Hopkins has taken the wealth of Baltimore over these few decades and expanded to many of the nations now tied to Trans Pacific Trade Pact and was probably involved in installing these nations' dictators as well. Hopkins has been overseas working with the dictator's friends in creating multi-national corporations headquartered in those nations and these are the global corporations that will come to fill the global corporate campuses and global factories Hogan and PUGH and the Wall Street Baltimore Development Corporation establishment want. UnderArmour has been tied to these nations for decades and embraces these ruthless dictators for the slave labor and environmental devastation they allow.
WHEN A CANDIDATE FOR MAYOR SAYS HE/SHE SUPPORTS THIS MASTER PLAN THEY KNOW ALL THIS IS COMING AS DO THE LEADERS OF ORGANIZATIONS FIXING DEMOCRATIC PRIMARY RACES TO THESE ESTABLISHMENT CANDIDATES.
Citizens in Baltimore have already lived this life of third world autocratic dictator in Hopkins and Baltimore Development----but now citizens know those foreign corporations and executives are coming with NO REFERENCE to what it is to be American.
When Joshua Harris running in the Baltimore Mayoral race first as an Obama Wall Street global corporate neo-liberal and then moving to Green Party to get more name recognition says in December in an interview with Marc Steiner-----I travelled to Arabia to look at green energy construction----and when he ties himself to a Congressional pol who would be lobbying for business for global green corporations in the US----Brunei is on that circuit. This is how we know Harris is Global Green Corporation neo-liberal----and he is lobbying to sell Brunei green products or he and others are trying to create multi-national mergers with what we see below----solar corporations in Brunei. So, whether Hopkins or anyone global corporation ----partnered with this Brunei solar corporation ---brings that foreign corporation to the US and VOILA----we have a global corporate factory operating in the US as they do in Brunei complete with Brunei's export of immigrant labor.
THIS IS THE GOAL OF FILLING BALTIMORE WITH THE FRIENDS OF BRUNEI'S DICTATOR AS FOREIGN CORPORATE OWNERS/EXECUTIVES----AND BRINGING BRUNEI'S PASSION FOR GLOBAL SWEATSHOP FACTORIES TO BALTIMORE.
That's why I shouted through this mayoral race-----Wall Street players are given talking points that have nothing to do with the goals they have been given in running for office and they WILL TIE TO WALL STREET BALTIMORE DEVELOPMENT AND A VERY, VERY, VERY FAR-RIGHT JOHNS HOPKINS.
Everything Solar, Brunei
April 24 at 8:38am · Elegant design. Intelligent lighting system. Wide coverage.
Our Integrated SOLAR Street Light is suitable for use at home, parks, commercial area, school compound, military base, parking lots and roadways.
Just for B$259 per unit, you don't have to spend on electrical bill, wiring cost and landscape replacement cost among others. Very easy to install. No electricity bill to incur. Just FREE and clean energy from the Sun.
This model is designed to optimise its energy to last 3 nights at full charge by adopting an intelligent lighting system whereby it lights up at a constant 300 lumens for the first 5 hours of the night (that's when you need constant lights the most) and then for the next 7 hours - that is till the Sun comes up, it will be dimmed down to 150 lumens when idle (to save energy) but will jump up to 1000 lumens whenever motion is detected (at the same time providing added security within your perimeter).
Available now at Macammacam Ada Enterprise at Unit 39A, First Floor, Airport Mall, Berakas.
For more info: https://www.solarbrunei.com/…/integrated-street-light-qst-p…
*Note: Pole is not included with this package.
___________________________________________
I have many first time public policy students who will openly say---I don't know the difference between having a corporation come to Baltimore whether US or multi-national so they think jobs----but have no connection to how these global corporations will treat the city or people. Citizens are told----YOU WILL BE ABLE TO WALK TO WORK----when talking of these global corporate campus 'headquarters' that expand and bring multi-national corporations from Vietnam, Brunei, Malaysia as global garment factories, global dye factories, global robotics factories. Being able to WALK TO WORK looks different if you are strolling from Fells Point to downtown than it does if you are living/eating/schooled/working on that one global corporate campus with the third world International Economic Zone policies. Baltimore City center LOOKS like it is becoming middle-class but if these policies of global corporate campus continue----these city center communities will have executives from Brunei, Vietnam, Peru, Malaysia, strolling to work as the world's rich filling our city center. Meanwhile, citizens of Baltimore will be the ones waking up on global corporate campuses after 15-18 hours of sweat shop work.
America has always had global markets and corporations----the difference being our monopoly laws and US Constitution was written to KEEP THIS MULTI-NATIONAL CORPORATION STRUCTURE OUT OF THE US----it is not allowed because it is designed to make of the US a colonial status with no protections for our nation, states, cities, and citizens---they operate under global practices of NO REAL RULE OF LAW.
The gentleman who called during my Marc Steiner interview saying just that----he would be strolling to work from Fells Point to a job downtown is being told that by someone probably tied to Baltimore Development 'justice' non-profits or mayoral candidates.
