Sunday Talks – Secretary Wilbur Ross and Maria Bartiromo…

Commerce Secretary Wilbur Ross appears on Sunday Morning Futures with Maria Bartiromo to talk trade and tariffs amid the apoplectic drum-beating from the Wall Street crowd and U.S. Chamber of Commerce.

Secretary Ross explains the use of Trade Section 232 for national security. The U.S. capability to produce steel and aluminum is a vital interest to national security. The World Trade Organization (WTO), a collective enterprise of multinational corporations, is angered by the use of section 232 because it works around their ability to file complaints.

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The essential point to drive home is that for the past 30+ years U.S. trade policy has been driven by Wall Street and financial corporate benefactors to the detriment of the U.S. middle class and a manufacturing economy.  It is not necessary to argue the outcome, we can all clearly see it.  The Trump objective is to restore a balanced U.S. economy, stop the exploitative export of American wealth, and stabilize our own middle-class.

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This entry was posted in ASEAN, Big Government, Big Stupid Government, Canada, China, Decepticons, Dem Hypocrisy, Donald Trump, Economy, European Union, India, media bias, Mexico, NAFTA, President Trump, Taxes, Trade Deal, Uncategorized, US Treasury, USA. Bookmark the permalink.

93 Responses to Sunday Talks – Secretary Wilbur Ross and Maria Bartiromo…

  1. Everywhereguy says:

    Tariffic…

    First?

    Liked by 7 people

  2. Bud Klatsch says:

    I lived for several years in Moon Township outside of Pittsburg. The heart of industrial hard ass unions. If Trump can win these folks over (and he will), he will blow away any POLs in his way to 2020. And the unions need to turn out their members big time!

    Liked by 18 people

    • Toenail says:

      I traveled much of the industrial belt in the US as a young man. It was obvious that something was going wrong as one industry after another was eliminated. Many in the name of clean air and other high sounding terms. I always knew that clear skies and talk about clean water was not going to be nearly as great sounding when you didn’t have a job. Today we do have clear skies but the water is not clean and the jobs fled. I can only hope the unions have come to their senses and work to actually benefit the members rather than the leaders. A long term benefit with a future should be the goal. The unions should wake up to share much of the blame for what happened in the rust belt. There is no doubt the working people are the answer to recovery and the future of America.

      Liked by 17 people

      • Deplorable_Infidel says:

        In regards to clean air and water, we have to be wise stewards of our resources. But BHO went to the extreme to kill our country (remember “fundamentally change”?) as a Constitutional Republic by imposing draconian edicts under the guise of “saving the environment”. One example is the attempt to decimate and kill off the coal fired electric industry, after they spent decades and billions of dollars to upgrade their plants with scrubbers, etc.

        Liked by 8 people

        • MTK says:

          Really, the only thing thing you need to understand about global warming and environmental issues as presented by big government advocates is the READY ANSWER it supplies to the fallacies of centralized command controlled econmonies for why the basic needs of people are not met.
          In such an economy, questioning the lack of consumer products can be addressed through, “Drowning polar bears and your just selfish if you want more than ten bars of soap per year”.
          This to say command economies, fail to met the expectation of the populance and need expediency to counter the empty shelves.

          In the alternative universe that western leftists exists in, global warming is the end all of arguments to why centralized commands economies fail the populance.

          Like

          • MTK says:

            Awariness of global warming is bought and paid for by the very same interests that have been using 40+ years of lobbying Washington,DC to act against the middle class.

            My history repeats itself analysis, is goal has been to sell out(wash their hands of) the middle class onto the rolls of the big government nanny State.

            When you actually sit down and read Friedrich Engels, the middle class is the ultimate enemy of the progressive workers utopia.

            Along the way, centralized command economies that have been tried run into the realities of the market place, THEY DON’T MEET THE EXPECTATIONS.
            The Soviets tried for 50+ to pin that blame on the capitalist model, so much so that many still believe its short commings was the result of western democracies anti-socialism.
            Yet, in the Western world the in-vogue ideology of socialism can’t blame the Soviets failure since it is the capitalist model they are seeking to supplant, and if supplanted then there is no longer this diaconomy of competing blame, hence the role of global warming to explain why government is not meeting the needs of society.

