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...those who would end it and those who believe the President's behavior is too serious to ignore. But friends are sure he's eager to get the thing wrapped up before he takes command of the next Congress in January. Representative Billy Tauzin, one of Livingston's fellow Louisiana Republicans, says, "He'd like to see the preoccupation with scandal end." Who wouldn't? But not everyone in Washington is ready yet to call it quits...

Author: /time Magazine | Title: Get Me Outta Here! | 11/23/1998 | See Source »

...company stored hazardous waste, sludges and solid wastes illegally; failed to install containment systems; burned hazardous waste without a permit; neglected to report the release of hazardous chemicals into the air; contaminated groundwater beneath the plant site (thereby threatening an aquifer that provides drinking water for residents of Louisiana and Texas); and shipped toxic waste laced with mercury to South Africa without notifying the EPA, as required by law. Last March, on the third day of what was expected to be a three-week trial, the company signed a consent agreement to settle the case. Without admitting any wrongdoing, Borden...

Author: /time Magazine | Title: Corporate Welfare: Paying A Price For Polluters | 11/23/1998 | See Source »

...weep for Borden Chemicals. It was able to pay the fine with just a couple of years' savings from abated taxes. For over the past decade, while the plant has been fouling the land, water and air in Louisiana, the state has excused the company from paying $15 million in property taxes as part of just one of its corporate-welfare programs. A Borden spokesman said even with the exemption, the tax the company pays in Louisiana is "about average" for Southern states. Without the exemption, he says, Louisiana would no longer be "competitive as far as trying to attract...

Author: /time Magazine | Title: Corporate Welfare: Paying A Price For Polluters | 11/23/1998 | See Source »

Borden Chemicals, which years ago was part of Borden Inc., the milk-and-dairy-products company, is typical of scores of companies in Louisiana that receive tax abatements at the same time they contribute to the state's polluted environment. That pollution, in Louisiana and across the country, represents corporate welfare's greatest hidden cost. Chemicals, mining wastes and a broad range of other hazardous materials have fouled water, land and air across America. Billions have already been spent undoing environmental damage. Many more billions will be spent in coming years. Industry itself is footing part of the bill...

Author: /time Magazine | Title: Corporate Welfare: Paying A Price For Polluters | 11/23/1998 | See Source »

INDICTED. EDWIN EDWARDS, 71, former Governor of Louisiana, in an alleged scheme to extort millions for awarding riverboat-casino licenses; in Baton Rouge, La. Edwards denies he did anything illegal...

Author: /time Magazine | Title: Milestones Nov. 16, 1998 | 11/16/1998 | See Source »

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