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Jeb Bush ScandalI read this on the internet and I have only included the initial paragrahs of this partial document. Go to www.progress.org/2003/corpw33.htm to read more. Shameful Scandal -- Will Jeb Bush Resign? Bribery Scandal Hits Jeb Bush But Nobody Cares Huge Bribe Offer Leaked to Public Bribery is illegal, or at least it should be. For a private company to give money to a public official would be scandalous. But when a public official suggests giving huge stacks of taxpayer money to a private company, the corruption scandal gets little publicity. Here are portions of a news article that originally appeared in the Orlando Sentinel. $500 MILLION CORPORATE WELFARE PLAN TO ATTRACT BIOTECH FACILITY SPURS DEBATE; GOV. BUSH'S PROPOSED GIVEAWAY PACKAGE original by Jerry W. Jackson and Barry Flynn, Sentinel Staff Writers Jeb Bush's bold plan to lure the prestigious Scripps Research Institute with more than $500 million in state and local money promises to be one of the nation's most expensive government incentives ever. Bush characterizes the deal as a landmark opportunity to diversify beyond tourism. Legislators, who meet Monday in a special session to consider the proposal, have a chance, he said, to "endorse a grand new vision for our economy." No one in Florida is likely to object to the prospect of bringing good jobs to the state. The key question is value: How much will the jobs cost, and are they worth the diversion of half a billion dollars from other potential uses? Scripps says that within seven years of its start in South Florida, the nonprofit biomedical leader would employ 545 people in Florida with an average salary of $58,000 a year. While the details are still unfolding, economic-development specialists from throughout the country are stunned by the basic arithmetic: The state's $310 million paired with up to $200 million that Palm Beach County has pledged, the package amounts to a staggering $935,780 per job. The Progress Report asks you -- can you think of any better use for $935,780 of your tax dollars, than the transfer of one job from elsewhere to your neighborhood? The huge bribe offered to Scripps could pay the salary of all the employees for more than 16 years. "That's very, very pricey," said Greg LeRoy, executive director of Good Jobs First, a nonprofit research group in Washington, D.C., that studies economic-development practices. Alabama's famous corporate welfare handout to Mercedes-Benz in 1993 cost $168,000 per job. Other states that paricipate in government-sponsored bribery have shelled out far less for significant companies, particularly when measured on a job-creation basis. Go to www.progress.org/2003/corpw33.htm to read more........
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