Started By
Message

re: Do you know about the "US International Development Finance Corporation" and The Build Act

Posted on 11/13/18 at 10:16 am to
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 11/13/18 at 10:16 am to
US International Development Finance Corporation is a new government agency

Big problem with this, agreed.

quote:

The $60 billion is not even the worse thing. They are going to going to guarantee any American companies that builds plants in these foreign countries that they will protect them from "political uncertainty."


Still unclear if $60B is taxpayer funds or maximum investment allowed by private companies.

That said, this sounds a lot like what the ACA did for insurance companies, which was pretty soundly argued against on this forum.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/13/18 at 10:18 am to
quote:

Unless you are prepared to expose corruption regardless of party,


You have very twisted thinking.

I vote republican and scream about corruption in government regardless of party. The improper actions of one party does not make corruption by the other party OK with me.

I damn sure am not going to quietly sit by and let someone I voted for do crap I have principled objections too.
This post was edited on 11/13/18 at 10:20 am
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/13/18 at 10:19 am to
quote:

Still unclear if $60B is taxpayer funds


it is the funding authorized for the USIDFC and is clearly taxpayer money.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 11/13/18 at 10:20 am to
quote:

which was pretty soundly argued against on this forum.


Correct

These people have allowed themselves to accept the Progressive justification that the ends justify the means in order to believe Trump is always doing the right thing strategically
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29741 posts
Posted on 11/13/18 at 10:22 am to
quote:

So Trump introduced the bill to Congress, voted on it, then signed it all by himself? He really is streamlining government


Rubio votes for it!!!!!
Posted by narddogg81
Vancouver
Member since Jan 2012
22103 posts
Posted on 11/13/18 at 10:24 am to
quote:

I B Freeman
sorry China's losing the trade war, I B Reeeeeeman. Your masters must be pretty pissed
Posted by Vestigial Morgan
Member since Apr 2016
3048 posts
Posted on 11/13/18 at 10:30 am to
What am i missing? Granted i skimmed through that but the overview i got was. China is using financing to gain footholds and possibly possession of infrastructure in developing / 3rd world (didnt they just give venezuela 60 billion?) and we are trying to create a means to counter that and develop our own inroads?

On a macro scale, how much of an immigration problem would there be if we invested in Guatamala...Honduras etc
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 11/13/18 at 10:37 am to
Trumponomics is neither liberal or conservative. A lot more people will support government intervention because of Trump
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/13/18 at 10:57 am to
quote:

What am i missing?


critical thinking

quote:

. China is using financing to gain footholds and possibly possession of infrastructure in developing / 3rd world (didnt they just give venezuela 60 billion?) and we are trying to create a means to counter that and develop our own inroads?



to what end is that important to the defense of or the prosperity of the American people??

we have failed with interventionism time and time again and I do not like working to pay taxes to see it continue.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/13/18 at 10:59 am to
What is your fascination with Rubio???

I have never been impressed with the guy. Have you?
Posted by WildManGoose
Member since Nov 2005
4607 posts
Posted on 11/13/18 at 11:00 am to
quote:

IBReeeeeman


best one yet
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/13/18 at 11:02 am to
When you start authorizing the government to invest in companies as this bill allows the USIDFC to do the word is not so much socialism.

Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/13/18 at 1:14 pm to
I think I will bump this so the usual down voters can have a second chance to down vote Trump using their money to help companies invest and manufacture in other countries.
Posted by The Maj
Member since Sep 2016
30551 posts
Posted on 11/13/18 at 1:17 pm to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/13/18 at 1:22 pm to
MAGA
Posted by Lg
Hayden, Alabama
Member since Jul 2011
8626 posts
Posted on 11/13/18 at 1:23 pm to
quote:

I have principled objections too.


You have NO principles if you directly do business with China. Which we all know you do.
Posted by The Maj
Member since Sep 2016
30551 posts
Posted on 11/13/18 at 1:24 pm to
quote:

MAGA


Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/13/18 at 1:25 pm to
You do too—everyday but now that Trump has put these tariffs in place it will cost you more.
Posted by Lg
Hayden, Alabama
Member since Jul 2011
8626 posts
Posted on 11/13/18 at 1:32 pm to
quote:

You do too—everyday but now that Trump has put these tariffs in place it will cost you more.


No, I do not. But see, you do. And that's why you are so vehemently against Trumps tariffs. China has you bent over a barrel and you just have to sit there and take it because they are the only producer of your imported product. Or so you say. They are probably just the cheapest. Therefore you are not a principled person.
This post was edited on 11/13/18 at 1:34 pm
Posted by blowmeauburn
Baton Rouge
Member since Sep 2006
8062 posts
Posted on 11/13/18 at 1:32 pm to
Dude. You don’t have to create a new thread for ever Wall Street Journal article that comes out. I can read them just as easily on the website as you can.
first pageprev pagePage 2 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram