Fake Prizes for Propaganda

In case you weren’t convinced that Nobel Prizes are just another fake Clown World propaganda prize, consider who was awarded the most recent not-Nobel for Economics:

Why Nations Fail was shortlisted for the Financial Times and Goldman Sachs business book of the year award 2012.

I read the book shortly after the publication since the authors spent quite some time analyzing China and contrasting with the US. I found they had very little original insights and merely recycled western stereotype caricature of China while their praise for the US somewhat unwarranted. I soon forgot the book.

If this is just another book that doesn’t age well, no one would have noticed, and I won’t be writing about it. After all, it’s par for the course for “social science” books to echo the ethos of the time when they were published. They are often dead wrong and people move on to the next shiny object.

However, 12 years after the publication of the book, the esteemed Nobel economics committee decided to award the authors the Nobel prize for this work.

So I re-read the book and did some research on what others thought about it when it first came out. I found my original impression of the book was validated and there were serious critiques, most presciently from Ron Unz of Unz Review. Let me dwell into this.

Robinson and Acemoglu analyzed the economic institutions and performance of numerous countries in the book. As the major economies of the world, China and the US were given special attention.

The authors used China and the US as the examples of what they characterized as “extractive” vs. “inclusive” systems.

They argued that China was destined to fail as it had an extractive economic system run by a venal, self serving elite. On the other hand, the US would win with its inclusive, democratic system run by rule of law, democratic check and balances, and broad citizen participation in decision making.

The Chinese system was described as closed from competition, incapable of innovation, and run by corrupt authoritarian leaders. Robinson and Acemoglu contended China’s economic performance to date (at the 2012 publication date), while impressive, was unsustainable and would falter.

They stated the US economic system thrived on creative destruction as the inclusive institutions encourage competition, reward innovation, and provide opportunities for new entrants into the market. The authors argued that the U.S.’s success was not due to geography, culture, or natural resources, but rather its inclusive institutions and an elite that work to advance the interests of the population.

13 years after the publication of the book, you have to wonder what planet Robinson and Acemoglu lived on when they wrote the book and what kind of ideological blindness has led the Nobel economics committee to award the prestigious prize to them.

Ironically, the only reason nations fail that is actually related to economics is if they are dumb enough to buy into free trade, and worse, open immigration. Women’s right and educating women are much more serious problems, as the collapsing birth rates everywhere from Japan and South Korea to Germany and Italy suffice to demonstrate.

But the thesis presented by Messrs. Daron Acemoglu, James Robinson, and Simon Johnson is so obviously irrelevant, especially in light of the fact that they couldn’t even correctly identify which nations are presently crippled by an “extractive system, run by a self-serving ruling elite”.

Then again, the fact that Paul Krugman, of all people, was awarded one of these prizes is sufficient to prove its worthlessness. That’s just embarrassing. If these awards were legitimate, Ian Fletcher, Steve Keen, and your favorite dark lord would have all won at least one.

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Europe is the Enemy

The God-Emperor 2.0 is threatening 200 percent tariffs on alchohol imports from Europe:

President Donald Trump is threatening a massive 200 percent tariff on champagne and wine from Europe in the latest escalation of a bitter trade war.

The president lashed out at the ‘nasty’ European Union after it announced tariff hikes on American imports in retaliation for Trump’s increases on steel and aluminum.

The tit-for-tat measures have raised the stakes in Trump’s ongoing trade war, sparking fears of a recession in the United States and a shock to the global economy.

In his latest salvo Trump threatened ‘a 200% Tariff on all wines, champagnes, & alcoholic products’ after the EU raised tariffs on American goods including whiskey. Many Republican states in the U.S. produce whiskey.

Writing on Truth Social, Trump said: ‘The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% Tariff on Whisky.

‘If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all wines, champagnes, & alcoholic products coming out of France and other E.U. represented countries. This will be great for the Wine and Champagne businesses in the U.S.’

Trump’s move would drastically raise the prices of European wine for Americans.

The president himself does not drink alcohol.

