Food

The Pronk Pops 1046, March 19, 2018, Story 1: Obese Trump’s War on Opioids: U.S. Government’s War on Drugs Like War on Poverty Is A Failure — Obesity Is The Number One Killer of Americans — Government Obesity — Making Americans Healthy Again — Videos

Posted on March 19, 2018. Filed under: American History, Beef, Blogroll, Breaking News, Bribery, Bribes, Budgetary Policy, Business, Communications, Congress, Corruption, Countries, Crime, Culture, Currencies, Diets, Donald J. Trump, Donald Trump, Drugs, Economics, Education, Elections, Empires, Employment, Environment, Eugenics, Fiscal Policy, Food, Government, Government Spending, Health Care, Health Care Insurance, History, House of Representatives, Housing, Human, Illegal Drugs, Insurance, Investments, Law, Legal Drugs, Life, Media, Medicare, News, Nutrition, People, Philosophy, Photos, Politics, Polls, Progressives, Raymond Thomas Pronk, Regulation, Scandals, Senate, Social Networking, Tax Policy, United States of America, War, Wealth, Wisdom | Tags: , , , , , , , , , , , |

 Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 1046, March 19, 2018

Pronk Pops Show 1045, March 8, 2018

Pronk Pops Show 1044, March 7, 2018

Pronk Pops Show 1043, March 6, 2018

Pronk Pops Show 1042, March 1, 2018

Pronk Pops Show 1041, February 28, 2018

Pronk Pops Show 1040, February 27, 2018

Pronk Pops Show 1039, February 26, 2018

Pronk Pops Show 1038, February 23, 2018

Pronk Pops Show 1037, February 22, 2018

Pronk Pops Show 1036, February 21, 2018

Pronk Pops Show 1035, February 16, 2018

Pronk Pops Show 1034, February 15, 2018  

Pronk Pops Show 1033, February 14, 2018  

Pronk Pops Show 1032, February 13, 2018

Pronk Pops Show 1031, February 12, 2018

Pronk Pops Show 1030, February 9, 2018

Pronk Pops Show 1028, February 7, 2018

Pronk Pops Show 1027, February 2, 2018

Pronk Pops Show 1026, February 1, 2018

Pronk Pops Show 1025, January 31, 2018

Pronk Pops Show 1024, January 30, 2018

Pronk Pops Show 1023, January 29, 2018

Pronk Pops Show 1022, January 26, 2018

Pronk Pops Show 1021, January 25, 2018

Pronk Pops Show 1020, January 24, 2018

Pronk Pops Show 1019, January 18, 2018

Pronk Pops Show 1018, January 17, 2018

Pronk Pops Show 1017, January 16, 2018

Pronk Pops Show 1016, January 10, 2018

Pronk Pops Show 1015, January 9, 2018

Pronk Pops Show 1014, January 8, 2018

Pronk Pops Show 1013, December 13, 2017

Pronk Pops Show 1012, December 12, 2017

Pronk Pops Show 1011, December 11, 2017

Pronk Pops Show 1010, December 8, 2017

Pronk Pops Show 1009, December 7, 2017

Pronk Pops Show 1008, December 1, 2017

See the source imageSee the source image

See the source image

See the source image

See the source image

See the source imageSee the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

The Pronk Pops 1046, March 19, 2018, Story 1: Obese Trump’s War on Opioids: U.S. Government’s War on Drugs Like War on Poverty Is A Failure — Obesity Is The Number One Killer of Americans — Government Obesity — Making Americans Healthy Again — Videos

In Speech On Opioid Crisis, President Trump Proposes Death Penalty For Drug Traffickers | NBC News

President Trump Opioid Crisis Speech 3/19/18 Manchester, NH

Rep. Tim Ryan: Trump’s order on opioid crisis not enough

The Facts on America’s Opioid Epidemic

Opioid addiction is the biggest drug epidemic in U.S. history. How’d we get here?

Medical industry an accomplice in opioid epidemic?

HHS secretary on Trump’s plan to fight the opioid crisis

Why Is There an Opioid Crisis?

Who Profits from the Opioid Crisis? Meet the Secretive Sackler Family Making Billions from OxyContin

Why The War on Drugs Is a Huge Failure

America’s 40-year war on drugs

Published on Jun 17, 2011

It has been 40 years since Richard Nixon declared war on drugs in America. The U.S. now spends $15 billion per year on the battle. Sharyl Attkisson looks at whether it’s worth fighting anymore.

How the opioid crisis decimated the American workforce

Breaking Bad – Walt and Jesse say goodbye (“Say Something” music video)

Breaking Bad’s Final Scene – Walter White’s Death

Locked Up In Here

Don’t Mess With ‘Top Bitch’ Of The Retirement Home | South Park

South Park Does The Opioid Crisis Explained

Overweight World – Obesity Facts and Statistics

This is What’s Causing the Obesity Epidemic

Remedying the world’s obesity crisis

The Obesity Epidemic

Sugar — the elephant in the kitchen: Robert Lustig at TEDxBermuda 2013

The Skinny on Obesity (Ep. 1): An Epidemic for Every Body

The Skinny on Obesity (Ep. 2): Sickeningly Sweet

The Skinny on Obesity (Ep. 3 Trailer): Hunger and Hormones – A Vicious Cycle

The Skinny on Obesity (Ep. 4): Sugar – A Sweet Addiction

The Skinny on Obesity (Ep. 5): Generation XL

The Skinny on Obesity (Ep. 6): A Fast-Paced Fast Food Life

The Skinny on Obesity (Ep. 7): Drugs Cigarettes Alcohol…and Sugar?

The Skinny on Obesity (Extra): Four Sweet Tips from Dr. Lustig

The Skinny on Obesity (Extra): Diet and Lifestyle Tips from UCSF Experts

 

America’s Obesity Epidemic: What They Don’t Tell You!

What is obesity? – Mia Nacamulli

Obesity in America

One Third of Americans Are Obese

Obesity Epidemic Growing Among US Women

WHICH COUNTRY HAS BIGGEST OBESITY PROBLEM? BBC NEWS

Solutions for the obesity epidemic | Liesbeth van Rossum | TEDxErasmusUniversity

The Science of Addictive Food

The Weight of the Nation: Part 1 – Consequences (HBO Docs)

The Weight of the Nation: Part 2 – Choices (HBO Docs)

The Weight of the Nation: Part 3 – Children in Crisis (HBO Docs)

How to do Intermittent Fasting for Serious Weight Loss

5 Tricks to Make Intermittent Fasting Work Faster

The 3 Huge Intermittent Fasting Mistakes

Acceptable Liquids with Intermittent Fasting

Intermittent Fasting WITHOUT doing Keto?

Insulin, Insulin Resistance & Belly Fat: SIMPLIFIED

How to Burn the Most Fat

How to Lose Belly Fat: FAST!

#1 Top Food to Burn Belly Fat Tip

The Best Fat Burning Exercise

The 2 Types of Exercise for Belly Fat

Burn 450 Percent More Belly Fat

How to Trigger Your Fat Burning Hormones

Keto and Intermittent Fasting: the Big Overview for Beginners

Key Foods on a Ketogenic Diet

The Ketogenic Diet & Dairy (Milk, Yogurt & Cheese)

Dr. Berg Turns 50 – Explains What He Eats and His Nutrition

What Does 7-10 Cups of Salad Look Like?

Don’t Like Vegetables? Try This!

The REAL Reason Apple Cider Vinegar Works for Losing Weight – MUST WATCH!

The 7 Foods You Must NEVER Ever Eat!

How to Lower Cortisol

What Triggers Human Growth Hormone (HGH)?

The Ultimate Joint Healer: Growth Hormone

What Boosts More Growth Hormone: Intermittent Fasting or HIIT (High Intensity Interval Training)?

9 Top SuperFoods on the Planet

What Protein is Best?

{youtube=https://www.youtube.com/watch?v=zgYAJqOeYRk]

The Perfect Diet

The Top Symptoms of a Potassium Deficiency

The Top Symptoms of a Magnesium Deficiency

Calcium & Magnesium Absorption Basics

The Best and Worst Type of Calcium

The Dangerous State of Too Much CALCIUM!

Serious Side-Effects from Excess Calcium (Soft-Tissue Calcium) by Dr. Berg

Is Your Calcium Supplement Killing You?

Why all of a sudden is everyone deficient in vitamin D?

POTASSIUM: The MOST Important Electrolyte – MUST WATCH!

Forget The Calories, Just Reduce Sugars

Sugar Toxicity

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Shows 1041-1046

Listen To Pronk Pops Podcast or Download Shows 1033-1040

Listen To Pronk Pops Podcast or Download Shows 1023-1032

Listen To Pronk Pops Podcast or Download Shows 1017-1022

Listen To Pronk Pops Podcast or Download Shows 1010-1016

Listen To Pronk Pops Podcast or Download Shows 1001-1009

Listen To Pronk Pops Podcast or Download Shows 993-1000

Listen To Pronk Pops Podcast or Download Shows 984-992

Listen To Pronk Pops Podcast or Download Shows 977-983

Listen To Pronk Pops Podcast or Download Shows 970-976

Listen To Pronk Pops Podcast or Download Shows 963-969

Listen To Pronk Pops Podcast or Download Shows 955-962

Listen To Pronk Pops Podcast or Download Shows 946-954

Listen To Pronk Pops Podcast or Download Shows 938-945

Listen To Pronk Pops Podcast or Download Shows 926-937

Listen To Pronk Pops Podcast or Download Shows 916-925

Listen To Pronk Pops Podcast or Download Shows 906-915

Listen To Pronk Pops Podcast or Download Shows 889-896

Listen To Pronk Pops Podcast or Download Shows 884-888

Listen To Pronk Pops Podcast or Download Shows 878-883

Listen To Pronk Pops Podcast or Download Shows 870-877

Listen To Pronk Pops Podcast or Download Shows 864-869

Listen To Pronk Pops Podcast or Download Shows 857-863

Listen To Pronk Pops Podcast or Download Shows 850-856

Listen To Pronk Pops Podcast or Download Shows 845-849

Listen To Pronk Pops Podcast or Download Shows 840-844

Listen To Pronk Pops Podcast or Download Shows 833-839

Listen To Pronk Pops Podcast or Download Shows 827-832

Listen To Pronk Pops Podcast or Download Shows 821-826

Listen To Pronk Pops Podcast or Download Shows 815-820

Listen To Pronk Pops Podcast or Download Shows 806-814

Listen To Pronk Pops Podcast or Download Shows 800-805

Listen To Pronk Pops Podcast or Download Shows 793-799

Listen To Pronk Pops Podcast or Download Shows 785-792

Listen To Pronk Pops Podcast or Download Shows 777-784

Listen To Pronk Pops Podcast or Download Shows 769-776

Listen To Pronk Pops Podcast or Download Shows 759-768

Listen To Pronk Pops Podcast or Download Shows 751-758

Listen To Pronk Pops Podcast or Download Shows 745-750

Listen To Pronk Pops Podcast or Download Shows 738-744

Listen To Pronk Pops Podcast or Download Shows 732-737

Listen To Pronk Pops Podcast or Download Shows 727-731

Listen To Pronk Pops Podcast or Download Shows 720-726

Listen To Pronk Pops Podcast or DownloadShows 713-719

Listen To Pronk Pops Podcast or DownloadShows 705-712

Listen To Pronk Pops Podcast or Download Shows 695-704

Listen To Pronk Pops Podcast or Download Shows 685-694

Listen To Pronk Pops Podcast or Download Shows 675-684

Listen To Pronk Pops Podcast or Download Shows 668-674

Listen To Pronk Pops Podcast or Download Shows 660-667

Listen To Pronk Pops Podcast or Download Shows 651-659

Listen To Pronk Pops Podcast or Download Shows 644-650

Listen To Pronk Pops Podcast or Download Shows 637-643

Listen To Pronk Pops Podcast or Download Shows 629-636

Listen To Pronk Pops Podcast or Download Shows 617-628

Listen To Pronk Pops Podcast or Download Shows 608-616

Listen To Pronk Pops Podcast or Download Shows 599-607

Listen To Pronk Pops Podcast or Download Shows 590-598

Listen To Pronk Pops Podcast or Download Shows 585- 589

Listen To Pronk Pops Podcast or Download Shows 575-584

Listen To Pronk Pops Podcast or Download Shows 565-574

Listen To Pronk Pops Podcast or Download Shows 556-564

Listen To Pronk Pops Podcast or Download Shows 546-555

Listen To Pronk Pops Podcast or Download Shows 538-545

Listen To Pronk Pops Podcast or Download Shows 532-537

Listen To Pronk Pops Podcast or Download Shows 526-531

Listen To Pronk Pops Podcast or Download Shows 519-525

Listen To Pronk Pops Podcast or Download Shows 510-518

Listen To Pronk Pops Podcast or Download Shows 500-509

Listen To Pronk Pops Podcast or Download Shows 490-499

Listen To Pronk Pops Podcast or Download Shows 480-489

Listen To Pronk Pops Podcast or Download Shows 473-479

Listen To Pronk Pops Podcast or Download Shows 464-472

Listen To Pronk Pops Podcast or Download Shows 455-463

Listen To Pronk Pops Podcast or Download Shows 447-454

Listen To Pronk Pops Podcast or Download Shows 439-446

Listen To Pronk Pops Podcast or Download Shows 431-438

Listen To Pronk Pops Podcast or Download Shows 422-430

Listen To Pronk Pops Podcast or Download Shows 414-421

Listen To Pronk Pops Podcast or Download Shows 408-413

Listen To Pronk Pops Podcast or Download Shows 400-407

Listen To Pronk Pops Podcast or Download Shows 391-399

Listen To Pronk Pops Podcast or Download Shows 383-390

Listen To Pronk Pops Podcast or Download Shows 376-382

Listen To Pronk Pops Podcast or Download Shows 369-375

Listen To Pronk Pops Podcast or Download Shows 360-368

Listen To Pronk Pops Podcast or Download Shows 354-359

Listen To Pronk Pops Podcast or Download Shows 346-353

Listen To Pronk Pops Podcast or Download Shows 338-345

Listen To Pronk Pops Podcast or Download Shows 328-337

Listen To Pronk Pops Podcast or Download Shows 319-327

Listen To Pronk Pops Podcast or Download Shows 307-318

Listen To Pronk Pops Podcast or Download Shows 296-306

Listen To Pronk Pops Podcast or Download Shows 287-295

Listen To Pronk Pops Podcast or Download Shows 277-286

Listen To Pronk Pops Podcast or Download Shows 264-276

Listen To Pronk Pops Podcast or Download Shows 250-263

Listen To Pronk Pops Podcast or Download Shows 236-249

Listen To Pronk Pops Podcast or Download Shows 222-235

Listen To Pronk Pops Podcast or Download Shows 211-221

Listen To Pronk Pops Podcast or Download Shows 202-210

Listen To Pronk Pops Podcast or Download Shows 194-201

Listen To Pronk Pops Podcast or Download Shows 184-193

Listen To Pronk Pops Podcast or Download Shows 174-183

Listen To Pronk Pops Podcast or Download Shows 165-173

Listen To Pronk Pops Podcast or Download Shows 158-164

Listen To Pronk Pops Podcast or Download Shows 151-157

Listen To Pronk Pops Podcast or Download Shows 143-150

Listen To Pronk Pops Podcast or Download Shows 135-142

Listen To Pronk Pops Podcast or Download Shows 131-134

Listen To Pronk Pops Podcast or Download Shows 124-130

Listen To Pronk Pops Podcast or Download Shows 121-123

Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

Listen To Pronk Pops Podcast or Download Shows 104-105

Listen To Pronk Pops Podcast or Download Shows 101-103

Listen To Pronk Pops Podcast or Download Shows 98-100

Listen To Pronk Pops Podcast or Download Shows 94-97

Listen To Pronk Pops Podcast or Download Show 93

Listen To Pronk Pops Podcast or Download Show 92

Listen To Pronk Pops Podcast or Download Show 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

Listen To Pronk Pops Podcast or Download Shows 49-51

Listen To Pronk Pops Podcast or Download Shows 45-48

Listen To Pronk Pops Podcast or Download Shows 41-44

Listen To Pronk Pops Podcast or Download Shows 38-40

Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

Listen To Pronk Pops Podcast or Download Shows 16-22

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

Advertisements
Read Full Post | Make a Comment ( None so far )

The Pronk Pops Show 1043, March 6, 2018, Story 1: North Korea Willing To Talk To US And Freeze Nuclear and Missile Tests — Videos — Story 2: President Trump and Swedish Prime Minister Stefan Löfven Joint Press Conference — Videos — Story 3: Director of the National Economic Council Gary Cohn Resigns — Was Not Made Chairman of Federal Reserve — Video — Story 4: Federal Reserve Monetary Policy Under Fed Chair Jerome Powell — Videos

Posted on March 6, 2018. Filed under: American History, Banking System, Bribes, Budgetary Policy, Canada, China, Constitutional Law, Countries, Crime, Culture, Currencies, Defense Spending, Disasters, Donald J. Trump, Donald J. Trump, Donald Trump, Economics, Education, Empires, Employment, Energy, Euro, European Union, Federal Government, Fiscal Policy, Food, Foreign Policy, Free Trade, Freedom of Speech, Germany, Government, Government Dependency, Government Spending, Health, History, Homicide, Housing, Human, Independence, Law, Life, Media, Mexico, Monetary Policy, National Interest, Networking, News, North Korea, Nuclear, Nuclear Weapons, People, Philosophy, Photos, Politics, Polls, President Trump, Prime Minister, Privacy, Public Relations, Raymond Thomas Pronk, Regulation, Scandals, Security, Social Networking, Spying, Success, Tax Policy, Taxation, Taxes, Trade Policy, Treason, U.S. Dollar, Uncategorized, United Kingdom, United States of America, Videos, Vietnam, Violence, Wall Street Journal, War, Wealth, Weapons, Weapons of Mass Destruction, Weather, Wisdom | Tags: , , , , , , , , , , , , , , , , , |

 Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 1042, March 6, 2018

Pronk Pops Show 1042, March 1, 2018

Pronk Pops Show 1041, February 28, 2018

Pronk Pops Show 1040, February 27, 2018

Pronk Pops Show 1039, February 26, 2018

Pronk Pops Show 1038, February 23, 2018

Pronk Pops Show 1037, February 22, 2018

Pronk Pops Show 1036, February 21, 2018

Pronk Pops Show 1035, February 16, 2018

Pronk Pops Show 1034, February 15, 2018  

Pronk Pops Show 1033, February 14, 2018  

Pronk Pops Show 1032, February 13, 2018

Pronk Pops Show 1031, February 12, 2018

Pronk Pops Show 1030, February 9, 2018

Pronk Pops Show 1028, February 7, 2018

Pronk Pops Show 1027, February 2, 2018

Pronk Pops Show 1026, February 1, 2018

Pronk Pops Show 1025, January 31, 2018

Pronk Pops Show 1024, January 30, 2018

Pronk Pops Show 1023, January 29, 2018

Pronk Pops Show 1022, January 26, 2018

Pronk Pops Show 1021, January 25, 2018

Pronk Pops Show 1020, January 24, 2018

Pronk Pops Show 1019, January 18, 2018

Pronk Pops Show 1018, January 17, 2018

Pronk Pops Show 1017, January 16, 2018

Pronk Pops Show 1016, January 10, 2018

Pronk Pops Show 1015, January 9, 2018

Pronk Pops Show 1014, January 8, 2018

Pronk Pops Show 1013, December 13, 2017

Pronk Pops Show 1012, December 12, 2017

Pronk Pops Show 1011, December 11, 2017

Pronk Pops Show 1010, December 8, 2017

Pronk Pops Show 1009, December 7, 2017

Pronk Pops Show 1008, December 1, 2017

See the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source image

 

Story 1: North Korea Willing To Talk To US And Freeze Nuclear and Missile Tests — Videos —

The Latest: Pres. Trump says North Korea ‘acting positively’

North Korea said to be open to talks with the U.S.

Breaking News – North Korea Is Willing to Discuss Giving Up Nuclear Weapons, South Says

North Korea Willing To Talk To US And Freeze Missile Tests

Kim Jong-un Wants Closer North-south Korea Ties

North Korea’s Kim Jong-un meets South Korean envoys

China joins US in imposing sanctions against North Korea

China urges North Korea to stop missile tests

Despite worldwide pressure, North Korea unlikely to give up nuclear weapons

 

North Korea says it’s willing to hold talks with US and halt nuclear pursuit while negotiations last: South Korea

  • North Korea is willing to hold talks with the U.S. on denuclearization and will suspend nuclear tests while those talks are under way, South Korea said.
  • The news comes after a delegation returned from the North where it met leader Kim Jong Un.
  • North and South Korea will also hold their first summit in more than a decade next month at the border village of Panmunjom.

North Korean leader Kim Jong Un attends a grand military parade celebrating the 70th founding anniversary of the Korean People's Army at the Kim Il Sung Square in Pyongyang.

North and South Korea agree to hold summit talks  

North Korea is willing to hold talks with the United States on denuclearization and will suspend nuclear tests while those talks are under way, the South said on Tuesday after a delegation returned from the North where it met leader Kim Jong Un.

North and South Korea, still technically at war but enjoying a sharp easing in tension since the Winter Olympics in the South last month, will also hold their first summit in more than a decade next month at the border village of Panmunjom, the head of the delegation, Chung Eui-yong, told a media briefing.

“North Korea made clear its willingness to denuclearize the Korean peninsula and the fact there is no reason for it to have a nuclear programme if military threats against the North are resolved and its regime is secure,” the head of the delegation, Chung Eui-yong, told a media briefing.

“The North also said it can have frank talks with the United States on denuclearization and the normalisation of ties between North Korea and the United States,” Chung added.

He cited the North as saying it would not carry out nuclear or missile tests while talks with the international community were under way. North Korea has not carried out any such tests since November last year.

Reacting to the news, President Donald Trump tweeted: “We will see what happens!”

Washington and Pyongyang have been at loggerheads for months over the North’s nuclear and missile programmes, with Trump and Kim Jong Un trading insults and threatening war. North Korea has regularly vowed never to give up its nuclear programme, which it sees as an essential deterrent and “treasured sword” against U.S. plans for invasion.

A photograph of a British nuclear weapons test over Christmas Island in the 1950s at the Imperial War Museum in London.

Who owns the world’s nuclear weapons?  

The United States, which stations 28,500 troops in the South, a legacy of the Korean War, denies any such plans.

To ensure close communication, the two Koreas, whose 1950-53 conflict ended in a mere truce, not a peace treaty, will set up a hotline between South Korean President Moon Jae-in and Kim Jong Un, Chung said.

The last inter-Korean summit was in 2007 when late former president Roh Moo-hyun was in office.

The agreement came on the heels of a visit made by a 10-member South Korean delegation led by Chung to the North Korean capital, Pyongyang, on Monday in hopes of encouraging North Korea and the United States to talk to one another.

Kim Jong Un met senior South Korean government officials for the first time and said it was his “firm will to vigorously advance” inter-Korean ties and pursue reunification, the North’s official news agency said.

“Through this delegation visit, the South Korean government created a very important opportunity to manage North Korea’s nuclear and missile threats, prevent war on the Korean peninsula and create military trust going forward,” said Cheong Seong-chang, a senior research fellow at the Sejong Institute.

Tensions between the two Koreas eased during the Olympics in South Korea, where Moon hosted a high-level North Korean delegation and the two sides presented a joint women’s ice hockey team. Kim Jong Un had invited Moon to North Korea for a summit, which was the first such request from a North Korean leader to a South Korean president.

US-South Korea drills to go on

North Korea has boasted of developing nuclear-tipped missiles capable of reaching the United States, in defiance of U.N. Security Council resolutions, but Pyongyang and Washington both say they want a diplomatic solution to the standoff.

The first inter-Korean talks in more than two years were held early this year to bring North Korea to the Winter Olympics, when South Korea and the United States also postponed an annual joint large-scale military exercise that North Korea views as a preparation for invasion.

During this week’s visit, a senior Blue House official said North Korea was informed it was not feasible to postpone the joint military drills between South Korea and the United States again and that Kim Jong Un acknowledged the situation.

Kim Jong Un said he understood the drills, expected in April, would be of a similar scale seen in previous years, the official said. The North Korean leader also had a request for the world: that he be seriously acknowledged as a dialogue counterpart, said the official.

The South’s delegation leader, Chung, said he would travel to the United States to explain the outcome of the visit to North Korea and that he had a message from North Korea he will deliver to Trump.

Chung will later visit China and Russia, while Suh Hoon, the head of South Korea’s spy agency and another member of the delegation, will head to Japan.

https://www.cnbc.com/2018/03/06/south-north-korea-to-hold-summit-in-april-south-korea-says.html

 

U.S. Considers Broad Curbs on Chinese Imports, Takeovers

 Updated on 
  • USTR investigating China’s intellectual-property practices
  • Trump administration considering tariffs on consumer goods

The Trump administration is considering clamping down on Chinese investments in the U.S. and imposing tariffs on a broad range of its imports to punish Beijing for its alleged theft of intellectual property, according to people familiar with the matter.

The U.S. Trade Representative’s office last year began investigating China’s IP practices under a seldom-used trade law that gives President Donald Trump powers to impose trade restrictions to protect American commerce from unfair trading actions by foreign nations. An announcement about the investigation is anticipated in the coming weeks.

The move would escalate tensions already running hot over Trump’s plan to impose stiff tariffs on steel and aluminum imports, risking retaliation from allies and major trading partners like China and rankling Republican lawmakers over the economic costs. Trump struck a defiant tone this week, tweeting that he’d welcome a trade war.

In a blow to the free-trade wing of Trump’s team, White House chief economic adviser Gary Cohn announced on Tuesday he is resigning. The dollar fell and an exchange-traded fund linked to U.S. stocks tumbled in after-hours trading.

Gary Cohn to Resign as Trump Adviser Amid Dispute Over Tariffs

Wide Tariffs

Under the most severe scenario being weighed, the U.S. could impose tariffs on a wide range of Chinese imports, from shoes and clothing to consumer electronics, according to two people familiar with the matter who spoke on condition of anonymity because the discussions aren’t public.

The Trump administration could combine the tariffs with restrictions on Chinese investments in the U.S., which are reviewed for national-security risks by Treasury’s Committee on Foreign Investment in the U.S., the people said. The new measures being considered by the administration could go beyond even domestic security considerations.

The U.S. has long been wary of China’s push to develop its own semiconductor industry that could compete with American firms. That concern was highlighted in a letter made public Tuesday, in which the Treasury Department said Singapore-based Broadcom Ltd.’s hostile takeover attempt of Qualcomm Inc. could pose a national security risk. The worry is Broadcom could harm Qualcomm’s innovation, allowing China to expand its influence in key wireless technology, according to the letter dated March 5.

Forced Reciprocity

With the probe into China, known as a Section 301 action, U.S. officials are also considering a more targeted approach that would seek to rein in Chinese investments, the people said. The administration is looking at ways to enforce reciprocity with China on foreign investment, meaning the U.S. would only allow takeovers in sectors that U.S. companies can access in China, according to the people.

Treasury Secretary Steven Mnuchin has already urged closer vetting of foreign takeovers, and Republican lawmakers are pushing legislation aimed at curbing China’s influence.

U.S. officials are still examining various options, and USTR could decide to do nothing, the people said, adding that an announcement is expected next month. A White House spokesperson declined to comment on an ongoing process, adding that no final decisions have been made.

A senior Chinese official warned that potential tariffs could harm the global trading system, and the Chinese government has been studying curbs on U.S. products such as soybeans.

Trump has fanned the flames, declaring that “trade wars are good and easy to win.” Mnuchin, speaking before a congressional panel on Tuesday, said the administration’s objective is to achieve a “fair and balanced” trading relationship with China. America’s trade gap in goods with the Asian nation surged 8 percent last year to a record $375 billion.

Mnuchin said the U.S. isn’t trying to provoke a trade war with the tariffs, an action that he backed. “The good news” is that Chinese President Xi Jinping and Trump have a “very good relationship and communicate regularly,” said Mnuchin.

Trade Backlash

Wide-ranging tariffs on goods made in China may also provoke a backlash from U.S. retailers such as Walmart Inc. and Target Corp. The retail industry successfully pushed back last year against a proposal by Republican leaders in Congress to apply a border tax on imports.

USTR has argued in the past that Beijing uses a range of practices to force companies to transfer IP, and Chinese entities engage in widespread theft of U.S. trade secrets. U.S. businesses in China have long complained about being forced to hand over technology as the price of gaining access to the Asian market.

American officials are concerned China will piggyback off their nation’s technology as part of its strategy to become a leader in artificial intelligence and other advanced industries.

U.S. companies have been urging the Trump administration to negotiate with Beijing before imposing any penalties, according to industry lobbyists. That may be difficult, given that the main channel of economic dialogue between the two countries has broken down. However, Vice Foreign Minister Zhang Yesui said this week that China will host talks on trade issues with U.S. officials.

Under the law, the U.S. can impose duties or other barriers on the goods and services of the foreign country that undermined American commerce. It can also negotiate agreements under which the foreign nation would commit to end the offending tactic.

The government is supposed to come up with a solution that impacts foreign goods and services at a level equivalent to the damage done to American industry. Last year, an independent commission on U.S. intellectual property estimated that the annual cost to the U.S. economy in counterfeit goods, pirated software, and theft of trade secrets from all sources exceeds $225 billion and could be as high as $600 billion. China is the world’s principal IP infringer, the commission said.

— With assistance by David McLaughlin

https://www.bloomberg.com/news/articles/2018-03-06/u-s-said-to-consider-broad-curbs-on-chinese-imports-takeovers

China Spends More on Domestic Security as Xi’s Powers Grow

Beijing invests in policing at home amid push by president to solidify authority

China has hired more police and invested in domestic surveillance technology; above, security personnel on duty in Beijing on Tuesday during the annual meeting of the national legislature.
China has hired more police and invested in domestic surveillance technology; above, security personnel on duty in Beijing on Tuesday during the annual meeting of the national legislature. PHOTO: NICOLAS ASFOURI/AGENCE FRANCE-PRESSE/GETTY IMAGES

BEIJING—China has substantially increased spending on domestic security, official figures show, reflecting mounting concern about threats inside its borders as President Xi Jinping moves to acquire more power and reassert the authority of the Communist Party.

Beijing’s budgets for internal and external security have grown faster than the economy as a whole for several years, but domestic security spending has grown far faster—to where it exceeds the national defense budget by roughly 20%.

Home SecurityChina’s spending on domestic securityoutpaces military spending, driven in part byan increase in Xinjiang.National security spending
.trillion yuanMilitary*Domestic2008’10’12’14’160.000.250.500.751.001.251.50
Regional security spendingSources: China’s National Bureau of Statistics;Chinese regional finance departments (regions);Ministry of Finance (domestic, 2017); Adrian Zenz(estimates).Note: 1 yuan = $0.16 *2017 data are Adrian Zenz’sestimates
.yuan per personTibet*XinjiangBeijingAll provinces2008’10’12’14’1601,0002,0003,0004,000
China has turned the northwestern region of Xinjiang into a vast experiment in domestic surveillance. WSJ investigated what life is like in a place where one’s every move can be monitored with cutting-edge technology. Video: Clément Bürge/WSJ; Image: DeepGlint

Across China, domestic security accounted for 6.1% of government spending in 2017, the Ministry of Finance said. That translates into 1.24 trillion yuan ($196 billion) and compares with 1.02 trillion yuan in central-government funding for the military.

The numbers, revealed in an annual budget report released this week, help illustrate the scale of a recent intensification of security and surveillance across China, particularly in Xinjiang and Tibet, minority-heavy areas on the country’s periphery.

The spending numbers are “very consistent with the heavy securitization that’s going on,” said Adrian Zenz, a lecturer at the European School of Culture and Theology in Germany who discovered the numbers in Monday’s report and whose research into Chinese security spending is due to be published soon by the Jamestown Foundation.

In Xinjiang the government has woven a web of surveillance, with checkpoints, high-definition cameras, facial scanners and street patrols; the region spent $9.1 billion on domestic security in 2017, a 92% increase from 2016, according to local government budget data.

Spending across the country on domestic security rose 12.4% last year; in 2016, spending increased 17.6%, official data show.

The budget for domestic security covers regular and paramilitary police, courts, prosecutors and prisons. Chinese authorities are experimenting with cutting-edge tracking tools, tapping social-media accounts to punish politically incorrect speech and, in some places, trying to get residents to inform on each other using smartphone apps.

The Finance Ministry stopped including the domestic-security budget in its annual report in 2013, after media reports highlighted its growth. This year, the number appeared only as a percentage of the total budget in a graph and wasn’t mentioned in the text. It isn’t clear why the ministry decided to publish the number again.

Chinese President Xi Jinping, shown arriving for the opening session of the National People's Congress in Beijing on Monday, has moved to consolidate authority and boost the Communist Party.
Chinese President Xi Jinping, shown arriving for the opening session of the National People’s Congress in Beijing on Monday, has moved to consolidate authority and boost the Communist Party. PHOTO: DAMIR SAGOLJ/REUTERS

The budget report was released as China’s National People’s Congress convenes in Beijing, where delegates are set to approve changes to the country’s constitution that would permit Mr. Xi to remain president indefinitely.

Premier Li Keqiang, addressing the legislature on Monday in an annual government work report, highlighted a crime crackdown called the “Peaceful China initiative,” vowing to stamp out terrorism, violent crime, pornography, gambling and other ills.

“With these steps we will safeguard national and public security,” he said.

The security escalation is particularly striking in Xinjiang, in China’s far west, where the government has armed tens of thousands of police with the latest technology. Cameras and checkpoints blanket the region’s cities and villages, and street patrols use hand-held devices to scan ID cards and smartphones.

Authorities have invested in data platforms used to identify “unsafe” members of the region’s Uighur population, and in construction of a network of detention centers.

Xinjiang’s police are also engaged in a blood-collection effort designed to further expand China’s DNA database, already the world’s largest.

Per capita security spending in Xinjiang and the Tibetan Autonomous Region to the south are comparable to the national average in the U.S., with adjustments for differences in costs for personnel and equipment, said Mr. Zenz. The U.S. spends around $520 per person on policing and other forms of law enforcement, Mr. Zenz said.

Children and police watch passing Buddhist monks during a ceremony on March 1 in China’s Tibetan Autonomous Region, where authorities have invested in surveillance and policing.
Children and police watch passing Buddhist monks during a ceremony on March 1 in China’s Tibetan Autonomous Region, where authorities have invested in surveillance and policing. PHOTO: JOHANNES EISELE/AGENCE FRANCE-PRESSE/GETTY IMAGES

Chinese officials say the increase in surveillance in Xinjiang and Tibet is necessary to snuff out separatist movements among minority groups they say are influenced by hostile forces abroad. Human-rights groups say discriminatory policies in both regions are partly to blame for ethnic strife and that the heavy security exacerbates the tension.

China’s military is also investing to develop its capabilities and this week unveiled its largest annual increase in outlay in three years—an 8.1% rise, after a 7% bump in 2017.

That pales with the ramp-up in policing at home.“Growth in China’s defense budget remains in the single digits, and broadly in line with economic conditions,” said William Choong, an Asian security specialist at the International Institute for Strategic Studies in London, a global affairs think tank.“A one-percentage-point increase isn’t much to shout about.”

In China, as in many other countries, actual spending on internal and external security is likely higher than official budget numbers suggest, according to Mr. Zenz and other analysts.

Chinese police in the old city of Kashgar, Xinjiang, where surveillance has escalated to monitor the local Uighur population.
Chinese police in the old city of Kashgar, Xinjiang, where surveillance has escalated to monitor the local Uighur population. PHOTO: GIULIA MARCHI FOR THE WALL STREET JOURNAL

The Ministry of Finance said in its budget report that domestic security spending would decrease slightly as a proportion of total spending this year. That is based on the budget; last year domestic security agencies went 22.9% over budget, according to the National Bureau of Statistics.

Neither the Ministry of Finance nor the Ministry of Public Security responded to requests for comment.

A significant portion of this year’s expenses likely came from payments for infrastructure such as new police stations and big-data platforms, said Mr. Zenz.

His research into the growing security apparatus in Xinjiang and elsewhere has included the compiling of authorities’ advertising for new police positions. In Xinjiang, around 100,000 new positions were announced in a one-year period to September 2017, and the advertising for more police continues, he said.

