Below we see just how unlimited eminent domain works once a global corporate headquarters has a FOOTPRINT----the museum in the way of UNDERARMOUR is far more important to 99% of Baltimore citizens then anything UNDERARMOUR will build. THEY'RE STIFLING OUR GROWTH says PLANK-----Cove Point has existed for a few years. Baltimore City Council/Mayor PUGH knows what 2012 revision of ENTERPRISE ZONE policy looks like wiping out all Baltimore and Greater Baltimore communities with massive concrete multi-national factories building in a colonial FOREIGN ECONOMIC ZONE with no CITIZEN black, white, and brown having ANY RIGHTS.
'The museum has declined previously to comment on Under Armour's presentation, saying it has a policy of not discussing private meetings.
"I'm sitting there and I'm thinking to myself this is awful. … They're stifling our growth," he said. "How could anyone not want us to grow?"'
We want to make two points today around the time frame of 2012 in OBAMA pushing these revised ENTERPRISE ZONE policies and global banking 5% freemason/Greek players jumping right to it. We were shouting back in 2012 over the surge of subpriming of US TREASURY BONDS selling globally being made junk bonds. That was 2012 just as this REVISED ENTERPRISE ZONE policy was installed. This shows premeditation----it was deliberate, willful, and done with malice tying those subprimed US TREASURY BONDS to real estate inside what will become those EXTENDED FOREIGN ECONOMIC ZONES. So, since 2012 global banking 1% have known who will get that land from PRINCE GEORGE'S COUNTY to GREATER BALTIMORE thanks to the US TREASURY BOND FRAUD operated by then US TREASURY GEITHNER AND LEW----two raging global banking 1% Clinton neo-liberals. Same in IL same in CA using that designation SANCTUARY STATE AKA FOREIGN ECONOMIC ZONE.
Below we see post subprime mortgage loan fraud economic crash 2008 the next bubble and crash was staged to be our US Treasury bond market-----it was termed 'subprimed' in 2012 as the Obama era $12 trillion in US Treasury debt tied to US REAL ESTATE IN FOREIGN ECONOMIC ZONES surged once the revised ENTERPRISE ZONE policies of 2012 were installed.
When these revised ENTERPRISE ZONE policies claim to create BOARDS for determining who gets these MD FOREIGN ECONOMIC ZONE real estate-----that is a great big LIE-----as this is already determined by sale of US Treasury and state municipal bonds.
THE US WAS INDEED MADE A BANANA REPUBLIC DURING OBAMA ERA 2012 BEING THE PEAK OF SUBPRIMING---ALL OF WHICH WAS FRAUD AND CONSPIRACY TO SACK AND LOOT OUR SOVEREIGN NATION.
The Treasury Bond BubbleThe Worst Kept Secret on Wall Street
Posted March 19, 2009 at 3:10PM
So, with hundreds of billions of dollars now needed just to fund all of this new government spending, the Fed has become, in effect, the lender of last resort to our own Uncle Sam. Moreover, if foreign capital continues to shy away from Treasuries, you can bet that the Fed will print even more money in the future to keep it all afloat—sort of like what goes on in your run-of-the-mill banana republic.
A banana republic, by the way, is defined as one that typically has large wealth inequities, poor infrastructure, poor schools, a "backward" economy, low capital spending, a reliance on foreign capital and money printing, budget deficits, and a weakening currency.
Now that about sums it up, doesn't it?
Since that 2012 revision of ENTERPRISE ZONE policies having goals of merging existing zones to expand FOREIGN ECONOMIC ZONES across a state making these zones massive in size available to only global 1% having money to build these complexes, we see all kinds of rebranding of ENTERPRISE ZONES----from what were supposed to be HARLEM ENTERPRISE ZONES---which became EAST BALTIMORE AND HARBOR EAST -----now global banking 5% freemason/Greek players are PRETENDING to include our US 99% of WE THE PEOPLE with PROMISE ZONES---OPPORTUNITY ZONES-----having already installed financial instruments setting aside all that expansion of zones to existing global corporate campus FOOTPRINTS.
'There are two components to the program. First, governors are in the process of designating up to a quarter of their states’ low-income, high-poverty census tracts as Opportunity Zones'.
While national media and those dastardly global banking 5% freemason/Greek players try to keep our 99% eyes on TALKING POINTS----there is NO education about how all these ENTERPRISE ZONE and global financial subpriming of US and state municipal bonds effect future land deals.
Why 'Opportunity Zones' Could Solve Unemployment In Slow-Growth Areas
By John Bailey
April 06, 2018
Recent national economic reports point to a robust economic recovery. Employment is steadily increasing, and unemployment has fallen to a 17 year low. But obscured by the national averages are 52 million Americans still living in distressed communities, areas where poverty rates, unemployment, income, and business growth are far below the national averages.
