U.S. Chamber of Commerce Threatens to Sue President Trump Over Mexican Tariffs…

The majority of financial media punditry claim Orangeman Tariffs’ bad.  Truly, it’s the stupidest and most disingenuous oft-spoken claim with ZERO foundation in reality.

Chinese tariffs have been in place since July 2017, no measurable inflation on Chinese goods. Steel and Aluminum tariffs in place since 2017; again, no measurable inflation on core product or finished consumer goods.   Auto tariffs on China – now absorbed by GM.  Soft-wood tariffs (countervailing duties) against Canadian dumping – same result.

The supply chain results completely refute U.S. CoC Tom Donohue’s doomsayer-promised economic proclamations.  If tariffs are so destructive, why was/is everyone ‘except the U.S’ using them to protect their industry segments and economies?

The truth is, the financial class and professional multinational lobbyists don’t want people to realize the modern trade system was designed to reduce American wealth.  It’s a feature not a flaw.

The collapse of U.S. manufacturing did not happen accidentally.  The rust-belt was not created accidentally.  NAFTA was not designed accidentally.  The back-door to the U.S. market was not created accidentally. Middle-class jobs were not lost accidentally.  Wages did not stagnate accidentally….  All of these results were brought about by specific design.

Who or what was in charge of the plan?

At the heart of trade agreements over the past 30 years you will find the U.S. Chamber of Commerce.  Yes, a Wall Street multinational corporate lobbying group actually wrote three decades of trade agreement language.

A team of business “experts” from within the U.S. CoC wrote the terms and conditions of actual trade agreements for Reagan/Reagan, Bush, Clinton/Clinton, Bush/Bush and Obama/Obama.  Add it up, that’s 30 years….. now look back to when the rust started, not coincidentally that’s 30 years ago.

All that stopped with Donald Trump.

Trillions of dollars of exfiltration stopped by Donald Trump.

Tens of trillions.

Do you think those Big Club people are absolutely apoplectic?  They are well beyond apoplectic; they are now batshit crazy angry about it…. well beyond.

Beyond losing trillions in wealth to Main Street, you know what really drives their anger?

The Big Club cannot openly confront President Trump on the specifics, because his results at reversing their scheme is clear evidence they were the engineers behind the intentional loss of American wealth and standard-of-living in the first-place.

So they are left shouting at trees… “tariffs bad”, “tariffs are taxes on American consumers”, etc. etc. etc. blah, blah, blah…  And each day that goes by; as empirical evidence that is completely counter to their predictions continues; their shouts and protestations look sillier, and stupider, and, yes, even more silly. (Watch)

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.

A YEAR AGO:

Advertisements
This entry was posted in Auto Sector, Big Government, Big Stupid Government, Cold Anger, Decepticons, Donald Trump, Legislation, media bias, NAFTA, Notorious Liars, President Trump, Professional Idiots, propaganda, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA, USMCA. Bookmark the permalink.

188 Responses to U.S. Chamber of Commerce Threatens to Sue President Trump Over Mexican Tariffs…

  1. People who believe that tariffs are a “tax on Americans”– including many people I know– do not understand a fundamental aspect of pricing: prices are set by the market, not by “costs.” If the manufacturers of cheap Chinese crap could increase prices to pay for the tariffs… they would have already done so long before tariffs and pocketed the extra profit.

    Tariffs protect American industry and jobs and keep the standard of living for Americans high.

    I have been opposed to NAFTA and similar trade agreements for these 30 years. I think the root of the problem lies in Economics 101 as taught in high schools and colleges. International trade is taught as a given of efficiency. Country A’s wine producers aren’t as efficient as Country B’s so A buys wine from B. B’s cheese makers are as efficient as A’s, so they buy cheese from A. That is taught as being “efficient.” What isn’t taught is what happens to the unemployed wine makers and cheese makers in their respective countries. We’ve seen it: opioid addiction, declining life spans, failure of young people to reproduce, no national will, etc.

