Is a Trade Deal a Panacea?

About this Anglo-American trade deal, which John Bolton says will be a reality. Actually, he says we can do a lot of mini ones, sector by sector, sounds good to me, as it does to a lot of Brits. A bit of a dark cloud over it comes from Stumbling and Mumbling via our friends at Notes on Liberty.  They say this:

Brute facts tell us this. As part of the EU, the UK and Germany have the same trading rules. Last year, however, Germany exported $134bn of goods to the US whereas the UK exported only $65.3bn. Per head of population, Germany’s exports to the US were therefore 60% higher than the UK’s. Much the same is true for other non-EU nations. Last year Germany exported $11.8bn to Australia whilst the UK exported just $5.9bn, a per capita difference of over 50%. German exports to Canada were $12bn whilst the UK’s were $7.3bn, a 28% per capita difference. German exports to Japan, at $24.1bn were 2.2 times as great per head as the UK’s. And German exports to China, at $109.9bn were three times as great per capita as the UK’s $27.7bn.

Now, these numbers refer only to goods where Germany has a comparative advantage over the UK. But they tell us something important. Whatever else is holding back UK exports, it is not trade rules. Germany exports far more than the UK under the same rules.

As for what it is that is holding back exports, there are countless candidates – the same ones that help explain the UK’s relative industrial weakness: poor management; a lack of vocational training; lack of finance or entrepreneurship; the diversion of talent from manufacturing to a bloated financial sector; the legacy of an overvalued exchange rate. And so on.

There is truth in that, but I don’t think it’s the whole truth. One, Germany is something of an outlier, it has designed itself to be dependent on exports, in a sense it is like China that way. And also like China, that makes it vulnerable to events elsewhere.

But there is something else that bothers me with the UK, yes, but even more with all of Europe. They appear to have no confidence in themselves, the EU is essentially an economic Maginot line, not designed to make the members more profitable but to prevent them from going broke.

I pay more attention to the UK, so I see it more there, but I think it pervasive. I see few innovations coming out of any of these countries. The British, like us, used to idolize their inventors and entrepreneurs, now they seem to envy them and attempt to destroy them. And above all, they appear to have become welfare babies, completely unwilling to take a risk, no matter how well-considered. This is especially prevalent in the political realm where absolutely no one will call out the politically correct nonsense that Westminster insists on. This is the primary reason for the Brexit debacle, and perhaps including a fair amount of corruption, as well. Even to the point where the British are losing essential freedoms, like speech, as the government tries to protect the useless mouths. And then there is the seditious BBC (and Channel 4), if you think CNN is fake news, you should try these!

Now mind, this is probably not a majority of Britons (or quite a few other nationalities in Europe) but it does appear to be a majority in the City of London/Westminster, in other words in the political/government/big business sphere. For Britain to truly prosper as it once did, it will somehow have to overcome the blob that is holding it back.

That is something a trade deal cannot do for the British. In truth, we’re fighting the same battle.

The Wednesday Compendium

Richard Gere visited that refugee ship that the Italians are preventing form landing its passengers (good for them, in my opinion). Weasel Zippers tells us this.

He [Gere] compared the political situation in Italy, where League leader and Interior Minister Matteo Salvini has repeatedly refused requests by migrant ships to dock, to that of the U.S. administration of Donald Trump.

“We have our problems with refugees coming from Honduras, Salavador, Nicaragua, Mexico… It’s very similar to what you are going through here,” he said, accusing politicians in both Italy and the United States of demonising migrants.

Italian Interior Minister Matteo Salvini came very close to winning the internet with his response.

“Given this generous millionaire is voicing concern for the fate of the Open Arms migrants, we thank him: he can take back to Hollywood, on his private plane, all the people aboard and support them in his villas. Thank you Richard!” he said in a statement.

Well done, Minister Salvini. Sounds like something we’ve all thought, and perhaps said, more than once, doesn’t it?


National Security Advisor John Bolton is currently in London, talking to the British about Brexit and how it will affect our relationship. According to Guido, he said this:

He makes clear the US would “enthusiastically” support the UK if it left with no deal:

“If that is the decision of the British government, we will support it enthusiastically. That is the message I am bringing: we are with you. Britain’s success in successfully exiting the EU is a statement about democratic rule and constitutional government that is important for Britain but for the US too.”

