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About bigwave

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    Senior Member

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  • Location
    Northern California
  • Interests
    Helping people, tuna fishing and diving.

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  1. Leverage – EU Pledges Increased U.S. Investment in Effort to Avoid U.S. Auto Tariffs…
  2. EU Begins Accepting Serious Consequences From U.S. Economic and Trade Position… Posted on November 11, 2019 by sundance The major industrial economies of the European Union (U.K., France, Germany) have been the beneficiaries of a decades-long system which allowed one-sided benefits -via tariffs- against U.S. products. With President Trump demanding reciprocity, and with less industrial purchasing from China, the EU is now starting to contemplate a dramatically different economic future. I think it is safe to say the majority of American voters have no idea how deeply the global economy is dependent on systems of trade that are based on the U.S. trade deficits. The $500+ billion annual trade deficit the U.S. was running with China was the primary vault Beijing used to purchase industrial goods from the EU. With President Trump reversing the outflow of dollars into China, the EU economy has been hit hard. Simultaneously, President Trump has begun the process of confronting EU tariffs against U.S. products that have existed since the 1948 Marshall Plan was enacted. Under the Trump administration USTR Robert Lighthizer and Commerce Secretary Wilbur Ross have put the EU on notice that U.S. trade agreements will no longer accept the one-sided benefit; the current U.S. position is reciprocity without compromise. Against both standards of diminished Asian purchases and diminished protectionism for their collective economy, the EU is entering into a phase of severe economic consequence. The social spending within the EU is heavily reliant on their ability to capture U.S. wealth through exports (China) and trade tariffs against the U.S. As the EU central bank is starting to realize, a diminished influx of money into their system will likely have significant consequences that extends far beyond the simple lost revenue from global industrial purchases. Combine that financial reality with a significant loss in revenue from the U.K. via Brexit; and then overlay the generous social payments to the mass influx of migrants; and you can see a storm cloud appearing that seems unavoidable. NATO General Secretary Jens Stoltenberg is coming to the White House this week, and we can be sure his visit is directly related to this EU reality. Interesting times…
  3. Here in N. CA it will be about 78 no wind and no rain. Since the weather is sooo good here the Goberment can get away with charging outrageously high taxes. If moving was easy I would have been gone a long time ago and put up with some weather. LOL
  4. “We Did It!” – Cop-Hating Socialist and Son of Weather Underground Terrorists Chesa Boudin Celebrates His Victory in San Francisco DA Race
  5. Chesa Boudin, son of jailed Weathermen radicals, is new San Francisco DA Candidate supported by Bernie Sanders declares victory Parents Kathy Boudin and David Gilbert were jailed in 1981 Kathy Boudin and her husband, members of the Weather Underground, were sent to prison for their role in an armed heist in New York in 1981. Photograph: HANDSCHUH/AP
  6. Trump Has Fired, Demoted, or Suspended over 8,000 Veterans Affairs Employees Since Taking Office
  7. People can do what I did to get out of the lowest class "poor" by going to school and getting a better job. Pretty simple if you ask me. People that are poor are poor because they want to be otherwise they would go to school and/or get a trade that pays well. Heck, I worked 6 days a week driving for Ralston-Purina and went to night school just to get my prerequisites for my graduate studies. And why on heavens earth should I have to pay more in taxes because I did good?
  8. STANDING OVATION: Trump Cheered at LSU-Alabama Game, Crowd Chants “USA! USA!” (VIDEO)
  9. Three Years Since 2016 Election – DOW Reaches 111th All-Time High – Markets Up More than 50% – Largest Increase in History!
  10. MAGAnomics – Weekly Jobless Claims Drop 8,000 – Main Street Employment Remains Very Strong… Posted on November 7, 2019 by sundance Unemployment claims dropped by 8,000 last week showcasing a very strong job market for all sectors of employment. The U.S. Dept of Labor Report shows continued strong jobs growth surprising most economic pundits.
  11. No - It's Thursday and I reserve Thursdays for my comic tryout. I figure if I can get 10 funny ones in a row I could go on stage and quit my day job! LOL I just need the 1st one to get the count started...
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