tag:blogger.com,1999:blog-2481053445293173582.post1061209802848916937..comments2024-03-28T19:34:12.281-04:00Comments on Not of this World: Trump and CarrierEd Bonderenkahttp://www.blogger.com/profile/03724552853113809036noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-2481053445293173582.post-14911146635353319522016-12-05T17:50:44.766-05:002016-12-05T17:50:44.766-05:00Who knows what the reality of the situation is? Bo...Who knows what the reality of the situation is? Bottom line is 800-1000 jobs are staying in the US. That is a good thing for those people.Old NFOhttps://www.blogger.com/profile/16404197287935017147noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-28640940732362676632016-12-04T11:40:33.612-05:002016-12-04T11:40:33.612-05:00I replied to his comment.I replied to his comment.Ed Bonderenkahttps://www.blogger.com/profile/03724552853113809036noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-5486374735561384222016-12-04T09:11:06.975-05:002016-12-04T09:11:06.975-05:00See this recent comment by Warren. He lives in In...See <a href="http://alwaysonwatch3.blogspot.com/2016/12/recommended-reading.html?showComment=1480822499035#c7496123143408141358" rel="nofollow">this recent comment</a> by Warren. He lives in Indiana.Always On Watchhttps://www.blogger.com/profile/08192688822955022541noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-39253689518435985062016-12-04T03:50:43.081-05:002016-12-04T03:50:43.081-05:00I saw the Eric Bolling argument I think, where he ...I saw the Eric Bolling argument I think, where he was showing Juan Williams a whiteboard. It's true that the Carrier deal is helpful but the point is that it's not fair to Carriers competitors in the state, if they exist.Ed Bonderenkahttps://www.blogger.com/profile/03724552853113809036noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-23964150338036293792016-12-03T21:24:41.404-05:002016-12-03T21:24:41.404-05:00So-called "free trade" as it's been ...So-called "free trade" as it's been employed for the past several decades hasn't been free at all -- according to one of my brilliant, non-blogging friends. She maintains that it's been pretty much crony capitalism.<br /><br />We should have trade that benefits us instead of propping up foreign entities, IMO.<br /><br />It's gonna take a while to dig through all the fog and ascertain the reality.Always On Watchhttps://www.blogger.com/profile/08192688822955022541noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-10707148222918762552016-12-03T21:20:55.383-05:002016-12-03T21:20:55.383-05:00Related:
Eric Bolling thinks Carrier deal is awes...Related:<br /><br /><a href="http://www.bizpacreview.com/2016/12/03/eric-bolling-thinks-carrier-deal-awesome-destroys-arguments-doubters-like-sarah-palin-419463" rel="nofollow">Eric Bolling thinks Carrier deal is awesome, so he destroys arguments from doubters like Sarah Palin</a>.Always On Watchhttps://www.blogger.com/profile/08192688822955022541noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-11286961774675368742016-12-03T19:04:40.633-05:002016-12-03T19:04:40.633-05:00Well Ok, but they're both ball bearing compani...Well Ok, but they're both ball bearing companies.Kidhttps://www.blogger.com/profile/08489102988684859463noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-63690096838707042232016-12-03T16:11:45.503-05:002016-12-03T16:11:45.503-05:00Indiana has a number of ball bearing companies.
Sa...Indiana has a number of ball bearing companies.<br />Say one, Rexnord, doesn't get a break, but pays full tax.<br />That tax money then becomes a larger competitive burden to them than the burden on Hoover.<br />It could be said that Hoover is now subsidizing Rexnord by government fiat. And Rexnord is moving.<br />Gee, I wish I knew a former ball bearing sales rep from Indiana that could comment on this.<br /><br />Ed Bonderenkahttps://www.blogger.com/profile/03724552853113809036noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-27645357088960134732016-12-03T16:02:24.346-05:002016-12-03T16:02:24.346-05:00You could be right Ed. I just don't see it ha...You could be right Ed. I just don't see it happening often. I'm looking at it as a need situaion. If a person needs unemployment pay for aw while, you don't send everyone a check. This industry may need a hand up while someone like Apple, Inc, has cash squirting out their ears.Kidhttps://www.blogger.com/profile/08489102988684859463noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-34395208845804444462016-12-03T15:54:10.424-05:002016-12-03T15:54:10.424-05:00"but you can't give a break to all the co..."but you can't give a break to all the companies all the time."<br />I think you can. And should. Otherwise it smell and looks fishy.Ed Bonderenkahttps://www.blogger.com/profile/03724552853113809036noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-22880615632842822742016-12-03T15:52:30.865-05:002016-12-03T15:52:30.865-05:00We shouldn't have to be guessing. There should...We shouldn't have to be guessing. There should be some transparency, and consistency.<br />I'm glad these Carrier folk kept their jobs, too.<br />But tax incentives that are not across the board for all players means that one company's taxes (no incentive) are subsidizing another's (incentive), perhaps their competition.Ed Bonderenkahttps://www.blogger.com/profile/03724552853113809036noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-10692640597543044552016-12-03T15:47:26.239-05:002016-12-03T15:47:26.239-05:00His "warning" gives me pause.
