Topic: Up Like Trump - page 164. (Read 572791 times)

In a revealing interview, Trump predicts a ‘massive recession’ but intends to eliminate the national debt in 8 years




[...]
Trump, at another March 30 campaign event in Appleton, Wis., has surprisingly pessimistic views about the health of the U.S. economy, but intends to change that with massive trade renegotiations. (Jabin Botsford/The Washington Post)

Over the course of the discussion, the candidate made clear that he would govern in the same nontraditional way that he has campaigned, tossing aside decades of American policy and custom in favor of a new, Trumpian approach to the world.

In his first 100 days, Trump said he would cut taxes, “renegotiate trade deals and renegotiate military deals,” including altering the U.S. role in the North Atlantic Treaty Organization.

He insisted that he would be able to get rid of the nation’s more than $19 trillion national debt “over a period of eight years.”

Most economists would consider this impossible because it could require taking more than $2 trillion a year out of the annual $4 trillion budget to pay off holders of the debt.

Trump vehemently disagrees: “I’m renegotiating all of our deals, the big trade deals that we’re doing so badly on. With China, $505 billion this year in trade.” He said that economic growth he foresees as a consequence of renegotiated deals would enable the United States to pay down the debt — although many economists have said the exact opposite, that a trade war would be crippling to the U.S. economy.

[...]

https://www.washingtonpost.com/politics/in-turmoil-or-triumph-donald-trump-stands-alone/2016/04/02/8c0619b6-f8d6-11e5-a3ce-f06b5ba21f33_story.html

Rigged election? This will demoralize We The People. From left to right. I believe this is their ultimate goal. Kill free speech, kill the 2nd Amendment, kill the American spirit.

This will happen all over the world if this happens in America.

Let's see if this spirit will wake up or not for this ultimate fight.

 

What surprised me is how seriously the prediction markets are taking this possibility. The implied odds for Trump to win the Pubbie nomination have collapsed - and Ted Cruz's contract has come back from the dead. Its derived market price is now > 23 cents - and there was a time when it could have been had for a penny!

The same for John Kasich, even though his has "only" rallied to little more than eleven cents.

These three contracts have been so volatile, they look like penny stocks!

TTP will be run by business owners of just a few, those that already own some of the biggest companies in the world.
They also have subsidiary business that are just like a pyramid, no chance for new entrepreneurs they usually get bought out/taken over.
Seems like Ted Cruz is on the take, a money grabber who don't care who he hurts.

If this goes ahead, in twenty or so years big business will own everything, they will be able to manipulate market prices at will, a bit like how Wall street and the banks are now.

‘Pot, meet kettle’: Obama blasts Trump’s foreign policy understanding

Twitchy  by Doug Powers 7:28 pm

Well, if anybody could spot somebody clueless about foreign policy, it's Obama. https://t.co/amluDBGfb9

— Houston Hightower (@YeezyisSleazy) April 2, 2016

At the Nuclear Security Summit, after comforting everybody with the news that even if Iran cheats on the nuke agreement it could be a whole year before they’d be able to develop a nuclear weapon, Obama commented on the current GOP front-runner’s foreign policy cred:

Obama: Trump doesn't understand foreign policy https://t.co/rmYWKYoSjH | Getty pic.twitter.com/7SElcw3Y1q

— POLITICO (@politico) April 2, 2016

Oh, OK.

Peak irony@20committee https://t.co/0YK53JTMm6

— kris (@ektrit) April 2, 2016

Yep, the summit of Mt. Ironic has been reached!

@politico yeah and BHO has really cleaned things up around the world…..