    I watched my home state of NC’s major industries– furniture and textiles– were exfiltrated. What about the people who used to work in them? Nothing is said about them. Birmingham’s steel mills were closed. Now the major industry is UAB Medical. But what about the steel workers? They didn’t become doctors.

    Globalism and Environmentalism ultimately both benefit communist China at our expense. What has been allowed to happen to our industry is one of the greatest crimes in history. Never before have the so-called elites turned their backs on their own nations and institutions and simply sold off industries. They belong in prison. May God have mercy on the souls of those with ruined lives, underemployment, depression, addiction, hopelessness, and shortened life expectancies. May God bless and protect President Trump. May God bless you, Sundance, and the Treepers.

    Liked by 32 people

    • mikeyboo says:

      AND may God damn those responsible for: ” those with ruined lives, underemployment, depression, addiction, hopelessness, and shortened life expectancies.”

      Liked by 4 people

      • The Demon Slick says:

        Now that there’s no Mexico tariffs, isn’t it funny how President Trump is still making everyone rip off thier masks? It’s like his superpower or something. Tomitch Donaconnel could have just shut up and waited a few days. But no, they just cant help themselves, tripping over each other as they race to the cameras. It’s awesome. Look upon them and see them for what they are. Let the whole world see.

        Liked by 1 person

    • WSB says:

      Beautiful post, realgaryseven.

      Liked by 7 people

    • KnowSERENoFear says:

      Realgaryseven – Thank you for an outstanding comment…I know I learned something.

      Tariffs also funded the federal government until 1913 when they realized it was more profitable to fleece their own countrymen.

      Liked by 6 people

    • Steven Edwards says:

      I’m sure some buggy whip makers and hay farmers had social problems like addiction due to economic dislocation from the collapse of their industry by the rise of automobiles.

      The world moves on…

      Look at the history, we created a Hay Farmer Subsidy, wasted tons of money, crop land and taxpayer monies because of these exact same arguments. It accomplished nothing, other than enabling those farmers to drag their feet moving to other crops and adapting to the new world.

      If you want to say Mexico or China or whoever are not playing by the rules, fine, we can have that discussion, but arguing protectionism simply to protect failure is asking the taxpayers to give a participation trophy to anyone who shows up to the game.

      Like

      • Arrest Soros says:

        Don’t bother Steven, the mob will just pounce on you.

        Like

      • KnowSERENoFear says:

        Nice counter comment. Thanks!

        You are right about welfare…very bad…abhorred by our Framers. Sounds harsh, but businesses and people – at times – must be left to adapt. The pursuit of cosmic justice is NOT the solution.

        Like

      • “If you want to say Mexico or China or whoever are not playing by the rules, fine, we can have that discussion, but arguing protectionism simply to protect failure is asking the taxpayers to give a participation trophy to anyone who shows up to the game.”

        Straw man is gonna straw.

        I said nothing about failure or obsolete industries or outmoded technologies. If they were obsolete or outmoded, they would not be stolen by communist China and their traitor allies in the US.

        Liked by 12 people

      • The Demon Slick says:

        To say that we have a free market to begin with is a false premise. It’s one thing to argue against introducing tariffs into a free market. It’s just not what’s actually going on. If that’s pouncing then so be it.

        Liked by 1 person

      • StanH says:

        George Will that you?

        Comparing the buggy whip industry to the textile industry and the many industries decimated is absurd. At the height of the buggy whip industry maybe 10,000, perhaps a part of a tannery. Tens of millions of people lost their jobs due to NAFTA, GATT et al. I know this because I owned a small sewing factory (1985 – 2001) with 35 employees and around 25 subcontractors. There were dozens of large sewing plants in this area, some of them with a 1000 sewers, all gone. I remember as I reduced in size and the giant sucking sound continued, being asked “what will I do, I need my little job?” Oh, all white and black men and women. I guess I should have told them about buggy whips.

        Then at the same time the gate was opened on the southern border, so as the factories moved south and east (China) the construction industry was eviscerated as well, by allowing 40 + million squatters in this country. They would do the same job, and at those times poor quality for rice & beans and let them live in the garage.

