‘Let Them Eat Soup’
Possible billionaire Commerce Secretary Wilbur Ross is most-famous for the $600 custom embroidered velvet slippers he wore one year ago to Trump’s speech before a joint session of Congress. Now, he’s famous for something else.
Secretary Ross on Friday tried to sell his aluminum and steel tariffs that President Trump announced Thursday that have caused the markets to tank. And tank they have. The DOW has dropped 600 points over the past two days so far.
Ross took to CNBC and appeared with props: cans of Campbell’s soup, Coke, and Budweiser, holding up the cans and telling consumers the 10 percent tariff on aluminum and 25 percent tariff on steel will have “limited impact,” as the sidebar shows the DOW down 274 points, and growing.
“In a can of Campbell’s Soup, there are about 2.6 pennies worth of steel. So if that goes up by 25 percent, that’s about six-tenths of 1 cent on the price on a can of Campbell’s soup,” Ross said. “I just bought this can today at a 7-Eleven … and it priced at a $1.99. Who in the world is going to be too bothered?”
Here’s U.S. Commerce Secretary Wilbur Ross using cans of soup, beer, and soda to defend steel and aluminum tariffs. pic.twitter.com/XJWw8MoRGo
â€” CNBC (@CNBC) March 2, 2018
Earlier in the day, Ross, who is reportedly worth somewhere between $700 million and several billion dollars, had tried to convince consumers the tariffs which he reportedly pushed Trump into, will have little impact on those buying a $35,000 car.
“Thereâ€™s about ton of steel in a car. The price of a ton of steel is $700 or so, so 25% on that would be one half of 1% price increase on the typical $35,000 car. So itâ€™s no big deal.”
He also called the pushback on the tariffs “false hysteria.”
On social media, Ross was mercilessly mocked.
â€œThe typical $35,000 car.â€
Wilbur Ross: Man Of The People https://t.co/VbIarKVCzo
â€” ian bremmer (@ianbremmer) March 2, 2018
He is that ignorant???? The cost of groceries for a family of 5 will rise by $$$, so will the cost of a car. Come down to “average family level.” They don’t have 30$ or more of extra cash each month!
â€” Denise Wecker-Seipke (@WeckerSeipke1) March 2, 2018
Wilbur Ross, explaining the cost of steel tariffs pic.twitter.com/NObq0cPlFe
â€” Daniel Lin (@danwlin) March 2, 2018
Wilbur Ross provides soup to nuts explanation of Trump administration’s trade proposals.
â€” Jeff Westbrooks (@westbrooksss) March 2, 2018
Even conditional on Well Itâ€™s The Trump Administration, I would not have put my money on â€œWilbur Ross defends tariffs by posing with a Bud tallboy.â€#NotTheOnion #NotPhotoShopped pic.twitter.com/RKVeVNLHLD
â€” Matt Glassman (@MattGlassman312) March 2, 2018
Trump’s billionaire cabinet member Wilbur Ross demonstrates how in touch he is with the ordinary people. https://t.co/l9cDtsMzmI
â€” Keith Boykin (@keithboykin) March 2, 2018
Wilbur Ross: Let them eat soup
â€” John Podhoretz (@jpodhoretz) March 2, 2018
This is a real picture of Wilbur Ross holding up cans. It has not been photoshopped pic.twitter.com/BcSNLk1CXN
â€” Michael Cohen (@speechboy71) March 2, 2018
Wilbur Ross previewing the Trump Administrationâ€™s â€œAmerica Harvest Boxâ€ pic.twitter.com/AWvVp82nPp
â€” Michael Cohen (@speechboy71) March 2, 2018
If asked â€œWhich is the best Muppet?â€ and you answer Swedish chef, gonzo, fozzie, beaker, just know youâ€™re wrong. Itâ€™s Wilbur Ross. And itâ€™s not close. pic.twitter.com/bS6X0RREaR
â€” jdubs (@pettyh8machine) March 2, 2018
Wilbur Ross: “hold my beer, I getting a soup can”
â€” Tbone1819 (@tbone1819) March 2, 2018
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Roger Stone Sought Direct Line to Jared Kushner to Coordinate Wikileaks Dumps
According to testimony from former Trump deputy campaign chairman Rick Gates, Roger Stone told him that Wikileaks had plans to release damaging information on Hillary Clinton during the height of the 2016 presidential campaign. As POLITICO points out, Gates’ testimony at Stone’s trial reveals that the Trump campaign was offered help from Wikileaks earlier than previously thought.
Gates says Stone passed him the info two months before Donald Trump was given the GOP nomination.
“Mr. Stone indicated that WikiLeaks would be submitting or dropping information but no information on dates or anything of that nature,” Gates said. Stone is currently on trial for lying to Congress and obstructing the Russia probe.
Stone also reportedly sought out the contact information of Trump’s son-in-law and adviser Jared Kushner, presumably to inform him about the impending info dump from Wikileaks.
“It was in a way a gift,” Gates testified, later adding the campaign was “kind of in disbelief.”
“We believed that if information were to come out, there were a number of us that felt that it would give our campaign a leg up,” Gates said.
Gates pleaded guilty in February of last year on charges of conspiracy against the U.S. and making false statements to the FBI.
Steve Bannon Testifies Dirty Trickster Roger Stone Was Trump Campaign’s ‘Access Point’ to Wikileaks
Former Trump campaign chairman Steve Bannon testified in court Friday that then-candidate Donald Trump’s advisor and long-time friend Roger Stone was the “access point” to Wikileaks, according to The Hill.
“I think it was generally believed that the access point or potential access point to WikiLeaks was Roger Stone,” Bannon told federal prosecutors in the Washington, D.C. courtroom as Stone faces criminal charges. “I was led to believe he had a relationship with WikiLeaks and Julian Assange.”
Bannon reportedly also testified that Stone was the only access point and had “detailed information” on Wikileaks. He also reportedly testified that he had heard Stone was involved in the release of the emails, according to Vox Senior politics correspondent Andrew Prokop.
NBC News legal analyst weighs in:
Bannon’s testimony is hurting not only Stone but the entire Trump campaign, IMO.
— Glenn Kirschner (@glennkirschner2) November 8, 2019
Former White House National Security Staffer: Ukraine ‘Quid Pro Quo’ Extortion Coordinated by Chief of Staff Mulvaney
Former Special Assistant to the President Fiona Hill, a National Security Council staffer responsible for Russia and Ukraine, testified before Congress that President Donald Trump’s extortion of Ukraine was coordinated by White House Chief of Staff Mick Mulvaney.
“Ambassador Sondland, in front of the Ukrainians, as I came in, was talking about how he had an agreement with Chief of Staff Mulvaney for a meeting with the Ukrainians if they were going to go forward with investigations,” into Joe Biden and Hunter Biden, Hill said, CNN reports, according to the House-released transcript.
Mulvaney, despite a congressional subpoena, refused to testify today.
Hill has worked for the most-recent three presidents.
This is a breaking news and developing story. Details may change. This story will be updated, and NCRM will likely publish follow-up stories on this news. Stay tuned and refresh for updates.
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