38 Replies to “Americana Trump And The Prophets Of Doom”

  1. Things are going great, now if only they could balance a budget and eliminate the 23 trillion dollar debt. Much like Canada the U.S.government is running on debt, an unstainable debt.

    1. Trump is a builder. He builds to a plan, and that requires a certain order. So far he has made continuous progress on some very large problems that everyday Americans wanted addressed. In a second term, I think he might, working with Congress , start whittling down the deficit. He is the President of all America, and he won’t short change one group of them to benefit another group. Example: the greatest rise in incomes have been in the lowest quintiles.

    2. Not this again.

      If you know anything about the Federal Reserve system (and thus, virtually every currency in the world – even regular Iranians are defaulting to Dollars over the rial), you know that it is not possible to “eliminate” the debt in the sense that many people think of “paying it back”. There literally was NEVER enough money to eliminate the debt from the moment the Federal Reserve was created.

      If it takes you $1.10 of debt to create an actual $1.00 bill, it is theoretically impossible to “eliminate” the debt.

      You know what would eliminate the debt?

      Trump auditing and discrediting the Fed, then announcing the US will print debt-free (Fed-free) Greenbacks which will replace the Dollar. And if the Fed won’t be audited, guess who has the Military (it’s not the Fed).

      That’s the Sword of Damocles the Fed has always been under.

      Debt is book-keeping, and any good economist will tell you that book-keeping is a signal, not the reality of economics. This means that all those dollar-denominated debt-instruments in the world are worthless if the US decides to – for example – put “holds” on all the serialized treasuries that China “possesses”. They don’t actually “possess” anything ofc – the “Notes” are in electronic form in the United States – nothing more than manipulations of the Electric-field in a semiconductor state.

      A Note is worthless unless you can convert it into dollars.

      And a Dollar is worthless unless you can buy American assets with it.

      And if the US government (and especially Congress) decides that the Notes should be voided or “on hold” – or if they decide that you can’t do business with American businesses using those dollars ….

      …it happens.

      It’s been done throughout history to this day – look at current events in China and Iran.

      The Federal Reserve is actually in a precarious situation that has been threatened many times – in the end, the greatest power in the world is still at the end of a gun-barrel or under the tractor of an American farmer – and the Fed has neither. Many people over-estimate its power, including Trump-supporters. Misunderstanding economics causes people of all stripes to hyperventilate a little. The push-pull effect of the dollar-denominated economy is mitigated by the fact that a large proportion of Americans don’t do business by trading in dollars – and thus are less affected by the inflationary and deflationary swings of dollar-debt.

      Want to be poor? Put your trust in dollars (which is really a replacement for IOUs and favors when dealing with people you mostly don’t know).

      Want to be wealthy? Put your trust in people (the real “assets”, doing business without having to default to dollars).

      Necessarily, all currency-denominated economies rely on atomization of communities in one way shape or form – the less trust, the more powerful a fiat-currency is. The less trust in people, the more the currency must be circulated in place of that trust to supply “wants” and “needs” from strangers (the “Free Trade” systems today are reliant on this atomization, making shipping things from across the world more “efficient” than having your own community and neighbors making them).

      A currency-lean economy always involves “localization”, where closer-knit communities have their “needs” and often “wants” provided by people they know and trust.

      So it is no surprise that people (and countries) that must rely more on trade to survive and prosper are more reliant on “Debt” and “Currency” economics than those who aren’t.

      And America is the biggest economy which just so happens to be least “coupled” to the international trade system. Therein lies its leverage – against the Fed and against all other economies.

      1. Short version:

        The problem isn’t “paying down the debt”.

        The problem is “spending” –

        – the circulation of the dollar and an over-reliance in the real economy, which results in higher velocity and transfers to drive economies (and people) into a no-win situation in the belief of “paying down the debt” – because that is impossible to do, because it was never possible to begin with.

        You can’t pay $1.10 of debt when there is only $1.00 in the actual economy.

        It’s ultimately about “Faith”.

        1. R, correct, until spending is curtailed the debt will continue to grow. That in no way negates my original comment.

          1. It does negate your comment because you are focusing on the debt, when in reality Americans like myself don’t care about the debt-trap. If at any time the Dollar weakens or strengthens, we profit either way.

