Maggie's Farm

We're finally coming out of 9 years of economic depression and capital flight under the Democrats and Obama. Not a surprise since under Obama the U.S. had the highest corporate tax rates in the world and he did his best to put manufacturing and energy sectors out of business for some pie-in-the-sky non-existent "new economy." We were in the worst economic situation since the Great Depression, and Obama's lasted longer.

The sad thing is China has now surpassed the U.S. economically and we are not going to be able to catch up with them given our out of control debt problem--Obama alone added more debt than all previous presidents combined and basically bankrupted us, to use government spending to mask the fact that the U.S. economy was declining precipitously. So we are still looking at very serious problems caused by his outrageous economic policies and we have to figure out an economic future which takes into account China now being number 1.

Unfortunately, we now have the Obama legacy all around us, crumbling and collapsing infrastructure, many parts of the country which look more and more like the Third World, cities that are more dangerous than places like Syria, large numbers of homeless again making the U.S. look like the Third World country it was becoming.

We still have some control in that we are still the reserve currency, but that is not going to last much longer and then our economic problems will really come home to roost. I am hoping that Trump will be able to undo some of the economic damage done by Obama, especially by taking a hard line on trade and negotiating deals more favorable to the U.S., but it is going to be interesting to see who blinks first, the new number one economy China, or the number 2 economy the U.S. If Trump can get the large numbers of American companies that left the U.S. for foreign countries to come back and repatriate a lot of the capital that has fled the country, and then start working on rebuilding our economic base, that also would be good. But I still don't see how we can possibly catch up with China, and they are controlling more and more, not just worldwide but also in the United States. Just as an example, the largest law firm in my city through merger is now Chinese ("Dentons," which actually is a Western front name for the Beijing firm Dacheng), so the future is looking pretty clear, at least where I operate.

You are truly clueless.

https://www.cbsnews.com/video/china-surpasses-u-s-as-worlds-largest-economy/

There are none so blind as those who will not see.

Hot off the press:

https://www.youtube.com/watch?v=O33VVosYcmQ

再见 !

The New China:

https://www.youtube.com/watch?v=ekDzlSB1p28&feature=share

Protestors illegally blocking traffic and attacking motorists has potentially fatal results, as we saw in the Charlottesville fatality. Sadly, sometimes it isn't the active perpetrators (Antifa in Charlottesville) but others who just happen to be part of the crowd. Who can say what would have happened if the demonstrators hadn't blocked traffic on 4th street and then attacked the Dodge Challenger with poles before it lost control and crashed into the crowd and stopped cars.