More on Scott Walker's fraudulant WEDC

[Scuba]

http://www.bluecheddar.net/?p=31661

Scott Walker’s job makin’ agency WEDC is sloppy as a hog in mud

We already knew WEDC handled $517 million dollars 2011 – 2012 (most of it from the taxpayers) and as of February 2013 they had lost track of $56 million of that. * Now we also know that businesses commonly wheel ‘n’ deal over contracts with WEDC and in several cases they didn’t even make actual jobs (nevermind the state statute that says WEDC has to make jobs come out of those contracts). We learn there’s no worry about conflict of interest at WEDC and we learn that there was no real enforcement of wage requirements despite contract provisions that guaranteed %150 of federal minimum wage minimum. We also learn that employees got to use their WEDC cards to buy questionable stuff like $1,789 in Badger football tickets and we find out that not so much as a notebook was used to track millions in loans. To top it off, we learn that you don’t even have to ask and WEDC’ll give you a $100K or more extra.

How many jobs came out of this circus? L.A.B. concludes, “..it is difficult to assess the accuracy and completeness of the number of jobs that WEDC reported having been created or retained”.

...

“Instead, the contract required the business to make a $10.0 million capital investment and provide $2.5 million in training to its employees. After the business subsequently decided not to make the capital investment, WEDC amended the contract to no longer require the capital investment and reduced the tax credit allocation. It did not declare the business to be in default of the contract and recover any of the $1.5 million in tax credits that had been awarded.”

See that? No jobs made? No capital investment? No problem! You get to keep your $1.5 million and screw the state’s statutes! THAT business owner has to be a VERY SPECIAL friend of Governor Scott Walker.

Lots more dirt at the link above, and this one too... http://cognidissidence.blogspot.com/2013/05/the-only-way-to-correct-wedc-is-to-end.html

[midnight]

1. I got the impression that this agency was another piggy bank for the Walker people.

Last edited Thu May 2, 2013, 03:06 PM - Edit history (1)

Just like the piggy bank account that they put together for the orphans of vets... And then turned around and used it to indulge themselves with personal expenses......

Look at this photo.... It is either not a good one, or he looks under the influence.....

http://www.postcrescent.com/viewart/20130502/APC010401/305020256/Walker-open-new-audit-job-creation-agency