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I'm going to watch this discussion to see if anyone can provide a sane definition of what the "dynamics of Twitter" are supposed to be. Near as I can tell, it is a peculiar form of insanity driven by some sort of theory that if you can get enough eyeballs looking in the same direction, you must have created some value there. I'm not seeing the value.

Part and parcel of the insane worship of corporate cancers? Of course if stock prices become completely detached from reality, then the only question is which company can do the best "job" of creating an illusion of shareholder value, eh? I'd still bet on the Chinese, whose stock market has risen 30% recently for no reasons I can detect.

By the way, the original idea of extremely short messages was really dumb. Twice times dumb is still dumb. I used to believe the expression that "Brevity is the soul of wit" until I saw Twitter in action.

Twitter stock currently trades at a price to earnings ratio of 22.09: https://www.marketwatch.com/in...
You can see a summary of their financials for the last 5 years: https://www.marketwatch.com/in...
(I only invest in broad cheap index funds so I'm not interested in arguing share value. I only intended to show that they do make money and the valuation is possibly high but not crazy).

I'm going to watch this discussion to see if anyone can provide a sane definition of what the "dynamics of Twitter" are supposed to be. Near as I can tell, it is a peculiar form of insanity driven by some sort of theory that if you can get enough eyeballs looking in the same direction, you must have created some value there. I'm not seeing the value.

Part and parcel of the insane worship of corporate cancers? Of course if stock prices become completely detached from reality, then the only question is which company can do the best "job" of creating an illusion of shareholder value, eh? I'd still bet on the Chinese, whose stock market has risen 30% recently for no reasons I can detect.

By the way, the original idea of extremely short messages was really dumb. Twice times dumb is still dumb. I used to believe the expression that "Brevity is the soul of wit" until I saw Twitter in action.

Twitter stock currently trades at a price to earnings ratio of 22.09: https://www.marketwatch.com/in...
You can see a summary of their financials for the last 5 years: https://www.marketwatch.com/in...
(I only invest in broad cheap index funds so I'm not interested in arguing share value. I only intended to show that they do make money and the valuation is possibly high but not crazy).

From MarketWatch

"Approximately 76.4 million or 44.4% of Americans won’t pay any federal income tax in 2018, up from 72.6 million people or 43.2% in 2016..."

"For the most part, they don’t earn enough money. However, many people who work and who don’t owe any federal income taxes still give money to Uncle Sam, because money comes out of their paychecks for Social Security and Medicare,"

“Many low- and below-average-income families pay more in payroll taxes every year than they pay in federal income taxes,” Burtless said. “This means you have to be careful describing the federal tax liabilities of U.S. families. The U.S. individual income tax is quite progressive, with much heavier tax liabilities as we move up the income distribution and very low or even negative income tax liabilities at the bottom of the income distribution.”

“After all federal taxes are factored in, the U.S. tax system as a whole is progressive, according to Pew. “The top 0.1% of families pay the equivalent of 39.2% and the bottom 20% have negative tax rates. That is, they get more money back from the government in the form of refundable tax credits than they pay in taxes.”

Now, do we divert the discussion from taxes and consider the mess that is entitlement programs, those funds having been raided relentlessly for decades, now insolvent in every meaningful sense, and doomed, deliberately, to collapse in my lifetime? No. Similar problem, different causes and results, mostly. Much harder to fix. State and city pension crises are forerunners of this problem.

• Fact: 63,000 deliveries (all mdels) in the first quarter (12.7 weeks) works out to 4960 cars per week.
• Fact: This is far below the late-2018 goal they set for themselves to produce 7000 Model 3s per week.
• To put it in perspective, Fact: Ford sold over half a million cars in the 1st quarter in the US alone.
• Fact: Despite selling 9x as many vehicles, Ford has a lower market cap than Tesla.

The real test will come when the waitlist is eliminated -- then QoQ or YoY will actually measure deltas in customer demand.

Thing is, it's not really customer demand per se. California has a ZEV mandate. Each year, every car company has to sell a certain percentage of zero emissions vehicles - mostly EVs though there's at least one hydrogen fuel cell vehicle in the mix. The formula is a bit complex (factoring in partial ZEVs like plug-in hybrids), but for 2018 it's about 2.5%. For 2025 it'll be 8%.

