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Patience is the Key to Supporting President Trump’s China Policies

Today’s Campaign Update
(Because The Campaign Never Ends)

Funny how this all works. – The key for being a fan of President Donald Trump’s approach to dealing with China is simple: Stay calm and wait a few days for things to work out before judging any action he takes.

If you’re panic-prone, things looked fairly bleak last Friday. The stock market had a terrible day, with the Dow dropping 600+ points after China announced a new round of tariffs on more American goods. Seemingly making matters worse (at least if you’re panic-prone), the President responded by announcing on Twitter that he would respond to China’s latest provocation by placing new tariffs on Chinese goods and raising already-existing tariffs. Raising the stakes even higher, Mr. Trump also called out China and its President Xi Jinping, for continuing to smuggle deadly fentanyl into the United States, promising harsh consequences if things did not change.

Yikes.

If you obsess over the market futures and other market minutiae, things still looked bad when you went to bed Sunday night, with Dow futures down more than 200 points and falling. Then you got up this morning, turned on CNBC or Fox Business and, presto change-o, the Dow futures were up 170! So what happened while you were sleeping to cause such a major shift in the outlook for Monday?

Well, the first thing was the announcement by President Trump and Japanese Prime Minister Shinzo Abe of a big, shiny new trade deal between our two countries. Next you had Trump and British Prime Minister Boris Johnson discussing the progress of negotiations on a major new trade deal between those two longtime trading partners. Combine those with the new deal with South Korea, the USMCA and ongoing trade negotiations with major trading partners like Brazil and India, and the markets were reminded China is far from the only game in town where the Trump trade agenda is concerned.

What is taking place here is a global resetting of international trade, a 50-years-late ending of the post-WWII Marshall Plan, a plan in which the United States agreed to take it on the chin where international trade was concerned in order to help rebuild the economies of all the countries, like Germany and China and Japan, which had attempted to destroy the free world just a few years earlier.

The original thought process behind the Marshall Plan was that it would remain in effect for about 25 years at most. Here we are 74 years later, and we finally have a President in place who has the intestinal fortitude and negotiating skills necessary to start the Great Unwinding.

Then there’s the ongoing issue of Chinese government-sanctioned smuggling of fentanyl, the greatest deadly drug epidemic of modern times. Late yesterday evening, Mexican officials announced they had seized a Chinese shipment containing 25.75 TONS of fentanyl, a drug that can be lethal with the consumption of just a few grams. The shipment originated in Shanghai, and was headed for Culiacán, Sinaloa, headquarters for the Sinaloa Cartel, whose target market is the United States of America.

Folks, that amount of fentanyl is enough to kill every man, woman, child, dog, cat, and Baltimore rat in the United States many, many times over. That shipment is about as close to an act of outright war any country can commit against another without firing a shot or flying a jet into a skyscraper.

Funny thing: Just a couple of hours after that seizure of Chinese fentanyl was made public, the Chinese government called President Trump and then publicly announced that it was ready to re-start trade negotiations in earnest.

Wow, what a coincidence, huh?

Now, very little of this will make its way into the pages of the New York Times or the air time of CNN or MSNBC or any of the three broadcast networks, all of whom roundly ridiculed President Trump for his “rash” remarks last Friday. But here we sit, just three days later, and he has been proved 100% right and fully justified, yet again, by subsequent events.

It is amazing how consistently this phenomenon happens. Why, it’s almost as if the President of the United States knows things that our fake news media is not privy to. Go figure.

Mark Penn, who is a very smart guy in most ways, has a piece in The Hill this morning in which he correctly notes that the President should keep pushing China but then incorrectly advises him to stay off of Twitter. Penn of course wrote this in a panic over the President’s Friday tweets.  Had he waited just half a day longer, he’d have probably noticed that everything Mr. Trump tweeted on Friday had by Monday been borne out and supported by subsequent events.

So, next time you see President Trump tweet out something that seems outrageous or non-reflective of reality as you know it at that moment in time, wait a few days and see how your reality changes before you react negatively to it.

You’ll be glad you did.

That is all.

 

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time. 

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Open post

The G7 Summit: Trump’s Reykjavik Moment

Today’s Campaign Update

(Because The Campaign Never Ends)

Someone really needs to relieve John McCain of his I-phone. – The guy whose rejection by the American people gave us Barack Hussein Obama got all upset on Saturday over President Trump’s refusal to bow to our Euro-Canadian betters at the G7 summit, and decided to send the following tweet:

There is absolutely no evidence whatsoever that a bipartisan majority of the American people remain pro-globalization, but nevermind, the Senator from the news media has decided it is so.  And so, the guy who could not win the presidency in his own right decides to undermine the trade policy efforts of the guy who was able to win the presidency.

