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Tariffs Are a Conservative Value
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  1. George says:

    OK but the Euros say they are going to put tariffs on our bourbon, Harleys and recreational boats. But I guess the newly well paid American workers will buy the stuff the Euros no longer buy. Hey I have an idea, why not pull out of all those crazy wars and use the money saved to buy bourbon, Harleys and recreational boats.

    • Replies: @Weaver1
  2. FKA Max says: • Website

    Peter Schiff did a great podcast on the subject, highly recommended:

    Ep. 334: America Can’t Win a Trade War

    P.s. for the moderators:

    The “Recent Comments on this Channel” section of the sidebar does not seem to update. The last comment featured/displayed by commenter Tiny Duck is from about three weeks ago:

    Thank you.

    • Replies: @Weaver1
  3. Tariffs? They have the ability to protect & build local economy. In Japan they pay way too much for rice. Cheap rice is available from the US. Japan has very high tariffs in that they want to protect rice production in Japan; they always want this food staple to be part of Japan’s economy. Not to give up on rice production and be dependent on other countries -smart.

    Tariffs should always have some balance -whereas now with aluminum and steel – what are other countires tariffs on US goods now and before?

    Even better as a afirst step before tariffs -require everything the US military uses/touches to be made in the US -a shirt button on a uniform, the led tv in ship rec center, a circuit board for an air control tower and of course all serious weaponary. US military budget would influence manufacturing better than tarriffs. The benefit jobs and core needed industry. Further the core industries for military might remain here, just like rice production remains in Japan.

    • Replies: @Weaver1
  4. Weaver1 says:

    Obviously RamzPaul and most trade protectionists oppose the US empire.

    The US empire is sustained in part by bad trade deals with India, S. Korea, Japan, and Europe. America essentially uses bribery for influence.

    How to end the empire? Protect trade.

    If the US were to truly put America first, we’d hit Germany, Japan, and China so hard with trade protections that they’d be sent into a recession. As Pat Buchanan recently wrote, even Lexus would move factories to the US if enticed with tariffs.

    No more wars, open borders, central banking, and bad trade for the empire.

  5. Weaver1 says:
    @FKA Max

    The US has been in a trade war for years; it’s just been on the side against Americans.

    The US can easily win any trade war, because access to the US market is so desperately wanted. Raise tariffs –> Investment capital floods in, if the tariffs are high enough.

    American welfare for the rest of the world via bad trade needs to end. If you want money, work for it. Don’t take America’s wealth.

    Trade tariffs also create barriers, which hinder global elites.

    While it is true that trade tariffs tend to involve special interests and corruption, such can be circumvented by making tariffs flat. Also, the current trade policy America has (which is wrongly labeled free trade) involves special interests and corruption.

    One advantage of protectionism is it rewards a better elite, a better class of fat cats (those whose fortunes are tied to the US). If there’s going to be corruption anyway, then one should embrace the more America-friendly corruption.

    • Replies: @Anonymous
    , @FKA Max
  6. Weaver1 says:

    Wonderful reply. A negative of the government meddling in any way in trade is it tends to reward big business at the expense of small. Small businesses tend to be more conservative, more difficult for evil elites to manipulate.

    Also, there tends to be [legal] corruption/special interests.

    As you say, balance is the important word. I fear Japan’s political elite cares more for the Japanese than does America’s elite for Americans. So, while I believe in trade protections, I also acknowledge we’re asking demons to serve in our interests.

    As such, flat tariffs are best for the US.

    Given an opportunity, US politicians will always choose donors over Americans. Politicians also seem to generally dislike America and Americans in general. So, while government involvement is necessary, America needs to acknowledge its limitations.

  7. Anonymous • Disclaimer says:

    Remind me to never debate Peter Shiff

    • Replies: @Weaver1
  8. FKA Max says: • Website

    The US can easily win any trade war, because access to the US market is so desperately wanted.

    I don’t think this is the case anymore. I wrote about this here:

    The U.S.’s share of the global economy used to be 40%, but these days it is only around 20%. Trump has a lot less economic negotiating and threatening power than former U.S. presidents.

    Trump is stuck in the 1960s, it seems.

    Many U.S. companies, like Apple for example, earn the majority of their money outside of the U.S. these days:

    Non-U.S. share of Apple’s revenue from 1st quarter 2006 to 1st quarter 2018

    This statistic shows the share of Apple’s revenue that was generated outside of the United States from the first quarter of 2006 to the latest fiscal quarter. In the first quarter of 2018, Apple generated 65 percent of its revenue outside the U.S.

    S&P 500 companies generate barely over half their revenue at home


    These tariffs sealed the deal, unfortunately, that the Donald is going to be a one-term president, in my opinion. I was a huge supporter of his, but he shot himself in the foot BIG LEAGUE with this tariff decision/policy.

    Tariffs don’t drain the swamp. Tariffs ARE the swamp. They come from special pleaders. I’m still amazed so few people are noting that Wilbur Ross is a former steel honcho, who just wangled a huge handout for his steel buddies.

    • Replies: @Weaver1
  9. Weaver1 says:
    @FKA Max

    Access to the US market is nevertheless wanted.

    Focus on this: The US wants investment capital. How is it to obtain investment capital?

    Tariffs/other trade protections (like border adjusted VAT or BTT) are the best option I’m aware of.

    While tariffs are “the swamp” in a sense, they can become less swampy by making them flat.

    Also, some swamps are better than other swamps.

    Tariffs are the best thing Trump has done. Also, others have moved on tariffs, though the media doesn’t report on it. Much of politics is theatre. Example: When Obama attacked Yemen, it wasn’t reported, so politically it didn’t happen.

    Were Obama acting on trade today, it wouldn’t create such drama, because the media wouldn’t report on it. Ergo, it wouldn’t have happened in political theatre.

  10. That’s an amazing quote from Marx. Some things never change. Occidental observer has an article up about author David Rushkoff who has this to say:

    The thing that makes Judaism dangerous to everybody, to every race, to every nation, to every idea, is that we smash things that aren’t true, we don’t believe in the boundaries of nation-state, we don’t believe in the ideas of these individual gods that protect individual groups of people; these are all artificial constructions and Judaism really teaches us how to see that. In a sense our detractors have us right, in that we are a corrosive force, we’re breaking down the false gods of all nations and all people because they’re not real and that’s very upsetting to people.

  11. Weaver1 says:

    Schiff is right in wanting an across the board tariff. I also want this. He’s also correct that the poor would be hit by a tariff (he sort of mentions this in the history of the income tax), but the poor would also benefit from the increased wages. Reducing immigration/guestworkers would also be positive in boosting wages. Additionally, small businesses (which would benefit from Schiff’s reduction in regulations) are anti-socialism.

    I dislike how Schiff praises America’s movie-making ability. I do not want America exporting our destructive left-wing movie culture.

    Trade tariffs are the right approach. Schiff is right about 90% of what he says, but tariffs are the correct approach. If taxes are to be cut, then spending needs to be cut. I’d like for the “defence” industry to be cut by 90%, for starters. Something has to be cut, and Americans won’t give up their welfare state so readily.

    If you listen to Schiff, Paul Craig Roberts, Peter Gemma, Pat Buchanan or most any other Paleo: They all sound *very* similar. And I’m not sure they even realise how similar they sound. They are all correct about most things. They also repeat the same arguments, which gets boring. (RamzPaul (like Steve Sailer) doesn’t repeat.)

    So, Schiff fans need to realise that the protectionists, like myself, agree with him on most things. Schiff’s recording is admittedly better than I’d expected.

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