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Texas Investing $300,000 to Help Gun Manufacturer Expand, Create Jobs
Breitbart.com ^ | June 29, 2014 | AWR Hawkins

Posted on 06/29/2014 6:39:46 PM PDT by PROCON

On June 27 the office of Texas Governor Rick Perry (R) announced a Texas Enterprise Fund (TEF) investment of $300,000 for shotgun maker Maverick Arms.

The TEF investment will be added to Maverick Arms own "$3.4 million in capital investment" to expand their Eagle Pass, TX, manufacturing facility.

According to Perry's office, Governor Perry said "[the] TEF investment in Maverick Arms will help create jobs and opportunity in Eagle Pass, while reaffirming Texas' longstanding support of the Second Amendment."

"Maverick Arms is a subsidiary of Mossberg Corp.," which is "the oldest family-owned firearm maker in America."

Mossberg CEO Iver Mossberg commented on the Texas expansion: "Investing in Texas was an easy decision. It's a state that's not only committed to economic growth but also honors and respects the 2nd Amendment and the firearm freedoms it guarantees to our customers."

(Excerpt) Read more at breitbart.com ...


TOPICS: Chit/Chat
KEYWORDS: 2ndammendment; banglist; maverickarms; mossberg; texas
I just love articles that make liberal heads explode. I'm a few years from retirement, might move to Texas.
1 posted on 06/29/2014 6:39:46 PM PDT by PROCON
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To: PROCON

It should make conservative heads explode as well.

“Investing” LOL


2 posted on 06/29/2014 6:41:44 PM PDT by cripplecreek (Remember the River Raisin.)
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To: PROCON

That’s just like California, except for the being opposite part.


3 posted on 06/29/2014 6:42:02 PM PDT by ansel12 (( Rand Paul---What a tragedy if America wouldn't have gotten to see Barack Obama as a leader.)
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To: PROCON

What is the projected rate of return on this $300,000.00 investment?

What percent of the company will the people of Texas now own?


4 posted on 06/29/2014 6:45:29 PM PDT by Oliviaforever
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To: cripplecreek

Hey, what’s wrong with investing in jobs? I’m sure the state of Texas will also get a monetary return on their investment.


5 posted on 06/29/2014 6:45:42 PM PDT by PROCON (Those who are capable of Tyranny are capable of Deceit to sustain it.)
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To: PROCON
Government has no business choosing winners and losers with our money, even Texas and even the gun industry.
6 posted on 06/29/2014 6:47:06 PM PDT by E. Pluribus Unum ("The more numerous the laws, the more corrupt the government." --Tacitus)
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To: E. Pluribus Unum

Give the same breaks to everybody or not at all.


7 posted on 06/29/2014 6:49:22 PM PDT by cripplecreek (Remember the River Raisin.)
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To: cripplecreek

It’s the American way. What they’re doing is the fascist way.


8 posted on 06/29/2014 6:50:48 PM PDT by E. Pluribus Unum ("The more numerous the laws, the more corrupt the government." --Tacitus)
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To: PROCON

Just like I don’t like solar company subsidies, I do not like gun manufacturer subsidies.


9 posted on 06/29/2014 6:52:34 PM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: PROCON

Plant expansion and 50 new jobs....


10 posted on 06/29/2014 6:56:32 PM PDT by deport
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To: goodwithagun
Just like I don’t like solar company subsidies, I do not like gun manufacturer subsidies.

Big difference; it's an investment with a common rate of return. You think Solendra was an investment? No that was a government subsidy, a poor one.

11 posted on 06/29/2014 6:57:53 PM PDT by PROCON (Those who are capable of Tyranny are capable of Deceit to sustain it.)
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To: PROCON

Isn’t the Maverick a plainer version of the already plain Mossberg model 500.


12 posted on 06/29/2014 7:00:51 PM PDT by yarddog (Romans 8: verses 38 and 39. "For I am persuaded".)
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To: PROCON

Taxpayer dollars should never be used this way.


13 posted on 06/29/2014 7:01:01 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: cripplecreek

No different than giving funds to Solyndra or Planned Parenthood or GM in my book


14 posted on 06/29/2014 7:01:32 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: PROCON

I wish they could have fancied it up a bit to create a more colorful return, like commissioning “artwork” guns to be given as awards, and maybe a special run of guns that are unique to Texas.


15 posted on 06/29/2014 7:27:08 PM PDT by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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To: PROCON

I’m a few years from retirement, might move to Texas.”

