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POTUS 45.44: "That's Not Law" said Trump
- Thread starter ScoobyDoo
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Re: POTUS 45.44: "That's Not Law" said Trump
Youre not Americans making cars for Americans? Then who cares if you're an American taxpaying company.
Youre not Americans making cars for Americans? Then who cares if you're an American taxpaying company.
D
Deutsche Gopher Fan
Guest
Re: POTUS 45.44: "That's Not Law" said Trump
But of course.
“President Trump placed responsibility for recent stock market declines and this week’s General Motors plant closures and layoffs on the Federal Reserve during an interview Tuesday, shirking any personal responsibility for cracks in the economy.”
Courtesy of WaPo
But of course.
“President Trump placed responsibility for recent stock market declines and this week’s General Motors plant closures and layoffs on the Federal Reserve during an interview Tuesday, shirking any personal responsibility for cracks in the economy.”
Courtesy of WaPo
aparch
Acetaminamerican
Re: POTUS 45.44: "That's Not Law" said Trump
But, didn't he just say he was tough on Mary Barra and was going to make them keep the plants open?
*Edit* I'm interested in seeing what comes of the Oshawa plant as the union contract stated that layoffs could not happen until 2020. I know contracts are meant to be broken, so it will be interesting how the Canadian Unions put the screws to GM, or if GM will just buy out the final year for the employees, or if they re-tool the plant to produce a different car for one year.
This is one of the many times a Union is good to have.
But, didn't he just say he was tough on Mary Barra and was going to make them keep the plants open?
*Edit* I'm interested in seeing what comes of the Oshawa plant as the union contract stated that layoffs could not happen until 2020. I know contracts are meant to be broken, so it will be interesting how the Canadian Unions put the screws to GM, or if GM will just buy out the final year for the employees, or if they re-tool the plant to produce a different car for one year.
This is one of the many times a Union is good to have.
Last edited:
D
Deutsche Gopher Fan
Guest
Re: POTUS 45.44: "That's Not Law" said Trump
Omg
“President Trump blamed Federal Reserve Chairman Jerome Powell for a string of negative economic developments, saying it is a mistake for the agency not to accommodate him more "because I have a gut and my gut tells me more sometimes than anybody else’s brain can ever tell me.”
https://thehill.com/homenews/admini...oa0PvBIjXaOtj-dKgqTPv6S3T6T0LzzHH97GdTwVocbtU
Omg
“President Trump blamed Federal Reserve Chairman Jerome Powell for a string of negative economic developments, saying it is a mistake for the agency not to accommodate him more "because I have a gut and my gut tells me more sometimes than anybody else’s brain can ever tell me.”
https://thehill.com/homenews/admini...oa0PvBIjXaOtj-dKgqTPv6S3T6T0LzzHH97GdTwVocbtU
Re: POTUS 45.44: "That's Not Law" said Trump
Like when to file bankruptcy.
Like when to file bankruptcy.
Handyman
Hug someone you care about...
Re: POTUS 45.44: "That's Not Law" said Trump
So now it is the Feds fault? Why cause they once again didnt raise rates even though everyone and their mother knows they should have? This idiot is going to cause a crash BEFORE a Recession hits that is how stupid he is.
So now it is the Feds fault? Why cause they once again didnt raise rates even though everyone and their mother knows they should have? This idiot is going to cause a crash BEFORE a Recession hits that is how stupid he is.
Handyman
Hug someone you care about...
Re: POTUS 45.44: "That's Not Law" said Trump
<blockquote class="twitter-tweet" data-cards="hidden" data-lang="en"><p lang="en" dir="ltr">President Trump: "I shouldn't say this. You'll say I'm very conceited, 'cause I'm not. But other than the blond hair, when I was growing up, they said I looked like Elvis." <a href="https://t.co/HRJUZs82zz">https://t.co/HRJUZs82zz</a> <a href="https://t.co/eE93kmiYAW">pic.twitter.com/eE93kmiYAW</a></p>— The Hill (@thehill) <a href="https://twitter.com/thehill/status/1067606755385913344?ref_src=twsrc%5Etfw">November 28, 2018</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet" data-cards="hidden" data-lang="en"><p lang="en" dir="ltr">President Trump: "I shouldn't say this. You'll say I'm very conceited, 'cause I'm not. But other than the blond hair, when I was growing up, they said I looked like Elvis." <a href="https://t.co/HRJUZs82zz">https://t.co/HRJUZs82zz</a> <a href="https://t.co/eE93kmiYAW">pic.twitter.com/eE93kmiYAW</a></p>— The Hill (@thehill) <a href="https://twitter.com/thehill/status/1067606755385913344?ref_src=twsrc%5Etfw">November 28, 2018</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
D
Deutsche Gopher Fan
Guest
Re: POTUS 45.44: "That's Not Law" said Trump
Acid wash!
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The Mueller Witch Hunt is a total disgrace. They are looking at supposedly stolen Crooked Hillary Clinton Emails (even though they don’t want to look at the DNC Server), but have no interest in the Emails that Hillary DELETED & acid washed AFTER getting a Congressional Subpoena!</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1067576713859817472?ref_src=twsrc%5Etfw">November 28, 2018</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Acid wash!
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The Mueller Witch Hunt is a total disgrace. They are looking at supposedly stolen Crooked Hillary Clinton Emails (even though they don’t want to look at the DNC Server), but have no interest in the Emails that Hillary DELETED & acid washed AFTER getting a Congressional Subpoena!</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1067576713859817472?ref_src=twsrc%5Etfw">November 28, 2018</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Re: POTUS 45.44: "That's Not Law" said Trump
IIRC the Santorum definition was a MN City Pages contest of sorts, by a gay columnist writer.....
IIRC the Santorum definition was a MN City Pages contest of sorts, by a gay columnist writer.....
