Interesting Analysis at The Conservative Treehouse. I’m posting only a small portion.
German Chancellor Angela Merkel delivered some rather strongly worded remarks in advance of the upcoming G20 summit in Hamburg Germany. Reuters frames the Merkel statements as a warning to U.S. President Donald Trump.
(Reuters) German Chancellor Angela Merkel promised to fight for free trade and press on with multilateral efforts to combat climate change at the G20 summit next week, challenging the “America First” policies of U.S. President Donald Trump.
In a defiant speech to parliament a week before she will host a summit of the world’s top economic powers in Hamburg, the northern port city where she was born, Merkel did not mention Trump by name but said global problems could not be solved with protectionism and isolation. (read more)
However, seeking control is a reaction to fear. Ms. Merkel, the EU, and the larger multinational global interests therein, fear Trump… and for good reason, he’s winning.
President Trump has put a jaw-dropping U.S. energy platform solidly into place. You can learn more about them HERE and HERE. The announcements last week are tectonic in consequence though seemingly lost amid the chafe of media reporting over twitter spats.
Everything President Trump’s team does is connected to a bigger, much bigger, picture than most people are paying attention to. However, those who control the levers of multinational power are paying very close attention.
At it’s core and central elements ‘America-First’ is about prosperity and national security through the utilization of leveraged economic power. For four decades, as he built out his empire of holdings, every-single-day at every-single-opportunity, Donald Trump voiced vociferous frustration that politicians were allowing the U.S. to be controlled, lessened, weakened and robbed by multinational economic interests.
The historic fact of Trump’s decades-long position must be understood in order to understand the severity, consequence, deliberateness and thoughtfulness of his corrective plan of action. You cannot overemphasize how strong these positions are. Inasmuch as you inherently care for the guardianship of your child, likewise does Donald Trump view the United States with such a disposition of care, concern and stewardship.
In Trump’s mind, failure in his goal to reestablish American economic power, economic strength and economic dominance is no more an option than a mother failing to grasp the hand of her child walking amid edge of a sheer cliff. It just is. It will be. There is no alternative. Period.
While the rest of the chattering class have overlooked it, President Trump, Rick Perry, Steven Mnuchin, Wilbur Ross, Robert Lighthizer, Ryan Zinke and Scott Pruitt have already moved America past “energy independence”.
Stop. Realize what that sentence says.
America has already passed the goal of “energy independence”.
We are now beyond the previously optimistic goal of energy independence. It’s only been 5 months.
We ran past the goal of energy independence so fast, that no-body seemingly noticed it. It’s like a race car lapping the traffic and now positioning for the lead of the pack again. As the crowd watches the race and positioning, the jostling, they seemingly missed, or forgot, the fact the Trump car was so fast it’s already a full lap ahead of the current cars and now back in the pack attempting to lead by two laps.
President Trump’s economic team is now selling energy as an economic export product.
Now, just stop for a moment and contemplate this.
Our national GDP has always been based on the fact we create energy products (oil, gas, coal, renewable etc.), but we have also needed to import energy (traditionally oil). The import aspect reduces the overall economic value of a fully functional GDP. We shipped dollars overseas to pay for energy. Those dollars come from your pocket (gas prices mostly).
The national security angle of this entire issue is transparent, ie. war for oil etc., and we have always been hostage to OPEC pricing, regardless of which political ideology was in power and the relationship therein. In short we’ve always been a customer. No-more.
Dakota Access is approved. Keystone is approved. Multiple new coastal oil refineries are coming on line (Louisiana, Texas), and we are exporting fuel and LNG (Liquified Natural Gas). Light-Sweet Crude is stable at low market value, and U.S. gas prices are at their lowest point in decades with even lower prices yet to come. Oh, and the coal business, driven mostly by export, is up over 7% in less than 3 months.
Hat Tip \robert_g