Drudge Retort: The Other Side of the News

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Thursday, January 18, 2018

A planned Foxconn manufacturing facility in southwest Wisconsin could cost taxpayers roughly $4.5 billion, a state assemblyman said Tuesday. Wisconsin Assemblyman Gordon Hintz (D) told reporters that a memo from the state legislature's fiscal bureau indicated the cost of the facility to the public will likely be higher than the $3 billion Gov. Scott Walker (R) projected last year. ... The $4.5 billion mostly consists of costs to state government through tax credits the state granted Foxconn over a 15-year period.


Tuesday, January 16, 2018

Chip Chip Chip and the granite foundations crumble. It's just a little change preceded by another followed by another. Back to the bad old days! MAGA!


Wednesday, January 03, 2018

According to the White House's own compilation and more recent announcements, only 16 companies in the S&P 500 have responded to the tax overhaul by raising wages, handing out bonuses or improving employee benefits. The wage hike and additional charitable giving will cost Wells Fargo about $215 million in 2018, according to investment bank KBW. That represents just 5% of Wells Fargo's total estimated earnings benefit from the tax overhaul, KBW estimates. "It's a token compared with what companies are actually saving. Where is the rest of the money going?" said Jeffrey Sonnenfeld, senior associate dean at the Yale School of Management. read more


Sunday, December 31, 2017

The $3 billion incentive package used to lure Foxconn to Wisconsin to build a giant factory was only the beginning. Associated sweeteners have now grown to more than $4 billion -- adding in the cost of local government incentives and various infrastructure projects, like roads and highways, sewer and power lines. ... "It's way too much money and it never seems to stop growing," [Democratic state Rep. Dana] Wachs told CNNMoney this week. "It just keeps on taking from Wisconsin taxpayers. There is a substantial negative reaction to this deal all over the state. I can't go in the grocery store without people stopping me to talk about this issue."


Comments

Which leads to the following

1) Most criminal law is state based. For a crime to be federal it must meet certain criteria

2) State Legislatures set the classification of crimes

3) By using demographic data legislatures can not only choose which CRIMES should be felonies for a straight law and order perspective but can choose which PEOPLE they want charged with felonies.

4) By elevating the severity of crimes committed by one demographic group and/or lowering the severity of similar crimes committed by another demographic group and even by changing sentencing lengths they can directly affect the pool of eligible voters

Example: In Wisconsin once you complete your sentence your voting rights are restored. Crack and Meth tend to be more prevalent in African American Communities. Heroin and Powder Cocaine are more prevalent in the white flight suburbs. Crack and Meth carry longer sentences than heroin and powder cocaine. As a result while conviction rates are similar in both communities, since one group spends longer prison terms, more of them are disenfranchised.

It works like this: Year 1: 100 group A get sentenced to 3 years 100 Group B get sentenced to 5 Years. Year 2: 100 group A get sentenced to 3 years 100 Group B get sentenced to 5 Years. Nobody gets out. Year 3: 100 group A get sentenced to 3 years 100 Group B get sentenced to 5 Years. Nobody gets out. Year 4: 100 group A get sentenced to 3 years 100 Group B get sentenced to 5 Years. 100 group A get out. 300 Group A are in Prison 400 Group B. Year 5+: 100 group A get sentenced to 3 years 100 Group B get sentenced to 5 Years.100 Group A get out. 300 Group A are in Prison 500 group B are in Prison.

Net effects:
1) Less eligible voters from Group B
2) Higher prison population from Group B

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