Socialized tire making | Arkansas Blog

Thursday, December 4, 2008

Socialized tire making

Posted By on Thu, Dec 4, 2008 at 6:05 AM

You betcha Arkansas is unlimbering its wallet for Cooper Tire's extortion of four states now in a bidding war to avoid a shutdown of one of its plants. How much? Governor Beebe won't say.

Remember though that this corporate welfare payment will be for a plant that 1) employs at least half Texans; 2) where workers who do live in Arkansas pay no state income tax; 3) where the majority of spending power generated by the plant is spent in Texas. Property tax on the plant does accrue to the benefit of local school districts.

Bailout of a school district is enough to justify special handling in the world of Arkansas free enterprise, however. Elsewhere in the news, you'll read that SWEPCO thinks the customary practice of not allowing construction of power plants to continue while air permits are being appealed should be set aside in the case of its poisonous coal-burning plant in Hempstead Coujnty. Why?  Because, its mouthpieces say, it's vital to create some new tax revenue for the failing Mineral Springs school district. Build a power plant to save a school district that should be consolidated? Yes, that should make perfect sense to Arkansas policy makers.

UPDATE: Steve Harrelson's blog predicts Cooper's decision will come down to Texarkana vs. a Georgia site.

THOUGHT: What if all four states told Cooper to go to hell. What if they said: "We won't be extorted. Make your decision on which plant is most efficient, most profitable and highest quality. Because, really, isn't that how you'll make that decision for the long term anyway? Somebody's gotta lose, but most likely it will be the one that was going to lose in the first place."

PS: You've probably forgotten that Cooper lost a whopper of a class action lawsuit because of shoddy production and sale of defective tires.

From the ArkTimes store



Subscribe to this thread:

Add a comment

More by Max Brantley

Readers also liked…

  • Judge Griffen: Why black lives matter

    Another few words from Judge Wendell Griffen growing from the controversy over the sale of Black Lives Matter T-shirts at the state black history museum — removed by the administration and restored after protests from Griffen and others stirred by a story in the Arkansas Times:
    • Mar 13, 2016
  • Mitch Landrieu on the removal of Confederate tributes in New Orleans

    You want to hear the words of a strong mayor? Read the speech delivered by New Orleans Mayor Mitch Landrieu on the removal of the last of four Lost Cause tributes in the city. THIS is a strong mayor. Brilliant.
    • May 22, 2017
  • LR speakers blast state board for double standard

    A series of speakers, beginning with Sen. Joyce Elliott, denounced what they saw as a hidden agenda favoring charter schools at the state Department of Education and asked the state Board of Education for return of local control.
    • May 12, 2016

Most Shared

  • Guest Playlist: Flap Jones of "Not Necessarily Nashville" schools us on real country music

    "Not Necessarily Nashville," which airs on KUAR-FM 89.1 every Saturday, 7 p.m.-9 p.m., celebrates three decades of the "best of the rest of country music" Saturday, October 21 at the White Water Tavern with Brad Williams of The Salty Dogs & The Creek Rocks, and we asked host Flap Jones to curate a playlist for us ahead of that anniversary celebration.
  • Discussion: State killing of the mentally ill

    The Arkansas Coalition to Abolish the Death Penalty and others will have a forum on mental illness and the death penalty at 6:30 p.m. Monday at the Bowen School of Law's Friday Courtroom.

Most Recent Comments

  • Re: Saturday night live

    • NVR...hadn't hit me as to why it has been so quiet around here. A mystery…

    • on October 22, 2017
  • Re: Saturday night live

    • Vanessa, we don't cater so much to touristas, down here. But to answer your queston,…

    • on October 22, 2017
  • Re: The Donald Trump show in Bentonville

    • BROTHERHOOD OF ILLUMINATI Easy way to join the Illuminati brotherhood in the world. Are you…

    • on October 22, 2017



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation