Words fail me

Lipris over at The Albany Project, quoting the barking rightwing wackjobs at the New York Sun, delivers this gem:

This is too rich. For quite some time now, many opponents of the Atlantic Yards Ratnerville project in Brooklyn, including Assemblyman James Brennan, have been trying to get a hold of the business plan one would assume the developers had submitted to the Empire State Development Corporation before the the ESDC would agree to dole out hundreds of millions in public money and other goodies to the controversial development. Brennan eventually sued ESDC last month to get his hands on the plan. There was one problem, however. The developers never submitted one and the ESDC therefore has no plan to produce. Really.

Two really simple and basic points:

One, Since FCR wants your money to build its monstrosity, the least, the absolute least they can do is tell you how they intend to spend it.

And two, this is the kind of crap that happens when you don't have a real legislature. Neither the State Assembly nor the State Senate have ever held hearings on a $4 billion development subsidized with public money and, as we're now finding out, for which the developer

Has.

Not.

Submitted.

A business plan.

If anyone can imagine a better example of a complete failure of oversight, please, I'd like to hear it.


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Dan Jacoby's picture

Could be worse

I'm just thankful the ESDC can't send troops to Iraq.

Yet.


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mole333's picture

Remember...

Back in January 2006 I was pointing out the extreme corruption surrounding this deal, with Pataki and Bloomberg right in the thick of it. Of course some have been saying far longer. Pataki dictated, the legislature abdicated and Ratner is set to profit off our tax money. ACORN and unions have been promised some scraps so they support Ratner, giving him some cover. But how does a group like ACORN face up to this kind of corruption?


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