kasich.jpg Gus Chan, The Plain DealerGov. John Kasich

COLUMBUS, Ohio – A state appeals court on Thursday upheld a lower court ruling allowing Gov. John Kasich’s new quasi-private economic agency to proceed with plans to use state funds as operating cash.

Kasich’s JobsOhio is in the process of leasing control of the state’s highly profitable liquor operation in return for capturing annual revenue from alcohol sales. The deal calls for issuing bonds to raise enough capital to pay off liquor debts and make

Article source: http://www.cleveland.com/open/index.ssf/2012/06/gov_john_kasichs_jobsohio_surv.html