King Solomon, Is President Trump Prey?

Is this columnist circling President Trump Economic Policies with an Indirect Comparison?

King Solomon, Diligent Wise Use of Steel Tariffs Profits

Examples of wise or foolish use of steel and aluminum tariffs.

King Solomon, Why German Leaders are Wiser Than USA Leaders Part Two (Update)

 Another example in the news today about another wise German Bayer Buyout of USA Monsanto Chemical.

King Solomon, Trade Wars, Wisdom of Right Side of History? Re-Post

Interested in why is it folly to believe any predictions made about trade wars will be right in the future, based on past history?

King Solomon, Unbalanced Trade, Wonky or Significant? (u/d)

Another Wonky Economic Opinion Tribune Columnist?

King Solomon, Chapman’s Lecture on Tariffs

Will Steve Chapman explain why our one half trillion dollar trade deficit is wise or foolish?

King Solomon, Is Donald Trump a Fool? Part 3……(Repost)..

 

or are we Super Fools? (Original Post 10/27/15)

King Solomon, Favorite Wisdom Advice

If I had to choose my favorite Solomon Wisdom verses of advice for living, it would be these two.

King Solomon, Warren Buffett: Here’s How I Would Solve the Trade Problem

Interested  what a man skilled at his work would do about free trade instead of an inept politician? (Revisited)

King Solomon, USA Repeat Performance of Folly? Post Four

Globalism vs Nationalism, which choice will make the USA submissive and subordinate to other nations? I

King Solomon, Wampum, Fair Trade, Post Thirteen (Re-Post)

 

 What relationship does wampum have with fair trade?

King Solomon, Globalism and Millennials, Clinton or Trump?

 

Which candidate do millennials want to best represent their future interests?

The USA farmland and businesses are being bought up in a fire sale by foreign interests because of   President Obama, and the Hillary Clinton’s belief in open borders and globalism.

Which candidate’s future course and judgement will better represent millennial’s best future interests? In other words, millennial’s votes in this upcoming election of a Presidential candidate will determine their future.

What is Globalism?

There are plus and minus aspects in the belief of Globalism. The leaders you choose are supposed to represent you in the world and make certain globalism is in your positive interests. What you need to decide is which candidate will represent your interests with these questions.

Why is there such a huge increase of foreign interests buying out USA farmland, real estate and businesses going on now? Is it fair that Canada and Mexico and numerous other countries do not allow or limit foreign ownership of farmland while the USA does not?   How did foreign interests accumulate the nine trillion US dollars they are now using to buy up America? Why did Hillary Clinton, as Secretary of State allow Russia to own twenty percent of USA uranium mines?

I have answered all of these questions in series of previous posts in the sources listed below except for why recently President Obama gave an incentive for foreign interests to own and profit more by buying up the USA by inserting this FIRPTA provision into law.

FIRPTA

The provision waives the tax imposed on such investors under the 1980 Foreign Investment in Real Property Tax Act, known as FIRPTA. HERE

Obama gave a tax break to foreign investors to buy up  USA real estate assets,  but not you millennial voters.  In other words, Obama is a better representative for foreign interest than USA citizens.

He will probably say foreign investment is positive to increase USA real estate values. However, millions of USA millennials cannot now afford a home down payment because they do not make a livable wage or their wages have not increased significantly.   HERE.

How Did Foreign Investors Accumulate Nine Trillion US Dollars?

By unfair Trade Agreements negotiated by inept politicians. To add salt into the wounds of USA millennials, Obama gave an tax incentive to bring back US dollars to the USA but will not allow a tax incentive to bring back over two trillion dollars being held by USA Corporations in foreign accounts.

In My Opinion

Millennials need to vote wisely this election to guard their assets, land and animals in the USA, same as King Solomon advised them 3000 years ago when he wrote these proverbs.

