This blog originally founded by Blogger who holds a theological degree and a doctorate in Counseling Psychology. Taught Psychology for 32 years and is now Professor Emeritus. Is a board-certified psychologist and was awarded the Lifetime Achievement Award in his profession. Ministered as a chaplain, and pastored Baptist and Episcopal churches. Publications cover the integration of psychology and theology. Served in the Army, the Merchant Marines and the Peace Corps.

Friday, October 7, 2011

Obama & Solyndra or Perdue & Tire Plant?!

 Originally Posted 9/30/2011


UPDATE
Continental Tire has selected South Carolina for their new plant.

See article in N&;O click here

It appears that "corporate welfare" is the only way to draw new business to a state. Unfortunate that all states don't hold the line and attract industry and new businesses based on their overall business climate, tax rates, labor force availability, etc. Instead, it seems like it's always a bidding war to see which government entity can offer the biggest bribes to a company to relocate to their area.

                                                                                                                   
 See original post following the break.....


In both cases, it appears as if major contributors to their elections are being paid back with government money!

See article in todays NEWS & OBSERVER click here  

A state lawmaker and a group of Democratic political donors with ties to Gov. Beverly Perdue are poised to sell land at a handsome profit for a tire plant that's being lured with $100 million in state and local incentives, according to public records reviewed by The Associated Press.

13 comments:

oatz said...

Pelosi also...

http://www.americanthinker.com/blog/2011/09/huge_green_jobs_loan_given_to_pelosi_brother-in-laws_company.html

Jack said...

Perry also...
Bush also...
Ohio also...
Cheney also...
Wisconsin also...

Political favors and nepotism are neither new nor party-specific.

guy faulkes said...

While Jack is correct about political favors and nepotism not being party specific, I would like to point out Perry, Bush, and Cheney are liberal establishment Republicans and that in all the examples, the people appointed appear to be at least as qualified (if not more so) as the people that were not.

Sarkazein said...

Jack must be commenting about the "CHANGE!" Obama lied about. Jack is proving through his links that anyone that voted for Obama and his goofy "CHANGE!" is a sucker.

Sarkazein said...

Jack name another US company that can do what Halliburton can do.

Reader said...

Looks like SC got the deal and the rest of us got the shaft.

NewGuy said...

Reader...SC may not have "the deal" yet. Continental tire said they still haven't decided.

Reader said...

New Guy, I was reading from another source, so they could be wrong.

http://www.fitsnews.com/2011/09/29/continental-tire-coming-to-sc/

NewGuy said...

Reader...Yes...I THINK SC may have announced something and Continental Tire came back and said "whoa!...we haven't decided for sure!"

There is also another tire plant locating to SC so there could be some confusion.

In either case...where are all the liberals complaining about "corporate welfare"?

Reader said...

I suppose what bothers me most is why are we investing in German made tires and not US? I'm against it New Guy, just for that reason. I doubt you'll hear a peep from the libs on this one.

NewGuy said...

Twenty some years ago I did some business in Akron Ohio which required me to visit there several times and spend a week at a time there. I was surprised to find that nobody in Akron Ohio was making automobile tires at that time.

I was told that the only automobile tires being made in the USA then were some tires made specifically for auto racing at a plant in (I think) Alabama.

I just surfed around the net to see what tires were made here now...from what I found, it appears that appx 80% of the tires sold in the USA are made elsewhere. And it's not consistant within a brand. Some companies are making some lines of tires here but other lines within the same brand are made elsewhere.

It is my belief that a large part of the problem are the burdensome regulations placed upon US businesses - and the cost of labor, taxes, etc within the USA. We need to find ways to reduce these burdens on companies rather than continue to give them financial incentives to relocate overseas.

And various states, bidding against one another to see who can give a company the most tax breaks, is not - in my opinion - a good answer!

Reader said...

I agree New Guy. The regulations could be lifted and therefore create more jobs. The liberals want more and more regulations and they want jobs. Can't have it both ways. Liberals screaming about profits and corporations, what do they think incentives are? Not very intelligent are they?

Anonymous said...

I don't know if the Perdue politics and the possiblity of scandal involving dem politicos profitting from the land sale, had anything to do with it. Probably not...but somehow it just doesn't sit right with me.