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PostJul 25, 2011#1376

Yeah, but building off Alex's point, the US beef industry has an interest in encouraging free trade with China, so those 478 tons of beef shipped during the first half of this year, nearly all of which was sent during the last month of record keeping, is probably just a manipulated statistic.
Honestly, though, I was eagerly anticipating the next installment of "Where's the Beef?" (it was promised to us). Oh well, I'm sure there's still much more bs ahead.

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PostJul 26, 2011#1377

Is it really that suprising that a libertarian think tank like the Show Me Institute would come out against tax subsidies? Heck, they probably don't believe in those taxes to begin with. Personally, I've found the SMI analysis mostly interesting and thoughful. Very glad to have them as part of the debate.

Still, this fixation on beef, by both China hub supporters and detractors, is bizarre. I find it highly highly unlikely that a large amount of beef will ever be transported via air, so both sides would be better served by arguing their points with different, non-beef proof points. There are plenty.

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PostJul 26, 2011#1378

don't have time to find a more authoritative study, but perishables such as beef represent a substantial chunk of goods exported via air freight: http://www.foodethicscouncil.org/system ... slides.pdf
Additionally, regional leaders have garnered support for this bill in rural areas by pointing out that China is interested buying farm products produced in Missouri. As such, as inane as it may seem, the debate over whether China blocks the importation of beef might have significant repercussions.

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PostJul 26, 2011#1379

fair enough. beef it is.....long-haul, fuel-sucking airplanes for beef. so strange.

order the corn-fed, China. With more marbling, it tastes better.

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PostJul 26, 2011#1380

^Airplanes are actually very fuel efficient

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PostJul 26, 2011#1381

The Missouri Watchdog is reporting that Ed Martin, GOP candidate for the US House Second District in 2012 (who also ran for it in 2008), is now openly criticizing the Republicans in the MO General Assembly for supporting the China Hub legislation. The crux of his opposition is:
It’s bad policy because it would throw tax dollars in pursuit of what President Obama has shown us in the past two years does not work: government picking winners and losers by transferring wealth from working families to hand-picked special interests ... The billl is also bad politics because it proves that Republicans are no different than tax-and-spend Democrats in giving breaks to favored special interests.
Source: http://missouri.watchdog.org/18825/mart ... otropolis/

He claims that this point of view is countered by a preference for attracting business to Missouri through lower taxes and decreased regulations. And apparently he's too blind to see that this legislation is exactly that: a decrease in private sector business taxes combined with a proactive business investment model in cooperation with multiple government entities, in effect decreasing regulations the incoming companies would have to face.

The China Hub legislation is not about picking winners & losers because of special interests; it's pragmatic, real investment, done with other people's money, towards making our own community more productive in the global business environment!

ADAPT, OR DIE!

Politically, this is him trying to assert & differentiate himself by opposing POTUS’ positions on the economy (at a very chosen time to do so) while trying to separate himself from the rest of the MO GOP in an attempt to attract “Tea Party” conservatives (even though this is pro-business legislation). Personally, I find this a very stupid thing for him to do, isolating himself from the rest of his potential party allies and promoting an unpopular stance for the Second District, which includes StL City & County. But, it gets his name in the paper, and that’s what he wants most of all. It’s all political posturing and no real leadership.

This is unusual politics, and he’s showing himself to be a “no-nothing” idiot who's cutting his nose to spite his own face. I mean really, if he looks at the world & says everyone's wrong but him, I don't think that'll win the guy many votes.

When will people see the China Hub legislation as a proactive piece of business legislation?
- Missouri would be allowing private companies to make significant private investment in Missouri, with the State only collecting a smaller percentage of taxes in arrears of any actual investments made.
- It would directly link the economies of Saint Louis & the State of Missouri with the economy of China, the second-largest economy in the world with a continued pace of real expansion and a desire for long-term cooperation with StL & MO.
- It has bipartisan support in the MO Legislature, as well as in the various governments in Eastern MO that would best capitalize on the resulting business opportunities, as well as benefitting MO agriculture interests.
- Politically, it stands a great chance of winning over voters by being a strategic initiative towards building private sector employment opportunities with constructive reuse of underutilized, highly visible assets.

