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By Tyler Durden

With Carrier setting the precedent for what future negotiations with the Trump administration may look like, Ford CEO Mark Fields has come forward to layout potential policy changes that would be important to preserving auto jobs in the United States. Not surprisingly, per an interview with Bloomberg, Fields’ opening “ask” focused on less restrictive fuel economy standards, new currency-manipulation rules to promote free and fair trade and corporate tax reform.

Ford Motor Co. was a target of Donald Trump’s criticism on the campaign trail for building cars in Mexico, and now that Trump will be president, Ford said it’s willing to work with him to keep jobs in the U.S. — provided Trump puts the right policies in place, according to the automaker’s chief executive officer.

“We will be very clear in the things we’d like to see,” Mark Fields said in an exclusive interview Friday at Bloomberg offices in Southfield, Michigan.

Among them, according to Fields: currency-manipulation rules to promote free and fair trade, tax reform and safety guidelines for autonomous vehicles.

Fields said that Ford plans to lobby the new president to soften U.S. and state fuel-economy rules. They hurt profits by forcing automakers to build more electric cars and hybrids than are warranted by customer demand, he said.

“In 2008, there were 12 electrified vehicles offered in the U.S. market and it represented 2.3 percent of the industry,” Fields said in the interview. “Fast forward to 2016, there’s 55 models, and year to date it’s 2.8 percent.”

Of course, Ford was a frequent target of Trump’s during the 2016 campaigning cycle after they announced plans to move their small car production to a new facility in Mexico. That said, Fields noted that Trump’s policies “in terms of his economic policies, whether it’s tax reform or otherwise” have already gone a long way toward influencing Ford’s decision to maintain the production of the Lincoln MKC at a plant in Louisville, KY.

After the Nov. 8 election, Trump phoned Executive Chairman Bill Ford to discuss the carmaker’s plan to move manufacture of the Lincoln MKC sport utility vehicle to Mexico from a plant in Louisville, Kentucky, Fields said. The discussion helped convince Ford to keep building the Lincoln in the U.S.

Trump influenced the decision “because of what he’s talking about in terms of his economic policies, whether it’s tax reform or otherwise,” Fields said.

As our readers are certainly aware, North American auto OEMs and their tier 2 suppliers have been in a race to move auto production across borders to low-cost countries (LCCs) for the past couple of decades as soaring wages, pension and OPEB obligations, high taxes and punitive regulations have made production in the U.S. all but impossible.

Of course, the groundwork for the shift of auto production to Mexico was laid with the passage of NAFTA in 1993 by former President Bill Clinton (a fairly inconvenient fact that Hillary probably regrets pretty heavily right now). Since then, Mexico has …read more

Source: Ford CEO Expresses Interest In Working With Trump; Says Less Regulation Is Key To Saving U.S. Jobs

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By Tyler Durden

The majority of people are sick of the status quo and feel they have been “abandoned by their leaders,” writes renowned physicist Stephen Hawking in a recent Guardian op-ed warning that the rise of Donald Trump and Britain's Brexit vote come at “the most dangerous time in the history of the human race.”

Having previously referred to the president-elect as “a demagogue who seems to appeal to the lowest common denominator,” Hawking appears to blame the ignorance of the people for Trump's victory…

“It was, everyone seems to agree, the moment when the forgotten spoke, finding their voices to reject the advice and guidance of experts and the elite everywhere.

“For me, the really concerning aspect of this is that now, more than at any time in our history, our species needs to work together,” he added.

As RT notes, Hawking says the world is facing crippling challenges, including climate change, food production, overpopulation, the decimation of other species, epidemic disease and acidification of the oceans.

“Together, they are a reminder that we are at the most dangerous moment in the development of humanity.

“We can do this [overcome the challenges], I am an enormous optimist for my species; but it will require the elites, from London to Harvard, from Cambridge to Hollywood, to learn the lessons of the past year. To learn above all a measure of humanity.”

“We now have the technology to destroy the planet on which we live, but have not yet developed the ability to escape it.

“Perhaps in a few hundred years, we will have established human colonies amid the stars, but right now we only have one planet, and we need to work together to protect it.”

And finally, Hawking also warned that artificial intelligence and increasing automation is going to decimate middle class jobs and worsen inequality, and risks creating significant political upheaval.

“The automation of factories has already decimated jobs in traditional manufacturing, and the rise of artificial intelligence is likely to extend this job destruction deep into the middle classes, with only the most caring, creative or supervisory roles remaining.

“With not only jobs but entire industries disappearing, we must help people to retrain for a new world and support them financially while they do so,” he added.

Still there is some good news. Hawking notes “we could find aliens within a generation”…

Which as we previously noted would be a boom for the global economy according to Krugman.

…read more

Source: This Is The "Most Dangerous Moment In Human History," Stephen Hawking Warns

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By Tyler Durden

A few weeks ago we wrote about “The Mysterious Case Of Jill Stein’s Surging Recount Costs.” Within that post we noted that each time Stein got close to reaching her stated fundraising goal, new costs would mysteriously surface causing her to raise her targets higher and higher. After starting with a total fundraising goal of just $2.5mm on November 24th, Stein’s fundraising target ballooned to $7.0mm by the very next day as funds poured in from disaffected Hillary supporters.

