Posts Tagged Trump
WHAT COMPETITIVE GROUP WOULD GIVE-UP, WHEN THEIR “BEST” TEAM OF MEN AND WOMEN IS IN THE GAME? DONALD?
Throughout his Presidential Campaign, Donald Trump complained about: the Trans-Pacific Partnership; adverse trade agreements with Mexico and China; the six-nation nuclear agreement with Iran and, of course, any of President Barack Obama’s accomplishments! He often tied the two points together: we negotiated bad deals, because we have bad negotiators.
But, can’t Mr. Trump see that he now has the best possible negotiating team, and the Negotiator-in-Chief is personally available to turn things around! Surely the (presumed) Author of “The Art of the Deal” can bring all of his super negotiating skills to bear. Keep in mind, that if we do leave the TPP—a trade pact, which consolidates the fastest-growing region on earth under one “roof”—we will be offering our seat to China. And, President Xi Jinping will be quite pleased to replace us, and assume our leadership position,
The nuclear agreement with Iran, which was thought to be only a couple of months away from having The Bomb, has truly accomplished its very important purpose! Tehran shipped both 95% of its plutonium and its centrifuges out of the country, in June of 2014, when the negotiations began. So, Israeli Prime Minister Benjamin Netanyahu’s worst nightmare—a nuclear-armed Iran—has not come to pass. Psst: Israel has had an entire nuclear arsenal itself, for decades!
And lastly, remember that New World Order that Trump has been dissing—off and on—whenever it suits his purpose? That’s the UN, NATO, the IMF, World Bank, the WTO, etc. Guess what? Those organizations, established after World War II, have: enhanced the global economic recovery: promoted world peace; and further led to a better functioning world.
As Donald Trump must surely know, the best time to drive that hard bargain is when you are in a position of relative strength! America did not suffer the double whammy, of both The Great Depression and a Major War being fought on U. S. Soil, during the 1930s and 40s. Yes, we fought in the War, lost a lot of good men, and drained our National Treasury. In the end, however, we were in much better shape then either the vanquished, or even the other victors.
America must retain a leadership position when aid, assistance and leadership are needed to: reverse global climate change; provide financial, medical and manpower assistance in combating medical pandemics; and we must remain in the forefront in responding to natural disasters. Helping people in times of distress, helps prevent future wars!
Following any military confrontations, we must act benevolently, if we win, and be thankful if we lose. Outrageous reparation payments should never be assessed on the vanquished. The harsh treatment forced on Germany, by the Allies after World War I, merely laid the groundwork for an even deadlier World War II, just 20 years later. After World War II, however, America instituted the Marshall Plan, by providing $13 billion ($130 billion in 2015 dollars) to help re-build European economies.
Donald Trump should re-consider some of his misguided ideas, and the harsh rhetoric that he has been using to attack a number of global and regional institutions. As long as the U. S. still maintains a level of stature, Mr. Trump should reflect on another Republican President, Theodore Roosevelt, who was often associated with the phrase: “Speak softly, but carry a big stick!”
NOTE: If anyone wonders why I was so easy, on Donald Trump, in writing this post, just read the prior post, where I had questioned whether anyone would want his hands on the key that launches the nukes. In past posts, I have used every name in the book, in referring to Donald Trump.
I took a somewhat different approach this time. Donald says the negotiators on the deals that he wants to replace–mostly everything–were really awful. But now, with His Team, led by him as the Negotiator-in-Chief, I say: Go for it! Donald, it’s time to “Put-up, or Shut-up!”
Donald Trump is a true shyster! From the time he announced his candidacy, back in June of 2015, he has boasted about how truly great each of his promises would be. The best ever! You wouldn’t believe it! And then, of course, the bullshittiest “Just trust me!” RIGHT!
He has used that Pavlovian sales pitch in every one of his performances, in order to have the audience drooling to the point that they would accept anything! But now, it seems that the American people are beginning to see through this Bait and Switch charade! Remember who was going to pay for that Wall? But now///?