If a car company can't hit that quota, they must buy credits from a company which exceeded theirs (usually Tesla, so you can nix all the conspiracy theories about the other automakers wanting to kill off Tesla - Tesla is their safety net). If they fail to meet their ZEV quota, they are banned from selling cars in California. And since about a dozen other states automatically adopt California's auto guidelines, they'd be banned from selling cars to about a third of the U.S.population. No car company wants to be cut off from a third of the U.S. market, so they are all busy producing EVs. And if there's insufficient demand for EVs for them to meet their quota, they will run sales and incentives (even selling/leasing the EVs at a loss) to meet the quota.

So the growth in customer demand isn't organic. It's mandated by law (that's a fact too). Not saying there isn't demand - there very well could be. But we'll never know exactly how much real demand there is because the law manipulates market forces to make the tail wag the dog (forces automakers to lower the price until a certain level of demand is attained).

And the only non-factual part of this post. Speculation: Tesla may be deliberately trying to slow down production, so they can push more of those preorders into later years when the ZEV mandated percentage is higher. They may be hoping that the other companies will have a harder time hitting the higher quota percentages, which would make Tesla's ZEV credits more valuable. Right now, once all the automakers hit their ZEV quotas, the ZEV credits for any additional cars Tesla sells that year are worthless.

This is completely contrarian to marketwatch report

Job numbers are so hard to follow because there's different ways of counting them, reporting them etc.

Portland is actually the least religious city in the U.S.

This would appear to support something I've suspected for a while now: That we seem to be hard-wired to reach conclusions based on faith. And that when people ditch faith in religion, it doesn't make them less "religious." They just put their faith into something else, be it anti-vaxx theories or 9/11 conspiracies or atheism. (Yes atheism is a faith. You cannot prove a negative, at least not without investigating every single possibility, so you cannot realistically prove there is no god. You can be agnostic without needing faith - uncertain or doubtful if there is a god. But to be atheist - convinced that there is no god - requires a leap of faith.)

And just two more points:

1) Interest rates have been trending downwards for 40 years. This helps politicians as it boosts financial markets. See Trump, who is louder than his predecessors was publicly bashing Powell, his Federal Reserve chair, for running off the balance sheet (the "50 B's") and raising interest rates. Others have done this exactly same thing behind closed doors.

2) You can also see 30 year mortgage rates have been declining for forty years too.

Without a cashless society, or a "narrow bank", it's hard to push interest rates below zero. But there is always downward political pressure on interest rates.

The point is, going forward, we may be seeing a plateau in interest rates at these low levels, which has implications for financial markets. Namely, that as interest rates go down, institutions and people seeking returns have to move to other investments, pushing their prices up. If interest rates finally plateau, that suggests that some other tactic, perhaps not yet envisioned, may be necessary to continue to support housing and stock markets.

FYI, FWIW, YMMV, standard disclaimers apply, etc.

Thank you for standing up for honesty! Make America Great Again!

https://www.marketwatch.com/story/wilbur-ross-alleged-to-have-siphoned-more-than-120-million-from-associates-forbes-report-2018-08-07

https://www.vanityfair.com/news/2018/08/wilbur-ross-stole-money-from-colleagues-sweetn-low-from-restaurants

https://www.forbes.com/sites/danalexander/2018/08/06/new-details-about-wilbur-rosss-businesses-point-to-pattern-of-grifting

Oh, the humanity!

As noted by another commenter. 44% of Americans don't pay any income taxes, so the "vast majority" is already eliminated. I'd also question your assertion about paying 20-30% taxes. On 30% on $100,000 (not the actual rate, just an example) would be taxed this year as 30% on $76,000 which is only 22.8% effective tax rate.

The actual tax rate for $100,000 gross would be at the 12% tax bracket for tax year 2018 (for couples filing jointly) after the 24,000 standard deduction is applied.

Without doing the additional math, I suspect anyone subject to a 30% effective tax rate is already making enough money to pay the accountants to make that number not happen (as is what this whole story is about).

https://www.marketwatch.com/st...

Well, it's not average, but maybe close enough? 44% of the people pay $0.00 in federal income taxes:

https://www.marketwatch.com/st...

Not to mention that "... the sudden death of the firm's founder left C$190 million in cryptocurrencies protected by his passwords unretrievable." Seems like a lot of people didn't do due diligence. Or this is a cover story, and the money actually went somewhere else. Bernie Madoff could've had a big win if he'd faked his own death that the right time. (But, hey, that guy's still a player: cornered the market on Swiss Miss in prison.)

