Wisconsin: 10 Days Of Early Voting, 10 Reasons To Vote Against Scott Walker (#9)
http://wisdems.org/news/press/view/2014-10-10-days-of-early-voting-10-reasons-to-vote-against-s-2
Scott Walkers Economic Disaster Corporation was supposed to be the states flagship jobs agency, but as Wisconsin ranks dead last 10th out of 10 states in the Midwest on job creation since 2011, WEDC is better known for creating scandals rather than jobs.
A series of scathing audits in 2012 show Walkers Economic Disaster Corporation lost track of $56 million worth of taxpayer funded loans. [1] Audits also found that the agency lacked basic internal accounting controls and estimated that it would not collect about $19 million in loans. [2]
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It only took 24 hours for the second CEO at WEDC to abandon the sinking ship. Walker gave the job to a political ally who previously served on the board at Wisconsin Manufacturers and Commerce and who donated to Walkers campaigns in 2010 and 2012. [3]
John Gillespie, hired to serve as WEDCs Public Information Officer as part of a plan to improve the scandal-plagued agencys damaged reputation, owes $36,047 in back taxes to the State of Wisconsin and another $7,770 for improperly received unemployment insurance compensation benefits. [4]
In May of last year, an audit from the non-partisan Legislative Audit Bureau found Walkers WEDC routinely violated state law. From July 2011 to December 2012, Walkers Economic Disaster Corporation never kept track of job creation efforts for a group of companies who received award money, which prevented the agency from informing the state legislature with accurate information on their efforts to create jobs. Under state law, WEDC is required to track award money and present accurate information to legislators on job creation efforts. [5]