Carrier/United Technologies is receiving $7 million in corporate welfare to keep 1,069 jobs averaging $30.91 an hour at its Indianapolis plant, even as C/UT moves 400 jobs from the Indy plant and 700 jobs from Huntington, Indiana, to Mexico. That’s a bad President/precedent:
“It’s a potentially dangerous policy where you reward a company that threatens to leave. It’s a dangerous precedent. Why wouldn’t every other company make the exact same pitch?” said Steve Weitzner of Silverlode Consulting, a site selection firm. “In this case, you’re rewarding a company that is actually cutting a lot of jobs in the state” [Tony Cook, “Why Carrier Deal Could Set Troubling Precedent,” Indianapolis Star, 2016.12.02].
Another prominent business executive agrees:
Over the years, I’ve watched, for years, for 10 years, for 12 years, for 15 years, beyond Obama, and I’ve watched as politicians talked about stopping companies from leaving our states… Remember, they’d give the low-interest loans. Here’s a low-interest loan if you stay in Pennsylvania. Here’s a zero-interest loan. You don’t have to pay. Here’s a this. Here’s a tax abatement of any kind you want. We’ll help your employees. It doesn’t work, folks. That’s not what they need. They have money. They want to go out, they want to move to another country, and because our politicians are so dumb, they want to sell their product to us and not have any retribution, not have any consequence.
* * *
I’ve been watching these politicians go through this for years…. I’ve been watching them give low-interest loans. I’ve been watching them give zero-interest loans. These companies don’t even need the money, most of them; they take the money. There were a couple of instances where geniuses with great lawyers gave them money and then they moved anyway…I mean, the whole thing is crazy.
The first quote is from Donald Trump, speaking at a campaign rally in Erie, Pennsylvania, on August 12, 2016. The second quote is from Donald Trump, speaking at a campaign rally in Wilkes Barre, Pennsylvania, on October 10, 2016. [See Pema Levy, “Trump Likely Broke with His Own Stance in Indiana Manufacturing Deal,” Mother Jones, 2016.11.30.]
According to Open Secrets, defense contractor United Technologies’ PAC has given $1.18 million to federal candidates this year, 35% to Democrats, 65% to Republicans. UT PAC gave Kristi Noem $4,000, John Thune $7,500, and Nancy Pelosi $10,000.
The reason Trump does not hold pressers is because he will get questions on exactly that, lies told with no consequences.
Want to know how to fight? Here is the way. Get after if or loose.
“House Minority Leader Nancy Pelosi in a letter to her Democratic colleagues this week warned that “House Republicans are readying their plans to end the Medicare guarantee.” Sen. Joe Donnelly (D-Ind.), who will likely face a tough reelection fight in 2018, recently issued two press releases pledging to protect Medicare and already said he’ll oppose Price’s nomination.”
I don’t care if you are running for local dog catcher, this is the fight to expose the dangers of the republican agenda. They are hard wired into getting rid of Medicare and Social Security. Why help them cut your own throat?
Drumpf endorsee Snowgrift Snookie is blasting Drumpf’s crony capitalism. He prolly should have given her a cabinet position.
Nancy Pelosi replaced Rounds in South Dakota? That would be a step in the right direction.
The Donald, The Bankruptcy King, has NEVER opposed corporate welfare or any other welfare as long as the government largesse ends up in his pockets.
Donald Trump repeatedly said during the campaign that there would be ‘consequences’ for businesses that threatened to leave the country.
Carrier threatened to leave and Donald Trump’s consequences was to give them a welfare check. Pretty neat consequences, huh?
That’s OK. Our boy, John, was for Trump before he was against him, before he was for him again! It’s all just a game and we are the pawns. Anybody feeling USED, yet?
They have “more in common with Joseph Stalin and with Ronald Reagan.” They once believed in free markets. The businesses will go-along-to-get-along in the similar manner that most extended and furthered business ties with Germany in the 1920s, through 1941. They can get to full employment via the infrastructure building – then use the Milton Friedman dicta giving the workers spoons instead of shovels. http://oliverwillis.com/pence-trump-will-use-communist-model-business/
Trump admitted discussing the permitting of his project with the leader of Taiwan. Trump allegedly discussed the permitting of his project with the Philippine President – whom then appointed that project Philippine lead as a ‘special envoy’ the the Trump administration. Trump’s wife reportedly sat in on his discussions with the Japanese leader and asked for dispensation from the government’s controlled bank on a Trump project in Japan. Likely each “Trump” project / building worldwide may become a target – that it’s very likely may cost the US billions to “protect”.
