Quote of the Day 6/12/2014

“Extortion is a criminal offense in which you obtain money, property or services from a person, entity or organization through coercion. How would this not meet that definition, where we are being told ‘we want to be in your city, we think we would do very well, we don’t need the incentive to make the store work, but if you don’t pay the 3.5 million, we’ll have to look at one of your competing suburbs?’ That would imply harm. To me, that is extortion.”

-Oklahoma City Councilman Ed Shadid, speaking about Oklahoma City’s negotiations to pay $3.5 million in incentives to sporting goods chain Cabela’s (Source: http://bit.ly/1uXh7AV)

ABOUT THE AUTHOR

Gene Perry worked for OK Policy from 2011 to 2019. He is a native Oklahoman and a citizen of the Cherokee Nation. He graduated from the University of Oklahoma with a B.A. in history and an M.A. in journalism.

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