Trump Makes Deal For 50,000 New Jobs

President-elect Trump has been working hard and making business deals to bring a plethora of jobs to the American people – something which should be considered a job requirement of the President of the United States, but seems to have been lost since the Reagan administration, until now.

Trump has saved jobs at Carrier, Ford, and Nabisco already, but this latest deal could be the cream of the crop, at least so far.

Donald Trump announced that a Japanese telecoms and Internet firm, SoftBank Group Corp., plans to invest a staggering $50 billion in United States businesses and create approximately 50,000 new jobs.

The $50 billion would come from a $100 billion investment fund SoftBank Chief Executive Masayoshi Son set up with a sovereign-wealth fund.

Trump was thrilled with the deal when he announced it from the lobby of his Trump Tower in Manhattan where he’s been meeting with a wide range of people from both sides of the aisle, including world-wide business moguls like Son.

Son’s SoftBank is a diverse company that holds stakes in Sprint, Chinese e-commerce giant Alibaba, and other firms.

From his tower, Trump glowingly announced:

“Ladies and gentlemen, this is Masa from SoftBank of Japan, and he’s just agreed to invest $50 billion in the United States and 50,000 jobs.

 

… He’s one of the great men of the industry, so I just want to thank you very much.”

Son was also in the Trump Tower lobby with the President-elect to greet reporters.

Son announced to reporters:

“I just came to celebrate his new job.  We were talking about it.  Then I said I would like to celebrate his presidential job and commit, because he would do a lot of deregulation.

 

I said this is great.  The United States would become great again.

 

We are going to invest $50 billion into the U.S. and commit to create 50,000 new jobs.”

In response to the announcement, U.S.-listed shares of SoftBank went up and were trading at highs of 31.19, which was up 3.7 percent.

Earlier, SoftBank had hoped to merge T-Mobile and Sprint together to rival Verizon and AT&T, but Sprint became aware that T-Mobile would reject the deal.

Shares of Sprint – which SoftBank purchased the majority stake of Sprint for $22 billion in 2013 – also reached highs after the announcement.

In 2014, the Obama administration rejected an attempt by Son to merge Sprint and T-Mobile US Inc., the nation’s No. 3 and No. 4 wireless companies.

SoftBank announced on Nov. 7th, the day before the U.S. election, that they planned to make future large-scale investments via the $100 billion tech fund, rather than on their own, to avoid growing an already bloated debt.

Should the technology investment fund grow as large as $100 billion, it would be one of the world’s largest private equity investors and a potential kingpin in the industry.

Son insisted back in October the fund, “will be the biggest investor in the technology sector.”

Now that the Obama administration’s regulations will be dismantled by Trump’s administration, we can all expect more of the same type of deals to pour into the United States and create an economic boom.

Do you think this is just a sign of things to come?

Tell us what you think in the comments below.

  • Diane McKaye

    Kind a just grabs you by the BOO-Boo dont it you Liberal tards

    • BOC

      No, it doesn’t grab us at all.

    • Hillyard Hellraiser

      No, their afraid they might have to go get a job.

  • Bud William

    Bring it on, it is about time to get this country’s economy moving. Just the beginning of making America Great AaaaaGainnnn.

  • Rich Olmsted

    Trump: Inspiration, prosperity, positivity, accomplishment. Oblama / Clinton: Depression, poverty, negativity, corruption, failure.

  • BOC

    This ‘Pump-Trump’ business crusade is very misleading and disingenuous. The Carrier deal in Indiana is a good example. First and foremost he hasn’t been sworn in as POTUS yet. He needs to stand down and stay in his private business lane. He’s dishonoring the office of the current president of the United States.

    • Sharon Jeanguenat

      That’s impossible to do. Obama has done nothing but make the President a laughing stock around the world. And, to quote you lefties in ’08, AND ’12, we won, you lost! So get over it!

      • BOC

        Sharon, stop showing your Sarah Palin mentality. POTUS 44 was recognized by his allied peers as the most effective leader of the free world. After meeting with Trump in the oval office, POTUS 44 and Michelle decided against WDC and opted for California. Why, because he wanted to get as far away from the Donald as possible. He saw being close ment he would still be working full-time as a white house advisor.

        • mainefishman

          The most effective leader? Really? Do you work for the New York Times?

          • BOC

            No, I’m just well read.

          • Kitty

            LOL.

          • Kitty

            No, he works for George Soros and the Clinton foundation.

