Northrop Grumman Giveth, Northrop Grumman Taketh Away

Insult To Injury (0.00 / 0)

We should look even further. It is quite possible that another contractor won the exact contract. It will either hire new workers or bring on the old ones. This begs the questions:

Will the new contractor receive incentives for "moving" to Virginia?

Will we reward multiple companies for "creating" the same jobs over and over?

Will we count the same jobs as being "created" over and over?

This is a potential new twist on Ponzi's concept.  

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by: Dan Sullivan @ Sat Jul 31, 2010 at 16:28:48 PM UTC

So much for the "free market" (0.00 / 0)

This is corporate welfare run amok. What's amazing is that Bob McDonnell has the chutzpah to claim he's "pro-free-market," or whatever b.s. he's spouting these days, when in fact he's a classic, corporate welfare politician.

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by: lowkell @ Sat Jul 31, 2010 at 16:51:29 PM UTC

[ Parent ]

Yea Baby Yea (0.00 / 0)

I doubt these types of incentive programs really work. I also seriously doubt the tax breaks provided equal to or are greater than the tax revenue enhancements it was to produce with the business that moved.  

This kind of mindless crap is "non-denominational" and can be attributed to a politician who cannot read and fathom basic economic facts.

VA Governor got his moment in the sun,  and Grumman got what they wanted, my tax dollars.  This is what I call business friendly!

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by: Mike1987 @ Sat Jul 31, 2010 at 20:11:34 PM UTC

A complete outrage (0.00 / 0)

The fact that a major corporation can take the taxpayers' money for a particular purpose, then immediately defy that purpose and openly flaunt that defiance in our faces -- and expect to get away with it suffering zero consequences -- speaks volumes about the type of society we have become.

Are we still a democracy, or a corporate kleptocracy?

So what will Gov Bob do or say about this situation? My guess is: absolutely nothing beyond perhaps a few lame excuses and platitudes.

This is the type of thing that the public ought to be outraged about, rather than misdirecting their anger over phony charges of "socialism". When you have corporations like this reaming you every day is precisely when "socialism" starts to sound appealling.  

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by: kindler @ Sat Jul 31, 2010 at 23:27:35 PM UTC

More of a corporate kleptocracy (0.00 / 0)

We need a new trust buster, a la Teddy Roosevelt. Unfortunately, we don't have one. Republicans today certainly are not the "free market" party, so forget that, and Democrats are largely in bed with corporate interests as well. Not good.

P.S. Note that corporate hack Dick Armey has cleverly channeled people's "anger" against "socialism" and other phony targets, while the corporate interests Armey is working for rake in the corrupt cash.  No wonder why Armey gets paid the big bucks.

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by: lowkell @ Sat Jul 31, 2010 at 23:33:54 PM UTC

[ Parent ]