This economic recovery has been unusual with its geographic concentration. Research by the Economic Innovation Group shows that just 73 out of 3,000 counties produced more than half the job growth in the first five years after the recession. A mere five metro areas were responsible for half the nation’s increase in new firms.
Outside of these prosperous metropolitan areas, the picture is grim. Two-thirds of distressed areas saw a decrease in jobs from 2000 to 2015, and 72 percent saw more businesses close than open. Labor force participation is lower and poverty is higher. There are more deaths due to alcohol, drugs, and suicide—characterized as "deaths of despair.” These Americans feel betrayed by trade agreements, vulnerable to globalization, and ignored by Washington, Wall Street, and Silicon Valley elites.
One reason for the slower recovery in these regions is that they lack the capital needed to start or expand businesses and revitalize their community. Data shows that 75 percent of venture capital goes to just three states, California, New York, and Massachusetts. Federal Reserve researchers found that in rural areas, bank loans of less than $1 million (after adjusting for inflation) are way below what they used to be before the recession.
That could change with the introduction of “Opportunity Zones,” a provision of the Tax Cuts and Jobs Act that gives investors the chance to reduce their capital gains tax when they invest in these distressed parts of the country. The program had broad bipartisan support, sponsored by Republican Tim Scott and Democrat Cory Booker in the Senate, and Republican Pat Tiberi and Democrat Ron Kind in the House.
There are two components to the program. First, governors are in the process of designating up to a quarter of their states’ low-income, high-poverty census tracts as Opportunity Zones.
The second part is the creation of Opportunity Funds—a new class of investment vehicles that gives investors the chance to reduce their capital gains tax when they invest in projects located in these areas. That tax incentive increases the longer the investment is kept in the community. If the investment is held for more than ten years, the investor will pay no additional capital gains on investments made through the fund.
This should allow distressed communities to tap a multi-trillion-dollar pool of capital to support a wide range of economic development activities. Funds could be broad or narrowly focused, with an emphasis on a single sector, such as housing development, charter school facilities, or broadband expansion. Others might be designed to raise startup funding for local entrepreneurs or help workers who are seeking job retraining.
Capital incentives alone aren’t enough to boost these communities. Governors and mayors will need to leverage Opportunity Fund investments with other economic development reforms. Governors might give entities located in a zone a competitive preference in grant competitions for education funding. Occupational licensing reforms could help reduce barriers to entrepreneurship in these communities. Or Opportunity Zone projects could combine different incentives for a larger impact, such as combining an Opportunity Fund housing investment with the Low-Income Housing Tax Credit for a mixed-use development.
For decades Americans have had the chance to invest in emerging markets all around the world. Now they have the chance to invest in America’s own emerging markets and finance the comeback story so many communities have been waiting to write.
_____________________________________
Here we see TOWSON UNIVERSITY rebranding what is ENTERPRISE ZONE policies having absolutely NO SUPPORT by 99% Baltimore citizens because for 20 years there has been nothing but BAD DATA BAD RESULTS BAD MANAGEMENT-----wrapped in fraud and corruption.
Towson is calling its revised ENTERPRISE ZONE policy RISE------regional strategic economic development. That is GREATER BALTIMORE being enfolded into Baltimore meeting with PRINCE GEORGE'S CO. Absolutely no public voice has gone into these plans----all land deals are decided through complex financial instruments controlled by global banking.
So----do our 99% of WE THE PEOPLE in Maryland, Baltimore, Baltimore Co, Howard Co, Hartford Co, Talbot Co, Montgomery Co REALLY NOT CARE what is MOVING FORWARD? That is what we are told. What happens these few decades after an economic collapse, civil unrest, widespread impoverishment from growing unemployment? Global banking 1% will simply spend these few decades installing underground infrastructure for global corporate campuses working hard to made US 99% OF CITIZENS EX-PATS----while building density of global 99% labor pool who will work in these FOREIGN ECONOMIC ZONES in US STATES just as they do in overseas FOREIGN ECONOMIC ZONES.
Towson University applying to join state's RISE economic ...
www.baltimoresun.com/news/maryland/baltimore-county/bs... Towson University officials say they are applying for a program that would target the campus and surrounding community for increased economic development. The university qualified under the state’s Regional Institution Strategic Enterprise program, or RISE, which allows it to seek a RISE Zone ...
As we discuss often ----MOVING FORWARD ends ALL public education K-UNIVERSITY so public universities will disappear as TOWSON and enfolded into a massive global corporate campus. 'The Department of Business and Economic Development (DBED)'has become the new BALTIMORE DEVELOPMENT. A REAL US public school system would be educating as to goals being MOVED FORWARD and not promoting FAKE REBRANDING.
IS IT REALLY COMMUNITY DEVELOPMENT WHEN THE GOAL IS MASSIVE CONCRETE GLOBAL FACTORIES?
