Gluttony
Gluttony, Grifters, Trump
GOP Cribs
by JOHN ADAMS • • Comments
The Never Trump Republicans of the Lincoln Project have criticized Trump more than once, and are now burrowed deep under his oddly-pigmented skin. They’re highly effective in the way that Russian dissidents were highly effective against the brutality of the Soviet Union: no one knew both those experiences and the character of the regime that…
Authoritarianism, Bigotry, Conway, Ethics, Gluttony, Grifters, Impeachment, Kakistocracy, Medicine, Mendacity, Nepotism, Never Trump, Official Misconduct, Sloth, Trump, Trump-Russia, Unfit
Trump’s Condition: Unfit by Many Standards
by JOHN ADAMS • • Comments
It’s enough, as an indictment of Trump, to see and then reject his role on purely political grounds: a bigoted autocrat of limited knowledge & reasoning ability with a love of foreign dictators and contempt for American liberal democracy. One doesn’t need a training in medicine to reject Trump. There are, however, compelling critiques of…
Conflicts of Interest, Gluttony, Grifters, Self-Dealing, Trump
Grifters: Episode One
by JOHN ADAMS • • Comments
CDA, Development, Economics, Economy, Gluttony, Government Spending, Innovation Center/Tech Park, Local Government, Press, Public Relations, WEDC
‘WEDC has been a disaster from the get-go’
by JOHN ADAMS • • 1 Comment
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…
CDA, Development, Economy, Gluttony, Government Spending, Innovation Center/Tech Park, Local Government, Newspapers, Poverty, Press
Theranos as a Cautionary Tale
by JOHN ADAMS • • Comments
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,…
Blogging, Business, CDA, City, Free Markets, Gluttony, Local Government, New Media, New Whitewater, Politics
If Market-Based Solutions Are Superior to Cronyism, Why Are There So Many Cronies?
by JOHN ADAMS • • Comments
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…
CDA, City, Corporate Welfare, Economics, Economy, Gluttony, Government Spending, Local Government, Politics
Fog Lifts
by JOHN ADAMS • • Comments
View image | gettyimages.com Whitewater started the day with fog, but there has never been a place, anywhere or ever, in which the fog did not lift. There’s reason for confidence that even befogged places see, in the course of events, clear skies. I’d guess, though, that most policymakers in town (such as they are)…
CDA, Corporate Welfare, Gluttony, Government Spending, Local Government, WEDC
WEDC Spends More, Produces Less
by JOHN ADAMS • • 1 Comment
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…
Corporate Welfare, Gluttony, Government Spending, Politics, WEDC
The Weakness of Sugar Cubes
by JOHN ADAMS • • 2 Comments
When conditions are dry, sugar cubes are fairly sturdy. When placed in coffee, they don’t last long. View image | gettyimages.com Cronyism is like this – it does well in the dry jar of municipal officials, insiders, press-toads, big-business lobbyists, and their lightheaded cheerleaders. In the bracing coffee of careful analysis, sound economics, and impartial…
Business, Corporate Welfare, Gluttony, Government Spending, WEDC
The New Crony Capitalist
by JOHN ADAMS • • Comments
Gov. Scott Walker on Thursday appointed banking executive and frequent GOP donor Mark Hogan to lead the state’s troubled job-creation agency [WEDC]….. M&I Bank faced its own problems several years ago with bad loans and a crashing stock price and ended up being absorbed by BMO Harris of Canada in 2011. M&I loan losses during…
CDA, Economics, Economy, Gluttony, Gov. Walker, Government Spending, WEDC
The WEDC Taints Walker (and local officials even more)
by JOHN ADAMS • • 2 Comments
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…
Business, Corporate Welfare, Gluttony, Government Spending, WEDC
WEDC Leader Quits: “It is time for me to return to my previous retired status”
by JOHN ADAMS • • Comments
Having presided over the national embarrassment that is the Wisconsin Economic Development Corporation, WEDC leader Reed Hall now heads for the exit: The state’s top economic development agency, stung by a series of scathing audits, media reports about questionable loans and accusations of mismanagement, is once again seeking new leadership. After three years steering…
CDA, City, Corporate Welfare, Economics, Economy, Gluttony, Government Spending, Innovation Center/Tech Park, Local Government, Politics, WEDC, Wisconsin
The State’s WEDC and Whitewater’s Facsimiles
by JOHN ADAMS • • 2 Comments
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…