You can imagine why this country – and especially this county – IS (and should be) going down the drain. I return to Cleveland to find our wonderfully generous politicians are giving Eaton Corp. more than $90 million in gifts. Or should I say you and I are giving Eaton, which had sales of $15.4 billion and earnings over $1.1 billion last year, the gift.
This is a company that on its web pages tells stockholders that it is going to reduce employment by $165-million in 2009. That’s REDUCE, as it CUT or DUMP. HOW MANY PEOPLE DOES THAT MEAN, I WONDER.
But what are we told that Eaton Corp. will do for the $90-million?
INCREASE jobs, of course. Would they lie to you?
Hypocrisy and lies reign in what we call private-public partnership.
This is the kind of crap we get from our Democratic Governor Ted Strickland and his administration. Why bother to vote?
The state – Strickland - has pledged $53 million in tax breaks and grants, according to the Plain Dealer. There are other goodies piled on to reach the $90 million figure.
And this is for Eaton to move to virgin land – owned by the City of Cleveland from whence Eaton is fleeing – at the Chagrin-Highlands project, given by former Cleveland pols – Council President George Forbes and Mayor George Voinovich so speculators could draw business from the city. George and George are the two worse things that happened to Cleveland and the two best things that ever happened to Dick Jacobs. Jacobs secretly was given reign over Chagrin Highlands by this duo in 1989.
And there are people – and editorials – that say we don’t do enough for business.
What do you think?