Corrections & Amplifications 
The U.S. spends around $520 per person on policing and other forms of law enforcement, according to Adrian Zenz. An earlier version of this article incorrectly stated that sum to be about $570 per person. (March 6)

https://www.wsj.com/articles/china-spends-more-on-domestic-security-as-xis-powers-grow-1520358522

 

Story 2: President Trump and Swedish Prime Minister Stefan Löfven Joint Press Conference — Videos —

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

See the source image

Image result for countries exports and imports percentages of gdp

President Donald Trump, Swedish PM Lofven hold joint news conference | ABC News

Lawmakers look to fine tune Trump’s tariff proposal

Trade Barriers

Non-tariff barriers

What is a non-tariff barrier?

How Tariffs Work – International Economics

Top 10 Best Steel Manufacturing Companies in The World

How China is Driving a Global Steel Crisis

Steel Overcapacity A Global Issue: China steps up efforts to reduce production

INDIA is No 1 in STEEL Production country overtaking CHINA and USA

India s steel war with Chinese metal makers BBC News

Democratic congresswoman voices support for steel tariffs

Peter Navarro talks Trump tariffs

Tariffs and Protectionism

Commerce Secretary Wilbur Ross On Tariffs And Trade Policy | CNBC

Trump trade czar on tariffs: No country exclusions

How a Trump steel tariff may affect your sweet desserts

Justin Trudeau responds to Trump’s proposed tariffs on steel, aluminum

How Trump’s tariffs could backfire on the U.S. economy

Gary Cohn steps down as GOP urges Trump restraint on tariffs

Gary Cohn may depart White House in 2018: sources

Trump Nominates Jerome Powell as Fed Chairman

Fed Chair On Strong Outlook, New Rates Forecast

Fed Chair Janet Yellen meets with Gary Cohn at White House

Why Gary Cohn decided to stay in the White House

 

Stefan Löfven

Kjell Stefan Löfven (Swedish pronunciation: [ˈsteːfan lœˈveːn]; born 21 July 1957) is a Swedish politician who has been the Prime Minister of Sweden since 2014 and the Leader of the Social Democrats since 2012.[1]

Prior to becoming Prime Minister and Leader of the Social Democrats, Löfven had worked as a welder before becoming an active trade unionist. He rose to become chairman of the trade union IF Metall from 2006 until being elected Leader of the Social Democrats in 2012.[2][3]

Early life and education

Löfven was born 21 July 1957 in Aspudden district, Stockholm. He was placed in an orphanage 10 months after his birth. Löfven was later looked after by a foster family from Sunnersta, Sollefteå. According to the agreement with this family, his birth mother would regain custody of him when she was able to; however, this did not happen. After meeting his brother, Stefan found out that his last name is Löfven, (spelled as Löfvén, in the Swedish population register).[4]

His foster father Ture Melander (1926–2003) was a lumberjack and then a factory worker, while his foster mother, Iris Melander (1929– ), worked as a health visitor.[5] He studied at Sollefteå High School before going on a welding course for 48 weeks at AMU in Kramfors. Löfven studied social work at Umeå University, but dropped out after a year and a half.[4]

Trade unionist

After completing his compulsory military service in the Swedish Air Force at the F 4 Frösön airbase 1976-77, Löfven began his career in 1978 as a welder at Hägglunds in Örnsköldsvik. Two years later he was chosen as the group’s union representative, and went on to hold a succession of union posts. In 1995 he started as an employed ombudsman in the Swedish Metalworkers’ Union, working in the areas of contract negotiations and international affairs. In 2001 he was elected vice-chairman of the Metalworkers’ Union, and in November 2005 was elected as the first chairman of the newly formed trade union IF Metall.[2]

Political career

Stefan Löfven elected to become the party’s new leader on 27 January 2012.

Löfven has been a member of the Social Democrats since the age of 13 and was active in SSU, the youth league, in his teens. Löfven was elected to the executive board of the Social Democrats in 2006, shortly after becoming chairman of trade union IF Metall.

Leader of the Social Democrats

In January 2012, following the resignation of Håkan Juholt, it was reported that Löfven was being considered as his successor. On 26 January 2012 the executive board nominated Löfven to become the party’s new leader[6][7][8] On 27 January 2012, Löfven was elected Leader in a party-room ballot.[9][10] Löfven was confirmed as party leader at the party’s bi-annual congress on 4 April 2013.[11]

Löfven led his party through the 2014 European Parliament election where the Social Democrats retained their position as the largest party from Sweden in the European Parliament. However, the election results at 24.19% was a slightly inferior than the result in 2009 European Parliament election, the party’s seats in the European Parliament was reduced from six to five[12] and the party’s results was the lowest in an election at the national level since universal suffrage was introduced in 1921.

Prime Minister

Main article: Premiership of Stefan Löfven

Stefan Löfven and his Cabinet on 3 October 2014.

Löfven led his party through the September 2014 general election, which resulted in a hung parliament.[13] The election result of 31.0% – up from 30.7% – was slightly better than the result in the 2010 general election but the result was also the party’s second worst result in a general election to the Riksdag since universal suffrage was introduced in 1921.

He announced that he would form a minority coalition government consisting his own party and the Green Party. On 2 October 2014, the Riksdag approved Löfven to become Prime Minister,[14] and he took office on 3 October 2014 alongside his Cabinet. The Social Democrats and the Green Party voted in favour of Löfven becoming Prime Minister, while close ally the Left Party abstained. The opposition Alliance-parties also abstained while the far-right Sweden Democrats voted against.

Löfven has also expressed a desire for bipartisan agreement between the Government and the opposition Alliance parties and together they have marked three areas where enhanced cooperation will be initiated. The three areas are the pension system, future energy development, and security and defence policy.

Domestic policy

The Stockholm Pride parade, 2 August 2014

2014 Government crisis

The Government is a minority coalition government and the Government’s budget was introduced to the Riksdag on 23 October 2014. The Left Party, which had been given influence over the budget, supported the budget. The non-socialist coalition, the Alliance, introduced a competing budget to the Riksdag on 10 November 2014, as promised prior to the 2014 general election, and the Sweden Democrats also introduced their own budget on 10 November 2014.

According to Riksdag practice the parties support their own budget and if the budget falls they abstains from voting. However, on 2 December 2014, the far-right Sweden Democrats announced that, after their own budget fell in the first voting round, they would support the Alliance parties’ budget in the second voting round, thus giving that budget a majority in the Riksdag.

On 3 December 2014, the Government’s budget was voted down by the Alliance parties and the Sweden Democrats and as a consequence, Löfven announced that he would call for a fresh election to be held on 22 March 2015.[15]

On 22 December 2014, sources within the Riksdag leaked information that the Government was negotiating with the Alliance parties (Moderate PartyCentre PartyLiberal People’s Party and the Christian Democrats) to find a solution and to avoid a fresh election.[16] On 27 December 2014, the Government and the Alliance parties held a joint press conference where they announced that the six major parties had reached an agreement designed to ensure that minority governments would be able to get their own budget through the Riksdag. The agreement, dubbed “Decemberöverenskommelsen” (December Agreement), was called historical by Löfven and will be in force until the 2022 general election, regardless of the results of the next general election due to be held in 2018.[17][not in citation given]Subsequently, Löfven announced that he no longer intended to call a snap election.[18] The centre-right Alliance withdrew from the agreements in 2015, but allowed the minority government to continue governing.

2015 European migrant crisis

In 2015, when a rising number of refugees and migrants[19] began to make the journey to the European Union to seek asylum, Europe was hit by a migrant crisis and Sweden allowed over 150,000 refugees to cross borders into the country in 2015.

During the autumn of 2015, the reception of refugees increased significantly to over 80,000 in two months and with terror group Islamic state rampage in the Middle East and the following attacks in Paris in November 2015, the cabinet of Löfven introduced revolutionary changes to Sweden’s migration policy. On 23 October 2015, a bipartisan migration agreement was signed between the cabinet parties and the oppositional Moderate Party, the Centre Party, the Liberals and the Christian Democrats which included, among many other changes, temporary residency permits, total supply requirements for family reunification and by law forcing municipalities to accept refugees, which is distributed, throughout Sweden.[20]

On 12 November 2015, the cabinet introduced temporary border controls with immediate effect. The cabinet also proposed identity checks for every individual passing the Danish-Swedish border and closing of the Öresund Bridge, giving up the latter on 8 December 2015 after severe criticism.[21] On 17 December 2015, the Riksdag passed legislation to introduce identity checks with the votes 175 in favor, 39 against and 135 abstained.[22] On 4 January 2016, the identity checks was introduced,[23] which means that people who can not show a valid identity card, license or passport are not allowed to cross the border into Sweden, breaking with the Nordic Passport Union for the first time since 1954. Only twelve hours later the Danish Prime Minister Lars Løkke Rasmussen announced that Denmark will implement temporary border controls along the German-Danish border with immediate effect as a consequence of Sweden’s identity checks.[24]

2017 National Security crisis

In July 2017, it became known to the public that Maria Ågren, a former Director-General of the Swedish Transport Agency, had been investigated after having cleared confidential information threatening the security of the country. The act was made in connection with a procurement of IT services with a non-governmental company in 2015. Among the cleared data were wanted vehicles, armored vehicles, the entire Swedish vehicles register, Swedish company secrets, the Swedish police criminal record- and suspicion registers, the Swedish state’s internal security system and information about agents within the Swedish Military Intelligence and Security Service.[25]

Several days after it first became public, Löfven held a press conference on 24 July 2017 where he said that “there’s been an accident at the Transport Agency”.[26] Responsible cabinet minister Anna Johansson said she had been aware of the situation since January 2017 and blamed her former state secretary Erik Bromander for not having informed her earlier.[27] Cabinet ministers Anders Ygeman and Peter Hultqvist were reported to have been aware of the situation since the beginning of 2016, but chose not to inform the head of government.[28]

All parties within the Swedish opposition have opened up for a vote of confidence against cabinet ministers Anna JohanssonAnders Ygeman and Peter Hultqvist in order to remove them from office, with some parties calling for vote of confidence against Löfven as Prime Minister. Such a vote would, if supported by several parties, result in a removal of the Löfven cabinet.[29] In a press conference on 27 July Löfven announced a government reshuffling with Ygeman and Johansson resigning. He also stated that he would not resign himself over the incident.

Same-sex marriage

Löfven does not believe a priest working for the Church of Sweden should be allowed to refuse to wed same-sex couples. [30][31][32]

Foreign policy

Foreign trips made by Stefan Löfven as Prime Minister (as of 3 January 2015)

In his Policy Statement, introduced to the Riksdag on 3 October 2014, Löfven said that his Government would recognize the State of Palestine. On 30 October 2014 the Government, through Minister for Foreign Affairs Margot Wallström, announced that the Government had decided to officially recognize the State of Palestine and explained the recognition by saying that it is the only solution to get to a two-state solution between Israel and the State of Palestine. Sweden is the first country within the European Union to do so after gaining membership (with other members, such as Poland, withholding recognition previously issued under Communist rule).[33] Israel called the move unconsidered and Israel recalled its ambassador, Isaac Bachman, following the recognition. Bachman returned to Sweden on 29 November 2014.[34] In December 2015 Löfven caused an outrage in Israel by claiming that stabbing attacks are not considered terrorism by international standards. Later he reiterated himself, explaining that it is now known that the stabbing attacks are sanctioned by some terror organisations.[35]

Löfven with Iranian Supreme Leader Ali Khamenei, 11 February 2017

Löfven has said that the ongoing negotiations of the Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States are very important and that it is in Sweden’s interest that the managed trade agreement is implemented. However, he has said that the managed trade agreement shall not aggravate social conditions or human rights, which should be a high priority while negotiating.[36]

Löfven visited Iran in February 2017 and held talks with Ali Khamenei to improve economic relations.[37]

Personal life

Löfven enjoys sports and supports the ice hockey club Modo from Örnsköldsvik[38] and the football clubs Tottenham Hotspur[39] and GIF Sundsvall.[40]

References

https://en.wikipedia.org/wiki/Stefan_L%C3%B6fven

 

Story 3: Director of the National Economic Council Gary Cohn Resigns — Was Not Made Chairman of Federal Reserve — Video —

 

 

Gary Cohn (investment banker)

From Wikipedia, the free encyclopedia
Gary Cohn
Gary Cohn at Regional Media Day (cropped).png
11th Director of the National Economic Council
Assumed office
January 20, 2017
President Donald Trump
Preceded by Jeffrey Zients
Personal details
Born August 27, 1960 (age 57)
ClevelandOhio, U.S.
Political party Democratic
Spouse(s) Lisa Pevaroff
Children 3
Education American University (BA)

Gary David Cohn (born August 27, 1960) is an American investment banker who serves as the 11th Director of the National Economic Council and is chief economic advisor to President Donald Trump.[1][2] He was formerly the president and chief operating officer of Goldman Sachs from 2006 to 2017. Cohn is a registered Democrat, but has donated extensively to Republican politicians as well.[3][4][5]

Cohn was considered one of the most influential voices in the Trump administration.[6] On March 6, 2018, it was reported that Cohn planned to resign his position in the coming weeks.[7]

Early life

Gary Cohn was born to an Eastern European Jewish family,[8][9] the son of Victor and Ellen Cohn;[10] and was raised in Shaker Heights, Ohio. His father was an electrician who later became a real estate developer.[11] Cohn was diagnosed with dyslexia at a young age and attended four schools by the time he reached the sixth grade.[12] Cohn studied at Gilmour Academy, and attended American University‘s Kogod School of Business between Fall 1979 and Spring 1982, graduating on 16 May 1982 with a Bachelor of Science in Business Administration with a major in Finance, Real Estate and Urban Development.

Business career

Cohn started his career at the U.S. Steel home products division in Cleveland, Ohio.[13] After a few months, he left U.S. Steel and became an options dealer in the New York Mercantile Exchange.[13] He taught himself the basics of options by reading about it in the days between meeting the hiring manager and joining the New York Mercantile Exchange.[14]

Goldman Sachs

Cohn was recruited by Goldman Sachs in 1990.[15] In 1996, he was named head of the commodities department and in 2002, he was named the head of the entire Fixed Income, Currency and Commodities (FICC) division. In 2003, he was named co-head of Equities and in January 2004, Cohn was named the co-head of global securities businesses.[16] He became President and Co-Chief Operating Officer and director in June 2006.[17]

In late 2009, Cohn led a delegation from Goldman Sachs to meetings with the government of Greece, which included proposals (that were not adopted) to push debt-due dates far into the future, “much as when strapped homeowners take out second mortgages to pay off their credit cards.”[18] Goldman Sachs had been scrutinized for creating or pitching products used by Greece to “obscure billions in debt from the budget overseers in Brussels”.[18]

Cohn at the World Economic Forum Annual Meeting in 2010

In 2010, Cohn testified to Congress on the role of Goldman Sachs in the financial crisis of 2007–2008.[19] Cohn testified: “During the two years of the financial crisis, Goldman Sachs lost $1.2 billion in its residential mortgage-related business. We did not ‘bet against our clients,’ and the numbers underscore this fact.”[20]

Compensation

Cohn’s salary at Goldman Sachs was US$22 million in 2014.[21] He received $21 million in 2015.[22]

He received a severance package worth around $285 million – mostly in stock – from Goldman Sachs upon leaving to join the administration of Donald Trump.[23] In the administration he took a salary of $30,000, considerably less than every other high ranking administration official.[24][25][26]

National Economic Council director

On January 20, 2017 Cohn took office as Director of the National Economic Council (NEC) in President Donald Trump‘s administration, a position which did not require Congressional confirmation. By February 11, 2017, The Wall Street Journal described Cohn as an “economic-policy powerhouse”[27][28] and The New York Times called him Trump’s “go-to figure on matters related to jobs, business and growth”.[29] With the confirmation of Trump’s December 12, 2016 nominee for Secretary of TreasurySteven Mnuchin, being held back by Congressional hearings, Cohn filled in the “personnel vacuum” and pushed “ahead on taxes, infrastructure, financial regulation and replacing health-care law”.[27]Had Cohn stayed at Goldman Sachs, some believed he would have become CEO when Lloyd Blankfein vacated that office.[27] His severance package at Goldman Sachs amounted to $285 million.[23] Additionally, Cohn sold a stake valued at $16 million in the Industrial and Commercial Bank of China, the world’s largest bank as of 2017.[30]

Cohn supports reinstating the Glass-Steagall legislation, which would separate commercial and investment banking.[31][32]

Under the Trump administration Cohn has been cited by the press as a supporter of globalism and has been given nicknames such as “Globalist Gary” and “Carbon Tax Cohn”.[33] Along with Jared KushnerIvanka Trump and Dina Powell they have been referred to by opponents as the “Wall Street-wing” of the Trump administration.[33] He was stated as being at odds with the populist faction that was led by Steven Bannon when Bannon was White House Chief Strategist.[33][34]

Cohn withstood pressure to resign from his job following President Trump’s speech blaming both sides for violence between white supremacists and groups such as ANTIFA protesting against them during the 2017 Charlottesville rally (Cohn was standing right behind President Trump as he made his controversial statement). He did not resign.[35]

Personality and work style

Critics of Cohn attribute to him an arrogant, aggressive, abrasive and risk-prone work style. They see his “6-foot 3-inch & 220lbs” as intimidating, as he might “sometimes hike up one leg, plant his foot on a trader’s desk, his thigh close to the employee’s face and ask how markets were doing.”[15] According to former Bear Stearns Asset Management CEO Richard Marin, Cohn’s arrogance is at the root of the problem. “When you become arrogant, in a trading sense, you begin to think that everybody’s a counterparty, not a customer, not a client.”[15]

Cohn’s supporters see these qualities as advantages. Michael Ovitz, co-founder and former chairman of Creative Artists Agency and former president of The Walt Disney Company, stated that he is impressed with Cohn. Ovitz said: “He’s a trader. He has that whole feel in his body and brain and fingertips.”[15] Ovitz sees Cohn’s toughness as a “positive” value, explaining that a high-ranking executive can’t be “all peaches and cream.”[11][15]

Donna Redel, who was Chairman of the Board of the New York Mercantile Exchange when Cohn worked there as a silver trader, remembers Cohn as “firm,” “strategic” and “driven.” Martin Greenberg, her predecessor, said Cohn “was tough,” and added that “Gary got in with the right people, worked his ass off and used his head.”[15]

Personal life

Cohn is married to Lisa A Pevaroff-Cohn.[36][37][38] They have three daughters and reside in New York City.[10][13]

Philanthropy

Cohn and his wife are founding board members of the New York University Child Study Center. The couple funded the Pevaroff Cohn Professorship in Child and Adolescent Psychiatry at the New York University School of Medicine in 1999. He financed the Gary D. Cohn Endowed Research Professorship in Finance at American University, his alma mater.[39]

In 2009, the Hillel International building at Kent State University was named the Cohn Jewish Student Center in recognition of a gift from Cohn and his wife.[40] It is the first Hillel building built directly on the campus of a state university.[41]

Cohn has been a supporter of Reviving Baseball in Inner Cities and has supported Harlem RBI since 2011. At that time, Harlem RBI was given the chance to build its own charter school. Mark Teixeira of the New York Yankees and Harlem RBI director Rich Berlin asked Cohn if he could help them raise the capital they needed to build the school.[42]

Cohn is active as a trustee of his alma materAmerican University, and of his school, Gilmour Academy.[43]

In 2010, the Hospital for Joint Diseases at NYU Langone Medical Center named Cohn the chairman of the HJD Advisory Board.[44]

On June 17, 2013, Cohn was honored at the annual “Bid for Kids” gala in order to raise funds for Harlem RBI and the DREAM charter school. Cohn said in an interview that Harlem RBI is a project that is “very near and dear to his heart.”[42]

Memberships

Cohn is a member of the Jewish Federation of Palm Beach County.[45]

Cohn is a member of the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association.[46]

Paradise Papers controversy

In November 2017 an investigation conducted by the International Consortium of Investigative Journalism cited his name in the list of politicians named in “Paradise Papers” allegations.[47]

References

https://en.wikipedia.org/wiki/Gary_Cohn_(investment_banker)

Gary Cohn resigns as Trump’s top economic advisor

  • Gary Cohn has resigned as White House chief economic advisor.
  • Cohn’s planned departure comes on the heels of a decision by President Donald Trump to impose stiff tariffs on steel and aluminum imports.
  • The former Goldman Sachs president had strongly opposed tariffs.

Director of the National Economic Council Gary Cohn listens during a meeting between President Donald Trump and congressional members in the Cabinet Room of the White House February 13, 2018 in Washington, DC.

Gary Cohn plans to resign  

White House chief economic advisor Gary Cohn has resigned from President Donald Trump’s administration.

The former Goldman Sachs president and free trade advocate Cohn, whose departure date will come in a few weeks, decided to quit after Trump announced he would impose stiff tariffs on steel and aluminum imports.

In a prepared statement, Cohn said, “It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform.”

“I am grateful to the President for giving me this opportunity and wish him and the Administration great success in the future,” Cohn said.

In his own statement, Trump said, “Gary has been my chief economic advisor and did a superb job in driving our agenda, helping to deliver historic tax cuts and reforms and unleashing the American economy once again.

“He is a rare talent, and I thank him for his dedicated service to the American people.”

Cohn clashed with Trump’s protectionist advisors on the issue of tariffs.

Director of the National Economic Council Gary Cohn

Cohn’s departure strong indicator Trump will go through with tariffs  

At a meeting with steel and aluminum executives last Thursday where Trump announced the move, Cohn argued against it, warning about price increases for steel and aluminum products, according to a person in the room.

An Axios reporter Thursday reported via Twitter that last Thursday Trump canceled a meeting that Cohn arranged for him with companies that use steel and aluminum in their products, in an effort to dissuade the president from imposing the tariffs.

Am told Trump had cancelled the last-ditch meeting Gary had arranged on Thursday with the downstream steel and aluminum companies. https://twitter.com/jonathanvswan/status/971152098493632519 

However, White House officials told CNBC earlier Tuesday that if Cohn were to resign it would not be only due to the president’s decision on tariffs.

White House officials told me this afternoon that IF Gary Cohn leaves it won’t only be because of the tariff decision. They were clearly laying the groundwork for this news.

Market watchers saw Cohn’s potential departure as a bad omen for the White House’s economic policy. He helped to shepherd massive tax cuts, the Trump administration’s only major legislative achievement, which the president signed into law in December.

Gary Cohn deserves credit for serving his country in a first class way. I’m sure I join many others who are disappointed to see him leave.

Cohn also faced pressure to step down following Trump’s defiant response to violence at a white nationalist rally in August. In an FT interview published that month, Cohn said he faced pressure both to leave Trump’s White House and to stay in it. He even drafted a resignation letter, according to The New York Times.

The economic advisor told the FT that the White House “must do better” following Trump’s widely criticized response to violence at the white nationalist rally in Charlottesville, Virginia.

The interview may not have helped his case with the president.

The president’s chaotic Trump Tower press conference in which Trump appeared to equate torch-bearing white nationalists with the protesters who demonstrated against them also fueled the possibility of Cohn, who is Jewish, resigning. “Not all” the people participating in the rally were bad, the president told reporters three days after a counterprotester was killed in a car ramming, allegedly by a suspected white supremacist.

“Citizens standing up for equality and freedom can never be equated with white supremacists, neo-Nazis, and the K.K.K.,” Cohn told the FT. “I believe this administration can and must do better in consistently and unequivocally condemning these groups and do everything we can to heal the deep divisions that exist in our communities.”

Cohn was Goldman’s no. 2 executive when Trump named him as his top economic advisor. Trump offered the former Goldman Sachs president the key economic post on Dec. 9, despite bashing the firm during the 2016 campaign. Cohn also had been seen as a possible chairman of the Federal Reserve.

CNBC’s Eamon Javers contributed to this report.

https://www.cnbc.com/2018/03/06/gary-cohn-plans-to-resign-as-trumps-top-economic-advisor-new-york-times.html

 Story 4: Federal Reserve Monetary Policy Under Fed Chair Jerome Powell — Videos

Fed Chair Jerome Powell: We’re Focused On Monetary Policy, Not Fiscal Policy | CNBC

Rep. Hensarling on Powell Testimony, Infrastructure, Regulation

Federal Reserve Chair Jerome Powell Testifies – Thursday March 1, 2018 | CNBC

Federal Reserve Chair Jerome Powell Testifies – Tuesday February 27, 2018 | CNBC

Here’s Everything You Need To Know About Jerome Powell, The Federal Reserve’s 16th Chairman | CNBC

Who is Jerome Powell?

Federal Reserve Gov. Jay Powell Sees `Slack’ in Economy, Room for Patience

David Stockman – Market Crash Will Be A Doozy – 28 Feb 18 | Gazunda

Jeffrey Gundlach – We Don’t See A Recession On The Horizon – 23 Feb 18 | Gazundach

Jeffrey Gundlach // Unwinding Fed’s balance sheet could hurt stocks

Bill Gross on Jerome Powell as Fed Chair and Bond Yields

 

 

 

 

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Shows 1041-1043

Listen To Pronk Pops Podcast or Download Shows 1033-1040

Listen To Pronk Pops Podcast or Download Shows 1023-1032

Listen To Pronk Pops Podcast or Download Shows 1017-1022

Listen To Pronk Pops Podcast or Download Shows 1010-1016

Listen To Pronk Pops Podcast or Download Shows 1001-1009

Listen To Pronk Pops Podcast or Download Shows 993-1000

Listen To Pronk Pops Podcast or Download Shows 984-992

Listen To Pronk Pops Podcast or Download Shows 977-983

Listen To Pronk Pops Podcast or Download Shows 970-976

Listen To Pronk Pops Podcast or Download Shows 963-969

Listen To Pronk Pops Podcast or Download Shows 955-962

Listen To Pronk Pops Podcast or Download Shows 946-954

Listen To Pronk Pops Podcast or Download Shows 938-945

Listen To Pronk Pops Podcast or Download Shows 926-937

Listen To Pronk Pops Podcast or Download Shows 916-925

Listen To Pronk Pops Podcast or Download Shows 906-915

Listen To Pronk Pops Podcast or Download Shows 889-896

Listen To Pronk Pops Podcast or Download Shows 884-888

Listen To Pronk Pops Podcast or Download Shows 878-883

Listen To Pronk Pops Podcast or Download Shows 870-877

Listen To Pronk Pops Podcast or Download Shows 864-869

Listen To Pronk Pops Podcast or Download Shows 857-863

Listen To Pronk Pops Podcast or Download Shows 850-856

Listen To Pronk Pops Podcast or Download Shows 845-849

Listen To Pronk Pops Podcast or Download Shows 840-844

Listen To Pronk Pops Podcast or Download Shows 833-839

Listen To Pronk Pops Podcast or Download Shows 827-832

Listen To Pronk Pops Podcast or Download Shows 821-826

Listen To Pronk Pops Podcast or Download Shows 815-820

Listen To Pronk Pops Podcast or Download Shows 806-814

Listen To Pronk Pops Podcast or Download Shows 800-805

Listen To Pronk Pops Podcast or Download Shows 793-799

Listen To Pronk Pops Podcast or Download Shows 785-792

Listen To Pronk Pops Podcast or Download Shows 777-784

Listen To Pronk Pops Podcast or Download Shows 769-776

Listen To Pronk Pops Podcast or Download Shows 759-768

Listen To Pronk Pops Podcast or Download Shows 751-758

Listen To Pronk Pops Podcast or Download Shows 745-750

Listen To Pronk Pops Podcast or Download Shows 738-744

Listen To Pronk Pops Podcast or Download Shows 732-737

Listen To Pronk Pops Podcast or Download Shows 727-731

Listen To Pronk Pops Podcast or Download Shows 720-726

Listen To Pronk Pops Podcast or DownloadShows 713-719

Listen To Pronk Pops Podcast or DownloadShows 705-712

Listen To Pronk Pops Podcast or Download Shows 695-704

Listen To Pronk Pops Podcast or Download Shows 685-694

Listen To Pronk Pops Podcast or Download Shows 675-684

Listen To Pronk Pops Podcast or Download Shows 668-674

Listen To Pronk Pops Podcast or Download Shows 660-667

Listen To Pronk Pops Podcast or Download Shows 651-659

Listen To Pronk Pops Podcast or Download Shows 644-650

Listen To Pronk Pops Podcast or Download Shows 637-643

Listen To Pronk Pops Podcast or Download Shows 629-636

Listen To Pronk Pops Podcast or Download Shows 617-628

Listen To Pronk Pops Podcast or Download Shows 608-616

Listen To Pronk Pops Podcast or Download Shows 599-607

Listen To Pronk Pops Podcast or Download Shows 590-598

Listen To Pronk Pops Podcast or Download Shows 585- 589

Listen To Pronk Pops Podcast or Download Shows 575-584

Listen To Pronk Pops Podcast or Download Shows 565-574

Listen To Pronk Pops Podcast or Download Shows 556-564

Listen To Pronk Pops Podcast or Download Shows 546-555

Listen To Pronk Pops Podcast or Download Shows 538-545

Listen To Pronk Pops Podcast or Download Shows 532-537

Listen To Pronk Pops Podcast or Download Shows 526-531

Listen To Pronk Pops Podcast or Download Shows 519-525

Listen To Pronk Pops Podcast or Download Shows 510-518

Listen To Pronk Pops Podcast or Download Shows 500-509

Listen To Pronk Pops Podcast or Download Shows 490-499

Listen To Pronk Pops Podcast or Download Shows 480-489

Listen To Pronk Pops Podcast or Download Shows 473-479

Listen To Pronk Pops Podcast or Download Shows 464-472

Listen To Pronk Pops Podcast or Download Shows 455-463

Listen To Pronk Pops Podcast or Download Shows 447-454

Listen To Pronk Pops Podcast or Download Shows 439-446

Listen To Pronk Pops Podcast or Download Shows 431-438

Listen To Pronk Pops Podcast or Download Shows 422-430

Listen To Pronk Pops Podcast or Download Shows 414-421

Listen To Pronk Pops Podcast or Download Shows 408-413

Listen To Pronk Pops Podcast or Download Shows 400-407

Listen To Pronk Pops Podcast or Download Shows 391-399

Listen To Pronk Pops Podcast or Download Shows 383-390

Listen To Pronk Pops Podcast or Download Shows 376-382

Listen To Pronk Pops Podcast or Download Shows 369-375

Listen To Pronk Pops Podcast or Download Shows 360-368

Listen To Pronk Pops Podcast or Download Shows 354-359

Listen To Pronk Pops Podcast or Download Shows 346-353

Listen To Pronk Pops Podcast or Download Shows 338-345

Listen To Pronk Pops Podcast or Download Shows 328-337

Listen To Pronk Pops Podcast or Download Shows 319-327

Listen To Pronk Pops Podcast or Download Shows 307-318

Listen To Pronk Pops Podcast or Download Shows 296-306

Listen To Pronk Pops Podcast or Download Shows 287-295

Listen To Pronk Pops Podcast or Download Shows 277-286

Listen To Pronk Pops Podcast or Download Shows 264-276

Listen To Pronk Pops Podcast or Download Shows 250-263

Listen To Pronk Pops Podcast or Download Shows 236-249

Listen To Pronk Pops Podcast or Download Shows 222-235

Listen To Pronk Pops Podcast or Download Shows 211-221

Listen To Pronk Pops Podcast or Download Shows 202-210

Listen To Pronk Pops Podcast or Download Shows 194-201

Listen To Pronk Pops Podcast or Download Shows 184-193

Listen To Pronk Pops Podcast or Download Shows 174-183

Listen To Pronk Pops Podcast or Download Shows 165-173

Listen To Pronk Pops Podcast or Download Shows 158-164

Listen To Pronk Pops Podcast or Download Shows 151-157

Listen To Pronk Pops Podcast or Download Shows 143-150

Listen To Pronk Pops Podcast or Download Shows 135-142

Listen To Pronk Pops Podcast or Download Shows 131-134

Listen To Pronk Pops Podcast or Download Shows 124-130

Listen To Pronk Pops Podcast or Download Shows 121-123

Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

Listen To Pronk Pops Podcast or Download Shows 104-105

Listen To Pronk Pops Podcast or Download Shows 101-103

Listen To Pronk Pops Podcast or Download Shows 98-100

Listen To Pronk Pops Podcast or Download Shows 94-97

Listen To Pronk Pops Podcast or Download Show 93

Listen To Pronk Pops Podcast or Download Show 92

Listen To Pronk Pops Podcast or Download Show 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

Listen To Pronk Pops Podcast or Download Shows 49-51

Listen To Pronk Pops Podcast or Download Shows 45-48

Listen To Pronk Pops Podcast or Download Shows 41-44

Listen To Pronk Pops Podcast or Download Shows 38-40

Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

Listen To Pronk Pops Podcast or Download Shows 16-22

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

Read Full Post | Make a Comment ( None so far )

The Pronk Pops Show 1042, March 1, 2018,  Story 1: Trump Declares Trade War With Huge Tax/Tariff Increase on Steel and Aluminum Imports — Government Intervention or Meddling Is Not The Answer — Currency Wars Lead To Trade Wars Lead To Real Wars — Competition and Consumer Sovereignty Is The Answer — Big Government Interventionist Trump The New Hoover/Roosevelt/Nixon Progressive Interventionist and Big Spender — Decline and Fall of The American Empire — QT — Quantitative Tightening and Inflation — Videos — Story 2: New Cold War and Arms Race Between United States and Russia — Targeting Trump in Florida — Videos

Posted on March 2, 2018. Filed under: American History, Blogroll, Breaking News, Budgetary Policy, Communications, Congress, Corruption, Countries, Crime, Donald J. Trump, Donald J. Trump, Donald J. Trump, Donald Trump, Donald Trump, Economics, Education, Empires, Employment, First Amendment, Fiscal Policy, Food, Fourth Amendment, Free Trade, Freedom of Speech, Government, History, House of Representatives, Labor Economics, Monetary Policy, People, Philosophy, Photos, Politics, President Trump, Progressives, Radio, Raymond Thomas Pronk, Second Amendment, Senate, Tax Policy, Trade Policy, Transportation, United States Constitution, United States of America, Videos, Violence, Wall Street Journal, War, Wealth, Weather, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , |

 Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 1042, March 1, 2018

Pronk Pops Show 1041, February 28, 2018

Pronk Pops Show 1040, February 27, 2018

Pronk Pops Show 1039, February 26, 2018

Pronk Pops Show 1038, February 23, 2018

Pronk Pops Show 1037, February 22, 2018

Pronk Pops Show 1036, February 21, 2018

Pronk Pops Show 1035, February 16, 2018

Pronk Pops Show 1034, February 15, 2018  

Pronk Pops Show 1033, February 14, 2018  

Pronk Pops Show 1032, February 13, 2018

Pronk Pops Show 1031, February 12, 2018

Pronk Pops Show 1030, February 9, 2018

Pronk Pops Show 1028, February 7, 2018

Pronk Pops Show 1027, February 2, 2018

Pronk Pops Show 1026, February 1, 2018

Pronk Pops Show 1025, January 31, 2018

Pronk Pops Show 1024, January 30, 2018

Pronk Pops Show 1023, January 29, 2018

Pronk Pops Show 1022, January 26, 2018

Pronk Pops Show 1021, January 25, 2018

Pronk Pops Show 1020, January 24, 2018

Pronk Pops Show 1019, January 18, 2018

Pronk Pops Show 1018, January 17, 2018

Pronk Pops Show 1017, January 16, 2018

Pronk Pops Show 1016, January 10, 2018

Pronk Pops Show 1015, January 9, 2018

Pronk Pops Show 1014, January 8, 2018

Pronk Pops Show 1013, December 13, 2017

Pronk Pops Show 1012, December 12, 2017

Pronk Pops Show 1011, December 11, 2017

Pronk Pops Show 1010, December 8, 2017

Pronk Pops Show 1009, December 7, 2017

Pronk Pops Show 1008, December 1, 2017

See the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source imageSee the source image

See the source image

See the source image

See the source imageSee the source imageSee the source imageSee the source image

See the source imageSee the source image

See the source image

 

 Story 1: Trump Declares Trade War With Huge Tax/Tariff Increase on Steel and Aluminum Imports — Government Intervention or Meddling Is Not The Answer — Currency Wars Lead To Trade Wars Lead To Real Wars — Competition and Consumer Sovereignty Is The Answer — Big Government Interventionist Trump The New Hoover/Roosevelt/Nixon Progressive Interventionist and Big Spender — Decline and Fall of The American Empire — QT — Quantitative Tightening and Inflation — Videos

See the source imageSee the source image

Trump’s proposed tariffs raise national security questions

Trump trade czar on tariffs: No country exclusions

Washington reacts to aluminum and steel tariffs

Nucor CEO on tariffs: We’ve been in a trade war for 30 years

Former Nucor CEO Dan DiMicco: Tariffs Completely Justified | CNBC

Trump’s tariffs: ‘Bitter boomers’ debate

Trump’s tariff plan and its effect on small-town USA

Trade war? Trump orders big tariffs on steel, aluminum

Democratic congresswoman voices support for steel tariffs

Steel town waits for President Trump’s promises to come true

One year on, has Trump kept his promise? A Pennsylvania county gives its verdict

Trump warns European Union of retaliation over tariffs

Winners and losers from Trump’s tariffs

What would a U.S.-China trade war look like? | CNBC Explains

Why Chinese Manufacturing Wins

China’s New “Silk Road”: Future MEGAPROJECTS

China’s New Silk Road | DW Documentary

Steel, aluminum import tariffs could spark a trade war

Stocks plummet after President Trump talks tariffs

Trump stands behind tariffs: Trade wars are good

Why steel, aluminium import tariffs caused stocks to plunge

Some countries offer concessions before a trade war: Betsy McCaughey

Bill Gates: Donald Trump Won’t Want To Get Into Tariff ‘Tit For Tat’ With China | Squawk Box | CNBC

The Past and Future of the American Steel Industry Documentary | History TV

Idea of a big downstream effect of tariffs is fake news: Peter Navarro

Wilbur Ross on tariffs: People are exaggerating the price increase

The trade deficit: Does it really matter?

