View Article
31

The flap over the state giving $40 million in incentives to Senator Tony Rand’s – one assumes – friends at Goodyear Tire and Rubber just took another strange turn.

 

After Rand’s bill – giving Goodyear a good-sized chunk of state pork – passed it was promptly vetoed by Governor Easley. Then the legislature returned to Raleigh and – in the blink of an eye – found a solution to the problem. It upped the incentives to $60 million and promised to give the Governor’s (one assumes) friends at Firestone Tire and Rubber a chunk of pork too – so, the Governor promptly signed the bill.

 

Now, word of North Carolina’s generous corporate welfare policy has spread all the way to Singapore. PACC Lines, a Singapore shipping company, hauls rubber from Asia to Morehead City for Goodyear. It wants the state to cut its port fees by 30% – otherwise, by God, it says it’s going to take it’s rubber to New Orleans.

 

PACC Lines may or may not get their 30% rate cut. But Governor Easley’s administration has already offered them a contract that promises no fee increase for several years. Which means, over the next few years as port costs go up, North Carolina will be subsidizing a Singapore shipping company.

 

You have to wonder where all this ends.

 

Click Here to discuss and comment on this and other articles.

Actions: E-mail | Permalink | Comments (3) RSS comment feed |

Comments

jordansbox
# jordansbox
Wednesday, July 21, 2010 11:55 PM
A chapa dawn mbt is something that gives you a new lifestyle and make your personality as a new character.


It is very simple that the air max 93 of getting healthy starts by promoting a positive view of life.


Do you love sports, do you feel like to look cool, i got a very awesome website here introduced by one of my friends.such as mbt safiri.


Kobe Bryant Jersey is Personality and fashion.


Unlike the other mbt m walk silver shoes, this mbt m walk silver features bright romantic color which is quite suitable for the summer time.


Thanks for sharing your article. As a sports fan I adore all kinds of sports equipments. I've got nike zoom hustle.


jordansbox
# jordansbox
Saturday, July 24, 2010 1:34 AM
We provide Adidas Campus II with high quality and lowest price.


Do You want to buy Cheap mbt chapa gtx ? You can find the cheapest price from us.


Promod sell their own branded quality mbt mens sport, most of which are in the style of some more expensive designer labels.


discount air force 1 sell in a low price.FREE Shipping worldwide.


mbt chapa birch shoes is very good,we all like mbt chapa birch shoes


steven gerrard 2010 world cup jerseys provide other Brands.


jordansbox
# jordansbox
Saturday, July 24, 2010 3:54 AM
This mbt m.walk white black offers a better choice for people who want to become more health conscious.


We have the best price and free shipping for the nike air max ltd.


The supra muska skytop black is best selling online. Get your own supra muska skytop black shoes now.You can find the best quality shoes here.


Benefits include pain, joint and back posture is much better, reducing the increase in metabolism lebron james soldier ii.


You should own GHD IV and join in the fashion.


If you want cheap Nike Air Jordan 2010, then send out the message to us.


Post Comment

Only registered users may post comments.
Copyright (c) Talking About Politics   :  DNN Hosting  :  Terms Of Use  :  Privacy Statement