Wednesday, February 25, 2009

Rick Perry's $35 Million Fix

Texas Governor Rick Perry showed his preference for corporate vs. individual welfare. He proudly gave $35 million to Vought Aircraft Industries, an affiliate of The Carlyle Group. They promised to add 3,000 jobs in Dallas/Ft. Worth. That was on top of the 3,300 they already employed. Carlyle fell far short. Vought doesn''t even employ 6,000 company wide.

"This is exactly how addicts get hooked on drugs."

Is Vought hooked on interest payments from Texas taxpayers' $35 million? They have a decade or so to pay it back. That sounds like serious dependency. Failure to perform and failure to pay. That sounds like a corporate cash addict. The public is sick of American corporatocracy, whether state or federal sponsored.

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