Is the US Trade Deficit a Problem?

Are Trade Deficits Good Or Bad For The Economy?

Larry Kudlow: Why I Told President Donald Trump Not To Do Tariffs | CNBC

Winners and losers from Trump’s tariffs

Economic, political impact of President Trump’s trade agenda

Trump tariffs on aluminum and steel drive stocks lower

Markets fall as Trump slaps new tariffs on steel and aluminum imports

Tariffs and Protectionism

Free Trade vs. Protectionism

Lessons from the Great Depression

Trump vs Friedman – Trade Policy Debate

Milton Friedman debates a protectionist

Rothbard on Balance of Trade “Deficit”

Man, Economy, and Liberty | Murray N. Rothbard

How Murray Rothbard Became a Libertarian

Libertarianism | Murray N. Rothbard

Murray Rothbard: Six Stages of the Libertarian Movement

Hoover and the Great Depression

The Legacy of the Smoot-Hawley Tariff Act

Hoover and the Great Depression

The Smoot Hawley Tariff Act –

Did FDR End the Great Depression?

Coolidge: The Best President You Don’t Know

Milton Friedman – Free Trade vs. Protectionism

Milton Friedman Speaks – Free Trade: Producer vs. Consumer

Free Market Masters: Adam Smith

Free Market Masters: Ludwig von Mises

Free Market Masters Friedrich Hayek

Free Market Masters Milton Friedman

The Invisible Hand – 60 Second Adventures in Economics (1/6)

The Paradox of Thrift – 60 Second Adventures in Economics (2/6)

The Phillips Curve – 60 Second Adventures in Economics (3/6)

The Principle of Comparative Advantage – 60 Second Adventures in Economics (4/6)

The Impossible Trinity – 60 Second Adventures in Economics (5/6)

Rational Choice Theory – 60 Second Adventures in Economics (6/6)

Milton Friedman – Why Tax Reform Is Impossible

Ayn Rand meets Ludwig von Mises – Milton Friedman

Rothbard on Ayn Rand

Rothbard’s Depression Analysis: More Relevant Than Ever

Tariffs and Protectionism

TAKE IT TO THE LIMITS: Milton Friedman on Libertarianism

Milton Friedman: There’s No Such Thing as a Free Lunch

Milton Friedman Speaks – Myths That Conceal Reality

Friedman Milton 1991 MasterEdit

US Economic History 4 — Economic Causes of the Civil War

Economic Growth in the Gilded Age — US Economic History 5

Jim Rogers: Trade wars never work, always leads to real war

What would a U.S.-China trade war look like? | CNBC Explains

The Fall of Rome and Modern Parallels

American Empire VS Roman Empire : monetary history repeats itself

The 7 Signs Of An Empire In Decline

DECLINE of EMPIRES: The Signs of Decay

The Real Financial Crisis is About to Hit – Peter Schiff

We’re Getting to the End of it – Peter Schiff

Peter Schiff VS Ron Paul VS Gerald Celente – THE ECONOMIC CRASH COMING By 2020

JIM ROGERS: The worst crash in our lifetime is coming

 Ep. 332: So Much Debt, so Little Concern

Craig Hemke (NS) Max Keiser – THE “KING OF DEBT”

Eisenhower warns us of the military industrial complex

 

Republicans furious as Trump announces huge new tariffs: ‘A massive tax increase on American families’

President Donald Trump.

Kevin Lamarque/Reuters

  • President Donald Trump on Thursday announced new tariffs on imports of steel and aluminum, setting off a firestorm among Republicans.
  • Sen. Ben Sasse called the move “a massive tax increase on American families.”
  • Conservative policy groups also came out against the move.

Republicans and conservative groups were furious with President Donald Trump’s Thursday’s announcement that the US would impose new tariffs — taxes on imports — of 25% for steel and 10% for aluminum.

The move is designed to boost domestic production of US metals, but economists, lawmakers, and even many White House officials are worried it could lead to devastating consequences for the US economy.

In response, several Republicans painted Trump’s announcement as a grave mistake.

“Let’s be clear: The President is proposing a massive tax increase on American families,” Sen. Ben Sasse of Nebraska said in a statement. “Protectionism is weak, not strong. You’d expect a policy this bad from a leftist administration, not a supposedly Republican one.”

Sen. Orrin Hatch of Utah, a key figure in the passage of the North American Free Trade Agreement who supports free-trade policies, also urged Trump to reconsider.

“Tariffs on steel and aluminum are a tax hike the American people don’t need and can’t afford,” Hatch said in a statement. “I encourage the president to carefully consider all of the implications of raising the cost of steel and aluminum on American manufacturers and consumers.”

Sen. John Cornyn of Texas, the second-highest-ranking member of the Republican Senate leadership, told Business Insider that the move was coming from a good place but could lead to negative outcomes such as a trade war.

“Obviously we don’t want to be taken advantage of by our trading partners, but then there is always a danger of retaliation and creating trade wars,” Cornyn said. “So it’s a very delicate balance.”

Cornyn also said that while senators knew the decision was “imminent,” the announcement on Thursday was unexpected.

Sen. Pat Roberts of Kansas, the head of the agriculture committee, told CNN that the move would be likely to lead to retaliation against American farmers.

“Every time you do this, you get a retaliation, and agriculture is the No. 1 target,” Roberts said. “I think this is terribly counterproductive for the ag economy, and I’m not very happy.”

In addition to lawmakers, conservative action groups joined the pile-on. Adam Brandon, the president of FreedomWorks, said the decision could reverse economic gains from the new GOP tax law.

“The Trump administration would mar its otherwise strong economic record by imposing these tariffs,” Brandon said in a statement. “These could be a lethal blow to all the economic success this administration has ushered in. Higher costs to producers and distributors of goods always get passed on to us, the consumers.”

Joe Perticone contributed reporting.

http://www.businessinsider.com/donald-trump-tariff-on-steel-aluminum-imports-republicans-blast-2018-3

 

Trump’s steel and aluminum tariffs could rattle Canada’s economy and NAFTA

  • Canada’s weak economy had GDP growth of 1.7 percent in the fourth quarter, and its stock market is down 5 percent year-to-date.
  • Canada exports nearly 90 percent of its steel to the U.S., the most of any country.
  • Canada accounts for 41 percent of America’s aluminum imports.
  • Tariffs could impact the interconnected supply chain of many industries, including autos, and this could hurt NAFTA renegotiation talks.
  • On Monday Trump signaled he may drop tariffs if a ‘fair’ NAFTA agreement is signed.
Bryan Borzykowski, special to CNBC.com

Canada's Justin Trudeau: Tariffs 'absolutely unacceptable'

Canada’s Justin Trudeau: Tariffs ‘absolutely unacceptable’  

There’s never a good time for a trade war, but for Canada the announcement of possible tariffs on steel and aluminum imports comes at a particularly difficult moment for the country.

The Great White North is currently engaged in what’s become a bitter battle over NAFTA’s future, and it was announced Friday that its GDP grew at 1.7 percent in the fourth quarter, much slower than the 4 percent it was growing at previously. Its stock market is down about 5 percent year-to-date and was flat over the last 12 months.

On Monday, Trump tweeted that his hasty announcement may not be implemented for Canada and Mexico if a fair NAFTA agreement is negotiated. Canadian market watchers are hoping this will be the case.

After aerospace-related trade flare-ups, fights over softwood lumberand President Donald Trump’s continuous verbal jabs at the country, the last thing Canada needs now is to get into another cross-border brawl.

“Canada seems to get kicked when they’re down,” said Barry Schwartz, vice president and chief investment officer at Baskin Financial Services, a Toronto-based wealth management firm. “We’re dealing with so many things at the same time, and Canada hasn’t even done anything wrong.”

The hit on Canada’s economy

Imports on tariffs could hit the country particularly hard. Canadaexports nearly 90 percent of its steel to the United States, while it accounts for 16 percent of all U.S. steel imports, the most out of any country. It also accounts for 41 percent of America’s aluminum imports. Trump’s main target in this, China, barely exports any steel to the United States, with America ranking 26th as a destination for Chinese steel imports, according to the International Trade Administration.

While there aren’t publicly listed steel and aluminum companies in Canada of any significance anymore — they were all bought in the mid-2000s by larger international concerns when demand for commodities from China was soaring — putting a 25 percent tariff on steel and 10 percent tariff on aluminum should make goods in other sectors, such as auto, defense and aerospace, more expensive to produce and pricier to buy. If that happens, then people and companies may spend less in other areas, which could then impact a number of sectors.

Here’s how Trump’s tariffs could affect Canada

Here’s how Trump’s tariffs could affect Canada  

“Resources will be shifted toward these two sectors and away from everything else,” said John Curtis, a senior fellow at the C.D. Howe Institute and the founding chief economist at what used to be Canada’s Department of Foreign Affairs and International Trade. “That means people will have to pay more, so they’ll buy less of everything else in the economy.”

Where a steel tariff might have the most impact, though, is on Canada and America’s interconnected supply chain, of which many companies big and small are a part of, Curtis said. For instance, cars assembled in Canada have parts made in the United States and vice versa. Cars are often being shipped back and forth between the two countries until final assembly.

“Parts move back and forth until it might finally get made in Canada,” said Patrick Leblond, a senior fellow the Ottawa’s Centre For International Governance Innovation. “Then that car will get exported back to the U.S. Is there going to be tax every time that happens?”

Trade war worries

Steel and aluminum tariffs should be worrisome for companies and investors alike, but the big question that everyone has on their minds now is, what does this mean for NAFTA?

That question likely won’t be answered anytime soon. In a tweet Monday morning, Trump called out Canada: “We have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A. Massive relocation of companies & jobs. Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed. Also, Canada must treat our farmers much better.”

Threatening to remove tariffs only if the administration gets what it thinks is a good deal from NAFTA surely won’t go over well with Canada and Mexico. (And the United States has a trade surplus with Canada, not a deficit, according to the Office of the United States Trade Representative.)

Still, Leblond doesn’t think these tariffs will impact discussions, as negotiators likely are focused more on technical and legal issues right now than steel. Also, when the U.S. slapped a 20.8 percent tariff on Canadian lumber producers for softwood lumber imports, NAFTA talkskept going. (Canada did take its fight with the United States to the World Trade Organization, though.)

However, it certainly doesn’t help things, Curtis said, and could make negotiations much more awkward and tense. Canadian foreign minister Chrystia Freeland, who is part of the negotiating team, said sternly that these tariffs were “absolutely unacceptable” and that Canada is prepared to “take responsive measures to defend its trade interests and workers.”

Prime Minister Justin Trudeau echoed Freeland’s comments, adding that “any disruption to this integrated market would be significant and serious.”

Some market analysts do foresee a grave threat to NAFTA in Trump’s tariff move. But if Canada and other countries do indeed retaliate with tariffs of their own and a trade war begins in earnest, then whether NAFTA stays or goes could ultimately be of lesser importance. It could upend global trade as we know it, Leblond said. He’s particularly concerned about Trump using a national security excuse to impose tariffs.

Avery Shenfeld, chief economist at CIBC Capital Markets, said it’s a double-edged sword in terms of the NAFTA negotiations. Unless Canada gains an exemption, a war of words and actions on trade isn’t a helpful backdrop for reasoned negotiations. But it also helps satisfy Trump’s protectionist voting bloc, perhaps easing the pressure on the White House to take a hard line on the NAFTA deal.

These sorts of disputes underscore why Canada believes that the appeal process under NAFTA is a critical piece of the puzzle. The Trump administration wants a deal that excludes that provision, but without it Canada can face spurious rulings against its exports even with a “free trade” agreement in force, Shenfeld said. “The latest claim, that U.S. national security is imperiled by the use of Canadian steel or aluminum in U.S. manufacturing, seems baseless, considering that Canada has been America’s steadfast ally,” he said.

“If everyone can now say we’re going to impose tariffs because we need to protect what’s important and use national security as a justification, then everyone will lose,” Leblond said. “[Canada] could put a ban on California wine; China could impose constraints on intellectual property rights or innovation. The fear is that it will undermine the WTO process, and for what? To protect a small portion of U.S. manufacturing jobs?”

Sagging stocks

While things could change between now and April 11, when Trump will decide whether to impose the steel tariff, and April 19, when he must make a decision on aluminum tariffs, stocks have taken a hit from the announcement.

The S&P/TSX Composite Index representing Canadian stocks hasn’t been hit as hard as the S&P 500 — the market is almost flat now since the announcement — but some companies have seen their share prices decline more significantly. Global auto parts supplier Magna, for example, is down 3.9 percent and shares of aerospace giant Bombardier fell by nearly 6 percent when the markets opened Friday but have regained some ground since.

More from Global Investing Hot Spots:

If Trump thinks he’s taking a trade war to China, he’s not

Italy’s far right is a big fan of Trump’s tariffs

Risky retirement investors reaching for income in foreign bonds

Jeff Mills, managing director and co-chief investment strategist at Pittsburgh-based PNC Asset Management Group, isn’t surprised that stocks in the United States and elsewhere are selling off post-announcement, though U.S. stock did rebound on Friday afternoon.

“The policy change will very likely increase costs for all consumers, which means it will serve to reduce some of the benefit of the recently passed tax bill,” he said. “Markets are now worried about countermeasures from other countries, and investors are starting to wonder what other protectionist measures Trump could take.”

Baskin Financial’s Schwartz doesn’t think the Canadian stock market will take that much of a hit over these tariffs specially — the S&P/TSX is already underperforming other markets – but if a trade war heats up then stocks in Canada and around the globe will see big declines.

“Who knows what will happen, but I presume the direction would be negative,” he said. “The price of goods for everything around the world would go up, inflation would rise, and while companies ultimately adjust to inflation, stocks will be negative while that adjustment period happens.”

Global investors can’t do much now, added Mills, as the exact details are still largely unknown, though he does think, generally, people should be making sure they’re comfortable with the risk they’re taking in their portfolios. Any investors interested in Canada, though, should hope that Trump, at the very least, makes the country tariff-exempt.

“Canada is probably the most penalized as things stand today,” Mills said. “Perhaps cooler heads prevail over the weekend and the tariffs end up being less broad-based.”

https://www.cnbc.com/2018/03/02/trumps-steel-aluminum-tariffs-may-rattle-canadas-economy-and-nafta.html

 

‘Trade wars are good,’ Trump says, defying global concern over tariffs

The European Union raised the possibility of taking countermeasures, France said the duties would be unacceptable and China urged Trump to show restraint. Canada, the biggest supplier of steel and aluminum to the United States, said it would retaliate if hit by U.S. tariffs.

U.S. stock indexes recouped some losses on Friday, but were on track to end the week in the red as investors fretted over a possible global trade war. World equity markets slid further and the U.S. dollar dropped to its lowest point in more than two years against the yen.

Trump said on Thursday that a plan for tariffs of 25 percent on steel imports and 10 percent on aluminum products would be formally announced next week.

“When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win,” Trump said on Twitter on Friday.

In a later social media post, Trump said his aim was to protect U.S. jobs in the face of cheaper foreign products.

“We must protect our country and our workers. Our steel industry is in bad shape. IF YOU DON’T HAVE STEEL, YOU DON’T HAVE A COUNTRY!” he wrote.

Many economists say that instead of increasing employment, price increases for consumers of steel and aluminum such as the auto and oil industries will destroy more U.S. jobs than they create.

RETALIATION LIKELY

Major U.S. trade partners are likely to hit back.

Europe has drawn up a list of U.S. products on which to apply tariffs if Trump follows through on his plan.

“We will put tariffs on Harley-Davidson, on bourbon and on blue jeans – Levi’s,” European Commission President Jean-Claude Juncker told German television.

Trump’s threats to unleash a trade war over steel crushed any hopes of substantial progress in current talks with Canada and Mexico to rework the North American Free Trade Agreement

Canadian Prime Minister Justin Trudeau said any U.S. tariffs on steel and aluminum imports would be“absolutely unacceptable” and vowed to continue to engage with U.S. officials on the issue.

The International Monetary Fund also expressed concern about the proposed tariffs and said they likely would damage the U.S. economy as well as the economies of other nations.

Trump’s announcement came after what one person with direct knowledge of the discussions described as a night of“chaos” in the White House due to frequent switching of positions in the administration.

While Trump often lays out stark policy positions which he later rolls back as part of a negotiating tactic, White House spokeswoman Sarah Sanders said the levels of the planned tariffs were not expected to change.

 

Capital Alpha Partners, a policy research group in Washington, said a quick reversal by Trump was highly unlikely.

“We also don’t see a chance for fine tuning, exceptions, carve outs, or a country-by-country policy” in the short term, the group said in a research note.“We would be hopeful that the policy could be modified in time.”

The United States is the world’s biggest steel importer, buying 35.6 million tonnes in 2017.

Peter Navarro, a White House adviser with largely protectionist views on trade, brushed off the negative effects of tariffs on U.S. industry.

    He said a 10 percent tariff on aluminum would add one cent to the cost of a can of beer, $45 to a car and $20,000 to a Boeing 727 Dreamliner.“Big price effects? Negligible price effects,” he told Fox News.

ELUXB.STSTOCKHOLM STOCK EXCHANGE
-10.20(-3.83%)
ELUXb.ST
  • ELUXb.ST

But home appliance maker Electrolux (ELUXb.ST) said it was delaying a $250 million expansion of its plant in Tennessee as it was worried U.S. steel prices would rise and make manufacturing there less competitive.

Trump’s administration has imposed a series of trade duties on a range of goods from solar panels to washing machines.

It is even studying whether America’s rubber band makers need protection as he seeks to boost domestic manufacturing and employment. The decision on steel and aluminum was the most wide ranging and provocative to date and there is the prospect of more to come, with the government holding an investigation into alleged theft of U.S. intellectual property by China.

The EU, which sees itself as a global counterweight to a protectionist-leaning Trump, made no mention of retaliation but spoke of countermeasures that conform with World Trade Organization (WTO) rules.

Safeguard measures, last deployed by Europe in 2002 after then-U.S. President George W. Bush imposed steel import duties, would be designed to guard against steel and aluminum being diverted to Europe from elsewhere if U.S. tariffs come in.

But to conform with WTO rules such measures would have to apply to imports from all countries and could also hit producers including China, India, Russia, South Korea and Turkey.

Governor Scott Walker of Wisconsin, a fellow Republican, urged Trump to rethink the tariffs.

“If the president wants to protect good-paying, family-supporting jobs in America, especially here in Wisconsin, then he should reconsider the administration’s position on these tariffs, particularly on ultra-thin aluminum,” Walker said in a statement.

China, which Trump frequently accuses of unfair trade practices, called for restraint from the United States.

“China urges the United States to show restraint in using protective trade measures, respect multilateral trade rules, and make a positive contribution to international trade order,” Foreign Ministry spokeswoman Hua Chunying said.

Although China accounts for only 2 percent of U.S. steel imports, its massive industry expansion has helped produce a global steel glut that has driven down prices.

Economists say that Trump’s own expansionary budget policies will fuel ever larger trade deficits, essentially defeating his stated aim of having“balanced trade” with individual countries.

Additional reporting by Tom Westbrook in Sydney, Tom Daly in Beijing, Philip Blenkinsop and Robert-Jan Bartunek in Brussels, Doina Chiacu, Eric Walsh and Makini Brice in Washington, and Gertrude Chavez-Dreyfuss in New York; Writing by David Clarke and Alistair Bell; Editing by Paul Simao and James Dalgleish

https://www.reuters.com/article/us-usa-trade/trade-wars-are-good-trump-says-defying-global-concern-over-tariffs-idUSKCN1GE1PM

The White House’s war over steel tariffs, explained

The move sparked an internal feud at the White House. Then the stock market plunged.

Spencer Platt/Getty Images

The Trump administration may have finally launched the trade war many expected was coming.

President Trump announced plans to impose a 25 percent tariff on all steel imports and a 10 percent tariff on aluminum imports — a move that will likely anger US trading partners and American businesses that buy steel. Wall Street panned the move, with the Dow falling more than 500 points in the hours after Trump’s statement.

The announcement came amid a fierce fight within the White House over the proposed tariffs, according to CNBC. News reports Thursday morning said that Trump would disclose the new policy later in the day. Then the announcement was reportedly postponed. Finally, at a White House meeting with steel executives, Trump said that the tariffs would indeed be implemented. “We’ll be signing it next week,” he told the group, according to a pool report. “And you’ll have protection for a long time in a while.”

The dispute pitted free trade advocates, such as chief economic adviser Gary Cohn, against trade hawks like White House adviser Peter Navarro.

In the end, the trade hawks won. The Commerce Department will impose the tariffs under a rarely used law that allows emergency trade sanctions for “national security.”

Protecting the US steel industry from foreign competition has been a top priority for Trump’s trade team since day one. They’ve framed the issue as a fight to preserve jobs for American steelworkers, who have seen their jobs disappear as a result of automation and globalization.

Coincidentally (or not), Trump’s trade team has deep ties to the US steel industry, and Commerce Secretary Wilbur Ross made his fortune investing in distressed steel companies. (It’s also worth noting, as Vox’s Matthew Yglesias points out, that the Metals Service Center Institute, a trade group that favors anti-import measures, held last year’s annual conference at the Trump Doral resort in Miami.)

https://www.vox.com/2018/3/1/17066838/white-house-trump-steel-tariffs

What you need to know about the Trump steel tariffs US president chooses the most drastic option available to him Share on Twitter (opens new window)

Share on Facebook (opens new window) Share on LinkedIn (opens new window)

Shawn Donnan in Washington YESTERDAY

Donald Trump has said he will impose new tariffs on imports of steel and aluminium, fuelling fears that the US is about to start a trade war with China and other major trading partners.

The move triggered a sharp sell-off in financial markets, and prompted complaints from across the broader business community that US companies would be hit by higher prices.

Here are five things you need to know.

Mr Trump has chosen the most drastic option available The president said he would sign an order announcing 25 per cent tariffs on steel imports and 10 per cent tariffs on aluminium imports. The announcement followed investigations that Mr Trump ordered last year into whether a surge in imports undermined the US’s ability to source the steel and aluminium it needs to build military equipment such as tanks and warships, as well as the nation’s broader economic security. Last month, the commerce department recommended three separate options for each metal: a global tariff, tariffs targeted at China and other key countries mixed with quotas, and a universal quota. Mr Trump opted for the global tariff option, potentially subjecting imports from all countries to the hefty levy.  Question is whether this makes sense economically The US steel and aluminium industries argue that they have faced an existential assault for more than a decade from China, which has become the world’s largest producer of both metals and has flooded global markets with cheap products. The tariffs are intended to restrict imports and allow the US steel and aluminium industries to increase production and use idle capacity, as well as rehire workers.  But history shows that imposing tariffs to protect one industry often results in pain for another. According to industry groups, about 6.5m people are employed in the US in businesses that use steel and aluminium. After President George W Bush imposed tariffs on steel imports in 2002, a study found that the move had cost the US about 200,000 jobs.  As a result, many Republicans see tariffs as a mistake, and worry that such a broad move will undermine other efforts such as tax reform intended to boost economic growth.  “The president is right to target unfair trade, but blanket tariffs that sweep up fairly traded steel and aluminium can backfire and harm our businesses and workers,” said Kevin Brady, the Republican congressman who chairs the House ways and means committee. China is unlikely to suffer the consequences The US aluminium and steel industries have long been clamouring for protection from what they claim is unfair competition from China. But following a series of product and country-specific tariffs introduced in recent years, China now accounts for very little of the steel or aluminium imported into the US. Instead, the leading source for the US of both metals is Canada. Other major Nato members such as Germany are also major exporters of steel to the US.  Many trade experts expect there will be a process for countries and companies to apply to be exempted from the tariffs. For example, Canada has long been considered part of the US national security industrial base, which, lawyers say, means it has a strong case to be exempted. Mexico could also apply for an exception given its membership in the North American Free Trade Agreement, although that pact is now being renegotiated.  But such a process is also likely to lead to furious lobbying of the president by companies who will have to seek to curry favour with the administration, said Phil Levy, a former trade adviser to Mr Bush. “It is just about the polar opposite of draining the swamp,” Mr Levy said. China and the EU are likely to retaliate EU officials have made clear that they are prepared to retaliate against any US move to impose tariffs and challenge them in the World Trade Organization.

EU member states have already begun discussing possible targets for retaliation. In the EU’s line of fire are likely to be politically sensitive products such as Kentucky Bourbon — from top Republican senator Mitch McConnell’s home state — and cheese from Wisconsin, the home of House Speaker Paul Ryan.  Wendy Cutler, a former senior US trade official who heads the Asia Society Policy Institute, said China would also likely respond with “quick and proportional” trade measures.

Ending a longstanding ceasefire in the global trading system Ever since it was established following the second world war, the General Agreement on Tariffs and Trade has included a loophole that allows countries to invoke “national security” to impose tariffs and other trade barriers in the event of war or other national threats. But the US and other countries have studiously stayed away from using that loophole for decades, for fear that doing so would lead others to do the same.  By invoking national security in the steel and aluminium tariffs, Mr Trump is throwing out that decades-old gentleman’s agreement. Part of the problem is that the president has made his disdain for the WTO clear.

If the US is challenged at the WTO and a panel finds that Washington wrongly invoked national security, Mr Trump — if he is still president — could decide to ignore the finding, or even pull the US out of the body altogether. Others worry that it could also have the long-feared “domino effect”, with countries such as China using national security as an excuse for their own trade measures.

“This will either close the door on being able to self-define ‘national security’ or open the door on being able to block imports simply by waving the ‘national security’ flag,” said John Veroneau, who served as a senior trade official in the administration of Mr Bush and is now at law firm Covington & Burling.

Elsewhere, the proposed tariffs are unlikely to sway US monetary policy in the short term given the direct impact on America’s $19tn economy is likely to be modest.

Even if import prices are lifted by the amount of the tariff it would add a modest 5 basis points of price pressure – which may or many not be passed onto consumer prices, according to JP Morgan calculations. If the Trump administration’s approach, however, triggers retaliation and escalates into a broader trade war, the consequences would be more serious, adding to inflationary pressures in the US while damaging growth and complicating the policy outlook.

https://www.ft.com/content/d8c3812a-1d97-11e8-aaca-4574d7dabfb6

Trump Repeats Nixon’s Folly

This president isn’t the first to embrace a “trade war” to bolster his populist credentials—but in the end, it’s ordinary people who will bear its cost.

President Trump just raised the price of cars, beer, vacations, and apartment rentals.

That’s not what most headlines say. Those headlines say that Trump will raise tariffs on steel and aluminum. Higher tariffs mean higher prices for those inputs—and therefore for the products ultimately made from those outputs. Automotive and construction top the largest users of steel in the United States. Aluminum is heavily used to make airplanes, cars and trucks, and beverage containers, and also in construction.

The last time the U.S. imposed steel tariffs, back in 2002, the project was abandoned after 20 months. A 2003 report commissioned by industries that consumed steel estimated that the Bush steel tariffs cost in excess of 200,000 jobs—or more than the total number of people then employed in the entire steel industry at the time.

This time the cost-benefit ratio is likely to skew much worse. There are fewer steel jobs to protect this time. Auto sales growth has stalled. The first warnings of consumer price inflation are appearing.

But Trump wanted tariffs, and tariffs he has got. Even by Trump standards, the decision-making process was chaos. As late as 9 p.m. last night, it remained undecided whether there would be an announcement today at all—never mind what that announcement would be. Key congressional committee chairs were unconsulted and uninformed.

The president as so often relied on junk information. The advice of the economic populist Peter Navarro(previously best known for blood-curdling anti-China documentaries) was heeded over that of actual trade experts. Industries seeking protection reportedly bought commercials on Fox & Friends. Apparently a decisive event in the debate was the firing of staff secretary Rob Porter, after revelations that he had engaged in spousal abuse. Porter had also chaired the weekly trade debate, forcing the president to confront the costs and harms of protectionism. His removal also empowered Trump’s worst instincts.

The usual rules of trade policy were ignored. For authority, Trump invoked a trade law premised on protecting war-essential industries. Yet this authority is plainly a pretext. The Department of Defense intervention in the debate shredded the logic of protectionists like Commerce Secretary Wilbur Ross, himself a former steel man.

U.S. military requirements for steel and aluminum each only represent about 3 percent of U.S. production. Therefore, DoD does not believe that the findings in the reports [of harm to domestic steel and aluminum producers from foreign competition] impact the ability of DoD programs to acquire the steel or aluminum necessary to meet national defense requirements.

What did alarm the Department of Defense about proposed steel and aluminum tariffs was potential harm to vital U.S. alliances. China does not rank among the top 10 steel exporters to the United States. That list is topped by Canada, followed by Brazil. In third place is South Korea, an indispensable ally in the preemptive war the Trump administration is now contemplating against North Korea.

Canada also heads the list of aluminum exporters. For that reason, DoD pleaded for even more caution with regard to aluminum tariffs than steel. “[If] the Administration takes action on steel, DoD recommends waiting before taking further steps on aluminum.”

Trump announced simultaneous action on both—without itemizing which countries would be subject to the tariffs, and which exempt. Trump’s unpredictability and threatening language have not only jolted U.S. financial markets, but have done further damage to the U.S.-led alliance system. European Union trade ministers agreed earlier this week to retaliate if the U.S. imposes steel tariffs, further degrading a U.S.-EU relationship already badly damaged by Trump’s hostility to NATO and deference to Russia.

Donald Trump is often compared to Richard Nixon in his disdain for law and ethics. The parallel applies to economics too. Nixon in 1971 quit the Bretton Woods agreement and imposed a surtax on all imports. The “shock” disrupted the world economy and profoundly angered formerly trusting friends already uneasy over the war in Vietnam. But Nixon, who knew little and cared less about economics, had his eye fixed on one concern only: the 1972 election. His emergency economic measures—joined to a loosening of monetary policy and a big increase in Social Security payouts the next year—were selected with an eye to one concern only. In the words of Allen Matusow, the shrewdest student of Nixon’s economic policy, “Somehow he had to make the economy hum by 1972 or face likely defeat in his quest for reelection.” What that meant in practice, Matsuow wrote, was that Nixon governed not according to what would work in the long term, but according to “the prevailing mood of the two-thirds of the country he called the ‘constituency of uneducated people.’”

Nixon did indeed win in 1972. He also bequeathed his country not only the worst political scandal in its history to date, but a decade of stagflation that bore most heavily upon the very people Nixon claimed to champion. We’ve been there before; it looks like we’re returning there again.

https://www.theatlantic.com/politics/archive/2018/03/steel-tariffs-consequences/554690/

Peter Navarro

From Wikipedia, the free encyclopedia
Peter Navarro
White House National Trade Council Director Peter Navarro in Orval Office in January 2017.jpg

Peter Navarro in the White HouseOval Officein January 2017
Director of the National Trade Council
Assumed office
January 20, 2017
President Donald Trump
Preceded by Position established
Personal details
Born July 15, 1949 (age 68)
Political party Democratic
Education Tufts University (BA)
Harvard University (MPAPhD)

Peter Navarro (born July 15, 1949) is an American economist who currently serves as the Assistant to the President, Director of Trade and Industrial Policy, and the Director of the White House National Trade Council, a newly created entity in the executive branch of the U.S. federal government.[1] A former professor of economics and public policy at the Paul Merage School of BusinessUniversity of California, Irvine, Navarro is the author of over a dozen books, including Death by China.

Navarro is known as a staunch critic of China and strong proponent of reducing U.S. trade deficits. He has accused Germany and China of currency manipulation. He has called for increasing the size of the American manufacturing sector, setting high tariffs, and repatriating global supply chains. He is also a strong opponent of the Trans-Pacific Partnership. His views on trade are widely considered unorthodox by other economists.

Early life and education

Navarro was born on July 15, 1949. Navarro’s father, a saxophonist and clarinetist, led a house band, which played summers in New Hampshire and winters in Florida.[2] His parents divorced when he was 9 or 10.[2]Subsequently, he lived with his mother, a Saks Fifth Avenue secretary, in Palm Beach, Florida.[2] He lived in Bethesda, Maryland, during his teenage years.[2]

Navarro graduated from Tufts University in 1972 with a Bachelor of Arts degree. He earned a Master of Public Administration from Harvard University‘s John F. Kennedy School of Government in 1979, and a PhD in Economics from Harvard in 1986.[3] Shortly after graduation from Tufts, Navarro spent three years in the U.S. Peace Corps, serving in Thailand.[3]

Career

Policy analysis

In the 1970s, Navarro served as a policy analyst for the Urban Services Group, the Massachusetts Energy Office, and the United States Department of Energy.[3]

Professor Peter Navarro talks his work Death by China and how China cheats in the world trade system at University of Michigan in 2012

Navarro’s work has appeared in Barron’sBloomberg BusinessweekLos Angeles TimesThe Boston Globe, the Chicago Tribune, the International Herald TribuneThe New York TimesThe Wall Street JournalHarvard Business ReviewMIT Sloan Management Review and The Journal of Business.[4] He has appeared on Bloomberg TV and radio, BBCCNNNPR, and Marketplace. He is a contributor to CNBC and has appeared on 60 Minutes.[4] He also writes investment articles for thestreet.com.[5] In 2012, Navarro directed and produced a poorly received[6]documentary film based on his book, Death by China.[7] The film was released under the same title and narrated by Martin Sheen.

Navarro’s policy prescriptions include that “U.S. should be tough on trade, crack down on intellectual property theft, tax Chinese exports, combat Chinese mercantilism, [and] bring jobs home.”[8]

Academics

professor of economics and public policy at University of California, Irvine for over 20 years, Navarro has worked on energy issues and the relationship between the United States and Asia.[9] He has received multiple teaching awards for MBA courses he has taught.[10] Before joining the UC Irvine faculty, Navarro worked as a research associate in Harvard University’s Energy and Environmental Policy Center from 1981 to 1985.

