This may be the most anti-worker, anti-middle class cabinet in History. The Labor secretary nominee opposes higher minimum wage, overtime rules, and ACA. http://money.cnn.com/2016/12/08/news/economy/andrew-puzder-trump-labor-secretary/index.html Foxes running the Hen House is the analogy need for Trump's cabinet.
Is the Hardee's guy a billionaire? As was pointed out on MSNBC almost all of Trump's cabinet appointments have been billionaires or ex military generals. They have no ability to relate to the lives of their little guy fans like Rocketslegend, bigtexx, mojo etc. What was it again that you call a government run by a fusion of the military and the corporations?
find me the poor guy who has experience to run an operation with probably a couple hundred employees.....
No. Mitt Romney plays at the billion dollar level. Start-up funds and commercial banks are at an SBA level.
Aww c'mon, you know if Hillary had been elected then she'd have picked the homeless guy living under 59 at Westpark to be her Secretary of State.
VC funds can grant as small as $20k. I am not sure you know how lending works to small business and what it takes to qualify. I was approved for $25K SBA loan despite my business having a fraction of that revenue. Furthermore, SBA doesn't lend money, it's the commercial bank. SBA only serves to bless the loan and provide the banks with some risk protections. The commercial bank actually is the one providing the loan.
You dont want government to run like a business. By nature, business is design to make a profit. Government runs best when it breaks even (surplus goes back to the tax payer). If you come in and try to make a profit with government...you are going to do things that will screw the middle class and the poor.
Government are not in the business of making a profit. Any "profit" should go back to the Taxpayers. You can keep a certain amount in Surplus......but it is not in the government's design to hold taxpayer money that should be returned. Hence, breakeven or balanced budget.
You are right. They guarantee loans. They are still generally referred to as SBA loans, which in many cases get better than market rates as a result of the SBA subsidizing and guaranteeing the loans. However, all this misses the point that we were discussing, which is the ideal characteristics of someone to head the SBA. I only outlined the basic functions of the SBA to point out that a banker would not be bad, but they already have bankers and VC companies that provide this financing, so that would be redundant. I thought your idea suggesting a finance person was good. However, I suspect what would be better is someone that can somehow promote the creation and development of successful new businesses, as that is actually the mission of the SBA. Once again: "The SBA helps Americans start, build and grow businesses." That is their purpose. So, not to take anything away from your very legitimate and consideration-worthy suggestion, but perhaps someone with background in entrepreneurship and marketing might be a better background. Will Linda McMahon do anything noteworthy in this job? Who knows. Once again, this may well be just a straight political payback appointment. How can we really know for sure at this stage? But she does have an interesting background and some very good experience for this sort of thing, so I am certainly willing to give her a chance. I like most of the rest of Trump's picks so far. So based on that and the fact that I cannot think of anyone who is a more compelling fit for the job, I am willing to support the pick and wait for the results.
Trump picks Representative Cathy McMorris Rodgers (R-WA) to be the Secretary of the Interior. She is the vice chair of Trump's transition team and she is the Chair of the House GOP. This seems like a relatively uncontroversial pick, unless someone is objecting just because she is not a liberal Democrat. However, I have to say I am a little disappointed, as I really think Sarah Palin would have been a fantastic pick in this spot. But Cathy McMorris Rodgers will be just fine. So Trump and the Republicans see the opportunity for job growth even in their agenda regarding the Department of the Interior.
I don't know about that. Utilities will probably be among the big players in renewables when it's mature. The owner of much of that West Texas wind (and the transmission to get it to the Dallas market) is FPL, which owns one of the more powerful utilities in the country, Florida Power & Light, and is currently acquiring Dallas' Oncor. The utility death spiral is a crisis averted. The utilities are winning. But they don't want regulation to push them faster than is financially optimal for them. Many of them have coal plants they can still squeeze a few years of profitability out of. They aren't going to build new ones, Trump notwithstanding. New build is all going to be gas and renewable. But those 60 year old coal plants can help profits until that other stuff is in the ground.
From the perspective of 12/16, you are correct as I responding the a conversation that was recorded over a year ago. However this battle has been brewing for over 8 years since minimum renewable standards were implemented under Bush Jr on top of trying to give credits at the state level for rooftop solar. Folks like Pruitt don't believe in these type of minimum standards. Again, here in 12/16 the utilities companies that haven't gone bankrupt switched over to natural gas. Then you can throw in climate change as another hot button issue for those folks.
The BIG Lie: Utilities are struggling. Bullshit. They are making profits hand over fits. Hotter summers are causing record billing for them. Investor-owned Utilities have streamlined their work force to the bone to maximize profit for investors (over-working their employees). A few have realized this and are starting to add employees back. Natural Gas prices have cut their generation cost dramatically. Most have been moving away from coal because NG is cheaper and cleaner anyway. Wind and Solar are already being invested in. If you setup a Solar array at your home or business, the utilities will PAY YOU for your extra energy you produce.
It didn't seem that way several years ago. Utilities were worried about roof top solar installation and if the government (local, state, or federal) would subsidize. They were worried standards would be raised that would hurt them in terms of coal.
So, is this the reason so many are upset with Trump's selection for labor secretary? I thought Trump's people were supposed to be knuckle-dragging mouth-breathers with below average IQ's. Why are they partnered with some of the largest tech companies? Are they trying to introduce technology to their businesses? Makes no sense? Trump lied.
