Left-of-center Bloomberg provided these pull-quotes from Attorney General William “Bill” Barr’s speech today that spent considerable time focusing on Communist China.
– “The ultimate ambition of China’s rulers isn’t to trade with the United States; it is to raid the United States.”
– “As its ruthless crackdown of Hong Kong demonstrates once again, China is no closer to democracy today than it was in 1989.”
Attorney General William Barr said China’s goal is to “replace” American businesses as global leaders, that “win-win in China means China wins twice,” and attacked the “fundamental character” of the Chinese Communist Party (CCP) at a speech at the Gerald R. Ford Presidential Museum in Grand Rapids, Michigan.
Before pressing ahead, let’s note that some members of the Trump Administration, in the White House, and the Trump campaign are well aware of the various methods that can be used to persuade or influence people. That’s not a left-thing, or a right-thing. Campaign emails from Democrats have different talking points than those from Republicans.
But both are doing some things similarly.
That said, what is necessary or useful for thinking people willing to consider other’s thoughts is to separate the wheat from the chaff. Regardless of the source, what is true, what is not, what is spin, what is cheerleading or hype?
For over a year, MHProNews has spotlighted the quote “The system is rigged.” Senators Bernie Sanders, Elizabeth Warren and President Trump are among numbers of others across the left-right divide that have used those exact words and/or words very similar to them.
Rephrased, there is little doubt that the system is rigged.
The questions ought to be, who has rigged the system?
How has the system been rigged?
How can it be unrigged?
A.G. Barr, said author Michael Pillsbury on right-of-center Fox Business, is a China expert who used to work for the CIA and speaks some Mandarin. Pillsbury said that his speech today was a blockbuster. It calls out not only China, but those American businesses that freely align with China.
With that backdrop, following the left-right bullet headlines tonight from CNN and Fox, some quotable quotes, and two of our three market summaries at the closing bell is our featured focus this evening. The manufactured housing specific stocks and those firms with significant interests in manufactured homes and communities follows the featured focus, the recent and related reports, near the end of this business-nightly report.
Quotes That Shed Light – American Social, Industry, National Issues…
Headlines from left-of-center CNN Business (Notice: typos below are in the original)
- The tip of the iceberg
- The Twitter Inc. logo is displayed outside the company’s headquarters in San Francisco, California, U.S., on Thursday, Feb. 8, 2018. Twitter Inc. soared the most since its market debut in 2013 after it posted the first revenue growth in four quarters, driven by improvements to its app and added video content that are persuading advertisers to boost spending on the social network.
- Twitter’s massive hack could be even worse than it seems
- Mortgage rates fall below 3% for fist time ever
- Netflix names Ted Sarandos co-CEO as stock takes a tumble on soft guidance
- Why JCPenney isn’t going out of business — yet
- Watch this hacker trick a CNN reporter
- Thousands of companies will have to find new ways of transferring data from Europe to the US
- These electric car startups are looking to take on Tesla
- Fiat Chrysler and PSA Group will have a new name: Stellantis. Yes, it’s dumb
- Space tourism company Virgin Galactic hires ex-Disney exec as CEO
- American Airlines and JetBlue are teaming up
- Sunrise over the fields at McClendon’s Select Goodyear, AZ farm.
- A nightmare scenario for farmers is happening right now
- Jordan Mcelroy is an intern at Dell this summer. The company moved its summer intern program completely online this year.
- This is what internships look like in a remote world
- A man wearing a face mask looks at the skyline of the central business district (CBD) from a park in Beijing on May 23, 2020.
- Opinion: This is what awaits us after the pandemic
- MARKETS
- PLANET-FRIENDLY INNOVATIONS
- Red Angus cows and calves after feeding on Martin Davis's ranch on April 21, 2020 in Paradise Valley near Livingston, Montana.
- Burger King’s latest sustainability effort: reduce cow farts
- KFC will sell plant-based fried chicken in these cities
- Johnnie Walker whisky will come in paper bottles
- Chipotle is testing out cauliflower rice
- Nissan unveils its first electric SUV, the Ariya
- THE DEBATE AROUND MASKS
- Marc Benioff, billionaire and co-founder and chief executive officer of Salesforce.com Inc., pauses during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 – 24.
- Salesforce CEO: People not wearing masks should be fined
- CVS and Target will require masks in US stores
- Walmart and Kroger make masks mandatory
- Starbucks will require customers to wear masks
- Delta CEO says US should issue a federal mask mandate
Headlines from right-of-center Fox Business
- Trump’s deregulatory efforts will add $3,100 to household incomes, administration saysMONEY IN THE BANK
- INDUSTRIES
- Trump’s deregulatory efforts will add $3,100 to household incomes, administration says
- The White House claims it is cutting seven regulations for every one implemented.
- Stocks tumble as techs slide and job losses top 51M
- POLITICS
- New AOC push could give billionaires another reason to flee New York
- Cuomo deals another blow to restaurants on life support in New York
- REAL ESTATE
- 30-year fixed mortgage rate drops below 3% for first time
- TECHNOLOGY
- Trump’s team working with Twitter to ensure security after massive hack attack
- 09%
- Twitter employee involved in mass hacking: Report
- OPINION
- Biden’s climate plan is a disaster for American workers
- BROAD DAYLIGHT HEIST
- MONEY
- How much money was stolen in Twitter hacks?