He’s not wrong about the EU’s protectionism, and this tariff would have a tremendous impact on European wine production, which is already suffering from a trade war between French and Spanish winemakers. I don’t see how the EU can even attempt to fight this, they’re just going to have to choose if they are content with domestic production or not.

I, for one, pledge to do my part to support Spanish and Italian winemakers. If I have to increase my wine consumption to make up for the loss of the US export market, so be it.

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Free Trade and Strategic Crisis

Big Serge has an excellent post on the history of naval warfare that happens to touch lightly on the strategic crisis facing the USA today with regards to the production of steel and the post-WWII lack of industrial capacity that has weakened the US military.

At the core of the great naval developments occurring around the turn of the 20th Century was a systematic erosion of Great Britain’s strategic position. This strategic decay was of course a multivariate process which included the emergence of new great powers like Germany, Japan, and the United States, and the evolving industrial dynamics of the world. At its heart, however, the problem was very simple: in the latter half of the 19th Century, industrial technologies began to diffuse from Great Britain to the rest of the great powers, to the effect that British supremacy in industry and critical military technologies became an open question.

A brief perusal of the relevant economic statistics betrays a clear and sustained erosion of British supremacy. In 1880, Britain still accounted for nearly a quarter of global manufacturing output and was by far the leading industrial nation of the world. By 1913, it had fallen in absolute terms well behind Germany and especially the United States, which now boasted nearly 2.5 times Britain’s output. Already by 1910, Britain (formerly the world’s premiere steelmaking nation) produced only half as much steel as Germany and barely a quarter of American steel output.

The immense economic advantages enjoyed by the United States need little enumeration. America occupies a uniquely providential economic geography, being blessed with a pair of accommodating seaboards saturated with natural harbors, an internal Mississippi waterway that is both dense and far reaching to accommodate internal trade, superb growing regions, peaceful borders, and ample deposits of virtually every mineral resource thinkable. In short, it is a country with bountiful mineral and agricultural resources, internal waterways for moving them about, harbors for exporting them abroad, and no meaningful security threats.

The German case, however, bears closer scrutiny. Whereas the United States was characterized by boundless space, free of meaningful external security threats, Germany was intensely bounded in the middle of Europe, birthed into a firestorm of potential enemies all around it. German economic might was little like the American story, characterized by the uninterrupted exploitation of a vast geographic bounty, and more the product of powerful and aggressive German institutions – both of corporations and the state.

The German population grew rapidly into the 20th Century (German birthrates were forever a point of hand wringing for the French). The German population grew from some 49 million in 1890 to 65 million by 1910 – an increase of 32%, compared to an increase of just 3% in France (from 38.3 to 39.5 million) and 20% in Britain (37.3 to 44.9 million). Simultaneously, the consolidation of an impressive educational apparatus ensured that this growing population was highly literate and productive. Around the turn of the century, many European armies still reported high levels of illiteracy among recruits. In Italy, some 33% of recruits were deemed illiterate: the corresponding figure was 22% in Austria-Hungary and 6.8% in France, but a mere 0.1% in Germany. The rapid growth of such a young and educated population benefited not just the German army, but also the burgeoning roster of German industrial enterprises like Krupp, Siemens, AEG, Bayer, and Hoechst. Such firms dominated the emerging 20th Century industries like chemicals, optics, and electrics, and the intensive adoption of agricultural modernization and chemical fertilizers made German agriculture the most productive in Europe on a per-hectare basis.

The explosion of two industrial powers who could not only compete but even outstrip Britain (and one of them right in the heart of Europe) could have no effect other than directly undermining Britain’s strategic position. Matters were made worse, however, but the proliferation of advanced naval technology around the world – in many cases directly abetted by British firms.

