World View

Sustainable Econ Dev: $70 Mil for 2 Corps or $1 Mil Each for 70 Local Businesses? (video)

  In the name of economic development, Rio Nuevo and Pima County are poised to dole out $70 million in corporate welfare to two big corporations– $50 million to Caterpillar and $20 million to World View. Ironically, one day before the Rio Nuevo Board announced the┬ámulti-million-dollar Caterpillar package for Tucson, I posted this article on…

Arizona's debt to Wall Street

SB1301: State-Owned Bank Task Force Bill Passes Committee

For the second year in a row, Southern Arizona Senator Andrea Dalessandro’s task force bill to study creation of a state-owned passed the Arizona Senate’s Financial Institutions Committee. This year’s bipartisan vote was 6-1 with only Senator Gail Griffin, also from Southern Arizona, voting no. In the highly polarized Legislature where many bills sponsored by…

Pima County Bond Issue: ‘Web of Debt’ or Investment for the Future? (video)

In a month, Pima County voters will be asked to vote on a $816 million, seven-part bond issue that includes construction of multiple buildings and roads to benefit existing corporations or attract new businesses to Southern Arizona. Sprinkled amongst the corporate-giveaways are improvements or construction of libraries, community centers, parks, neighborhoods, and other perks that…