            Liked by 2 people

      • Jim says:

        Unions are like the Model-T. I’m just saying!

        Liked by 3 people

        • acenypd says:

          As someone who was able to retire/change jobs at 41, I understand it is not sustainable. I became a NYC Police Officer at 21 and after a 20 year career, retired 8/22/2001 (3 weeks before 9/11). I receive full medical and a decent pension. I was then able to work for myself, not worrying about healthcare and whether I can make it through the month.
          This is NOT sustainable for companies or governments. If things work out, NYC will be paying me for 60 years when I only worked for 20 years.
          Unions have a role, but they must be fair to all, employees, corporations & governments.

          Liked by 2 people

          • Minnie says:

            “I receive full medical and a decent pension”

            As well you should!

            Thank you for your dedication to the NYPD.

            I hold the highest respect and personal affection for all men and women who slap on that Kevlar each day to protect their fellow citizens.

            Thank you 🇺🇸

            Liked by 2 people

          • listingstarboard says:

            Thank you for being so honest about the lopsided pension situations.

            Like

          • I think our police and military are a special case. This should not be a Union benefit applicable to people who work for cities or governments or industries but there is a risk involved in police work and a lot of job stress related to facing dangerous and ambiguous situations. The pay is modest for many of those years but at least there is the security you describe after the term of duty.

            Police work is a tough job & we want to attract the best candidates, those who want to serve, are ready to step into danger and those that are willing to put up with the guff and see the bigger picture. IMHO

            Like

      • G. Combs says:

        The US Labor Unions were taken over by the Communists long ago. FWIW, the Wall Street Journal in April of 1994 had a small back page article stating that papers in the Kremlin showed that not only was the KGB FUNDING US NGOs but they were actually LEADING THEM! I did not cut out the article because I figured it would be front page news — Silly me.

        From the book Willing Accomplices: How KGB Covert Influence Agents Created Political Correctness and Destroyed America by Kent Clizbe

        William R. Russell “was in Russia soon after the Bolsheviks seized power and spent considerable time there, working on Creel propaganda against the Germans, for the Bolsheviks, and later against the Bolsheviks. Russell described how he saw the communist tradecraft:

        The way they worked their way to the seizure of power was as follows: Talk about peace, talk about social equality, especially among those most oppressed. Talk about organization of labor, and penetrate into every labor union. Talk on soapboxes. Publish pamphlets and papers. Orate and harangue. Play on envy. Arouse jealousy. Separate class from class. Try to break down the democratic processes from within. Accustom the people to picketing, strikes, mass meetings. Constantly attack the leaders in every way possible so that the people will lose confidence. Then in time of national peril, during a war, on the occasion of a great disaster, or of a general strike, walk into the capital and seize the power. A well-organized minority can work wonders.

        …..

        Willi Muenzenberg “was closely tied to a variety of Comintern and KGB officers, visiting Moscow often, establishing front companies and cementing bonds with his Comintern mentors, Radek and Zinoviev, and of course Lenin. It’s likely that he met with the KGB head, Dzerzhinsky. The KGB chief would have given him broad guidelines for his influence operations….

        The KGB had been quite successful in influencing the Americans already. Alex Gumberg was still working in America, continuing to run the operation that he had begun during the heady days of the Revolution in St. Petersburg. Now Dzerzhinsky, and his staff under OMS cover would have directed the German master of influence to concentrate on the American “market.” …

        On 18 May, 1923, Muenzenberg took control of a new front organization. Gumberg had made heady inroads with the diplomatic, corporate, and legislative targets in the States: he was running Raymond Robins, and was working his contacts to wriggle deeper and deeper into corporate America. [Think Al Gore Jr and Senior’s buddy Armand Hammer of Occidental Petroleum]

        Lenin’s vision to bring America to its knees required penetration of the wellsprings of its civil identity, the “transmission belts” of American culture….

        Covert Influence Payload
        Babette Gross, wife of KGB agent Willi Muenzenberg, explained the content of the Soviet payload to Stephen Koch:
        * You claim to be an independent-minded idealist.
        * You don’t really understand politics, but you think the little guy is getting a lousy break.
        * You believe in open-mindedness.
        * You are shocked, frightened by what is going on right here in our own country.
        * You’re frightened by the racism, by the oppression of the workingman.
        * You think the Russians are trying a great human experiment, and you hope it works.
        * You believe in peace.
        * You yearn for international understanding.
        * You hate fascism.
        * You think the capitalist system is corrupt.

