Surprisingly, right wing talk show hosts haven't said a word or gone ballistic over the discovery of millions of taxpayer dollars being wasted on crony business friends taking handouts from the Walker administration.
Solyndra got a lot of play for going bankrupt, but when companies in Wisconsin stiffed the state in bankruptcy, not a peep from conservative voters. Amazing?
WSJ: Independent auditors reviewing the state's top jobs agency found a number of serious problems with its financial practices … The Wisconsin Economic Development Corporation … Auditors also estimated that the agency will not be able to collect about $19 million of its $51 million in loans. That includes about $15 million in forgivable loans, as well as another $4 million that are uncollectible.
Those uncollectible loans include overdue loans and loans that have resulted in a collection agreement. They said the problem wasn't because of any misconduct they uncovered, but rather because the agency — which lost more than 80 percent of its staff when it was created from the old Department of Commerce — didn't allocate the time or personnel needed to keep track of the money it had loaned Wisconsin businesses.