Which is exactly what I’ve wanted ever since British Independence Day back on  23 June 2016. That it has taken over three years to finally get to this point makes it clear that Theresa May was the worst Prime Minister since at least Lord North.  As somebody said, Lord North only lost America, Theresa May did her best to lose Britain itself. Thank God for Boris Johnson, and may he steer a proper course back to independence. Somebody, back in some dangerous time, signaled, “England expects that every man will do his duty” Nothing much has changed in that regard since 23 October 1805.

This is part of the reason it is so important. From Mr. Bolton.

“The fashion in the European Union when the people vote the wrong way from the way the elites want to go, is make the peasants vote again and again until they get it right.”

Bolton, like many in the Trump administration, is an ideological supporter of Brexit as well as a pragmatic one. Remainers can complain all they like but it’s not a bad thing to have in your closest ally at this moment in time…

There are a lot of Americans (including me) who think that way, and some 16.7 million Britons as well.


Over at American Thinker, Eileen F. Toplansky wants to know why blacks are relinquishing their birthright. It’s a good question. Here is some of her article.

The Democrat Party knows only one way to reach the Black population in this country. They race-bait; they lie; they foment change that never actually helps Black people. They engage in covert racism against the very people they claim to want to help.

Cities that are Democratically-controlled have an abysmal record of assisting Black citizens. Yet, when election time comes around, the Democrats swoop in with their promises only to leave when the television cameras cease running.

She then talks about The Freedmen’s Bureau established in the War Department during Reconstruction.

On April 19, 1866, former slaves Benjamin Berry Manson and Sarah Ann Benton White received an official marriage certificate from the Freedmen’s Bureau, officially known as the Bureau of Refugees, Freedmen, and Abandoned Lands.

The Wilson County, Tennessee couple had lived as slave man and wife since October 28, 1843, and for the first time in more than two decades their marriage had finally received legal recognition. The Freedmen’s Bureau — established in the War Department by an act of Congress on March 3, 1865 … provided freed people with food and clothing, medical attention, employment, support for education, help with military claims, and a host of other socially related services — including assisting ex-slave couples in formalizing marriages they had entered into during slavery.

For the Mansons — who had lived intermittently on separate farms — the marriage certificate issued by the Freedmen’s Bureau was more than a document ‘legally’ sealing the sacred bonds of holy matrimony. Listing the names and ages of 9 of their 16 children, it was for them a symbol of freedom and the long-held hope that they and their children would one day live free as a family in the same household.

Benjamin and Sarah Manson were not alone in their quest to put their slave marriage on a legal footing. When freedom came, tens of thousands of former slave men and women — some seeking to marry for the first time and others attempting to solemnize long-standing relationships — sought help from Union Army clergy, provost marshals, northern missionaries, and the Freedmen’s Bureau.

We don’t talk enough about how we tried to help the former slaves and accomplished quite a lot.

Regarding education, how is it that so many black students are not excelling in school?  Frederick Douglass innately understood that slavery and education are incompatible because ignorance is one way slave-owners kept their slaves manageable.  Why aren’t black students demanding that they be taught the basics and not a slew of left-wing indoctrination meant to divide people and keep them down?

While no one is in actual iron chains, the Democratic Party keeps black people manageable because they have been denied the tools to succeed in reading, writing, and ‘rithmetic.  If you can barely read, you are ripe for the indoctrination and emotional angst the Democrats whip up.  If you are praised when you speak street talk in an effort to avoid appearing educated, what kind of gift is that?  If Democrats — now diehard leftists — use “white privilege” arguments in order to lure in naïve black students, these students have become useful tools to the left-wing Democratic Party.

As Thomas Sowell has written, “[d]uring the half century following the Civil War, an estimated $57 million was contributed from the North to educate black students in the South and blacks themselves contributed an additional $24 million.  But the Southern states dragged their feet on creating schools — and especially high schools — for black children.”

In fact, it was the Southern Democrats who were determined not to let black children realize their full potential.

Read it all. She is completely, thoroughly, and unequivocally correct. It’s a shame that Johnson and his heirs have so suborned the blacks that they actually do believe that their oppressors are their friends. I suspect than when the scales drop from their eyes, there will be hell to pay. I hope it comes soon because the longer it takes, the worse it will be, both for them now and for us all later.

Not for nothing did President Kennedy say:

Those who make peaceful revolution impossible will make violent revolution inevitable.

And that applies to all three stories we have here today.

Winning, so far, Anyway

This is interesting and actually some good news, for a change. I don’t know about you, but I could use some.

As all the world knows, the US and China are having, if not a full-scale trade war, some pretty serious trade skirmishes. So how is it going?

