President Trump

[morekaos]

Who cares?  Winning!! (This would not have happened with a President Billery)..This is YUGE and the first of many.  Buckle up buttercup. The economy is going to the moon!!

Apple announces plans to repatriate billions in overseas cash, says it will 'contribute' $350 billion to the US economy over the next 5 years

Apple said it will "contribute" $350 billion in the US economy over the next 5 years.
It will include the creation of 20,000 new jobs and a new campus.
Apple expects tax repatriation payments of about $38 billion.

It anticipates a $38 billion tax bill for repatriated cash, as a result of the new tax bill. This implies it will bring back virtually all of its $250 billion in overseas cash.
[url]https://www.cnbc.com/2018/01/17/apple-announces-350-billion-investment-20k-jobs-over-5-years.html[/url]

 

[Irvinecommuter]

Who cares?  Winning!! (This would not have happened with a President Billery)..This is YUGE and the first of many.  Buckle up buttercup. The economy is going to the moon!!

Right...you don't care so don't pretend to care.  Just stick with the money is king theory.

 

[fortune11]

Who cares?  Winning!! (This would not have happened with a President Billery)..This is YUGE and the first of many.  Buckle up buttercup. The economy is going to the moon!!

Right...you don't care so don't pretend to care.  Just stick with the money is king theory.

The bigger the insecurities , the louder the denials ...

 

[Kings]

And here comes the whataboutism.  You really think that questioning Trump's weight and height is the same as questioning where Obama was born and whether he was an American citizen?

This is why I do not bother to speak about racism much...honestly because people who don't get it, don't want to get it.  They like the way things are and refuse to believe that the system is severely skewed to benefit certain people, mostly white males.

All people got from Fortune and my post is 1) liberals are just as bad, 2) Look at those liberals, and 3) Obama is bad.  Seriously, you are welcome to live in your bubble.  Just don't tell me that you are not living in a bubble.

It is what it is.  Hopefully some people reading this will be more open thinking about what has been written and where our society is.

Hah. Never said I was a birther.  My comment about hypocrisy and irony surrounds the fact that the left claims to be "accepting" and "tolerant", yet in practice they are just as bad as some on the right when an Obama-appointed doctor provides an assessment about the President's height and weight.

No it is not.  Questioning Trump's claimed weight and height is not even close to question Obama's national origin to discredit his legitimacy of as a President.  Would it be the same if someone said that you were not as tall/skinny as you claim to be as oppose someone claiming that you are not an American in an attempt to negate your position or accomplishments?  Also interesting is that no other president/presidential candidate's national origin was ever questioned.  John McCain was born in Panama but no cared about that.  The equivocation argument is ridiculous.

Didn't say you were a birther but the whataboutism is certainly there.  You basically ignored my entire post by saying that "look look those people are bad too!" 

I am not sure why people keep talking about left v. right....again, not a political issue.  A social and human issue.  So is the idea that unless and until all the people on the "left" are deemed to be "good" by those on the right...we just ignores the reality of racism and its profound impact on society?

Again, the purpose to linking the article was to bring about conversation about a new term coined by the left, "girther," and how the left is hypocritical about Trumps height and weight (yet preaches tolerance of all) and the irony questioning the numbers (yet the doctor was appointed by Obama).  Neither my post, nor the article, were about racism.

And yes, my follow up post was bringing to light the "bad lefties" being just as bad as the "bad righties".  None have the moral high ground when they all stoops to the same lows.

 

[morekaos]

No, my point is that a roaring economy will drown out these other issues when it comes to a vote.  People vote with their pocketbooks, like it or hate it, its a fact.  The average Joe is more concerned with putting food on the table and a roof over his head than if the sea rises 1cm next year.  Those of us who have the means can concern ourselves with these loftier issue, we have that luxury, but Joe?,  he doesn't have the time for this.

 

[Liar Loan]

Irvinecommuter - You don't even believe your own definition of racism. 

