Trump Flips On Five Core Campaign Promises In Under 24 Hours

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Top Tier Gear USA

Trump

Blink, and you missed Trump’s blistering, seamless transformation into a mainstream politician.

In the span of just a few hours, President Trump flipped to new positions on several core policy issues, backing off on no less than five repeated campaign promises.

In a WSJ interview and a subsequent press conference, Trump either shifted or completely reversed positions on a number of foreign and economic policy decisions, including the fate of the US Dollar, how to handle China and the future of the chair of the Federal Reserve.

Goodbye strong dollar and high interest rates

In an announcement that rocked currency markets, Trump told the WSJ that the U.S. dollar “is getting too strong” and he would prefer the Federal Reserve keep interest rates low.  “I do like a low-interest rate policy, I must be honest with you,” Mr. Trump said. “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me. But that’s hurting—that will hurt ultimately,” he added. “Look, there’s some very good things about a strong dollar, but usually speaking the best thing about it is that it sounds good.”

Trump then said the one thing that every other currency manipulator realizes all too well: “It’s very, very hard to compete when you have a strong dollar and other countries are devaluing their currency.

During his campaign Trump had repeatedly said that a “strong dollar” policy would be beneficial for the US economy, despite our repeat warnings that he will inevitably reverse on this, especially if and when the “Goldman” circle of advisors starts providing macroconomic advice.

It is unclear if the shift in Trump’s policy will mean that US economic data will now “mysteriously” begin to deteriorate to justify not only his request for a weaker dollar, but to also hit the breaks on Yellen’s plans for further rate hikes over the next 2-3 years. In any case, the debate over the Fed’s balance sheet unwind, and the trajectory of Fed hikes, is now on indefinite hiatus.

The biggest loser here, again, are America’s savers who may have been hoping that their bank deposits will finally earn some interest.

As for the most notable outcome from this Trump statement, is that it counters his “desire” for a weaker dollar with the Fed’s tightening bias. Will fireworks fly as Trump realizes that Yellen’s actions are prompting the strong dollar? Stay tuned for what may be the most entertaining clash yet: Trump vs Yellen.

* * *

Labeling China a currency manipulator

Trump also told the Wall Street Journal that China is not artificially deflating the value of its currency, a big change after he repeatedly pledged during his campaign to label the country a currency manipulator.

“They’re not currency manipulators,” the president said, adding that China hasn’t been manipulating its currency for months, and that he feared derailing U.S.-China talks to crack down on North Korea. Trump routinely criticized President Obama for not labeling China a currency manipulator, and promised during the campaign to do so on day one of his administration.

Trump’s declaration also means that Peter Navarro may as well pack his bags, as the Goldman economic advisory team has now won its contest with the “Bannon nationalist” circle.

* * *

Yellen’s future

Trump also told the Journal he’d consider re-nominating Yellen to chair the Fed’s board of governors, after attacking her during his campaign.” I like her. I respect her,” Trump said, “It’s very early.”

Trump called Yellen “obviously political” in September and accused her of keeping interest rates low to boost the stock market and make Obama look good. “As soon as [rates] go up, your stock market is going to go way down, most likely,” Trump said. “Or possibly.”

* * *

Export-Import Bank

Trump also voiced support behind the Export-Import Bank, which helps subsidize some U.S. exports, after opposing it during the campaign.

“It turns out that, first of all, lots of small companies are really helped, the vendor companies,” Trump told the Journal. “Instinctively, you would say, ‘Isn’t that a ridiculous thing,’ but actually, it’s a very good thing. And it actually makes money, it could make a lot of money.”

Trump’s support will anger conservative opponents of the bank, who say it enables crony capitalism.

* * *

NATO

Finally, Trump said NATO is “no longer obsolete” during a Wednesday press conference with NATO Secretary General Jens Stoltenberg, backtracking on his past criticism of the alliance. During the campaign, he frequently called the organization “obsolete,” saying did little to crack down on terrorism and that its other members don’t pay their “fair share.”

“I said it was obsolete. It is no longer obsolete,” the president said Wednesday.

Trump has gradually become more supportive of NATO after it ramped up efforts to increase U.S. and European intelligence sharing regarding terrorism. Trump still insisted that NATO allies “meet their financial obligations and pay what they owe.” He said he discussed with Stoltenberg his desire that allies put 2 percent of their gross domestic products into defense by 2024.

* * *

Add to this Trump’s first, most prominent reversal, the launch of air strikes on Syria last Friday after repeatedly bashing Obama for even considering that, and Trump’s transformation into a mainstream politician now appears complete.

