Thursday, May 17, 2007

Why Is Spitzer's "New" ESDC Allowing an Old Boondoggle?

Elliot Spitzer ran on reform. He promised change. To that end, he appointed a new ESDC chairman and promised that the ESDC would not become a tool for political patronage as it so obviously was under the charming (if you find sleeze charming) but corrupt "Charles" Gargano.

So why is the "new" ESDC supporting biggest boondoggle from the Pataki era - Ratner's Atlantic Yards? Foye and Spitzer have had numerous opportunities to put the breaks on step back and review this project (instead they have chosen to spend ESDC resources to DEFEND Ratner's project in court). Neither have indicated any interest in doing so. Why?

Do they believe this project is all above board? If so then they are far more incompetent than I had imagined. Unless they have been utterly lied to by Ratner's people (a likely prospect) they have to know about the issues of size, density and the enormous public outlays with no public benefit.

That leads us to speculation #2 - they know its a boondoggle but support it anyway for yet unknown reasons...if that's the case than we know Spizter's 'reform' speech was empty rhetoric and the "new" ESDC is business as usual for corporate welfare queens like Bruce Ratner.

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