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(R) Greg Lopez
(R) Trisha Calvarese
90%
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President (To Win Colorado)
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(D) Joe Biden*
(R) Donald Trump
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20%↓
CO-01 (Denver)
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(D) Diana DeGette*
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CO-02 (Boulder-ish)
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90%
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(R) Lauren Boebert
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DEMOCRATS
REPUBLICANS
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February 05, 2012 05:22 AM UTC
37 Comments
#4 is also government. And numbers 5 & 6 are healthcare which means over half of their income is from the government. Without tax dollars Colorado Springs would probably be looking at something like 70% unemployment.
According to news reports, Springs Fabricaiton and Mr. Neppl have been the benefactors of additional government contracts. In December 2009, Springs Fabircation won a government contract for $8.1 million and because of that contract Mr. Neppl was able to rehire twenty (20) people the company had previously fired due to lack of work. The contract was for disposal of chemical weapons at the Pueblo Army Depot.
http://dissentingjustice.blogs…
In addition, the Colorado Springs Business Journal reports that along with energy, mining and remediation government and military contracts “has been the cornerstone of continued success” for Springs Fabrication.
http://csbj.com/2012/02/02/spr…
In other words, Mr. Neppl has made a good deal of his living by bidding on and servicing federal government contracts and a government contract made it possible for him and his company to rehire twenty (20) people in the depths of the recession.
There appears to be a lot of fabricating going on down in the Springs.
was a $2.3-million tax cut to become a real job creator. Duh!
Maybe then, like Romney, he would have been able to employ four (underpaid) domestics.
did Solyndra’s $500MM net? Amazingly, less than Springs Fab’s zero. Now we’re getting into ‘negative whole numbers!’ Sxp, please help with the math!
over there !
that was superior Solyndra’s? How come you love being addicted to Middle Eastern oil and being blackmailed by the Sheiks? Why the hatred toward renewable energy? Why do you want our young men and women to die for oil?
How much does a dry hole in the Gulf cost?
How come you aren’t concerned that this taxpayer money was spent correctly? Oh because you’re an ass who doesn’t care as long as the money goes to Republicans. OK then.
Solyndra, while it was still a going concern, employed 900 people. Some of those people were employed with government money. (If you get to claim the jobs created temporarily by O&G development as jobs, then jobs temporarily created at Solyndra count just as much…)
If you took $2.3 million and no jobs were created or retained, where did the money go – into your own personal bank account?!
and what was the criteria for awarding this grant to an organization that didn’t need it. Did they or didn’t they fulfill the obligations of the grant? Who in this organization applied for the grant and what were the expectations when it was awarded?
Fraudulent application? Inept management? Theft? Good grief, both the application and the company’s record of use have to be made public now. This spin is not going away without some accountability. And, as GG says, it’s going to be a lot of fun.
Or it may be that Romney’s just a lying sack of shit.
anything for the money. Weird defense of Romney. I’m sure he’ll remember Monday why he applied for the grant and whether he fulfilled the obligations.
In Gilpin County, stimulus money was spent to implement a wildfire protection plan with vegetation thinning. It should be pretty simple to match the grant with the work performed.
The Denver Post didn’t even see fit to mention it in their story yesterday. Hey, that’s right! They endorsed Romney on Friday! Perhaps the two are related?
Now that Romney is likely nominee, the kid gloves will come out, not the long knives.
He was a subcontractor on a project that received the money.
He said that over $1M alone went into buying parts from another vendor for the project. The rest (I assume) went to doing the fabrication.
And the $2.3MM is a very small number for them. They do really big projects and make (and spend) a lot of money on them.
So there’s not really that much of a conspiracy here regarding the lack of job creation or where the money went.
Downthread the discussion is that this amounted to around 5% of their annual gross revenue. I haven’t checked the numbers myself, but I don’t know any business that considers 5% of gross to be “small.”
Because Manta is always so accurate.
I don’t know what their annual revenues are, but they do a lot of 8 figure projects (and smaller) every year.
Manta? Really?
you could, you know, address the point.
If you know something other than what they told you (in an environment where they DON’T have to be accurate), you can share it.