Multinational Corporations
allensens
Uploaded on Feb 27, 2012For-profit enterprises with operations in more than one state. MNCs are common but their role and impact in global politics is controversial.
Now that UnderArmour has the corporate campus footprint at Cove Point it now decides all of what global retail, hotels, and its development and real estate corporation controls all that business activity. Then, in the next several years we will see UnderArmour real estate allowed to buy further north and they will decide which foreign partner they bring as a global factory-----and that is when the real extent of these global campuses will be shown although Wall Street global corporate pols and Baltimore Development know this is the Master Plan and it is why the entire surrounding communities in Baltimore and other US cities deemed International Economic Zones were allowed to crumble----and now they are simply pushing citizens out---first the working class and poor---and then they will force the middle-class they are bringing in now in this transition. They need people earning enough to pay more and more taxes to fund all this. THAT IS CORPORATE SUSTAINABILITY YOU KNOW.
I like his reference to Disney as BEAUTY AND THE BEAST......this is the Hollywood Clinton worked to make global in the 1990s----and it is consolidated global media--- Over the decade Baltimore will see a growing 'density' of immigrant workers because these global corporate campuses and factories use millions of people---and it starts with the foreign executives from those Trans Pacific Trade Pact nations..
Baltimore citizens are not allowed to know these goals----Baltimore Development 'justice' non-profits only shout against the smallest of problems as all this is planned then next decade when they start expanding----those same non-profits will be really mad about that as well. This is what I call ----THEY KNOW---- we must stop thinking only of a next job and think how to return to an economy that will provide HUNDREDS OF THOUSANDS OF SMALL BUSINESS JOBS.
Under Armour Performance Center
**Non-UA employee review** Gyms are expensive in Baltimore. I moved from Philly where you had your choice of quality, non Planet Fitness or Gold's Gym that were less than $50/month and included classes. To say the least, I was shocked at the prices in Baltimore -- at least in the Fed Hill, Locust Point areas.
The Under Armour Combine Training center is $50/month for non-UA employees. It's a small, no thrills gym. Classes not included in the monthly price. Depending on the day/time trainers can be holding group seasons and hogging up the 5 treadmills. I find this to be a little annoying as there is a brand new, larger gym for UA employees only less than 100 feet away.
The staff is friendly and if you can get past the fact that you'll be the only one not decked out in UA gear its a decent (& probably cheapest) option in the area.
Kevin Plank sees Fells Point Rec Pier hotel as an extension of Under Armour
Mar 3, 2015, 1:46pm EST Updated Mar 3, 2015, 2:15pm EST
Industries & Tags
Commercial Real Estate
Kevin Litten Reporter Baltimore Business Journal
The Recreation Pier hotel project in Fells Point will become an extension of the Under Armour Inc. brand and a tool for attracting people to the city.
That's how Under Armour CEO Kevin Plank sees his $60 million investment in the conversion of the 100-year-old pier and head house into an "incredibly nice" 128-room hotel. Plank plans to celebrate the groundbreaking of the hotel during a ceremony Wednesday. Plank's privately held real estate company, Sagamore Development Co. LLC, is developing the project, which is expected to be completed in fall 2016.
This is a rendering of how the hotel will appear from the exterior when complete. The… more
Sagamore acquired the property from the city in June for $3.4 million.
Plank said in an interview Monday the hotel is part of a strategy to provide Under Armour guests with a unique Baltimore experience. That will include allowing people to depart the Under Armour headquarters in Tide Point on an authentic Chesapeake Bay crab boat, voyage across the Inner Harbor and arrive in style at the hotel.
"We tell stories for a living — we tell great stories and we build products to support those stories," Plank said. "When [visitors] come here, I want them to have a proper hotel to stay at. When they come and visit, I want them to see a proper campus. I want them to see unique things we have like the distillery."
Although Plank considers the Four Seasons Hotel Baltimore to be a good option for visitors, the Recreation Pier project will "be different than a Four Seasons — it'll be unique to the other properties and unique to Fells Point," he said.
Plank said he is close to announcing who will run the hotel, adding it will be "a world-class operator that will elevate the city."
Plank became interested in taking on the hotel project, he said, because he could see from his office that the pier was on the verge of collapsing into the harbor.
"I stared out my window [at the Recreation Pier] and it depressed me every day," Plank said. "I said we should breathe some life into it."
_______________________________________________
National media always acts as though our Congressional pols don't know what Trans Pacific Trade Pact says----or that the corporate lobbying is about doing business in the US----but Maryland's pols for life-----Cummings, Sarbanes, Cardin, Mikulski and all other pols have been working exclusively since Clinton to expand these global corporations overseas and they act as lobbyists as they do these overseas tours----whether Congress or governor---this is why Maryland's Gov Hogan wears TEAM UNDERARMOUR as his official on-the-job outfit. So, Congressional staff are hired to do just that---they have absolutely no connection to citizens----they are focused on helping some global corporation in the district more market-share overseas. This is why they would support an UnderArmour campus----only working to be tied to the foreign corporations UnderArmour will bring with them.