— sfolsomrick (@Sfolsomrick) April 2, 2016

This coming from the guy that gave Iran nukes and played golf while Americans were decapitated in Syria https://t.co/lut7Vyo3MU

— MiKE TRAiNOR (@GoldGloveSS) April 2, 2016

Pot, meet kettle. https://t.co/nMVoxxpqgK

— Michael Costello (@Kozmocostello) April 2, 2016

Neither do you. Nor does Hillary. But whatever. https://t.co/eORMEpTJ3e

— J.J. Brädt (@Diddley_Squat) April 2, 2016

That makes 2 of you. https://t.co/wZl7JtyF0B

— Chris D. Paddie (@chrispaddie) April 2, 2016

Coming from the biggest policy failure in Americas History. CUBA, IRAN, and how's that ISSIS JV team doing? https://t.co/av0mVHgDfj

— Cyn (@aautomo884) April 2, 2016

The same guy throwing peace signs at nuclear talks is saying people dont understand FP? https://t.co/ELLzqTiNz7

— PacificTomb (@Pacific_Tomb) April 2, 2016

We’ll now wait for Obama to say that Trump doesn’t even know how to do the tango.

The post ‘Pot, meet kettle’: Obama blasts Trump’s foreign policy understanding appeared first on twitchy.com.

Trump Just Exposed 1 Big Thing Ted Cruz Did, And Will ‘Do Again’ As President — Many Won’t Like It

Western Journalism.com  by Jack Davis 7:00 pm

Republican presidential candidate Donald Trump said Friday that because Texas Sen. Ted Cruz is “controlled by the people that give him money,” he will support the controversial Obamatrade legislation after the election and implement Obama’s trade agenda if elected president.

“Now, he’s going to vote for it again,” said Trump, targeting Cruz, who has received the support of a wide range of GOP establishment supporters seeking to block Trump’s path to the GOP presidential nomination. “He’s going to vote for it again. He’s just waiting for after the election. He will vote for it –because the people who give him campaign contributions want it. He will vote for it right after the election.”

Cruz aligned himself with House Speaker Paul Ryan in 2015 in supporting the Trade Promotion Authority (TPA), which is a change in the procedures Congress uses to ratify trade deals.

TPA lowers the vote threshold for passage of a trade deal out of the Senate to a simple majority. It also eliminates the ability for Congress to amend any such trade deals. Approving TPA would allow other parts of the Obamatrade agenda to move through Congress.

“Ted Cruz is so far behind me in trade that he put a phony ad talking about how he’s going to get tough on trade,” Trump said Friday in an interview with Breitbart News. “Number one, he’s in favor of the Trans Pacific Partnership — which is going to be worse than NAFTA. And it’s going to absolutely destroy businesses in our country and businesses in Wisconsin.”

“Ted Cruz is totally controlled by the people that give him money,” Trump said. “If you look at who those people are, those are the beneficiaries — not the people of Wisconsin or the people of the United States.”

The Wisconsin primary is Tuesday.

h/t: Breitbart

The whole planet, from Pope Francis to the GOP, is against him. Must be because he will do something against their agenda.

Yes, it will be biblical for him to push all of them back...


 

Trump Victory will be hard... Everybody is against him, and some republicans can change to Hillary side next. What do you think?

"Trump" Sidewalk Chalk: #TheChalkening Students from 100s of colleges across the US, standing up

#thechalkening

TRUMP was big news. No one started a thread about him and the US election, in any shape or form. I thought bernie was big news too. I started a thread about him too. Harpy the same, etc.
I like my bias to be full and frontally nude. Then people can do the research, counter argue or agree with the ideas shared...

The TRUMP thread was weird because, for the longest time, it has lots of views but little amount of participation. It could be funny to see when people actually started to participate, troll it, etc... We need deep analytic tools here.

I thank you, and anyone else sparing their precious time on bitcointalk.org

 

It's usually fairly easy to form an opinion to a workable degree of confidence.  Say, 80%.  After that it's just a matter of matching semi-random related observations against the general hypothesis.

It is increasingly clear that a lot of the 'protest' activities against trump are rent-a-mob astroturf, and one can see signs (figuratively and literally in this case) of it in a lot of the tangential reporting.