            Our businesses and communities would simply shift further into, or out of, other forms of exchange and economic activity. I get it; this is not an aspect of freedom you’re familiar with – maybe you don’t know your own farmer or the oil workers or lumber mill, or gunsmith, etc…

            …but we do.

            Finance is a medium of economics, not economics itself.

            And the Dollar is only one form of Finance – it isn’t even real money.

            It’s the Federal bureaucrats and welfare recipients and “Free trade” multinationals and internationalists, etc who would be devastated by the urgency to “eliminate the debt”…

            …and their first inclination would be to confiscate/steal assets from Americans like us. Again, going back to the Battle of Lexington and Concord, Americans have long since remembered that armaments protect them from thieving governments/Royalty and their thugs/”Indians”.

            We have the ultimate negotiating power; we’re the People, productive, culturally free, and self-reliant on everything from local security to food and energy resources. New York City would starve to death without us – that’s their dependency, which is “Financed” by Dollar-denominated trade with foreigners and across regional economic lines within the USA. Do you think people like us care if these parasites become economically [more] distressed? Do you think we care if they threaten to use force, considering that many of us are capable of hunting animals with instincts far sharper than any humans?

            Trump is saving their hides from themselves, not our’s.

            The military is populated with our cultural brethren, so how are they going to facilitate such confiscation of assets – and the real assets are our own persons – without our skills, any other assets are worthless.

            You seriously overestimate the importance of Dollar Diplomacy, as if it has greater leverage against Americans in general, when in reality its leverage is against foreigners and “international trade”.

            Dollar Diplomacy is most relevant and acute to the Federal system (welfare, military, bureacracy) and foreigners (which unsurprisingly the Federal bureaucracy serves much of the time), as well as the trade system that acts as the intermediary supply lines between them.

            Seriously, what value does the Dollar have if Americans aren’t using it – and as a result, it cannot buy American assets?

            Do you understand why the Dollar debt has – by nature – limited effect on independent Americans?

            Do you understand why the Dollar debt and Dollar Diplomacy has the most effect on dependent Americans (Leftists) and countries like Japan and China who would starve to death if the US Navy did something minor like… oh….. plant a Carrier Battle Group in the Bay of Bengal and stopped all oil-tankers from delivering oil to those countries?

            (That’s another “Sword of Damocles” btw, which means it probably wouldn’t happen, because it wouldn’t NEED to happen. Everyone understands the US Navy has this relatively prosaic capability. Now, consider: How is anyone going to stop Americans from pumping oil out of Pennsylvania? Not even Obama could do it because the Pennsylvanians ultimately have their own Sword of Damocles – or maybe, “Guns of Damocles”)

          2. Agree with owg, spending does matter, and there must be a ( gradual ) reduction of the deficit, by fiscal restraint, and simultaneously, growth in the economy. The key is to not have any recessions like the one the Clinton Bush Obama Nexis inflicted on the United States. That is entirely doable with a President who has the integrity to fight the system, as Donald Trump has continuously done over the last three years.

        2. “It’s ultimately about “Faith”.”

          Sounds like a passage from the turdo school of economics.

          1. Your Faith that the Dollar can be redeemed for goods and services at face-value is just that – Faith.

            When you walk into a stranger’s shop or store and attempt to buy something with that Dollar, that store owner isn’t giving you his goods because he has Faith that YOU (or anything you do or make) have anything of value to him. He is putting his Faith in the Dollar, NOT YOU.

            Another way of putting it is that it is a displacement of risk in the risk-benefit analysis, one that is subsidized by the US government.

            However, there is another subset of [wealthy] business people who know that they want to do business with with People of quality – they put their Faith in these People and don’t need to focus as much on Dollar exchanges, leaving it it to accountants to measure the short-term dollar considerations, while knowing the long-term gains of gaining a real Asset that will hold value (actually, increase) better than the Dollar.

            We place our Faith in People.

            Wealthy People understand this.

            Poor people are the real moneygrubbers who always focus on being “rich”.

          2. Jamie….FAITH….thump thump thump…there’s your faith based nonsense. What Ryke is pointing out to you people is that there is NO inherent value to paper money, or and written contracts for that matter, it/they all based on faith, if no one honours the contract or money, they are only good to start fires or wipe your A$$.

          3. It is Faith…how can it be otherwise..? Can’t eat a dollar bill, can only exchange it for goods….and ONLY if the one selling said goods, also has faith in its VALUE.

