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Thread: Donald Trump: Establishment ‘Against Me’ but ‘Coming on Line’

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  1. #1
    Administrator Jean's Avatar
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    Donald Trump: Establishment ‘Against Me’ but ‘Coming on Line’



    by ALEX SWOYER
    25 Jan 2016
    Washington, DC

    GOP frontrunner Donald Trump said he thinks the Republican Party establishment is against him but is getting behind him as opposed to GOP presidential candidate Sen. Ted Cruz (R-TX).

    “I think the establishment actually is against me, but really coming on line because they see me as opposed to Cruz, who is a nasty guy who can’t get along with anybody,” Trump stated during an interview on CNN. “At a certain point you’ve got to make deals.”

    Trump touted his ability as a deal maker in the interview on Monday.

    “Ted cannot get along with anybody,” Trump said, adding that he now thinks Cruz is a “nasty person.”

    “We can’t have a guy who stands in the middle of the Senate floor, and every other senator thinks he’s a whack job.” Trump told CNN’s Wolf Blitzer. “You have to make deals. You have to get along. That’s the purpose of what our founders created.”

    http://www.breitbart.com/big-governm...d-to-ted-cruz/
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    Senior Member Judy's Avatar
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    It's all true in my opinion.
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    Ted Cruz does not deserve to be treated like this for having stood up to the GOP sellouts in the Senate.

    W
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    Boeing To Build Its First Offshore Plane Factory In China As Ex-Im Bank Withers

    Sep 23, 2015 @ 11:11 AM 14,205 views

    Boeing To Build Its First Offshore Plane Factory In China As Ex-Im Bank Withers

    Loren Thompson, Contributor

    Facing severe pressure from state-subsidized foreign competitors and the end of federal export financing, Boeing BA has decided to throw in the towel. After a hundred years of producing its commercial aircraft exclusively in the U.S., the nation’s largest exporter will build its first offshore aircraft plant in China.

    The new plant will be a joint venture with a Chinese entity to install interiors and paint exteriors on 737 airliners, Boeing’s popular single-aisle jetliner that competes with the Airbus A320. China’s official Xinhua news agency reported yesterday the company has signed a huge deal for 300 737s with three Chinese companies, besting the record 250-plane deal that Airbus received for its A320 last month from low-cost Indian carrier IndiGo. The news agency report coincided with the visit of Chinese president Xi Jinping to Seattle, the home base for Boeing’s commercial aircraft operations.

    Company insiders say the precise location of the new plant in China has not yet been decided, but it appears the uncertain fate of the U.S. Export-Import Bank figured in the decision to establish offshore production. (Disclosure: Boeing is a contributor to my think tank.) All of the 737s airframes destined for China will still be built in Renton, Wash., at the plane’s main assembly facility, and then finished at the new plant. But the relationship with China is likely to grow over time, because China, like Brazil, Canada, France, Germany, Japan and every other industrialized country (except now the U.S.) assists plane exporters in securing financing.

    Boeing will establish a joint-venture facility in China to install interiors and do exterior paint jobs for 737s sold to Chinese carriers. Over time, America's biggest exporter will likely expand its industrial presence in the Middle Kingdom. (Retrieved from Wikimedia)

    Boeing will establish a joint-venture facility in China to install interiors and do exterior paint jobs for 737s sold to Chinese carriers. Over time, America’s biggest exporter will likely expand its industrial presence in the Middle Kingdom. (Retrieved from Wikimedia)

    China’s rapid economic growth in recent years dictated that Boeing take steps to increase its presence there. The company estimates Chinese carriers will buy or lease 6300 commercial transports over the next 20 years, and 4800 of those will be single-aisle jetliners like the 737 and A320. Airbus began delivering A320s from a Chinese plant in 2009, and signed an agreement this summer to build a second such facility in the country. Boeing can’t afford to be left behind in the trillion-dollar Chinese market, and the Beijing government has been eager to attract the kind of high-tech manufacturing its products entail.

    Boeing planes typically are more technologically advanced than those of its competitors, but they often cost more to buy than Airbus offerings even though they are more economical to operate across the lifetime of the aircraft. Federal export financing has been an important factor in sustaining Boeing’s global market share, because with price-tags frequently exceeding $100 million per plane, they are among the world’s most expensive types of capital equipment. Until recently, Boeing’s plan had been to source 80% of its production inputs in the United States while selling 80% of its jetliners overseas, but the end of Ex-Im Bank financing appears to be causing a shift in strategy.

