Company With Ties to Communist China Will Receive Billions from American Taxpayers for Electric Vehicle Battery Factory in Illinois.

The State of Illinois is providing taxpayer funded incentives, of more than half a billion dollars, to lure a Communist China tied company, Gotion, to build an electric vehicle (EV) battery factory in the state. Gotion will receive additional federal tax incentives.

The Gateway Pundit reported on Gotion’s recent failed attempt to build a similar factory in a small farming community in Green Twp, Michigan.

But Illinois Governor JB Pritzker announced on Friday that Illinois is more than ready to hand over tax dollars to the CCP tied company.

The plant’s location in Manteno, Illinois lies approximately 30 miles from one of the largest inland ports in the United States.

Pritzker said in a statement announcing the deal, “In partnership with the business community and the General Assembly, two years ago we set out to make Illinois a destination for electric vehicle and clean energy companies from across the globe.”

“With the right incentives, nation-leading infrastructure, world-class workforce and booming clean energy production, we have transformed ourselves into an attractive location for global manufacturers. Today, we take another leap forward. It’s my pleasure to welcome Gotion to Illinois and to show the world yet again that Illinois is ready to be a player on the world stage.”

WirePoints reports:

Governor JB Pritzker announced the state’s deal with Gotion on Friday for construction of the project in Manteno, southwest of Chicago. The plant is expected to cost $2 billion and employ 2,600 workers. Gotion’s total incentive package from the State of Illinois is valued at $536 million, according to Pritzker’s announcement. In addition, Kankakee County agreed to cap property taxes paid on the approximately 150-acre property at $2 million per year for the next 30 years.

The state incentive package alone, exceeding $206,000 per worker, is exceptionally high in comparison to typical plant-siting location incentives around the nation other than battery factories. “The average incentive deal in the U.S. might be around US$50,000 per job,” although it’s not unusual for highly capital-intensive projects to receive incentives of over US$100,000 per job.” That’s according to senior economist at the WE Upjohn Institute for Employment Research, quoted in the Financial Times.

However, those subsidies are dwarfed by huge federal tax credits now being lavished on new battery producers under the Inflation Reduction Act of 2022, which devoted $783 billion to global warming and green energy spending. President Biden recently admitted that the act was not about inflation reduction. It has been heavily criticized as climate extremism.

https://www.thegatewaypundit.com/2023/09/company-ties-communist-china-will-receive-billions-american/

TREASON Aid and comfort to the enemy

Hunter Biden scored meeting with father, business associates inside VP home at Naval Observatory

A 2015 meeting with VP Biden and son Hunter's client being wooed for Burisma deal involved discussion about influencing UN Secretary General race: One of many meetings that dispel the Democrat narrative of mere ‘illusion of access.”

Adorned with the Queen Anne-era of grand architecture and tightly guarded by Secret Service agents, the 9,000-square foot vice president’s mansion on the U.S. Naval Observatory grounds is rarely accessible to everyday Americans. But Hunter Biden – as the son of a sitting vice president – was able to score the sort of VIP meeting inside the mansion that most lobbyists could only dream of.

There in spring 2015, the future first son delivered face time between then-Vice President Joe Biden, his fellow business partner and Burisma board member Devon Archer and an international banker they were courting for business in Kazakhstan.

The meeting – recently divulged by Archer in congressional testimony – is one of several that Hunter Biden arranged that delivered direct access for business partners to his powerful father. Some occurred on phone calls; others at the swanky Cafe Milano restaurant in Washington D.C. But this one – in the personal residence of the vice president – is taking on more significance for House investigators for the specificity of the conversation and the secretive nature of the gathering.

The official entry logs released by the Obama administration do not show businessman/banker Marc Holtzman, Archer or Hunter Biden attending together at the Naval Observatory in spring 2015.

But Archer confirmed the meeting occurred, and detailed the nature of the conversation: Holtzman wanted to advocate for former Kazakh Prime Minister Karim Massimov – today imprisoned in his country on treason charges – to become the next United Nations Secretary General.

Hunter Biden and Archer hoped Holtzman – then the top official at Kazakhstan’s largest bank – could help deliver an energy deal for their Burisma client in Ukraine with Kazakhstan. Joe Biden was in a position to influence both.

“It was, like, a U.N.-related conversation,” Archer told congressional investigators about the Naval Observatory breakfast.

“Who was present?,” he was asked.

“A gentleman named Marc Holtzman, myself, Hunter, and the Vice President,” he answered.

“And what was the discussion about?” investigators pressed.

“It was about who was going to be the next U.N. Secretary-General … Marc Holtzman was lobbying for Karim Massimov. But it was, obviously, that didn't happen.”

You can read the full account here.

File

Devon-Archer-Transcript.pdf

https://justthenews.com/accountability/political-ethics/thuhunter-biden-delivered-meeting-father-business-associates-inside

Macquarie Bank announces shock move to scrap cash in all branches

A major bank had made a shock decision which could have massive implications for the way Aussies access their cash.

A major bank has made the shock decision to scrap cash in all of its branches across Australia, in what could be another step towards a cashless society.

Macquarie Bank has announced it will phase cash out across their branches in 2024, and by November of the same year, the bank won’t accept cash anywhere.

“Between January 2024 and November 2024, we’ll be phasing out our cash and cheque services across all Macquarie banking and wealth management products, including pension and super accounts,” the bank said in a statement to clients.

As well as scrapping over-the-counter cash transactions, Macquarie will also stop accepting payments via telephone banking from May next year.

The move means customers wishing to withdraw or deposit cash will only be able to do so via an ATM.

Macquarie Bank defended its decision, saying the vast majority of its customers already banked digitally and only around 1% used cash or cheques.

“As a digital bank, we’re committed to transitioning to completely digital payments by November 2024 as a safer, faster and convenient way to bank,” a Macquarie Bank spokesperson told NCA NewsWire.

“The majority of our customers already bank digitally and we’re working very closely to support the less than 1% of our customers who currently use cheques or cash to ensure they have access to other digital payment methods.”

Despite the bank’s reassurances, there were fears about what the growing trend towards digital-only transactions would mean, particularly for older and regional Australians.

“Some of these regional communities in particular have challenges around internet access,” Chief Operating Officer of National Seniors Australia Chris Grice told 9News in July.

“There’s a lot of work that needs to happen in terms of educating and informing senior Australians in terms of being able to operate using their smartphones and these apps,” he added.

https://www.news.com.au/finance/money/macquarie-bank-announces-shock-move-to-scrap-cash-in-all-branches/news-story/da5ee045eb5470adcd038a8481cb98e4