        This payload exactly matches today’s PC-Progressive message. The message that Soviet covert operators propagated through American Willing Accomplices.

        Those ‘Willing Accomplices’ would be Academia, Hollywood, and Journalists.

        The book SPIES, also written from the Kremlin files, showed most KGB assets in the USA were journalists.

        Liked by 2 people

    • “starting a trade war”, countries retaliating..? Am I missing something ? Haven’t these countries been at “war” with the U.S. with unbalanced trade deficits. Or is it the time for the U.S. to ‘retaliate’?

      Liked by 23 people

      • Cisco says:

        Terrific observation.👍

        Liked by 2 people

      • NvMtnOldMan says:

        Mickey===I heard Maria say that if we impose tariffs that the other countries will raise their prices. Maria, think a moment, let them raise their prices and that will make us even more competitive She is a great, but sometimes that NY/Dc corridor bubble gets her.

        Liked by 2 people

      • MTK says:

        Reading the numbers cited on global trade, is like read tea leaves.
        Many of the numbers cited state, the US economy has for years been handicap with unfair trade agreements, yet our economy still seeks to export under the MSM media narrative that exports is the King to a strong economy, when in reality the USA domestic economy is the end to all arguments for the nexus of world trade inputs.
        Reading CHT, MAGA has made clear the the USA domestic economy is the goal of the exporting world trade.(ie we, americans are the world over a bright spot for economic growth)

        Take Harley Davison for example, the globalist would have you believe the future of this company is pinned on its exports because the potential market is huge, but the reality is still highly weighted by domestic consumption and while the brand is still highly desirable by foriegn consumers that is stiffled by anti-free trade protectism, it the domestic market that bears the costs of trade policy.

        While the American consumers face many comsumer alternatives to the American brands free from the same burdens.

        MAGA, is about giving the true scope of this unfair trade practises its day in the sunlight.
        PDJT, I am 100% behind your efforts to relign the USA role as the premire marketplace destination for comsumer goods because all other markets in the world are void of any real domestic growth that is not based their on exporting to USA.

        Then…
        If you have to go out and hammer home the fact world trade is balanced on the back of the American consumer and American productively is up to the challenge to compete, then I say screw them, they have had since 1950’s to develop their own domestic market outside of models that seek to leverage our liberalism.
        Let them try their own sustainability without unfair access to the USA domestic market, and see how far that gets them before they realize without the board easy access to American domestic market place balances their production portfolios collapse.
        You hold all the cards.

        Liked by 1 person

    • Hey Bud, I was in Penn Hill during the mid to late 70’s. My husband was a machinist at Mesta Machine Co. I watched the Steel Unions kill the steel industry with their increasing demands. The pay and benefits were already so far above any other job that I was shocked when he would go out on strike. We would get a turkey for Thanksgiving & Christmas while the Union bosses got paid. Things must surely have changed there if they can’t see the benefits that our President can and will bring to Pittsburgh.

      Liked by 2 people

    • chieftain says:

      The union leaders are corrupt. They are not responsive to their members.

      Liked by 2 people

    • jeans2nd says:

      Bud – you said “If Trump can win these folks over…”

      IF? Bud, Candidate Trump already has won these folks over. Some of us still live here, not in Moon Twp but very close. You’ve no idea the support Pres Trump already has here, especially around Y-town and the Mahoning Shenango Valley.

      Liked by 5 people

    • Yup. Dem’s continue to drift away from their base, while POTUS delivers the goods for Americans. Too early to tell about the 2018 midterms, because Congress has never voted based on the best interest of American citizens.

      Like

    • Bob Medvesky says:

      Then you should know that there is an “H” at the end of Pittsburgh !!!

      Like

  3. TheWanderingStar says:

    Wilburine is simply the superb at stating the administration’s position on trade and handling the objections. He’s also very good, almost professorial, in educating those who interview him. Outstanding.

