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You're talking to a guy that can't even maintain an equivalent critique of the GOP. Lord forbid you say anything about the right because it's the left's fault for everything lol. I don't think I've ever seen Rico complain about one thing republicans have donePerspective my ***
I haven't seen you mention anything about China's hacking during the election period until now. How much Putin paying you under the table with these deflections? Is it just because the Senate finally got Obama to approve the review after 2 months means we should blame Obama for not doing it until now? Your attacks on Obama aren't holding much weight now.
WordYou're talking to a guy that can't even maintain an equivalent critique of the GOP. Lord forbid you say anything about the right because it's the left's fault for everything lol. I don't think I've ever seen Rico complain about one thing republicans have donePerspective my ***
I haven't seen you mention anything about China's hacking during the election period until now. How much Putin paying you under the table with these deflections? Is it just because the Senate finally got Obama to approve the review after 2 months means we should blame Obama for not doing it until now? Your attacks on Obama aren't holding much weight now.
Perspective my ***
I haven't seen you mention anything about China's hacking during the election period until now. How much Putin paying you under the table with these deflections? Is it just because the Senate finally got Obama to approve the review after 2 months means we should blame Obama for not doing it until now? Your attacks on Obama aren't holding much weight now.
Rico's list gimmick is lifted heavily from Chris Jericho, but I still mess with it
Makes me laugh for real
You're talking to a guy that can't even maintain an equivalent critique of the GOP. Lord forbid you say anything about the right because it's the left's fault for everything lol. I don't think I've ever seen Rico complain about one thing republicans have done
is it just a coincidence that Tom Brady and Bill Billichick are on the side of Trump, who is collaborating with the Russians, who are accused of mass cheating on the Olympics, to cheat us out of a fair election?
Hey @ninjahood, you recall your independent buddy slandering the GOP or nah this year?Perspective my ***
I haven't seen you mention anything about China's hacking during the election period until now. How much Putin paying you under the table with these deflections? Is it just because the Senate finally got Obama to approve the review after 2 months means we should blame Obama for not doing it until now? Your attacks on Obama aren't holding much weight now.
We have been hacked NUMBEROUS times by foreign countries. And Obama has done nothing. But now all of a sudden since Trump made him eat crow he's going to get to the bottom of things. It's ridiculous and fake.
Rico's list gimmick is lifted heavily from Chris Jericho, but I still mess with it
Makes me laugh for real
Not a gimmick at all. Just a reminder to the people on it that I remember the lies and nonsense they try to get away with and I'll be waiting for the inevitable slip up.
You're talking to a guy that can't even maintain an equivalent critique of the GOP. Lord forbid you say anything about the right because it's the left's fault for everything lol. I don't think I've ever seen Rico complain about one thing republicans have done
I've criticized the GOP many times on here. As an Independent that has voted for both Republicans and Democrats I hold no allegiance to either side.
rico x hood You said a few pages ago that the Carrier deal was a good deal. I think the CEO (Greg Hayes) agrees, but for different reasons.
In a wide-ranging interview with CNBC's "Mad Money with Jim Cramer" that aired Monday, Hayes set out the comparative advantages of moving to jobs to Mexico, the motivation behind his decision to keep those jobs in Indiana, and the ultimate outcome of the deal: There will be fewer manufacturing jobs in Indiana.
Before we get to that
First, Hayes was asked what's so good about Mexico. Quite a lot, it turns out. From the transcript (emphasis added):
JIM CRAMER: What's good about Mexico? What's good about going there? And obviously what's good about staying here?
GREG HAYES: So what's good about Mexico? We have a very talented workforce in Mexico. Wages are obviously significantly lower. About 80% lower on average. But absenteeism runs about 1%. Turnover runs about 2%. Very, very dedicated workforce.
JIM CRAMER: Versus America?
GREG HAYES: Much higher.
JIM CRAMER: Much higher.
GREG HAYES: Much higher. And I think that's just part of these — the jobs, again, are not jobs on assembly line that people really find all that attractive over the long term. Now I've got some very long service employees who do a wonderful job for us. And we like the fact that they're dedicated to UTC, but I would tell you the key here, Jim, is not to be trained for the job today. Our focus is how do you train people for the jobs of tomorrow?
