High: 86°F ~ Low: 61°F
Wednesday, June 29, 2016
Does GM's proposal to the State of Tennessee walk a legal tightrope?Posted Friday, June 12, 2009, at 8:44 AM
If what I gleaned from the news and Gov. Bredesen's statement about what it would take to have them make a decision in favor of producing their new product in Spring Hill is correct, I am curious how much different that is from the illegal act of extortion or commercial bribery? I am all in favor of Spring Hill getting the contract, but hearing their demand for payment in advance to select a location, just sounds wrong.
"Neither extortion nor blackmail require a threat of a criminal act, such as violence, merely a threat used to elicit actions, money, or property from the object of the extortion." (Wikipedia)
Commercial Bribery is "the practice of offering something (usually money) in order to gain an illicit advantage" (thefreedictionary) Would the State be guilty of this if they paid?
They did not want tax credits, they wanted payment up front. How great would it be if we could demand payment up front to start a business, or to keep one going? Tax incentives are one thing, but this demand is .......too many words come to mind.
Showing comments in chronological order
[Show most recent comments first]
Respond to this blog
Posting a comment requires free registration:
- Blog RSS feed
- Comments RSS feed
- Send email to Steve Mills
Steve Mills and his wife have one daughter and live on a farm outside of Bell Buckle. They previously owned two coffee/ice cream shops, currently operate an internet sales company and teach classes, but his primary job involves the paper industry worldwide. Hobbies and interests lie in gardening, photography, recorded music and of course, their pets.
Hot topicsPatricia Sue Head Summitt. Just her name means so much to us. We have lost a great human being.
(2 ~ 1:15 AM, Jun 29)
Are there copies of the actual bills being put forth for gun control?
Surprise surprise! Maybe from the rain storm?
Will your garden be a good, bad or record?
Why is the UK leaving the EU?