badlatitude

Oops! Wisconsin Paid $4.5 Billion So Chinese Workers Could Take American Jobs

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18 minutes ago, Voyageur said:

Scott, why does this dirt smell like bullshit?

image.png.6096bc864bb6ad03ae7bb062b04a269f.png

The guy on the right gets it.

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They said it was the beginning of a new Silicon Valley in Wisconsin. Heh, like Texas found out the hard way decades ago: The number of skilled Silicon Valley workers who will relocate to Nowheresville is about 6.

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23 minutes ago, jerseyguy said:

Other than some construction jobs, the only visible signs of Foxconn (emphasis on con) are the loss of hundreds of acres of farm fields and incessant road construction. Lots of new and upgraded roads. Too bad there’s no place to go to.

 

 

Ahh, but in the "entitlement" class of folks like @warbird, roads are free. Don't cost anything. Well, maybe they cost Wisconsin their head start program, or universal kindergarten, but those brats need to learn what it's like to be hungry and uneducated so they can be properly motivated to work for Chinese-owned companies.

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2 minutes ago, El Boracho said:

They said it was the beginning of a new Silicon Valley in Wisconsin. Heh, like Texas found out the hard way decades ago: The number of skilled Silicon Valley workers who will relocate to Nowheresville is about 6.

As Buddy Melges said of Zenda,  WI (not all that far from the Foxconn site): “it’s not the end of the earth but you can see it from there.”

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25 minutes ago, El Boracho said:

They said it was the beginning of a new Silicon Valley in Wisconsin. Heh, like Texas found out the hard way decades ago: The number of skilled Silicon Valley workers who will relocate to Nowheresville is about 6.

The only Silicon Valley in this one was the collective lubricated buttcracks of the locals. Dumb fucks got played. 

And they NEVER saw it coming!

 

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12 minutes ago, Sol Rosenberg said:

The only Silicon Valley in this one was the collective lubricated buttcracks of the locals. Dumb fucks got played. 

And they NEVER saw it coming!

 

These are the same people who saw Trump as a bidness geenyus, the star of the Apprentice, who knew what it takes to make a bidness great.

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1 hour ago, Sol Rosenberg said:

 

 

Axe and ye shall receive. 

There's always a comment

 

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2 hours ago, El Boracho said:

They said it was the beginning of a new Silicon Valley in Wisconsin. Heh, like Texas found out the hard way decades ago: The number of skilled Silicon Valley workers who will relocate to Nowheresville is about 6.

Actually, that area is 100x better than Texas.  If you like seasons, well bob's your uncle... and housing is CHEAP!!

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2 hours ago, shaggy said:

Actually, that area is 100x better than Texas.  If you like seasons, well bob's your uncle... and housing is CHEAP!!

Seasons—longish winters, usually non-existent Spring.

You are spot on in terms of housing prices.

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9 hours ago, badlatitude said:

 

Too bad for you the bill is still due. Have fun paying that $4,500,000,000 for nothing, Foxconn got the money, you are holding an empty bag. Thanks, Trump.

No the bill is not due.  Foxconn gets performance based subsidies and they have not performed yet.  If they do perform there are stepped tax breaks (what you call subsidies) that kick in.  Those subsidies over the many years life of the program with Foxconn at the high projected employment level could be $4.5b.  It is becoming obvious they will not make that so $4.5 billion is being saved by the State of WI:lol:

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15 minutes ago, warbird said:

No the bill is not due.  Foxconn gets performance based subsidies and they have not performed yet.  If they do perform there are stepped tax breaks (what you call subsidies) that kick in.  Those subsidies over the many years life of the program with Foxconn at the high projected employment level could be $4.5b.  It is becoming obvious they will not make that so $4.5 billion is being saved by the State of WI:lol:

The original tax increment financing district Mount Pleasant approved for the Foxconn project called for $764 million worth of investments to make the development possible. According to the latest estimates from municipal advisory firm Ehlers Inc., the village’s financial advisor, the investment will now be about $912 million.

