patrick.net

In related news, Marine One has gone down over the Atlantic Ocean.

rdm says

King of Greenland

he-he, good one - might refer to him that way in future

Good. Fully support the move!

Fantastic time to buy stocks if you ever saw an opportunity.

Trump tweets.
Market sinks.

....better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing..
— Donald J. Trump (@realDonaldTrump) August 23, 2019

Imagine what a jobs and economic (and Tax collection) boom if just 20% of outsourced manufacturing comes back from China.

YUGE!

I support him on this. GTFO!

HonkpilledMaster says

imagine what a jobs and economic (and Tax collection) boom

Clearly the financial markets agree with you.

But who knew you could just, helter skelter start slapping tariffs on shit and the whole supply chain in the world would just miraculously change and suddenly good jobs start sprouting up in the rust belt and 4% growth in GDP and all the rest, we're golden baby. No doubt, he is "the chosen one"

He just raised again the ante:
Tariffs on $250 billion in existing tariffs to go to 30%
Planned 10% tariffs on a further $300 billion in Chinese goods will be taxed at 15% instead of 10% starting with the first tranche on Sept. 1. The second batch of goods is due to be hit on Dec. 15.

Waited Friday night.
Shareholders prepare your bucket of Vaseline.

rdm says

Clearly the financial markets agree with you.

Who cares? The Financial Industry doesn't create millions of jobs for Middle America.

You have to make money before you can buy stock.

Mostly for Harvard Grads of already well off families, who probably cheated on the SAT.

It's very funny how the Left says "Bah, Stock Market isn't the Economy" when it suits them and "OMG, this'll hurt the stock market" when it doesn't. And the lack of interest in the Kreative Klass - the White Professional NPR base of the Dem Party - in what actually benefits the working class (ie not the lumpenprole vote in Baltimore, but the Ohio Blue Collar Vote)

In the long term the stock market will recover, and in fact do better since Domestic Companies are more easily valued, will have a high base value (in a more expensive place), and will be far more accessible for transparency and lawsuits for the shareholders than if they were in Chy-Nah.

Weird thing about Trump is he says things that appear crazy at first, because you know no other politician would say them, but he often turns out to be right.

I reserve judgment until things pan out.

Ceffer says

but he often turns out to be right.

Don't really see that, but as they say, even a blind hog gets an acorn once in a while.

HonkpilledMaster says

It's very funny how the Left says "Bah, Stock Market isn't the Economy"

Of course its Trump that has made the Stock Market a key indicator of his success with the economy. Live by the sword, die by the sword? I agree it isn't but it has become more important to people as pensions disappeared and 401K s have become a prime source of income in retirement and savings in general.

Everybody jumped on him about the Greenland thing, but if you just look at the raw facts, he is right: the USA would benefit greatly from acquiring Greenland as a territorial and strategic asset. If support and maintenance of Greenland is burdensome to a small country like Denmark, it might be for sale. Whether Trump's diplomacy is fallible, his thought on the matter isn't. The USA acquired the Louisiana Purchase and Alaska the same way.

Like everybody else at first, I thought it was weird, then the more I looked into it, it makes sense. That doesn't mean that Denmark doesn't have the right of refusal but it is a matter that could be submitted to ongoing negotiation.

rdm says

Of course its Trump that has made the Stock Market a key indicator of his success with the economy.

Actually, Unemployment is his favorite brag. And even with revisions, it's still about the lowest unemployment since the late 60s.

Ceffer says

Like everybody else at first, I thought it was weird, then the more I looked into it, it makes sense. That doesn't mean that Denmark doesn't have the right of refusal but it is a matter that could be submitted to ongoing negotiation.

Harry Truman also tried to buy Greenland, and I believe Eisenhower also made overtures.

#HaberdasherManBad

The Trade Deficit with Chy-Na is an enormous problem which is hallowing out America between Kreative Klass overcompensated jobs in Academia, lots of shitty contract work for White Collars, and crappy jobs for everyone else. Manufacturing balances the economy and makes the American Dream possible for everybody (it also creates good paying, permanent White Collar jobs in Engineering, Quality Control as well as far more Blue Collar jobs in Trucking. Also, Truckers are right wing and Longshoremen are Communists).

