Gary O'Donoghue
๐ค PersonAppearances Over Time
Podcast Appearances
Now you're getting into an era where, you know, this is about deals and about the national, purely the national interest, about perhaps pulling up the drawbridge a bit, unless people, you know, want to do something that's strictly beneficial to the US. And that is what America First is all about.
Well, I think he's probably obliged to defend Greenland whether or not he owns it or not because it's, you know, part of Denmark, which is a NATO member. So, yeah, I don't really know. I mean, don't forget Donald Trump has already raised the prospect of not coming to European countries' aid if they were attacked by Russia. He's already dangled that idea ofโฆ
Well, I think he's probably obliged to defend Greenland whether or not he owns it or not because it's, you know, part of Denmark, which is a NATO member. So, yeah, I don't really know. I mean, don't forget Donald Trump has already raised the prospect of not coming to European countries' aid if they were attacked by Russia. He's already dangled that idea ofโฆ
of reneging on Article 5 obligations, as they're called, under the NATO treaty. So he seems prepared to disrupt in that way in a fairly radical sense. And the irony, of course, is the only time Article 5 has ever been invoked was after September 11th.
of reneging on Article 5 obligations, as they're called, under the NATO treaty. So he seems prepared to disrupt in that way in a fairly radical sense. And the irony, of course, is the only time Article 5 has ever been invoked was after September 11th.
It would be probably pretty rapid. There's only 57,000 people. I shouldn't laugh at Greenland. And it's โ although I did read something that said, you know, you can โ that New York restaurateurs would be very happy because the sort of deep water fish that could be caught and flown to New York restaurants in four hours would please their diners a lot.
It would be probably pretty rapid. There's only 57,000 people. I shouldn't laugh at Greenland. And it's โ although I did read something that said, you know, you can โ that New York restaurateurs would be very happy because the sort of deep water fish that could be caught and flown to New York restaurants in four hours would please their diners a lot.
The problem with this, of course, is that the cartels don't just do drugs. They're involved in all parts of the Mexican economy. The connections between the U.S. economy and Mexican economy are huge. The trading goods across the border is massive. And so this could have a real chilling effect on U.S. businesses who think it's just too risky.
The problem with this, of course, is that the cartels don't just do drugs. They're involved in all parts of the Mexican economy. The connections between the U.S. economy and Mexican economy are huge. The trading goods across the border is massive. And so this could have a real chilling effect on U.S. businesses who think it's just too risky.
We have no idea of finding out whether this group or this company or this factory has any connection to Ocarto. So we better not do it. And then also there's this question of Mexican migrant workers who come into Texas and other places like that seasonally and send money back home. That's billions of dollars a year, apparently billions and billions of dollars a year in remittances.
We have no idea of finding out whether this group or this company or this factory has any connection to Ocarto. So we better not do it. And then also there's this question of Mexican migrant workers who come into Texas and other places like that seasonally and send money back home. That's billions of dollars a year, apparently billions and billions of dollars a year in remittances.
Now, the companies that organize those remittances, the PayPal's or the Western Union's, Do they know where that money is being wired back to? Do they know that that person is being wired back to doesn't have some connection with a cartel? So all these things could really sort of clog up. the free flow of money and trade and business across the border, which is advantageous to both countries.
Now, the companies that organize those remittances, the PayPal's or the Western Union's, Do they know where that money is being wired back to? Do they know that that person is being wired back to doesn't have some connection with a cartel? So all these things could really sort of clog up. the free flow of money and trade and business across the border, which is advantageous to both countries.
So the implications are huge on this one. Other administrations have thought about it before and thought too complicated. And, of course, there are existing laws, which means if you start doing business with these cartels, then your assets can be seized. It's not that there's nothing on the statute book for this, but this is much, much broader.
So the implications are huge on this one. Other administrations have thought about it before and thought too complicated. And, of course, there are existing laws, which means if you start doing business with these cartels, then your assets can be seized. It's not that there's nothing on the statute book for this, but this is much, much broader.
I mean, he promised to end the war in Ukraine on day one. That hasn't happened, obviously. He believes there has to be a negotiated settlement, as I think most people do. What that looks like and how it's brought about, we're not yet clear on. And he's not yet made it clear how he plans to do that. His oil obsession is interesting, I think, because
I mean, he promised to end the war in Ukraine on day one. That hasn't happened, obviously. He believes there has to be a negotiated settlement, as I think most people do. What that looks like and how it's brought about, we're not yet clear on. And he's not yet made it clear how he plans to do that. His oil obsession is interesting, I think, because
Wanting to bring the price of oil down and putting pressure on OPEC, it's difficult to see how that would influence the outcome in Ukraine. But what it would definitely do is make drilling in the U.S. in certain places less viable. He wants people to drill, baby, drill.
Wanting to bring the price of oil down and putting pressure on OPEC, it's difficult to see how that would influence the outcome in Ukraine. But what it would definitely do is make drilling in the U.S. in certain places less viable. He wants people to drill, baby, drill.
Well, if the oil price is cheaper, then it becomes less economic to do it in difficult places in West Texas or Alaska or wherever. So I'm not quite sure whether he's thought that one absolutely through. But the question of ending the war in Ukraine is we still just don't know what his plan is on that.