In 1864, British military leadership had made the fateful decision to keep artillery production in the hands of the state-owned Woolwich arsenal, despite the emergence of private industrial firms, like the Armstrong company, who were capable of making state of the art naval artillery. Cut out of British government contracts, this let manufacturers like Armstrong with no choice but to seek foreign buyers. When Armstrong built an armored cruiser – the O’Higgins – for the Chilean government, it set off serious alarm bells about the basis of British naval supremacy. The O’Higgins was fast enough to easily outrun any capital ship of the day, but her powerful 8 inch guns made her more than capable of sinking targets in the lower weight class. This suggested a distinctive use case as a commercial raider, able to evade enemy battleships while preying on merchants. Chile, of course, was hardly a rival to Great Britain, but Armstrong’s exploits did not end there. All told, Armstrong would build 84 warships for twelve different foreign governments between 1884 and 1914, and frequently supplied technical systems more advanced than those in use by the Royal Navy at the time – for example, the powerful main battery of the Russian cruiser Rurik, launched in 1890.

The prospect of fast cruisers – optimized for speed and striking power at the expense of armor – was particularly alarming to Britain owing to emerging patterns of agricultural production. The advent of efficient steamships had drastically lowered seaborne transportation costs – a fact that was of the first importance for Britain, as it allowed for the mass import of cheap grain from places like North America, Australia, and Argentina, at costs far below the levels at which British farms could compete. As a result, between 1872 and the end of the century wheat acreage in Great Britain dropped by about 50 percent, and already by the 1880’s some 65 percent of Britain’s grain was imported from overseas. The prospect of swift enemy cruisers capable of intercepting grain shipments while evading the British battle fleets now assumed a potentially existential importance, as for the first time in history London contemplated the possibility that the interdiction of its trade could bring the island to the brink of starvation.

This raised the possibility of a dangerous asymmetry: might it be possible to nullify Britain’s centuries-old naval supremacy without building competing battleships at all? French naval theorists certainly thought so, and it was proposed that France could out-lever Britain on the seas with a fleet comprised entirely of fast cruisers and torpedo boats. Such a program had the additional advantage of being very cheap, with dozens of torpedo boats available at the cost of a single armored battleship. This financial calculus was particularly important to France: after the disastrous defeat at the hands of the Prusso-Germans in 1870-71, it was natural that building out the army should be Paris’s primary concern. Therefore, a naval program that promised to outmaneuver the British without eating into funds for the army had irresistible allure. In 1881, the French allocated funds for 70 torpedo boats (halting the construction of armored battleships), and in 1886 the new Minister of Marine, Admiral Aube, launched a new building program for 100 additional torpedo boats and 14 swift cruisers designed to raid enemy shipping.

Taken together, the decay of Britain’s naval supremacy is easy to sketch out. Great Britain had become uniquely vulnerable to asymmetrical warfare at sea, owing to its growing dependence on imported grain, at the same time that technical changes in the form of the torpedo and the fast cruiser gave her enemies the potential to exploit this vulnerability. To make matters worse, the diffusion of the industrial revolution to continental Europe and the United States raised the prospect that Great Britain might no longer be able to simply out-build her enemies. In a sense, the comforting and familiar dynamic of the blockade was now reversed: instead of a powerful British battlefleet insulating the home islands from invasion and blockading enemy ports, the home islands now faced starvation at the hands of fast and cheap enemy raiding vessels armed with torpedoes and modern naval artillery.

The parallels of British decline and the subsequent US decline should be fairly obvious. As Admiral Mahan wrote in The Influence of Sea Power Upon the French Revolution, “we may profitably note that like conditions lead to like results.”

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Canada Folds

Sanity prevailed, as someone appears to have explained the tariff math to the Premier of Ontario:

Canada folded to President Donald Trump after he vowed the nation would pay a historically big ‘financial price’ for the electricity tariff it imposed on the United States. Hours later, Ontario Premier Doug Ford said he would cancel the 25% tariff on Canadian electricity to Michigan, New York and Minnesota that he put in place on Monday.

That move was an escalation in response to earlier tariffs from Trump as the trade war between the two countries has intensified.

