A PREGNANT ECONOMY

Trump’s Denial of Umbilical Connection

Donald Trump has been railing against globalism for a long time. Perhaps he fails to understand the structural foundation of trade, or, worse doesn’t have the knowledge and facts a true world leader should.

As President, historians will note either what you did you to help people (Obamacare) or what you did to hurt people (#TrumpTradeWar). There’s nothing a person can do to change facts or repair their narrative. Trump just may be writing a one-term reality.

If you see the stock market as the sole indicator of economic stability in America, you are only half right. Only 50% of working citizens own stock, the rest usually hold debt. Trump is so far from middle-class reality that he cannot possibly understand the challenges of a working family. Rather than show empathy, he transmits tropes of hate and fear.

I’m noticing that the shelves at Target and Walmart seem to have less inventory. Some stores have reconfigured with wider aisles, so that fewer choices aren’t so glaring. There is a wait and see attitude regarding buying based on tariffs and customer demand.

Macy’s CEO warns that the trade war could force stores to raise prices and send a message to President Trump that his consumers do not have an appetite for higher prices. Brick and mortar retailers are nervous. Will American malls become the next shuttered structures, victims of globalism and bad trade policies?

Like a pregnant woman engaging in risky behavior, Trump is wielding significant damage to not only our economy, but to the world’s monetary structure. China is only part of Trump’s problems. The Donald’s bullheadedness is killing our farmers and the insulting act of throwing them scant domestic aid while their soybeans are rotting is shameful and un-American.

Trump’s use of Twitter as an economic weapon against the central bank and its chairman is beneath the presidency. He continually equates experts and hard-working people to enemies when they suggest a different position than his. Trump’s ego appears to be his sole priority and his fear of recession might be the only reality that gets his unfettered attention. He seems to comprehend that a bad economy will be sure death in the voting booth for him.

The Donald is going to kill the baby. He refuses to take the doctor’s advice because he thinks he knows better than anyone else. He’s bad for the environment. He’s bad for the economy. He’s bad for America. And, oh yeah, he’s a racist. It’s time to abort his presidency. We have a fool in the White House.


MESSAGE TO REPUBLICANS

Take the Money and Run

Math has always been a secondary reality for me, but I have managed to make and spend a lot of money in my life. I am like many in our country. I carry a little more debt than I should, but hey, why not live a comfortable lifestyle? When my kids wanted something, I usually found a way, and now that they are having kids, I expect them to make sure their children are neatly clothed, properly nourished and unconditionally loved. That brings me to Donald Trump.

I woke up this morning to this headline on the CNBC Financial Network: Trump’s tariffs cost US businesses $3.4 billion in June. Because the current liar-in-chief sits in the Oval Office, his misdirection is far beyond a game. Trump is going to damage the core American business model. True Republicans know free markets and they understand that controlling spending by balancing budgets make sense, but currently there are NO REAL REPUBLICANS. They are just Trump lemmings following him over the cliff. Not to pour salt into Republican wounds, but the People’s Bank of China said this, “The Chinese side advises the U.S. to leap over the cliffs and return to the correct track of rationality.”

There is a theme here and Republicans should cut ties with the maniac in the White House who listens to no one and, like a snapping turtle, stays clenched and hyper focused solely on what he wants, even when it hurts hard-working Americans. Most experts warned Donald Trump that his theory on how to change world economics was flawed and thought he demonstrated a lack of knowledge on how global markets work. This has now been proven, much to the chagrin of those who know better.

The best thing Senator Leader Mitch McConnell can do is call his chamber back to work right now to address several important issues. Not only is there a genuine need to pass reasonable gun control measures but having the Senate in town to talk to Trump about what the Trade War is doing would be productive. Someone needs to massage some patience and reasoned strategy into his thick skull. The 1% has made enough money and the tax cuts were mostly used for stock buybacks, not wage increases. According to AP, “Companies in the S&P 500 spent $806 billion on stock buybacks in 2018, blowing away the previous record of nearly $590 billion set in 2007.” Maybe the Republicans should sell all their stocks and begin buying real estate. In short, they should take the money and run. Their party is about to end.

Trump supporters in Congress should reevaluate Trump and his destructive policies. Everyone wants America to do well, and part of that is the stock market. However, the middle class of this country is focused on paying for housing, diapers, backpacks and waffles. As prices soar to pay for Trump’s vindictive trade fiasco, all the benefits of the tax cuts have been eroded by an overzealous demigod.

Why have we put our faith and economy in the hands of a man who has taken countless companies and enterprises into bankruptcy? Why did millions of Americans believe Trump would make things better? Are we all that stupid? Why can’t we hear the truth when it hits us in our heads? I remember when the stock market was crashing in 2008 and Senator John McCain said that he believed the fundamentals of the economy were “strong.” As pensions were drying up and 401Ks were imploding, McCain showed his misunderstanding of the market and economics. Between that and Sarah Palin, McCain sunk his chances to be president.

By electing Trump, the Republicans have forced themselves to the edge of a cliff based on his lack of knowledge about global economics. Trump has always been against globalization, but that never stopped him from taking his own brands around the world. Assuming for a second that Trump actually knows what he’s doing, that would mean that all he does is meant to create hate toward countries and people in order to get elected. Wow, how shallow and immoral. Just to put a bow on this bag of shit, most of the Trump MAGA hats are made in China.