Only a fraction of index funds do that.

Maybe you need to stop talking out of your ass?

More than $31 billion flowed into exchange-traded funds over the month, according to FactSet data, bringing total global assets to almost $4.2 trillion. However, while there are nearly 1,800 U.S.-listed ETFs currently trading, nearly all the action is concentrated within a vanishingly small part of the ETF marketplace. To be exact, 51.3% of August’s inflows went to just 10 funds.

https://www.marketwatch.com/story/these-10-etfs-sucked-up-half-of-all-inflows-in-august-2017-09-11

And - you can't leave your collection to someone after you die. It all goes into the rubbish heap.

https://www.marketwatch.com/st...

Speaking of JCPenny, they just became a penny stock

https://www.marketwatch.com/st...

Housing is one reason and they are making it even more expensive now.

https://www.marketwatch.com/st...

Instead of that subjective link you gave here is one with real data.

MS is dead. Maybe that explains why Microsoft just surpassed Apple as the most valuable company on the planet.

https://www.marketwatch.com/st...

Maybe the MS browser is dead, but not the company. What they have realized (for now anyway) is that they aren't going to win the browser war. Might as well cut losses.

They may not make much, but the drivers DO make money. How about some links asshole to prove your points. OH wait, your just an asshole and can't be expected to back up your claims.

https://www.marketwatch.com/st...

â Uber drivers typically collect $24.77 per hour in passenger fares.
â From that, Uber takes $8.33 in commissions and fees, about a third of all passenger fares.
â Vehicle expenses like gas and maintenance cost drivers about $4.87 per hour, Mishel determined, even after taking into account their tax deductibility.
â That leaves drivers with $11.77 per hour, from which they pay $0.90 in extra Social Security and Medicare taxes, because they are self-employed.
â If drivers donâ(TM)t pay for health insurance or contribute to a retirement plan, they can take home $10.87 per hour. â If they do want to purchase some basic benefits, their take-home pay would come out to about $9.21 per hour.

Fucking idiot

It's sad. When we lost manufacturing to China ...

Over the last 30 years, manufacturing in America has doubled.

The "deindustrialization of America" is one of those things that "everybody knows", but is actually nonsense.

No, I remember how PETA made it unpopular to wear fur among people who agree with them.

https://www.marketwatch.com/st...

This says demand and sales continue to rise.

Hating on shit isn't a plan for success. You'd need a plan to make people want to live in high-rise condos.

For example, if you give their job away to a robot, they might beg you for a cubicle in a high-rise.

In the past, a single house hold earner could provide for a family. Now it takes two.

What's changed? THAT'S what we need to look at.

I suspect it will be a mix of increased costs due to:

Government regulations and their impact on manufacturers.
Industry practices...required because they can. fees surcharges, penalties, etc.
Increased consumer materialism. You HAVE to have the big screen TV, you HAVE to have that 4 wheeler, new car, etc.

You're mostly wrong - since the 1970's, inflation has increased at a steady rate, but wages haven't kept up; in fact, real wages have been decreasing over the past few years, while inflation has continued to grow.

So the question you should be asking is, "Why haven't wages grown along with inflation?" and the simple answer can be found in the CEO wage gap and greedy shareholders only concerned about short-term financial gain for themselves, consequences be damned.

Where do you get the false idea that an accountant can magically make taxes just go away? It is complete nonsense. Again: I am a 1%er and pay over 50% of my earnings in taxes. There is no legal way to avoid this

You're seriously claiming that legal tax-evasion via tax-havens is not a thing? Are you living under a rock? Sure, if you make all your income as a salary from a corporation, then reducing taxes on that is difficult, If you however own a corporation tax-evasion becomes easier the larger that corporation is. I mean, what do you think is the reason for basically all major multinational companies owning subsidiaries in the Caymans or other small nations with low taxes? Why do you think it is that basically all megacorps have a lower effective tax-rate on their billions of profit than you do as a employee making a million if creative accounting doesn't exist?