I might take the time to mention again that what sparks my interest in delving into a subject is often something which some activist dug up and presented, and, since I frequent this list, you personally have been 'responsible' for doing this on more than one occasion.  So, thanks.

The 'backlash' I was talking about would be a general and reasonably forceful rejection of the mainstream media at large by an increasing number of citizens.

The abortion trap was just one of many operations these guys have pulled vis-a-vis Trump.  When it came down to the wire, almost all of the mainstream media went all-in for Establishment Inc's choice Bush in Bush v. Gore.  By chance it was Mathews who started the ball rolling on operation abortion trap, and I remember Mathews the most in the Bush v. Gore event.  The difference is that in Bush v. Gore it was in the critical last few weeks when they really showed their hand.  In the Trumpian era, they showed it even more clearly than in Bush v. Gore with even nastier and more dishonest tactics, and 7 months from zero-day.

Bush v. Gore 15 years ago was when I simply stopped paying attention to the mainstream media except occasionally to study what his between the lines in order to understand certain underlying strategies.  Usually I find more truth by taking their material as being lies.  This has only gotten worse (or 'better' if one analyses material a layer or two deep) since relatively recent de-regulations which occured since that time.



It is worth note that corporations activities generally align with the desires of those who sit on the board of directors.  This tends to be the ultra-wealthy or functionaries thereof.  Thus, even if 'six multi-national corporations' seem to provide some 'diversity', it is mostly an illusion.

For my part, I get most of my 'news' from individuals who have the time and interest to dig things up and/or present their own novel take on their areas of interest.  If one of their thesis merits interest in my mind, I follow up with my own research (which, again, sometimes includes seeing what the mainstream media is saying and analyzing it carefully and critically.)  Possibly this for of information intake is why there is some desperate interest in trying to shut down news aggregation linking, tighten up 'fair use' intellectual property 'loopholes', and generally try to increase intellectual property regulations globally.

China slaps 46% steel tariff on the UK. Says UK imports hurting domestic industry.








China has risked raising tensions over its role in the UK steel crisis by imposing a 46% import duty on a type of high-tech steel made by Tata in Wales.

The Chinese government said it had slapped the tariff on “grain-oriented electrical steel” imported from the European Union, South Korea and Japan. It justified the move by saying imports from abroad were causing substantial damage to its domestic steel industry.

Tata Steel, whose subsidiary Cogent Power makes the hi-tech steel targeted by the levy in Newport, south Wales, was unable to say on Friday whether any Cogent products are exported to China.

News of the tariff emerged as David Cameron confronted the Chinese president, Xi Jinping, on the sidelines of a summit dinner in Washington on Thursday night, urging him to use Beijing’s presidency of the G20 group of leading countries to tackle the problem.

Asked if Cameron raised concerns about British job losses from Chinese steel dumping, a senior government source said: “He highlighted his concerns, yes.” The source added: “He made clear the concerns that we have on the impact this is having on the UK and other countries.”

British politicians have been accused of pandering to China by blocking new tariffs on Chinese imports to the EU, a measure designed to prop up Europe’s struggling steel industry.

The tariff move by the People’s Republic is likely to anger steelworkers and unions, who blame China for much of the industry’s recent troubles. Steel firms say one of the key reasons for the UK industry’s woes is that state-subsidised firms in China are “dumping” their product on the European market, due to flagging demand at home.

The UK business secretary, Sajid Javid, who visited Tata Steel’s struggling Port Talbot plant on Friday, has been accused of blocking measures to crack down on Chinese imports. Javid voted against EU plans to lift the “lesser duty” rule, which would have allowed for higher duties to be levied on Chinese steel imports. The UK has also lobbied for China to be granted “market economy status”, which would make it even harder to crack down on steel dumping.