The Donald keeps talking about how bad things are in China, which begs the question why is that good for the world? He claims that companies are returning their bases to America, but why would they? With uncertainty and tariffs, is it wise to move an operation to a country without a firm economic foundation?

When will a Republican knowledgeable about economics and global supply stand up and state, in clear language, that the current tactics with China will ripple through the world and perhaps cause a global recession? No one wants to be negative, but without some sense of realism in the Oval Office, we are putting all our chickens in one basket. And one person controls that basket. WHY?

Read About The Country We Love

The book that tells it like it is…

Gold, God, Guns & Goofballs shows how we’ve wasted our GOLD on bad wars and corruption. While GOD is there for many people as a spiritual enrichment and the provider of glowing feelings, the truth is just praying and believing will not change our major arc. We don’t determine who gets a GUN. We aren’t sure if we have paramilitary groups ready to storm the White House or a White Castle. There is no control of weapons. The GOOFBALLS with the power constantly try to manipulate us into spending more money on bombs and tanks and wars. When all of our institutions are infected with neglect and fall in disrepair, we will only have ourselves to blame. This book is not an antidote for the left or right, it’s an accelerant to move the middle off their collective asses to go do something positive for America.

Get the Kindle Version HERE. Or order your paperback edition HERE.

 

 

 


OLD WAYS VS. NEW IDEAS

The Real Democratic Challenge

There’s something happening here; what it is, is exactly clear. The President of the United States, Donald J. Trump, is concerned only with personal wins and his appearance of strength and power. Rather than focusing on what is best for the country and providing progress for the planet, he lives in a photo-op world.

Russian President Vladimir Putin kills people who write or say negative things about him. It’s quite likely that 21 journalists have been killed since Putin came to power in March of 2000. Kim Jong-Un’s regime arrested, incarcerated and killed American Otto Warmbier because he allegedly removed a political poster from a wall. North Korea has executed more than a dozen of Kim’s rivals, including his half-brother.

Saudi Arabia has slain more than 500 people in the last three years, and every investigation has linked the country’s Crown Prince to the extrajudicial execution of a Washington Post journalist. The CNN headline stated, “Trump says he is ‘extremely angry’ about Khashoggi murder but defends MBS relationship.” The beat goes on and Trump’s transactional personality will not let him challenge countries on human rights and injustices. He simply doesn’t care.

Taking Trump at his word, it’s clear that he feels more comfortable with dictators than allies. He speaks the language of a mobster and has an affinity for those who solve political problems with murder and oppression. If you think the Donald’s equivocations and nonconfrontation of the evil in the world with his throwaway line of “everybody does it,” then you are complicit. When will the evangelicals, moderate republicans and thinking democrats step up and restate the meaning of morality? Trump has desecrated American values both at home and abroad.

Watching twenty Democrats duke it out on stage at the debates last week made it apparent how the great number of candidates has made the process unwieldy, but something popped into my brain that revealed the true challenge. The Democratic party must cope with OLD WAYS vs. NEW IDEAS and stop the personalities from getting in the way of resolving issues.

Our founders used clear logic when they decided that a member of the House of Representatives had to be 25 years or older and a Senator had to be at least 30 years of age. They carried through with the rule that a President must be an American born person of 35 years of age or older. Of note, they never adopted a retirement restriction as some states have for judges. So, was it the idea of maturity that moved the framers to say age matters?

Let’s state some facts here. If elected to a second term, Donald Trump will be 74 years old. Joe Biden would be 77 years old if elected president and Bernie Sanders would be 78 if he won. On inaugural day 2020, Nancy Pelosi will be 80.

Donald Trump isn’t a bad president because he’s old. He’s simply a bad person and thus a horrible president. He’s a divisive hater and pathological liar. Age will never be an accurate determinant of quality of leadership. We learn this lesson every day.

There is evidence that the old ways of doing business gets things done in Congress. When former Vice President Joe Biden was attempting to express his political agility, he was accused of befriending racists. Biden had a horrible night on the debate stage when Senator Kalama Harris confronted his old record on school busing. The “new ways” are about more than busing and racial equality, but this is the price of politics. The old expression of eating its young doesn’t apply. This is more about the young casting out its old.

Some of the newly elected members of the House and presidential contenders are pushing a left-leaning, progressive agenda. Trump will use this against any Democrat running for President. He will paint them as leftist, socialistic and radical. Being the revisionist trying to bring back the past, Trump risks alienating younger voters who didn’t live through the cold war. The conservatives, evangelicals and power-hungry Republicans want to move the whole country back to the 1950s, while young Americans feel that they are owed something.

How do we progress as a nation? When state laws take away things like women’s reproductive rights, those under 35 years of age will see it as the OLD people dictating to the next generation. This glaring gap between right and left is growing. Moderates are silent for now, but they will have to take a side soon. An election is coming.

In a perverted, mind-blowing way, Republicans hail Trump as a change maker. A person who doesn’t do predictable things and is not a typical politician makes them feel good, even when it hurts them personally. As the farmer who got screwed with tons of soybeans that no one wants to buy because of tariffs, could they move their vote to a moderate, Midwest, positive Democrat?

Democrats would be wise to position Trump as old fashioned and wrong on healthcare, instead of bleating layered, detailed plans that dim the common man. The wealth gap is real, but those who are hurt from an unbalanced economy need reasons why the new ways are better than the old. Currently, the polls would have you believe that most Americans don’t want a second Trump term but many people, no matter what party, aren’t yet sure who will get their vote.

