A forum, news site and archive begun in February, 2007 about politics and the environment in Wisconsin. And elsewhere.
When is a co-op, not a co-op you ask?Well I guess that would be when it isn't.Battle of the Bookstores And a shout-out to The Open Book on landing that 35K "loan" from Shorewood. Hope Shorewood doesn't plan on seeing that re-paid anytime soon.
To Anon Jim;Love that positive attitude.And Shorewood is only doing what all municipalities and states of all sizes and stripes do: subsidize businesses with investment that has been deemed in the community's interest.
But James, I thought you Libby's derisively call any kind of subsidy to a private business "corporate welfare"?
May I point out that a loan is not a subsidy, and that one way or another (that way is by being successful) the loan has to be paid off.Unlike many examples of corporate welfare it is not being used to create jobs overseas, but 15 new jobs here in the North Shore.
When is a co-op, not a co-op you ask?
ReplyDeleteWell I guess that would be when it isn't.
Battle of the Bookstores
And a shout-out to The Open Book on landing that 35K "loan" from Shorewood.
Hope Shorewood doesn't plan on seeing that re-paid anytime soon.
To Anon Jim;
ReplyDeleteLove that positive attitude.
And Shorewood is only doing what all municipalities and states of all sizes and stripes do: subsidize businesses with investment that has been deemed in the community's interest.
But James, I thought you Libby's derisively call any kind of subsidy to a private business "corporate welfare"?
ReplyDeleteMay I point out that a loan is not a subsidy, and that one way or another (that way is by being successful) the loan has to be paid off.
ReplyDeleteUnlike many examples of corporate welfare it is not being used to create jobs overseas, but 15 new jobs here in the North Shore.