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The Government Bailouts Just Ended, With Billions In Profit

2014-12-22 16:39:02| Automakers - Topix.net

On Friday, the U.S. Treasury Department announced that it had sold its remaining shares of Ally Financial, the former financing subsidiary of General Motors, for $1.3 billion, effectively ending the auto and bank bailouts it began under President George W. Bush in 2008. The government also announced that the Troubled Asset Relief Program for banks and the Detroit bailouts yielded $15.35 billion in profit .

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Cargill's Millions in Campaign Gifts and Lobbying Brings in Billions of Federal Loot

2014-12-20 06:37:33| Food - Topix.net

Minnetonka-based Cargill, Inc., America's largest privately held corporation, has pocketed more than $1 billion in federal business as a result of its political pull. The Sunlight Foundation, a Washington, D.C. money-in-politics watchdog group, found that Cargill invested almost $10 million in campaign contributions and lobbying between 2007 and 2012, making it one of the Top 200 sugar daddies on Capitol Hill.

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Can Biotech Save Natural Gas Producers Billions in Flaring Costs?

2014-11-29 23:42:28| Electronics - Topix.net

A lack of pipelines in McKenzie County, N.D., forced the Orvis State well on the Evanson family farm to flare gas in 2013. Image source: Tim Evanson/ Flickr .

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Geo-engineering: Climate fixes 'could harm billions'

2014-11-26 02:12:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Schemes to tackle climate change could prove disastrous for billions of people, but might be required for the good of the planet, scientists say. That is the conclusion of a new set of studies into what's become known as geo-engineering. This is the so far unproven science of intervening in the climate to bring down temperatures. These projects work by, for example, shading the Earth from the Sun or soaking up carbon dioxide. Ideas include aircraft spraying out sulphur particles at high...

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