More on Romney, Crony Capitalism, and Subsidies – from The Nation and the LA Times

From Ari Berman at the Nation:

But a closer look at Bain’s record under Romney reveals that the company relied on the very government subsidies that Romney and Tea Party conservatives routinely denounce as “crony capitalism.” The Los Angeles Times ran a big story yesterday about Bain’s investment in Steel Dynamics, which received $37 million in subsidies and grants to build a new plant in DeKalb County, Indiana. An analyst at the Cato Institute called it “corporate welfare.”

And the LA Times article to which he refers.

 Mitt Romney no stranger to tax breaks, subsidies
Bain Capital profited from a steel company that got them, and he used them to attract business when he governed Massachusetts

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