Now, as Jill approaches her latest $7mm target she has decided to move the goal posts once more by raising her “goal” to $9.5mm. Meanwhile, like in the past, Stein attributed the incremental cash needs to higher costs…this time courtesy of higher than expected recount fees from the state of Wisconsin.

That said, disaffected Hillary supporters all over the country have seemingly caught on to the Jill Stein fundraising scam. After donations poured into her recount effort from depressed Hillary voters who were briefly given renewed hope of a shot at the White House, America’s snowflakes have seemingly caught on to Stein’s fundraising scam as donations have all but ceased in recent days.

Meanwhile, for those of our readers who still aren’t quite convinced they would like to donate, Stein has also posted this motivational plea for help to her fundraising page.

So, to all of the disaffected Hillary snowflakes that still haven’t made peace with your loss, Jill Stein is begging you to borrow just a little more money from your parents so she might continue to fund her vanity effort for just a few more days…

* * *

For those who missed it, here is what we wrote last week about Stein’s mysteriously surging recount costs.

Just yesterday we noted that Jill Stein was acting on behalf of Hillary Clinton to raise money for recounts in Wisconsin, Michigan and Pennsylvania. As we noted then, we continue to be astonished by the amount of money flowing into the fundraising campaign and would love to see which of Hillary’s mega donors have spent the most on the effort…somehow we suspect this isn’t just a “grassroots organizing” effort as Stein described it.

So, in less than 1 day, Jill Stein raised over $3mm, which is more than the $2mm needed to force a recount in Wisconsin. While she attributed the accomplishment to “the power of grassroots organizing,” we would tend to be a little more skeptical and would love to see exactly where those donations came from. Then again, maybe we’re wrong and there really are just that many disaffected snowflakes out there willing to blow their money on an extreme long shot.

But, today a new mystery has emerged in Stein’s fundraising efforts. Apparently, the more money she raises the more expensive the recount effort becomes. Courtesy of the Wayback Machine we have the following snapshots from her fundraising page over the past …read more

Source: Jill Stein Raises Fundraising Goal Again To $9.5MM – Almost 4 Times Her Initial Target

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By TDB

Via The Daily Bell

Kentucky Senator Rand Paul has been on the warpath when it comes to President-elect Donald Trump’s secretary of state picks. He’s not been one to hold back commentary about former ambassador to the U.N. John Bolton, calling him a “menace,” and vowing that if Trump decided to go with Bolton, the Senator would gather the necessary votes to stop it. -The Blaze

As we can see from the above article excerpt, Rand Paul has made strong public comments about Trump’s pick for secretary of state. But he hasn’t been nearly so outspoken about the “fake news” debate.

This is especially startling given that his own father has been mentioned as a proponent of fake news as part of a larger list of non-mainstream media websites. Additionally, he could have spoken out about legislation just passed by the House that, if passed by the Senate and signed by the President, could generate increased scrutiny of the alternative media, presumably including his father.

ZeroHedge reported the following:

On November 30, one week after the Washington Post launched its witch hunt against “Russian propaganda fake news”, with 390 votes for, the House quietly passed “H.R. 6393, Intelligence Authorization Act for Fiscal Year 2017”, sponsored by California Republican Devin Nunes (whose third largest donor in 2016 is Google parent Alphabet, Inc), a bill which deals with a number of intelligence-related issues, including Russian propaganda, or what the government calls propaganda, and hints at a potential crackdown on “offenders.”

The idea is that “fake news” is being promoted by Russia via various Western and especially US websites. Supposed lists have been released of these websites including one famously that has some 200 names on it, mostly involving the alternative media that is in the midst of displacing the mainstream media when it comes to influence and credibility.

Some of these websites are among the largest and most influential in the country and include TheDrudgeReport.com and an Institute dedicated to peace and prosperity founded by Rand Paul’s father, famous libertarian and former congressman Ron Paul.

Ron Paul at one point in his political career was seen as a serious contender to become the GOP candidate for president. However, raising his profile and educating people about classical economics and republicanism was obviously an overriding goal.

But now his educational efforts may eventually be jeopardized given the inclusion of his Institute in a prominent list accusing him of knowing or unknowing support for Russian political and military goals.

Ron Paul himself has issued statements regarding “fake news.” An Internet search turns up the following:

• REVEALED: The Real Fake News List – Ron Paul Liberty Report … www.ronpaullibertyreport.com/archives/revealed-the-real-fake-news-list Nov 19, 2016 – We’ve seen the make-shift “fake news” list created by a leftist feminist professor. Well, another fake news list has been revealed and this one …

• Ron Paul destroys The Washington Post and its “fake news” reporting theduran.com/ron-paul-destroys-the-washington-post-and-its-fake-news-reporting/ 6 days ago – Ron Paul speaks …read more

  Source: Will Rand Paul Fight Fake News With a Filibuster?

      

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