“The fact is that the UK has been blocking this,” European Steel Association (Eurofer) spokesperson Charles de Lusignan told BBC Radio 4’s Today programme. “They are not the only member state but they are certainly the ring leader in blocking the lifting of the lesser duty rule. The ability to lift this was part of a proposal that the European commission launched in 2013, and the fact that the UK continues to block it means that when the government says it’s doing everything it can to save the steel industry in the UK and also in Europe, it’s not. It’s not true.”


http://www.theguardian.com/business/2016/apr/01/chinese-imposes-tariff-on-eu-steel-imports-tata

Where's the Presidential Debate on GM's Crony Capitalism? GM paid $904M more in taxes to China than the US in 2015








In the 1950s, General Motors President Charles Wilson famously said: “What was good for our country was good for General Motors, and vice versa.”

You might do a double take on that comment after you venture a look at GM’s current remarkably low tax bill.

A dive into GM’s filings with the Securities & Exchange Commission reveals that while the carmaker makes nearly all of its profits in the U.S., it pays virtually no U.S. federal, state or local taxes. The carmaker paid just $5 million in federal taxes last year, its SEC filings show. For its total federal, state and local bill, all in, it booked zero taxes, the filings show. Meantime, in 2015, GM paid more than $908 million in taxes to China, due to its profits from its joint ventures there, the filings show (see here:https://www.gm.com/content/dam/gm/en_us/english/Group4/InvestorsPDFDocuments/10-K.pdf).


GM’s historically low tax bill has flown under the radar screen in this presidential election season, when candidates from both parties offer ideas on reforming the corporate tax code. While the White House has railed against loopholes for big corporations, Democrat candidates Hillary Clinton and Bernie Sanders continue to stump for getting companies to pay their “fair share,” and the GOP candidates largely push for lower tax rates.

Ask yourself, how come the candidates aren’t debating how the GM bailout is a textbook case of crony capitalism? A bailout in which taxpayers paid millions of dollars in “advisory” fees to companies like Evercore Partners to arrange, and given that GM is paying more in annual taxes in China than it is paying in the U.S.?

All in, GM got a $51 billion bailout, for which it refused to pay back some $10.5 billion to U.S. taxpayers, since that $10.5 billion hit arose from the Treasury Dept.’s losses on the automaker’s stock when it sold the shares in late 2013 (the bailout took the form of a loan and a 61% equity stake in GM by the Treasury Dept.).

The bailout was an “investment,” President Barack Obama insisted at the time, adding that it would cost taxpayers “not a dime.” The White House also held up the GM bailout as an example of how to battle China’s ascendancy in manufacturing, even though GM was mastering the art of outsourcing its new vehicle development and global export operations to the Middle Kingdom—to the point where it has been touting the fact it will be the first U.S. carmaker to actually import and sell one of its Chinese-made SUVs, the Buick Envision, back into the U.S. this year (http://www.wsj.com/articles/gm-to-import-chinese-made-buick-suv-1447349781?mg=id-wsj). It’s estimated China plans to increase production in China by 65% through 2020.

The reason for GM’s low tax bill: A big fat tax break in the bailout. This sweetheart deal from the Obama Administration let GM deduct $45.4 billion in costs going forward, against current year taxes, even though it discharged those sums in bankruptcy.

The $45.4 billion included things like its losses in the years before GM entered bankruptcy, costs for its pensions and post-retirement benefits, as well as costs for its equipment and factories. That means the actual cost of GM’s bailout to taxpayers is much higher, likely on the order of nearly $75 billion, tax experts note.

Update: After this report was published on Thursday, General Motors made the following statement to FOX Business Network: “GM adheres to all applicable federal, state and local tax laws and regulations. Since 2009, we have also made significant investments in the U.S. – totaling approximately $17.8 billion – which have created approximately 6,250 new jobs and secured another 20,700 positions.”


http://www.foxbusiness.com/markets/2016/03/31/wheres-presidential-debate-on-gms-crony-capitalism.html


 

Right definition. That's it. That's the words. That's the truth. Get real.

#thechalkening