Political Roundtable Part XI

[TGW]

So Betsy DeVos is a serious Christian wingnut:

http://thehill.com/blogs/blog-briefing-room/news/308616-trumps-education-nominee-said-she-was-trying-to-advance-gods

Scary that someone like this who has no ability whatsoever to separate church and state is now responsible for our children's education.

[TGW]

In today's "You Can't Make This Up!", President-Elect Dufus tweet causes Boeing stocks to drop:

http://www.thenewcivilrightsmovement.com/davidbadash/trump_tweets_order_to_cancel_new_747_air_force_one_wrongly_states_costs_boeing_stock_drops

[AFM]

Can we all just get on the Trump train already?

Read on Twitter

Read on Twitter

I hated trump 6 months ago, who cares now. CHOO CHOO MUTHAPHUKKAZ!






(Probably BS doe)

[nate33]

In today's "You Can't Make This Up!", President-Elect Dufus tweet causes Boeing stocks to drop:

http://www.thenewcivilrightsmovement.com/davidbadash/trump_tweets_order_to_cancel_new_747_air_force_one_wrongly_states_costs_boeing_stock_drops

Your article is incorrect. The $1.65 billion figure was an original earmark set aside for the cost, it wasn't the total cost.

The contract for the planes was projected at about $3 billion, but costs have been reported to be rising. The Air Force had previously earmarked $1.65 billion for two new jets, but hadn’t detailed costs beyond that. Boeing was the sole builder to bid on the planes, The Wall Street Journal reported.

http://www.foxnews.com/politics/2016/12/06/trump-rips-boeing-for-cost-overruns-on-new-air-force-one-says-cancel-order.htm.html

So when Trump said $4 billion, he was in the right ballpark. It's over $3 billion.

[Induveca]

http://www.cnbc.com/2016/12/06/sprint-t-mobile-gain-after-trump-announces-softbank-will-invest-50-billion-in-us.html?__source=twitter

SoftBank (Japanese megacorp, owns Sprint) agrees to invest 50 billion and create 50k jobs in US with Trump.

How is any of this bad? He's not even in office yet. It was likely a condition of approving a T-Mobile/Sprint merger in the US.

If Obama had done this people would be doing backflips. Real estate and stocks fall and drop based on the slightest movement of the fed, but people are complaining stocks are moving based on federal pushback/negotiation by the Trump admin? They always do!

The guy is obviously excited to take the reigns, and I'm applauding thus far.

[Ruzious]

Thanks for the preachy, overly pedantic post, as usual. The next time someone posts "man, I hate Grunfeld." I'll be sure to remind them, "you don't actually know him, so..."

So stupid.

You are right. My post was pedantic -- really, it was depressed, and that's not a good state to be in when I post. So... apologies. Esp. to you; don't know why I picked you out. Let me off the hook, please. I'd appreciate it.

Geez, now I feel bad...

I'll tell you what, let's meet at comet ping pong for some pizza and child sex to make up.

Pingpong might make for a more appropriate first date.

Then, you can move on to Subway's.

[nate33]

http://www.cnbc.com/2016/12/06/sprint-t-mobile-gain-after-trump-announces-softbank-will-invest-50-billion-in-us.html?__source=twitter

SoftBank (Japanese megacorp, owns Sprint) agrees to invest 50 billion and create 50k jobs in US with Trump.

How is any of this bad? He's not even in office yet. It was likely a condition of approving a T-Mobile/Sprint merger in the US.

If Obama had done this people would be doing backflips. Real estate and stocks fall and drop based on the slightest movement of the fed, but people are complaining stocks are moving based on federal pushback/negotiation by the Trump admin? They always do!

The guy is obviously excited to take the reigns, and I'm applauding thus far.

I doubt that the Softbank deal is as good as it sounds. It is likely that many of those 50,00 jobs are simply going to be jobs bought from existing corporations through mergers. But the trend still seems good. And that's exactly the point Trump is trying to get across. He wants to create the perception that jobs are coming back and there is excitement to invest in the U.S. again, because perception is reality in the business world.

[verbal8]

http://www.cnbc.com/2016/12/06/sprint-t-mobile-gain-after-trump-announces-softbank-will-invest-50-billion-in-us.html?__source=twitter

SoftBank (Japanese megacorp, owns Sprint) agrees to invest 50 billion and create 50k jobs in US with Trump.

How is any of this bad? He's not even in office yet. It was likely a condition of approving a T-Mobile/Sprint merger in the US.

If Obama had done this people would be doing backflips. Real estate and stocks fall and drop based on the slightest movement of the fed, but people are complaining stocks are moving based on federal pushback/negotiation by the Trump admin? They always do!

The guy is obviously excited to take the reigns, and I'm applauding thus far.