- COVER UP!
- DISNEY
- Disney World comes up with a novel way to enforce mask policy
- DECOUPLING IMMINENT?
- CHINA
- Barr says US now overly reliant on Chinese goods, services
- JOBS DROP OFF
- ECONOMY
- These 5 states worst hit by recent wave of unemployment claims
- MADE IN AMERICA
- REAL ESTATE
- Jason Aldean, Brittany Aldean show off custom-built Tennessee home
- STORM BREWING
- NFL
- Redskins hire attorney to probe ‘allegations of workplace misconduct’
- ‘I’VE BEEN DISCRIMINATED AGAINST’
- FOOD & DRINKS
- California ‘Karen’ wants half of $100K raised for Starbucks barista
- TRAVEL TEAM
- AIRLINES
- American, JetBlue partner as virus weighs on air travel demand
- TWO REFUNDS?
- MONEY
- You may be in line for 2 separate payments this year. Here’s why.
- BUY THE LOOK
- SOCIAL MEDIA
- Instagram releases new shopping feature with recommendations, trends
- BOAT SALES MOTORING
- LIFESTYLE
- Boat sales surge amid coronavirus pandemic
- HEIRESS FUMES
- CORONAVIRUS
- Abigail Disney slams Disney World reopening as coronavirus spreads
- ‘LIKE A DRUNKEN MONARCH’
- POLITICS
- Lawyer for Minnesota small business group blasts governor
- ROBO BURGERS
- TECH
- White Castle tests robot chef ‘Flippy’
- BUY LOW, SELL HIGH
- MARKETS
- Retail investors snapping up stocks amid volatility: Charles Schwab
- RETAIL
- Macy’s paid $9M in bonuses to top executives after slashing 3,900 jobs
- TECHNOLOGY
- TikTok responds to Kudlow’s suggestion it could operate as U.S. company
- MONEY
- How the CARES Act changed deductions for charitable gifts
- AIRLINES
- Spirit employees battered in fight over delayed flight
- LIFESTYLE
- Tom Cruise’s ‘Top Gun’ helmet, Alfred Hitchcock’s ‘Vertigo’ camera up for auction
- MONEY
- Social Security benefits have lost 30% of their value in the past two decades. Here’s why
- LIFESTYLE
- As coronavirus cases spike, CVS, Target to make coronavirus face coverings mandatory at all locations
- REAL ESTATE
- ‘Golden Girls’ house hits market for $3M
- ECONOMY
- Another 1.3M Americans filed for unemployment aid last week amid uneven coronavirus recovery
- MONEY
- Delta Air Lines has ‘real shot’ at avoiding layoffs, furloughs: CEO
- PERSONAL FINANCE
- NYC could face significant tax revenue losses over remote work
- ENTERTAINMENT
- Kanye West files 2020 forms, knocking down reports he had dropped out of race
- LIFESTYLE
- Mary Trump book already nearing 1 million sales
- MARKETS
- Norwegian Cruise Line seeks $1.175B to navigate coronavirus
- ECONOMY
- European Central Bank hits pause on stimulus, urges leaders to act on economy
- EARNINGS
- Bank of America earmarks $4B for coronavirus loan defaults
- MARKETS
- Domino’s Pizza sales surge amid coronavirus lockdowns
- MARKETS
- Johnson & Johnson profit dives 35% as coronavirus zaps sales of beauty products, medical devices
- VIDEO
- Apps like Robinhood impacting markets in ‘huge way’: Mohamed El-Erian
- POLITICS
- NRA endorses Trump, says he ‘delivered’ on promise to protect Second Amendment
- Barr says US now overly reliant on Chinese goods, services
- JOBS DROP OFF
- ECONOMY
- These 5 states worst hit by recent wave of unemployment claims
- MADE IN AMERICA
- REAL ESTATE
- Jason Aldean, Brittany Aldean show off custom-built Tennessee home
- STORM BREWING
- NFL
- Redskins hire attorney to probe ‘allegations of workplace misconduct’
- ‘I’VE BEEN DISCRIMINATED AGAINST’
- FOOD & DRINKS
- California ‘Karen’ wants half of $100K raised for Starbucks barista
- TRAVEL TEAM
- AIRLINES
- American, JetBlue partner as virus weighs on air travel demand
- TWO REFUNDS?
- MONEY
- You may be in line for 2 separate payments this year. Here’s why.
