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Friday, July 28, 2017

Early Links Show FoxConn Deal Evolving Into a Major Boondoggle

The last time I saw the establishment pull this hard for something as wrong, costly and deceptive, they foisted Paul Ryan on us as Speaker of the House.

Early reports on the deal between electronic sweat shop giant Foxconn and Wisconsin taxpayers as delivered by Foxconn's chief lobbyist and tool, Gov. Scott Walker, reeks of political payback, raw government power, and a government ecosystem rigged by the wealthy donor class to drain tax revenue away from the state's general fund obligations and into their hands.

Plus, most of the hype and the numbers just don't add up.

Below are a few links I felt, that together, had titles self-explanatory enough to get the big picture in a glance.

Warning: Keep a throw-up bucket handy.

Updated 7/31/2017 - 3:50 PM

Journal Sentinel - Foxconn could get up to $200 million in cash a year from state residents for up to 15 years

Wisconsin State Journal - Bill significantly rolls back environmental rules for Foxconn

The Verge - iPhone manufacturer Foxconn plans to replace almost every human worker with robots

Journal Sentinel - Foxconn subsidies could mean heavy borrowing for local municipalities

Think Progress - Scott Walker’s $3 billion fraud

Wonkette - The Four Bullshit Lies Of Trump And Scott Walker’s Imaginary ‘Foxconn’ Factory

MarketWatch - This 1 number sums up why that Foxconn deal is over-the-top bad for Wisconsin

MKE Biz Journal - At least one state offered Foxconn more than Wisconsin's $3 billion

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