know many chinese people and many chinese businessmen and they laugh at the stupidity of our politicians. if china were telling you, straighten up and fly right, get your debt under control, don t lecture us about our currency, what would a secretary or president president trump say and do. i d tax the hell out of them. tax them back to china. i had awful hair back then but enough about me. i m rye retired mayor general jack keane. for all the years we used to talk to each other, donald trump was talking bit his worries, china was the first and for most, rigging currency and rig trade and play fast and loose with the rules, a lack of trust, much more so than he was worried about russia but russia didn t come um much today china didn t come up minute today in the press conference, russia
agreement. that s a good thing. the free trade agreement is not a good thing unless you re into offshoring to panama, which is the only reason to pass that rule. unless you re into rig trade with china. i m not going do give you a pass on all those. as long as you enjoy your smart phone and are using technology products, we re inventing great products here. i have been in those factories. it s not where educated americans want to work. we should be more like germany. high-skilled manufacturing. we haven t attacked the deficit yet. we have to look at that. and we have to go after skilled immigration. we re paying taxpayer money to train people from other countries that come here. we give them ph.d.s and then kick them out. that s not a good strategy to get the best and brightest and create competitors elsewhere. we want to have people here. hold on. i have three other people that would love to talk.
back into gdp. guys, you can profit by harm, by destruction, by exploitation, and there s no incentive for anybody to do anything but, right? there s very little incentive. and why hire somebody to solve your nation s problems when you can simply prosper by extracting from loopholes or benefiting from rig trade or rigged banking policies. the greedy bastards are living large, my friends, while the rest of society deals with the symptoms of their very extraction, low investment in lending and american business. low investment and lending into american infrastructure. record high poverty rates in the history of the census, and massive wealthy inequality, all symptoms of extraction, not capitalism. joining us, leo hindery, former ceo at&t and the yes networks.
well, fresh off an all-time approval rating low of 39%, president obama trading washington for the midwest fired up this three-state bus tour today in minnesota on jobs and the economy. mitt romney calling it the magical misery tour. kind of funny. the rnc coined it the debt and bus tour. that one also pretty clever. mind you, neither party doing anything other than discussing jobs. the only thing republicans seem good at at this point is name-calming the president. those were kind of funny, most of those. no policies. they may tell us we re on the road to recovery, republicans and democrats. it looks much more like they are on the road to re-election. meantime, no one doing anything to address our rig trade with china, our bought tax code, or extractionary bank policies. all of which are the root of the dearth of investment and lending in america which results in no jobs.
up. for those who felt they spent half their day sitting on fifth avenue when what about when you breeze through traffic but don t? change for the parking meter? all over washington, d.c., drivers phone it in by texting payments instead of using coin. if your meeting runs late or decide to stay for another round with the boys, the company park mobile can send you a text to let you know your time is running out so you can beat the meter maid to the punch. you can even pay with the app on your iphone. now if i could just hope they ll move your car tore that ultimate side parking lot on your ipad, sleep in. up next, just because it s called free trade doesn t mean it s fair trade, and these days it probably means it s rig trade to your debt prament. breaking down the deals in the works right now seeking to suck more money out of america.