President Trump is Slowly Stopping The Exfiltration of American Wealth…

Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO), World Bank and International Monetary Fund (IMF), control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics.

The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand why they are so fundamentally opposed to President Trump.

In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar; but the truth is ‘global markets‘ have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.

The same is true for “Commodities Markets“. The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.

U.S. President Trump smartly understands what has taken place; additionally, Trump uses economic leverage as part of a broader national security policy.  To understand who opposes President Trump, specifically because of the economic leverage he creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.

Understanding how trillions of trade dollars influence geopolitical policy we begin to understand the three-decade global financial construct they seek to protect.

That is, global financial exploitation of national markets.

FOUR BASIC ELEMENTS:

♦Multinational corporations purchase controlling interests in various national outputs (harvests an raw materials), and ancillary industries, of developed industrial western nations. {example}

♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*note* in China it is the communist government underwriting the purchase)

♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

Against the backdrop of President Trump confronting China; and against the backdrop of NAFTA renegotiated; and against the necessary need to support the key U.S. steel industry; revisiting the economic influences within the modern import/export dynamic will help conceptualize the issues at the heart of the matter.

There are a myriad of interests within each trade sector that make specific explanation very challenging; however, here’s the basic outline.

For three decades economic “globalism” has advanced, quickly. Everyone accepts this statement, yet few actually stop to ask who and what are behind this – and why?

Influential people with vested financial interests in the process have sold a narrative that global manufacturing, global sourcing, and global production was the inherent way of the future. The same voices claimed the American economy was consigned to become a “service-driven economy.”

What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.

It’s not.

It’s not natural at all. It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive financial corporations.

Again, I’ll try to retain the larger altitude perspective without falling into the traps of the esoteric weeds. I freely admit this is tough to explain and I may not be successful.

Bulletpoint #1: ♦ Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.

This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.). This is the basic underpinning of national companies becoming multinational corporations.

Think of these multinational corporations as global entities now powerful enough to reach into multiple nations -simultaneously- and purchase controlling interests in a single economic commodity.

A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)

However, in the modern global world, it’s not just oil; the resource and product procurement extends to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).

Bulletpoint #2 ♦ The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.

During the past several decades national companies merged. The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.

…. or it could be over several continents or even the entire world market of Lemon/Widget production. These are now multinational corporations. They hold interests in specific segments (this example lemons) across a broad variety of individual nations.

National laws on Monopoly building are not the same in all nations. Most are not as structured as the U.S.A or other more developed nations (with more laws). During the acquisition phase, when encountering a highly developed nation with monopoly laws, the process of an umbrella corporation might be needed to purchase the targeted interests within a specific nation. The example of Monsanto applies here.

Bulletpoint #3 ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

In underdeveloped countries the process of buying a political outcome is called bribery. Within the United States we call it lobbying. The process is exactly the same.

With control of the majority of actual lemons the multinational corporation now holds a different set of financial values than a local farmer or national market. This is why commodities exchanges are essentially dead. In the aggregate the mercantile exchange is no longer a free or supply-based market; it is now a controlled market exploited by mega-sized multinational corporations.

Instead of the traditional ‘supply/demand’ equation determining prices, the corporations look to see what nations can afford what prices. The supply of the controlled product is then distributed to the country according to their ability to afford the price. This is essentially the bastardized and politicized function of the World Trade Organization (WTO). This is also how the corporations controlling WTO policy maximize profits.

Back to the lemons. A corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.

If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.

The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.

The mistake people often make is calling this a “global commodity” process. In the modern era this “global commodity” phrase is particularly nonsense.

A true global commodity is a process of individual nations harvesting/creating a similar product and bringing that product to a global market. Individual nations each independently engaged in creating a similar product.

Under modern globalism this process no longer takes place. It’s a complete fraud. Massive multinational corporations control the majority of production inside each nation and therefore control the global product market and price. It is a controlled system.

EXAMPLE: Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC these multinational corporations get congress and policy-makers to expand the basis of who can use EBT and SNAP benefits (state reimbursement rates).

Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.

With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.

In highly developed nations this multinational corporate process requires the corporation to purchase the domestic political process (as above) with individual nations allowing the exploitation in varying degrees. As such, the corporate lobbyists pay hundreds of millions to politicians for changes in policies and regulations; one sector, one product, or one industry at a time. These are specialized lobbyists.

EXAMPLE: The Committee on Foreign Investment in the United States (CFIUS)

CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.

CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721) and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.

The CFIUS process has been the subject of significant reforms over the past several years. These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008 (more)

Bulletpoint #4With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth. This is the basic premise, the cornerstone, behind the catch-phrase ‘globalism’.

It is never discussed.

To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). It’s all about controlling the price and maximizing the profit equation. To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).

Think of the process like the historic reference of OPEC (Organization of Petroleum Exporting Countries).  Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.

Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the multinational corporations can charge domestic U.S. consumers more. Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.

Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system)

Agriculturally, multinational corporate Monsanto says: ‘all your harvests are belong to us‘. Contract with us, or you lose because we can control the market price of your end product. Downside is that once you sign that contract, you agree to terms that are entirely created by the financial interests of the larger corporation; not your farm.

The multinational agriculture lobby is massive. We willingly feed the world as part of the system; but you as a grocery customer pay more per unit at the grocery store because domestic supply no longer determines domestic price.

Within the agriculture community the (feed-the-world) production export factor also drives the need for labor. Labor is a cost. The multinational corps have a vested interest in low labor costs. Ergo, open border policies. (ie. willingly purchased republicans not supporting border wall etc.).

This corrupt economic manipulation/exploitation applies over multiple sectors, and even in the sub-sector of an industry like steel. China/India purchases the raw material, coking coal, then sells the finished good (rolled steel) back to the global market at a discount. Or it could be rubber, or concrete, or plastic, or frozen chicken parts etc.

The ‘America First’ Trump-Trade Doctrine upsets the entire construct of this multinational export/control dynamic. Team Trump focus exclusively on bilateral trade deals, with specific trade agreements targeted toward individual nations (not national corporations).

‘America-First’ is also specific policy at a granular product level looking out for the national interests of the United States, U.S. workers, U.S. companies and U.S. consumers.

Under President Trump’s Trade positions, balanced and fair trade with strong regulatory control over national assets, exfiltration of U.S. national wealth is essentially stopped.

This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit.

Perhaps now we understand better how massive multi-billion multinational corporations and institutions are aligned against President Trump.

WATCH:

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RELATED:

♦The Modern Third Dimension in American Economics – HERE

♦The “Fed” Can’t Figure out the New Economics – HERE

♦Proof “America-First” has disconnected Main Street from Wall Street – HERE

♦Treasury Secretary Mnuchin begins creating a Parallel Banking System – HERE

♦How Trump Economic Policy is Interacting With The Stock Market – HERE

♦How Multinationals have Exported U.S. Wealth – HERE

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This entry was posted in ASEAN, Big Government, Big Stupid Government, Decepticons, Deep State, Dem Hypocrisy, Donald Trump, Economy, Election 2020, Legislation, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

169 Responses to President Trump is Slowly Stopping The Exfiltration of American Wealth…

  1. kinthenorthwest says:

    It was always shocking to see so many of our businesses going to other countries…
    I will say that seeing businesses being exported to Mexico, yet illegals still moving in by the boat load.

    Liked by 14 people

    • simicharmed says:

      Sadly and literally, the USA is the Welfare Department for Mexico’s poor as well as numerous other Nations around the globe.

      I truly believe Mexico enjoys this cost-free “service”….where they can encourage (dump), their undesirable citizens and their illegal aliens into the USA.

      Liked by 20 people

      • kinthenorthwest says:

        Worse part for me is trying to talk to customer service guys with accents so heavy they are very hard to understand. Then there are the ones who have very little grasp of English, some almost like a bot who can’t go off script.

        Liked by 7 people

        • Zorro says:

          Worst part for me is paying higher prices than I should be paying. Regarding “bot who can’t go off script” that’s because a lot of these “customer service” reps are actually working from a script and the slightest deviation sends them into a loop.

          Liked by 4 people

          • kinthenorthwest says:

            I spend 30 minutes on one…
            Lost my cell phone–thought I knew where but on first call they said no…So I immediately locked it.
            Store called like 30 seconds after I locked it.
            Called customer service so I could shorten the 24 hour wait when I picked it up in morning (yes I have house phone). Most of 30 minutes was guy repeating same exact words over and over.

            Liked by 2 people

          • We’re being forced to pay to feed the world’s poor, Zorro. Our elected representatives accepted campaign money and outright bribes which wildly enriched them and their families and friends.

            They sold out. Bought by entities hellbent on destroying our way of life. They did this knowingly and deliberately.

            It’s treason. They should all be lined up against a wall and executed.