Ceffer says

Everybody jumped on him about the Greenland thing, but if you just look at the raw facts, he is right: the USA would benefit greatly from acquiring Greenland as a territorial and strategic asset. If support and maintenance of Greenland is burdensome to a small country like Denmark, it might be for sale. Whether Trump's diplomacy is fallible, his thought on the matter isn't. The USA acquired the Louisiana Purchase and Alaska the same way.

Like everybody else at first, I thought it was weird, then the more I looked into it, it makes sense. That doesn't mean that Denmark doesn't have the right of refusal but it is a matter that could be submitted to ongoing negotiation.

Agreed. Trump is a bit similar to former German chancellor Kohl in that respect though overall much more successful. Kohl simply went for the reunion when the situation presented itself and all the lamestreamers and fourth Reich leftoids were screeching and squealing Nazi! and never Germany again! and demanded years if not decades of careful negotiations and planning to even come closer to a possible reunion. Kohl's approach seemed primitive and like an elephant in the China shop but he said fuck it now or never and seized one of the most important moments in German history and made it happen. Had he waited or wavered just a tad bit the opportunity would have been gone. And despite otherwise being an average chancellor with scandals Kohl made history with this one move only, greatly helped by the fact that neither the Russians nor Americans perceived him as a threat or ivory towered towered elitist, but more of a buddy and man of the people. Trump has a similar instinct and drive for opportunities like these and will attempt to seize them all.

Wow, good thing we avoided the dreadful Hillary Dictatorship by electing a man who tells private companies how to do business and basically threatens them because he is a whining little bitch.

As for Greenland, sure, it's not stupid to ask about buying it. but perhaps it should be asked of the residents and Denmark. Greenland has an unusual political status; it is not merely Danish land. How would Trumpturds feel if Britain asked to buy some Flyover state like Tennessee and then got all pissy when Trump said no? What if Britain asked to buy Kansas and Trump said yes without asking Kansas?

Basically, you guys have your heads so far up Donnie's ass that you can't see just how boorish and stupid he is. If he wanted to buy it, he should have approached the deal properly and then not whined like a little bitch when he got rebuffed.

And to think right-wingers used to call Obama a "tyrant".

I'd slap a 100% tarrif on everything entering the US, from everyplace.

Heraclitusstudent says

Shareholders prepare your bucket of Vaseline.

This is a fine example of some seriously short term thinking!

Peter Thiel: "China is an unusually dirty country dirtying up the planet. Trump’s 25% tariffs on China should be reframed as a carbon tax."

Expat01 says

Wow, good thing we avoided the dreadful Hillary Dictatorship

Obama was a piker and Hillary a would be piker, compared to el douchebag de konge af Grønland.


Donald J. Trump
✔
@realDonaldTrump
For all of the Fake News Reporters that don’t have a clue as to what the law is relative to Presidential powers, China, etc., try looking at the Emergency Economic Powers Act of 1977. Case closed!

66.8K
8:58 PM - Aug 23, 2019
Twitter Ads info and privacy

"Mr. Trump has often made drastic threats as a negotiating ploy to force a partner to offer concessions, as when he vowed to close the border with Mexico or impose tariffs on its goods to force action to halt illegal immigration. But if he were to follow through, it would be the most significant break with China since President Richard M. Nixon’s diplomatic opening to Beijing in the early 1970s.

Mr. Trump’s claim that he has the power to order American companies to pull out of China also represents the latest assertion of authority by a president who has repeatedly crossed lines that his predecessors have not. While he came to office criticizing President Barack Obama for exceeding the power of his office, Mr. Trump has gone even further in creative ways to take action on his priorities.

“Any invocation of the International Emergency Economic Powers Act in these circumstances and for these purposes would be an abuse,” said Daniel M. Price, a former international economic adviser to President George W. Bush. “The act is intended to address extraordinary national security threats and true national emergencies, not fits of presidential pique.”

Under the weight of Mr. Trump’s tariff war, China has already fallen from America’s largest trading partner last year to the third largest this year. The United States remains China’s largest trading partner. China said Friday that it would raise tariffs on American goods in retaliation for Mr. Trump’s latest levies and the president vowed hours later to increase tariffs even further."

https://www.nytimes.com/2019/08/24/world/europe/trump-g7-summit.html?action=click&module=Top%20Stories&pgtype=Homepage

Fully support.

