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Trump at G7 Summit: The days of the U. S. being world’s “piggy bank” are over

Trump at G7 Summit: The days of the U. S. being world’s “piggy bank” are over

Trump used Singapore to “walk away from the table” and plans to make a better deal on our tepid allies.

https://www.youtube.com/watch?v=8hN_I_tyXqc

There have been many intriguing reports coming from the Group of Seven (G7) economic summit that was held in the Quebec city of Charlevoix

Perhaps my favorite was when President Donald Trump explained the new New World Order, in which the United States was no longer going to be the world’s piggy bank.

Trump said he didn’t blame the other leaders for what he saw as an unbalanced trade relationship which hurts the U.S.

“People can’t charge us 270 percent and we charge them nothing, that doesn’t work anymore,” he said.

He said he believes other countries are now more committed to a fairer trade relationship.

“I don’t blame them, I blame our leaders,” he said. “In fact, I congratulate leaders of other leaders for so crazily being able to make those trade deals that were so good for their country and bad for the United States.”

But he promised an end to the situation, and even warned of penalties for countries that do not remove trade barriers. He also said that the North American Free Trade Agreement could either be renegotiated, split up into separate trade deals, or the U.S. could pull out entirely.

“We are like the piggy bank that everybody is robbing,” he said. “And that ends.”

Now, I will admit to purloining a few dollars from my son’s piggy bank. However, unlike our trading partners, I return the money or supply a good or service he wants that adequately compensates for the money I took.

Essentially, President Trump simply wants the same fairness. In fact, he even offered a “no tariff” deal on his way out the door to his Singapore meeting with Kim Jong Un of North Korea, leaving the remaining 67 leaders scrambling on how to respond to his America First platform.

“No tariffs, no barriers. That’s the way it should be. And no subsidies. I even said, ‘no tariffs,’” Trump insisted.

“We had extremely productive discussions on the need to have fair and reciprocal” trade, he said.

“We want and expect other nations to provide fair market access to American exports and that we will take whatever steps are necessary to [protect] industry and workers from unfair practices, of which there are many. But we’re getting them worked out, slowly but surely.”

The annual G7 joint communique is usually almost in final form before the leaders meet for the summit, but this year officials were still negotiating behind closed doors as Trump left. The final product was rejected soundly by the President, tweeting his disdain for the finalized version from Air Force One.

West Virginia pundit Don Surber crunched the numbers, proving G7 is actually G1 and 6 dwarfs.

The annual GDPs by country are Canada ($1.8 trillion), France ($2.9 trillion), Germany ($4.2 trillion), Italy ($2.2 trillion), Japan ($5.2 trillion), the United Kingdom ($2.9 trillion), and the United States ($20.4 trillion).

The other six have a combined annual economic output of $19.2 trillion.

The United States alone is $20.4 trillion.

Their combined populations are 439 million people.

Ours is 326 million.

We do more with three-fourths the population.

So, it appears that Trump used Singapore to “walk away from the table” and plans to make a better deal on our tepid allies.

The drama at the summit also included a recommendation from President Trump that Russia be reinstated as a member of the economic group and a handshake duel between Trump and when French President Emmanuel Macron.

I would like to point out that America’s economic growth for second quarter is on track to double 2017’s full-year pace, and that the Atlanta Fed is forecasting 4.6 percent GDP growth for the second quarter. Trump wants to bring that prosperity to everyone, including the other G7 countries. Perhaps they should consider his deal instead of trying to mold him into a Bush or Obama clone.

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Comments

G7 leaders are used to feckless little pussies that roll over and beg for them to like them in the name of ‘cooperation’.

Like Trudeau they’re used to giving little bullshit speeches about how tariffs are bad while imposing ridiculous tariffs that make US products unable to compete.

Also unlike the Democrats they have literally NO IDEA how to deal with somebody that actually isn’t afraid to call them out on their bullshit.

I’ve seen little metrosexual beta males pull this stunt – in a private metting they nod along with you and save their disaggreemrnt for public gossip and whisper campaigns afterwards.

Because they knew voicing their disagreement to your face wouldn’t fly,for whatever reason.

Justin Trudeau played a bitch move, and Trump made him pay for it.

Bonus points: the little man is revealed to have fake eyebrows glued on to his head. Who does that?! What a total fraud.

End of clip has close-up of his left eyebrow sliding off.

https://youtu.be/tknWlxShjak

    Whitewall in reply to Fen. | June 10, 2018 at 2:40 pm

    Oh my gosh! You’re right about his eyebrows. Not enough time in wardrobe and make up? Eyebrow pencil would have been better than pasties. What a femboy!

    Fen..

    So why would J Trudeau be wearing a eyebrow toupee???

    My guess is…he suffered some kind of tragic waxing mishap!

      Whitewall in reply to tgrondo. | June 10, 2018 at 3:40 pm

      A bit high up for a ‘Brazilian’?

        Well, Whitewall….
        I’ve heard J Tru always goes for the “Triple Brazilian”!
        That’s brow, butt and bikini line….