State Launches RISE Zone Program to Help Spur Economic Development
December 16, 2014 Natasha Mehu Housing and Community Development, Taxes and Revenues
The Department of Business and Economic Development (DBED) has launched a new state program aimed at tapping into the economic development potential surrounding higher education institutions and certain nonprofits. As reported in the Baltimore Business Journal:
The state is now taking applications for its new Regional Institution Strategic Enterprise Zone program (called the “Rise Zone” program for short). It requires two application stages. The first stage, which is now open, requires higher education institutions, regional higher educational centers or nonprofit organizations that are associated with federal agencies to apply to the state Department of Business and Economic Development. The state will then qualify those groups.
At that point, institutions that have qualified will need to work with a county or city government on a second application. The second application will go to DBED to create the RISE Zone.
Once a zone is established, businesses that relocate or expand in the zone would be eligible for certain benefits such as property tax credits. The partnership with local governments to complete the second step of the application process helps ensure the proper businesses are targeted and that the proper incentives are granted to reflect the needs of the local jurisdiction. As reported in The Daily Record:
The program was designed to leverage the expertise of the state’s colleges, universities and federal research hubs, and amplify their potential to create new jobs and activity in their own backyard, said Mark Vulcan, DBED’s program manager for tax incentives.
…
“The other important part is to have the local jurisdictions sign off, because they’re the ones giving up the tax revenue,” Vulcan said, adding that it’s possible some jurisdictions may not be interested in that idea.
For more information:
Maryland is Accepting Applications to Create Economic Development Zones Around Colleges (Baltimore Business Journal)
__________________________________________
'Protesters fear the three proposed special economic zones, where land could be rented for up to 99 years, would be dominated by investors from China'.
We showed yesterday where THAILAND 99% of citizens are protesting the colonization of their nations by China----here is Vietnam doing the same. Where the US dominated Asian FOREIGN ECONOMIC ZONES after the REAGAN era ENTERPRISE ZONE policies pretending to help US city development was sent to build FOREIGN ECONOMIC ZONES overseas. US LEASE AGREEMENTS in all those ASIAN ZONES are coming to an end----just as here in US 2012 REVISED ENTERPRISE ZONE agreements are being installed. US moves out ---China moves in.
Here in US FOREIGN ECONOMIC ZONES the same foreign corporations are being installed in what is EXPANDED MERGING ENTERPRISE ZONES in CA, IL, MD. Where land deals in US are being made for 50-60 years----Vietnam is seeing 100 year land deals---
Thailand and Vietnam are both tied to TRANS PACIFIC TRADE PACT----both being colonized by China. TPP was sold as making prosperous citizens of these third world nations.
China’s potential control over economic zones leads to more protests in Vietnam
Vietnamese government vows to punish “extremists” who resort to violence
PUBLISHED : Monday, 18 June, 2018, 12:16pm
UPDATED : Monday, 18 June, 2018, 10:18pm
Vietnamese police have arrested eight more people after protests a week ago over a proposed law on special economic zones that protesters fear would fall into the hands of Chinese investors.
The men from the south central province of Binh Thuan were accused of disturbing public order, opposing officials and damaging state property, the state-run Tuoi Tre newspaper reported.
Protests against the law took place across the country, including in the southern commercial hub of Ho Chi Minh City where seven people were arrested for allegedly disturbing security and opposing officials.
Protesters fear the three proposed special economic zones, where land could be rented for up to 99 years, would be dominated by investors from China.
Lawmakers have postponed the passage of the law until October.
Security on Sunday was tight in many cities and provinces in Vietnam, with a large presence of police in public areas. But in central Ha Tinh province, live-stream footage on Facebook showed thousands of people attending a Sunday mass protesting peacefully against the laws.
Protesters held signs that said “No leasing land to Chinese communists for even one day” and “Cybersecurity law kills freedom”. Witnesses said there were no clashes with police during the two-hour protest.
The Vietnamese government has vowed to punish “extremists” it said had instigated rare clashes with police in Binh Thuan province. Protesters hurled bricks and Molotov cocktails at police, damaging some government buildings.
In a televised session of Vietnam’s National Assembly on Friday, its chairwoman said lawmakers condemned “acts of abusing democracy, distorting the truth” and “causing social disorder”.
General Secretary Nguyen Phu Trong in a talk with Hanoi citizens on Sunday called for people to be calm and trust the Communist Party and the government, state-run radio news website Voice of Vietnam reported.
Trong said the government was acting in the interests of the nation and its people and no one would be foolish enough to “hand over land to foreigners for them to come and mess things up”.
Charge d’affaires of the Chinese embassy in Vietnam, Yin Haihong, said on Friday that the cause of this incident was internal affairs in Vietnam and there was no connection with China.
“However, the incident still has a negative impact on Sino-Vietnamese relations. It is hoped that the Vietnamese side will act in tandem with the Chinese side, and gradually recover from the negative impact of the incident with concrete actions, and make practical efforts for the stable development of Sino-Vietnamese relations,” Yin said in an embassy statement.