I remain pragmatically optomistic that this'll pull through. In fact, now more than ever.

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PostJul 26, 2011#1382

I recently noticed this quote while reading the New Yorker:

“Asia has learned to price in American political dysfunction.”

It was made in the context of debt talks, but I think it applies to the China hub deal, too. This mentality perhaps supports your call for optimism in the face of recent political setbacks/posturing.

Article:
http://www.newyorker.com/online/blogs/e ... passe.html

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PostJul 26, 2011#1383

As a past supporter of Ed, I sent him an email detailing my displeasure with this stance. The theme: how sick and tired twenty and thirty-somethings are of the schitty status quo we endure here in this town. This bill is pro-active and pro-business, without a dollar spent until something is built.

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PostJul 26, 2011#1384

Colby wrote:State Senator Jason Crowell, a vocal opponent of the bill, is now parroting the Show-Me Institute’s unfounded assertion that China still maintains a ban on US beef:
http://www.semissourian.com/story/1746887.html

Again, ban lifted:
http://www.usmef.org/downloads/statisti ... xports.pdf
http://www.washingtonpost.com/wp-dyn/co ... 07143.html

To give the opposition credit, however, with the exception of meaningless comments on local media websites, at least most criticisms of the initiative aren't just thinly veiled xenophobic rants. I honestly expected less.
It isn't unfounded. The USDA website, more recently updated than any of those links you posted, continues to list beef to china as banned.

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PostJul 26, 2011#1385

Looks like State reps asking for the week after a labor day weekend for special session. No surprises there.

Legislative leaders present tax credit plan to Nixon.

http://www.stltoday.com/news/local/govt ... f6878.html

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PostJul 26, 2011#1386

It's unfounded in the sense that it is not based in reality; we just exported 364 metric tons of beef to China during the month of May. The remaining 114 tons were shipped at the end of April, which was after the April 11 discussions quoted in the Show-Me piece. In light of these statistics, the statement that US beef is banned in China is simply an unfounded assertion. Someone apparently needs to update the USDA's website to account for this clear evidence.

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PostJul 30, 2011#1387

Today I heard recent meetings between city officials and Jeff city are going very well. Keep the faith boyz.

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PostJul 30, 2011#1388

China boasts one of the world's fastest growing economies, energized by expanding market freedoms and a rising middle class. Yet ongoing authoritarian rule there may hold the key to economic development here, say backers of a plan to turn St. Louis into an "Aerotropolis."

Read more: http://www.stltoday.com/business/column ... z1Tcpk1uLM

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PostJul 31, 2011#1389

New article in the P-D today. Finally gets the whole tax "subsidy" thing correct....sort of.

BY BRIAN THEVENOT

China boasts one of the world's fastest growing economies, energized by expanding market freedoms and a rising middle class. Yet ongoing authoritarian rule there may hold the key to economic development here, say backers of a plan to turn St. Louis into an "Aerotropolis."
http://www.stltoday.com/business/column ... 0f31a.html

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PostJul 31, 2011#1390

^ Indeed, the article I posted was so good that it bore repeating, yes? :wink:

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PostAug 02, 2011#1391

Someone (Col Griggs) is obviously bitter in his old age. And rightfully so...it was under his tenure that Lambert began crumbling. Unfortunately, we won't be able to rid the city of attitudes like the 'Good ol colonel's' until they're SIX FEET UNDER!

