[lbo-talk] Rare Earths, Common Corruption?

michael perelman michael at ecst.csuchico.edu
Wed Oct 7 19:37:31 PDT 2009


An earlier note discussed the question about the possible impending scarcity of rare earth minerals. http://michaelperelman.wordpress.com/2009/09/06/a-different-environmental-threat-peak-rare-minerals-china-and-green-technology/

Shortly thereafter, the esteemed representative, Jerry Lewis (I prefer the other comedian) put a $3 million earmark for an already profitable US mining company in the House Defense Bill. Should one be surprised that, along with two private equity funds, Goldman Sachs is the owner?

Allen, Jonathan. 2009. "Critics Blast $3m Mining Handout." Politico (6 October). http://www.politico.com/news/stories/1009/27947.html -- Michael Perelman Economics Department California State University Chico, CA 95929

530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com



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