Over the past several weeks, National Security has been front and center. His Military’s Tomahawk Missile attack on a Syrian air field was so devastating, that the Syrian Air Force was still able to strike that same city, a couple of days later from another air field. Then, “My Military”, as he calls it, dropped a 22,000 pound bomb on caves in Afghanistan. But, when you live in a cave, however, surely other accommodations can be easily located! Donald’s Pentagon” responded to questions about Congressional Authorization, by citing an ancient War Powers Act—for Iraq!
Of course the saber-rattling then pointed toward North Korea, and even true Trumpians would hardly assume that any current attacks could be covered under the 1950 UN Resolution, authorizing that “Police Action”. But, then, to top-off VP Mike Pence’s “Shield and The Sword” speech at the DMZ, the Trump Regime promptly sent the Carrier Group to the wrong ocean. (Syria = Iraq? Indian Ocean = Sea of Japan?)
Honestly, I think that Donald Trump’s two generals—H. R. McMaster, his National Security Advisor, and James Mattis, his Secretary of Defense—are in those positions merely for the cachet that they bring to his personal Tough Guy image. But, it’s not just the McMaster and Mattis who seem to be mostly invisible. In fact, most of Trump’s Cabinet Officers seem to remain out-of-sight, and are only paraded-out when Donald needs them for photo-ops.
And now, some 90 days after his Inauguration, Donald seems to be feeling the heat! Political pundits tend to review what new Presidents have accomplished at the end of their first 100 days in office. It’s sort of a report card; but, in Trump’s case, it is totally blank—other than the many red checks in the Deportment Section. So, he’s trying to play catch-up, with smoke and mirrors!
Perhaps that’s why Donald takes great pride in signing meaningless Executive Orders, and then holding them up; but, angles each one into the TV glare, lest we see its irrelevance to the Affairs of State. In fact, he traveled to the Treasury Department on Friday, and merely signed documents directing Treasury Secretary Mnuchin to do what he has already been doing, and doesn’t need an Executive Order, or a Memorandum to proceed with. For instance:
1. One directs Treasury to review the regulations included in the Dodd-Frank Act, which President Obama signed in 2010. That Law was intended to rein-in banks after The Great Depression (4Q07-1Q09), which deeply harmed the U. S. Economy, and the contagion spread globally. “Dodd” was the necessary response to prevent a reoccurrence!
2. The second directs a review of tax regulations, which Obama imposed on corporations to avert “Inversions”, which are acquisitions of foreign corporation for tax purposes. Ironically, one of Donald Trump’s very mantras—remain and manufacture in America—would seem to benefit completely with that Obama Legislation!
As I watch these meaningless exercises—such as reviewing necessary regulations, with the intent to repeal them—I can only believe that Donald Trump remains committed to eliminate all vestiges of President Barack Obama. Meanwhile, Donald Trump is thriving on the pompous nature his role, which only he could feel comfortable in, and spending most of his time holding: hateful rallies; photo-ops and his frequent trips to Mar-a-Lago.
And those Cabinet Officers? No photo-ops until after lunch, please!
WHEN WILL WE GET AN UPDATE ON THAT INFRASTRUCTURE PLAN THAT DONALD KEEPS SAYING WILL BE THE MOST “HUGELY” GREATEST EVER?
Michael Bloomberg characterized Donald Trump quite accurately, when he referred to him as “A Con (Man)”, at the Democratic National Convention, last July. Trump’s initial Infrastructure Plan, which he revealed last October, was just another version of Corporate Welfare. It was a complete scam at the time and, although he keeps touting it in his current rambling monologues, he seems afraid to reveal what changes have been made, if any.
Prior to November’s Election, economist Peter Navarro, who is now a Special Advisor to the President, and Wilbur Ross, Trump’s Secretary of Commerce, had drafted a Plan, which, seeming to explain it, appeared to be intended more to obfuscate by using obtuse numbers and financial illusions. There seemed to be no attempt to explain it so the average American might understand it. Their final analysis, released on October 27, 2016, was titled: “The Trump Private Sector Financing Plan”.
The gist of Trump’s Infrastructure Plan, as far as I can see, can be explained from what is cited, in four paragraphs, on Page 4.
1. “For infrastructure construction to be financeable privately, it needs a revenue stream from which to pay operating costs, the interest and principal on the debt, and the dividends on the equity.” This quote seems to suggest that only projects, with revenue streams—toll roads, bridges, tunnels, etc.—would be included. Side road repair, clearing impassible waterways, environmental clean-up, obsolete levies, etc. wouldn’t.
