Democrats vs Corporate America

mukk_in · Nov 12, 2018

Folks, I just watched this piece on CNBC:

Next year will be the Democrats vs. corporate America

Not sure what it all means to us investors (which would be all of us), but sure don't like the sound of this. Any and all inputs are welcome. Thanks and peace in Christ

.

HTacianas · Nov 13, 2018

mukk_in said:
Folks, I just watched this piece on CNBC:

Next year will be the Democrats vs. corporate America

Not sure what it all means to us investors (which would be all of us), but sure don't like the sound of this. Any and all inputs are welcome. Thanks and peace in Christ .

Maxine Waters said last week she was about to take on Wall Street. I think the claim is dubious. She has too much to lose.

Sparagmos · Nov 13, 2018

mukk_in said:
Folks, I just watched this piece on CNBC:

Next year will be the Democrats vs. corporate America

Not sure what it all means to us investors (which would be all of us), but sure don't like the sound of this. Any and all inputs are welcome. Thanks and peace in Christ .

Alright by me!

Tom 1 · Nov 13, 2018

mukk_in said:
Folks, I just watched this piece on CNBC:

Next year will be the Democrats vs. corporate America

Not sure what it all means to us investors (which would be all of us), but sure don't like the sound of this. Any and all inputs are welcome. Thanks and peace in Christ .

I think they have legitimate concerns on a couple of levels. Multi-nationals tend to edge out the smaller businesses in any country, one of the clearer reasons why some people voted for Brexit is that small business of all kinds can’t compete with larger companies who push down prices and standards. A market dominated by MNs isn’t a fair market, it seems that even the traditionally solid small to medium sized businesses in Germany are feeling the squeeze, from what I’ve read here on CF and elsewhere. MNs already exert enough pressure at higher levels, having an administration staffed with current and former execs pushing the interests of their respective industries hardly seems like something that will be in the best interests of the majority, in the long term.

Nithavela · Nov 13, 2018

mukk_in said:
Not sure what it all means to us investors (which would be all of us)[...]

Not everyone is an investor.

mukk_in · Nov 13, 2018

Nithavela said:
Not everyone is an investor.

OK. What I meant was that all of us are connected to the economy in some way, even if not directly. Even homeowners are investors, with their home equity. That was the thinking

.

Nithavela · Nov 13, 2018

mukk_in said:
OK. What I meant was that all of us are connected to the economy in some way, even if not directly. Even homeowners are investors, with their home equity. That was the thinking.

Maybe you could define investor that broadly, but far more people are not investors, but investments via debt.

This Is How Much Debt the Average American Has Now—at Every Age

mukk_in · Nov 13, 2018

I certainly hope that these investigations will be to flesh out better legislation (if at all) and not turn into a vendetta against capitalism. As another brother pointed out, many prominent and wealthy Democrats may be in the cross hairs too. Historically MNC's may have exploited the little guy (although, I have my doubts about it), but I hope that they aren't crucified. A lot of us do business and/or depend on MNC's (ex: Amazon). One consolation is that the Senate is still controlled by the GOP. So subpoenas and hearings not withstanding, I'm not expecting any repeal of the tax code or deregulation.

Nithavela · Nov 13, 2018

mukk_in said:
I certainly hope that these investigations will be to flesh out better legislation (if at all) and not turn into a vendetta against capitalism. As another brother pointed out, many prominent and wealthy Democrats may be in the cross hairs too. Historically MNC's may have exploited the little guy (although, I have my doubts about it), but I hope that they aren't crucified. A lot of us do business and/or depend on MNC's (ex: Amazon). One consolation is that the Senate is still controlled by the GOP. So subpoenas and hearings not withstanding, I'm not expecting any repeal of the tax code or deregulation.

I'm expecting that a few campaign donations will make all this go away quietly.