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12 minutes ago, warbird said:

No the bill is not due.  Foxconn gets performance based subsidies and they have not performed yet.  If they do perform there are stepped tax breaks (what you call subsidies) that kick in.  Those subsidies over the many years life of the program with Foxconn at the high projected employment level could be $4.5b.  It is becoming obvious they will not make that so $4.5 billion is being saved by the State of WI:lol:

I guess you forgot about all the people that got displaced so they could build this plant, the county and city that obligated themselves to spending $764 million to attract Foxconn to Wisconsin in the first place. The Wisconsin legislature agreed that for every $100 million laid out by the city and county that they could not repay, the state would assume $64 million of that debt, (from your taxes). The city paid out $170 million from that fund to buy land, relocate citizens, pay interest, install sewers, water infrastructure, and don't forget about all the non-existent jobs being done by robots, that make this business fiasco one of the great financial boondoggles of all time. Did Scott Walker scratch this business plan out on a napkin? because it sure seems that way.

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18 minutes ago, badlatitude said:

I guess you forgot about all the people that got displaced so they could build this plant, the county and city that obligated themselves to spending $764 million to attract Foxconn to Wisconsin in the first place. The Wisconsin legislature agreed that for every $100 million laid out by the city and county that they could not repay, the state would assume $64 million of that debt, (from your taxes). The city paid out $170 million from that fund to buy land, relocate citizens, pay interest, install sewers, water infrastructure, and don't forget about all the non-existent jobs being done by robots, that make this business fiasco one of the great financial boondoggles of all time. Did Scott Walker scratch this business plan out on a napkin? because it sure seems that way.

 

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1 hour ago, warbird said:

No the bill is not due.  

Already been paid and your taxes are paying the debt service now, you fucking socialist.

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12 minutes ago, Sol Rosenberg said:

All that good news plus a festering boil of COVID. Looking good cheesers!
 

https://thehill.com/homenews/state-watch/520850-wisconsin-breaks-single-day-records-for-covid-19-deaths-cases

 

 

And yet the Repubs and right wing law firms and interests keep suing the Governor to ease or eliminate restrictions.  They won’t be happy until everyone is free and dead.

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7 minutes ago, jerseyguy said:

And yet the Repubs and right wing law firms and interests keep suing the Governor to ease or eliminate restrictions.  They won’t be happy until everyone is free and dead.

Statisticly, china virus positives wear masks.:D

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12 hours ago, Voyageur said:

Scott, why does this dirt smell like bullshit?

image.png.6096bc864bb6ad03ae7bb062b04a269f.png

The only manual labor the Mad Mango has done in the last seven decades.  Before that it was throwing his toys out of his crib.

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Wait for it: Foxconns excuse is that all those great former car or car accessory factory workers are either not willing to do the jobs or are not qualified for the work in that plant ;)

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2 hours ago, Marty6 said:

Wait for it: Foxconns excuse is that all those great former car or car accessory factory workers are either not willing to do the jobs or are not qualified for the work in that plant ;)

If you go way back to the beginning of this colossal ripoff there was concern about importing Chinese engineers and putting a cap on the number of non-Wisconsin residents who could work at the plant.

In addition to the plant itself there was all kinds of noise about Foxconn “innovation centers in places like Milwaukee, Green Bay, Eau Claire (or LaCrosse) and a hundred million dollar involvement with UW-Madison.  Not a peep about any of that for the longest time.

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15 hours ago, warbird said:

No the bill is not due.  Foxconn gets performance based subsidies and they have not performed yet.  If they do perform there are stepped tax breaks (what you call subsidies) that kick in.  Those subsidies over the many years life of the program with Foxconn at the high projected employment level could be $4.5b.  It is becoming obvious they will not make that so $4.5 billion is being saved by the State of WI:lol:

If Mr. Trump hadn’t lost his trade war, a Chinese factory in the rust belt would have been ideally placed to capitalize from the need for American capacity,    This is proof Trump didn’t find trade wars easy to win.   

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i bet they all had blisters after this photo shoot. The FoxCon exec looks like he is trying not to laugh too hard. Drumpf and Wanker, one of them will probably stay out of the clink.

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It's really hard to say something nice about the Foxconn con job.  Warbird is a moron if he thinks this was a good idea.  They will be gone in 5yrs after fucking up the site due to the relaxed environmental requirements.  Stupid has no place describing this fiasco.  Criminal is much closer.  

