Posted on 03/07/2016 11:34:56 AM PST by ManHunter
DONALD J. TRUMP ENDORSED BY TWO GREAT BUSINESSMEN BANKERS, TOM BARRACK AND ANDY BEAL
(New York, NY) February 29th, 2016 – Today Donald J. Trump was endorsed by Thomas J. Barrack Jr., Executive Chairman of Colony Capital, and Andy Beal, the most successful and wealthiest investor in the country and the founder of Beal Bank, one of the most profitable banks in America, located in Dallas, Texas. Mr. Trump has received tremendous support from the business community where he is highly regarded for his negotiating, deal-making and unprecedented success in a variety of industries.
Think an awful lot of yourself dontcha.
Great!!
If,and that is a big if , he will be talked out of it.
Cruz will do nothing for America.
Good jet engine? I was a jet engine designer and take offense at that, lol. The CF6-80C2 engine was bought by the Japanese and it was a very big deal back then, as well as propelling Air Force One around the sky today. Jack had little to do with the jet engine business, Brian Rowe ran the division. I remember the Brits introducing an engine in competition with one we were in a joint venture with them. The response he gave them was epic. I also remember our F-16 engine drawings were given to our competitors (Pratt) as a second manufacturer for our engine. WTF. Yes, we called him Neutron Jack even back then and knew what he was about. Now their practically wanting to give the tech away to the Fin Indians.
http://www.freerepublic.com/focus/news/3371587/posts?page=1
“As a Cruz fan I find this to be a negative endorsement. GE has been on the front lines of Crony Capitalism for some time now and that was largely under Welch’s leadership.”
Most of GE’s crony capitalism started under Immelt, not Welch.
I keep seeing innuendos like this. Have you read this?
On November 12, 2015, Ted Cruz said the Trans-Pacific Partnership Trans-Pacific Partnership (TPP) trade deal should not be voted on during a lame-duck session. “No conservative would want a bunch of members who have just been defeated or [are] retiring passing big government liberal policies with Obama in office. TPP needs to be voted on when members are accountable,” Cuz said.[19]
On June 24, 2015, by a vote of 60-38, the Senate approved trade promotion authority (TPA) as part of HR 2146 - Defending Public Safety Employees’ Retirement Act. Cruz was one of five Republicans to vote against the bill. [20]
On June 23, 2015, Cruz published an op-ed in Breitbart explaining why he no longer supported trade promotion authority (TPA). After stating he still believed in free trade, Cruz expressed concern that the version of TPA being offered in Congress was the product of “backroom deal-making” and a potential catalyst “for sweeping changes in our laws that trade agreements typically do not include” like immigration reform and the extension of the Export-Import Bank. Cruz stated, “Enough is enough. I cannot vote for TPA unless McConnell and Boehner both commit publicly to allow the Ex-Im Bank to expire—and stay expired. And, Congress must also pass the Cruz-Sessions amendments to TPA to ensure that no trade agreement can try to back-door changes to our immigration laws. Otherwise, I will have no choice but to vote no.”[21]
On May 22, 2015, the Senate passed HR 1314, which was used as a legislative vehicle for trade legislation with the titles “Trade Act of 2015” and the “Bipartisan Congressional Trade Priorities and Accountability Act of 2015,” by a vote of 62-37. The bill proposed giving the president trade promotion authority (TPA). The bill also included a statement of trade priorities and provisions for trade adjustment assistance. Cruz voted with 47 other Republican senators to approve the bill.[22][23]
In an April 21, 2015, op-ed in The Wall Street Journal, Cruz and Rep. Paul Ryan (R-Wis.) urged Congress to pass Trade promotion authority (TPA), which they argued would hold the president accountable in future trade agreements, including the Trans-Pacific Partnership (TPP) trade deal. They wrote, “Under TPA, Congress lays out three basic requirements for the administration. First, it must pursue nearly 150 specific negotiating objectives, like beefing up protections for U.S. intellectual property or eliminating kickbacks for government-owned firms. Second, the administration must consult regularly with Congress and meet high transparency standards. And third, before anything becomes law, Congress gets the final say. The Constitution vests all legislative power in Congress. So TPA makes it clear that Congress—and only Congress—can change U.S. law. If the administration meets all the requirements, Congress will give the agreement an up-or-down vote. But if the administration fails, Congress can hit the brakes, cancel the vote and stop the agreement. Trade-promotion authority will hold the administration accountable both to Congress and to the American people. Under TPA, any member of Congress will be able to read the negotiating text. Any member will be able to get a briefing from the U.S. trade representative’s office on the status of the negotiations—at any time. Any member will get to be a part of negotiating rounds. And most important, TPA will require the administration to post the full text of the agreement at least 60 days before completing the deal, so the American people can read it themselves. ...By establishing TPA, Congress will send a signal to the world. America’s trading partners will know that the U.S. is trustworthy and then put their best offers on the table. America’s rivals will know that the U.S. is serious and won’t abandon the field. And the American people will know this trade agreement is a good, fair deal—because they’ll have the information they need to decide for themselves. Promoting American trade will create more opportunity in the country, and so we strongly urge our colleagues in Congress to vote for trade-promotion authority.”[24]
https://ballotpedia.org/2016_presidential_candidates_on_the_Trans-Pacific_Partnership_trade_deal
I’m a Trump Supporter and a Jack Welch fan. This is a nice endorsement for Ted.