As a doctoral student in 1984 Nararro wrote a book titled, The Policy Game: How Special Interests and Ideologues are Stealing America, which discussed that special interest groups had led the United States to “a point in its history where it cannot grow and prosper.” In the book he also called for greater worker’s compensation by those that had lost jobs to trade and foreign competition. His doctoral thesis on why corporations donate to charity is one of his highest cited works. He has also done research in the topic of wind energy with Frank Harris, a former student of his.[11]

He then lectured at the University of California, San Diego, where he also served as an assistant professor, teaching courses in business and government.[3] Prior to teaching, Navarro worked in Washington, D.C. as an energy and environmental policy analyst.[12] Navarro has published peer-reviewed economics research on energy policy, charity, deregulation and the economics of trash collection.[8][13][14] According to the Economist, Navarro “is a prolific writer, but has no publications in top-tier academic journals.”[15]

Academic and research authorship

Navarro is a prolific author with nearly a dozen books written on various topics in economics and specializing in issues of balance of trade. The Coming China Wars: Where They Will Be Fought, How They Can Be Won is a book by published by FT Press in (2006). Navarro examines China as an emerging world power confronting challenges at home and abroad as it struggles to exert itself in the global market. He also investigates how China’s role in international commerce is creating conflicts with nations around the world over energynatural resources, the environment, intellectual property, and other issues. A review in Publishers Weekly describes the book as “comprehensive” and “contemporary” and concludes that it “will teach readers to understand the dragon, just not how to vanquish it”.[16]

Death by China: Confronting the Dragon – A Global Call to Action (2011) is a non-fiction book by Navarro and Greg Autry[17] that chronicles “from currency manipulation and abusive trade policies, to deadly consumer products,” the alleged threats to America’s economic dominance in the 21st century posed by China’s Communist Party. Navarro argues that China violates fair trade by “illegal export subsidies and currency manipulation, effectively flooding the U.S. markets” and unfairly making it “virtually impossible” for American companies to compete.[18] It is a critique of “global capitalism” including foreign labor practices and environmental protection.[19] Currency manipulation and subsidies are stated as reasons that “American companies cannot compete because they’re not competing with Chinese companies, they’re competing with the Chinese government.”[20] Ronnie Scheib, from Variety, says “One need not fully subscribe to Peter Navarro’s demonization to appreciate his lucid wake-up call to the imminent dangers of the huge U.S.-China trade imbalance and its disastrous impact on the American economy.”[18]

Politics

Navarro ran for office in San DiegoCalifornia three times as a Democrat. In 1992, he ran for mayor as an Independent, finishing first (38.2%) in the all-party primary, but losing (48.0%) to Republican Susan Golding in the runoff.[21] In 1996, he ran for the 49th Congressional District as the Democratic Party nominee (41.9%), but lost to Republican Brian Bilbray (52.7%).[22] In 2001, Navarro ran in a special election to fill the District 6 San Diego city council seat, but lost in the primary.[23]

President Trump’s chief trade advisor

Director Peter Navarro addresses President Donald Trump‘s promises to American people, workers, and domestic manufacturers (Declaring American Economic Independence on 6/28/2016) in the Oval Office with Vice PresidentMike Pence and Secretary of CommerceWilbur Ross before President Trump signs Executive Orders regarding trade in March 2017[24][25]

In 2016, Navarro served as a policy adviser to Donald Trump‘s 2016 presidential campaign.[1] Navarro and the international private equity investor Wilbur Ross authored an economic plan for the Donald Trump presidential campaign in September 2016.[26] Navarro was invited to be an adviser after Jared Kushner saw on Amazon that he co-wrote Death by China, while he was researching China for Trump.[27] When told that the Tax Policy Centerassessment of Trump’s economic plan would reduce federal revenues by $6 trillion and reduce economic growth in the long term, Navarro said that the analysis demonstrated “a high degree of analytical and political malfeasance”.[28] When the Peterson Institute for International Affairs estimated that Trump’s economic plan would cost millions of American their jobs, Navarro said that writers at the Peterson Institute “weave a false narrative and they come up with some phony numbers.”[29] According to MIT economist Simon Johnson, the economic plan essay authored by Navarro and Wilbur Ross for Donald Trump during the campaign had projections “based on assumptions so unrealistic that they seem to have come from a different planet. If the United States really did adopt Trump’s plan, the result would be an immediate and unmitigated disaster.”[30] When 370 economists, including nineteen Nobel laureates, signed a letter warning against Donald Trump’s stated economic policies in November 2016, Navarro said that the letter was “an embarrassment to the corporate offshoring wing of the economist profession who continues to insist bad trade deals are good for America.”[31][32]

In October 2016, with Wilbur Ross and Andy Puzder, Navarro coauthored the essay titled “Economic Analysis of Donald Trump’s Contract with the American Voter”.[33] On December 21, 2016, Navarro was selected by President-elect Donald Trump to head a newly created position, as director of the White House National Trade Council.[34] He outlines President Trump’s trade policy as aiming to create jobs, revive the manufacturing sector, and improve the country’s trade balance. He warned that trade deficits could jeopardize U.S. national security by allowing unfriendly nations to encroach on American supply chains. One of his main missions is to focus on behaviors by other countries that he considers abusive, cheating, illegal, and unfair against the U.S.[35][36][37]

By July 2017, Politico reported that Navarro’s influence within the White House was weak.[38]Axios reported the same in November 2017.[39] By July 2017, Navarro only had two staffers, and the National Trade Council had essentially become part of the Office of Trade and Manufacturing policy.[38] By September 2017, the Office of Trade and Manufacturing policy had been folded into the National Economic Council, which meant that Navarro would have to report to NEC Director Gary Cohn.[40] However, in February 2018, several media outlets reported that Navarro’s influence in the administration was rising again and that he would likely be promoted shortly.[41][42]Josh Rogin, writing for The Washington Post, reported that Navarro had used his time of lowered influence to lead several low-profile policy items, such as working to increase military funding, drafting Executive Order 13806, and leading the effort to solve a dispute between the United States and Qatar over the Open Skies Agreement between the two countries.[43]

Opinions and assessment of trade policy

Navarro has been a staunch critic of trade with China and strong proponent of reducing U.S. trade deficits. He has attacked Germany, Japan and China for currency manipulation. He has called for increasing the size of the American manufacturing sector, setting high tariffs, and repatriating global supply chains. He was a fierce opponent of the Trans-Pacific Partnership.

According to Politico, Navarro’s economic theories are “considered fringe” by his fellow economists.[44] Al-Jazeera notes that “few other economists have endorsed Navarro’s ideas.”[45] A New Yorker reporter described Navarro’s views on trade and China as so radical “that, even with his assistance, I was unable to find another economist who fully agrees with them.”[46] The Economist described Navarro as having “oddball views”.[47] The George Mason University economist Tyler Cowen has praised him as “one of the most versatile and productive American economists of the last few decades”, but Cowen noted that he disagreed with his views on trade, which he claimed go “against a strong professional consensus.”[44] University of Michigan economist Justin Wolfers described Navarro’s views as “far outside the mainstream,” noting that “he endorses few of the key tenets of” the economics profession.[48] According to Lee Branstetter, economics professor at Carnegie Mellon and trade expert with the Peterson Institute for International Economics, Navarro “was never a part of the group of economists who ever studied the global free-trade system … He doesn’t publish in journals. What he’s writing and saying right now has nothing to do with what he got his Harvard Ph.D. in … he doesn’t do research that would meet the scientific standards of that community.”[49] Marcus Noland, an economist at the Peterson Institute for International Economics, described a tax and trade paper written by Navarro and Wilbur Ross for Trump as “a complete misunderstanding of international trade, on their part.”[28]

Border adjustment tax

Navarro supports a tax policy called “border adjustment”, which essentially taxes all imports.[49] In response to criticism that the border adjustment tax could hurt U.S. companies and put jobs at risk, Navarro called it “fake news.”[49]

Critic of China trade policy

According to Politico, “Navarro is perhaps the most extreme advocate in Washington, and maybe in all of economics, for an aggressive stance toward China.”[44] Navarro put his attention to China in the mid-2000s.[6] His first publication on the subject is the 2006 book The Coming China Wars: Where They Will Be Fought, How They Can Be Won.[50] Navarro has said that he started to examine China when he noticed that his former students were losing jobs, concluding that China was at fault.[6]

IPoliticos description of the book, “Navarro uses military language to refer to China’s trade policies, referring to its ‘conquest’ of the world’s export markets, which has ‘vaporized literally millions of manufacturing jobs and driven down wages.’ … China’s aspirations are so insatiable, he claims, that eventually there will be a clash over “our most basic of all needs—bread, water, and air.'”[50] Navarro has described the entry of China to the World Trade Organization as one of the United States’ biggest mistakes.[6] To respond to the Chinese threat, Navarro has advocated for 43% tariffs, the repudiation of trade pacts, major increases in military expenditures and strengthened military ties with Taiwan.[50][6] The New York Times notes that “a wide range of economists have warned that curtailing trade with China would damage the American economy, forcing consumers to pay higher prices for goods and services.”[51]Navarro has reportedly also encouraged President Trump to enact a 25-percent tariff on Chinese steel imports, something that “trade experts worry… would upend global trade practices and cause countries to retaliate, potentially leading to a trade war”.[52]

Navarro has said that a large part of China’s competitive advantage over the United States stems from unfair trade practices.[15] Navarro has criticized China for pollution, poor labor standards, government subsidies, producing “contaminated, defective and cancerous” exports, currency manipulation, and theft of US intellectual property.[15][45][53] In his poorly received 2012 documentary, Navarro said that China caused the loss of 57,000 US factories and 25 million jobs.[45] While Navarro maintains that China manipulates its currency, neither the U.S. Treasury nor most economists believe that it is the case.[49][6]

According to Foreign Policy, “well-regarded China analysts are almost universal in their derision of [Navarro’s] views.”[6] Of the more than dozen China specialists contacted by Foreign Policy, most either did not know of him or only interacted with him briefly.[6] Kenneth Pomeranz, University of Chicago professor of Chinese History, said that his “recollection is that [Navarro] generally avoided people who actually knew something about the country.”[6] Columnist Gordon G. Chang was the only China watcher contacted by Foreign Policywho defended Navarro, but even then noted that he disagreed with Navarro’s claims of currency manipulation, opposition to the TPP and calls for high tariffs.[6] Navarro does not appear to speak Chinese nor has he spent any time in the country.[6] James McGregor, a former chairman of the American Chamber of Commerce in China, said that Navarro’s books and documentary on China “have close to zero credibility with people who know the country,” and are filled with “hyperbole, inaccuracies” and a “cartoonish caricature of China that he puts out.”[6]

Germany

Navarro drew controversy when he accused Germany of using a “grossly undervalued” euro to “exploit” the US and its EU partners.[54]Politico noted that Germany does not set the value of the euro.[50] Economists and commentators are divided on the accuracy of Navarro’s remarks.[55][56]Paul Krugman said that Navarro was right and wrong at the same time: “Yes, Germany in effect has an undervalued currency relative to what it would have without the euro… But does this mean that the euro as a whole is undervalued against the dollar? Probably not.”[57] Boston University economist Laurence Kotlikoff described Navarro’s accusation of Germany as a currency manipulator as “#stupideconomics”.[58]

Manufacturing

Navarro argues that the decline in US manufacturing jobs is chiefly due to “unfair trade practices and bad trade deals. And if you don’t believe that, just go to the booming factories in Germany, in Japan, in Korea, in China, in Malaysia, in Vietnam, in Indonesia, in Italy—every place that we’re running deficits with.”[59] However, many economists attribute the decline in manufacturing jobs chiefly to automation and other innovations that allow manufacturing firms to produce more goods with fewer workers, rather than trade.[59][60]

Navarro has been a proponent of strengthening the manufacturing sector’s role in the national economy: “We envision a more Germany-style economy, where 20 percent of our workforce is in manufacturing. … And we’re not talking about banging tin in the back room.”[49]The New York Times notes that “experts on manufacturing … doubt that the government can significantly increase factory employment, noting that mechanization is the major reason fewer people are working in factories.”[51]

Opposition to NAFTA

Navarro has called for the United States to leave NAFTA.[52]Politico reported that Navarro tried to convince President Trump of leaving NAFTA.[52]

Repatriation of global supply chains

Navarro has called for repatriating global supply chains.[50][53] According to Politico’s Jacob Heilbrunn, such a move “would be enormously costly and take years to execute”.[50]

Trade as a national security risk

Navarro has framed trade as a national security risk.[50][61][62] According to Politico, “he’s a hard-line mercantilist who insists that military confrontation with some trading partners is almost inevitable.”[50]

Navarro has characterized foreign purchases of U.S. companies as a threat to national security, but according to NPR, this is “a fringe view that puts him at odds with the vast majority of economists.”[63] Dartmouth economist Douglas Irwin noted that the US government already reviews foreign purchases of companies with military or strategic value, and has on occasion rejected such deals.[63] Irwin said that Navarro had not substantiated his claim with any evidence.[63]

Navarro has also said that the United States has “already begun to lose control of [its] food supply chain”, which according to NPR, “sounded pretty off-the-wall to a number of economists” who noted that the US is a massive exporter of food.[63] Dermot Hayes, an agribusiness economist at Iowa State University, described Navarro’s statement as “uninformed”.[63]

Trade deficits

Navarro is a proponent of the notion that trade deficits are bad in and of themselves, a view which is widely rejected by trade experts and economists across the political spectrum.[64][65][66][67][68][69][70][71][72][73][2][excessive citations] In a white paper co-authored with Wilbur Ross, Navarro stated, “when a country runs a trade deficit by importing more than it exports, this subtracts from growth.”[69][74] In a Wall Street Journal op-ed defending his views, Navarro stated, “If we are able to reduce our trade deficits through tough, smart negotiations, we should be able to increase our growth.”[75] Harvard University economics professor Gregory Mankiw has said that Navarro’s views on the trade deficit are based on the kind of mistakes that “even a freshman at the end of ec 10 knows.”[76][77] Tufts University professor Daniel W. Drezner said about Navarro’s op-ed, “as someone who’s written on this topic I could not for the life of me understand his reasoning”.[61] According to Tyler Cowen, “close to no one” in the economics profession agrees with Navarro’s idea that a trade deficit is bad in and of itself.[68] Nobel laureate Angus Deaton described Navarro’s attitude on trade deficits as “an old-fashioned mercantilist position.”[73]

The Economist magazine has described Navarro’s views on the trade deficit as “dodgy economics” and “fantasy”,[15] while the Financial Times has described them as “poor economics”.[78] Economists Noah Smith,[79]Scott Sumner,[80][81]Olivier Blanchard,[53] and Phil Levy[82] have also criticized Navarro’s views on the trade deficit.

Opposition to Trans-Pacific Partnership

Navarro opposes the Trans-Pacific Partnership.[83] In an April 2015 op-ed, Navarro said, “To woo us, their spinmeisters boast the TPP will spur American exports to stimulate sorely needed economic growth. In truth, the American economy will suffer severely. This is because the TPP will hammer two main drivers of economic growth – domestic investment and ‘net exports.'”[83] Navarro said in March 2017 that TPP “would have been a “death knell” to America’s auto and vehicle parts industry that we “urgently need to bring back to full life.”[53]Politico‘s Jacob Heilbrunn and theEconomist argue that there may be a disconnect between Navarro’s policy on China and his opposition to the TPP, as scuttling the TPP will strengthen China’s hand.[50][15]

Personal life

Navarro is married to architect Leslie Lebon.[84] They live in Laguna Beach, California.[85]

Bibliography

References

https://en.wikipedia.org/wiki/Peter_Navarro

Story 2: New Cold War and Arms Race Between United States and Russia — Targeting Trump in Florida — Videos

See the source image

See the source image

Putin touts nuclear-powered, intercontinental cruise missile

Russia unveils ‘invincible’ nuclear missile

Why Putin is unveiling ‘invincible’ nuclear weapons now

Target in Putin’s nuke video looks like Florida

Could the U.S. defense system stand an attack from Russia?

First President Trump, Now Vladimir Putin Brags About His Arsenal Size | The Last Word | MSNBC

Why Putin is unveiling ‘invincible’ nuclear weapons now

Expert: I’m more worried than ever about US-Russia war

Professor: Media criminalizing better relations with Russia

I’ve studied nuclear war for 35 years — you should be worried. | Brian Toon | TEDxMileHigh

The Map That Shows Why Russia Fears War With USA – Mike Maloney

How Russia’s ‘invincible’ new weapons work

  • 05/03/2018
  • Dan Satherley

Vladimir Putin reveals the new weapons. Credits: APTN

Vladimir Putin’s claim Russia now has “invincible” weapons that can strike anywhere in the world is probably true, experts say.

On Friday (NZ time), the Russian President said Moscow’s new weapons could strike anywhere in the world, and evade missile defence shields.

“They need to take account of a new reality and understand that everything I have said today is not a bluff.”

But how? Missile defence expert Laura Grego explained to Livescience’s Rafi Letzterthat Russia’s new nuclear arsenal is largely not of the ballistic missile variety.

“Ballistic missiles, true to the name, go on a ballistic trajectory,” she told the site on Monday (NZ time). “They use these powerful engines to get themselves moving really fast, but after the engines burn out they’re just coasting.”

It’s not hard to figure out where a ballistic missile is going to land, she explains, so it’s not hard to shoot them out of the sky.

Russia’s new weapons evade defences in three ways. The first is by attaching nuclear warheads to cruise missiles, which don’t coast to their destination high up in the air – they fly close to the ground, out of radar’s sight.

“In theory, a cruise missile carrying a nuclear bomb could slip under American defenses and detection systems, and detonate before Americans could mobilise a response,” wrote Mr Letzter.

And being nuclear-powered, the missiles in theory have enough power to travel across the world.

Russian S-400 missile air defence systems in a military parade to commemorate the 75th anniversary of the battle of Stalingrad.
Russian S-400 missile air defence systems in a military parade to commemorate the 75th anniversary of the battle of Stalingrad. Photo credit: Reuters

The second method is a new nuclear torpedo, difficult to detect before it detonates on the coast.

“A missile that can deploy multiple warheads, all of which enter the atmosphere at hypersonic speeds – up to 20 times the speed of sound – and could perform evasive manoeuvres in flight before striking their targets,” writes Mr Letzter.

Multiple warheads bear down on Florida in an animation.
Multiple warheads bear down on Florida in an animation. Photo credit: Russia/APTN

Dr Grego said the escalation in missile technology is a partly a result of the US abandoning the Anti-Ballistic Missile Treaty in 2001 – part of which disallowed states from building missile defence shields for this very reason.

“By building a defence, rather than discourage your adversary, your adversary is likely to just build more so that they can get up and over your defence. And then you build more defence. So it’s an arms race cycle.”

Former adviser to US Presidents and nuclear weapons expert Philip Coyle told Livescience much the same thing.

“In 2004, Putin himself warned the United States that if we kept going the way we were going, this is what he was going to do. And he did it.”

Mr Putin’s US counterpart, Donald Trump, has called for the US to build more nuclear weapons.

In January, a group of scientists said the world was inching closer to ‘Doomsday’ thanks to North Korea’s nuclear programme and Mr Trump’s aggressive rhetoric.

Newshub.

http://www.newshub.co.nz/home/world/2018/03/how-russia-s-invincible-new-weapons-work.html

 

 

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Shows 1041-1042

Listen To Pronk Pops Podcast or Download Shows 1033-1040

Listen To Pronk Pops Podcast or Download Shows 1023-1032

Listen To Pronk Pops Podcast or Download Shows 1017-1022

Listen To Pronk Pops Podcast or Download Shows 1010-1016

Listen To Pronk Pops Podcast or Download Shows 1001-1009

Listen To Pronk Pops Podcast or Download Shows 993-1000

Listen To Pronk Pops Podcast or Download Shows 984-992

Listen To Pronk Pops Podcast or Download Shows 977-983

Listen To Pronk Pops Podcast or Download Shows 970-976

Listen To Pronk Pops Podcast or Download Shows 963-969

Listen To Pronk Pops Podcast or Download Shows 955-962

Listen To Pronk Pops Podcast or Download Shows 946-954

Listen To Pronk Pops Podcast or Download Shows 938-945

Listen To Pronk Pops Podcast or Download Shows 926-937

Listen To Pronk Pops Podcast or Download Shows 916-925

Listen To Pronk Pops Podcast or Download Shows 906-915

Listen To Pronk Pops Podcast or Download Shows 889-896

Listen To Pronk Pops Podcast or Download Shows 884-888

Listen To Pronk Pops Podcast or Download Shows 878-883

Listen To Pronk Pops Podcast or Download Shows 870-877

Listen To Pronk Pops Podcast or Download Shows 864-869

Listen To Pronk Pops Podcast or Download Shows 857-863

Listen To Pronk Pops Podcast or Download Shows 850-856

Listen To Pronk Pops Podcast or Download Shows 845-849

Listen To Pronk Pops Podcast or Download Shows 840-844

Listen To Pronk Pops Podcast or Download Shows 833-839

Listen To Pronk Pops Podcast or Download Shows 827-832

Listen To Pronk Pops Podcast or Download Shows 821-826

Listen To Pronk Pops Podcast or Download Shows 815-820

Listen To Pronk Pops Podcast or Download Shows 806-814

Listen To Pronk Pops Podcast or Download Shows 800-805

Listen To Pronk Pops Podcast or Download Shows 793-799

Listen To Pronk Pops Podcast or Download Shows 785-792

Listen To Pronk Pops Podcast or Download Shows 777-784

Listen To Pronk Pops Podcast or Download Shows 769-776

Listen To Pronk Pops Podcast or Download Shows 759-768

Listen To Pronk Pops Podcast or Download Shows 751-758

Listen To Pronk Pops Podcast or Download Shows 745-750

Listen To Pronk Pops Podcast or Download Shows 738-744

Listen To Pronk Pops Podcast or Download Shows 732-737

Listen To Pronk Pops Podcast or Download Shows 727-731

Listen To Pronk Pops Podcast or Download Shows 720-726

Listen To Pronk Pops Podcast or DownloadShows 713-719

Listen To Pronk Pops Podcast or DownloadShows 705-712

Listen To Pronk Pops Podcast or Download Shows 695-704

Listen To Pronk Pops Podcast or Download Shows 685-694

Listen To Pronk Pops Podcast or Download Shows 675-684

Listen To Pronk Pops Podcast or Download Shows 668-674

Listen To Pronk Pops Podcast or Download Shows 660-667

Listen To Pronk Pops Podcast or Download Shows 651-659

Listen To Pronk Pops Podcast or Download Shows 644-650

Listen To Pronk Pops Podcast or Download Shows 637-643

Listen To Pronk Pops Podcast or Download Shows 629-636

Listen To Pronk Pops Podcast or Download Shows 617-628

Listen To Pronk Pops Podcast or Download Shows 608-616

Listen To Pronk Pops Podcast or Download Shows 599-607

Listen To Pronk Pops Podcast or Download Shows 590-598

Listen To Pronk Pops Podcast or Download Shows 585- 589

Listen To Pronk Pops Podcast or Download Shows 575-584

Listen To Pronk Pops Podcast or Download Shows 565-574

Listen To Pronk Pops Podcast or Download Shows 556-564

Listen To Pronk Pops Podcast or Download Shows 546-555

Listen To Pronk Pops Podcast or Download Shows 538-545

Listen To Pronk Pops Podcast or Download Shows 532-537

Listen To Pronk Pops Podcast or Download Shows 526-531

Listen To Pronk Pops Podcast or Download Shows 519-525

Listen To Pronk Pops Podcast or Download Shows 510-518

Listen To Pronk Pops Podcast or Download Shows 500-509

Listen To Pronk Pops Podcast or Download Shows 490-499

Listen To Pronk Pops Podcast or Download Shows 480-489

Listen To Pronk Pops Podcast or Download Shows 473-479

Listen To Pronk Pops Podcast or Download Shows 464-472

Listen To Pronk Pops Podcast or Download Shows 455-463

Listen To Pronk Pops Podcast or Download Shows 447-454

Listen To Pronk Pops Podcast or Download Shows 439-446

Listen To Pronk Pops Podcast or Download Shows 431-438

Listen To Pronk Pops Podcast or Download Shows 422-430

Listen To Pronk Pops Podcast or Download Shows 414-421

Listen To Pronk Pops Podcast or Download Shows 408-413

Listen To Pronk Pops Podcast or Download Shows 400-407

Listen To Pronk Pops Podcast or Download Shows 391-399

Listen To Pronk Pops Podcast or Download Shows 383-390

Listen To Pronk Pops Podcast or Download Shows 376-382

Listen To Pronk Pops Podcast or Download Shows 369-375

Listen To Pronk Pops Podcast or Download Shows 360-368

Listen To Pronk Pops Podcast or Download Shows 354-359

Listen To Pronk Pops Podcast or Download Shows 346-353

Listen To Pronk Pops Podcast or Download Shows 338-345

Listen To Pronk Pops Podcast or Download Shows 328-337

Listen To Pronk Pops Podcast or Download Shows 319-327

Listen To Pronk Pops Podcast or Download Shows 307-318

Listen To Pronk Pops Podcast or Download Shows 296-306

Listen To Pronk Pops Podcast or Download Shows 287-295

Listen To Pronk Pops Podcast or Download Shows 277-286

Listen To Pronk Pops Podcast or Download Shows 264-276

Listen To Pronk Pops Podcast or Download Shows 250-263

Listen To Pronk Pops Podcast or Download Shows 236-249

Listen To Pronk Pops Podcast or Download Shows 222-235

Listen To Pronk Pops Podcast or Download Shows 211-221

Listen To Pronk Pops Podcast or Download Shows 202-210

Listen To Pronk Pops Podcast or Download Shows 194-201

Listen To Pronk Pops Podcast or Download Shows 184-193

Listen To Pronk Pops Podcast or Download Shows 174-183

Listen To Pronk Pops Podcast or Download Shows 165-173

Listen To Pronk Pops Podcast or Download Shows 158-164

Listen To Pronk Pops Podcast or Download Shows 151-157

Listen To Pronk Pops Podcast or Download Shows 143-150

Listen To Pronk Pops Podcast or Download Shows 135-142

Listen To Pronk Pops Podcast or Download Shows 131-134

Listen To Pronk Pops Podcast or Download Shows 124-130

Listen To Pronk Pops Podcast or Download Shows 121-123

Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

Listen To Pronk Pops Podcast or Download Shows 104-105

Listen To Pronk Pops Podcast or Download Shows 101-103

Listen To Pronk Pops Podcast or Download Shows 98-100

Listen To Pronk Pops Podcast or Download Shows 94-97

Listen To Pronk Pops Podcast or Download Show 93

Listen To Pronk Pops Podcast or Download Show 92

Listen To Pronk Pops Podcast or Download Show 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

Listen To Pronk Pops Podcast or Download Shows 49-51

Listen To Pronk Pops Podcast or Download Shows 45-48

Listen To Pronk Pops Podcast or Download Shows 41-44

Listen To Pronk Pops Podcast or Download Shows 38-40

Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

Listen To Pronk Pops Podcast or Download Shows 16-22

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

Read Full Post | Make a Comment ( None so far )

The Pronk Pops Show 1021, January 25, 2018, Story 1: President Trump aka Amnesty Don Will Lose His Support Base If He Agrees To A Pathway To Citizenship For Any of The 30-60 Million Illegal Aliens in The United States Including Illegal Alien “Dreamers” — Do Not Reward Criminal Behavior — Do Not Repeat Reagan’s Biggest Mistake of Granting Amnesty Before Securing The Borders — Enforce Existing Immigration Law — Deport All Illegal Aliens — Trump’s Promise — Videos — Story 2: President Trump Woos World Leaders To Invest in America at World Economic Forum (WEF) in Davos Global Gathering of Corporate and Political Establishment Elitists — Videos — Story 3: FBI Missing Text Messages Found and Fake Bureau of Investigation of Clinton Emails Revealed — The Fix Was In To Make Sure Hillary Clinton Was Exonerated For Massive Mishandling of Classified Information — Appoint Special Counsel and Indict Hillary Clinton — You Have Five Days Before 5 Year Statue of Limitations Runs Out! — Videos

Posted on January 25, 2018. Filed under: American History, Blogroll, Breaking News, Business, Cartoons, Communications, Corruption, Countries, Crime, Donald J. Trump, Donald J. Trump, Donald Trump, Economics, Education, Employment, Food, Foreign Policy, Freedom of Speech, Government, Government Spending, Hillary Clinton, History, Housing, Human, Human Behavior, Illegal Immigration, Illegal Immigration, Immigration, Independence, Insurance, Investments, Israel, James Comey, Language, Law, Legal Immigration, Life, Lying, Media, Middle East, National Interest, Networking, News, Obama, People, Philosophy, Photos, Politics, Polls, President Trump, Progressives, Raymond Thomas Pronk, Resources, Robert S. Mueller III, Rule of Law, Scandals, Success, Taxation, Taxes, Technology, Unemployment, United States of America, Videos, Violence, Wall Street Journal, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , |

Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 1021, January 25, 2018

Pronk Pops Show 1020, January 24, 2018

Pronk Pops Show 1019, January 18, 2018

Pronk Pops Show 1018, January 17, 2018

Pronk Pops Show 1017, January 16, 2018

Pronk Pops Show 1016, January 10, 2018

Pronk Pops Show 1015, January 9, 2018

Pronk Pops Show 1014, January 8, 2018

Pronk Pops Show 1013, December 13, 2017

Pronk Pops Show 1012, December 12, 2017

Pronk Pops Show 1011, December 11, 2017

Pronk Pops Show 1010, December 8, 2017

Pronk Pops Show 1009, December 7, 2017

Pronk Pops Show 1008, December 1, 2017

Pronk Pops Show 1007, November 28, 2017

Pronk Pops Show 1006, November 27, 2017

Pronk Pops Show 1005, November 22, 2017

Pronk Pops Show 1004, November 21, 2017

Pronk Pops Show 1003, November 20, 2017

Pronk Pops Show 1002, November 15, 2017

Pronk Pops Show 1001, November 14, 2017 

Pronk Pops Show 1000, November 13, 2017

Pronk Pops Show 999, November 10, 2017

Pronk Pops Show 998, November 9, 2017

Pronk Pops Show 997, November 8, 2017

Pronk Pops Show 996, November 6, 2017

Pronk Pops Show 995, November 3, 2017

Pronk Pops Show 994, November 2, 2017

Pronk Pops Show 993, November 1, 2017

Pronk Pops Show 992, October 31, 2017

Pronk Pops Show 991, October 30, 2017

Pronk Pops Show 990, October 26, 2017

Pronk Pops Show 989, October 25, 2017

Pronk Pops Show 988, October 20, 2017

Pronk Pops Show 987, October 19, 2017

Pronk Pops Show 986, October 18, 2017

Pronk Pops Show 985, October 17, 2017

Pronk Pops Show 984, October 16, 2017 

Pronk Pops Show 983, October 13, 2017

Pronk Pops Show 982, October 12, 2017

Pronk Pops Show 981, October 11, 2017

Pronk Pops Show 980, October 10, 2017

Pronk Pops Show 979, October 9, 2017

Pronk Pops Show 978, October 5, 2017

Pronk Pops Show 977, October 4, 2017

Pronk Pops Show 976, October 2, 2017

Pronk Pops Show 975, September 29, 2017

Pronk Pops Show 974, September 28, 2017

Pronk Pops Show 973, September 27, 2017

Pronk Pops Show 972, September 26, 2017

Pronk Pops Show 971, September 25, 2017

Pronk Pops Show 970, September 22, 2017

Pronk Pops Show 969, September 21, 2017

Pronk Pops Show 968, September 20, 2017

Pronk Pops Show 967, September 19, 2017

Pronk Pops Show 966, September 18, 2017

Pronk Pops Show 965, September 15, 2017

Pronk Pops Show 964, September 14, 2017

Pronk Pops Show 963, September 13, 2017

Pronk Pops Show 962, September 12, 2017

Pronk Pops Show 961, September 11, 2017

Pronk Pops Show 960, September 8, 2017

Pronk Pops Show 959, September 7, 2017

Pronk Pops Show 958, September 6, 2017

Pronk Pops Show 957, September 5, 2017

See the source image

See the source imageSee the source imageSee the source image

Story 1: President Trump aka Amnesty Don Will Lose His Support Base If He Agrees To A Pathway To Citizenship For Any of The 30-60 Million Illegal Aliens in The United States Including Illegal Alien “Dreamers” — Do Not Reward Criminal Behavior — Do Not Repeat Reagan’s Biggest Mistake of Granting Amnesty Before Securing The Borders — Enforce Existing Immigration Law — Deport All Illegal Aliens — Trump’s Promise — Videos —

Trump immigration proposal would offer a path to citizenship

White House reveals framework of immigration proposal

Trump immigration proposal draws mixed reactions from both parties

The Ingraham Angle 1/25/18 With Laura Ingraham | The Ingraham Angle Fox News January 25, 2018

Trump will offer citizenship to 1.8 MILLION ‘Dreamers’

How DACA Hurts Americans

1995: Barbara Jordan on “Immigration Reform”

President Trump says he shares immigration views with Barbara Jordan

SHOCKER: Trump wants AMNESTY for DREAMERS – caught on tape

Tucker: Entitled Illegal Immigrants Demand Amnesty – Tucker Carlson

Rep. Bob Goodlatte on chain migration, FBI revelations

Taxpayers fund commercial flights for illegal immigrants

Illegal Aliens Quietly Being Relocated Throughout U.S. on Commercial Flights

Donald Trump lays out three steps of his immigration policy

Trump: It is realistic to deport all illegal immigrants

Inside Trump’s impromptu White House press conference

Listen: Trump says he would speak to Mueller under oath

Hear Trump’s full exchange with reporters

Donald Trump explains his immigration plan

Donald Trump lays out three steps of his immigration policy

Trump: It is realistic to deport all illegal immigrants

Inside Trump’s impromptu White House press conference

Listen: Trump says he would speak to Mueller under oath

Hear Trump’s full exchange with reporters

Donald Trump explains his immigration plan

Ingraham Warns Trump Not to Renege on Immigration Promises

Tucker Carlson blasts Trump’s ‘negotiation skills’ on immigration

Tucker Carlson blasts Trump’s ‘negotiation skills’ on immigration

Trump’s immigration meeting was lowest day of presidency: Ann Coulter

Sen. Tom Cotton on chain migration, Tillerson speculation

BEST VERSION: Reagan on Amnesty & Illegal Immigration

President Reagan’s Remarks at Ceremony for Immigration Reform and Control Act. November 6, 1986

The Immigration Reform and Control Act of 1986

Immigration Reform and Control Act of 1986

“They’re all Illegals” Adam Carolla REACTS to DACA termination by President Trump

Immigration by the Numbers — Off the Charts

‘Amnesty Don’ Trends at Number One on Twitter in Washington, D.C.

“Amnesty Don” is trending, everyone. My question: Will that change Trump’s mind by 8 am?

Trump’s biggest supporters immediately took to Twitter using the hashtag “#AmnestyDon” to blast the President for his choice to give into DACA amnesty.

DACA recipients currently hold upwards of 700,000 U.S. jobs. An ultimate end to the program – with DACA recipients not getting amnesty –would result in a 700,000 job stimulus for American workers. This would amount to nearly 30,000 new U.S. job openings for American workers every month once the program is officially phased out.

Although screening for DACA was previously touted as being sufficient in keeping criminals out, United States Citizenship and Immigration Services (USCIS) revealed that more than 2,100 recipients had their status revoked for being criminals or gang members.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.

http://www.breitbart.com/big-government/2017/09/13/amnesty-don-trends-at-number-one-on-twitter-in-washington-d-c/

 

Trump offers to triple Obama’s amnesty number in exchange for tougher security laws

President Trump will submit his immigration proposal to Congress next week. (Associated Press/File)
President Trump will submit his immigration proposal to Congress next week. (Associated Press/File) more >
 – The Washington Times – Updated: 6:45 p.m. on Thursday, January 25, 2018

President Trump will propose a pathway to citizenship for 1.8 million illegal immigrant Dreamers, nearly tripling the Obama-era DACA program, the White House said Thursday.

Mr. Trump’s vision, which he will submit to Congress next week, would grant legal status to fewer than the 3 million people under the plan Senate Democrats have backed. But the number of people is far higher than the 690,000 in the Deferred Action for Childhood Arrivals program.

White House officials said they felt they had to go that far in order to demand major changes on the security side, including an end to catch-and-release of illegal immigrants snared at the border, faster deportations for those caught overstaying their visas inside the U.S. and $25 billion for Mr. Trump’s wall.

The president also will demand strict limits on the chain of family migration across the board — not just for newly legalized Dreamers.

He would allow immigrants to petition for spouses and minor children but would eliminate parents, siblings and adult children from chain migration. Extended family already in the backlog would be allowed to enter, but no further applications would be accepted.

