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Showing posts with the label Foxconn

Donald Trump and Scott Walker may have perpetrated the biggest political scam in Wisconsin history

Do y'all remember when President Donald Trump and then-Wisconsin Governor Scott Walker promised people in Southeastern Wisconsin that a giant liquid crystal display (LCD) factory by electronics manufacturer Foxconn was going to bring massive amounts of jobs to Wisconsin? Well, Walker was voted out of office by the people of Wisconsin last year, and Louis Woo, a special assistant to Foxconn CEO Terry Gou, is saying that Foxconn may not build the giant factory that Trump, Walker, and Foxconn promised after all: When Terry Gou, founder and CEO of the (Taiwanese) manufacturer Foxconn, came to Wisconsin to celebrate his company's first American factory, he was in a Midwestern state of mind. “This is our home, my home, Wisconsin,” he told an audience including then-Governor Scott Walker in 2017, citing Walker's strong family traditions as a reason he was so eager to work in the state. The deal guaranteed 3,000 factory jobs for Wisconsin workers with Walker and President Trum...

Paul Soglin was for corporate welfare for Foxconn before he was against it

Prior to entering the very large Democratic primary field for Governor of Wisconsin, Paul Soglin publicly opposed Scott Walker's corporate welfare giveaway to Taiwanese electronics manufacturer Foxconn, which will result in billions of dollars of Wisconsinites' taxpayer dollars being used to fund a private corporation. However, just a couple of weeks or so before Soglin publicly compared the Foxconn giveaway to $100 million NFL tickets, he was all in for corporate welfare for Foxconn if they set up shop in Madison , which is the city where Soglin is currently mayor: Madison Mayor Paul Soglin said Thursday he is recommending Taiwanese electronics manufacturing giant Foxconn take over the shuttered Oscar Mayer site or either of two undeveloped sites on the city’s edges for what is believed to be a possible medical-related facility. [...] The mayor said he would be willing to consider offering tax incremental financing for a potential Foxconn project, but he said the...