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Termyn8or -> Viagragate ? [eminent domain] (12/28/2009 9:31:00 PM)
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They make viagra, thus the title.
http://www.nytimes.com/2009/11/13/nyregion/13pfizer.html
I caught wind of this in the Dec. 7/14 issue of AFP and of course they have their own perspective on it. In this case I agree with them. The AFP is one of those papers that have been able to say I told you so more times than any other. Some people think it is written by a bunch of crackpots, but it is not. Some readers though.....
There are a few tasty little items in the AFP about this. The Wall Street Journal called the Kelo decision "one of the worst in recent years". Now this is not a crowd of ditch diggers, so I sort of wonder just what else they might be talking about. The Washington Examiner reported that the city had sold Pfizer a 26 acre plot for ten bucks, with tax incentives, and state as well as local government garnered up $26 million for cleanup, something that would probably be of use to such a facility no ?
The SNAFU continues. One of the suits over at Pfizer, David Burnett flat out told the Hartford Courant that Pfizer wants a nice place to operate. We don't want to be surrounded by tenements.
For whatever reason, Pfizer won. There is empty land where there were houses. Now Pfizer is completely pulling out and taking some jobs with it. It's like they're pissed off. But this is probably business as usual. Pfizer has the bigger stick in this case. It seems they have decided to give it a swing. With the demolished properties, it is about $450,000 in property taxes no longer coming in. That town is not that big. By US census numbers it's close to two bucks a head. Not alot right there but it adds up, but what about the people who thought there were going to be jobs there ?
Some probably stayed when they should've gone. Even worse, some may have moved there hoping for employment, burnt up their resources to get there. In the beginning some may have made investments that turned sour because of this. People rarely realize the ramifications of these actions, prefering to focus on other matters for whatever reason. But this comes down to property, and that's where the fuck it STOPS. Either they STOP or I STOP. There is no third option.
I'll spare you most of the AFP's slant on this, which I find quite level actually, except for this and that. The title of the article is "How a Rich Drug Company Took Down A City", and the words of Washington's Institute For Justice's Scott Bullock is reported to have said "Governments should not get involved in speculative and risky real estate ventures that include massive risk. That's the last thing taxpayers should be on the hook for".
Indeed. In the end guess who paid for it all. Whether you used or bought Pfizer products or paid taxes, you paid. You paid for this shit which accomplished nothing. Oh wait some lawyers needed an addition to their house for their ivory backscratcher collection. Don't it just make you so proud to pay for all this entertainment ?
Laugh all you want, but it really is not a laughing matter. You argue all day long about money or water or gold or silver or anything is worth something or not with the fiat currency and the fractional banking and all that. And I agree. But there seems to be a new development. Enough money can buy even that which is NOT for sale. Can anyone even fathom the implications of that ?
Now this article (the AFP, not the link, I can't do that) lived on my kitchen table and it gets read. Discussing the matter I questioned Pfizer's motives in even persuing this. I think this is a valid question. Look, you go anywhere in this country and try to build any entity that makes jobs for people, they will literally kiss your ass. Stake me on this, and I'll give back the money with a bit of vig. I mean it, the mayor of a city, no problem. You want a governor that takes a little more. My friend asserted that the actions by Pfizer were punitive in nature. At the very least that would be hard to argue against.
Well apparently Pfizer had the governor in their pocket, but something must have gone wrong. Originally John Rowland was all buddy buddy with Pfizer, what happened is anyone's guess, but he resigned as governor amidst a bunch of scandal about seven months before the final supreme court decision. Surely most are catching a whiff of rat by now.
I thought this post was done, but this brings up that, as usual. Somebody picks who to support and turn into a viable candidate set from which we can choose one. One puppet. On what do they base their decisions ? Well if I were a person of that level of influence I would make sure all my people had some skeletons in their closet. That is my wrench.
So maybe it could be put that Rowland pissed them off and then somone opened the closet door. Business as usual and we pay for all this shit. Welcome to the land of opportunity.
T
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