            The same goes for a silver Dollar or Gold Eagle.
            Although I have a lot more “FAITH” in them than a polymer bit of coloured material.

        3. Let me guess. You’ve never taken an economics course and your vast amount of knowledge was gained on the internet. You’ve conflated monetary and fiscal policy. The creation of money has nothing to do with the taxing, borrowing and spending of money by government. It is definitely possible for a government to have no debt or indeed a surplus. Everyone in the world loves the US dollar because it is largely free from politics and is shown repeatedly to be the best managed currency in the world or very close to best, not far behind the Swiss Franc. Go Federal Reserve.

  2. Wouldn’t it be awesome if ALL conservative leaders talked with conviction like that?

    Alas, we can’t even find ONE here in Canada. I think a monkey with strong conservative values would have been just as inspirational as Max was this past election.

    Of course, it doesn’t help that there is virtually NO method for strong conservatives to even get their message to the Canadian people without it first being thoroughly filtered and undermined by the liberal media.

    1. I recognized that the Conservative party was finished before the last election. I voted PPC to no success – in fact I was the only PPC voter in my district. I’m feeling discouraged and I believe that Canada is broken. The west truly is alienated from eastern Canada. We need a Trump or Canada is done. Stick a fork in it!

      My $0.02

      1. I would add my 0.02 in as well.
        Same predicament.
        No one I know of voted for Max cept m’self.
        CPC (as Kat says), did not speak for me…at all and they likely NEVER will, being totally commited to kissing leftist (_i_).

        Canada is broken and has been for decades. The power cabal that runs this country has zero incentive to make things fair or equitable…why the fk would they.??

        And Kenney is no friend nor saviour of Albertans. His constant big mouth blather will in the end come to nothing. Christ, he doesnt even have the BALLS to do some serious cutting to his governments biggest cost outlay:
        The PUBLIC SERVICE. Management & Unionized workers.

        A Pay Freeze ffs – Jesus H.!! 8 Months in – and SFA
        What a joke.

        As for the Donald – Awesome Speach – Awesome LEADERSHIP.!!

  3. “Every decision we make on taxes, trade, regulation, energy, immigration, education and more is focused on improving the lives of everyday Americans. Only when governments put their own citizens first will people be fully invested in their national futures.”

  4. “Today I urge other nations to follow our example and liberate your citizens from the crushing weight of bureaucracy.”

    Bureaucracy is the currency of technocrats and socialists. People ignore the effect of Trump eliminating regulations.

  5. World relations have always had a geopolitical foundation. In recent decades this reality has been derailed to an extent thru globalization. Globalization driven by businesses who could have their goods produced in cheap labor countries with guaranteed access to 1st world markets. Combine this with countries who used the WTO and currency manipulation for competitive advantage. China and the EU are classic examples.

    IMHO the Americans understood this was happening but Democrats and Republicans looked the other way for their own political interests. Global wealth redistribution, military alliances and unfortunately personal profit were all factors. POTUS Trump has called all these issues into focus and is demanding trade deals that benefit the USA. He is a major threat to many countries and business groups. If he survives 2020 his next 4 years will seriously change the global power structure.

    American national security no longer needs the web of alliances that have structured USA foreign policy since 1945.
    Military technology is global and specific. Declining demographics in 1st world economies and technological advances in manufacturing combined with AI will shrink global growth. Many countries will not have an answer on how lost revenue will be made up. Their social structures are based on continuing growth and it will not be there. IMHO the Americans have seen the writing on the wall and are well on the way to adjusting their economy to remain dominant. The world has a very rocky road ahead of it.

  6. Powerful speech because it’s all true. The US is not only booming, the benefits are being felt by the working class.

    The left pretends to care about the worker but they screw him at every turn.

    1. “The left pretends to care about the worker but they screw him at every turn.”

      The modern left certainly has abandoned the working class.

      The real working class that is. Not prosperous middle-class teachers and public servants pretending to be unionized working shlubs.

  7. They do not control him. They have tried all the levers that worked on everyone else for the past 100 years; they have not been able to GAIN control over him. It is that simple.

    He does not seek control that he does not require; no soft drink or drinking straw bans out of this guy.

    Simply allowing people to see and experience the difference between being left alone, and having every aspect of their lives regulated, is the most dangerous thing any US president has ever done.

