Thursday, 1 December 2016


"Those who voted for Trump have bought the Brooklyn Bridge from a hustler."

Trump Supporters: Be Prepared To Be Disappointed.

Trump's aim is to make the rich richer.

Trump's advisory team "is packed to bursting with hedge fund managers, real estate investors, and bankers."

Who will be on Trump's economic team? - BBC News

Steven Mnuchin, who could be Trump's Treasury Secretary.

1. Former Goldman Sachs executive Steve Mnuchin could be Trump's Treasury Secretary.

Mnuchin has connections to Hollywood.

Thomas Barrack (left) with movie producer Harvey Weinstein.

2. Thomas Barrack is another candidate for Treasury Secretary.

Barrack runs a real estate investment company whose assets include Michael Jackson's Neverland ranch.

Barrack has connections to Hollywood

John A. Paulson - hedge fund billionaire.

3. John Paulson, the Wall Street hedge fund billionaire, is another candidate for Treasury Secretary.

Billionaire investor Wilbur Ross.

4. Wilbur Ross  could be Trump's Commerce Secretary.

Billionaire Wilbur Ross made his money working for the Rothschilds.

Steel executive Daniel DiMicco.

5. Dan DiMicco could become trump's trade negotiator.

He is executive chairman of the Nucor Corporation, which is "union-free".

The manufacturing jobs Trump pledges to bring back have disappeared largely because of automation.

Tough reality check for Trump's pledge of better heartland jobs, wages - Reuters‎

"Without the sort of tax and redistribution policies Republicans have traditionally opposed, Trump may struggle to make good on his promise to help those left behind in the global economy, economists who study inequality trends say."

Tough reality check for Trump's pledge of better heartland jobs, wages - Reuters‎

"Under Obama, after tax income for the bottom fifth of households did increase by about 18 percent, or $2,200, according to a recent Council of Economic Advisers study.

"But that was made possible by higher taxes on the wealthy, more benefitsfor the poor and, in large part, by an estimated $1,900 gain from health coverage extended under the Affordable Care Act.

"Trump has vowed to roll Obamacare back."

Tough reality check for Trump's pledge of better heartland jobs, wages - Reuters‎

Economists say that even if economic growth accelerates under Trump, it may not do much to counter the downward pressures on wages and middle income jobs from automation, technology and other longstanding trends.

Tough reality check for Trump's pledge of better heartland jobs, wages - Reuters‎

Hary Tanoe

Trump is a Globalist?

Shares of Indonesian companies controlled by Donald Trump's hotel business partner, Indonesian tycoon Hary Tanoesoedibjo, surged on 11 9 2016.

Trump has a partnership with Tanoesoedibjo to manage hotels in the Indonesian island of Bali and in the West Java city of Bogor.

Shares of firms controlled by Trump's Indonesian business partner surge

Trump has been buying steel from China.

In recent construction projects, Trump bought his steel and aluminum from Chinese manufacturers rather than United States corporations based in states like Pennsylvania, Ohio, Michigan and Wisconsin.

Hopefully, Trump will not go to extremes.

"The two scariest words in economics are not (yet) Donald Trump. 

"They are Smoot-Hawley.

"I’m referring to the imposition by President Herbert Hoover of destructive tariffs on more than 20,000 imported goods in 1930, an act of madness that helped turn what should have been a short US recession into a worldwide, epoch-defining depression. 

"Trade fell by more than half as other countries retaliated with their own tariffs on American goods. Millions of jobs were annihilated.

"The tariffs, named after Senator Reed Smoot and Representative Willis C Hawley, were the single greatest economic blunder of all time and accelerated the march towards the Second World War."

If Trump means what he says on trade, we all face economic doom


Both Clinton and Trump have to face the fact that one of the USA's main economic problems is robots.

A new study from Oxford University shows that nearly half of the jobs in the USA are at risk of computerisation.

Robots will likely take over 47% of jobs in the USA.

New study shows nearly half of US jobs at risk of computerisation.

The study entitled: 'The Future of Employment' estimates that 47 percent of jobs in the US are 'at risk' of being automated in the next 20 years.

Will a robot take your job?.

"Our findings imply that as technology races ahead, low-skilled workers will move to tasks that are not susceptible to computerisation - i.e., tasks that required creative and social intelligence."

"For workers to win the race, however, they will have to acquire creative and social skills."

