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Old 01-04-2017, 03:06 PM   #51
Barry-xlovecam
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Word's Out!

They're Hiring at the Swamp!

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Old 01-04-2017, 03:34 PM   #52
Rochard
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Originally Posted by Bladewire View Post
The writing is on the wall with wall street attorney Jay Clayton as DT's pics for the head of the SEC The guy who DEFENDED big banks during our last recession will be head of the SEC

Trump Taps Wall Street Lawyer Jay Clayton To Head SEC
This is just insane. Let's put the people who caused the biggest recession in our lifetime in charge of the economy. WTF?

Even better is the woman in charge of education. LOL. She's never so much as attended a private school.
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Old 01-04-2017, 03:58 PM   #53
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This is just insane. Let's put the people who caused the biggest recession in our lifetime in charge of the economy. WTF?

Even better is the woman in charge of education. LOL. She's never so much as attended a private school.
Yeah the religious nut in favor of taking money away from public schools and funneling it to Christian "charter" schools and private schools
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Old 01-04-2017, 04:44 PM   #54
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This is just insane. Let's put the people who caused the biggest recession in our lifetime in charge of the economy. WTF?
You mean the housing market collapse that was caused by the Republican Congress and Senate in the 1990's passing laws that led to the housing market falling to pieces in late 2008 and almost bringing down the banks?

Is that what you mean Rochard? Because that's what happened.

I just looked at the guy's job record in that article. Looks like he advised his employers AFTER the disaster had occurred and he advised Goldman Sachs on how to proceed AFTER they had received their TARP bailout money.

And this looks to be his main qualification:
"Much of Clayton's work has to do with mergers, acquisitions and initial public offerings, and he was involved with Alibaba's record-breaking public debut, the sale of the Atlanta Hawks NBA team and the British Airways merger with Iberia."

In other words, he is very familiar with how the SEC works since he has been working in the stock market on the legal end of it.

Sounds to me like a very capable person for the job. Who did you want? Bernie Sanders?

Seriously man...you are so full of doom and gloom. Meanwhile the business community is feeling hopeful and optimistic.

Good times are coming economically my friend. Even though you seem to not want them to.
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Old 01-04-2017, 08:08 PM   #55
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At this moment all German car producers have almost completely built a new city near Mexico City. BMW, Mercedes and a lot of international Expats working there. So i think those problems are over with QC. Very good for Mexico that investments in Mexico.
The reason is Mexico has non-tariff agreements with 40 plus countries. This allows all products made in Mexico to be sold in 40 markets with no tariff and it allows Mexico to bring in Parts with no triff from countries 40 countries. Car companies a $1,500 per unit savings just on Parts alone. However the cheaper labor costs are offset by the lack of Transportation Network we have in United States. The real profits coming from the lack of tariffs
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Old 01-05-2017, 01:33 AM   #56
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I find it interesting that this is said by a news/opinion website that the Trump's son in law is publishing. Inside info leaked to the public domain? Harbinger of the future?

Euro-Area Economy Ended Year With Fastest Growth Since 2011|Bloomberg.com

Reagan was took office in 1981, albeit inheriting a weak economy, the 1981-1983 recession was very deep. Reaganomics and Regan's nationalist policies had mixed results. Reagan's foreign policy positions did not make America many friends in the world. Like Trump; Regan was a turncoat polititian -- a Republican of convenience or a 'born again' Republican depending on your point-of-view. Regan is 'god-like' to a lot of people especially those who are too young to remember what America was like during the bleeding of the jobless during the 1981-1983 recession.

I think if there is a Trump recession I am hoping it will be a brief and shallow one. I expect a Wall Street slaughter and I am looking forward to buying distressed assets. This is the historical pattern I have seen -- sheer the sheep and buy them out on the cheap
EU GDP will nose dive soon. The next Bank crash and slump are inevitable. Trump will get the blame by the media. Even if he's dead.

Decent jobs will continue to flow out of the West so we can buy those goods back in, at a slightly lower price. The lost jobs will be replaced by low wage jobs, until automation takes that job.

The growth in the economy will be enjoyed by a small minority, most will continue to get poorer.
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Old 01-05-2017, 01:40 AM   #57
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Seriously man...you are so full of doom and gloom. Meanwhile the business community is feeling hopeful and optimistic.

Good times are coming economically my friend. Even though you seem to not want them to.
Of course the "business community" is optimistic. Bosses are earning in 3-5 days what the average worker earns in a year. So any good times from the economy, won't be something people at our level enjoy.
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Old 01-05-2017, 01:40 AM   #58
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The reason is Mexico has non-tariff agreements with 40 plus countries. This allows all products made in Mexico to be sold in 40 markets with no tariff and it allows Mexico to bring in Parts with no triff from countries 40 countries. Car companies a $1,500 per unit savings just on Parts alone. However the cheaper labor costs are offset by the lack of Transportation Network we have in United States. The real profits coming from the lack of tariffs
The real profits come from no tariffs for countries big business want to move production to.

What's the point of the EU when they can't stop the export of people lives?
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