I do not w...His "warning" gives me pause.<br />I do not want a "Mussolini".<br />But I do want consistent tax policy that deals with ALL businesses fairly.Ed Bonderenkahttps://www.blogger.com/profile/03724552853113809036noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-3432551756558691022016-12-03T15:38:52.215-05:002016-12-03T15:38:52.215-05:00I wasn't aware and I appreciate you bringing i...I wasn't aware and I appreciate you bringing it up.<br />I find it hard to believe tax policy (state level) did not affect the one plant, may not have been enough for the second. And if the Rexnord plant didn't get a break, well, see my comment on mop factory vs auto plant.<br />We need a consistent tax policy, not a reactive one.Ed Bonderenkahttps://www.blogger.com/profile/03724552853113809036noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-56673461180865984372016-12-03T15:35:56.210-05:002016-12-03T15:35:56.210-05:00Well, it seems to me that You can give a break to ...Well, it seems to me that You can give a break to all companies some of the time, some of the companies all the time, but you can't give a break to all the companies all the time.<br /><br />Anyway, Other than corporate tax cuts I don't know of a situation where all companies in a state were given state incentives. It seems like this is SOP. ?<br />Kidhttps://www.blogger.com/profile/08489102988684859463noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-64446612364457070092016-12-03T15:35:52.514-05:002016-12-03T15:35:52.514-05:00I'm curious exactly what if anything was done ...I'm curious exactly what if anything was done by Trump.<br />I hope someday to hit the range with you, and not golfing, either.Ed Bonderenkahttps://www.blogger.com/profile/03724552853113809036noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-9886985575355339422016-12-03T12:34:27.269-05:002016-12-03T12:34:27.269-05:00I see no problem with STATE tax incentives at all....I see no problem with STATE tax incentives at all....if ALL get them. Obviously, companies had better well show their obvious preparation for a move to Mexico before they come with their hands out.<br />This could also just get companies to think twice...it's possible.<br /><br />That Sarah Palin calls it anything makes me believe in Trump's policy all the more. I believe the best thing about her criticizing this is that she might have talked herself out of a possible cabinet position (thank the Lord)..unless Trump continues to court those who most roughly criticize him?<br /><br />We need to stop guessing, even acting like we know more than Trump or Carrier or Indiana, on this deal...see what happens the next time a company speaks up.<br /><br />I'm glad so many Carrier employees have their jobs to look forward to. No down side to that.Zhttps://www.blogger.com/profile/15989573357446569262noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-19183129253878346572016-12-03T11:19:47.284-05:002016-12-03T11:19:47.284-05:00I hear today that Trump is warning Rexford not to ...I hear today that Trump is warning Rexford not to move out of Indiana and move to Mexico. 300 jobs.<br /><br />If he warns all businesses, are these measures still crony capitalism?Always On Watchhttps://www.blogger.com/profile/08192688822955022541noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-73795610084396793352016-12-03T10:08:39.415-05:002016-12-03T10:08:39.415-05:00oh, neglected to mention Carrier also still plans ...oh, neglected to mention Carrier also still plans to close a second plant in Huntington, Ind., shifting another 700 jobs to Mexico. <br /><br />The liberal(LMAO) media doesn't seem to be reporting the full story.Ducky's herehttps://www.blogger.com/profile/14608115001116619877noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-41928103003778524182016-12-03T10:05:10.021-05:002016-12-03T10:05:10.021-05:00First thing to remember is that we have no idea wh...First thing to remember is that we have no idea why Carrier stopped the move. It was not due to a $700,000 a year for 10 years tax break. Something else is involved so best to hold fire till you know.<br /><br />Six hundred Carrier jobs are still moving.<br />The nearby Rexnord plant with 300 jobs is moving.<br /><br />So this looks like a one off and not the start of any effective policy.<br /><br />In other words, so far we have no reason to believe it is anything but kabuki for the press. Mark my words -- It has NOTHING to do with tax policy.<br />Ducky's herehttps://www.blogger.com/profile/14608115001116619877noreply@blogger.comtag:blogger.com,1999:blog-2481053445293173582.post-45410280538536713222016-12-03T08:52:22.987-05:002016-12-03T08:52:22.987-05:00we didn't like it when obama did it, but appar...we didn't like it when obama did it, but apparently using the strong arm of the government is ok for some folks if its done by someone wearing the right jersey. <br /><br />BTW, busy is good. Me too.DaBladehttps://www.blogger.com/profile/16160781062081889980noreply@blogger.com