Friday, February 16, 2007

Will Public Funds Be Used to Finance Private Industry or to Finance a Publicly Owned Enterprise?

Between the federal and state governments and the Iron Range Resources Board tax-payers will be putting up over ONE BILLION DOLLARS for the construction of a new coal gassification power plant near Taconite, Minnesota that will create less than 200 full time jobs. Even after tax-payers put up this money, they will own absolutely nothing.

Something to think about:

The same politicians supporting this power plant that no one wants have refused to invest one single penny in keeping the Ford Twin Cities Assembly Plant operating under public ownership. At least two thousand jobs are at stake.

If people can't see anything wrong with priorities here there is something very wrong.

Why would a perfectly good manufacturing plant which operates on clean "green" hydro be demolished while tax-payers foot the bill to the tune of over ONE BILLION DOLLARS for another coal fueled power plant that will create more contamination for our environment then all existing power plants in Minnesota combined while hiding this truth behind slickly produced corporate advertising claiming this plant will burn coal cleaner?

Get out your calculators. Would it be cheaper for tax-payers to invest in retaining the jobs for two thousand workers; or, to create 200 new jobs? Discuss this around the kitchen table.