The GlobalFoundries black hole wants to suck even more taxpayer moneyMatt over a Farenell Photography noticed that GlobalFoundries (formerly AMD) is seeking even more taxpayer money for its Luther Forest project in Malta, NY. This sum is in addition to the $1.2 BILLION in corporate welfare the conglomerate has already been handed over.
Tellingly, a GlobalFoundries spokesman would not say precisely how much money the company is seeking from the state, how large the expansion could be or how many jobs may be created if the expansion occurs
Meanwhile, schools, parks and hospitals are facing dramatic cuts in state aid, some even mooting closure, while schools and municipalities are looking at hikes to the state's already sky high property taxes.
As Sarah Palin (who I never thought would say anything worth repeating in public) might say: "Not just no, HELL NO."