Cohocton Wind Watch Filing Lawsuit To Fight "Corporate Welfare"
BUFFALO, NY - There’s a lawsuit in the New York Court of Appeals which seeks to end state and local government cash grants for businesses for economic development purposes. The case is being argued by Buffalo attorney Jim Ostrowski, who calls these sorts of grants crony-capitalism. "Basically, corporate welfare is the glue that holds the whole rotten system in New York together, so it's extremely important that we end it," Ostrowski told WLEA/WCKR News.
We asked Hornell Industrial Development Agency Director Jim Griffin what he thought about grants for businesses being referred to as crony capitalism. "We're in competition with 49 other states," Griffin said. The IDA Director added that New York needs programs that are competive with the other states, such as the Empire Zone Program.
One of the petitioners in the lawsuit is Steuben County’s watchdog group, Cohocton Wind Watch.
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