Another one out – Cheers for Trump's handling of it

Published by carolyn on Tue, 2018-03-06 23:24

Gary Cohn at a World Economic Forum meeting Jan. 25 in Davos seated between President Trump and Prime Minister Benjamin Netanyahu of Israel. (AP Photo/Evan Vucci)

By Carolyn Yeager

BIG WALL STREET JEW GARY COHN ANNOUNCED TODAY HE WAS RESIGNING as Chief Econonic Advisor to President Donald Trump. Trump appeared non-plussed as he thanked Cohn for his “dedicated service to the American people” in a formal statement.

This is good news for those of us who want less Jewish influence in our government. Cohn was widely seen as part of a triumvirate of senior liberal Jewish advisors that includes daughter Ivanka and son-in-law Jared Kushner, both belonging to the orthodox Hasid community. Cohn's departure is expected to take place in about three weeks. Jared recently lost his top security clearance at the White House and he and Ivanka have been quiet lately.

The idea that any of these people (Jews) control Donald Trump is wishful thinking, or just an expression of anti-Trumpism. The imagined controllers include Israel's Netanyahu – who might be out of office himself sooner rather than later, if we're lucky. We're not guaranteed that Cohn won't be replaced by another Jew since they dominate economics and finance, but at least they know they're replaceable. Trump has been saying:

“There’ll be people — I’m not going to be specific — but there’ll be people that change. Sometimes they want to go out and do something else. But they all want to be in the White House. So many people want to come in. I have a choice of anybody. I could take any position in the West Wing, and I’ll have a choice of the 10 top people having to do with that position.”

I like tariffs too

It is widely thought that Trump's decision to impose tariffs on foreign steel and aluminum is the impetus for Cohn's decision to resign. I have liked Trump's call for steel and aluminum tariffs right from the beginning, and I'm disappointed in all the fear that is being expressed about it. I also like his subsequent threatening to impose tariffs on automobiles coming in from Germany and Japan. Why should everyone have free access to our markets? I do not fear a slight increase in prices for imported goods and I think the main selling point for 'free trade' - cheaper goods - is not something that makes our lives better. They touted that back in the 90's to sell the WTO and our lives have only gotten worse since then. Our country certainly has, in any case!

So I believe in protectionism, but what I don't trust are our politicians, most of whom are not patriots. The mid-term elections coming up are very important and we should all get out there and vote for patriots, which necessarily have to be Trump Republicans. Even if there are some things about them that we don't like, that is still the only viable choice we have right now. No one should wimp out, and we must do the best we can with what's available.

Charlottesville an unresolved issue

An unnamed Trump ally is reported to have called Cohn’s departure a defeat for the former Goldman Sachs executive, who, before breaking with Trump over Charlottesville last year, was said to be in the running to head the Federal Reserve or become White House chief of staff.

“The Swamp devours Wall Street’s golden boy Gary Cohn,” the Trump ally said in a text message., according to one source. “Didn’t become fed chair, didn’t become CoS (Chief of Staff), didn’t stop tariffs.”

Cohn was very close to resigning last summer when Trump refused to single out for condemnation white protesters in Charlottesville. Cohn reportedly wrote a letter of resignation but did not submit it. At the time. he told the Financial Times that citizens "standing up for equality and freedom can never be equated with white supremacists, neo-Nazis, and the KKK," adding that the administration "can and must do better in consistently and unequivocally condemning these groups."

That didn't happen and now we can celebrate our coming freedom from Gary Cohn.

Trump “likes conflict”

Hours before Cohn announced he was stepping down, Trump went on Twitter to deny the “new Fake News narrative” that there was chaos in the White House.

Donald J. Trump


The new Fake News narrative is that there is CHAOS in the White House. Wrong! People will always come & go, and I want strong dialogue before making a final decision. I still have some people that I want to change (always seeking perfection). There is no Chaos, only great Energy!

6:55 AM - Mar 6, 2018

In his joint press conference later in the day with visiting Prime Minister Stefan Löfven of Sweden, Trump said, “It’s tough, I like conflict, I like having two people with different points of view — and I certainly have that — and then I make a decision.” [It sounds to me like the way Adolf Hitler liked his government to function.] “But I like watching it, I like seeing it, and I think it’s the best way to go. Believe me, everyone wants to work in the White House,” Trump declared. “They all want a piece of that Oval Office, they want a piece of the West Wing. Not only in terms of it looks great on their résumé — it’s just a great place to work.”


The threat of Trump's tariffs is causing a stock market crash. Is he walking down the same path as President Herbert Hoover?
From a review of a recent biography of Hoover:

Hoover's biggest disaster was signing the Smoot-Hawley Tariff Act into law. It slapped new or higher taxes onto thousands of import items, precipitating a global trade war that sent economies around the world into a tailspin.


Hoover's desire to help American farmers, who were suffering from overproduction and inadequate commodity prices, started this hideous ball rolling. He thought that putting tariffs on imported commodities would help; however, Congress didn't stop there, and slapped new or higher levies on just about everything under the sun. The prospect of a sweeping, destructive tariff law sent the stock market crashing in the fall of 1929.