The US education system should turn out more entertainers, artists, news reporters, lawyers...

As the US population ages, it does not need lots of immigrants to do the jobs that robots can do.

The government may have to pay a universal basic income to those with no jobs.

Trump seems to have no clear answer to the problem of robots.

Trump says he is aware that one of the USA's main economic problems is the neglect of transport and other infrastructure, particularly in the poorer parts of the nation.

But, jobs building bridges and roads do come to an end once the projects are completed.

Six of the ten richest counties in America are in Virginia and Maryland, clustered around the Washington, D.C., metro area.

Six of the ten poorest counties in America are in Mississippi or Kentucky.

North Carolina will not prosper unless it has brilliant road and rail links to Washington and elsewhere.

Vermont lacks a major international airport.

70% of roads in some states are in poor or mediocre condition.

Poor states such Mississippi and Kentucky need big spending on roads, rail, schools and other infrastructure.

Trump's Republicans are opposed to higher taxes, so how is infrastructure to be improved?

Trump is going to have to increase the USA's debt.

Trump has to face the fact that one of the USA's main economic problems is inequality.

Warren Buffett says: "I was born in 1930. There's now six times as much real output per capita in the United States than there was, in real terms - six times."

"If you'd told my parents that under these circumstances, there would be millions and millions of people living in poverty, they would have said it was impossible."

Warren Buffett: Poverty In The U.S. 'Makes No Sense'

Trump plans big tax cuts for the rich.

Trump has so far released 3 contradictory tax plans

Military Spending.

Trump has to face the fact that one of the USA's main economic problems is spending too much money on the military.

Trump has called for a military spending increase.

Oxford Economics has found that if fully implemented, Trump's economic, tax and immigration policies would cost 4 million U.S. jobs, weigh down global growth and U.S. consumer spending, and could spark a trade war with other nations.

Trump's economic plans could cost U.S. loss of 4 million jobs ...

A boor.

David Stevenson writes that "Trump will be an utter disaster for investors..."

But, this will not happen in the first year.

Farage and Trump

How clever is Trump?

"Nigel Farage was overheard telling friends at the party's conference in Bournemouth last week: 'I would say at worst Trump is a boor,' before adding with a grin, 'actually he's a boor at best too!'"



1. Is Free Trade good or bad?

It depends.

Free trade deals help some and hurt others.

2. China?

3. Donald Trump told voters in Indiana that the US could not continue "to allow China to rape our country".

According to former UK cabinet minister John Redwood, Donald Trump is in favour of free trade.

Trump or Clinton? What would they mean for investors?.

4. Trump wants free trade agreements that allow US companies to take over the world.

Trump likes the fact that the United States records trade surpluses with, for example, Hong Kong, Netherlands and Australia.

Trump does not like the fact that the USA has a trade deficit with China.

5. A trade deficit can mean that a nation's wealthy citizens are so wealthy that they can afford to buy whatever good things that other nations have to offer.

Trump can buy whisky from the UK, perfumes from France, gems from India and toys from China.

The United States exports more than any country in the world, except China.

The USA's trade deficit is relatively small by world standards.

6. What about the The Trans-Pacific Partnership (TPP) free trade agreement, and the Trans-Atlantic Free Trade Agreement?

These will help certain big US businesses. But, some people will get hurt.

7. Trump says he wants more jobs for Americans.

Many jobs that have been lost "because of decreasing consumer demand in the U.S. and elsewhere, largely as a result of economic downturns like the 2008 crisis.

(The right wing elite have grabbed most of the money)

"That demand loss particularly impacted areas like cars, white goods, machine tools, and lots of other things that U.S. businesses and consumers alike tend to buy at home.

"Americans make 73% of what they buy here at home."

8. "Almost 90% of the decline in U.S. manufacturing jobs between 2000 and 2010 was caused by the introduction of robots and computers."

Almost Everything Trump Says

Is Trump going to ban robots and computers?

9. Donald Trump  promises to force Apple Inc. to manufacture in the United States.

If Apple makes its stuff in the USA, then either it pays wages as low as those in China, or it finds it cannot compete with Samsung and other rivals.

If US firms are going to pay lower wages, that does not help the retail industry.

An Apple video iPod assembled in China sells for roughly $300 in the United States.

Very little of that $300 goes to the Chinese firms.

