Toyota gives Trump a huge "arigato"

[Gabriel_Bell]

Which means, "thank you"
Why?

Spencer T. Hakimian’s Post​

Spencer T. Hakimian Spencer T. Hakimian is an Influencer
Founder at Tolou Capital Management, L.P.

4h

Toyota is up +8% on the news of a 15% tariff.Why?It's simple. Ford, GM, Tesla, and all the other American manufacturers are going to be paying 50% more for their steel, 50% more for their copper, 25% more for their Canadian production, 25% more for their Mexican production, and 55% on their Chinese production.Toyota only has to pay 15% more and they're done with all the shenanigans. Ford has to pay much more than that. A lot more in fact. We've given a Japanese car company an advantage over American car companies.All in hope of bringing auto jobs back to America.

• 

 

[mark francis]

Which means, "thank you"
Why?

Spencer T. Hakimian’s Post​

Spencer T. Hakimian Spencer T. Hakimian is an Influencer
Founder at Tolou Capital Management, L.P.

4h

Toyota is up +8% on the news of a 15% tariff.Why?It's simple. Ford, GM, Tesla, and all the other American manufacturers are going to be paying 50% more for their steel, 50% more for their copper, 25% more for their Canadian production, 25% more for their Mexican production, and 55% on their Chinese production.Toyota only has to pay 15% more and they're done with all the shenanigans. Ford has to pay much more than that. A lot more in fact. We've given a Japanese car company an advantage over American car companies.All in hope of bringing auto jobs back to America.

• 

Lefties think Bidenomics worked much better than Trump's economic plans but, of course, Americans overwhelmingly rejected Bidenomics last November in favor of Trump's economic plans.

 

[Gabriel_Bell]

Shitshizpants has NEVER, EVER got even 50% of the votes. Americans will learn how incompetent Shitshizpants is when they go to the stores and find higher price and empty shelves. Shitshizpants said that the huge drop in the number of ships from China and the East was a GOOD THING.

Will Ford, GM and Chrysler start manufacturing right hand drive cars for the Japanese and UK markets?

 

[the annoying thing]

Which means, "thank you"
Why?

Spencer T. Hakimian’s Post​

Spencer T. Hakimian Spencer T. Hakimian is an Influencer
Founder at Tolou Capital Management, L.P.

4h

Toyota is up +8% on the news of a 15% tariff.Why?It's simple. Ford, GM, Tesla, and all the other American manufacturers are going to be paying 50% more for their steel, 50% more for their copper, 25% more for their Canadian production, 25% more for their Mexican production, and 55% on their Chinese production.Toyota only has to pay 15% more and they're done with all the shenanigans. Ford has to pay much more than that. A lot more in fact. We've given a Japanese car company an advantage over American car companies.All in hope of bringing auto jobs back to America.

• 

MAYBE IF THEY GOT THIER STEEL FORM A AMERICAN MILL . DAAAAA

 

[Gabriel_Bell]

MAYBE IF THEY GOT THIER STEEL FORM A AMERICAN MILL . DAAAAA

Toyota will source its steel from the cheapest place, just as all manufacturers do. The goal of every capitalist is profit.

 

[mark francis]

Toyota will source its steel from the cheapest place, just as all manufacturers do. The goal of every capitalist is profit.

Americans who have enjoyed the freedom and prosperity of the greatest nation on earth value capitalism in spite of the Marxists and greedy bums who stupidly believe Marxism will be better for them because they think they can get free stuff without having to work for it.

 

[the annoying thing]

Toyota will source its steel from the cheapest place, just as all manufacturers do. The goal of every capitalist is profit.

THEN WHY ARE YOU CRYING BOO HOO

 

[Gabriel_Bell]

Capitalism is not a system of government, it is an economic tool that is useful to gather capital from a number of investors who contribute under rules of limited liability in a profit-making venture. This means that their liability is limited only to the total amount of money they invest.

The People's Republic of China used capitalism to grow their economy from less than the size of Portugal's to second in the world in under 25 years. It has some serious flaws, the main one being that the prosperity only goes to the investors. It also allows companies to buy one another out, and eventually the wealth of the economy is overconcentrated in the hands of a few.

Toyota is hardly run by Marxists. It is a pretty well-run company and their car and trucks (Hino brand) are very well designed an durable.

As a rule, there is no requirement for the owners of a company to actually "work for it", as they can hire managers to take care of the business for them. Trump is nearly illiterate, and the money he has made was made with the expertise of people he has hired (in addition to those he has bilked).

I am a capitalist, and invest in a variety of companies, ETF's and mutual funds.
One example, on May 27, 2022, I bought 54 shares of Walmart (WMT) at $42.52 a share. total cost, $2971.26
On October 20, 2022, I bought another 27 shares of WMT at $44.98. total $1419.04.
So I have invested a total of $4390.30 and I have 81 shares invested.

Today, July, 25, 2025, my 81 shares of WMT could be sold for $7900.74. That is a total of $3510.44 that my investment has earned. The only work that this has cause me was to decide that WMT was a successful business. In 2022, the service in local WalMarts was pretty bad, it took around 30 minutes waiting to get my purchases rung up. Yesterday, I bought a few things, and it only took about five minutes.

And that is not all, as I did not include quarterly dividends, which went into a cash account, and averaged 0.97% of the total invested.
The income tax on my WMT is only 15%, rather than the 22% on other income, because it it 'capital gains'. Obviously, the stock brokerage company made some money from my activity, but I do not need to deduct that. It was around 0.5% as I recall.

