The following is a transcript from the Pro America Report.
Welcome, welcome welcome, Ed Martin here on the Pro America Report, great to be together. We got some great interviews all Week long. I hope just rocking and rolling a lot happening. And we are, we’re just covering it all. So proamericareport.com proamericareport.com and you need to check in there and get signed up. Make sure you’re getting the daily WYNK. Make sure you getting all the different things we’re up to.
Hey, this I want to cover this topic. It’s so I I was making notes during the week, but I want to cover this stuff. I I I get the Wall Street Journal online and so I’m able to look at the Wall Street Journal, be looking at it more frequently. You know, it’s not that conservative anymore. Rupert Murdoch is kind of a he’s kind of a funny guy. He owns it with his sons and his family. And so I it’s hard to tell I they sort of lean Republican or main maybe lean classic Republican but. They’re not as conservative, but it’s good writing and it’s good, smart people. And it’s I’d say one of, you know, two or three national papers now and now you can say newspapers, Washington Post totally liberal rag, but national, Wall Street Journal. And of course, the New York Times, also liberal rag.
But but the one thing you can sort of look to the the the Wall Street Journal for too, is the questions around the economy. They have a lot of international reporting. And so I watched closely. Joe Biden runs up to Pennsylvania in the last few days, and he gives a speech where he basically says we’re gonna put tariffs on China on Chinese steel. Now. Very interesting, because for years, decades, you could not have a conversation about tariffs, especially against China, without being told if you put tariffs, you’re gonna have, you’re gonna have a trade war and you’re gonna destroy the economy, blah, blah, blah, etcetera, etcetera. And the free market people said. Ohh, no, no, you can’t do that.
Here’s what you need to know. The shift in this country away from. What I would what I would call free market. Free market management, free market monopolies. That’s better. Monopolies. In other words, big business was dominating and big globalists were dominating the choices. And so you had this. The free market wasn’t really a free market. It was a a monopolist free market, meaning that the biggest companies that could do the most international stuff. Could get to the cheapest labor and dominate. It’s what made us lose so many jobs in the heart of the country.
But well, that’s gone. And it it by the way its home was the Republican Party.
The Republican Party was the place that said Ohh yeah. No, no, free markets, you know, no regulations. Let let these multinational companies get swallowed up by other companies. Eventually it’ll all equal out. It’ll be better for us, you know.
And and it’s it’s a loser and we see it now.
And it was Donald Trump that shifted the whole conversation by having the courage. To put tariffs on when he was being told by everyone from the Fed, the Federal Reserve. To the economists, the in the biggest universities, Wall Street, everyone say, oh, no, no, don’t you understand? We’re too dependent on the world economy and the the international markets. If you put tariffs, it’s going to be the end of the world. It wasn’t. He did it, it moderated behavior.
Because one of the reasons that it was so compelling was we knew. That the Chinese and others were cheating. And so they would cheat and and basically they would put effectively put tariffs on us, meaning we play by the rules and therefore the rules cost us money, either by them undercutting us with cheaper labor or lies, or flooding the market or dishonesty in the in the trade. Or we’re just paying more to get things done. Because America has to pay more, we actually could, couldn’t, you know, do slave labor in the Uighurs?
So Trump did that. Trump did that, Trump said. And and and all everybody.
Here’s another example that Joe Biden has has said we’re all upset in Iran. Iran’s fighting with China. I mean, excuse me with Israel. And yet Joe Biden has not tried to sanction, tried to stop the Iranians, from selling massive amounts of their oil and gas to whom – to the Chinese to the Chinese regime.
In other words, we’re being lied to a lot by our policymakers.
You know, Joe Biden said he had to empty the the Strategic Petroleum Reserve. This massive amount of extra petroleum that we keep in case we get into a war, he had to. He had to do that to keep the markets, to get the prices down. Then he’d buy it back. Well, except that he he gave it. He he put it all on the market to try to keep the prices down, didn’t really work.
And now it’s too expensive to buy it back. So it’s sitting empty. It’s sitting empty. Can you believe it? I mean, so here’s the thing.
We’re being misled. By our leadership about the preferences that we take and make with regard to the economy nationally and and and internationally. And especially when it comes to energy. And and one of the things that we have to and well, I guess maybe I should say commodities like the the Chinese dumping, they call it dumping aluminum and others whether and and the same thing with some of the some of the, the, the, the special sort of minerals that are used in some of the high tech. You know, China has a bunch of that and they and they, and they dump it into our into the market to try to drive costs down. So it’s impossible to handle. The point is this.
