So one reads that a few of Whitewater’s town fathers, toadying to the WEDC’s public-relations machine, are crowing that the Innovation Center is part of GLOBAL ENTREPRENEURSHIP WEEK. Global? That’s not so much. One can easily show these striving WEDC public-relations men how to take something small and make it look really big. Behold, I…
WEDC
Corporate Welfare, Development, Government Spending, WEDC
Another Holiday on the Calendar
by JOHN ADAMS • • Comments
Oh dearie me, having been thinking these months about Halloween, Thanksgiving, and Christmas, somehow GLOBAL ENTREPRENEURSHIP WEEK slipped my mind. How, truly, could one forget a week-long celebration of white-collar tech startups? Perhaps a lifetime of celebrating both religious and national holidays, and the actual accomplishments of ordinary people who have overcome harrowing obstacles, has…
Corporate Welfare, WEDC
Unqualified, Callow Political Hack Resigns from Wisconsin Economic Development Corporation
by JOHN ADAMS • • Comments
Over at the WEDC, the deputy secretary of that troubled agency has resigned: [Ryan] Murray’s departure comes three months after he was criticized in a resignation letter written by Lee Swindall, WEDC’s vice president of business and industry development, that was made public in September. Saying that Murray confused “rigid control with stability and sound…
Business, Corporate Welfare, Government Spending, Uncategorized, WEDC
WEDC Claims Success by Writing Off Bad Loans
by JOHN ADAMS • • Comments
Wisconsin has had years of embarrassments from the Wisconsin Economic Development Corporation, of economic manipulation, of picking supposed winners as though party hacks would know better than markets. It was a method bound to disappoint. These smarmy men at the WEDC have been trying to show progress on the millions of bad loans they’ve made.…
Business, Corporate Welfare, Development, Economy, Free Markets, WEDC
WEDC Afflicted with Internal Strife
by JOHN ADAMS • • Comments
Not long ago, Messrs. Telfer, Knight, and Clapper met in Whitewater with Reed Hall, so-called CEO of the Wisconsin Economic Development Corporation, to ‘celebrate’ another round of public money in the service of crony capitalism. These gentlemen must have thought – somehow – that all this would look grand and spectacular, that it would be…
Business, Corporate Welfare, Government Spending, WEDC
At WEDC-Sponsored Tech Festival, Local Company Announces a Move to Ohio
by JOHN ADAMS • • Comments
The Wisconsin Economic Development Corporation – it should more accurately be called the Wisconsin Economic Disaster Corporation – had yet another embarrassment this week. At the WEDC-sponsored ‘Forward Technology Festival‘ in Madison, a local company announced that it was moving…to Ohio. The Journal Sentinel reports that Aver Informatics Inc., a health information technology start-up, moved…
Corporate Welfare, Politics, WEDC
WEDC Board Offers Millions to Subsidize Job Cuts
by JOHN ADAMS • • Comments
The next time Chancellor Telfer, City Manager Clapper, and CDA Chairman Jeff Knight host Reed Hall of the WEDC in Whitewater, they might wish to ask him a few questions about use of public money, job creation, and community development: The board overseeing the state’s flagship job-creation agency has quietly approved a $6 million tax credit…
City, Corporate Welfare, Government Spending, Local Government, Politics, WEDC
WEDC Update
by JOHN ADAMS • • 1 Comment
Anyone betting locally on the supposed prestige and success of the Wisconsin Economic Development Corporation has placed a bad bet. That corrupt and incompetent agency is in the news yet again for its failures and lies: WEDC award recipients outsourced Wisconsin jobs to foreign countries — WKOW 27: Madison, WI Breaking News, Weather and Sports…