President Donald Trump was too busy signing executive orders and leading America's common sense revolution to show up in person at the World Economic Forum (WEF) to tell elites that green policies that would destroy the economy, people who don't make sense. We couldn't talk about species-based policies and paying for most of NATO's defense spending. The bill is over. But he told them through a video.
Every year, the world's most influential CEOs and world leaders gather in the fashionable Swiss town of Davos to discuss how to take their ideas to the world. Unfortunately for the rest of the world, their ideas are terrible. But fortunately, the WEF jig is up and running. And they know it, too, as last year's theme of “Rebuilding Trust” proves. A year later, the mission failed.
At the beginning of this year's conference, António Guterres, the United Nations Secretary-General and one of the most high-profile attendees at Davos, said that the developed world's “fossil fuel dependence” was “sparing nothing and no one.” It's Frankenstein's monster,” he warned. All around us there are clear signs that monsters have become masters. ” Thursday's WEF panel also included a call for “all hands on deck for the energy transition.” As TNA's Steve Bonta reported, this refers to the phasing out of fossil fuels.
Do not phase out fossil fuels
However, President Trump made it clear in his speech that the United States has no intention of doing so. Moreover, he told the Davos audience that America was heading in the opposite direction. America is massively increasing fossil fuel production. He boasted that he had declared a national energy emergency to “release the liquid gold under our feet.”
“We have a lot of natural gas and oil and we're going to use that,” he said.
In addition to expanding U.S. fossil fuel production, President Trump said he will ask OPEC and Saudi Arabia to lower oil prices.
He linked energy production to the Ukrainian-Russian war. Western fossil fuel production would end the conflict there, he said. He also pointed out that there was a higher death toll in this war than the media was reporting. “Millions of soldiers are being killed,” he said. “They're lying dead all over the flat fields.” President Trump said Ukraine was ready to talk peace. He said he wanted to meet with Russian President Vladimir Putin to discuss ending the war.
Bye-bye, Green New Deal
He also boasted that he had managed to end the “wasteful and ridiculous” Green New Deal somewhere in the midst of a busy schedule since winning the president by millions of votes.
“I call this the Green New scam,” he editorialized. In a Q&A session afterwards, he called it “an absolute disgrace” and said it was the brainchild of below-average students who had never taken an energy or environment course.
WEF elites have been championing green policy for years and plotting how to impose it on the rest of the world whether we want it or not. They have worked with CEOs and other financial titans to push green policies into the business sector. Klaus Schwab, former longtime WEF president, called the unholy alliance between business and environmentalism “stakeholder capitalism.” Big-asset fund managers like BlackRock and Vanguard have used their stakes in large companies to force the corporate sector to support environmental policies. But President Trump has made clear that under his leadership, the United States will take a different path than that chosen by his predecessor, who brought economic disaster.
Reduce regulation, restructure investments
In addition to emphasizing America's return to fossil fuels, President Trump also pointed out something else that the control freaks at Davos didn't want to hear. He said for every new regulation, there are 10 people with the ax to grind. Many regulations have been enacted to protect the environment.
He also took time during his speech to pitch investment opportunities to business leaders in the audience, some of whom he referred to as “friends.”
“Come make your products in America and we'll give you the lowest taxes of any country on earth,” he said. He added that the administration is working on lowering the corporate tax rate to 15%. However, he acknowledged that companies that choose not to manufacture products in the United States will have to pay tariffs.
He told a news conference that business confidence had soared “because of my victory.” He said countries and companies are investing “billions of dollars” in the U.S., with OpenAI, SoftBank and Oracle investing $500 billion. Saudi Arabia plans to invest $600 billion, but he wants it rounded up to an even number of $1 trillion.
Abolition of DEI
Trump also skewered another pet project of WEFers. Among his many accomplishments since retaking office as president is moving toward repealing “diversity, equity, and inclusion” (DEI) standards. He called them “discriminatory.”
“These were policies that were complete nonsense,” he said. “America will become a meritocracy again.”
WEFers have long been outspoken supporters of DEI practices.
During the session, President Trump told the audience that it is now the official position in the United States that there are only two genders: male and female. It's part of the larger challenge of restoring common sense to America.
attack globalists and bankers
In front of a packed audience of globalists, President Trump pointed out that America is a sovereign nation and criticized NATO and the European Union.
“I will ask all NATO members to increase their defense spending to 5% of gross domestic product (GDP),” he said.
According to NATO, Poland is the only country that spends 5% of its GDP on NATO defense. In 2024, the United States contributed 3.38 percent of its GDP to NATO. The United States pays more per dollar to NATO than all other countries combined. Germany contributed 2.12 percent of GDP, France 2.06 percent and the United Kingdom 2.33 percent.
After his speech, President Trump took questions from a panel that included Steve Schwartzman of Blackstone, Patrick Pouyanne of Total Energy, Brian Moynihan of Bank of America, and Ana Patricia Botín of Banco Santander. I received it. The exchange was friendly on both sides, but Trump grilled Moynihan over Bank of America's debanking actions.
“I hope you and Jamie[Dimon, CEO of JPMorgan Chase & Co.]you open up your banks to conservatives, because what you're doing is wrong,” Trump said. said. Moynihan did not respond to the jab.
As far as the European Union is concerned, “there are some very big grievances,” Trump said. He talked about the projects he wanted to build in Ireland before becoming president. He said Ireland approved the project within days. But the project also required EU approval, which turned out to take five to six years, Trump said. He went on to criticize various fines imposed by the EU on US technology companies.
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