If you did, you would give Trump credit where credit is due.  I posted specific instances where Trump was not just nice to people of color, but used his vast wealth and influence to actively help them.  You keep brushing that off because if you were honest, you would admit it doesn't fit your definition of racism.

If Trump was a racist, he would not have been a pioneer in integrating Mar-a-lago, when every other Palm Beach club excluded blacks, Jews, gays, and every other minority.  The path of least resistance was to conform to the existing racism and he didn't.  He went against the white, wealthy elite and made them look bad.

Concerning sexism, he also was the first RE developer to promote a female to lead project manager of a major development in NY City in the early 80's.  You can't deny these facts, you can only brush them aside because your hate of Trump creates cognitive dissonance when you are faced with the facts.

 

[Liar Loan]

Let's not forget that libertarians are against the Civil Rights Act of 1964/1968 and believe that they should be repealed.

There are some libertarians that believe the Civil Rights Act violates the Constitutional protection of Freedom of Association.  However, as an issue this ranks very low on their list of priorities.  (Whataboutism anybody?) 

 

[Irvinecommuter]

Let's not forget that libertarians are against the Civil Rights Act of 1964/1968 and believe that they should be repealed.

There are some libertarians that believe the Civil Rights Act violates the Constitutional protection of Freedom of Association.  However, as an issue this ranks very low on their list of priorities.  (Whataboutism anybody?) 

Civil Rights Act is pretty high up the list of whataboutism.

 

[Irvinecommuter]

Irvinecommuter - You don't even believe your own definition of racism. 

If you did, you would give Trump credit where credit is due.  I posted specific instances where Trump was not just nice to people of color, but used his vast wealth and influence to actively help them.  You keep brushing that off because if you were honest, you would admit it doesn't fit your definition of racism.

If Trump was a racist, he would not have been a pioneer in integrating Mar-a-lago, when every other Palm Beach club excluded blacks, Jews, gays, and every other minority.  The path of least resistance was to conform to the existing racism and he didn't.  He went against the white, wealthy elite and made them look bad.

Concerning sexism, he also was the first RE developer to promote a female to lead project manager of a major development in NY City in the early 80's.  You can't deny these facts, you can only brush them aside because your hate of Trump creates cognitive dissonance when you are faced with the facts.

Again...let's look at the paint job!  It's great! 

 

[morekaos]

Like I said, can't use the "old" way of looking at things. Wonder what the "Brooking Institute" thinks about repatriation now?

Repatriated earnings won?t help American workers?but taxing those earnings can

s the Trump administration and Congressional Republicans attempt to overhaul the U.S. tax code, one focal point will be how to ?repatriate? the $2.6 trillion of overseas profits accumulated by U.S. corporations. Given how we talk about these earnings, you could be forgiven for thinking U.S. companies have stashed their cash inside a mattress in France. They haven?t. Most of it is already invested right here in the U.S.

To clear up a common misconception, ?repatriation? is not a geographic concept, but refers to a set of rules defining when corporations have to pay taxes on their earnings. For instance, paying dividends to shareholders triggers a tax bill, but simply bringing the cash to the U.S. does not. Indeed, nearly all of the $2.6 trillion is already invested in the U.S.

Proponents of the Republicans? Big 6 Framework are fond of arguing that ?bringing earnings home? will increase funds available for domestic investment and growth. That?s not only illogical?it?s disingenuous.

To start with, we should avoid another 2004-style tax ?holiday? or other mechanism that allows companies to repatriate income at a reduced rate. While the repatriation of cash itself cannot increase growth, imposing a high tax rate on those earnings would raise a lot of tax revenue. And we could use those revenues to pay for lower rates elsewhere. The untaxed cash on corporate balance sheets is the product of decisions that happened years ago; imposing a high tax rate would place no burden on investment going forward.

Wrong, wrong and wrong. I think Apple just blew up the theory of tax it more and let the government put it to work....not!!

https://www.brookings.edu/blog/up-front/2017/10/25/repatriated-earnings-wont-help-american-workers-but-taxing-those-earnings-can/

 

[Liar Loan]

Irvinecommuter - You don't even believe your own definition of racism. 

