Thread: American Politics
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07-10-23 09:59 #12652
Posts: 5450Will you be retiring in Spain then?
Originally Posted by Paulie97 [View Original Post]
The Worlds Most Visited Cities.
June 23, 2023
https://travelness.com/most-visited-cities-in-the-world
Yeah, Paris and London are on the list. After Bangkok. But those are the only cities in France or the United Kingdom on the list. Thailand has three on the list of the top 20, including a mongering resort town too boring for me to even consider living in. All three of them rank higher than the first city in Spain on the list.
Maybe you should do a little more traveling around Thailand and other destinations in Asia before you settle on retiring in that casa in Spain.
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07-10-23 09:22 #12651
Posts: 5450Lest there be any further confusion about this
From the first 2 years after it was signed and passed and now well into the 6th year after it was signed and passed, there is still zero evidence that repatriated profits due to Trump's TCJA have created any more jobs, stimulated any more domestic investment or Research & Development than would have been created without it. It was simply $2. 5 Trillion+ added to the deficit with nothing notable to show for it. Not only did that one time spike in profits serve primarily to purchase stock buybacks and nothing else, the trend of repatriating profits back to the USA was already in an upward trajectory for several years PRIOR to the TCJA, the same as the 7 year downward trend for the Unemployment Rate and the Historic Years' Long Steady Gains in Jobs. Thank you, Obama.
U.S. Corporations' Repatriation of Offshore Profits: Evidence from 2018
https://www.federalreserve.gov/econr...-20190806.html
Investment by the top 15 cash holders also rose in 2018 figure 3, particularly relative to other nonfinancial S&P 500 firms black line. However, the increase in investment was far less notable than the increase in share buybacks. For the top 15 cash holders, the average ratio of investment, capital expenditures plus research and development expenses, to assets rose from 2.3 percent in 2017 to 2.8 percent in 2018, while it remained flat at 1.5 percent for other nonfinancial S&P 500 firms. However, it should be noted that investment by the top 15 cash holders was already on an upward trajectory for several years prior to the TCJA, both in dollar terms, red bars, and relative to other nonfinancial S&P 500 firms, black line. Given this pre-existing upward trend, it is difficult to know how much of the observed increase in investment by the top 15 cash holders might have occurred even in the absence of the repatriation. Moreover, the increase in investment by the top 15 cash holders before the passage of the TCJA is consistent with the notion that, because these are large firms, they are unlikely to have faced notable constraints or costs to accessing capital markets to fund their investment needs. Of course, it may be too early to reach a definitive conclusion, as any additional boost to investment due to the repatriation may take more time to fully materialize.
Now, as you'll see in the Federal Reserve's charts in the above link and in the report below, this colossal Repub waste of time and money with No Jobs Created charade was already tried by the 108th Repub Congress back in 2003 and 2004 with their Homeland Investment Act (HIA) tax holiday for foreign cash holding companies. What happened then? LOL. The same thing that happened with the TCJA; they did NOT create more jobs, increase domestic investment or Research & Development. They bought back their own losing stocks:
Watch What I Do, Not What I Say: The Unintended Consequences of the Homeland Investment Act
https://www.hbs.edu/faculty/Pages/item.aspx?num=37852
ABSTRACT
This paper analyzes the impact of the Homeland Investment Act of 2004, which provided a one-time tax holiday for the repatriation of foreign earnings and thereby reduced the cost to U.S. multinationals of accessing a source of internal capital. Lawmakers and lobbyists justified its passage by arguing that it would alleviate financial constraints. This paper's results indicate that repatriations did not lead to an increase in domestic investment, domestic employment, or R&D, even for the firms that appeared to be financially constrained or lobbied for the holiday. Instead, estimates indicate that a $1 increase in repatriations was associated with a $0.60 to $0.92 increase in payouts to shareholders, despite regulations stating that such expenditures were not a permitted use of repatriations qualifying for the tax holiday. The results indicate that U.S. multinationals were not financially constrained and were reasonably well governed. The fungibility of money appears to have undermined the effectiveness of the regulations.
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07-10-23 06:26 #12650
Posts: 746Originally Posted by Tiny12 [View Original Post]
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07-10-23 01:21 #12649
Posts: 1807Originally Posted by EihTooms [View Original Post]Originally Posted by Xpartan [View Original Post]
"Ultimately, the investigation did not establish that the Campaign coordinated or conspired with the Russian government in its election-interference activities. ".
I am not a Trump fan. I did not vote for him and in fact contributed to the campaigns of two of his opponents. I have defended his policies here that I agreed with.
You haven't persuaded me. I still believe that the Democratic politician's attempts to paint Trump as conspiring or colluding with the Russians in the 2016 election are as lame as Republican's attempts to paint Joe Biden as a recipient of bribes and as a participant in extortion.
You might be excused because the left-of-center media has misled you about Trump and the Russians, as set out brilliantly by Jeff Gerth in a four part series for the Columbia Journalism Review.
https://www.cjr.org/special_report/t...ent-part-1.php
But the truth is that the Democratic Party is your religion, and you won't allow your interpretation of what's happening in the world around you to conflict with Party dogma.
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07-10-23 01:17 #12648
Posts: 5450Trump employs mob boss code in order to maintain the I'm Too Stupid defence.