The way the game works when you get to the big-league depends a bit on where you're located and what you're selling but the basic idea is pretty simple and same everywhere: you setup a couple of companies, one in whichever country you're conducting business in (company A), another in a country with suitably lax tax-laws (company B). You then for example make sure that the licensing rights of the software or whatever it is that you're selling are held by the company in the tax-haven. You then do some math and figure out that after operating expenses and salaries and all, the profit of your actual company (company A) is say 100 million. Okay, you don't want to pay taxes on all of that. Well great, you just make a contractual arrangement so that company A has to pay licensing fees to company B to the tune of say, 95 million, and suddenly the profit of company A goes down to 5 million, and the 95 million gets moved to your tax-haven company that pays next to no tax on it.

Variations of this model are so common it's basically a public secret. It's how Apple & al have been dodging billions in taxes for years now. The most common of these arrangements used by US corporations especially to shield around a hundred billion from american taxation a year was known as the Double Irish that used to be combined with what the accountants call a Dutch sandwhich. Basically using Irish and Dutch tax and IP law to move massive amounts of profits from the EU to Bermuda and other tax-havens.

These schemes were forced to be closed by the European Union (American officials and government seemed not to care one bit even though the existence and use of these schemes was known for decades and even though it cost the US a lot in lost tax-revenue.) in 2014. However, Ireland, not wanting to lose all the corporate business especially on the IT-side that this loophole had brought them basically just re-instated the loophole (now known as the 'single malt' arrangement and used by for example Microsoft and probably Facebook) with slightly changed wording and application, but it's essentially still there and still used.

Hell, there's an entire wiki article on Ireland as a tax-haven, which states at the very beginning:

Ireland's base erosion and profit shifting ("BEPS") tools give foreign corporates Effective tax rates of 0% to 3% on global profits re-routed to Ireland via Ireland's tax treaty network.

And Ireland is by far not the only country with such (intentional) loopholes in the laws, it's just the most commonly used. But yeah, clearly because you personally cannot avoid paying taxes on your million or so of (presumably wage) income, that means it must be impossible,

We should not let our culture slide in the same direction.

But we know that it will, In fact, we really are there, with the DHS keeping tabs, and the 'no-fly list', your credit agencies, and they all want in on your social media bullshit.

So, with that in mind, what's next? How do we defeat it, and can we without a major bloodletting? I kinda doubt it, we're still primitive tribal savages with a very thin, and most frail veneer, destroyed by a single raindrop. *cough*.. Yeah, okay, let's put a lid on that.

PCIe version 4.0 is to replace PCIe version 3.0 in 2019.

It could cost you your retirement.

Right now, the housing market is in deep trouble. In fact, in most places, housing prices are going down and houses are staying on the market longer. People are staying in their houses longer, and there are still 2.2 million people who are underwater on their mortgages and can't get out. We're seeing housing as one of the sectors that's dragging the entire economy down, and keeping economic growth below the rate of inflation. And that was before the stock market stagnated (it's down for 2018). When you hear campaign claims that we are in a "strong economy", don't believe it.

These are some articles from the past few days, including from a source with a strong conservative bias:

https://www.washingtonexaminer...

https://finance.yahoo.com/news...

https://www.marketwatch.com/st...

If they had reacted to a few blogs post/Tech articles in 2017 they would have had the Streisand Effect on the matter.

Supermico announced in early 2017 that it lost TWO large data-center customers in 2016 over security issues. Apple being one, Amazon probably being the other. Their stock took a huge hit in early 2017 when their CFO made this announcement on an earnings call.

Feb 2017 Marketwatch article

https://www.marketwatch.com/st...

There is a hell of a lot of smoke here.

You might be enlightened by this chart. "CNN, MSNBC, FOX, Brietbart [sic], and NPR" are not "the same."

All news sources make mistakes. The better ones publish corrections. The worse ones may not care about the truth, because it's part of their mission to misinform.

Fake news is created by fake reporters. It is not the same as news with errors. It is a deliberate fabrication, intended to provoke fear, anger, or confusion, the kind of emotions a populist authoritarian tries to exploit in order to take office. Sound like anyone familiar?

https://www.marketwatch.com/st...

That was Obama's take (read: the no-longer-relevant take). Trump's version was the polar opposite: Soft/no brexit means the US has no reason to deal with Britain specifically and would instead go directly to the EU.

Wage growth is up.

Unemployment bottomed out at 5% for the last year of the Obama Administration, then plunged after the election.

GDP was plunging during 2015/2016 and has since turned around.

The DJIA plateaued during 2015 and 2016 and exploded after the election.

