Richard Shelby (R-AL) has Toyota and Honda plants in is State?

[SHRED]

And how about these guys?
Any of them have foreign car makers interests?

Jim DeMint (R-SC)
Sen. John Ensign (R-NV)
Tom Coburn (R-OK)
David Vitter (R-LA)

Is this why Shelby is so opposed to the Big 3 loan? He hates the competition?
And doesn't his state subsidize those foreign owned plants?
Didn't he support this?

Anyone have the hypocrisy goods on these jokers?


GOP senators voice opposition to auto bailout
Republicans revolt as House begins procedural votes on the loan package
http://www.msnbc.msn.com/id/28108346/

---

[DainBramaged]

1. Alabama GAVE nearly ONE BILLION DOLLARS of concessions to the transplants

to locate there.

[SHRED]

2. Wow...and Shelby squawks about "free market"?

---

http://en.wikipedia.org/wiki/Honda_Manufacturing_of_Alabama

http://en.wikipedia.org/wiki/Toyota_Motor_Manufacturing_Alabama


---

[HereSince1628]

4. Pay to Play has many versions

Some call these things "incentives."

[DainBramaged]

5. Some call these things bribes.

[HereSince1628]

7. Yes, but we can't get a US AG to arrest an entire state for something

that has over 50 years of history in the south.

[DainBramaged]

10. (sigh) we are talking about abject hypocrisy here

by an elected official of the US Government, who turns his back on Domestic corporations in favor of Foreign competition. Some would call that treason. Oh, and if you agree with Shelby, our conversation is done.

[HereSince1628]

15. I never said I agreed with Shelby. I've watch the jobs go south and then out of the country

for 80% of my life. I was not quite 10 when I saw my hometown, Elgin, Illinois devastated when its major employer, The Elgin Watch Co. was "induced" to go south. Elgin Watch was to Elgin what GM was to Flint Michigan.

My point is only this: the south has displaced northern jobs with their incentive programs (you can call them bribes if you want, it's a disctinction without difference as far as I'm concerned). But,the regional raiding has gone on for more than 50 years, and all the nation did was call the people losing their jobs whiners who were overpaid.

The raiding has gone on so long that people in the south see supporting industrial plants in their regions at the expense of industrial jobs elsewhere (mostly the rustbelt) as natural, right, and an obligation of their politicians, both Democrats and Republicans.

[madrchsod]

3. honda,hyundai,and mercedes benz

nissan moved to canada because they could`t find quality assemblers.

http://www.aama.to/pressstudy.asp

http://www.detnews.com/apps/pbcs.dll/article?AID=/20081121/AUTO01/811210365

[DainBramaged]

6. hypocrisy

"Alabama paid $175,000 per employee to create those jobs there," he said. "It just seems odd to us that we can help the financial institutions in this country -- that we can offer incentives to our competitors to come here and compete against us -- but at the same time we're willing to walk away from an industry that is the backbone of our economy."

[madokie]

8. Coburn is nothing more or less that a nut

[City Lights]

9. BMW has a manufacturing plant in SC.

In March of 2008 they announced an additional $750 million expansion, bringing their total investment in SC to $4.4 billion. SC has given BMW $130 million in tax breaks and perks.

[DainBramaged]

11. I wonder how long it will be before these Transplants start asking the States

hat in hand for more 'concessions' unless they have to move or shut down?


We are being played, and Shelby and his gang of toothless wonders don't see it.

[BR_Parkway]

14. That's pretty standard economic development model in the south

we hand out outrageously to land them, then print it up in the news papers what great folks we are at recruiting (somehow, the next company isn't going to want those breaks, because they see how great our area is, how ready our workforce.....)

And just before whatever was given is set to expire, rumors start of Company X moving. Of course, Company X has been out scouting sites and being courted by every other economic development office - and the Company simply plays one off the other to see how comes up with the best deal. Sometimes they stay, many times they move - with the new area paying the cost of "modernizing" the Company so it can be competitive.

You should see how much we're giving Google to build a server farm 30 miles from where I'm sitting - over $100,000,000 in incentives given - so we can add 210 jobs. 476,190 per job

[pampango]

16. It's pretty standard for major league sports teams who routinely practice extortion

by threatening to leave a city or state, if public funds aren't used to build new stadiums worth hundreds of millions of dollars.

There should be a law that prevents cities and states from "bribing" private enterprises whether they are Toyota or the White Sox to locate in their jurisdiction. A company (or sports team) should choose a location based on economic factors not bribes. They would all end up locating somewhere in the US and and we wouldn't be subsidizing them in the process. My wife is a city planner and new companies (foreign and domestic) considering coming to our city always ask about tax breaks and other incentives. The bigger they are and the more people they are likely to hire, the more leverage they have to "extort" these concessions. The same thing occurs after a few years when they consider relocating outside the city.

[ilrslr3]

12. Tom Coburn is CRAZY!

There is no auto plant in Oklahoma City, GM closed in 2005 and the Dayton Tire Plant were my husband use to work closed in 2006.

[City Lights]

13. Tiger Truck opened a plant in OK last July.

Tiger Truck Opens In Poteau

300 Jobs Created; CEO Cites Tax Incentives and Hospitality

July 31, 2008 -- Tiger Truck LLC celebrated the grand opening of its new assembly plant and headquarters in Poteau Thursday, July 31. The new facility means:

:redbox: Three hundred new jobs in this town of 8,000, located in southeastern Oklahoma near the Arkansas state line.

:redbox: In a reversal of recent trends, the United States is securing jobs from China. Tiger is the first truck manufacturer of Chinese heritage vehicles in the United States.

:redbox: The plant will be home to the first e-coat paint plant in the nation. Often regarded as the best in the world, the world-class paint finish is three times more durable and rust resistant than most vehicles' finishes.

The assembly plant is located in a 150,000-square-foot space formerly occupied by Emerald Plastics. Tiger is investing $25 million into the facility.

Tiger Truck assembles vehicles designed by ChangAn Automobile Group, China's third largest vehicle manufacturer. The Poteau plant will have the capacity to manufacture 7,500 vehicles per year.

"With daily news about a sluggish U.S. economy and jobs being sent overseas, Tiger Truck is particularly pleased to counter that trend by bringing jobs and business to the United States," says Michael S. Ward, Founder and CEO of Tiger Truck.

More...