Some truth about Comcast - WikiLeaks style

Fri Dec 24 09:46:26 UTC 2010

  On 24/12/10 1:22 AM, William Allen Simpson wrote:
>
> In an unrelated Michigan case, where a large business signed a written
> contract (to expand) in exchange for tax abatement (but didn't expand),
> the Michigan Supreme Court ruled that the contract was mere "fluff and
> hyperbole" required to obtain tax breaks and government favors.

Moral of the story, municipalities need to write the contract so that 
they get their tax abatement only AFTER they have completed the 
agreed-upon expansion.  No tax abatement now, promised expansion later 
"fluff and hyperbole".

But even better, they need to stop writing monopoly contracts.  It was a 
good idea 100/40 years ago, to get the first company to put in the first 
telephone/cable network.  It is no longer working to serve citizen needs 
to keep giving monopoly contracts.

jc