Why did Jews and Asians vote so heavily for Obama? | Page 4 | TigerDroppings.com

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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
300948 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

dont tell any republicans that

what does this even mean?






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Archie Bengal Bunker
Florida State Fan
Member since Jun 2008
15511 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

i think it's a lot more than that, and, perfect example of what i'm talking about


Yea, it's usually reported as close to 100B, but that includes a huge chunk of long term securities. Current balance sheet on yahoo says 10B in cash 57B in current assets.

http://finance.yahoo.com/q/bs?s=AAPL+Balance+Sheet&annual

Article from the beginning of the year.

http://money.cnn.com/2012/01/25/technology/thebuzz/index.htm

quote:

Apple's iMountain of money has nearly doubled since the end of fiscal 2010.

Now one reason Apple is still hanging onto cash is because it doesn't want to pay a sizeable chunk of taxes to Uncle Sam if it used that money on something productive or shareholder friendly. Oppenheimer said Tuesday that $64 billion of its cash was offshore. It is "trapped" if you will.




Cuts might spurn a dot-com or housing bubble boom, but I know that taking money up front will end up in the government's hands.


http://www.businessinsider.com/hoarders-these-tech-companies-sitting-on-massive-cash-piles-look-pretty-smart-2011-8?op=1


And this isn't just long term savings. More hoarders:

1. Apple: $76.2 billion. [has increased more than 66% in the last year.]
2. Microsoft: $52.8 billion [Up 43% since last year]
3. Cisco: $43.4 billion [up 11%]
4. Google: $35.0 billion [up 17%]
5. Oracle: $28.8 billion [up 55%]
6. Dell: $14.4 billion [up 30%]
7: Hewlett-Packard, $12.7 billion [down 10%]
8. IBM: $11.8 billion [down 3%]






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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
300948 posts

re: Why did Jews and Asians vote so heavily for Obama?


with the regulatory and tax environment present right now, i don't know why you'd be rushing in to invest in 'Murka





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loogaroo
LSU Fan
between Hayes and Bell City
Member since Dec 2005
1364 posts

re: Why did Jews and Asians vote so heavily for Obama?




I swear to gawd...they must not teach ECON anymore.

GDP up = more revenue

its that simple






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Archie Bengal Bunker
Florida State Fan
Member since Jun 2008
15511 posts

re: Why did Jews and Asians vote so heavily for Obama?


Last thing on this hoarding topic, but here is another good article about corporate hoarding.

http://www.theatlantic.com/business/archive/2012/07/the-5-trillion-stash-us-corporations-money-hoard-is-bigger-than-the-gdp-of-germany/260006/

quote:

The $5 Trillion Stash: U.S. Corporations' Money Hoard Is Bigger Than the GDP of Germany

As Michael Mandel of the Progressive Policy Institute has written, lagging business investment is one of the chief problems slowing down our recovery. Companies are letting money sit idle, accruing minimal interest, rather than spending it on new equipment or offices -- and that's not even touching research and development or new employees.

...

In the meantime, companies are going to keep stuffing cash into their mattresses until the economy calms down.







http://taxfoundation.org/blog/why-are-businesses-hoarding-cash-and-not-hiring

quote:

Sales are up, consumption spending has fully recovered, and profits are at an all-time high. So why are businesses hoarding cash, both from retained earnings and borrowing, and holding back on hiring? The answer seems to be uncertainty, about a lot of things but particularly Europe's debt crisis, the looming U.S. debt crisis, and the ensuing possibility of another freeze out in the credit markets.



These problems aren't going away in the next 4 years: "Europe's debt crisis, the looming U.S. debt crisis, and the ensuing possibility of another freeze out in the credit markets."






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Archie Bengal Bunker
Florida State Fan
Member since Jun 2008
15511 posts

re: Why did Jews and Asians vote so heavily for Obama?


Yes, businesses aren't acting because of uncertainty. You know what is certain? Raising rates will raise receipts. Only hope is to not raise it so much as to cripple the economy. But that is why I believe the raises will target top earners. Romney said it himself, that the people at the top are doing just fine right now. I tend to believe Mitt. Further, I'd bet those people will continue to invest because A] they like to grow their wealth and have the means, B] they will have to make up those tax loses.

quote:

In all, federal taxes would increase by about $423 billion next year, according to figures from the nonpartisan Congressional Budget Office and the Joint Committee on Taxation, the official scorekeepers for Congress.

Combined with federal spending cuts scheduled to take effect next year, the combination of tax increases and spending cuts would probably send the U.S. economy back into recession, according to a recent CBO study.

...

