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Fetterman says he’ll work to block ‘absolutely outrageous’ US Steel sale
The Hill ^ | 12/18/2023 | LAUREN SFORZA

Posted on 12/18/2023 1:00:33 PM PST by ChicagoConservative27

Sen. John Fetterman (D-Pa.) vowed Monday to work to block the $14.9 billion sale of U.S. Steel Corp. to Japanese steelmaker Nippon Steel, which he described as an “outrageous” move.

The deal was announced Monday, prompting the stock prices of U.S. Steel to jump up 25 percent. Fetterman criticized the sale, saying in a post on X, the platform formerly known as Twitter, that the move was “wrong for workers and wrong for Pennsylvania.”

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government; Japan; US: Pennsylvania
KEYWORDS: bidenomics; block; clevelandcliffs; coke; fetterman; fetterstein; iron; japan; johnfetterman; nipponsteel; openborders; pennsylvania; pittsburgh; sale; steel; steelmills; stillademocrat; ussteel; ussteelcorp
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To: ChicagoConservative27
Lurch is a DBag of the highest order, he is not to be trusted and should be shunned and removed from office at the first possible moment.

Parading around in the flag of Israel is a stunt of disgusting proportions and it is designed to garner clicks and votes, he will stab the entire nation of Israel in the back as soon as he gets the chance.
41 posted on 12/18/2023 2:30:59 PM PST by The Louiswu (Pray for Peace in the world.)
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To: DIRTYSECRET

He won’t switch parties. But it’s worth noting that political party affiliation means less in Pennsylvania than it does in most states.


42 posted on 12/18/2023 2:36:58 PM PST by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: Revel

The steel mill is not leaving.


43 posted on 12/18/2023 2:40:18 PM PST by Mouton (US Home to one party rule)
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To: Carriage Hill

Probably a lipoma.

You can look up

Removing a Stubborn Lipoma Off Patient’s Neck | Dr. Pimple Popper

on You Tube if you’re not squeamish. :)


44 posted on 12/18/2023 2:41:53 PM PST by MD Expat in PA (No. I am not a doctor nor have I ever played one on TV. The MD in my screen name stands for Maryland)
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To: ChicagoConservative27

The truth is, a rival US company called Cleveland-Cliffs is trying to take over USS. This Nippon bid is probably an attempt by USS to see if they can get a higher bid from Cleveland.


45 posted on 12/18/2023 2:57:36 PM PST by kaktuskid
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To: ChicagoConservative27

UH, OH

Sounds like someone (in this case, a democrat) didn’t get their cut...


46 posted on 12/18/2023 2:59:38 PM PST by farmguy ( )
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To: aMorePerfectUnion

He’s not up for re-election yet. 4 more years.


47 posted on 12/18/2023 3:05:40 PM PST by Flaming Conservative ((Pray without ceasing))
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To: ChicagoConservative27

PA made the right choice.


48 posted on 12/18/2023 3:16:22 PM PST by TwelveOfTwenty (Will whoever keeps asking if this country can get any more insane please stop?)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
Must be the payoff from China finally reached his office.

49 posted on 12/18/2023 3:22:57 PM PST by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: ChicagoConservative27

Real question

Do you want the company and assets to leave the country?

Fetterman is an idiot, but this is not a good thing.

US Steel sent a lot of it’s products to Japan via bombers. Japan may not talk about it, but they have not forgotten.


50 posted on 12/18/2023 3:28:02 PM PST by redgolum (We are not going to make it, are we. )
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To: shadowlands1960

He is probably just running for reelection. Lately he sounds like he does have a brain.


51 posted on 12/18/2023 3:34:05 PM PST by Machavelli (True God)
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To: ChicagoConservative27

Hahahaha. Yea. Us Steel is on the verge of bankruptcy… what utter nonsense

Political ideological dogma can be checked at the door

US Steel is a profitable if smaller enterprise it is not on the verge of collapse. It’s shrunk size does make it a prime acquisition candidate for other players but hardly are they on the verge of closing down


52 posted on 12/18/2023 3:38:27 PM PST by HamiltonJay
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To: ChicagoConservative27

That is surprising for an American politician to want to keep a main industry owned by Americans.


53 posted on 12/18/2023 3:40:47 PM PST by odawg
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To: Machavelli

He isn’t up for election again for over 4 years... 2028.


54 posted on 12/18/2023 3:44:54 PM PST by shadowlands1960 (We live in a world of intolerance masked as tolerance. RUSH LIMBAUGH)
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To: MD Expat in PA

It was a lipoma. My sister, RN-NP, operated on a number of them, at the Kaiser Permanente clinic at UCSF, but I’d forgotten the medical name. Thx.


55 posted on 12/18/2023 3:53:57 PM PST by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: Carriage Hill
It was a fatty, subcutaneous cyst; it was removed surgically.

Interesting? When was that done? Was the cyst removed by a Penna doctor or a DC doctor? How long did he have the cyst before it was removed? Was a biopsy done on the mass? Is there a report that says it was benign? How do you know this information?

56 posted on 12/18/2023 3:58:05 PM PST by eeriegeno (Checks and balances??? What checks and balances?)
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To: ChicagoConservative27

Confounding almost the entire investment community, the Japanese have continued to pour billions of dollars into United States real estate, a new study reported today.

The study also shows that the Japanese are no longer buying strictly top-of-the-line office towers in New York, Los Angeles and San Francisco. Now, they are acquiring properties ranging from combined retail-and-office complexes to industrial warehouses and are venturing to cities where they have not spent heavily before, including Chicago, Atlanta and Boston.

The study, by Kenneth Leventhal & Company, a Los Angeles-based accounting and consulting firm, said Japanese investors spent $8.96 billion on real estate in this country from Jan. 1 to Aug. 31 and will spend $7.04 billion more by year-end. The eight-month figure is a record, as would be the $16 billion total for the year. Predictions Were Way Off.

However, this was a few years ago...

https://www.nytimes.com/1988/10/10/business/japanese-lift-purchases-of-us-property.html


57 posted on 12/18/2023 4:02:24 PM PST by AdmSmith (GCTGATATGTCTATGATTACTCAT)
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To: Flaming Conservative

Not his election - though they could add him as VP…


58 posted on 12/18/2023 4:14:45 PM PST by aMorePerfectUnion (I didn't come here to guide lambs, but to awaken lions 🦅 MAGADONIAN ⚔️)
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To: All

Fetterman has been saying some interesting things lately....

The real test will be what he has to say when CHINA wants to buy it.


59 posted on 12/18/2023 4:36:11 PM PST by LegendHasIt
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To: shadowlands1960

What did President Truman threaten to do to the striking railroad workers?

How did Truman respond to striking workers in 1946?

As a result, on May 24, 1946, Truman issued an ultimatum declaring that the government would operate the railroads and use the army as strikebreakers.

When the deadline passed, Truman went before Congress to seek the power to deny seniority rights to strikers and to draft strikers into the armed forces.


60 posted on 12/18/2023 5:13:49 PM PST by Grampa Dave (https://news.yahoo.com/worlds-most-powerful-militaries-2023-110100781.html)
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