So Mexico has cheaper labor with a much more dedicated workforce, and these are the kinds of low-skilled jobs most people don't find that attractive. Elsewhere in the interview, he made clear that United Technologies intended to keep engineering jobs in the US and that these higher-skilled jobs were not at risk of being moved overseas.
"The assembly lines in Indiana — I mean, great people," Hayes said. "Great, great people. But the skill set to do those jobs is very different than what it takes to assemble a jet engine."
Hayes was then asked why he decided to cancel the move to Mexico. From the transcript (emphasis added):
GREG HAYES: So, there was a cost as we thought about keeping the Indiana plant open. At the same time, and I'll tell you this because you and I, we know each other, but I was born at night but not last night. I also know that about 10% of our revenue comes from the US government. And I know that a better regulatory environment, a lower tax rate can eventually help UTC of the long run.
But here's the kicker
The result of keeping the plant in Indiana open is a $16 million investment to drive down the cost of production, so as to reduce the cost gap with operating in Mexico.
What does that mean? Automation. What does that mean? Fewer jobs, Hayes acknowledged.
From the transcript (emphasis added):
GREG HAYES: Right. Well, and again, if you think about what we talked about last week, we're going to make a $16 million investment in that factory in Indianapolis to automate to drive the cost down so that we can continue to be competitive. Now is it as cheap as moving to Mexico with lower cost of labor? No. But we will make that plant competitive just because we'll make the capital investments there.
JIM CRAMER: Right.
GREG HAYES: But what that ultimately means is there will be fewer jobs.
http://finance.yahoo.com/news/ceo-united-technologies-just-let-231538059.html
So the state of Indiana will be missing out on $7 million to keep the jobs here temporarily, instead of negotiating for retraining dollars and other assistance packages to invest in the workforce that will be cut.
In addition, Carrier gets to invest $16 million in outfitting their factories with robots.
Let's not even account for the incoming tax rate reductions that will deplete the coffers of state and federal treasuries and force them to cut services for people displaced by either foreign labor or automation (aka CHEAPER labor).
Like I said, let's just put a "For Sale" sign in the hand of the Statue of Liberty.
^LMAO this CEO is a genius
Trump...not so much
^LMAO this CEO is a genius
Trump...not so much
So a CEO pretty much ***** on US workers. And you call him a genius because in your eyes it makes Trump look bad. This will be duly noted.
I can put money these comments will be walked back. And at the end of the day THE JOBS ARE STILL HERE. It's the holiday season. Families will have money for travel, gifts, food, bills. Etc
You're looking at a goddamn tree and missing the forest because you want Trump to look bad. Disgusting.
^LMAO this CEO is a genius
Trump...not so much
So a CEO pretty much ***** on US workers. And you call him a genius because in your eyes it makes Trump look bad. This will be duly noted.
I can put money these comments will be walked back. And at the end of the day THE JOBS ARE STILL HERE. It's the holiday season. Families will have money for travel, gifts, food, bills. Etc
You're looking at a goddamn tree and missing the forest because you want Trump to look bad. Disgusting.
And you completely ignore that this type of crony capitalism is unsustainable because of economic forces, just to pass judgment on liberals. Disgusting
A lot of ironies in what Rico just posted too^LMAO this CEO is a genius
Trump...not so much
So a CEO pretty much ***** on US workers. And you call him a genius because in your eyes it makes Trump look bad. This will be duly noted.
I can put money these comments will be walked back. And at the end of the day THE JOBS ARE STILL HERE. It's the holiday season. Families will have money for travel, gifts, food, bills. Etc
You're looking at a goddamn tree and missing the forest because you want Trump to look bad. Disgusting.
And you completely ignore that this type of crony capitalism is unsustainable because of economic forces, just to pass judgment on liberals. Disgusting
Majority of the American blue collar workers that just got axed for Carrier won't be having a happy Christmas. The remaining ones probably are going to search for a job right now before they get replaced by robots in the next coming years.