I doubt that the Softbank deal is as good as it sounds. It is likely that many of those 50,00 jobs are simply going to be jobs bought from existing corporations through mergers. But the trend still seems good. And that's exactly the point Trump is trying to get across. He wants to create the perception that jobs are coming back and there is excitement to invest in the U.S. again, because perception is reality in the business world.

There definitely is value in promotion/salesmanship. However trump tends to have a history in his business of success when reality has often been financially disastrous.

[Induveca]

http://www.cnbc.com/2016/12/06/sprint-t-mobile-gain-after-trump-announces-softbank-will-invest-50-billion-in-us.html?__source=twitter

SoftBank (Japanese megacorp, owns Sprint) agrees to invest 50 billion and create 50k jobs in US with Trump.

How is any of this bad? He's not even in office yet. It was likely a condition of approving a T-Mobile/Sprint merger in the US.

If Obama had done this people would be doing backflips. Real estate and stocks fall and drop based on the slightest movement of the fed, but people are complaining stocks are moving based on federal pushback/negotiation by the Trump admin? They always do!

The guy is obviously excited to take the reigns, and I'm applauding thus far.

I doubt that the Softbank deal is as good as it sounds. It is likely that many of those 50,00 jobs are simply going to be jobs bought from existing corporations through mergers. But the trend still seems good. And that's exactly the point Trump is trying to get across. He wants to create the perception that jobs are coming back and there is excitement to invest in the U.S. again, because perception is reality in the business world.

There definitely is value in promotion/salesmanship. However trump tends to have a history in his business of success when reality has often been financially disastrous.

Anyone who is/has been a successful entrepreneur, and attempts to expand their portfolio realizes failures are inevitable

You test the waters of a new venture (as a new entity), set a maximum time to turn a profit. If you don't make that date? Dissolve, and reinvest new funds into another idea. You don't want to be the guy 4 years later who keeps telling themselves success is right around the corner, just to remain "positive". Positivity eventually is just another word for denial.

Repeat the process until you find success. If you're not occasionally failing outside your core business, you're stagnant or simply not being creative enough to create new revenue streams for yourself.

Also in any failure, you gain knowledge which helps refine subsequent ideas. You also get new business relationships to leverage, just expands the network.

Anyone expecting to bat anywhere near .600 on new major business ventures isn't a serial entrepreneur. Criticizing a millionaire/billionaire because some of their ideas imploded is actually a compliment. The goal is to make money, not bat 1.000%.

[DCZards]

Anyone who is/has been a successful entrepreneur, and attempts to expand their portfolio realizes failures are inevitable

You test the waters of a new venture (as a new entity), set a maximum time to turn a profit. If you don't make that date? Dissolve, and reinvest new funds into another idea. You don't want to be the guy 4 years later who keeps telling themselves success is right around the corner, just to remain "positive". Positivity eventually is just another word for denial.

Repeat the process until you find success. If you're not occasionally failing outside your core business, you're stagnant or simply not being creative enough to create new revenue streams for yourself.

Also in any failure, you gain knowledge which helps refine subsequent ideas. You also get new business relationships to leverage, just expands the network.

Anyone expecting to bat anywhere near .600 on new major business ventures isn't a serial entrepreneur. Criticizing a millionaire/billionaire because some of their ideas imploded is actually a compliment. The goal is to make money, not bat 1.000%.

Trump may have survived his business failures but a lot of decent, hard-working Americans got screwed along the way. Let's hope he governs with a lot more compassion and unselfishness than he did when running/ruining his companies.

[nate33]

Anyone who is/has been a successful entrepreneur, and attempts to expand their portfolio realizes failures are inevitable

You test the waters of a new venture (as a new entity), set a maximum time to turn a profit. If you don't make that date? Dissolve, and reinvest new funds into another idea. You don't want to be the guy 4 years later who keeps telling themselves success is right around the corner, just to remain "positive". Positivity eventually is just another word for denial.

Repeat the process until you find success. If you're not occasionally failing outside your core business, you're stagnant or simply not being creative enough to create new revenue streams for yourself.

Also in any failure, you gain knowledge which helps refine subsequent ideas. You also get new business relationships to leverage, just expands the network.

Anyone expecting to bat anywhere near .600 on new major business ventures isn't a serial entrepreneur. Criticizing a millionaire/billionaire because some of their ideas imploded is actually a compliment. The goal is to make money, not bat 1.000%.

Trump may have survived his business failures but a lot of decent, hard-working Americans got screwed along the way. Let's hope he governs with a lot more compassion and unselfishness than he did when running/ruining his companies.

You gotta be kidding me.

Trump has employed tens of thousands of people, creating jobs that wouldn't have been there without him. To spin it like a negative thing is simply absurd.