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56 minutes ago, Cal20sailor said:

It's really hard to say something nice about the Foxconn con job.  Warbird is a moron if he thinks this was a good idea.  They will be gone in 5yrs after fucking up the site due to the relaxed environmental requirements.  Stupid has no place describing this fiasco.  Criminal is much closer.  

The best part will be resurrecting this thread in five years, and reading it from the beginning, recounting the ways that Dog, and Warbird, tried to justify this failed Republican experiment. The talking point will be it only failed because of the Democrats, too bad there's so much evidence to the contrary.

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17 minutes ago, badlatitude said:

The best part will be resurrecting this thread in five years, and reading it from the beginning, recounting the ways that Dog, and Warbird, tried to justify this failed Republican experiment. The talking point will be it only failed because of the Democrats, too bad there's so much evidence to the contrary.

I wonder how many of the homes that were swept up for this lost cause had 2nd or 3rd generation owners that had grown up in them.  For a few pieces of gold, their memories and those that they would share them with were lost for good.  Yep, that settling pond is the house that was in our family for 100yrs.  Sucks.  Trump's big campaign successes were Carrier (gone), Foxconn (Chinese ate his egg roll), and Lordstown (closed by GM and struggling to come back).  Art of the deal my ass.  The guy paid 135K for essentially a hooker and lasted 2mins.  That's over 400K and an hour.  Our great negotiator.  

Edit/Correction:  over 4m an hour.  Million.  

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10 minutes ago, Cal20sailor said:

I wonder how many of the homes that were swept up for this lost cause had 2nd or 3rd generation owners that had grown up in them.  For a few pieces of gold, there memories and those that they would share them with were lost for good.  Yep, that settling pond is the house that was in our family for 100yrs.  Sucks.  Trump's big campaign successes were Carrier (gone), Foxconn (Chinese ate his egg roll), and Lordstown (closed by GM and struggling to come back).  Art of the deal my ass.  The guy paid 135K for essentially a hooker and lasted 2mins.  That's over 400K and an hour.  Our great negotiator.  

Edit/Correction:  over 4m an hour.  Million.  

Nearly 2,800 acres were cleared for this project, here are pics of 40 homes that were razed for this project.https://journaltimes.com/news/local/photos-houses-now-gone-in-foxconn-development-area-1/collection_241f57da-74c1-558d-998a-4e06dd8d57e9.html The owners complain that the city lied about future roads and claimed supposedly 'blighted' properties so they could use eminent domain against them.

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56 minutes ago, badlatitude said:

The best part will be resurrecting this thread in five years, and reading it from the beginning, recounting the ways that Dog, and Warbird, tried to justify this failed Republican experiment. The talking point will be it only failed because of the Democrats, too bad there's so much evidence to the contrary.

Evidence, schmevidence.

They'll simply deny it.

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7 minutes ago, Bus Driver said:

Evidence, schmevidence.

They'll simply deny it.

Of course they will, but don't forget to bookmark this page. Somehow, getting your own words shoved down your throat is the best medicine to keep someone quiet.

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8 minutes ago, badlatitude said:

Of course they will, but don't forget to bookmark this page. Somehow, getting your own words shoved down your throat is the best medicine to keep someone quiet.

And, how many times have they admitted it when you rub their nose in it?

Delusional does not begin to describe the altered sense of reality these sheep exhibit.

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2 minutes ago, Bus Driver said:

And, how many times have they admitted it when you rub their nose in it?

Delusional does not begin to describe the altered sense of reality these sheep exhibit.

I know, but how often do you have so many direct quotes to shove down their throats?

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19 minutes ago, badlatitude said:

I know, but how often do you have so many direct quotes to shove down their throats?

Well, Warbird is just an idiot that hasn't learned that a sheet of paper has two sides.  Dog, who knows?

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6 minutes ago, Cal20sailor said:

Well, Warbird is just an idiot that hasn't learned that a sheet of paper has two sides.  Dog, who knows?

Dog? Nobody knows.

