As you may have heard, Donald Trump has announced he’s thinking about running for President of the United States. Item number one on his agenda, should he be elected? Dealing with this China business. According to the Don, “nobody, other than OPEC, is riping off the United States like China,” and he’s had it. “They’re making all our products, they’re taking all our jobs and then they loan the money back and we pay them interest. It’s an amazing phenomena.” Should there be any confusion, Trump, who knows China better than anyone because he buys curtains from them, would like everyone to get it through their heads that “China is an abuser. China is not our friend.” How do we stop the cycle of abuse? Don’s glad you asked. First off, we stop playing Mr. Nice Guy and we start playing hard ball. And what will send a message we’re playing the hardest of ball? Taxing their stuff at 25 percent and taking away those fancy dinners you know they love so much.
1.State Dinners: “One thing we don’t do is have these state dinners for the president of China when he comes and treat him to a beautiful five star state dinner. That’s one thing we don’t do.”
2.Threaten to tax them and mean it: “We tell China, that if you don’t stop manipulating your currency, we’re going to put a 25 percent tax on your products that come into the United States.”
As for point two, what’s very important is that the “right messenger” delivers the news of said tax. According to Trump, that’s “someone like me, who knows how to say things.” You know who it’s not? These pussy diplomats who were went to school to study “how to be nice.” No, you send a businessman like Trump and guess what? “China will come to the table in two seconds and they’ll make a deal that’s very good for us.”
Trump: Tax China’s Goods 25% [Fortune]
And let’s take away their ability to drive…oh wait…
¿Como se dice “winning”?
all you need to do is find the mysterious General Tsao and steal his delicious recipe for #24 and bam China go bye bye or they will respond by putting pee pee in our coke…either way #WINNING
all you need to do is find the mysterious General Tsao and steal his delicious recipe for #24 and bam China go bye bye or they will respond by putting pee pee in our coke…either way #WINNING
“We tell China, that if you don’t stop manipulating your currency, we’re going to put a 25 percent tax on your products that come into the United States.”
Translation:
“You’re fired.”
“We tell China, that if you don’t stop manipulating your currency, we’re going to put a 25 percent tax on your products that come into the United States.”
Translation:
“You’re fired.”
What a bafoon, can he stick to BKing every personal business he ever owned and leave everyone else alone? This country is in a red zone already without his “magic” touch. China might be a problem, but the root cause sits here and it is called FED.
“You’re hired.”
-Da Trumpsta
Oh my God, America, what happened? Are you OK?
Nothing…I…tripped, hit my head on that closed factory…and that how I got this…this balance of payments.
Are you sure that’s how it happened?
….I know China loves me, he just has a hard time expressing himself…and he doesn’t handle his alcohol that well…Its my fault, you know? I’m just asking for it…his chearp, poorly-built goods and endless appetite for my debt. Sometimes we have a great time, and he’s so sweet…we had the most wonderful dinner a little while back. And then other times, he starts in with the undervaluing his currency and human rights violations. What can I say though? I need him as much as he needs me.
Why not? At-least our first lady would be smokin…
Melania would be best FLOTUS ever. Great J’s.
Melania would be best FLOTUS ever. Great J’s.
If i can say anything, its that the situation sucks!
I think those two items are newsworthy.
As for Trump’s ideas, they suck.
Honestly, if I had his money, I would just spend the day with my face in Melania’s fun bags.
China: Ah President Trump, you want to levy a 25% tax on us?
President Trump: Well boys, I have to play a little hardball with you.
China: Your hardball against our wrecking ball.
President Trump: Huh?
China: Time to cash in our chips. That will be $830 billion and we will take a check.
President Trump: Honey, I am going to be late so tell the White House chef (Chinese)
to cancel the Gung Pao chicken. This could take longer than I expected.
China: We will take your bitch too!
Donald Trump is long toupees, short reality
I agree…Donald Trump is a fraud.
I agree…Donald Trump is a fraud.
I agree…Donald Trump is a fraud.
Like it or not Trump is the only one talking about our real problem with the economywhich is free trade.
Obama is almost as much a free trade evangelist as Jim Demint and that is scary!
Trump wants to fix this problem and looking at the numbers who would not support the guy against the status quo?
Our free trade nightmare started with NAFTA in 1994 and here is the proof.
1993 trade deficit negative 115 billion
1994: -150.6
1995: -158.8
1996: -170.2
1997: -180.5
1998: -229.7
1999: -328.8
2000: -436.1
2001: -411.8
2002: -468.2
2003: -532.3
2004: -654.8
2005: -772.3
2006: -827.9
2007: -808.7
2008: -816.2
2009: -503.5
2010: -633.9
Spend a few minutes reading through this link. Both parties are guilty of either ignorance or selling us out or both…
Trump wants to stop the hemorrhaging and I for one as a center left Obama voter agree with him.
http://www.census.gov/foreign-trade/balance/index.html
The largest transfer of wealth in history has gone from the American Middle Class into the pockets of despots & multinational corporations due to our trade policies.
