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Alibaba job boom: Jack Ma chats with Trump about creating 1 million US jobs over 5 years
CNBC ^ | 01/09/2017 | Anita Balakrishnan

Posted on 01/09/2017 8:23:22 AM PST by fision

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TOPICS: Breaking News; Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: alibaba; china; donaldtrump; jackma; jobs; ma; morewinning; trump; trumpjobs
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To: NorthMountain

The first congress that contained many of the people who wrote the constitution passed a number of bills to help people, Indians, Disaster Relief, etc.

Probably the General Welfare clause.


81 posted on 01/09/2017 2:58:51 PM PST by DannyTN
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To: DannyTN

If it’s not in Article 1, or in one of the Amendments, the Congress has no business doing it.


82 posted on 01/09/2017 3:06:11 PM PST by NorthMountain (Northmountain)
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To: unixfox

Exactly. Most of the stuff sold on Amazon was purchased from Alibaba for a fraction of the cost. I go straight to Alibaba and save tons. When there is an American alternative, I will pay $$ for it. Until then liberal Bezos can kiss my patootie.


83 posted on 01/09/2017 3:13:38 PM PST by publana (Great reset button you got there, Hills.)
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To: NorthMountain

Just file suit against all the other social nets they have made. Let me know how it works out for you.


84 posted on 01/09/2017 3:16:10 PM PST by DannyTN
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To: DannyTN
Let me know how it works out for you.

I'll get thrown out for "lack of standing", as you should well know. Fedzilla has stacked the courts in its favor.

85 posted on 01/09/2017 3:17:58 PM PST by NorthMountain (Northmountain)
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To: DannyTN

BTW, I notice that you haven’t actually said I’m wrong. You’ve just pointed out how Fedzilla gets away with petty tyranny.


86 posted on 01/09/2017 3:19:44 PM PST by NorthMountain (Northmountain)
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To: fision

Amazon only has 260,000. Alibaba is going to be four times that size within 5 years? Really?


87 posted on 01/09/2017 3:20:28 PM PST by DoodleDawg
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To: SamAdams76

Sounds to me like Trump’s going for a little revenge on ol’Jeff.


88 posted on 01/09/2017 5:02:10 PM PST by Farmer Dean (168 grains of instant conflict resolution)
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To: Ciexyz

“why would you want to make US consumers pay more in postage on orders from overseas?”

Why would you want me to pay for your postage? How nice of of you! Where I come from, people who want free stuff at the expense of others are called thieves.


89 posted on 01/09/2017 5:08:04 PM PST by Born to Conserve
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To: DoodleDawg

The “million” jobs are supposed to come from US businesses increasing their sales because of using Alibaba to sell their products. Alibaba isn’t a retailer with its own warehouses like Amazon, it is sort of an ebay for businesses where they can trade in commercial quantities and have buyer protection and that sort of stuff.


90 posted on 01/09/2017 6:56:40 PM PST by fluorescence
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To: NorthMountain

Last I checked according to the constitution, SCOTUS was the final arbiter or how the constitution should be interpreted, not you.

The first congress that included many of the people who helped write the constitution passed legislation helping indians and providing disaster relief.

And SCOTUS has approved social programs in the past. In 1937, SCOTUS ruled against challenges to Social Security. Granted Roosevelt with the backing of Congress was threatening to pack the court with new positions to get his way. But still. That’s now court precedent. Good luck getting it overturned now.

So I get what you are saying, but I’d vote for an amendment to let the Feds provide some safety nets, if SCOTUS hadn’t already determined they could. I rhink safety nets allow for more risk taking and are ultimately good for our economy and nation. And I think we are going to need them if mass labor dislocations occur.

Your argument is a waste of breath because it’s settled law, SCOTUS has ruled, and you don’t have the support to overturn it.


