SC

Another Boeing Handout …

Courtesy of their corrupt elected officials, South Carolina taxpayers have already given aircraft manufacturer Boeing $900 million worth of taxpayer-funded incentives. On top of that Boeing gets subsidies courtesy of the U.S. Export-Import Bank not to mention billions of dollars annually in federal defense contracts. But hey, the company is…

Courtesy of their corrupt elected officials, South Carolina taxpayers have already given aircraft manufacturer Boeing $900 million worth of taxpayer-funded incentives. On top of that Boeing gets subsidies courtesy of the U.S. Export-Import Bank not to mention billions of dollars annually in federal defense contracts.

But hey, the company is lining the pockets of South Carolina politicians with campaign contributions … so whatever Boeing wants, Boeing gets.

In fact less than two weeks after stroking S.C. Gov. Nikki Haley a $2,500 check, the governor will sign legislation authorizing another $120 million in subsidies for the company. In fact this latest “incentive” – news of which was broken exclusively by FITS – is pure debt associated with capital projects (i.e. buildings).

Never mind that its latest airplane can’t seem to stop catching on fire … or the fact that every time Palmetto State leaders approve new tax breaks for the company somebody else has to pick up the tab.

And never mind that your business isn’t getting a dime for its capital projects … (in fact, the shrinking of the tax base associated with these massive incentive deals means your business will likely have to pay more).

Such is the new reality of crony capitalism in America … where bought-and-paid for politicians give away hundreds of millions of tax dollars at breakneck speed with no accountability, little transparency and virtually no discussion of the consequences of their actions.

In fact consider this … earlier this week it was revealed that S.C. Senate Finance committee chairman Hugh Leatherman (who knows all about getting his bread buttered) commissioned yet another lengthy committee process to study the merits of parental choice legislation.

Never mind that this issue has been debated for the last decade in South Carolina – during which time every other state in the nation has passed some sort of choice bill.

Anyway, while Leatherman continued stalling on choice … Boeing got its bailout pushed through the Senate in less than 48 hours.

Less that forty-eight hours, people.

That’s how “democracy” works in South Carolina, people … assuming you can pay for it.

Speaking of, apparently the best these “Republicans” can do on tax relief for small businesses and individual taxpayers (i.e. the rest of us) is to discuss the possibility of giving a few dollars back … and only if there’s enough money left over. For example in her FY 2013-14 budget, Haley proposed a whopping $29 in tax relief for the average Palmetto State filer … but only if there was a budget surplus.

And the beat goes on (bada boom da doom dada) …

UPDATE: Props to South Carolina Senator Tom Davis, who argued passionately from the floor of the State Senate this week against the approval of this latest Boeing bailout. Also, props to Senators Lee Bright, Kevin Bryant, Thomas Corbin, Shane Martin and Danny Verdin – who joined Davis in voting against the package. Meanwhile, click here for a recap of those who voted the wrong way.

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28 comments

BigT April 11, 2013 at 11:21 am

FITS: Where is your outrage over the 50 million on food stamps? What about the Obama Adminsitarons to dispose of work requirements for Welfare?
What about Obama spending $180,000 an hour to fly around on AF-1 but he curtails training of our Air Force????
Boeing gives back in jobs and production.
Your Leftwing socal programs, or Obama’s sitting on his LAZY @$$, while revenues dwindle because of his horrible unemployment rate, costs us exponentially.
Lay-off this JOB-PRODUCER…Rome is buring, and you want to roast weenies…Dumb@$$…

Reply
Cindy Lockerford April 11, 2013 at 2:10 pm

I often let myself go into a nice dream state of unicorns, fairies, and glamoroursly drift away.

Reply
BigT April 11, 2013 at 11:21 am

FITS: Where is your outrage over the 50 million on food stamps? What about the Obama Adminsitarons to dispose of work requirements for Welfare?
What about Obama spending $180,000 an hour to fly around on AF-1 but he curtails training of our Air Force????
Boeing gives back in jobs and production.
Your Leftwing socal programs, or Obama’s sitting on his LAZY @$$, while revenues dwindle because of his horrible unemployment rate, costs us exponentially.
Lay-off this JOB-PRODUCER…Rome is buring, and you want to roast weenies…Dumb@$$…

Reply
Cindy Lockerford April 11, 2013 at 2:10 pm

I often let myself go into a nice dream state of unicorns, fairies, and glamoroursly drift away.

