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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (1079247)	7/20/2018 6:48:56 AM
From: sylvester80	2 Recommendations Recommended By chronicle Mongo2116 Read Replies (2) \| Respond to of 1583412

BOMBSHELL: Elizabeth Warren Exposes Trump’s Booming Economy As A Fraud THU, JUL 19TH, 2018 BY JASON EASLEY politicususa.com Sen. Elizabeth Warren explained that Trump’s “booming economy” isn’t really booming because the Trump administration policies are making life worse for most Americans. Video: Warren was asked if Democrats were making a mistake by nominating far left candidates, by MSNBC’s Stephanie Ruhle, and she answered: Look, Steph, I believe in markets. I believe in markets right down to my toes. But I also believe markets have to have rules. Otherwise rich and powerful just keep sucking up all the value and everybody else ends up eating dirt. I really have to push back on the premise of your question. I think that big parts of this economy are not working — For the American people. Look, there was a time when Wall Street numbers reflected that the economy overall was doing well. But not so much when not many people own shares of stock, and when corporations are doing well, they no longer share with their employees. There was a time when saying, hey, the unemployment rate has gone down, that’s a great thing. But, you know, when people are working at minimum wage jobs that won’t support them or they’re working two, three, or four jobs to try to pay the rent and keep food on the table, then simply saying the unemployment figures have gone down just doesn’t get you there. The way I see this is the lived experiences of most hardworking Americans across this country are not improving under the trump administration. What’s happening to them is, they’re still stuck with flat incomes and rising core expenses. And the trump administration is helping drive up those expenses. I’ll give you two examples. One on health care. The trump administration has withdrawn federal support to try to keep the price of health insurance low. We’re going to watch people all across this country paying more and more on health insurance in August and September. Big increases are coming. Another one is on education. Betsy Devos sits over at the department of education, and what does she do? She helps enable the student loan outfits that takes advantage of our kids. She helps enable the for-profit colleges that cheat our young so the way I see it, hard-working families, like the kind of family I grew up in, right now they’re getting squeezed harder and harder. There is a difference between having a job, and having a good paying job Sen. Warren was highlighting the distinction between having a job, the unemployment rate, and having a good paying job that allows a family to keep up with rising costs. Trump economic boom argument ignores the fact that for most Americans, the economy is not booming. Wages are not keeping up with increasing prices for everything from gas to food to health insurance. Thanks to Trump’s policies, the American people are spending more on necessities than they did a few years ago. The economic numbers look great on paper, but the reason why Trump’s approval rating is in the dumpster and this issue won’t help Republicans in the midterm election is because people don’t feel like they are prospering. The majority of Americans see a Republican-run federal government that doesn’t care about them and is making their lives worse. The Trump economic boom is a fraud that isn’t going to fool voters on election day.

To: longnshort who wrote (1079247)	7/20/2018 6:58:49 AM
From: Mongo2116	3 Recommendations Recommended By Celtictrader Heywood40 sylvester80 Respond to of 1583412

remember FOX NEWS WAS ATTACKING BARACK OBAMA FOR USING DIJON MUSTARD AT THIS POINT IN HIS PRESIDENCY BY CHRIS RIOTTA ON 6/9/17 AT 10:54 AM Barack Obama eating a 'medianoche' sandwich while eating lunch at Kasalta Bakery during a visit to San Juan, Puerto Rico, June 14, 2011.SAUL LOEB, GETTY SHARE

To: longnshort who wrote (1079247)	7/20/2018 6:59:37 AM
From: sylvester80	2 Recommendations Recommended By Celtictrader Mongo2116 Respond to of 1583412

LOSING..Tariffs Eat Away at Profits for Alcoa, America's Largest Aluminum Maker By BLOOMBERG July 19, 2018 U.S. aluminum tariffs that were meant to protect the industry from foreign competitors are instead taking a bite out of the earnings of the nation’s largest producer. Alcoa Corp. lowered its 2018 profit projection as tariffs on imported aluminum present what Chief Executive Officer Roy Harvey is calling a “significant” headwind. The manufacturer has been hit with $15 million so far on material it produced mostly in Canada and shipped to the U.S. The company also cited higher energy costs and lower aluminum prices for the cut. The forecast adds to concerns for commodity investors over the potential impact of the tariffs, with metal prices and producer shares languishing amid growing concern that a trade war could hamper economic growth. Harvey zeroed in on the levies slapped on shipments from Canada, where Alcoa was expected to make 28 percent of its primary aluminum this year, according to Bloomberg Intelligence. “Everyone assumed as did we that there would be an exception in place for Canadian production, so that has turned out not to be the case and that is a pretty significant impact for us,” Harvey said in a phone interview. Adjusted earnings before interest, tax, depreciation and amortization is forecast to be $3 billion to $3.2 billion, down from a previous estimate of $3.5 billion to $3.7 billion, Alcoa said in a statement Wednesday. Harvey said that while demand remains robust, there are concerns that industrial customers could eventually move operations outside of the U.S. so they can buy metal that’s not subject to the duties. At the same time, the Pittsburgh-based manufacturer reported higher-than-expected sales and earnings for the second quarter. This perfect platter is sure to please any party people. Tangy brie. Melt-in-your-mouth prosciutto. And -- of course -- refreshing Stella Artois beer. They're all integral parts of the perfect charcuterie plate. From Stella Artois “Uncertainty continues to exist in the global supply chain due to U.S. tariffs and ongoing alumina supply disruptions in the Atlantic region,” the company said in the statement. Aluminum has slipped about 25 percent from an almost seven-year high reached in April in the wake of U.S. sanctions on Russian producer United Co. Rusal. Alcoa fell 0.9 percent at 7:10 p.m. after the close of regular trading in New York. The shares declined 11 percent this year through the close. Century Aluminum Co., the second-biggest U.S. producer, fell 1.6 percent in late trading. The company also said it sees a deeper global production shortage in the metal this year as it pared its outlook for excess supply coming out of China. Demand will exceed supply by 1.1 million to 1.5 million metric tons, Alcoa said Wednesday in its earnings presentation. That compares with an April forecast for a deficit of 600,000 to 1 million tons.