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Tuesday, August 8, 2017

FOXCONN $300M a year giveaway vs $137M Walker deficit in 2011



"I did some research looking at their (Foxconn) California plant. Their assemblers are making $9.20 an hour," Representative Chris Sinicki notes at the public hearing on the Foxconn incentives bill. "Is it possible, Mr. Secretary, then, if they already said that they'd be starting at $20 an hour, can we get that in writing in a bill?" 


State would recoup Foxconn investment in 25 years, estimate shows ... Molly Beck

It would take 25 years for state taxpayers to see a return on the billions Gov. Scott Walker wants to invest in a project that would bring Taiwanese electronics giant Foxconn to Wisconsin, new state estimates show. 
Walker has proposed to give Foxconn nearly $3 billion in refundable tax credits as part of an incentive package state lawmakers are considering to convince the company to build its first U.S. plant in the southeastern part of the state -- a campus that is projected to employ 13,000 and create a supply chain that could employ more than 30,000 statewide.
A new analysis released Tuesday by the nonpartisan Legislative Fiscal Bureau shows taxpayers would pay about $1 billion more than the state received in revenues during the first 15 years of the project, and that the state will start to recoup those payments starting in 2043 -- or a quarter of a century after the project starts. 
That estimated break-even date assumes the workforce produced by Foxconn is 13,000 employees entirely composed of Wisconsin residents. The more out-of-state workers that commute to the plant, the farther away the break-even date will be, according to the analysis.

Foxconn deal goes from bad to bizarre Even the right-wing group Americans For Prosperity thinks proposed deal is stupid - DAVE CIESLEWICZ AUGUST 8, 2017

Let’s review. Even under Foxconn’s own analysis, depending on how many of the estimated 3,000 to 13,000 are actually created, Wisconsin taxpayers would subsidize each job to the tune of $230,000 to almost $1 million. And these jobs would pay about 31 percent of what it would take a family of four to live a normal middle-class lifestyle. (A family of four needs to earn $131,000 to maintain the equivalent of a 1970’s middle-class lifestyle.) It turns out that hourly workers would only make about $41,600 a year, not the $53,000 in initial reports. Apparently, that higher average amount includes all salaries, even high-paid managers. To add injury to insult, the deal would allow the company to move streams, fill wetlands and pollute water without so much as telling us what they might destroy through an environmental impact statement.

Agency estimates: Foxconn tax credits would max out at $312.4 million per year from 2023 to 2026

Those projections are based on the assumption that the company will create 13,000 jobs with an average salary of $53,875 by 2021. 
According to an analysis by the state Department of Transportation, the state would pay $408.3 million in interest from 2019 to 2042 to repay the $252.4 million in borrowing included in the bill for construction on Interstate 94 north-south. That borrowing is contingent on receiving a federal match. 

Walker's idea of bringing economic development to Wisconsin .... $76M from out of state for the elections ?!

In February 2011, WRN reported ...

Wisconsin’s current deficit at $137M

Itemizing the shortfall in the current budget.
The deficit for the state of Wisconsin is $136.7 million for the current biennial budget, according to new figures from the State Budget Office. River Hills Republican Senator Alberta Darling co-chairs the Legislature’s budget committee. “We are looking at a real challenge and the governor has been very clear … we are not going to raise taxes, so this leaves making some really tough decisions based on some really difficult priorities.”

Governor Scott Walker released a breakdown of the numbers, which includes $58.7 million that’s owed to Minnesota for the terminated tax reciprocity agreement, a $153.2 million deficit in Medical Assistance Programs, and $21.7 million deficit in the Department of Corrections.

Today, WSJ, July 26th, 2012

More than $137 million spent in recalls, nearly $81M in Walker race


Candidates, special interest groups and political committees spent more than $137 million on the historic wave of 15 recalls over the last two years, the Wisconsin Democracy Campaign said Wednesday.
Of that amount, nearly $81 million targeted the failed attempt to recall Republican Gov. Scott Walker. It more than doubled the record-setting $37.4 million spent for a statewide office in the 2010 governor's race. And Walker more than tripled his previous spending record, doling out about $36 million leading up to his June 5 recall victory. ...
For all 15 of the recalls in 2011 and 2012, Republican candidates, groups and committees outspent their Democratic opponents $84.5 million to $52.6 million, according to WDC.
And outside special interest groups spent nearly $76 million in the 15 recalls, including $39.8 million by groups that supported the GOP and $36 million by those that backed Democrats.

WI 1848 Forward: #WI Budget $137M Unforeseen Irony: #Deficits vs #Elections 2011-2012 : #wiVote #WiUnion #47%

WI 1848 Forward: #FOXCONN $300M a year giveaway vs $137M #Walker #deficit in 2011

$9.20/hr  ... WI 1848 Forward: #FOXCONN $300M a year giveaway vs $137M #Walker #deficit in 2011


Saturday, July 29, 2017

FOXConn - Is It A Financial Con ? What does LFB say - Legislative Fiscal Bureau


I don't know what the LFB says but a simple analysis says:


  • What's the annual payroll going to be?  My guess $90M for 3000 jobs ... these are only going to be well paying for a few ... even $30000 a year is probably as an average pay ... kind of high.  After all this is to be a manufacturing facility ... mostly robots?
  • An economic multiplier of 3 would boost indirect economic benefit to $270M.
Waving all kinds of safeguards shifts external costs to those proverbial "grandchildren". What will cleanup or even current hazards cost.