Former Lambert Field director and retired U.S. Air Force Col. Leonard Griggs and his wife, Denise, were at La Bonne Bouchee Saturday marking his 80th birthday. We chatted about a number of issues, including his take on a future China hub: “That damned thing will never happen here,” he exclaimed.”

http://bergersbeat.com/col-leonard-grig ... 7s+Beat%29

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PostAug 02, 2011#1392

It’s really fun seeing the contrast between StL & MO and the Federal Government recently… while the Congress and the Administration have been beating each other up for quite a while on the Federal Deficit and Budget, our local government has been rather cooperative in negotiations across party lines, and jurisdictions, in support of the China Hub legislation and seeing this through. I believe Jeff Rainford recently commented on this in a recent Post-Dispatch article referenced in this thread previously. End result is that, while politics and special interests almost led to the US Government going into default (and still possibly receiving a “AAA - Negative Outlook” from Moody’s or S&P in the near future), MO politics is emerging as being cooperative across political affiliations towards the common good of the State and its constituents: all of us. It keeps my faith in the ability of government to succeed amidst such turbulent times.

Still, there will always be outliers. To quote the hero namesake of the cinematic bloodbath Blade: “Some mofo's are always trying to ice-skate uphill.”

Focus: The opposition to the China Hub has maintained a trend: I don’t intellectually give a care what these people have to say anyways. These outliers really carry no weight.

Who exactly has been against the China Hub?
- 4 far-right GOP Senators (the ones who killed the original legislation) who are philosophically against any government intrusion into capitalism, despite the involvement being to free up regulation and allow for outside investment upon which StL and MO will best capitalize and realize positive returns. 4 Senators who don’t know Adam Smith, but they do know Sarah Palin’s kind of popular these days (side note: it’s amazing how the Tea Party came about from a CNBC rant on Treasuries on the CBOE floor, but now don’t reflect really any understanding of capital investment). Of note is how they are in disagreement to their own party, from which the China Hub bill was written and proposed.
- 2 Democrat House Reps in the City who just don’t trust it, although they’re unsure why. A while back, a gal from the North Side came out against it because she thought it would consolidate too much power behind some politicians in MO should this be a success (and she’s not one of them); her own party asked her politely to STFU and GBTW. Another Dem House Rep (only now from Benton Park West) came out just this week who doesn’t believe tax credits have ever created any jobs (truly amazing because she’s a Dem, and usually receives Union votes, the same Unions that have and continue to recognize work from jobs founded in tax credit utilization – her handler should be fired).
- A GOP House Rep from O’Fallon who I believe has come out against the China Hub legislation only after Governor Nixon put his support behind it.
- The upcoming GOP candidate for the 2nd District Federal House, who lost in 2008, and who I believe recently came out against this legislation primarily to keep his name in the press.
- A couple aerial logistics consultants, who write articles & press releases about how they don’t think the Big Idea will work for Saint Louis. We are apparently to believe their critiques are “wholly incidental” to their being employed by airports, or corporations with vested interests, in Chicago, Indianapolis, and/or Memphis. That’s like believing Steve Spagnuolo only wants the Rams to win because he’s a regular fan; that he’s Head Coach is “wholly incidental”.
- Some researchers from the Show-Me Institute, an organization whose ideas are largely beneficial to StL & MO, who are also against this philosophically, and whose argumentation has been mostly based on research bent towards this bias. I can say that I know others within this organization who are in favor of the China Hub as an economic benefit for StL & MO.
- And now … the former head of Lambert, whose legacy includes the loss of the TWA/American Airlines hub and the construction of the highly underutilized new runway (formerly: Bridgeton) whose administrative model has become obsolete. For all the incredible good he has done in administering Lambert International, the game has changed, and he’s scared of seeing all that he has built be lost to a new model of operations. But while his legacy will live on in passenger flights, the new model of air cargo will be basis for the successes of the future.

Info on many of these people can be found in a strong recent article from the Missouri Watchdog:
http://missouri.watchdog.org/18997/fiss ... olis-plan/.

Really, that’s a very small yet vocal minority clamoring to get their naysaying into the papers.

