A good friend and customer sent this e-mail to me regarding my comments on tax abatement I put on this blog on November 23rd.
Hi Bill,
Here in Massachusetts, we had a company, Evergreen Solar, receive a $55,000,000.00 tax abatement. Just a few months ago, guess what, Evergreen Solar filed for bankruptcy and 800 employees lost their jobs!! Why can't our politicians see the writing on the wall as well as the ordinary citizen can? Or don't they care? Regards, Gary
Thanks Gary..... They only care about getting re-elected. Our founders had it figured with congress meeting every other year. They allowed that they'd be home running for office on the off year. Now they supposedly "work" every year. With them all running for office and the president jetting around on his little 747, no wonder nothing gets done.
Besides the solar panel malfeasance, when tax subsidies expired 14,000 wind turbines around the country were abandoned. If an honest history is ever written about this, it surely won't be kind to corporate cronyism that preyed on public ignorance to exploit and loot the taxpayer's treasure. Nobody's watching the cash register!
Bill
PS..... We still talk about the wonderful luncheon on your boat and the trip across Cape Cod Bay the last time we were up your way. Thanks again for that beautiful day, for this timely note and for being such a good friend.
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