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Trump Wins Again - Lockheed CEO Gives "Personal Commitment" To Cut F-35 Costs "Aggressively"

Trump Wins Again - Lockheed CEO Gives "Personal Commitment" To Cut F-35 Costs "Aggressively"

It appears the so-called 'Twitter-spanking' approach of president-elect Trump is working. First Carrier, then Ford, and now, following his earlier jab at Lockheed's F-35 costs by asking Boeing to price-out a comparable F-18, Lockheed Martin CEO Marillyn Hewson has reportedly given Trump her "personal commitment" to "aggressively" drive down costs of the F-35 program. The question is what was the quid-pro-quo in this instance?

Following this tweet from Trump...

They're Back: Foreign Central Banks Quietly Unleash A Treasury Buying Spree

They're Back: Foreign Central Banks Quietly Unleash A Treasury Buying Spree

According to the most recent TIC data, reported here last week, foreign Treasury holders and especially China, were dumping US paper like there's no tomorrow. In fact, according to the latest available data as of the end of October, foreign central banks had liquidated a record $403 billion in Treasuries in the LTM period. 

Top Ex-White House Economist Admits 94% Of All New Jobs Under Obama Were Part-Time

Top Ex-White House Economist Admits 94% Of All New Jobs Under Obama Were Part-Time

Just over six years ago, in December of 2010, we wrote "Charting America's Transformation To A Part-Time Worker Society", in which we predicted - and showed - that in light of the underlying changes resulting from the second great depression, whose full impacts remain masked by trillions in monetary stimulus and soon, perhaps fiscal, America is shifting from a traditional work force, one where the majority of new employment is retained on a full-time basis, to a "gig" economy, where workers are severely disenfranchised, and enjoy far less employment leverage, job stability and perks than th

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