The Tarriff Hype.

Dixie Cup

Senate Member
Sep 16, 2006
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So you're all "Drill Baby Drill" and who gives a fuck about the consequences after?
Exactly what "consequences" do you expect? Technology has made it much better environmentally to "drill baby drill" so we should take advantage & as more technology becomes available, it'll be easier & easier to ensure the environment is protected.
 
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Taxslave2

House Member
Aug 13, 2022
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So you're all "Drill Baby Drill" and who gives a fuck about the consequences after?
The consequences of not exporting Fossil fuel products are much more severe and quicker. Also it pays your welfare, and a good portion of your paycheque as well.
Ever notice the oil spitters never complain about drilling off the East coast?
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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…& yet…Trump has not only saved the Liberals from political oblivion, but has potentially put them back in the position to form another coalition government to lead Canada away from governance to clean up after a decade of Liberal mismanagement.
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This isn’t even this weeks aggregate projection either, as this weeks won’t come out for a couple hours, unless it gets bounced due to the Liberal Leadership Show that will “chose” Carney.
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I wouldn’t have believed this less than two months ago.
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Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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Trump’s recognition of the turbulence in the U.S. economy was a reversal from previous cheering that his policies would deliver quick victories to voters and businesses, and it stood in contrast to reassurances from his own advisers Sunday that no recession was in sight. Trump also downplayed the dropping stock market despite years in which he claimed credit for its rise, saying in the Fox News interview that “you have to do what’s right” even if markets don’t like it.😯
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The recognition of the economic disruption was notable given that Trump swept into office in part because of voter discontent about years of inflation under President Joe Biden. But that inflation slowed in Biden’s final year in office, and most economists say that Trump inherited a fairly strong and stable economy.
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Serryah

Hall of Fame Member
Dec 3, 2008
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The consequences of not exporting Fossil fuel products are much more severe and quicker. Also it pays your welfare, and a good portion of your paycheque as well.

My welfare? My paycheck? News to me, I thought I was one of those damned "My taxes pay your salary!" types.

Ever notice the oil spitters never complain about drilling off the East coast?

Do you mean the Oil Companies or Environmentalists?



They don't complain maybe where you might hear it, but they do complain. Even I've heard that (considering I live here and all)
 

Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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Anywho…Trump & tariffs. U.S. tariffs on Canadian dairy and lumber may not arrive until next month, according to interviews President Donald Trump and his top commerce official gave to media outlets this weekend.

Trump threatened Friday he may hit Canadian lumber and dairy with "reciprocal" tariffs, which he said could come within days.
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U.S. Commerce Secretary Howard Lutnick told NBC's “Meet the Press” on Sunday that the tariffs on Canadian dairy and lumber will wait until April.

Lutnick said 25 per cent tariffs on steel and aluminum imports will take effect Wednesday as scheduled, which the White House has said would stack on top of the other duties imposed on Canada.
Meanwhile…the US has rejected a Canadian proposal to establish a task force that would tackle Russia’s so-called shadow fleet of oil tankers, as the Trump administration re-evaluates its positions across multilateral organizations, according to people familiar with the matter.😉

Canada, which holds this year’s revolving G-7 presidency, will host a summit of foreign ministers in Charlevoix, Québec, next week. In negotiations to formulate a joint statement on maritime issues, the US is pushing to strengthen language around China while watering down wording on Russia,😳 said the people, who asked not to be identified discussing sensitive matters that aren’t public.

(The term “shadow fleet” is used to refer to aging oil tankers concealed to overcome Western sanctions imposed on Moscow since it launched a full-scale invasion of Ukraine in 2022. Read more: How an Aging Armada and Mystery Traders Keep Russian Oil Afloat)

As well as vetoing Canada’s proposal to establish a task force to monitor for sanction breaches, the draft G-7 statement seen by Bloomberg News shows the US pushed to remove the word “sanctions,” as well as wording citing Russia’s “ability to maintain its war” in Ukraine by replacing it with “earn revenue.”🤥

Anyone within an opinion different than this can potentially be looking at 25% tariffs…maybe…then maybe not, then maybe, but they may not, maybe.🙄

Still, relations between the US and other Western powers have frayed significantly. Last month, for example, allies were unable to publish a joint statement to mark the third anniversary of Russia’s full-scale invasion of Ukraine — something they’d done the previous two years — after the US opposed strong condemnation of Russia.
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Ron in Regina

"Voice of the West" Party
Apr 9, 2008
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So…Wednesday…two days from now…Trump is still threatening Aluminum & Steel tariffs, ‘cuz….Trump…& make America great again…in his war on everyone.
(YouTube & Australia to be ‘hit’ with trade tariffs as Trump makes America ‘great again’)

The view from Australians trying to figure out what the hell’s going on…
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
59,523
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So…Wednesday…two days from now…Trump is still threatening Aluminum & Steel tariffs, ‘cuz….Trump…& make America great again…in his war on everyone.
(YouTube & Australia to be ‘hit’ with trade tariffs as Trump makes America ‘great again’)

The view from Australians trying to figure out what the hell’s going on…
Trump is lashing out at people who don't like him.

In other words, everybody who isn't an inbred illiterate opioid addict on a fraudulent disability pension.
 

petros

The Central Scrutinizer
Nov 21, 2008
115,466
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Low Earth Orbit
So…Wednesday…two days from now…Trump is still threatening Aluminum & Steel tariffs, ‘cuz….Trump…& make America great again…in his war on everyone.
(YouTube & Australia to be ‘hit’ with trade tariffs as Trump makes America ‘great again’)

The view from Australians trying to figure out what the hell’s going on…
Cuz Aussies are de facto NATO members that back the EU who are backing Zelenskyy.
 

Taxslave2

House Member
Aug 13, 2022
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I'm beginning to think Trump has a roulette wheel with a bunch of stupid shit posted on it, and spins it every morning. The note that comes up is the plan of the day.
I fully support his idea of bringing manufacturing back to North America, since Canada has faced sharp declines in decent jobs as well. But when you are a trading nation, pissing off all your trade partners is not the best way to make it happen.
 

petros

The Central Scrutinizer
Nov 21, 2008
115,466
13,650
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Low Earth Orbit
I'm beginning to think Trump has a roulette wheel with a bunch of stupid shit posted on it, and spins it every morning. The note that comes up is the plan of the day.
I fully support his idea of bringing manufacturing back to North America, since Canada has faced sharp declines in decent jobs as well. But when you are a trading nation, pissing off all your trade partners is not the best way to make it happen.
Do you understand the concept of "burning money"?

Money burning is thus equivalent to gifting the money back to the central bank (or other money issuing authority). If the economy is at full employment equilibrium, shrinking the money supply causes deflation (or decreases the rate of inflation), increasing the real value of the money left in circulation.