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Photo reveals those feeding at the trough of the middle class taxpayers
Posted by Buzz Beeler on 31st July 2018
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Why are they smiling? (Photo Credit: Tradepoint Atlantic)

 

Recently The Baltimore Post published an article regarding Under Armour’s planned logistical operations center built at Tradepoint Atlantic.

Then,  we received the below email from TPA asking for help to revitalize this private enterprise company founded by two billionaire owners. One of the owners runs the Baltimore Ravens football team while his cousin it is mentioned in this article from Forbes detailing relationship between the two and their net worth.

Here is a quote from the article that will pretty much sum up the status of these two giants in the business world:

  • Jim Davis is cofounder of Allegis Group, the world’s largest privately-held staffing company.
  • He founded Allegis (then called Aerotek) in 1983 with his cousin Steve Bisciotti, who is also a billionaire.

Now you also notice there is no photograph of Mr. Davis, however if you look at the lower right-hand corner of our featured photo Mr. Davis is seated at the table, the second person from the left.

Now for we get into the actual backdrop of TPA’s request for our help or more specifically tax dollars (One half billion dollars when built out) we’ll need to set the backdrop of the movers and shakers behind this endeavor.

We have created a slideshow from a previous awards ceremony sponsored by the Dundalk Renaissance Corporation. Now hopefully some of our readers will be able to connect the dots from our  slide directly to the DRC as you read the names and see the faces.

This article previously published in the Post may give you some more insight.

Now, we begin to connect the dots in the local players in this game, as publisher of The Baltimore Post, I had a rather interesting conversation with a very close friend regarding this topic. One of the questions centered around – how are we going to attract jobs without offering some sort of incentive to those companies that will provide those jobs?

I had to think for a moment then thought of the infamous Yorkway Development. Some of you may remember when then County Executive and future – lifelong Congressman – Dutch Ruppersberger  attempted to seize the land under eminent domain and failed. He then tried an end around game by introducing legislation which also failed. The deal was formulated when Dutch along with his successor, Jim Smith bought the $1.5 million property for $22 million and subsequently demolished it for the developer.

Councilman John Olsezwski Jr, then drafted a PUD that allowed developer John Vontran to flip project over to Ryan Homes. Much more on that later.

My thought was to show the taxpayers will never recover the $22 million after consideration for the cost of education, police protection, fire protection and a host of other public services.

Here is one report may answer some of those other questions on the national level. The report was published by The Heritage Foundation and included testimony before the Subcommittee on Federal Spending Oversight and Emergency Management before the United States Senate on June 10, 2015.

Here is another report on the same subject. This one emanates from one of the leading authorities on the subject, Fords magazine.

This is a particular interesting quote from the article:

According to Good Jobs First, there are 514 economic development programs in the 50 states and the District of Columbia. More than 245,000 awards have been granted under those programs. I ask again, where is the outrage? The system is antithetical to the idea of free markets. A quarter of a million times, state governments decided what is best for producers and consumers. That should make us cringe. First, the government is inefficient at providing public goods, and it is terrible at manipulating the markets for private goods. But more importantly, those 514 economic development programs are almost all the result of insidious cronyism. Narrow business interests manipulate government policymakers, and those interests prosper to the detriment of everyone else. Free markets be damned.

Here is the backdrop regarding our featured photo as it pertains to the FedEx operation at TPA. This article appeared in The Baltimore Sun. In the article it references the total number of jobs FedEx is bringing to TPA.

All of this political and corporate fawning is based on a total of 400 jobs broken down in the following description: Package handlers – 180, managers – 70 and 150 drivers.

 

Photo Credit: The Dundalk Eagle via Pressreader.com

 

If you have trouble connecting the dots to the above slideshow of familiar faces we will draw the connection in another article.

 

Photo and Video Credit: Tradepoint Atlantic


Tradepoint Atlantic – Update on the Point

View this email in your browser

Photo and Video Credit: Tradepoint Atlantic


Help Us Revitalize Sparrows Point


Greetings,

Since acquiring Sparrows Point, our dedicated team at Tradepoint Atlantic has worked tirelessly, and made tremendous progress in revitalizing the site. In just four years, we have invested and begun $48 million in environmental clean-up, brought job-generating corporations, and most importantly – developed a vision for the future. 

We have a plan to transform Sparrows Point into a world class multi-modal industrial campus — restoring it to its former glory while embracing a brighter, cleaner future for our entire community.

Today, we are proud to announce Revitalize Sparrows Point, our plan to bring our vision for Sparrows Point to life.

 

But we can’t do this alone. To realize our vision for Sparrows Point in a reasonable time-frame, we need to partner with Baltimore County to build the critical public infrastructure and utilities needed at the site.

As we work through this important next step, we ask for your support. Please stand with us and alongside other local businesses, and labor and civic groups to help advocate for this much needed public-private partnership. Learn more and sign up for updates here.

As a valued neighbor and community partner of this project, we hope we can count on you.  Timing of these infrastructure upgrades is critical to ensure Sparrows Point can keep pace with today’s strong industrial market and be best positioned to continue to attract world class tenants to the site.

In the coming months you will hear more about this effort and the importance it will have in securing Baltimore County’s place in the new industrial economy, bringing with it jobs and a generational opportunity to transform Sparrows Point so the iconic star can shine once again.

A project of this size and significance requires support from all parts of our community.

Together, we WILL revitalize Sparrows Point.

Sincerely,
Aaron Tomarchio
Senior Vice President
Tradepoint Atlantic

Copyright © 2018 Tradepoint Atlantic, All rights reserved.

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Now after watching the video, you heard grandiose plans including an interview with the person with ties to the DRC the question remains how much of this is – truth or fiction.

Also it should be noted that a recent study revealed that only 2% of the current workforce at TPA is local residents.

Until we meet again as our motto always is, “You read; You decide.”