King Solomon  

Keep a close eye on your sheep pay careful attention to your flocks; for wealth does not last forever, riches are not inexhaustible. (Proverb 27: 23,24) 

Flocks and herds are a basic stable form of wealth and one which is self-perpetuating.   Money quickly made in trade and commerce is dissipated with equal rapidity, whereas flock and herds establish a tradition of wealth in a family, a kind of wealth which is consolidated by each succeeding generation and faithfully conveyed to the next. (Proverbs Mc Kane) 

A man of small means with one servant is better off than on who makes a show of grandeur, but is short of bread. A righteous man cares for the well-being of his animals, but the feelings of the wicked are cruel. He who tills his soil has his fill of bread. (Proverbs 12:9-11) 

Bostron holds that sentences of this kind indicate that a special value was attached to the tilling of the soil which was regarded as the highest kind of work, so that is is possible to speak of an agricultural ideal in the book of Proverbs. The antithesis, is particularly between such elemental work and involvement is dubious mercantile and financial transactions. (Proverbs Mc Kane) 

In Other Words,

When you no longer have any land or animals, you will become a servant to those who own those types of assets, which are then passed on to their posterity instead of your children.

I interpret ‘servant’ to be similar as a person who works in the ‘service’ industry. Our politicians who are supposed to represent USA interests, instead chose to believe the USA will prosper as a service industry nation, with open borders and globalism.

If millennials are not concerned with foreign interests buying up US farmland and industries,  it is their choice, so they should vote for Hillary Clinton.

And when millennials reach my age of 76 and look back, I can only wonder which of these two song verses they will sing to their children and grandchildren?

Will the words be….?

This land IS. …MY Land?

or….,

This land WAS…. MY Land?

Regards and goodwill blogging.

Sources

What is Globalism? HERE

Series of Posts on Fair Trade HERE

Nine Trillion Dollars HERE

Millennials, Votes HERE

Millennials, Banausic HERE

King Solomon, Banausic Millennials Good or Bad?

 

Want to know why it is good that Millennials want free college?

King Solomon, Warren Buffett: Here’s How I Would Solve the Trade Problem

 

 

Interested  what a man skilled at his work would do about free trade instead of an inept politician?

King Solomon

You have seen a man skilled at his work? It is with Kings that he will hold office ; he will nt hold office with obscure men. (Proverbs 22:29)

Who Are Obscure Men?

In my opinion, it is the inept politicians that have squandered nine trillion US dollars with bad unfair trade agreements.

If Interested, read this Fortune Article HERE.

Warren Buffett: Here’s How I Would Solve the Trade Problem

Regards and Goodwill Blogging.

 Previous Post Link

https://rudymartinka.com/2016/08/31/king-solomon-donald-trump-warren-buffet-fair-trade-post-nine/

   

King Solomon, Renegotiate Fair Trade, Final Post Eighteen (Repost)

 

What should the USA do to balance present deficit trade balances in my opinion?

King Solomon, How the USA Can Again Compete in Trade Against Low Labor Costs

Date: 09/30/2016Author: scatterwisdom0 Comments— Edit

History has revealed the only way the USA can price compete again with free trade against the world.

The USA politicians, including Obama, Trump, and Clinton, believe that reducing Corporate Taxes will offset USA high labor costs to make USA products more competitive in the world and end the 500 billion yearly USA trade deficits.

I do not because the USA workers can ever compete with foreign laborers that are paid $200 a week when a US laborer has to pay $800 a month in rent alone. Add ever rising food costs, taxes Federal, State and local, higher medical cost deductibles, education, gasoline, transportation, etc. etc. and the math will never balance.

Even while high production automatic machinery will reduce production labor costs, it will not apply to all products and services unless the products are manufactured in very high quantities to offset the costs of the expensive machinery.

The Chicago Tribune on 9/29/2016

Kudos to an article that explains how in history, the USA was able to be labor price competitive and even monopolized the world by supplying the lowest costs products in the world. It has been said that we should learn from history, and indeed this article tells us exactly what to do.

Before I reveal it though, I ask you to read this Excerpt from a novel about what I surmised how King Solomon explained two seemingly conflicting wise sayings.  

