By Walt Hickey Not How Bids Are Supposed To Work In February, the Kansas legislature approved $1.2 billion in a corporate subsidy for a corporation whose name has not been disclosed, with many members of the legislature signing NDAs over the identity of the company. Well, funny thing, on Monday the governor of Oklahoma announced that the state was going to offer $700 million in incentives to, you guessed it, a corporation whose name has not been disclosed, and he too had signed a non-disclosure agreement. The scuttlebutt is that both states are falling over themselves to compete for the same exact facility, which is reportedly a Panasonic electric vehicle battery plant, and the states are willing to race to the bottom and dive into public money in order to get the facility on this or that side of the border.
Hey, I'm a McGill graduate! Good on my alma mater!