The idea that Congress thinks the American people believe global corporations have trillions parked offshore and are not bringing them into the country tax-free to build these US International Economic Zone global corporate campuses is RIDICULOUS. OBAMA'S IRS DOES NOT EVEN AUDIT OR LOOK AT CORPORATE TAX RETURNS----so we are seeing what would be tax revenue coming to our state and city from the Federal government now being sold as CORPORATE DONATION IN FIXING UP OUR COMMUNITIES.....ergo, they are simply building their global corporate campus. So, they pay no taxes as law requires on work overseas with all those products sold in the US----they get tons of corporate subsidy from state and local government to build these corporate campuses citizens are so desperate for jobs and need----and then they write-off much of this expense as SOCIAL BENEFIT----they are doing us a favor for building this global corporate campus.
Obviously Congressional, state and local pols are profiting from this----either they are getting in on stock market profits as we saw with the Pelosi/Cardin Insider Trading----or they are being allowed into real estate deals----they are being allowed to be that subcontractor to subcontractor local business that will simply be pushed out of business later----but THERE IS NO HONOR AMONGST THIEVES---AND YOU WILL BE THROWN UNDER THE BUS AS BILLIONNAIRES DO NOT SHARE ANY WEALTH.
This is how you know pols shouting that corporations with offshore tax debt needs to pay now ARE ONLY PROGRESSIVE POSING. They are filtering all these tax debts into these US International Economic Zones and calling the development SOCIAL GOOD. Meanwhile, cities like Baltimore are starved for tax revenue and all that is paid by Baltimore citizens and small business goes only to these global corporate campus development and this will not change when we leave the same people in office.
Wealthy corporations with a trillion dollars stashed offshore lobby for a 'holiday' from U.S. taxes
Rich corporations with money offshore want a tax holiday; Sen. Carl Levin says, 'I want them to pay their taxes like the rest of us'
REALLY CARL LEVIN? DO YOU REALLY?
By John Aloysius FarrellAaron Mehta
6:00 am, October 24, 2011 Updated: 12:19 pm, May 19, 2014
Shoppers in Shanghai try the Apple iPad. Apple sales in China top $13 billion.
AP
By Aaron Mehta
November 2, 2011
As they lobby for a tax holiday, some big multinational players say they've got plenty of cash on hand
By John Aloysius Farrell and Aaron Mehta
November 4, 2011
Senate committee finds most 'trapped' offshore income is already in U.S.
By John Aloysius Farrell
December 15, 2011
Goaded by battalions of corporate lobbyists, members of Congress are working to give a select group of U.S. multinational firms like Apple, Oracle and Pfizer a lavish tax break on a trillion dollars stashed offshore.
The avowed goal is to generate jobs and investment, but the offshore tax holiday was tried before, in 2004, and the lion’s share of the benefits went not to unemployed workers and their families, but to corporate shareholders and executives.
With today’s high unemployment, and soaring costs for college, health care and other family essentials, critics are asking why an elite class of corporations and their shareholders should get a huge tax break on overseas profits.
The proposed tax holiday could cost the Treasury from $40 billion to $80 billion over the next decade, and the high cost of the measure is one reason that its prospects for passage are mixed.
But 73 members of Congress, both Republicans and Democrats, have signed up as co-sponsors. And cash-rich mega corporations are pushing hard for the tax break.
A number of trade groups and corporations that would benefit have joined in a coalition called WIN America. New lobbying disclosure reports show that the group and its member firms have spent millions of dollars, and employed dozens of lobbyists, to press for the tax break, according to an analysis by iWatch News.
The current rules for tax repatriation, as the process is called, are a thorn for U.S. firms that make money overseas. American companies face a 35 percent corporate income tax. Money earned offshore is taxed only by the country of origin until it is “repatriated” to the U.S., at which time an additional tax is levied to make up any difference and bring the rate to 35 percent.
The 2004 holiday allowed U.S. firms to bring their offshore profits back and pay a rate of only 5.25 percent.
“The repatriation tax break created a competitive disadvantage for domestic businesses that chose not to engage in offshore operations or investments and provided a windfall for multinationals in a few industries without benefiting the U.S. economy as a whole,” said the Democratic staff of the Senate Permanent Subcommittee on Investigations, in its Oct. 11, 2011 report, done in response to the new push for another tax holiday.
“I want them to pay their taxes like the rest of us,” said Sen. Carl Levin, the Democrat from Michigan whose committee compiled the report. Michigan’s unemployment remains among the highest in the country. “The rest of us don’t get a tax holiday.”
Benefitting the Few
There are 27 million businesses in America, and almost 10,000 have foreign subsidiaries and could qualify for the tax break. Yet only 843 of these firms took advantage of the bargain tax rates set by the 2004 law, the IRS says.
