September 13, 2005

North Carolina GIVES cash to businesses

Interesting to note, as a footnote to the Katrina gross expenditures. Just this past week, North Carolina government GAVE away almost $250 million to businesses. These are cash grants -- which mean they are simply gifts, not loans. And yes, this is the same legislature that raised taxes over $10 million last year and created a $17 BILLION budget that was "cut to the bone."

The beneficiaries of this enormous cash gift was business. Yes, that same business that Democrats so demonize as evil and Republican. Remember, good reader, the North Carolina Legislature is controlled with an iron fist by Democrats -- no Republican ideas EVER see the light of day in that legislature.

Why did they get cash? Because "The individual business owners might not be coming back." This is after flooding of our own from various different natural disasters, including hurricanes of the last year.

If the businesses don't want to come back, why force them to? Why bribe them? Why not let free markets work? Why am *I* personally being forced at gunpoint to bribe a business to "come back?"

And some don't even need the money! In Marshall county, which got $400,000, the "regional planning director" said, "Up in Marshall the flooding didn’t really cause a lot of long-term damage,” she said. “Most people were able to pump out the water … and keep running their business.”

In other words, they didn't even need the money to rebuild businesses -- they're already rebuilt! But far from even considering giving the money back, they're going to use it. What for? "Revitalizing the downtown historic district and renovating buildings."

Great. I'm telling you, I need to buy some investment land -- in a hurricane zone. If you own a home or a business that's hit by a hurricane, the government will pay you cash. What a horrible use of government.

Posted by: Ogre at 10:32 AM | Comments (2) | Add Comment
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1 Sheesh...even at the state levels they are using this HURRICANE to pork up the fry pans. How incredible. How ridiculous. And how helpless it makes us all feel.

Posted by: Raven at September 13, 2005 07:26 PM (7mbx+)

2 I want to provide a solution. I know what the solution is. I just don't know how to implement it. The solution is to get those bums out of office, but those in power very seriously stack the deck so they cannot lose.

Posted by: Ogre at September 13, 2005 08:07 PM (iJFc9)

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