Thiel, Andressen, Horowitz etc
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Trump / Musk (other than DOGE)
- Thread starter nycfan
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rodoheel
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I think it's all part of the same strategy. I don't think Raskin and others are going rogue or anything.
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“Canada’s very tough, you know, Canada’s very you know we’re not treated well by Canada and we have to be treated well. [Talks about American banks not being allowed to do business in Canada] and it’s what we talked about and I think we’ll win most of the subjects but for some reason a lot of things have been very unfair with Canada …”
Paine
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I certainly don’t think they’re going rogue, but I’m wary to attribute anything even semi-effective at garnering media attention to Schumer. I’d imagine individual congresspeople and senators have a great deal of leeway to pursue these things on their own, especially if they feel leadership isn’t doing so. Doubt there is some kind of unified Democratic strategy at all at this point anyways. Media wise, at least. Jeffries seems to have a legislative strategy, but that alone is not enough.
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“… Domestic banks, led by the Royal Bank of Canada, dominate the Canadian market, but U.S. banks already have a presence in the country. For example, J.P. Morgan Chase & Co. employs 600 people with teams in Calgary, Montreal, Toronto and Vancouver, according to its website. Similarly, Citibank Inc. in 2019 celebrated 100 years in Canada.
U.S. banks are also members of the Canadian Bankers Association, which represents more than 60 banks.
The CBA said U.S. banks make up half of all foreign banking assets in Canada, with 16 subsidiaries and branches worth around $113 billion in assets. These banks provide financial services, such as corporate and commercial lending, treasury services, credit card products, investment banking and mortgage financing, it said.
… But analysts expect the trade war to hurt Canada more than the U.S., which has an economy that is about 10 times larger.
Analysts expect the trade war to push the Canadian economy into a recession, which could significantly impact the stocks of Canadian banks.“
Trump takes aim at Canada's banking sector as tariffs loom
Donald Trump is pushing to increase the presence of U.S. banks in Canada, a day before his proposed tariffs take effect. Find out more.
mynameisbond
Distinguished Member
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Pretty sure they'd be a blue state, so you can't take him seriously. This is most likely a ploy to further his personal financial interests.
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“… In a Truth Social post, Trump said Mexico agreed to put 10,000 of its soldiers at the U.S.-Mexico border to address his concerns over the flow of migrants and the deadly drug fentanyl into the U.S.
That prompted Opposition Conservative Leader Pierre Poilievre to call on Trudeau to send Canadian forces “troops, helicopters (and) surveillance to the border now.”
Saskatchewan Premier Scott Moe also suggested sending there is a role for the military to play at the Canada-U.S. border.
“Right at the border crossing, it is the responsibility of the (Canada Border Services Agency) and the Government of Canada. And I would say that if they brought that under the military arm, we could have our military present there as well,” Moe told reporters on Monday.
… Several foreign banks do business in Canada as Schedule II banks, whereas Canada’s big banks are all Schedule I. …”
nationalpost.com
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Schedule I are domestic banks and Schedule II are Canadian subsidiaries of U.S. and other foreign banks, with the branches having minimum CDN$ capitalization requirements. It is true that domestic banks dominate the market in Canada but not true that U.S. banks can’t do business there, they just have to do it through a Canadian subsidiary subject to Canadian banking laws and regulations.
That prompted Opposition Conservative Leader Pierre Poilievre to call on Trudeau to send Canadian forces “troops, helicopters (and) surveillance to the border now.”
Saskatchewan Premier Scott Moe also suggested sending there is a role for the military to play at the Canada-U.S. border.
“Right at the border crossing, it is the responsibility of the (Canada Border Services Agency) and the Government of Canada. And I would say that if they brought that under the military arm, we could have our military present there as well,” Moe told reporters on Monday.
… Several foreign banks do business in Canada as Schedule II banks, whereas Canada’s big banks are all Schedule I. …”
U.S. tariffs on hold 30 days after Canada commits to beefing up border security
Canada has agreed to deploy its $1.3-billion border plan and nearly 10,000 frontline personnel in exchange for the reprieve.
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Schedule I are domestic banks and Schedule II are Canadian subsidiaries of U.S. and other foreign banks, with the branches having minimum CDN$ capitalization requirements. It is true that domestic banks dominate the market in Canada but not true that U.S. banks can’t do business there, they just have to do it through a Canadian subsidiary subject to Canadian banking laws and regulations.
Actually, I think the Candian tariffs are much more likely to go on for a while. Trump has already gotten what he wants from Mexico. They're going to play along with his border charade and engage in further discussions later from which Trump is likely to extract some concessions even if they are minor.
However, with Canada, I do think he really does want to absorb Canada into the US. He has never come close to saying that Mexico, Greenland, or even the Panama Canal Zone should be the 51st state, only Canada. There is no easy 'win parameter' with Canada and he has clearly stated what the desired end result, is: expansion of US territory to include Canada.
On the other hand, this may all just be distraction for what Musk is doing with Doge assuming you believe that Musk is following Curtis Yarvin's plan for reinventing the US into a dictatorship/monarchy/startup with a CEO (Trump) and a Board of Directors (Thiel, Andressen, Horowitz and other billionaires) as some believe is already ongoing.
Butterfly Revolution Step 1: Campaign on Autocracy
Butterfly Revolution Step 2: Purge the Bureaucracy
Butterfly Revolution Step 3: Ignore the Courts
Butterfly Revolution Step 4: Co-Opt the Congress
Butterfly Revolution Step 5: Centralise Police and Powers
Butterfly Revolution Step 6: Shut Down Elite Media and Academic Institutions
Butterfly Revolution Step 7: Turn Out the People
rodoheel
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I don't mean Schumer deserves more credit necessarily. I just don't think it's wise to assume that Raskin is executing an independent strategy and/or disobeying orders from Schumer to do so. Allowing other Senators some amount of leeway to do things on their own (without fear of having leadership cut their legs out from under them if they disagree with the approach) it itself a strategic decision.
Paine
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Sure. Don’t think Raskin is going off on his own anyways, there are others there with him. I just really don’t like Chuck Schumer lol.
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Treasury gets thumbs up from relevant agency to make each contracted payment. It is not the review/reject hub. That is handled by the agency with expertise and knowledge of the statutory or contractual obligation. It is unreal how much shit this guy is making up/spewing.
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Canada isn't going to become a state. They are not going to give voting rights to Canadians. They don't want the House in-balance. It will be occupied territory.
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Ok I need to tune out for a while or i will start talking about things which we heard earlier are not welcome on this forum.
I just can't read anymore from President Shithead and Sugar Daddy Shithead.
I will try to come back in a few days.
I just can't read anymore from President Shithead and Sugar Daddy Shithead.
I will try to come back in a few days.