Those 843 companies brought around $362 billion home from overseas. More than half the benefits went to only 15 firms. And just five — Pfizer, Merck, Hewlett-Packard, Johnson & Johnson and IBM — retrieved $88 billion, a fourth of the funds returned.
Two sectors profited disproportionately. Drug companies brought home some 29 percent of the repatriated funds; the computer and electronics industry another 19 percent, according to an IRS analysis.
The holiday also rewarded those who were using offshore funds to dodge taxes in the first place. Among the firms most likely to participate in the tax holiday were many that regularly stash their earnings in tax havens. The countries of incorporation with the largest percentage of repatriated funds under the 2004 law included the Netherlands, Switzerland, Bermuda, Ireland, Luxembourg and the Cayman Islands.
In many cases, the money was moved through shell companies, often just mailbox drops, that had no employees or physical assets.
Intel and Coca-Cola, the Senate inquiry determined, used shell companies in the Cayman Islands. Proctor & Gamble used a holding company in Bermuda that had no physical office and no full-time employees. Eli Lilly used Switzerland and the British Virgin Islands. Oracle employed an Irish subsidiary.
Many firms used the “repatriated” money, as it is known, to launch stock buy-back efforts, boosting the value of their shares and — via stock awards to senior managers — hiking executive compensation rather than investing the money in new jobs or research and development, as the bill intended.
Because of the law’s lax safeguards, firms that took advantage of the tax break in 2004 “did not … significantly increase employment or research and development,” Dhammika Dharmapala, an expert on tax policy, and one of the authors of a National Bureau of Economic Research (NBER) study of the 2004 holiday, told iWatch News.
Then, as now, the bill’s proponents insisted that they had included safeguards to guarantee that the benefits of the tax break would be used to create jobs and spur investment. But in the 2004 law, these measures were easily dodged.
The language of the law expressly forbade companies from using repatriated funds for stock buybacks or executive compensation. But that did nothing to keep companies from doing so. “Estimates imply that firms returned almost all of the repatriated cash to shareholders — a use that was explicitly not permitted,” the NBER study concluded. The NBER is a nonpartisan organization whose ranks of current and former members are salted with Nobel Prize-winning economists.
The NBER study of all companies that cashed in on the holiday calculated that 60 percent to 92 percent of the money repatriated was used for payouts to shareholders.
“Stock repurchases and executive compensation climbed at the largest repatriating corporations, while hiring stagnated or declined,” according to the Senate committee’s study of 15 leading firms that profited from the tax break.
Drug giant Pfizer, which repatriated the single largest chunk of cash — $37 billion — announced that it was laying off thousands of employees in 2005. Yet from 2004 through 2006, according to the Senate inquiry, Pfizer repurchased over $17 billion of its stock, and awarded its five most highly compensated executives with shares worth $30 million.
“If you’re looking for straight up, direct job creation, the evidence isn’t there,” says Michael Mundaca, until this summer the Assistant Treasury Secretary for Tax Policy in the Obama administration.
Lobbying HardThe financial return for lobbying in the 2004 debate was indicative of why firms have once more embraced the goal. According to one University of Kansas study, companies reaped $220 in tax benefits for every $1 spent on lobbying — a 22,000% return.
WIN spent the first 9 months of this year actively lobbying for a repatriation bill in Congress. It spent $380,000 to hire two firms (Cauthen Forbes & Williams and Capitol Counsel LLC) and target lawmakers with a total of eight lobbyists. Among the lobbyists hired directly by WIN are several people with strong ties to Congress:
______________________________________________
This is from 1998 as Americans fighting against these global corporations in International Economic Zone labor and environmental abuse-----we see in 1998 it was Bernie Sanders fighting against this sweat shop labor overseas-----this 2016 election for Bernie was about the same thing only Bernie could not be open about how US International Economic Zone cities like Baltimore would become the same abusive mess all for nothing more than a few percentage of the richest to get richer.
We know how these global corporate campuses worked for decades overseas and we know they will do the same here in our US cities under International Economic Zone and Trans Pacific Trade Pact-----IT IS THE GOAL FOR WALL STREET CLINTON/BUSH/OBAMA GLOBAL CORPORATE POLS-----they do not care----WE THE PEOPLE need to find a solution to our election frauds and cronyism that keeps Bernie and good people from preventing this in the US.
PLEASE STOP ALLOWING BALTIMORE DEVELOPMENT AND THEIR 'JUSTICE' ORGANIZATIONS CONTROL OUR ACTIVISM----DO NOT JOIN THEM----BE YOUR OWN ACTIVIST AND EDUCATE!
October 15, 1998
Sweatshop Labor
Mr. Kernaghan discussed how American companies were operating in the global economy. He described working conditions in overseas factories producing products for U.S. companies, noting that in most instances workers were not being paid a living wage, children were threatened and exploited, and that factories were closed to outside inspection. He singled out Walmart as the greatest offender. After his remarks he answered questions from the audience.