Whyte skillfully describes the legislative history of Smoot-Hawley and how Hoover lost control of the process. He could easily have vetoed the resulting monstrosity, yet despite the warnings of hundreds of noted economists, he signed the bill in June 1930. A global contraction began.

Hoover, in his way, helped bring Hitler to power:

Contrary to myth, Hoover was anything but a do-nothing president as the disaster unfolded. But he responded with a series of measures that either exacerbated the crisis or were ineffectual. Other countries were no better, enacting tax increases as their economies shrank. Germany, in particular, slapped on major hikes, deepening the slump and fueling the rapid rise of the Nazi party. Hoover followed suit with a massive tax boost that overnight raised the top income tax rate from 25% to 63% and hit numerous items with higher excise taxes.

Regardless, Hoover was a great man whose relief work after WWII helped save millions of Germans from death by starvation at the hands of the Allies, as chronicled in James Bacques 'Other Losses' (1997) - see chapter 7, 'The Victory of the Merciful'.

The prospect of a sweeping, destructive tariff law sent the stock market crashing in the fall of 1929.

This is what the Jews and Globalist Free Traders want us to believe.

They created the system and then tell us that if we try to change anything  about it, it will crash. It's their system!

Tusk, as European Council President, has pitted himself against U.S. President Trump on the tariff issue. Who do you think will win in such a squaring up?

Tusk says trade wars are "easy to lose," and that the EU would retaliate with peanut butter, orange juice and bourbon whiskey. The EU says US tariffs would put thousands of European jobs in jeopardy. Let me tell you about my experience with the EU and "tariffs."

In Dec. 2016 and again in Oct. 2017, I tried to send two different packages to a friend in Sweden, marked as a gift (first Christmas, then birthday). Both times, I filled out a detailed form and paid a generous customs fee as determined by the US Postal Service at my local Post Office. But when each package got to its destination, the Swedish authorities slapped a huge additional "customs" charge on it for the receipient to pay. It was over the equivalent of $200 US dollars the first time and over $100 US dollars the second time for a very small package, far more than the contents of the packages were valued at. Both times the recipient was unable to pay such an amount and the packages were returned to me. I was shocked and disgusted that this was how Sweden (an EU member) protects itself and its high product prices.

The EU is a communist-like organization and Trump is right to ignore what they say and how they howl. I'll bet on Donald Trump over Donald Tusk any day.

In Alan Watt's latest podcast from last Sunday, Alan told his listeners that if they want to send him a gift -- in Canada where he lives - just send it by normal U.S. Post and not use Fed Ex or DHL or any of these other companies that promise to expedite the package because these special delivery organizations work with the government to tack on custom fees.  He had to pay $50 to receive an unexpected gift from someone in the United States. He said if you use regular U.S. Postal service, the package arrives no slower than Fed Ex or DHL, and there's no customs fee attached.  Do you think this applies to Europe as well if it applies to Canada?  

He's basing this on one experience. Sounds like if you go to the USPS YOU pay a customs fee in advance to the receiving country, but with Fed Ex, the recipient has to pay one if it's required in his country (?). And Alan doesn't want to pay anything, so he's somewhat misleading his listeners.

The Post Office told me that sometimes the country you're sending to doesn't think the U.S. is charging enough,  and they tack on some more. I think it might depend on what the package contains, if it's something that is a lot cheaper in the sender's country. I think that's what Sweden is up to. WHICH IS SURE NOT FREE TRADE! I wish I could have told that to the Swedish Prime Minister in his press conference yesterday when he was extolling free trade.

Thanks, Carolyn, for your take on the matter.  I do remember -- though I didn't understand it -- that Alan said to put on the package how much the cost of the item you're shipping is.  Write $20 or $10.  It's perfectly legal, he said.  In that way, the government enforcing the customs tax can't make up a number to charge the receiver or the sender.  

I don't think you're getting it, Joey. It's Alan Watt who may be the cheater. I don't think the customs people in Canada or the EU are "cheating", but are following the rules they have made. As I said, if you're sending something new that is much cheaper in the U.S. than in the EU country, they will add custom fees accordingly. So putting a lower price on the package doesn't do a thing.

This is to prevent lots of people from having certain products mailed to them by friends or maybe agents in other countries, thereby PROTECTING those industries in their own country. That's why I likened it to protectionism. It would be nice if our PO could warn us about this before we send it. I had to learn the hard way that tobacco products are way more expensive in Sweden than in the US.

You're right, Carolyn.  I didn't get it.  I'm all for tariffs to protect the U.S. and its economy, and I get what you wrote when you said that Alan Watt doesn't like to pay for anything (I found your remark refreshing for its directness), but I didn't understand Watt as saying he wants to cheat the system when he spoke about these custom charges, but if the laws are such as you say, then he is trying to get others to cheat the system.  I didn't get that -- until now.  Thanks for loaning me your brains!  

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