        • Kitty

          You are so full of sh–. it has nothing to do with PE Trump. He is moving to CA to be near the rest of the radical liberals, including millions of illegals who voted for Killary. It will also make it more convenient for him to fly to HI to his “vacation” home which is in fact a mansion paid for in part by Soros.

          • BOC

            He’s staying in D.C until Sasha graduates high school. Soros? GET A HOLD OF YOURSELF.

      • BOC

        Two million voters call you a liar!

      • BOC

        Okay, so you publish without thinking first.

    • mainefishman

      Well the big question my friend is why have Obama,Harry and Nancy show been able to do these sort of things? Oh yeah Solindra!

      • BOC

        It’s Solyndra, which was a W. Bush deal gone awry. POTUS 44 was left with the mess, which was one of many left by 43, he had to clean up.

        • Kitty

          Wrong. It was an alternative energy company that BHO started and threw away millions of our tax payer dollars.

          • BOC

            Check my response above to, mainefishman.

          • BOC

            The recovery act amended the Energy Policy Act of 2005 to create section 1705 for “commercially available technologies,” as the Energy Department explains on page 12 of a 2009 report on stimulus funding. The stimulus provided more funding for the loan guarantee programs. The loans under the new program also came with no credit subsidy fees, making them more attractive and less expensive than those under the program signed into law by President Bush. It was under this program that Solyndra was able to get financing, although the company initially applied under the section 1703 program.

          • Kitty

            It doesn’t matter. In the end they failed all employees let go, and all of the executives (friends of BHO) made millions from our tax payer dollars!!

          • BOC

            You’re being a ‘Airhead’ again. You can’t support any of this with citations.

        • mainefishman

          I think that you are mistaken in a few facts and yes I spelled Solyndra incorrectly, but Obama approved the loan guarantee in 2009. I am not going to stand up for George for he thought that it was a good idea as well. The two of them were irresponsible big spenders with my tax dollars and I for 1 am sick of it. Wasteful spending inside of the beltway is the norm and has been for at least 16 years. Please pay attention to things that are relevant not who uses what bathroom!!!

          • BOC

            The Department of Energy has loaned $34.2 billion to a variety of businesses, under a program designed to speed up development of clean-energy technology. Companies have defaulted on $780 million of that — a loss rate of 2.28 percent. The agency also has collected $810 million in interest payments, putting the program $30 million in the black.
            When Congress created the loan program under the Energy Policy Act of 2005, it was never designed to be a moneymaker. In fact, Congress imagined there would be losses and set aside $10 billion to cover them.

            The conservative group Americans for Prosperity produced a television ad accusing President Obama of paying back campaign contributors. There was an FBI raid on Solyndra headquarters and an investigation but, so far, no prosecutions. Now that the loan program is turning a profit, those critics are silent.

            The Energy Department actively monitors all the companies in its portfolio for potential default risks, and when there are warning flags, and then the disbursements are suspended. Despite early missteps, the Department of Energy is still investing in more projects that could advance clean energy technology in the U.S. A couple of years ago, they still had $40 billion to lend to eligible companies.

          • BOC

            The government was expected to recoup $27 million under the Solyndra restructuring plan, or up to 100% of loaned funds from a $1.5 billion lawsuit filed against Chinese solar-panel makers for alleged price fixing. The outcome of the lawsuits were that: In November 2015 Yingli Green Energy Holding Co Ltd. settled a claim filed by Solyndra for $7.5 million; in April 2016 Trina Solar Ltd. settled a claim filed by Solyndra for $45 million; as of April 2016, Solyndra’s suit against Suntech Power Holdings Co Ltd. has not yet settled.

            Besides, the recovery act amended the Energy Policy Act of 2005 to create section 1705 for “commercially available technologies,” as the Energy Department explains on page 12 of a 2009 report on stimulus funding. The stimulus provided more funding for the loan guarantee programs. The loans under the new program also came with no credit subsidy fees, making them more attractive and less expensive than those under the program signed into law by President Bush. It was under this program that Solyndra was able to get financing, although the company initially applied under the section 1703 program.

      • BOC

        Scroll up for my response to others, which are the real facts.