Handyman
Hug someone you care about...
Re: POTUS 45.44: "That's Not Law" said Trump
Nope. Dan Savage is a syndicated columnist (his column Savage Love was in City Pages but he didnt work for City Pages) out of Seattle though he is originally from Chicago and lived in Madison.
Nope. Dan Savage is a syndicated columnist (his column Savage Love was in City Pages but he didnt work for City Pages) out of Seattle though he is originally from Chicago and lived in Madison.
Re: POTUS 45.44: "That's Not Law" said Trump
Ok, thank you for the clarification and info. That was friggin' classic what he did.
Ok, thank you for the clarification and info. That was friggin' classic what he did.
Re: POTUS 45.44: "That's Not Law" said Trump
Here's a piece on why the market is tanking and why the 'tax cut' is not helping growth. As I mentioned months ago, the problem is with how businesses invest - which Republicans either don't understand or don't care. Businesses invest based on return on investment - not because they have funds - as businesses can always get funds via credit. Businesses don't see a return then they don't hire.
"One reason the Trump tax cuts haven't produced a faster pace of long-term growth is that many companies simply passed the windfall along to shareholders in the form of dividends and stock buybacks. Such capital payouts came in lieu of, say, allocating the money toward new technology, factories or equipment -- investments that likely would have fostered faster economic growth in the future."
Also as discussed, governments do spend and that money goes right into the private sector - private companies and individuals. However, you cut the government - you cut forced spending and the economy shrinks. The article doesn't speak to that. But of course it covers the waste of servicing the debt. Long story short...the economy is in for a rocky path.
https://www.thestreet.com/markets/t...at-as-payments-rise-on-national-debt-14787516
Here's a piece on why the market is tanking and why the 'tax cut' is not helping growth. As I mentioned months ago, the problem is with how businesses invest - which Republicans either don't understand or don't care. Businesses invest based on return on investment - not because they have funds - as businesses can always get funds via credit. Businesses don't see a return then they don't hire.
"One reason the Trump tax cuts haven't produced a faster pace of long-term growth is that many companies simply passed the windfall along to shareholders in the form of dividends and stock buybacks. Such capital payouts came in lieu of, say, allocating the money toward new technology, factories or equipment -- investments that likely would have fostered faster economic growth in the future."
Also as discussed, governments do spend and that money goes right into the private sector - private companies and individuals. However, you cut the government - you cut forced spending and the economy shrinks. The article doesn't speak to that. But of course it covers the waste of servicing the debt. Long story short...the economy is in for a rocky path.
https://www.thestreet.com/markets/t...at-as-payments-rise-on-national-debt-14787516
Re: POTUS 45.44: "That's Not Law" said Trump
So dumpy wants to coerce a company to do something...
hmmmm.... Sounds like regulation to me. Or a partial government takeover- aka Communism.
Can this guy make up his mind? Does he want companies to do more for the best of what they think or just be the arm of the government?
If it's the latter, the tax break would have been better spent on the lower 90% earners, since it would churn over and over again though the economy, instead of the top 1% where we see 1) companies don't spend it on jobs but dividends and 2) the top 1% saves about 40% of their income- so each payment- roughly 40% of the income never gets used again.
So dumpy wants to coerce a company to do something...
hmmmm.... Sounds like regulation to me. Or a partial government takeover- aka Communism.
Can this guy make up his mind? Does he want companies to do more for the best of what they think or just be the arm of the government?
If it's the latter, the tax break would have been better spent on the lower 90% earners, since it would churn over and over again though the economy, instead of the top 1% where we see 1) companies don't spend it on jobs but dividends and 2) the top 1% saves about 40% of their income- so each payment- roughly 40% of the income never gets used again.
rufus
rock and roller
As anyone who knew anything was saying at the time would happen.
rufus
rock and roller
Sure doesn't sound like the free markets these guys supposedly worship.
bronconick
Yep, still here
Re: POTUS 45.44: "That's Not Law" said Trump
Which the businesses said straight out what they were going to do before the bill was even passed.
Which the businesses said straight out what they were going to do before the bill was even passed.
ScoobyDoo
NPC
Re: POTUS 45.44: "That's Not Law" said Trump
Everyone knew that was what was going to happen. Even Republicans. Only the stupid deplorables who voted for Trump thought otherwise.
Everyone knew that was what was going to happen. Even Republicans. Only the stupid deplorables who voted for Trump thought otherwise.
The Sicatoka
Kicizapi Cetan
Re: POTUS 45.44: "That's Not Law" said Trump
If you look closely, about half the market is "bear" (down 20% from highs); about 3/4 of the market is in "correction" (down 10% from highs). However, the broader indexes look wonderful ... because a handful of (mainly tech) stocks are up enough to paint over the broader numbers. And this basic review is only looking back about a year*. Now ... is that the Fed diddling the rates knob or is that Trump's tariffs parade**.
*Plainly admit I had a chat with my financials guy yesterday. He had correction/bear numbers; I noted that about five stocks are propping up the broad index numbers; he said more like two dozen.
**It's both, but what are the weighting factors. I'd guess the tariffs are more than the WH wants to admit.
If you look closely, about half the market is "bear" (down 20% from highs); about 3/4 of the market is in "correction" (down 10% from highs). However, the broader indexes look wonderful ... because a handful of (mainly tech) stocks are up enough to paint over the broader numbers. And this basic review is only looking back about a year*. Now ... is that the Fed diddling the rates knob or is that Trump's tariffs parade**.
*Plainly admit I had a chat with my financials guy yesterday. He had correction/bear numbers; I noted that about five stocks are propping up the broad index numbers; he said more like two dozen.
**It's both, but what are the weighting factors. I'd guess the tariffs are more than the WH wants to admit.
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