The Shining City Upon a Hill
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Re: The Shining City Upon a Hill
under President Biden's historic "Infrastucture Investment & Jobs Act" law, Intel will receive special funding to help make America independent of chip manufacturers located on the other side of the world including China. Many 1,000s of high paying jobs will be created.Comment
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Re: The Shining City Upon a Hill
Former Secretary of Labor advocates for violence against Sen. Sinema following filibuster vote | The Post MillennialComment
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Re: The Shining City Upon a Hill
Intel (INTC) on Friday announced plans to build a $20 billion chip manufacturing complex in Ohio. The build-out will include two new plants, but according to the chip giant, could eventually lead to as many as eight factories — making it one of the largest semiconductor manufacturing sites on Earth ... all built with local labor and employing highly skilled, well paid American workers.
This is just the latest effort to reduce the US reliance on scant foreign chips. There are plants going up with huge investments happening across the U.S. In September Intel broke ground on two new plants in Arizona, while Samsung and Texas Instruments (TXN) are set to build sites in Texas. GlobalFoundries (GFS), meanwhile, is set to put up a new facility in New York.
During a press briefing at the White House announcing Intel’s investment on Friday, President Joe Biden pointed to the ongoing chip crisis as one of the key driving factors of inflation.
“Everything from cars to dishwashers are delayed getting to showrooms and customers just as demand goes up,” he said. “Because supply is low, we find ourselves in a position that we're really behind the curve. Prices are going up.”
The new factories will ensure the U.S. has its own supply of chips so manufacturers don’t have to rely on overseas companies or supply chains.
President Biden's Infrastructure Investment & Jobs Act was signed into law with votes from both Republican & Democratic lawmakers.Comment
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Re: The Shining City Upon a Hill
In a press conference at the White House on Friday with Gelsinger, President Joe Biden called for Congress to pass legislation called the CHIPS Act that would grant chipmakers $52 billion in subsidies to help Intel and other chipmakers.
"Let's do it for the sake of our economic competitiveness and our national security. Let's do it for the cities and towns all across America who are going to get their piece of the global economic package," Biden said. "American workers are going to stamp everything we can 'Made in America,' especially these computer chips."
The announcement is a centerpiece of Intel's effort to reclaim its chip technology lead and rejuvenate American manufacturing. Along with the new site on the outskirts of Columbus, Ohio, Intel also plans to build a second $100 billion "megafab" in Europe, but that decision is likely three or four months away, said Keyvan Esfarjani, who leads Intel manufacturing and operations.
Taiwan Semiconductor Manufacturing Co. and South Korea's Samsung surged ahead when Intel's previously steady chip miniaturization progress faltered more than a half decade ago. Many top chip designers, including Qualcomm, AMD, Tesla and Apple, rely on TSMC to make their products. Intel, under the leadership of an engineer again with the return Gelsinger as chief executive, is trying to catch up to TSMC and Samsung by 2024 and surpass them in 2025.
The Ohio megafab will be at the heart of the effort. Intel for years concentrated manufacturing in Arizona and Oregon, and the new site will be a third major hub, with at least 3,000 employees in a state that's been hit hard by the US's waning influence in manufacturing. The US share of chipmaking business has dropped from 37% in 1990 to 12% today, according to the Semiconductor Industry Association, a trade group, but Gelsinger wants to bring that back to 30%.
Intel on Friday called this the largest private sector investment ever made in the state and said that it will spend a further $100 million on educational partnerships. It'll employ 7,000 construction workers during peak activity, and indeed the supply of those laborers was one factor that drew Intel to Ohio, Esfarjani said. Other factors include favorable tax treatment on expenses like property taxes, land availability, partnerships with universities and community colleges to train Ph.D.s and technicians, and ready connections to power, water and natural gas. Intel evaluated more than 35 sites before picking Ohio, he said.Comment
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Re: The Shining City Upon a Hill
Intel (INTC) on Friday announced plans to build a $20 billion chip manufacturing complex in Ohio. The build-out will include two new plants, but according to the chip giant,
This is just the latest effort to reduce the US reliance on scant foreign chips. There are plants going up with huge investments happening across the U.S. In September Intel broke ground on two new plants in Arizona, while Samsung and Texas Instruments (TXN) are set to build sites in Texas. GlobalFoundries (GFS), meanwhile, is set to put up a new facility in New York.
President Biden's Infrastructure Investment & Jobs Act was signed into law with votes from both Republican & Democratic lawmakers.
I've tried to talk rationally to you but your disdain for America prevents you from seeing American exceptionalism.
The USA is the greatest country in the history of the world.
Some hate us because we're great, others love us. It's hard being on top of the mountain.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: The Shining City Upon a Hill
' Worst human rights record ' yup that about says it all.
