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To: Paperdoll

Don’t forget about the $250,000,000 of Texan’s Tax Dollars that Rick Perry is giving to Bernie Ecclestone for a Formula One race track outside of Austin.

More Corporate Welfare from Perry to Foreign Interests.


12 posted on 07/02/2011 12:03:28 PM PDT by trumandogz
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To: trumandogz
"Two Austin-area educators and a local accountant filed a lawsuit Wednesday against state comptroller Susan Combs seeking to prevent the state from paying a $25 million public subsidy to local organizers of the Formula One race planned for next June.

The lawsuit, filed in state District Court in Travis County, claims Combs promised the money to F1 promoters illegally, and asks for any payment from the state to them to be halted.

A spokesman for Combs defended the agency’s involvement in bringing Formula One to the state. “All applicable state rules and regulations were followed,” Allen Spelce said in an e-mail. “By bringing F1 to Austin we create jobs and spur economic development. The Comptroller’s office has followed the law as it is laid out in statute and administrative rules.” -- Source

13 posted on 07/02/2011 12:10:55 PM PDT by Cincinatus' Wife
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To: trumandogz

Dude it isn’t a race track nor is one being built. It is for a F1 race to be held in Austin. What do you think the Major Events Trust Fund is used for?


22 posted on 07/02/2011 12:28:48 PM PDT by deport
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