    You can vote for regulations on what you drive, where you live, what you say, what you think, what you eat, whom you date, a penis in every locker room, … or you can vote for Trump. Pretty simple choice.

    1. “…You can vote for regulations on what you drive, where you live, what you say, what you think, what you eat, whom you date, a penis in every locker room, … or you can vote for Trump. Pretty simple choice….”

      That we would have such a Choice here. We actually do, but far far too many buy into the Socialist and pervasive bullshit that our culture is seemingly drenched with. How sad.

      Where I in my 20’s…?? I sure as shit would be looking to permanently move to the US.

  8. It gives me an idea for a Donald Trump campaign T-shirt.

    “He doesn’t care if you have a Big Gulp. Trump 2020”

    1. “He doesn’t care what drinking straw you use. Trump 2020”

      Just put on this shirt, and go stand beside the entirely inadequate good for only 0.5 sip cardboard straws that any virtue signalling business uses…

  9. The local Irving mouthpiece for the Liberals (another bought and paid for newspaper chain) ran a headline article from their favourite feed, the Washington Post. The tramp who wrote it, was so full of TDS that her rant about this speech was hateful and noxious it should never have been printed. Of course Canadians will lap up that anti trump BS because they can’t be bothered to see what he really said and they like having their world view spoon fed to them from Liberal talking points willingly parroted by a compromised media.

    1. Most of Upper and Lower Canada is genetically predisposed to Anti-Americanism.

      With Trump in the WH…that “distastes is on steroids.

  10. We should be reminding liberals and socialists about all of their failed predictions.
    Where is World War 3?
    Why hasn’t Trump destroyed the economy?

    1. – And why isn’t New York City underwater, as Lyin’ Al Gore promised it would be by summer 2018? Honestly, I’d be okay with it if it was, I think it’d be an improvement. But if the U.N. IPCC still wants that $122 trillion from us to save the Earth, they’d better start being a little more accurate with their climate-catastrophe predictions!

      1. Since everyone seems to believe we will be inundated by the flood, isn’t the simple answer to not allow building within the range of maximum tidal surge plus a meter or two? That should have always been the standard. Instead of diking Manhattan, build it up a meter or two. That should be good for 1,000 to 2,000 years at the present rate of sea level increase. Regardless, one day a tsunami is going to roll into New York or LA and kill a million people. It has been 100 million years or more since a tsunami has hit Alberta.

  11. Such words are lost on mindless empty head communist enabling leaders like Trudeau. “Achieving Energy Security” from tyrants, “Saving Taxpayer’s Families” thousands every year, “Proper Management” of areas like forestry go in one ear and out the other without even leaving the ring of an echo. Common sense solutions to important issues have no place where elitists already know the answer they need: how to stuff individual rights and freedoms back in the box, lock it and dump it in the Pacific somewhere over the Mariana Trench. Almost everyone attending Davos hates Trump, those who support him and the ideas he speaks. And outside of Greta the Sour Grape nobody else there is drinking through a virtuous icky tasting limp paper straw. Power thirsty tyrannical hypocrites the whole lot!

  12. This is all good.
    There is the actual, real danger that the mass media cartel will forcefully interpret this as Nazi, it being National Socialism.
    While not actually believing their own propaganda, watch them spin and spin until they persuade themselves that what they are saying and printing is true.

    When you watch the snippets of the mass media cartel saying on every channel the same meme as though coming from the ministry of truth, its hard if impossible to think otherwise.

    While support for Trump is good, don’t make him into a saint to bow down in front of. If that happens, the whole deal collapses.
    Let his actions speak.

  13. I found the opening remarks very compelling. It is just the opposite of what is happening in Canada. Canadians need to wake up.
    Also leftist media reporting on this was the usual ” Trump lies”. Though in this case they could only come up with trivial points to complain about, not the gist of what he was saying. For example they take Trump to task for declaring he just completed the two biggest trade deals in history — then proceed to point out deals like the Eutopen Union being bigger that the US did not even participate in. This crap was coming from Business Insider. I think they do not realize that their whole approach to criticising everything Trump just destroyes their credibility. Who could take them seriously?

  14. Speaking of a “faith-based economy”:

    Some years ago I noticed little signs in several diners and other small businesses in Nevada, Arizona, etc.

    “In God we trust:
    All others pay cash”.

    For another perspective, see: Weimar Republic and the wheelbarrow.

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