______________________________________
Below we see the world's first FOREIGN ECONOMIC ZONE----CHINA ---Shenzhen. We see it received its ENTERPRISE ZONE policies in 1988 same time as REAGAN era FOREIGN ECONOMIC ZONE policies here in US. As we said----all that US Federal funding sent to uplift US cities as Foreign Economic Zones went HERE-----to SHENZHEN building all that infrastructure for what were made multi-national corporations as US corporations went through huge merger and acquisitions during Clinton era----as again during Obama era.
When our global banking 5% freemason/Greek pols and players CLINTON/BUSH/OBAMA tell our US 99% WE THE PEOPLE our US cities are too poor-----are near bankruptcy-----all we have to do is look at what our US FEDERAL FUNDING built in Shenzhen and we see what those multi-national corporations OWE our US cities. Global banking CLINTON/BUSH/OBAMA had to hide the fact that all those trillions of dollars they said were FIXING US CITIES while being sent overseas BECAUSE it is illegal to send US Federal spending to build massive FOREIGN ECONOMIC ZONES overseas.
'culminating in the Wholly Foreign Owned Enterprise Law of 1988, and tax incentives to attract FDI to the SEZs. The liberalization of labor regulations in SEZs was also a necessity for the multinational corporations (MNC) to share relatively low wages and an ample supply of skilled workers (Wignaraja, p.29)'
SHENZHEN is a city so environmentally devastated that China is closing the city---saying to locals---here you can have your land back ----and moving to build NEW ECONOMIC ZONES tied to being SMART CITY deep, deep, really deep state.
LOTS OF DATA ON ENVIRONMENTAL DEVASTATION IN THESE FOREIGN ECONOMIC ZONES WITH SUCH FAST MASSIVE INDUSTRIAL GROWTH MOVING FORWARD IN US CITIES/STATES DESIGNATED SANCTUARY/SPECIAL/FOREIGN ECONOMIC ZONES.
Notice 'success' below is in quotations. Enslaving and brutal rather than relatively low wages. All that US enterprise zone revenue having built these multi-national corporate campuses overseas leading to trillion dollar profits needs to fund all today's development in US CITIES----minus those multi-national corporations.
Case Study: Shenzhen’s tale of “success”
By
Athena
– May 20, 2012Posted in: Case StudyThe development of the Chinese export machine exemplifies a contemporary tale of modernization—and a comprehensive long-term strategy. Policy leading to the formation of special economic zones include: lowering barriers to entry for foreign enterprise in China, culminating in the Wholly Foreign Owned Enterprise Law of 1988, and tax incentives to attract FDI to the SEZs. The liberalization of labor regulations in SEZs was also a necessity for the multinational corporations (MNC) to share relatively low wages and an ample supply of skilled workers (Wignaraja, p.29)
The Pearl River Delta has become known as the world’s factory and its industrialization was part of a calculated experiment in economic policy. Four SEZs – Guangdong, Fujian, Shenzhen and Hainan – were established in China in the 1980s, strategically placed away from the capital of Beijing to minimize potential negative impacts and very close to bordering capitalist hubs, Hong Kong, Taiwan, and Macao. The now fabled story of the first SEZ, Shenzhen, has become the hallmark of modern industrialization.
In the 1970s, Shenzhen was a small fishing village, population 30k, on the narrow river across from Hong Kong. It was deemed a special economic zone in 1979, exempting any business within its boundaries from paying regional and national tax for 10 years of operation. This exemption combined with other preferential trade agreements (PTA) attracted huge numbers of both businesses and workers. To construct infrastructure, the state functioned as a primary lending agency covering 48% of fixed capital investment in 1979, dropping to 24% in 1980 (Palit, p.17). Growth was not without its pains as the province stretched to accommodate the influx of migrant workers. As a result, the region forged new policy including home purchase schemes for workers, a new tender system, and wage reform that shaped a “free” labor market emerging by the early 1990s. Shenzhen additionally hosted the first stock exchange in China in 1990 (Yeung, p.227). “To their credit, Shenzhen’s leaders recognized early on that … over the long term, structural transformation and technological learning would be necessary for development to become self perpetuating” (Yeung, p.229). The Chinese oligarchy responded swiftly to the needs of industrializing village.
Every aspect of Shenzhen’s industrialization was integrated into a regional and national economic growth scheme. The post-Mao regime inherited a legacy of industrialization and possessed a readiness for change. Just as their export-oriented manufacturing began, globalization was gaining momentum (Yeung, p.236) giving them the element of good fortune to offer the right program at the right time. That fortune translated into to an outstanding 58% annual growth rate for the region as it developed factors of production and a market within years (Yeung, p.225). From this point, a demonstration effect took hold within China resulting in varying levels of success among the other SEZs.
