Saturday, May 07, 2011

Crony Capitalism Corporate extortion is Getting WAAY out of control

San Franciso agreed to pay Twitter simply to get them to stay. Now Illinois pays Motorola $100 million...just to stay...this is ridiculous, should be illegal and has got to STOP.

Gov. Pat Quinn proferred more than $100 million in financial incentives to convince Motorola Mobility Holdings Inc. to keep its corporate headquarters in Libertyville, touting the deal as essential to preventing a move to a high-tech hub in California or Texas.