In dollars, next year's tax hikes would be the biggest. But the size of the economy is 80 times bigger than it was in the 1940s, which is why economists usually measure taxes and government spending as a share of the U.S. economy.



http://www.businessinsider.com/ap-fact-check-republicans-are-exaggerating-the-heck-out-of-taxmageddon-2012-6



Lot of debate on who benefits from the Bush cuts, but according to this, the middle only benefited 2.8%:

quote:

The average tax cut that people making over $1 million received exceeded $110,000 in each of the last nine years — for a total of more than $1 million over this period.

The tax cuts made the tax system less progressive. In each of the nine years from 2004 through 2012, the tax cuts increased the after-tax income of the highest-income taxpayers by a far larger percentage than they did for middle- and low-income taxpayers. For example, in 2010, the year in which all of the Bush income and estate tax cuts were fully phased in, they increased the after-tax income of people making over $1 million by more than 7.3 percent, but increased the after-tax income of the middle 20 percent of households by just 2.8 percent.


http://www.cbpp.org/cms/index.cfm?fa=view&id=3811



This post was edited on 11/12 at 9:06 pm


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boxcar willie
LSU Fan
kenner
Member since Mar 2011
5473 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

more money in the economy will allow more trade and efficient use of that capital, which grows GDP


more spending puts more money in the economy the same way the cutting taxes puts more money in the economy. The economy tends to do better whether you increase spending or cut taxes do to you are artificially pumping up the economy by running a deficit. It's not the cutting taxes part specifically that is pumping up the economy, it is that you are running a deficit. When have taxes ever been cut when we didn't run a deficit and it pumped up the economy?






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Tigah in the ATL
LSU Fan
Atlanta
Member since Feb 2005
25237 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

it can easily be argued that those demos refuse to attempt to connect with the GOP
do you really think it's everyone else's fault?

This one is just a slow hanging curveball.

Shooting fish in a barrel.






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Tigah in the ATL
LSU Fan
Atlanta
Member since Feb 2005
25237 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

It's pretty much every group except white men that vote for the Dems. There's nothing specific to these groups. Heck the "Other" category on race voted for the Dems at about a 75% clip.

Nearly every group votes Democratic except white men. The party targeting one specific racial group is the GOP, which is why they have such a demographic problem. White men are increasingly a smaller portion of the electorate (and really, they win old white men).

The problem is not that the Dems target Asians, or Jews, or whatever. It's that the GOP targets old white men, and no one else is buying the rhetoric. It's the Dems who have a broad-based coalition.

how is this not obvious to everyone?






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tdt
Member since Nov 2012
477 posts

re: Why did Jews and Asians vote so heavily for Obama?


A lot of those "hoarders" aren't really hoarding. They have incredibly aggressive acquisition strategies that they require a lot of cash on hand for. In fact huge portions of growth from larger IT companies comes from basically buying into new markets.

Some of them are straight up hoarders though.

Like apple needs to pick a new industry segment to buy into for the love of god.






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trackfan
LSU Fan
Baton Rouge
Member since Sep 2010
18619 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:


Neither see themselves as Americans first? To all my black brothers and sisters what do you say to this slander?

What can I say? Many still don't accept Obama as an American citizen.






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Scoop
LSU Fan
Ecuador
Member since Sep 2005
28401 posts

re: Why did Jews and Asians vote so heavily for Obama?


4 pages.

Not one plausible explanation.







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Jahel
Member since Nov 2011
5576 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

4 pages.

Not one plausible explanation.


I gave you two, pick one






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wm72
New York/Roma
Member since Mar 2010
4559 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

4 pages.


Not one explanation most republicans want to hear.






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Tigah in the ATL
LSU Fan
Atlanta
Member since Feb 2005
25237 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

Not one plausible explanation.
this thread is money






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tdt
Member since Nov 2012
477 posts

re: Why did Jews and Asians vote so heavily for Obama?


In addition to all of the things already mentioned here, both of these cultures tend to put an incredible amount of emphasis on education.

I'll let you guess the political inclinations of the students graduating from all of those top schools in cali and the northeast.

Hint: not republican






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Cholo
LSU Fan
National City, CA
Member since Oct 2012
1076 posts

re: Why did Jews and Asians vote so heavily for Obama?


Because Romney sucks ass





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trackfan
LSU Fan
Baton Rouge
Member since Sep 2010
18619 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

4 pages.

Not one plausible explanation.







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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
300948 posts

re: Why did Jews and Asians vote so heavily for Obama?


quote:

do you really think it's everyone else's fault?

i'm not a GOP or DEM fan. it's really hard for me to believe that a group separated by just race would vote 90% for anybody






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JEAUXBLEAUX
LSU Fan
Bayonne, NJ
Member since May 2006
46279 posts

re: Why did Jews and Asians vote so heavily for Obama?


The right wingers are seen by jewish people as on the wrong side if social freedoms. Too much talk by them of jesus this or that. Makes us nervous





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