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In a 1948 speech to the House of Commons, Winston Churchill stated: “Those who fail to remember history are doomed to repeat it.” Yet, we keep going back to the well of corporate welfare, expecting the water to not be poisoned.
In 2000, the federal government subsidized General Motors to the tune of $245 million. Baltimore County, under Dutch Ruppersberger’s watch, also kicked in $6 million while the state-subsidized $4.5 million in tax credits. To utilize a famous commercial jingle, “And away go your tax dollars down the drain.”
Many may remember the Solyndra scandal under the Obama administration, which cost taxpayers billions of dollars through unsecured loans. Mr. Ruppersberger was in Congress during this time. So, has the congressman learned his lesson about repeating doomed history?
After all, we don’t want to end up like the great city of Paris, which continues to suffer through riots spurred by the middle class protesting against higher taxes.
Our county has engaged in quite a few poor decisions at massive taxpayer expense, as this article in The Baltimore Sun points out.
To make matters worse, we have Councilman Todd Crandell, who claims that jobs at Tradepoint Atlantic (TPA) will be a panacea for the economic woes of the 7th District. However, when The Baltimore Post contacted some of the major unions in the Baltimore metropolitan area to see if any of their employees were working at TPA, not a single one had ever heard of the site.
Despite Councilman Crandell’s repeated praising of TPA’s agenda (and the fact that the councilman has taken campaign contributions from TPA), the Post found quite a different set of circumstances.
Here is how the fleecing of the taxpayers happens. The county hires a shill company like the Sage Policy Group, which touts the county’s agenda. In fact, the Sage Policy Group gave a glowing review of TPA’s future that has not come to fruition.
For the record, the Sage Policy Group is no longer used by Baltimore County to provide an assessment of TPA.
On Tuesday, December 11, 2018, the Baltimore County Council will vote on the bill below–a bill that will give $1.5 million of our hard-earned tax dollars to the rich and famous, otherwise known as TPA’s owners. What is especially egregious is that this particular bill was submitted by the council chair rather than Councilman Crandell, who represents the district where this debacle lies. There are also zero mentions of any benefits to the county in the bill.
Please click on the image below to view the entire document
Hold on a second Chairman Jones. Maybe you should read this quote from the Baltimore Sun on the amount of money intended in this fleecing.
The county plans to propose about $78 million in aid for the construction of roads, water lines and sewer pipes on the vast property, according to County Council Chairman Julian Jones.
So why are we giving two rich and famous people our tax dollars without getting anything substantial in return? In truth, all we will get are low-wage, unskilled positions that will only add to our tax burden.
Speaking of burdens, Baltimore County after 25 years of Democratic leadership is $2 billion in the hole as Johnny O starts is for year term as county executive.
Speaking of the rich and famous, let us remind you who they are.
For those interested in watching this swindle take place on December 11, you can click here–at the top of the page, you will see the link to watching the live Council session.
Let’s all tune in or attend in person to see how easy it is for them to throw away $1.5 million worth of your tax dollars.
