How Donald Trump Ditched U.S. Steel Workers in Favor of China

[Bill USA]

http://www.newsweek.com/how-donald-trump-ditched-us-steel-workers-china-505717

Plenty of blue-collar workers believe that, as president, Donald Trump would be ready to fight off U.S. trade adversaries and reinvigorate the country’s manufacturing industries through his commitment to the Rust Belt. What they likely don’t know is that Trump has been stiffing American steel workers on his own construction projects for years, choosing to deprive untold millions of dollars from four key electoral swing states and instead directing it to China—the country whose trade practices have helped decimate the once-powerful industrial center of the United States.

A Newsweek investigation has found that in at least two of Trump’s last three construction projects, Trump opted to purchase his steel and aluminum from Chinese manufacturers rather than United States corporations based in states like Pennsylvania, Ohio, Michigan and Wisconsin. In other instances, he abandoned steel altogether, instead choosing the far-less-expensive option of buying concrete from various companies, including some linked to the Luchese and Genovese crime families. Trump has never been accused of engaging in any wrongdoing for his business dealings with those companies, but it’s true that the Mafia has long controlled much of the concrete industry in New York.

Throughout his campaign, Trump has maintained that some controversial decisions for his companies amounted to nothing more than taking actions that were good for business, and were therefore reflections of his financial acumen. But, with the exception of one business that collapsed into multiple bankruptcies, Trump does not operate a public company; he has no fiduciary obligation to shareholders to obtain the highest returns he can. His decisions to turn away from American producers were not driven by legal obligations to investors, but simply resulted in higher profits for himself and his family.

Of Trump’s last three construction projects, the first to use Chinese steel was Trump International Hotel Las Vegas, which opened in 2008. That the manufacturer is from China is not immediately evident; this fact is hidden within a chain of various corporate entities, including holding companies registered in the British Virgin Islands. That micro-state is a popular site for obscure off-shore entities that exist only on legal documents, limiting the potential liability of real businesses while obscuring their true owners.
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[Dark n Stormy Knight]

1. Has there been a more Orwellian candidate?

This is the Make America Great Again guy? Really, people believe that? Despite everything? Seriously?! How stupid must his supporters be?!!

[Bill USA]

2. considering what a total fraud this ass-hole is, it's truly astounding how many say they will vote

for this bag of gas (bowel gas).

[Dark n Stormy Knight]

3. And so many of them are exactly like the people he has so gleefully

fucked over with his greedy, sleazy ways. I will never understand.

[Yo_Mama_Been_Loggin]

4. But he's a good 'mer'can

He's says all the racist shit the teabaggers have always said