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04-02-2010, 03:28 PM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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More good news from "The Steel Valley".
In addition to 1,000 steelworkers returning to work at OAO Severstal last month, now there is this.
http://www.vindy.com/news/2010/feb/1...ion-time-line/
Notice the reference to the National Recovery and Reinvestment Act?
No, it's not doing any good at all.........................
BTW, Pic of the Mill as it stands today, in my avatar. It had stood empty for a few years back in the '80s.
Regards,
Dave
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
Last edited by BlueStreak; 04-02-2010 at 03:36 PM.
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04-03-2010, 10:20 AM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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Isn't that a form of corporate welfare?
Just kidding.
Chas
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04-03-2010, 10:39 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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No, to my mind it is a form of investment in our own industries. If you recheck the article, you'll see that the portion that comes from the Reinvestment Act is $20 million. A small fraction of the nearly $1 billion (In sum total.) the company is investing. If it all works out, it shouldn't be long at all until the federal funds are recovered in the form of increased tax revenues.
Idle factories produce nothing. Operating factories produce goods, jobs, paychecks, and yes, tax revenues for the local, state, and federal governments.
In the valley, they have been waiting for the last 30-35 years for the private sector to create jobs on it's own. 30-35 years of waiting, while everything declined precipitously.
Hence, my belief that Industry and Government working together is what will rebuild this country even if it is, initially, very expensive. You may not agree with that, and that's fine. But do you, at least understand why I think the way I do?
The most important thing to me, is that at long last we begin building industry again and stop tearing it down.
BTW. McCain stopped by there on his campaign tour in '08, and his comment to those people was; "These jobs are gone, gone, gone. And they're never coming back." Sorry, but defeatism like that will NEVER get my vote. Ever.
Regards,
Dave
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
Last edited by BlueStreak; 04-03-2010 at 10:47 AM.
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04-03-2010, 10:59 AM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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Quote:
Originally Posted by BlueStreak
No, to my mind it is a form of investment in our own industries. If you recheck the article, you'll see that the portion that comes from the Reinvestment Act is $20 million. A small fraction of the nearly $1 billion (In sum total.) the company is investing. If it all works out, it shouldn't be long at all until the federal funds are recovered in the form of increased tax revenues.
Idle factories produce nothing. Operating factories produce goods, jobs, paychecks, and yes, tax revenues for the local, state, and federal governments.
In the valley, they have been waiting for the last 30-35 years for the private sector to create jobs on it's own. 30-35 years of waiting, while everything declined precipitously.
Hence, my belief that Industry and Government working together is what will rebuild this country even if it is, initially, very expensive. You may not agree with that, and that's fine. But do you, at least understand why I think the way I do?
The most important thing to me, is that at long last we begin building industry again and stop tearing it down.
BTW. McCain stopped by there on his campaign tour in '08, and his comment to those people was; "These jobs are gone, gone, gone. And they're never coming back." Sorry, but defeatism like that will NEVER get my vote. Ever.
Regards,
Dave
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I agree with your assessment.
And this time, I'm NOT kidding.
Chas
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04-04-2010, 02:16 AM
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Sir Lord Vader of Cheam
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Join Date: Nov 2009
Location: Lewiston, ID
Posts: 5,065
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Quote:
Originally Posted by BlueStreak
BTW. McCain stopped by there on his campaign tour in '08, and his comment to those people was; "These jobs are gone, gone, gone. And they're never coming back." Sorry, but defeatism like that will NEVER get my vote. Ever.
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In general, it is hard for me to dislike McCain. He flew from the same carrier my father served on in Vietnam (prior to it's FRAM refit and my father's service), got an A-4 shot out from underneath him -- twice -- including, once, minding his own business while setting up for an Alpha Strike. I liked his work in Arizona and while being somewhat of a renegade, nationally. But, he sold his soul to the right-wing nutjobs to be nominated and, in private, I bet he knows that.
I don't mind this so-called "defeatism," if the idea is: "So, we're going to re-train you. We're going to reinvest in American exceptionalism. We're going to move forward and YOU"RE COMING WITH US."
But, that's not what happened.
The American Recovery and Reinvestment Act worked and is working. Nobody expected immediate results. Now, dare I say it (to quote a Republican), trickling down, things are occurring.
Excellent.
__________________
"American" means calling everyone who disagrees with you a traitor?
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04-05-2010, 10:31 PM
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Banned
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Join Date: Nov 2009
Location: The Open Border
Posts: 5,126
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Quote:
Originally Posted by BlueStreak
No, to my mind it is a form of investment in our own industries. Regards,
Dave
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You really would be much happier in China...You are such a whack job!
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04-05-2010, 11:41 PM
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Loyal Opposition
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Join Date: Oct 2009
Location: Johnson County, Kansas
Posts: 14,401
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Quote:
Originally Posted by djv8ga
You really would be much happier in China...You are such a whack job!
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Another incisive analysis. How can we be so fortunate to observe such genius?
Regards,
D-ray
__________________
Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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04-06-2010, 08:19 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by d-ray657
Another incisive analysis. How can we be so fortunate to observe such genius?
Regards,
D-ray
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That is because you don't use the ignore feature.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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04-06-2010, 08:50 AM
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Loyal Opposition
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Join Date: Oct 2009
Location: Johnson County, Kansas
Posts: 14,401
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Quote:
Originally Posted by merrylander
That is because you don't use the ignore feature.
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Every once in a while, it's fun to shoot fish in a barrel. Get nostalgic for seventh grade sometimes too.
Regards,
D-Ray
__________________
Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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04-05-2010, 11:52 PM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by djv8ga
You really would be much happier in China...You are such a whack job!
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Off your meds again?
So, I take it they allow you computer access one day a week?
Do you have to trade it for your hour in the exercize yard?
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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