Saturday, June 7, 2014

Bernie Ecclestone's Formula One corporate welfare machine

Bernie Ecclestone is a billionaire today because he figured out a really unique way to lift public money into private pockets, especially his own.

Formula One racing.

The city of Montreal just signed a deal with Big Bernie that will see over $200 million Canadian taxpayer dollars go to subsidizing Bernie's F-1 circus.

Doesn't Montreal have more important priorities?

No comments:

Post a Comment