Foxconn Update

[Shaka Shart]

Sorry if this is a repeat thread, but quite the article chronicling the Foxconn project up to date.

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

Feel pretty awful for those who were pushed to move from their homes for big empty unused buildings. Hopefully they find a purpose for them.

[GooooMarquette]

Not just the homeowners, but the WI taxpayers, who were fleeced out of over $4 Billion for unenforceable promises and a couple of photo ops....

[MU82]

Fleece City.

[mu_hilltopper]

Not just the homeowners, but the WI taxpayers, who were fleeced out of over $4 Billion for unenforceable promises and a couple of photo ops....

Very little of the $4b will ever be paid as Foxconn is not meeting the requirements.

It's a fleecing all right .. just not in the billions.

[The Sultan]

Obviously some of the infrastructure upgrades were a necessity.  But most were not.  And of course a bunch of people were displaced from their homes when they didn't need to be.

This was a bad deal from the beginning.

[tower912]

Fox con.

[GooooMarquette]

Fox con.

Shoulda been a clue, eh?

[MUfan12]

[The Sultan]

When everyone was tripping over themselves to be involved.

[JWags85]

When everyone was tripping over themselves to be involved.

I mean, I heard not so limited or quiet clamoring for them to be the name sponsor of the new arena.

[MUfan12]

When everyone was tripping over themselves to be involved.

I wonder where the replica jersey is.

[panda]

https://media3.giphy.com/media/xT5LMNpp6WzmAGZXk4/source.gif

[Golden Avalanche]

Stunned this didn't turn out as advertised. Thanks, Obama.

[Galway Eagle]

Stunned this didn't turn out as advertised. Thanks, Obama.

It is Obama and Evers fault... unless it went well then its Walker and Trumps achievement

[MU82]

When everyone was tripping over themselves to be involved.

Can't believe we got involved with those Marxists.

[mu_hilltopper]

This stuff is pretty amazing:

..the contract former Gov. Scott Walker created with Foxconn included a huge loophole. The company could hire hundreds of employees on a short-term basis, get the state tax credits for capital expenditures and then lay off the workers.

.. that's exactly what Foxconn did, hiring hundreds toward the end of 2019, claiming them on its report to the state for the 2019 year, and then quickly laying the employees off early in 2020.

... none of the employees were hired to work on any actual project, because Foxconn has yet to figure out what it can manufacture successfully in Wisconsin. The company has considered the following businesses: fish farms, exporting ice cream, storing boats, cosmetics, designer handbags, gaming teams, dairy exports, and a project involving "camera-festooned autonomous vehicles."

What a complete cluserf.

[Billy Hoyle]

This stuff is pretty amazing:

..the contract former Gov. Scott Walker created with Foxconn included a huge loophole. The company could hire hundreds of employees on a short-term basis, get the state tax credits for capital expenditures and then lay off the workers.

.. that's exactly what Foxconn did, hiring hundreds toward the end of 2019, claiming them on its report to the state for the 2019 year, and then quickly laying the employees off early in 2020.

... none of the employees were hired to work on any actual project, because Foxconn has yet to figure out what it can manufacture successfully in Wisconsin. The company has considered the following businesses: fish farms, exporting ice cream, storing boats, cosmetics, designer handbags, gaming teams, dairy exports, and a project involving "camera-festooned autonomous vehicles."

What a complete cluserf.

you do know The Onion is sarcasm, right? No way that's real.

[BrewCity83]

Wait--what??  How can camera-festooned autonomous vehicles be classified as a clusterfk?

[GooooMarquette]

Seems like there'd be lots of prestigious, high-paying jobs in boat storage and fish farming....

[Billy Hoyle]

Seems like there'd be lots of prestigious, high-paying jobs in boat storage and fish farming....

Now we know what Walker is doing after being run: exporting ice cream!

[mu_hilltopper]

you do know The Onion is sarcasm, right? No way that's real.

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

Not sarcasm.

[Billy Hoyle]

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

Not sarcasm.

I know. Mine was.

I need to remember to use teal.

[MU82]

This stuff is pretty amazing:

..the contract former Gov. Scott Walker created with Foxconn included a huge loophole. The company could hire hundreds of employees on a short-term basis, get the state tax credits for capital expenditures and then lay off the workers.

.. that's exactly what Foxconn did, hiring hundreds toward the end of 2019, claiming them on its report to the state for the 2019 year, and then quickly laying the employees off early in 2020.

... none of the employees were hired to work on any actual project, because Foxconn has yet to figure out what it can manufacture successfully in Wisconsin. The company has considered the following businesses: fish farms, exporting ice cream, storing boats, cosmetics, designer handbags, gaming teams, dairy exports, and a project involving "camera-festooned autonomous vehicles."

What a complete cluserf.

Can't spell Foxconn without the C-O-N.

https://www.jsonline.com/restricted/?return=https%3A%2F%2Fwww.jsonline.com%2Fstory%2Fnews%2Flocal%2Fmilwaukee%2F2020%2F10%2F19%2Ffoxconn-construction-continues-but-company-silent-hiring%2F3579888001%2F

You know, if only we had a "businessman president," this probably would have never happened!

[tower912]

https://www.whitehouse.gov/briefings-statements/remarks-president-trump-foxconn-facility/

[MU82]

https://www.whitehouse.gov/briefings-statements/remarks-president-trump-foxconn-facility/

"You know, I just realized the other day, they told me — when we won the state of Wisconsin, it hadn't been won by a Republican since Dwight D. Eisenhower in 1952.  Did you know that?  And I won Wisconsin. And I like Wisconsin a lot, but we won Wisconsin. (Applause.) And Ronald Reagan — remember, Wisconsin was the state that Ronald Reagan did not win. And that was in 1952. ... So I had this incredible company going to invest someplace in the world — not here necessarily. And I will tell you they wouldn't have done it here, except that I became President, so that's good. But they wanted to do it someplace now in the United States. And I immediately thought of the state of Wisconsin."

Those were lovely sentiments. Except for the made-up crud ... and it being a scam the entire time that was lovely.