Speaking to an audience at the Ronald Reagan National Economic Forum in California, Treasury Secretary Scott Bessent outlines how flawed trade, financial and economic policies of the past have brought us to a critical moment where President Donald Trump needs to reset the entire system in order to protect American interests.
This is a powerful and well delivered speech certain to gain attention from those who understand the challenge. Secretary Bessent pulled no punches as he outlined how members of the audience themselves have contributed to a system that has eroded the national security of our nation state by advancing short-term interests disconnected from the American workforce and American industrial base.
The message was simple, “economic security is national security” and a failure to recognize how corporations chasing profits only contributed to the diminishment of internal American wealth. The patriotic priority must be to return economic strength to the U.S., and all Americans must benefit from renewed economic nationalism. The American system must be restored. WATCH:
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Treasury Secretary Scott Bessent is a national treasure!
apologies, I should have read before I posted.
Man, I just Don’t have the words. This guy….thank God we have PDJT and his team.
Scott should start a national financial 101 course for the nation. I enjoy listening to him, a true national treasure.
I hope his time as SecTreasury will continue beyond 2028, God willing.
We need his intelligence and vision
He’s a fighter for America First. He pulls the levers needed in the financial realm to enable Trump’s priorities. Operation Epic Fury is a good example of this. Trump’s cabinet moves out as a team. Rubio and Hegseth traveling overseas and securing mineral and defense deals, and Greer securing trade deals.
Finally!
Amazing support Trump has in Bessent to reset the American economic landscape. Can you imagine if Kameltoes had won the election?? God has given us a second chance. So thankful for Trump and his team! MAGA!!
Amen.
And CEO and executive pay MUST go back to where it was 45-50 years ago. The average CEO pay today is over 1,000 times what the average worker salary is. The average salary worker is also smarter than the CEO by a large margin. CEOs and executives of large corporations are put in place by people that go to the same schools, hang out at the same bars, belong to the same country clubs, etc.
The owner of a company making huge $$$ is one thing because he or she is the owner, kudos to them. But an executive? No, that’s got to stop. The country needs to get back to where only one spouse has to work and provide (I hate this class crap) a middle class life, and executive pay MUST be decreased by a huge amount.
What would be fitting is ~50 years of relative wage stagnation for the C-suite.
The gap will naturally narrow for the rest with strong economic growth that lifts all boats.
An honest question here…a financial one….when contemplating “flawed trade, financial and economic policies”…
This Chinese bus driver could not speak or read English.
How did he pay for his CDL? Just hand over some Benjamins and took the change? One thing I am betting…he probably knew how to make change on the American dollar and understand how much cash he had left on his EBT.
5 killed, 44 injured.
First responder costs, for a mass casualty event, I have no idea about costs, you know it was high-49 ambulances?. LEO investigatory costs, for the accident, again unknown. Big shots showing up? Again, unknown cost.
For the injured, am guessing the ER stay combined, would be over 2 million, conservatively. Then hospital admissions with all the required doctors and consultants, lab and x-rays meds etc…pricey even if a short admission. But would guess well over 100k per patient. Costs to health ins. companies. Patient out of pocket costs, unknown. Cost of lost worker productivity, unknown.
For those killed, costs of autopsies, undertaker and funeral costs and family travel, another million. Then the lifelong heartache for the families…cannot put a price tag on that. The lost futures of the children. Maybe we lost an astronaut or future President?
Funny how the bean counters are nowhere to be seen or heard from?
On this one, the buck stops in Albany. I would love to see a dollar amount on this accident….
And prayers for all affected…May God our Father hold them all close.
Lives are above any calculated “cost” as you know. Incalculable when we lose US citizens.
Sovereignty 101. Bassett gets it.
Resilience, it means many things. It is critical and got lost in people’s world view.
Resilience means producing a tractor which a farmer can service and maintain rather than a computerized to every convenience wonder machine which requires a liscenced dealer and liscenced software to repair! …which fails and leaves a havest in the field or a planting undone because the farmer signed an agreement with the manufacturer that he could not and would not repair it…..
Ridiculous right?
Sometimes it all goes back to the basics, sometimes the basics define the necessity.
Resilience is a paramount consideration to individual liberty without which there is no collective liberty…..only collective failure.
Resilience is a concept core to America.