        (according to the latest issue of waxing monthly)

      Fen in reply to tgrondo. | June 10, 2018 at 4:00 pm

      “So why would J Trudeau be wearing a eyebrow toupee???”

      Because he’s a puppet.

      Did I miss a memo? When did this become a thing? I don’t even use facial moisturizers or hair conditiioers.

      Oh BTW, if you ever run out of soap, Palmolive Dishwashing Soap is a miracle cleaner. I’ll probably start glowing in 5 years but it gets you super clean.

    WTF???

    IS TRUDEAU THE NEW GROUCHO MARX?

…and a handshake duel between Trump and when French President Emmanuel Macron.

So, where’s the picture of Macron’s hand? Wouldn’t it be more honest for the Press to include both pictures?

Yeah, I know. I used the words “honest” and “Press” in the same sentence.

    This was round 2 of, “Handshake Havoc!”

    Trump, “The Bully” won the first round cause he caught the French Prez unaware…
    Macron,”The Masher” won the second round cause…He left a mark!

    I’m looking forward to round three…”The Rubber Match”!
    Of course, that will be on pay-per view only…

    The fact that the news media has made this a story shows how desperate they are to make Pres Trump look bad…
    A photo represents a small slice of time…the blink of an eye. To freeze that moment and pretend it means something is beyond dishonest…it’s moronic!

    DINORightMarie in reply to rinardman. | June 10, 2018 at 5:39 pm

    There is a video of them shaking hands where Macron is very strongly shaking, then he puts the other hand over (the holding-hands or double-hand shake), then eventually he lets go of Trump’s hand. It’s like he was playing a little game of “Trump will flinch when I squeeze his hand off….what fun!” only to fund that Trump didn’t show at all what Macron was doing. Trump just paid him a complement, too, and called Macron his “friend”…..so Macron was definitely trying to assert himself…… Check the :16 mark: https://www.youtube.com/watch?v=C5l56w7BrwU

    In other words, Macron played “chicken” with Trump and LOST, miserably.

    Trump never flinched. And, honestly, Macron looks like he is playing a good game. But….Trump won the handshake. 😉

    It’s like these guys don’t realize he has been doing this ALL.HIS.LIFE. He is not a novice, just because he never held political office. These EU (and British) leaders seem to believe the press….to their shame and embarrassment.

    Notice they didn’t print the impression of Donald Trump’s footprint on Merkel’ fat ass.

healthguyfsu | June 10, 2018 at 2:49 pm

A minor skin condition called dermatographia can cause your skin to change color temporarily in response to even modest pressure. There are more severe cases with swelling and longer lasting distortions.

In short, this is another stale nothingburger.

Macron must have had one of those handshake buzzer things you used to be able to order from the ads in comic books … and he couldn’t get it to work.

“The annual GDPs by country are Canada ($1.8 trillion), France ($2.9 trillion), Germany ($4.2 trillion), Italy ($2.2 trillion), Japan ($5.2 trillion), the United Kingdom ($2.9 trillion), and the United States ($20.4 trillion).

The other six have a combined annual economic output of $19.2 trillion.

The United States alone is $20.4 trillion.

…a recommendation from President Trump that Russia be reinstated as a member of the economic group”

For those curious about the shape of that puzzle piece, Russia’s GDP is $ 1.3 trillion.

#Winning.

    YellowGrifterInChief in reply to Othniel. | June 10, 2018 at 4:56 pm

    What exactly did we win? Even Trump can’t tell you that. He left the meeting claiming that the G7 had agreed on something. By the time he landed in Singapore he denounced it.

      We’re prepping the battle space while your side “plays for annihilation” (ie. In Chess: try to get one up and then make equal trades).

      It’s easy to set up the winning moves without the other side understanding they are already doomed.

      That’s what happened today.

      Mate in 5. I know, you don’t see it. And you won’t until, for all intents and purposes, the game is already over.

      “Even Trump can’t tell you that.”

      He keeps telling us every day. You don’t like the winning as you are diametrically opposed to everything American.

YellowGrifterInChief | June 10, 2018 at 4:47 pm

Without bothering to audit those numbers, they still add up to an economic force equal to the US and they all detest Trump. If you wish to spin that into a #win, there is no sense in arguing. Just drink some more of the Kool-Aid before the next election. The rational people need a rational leader.

I can’t wait until you spin the ‘Summit’ with our new best bud Kim Jung Un. Let me guess, Kim will not de-nuclearize, but somehow it will still be a great #win for Trump (maybe not the US of A)

    yes but look how GDP is calculated.

    GDP = private consumption + gross investment + government investment + government spending + (exports – imports)

    Subtract from their Exports the goods we Import and you will see that the difference is much greater. Their GDP is built upon the trade imbalance caused by their protectionist markets. make trade equal and their GDP will drop by 1/3.

    Wow. You’re life must be hell right now. Watching Trump go from success to success when you’re idols all crashed and burned.