If you did, you would give Trump credit where credit is due.  I posted specific instances where Trump was not just nice to people of color, but used his vast wealth and influence to actively help them.  You keep brushing that off because if you were honest, you would admit it doesn't fit your definition of racism.

If Trump was a racist, he would not have been a pioneer in integrating Mar-a-lago, when every other Palm Beach club excluded blacks, Jews, gays, and every other minority.  The path of least resistance was to conform to the existing racism and he didn't.  He went against the white, wealthy elite and made them look bad.

Concerning sexism, he also was the first RE developer to promote a female to lead project manager of a major development in NY City in the early 80's.  You can't deny these facts, you can only brush them aside because your hate of Trump creates cognitive dissonance when you are faced with the facts.

Again...let's look at the paint job!  It's great!

My point is valid.  Choosing not to respond to it is your choice.

 

[Irvinecommuter]

Irvinecommuter - You don't even believe your own definition of racism. 

If you did, you would give Trump credit where credit is due.  I posted specific instances where Trump was not just nice to people of color, but used his vast wealth and influence to actively help them.  You keep brushing that off because if you were honest, you would admit it doesn't fit your definition of racism.

If Trump was a racist, he would not have been a pioneer in integrating Mar-a-lago, when every other Palm Beach club excluded blacks, Jews, gays, and every other minority.  The path of least resistance was to conform to the existing racism and he didn't.  He went against the white, wealthy elite and made them look bad.

Concerning sexism, he also was the first RE developer to promote a female to lead project manager of a major development in NY City in the early 80's.  You can't deny these facts, you can only brush them aside because your hate of Trump creates cognitive dissonance when you are faced with the facts.

Again...let's look at the paint job!  It's great!

My point is valid.  Choosing not to respond to it is your choice.

I guess we will just leave it as it is then.  I made my statement regarding the topic.  You can refer back to it if you would like.

 

[Irvinecommuter]

Also...the test is going forward.

WASHINGTON (AP) ? President Donald Trump relentlessly congratulates himself for the healthy state of the U.S. economy, with its steady growth, low unemployment, busier factories and confident consumers.

But in the year since Trump's inauguration, most analysts tend to agree on this: The economy remains essentially the same sturdy one he inherited from Barack Obama.

Growth has picked up, but it's not yet clear if it can sustain a faster expansion. Hiring and wage growth actually slowed slightly from Obama's last year in office. Consumers and businesses are much more optimistic, but their spending has yet to move meaningfully higher.

"I don't see any noticeable break over the past year," said Michael Strain, an economist at the conservative American Enterprise Institute. "We tend to overstate the degree to which the president has the ability to control the economy."

During the presidential campaign, Trump portrayed the economy as floundering and called the unemployment rate "one of the biggest hoaxes in modern politics." Now he accepts the government's data at face value.

When the government reports growth for the October-December quarter next week, it may show the economy expanded at a 3 percent or higher annual rate for the third straight quarter. That could lift growth in 2017 to the fastest pace since it reached 2.9 percent in 2015.

Some of that growth may reflect greater spending by consumers or businesses in anticipation of tax cuts. But most economists expect it will take time for Trump's deregulatory and tax policies to have their full effect.

There's no question that businesses and consumers are more optimistic. The Conference Board's consumer confidence index jumped to a 17-year high in November before slipping a bit last month.

That hasn't yet resulted in more Americans opening their wallets, though. Spending growth in the first nine months of 2017 was slightly slower than in the previous year.

https://www.yahoo.com/news/trump-claims-credit-still-mostly-185032789.html

 

[morekaos]

We will pass the test.  The tax cut coupled with lower regulation, increased energy exports/production and now an injection of maybe a Trillion dollars in cash mean expansion is inevitable.  Can he take credit for it?  Whether you believe he deserves credit or not...he's gonna take it.

 

[morekaos]

The direct action of this president cannot be denied or obfuscated here.  Again under president Billery this alternate reality would not exist. And this is only the first, more announcements are coming!! MAGA!

