Donald Trump delivers a not so traditional political speech in Las Vegas where he covers everything from Obama’s misgivings to the middle east and China. The most shocking moment was undoubtedly his views on how to deal with China’s global manufacturing monopoly:
If Mr. Trump is anything, he’s to the point. However, we don’t necessarily agree with his assessment of how China may react to such a strategy. Let’s remember that they have some $3 trillion or so invested in US dollar related holdings, two-thirds of which their central bank President recently indicated will need to be divested. They hold the power right now, not us. Imposition of a 25% import tax, in our view, could be a mutually assured economic destruction for both nations – and we’d be much worse off than them. China’s response will likely not be to give us anything we want. The more realistic scenario is that it will, as it has in the past, lead to calls from China that America is committing an act of war. Let your imagination run wild with what the end result of pushing China on this issue might be, because we don’t think it is as simple as Mr. Trump makes it out to be.
With regards to Mr. Trump’s candidacy, many questions abound regarding his political positions and allegiances. While he may talk a big game and play the part of a Tough-on-the-Economy republican, we must question many of his actions in the past, namely his support of eminent domain laws and underhanded maneuvering to seize private land from individuals in order to build casinos, generate profit and enrich himself and a few close insiders. That alone is enough for us to say we’re not interested.
While his words are entertaining, and some of his arguments take a common sense approach to the problems facing us on domestic and international fronts, we’re not sure if we’re interested in another election cycle American Idol candidate. Perhaps our opinion is misguided, but Mr. Trump seems to us to be driven by ego and self interest rather than statesmanship – and a statesman is what America desperately needs right now.
Furthermore, while Trump has deemed Congressman Ron Paul as unelectable, we’d suggest that the same may be true for himself. A Trump primary win could be disastrous in November of 2012, because unless independent minded Americans (i.e. supporters of the third-party or no-party movement) are convinced, no Republican candidate is getting into the White House.