Regarding the Fed, Trump said that the central bank has created "a false stock market" and should be ashamed of what they're doing to the country.

Trump unwittily complimented former congressman and presidential candidate Ron Paul, who was an anti-establishment politician long before it was hip to be anti-establishment.

Paul had warned repeatedly about the economic destruction that would be wrought by the Federal Reserve's bank bailouts, bond purchases, and Keynesian lunacy.  (He also was prescient in his assessment that our foreign policy and military actions would be self-defeating, by generating blowback, destabilizing the Middle East, weakening our military, and bringing the federal deficit to a dangerous level.)

Naturally, Paul was mischaracterized as a kook by the political, government, media, and Wall Street establishments.   However, at best, his critics were economic ignoramuses; at worst, lunatics.

Too harsh for you?  Well, only ignoramuses or lunatics would attempt to justify the Fed's actions.

The Fed's bond buying and zero interest rate policy (ZIRP) has robbed savers, enriched Wall Street arbitrageurs, left pensions underfunded, caused malinvestments in certain asset classes, accelerated the decline of Main Street and the working class, incented corporations to juice earnings per share by buying back their own stock with cheap debt instead of investing in their business, worsened the wage disadvantage we have with China and other developing nations, and brought the nation to the edge of financial and economic calamity.

Now some of the lunatics are recommending that the Fed follow the European Central Bank and Bank of Japan in reducing interest rates to below zero and in buying equities (corporate stock).  This would turn the Fed into a gigantic hedge fund, but with the American people instead of the hedge fund partners paying the price when the wrong bets are ultimately made.  The expression "Too big to fail" would become, "Too big not to fail."

Regarding Ford, it is indeed troubling that the company is moving the assembly of small cars to Mexico.  It's particularly troubling to American auto workers, parts suppliers, and the communities in which they operate.  Even the UAW deserves some sympathy, in spite of its history of using government force through labor laws for decades to maintain monopoly wages at the expense of car buyers who worked in free labor markets.

The fact is that Ford and other auto companies can't make money from small cars made in America, unless the cars have luxury features or are sports models with powerful engines.  There isn't enough profit margin in typical sub-compacts with engines with the power of refrigerator compressors to cover the extra labor and regulatory costs of doing business in the States. 

But here is what Trump and many pundits miss:  The main reason that Ford and other auto companies make small, underpowered cars is EPA mileage standards.  To be able to sell the larger sedans, SUVs and pickups that Americans want, they have to offset this thirsty segment of their product line with cars that drink far less gas.

The mileage standards are in turn driven by hysteria, hyperbole, and unproven hypotheses about global warming.  One can be an intelligent, informed person and not a climate denier to say this.  On second thought, intelligent, informed people will say this.

Meanwhile, our overlords in Washington are transported in huge gas-guzzling, chauffeured SUVs.  And we accept this climate hypocrisy like the timid, castrated steers we've become.  We can pretend to be tough guys by chanting "USA, USA, USA" at sporting events and living vicariously through football players and warriors, but we're even bigger sissies than the French.  At least the French will readily take to the streets.

The question Trump should've asked is why Elon Musk and the buyers of his high-priced electric cars are getting subsidies but Ford isn't getting a subsidy for its small cars so they can continue being produced in the States.  (Musk's huge solar panel plant in Buffalo is also being subsidized, by the State of New York.)  The answer would be, because of political favoritism.

And then there is Trump's hypocrisy.  When he found out that he couldn't make money in corrupt, unionized Atlantic City, he shut down his casino, leaving suppliers unpaid and workers unemployed.  Reacting to market forces and government strangulation is okay for him but not for Ford.

I'm yapping again, but only because very few reporters and commentators in the copycat press yap the truth about the Fed, about mileage standards, and about other unseen causes of our loss of jobs.  One exception is Holman Jenkins of the Wall Street Journal.  Unfortunately, he's not on such brainless programs as TMZ and the evening news, so 99% of American steers have never heard of him and wouldn't understand him anyway, given what is not taught in unionized public schools and in LGBT-obsessed universities.  

USA, USA, USA!  Moo, moo, moo!