Tuesday, June 28, 2016

I thought it was a good speech and especially like the backdrop. It was colorful as well as practical. Well done.

June 28, 2016
By Nick Corasaniti and Alexander Burns

Monessen, Pa. — Donald J. Trump (click here) vowed on Tuesday to rip up international trade deals and start an unrelenting offensive against Chinese economic practices, framing his contest with Hillary Clinton as a choice between hard-edge nationalism and the policies of “a leadership class that worships globalism.”
Speaking in western Pennsylvania, Mr. Trump sought to turn the page on weeks of campaign turmoil and racial controversy by returning to a core set of economic grievances that have animated his campaign from the start.
He attacked Mrs. Clinton for flip-flopping on her past support for the Trans-Pacific Partnership, a trade pact negotiated by the Obama administration, and challenged her to pledge that she would void the agreement in its entirety....

I have issues with some of it. It wasn't this speech that referred to a TPP Prosecutor to help American companies when power is leverage over their operations. To begin, the TPP is power leveraged over American businesses. The complexity of the legal entanglements should be resolved BEFORE any agreement. Leaving such entanglements to American companies, even with a complimentary lawyer, is designed to stifle them. The problems with TPP is too cumbersome to even consider it as a trade option for the USA. 

Such a legal process only holds the hand of American companies. There should be no legal process at all. The wrinkles should be ironed out long before the words were inscribed to paper. TPP is a hostile trade option. 

As to this speech, there was a statement about mining and it is a crony statement. Coal mining in the USA will never produce jobs again. The industry is far too mechanized to hire more labor. It is a contracting industry and it is obsolete. To state mining will be given a place in the USA economy as an industry that will create jobs is a lie. It is just that simple. The assessment of the industry can't be discerned from a prospectus. The liquidity of investment serves only stockholders. It has nothing to do with job creation. So, that statement is a 'shame on you,' Mr. Trump. Cronys? Really?