(#5944) The tariff scam was all about market manipulation

      When you elect a conman to run the government don't be surprised when he grifts the hell out of it. His fear tactics and bullying have paid off for him. He got a whole lot of people to sell their shares in tariff raising sectors in order to capitalize off the sales. Buying cheap and selling expensive is how to make easy boat loads of money off the market. Especially when you are the one manipulating the actions that make things volatile. The big scare with China tariffs, once threatened as high as 245% did the worst damage since we Americans import from China numerous amounts of inexpensive items.
     Well now the threats have been put away and the stock market is recovering so the low buy is now paying off in higher value for those once threatened stocks. I am no stock market aficionado but I can see a scam when it appears. For one thing claiming tariffs are a good thing for a country that will not manufacture the lower priced items makes no sense. Secondly tariffs are never paid for by the exporting country. The added price is for the importing consumers which is us. So his big boogeyman ploy should have been scoffed at in the beginning but there are so many who take his word for gospel when all he does in reality is mislead and lie.
     Anyway, trump and his cohorts have made a bundle and will keep making more bundles of money because once a grifter always a grifter especially when no one will hold him accountable. If our democracy somehow survives we will have to recover from from this massive theft to not only our resources but to our ability to ever trust again. Politics is about helping people, it is not about grifting in order to help the politician. If we the people are not able to somehow recapture our ability to hold law breakers to account then the robber barons will not stop until they have bled our nation dry of not only our treasure but of our will to fight for our rights as human beings.