BRAND NEW BOOK ON AMERICA

Gold, God, Guns & Goofballs shows how we’ve wasted our GOLD on bad wars and corruption. While GOD is there for many people as a spiritual enrichment and the provider of glowing feelings, the truth is just praying and believing will not change our major arc. We don’t determine who gets a GUN. We aren’t sure if we have paramilitary groups ready to storm the White House or a White Castle. There is no control of weapons. The GOOFBALLS with the power constantly try to manipulate us into spending more money on bombs and tanks and wars. When all of our institutions are infected with neglect and fall in disrepair, we will only have ourselves to blame. This book is not an antidote for the left or right, it’s an accelerant to move the middle off their collective asses to go do something positive for America.

Get the Kindle Version HERE. Or order your paperback edition HERE.


THE DANGEROUS DONALD

Are His Disruptions Worth the Risk?

In the last decade, I worked for a media maven who was highly successful at creating wealth from good ideas or simply through his reputation. He once issued a motivational piece for the workers of his large radio broadcast division where he urged us to be “disruptors.” I got its surface meaning, but let’s look beyond the buzz word. The meaning of the word includes, “something that interrupts an event, activity, or process by causing a disturbance or problem.” Not all disturbances are good for a group or individual and when you have a smart collection of problem solvers, why would you be giving them something that would move them into disruption? I used to say, with great sarcasm and irony, you better hope that whatever you disrupt is a big success or you’ll be blamed for the problem you created and be the first to go.

This brings us to Donald Trump, who was outraged by Robert Mueller’s public comments and then displayed his anger on the north lawn of the White House. It’s clear that Trump must “punch back” when someone gets in his way, but when did punching ever bring a long-term solution to any problem? Trump would make a horrible poker player because he shows his next move so clearly. While he was putting down Robert Mueller, he announced that he would have a major announcement on the border. By putting those together, he was telegraphing that he would soon be lashing out at another someone or something.

So, late last night, Trump announced “On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied…” And now we will see reactions in the world markets because Trump’s disruption is a holy trade war, not a well-developed plan to make trade work better for the US.

from MarketWatch.com

While the financial “news” networks give large slices of airtime to discussions about American entities like Uber, Tesla and Beyond Meat, there are thousands of our major companies that depend on parts, resources and services from firms around the world. To ignore the reality of a world market is not rational on any level. But Donald Trump is being disruptive with his ignorance in tow.

There was a time I worked on the campaign of a politician who would occasionally come late to the brainstorming meetings of the staff. One particular time we had worked up dozens of ideas on the white board and we all were excited about giving him input. He strode late into the meeting, glanced at the board, then said, “Yeah, we aren’t going to do any of that; here’s the plan.” I walked away from the campaign that night with little respect for the politician and had a feeling of retribution when he lost the election. What I learned is that disruption from the top, when it doesn’t work, means the big guy gets all the blame.

We have many people in America who make a lot of money analyzing and predicting our collective financial futures. And some of the more honest of those folks admit that there are instances when they can‘t explain why the market did this or that. Deep down inside, most Americans know the global economy is the reason we lost much of our manufacturing base. Seriously disruptive waves must be met with adjustment, not bucking the tide and standing ground. Executing a stand-still strategy often leads to failure and disaster under water.

If you are drowning in your own personal debt, you will generally swing away at every other possible cause before you look at yourself and determine the real cause of debt is simply spending more money than you have. Doh! After running businesses with tons of debt and using the bankruptcy escape hatch more than most well-managed corporations, it’s disingenuous when Donald Trump froths at his small pie hole about how everyone else is screwing America. Dangerous Donald is running up the debt in America because the military, border walls and pork for rich people are more important to him than stable governance.

Trump is more stubborn than smart. He’s like a snapping turtle who doesn’t quite understand that holding firmly on the stick isn’t going to keep him alive. Wood is not food and trying to win a battle with a decaying object won’t work. Yes, I am comparing the actions of a reptile to the President of the United States of America, who in most cases uses his reptilian brain rather than the logic circuits of his frontal lobes. Perhaps they died from atrophy.

The citizens of this country may feel good about the strength of the turtle and admire his will to fight, but those who worship the man in the White House must connect the dots to see that the head disruptor is messing up things more and more with each misinformed  move. First, and most importantly, after you negotiate a deal you cannot change it. Trump’s moves will blow up the USMCA, which was supposed to fix the “bad” NAFTA trading agreement. NAFTA might not have been perfect, but the USMCA probably has just as many restrictions and weaknesses, but Trump wanted to keep his promise.

The real problems with the migration of people to the US may be greater than our laws. According to the Washington Post, “Migrants say they are coming to the United States because droughts are frying Central American harvests, they can’t pay their bills, and gangs are recruiting children.” Trump ignores the warnings of Climate Change, so how can he possibly apply creative solutions to complex issues?

In the end, the disruptions of the Daft Donald will move us backward. The lack of respect for a deal maker whose word means nothing will haunt America for years to come. Put yourself in the shoes of Canadian Prime Minister Justin Trudeau or the new Mexican President Andrés Manuel López Obrador. These leaders spent time in good faith negotiating a new deal, only to have it ignored by a moody US President. Yes, the immigration problem is real, but reverse it. What if thousands of Americas were leaving our soil for Mexico? We would expect Mexico to stop us from entering, not stop us from leaving. Trump is putting our economic system at risk over things that could and should have been solved at the negotiation table. Sadly, the art of the deal is just more mistruth from the lie master. We need to start to ask, WWPPD, “What would President Pence do?”

