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n2doc

(47,953 posts)
Wed Jun 3, 2015, 04:22 PM Jun 2015

Buddies of Scott Walker blow $500k loan

BY CHARLES P. PIERCE

It's exactly that big.


A week or so ago, we noted that Scott Walker, the goggle-eyed homunculus hired by Koch Industries to manage their midwest subsidiary formerly known as the state of Wisconsin,had been fired from his own development commission which, like so many of the things Walker has touched in public life, had turned into a rat's nest of patronage, deceit, and petty corruption. That story just keeps on getting better. At issue now is a $500,000 loan that the Wisconsin Economic Development Corporation gave to a Milwaukee construction company with close ties to Walker's campaign and administration. This requires you to believe that the two aren't simply one political entity, but play along. Naturally, as with all things Wisconsin these days, we are dealing with the greasiest skids possible.

A State Journal investigation last month found that top Walker aides, including Department of Administration Secretary Mike Huebsch, pushed for the loan after meeting with the now-defunct company's owner, William Minahan, and high-powered lobbyist Eric Petersen about the project in 2011. Minahan had made a maximum $10,000 contribution to Walker's 2010 campaign and Petersen represents several Walker donors. Huebsch and Minahan had unsuccessfully pushed the agency to provide the company a total of $4.3 million, according to former WEDC CEO Paul Jadin, the newspaper reported. The $500,000 loan has not been repaid and WEDC sued the company last year after writing off the lost taxpayer funds.

Documents, of course, have gone missing. Financial reviews, of course, were not done. Scott Walker's nascent presidential campaign is about doing for the nation what he's done for Wisconsin. (Reliable reverse barometer Jen Rubin thinks he's lookin' right presidential these days.) Just sayin'.

http://www.esquire.com/news-politics/politics/news/a35448/scott-walker-wisconsin-economic-development-loan/
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Buddies of Scott Walker blow $500k loan (Original Post) n2doc Jun 2015 OP
Walker is a bad governor and this scandal will hurt him Gothmog Jun 2015 #1
Walker hasn't been a bad governor ... Scuba Jun 2015 #2
Bad? He's been just what his cronies ordered! He'll mow down ISIL like they were protestors HereSince1628 Jun 2015 #4
Kickin' Faux pas Jun 2015 #3

HereSince1628

(36,063 posts)
4. Bad? He's been just what his cronies ordered! He'll mow down ISIL like they were protestors
Wed Jun 3, 2015, 05:25 PM
Jun 2015

singing in the Rotunda.

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