GOP Leaders: Biden has ‘Worst Human Rights Record’ in Modern U.S. History - Daily Political Newswire
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Re: The Shining City Upon a Hill
Sinema censured by Arizona Democrats over filibuster stance that blocked voting rights legislation
The Arizona Democratic Party's executive board announced Saturday that it formally censured Arizona Democratic Sen. Kyrsten Sinema for voting to maintain the Senate's filibuster rules, effectively blocking Democrats' voting legislation that is a key priority for the party.
The symbolic gesture Saturday from Arizona Democrats adds to the mounting pressure Sinema is facing from those in her state who helped her flip a Senate seat in 2018. Sinema -- who started her political career as a progressive -- has been a target on the left during Biden's administration for her stances.
Sinema and Sen. Joe Manchin of West Virginia, both centrists, were the only two Democrats on Wednesday to join all Republicans in voting to maintain the Senate's 60-vote threshold to overcome a filibuster on legislationbacks Democrats' voting rights proposals, Sinema said in a statement Wednesday that she maintained her longstanding opposition to "actions that would deepen our divisions and risk repeated radical reversals in federal policy, cementing uncertainty and further eroding confidence in our government."
Arizona Democratic Party's state committee members in September had approved a resolution outlining potential action the party would take against Sinema if she "does not vote in favor of Filibuster reform" to allow the passage of voting rights legislation. The resolution also allowed for the executive board to issue a formal letter of censure to Sinema with the "clear understanding that she could potentially lose the support of the ADP in 2024."
Democrats have grown increasingly frustrated with Sinema and Manchin in recent months as they continue to vote against the wishes of Democratic leaders while the party has a slim majority in the House and Senate -- which they could possibly lose in the upcoming 2022 midterms.
Arizona Democrat Rep. Ruben Gallego has been getting calls from others in the party, including Sinema's Senate colleagues, urging him to run against her. Gallego says that Sinema could be vulnerable in a primary.
Sinema was also a critic of President Joe Biden's Build Back Better Act's original $3.5 trillion price tag, which could also only be passed with 51 votes, and pushed to pare down the cost.
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Re: The Shining City Upon a Hill
In US politics, Censure is a formal disapproval by governing members that goes on the record.
Censure does not result in removal from office but could hurt Sinema’s 2024 re-election chances, as well as tarnish her reputation and legacy.Comment
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Re: The Shining City Upon a Hill
Sinema censured by Arizona Democrats over filibuster stance that blocked voting rights legislation
The Arizona Democratic Party's executive board announced Saturday that it formally censured Arizona Democratic Sen. Kyrsten Sinema for voting to maintain the Senate's filibuster rules, effectively blocking Democrats' voting legislation that is a key priority for the party.
The symbolic gesture Saturday from Arizona Democrats adds to the mounting pressure Sinema is facing from those in her state who helped her flip a Senate seat in 2018. Sinema -- who started her political career as a progressive -- has been a target on the left during Biden's administration for her stances.
Sinema and Sen. Joe Manchin of West Virginia, both centrists, were the only two Democrats on Wednesday to join all Republicans in voting to maintain the Senate's 60-vote threshold to overcome a filibuster on legislationbacks Democrats' voting rights proposals, Sinema said in a statement Wednesday that she maintained her longstanding opposition to "actions that would deepen our divisions and risk repeated radical reversals in federal policy, cementing uncertainty and further eroding confidence in our government."
Arizona Democratic Party's state committee members in September had approved a resolution outlining potential action the party would take against Sinema if she "does not vote in favor of Filibuster reform" to allow the passage of voting rights legislation. The resolution also allowed for the executive board to issue a formal letter of censure to Sinema with the "clear understanding that she could potentially lose the support of the ADP in 2024."
Democrats have grown increasingly frustrated with Sinema and Manchin in recent months as they continue to vote against the wishes of Democratic leaders while the party has a slim majority in the House and Senate -- which they could possibly lose in the upcoming 2022 midterms.
Arizona Democrat Rep. Ruben Gallego has been getting calls from others in the party, including Sinema's Senate colleagues, urging him to run against her. Gallego says that Sinema could be vulnerable in a primary.
Sinema was also a critic of President Joe Biden's Build Back Better Act's original $3.5 trillion price tag, which could also only be passed with 51 votes, and pushed to pare down the cost.
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Re: The Shining City Upon a Hill
I'm sorry but a state censuring a sitting US Senator means absolutely nothing. She is not up for reelection until 2024. All they are doing is encouraging her to change party preference to Republican. When she does that gives the Republican Party control of the Senate with 51 members. Look for Manchin to do like wise.
Like Slim said a nothing burger.. Liz is making a mockery of the J6 commission.
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