The fact that this has to be "fast-tracked" in the legislature means the deal is really not done.  So let's change it and really analyze costs short and long and see how the "grandchildren" are really going to do!  Is the LFB going to really be able to do their job.

BTW - How does Walker and this help the imbalance faced by rural counties?  Last time I checked Kenosha-Racine counties were semi-urban



8/1/2017

No surprise- LFB indicates Fox-con could surpass $3 Billion
Gee, with all of the environmental damage and the massive write-offs and costs that your property taxes will make up the difference for, wouldn’t it be swell to live in the communities around this development over the next few years? UGH!

Can you believe the Ernst & Young study? 

I'm a little skeptical ... this might better be called a"Public Relations" promo piece.  You would think FOXCONN would know their "own facts" ... why does Ernst & Young have to tell them to all of us, including FOXCONN.  It still does not include what is being promised to them and what "skin" they have in the game!

By the numbers: Economic impact study of Wisconsin's Foxconn deal


"The Politics of Resentment" = Scott Walker's political rise == rural resentment against the "liberal elite"


In a real hurry! 8/1/2017




#Walker #Vos WI 1848 Forward: #FOXConn - Is It A Financial Con ? What does #LFB say - Legislative Fiscal Bureau

#Walker #Vos WI 1848 Forward: #FOXConn - Is It A Financial Con ? Do they have any skin in the game?

#Walker #Vos WI 1848 Forward: #FOXConn - Is It A Financial Con ? What does #LFB say : Timeline update video

Sunday, July 16, 2017

Sunday, July 2, 2017

Pence / Kobach Voting Commission to Build List of "Enemies" :) Trump ... it will be HUGE

Anytime huge lists are created you need to wonder and worry about ... "What for!"  I once found out that my name appeared at least 23 times in United Airlines "Frequent Flyer" list, and we were all different individuals by United's criteria.  It is easy to use them as unsubstantiated evidence for blocking you or inconveniencing you because you are on the list ... and have been marked as suspicious. Homeland Security did (probably still does) this kind of thing with no-fly lists.

There is frequently no review and no accountability of someone who may have the authority to "mark" you as "detain and interview".

When you cross this with data from the U.S. Census and/or the IRS ... data which is suppose to be confidential ... it is ripe fro abuse.  Potential intimidation by radical GOP directed bureaucrats should make libertarians, conservatives and those most interested in preserving individual and collective freedoms cringe.


WAPO: Trump’s voting commission asked states to hand over election data. Some are pushing back.

...  “This entire commission is based on the specious and false notion that there was widespread voter fraud last November,” Virginia Gov. Terry McAuliffe (D) said in a statement. “At best this commission was set up as a pretext to validate Donald Trump’s alternative election facts, and at worst is a tool to commit large-scale voter suppression.”
 California, a state Trump singled out for “serious voter fraud,” also refused to participate. Alex Padilla, the California secretary of state, said providing data “would only serve to legitimize the false and already debunked claims of massive voter fraud.” ...
Vice President Pence, who is chairman of the commission, hosted a conference call with the group’s members Wednesday morning, three weeks before they are scheduled to have their first meeting in Washington. During the call, Kansas Secretary of State Kris Kobach (R), the vice chairman, told the other members about the letters. 
A spokesman for Pence defended the letters, noting they seek information that is available publicly under state laws. ...
... “It looks like they’re putting together a database of who people voted for,” said Jason Kander, a former Missouri secretary of state who runs the nonprofit group Let America Vote. “Democrat, Republican, independent, everybody should be outraged by that. This is from the same people, from Kris Kobach to Donald Trump, who’ve tried to make it harder for people to vote, and this seems like a step in the process. If the Obama administration had asked for this, Kris Kobach would be holding a press conference outside the Capitol to denounce it.”...
... Other states have said that they do plan to hand over information, albeit less than the broad sweep outlined in the letters. Wisconsin’s elections commission administrator said that the state would give the public information for the standard $12,500 fee, but was not allowed to release other details such as dates of birth. Ohio Secretary of State Jon A. Husted, a Republican, said his state would be handing over most of the requested information — noting that it is publicly available — though he said they would not provide portions of Social Security numbers and driver’s license numbers because those are not. 
Husted said in an interview Friday that his office had conducted reviews after previous elections, saying that these investigations have determined that “voter fraud exists, it’s rare and we hold people accountable when we catch them.” 
Earlier this year, Husted announced that his office found 82 noncitizens of the United States who illegally voted in a recent Ohio election. According to his office, more than 5.6 million people cast ballots in last November’s general election. 

