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HuskerNBigD

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Posts posted by HuskerNBigD

  1. On 1/29/2019 at 12:10 PM, Clifford Franklin said:

    This could just as easily have gone in the racism thread.

     

    This is a very explicit example that yes, in fact, MAGA has a more complex meaning to people than just words on a hat.

     

     

     

    On 1/30/2019 at 7:14 PM, BigRedBuster said:

     

     

    Something about this story doesn't quite pass the sniff test. 

    • Plus1 1
  2. 2 hours ago, Clifford Franklin said:

     

    I highly recommend the Netflix series "Dirty Money," especially he episode about the payday lending industry. It's a sick, exploitative, crooked way to rob working people who run into trouble blind.

    And, magically, the owner of that company believed he was the victim and being targeted. There is something to be said about making money, but there is also something to be said about doing it in a manner that is ethic and contributes to society rather than a complete 180.

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  3. On 1/30/2019 at 8:28 AM, StPaulHusker said:

    "Earlier this month, Foxconn, a major supplier to Apple, reiterated its intention to create 13,000 jobs in Wisconsin, but said it had slowed its pace of hiring. The company initially said it expected to employ about 5,200 people by the end of 2020; a company source said that figure now looks likely to be closer to 1,000 workers."

     

    "Heavily criticized in some quarters, the Foxconn project was championed by former Wisconsin Governor Scott Walker, a Republican who helped secure around $4 billion in tax breaks and other incentives before leaving office. Critics of the deal, including a number of Democrats, called it a corporate giveaway that would never result in the promised manufacturing jobs and posed serious environmental risks."

     

     

     

     

     

     

     

    JOBS JOBS JOBBED!

    https://www.ft.com/content/8efd3db4-2661-11e9-b329-c7e6ceb5ffdf

     

    And now they say the deal is back on? Clearly they haven't made up their mind. Would be curious to dig around and see how much they received up front.

  4. 43 minutes ago, deedsker said:

    I just read your post and had de javu from last year’s record January.

     

    Sorry to talk about trump if you don’t care.

    No, you’re absolutely right. There are similarities, although this month was even stronger than Jan ‘18.  I wasn’t trying to say that Trump’s plans are working well. I just wanted to change some of the doom and gloom from the sell off in December.

     

    Granted, some of that sell off was a result of investor looking to lock in loses. 

  5. 2 minutes ago, RedDenver said:

    But how dumb was it to give Foxconn a $4 billion tax break? The company predictably didn't meet the promises it had made when securing the tax break.

     

    A lesson for Virginia and New York on the Amazon 2nd HQ? (I mean, there's no such thing as a 2nd HQ, let alone two separate 2nd HQ's, so they should already be pretty suspicious of Amazon's claims.)

    To your first point, I 100% agree. It is risky to bank on promises from corporations for a multitude of reasons including: a) they're not super trustworthy and b) the market changes quickly and the infrastructure build out takes some time. We've seen Apple pull back on estimates given slowdown in iPhone sales - probably because people aren't super excited about shelling out $1000 for a phone - which funnels all the way down the supply chain. There are a couple names that we closely follow that are semi-conductors that have been absolutely crushed this year. It is part of the cycle.

     

    And yes, Amazons claims seem to be a bit nefarious. There were a lot of back door real estate deals going on in Long Island. Some people made serious bank and the corporation will flourish on the back of tax breaks while locals will be priced out of housing.

    • Plus1 2
  6. 2 minutes ago, RedDenver said:

    You're missing what I'm implying - that we could have not had tax cuts and instead funded the state pensions and have the same amount of deficit.

    Ok! I see what you're trying to get at, but I still don't think that works given the fact you're comparing a state liability to a federal liability. Now, if the tax cut only impacted state taxes, you could make the argument. However, the impact of the 2018 cuts was at the federal level.

     

    A majority of states either saw their taxes not impacted, don't have state taxes to begin with, or saw a slight tick upward.