Cramer calls Apple's $350 billion investment in the US economy a 'modern-day Marshall Plan'

"Mad Money" host Jim Cramer interviewed Apple CEO Tim Cook after his company's pledge to contribute $350 billion to the U.S. economy for an inside look at the move.

Cook told Cramer that while some plans were in the works, the move wouldn't have happened without Washington's new tax law and the subsequent "repatriation tax holiday."

Cramer described the iPhone maker's economic injection as the "modern-day Marshall Plan."

https://www.cnbc.com/2018/01/17/cramer-apples-tim-cook--most-of-350b-plan-to-repatriation.html

 

[Liar Loan]

Apple has announced:

-A $350 billion ?contribution? to the U.S. economy over the next five years

-It will open a new campus and create 20,000 jobs

-Will pay about $38 billion in taxes for the cash it plans to bring back to the United States

-Will repatriate virtually all of its $250 billion in overseas cash

-Will spend over $30 billion in capital expenditures over the next five years

-Will spend $5 billion as part of an innovation fund

-Employees will receive $2,500 bonuses

 

[Kings]

Apple has announced:

-Will pay about $38 billion in taxes for the cash it plans to bring back to the United States

Thanks for paying for the wall, Apple!

 

[sgip]

I know conventional wisdom says the GOP is going to be wiped out in the November midterms, but as a contrarian, it might not occur. As pay increases, as bonus income is received, as tax refunds are paid out (2017 tax rules.....not 2018 when it will be a much different tale....) there could be enough "meh" about the GOP excesses that no one really wants to sweep them out of power.

As one person put it, "If Muller doesn't get the goods on Trump soon, then Tim Cook will have provided everything he needs to get reelected".

Remember kids "It's the economy, stupid..."

My .02c

SGIP

 

[fortune11]

Trump is at 37% after all this shock and awe boom.

you all can hope but don't forget

- Obama gave out refunds and cash for clunkers but didnt stop him from losing midterms in a bad economy
- bush had an even better economy in 2006 ( than we have now) but still lost the midterms due to Iraq and general distaste for gop

distate for gop is even worse now.  this forum is a general watering hole for conservative sympathizers and trump supporters so may not feel that way to you guys but step or read outside your bubble and you will know.  democrats are winning special elections left right and center. 

I am not calling for a dem wave sweep but house is almost certain to change control esp given so many blue states involved. and losing even one wing of power means MAGA project is jammed for good.

and jim cramer is one of the biggest hacks out there (if you followed his stock picks in 2000 you probably got destroyed and then again in 2008). ... so called  Marshall plan .  companies can put the cash to work anyway they want and who is keeping track?  if apple spends some of that cash to buy Tesla , they can still call it " investing in the US "

 

[fortune11]

Wall Street Journal is at it again -- they just won't leave the Stormy Daniels story alone.  Gotta hand it to the reporting staff.  Cant imagine the pressure they must be under when your ultimate boss is Rupert Murdoch.

Before we cast stones , who amongst us hasn't paid hush money to an adult pornstar via a fake Delaware LLC ?
https://www.wsj.com/articles/trump-...tormy-daniels-1516315731?mg=prod/accounts-wsj

A White House official last week also denied any sexual encounter took place and declined to comment on any agreement. The White House didn?t immediately respond to a request for comment on Thursday.

After the Journal published its story Friday, several media organizations said Ms. Clifford or her manager discussed the alleged sexual encounter with them in the weeks before the 2016 election.

Mr. Cohen initially had planned to make the $130,000 payment using an entity called Resolution Consultants LLC, according to some of the people familiar with the matter. He created the company on Sept. 30, 2016, Delaware records show.

On the morning of Oct. 17, 2016, he created Essential Consultants, according to state records. Two minutes later, he dissolved Resolution Consultants, the records show. It isn?t clear why he closed Resolution Consultants.

Mr. Cohen said in an email last week that Resolution Consultants conducted no business and had no bank account.