Orascom Scam Gets Worse

Published: Sept. 25, 2012, 6 p.m.

Peter Fisher with the Iowa Policy Project talks about how the Iowa Finance Authority awarded Orascom (the Egyptian corporation building a fertilizer factory in southeast Iowa) up to $1.19 billion in Midwest Disaster Area tax-exempt bonds. And that's on top of the $251 million in state tax incentives. We also talk about the Boswell-Latham race, the battle for control of the US Senate, Romney's 47-percenters, and salmonella in Trader Joe's peanut butter.