        Just wow!

        Liked by 2 people

      • oldguy05 says:

        We should STILL have a hayfarmer subsidy. Instead we have a GMO soy subsidy and that’s what we feed animals nowadays. Where’s all these cancer and stomach problems coming from? Gee. I dunno! But Heck! It’s free market commerce! They wouldn’t do anything that they knew would hurt us!

        Like

    • lotbusyexec says:

      And may God bless you – great comment to a great informative post!

      Liked by 1 person

    • lotbusyexec says:

      And may God bless you – great comment to a great informative post!

      Liked by 1 person

    • uvaldegirl says:

      I could never say it better. It is a tragedy on our nation of greed and elitism. How dare this happen.

      Like

    • Darklich123 says:

      Bannon talked about this. We need a return of economic nationalism. We had it in the early 20th century, but it is now dead due to rootless international cosmopolitans. Everyone jumped off the bannon train but he had some excellent ideas. A pity the demographic bomb will explode before we can convince people to think of America first again.

      Liked by 1 person

    • oldguy05 says:

      The steel workers didn’t become doctors. They became nurses aids. Proud workers that now wipe butts while having this “globalism” shoved up theirs.

      Liked by 1 person

    • ibid says:

      The funny thing about karma:
      Such complicated enterprise can be ground to a violent halt, just by dropping a spanner in the works.
      In other words, everything is fun and games until the power goes out.

      Liked by 1 person

  2. Timmy-the-Ute says:

    Liked by 4 people

  3. A2 says:

    I guess Mr Donahue can put his speech in the bottom drawer.

    Donald J. Trump
    @realDonaldTrump
    ·
    10m
    I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended. Mexico, in turn, has agreed to take strong measures to….
    2.5K
    6.9K
    18.9K

    Donald J. Trump
    @realDonaldTrump
    ….stem the tide of Migration through Mexico, and to our Southern Border. This is being done to greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States. Details of the agreement will be released shortly by the State Department. Thank you!

    Liked by 1 person

  4. covfefe999 says:

    A day or two ago Sundance posted an article about Romney being on board with the carbon tax nonsense and correctly identified it as wealth redistribution. The gist of it is: Energy producers are taxed heavily and they raise rates, but you the consumer get a rebate at the end of the year. The lobbying group pushing this crap is quick to state how big the rebate might be but they bury the bad news: your increased costs for energy might exceed the rebate. You know some bigwigs are going to make a mint off of this scheme, including the rebate processors (PayPal and Western Union were proposed, believe it or not). Kevin McCarthy is in on this thing, as is Romney. Maybe these guys can easily throw away an extra $1000 or more for their heat and electricity, most middle class and lower cannot. Please please please voters pay attention to what your candidates are doing. You need to give Trump GOP majorities to stop the nonsense we are now seeing in the House, but during primary time get rid of the self-serving greedy RINOs who are willing to throw you under the bus so they can make more money.

    Liked by 4 people

  5. mikeyboo says:

    Drawer?????? have another idea about where Mr. Donahue can put his speech.

    Liked by 1 person

  6. covfefe999 says:

    There are two things that made me laugh out loud in Sundance’s article: “Orangeman Tarrifs bad” and the graphic “This sh*t is why I won” Hahaha! Always good to retain a sense of humor about this crap.

    Liked by 2 people

  7. covfefe999 says:

    One more comment: it’s really important for new readers to know that the US Chamber of Commerce is not some kind of government agency, it’s a freaking LOBBYING group. Just a bunch of wealthy a-holes who don’t care what happens to normal citizens, like we don’t have enough of them around.

    Liked by 5 people

  8. mazziflol says:

    So the tariffs are not about national security and Mexico stopping illegal immigration?

    Liked by 1 person

  9. J Gottfred says:

    Ok so I sent this prior to Trump’s announcement that we may have a deal with Mexico, but the National Coc pisses me off…

    “Who the hell are you thinking you are?

