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-   -   Skewering of Leftist Economic "Conventional Wisdom" (http://www.politicalchat.org/showthread.php?t=12192)

finnbow 01-19-2018 12:48 PM

Quote:

Originally Posted by whell (Post 366507)
Yeah, I heard the same thing. I believe he was referring to the on-air portion of CNN/MSNBC's programming, not the web portion.

It was reported all over the MSM. This is just the same old schtick from Limbaugh (and other conservative blowhards), claiming that something that could be perceived as favorable to conservatives does not get reported on the MSM, even when it is widely reported (and is often the actual source for the news they claim that isn't being covered). It succeeds because his listeners don't listen to or read the MSM because they're afraid of being confronted with facts that don't conform to their worldview (i.e., "fake news").

Chicks 01-19-2018 12:49 PM

Apple Inc. announced a series of plans Wednesday that were celebrated as promises to hire thousands of workers and bring home all of its overseas cash.

Well, not necessarily.

https://www.marketwatch.com/story/ap...ash-2018-01-17

finnbow 01-19-2018 12:56 PM

Quote:

Originally Posted by Chicks (Post 366526)
Apple Inc. announced a series of plans Wednesday that were celebrated as promises to hire thousands of workers and bring home all of its overseas cash.

Well, not necessarily.

https://www.marketwatch.com/story/ap...ash-2018-01-17

I think this is yet another example of a corporate CEO's blowing smoke up Trump's ass so that he'll have a favorable impression of them as in the Carrier deal.

CarlV 01-19-2018 01:40 PM

I am thinking Reagnomics double dip recession V.2.
Like this:

The Republican tax cut could not come at a worse time, unnecessarily overheating an aging economic recovery that’s already operating near full employment, said Jim Paulsen, chief investment strategist at Leuthold Weeden Capital Management.

“If it is a stimulative tax cut, it will hasten inflation and prematurely bring a recession,” Paulsen said in a speech Wednesday.

https://www.marketwatch.com/story/ta...sen-2017-12-06

whell 01-23-2018 07:50 AM

Quote:

Originally Posted by finnbow (Post 366527)
I think this is yet another example of a corporate CEO's blowing smoke up Trump's ass so that he'll have a favorable impression of them as in the Carrier deal.

Oh yeah. Apple absolutely decided to invest billions and hire thousands just to please Trump. Shareholders be damned. :rolleyes:

You guys are beyond delusional.

whell 01-23-2018 07:52 AM

Quote:

Originally Posted by CarlV (Post 366529)
I am thinking Reagnomics double dip recession V.2.
Like this:

The Republican tax cut could not come at a worse time, unnecessarily overheating an aging economic recovery that’s already operating near full employment, said Jim Paulsen, chief investment strategist at Leuthold Weeden Capital Management.

“If it is a stimulative tax cut, it will hasten inflation and prematurely bring a recession,” Paulsen said in a speech Wednesday.

https://www.marketwatch.com/story/ta...sen-2017-12-06

https://www.youtube.com/watch?v=JmzuRXLzqKk

finnbow 01-23-2018 09:38 AM

Quote:

Originally Posted by whell (Post 366600)
Oh yeah. Apple absolutely decided to invest billions and hire thousands just to please Trump. Shareholders be damned. :rolleyes:

You guys are beyond delusional.

Of course you're not bright enough to fully understand my comment. Companies are going to do whatever they feel they need to do to maximize shareholder wealth (per their fiduciary responsibility). What they'll also do is blow smoke at Trump to let him think he had something to do with it such that he goes easier on them in future transactions. The Chinese, Russians, Saudis and Filipinos understand this. Don't you think Apple does too?

whell 01-23-2018 10:12 AM

Quote:

Originally Posted by finnbow (Post 366602)
Of course you're not bright enough to fully understand my comment. Companies are going to do whatever they feel they need to do to maximize shareholder wealth (per their fiduciary responsibility). What they'll also do is blow smoke at Trump to let him think he had something to do with it such that he goes easier on them in future transactions. The Chinese, Russians, Saudis and Filipinos understand this. Don't you think Apple does too?

Of course, you're not bright enough to fully realize just how idiotic your comment was in the first place. To suggest that any significant part of Apple's calculation, or any company's calculation, to make investments totaling billions and the hiring of thousands as part of an expansion of their business was based on "pleasing Trump" is sheer lunacy. Hell, Apple's Tim Cook is a Dem. Seems like, at the very least, his MO would be to "resist". :rolleyes:

Tell me, how many companies can you list that spent billions and hired thousands to in order to "blow smoke at Obama"?

Chicks 01-23-2018 10:21 AM

Quote:

Originally Posted by whell (Post 366603)
Tell me, how many companies can you list that spent billions and hired thousands to in order to "blow smoke at Obama"?

Obaba wasn’t a narcissistic little boy, unlike your Dear Leader. There was no need for flattery to curry favor so he didn’t fire off a dreaded tweet. CEOs are well aware of the idiocy and petulance of the current fake POTUS.

whell 01-23-2018 10:25 AM

Quote:

Originally Posted by Chicks (Post 366604)
Obaba wasn’t a narcissistic little boy, unlike your Dear Leader. There was no need for flattery to curry favor so he didn’t fire off a dreaded tweet. CEOs are well aware of the idiocy and petulance of the current fake POTUS.

So, Tim Cook, Apple's board of directors and Apple shareholders are so frightened of tweets that they'll spend billions just to try and avoid them?

Do you even listen to how deluded and idiotic you sound?


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