July 27, 2005

Hackett TV Ad Truth Detector (Guest Cartoon, UPDATED with BizzyBlog Commentary)

Filed under: OH-02 US House — Par T. Crasher @ 11:55 pm

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JULY 27, 11 PM BIZZYBLOG UPDATE: Thanks to Par T. Crasher for the quick cartoon revision.

The fourth question above relating to Hackett’s combat involvement was (finally) addressed by Hackett in part of a report by WKRC Channel 12 in Cincinnati on July 27 (video will not be available indefinitely). Hackett’s characterization of legitimate questions raised by a fellow veteran as a “personal vitriolic attack at all of the veterans who served over there” is a deliberate and unfortunate misrepresentation of the questioner’s concerns, which only related to one man–Paul Hackett. Mr. Hackett missed a golden opportunity to show some class and help himself at the same time, and we are all poorer for it.

The three falsehoods from the TV ad noted above (detailed commentary and TV ad are posted here) remain firmly in force and uncorrected by Hackett and his campaign.
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ALSO: This post will not accept direct comments, only trackback “comments” (moderated for taste and civility), due to name-calling and intemperate comments received.

Go to:
- Guest Toons in Review (includes links to all campaign cartoons)
- Pre-Election Collection (includes links to all cartoons, BizzyBlog pre-election posts, and others’ commentary and predictions)

2nd District (OH) August 2 Congressional Ballot (Guest Cartoon)

Filed under: OH-02 US House — Henrietta T. Hack @ 1:37 pm

party

NOTE: This post will not accept any more direct comments, only trackback “comments” (moderated for taste and civility), due to name-calling and intemperate comments received.

Go to:
- Guest Toons in Review (includes links to all campaign cartoons)
- Pre-Election Collection (includes links to all cartoons, BizzyBlog pre-election posts, and others’ commentary and predictions)

Case Study in Refusal to Accept and Fully Report Positive Business News (Intel’s New Plant and New Jobs in AZ & NM)

Filed under: Economy,MSM Biz/Other Bias — Tom @ 1:32 pm

Intel is building a new chip plant in Arizona, and taking another building out of mothballs in New Mexico.

USA Today, specifically Michelle Kessler, treats it like a narrowly-averted disaster instead of impressive news (bold is mine; my heckling is in italics):

Not all high-tech manufacturing is leaving the USA. (Who said it was?)

No. 1 chipmaker Intel (INTC) on Monday announced plans to build a cutting-edge semiconductor plant in Chandler, Ariz., near Phoenix. The plant, which will cost $3 billion, will employ about 1,000 workers when completed in 2007.

Intel also said it would spend $105 million to revamp an old factory in New Mexico that is now idle. About 300 jobs will be created there.

Other tech firms are building U.S. plants, too. (Wait, I thought Intel was the exception, and that everyone else was leaving.) No. 1 PC maker Dell (DELL) recently broke ground on a giant factory in Winston-Salem, N.C. Computer memory-maker Infineon Technologies (IFX) expanded its Richmond, Va., plant last year. And giant IBM (IBM) opened a huge chipmaking plant in East Fishkill, N.Y., in 2002.

That may seem counterintuitive as the tech industry becomes increasingly global. The Semiconductor Industry Association (SIA), a trade group, estimates that two-thirds of the newest kind of chip factories will be built in Asia. (Duh, that’s where two-thirds of the world’s people and the fastest-growing emerging economies are.) Tech companies, including Motorola (MOT), Nokia (NOK) and Google (GOOG), have recently opened new facilities there.

But Intel Senior Vice President Robert Baker says the USA is the best place for Intel’s new plant. “Arizona offers some unique advantages,” he told reporters.

I had to go to Reuters (of all places) to pick up this quite-relevant contextual fact:

The Chandler plant will hire 1,000 high-skilled, permanent workers. Intel will employ a total 10,000 staff in Chandler after the third facility is built. (Imagine. That’s 9,000 other high-tech (largely) manufacturing jobs that haven’t “left the USA.” Nothing like leaving out things that blow up your basic premise, Michelle. Zheesh.)

You might also think from reading Ms. Kessler’s piece that there won’t be any meaningful economic impact from the plant until 2007. Au contraire. But I had to go to The Arizona Republic (link probably requires registration) to pick up this relevant economic fact that shows that the good news starts NOW:

Construction, which will start Aug. 2, will create about 3,000 jobs.

