Category Archives: Trade

Winning!

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While the Democrats and their media allies wallow around in their delusions of impeachment, President Donald J Trump is leading the world to an understanding of how to help all people prosper.  Many more people from around the world tuned into listen to PDJT’s remarks at the World Economic Forum than tuned into the sham impeachment hearings in Washington.

There was a great deal of international interest in this speech.  Essentially PDJT is instructing the world that economics is not the zero-sum game that many of the world’s corrupt politicians would have you believe.  That is, just because our economy gets bigger does not mean that other economies must get smaller.  PDJT is encouraging world leaders to unleash the potential of their people, to get out of the way and let people prosper rather than trying to exercise top-down control over all aspects of their people’s lives.

PDJT pointed out that the changes that have occurred in America have helped all people, rich and poor, young and old, male and female.  A greater percentage of the improvement in the economy has come to the common people of all persuasions rather than the rich.

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USMCA Passes

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The USMCA trade deal replacing NAFTA, passed by Mexico more than half a year ago, has finally passed both the Senate and the House in the United States.  PDJT is expected to sign it next week.  The deal is a major win for manufacturing in North America.

Despite broad bi-partisan support in both legislative chambers in this country, Speaker Pelosi had held up submitting the deal for a vote for months.  Pelosi did not want PDJT to have a win in providing a better economy for all Americans.  Eventually internal pressure within her own party forced her to move on the issue.  No Democrat facing re-election wanted to be the target of voter angst because the Democrats were hurting Americans in their pocketbooks.  It is also a certainty that the Democrats did not want PDJT pummeling them about the USMCA during his State of the Union address this year.

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Brexit Wins!

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While the Democrats continue with their self immolation via an impeachment hoax the likes of which have never been seen in the history of this country, Boris Johnson has cruised to a conservative victory in the UK that has not been seen in the lifetimes of most people there.  The Labour Party is expected to lose 71 seats, their worst performance in modern history.  This will enable a swifter exit from the EU for the UK.

The Brexit Circus has exposed in detail the full extent of the devious workings of the globalists and their fellow travellers and their blatant contempt for democracy and the wishes of the people. It has peeled back layer by layer the darkly flawed construct that is the EU.  Communism has been stopped in Great Britain.  This is a massive pushback against globalism and leftist lunacy.

The vote has clearly justified PDJT’s confidence that Boris Johnson “would be okay” when the vote came.  Nigel Farage tweeted,

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What Recession?

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The Democrats and their pals in the lame stream media continue to insist that the economy is headed into a recession based on some spurious signal from the bond markets.  They insist this is the direct result of PDJT’s economic policies.  Now I would agree that the signal in the bond market that lasted about an hour a couple of weeks ago is the result of government policies, just not ours.  Central banks overseas caused the effect when they continued to affirm negative interest rates and when foreign governments continued to devalue their currencies in relation to the US.

So how is the economy doing?  Last week U.S. economic data included the Labor Department’s report on initial filings for unemployment benefits that continue to be at historically low levels.  No state was triggered “on” the Extended Benefits program during the week ending August 31.   Insured unemployment benefits are at low levels not seen in many decades.

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Has CNBC Lost Their Minds?

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Back in May, Goldman-Sachs came out and claimed that American businesses and consumers were bearing the full cost of the Chinese tariffs.  This is funny in so many ways.  If this were truly the situation, why are Chinese companies (and others) opening up plants in the US now?   If this were the case, why are companies changing their supply lines away from China?

Let’s remember Goldman Sachs is a premier investment firm who controls assets in the tens of billions.  Back in May, Goldman clearly did not believe that PDJT would follow through on more tariffs.   They really just didn’t believe a U.S. President would ever go into a full economic confrontation with China.  In this Goldman probably represents the majority opinion of the Wall Street ‘multinational’ community at that time.

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Brexit To Go Forward?

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After a week that saw the British Parliament vote against the British people and the British government but for the unelected bureaucrats in Brussels, it appears that Boris Johnson may have been playing rope-a-dope with his opposition.

Brexit is the exit of the UK from the EU.  The British people had voted for this a few years ago despite massive ad spending by multi-nationals and others to prevent it.  Johnson was elected because the British people were tired of the constant stalling that was going on.  October 31 was the latest deadline of multiple extensions previously agreed to by former PM Theresa May.  If no deal was reached, then a so-called no-deal exit would take place.

The EU will never agree to any exit deal.  They do not want an exit.  Such an action would probably embolden a few other countries to consider the same move.  The EU is top-down control over most of Europe by unelected bureaucrats.  The EU is fighting to prevent their own extinction.  Such extinction is probably inevitable based on current circumstances.

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Brexit

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There has been an interesting development on the other side of “the pond” which is the English way of referring to the Atlantic Ocean.  For more than two years the British government under Theresa May had been trying to come up with a plan to exit the European Union (EU). Most of this action under Theresa May appears to have been a stalling action.  The pols hoped that at some point the British would lose interest and the fact that the voting population had spoken out in favor of leaving the EU would disappear into history.

The fact that the Brits had voted for Brexit was as surprising as PDJT winning the Presidency here.  The polls had all shown that Brexit would go down to defeat.  Supposedly there was little chance it would pass.  The polls were wrong again.

Stalling eventually cost Theresa May her job.  The people were not happy that the UK was still in the EU.  Boris Johnson’s Party achieved a majority around the idea that he would complete the process including, if needed, a “no-deal” Brexit.

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Why Is Biden Running?

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Joe Biden criticizes Trump’s Iran strategy as a self-inflicted disaster while his opponents take advantage of Biden’s own gaffes.

As we all know, Joe Biden is running for President.  Why?  The Democrats appear to be pinning their hopes on someone whose mental acuity appears to be substantially diminished from what it was just a few years ago.  And Biden had problems then.  Biden actually appears to be less mentally agile than Robert Mueller when Mueller appeared before Congress recently.  And Mueller appeared lost at times during those hearings. What the Democrats accomplished during those hearings was to disgrace a man in front of the whole country.  What are they trying to accomplish with Biden? ... 

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The Panda Mask

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Over the weekend Chinese “lead” negotiator Liu He said China sought “calm” negotiations and opposed any escalation in the ongoing trade war..

“We are willing to solve the problem through consultation and cooperation with a calm attitude.  We firmly oppose the escalation of the trade war.”

Liu He noted that the trade war is not conducive to China, the U.S. and the interests of people all over the world.

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