BRAND NEW BOOK ON AMERICA

Gold, God, Guns & Goofballs shows how we’ve wasted our GOLD on bad wars and corruption. While GOD is there for many people as a spiritual enrichment and the provider of glowing feelings, the truth is just praying and believing will not change our major arc. We don’t determine who gets a GUN. We aren’t sure if we have paramilitary groups ready to storm the White House or a White Castle. There is no control of weapons. The GOOFBALLS with the power constantly try to manipulate us into spending more money on bombs and tanks and wars. When all of our institutions are infected with neglect and fall in disrepair, we will only have ourselves to blame. This book is not an antidote for the left or right, it’s an accelerant to move the middle off their collective asses to go do something positive for America.

Get the Kindle Version HERE. Or order your paperback edition HERE.

 


THE TRUTH WILL PREVAIL

Discombobulated Donald’s Dilemma 

If we were sitting around the BBQ pit on Memorial Day ten years ago and I was to tell you that a future US President will be glowingly supportive of the leader of North Korea, the President of Russia or the murderous policies of the Saudi Royal Family, you would have said I was crazy. Donald Trump would rather be a friend of dictators than a beacon of democracy around the world. He’s a shameful representative of American values. Maybe it’s jetlag, but more likely stupidity, that causes our president to invariably say stupid things when he’s on foreign soil.

This routine of doing the opposite of what any other mature and thoughtful leader would do is getting worn-out. The truth will eventual prevail that Donald Trump’s mind is a perverse instrument of disregard and self-serving. The confusing disruption to our well-designed foreign relationships with allies is more than baffling. The President of the United States began his time in Japan by insulting his host with whines about unfair trade. It was insulting and embarrassing. Trump doesn’t remember that it was the US that constructed the plan to rebuild Japan after we blew it up. The President is impudent of historical context. Our helping hand assisted with more than seventy-five years of peace in the region.

One real dilemma the Donald faces is that people are not as dumb as he believes. Kim is laughing. Putin is laughing. The EU thinks Trump is foolish. I am sure that the leader of Japan, Shinzō Abe, is wondering why Trump would brush off North Korea’s launching rockets into the sky over Japan. We were told by Donald Trump the missiles from “rocket man” had stopped because of Don and Kim’s love affair. I guess tough love sometimes doesn’t work. Trump’s lackadaisical attitude regarding Kim Jung-Un is disturbing to the world. He’s merely trying to save face from his failure to get anything substantial from Chairman Kim, a ruthless dictator. Trump never listens to anyone and continually gets played by these people.

The farmers are smart and work the math. They know that they are getting financially killed by the tariffs that Trump chucked on the heartland of this country. Let’s see if we can put this into a picture.

When products are imported into the US, a tariff is placed on the goods by our customs agents. Something that originally cost $100 might get a tariff of $25. The importer will pay the $25 to the treasury. While this may seem like profit taken in by the treasury, it’s just a tax that will be quickly matched by the country we slam with tariffs. In this case, it’s China. So, US soybeans worth $100 will now be sold in China at $125. If another country can beat the price, our farmers will suffer from a total loss of business to a competitor. No one buys more soybeans from America than China.

Now, you may think it ends there, but it doesn’t. The item that was $100 is now $125, and the extra $25 is paid by you, the consumer. The importer simply increases your price tag to offset their increased cost-of-doing-business. In a sense, Mr. and Mrs. America, it’s like the US government just taxed you $25.00. Why are they doing that? Why would they give you a tax cut and then take back more than they gave you?

Because the farmers in America are suffering, the US Department of Agriculture will give them relief in the form of a “socialistic” loan, a form of redistributing the wealth to a class of workers who need it. Plain and simple, it’s a bailout, the kind of handout conservative Republicans have rallied against for years. You might ask, who pays for that? Well, we do, the taxpayers!

So, you see, we pay for the increase in cost of each item to give money to the government. Then the USDA moves money around to pay for this economic misstep. To balance the scales, they might spend less on meat inspections. Does that keep America safe? There’s nothing wrong with helping farmers, but what about the family of four buying clothing made in China? They have no bail out. This whole mess is caused by a bad trade policy and no matter how many TV experts explain it, Trump will never understand how it works.

Look at this diagram and observe that China pays no money into the US Treasury. Likewise, the US will pay no money into the Chinese treasury. It’s just a war that the little people fund with price increases that hurt the average American. Even if US manufacturers could supplant the imported items, there is no guarantee that the cost of those goods would ever be cheaper than goods coming from China, with or without tariffs.

TRUMP’S TRADE WAR is just another stupid idea from a clueless, uninformed leader with too much power. Perhaps the responsibility and care of trade should be in the hands of the less than popular Congressional branch. At least Congress would make fewer mistakes because they move in slow but calculated ways. America will pay more for everything during the next five years. Why is this good for us? No one has successfully debated this issue with Trump and his dogma is so entrenched that he no longer believes anyone but himself. The discombobulated frontal lobes of the man in the White House will never see things the ways they are, only the way he wants to view them. When the trade war fails, it will totally be his fault. Remember that, voters!