Delete your account, Senator McCain, and while you’re at it, resign the senate seat that you have not manned for a single day this year.  It’s time.

We are witnessing history on a grand scale. – Make no mistake about it, this G7 meeting was the most consequential such meeting ever held, an event every bit as crucial for the future of the free world as Reagan’s walking away from Gorbachev’s siren song at Reykjavik in 1986.  This is true for one simple reason:  The most powerful nation present, by far, now refuses to speak with the forked tongue of globalism.  What’s more, probably the second most powerful nation present – at least economically – is also trending in that direction.

Take a look at this very telling picture:

The first thing you notice is that the only guy seated is completely dominating the room.  He’s the absolute center of everyone’s attention, the singular target of their pleading and scolding.  The second thing you notice is the body language of Shinzo Abe, the Prime Minister of Japan, is exactly the same as President Trump’s.  They’re both taking in the preaching of Macron and Merkel, and not buying a word of what they’re saying.

Why?  Because they both know that these European peacocks are powerless without the backing of the United States of America.  Abe, in fact, knows that is the truth about his own country, and has been the truth since the end of World War II.

Despite all the shrill denunciations of President Trump in the fake American news media today, every bit of real leverage in that room is on America’s side.  The leaders of the other G7 nations know that, they know their economies can’t survive without the American largesse and one-sided trade practices they’ve enjoyed for 70+ years, and that is why they so detest Donald Trump.  He refuses to speak the false language of globalism that Senator McCain wants him to speak and which every previous U.S. president since Reagan has gladly spoken.

Senator McCain and his fellow establishment Republicans, along with every Democrat and fake journalist practicing today would have Mr. Trump simply surrender all that leverage, all that power, in the name of globalism and their fool’s notion of “fairness.”

This President isn’t going to do that because, unlike his four immediate predecessors in office, he understands the crucial nature of leverage and power, and plans to keep using both to advance the interests not of some international “world order”, but of the American people.

Today, he arrives in Singapore for preparations for his June 12 summit meeting with the Crazy Little Fat Guy from North Korea, Kim Jong Un.  The very same establishment Republicans, Democrats and fake journalists and talking heads who for the past two days have scolded President Trump for having the  nerve to jealously protect American interests and deploy our country’s massive leverage in international negotiations will now shift to fretting that Mr. Trump is now going to somehow completely surrender all that leverage and power in his negotiations with the little Rocket Man.

The hilarious part of all of this is that they’re all too dim and lacking in self-awareness to even understand the massive inherent contradictions and rank hypocrisy in their own arguments.  There is absolutely no reason at all to believe that this President – in stark contrast to his predecessors – will do anything other than jealously protect American interests and strongly deploy U.S. leverage while at the same time giving Kim the opportunity to concede what he must concede in order to improve his and his country’s situation.

But hey, this is what these people do – what they have been doing for the last 30 years, in fact.  It’s all they know, and it’s why our country is in inherently unfair trade agreements with pretty much every other major economy on the face of the earth, and it’s why Trump inherited a situation in which North Korea had been able to build its own nuclear capability as the free world stood by and did nothing.

In the magnificent press conference he held as he exited the G7 to head for Singapore on Saturday, the President in fact placed the blame for all of this squarely where it belongs:  On America’s past leaders.  “They can’t charge us 270 percent and we charge them nothing, that doesn’t work anymore,” he said before adding that he believes these other countries are now, despite outward appearances, committed to moving toward fairer trade agreements.  “I don’t blame them, I blame our leaders,” he continued. “In fact, I congratulate leaders of other countries for so crazily being able to make those trade deals that were so good for their country and bad for the United States.”

Exactly.  Our leaders have been suckers for too long.

“We are like the piggy bank that everybody is robbing,” he added,  “And that ends.”

John McCain and his fellow globalists hate that, because treating the American taxpayer as a massive piggy bank is what they’ve done for their entire adult lives.  Trump threatens their entire world view, and that’s why they hate him so desperately.

It’s very important – and telling – to note that Ronald Reagan received exactly the same reaction from milquetoast Republicans and the fake American news media after he walked away from Reyjavik.  Less than 3 years after he did that, the Soviet Union collapsed and the Berlin Wall came down.

It’s isn’t going to take that long for Trump to get the more favorable trade deals he is seeking from these powerless apparatchiks.  It will probably all be done within a year.  Because at the end of the day, all the leverage and power are in America’s hands, and Trump isn’t going to surrender it.

Just another day of Trump putting America first, and all the globalists hating him for it.

That is all.

Follow me on Twitter at @GDBlackmon

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.

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