Reply
jimlewisowb April 11, 2013 at 11:23 am

Another great post by fitsnews

Boeing is turning out to be a great ally of South Carolina and even more so to the People’s Governor Nikki Haley

A $2500 check from Boeing to the People’s Governor pales in comparison to the over $2,000,000 she already has in her campaign bank but in her fight for equality and justice for all taxpayers every penny, nickel and dime counts

It is a shame indeed when the taxpayers of South Carolina can only come up with only $120,000,000 for the Boeing Executives and Stockholders back in the State of Washington.

Boeing is doing so much for this State. Perhaps the People’s Governor via her Original Six Foundation can encourage school children across the State to collect at least 1 day’s lunch money per week for the entire school year and send it to the taxpayer’s friends at Boeing.

Surely no child will perish from missing just one hot meal a week and Boeing could use the funds to make our State and the People’s Governor even more cherished.

A little stomach ache for a day is small price for a child to pay to be part of such greatness.

Reply
JLOwb is an idiot April 11, 2013 at 11:34 am

You and Big T. Idiots. Dumbasses. Clowns. Pathetic.

Reply
jimlewisowb April 11, 2013 at 11:44 am

As usual your comments are right on
Keep up the good work
have a blessed day

Reply
BigT April 11, 2013 at 11:47 am

You are just one of those vapid, Brain Dead Liberals…who can attack…but you NEVER offer any substance…Because if you put up any defense to Obama, and the rest of your IGNORANT dogma….you’d reveal yourself for the fool you are…is that not right?
PS: JLOWB actually votes, in effect, like you want his stupid @$$ to.. So it may be smart not to bash him.. People like him result in the idiot-in-charge in the White House…

Reply
Brain Dead Liberals® April 11, 2013 at 1:32 pm

Easy, T! Too much substance in your work. Us laymen need a second to catch up with it all…

Reply
jimlewisowb April 11, 2013 at 1:37 pm

thanks BigT for acknowledgement of my voting

if you truly had access to my voting record you would see that I voted Red last two elections
however I do plan to vote for Mr. Sheheen this time around
regardless, you keep up the good work
have a blessed day

Reply
BigT April 11, 2013 at 11:35 am

Hey Dumb@$$…raising money is part of getting elected.
Obama is awash w/ money…and he is taking mine,..and delivering a horrible product..
I have not heard you whining about Sanford…the cheating weasel is bathing in campaign money, after he robbed us blind for 8 years..
I may not be a Haley fan, but you self-called libertarians and leftwing @$$-Kissers..have got a long way to get right. So STFU..you idiot..
PS: Are you still odering from the kiddie meal, and wearing a bib, at BOB…???

Reply
jimlewisowb April 11, 2013 at 11:43 am

thanks for your compliments
have a blessed day

Reply
jimlewisowb April 11, 2013 at 11:23 am

Another great post by fitsnews

Boeing is turning out to be a great ally of South Carolina and even more so to the People’s Governor Nikki Haley

A $2500 check from Boeing to the People’s Governor pales in comparison to the over $2,000,000 she already has in her campaign bank but in her fight for equality and justice for all taxpayers every penny, nickel and dime counts

It is a shame indeed when the taxpayers of South Carolina can only come up with only $120,000,000 for the Boeing Executives and Stockholders back in the State of Washington.

Boeing is doing so much for this State. Perhaps the People’s Governor via her Original Six Foundation can encourage school children across the State to collect at least 1 day’s lunch money per week for the entire school year and send it to the taxpayer’s friends at Boeing.

Surely no child will perish from missing just one hot meal a week and Boeing could use the funds to make our State and the People’s Governor even more cherished.

A little stomach ache for a day is small price for a child to pay to be part of such greatness.

Reply
JLOwb is an idiot April 11, 2013 at 11:34 am

You and Big T. Idiots. Dumbasses. Clowns. Pathetic.

Reply
jimlewisowb April 11, 2013 at 11:44 am

As usual your comments are right on
Keep up the good work
have a blessed day

Reply
BigT April 11, 2013 at 11:47 am

You are just one of those vapid, Brain Dead Liberals…who can attack…but you NEVER offer any substance…Because if you put up any defense to Obama, and the rest of your IGNORANT dogma….you’d reveal yourself for the fool you are…is that not right?
PS: JLOWB actually votes, in effect, like you want his stupid @$$ to.. So it may be smart not to bash him.. People like him result in the idiot-in-charge in the White House…

Reply
Brain Dead Liberals® April 11, 2013 at 1:32 pm

Easy, T! Too much substance in your work. Us laymen need a second to catch up with it all…

Reply
jimlewisowb April 11, 2013 at 1:37 pm

thanks BigT for acknowledgement of my voting

if you truly had access to my voting record you would see that I voted Red last two elections
however I do plan to vote for Mr. Sheheen this time around
regardless, you keep up the good work
have a blessed day

Reply
BigT April 11, 2013 at 11:35 am

Hey Dumb@$$…raising money is part of getting elected.
Obama is awash w/ money…and he is taking mine,..and delivering a horrible product..
I have not heard you whining about Sanford…the cheating weasel is bathing in campaign money, after he robbed us blind for 8 years..
I may not be a Haley fan, but you self-called libertarians and leftwing @$$-Kissers..have got a long way to get right. So STFU..you idiot..
PS: Are you still odering from the kiddie meal, and wearing a bib, at BOB…???