Again, the only work I put into earning over $3510.44 was researching the company and deciding what to invest in.
Capitalism allows capitalists to make money without doing any large amount of work.
So you really need to change your mind about who get something for nothing.

A large amount of the profits made by WMT has been made by having consumer goods made in the PRC and sold at a much higher price in the US. I knew that the prices are much higher, because I have a Taiwanese friend who visits the PRC and keeps me informed.

 

[mark francis]

Capitalism is not a system of government, it is an economic tool that is useful to gather capital from a number of investors who contribute under rules of limited liability in a profit-making venture. This means that their liability is limited only to the total amount of money they invest.

The People's Republic of China used capitalism to grow their economy from less than the size of Portugal's to second in the world in under 25 years. It has some serious flaws, the main one being that the prosperity only goes to the investors. It also allows companies to buy one another out, and eventually the wealth of the economy is overconcentrated in the hands of a few.

Toyota is hardly run by Marxists. It is a pretty well-run company and their car and trucks (Hino brand) are very well designed an durable.

As a rule, there is no requirement for the owners of a company to actually "work for it", as they can hire managers to take care of the business for them. Trump is nearly illiterate, and the money he has made was made with the expertise of people he has hired (in addition to those he has bilked).

I am a capitalist, and invest in a variety of companies, ETF's and mutual funds.
One example, on May 27, 2022, I bought 54 shares of Walmart (WMT) at $42.52 a share. total cost, $2971.26
On October 20, 2022, I bought another 27 shares of WMT at $44.98. total $1419.04.
So I have invested a total of $4390.30 and I have 81 shares invested.

Today, July, 25, 2025, my 81 shares of WMT could be sold for $7900.74. That is a total of $3510.44 that my investment has earned. The only work that this has cause me was to decide that WMT was a successful business. In 2022, the service in local WalMarts was pretty bad, it took around 30 minutes waiting to get my purchases rung up. Yesterday, I bought a few things, and it only took about five minutes.

And that is not all, as I did not include quarterly dividends, which went into a cash account, and averaged 0.97% of the total invested.
The income tax on my WMT is only 15%, rather than the 22% on other income, because it it 'capital gains'. Obviously, the stock brokerage company made some money from my activity, but I do not need to deduct that. It was around 0.5% as I recall.

Again, the only work I put into earning over $3510.44 was researching the company and deciding what to invest in.
Capitalism allows capitalists to make money without doing any large amount of work.
So you really need to change your mind about who get something for nothing.

A large amount of the profits made by WMT has been made by having consumer goods made in the PRC and sold at a much higher price in the US. I knew that the prices are much higher, because I have a Taiwanese friend who visits the PRC and keeps me informed.

The weakness of Marxism is that it totally depends on capitalism to provide the finances and growth to be sustained.

 

[Gabriel_Bell]

Marxism does NOT necessarily depend on capitalism, of course. Russia in 1917 was a very backward place where there was little infrastructure and most of the people were illiterate peasants. Despite a civil war and two world wars, by 1980 Russia had become mostly literate and was far better off than it had been in 1917.

The economic success of the People's Republic of China does depend on a plan to use capitalism to develop the country. No country in human history has experienced faster growth than the PRC between 1985 and today. Again, Capitalism is NOT a governmental system: it is an economic tool for generating profit.

The difference between the USSR and China is mostly due to the vast difference between the people of China and the people of the USSR. The Chinese have developed over several thousand years, a society that is more united in its views of success and cooperation among people than the Soviets, who have never been as similar to one another as the Chinese have.
The USSR was never as united as China. It is also obvious that China's leaders have been better at learning from the mistakes that Mao made, such as the Great Leap Forward and the Cultural Revolution.

Russia has had some ghastly awful leaders and has failed to learn from the mistakes of Stalin and Brezhnev.

Trump's "Golden Age" seems rather close to Mao's Great Leap Forward, and his War on the noble causes of Wokeness and DEI are like a bad Cultural Revolution.

 

[mark francis]

Marxism does NOT necessarily depend on capitalism, of course. Russia in 1917 was a very backward place where there was little infrastructure and most of the people were illiterate peasants. Despite a civil war and two world wars, by 1980 Russia had become mostly literate and was far better off than it had been in 1917.

The economic success of the People's Republic of China does depend on a plan to use capitalism to develop the country. No country in human history has experienced faster growth than the PRC between 1985 and today. Again, Capitalism is NOT a governmental system: it is an economic tool for generating profit.

The difference between the USSR and China is mostly due to the vast difference between the people of China and the people of the USSR. The Chinese have developed over several thousand years, a society that is more united in its views of success and cooperation among people than the Soviets, who have never been as similar to one another as the Chinese have.
The USSR was never as united as China. It is also obvious that China's leaders have been better at learning from the mistakes that Mao made, such as the Great Leap Forward and the Cultural Revolution.

Russia has had some ghastly awful leaders and has failed to learn from the mistakes of Stalin and Brezhnev.

Trump's "Golden Age" seems rather close to Mao's Great Leap Forward, and his War on the noble causes of Wokeness and DEI are like a bad Cultural Revolution.

Marxism appeals to the lazy, the incompetent, the greedy, the degenerate and the envious. No wonder Marxism has destroyed every nation that tried it after a few years.