            Liked by 1 person

            • Helen Pearson Souza says:

              Years ago when Hubby was a grain salesman to dairy farmers, I rode with him to assist with paperwork. At one large dairy, he was inspecting soybean meal. I looked over his shoulder and saw newsprint with chinese writing. I said, ‘do they grow soybeans in China” and he said ‘no, don’t think so’. Weeks later I asked the president of the company, why there was chinese newspapers in the soybean meal. Turns out they were grown here, shipped to China (for unknown purposes), then returned to be sold to US dairy producers. Now, I think I understand why they did that. In return, I suspect the dairymen were promised cheap labor, because their workers families all sign up for SNAP, EBT, etc. Therefore making $10 an hour but receiving the equivalent of $20/hr. in welfare. I’m tired of supporting these people. I just want milk and cheese. I will pay more the product and nothing for their labor costs.

              Liked by 2 people

        • olderwiser21 says:

          Kin – I have literally said to them, I”m sorry, I can’t understand a word you are saying. Can you please put someone else on the line.” They are reading from a script as far as I can tell.

          Liked by 1 person

      • bertdilbert says:

        Now think about the 30 million illegals in the US. Think how much more they are worth to drug companies paying US prices verses what drug prices are south of the border. Probably the same with Europe verses ME/Africa.

        Why is the medical industry giving so much money to the COC? It is a big club and you ain’t in it.

        Liked by 10 people

        • simicharmed says:

          That is a very good (and often overlooked), point….the “value” of our illegal alien population as a commodity for the Medical Industry, among all the other industries who profit from illegal aliens.

          I makes it more clear why this invasion was never truly addressed but clearly promoted with terrible immigration laws.

          Liked by 2 people

        • Those 30,000,000 illegals aren’t paying a damned dime for that medicine….YOU and I are paying for it….. Grrrrrrrrrrrrrrrrrrrrrrrr
          I had one bragging to me about how much they are getting for free…. grrrrrrr again!

          Liked by 2 people

          • Adorable deplorable says:

            Not just illegals. An aide that cares for a family member, who immigrated here from a shite hole country a year ago, is on medicaid and getting breast reconstruction surgery on our dime. I am tired of paying for everyone else!!! Real tired!!!

            Like

        • Judith says:

          Trade unions lobbied Zoning Boards to build section 8 workforce housing aka sanctuary cities. Teachers unions enjoy the state and federal aid that comes with an influx of illegal students (to the detriment of their American counterparts).. Even churches are in on the action, receiving federal subsidies to traffick these invaders throughout the country.

          ..Have we got our work cut out for us!

          Liked by 1 person

        • swampratterrier says:

          Same thing going on with the
          National Ass. Of Realtors –
          the 2nd largest Lobbying Group in the Universe.

          Like

      • margarite1 says:

        I always thought we should send invoices to other countries for services rendered for caring for their citizens – including prison costs, court costs, welfare, medical costs Why should we Americans be expected to pay for this – I have enough trouble paying for myself. If the other countries didn’t pay voluntarily then we could deduct it from foreign aid – and I’m not sure they should get any in the first place anyway.

        This wouldn’t solve all the problems but would solve some of the money drain..

        Liked by 7 people

        • TheLastDemocrat says:

          Yes. My car gets towed, and all of a sudden i owe all kinda money. For services they decide I need. We could keep track of education, healthcare, etc. And take it out of money otherwise going to Mexico.

          Liked by 1 person

      • Kenji says:

        NEXT STEP!? … start TAXING all remittances sent from America, back to their countries of origin. Time for the illegals to start PAYING their FAIR SHARE of our welfare.

        Liked by 4 people

      • Mr.G says:

        That’s why I retired early and live, minimalist lifestyle and pay zero fed taxes. ( I am very comfortable and really want for nothing). I tired of worked until March (around 1/3 of the year) every year to support the very people and institutions that are working to destroy me.

        That’s a sweet policy. Getting the people to pay for their own destruction.

        Like

    • SwampRatTerrier says:

      Kinthenorthwest it has been my conclusion for a decade or so that one goal of the U.S. Globalists is to keep real estate prices up with the flooding of our country with illegals.

      The landlords reap windfall profits and provide crappy, sub-standard housing to boot in that arrangement.

      Just remember the National Ass. Of Realtors is the SECOND LARGEST LOBBYING GROUP in the Universe!!!!!!!!!!!!!!!!!!

      Liked by 4 people

    • DrNo1976 says:

      SD posits a multinational eorporation economic theory. “The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.”

      It is an interesting theory and potentially troubling. But how about some backup cites of economic papers containing actual examples from which we can follow? In other words, data.

      Like

  2. bluesky says:

    Thank God that Trump beat Hillary and all this crap is getting exposed. As I was reading Sundance’s article, I kept thinking that if Hillary had won this article wouldn’t have been allowed to be published nor this site be allowed to exist.

    Liked by 12 people

    • Adorable deplorable says:

      Okay, so now everything is being exposed (call me cynical ) but nothing seems to happen, it is as if we were all swallowed up by the swamp. Exposure is one thing and justice is another!

      Like

  3. joeknuckles says:

    That was a very well reasoned and logical overview of what our President is all about.

    Here is Ann Coulter’s response:

    Liked by 3 people

    • Robert Smith says:

      A classic of modern cinema.

      Liked by 2 people

    • Anon says:

      Some people think Ann is some great conservative thinker, or a contrarian. Actually, she’s something much less – a mere controversialist. That’s why she called John Edwards a “f____t”. That’s why she told Maher she thought Trump had the best chance of winning. She gets ahead by being controversial and saying outrageous things.

      Who knows what she really believes. Or why she wanted cartoon Republican Mitt Romney instead of blue collar conservative Santorum in 2012. Romney was precisely what voters were angry about – bankers who stole money that belonged to workers.

      Liked by 2 people

      • AJ says:

        Very interesting. I am a contrarian too. I hate the GOP talk radio crowd in toto. They had a chance to bring the sundance philosophy to the forefront but instead go with dem bad – GOP good.

        Like

  4. Apfelcobbler says:

    I’m beginning to think the entire purpose of the SOTU was to call a time-out and fend off the brewing Commie revolution – even putting it temporarily in front of immigration. Like an air traffic controller. Published last fall.

    https://www.whitehouse.gov/wp-content/uploads/2018/10/The-Opportunity-Costs-of-Socialism.pdf

    Liked by 4 people

  5. Blaze says:

    This is why TRUMP is big on manufacturing and TRADE SCHOOLS. The more we make products in America the more we keep our wealth here and in the pockets of American’s. Made in America is everything. Nothing better than driving by a place that is making a product of some type.

    Liked by 11 people

    • rashomon says:

      Believe it or not, the launching of one Navy vessel was delayed because the brass fittings were contracted out to the UK. Now that’s a security risk!

      A relative who studied naval science at the U. of Michigan had to serve his internship at the Hyundai yards in S. Korea because the U.S. wasn’t involved in sufficient building to accommodate such studies.

      Long live U.S.-based manufacturing. Long live an educated and involved U.S. work force.

      Liked by 8 people

      • Smurfette says:

        The massive horizontal control over supply means that Navy has to settle for defective parts. I read about plastic parts being put in chips for one shipment to Navy which was discovered. So when I hear foreign countries making fun of how the best and brightest are not being hired by the US navy I get my hackles up…..I don’t care what country you are. We’re supposed to just accept.

        Like

        • Judith says:

          Wonder if these “foreign” parts include listening devices, like that gold hardware discovered in the recent White House renovations?

          Like

    • joebkonobi says:

      WWII was, in large part, won by America’s ability to out-produce Germany and Japan in the manufacturing of just about everything from food to war planes and ammunition. No one can compete with America, in quality or quantity, in a real free market.

      PDJT is correct when he says the loss of our manufacturing capabilities in the US is a serious threat to our national security.

      Multinational Tech companies, Google, Apple, Facebook etc., are all part of the multinational cabal and fast becoming a major threat to National Security as well as the Constitution.

      Liked by 7 people

  6. JustSomeInputFromAz says:

    “They have to convince us to vote against our own best interests.” attributed to Sundance 2015

    Godspeed President Trump, best two votes I ever cast (Primary & General, I’m not a Democrat!) and best political $$$ contributions I ever made……

    Liked by 9 people

    • livefreeordieguy says:

      It’s actually frightening how stunningly effective the left has been in getting at least half the country to vote against their own best interests… So many people — including my own siblings (in their 50s/60s — with whom I get along very well) — argue passionately and vehemently against their own best interests… and those of their children. It’s nuts.

      Liked by 2 people

  7. starfcker says:

    He’s been doing great on trade. He’s been allowing himself to get rolled from the inside of his administration on immigration. The woman who won’t be named on these pages is completely right about this. It does seem like most of the disloyal heads have rolled (Kelly, Short), except for Kushner and Neilson. It’s a shame he can’t find a similar team of committed, reliable, and loyal aides to help him get immigration policy under control. Where is Steve Miller? Stop sleeping in your office, brother. You’ve got work to do. Time to step up.

    Liked by 2 people

    • ristvan says:

      I disagree completely on immigration.

      Job one is the wall, because without it nothing changes. With it, everything changes; problem stops growing and we can start dealing with illegal aliens already here. PDJT has now put that construction process fully in place and it will be a promise kept by the 2020 election. Plus, he has fully e posed Dems as open borders.