The combination of legalization and security puts Mr. Trump squarely in the middle of the immigration debate, between Democrats who want a more generous amnesty and House Republicans who opposed citizenship and were instead pushing a massive package of security changes.

“As part of this effort to ensure there is full bipartisan support for this package, we believe the total number that will be able to apply for legal status … will be a population of individuals of 1.8 million people,” a senior White House official said.

The official said Mr. Trump wouldn’t agree to a deal on Dreamers without the border security, enforcement and policy changes.

“This is kind of a bottom line for the president,” another official told reporters at the White House.

The plan calls for a $25 billion trust fund to build Mr. Trump’s border wall and other infrastructure. That would ensure a future Congress couldn’t withhold the money.

Mr. Obama supported a path to citizenship for Dreamers but was unable to get that legislation through Congress, which was why his administration circumvented Capitol Hill to create the DACA program.

Begun in 2012, the program approved some 800,000 people for renewable two-year permits granting them a stay of deportation and authority to work in the U.S. Of those people, some 690,000 were still protected under DACA as of late last year.

Of the additional 1.1 million people Mr. Trump would enroll, about 600,000 were eligible for DACA but, for various reasons, didn’t apply, and 500,000 or so who would be admitted under adjusted timelines.

The White House called the 1.8 million “a dramatic concession by the White House to get to 60 votes in the Senate.”

It would take the immigrants 10 to 12 years to earn citizenship.

Sen. Ted Cruz, Texas Republican, said the president had embraced an amnesty that even President Obama was denied.

“I do not believe we should be granting a path to citizenship to anybody here illegally,” he said. “All of these proposals being floated that have a path to citizenship for DACA recipients are markedly to the left of where President Obama was. DACA itself has no path to citizenship under President Obama’s illegal executive amnesty.”

Democrats remained skeptical of Mr. Trump’s support for citizenship, which he announced to reporters on Wednesday.

“What he says on Tuesday is not necessarily what he says on Thursday,” said Sen. Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee.

Other Democrats said Mr. Trump’s calculus of a trade of Dreamers for the wall was still unacceptable.

“I do not support border wall funding,” said Sen. Cory A. Booker, New Jersey Democrat.

He said he was holding out hope that Dreamers could get citizenship without a wall.

“I’m a prisoner of hope, but that does not mean I have some Pollyannaish view that this is going to work out,” said Mr. Booker. “Hope is work, hope is sacrifice, so we are going to fight this.”

Still, Sen. Michael F. Bennet, Colorado Democrat, said the president’s move toward citizenship for Dreamers was encouraging.

“I think there is a general consensus among people working on this that a pathway has to be part of it,” he said.

The White House plan could undercut efforts by House conservatives, who back a much tougher security plan. That would grant the 690,000 people under DACA a new legal status of three-year work permits, approved by Congress, in exchange for mandatory use of E-Verify for employers to check work status, curtailing abuse of the asylum system, cracking down on sanctuary cities and punishing repeat illegal immigrants.

The White House said it envisioned Mr. Trump’s plan as the basis for Senate negotiations but expected the House to pass its own bill.

“We’re not trying to force something on the House at this point. I think the House has got its own independent process,” an adviser said.

The White House said the president’s plan would boost security at the northern border as well, which could entice senators in Montana, North Dakota and Minnesota who are calling for attention to the U.S.-Canada line.

Mr. Trump’s plan would cancel the Diversity Visa Lottery, which gives 50,000 visas per year based on chance. Those visas would be recaptured and used to reduce the backlog in merit-based migration.

The president also asked Congress to allow faster deportations for those who overstay their visitors’ visas, who could account for half of all new illegal immigration.

Mr. Trump said Congress must change the laws to help end the catch-and-release policy that applies to countries other than Mexico and Canada who cannot be quickly turned back home.

Under the current system, migrants who cannot be detained are released with the hope that they will return for their deportation hearings. They rarely do.

The White House said it had dozens of other enforcement changes it could have demanded, such as E-Verify, but it would pursue those later.

“This is the first bite,” said a White House official. “There is a second phase to this. There are 11 million people who live here illegally.”

The plan is unlikely to please activists on either side of the debate.

Indeed, immigrant rights groups were skeptical even after Mr. Trump said he would support full citizenship rights.

Frank Sharry, executive director of America’s Voice, called it “a spoonful of sugar before the bitter medicine of Trump’s far-reaching nativist agenda.”

“No way. We won’t stand for it,” he said. “They don’t get to exploit a crisis they created to take a wrecking ball to the Statue of Liberty.”

https://www.washingtontimes.com/news/2018/jan/25/trump-amnesty-cover-18-million-dreamers/

 

Trump Proposes Citizenship for Dreamers in Exchange for Wall, Other Concessions

Administration also looking to restrict family-based immigration and hiring more border agents, immigration judges and prosecutors

Immigrant rights groups rallied on Thursday in Hartford, Conn., as lawmakers in Washington negotiated an immigration deal.
Immigrant rights groups rallied on Thursday in Hartford, Conn., as lawmakers in Washington negotiated an immigration deal. PHOTO: JOHN MOORE/GETTY IMAGES

WASHINGTON—President Donald Trump proposed a path to citizenship for 1.8 million undocumented immigrants brought to the U.S. as children, if lawmakers agree to create a $25 billion fund to expand barriers along the Mexico border and make other changes to the immigration system.

The proposal, presented to Senate leaders on Thursday, would additionally restrict family-based immigration, which is the channel by which most immigrants have come to the U.S. for the past 50 years. The White House plan also calls for an end to a lottery-type program that randomly awards 50,000 visas annually to foreigners.

Mr. Trump was in Davos, Switzerland, for the World Economic Forum on Thursday. But his top aides told Senate Majority Leader Mitch McConnell that the president would sign into law legislation that included these changes. The Republican leader responded that he intended to bring such a bill to a vote during the week of Feb. 5, White House officials said.

It wasn’t immediately clear whether Mr. McConnell could find enough support for such a measure. Passage needs a total of 60 votes in the Senate that will require backing from Republicans, who hold 51 seats, and some Democrats.

And White House officials on Thursday acknowledged that approval was an even bigger question in the House, where a small but powerful wing of conservative Republicans can—and often do—prevent their party from acting without help from Democrats.

The biggest question Thursday was how conservatives will react to Mr. Trump’s support for citizenship for the Dreamers, who were shielded from deportation by actions taken by former President Barack Obama. About 700,000 immigrants registered for that program, known as Deferred Action for Childhood Arrivals.

Mr. Trump’s plan would protect those people, plus others who would otherwise qualify. That brings the total to about 1.8 million people who could become citizens within 10 to 12 years, White House officials said.

“This represents a dramatic concession by the White House to get to 60 votes from the Senate,” a senior administration official said, describing the bill as a “compromise on many fronts.”

Mr. Trump’s path to citizenship would also include requirements for work, education and “good moral character,” which has long been one of the requirements for naturalization in the U.S. That status could be revoked in the case of criminal conduct, public safety concerns or dependency on the government for subsistence, such as cash assistance.

When the president suggested he would be in favor of a plan late Wednesday before leaving for Davos, the conservative website Breitbart.com ran a headline referring to Mr. Trump as “Amnesty Don.”

But Mr. Trump has long said he was open to protecting Dreamers, and the White House is betting that his supporters will overlook those concessions if he can secure funding for a border wall. While Mr. Trump promised voters he would make Mexico pay for the wall, his plan instead asks Congress to find $25 billion for a trust fund that future lawmakers couldn’t divert to other programs.

The total price tag on Mr. Trump’s plan for border security—along both the southern and northern border—would cost billions more, White House officials said. Asked if it would cost another $5 billion, one White house official said that amount was “in the ballpark.”

Additional border security measures the president is seeking include standardizing treatment of undocumented immigrants, regardless of country of origin; expediting removal of those who overstayed their visa; and hiring additional border agents, immigration judges, and prosecutors.

“A expeditious removal process is going to be a huge deterrent for new people coming in illegally, which will many, many, many lives,” a senior administration official said. “Once people see there is predictability in the system, they will stop coming in illegally.”

On family-based immigration, Mr. Trump’s plan would restrict so-called chain migration to only spouses and minor children. The administration argues that successive rounds of family-based admissions tilts the immigrant pool away from young, skilled workers best equipped to prosper and assimilate.

Those who have already applied for family-based immigration would be allowed to continue through the process, under Mr. Trump’s plan.

Some of that backlog would be cleared by using slots from the Diversity Visa Lottery. The president called for an end to the process, a marginal visa program once tied to efforts to help Irish migrants, after it was used by the man accused of driving a rented truck through a crowd of cyclists and pedestrian in New York City.

Ending the program would also free up visas to be used for skilled migrants, a White House official said.

“The president campaigned pretty hard on immigration—this is something he’s given on,” a senior White House official said, calling the proposal, “kind of a bottom line for the president.”

https://www.wsj.com/articles/democrats-try-to-narrow-focus-of-an-immigration-deal-1516903971

Senator Richard J. Durbin, Democrat of Illinois, met with the young unauthorized immigrants known as Dreamers and their supporters outside the Capitol last week. CreditErin Schaff for The New York Times

WASHINGTON — President Trump proposed legislation on Thursday that would provide a path to citizenship for as many as 1.8 million young undocumented immigrants in exchange for an end to decades of family-based migration policies, a costly border wall and a vast crackdown on other immigrants living in the country illegally.

Describing the plan as “extremely generous” but a take-it-or-leave-it proposal, White House officials said they hoped it would be embraced by conservatives and centrists in Congress as the first step in an even broader effort to fix the nation’s immigration system.

Officials said the legislation would pave the way to citizenship not only for the 690,000 people who had signed up for protection under an Obama-era program, known as Deferred Action for Childhood Arrivals, or DACA, but also for another 1.1 million undocumented immigrants who would have qualified for the program but never applied. Mr. Trump ended the DACA program, whose protections did not include a path to citizenship, last September.

But the new plan — drafted by Stephen Miller, the president’s hard-line domestic policy adviser, and John F. Kelly, the White House chief of staff — was immediately rejected by Democrats, immigration advocates and some Republicans, with some describing it as nothing but an attempt to rid the country of immigrants and shut the nation’s borders.

Republican and Democratic senators are working on a narrower immigration plan of their own. They hope that if it can pass the Senate with a strong bipartisan majority, it will put pressure on the House — where attempts at immigration overhauls have died in recent years — to pass the legislation as well.

Senate passage of a bipartisan bill could perhaps leave Mr. Trump with the take-it-or-leave-it decision. Just over two weeks ago, in a televised negotiating session at the White House, Mr. Trump said he would sign anything that got to him.

Senators Lindsey Graham of South Carolina and Jeff Flake of Arizona — Republicans who have in the past fought against hard-line immigration policies — said the Senate was unlikely to simply accept the president’s legislation.

“We’re getting started without them,” Mr. Flake said. Mr. Graham said bluntly, “This is a negotiation.”

Members of both parties said that legislation would have a better chance of passing if it focused on legal status for DACA recipients without a dramatic crackdown on illegal immigrants or new restrictions on legal immigration for extended family members.

“If you start putting in all of these highly charged toxic issues, it’s just not going to work,” said Senator Bill Nelson, Democrat of Florida.

Anti-immigration activists also assailed the plan, though for the opposite reason. Breitbart News greeted word of the president’s plan with the headline “Amnesty Don Suggests Citizenship for Illegal Aliens.”

Under Mr. Trump’s plan, described to reporters by senior White House officials, young immigrants who were brought into the United States illegally as children would be granted legal status, would be allowed to work, and could become citizens over a 10-to-12-year period if they remained out of trouble with the law.

In exchange, Congress would have to create a $25 billion trust fund to pay for a southern border wall, dramatically increase immigration arrests, speed up deportations, crack down on people who overstay their visas, prevent citizens from bringing their parents to the United States, and end a State Department program designed to encourage migration from underrepresented countries.

White House officials said that the list of enhanced security measures — which have been on anti-immigration wish lists for decades — were nonnegotiable. They warned that if no deal is reached, DACA recipients will face deportation when the program fully expires on March 5.

One senior official said the young immigrants would not be targeted, but are “illegal immigrants” who would be processed for deportation if they came into contact with immigration officers.

Eddie Vale, a Democratic consultant working with a coalition of immigration groups, described the president’s proposal as an effort to sabotage bipartisan talks and win passage of “a white supremacist wish list.”

Officials said the president’s decision to formally present a plan to Congress was a direct response to members of Congress, including Senator Mitch McConnell of Kentucky, the majority leader, who had complained that they did not know where the president stood in the immigration debate.

“We’re basically signaling that this is the bill the president can sign,” one senior official said during the briefing.

Officials said they expected Mr. McConnell to bring the president’s plan to the Senate floor for a vote during the week of Feb. 5, just days before the Feb. 8 expiration of a short-term government spending plan.

The president’s legislative proposal is designed to exert maximum pressure on Democrats, who are desperate to protect the young immigrants, known as Dreamers, but who fiercely oppose the policies embraced by hard-liners like Mr. Miller.

The strategy would work only if the Senate fails to reach a broad bipartisan accord on an alternative: legislation that would protect the Dreamers and bolster border security, but reject the most draconian aspects of the White House’s proposal.

Mr. Trump hinted at the proposal to come on Wednesday evening in impromptu comments suggesting that he was open to allowing some of the young immigrants to become citizens in 10 to 12 years. But his comments were quickly followed on Thursday morning by a White House email warning of a flood of immigrants into the country and demanding an end to policies that allow families to sponsor the immigration of their immediate relatives.

And even as Mr. Trump was offering reassuring words to the Dreamers — “tell them not to worry,” he told reporters Wednesday evening — senior White House officials were emphasizing the more hard-line features of their forthcoming immigration proposal.

In September, Mr. Trump ended the DACA program and set it to expire at the beginning of March, when recipients would no longer be able to work legally in the United States and would once again face the threat of deportation.

Democratic lawmakers and activists say they will refuse to accept any proposal that requires them to forsake the well-being of other immigrants, including the parents of the Dreamers, to secure the fate of the young immigrants themselves.

“It is shameful that the White House is holding these youth hostage in exchange for their extreme immigration agenda,” said Kevin Appleby, the senior director of international migration policy for the Center for Migration Studies.

On Thursday, a bipartisan group of senators calling itself the Common Sense Coalition gathered in the office of Senator Susan Collins, Republican of Maine, to discuss the immigration issue. At issue is the scope of the bill. Some senators want to draft a narrow bill that bolsters border security and codifies protections now extended to DACA recipients, which do not include a path to citizenship. Others say the legislation should take Mr. Trump up on his offer of citizenship, but to do that, lawmakers might have to take the rest of the White House’s deal.

“Do we simply codify what DACA is and extend it out over a period of time, or do we try to go farther than that as the president is suggesting?” asked Senator Mike Rounds, Republican of South Dakota. “If you do that, you have to address the issue of chain migration, and that’s where it becomes a lot more complicated.”

Hard-liners, apparently led by Senator John Cornyn of Texas, the No. 2 Republican in the Senate, say the White House’s strategy needs to be considered — and that means four elements: Dreamers; border security and a wall; chain migration; and an end to the diversity visa lottery.

“Everybody wants to alter reality in a way that sort of suits their needs,” Mr. Cornyn said. “But the reality is the president said there has to be four pillars. People just need to accept that and deal with it.”

Senator Richard J. Durbin, Democrat of Illinois, and Mr. Graham have been leading bipartisan talks on immigration. Their initial proposal — which did not include the president’s more hard-line proposals — was rejected by Mr. Trump during a White House meeting in which the president used vulgarities to describe Africans.

872COMMENTS

On Wednesday night, Mr. Graham held a meeting with a far larger group of about 30 senators. They decided that Mr. Durbin, the No. 2 Democrat in the Senate, and Mr. Cornyn would each function as a clearinghouse for ideas on immigration from their respective parties.

“We’ve got more people in the room, which is good,” Mr. Graham said. “We’re getting more input. We’ve just got to turn it into more output.”

  https://www.nytimes.com/2018/01/25/us/politics/trump-immigration-plan-white-house.html

 

Trump offers to triple Obama’s amnesty number in exchange for tougher security laws

President Trump will submit his immigration proposal to Congress next week. (Associated Press/File)
President Trump will submit his immigration proposal to Congress next week. (Associated Press/File) more >
 – The Washington Times – Updated: 6:45 p.m. on Thursday, January 25, 2018

President Trump will propose a pathway to citizenship for 1.8 million illegal immigrant Dreamers, nearly tripling the Obama-era DACA program, the White House said Thursday.

Mr. Trump’s vision, which he will submit to Congress next week, would grant legal status to fewer than the 3 million people under the plan Senate Democrats have backed. But the number of people is far higher than the 690,000 in the Deferred Action for Childhood Arrivals program.

White House officials said they felt they had to go that far in order to demand major changes on the security side, including an end to catch-and-release of illegal immigrants snared at the border, faster deportations for those caught overstaying their visas inside the U.S. and $25 billion for Mr. Trump’s wall.

The president also will demand strict limits on the chain of family migration across the board — not just for newly legalized Dreamers.

He would allow immigrants to petition for spouses and minor children but would eliminate parents, siblings and adult children from chain migration. Extended family already in the backlog would be allowed to enter, but no further applications would be accepted.

The combination of legalization and security puts Mr. Trump squarely in the middle of the immigration debate, between Democrats who want a more generous amnesty and House Republicans who opposed citizenship and were instead pushing a massive package of security changes.

“As part of this effort to ensure there is full bipartisan support for this package, we believe the total number that will be able to apply for legal status … will be a population of individuals of 1.8 million people,” a senior White House official said.

The official said Mr. Trump wouldn’t agree to a deal on Dreamers without the border security, enforcement and policy changes.

“This is kind of a bottom line for the president,” another official told reporters at the White House.

The plan calls for a $25 billion trust fund to build Mr. Trump’s border wall and other infrastructure. That would ensure a future Congress couldn’t withhold the money.

Mr. Obama supported a path to citizenship for Dreamers but was unable to get that legislation through Congress, which was why his administration circumvented Capitol Hill to create the DACA program.

Begun in 2012, the program approved some 800,000 people for renewable two-year permits granting them a stay of deportation and authority to work in the U.S. Of those people, some 690,000 were still protected under DACA as of late last year.

Of the additional 1.1 million people Mr. Trump would enroll, about 600,000 were eligible for DACA but, for various reasons, didn’t apply, and 500,000 or so who would be admitted under adjusted timelines.

The White House called the 1.8 million “a dramatic concession by the White House to get to 60 votes in the Senate.”

It would take the immigrants 10 to 12 years to earn citizenship.

Sen. Ted Cruz, Texas Republican, said the president had embraced an amnesty that even President Obama was denied.

“I do not believe we should be granting a path to citizenship to anybody here illegally,” he said. “All of these proposals being floated that have a path to citizenship for DACA recipients are markedly to the left of where President Obama was. DACA itself has no path to citizenship under President Obama’s illegal executive amnesty.”

Democrats remained skeptical of Mr. Trump’s support for citizenship, which he announced to reporters on Wednesday.

“What he says on Tuesday is not necessarily what he says on Thursday,” said Sen. Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee.

Other Democrats said Mr. Trump’s calculus of a trade of Dreamers for the wall was still unacceptable.

“I do not support border wall funding,” said Sen. Cory A. Booker, New Jersey Democrat.

He said he was holding out hope that Dreamers could get citizenship without a wall.

“I’m a prisoner of hope, but that does not mean I have some Pollyannaish view that this is going to work out,” said Mr. Booker. “Hope is work, hope is sacrifice, so we are going to fight this.”

Still, Sen. Michael F. Bennet, Colorado Democrat, said the president’s move toward citizenship for Dreamers was encouraging.

“I think there is a general consensus among people working on this that a pathway has to be part of it,” he said.

The White House plan could undercut efforts by House conservatives, who back a much tougher security plan. That would grant the 690,000 people under DACA a new legal status of three-year work permits, approved by Congress, in exchange for mandatory use of E-Verify for employers to check work status, curtailing abuse of the asylum system, cracking down on sanctuary cities and punishing repeat illegal immigrants.

The White House said it envisioned Mr. Trump’s plan as the basis for Senate negotiations but expected the House to pass its own bill.

“We’re not trying to force something on the House at this point. I think the House has got its own independent process,” an adviser said.

The White House said the president’s plan would boost security at the northern border as well, which could entice senators in Montana, North Dakota and Minnesota who are calling for attention to the U.S.-Canada line.

Mr. Trump’s plan would cancel the Diversity Visa Lottery, which gives 50,000 visas per year based on chance. Those visas would be recaptured and used to reduce the backlog in merit-based migration.

The president also asked Congress to allow faster deportations for those who overstay their visitors’ visas, who could account for half of all new illegal immigration.

Mr. Trump said Congress must change the laws to help end the catch-and-release policy that applies to countries other than Mexico and Canada who cannot be quickly turned back home.

Under the current system, migrants who cannot be detained are released with the hope that they will return for their deportation hearings. They rarely do.

The White House said it had dozens of other enforcement changes it could have demanded, such as E-Verify, but it would pursue those later.

“This is the first bite,” said a White House official. “There is a second phase to this. There are 11 million people who live here illegally.”

The plan is unlikely to please activists on either side of the debate.

Indeed, immigrant rights groups were skeptical even after Mr. Trump said he would support full citizenship rights.

Frank Sharry, executive director of America’s Voice, called it “a spoonful of sugar before the bitter medicine of Trump’s far-reaching nativist agenda.”

“No way. We won’t stand for it,” he said. “They don’t get to exploit a crisis they created to take a wrecking ball to the Statue of Liberty.”

https://www.washingtontimes.com/news/2018/jan/25/trump-amnesty-cover-18-million-dreamers/

 

Trump Proposes Citizenship for Dreamers in Exchange for Wall, Other Concessions

Administration also looking to restrict family-based immigration and hiring more border agents, immigration judges and prosecutors

Immigrant rights groups rallied on Thursday in Hartford, Conn., as lawmakers in Washington negotiated an immigration deal.
Immigrant rights groups rallied on Thursday in Hartford, Conn., as lawmakers in Washington negotiated an immigration deal. PHOTO: JOHN MOORE/GETTY IMAGES

WASHINGTON—President Donald Trump proposed a path to citizenship for 1.8 million undocumented immigrants brought to the U.S. as children, if lawmakers agree to create a $25 billion fund to expand barriers along the Mexico border and make other changes to the immigration system.

The proposal, presented to Senate leaders on Thursday, would additionally restrict family-based immigration, which is the channel by which most immigrants have come to the U.S. for the past 50 years. The White House plan also calls for an end to a lottery-type program that randomly awards 50,000 visas annually to foreigners.

Mr. Trump was in Davos, Switzerland, for the World Economic Forum on Thursday. But his top aides told Senate Majority Leader Mitch McConnell that the president would sign into law legislation that included these changes. The Republican leader responded that he intended to bring such a bill to a vote during the week of Feb. 5, White House officials said.

It wasn’t immediately clear whether Mr. McConnell could find enough support for such a measure. Passage needs a total of 60 votes in the Senate that will require backing from Republicans, who hold 51 seats, and some Democrats.

And White House officials on Thursday acknowledged that approval was an even bigger question in the House, where a small but powerful wing of conservative Republicans can—and often do—prevent their party from acting without help from Democrats.

The biggest question Thursday was how conservatives will react to Mr. Trump’s support for citizenship for the Dreamers, who were shielded from deportation by actions taken by former President Barack Obama. About 700,000 immigrants registered for that program, known as Deferred Action for Childhood Arrivals.

Mr. Trump’s plan would protect those people, plus others who would otherwise qualify. That brings the total to about 1.8 million people who could become citizens within 10 to 12 years, White House officials said.

“This represents a dramatic concession by the White House to get to 60 votes from the Senate,” a senior administration official said, describing the bill as a “compromise on many fronts.”

Mr. Trump’s path to citizenship would also include requirements for work, education and “good moral character,” which has long been one of the requirements for naturalization in the U.S. That status could be revoked in the case of criminal conduct, public safety concerns or dependency on the government for subsistence, such as cash assistance.

When the president suggested he would be in favor of a plan late Wednesday before leaving for Davos, the conservative website Breitbart.com ran a headline referring to Mr. Trump as “Amnesty Don.”

But Mr. Trump has long said he was open to protecting Dreamers, and the White House is betting that his supporters will overlook those concessions if he can secure funding for a border wall. While Mr. Trump promised voters he would make Mexico pay for the wall, his plan instead asks Congress to find $25 billion for a trust fund that future lawmakers couldn’t divert to other programs.

The total price tag on Mr. Trump’s plan for border security—along both the southern and northern border—would cost billions more, White House officials said. Asked if it would cost another $5 billion, one White house official said that amount was “in the ballpark.”

Additional border security measures the president is seeking include standardizing treatment of undocumented immigrants, regardless of country of origin; expediting removal of those who overstayed their visa; and hiring additional border agents, immigration judges, and prosecutors.

“A expeditious removal process is going to be a huge deterrent for new people coming in illegally, which will many, many, many lives,” a senior administration official said. “Once people see there is predictability in the system, they will stop coming in illegally.”

On family-based immigration, Mr. Trump’s plan would restrict so-called chain migration to only spouses and minor children. The administration argues that successive rounds of family-based admissions tilts the immigrant pool away from young, skilled workers best equipped to prosper and assimilate.

Those who have already applied for family-based immigration would be allowed to continue through the process, under Mr. Trump’s plan.

Some of that backlog would be cleared by using slots from the Diversity Visa Lottery. The president called for an end to the process, a marginal visa program once tied to efforts to help Irish migrants, after it was used by the man accused of driving a rented truck through a crowd of cyclists and pedestrian in New York City.

Ending the program would also free up visas to be used for skilled migrants, a White House official said.

“The president campaigned pretty hard on immigration—this is something he’s given on,” a senior White House official said, calling the proposal, “kind of a bottom line for the president.”

https://www.wsj.com/articles/democrats-try-to-narrow-focus-of-an-immigration-deal-1516903971

End Chain Migration

 

Chain Migration refers to the endless chains of foreign nationals who are allowed to immigrate to the United States because citizens and lawful permanent residents are allowed to sponsor their non-nuclear family members.

It is the primary mechanism that has caused legal immigration in the U.S. to quadruple from about 250,000 per year in the 1950s and 1960s to more than 1 million annually since 1990. As such, it is one of the chief culprits in America’s current record-breaking population boom and all the attendant sprawl, congestion, and school overcrowding that damage Americans’ quality of life.

HOW CHAIN MIGRATION WORKS

 

Chain Migration starts with a foreign citizen chosen by our government to be admitted on the basis of what he/she is supposed to offer in our national interest. The Original Immigrant is allowed to bring in his/her nuclear family consisting of a spouse and minor children. After that, the chain begins. Once the Original Immigrant and his/her spouse becomes a U.S. citizen, they can petition for their parents, adult sons/daughters and their spouses and children, and their adult siblings.

The Family-Chain categories are divided into four separate preferences:

  • 1st Preference: Unmarried sons/daughters of U.S. citizens and their children (capped at 23,400/year)
  • 2nd Preference: Spouses, children, and unmarried sons/daughters of green card holders (capped at 114,000/year)
  • 3rd Preference: Married sons/daughters of U.S. citizens and their spouses and children (capped at 23,400/year)
  • 4th Preference: Brothers/sisters of U.S. citizens (at least 21 years of age) and their spouses and children (capped at (65,000/year)

CHAIN MIGRATION LEADS TO ILLEGAL IMMIGRATION

 

Due to Chain Migration, distant relatives of original immigrants may come to see immigration as a right or entitlement. When they realize that they may, in fact, have to wait years for a visa to become available because of annual caps and per-country limits on several of the family-based immigration categories, many decide to come illegally while they wait for their turn.

According to recent Visa Bulletins prepared by the U.S. Department of State, green cards are currently being issued to Philippino-born adult brothers and sisters of U.S. citizens (the fourth preference under the family-sponsored categories) who first filed their green card applications in the early-1990s. While these adult family members are guaranteed green cards under current law, the wait time is so long, these family members instead choose to come to the United States and remain here illegally until their green card becomes available. In fact, the long wait times created by Chain Migration was one factor leading to Congress’ decision to increase the annual caps on legal immigration in 1990.

LEGISLATIVE HISTORY OF CHAIN MIGRATION

 

Immigration Act of 1924 — Congress exempted spouses and unmarried adult children between 18-21 from per-country quotas

Immigration and Nationality Act of 1952 — Congress created chain categories for parents, adult children, and adult siblings in a limited number of countries. Highly-educated or skilled immigrants, however, received priority.

Immigration Act of 1965 (Hart-Celler Act) — Congress extended the chains to every country of the world and reversed the priority so that the chain categories had preference over skill categories.

Immigration Act of 1990 — Congress raised the caps on chain categories.

The 1952 Immigration and Nationality Act established a four-category selection system for countries in the Eastern Hemisphere (Northern and Western Europe were heavily favored). As in the past, the Western Hemisphere was not subject to numerical limitations. The first preference, accounting for 50 percent of all green cards issues, went to skilled immigrants. The next three categories were divided among specified relatives of U.S. citizens and permanent resident aliens.

  • 30 percent were made available to parents of U.S. citizens aged 21 or older.
  • 20 percent were made available to the spouses and children of lawful permanent residents.
  • Unused visas (capped at 25 percent per country) were made available to adult siblings and adult children of U.S. citizens.

From “A Brief History of U.S. Immigration Policy” by Joyce Vialet, Congressional Research Service, December 22, 1980:

Although U.S. immigration policy incorporated family relationships as a basis for admitting immigrants as early as the 1920s, the promotion of family reunification found in current law originated with the passage of the 1952 Immigration and Nationality Act (INA, P.L. 82-414). While the 1952 act largely retained the national origins quota system established in the Immigration Act of 1924, it also established a hierarchy of family-based preferences that continues to govern contemporary U.S. immigration policy today, including prioritizing spouses and minor children over other relatives and relatives of U.S. citizens over those of lawful permanent residents (LPRs).

Immigration numbers soared during the second half of the 1950s and early-1960s, with more than half of all immigration coming from the Western Hemisphere which was not subject to numerical limitations. According to the Congressional Research Service:

The gradual recognition that the national origins quota system was not functioning effectively as a means of regulating immigration was an important factor leading to the major policy revision which came in 1965.

The 1965 Immigration and Nationality Act made two significant changes that, in combination with the chain categories, doubled immigration over the next 25 years.

  • Revised the means by which immigration was regulated by replacing the national origin quotas with annual limits:
    • 170,000 annual limit for the Eastern Hemisphere
      • 20,000 per country
    • 120,000 annual limit for the Western Hemisphere
      • 20,000 per country (added in 1976)
  • Reversed the priority system for the Eastern Hemisphere so the chain categories gained preference over education and skills.
    • Amendments in 1976 applied the preference system to the Western Hemisphere as well.

In 1976, Congress amended the 1965 bill by reversing the priority system — family-sponsored then employment-based — for both the Eastern and Western Hemispheres. Then, In 1978, Congress ended the per-county limits and replaced them with a single worldwide cap of 290,000. Through passage of the Refugee Act of 1980, Congress reduced the worldwide cap to 270,000, but removed Refugees as a preference.

The 1990 Immigration Act raised the annual caps on these chain categories in bold (P.L. 101-649, Section 111):

  • unlimited for parents of adult U.S. citizens
  • 23,400 for unmarried adult children of citizens
  • 114,200 for spouses and minor children of legal permanent residents; and unmarried adult children of LPRs (with 77% reserved for spouses and minor children)
  • 23,400 for married children of citizens
  • 65,000 for adult siblings of citizens age 21 and over

THE SOLUTION: RAISE ACT

 

The Immigration Act of 1990 called for a bi-partisan commission to “review and evaluate the impact of this Act and the amendments made by this Act” and to issue findings and recommendations on (among other things) the “impact of immigration…on labor needs, employment, and other economic and domestic conditions in the United States.”

The commission, chaired by Barbara Jordan, recommended the elimination of the chain migration categories.

“Unless there is a compelling national interest to do otherwise, immigrants should be chosen on the basis of the skills they contribute to the U.S. economy. The Commission believes that admission of nuclear family members and refugees provide such a compelling national interest, even if they are low-skilled. Reunification of adult children and siblings of adult citizens solely because of their family relationship is not as compelling.” – Barbara Jordan, June 28, 1995

Sen. Tom Cotton (R-Ark.) introduced legislation that would end Chain Migration based on the Jordan Commission’s recommendations – the Reforming American Immigration for Strong Employment (RAISE) Act (S. 354). The bill would reduce legal immigration by up to 50% by ending future chain migration and the diversity visa lottery.

https://www.numbersusa.com/solutions/end-chain-migration

Story 2: President Trump Woos World Leaders To Invest in America at World Economic Forum (WEF) in Davos Global Gathering of Corporate and Political Establishment Elitists — Videos

The Ingraham Angle 1/25/18 With Laura Ingraham | The Ingraham Angle Fox News January 25, 2018

Trump arrives in Davos

Trump meets with Theresa May in Davos

Trump threatens to cut off aid to Palestinians

INVESTING IN AMERICA: President Trump Speaks To World Leaders in Davos

President Trump has dinner with European Business Leaders. Davos. World Economic Forum. Jan 25, 2018

President Donald Trump In Davos For World Economic Forum | NBC News

Davos Notebook: Here’s why Trump is at the World Economic Forum

🔴 LIVE: President Trump at DAVOS World Economic Forum 2018 Switzerland

What is Davos?

What is Davos? | CNBC Explains

World Economic Forum opens in Davos

Who’s attending WEF 2018? | Business Today

We want peace and prosperity’ says Trump as he storms Davos with offers of better trade deals and pleas for big business to invest in America

  • President Donald Trump has arrived to Switzerland to participate in the Davos economic conference 
  • Members of his cabinet arrived in advance and joined in panels and interviews 
  • He told reporters, ‘We want great prosperity and we want great peace’
  • He will push his ‘America First’ agenda and seek more fair, reciprocal trade between the US and its allies
  • ‘America first is not America alone,’ said White House senior economic adviser Gary Cohn
  • Trump met British Prime Minister Theresa May after canceling a visit to the UK earlier this month
  • The president and Prime Minster shook hands after reaffirming the ‘Special Relationship’ between the nations
  • Trump said that he would ‘fight’ for Britain and said that any rumors of a fracture in relations were false 
  • Met with Israeli Prime Minister Benjamin Netanyahu who thanked Trump for recognizing Jerusalem as capital
  • He will also attend a reception the White House has said will be held in his honor and meets with CEOs
  • Trump said before departing that he was ‘looking forward’ to speaking to special counsel Robert Mueller
  • Trump, never invited as a businessman, will be the first president to attend Davos since Bill Clinton in 2000
  • The president was not accompanied by his wife Melania, who pulled out of the trip on short notice following allegations that he had an affair with a porn star

‘I think the real message is we want great prosperity and we want great peace,’ Trump said after holding back-to-back meetings with British Prime Minister Theresa May and Israeli Prime Minister Benjamin Netanyahu.

 ‘And I think that really is the message,’ Trump told pool reporters who trailed him at each scheduled meeting at the gathering of bigwigs in the snowy Alpine town.

Trump also renewed his public pitch for investors to pour money into the U.S. ‘It’s been going really well. A lot of people are coming back to the United States. We are seeing tremendous investment,’ he said. ‘And today’s been a very exciting day, very great day and great for our country.

Trump landed on Thursday in Switzerland, where his outsized personality and determination to push an ‘America First’ agenda was upending the annual Davos conference.

To an extent, the annual confab of billionaires and CEOs was centering around Trump even before Air Force One touched down in Zurich, then flew aboard Marine One to Davos in the Swiss Alps.

President Donald Trump says he’s bringing a message of “peace and prosperity” to an annual economic summit in the Swiss Alps

The approximately 40-minute trip took Trump over a snowy countryside dotted with houses, frosted mountains and a glistening lake.

As Trump got off the helicopter in Davos, he gestured to aides who held him by the arms as he walked across the snowy landing zone to his waiting car.

‘We’re very happy to be here,’ Trump said as he arrived. ‘The United States is doing very well, and will continue to do well and this will be a very exciting two days.’

Trump waved to a bank of cameras when he arrived, before being immediately whisked away to the annual gathering of heads of state and business leaders where he had a one-on-one meeting with May.

