Tuesday, February 5, 2019

ICYMI: "New York Senator opposed to Amazon HQ2 deal named to critical oversight board" (AMZN)

Mr. Bezos seems pretty determined to get out of Washington State before the Cascadia Fault megaquake* hits but his plans face another obstacle.

From Seattle's own GeekWire:
The day after Amazon announced its intention to build a 25,000-person office in New York City, State Sen. Michael Gianaris convened a protest on the company’s proposed stomping grounds.
It was the start of a crusade against the project in which Gianaris has repeatedly criticized secrecy in the bidding process and up to $3 billion in government subsidies promised to Amazon. He spearheaded a growing opposition movement to the deal, which includes other elected officials, labor leaders, and community activists. But despite the staunch opposition, the Amazon project appeared to be a done deal — until Monday.

Gianaris has been appointed to the Public Authorities Control Board, a little-known but powerful body that reviews economic development deals like the one reached with Amazon. The New York State Senate selected Gianaris as its representative on the three-person board. Each member has the ability to block a project.

“New York needs responsible fiscal stewardship now more than ever and ensuring our economic development dollars are well spent is a responsibility I take very seriously,” Gianaris said in a statement Monday.
Amazon did not respond to GeekWire’s request to comment on Gianaris’s appointment....
...MUCH MORE

*See:
When The Megaquake Hits, The Living Will Envy The Dead
Okay, a bit of hyperbole in the headline but let's go with 10,000 dead, 30,000 injured and 2,000,000 people displaced and dependent on handouts.

We've had three posts on the Cascadia Subduction Zone, a couple links below.
There have been a few cat bonds issued over the years that cover Cascadia, they seem to be underpriced for the risk.... 
The Cascadia Megaquake Will Just Be The Beginning Of The Troubles: Seattle Natural Hazard Explorer