      With the wall ‘done’ (note national emergency lawfare is a headfake, all the lawful ability PDJT needs is in near lawfare proof 10USC284) job two becomes reforming the immigration laws.
      PDJT has already outlined the ‘deal’: limited DACA path to citizenship in exchange for end chain migration, end visa lottery, reform asylum law to conform closely to the 1951 Refugee Convention treaty, and merit based immigration.

      But the time is not yet. SCOTUS has DACA and will overturn it as a abuse of prosecutorial discretion. AFTER DACA is gone, the Dems will be ready to deal. Not before. So wait until this summer to start.

      Liked by 13 people

      • soozword says:

        Ristvan–see my response to starfcker below about the CIS report on the potential actions which could be taken by the Executive branch without Congress’ approval. They list 79 policy changes which could add up to a tremendous improvement in our immigration system which all seem to be neglected. So where is the President’s (or DHS’) team to address these issues? There is no comparable honey badger team focused on the President’s signature issue (immigration) as there is on trade. So much potential is lost when we strive only to construct the Wall….yes, critical, but surely the Executive branch can do more than one thing at a time when it comes to policy reform, especially when it’s within its legal jurisdiction to do so without Congress!

        Like

        • joebkonobi says:

          Been there, Done that with Obama. Not a good plan IMO. I believe Trump and we the people are wise to try and get Congress to do their job. If they will not then use executive authority where it plainly exists in the Constitution, as in current situation. Overall America believes in the check on powers between the three branches of Government. Stop the bleeding with the wall, then begin rehabilitation and recovery.

          More than anything we need Trump to win in 2020. No limit to what he can accomplish in a second and final term. Too many executive actions in first term could put a second term at risk. Trust Trump. . . .and his advisors.

          Liked by 2 people

          • soozword says:

            CIS was NOT advocating doing improper EOs like Obama such as DACA/DAPA (you would know that if you had read just the first couple paragraphs) which violated previous legislation. The Executive branch makes new policies and revises old ones every day and it’s in their jurisdiction to do so without consulting Congress unless it is in violation of a law. Finding those LEGAL opportunities can make a huge reduction in the numbers coming in and/or the risk to citizens when dangerous characters can be stopped.

            Like

      • livefreeordieguy says:

        Thanks for that, ristvan… It’s easy to get discouraged so your reminder is good… God, I hope you’re right.. I agree about Jobs 1 and 2 and, if you add ‘nix birthright citizenship’ to your list, I’m 100% with you.

        Like

      • Carrie2 says:

        ristvan, and so many in the 2 parties in 1 are saying he can’t do this, when it has been known a long time that a president can. They just to make sure their brainwashed voters think this is a possibility and the uniparty is actually doing something. When will they ever get caught us to know that Trump is far smarter and faster than they will ever be and that anything he does has a purpose. They came with a lousy list of nothings, and he just ignores them and moves on. We must close down this Congress and close down the buildings, look the doors, and they leave with no benefits and can cry to their lobbyists for a new job! They are our country’s problems, not Trump and not us. There are a few very patriotic Congress members, but for the rest it is greed, thinking they are gods and have powers but a president doesn’t, meaning they need to get a copy of our Constitution and Bill of Rights and start catching up to reality. AND above all by closing down this clown of a Congress we get rid of the demented, sexual harassers, islamic clods, and above all save a huge amount of money that they love to waste and then ask us for more!

        Like

      • Nailed it, Ristvan.👍🏼

        Like

      • Jan says:

        Totally agree with you Ristvan, we can’t solve anything without barriers to at least slow them down and stop them where we can. Meanwhile, the Prez has to keep exposing Congress and FAKE news. They are our biggest enemies next to our invaders. Thought the Prez was brilliant in finally calling this an invasion and he needs to keep up the dialogue. Even stupid people understand the term “Invasion” which is what we are under.

        Like

    • rashomon says:

      It’s difficult to walk back 75 years of disenfranchising U.S. superiority in two years, especially when the elected and UNelected leadership fights you at every step. Until the public — as they did in the 2016 election — revolts against this destruction of their best interests, PDJT will continue to face an uphill battle. His enemies were caught off guard then, so they have consolidated their efforts to throttle his every move now.

      Our education system works hourly to create imbeciles as noted by AOC’s beliefs after taking a degree in economics. So much for our formerly elite universities. They now are more interested in mind control and turning out Manchurian candidates to lead the way to a NWO.

      Sundance’s articles such as this one should be required reading for every one with video lectures for those who aren’t literate. He has a unique knack for simplifying complex issues to make them consumable for all.

      Liked by 7 people

    • Dennis Leonard says:

      Your a one trick pony and also off topic.Time to get off the merrygoround.

      Like

      • Dennis Leonard says:

        above addressed to star.

        Like

        • starfcker says:

          Not off topic at all. Merely pointing out that success comes with having loyal, like-minded, competent people running that operation. His trade team has been stellar. Sundance points out everyday, things are the way they are because that’s the way the Chamber of Commerce likes it. Trump seems oblivious to the fact that every single person he’s dealing with in Congress is owned by the Chamber of Commerce. What they want is what we have now. See Gunny’s comment below. Your continual drive-bys aren’t going to make a difference on anything. If you want to debate policy, give it a shot.

          Liked by 1 person

          • joebkonobi says:

            It took 30 years of multinationalism to get where we are today, ain’t gonna be solved in the first term of a presidency. Note how President Trump’s election has reinvigorated populist/nationalist governments on a multi-continent scale. The left is being exposed and destroying itself. . . because of Trump! He’s gotta heluva long game!

            Liked by 3 people

          • Great to have an UNFAZED POTUS!

            No leader in America today stands a candle to him.

            Like

    • soozword says:

      The President has a superb team for trade yet there doesn’t seem to be one on immigration. Neilson has thousands of employees to manage so I don’t see anyone in her position to do some pro-active planning (even if she whole heartedly agreed with the President).

      Here is a report from the Center for Immigration Studies that suggests policy changes within the Executive branch that need not be approved by Congress: “Revisiting ‘A Pen and a Phone’: A Midterm Assessment, What immigration actions has the president taken, and how effective have they been?January 30, 2019, https://cis.org/Report/Revisiting-Pen-and-Phone-Midterm-Assessment

      “Most significantly, it outlined actions that might legally be taken (unlike the constitutionally dubious and extra-statutory DACA and DAPA programs) without need to rely on legislative actions by Congress — a dubious proposition in the best of times….The wisdom of our emphasis on presidential actions in lieu of statutory change has been proven during the past two years in which, notwithstanding a Republican president and a Republican majority in both chambers of Congress, little of immigration significance occurred in the legislative arena.”

      So much unexploited potential in the Executive branch to stop this legal and illegal invasion, yet where is the dedicated immigration team to focus and move the resistant bureaucracy in that direction?

      Like

      • starfcker says:

        Nielsen is like Sessions. She’s in way over her head. She should be teaching kindergarten. Add a soft-hearted liberal mindset, and she’s a disaster in the position she’s in

        Liked by 1 person

      • Judith says:

        Immigration is a Constitutional matter that must be corrected with Congressional legislation, not EO’s or EA’s. Obama’s UNconstitutional DACA “Executive Action” must be reviewed by a competent Supreme Court that hasn’t been thoroughly corrupted, IOW after Ruth is officially declared dead.

        Like

        • soozword says:

          So the EXPERTS at CIS are all wrong with their 79 recommendations but YOU know precisely what the President and his staff can do within the bureaucracy? There is always “wiggle room” (sometimes abundantly so with vague language) in interpreting law which is what bureaucrats do every day. While it’s obscene to have 2000 page bills, even that length cannot cover every circumstance or situation, even involving large groups of peoole. Believe those who criticize these 79 opportunities have no idea of legal bureaucratic discretion and/or are just looking to excuse the administration from not pursuing a more aggressive, broader approach than just wall, wall, wall.

          Like

          • Judith says:

            Obama ignored the Constitution, as usual, when he created the DACA Executive Action to undermine existing immigration legislation. (For this reason, DAPA has already been ruled unconstitutional.)

            Only Congress is authorized to change it’s own immigration legislation. Why do you think POTUS has been challenging them to do just that?

            Like

    • WSB says:

      Steve Miller is going to be on Chris Wallace’s show tomorrow. It will be the only reason to watch him. Tomorrow. Fireworks!

      Liked by 2 people

    • snarkybeach says:

      Steven Miller will be a guest on FNS. Wanna bet Little Chrissy is rude as all get out to him?

      Like

  8. Sharpshorts says:

    “…The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth…”

    We sometimes hear about the gov’ment “paying farmers” for NOT planting a particular crop…
    This practice is a designed “intended consequence” of globalism, an example of how exfiltration is accomplished.

    Liked by 8 people

    • dutzie60 says:

      Example: pharmaceuticals

      Liked by 6 people

      • rashomon says:

        Yes,the BEST example of this distortion used to destroy our health and welfare. The control of pricing and access plus the use of their advertising dollars to control the content of the LSM’s message (use our script or we will pull those bucks) smacks of totalitarianism at its worst.

