Categories
Corruption

Billionaire Launches Latest Salvo in Campaign of Civic Extortion

Billionaire David Tepper threatened Charlotte last week in his latest play to extort hundreds of millions of public dollars from the city. The setting was a seemingly eleemosynary one: Tepper, who owns the Carolina Panthers, and his wife, Nicole, were in Rock Hill to announce a $500,000 donation to Miracle Park, a fifteen-acre playground for […]

Categories
Corruption

Economic Incentives and Democracy

Once again, state and local officials have thrown millions of dollars in “economic incentives” at a for-profit business, offering us a chance to examine the system of legalized corporate blackmail and bribery that mars our civic life. North Carolina Governor Roy Cooper and Charlotte Mayor Vi Lyles announced last month that in exchange for expansion […]