PoliGAF 2016 |OT3| You know what they say about big Michigans - big Florida

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Y2Kev said:
Boeing uses it partly to offer advance payment to their small business suppliers. IMO exim is good and sanders is again a crone.
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That's actually pretty damn important for small businesses.
Did not know that.
 
I'll be avoid OT political threads dealing with Bernie and Hillary for a while. I can't take the egos and e-peen stroking lol.
 
Look at Trump's packed rally in NC and compare that shit to the sad showing by Rubio in his home state. Pretty fucking telling.
 
Phanatic8390 said:
Yeah from what I looked up it actually seems to work well and has Bipartisan support. And interestingly enough, bipartisan critics.
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Libertarian types aren't going to be big fans of such a thing.

It's one of the few federal agencies that does what it's supposed to do. I should note that Obama had hit it in 08 himself, but has since fought for it's renewal. It's like the debt ceiling: people hit it for political points.
 
Kasich is such a prick. He said good clap now. He has this anger that seems to be bubbling beneath the surface and he doesn't do a good job of hiding it.
 
tmarg said:
That's my point, he couldn't run after Hillary finishes her terms, so he's not a good pick for vp. There are people who actually argue for him as vp, so I don't know if you are serious or not.

Also, shouldn't people who aren't white males be afraid of Scott Adams?
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The argument there, if one chooses to pursue itz is that he can be replaced as vp for someone else in 2020. Thus the successor prob never arises.


Whaddayamean? They love him!
 
B-Dubs said:
There's gonna be a Rubio kamikaze while Cruz tries to finish the job. Imagine Goku and Piccolo against Raditz, only instead of Raditz it's Freeza fucking with them.
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And this is where DBZ comparisons break down. Power levels are so dumb.



Rubio is Shoot. Cruz is Gon. Kaisich is Meleoron.




Trump is this guy.



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If I was a Republican, I would seriously question their judgement if they are taking advice from the guy Trump turned from this....

120





Into this.




250
 
I'm not going to go on about the EXIM Bank since I'm not well versed in it, but from what I'm reading it seems disproportionately beneficial to larger companies, so it becomes corporate welfare even if it does benefit smaller businesses. In a way it feels antiquated in the age of globalization.
 
Y2Kev said:
What does Boeing have to do with the bailout tho
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I meant auto bailout. Becuase its the hometown industry.

She said bernie is trying to hurt their hometown industry. That attack failed in MI and will fail in WA.

His overall anti free trade message seems to hit stronger. She shouldn't go there.
 
A Human Becoming said:
I'm not going to go on about the EXIM Bank since I'm not well versed in it, but from what I'm reading it seems disproportionately beneficial to larger companies, so it becomes corporate welfare even if it does benefit smaller businesses. In a way it feels antiquated in the age of globalization.
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and larger corporations help employ millions, and its needed because of globalization and increased competition. It probably could use reform in how it hands out money though.
 
aspiegamer said:
Like 80% of the Rubio rally are GOP VIPs, apparently...
Also, the campaign is now so poor that they have to pull their own campaign bus up behind a stage to offer a backdrop.
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Ridiculous. It's called Starbucks Strategy. Why spend money for comfort when you can get work done in much simpler ways? New american century.
 
Alex Seitz-Wald ‏@aseitzwald 27m27 minutes ago
From @perrybaconjr on MI black voters: If Clinton had won 70% in Wayne County, she could have carried the state.
 
A Human Becoming said:
I'm not going to go on about the EXIM Bank since I'm not well versed in it, but from what I'm reading it seems disproportionately beneficial to larger companies, so it becomes corporate welfare even if it does benefit smaller businesses. In a way it feels antiquated in the age of globalization.
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It's designed to offer financing to companies selling internationally, particularly in the emerging markets where interest rates on traditional financing are expensive. As it favors companies that can sell globally, it favors large companies. It also by its nature favors capital goods exporters. So like ge. Boeing. Caterpillar. If there were small business versions of Boeing I think that would be interesting.
 
The more she ends up having to explain policy details on things like the ExIm bank's positives the worse it is for her. Because people are generally dumb and hear the words Import Bank, hear Sanders say Corporate Welfare and don't actually care about the nuance.
 
A bunch of my friends reserved as many Trump rally tickets as they could for when he comes here on Friday, with zero intent to actually show up. I'm sure the organizers will just fill the empty seats with people who do show up...still funny though.
 
shinra-bansho said:
The more she ends up having to explain policy details on things like the ExIm bank's positives the worse it is for her. Because people are generally dumb and hear the words Import Bank, hear Sanders say Corporate Welfare and don't actually care about the nuance.
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I agree. She has to dumb her message for easily digestible soundbites. Dont use the word bank in a positive way. Save the policy speak for boring GE debate with charlie rose.
 
NYCmetsfan said:
and larger corporations help employ millions, and its needed because of globalization and increased competition. It probably could use reform in how it hands out money though.
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It's all about risk right? Is the idea that these companies couldn't get these loans from private banks?
Y2Kev said:
It's designed to offer financing to companies selling internationally, particularly in the emerging markets where interest rates on traditional financing are expensive. As it favors companies that can sell globally, it favors large companies. It also by its nature favors capital goods exporters. So like ge. Boeing. Caterpillar. If there were small business versions of Boeing I think that would be interesting.
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If I'm understanding then, the government provides lower interest rates so companies are willing to sell their products overseas, otherwise they wouldn't bother.

