The well-funded Koch nonprofit network continues to agitate against President Donald Trump, whose tariffs are re-establishing America’s strong presence on the economic world stage. This week, the Kochs are teaming up with the open-borders advocacy organization the U.S. Chamber of Commerce to rail against the Trump agenda.
Freedom Partners, the main nonprofit bank the Kochs use for their political spending, and the Koch-funded Americans For Prosperity are hosting the event “Trade Builds America: A Conversation on the Harm of Tariffs and Protectionism” at the National Press Club Tuesday. The event will feature Steve Forbes, the failed former Republican presidential candidate who pushed for a flat tax but also loves so-called “free trade.” The event is co-sponsored by the U.S. Chamber of Commerce.
Clearly, the Kochs and the powerful Chamber are not being team players for Trump’s Republican Party in the midterm elections. David Koch resigned this year from the family political and business activities, so Koch sycophants are quick to point out that Charles is really the brother with the vision nowadays. One wonders if there was behind-the-scenes unpleasantness, as The New Yorker reported. The supposedly libertarian Kochs famously blackmailed their allegedly gay brother Frederick to embolden their own business stake some years ago.
As for trade, the globalists are on the wrong side of the national momentum.
Americans grew tired in recent years of merely being a consumer country, with factories fleeing this soil in the period between China’s entry into the World Trade Organization and Trump’s takedown of the globalist Clinton machine at the ballot box. The Midwest rallied behind President Trump in 2016 and now reaps the benefits of Trump’s strong stance on trade.
Trump’s tariff threats against European Union steel and aluminum led to the EU buying massive new amounts of American soybeans. In addition, Trump is already sending out $6 billion worth of checks to American farmers to offset any losses triggered by foreign countries slapping U.S. goods with retaliatory tariffs.
As Trump has consistently said, China’s markets are collapsing under the weight of new tariffs while American markets are growing stronger. Is this policy sparking a new trade war? Not really. As Trump says, America has been losing a trade war for decades and it makes no sense for the United States not to acknowledge a war that is already being waged against us. Steve Bannon points out in his new movie “[email protected]” that the Chinese are aggressively trying to dominate the world and replace the U.S. as the main superpower, and that Chinese leaders hate foreign diplomats who do not respect or care about their own countries (no problem with Trump on that front). The Chinese appreciate strength. Renewed respect for the United States is already being felt in every corner of the world including China.
The Kochs have a dirty history regarding their relationship with foreign despots, principally Adolf Hitler and Josef Stalin.
I explain how Fred Koch built oil refineries for Hitler and did business with the Soviets. Why do globalist billionaire brands get off the hook, even when they have a disgusting human rights record?
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Georgia’s Unelected RINO Senator Cashed Out on Stocks After Coronavirus Briefing
Sen. Kelly Loeffler has demonstrated her cronyism.
Sen. Kelly Loeffler (R-GA), who was appointed to her post undemocratically against the wishes of President Donald Trump, has been revealed for selling stock shortly after a private briefing on the coronavirus.
She and her husband sold off a stunning seven figures worth of stock options after the Senate Health Committee held a private meeting with all Senators to brief them about the growing coronavirus epidemic.
“Appreciate today’s briefing from the President’s top health officials on the novel coronavirus outbreak. These men and women are working around the clock to keep our country safe and healthy,” Loeffler wrote in a tweet about the briefing at the time.
Loeffler dumped stocks worth between $50,001 and $100,000 in Resideo Technologies following the hearing. The stock for Resideo has dropped by half since that point, as the Dow Jones has tanked by losing roughly 10,000 points.
She also made a buy of between $100,000 and $250,000 in Citrix, a tech firm specializing in teleworking that has bucked the market during its downturn due to the increased demand for remote networking because of coronavirus.
In subsequent tweets, Loeffler has repeatedly downplayed the threat of coronavirus.
“Democrats have dangerously and intentionally misled the American people on #Coronavirus readiness,” she wrote in a tweet on Feb. 28. “Here’s the truth: @realDonaldTrump & his administration are doing a great job working to keep Americans healthy & safe.”
“Concerned about #coronavirus?” she wrote in a tweet on March 10. “Remember this: The consumer is strong, the economy is strong, & jobs are growing, which puts us in the best economic position to tackle #COVID19 & keep Americans safe.”
Since she wrote those tweets, most of the country has been locked down, Wall Street has cratered, and death tolls have continued to spike.
Loeffler is not the only Senator who seemingly took information about coronavirus to benefit their own finances. Sen. Richard Burr (R-NC), who is chair of the Senate Intelligence Committee, had his hand caught in the cookie jar as well. He jettisoned between $500,000 and $1.5 million of stock in February after the meeting.
Burr knew about how potentially deadly the coronavirus could become, but only told his inner circle of well-connected constituents and kept the public in the dark.
“There’s one thing that I can tell you about this: It is much more aggressive in its transmission than anything that we have seen in recent history,” he told the insiders in the uncovered audio. “It is probably more akin to the 1918 pandemic.”
Loeffler was appointed to the U.S. Senate seat last year by Georgia Gov. Brian Kemp against the counsel of President Trump. Trump’s preferred pick for the seat, Rep. Doug Collins, is challenging Loeffler for her Senate position right now. The U.S. Senate election in Georgia will take place in November with multiple Republicans on the ballot.
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