Meanwhile, let’s see who’s in favor of the China Hub legislation…
- The City of Saint Louis.
- Saint Louis County.
- Missouri’s Federal Senators, past and present (McCaskill, Blunt, and Bond).
- Eastern Missouri’s Federal House Representatives (including Clay, Carnahan, and Akin).
- Multiple MO State agencies, such as MO Agriculture, who see the China Hub as a means to strongly increase net exportation of MO goods to new markets and provide new revenues to MO businesses.
- Lt. Gov. Kinder, who’s probably going to run for MO Governor in 2012, and who has fought for years to support StL as the economic backbone of MO.
- Gov. Nixon. It must be noted that he was originally against the legislation as part of a political maneuvering against the MO GOP (and in association with a local developer of low-income housing which receives tax breaks who stands to lose out on long-term utilization of the tax break), to show them infighting about tax credits. Now, with the increased demand of the constituency of the State, he’s come out in favor of the China Hub legislation and now associates himself & his office with it.
- The RCGA, MO Chamber of Commerce, World Trade Center – Saint Louis, and about every other NGO related to the economic vitality of StL, MO, and the US.
- The almost unanimous majority of large corporations in StL, who view the China Hub as a means to further new markets for their own products while increasing their own companies’ valuations, working conditions, employment opportunities, and forward outlooks.
- Missouri’s Universities, who want an inflow of international students to their student bodies while recognizing the application of global business fundamentals that are taught within their ivy-tiered walls.
- The majority of Republicans in the Missouri House.
- The majority of Democrats in the Missouri House.
- The majority of Democrats in the Missouri Senate.
- The majority of Republicans in the Missouri Senate.

Gee… I wonder who’s side is supported more…

Most importantly, pretty much every self-aware Missouri-resident person I know or have met is strongly in favor of the China Hub. It is seen widely by the constituent base of Missouri, and especially within Saint Louis, as the best impetus for Eastern MO, specifically the Saint Louis Metro Area, to thrive economically in the future. This includes:
- Business owners who want new opportunities to enter new markets;
- Real estate developers who would have an influx of new residents, new manufacturing businesses, new warehousing businesses, and ancillary developments;
- New college graduates (for both graduate & undergraduate degrees) who want to see new businesses coming into StL that may be able to hire them, preferring to remain here rather than moving to San Francisco.
- Business professionals, especially those under 40, resident in StL Metro, who want to see an inflow of new job openings and forward-looking economic opportunities, such as new businesses opening related to the China Hub or companies with operations outside of StL moving here to capitalize on the developments.
- Old people who know what StL used to be like economically, and who want to see it return to its heydays of business strength and population.
- Multinational and Globalist people who want and rightfully expect to see StL more engaged globally.

Of real emphasis is that I have not met anyone under 40 who is against the China Hub. They’re all in favor of it. I’d say about all of them are eligible to vote in MO elections, and most regularly do. The politicians who are against this do so at their detriment.

Truly, if they vote against the China Hub, then they are not following the demands of their constituent voters, and rightfully they should be voted out of office.

To quote the King: 50 million Elvis fans can’t be wrong.


Oh, and let’s not forget… THE ENTIRE COUNTRY OF CHINA IS STRONGLY IN FAVOR OF THIS!
Fans of the StL China Hub within the world's second-largest economy include:
- The Premier.
- The Vice Premier.
- The Economic Leadership of China, which just released a new Five Year Plan stating they expect to see aerial exportation of goods to the US increase from 15% to 50%, all while increasing gross goods exported here across all transportation mediums.
- The Chinese Middle Class, which wants to experience the quality of life that we enjoy in the US, from being able to eat a steak to having increased options for medication.
- The Airlines, especially China Cargo Airlines, who have been directed by the People’s Republic to form a deal with StL & MO to establish a China Hub at Lambert International should the legislation pass. They’ve been told to do so by their bosses, and they will if the legislation allows them to. Add-in that direct passenger flights between StL and Shanghai should follow.
- China’s business communities, which are looking to increase both Chine exports & imports of US goods.
- China’s venture capital organizations seeking new opportunities to invest, such as their Biotechnology organizations that has already been to StL numerous times seeking cooperative ventures for investment. Considering that StL has for years been bereft of strong VC for developing new technology-heavy businesses, this is a no-brainer.

