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Thread: Donald Trump Invokes Defense Production Act to Nationalize Industries if Needed

  1. #1

    Donald Trump Invokes Defense Production Act to Nationalize Industries if Needed

    Choogle choogle.
    “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.” --George Orwell

    Quote Originally Posted by AuH20 View Post
    In terms of a full spectrum candidate, Rand is leaps and bounds above Trump. I'm not disputing that.
    Who else in public life has called for a pre-emptive strike on North Korea?--Donald Trump



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  3. #2
    I'm sure it's just a temporary measure to get us through this "emergency." After all, The Great Orange Hope has declared that we'd never resort to socialism, not even nationalist socialism. You believe him, don't you?
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  4. #3
    Quote Originally Posted by CCTelander View Post
    I'm sure it's just a temporary measure to get us through this "emergency." After all, The Great Orange Hope has declared that we'd never resort to socialism, not even nationalist socialism. You believe him, don't you?
    He is going to use this to smash these deep state enterprises and their minions.
    “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.” --George Orwell

    Quote Originally Posted by AuH20 View Post
    In terms of a full spectrum candidate, Rand is leaps and bounds above Trump. I'm not disputing that.
    Who else in public life has called for a pre-emptive strike on North Korea?--Donald Trump

  5. #4
    Nationalize industries??? HE is going full blown Communist?

    @RonZeplin will have to bring out the hammer and sickle

  6. #5
    Quote Originally Posted by Warlord View Post
    Nationalize industries??? HE is going full blown Communist?

    @RonZeplin will have to bring out the hammer and sickle

    Have no fear. We'll probably be offered a nice compromise and get to settle for mere fascism.
    Chris

    "Government ... does not exist of necessity, but rather by virtue of a tragic, almost comical combination of klutzy, opportunistic terrorism against sitting ducks whom it pretends to shelter, plus our childish phobia of responsibility, praying to be exempted from the hard reality of life on life's terms." Wolf DeVoon

    "...Make America Great Again. I'm interested in making American FREE again. Then the greatness will come automatically."Ron Paul

  7. #6
    Quote Originally Posted by Warlord View Post
    Nationalize industries??? HE is going full blown Communist?

    @RonZeplin will have to bring out the hammer and sickle
    @Swordsmyth will be digging ditches to fill them back up to make us rich again.
    “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.” --George Orwell

    Quote Originally Posted by AuH20 View Post
    In terms of a full spectrum candidate, Rand is leaps and bounds above Trump. I'm not disputing that.
    Who else in public life has called for a pre-emptive strike on North Korea?--Donald Trump

  8. #7
    If he does nationalize an industry and uses these powers it's going to be game over.

    I suspect he has his eyes on the stock exchange. He might want to prop it up some how.

    What else could he have in mind? Maybe car factories in Mich.

  9. #8
    Quote Originally Posted by Warlord View Post
    Nationalize industries??? HE is going full blown Communist?

    @RonZeplin will have to bring out the hammer and sickle
    Sounds like the fascism phase.



    El Douche
    Quote Originally Posted by Swordsmyth View Post
    You only show up to attack Trump when he is wrong
    Make America the Land of the Free & the Home of the Brave again



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  11. #9
    Speaking of which, isn’t this what Paul Krugman wanted?

    Or urged we needed?

    Something of an alien invasion... we are all going to be so rich.

    If only we had a @krugminator to explain this all to me.
    “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.” --George Orwell

    Quote Originally Posted by AuH20 View Post
    In terms of a full spectrum candidate, Rand is leaps and bounds above Trump. I'm not disputing that.
    Who else in public life has called for a pre-emptive strike on North Korea?--Donald Trump

  12. #10
    No doubt productivity will soar once the post office starts running the factories...

    I guess this is what Trump meant when he called himself a wartime President.

    He's going to make all the mistakes that inept wartime governments make in a futile attempt to replace the price system.

    P.S. This may be of interest:

    https://mises.org/library/5-crisis-and-liberty
    Last edited by r3volution 3.0; 03-18-2020 at 09:25 PM.
    "Democracy is the theory that the common people know what they want, and deserve to get it good and hard."

    -H. L. Mencken

  13. #11
    Nice liBROtarian sausage fest in here.

    Any one of you going to call out Amash for demanding "immediate cash relief for Americans"?

    *crickets*
    @Ehanced_Deficit's real agenda on RPF :
    DNCIA-SB (Soros, Brennan)
    CLINTON-PELO-SCHIFF
    NYT-CNN-SOCIALIST
    DEEP STATE NEOCON JOHN BOLTON BOOK PROMOTER

    Know the deceptions of a paid troll HERE (Post #3)

  14. #12
    Quote Originally Posted by kcchiefs6465 View Post
    Choogle choogle.
    When life itself seems lunatic, who knows where madness lies? - Miguel de Cervantes, (Don Quixote)

    Quote Originally Posted by Voluntarist View Post
    The tree of liberty must be refreshed from time to time with the Federal Reserve Notes of patriotic central banks

  15. #13
    Quote Originally Posted by eleganz View Post
    Nice liBROtarian sausage fest in here.

    Any one of you going to call out Amash for demanding "immediate cash relief for Americans"?

    *crickets*
    http://www.ronpaulforums.com/showthr...=1#post6933336
    "Democracy is the theory that the common people know what they want, and deserve to get it good and hard."

    -H. L. Mencken

  16. #14
    Fake news and a poor job at that. Not even a link to a fake news site.

