Harley-Davidson, once upon a time a darling in Trump’s orbit for making iconic motorcycles in America, has now incurred the wrath of the vindictive Orange man. And how did that happen? Harley exhibited the temerity to behave like a for-profit company whose leaders are charged with fiduciary responsibility to shareholders. It’s a concept a Very Stable Genius businessman should understand and embrace, not vilify.
When the European Union retaliated against Harley and other U.S.-based companies for Trump’s tariffs on their metals and other goods (and who could ever have seen that coming?), Harley indicated that they might have to move production of some motorcycles destined for the EU – to the EU. About one-sixth of Harley-Davidson’s revenue comes from sales of bikes to Europeans – a significant slice that Trump put into serious jeopardy with his “national security” tariffs.
To have a chance at saving that portion of their revenue stream, Harley might have to move the production to avoid the EU tariff that would slap thousands to the cost of American-made bike. That’s not un-American – that’s as American as the Wharton School of Business (as anyone who supposedly attended should know.)
But while Trump was throwing around veiled threats in response to Harley’s supposed disloyalty (“Harley Davidson, please build those beautiful motorcycles in the USA, please, OK? Don’t get cute with us. Don’t get cute.”), his illustrious Treasury Secretary, Steve “the Munchkin” Mnuchin opined as follows: “I can’t possibly understand why Harley would be moving production outside of the United States at this point.”
Really, Steve-o? You can’t possibly understand why a company would make business decisions based on market forces? I guess that’s what makes you one of Trump’s “best people” along with protector of the environment Scott Pruitt and Ejucayshun Secretary Betsy DeVos.
By the way, Trump has to be the first person ever to accuse Harley-Davidson – the preferred supplier to the Hell’s Angels – of being “cute.”
Roe v Trump
Sadly, Trump has another opportunity to put a Neanderthal on the Supreme Court now that Anthony Kennedy has submitted his resignation with the understanding Trump would respect the Justice’s legacy (Kennedy also purchased a stake in the Trump Brooklyn Bridge.)
Of course the Jesus-lovers squirted in their pants (or in some cases, on an altar boy’s face) at the notion that someone who will overturn Roe v. Wade is only moments away from joining the court. Early rumors had it that Trump was planning to nominate Dallas County District Attorney Henry Wade until someone told him he was dead (and on second thought, Trump decided that as Wade was the “loser” in Roe v. Wade, he’d pass.)
One such squirter is Iowa’s Greg Heartsill, a conservative State Representative who has been pushing for a new law in his state that would prohibit abortions after a fetal heartbeat is detected – usually around six weeks into a pregnancy. He hopes the legislation, which was recently signed into law could eventually overturn Roe v. Wade.
Heartsill said, “What we are asserting in Iowa with this legislation is that if you have a heart beat you have a life, and if you have a life the government is bound by the constitution to protect that life and ensure equal protection under the law.”
Curiously, Greg carves out an exception for certain people with a heartbeat – criminals deserving of the death penalty for crimes that Greg deems sufficiently evil. Iowa hasn’t had the death penalty for 50 years, but Heartsill thinks it’s time to bring ‘er on back. “This is not just a matter of justice for the victims’ families, it’s about putting another tool in the toolbox of law enforcement, because the death penalty has been used as a huge bargaining chip,” sayeth Heartsill.
And as Heartsill – the protector of beating hearts in the heartland – is the consummate public servant, it’s not a surprise that he also is introducing legislation mandating lethal injection by ethanol. If it that fails to snuff the perp, Heartsill calls for death by corndog.
Kudlow the anti-Nostradamus
Larry Kudlow, Trump’s economic adviser, former TV personality and the man who has been wrong about everything, made this bogus claim the other day: “The deficit, which was one of the other criticism, is coming down, and it’s coming down rapidly.”
Sorry, Larry – wrong again. And this time you’re so wrong that it took the average mental midget 4 seconds to prove it. The Congressional Budget Office just published a report on the subject and it more or less (OK, more) refutes Carnak Larry.
At this point, traders listen to Larry and invest against him with 100% confidence, knowing that he can’t even predict yesterday’s weather.