    Boeing chairman James McNerney recently told a Washington gathering that the company may have made a mis-step in planning to do all of its aircraft production in the U.S., given the failure of Congress to reauthorize Ex-Im Bank. Another big U.S. exporter, General Electric GE +0.00%, recently disclosed plans to move aerospace activities to Europe because of the easy availability of export credits there. Unlike in Europe, where export assistance often takes the form of subsidies, Ex-Im Bank costs are covered by fees charged to users, so no subsidies are involved. That fact does not appear to have mollified bank critics, who have blocked the bank’s reauthorization despite majority support in both chambers of Congress.

    http://www.forbes.com/sites/lorentho.../#7b6f89315252
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    Senior Member Judy's Avatar
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    July 30, 2015, 05:34 pm
    Cruz on Ex-Im: Battle won, war rages on

    By Jordain Carney

    Sen. Ted Cruz (R-Texas) claimed a victory in the fight over reviving the Export-Import Bank Thursday, but he warned that the war against the "Washington Cartel" isn't over.

    “Today was a major win. Just one week ago, the Washington Cartel was certain that the Export-Import Bank — a quintessential example of cronyism and corporate welfare — would be reauthorized. The fix was in," Cruz said in a statement. "And yet, after a long battle on the Senate floor, as Mark Twain might say, reports of Ex-Im's revival were greatly exaggerated."

    Cruz made the comments after the Senate sent a three-month extension of federal highway funding to President Obama's desk that did not include a reauthorization of the bank's charter.

    The Senate passed a six-year bill that did include a roughly four-year reauthorization of the bank. But that legislation is headed toward a conference committee with House lawmakers, who are more skeptical of the bank, later this year.

    Cruz, who is running for president, has been vocally opposed to reauthorizing the bank, saying that Majority Leader Mitch McConnell (R-Ky.) lied about making a deal to allow a vote on the bank as part of an effort to get additional votes for a trade bill.

    The Texas Republican said that McConnell denied to him that there was an agreement with Democrats, adding that "the majority leader was visibly angry with me that I would ask him such a question."

    Cruz also praised his House colleagues for refusing to take up the Senate's long-term bill, saying they "stood strong" and showed "strong leadership."

    But he added that proponents of the bank would try again to reauthorize the bank's charter once they return to Washington in September, following Congress's summer recess.

    "This Fall, no doubt, the Washington Cartel will make yet another run at reviving Ex-Im," he said. "But, if the House continues to demonstrate their courage of their convictions, together we will make permanent a major victory for hard-working taxpayers. No more cronyism."

    Cruz's speech against McConnell launched a public battle between the Texas Republican and the Senate's top Republican.

    McConnell and his allies in the Senate lined up on the Senate floor during a rare Sunday session to take veiled and direct shots at Cruz.

    McConnell appeared to take a closing shot at Cruz on Tuesday, saying, "I don't know what one considers the definition of a deal, but we've been discussing quite openly for months that I would make it possible for the supporters of the Ex-Im Bank [to get a vote.]"

    http://thehill.com/blogs/ballot-box/...t-import-fight
    Last edited by Judy; 01-25-2016 at 10:25 PM.
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    Senior Member Judy's Avatar
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    I don't know why anyone would support or defend a US Senator for President who just ran Boeing out of the United States to China. Or General Electric to Canada:

    GE cutting 350 jobs in Wisconsin, moving work to Canada citing US Congress Ex-Im Bank impasse
    Associated Press
    September 28, 2015 — 4:36pm
    Thibault Camus, AP
    GE is laying off more U.S. workers as a result of the shutdown of the U.S. Export-Import Bank.

    WAUKESHA, Wis. — GE Power & Water said it will stop manufacturing gas engines in Wisconsin and move the work to Canada, meaning the loss of 350 jobs in a Milwaukee suburb, because the U.S. Congress has failed to reauthorize the Export-Import bank.

    The plant in Waukesha, Wisconsin builds engines for power generation applications. GE said it plans to build a $265 million factory in Canada over the next 20 months, the Milwaukee Journal Sentinel reported.

    GE blames Congress for failing to reauthorize the U.S. Export-Import Bank that finances sales of industrial equipment.

    "We believe in American manufacturing, but our customers in many cases require Export Credit Agencies financing for us to bid on projects. Without it, we cannot compete and our customers may be forced to select other providers. We know these announcements will have regrettable impact not only on our employees but on the hundreds of U.S. suppliers we work with that cannot move their facilities, but we cannot walk away from our customers," GE vice chairman John Rice said in a statement.

    Rice said the Fairfield, Connecticut-based company continues to urge Congress to reauthorize the U.S. Export-Import Bank for all American companies.

    "However, we must prepare for the worst case and arrange export finance outside the U.S. Unfortunately, this will come at the expense of American jobs. In a slow growth and volatile world, we must go where the markets are and compete in over 170 countries," Rice said.

    GE said the plant closure will be take place over the next 20 months, in phases, and that its decision will not be reversed.

