Good morning. A real winter skyline looking north toward the university.
You might think that the rest of the country is looking askance at all the bristling over Google's incentives package, but as Ed Cone points out in his Sunday News & Record column the way the company twisted arms among legislators runs a little counter to the whole "don't be evil" thing. A good read with lots of links and comments at Ed's site. All in all, it's not been a good week for the media giant.
As mentioned, Senate Pro Tem Marc Basnight and roomie and finance chair Sen. David Hoyle say they'll take a hard look at incentives. N&O and Char-O on this story. From the Char-O story about the non-profit the company and Caldwell County set up:
LENOIR - Eugene and Violet Anderson were home last spring when a van pulled up and the mayor, a county commissioner and several others piled out.
More startling than their unannounced Sunday visit was the mission: They wanted the Andersons' property for a secret economic development project. And they delivered an unsettling message.
Interesting passage on the new focus on incentives from today's Insider:
Basnight said he wants the committee to examine successes and failures in the state's economic recruiting, the kinds of incentives offered and whether changes should be made.
A lot of people would like to see an objective analysis of the cost and benefits. In addition to the tax and infrastructure package, the deal also included no sales tax on electricity and no sales tax on goods bought in NC. Nice.
Speaking of electricity, Duke is looking for help from the S.C. legislature to get customers to pay up front for new power plants. Oh, and here's a story that says Duke's getting ready to sell half of Cliffside. Wonder if the honorables will remember to deduct the lost sales tax on the juice for the server farm when they're looking at that incentive package.
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