NASDAQ followed the same trend as the DJIA, indicating the flat-line in growth was economy-wide, not just specific sectors

Manufacturing job growth is at a 23 year high

Basically you're making stuff up - the facts do not support your positions.

I had SMCI stock in 2017 and sold it after reports that Apple dropped them when they found serious security issues with their servers.
Now Apple and others claim they have no idea what Bloomberg is talking about. Clearly something was installed on Supermicro servers to cause Apple and others to stop using them.

Report from early 2017

https://www.marketwatch.com/st...

IIRC, there was also a claim connected to that older case that supermicro site was also serving the same backdoored firmware (so bios? me?). Thus it seems unrelated to this.

Report from early 2017
https://www.marketwatch.com/st...

https://www.marketwatch.com/st...

For Apple too say there were not aware of security issues with Supermico is BS.

https://www.marketwatch.com/in...
Annual consolidated net income

* 2013 loss 74.01 Million
* 2014 loss 294.04 Million
* 2015 loss 888.66 Million
* 2016 loss 773.05 Million
* 2017 loss 2.24 Billion (With a "B")

So far in 2018
* Quarter ending Mar 31, 2018 loss 709.55 Million
* Quarter ending June 30, 2018 loss 717.54 Million
i.e. 1.427 Billion total loss first half of 2018

And yet several industry analysts are saying that Tesla doesn't have any credible competition until at least 2020 and that Tesla's lead in EV technology may last far longer than anyone thought after an underwhelming product announcement from Audi.

Maybe making an EV that actually works is hard, and the big auto makers can't slap one together at the last minute?

They're precisely like the rest of the mainstream media. You don't trust anything they say without verifying it first.

Precisely like the rest of the mainstream media? Um, no. Take a look at where Breitbart is on this chart. (Right-click and select Show Image to enlarge it.) Yes, this is one person's analysis. But other studies of bias and veracity of news sources show similar results.

If CNN said shit tastes good you'd try a mouthful, right?

Well no, I wouldn't. But assuming you speak figuratively, the point is that CNN may have a left-of-center bias (and I admit I see it sometimes) but it strives to tell the truth and provide fair comment.

Breitbart, on the other hand, has a strongly right-wing agenda, and it shapes their reporting and editing to fulfill it. It is highly disingenuous, far more so than other news sources.

Your graph doesn't show any debts being paid off; you're looking at the wrong graph.

What the hell are you talking about? It shows debts being paid off after the War of 1812, Civil War, WWI, Great Depression, and WWII. Only in the 80's did we start to charge up debt without paying it down.

Austrians don't just say that their theory is unfalsifiable, they say that all economic theories are unfalsifiable because economics is not a science.

At the end of the day, something like economics is only useful to the extent that it has predictive power. If it makes predictions, it is falsifiable. Keynesians use state-of-the-art mathematical modeling to make predictions. And some of them are damn good at it. So you can call economics "unfalsifiable" all day long, if you want. But Austrian economists continue to put hyperinflation predictions out there that are easily proved wrong when said hyperinflation fails to materialize over and over. Either economics can make useful predictions, in which case it makes claims that are falsifiable, or it doesn't make useful predictions, in which case it's completely pointless.

It's puzzling to me why anyone would want to listen to economists who hide behind such circular philosophical smokescreens.

lol

https://www.marketwatch.com/st...

I suggest you read this article if you think wages are outpacing inflation.

And Elon Musk called the cave rescuer a "child rapist" today: https://www.marketwatch.com/st...

Lattice Semiconductor Appoints Jim Anderson (former AMD General Manager and Senior Vice President of the Computing and Graphics Business Group. ) as CEO

https://www.marketwatch.com/pr...

Lattice Semiconductor Corporation LSCC, a leading provider of customizable smart connectivity solutions, announced the appointment of Jim Anderson as the Company’s President and Chief Executive Officer, and to the Company’s Board of Directors, effective September 4, 2018. Mr. Anderson brings broad technology industry experience and a proven track record of leading and transforming businesses to drive sustained growth and profitability. Mr. Anderson joins Lattice from Advanced Micro Devices (AMD) where he served as the General Manager and Senior Vice President of the Computing and Graphics Business Group.

For now our middle class is big enough so we don't have the necessary poverty yet to really be a third world country.

