Free Trade Archives - Granite Grok

Free Trade

US vs China trade war

Data Point – I would say that it looks like China is losing the trade war

First point: U.S. trade deficit falls 7.6% in October to 16-month low on decline in Chinese imports. (12/5/19) Second point: US – China Trade War: Chinese Exports To US Fall 23% Amid Tensions Between Washington, Beijing. (12/10/19) Third point: Chinese official says Beijing wants US trade deal ASAP. (12/10/19) Fourth Point:  Firms Withdraw From China …

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Stock Market Down 600 Points … DemocRATS to Blame …

So the Dow Jones dropped over 600 points on Friday after Fascist China announced it would increase tariffs on $75 billion of United States goods, and President Trump said he would respond in kind. The press, including Fox, have been calling the trade issues between Fascist China and the United State’s “Trump’s trade-war.” But Fascist …

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Koch Brothers (Americans for Prosperity) to Support Democrats in 2020 …

From the Washington Examiner: The influential Koch network is open to backing Democrats in the 2020 election cycle. A memo from Emily Seidel, the CEO of Americans for Prosperity, the Koch brothers’ political organization, said the group would “support the primary election of lawmakers, regardless of political party, who stick their necks out to lead diverse …

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Underreported story of the week: American-Mexican bilateral trade deal

“…Both the U.S. and Mexico have removed trade barriers, eliminated tariffs and subsidies…” My, my – it looks like the use of tariffs as an economic tool (when wielded correctly) is actually having a positive result.  As a Free Trader, if nationally based and anti-free trade tariffs and subsidies are eliminated, this can only be …

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G7 Shakedown – Trump Drops Truth Bomb About Trade. Everyone Loses Their Mind.

Mike teased Trump’s realignment at the G7 Summit here which the media has (naturally) decided to sell it as a G6 versus the Trump Ogre. The world aligning against their oafish nemesis. That tells us a lot about the media and their abhorrence of the Make America Great Again Culture that put Trump in Office. …

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Data Point – Free Trade effect on Economy, Hunger, Environment

“Contrary to the claims that “unfair” foreign competition hurts the jobs at home, the unemployment rate actually fares better in times of higher trade deficits. Bryan Riley and former Ambassador Terry Miller provide further clarification:  When the trade deficit increases, the unemployment rate decreases, and vice versa. For example, in 2009, the U.S. trade deficit …

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On An Otherwise Slow Saturday…

The Red Sox have announced a 262.5 million dollar trade with the LA Dodgers that will unload, Crawford, Gonzales, Beckett and Punto. the Red Sox will send Adrian Gonzalez, Carl Crawford, Josh Beckett, Nick Punto and the combined $262.5 million remaining on their contracts to Los Angeles for top pitching prospects Allen Webster and Rubby …

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What Would Carol SEIU-Porter Do? (WWCSPD?) -Panama Edition

But back in the day when the Democrats controlled all of the Federal government, and Republicans we were told were destined for the dustbin of history, Carol–who get’s most of her funding from Unions and Union funded Democrat Leadership PAC’s,–believed what she was told by Nancy Pelosi, in direct opposition to the obvious.

Bernanke’s Bender

Bernanke, who sources confirmed was “totally sloshed,” arrived at the drinking establishment at approximately 5:30 p.m., ensconced himself upon a bar stool, and consumed several bottles of Miller High Life and a half-dozen shots of whiskey while loudly proclaiming to any patron who would listen that the economic outlook was “pretty goddamned awful if you want the God’s honest truth.”