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View Full Version : Democrats call for federal investigation into questionable WEDC loan deal



Captain Obvious
05-20-2015, 02:52 PM
Here, I'll beat the forum hacks to this one. If you can't outsmart them, throw mud at them.

Liberal strategy #2

Wake me up if this turns into anything, thanks.

http://host.madison.com/news/local/govt-and-politics/democrats-call-for-federal-investigation-into-questionable-wedc-loan-deal/article_1a3db7d4-e177-5a3f-93a3-342d2d512064.html (http://host.madison.com/news/local/govt-and-politics/democrats-call-for-federal-investigation-into-questionable-wedc-loan-deal/article_1a3db7d4-e177-5a3f-93a3-342d2d512064.html)


Democratic lawmakers called Monday for a federal criminal investigation into a questionable loan deal (http://host.madison.com/wsj/news/local/govt-and-politics/top-scott-walker-aides-pushed-for-questionable-wedc-loan/article_2a29333c-c3dd-50ac-a4b6-c333506530e0.html) that Gov. Scott Walker’s top aides initially pushed for a top Walker donor.

Assembly Minority Leader Peter Barca, D-Kenosha, said at a news conference at the Capitol that a State Journal investigation of a $500,000 state economic development loan to Building Committee Inc. (BCI) that has never been repaid shows evidence of “possible corruption.” The State Journal reported its findings in a two-part series that ran Sunday and Monday. “$500,000 in taxpayer funds were wasted by Gov. Walker and his administration on a loan that never should have been granted to a major campaign contributor,” said Barca, a board member of Wisconsin Economic Development Corp.

“As a taxpayer and someone who cares deeply about economic development in this state, as a legislator and a board member, I am outraged.”

Blackrook
05-20-2015, 04:21 PM
I am shocked...SHOCKED...that Democrats are throwing mud at Republican candidate for President Scott Walker.

del
05-20-2015, 04:27 PM
iirc, the guy who got the 500k loan donated 10k to walker's campaign

i'm sure there's no connection



Paul Jadin, the former head of WEDC, said Minahan and then-Administration Secretary Mike Huebsch pushed for a $4.3 million loan, but the agency couldn't justify more than $500,000 — which Jadin said he considered "fairly risky."
Minahan had given Walker's 2010 gubernatorial campaign a last-minute $10,000 donation on election day — the maximum individual contribution.

http://www.jsonline.com/news/statepolitics/top-scott-walker-aides-pressed-for-questionable-500000-business-loan-report-says-b99501914z1-304044891.html