Tom 1 · Nov 13, 2018

Tom Farebrother said:
I think they have legitimate concerns on a couple of levels. Multi-nationals tend to edge out the smaller businesses in any country, one of the clearer reasons why some people voted for Brexit is that small business of all kinds can’t compete with larger companies who push down prices and standards. A market dominated by MNs isn’t a fair market, it seems that even the traditionally solid small to medium sized businesses in Germany are feeling the squeeze, from what I’ve read here on CF and elsewhere. MNs already exert enough pressure at higher levels, having an administration staffed with current and former execs pushing the interests of their respective industries hardly seems like something that will be in the best interests of the majority, in the long term.

I don’t think it’s so much about manipulation as edging people out, large corporations are beholden to their shareholders, not to whatever country they are operating in. They aim to maximise profits and they’re hardly going to regulate themselves. Their aim is to have as much of the market share as is workable and profitable - that necessarily means that some smaller operations and suppliers will find their profit margins getting thinner and thinner. They need to be regulated by someone, the current US administration seems more geared towards supporting the top percentile.

KCfromNC · Nov 13, 2018

HTacianas said:
Maxine Waters said last week she was about to take on Wall Street. I think the claim is dubious. She has too much to lose.

Trump said the same thing during the campaign. Didn't seem to stop people from saying he was good for business. Hopefully they're consistent in applying that standard.

JohnC2 · Nov 13, 2018

mukk_in said:
Folks, I just watched this piece on CNBC:

Next year will be the Democrats vs. corporate America

Not sure what it all means to us investors (which would be all of us), but sure don't like the sound of this. Any and all inputs are welcome. Thanks and peace in Christ .

Because we saw how Democrats put the hammer down so hard during Obama’s presidency..... And how hard they put Corporate America through the wringer when they held the house and senate at the end of George W Bush’s presidency.... And they completely gutted corporate America during Clinton’s presidency... There was nothing left besides charred ashes...

Oh, wait - none of that stuff happened....

Seriously - where are they getting most of their money? Because it’s not coming from joe six-pack and his $5.00 donation...

bhsmte · Nov 13, 2018

mukk_in said:
Folks, I just watched this piece on CNBC:

Next year will be the Democrats vs. corporate America

Not sure what it all means to us investors (which would be all of us), but sure don't like the sound of this. Any and all inputs are welcome. Thanks and peace in Christ .

LOL.

The dems have cowered to corporate america, as much as the republicans have. They talk a good game, but that is all it is.

Tanj · Nov 13, 2018

mukk_in said:
Folks, I just watched this piece on CNBC:

Next year will be the Democrats vs. corporate America

Not sure what it all means to us investors (which would be all of us), but sure don't like the sound of this. Any and all inputs are welcome. Thanks and peace in Christ .

Well, my input would be that I don't understand the American drive to find stuff to be scared of. Aren't there enough things you have been told to be scared of already without adding more to the mix?

Redac · Nov 13, 2018

The idea that corporate America and the Democratic Party are somehow at odds with one another is laughable.

variant · Nov 13, 2018

Redac said:
The idea that corporate America and the Democratic Party are somehow at odds with one another is laughable.

The hyperbole here is that some in corporate america would define "at odds" to mean "not getting every single thing we want".

Aryeh Jay · Nov 14, 2018

Remember back in 2016 how Hillary and the Democrats were all Wall Street and big business buddies and now Hillary and the Democrats want to destroy Wall Street. It is apparent that Trump’s base doesn’t remember.

iluvatar5150 · Nov 14, 2018

I thought Republicans were now the party of the anti-globalists and the anti-free-traders. Wouldn't that also make them at odds with corporate America?

mukk_in · Nov 14, 2018

CNBC is reporting that Rep. Maxine Waters vowed to roll back easing of banking regulations citing that excessive lending led to the financial crisis in the first place. Was that a shot across the bow heralding something more ominous or just political posturing? Place your bets Gentlemen (your thoughts are welcome)

.

Belk · Nov 14, 2018

mukk_in said:
CNBC is reporting that Rep. Maxine Waters vowed to roll back easing of banking regulations citing that excessive lending led to the financial crisis in the first place. Was that a shot across the bow heralding something more ominous or just political posturing? Place your bets Gentlemen (your thoughts are welcome).

Yes. It is highly ominous. There is nothing more spooky then banking regulations. ^_^

Democrats vs Corporate America

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