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Tuesday, December 06, 2016

President Trump announces $50 billion Japanese investment in the USA

About those jobs the media said were never coming back. Wrong.

The same media that said Trump could not win the nomination -- the same media that said Trump could not beat Hillary on the very day he beat her -- has once again been proven wrong.

I am not talking about Carrier -- although the media was wrong about that, too, I am talking about a new investment of $50 billion by the Japanese.

President Trump met with SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son this morning and -- boom -- there it is.

Fifty thousand jobs coming.

Media was caught flat-footed.

From Alexander Maxham:
Since the election ended, and Donald Trump became President-Elect, there’s been a lot of talk about what this new administration will mean for wireless. Many analysts believe that the Trump administration will allow for some consolidation in the wireless industry, something that the Obama administration was against. However, Trump did say on the campaign trail that he would block the AT&T-Time Warner merger if he won the presidency. So there’s some mixed signals here. Now we’re learning that SoftBank’s CEO, Masayoshi Son is set to meet with the President-Elect on Tuesday in New York City. It’s not known what will be on the agenda for this meeting with President-Elect Trump on Tuesday, but one would have to imagine that acquiring T-Mobile is high on the list.
And I loved this part:
There likely won’t be much news coming out of this meeting, other than from “people familiar with the matter.” But Son could be setting up for some more investments in the US.
“People familiar with the matter” is how lifer politicians handle reports on meetings.

President Trump doesn't play that game.

He has his own game called Twitter.


Have a little fun. Read "Trump the Press," in which I skewer media experts who wrongly predicted Trump would lose the Republican nomination. "Trump the Press" is available as a paperback, and on Kindle.

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  1. Americans. Doing the jobs Japanese won't do. Because there won't be enough of them (not having babies).

  2. Successful international businessmen think a lot alike and they know when there is money to be made. Mr. Son is not doing this out of the goodness of his heart or any friendship with President-Elect Trump. He is investing in America because he believes that he can earn money on his investment. The fact that we now have a pro-business President rather than a President who espouses confiscatory taxation and onerous regulatory burdens is the primary reason he is making his move now. Look for more investment in America as other countries where the business climate is stagnant seek to get in on the ground floor of an American economy invigorated by President Trump and his pro-business policies. President Coolidge was right when he said “the chief business of the American people is business.” Get ready for an era reminiscent of The Roaring Twenties. - Elric

    1. Here's the take on the deal from Business Insider:

      Added bonus: several U.S. stocks jumped up on hearing the news. Is it too soon to start humming "Happy Days Are Here Again?"

      - Elric

    2. With Trump in charge, the US is going to go from one of the most heavily-taxed and overregulated business climates, to the best place in the world to invest and do business.

  3. Say Don...I got a good chuckle out of this when I read it.
    This guy (Donald Trump)is make that superb!
    He catches the media/Beltway loafers flat footed every time; and y'know what else?, He's entertaining.
    Makes my day...and I live in Canada!

    Sam C

    1. Go south, young man! Canadians are more than welcome here. You're hardy, hard working folks and this is where the action is gonna be for the next four years! Molsons are on me, brother...

  4. Donny does it to the press and the Dems One more Time.

  5. Trump is to Twitter what FDR was to radio.

    -Mikey NTH

    1. I hope that's not entirely true. FDR used his broadcasts to lie to the American public. His policies put/kept the country on the road to ruin.

  6. The news seems to be all Trump--all the time. They can't help themselves and he knows it.

    Just remember, he has not yet been sworn in and
    he's already making people ask the question: "Barack who?"

  7. Steve in GreensboroDecember 6, 2016 at 3:59 PM

    Trump is to the Media what Diazinon is to cockroaches.

  8. The MSM trying to stop Trump reminds one of Yosemite Sam going up against Bugs.

    "Blast your ornery hide, if ya does that just once more … I ain’t a-going after it”

  9. Trump is going to have more presidential positive accomplishments before he enters office than obozo the clown did in 8 years.

  10. While Trump negotiates new business deals like a boss and running rings around the moron obozo, who was completely clueless on business jobs economy and finance, the mainstream media mental patients gaze in dumbfoundment -- breathing through their mouths, drooling, and catching flies.

    1. He wasn't clueless, he was against business, jobs, and finance (except for campaign contributions.

  11. As regards the Kenyan...

    Next time an unknown hits the hustings with grand eloquent promises of fundamentally changing the fabric of one's country, it would be prudent to inquire as to exactly what they have in mind and who its going to affect and how.

    Unfortunately there appears to be a fair few folks out there who don't seem to understand the seriousness of their voter franchise.

  12. What kind of jobs? I hate to throw cold water, but they could be low pay call centers.