CHINA HUB Paul Curtmans wise comments

-----Original Message----- From: Paul Curtman Sent: Sep 2, 2011 1:26 PM To: bj Subject: Re: China Hub (Paul is our 105th House of Representative)
BJ,
There are a lot of issues I have with this, for example, most of the jobs that have been created for this program so far have been for lawyers and consultants paid for compliments of the tax payer. This further puts us behind China as a service industry to their manufacturing industry. Service industry nations can NEVER catch up with manufacturing based nations so why in the world would we even want to think about this? Further more, this does nothing to bring long term jobs, to do that we must create manufacturing jobs so we can continue to supply a global demand for products. In other words, its about time we did something to get more products stamped with "Made in the U.S.A."
The China Hub deal stinks from top to bottom. It involves putting tax payers on the hook for over $350 million dollars worth of transferable tax credits that we are being told are needed to encourage people to invest in the real estate industry as it pertains to storage facilities and warehouses. There is no reliable system of checks and balances to determine who gets these tax credits and a few people stand to profit millions - not from there own labor but straight from the tax credits themselves; I don't think anyone should profit or otherwise benefit from tax dollars except tax payers - for sure no one should be allowed directly pocket our tax dollars. Fredrick Bastiat, an 18th century economist referred to this type of legislative scheme as "legal plunder" because it is a case of the government taking what would otherwise be illegal and creating a law to make it legal.
What really baffles me is that even if we all the tax payers thought it was a good idea, we still don't have a commitment from China and they might not even commit to using the STL region at all. This lack of commitment from the other party means that the legislature and the Governor are about to gamble $350 million of our tax dollars in hopes of provoking China do business, meanwhile, a few others stand to profit greatly from the labor of the citizens buy pocketing tax dollars.

Thanks,
Paul
On Fri, Sep 2, 2011 at 9:15 AM, bj <beejayl@peoplepc.com> wrote:
for what it is worth, this o'lady is AGAINST anything to promote China. unless of course if the playing field for import/export were balanced to keep jobs here, not so attractive to go abroad. Especially not in favor of China Hub when Missouri will be giving them tax credits that will cost the citizens of Mo.