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  • dav1bg

    Must have gotten a call from the Queen/Rothschild’s.

    • NonYo Business

      Or just like Obama, Clinton and Bush’s … they say what they say and do what they always do. Protect each other.

  • Smarty

    I called this one the moment he got the “nomination”. You don’t really believe your vote counts, do you?

  • NonYo Business

    Drain the swamp… LOL and you jackasses fell for it. Hope and Change!!! and you other jackasses fell for it. Wake up my fellow Americans… Liberty comes from YOU, not a jackass with a phony title like President of the USA.

    • Time to REALLY drain the swamp. :^)

      • NonYo Business

        If we stood together then it could happen without loss of life… too bad they’ve fomented too much division for that to happen from what I can tell.

  • Mike

    In other words he got a call from the shadow government and they said play ball or you and your family die.

    • ReverendDraco✓ᵛᵉʳᶦᶠᶦᵉᵈ ᵃᶜᶜᵒᵘᶰᵗ

      Nice family. It would be a shame if something were to happen to it.

    • John Gallion

      Wisest words here.

  • straight shooter

    Yep, Trump is a full-on Globalist puppet now, as the idiots who voted for him expecting any real change can only stand by, slack-jawed but hopefully a little more awake.

    • Hopefully this will be used as a means to start the process of a revolution. 🙂

  • Did we REALLY expect anything different?

    Goodbye, Amerika. I’m set on renouncing my citizenship and leaving this shithole of a country for greener pastures in the BVI, with the intent to reside in South America and Africa. 🙂

    • Clementine

      You do not think either of those countries have their own set of problems? And World War lll means there are no greener pastures. If you turn to a “foreign” (meaning you are not familiar with) country for safety you will be at an extreme disadvantage (not to mention they hate Americans and see them only as money carriers to rob). The safest place to be is somewhere you are familiar with, where you can blend in. If you are Caucasian you are going to be a target in both of those countries… they will know you are a foreigner. There are numerous disadvantages to being out of your element… not knowing what food to forage, what plants to get water from, what species of animals/insects to avoid or their habits. Other places sound great in theory but most likely you will find yourself at the bottom of the barrel, drowning in your own piss…

      • Its ok, if he were really serious about leaving, he would have just left, not talked smack about it on the internet

        • I’m leaving this summer. I always follow through on my promises.

          • PoshZzola

            Do it….! I left and don’t regret it for a minute. It’s interesting watching the mayhem from the outside looking in. I’m in one of the TOP 5 Countries in the world to live. Sure, no place is perfect….but there are places much, much, much, much, much, better to live than the USA! It’s not that I hate the US, but I couldn’t take American culture anymore and I wanted to get my child out of there. Of course, it was easier for me as I have dual citizenship from my marriage. So in my other country, I am a full-fledged citizen. Just make sure you check out ALL visa requirements, permits, etc….if you don’t have citizenship in your new country…..GOOD LUCK!

          • Awesome! I plan to apply for British citizenship this summer and use it as a means to access Europe freely without having to marry or live there for a while. 🙂

      • They’re continents, and I truly believe that I would be much suited there and in the B.V.I. and parts of Europe or Asia over North America. I’m a mulatto with fairly dark skin, but with an advanced vocabulary and conversational Spanish. Plus, I have more familial connections down in the B.V.I.

    • Yeah because South America and Africa are the paragon of freedom and democracy…
      You sound like every other Hollywood whiner after the election, threatening to take their toys and leave the country.
      Fix what you have.

      • There is no way to fix the country, and I am only 17 years old, with a family that is not awake to what is happening. I am prepared, but I cannot survive in this new country now that Trump has proven himself to be a shill.

        There is nothing here for me in America, and I truly believe that my entrepreneurial endeavors are better suited somewhere else. Those continents aren’t perfect, but they are much better than what is going on here.

        • Clementine

          17… you’ve got a lot to learn and it sounds like you want to learn it the hard way… good luck to you!

          • ReverendDraco✓ᵛᵉʳᶦᶠᶦᵉᵈ ᵃᶜᶜᵒᵘᶰᵗ

            A lesson too easily learned doesn’t stick. Same as people don’t appreciate what they haven’t earned.

            Hard lessons, like hard work, build character.

          • How would I go about learning it the easy way? What would you recommend?

        • “Those continents aren’t perfect, but they are much better than what is going on here.”
          Specifically, where and in what way?