Excerpt

“Solomon, I noticed you studied the writings closely before you solved the riddle. Why did you do that?”

“We have a saying. Sometimes you must gaze upon details for a time in order to better comprehend a problem.” I replied.

 “We also have a saying. Gaze not overmuch, and let thy vision be dimmed. It seems we have two contradictory sayings.”

“I do not believe so. My saying means that sometimes we need to study the details of a problem closely in order to find a solution. Your saying states that if you look at a problem too closely for too long, you may become distracted in meaningless details and fail to comprehend what is most important.” I replied.

What is the Problem Politicians Fail to Comprehend ?

The problem is that every year, because of inept USA trade negotiators, the USA has huge deficit trade balances. Yet the politicians still believe Free Trade is good for the USA economy. Politicians are so distracted by meaningless details they fail to comprehend which workers they are supposed to represent.

I believe this Excerpt explains the core reason of the misconceptions of the economic theory of free but failed theory,  and why our politicians who favor free but unfair trade agreements in spite of the fact that an ACCUMULATION OF NINE TRILLION DOLLARS OF TRADE DEFICITS HAS RESULTED SINCE THE 1987 NAFTA TRADE AGREEMENT AND SUBSEQUENT CHINA TRADE AGREEMENTS WERE FIRST SIGNED BY BILL CLINTON. 

In other words, the trade deals favor trade nations and their economies better than US worker and the USA Economy.    

So What is the Secret Solution?

Just read the following Excerpt explained about the current hit play ‘Hamilton,’ one of the founding fathers of the American Revolution. In my opinion, If we could just return to this method to reduce USA product costs we can again, same as in past history, become price competitive with world labor costs.

Hamilton wanted a modern economy, which included funding the national debt incurred during the Revolution. As to why that mattered, think in terms of an international credit score. In the play “Hamilton” when Jefferson says it doesn’t matter. Hamilton answers with a civics lesson from a slaver.

“Hey Neighbor/ Your debts are paid cuz you don’t pay for labor.”

There you have it, the dirty little secret finally center stage where it belongs-free trade has always kept the strangest company. The slave South wanted, no, depended on free trade.

So How Does This Relate?

The USA will never compete with low paid foreign labor until USA labor wages are reduced to the same wages as foreign labor, or if foreign labor wages are increased to US labor wages.

In my opinion, the only viable solution to balance USA trade deficits is what Warren Buffet proposed. HERE

Or, we can reinstate slave labor in the USA to compete with foreign labor wages..

Then again, some US workers being paid minimum wages and working two-part time jobs without benefits or future opportunity for advancement, consider themselves now to be slave laborers stocking shelves with foreign made manufactured products because their former livable wage manufacturing jobs were outsourced.

You decide.

King Solomon

The rich rules over the poor, And the borrower becomes the lender’s slave. (Proverb 22:7)

When you consider this proverb, consider who are the rich who rule over the poor in the USA. Then think of who borrowed the USA the current twenty trillion dollars to the USA National Debt and how it will be paid back to the borrowers.

If these questions interest you, read these two posts. HERE and HERE 

Regards and goodwill blogging.

 Sources

Chicago Tribune ‘A little rap ‘n’ rock on free trade by Douglas Bukowski.

As a Lily Among Thorns HERE

King Solomon, Nine Trillion Dollar Free Trade Folly, Post Seventeen

 

What went wrong with the economic theories of free trade? 

King Solomon, Rare Wealth, Fair Trade, Post Fourteen (Re-Post)

What would you agree to trade the riches (rare wealth) of our nation for?

King Solomon, Wealth, Covertness, Fairness Post One

I can’t get no satisfaction. 

Did you know the Metro Chicago’s median income rose 2.6% this year to $63,153?Why are people complaining about the economy? How much does a person need in order to be satisfied with a livable wage income?

King Solomon, Trump, Delta, Fair Trade Post Twelve (Re-Post)

What is the main question and argument supporters of free trade ask?