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Long before the disturbing federal trillion dollar bailout, corporate welfare has been rampant at all levels of government.
Subsides, rebates, tax credits, guaranteed loans, and deductions are so prevalent we don't usually pay much attention. Wal-Mart is the recipient of over a billion dollars of tax refunds and rebates from various cities and http://astore.amazon.com/jusagirinshos-20towns every year.
The millionaires that play professional ball, and their multimillionaire owners, play in stadiums that are paid for with various taxes imposed by the local burghers. And if they don't pony up for the type of luxurious facility they so richly deserve, the athletes skip town in the middle of the night.
Just like we are characterized as heartless ignoramuses when we object to the recent, and coming, ineffective and counterproductive, government efforts to nationalize and bailout the economy, cranks, like myself, who have always objected to the business-as-usual corporate welfare, have been dismissed as no-growth ninnies. So it is nice that in Arizona there is an organization like the Goldwater Institute, which, since it was founded by one of the legendary homeboys, gets some begrudging respect.
The Goldwater Institute tries to keep tabs on the erosion of civil and economic liberties in Arizona, and the wasteful government handouts of our money. It is, of course, a never ending and losing battle.
Most recently the Institute got irritated about government paying the developers of a new mall in Phoenix a 97.4 million “incentive.” I was pleased it was being challenged. As much as I love the mall experience, this is just wrong—and it not only should be illegal-- it is!!!
The state constitution specifically prohibits corporate welfare. But when it comes to pork, never underestimate the politicians. If the politicians of our great nation were as clever at dealing with the problems that face us, as they are at the distribution of pork, we would be living in a virtual utopia.