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Trump on Trade ... Stupidity and Childish Continue


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#521 andydp

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Posted 13 May 2020 - 11:40 AM

Why Trump Is Desperate To Secure This Rare Metal

While the pandemic tanks oil and gas, decimating demand, and even precious metals aren’t feeling the safe-haven love they’re used to, critical minerals have become the holy grail, and one, in particular, could become the post-pandemic tech gold.
Oil prices are still free-falling, even after an OPEC+ deal ended the oil price war.
Gold prices are up 7% so far in April, but it’s still nothing for the once-favored safe-haven asset, and UBS expects a reversal soon.
Critical metals, on the other hand, will inform world technological superiority, and when the dust settles on the coronavirus pandemic, the battle for world domination will continue with a fury like never before, spurred on by national security interests.
But one of these metals is so critical, and so rare, that it’s very hard to put a price on it.
That metal is cesium, and it’s essential to America’s quest to win the 5G race--the No. 1 most important global competition so far this century.
Yet, America has none.

That fact makes one particular junior miner--Power Metals (TSXV:PWM,OTC:PWRMF)--potentially one of the most critical companies in this space to emerge from the COVID-19 crash.

Why? Because it just started drilling in February for the only potential cesium mine that China doesn’t already control.

In August 2018, while exploring for lithium, PowerMetals discovered pegmatites at West Joe Dyke (In Canada) and intersecting high-grade cesium mineralization in six drill holes.



https://oilprice.com...2wwtykat1Ekd0aA
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If you've got public schools paid for by taxpayers, you're in a socialist nation. If you have public roads paid for by taxpayers, socialist nation. If you've got public defense (police, fire, military, coast guard) paid for by tax dollars, socialist nation. If you're in a nation that has nationalized or localized delivery of services that are not paid for by users alone, you're in a socialist nation- the only question is how socialist. As I see it, we pay the military pay to protect the shipping lanes for our fuel needs which makes us very socialist. In a capitalist nation, the people supplying the oil would pay for their own defense force.
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"I can't go out because of the virus" sounds whiny and boring. I'm going with: "I've sworn an oath of solitude until the pestilence is purged from the lands." because it sounds more valiant and heroic. As a bonus, people might think you're carrying a sword.

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Its theorized if you put enough monkeys together with typewriters, eventually they'll write Shakespeare. But first, they write Trump speeches.

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I get it. They had a guy ratf**k the post office. They filled the courts with hacks. They spent a ton of money. They filed so many lawsuits. They even started a riot ! It’s so unfair that they went to all that trouble and still lost. Anonymous

#522 LFC

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Posted 04 August 2020 - 11:11 AM

With the election just 90 days away Trump and his minions are desperate for win, ANY win. Sounds like that may mean completely blowing up his entire China trade "strategy" I guess so he can look "tough."

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President Donald Trump bet the house that getting a sweetheart trade deal with the Chinese government would boost the American economy and his electoral odds before the election. Now, with that election less than 100 days away, some members of his inner circle are pushing him to make a new bet: that he’ll win if he blows it all up.

Four people with knowledge of the situation tell The Daily Beast that in the past three weeks, an internal campaign has intensified within the Trump administration to convince the president to nuke the China trade deal—an international agreement that Trump has considered a crowning, legacy-defining process of his first term in office.

These efforts in the administration have been spearheaded by a variety of political aides, economic and policy advisers, and President Trump’s perennial China hawks, including White House trade adviser Peter Navarro. Some of these officials have taken to showing Trump printed data, pictures, and charts that they claim demonstrate how China still is not buying American goods at a level high enough to satisfy the president’s aims.

But as part of their pitch, these senior officials have also increasingly insisted to Trump that he and the United States are still being “ripped off” by the Chinese government on trade—much in the same way, they argue, that Trump’s predecessors, Barack Obama and George W. Bush, were taken advantage of. The reference to the two prior presidents is strategic, as Trump regularly rips both men as “weak” and “stupid” on China matters. The thinking goes that he will recoil at being compared to them.

Currently, trade talks between the Chinese and U.S. governments have hit a perilous patch, in large part due to the global coronavirus pandemic. The “Phase Two” stage of negotiations, meant to build off of the initial deal, have stalled, with Trump telling CBS News last month that he was “not interested right now in talking to China [about Phase Two].”

" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

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#523 D. C. Sessions

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Posted 04 August 2020 - 11:51 AM

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President Donald Trump bet the house that getting a sweetheart trade deal with the Chinese government would boost the American economy and his electoral odds before the election. Now, with that election less than 100 days away, some members of his inner circle are pushing him to make a new bet: that he’ll win if he blows it all up.

How many of them are going with McConnell's bet that Trump is going to lose so the worse things are next year the better the chances are for a 2010/2014 type comeback because the damage Republicans do today will be blamed on Biden after the election?
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#524 LFC

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Posted 25 March 2021 - 03:07 PM

When Trump destroyed a chunk of our agricultural sector with his "easy to win" trade war his bailout money was handed out in a completely Republican way. Blacks were thrown scraps and the largest farmers, the ones who might actually have money to weather Trump's stupid-storm, got the lion's share.

Quote

Agriculture Secretary Tom Vilsack told the Washington Post that the Trump administration gave only a tiny slice of the funds from its Coronavirus Food Assistance Program (CFAP) to Black farmers.

“We saw 99 percent of the money going to white farmers and one percent going to socially disadvantaged farmers,” Vilsack said. “And if you break that down to how much went to Black farmers, it’s 0.1 percent.”

“Look at it another way: The top 10 percent of farmers in the country received 60 percent of the value of the COVID payments,” he added. “And the bottom 10 percent received 0.26 percent.”

In hard numbers, out of the nearly $26 billion the previous administration awarded to farmers, only $20.8 million went to Black farmers, according to Vilsack.

Meanwhile, Black Americans were (and still are) suffering disproportionate economic hardships caused by the pandemic.

The Biden administration’s newly passed American Rescue Plan includes relief funds aiming to fix the disparity between Black and white farmers. The Post reports that about half of the legislation’s $10.4 billion agriculture funds will go to disadvantaged farmers, a quarter of whom are Black.

" 'Individual conscience' means that women only get contraceptives if their employers, their physicians, their pharmacists, their husbands and/or fathers, pastors, and possibly their mayors, Governors, State Secretaries of Health, Congressmen, Senators, and President all agree that in that particular case they're justifiable." --D.C. Sessions

"That's the problem with being implacable foes - no one has any incentive to treat you as anything more than an obstacle to be overcome."

"The 'Road to Serfdom' is really all right turns." --Progressive Whisperer

""The GOP ... where every accusation is also a confession." --Progressive Whisperer





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