2. “…we are assuming that, on average, prudent leverage will be about five times equity. Therefore, financing a trillion dollars of infrastructure would necessitate an equity investment of $167 billion, obviously a daunting sum.” That means the private companies, who would cumulatively be buying complete control of the projects, including the long-tam revenue streams, will provide only one-sixth of the equity in the total Capital Structure. But, it gets even more interesting in Numbers 3 and 4.
3. “…to reduce the cost of the financing, government would provide a tax credit equal to 82% of the equity amount. This would lower the cost of financing the project by 18% to 20% for two reasons.” The true numbers will be revealed in #4.
The Treasury will provide a “Tax-Credit” for the bulk of the corporations’ Equity Capital—their investment exposure. Keep in mind that, unlike a tax-deduction, which merely provides benefits at the tax-rate, a tax-credit is fully deductible—dollar-for-dollar—from the final taxes payable. Now, see #4.
4. Now, here’s where it can all come together. “First, the tax credit reduces the total amount of investor financing by 13.7%, that is, by 82% of [the]16.7%. The elegance of the tax credit is that the full amount of the equity investment remains as a cushion beneath the debt, but from the investor point of view, 82 percent of the commitment has been returned.” Plain as mud, huh? Let me put those numbers into a more-understandable format:
U. S. Treasury sells $1,000 Billion to finance entire Project.
in Project: $Taxpayers Debt Exposure833 Billion — 83.3%
Corporate Equity (financed by Treasury): $167 Billion — 16.7%
Treasury absorbs Corporate Tax-Credit: $137 Billion — 13.7%
U. S. Treasury Debt equals Taxpayer Debt: $970 Billion — 97%
Cumulative Corporate Debt to Treasury: $30 Billion –3%
In summary, America is literally giving away valuable revenue streams ON MONOPOLIES, perhaps in perpetuity, assumedly without any control about future prices, continued maintenance, and there is nothing mentioned which requires that American workers be used, with regard to re-construction, on-going maintenance, or the long-term operation. Now, perhaps Donald Trump and Speaker Paul Ryan are making this more digestible; but, I sure would like to see a summary of the particulars before I hear how “hugely” great it will be, or anymore.
And as Donald always says: “This will be Budget-Neutral. Just trust me!”
Who can be certain that North Korea’s Supreme Leader, Kim Jong-Un, can restrain himself from escalating the current tension with the United States? But then, can we trust Donald Trump to attempt a peaceful solution either? Each man has lived his whole life in a privileged environment, is conceited, and appears to love the exhilaration of power. Also, both have surrounded themselves with loyal Yes-Men!
Given Donald Trump’s recent outlandish attacks on Syria and Afghanistan—both of which were unconstitutional, and violations of the UN Charter—I am concerned that, he believes he’s on a roll! A very dangerous one, at that! China, on the other hand, has appealed to both sides to show restraint, and it has reportedly cut-off coal shipments to North Korea. I can only believe that it is a sorry state of affairs when I can take more comfort in what Chinese President Xi Jinping might do, as compared to our own “Fearless Leader”.
The Korean Peninsula is a dangerous region, at present. The Kim Dynasty has purposely kept anyone, but the Kim line, from leading the country. And yet, some sort of re-unification of the Two Koreas—similar to Germany in 1990—would never work. The Soviet Union had collapsed by then; so, the German re-unification was successful.
China doesn’t wish to assume responsibility for a failed North Korea, if it were to invade it. Similarly, I doubt that some sort of U. S. military attack on the North would work either, since Mr. Kim just might begin firing missiles. Also, President Xi doesn’t wish to become America’s next door neighbor, nor should we want that. either. But, the Trump Regime doesn’t plan ahead for such contingencies.
China is North Korea’s only source of (mostly) humanitarian goods; but, it has recently stopped the shipment of coal. Food and medicine can hardly be denied to the North Korean People. The American deployment of a Carrier Task Force, led by the USS Carl Vincent, accompanied by three guided missile destroyers and support ships, hardly diffuses the situation—especially given Mr. Kim’s apparent instability. So, what is the solution?