“Long ago as CEO of GE, Jack Welch earned the nickname “Neutron Jack”. He destroyed all the employees, but left the buildings untouched.”
That’s true. Before Welch GE was known as Generous Electric by its employees, however that wasnt sustainable due to costs. Welch eliminated a lot of unnecessary employees and made the company much more efficient, and profitable.
You ask: “I’ll bet!!! Guess who loves shipping jobs over seas...”
Donald?
He got asked about it and his other ‘off shore’ businesses - he flustered but couldn’t deny it - but it’s okay for him becasue, as he said - it saves him money - and he had the nerve to go up and chastise that company that was getting ready to leave the county and has vowed to make Apple manufacture in the USA... .
Not to mention, Trump has as many hotel abroad as at home. And he staffs them with foreign workers - and he supplies the hotels - including here - with materials, appliances, etc - made overseas -
OK - go ahead and defend him - and you.
He AND his sycophants are the epitome of “HYPOCRITE.” ( noun
1.
a person who pretends to have virtues, moral or religious beliefs, principles, etc., that he or she does not actually possess, especially a person whose actions belie stated beliefs.)
“Welch was also known for routinely purging GE of its bottom 10% of employees.”
I remember that. Fortunately it didnt last very long. Under Welch GE was a very demanding place to work. If you sucked at your job you were gone. The attitude was “let the bad employees work for our competitors. That makes sense for govt as well as the private sector.
“Cruz is paid for — isn’t he?”
If you mean like Rubio is paid for in a sense he is beholden to McConnell, McCain and Graham, then no.
“Mr. Government Contracts? This guy is the poster child for corporate welfare.”
Govt contracts does not equal corporate welfare. Someone has to make jet engines, turbines, etc. As long as the items are necessary and the bidding fair its not welfare.
“I worked there. I knew what was going on at the project level. When you sell $100 million dollars worth of product for $200 million it covers a lot of errors. One of those errors was giving up a business that made beau coup profits for GE until a VP couldn’t decide on how to do proj. mgt.”
Mngt stupidity is expensive. I personally know an environmental manager whose idiotic decision cost the company over a billion dollars.
A lot of that stuff never leaks out to the public.
“Mngt stupidity is expensive”
You know that’s it in a nutshell. Managers trying to grow their regime, tossing buzzwords at the troops like Synergy and a host of others instead of concentrating on the task at hand. You know it’s never these types who lose their jobs, It’s always the competent workers it seems get shafted. With Government contracts, you not only have these types but also Civilian (federal workers) who want to tie your hands behind your back while you accomplish your task. Their always there to get credit though, lol. Is it any wonder why things cost so much. I saw a Marine once swim with his hands tied behind his back, opened my eyes to individual achievement.
Sorry to hear that.
I know, someone has to make the $50,000 toilet seats and the $10,000 hammers
Might as well be GE
“I know, someone has to make the $50,000 toilet seats and the $10,000 hammers. Might as well be GE”
Or the govt should make their own hammers and toilet seats.
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