    Trump will either succeed at Singapore or not. Whatever happens, the US will always be able to defend against and make uncomfortable places (one of the few left) that are hellholes for their people and a drag on the rest of the world.

    But you keep snarking and sniping while we’ll keep winning.

      YellowGrifterInChief in reply to jakee308. | June 10, 2018 at 5:38 pm

      Yes, alienating our allies is winning.

      Life could be hell, if I only cared about a narcissistic grifter leading a bunch of lemmings off of a cliff. I expect that after enough lemmings have jumped we will return to sanity.

    amatuerwrangler in reply to YellowGrifterInChief. | June 10, 2018 at 5:17 pm

    You may be laboring under a false assumption… The show always ends with the clowns getting out of the clown-car. Don’t bet the ranch on those six sticking together once things heat up.

      YellowGrifterInChief in reply to amatuerwrangler. | June 10, 2018 at 5:43 pm

      1st of all, not all shows end the same way.

      2nd, you are making a prediction. Why don’t you wait until after Trump has actually won a trade war or even a battle before doing a victory dance?

      3rd, maybe you are wise to take a victory lap now. Later you may not feel like it.

        He already has won, he brought the sunshine in to what is happening on the international markets. If nothing else it will force the unions other political groups to take a good hard look at how the American workers are getting screwed all in the name of big business and international corporations.

        Do you really think labor is cheaper in Canada than it is in the USA? Think about this, costs for costs everything is equal between the USA and Canada. If anything Canada is actually more expensive to manufacture there. And Canada does not have a made in Canada steel and aluminum industry.

        Canada simply has made an economy out of using loopholes in NAFTA.

        The grifter is a losing whiner, paid to spread a loosing message.

        2nd, you are making a prediction. Why don’t you wait until after Trump has actually won a trade war or even a battle before doing a victory dance?

        3rd, maybe you are wise to take a victory lap now. Later you may not feel like it.

        YGnC, you seem to be predicting defeat before the battle is over…
        Maybe you should take your own advice and wait to see how this all turns out…(or are you a swami?)

That hard hand squeeze is a dick move made by bullies thinking that somehow hand strength is an indicator of masculinity.

It’s a dick move because normal people aren’t usually ready for it and can’t get out of it.

It also could be makeup on Trump’s hand.

As for the eyebrow toupes, Trudeau looks like tranny without those bushy french eyebrows. So it’s obvious why he wears them.

He’s now officially a Canadian laughing stock. Soon to be unelected.

In the words of Obama’s Under Secretary of State Victoria Nuland: F*CK Merkel.

Remember when the press thought that funny? HollowObamaJesus.

DINORightMarie | June 10, 2018 at 5:56 pm

If the information Trump keeps quoting is correct (and I have no reason to believe it isn’t) then he is playing the right game!

Economically, the EU nations and Canada don’t have a leg to stand on, because trade between the US and these countries IS imbalanced. The US has never taken them to the WTO to challenge it because we’ve had wimpy Keynesian economics-loving leaders for the last several DECADES who buy into this “everything is so UNFAIR with the US making all that money, using all that energy, etc. etc. etc.” and they bought into the LIE that we need to have this imbalance, to prop up their economies, to “level the playing field.”

I would bet that ALL of their national budgets have several line items that depend HEAVILY on that US money…..and they are afraid their national econ structures will collapse if Trump doesn’t go along with the status quo.

Trump got elected to STOP that status quo. And these leaders, apparently believing what the media is feeding their minds, think they can push Trump over. Wrong. He is playing the “art of the deal” and apparently they are scared.

That picture of Merkel that everyone is touting? She looks SCARED. Macron is talking, apparently with Bolton, and she looks DESPERATE. Germany’s economy has been boosted by US funds in one way or another since the end of WWII and they DEPEND on that cash cow being there. Trump is playing hard ball with them.

As anyone who has read my comments knows, I was not a Trump supporter, but Trump is doing exactly what he said he would do. And I personally LOVE that he is succeeding in undoing so much bad the past POTUSs and DC career pols have done to us! I support him in this, and see his long game; I like what I see so far.

As for Trudeau’s eyebrows……heh. He is weak, and as @Fen said it is a “bitch move” that he said one thing in private and another when he was safely away from Trump.

I would love to see them all cave……but will they? Stay tuned.

    “…but will they?”

    Eventually, yes. They have no choice. They’ll play some politics with their proggy supporters for a bit, but eventually they’ll decide true free trade is better than no trade, since no trade will destroy their bankrupt economies quickly.

    stevewhitemd in reply to DINORightMarie. | June 10, 2018 at 10:37 pm

    In agreement with you on the economics. One small point to add: consider that the EU economic health not only requires the unbalanced trade but ALSO requires the U.S. to spend the bulk of funds dedicated to defending Europe. In the 1950s that was understandable. Today? Not one of the major EU countries spends 2% of GDP on defense, and several (Germany) spend way less.

    Require the Y’urp-peons to spend adequately on their own defense and watch what happens to their economics. They’d collapse, they can’t do it.

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