Businesses which feed off the public trough no matter what part of the world they're from know that when it comes to handing out public subsidies, it's pretty hard to beat the Hoosier State. Gov. Mike Pence proudly announced he's offering up to $4 million in state economic development incentives to an Austrian company offering spam e-mail services much like ExactTarget to create up to 167 jobs in Indianapolis by 2020, which translates into nearly $25,000 per job. In fact, a former vice president of ExactTarget, Sean Brady, has become president of North American operations for this company.
The company called Emarsys is locating its offices on the 13th floor of Market Tower, which is the same building where the offices of the U.S. Attorney for the Southern District of Indiana and Sen. Dan Coats are located. Don't underestimate the power of the number 13. The company plans to spend about $3 million building out its tenant space at the downtown office tower. The Indianapolis Star's John Russell, who will be leaving his job shortly for a new job at the Chicago Tribune, characterizes today's announcement as "a move likely to boost Indiana's reputation as a hot bed for digital technology marketing." He even refers to Indianapolis as the "Silicon Valley of the Midwest." Actually, it's a better known as the nation's capital for operating Ponzi schemes, but let's not talk about that when there is good news to be cheered.
Gov. Pence couldn't hide his enthusiasm at the opportunity to sling more of your tax dollars into the pockets of private business. "We continue to see a surge of tech firms like Emarsys choosing to bring quality, great paying jobs to Indiana," he said in a statement. “As a regional hub for technical and engineering innovation, Indiana is attracting companies that are looking for the skilled and dedicated workforce needed to grow their businesses." No, we're attracting companies who like Indiana's anti-labor work laws and it's reputation for subsidizing businesses to operate here no matter how unethically they operate or how poorly they treat their employees.
Speaking of Ponzi schemes, a New York-based hedge firm, TCS Capital Management, has filed paperwork with the SEC confirming it has taken a 5.4% stake in Angie's List and is trying to position it for sale. So once again, you're going to see an effort made to dump the company, its debt and 20-year history of never turning an investment off on to another group of unsuspecting investors. Wall Street is run by nothing but a bunch of fraudsters who aren't interested in creating jobs and security for American workers and honest returns on investments for innocent investors; rather, they are only interested in the "churn and burn" world of high finance where shady deals are constantly been conjured up to build wealth for a group of elitist insiders at the expense of the rest of us.
3 comments:
This particular blog report is another reason this Republican AI commenter is sick to death of the shallow Mike Pence. I've come to believe "Pence Must Go" but not for the reasons given by the extreme left of center angry Democrat Realtor's yard sign campaign and his political PAC was established.
I have voter regret for Pence that is sky high. These "trade missions"- whether gubernatorial or mayoral- are crony entourage trips for the connected and those politicos desiring connections business, political, or both. A friend is a past and current governor's office high level bureaucrat who comes from an established and quite prosperous and landed family who tells me of his opportunities during these world travel "missions" to meet the rich, powerful, and connected high level executives and politicians on these trips and that those introductions will serve him well as he climbs the ladder of crony politics and uses the knowledge to expand opportunities for the family businesses.
So, you and I, we everyday people, can never ever make the connections and have the possibilities open to the privileged political ruling class. For liberal Democrat and establishment Republican politicians, which are indistinguishable from either other, they afford themselves places at the table you and I will never have. But some pigs are more equal than others, right?
And these fake "jobs" proclaimed as the result of "trade missions" are a joke to anyone who can critically think and realize the lies politicians like Mike Pence tell us.
Even Mitch was suckered into a few of these stupidities but nothing like the fiasco of evan bought and united.
"Speaking of Ponzi schemes, a New York-based hedge firm, TCS Capital Management, has filed paperwork with the SEC confirming it has taken a 5.4% stake in Angie's List... trying to position it for sale...once again... an effort made to dump the company, its debt and 20-year history of never turning an investment off on to another group of unsuspecting investors..."
Angie's List... isn't this the fraud company liberal Democrat Zach Adamson adored so devoutly? Does Indianapolis City County Council career politico for re-election Zach Adamson have contact information for TCS Capital Management?? As much as Zach Adamson raved and raved about Angie's List, I have no doubt the liberal Democrat would jump high at the chance to shovel some of his PERSONAL dollars into Angie's List. Let's see how much he and his friends on the Council who were so ready to shovel taxpayer money to Oesterle and Hicks put out when it's their own dollars on the line.
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