    Liked by 25 people

  4. FL_GUY says:

    If you want to see what happens to a country that eliminates the middle class, look no further than Mexico. Mexico is seriously rich in resources. Not only metal resources but rich, volcanic soil. Yet, 99.9999 percent of the population live in abject poverty while the .0001 of their population are some of the richest people in the world.

    Mexico is a very dangerous place. Criminal gangs run rampant. Corruption is at every level because of the total poverty.

    The elitists and globullists have been trying to do that to the USA with their intentional destruction of the middleclass. The USA has probably the biggest oil reserves in the world but they were put off limit. Other critical resources were put off limits and then agriculture was destroyed by cutting off the water.

    President Trump and his people are working to restore the middle class; they know that a strong middle class leads to peace and prosperity for all. The parasites, such as the rinos, D-Rats, CoC and these multi-national criminal organizations laughingly called corporations want to turn the USA into a third world $hithole. I hope soon that the criminal activities of these groups will be investigated and prosecuted!

    Liked by 24 people

    • Toenail says:

      Very good post by FL,_ GUY. If the criminal acts are not punished by the law there is great possibilities they will be punished by unlawful acts which will lead to an unknown outcome for America. There is no reason to thank that chaotic punishment of this evil will result in good coming to the people who deserve it. All may be lost but then again that may really be the outcome hoped for by the George Soros types.

      Liked by 1 person

    • Deplorable_Infidel says:

      “The USA has probably the biggest oil reserves in the world but they were put off limit” –

      I bring that up often. The original plan for Alaska was to eventually build three parallel pipe lines to handle all the oil. I have to try and find the documentation.

      Liked by 1 person

    • SteveC says:

      Or Kalifornia.

      Like

    • delyon Getty says:

      Excellent post FL

      Like

    • mimbler says:

      That is also the danger of illegal immigration. They bring their corrupt culture with them, and their voting habits will create another Mexico like the one they fled.

      Liked by 1 person

      • NoJuan Importante says:

        Actually a lot of people that come from Mexico resent the plantation economics of Mexico and get a positive feeling of revenge for leaving Mexico. Sure, they still love their home country, but the definitely resent the fact that you are born to a class there and there is no upward mobility.

        Liked by 1 person

        • mimbler says:

          Yes, but the majority vote democrat. That’s just a fact (70 percent by the latest studies), and that drives us in the same direction of a corrupt ruling class.
          I appreciate the 30 percent that would contribute to America being a better country, but we can’t afford the 70 percent that come with them.

          Liked by 2 people

    • Paco Loco says:

      Part of Mexico’s “distribution of wealth” problem are monopolies like the State run enterprises PEMEX (oil) and CFE(electric power) both highly unionized, both poorly managed. They are money losers and both corrupt and need to be privatized.

      The concentration of wealth has always been Mexico’s big problem. There’s nothing like a rich Mexicano. They flaunt it. Despite that, there is a growing middle class that is young, educated and mobile. They are heavily influenced by the US culture and economics. They aren’t immigrating NOB, they are working for US/international companies and Mexican conglomerates and are wealthy enough to be buying new cars and houses. After the US, and Canada, China is Mexico’s biggest trading partner. It looks probable that the US will kill NAFTA and opt for bi lateral trade agreements.
      https://atlas.media.mit.edu/en/profile/country/mex/

      The Trumpsters understand that it’s important for Mexico to be economically and politically stable. In the upcoming presidential election the favorite right now is AMLO, a socialist like Hugo Chavez, and he’s a worry. Also balancing our trade is complicated by Mexico’s value added tax of 16% on most imported goods. So beyond balancing trade, we also want Mexico as a friend and politically stable. AMLO’s possible election is a concern and I see the US trying to influence the election towards centrist candidates. The demise of NAFTA may put AMLO in office which wouldn’t be a good thing for Mexico or for the US. Complicated business for sure.

      Liked by 1 person

      • Deplorable_Infidel says:

        The same sort of corruption and mis-management went on in Puerto Rico for decades, it just took a hurricane to wipe out the electrical grid to reveal it to the world, because the MSM would not do it.

        The corrupt politicians just blamed DJT for not doing enough fast enough. Then they are trying to compare their relief effort to what was accomplished on the mainland. You live on an island, simpletons!

        The one mayor was too busy bad mouthing our President and standing in front of TV cameras, instead of meeting with FEMA officials to coordinate relief efforts for her constituents.