The Premier said he spoke with Commerce Secretary Howard Lutnick about the situation and they agreed to meet on Thursday to discuss reciprocal tariffs that Trump wants to put in place on April 2. ‘In response, Ontario agreed to suspend its 25 per cent surcharge on exports of electricity to Michigan, New York and Minnesota,’ Ford said. Trump, in response, agreed not to double tariffs on Canadian steel and aluminium to 50%. They will stay at 25%.

In the meantime, the God-Emperor 2.0 has moved on to the EU and the UK. The UK is being smart about it.

Keir Starmer is resisting pressure to retaliate today after failing in his bid to persuade Donald Trump to spare Britain from brutal tariffs on steel. The US president has pushed ahead with the 25 per cent levy on steel and aluminium imports despite desperate pleas for an exemption. Britain exported 166,433 tonnes of steel to the US in 2023, the last full year for which figures are available.

The EU, not so much:

Brussels said counter-measures to the tariffs, which would affect around 26 billion euros (around £22 billion) of EU exports, will be introduced in April ‘to defend European interests’.

I am beginning to conclude that these particular tariffs aren’t about economics at all. This is about the US President attempting to rebuild the US industrial capacity that presently renders the USA unable to fight a war with either China or Russia. Which the USA simply cannot do when its steel industry is so susceptible to foreign competition and steel suppliers that will be inaccessible and useless in times of war.

The various foreign countries should accept these tariffs on industrial materials without demur, because the USA really doesn’t have any choice in the matter if it is going to remain one of the top three global military powers.

CORRECTION: Canada has not learned.

Canada announced $21 billion in new tariffs on Wednesday targeting imports of U.S. computers and sports gear. It is the latest escalation of the increasingly bitter and costly trade war engulfing Washington and Ottawa. The latest move comes hours after President Donald Trump’s 25 percent tariffs on Canadian steel and aluminum went into effect.

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Who Advises These Morons?

Americans have always tended to look down on Canadians as being nice, but ineffectual people, on average. It appears, however, that their political class is even more self-destructive than their European counterparts:

Donald Trump continued his budding trade war with Canada by pledging to ‘just get it all back’ with stiffer reciprocal tariffs next month – as Ontario Premier Doug Ford threatened to knock his lights out. Ford has already followed through on a promise to put a 25% tariff on Canadian electricity to Michigan, New York and Minnesota on Monday.

The Ontario premier, who runs Canada’s most populous province, now says he’s ready to ‘shut the electricity off completely’ if America continues to ‘escalate.’

Trump has shot back, mocking Ford’s plan and saying that his promise of reciprocal tariffs will render anything Ontario does useless.

‘Despite the fact that Canada is charging the USA from 250% to 390% Tariffs on many of our farm products, Ontario just announced a 25% surcharge on ‘electricity,’ of all things, and you’re not even allowed to do that,’ he said in a Truth Social.

However, Trump said that the US will ‘just get it all back on April 2,’ when the administration’s reciprocal tariff plan goes into effect. Trump continued to take shots at his neighbors to the north before declaring he was on the way to making America great again.

‘Canada is a Tariff abuser, and always has been, but the United States is not going to be subsidizing Canada any longer. We don’t need your Cars, we don’t need your Lumber, we don’t your Energy, and very soon, you will find that out,’ he promised.

This is the danger of believing the rhetoric of your corrupt Clown World advisors and taking it literally. All of these political figures threatening to respond in kind to US tariffs quite clearly don’t understand the basic economic math involved.

While Canada can hurt a few specific economic sectors, the overall benefit to the USA of complete autarky is significant. Therefore, any escalation of a tariff war between the USA and Canada only makes it more profitable to the USA and more costly to Canada. The same is true of Mexico, China, Japan, and every other country that runs a trade surplus with the USA.

Japan, at least, understands this, and is seeking to avoid making things worse for itself.

Japan’s trade minister said Tuesday that he has failed to win assurances from U.S. officials that the key U.S. ally will be exempt from tariffs, some of which go onto effect on Wednesday. Yoji Muto was in Washington for last ditch negotiations over the tariffs on a range of Japanese exports including cars, steel and aluminum. Muto said Tuesday that Japan, which contributes to the U.S. economy by heavily investing and creating jobs in the United States, “should not be subject to” 25% tariffs on steel, aluminum and auto exports to America.