We need to continue to articulate what the America First principles are for maintaining our nation and our economy. And I think that both parties are starting to adjust to that, that if, when you see Biden go up and talk about tariffs against the Chinese, what’s weird is that the Democrats used to talk about tariffs. They used to be the ones because they knew that they could, if they talked about tariffs, it would protect American jobs. But the Democratic Party, just like the Republican Party from about the 19 mid 1970s in through the last five or seven years. They they were in the tank for the multinational corporations because those multinational corporations could yield could could bring campaign contributions and and jobs and everything else. So you you you had a situation and and more and more of them you go talk about Joe Biden more and more of the of the influential companies and and corporations in the lives of elected officials were non-manufacturing, right?
So Joe Biden’s family spend most of their time going in and out of the big banks that were housed in Delaware and the and the and the credit card companies and all the different related financial services fields. You know, that’s where that’s where Hunter worked and that’s that’s where a bunch of the wealth that Joe Biden’s brother Jim has has accumulated, it seems, is from lobbying around those issues. So the point is. Our policies now appear in a bipartisan way to be more America First.
Except for. The instinct of the American regime, both parties, to spend money overseas, to send billions and billions to Israel, billions and billions to Ukraine, billions and billions to NATO, billions and billions of dollars. And you know, I heard this from it might have been from Mike Benz. Because I talk about Mike Benz a lot, he’s really cut through a lot of the clutter and and as the voice people are hearing. But I say this a lot.
Mike Benz made the point that when you spend billions when you send billions to these places where they’re fighting wars and and so or they’re buying military equipment, NATO as an example we send billions to NATO so they can buy they can arm themselves. Send billions to Ukraine so they can arm themselves. We send billions to Israel because they’re in this battle. The common denominator, Mike Benz says. Is the military industrial complex the the sets of corporations that are making money, and you’ll even have people say I think it was Mitch McConnell, Senator McConnell said once. Ohh, you know, we said all this money, but don’t worry, it ends up coming back cause it’s our companies that sell this stuff to them.
Well, that doesn’t seem like a very good plan to me, especially because it entangles us in places. I don’t think we need to be, but I also don’t believe it works. I think there’s a lot of people making a lot of money and an awful lot of corruption, and I don’t see it in our best interest.
But my point in telling you this is when it comes to things like tariffs, we have shifted in five or seven years, really since Trump got in dramatically to understanding that we can. Have an impact and that we should have an impact on what’s happening in these places and what’s happening with the with these other nations and how they’re doing things. And so it is, it’s the, it is the, the the necessary, the necessary Piece of a puzzle that has to do with our interaction with the world. I’m observing that to you because you’re watching it. You’re seeing it more and more. You’re seeing it more and more.
We’re going to see it when it comes to the the both parties understand. Meaning both Republicans and Democrats understand that we cannot have the chip making in our that we’re relying on be completely dependent on Taiwan. It can’t all be in Taiwan and willing to spend resources and change regulations to get that done. That’s a different that’s a change. That’s a change that was even five to seven years ago. You would have said well, you know go. Go wherever the best deal is, and I know if a friend of mine who is in the a chip making industry, he is in a sort of related piece of it, not making the chips themselves but but components. I guess his way of saying it and he was spending half of his time in China. Chasing down deals that they could manufacture there.
And in the midst in the middle of the Trump administration, when there was a realization and that it became a political consensus, then people changed and he said suddenly he was now looking for places in Georgia for his company to build. He was looking for places in the in the. Western Hemisphere, he said. You know, there was an effort. It could be in China. I mean, excuse me, could be in Mexico but can’t be in China, can’t be. In Taiwan. Can’t be dependent on that part of the world. Big shift, big shift and a welcome shift that’s part of the America first stuff that’s gone on. And I think it’s making a big difference. And and it will continue now, it will continue. You know the the multilateral trade deals. I I’d lump them in there before Donald Trump, everybody thought, oh, yeah, we’re gonna these massive deals. We have 7, 8, 9, 10 partners in one big deal and they were boondoggles, they were they were after they. They were. They were. They were relationships, legal relationships where America ended up footing the bill and being dominated by others. But this is extending, I hope, to the multinational organizations like the WTO, The WHO, even the UN. Pulling back from that and it all comes back to a topic we’re gonna talk more and more about in the coming months. Sovereignty, national sovereignty, American sovereignty.
So we’re gonna take a break right now. Ed Martin here at Pro America Report. Don’t forget proamericareport.com sign up there. Be right back.