Also wanting Lambert International to turn into an international aerial logistics hub (starting with China):
- Latin America (Brazil, Argentina, etc.).
- Non-China East Asia (South Korea, Malaysia, Singapore, etc.).
- The Asian Subcontinent (India).
- The Gulf Coast Community of Countries (UAE, Oman, Kuwait, etc.).
After all, once China can establish itself into this new market, so can they.

PostAug 03, 2011#1393

The first draft of the China Hub bill is making its way around Jeff City. The Missouri Watchdog (which has really been running stories on this legislation) has a link to the story below:
http://missouri.watchdog.org/19114/aero ... dium=email

While they do show the China Hub has the support of the Governor, the bipartisan Majority of the Missouri General Assembly (including both the House and Senate GOP leadership), the RCGA, and the Missouri AFL-CIO, they sure spend a lot of time focusing on the naysayers (see my rant above). I've got to say, they sure do make things look negative here, as if they always want to shake the cage & make things look contentious. Seriously, are they trying to instigate a fight between StL & KC?

Meanwhile, a great quote came out of the Missouri Supreme Court on putting tax credits in perspective...

From a Building Blocks story on NorthSide Regeneration's valid use of tax credits:
Missouri's Supreme Court today shot down a lawsuit challenging the so-called "Paul McKee tax credit."

All seven judges ruled against the suit, which claimed the Distressed Areas Land Assemblage Tax Credit - key to financing McKee's NorthSide Regeneration development proposal - was unconstitutional...

In opinions issued today, three justices ruled that the plaintiffs had no standing to challenge the program, because tax credits aren't a direct expenditure of state money. (emphasis added)
Source: http://www.stltoday.com/business/column ... 0f31a.html

... All you naysayers... Did you catch that? Tax credits don't spend tax dollars from the coffers, only discounting the taxes based on whatever new business they help to develop! And yes, this does include the secondary sale of the credits to third parties, too.

Keep hope alive.

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PostAug 03, 2011#1394

Is there an independent cost-benefit analysis about the SPECIFIC legislation that will be considered in special session?

All I have found are MCHC reports and Show Me Institute's work, but both are arguing for specific outcomes.

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PostAug 05, 2011#1395

I'm not sure who would create an independent report. Seems like people with a dog in the fight are the only ones with the money/resources to do such.

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PostAug 05, 2011#1396

Looks like abortion opponents might try to ground the China hub: http://www.stlbeacon.org/issues-politic ... p-priority

In relevant part: "Missoui Right to life, the state's largest anti-abortion group, issued a statement warning that it will oppose MOSIRA unless any bill includes language that explicitly prohibits "abortion services, human cloning or embryonic stem cell research."
As goes MOSIRA, so goes the China hub.

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PostAug 05, 2011#1397

I'm pro-life myself, but I don't think the China Hub bill, which is good for St. Louis and the state, should be used as a political pawn.

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PostAug 05, 2011#1398

I think most people are pro-life and pro-choice. I'm sick of these stupid catch phrases.

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PostAug 05, 2011#1399

Colby wrote:Looks like abortion opponents might try to ground the China hub: http://www.stlbeacon.org/issues-politic ... p-priority

In relevant part: "Missoui Right to life, the state's largest anti-abortion group, issued a statement warning that it will oppose MOSIRA unless any bill includes language that explicitly prohibits "abortion services, human cloning or embryonic stem cell research."
As goes MOSIRA, so goes the China hub.
Sounds like right-wing hostage taking. I guess they heard it works on the federal level and decided to try it locally.

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PostAug 05, 2011#1400

Mckee really is a lightning rod around here: http://www.stltoday.com/news/local/govt ... 0f31a.html

I don't know enough about Mckee's projects to comment intelligently about them, but I'm glad Nixon eliminated the provision that appears to blatantly serve Mckee's interests. I appreciate all that he has done in getting the ball rolling with the Chinese, but the China hub bill is apparently already controversial enough.

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