A Government Funded Non-Profit Organization Declares That a Government Funded Project Will Provide *18 – FOLD* Returns to Continue Funding Government!

From The JT:

Commerce association: Foxconn incentives will pay off 18-fold

MILWAUKEE — Every dollar of state incentives for the Foxconn Technology Group project will return $18 in economic impact in Wisconsin within 15 years, according to the Metropolitan Milwaukee Association of Commerce.

MMAC on Friday released its analysis of the projected impact to Wisconsin’s gross domestic product from the $2.85 billion incentive package to entice Foxconn to build an approximately $9 billion manufacturing campus in this state — specifically in Mount Pleasant.

“GDP is the best measure of the value added to the economy,” stated MMAC, which has more than 2,000-member companies supporting more than 300,000 jobs. The analysis is based on the state’s tax credit agreement executed with Foxconn on Nov. 10.

The Foxconn development is projected by MMAC to add $51.5 billion to Wisconsin’s GDP over the 15 years in which the state would pay out $2.85 billion under a fully executed incentive package — assuming Foxconn creates 13,000 jobs.

The above assumption, which is not even part of the contract – which HOPES for perhaps 3,000 jobs at best, is only viable IF: Foxconn creates 13,000 jobs, paying at least $53,000 each.

Repeated for emphasis: IF: Foxconn creates 13,000 jobs, paying at least $53,000 each.

Of course, it will never happen – just like so many other Politically motivated schemes in SE WI – CON – SIN. Such as Machinery Row!

So just who is the Metropolitan Milwaukee Association of Commerce? Why it’s just another taxpayer funded government grant dependent Non-Profit!

Metropolitan Milwaukee Association of Commerce mouthpiece Timothy Sheehy is just another taxpayer funded government shill who will lie to promote the failed Walker Administration. His compensation package depends upon it.

From the most recent publicly available Form 990 on the Internet – it seems that Metropolitan Milwaukee Association of Commerce mouthpiece Timothy Sheehy compensated himself with over $500,000 in wages and nearly $20,000 from others.

The entire 2016 MMAC form 990 is available here: MMAC 990

It needs to be said again –

Metropolitan Milwaukee Association of Commerce mouthpiece Timothy Sheehy is just another taxpayer funded government shill who will lie to promote the failed Walker Administration. His compensation package depends upon it.

While the entire thesis that Foxconn will deliever and 18-fold of return upon investment depends upon:

IF: Foxconn creates 13,000 jobs, paying at least $53,000 each.

Wisconsin Gov. Scott Walker pauses as he speaks at a news conference Monday, Sept. 21, 2015, in Madison, Wis., where he announced that he is suspending his Republican presidential campaign. (AP Photo/Morry Gash)

Who  knows? Sometimes even lightening strikes twice – right? Governor Walker?

Please join Cindy and I is JUST SAYING NO to allowing  Governor Scott Walker, Racine County Executive Jonathan Delagrave,  City of Racine Mayor Cory Mason & MTP President David DeGroot to violate the Wisconsin Constitution (and their Oath of Office) by granting special rights to Corporate interests, stealing people’s property, destroying multi-generational Farms alongside an entire long established Community, loosening environmental protections, permitting heavy metals water pollution, instituting slave labor wages, providing taxpayer subsidies to multi-billionaire Corporations, and politician overreach.

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