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Sen. Warner promotes jobs bill at Franklin

Posted to: Jobs News

FRANKLIN

U.S. Sen. Mark Warner said Tuesday that he will introduce a bill next week to set aside up to $100 million a year to coax overseas companies to move jobs to the United States.

"I'm tired of jobs continuing to exit this country and go abroad," Warner said.

Speaking in Franklin, the Democrat said the bill would come too late to help workers at the International Paper mill, which will close later this year. But International Paper's decision to shut the mill while maintaining others overseas, he said, reflects trends that the country is battling.

"It does seem curious to me that the company has made significant investments in Brazil and other countries," Warner said.

His bill, "America Recruits Act of 2010," will seek $40 million to $100 million a year. The money, at up to $10,000 a job, would be provided to companies that shift jobs to the United States that otherwise would be based overseas. The focus would be information-technology and manufacturing jobs.

The money would come in the form of interest-free loans that would be forgiven if the jobs were maintained.

When he was governor, Warner said, he often had to fend off other countries while trying to lure companies to Virginia.

"We put some pretty good packages together only to see Korea eat our lunch," he said. "Our competition, quite honestly, isn't North Carolina or Maryland. Our competition is India, China, Mexico, Canada and Germany."

Warner spoke at a luncheon of the Franklin/Southampton Area Chamber of Commerce at Cypress Cove Country Club.

He also said he had lobbied members of President Obama's administration to use $30 billion in unspent money from the Troubled Asset Relief Program to increase lending to small businesses, which he said remains constricted by the delicate economy.

During his talk, he voiced frustrations both with the debate in Washington on the health care bill and the perceptions surrounding it.

"This bill isn't perfect, but if we don't do something about health care costs, this country is going to go over the brink," Warner said. "... Eighty percent of this bill is stuff that both sides agree on," such as wellness initiatives.

He said he believes families should be encouraged to have "conversations about end-of-life issues."

"That got immediately branded as death panels," Warner said. "That's not how responsible people ought to be talking about this."

After the luncheon, he visited the International Paper mill to talk with officials of agencies including the Virginia Employment Commission and Opportunity Inc. about efforts to find new jobs for workers.

Philip Walzer, (757) 222-3864, phil.walzer@pilotonline.com

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Mixed bag from the Senator

I'm not easily impressed, but I have to admit I was somewhat with him. Was at the luncheon and heard his talk. Appreciate that he has some independent views from the party, he seems to genuinely care and was most impressed that he pressed to get people to make commitments at his meetings and not take lip service promises.
However, comments like the "80 percent agreement" in the Health bill was superficial. Logical question would be: If we could get 80 percent passed, why didn't we stop there, pass that much and live to fight another day? Little bites. Also, if 60 on the same team won't vote for the bill without "sweetheart deals" then why would the minority party? Especially since NONE of the points they wanted made it in. Should have included some Tort Reform or removed barriers to interstate insurance plans if they wanted GOP votes. Healthcare going to break the US?--we need more people pulling the wagon and less people in the wagon. Also, Small Biz are sitting on sidelines, waiting to see what happens before they ask for loans. That's why there's not a lot moving.

TRIP is dead on

Exactly what Trip said. Our overpaid "leaders" shoved a GATT/NAFTA treaty into law enabling the corporacracy to move out of our country without even an 'I-promise-I'll-call-you' kiss good-bye, enriching the CEO's and the entitled 'in-the-know' elite all the while touting the glories of global trade and a modern 'free market' economy for the average American.
Then when companies move out and leave us feeling rather used and a bit dirty they feign surprise that something "needs to be done". Yes, senator, something needs to be done,but I would rather not take that advice from you if you please.
Your kin in DC,regardless of your animal associations, passed the Glass-Steagall Act that high school kids in the future will learn was the beginning of the end of any type of nominal regulation.
Consequentially us mortals get to buy a wide variety of cheap crap from China at Wal-Mart, Financial houses flow with milk and honey that artificially made GDP numbers soar while we all still had a job and it works great, until it doesn't.George Orwell was an optimist.

Warner & Jobs

The reason, Senator Warner, that jobs flee to countries like Brazil, is that the cost of doing business in the USA has become prohibitively expensive. Money follows return on investment. Money has no borders.
Federal economic policies are inflationary at best and totally irresponsible. My suggestion is to look at post WW-1 Germany and post
WW-2 Argentina for a peek at our future.

Right on man!

We should have done here what, in 1997 the state of Rio Grande did. They privatized the local port and phone company and allocated the proceeds to pay for investment incentives earmarked for attracting car plants. Both General Motors and Ford signed deals to build new factories near Porto Alegre. According to the terms of the agreements General Motors will pay no state sales tax for 15 years. This is all in addition to huge low interest loans granted by the state. The generosity of these terms apparently gave rise to considerable political controversy within the state (stupid taxpayers) but, hey so what, right?

Should we privatize NIT and use the money to attract investors? Do we really want to be more like Brazil? Or did they / do they get taken advantage of in many cases?

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