Thursday, October 12, 2017

Big payday for some Racine County farmers, not so much for homeowners

Residents in Foxconn area worry about what will happen with their homes.  (Milwaukee Journal Sentinel, 10/11/2017)
Over the past few months, owners of farmland have been offered $50,000 an acre — several times the previous going rate for agricultural land in the area — as real estate brokers worked to assemble a site for a $10 billion, 20-million-square-foot manufacturing complex that Taiwanese electronics manufacturer Foxconn Technology group says could employ 13,000 people. 
"Are we going to be getting four times the (value) like the farmers?" one woman asked/ 
"The law just provides for fair market value," Miesbauer added.

So let's do the farm math.

191 acres X $50,000 = $9,550,000

Read it and weep, Mount Pleasant homeowners.

Foxconn sez,
"I want the farmer man. farmer man. I want the farmer man. you want the farmer man? Yeah, I want the farmer man. you don't want no farmer man. Give me the farmer man. once again it's the farmer man.

Other Foxconn posts:
Racine County, Mount Pleasant, to Foxconn: No need to reach for your wallet.  (10/11/2017)
Incoming Quality Control Specialist at Foxconn requires high school diploma or equivalency.  (10/9/20170
In the bonus round, Tammy finds herself in a big yellow taxi mood.  (10/9/2017)
Mount Pleasant Village President welcomes average debt of $3,917.55 per person with open arms.  (10/8/2017)
Dear Politifact, Hairsplitting aside, America has a gun violence epidemic.  (10/5/2017)
WEDC hasn't done its Foxconn homework yet and GOP committee members are fine with that.  (8/16/2017)
UPDATE. Funny how there's all this talk about Foxconn jobs that pay well below the alleged average salary.  (8/12/2017)
Reggie White:Green Bay Packers:: Foxconn:Wisconsin (Scott Walker analogy reveals his crazed desperation).  (8/10/2017)
Foxconn has been looking to replace workers with robots for at least 2 years. (8/9/2017)
Scott Walker and Terry Gou share a laugh at Wisconsin taxpayers' expense.  (8/8/2017)
Really, Ray, all this and heaven too provided by a factory to assemble display panel screens?  (8/6/2017)
That was then. This is now. The free market/small government Robin Vos.  (8/4/2017)
Bloomberg sees short-term gain, long-term pain for Wisconsin's Foxconn deal.  (8/4/2017)
Sean Duffy gets it wrong.  (8/3/2017)
Scott Walker and Paul Ryan collude on campaign digital ads for Foxconn.  (8/3/2017)
Here's some news that pains Scott Walker to his core: Foxconn considering Dane County site.  (8/2/2017)
Fast Company: Scott Walker deal a transfer of wealth from Wisconsin taxpayers to Foxconn shareholders. (8/2/2017)
Donald Trump pinches off another loaf.  (8/1/2017)
Scott Walker lets Fiserv piggyback onto Foxconn legislation.  (8/1/2017)
Calendar UPDATE. In the case of the committee hearing, 1 day is sufficient time to prepare, sez Assembly Speaker Robin Vos.  (8/1/2017) 
Rep. Bob Kulp sprinkles Foxconn fairy dust all over the Badger State.  (8/1/2017)
Of which just 3,000 of these 'new' jobs are permanent.  (7/31/2017)
UPDATE. State Sen. Van Wanggaard on board with Wisconsin's Foxconn deep-pockets strategy.  (7/30/2017)
A Ring of Familiarity. Once upon a time in Pennsylvania.....  (7/29/2017)
Matt, it doesn't appear that 'rigorous' and 'review' are in Scott Walker's and Foxconn's vocabulary.  (7/29/2017)
Scott Walker and Foxconn steamroll environmental regulation going forward.  (7/29/2017)
UPDATE.  The luring of Foxconn intensifies in Wisconsin.   (7/20/2017)
While Wisconsin and Michigan duke it out for low-paying jobs, Foxconn announces $5 billion investment in India.  (7/8/2017)
UPDATE. Foxconn becomes pawn in Wisconsin transportation funding tussle.  (7/6/2017)
Foxconn officials eyeing sites in Michigan.  (7/6/2017)
UPDATE. Foxconn becomes pawn in Wisconsin transportation funding tussle.  (7/6/2017)

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