        Liked by 3 people

    • Zaza says:

      “We sometimes hear about the gov’ment “paying farmers” for NOT planting a particular crop…”

      keeping in mind that the “small family farm” is a thing of the past, most farms today are large corporation owned and only operated by the offspring of the family farmers of the last century. So when you say “gov paying farmers” you really mean “Gov paying Corporations”.

      Liked by 2 people

    • Carrie2 says:

      Sharpshorts, we and our President are fighting the globalists who for decades have slowly become large corporations with their paws in many country and who can grow what, who can sell what, and Trump know this and will and is fighting against it by bringing businesses back to their home countries, and working the tariffs that the corporate globalists have had control over. They are now spending money on traitors in Congress and any where else they can. This will be a battle royal but with confidence and awaking other Americans what the problem is and what we have to work with our president to kick butt!

      Liked by 1 person

  9. Zaza says:

    It’s funny, I still know those who do not know or won’t admit that the Bilderberger Group even exists even thought the Bilderbergers themselves make no real attempt to hide other than the total privacy they employ while at their annual meeting to continue their world looting scheme.

    Ask yourself a very obvious question, after the defeat of the U.S.S.R. why do we still need NATO?

    “Early in its history, Bilderbergers decided “to create an ‘Aristocracy of purpose’ between Europe and the United States (to reach consensus to rule the world on matters of) policy, economics, and (overall) strategy.” NATO was essential for their plans – to ensure “perpetual war (and) nuclear blackmail” to be used as necessary. Then proceed to loot the planet, achieve fabulous wealth and power, and crush all challengers to keep it.”

    Remember who the fake Corp News is owned by, while they sell you the propaganda that “NATO KEEPS YOU SAFE”.

    https://www.globalresearch.ca/the-true-story-of-the-bilderberg-group-and-what-they-may-be-planning-now/13808

    Liked by 2 people

  10. weirdflunky says:

    The question that’s just begging to be answered-

    What happens to the US “AT” (after Trump)?

    Even if he serves two terms, who’s to say everything he does won’t be undone? I am hopeful but not optimistic.

    Liked by 1 person

    • Sharpshorts says:

      Yes, concerns me as well…human nature is often hard to reconcile.
      I remember the media stories of “former” East Germans, complaining about how they missed the old days (the years before the wall came down)…
      Also – post Gorbachev I thought that once the Russian people tasted their “new found freedom” that they’d never go back. Hard to know whether it’s hype or if they really do love Putin.

      Liked by 1 person

      • rashomon says:

        Putin is not Mikhail Suslov, the head ideologue post WWII when communism was fighting to survive the Cold War in the U.S.S.R. and Putin was growing up. He also is more religious than the anti-Orthodox Bolsheviks who destroyed the former church along with the monarchy. Given how untrustworthy the LSM is, I would suggest him to be a realist seeking ways to benefit his people while trying to control the mobsters enjoying the fruits of illegal behavior so common in nations under turmoil.

        The mafia lives.

        Liked by 2 people

    • archie says:

      Same as happened to Reagan. Bush shiv’d Reagan and Pence will shiv Trump. It’s not their fault really, there are visionaries and there are cogs. The cogs are ignorant.

      Liked by 1 person

    • starfcker says:

      Funky that’s why I get so frustrated with the time wasted. Maybe he’s got a plan to deal with this today we will see. Lock them up. Bust them up. Scorched-earth

      Liked by 1 person

    • GB Bari says:

      That will depend upon U.S. voters.

      PDJT will certainly let us know in a timely manner who he believes will best carry forward his MAGA / KAG policies and strategies.

      If we don’t rally to support him in 2020 and his recommended successor in 2024, then it’s our fault.

      Remember it would be far beter to have MAGA policies made permanent by legislation, but with 90% of the thoroughly corrupt Congress scheming and working against him (and against us by inference), the best he can do is negotiated deals, treaties, and EOs.

      Like

  11. Ausonius says:

    Umberto Eco, novelist, semiotician, and “Futurist,” foresaw this c. 30 years ago in his book Travels in Hyperreality which is a series of essays analyzing trends in society and economics which he noticed in the late 1980’s and then projected their courses into the future.

    He mentioned that international elites in London, New York, Singapore, Hong Kong, Los Angeles, Paris, Berlin, Zurich, etc., had much more in common with each other than with their own countrymen. Hence, patriotism among elites would decline in favor of policies favoring “globalism” which of course would favor their feathering of their own nests.

    Few people paid attention to his analysis of these things at the time. We shall see whether President Trump can reverse 40-50 years of the destruction of national economies, especially our own! It will be extremely difficult, as we see already: and do not rule out the elites resorting to some sort of criminal violence to maintain the status quo.

    Morality is not necessarily an important factor among such people, who do not shrink from bribery and cheating and lying to increase and protect their positions.

    Liked by 3 people

  12. crewdog52 says:

    Other than Trump and a handful of people around him, who is getting this information out to the majority of sleepwalkers out there in the public?. We on CTH know it, as well as a few others, but there needs to be more means of dissemination and more messengers. If I mentioned this to 90% of the people on my street, most of whom are conservative and Republican, they would look at me like I am from Mars. The GOP is nearly worthless for this task and the Dems are the out-and-out enemy.

    Liked by 4 people

    • Zaza says:

      “The GOP is nearly worthless for this task and the Dems are the out-and-out enemy.”
      ——————–

      I know “Dems” who voted for our PotUS and still fervently support him us like YOU KNOW Repubs who are still 100% against MAGA, you see them every day, the Bush neocons like Romney, Sasse, etc.

      It;s easy to forget who owns the “fake news”, the corporate MSMs are ALL owned by the globalists who are fighting against us and it is they who sell the false propaganda of “right vs left” being the entire political spectrum. The two party or uniparty strangle hold is the enemy of the truth, keep talking to people as Americans and speak the truth, without using a Party angle. They will hear it.

      Liked by 1 person

    • rashomon says:

      We need to convince Sundance to give up his anonymity so he can appear in debates on the Sunday talkshow circuit and address Russian entrepreneurs or Goldman Sachs for $500,000-per as others we-know-and-despise have suggested is the going rate. How about it?

      Liked by 1 person

      • GB Bari says:

        IMHO Sundance should remain anonymous for many reasons. This blog right here is open and free to anyone who wants to learn.

        In the past, SD has made videos to summarize important elements and developments in the Spygate and Muh Russia scandals. They were professionally edited and narrated.

        A similar format could be used to present this information.

        Liked by 3 people

        • ichicinnabar says:

          To GB Bari,

          Agreed. Sundance must remain anonymous. That is essential. He has his role. We have ours.

          It is we who should no longer be anonymous. We need to get involved and get behind and get a good person elected to congress, the govenorship or the school board. Leave your zone of comfortability and help sponsor good legislation in your state or stop the bad. Help a business grow. Mentor young people starting out. Serve Thanksgiving dinners at the Sally Ann. Donate to them directly so they can help. One of the few uncorrupted charities.

          We have a brief span of time while this lion of a man holds the door open for us.. Lets not waste it.

          Providence is watching how we use this opportunity. Will we put the widow’s mite on the alter to show we are worthy of a further opportunity? We are hanging on a thin thread. Trump is the US Enterprise alone in the Pacific taking on the entire imperial navy. This is Valley Forge. This is Washington’s crossing.

          Do not fear our numbers. But a few can change history. In our founding, a bare 3% of highly committed patriots, rallied maybe another 10% to act in order to win our country’s independence.

          – Ichi

          Liked by 2 people

  13. Elizabeth Betemps says:

    Now I understand why steaks are poor quality and very expensive in a Canadian province where cattle raising is a major industry. They are exporting it to get more revenue – exfiltration! We pay top dollar for very poor quality. Same goes for bacon when there are many hog production facilities in the province.

    Liked by 3 people

    • GB Bari says:

      Poor quality cuts of beef ?

      Try this: https://www.youtube.com/watch?v=0RWJEOScToE

      Like

    • bertdilbert says:

      Ha, it is probably the Canadian government that pays for health care controlling your diet to lower health care cost. You get beef one grade above dog food and no bacon. AOC would do the same to us given half the chance.

      Like

    • Buck desnudo says:

      But I need this explained-don’t buy it if it’s overpriced. When I shop I buy what’s on sale or a good buy, I wait til bacon is $3.99 for instance then buy and freeze, I don’t buy at $7.99. Same with beef. I suppose that’s where the ebt buyer comes in handy, he doesn’t care because it’s free. But this doesn’t make complete sense because ebt is limited, you have to manage it because if you don’t you may run out of money in the middle of the month.

      Like

    • TheLastDemocrat says:

      If your province grows great beef, you should be happy to sell the best cuts and eat ground beef. As long as you get the money. But this lousy if you have been maneuvered into a set contract for your volume.

      Like

  14. Smurfette says:

    Vertical and horizontal integration of markets across the globe gives the cabal and cartel huge control. It’s all about control.

    Liked by 1 person

  15. 🍺Gunny66 says:

    Also posted on the previous thread….thought it was appropriate for this on also….please excuse the repeat.,,,

    What happens when thousands of illegals flood the country?
    The Government, gives them welfare, EBT, food stamps.
    What do the illegals receiving these benefits do……they buy the food….they buy the food
    Sundance just wrote about.