  7. 8 minutes ago, StPaulHusker said:

    "Earlier this month, Foxconn, a major supplier to Apple, reiterated its intention to create 13,000 jobs in Wisconsin, but said it had slowed its pace of hiring. The company initially said it expected to employ about 5,200 people by the end of 2020; a company source said that figure now looks likely to be closer to 1,000 workers."

     

    "Heavily criticized in some quarters, the Foxconn project was championed by former Wisconsin Governor Scott Walker, a Republican who helped secure around $4 billion in tax breaks and other incentives before leaving office. Critics of the deal, including a number of Democrats, called it a corporate giveaway that would never result in the promised manufacturing jobs and posed serious environmental risks."

     

     

     

     

     

     

     

    JOBS JOBS JOBBED!

    To be fair, we are continuing to see a strong number on the jobs front. January once again beat expectations.

     

    https://www.ft.com/content/a172c47e-248f-11e9-8ce6-5db4543da632

  8. 23 hours ago, RedDenver said:

    The states have a $1.4 trillion shortfall, and the tax cuts caused a $1.4 trillion deficit. Hmmm...

    This could be considered misinformation. Did I use the term correctly?

     

    The tax cut was at the federal level and its impact at the state level was minimal. In fact, in some states the ruling actually cause some taxpayers to pay greater state income tax than in years past. So the $1.4T shortfall of state pension funds was is hardly correlated to the 2018 tax cut. 

     

    https://www.nytimes.com/2018/05/12/business/economy/state-tax.html

  9. 21 hours ago, RedSavage said:

    I'm not sure of the current state of GM's pension but they, along with many others, have turned their pension plans over to Prudential for them to manage them.  So I imagine they're in much better shape now than they were in 2009.  That's what most large pension plans have done, and that's what OPS should have done a long time ago.

    Yup. Posting articles from nearly ten years ago doesn’t really paint the current picture. Then again, neither does picking an article that discusses one of the most debt-laden cities in the country. 

     

    But you’re absolutely right. A lot of pension plans have offloaded their risk to money managers who are running Liability Driven Investment (LDI) strategies. 

  10. 2 hours ago, Guy Chamberlin said:

     

    They might also point out that the globe is round, and on the other side of the Earth, Australia is currently facing a deadly and unprecedented heatwave. 

    I did not know that was the case. Yikes.

  11. 53 minutes ago, GSG said:

     

     

    :facepalm:

    Five year olds are able to construct better arguments than this buffoon. They can also comprehend that global warming leads to more severe and extreme weather patterns, not just warmer weather. 

    • Plus1 1
  12. 29 minutes ago, knapplc said:

     

    It's weird. The tape of Bo bitching at the fans didn't come out for years, but rumors about something like it were out there for months before it became public. 

     

    That doesn't mean this is untrue or true. It just means that proof may exist but not be public, sometimes for a while.

    To add to this, even though the Bo recording was only seven years ago, I feel that apps such as snapchat and instagram are much more common place today and it would be hard for extremely rare for someone not to capture that. I also think it's a lot easier to grab a quick snap of someone at a bar passed out rather than recording the intimate post-game rant. With the latter, I feel like Bo would be able to determine quickly what it meant when someone was pulling out their phone. Still, the balls on the guy/gal that snagged the original recording.

  13. 36 minutes ago, Hedley Lamarr said:

    The "old guard" are the ones that pay for the facilities etc. I also dont think if you run the NU athletic Department that you have any business getting plastered in public. 

    I agree that they have the big $$ right now.

     

    But playing a bit of devil’s advocate -  the athletic department could catch itself in a tough situation if the new wave of successful donors feel disenfranchised by the department with its constant catering of older alum. Couple that with lackluster on field performance for the last 20 years and you run the risk of less meaningful donations moving forward. I’d don’t envy individuals that have to cater to various needs, but I do think long term vision is a critical factor when considering who to bend the knee for.  

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