Reply
jimlewisowb April 11, 2013 at 11:43 am

thanks for your compliments
have a blessed day

Reply
shifty henry April 11, 2013 at 11:24 am

shifty henry • 3 days ago

Here is a link to article on the 787 with two test flight videos. The second video is labeled “combat takeoff”……

http://www.dailymail.co.uk/new

Reply
shifty henry April 11, 2013 at 11:24 am

shifty henry • 3 days ago

Here is a link to article on the 787 with two test flight videos. The second video is labeled “combat takeoff”……

http://www.dailymail.co.uk/new

Reply
? April 11, 2013 at 1:09 pm

“The Fascist accepts life and loves it, knowing nothing of and despising suicide; he rather conceives of life as duty and struggle and conquest, life, which should be high and full, lived for oneself, but not, above all, for others — those who are at hand, and those who are far distant, contemporaries, and those who will come after.”

—Benito Mussolini, The Doctrine of Fascism, 1933

Reply
? April 11, 2013 at 1:09 pm

“The Fascist accepts life and loves it, knowing nothing of and despising suicide; he rather conceives of life as duty and struggle and conquest, life, which should be high and full, lived for oneself, but not, above all, for others — those who are at hand, and those who are far distant, contemporaries, and those who will come after.”

—Benito Mussolini, The Doctrine of Fascism, 1933

Reply
Philip Branton April 12, 2013 at 12:19 am

Dear Ladies and Gentlemen of the Jury,

Yet another example of how Wil Folks is no better than Brian Hicks at the Post and Courier. One can’t help but “shoot” the messenger with the trail of articles concerning the BOEING funding “bong hit” to taxpayers that this website is feathering…!!

Jury members, your very smart, of course you understand if BOEING gets grounded by the federal FAA (how many months ago), that the tab would have to be picked up by the STATE ..?? Heck the Rahm Emanuel rules tells everyone THAT..!! Any politico worth his salt would have called this MONTHS ago…(just like I have been curating).

Heck, jury members, has WIl Folks got the guts to at least tell the BOEING workers that will benefit from this 120 Million to put 40% of their savings into BITCOIN currency ..?? Jury members, if you wanted to spend ad dollars on web advertising…would you spend your dollars on “news” like this..? How are readers supposed to use this article..? How are BOEING workers supposed to use this article in confronting their BOEING administration..??

So Jury, how much did the expansion property really COST…….BOEING.?

WHO owned the property 20…30….40 years ago..?

Who on Gervais Street is bringing a smile to John Bourne’s corpse…??

Reply
Philip Branton April 12, 2013 at 12:19 am

Dear Ladies and Gentlemen of the Jury,

Yet another example of how Wil Folks is no better than Brian Hicks at the Post and Courier. One can’t help but “shoot” the messenger with the trail of articles concerning the BOEING funding “bong hit” to taxpayers that this website is feathering…!!

Jury members, your very smart, of course you understand if BOEING gets grounded by the federal FAA (how many months ago), that the tab would have to be picked up by the STATE ..?? Heck the Rahm Emanuel rules tells everyone THAT..!! Any politico worth his salt would have called this MONTHS ago…(just like I have been curating).

Heck, jury members, has WIl Folks got the guts to at least tell the BOEING workers that will benefit from this 120 Million to put 40% of their savings into BITCOIN currency ..?? Jury members, if you wanted to spend ad dollars on web advertising…would you spend your dollars on “news” like this..? How are readers supposed to use this article..? How are BOEING workers supposed to use this article in confronting their BOEING administration..??

So Jury, how much did the expansion property really COST…….BOEING.?

WHO owned the property 20…30….40 years ago..?

Who on Gervais Street is bringing a smile to John Bourne’s corpse…??

Reply
Out-of-state-capitalist April 12, 2013 at 1:42 pm

Boeing’s expansion in South Carolina may just provide a few new jobs. I guess the unemployment rate in S.C. is just too low for the writer of this article.

Reply
Out-of-state-capitalist April 12, 2013 at 1:42 pm

Boeing’s expansion in South Carolina may just provide a few new jobs. I guess the unemployment rate in S.C. is just too low for the writer of this article.

Reply

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