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originally posted by: RedKingBlueQueen
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...
the reason most all the lithium on earth goes to China is because building lithium batteries is hazardous and expensive so if the world wants cheap rechargeable batteries In everything we own then China is it because of lax environmental policies and cheap labor
to build iphone batteries here in America would cost 4 times the amount because of wages and environmental procedures
if you want our electronic batteries devices to cost 150-200 follars $ more then champion for home built lithium batteries
i do believe you are missing much of the overall picture
originally posted by: RedKingBlueQueen
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.
what is your solution then ?