#Trump at the #WorldEconomicForum in #Davos
#Oil, #Deregulation, #ClimateCrisis
"My administration has also begun the largest deregulation campaign in history."
"I terminated the ridiculous & incredibly wasteful Green New Deal. I call it the Green New Scam, withdrew from the one-sided #ParisClimateAccord, & ended the insane & costly #ElectricVehicle mandate."
"The US has the largest amount of oil & gas of any country on Earth, & we're going to use it."
"We're going to let people buy the cars they want to buy."
"I'm also going to ask #SaudiArabia & #OPEC to bring down the cost of #oil, you've got to bring it down."
"If the price came down the #Russia - #Ukraine war would end immediately."
"With oil prices going down, I'll demand that interest rates drop immediately, & likewise they should be dropping all over the world."
– #Trump
#ClimateCrisis #FossilFuels
#WEF #economy #GlobalEconomy #geopolitics #USpol
"My message to every #business in the world is very simple, come make your product in America & we will give you among the lowest #taxes of any nation on earth."
"If you don't make your product in America, which is your prerogative, then very simply you will have to pay a #tariff. Differing amounts. But a tariff which will direct hundreds of billions of dollars & even trillions of dollars into our treasury to strengthen our #economy & pay down #debt."
"Our majorities in the #House & #Senate, which we also took along with the presidency, are going to pass the largest #tax cut in American history [for #corporations & #wealthy], including massive tax cuts for workers & family [false] & big tax cuts for domestic producers & manufacturers. And we're working with the Democrats on getting an extension of the original #Trump tax cuts."
"I've deployed active duty US #military & #NationalGuard troops to the #border to assist in repelling the *invasion*. It was really an invasion. We will not allow our territory to be violated after 4 long years."
"Before even taking office, my team negotiated a ceasefire agreement in the #MiddleEast, which wouldn't have happened without us."
"Our efforts to secure a peace settlement between #Russia & #Ukraine are now, hopefully, underway…."
– #Trump
#Trump spoke at length about his call w/ #SaudiArabia’s Mohammed bin Salman. #MBS told Trump that he plans to invest $600B over the next 4 years.
“I’ll be asking the crown prince, who’s a fantastic guy, to round it out to around 1 trillion. I think they’ll do that because we’ve been very good to them.”
During Q&A, Stephen Schwarzman, the Chair, CEO & CoFounder of Blackstone Group began by saying, “I'm sure the crown prince of Saudi Arabia will be really glad you gave this speech today.”
Schwarzman asked what #Trump’s doing on #regulation.
Trump: "From the standpoint of America, the EU treats us very, very unfairly, very badly. They have a large tax."
"They essentially don't take our farm products & they don't take our cars, yet they send cars to us by the millions."
"We have hundreds of billions of dollars of deficits w/the EU & nobody's happy with it. And we're going to do something about it, but nobody's happy with it. So I think the EU has to speed up their process”
Patrick Pouyanné, Chair of the Board & CEO, #TotalEnergies, asked what #Trump's views were on a pause on Liquid #NaturalGas projects & whether he would agree to guarantee an increased supply of US #LNG to Europe.
Trump said he would agree to guarantee supplies of #US #energy to Europe.
"The big problem is we need double the energy we currently have in the #UnitedStates... for #AI to really be as big as we want to have it."
#ClimateCrisis #FossilFuels
#WEF #economy #geopolitics
#USpol
Then it got weird.
#Trump said he would use an emergency declaration to produce “electric generating plants”
“I think it was largely my idea because nobody thought this was possible. It wasn’t that they’re not smart because they’re the smartest. But I told them that what I want you to do is build your electric generating plant right next to your plant & connect it. And they said, ‘Wow, you’re kidding,’ & I said, ‘No, no, I’m not kidding.’”
“I’m going to give emergency declarations so they can start building them almost immediately.”
#Trump then went on to criticize the nation’s electric #grid, calling it old while noting that he would allow the #tech companies to rely on any #fuel that they want to run the plants. And if the energy plants fail, Trump claimed the country could return to “good clean #coal.”
#ClimateCrisis #FossilFuels
#WEF #AI #technocracy #broligarchy #USpol
“#Coal is very strong as a backup,” #Trump told the conference. “Nothing can destroy coal, not the weather, not a bomb, nothing.” [wait, whaaaat?]
“It might make it a little smaller, might make it a little different shape, but coal is very strong as a backup. It’s a great backup to have that facility … and we have more coal than anybody. We also have more #oil & #gas than everybody.”
