The TSMC Arizona chip plant is behind schedule, over budget, and the subject of contention in online forums – and now an analyst says that it will be little more than a useless paperweight, even when it does finally begin production.
Not only will it only make chips for older Apple devices, but it can’t even complete the process of making those without sending them back to Taiwan for final assembly …
TSMC Arizona chip plant will be a paperweight, says analyst
Tag: outsourcing
Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State
The manufacturing project became infamous when former President Trump broke ground at the site and red flags became immediately apparent.
Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State
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Trump promised this Wisconsin town a manufacturing boom. It never arrived.
Roughly 100 homeowners and farmers were forced to move, sometimes under threat of eminent domain, so their properties could be bulldozed to make way for the campus, according to residents and village officials. The village paid more than 40 percent over market value for that land, officials noted.
The Military-Industrial Complex Has Never Been Worse
How bad has the military-industrial complex gotten? The arms industry donates tens of millions of dollars every election cycle, and the average taxpayer spends $1,087 per year on weapons contractors compared to just $270 for K-12 education.
The Military-Industrial Complex Has Never Been Worse
[2020] Republicans blasting China forget that the GOP enabled Beijing’s rise
As a deadly pandemic wreaks havoc in an election year, Republicans are leveling relentless attacks against China. To be sure, Beijing’s initial response to the coronavirus outbreak was littered with errors, egregious injustices and conspiracy-mongering.
Republicans blasting China forget that the GOP enabled Beijing’s rise
Related:
What Republicans did 15 years ago to help create Donald Trump today
Urged on by their presidential standard-bearer, Texas Gov. George W. Bush, and by nearly all of the business lobbyists who represented the core of the party’s donor class, three-quarters of House Republicans voted to extend the status of permanent normal trade relations to China. They were more than enough, when added to a minority of Democrats, to secure passage of a bill that would sail through the Senate and be signed into law by President Bill Clinton.
Biden’s Tech-War “Goes Nuclear”
Biden’s Tech-War “Goes Nuclear”
So, where is all of this heading, you ask?
To more conflict, more confrontation, higher prices, lower standards of living and, eventually, a disintegration of the prevailing order. That much is certain. The problem, of course, is that the China hawks now control the levers of power in Washington which means that the attacks on China will intensify, decoupling will accelerate, and a massively-destabilizing international crisis will soon follow.
Related:
Explained: How Americans In Chinese Tech Firms Might Have To Choose Between US Citizenship And Job
Explained: How Americans In Chinese Tech Firms Might Have To Choose Between US Citizenship And Job
Under the latest US technology export rules, US citizens working in Chinese firms might face a tough choice — quit their jobs or risk losing US citizenship.
Explained: How Americans In Chinese Tech Firms Might Have To Choose Between US Citizenship And Job
H/T: Simply put, Biden forced all Americans working in China to choose between being fired or losing their American citizenship from Der Friedensstifter/The Peacemaker
Sounds like a violation of the Fourteenth Amendment’s Citizenship Clause.
‘Fat Leonard’ on the lam: the Navy scandal you never hear about
Why has this military corruption story involving drugs, prostitutes, and a guy with an unforgettable nickname flown under the radar?
‘Fat Leonard’ on the lam: the Navy scandal you never hear about
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‘Fat Leonard’ escapes weeks before sentencing in Navy bribery scandal
Producing New Enemies for No Reason Whatsoever
A good friend of mine, learning of the impending visit of Speaker of the House of Representatives Nancy Pelosi to Taiwan, recalled Homer’s description of Helen of Troy, “The face that launched a thousand ships and burnt the towers of Ilium.” Well, Nancy ain’t no Helen of Troy, but she might nevertheless be in the business of launching warships and burning cities due to her bizarre interpretation of her foreign policy prerogatives as Speaker.
Producing New Enemies for No Reason Whatsoever
Pentagon contractors in Afghanistan operated with minimal disclosure and oversight
According to a new report, the Defense Department doled out billions to companies that are not identifiable on contracting databases.
Pentagon contractors in Afghanistan operated with minimal disclosure and oversight
US recession is very likely, IMF says + A recession alarm sounds on Wall Street
“It’s a very narrow path,” IMF chief economist Pierre-Olivier Gourinchas said. “The current environment suggest that the likelihood that the US economy can avoid a recession is actually quite narrow.”
US recession is very likely, IMF says
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Ms. Cat’s Chronicles 
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