"The Chinese get only about six bucksworth of value from the item’s assembly and shipment. Meanwhile, the U.S.-based Apple and its affiliates get hundreds of dollars from an iPhone’s final U.S. sale (for things like design, marketing, and even some manufacturing)."

Almost Everything Trump Says

10. Modern manufactured goods, such as Boeing 787s, are usually made from components from different parts of the world.

Boeing's 787, has a fuselage made in Italy, engines made in the United Kingdom, passenger doors made in France, cargo doors made in Sweden, landing gear doors made in Canada and wing tips made in South Korea.

Trump could force Boeing to have all the parts made in the USA.

11. But such a policy of 'Protectionism' has its risks.

So, Trump has to be careful that he does not bring about a Great Depression.

12. Yes, too many jobs have been offshored, but Trump may not realise how complicated matters are.

There are good reasons why Coca Cola has bottling plants all around the world.

The main problem is that "We have socialism for the richcrony capitalism, fascismkleptocracyoligarchy or banana republic style corruption." - Washington's Blog

13. Trump should advocate raising taxes on the rich, cutting military expenditure and investing heavily in infrastructure.

Ivanka Trump

14. The US election was probably decided on the issue of the economy.

 "The US economy died ... when the financial system was deregulated."

The Us Economy Has Not Recovered and Will Not Recover - Paul Craig Roberts‎

15. Bernie Sanders believes that free trade agreements like NAFTAPermanent Normal Trade Relations with China, and the U.S.-Korea Free Trade Agreement have allowed too many American jobs to move overseas.

Bernie Sanders.

170 top economists have endorsed Bernie Sanders' platform regarding Wall Street, signing a letter stating:

"The Senator is correct that the biggest banks must be broken up and that a new 21st Century Glass-Steagall Act, separating investment from commercial banking, must be enacted."

Economists Say.

Trump inherited a fortune. He would have made more money if he had invested it with businesses other than his own.

"We don't have free market capitalism anymore in the U.S. (and the big banks are largely responsible).
Ivanka Trump

16. "Thomas Piketty, perhaps the most influential economic thinker of the left in the Western world, is impressed by the rise of Sen. Bernie Sanders...

"Piketty ... sees Sanders ....leading the United States toward a possible return to the nation's pioneering 20th century experiments with extremely progressive taxation and social spending...

"Piketty points to the fact that, prior to Reagan, 20th century fiscal policy in the U.S. was aggressive in taxing the wealthy - much more so than the European counterparts...

"From 1930 to 1980 ... the rate for the highest U.S. income (over $1 million per year) was on average 82%...

"Those rates ... played a tremendous role in creating social equality and helped provide crucial government revenue for robust social programs..."

World's Most Famous Economist.

"Reagan ... lowered the rate for the highest incomes to 28%...

"'Sanders' success today shows that much of America is tired of rising inequality and these so-called political changes, and intends to revive both a progressive agenda and the American tradition of egalitarianism,' Piketty wrote.

World's Most Famous Economist.

17. Donald Trump does not want to ban credit default swaps or collateralized debt obligations.

Trump has said that the federal minimum wage should not be increased because wages are already too high.

Trump wants to abolish the estate tax (FDR’s oligarch tax).

Trump wants the top rate on income to fall from about 40% to 25%, 'meaning a tax bonanza for the rich and super-rich'.

Those in the top 0.1% would see their taxes reduced by an average of $1.3 million, or 19% of their after-tax-income.

Trump’s program would increase the federal deficit by just under $10 trillion in the first decade, and then by $15 trillion in the second decade.

Trump's Art - Posing as Reformer Without attacking Power

Barron Trump

The state of Texas has the largest number of people living in districts that are severely distressed economically.

Wealth And Income Gap, By ZIP Code

One of Trump's homes.

"In the USA, the majority of those who receive some form of public assistance (medicaid or foodstamps) have jobs ... but they earn so little that they cannot make ends meet."

Web Site

The USA today.

Donald Trump wants to keep wages down, while reducing taxes on the rich, and spending more on the military.

Trump has a home in Manhattan "designed to evoke the Palace of Versailles ...

"It boasts a cavernous hall of mirrors, acres of marble set off by ‘24-carat gold and diamond accents’, and ceilings hand-painted with cherubs and scenes from Greek myths."

Jesus loves rich guys?