#WEF
#AI #technocracy #broligarchy #energy #FossilFuels #ClimateCrisis
This bears repeating, #Trump thinks #coal cannot be destroyed by a bomb. coal. COAL!
In his first speech before world leaders, at the #WorldEconomicForum, the President of the United States went on & on about the indestructibility of coal. COAL.
#idiocracy #USpol #WEF #geopolitics
#AI #technocracy #broligarchy #energy #FossilFuels #ClimateCrisis
#Trump said much more in #Davos at #WEF, a lot of lies, a lot of other stupid things, the coal thing was just so remarkably idiotic that it deserved highlighting.
Brian Moynihan, Chair & CEO, #BankOfAmerica asked about the impact of all Trump’s #ExecutiveOrders on growth & bringing down #inflation.
"I think it's going to actually bring down inflation. It's going to bring up jobs. We're going to have a lot of jobs. We're gonna have a lot of companies moving in."
#Trump said he would bring #corporate #tax down to 15% if companies make their product in the US.
Trump then attacked #BofA,
"I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank, & that included a place called Bank of America. ... what you're doing is wrong,"
Ana Botín, #BancoSantander, asked about #deregulation & how fast it’s going to happen.
"We are going to move very quickly. It is going to have a huge impact on the economy, a huge positive impact."
#Trump said the US did not need Canadian #oil, #gas, #autos or #lumber & again suggested #Canada become the 51st US state.
"We're going to be demanding respect from other nations. Canada, we have a tremendous deficit w/Canada. We're not going to have that any more.”
#Trump also mentioned #Mexico, saying; "We are dealing with Mexico I think very well."
[He is just loving exercising his white supremacist tendencies via #immigration #ExecutiveOrders]
More grievances:
"We just want to be treated fairly with other nations."
"We have debt ... we want to just have the debt obliterated."
[who doesn’t want their debt to “just” disappear?]
#WEF #economy #GlobalEconomy #geopolitics
#plutocracy #USpol
#Trump on #Russia & #China at #WEF:
"I would like to be able to meet with President #Putin soon to get that war ended."
“He called me,” Trump said of the phone call with #Xi.
"I think that we're going to have a very good relationship." [meaning with China]
"All we want is fairness. We just want a level playing field." [cuz rich white American men & corporations have had it so hard ]
"Right now it is not a fair relationship, the deficit is massive."
"#Putin really liked the idea of cutting way back on nuclear." [sure he did]
"Hopefully #China can help us stop the war with, in particular #Russia, #Ukraine. They have a great deal of power over that situation. And, we'll work w/them. And I mentioned that…during our phone conversation w/ #Xi."
#Trump said Ukraine was ready to make a deal, & that the war would never have happened if he was in office.
"We want to see if we can denuclearize, & I think that is possible."
@Nonilex
Paging Joe Manchin !!!
@Nonilex coal. Smaller. Different shape.
Um, are you suggesting fuel from diamonds?
@Nonilex Has he tried injecting it with bleach yet? Maybe that would work.
@Nonilex ...an idiot is an idiot is an idiot...
@Nonilex Yes, that thing you famously burn to create energy.
@Nonilex
Certainly has a talent for picking the losers…
@Nonilex does this imply they will bring back the open skies treaty?
@skotchygut not likely. Trump is still Putin’s bitch. And Putin doesn’t want eyes on Russia.
@Nonilex I really want Canada to call his bluff and stop exporting those goods. (Also zinc and aluminium - less sexy, but still vital to a huge range of US industries)
@Nonilex What we are going to get is more money for the 1%. Poverty, hunger and misery for everyone else.
My Mom & Dad lived thru the Great Depression. My older brother who was then a young teen told me what it was like. If he screws the pooch, I believe he will, we'll find out for our self what the modern day version of that is like.
@Nonilex Maybe it's more likely these conservatives have cockamamie business plans based on scammy ideas. Banks don't ask your political orientation when applying for business loans.
@Nonilex Same shit he'd tell any other prospective investors when he's conning them into buying into his properties.
@Nonilex If only science could develop some method of burning coal.
@Nonilex Is that why Centralia, PA, is known as the world's most indestructable town?
That is a special level of stupid...
@Nonilex wind, you can't destroy wind, it is everywhere. You just put up wind mills and they make power. All the time. And solar. It is everywhere. Did you know a single house can produce solar for 4 other houses? And it is everywhere. Solar is great.