Okay, for now. But not for long, at this rate. Also, poverty is lumpy. It doesn't get spread evenly across the nation. It impacts some communities and even some households far more than others.

What Musk did over Twitter is first and foremost unbecoming of a CEO and is outright manipulation of the stock price.

In your opinion.

That's the problem with all the Tesla news nowadays - there's actually very little going on, what we see in the media is opinion dressed up as news. And if it's bad, the shorts will run with it.

.) The Saudis had approached Musk multiple times about taking Tesla private over the past two years .) During that time, Musk has been telling shorts to get out .) The Tesla board was informed about Musk's intent before the infamous tweet, and discussed the merits .) The board decided the next step was to contact and discuss with the largest shareholders .) Musk decided that he couldn't legally contact *only* the largest stockholders, so he publicly announced on twitter .) Stock goes up .) Stock goes down

(source)

Really, there's nothing in the news anyone can trust about Tesla nowadays. After the NYT interview I saw these competing headlines:

"Musk says Tesla had an excruciating year, and the worst is yet to come" (one source, among many)

"Musk says Tesla had an excruciating year, and the worst is over" (one source, among many)

Which of these is an accurate portrayal of Tesla's future?

Don't believe any of it. Given the timeline above, it's really hard to see how Musk could be charged with a crime - SEC is civil, not criminal, the FBI would have to get involved for that. It's also hard to see how the SEC could impose a fine. There *might* be an issue with the exact definition of "secured", but it's a) moot, b) can be argued either way, and c) it took the SEC 5 years to bring down [Theranos CEO] Elisabeth Holmes for much more severe problems, they aren't likely to move any faster with Tesla. Five years from now we can worry whether this has made any difference to Tesla.

It's clear that Tesla only has to weather the next 4 months or so, and then be clear of all this nonsense.

Until then, just ignore the rabble - it's only noise anyway.

Musk is a narcissist.

This buyout was just him bullshitting. It IS a LIE!!!

  This lame excuse of "Ambien" and lack of sleep is total horseshit. His LAME-ASS excuse.

I KNEW it. ALL of you fanboys are idiots.

And YOU Okian are full of shit!

YOU are a complete liar.

What Musk did over Twitter is first and foremost unbecoming of a CEO and is outright manipulation of the stock price.

In your opinion.

That's the problem with all the Tesla news nowadays - there's actually very little going on, what we see in the media is opinion dressed up as news. And if it's bad, the shorts will run with it.

.) The Saudis had approached Musk multiple times about taking Tesla private over the past two years
.) During that time, Musk has been telling shorts to get out
.) The Tesla board was informed about Musk's intent before the infamous tweet, and discussed the merits
.) The board decided the next step was to contact and discuss with the largest shareholders
.) Musk decided that he couldn't legally contact *only* the largest stockholders, so he publicly announced on twitter
.) Stock goes up
.) Stock goes down

(source)

Really, there's nothing in the news anyone can trust about Tesla nowadays. After the NYT interview I saw these competing headlines:

"Musk says Tesla had an excruciating year, and the worst is yet to come" (one source, among many)

"Musk says Tesla had an excruciating year, and the worst is over" (one source, among many)

Which of these is an accurate portrayal of Tesla's future?

Don't believe any of it. Given the timeline above, it's really hard to see how Musk could be charged with a crime - SEC is civil, not criminal, the FBI would have to get involved for that. It's also hard to see how the SEC could impose a fine. There *might* be an issue with the exact definition of "secured", but it's a) moot, b) can be argued either way, and c) it took the SEC 5 years to bring down [Theranos CEO] Elisabeth Holmes for much more severe problems, they aren't likely to move any faster with Tesla. Five years from now we can worry whether this has made any difference to Tesla.

It's clear that Tesla only has to weather the next 4 months or so, and then be clear of all this nonsense.

Until then, just ignore the rabble - it's only noise anyway.

As a few non-Trump-hating press have pointed out, Harley was already moving those jobs out of the US and simply grabbed the Trump tariffs as a politically-acceptable PR excuse. Other articles have pointed out that the management of HD have a problem: they failed to realize that the US Millenials would be less interested in their products and that meant market stagnation. They have failed to adapt and create new products to excite the US market and attract enough young buyers, but the rising economies elsewhere are well-suited to motorcycles and have many buyers looking for the iconic brand. As a result, HD has been ramping-up production in those foreign markets where they will manufacture and sell locally. When they fight their American workers over this offshoring, it's more palatable to say "blame Trump and his tariffs" than to say "management is out of touch with the American customers, and wants to boost its bonuses by jettisoning US workers".