    Overpriced food…..they do not care about prices….it is free to them….but the multi-nationals make a killing on this overpriced food bought by illegals, financed by our own Government.

    Billions are at stake. Why do you think they fight against the wall so much and want more illegal immigration…..

    They are making trillions…..it is always about money….always money….they do not care about us…only about money..

    Liked by 16 people

  16. wtd says:

    “President Trump is Slowly Stopping The Exfiltration of American Wealth…”

    Yet the left persists in undermining his every success…

    Canada’s Freeland pushes end of steel, aluminum tariffs in meeting with Pelosi https://reut.rs/2SEgF0g

    Like

  17. Adrienne says:

    Problem is, if we keep with MASS LEGAL IMMIGRATION then none of this repatriated wealth will make it’s way to lower and middle class American citizens.
    Supply and demand in the labor market works. CIS just released a study that if we FROZE ALL LEGAL IMMIGRATION FOR 40 YEARS that the Labor market, as exists today, is maintained. Same number of workers are supporting retirees, etc. As such, adding to the labor pool only further tips the scale for employers and makes it even harder for workers (at all income levels) to have meaningful increases in their wages.

    Like

  18. Bendix says:

    I was pleased to see our president mention the means by which Americans are being ripped off by high prescription drug prices, to the benefit of other countries and the drug corporation executives.
    One has only to look at the incestuous relationship between relatives of politicians and this industry, to know that there is something going on which is more than the free market at work.

    I’ve been ranting about this, and putting forward Betsy McCaughey as someone with a lot to say about it.
    I didn’t have the resources to research for myself whether Betsy’s assertions had validity; President Trump certainly has those resources, and it looks as if he put them to good use for our benefit.

    Liked by 3 people

  19. smurfette says:

    I’m not 100% against allopathic medicine but one has to wonder what is going on when 25 major naturopathic researchers were found dead in the period of one year back in 2016 or 2017.

    Liked by 2 people

  20. Curt says:

    I remember the selling of NAFTA in the mid 90’s. I really did not understand the ramifications of that policy, but (almost) everyone seemed to think it was a good trade agreement. Politicians and others had most of us convinced that America was going to be a 100% service economy. (Manufacturing was being exported to the advantage of the multi-nationals) And, at the time, that seemed like the direction the nation was heading. There were a few dissenters pointing out the dangers and fallacies of NAFTA, but they were drowned out by Washington bureaucrats and the media. We now understand how horrible NAFTA really was for the US. When coming to power in the 1930’s Adolph Hitler once famously said that the small lies will get a leader into trouble, but the big lies are much easier to have the masses to believe. How true it is.

    Liked by 3 people

  21. youme says:

    It all started with GATT, the General Agreement on Tariffs and Trade

    James Goldsmith went on Charlie Rose to warn America. If you have time, please watch. Goldsmith is excellent. Show it to your family and friends.

    https://charlierose.com/videos/1563

    Liked by 5 people

  22. youme says:

    Sir James Goldsmith warning the US Senate Nov. 15 1994…he was ignored

    SEPTEMBER 12, 2014 Testimony from Sir James Goldsmith about the General Agreement on Tariffs and Trade.

    https://www.c-span.org/video/?c4508362/sir-james-goldsmith-senate-speech-nov-15-1994

    Liked by 4 people

    • GB Bari says:

      The linked video is of a Senate Commerce Committe hearing on Nov 15, 1994, with Sir James Goldsmith testifying.

      Goldsmith was superbly eloquent and deadly prescient regarding the consequences of the globalists’ scheme.

      I wonder how many people in Congress today would listen to this and still deny that there is a problem?

      Like

  23. I have two comments on this excellent post (refresher) from Sundance.
    #1 This comment of his is a classic: “In underdeveloped countries the process of buying a political outcome is called bribery. Within the United States we call it lobbying. The process is exactly the same.”
    #2 Using the lemon story to explain the exploitation of the global marketplace is another classic.

    Thanks. Well done SD!

    Liked by 6 people

  24. StanH says:

    Always follow the money.

    The cabal has been laying the groundwork for this for over a 100 years. When ever you see a globalist twit preening on about their moral equivalence horse twaddle, followed by, “it’s not fair that we have so much and a Zimbabwean Bushman has to subside on nothing.” Or get in your way-back machine and remember “Act locally think Globally” …more groundwork.

    Perhaps we have some responsibility for taking care of impoverished countries, but not by destroying ourselves. The USA is the last best hope for the world destroy us and we’ll enter a dark age with nuclear weapons.

    Great read Sundance. Trillions are stake!

    MAGA!

    Liked by 2 people

    • Judith says:

      We have been so busy pointing fingers at our enemies without, that we fail to appreciate the insidious enemy from *within.* In the end, that will be our undoing. And The End is scheduled for 2021.

      Like

  25. INVESTOR ALERT:

    “the truth is ‘global markets‘ have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.”

    We should all bear in mind that the stock markets – beyond the wild day-to-day and intramural-day FLUCTUATIONS from Program Trading – will be going through DISLOCATIONS in the value of Global Corporations, driven by President Trump’s Trade-Negotiation tactics, Trade-Deal agreements, Trade-Energy-Defense realignments, Buy-USA E.O.s and NGO reforms (WTO, World Bank, IMF, U.N., International Courts, …).

    Liked by 2 people

    • joebkonobi says:

      I do believe you are correct BKR. Problem is I have no clue on alternative investments while the Global Corporations values shrink, as they seem to be involved in just about all sectors, including financial, commodities, tech industries, etc.

      Maybe we need more MAGA investor consultants.

      Like

  26. czarowniczy says:

    Body language in that picture looks just handmade for a ‘psychology of business’ class paper.

    Like

  27. Fools Gold says:

    Isn’t healthcare cost controlled by the same process, same procedures, and same elites? After all it’s been the worst offender coming out of paycheck for decades.

    Like

  28. sundance says:

    Liked by 7 people

  29. CopperTop says:

    What is the correct response to someone who says yes to all of this and agrees with ‘mainstreet’ hedge in principle,

    “All true but goods will always depend on the cheap way they are made in China. The supply chain volume can never equal what can come out of China which means then that the COUNTRY is a “commodity ” and it’s own market deciding force that cannot be outmatched” ???

    (I used to think the 3D mftg capabilities would be the answer but not seeing that equalizing things still for two decades.)

    Like

  30. Trent Telenko says:

    Sundance,

    There are about a 1/2 dozen pipeline projects in the Texas to move oil, gas and LNG liquids to gulf port terminals coming on-line in the next 9-to-18 months. This represents on the order of 2 million BPD of oil pipeline transportation infrastructure between the Permian basin and the Gulf coast coming on-line in 2019-early 2020, along with 2-to-3 new LNG export terminals in the same area.

    The trend lines of US oil distillate demand destruction for cheaper natural gas and US energy export infrastructure investment and growth means the USA is going to be a 3-to-4 million BPD oil exporter by the end of 2020.

    Basically, take the highest US 2012 GDP number, add 2%, and that is the _FLOOR_ for GDP growth in 2020. And I think it will be much much higher.

    The concurrent arrival of 3D printing/additive manufacturing as an “industrial thing” in this same time period means the “World Wide ISO Container Supply Chain” — where multi-national corporations live and broker world trade — is about to collapse via the removal of intermediate goods from international supply chains.

    This is happening in a big way because the over all lower domestic American energy costs via bountiful natural gas will be driving it. Print the final product — minus all the intermediate Chinese labor assembled goods pre-3D industrial methods required — in the USA with cheap LNG power and you beat lower labor costs else where without dealing with transportation costs and the Trump Administration’s US-China tariffs.

    Go short on really big multi-national corporations, especially German and Chinese one. They are too international in mind set to “become American” for their production to take advantage of these industrial trends that are collapsing the final product supply chain in the American market.

    Oil infrastructure articles related to this —

    US ends its reliance on foreign oil for the first time in 75 years
    Javier Blas 12/7/2018

    https://www.msn.com/g00/en-us/money/markets/us-ends-its-reliance-on-foreign-oil-for-the-first-time-in-75-years/ar-BBQAM92?li=BBnbfcN&fbclid=IwAR3Rv1scQBL1sCf6WY0Xv0iB_aJqWknxhYvllrJogZQsa2GLq-PkVy6NrIk&i10c.ua=1&i10c.encReferrer=&i10c.dv=17

    Largest ever continuous oil and gas resource found in the United States – newatlas.com

    As the United States becomes a net oil exporter for the first time in 75 years, the US Department of the Interior has announced the discovery of the largest continuous oil and gas field ever found.
    newatlas.com

    https://newatlas.com/largest-continuous-oil-gas-us/57579/

    Rising U.S. Crude Output Sparks Race to Build Export .
    https://gcaptain.com/rising-u-s-crude-output-sparks-race-to-build-export-terminals/

    ..
    The winners of the export terminal race likely will be those best able to navigate a regulatory process that includes multiple government approvals and overcome labor and supply shortages.

    “… On Monday, private equity firm Carlyle Group became the latest to place a bet, proposing with the Port of Corpus Christi what it said would be the first onshore U.S. export facility able to load the world’s largest crude tankers.