 

BRAND NEW BOOK ON AMERICA

Gold, God, Guns & Goofballs shows how we’ve wasted our GOLD on bad wars and corruption. While GOD is there for many people as a spiritual enrichment and the provider of glowing feelings, the truth is just praying and believing will not change our major arc. We don’t determine who gets a GUN. We aren’t sure if we have paramilitary groups ready to storm the White House or a White Castle. There is no control of weapons. The GOOFBALLS with the power constantly try to manipulate us into spending more money on bombs and tanks and wars. When all of our institutions are infected with neglect and fall in disrepair, we will only have ourselves to blame. This book is not an antidote for the left or right, it’s an accelerant to move the middle off their collective asses to go do something positive for America.

Get the Kindle Version HERE. Or order your paperback edition HERE.

 


TARRIFS ARE TAXES, STUPID!

Trump’s Egomaniacal Economics

If someone asked you if it’s possible to solve an economic problem by creating a trade war with another country, you might have to ask, “Can such a war be won?” and, of course, “How much would that war cost?” These are things that we elect our representatives in Congress to investigate and debate.

I found a very well written web site, Council on Foreign Relations. They state clearly, “A tariff is a tax imposed on goods imported from a foreign country. Tariffs are paid by an importing business to its home country’s government, most commonly as a fixed percentage of the value of the imports. Tariffs can serve several goals. Like all taxes, they provide a modest source of government revenue. Several countries have also used tariffs to help their infant industries at home, hoping to shelter local firms from foreign competitors. Some tariffs are also meant to address unfair practices that other countries have used to make their exports artificially cheap.”

Let’s consider a real-life scenario. You want to buy a brand-new iPhone. The cost of the iPhone XS Max has a suggested retail price of $1,099. Now if a 25% tariff is placed on the item, the Ajax importer company will have to pay $274.75 to the treasury for each phone it brings into the US. Most importers will cover themselves by increasing the unit price of phone they sell. So, the Sprint store will have to give the importer more than $1300.00 for each phone, and the local tax a consumer might pay will drive the price even higher. In New York state, you would have to pay $114 in taxes. Yes, the treasury gets the tariff, but at what cost to the consumer? The Trade war with China makes you pay $1400 for a phone that cost $1100 last month. In most cases, higher prices also mean fewer phones will be ordered.

When soybeans were shipped to China by American farmers at $13.83 per bushel in November of 2012, their profit margins were tight. Now, in April 2019, the price of soybeans has sunk to $8.59 per bushel. Why would the price go down?  President Trump’s tariffs on steel and aluminum caused the Chinese to retaliate and charge US farmers a tariff. The price of soybeans went down because China found cheaper suppliers in the world and much of the US crops that were to be sent to China now sits in warehouses. This lowered demand for soybeans. To help the farmers, the Trump administration is giving farmers a $6 billion bailout so they can weather his trade war, but wasn’t there a better way to achieve a workable trade deal with China?

Trump, along with a lot of blowhard politicians, said that the TPP agreement the US was in the middle of negotiation with many Pacific Rim countries was a bad idea. This agreement was an attempt to protect smaller nations like New Zealand and to check China’s more aggressive trade activities. The TPP was set to become the world’s largest free trade deal, covering 40 percent of the global economy. It was opposed by China and Trump declared it a bad deal because Obama was involved, but I’m fairly sure he never read the agreement and has no idea what it would have done. Most people in the world who were against it saw it as a way for the US to broaden its trade efficiency. I’m not sure why Trump opposed it.

If a candidate for President of the United States promised that under their administration prices on most goods imported into America would cost 10 to 25% more, hardly anyone would vote for him or her. That is exactly what happened with Trump. If you are trying to comprehend how much money you did or didn’t get back in your 2018 tax return, you need to factor in the rising costs of many goods. It’s likely that whatever you gained by the tax cut will not cover the increases coming to your budget shortly.

The New York Times reported today (5-20-2019) that “Anti-money-laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald J. Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog.” Trump is suing that same bank to keep them from releasing financial information about his companies and business interests. One must ask if he is attempting to game the system by being nice to Russian loan suppliers and covering up ethical and legal misdeeds with banks.

We know that one of the key elements of the Trump Doctrine is eliminating regulations to the detriment of valuable oversight that, as investors, we all appreciate. We don’t want banks to launder or manipulate money, we want them to be legal players and honest brokers.

The Department of Labor’s “Conflict of Interest” rule stated that advisers had to give conflict-free advice on retirement accounts, putting their clients’ needs ahead of their own potential income. It was eliminated in June of 2018. WHY? What sense does it make to remove a law that declares money managers must put your interest above theirs? This is so wrong in so many ways, but it’s a true reflection of who Trump is.

This person sitting in the White House doesn’t care about you paying more for things just so he can look tough. He isn’t smart enough to know that a country with the power of the USA can get things done in trade without hurting our own economy. The Donald doesn’t really care if a stockbroker cheats you out of money. By blowing away the “Conflict of Interest” rule, Trump has just paved the way for the next Bernie Madoff. I am totally convinced the man knows nothing about global economies. The conflicts Trump creates are all for his own benefit. He has no long-term planning.

Tariffs are taxes and Trump is toxic.