    I live in So California and I deeply resent the number of illegal immigrants that are being let in to our country. Go ahead and file suit, and I will lead protests against you and what you stand for –International interests aligned against American life, liberty and the pursing of small business opportunities that are opposed to those interests served by the big business.

    I have been “rear ended” in my car by illegal immigrants Mexican nationals driving cars that have costed me more than $15,000 in damages to my personal cars in the past 5 years. This is far greater than any cost you impute for additional costs for products imported from Mexico. I will be money ahead.

    You do not represent me and the American Consumer. You represent the interests of the largest business interests who benefit from no import duties. You have no right to sue on my or any other American voter’s behalf.

    Jeff Gottfred***
    Dana Point, CA

    Liked by 4 people

  10. Luz Maria Rodriguez says:

    ” …. the modern trade system was designed to reduce American wealth”

    That’s it: these movers and shakers place personal profit over the welfare and fairness in citizenship. In their upside down world, such appears to parallel the values of communists like Mao, Castro, Chavez. Each of these psychos died enormously wealthy while espousing penury for the lemming worker bees.

    Liked by 3 people

  11. beaujest says:

    Throw the commie Donohue in Gitmo !

    Like

  12. Liberty ONE says:

    US Cof C = Establishment/RINO’s/ Cheap Labor/ Illegals/ More profits AND SCREW the American worker and middle class.

    Liked by 1 person

  13. Rex says:

    .
    ” The back-door to the U.S. market was not created accidentally. Middle-class jobs were not lost accidentally. Wages did not stagnate accidentally…. All of these results were brought about by specific design.”

    – Home run quote right here by Brother Sundance.
    ..

    Liked by 5 people

  14. TwoLaine says:

    #JustDoIt

    Let’s see if they have any “standing”. I’d like to hear a definitive F-NO.

    Like

  15. We need to look carefully at Tom Donahue, his background is very sketchy. Is he a stealth Democrat? He certainly acts like one and his emasculation of high level Republicans, certainly indicates he is hurting our Party…

    Like

  16. Old Lady says:

    Donahue and his silly congressional convoy need President Trump’s boot print on their necks. He is so much smarter than you fleecers..

    Like

  17. Deplore Able says:

    President Trump to Tom Donahue: “Take a big bite of that burrito!. And by the way, it isn’t good policy to pull the lion’s tail.”

    Like

  18. bored identity says:

    I am pleased to inform you that The United States of America has reached a signed agreement with Mexico. The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended. Mexico, in turn, has agreed to take strong measures to….
    — Donald J. Trump (@realDonaldTrump) June 8, 2019

    “Strong measures”.

    No tariffs for Mexico- from “Now, and INDEFINITELY.”

    And what did US get in return – from “Now, and INDEFINITELY”?

    Heckuva Art of the Deal

    Like

    • butch cassidy says:

      Bored, reading most of the comments on that twitter thread, there are some real nasty comments about president Trump. So do you agree with them? And if so why are you even bothering posting on this site?

      Like

      • bored identity says:

        There’s nothing between the lines in my comment.

        The President himself said only few days ago that he wants action, no words from Mexico.
        They had a plenty of time to do it.
        But, now we get again to some new 90 days time frame;

        Sundance :
        “In this 90-day window Trump will be consistently establishing the groundwork for the possibility of the tariffs; and he will do so with vociferous praise upon AMLO and the Mexican authority. If Mexico fails Trump will have a library of goodwill to reference for his disappointment; which in turn negates the political attacks if the tariffs are needed.”

        This is where bored disagrees;

        1. Next 90 days will set/break another record in a number of invading hordes on our southern border.

        2. After that 90 days, Trump will not use his Presidential Power to enforce tariffs on Mexico.
        3. Trump should listen more to Stephen Miller.
        4. Trump should hire Kobach.
        5, Trump should let his Son in Low to be nothing more thant that.

        Also from Sundance:

        ” Additionally, there are reports Treasury Secretary Steven Mnuchin and U.S.T.R Robert Lighthizer were against the Mexico tariffs. Of course they were; they should be. Mnuchin and Lighthizer are protecting their work product, the USMCA trade deal.

