Ed Rendell: Master of WAMs
Tuesday, January 3rd, 2006WAMs… Walking Around Money is one of the worst offenses to small government. It allows politicans to hand out huge chunks of taxpayer dollars to influential people in their districts so they get re-elected. No big surprise here, but PA Governor Fast Eddie is the kind of such moves, as this great (and depressing) article from the Tribune Review points out.
As Mr. DeCoursey reported, “One top Democratic businessman, and a Rendell donor, said, ‘Hey, if he has a choice of letting businesses pay taxes, keep them and invest them, or handing them out most of $600 million next year as he runs for re-election, he is going to spend that money on the “Governor WAM” program, not on little business tax cuts that everyone will forget as soon as he passes them.’”
Of course, any racket such as this needs an “enforcer,” a guy who sells paste as diamonds. And Rendell’s guy usually is Dennis Yablonsky, secretary of the state Department of Community and Economic Development.
So let me get this straight. Rendell vetoed business tax cuts that would’ve gone to EVERYONE to instead be able to hand out $600 million in taxpayer dollars to his buddy. Flagrant, yet, it will not be mentioned by the press.