    One of the challenges is there more dredging demand than there is capacity in the United States right now,” he said. For the project to hit its 2020 target date, it would have to secure permits by next spring and find dredging contractors to work immediately after finishing the Army Corps’ project, he said.

    Although shale production is expected to rise substantially, it will not fill all the proposed projects, said John Coleman, an oil market analyst at research firm Wood Mackenzie.

    “Everyone is racing to throw their hat in the ring and get their project done before everyone else,” he said. Only one or two of the five proposed offshore ports likely will be needed. “There’s simply not enough oil volumes to go around.”

    Total U.S. crude exports hit a record 3 million bpd in June, and analysts say the ceiling is around 5 million bpd, which is less than the capacity of the export terminals beings considered.

    “You can’t build all these terminals, so there is an advantage to being among the first,” Sarah Emerson, managing principal at consultancy ESAI Energy LLC, said on Monday.

    Liked by 3 people

    • Ghost says:

      Excellent post. The only thing I remotely disagree with is the export ceiling. My thoughts are more will be coming online increasing need for export terminals. But then I’m known to be an optimist.

      Like

      • Trent Telenko says:

        Ghost,

        There is more upside on shale oil and natural gas production than down. (See below) The issue remains infrastructure builds that cross state and national boundaries.

        The Leftie fugheads have a say there and slowed such infrastructure builds for pipelines and terminals under Obama and in the north East with Dem governors.

        The.Texas oils types are now developing a class of LNG barge to go up the intercoastal waterway. These barges are local depots for river and coastal shipping transitioning to LNG for environmental reasons. Most of the major cruise liners are covering to natural gas, compressed or liquids because of the same international environmental rules.

        Once there are enough depot barges to drop the cost and prove the technology. Expect fleets of them to appear over the next 5 years for domestic and international LNG markets.

        Links:

        Report: Texas crude oil production breaks 1970s record
        By Sergio Chapa, Houston Chronicle Published 8:01 am CST, Monday, February 11, 2019
        https://www.chron.com/business/energy/article/Report-Texas-crude-oil-production-breaks-1970s-13606658.php

        U.S. Liquefied Natural Gas Hits Record Highs Again
        Jude Clemente
        Jan 6, 2019, 07:36pm
        https://www.forbes.com/sites/judeclemente/2019/01/06/u-s-liquefied-natural-gas-hits-record-highs-again/#1dbaaf9d141e

        U.S. Shale Oil And Natural Gas, Underestimated Its Whole Life
        Jude Clemente
        Jan 13, 2019, 07:06pm
        https://www.forbes.com/sites/judeclemente/2019/01/13/u-s-shale-oil-and-natural-gas-underestimated-its-whole-life/#20eb0a254b59

        Liked by 1 person

        • zorrorides says:

          ^ ^ ^ ^ ^ ^ ^Wow! ^ ^ ^ ^ ^ ^ ^ Sundance, you have to read this one!

          Trent Telenko, T Y. For over a hundred years Corpus Christi has been, “gonna be the next big story, next big Texas city”. And finally it’s happening.

          Fuels are the first and most important variable for a society, (ranking after land for food and water for drinking). The better the quality and amount of fuel and the lower its price, the better for all the people. Hooray for USA with its natural gas and oil! Low transportation costs and better paid workers for USA.

          I’ve been thinking on this for months now, ever since I read Sundance’s lemon story the first time. When you wrote “World Wide ISO Container Supply Chain – where multi national corporations live and broker world trade – is about to collapse via the removal of intermediate goods from international supply chains” well, the lights came on and I saw the dominos better.

          Couple this with USA in nation-to-nation bilateral trade rules, and our buyers and sellers begin to escape into markets instead of trapped inside mega-corporate control.

          Like

  31. Pokey says:

    Very good article by Mr Sundance. Thanks.
    I use a 1.6 times factor for most of my purchases these days. My experience has shown me that, on average, Made in USA, will get you a product that will last 1.6 times as long and/or perform that much better as anything made in the Far East, south Asia, Mediterranean Europe, or south of the US in the Western Hemisphere. Since nothing ever seems to get made in the Middle East and Africa, I don’t have any experience with the quality coming from those two regions. German products tend to be pretty good, but usually exceed in cost to their actual value here in the US. French, British, Australian, Scandinavian, and Southern and Eastern European Countries make products that are usually not as good as the the 1.6/1 ratio I give to the USA.
    If a pair of shoes made in China is selling for $100.00 online or in the shoe store I am willing to buy the same basic product made in the USA for $160.00 and I am betting I get to wear them more than 1.6 times as long. I am also betting that I will pay less for a lifetime of shoes than someone who buys the Chinese facsimile.
    PDJTs tariffs are having a great affect on the availability of USA made products and the average price differentials are getting smaller. Fair trade agreements will cement those changes into the globalist formulas, I believe.
    I finally got tired of buying shoes that don’t fit, cars that are made like toy transformers, electronics that work poorly and are trash the minute they break, and clothes that can’t last 5 washings before the material starts falling apart. This idea works for me. I am buying more Made in USA products and very little that was made in China, Bangladesh, or India. I am much happier because CHEAP labor produces CHEAP products to go along with those CHEAP prices.
    I am usually very happy I bought ‘Made in the USA’.

    Liked by 2 people

    • Perot Conservative says:

      I believe we used to make products t last; now some companies build appliances or such to last 5 years, 10 years. They want you back, buying again!

      Ever bought tools at Harbor Freight? Good for 1 or 2 jobs.

      I had a home DIY project, used a friend’s Mikita $240 impact driver. That thing was smooth as butter!

      Liked by 1 person

      • Pokey says:

        Just bought a replacement for my LG refrigerator last year. Damn thing only lasted 8 years. Ordered the replacement and they shipped me an updated that is even worse. That is what finally corked it for me. I found that there weren’t any appliance manufacturers that make even a decent percentage of their products in the USA. No steel. There are no TV makers in the USA now that Visio sold out to the Chinese cabal. No video panels here either. snafu
        Have you noticed that if you buy something online it comes to the house and doesn’t even look like what you thought you ordered? If you go shopping at a brick and mortar store you can only find a floor version of what you wanted and the first thing out of their mouth is we can order it for you online. Nobody has any stock of anything. It is not a wonder that shopping centers are emptying out everywhere.
        If a retailer would just keep some inventory of everything they want to sell, they would have my business every time. I hate buying stuff sight unseen and I want to touch, examine, and try on anything I am thinking about buying. I am sure there is a huge market out there for any retailer who wants to start defying the prevailing zero inventory models that they have taught in all the business schools since the 70s. I hope our President can make some of that happen. If our manufacturing can start breaking free of the global corporate cabals, it can.

        Liked by 1 person

    • okapisage says:

      Pokey, great post! Thanks for the idea!

      Like

    • TJ says:

      Cheap goods can be repaired cheaply.

      So the next step is to make repairing goods more expensive, unrepairable, or illegal without a government regulated license…to replace a battery.

      Apple under fire for allegations of controversial business practices

      Like

      • Lester Smith says:

        Many cell phones have non removable batteries. The so you have to have pay a tech or replace the entire phone. Try working on a new car lol. Then you have the video generation that avoid hard work at all cost. They rather live in their parents basement then dirty their hands. This is a major problem of our own creation. We taught them that college was the key to everything. You know stay in school do you want to have to bust your azz like I do! We all were brought up wanting to have our kids have it better than we did. No boundaries, no became maybe and maybe brcane yes. Many of us tried to be our kids friends rather than their parents. So we set the stage for the entitled generation, the self serving generation the I don’t have to generation. I think This damage has to be corrected for our countries to be saved. My wife and I have been given a second chance we have been grandparents raising grandchildren for over ten years now. We have learned a lot overtime. Love is caring enough to set boundaries and stick to them. To teach them to earn things rather than expect things. Ownership of responsibility. How many times have you sad I have to take something away for bad behavior. Try this instead who took this away. Nine out of ten times they know it was their actions. Teach for them to correct and have responsibility for their actions Use praise rather then gifts to reward good behaviors. This can be given without entrapment. In giving items we become conditioned to give. In other words I did what you want now pay up or else. I I am sorry to go on and on. But I am not trying to lecture. I I just feel we have created a lot of this mess the uniparty is exploiting. Think about it us old people especially us old white ones and the police are the blame for everything sounds like spoiled brats doesn’t it. Also think who do they run to in times of trouble? The country needs tough love. Stand with trump, their going to have temper tantrums we need to stand united and not hide in fear we’re the adult’s in the room act like it. Remember your a parent until the day you die.

        Like

  32. Doug says:

    Fascinating read Sundance!
    Thanks!

    Like

  33. Perot Conservative says:

    Ross Perot drilled down on this 30 years ago.

    On numerous occassions, he said he spoke with economists. He said Mexico pays 50 cents an hour, we pay $15 an hour, and when things level out after a number of years our workers will be making $8 an hour, if they have a job.

    He also predicted a short-term spike as companies ordered new machinery to outfit Mexican plants.

    He called it “a giant sucking sound” as jobs vacated our country.