He then had a meeting with Netanyahu, where the two reaffirmed the historic decision by the United States to recognize Jerusalem as the capital of Israel, and Trump blasted Palestinian leaders for ‘disrespecting’ the U.S.

Before the arrival of Trump it was German Chancellor Angela Merkel who got most of the press as she took on isolationism and protectionism in her remarks here Wednesday, while French President Emmanuel Macron took a dig at Trump over global warming.

Trump’s advisers have said that he will give a full-throated defense of his ‘America First’ policies in a Friday speech, at a time when the conference is wrapping up.

The president was not accompanied by his wife Melania, who pulled out of the trip at short notice following allegations that he had an affair with a porn star.

While the president is expected to declare that the United States is open for business, the protectionist-leaning president’s attendance at the annual gathering for free-trade-loving political and business elites has raised eyebrows.

Security was stepped up 

A squadron of helicopters swooped out of a red morning sky and into Zurich airport on Thursday morning ahead of the arrival of President Trump, who was due to stop there before moving on to Davos

President Donald Trump landed Thursday in Switzerland, where his 'America First' agenda is already upending Davos

President Donald Trump landed Thursday in Switzerland, where his ‘America First’ agenda is already upending Davos

President Trump's helicopter touching down in Davos

President Trump leaving his Marine One helicopter in Davos

The President’s ‘Marine One’ helicopter touched down at Davos after taking him to the ski resort from Zurich airport

The president was not accompanied by his wife Melania, who pulled out of the trip at short notice following allegations that he had an affair with a porn star.

The president was not accompanied by his wife Melania, who pulled out of the trip at short notice following allegations that he had an affair with a porn star.

Marine One carrying US President Donald Trump lands at the heliport during Trump's arrival at the annual meeting of the World Economic Forum

Marine One carrying US President Donald Trump lands at the heliport during Trump’s arrival at the annual meeting of the World Economic Forum

Marine One carrying US President Donald Trump lands at the heliport prior to the economic conference in Davos

The president's motorcade then made its way through the streets of the town after his helicopter touched down

President Donald Trump is trying to dispel the perception that he and British Prime Minister Theresa May don’t get along

His decision to sign new tariffs boosting American manufacturers this week has prompted fresh concerns about his nationalist tendencies.

Trump also seemed eager to dispel concerns about his global leadership.

‘WE LOVE YOU’: TRUMP GREETS MAY IN DAVOS

Donald Trump vowed to ‘fight for’ Britain today as he and Theresa May put on a gushing show of unity in a bid to kill concerns about the state of the Special Relationship.

The US president stressed the warmth of ties as he met the Prime Minister for talks at the World Economic Forum in Davos, saying they ‘respect each other a lot’ and were on the ‘same wavelength’.

As Mrs May nodded in agreement, Mr Trump said he wanted to correct ‘false rumours’ that they did not get on.

‘I think the feeling is mutual from the standpoint of liking each other a lot,’ he said. ‘We love your country.’

He added: ‘There is nothing that would happen to you that we wont be there to fight for you – you know that.’

Mrs May replied: ‘As you say we had a great discussion today and we continue to have that really special relationship with the United States.

‘We stand shoulder to shoulder because we face the same challenges around the world.’

The effusive praise came despite claims of rising tensions, with reports Mr Trump keeps interrupting the PM on the phone and his state visit invite has turned into a ‘nightmare’. There was an extraordinary public row last year after Mr Trump retweeted anti-Muslim posts by a British Far Right group.

As the leaders sat awkwardly next to each other for photographs this afternoon, they said they would be ‘talking about’ the state visit.

During his meeting with May, Trump said the two leaders have a ‘really great relationship, although some people don’t necessarily believe that.’ He said it was a ‘false rumor’ that the relationship was strained and that he wanted to ‘correct it.’

‘We are very much joined at the hip when it comes to the military. We have the same ideas, the same ideals, and there’s nothing that would happen to you that we won’t be there to fight for you,’ he told May. ‘You know that.’

Trump hosted May at the White House days after he took office.

But he recently canceled a planned trip to London to celebrate the opening of the new U.S. embassy.

And last year, Trump and May traded criticism over his retweets of a far-right group’s anti-Muslim videos.

Britain is eager to strike a free trade deal with the U.S. after it leaves the EU in 2019.

And during his meeting with Netanyahu, Trump said that Palestinians must return to peace talks with Israel in order to receive US aid money.

Trump’s decision last year to recognize Jerusalem as Israel’s capital roiled Arab nations and led Palestinians to refuse to meet with Vice President Mike Pence during his visit to the Mideast this week. Palestinians also declared a new U.S.-led peace push dead, saying Washington can no longer be an honest broker.

Trump says U.S. aid to the Palestinians is ‘on the table’ but they won’t get it ‘unless they sit down and negotiate peace.’

Trump commented as he opened a meeting with Israeli Prime Minister Benjamin Netanyahu during an economic summit in Davos, Switzerland.

Netanyahu praised Trump’s decision to recognize Jerusalem as Israel’s capital and to move the U.S. Embassy there from Tel Aviv.

U.S. Treasury Secretary Steven Mnuchin said Thursday that U.S. is ready to negotiate an ‘attractive’ trade deal with Britain once the country has left the European Union.

Trump’s ‘America First’ agenda and aversion to multilateral trade agreements would seem at odds with a global summit that stresses free trade and international cooperation.

But U.S. Treasury Secretary Steven Mnuchin got to Davos ahead of Trump and insisted Wednesday that the United States supports free trade.

‘America First’ does mean working with the rest of the world,’ said Mnuchin, who is leading the largest U.S. delegation ever to attend the exclusive gathering. ‘It just means that President Trump is looking out for American workers and American interests, no different than he expects other leaders would look out for their own.’

No hard feelings: U.S. President Donald Trump shakes hands with Theresa May during their meeting on Thursday in Davos

U.S. Commerce Secretary Wilbur Ross argued that new U.S. tariffs on imported solar-energy components and large washing machines are meant to deal with ‘inappropriate behavior’ by other countries and are not protectionist. Still, Ross conceded that China could respond by imposing its own tariffs on U.S. products.

As he signed the tariffs, Trump said he was heading to Davos to talk ‘about investing in the United States again.’

The president is set to address the forum Friday. He is expected to showcase the booming U.S. economy and measures like his recent tax overhaul, claiming that a thriving America benefits the world. A vocal critic of trade deals he sees as unfair to the United States, Trump will also stress the need for what he sees as fair competition.

The president has criticized global pacts, withdrawing from the Trans-Pacific Partnership on trade, demanding changes to the North American Free Trade Agreement and announcing his intent to exit the Paris climate accord.

In the lead-up to Trump’s arrival, other leaders at the meeting have argued against any drift toward protectionism in the global economy. Indian Prime Minister Narendra Modi said new barriers to trade could pose a danger on a par with climate change and extremist attacks. And Canada’s Justin Trudeau revealed that his country and the 10 remaining members of the Trans-Pacific Partnership have revised their trade deal following the U.S. withdrawal.

During his stay in Switzerland, Trump is also planning to hobnob with other world leaders at a reception the White House said is being held in his honor. He’ll also court European business leaders to try to persuade them to invest in the U.S.

But it was Trump’s unexpected comments about Robert Mueller’s Russia probe that made headlines as he took off for Europe.

‘I’m looking forward to it, actually,’ Trump, told reporters in a surprise press availability in the White House. ‘I would do it under oath,’ he said.

DAVOS: WHERE THE WORLD’S MOST POWERFUL MEET

Every year the world’s political and business leaders are joined by a sprinkling of celebrities gather in Davos for the annual meeting of the World Economic Forum (WEF).

The Swiss resort town has become shorthand for the meeting, which grew from a small group hosted by German academic Klaus Schwab to an event attended by more than 3,000 participants.

President Donald Trump meets with British Prime Minister Theresa May at the World Economic Forum

President Donald Trump meets with British Prime Minister Theresa May at the World Economic Forum

The WEF describes itself as ‘International Organization for Public-Private Cooperation’ and was founded by economist and engineer Schwab in 1971, the year of the first Davos meeting,

Schwab’s vision was for a body that gave leaders from the world of business and government a chance bring their respective abilities together to spark ideas for solving the world’s economic and social problems.

Politicians themselves were first invited in 1974 and two years later the WEF introduced a membership system for businesses.

The WEF boasts that at Davos, Greece and Turkey held talks to avoid war, East and West Germany discussed unification and North and South Korea held their first ever ministerial meetings.

By and large, though, the summit consists of a lot of meetings where ideas are discussed, which are open to the public.

There are also meetings restricted to paying attendees and also a good deal of behind the scenes deal making.

Companies lay on plenty of food and drink laid to encourage networking among the 900 chief executives and 70 odd world leaders while bands, including in the past The Killers, are on hand to provide entertainment.

For participants, the day often starts with a breakfast invite for 7am and there are parties that last until in the early hours.

To get an invite to Davos you’ll probably have to be a world leader or chief executive and if not then running a socially minded company or NGO.

Or you can get your company to pay 27,000 Swiss francs ($29,000) plus membership of the World Economic Forum and a very expensive hotel.

Trump’s posture – wary of global pacts to fight climate change and blasting global trade deals as a ‘ripoff’ to the U.S. – as adverse to some of the overall sentiment at an event that brings celebrities, U.S. politicians and operatives from both parties, and leaders from around the world together.

The theme of the 2018 conference is ‘Creating a Shared Future in a Fractured World.’

First Lady Melania Trump did not accompany her husband on the trip. Her office cited logistical issues, and Trump did not announce his own intention to visit until weeks before the event began, leaving staff scrambling to find accommodations for the president’s retinue.

Trump's advisors have forecast that he will give a full-throated defense of his 'America First' policies in a Friday speech, at a time when the conference is wrapping up 

Trump’s advisors have forecast that he will give a full-throated defense of his ‘America First’ policies in a Friday speech, at a time when the conference is wrapping up

Other than a trip to Mar-a-Lago, the first lady has not been seen with the president since a Wall Street Journal report that Trump personal lawyer Michael Cohen paid $130,000 to adult film star Stormy Daniels just weeks before the 2016 campaign as part of a nondisclosure agreement. Daniels said in previous interviews that have since been published that she had a sexual affair with the president – something Trump denies.

Macron, who is getting a state visit to the U.S. in a high honor, rapped Trump in his opening remarks here.

‘When you arrive here and see the snow, it could be hard to believe in global warming,’ he joked. ‘Obviously you don’t invite anyone skeptical about global warming this year.’

Trump previewed how he would herald the U.S. in a tweet shortly before he took off.

am doing, will only get better…Our country is finally WINNING again!’ he wrote.

Trump’s Commerce secretary, Wilbur Ross, has warned new U.S. trade actions could be coming.

But Alibaba CEO Jack Ma warned here: ‘Don’t use trade as a weapon.’ He added: ‘It’s so easy to launch a trade war, but it’s so difficult to stop the disaster of this war.’

Security at the secretive mountain resort of Davos was ramped up on Thursday morning ahead of the arrival of President Trump.

A tight operation was also in place in Zurich, where the President was due to stop briefly before being ferried to Davos, with heavily armoured police vehicles guarding the tarmac.

Helicopters swooped low out of a red morning sky like a scene from Vietnam war film Apocalypse Now ahead of the President’s arrival.

Trump boarded Marine One out of Washington on Wednesday evening and was expected to arrive in Zurich by mid-morning Thursday, before being ferried to Davos.

US helicopters stop to refuel at Zurich airport before escorting Trump to Davos, where he is due to spend the next two days speaking with world and business leaders

US helicopters stop to refuel at Zurich airport before escorting Trump to Davos, where he is due to spend the next two days speaking with world and business leaders

In Davos itself security was also being stepped up, with snipers positioned on rooftops around the ski resort 

A Swiss Army helicopter patrols the skies above Davos, where the World Economic Forum is being held this week

A Swiss Army helicopter patrols the skies above Davos, where the World Economic Forum is being held this week

First Lady Melania Trump did not accompany her husband to Davos, due to 'scheduling and logistical issues,' according to her office

First Lady Melania Trump did not accompany her husband to Davos, due to ‘scheduling and logistical issues,’ according to her office

He will spend two days mingling among the ‘globalists’ he spent much of the 2016 election campaign trashing, before delivering a speech on Friday.

The President is expected to push his America First agenda and seek more fair, reciprocal trade deals with allies, having bemoaned chronic trade deficits with many of them in the past.

‘America first is not America alone,’ said White House senior economic adviser Gary Cohn, who is traveling with Trump. ‘When we grow, the world grows; when the world grows, we grow. We’re part of it, and we’re part of a world economy. And the president believes that.’

Trump, never invited as a businessman, will be the first U.S. president to attend Davos since Bill Clinton in 2000.

In the run-up to his trip to Davos, Trump slapped a 30 per cent tariff on imported solar panels, among the first unilateral trade restrictions imposed by the administration as part of a broader protectionist agenda.

Then on Wednesday in Davos, U.S. Treasury Secretary Steven Mnuchin said he welcomed a weakening in the dollar. Fears of protectionist trade policies by the United States had already pushed the greenback to a three-year low, and Mnuchin’s remark pushed it down further.

Trump will use his trip for some diplomacy. In addition to the meetings with British Prime Minister Theresa May and Israeli Prime Minister Benjamin Netanyahu on Thursday, the president will see Rwandan President Paul Kagame, current chairman of the African Union, and Swiss President Alain Berset on Friday.

Iran’s growing influence in the Middle East, North Korea’s nuclear challenge and the battle against Islamic State militants figured to be prominent topics of his meetings.

French President Emmanuel Macron told RTS channel that he had ‘strongly recommended’ to Trump to attend the Davos forum during a recent phone conversation they had on Iran … ‘because I think it’s a good thing for President Trump to explain his strategy for the U.S. and the world here in Davos.

‘And that he encounters some form of confrontation and dialogue,’ Macron said.

Trump will host a small dinner for European business executives on Thursday night.

There is broad concern in European capitals that 2018 could be the year Trump’s bark on trade turns into bite, as he considers punitive measures on steel and threatens to end the 90s-era North American Free Trade Agreement with Canada and Mexico.

Trump will appeal for increased global investment in the United States to take advantage of corporate tax cuts approved by Congress late in 2017 and Trump’s deregulatory policies.

Read more: http://www.dailymail.co.uk/news/article-5311077/Security-beefed-Davos-ahead-Trumps-arrival.html#ixzz55Foh1prV

World Economic Forum

From Wikipedia, the free encyclopedia
World Economic Forum
World Economic Forum headquarters (cropped).jpg

Headquarters in Cologny (Switzerland).
World Economic Forum logo.svg
Motto Committed to improving the state of the world
Formation 1971; 47 years ago
Founder Klaus Schwab
Type Nonprofit organization
Legal status Foundation
Purpose Economic[vague]
Headquarters Cologny, Switzerland
Region served
Worldwide
Official language
English
Klaus Schwab
Website www.weforum.org
Formerly called
European Management Forum

The World Economic Forum (WEF) is a Swiss nonprofit foundation, based in ColognyGenevaSwitzerland. Recognized by the Swiss authorities as an international body,[1] its mission is cited as “committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas”.

The forum is best known for its annual meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland. The meeting brings together some 2,500 top business leaders, international political leaders, economists, celebrities and journalists for up to four days to discuss the most pressing issues facing the world. Often this location alone is used to identify meetings, participation, and participants with such phrases as, “a Davos panel” and “a Davos Man”.[2]

The organization also convenes some six to eight regional meetings each year in locations across Africa, East Asia, and Latin America, and holds two further annual meetings in China, India and the United Arab Emirates. Beside meetings, the foundation produces a series of research reports and engages its members in sector-specific initiatives.[3]

History

Professor Klaus Schwab opens the inaugural European Management Forum in Davos in 1971.

F. W. de Klerk and Nelson Mandelashake hands at the annual meeting of the World Economic Forum held in Davos in January 1992

Naoto Kan, then Japanese prime minister gives a special message at the World Economic Forum Annual Meeting 2011

Klaus Schwab, founder and executive chairman, World Economic Forum

Carlos Ghosn, the chairman and CEO of RenaultNissanRenault-Nissan Alliance and the Chairman of AvtoVAZ

The forum was founded in 1971 by Klaus Schwab, a German-born business professor at the University of Geneva.[4] First named the “European Management Forum”, it changed its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts.

In the summer of 1971, Schwab invited 444 executives from Western European firms to the first European Management Symposium held in the Davos Congress Centre under the patronage of the European Commission and European industrial associations, where Schwab sought to introduce European firms to American management practices. He then founded the WEF as a nonprofit organization based in Geneva and drew European business leaders to Davos for the annual meetings each January.[5]

Schwab developed the “stakeholder” management approach, which attributed corporate success to managers actively taking account of all interests: not merely shareholders, clients, and customers, but also employees and the communities within which the firm is situated, including governments.[6] Events in 1973, including the collapse of the Bretton Woods fixed-exchange rate mechanism and the Arab–Israeli War, saw the annual meeting expand its focus from management to economic and social issues, and, for the first time political leaders were invited to the annual meeting in January 1974.[7]

Political leaders soon began to use the annual meeting as a neutral platform. The Davos Declaration was signed in 1988 by Greece and Turkey, helping them turn back from the brink of war. In 1992, South African President F. W. de Klerk met with Nelson Mandela and Chief Mangosuthu Buthelezi at the annual meeting, their first joint appearance outside South Africa. At the 1994 annual meeting, Israeli Foreign Minister Shimon Peres and PLO chairmanYasser Arafat reached a draft agreement on Gaza and Jericho.[8]

In late 2015, the invitation was extended to include a North Korean delegation for the 2016 forum, “in view of positive signs coming out of the country,” the WEF organizers noted. North Korea has not been attending the WEF since 1998. The invitation was accepted but after the January 2016 North Korean nuclear test on 6 January, the invitation was revoked, and the country’s delegation was made subject to “existing and possible forthcoming sanctions.”[9]Despite protests by North Korea calling the decision by the WEF managing board a “sudden and irresponsible” move, the WEF committee maintained the exclusion because “under these circumstances there would be no opportunity for international dialogue.”[10]

In 2017, the World Economic Forum in Davos attracted considerable attention when for the first time, a head of state from the People’s Republic of China was present at the alpine resort. With the backdrop of Brexit, an incoming protectionist US administration and significant pressures on free trade zones and trade agreements, President Xi Jinping defended the global economic scheme, and portrayed China as a responsible nation and a leader for environmental causes. He sharply rebuked the current populist movements that would introduce tariffs and hinder global commerce, warning that such protectionism could foster isolation and reduced economic opportunity.[11]

Organization

Headquartered in Cologny, the forum also has offices in New York, Beijing and Tokyo. On October 10, 2016, the Forum announced the opening of its new Center for the Fourth Industrial Revolution in San Francisco. According to the Forum, the center will “serve as a platform for interaction, insight and impact on the scientific and technological changes that are changing the way we live, work and relate to one another”.[12]

The World Economic Forum strives to be impartial and is not tied to any political, partisan, or national interests. The foundation is “committed to improving the State of the World”.[13] Until 2012, it had observer status with the United Nations Economic and Social Council; it is under the supervision of the Swiss Federal Council. The foundation’s highest governance body is the foundation board.[14]

Erdoğan walks out of the session at the World Economic Forum in 2009.

During its annual meeting, more than 2,500 participants from slightly fewer than 100 countries gather in Davos. Approximately 1,500 are business leaders,[citation needed] drawn from its members, 1,000 of the world’s top companies. Besides these, participants included 219 public figures, including 40 heads of state or government, 64 cabinet ministers, 30 heads or senior officials of international organizations, and 10 ambassadors. More than 432 participants were from civil society, including 32 heads or representatives of non-governmental organizations, 225 media leaders, 149 leaders from academic institutions and think tanks, 15 religious leaders of different faiths, and 11 union leaders.[15][not in citation given]

Membership

The foundation is funded by its 1,000 member companies, typically global enterprises with more than five billion dollars in turnover (varying by industry and region). These enterprises rank among the top companies within their industry and/or country and play a leading role in shaping the future of their industry and/or region. Membership is stratified by the level of engagement with forum activities, with the level of membership fees increasing as participation in meetings, projects, and initiatives rises.[16] As of 2011, an annual membership costs $52,000 for an individual member, $263,000 for “Industry Partner” and $527,000 for “Strategic Partner”. An admission fee costs $19,000 per person.[17] In 2014, WEF raised annual fees by 20 percent, making the cost for “Strategic Partner” from CHF 500,000 ($523,000) to CHF 600,000 ($628,000).[18]

Activities

Annual meeting in Davos

A sports shop has turned into a temporary informal reception location “Caspian week”, WEF 2018.

The flagship event of the foundation is the invitation-only annual meeting held during the winter at the end of January in Davos, Switzerland, bringing together chief executive officers from its 1,000 member companies, as well as selected politicians, representatives from academiaNGOs, religious leaders, and the media in an alpine winter environment. The town is small enough to allow participants to meet anywhere outside the sessions and allows them the greatest opportunities to attend receptions organized by companies and countries.[19] The participants are also taking part in role playing events, such as the Investment Heat Map.[20] Informal winter meetings may have led to as many ideas and solutions as the official sessions.[21] Approximately 2,200 participants gather for the five-day event and attend some of the 220 sessions in the official programme. The winter discussions focus around key issues of global concern (such as the globalization, capital markets, wealth management, international conflicts, environmental problems and their possible solutions).[3]

As many as 500 journalists from online, print, radio, and television take part, with access to all sessions in the official program, some of which are also webcast.[22] Not all the journalists are given access to all areas, however. This is reserved for white badge holders. “Davos runs an almost caste-like system of badges,” according to BBC journalist Anthony Reuben. “A white badge means you’re one of the delegates – you might be the chief executive of a company or the leader of a country (although that would also get you a little holographic sticker to add to your badge), or a senior journalist. An orange badge means you’re just a run-of-the-mill working journalist.”[23]

All plenary debates from the annual meeting also are available on YouTube,[24] with photographs at Flickr,[25][26]

Year Dates Theme
1988 The New State of the World Economy
1989 Key Developments in the 90s: Implications for Global Business
1990 Competitive Cooperation in a Decade of Turblenece
1991 The New Direction for Global Leadership
1992 Global Cooperation and Megacompetition
1993 Rallying all the forces for Global Recovery
1994 Redefining the Basic Assumptions of the World Economy
1995 Leadership for Challenges beyond Growth
1996 Sustaining Globalization
1997 Building the Network Society
1998 Managing Volatility and Priorities for the 21st Century
1999 Responsible Globality: Managing the impact of Globalization
2000 New Beginnings: Making a difference
2001 25–30 January Sustaining Growth and Bridging the Divides: A Framework for Our Global Future
2002 Leadership in Fragile Times
2003 Building Trust
2004 Partnering for Security and Prosperity
2005 26–30 January Taking Responsibility for Tough Choices
2006 25–29 January The Creative Imperative
2007 24–28 January Shaping the Global Agenda, The Shifting Power Equation
2008 23–27 January The Power of Collaborative Innovation
2009 Shaping the Post-Crisis World
2010 27–30 January Improve the State of the World: Rethink, Redesign, Rebuild
2011 Shared Norms for the New Reality
2012 25–29 January The Great Transformation: Shaping New Models
2013 23–27 January Resilient Dynamism[27]
2014 22–25 January The Reshaping of the World: Consequences for Society, Politics and Business.
2015 21–24 January New global context
2016 20–23 January Mastering the Fourth Industrial Revolution
2017 17–20 January Responsive and Responsible Leadership
2018 23–26 January Creating a Shared Future in a Fractured World

Participants

Juan Manuel Santos, president of Colombia, at the 2010 World Economic Forum

In 2011, some 250 public figures (heads of state or government, cabinet ministers, ambassadors, heads or senior officials of international organizations) attended the annual meeting, including: Felipe CalderónRobert B. ZoellickÁlvaro Uribe VélezNicolas SarkozyBan Ki-moonAngela MerkelN. Chandrababu NaiduFerenc GyurcsányFrançois FillonMorgan TsvangiraiGordon BrownDavid CameronMin ZhuPaul KagameQueen Rania of JordanDmitry MedvedevSusilo Bambang YudhoyonoKevin RuddBarney FrankKofi AnnanWerner FaymannLeonel FernándezJacob ZumaCyril RamaphosaNaoto KanJean-Claude Trichet, and Zeng Peiyan.[28]

Al GoreBill ClintonBill GatesBonoPaulo Coelho, and Tony Blair also are regular Davos attendees. Past attendees include Recep Tayyip ErdoganHenry KissingerNelson MandelaRaymond BarreJulian Lloyd WebberSandro SalsanoWences Casares, and Yasser Arafat.

Summer annual meeting[edit]

Wang Jianlin, Chairman of the Dalian Wanda Group, at the 2009 Annual Meeting of the New Champions in Dalian

In 2007, the foundation established the Annual Meeting of the New Champions (also called Summer Davos), held annually in China, alternating between Dalian and Tianjin, bringing together 1,500 participants from what the foundation calls Global Growth Companies, primarily from rapidly growing emerging countries such as China, India, Russia, Mexico, and Brazil, but also including quickly growing companies from developed countries. The meeting also engages with the next generation of global leaders from fast-growing regions and competitive cities, as well as technology pioneers from around the globe.[29][30] The Chinese Premier has delivered a plenary address at each annual meeting.

Regional meetings

Prithviraj Chavan, chief minister of Maharashtra India; Sudha Pilay, member secretary, planning commission, India; and Ben Verwaayen, chief executive officer, Alcatel-Lucent, France were the co-chairs of the India Economic Summit 2011 in Mumbai

Felipe Calderónpresident of Mexico, speaking during Latin America Broadens Its Horizons, a session at the 2007 annual meeting of the World Economic Forum

Every year regional meetings take place, enabling close contact among corporate business leaders, local government leaders, and NGOs. Meetings are held in Africa, East Asia, Latin America, and the Middle East. The mix of hosting countries varies from year to year, but consistently China and India have hosted throughout the decade since 2000.[31]

Young Global Leaders

The group’s Forum of Young Global Leaders[32] consists of 800 people chosen by the forum organizers as being representative of contemporary leadership, “coming from all regions of the world and representing all stakeholders in society”, according to the organization. After five years of participation they are considered alumni.

Social Entrepreneurs

Since 2000, the WEF has been promoting models developed by those in close collaboration with the Schwab Foundation for Social Entrepreneurship,[33] highlighting social entrepreneurshipas a key element to advance societies and address social problems.[34][35] Selected social entrepreneurs are invited to participate in the foundation’s regional meetings and the annual meetings where they may meet chief executives and senior government officials. At the Annual Meeting 2003, for example, Jeroo Billimoria met with Roberto Blois, deputy secretary-general of the International Telecommunication Union, an encounter that produced a key partnership for her organization Child helpline international.[36]

Global Shapers

In 2011, the World Economic Forum started a global network of people between the ages of 20 and 30 who have shown great potential for future leadership roles in society.[37] The Community of Global Shapers,[38] highlighting Global Shapers, is a network of self-organizing local hubs based in each major city around the world. They undertake events and activities intended by the Global Shapers to generate a positive impact within their local community.

As of 11 July 2016 there are 459 Hubs with more than 6,100 Shapers.[39]

Thirst

“Thirst” is an international non-profit organization based in Beijing, China. It was set up in 2011 through the Water Security Council of the World Economic Forum. The organization educates 14–24-year olds about the idea of embedded water, the water crisis, and sustainable water usage.[40]

Research reports

Two Academy Awardwinner, Pakistani journalist Sharmeen Obaid-Chinoy at the forum in 2013

The foundation also acts as a think tank, publishing a wide range of reports. In particular, “Strategic Insight Teams” focus on producing reports of relevance in the fields of competitiveness, global risks, and scenario thinking.

Filipino businessman Zóbel de Ayala at the forum in 2009

The “Competitiveness Team”[41] produces a range of annual economic reports (first published in brackets): the Global Competitiveness Report (1979) measured competitiveness of countries and economies; The Global Information Technology Report (2001) assessed their competitiveness based on their IT readiness; the Global Gender Gap Report examined critical areas of inequality between men and women; the Global Risks Report (2006) assessed key global risks; the Global Travel and Tourism Report (2007) measured travel and tourism competitiveness; the Financial Development Report (2008)[42] aimed to provide a comprehensive means for countries to establish benchmarks for various aspects of their financial systems and establish priorities for improvement; and the Global Enabling Trade Report (2008) presented a cross-country analysis of the large number of measures facilitating trade among nations.[43]

The “Risk Response Network”[44] produces a yearly report assessing risks which are deemed to be within the scope of these teams, have cross-industry relevance, are uncertain, have the potential to cause upwards of US$10 billion in economic damage, have the potential to cause major human suffering, and which require a multi-stakeholder approach for mitigation.[45]

Initiatives

The Global Health Initiative was launched by Kofi Annan at the annual meeting in 2002. The GHI’s mission was to engage businesses in public-private partnerships to tackle HIV/AIDS, tuberculosismalaria, and health systems.

Mohammad Khatami at Economic Forum in 2004

The Global Education Initiative (GEI), launched during the annual meeting in 2003, brought together international IT companies and governments in Jordan, Egypt, and India[46] that has resulted in new personal computer hardware being available in their classrooms and more local teachers trained in e-learning. This is having a significant effect on the lives of children.[citation needed] The GEI model, which is scalable and sustainable, now is being used as an educational blueprint in other countries including Rwanda.

The Environmental Initiative covers climate change and water issues. Under the Gleneagles Dialogue on Climate Change, the U.K. government asked the World Economic Forum at the G8 Summit in Gleneagles in 2005 to facilitate a dialogue with the business community to develop recommendations for reducing greenhouse gas emissions. This set of recommendations, endorsed by a global group of CEOs, was presented to leaders ahead of the G8 Summit in Toyakoand Hokkaido held in July 2008.[47][48]

The Water Initiative brings together diverse stakeholders such as Alcan Inc., the Swiss Agency for Development and CooperationUSAID India, UNDP India, Confederation of Indian Industry (CII), Government of Rajasthan, and the NEPADBusiness Foundation to develop public-private partnerships on water management in South Africa and India.

In an effort to combat corruption, the Partnering Against Corruption Initiative (PACI) was launched by CEOs from the Engineering and Construction, Energy and Metals, and Mining industries at the annual meeting in Davos during January 2004. PACI is a platform for peer exchange on practical experience and dilemma situations. Approximately 140 companies have joined the initiative.[49]

The Environment and Natural Resource Security Initiative was emphasized for the 2017 meeting to achieve inclusive economic growth and sustainable practices for global industries. With increasing limitations on world tradethrough national interests and trade barriers, the WEF has moved towards a more sensitive and socially minded approach for global businesses with a focus on the reduction of carbon emissions in China and other large industrial nations.[50]

On 19 January 2017 the Coalition for Epidemic Preparedness Innovations (CEPI), a global initiative to fight epidemics, was launched at the forum in Davos. The internationally funded initiative aims at securing vaccine supplies for global emergencies and pandemics, and to research new vaccines for tropical diseases, that are now more menacing. The project is funded by private and governmental donors, with an initial investment of US$460m from the governments of Germany, Japan and Norway, plus the Bill & Melinda Gates Foundation and the Wellcome Trust.[51]

Awards

Technology Pioneers Programme

The Technology Pioneers Programme recognizes companies that are designing and developing new technologies. The award is given to 30–50 companies each year. Since 2000, Technology Pioneers have consisted of more than 400 companies from 5 continents.

The Tech Pioneers are integrated into programme activities with the objective to identify and address future-oriented issues on the global agenda in proactive, innovative, and entrepreneurial ways. By bringing these executives together with scientists, academics, NGOs, and foundation members and partners, the foundation’s goal is to shed new light on how technologies may be used to address, for example, finding new vaccines, creating economic growth, and enhancement of global communication.[52]

Criticism

Protest march against the WEF in Basel, 2006.

The Transnational Institute describes the World Economic Forum’s main purpose as being “to function as a socializing institution for the emerging global eliteglobalization‘s “Mafiocracy” of bankersindustrialistsoligarchstechnocrats and politicians. They promote common ideas, and serve common interests: their own.”[53]

A study, published in the Journal of Consumer Research, investigated the sociological impact of the WEF. It concluded that the WEF do not solve issues such as povertyglobal warmingchronic illness, or debt. They have simply shifted the burden for the solution of these problems from governments and business to “responsible consumers subjects: the bottom-of-the-pyramid consumer, the green consumer, the health-conscious consumer, and the financially literate consumer.” They merely reframe the issues, and by so doing perpetuate them. Gore is singled out as a prime example. Gore’s speeches deliberately shift focus away from the problems of unregulated markets and corporate activities to one of moral pathologies, individual greed, etc. In doing so he is actually promoting the creation of new markets, and hence perpetuating the same old problems in a new guise. New markets will follow the same patterns as the old ones because the core problem of corporate governance is never addressed.[54]

History of criticism

During the late 1990s the foundation, along with the G7World BankWorld Trade Organization, and International Monetary Fund, came under heavy criticism by anti-globalization activists who claimed that capitalism and globalization were increasing poverty and destroying the environment. Ten thousand demonstrators disrupted the World Economic Forum in Melbourne, obstructing the path of two hundred delegates to the meeting.[55] Repeatedly, demonstrations are held in Davos (see Anti-WEF protests in Switzerland, January 2003) to protest against what have been called the meetings of “fat cats in the snow”, a tongue-in-cheek term used by rock singer Bono.[56]

After 2014, the protest movement against the World Economic Forum has largely died down, and Swiss police noted a significant decline in attending protesters, 20 at most during the meeting in 2016. While protesters are still more numerous in large Swiss cities, the protest movement itself has undergone significant change.[57] Around 150 Tibetans and Uighurs protested in Geneva and 400 Tibetans in Bern against the visit of the Chinese president for the 2017 meeting, with subsequent confrontations and arrests.[58]

Public cost of security

In January 2000, a thousand protesters marched through the streets of Davos and smashed the window of the local McDonald’s restaurant.[59] The tight security measures around the campus of Davos have kept demonstrators from the Alpine resort, and most demonstrations were held in ZürichBern, or Basel.[60] The costs of the security measures, which are shared by the foundation and the Swiss cantonal and national authorities, have been criticized in the Swiss national media.[61][62]

Private vs public meetings

Since the annual meeting in January 2003 in Davos, an Open Forum Davos,[63] co-organized by the Federation of Swiss Protestant Churches, is held concurrently with the Davos forum, opening up the debate about globalization to the general public. The Open Forum has been held in the local high school every year, featuring top politicians and business leaders. It is open to all members of the public free of charge.[64][65]

The annual meeting of the forum also has been decried as a “mix of pomp and platitude” and criticized for moving away from serious economics and accomplishing little of substance, particularly with the increasing involvement of NGOs that have little or no expertise in economics. Instead of a discussion on the world economy with knowledgeable experts alongside key business and political players, the annual meeting of the forum now features the top political topics of the day appearing in media, such as global climate change and AIDS in Africa.[66]

Influence of financial supporters

Faculty member Steven Strauss at the Harvard Kennedy School, has raised an additional concern, pointing out that many of the WEF’s strategic partners (who in return for financing the annual meeting have the ability to set the intellectual agenda for the meeting) have been convicted of serious criminal, civil, or human rights violations, raising significant issues about the forum’s legitimacy as a neutral convener on certain topics.[67]

Public Eye Awards

The Public Eye Award, a former counter-event to the WEF.

The Public Eye Awards have been held every year since 2000. It is a counter-event to the annual meeting of the World Economic Forum (WEF) in Davos. Public Eye Awards is a public competition of the worst corporations in the world. In 2011, more than 50,000 people voted for companies that acted irresponsibly. At a ceremony at a Davos hotel, the “winners” in 2011 were named as Indonesian palm oil diesel maker, Neste Oil in Finland, and mining company AngloGold Ashanti in South Africa.[68] According to Schweiz aktuell broadcast on 16 January 2015, a public presence during the WEF 2015, may not be guaranteed because the massively increased security in Davos. The Public Eye Award will be awarded for the last time in Davos: Public Eyes says Goodbye to Davos, confirmed by Rolf Marugg (now Landrats politician), by not directly engaged politicians, and by the police responsible.[69]

“Davos Man”

“Davos Man” is a neologism referring to the global elite of wealthy (predominantly) men, whose members view themselves as completely “international”. It is similar to the term Masters of the Universe, applied to influential financiers on Wall Street.

