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Posted
1 hour ago, The Frankish Reich said:

My point is this: "industrial policy" is usually the opposite of free market policy. And in a lot of these cases - Tesla in Buffalo, Foxconn in Wisconsin - we see nothing more than the socialization of losses. The government that "invests" (providing state money and incentives) is often left holding the bag.

I thought socialism was a bad thing.

 

I can't speak to Tesla but Foxconn only got $80M in tax breaks but invested almost $600M more than that and will create 1,454 jobs that will stimulate the economy and provide tax revenue.

Posted
4 minutes ago, Doc said:

 

I can't speak to Tesla but Foxconn only got $80M in tax breaks but invested almost $600M more than that and will create 1,454 jobs that will stimulate the economy and provide tax revenue.

But there's this too: Foxconn will almost certainly not be able to make good on its promise to cover $300 million in bonds issued by Wisconsin.

 

https://www.theregister.com/2022/05/25/foxconn_wisconsin_factory/

 

It is not an epic fail I guess, but it's still a fail.

I don't think you'll see Trump visiting the site on his campaign swing through Wisconsin ....

Posted

 

You're a 19 year old kid. You are critically wounded and dying in the jungle somewhere in the Central Highlands of Viet Nam .

 

Its November 14, 1965 . LZ (landing zone) X-ray. Your unit is outnumbered 8-1 and the enemy fire is so intense from 100 yards away,

 

that your CO (commanding officer) has ordered the MedEvac helicopters to stop coming in. You're lying there,

 

listening to the enemy machine guns and you know you're not getting out. Your family is half way around the world, 12,000 miles away,

 

and you'll never see them again. As the world starts to fade in and out, you know this is the day.

 

Then - over the machine gun noise - you faintly hear that sound of a helicopter. You look up to see a Huey coming in.

 

But.. It doesn't seem real because no MedEvac markings are on it. Captain Ed Freeman is coming in for you.

 

He's not MedEvac so it's not his job, but he heard the radio call and decided he's flying his Huey down into the machine gun fire anyway.

 

Even after the MedEvacs were ordered not to come. He's coming anyway.

 

And he drops it in and sits there in the machine gun fire, as they load 3 of you at a time on board.

 

Then he flies you up and out through the gunfire to the doctors and nurses and safety. And, he kept coming back!! 13 more times!!

 

Until all the wounded were out. No one knew until the mission was over that the Captain had been hit 4 times in the legs and left arm.

 

He took 29 of you and your buddies out that day.

 

Some would not have made it without the Captain and his Huey. Medal of Honor Recipient,

 

Captain Ed Freeman, United States Army, died at the age of 80, in Boise, Idaho.

 

I bet you didn't hear about this hero's passing, Medal of Honor Winner Captain Ed Freeman.

 

 

From the: CONGRESSIONAL MEDAL OF HONOR SOCIETY

https://www.cmohs.org/recipients/ed-w-freeman#:~:text=After medical evacuation helicopters refused,survived had he not acted.

 

 

Posted
7 hours ago, The Frankish Reich said:

My point is this: "industrial policy" is usually the opposite of free market policy. And in a lot of these cases - Tesla in Buffalo, Foxconn in Wisconsin - we see nothing more than the socialization of losses. The government that "invests" (providing state money and incentives) is often left holding the bag.

I thought socialism was a bad thing.

Usually is the proper term and you are correct, my preferred method of coaxing business plans is to allow them tax breaks for X months, basically allow them to build the business without worrying about government taking a chunk too early. But the direct payment method I have seen some of these times is insane. 

Posted
Just now, Orlando Tim said:

Usually is the proper term and you are correct, my preferred method of coaxing business plans is to allow them tax breaks for X months, basically allow them to build the business without worrying about government taking a chunk too early. But the direct payment method I have seen some of these times is insane. 

Agreed. Special tax favored investment zones were favored by Republicans of the Reagan type. They are not nearly as problematic as the commitment of public funds for private purposes. 
Stadium deals are the same corrupt mess. I mean, I want them to keep my teams in town, but that’s just me being selfish, not good policy. 

Posted
20 minutes ago, Gregg said:

 

Sentenced to 90 consecutive life sentences. What is the point of that. Just say life in prison without parole. He should get the death penalty, however.

He might if Texas has their way.

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Posted (edited)

 

 

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Edited by B-Man
Posted (edited)

I wouldn’t be surprised if Q-Anon was a program created by the CIA to discredit opponents of the Establishment- kind of in the way the term “Conspiracy Theory” was created to  do the same thing, in the 60s, after they murdered JFK…

 

 

 

 

 

 

Edited by JaCrispy
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