Ohio gives corporations more control of government

Ohio corporate stooge Gov. John Kasich got his way Friday when he signed a bill that will give millions of "economic development" dollars to his political appointees. Those tax dollars are now destined for Kasich's friends to be corporate giveaways.

Plunderbund has the story:

Since it was unveiled, SB314 has been referred to on Capitol Square as “JobsOhio II.” The bill’s other 144 pages finalize the privatization of the state’s economic development activities, a controversial move that puts billions of taxpayer dollars into the hands of unelected, unaccountable bureaucrats not subject to Ohio’s ethics, public records or public meetings laws.

What does Senate Bill 314 actually do?

Finalizes the privatization of the state’s economic development activities at JobsOhio

Eliminates oversight of loans and grants issued by the state at the urging of JobsOhio

Gives the Chief Investment Officer of JobsOhio a vote to approve tax breaks that he, through JobsOhio, proposed

Eliminates the Minority Business Enterprise Loan program

Pokes holes in the state’s revolving door laws (that prevent public officials from lobbying their old agencies for a year after leaving) for the benefit of two former Kasich cabinet directors that moved over to JobsOhio

Source: PlunderBund (http://s.tt/1h40W)

Read the whole thing here.