I don’t know many small cap companies that regard $2.3 million as “very small.” It may not be an amount that makes or breaks a company, but it’s not an amount that usually is ignored.
if you work for or own stock in Manta. Otherwise, I suppose I need to brush up on my Latin.
You are right. He may not have told me the truth. And $2.3MM is a lot of money. It was certainly enough for them to take the job.
But for a company that routinely does 7 and 8 figure projects every year, this particular project didn’t move the needle very much.
If you know something about why they can’t be trusted, then say it.
If you can tell me how a 7 figure sum doesn’t impact a 7 or 8 figure project, you can tell me that, too.
those “vendors” don’t have any employees? So, was this $2.3M paid out in water that just evaporated? Stupid government . . .
But, I do agree with your “fabrication.”
And maybe the $1MM was a lot of money to that vendor. Maybe they were able to hire more employees b/c of it. But for Springs Fab that $1MM was a pass-through. And I also said that I assume the remaining $1MM+ was actually spent at the plant.
Are you not reading my comment because it didn’t occur to you, or did you not read it intenionally so you could employ the age-old trick of making ‘the other side’ waste their time and spin their wheels by making shit up?
“the other side” (i.e. you) feels they have to “waste their time and spin their wheels by making shit up” either, Mr. ASSume. (I would have to guess it’s all you got?)
You did! Shit. Good one. You nailed it!
Then can we get the money back? Thanks.
stays afloat on government subsidies while being ground zero of hatred for government in Colorado. Schizophrenics make more sense than the modern Republican Party.
anti-government, anti-tax Rs one finds in the traditionally conservative military as well as among police and firefighters. Also all those rugged independent ranchers who make Reagan’s “welfare queens” look like extremely minor users of government largess by comparison. Not to mention the wealthiest most powerful corporations in general with all of their breaks and subsidies. It would be interesting to see how many Rs would still be calling for government small enough to drown in a bathtub if they woke up one day to find that had actually happened. Although, like those of C Springs they’d probably continue to blame whatever suffering ensued on them libruls.
After all, someone has to keep draining the government long enough to get it down to drowning size. It might as well be the important people, the ones who provide the support needed for true government reformers like Newt Gingrich and Mitt Romney to win against the vile, repressive overlords in the Democrat Party.
[Just saving AGOP some time posting…]
He may not have resceived his points yet, after all. Happy Super Bowl afternoon.
was the hot new talking points delivery system for 2012. They must be working out the bugs for him to be so late with the agenda.
From that you can easily figure if this added jobs.
Their web site says they have 150 employees (hmm, the press release says they have 160 — Gasp! Does that mean ….? No, certainly not!).
Given the industry, their average salary is easily $50k per person. They would probably need productivity on the order of $200k to $300k per person. So that equates to roughly $30 to $40 million in annual revenue.
So, if it’s true they didn’t hire anyone, then that $2.3 million in additional revenue means 10 jobs were saved, and/or that’s a heck of a lot of overtime for the current employees.
It’s more money into the local economy as that pay is spent.
10 to 20 million. Don’t know how accurate that is.
Assuming they weren’t ripping off the government, Harry’s estimate of 10 jobs saved is accurate.
it was not “stimulus” because they were already living off government contracts. And that makes Romney’s case how?
Of course, the purpose of stimulus was to maintain jobs as well as create new jobs, but that doesn’t fit the Rs story either. And these apparently weren’t defense jobs, so they have to be a waste of money, don’t they? Uh…this is so confusing..what are the talking points again?
Ideology says the sky is red and even when one looks up and its blue, under ironclad Republican ideology you are required to claim the sky is red. Facts simply don’t matter. The $2.3 million this company received in “Stimulus” funds certainly kept some of their employees working while the company fulfilled its obligations under the terms of the contract to provide the government with a product. According to Mr.Neppl’s theory, government contracts do not ever create jobs or save jobs. Apparently to him, its funny money. I wonder how much “funny money” his company has been paid over the years.
He reminds me of the 1960’s in Orange County, California when the John Birch Society (JBS) was strong there and Ronald Reagan was the favorite evening speaker at JBS precinct meetings. They hated the federal government by night and by day, but practically all of them worked for defense contractors, the industry that transformed Orange County after World War II. It is amazing how compartmentalized their minds are.