Friday, October 12, 2012 —
Believe it or not, I’d like to see the issue settled, too with ALCOA in a very equitable way.
The whole intent from the very git-go - the reason I started this thing - was not as far as the licensing was concerned, it was over pollution that I knew about.
There were some sites that need to be taken care of and cleaned up, and they have been now. Capped and clayed, and as far as I know they’ve done alright, they just need to be checked.
We’ve got cleaner water to drink. They’re capping the PCBs in the lake. They have admitted they came from their place. Where they came from we don’t know, they say they don’t know. It had to come from there because of the transformers they had.
They cleaned up the PCBs below the dam where they were located.
And, all of this was done because we said hold up on this. We just need to do what’s fair and equitable.
We’ve always traded that water down there which belongs to the people. I don’t think anybody can argue with that. All the water belongs to all the people of this region.
It flows down that river and I know they’re using it. It’s like you getting free fuel for whatever you’re doing.
We’ve always traded for jobs or some type of revenue coming back to this county and this region and that’s all I’m for.
And, we are still in negotiations.
You know, this has been going on for not only six years, when I was doing research on this I went down to the library. You all remember those microfilm, that’s a lot of fun looking back at newspapers from 2000.
You can see back in 2000 where the county commissioners were indicating they were going to fight this ALCOA relicensing and to me, you have to have a compelling reason to take over a private enterprise that’s profit-making and turn it over to a public entity.
Because economic justice can best be won by free men through free enterprise.
The county commissioners have not shown me a compelling reason why they are fighting this battle. Instead they’ve grossly underestimated the cost of this. They budgeted $900,000 on legal fees and spent over $5 million on it.
They said when they turned down the Clean Tech deal, Lindsay Dunevant said there was a guarantee in there for $1.2 million of the jobs didn’t come.
Lindsay Dunevant said at a county commission meeting it was a bad deal for Stanly County because the spending power of $1.2 million per year decreases over time.
For example, $1.2 million this year was only worth $828,000 in spending money 10 years from now. Twenty years from now, it’s only worth $500,000. And, 50 years from now only worth $188,000 in spending dollars.
Now, we got zero from that deal. I checked with a couple of accountants and the zero dollars we got from that deal today is worth zero dollars in spending power 10, 20, 30, 40, 50 years from now.
Those jobs were real. I’ve been following up with Clean Tech. It’s actually two companies now and they’re down in Mississippi and they’re still working to start digging and building their plants down there in Mississippi.