You’ll notice Japan hasn’t been doing anything stupid like threatening to add to its already significant list of obstacles to US imports.

UPDATE: The God-Emperor 2.0 didn’t waste any time before dropping the hammer.

President Donald Trump declared a national emergency on electricity in the United States and doubled the tariffs on aluminum and steel from Canada after retaliatory tariffs from America’s neighbor to the north. Trump also warned more auto tariffs are coming on April 2nd. He wants Canada to drop its retaliatory tariffs on U.S. dairy and agricultural products.

‘If other egregious, long time Tariffs are not likewise dropped by Canada, I will substantially increase, on April 2nd, the Tariffs on Cars coming into the U.S. which will, essentially, permanently shut down the automobile manufacturing business in Canada,’ he said.

It’s mildly amusing to observe the media trying to cry about how US tariffs are bad while simultaneously refusing to acknowledge the fact that they are a response to Canadian tariffs on US products that have long been in place.

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Is Japan Next?

The God-Emperor appears to have turned his sights upon the trade deficit with Japan and the massive expense of maintaining the US military there.

President Donald Trump said Japan is not required to protect the United States militarily and makes “a fortune” from it economically, as he fired off an impromptu broadside at a key ally.

It came as Japan’s trade minister is arranging a trip to Washington during which he will reportedly demand an exemption from imminent U.S. tariffs on steel and aluminum.

“We have a great relationship with Japan. But we have an interesting deal with Japan that we have to protect them, but they don’t have to protect us,” Trump said Thursday.

“And by the way, they make a fortune with us economically,” he said. “I actually ask, who makes these deals?”

In response, Japanese government spokesman Yoshimasa Hayashi said Friday that Japan trusts Washington to keep its obligation to the two countries’ security treaty.

Around 54,000 U.S. military personnel are stationed in Japan, mostly in the Okinawa region east of Taiwan.

The key observation that President Trump appears to have made is that imperialism is not, in the long term, profitable to the imperialist nation. Over time, it increasingly benefits the foreigners who are attracted to the imperial center of power, to the exclusion of the nationals for whose benefit the empire ostensibly exists.

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20 Percent Tariffs on China

The God-Emperor 2.0 knows perfectly well that trade wars are winnable, in some circumstances, and that those circumstances apply to the USA vis-a-vis China as well as a number of other Asian and European countries, as indicated by his most recent Executive Order:

Section 1. Background. With Executive Order 14195 of February 1, 2025 (Imposing Duties to Address the Synthetic Opioid Supply Chain in the People’s Republic of China), I determined that the failure of the Government of the People’s Republic of China (PRC) to act to blunt the sustained influx of synthetic opioids, including fentanyl, flowing from the PRC to the United States constituted an unusual and extraordinary threat, which has its source in substantial part outside the United States, to the national security, foreign policy, and economy of the United States. To address that threat, I invoked my authority under section 1702(a)(1)(B) of IEEPA to impose ad valorem tariffs on articles that are products of the PRC, as defined by the Federal Register notice described in section 2(d) of Executive Order 14195, as amended by Executive Order 14200 of February 5, 2025 (Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China).

Pursuant to section 3 of Executive Order 14195, I have determined that the PRC has not taken adequate steps to alleviate the illicit drug crisis through cooperative enforcement actions, and that the crisis described in Executive Order 14195 has not abated.

Sec. 2. Amendment. In recognition of the fact that the PRC has not taken adequate steps to alleviate the illicit drug crisis, section 2(a) of Executive Order 14195 is hereby amended by striking the words “10 percent” and inserting in lieu thereof the words “20 percent”.

Although China’s Foreign Ministry is clinging to its Ricardian rhetoric, the fact that they’re not escalating tends to indicate that they understand that at least with regards to this particular trade issue, the US President holds all the cards.