And do not be surprised if their lies of ‘3-million illegal voters’ being used in 2020 to justify a coup when Trump also loses that election.
Pence. Job creator. NOT. Since 2013 when Pence was governor he awarded $24 million to 10 companies that went 3,800 Hoosier’s jobs overseas – mostly to Mexico and China.
http://www.indystar.com/story/news/politics/2016/08/28/under-pence-state-gave-incentives-companies-offshored-jobs/89260966/
Pollute Like It’s 1970 – Manufacturing doesn’t want to stay in USA. Manufacturing wants to be able to pollute at will. To attract manufacturing back we would have to allow pollution to our air and water like it was 50 years ago. Maybe that’s why Trump wants to eliminate the Dept. of Energy and put Sarah Palin in charge of Department of the Interior. Hmmmm?
Trump’s wife reportedly sat in on his discussions with the Japanese leader and asked for dispensation from the government’s controlled bank on a Trump project in Japan
John, I believe it was Ivanka and her hubby both sat in on the meeting with Japanese PM and neither has security clearance. The state department had nothing to do with any of Drump’s overseas calls. Drumpf doesn’t believe in following protocol because, apparentlly, only HRC can cause damage to Nat’l Security.
Didn’t I read where Drumpf has 16 businesses off-shored? Doesn’t matter as long as HRC is a croooook, I guess.
On day 1 Trump likely will be a walking talking violation of the US Constitution.
http://www.rawstory.com/2016/12/law-professor-trumps-businesses-make-him-a-walking-talking-violation-of-the-constitution/
Austria learned from their history, and BREXIT, and Trump. Far right candidate received about the same margin of votes as did Trump – and lost — Austria has democracy . . . and no electoral college. Same story: areas least affected by immigration and diversity are the most negative about both.
https://twitter.com/heavencrawley/status/805501588626436096
Will Trump actually be president or merely a commander in chief TV critique?
The reason I ask this question is because his apparent flip-flop here was driven by an inspiration he got after watching a Carrier worker on TV talking about how Trump said he was going to save the Carrier jobs in Indiana, a promise that Trump admitted he forgot about….. And then a course, we already know that he likes to critique SNL…
Perhaps the way to sway Trump is to just go on TV and saying something. I just hope the Russians don’t beat us to the punch on that one or have they already?…….
Kennedy might have been the first television president, but Trump is like a petulant TV watcher who emotionally responds to what he watches and how he perceives it…. It is going to be an interesting four years and may the Lord help us.
The Trump presidency will most likely be an inverted version of the movie “Truman,” where instead of watching what the new president will do, the new president will be watching us for inspiration….. and hopefully the “watching” will all be legal, too….. ;-)
@John: “Austria has democracy . . . and no electoral college.”
While Austria does direct elect their president, the president is essentially a figurehead much like a monarch is in a monarchy/parliamentary system. Think Great Britain. Austria’s parliamentary system is headed by a Chancellor who is, as in most parlimentary systems, usually the head of the majority party of the National Council (parliament in Austria). Essentially the head of government, the Chancellor, is being indirectly elected by the National Council. In the US, the head of state and the head of government are the same. the President.
Corporate welfare just took a licking in North Dakota. That Obama, I am gonna miss him. I damn sure am.
http://theimmoralminority.blogspot.com/2016/12/the-washington-post-attempts-to.html
Wapo attempts to explain the lies and the lies told to cover the lies told previously. This is quite interesting. (and pertinent to Carrier lies Drumpf told)
Don: presumably you, too, lived in Germany for 10 years over 2 decades and actually know of what you write. If the right wing nut-job president lost then he and his party is no longer of the majority – regardless of the slicing and dicing of council.
In the meantime reach deeper in your wallet to pay for your next sports jacket or suit since it will have a 35% tariff.
https://pbs.twimg.com/media/Cy36B7SUsAAu_t9.jpg
@John: You’re so cosmopolitan ;-), but you’re still wrong even after living in Germany (which is not Austria) for 10 some years.
“In Austria, the president is a pure figurehead and has almost always simply executed the decisions that the government and parties have wanted. True, some presidents have been more willing to criticize the government than others, but none has used their powers independently.”
http://presidential-power.com/?p=5661
Why would I buy a Mexican made suit coat when I can buy quality stuff like Hardwick manufactures here in the good ol’ USA?
https://hardwick.com/
In the campaign Trump said he had a plan to change the trade deals so we would not have to do these bandage quick fixes. But he is to eager to make deals which he thinks makes him a businessman. He is in over his head. He needs to fire his old standard of just making deals and figure out how to look at the big picture and make policy choices that set the country in a right direction rather than run around putting out fires.