NAACP To Goldman Sachs: Show Us the Jobs

New Jersey.com reports:

Show us the jobs!

That's the demand at least one group is making before Jersey City officials grant Goldman Sachs a 20-year tax abatement for a proposed 30-story office tower to go just north of the company's 30 Hudson St. headquarters on the waterfront.

"It is not only a sin, but a crime for the city to continually give out tax abatements to those who give nothing to the city in terms of hiring," Rex Reid, second vice president of the Jersey City branch of the NAACP, fumed this week about the abatement, up for final adoption on Wednesday.

"We are against Goldman Sachs getting another abatement because they didn't keep their first 'good faith' agreement," Reid added.

Reid is referring to the "Project Employment & Contracting Agreement" Goldman signed with the city on June 21, 2000.

The pact, which concerns construction as well as permanent jobs at 30 Hudson St., called upon Goldman to make a "good faith effort" to hire 51 percent Jersey City residents, of which 50 percent would be minorities, and 6.9 percent women.

Sounds like fascism to us.