Earlier this morning, Kellyanne Conway appeared on Bloomberg to discuss Trump's economic policies regarding everything from job creation to tax cuts, energy investment, infrastructure spending, Obamacare and China. Of course, she started by taking the opportunity to boast about the "Trump Effect" that has already resulted in manufacturing jobs coming back to the United States and record high-er stock prices.
The cold war is officially back.
The Senate Armed Services Committee is currently hearing the testimony of retired Marine General James Mattis, picked by Donald Trump to take over the Department of Defense.
With all the partisan narrative defining Trump as a tariff-setting, anti-trade, economy-buster, we thought it ironic that free-trade-wunderkid Obama just escalated trade wars by bringing his administration's 16th trade-enforcement complaint against China with WTO, urging tariffs on subsidised Chinese aluminum, after accusing them of funneling artificially cheap loans from state-run banks to producers.
While Rex Tillerson's confirmation hearing as Trump's Secretary of State was for the most part uneventful, several hours into his back and forth with the Senate Foreign Relations Committee, Tillerson compared China’s actions to those of Russia in Crimea, saying a failure to respond had allowed it to “keep pushing the envelope” in the South China Sea.
Review of The CIA As Organized Crime by Douglas Valentine, Clarity Press, 2017
Paul Craig Roberts