BRAND NEW BOOK ON AMERICA

Gold, God, Guns & Goofballs shows how we’ve wasted our GOLD on bad wars and corruption. While GOD is there for many people as a spiritual enrichment and the provider of glowing feelings, the truth is just praying and believing will not change our major arc. We don’t determine who gets a GUN. We aren’t sure if we have paramilitary groups ready to storm the White House or a White Castle. There is no control of weapons. The GOOFBALLS with the power constantly try to manipulate us into spending more money on bombs and tanks and wars. When all of our institutions are infected with neglect and fall in disrepair, we will only have ourselves to blame. This book is not an antidote for the left or right, it’s an accelerant to move the middle off their collective asses to go do something positive for America.

Get the Kindle Version HERE. Or order your paperback edition HERE.


TRUMP’S TRADE WAR

Did He Really Need to Do This?

If you review the dogma of Donald Trump, you will see a picture of the administration’s complete lack of intelligent design. If you wanted to bring together many nations to curb Chinese manipulation of world trade, you would sign an TTP agreement. Trump walked away from it. After NAFTA achieved years of strong economic development in the US, Canadian and Mexico, Trump tore it up.

If you want to keep track of the nuclear ambitions of Iran, you make them sign an agreement with many nations. Trump walked away from it. If you want to motivate the countries of the world to establish reasonable pollution control and climate change curtailment, you sign a Paris Accord. Trump walked away from it.

And now, Trump believes that the way to get the world’s economy under the control of American money is to slap tariffs on products from all the top economies of the world. What is a tariff? It’s a tax on imports or exports between sovereign states. It is a means to regulate international trade by taxing foreign products to encourage or safeguard domestic industry. Basically, we add taxes to products so that another country cannot undercut US products with a price advantage. This was first done by Alexander Hamilton to protect new companies from harsh competition.

Consider this. You bought a case of wine in France and tucked it into your luggage as you returned to the US. A customs inspector discovers your cache and analyzes it. Let’s say you bought a case of 36 bottles for two dollars a bottle. So, the value of your case is $72 and the tariff (really a fine in this case) is $8 per bottle or $288 for the case. Now, let’s further say you were bringing the case into America for a friend. Instead of charging your friend $72, you now must charge your drinking buddy $360 for the contraband you delivered. If we apply this to a real-world business situation, one might also have to charge the friend federal and state taxes on the goods, which would raise the cost even more. Yes, the treasury got the $288 in fees, but the tariff was paid by the importer, and the consumer reimbursed the importer for their costs. The money was a tax paid by the consumer and deposited into the treasury.

Now, if France got wind of this tariff and matched the tariff on something coming the other way, let’s say, a John Deere tractor, then their consumers would have to pay an increased price on the US-made tractor. But what if the French refused to pay the tariff and bought a Kubota tractor from Japan? That would mean the US manufacturer would lose the sale and the trade war would damage that company’s bottom-line. These complex layers of global trade are a great pitch to rabid political rally goers, but the consequences of knee jerk trade policies become highly problematic for our producers.

Idiot-in-Chief Trump has a fantasy dream that all the rustbelt states will bring back major manufacturing facilities and we will return to the calmer economy of American in post-war 1950s. This might sound like a great idea on the surface, but it took more than 70 years for these former US industries to be eliminated by sellers importing cheaper goods from other countries and that’s not a clock easily turned back.

Sure, the US could have been a protectionist economic force in the last 50 years, but the rest of the world wouldn’t have bought our expensive goods. Large markets such as China, India and Southeasts Asia would have simply bought items and sold products such as steel and aluminum to and from other nations. Our industries might have collapsed faster.

Instead of trying to bring back those high polluting industries, with no guarantee that we could even produce cheaper products, we need to look toward products of the future. To borrow a sports metaphor from famous hall of fame hockey star Wayne Gretzky, success is “not skating to where the puck was but skating to where the puck is going to be.” And that is precisely what we must do with our industrial developments and plans.

The world is migrating toward wind and sun energy. Why can’t we be the #1 producer of the gear to lead the planet to renewable energy? If the earth is all about technology, why aren’t we investing in education and finding the brightest and smartest inventors for the future? It’s a better investment than cranking up the coal burning power plants. Even investment in nuclear power plants makes more sense then putting money into old technology. We can produce without killing the world markets.

Most smart investors and economists understand how things work, but remember, they are never 100% correct. We have a president who thinks he knows everything about money and how to make billions, yet in his life he lost more than a BILLION dollars and paid no taxes for more than a decade. Sadly, his followers don’t care about the past. They don’t even care about the Mueller report. The reality is we all will lose money because of Donald Trump. WHY DO WE HAVE TO PAY FOR HIS MISTAKES? Hey, maybe that’s a good tag line for a political opponent’s commercial in 2020!

BRAND NEW BOOK ON AMERICA

Gold, God, Guns & Goofballs shows how we’ve wasted our GOLD on bad wars and corruption. While GOD is there for many people as a spiritual enrichment and the provider of glowing feelings, the truth is just praying and believing will not change our major arc. We don’t determine who gets a GUN. We aren’t sure if we have paramilitary groups ready to storm the White House or a White Castle. There is no control of weapons. The GOOFBALLS with the power constantly try to manipulate us into spending more money on bombs and tanks and wars. When all of our institutions are infected with neglect and fall in disrepair, we will only have ourselves to blame. This book is not an antidote for the left or right, it’s an accelerant to move the middle off their collective asses to go do something positive for America.

Get the Kindle Version HERE. Or order your paperback edition HERE.