WHEN A CANDIDATE FOR MAYOR SAYS HE/SHE SUPPORTS THIS MASTER PLAN THEY KNOW ALL THIS IS COMING AS DO THE LEADERS OF ORGANIZATIONS FIXING DEMOCRATIC PRIMARY RACES TO THESE ESTABLISHMENT CANDIDATES.
Citizens in Baltimore have already lived this life of third world autocratic dictator in Hopkins and Baltimore Development----but now citizens know those foreign corporations and executives are coming with NO REFERENCE to what it is to be American.
When Joshua Harris running in the Baltimore Mayoral race first as an Obama Wall Street global corporate neo-liberal and then moving to Green Party to get more name recognition says in December in an interview with Marc Steiner-----I travelled to Arabia to look at green energy construction----and when he ties himself to a Congressional pol who would be lobbying for business for global green corporations in the US----Brunei is on that circuit. This is how we know Harris is Global Green Corporation neo-liberal----and he is lobbying to sell Brunei green products or he and others are trying to create multi-national mergers with what we see below----solar corporations in Brunei. So, whether Hopkins or anyone global corporation ----partnered with this Brunei solar corporation ---brings that foreign corporation to the US and VOILA----we have a global corporate factory operating in the US as they do in Brunei complete with Brunei's export of immigrant labor.
THIS IS THE GOAL OF FILLING BALTIMORE WITH THE FRIENDS OF BRUNEI'S DICTATOR AS FOREIGN CORPORATE OWNERS/EXECUTIVES----AND BRINGING BRUNEI'S PASSION FOR GLOBAL SWEATSHOP FACTORIES TO BALTIMORE.
That's why I shouted through this mayoral race-----Wall Street players are given talking points that have nothing to do with the goals they have been given in running for office and they WILL TIE TO WALL STREET BALTIMORE DEVELOPMENT AND A VERY, VERY, VERY FAR-RIGHT JOHNS HOPKINS.
Everything Solar, Brunei
April 24 at 8:38am · Elegant design. Intelligent lighting system. Wide coverage.
Our Integrated SOLAR Street Light is suitable for use at home, parks, commercial area, school compound, military base, parking lots and roadways.
Just for B$259 per unit, you don't have to spend on electrical bill, wiring cost and landscape replacement cost among others. Very easy to install. No electricity bill to incur. Just FREE and clean energy from the Sun.
This model is designed to optimise its energy to last 3 nights at full charge by adopting an intelligent lighting system whereby it lights up at a constant 300 lumens for the first 5 hours of the night (that's when you need constant lights the most) and then for the next 7 hours - that is till the Sun comes up, it will be dimmed down to 150 lumens when idle (to save energy) but will jump up to 1000 lumens whenever motion is detected (at the same time providing added security within your perimeter).
Available now at Macammacam Ada Enterprise at Unit 39A, First Floor, Airport Mall, Berakas.
For more info: https://www.solarbrunei.com/…/integrated-street-light-qst-p…
*Note: Pole is not included with this package.
___________________________________________
I have many first time public policy students who will openly say---I don't know the difference between having a corporation come to Baltimore whether US or multi-national so they think jobs----but have no connection to how these global corporations will treat the city or people. Citizens are told----YOU WILL BE ABLE TO WALK TO WORK----when talking of these global corporate campus 'headquarters' that expand and bring multi-national corporations from Vietnam, Brunei, Malaysia as global garment factories, global dye factories, global robotics factories. Being able to WALK TO WORK looks different if you are strolling from Fells Point to downtown than it does if you are living/eating/schooled/working on that one global corporate campus with the third world International Economic Zone policies. Baltimore City center LOOKS like it is becoming middle-class but if these policies of global corporate campus continue----these city center communities will have executives from Brunei, Vietnam, Peru, Malaysia, strolling to work as the world's rich filling our city center. Meanwhile, citizens of Baltimore will be the ones waking up on global corporate campuses after 15-18 hours of sweat shop work.
America has always had global markets and corporations----the difference being our monopoly laws and US Constitution was written to KEEP THIS MULTI-NATIONAL CORPORATION STRUCTURE OUT OF THE US----it is not allowed because it is designed to make of the US a colonial status with no protections for our nation, states, cities, and citizens---they operate under global practices of NO REAL RULE OF LAW.
The gentleman who called during my Marc Steiner interview saying just that----he would be strolling to work from Fells Point to a job downtown is being told that by someone probably tied to Baltimore Development 'justice' non-profits or mayoral candidates.
Multinational Corporations
allensens
Uploaded on Feb 27, 2012For-profit enterprises with operations in more than one state. MNCs are common but their role and impact in global politics is controversial.
