progressive hunter
Diamond Member
- Dec 11, 2018
- 70,894
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you said "a couple more choppers" and its a lot more than that,,
Here Comes the Pain
- Thread starter Lesh
- Start date
progressive hunter
Diamond Member
- Dec 11, 2018
- 70,894
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its more than just choppers,,
progressive hunter
Diamond Member
- Dec 11, 2018
- 70,894
- 45,200
- 2,615
progressive hunter
Diamond Member
- Dec 11, 2018
- 70,894
- 45,200
- 2,615
progressive hunter
Diamond Member
- Dec 11, 2018
- 70,894
- 45,200
- 2,615
progressive hunter
Diamond Member
- Dec 11, 2018
- 70,894
- 45,200
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- Moderator
- #292
The burden of protectionism: outlook for Canadian trade
The growing global trend towards protectionist trade policies is creating future trade uncertainty for businesses.
www.osler.com
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Nostra
Diamond Member
- Oct 7, 2019
- 90,358
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Nope. You are a liar.
Yes it’s only been a few days. Calm down
excalibur
Diamond Member
- Mar 19, 2015
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Part of that alleged investment is money authorized by Congress but not spent by the Feds because Biden's forcing DEI on companies, and many companies said no thanks.
The legislation, which Biden signed in August 2022, is designed to shore up U.S. semiconductor supply chains, earmarking $52.7 billion to establish the CHIPS for America Fund, which supports private-sector investment in domestic research and manufacturing. However, according to a review of federal filings, the funding is contingent on applicants meeting a series of DEI requirements.
"If you look through the notice of funding opportunity, which is the Commerce Department's requirements in order to get funding, there's literally the word diversity, equity and inclusion and DEI requirements littered throughout," said Chris Nicholson, head of research at the firm Strive Asset Management. Strive, which was founded by former presidential hopeful Vivek Ramaswamy, has more than $1 billion in assets.
"Although this money is announced in some sense, it's not even going to be given," said Nicholson, who has researched the semiconductor industry. "That's the key here. It's not even going to be given unless [funding recipients], step by step, they meet, and they prove they're meeting all of these DEI requirements."
Biden's major semiconductor push is quietly riddled with DEI initiatives
President Biden's landmark CHIPS and Science Act is quietly contingent on funding applicants meeting a series of diversity, equity and inclusion requirements.
www.foxnews.com
Now TSMC has revealed plans to build a second fab in Japan. Its first, which broke ground in 2021, is about to begin production. TSMC has learned that when the Japanese promise money, they give it, and they allow it to use competent workers. It’s sampling Germany’s chip subsidies too, as is Intel. Intel is also building fabs in Poland and Israel, preferring risking Russian aggression and Hamas rockets to braving America’s DEI regime. Samsung is pivoting toward making its South Korean homeland the semiconductor superpower after Taiwan falls.
Uncle Sam’s not the only one who has money, and the world’s best chipmakers are tired of being pawns in the CHIPS Act’s political games. They’ve quietly given up on it. Intel must know the coming grants are election-year stunts to disguise failed legislation—they’re mere statements of intent. Even after due diligence and final agreements, the funds will only be released in stages as recipients prove they’re jumping through the appropriate hoops.
For instance, chipmakers have to make sure they hire plenty of female construction workers, even though only a million of the 11 million U.S. construction workers are women. They have to remove degree requirements and set “diverse hiring slate policies,” which sounds like code for quotas. They must create plans to do all this with “close and ongoing coordination with on-the-ground stakeholders.” They have to ensure childcare for female construction workers and engineers who don’t exist yet.
No wonder Intel politely postponed its Columbus fab and started planning one in Ireland
DEI killed the CHIPS Act
The CHIPS Act’s current identity as a jobs program for favored minorities means companies are forced to recruit heavily from every population except white and Asian men already trained in the field; it’s like fishing in all the places you aren’t getting bites.
BlackSand
Nobody
- Oct 23, 2013
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Last edited:
M14 Shooter
The Light of Truth
Shut up you ****
M14 Shooter
The Light of Truth
Sure thing, ****.
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