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Just watched a phone interview on Fox with the Donald about what he'd do as president.
--His first order of business would be to "call up OPEC" and tell them that they will now sell us oil for $40 a barrel. He didn't expand on how exactly he'd get them to agree to sell it to us for half of market value, but I assume they'd jump at the opportunity.
--Then, he'd put a 25% tariff on all Chinese goods...seriously. Because trade wars with China are totally awesome and free trade is evil. Don't ask an economist about that.
--Finally, he'd block the German company's purchase of the New York Stock Exchange. "There has to be a regulatory approval process to stop it." That's what you want. A president who will "find" regulatory reasons to block business deals. On what grounds would he stop it? "On the grounds that I don't want foreign countries owning the New York Stock Exchange." I'm sure the presidential power to stop business transactions you "don't want" exists in the constitution somewhere. Right?
I think I'll pass on Donald 2012.
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