Shenzhen was embedded in the national economic scheme so the accomplishments of the region are the accomplishments of the central government. The quest for foreign investment inspired incentives that were clearly successful as “China attracted record levels of FDI, with inflows amounting to $54 billion per year during 1991-2010. Annual FDI inflows from 2003 to 2010 ($81.5 billion) were more than double that of the 1991 through 2002 period. Interestingly, the global financial crisis did not significantly disrupt FDI inflows. Figures have shown FDI rebounding to pre-crises levels in 2010 at $105.7 billion (Wignaraja, p.34).
'The museum has declined previously to comment on Under Armour's presentation, saying it has a policy of not discussing private meetings.
"I'm sitting there and I'm thinking to myself this is awful. … They're stifling our growth," he said. "How could anyone not want us to grow?"'
We want to make two points today around the time frame of 2012 in OBAMA pushing these revised ENTERPRISE ZONE policies and global banking 5% freemason/Greek players jumping right to it. We were shouting back in 2012 over the surge of subpriming of US TREASURY BONDS selling globally being made junk bonds. That was 2012 just as this REVISED ENTERPRISE ZONE policy was installed. This shows premeditation----it was deliberate, willful, and done with malice tying those subprimed US TREASURY BONDS to real estate inside what will become those EXTENDED FOREIGN ECONOMIC ZONES. So, since 2012 global banking 1% have known who will get that land from PRINCE GEORGE'S COUNTY to GREATER BALTIMORE thanks to the US TREASURY BOND FRAUD operated by then US TREASURY GEITHNER AND LEW----two raging global banking 1% Clinton neo-liberals. Same in IL same in CA using that designation SANCTUARY STATE AKA FOREIGN ECONOMIC ZONE.
Below we see post subprime mortgage loan fraud economic crash 2008 the next bubble and crash was staged to be our US Treasury bond market-----it was termed 'subprimed' in 2012 as the Obama era $12 trillion in US Treasury debt tied to US REAL ESTATE IN FOREIGN ECONOMIC ZONES surged once the revised ENTERPRISE ZONE policies of 2012 were installed.
When these revised ENTERPRISE ZONE policies claim to create BOARDS for determining who gets these MD FOREIGN ECONOMIC ZONE real estate-----that is a great big LIE-----as this is already determined by sale of US Treasury and state municipal bonds.
THE US WAS INDEED MADE A BANANA REPUBLIC DURING OBAMA ERA 2012 BEING THE PEAK OF SUBPRIMING---ALL OF WHICH WAS FRAUD AND CONSPIRACY TO SACK AND LOOT OUR SOVEREIGN NATION.
The Treasury Bond BubbleThe Worst Kept Secret on Wall Street
Posted March 19, 2009 at 3:10PM
So, with hundreds of billions of dollars now needed just to fund all of this new government spending, the Fed has become, in effect, the lender of last resort to our own Uncle Sam. Moreover, if foreign capital continues to shy away from Treasuries, you can bet that the Fed will print even more money in the future to keep it all afloat—sort of like what goes on in your run-of-the-mill banana republic.
A banana republic, by the way, is defined as one that typically has large wealth inequities, poor infrastructure, poor schools, a "backward" economy, low capital spending, a reliance on foreign capital and money printing, budget deficits, and a weakening currency.
Now that about sums it up, doesn't it?
Since that 2012 revision of ENTERPRISE ZONE policies having goals of merging existing zones to expand FOREIGN ECONOMIC ZONES across a state making these zones massive in size available to only global 1% having money to build these complexes, we see all kinds of rebranding of ENTERPRISE ZONES----from what were supposed to be HARLEM ENTERPRISE ZONES---which became EAST BALTIMORE AND HARBOR EAST -----now global banking 5% freemason/Greek players are PRETENDING to include our US 99% of WE THE PEOPLE with PROMISE ZONES---OPPORTUNITY ZONES-----having already installed financial instruments setting aside all that expansion of zones to existing global corporate campus FOOTPRINTS.
'There are two components to the program. First, governors are in the process of designating up to a quarter of their states’ low-income, high-poverty census tracts as Opportunity Zones'.
While national media and those dastardly global banking 5% freemason/Greek players try to keep our 99% eyes on TALKING POINTS----there is NO education about how all these ENTERPRISE ZONE and global financial subpriming of US and state municipal bonds effect future land deals.
Why 'Opportunity Zones' Could Solve Unemployment In Slow-Growth Areas
By John Bailey
April 06, 2018
Recent national economic reports point to a robust economic recovery. Employment is steadily increasing, and unemployment has fallen to a 17 year low. But obscured by the national averages are 52 million Americans still living in distressed communities, areas where poverty rates, unemployment, income, and business growth are far below the national averages.
This economic recovery has been unusual with its geographic concentration. Research by the Economic Innovation Group shows that just 73 out of 3,000 counties produced more than half the job growth in the first five years after the recession. A mere five metro areas were responsible for half the nation’s increase in new firms.
