Tuesday, June 13, 2023

Road & Track: Foxconn goes from Wisconsin bamboozle to Lordstown chicanery

 
Headline:  Road Track, 6/12/2023
Embattled Lordstown Motors, born in political chicanery, riven by executive corruption, a Department of Justice investigation and a prototype flambé, finally warned of an impending bankruptcy. Taiwan’s Foxconn, best known for assembling iPhones, may walk away from a $170 million deal to build the Lordstown Endurance. When Foxconn — fresh from bamboozling the state of Wisconsin over a massive LCD factory and 13,000 jobs that never materialized — has to put up its own money to maintain an auto-building illusion, the truth will out. After pissing away a few hundred million dollars, here’s what Lordstown has to show for it: A grand total of 31 painfully uncompetitive electric trucks. For five years, the company has cynically played Ohio and hopeful, would-be autoworkers in the struggling Mahoning Valley.  [emphasis added]

According to Merriam-Webster, the first known use of 'bamboozle', as in to deceive by underhanded methods:DUPE, HOODWINK, occurred in 1703.

  1. clincher 
  2. dogcatcher
  3. local time
  4. muffin
  5. night sweats
  6. shaky
  7. trickish

Other Foxconn and Foxconn/Lordstown posts:
2023
June

May

January

2022

2021
GET ME REWRITE: Yes, Foxconn's $100 milion pledge to UW-Madison was nothing more than a cynical election ploy by Scott Walker.  (8/11)
The mysteries of Foxconn (season 2).  (5/12)
The collapse of Donald Trump's '8th Wonder of the World'.  (4/20)

2020
Apparently, that's not what Scott Walker heard.  (12/19)
Just wondering what else in this Foxconn op-ed is off the mark.  (11/17)
GET ME REWRITE: Two gullible guys from Racine County still believe anything Foxconn tells them.  (10/23)

Keeping tabs on Foxconn Place in
Eau Claire
Green Bay
Madison
Milwau
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