By: Diane Benjamin
Friends of government and preferred community investors always get a break. Normal doesn’t care that everybody else pays more so they can give breaks to people/groups/companies they approve of.
Private investment flees when free market competition doesn’t exist. Why invest when government works against you by providing freebies to competitors?
Many people claim capitalism doesn’t work. When government perverts it, they are correct. Giving government MORE control of the economy is what is destroying it. Crony capitalism doesn’t work!
Monday night was the latest example of Normal’s cronyism:
20 year lease for $10 @ year.
Metronet is building on public land, so they didn’t have to buy property. They won’t be paying property taxes because they are leasing.
The Town of Normal chose to interfere in the private market. (nothing new for them)
“Metronet has determined that this property will meet their needs.”