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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 [1]
Embrace help from private foundations and government

The 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 [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  11/30/2007 1000.00 28930118333 [4]

BARBER, CALVIN
BELLBROOK, OH 45305
QBASE/EXECUTIVE

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  11/30/2007 250.00 28930118334 [5]

DRESSLER, MICHELE
LEBANON, OH 45036
QBASE/SALES

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  12/10/2007 250.00 28930118348 [6]

HARENDZA, KURT
SPRINGBORO, OH 45066
QBASE/MANAGER

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  10/27/2007 1000.00 28930118362 [7]

JUDSON, DAVID
SPRINGBORO, OH 45066
QBASE/VICE PRESIDENT

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  12/05/2007 1000.00 28930118367 [8]

KESARIS, PAUL
ALEXANDRIA, VA 22302
QBASE/EXECUTIVE

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  10/27/2007 1000.00 28930118369 [9]

LIGHTNER, SCOTT
XENIA, OH 45385
QBASE/ENGINEER

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  11/30/2007 1000.00 28930118375 [10]

MACALOLOOY, TERESA
DAYTON, OH 45440
QBASE/DIRECTOR OF BUSINESS DEVELO

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  11/30/2007 250.00 28930118377 [11]

PARDUE, JANEL
DAYTON, OH 45429
QBASE/MARKETING CONSULTING

BROWN, SHERROD [12]
VIA FRIENDS OF SHERROD BROWN [13]
  10/13/2006 1000.00 26020901295 [14]

PARDUE, JANET
KETTERING, OH 45429
QBASE/OWNER

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  11/30/2007 -2300.00 28930118397 [15]
  11/30/2007 -2300.00 28930118397 [15]
  11/30/2007 4600.00 28930118396 [16]
  11/30/2007 4600.00 28930118397 [15]

PARDUE, WILLARD
KETTERING, OH 45429
QBASE/OWNER

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  11/30/2007 2300.00 28930118398 [17]
  11/30/2007 2300.00 28930118398 [17]

SHORT, BRIAN J
MIAMISBURG, OH 45342
QBASE/SALES DIRECTOR

HOBSON, DAVID LEE [18]
VIA HOBSON FOR CONGRESS [19]
  06/29/2007 500.00 27931235536 [20]

SHOUP, THOMAS
BEAVERCREEK, OH 45434
QBASE/CFO

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  11/30/2007 1000.00 28930118406 [21]

SWENSON, THERESA
SOUTH SAN FRANSISC, CA 94080
QBASE/VICE PRESIDENT

AUSTRIA, STEVE C [2]
VIA STEVE AUSTRIA FOR CONGRESS [3]
  12/20/2007 250.00 28930118410 [22]

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 [23]
  08/28/2006 1000.00 26950559750 [24]

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 [25]
VIA MIKE DEWINE FOR US SENATE [26]
  08/28/2006 1000.00 26020783512 [27]

Recipient Total: 1000.00

TRY A: NEW QUERY [28]
RETURN TO: FEC HOME PAGE [29]

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 [30]
VIA CITIZENS FOR TURNER [31]
  08/24/2007 1000.00 27931394954 [32]

KESARIS, PAUL
DAYTON, OH 45431
Q-BASE LLC/PARTNER

TURNER, MIKE [30]
VIA CITIZENS FOR TURNER [31]
  11/07/2007 1000.00 28990245290 [33]

PARDUE, BILL
DAYTON, OH 45429
Q-BASE LLC/CEO

TURNER, MIKE [30]
VIA CITIZENS FOR TURNER [31]
  09/22/2006 1000.00 26930431191 [34]
  10/25/2006 454.00 26940869138 [35]

Total Contributions: 3454.00

TRY A: NEW QUERY [28]
RETURN TO: FEC HOME PAGE [29]

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.

If you enjoyed this post, make sure you subscribe to my RSS feed [36]! If you wish to support this blog and independent journalism in Dayton, consider donating [37]. All of the effort that goes into writing posts and creating videos comes directly out of my pocket, so any amount helps!
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BuyerBeware

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.

Springfield Resident

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?

FormerIntern

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.

Gene

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.

trackback

[…] 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 […]