      • BOC

        The Painful Truth!
        The recovery act amended the Energy Policy Act of 2005 to create section 1705 for “commercially available technologies,” as the Energy Department explains on page 12 of a 2009 report on stimulus funding. The stimulus provided more funding for the loan guarantee programs. The loans under the new program also came with no credit subsidy fees, making them more attractive and less expensive than those under the program signed into law by President Bush. It was under this program that Solyndra was able to get financing, although the company initially applied under the section 1703 program.

    • Hillyard Hellraiser

      That office has already been dishonored for the last 8 years.

      • BOC

        According to whom? Please, don’t let it be you, with no credentials.

      • BOC

        That office was dishonored for 8 years under W. Bush and POTUS 44 REVIVED IT.

      • BOC

        Wrong! That was the W. Bush years. Go look at the economic and unemployment data; do a comparison analysis between 43 Vs 44.

    • freethinker4

      He’s actually doing his job reminding them when in office the new tax rates will be implemented that costly regulation of no value other than governmental control will be gone. Trump is standing by his campaign promises unlike your standard worthless politician. Sadly as Obama mocks him saying we can’t keep manufacturing jobs here free trade is the future at the cost of Americans becoming poorer. Obama dishonored this country and the people. What do you want for the people and country?

      • BOC

        NAFTA, definitely was(is) Shafta.
        TPP is no better, but very similar in approach and execution. Bad deals, ‘all-the-way-around.

      • BOC

        “He’s actually doing his job reminding them when in office?”

        That’s just it, he isn’t in office. He’s disrespecting the office with his ‘rebel-rousing’ behavior.

        • Kitty

          You are an idiot. Trump has done more for Americans in 3 weeks as PE then BHO has done in 8 years. You should be happy he is saving/creating jobs for Americans!! What are you an illegal?

          • BOC

            He’s done nothing but PR. He’s not in office to do anything yet. Stop being a ‘air-head’.

          • Kitty

            You are the air head, brain-washed by the far left.

          • BOC

            No, kitty I deal in facts and truth. He’s not the POTUS yet, come-to-terms with it.

          • Kitty

            Does not matter. He has a right to speak about his policy plans. Companies responding positively to his plan (as well as Wall St.) – today Lookheed Martin said in bringing in 1800 more jobs to Fort Worth TX, and then then this is turn will result in thousands more from suppliers. So for people who like to work to support themselves and their families are thrilled with PE Trump, but parasites like yourself not so much.

          • BOC

            Speaking and proposing something is one thing. But interfering and meddling in government affairs, is another. Very dangerous for our country, indeed.

          • BOC

            Trump is a ‘loose-canon’ and Congress has their hands full.

          • BOC

            I’m trying to figure out who has the better I.Q., you or Sarah Palin? Oh! I guess it doesn’t matter, they both don’t register on the scale anyway.

          • Kitty

            Illegal? Must be – they are the only ones supporting Killary. Get over it, the most corrupt person to ever run LOST you need to just accept that and go back to Mexico.

          • BOC

            The most corrupt person is getting ready to be sworn in. Does anyone know yet if Vlady will be attending? Lol!!!

      • BOC

        It’s not his job to do, yet. He’s out of his lane, which demonstrates he’s a loose canon that can’t be controlled. Congress will have their hands full with this guy.

      • BOC

        By the way deregulation got this country in trouble under W. Bush. You want to return to the abyss, go alone.

      • BOC

        These free trade policies suck, but we are not going to go back down the rabbit-hole by abolishing all regulations across the board. I don’t want to see another Wall Street meltdown or economic recession.

        • freethinker4

          True! And I agree But the Glass-Steagall act was repealed in Nov. 1999 Signed by Pres. Clinton. both party’s are to blame but the republicans were the architects. We need free market capitalism in this country (not free trade) but we still need to protect this country from greed?

          • BOC

            Affirmative!

  • Sharon Jeanguenat

    This is great! He’s already off to a good start. But, I just hope he has good security, besides the Secret Service ’cause some liberal will sure try to take him out. I got news for them though, PENCE will be an even worse nightmare for the Left, because he’s a Christian, before he’s anything else. And, it would be all out political war, ’cause he would definitely go after Roe v Wade

    • freethinker4

      We need to impeach the liberal supreme court justices that are not following the constitution, and upholding the value of right is right and wrong is wrong to prevent further moral degradation in our society.


Fatal error: Allowed memory size of 41943040 bytes exhausted (tried to allocate 80 bytes) in /home/teapartynet33/public_html/CONSERVATIVEREVIVAL/wp-includes/wp-db.php on line 2416