By: Diane Benjamin
Monday night the City Council approved:
Consideration of adopting a Resolution endorsing BN Advantage:
A collaborative economic development strategy for the Bloomington-Normal-McLean County Region
The Vote was 8-1, Alderman Lower was the NO vote.
BN Advantage is composed of:
- EDC – Economic Development Council
- McLean County Chamber of Commerce
- Bloomington-Normal Convention and Visitors Bureau
- McLean Country Regional Planning Commission
- Bloomington-Normal Airport Authority
None of these are run by elected officials. The Chamber of Commerce endorses big spending local liberals for elections. The rest suck up tax dollars.
In addition, the City of Bloomington has an Economic Development Coordinator and a Community Development Director, of course paid for by taxpayers.
Also receiving your tax dollars are the Downtown Bloomington Association, Illinois Small Business Development Center at ISU, and the Center for Emerging Entrepreneurs at ISU.
Here’s the problem: Where is free market capitalism?
Below is the stated purpose the City has for Economic Development: http://www.cityblm.org/Modules/ShowDocument.aspx?documentid=9309 Page 204
Economic Development Incentive Guideline
The purpose of this policy is to assist in attracting and retaining high quality development that is compatible with the long-range goals expressed in the Strategic Plan and land uses outlined in the Comprehensive Land Use Plan. Furthermore, it serves to stimulate development within certain priority areas as outlined in the Target Area Map, wherein enhanced incentive tools and levels may be deemed necessary. It is important to note that a guideline is intended to provide a recommended practice that allows some discretion or leeway in its interpretation, implementation or use, depending on the circumstances surrounding the particular project being evaluated
In other words: Government approved economic development. Government is going to attempt to attract and retain business they approve of, not business that don’t fit their model. Remember when Tari stated during Council he doesn’t want a Jiffy-Lube downtown? https://blnnews.com/2015/08/25/it-about-control/
If government (Tari Renner) states over and over they have FREE MONEY for developers – anybody surprised developers show up?
Who’s money do you think they will use to accomplish their goals? Think downtown hotel. Tari wants it, he can get these groups to give it a glowing endorsement, and then use your money to make it happen. Funny how low wage jobs at a new hotel are such a high priority.
There’s other names for this: crony capitalism and socialism
Both FAIL every time they are tried. BN Advantage is people who make a living sucking tax dollars and expecting to be treated as your saviors. Hope and Change brought home to roost!
Instead of strengthening the local economy, Bloomington now has crushed private enterprise. Investing locally means tolerating tons of red tape so you are “approved” by these visionaries. Anybody willing to endure the process is only after your tax dollars.
Capitalism began in this country. Free enterprise allowed us to flourish and become rich. According to the Heritage Foundation, the US now ranks 12th on the Index of Economic Freedom (http://www.heritage.org/index/ranking
) BN Advantage creates less Economic Freedom.
Watch Karen Schmidt’s glowing endorsement of BN Advantage starting at 36:00. Other Council members follow. Kevin Lower made his case before Schmidt. Alderman Fruin wants to look at the results in 6, 12, or 18 months. Don’t worry Jim, I will be.