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State Capitalism

Daily Bread for 12.11.21: A Christmas Gift For, and About, Scheming Development Men

Good morning. Saturday in Whitewater will see snow this morning, of little accumulation, on an otherwise cloudy day with a high of 36.  Sunrise is 7:16 AM and sunset 4:20 PM for 9h 04m 43s of daytime.  The moon is a waxing gibbous with 55.4% of its visible disk illuminated.  On this day in 1901, Morris Pratt…

Foxconn’s Venture Capital Fund

Bruce Murphy has a solid assessment of Foxconn’s much-touted (by Foxconn) venture capital fund in About That Foxconn Venture Capital Fund. It’s well worth reading in full. A few key points: Unfulfilled: Louis Woo of Foxconn had promised this venture fund for startup companies would naturally connect to Foxconn’s innovation centers in Eau Claire, Green Bay…

After Years of Promises, Foxconn Will Think of Something…by July

Years of claims, promises, declarations, announcements (and private homes destroyed along the way), and yet Foxconn still needs a bit of time to think of something to make. Just give ‘em a sec, they come up with something by July: Liu said that the company will announce what it will make in Wisconsin before July.…

Highlight’s from The Verge’s Foxconn Assessment

No failure better reveals the bankruptcy of corporate welfare in the Walker and Trump years than the Foxconn project in Wisconsin: exaggeration upon exaggeration, but nothing productive. This was a failure of judgment so obvious and significant that everyone involved should retire from policymaking. Walker Administration, Trump Administration, the WISGOP, the WEDC, down to Whitewater’s Community…

Accountability Comes Calling at Foxconn

After years of grandiose – ludicrous, truly – claims about Foxconn from Trump to Vos to boosters in Whitewater, Accountability has made her way to Foxconn. If not Accountability personified, then at least Missy Hughes (the new, Evers-appointed leader) of a slightly-reformed WEDC. Josh Dzieza of the national publication The Verge reports Wisconsin denies Foxconn tax…

What the New Dealers Got Right – What Whitewater’s Local Notables Got Wrong

There’s sound reason to doubt that the New Dealers’ economic solutions to the Great Depression were effective, but there’s no doubt that Roosevelt’s Brain Trust was hard-working, smart, and candid in its description of America’s economic problems. For a critical assessment of the New Deal, written accessibly, see The Forgotten Man: A New History of…

Foxconn: ‘Innovation Centers’ Gone in a Puff of Smoke

Trump insisted Foxconn in Wisconsin would be the eighth wonder of the world, and smarmy development men in places like Whitewater spoke about how much would come of the project, but in a puff of smoke that project’s ‘innovation centers’ are gone. Nick Statt reports Foxconn finally admits its empty Wisconsin ‘innovation centers’ aren’t being…

Foxconn on the Same Day: Yes…um, just kidding, we mean no

One reads that in the course of a single day, Foxconn changed its plans for a major building at its Wisconsin site. Corrine Hess reports In A Day, Foxconn Changes Course, Plans To Build Different Mount Pleasant Building: This flashy building? Sorry, Wisconsin, you’re not getting this. Illustration via Mount Pleasant Development Dept. Foxconn’s plans to build a…

Foxconn: First In, Now Out

One reads that Christopher ‘Tank’ Murdoch, the first Wisconsin resident hired by Foxconn, has left the company: Christopher “Tank” Murdoch, the first Wisconsin resident hired by Foxconn Technology Group and an honored figure at last year’s groundbreaking for the firm’s planned flat-screen factory, has left the company. In a brief interview, Murdoch said he left…

Foxconn: Hey, Wisconsin, How About an Airport-Coffee Robot?

In Whitewater, there’s a top-notch think tank right-wing landlord’s business group that flacked Foxconn both privately and through that group’s sway over the Whitewater Community Development Authority.  The group invited a state operative to spin Foxconn as a tech city of gold, and at the Whitewater CDA one could hear fantastic tales of high-tech wonders…

F. James Sensenbrenner Heads for the Exit

One reads that F. James Sensenbrenner, the pro-Trump septuagenarian multimillionaire congressman from a gerrymandered district that stretches all the way down to Whitewater, is retiring when his current term ends. Consigned to the minority forever must look unappealing. How time flies! It was not long ago that then-chairman of the Whitewater Community Development Authority was scampering…

It Shouldn’t

Anna Clark (author of The Poisoned City: Flint’s Water and the American Urban Tragedy) asks Why should Wisconsin drain Lake Michigan for Foxconn?: The Great Lakes — five inland seas holding one-fifth of all the fresh water on Earth — are vast, but they are not limitless. So it is alarming that Wisconsin intends to send…

Foxconn: Independent Study Confirms Project is Beyond Repair

[embeddoc url=”https://freewhitewater.com/wp-content/uploads/2019/08/Costs-and-Benefits-of-a-Revised-Foxconn-Project.pdf” width=”100%” download=”all” viewer=”google”] Previously: 10 Key Articles About Foxconn, Foxconn as Alchemy: Magic Multipliers,  Foxconn Destroys Single-Family Homes, Foxconn Devours Tens of Millions from State’s Road Repair Budget, The Man Behind the Foxconn Project, A Sham News Story on Foxconn, Another Pig at the Trough, Even Foxconn’s Projections Show a Vulnerable (Replaceable) Workforce, Foxconn in Wisconsin: Not So High Tech After All, Foxconn’s Ambition…

Town Residents Claim Trump’s Foxconn Factory Deal Failed Them

The project has failed those residents, as it has failed Wisconsin, and become a cautionary tale for the rest of America. Previously: 10 Key Articles About Foxconn, Foxconn as Alchemy: Magic Multipliers,  Foxconn Destroys Single-Family Homes, Foxconn Devours Tens of Millions from State’s Road Repair Budget, The Man Behind the Foxconn Project, A Sham News Story on Foxconn, Another Pig at the Trough, Even Foxconn’s…