Now that UnderArmour has the corporate campus footprint at Cove Point it now decides all of what global retail, hotels, and its development and real estate corporation controls all that business activity. Then, in the next several years we will see UnderArmour real estate allowed to buy further north and they will decide which foreign partner they bring as a global factory-----and that is when the real extent of these global campuses will be shown although Wall Street global corporate pols and Baltimore Development know this is the Master Plan and it is why the entire surrounding communities in Baltimore and other US cities deemed International Economic Zones were allowed to crumble----and now they are simply pushing citizens out---first the working class and poor---and then they will force the middle-class they are bringing in now in this transition. They need people earning enough to pay more and more taxes to fund all this. THAT IS CORPORATE SUSTAINABILITY YOU KNOW.
I like his reference to Disney as BEAUTY AND THE BEAST......this is the Hollywood Clinton worked to make global in the 1990s----and it is consolidated global media--- Over the decade Baltimore will see a growing 'density' of immigrant workers because these global corporate campuses and factories use millions of people---and it starts with the foreign executives from those Trans Pacific Trade Pact nations..
Baltimore citizens are not allowed to know these goals----Baltimore Development 'justice' non-profits only shout against the smallest of problems as all this is planned then next decade when they start expanding----those same non-profits will be really mad about that as well. This is what I call ----THEY KNOW---- we must stop thinking only of a next job and think how to return to an economy that will provide HUNDREDS OF THOUSANDS OF SMALL BUSINESS JOBS.
Under Armour Performance Center
**Non-UA employee review** Gyms are expensive in Baltimore. I moved from Philly where you had your choice of quality, non Planet Fitness or Gold's Gym that were less than $50/month and included classes. To say the least, I was shocked at the prices in Baltimore -- at least in the Fed Hill, Locust Point areas.
The Under Armour Combine Training center is $50/month for non-UA employees. It's a small, no thrills gym. Classes not included in the monthly price. Depending on the day/time trainers can be holding group seasons and hogging up the 5 treadmills. I find this to be a little annoying as there is a brand new, larger gym for UA employees only less than 100 feet away.
The staff is friendly and if you can get past the fact that you'll be the only one not decked out in UA gear its a decent (& probably cheapest) option in the area.
Kevin Plank sees Fells Point Rec Pier hotel as an extension of Under Armour
Mar 3, 2015, 1:46pm EST Updated Mar 3, 2015, 2:15pm EST
Industries & Tags
Commercial Real Estate
Kevin Litten Reporter Baltimore Business Journal
The Recreation Pier hotel project in Fells Point will become an extension of the Under Armour Inc. brand and a tool for attracting people to the city.
That's how Under Armour CEO Kevin Plank sees his $60 million investment in the conversion of the 100-year-old pier and head house into an "incredibly nice" 128-room hotel. Plank plans to celebrate the groundbreaking of the hotel during a ceremony Wednesday. Plank's privately held real estate company, Sagamore Development Co. LLC, is developing the project, which is expected to be completed in fall 2016.
This is a rendering of how the hotel will appear from the exterior when complete. The… more
Sagamore acquired the property from the city in June for $3.4 million.
Plank said in an interview Monday the hotel is part of a strategy to provide Under Armour guests with a unique Baltimore experience. That will include allowing people to depart the Under Armour headquarters in Tide Point on an authentic Chesapeake Bay crab boat, voyage across the Inner Harbor and arrive in style at the hotel.
"We tell stories for a living — we tell great stories and we build products to support those stories," Plank said. "When [visitors] come here, I want them to have a proper hotel to stay at. When they come and visit, I want them to see a proper campus. I want them to see unique things we have like the distillery."
Although Plank considers the Four Seasons Hotel Baltimore to be a good option for visitors, the Recreation Pier project will "be different than a Four Seasons — it'll be unique to the other properties and unique to Fells Point," he said.
Plank said he is close to announcing who will run the hotel, adding it will be "a world-class operator that will elevate the city."
Plank became interested in taking on the hotel project, he said, because he could see from his office that the pier was on the verge of collapsing into the harbor.
"I stared out my window [at the Recreation Pier] and it depressed me every day," Plank said. "I said we should breathe some life into it."
_______________________________________________
National media always acts as though our Congressional pols don't know what Trans Pacific Trade Pact says----or that the corporate lobbying is about doing business in the US----but Maryland's pols for life-----Cummings, Sarbanes, Cardin, Mikulski and all other pols have been working exclusively since Clinton to expand these global corporations overseas and they act as lobbyists as they do these overseas tours----whether Congress or governor---this is why Maryland's Gov Hogan wears TEAM UNDERARMOUR as his official on-the-job outfit. So, Congressional staff are hired to do just that---they have absolutely no connection to citizens----they are focused on helping some global corporation in the district more market-share overseas. This is why they would support an UnderArmour campus----only working to be tied to the foreign corporations UnderArmour will bring with them.
The idea that Congress thinks the American people believe global corporations have trillions parked offshore and are not bringing them into the country tax-free to build these US International Economic Zone global corporate campuses is RIDICULOUS. OBAMA'S IRS DOES NOT EVEN AUDIT OR LOOK AT CORPORATE TAX RETURNS----so we are seeing what would be tax revenue coming to our state and city from the Federal government now being sold as CORPORATE DONATION IN FIXING UP OUR COMMUNITIES.....ergo, they are simply building their global corporate campus. So, they pay no taxes as law requires on work overseas with all those products sold in the US----they get tons of corporate subsidy from state and local government to build these corporate campuses citizens are so desperate for jobs and need----and then they write-off much of this expense as SOCIAL BENEFIT----they are doing us a favor for building this global corporate campus.