Davos men supposedly see their identity as a matter of personal choice, not an accident of birth. According to political scientist Samuel P. Huntington, who is credited with inventing the phrase “Davos Man”,[70] they are people who “have little need for national loyalty, view national boundaries as obstacles that thankfully are vanishing, and see national governments as residues from the past whose only useful function is to facilitate the élite’s global operations”. In his 2004 article “Dead Souls: The Denationalization of the American Elite”, Huntington argues that this international perspective is a minority elitist position not shared by the nationalist majority of the people.[71]

John Fonte of the Hudson Institute has suggested that the transnational ideology of Davos Man represents a major challenge to Francis Fukuyama‘s assertion that liberal democracy represents the fulfillment of The End of History and the Last Man.[72]

Gender debate

Since 2011, the World Economic Forum has been addressing its very own gender quota, to introduce at least one woman for every five senior executives that attended. With apparent success, female participation increased significantly from 9% to 15% between 2001 and 2005. In 2016, 18% of the WEF attendees were female, this number increased to 21% in 2017.[73]

Stateless elitism erosion

Hernando de Soto Polar of the Institute for Liberty and Democracy attributes a similar concept to Fernand Braudel,[74] referring to it as the “bell jar”. Although internationally connected, each country’s elite lives in a bell jar in the sense of being out of touch with its own populace. Their isolation fosters a tendency to be oblivious to the fate of their fellow citizens.[75]

Lawrence Summers refers to this concept as the “stateless elites”, tied more to the success of the global economy than to any nation, and views it as eroding support for continuing globalization.[76]

See also

References

https://en.wikipedia.org/wiki/World_Economic_Forum

Story 3: FBI Missing Text Messages Found and Fake Bureau of Investigation of Clinton Emails Revealed — The Fix Was In To Make Sure Hillary Clinton Was Exonerated For Massive Mishandling of Classified Information — Appoint Special Counsel and Indict Hillary Clinton — You Have Five Days Before 5 Year Statue of Limitations Runs Out! — Videos

DOJ Has Recovered Missing FBI Texts – Hannity

Mueller probe may blow apart thanks to recovered texts: Tom Fitton

Recovered text messages must have damaging information: Rep. Biggs

BOOM! DOJ Inspector General Strikes Fear Into Trump-Haters At The FBI With Major Discovery

DOJ office says it has found missing text messages of FBI officials

Months of missing text messages between two FBI officials have been located, according a letter obtained by The Hill.

Justice Department Inspector General Michael Horowitz told Sens. Chuck Grassley (R-Iowa) and Ron Johnson (R-Wis.) in a letter that the messages spanning from December 2016 to May 2017, previously thought missing due to a technological glitch affecting FBI phones, have been found.

“The [Office of the Inspector General] has been investigating this matter, and, this week, succeeded in using forensic tools to recover text messages from FBI devices,” the letter read.

The messages between FBI agents Peter Strzok and Lisa Page have come under scrutiny primarily by GOP lawmakers who say that they are proof of political bias against President Trump in the Russia investigations and in the FBI overall.

The glitch that resulted in their missing messages reportedly affected thousands of FBI phones. In all, Attorney General Jeff Sessions said at least 50,000 messages were exchanged between Strzok and Page.

Strzok was removed from special counsel Robert Mueller’s investigation into Russian election meddling after anti-Trump messages between him and Page were revealed. Strzok also worked on the investigation into former Secretary of State Hillary Clinton’s use of a private email server.

Trump weighed in on the missing texts in a tweet earlier this week, calling it “one of the biggest stories in a long time.”

Some GOP lawmakers in recent days have homed in on an exchange in recently recovered texts in which Strzok and Page make reference to a “secret society.” Johnson, one of the senators who has voiced concerns about this exchange, acknowledged Thursday morning the possibility that the “secret society” reference was made in jest.

“Are you even going to give out your calendars?” Page asked Strzok in one of the messages. “Seems kind of depressing. Maybe it should just be the first meeting of the secret society.”

Horowitz wrote in the letter to Johnson and Grassley that his office will provide copies of the recovered texts to the Justice Department, after which leadership can decide how to proceed with distributing the information to Senate committees. Three congressional committees are investigating Russian meddling in the 2016 presidential election.

http://thehill.com/homenews/administration/370711-justice-department-recovers-missing-fbi-agents-text-messages

Tens of thousands of missing texts between the Trump-hating FBI lovers are FOUND by Justice Department – but they are still being kept secret

  • Michael Horowitz, the Justice Department inspector general, told senior Republican senators Thursday that missing texts were found
  • Months of texts between Peter Strzok and Lisa Page had been said to have disappeared because Samsung 5s and FBI software was not compatible
  • Horowitz made the disclosure to the senators on Thursday morning
  • Contents of the already discovered texts between the lovers have already rocked Washington
  • The lovers, who were both on the Robert Mueller probe, called Trump an ‘idiot’ and revealed bias in favor of Hillary Clinton – whose emails Strzok investigated

Michael Horowitz, the inspector general, told two senior Republican senators, Charles Grassley and Ron Johnson, about the discovery, the Washington Examiner reported.

It came after mounting pressure – including from President Donald Trump – on the FBI to find the cache of as many as 50,000 messages between the two.

The already uncovered messages have sent shockwaves through Washington, with the two calling Trump ‘an idiot’ and suggesting the FBI decided not to charge Hillary Clinton long before the end of her secret server probe.

The contents of the new ones is not being published.

Attorney General Jeff Sessions had ordered an investigation by the inspector general into the missing text messages on Tuesday.

Texts between senior counter-terrorism agent Strzok and FBI lawyer Page exchanged between Dec. 14, 2016, and May 17, 2017, had been among a broader batch of missing phone messages that the FBI says its system failed to store because of a software upgrade glitch which affected Samsung 5 cellphones it issued to staff.

The Justice Department last week revealed a critical gap in messages between Peter Strzok, a counterintelligence agent who worked on Hillary Clinton’s email case, and Lisa Page, an agent who worked with Strzok for a time on the special counsel investigation into Russian election interference

Attorney General Jeff Sessions ordered officials in the Department of Justice to 'leave no stone unturned' in their search for the 50,000 missing texts between the FBI agent and his lawyer lover

Attorney General Jeff Sessions ordered officials in the Department of Justice to ‘leave no stone unturned’ in their search for the 50,000 missing texts between the FBI agent and his lawyer lover

President Donald Trump put the spotlight back on the FBI agents he'd previously accused of 'treason' in an early-morning tweet

President Donald Trump put the spotlight back on the FBI agents he’d previously accused of ‘treason’ in an early-morning tweet

The White House called them evidence of potential illegality at a briefing on Tuesday, and said the president believes it is of ‘great cause for concern’.

Trump earlier tweeted they were ‘one of the biggest stories in a long time’.

Republicans have said the texts, which referred to Trump as an ‘idiot’ and a ‘loathsome human,’ raise concerns the FBI is biased against Trump and may have given Hillary Clinton, his Democratic presidential rival, favorable treatment after deciding not to recommend criminal charges in connection with the investigation of her use of a private email system while she was secretary of state.

Strzok and Page were involved in that investigation and were briefly assigned to work with Special Counsel Robert Mueller on the investigation of Russian meddling in the 2016 presidential election.

Reports said the texts between them were exchanged on FBI-issued phones during the course of an alleged extramarital affair.

Mueller was appointed on May 17, the same day when some of the text messages were not properly stored.

‘We will leave no stone unturned to confirm with certainty why these text messages are not now available to be produced and will use every technology available to determine whether the missing messages are recoverable from another source,’ Sessions said in a statement.

President Donald Trump put the spotlight back on the FBI agents he’d previously accused of ‘treason’ in an early-morning tweet.

‘In one of the biggest stories in a long time, the FBI now says it is missing five months worth of lovers Strzok-Page texts, perhaps 50,000, and all in prime time. Wow!’ he said.

His press secretary stepped up the assault later, at her daily briefing, after she was asked if the White House believes that the missing messages are part of a cover-up.

‘I think he thinks that there’s a great cause for concern that five months worth of text messages have gone missing,’ Sarah Sanders said, ‘particularly given the individual had part of that process has already been shown to be extremely biased against the president and was involved in what seems to be some very inappropriate behavior and that’s certainly a great concern.’

Sanders said it ‘looks like there could be some really inappropriate and possibly illegal behavior’ at play.

The Justice Department last week revealed a critical gap in messages between Peter Strzok, a counterintelligence agent who worked on Hillary Clinton‘s email case, and Lisa Page, an agent who worked with Strzok for a time on the special counsel investigation into Russian election interference.

Texts the pair sent each other between December 14, 2017 and May 17, 2017 are missing, the department informed Congress.

Justice has blamed a glitch in its record-keeping system for the blackout.

Attorney General Jeff Sessions said that Justice is taking all available actions to recover the missing messages.

Not including the missing communications, Fox News reported, the FBI has over 50,000 texts that Strzok, who was removed from special counsel Robert Mueller’s team when the original messages were unearthed, and Page, who had already left the investigation, sent to one another.

The messages are expected to be made public by Congress, CBS reported.

Previously published texts show Strzok suggesting the bureau invest in an ‘insurance policy’ in case Trump is elected.

‘I want to believe the path you threw out for consideration…that there’s no way he gets elected—but I’m afraid we can’t take that risk. It’s like an insurance policy in the unlikely event you die before you’re 40,’ he told Page in an August 2016 text.

Lawmakers said Monday that they were shocked by the incomplete record-keeping. The messages from the period of time that was wiped covers the end of the transition to the time that Mueller was tasked with leading a special probe into Russian meddling in the 2016 election.

House Oversight Committee Chairman Trey Gowdy told Fox News yesterday evening that an exchange between Strzok and Page the day after the election said, ”Perhaps this is the first meeting of the secret society.”

‘So, of course I’m going to want to know: What ‘secret society’ are you talking about?’ the Republican congressman said on ‘The Story with Martha MacCallum.’

A letter from Assistant Attorney General for Legislative Affairs Stephen Boyd to Senate Homeland Security Committee Chairman Ron Johnson on Friday said that the Department of Justice had learned ‘that many FBI-provided Samsung 5 mobile devices did not capture or store text messages.’

The bureau told DOJ that messages were not retained ‘due to misconfiguration issues related to rollouts, provisioning, and software upgrades that conflicted with the FBI’s collection capabilities.’

DOJ’s explanation of how the messages disappeared had Republican lawmakers fuming.

His press secretary stepped up the assault later, at her daily briefing, after she was asked if the White House believes that the missing messages are part of a cover-up. 'I think he thinks that there's a great cause for concern that five months worth of text messages have gone missing,' Sarah Sanders said

His press secretary stepped up the assault later, at her daily briefing, after she was asked if the White House believes that the missing messages are part of a cover-up. ‘I think he thinks that there’s a great cause for concern that five months worth of text messages have gone missing,’ Sarah Sanders said

‘Unreal. We’ve been asking for the remaining text messages between anti-Trump FBI agents (and former Mueller team members), Peter Strzok and Lisa Page. The FBI now says the texts are ‘missing,’ ‘ Rep. Mark Meadows, leader of a group of conservatives known as the House Freedom Caucus, tweeted. ‘If it wasn’t already clear we need a second special counsel, it’s abundantly clear now’.

Flabbergasted, Meadows told Fox, ‘They’re supposed to be out tracking terrorism and we can’t even find our own text messages?’

Sessions told congressional committees on Friday that the Department of Justice’s Inspector General is looking into the matter.

‘[A] review is already underway to ascertain what occurred and to determine if these records can be recovered in any other way,’ he said. ‘If any wrongdoing were to be found to have caused this gap, appropriate legal disciplinary action measures will be taken.’

Prior to the revelation that the FBI was missing the large volume of communications, President Trump had attacked Strzok and Page in a Wall Street Journal interview and accused them of ‘treason’ for the way they spoke about him before the election.

‘There was no collusion on our side, the collusion was on the Democrat side with the Russians. And what went on with the FBI, where a man is tweeting to his lover that if she loses, we’ll essentially go back to the – we’ll go to the insurance policy, which is – if they lose, we’ll go to phase two, and we’ll get this guy out of office.

‘I mean, this is the FBI we’re talking about. I think that is—that is treason. See, that’s treason right there,’ he stated.

In December, after Strozk was removed from the special counsel probe because of the text messages, Trump said the FBI’s reputation was in ‘tatters’ because of mismanagement under James Comey, the former director of the bureau the president fired in May.

‘But fear not, we will bring it back to greatness,’ he pledged.

http://www.dailymail.co.uk/news/article-5313371/Missing-texts-anti-Trump-FBI-lovers-FOUND.html#ixzz55FnRe2wy

 

 

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Shows 1017-1021

Listen To Pronk Pops Podcast or Download Shows 1010-1016

Listen To Pronk Pops Podcast or Download Shows 1001-1009

Listen To Pronk Pops Podcast or Download Shows 993-1000

Listen To Pronk Pops Podcast or Download Shows 984-992

Listen To Pronk Pops Podcast or Download Shows 977-983

Listen To Pronk Pops Podcast or Download Shows 970-976

Listen To Pronk Pops Podcast or Download Shows 963-969

Listen To Pronk Pops Podcast or Download Shows 955-962

Listen To Pronk Pops Podcast or Download Shows 946-954

Listen To Pronk Pops Podcast or Download Shows 938-945

Listen To Pronk Pops Podcast or Download Shows 926-937

Listen To Pronk Pops Podcast or Download Shows 916-925

Listen To Pronk Pops Podcast or Download Shows 906-915

Listen To Pronk Pops Podcast or Download Shows 889-896

Listen To Pronk Pops Podcast or Download Shows 884-888

Listen To Pronk Pops Podcast or Download Shows 878-883

Listen To Pronk Pops Podcast or Download Shows 870-877

Listen To Pronk Pops Podcast or Download Shows 864-869

Listen To Pronk Pops Podcast or Download Shows 857-863

Listen To Pronk Pops Podcast or Download Shows 850-856

Listen To Pronk Pops Podcast or Download Shows 845-849

Listen To Pronk Pops Podcast or Download Shows 840-844

Listen To Pronk Pops Podcast or Download Shows 833-839

Listen To Pronk Pops Podcast or Download Shows 827-832

Listen To Pronk Pops Podcast or Download Shows 821-826

Listen To Pronk Pops Podcast or Download Shows 815-820

Listen To Pronk Pops Podcast or Download Shows 806-814

Listen To Pronk Pops Podcast or Download Shows 800-805

Listen To Pronk Pops Podcast or Download Shows 793-799

Listen To Pronk Pops Podcast or Download Shows 785-792

Listen To Pronk Pops Podcast or Download Shows 777-784

Listen To Pronk Pops Podcast or Download Shows 769-776

Listen To Pronk Pops Podcast or Download Shows 759-768

Listen To Pronk Pops Podcast or Download Shows 751-758

Listen To Pronk Pops Podcast or Download Shows 745-750

Listen To Pronk Pops Podcast or Download Shows 738-744

Listen To Pronk Pops Podcast or Download Shows 732-737

Listen To Pronk Pops Podcast or Download Shows 727-731

Listen To Pronk Pops Podcast or Download Shows 720-726

Listen To Pronk Pops Podcast or DownloadShows 713-719

Listen To Pronk Pops Podcast or DownloadShows 705-712

Listen To Pronk Pops Podcast or Download Shows 695-704

Listen To Pronk Pops Podcast or Download Shows 685-694

Listen To Pronk Pops Podcast or Download Shows 675-684

Listen To Pronk Pops Podcast or Download Shows 668-674

Listen To Pronk Pops Podcast or Download Shows 660-667

Listen To Pronk Pops Podcast or Download Shows 651-659

Listen To Pronk Pops Podcast or Download Shows 644-650

Listen To Pronk Pops Podcast or Download Shows 637-643

Listen To Pronk Pops Podcast or Download Shows 629-636

Listen To Pronk Pops Podcast or Download Shows 617-628

Listen To Pronk Pops Podcast or Download Shows 608-616

Listen To Pronk Pops Podcast or Download Shows 599-607

Listen To Pronk Pops Podcast or Download Shows 590-598

Listen To Pronk Pops Podcast or Download Shows 585- 589

Listen To Pronk Pops Podcast or Download Shows 575-584

Listen To Pronk Pops Podcast or Download Shows 565-574

Listen To Pronk Pops Podcast or Download Shows 556-564

Listen To Pronk Pops Podcast or Download Shows 546-555

Listen To Pronk Pops Podcast or Download Shows 538-545

Listen To Pronk Pops Podcast or Download Shows 532-537

Listen To Pronk Pops Podcast or Download Shows 526-531

Listen To Pronk Pops Podcast or Download Shows 519-525

Listen To Pronk Pops Podcast or Download Shows 510-518

Listen To Pronk Pops Podcast or Download Shows 500-509

Listen To Pronk Pops Podcast or Download Shows 490-499

Listen To Pronk Pops Podcast or Download Shows 480-489

Listen To Pronk Pops Podcast or Download Shows 473-479

Listen To Pronk Pops Podcast or Download Shows 464-472

Listen To Pronk Pops Podcast or Download Shows 455-463

Listen To Pronk Pops Podcast or Download Shows 447-454

Listen To Pronk Pops Podcast or Download Shows 439-446

Listen To Pronk Pops Podcast or Download Shows 431-438

Listen To Pronk Pops Podcast or Download Shows 422-430

Listen To Pronk Pops Podcast or Download Shows 414-421

Listen To Pronk Pops Podcast or Download Shows 408-413

Listen To Pronk Pops Podcast or Download Shows 400-407

Listen To Pronk Pops Podcast or Download Shows 391-399

Listen To Pronk Pops Podcast or Download Shows 383-390

Listen To Pronk Pops Podcast or Download Shows 376-382

Listen To Pronk Pops Podcast or Download Shows 369-375

Listen To Pronk Pops Podcast or Download Shows 360-368

Listen To Pronk Pops Podcast or Download Shows 354-359

Listen To Pronk Pops Podcast or Download Shows 346-353

Listen To Pronk Pops Podcast or Download Shows 338-345

Listen To Pronk Pops Podcast or Download Shows 328-337

Listen To Pronk Pops Podcast or Download Shows 319-327

Listen To Pronk Pops Podcast or Download Shows 307-318

Listen To Pronk Pops Podcast or Download Shows 296-306

Listen To Pronk Pops Podcast or Download Shows 287-295

Listen To Pronk Pops Podcast or Download Shows 277-286

Listen To Pronk Pops Podcast or Download Shows 264-276

Listen To Pronk Pops Podcast or Download Shows 250-263

Listen To Pronk Pops Podcast or Download Shows 236-249

Listen To Pronk Pops Podcast or Download Shows 222-235

Listen To Pronk Pops Podcast or Download Shows 211-221

Listen To Pronk Pops Podcast or Download Shows 202-210

Listen To Pronk Pops Podcast or Download Shows 194-201

Listen To Pronk Pops Podcast or Download Shows 184-193

Listen To Pronk Pops Podcast or Download Shows 174-183

Listen To Pronk Pops Podcast or Download Shows 165-173

Listen To Pronk Pops Podcast or Download Shows 158-164

Listen To Pronk Pops Podcast or Download Shows 151-157

Listen To Pronk Pops Podcast or Download Shows 143-150

Listen To Pronk Pops Podcast or Download Shows 135-142

Listen To Pronk Pops Podcast or Download Shows 131-134

Listen To Pronk Pops Podcast or Download Shows 124-130

Listen To Pronk Pops Podcast or Download Shows 121-123

Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

Listen To Pronk Pops Podcast or Download Shows 104-105

Listen To Pronk Pops Podcast or Download Shows 101-103

Listen To Pronk Pops Podcast or Download Shows 98-100

Listen To Pronk Pops Podcast or Download Shows 94-97

Listen To Pronk Pops Podcast or Download Show 93

Listen To Pronk Pops Podcast or Download Show 92

Listen To Pronk Pops Podcast or Download Show 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

Listen To Pronk Pops Podcast or Download Shows 49-51

Listen To Pronk Pops Podcast or Download Shows 45-48

Listen To Pronk Pops Podcast or Download Shows 41-44

Listen To Pronk Pops Podcast or Download Shows 38-40

Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

Listen To Pronk Pops Podcast or Download Shows 16-22

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

Read Full Post | Make a Comment ( None so far )

The Pronk Pops Show 969, September 21, 2017, Story 1: President Trump Signs Executive Order Targeting Institutions and People Doing Business With North Korea — Communist China Trades With and Enabled North Korea Nuclear Weapon and Missile Programs — Waiting For Embargo Banning All Trade and Investment in Communist China — Videos — Story 2: Fed To Start Quantitative Tightening In October 2017 by Selling Some ($10 Billion Per Month or $120 Billion Per Year) of $4,500 Billion Bond Portfolio As U.S. Economy Slows in 2017? — Videos

Posted on September 21, 2017. Filed under: American History, Barack H. Obama, Bill Clinton, Blogroll, Bombs, Breaking News, Bribery, Budgetary Policy, Business, Cartoons, Central Intelligence Agency, China, Coal, Communications, Congress, Constitutional Law, Corruption, Countries, Crime, Cruise Missiles, Culture, Defense Spending, Donald J. Trump, Donald J. Trump, Donald J. Trump, Donald Trump, Donald Trump, Drones, Economics, Education, Elections, Empires, Employment, Energy, Federal Bureau of Investigation (FBI), Fiscal Policy, Food, Foreign Policy, Former President Barack Obama, Free Trade, Freedom of Speech, Government, Government Spending, Health, High Crimes, Hillary Clinton, History, House of Representatives, Human, Human Behavior, Illegal Immigration, Immigration, Independence, Iran Nuclear Weapons Deal, Islamic Republic of Iran, Islamic State, Japan, Labor Economics, Law, Legal Immigration, Life, Lying, Media, MIssiles, Monetary Policy, National Security Agency, Natural Gas, Natural Gas, North Korea, Nuclear, Nutrition, Obama, Oil, Oil, People, Philosophy, Photos, Politics, Polls, President Barack Obama, President Trump, Presidential Appointments, Privacy, Radio, Raymond Thomas Pronk, Regulation, Resources, Robert S. Mueller III, Rule of Law, Russia, Saudi Arabia, Scandals, Senate, Senator Jeff Sessions, Social Networking, South Korea, Spying on American People, Syria, Tax Policy, Terror, Terrorism, Trade Policy, United States of America, Videos, Violence, War, Wisdom, Yemen | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 969, September 21, 2017

Pronk Pops Show 968, September 20, 2017

Pronk Pops Show 967, September 19, 2017

Pronk Pops Show 966, September 18, 2017

Pronk Pops Show 965, September 15, 2017

Pronk Pops Show 964, September 14, 2017

Pronk Pops Show 963, September 13, 2017

Pronk Pops Show 962, September 12, 2017

Pronk Pops Show 961, September 11, 2017

Pronk Pops Show 960, September 8, 2017

Pronk Pops Show 959, September 7, 2017

Pronk Pops Show 958, September 6, 2017

Pronk Pops Show 957, September 5, 2017

Pronk Pops Show 956, August 31, 2017

Pronk Pops Show 955, August 30, 2017

Pronk Pops Show 954, August 29, 2017

Pronk Pops Show 953, August 28, 2017

Pronk Pops Show 952, August 25, 2017

Pronk Pops Show 951, August 24, 2017

Pronk Pops Show 950, August 23, 2017

Pronk Pops Show 949, August 22, 2017

Pronk Pops Show 948, August 21, 2017

Pronk Pops Show 947, August 16, 2017

Pronk Pops Show 946, August 15, 2017

Pronk Pops Show 945, August 14, 2017

Pronk Pops Show 944, August 10, 2017

Pronk Pops Show 943, August 9, 2017

Pronk Pops Show 942, August 8, 2017

Pronk Pops Show 941, August 7, 2017

Pronk Pops Show 940, August 3, 2017

Pronk Pops Show 939, August 2, 2017

Pronk Pops Show 938, August 1, 2017

Pronk Pops Show 937, July 31, 2017

Pronk Pops Show 936, July 27, 2017

Pronk Pops Show 935, July 26, 2017

Pronk Pops Show 934, July 25, 2017

Pronk Pops Show 934, July 25, 2017

Pronk Pops Show 933, July 24, 2017

Pronk Pops Show 932, July 20, 2017

Pronk Pops Show 931, July 19, 2017

Pronk Pops Show 930, July 18, 2017

Pronk Pops Show 929, July 17, 2017

Pronk Pops Show 928, July 13, 2017

Pronk Pops Show 927, July 12, 2017

Pronk Pops Show 926, July 11, 2017

Pronk Pops Show 925, July 10, 2017

Pronk Pops Show 924, July 6, 2017

Pronk Pops Show 923, July 5, 2017

Pronk Pops Show 922, July 3, 2017

Pronk Pops Show 921, June 29, 2017

Pronk Pops Show 920, June 28, 2017

Pronk Pops Show 919, June 27, 2017

Pronk Pops Show 918, June 26, 2017

Pronk Pops Show 917, June 22, 2017

Pronk Pops Show 916, June 21, 2017

Pronk Pops Show 915, June 20, 2017

Pronk Pops Show 914, June 19, 2017

Pronk Pops Show 913, June 16, 2017

Pronk Pops Show 912, June 15, 2017

Pronk Pops Show 911, June 14, 2017

Pronk Pops Show 910, June 13, 2017

Pronk Pops Show 909, June 12, 2017

Pronk Pops Show 908, June 9, 2017

Pronk Pops Show 907, June 8, 2017

Pronk Pops Show 906, June 7, 2017

Pronk Pops Show 905, June 6, 2017

Pronk Pops Show 904, June 5, 2017

Pronk Pops Show 903, June 1, 2017

Image result for china trade with north korea by year through 2016Image result for china trade with north korea by year through 2016Image result for federal reserve quantitative tighteningImage result for federal reserve to start selling off bond portfolio

 Story 1: President Trump Signs Executive Order Targeting Institutions and People Doing Business With North Korea — Communist China Trades With and Enabled North Korea Nuclear Weapon and Missile Programs — Waiting For Embargo Banning All Trade and Investment in Communist China — Videos —

Image result for china'smajor trading partners in 2017Image result for china'smajor trading partners in 2017

Image result for china'smajor trading partners in 2017Image result for china'smajor trading partners in 2017

Image result for china'smajor trading partners in 2017

BREAKING NEWS: President Donald Trump Announces New Sanctions on North Korea through Executive Order

Trump: China has told its banks to stop doing business with North Korea

North Korea: Trump signs new order to widen sanctions

Trump hints at ending US trade with all North Korea partners | Time To Play Trump Card

WHY NORTH KOREA IS TESTING MISSILES & NUKES? TOP 5 REASONS

Inside North Korea Newest Documentary (2017)

North Korea DARKEST SECRETS 2017 Deepest Secrets Revealed for the First Time

China Pulls Trade From North Korea! Russia RESPONDS BY Increasing Trade by 73%!

John Bolton calls for ‘sweeping’ set of sanctions on China

United Nations funding mechanism needs to be changed: John Bolton

John Bolton: We are at a ‘crisis point’ with North Korea

Trump administration undercuts his message on North Korea

Former CIA Director James Woolsey: North Korea Has Been Able To Hit Power Grid For Years | CNBC

Ralph Peters on North Korea: China will never help us

Peters: People don’t understand how desperate North Korea is

China getting away with ‘trade murder’: Ralph Peters

What Are Economic Sanctions?

Chinese sanctions will help US trade deficit, but could backfire: Andrew Peek

Gordon Chang: China understands the effects of US sanctions

Lou Dobbs : Is China helping North Korea create nuclear missiles? : 5/30/2017

Gordon Chang: NKorea is forcing the United States to act

Trump unplugging Chinese banks will end China’s economy: Gordon Chang

BREAKING: Putin To Trump – I will arm your enemies if you send arms to mine

What Is Life Really Like In North Korea?

Why China Supports North Korea

Where Are The World’s Nuclear Weapons Stored?

What Countries Have Nuclear Weapons?

Trump signs order aiming to cut off funding for North Korean missile program

  • President Donald Trump signs an executive order to expand his authority to target people and institutions doing business with North Korea.
  • With the action, he aims to reduce funding going to the dictatorship’s nuclear and missile programs.

President Donald Trump speaking as he meets with South Korean president Moon Jae-in during the U.N. General Assembly in New York, September 21, 2017.

Trump unveils order aiming to cut off funding for North Korean missile program  

President Donald Trump on Thursday signed an executive order expanding his authority to target people and institutions that do business with North Korea.

Through the measure, the president aims to cut off the communist dictatorship’s funding and deter its nuclear and missile ambitions amid a string of recent tests and provocations.

“North Korea’s nuclear weapons and missile development is a grave threat to peace and security in our world and it is unacceptable that others financially support this criminal, rogue regime,” Trump said before a meeting with Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in. “Our new executive order will cut off sources of revenue that fund North Korea’s efforts to develop the deadliest weapons known to humankind. The order enhances the Treasury Department’s authorities to target any individual or entity that conducts significant trade in goods, services or technology with North Korea.”

The isolated nation has tested ballistic missiles and an apparent hydrogen bomb in recent weeks in the face of international economic sanctions and warnings. On Tuesday, Trump told the U.N. General Assembly that the U.S. “will have no choice but to totally destroy North Korea” if it is forced to defend itself or its allies.

President Donald Trump speaking as he meets with South Korean president Moon Jae-in during the U.N. General Assembly in New York, September 21, 2017.

Kevin Lamarque | Reuters
President Donald Trump speaking as he meets with South Korean president Moon Jae-in during the U.N. General Assembly in New York, September 21, 2017.

Last week, the U.N. Security Council unanimously passed fresh measures to punish the communist dictatorship economically, with the support of China and Russia. Trump has repeatedly pressed China, North Korea’s only major ally, to do more to force Pyongyang to abandon its nuclear ambitions.

Trump on Thursday highlighted that China’s central bank has told its banks to strictly implement U.N. sanctions. He thanked President Xi Jinping for what he called a “bold” and “somewhat unexpected” move.

On Tuesday, he also commended Beijing for signing on to two recent sanctions packages enacted by the Security Council. The U.S. sees China’s commitment to sanctions as crucial to forcing Pyongyang to end its nuclear and missile programs.

Trump appeared to try to quash speculation that he is targeting China or other North Korean trading partners with the action.

“I want to be clear — the order targets only one country, and that country is North Korea,” he said.

Trump said the order identifies industries including textiles, fishing, information technology and manufacturing, which the Treasury Department can target with “strong sanctions.” The president added that the order includes “measures designed to disrupt” shipping and trade networks to reduce North Korea’s ability to avoid the sanctions.

Earlier, national security advisor H.R. McMaster said Trump would take more action to stop North Korea “short of war.” Trump’s advisors have repeatedly said they prefer to use diplomatic methods to curb North Korea’s aggression.

The president again said that he seeks the “complete denuclearization” of North Korea.

Trump had separate bilateral meetings scheduled with both Moon and Abe on Thursday.

https://www.cnbc.com/2017/09/21/trump-to-make-north-korea-announcement-mcmaster-says.html

 

Trump announces new economic sanctions targeting North Korea over nuclear program

 September 21 at 12:45 PM

President Trump announced an executive order on Sept. 21 to enforce economic sanctions on North Korea and countries that do business with the “rogue regime” of North Korea. (The Washington Post)

NEW YORK — President Trump announced an executive order Thursday granting the Treasury Department additional authority to enforce economic sanctions on North Korea and target foreign companies and individuals that do business with the rogue nation in Northeast Asia.

Trump said the new powers aim to cut off international trade and financing that dictator Kim Jong Un’s regime uses support its nuclear and ballistic missile weapons programs. The president also said that Chinese President Xi Jinping had ordered Chinese banks to cease conducting business with North Korean entities. Trump called the move “very bold” and “somewhat unexpected,” and he praised Xi.

“North Korea’s nuclear program is a grave threat to peace and security in our world, and it is unacceptable that others financially support this criminal, rogue regime,” Trump said in brief public remarks during a meeting with the leaders of South Korea and Japan to discuss strategy to confront Pyongyang.

He added that the United States continues to seek a “complete denuclearization of North Korea.”

He added that the order will give Treasury Secretary Steve Mnuchin the “discretion to target any foreign bank knowingly facilitating specific transactions tied to trade with North Korea.”


President Trump meets with South Korean president Moon Jae-in during the U.N. General Assembly in New York on Thursday. (REUTERS/Kevin Lamarque)

A White House fact sheet said the executive order imposes a ban on airplanes or ships that have visited North Korea will be banned for 180 days from visiting the United States, a move to crack down on illicit trade.

“This significantly expands Treasury’s authority to target those who enable this regime…wherever they are located,” Mnuchin said.

Trump’s announcement came as he has sought to rally international support for confronting Pyongyang during four days of meetings here at the United Nations General Assembly. In a speech to the world body on Tuesday, Trump threatened to “totally destroy” the North if necessary and referred derisively to Kim as “rocket man.” But the president and his aides have emphasized that they are continuing to do what they can to put economic and diplomatic pressure on the North in order to avoid a military conflict.

“We are witnessing a very dangerous confrontation spiral,” Russian Foreign Minister Sergey Lavrov said in a speech to the United Nations, filling in for President Vladimir Putin, who skipped the forum. “We resolutely condemn the nuclear missile adventures of Pyongyang in violation of Security Council resolutions. But military hysteria is not just an impasse, it’s disaster…There is no alternative to political and diplomatic ways of settling the nuclear situation on the Korean Peninsula.”

China is North Korea’s largest trading partner, but Mnuchin emphasized that “this action is in no way specifically directed at China,” and he said he called Chinese officials ahead of the announcement to give them a heads up.

In recent weeks, the U.N. Security Council has approved two rounds of economic sanctions but also left room for further penalties. For example, the sanctions put limits on the nation’s oil imports but did not impose a full embargo, as the United States has suggested it supports. The Trump administration has signaled it also wants a full ban on the practice of sending North Korean workers abroad for payments that largely go to the government in Pyongyang.

Sitting down with South Korean President Moon Jae-in before the trilateral discussion with Japan, Trump said the nations are “making a lot of progress.”

Moon praised Trump’s speech to the U.N., saying through a translator that “North Korea has continued to make provocations and this is extremely deplorable and this has angered both me and our people, but the U.S. has responded firmly and in a very good way.”

The Security Council had also applied tough new export penalties in August, and Secretary of State Rex Tillerson said Wednesday that there are signs those restrictions are having an economic effect.

“We have some indications that there are beginning to appear evidence of fuel shortages,” Tillerson said in a briefing for reporters. “And look, we knew that these sanctions were going to take some time to be felt because we knew the North Koreans…had basically stockpiled a lot of inventory early in the year when they saw the new administration coming in, in anticipation of things perhaps changing. So I think what we’re seeing is a combined effect of these inventories are now being exhausted, and the supply coming in has been reduced.”

There is no sign, however, that economic penalties are having any effect on the behavior of the Kim regime and its calculation that nuclear tests and other provocations will ensure its protection or raise the price of any eventual settlement with the United States and other nations.

All U.N. sanctions have to be acceptable to China, North Korea’s protector and chief economic partner. China’s recent willingness to punish its fellow communist state signals strong disapproval of North Korea’s international provocations, but China and fellow U.N. Security Council member Russia have also opposed some of the toughest economic measures that could be applied, such as banking restrictions that would affect Chinese and other financial institutions.

“We continue to call on all responsible nations to enforce and implement sanctions,” Trump said.

Trump said the United States had been working on the North Korea problem for 25 years, but he asserted that previous administrations had “done nothing, which is why we are in the problem we are in today.”

Through executive orders and other measures extending back to the Clinton administration, the United States has been trying to undermine the economic underpinnings of the North Korean nuclear weapons program.

Each new sanction from Washington has been followed by evasive measures by Pyongyang, and then another attempt from Washington to ramp up pressure. Earlier sanctions restricted trade between U.S. companies and businesses involved with the North Korean regime and its weapons efforts. Until recently, however, such sanctions had limited effects because North Korea continued an expansive trade with other countries, mainly China.

In recent years, the United States has sought to expand the economic pressure by working through the international banking system, where the country has particular leverage because so much of international trade is conducted in dollars. The “vast majority of international transactions are denominated in dollars, the world’s reserve currency,” a Congressional report found last year.

