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IschKabibble

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Jan 15, 2015
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$50 billion invested and a commitment of 50,000 American jobs created. Where's WH press secretary now? Is he still keeping tabs of how many jobs Trump needs to create to catch up to Obama?

 

Qat

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Nov 3, 2015
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IschKabibble @IschKabibble
Boeing is your biggest exporter and a huge company, I read his tweet had em lose 1+billion equity. How many US-jobs could that potentially cost down the line?
And seems background was that shortly before the chairman of Boeing criticized him and his positioning against China. America first, eh? He is still a being a child imo, or, he is making sure to bash everything and everyone not licking his asshole without regard, which is equally disturbing in a democracy. And the number was a lie too.

The Japanese dude / Softbank is going to try to invest that money, but not as you think. They want to use it to make the fusion of Sprint and T-Mobile happening, so the money is going to go to.. Germany. ;)
Interestingly, this deal and similar ones were on the table a couple times already, each time stopped by American authorities for cartel law. Does this breathe 50000 new jobs in the US and less strong big companies for you?
 
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IschKabibble @IschKabibble
Boeing is your biggest exporter and a huge company, I read his tweet had em lose 1+billion equity. How many US-jobs could that potentially cost down the line?
Hate to look like I'm defending Trump and I know you weren't addressing me but I read that Boeing recovered most or all of its losses (related to the Trump tweet and subsequent statement) later in the day.
 
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Good. Has any of that shit worked out well for us? Ever?

Nope.
So much butt hurt lately, even to such a great and simple goal.
We will keep winning and winning. And the detractors will keep whining and whining.
 

Qat

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Nov 3, 2015
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Hate to look like I'm defending Trump and I know you weren't addressing me but I read that Boeing recovered most or all of its losses (related to the Trump tweet and subsequent statement) later in the day.
Yeah, but its not as if nothing happened, and it shows how influential such a tweet can be, he tweeted cancel order, is that breaking a contract? Is it broken already? Will it be broken? Interesting in any case.

If I were Boeing or a big stakeholder there, I'd urge a lawsuit anyhow.

Its like Merkel cutting off the nuclear plants abruptly, of course it influences the companies negatively, and of course they sue our government for damages.

But doing something like this by tweet because the chairman has worries for his own company (I think they sell a lot to China), is pretty ridiculous, and you can't even say its a negotiating tactic.
 
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Hate to look like I'm defending Trump and I know you weren't addressing me but I read that Boeing recovered most or all of its losses (related to the Trump tweet and subsequent statement) later in the day.

The current aeronautics approoriations process for the military is wrought with abuse and industry wide price fixing. The current process is no longer an X prize bidding, but rather an across the board refusal to risk any private money, moving to full public risk.
In this process, as is seen with the failure of the F-35 creation, the manufacturer gets a down payment on a vision. Nothing proven, nothing risked. Missed targets and increased funding needs are accepted as sunk opportunity costs are chased father and farther down the timeline. It is too costly and too time consuming to back up and start with proper path.

The airforce one program has ballooned in projected costs of 4 billion while Boeing hides this with a focus on the down payment. That's what they design fee is. The process refused to stop once 150+ million is spent.
The other issue in the background is that as Boeing looks to upgrade add ons for two new 747, the entire line is expected to be ending. You will be in the same position as the space shuttle, creating highly expensive and rare customized parts to maintain mission capability. That's a weakness.
There is currently zero public accountability in this process.

Just like the F-35, here we go again...
 
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member 3289

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The current aeronautics approoriations process for the military is wrought with abuse and industry wide price fixing. The current process is no longer an X prize bidding, but rather an across the board refusal to risk any private money, moving to full public risk.
In this process, as is seen with the failure of the F-35 creation, the manufacturer gets a down payment on a vision. Nothing proven, nothing risked. Missed targets and increased funding needs are accepted as sunk opportunity costs are chased father and farther down the timeline. It is too costly and too time consuming to back up and start with proper path.

