Rendell introduces yet another form of Corporate Welfare in Pennsylvania

January 14, 2006 by Matt Heckman.

On one of his latest press releases, Governor “Fast Eddie” Rendell announced the creation of a new statewide minority, women owned, and disadvantaged business development post. This is going down the same path as New Jersey’s WBE program where they pay women, and minorities to open business, and continue to pay them weather they turn a profit, or crash. The only label I can place on what Fast Eddie is proposing is Oxy Moron.

This announcement will never do anything to solve business development in Pennsylvania, especially in Berks County. First of all the minorities that Rendell is targeting are mainly people on welfare that have no desire to work. Second this is nothing more, but mini goggle works type projects, but all over the state.

Since I brought up goggle works, allow me to explain in more detail. One example is that you got guys like Al Boscov, who is quite big in the local business community spending our tax dollars on his ventures, and hardly ever spending his own money. Now as all of you know, this is a prime example of why smaller business can never compete with an Al Boscov, because, our taxpayer dollars ensure Al Boscov unlimited financial resources to stomp on the small business owner, until he, or she runs out of business.

This idea of Rendell’s simply put is that, he will give the little guy money to start a business to compete with an Al Boscov, or other big business, while Fast Eddie will continue to give money to Al Boscov to ultimately stomp the small business owner yet again. In the process Rendell looks good in the eyes of the little guy making them believe that he did all he could to help them go after big business, when in reality screwing them over.

Bottom line is that we will never be competitive economically with ideas like this. Pure Capitalism is the key to this problem. It’s called Capitalism for a reason because, when business big, or small fall down, or somebody has a great idea to capitalize on those opportunities. Though I don’t always agree with him Stefan Kosikowski wrote a good piece a while back about the perversion of Capitalism. A prime example of this is government officials giving money to their friends to ensure they never fall, and prevent other people with better ideas capitalizing on their failure, and compete hence the term Capitalism. We will continue to expose these lame brain attempts to insult us.

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