- BUY THE LOOK
- SOCIAL MEDIA
- Instagram releases new shopping feature with recommendations, trends
- BOAT SALES MOTORING
- LIFESTYLE
- Boat sales surge amid coronavirus pandemic
- HEIRESS FUMES
- CORONAVIRUS
- Abigail Disney slams Disney World reopening as coronavirus spreads
- ‘LIKE A DRUNKEN MONARCH’
- POLITICS
- Lawyer for Minnesota small business group blasts governor
- ROBO BURGERS
- TECH
- White Castle tests robot chef ‘Flippy’
- BUY LOW, SELL HIGH
- MARKETS
- Retail investors snapping up stocks amid volatility: Charles Schwab
- RETAIL
- Macy’s paid $9M in bonuses to top executives after slashing 3,900 jobs
- TECHNOLOGY
- TikTok responds to Kudlow’s suggestion it could operate as U.S. company
- MONEY
- How the CARES Act changed deductions for charitable gifts
- AIRLINES
- Spirit employees battered in fight over delayed flight
- LIFESTYLE
- Tom Cruise’s ‘Top Gun’ helmet, Alfred Hitchcock’s ‘Vertigo’ camera up for auction
- MONEY
- Social Security benefits have lost 30% of their value in the past two decades. Here’s why
- LIFESTYLE
- As coronavirus cases spike, CVS, Target to make coronavirus face coverings mandatory at all locations
- REAL ESTATE
- ‘Golden Girls’ house hits market for $3M
- ECONOMY
- Another 1.3M Americans filed for unemployment aid last week amid uneven coronavirus recovery
- MONEY
- Delta Air Lines has ‘real shot’ at avoiding layoffs, furloughs: CEO
- PERSONAL FINANCE
- NYC could face significant tax revenue losses over remote work
- ENTERTAINMENT
- Kanye West files 2020 forms, knocking down reports he had dropped out of race
- LIFESTYLE
- Mary Trump book already nearing 1 million sales
10 Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Featured Focus –
Where Business, Politics and Investing Can Meet
For several weeks, President Donald J. Trump has made it no secret that he is “not happy with China.” More recently, he said that he is not seeking a phase two trade deal.
But today’s speech by Attorney General William “Bill” Barr is arguably the strongest indication yet that the U.S. is either moving toward a break of trade with China and/or is trying to signal its own businesses to realize that they better pull out while they can before such a formal statement is made.
What left-of-center Bloomberg thought was a key part of today’s speech is found in their video linked below.
Centrist The Hill provided this video of the full AG Barr address earlier today, 7.16.2020.
What Fox Business thought were the top lines follow.
WASHINGTON — The United States has become overly reliant on Chinese goods and services, including face masks, medical gowns, and other protective equipment designed to curb the spread of the coronavirus, Attorney General (AG) William “Bill” Barr said Thursday.
Barr accused hackers linked to the Chinese government of targeting American universities and businesses. Their stated goal is to steal research related to vaccine development, leveling that allegation against Beijing hours after Western agencies made similar claims against Russia.
Barr’s address at the Gerald R. Ford Presidential Museum in Grand Rapids, Michigan, is part of a growing move by the Trump administration to denounce China for their failure to warn the U.S. and the world about the true threat from the Wuhan China originated virus, which is required by their membership in the World Health Organization (WHO).
President Donald Trump is trying to beat back criticism of his handling of the coronavirus pandemic and the U.S. economic downturn that followed by shifting the blame back onto Beijing. In doing so, he is also asserting that he is tougher on China than Democratic rival Joe Biden was during the Obama-Biden administration.
“The People’s Republic of China is now engaged in an economic blitzkrieg — an aggressive, orchestrated, whole-of-government (indeed, whole-of-society) campaign to seize the commanding heights of the global economy and to surpass the United States as the world’s preeminent superpower,” Barr said.
FBI Director Chris Wray detailed said the FBI was opening a counterintelligence investigation related to China about every 10 hours.
Barr’s speech amounted to a wide-ranging condemnation of what he said were Beijing’s tactics to gain an economic upper hand in the 21st century and to pressure American corporate leaders to promote policies favorable to the Communist government.
Barr warned that American business leaders could run afoul of federal foreign lobbying laws if they do not disclose relationships with Beijing. He also said that universities that welcome Chinese-funded initiatives could unwittingly lose control of academic research.
Hollywood, too, has succumbed to influence from Beijing, Barr said, accusing filmmakers of censoring themselves in line with Chinese propaganda.
One known example of that trend is in the not-yet-released sequel to Top Gun.
“Globalization does not always point in the direction of greater freedom. A world marching to the beat of Communist China’s drums will not be a hospitable one for institutions that depend on free markets, free trade, or the free exchange of ideas,” Barr said.
President Trump’s relationship with China was described by Fox as “complicated.” That is certainly accurate, but why it complex is arguably better explained by the various internal American voices that press Washington for no or as little change in policy toward China as possible. That influence reaches members of both major parties.
While Russia has more nuclear weapons, China has more economic power.
Their military might has been rising in recent years, due in good measure to their growing wealth from selling products to Western nations, the U.S. and others.
See the related reports for more on China and other big business related stories.
Related, Recent, and Read Hot Reports
Warren Buffett Declared “Class Warfare,” Buffett Says Fellow Billionaires – “We’re Winning”
Manufactured Housing Industry Investments Connected Closing Equities Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
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- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
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Summer 2020…
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHLivingNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.
