Tag: Main Street

On Tariffs, It’s Good to Be “Tim Apple”

Tina Marie (Ms. Cat)

Tariffs are advertised in the name of helping American workers, but what do you know? They turn out to favor the powerful and politically connected. That’s the main message of President Trump’s decision to exempt smartphones and assorted electronic goods from his most onerous tariffs.

On Tariffs, It’s Good to Be Tim Cook

Related:

Tim Cook gifted Donald Trump a $6,000 Mac Pro after he lowered tariffs on parts Apple needed from China

At the time Apple and Cook were applying a charm offensive to persuade then-President Trump to remove tariffs on certain components that came from China. Cook asked Trump if he could meet him in person to make Apple’s case, a gesture the former president found “impressive,” he told Bloomberg. Trump was particularly pleased at the time that Cook reached out, especially considering his acrimonious relationship with other tech CEOs. 

[2019] Apple dodges iPhone tariff after Trump confirms trade deal agreement with China

Although the trade deal affects billions of dollars worth of goods, it’s a particular victory for Apple CEO Tim Cook, who has personally worked to keep communication open with the Trump administration. Cook’s charm offensive culminated last month when he gave Trump a tour of a Mac Pro assembly plant in Texas. That computer is assembled in the United States, and Apple was granted tariff waivers for several of its components.

[2014] If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K

Tina Marie (Ms. Cat)

Apple has 98,000 employees and earned $39.5 billion after tax over the past year. If Apple was a worker cooperative, then each employee would’ve received a $403,000 dividend on top of their salaries. Even the lowest paid worker would’ve earned at least $403,000 in Apple as worker cooperative.

If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K

Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs

Tina Marie (Ms. Cat)

Fed Chair Powell Misleads House Hearing on Wall Street’s Bailout Programs

It’s factually incorrect for the Fed Chairman to say that it can only make emergency loans with the approval of the Treasury. Months before there was any case of COVID-19 anywhere in the world the Fed was making hundreds of billions of dollars a week in emergency repo loans to Wall Street trading houses. The emergency loans started on September 17, 2019 – four months before the first reported case of COVID-19 in the United States. By January 27, 2020 the Fed’s ongoing cumulative loans to bail out Wall Street’s hubris tallied up to an astounding $6.6 trillion. (See Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That’s 34% of Its Feeding Tube During Epic Financial Crash.)

Top U.S. Officials Consulted With BlackRock as Markets Melted Down

Tina Marie (Ms. Cat)

Top U.S. Officials Consulted With BlackRock as Markets Melted Down

While some conversations were previously disclosed, the newly released emails, together with public calendar records, show the extent to which economic policymakers worked with a private company as they were drawing up a response to the financial meltdown and how intertwined BlackRock has become with the federal government.

Judas and the Black Messiah exposes Black Lives Matters for the establishment-controlled bourgeois bulls**tters that they are

Tina Marie (Ms. Cat)

By Michael McCaffrey | RT | February 15, 2021 The new Black Panthers movie is one of the best of the year. But it’s being critically misinterpreted in order to scuttle working class solidarity in favor of maintaining the status quo through racial hysteria.

Judas and the Black Messiah exposes Black Lives Matters for the establishment-controlled bourgeois bulls**tters that they are