        Liked by 2 people

    • …and Mexico has extremely strict gun control laws, which means the government and the criminals are the only ones with them, which keeps the people from fighting back against the corruption.

      There are MANY wonderful, caring, hard-working, family-oriented people in Mexico but they are stuck working in the fields for $10 US per day in order to turn a profit for the big multi-national conglomerates, who then import the produce to the US and sell it to us.

      The reason so many people want to jump the border is because there are opportunities here that they cannot find in their homeland. Disbanding NAFTA and forcing the Mexican government to deal with its own problems would help BOTH countries!

      Like

      • Paco Loco says:

        Mexicans and foreigners(permanent residents) without a criminal record can own a pistol, rifle or a shot gun. I own a .38 Colt that I bought in Guadalajara and registered with the Mexican Army. It’s for home defense. The drug cartels have high powered illegal weapons and use them to fight each other and the Army. After twelve years here, my family and I have yet to feel threatened (except by deranged American/Canadian liberal expats.).

        Americans still have the notion of Juan in his big sombrero taking a seista under a cactus. That’s the Mexico I First I countered in 1968. Now a days most of Mexico looks like they just walked out of a shopping mall in LA. I live near Guadalajara, the Silicon Valley of Mexico that’s booming with high tech manufacturing( HP, IBM, Intel). Even Indian companies like TATA have offices in Guad that are full of Mexican software programmers. Mexico is dynamic culturally, fast growing economically, and has a young fast growing population. Despite the impunity and the murderous cartels, it’s a country that is growing and will continue to service the USA with people and cheap products. The challenge for Mexico is to evolve the government to provide more protection for the people and less for the 1 percenters.

        Liked by 2 people

        • Yep – it’s a country with a lot of untapped potential, in many areas! Have never been to Guadalajara but have spent a lot of time on the Baja, where much of the produce the US imports is grown. I hope the people can get a better government so that they can begin to reclaim their own country!

          Liked by 2 people

        • Jeremy Fink says:

          That’s great to hear. So Mexico isn’t really a shithole. There should be no problem to deport all the illegals then.

          Like

    • Turranos says:

      There were some years where I would vacation in Mexico on a regular basis and it was great. Later on, things changed a lot and I really did not want to lose my head or any other parts so I quit crossing that border.

      Like

  5. Westernwhere says:

    These trade deals are at the heart of moribund wages for Americans and twenty years of stolen prosperity.

    I love our President for what he is doing for us on trade and so many other issues.

    MAGA

    Liked by 2 people

  6. Elizabeth Carter says:

    Wilbur Ross is great at being measured, calm and clear while he explains what is really going on. I am so grateful that President Trump has surrounded himself with intelligent people who can explain things in layman’s terms to the rest of us. It is really helpful because we have to be able to answer the common people when we are attacked by people spouting the MSM talking points.
    Educating us so that we can educate others is an extremely important part of President Trumps agenda. It is a slow process but it is a major part of winning the minds and hearts of America’s citizens.

    Liked by 10 people

    • jmclever says:

      Agreed Elizabeth. I was thinking that it must take great strength not to laugh and roll his eyes when calling out the sky-is-falling types.

      Like

  7. This has put the unions between a rock and a hard place. Too bad.

    Like

  8. todayistheday99 says:

    Maria gave it her best shot but failed to even put a dent in Wilbur’s message. Am I the only one to see how FOX has been fanatical about opposing this is issue to the point of becoming obvious?

    Liked by 4 people

    • Convert says:

      Now both sides can finally agree on something: the correct name is Faux news. 😁

      Like

    • highdezertgator says:

      FBN – Charles Payne and Lou Dobbs defend the MAGA Tariffs and understand this is for the long game. 70 years of rebuilding the world economy on the backs of Americans is over and now is the time for the under 70 generations to step up to the plate.

      Liked by 2 people

      • The Boss says:

        Fox has to leave a few honest people on air for appearances sake. So many of the Fox people are dishonest morons and drama queens (Juan, Shep, Harf, Wallace) that it is becoming increasingly easier to simply ignore that network.

        Liked by 2 people

      • now is the time for the under 70 generations to step up to the plate
        … and rebuild America before they lose it along with any future.