Obviously Congressional, state and local pols are profiting from this----either they are getting in on stock market profits as we saw with the Pelosi/Cardin Insider Trading----or they are being allowed into real estate deals----they are being allowed to be that subcontractor to subcontractor local business that will simply be pushed out of business later----but THERE IS NO HONOR AMONGST THIEVES---AND YOU WILL BE THROWN UNDER THE BUS AS BILLIONNAIRES DO NOT SHARE ANY WEALTH.
This is how you know pols shouting that corporations with offshore tax debt needs to pay now ARE ONLY PROGRESSIVE POSING. They are filtering all these tax debts into these US International Economic Zones and calling the development SOCIAL GOOD. Meanwhile, cities like Baltimore are starved for tax revenue and all that is paid by Baltimore citizens and small business goes only to these global corporate campus development and this will not change when we leave the same people in office.
Wealthy corporations with a trillion dollars stashed offshore lobby for a 'holiday' from U.S. taxes
Rich corporations with money offshore want a tax holiday; Sen. Carl Levin says, 'I want them to pay their taxes like the rest of us'
REALLY CARL LEVIN? DO YOU REALLY?
By John Aloysius FarrellAaron Mehta
6:00 am, October 24, 2011 Updated: 12:19 pm, May 19, 2014
Shoppers in Shanghai try the Apple iPad. Apple sales in China top $13 billion.
AP
By Aaron Mehta
November 2, 2011
As they lobby for a tax holiday, some big multinational players say they've got plenty of cash on hand
By John Aloysius Farrell and Aaron Mehta
November 4, 2011
Senate committee finds most 'trapped' offshore income is already in U.S.
By John Aloysius Farrell
December 15, 2011
Goaded by battalions of corporate lobbyists, members of Congress are working to give a select group of U.S. multinational firms like Apple, Oracle and Pfizer a lavish tax break on a trillion dollars stashed offshore.
The avowed goal is to generate jobs and investment, but the offshore tax holiday was tried before, in 2004, and the lion’s share of the benefits went not to unemployed workers and their families, but to corporate shareholders and executives.
With today’s high unemployment, and soaring costs for college, health care and other family essentials, critics are asking why an elite class of corporations and their shareholders should get a huge tax break on overseas profits.
The proposed tax holiday could cost the Treasury from $40 billion to $80 billion over the next decade, and the high cost of the measure is one reason that its prospects for passage are mixed.
But 73 members of Congress, both Republicans and Democrats, have signed up as co-sponsors. And cash-rich mega corporations are pushing hard for the tax break.
A number of trade groups and corporations that would benefit have joined in a coalition called WIN America. New lobbying disclosure reports show that the group and its member firms have spent millions of dollars, and employed dozens of lobbyists, to press for the tax break, according to an analysis by iWatch News.
The current rules for tax repatriation, as the process is called, are a thorn for U.S. firms that make money overseas. American companies face a 35 percent corporate income tax. Money earned offshore is taxed only by the country of origin until it is “repatriated” to the U.S., at which time an additional tax is levied to make up any difference and bring the rate to 35 percent.
The 2004 holiday allowed U.S. firms to bring their offshore profits back and pay a rate of only 5.25 percent.
“The repatriation tax break created a competitive disadvantage for domestic businesses that chose not to engage in offshore operations or investments and provided a windfall for multinationals in a few industries without benefiting the U.S. economy as a whole,” said the Democratic staff of the Senate Permanent Subcommittee on Investigations, in its Oct. 11, 2011 report, done in response to the new push for another tax holiday.
“I want them to pay their taxes like the rest of us,” said Sen. Carl Levin, the Democrat from Michigan whose committee compiled the report. Michigan’s unemployment remains among the highest in the country. “The rest of us don’t get a tax holiday.”
Benefitting the Few
There are 27 million businesses in America, and almost 10,000 have foreign subsidiaries and could qualify for the tax break. Yet only 843 of these firms took advantage of the bargain tax rates set by the 2004 law, the IRS says.
Those 843 companies brought around $362 billion home from overseas. More than half the benefits went to only 15 firms. And just five — Pfizer, Merck, Hewlett-Packard, Johnson & Johnson and IBM — retrieved $88 billion, a fourth of the funds returned.
Two sectors profited disproportionately. Drug companies brought home some 29 percent of the repatriated funds; the computer and electronics industry another 19 percent, according to an IRS analysis.
The holiday also rewarded those who were using offshore funds to dodge taxes in the first place. Among the firms most likely to participate in the tax holiday were many that regularly stash their earnings in tax havens. The countries of incorporation with the largest percentage of repatriated funds under the 2004 law included the Netherlands, Switzerland, Bermuda, Ireland, Luxembourg and the Cayman Islands.