Pretty well actually, according to Chriss Street witing for American Thinker. Read it all. a lot of what I say here was derived from it.

Mexico and Canada were America’s top two trade partners in the first six months of 2019 as the escalating China-U.S. Trade War booted China to third place.

With China falling behind Mexico and Canada, President Trumps’ Trade War has succeeded in making North America’s revised trading bloc larger in population and GDP than the 28-nation European Union, according to Geopolitical Futures.

“I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to max out our economic power. We are right now taking in $billions in Tariffs. MAKE AMERICA RICH AGAIN”

Six months later, U.S. importers paid $6 billion in tariffs in June, a 74 percent spike compared to a year ago, despite a slight decline in import values. About $3.4 billion of those tariffs were imposed by President Trump, according to a study titled ‘Tariffs Hurt the Heartland’ by The Trade Partnership, a globalist Washington D.C. consulting firm.

The report claims Trump’s tariffs are highly inflationary by forcing consumers to pay an extra $4.4 billion for apparel, $2.5 billion for footwear, $3.7 billion for toys and $1.6 billion for household appliances.” But U.S. inflation in the first half of 2019 averaged just 1.7 percent, down from 2.4 percent last year, according to the U.S. Inflation Calculator.

The biggest key to holding back inflation has been the rapid global redeployment of manufacturing supply chains from China to Mexico, Canada, and even the United States. The repositioning speed demonstrates that analysts in the New York City to Washington D.C. corridor that predicted an inflationary spike had no clue regarding multinational businesses always having “disaster recovery” plans for alternative suppliers.

Every business, including the kid that mows your lawn, knows that lesson. Who knows what may happen to the gas station that you buy your mower fuel from. But it’s apparently over the head of The Trade Partnership. Not much of a surprise there, when ideology matters more than reality, stupid things happen.

In any case, one point the author makes is that while we often think of Mexico as a third world country, it actually is not. Depending on how you figure, it is nearly as large as Australia. One of the strengths of the USMCA as a trade bloc is that there is no attempt to align standards such as causes a lot of trouble in the EU.

That includes free trade agreements that steer jobs to low wage areas, and that very thing has cost the UK a lot of good jobs and is in fact, one of the things that are pushing Brexit.

By the way, the USMCA’s GDP (a somewhat flawed measurement, but it will serve) is $22.1 trillion compared with the EU’s $17.3 trillion.

What it seems that the President is offering the UK when it leaves the EU is some sort of association with the USMCA, which would add the UK’s $2.6 trillion (the fifth largest in the world) to the USMCA while removing it from the EU. Using current numbers that would make the USMCA’s GDP $24.7 trillion,

The EU continues its slide into mediocrity and uselessness.

About that trade war – we’re winning.

Video Thursday

Welp, a renewed hope in Britain

Maybe, I think everybody has doubts, but at least he’s always been a Brexiteer, and I think Trump likes. Good luck to him, as he tries to drain a bit of the UK swamp.

So Mueller testified yesterday. I saw just a bit last night, what a backfire that was. Here’s the best comment on it.

https://captiongenerator.com/1467792/Hitler-Discovers-Robert-Mueller-Knows-Nothing

Then there is this.

 

And a senior Google engineer talks.

Peter Thiel on Google and more. Lots of very good stuff here.

Hell in a Handcart: The European Report

The British continue their fall from being a free country. Tommy Robinson, their most famous political prisoner, is back in jail, with the establishment no doubt hoping their moslem allies kill him in prison, as has happened to other people railroaded by the government. Bruce Bawer in FrontPage Magazine tells us about it.

Trial by trial, imprisonment by imprisonment, dishonest news report by dishonest news report, the miserable bastards who make up the British establishment are steadily transforming Tommy Robinson, a working-class husband and father from Leeds, into an imperishable symbol of the quiet determination, indomitable courage, and love of liberty for which Britain used to be known but which that selfsame establishment has labored effortfully to stamp out during these opening chapters of the Islamization of that once-great nation.

Even those of us who have been closely following Tommy’s treatment by the British courts during the past couple of years – and who, perusing the charges against him, have recognized just how outrageously he has been treated by a judiciary committed not to justice but to the silencing, and if possible personal destruction, of this latter-day Jeremiah – were stunned by the verdict handed down on Friday after a two-day trial.