[AFM]

Anyone who is/has been a successful entrepreneur, and attempts to expand their portfolio realizes failures are inevitable

You test the waters of a new venture (as a new entity), set a maximum time to turn a profit. If you don't make that date? Dissolve, and reinvest new funds into another idea. You don't want to be the guy 4 years later who keeps telling themselves success is right around the corner, just to remain "positive". Positivity eventually is just another word for denial.

Repeat the process until you find success. If you're not occasionally failing outside your core business, you're stagnant or simply not being creative enough to create new revenue streams for yourself.

Also in any failure, you gain knowledge which helps refine subsequent ideas. You also get new business relationships to leverage, just expands the network.

Anyone expecting to bat anywhere near .600 on new major business ventures isn't a serial entrepreneur. Criticizing a millionaire/billionaire because some of their ideas imploded is actually a compliment. The goal is to make money, not bat 1.000%.

Trump may have survived his business failures but a lot of decent, hard-working Americans got screwed along the way. Let's hope he governs with a lot more compassion and unselfishness than he did when running/ruining his companies.

You gotta be kidding me.

Trump has employed tens of thousands of people, creating jobs that wouldn't have been there without him. To spin it like a negative thing is simply absurd.

I think DCZ is referring to all ththe sub contractors, waiters, and others he's stiffed after their work was complete. Fair criticism, it's probably the thing I dislike the most about Trump.

[dckingsfan]

Interesting - I think each camp will draw its own conclusions:
http://www.wsj.com/articles/the-economys-hidden-problem-were-out-of-big-ideas-1481042066

[AFM]

Watch on YouTube

"Look, you're miserable" LMAO!!!

[TGW]

Interesting - I think each camp will draw its own conclusions:
http://www.wsj.com/articles/the-economys-hidden-problem-were-out-of-big-ideas-1481042066

you wouldn't mind posting the entire article would you?

[AFM]

Interesting - I think each camp will draw its own conclusions:
http://www.wsj.com/articles/the-economys-hidden-problem-were-out-of-big-ideas-1481042066

you wouldn't mind posting the entire article would you?

Easy trick to get WSJ articles for free:
Copy the article URL and paste it into google
The first search result will be the full article

[AFM]

Going back and watching all of these lmao

Watch on YouTube

[dckingsfan]

Interesting - I think each camp will draw its own conclusions:
http://www.wsj.com/articles/the-economys-hidden-problem-were-out-of-big-ideas-1481042066

you wouldn't mind posting the entire article would you?

Easy trick to get WSJ articles for free:
Copy the article URL and paste it into google
The first search result will be the full article

Yep or paste the title of the article:
The Economy’s Hidden Problem: We’re Out of Big Ideas
And it will be one of the top two...

[DCZards]

Trump may have survived his business failures but a lot of decent, hard-working Americans got screwed along the way. Let's hope he governs with a lot more compassion and unselfishness than he did when running/ruining his companies.

You gotta be kidding me.

Trump has employed tens of thousands of people, creating jobs that wouldn't have been there without him. To spin it like a negative thing is simply absurd.

I think DCZ is referring to all ththe sub contractors, waiters, and others he's stiffed after their work was complete. Fair criticism, it's probably the thing I dislike the most about Trump.

[pineappleheadindc]

I doubt that the Softbank deal is as good as it sounds. It is likely that many of those 50,00 jobs are simply going to be jobs bought from existing corporations through mergers. But the trend still seems good. And that's exactly the point Trump is trying to get across. He wants to create the perception that jobs are coming back and there is excitement to invest in the U.S. again, because perception is reality in the business world.

There definitely is value in promotion/salesmanship. However trump tends to have a history in his business of success when reality has often been financially disastrous.

Anyone who is/has been a successful entrepreneur, and attempts to expand their portfolio realizes failures are inevitable

You test the waters of a new venture (as a new entity), set a maximum time to turn a profit. If you don't make that date? Dissolve, and reinvest new funds into another idea. You don't want to be the guy 4 years later who keeps telling themselves success is right around the corner, just to remain "positive". Positivity eventually is just another word for denial.

Repeat the process until you find success. If you're not occasionally failing outside your core business, you're stagnant or simply not being creative enough to create new revenue streams for yourself.

Also in any failure, you gain knowledge which helps refine subsequent ideas. You also get new business relationships to leverage, just expands the network.

Anyone expecting to bat anywhere near .600 on new major business ventures isn't a serial entrepreneur. Criticizing a millionaire/billionaire because some of their ideas imploded is actually a compliment. The goal is to make money, not bat 1.000%.

I agree with everything you say. Failures are an outgrowth of being aggressive.

A few words: Conservative mass hysteria over Solyndra. (Which wasn't even necessarily a "failure" in the true sense of the word. But was about the Chinese.)

So failure is okay if the President is a Republican. But a dem? No so much.

Got it.