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28%  
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  • Privatization Fail: Scott Walker's WEDC in Full Meltdown (Is this Free Market economics?

    05/24/2015 11:46:40 AM PDT · by Laissez-faire capitalist · 93 replies
    PR Watch ^ | 5/18/2015 | Mary Bottari
    During the 2010 campaign for governor, Scott Walker promised to create 250,000 jobs in his first term. Toward this end, one of his first acts as governor was to privatize the state's economic development agency. Wisconsin Economic Development Corporation (WEDC) opened its doors in July 2011. After a series of damning audits, which highlighted mismanagement and incompetence, and news reports of special treatment for Walker donors, on Monday Democratic state lawmakers called for a federal investigation of the scandal-plagued entity. Walker is the Chairman of the Board When walker created WEDC in 2011, he named himself Chairman of the Board....