Is Trump Turning America’s Economy into CHINA’S?!
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Donald Trump chops off Adam Smith’s invisible hand. Yeah, good old wealth of nations right there. Free market, capitalism. But again, we’re supposed to prefer that here in the United States. And correct me if I’m wrong, last time I looked around, we built up a lot of wealth in this country, for a fairly new country, 250 years in.
We’ve been kind of killing it quite frankly. Yeah, we’ve had our stumbles and whatnot, but We’ve been doing pretty well and Adam Smith and Smith the invisible hand of the free market Bit of a guide into how we did things how we how we do things what we how we used to do things here in the United States nine more Revenue sharing
agreements with Nvidia, basically stealing a 10 % stake in Intel because that’s what it was. You just stole 10 % as mafioso ask. mean, it really is no other way to put it. Loyalty system for US companies. Partial control golden shares US Steel. I can go on. But this is this is where we’re at right now.
And quite frankly, it’s not a good place to be in. I’m pretty disturbed by this and I’m not the only one. I’m not the only Again, I open up my mouth. Few others have as well, but a lot of people run scared of the president at this point in time. Again, we are becoming like China. Becoming like
China. Think about this. You had the CEO of Intel that Donald Trump basically threatened his job, gets him, and he actually said it. He walked in wanting to keep his job and he ended up giving us 10 billion for the United States.
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Again, I am
You know, it’s funny. It’s, you know, it’s like, I keep thinking of Goodfellas there when Paulie, you know, Paulie ends up becoming part owner of the restaurant there because they want to collect and he ends up running the thing into the ground. you know, again, they took their money out of it the illegal way. And I don’t know if that’s going to be the same here. But it that long ago where again, Donald Trump, Wall Street Journal, he pointed this out today, calling Kamala Harris a socialist.
hate to break it, that the Biden-Harris administration didn’t nationalize any companies. They didn’t nationalize any companies. Again, they did. They did propose allowing the government to claw back some of the chips money when they made excess profits. Who knows that if that would have ever happened in the first place, probably kind of doubt it either way, unless it was for some political stunt at some point in time. I had
huge problem with the Chips Act. It was terrible. You actually had defenders of the Chips Act take to the Wall Street Journal today as well, writing an op-ed piece, basically lauding the Chips Act, even though it’s garbage, and basically going after the fact that the government is looking to take a, well, looking to, has taken a stake in this thing. It’s…
It needs to die. Again, companies need to die when they no longer serve their purpose. Before Trump was doing this, I I warned about this in the 1990s, a great example of everything that took place with the Asian financial crisis. You take a look at Japan and their lack, quite frankly, their lack of growth.
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for decades now and how the Chable works over there and family-friendly businesses and they don’t let companies die. Zombie nation. have zombie companies. Intel for all intents and purposes is a zombie company. Trump boasted today that I will make deals like that for our country all day long.
He said stupid people are upset with the move that he said will bring more money and jobs to the US. I will also help those companies that make such lucrative deals with the United States. I love seeing their stock price go up making the US richer and richer. More jobs for America. Who wouldn’t want to make deals like that? Again, spoken, honestly spoken like a…
Socialist dictator you’re gonna run the showman You’re gonna you’re gonna run this out there you’re gonna start forcing companies now to do business with Intel That that’s that’s how we’re run the country now Did you people understand that? What could happen now What could happen now with Democrats getting in power? Oh, yeah forcing you to do this green energy thing or do whatever it may be Do you know what a screwed up?
This is a way that I’ve equated it in the past. Again, you wouldn’t want the New York Yankees to be the guys, you know, basically owning all of the umpires.
The government’s job is to stay out of the way, not to get involved. could have written something about this for crying out loud. Again, I’m sorry, but I’m real upset about this, and you should be too. Quite frankly, they call it Republican Party. It’s not conservative. It’s something completely different.
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It is something completely different, something completely foreign to this country. I’ve heard people say, well, it’s similar to the financial crisis when, you know, the government took a stake in AIG. Yeah, this is not a crisis, nor did I like the fact that they took a stake in AIG or helped out any of these big banks for crying out loud. They’re all too big to fail now.
That’s supposedly good. How many small banks, don’t believe me, look it up, how many small banks have gone under since the financiers? That’s what’s gone under, just said, you know what? We can’t do it, we can’t compete. Can’t compete with the big guys. They’re all tied into the government at this point in time, so they sold themselves on the cheap to the big guys to get out. Because they couldn’t. That’s actually good. How do you compete with too big to fail? How do you compete?
with Intel when the president of United States, a guy has got nuclear weapons, has got a 10 % share in that company. You don’t see any sort of moral hazard here, you MAGA types. You don’t see a problem with this at all.
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Again, I’m sorry, okay? If it was Joe Biden, if it was Barack Obama, I don’t care who, what are the Democrats, let’s say that they were taking a stake in some windmill manufacturer, even into, it doesn’t make any difference. Your underwear would be in a bunch, but that the cowards that we have, again, outside of a couple.
Outside of like the Rand Pauls and the Thomas Masses out there, Republicans don’t even criticize. They don’t. They try to talk around it at this point in time because they’re afraid. Again, don’t… Am I gonna show up to vote for any of these? No. I’m not gonna waste my time.
I know plenty of us saying the same thing. Why am I gonna even go, these guys are be up for your lecture. The socialists are gonna win. What are you talking about? What do you think this is? It’s the same shit.
I’m gonna waste my time and go for what? Yeah, if I could vote for DeSantis or some people, if I could vote for Thomas Massey, I don’t live in his district, I’d vote for him. Vote for Rand Paul, I don’t live in state of Kentucky, can’t vote for him. Who am I gonna vote for?
saying people that are keeping their mouths shut right now?
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Again, it’s pathetic, quite frankly, it really is. The moral hazard that we have just taken on, I cannot overstate this. bueno. Watchdog on wallstreet.com.