Saturday, April 07, 2018

Trump's Tariff Insanity: A Classic Case Of The Gullible Voting Against Their Own Best Interests

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by Noah

A quick examination of the list of businesses that will be the first to be damaged by SeƱor Trumpanzee's market roiling tweets and tariff insanity illustrates yet another sad case of people voting against their own best interests. Along with Midwestern businesses related to the auto industry, the Midwestern and Southern farm regions that so strongly supported and still support Trump, all bought into his con and now they are even more at risk of going bankrupt than they were before. This is especially true of small family farms, so many of which have been owned by the same families for generations; families that built a livelihood and a future out of nothing but the land they owned and plenty of hard work.

When the farms and other businesses of these areas go under, the vulture banks, vulture capitalists like Trump, and agribusiness corporations will offer them 10 cents on the dollar (or less) for their property. In many cases, they will just take it through foreclosure. It's not like this sort of thing hasn't happened before in our history. Even the banking scams that cheated so many of our fellow citizens circa 2008 are part of the same moral criminality of Trump and his degenerate ilk in the 1 percent class. The most bizarre thing to me is that people never learn. In this case, they didn't even see it coming even when they were reminded during the 2016 campaign of Trump, speaking in 2006 of a possible real estate collapse, said he liked it when the markets go down because that's a great time to buy up real estate; your real estate. Here he is back then:
I sort of hope that happens, because then people like me would go in and buy.
Context may not be everything but you can bet that the anti-American Trump and his bank and agribusiness backers are rubbing their greedy little paws in glee and the anticipation of a well-planned major land grab. They don't just laugh and smirk when they sell off public lands and chunks of national parks to eachother for fun and profit. Like a 3000 year old Sequoia or a pristine stream, the family farmer matters nothing to them. That family farmer served his purpose on election day.



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3 Comments:

At 8:08 PM, Anonymous Anonymous said...

Seems those deluded deplorables don't agree with your arguments:

https://www.nytimes.com/2018/04/04/us/trump-tariffs-minnesota-mining.html

 
At 8:28 PM, Anonymous Anonymous said...

Anyone who voted for trump deserves whatever personal Armageddon they get. I have zero sympathy.

Anyone who voted for trump also has not the intellectual potential to discern whether they are, personally, alive. So anyone claiming the tariffs will help them couldn't possibly know.

The problem with armageddons, naturally, is that it is never selective. Yes, the rich are always immune. But everyone below the top 3% gets the same buggering that the dumbest of the dumbest of the dumb trump voter deserves.

Sadly, almost all of THEM also are too limited to discern what just happened. Perhaps this is why this shithole is among the most religious of all human shitholes in history.

I truly feel bad for the EU. They are smarter than us but when we dig a yoooge shithole, it always sucks them in with us/US.

I'm thinking that trump is going to be the final catalyst that makes the Chinese the only superpower some day very soon. And you want to know why they'll emerge above the Russians? They're ruled by a, more or less, BENEVOLENT and seemingly efficacious DESPOT. Russia is a Mafiosi-kleptocracy. And the usa is a fascist Klepto-kakistocracy.

Given those choices, I'd take benevolent despot. The Chinese are lucky.

 
At 1:00 PM, Anonymous Anonymous said...

Again I say, we americans always seem to devolve to the lowest common denominator:
We are all Kansans today.

 

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