The New York Times: The United States has imposed further 10 percent tariffs on most goods from China. What is your reaction?

Lin Jian: I believe you’ve noticed the statements released by competent Chinese departments. The fentanyl issue is a flimsy excuse to raise U.S. tariffs on Chinese imports. China has made clear its opposition more than once. Our countermeasures to defend our rights and interests are fully legitimate and necessary.

The U.S., not anyone else, is responsible for the fentanyl crisis inside the U.S. In the spirit of humanity and goodwill towards the American people, we have taken robust steps to assist the U.S. in dealing with the issue. This is obvious to all and people from various sectors in the U.S. have expressed thanks to China on multiple occasions. Instead of recognizing our efforts, the U.S. has sought to smear and shifted the blame to China, and is seeking to pressure and blackmail China with tariff hikes. They’ve been punishing us for helping them. This is not going to solve the U.S.’s problem and will undermine our counternarcotics dialogue and cooperation. 

Let me reiterate that intimidation does not scare us. Bullying does not work on us. Pressuring, coercion or threats are not the right way of dealing with China. Anyone using maximum pressure on China is picking the wrong guy and miscalculating. If the U.S. truly wants to solve the fentanyl issue, then the right thing to do is to consult with China on the basis of equality, mutual respect and mutual benefit to address each other’s concerns. If the U.S. has other agenda in mind and if war is what the U.S. wants, be it a tariff war, a trade war or any other type of war, we’re ready to fight till the end. We urge the U.S. to stop being domineering and return to the right track of dialogue and cooperation at an early date. 

Below is the list of the ten countries whose positions are weakest concerning a potential trade war with the USA:

  • China $279 billion
  • Mexico $152 billion
  • Vietnam $104 billion
  • Germany $83 billion
  • Japan $71 billion
  • Canada $67 billion
  • Ireland $65 billion
  • South Korea $51 billion
  • Taiwan $47 billion
  • Italy $44 billion

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It Actually Is What it Is

White Bull has launched their long-awaited substack focused on business and the intersection of policy on business with a very solid piece on tariffs. This is particularly important, because both the media and most official government positions on tariffs are still stuck in 18th century critiques of European mercantilism and therefore take nothing that has happened and nothing that we’ve learned in the last 250 years into account.

Before the 2024 election Trump said, “Tariffs are the greatest thing ever invented.” While it is typical Trumpian hyperbole, it is not wrong. Following almost 4 decades of globalists being hell bent on eliminating trade barriers, US trade policy supporting exporting US manufacturing to Canada/Mexico with NAFTA, or China with MFN and then accession to WTO (thank you Bill Clinton + Laura Tyson), the US has essentially been subsidizing other nations at its own expense. Tariffs are one of many tools that the US needs to start using to recalibrate its place vis a vis the global marketplace.

The globalists in Congress keep saying that Trump doesn’t know what he is talking about when he discusses who actually pays the tariffs.They say consumers pay the tariffs. Well, they are (partly) right and everyone knows this. What they don’t talk about is that unless the producers who have tariffs levied on them reduce their wholesale prices, the cost to the American consumer will increase by retail price + the tariff %. American consumers are smart enough to shift their buying preferences towards better value, alternative products or wait on purchases until alternatives emerge. American manufacturers will be motivated to bring manufacturing back to the US, since profitability is possible again. Everybody in America wins! At Davos a few weeks ago, even the pragmatic Jaime Dimon came out in favor of tariffs, saying, “I would put into perspective: If it’s a little inflationary, but it’s good for national security, so be it. I mean, get over it.”

Tariffs were a very effective tool for the US during the 1800s, and between 1861-1933 the US had one of the highest average tariff rates on manufactured imports in the world. Is it surprising that after 1933/New Deal, tariffs started to disappear while being replaced by income taxes, sales taxes and a myriad of social programs started to emerge? Tariffs can be raised, lowered or eliminated entirely as needed. But taxes and entitlements rarely disappear creating virtually unlimited budgets for politicians to tap into or steal. And while there is always the danger of a trade war, it looks like many ‘deals’ will get cut to decrease US trade deficits with targeted countries before needing to actually levy the tariffs.