    When Clinton bragged on and on about his economic success, Perot drilled him artfully. Something like: “Arkansas went from #49 to #47, and the primary jobs added were $5 an hour jobs plucking chickens for Tyson Foods. Now that is honorable, hard work, we honor that work. But those aren’t the jobs of the future. We need jobs in high tech, AI, high-end manufacturing and science.”

    Monsanto story even worse. I saw a TV special on 60 Minutes or 20 / 20. I believe they have an alleged Monopoly on certain seeds.

    In addition, they have bought and destroyed old seed-harvesting equipment, and threaten others with painful lawsuits. A farmer who was harvesting seeds and was interviewed, later backed off and wouldn’t talk due to alleged Monsanto threatened lawsuits

    Liked by 4 people

    • Skippy says:

      Interesting comments, Ty. Also, tonight I connected why your name w the man. Took me long enough! Appreciate your insight.

      Like

    • rashomon says:

      How well I remember Mr. Perot’s “giant sucking sound” and charts illustrating his points while a cocky Bill Clinton and a befuddled GHW Bush looked on. Too bad the parade of Arkancides weren’t investigated then. Two of the candidates could have been eliminated before they did more harm.

      Like

  34. GLOBAL FINANCIAL EXPLOITATION of NATIONAL MARKETS.

    FOUR BASIC ELEMENTS:

    ♦Multinational corporations purchase controlling interests in various national outputs (harvests an raw materials), and ancillary industries, of developed industrial western nations. {example}

    … Controlling entire Value Chains against Competition PLUS Creating Cartel Pricing through Constrained-Supply Pricing Premiums in Developed Nations.

    ♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*note* in China it is the communist government underwriting the purchase)

    … Receiving Below-Market Financing PLUS Restricted Access to Developing Markets.

    ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

    … Creating Legal and Regulatory advantages PLUS Tax Benefits, Subsidies and Government Contracts.

    ♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

    … Drawing on Slave-Wage Labor PLUS Constrained-Competition Pricing in Developing Nations PLUS Tariff-Free Reimportation to Developed Nations … Repeating the Cartel Cycle above.
    Against the backdrop of President Trump confronting China; and against the backdrop of NAFTA renegotiated; and against the necessary need to support the key U.S. steel industry; revisiting the economic influences within the modern import/export dynamic will help conceptualize the issues at the heart of the matter.

    Like

  35. James Street says:

    The Northwest Democrat establishment is big on importing socialists from India to fill government spots. They sell it by making voters think they are exotic and inclusive.

    In this article in the Puget Sound Business Journal the City of Renton (suburbs of Seattle) spokeswoman Preeti Shridhar (you guessed it) brags how she drove Honeywell Aerospace out of Renton. They’re moving to Kansas. Honeywell Aerospace is the largest manufacturer in Washington State after Boeing. Shridhar wants to replace this manufacturer with service companies.

    ‘It’s a completely different city:’ Honeywell’s closure changes Renton’s economy
    https://www.bizjournals.com/seattle/news/2019/02/14/honeywell-aerospace-closure-renton-economy.html?ana=yahoo&yptr=yahoo

    Liked by 1 person

  36. JackB says:

    The past 30 years we have enacted policies and regulatory procedures that have entrenched government backed monopolies and oligopolies as well as regulatory capture by these same oligopolies.

    Jonathan Tepper has a fantastically well researched book – The Myth of Capitalism where he shows we no longer have free market capitalism. In sector after sector from airlines to healthcare to media, to banking to search and social media the past 30 years have seen massive market concentration. The FTC has not enforced existing law on preventing concentration. Wall St socialized their speculative financial losses while their speculative gains remained private.

    While President Trump has focused on trade he has yet to address domestic market concentration. It is this market concentration and the resulting symbiotic relationship between big business and big government that is inimical to a constitutional republic.

    Like

    • TJ says:

      “I hope we shall… crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country.” –Thomas Jefferson to George Logan, 1816. FE 10:69

      “The following [addition to the Bill of Rights] would have pleased me:… Monopolies may be allowed to persons for their own productions in literature and their own inventions in the arts for a term not exceeding __ years, but for no longer term and for no other purpose.” –Thomas Jefferson to James Madison, 1789. ME 7:451

      Corporate Socialism/Welfare: The privatization of profit and the socialization of risk and misconduct.
      https://en.wikipedia.org/wiki/Corporate_welfare

      Like

  37. Robster says:

    Pencil me in as “skeptical”. If commodity prices were manipulated they’d be inflated….I believe they eventually will rise significantly as a result of Fed policy, however, not multinational manipulation. I’ve got nothing against better trade deals but with what leverage? The United States is $22 trillion in debt. Seems to me the cycle is for foreign markets to continue funding US debt thereby enabling us to buy their products…what could possibly go wrong with THAT?? (sarc).

    Like

  38. vikingmom says:

    It all seems very complicated but the big thing that people need to understand is this:

    In the 1950s-1960s families were able to afford a nice house, vacations, college for their kids, good medical care, and a decent retirement, on a single income…after the laws were changed in the 1970 to allow PACs and corporate lobbyists, all of those things changed.

    Jimmy Carter was in over his head economically and the middle class started to fall apart during his Presidency and never really recovered from the double digit inflation caused by his policies, thus many mothers were forced into the workplace because it now required two incomes to afford what had once been doable on a single one. (And yes, I am aware that some people now insist on having huge houses, expensive cars, European vacations and then bemoan the fact that they both have to work – that is a point that has to be discussed but is not what I am referring to in this post.)

    Ronald Reagan understood what had happened and he halted the slide, and even reversed it for a short while, but then GHW Bush and his cronies came in and started the process to hand the reins over to the One World Order crowd. Bill Clinton followed and accelerated it, basically handing the keys to the kingdom over to the Chinese in exchange for cash. (Bill and Hillary have been low class money grubbers their whole lives – they have no principles and no scruples. Never have, never will.)

    W came in after that and a lot of people had high hopes but he was a) in over his head and b) still trying to win “Daddy’s approval” c) relied on Dick Cheney and Donald Rumsfeld who never met a war they didn’t like d) foolishly allowed the deregulation/destruction of the banking industry as a way to artificially inflate home ownership e) all of the above

    Then, the bases were loaded and they brought in the man who had been hand-selected to finish the job…I don’t have the time or the space to list all the ways that Barack Obama deliberately set about to destroy this country: morally, financially, legally, you name it and he did it, all while an adoring media stood by and cheered his every move.

    We need to take back our government from the “professionals” who have done nothing beneficial for anyone but themselves for the last four decades. Donald Trump knows all of this but he is sorely outnumbered…not sure where it goes from here. The patient may be too far gone – I sure hope not but I am not feeling super optimistic at this point!

    Liked by 2 people

    • Kimmy K says:

      If we want PDJT to continue to try to turn this ship around he will need all hands on deck in 2020!

      My fear is if something is not done to rein in voter fraud before then.

      TPTB will not underestimate the monster vote like they did in 2016 and IMO 2018 was a test run for 2020.

      Many say the left has went off the deep end and no way will they win in 2020, but if you research Justice Democrats (the ones behind AOC, Tlaib, Omar), they have more than 50 THOUSAND followers in just over 2 years! That is downright scary!

      I read a little the other night on Twitter and there are way more drinking the socialist Kool-Aid than I ever imagined. Sure, some are probably bots but way too many believe the cr*p.

      Partly our fault, we let them teach our kids this stuff in the public schools. My husband says most under 40 are gone.

      Luckily our kids (3 girls, 24-28) are big PDJT supporters but they say most their age are dumb democrats.

      Like

    • TJ says:

      A private corporation, the federal reserve, prints the federal reserve notes written at the top of US dollars. The federal reserve note has lost over 95% of it’s value(purchasing power) since 1913, when the act was established by, self described “progressive”, president Woodrow Wilson.

      Bretton woods agreement led to the 1971, “Nixon Shock”. The decoupling of gold(no counter party risk) from the federal reserve note, into a “fiat”, free floating, currency.

      “A negative balance of payments, growing public debt incurred by the Vietnam War and Great Society programs, and monetary inflation by the Federal Reserve caused the dollar to become increasingly overvalued.”

      https://en.wikipedia.org/wiki/Bretton_Woods_system#Nixon_Shock

      Trump calls Federal Reserve ‘my biggest threat’
      https://www.bbc.com/news/business-45881966

      Liked by 2 people

      • vikingmom says:

        Yes, it took almost century for all of the horrible policies of the Woodrow Wilson administration to come to full fruition but we are now reaping the poisonous fruit that was sown during that time…the creation of the Federal Reserve, the instituting of the Income Tax (16th Amendment) and the Federalization of the US Senate (17th Amendment).

        Like

    • Pokey says:

      My assessment is very similar. I don’t know if I am misreading recent history, but it sure looks about like this to me. Barry Sotero is the evil that will never go away, and he was just a camera and microphone mouthpiece for this social globalist cabal.

      Liked by 1 person

  39. Exfiltration of Wealth says:

    If you haven’t already guessed, I think this is Sundances most powerful, informative and enlightening post.
    Ya gotta love CTH
    Come for the political intrigue, stay for the economic analysis.
    Simply brilliant.

