Quoted Text

All expenses paid
GlobalFoundries sent the bills for a first-class chip plant --- and state officials supplied cash
By LARRY RULISON and SARAH HINMAN RYAN Staff Writers
Published 02:15 a.m., Sunday, October 9, 2011

MALTA -- Corporate apartments with luxury amenities. Flat-screen TVs. Supermarket gift cards. T-shirts and catered meals to celebrate special occasions. Lunch meetings for business groups. Bottled water and coffee.

Those are some of the expenses that New York taxpayers bankrolled for GlobalFoundries as part of a $1.4 billion subsidy promised the company five years ago to build a computer chip factory in Saratoga County -- including $665 million in cash.

Although most of the taxpayer dollars have gone for tangible expenses -- construction materials, engineering services, security and labor costs -- a Times Union investigation has found tens of thousands of dollars in expenses not normally associated with a publicly funded project.......................>>>>.............>>>>..............Read more: http://www.timesunion.com/local/article/All-expenses-paid-2209878.php#ixzz1aHy4bo00

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Republicans and NNTPers have NO problem with   $1.4 billion of state grants going to build a factory in Malta for a wealthy nation ------ but they scream bloody murder if we suggest that the Town of Rotterdam apply for LESS THAN  1 % of that to build a new town park and improve other infrastructure in our town.   That is pathetic.