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On 10/13/2020 at 10:03 PM, Sol Rosenberg said:

All that good news plus a festering boil of COVID. Looking good cheesers!
 

https://thehill.com/homenews/state-watch/520850-wisconsin-breaks-single-day-records-for-covid-19-deaths-cases

 

 

just slug down some Old Milwaukee and  eat some Wisconsin Cheddah   and all will be fine   Belief meee 

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2 hours ago, Sol Rosenberg said:

We’re #1, we’re #1.

And the Governor faces unrelenting Republican and right wing opposition.

 

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11 minutes ago, jerseyguy said:
2 hours ago, Sol Rosenberg said:

We’re #1, we’re #1.

And the Governor faces unrelenting Republican and right wing opposition.

Same here. Last night, debate between our Governor and the Repub candidate, who is basically a Trump wanna-be although he has stopped shouting Trump's name so often. Lies, bullshit, interruption, acting like a spoiled child... I dunno how anybody can watch this behavior and think "Yeah that's a guy I want in charge of big important stuff."

By contrast, Gov. Cooper was fairly calm and often did not use his full time, he was a bit evasive on the budgeting process but that's been a horrible mess the past two years with our Trumpublican majority legislature passing ridiculous fiscal bills and the Gov. vetoing them. Cooper only lost patience one time when getting interrupted for about the 17th time discussing the states CoviD-19 policies, and snapped out "You need to learn some basic medical science, and stop getting your information from dark corners of the internet."

- DSK

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https://www.theverge.com/21507966/foxconn-empty-factories-wisconsin-jobs-loophole-trump
 

Quote

That illusion has had real costs. State and local governments spent at least $400 million, largely on land and infrastructure Foxconn will likely never need. Residents were pushed from their homes under threat of eminent domain and dozens of houses bulldozed to clear property Foxconn doesn’t know what to do with. And a recurring cycle of new recruits joined the project, eager to help it succeed, only to become trapped in a mirage. 

 

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14 hours ago, Mismoyled Jiblet. said:

https://www.theverge.com/21507966/foxconn-empty-factories-wisconsin-jobs-loophole-trump
 

Quote

That illusion has had real costs. State and local governments spent at least $400 million, largely on land and infrastructure Foxconn will likely never need. Residents were pushed from their homes under threat of eminent domain and dozens of houses bulldozed to clear property Foxconn doesn’t know what to do with. And a recurring cycle of new recruits joined the project, eager to help it succeed, only to become trapped in a mirage. 

...

Mount Pleasant’s village board voted to blight the area slated for the factory and threatened residents with eminent domain if they didn’t move.

 

This use of eminent domain is perfectly justifiable under the Kelo v New London reasoning and really only nutjob libertarians and Justice Thomas disagree.

I didn't know Foxconn had been casting about so wildly.

Quote

Foxconn would spend the next two years jumping from idea to idea — fish farms, exporting ice cream, storing boats — in an increasingly surreal search for some way to generate money from a doomed project.

...

The problem, employees soon learned, was that Foxconn’s planning did not extend far beyond the broad promises made to Wisconsin officials: an enormous LCD plant, some other manufacturing, lots of jobs. There appeared to be no research into the market for products Foxconn might make or the costs of producing those products in Wisconsin. Employees know this because many of them, no matter what role they had been hired for, were told to figure out what Foxconn should do in Wisconsin themselves.

Storing boats?

At least the golf cart races sounded kinda fun.

I wonder who "Money Mama" actually is?

I have to admit that forcing employees to transcribe the CEO's book as punishment is... innovative.

Growing tropical trees in Wisconsin is downright funny. I get them frozen to the ground periodically here.

Anyway, this thread is probably overdue for some Koch-$pon$ored Trump cheerleading, so...

Wisconsin's Foxconn Boondoggle Looks Worse Than Ever
 

Quote

 

In June 2018, President Donald Trump and then–Gov. Scott Walker of Wisconsin broke ground on the outskirts of Milwaukee for what was supposed to be a $10 billion, 20 million-square-foot factory for Taiwanese tech giant Foxconn.

It was going to be "the eighth wonder of the world," Trump said, proof that he was "reclaiming our country's proud manufacturing legacy"—even if the project was dependent on $3 billion in subsidies from the state of Wisconsin, one of the largest corporate handouts in American history.