        President Donald Trump’s Treasury secretary and top trade advisor opposed his surprise plan to impose new tariffs on Mexican imports, according to a source close to the White House who said the idea was pushed by immigration hawk Stephen Miller. (read more)”

        Like

        • butch cassidy says:

          Well that explanation is a heck of a lot different then the tweet you posted. It’s not healthy to agree with someone all the time just because, I understand that, however the tweet you posted was more than snarky and the last word “enjoy” sure makes one question just whose side ones on. I’m not sure how all of this will turn out, but I do know that Trump is doing more for the American people than anyone one else has in years. Sometimes it’s not fast enough for some folks.

          Like

          • bored identity says:

            Your civil discourse leaves me with nothing but to admit that you’re right: yes, bored is impatient and nervous because he’s not so sure that there’s enough time left for Trump to deliver.

            18 months will not be enough if the Cold Anger gets replaced with Voter’s Apathy in Pennsylvania, Michigan…

            Having said that, no one – at this point – can convince me that Ann Coulter is less loyal to the core ideas of Trumpism, than any of Trump’s hand selected Chiefs of Staff

            Mark my words, this Benedict Mulveney guy will cheerfully admit in some future memoirs how he accepted that Inside Job only so he can ‘ damage control ‘ Trump efforts to drain the Swamp.

            Now please watch how carefully was staged ( the trucker hat guy’s face expression,ie) this short PBS vignette that was promoting everything that Trump with his intuitive use of Sailer’s Strategy stands against:

            https://www.usnews.com/news/blogs/washington-whispers/2013/08/01/cantaloupes-sent-to-representatives-who-voted-against-deferment

            You think this CoCing Stooge would ever participate in some 2019 flyover town hall event to tell potential voters that we have to build The Wall because “can you even imagine how angry we had made some people that every member of Congress found a brick at their desk, while DC postal system simply collapsed after not being able to deliver a hundreds of thousands bricks to the White House”?

            I can assure you Mulvaney would never say to Trump “We’re writing off too many people,”

            Because only deplorable rajsis would mail a congress with a brick in a parcel, and Trump does not need their votes anyway…
            After all, Mulvaney’s Tsunami of Rainbow PoC voters will keep Trump in the White House after 2020.

            Right?

            Like

            • bored identity says:

              The year was… 2006, and the Republican wing of Uniparty controled both chambers of Congres, with GW Bush in the White House :

              “More than 10,000 bricks have been sent to members of Congress by thousands of people who advocate building a wall the length of the 2,000-mile U.S.-Mexico border.

              Rep. Scott Garrett, R-N.J., called the project organizers to ask what to do with all the bricks. “Build a wall,” he was told.

              https://www.washingtonexaminer.com/thousands-of-bricks-sent-to-congress

              Many of the bricks are painted red, white and blue with slogans like “No Amnesty,” “Build a Wall Now!” and “Good Fences Make Good Neighbors.”

              Like

  19. Howard Richman says:

    Sundance is right about the “too big to fail” banks controlling U.S. commodity prices. For a case study about how large banks took control of aluminum inventories and thus the aluminum market, see:

    http://www.law.harvard.edu/programs/olin_center/Prizes/2017-2.pdf

    It all started with the Gramm-Leach-Billey Act of 1999. Before that act, banks were prevented from trading physical commodities. This was just one of the disastrous measures that President Clinton foisted upon the American economy. He also:

    1. Repealed the roll-over treatment for capital gains taxation precipitating the house price bubble that caused the Great Recession.

    2. Negotiated NAFTA, resulting in the great sucking sound.

    3. Let China into the WTO and gave it most-favored nation status resulting in millions of US jobs going to China.

    As a result, middle class income stagnated until Trump took office. See:

    https://www.americanthinker.com/blog/2019/04/trumps_32_economic_growth_puts_bush_and_obama_to_shame.html

    Like

  20. In response to Steven Edwards comment: “I’m sure some buggy whip makers and hay farmers had social problems like addiction due to economic dislocation from the collapse of their industry by the rise of automobiles.