I understand these companies employee people, but I feel uneasy because when politicians talk about creating jobs, now I imagine programs like this being used. Just seems contradictory to what capitalism is suppose to be. Capitalism takes on different forms along the spectrum, I just don't feel great that a strategy to keep people employed is to help companies employee more people by expansion. There are other ways to increase jobs that benefit individuals more directly, like infrastructure.
 
Got an ad for "Marlin Stutsman". He's running in the GOP primary for a house seat. The ad was centered around the Republican Party collapsing and he's just the person to pick up the pieces and stand up to the party.

Lmao trump
 
Trump seems at his best when he's punching down. He'll have to go after Cruz eventually, but he might as well get in some free swings while they are available.
 
gutter_trash said:
Trump better be careful to not pick an establishment friendly Veep

the impeachment knives will move quickly to have Donald removed and replaced with that very establishment friendly Veep
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If they impeach Trump and Oprah simultaneously Paul Ryan becomes President.

Also I last checked poligaf 2000 posts ago. I end up skipping a lot more now that you guys mostly post when I'm sleeping. It's nice. Very productive.
 
I loathe the day that I feel the tiny bit of sympathy for Ted Cruz, but I think that's a possibility after Trump gets done with him.
 
A Human Becoming said:
It's all about risk right? Is the idea that these companies couldn't get these loans from private banks?

If I'm understanding then, the government provides lower interest rates so companies are willing to sell their products overseas, otherwise they wouldn't bother.

I understand these companies employee people, but I feel uneasy because when politicians talk about creating jobs, now I imagine programs like this being used. Just seems contradictory to what capitalism is suppose to be. Capitalism takes on different forms along the spectrum, I just don't feel great that a strategy to keep people employed is to help companies employee more people by expansion. There are other ways to increase jobs that benefit individuals more directly, like infrastructure.
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We were never fully capitalist. 100% capitalism is unsustainable, it needs to be mixed with some socialism. Just like 100% socialism doesn't work or 100% communism won't work. Absolutes of any kind will tend to fall apart over time, you gotta mix it all up.

Also, keep in mind that by making it easier to sell overseas it helps keep those manufacturing jobs here. Otherwise it would make more sense to just open a factory in the place you want to sell to instead of making it here and shipping it out.

ExIm Bank has it's place, but you are right that we should be spending more on infrastructure as well. Just remember that the ExIm is a net profit for the government, so any money we lend to it just comes back to us with interest.
 
Guys but.... where would we be without banks. They finance small, medium and large businesses so they can employ people, and produce things or provide services. They give me credit cards so I can buy stuff (which I pay off at the end of the month, and get the rewards). 5 years ago they allowed me to buy a small condo, which I'm now renting to someone. They helped me purchase my first car 13 years ago. They keep my savings and checking.


The way Bernie talks you would think he wants all bankers executed. Finance fucking moves the WORLD. Yes, unbridled and unrestricted finance can and has lead to disasters. But that doesn't mean you label off the entire thing as evil.

And I don't want my education being paid for by others, but thanks for the thought.
 
A Human Becoming said:
It's all about risk right? Is the idea that these companies couldn't get these loans from private banks?

If I'm understanding then, the government provides lower interest rates so companies are willing to sell their products overseas, otherwise they wouldn't bother.

I understand these companies employee people, but I feel uneasy because when politicians talk about creating jobs, now I imagine programs like this being used. Just seems contradictory to what capitalism is suppose to be. Capitalism takes on different forms along the spectrum, I just don't feel great that a strategy to keep people employed is to help companies employee more people by expansion. There are other ways to increase jobs that benefit individuals more directly, like infrastructure.
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Kinda. The best way to think about what Exim does is to think about a cosigner on a loan. Exim is mostly making loans possible for borrowers in local markets that would pay out the ass for USD. Export credit agencies are hugely popular in Latin America. Boeing doesn't really need the US gubmint to help it out with the capital markets; it has a full standalone capital structure at extremely low interest rates driven by its great investment grade credit profile. However, imagine you were selling to like some company in Brazil or a Korean development bank or something. They would be borrowing at crap rates; Exim takes substantially all (or even all) the risk off the table by guaranteeing the loan.

There's no question it drives the exporter's sales, and the exporter could be forced to take the credit risk themselves or forego the sale if CORPORATE WELFARE wasn't at play.

But practically we are stuck. I've read some interesting game theory papers on this. If you think about it, if we're going head to head with Le France and they're supporting Airbus, if they offer $1 of support more than Exim does, Boeing can't make the bid and will bow out. Airbus could get $1 of support and win! So it's like rational actors have to ante up or else the playing field will be so unlevel that blah blah.

I'm all for helping the little guy. But there's NOOOO REASON in MURKA we can't support our people (not with free college, piss off poors) AND support a program that returns capital to the treasury every year and helps our corporations. I have no idea why everything is so US or THEM in this country. We can do both. We just need to cut the military.

And we also need to cut Marco Rubio.
 
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