Even when the companies are outside the United States, trade conducted in dollars typically must run through U.S. banks, and last year, that provided the Obama administration an opportunity to interrupt such business.

In November 2016, a special measure implemented by the Treasury barred U.S. banks from providing the accounts that handle such transactions for any North Korean bank or any party acting on its behalf. The measure essentially cut off North Korean banks from any trade denominated in U.S. dollars.

North Korea, however, has continued to conduct such trades by using front companies located in third countries, at least some of which are in China.

The new executive order expands the U.S. pressure on the North by allowing the Treasury to single out those front companies, and any banks helping to finance any trade with North Korea, for sanctions. Those sanctions would cut off trade with those companies or forbid them from conducting transactions in dollars.

Anne Gearan in New York,  Abby Phillip in Washington and Peter Whorisky contributed to this report.

https://www.washingtonpost.com/news/post-politics/wp/2017/09/21/trump-says-the-u-s-will-impose-new-sanctions-on-north-korea/?utm_term=.f13cecf3e9e7

US-North Korea standoff could spark economic war with China

  • The escalating saber rattling between the U.S. and North Korea has raised the prospects of an economic confrontation between America and China.
  • So far, economic sanctions against Pyongyang have done little to convince North Korean leader Kim Jong Un to curb his ambitions to develop a nuclear missile capable of striking the U.S. mainland.
  • Now, critics of those measures are calling for stepped-up pressure on China, North Korea’s largest trading partner.

President Donald Trump (L) and Chinese President Xi Jinping (R) walk together at the Mar-a-Lago estate in West Palm Beach, Florida, April 7, 2017.

Jim Watson | AFP | Getty Images
President Donald Trump (L) and Chinese President Xi Jinping (R) walk together at the Mar-a-Lago estate in West Palm Beach, Florida, April 7, 2017.

The escalating saber rattling between the U.S. and North Korea has raised the prospects of an economic confrontation between America and China.

At issue are a series of sanctions against Pyongyang designed to convince North Korean leader Kim Jong Un to curb his ambitions to develop a nuclear missile capable of striking the U.S. mainland.

But those measures have had little impact on the increasingly bellicose stand-off, and on Thursday President Donald Trump repeated his complaint that Beijing needs to lean harder on Pyongyang to defuse rising tensions.

“I think they can do a lot more and I think they will do a lot more,” the president told reporters. “We lost hundreds of billions of dollars a year on trade with China. They know how I feel. It’s not going to continue like that.”

On Tuesday, Trump threatened to inflict “fire and fury” on North Korea if it continues to pursue its nuclear weapons program. A recent series of successful North Korean test launches were matched Wednesday by Kim’s threats to launch a missile at the U.S. territory of Guam.

The latest round of sanctions includes fresh restrictions, unanimously approved Saturday by the United Nation Security Council, that target North Korean exports of coal, iron, iron ore, lead, lead ore and seafood. The measures also ban countries from hiring more North Korean laborers, bar new joint ventures with North Korea and ban fresh investment in existing joint ventures.

“We say to China, ‘You have a choice whether you do business with North Korea or you do business with the U.S. but you can’t do both.'”-Sen. Chris Van Hollen, D-Md.

Economic sanctions so far have proved ineffective largely because North Korea has found ways to get around them with “evasion techniques that are increasing in scale, scope and sophistication,” according to a February U.N. report.

“Designated entities and banks have continued to operate in the sanctioned environment by using agents who are highly experienced and well trained in moving money, people and goods, including arms and related material, across borders,” the U.N. report found.

The widest flow of goods and cash, by far, crosses North Korea’s border with China. As North Korea’s largest trading partner, China accounted for roughly 85 percent of overall volume in 2015, according to data from the United Nations Comtrade database.

Coal and other minerals accounted for more than 40 percent of North Korean exports in 2015, followed by textiles (29 percent), metals (7 percent) and machinery (6 percent). North Korea’s biggest imports included textiles, machinery and raw materials including minerals, metals and plastics.

Though China has taken some steps to curb imports from North Korea, exports rose by nearly 30 percent in the first half of this year, according to Chinese customs data. During the six-month period, overall trade flows across the North Korean-China border rose 10 percent to $2.65 billion.

That’s why critics of the existing North Korean sanctions say the measures don’t go nearly far enough in cutting off the flow of cash and goods to the Pyongyang regime.

Some of those critics are calling for “secondary sanctions,” which would cut off trade and financial flows to any country doing business with North Korea.

“We say to China, ‘You have a choice whether you do business with North Korea or you do business with the U.S., but you can’t do both,'” Sen. Chris Van Hollen, D.-Md., told MSNBC on Thursday. “That is what got people’s attention with the Iran sanctions, and that’s what we need to do now.”

Last month, Van Hollen co-sponsored a bill with Sen. Pat Toomey, R.-Pa., that would impose secondary sanctions targeting third parties and countries that do business with North Korean companies and individuals.

Secondary sanctions offer a powerful financial weapon by allowing the U.S. government to bar foreign banks access to the U.S. financial system.

In late June, the White House imposed limited secondary sanctions on two Chinese citizens and a shipping company for helping North Korea develop nuclear weapons and also accused a regional Chinese bank, the Bank of Dandong, of laundering money for Pyongyang, Reuters reported.

Beyond cutting off cash and supplies to the North Korean regime, secondary sanctions squeeze the flow of cash to individuals, putting pressure on Kim’s political allies, according to David Cohen, a senior CIA official in the Obama administration.

“Imposing secondary sanctions would send a strong message to North Korean leader Kim Jong Un that the financial noose is tightening in a way that could drive a wedge between Kim and the Pyongyang elite critical to his continued hold on power,” Cohen wrote in a recent op-ed piece.

Imposing secondary sanctions that single out major Chinese banks and state enterprises comes with the risk of economic retaliation from Beijing.

To minimize that risk, the White House will need to build a much wider coalition of Asian countries, says Nicholas Burns, former U.S. ambassador to NATO during the George W. Bush administration.

But developing that coalition will be a tough task for an administration that has yet to fill dozens of key diplomatic positions. So far, the White House has filled fewer than half of the State Department positions that require Senate confirmation.

“It really is a time for diplomacy,” Burns told CNBC on Thursday. “But there’s no American ambassador to South Korea, there’s no secretary of State for East Asia. So, you’ve also got to fill out the ranks.”

https://www.cnbc.com/2017/08/10/us-north-korea-standoff-could-spark-economic-war-with-china.html

 

How did North Korea get nuclear weapons?

North Korea showed off its arsenal of missiles during this parade to celebrate the 105th birth anniversary of Kim Il-Sung in Pyongyang, North Korea, April 15, 2017.

North Korea showed off its arsenal of missiles during this parade to celebrate the 105th birth anniversary of Kim Il-Sung in Pyongyang, North Korea, April 15, 2017.

AP Photo/Wong Maye-E

North Korea is known for its bluster and outrageous propaganda, but the nuclear threat posed by the country is taken seriously by those in the know.

The “hermit kingdom” is estimated to have between 13 and 30 nuclear weapons, according to the Institute for Science and International Security. It could have up to 50 by the year 2020.

U.S. President Donald Trump has made it clear that he considers North Korea a legitimate threat. In early April, Trump dispatched the USS Carl Vinson aircraft carrier and its battle group to waters off the Korean Peninsula, and said “major, major conflict” was quite possible.

WATCH: Trump discusses military option for North Korea

Tensions have since soared over fears that North Korea may be about to conduct its sixth nuclear weapons test. On Friday, the country sent a letter to American lawmakers, saying any sanctions would only cause its nuclear testing program to “gather greater pace, beyond anyone’s imagination.”

But how did a country as isolated and impoverished as North Korea get its hands on nuclear weapons in the first place?

The Korean War

In 1950, a few months into the Korean War, U.S. President Harry Truman said in a press conference that the use of an atomic bomb was under “active consideration.”

Truman’s nuclear threat remained just that, with the Korean War formally ending in an armistice in 1953. But U.S. forces still laid waste to North Korean targets, dropping over 650,000 tons of bombs and napalm, according to The Korean War: A History.

U.S. Air Force Gen. Curtis LeMay estimated that the U.S. “killed off 20 per cent of the Korean population.”

WATCH: North Korea propaganda video puts White House in crosshairs, simulates strike on US Capitol

After the war, North Korea tried to convince its wartime ally China to share its nuclear weapons technologies. Supreme Leader Kim Il-Sung, grandfather of present-day leader Kim Jong-Un, twice asked Chinese ruler Mao Zedong for help but was refused both times, according to The Two Koreas: A Contemporary History.

Denied an easy path to a nuclear bomb, North Korea set about cobbling together an indigenous nuclear weapons program.

Soviet support

It helped that the country already had basic nuclear infrastructure in place.

As a founding member of the Soviet-led Joint Institute for Nuclear Research, North Korea had for years sent its scientists to the Soviet Union for nuclear energy training, according to a timeline compiled by the Nuclear Threat Initiative (NTI).

The Soviets even helped North Korea set up its first nuclear reactor in 1964. The reactor was used to produce radioactive isotopes for medicinal, industrial and research purposes.

READ MORE: Mike Pence urges China, Russia to pressure North Korea to abandon weapons program

But in the years that followed, the country began to explore weapons capabilities, summoning its best scientists home — including from Canada, according to NTI — to work on its fledgling nuclear weapons program.

But while North Korea’s scientists had the technical training, they lacked designs for the highly sophisticated facilities needed to produce nuclear weapons.

Path to a plutonium weapon

 In the ‘70s and ‘80s, North Korea set about acquiring sensitive nuclear technologies from Europe, taking advantage of the lack of adequate nuclear information safeguards at the time.

At one point, North Korean agents went to a conference in Vienna and chatted up some Belgian scientists who had a design for a plutonium separation plant, The Atlantic reported.

“Lo and behold, it wasn’t long before the North Koreans obtained the design information for that installation… and then eventually over a period of 10 to 15 years, they set that technology up, they deployed the plant, they started to experiment with it and use it,” Mark Hibbs, a senior fellow with the Carnegie Endowment for International Peace, told The Atlantic.

READ MORE: North Korea says it’s ready for war if Donald Trump wants

In 2003, CIA director George Tenet told the Senate Armed Services Committee that North Korea “probably” has one or two plutonium-based nuclear warheads, according to The Statesman’s Yearbook 2012.

The following year, second-generation Supreme Leader Kim Jong-Il invited a delegation of Western nuclear scientists to North Korea to see its plutonium extraction facility. One of them, American scientist Dr. Siegfried Hecker, revealed in a Google Tech Talk lecture that North Korean officials at one point brought out two marmalade jars of plutonium.

“Inside one was a plutonium powder and the other one had plutonium metal,” Hecker said.

He even held one of the jars in his hand, and concluded from its appearance, weight and warmth that it contained radioactive plutonium.

In 2006, two years after Hecker’s visit, North Korean state media announced the country’s first nuclear weapon test.

By then, the country’s scientists had increasingly begun redirecting their efforts away from plutonium-based nuclear weapons to uranium-based ones, according to NTI. This is because the facilities needed to produce weapons-grade uranium can more easily be hidden underground, away from prying satellites and weapons inspectors.

North Korea wanted to cover all its bases.

Pakistani proliferation

The groundwork for North Korea’s uranium nuclear weapons program was laid in the ‘90s, with substantial help from Dr. A.Q. Khan, the pioneer of Pakistan’s atomic bomb program.

Khan orchestrated the clandestine transfer of uranium centrifuges, enrichment machines and technical data to North Korea over a period of several years, according to the book Nuclear Black Markets: Pakistan, A.Q. Khan and the Rise of Proliferation Networks.

According to the book’s author, Mark Fitzpatrick, some of Khan’s deals were likely tied to existing official agreements between the two countries, wherein North Korea provided ballistic missile technologies to Pakistan.

WATCH: Pakistan test fires submarine-based cruise missile

In 2003, the U.S. learned of North Korea’s plans to build a uranium-enrichment facility with Pakistan’s help. The following year, Khan admitted to running a global nuclear proliferation ring, with Iran and Libya among his other clients.

Khan later told German magazine Der Spiegel that he was merely acting on behalf of the Pakistani leadership.

He even released what he claimed was a 1998 letter from Jon Pyong-ho, one of the architects of North Korea’s nuclear program, in which Pyong-ho assures that $3 million has been transferred to Pakistan’s army chief, and asks that Khan dispatch “the agreed documents, components, etc.” via a North Korean emissary.

READ MORE: Pakistan refuses to release doctor who helped US find Osama bin Laden

Khan was later pardoned by Pakistani leader Gen. Pervez Musharraf.

“By freely selling enrichment equipment and putting the designs on computer disks, Khan significantly lowered the technical barriers to nuclear weapons development,” Fitzpatrick wrote.

And no country benefited more from Khan’s largesse than North Korea.

READ MORE: Pakistan issues nuclear warning to Israel on Twitter after fake news story

In 2010, Dr. Siegfried Hecker was again invited to North Korea, and was this time taken on a tour of a uranium enrichment facility. He described what he saw as “truly mind-boggling” — around 2,000 centrifuges that appeared to contain highly enriched, weapons-grade uranium.

“[The North Koreans] take whatever they can get, and then they build things themselves, and they do it quite well,” Hecker concluded in his Google Tech Talks lecture.

The Nuclear Silk Road

In early 2015, debris from a North Korean satellite launch were analyzed by experts and found to contain components manufactured in the U.K. and routed through Chinese companies, according to a United Nations Panel of Experts report.

The following year, foreign journalists on a tour of a Pyongyang factory spotted a shipment of boxes from Calgary-based chemical producer Dow Canada, the Washington Post reported.

These are but two of several known instances of North Korea evading international sanctions and export controls to procure weapons components.

WATCH: China says it will impose more sanctions on North Korea if missile test conducted: Tillerson


“North Korea is very creative in the way that it goes about sanctions evasion, and the patterns in which it goes about it vary,” Andrea Berger, a senior researcher with the James Martin Center for Nonproliferation Studies, told Global News.

Berger says North Korea often sends trusted nationals to China to set up front companies, often in collaboration with Chinese citizens. These companies then import equipment from Western manufacturers, who often have no way of knowing that the companies are really fronts controlled by the North Korean regime.

“Let’s say you’re Siemens in Germany and you get a purchase request from ‘Golden Star General Trading Corporation’ in China. You look into that company and it doesn’t have a big web presence  —  because most Chinese small and medium-sized enterprises don’t  — and you assume, after some limited due diligence, that it’s probably fine,” Berger says.

READ MORE: China defends trade practices with North Korea after Chinese-made vehicles seen towing ballistic missiles

Even Chinese banks themselves often get deceived, she adds.

“The bank account might be under, say, ‘Golden Star General Trading Corporation’ or a Chinese director,” Berger says. “The Bank of China might not immediately be the wiser that there’s a North Korean beneficiary behind that account.”

By covering their tracks in this manner, front companies procure sensitive goods before re-exporting them to North Korea, evading Chinese export controls via misleading shipping labels or creative smuggling techniques.

READ MORE: U.S. mulls North Korea sanctions, targeting cash that flows through Chinese banks

The racket doesn’t exclusively involve surreptitious front operations, however.

In 2015, a large Chinese company called Shenyang Machine Tools bought equipment from a European manufacturer under the explicit condition that the items wouldn’t be re-sold to North Korea, according to the Institute for Science and International Security.

Shenyang Machine Tools promptly broke the agreement by embedding the products into its own line of industrial machines, which were then exported to North Korea.

The equipment in question is commonly used to manufacture missile parts and uranium centrifuges.

Financial skullduggery

So how does North Korea pay for the expensive parts that it acquires illegally?

Turns out it doesn’t just use front companies to buy  —  it also uses them to sell its own military products.

Earlier this year, the UN Panel of Experts reported the interception of a shipment of 45 military radios bound for Eritrea. The shipment was sent by a Malaysian-based company called Glocom — which investigators found to be controlled by the North Korean intelligence agency.

Glocom was selling the radios to developing countries at North Korea’s behest — for $8,000 per unit.

READ MORE: U.S. urges UN Security Council to increase economic pressure on North Korea over weapons program

Berger, who is familiar with the Glocom investigation, said the company was “being used to facilitate sales of that technology specifically.”

The combination of such clandestine military deals, the sale of missile technologies and the export of coal and minerals have enabled North Korea to fund its nuclear procurement, the UN report suggested.

The “disco ball” warhead

In March 2016, North Korean state media released photographs of Kim Jong-Un standing in front of what it claimed was a miniaturized nuclear warhead “standardized to be fit for ballistic missiles,” Reuters reported.

The object was silver, shiny and shaped like a giant orb. It was roundly mocked on Twitter for resembling a disco ball.

So you’re saying this new disco ball with old CDs stuck on the side will be more glittery? 

But experts aren’t laughing.

Melissa Hanham, a researcher who analyzes open source data and photos to assess North Korea’s weapons programs, says it’s “plausible” that the object is a working nuclear warhead.

“We can’t see inside it to say, ‘Yes, it is’ or ‘No, it isn’t’ a nuclear warhead,” Hanham told Global News. “But they’ve had five nuclear tests, so it wouldn’t be surprising for them to have that kind of compact warhead by that many tests.

READ MORE: North Korea’s latest missile launch could be 2nd test of new technology, experts say

“I can tell you that we’ve measured it a lot, and it does fit into the payload of many of their missiles.”

Hanham admits it’s bizarre that North Korea would let its Supreme Leader stand so close to the real thing, but points out that “there are other photographs of Kim Jong-Un engaging in really dangerous activities that confuse us as well” — referring to photos of him smoking next to a solid-fuel rocket engine and standing underneath a heavy object dangling from a crane.

A legitimate threat

The purported warhead may have been goofy-looking, but it represented one of many milestones in a ramped-up schedule of North Korean nuclear weapons development over the past year and a half.

“North Korea in 2016 spent a lot of time doing a point-for-point refutation of every major narrative of the things it ‘couldn’t do’ in its nuclear missile program,” Berger says.

“All the developments we’re seeing in the nuclear missile program are deeply serious, and the more we continue to laugh about it, the more North Korea will attempt to demonstrate that it has a credible military program that is making rapid advancement.”

WATCH: Should we be worried about North Korea?

That advancement is the result of over half a century of steadily accumulated scientific know-how and single-minded subterfuge, with North Korea taking advantage of lax regulations and shady foreign partners to hoodwink the international non-proliferation regime.

Berger says China’s “conscious negligence” — in relation to both clamping down on front companies and tightening export controls — has resulted in such a huge flow of illicit goods to North Korea that it would take “an enormous effort” to rein it in at this point.

“The problem we have is enormous policy inertia, and very few good ideas of how to address the situation,” Berger says.

READ MORE: Could North Korea’s nuclear missiles reach Canada?

Hanham agrees. “I think there are probably still opportunities to slow or disrupt their program, but they’ve already crossed a lot of important thresholds that make it unlikely that they will give up their [nuclear] program entirely,” she says.

“North Korea has shown that it’s dedicated to acquiring nuclear weapons, and it’s very hard to stop any country that’s completely dedicated.”

How did North Korea get nuclear weapons?

Story 2: Fed To Start Quantitative Tightening In October 2017 by Selling Some ($10 Billion Per Month or $120 Billion Per Year) of $4,500 Billion Bond Portfolio As U.S. Economy Slows in 2017? — Videos

Image result for federal reserve quantitative tightening

 

Image result for federal reserve asset portfolio

Image result for federal reserve balance sheet september 2017

Image result for federal reserve asset portfolio as of september 2017

Federal Reserve stimulus era ends

Federal Reserve Chair Janet Yellen announcement on interest rates. September 20, 2017

Gordon Gray on today’s Federal Reserve announcement

In shedding bonds, Fed aims for boring end to crisis-era measures

What does the Federal Reserve’s balance sheet announcement mean for you? 3 key Fed meeting takeaways

UNDERSTANDING QUANTITATIVE TIGHTENING (UNWINDING QE)

Will Fed’s balance sheet reduction disrupt the markets?

Fed Insider We Have Been Put On Notice, The Debt Is Unsustainable Danielle DiMar

Top of Mind: Normalizing the Fed’s Balance Sheet – Goldman Sachs Research’s Allison Nathan

🔴 Federal Reserve Has a Fall Guy in Donald Trump

David Stockman | Sell the House, Sell the Wife, Sell the Kids

ECONOMIC COLLAPSE ~ FED WILL NEVER COMPLETELY UNWIND THE BALANCE SHEET

DAVID STOCKMAN | The US and World Economy Are On The Brink Of Failure, Be Careful – update 2017

Killik Explains: How Quantitative Tightening (QT) may impact investors

What Economic Growth? 10 Year – Treasury Yields Headed to Zero!

How Will the Fed Reduce Its Balance Sheet?

Fed will finally wind down historic rescue program

The Federal Reserve is leaving interest rates alone to give the economy room to keep growing.

But the central bank did take historic action on Wednesday: It will begin undoing the extraordinary steps it took to prop up the economy for almost a decade after the financial crisis. The Fed said it would begin shedding some of the $4.5 trillion in investments starting next month.

The announcement marks a milestone in the long recovery from 2008, and reflects confidence by Fed officials that the economy will continue to grow.

Starting in October, the Fed will begin unloading $10 billion of debt from its so-called balance sheet, including $6 billion in Treasury securities and $4 billion in agency debt each month through December.

For years, the central bank piled up purchases of Treasury and mortgage-backed securities, a strategy intended to stimulate the economy by reducing borrowing costs for everyone. At the time, it also reduced its benchmark interest rate to zero, and only began raising it in December 2015, seven year after the crisis.

On Wednesday, the Fed left rates unchanged, hovering between 1% and 1.25%.

Related: The CNNMoney Trump Jobs Tracker

The central bank has raised that rate three times since December as the economy has gradually improved. Raising rates too quickly could risk hobbling the recovery.

Still, the majority of Fed policymakers signaled on Wednesday that they expect to lift rates one more time this year.

Central bankers pointed to signs of strength in the U.S. economy, including a pickup in household spending and growth in business investments, in a statement following the Federal Open Market Committee’s two-day meeting.

“Job gains have remained solid in recent months, and the unemployment rate has stayed low,” the Fed said in a statement.

While Fed officials cautioned that the devastation of Hurricanes Harvey, Irma and Maria would hold back the U.S. economy in the “near term,” they said the storms would not “materially alter” the country’s economy overall.

“Within a few months, rebuilding activity has typically kicked in, returning economic growth to normal—or maybe even a little higher than normal,” wrote Eric Winograd, AB senior economist in a note. “So, despite the storms, we’re still confident the U.S. economy will keep its momentum, because the foundations are sound.”

Related: Fed Chair Janet Yellen warns – Monitor your credit report!

Some Fed officials have warned against raising interest rates until inflation — which reflects the prices of everything from meat and cheese to houses and cars — meets the goal of 2% that they consider healthy for the economy.

But inflation is still running below that target, even though the job market has picked up and other explanations have fallen away. In a press conference, Fed chair Janet Yellen described it as something of a “mystery.”

In past years, she said the Fed has been able to point to root causes of low inflation: the gap between those employed versus those that aren’t, energy prices and a rising dollar.

“This year’s inflation shortfall is more of a mystery,” Yellen told reporters at the press conference. “I will not say that the committee clearly understands what the causes are.”

Central bankers have been in a bind over when to lift rates again. Inflation has been stubbornly low for years, suggesting the Fed should hold off. But economic growth and low unemployment suggest they should act.

Fed officials cautioned that they do expect inflation to be higher than normal — at least for a little while — following the hurricanes that have devastated Texas, Florida and now Puerto Rico.

“Inflation remains the wild card of Fed policy and the temporary boost to gasoline prices following the hurricanes only clouds the picture further,” said Bankrate.com’s chief financial analyst Greg McBride. “Whether the Fed hikes in December will remain an open question until December.”

Along with one more rate hike this year, the Fed also predicted three more possible moves next year.

“It is too soon for the committee to conclude that the recent slowing in inflation was sufficiently permanent to alter the Fed’s plans,” Michael Gapen, a Barclay’s analyst wrote in a research note.

The Fed said it continues to expect inflation to remain at 1.6%, below its target, and the unemployment rate to be 4.3%, based on its updated economic projections.

The central bank did, however, offer a rosier picture of the overall economy, upping its economic growth forecast to 2.4% from 2.2%.

Yellen again declined to address speculation about whether President Trump will nominate her for a second four-year term leading the Fed. Her first term ends in February.

http://money.cnn.com/2017/09/20/investing/federal-reserve-janet-yellen/index.html

Fed prepares to cut $4.5 trillion portfolio: What it means
By Matthew Rocco Published July 12, 2017 The Fed FOXBusiness Opens a New Window.

USA-FED/ The Federal Reserve building in Washington, D.C (Kevin Lamarque / Reuters)
Federal Reserve Chairwoman Janet Yellen will be on Capitol Hill for two days of congressional testimony starting Wednesday, and investors will be closely watching the proceedings for any clues about the central bank’s plans to shrink its securities portfolio.

The Fed has begun to pave the way toward cutting its balance sheet, which grew from about $1 trillion to $4.5 trillion in five years. The large increase is the result of an aggressive bond-buying stimulus program known as quantitative easing. The program was implemented to keep interest rates low and support a collapsed housing market. Since December 2015, the Fed has gradually raised the benchmark fed funds rate from near zero amid an improved labor market and U.S. economy. But its large portfolio of Treasury bonds and mortgage-backed securities has remained in place.

With officials phasing out its crisis-era monetary policies, the Fed is now discussing a timeline to start winding down its portfolio to about half its current size.

“[The Fed] is in uncharted territory. They’ll be very cautious because they are committed to reducing interest rates and reducing the balance sheet. The first foray will be fairly limited,” said Nariman Behravesh, IHS Markit’s chief economist.

Investors have mostly prepared themselves for the Fed’s next move by anticipating an increase in interest rates. If anything, the Fed tends to “do less than the market expected,” Behravesh added.

“I think the good thing is the Fed is raising rates in an environment that’s not gangbusters, but it’s decent. Rates will go up, no question, but if they go gradually, it won’t do a great amount of damage to the economy,” he said, noting that the fed funds rate remains historically low. “Monetary policy is becoming tighter, but at the end of next year, it still won’t be tight.”

Fed members have already decided on a plan of action. Currently, the Fed purchases new bonds to replace the ones that come due. Once it starts the clock, the central bank will allow bonds to mature and roll off its balance sheet.

At their June policy-setting meeting, members of the Federal Open Market Committee set up a plan to shed as much as $6 billion worth of government bonds and $4 billion in mortgage-backed securities each month as a starting point. The Fed would raise the amount every quarter, eventually hitting a cap of $30 billion in Treasury and $20 billion in mortgage bonds per month.

Federal Reserve Board Chairwoman Janet Yellen holds a news conference after the Fed released its monetary policy decisions in Washington, U.S., June 14, 2017. TPX IMAGES OF THE DAY – RTS1750PExpand / Contract
Federal Reserve Board Chairwoman Janet Yellen holds a news conference after the Fed released its monetary policy decisions in Washington, U.S., June 14. (Joshua Roberts / Reuters)
Demand for bonds will weaken once the Fed stays on the sidelines, thus lowering prices and forcing interest rates to climb. (Bond yields move in the opposite direction as prices.) The magnitude of that rate increase will depend on how gradually the Fed sells off its holdings, Behravesh explained.

The benchmark 10-year Treasury yield has declined about 0.081 percentage points since the start of the year, hitting 2.36% in recent trading.

As for when the Fed will kick off the process, several officials prefer to “announce a start to the process within a couple of months,” according to minutes of their June meeting Opens a New Window. . Others believed that a decision later in 2017 would give the Fed more time to study inflation, which has fallen short of the central bank’s target, and U.S. economic activity.

More from FOX Business
Yellen: Job gains strong enough to expand labor force
Fed officials look to shrink portfolio, minutes show
US adds 222,000 jobs in June, keeping Fed on course
Cyber threat to America’s nuclear facilities is real: Rick Perry
The general consensus is that the Fed will make an announcement in September. In her prepared remarks to Congress Opens a New Window. , Yellen affirmed that the Fed will “likely” implement the program this year, as long as the economy “evolves broadly as anticipated.”
“We do not intend to use the balance sheet as an active tool for monetary policy in normal times,” Yellen said, adding that the Fed is prepared to “resume reinvestments” if it sees a deterioration in the economic outlook.

No matter when the Fed begins to shrink its portfolio, economists expect it to move in the same way it raises interest rates: slowly.

“It’s hard to tell how slowly they are going to go,” Behravesh said, but the Fed is determined to move one step at a time. The impact on the financial and housing markets isn’t fully clear, and the Fed plans to raise the fed funds rate at the same time it dumps assets.

In June, the Fed raised the fed funds rate another quarter of a percentage point to a range of 1% to 1.25%. The next rate hike is expected in December.

http://www.foxbusiness.com/markets/2017/07/12/fed-prepares-to-cut-4-5-trillion-portfolio-what-it-means.html

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Shows 963-969

Listen To Pronk Pops Podcast or Download Shows 955-962

Listen To Pronk Pops Podcast or Download Shows 946-954

Listen To Pronk Pops Podcast or Download Shows 938-945

Listen To Pronk Pops Podcast or Download Shows 926-937

Listen To Pronk Pops Podcast or Download Shows 916-925

Listen To Pronk Pops Podcast or Download Shows 906-915

Listen To Pronk Pops Podcast or Download Shows 889-896

Listen To Pronk Pops Podcast or Download Shows 884-888

Listen To Pronk Pops Podcast or Download Shows 878-883

Listen To Pronk Pops Podcast or Download Shows 870-877

Listen To Pronk Pops Podcast or Download Shows 864-869

Listen To Pronk Pops Podcast or Download Shows 857-863

Listen To Pronk Pops Podcast or Download Shows 850-856

Listen To Pronk Pops Podcast or Download Shows 845-849

Listen To Pronk Pops Podcast or Download Shows 840-844

Listen To Pronk Pops Podcast or Download Shows 833-839

Listen To Pronk Pops Podcast or Download Shows 827-832

Listen To Pronk Pops Podcast or Download Shows 821-826

Listen To Pronk Pops Podcast or Download Shows 815-820

Listen To Pronk Pops Podcast or Download Shows 806-814

Listen To Pronk Pops Podcast or Download Shows 800-805

Listen To Pronk Pops Podcast or Download Shows 793-799

Listen To Pronk Pops Podcast or Download Shows 785-792

Listen To Pronk Pops Podcast or Download Shows 777-784

Listen To Pronk Pops Podcast or Download Shows 769-776

Listen To Pronk Pops Podcast or Download Shows 759-768

Listen To Pronk Pops Podcast or Download Shows 751-758

Listen To Pronk Pops Podcast or Download Shows 745-750

Listen To Pronk Pops Podcast or Download Shows 738-744

Listen To Pronk Pops Podcast or Download Shows 732-737

Listen To Pronk Pops Podcast or Download Shows 727-731

Listen To Pronk Pops Podcast or Download Shows 720-726

Listen To Pronk Pops Podcast or DownloadShows 713-719

Listen To Pronk Pops Podcast or DownloadShows 705-712

Listen To Pronk Pops Podcast or Download Shows 695-704

Listen To Pronk Pops Podcast or Download Shows 685-694

Listen To Pronk Pops Podcast or Download Shows 675-684

Listen To Pronk Pops Podcast or Download Shows 668-674

Listen To Pronk Pops Podcast or Download Shows 660-667

Listen To Pronk Pops Podcast or Download Shows 651-659

Listen To Pronk Pops Podcast or Download Shows 644-650

Listen To Pronk Pops Podcast or Download Shows 637-643

Listen To Pronk Pops Podcast or Download Shows 629-636

Listen To Pronk Pops Podcast or Download Shows 617-628

Listen To Pronk Pops Podcast or Download Shows 608-616

Listen To Pronk Pops Podcast or Download Shows 599-607

Listen To Pronk Pops Podcast or Download Shows 590-598

Listen To Pronk Pops Podcast or Download Shows 585- 589

Listen To Pronk Pops Podcast or Download Shows 575-584

Listen To Pronk Pops Podcast or Download Shows 565-574

Listen To Pronk Pops Podcast or Download Shows 556-564

Listen To Pronk Pops Podcast or Download Shows 546-555

Listen To Pronk Pops Podcast or Download Shows 538-545

Listen To Pronk Pops Podcast or Download Shows 532-537

Listen To Pronk Pops Podcast or Download Shows 526-531

Listen To Pronk Pops Podcast or Download Shows 519-525

Listen To Pronk Pops Podcast or Download Shows 510-518

Listen To Pronk Pops Podcast or Download Shows 500-509

Listen To Pronk Pops Podcast or Download Shows 490-499

Listen To Pronk Pops Podcast or Download Shows 480-489

Listen To Pronk Pops Podcast or Download Shows 473-479

Listen To Pronk Pops Podcast or Download Shows 464-472

Listen To Pronk Pops Podcast or Download Shows 455-463

Listen To Pronk Pops Podcast or Download Shows 447-454

Listen To Pronk Pops Podcast or Download Shows 439-446

Listen To Pronk Pops Podcast or Download Shows 431-438

Listen To Pronk Pops Podcast or Download Shows 422-430

Listen To Pronk Pops Podcast or Download Shows 414-421

Listen To Pronk Pops Podcast or Download Shows 408-413

Listen To Pronk Pops Podcast or Download Shows 400-407

Listen To Pronk Pops Podcast or Download Shows 391-399

Listen To Pronk Pops Podcast or Download Shows 383-390

Listen To Pronk Pops Podcast or Download Shows 376-382

Listen To Pronk Pops Podcast or Download Shows 369-375

Listen To Pronk Pops Podcast or Download Shows 360-368

Listen To Pronk Pops Podcast or Download Shows 354-359

Listen To Pronk Pops Podcast or Download Shows 346-353

Listen To Pronk Pops Podcast or Download Shows 338-345

Listen To Pronk Pops Podcast or Download Shows 328-337

Listen To Pronk Pops Podcast or Download Shows 319-327

Listen To Pronk Pops Podcast or Download Shows 307-318

Listen To Pronk Pops Podcast or Download Shows 296-306

Listen To Pronk Pops Podcast or Download Shows 287-295

Listen To Pronk Pops Podcast or Download Shows 277-286

Listen To Pronk Pops Podcast or Download Shows 264-276

Listen To Pronk Pops Podcast or Download Shows 250-263

Listen To Pronk Pops Podcast or Download Shows 236-249

Listen To Pronk Pops Podcast or Download Shows 222-235

Listen To Pronk Pops Podcast or Download Shows 211-221

Listen To Pronk Pops Podcast or Download Shows 202-210

Listen To Pronk Pops Podcast or Download Shows 194-201

Listen To Pronk Pops Podcast or Download Shows 184-193

Listen To Pronk Pops Podcast or Download Shows 174-183

Listen To Pronk Pops Podcast or Download Shows 165-173

Listen To Pronk Pops Podcast or Download Shows 158-164

Listen To Pronk Pops Podcast or Download Shows 151-157

Listen To Pronk Pops Podcast or Download Shows 143-150

Listen To Pronk Pops Podcast or Download Shows 135-142

Listen To Pronk Pops Podcast or Download Shows 131-134

Listen To Pronk Pops Podcast or Download Shows 124-130

Listen To Pronk Pops Podcast or Download Shows 121-123

Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

Listen To Pronk Pops Podcast or Download Shows 104-105

Listen To Pronk Pops Podcast or Download Shows 101-103

Listen To Pronk Pops Podcast or Download Shows 98-100

Listen To Pronk Pops Podcast or Download Shows 94-97

Listen To Pronk Pops Podcast or Download Show 93

Listen To Pronk Pops Podcast or Download Show 92

Listen To Pronk Pops Podcast or Download Show 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

Listen To Pronk Pops Podcast or Download Shows 49-51

Listen To Pronk Pops Podcast or Download Shows 45-48

Listen To Pronk Pops Podcast or Download Shows 41-44

Listen To Pronk Pops Podcast or Download Shows 38-40

Listen To Pronk Pops Podcast or Download Shows 34-37

Listen To Pronk Pops Podcast or Download Shows 30-33

Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

Listen To Pronk Pops Podcast or Download Shows 16-22

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 1-9

Read Full Post | Make a Comment ( None so far )