Drudge Retort: The Other Side of the News
Friday, December 07, 2018

The amount of offshore cash U.S. corporations have returned home so far this year is just a fraction of what President Donald Trump had promised. A Morgan Stanley report released Thursday estimates companies brought back from $50 billion to $100 billion in the third quarter -- which would bring the total repatriated back to the U.S. to as little as $514 billion, based on previously released figures for the first and second quarters from the Commerce Department.

Advertisement

Advertisement

More

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Of course not. His claim never made sense. It's still cheaper to borrow money than to bring it back. And it's way better to spend other people's money because if your investment fails then you can just pull a Trump and stiff those you owe.

#1 | Posted by johnny_hotsauce at 2018-12-07 12:07 AM | Reply

What else is new?

#2 | Posted by fresno500 at 2018-12-07 10:10 AM | Reply

You Just Wait

Mark My Words

He Never Said That

It Would be way Worse if a Democrat bla, bla

OBAMA did it

--- "conservative" script

#3 | Posted by ChiefTutMoses at 2018-12-07 10:56 AM | Reply | Newsworthy 2

I've learned, never believe anything Orange Hitler says. His words are meant to impress his base who are so stupid he could claim to be broadcasting from Mars and they'd believe him.

#4 | Posted by danni at 2018-12-07 11:04 AM | Reply

Fat Nixon lied again?

INCONCEIVABLE!

#5 | Posted by 726 at 2018-12-07 11:12 AM | Reply | Funny: 2

"Related video: Lowering corporate taxes finally gives workers a level playing field, Trump says"

What the actual ----?

He is just throwing ---- out and seeing what will stick now.

#6 | Posted by 726 at 2018-12-07 11:14 AM | Reply

#5 726

I do not think that word means what you think it means. LOL

#7 | Posted by ND_Perspective at 2018-12-07 11:31 AM | Reply

"He is just throwing ---- out and seeing what will stick now."

Now? That's been his M.O. for decades.

#8 | Posted by Hagbard_Celine at 2018-12-07 11:39 AM | Reply

It's still cheaper to borrow money than to bring it back. And it's way better to spend other people's money because if your investment fails then you can just pull a Trump and stiff those you owe.

#1 | Posted by johnny_hotsauce

Bring it back at 20% or borrow it 3%. Now that is a 'no brainer'.

#9 | Posted by Sniper at 2018-12-07 11:44 AM | Reply

Bring it back at 20% or borrow it 3%. Now that is a 'no brainer'.

So you agree donald's tax plan is stoopid?

#10 | Posted by REDIAL at 2018-12-07 11:50 AM | Reply | Newsworthy 2

Advertisement

Advertisement

Every person here knows he is an exaggerator. Just like Obama and keeping doctors; everyone knew it was a dumb thing to say. Expecting differently from promises of politicians only makes you the fool.

Yet it seems people also want to ignore the fact that over $500b has been repatriated. Those same people ignoring that are the same people who bitch about programs that they consider terrible because the opposing party spent a few billion here or there. It's funny how $500b is nothing and can be ignored but when it comes to a few hundred million that farmers have had issues with, it's a HUGE issue and Trump is terrible.

Context and logic are great friends, some of you should meet them.

#11 | Posted by humtake at 2018-12-07 12:06 PM | Reply

One of the main reasons for incorporation is the ability to take enormous risk and if it pays off you say see what I did and take the winnings but if it fails you can say the corporation did that I'm not responsible. No CEO ever ends up homeless when their bad decisions bankrupt a corporation. Its the other investors who get hung out to dry.

#12 | Posted by hatter5183 at 2018-12-07 12:14 PM | Reply

"Every person here knows he is an exaggerator. Just like Obama and keeping doctors; everyone knew it was a dumb thing to say." - #11 | Posted by humtake at 2018-12-07 12:06 PM

Don't seem to remember President Obama racking up 5,000 false or misleading claims in less than 2 years in office.