Might want to make sure you can read and speak Spanish.


16 posted on 06/29/2014 7:49:12 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: PROCON

Instead maybe Gov. Perry should have used the 300k for seed corn to start a “State Bank” like North Dakota and then they could have made a loan to said Firearms Manufacturer....


17 posted on 06/29/2014 7:54:58 PM PDT by taildragger (Not my Circus, Not my Monkey ( Boy does that apply to DC...))
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To: PROCON

Absolutely.

I have no problem giving tax breaks to companies wishing to relocate to Texas. Toyota moving to Frisco for instance. Stimulates the local economy, decreases unemployment in the relocation areas, increases sales and franchise tax.


18 posted on 06/29/2014 8:00:02 PM PDT by berdie
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To: PROCON
Maverick Firearms is a subsidiary of O.F. Mossberg & Sons. A great catch for Texas.
19 posted on 06/29/2014 9:44:51 PM PDT by MasterGunner01
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To: MasterGunner01
Maverick Firearms is a subsidiary of O.F. Mossberg & Sons. A great catch for Texas.

Thanks for the info. I've been getting so much flack on this thread from FReepers who think this is a bad idea; Hell, Texas is going to get a great return on their investment both in jobs and a monetary return plus interest!

20 posted on 06/29/2014 9:51:53 PM PDT by PROCON (I WILL NOT SUBMIT TO TYRANNY!)
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To: PROCON
I don't understand how a new firearms manufacturer setting up shop in Texas is bad.

Trivia: There are two spellings:

1. Flack is a public relations fibber.

2. Flak is a German abbreviation for flieger abwehr kanone = antiaircraft gun or antiaircraft fire (from its association with the weapon). Its current usage is a slang term for people who oppose another person's point of view. Example: “When you're catching a lot of media flak, you've hit their soft spot.”

21 posted on 06/29/2014 10:07:31 PM PDT by MasterGunner01
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To: MasterGunner01
Man, are you a stickler. OK, how about I'm getting a whole lot of crap from FReepers. You got too much time on your hands, bro :-)
22 posted on 06/29/2014 10:11:00 PM PDT by PROCON (I WILL NOT SUBMIT TO TYRANNY!)
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To: PROCON

Oh, no. Don’t take it as a criticism. There are a lot of people who don’t know the difference between ‘flack’ and ‘flak’. I’m a military historian and I knew this, but there are (supposedly) brilliant members of the media that do not know the difference! (You know the type: they tell everyone they know everything about anything.)


23 posted on 06/30/2014 12:28:05 AM PDT by MasterGunner01
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To: GeronL

Texas is among the worst offenders when it comes to giving money to green energy as well.


24 posted on 06/30/2014 3:22:07 AM PDT by cripplecreek (Remember the River Raisin.)
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To: cripplecreek

We are?

You might want to ask T. Boone Pickens how that worked out for him. :)


25 posted on 06/30/2014 8:29:19 PM PDT by berdie
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To: berdie

Yes you are.


26 posted on 07/01/2014 3:55:31 AM PDT by cripplecreek (Remember the River Raisin.)
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To: cripplecreek

Sorry it is taking so long to gat back to you.
Do you have a source for that claim?


27 posted on 07/03/2014 8:13:05 PM PDT by berdie
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To: PROCON

“Big difference; it’s an investment with a common rate of return”

So how much will each citizen of Texas get exactly?


28 posted on 07/03/2014 8:17:03 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: Lurker

Mis-use of taxpayer funds. These companies are not part of government or of the necessary functions of a government. Good governments do not take from the people and give it to private entities. Private companies are supposed to make their own money.


29 posted on 07/03/2014 8:19:29 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: berdie

LOL now that is some serious internet childishness.

http://governor.state.tx.us/priorities/economy/investing_for_growth/texas_enterprise_fund/

Do your own research or remain ignorant.


30 posted on 07/04/2014 3:26:05 AM PDT by cripplecreek (Remember the River Raisin.)
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To: cripplecreek

That is a pretty odd response to a question.

I was simply wondering if you had a source regarding your post about Texas being one of the worst offenders for devoting funds for green energy. I couldn’t find anything about that and thought you might have that information.

It appears that you do not. The link you provided doesn’t reference green energy...and I am quite aware of the Enterprise Fund.

Thanks anyway.


31 posted on 07/04/2014 10:16:05 AM PDT by berdie
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