Perhaps Rico has been blowing the Trump tree too much
Trump may be a 4D chess master at PR, but for someone aspiring to be a "blue collar champion", he's playing checkers with these chessmaster CEOs
A lot of ironies in what Rico just posted too
Majority of the American blue collar workers that just got axed for Carrier won't be having a happy Christmas. The remaining ones probably are going to search for a job right now before they get replaced by robots in the next coming years.
Perhaps Rico has been blowing the Trump tree too much
Trump may be a 4D chess master at PR, but for someone aspiring to be a "blue collar champion", he's playing checkers with these chessmaster CEOs
I'm talking specifically about the one's who were able to keep their job. You trying to **** on the deal even though American workers were actually saved.
What's with the threats towards NTers and telling them they better not say or do something racist? I don't understand. Is this supposed to be something difficult to do? Is making racist comments and putting on blackface supposed to be normal?
It's to hold people accountable for possible hypocrisy in the future based on past statements.
Eddiegambino believes CEOs that **** on American workers are geniuses.
AEA, AZ, and Mamba have never said or done anything racist. These are the facts as they want to tell us.
How much mental gymnastics have you been doing lately?
Do you realize that the "political win" that Trump announced a week ago wasn't even factual according to recent reports?
That all that was really saved was mostly white collar jobs that were gonna stay anyway even without the deal?
So spare me the cape Rico, Trump lied that he saved blue collar jobs when the CEO revealed that he really didn't.
What article did you read? The white collar engineering jobs were NEVER going to leave. It's stated in the interview.
GREG HAYES: Much higher. And I think that's just part of these — the jobs, again, are not jobs on assembly line that people really find all that attractive over the long term. Now I've got some very long service employees who do a wonderful job for us. And we like the fact that they're dedicated to UTC, but I would tell you the key here, Jim, is not to be trained for the job today. Our focus is how do you train people for the jobs of tomorrow?
So Mexico has cheaper labor with a much more dedicated workforce, and these are the kinds of low-skilled jobs most people don't find that attractive. Elsewhere in the interview, he made clear that United Technologies intended to keep engineering jobs in the US and that these higher-skilled jobs were not at risk of being moved overseas.
"The assembly lines in Indiana — I mean, great people," Hayes said. "Great, great people. But the skill set to do those jobs is very different than what it takes to assemble a jet engine."
Hayes was then asked why he decided to cancel the move to Mexico. From the transcript (emphasis added):
GREG HAYES: So, there was a cost as we thought about keeping the Indiana plant open. At the same time, and I'll tell you this because you and I, we know each other, but I was born at night but not last night. I also know that about 10% of our revenue comes from the US government. And I know that a better regulatory environment, a lower tax rate can eventually help UTC of the long run.
The result of keeping the plant in Indiana open is a $16 million investment to drive down the cost of production, so as to reduce the cost gap with operating in Mexico.
What does that mean? Automation. What does that mean? Fewer jobs, Hayes acknowledged.
From the transcript (emphasis added):
GREG HAYES: Right. Well, and again, if you think about what we talked about last week, we're going to make a $16 million investment in that factory in Indianapolis to automate to drive the cost down so that we can continue to be competitive. Now is it as cheap as moving to Mexico with lower cost of labor? No. But we will make that plant competitive just because we'll make the capital investments there.
JIM CRAMER: Right.
GREG HAYES: But what that ultimately means is there will be fewer jobs.
No matter how you can spin a Trump political win.....he lied to the public that he saved jobs
He practically put a small band aid on a deep wound and threw taxpayers' money at it.
Not to mention the band aid can get ripped off at any moment which the CEO tipped off very soon
So yes, I did read the article and I see a lot of Carrier workers getting screwed still and Trump was using them as part of his PR instead of really caring for their long term security
@Reuters: Exxon CEO is now Trump's secretary of state favorite -transition official http://reut.rs/2hgUxTI
Trump team just attacked the CIA now for their reportBigot Backers right now:
The senate and Obama decided to make the report publicily known. We didn't know until it was announced by those two today.Do you guys really think the CIA would make anything they do or find public. I think this whole thing is fixed there is something going on that they dont want us to know about...a distraction