When was that?

#13 | Posted by Hans at 2018-12-07 12:14 PM | Reply

Yet it seems people also want to ignore the fact that over $500b has been repatriated.

Wasn't a giant tax break given to these megacorporations in exchange for the repatriation? So if it doesn't wind up producing the promised results, perhaps the tax windfall to those who hid their money from the US should not have occurred? Just a thought

#14 | Posted by JOE at 2018-12-07 12:21 PM | Reply

Yeah those companies "repatriated" $465b but they've done nothing with it... except sit on it... or spent on buyback shares... ergo...whoopeedoo... dumb@$$

Carry on with your stupid.

#15 | Posted by RightisTrite at 2018-12-07 12:29 PM | Reply | Newsworthy 2

"Just like Obama and keeping doctors;"

So tired of that crap. I still have the same doctor I had before Obamacare. Anyone with two brain cells functioning knows that if you switch insurance carriers you will have a new list of approved doctors, that isn't new, it isn't because of Obamacare. It is the way insurance has operated for 50 years. That talking point is as dumb as "death panels" and needs to end here. Don't be stupid enough to keep repeating it, it just makes you look dumb.

#16 | Posted by danni at 2018-12-07 12:37 PM | Reply | Newsworthy 1

"Just like Obama and keeping doctors;"

So tired of that crap. I still have the same doctor I had before Obamacare. Anyone with two brain cells functioning knows that if you switch insurance carriers you will have a new list of approved doctors, that isn't new, it isn't because of Obamacare. It is the way insurance has operated for 50 years. That talking point is as dumb as "death panels" and needs to end here. Don't be stupid enough to keep repeating it, it just makes you look dumb.

"It's funny how $500b is nothing and can be ignored but when it comes to a few hundred million that farmers have had issues with, it's a HUGE issue and Trump is terrible. "

And that 500 billion benefited most Americans how? It was used as we predicted, stock buy backs and dividends to share holders. Hey, GM is going to lay off 15,000 workers, thanks Trump. That's working out real well for American workers.

#17 | Posted by danni at 2018-12-07 12:40 PM | Reply

Yeah those companies "repatriated" $465b but they've done nothing with it... except sit on it... or spent on buyback shares... ergo...whoopeedoo... dumb@$$
Carry on with your stupid.
#15 | POSTED BY RIGHTISTRITE AT 2018-12-07 12:29 PM | REPLY

all they did is change which page of the financial report the money is on. The Country has not seen any benefit from it

#18 | Posted by hatter5183 at 2018-12-07 11:33 PM | Reply

My companies CEO and chairman of the board used the tax cut to give himself a 114 million dollar severance package when he "retires" in April, after stock dropped over $120 a share. He also committed insider trading on 4 different occasions.

#19 | Posted by aborted_monson at 2018-12-08 01:15 AM | Reply

My companies CEO and chairman of the board used the tax cut to give himself a 114 million dollar

Don't tell me he didn't work hard enough to tank stock prices to justify $114 million in severance.

I'm told CEOs deserve the high payouts because they work so much harder than everything else.

#20 | Posted by jpw at 2018-12-08 01:25 PM | Reply

It's still cheaper to borrow money than to bring it back. And it's way better to spend other people's money because if your investment fails then you can just pull a Trump and stiff those you owe.
#1 | Posted by johnny_hotsauce
Bring it back at 20% or borrow it 3%. Now that is a 'no brainer'.

POSTED BY SNIPER

Yet you still continue to buy Trump's bs hook, line and sinker.

#21 | Posted by johnny_hotsauce at 2018-12-08 04:18 PM | Reply

One has to be a FAS inbred ------ to believe anything the Orange Menace sez. Without all of these defective American genes, Trump would have never been elected.

#22 | Posted by getoffmedz at 2018-12-09 10:14 AM | Reply

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2018 World Readable

Drudge Retort