  17. #15
    Quote Originally Posted by kahless View Post
    Fake news and a poor job at that. Not even a link to a fake news site.
    From well known Trump-hating deep state outlet Fox News:

    https://www.foxnews.com/politics/tru...act-what-is-it

    President Trump announced on Wednesday that he will be invoking the Defense Production Act in an effort to help the private sector ramp-up manufacturing and distribution of emergency medical supplies and equipment amid the coronavirus pandemic.
    "Democracy is the theory that the common people know what they want, and deserve to get it good and hard."

    -H. L. Mencken

  18. #16
    Is there a news source with a link about this?
    __________________________________________________ ________________
    "A politician will do almost anything to keep their job, even become a patriot" - Hearst



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  20. #17
    Quote Originally Posted by Matt Collins View Post
    Is there a news source with a link about this?
    Yes
    "It's probably the biggest hoax since Big Foot!" - Mitt Romney 1-16-2012 SC Debate

  21. #18
    Quote Originally Posted by kahless View Post
    Fake news and a poor job at that. Not even a link to a fake news site.
    Quote Originally Posted by r3volution 3.0 View Post
    From well known Trump-hating deep state outlet Fox News:

    https://www.foxnews.com/politics/tru...act-what-is-it
    Trump was not specific on the details of what the act would be used for – besides mentioning ventilators and masks – but below is a look at what the three main sections of the Defense Production Act:



    • The second provision in the act provides financial measures, such as loans, loan guarantees, purchases, and purchase commitments, to speed up the production of materials “needed to support national defense and homeland security procurement requirements.”


    • The act also addresses voluntary agreements – or what the government says is “an association of private interests, approved by the Government to plan and coordinate actions in support of the national defense.” The proviso permits business competitors to work together to plan and coordinate measures to increase the supply of materials.



    Along with the three main provisions, the act also provides the government with the authority to obtain information from businesses, authorizes establishment of the National Defense Executive Reserve, and a Committee on Foreign Investment in the United States – which works on the effects on national security of certain mergers, acquisitions, and takeovers related to foreign investment in the U.S.
    When the act is invoked it requires the administration to file an annual report to Congress on the impact of offsets on the defense preparedness, industrial competitiveness, employment, and trade from the act.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  22. #19
    If anyone's interested in how this kind of thing works (or doesn't) in practice, I suggest checking out the Bob Higgs lecture linked above.

    TL;DR: too many nails, not enough hammers, nails in New York, Hammers in Mobile, politicians declare victory, public has no clue
    "Democracy is the theory that the common people know what they want, and deserve to get it good and hard."

    -H. L. Mencken

  23. #20
    Quote Originally Posted by eleganz View Post
    Nice liBROtarian sausage fest in here.

    Any one of you going to call out Amash for demanding "immediate cash relief for Americans"?

    *crickets*
    But it's OK if it's Trump's idea- amirite?

    Americans Need Cash Now’ — Donald Trump Wants to Send Checks to Households Immediately
    32,682
    White House
    CHARLIE SPIERING17 Mar 202020,287
    2:23
    President Donald Trump said at the White House Tuesday he wanted the federal government to send direct payments to Americans suffering economically from the coronavirus as part of a larger rescue package.

    “We’re going big,” Trump said, adding, “We want to go big, go solid.”
    The proposal was detailed by Treasury Secretary Steven Mnuchin on Tuesday during a press briefing at the White House.

    “We’re looking at sending checks to Americans immediately,” Mnuchin said, adding, “Americans need cash now and the president wants to get cash now.”

    Mnuchin said that Americans could expect an individual stimulus within two weeks as he continued to negotiate with Congress.

    He added that wealthy Americans would not get direct payments as they did not need it.

    “I think it’s clear, we don’t need to send people who make millions of dollars a year checks, OK?” Mnuchin said to reporters. Trump agreed. “Obviously some people shouldn’t be getting checks for $1,000.

    Mnuchin said that some of the reported funding numbers of $850 billion for a rescue were probably more expensive than the final bill would be, but that details would be released later in the day.

    “This is stuff that needs to be done now, the president has instructed to me that this is no fault to American workers,” he said.

    Trump said there were four different ways to get funding directly to Americans, and said that although he supported a payroll tax cut, he was looking at a better way to get funding to Americans faster.

    “We want to do something much faster than that,” Trump said.
    https://www.breitbart.com/politics/2...s-immediately/
    There is no spoon.

  24. #21

    'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988

    Awareness is the Root of Liberation Revolution is Action upon Revelation

    'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3

    Flectere si nequeo superos, Acheronta movebo.

    ...the familiar ritual of institutional self-absolution...
    ...for protecting them, by mock trial, from punishment...


  25. #22
    Quote Originally Posted by Ender View Post
    But it's OK if it's Trump's idea- amirite?

    https://www.breitbart.com/politics/2...s-immediately/
    Deep State made him do it (but not Amash, he did it because he's a satanic pedophile, or sumpin)
    "Democracy is the theory that the common people know what they want, and deserve to get it good and hard."

    -H. L. Mencken

  26. #23
    Quote Originally Posted by RonZeplin View Post
    Sounds like the fascism phase.



    El Douche

  27. #24
    Quote Originally Posted by Ender View Post
    But it's OK if it's Trump's idea- amirite?



    https://www.breitbart.com/politics/2...s-immediately/

    Well that was exactly my point. Amash and Trump want the same thing. But the TDS morons here will never admit it.

    Im not into the direct cash idea, personally. In other threads I've suggested some alternatives that isn't a burden on the tax payer.
    @Ehanced_Deficit's real agenda on RPF :
    DNCIA-SB (Soros, Brennan)
    CLINTON-PELO-SCHIFF
    NYT-CNN-SOCIALIST
    DEEP STATE NEOCON JOHN BOLTON BOOK PROMOTER

    Know the deceptions of a paid troll HERE (Post #3)



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