RWB 55 Martin Sieff: Trillion-Dollar Military Budget Dooms the Trump Presidency

Reality with Bruce de Torres
55 Martin Sieff: Trillion-Dollar Military Budget Dooms the Trump Presidency

Martin Sieff is a senior fellow at the American University in Moscow; former Adjunct Professor of Transnational Threats at Bay Atlantic University; Chief Foreign Correspondent for The Washington Times; Managing Editor, International Affairs, for United Press International, and UPI's chief news analyst for 10 years.

He has written many books, including CYCLES OF CHANGE, a political history of the United States from Thomas Jefferson to Barack Obama. His seminars on American and World History can be found on YouTube, on the channel: Rising Tide Foundation.

Martin has received three Pulitzer Prize nominations for International Reporting. His most recent writings/articles can be found on a site based in Italy called Pluralia.com/en.

We discussed:

Trump’s new trillion-dollar military budget. “It is infantile. It is childish. It is a catastrophe. It dooms the Trump presidency.”

Much of Trump’s chaos is in good causes. The federal government does need to be enormously pruned. But he’s not doing it. Because the biggest budget item is the defense budget. It’s really the Lockheed Martin, Boeing and Northrop Grumman budget for weapons system we will not have for another 20 to 30 years, and even then, they will be delayed for another 20 years, and even then, they will cost 100 times the trillion dollars a year that will go into them now, and even then, they will not work. That is the track record of American weapons systems over the last 30 or 40 years.

Trump and Musk swore they would swing the axe. These are lies. Simple lies.

The Securities and Exchange Commission is essential. It has been hideously understaffed for the last 25 years since the ghastly George W. Bush cut it to the bone and castrated it in 2001. And then his repulsive senior officials who destroyed the SEC got even more fat-cat money which none of them deserved by writing articles for Forbes Magazine and The Wall Street Journal, saying that the SEC could not do its job and had to be cut even further, when they had destroyed it and gutted it in the first place.

Now the same thing is happening to the Food and Drug Administration. All the essential agencies, hundreds of thousands of employees, are being gutted. Millions of families are being impoverished, because Elon Musk loves standing in front of an audience of yahoos waving a chainsaw.

Musk is a smart engineer, but he didn’t foresee that Trump’s tariff maneuvers would hurt Tesla’s stock. He has lost $800 billion dollars in the last four months. Not real money. Stock market money.

With Trump declaring that the military budget will be one trillion dollars, Martin foresees total economic collapse, because Trump is ignoring Wall Street, which ties in with how tariffs were brought in.

Martin is generally a tariffs man, making the case for tariffs very strongly over the last 20 years. The best use of them is to protect American industry from unfair competition, which has destroyed American industry for the past 50 years. Our enemies haven’t done this (Russia, China, etc.). It’s our allies who have done this.

We have allowed unlimited imports from Japan, Korea, China, and the West European nations, including Britain. They all have high tariff barriers to protect their manufactured goods from our exports.

Cycles of Change: The Three Great Cycles of American History, & the Coming Crises That Will Lead to the Fourth - Kindle edition by Sieff, Martin. Politics & Social Sciences Kindle eBooks @ Amazon.com.

Rising Tide Foundation - YouTube

Pluralia - Home