Monday, December 23, 2019

Developing Problems

In their coverage of an on-going pissing contest between the City of South Fulton and Fulton County, or more specifically their respective Development Authorities, the AJC disclosed the real problem. In handing out these tax give-aways these Authorities issue bonds to fund the scam and they skim off the top. In South Fulton this pilfering is estimated to be in the range of $7 million. This is not chump change.

And who are these people and where do they come from? You know, these money launderers and power brokers? Well, they're buddies of the local politicians who appoint them. Fine, fine...they may be family members as well, but usually these folk are given no-show jobs with the developers.

This is what happens when you spawn these cities. It may well be the power/money motive behind creating them in the first place. And make no mistake, when the interests of a Development Authority or their politician friends are not aligned with those of the community, the community will lose. Every time.