• Welcome to OGBoards 10.0, keep in mind that we will be making LOTS of changes to smooth out the experience here and make it as close as possible functionally to the old software, but feel free to drop suggestions or requests in the Tech Support subforum!

Roughly 3 weeks into Trump as PEOTUS...

Jack Ma, the founder of Alibaba, on how things went wrong for America:
At the same time, the US spent a lot of money on foreign conflicts. "In the past 30 years, America had 13 wars spending $2 trillion ... no matter how good your strategy is you're supposed to spend money on your own people," Ma said. "The money goes to Wall Street. Then what happened? Year 2008 wiped out $19.2 trillion in US income ... What if the money was spent on the Midwest of the United States?"

"The other countries steal jobs from you guys — that is your strategy. You did not distribute the money in the proper way."
http://www.businessinsider.com/alibaba-jack-ma-davos-america-history-globalization-2017-1
 
If you care about the deficit you work to correct social security and Medicare, any cuts you propose also must include defense spending not increase it, why do you need it if you aren't getting into pointless wars, and finally you need to raise taxes or at a minimum not lower them. If you don't do those things your complaint about the deficit is just for show, partisan and completely empty.
 
3i18xkj3jnay.png
 
BobStackFan4Life said:
Jack Ma, the founder of Alibaba, on how things went wrong for America:
At the same time, the US spent a lot of money on foreign conflicts. "In the past 30 years, America had 13 wars spending $2 trillion ... no matter how good your strategy is you're supposed to spend money on your own people," Ma said. "The money goes to Wall Street. Then what happened? Year 2008 wiped out $19.2 trillion in US income ... What if the money was spent on the Midwest of the United States?"

"The other countries steal jobs from you guys — that is your strategy. You did not distribute the money in the proper way."
http://www.businessinsider.com/alibaba-jack-ma-davos-america-history-globalization-2017-1
Click to expand...

So he's in favor of wealth redistribution?
 
BobStackFan4Life said:
Jack Ma, the founder of Alibaba, on how things went wrong for America:
At the same time, the US spent a lot of money on foreign conflicts. "In the past 30 years, America had 13 wars spending $2 trillion ... no matter how good your strategy is you're supposed to spend money on your own people," Ma said. "The money goes to Wall Street. Then what happened? Year 2008 wiped out $19.2 trillion in US income ... What if the money was spent on the Midwest of the United States?"

"The other countries steal jobs from you guys — that is your strategy. You did not distribute the money in the proper way."
http://www.businessinsider.com/alibaba-jack-ma-davos-america-history-globalization-2017-1
Click to expand...

I am confused. Wasn't Obama accused of being a communist because he basically used piles of Federal Government money to acquire tons of stock in GM and Chrysler thus saving them from Bankruptcy and a complete collapse of the US auto industry?
 
TownieDeac said:
already has. regardless of whether or not you think that, i'm not sure how you can square these two statements:

The rise of charter schools will inevitably lead to the rise of for profit charter schools where the only interest is in profit and not in education, and that is scary.

I am for the charter movement
Click to expand...

Maybe I don't understand the difference between a charter school and a private school. There are tons of private schools in Baltimore, and they are the best schools in the state. I've seen the good a well run private school can do, so I guess I am for a well run charter school movement ideally but realize greed will never allow that to happen.
 
bernbp5 said:
Maybe I don't understand the difference between a charter school and a private school. There are tons of private schools in Baltimore, and they are the best schools in the state. I've seen the good a well run private school can do, so I guess I am for a well run charter school movement ideally but realize greed will never allow that to happen.
Click to expand...

Private schools can choose their own students. That model is not effective for educating all students.
 
birdman said:
I am confused. Wasn't Obama accused of being a communist because he basically used piles of Federal Government money to acquire tons of stock in GM and Chrysler thus saving them from Bankruptcy and a complete collapse of the US auto industry?
Click to expand...

Just a socialist, not a communist. IIRC, I believe the auto pre-packaged bankruptcy planning started under W. Obama and W saw eye to eye on the financial and auto bailouts.
 
cville deac said:
Just a socialist, not a communist. IIRC, I believe the auto pre-packaged bankruptcy planning started under W. Obama and W saw eye to eye on the financial and auto bailouts.
Click to expand...

So, Jack Ma's question about "what if the money was spent on the Mid-West?" has been answered. The Feds spent a few hundred billion dollars saving the Auto industry in the upper mid-west, and 8 years later the people who live there were so pissed that they elected an erratic, orange buffoon to the presidency.
 
birdman said:
I am confused. Wasn't Obama accused of being a communist because he basically used piles of Federal Government money to acquire tons of stock in GM and Chrysler thus saving them from Bankruptcy and a complete collapse of the US auto industry?
Click to expand...

It's one hell of a commie, that makes billions in profits and save a million private sector jobs.
 
You must log in or register to reply here.
Back
Top