WI 1848 Forward: #Pence / #Kobach #Voting Commission to Build List of "Enemies" :) #Trump ... it will be HUGE!

WI 1848 Forward: #Pence / #Kobach #Voting Commission on #VoteSuppression #VoterID #Trump ... it will be HUGE!


Friday, June 16, 2017

Bad Choice > Michael Screnock Sauk County judge, Act 10 defender to seek Supreme Court seat

Just another Gableman ...

Wisconsin  State Journal -

Sauk County judge, Act 10 defender to seek Supreme Court seat

Sauk County Circuit Court judge Michael Screnock, who once worked on a team of lawyers to defend Gov. Scott Walker's collective bargaining law against lawsuits, is joining the 2018 race for a seat on the state Supreme Court.
Screnock, who was appointed to his judgeship in 2015 by Walker, announced his bid for the state's highest court Friday — a day after Justice Michael Gableman, whose first term on the court expires in 2018, said he would not be seeking re-election.

Walker Appoints Collective Bargaining, Redistricting Lawyers to Judgeships  Wisconsin Democracy Campaign

June 2, 2015
Republican Gov. Scott Walker has appointed two attorneys to circuit court judgeships who helped the Walker administration and legislative Republicans consolidate power. They defended laws that slashed public employee collective bargaining rights, redrew legislative districts that enabled Republicans to increase their control of the legislature, and require citizens to present a photo ID to vote.
Walker’s appointees are Middleton attorney James Troupis, who will replace a retiring judge on the Dane County bench, and Michael Screnock, a former Michael Best and Friedrich attorney, who will replace a retiring judge on the Sauk County bench.
Screnock has not made campaign contributions to any legislative or statewide candidates, including Walker. Troupis contributed about $27,000 between January 2000 and Oct. 20, 2014, to numerous Republican legislative and statewide candidates and officeholders, but not to Walker.
Both Troupis and Screnock were on a team of lawyers that successfully defended the governor’s effort to sharply cut public employee union bargaining rights before a state appeals court and the Wisconsin Supreme Court. They were also among the lawyers hired in 2011 by majority Republican lawmakers to successfully defend a plan that redrew legislative district boundaries to generally favor Republicans in elections through at least 2020. Troupis also helped successfully defend the state’s voter identification law sought by Walker and legislative Republicans.
A judge?! ... One of the "gerrymanderists" ... becomes a judge and now wants on our Supreme Court ..



WI 1848 Forward: Bad Choice > Michael #Screnock == #Gablemen Sauk County judge, Act 10 defender Supreme Court seat

WI 1848 Forward: Bad Choice > Michael " #Gerrymander " #Screnock Sauk Co judge, Act 10 defender Supreme Court seat

A Bad Idea: To Limit the National #Debt ... Better to Limit Individual #Wealth

What these Wisconsin Legislators want to do for a Constitutional Amendment to limit the national debt is just absurd ...


Imagine emergency spending for disasters ... one part of the country will be pitted against another.

WI 1848 Forward: A Bad Idea: To Limit the National #Debt ... Better to Limit Individual #Wealth

Tuesday, May 23, 2017

Vos announces PayToPlay Center at UWMadison: Tommy G. Thompson Center on Public Leadership



Republicans Announce New Policy Center At UW-Madison
... Assembly Speaker Robin Vos and other top Republicans have announced a new leadership center at the University of Wisconsin-Madison that Vos said will "offset some of the liberal thinking" on campus. 
The speaker’s remarks came as UW-Madison Chancellor Rebecca Blank pledged that the new Tommy G. Thompson Center on Public Leadership would promote nonpartisan research....

Gee sounds unilateral, ahem, mean non-partisan, to me ... hahaha!


PRESS RELEASE In Unprecedented Move, JFC Republicans Allot Millions to Establish Partisan, Conservative Think Tank at UW-Madison Plan allots $500,000 for speakers to appear on other UW Campuses By State Rep. Chris Taylor - May 26th, 2017

MADISON – Yesterday, the Republican-controlled Joint Finance Committee allocated $3 million in state funds in an unprecedented move to use taxpayer money to fund a partisan, conservative think tank at UW-Madison called the Tommy G. Thompson Center on Public Leadership. Republican Assembly Speaker Robin Vos stated in media accounts that this Center was designed to counter “left-leaning” research organizations and “liberal thinking” on campus.
This comes on the heels of a bill Vos is attempting to push through the legislature that unconstitutionally punishes students for exercising their First Amendment rights by the threat of expulsion.
The think tank will actually be controlled by a board dominated by exclusively Republican political appointees without a single Democratic appointment. According to press accounts, UW Political Science Professor Ryan Owens, a former staffer to Governor Thompson who has received funding from the conservative Bradley Foundation, is vying to lead the Center. A significant portion, $500,000, must be used to pay speakers for engagements at other UW campuses.

So you know him when you see him --



#WPR WI 1848 Forward: #Vos announces #PayToPlay Center at #UWMadison: Tommy G. Thompson Center on Public Leadership