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Hoyt

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Member since: Thu Jan 20, 2005, 09:46 PM
Number of posts: 44,639

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If it makes you feel better, he lost $20+ Million in past two days. If he sells

the stock, he’ll pay taxes and at much higher rates if he does it in next year or so; assuming Kodak shares remain above $5 or so, we are pretty much guaranteed to get the loan repaid; and we’ll be bringing some jobs home from foreign countries.

And, if the deal broke any laws — and that’s a big “if” since this looks, at least on surface, like a common big tech arrangement that saves a struggling company lots of money if things don’t work out this way — it’ll be easy to prosecute.

Don't really think that is going to happen. I do know that if a company promises to pay medical

benefits in the future, that is accounted for as a liability. State and Local Governments were required to do the same thing in the mid-2000s (Governmental Accounting Standards Board (GASB)).

The Post Office should do the same.

In any event, I don't see it as a terrible requirement for the USPS to release pricing data to receive a $10 B loan that gets them at least through the year. That requirement seems mostly symbolic since trump could pick up the phone, call his recent Postmaster appointee and say send it to me. In fact, I bet the feds already have it.


Info on GASB rules on Local and State Government accounting for retiree benefits: https://www.cbpp.org/research/accounting-for-the-cost-of-retiree-health-and-other-benefits-gasb-45

A new song for the times -- BLM, Corona, trump.

Actually, in the afternoon session, Mueller opened up a lot, not only on Obstruction, but also

the real crime -- working, encouraging Russians. In his report, he pretty mush let trump and the campaign completely off the hook for conspiracy, collusion, cooperation, whatever you want to call it.

In afternoon, he either said, or answered, "Yes" to several questions about trump being unethical, immoral, unpatriotic, and pretty darn close to criminal.

As far as Obstruction, pretty much during both hearings, he was saying -- "Look, do I have to spell it out for you, Congress has to decide what to do with Obstruction."


He pretty much wimped out with his Report, but he was much less wimpy in the afternoon. Maybe he was just getting tired of the whole thing.

In any event, just happy I'm not hearing some ignorant media talking head using the term "Four Corners of the Report," over and over, trying to sound like an insider.

I agree, that's the real threat.

Have you read about tribunals and looked at the cases that arose under NAFTA.

No country lost their sovereignty.

My cat is named Atticus.

+1.

I wish you success in straightening the mess out with all your answers.

Don't really see Obama is "pushing" it. His admin is involved in talks, as well they should be.

He won't get fast track authority, nor can anyone show he actually wants it. At some point, if he comes out "pushing" a genuinely "crappy" trade deal, I'll jump on the trash Obama bandwagon. At this point, I don't think he's sold us down the river as some insinuate.
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