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“It is perplexing,” says the letter, that the U.S. government would perpetuate China’s domination of key technology “by actively supporting CCP-backed companies expanding their foothold in the U.S. market, especially in a crucial sector such as lithium-ion battery manufacturing.”
Some politicians are taking notice of the absurdity of subsidizing a Chinese technology company, Gotion. The electric vehicle battery maker is linked to the Chinese Communist Party (CCP) and it recently inked a deal with the State of Illinois to build a $2 billion plant in Illinois.
Equally perplexing is the sheer size of the subsidies, regardless of the recipient. Gotion is qualified to receive $7.5 billion of federal tax credits over five years, as we wrote Wednesday. That’s in addition to $536 million of incentives awarded by the State of Illinois for the Illinois plant, which is expected to employ 2,600 workers. So, Gotion will be gifted over $8 billion for a factory that will cost only $2 billion.
originally posted by: KKLOCO
a reply to: EternalShadow
Short answer: We have no choice in the matter.
originally posted by: EternalShadow
originally posted by: KKLOCO
a reply to: EternalShadow
Short answer: We have no choice in the matter.
Sure we do. Those choices are too much to handle for most. It's been my experience that if you fail to make a choice, a choice will be made for you.
We are currently experiencing the fallout of our collective romance with apathy.
I am watching this post to see what kind of crazy talk the boomers or any other defenders of this crap come
mining lithium is one of the most if not the most toxic process in mining and that is why we let China do it www.wired.co.uk...
originally posted by: EternalShadow
“It is perplexing,” says the letter, that the U.S. government would perpetuate China’s domination of key technology “by actively supporting CCP-backed companies expanding their foothold in the U.S. market, especially in a crucial sector such as lithium-ion battery manufacturing.”
Here's the short of it:
Some politicians are taking notice of the absurdity of subsidizing a Chinese technology company, Gotion. The electric vehicle battery maker is linked to the Chinese Communist Party (CCP) and it recently inked a deal with the State of Illinois to build a $2 billion plant in Illinois.
Didn't we just find a major deposit of lithium i.e."white gold" in an extinct volcano here in the US??
WTF would we hand this over to the fkn Chinese when it's within the CONUS?? I'LL YELL YOU WHY:
DOUBLE OPERATIVE JOE FKN BIDEN
It wasn't enough to sell our SPR to the CCP, or fund a war no one cares about, noooo...now that we clearly have the advantage in minerals, HERE WE FLIPPN GO AGAIN selling out the entire country WITH OUR OWN MONEY TO FUND IT!!!!
Equally perplexing is the sheer size of the subsidies, regardless of the recipient. Gotion is qualified to receive $7.5 billion of federal tax credits over five years, as we wrote Wednesday. That’s in addition to $536 million of incentives awarded by the State of Illinois for the Illinois plant, which is expected to employ 2,600 workers. So, Gotion will be gifted over $8 billion for a factory that will cost only $2 billion.
Our country IS GONE.
We are being systematically looted and gutted by "elected leaders" and this has been the case for decades.
How in TF do 50 representatives in Congress represent $5 BILLION in income spread between them? What's their salary again? ~175,000 a year??? Wtf.
We are truly idiots to fund this while watching it happen! Hell, most times, they give us a heads up and do it anyway regardless. Have we lost our sway, the very last "check" of those checks and balances?? Seems like it.
They're going to build this plant and hire Bidens "dreamers" at a huge discount. Everyone involved aside from American families and workers will make out like a fat cat.
They hate us and want us dead. Look around, read the signs...Think about it.
Rant over.
www.zerohedge.com...
as of now the largest lithium mines on earth are in Western Australia and are co-operated with a Chinese company
originally posted by: EternalShadow
“It is perplexing,” says the letter, that the U.S. government would perpetuate China’s domination of key technology “by actively supporting CCP-backed companies expanding their foothold in the U.S. market, especially in a crucial sector such as lithium-ion battery manufacturing.”
Here's the short of it:
Some politicians are taking notice of the absurdity of subsidizing a Chinese technology company, Gotion. The electric vehicle battery maker is linked to the Chinese Communist Party (CCP) and it recently inked a deal with the State of Illinois to build a $2 billion plant in Illinois.
Didn't we just find a major deposit of lithium i.e."white gold" in an extinct volcano here in the US??
WTF would we hand this over to the fkn Chinese when it's within the CONUS?? I'LL YELL YOU WHY:
DOUBLE OPERATIVE JOE FKN BIDEN
It wasn't enough to sell our SPR to the CCP, or fund a war no one cares about, noooo...now that we clearly have the advantage in minerals, HERE WE FLIPPN GO AGAIN selling out the entire country WITH OUR OWN MONEY TO FUND IT!!!!
Equally perplexing is the sheer size of the subsidies, regardless of the recipient. Gotion is qualified to receive $7.5 billion of federal tax credits over five years, as we wrote Wednesday. That’s in addition to $536 million of incentives awarded by the State of Illinois for the Illinois plant, which is expected to employ 2,600 workers. So, Gotion will be gifted over $8 billion for a factory that will cost only $2 billion.
Our country IS GONE.
We are being systematically looted and gutted by "elected leaders" and this has been the case for decades.
How in TF do 50 representatives in Congress represent $5 BILLION in income spread between them? What's their salary again? ~175,000 a year??? Wtf.
We are truly idiots to fund this while watching it happen! Hell, most times, they give us a heads up and do it anyway regardless. Have we lost our sway, the very last "check" of those checks and balances?? Seems like it.
They're going to build this plant and hire Bidens "dreamers" at a huge discount. Everyone involved aside from American families and workers will make out like a fat cat.
They hate us and want us dead. Look around, read the signs...Think about it.
Rant over.
www.zerohedge.com...
what choices are too hard to handle ?
originally posted by: EternalShadow
originally posted by: KKLOCO
a reply to: EternalShadow
Short answer: We have no choice in the matter.
Sure we do. Those choices are too much to handle for most. It's been my experience that if you fail to make a choice, a choice will be made for you.
We are currently experiencing the fallout of our collective romance with apathy.
i agree that since the internet and smart devices people are lost in la la land but all people are also more informed of goings on than pre-internet social media days
originally posted by: TacoLoco75
You are spot on. I am upset as well. But the fact is that 98% of the citizens in the USA have no clue what you are writing about in your post. They are too busy checking out Instagram , tok tok and what not.
I am watching this post to see what kind of crazy talk the boomers or any other defenders of this crap come
up with. They defend everything else that’s anti USA. I want to see how they defend this.
Those guys at the alphabet agencies are working overtime in the propaganda department to keep most everyone in this country dumbed down.
Go Back to your social media posts and watching sports. You will be subjugated and like it !!!!!a reply to: EternalShadow
im happy to give my tax money away to the poor or lazy because they spend it all here in America and because im invested in the market i get good returns on all those welfare spenders
originally posted by: Duggz
Ya know, If we all stopped paying taxes tomorrow it would change things a lot faster than voting and protesting could accomplish anything.
Just saying.
But please spare me the speech on why others are naturally entitled to the benefits of my labor simply because we breathe the same air. I don't often check responses anyways- refer to first line.