IT IS WHAT IT IS promises to be as significant in the business and technology space as FANDOM PULSE has already proved to be in the entertainment and culture space. If you’re running a side hustle or you’re a full-time entrepreneur with your own small business, you will definitely want to be a part of the conversation there. It’s something I’ve wanted White Bull to do for a long time, simply so I don’t have to, because it is one thing that we just haven’t had in the greater community.

We’ve just never really had a place where those of us who are active in business can discuss what is going on around the world in the context of our business operations, so I think this will be an important step going forward.

DISCUSS ON SG


Low-Wage Efficiencies

Immigrant truckers are crashing the trucks Americans won’t crash.

Today rolled through Nebraska and counted no fewer than 107 CMV accidents between Omaha and Big Springs. I did not get picture of all of them. In fact I didn’t start keeping track until halfway through the state.

I reached out to Nebraska State Police and they said they responded to 211 CMV accidents in 3 Days, this includes today. I asked them for the crash ratio of foreign to American drivers involved in the accidents and they say that the At Fault percentage for the 3 days are 97% foreign and 3% American… they did not give me nationality of the drivers.

I asked what is the reason for the crash and surprisingly it isn’t speed., it’s the simple fact that many of these drivers are INCAPABLE of driving on snow and ice, don’t leave enough stoping distance, are following too closely and plain panic during minor road scenarios. I am a firm believer that the FMCSA needs to restrict foreigners from being allowed to operate during inclement weather such as snow or ice.

According to the National Insurance Institute, 98% of at fault crashes in a CMV during inclement weather are the fault of a person not from the United States…let that sink in….giving people CDL’s, who are from countries where it doesn’t snow, who have little to no traffic laws & enforcement does not translate to them being safe drivers in America.

Mass immigration is not “good for the economy” as advertised, much less “necessary for the economy”. To the contrary, it is an absolute nightmare for the economy as well as for the society, as it reduces wages, reduces productivity, and produces a much lower-quality labor force.

Economic theory has yet to catch up to the real-world tests of those theories that have played out in diametrically opposite ways than was theorized in ignorance and instituted as policy.

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Trump to Rebuild Steel Industry

A new executive order from the God-Emperor 2.0 places 25 percent tariffs on imported steel from all sources.

In Proclamation 9705 of March 8, 2018 (Adjusting Imports of Steel Into the United States), I concurred in the Secretary’s finding that steel articles, as defined in clause 1 of Proclamation 9705 (as amended by clause 8 of Proclamation 9711 of March 22, 2018 (Adjusting Imports of Steel Into the United States)), are being imported into the United States in such quantities and under such circumstances as to threaten to impair the national security of the United States, and decided to adjust the imports of steel articles by imposing a 25 percent ad valorem tariff on such articles imported from most countries. Proclamation 9705 further stated that any country with which the United States has a security relationship is welcome to discuss alternative ways to address the threatened impairment of the national security caused by imports from that country, and noted that, should the United States and that country arrive at a satisfactory alternative means to address the threat to the national security such that the President determines that imports from that country no longer threaten to impair the national security, I may remove or modify the restriction on steel articles imports from that country and, if necessary, adjust the tariff as it applies to other countries, as the national security interests of the United States require.

This is absolutely necessary if the USA is going to remain even a regional power. Whereas in 1945, the USA produced 72 percent of the world’s steel, it is now producing 4.2 percent of it. Whereas it once produced 229 million metric tons of iron and steel, it now produces only 79.4 million, which isn’t even enough to account for its annual steel consumption of around 100 million metric tons.

At this point the USA cannot even be considered a global military power because it lacks the industrial capacity to fight a war over an extended period of time. The President’s new steel tariffs are in place to allow the USA to begin rebuilding the industrial base that it stupidly abandoned in the post-WWII period.

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