Bad investments by government
I own my business, or at least the bank does. Typically, this is how small business works, you want to start a business, you go get a loan (typically with your home as the security) and you get started.
But, if you are a C-level exec, who has been making millions for years, and want to start a business, you go ask other people to give you money, without you taking on a majority of the risk. You promise to employee people, and pay yourself well- only if they supply 80% of your capital. Sounds like a great deal- if you are the CEO.
Why our tax dollars are being used to make the rich richer is a mystery to me.
I’m sure Springfield could have used half a million to provide services to all of its residents instead of making sure a CEO got a free ride [see comment below] – read this from today’s DDN:
Qbase’s growth teaches survival
Embrace help from private foundations and governmentThe Turner Foundation of Springfield gave a fledgling Qbase $4 million, Pardue said. Springfield city government came through with $500,000. And Greene County was an early supporter with $60,000. This assistance and more helped fuel growth, creating a company where employees put up only 20 percent of the capital, yet own 80 percent of the business, Pardue said.
Our tax dollars are to invest in infrastructure, safety, and public services. Corporate welfare must stop- across the board, especially if we want to see honesty returned to government. Want to see what happens when government gives tax dollars to private companies- click on the continuation:
note, the FEC database has entries for Qbase and Q-base, and there may be even more ways to spell it.
Presented by the Federal Election Commission
Individual Contributions Arranged By Type, Giver, Then Recipient
Contributions to Political CommitteesBACKUS, JR., CHARLES
SPRINGBORO, OH 45066
QBASE/EXECUTIVE
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS11/30/2007 1000.00 28930118333 BARBER, CALVIN
BELLBROOK, OH 45305
QBASE/EXECUTIVE
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS11/30/2007 250.00 28930118334 DRESSLER, MICHELE
LEBANON, OH 45036
QBASE/SALES
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS12/10/2007 250.00 28930118348 HARENDZA, KURT
SPRINGBORO, OH 45066
QBASE/MANAGER
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS10/27/2007 1000.00 28930118362 JUDSON, DAVID
SPRINGBORO, OH 45066
QBASE/VICE PRESIDENT
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS12/05/2007 1000.00 28930118367 KESARIS, PAUL
ALEXANDRIA, VA 22302
QBASE/EXECUTIVE
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS10/27/2007 1000.00 28930118369 LIGHTNER, SCOTT
XENIA, OH 45385
QBASE/ENGINEER
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS11/30/2007 1000.00 28930118375 MACALOLOOY, TERESA
DAYTON, OH 45440
QBASE/DIRECTOR OF BUSINESS DEVELO
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS11/30/2007 250.00 28930118377 PARDUE, JANEL
DAYTON, OH 45429
QBASE/MARKETING CONSULTING
BROWN, SHERROD
VIA FRIENDS OF SHERROD BROWN10/13/2006 1000.00 26020901295 PARDUE, JANET
KETTERING, OH 45429
QBASE/OWNER
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS11/30/2007 -2300.00 28930118397 11/30/2007 -2300.00 28930118397 11/30/2007 4600.00 28930118396 11/30/2007 4600.00 28930118397 PARDUE, WILLARD
KETTERING, OH 45429
QBASE/OWNER
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS11/30/2007 2300.00 28930118398 11/30/2007 2300.00 28930118398 SHORT, BRIAN J
MIAMISBURG, OH 45342
QBASE/SALES DIRECTOR
HOBSON, DAVID LEE
VIA HOBSON FOR CONGRESS06/29/2007 500.00 27931235536 SHOUP, THOMAS
BEAVERCREEK, OH 45434
QBASE/CFO
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS11/30/2007 1000.00 28930118406 SWENSON, THERESA
SOUTH SAN FRANSISC, CA 94080
QBASE/VICE PRESIDENT
AUSTRIA, STEVE C
VIA STEVE AUSTRIA FOR CONGRESS12/20/2007 250.00 28930118410 Total Contributions: 17700.00
Joint Fundraising Contributions
These are contributions to committees who are raising funds to be distributed to other committees. The breakdown of these contributions to their final recipients may appear below
BARNARD, JOANNE R.
DAYTON, OH 45459
QBASE/GENERAL MGR. NON-PROFIT DIV
MIKE DEWINE VICTORY 2006 08/28/2006 1000.00 26950559750 Total Joint Fundraising: 1000.00
Recipient of Joint Fundraiser Contributions
These are the Final Recipients of Joint Fundraising Contributions
BARNARD, JOANNE R
DAYTON, OH 45459
QBASE
DEWINE, RICHARD MICHAEL
VIA MIKE DEWINE FOR US SENATE08/28/2006 1000.00 26020783512
Recipient Total: 1000.00
TRY A: NEW QUERY
RETURN TO: FEC HOME PAGE
Presented by the Federal Election Commission
Individual Contributions Arranged By Type, Giver, Then Recipient
Contributions to Political CommitteesJUDSON, DAVID
SPRINGBORO, OH 45066
Q-BASE LLC/VP & GM GOVT. & HEALTH
TURNER, MIKE
VIA CITIZENS FOR TURNER08/24/2007 1000.00 27931394954 KESARIS, PAUL
DAYTON, OH 45431
Q-BASE LLC/PARTNER
TURNER, MIKE
VIA CITIZENS FOR TURNER11/07/2007 1000.00 28990245290 PARDUE, BILL
DAYTON, OH 45429
Q-BASE LLC/CEO
TURNER, MIKE
VIA CITIZENS FOR TURNER09/22/2006 1000.00 26930431191 10/25/2006 454.00 26940869138 Total Contributions: 3454.00
TRY A: NEW QUERY
RETURN TO: FEC HOME PAGE
It looks like a good way for your tax dollars to flow right back to the politicians campaigns to me. What’s it look like to you?
This is why my campaign isn’t the same as my competition, and why if elected, I will push hard to end both corporate welfare and private funding of political campaigns.
The 2+ billion we spend on campaigns now, is costing us much more in obligations to donors than it’s helping. For those still claiming it’s a freedom of speech issue, you don’t know what free speech is, or you’d be supporting my campaign.
I hear that Pardue is trying to sell all or a portion of qbase to a company rumored to be in the DC area called “Diamondback”. I don’t know if this is true or not but I sure hope the company has done its research before entering into a business agreement with Pardue otherwise they might just get bit.
Quick comment about Qbase patting themselves on the back for 100% participation in United Way. Well, I work for an organization in Springfield and our CEO is in the golf / political scheme here and we are shamed and virtually extorted to donate to the United Way so he can look good. It must me a CEO contest to force your employees to donate to your causes and support their politicians. We employees have little raises in years and still are forced to donate or face comments / shame; is that not extortion?
Extortion indeed. That was Bill Pardue through and through. Even as an intern I can remember sitting in a conference room with a rep from HR as they said “…and finally here’s a form to donate to United Way if you like. We DO have 100% employee donorship.”
…cricket, cricket…
“Well, I don’t kno—”
“It can be a one time cash donation.”
Aaand I was suckered.
Yeah, kinda stinks to hand over your hard earned money to some organization that will just shit it away. Kinda like taxes and our government. Being forced to give money is a bad thing.
[…] for this- but, I’m sure it’s out there) or when a start-up company like one in Dayton- has the entire staff donating $1000 ea on the same day, to the same congressman (the company, a Dayton Development Coalition darling called QBase– was outed by me- and the […]
[…] credit for breaking stories. Like the time I exposed a darling of the Dayton Development Coalition, Qbase, for illegally pouring money into Steve Austria’s campaign, and they didn’t write a story until 18 months later and pretended they broke the […]