"Trump also owns Seven Springs, a huge mansion outside New York in the upmarket hamlet of Bedford, which boasts 60 rooms, two servants’ wings, 15 bedrooms, three swimming pools and 230 acres of land.

"There’s another mansion in rural Virginia, a huge house on Rodeo Drive in Beverly Hills and a vast waterside pile at Mar-a-Lago in Palm Beach, Florida."


Mrs Trump

"Numerous reports released during the first two months of 2016 document the staggering dimensions of the social crisis facing working people in the United States. 

"A majority of Americans have too little savings to pay for an emergency expense of $1,000. One in four US adults is burdened by debts caused by medical expenses.

"More than one million working people are being cut off food stamps.

"One million retirees face pension cuts dictated by the Obama administration."

Web Site

Both Hillary Clinton and Donald Trump are wealthy members of The Establishment.

Donald trump is "like every other corporate tyrant in that his solution to most things follows the logic of Stalin: no person, no problem. You're fired!

"Except as president he'd have other people-removing options, all of which he likes: torture, mass deportations, the banning of 23 percent of the Earth's population from entering the United States, etc.

"Donald Trump is no ordinary con man. He's way above average."

Donald trump wants tax cuts that could reduce government revenues by $15 trillion over ten years.

With Trump as president, government debt could rise as high as 140% of GDP by 2026.

Donald ducks the big questions





  3. That is what i am afraid of.
    Thank you for making me believe i am not alone.
    The economy in Mass. is just fine
    It was fine under Clinton,then under Obama.
    Under Bush,everything tanked around here.
    I was afraid as a business man he would do the same thing.he likes to be on the top.
    If he generally wants to help all people,i hope i am wrong and he does really care.
    But if he is your typical business worm/tyrant.
    Then i am as concerned as your wonderful post pointed out.
    I hope you are wrong
    I hope my gut is wrong also,for i never liked the guy.
    When his pop culture show started airing and i watched a little,never reaaly cared.
    It is cuthroat ignorance.
    My dad,as a business man has listened to him,reading a book and i think attended one of his seminars.

    The reason,probably to hear a successful point of view.
    I am a bad salesworm,i struggle haggling at a yardsale or fleamarket if it is a good price.
    Sometimes i will act cut throat to feel the feeling,but i go back to
    If it is a deal,why bother playing that game.
    When i am a seller
    I price cheap to move it,then you learn they all have been brainwashed to haggle and insult in the name of the game.
    I let it go and smile and under my breathe i shake my head and can not believe,i had an item for a quarter,they said,take a dime
    hahahahah OK
    Enjoy ,your bargain
    Nice winter jacket for five dollars
    Will you take a buck?
    You just got the bargain of the day
    It was already a bargain but yeeeeehaaaaaaa
    You taught me the art of the haggle and must have learned from the masters.
    Sorry,i digress
    I hope your wrong
    I hope my gut on Drumph is wrong

  4. Christall clear article. Was it not JC/I who warned for the Synagogue Of Satan, the S.O.S.?

    The S.O.S. a psychopatic product of satanic rabbis who turn the s.o.s. flock into satanic rabbits who end up as satanic robots.

    All based on the child abuse/killing ('sacrifice')and eating on a massive scale for the last 2,5 Thousand years.

    Donald T. as well as Hillary C. contropo, controlled opposition.

  5. No Matter Who Won’ The 2016 Election Has Exposed A Terrible Truth

    That So Many Americans Would Vote For Hillary Clinton Is Shameful Beyond Description And A Stunning Humiliation
    The whole world is utterly shocked that nearly half of the
    American people would support such a career criminal,
    inveterate warmonger, pathological liar and criminally
    insane psychopath

  6. Jaime Dimon for Treasury.

    Absolutely the best & biggest irony of them all!

    For years I warned the crowd what loves to "hate the bankers" & the man from JPMorgan most among them - that all their fantasies of return to hard asset currencies, "END THE FED" and the rest -

    were managed and manipulated by the very same moneypower which they supposed themselves to be dead against. How they scoffed!

    With the success of the TRUMP DECEPTION now assured, we'll get to see it all hang out! Rule by GoldmanSachs/mossad, and the talmudization of an Amerika being gradually pauperized by the very forces which market themselves as wishing to "make America great again."

    Not much longer to wait now... before a true "iron curtain" descends upon all the surrendered satrapies of the west. Whose poor citizens are so outgunned in the information war waged against them as to be like lambs before lions.