Outside of these prosperous metropolitan areas, the picture is grim. Two-thirds of distressed areas saw a decrease in jobs from 2000 to 2015, and 72 percent saw more businesses close than open. Labor force participation is lower and poverty is higher. There are more deaths due to alcohol, drugs, and suicide—characterized as "deaths of despair.” These Americans feel betrayed by trade agreements, vulnerable to globalization, and ignored by Washington, Wall Street, and Silicon Valley elites.
One reason for the slower recovery in these regions is that they lack the capital needed to start or expand businesses and revitalize their community. Data shows that 75 percent of venture capital goes to just three states, California, New York, and Massachusetts. Federal Reserve researchers found that in rural areas, bank loans of less than $1 million (after adjusting for inflation) are way below what they used to be before the recession.
That could change with the introduction of “Opportunity Zones,” a provision of the Tax Cuts and Jobs Act that gives investors the chance to reduce their capital gains tax when they invest in these distressed parts of the country. The program had broad bipartisan support, sponsored by Republican Tim Scott and Democrat Cory Booker in the Senate, and Republican Pat Tiberi and Democrat Ron Kind in the House.
There are two components to the program. First, governors are in the process of designating up to a quarter of their states’ low-income, high-poverty census tracts as Opportunity Zones.
The second part is the creation of Opportunity Funds—a new class of investment vehicles that gives investors the chance to reduce their capital gains tax when they invest in projects located in these areas. That tax incentive increases the longer the investment is kept in the community. If the investment is held for more than ten years, the investor will pay no additional capital gains on investments made through the fund.
This should allow distressed communities to tap a multi-trillion-dollar pool of capital to support a wide range of economic development activities. Funds could be broad or narrowly focused, with an emphasis on a single sector, such as housing development, charter school facilities, or broadband expansion. Others might be designed to raise startup funding for local entrepreneurs or help workers who are seeking job retraining.
Capital incentives alone aren’t enough to boost these communities. Governors and mayors will need to leverage Opportunity Fund investments with other economic development reforms. Governors might give entities located in a zone a competitive preference in grant competitions for education funding. Occupational licensing reforms could help reduce barriers to entrepreneurship in these communities. Or Opportunity Zone projects could combine different incentives for a larger impact, such as combining an Opportunity Fund housing investment with the Low-Income Housing Tax Credit for a mixed-use development.
For decades Americans have had the chance to invest in emerging markets all around the world. Now they have the chance to invest in America’s own emerging markets and finance the comeback story so many communities have been waiting to write.
_____________________________________
Here we see TOWSON UNIVERSITY rebranding what is ENTERPRISE ZONE policies having absolutely NO SUPPORT by 99% Baltimore citizens because for 20 years there has been nothing but BAD DATA BAD RESULTS BAD MANAGEMENT-----wrapped in fraud and corruption.
Towson is calling its revised ENTERPRISE ZONE policy RISE------regional strategic economic development. That is GREATER BALTIMORE being enfolded into Baltimore meeting with PRINCE GEORGE'S CO. Absolutely no public voice has gone into these plans----all land deals are decided through complex financial instruments controlled by global banking.
So----do our 99% of WE THE PEOPLE in Maryland, Baltimore, Baltimore Co, Howard Co, Hartford Co, Talbot Co, Montgomery Co REALLY NOT CARE what is MOVING FORWARD? That is what we are told. What happens these few decades after an economic collapse, civil unrest, widespread impoverishment from growing unemployment? Global banking 1% will simply spend these few decades installing underground infrastructure for global corporate campuses working hard to made US 99% OF CITIZENS EX-PATS----while building density of global 99% labor pool who will work in these FOREIGN ECONOMIC ZONES in US STATES just as they do in overseas FOREIGN ECONOMIC ZONES.
Towson University applying to join state's RISE economic ...
www.baltimoresun.com/news/maryland/baltimore-county/bs... Towson University officials say they are applying for a program that would target the campus and surrounding community for increased economic development. The university qualified under the state’s Regional Institution Strategic Enterprise program, or RISE, which allows it to seek a RISE Zone ...
As we discuss often ----MOVING FORWARD ends ALL public education K-UNIVERSITY so public universities will disappear as TOWSON and enfolded into a massive global corporate campus. 'The Department of Business and Economic Development (DBED)'has become the new BALTIMORE DEVELOPMENT. A REAL US public school system would be educating as to goals being MOVED FORWARD and not promoting FAKE REBRANDING.
IS IT REALLY COMMUNITY DEVELOPMENT WHEN THE GOAL IS MASSIVE CONCRETE GLOBAL FACTORIES?
State Launches RISE Zone Program to Help Spur Economic Development
December 16, 2014 Natasha Mehu Housing and Community Development, Taxes and Revenues
The Department of Business and Economic Development (DBED) has launched a new state program aimed at tapping into the economic development potential surrounding higher education institutions and certain nonprofits. As reported in the Baltimore Business Journal:
The state is now taking applications for its new Regional Institution Strategic Enterprise Zone program (called the “Rise Zone” program for short). It requires two application stages. The first stage, which is now open, requires higher education institutions, regional higher educational centers or nonprofit organizations that are associated with federal agencies to apply to the state Department of Business and Economic Development. The state will then qualify those groups.