    The world moves on…”
    I say, automobiles are not a fair comparison to buggy whips. There are still about 100 million cars made per year I think. And they are a key component of each country’s economy (commuting, travel, deliveries, etc.) so very important.
    Also, I do not think President Trump is being protectionist (i.e.barriers against other economies to force the purchase of one’s own economy’s goods). He has expressed the fact that he wants “zero tariffs” for all products. The difficulty for other countries is that he also has expressed that our trading partners must remove their tariffs (and non tariff barriers) for American goods.

    Liked by 1 person

  21. Doohmax says:

    Trump is a genius at getting the wolf to shed his faux sheep attire. He has baited the media into destroying itself, the Dems are all falling over themselves in a headlong scramble into socialist oblivion and with the Mexican tariffs, he forced the globalists in Republican clothing to show their hand.

    Like

  22. Walt says:

    That’s all excellent but the picture can be presented in a much simpler form. If my choice is I own a factory in the U.S. or I own one in China my issue as an owner is strictly what does it cost to deliver a widget to the store. The overseas factory will be lower cost in most all cases. My cost of production goes to the Chinese workers and government rather than mainly to U.S workers, but THAT IS NOT MY CONCERN AS A FACTORY OWNER. It’s the U.S. worker’s problem, maybe our government’s problem, but IT IS NOT MY PROBLEM.

    Now extend that to more and more widgets, gee, we’re running short of U.S. factory worker jobs but I guess the former factory workers can perform SERVICES for other U.S. folks … of course there were ALREADY workers doing most of those jobs so the best opportunities would be in areas of expansion … health care and … government/legal and … um … not sure. Well there’s always room for hard working people making beds and building houses … um … scratch those because we’re importing people who don’t have to obey our laws and who can thus do those jobs for less than an American.

    A deeper issue: If my factory is in the U.S. I’m paying U.S. labor rates and I’m going to have to innovate steadily to keep down my costs. U.S. industry will benefit from that innovation. If the factory’s in China, my labor costs are set by the Chinese government as they see fit — labor there is nothing like free market — and if I innovate CHINA gets the innovation.

    BUT NONE OF THAT IS MY PROBLEM AS A FACTORY OWNER. As a factory owner what happens to America and Americans is in the short term ‘an externality.’ MY PROFIT IS BETTER WITH THE FACTORY ‘SOMEWHERE ELSE.’ Why WOULDN’T it be worth my while to buy as many Congressmen as necessary to keep the laws allowing me to pay China to make stuff that sells to Americans? If those Americans are unemployed and need help buying my widgets why the government’ can help them … and tax and borrow from other Americans in order to do it. That gives Congressmen more power and you won’t find any complaints about that from Congress.

    Tariffs are a way to reflect the cost of those externalities back to the factory owner. They make ‘not my problem’ into MY PROBLEM! Witness the fact that the CofC is indeed batsh!t crazy about them.

    Liked by 2 people

    • oldguy05 says:

      Great comment. But is it sarcastic or do you own a factory? Does owning a factory negate patriotism (we all know the answer to that). Should we all succumb to globalism and care nothing about our own country? Have we become so greedy that we care nothing about our friends, neighbors and fellow countrymen? Because if this system is interrupted, unless you bug out to Qatar, you’ll have to rely on those people and if you’ve screwed them…Good luck with that!

      Liked by 1 person

  23. Trent Telenko says:

    If the CoC is suing, they don’t have the GOP votes in the House to over ride a veto.

    Call it “The Cantor Effect.”

    Liked by 1 person

  24. ATheoK says:

    U.S. Chamber of Commerce!?
    Losers!

    Add in all of the Senators and RINOs who backed the Chamber of Commerce’s play.
    Losers!

    Now that Mexico has buckled, or pretends to buckle, the Chamber of Commerce, senators and those doofus RINOs?
    A$$ backward idiot Losers!
    Losers that have told America and Americans how anti-American and Anti-legal resident they are.

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s