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ICE at Hyundai Plant and Economic Re-Privatization Under Trump
ICE's presence at the Hyundai plant yesterday led to undocumented workers fleeing, BKP speculated about unionization. Amidst claims of economic recovery, inflation was mismanaged. The Trump administration, with new Treasury Secretary Scott Bessent, aims to re-privatize the economy, reducing government roles and spending. Bessent's approach includes addressing government fraud and inefficiency, with early signs of corporate response to Trump's tariff policies, like Nissan considering relocating from Mexico to the U.S.
ICE showed up at the Hyundai plant and the illegals scattered. BKP prediction is the AJC will report that someone will say maybe this is a call to unionize the Hyundai plant.
Remember Janet Yellen continued to tell you as inflation was scoring out of control that inflation was transitory. Everything was out of control, inflation, interest rates, DEI, NGOs, etc and they wanted to tell you that the economy was ok and that we had the strongest recovery from COVID. No other country flushed the economy with money to inorganically grow the economy. As the election approached we were hitting our inflation target, but no mention of the additional inflation that was baked in. Nothing was real. All the lies telling you the economy was good.
Trump is a mastermind on the tariffs. Now Scott Bessent, Sec Treasury, was confirmed because he has the resume necessary to be secretary of Treasury. Now he has gone over to Ukraine to sit with Zelensky. The American people don’t care if Zelensky is at the table because we know that he is a crook and has been stealing from the American people. He was installed when the Deep State pulled a coup.
Bessent said something on Bret Brier that pulled all this together. The Trump administration is going to re-privatize the economy. Fewer government jobs and more private sector jobs and reel in government spending. Bessent understands the economy and supply and demand. Remember Ronald Reagan said that we have inflation not because the people are living well it is because the government is living well. The economy does not turn because Congress passes a bill. We know that bureaucracy is over-bloated. The only way to turn the economy around is doing exactly what Trump is doing. We have only had 30 days since Trump took office and look at the changes.
There are crooks in the government and they need to go to jail. Bessent reporting that there is fraud in the government. The deep state is saying to take a scalpel to the bureaucracy. But we have no choice but to tear these agencies down. The Trump administration is not going to do anything at the risk of harming American people. We are hearing about the amount of fraud in the SSA. You do not have to worry about medical or SSA checks.
Everything is happening because we have to correct the economy. There were some agencies that started to protect consumers. They had the right intention but they became corrupt. So once we get these bureaucracy torn down, get these tax cuts put in place and turn the economy into a privatized economy. The cash will start flowing.
Reports are that Niassan is thinking about moving a plant from Mexico to the US in order to avoid tariffs.
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