Where HD is a good anti-Trump example is that they got a big Trump tax break and, unlike many other companies, they are not using it to benefit their American workers or to increase/upgrade American production facilities etc. HD is apparently doing what Nancy Pelosi wanted people to believe every company would do, as long as you ignore that they started this long before the tariffs were announced.

2.2 billion cash and over 3 billion in accounts payable.

$27,9 billion in assets. $22,6 billion in liabilities. Was there any reason why you handpicked only one part of the assets and liabilities lists?

I'm not sure why you list the total assets and liabilities. You're engaging in the same sort of cherry picking as the person you're responding to except that you're avoiding looking at cash flow by dumping out total assets and liabilities which has minimal relevance to cash flow. I could have a company that has a building and land worth $1m and end up failing because the only liability is property taxes (we'll say $30,000) which I can't pay forcing me to liquidate the property to pay the taxes, essentially dissolving the company, but hey it's still a $1m company with only $30,000 worth of liability. All total assets and liability really gives you is the balance sheet value of a company today (assets - liabilities) if you were to buy or sell it.

I'm using this to look at https://www.marketwatch.com/in...

They list 6.57bn as their total current assets of which 2.26bn is wrapped up in inventory. The remainder is mostly 3.5sbn in cash and 515.38m in accounts receivable. It also lists 7.67bn as their total current liabilities. 978.76m is debt payments, 2.39bn is accounts payable, 185.81m is income taxes, 378.28m is payroll, and 3.74bn is other miscellaneous current liabilities. Unfortunately, AP isn't broken down to the point that you can tell whether those are due to capital investments or operational expenses, or I just can't read the statement well enough to determine if capital expenses are broken out elsewhere.

Their current financials are negative and when you have that situation you are riding your cash reserves hoping to turn a profit or you're seeking outside money via issuing stock or bonds, or getting investors or loans to continue operations and taking on liabilities to fund operations is typically not a good idea.

I hope Tesla succeeds but I do think they need to improve their cash flow situation.

LOL BGR. The second biggest apple dickpuppet next to you.

Ok, I assume all THESE are not "Dickpuppets", Hater:

https://www.anandtech.com/show...

https://www.thestreet.com/mark...

https://www.marketwatch.com/st...

https://www.channelweb.co.uk/c...

All everyone has to do is wait them out and they can pick it up for pennies on the dollar if they want it.

That time is close. The stock was trading at $2000 in January. Currently, it is trading at 55 cents... https://www.marketwatch.com/in...

Worker pay and benefits climbing at fastest pace in 10 years, ECI finds

Does anyone have any idea what could have happened 10 years ago that caused worker pay and benefits to stagnate for a whole damn decade?

Anyone?

Bueller?

I'll bite, but the problem started about 20 years ago... With the creation of the "subprime mortgage" which was needed to loan money to unqualified borrowers, backed by two Federally backed mortgage companies. A pile of money got loaned to people who couldn't pay it back and real estate prices shot though the roof as the market was awash in cheap money loaned by banks, converted into questionable securities backed by the fed. Why did banks do this in the first place? Anybody have a clue how this could take place, banks loaning money that would never get paid back?

Bueller?

Bueller?

Here's a hint.... WHO demanded that subprime borrowers be given loans and why?

Here's a statement: What happened at the end of Bush's administration is the house of cards finally fell, but the building of that structure took YEARS so the cause of the problem wasn't the economy and wasn't really Bush's fault (except in that he didn't see and avoid it). The REAL reason happened years before when banks started loaning money to unqualified people and why do you suppose they did that?

DEMOCRATS

Barney Frank stating Fannie Mae isn't going to fail:

'These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing."

And, umm, yeah, Bush et al did see it coming:

2003:

New Agency Proposed to Oversee Freddie Mac and Fannie Mae

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

Under the plan, disclosed at a Congressional hearing today, a new agency would be created within the Treasury Department to assume supervision of Fannie Mae and Freddie Mac, the government-sponsored companies that are the two largest players in the mortgage lending industry.

And another attempt in 2005:

S. 190 (109th): Federal Housing Enterprise Regulatory Reform Act of 2005