This was a rehearing of the same case that last year landed Tommy in prison (more specifically, in what amounted, in violation of the Geneva Convention, to solitary confinement), an ordeal from which he emerged, after two months, looking physically and psychologically all but broken. The charges themselves were absurd to begin with: he was taken into custody near the courthouse in Leeds, where he was doing a live report on Facebook video about an “Asian grooming-gang” (i.e. Muslim child-rape) prosecution that was underway inside. He didn’t do or say anything that any BBC or Guardian journalist in similar circumstances might do; but he was arrested anyway – on the grounds that his reporting from out on the street had somehow threatened to prejudice the trial going on inside the building – and was charged with contempt of court.

The speed with which he was tried, convicted, and incarcerated after his arrest in Leeds – the whole process took just a few hours – shocked observers who still thought of British justice as something serious and worthy of respect. His release from prison two months later came after the Lord Chief Justice of England and Wales, in an unusually blistering ruling, declared that the court proceedings against him had been illegitimate in a number of ways, and ordered his immediate release.

Keep reading at the link above. This travesty will probably stand long enough to kill a brave man, which is the judge’s intention.

In news from Scotland, a student has been expelled for stating that there are only two genders, which as anybody with any sense at all knows, is plain fact. Here is Sofia Carbone in Human Events to explain.

According to the 17-year-old student known only as Murray, the events unfolded after the teacher pulled up a website in front of the whole class that only gave two gender options.

“If I am [entitled to my own opinion], then why did you kick me out of class? It’s not very inclusive.” – Murray, 17

“[The teacher] basically started going off on a tangent about how bad that was, and how old fashioned it was,” Murray told a YouTube account known as ‘I, Hypocrite’.

This is when the student stated the scientific fact there are only two genders. In turn, he was removed from class, later given the reason his ‘opinion’ was ‘not inclusive’. However the teacher stated his own opinion, that there are more than two genders, is “acceptable” in contrast.

After sitting outside the classroom for thirty minutes, the teacher finally came out to speak with Murray, who recorded the entire encounter.

“You’re entitled to your opinion,” the teacher told Murray.

“If I am, then why did you kick me out of class? It’s not very inclusive,” Murray inquired.

Meanwhile, in the UK…. pic.twitter.com/9ATvHuUQ1P

— Paul Joseph Watson (@PrisonPlanet) June 14, 2019

Within a day of the video being posted, it had gone viral.

The school came across the video and called Murray and his mother in for a meeting.

According to Murray, during the meeting the school officials made clear he was not getting in trouble for his comment. Rather because he recorded the teacher which is a direct violation of one of the school’s rules.

The lesson to take from that, I think is that do not ever, tell the British schools the truth, tell them what they want to hear. This is, of course, the country that indoctrinates 5-year-olds with LGBTQWERTY nonsense, after all. And above all, don’t tell the world what these twits are doing. Family? what’s that? The State will raise you so that you too can be a confused twit.

No place left in (formerly great) Britain for honest people.

Noted in passing that the British Ambassador to the United States has been doing a very good job of smearing the President to his government. I thought that was the BBC’s job, but I guess he wanted to help out.

And in Europe, the EU keeps digging. David Wojick writing in PAPundits International tells us about that.

A month ago I predicted political turmoil in EU HQ and here it is. The strong (American like) showings by both the left and right in the parliamentary elections have destabilized the old, comfortable, left wing center.

The issue is who gets the top political positions? It is sort of like who will now be president? Except under the EU’s Byzantine structure there are several presidents, or sort of, I think.

As I understand it there is the President of the EU Commission, the President of the European Parliament, the President of the European Council (whose members are the EU countries), plus some other bigwig posts.

Britain having its own internal turmoil, with May on her way out, has left Germany (with Merkel probably also on her way out) and Macron’s France to defend the liberal center and that defense is decidedly weak, to say the least. Amusingly, Spain is now being cited as a power.

What is happening is actually pretty simple, but the liberal media simply does not want to report it. Trump-like populism is advancing. The old rules gave these top posts to the parties with the most votes but these are not centrist liberal parties so the liberals do not want to give up power.

And so that’s the salient reports from Europe lately. Hell, Handcarts, some easy travel required. After all, it’s downhill from here.

Speeches

Sometimes speeches tell us who we are. This is one of those times.

Anne Widdecombe made her maiden speech at the EU the other day. I doubt the members were all that thrilled. But Britons and Americans value the objective truth, and that is what she gave us.

This is the former Conservative minister who this year got cheered to the rafters in a miner’s men’s club. Not hard to see why.

Then there is Trump. A very good speech on American pride.

That pretty much tells you what you need to know

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