91 posted on 01/09/2017 7:22:26 PM PST by DannyTN
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To: fluorescence

No you are wrong. Alibaba is not like ebay in any sort of way or form. It is an online marketplace for small business to sell their products and wares. To possess a site on alibaba you must have a physical address, and a government selling license. You also must offer a third party bond to prevent fraud if you try to deceive a paying customer.

Unlike ebay that you have to prove that you have been defrauded, the business risks loss of the business and their freedom by imprisonment.

For the longest time, alibaba was a source of “fake” goods. These goods, by about 60% of the sites were actual goods, made at the same factories by the original goods, but sold on alibaba by the factory workers for extra money. Additionally, the sites would sell products designated for non-American markets at much cheaper prices. Viagra, for instance. $15 in the USA. ) $0.0005 to make. Sold in Iran for $0.50 each.

Obama labeled alibaba as a source of only fake and poor quality goods. Then worked with Google to and the media to blacklist it so as not to compete against American industries such as Gucci, Louis Vitton, and Apple.

Trump believes in an open marketplace and thinks that if you provide opportunities, the hard working Americans will prevail. Just don’t tie our hands behind our backs. Get rid of regulations, and let us buy what we want from where we want, America will prosper.

I see many on FR jumping to the same POLITICAL solutions; banning access, tariffs, taxes, more regulation. But these are the old way of doing things. I believe that Trump is sincere in his wanting to make America great again, and he will be able to do it, if we allow him to act as a businessman conducting business in favor of Americans...

Not in favor of the big national globalist companies...but in the bedrock of the small business american people.

The fact is, by teaming up with Alibaba, Trump will permit small business owners in the USA to sell globally with little regulation, and to access the cheapest costs where ever they may be. IF you think that Americans can’t survive like this and need regulations, tariffs, and laws to restrain the business field in their favor, then you are just a Progressive on FR trying to confuse the issues....


92 posted on 01/10/2017 12:22:15 AM PST by vannrox (The Preamble to the Bill of Rights - without it, our Bill of Rights is meaningless!)
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To: DoodleDawg
You know who Alibaba is? China's answer to Amazon which markets Chinese-manufactured products. Why give them any assistance?

And do you know how much of Amazon is made in China? I would guess 60-80% of their website is. Also, as Alibaba starts moving into the US some (one million jobs isn't bad), that starts to open their company up to sales in the opposite direction - small US companies selling directly to consumers in China. Amazon doesn't have a chance with that market since it's a foreign company, but Alibaba is a Chinese company, and will have a much easier time with the Chinese government in getting that to work. Finally, here's a pretty detailed informative link about how the manufacturing has moved out of the US and is difficult to bring back:

http://www.forbes.com/sites/stevedenning/2011/08/17/why-amazon-cant-make-a-kindle-in-the-usa/#396b7e5e5ba2
93 posted on 01/10/2017 8:20:53 AM PST by Svartalfiar
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To: fision

Communist Owned Alibaba....investing in Chinese Military and Technology since day one.


94 posted on 01/10/2017 9:30:48 PM PST by TomasUSMC (FIGHT LIKE WW2, WIN LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM.)
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To: ConsCA; RegulatorCountry

It's a nice photo-op for Jack Ma and Trump but announced 1 million new jobs is entirely speculative and unrealistic since there is really nothing that is going to be "built" except [possibly] the new sales channel, for some who already sell on eBay and Amazon and from their own web stores. It's mostly a promo for Alibaba, to help increase market share in the US.

Worth mentioning that Yahoo! (aka Altaba / "Alternate Alibaba") after the sale of IP and most operations to Verizon) owns 14% of Alibaba (BABA) which could be worth approximately US$35-$40bn, besides holding a 35% stake in Yahoo! Japan subsidiary - becoming essentially a financial equity holding company and similar to ETF / "tracking stock" of Alibaba (which is no longer necessary since BABA ADR has been trading on NYSE since 2015).

95 posted on 01/11/2017 1:19:17 AM PST by CutePuppy (If you don't ask the right questions you may not get the right answers)
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