LIARS ALWAYS BELIEVE LIARS

Trump Fails to Defend Decency

We learned a lot about President Donald Trump this week, and none of it was good. In the history of American presidents, we may have challenged some of their political intents or lack of awareness on certain issues, but we always believed they upheld America’s best interests. It’s getting harder and harder to believe that Trump sees another liar for what he is. Putin lied; Trump took the bait. Kim Jong-Un lied; Trump came running into his arms.

The 45th President of the United States is what is known in foreign relations circles as a naïve “chicken shit.” In my book, Gold, God, Guns & Goofballs, I bared my feelings about the relationship between Kim and Trump, “We saw what happened to a kid from Cincinnati who was slowly murdered while incarcerated in North Korea. After he came home to die, the head Goofball genuflected at the groin of a despot for a freaking photo op. Have you no decency, Goofball-in-Chief?”

To quote another stable genius, Britney Spears, “Oops, I did it again.” Trump stood on the international stage in Vietnam, imaginary bone spurs and all, and once again said that he believed the word of a deranged tyrannical dictator about the death of someone. If you are keeping score, he believes that Putin wasn’t involved in the attack on our democracy during the 2016 election. He believes the Crown Prince and his royal family had nothing to do with the brutal murder of a Washington Post reporter, Jamal Khashoggi. Shamefully, he also believes the denials of Roy Moore and those who support him. Now, he says that Kim knew nothing about the treatment of Otto Warmbier. What a farce.

The people who would be most affected by Trump’s comments are very disturbed by the siding with Chairman Kim. And it only took 48 hours for the Warmbier family to respond, “We have been respectful during this summit process. Now we must speak out,” Fred and Cindy Warmbier said in a statement. “Kim and his evil regime are responsible for the death of our son Otto. Kim and his evil regime are responsible for unimaginable cruelty and inhumanity. No excuse or lavish praise can change that.”

What Trump has done, slowly but surely, is lower the moral value of America. He doesn’t defend decency; he steps over it. This brings us the Michael Cohen hearing that took place while Trump was in Vietnam. The House of Representatives Committee of Oversight called the convicted ex-lawyer and Trump fixer to testify the same way one might interrogate a spy to learn how to keep the wolfs away next time.

The Republicans on the committee were woefully unprepared to use the evidence that was provided to defend their president. The best confrontations were the product of young fresh faces and minds from the Majority. Michael Cohen has an agenda. The Democrats in Congress also have an agenda. Not all agendas are bad. An agenda is simply a list of items to be discussed at a formal meeting. While that word has been hijacked by zealous persons and hyper-partisans, it’s true meaning persists. Michael Cohen is a liar who the head liar, Donald Trump, employed for almost ten years, most likely because Cohen would lie for him.

There are some experts who think that Trump watching the Cohen testimony so bothered the “leader of the free world” that when North Korea proposed a reason to step forward, Trump childishly rejected the offer and walked. He was rendered stupid by what was happening in Washington.

The goal of the hearing was clear and totally in the purview of the committee. They were exercising their duty to conduct oversight regarding what has been happening in the administration. And what did we learn about Trump? Well, most of it is old news, but often obscured by the multitude of tweets, public statements and known legal documents. The hearing emphasized the reality that Trump is not a trustworthy person. Doh!

We all know he lies, he cheats, he deals and he double-deals. He’s underhanded and will commit crimes to protect his name and money. To put a bow on it, he’s the most unsavory and corrupt President since Richard Nixon. Just why do we let this man continue to be our president?

As more holes were torn in his reputation, it was fitting that he was in Vietnam, a place where 58,220 US soldiers were once killed in its jungles and cities. As Michael Cohen was quoting Trump’s mea culpa on faking a medical deferment to get out of serving his country, Kim Jong-Un was Donald Trump’s master puppeteer, once again.

Kim gets to take the long train ride home to accolades and proclamations in his homeland about the way the little murderer stood up to the blowhard leader of the United States. Trump will come home to face questions about the fantasies of a friendship that was supposed to help him get a Nobel Peace Prize. There will be other questions about what he knew, and when he knew it. Russian investigation is one thing, but the legal beagles in the Southern District of New York are searching a scent. It’s the stench of lies, crimes and felonies. It won’t be long now.

Silly man. Trump doesn’t even realize the whole world is doing more than watching; they are laughing at him. And because he is the President, they are laughing at America too, and that should make us all angry. It’s time for action!

BRAND NEW BOOK ON AMERICA

Gold, God, Guns & Goofballs shows how we’ve wasted our GOLD on bad wars and corruption. While GOD is there for many people as a spiritual enrichment and the provider of glowing feelings, the truth is just praying and believing will not change our major arc. We don’t determine who gets a GUN. We aren’t sure if we have paramilitary groups ready to storm the White House or a White Castle. There is no control of weapons. The GOOFBALLS with the power constantly try to manipulate us into spending more money on bombs and tanks and wars. When all of our institutions are infected with neglect and fall in disrepair, we will only have ourselves to blame. This book is not an antidote for the left or right, it’s an accelerant to move the middle off their collective asses to go do something positive for America.

 

Get the Kindle Version HERE. Or order your paperback edition HERE.


WHERE DID EMPATHY GO?

Trump’s Weakest Moment

When we need someone to lead us, he fails. When we need the President to feel the pain of the people, he stumbles. When he presents America to the world, he embarrasses. Donald J. Trump has no empathy for Americans. He has no empathy for anyone else in the world. It’s not America first. It’s Trump First.