The airforce one program has ballooned in projected costs of 4 billion while Boeing hides this with a focus on the down payment. That's what they design fee is. The process refused to stop once 150+ million is spent.
The other issue in the background is that as Boeing looks to upgrade add ons for two new 747, the entire line is expected to be ending. You will be in the same position as the space shuttle, creating highly expensive and rare customized parts to maintain mission capability. That's a weakness.
There is currently zero public accountability in this process.

Just like the F-35, here we go again...
Yeah but fuck those Airbus commies amirite?
 

Qat

QoQ
Nov 3, 2015
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It's a negotiating tactic ;)
So one of the first things your "America first" prez will be doing is breaking a contract with one of your biggest companies and shaking em down / damaging em by using public pressure?

On the other hand he is feeding you up to 50 billion dollars that are going to the Deutsche Telekom for a big fusion in Japanese hands (if it will be allowed at all) as a success. America first! :D
I wouldn't mind that at all - Telekom will have enough fast cash to improve infrastructure in Germany. Do it!
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
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I read his tweet had em lose 1+billion equity. How many US-jobs could that potentially cost down the line?
What are you reading? The stock reacted (by no means did it "tank" as was reported) by dropping a couple bucks. For a $150/share stock, that's hardly an issue. It recovered most of that by the end of the day, then on Tuesday it finished higher than it was when he sent out the tweet. It's in the green today by $0.32/share.

While I agree he should keep some of this stuff off of twitter, this incident had zero impact on intelligent shareholders - let alone $1 billion.

They are using fuzzy math to say his tweet lost them $1 billion, but using the same logic he has EARNED them $160 million today alone at the time of this post.
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
48,335
60,368
In this process, as is seen with the failure of the F-35 creation, the manufacturer gets a down payment on a vision.
Yeah, I was more shocked at the current contract to BA that pays them $170 million to DESIGN the interior of the plane. Fucking insane.
 
D

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will be doing is breaking a contract

You're the only one saying this. Theres no contract. There is a broken appropriations process as I described above. He is showing his willingness to not get stuck in a sunk cost fallacy where you just need a little more, a little more...
 

Qat

QoQ
Nov 3, 2015
16,379
22,495
What are you reading? The stock reacted (by no means did it "tank" as was reported) by dropping a couple bucks. For a $150/share stock, that's hardly an issue. It recovered most of that by the end of the day, then on Tuesday it finished higher than it was when he sent out the tweet. It's in the green today by $0.32/share.

While I agree he should keep some of this stuff off of twitter, this incident had zero impact on intelligent shareholders - let alone $1 billion.

They are using fuzzy math to say his tweet lost them $1 billion, but using the same logic he has EARNED them $160 million today alone at the time of this post.
"Noch bevor die US-Börse am Dienstag eröffnete, brach die Boeing-Aktie aufgrund des Trump-Tweets um fast zwei Dollar ein, ein zeitweiser Marktwertverlust von 1,2 Milliarden Dollar."
That is what I was reading.

So what is the real math on it? And of course the 'logic' behind it is very temporal. The intelligence of shareholders is not of issue here. Impact or not, is.
 

Qat

QoQ
Nov 3, 2015
16,379
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You're the only one saying this. Theres no contract. There is a broken appropriations process as I described above. He is showing his willingness to not get stuck in a sunk cost fallacy where you just need a little more, a little more...
Mike Pence was quoted talking about a contract.

And what you describe is what you wish to have him showing by that. He could show that in a room where they are actually talking to each other - like reputable businessmen.
 
D

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Mike Pence was quoted talking about a contract.

And what you describe is what you wish to have him showing by that. He could show that in a room where they are actually talking to each other - like reputable businessmen.

I'm describing the entire appropriations process that is confirmed by Boeing stating that they've been given a hundred and seventy million dollar design fee.

I'm not sure what else you want from me. I'm not making it up.

There is no contract beyond that unless they choose to continue beyond that way point, spending more and more. That's how this works. No one is disputing that. The choice is whether you continue after that initial money or not.

CANCEL ORDER!