Expecting rational thoughts or actions from someone, like Supreme Leader Kim, whose very being is treated as godlike, is hard to comprehend. He doesn’t seem to be especially concerned about his People, since they are barely given a semblance of human needs as it is. I firmly believe that, if Kim were asked the proverbial Guns vs Butter question—the balance between Military vs Consumer needs—Mr. Kim would surely respond: Butter?
Although I have no experience in National Security, there are several things that I would suggest: stop the shipments of military supplies; deny North Korea access to all manufacturing equipment and supplies; and also eliminate the import of any luxury supplies, which Mr. Kim and the privileged class receive from somewhere. And then, surround the Korean Peninsula with a U. N. flotilla, plus aircraft, including AWACS!
The blockade armada could be deployed under a U. N. Resolution. Besides acting as a blockade against all incoming supplies, other than humanitarian necessities. The global armada would also eliminate any rational “Fields of Fire”, for North Korean missiles. Lastly, have the Chinese Navy, as a North Korean Ally, take the lead, in order to provide additional buy-in from Mr. Kim.
NOTE: Since this action would be under a U. N. Resolution, Congressional Approval of U. S. participation should be easily approved.
NOTE #2: Welcome to my visitors from Israel and Trinidad & Tobago, and of course the U. S.
NOTE #3: WHOOPS! It now appears that the Carrier Task Group had not been deployed to the Sea of Japan, as the White House first announced. Rather, it had been deployed into the Indian Ocean, for joint naval exercises with the Australian Navy. The ships are, however, now headed in the right direction–the Korean Peninsula, some 3,500 miles away.
A more in-depth description this last Trump Regime misadventure, is provided by a NY Times article
On Thursday, Donald’s Trump’s (not ours, anymore) Military dropped a GBU-43, a 22,000 pound bomb, on a series of suspected ISIS caves, in the Achin district of Nangarhar Province, Afghanistan. Various Jihadist groups—such as al-Qaeda, ISIS and the Taliban—have located their training camps in such areas over the years. Perhaps, Donald feels that he displayed some humane restraint by not going all-out, and using the even larger GBU-77, which weighs 30,000 pounds.
The benefit of this area, near Pakistan, enables the terrorists fighters to cross the border, when they are feel threatened. And then, they return to their caps, once the danger has passed. Thursday’s show-of-force serves no purpose–besides enabling the generals to play with their “Toys of War. Meanwhile, when the Big Show subsides, the residents of those caves will merely find similar accommodations nearby.
Terrorists organizations, and perhaps ISIS more than others, operate as independently controlled cells, located around the world. Like the Hydra of Greek Mythology, when the head of one is cut-off, the hydra just grows two more. And in this case, there is no one head or one cell, to begin with. So, as we found in literally every war since Vietnam, superior firepower can “Win the battles, but lose the War!”
In fact, such outlandish demonstrations generally accomplish little when the assumed audience remains mired in the age of donkeys and mud huts. And, while Thursday’s absurd detonation will possibly provide ISIS with valuable recruiting propaganda, it is most important to remember that those donkeys can traverse the hills of Afghanistan, while our tanks cannot! In fact, such demonstrations of firepower do little to enhance our image, or win friends, in the Developing World!
The next Federal Budget hasn’t been finalized; however, the Trump Regime had suggested slashing the State Department and Health and Human Services, while increasing our Defense Budget, which is already as large as those of the next ten countries combined. Just think how cost-effective it would be to spend that same money, through State and HHS, to: build hospitals and schools; fight malaria and tuberculosis; and provide clean water and electric power. In other words, we could get more bang-for-the-buck, and enhance our reputation–by doing Good!
Donald Trump has a reputation for: his ignorance about complex issues; excessive hubris; and surrounding himself with Yes-Men. Although he boasts about having generals in his Cabinet, I seriously wonder whether he even listens to them! But, I am still concerned about what this fool might do next! And now, Mr. Trump has, once again, raised the issue of a pre-emptive strike on North Korea. Need I say more?
NOTE: This video is analogous to Donald Trump’s personal reaction to his BIG BANG! Once again, he just played through it!
