Henry Vilas wrote:Guess who gets the majority of WEDC (taxpayer) money.The report from One Wisconsin Now maintains that nearly 60 percent of some $975 million in assistance distributed by WEDC went to firms that had contributed to Walker or the Republican Governor’s Association.
Among those mentioned in the report are developers of Madison’s new Edgewater Hotel, which benefited from nearly $56 million in low-interest federal loans administered by WEDC.
“Cronyism, corruption and incompetence have been the hallmarks of Gov. Walker’s administration and nowhere is that more evident than with his signature economic development initiative,” said One Wisconsin Now executive director Scot Ross in a statement released Thursday with the report.
One Wisconsin Now reviewed the most recent campaign finance records and found that 192 donors were associated with companies that got WEDC awards. The report says Walker received more than $1 million in direct campaign funds and another $1 million via the RGA from WEDC aid recipients.