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by kurthr 1669 days ago
LOL, the current political heads for the state of Texas (and county of Taylor) will happily trade future liability of their constituents for investment now (and kickbacks later). Honestly, I think Samsung's management is more comfortable in this sort of "political" environment than many others.

If you watch local news reporting, it's hilarious that they (politicians) have no idea what the "factory" does. I'm personally highly doubtful that a fab which hasn't broken ground will be producing viable 5nm at the 2H of 2024 as claimed (or cyber trucks for that matter).
1 comments
kortilla 1669 days ago
> the current political heads for the state of Texas (and county of Taylor) will happily trade future liability of their constituents for investment now (and kickbacks later)

Do you have some examples of this?

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kurthr 1669 days ago
ERCOT, the massive statewide blackouts, and bailing out massive price gouging of the electric utilities that basically makes the reliability of the grid an issue in the first place? https://www.texastribune.org/2021/05/25/electricity-market-f...

Or, in general: https://www.texastribune.org/2017/08/09/are-business-ties-be...

Billion dollar "public/private" investments turn in to boondoggles except for those who retire as lobbyists or foreign firms who pick up the pieces of the bankruptcy.

link