In many cases, the money was moved through shell companies, often just mailbox drops, that had no employees or physical assets.
Intel and Coca-Cola, the Senate inquiry determined, used shell companies in the Cayman Islands. Proctor & Gamble used a holding company in Bermuda that had no physical office and no full-time employees. Eli Lilly used Switzerland and the British Virgin Islands. Oracle employed an Irish subsidiary.
Many firms used the “repatriated” money, as it is known, to launch stock buy-back efforts, boosting the value of their shares and — via stock awards to senior managers — hiking executive compensation rather than investing the money in new jobs or research and development, as the bill intended.
Because of the law’s lax safeguards, firms that took advantage of the tax break in 2004 “did not … significantly increase employment or research and development,” Dhammika Dharmapala, an expert on tax policy, and one of the authors of a National Bureau of Economic Research (NBER) study of the 2004 holiday, told iWatch News.
Then, as now, the bill’s proponents insisted that they had included safeguards to guarantee that the benefits of the tax break would be used to create jobs and spur investment. But in the 2004 law, these measures were easily dodged.
The language of the law expressly forbade companies from using repatriated funds for stock buybacks or executive compensation. But that did nothing to keep companies from doing so. “Estimates imply that firms returned almost all of the repatriated cash to shareholders — a use that was explicitly not permitted,” the NBER study concluded. The NBER is a nonpartisan organization whose ranks of current and former members are salted with Nobel Prize-winning economists.
The NBER study of all companies that cashed in on the holiday calculated that 60 percent to 92 percent of the money repatriated was used for payouts to shareholders.
“Stock repurchases and executive compensation climbed at the largest repatriating corporations, while hiring stagnated or declined,” according to the Senate committee’s study of 15 leading firms that profited from the tax break.
Drug giant Pfizer, which repatriated the single largest chunk of cash — $37 billion — announced that it was laying off thousands of employees in 2005. Yet from 2004 through 2006, according to the Senate inquiry, Pfizer repurchased over $17 billion of its stock, and awarded its five most highly compensated executives with shares worth $30 million.
“If you’re looking for straight up, direct job creation, the evidence isn’t there,” says Michael Mundaca, until this summer the Assistant Treasury Secretary for Tax Policy in the Obama administration.
Lobbying HardThe financial return for lobbying in the 2004 debate was indicative of why firms have once more embraced the goal. According to one University of Kansas study, companies reaped $220 in tax benefits for every $1 spent on lobbying — a 22,000% return.
WIN spent the first 9 months of this year actively lobbying for a repatriation bill in Congress. It spent $380,000 to hire two firms (Cauthen Forbes & Williams and Capitol Counsel LLC) and target lawmakers with a total of eight lobbyists. Among the lobbyists hired directly by WIN are several people with strong ties to Congress:
- Jim McCrery, a former Congressman who represented Louisiana’s 4th district until 2009.
- Drew Goesl, who served as chief of staff for Rep. Mike Ross and communications director for Sen. Blanche Lincoln; Ross is a co-sponsor of the House bill.
- Tucker Shumack, a former legislative assistant for Sen. John Isakson, a co-sponsor of the Senate bill.
- Dena Battle, a former legislative director for Rep. Dave Camp, who as head of the powerful Ways and Means Committee has sway over tax policy in the U.S.
- Jeff Forbes, a former staff director on the Senate Finance Committee.
- Libby Greer, a former chief of staff for former Rep. Allen Boyd.
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This is from 1998 as Americans fighting against these global corporations in International Economic Zone labor and environmental abuse-----we see in 1998 it was Bernie Sanders fighting against this sweat shop labor overseas-----this 2016 election for Bernie was about the same thing only Bernie could not be open about how US International Economic Zone cities like Baltimore would become the same abusive mess all for nothing more than a few percentage of the richest to get richer.
We know how these global corporate campuses worked for decades overseas and we know they will do the same here in our US cities under International Economic Zone and Trans Pacific Trade Pact-----IT IS THE GOAL FOR WALL STREET CLINTON/BUSH/OBAMA GLOBAL CORPORATE POLS-----they do not care----WE THE PEOPLE need to find a solution to our election frauds and cronyism that keeps Bernie and good people from preventing this in the US.
PLEASE STOP ALLOWING BALTIMORE DEVELOPMENT AND THEIR 'JUSTICE' ORGANIZATIONS CONTROL OUR ACTIVISM----DO NOT JOIN THEM----BE YOUR OWN ACTIVIST AND EDUCATE!
October 15, 1998
Sweatshop Labor
Mr. Kernaghan discussed how American companies were operating in the global economy. He described working conditions in overseas factories producing products for U.S. companies, noting that in most instances workers were not being paid a living wage, children were threatened and exploited, and that factories were closed to outside inspection. He singled out Walmart as the greatest offender. After his remarks he answered questions from the audience.
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