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Sanders blasts Apple for $2.5B investment to fight housing crisis
Fox Business ^
| 11/05/19
| Brittany De Lea
Posted on 11/06/2019 3:44:29 AM PST by Libloather
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To: Libloather
Bernie doesn’t like Apple spending money on low income housing because he wants the government doing it—at 10 times the cost that Apple would do it.
21
posted on
11/06/2019 5:32:09 AM PST
by
jonrick46
(Cultural Marxism is the cult of the Left waiting for the Mothership.)
To: Libloather
We cannot rely on corporate tax evaders to solve California's housing crisis
Proud Liberals created the housing crisis with their grand ideas of environmentalism. Currently in California, Los Angeles County to be exact, there is a COST of $100,000 to $125,000 for EVERY HOUSING UNIT just to Comply with STATE LAWS!!!, PLUS your Permit FEES. A 1650 Sq Ft Home has $20,000 in School and Library FEES Attached to your Building Permit. You will also incur another $50,000 to $100,000 in Direct Construction Costs to Comply with those same LAWS.
It takes a Minimum of 18 Months to go through the permitting process for new construction.
How exactly did Apple Do this???
22
posted on
11/06/2019 5:39:42 AM PST
by
eyeamok
To: SpaceBar
“Government is a broker in pillage, and every election is a sort of advance auction in stolen goods.”
H.L. Menchen
23
posted on
11/06/2019 6:01:44 AM PST
by
CrazyIvan
(The Democrat party. A collaboration of Cloward-Piven and Dunning-Kruger.)
To: Libloather
No Bernie, SOCIALIST POLICIES created the homeless crisis!
24
posted on
11/06/2019 6:48:03 AM PST
by
G Larry
(There is no great virtue in bargaining with the Devil)
To: Libloather
No Bernie, SOCIALIST POLICIES created the homeless crisis!
25
posted on
11/06/2019 6:48:03 AM PST
by
G Larry
(There is no great virtue in bargaining with the Devil)
To: neverevergiveup
Many people have an inability to think critically about anything. GibMeDat!!!
26
posted on
11/06/2019 7:56:08 AM PST
by
hal ogen
(First Amendment or Reeducation Camp???)
To: Libloather
renters need to earn $34.69 per hour to afford the average two-bedroom apartment.
The area has reached carrying capacity (be it natural or legal).
If you want to live there, you have to want it more than others - proven by how much youre willing to pay. $35/hr for 2br? yes, because theres someone willing to pay $34/hr for it.
Theres about a million square miles of empty land in USA. Move.
27
posted on
11/06/2019 10:14:20 AM PST
by
ctdonath2
(Specialization is for insects.)
To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Thanks Libloather. WOW, that's a desperation move, right there. This is going to piss off his leftie supporters who are big Apple fans (I have a family in my circle of alleged friends who fit this descr.), but will force the Buttplug from South Bendover to yea/nay on this stupid accusation (Hobson's choice); it'll point to the fact that he's more specific and more radical than Psychojawea, who will probably just undermine herself by going even harder left, pushing socialists back to feel the Bern (he wishes); and attempts to paint Brainless Joe as some sort of houseboy of Tim Cook's for not condemning Apple. Thios is what a dumpster fire in a clown car would look like, in the Zen koan sense.
28
posted on
11/06/2019 10:39:12 AM PST
by
SunkenCiv
(Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
"Thanks Senator Sanders, you dumbass, I've been invited to shmooze by the WSJ and PBS, what have *you* done? Go have another health scare. Ah, here's my limo!"
29
posted on
11/06/2019 11:06:14 AM PST
by
SunkenCiv
(Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
To: Libloather
All right, Bernie, would you prefer to have Apple move out of California?
30
posted on
11/06/2019 11:49:32 AM PST
by
Berosus
(I wish I had as much faith in God as liberals have in government.)
To: Zathras
“I think he has now lost any Silicon Valley support he might have had.”
I would NOT EVEN BEGIN to presume as much.
Silicon Valley rivals San Fran for die-hard, bat guano crazy leftism; I mean they’re UNHINGED. The typical leftist candidate would have to eat a living child on the 6pm news to lose support from some of these people, and maybe not even then.
31
posted on
11/06/2019 11:57:58 AM PST
by
HKMk23
(You ask how to fight an idea? Well, I'll tell you how: with another idea!)
To: Libloather; ~Kim4VRWC's~; 1234; 5thGenTexan; AbolishCSEU; Abundy; Action-America; acoulterfan; ...
The BURNie isnt keeping up on things Apple. Apple has repatriated most of those offshore funds when Trumps tax-cut came through two years ago and already paid the US Income Taxes and also the Foreign Income taxes on them when they were earned. Currently, Apple holds approximately $110 Billion in cash, having returned almost $300 Billion to stockholders, most in the US. Having Apple invest in housing is a good way to earn more money in long term equities, mortgages. PING!
APPLE HOUSE MORTGAGES
PING!
If you want on or off the Apple/Mac/iOS Ping List, Freepmail me.
32
posted on
11/06/2019 12:19:11 PM PST
by
Swordmaker
(My pistol self-identifies as an iPad, so you must accept it in gun-free zones, you hoplaphobe bigot!)
To: Swordmaker
He seems to forget that the money that Apple had parked overseas was sheltered also from the usurious EU rates, via its temporary home in Ireland -- and the US doesn't get a cut of EU tax receipts. But, Sanders is a demagogue, so what he bleats doesn't actually make sense or conform to reality.
33
posted on
11/06/2019 12:21:20 PM PST
by
SunkenCiv
(Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
To: Libloather
... it has helped create California's housing crisis I've been to ghost towns. Isn't it funny that people leave when the jobs leave? And that housing becomes plentiful and cheap, but there are no buyers?
Isn't prosperity better than destitution and a deserted town? I like the idea that companies create jobs and enable people to build wealth.
Is it a bad thing that companies draw in people to an area, and some of those people are freeloaders (like Bernie's fans)?
34
posted on
11/06/2019 12:42:28 PM PST
by
roadcat
To: Swordmaker
There’s also way more than 134,000 homeless in California
35
posted on
11/06/2019 1:22:47 PM PST
by
Vendome
(I've Gotta Be Me https://www.youtube.com/watch?v=BB0ndRzaz2o)
To: Swordmaker
Corporations get tax credits for investing in affordable housing. Its been done for 50 years.
This is just a spin on that.
36
posted on
11/06/2019 1:48:20 PM PST
by
jdsteel
(Americans are Dreamers too!!!)
To: SpaceBar
He’s promising free weed.
To: Swordmaker
Each Apple iHome comes with a fully loaded Apple pc and tablet and an iphone and Siri device.
They will add $50 grand to the cost of the home : )
38
posted on
11/06/2019 7:25:15 PM PST
by
minnesota_bound
(homeless guy. He just has more money....)
To: SpaceBar
His over usage of the word FREE
To: Libloather
$2.5 billion could probably cover the cost to build about 5000 housing units in high-rise structures. Rough math, based on news reports of recent high rise housing construction happening in California. Maybe more than 5000 units as land costs may be cheaper in the farmland outside of Cupertino.
40
posted on
11/08/2019 9:42:36 PM PST
by
monkeyshine
(live and let live is dead)
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