With all the leaders of the world commemorating the end of World War I in Europe, Trump said the weather was too bad for him to travel to a cemetery where American soldiers are buried. All the other leaders went, but Trump sent retired General John Kelly in his stead. Once again, Trump was missing in action on the empathy front. One wonders if his bone spurs were acting up that day.

It takes more than my two hands to count the number of events that have taken place in America and the world these past 22 months where the President of the United States could have been a comforting presence, but with Trump all we have is a fatalist. What a terrible thing to say, even if it’s true.

With more than 30 people dead in California due to fires, our president decided to tweet this, “There is no reason for these massive, deadly and costly forest fires in California except that forest management is so poor. Billions of dollars are given each year, with so many lives lost, all because of gross mismanagement of the forests. Remedy now, or no more Fed payments!”

Really, this guy wants to blame “forest management” on the fires? Donald Trump has no knowledge about wildfires. They start, spread and devastate large areas because the land is too dry and the winds fan the flames. Wind and dry land are essential topics of the Paris Accord, but our Great Orange Leader will never make that connection. He would prefer to blame rather than help. Trump has no empathy.

Our president talks up first responders and police on the campaign trial, but he fails to understand their methods and challenges. This was the response from California Professional Firefighters President Brian K. Rice, “The president’s message attacking California and threatening to withhold aid to the victims of the cataclysmic fires is Ill-informed, ill-timed and demeaning to those who are suffering as well as the men and women on the front lines.” Or to put in another way, IT’S CLIMATE CHANGE, idiot!

Trump thinks he still on a reality TV show where the host is supposed to get laughs and applause. It might be a game to Trump, but when people die it’s no longer funny. If Trump doesn’t declare the fires in California a national disaster, he is negligent of duty and should be impeached. You cannot withhold funds for recovery because you don’t like how the people voted.

I am getting weary of those supporters who cannot see Trump’s lack of empathy and poor leadership. They tell me my rhetoric is not helpful and that we will never to be able to repair the divide by attacking the President. They keep saying, “Hey, look at the economy.” And I say what I have said from the day he was elected, “He’s bad for America. He embarrasses America.” They just don’t get it, but time and history will show that his destructive, unhelpful and conspiratorial comments have made America less safe and less “great.” America deserves a better leader.

The First 200 Days Of Trump – ONLY ONE MILLION LEFT

These daily diatribes from a delusional blogger give you a day by day overview of the 45th President’s first two-hundred days in office. Follow Donald Trump through the tough times on his way to impeachment. Kindle Version HERE, or Get the printed book now, CLICK HERE.

 

The Jonas Bronck Series

BOOK ONE (IF GOD COULD TALK) A Cable TV talk show host is approached by a friend who offers a guest for his show who has never been on TV before. The Diary of a TV Journalist is the story about the host of the show and his executive producer vetting the guest and attempting to determine what would happnen If God Could Talk…

BOOK TWO (IF GOD COULD CRY) One of the most eye-opening stories about terrorism. The famous cable TV talk show host, Jonas Bronck, leaves New York on a quest for truth. He finds himself in the middle of terror and personal torment in the name of journalism. He once again asks, If God Could Cry, would he be crying for us, or with us?

Books available on Amazon:


DEMONONIZATION MATTERS

Trump’s Vitriol Being Acted Out

We have been writing this blog since Donald J. Trump became president, and in many of these missives we have warned that when an extreme ideolog stirs up his base, bad things happen. Trump rallies show us just how violent people can get when they are urged to hate journalists or anyone with a different opinion. With Trump holding the highest office in the land, we seem to have a domestic problem. It’s almost as if Russia has their hand in this great divide of America. It’s exactly what they would execute if they had the power. Maybe they have the power.

President Trump has multiple personalities and all of them lie. When confronted, he tries to be “presidential,” but he continually tweets messages of negativity and hate. The Donald has his enemies list, and it’s become apparent today that the crazies are attempting to gain his love by doing bad things to those on that list. When someone sends bombs to former presidents, actors and news networks, we are at a serious crossroad. Something must be done.

Trump’s harsh rhetoric, stupid conspiracy theories and hate speeches have pushed the fringe element to the edge. It’s time for Congress to comprehend that Donald Trump is bad for America. Trump has never even started to bring America together. Instead, he has divided us and turned basic traditions, customs and laws upside down. His thoughts and actions are not good for our country. He mocks decent conduct and has abandoned the respect and responsibility of the office. He has not fulfilled his pledge to protect all Americans.

We will learn more about the pipe bombs being sent to former presidents, movie stars and a news network, but Trump has can no longer brag about the lack of terrorism in America since he was elected. That was just another lie. STOP AND THINK ABOUT IT; the targets of these acts are Trump’s targets. The enemies of this terrorist appears to be the same people Trump doesn’t like.

I would urge everyone to google this reference in Wikipedia. I cannot believe that I would even think about what Hitler did to gain power when we are being attacked on our soil. I do not trust Trump and I am saddened to think he would ever promote this kind of activity.

We need to make sure that Trump is not complicit. We need to find out if these evil people are being motivated by Trump and, if so, they need to be condemned by the President. Trump has got to stop the vile demonization of Democrats and unnecessary bullying of our free press. If he cannot stop weaponizing his position, he should be impeached. He is inciting violence. And now we have proof.