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Political Discussion
Reply to "Difference between Trump/Boeing and Obama/Coal?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We can argue the Constitution and Executive Orders issues until the cows come home but NONE of that is relevant here. You cannot make the comparison that OP wants to make. Consider this - based on his tweet, Boeing's stock price dipped temporarily. If I get time, I will look at how Boeing traded volume-wise after his Tweet. If I am a significant Boeing investor or employee, I am pissed. He impacted the stock price with a ill-advised misinformed tweet. He lost people money - at least temporarily. What he has to get is that he is soon to be the POTUS and his words can shake the markets. Tweeting about what he is going to do to certain companies is market manipulation pure and simple. I suspect that he will soon get a nice letter from the SEC and the OGE. If he want to do procurement reform, I am all for it. THIS was not that. [/quote] Its a shot across the bow. He knows exactly what he's doing, with this and the Taiwan call. He's telling a lot of folks that business as usual is coming to an end.[/quote] THis argument would be a lot more plausible if it hadn't turned out that the Taiwan call was arranged by a pro-Taiwan lobbying firm. And, there's nothing revolutionary about reviewing expensive defense contracts, especially when a new POTUS comes into office. Obama did the same thing with a Lockheed helicopter contract when he came into office. Difference is, he did not do it by denigrating Lockheed in a public way and hurting a US-based company. Instead, his DoD performed a review of the program and ultimately selected a much lower cost contract from Sikorsky.[/quote] This is NYC and Northeast US negotiating in general, if you have ever spent time there. In short, they tell their negotiating partner how horrible their product/service/transaction is then ask for concessions. Not a particularly enjoyable way to do business, but it's what they do. [/quote]
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