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Friday, May 06, 2011

Running deficits to give perks to Corporations is OK, but to provide heathcare to residents is not OK

Motorola Mobility gets $100M from Illinois to stay - chicagotribune.com: "Gov. Pat Quinn proferred more than $100 million in financial incentives to convince Motorola Mobility Holdings Inc. to keep its corporate headquarters in Libertyville, touting the deal as essential to preventing a move to a high-tech hub in California or Texas.

To woo the longtime maker of mobile devices and cable TV set-top boxes, state lawmakers sweetened the terms of its tax-credit program, just as it has done in the past for automakers and truck- and engine-manufacturers."

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