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Pots and Kettles Part 2

Thursday, November 10, 2016 4:01
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After many months of name calling the Kettle has beaten the Pot in the American Presidential Election. The point about pots calling the kettle black is that are both black. It seems that they both choose to ignore the parable about casting stones.

American elections are primarily a matter for the American people, but the whole world is affected by the result. It is not that America is the leader of the free world – it is not – but that it is the most powerful nation in the world. I have no idea if Mr Trump will prove a good President. He still reminds me of Benito Mussolini in his gestures and in his speeches and in some of his policies. Mrs Clinton is a career machine politician who like many before her in the USA inherits the advantages of class and connection and family, but as powerful as these are, they were not enough to defeat the brash Mr Trump, who has simply money, but loads of it. Mrs Clinton strikes me as a person who cannot be trusted, and is somewhat a stranger to the truth.

Can Mr Trump be trusted?

Trump appealed to those Americans who have been disadvantaged by the political machine.  He recognised that creating free trade agreements with poor nations simply provided a vehicle to export jobs, reduce consumer prices and increase the margins of the large multinationals.

For example, if Apple products were made in the USA and not China I doubt if the price of the products would be significantly higher but I am sure that the profits of Apple would be significantly reduced, but will that be a bad thing? Apple is sitting on a $200 billion pile of cash in offshore accounts. It will not repatriate the money because if it did so it would have to pay taxes.  Many other US corporations have the same structure. So it seems to me that there are things to be fixed there, but whether Mr Trump has the appetite or policies to fix this kind of behaviour by US multinationals remains to be seen.


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