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Informed Residents 

One week ago, at a Common Council meeting, one heard that Whitewater’s municipal government would use a software application to increase opportunities for residents’ input on local issues. See, Common Council meeting of 6.21.16, https://vimeo.com/171809282, beginning at 1:28:17. Assuming that the means are reliable and accessible, more opportunities for collecting opinion are better than fewer.…

About that Development Deal Near the Roundabout in Whitewater…

These last few months, I’ve watched the efforts of out-of-town developers to build a multi-use facility (by their account, a hotel, sports complex, and senior housing) near Whitewater’s east side roundabout. Two quick, easy points. First, this proposal was, in virtually every aspect, suspect and disreputable. Review of notes, recordings, and research into the developers’…

‘WEDC has been a disaster from the get-go’

After years of defending the Wisconsin Economic Development Corporation, one newspaper (out of several in the area) finally concedes the obvious:  ‘WEDC has been a disaster from the get-go.’ See, from 11.28.15, http://www.gazettextra.com/20151128/our_views_consider_two_steps_for_salvaging_state8217s_job_creation_agency, subscription req’d. Yes, it has been a disaster, as politicized intervention in the economy, to the benefit of one’s well-fed, white-collar executive…

Theranos as a Cautionary Tale

Theranos is a much-hyped biomedical start-up that’s fallen in valuation and reputation (not always the same thing) following published doubts (e.g., @ Wall Street Journal, Fortune) about its supposedly revolutionary technology. Here’s the meaning of this story for Whitewater: Theranos had the participation (and attention) of some of the most gifted men and women in America,…

Gov. Thompson Rejects WEDC-Style Loans

Republican Tommy Thompson, who served for fourteen years as governor, has written in opposition to the Wisconsin Economic Development Corporation’s loan program.  It’s the right position to take, and shows that Thompson understands the problems with WEDC.  Explicitly, Gov. Thompson’s opposition to WEDC-style loans includes local communities’ doling of loans through their own programs.  (Whitewater’s Community…

If Market-Based Solutions Are Superior to Cronyism, Why Are There So Many Cronies?

Here’s a question, concerning even small towns like Whitewater, for which the Financial Times publishes an answer: If market-based solutions are superior to cronyism, why are there so many cronies? First, there aren’t that many cronies (or insistent insiders) in Whitewater or elsewhere, but the few there are manipulate or intimidate weak reporters at local papers into representing their numbers as…

WEDC Spends More, Produces Less

It should come as no surprise that the Wisconsin Economic Development Corporation’s millions in taxpayer handouts to well-fed executives and political cronies are producing less with each successive spending spree: The state’s flagship job-creation agency handed out nearly $90 million more in economic development awards last year than the previous year, yet those awards are…

The WEDC Taints Walker (and local officials even more)

The WEDC is a state and national story that has local implications. Some of the toughest political battles are intra-party ones: Republicans or Democrats fighting against fellow party members for their respective primary nominations.  For rival Republicans, Gov. Walker’s creation of the Wisconsin Economic Development Corporation will offer a legitimate and compelling line of attack against his…

The State’s WEDC and Whitewater’s Facsimiles

Ongoing revelations about the Wisconsin Economic Development Corporation are a double concern: they’re stories of statewide malfeasance, and those revelations beg the question of how local officials in Whitewater are managing their own pools of public money. First, the latest stories (it’s a steady stream) of state-level error, waste, and negligence: Madison— Failing to run…

Demand

Here’s a follow-on to yesterday’s post, Business Dependency in Whitewater. There’s a huge effort locally, from the Community Development Authority in particular, to spur growth through large, publicly-funded incentives.   These addled few are like men who’ve heard the expression, ‘if you build it, he will come,’ but don’t understand when it applies and when it…

Business Dependency in Whitewater

For residents facing poverty, one would hope for, and understand, a combination of private and public relief.  Churches and other private organizations do much in this effort; government expenditures for the genuinely needy amount to a small portion of all government spending. Support of this kind is a worthy effort. Whitewater also has two large…

Another Six-Figure WEDC Loan to an Unworthy Applicant

View image | gettyimages.com Across the state, revelation after revelation shows that the Wisconsin Economic Development Corporation has been a mistake, a wasteful political endeavor contrary to sound economics. Locally, support for the WEDC, from Whitewater’s Community Development Authority, Chancellor Richard Telfer, City Manager Cameron Clapper, etc., shows not only that they’re ignorant of sound…