Since 2007 we have sent the Chinese over 1 trillion dollars of our money in a dollar draining (never to return) negative trade deficit.
US World trade deficit from 1987 – 2010
Negative 9 trillion dollars!!
In that photo she had just had a kid and was likely breast feeding, which make them bigger.
This raises the question of who was the greatest epicurean general. Tsao with his chicken, Wellington with his beef or Napoleon with his brandy?
Word.
-C. Little
I think I need a (hair-) do-over. All this anxiety has ruffled my “feathers”.
I doubt Don would hang out in Rio while Mothra is being gestated and we’re dragged into a 3rd Mid East 10 rounder.
Did she marry him for his looks?
So I can use them to rest my face and drink at the same time, no?
We just declare bankruptcy and start over, it worked for me.
We resemble that remark.
Concur but would limit to ~ 90 minutes. Then hit the links. Then back at ‘em. The guy is a complete pompous douche but I do respect how he rolls.
Trump will not run, if he ran, he would have to disclose his tax returns and everyone will know that he does not belong on the Forbes 400. The same reason he does not live out in the East End, he cannot get into any of the golf clubs. he is a fraud, the perception is better than reality for him
Donald doesn’t get that when he declares bankruptcy, Chinese can and will roll in with tanks.
I am Maximus Donaldus Meridius, Destroyer of the free trade, Corrector of the trade deficit, loyal servant to no one. And I will have my vengeance, in this life or the next.
Rockefeller with his oysters.
Did he pick that up in Taco Bell? My word! I need to go into one of these places. I’m obviously missing out!
FYI, your understanding of currencies/time-value is completely backwards.
Besides, a few trillion dollars isn’t that big of a deal. You could find that under the couch cushion of the Midwest if you just banned McDonalds for a year or two.
FYI, your understanding of currencies/time-value is completely backwards.
Besides, a few trillion dollars isn’t that big of a deal. You could find that under the couch cushion of the Midwest if you just banned McDonalds for a year or two.
FYI, your understanding of currencies/time-value is completely backwards.
Besides, a few trillion dollars isn’t that big of a deal. You could find that under the couch cushion of the Midwest if you just banned McDonalds for a year or two.
Benedict with his eggs.
Nice attempt. I give it a 6. It would have been an 8 had instead of “and I will have my vengeance”, was “and i will have my balance”.
Are ‘tanks’ some sort of new delicious pot sticker I should be trying at P.F. Chang’s?
You clearly don’t understand how trade works. Go back to the boards at huffpo or politico or whatever hell hole you came from.
Earl with his sandwich.
Earl with his sandwich.
Carnegie with his mellon.
- LEH Quant
Bell with her… nevermind
Listen Massa Don, if you don’t stop trashing my Motherland I’ll shove my yellow marker up to your bankrupt ass!
The Ping
http://www.investopedia.com/terms/s/spurious_correlation.asp
What a great idea!
-Sen. Reed Smoot, R-Utah
Cool baby, bro!
If Warren Buffet released his tax returns you’d think he was your limo driver. Tax returns don’t tell you shit.
The correlation might be spurrious – though somewhat debatable when deficit exists for 30 years with just mildly growing population, but it would not hurt to have a little trade surplus as well.
Certainly beats the size 14 wearing sasquatch we have at present.
Trump, how much does it piss you off that you’ll never build anything as high as me and Andy Lahde right now?
- Jimmy Cayne
Colonel with his chickens.
- Reshawnda
Rommel’s asparagus
You misspelled “locks”.
Ummm – so we give them worthless dollars and we get “stuff”. I will make that trade every day and twice on Sunday.
I concur
I concur
The U.S. is a wealthy nation with huge internal consumption and (relatively) few natural resources amid a global bazaar of low production cost markets. The Donald and all his center left Obama voter supporters need to stop trying to fight the tape. There’s nothing intrinsically destructive about trade deficits. If you’re gunning for the GOP ticket and taking your talking points from the AFL-CIO handbook you’re doing it wrong.
The U.S. is a wealthy nation with huge internal consumption and (relatively) few natural resources amid a global bazaar of low production cost markets. The Donald and all his center left Obama voter supporters need to stop trying to fight the tape. There’s nothing intrinsically destructive about trade deficits. If you’re gunning for the GOP ticket and taking your talking points from the AFL-CIO handbook you’re doing it wrong.
The U.S. is a wealthy nation with huge internal consumption and (relatively) few natural resources amid a global bazaar of low production cost markets. The Donald and all his center left Obama voter supporters need to stop trying to fight the tape. There’s nothing intrinsically destructive about trade deficits. If you’re gunning for the GOP ticket and taking your talking points from the AFL-CIO handbook you’re doing it wrong.
The U.S. is a wealthy nation with huge internal consumption and (relatively) few natural resources amid a global bazaar of low production cost markets. The Donald and all his center left Obama voter supporters need to stop trying to fight the tape. There’s nothing intrinsically destructive about trade deficits. If you’re gunning for the GOP ticket and taking your talking points from the AFL-CIO handbook you’re doing it wrong.