Most of the rest of the USAT article brings up an issue that I’ve been bothered about for some time, and that I intend to deal with at another time, namely tax subsidies and breaks for new manufacturing and jobs (or to keep jobs in place when plants threaten to shut down), which (obviously) are given at the long-term expense of other businesses and the taxpaying public in general.

But the bottom line at this post is that high-tech jobs are staying here, growing here, and providing meaningful immediate benefit, even when the lead times to build are long. Too bad I had to go to three different places to get the full story.
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UPDATE: To get to the Reuters info, I had to endure this snarky sentence: “Political leaders around the world have a history of pre-announcing Intel factory investments that often turn out to be either premature or misguided. First, I don’t recall reading statements like this in 1990s business coverage when Intel actually completed and then had to mothball plants because of volatile chip prices, and second, I see this as a subtle hint to the reader to discount the good news, because it may not come to pass (again, something I don’t recall seeing in 1990s coverage).

UPDATE 2: Welcome to Don Luskin’s poorandstupid.com readers, who thanks to Mr. Luskin are anything but.

Did the Liberal Talk Network Really Steal from Kids and Seniors?

In my posts about the state of talk radio (here, here, and here), I’ve concentrated on audiences and trends at stations with noticeable audiences (and yes, at this point, they are predominantly center-right and conservative).

That has meant that I have rarely mentioned Air America, simply because (depending on who you talk to) it needs time to build its audiences and markets from scratch, or it doesn’t have a prayer of ever generating enough of an audience to matter. As a non-expert observer, I’ve chosen to stay in the wait-and-see camp.

But the legal repercussions implied in Brian Maloney’s national breakout blogpost (which Michelle Malkin, the bad guys’ worst nightmare, has also jumped on), about alleged misuse of government grants and alleged unpaid loans to Air America from a New York City Boys and Girls Club that have led to a narrowly-averted financial crisis at the esteemed not-for-profit, makes me wonder if the liberal network will even be around six months from now (note, I’m not predicting, I’m wondering).

Read Brian’s whole jaw-dropping piece and ask yourself:

  • How has it stayed almost completely out of the New York papers and shielded from national visibility for the 3-plus four weeks it has been known?
  • How invisible would this have been if some conservative host or radio network had shady transactions like this (excuse me, allegedly shady transactions) that almost ended programs for kids and seniors (again, alleged)?

Stay with Brian (The Radio Equalizer) and Michelle on this. There is almost certainly more to come.
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UPDATE: It is totally unfair to expect me to resist noting this–Paul Hackett appeared on Air America’s (in your dreams) “Majority Report” on Tuesday (HT OH02 Blog).

UPDATE 2: The Captain weighs in, and Michelle has meaningful additions at her original post.

UPDATE 3, August 1: A blogswarm has ensued in the past four-plus days, with investigators and opinion-staters on the left and right going at it with gusto. In essence, it looks like Air American corporately “reorganized” in a way that gave it the ability, by forming a new company, to leave its obligation to the Gloria Wise Center behind if it wishes, AND if it doesn’t succumb to pressure to do the right thing and repay what it morally (but not necessarily legally) owes. Since my “wonder if it survives another six months” question is out there, let me make a couple of things clear:

  • “Wonder” does not mean the same thing as “predict.”
  • From experience with moribund enterprises, first as an auditor and then as a consultant (who fortunately never failed to get paid), I can tell you that these outfits, especially ones that pull reorganization and new-entity tricks as Air America appears to have, can survive for many years without giving up the ghost, even though they are for all practical purposes business zombies.
  • How long corporate zombiehood can continue will heavily depend on two things:
      – How aggressive regulatory, law enforcement and/or creditors are in looking out for the interests of taxpayers, victims, and their own interests, respectively.
        – How much money any investor groups are willing to throw into the enterprise (or sinkhole, as the case may be), and for how long.

    UPDATE 4: You just knew someone would do this–The Air America Telethon (HT PoliPundit).

    UPDATE 5: The Captain (and others) note that the amounts involved tote up to about $800,000 now, according to today’s New York Sun. Meanwhile, in “totally unrelated” news, a New York Times search (requires registration) on “Air America” (in quotes) as of 10PM on August 1 yields no article more recent than June 15, six weeks before the AAR scandal broke locally.