    Liked by 3 people

  40. sysconfig says:

    A problem I have understanding is how we can essentially confiscated billions from Venezuela, freeze their gold , and then thru Bolton, have the IMF come in and prepare to dangl staggering amounts in IMF Loans. Truth be told we should apply for one too and build the wall with that..IMF showering them with Loans, Argentina got 50 billion..it defaulted twice before..Meanwhile down the street.., the ****hole in Haiti has erupted as their starving masses are rioting in the streets, with US travel alerts issued by the State Dept.as a result of the sanctions on Venezuela. Their corrupt leaders were stealing billions..$ from Fuel Discounts Venezuela gave it disappeared… And the folx want the Gov to step down..Bolton then reinforces his support for that government and tells the players to protect Democracy and keep talking..

    Like

  41. mtk says:

    Against the backdrop of President Trump confronting China; and against the backdrop of NAFTA renegotiated; and against the necessary need to support the key U.S. steel industry; revisiting the economic influences within the modern import/export dynamic will help conceptualize the issues at the heart of the matter.

    Yes, it is big mouth full. But when conceptualized to the narrative, ‘There are trillions at stake’ vs any element of MAGA that boost the shift to ‘main street’. The picture is pretty clear, ‘Wall building’ is direct investment to the domestic steel industry.
    Can’t have that!!!
    Hence lobby efforts to frame ‘wall’ discusion away from anything to do with impact on bottom line of domestic steel industry viability.
    Don’t you just love leftist newspeak.
    “They make hay about policy and regulation of the markets to suit political goals, but when government involvement to actually shape a vital national industry conflicts with ideological goals, then the belief that governmental policy is meant suit to the ‘command the economy’ becomes simply aligned against their ideologically interests.

    The wall can’t be funded, because to do so, simply introjects the question, “From where should the steel be sourced?”
    An issue to which the legislature would have to go on the record, in a up or down vote? Vote for a domestic source and a vote to fund ‘main street’ transition elements to MAGA, or vote against it, and it is a clear vote against domestic vitality.
    Hence, the media blitz to frame the discussion away from anything to do with ‘wall building’ vs impact on attempts to revitalise the steel industry, is viewed as an audiience of crickets
    Now, if building the wall had any media talking points that significanlly impacted any one of a hundred leftist sacred cows, it would have been built by now.

    Like

  42. Judith says:

    These multinational corporations squeeze every dime of profit they can manage, by *forcing* American taxpayers to make up the difference.

    Our exorbitant medical insurance covers the tab for poorer recipients. We pay skyrocketing costs for medicine that is distributed by the same manufacturer elsewhere at a fraction of the price. Ditto food prices, housing costs, and commodities.. Everything under the sun is subsidized by American sweat.

    Alexandria whats-her-face understands the process all too well. When she invites to the Dimmie reservation those “unwilling to work,” she knows who will pay their freight. It is us suckers – the American taxpayers- who subsidize these freeloaders throughout the entire world. Her faux pas was rubbing our noses in it while we still have our guns and the internet. We weren’t supposed to peek behind the Wizard’s curtain.

    In the end it is really these politicians -and their corporate sponsors- who are laughing all the way to the World Bank. This scheme has worked quite well so far for greedy Globalists, essentially an assortment of wealthy political hacks and their extremely wealthy corporate sponsors.

    The thing is, we peons weren’t supposed to catch on so soon. This is how Totalitarianism through socialism is achieved, essentially by robbing Peter to pay Paulo. When Peter is on the ropes and financially insolvent, well, then we’ve got a world of a problem, now don’t we?

    NOW do we appreciate their need for panic rooms and doomsday encampments in Dubai and NZ?

    Like

    • TJ says:

      This was recognized by a contemporary of Karl Marx, Frederic Bastiat. He called it, “legal plunder”. The socialists attacked him as they do Trump. He was “vulgar, dangerous, a friend of the rich, an enemy of the commoners”…and so on.

      The Law (1850) Frederic Bastiat

      “But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.”

      “Legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on. All these plans as a whole — with their common aim of legal plunder — constitute socialism.”

      https://en.wikiquote.org/wiki/Fr%C3%A9d%C3%A9ric_Bastiat

      Like

      • Pokey says:

        Be a real nice concept if the real situation wasn’t global level commercial cabals. I could agree if there was such a thing as a free global marketplace. There isn’t, so we have to deal with this as we can in order to have anything approaching a free marketplace in the USA again. Just buy ‘made in USA’ , until that moniker gets corrupted, and we hit the globalist cabals where it hurts them. All we have going for us is that we are the largest gang of consumers in the world.

        Like

  43. GREENMIRROR says:

    i submit that the FED and the IRS would have to be seized as well, once you establish a government with a fiat currency, then the controllers of the fiat program must establish an agency(agencies) to extract the wealth from those governed. Direct deals with sovereign nations is the way to go unfortunately USA has locked itself into the program with globalism around the Woodrow Wilson era? Seeing the IMF and NATO formed from WWII tied into Balfour Declaration of WWI and Fiat Currency is eye opening.

    Like

    • Pokey says:

      All currency is basically fiat. Always has been. What actually makes holding a gold coin more valuable than using tobacco leaves for currency besides the reputation for veracity of the issuer of that currency? There is no intrinsic value to any currency, only a convenience factor.
      A currency is a piddling risky placeholder for actual wealth. Currency is used as a measurement of the difference between the amount of wealth we create and the amount of wealth we consume and as a convenient way to represent wealth we wish to spend in the marketplace.
      If printing currency is wealth, Zimbabwe would be the wealthiest country on earth. But so would they be if money was tobacco and they grew the most, or gold if they could mine the most.
      We can survive our debts better than most countries, only because the whole world measures their currencies against ours. When that fails to be the case, our dollar will fail, no matter what our money is made of.
      At least, that is what I think I think. Adam Smith and Milton Friedman were much better than me at describing this than I will ever be. 🙂

      Like

      • GREENMIRROR says:

        The intrinsic values of gold make it way more valuable than tobacco leaves.

        What did you think of Gaddafi’s Gold Dinar Currency? How about that of the Stater in Lydia a few years ago? Didn’t someone say the Mexican silver dollar should be the first currency of the USA…can’t remember his name.

        Like

        • Pokey says:

          Most of the colonies used tobacco as a currency for many years. Seemed to work pretty good for them. Most people knew its current commodity price and it was a surprisingly stable commodity. Nothing said gold couldn’t be used as money, but tobacco worked better for the colonists. See “Free to Choose” by MIlton and Rose Friedman.
          The value of anything is what we each say it is. If I think the value of gold is higher than its commodity price I will buy some with my dollars, providing that I believe the gold is worth more to me than the dollars I must spend to buy it. If I think its value is overestimated, I will probably want to sell my gold. I hope it doesn’t sound like I am talking in circles but as long as people roughly agree on the value of anything, that thing can be used as a currency.

          Like

  44. lolli says:

    Sundance, this and other articles like this one, truly expose your brilliance.
    Thank you.
    These articles on market and trade are my favorite to forward to independents and apolitical friends and family. (Cynics due to history)

    Like

  45. Darklich123 says:

    Friendly reminder that not one bill passed in the last 20 years was written by our congressmen. They are all written by lobbyist lawyers. I think after we hang the lawyers we do the lobbyists next.

    Like

  46. TJ says:

    Well deserved praise in this thread and I add one more. Your use of “consolidation” to help understand it’s necessary consequence, corruption, surprised me. Thank you.

    “Consolidation is the present principle of distinction between republicans and the pseudo-republicans.” –Thomas Jefferson to William Johnson, 1823. ME 15:421

    “What an augmentation of the field for jobbing, speculating, plundering, office-building and office-hunting would be produced by an assumption of all the State powers into the hands of the General Government!” –Thomas Jefferson to Gideon Granger, 1800. ME 10:168

    Like

    • Your Tour Guide says:

      Great job , Sundance

      Now, for some encouraging news. We have a marker
      here for how much money these multi nationals have
      laying around loose. “Laying around loose” is very
      important. It’s what they use to bribe, lobby, overthrow,
      buy out competition, shut down competitors. It’s also
      what they use to buy ad time, underwrite PBS programs
      to make it look like they are the good guys.

      The marker? Level of EBT, WIC. If it starts drying up,
      ( which it has been), there less $$$ laying around loose.

      Keep a watch on levels of people on EBT. It empties the
      poclets of the influencers when they decrease.

      One other aside hit me here. Trump is bringing back
      steel. The energy self sufficiency is hurting importer
      countries. Makes it easier to make what was once
      made in the U.S. feasible again. And, China will have
      less money laying around loose. One word. Tires.

      MAGA

      Make Akron Great Again.

      Like

  47. wodiej says:

    This is no shock. I’ve worked in finance for over 20 years. I’ve seen my company be bought out twice. And then when I went to another job it was bought out by the same company that bought out the other bank I worked for. Anything that benefits workers and consumers is not because they care about us, it benefits them. I refuse to purchase anything made in China or elsewhere. It’s cheap junk.

    Like

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