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Trump goes Godfather on General Motors

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Trump goes Godfather on General Motors

Members of Congress returned to work yesterday — work being a relative word — and were immediately broadsided by some bad economic news.

General Motors announced that it will cut approximately 14,000 workers and close 5 plants (3 in North America) in preparation for an economic downturn obvious to everyone not named Donald Trump.

These decision by GM is likely to be repeated by Ford Motor Company in the very near future, and together it proves conclusively that the warnings about how Trump’s trade war would destroy the economy are coming true.

The US auto industry was one of the first to warn against imposing tariffs due to the inevitable harm it would do to sales and the lost jobs that would result. And just a few months ago that Ford Motor renewed their appeal to the White House to create policies designed to stabilize the market after US steel costs reached the highest levels in the world.

Unfortunately, the economically illiterate “King of Debt” refuses to accept this reality. Already blaming the new Democrat majority for his failed policies, Trump is doubling down and essentially threatening GM with extortion using threats that would make Vito Corleone proud.

Trump told reporters at the White House that he has instructed GM Chairman and CEO Mary Barra to cancel plans to shutter the Lordstown, Ohio, plant and that GM “better get back in (Ohio) soon.” He stated his conversation with Barra “was very tough” and that he would put “a lot of pressure” on her to comply with his wishes.

As he headed off for still more campaigning, Trump indicated that he felt his Godfather tactics would work by saying, “I think you’re going to see something else (built) there, but I’m not happy about it. I have no doubt that in a not too distant future they’ll put something else, they better put something else in.”

For good measure, in an interview with The Wall Street Journal about the GM announcement, Trump said, “I love Ohio. I told (GM) ‘You’re playing around with the wrong person.’”

David Stockman, the former director at the Office of Management and Budget under Ronald Reagan, recently appeared on FOX Business to warn the sycophants at Trump Pravda that the “Trump economy” is unstable due to the trade war and out-of-touch fiscal policies of “a madman in the White House.”

Considering yesterday’s announcement and Trump’s Godfather response, maybe it’s time to consider the words of Mr. Stockman and prepare accordingly.

Originally posted on StridentConservative.com.

 


David Leach is the owner of The Strident Conservative. His daily radio commentary is distributed by the Salem Radio Network and is heard on stations across America.

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Economy

President Trump working with Congress to sanction Turkey

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President Trump working with Congress to sanction Turkey

In less than a week, Turkey has managed to draw the ire of most of the world, including most on Capitol Hill, as they move to eradicate Kurds and Christians in eastern Syria. Their invasion, coordinated with attacks by their Syrian al Qaeda proxies, have already caused turmoil, killed hundreds, and displaced hundreds of thousands.

Now, President Trump appears ready to follow through on his threat to “cripple Turkey’s economy” through sanctions.

The President has been criticized by many in both political parties following the White House announcement that we are withdrawing troops from the border region. What followed was such a quick response in the form of an all out Turkish invasion that it’s clear they’ve been planning this for some time.

Our EIC took to Twitter to push the President towards following through with his threat against Turkey should they cross the line. As he noted, they have clearly crossed the line.

Reports of civilian deaths are mounting. It isn’t just the Kurds that Turkey and al Qaeda are targeting. Syriac Christians are in the crosshairs as well. The intense fighting seems to be focused on clearing out entire cities to make room for the millions of refugees the Turks currently hold. Instead of just taking out military targets from the Kurds, who Turkey believes to be terrorists, the invaders are wiping out the entire populations in cities and villages near the border.

Senator Lindsey Graham chimed in. Graham has been a Trump supporter, but broke from the White House over the Syrian withdrawal. Now, he’s voicing hope and alignment with the President’s sanction plans.

Turkish President Erdogan clearly lied to President Trump. It’s time to send them a clear message in response. Our troops may be coming home, but we can stop this bloodbath through sanctions. Cripple their economy, Mr. President.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

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Democrats

Andrew Wilkow: Elizabeth Warren’s lack of real-world experience is why progressives love her

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Andrew Wilkow Elizabeth Warren

Elizabeth Warren is the current frontrunner for the Democratic nomination for president. I’ll admit, I never expected that to be the case until recently. I truly believed she would be in the middle of the pack before bowing out in favor of Bernie Sanders, Kamala Harris, or one of the other radical progressives who would take on Joe Biden. But I was wrong. She has surged into the lead and at this point, it’s her race to lose.

BlazeTV’s Andrew Wilkow explained her popularity among the progressives, and in doing so showed by I was unable to see her appeal. According to Wilkow, the difference between her and Hillary Clinton is that she’s a member of the elite academia, which progressives love. Her lack of real-world experience isn’t seen as the clear detraction that it should be. Instead, having lived in a theoretical bubble of feel-good progressive policy proposals gives her an advantage in the eyes of hyper-leftists.

In other words, she hasn’t had any real-world experience to burst her bubble, so she’s able to enact hypothetical ideas that are demonstrably bad without reality clouding her judgment. To the far-left, this makes her an ideal candidate.

How in the world is Elizabeth Warren leading in the Democratic polls? Andrew Wilkow breaks it all down for us in this eye-opening analysis for BlazeTV. She’s as detached from reality as her policy proposals, which is why the radicals adore her.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

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Economy

Trump to farmers: ‘Buy more land and get bigger tractors’

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Trump to farmers Buy more land and get bigger tractors

President Trump announced today a “phase one” trade agreement with China. Part of the deal includes a dramatic increase in agricultural products to be sold to China, ramping up from around $16 billion worth per year at its highest historic mark to $40-$50 billion per year moving forward. Current levels are estimated at around $8 billion. While announcing it, the President said farmers should immediately “buy more land and get bigger tractors.”

The deal is expected to be written and signed in three to five weeks. It was negotiated on China’s behalf by Chinese Vice Premier Liu He.

Both economies have suffered through the trade war that started last year between the two biggest economies in the world. But pressure seems to have hit China harder as they are generally the exporter while America is more of an importer. The President’s goal of balancing out trade between the two countries prompted back-and-forth tariffs. This deal stops upcoming tariffs, at least temporarily.

Also included are intellectual property and financial services, two sticking points between the countries since long before President Trump took office.

Opinion

I’m hopeful, but I don’t trust China one bit. This stalls upcoming tariffs, but until it’s signed it’s still just a theory. Nevertheless, it’s a positive sign and a step in the right direction towards bringing back free trade as our national economic mantra.

We are currently forming the American Conservative Movement. If you are interested in learning more, we will be sending out information in a few weeks.

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