Off-kilter With Rebecca Vallas

“Ban Secret Deals”: Meet the New Coalition Working to Ban NDAs in Corporate Subsidy Deals

Informações:

Synopsis

How would you feel if you found out your elected leaders had voted to hand out huge sums of public money to corporations, with some of them not even knowing who the recipient is, and the rest bound by contract not to divulge its identity or what its specific plans are? Now what if we told you this happens all over the country, all the time, in deals involving wealthy corporations such as Amazon, Facebook, Google, and on and on? Unfortunately, thanks to a legal tool called a non-disclosure agreement (NDA), this kind of corrupt secret dealmaking has become the norm rather than the exception in economic development deals. These agreements—signed by governors, mayors, state legislators, and other local leaders—prevent public officials from disclosing anything about a corporate subsidy deal they’re working on, including even the recipient, until it’s finished, cutting many key stakeholders, and most importantly the public, out of the process. But a new coalition is seeking to change that. To learn more about the e