By David Glenn Cox
This just in; Sir Isaac Newton of Wall Street has just discovered “gravity.” While lolling under a tree and daydreaming about doing away with all of those “Big Government” spending programs. He was suddenly struck on the head by the instant realization of $2,000,000,000 in unsold American commodities. “And I shall call it, the theory of gravity!”
Farmers across the Midwest cheer at their now blighted futures! Trump! Trump! Trump! Well maybe, just maybe some new customers will appear from out of nowhere or parts unknown and the price will stabilize and still be good. Now, if you operated container ships or port facilities which carry that two billion dollars of product. What is in the tea leaves for you? Many loads of product not shipped?
Just working with paper and pencil, some rough calculations show the King’s tariff program would be lucky to cover maybe two-thirds of the deficit on a good day. A deficit created by continuing welfare for the wealthy tax cuts. Or AKA, running the country on a credit card until the treasury is exhausted. Friday the Dow Jones Average lost 1%, and you can only do that 99 more times and that’s once. And they call it the theory of gravity!
The King bashes the Japanese Ambassador to his face and the future for Japanese investment in the United States looks like? More Toyotas and Hondas or fewer Toyotas and Hondas? The impact of a missing migrant workforce has yet to be felt but take a wild guess! Come on, guess. Gee? Boeing or Airbus, what’s a foreign country like Canada or any other sane place in the world going to decide? US grain or Argentina, what to do? It’s so hard to choose. We have got the world’s best over the hill con man; I mean salesman in the world as our spokesman. And the King will do for our overseas markets what Pauly Shore has done for the enduring luster of American cinema.
We are still in the appeasement phase, wait until those hard feelings set up like concrete. When our allies begin to filter the actual intelligence sent to us and distrust what we send them. When Government agencies become mistrustful of moles and stoolies and each other. For many years, I’d pour over piles of government bids and say. “Nope!” Way too much trouble! You might make a dollar, but you will earn it. Now add in another layer of nonsense with the fear the contract could evaporate at any second. Will I bid on that program? And get stuck with all that inventory?
It is a brick wall for the economy; dead ahead with their foot jammed on the accelerator. We’re going to drill, drill, drill! But with reduced economic activity and the low, low price, not for very long. But thankfully, the oil companies can take all their losses from the tariffs and spread them across the whole market and the price won’t go down at all hardly! They can actually make money! Except for the reduced activity and what they can’t take off on their taxes.
Back when Ahnold was Governor of California and was still busy impregnating the help. Sacramento was an economic bright spot, while the rest of the state languished in the economic doldrums. Ahnold instituted mandatory state-wide spending cuts. And in just no time at all, Sacramento was also in the doldrums. Gee, if we stop buying stuff, I bet they’ll go right out of business. Then we pay more buying it from somebody else. Spending cuts only work to cut spending, while sometimes creating more problems than they solve.
The Germans and the Japanese and Koreans will probably take the King’s sage advice and shift their production towards home. Besides, they aren’t selling cars here like you used to anymore. Too expensive as American companies raise their prices to just $500 under the imports. To cover their lost volume.
Tax credits for electric vehicles? (yeah sure) That’s why I was always fearful of stocking up on inventory dependent on a government contract or program. The factory won’t take them back, they’re yours! If you can’t sell those electric cars for any reason, it’s a personal problem and you only get to be wrong once!
It is difficult to see how we can prosper economically as a nation while flipping off our customers. It’s not a case of selling what no one else has available. By cutting the legs out from under USAID we cut the legs from under US commodity prices while glutting the market. Farmers go broke land goes fallow. When enough chickens die the farmer goes out of business. [SEE: Carroll Shelby]
Thousands of tons of commodities wait on US docks for shipment. “Let them eat cake!” This is our new American image, tough and mean. We’re nobody’s sweetheart! We don’t pass out food aid any more. Get a job Hippie! Let them babies starve! Even if it helps us at home to feed them! They don’t like us much anyway so, fuck em! It’s just like Jesus used to always say, “Kiss my ass or get lost!”
Isolationism 2025! Just as Orwell had predicted, North America (US, Canada, Mexico) vs. Oceania vs. Eurasia. Trading blocs fighting perpetual wars, economic and otherwise. All dependent on the supremacy of US weaponry in a strictly enforced in a Pax Americana.
Dr. Lengyel was sent to Auschwitz for using non-German pharmaceuticals. A crime in the third Reich. What is wrong with using German pharmaceuticals Herr, doctor? The only possible reason for not to using German pharmaceuticals was somehow not liking the German Government. Are you one of those subversives? Do you want a Chevy or a Honda? What? I couldn’t hear you. Say it again for the camera.
“The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism -- ownership of government by an individual, by a group, or by any other controlling private power.... Among us today a concentration of private power without equal in history is growing.”
― Franklin Delano Roosevelt
