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According to Beneficiaries, All Government Spending Is Worth the Investment

… and tax credits:   Government Initiative Multiplier: "job creation" RASCO 2.34x Transit Spending .6x Transportation spending .9x   Government … from the garbage-in, garbage-out problem. An infamous example would be the RASCO fiasco, which looked at an employment multiplier. The state awarded a refundable …

State Websites Give History a Rewrite

… now-infamous company named RASCO. The press release stated the … the deal when it found that RASCO CEO Richard A. Short was a … revised and has no mention of RASCO. Bridget Beckham, a spokeswoman … the tax credit program, said RASCO was removed to "avoid confusion." … CEO Greg Main's statement on RASCO. At the bottom of the Web site, …

Lawmaker Says 'Willful Neglect' Is the Rule at Embattled State Agency

… named Renewable and Sustainable Companies LLC (RASCO). The Flint Journal reported that at the same time … of the errors may not have been on the scale of RASCO, but said he was concerned that there were similar … credits and never encountered a situation like RASCO. But McMillin said the Auditor General report …

MEGA Careful?

… Sustainable Companies, Inc," or RASCO. The "Briefing Memo" on RASCO prepared by MEDC staffers shows … or even critical thinking: RASCO Application: "RASCO has developed a unique and … network." MEDC Briefing Memo: "RASCO has developed a unique and …

Lack of Transparency at MEDC, MEGA

… Berlin Wall around itself to prevent information from escaping," LaFaive told the newspapers. Recent problems with transparency at the MEDC include RASCO, Hangar42 and GlobalWatt.

MEGA Careful?

… Sustainable Companies, Inc," or RASCO. The "Briefing Memo" on RASCO prepared by MEDC staffers shows … or even critical thinking: RASCO Application: "RASCO has developed a unique and … network." MEDC Briefing Memo: "RASCO has developed a unique and …

State Corporate Welfare Winner Released from Prison

Convicted Embezzler Once Shared Stage with Gov. Granholm

… Short’s Renewable and Sustainable Companies, LLC (RASCO) was purportedly going to invest $18.5 million … state’s offender database. Even today a search for RASCO on Google leads to the address of a single-wide trailer where Short once lived. The RASCO deal underscores the difficulty government central …

Multiplier Analyses Often Abused

… someone in the first place. Yet they remain a common ploy, being used to justify all kinds of government programs from art subsidies to the embarassing RASCO development. Multiplier analyses should only be used to present to people who are voluntarily interested in donating to a preschool, but they should …

Thirty-One MEDC Salaries Top $100K

… tax credit and had it revoked once the office learned of his background. RASCO CEO Richard Short was on parole after being convicted and serving two years … never received any money from the state. Main offered to resign after the RASCO incident, but Gov. Jennifer Granholm would not accept his resignation. …

Thirty-One MEDC Salaries Top $100K

… tax credit and had it revoked once the office learned of his background. RASCO CEO Richard Short was on parole after being convicted and serving two years … never received any money from the state. Main offered to resign after the RASCO incident, but Gov. Jennifer Granholm would not accept his resignation. …