Speaking of the pompus douchery, I saw Jerry Jones outside a hotel I was staying in and asked him if he really had a hot tub in the shape of Texas. He told me to go eff myself. True story.
This comment is precisely why Disqus needs to add the “Don’t like” button
So what did you do?
+1 ftw
You are a simple person and just doesnt get it….we get real assets for that deficit like…clothes and stuff.
I heard on cnbc that we are the 3rd largest energy producing continent.
Not only a Bankrupt King, a proud nuisance candidate,too.
Your mom is Flotus?
Reductionist
Don’t forget all the Treasurys/Agency bonds they buy means they are effectively subsidizing every mortgage to the tune of 100-150 bps
Trump: Sorry, canceling the State Dinner. Saving it for friends like Yemen!
China: You wanna fuck on me?
Trump: That’s not all. Taxing you guys. 25%. And take your damn Panda!
China: Oh, yeah, okay. Oh, I take him back. Uh, right after you suck on these little Chinese nuts.
Trump: And I hope there are no hard feelings. Are we good?
China: Not so good now. Quid pro quo, douchebag.
China: I want my purse back, assholes.
China: Bring money to Big Rock in Mojave Desert at dawn.
I see most of you guys are sippin the free trade kool-aid. Well that’s ok you cant help yourselves it’s just your wiring.
“Ignorance is preferable to error, and he is less remote from the truth who believes nothing than he who believes what is wrong.”
Thomas Jefferson
As it turns out, there’s a growing body of neuroscience research that supports the policy of ignoring the committed base of both parties (except, of course for “get out the vote” efforts for those favorable to the candidate).
In late January, Drew Westen of Emory University announced the results of a brain scan study of how political messages are viewed by partisan voters.
“We did not see any increased activation of the parts of the brain normally engaged during reasoning,” said Drew Westen, director of clinical psychology at Emory University.
“What we saw instead was a network of emotion circuits lighting up, including circuits hypothesized to be involved in regulating emotion, and circuits known to be involved in resolving conflicts.”
The test subjects on both sides of the political aisle reached totally biased conclusions by ignoring information that could not rationally be discounted, Westen and his colleagues say.
Then, with their minds made up, brain activity ceased in the areas that deal with negative emotions such as disgust.
But activity spiked in the circuits involved in reward, a response **similar to what addicts experience when they get a fix**
***The study points to a total lack of reason in political decision-making.***
Treasuries have put options?
random TJ quote? check. useless college psychology study? check. 1 am return to a blog to rebutt your point? check. Well done. I don’t even feel comfortable telling you to kill yourself so here’s a quote for ya…
“What Jefferson was saying was, Hey! You know, we left this England place ’cause it was bogus; so if we don’t get some cool rules ourselves – pronto – we’ll just be bogus too! Get it?”
Brah, you wanna pass some of that shit over here?
J. Cayne
Great idea banning free trade.
Let’s see what happens when your vacuum cleaner costs $630 at Wall Mart instead of $63.
No he’s not! He is a GENUINE Douchebag. 100% real. :p
No he’s not! He is a GENUINE Douchebag. 100% real. :p
Exactly Tax the crap out of imports! Now were talking! Trump for president!
Things will level out, it will take a bit of time, but Americans will get back to work the money will be put back into our economy, The stock market won’t be a fraud, We just have to make sure the wall street giants don’t steal it all and put it in out of country bank accounts, Another thing that needs to be banned!
Hope this article was a joke. I wont bet a dime on US if China decides to sell out just 20% of their USD reserves, or let’s say, exchange them for EUR or JPY. The problem is not China, but, as someone said, US and the FED. Imagine this story here: (google for “Dr. Bernanke Gets a Phone Call by Gary North”)
You’re out of your element, Donald.
I don’t know what school you went to, but you must be a brain washed person who has been drinking the cool aid. We would tell China we’ll pay you when we get ready to pay you. What are they going to do when all there stuff stops being bought and all the companies that use to be US business that relocated to China hit the brakes. They think holy _ _ _ _ ! It’s time to pack the bags and come back to the USA and start having products that say MADE IN THE USA. This puts people back to work, more tax base, and will create new innovations. It might be rough at first, but it could be done. By the way I hav a BS in Law and Political Science not to mention a minor in Business Finance. So wake up, its time to put someone who is not a politician in charge. Tell me of any career politician that has really made a difference? REPUB or Demo. They have all sucked. If you want to be spoon fed by the government then look back in history at all the great civilizations they all have fell because of laziness, greed, gluttony. Every once in awhile they have to be gut checked what could it hurt because ROME IS Burning and we are ROME right now. If this path continous I do believe that you’ll wake up here in the near future and say gosh that dude was right. I’ve prepared for the worst ,but I’m hoping for the best and If It’s another 4 years with this Joker and the Jokers in the senate then GOD help Us. Don’t comment on the grammar because I really don’t care