Saturday, August 19, 2017

Foxconn, Wisconsin and the rally to bring everyone together to make it all happen...but for whom?


Here's the bill summary if you'd actually like to read it for yourself instead of getting sound bites from various news sources focused on the minutiae they think will sell more advertising...

http://docs.legis.wisconsin.gov/misc/lfb/bill_summaries/2017_19/0001_ss_ab_1_foxconn_fiserv_legislation_8_8_17.pdf

Do poke around, inform yourself...

http://www.wisconsin.gov/Pages/SearchResults.aspx?q=foxconn%20legislation

Interesting things to note: Foxconn is the trade name for Hon Hai Precision Industry Company Ltd. and here's a list of its subsidiaries. Of course, many of them have subsidiaries of their own too.

And let's not forget that our very own Fiserv, which just bought out Monitise as well as PCLender, is poised to get $10 million if they stay anchored in Wisconsin.

So, that means Amazon, Uline and Foxconn will be huddled together; warehousing/fulfillment, packaging and manufacturing all in one place. They'll have access to not only land and air but sea via the Saint Lawrence Seaway and then there's Fiserv nestled to the north, capable of providing software development, not to mention a newly acquired product line that can expedite the lending process with the whirlwind of real estate that will be changing hands all around the city and beyond.

Now, if the Post Office would just figure out their build out plan and move...

https://www.biztimes.com/2016/industries/architecture-engineering/grand-plans-unveiled-for-redevelopment-of-downtown-postal-center/

*hint: Oak Creek may not be the one and only option for the USPS anymore, possibly a major facility tucked between the giants in Kenosha would be in order?

Maybe Fiserv will buy into the old Post Office complex or other software developers will start competing for the cheap land downtown. Can't exactly afford anything on the west coast anymore.

Where is all this money coming from for such a push? There's certainly been no shortage of deals going down. In fact, it's hard to keep track of them with so much emphasis placed on Americans not getting along with one another.

https://www.bloomberg.com/news/articles/2016-11-30/saudi-arabia-to-transfer-27-billion-to-sovereign-wealth-fund

https://www.forbes.com/sites/kerryadolan/2017/04/05/masayoshi-sons-new-universe-softbank-vision-fund-apple-trump/#232684402fe4

http://www.patentlyapple.com/patently-apple/2017/05/us-president-signs-deal-with-saudi-arabias-sovereign-wealth-fund-for-93-billion-boosting-us-tech-sector.html

In short, we have two competing parties in this country bilking its citizens out of rational discourse while a third quietly moves the ball around, endlessly building the largest pyramid on earth no one can physically see.

The opportunity is there for all to have a share, you just have to know which way to move.

Good luck everyone.