        Liked by 2 people

      • thedoc00 says:

        Do not discount Stuart Varney, Liz MacDonald and Liz Claman as well. They are also supporters and lead pretty balanced discussions on the topic.

        Liked by 1 person

  9. ForGodandCountry says:

    Sundance wrote:

    “The essential point to drive home is that for the past 30+ years U.S. trade policy has been driven by Wall Street and financial corporate benefactors to the detriment of the U.S. middle class and a manufacturing economy.”

    ….both of which are essential to our national security, which is being INTENTIONALLY being undermined by globalist agenda.

    “Look, America, how these people PROFITED from selling us all down the river.”

    POTUS needs to pit main street vs. Wall Street, stealing a major democrat talking point while pointing out how Obama did the exact opposite.

    Liked by 2 people

    • Deplorable_Infidel says:

      “POTUS needs to pit main street vs. Wall Street, stealing a major democrat talking point while pointing out how Obama did the exact opposite.”

      I think he is starting to do that right now, think of this as step 2.
      Step 1 was exposing the “fake news” MSM which has been providing cover for Globalist enemy. Remember that the 25 largest newspapers in America were all bought up back when we had the Federal Reserve system imposed on us.
      Then with the advent of TV, that was consolidated during WJC…giving the oligarchs a 90% monopoly worldwide.

      1Timothy 2:1 I exhort therefore, that, first of all, supplications, prayers, intercessions, and giving of thanks, be made for all men;
      2 For kings, and for all that are in authority; that we may lead a quiet and peaceable life in all godliness and honesty.
      3 For this is good and acceptable in the sight of God our Saviour;
      4 Who will have all men to be saved, and to come unto the knowledge of the truth.
      5 For there is one God, and one mediator between God and men, the man Christ Jesus;

      Liked by 2 people

  10. Canadian Encyclopedia: “Despite Canada’s formidable reserves of iron ore, the steel industry in recent decades has shrunk significantly as industrial markets have become increasingly globalized. Today, every remaining steel mill in the country is owned by foreign investors and Canada is a net importer of the manufactured product.”

    “Canadian” steel is Chinese steel. Other than giving them the names of our Chinese spies and letting them have all our government personnel files –which Obama already did–there are few things China would like more than to eradicate our metal industries.

    The president is absolutely right on economic grounds, national security grounds and moral grounds.

    Liked by 6 people

  11. Obombie’s weaponized EPA forced closure of America’s last Lead smelting operation, Doe Run of St Louis in Dec 2013. Lead is a strategy element, necessary for bullets, batteries, electronics and X-ray shielding. This was the first time in history that the US had no domestic Lead production.

    Liked by 4 people

    • In today’s GoogStapo filtered web it is no longer possible to verify facts, but from memory of my past searches….

      Capehart Radio of Ft Wayne, IN was inspected by the new OSHA in 1971 and found to have workers using Lead solder on circuit boards, given one week to correct this practice. Unable to meet the demand, this producer since 1919, supplier to US military, was forced to close, costing 400 jobs. Since most went to SONY (Standard Oil of New York….a Rockefeller sweat shop?) there was little outcry. The feral government is a monopolist bludgeon.

      Liked by 2 people

    • mimbler says:

      When you look at the fact we won WWII in no small part due to our capability to spool up our industrial capacity in a short amount of time, it is scary to envision needing to do that again.

      Rather than spooling up, our industrial capability would be crippled by lack of access to suppliers. No quick fix for that in a major war.

      Liked by 4 people

  12. Ausonius says:

    I wrote elsewhere a few days ago about a warning from a History professor I had c. 45 years ago, who warned that “Great Britain free-traded itself into mediocrity and decline” a century earlier, and America was repeating the mistake.

    More factors were involved: unions going socialist, companies buying politicians for free-trade policies instead of competently addressing the unions’ attacks, politicians willing to accept the bribes (i.e. “campaign contributions”), the onslaught of automation, and several other factors.

    However, as I wrote earlier, it should have been obvious to all that something was wrong in the late ’60’s and early ’70’s, when the Japanese were buying iron ore in the Great Lakes, shipping it back to Japan, turning it into cars, shipping the cars back (roundtrip of c. 20,000 miles) here, and underselling the Big Three…and then outdoing them in quality!