    GE Power & Water is headquartered in Schenectady, New York. Most of the 350 Waukesha manufacturing employees are represented by the International Association of Machinists.

    Union spokesman Frank Larkin said the U.S. Export-Import Bank "was one of those rare government programs that worked as intended; it protected American jobs and returned a profit to the U.S. Treasury. Killing the bank means thousands of U.S. jobs will be needlessly sacrificed for an extreme political agenda."

    Waukesha Mayor Shawn Reilly said he hopes a solution can be reached to retain those jobs.

    "My hope is that this is not a final decision and I will be able to work with General Electric and our state and federal partners to retain those important jobs here," Reilly said in a statement.

    The 81-year-old U.S. Export-Import Bank provides loans, credit guarantees and insurance to aid sales by U.S. companies. The bank's charter expired June 30 when Republican members of Congress, who say the bank benefits only a few large corporations that don't need government assistance, blocked a reauthorization vote.

    http://www.startribune.com/ge-plans-...obs/329816991/

    And to France:

    General Electric Says to Move 500 U.S. Jobs Overseas Blaming Ex-Im Bank Closure

    GE signs financing agreement with France’s export credit agency
    Employees work as a diesel locomotive stands on the final assembly line at the General Electric facility in Fort Worth, Texas.

    By Nick Timiraos
    Updated Sept. 15, 2015 10:46 a.m. ET

    General Electric Co. will move about 500 U.S. jobs overseas to avoid losing business to foreign rivals, a decision the company said was prompted by the lapse of the U.S. Export-Import Bank’s charter earlier this summer.

    For months, GE has said that the failure to reauthorize the export financing agency, which congressional Republicans have singled out as an example of corporate welfare, would force the company to move jobs overseas or risk losing contracts for turbines, power projects and other industrial equipment.

    GE on Tuesday said it had signed an agreement for a line of credit for certain power projects from France’s export credit agency, Compagnie Française d’Assurance pour le Commerce Extérieur, or Coface, which would result in 400 jobs moving to Europe, primarily from facilities in New York, Texas, South Carolina and Maine. It said another 100 jobs would be moved next year from a facility outside Houston to Hungary and China to access export credit for customers of gas turbines used in aviation.

    Executives say the company is bidding on $11 billion worth of projects, mostly in developing nations, and that bids won’t be entertained if they aren’t sponsored by an export credit agency. GE said, for example, that countries where such export credit agency sponsorship is required have accounted for 80% of total sales of those aviation-related turbines over the past three years.

    ”In a competitive world, we are left with no choice but to invest in non-U.S. manufacturing and move production to countries that support high-tech exports,” said John Rice, vice chairman at GE, in a statement on Tuesday.

    http://www.wsj.com/articles/general-...ure-1442322192
    Last edited by Judy; 01-25-2016 at 10:24 PM.
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    Senior Member Judy's Avatar
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    Quote Originally Posted by ALIPAC View Post
    Ted Cruz does not deserve to be treated like this for having stood up to the GOP sellouts in the Senate.

    W
    Actually he deserves far worse than he's getting. Running our best manufacturers out of the country by "leading the fight" to terminate the Ex-Im Bank that these companies use to finance US made exports is not what we need in the US Senate, let alone in the Oval Office.
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    MW
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    Quote Originally Posted by Judy View Post
    Actually he deserves far worse than he's getting. Running our best manufacturers out of the country by "leading the fight" to terminate the Ex-Im Bank that these companies use to finance US made exports is not what we need in the US Senate, let alone in the Oval Office.
    W'eve already had the discussion concerning the Export Import Bank at length. Ted Cruz did the right thing in working to disband it! Boeing is a sell-out and could care less about Americans and our jobs! Hiding behind the Ex-Im Bank is just an excuse for a greedy corporation to make more profit through cheap labor!
    Last edited by MW; 01-25-2016 at 10:43 PM.

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    MW
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    Quote Originally Posted by ALIPAC View Post
    Ted Cruz does not deserve to be treated like this for having stood up to the GOP sellouts in the Senate.

    W
    Of course you're 100% correct on this. It just too bad Trump supporters, with the exception of some like you and I, can't see this. Cruz has don't a lot of good things for us and it's very sad that some folks are now choosing to ignore that.

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    Senior Member Judy's Avatar
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    Quote Originally Posted by MW View Post
    W'eve already had the discussion concerning the Export Import Bank at length. Ted Cruz did the right thing in working to disband it! Boeing is a sell-out and could care less about Americans and our jobs!
    Obviously, Ted Cruz cares even less. So where does that put you?

    Boeing, GE and many others didn't want to leave, they waited through the summer to see if Congress would re-authorize the Ex Im Bank but it didn't. It's still working on it, but not in time to save Boeing, GE and several others who have already announced.
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