Wisconsin legislators to Scott Walker: YOU’RE FIRED FROM YOUR OWN CORPORATE WELFARE AGENCY!!!

It’s official…the members of the Republican-controlled Wisconsin State Legislature’s Republican-controlled Joint Finance Committee (JFC) have effectively fired Scott Walker from the corporate welfare agency he helped create, the Wisconsin Economic Development Corporation (WEDC):

The state’s Republican-led budget committee Thursday retained legislative oversight of Gov. Scott Walker’s troubled job-creation agency, removed the governor from its board and pledged further changes later this fall in the wake of a recent critical audit and a (Wisconsin) State Journal investigation.

The Legislature’s powerful Joint Finance Committee voted along party lines for the changes to the Wisconsin Economic Development Corp., but only after rejecting a series of Democratic ideas to reform the agency and more than an hour of debate during which even Republicans conceded that the agency needs fixing.

“We know that it’s time to reform this,” said Rep. Dean Knudson, R-Hudson. “We can’t do it in the middle of the budget.”

Knudson even made the sobering admission that he didn’t believe in the mission of the agency – to leverage state tax dollars to help create jobs.

Walker has been the chair of the WEDC’s board of directors since it began operations in 2011. It’s not clear who would replace Walker on the WEDC board, although it would all but certainly be another Republican.

For those of you who haven’t been following the WEDC debacle in Wisconsin, I’ll provide a quick refresher. Since its creation in 2011, the WEDC has, among other things, mismanaged money, violated laws, has had officials spend taxpayer money on items like college football tickets and alcoholic beverages, handed out tax breaks to companies that have shipped American jobs to foreign countries, and has given loans to companies that haven’t paid back a single penny of the money that was loaned to them. In fact, State Assembly Minority Leader Peter Barca (D-Kenosha) and State Senator Julie Lassa (D-Stevens Point) have both called for a federal criminal investigation into the WEDC’s activities. For U.S. Attorney General Loretta Lynch to not launch an investigation would mean that Lynch and the Obama Administration are complicit in a cover-up of at least possible violations of federal law at the WEDC, so Lynch better launch an investigation, preferably right now.

For the JFC to fire Walker from his own corporate welfare agency is an obvious example of damage control by the Republicans in the Wisconsin State Legislature. Preferably, I’d like to see these state-level corporate welfare agencies replaced by North Dakota-style state economic development banks, but Republicans and corporate Democrats are never going to support anything like that.

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