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Then the laws have to written differently if you are going to start using
tax money like this.  Right now there is no provision.  If you do open the
gate for this kind of thing, sheesh.  Every political crony that has donated
to a campaign or done some favor and thinks he or she deserves some
consideration would be lining up with their hand out.

Right now it is pretty specific on what subsidies can be used for.  Bailing
out a company that is going under because the owner is a great guy is not
one of them.

Renee Jenson
Como

----- Original Message ----- 
From: "Tim Erickson" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Tuesday, January 27, 2004 10:17 AM
Subject: [StPaul] Re: City Loan for Ruminator Books


> St. Paul E-Democracy Links
> http://www.e-democracy.org/stpaul/links.html
> _________________________________________
>
>
> >I'm afraid I hafta agree with Mitch.  Unless every business person in St.
> >Paul could get the same kind of deal from the City Council this thing
smells
> >bad.
>
> This might be a bad idea and might even smell bad. However, it should
> be a bad idea or smell bad on its own merits.
>
> I'm nervous about suggesting that the city can't get involved with
> one business, unless it gets involved with all of them. In fact,
> there may be times when this kind of intervention is necessary and
> appropriate. But, that doesn't mean that its always appropriate.
>
> I can envision cases in which a private business provides a service
> that the city considers important to the quality of life in the city
> (such an argument COULD be made about Ruminator books) - in such a
> case, the city MIGHT want to "bail out" the company - for the long
> term good of a neighborhood or the entire city. BUT, in that case, we
> must be sure that something has been done to FIX the original problem
> and we must enter the deal with much fiscal scrutiny. In this case, a
> change in ownership or management MIGHT be a reasonable expectation.
>
> In my opinion, its important to look at the details of this specific
> case and not make blanket judgements. I think that both Tom Goldstein
> and Mitch Berg have made those kinds of arguments (drawing different
> conclusions) - and I learned something from them.
>
> I'd like to thank them for their contributions to the discussion.
>
> Best wishes,
>
> Tim Erickson
> Hamline Midway
> [EMAIL PROTECTED]
>
>
> -- 
> =================================================
> Tim Erickson              http://www.politalk.com
> St. Paul, MN - USA                   651-643-0722
> [EMAIL PROTECTED]                   ICQ: 105978430
> =================================================
>
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