At that point, institutions that have qualified will need to work with a county or city government on a second application. The second application will go to DBED to create the RISE Zone.
Once a zone is established, businesses that relocate or expand in the zone would be eligible for certain benefits such as property tax credits. The partnership with local governments to complete the second step of the application process helps ensure the proper businesses are targeted and that the proper incentives are granted to reflect the needs of the local jurisdiction. As reported in The Daily Record:
The program was designed to leverage the expertise of the state’s colleges, universities and federal research hubs, and amplify their potential to create new jobs and activity in their own backyard, said Mark Vulcan, DBED’s program manager for tax incentives.
…
“The other important part is to have the local jurisdictions sign off, because they’re the ones giving up the tax revenue,” Vulcan said, adding that it’s possible some jurisdictions may not be interested in that idea.
For more information:
Maryland is Accepting Applications to Create Economic Development Zones Around Colleges (Baltimore Business Journal)
__________________________________________
'Protesters fear the three proposed special economic zones, where land could be rented for up to 99 years, would be dominated by investors from China'.
We showed yesterday where THAILAND 99% of citizens are protesting the colonization of their nations by China----here is Vietnam doing the same. Where the US dominated Asian FOREIGN ECONOMIC ZONES after the REAGAN era ENTERPRISE ZONE policies pretending to help US city development was sent to build FOREIGN ECONOMIC ZONES overseas. US LEASE AGREEMENTS in all those ASIAN ZONES are coming to an end----just as here in US 2012 REVISED ENTERPRISE ZONE agreements are being installed. US moves out ---China moves in.
Here in US FOREIGN ECONOMIC ZONES the same foreign corporations are being installed in what is EXPANDED MERGING ENTERPRISE ZONES in CA, IL, MD. Where land deals in US are being made for 50-60 years----Vietnam is seeing 100 year land deals---
Thailand and Vietnam are both tied to TRANS PACIFIC TRADE PACT----both being colonized by China. TPP was sold as making prosperous citizens of these third world nations.
China’s potential control over economic zones leads to more protests in Vietnam
Vietnamese government vows to punish “extremists” who resort to violence
PUBLISHED : Monday, 18 June, 2018, 12:16pm
UPDATED : Monday, 18 June, 2018, 10:18pm
Vietnamese police have arrested eight more people after protests a week ago over a proposed law on special economic zones that protesters fear would fall into the hands of Chinese investors.
The men from the south central province of Binh Thuan were accused of disturbing public order, opposing officials and damaging state property, the state-run Tuoi Tre newspaper reported.
Protests against the law took place across the country, including in the southern commercial hub of Ho Chi Minh City where seven people were arrested for allegedly disturbing security and opposing officials.
Protesters fear the three proposed special economic zones, where land could be rented for up to 99 years, would be dominated by investors from China.
Lawmakers have postponed the passage of the law until October.
Security on Sunday was tight in many cities and provinces in Vietnam, with a large presence of police in public areas. But in central Ha Tinh province, live-stream footage on Facebook showed thousands of people attending a Sunday mass protesting peacefully against the laws.
Protesters held signs that said “No leasing land to Chinese communists for even one day” and “Cybersecurity law kills freedom”. Witnesses said there were no clashes with police during the two-hour protest.
The Vietnamese government has vowed to punish “extremists” it said had instigated rare clashes with police in Binh Thuan province. Protesters hurled bricks and Molotov cocktails at police, damaging some government buildings.
In a televised session of Vietnam’s National Assembly on Friday, its chairwoman said lawmakers condemned “acts of abusing democracy, distorting the truth” and “causing social disorder”.
General Secretary Nguyen Phu Trong in a talk with Hanoi citizens on Sunday called for people to be calm and trust the Communist Party and the government, state-run radio news website Voice of Vietnam reported.
Trong said the government was acting in the interests of the nation and its people and no one would be foolish enough to “hand over land to foreigners for them to come and mess things up”.
Charge d’affaires of the Chinese embassy in Vietnam, Yin Haihong, said on Friday that the cause of this incident was internal affairs in Vietnam and there was no connection with China.
“However, the incident still has a negative impact on Sino-Vietnamese relations. It is hoped that the Vietnamese side will act in tandem with the Chinese side, and gradually recover from the negative impact of the incident with concrete actions, and make practical efforts for the stable development of Sino-Vietnamese relations,” Yin said in an embassy statement.
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Below we see the world's first FOREIGN ECONOMIC ZONE----CHINA ---Shenzhen. We see it received its ENTERPRISE ZONE policies in 1988 same time as REAGAN era FOREIGN ECONOMIC ZONE policies here in US. As we said----all that US Federal funding sent to uplift US cities as Foreign Economic Zones went HERE-----to SHENZHEN building all that infrastructure for what were made multi-national corporations as US corporations went through huge merger and acquisitions during Clinton era----as again during Obama era.