Expat01 says

Wow, good thing we avoided the dreadful Hillary Dictatorship by electing a man who tells private companies how to do business and basically threatens them because he is a whining little bitch.

Right, TPP was so much better, where a panel of unelected corporate lawyers, picked by politicians around the globe, Could fine towns in the USA if they, for example, mandated that big box stores close between midnight and 6AM. It also guaranteed a whole dollar a day! Tough Labor protections.

Negotiated in secret, kept in a SCIF, even Congressmen weren't allowed to copy parts of it to study in their office.

The Gold Standard, really.

80% of the Pacific Garbage Patch is Material that's Asian in Origin.

But Macron, Trudeau, and the Enviro Gang only wants US/Canadian cleanup payments and regulations.

"Oh, well China will have voluntary self-regulation and compliance."

Yeah? Look at the Montreal Protocol on CFCs. China, a signatory, is blatantly violating it, and it can't be hidden because the emissions can be detected off it's shores.

https://www.nytimes.com/2018/11/03/climate/china-ozone-cfcs.html

https://www.reuters.com/article/us-china-environment-ozone-idUSKCN1ST0A8

And to think right-wingers used to call Obama a "tyrant".

I always considered him more of an evil weasel.

rdm says

“Any invocation of the International Emergency Economic Powers Act in these circumstances and for these purposes would be an abuse,” said Daniel M. Price, a former international economic adviser to President George W. Bush. “The act is intended to address extraordinary national security threats and true national emergencies, not fits of presidential pique.”

Oh my, a corporate globalist lackey doesn't want it! It goes against the "New World Order"
www.youtube.com/embed/MADYzQstpsU

Merry Christmas, a Democratic Congress gave the President full powers to declare and enforce a National Economic Emergency. Here's the first part:

https://www.govtrack.us/congress/bills/95/hr7738/text

SEC. 203. (a) (1) At the times and to the extent specified in section
202, the President may, under such regulations as he may prescribe,
by means of instructions, licenses, or otherwise—
(A) investigate, regulate, or prohibit—
(i) any transactions in foreign exchange,
(ii) transfers of credit or payments between, by, through,
or to any banking institution, to the extent that such transfers
or payments involve any interest of any foreign country or
a national thereof,
(iii) the importing or exporting of currency or securities;
and
(B) investigate, regulate, direct and compel, nullify, void,
prevent or prohibit, any acquisition, holding, withholding, use,
transfer, withdrawal, transportation, importation or exportation
of, or dealing in, or exercising any right, power, or privilege with
respect to, or transactions involving, any property in which any
foreign country or a national thereof has any interest;
by any person, or with respect to any property, subject to the jurisdic-
tion of the United States.

Person, of course, has already been defined for over a century and a half to include "Fictional persons" aka Corporations. And Property doubly covers it.

I watched a bunch of "fuck china" utube vids last night. It was glorious!

Scott Adams at his best:

www.youtube.com/embed/wE45xJmMGO8

"Fuck you China!" over and over... Shorter than his usual cast as well. Best part starts at ~15:00 until it ends.

just_dregalicious says

evil weasel

That implies intelligence...

just_dregalicious says

And to think right-wingers used to call Obama a "tyrant".

I always considered him more of an evil weasel.

Maybe more of a clueless knee jerk Globalist Donkey Turd.

You act like Trump is your boogeyman.

Liberals forever wanted jobs brought back to US. But because Trump did it, suddenly it’s bad.

jazz_music says

just_dregalicious says

I watched a bunch of "fuck china" utube vids last night. It was glorious!

SUCKER!

You're falling for the bullshit. There's always a boogeyman when the rich people want your money.

They don't want us to talk about standing up to them.

They pay billions now each year to disinform and neutralize us with altered reality news, disarming truth with their phony think tanks and crooked lobbyists. IT'S AN INVESTMENT. IT'S WORTH IT TOO TO STOP TRUTH FROM MATTERING.

China never stole a single job.

I'm only a little bit pregnant.

It's NINETEEN Eighty Six!! The Soviet Union will be around for at least most of our lifetimes. I know, I went to college and I'm educated. We have to get along with Gorbachev! Stop Ronnie Ray-Gun!

jazz_music says

Will Trump start making his merch in America?

No. He's just a clown with a mouth, a cult following, and a hustle.

Kind of like John Edward, psychic.

TDS level 4.