Ivanka Trump presents herself as a Champion of Working Moms. Accordingly, she assumes to speak for those who must work–to support their child(ren), as well as for those who don’t (need to)! I cannot honestly speak for women who are, or were, working moms; however; whenever I hear her speak, I hear mostly the typical GOP income-divide.
In fact , whenever I hear any of the Trump Clan speak, I hear a very practiced form of Bait and Switch. Perhaps the Trumps are really descendants of visitors from the planet Metaphor.
When Ms. Trump touts Health Savings Accounts, tor sodden to finance Maternal Leave; let’s be clare, this is no benefit–the woman pays for it. Why isn’t there a provision for Paternal Leave., as well? Of course, most women would need employer approval and, in many cases, the lower-paying jobs would not be held for them. The proven benefits of parental leave, both to children and parents, abound! Oh, for some mysterious reason, the Trump Program will only apply to married women!
And Daddy Donald, of course, touts how hard his daughter works; but, giving of herself, is merely drumming-up support for one more program, intended to display both his and her humanity. When Donald and Ivanka Trump role out such programs, which are intended to appeal to the working class, the should remember to remove the strings and GOP tickers: they’re dead give-aways!
The linked column, by Jill Abramsom, “Ivanka Trump thinks she is in Beauty and the Beast: more like Macbeth”, from The Guardian (UK), most scathingly deflates “Princess I’s” PR balloon, back down to earth.
By now, most people are aware that: America fired 59 Tomahawk Missiles on a Syrian airfield; that act was a violation of both the U. S. Constitution and the U. N. Charter; the Syria Air Force bombed the same city (without Sarin gas) just a few days later; the Pentagon has not suggested any sort of long-range plan in Syria; but, there have been suggestions that the U. S. is considering either placing nuclear weapons in South Korea, and/or sending a team of (assumedly) special ops to assassinate North Korean Dictator Kim Jong-Un.
In 1950, Chinese Prime Minister Zhou Enlai told several foreign diplomats that China would enter the Korean War if the U. S. crossed the 38th parallel, into North Korea. General Douglas MacArthur, Commander of U. N. Forces—disobeyed direct orders—crossed the 38th, and continued on to the Yalu River—the Chinese Border.
The Chinese. as Zhou had said, entered the war in a big way, and the Armies of the Two Koreas, plus the U. S., have been encamped at the DMZ ever since. Although there was considerable Signals and Human Intelligence ,reporting a very significant massing of Chinese troops at the Yalu River, Mac Arthur disregarded it—at his own Army’s peril!
During the second (I believe) Presidential Debate last fall, Donald Trump had suggested that China should just invade North Korea and be done with the irrational Kim Jong-Un. The result from such an action, however, would force a direct confrontation between nuclear-armed China and the U. S., across the DMZ. So, here we are, 65 years after that War, and the Chinese seem to understand the potential danger of a nuclear build-up on the Korean Peninsula. But, why doesn’t Donald Trump get it ?
The Pentagon has deployed a Carrier Strike Force to Korea with the USS Carl Vinson, and three guided missile destroyers, all of which have been temporarily docked in Singapore. Japan must also be included in any strategic Korean Plan, along with Taiwan, which lies off the southeast coast of China. I believe that, if China deploys ships to the Formosa Strait, which separates Taiwan from the Mainland, Donald Trump should be very, very careful in making his next move. China proved, once before, that it does follow-through i protecting its interests!
North Korea has an 880 mile (1,420 km.) border with China, as well as a very small one with Russia. But, neither of the two nuclear superpowers have common borders with Syria. Additionally, the U. S. apparently has no long-term plans for Syria.
America does, however, have a very long, and semi-permanent, presence in South Korea. With a total of approximately 77,000 U. S. Troops in East Asia, and roughly two-thirds of them in nearby Japan, the situation appears to be more dangerous than Donald Trump’ s first major “Adventure”, in Syria.
Unfortunately, Donald Trump can be almost as irrational as Mr. Kim, of North Korea. So far, however, Donald has dodged a bullet in Syria, at least so far; but, I surely don’t trust him in Korea, where China will be a much more serious, and powerful, opponent!
NOTE: Welcome to my readers in China, Taiwan and Malta!