When our global banking 5% freemason/Greek pols and players CLINTON/BUSH/OBAMA tell our US 99% WE THE PEOPLE our US cities are too poor-----are near bankruptcy-----all we have to do is look at what our US FEDERAL FUNDING built in Shenzhen and we see what those multi-national corporations OWE our US cities. Global banking CLINTON/BUSH/OBAMA had to hide the fact that all those trillions of dollars they said were FIXING US CITIES while being sent overseas BECAUSE it is illegal to send US Federal spending to build massive FOREIGN ECONOMIC ZONES overseas.
'culminating in the Wholly Foreign Owned Enterprise Law of 1988, and tax incentives to attract FDI to the SEZs. The liberalization of labor regulations in SEZs was also a necessity for the multinational corporations (MNC) to share relatively low wages and an ample supply of skilled workers (Wignaraja, p.29)'
SHENZHEN is a city so environmentally devastated that China is closing the city---saying to locals---here you can have your land back ----and moving to build NEW ECONOMIC ZONES tied to being SMART CITY deep, deep, really deep state.
LOTS OF DATA ON ENVIRONMENTAL DEVASTATION IN THESE FOREIGN ECONOMIC ZONES WITH SUCH FAST MASSIVE INDUSTRIAL GROWTH MOVING FORWARD IN US CITIES/STATES DESIGNATED SANCTUARY/SPECIAL/FOREIGN ECONOMIC ZONES.
Notice 'success' below is in quotations. Enslaving and brutal rather than relatively low wages. All that US enterprise zone revenue having built these multi-national corporate campuses overseas leading to trillion dollar profits needs to fund all today's development in US CITIES----minus those multi-national corporations.
Case Study: Shenzhen’s tale of “success”
By
Athena
– May 20, 2012Posted in: Case StudyThe development of the Chinese export machine exemplifies a contemporary tale of modernization—and a comprehensive long-term strategy. Policy leading to the formation of special economic zones include: lowering barriers to entry for foreign enterprise in China, culminating in the Wholly Foreign Owned Enterprise Law of 1988, and tax incentives to attract FDI to the SEZs. The liberalization of labor regulations in SEZs was also a necessity for the multinational corporations (MNC) to share relatively low wages and an ample supply of skilled workers (Wignaraja, p.29)
The Pearl River Delta has become known as the world’s factory and its industrialization was part of a calculated experiment in economic policy. Four SEZs – Guangdong, Fujian, Shenzhen and Hainan – were established in China in the 1980s, strategically placed away from the capital of Beijing to minimize potential negative impacts and very close to bordering capitalist hubs, Hong Kong, Taiwan, and Macao. The now fabled story of the first SEZ, Shenzhen, has become the hallmark of modern industrialization.
In the 1970s, Shenzhen was a small fishing village, population 30k, on the narrow river across from Hong Kong. It was deemed a special economic zone in 1979, exempting any business within its boundaries from paying regional and national tax for 10 years of operation. This exemption combined with other preferential trade agreements (PTA) attracted huge numbers of both businesses and workers. To construct infrastructure, the state functioned as a primary lending agency covering 48% of fixed capital investment in 1979, dropping to 24% in 1980 (Palit, p.17). Growth was not without its pains as the province stretched to accommodate the influx of migrant workers. As a result, the region forged new policy including home purchase schemes for workers, a new tender system, and wage reform that shaped a “free” labor market emerging by the early 1990s. Shenzhen additionally hosted the first stock exchange in China in 1990 (Yeung, p.227). “To their credit, Shenzhen’s leaders recognized early on that … over the long term, structural transformation and technological learning would be necessary for development to become self perpetuating” (Yeung, p.229). The Chinese oligarchy responded swiftly to the needs of industrializing village.
Every aspect of Shenzhen’s industrialization was integrated into a regional and national economic growth scheme. The post-Mao regime inherited a legacy of industrialization and possessed a readiness for change. Just as their export-oriented manufacturing began, globalization was gaining momentum (Yeung, p.236) giving them the element of good fortune to offer the right program at the right time. That fortune translated into to an outstanding 58% annual growth rate for the region as it developed factors of production and a market within years (Yeung, p.225). From this point, a demonstration effect took hold within China resulting in varying levels of success among the other SEZs.
Shenzhen was embedded in the national economic scheme so the accomplishments of the region are the accomplishments of the central government. The quest for foreign investment inspired incentives that were clearly successful as “China attracted record levels of FDI, with inflows amounting to $54 billion per year during 1991-2010. Annual FDI inflows from 2003 to 2010 ($81.5 billion) were more than double that of the 1991 through 2002 period. Interestingly, the global financial crisis did not significantly disrupt FDI inflows. Figures have shown FDI rebounding to pre-crises levels in 2010 at $105.7 billion (Wignaraja, p.34).
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