    I lived in Toledo 35 years ago when a company was hit by a strike: the company opened its books and showed the union that there was literally no money in the bank, that the company needed pay cuts and benefit cuts of some sort to stay in business…otherwise everyone would be unemployed.

    The union refused to believe them, the company closed down, everything was sold off….and the union still paid the former workers to stand around the shuttered factory for months afterward with “On Strike” signs. It was beyond Kafkaesque!

    Liked by 5 people

    • G. Combs says:

      As I said above, the US Labor Unions were taken over by the Communists long ago.

      Therefore the bosses don’t give a hoot about the workers, they just want a BLOODY Revolution to usher in a Communist World Government.

      Back in 1952 my father started a union at Pocketbook. The Union bosses moved in and told him point blank if he did not leave NYC they would kill his family. We left.

      Like

  13. Just a suggestion but IMHO, this issue needs to be recast in different terms that don’t automatically derail factual arguments into the “protectionism” cul-de-sac. I recommend for consideration a preamble that asserts that the historical success of the US domestic economy was made possible by the constitutional regulations that created fertile grounds for market-based capitalism to take root.

    The constitution declares that all power rests with “the people” except for three specific powers enumerated as being in the hands of the federal government. One of those is the power to regulate foreign trade via tariffs, duties and other means. This served to protect a new capitalism that featured price discovery and efficient capital allocation via well-regulated, domestic free markets, the most efficient capital formation machine ever devised which eventual;y produced the most advanced and innovative economy.

    Major point: that never would have happened had our founding fathers not created laws that protect our domestic economic system from the ravages of global mercantilism. Thus the “American miracle” was incubated and allowed to mature.

    Having established this as the preamble, it then becomes easier to ask “Why then are the Masters of the Universe arguing for the re-importation of global mercantilism?” Defeating that loathsome, discredited economic system, one which has already been thoroughly proven an utter failure and so long ago, should not be so difficult. Globalism = communism = socialism = tyranny. We have no problem agreeing that global domination by communists like China would be terrible. Yet that seems to be the lesser of two evils with the worse evil being “protectionism”. So if we can’t protect ourselves, how do we protect ourselves?

    Let’s rethink what we are saying and how we are saying them. We are fighting a return to pre-America 18th century thinking. We defeated this evil the first time by building a superior economic system that was incubated from the evil via duties and tariffs. That sounds like a simple defense to me. I don’t have any trouble seeing how this defeats the inane “protectionism” one-note tubas.

    Like

    • KBR says:

      What is wrong with protectionism?
      I want to protect the USA.

      I want to protect my family and home. I want to protect my neighborhood and neighbors. I want to protect my little town and townsfolk. Keep going right up to protecting my nation and fellow citizens who are of like mind, and also want to protect the USA.

      It is conserving and protecting what is good about this part of this world.

      I am all for it.

      Ridiculous that anyone need apologize for it.

      Failure to protect should be a crime.

      Liked by 1 person

      • Deplorable_Infidel says:

        “What is wrong with protectionism?”

        Absolutely nothing.
        It is the Globalist NWO demons that gave that term a bad connotation. It is a “trigger word” for the Libertarian elitists whose “free trade” arguments sound wonderful in the Utopia of academia (no government to contend with, etc.) . However, in the real world with real people that cheat, their “model” does not work.

        Liked by 1 person

      • Jeremy Fink says:

        Globalism for the US meant that we lost trillions just in the trade deficits and racked up $10 trillion in debt thanks to Obama. We were used to raise the standard of living for the rest of the planet while destroying our middle class and decimating industries.

        Liked by 1 person

    • G. Combs says:

      One of the benefits of DOMESTIC production of products that is never mentioned is the Why the ‘Local Multiplier Effect’

      The Local Multiplier Effect (LME) is a very valuable, hidden feature of our economies. The term refers to how many times dollars are recirculated within a local economy before leaving through the purchase of an import…..

      A Hypothetical Example

      Imagine a hypothetical influx of money, say one million dollars, entering a local economy. Now imagine these dollars are spent on local goods and services. Imagine that each of the local vendors who earned those dollars then re-spends that money on more local goods and services. Envision this cycle happening several times before this money is finally spent on imports – goods or services from outside the region.