          • Well, to start, how about the Caribbean? It’s not a continent, but it is certainly doing well for itself. Low taxes, beautiful beaches, friendly people, easy to start a business, access to family, access to the Internet, free college and many other benefits. Plus, since I’m a belonger to the BVI, I can easily become a British citizen and have access to the rest of Europe (which is being overrun by “refugees” but is still relatively stable).

            South America isn’t perfect, but countries like Chile and Panama are pretty decent, and I can speak conversational Spanish, so I’ll blend in just fine.

            Asia is another option, but with how shitty the political climate has become it is off limits for now. However, when it is stable, it is a much better country with a higher happiness rating and a lot more polite citizenry.

          • PoshZzola

            Don’t forget….there are parts of Europe not over run by refugees. There are mainly the countries that are not part of the EU. Eastern European countries are starting to look good as well. Your idea about the Caribbean is good. Nice living, cheap, healthy food. You’re young, do it now! Why stay in the US and go into debt just to survive to eat? Racking up student loan debt, police state and more….Good Luck!

          • Thanks, friend! I can’t wait to see what’s out there! 🙂

    • John Gallion

      I think I’d look much further afield……say the Moon or Mars…… because the shit-storm that coming will leave NOTHING and NO PLACE untouched…except of course the Moon and Mars. 🙂

        • Clementine

          That is an awesome HUSTLE… the people who thought of that are laughing all the way to the bank! Say this is not a scam (yeah right)… what types of life threatening situations will people encounter on a astronomical body that is not naturally inhabitable for humans? Late on bills… they simply turn off your air, to say the least. Think again. This would make you an unequivocal slave to the powers that be out there… which I’m pretty confident would be just another arm of our current government.

      • Clementine

        Of which neither planet is naturally inhabitable… hence death without government technology. I agree with you… there will be nothing and no place untouched!

      • PoshZzola

        There are places that will be much better off. The problem is that America is due for a good ayzzz whipping. It’s payback time. It’s karma….Sure, there will be a reverberation around the world, but America will be hit ESPECIALLY hard. The petro dollar, bail-ins from the banks, food and gas shortage, excessive violence, disease, (and this is not from refugees) but the average American is in for ride. It’s wise to prepare the best way possible and if that means leaving the country….it’s not a bad move. I’ve been to over 20 different countries. There are some really nice places to live. America is not the end-all…be-all….of the world. It’s time is over. It must die in order to be born again and stop trying to be an empire causing chaos around the world!….Good Luck

  • Clementine

    The President is a puppet… he is there simply to give the people one person to be angry with (it is easier to keep anger flowing and focused if you only have one target). We will have the same outcomes no matter who the nominated puppet is, the powers that be had their agenda planned way before they granted us with the illusion of control (casting votes, elections). Anyone who thinks the President makes the decisions should look deeper behind the scenes and see who’s really in control of our futures.
    A good book to read on this is “Rule by Secrecy” by Jim Marrs
    Ronald Reagan said there would never be a Bush in his administration… 2 months later they were shaking hands and Bush was to be his Vice President…

  • SleepKnowMore

    So, let me get this straight… Trump accuses Yellen of keeping the rates low for Obama, because everyone knows that when rates go up – the economy goes down… The economy starts to move up because of Trump, who now ALSO wants the rates to stay low (you know, so the economy won’t start to go down again)… and you idiots think this is bad thing!

    It would be great if we had a president capable of playing “the game” without looking like a wimp while doing it… Oh wait, WE DO!

    You people better wake up (ha, ha) and take a look around.

    Sorry, all the “Now Hiring” signs must be blocking your view.

  • gato felix

    Baaahahahaha to all of you that “voted” for this puppet suckas!! can’t wrap my mind around how adults still to this day believe in fairy tales!!!!

    • ReverendDraco✓ᵛᵉʳᶦᶠᶦᵉᵈ ᵃᶜᶜᵒᵘᶰᵗ

      Ever been to church?

      • gato felix

        I was raised in church, haven’t been back in oh say 20+ years!!

        • ReverendDraco✓ᵛᵉʳᶦᶠᶦᵉᵈ ᵃᶜᶜᵒᵘᶰᵗ

          My churchly upbringing is the only reason I can wrap my mind around how adults can still believe in fairy tales.

          If it weren’t for those kinds of adults, churches would be out of business.

          • gato felix

            True!

  • slk5

    trump derangement syndrome is running rampant on this site…MAGA!!!

  • Roy

    He also flipped on putting Hillary in jail.

  • Ned

    There is a big difference between reality and political fantasy BS. One works in the real world the other does not.

  • Nap

    There were secret societies in 100k BC. The ‘double-headed eagle’ was a big one. BC Times.