Saturday, November 02, 2013

Local

Bomb threat at Vandalia business.

Moraine is stealing $750,000 from taxpayers and giving it to some big business plutocrats in more obscene cronyism.
"The project, codenamed “Project Southbound”, will require funding by ED/GE, the city of Moraine and JobsOhio, the state’s private development arm, Moraine’s application said.
The work would involve advanced materials and manufacturing, as well as logistics and distribution. Jobs to be created would yield a $25 million annual payroll at an average annual salary of $32,000 to $35,000, the application said."
That's a lot of tax money for low-paying jobs.
"Moraine put the expected income tax boost from the company’s presence at the plant at $450,000 to $500,000 a year."
It's always about the loot.

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