Wednesday, October 25, 2017

From the start, WEDC was never about regulation and record-keeping, according to Scott Walker himself



Source:  Governor Scott Walker Chairs the First Meeting of the Wisconsin Economic Development Corporation Board,   (Scott Walker Office of the Governor)

The unsurprising outcome


Foxconn contract contained 'nuclear bomb' that left taxpayers exposed, WEDC board member says.  (Wisconsin State Journal, 10/25/2017)
Gov. Scott Walker and the Republican-controlled Legislature created the agency in July 2011 to drive job creation in the state. Between then and September 2016, there were 192 awards that had been awarded and run their course, including 24 with expected job creation or retention results, the audit found. 
The audit found the agency couldn’t be certain about the number of jobs created or retained as a result of those awards. It also found the agency can’t be certain about the accuracy of jobs information in its online database because it didn’t verify the information submitted by tax credit recipients, and didn’t contractually require grant and loan recipients to submit detailed information on job retention and creation.  [emphasis added]

Other WEDC posts:

2017
UPDATE. Kestrel Aircraft: Is this a variation of Scott Walker's Foxconn strategy? (10/22/2017)
UPDATE. In light of WEDC's abysmal track record in getting it right, it's best they take no action.  (9/29/2017)
Dynamic Recycling CEO Miles Harter donates $3,075 to GOP candidates, company will get up to $535,000 in state income tax credits.  (8/14/2017)
 All told, the Kerns have donated nearly $400,000 to Republican and conservative candidates.  (8/14/2017)
WEDC at the ready to verify Foxconn job numbers.  (8/12/2017)
VF Corp. in Wisconsin: That was then, this is now.  (4/4/2017)

2016
Scott Walker: Wisconsin is open for business 'for the people who truly need it'.  (8/31/2016)
Scott Walker and WEDC: The Hillises giveth, and the Hillises taketh.  (8/29/2016)
UPDATE: Apparently, WEDC CEO Mark Hogan is willing to do Scott Walker's bidding til heat is on.  (7/14/2016)
Does this sound like openness and transparency in government? (7/14/2016)
The best and the brightest: Scott Walker-appointed WEDC CEO Mark Hogan.  (5/9/2016)
Welcome to North Mendota Energy and Technology Park (Brought to you by WEDC).  (5/3/2016)
Samantha Kerkman's "good night for Wisconsin" doesn't see the light of day.  (2/17/2016)
Dear Scott Walker, WEDC is the agency that received the scathing, damning, critical audit.  (1/14/2016)

2015
Robin Vos sez, "They don't want rebranding because they think WEDC's brand is OK."  (12/30/2015)
WEDC board members say, "Gee, maybe we should start vetting requests for financial assistance." (12/14/2015)
Scott Walker's growing list of things worth considering: U.S.-Canada border wall, wreaking havoc in Washington, tougher penalties for WEDC fraud   (9/8/2015)
Todd Jensen, former WEDC underwriter, provides the recipe for the current agency disaster.  (8/9/2015)
We know Scott Walker didn't graduate from college, but apparently he hasn't been paying attention to anyone but himself since kindergarten.  (6/25/2015)
4:24 p.m. Friday WEDC news dump.  (6/20/2015)
The stink of WEDC follows Brenda Hicks-Sorensen to Nebraska.  (6/16/2015)
Scott Walker tries to run, but there's no place to hide.  (5/26/2015)
No matter how you slice it, Alberta, it's still stinky cheese.  (5/23/2015)
Joint Finance Republicans to Scott Walker:  "You're Fired!".  (5/21/2015)
Chairman of the Board of the Wisconsin Economic Development Corporation -- Nice work if you can get it.  (5/20/2015)
It's story time.  (5/18/2015)
From the pay-to-play archives: The William Minihan-Scott Walker connection.  (5/17/2015)
What's wrong with this Scott Walker headline?  (5/16/2015)
Chairman of the Board Scott Walker's BIG, BOLD idea.  (5/8/2015)
Based on WEDC's previous track record, this is what came to mind when I saw first saw this headline.  (4/2/2015)
Apparently, being the CFO of WEDC is not much of a resume-builder.  (3/13/2015)

2014
WEDC's revolving door.  (9/12/2014)
Here's how the Wisconsin Economic Development Corporation is "Reinventing Economic Development".  (8/24/2014)
Company looks to expand its business geographic focus?  (8/14/2014)
Scott Walker and the horrible, terrible, no good, very transparent day.  (7/28/2014)
Kestrel Aircraft: All these incentives, but no construction, no jobs.  (7/13/2014)
The Eaton Corporation/WEDC timeline of shame.  (7/10/2014)

2013
Wisconsin featured in report on privatized state economic development agencies.  (10/25/2013)
Wisconsin Economic Development Corporation pledge: Following the money.  (7/23/2013)
Incompetence rewarded.  (5/9/2013)
And while we're at it, let's take a look at WEDC 's core values. (5/9/2013)
WEDC Public Information Officer Resigns After 1 Month on the Job.  (5/9/2013)
Plenty of time for messaging but none for fixing what ails WEDC.  (5/9/2013)
Previous WEDC audits?  What previous audits?  (5/8/2013)
Are you seeing a trend yet?  (5/8/2013)
Echoes.  (5/7/2013)
Get me rewrite.  (5/4/2013)
Legislative Audit Bureau Report on Wisconsin Economic Development Corporation: The "Cliff Notes" Version.  (5/3/2013
"Tales of woe never end at WEDC."  (4/25/2013)

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