Originally Posted by Xpartan [View Original Post]
That included his extraordinarily tight connection and collusion with Russia:
https://www.theguardian.com/us-news/...ie-to-congress
Trump and his Team only dodged direct accusations of some levels of collusion because, without a written or recorded trail of a "conspiracy" to collude with Russia, it is impossible to prove they were NOT too stupid to understand the meaning of collusion and commit that transgression.
Of course, Team Trump's consciousness of guilt about their collusion is really difficult to miss in light of their astonishing number of meetings with Russians and their almost universal attempt to keep them secret until they were cornered and could no longer do so:
https://abcnews.go.com/Politics/clos...ry?id=50397154
Sure, any pro Repub / Trump noodnik can accept that Trump Crime Family chestnut about them being too stupid to know what they were doing as long as they are happy to collude with them to propose such obvious bullshit as well.
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07-09-23 22:23 #12647
Posts: 1680Haha
Originally Posted by SubCmdr [View Original Post]
Originally Posted by SubCmdr [View Original Post]
Originally Posted by SubCmdr [View Original Post]
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07-09-23 21:19 #12646
Posts: 2579Originally Posted by SubCmdr [View Original Post]
https://fortune.com/2023/07/03/what-...ing-countries/
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07-09-23 08:16 #12645
Posts: 1982This is not really my think but I keep a open mind
Originally Posted by EihTooms [View Original Post]
Originally Posted by EihTooms [View Original Post]
Originally Posted by EihTooms [View Original Post]
Originally Posted by Tiny12 [View Original Post]
Originally Posted by Tiny12 [View Original Post]
https://www.cnbc.com/2022/06/17/1-in...tizenship.html#text=Although%20 there%20 was%20 a%20 sharp, amid%20 the%20 Covid%2 D19%20 pandemic.
I can run you through many examples where you can make money and be a US Citizen and pay no taxes. Although you are correct. You must file the paperwork. And it can get complicated and expensive. Donald Trump does not pay taxes.
Originally Posted by Tiny12 [View Original Post]
Originally Posted by Tiny12 [View Original Post]
Originally Posted by Tiny12 [View Original Post]
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07-09-23 07:56 #12644
Posts: 1982Originally Posted by Paulie97 [View Original Post]
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07-08-23 21:37 #12643
Posts: 5450Was Trump Too Stupid To Know Russia Was Colluding With Him?
It is possible Trump was too stupid to know Russia was cooperating with him in his request. But does it really matter if he knew they were cooperating with him in his request or not?
https://www.merriam-webster.com/dictionary/collusion
collusion
noun
collusion kə-ˈl-zhən
Synonyms of collusion
: secret agreement or cooperation especially for an illegal or deceitful purpose
acting in collusion with the enemy.
Trump asked Russians to get Clinton emails. They immediately started trying.
https://www.cnn.com/2018/07/13/polit...ng-/index.html
Yeah, I know. Trump later claimed he was only joking. And anyone who actually believes that or is pretending to believe that is colluding / cooperating with Trump to con the rest of us too even if they are too stupid to know it. It can go either way.
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07-08-23 20:47 #12642
Posts: 5450That was the result of their confusion about the meaning of certain words
Originally Posted by Tiny12 [View Original Post]
The same will be true about the difference between an ADP Private Sector Jobs Report and a BLS Employment / Unemployment Report just as soon as you look that up.
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07-08-23 20:22 #12641
Posts: 1956What should I choose?
Originally Posted by Tiny12 [View Original Post]
Originally Posted by Tiny12 [View Original Post]
2. My recollection also includes Trump calling Jr. From the Air Force 1 and coaching him to lie about the topic of the meeting (adaption of Russian children). Not a sign either?
Originally Posted by Tiny12 [View Original Post]
Originally Posted by Tiny12 [View Original Post]
Originally Posted by Tiny12 [View Original Post]
Originally Posted by Tiny12 [View Original Post]
Originally Posted by Tiny12 [View Original Post]
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07-08-23 16:13 #12640
Posts: 1807Originally Posted by EihTooms [View Original Post]
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07-08-23 08:40 #12639
Posts: 5450Originally Posted by Tiny12 [View Original Post]
Oh, and another tid bit that you might add to your observations about this; We choose to collude with the side that will be beneficial to OUR agenda and goals and not the side known to oppose them.
The same as Russia did for Trump.
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07-08-23 08:16 #12638
Posts: 5450Yes. PLEASE.
Originally Posted by Tiny12 [View Original Post]
These 11 Mueller Report Myths Just Wont Die. Heres Why Theyre Wrong.
https://time.com/5610317/mueller-rep...ths-breakdown/
Myth: Mueller found no collusion.
Response: Mueller spent almost 200 pages describing numerous links between the Russian government and the Trump Campaign. He found that a Russian entity carried out a social media campaign that favored presidential candidate Donald J. Trump and disparaged presidential candidate Hillary Clinton. He also found that a Russian intelligence service conducted computer-intrusion operations against the Clinton campaign and then released stolen documents.
While Mueller was unable to establish a conspiracy between members of the Trump campaign and the Russians involved in this activity, he made it clear that a statement that the investigation did not establish particular facts does not mean there was no evidence of those facts. In fact, Mueller also wrote that the investigation established that the Russian government perceived it would benefit from a Trump presidency and worked to secure that outcome, and that the Campaign expected it would benefit electorally from information stolen and released through Russian efforts."
To repeat my earlier point about this; there was TONS of evidence that Russia was colluding with Team Trump to help Trump win even if Team Trump was too stupid to notice it happening all around them.