A little more than two years later, the factory that was supposed to produce LCD screens for TVs and smartphones doesn't exist and "probably never will," reports The Verge this week in a must-read investigation into the downfall of Wisconsin's propped-up Foxconn project.

 

 

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When you elect morons like this how hard is it to understand that WI got taken in the Foxconn debacle.

‘Panicked' Sen. Ron Johnson touts Trump to Wisconsin leaders

https://www.yahoo.com/news/panicked-sen-ron-johnson-touts-174023620.html

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“Apple supplier Luxshare unnerves Foxconn as U.S.-China feud speeds supply chain shift”

https://www.reuters.com/article/us-foxconn-china-luxshare-focus-idUSKBN27B06L

Not clear what impact, if any, this has on the Wisconsin situation. But given the history of Foxconn and the Wisconsin deal I doubt the news would be good.

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Another Foxconn story.  Not a particularly glowing report.

“Two years after Trump put a shovel in the ground, Wisconsin is still waiting on Foxconn to come through“

https://www.yahoo.com/news/two-years-trump-put-shovel-104433964.html

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14 minutes ago, jerseyguy said:

Another Foxconn story.  Not a particularly glowing report.

“Two years after Trump put a shovel in the ground, Wisconsin is still waiting on Foxconn to come through“

https://www.yahoo.com/news/two-years-trump-put-shovel-104433964.html

But the ratings were through the roof!  What a show it was. 

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How does Ivanka Trump define luxury? It starts with a golden shovel. - The  Washington Postbut it was an amazing, huge, glorious golden shovel, the best shovel anyone had seen, you wouldn't believe how expensive it was, so i didn't want to get dirt on it, they have cow shit in the dirt in wiscison. those hicks believed they were going to get jobs, they are too drunk to work, so who cares, you have to want to be rich and i'm really rich. 

MAGA TO ALL MY SUCKERS AND LOSERS

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Just now, Voyageur said:

 

How does Ivanka Trump define luxury? It starts with a golden shovel. - The  Washington Postbut it was an amazing, huge, glorious golden shovel, the best shovel anyone had seen, you wouldn't believe how expensive it was, so i didn't want to get dirt on it, they have cow shit in the dirt in wiscison. those hicks believed they were going to get jobs, they are too drunk to work, so who cares, you have to want to be rich and i'm really rich. 

MAGA TO ALL MY SUCKERS AND LOSERS

Now I get why President Trump was so eager to get this going.  He misread the invite and thought it said "Golden Shower".

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7 minutes ago, Bus Driver said:

Now I get why President Trump was so eager to get this going.  He misread the invite and thought it said "Golden Shower".

I pondered a similar thought the other day.  If anyone ever tells The Pride of the GOP that he works in an "Oval Office" he'll be walking around the office with his little mushroom hanging out. We already know (as does he) that he has plenty of suckers. 

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Hasn’t been much Foxconn news lately.

The latest is that due to COVID plans for the facility have been out in hold until next year.

The con that is Foxconn.

https://madison.com/news/state_and_regional/some-foxconn-plans-in-mount-pleasant-on-hold-until-next-year/article_eac8c8ed-d06c-5821-b45e-4516cbb3adb2.html

 

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3 hours ago, Saorsa said:

Yep, another chinese con job.

 

Why did so many conservatives have trouble spotting it?   I think the opportunity to violate Great Lakes watershed agreements was so tempting Republicans forgot their credulity at the door and assumed it must be a good thing,

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1 hour ago, Lark said:

Why did so many conservatives have trouble spotting it?   I think the opportunity to violate Great Lakes watershed agreements was so tempting Republicans forgot their credulity at the door and assumed it must be a good thing,

Don't ask me.  It's been pretty much the way the Chinese operate around the world.  The US China Relations act of 2000 was a rollover.  The Asian Pivot failed.

https://www.theguardian.com/commentisfree/2016/sep/25/obama-failed-asian-pivot-china-ascendant

China frankly doesn't give a shit until some one does something to dsadvantage them.  The world certainly turns a blind eye to their human rights and environmental record.  That's the actual record, not whatever piece of paper they signed last claims.

Don't worry though, I'm sure that Biden will normalize our relations with China almost immediately.  It's the only way he can get the damn kids out of the house.

 

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