      In this case, those one million dollars recirculating eight times would act much like eight million dollars by increasing revenue and income opportunities for local producers….

      It has been estimated that about a century ago, thriving industrial communities had a LME in the high 20s or low 30s. Today it’s estimated to be in the single digits. This reduction in the number of rounds that monies make has had an extremely negative effect on our local economies. All areas of community life are affected by this deficit. This lost treasure of local economies was never measured, monitored, managed or even acknowledged.

      …. there is also the issue of creating an unhealthy reliance on a vast commercial network of imported goods. Many areas of life become vulnerable to natural or man-made disasters which can interrupt this flow of goods. Securities as diverse as food to …. [weapons] could be greatly compromised by this kind of dependence….

      https://yaleglobal.yale.edu/content/pentagon-loses-control-bombs-china-metal-monopoly

      A good source: https://www.usgovernmentrevenue.com/revenue_history
      “At the beginning of the 20th century, government revenue came almost exclusively from ad-valorem taxes. The federal government obtained its revenue from import tariffs and state and local governments obtained revenue from property taxes.

      Things began to change with the passage of the federal income tax in 1913. Income tax collections went to 4.67 percent of GDP in 1921 in the aftermath of World War I, before settling down at about 2 percent of GDP during most of the 1920s and 1930s. Income taxes ballooned to 15.7 percent of GDP in the war year of 1944, but settled down to 11 to 12 percent thereafter….”

      Like

  14. NoJuan Importante says:

    Did I hear the Wilburine say “Prior to NAFTA we had a $4-$5 billion a year surplus with Mexico. After NAFTA we have a cumulative $1 Trillion deficit.” Those are fighting words. and that doesn’t count drugs and the fentanyl flowing from China into Mexico into the U.S. No wonder Trump has been saying Mexico would pay for the wall. Do it now.

    Liked by 2 people

  15. Maria B has really gone to lengths lately to defend the swamp, it’s funders and it’s creepy-crawley-critters! Watch that video a few times, study her behavior… ie; when she reads, shes shaking her head as if “no this can’t be, oh no, oh my!” this, my fellow Patriots, is a perfectly scripted work of theatrics on TV, fear mongering at it’s finest. Tip of the hat to you, Fox!

    Liked by 1 person

    • I have no idea what you are talking about. I thought it was a good interview. She has to make it interesting by throwing out ideas. I can’t help but think there are a bunch of trolls here trying to get people to not watch fox or not like non-dems…so you don’t l like everything everyone says all of the time..so you are going to stop listening to them? Give me a break..there was nothing wrong with this interview; she allowed Wilbur to talk and explain everything. What more do you want? Cheerleading?

      Like

      • Cheerleading would be a nice touch. Wilbur is a genius and he is doing a fantastic job. All I am doing is offering my opinion of what I feel is controlled protection of the advertizing revenue for Fox, done by Wallace and now Maria. I still watch, I still like and dislike, agree and disagree.

        Sometimes, for fun, I agree to disagree. Keeps it healthy.

        Like

  16. AndrewJackson says:

    I love Wilbur. He dismantles every talking point in a calm collected manner and shuts the interviewer down.

    Like

  17. Arjun says:

    Secretary Ross, Mulvaney and Tillerson three of the brightest stars of PDJT’s adminstration, in terms of handling media.

    Like

  18. The Boss says:

    Anyone else notice how the administration people are not arguing the obvious (conflated) lie that Canada is a major steel “producer”? There’s a reason smart people like Navarro and Ross aren’t taking the bait.

    Like

  19. Matthew Frihart says:

    Free Trade is great, when you actually have free trade. The problem is, we’ve been in a trade war with most of the world that we haven’t been fighting. This raise in tarriffs is merely a long overdue counter move to the tarriffs already slapped on us. The outcry from the conservatives (like Levin) on this comes from a lack of understanding the economic situations we’re in. We don’t have a choice but to fight back in this world trade war. Once other countries start losing key battles, we can then negotiate for free and fair trade again……. but much of the world governments have to be brought back down to free trading again, instead of their own protectionist policies.

    Make no mistake, Trump isn’t starting a trade war, he’s recognized we’ve been in one.

    Liked by 1 person

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