Why Davos CEOs Think They Have Control Over Trump

Tyler Durden's picture

While President Trump chose not to attend the elite extravaganza in Davos last week, choosing instead to lambast the great-est and good-est of the world's executives in their crony capitalist safe space, the cognitively dissonant CEOs reassured each other by saying 'ignore the tweets', confident that "if [Trump] knows the facts, he’ll respond according to the facts." It depends whose 'facts' those are, of course.

As Bloomberg so eloquently noted, executives gathered in the Swiss resort for the World Economic Forum this week keep repeating, like a soothing mantra, that Donald Trump is at heart a pragmatist who will avoid trade wars and regulations that make it harder to do business.

Everywhere you looked, and everything you were told confirmed that nothing has changed in the minds of the world's elite community organizers... (as Bloomberg summarizes)

“What somebody’s saying is not necessarily what they’re going to do,” said David Cote, chief executive officer of Honeywell International Inc. He should hope so: Honeywell is a global manufacturing giant with far more employees outside the U.S. than in, and it has made major bets on projects like supplying parts for China’s first commercial jet.

 

“In the end if he knows the facts, he’ll respond according to the facts,” said Hideaki Omiya, chairman of Mitsubishi Heavy Industries.

 

Companies shouldn’t sweat the president’s “one-liners” and instead should focus on Trump’s cabinet nominees, said Jamie Dimon, CEO of JPMorgan Chase & Co. “I think that these very rational people will be very thoughtful when they go about the actual policy.”

 

Foreign companies say they’re similarly relaxed; Nissan Motor Co.’s co-CEO, Hiroto Saikawa, said he doesn’t believe Trump has any intention of severing trade ties that benefit the U.S.

With stock markets nearing record highs and business-friendly figures like billionaire investor Wilbur Ross named to the cabinet, a conviction has set in that a man who came to power as an anti-establishment populist might in fact usher in a golden age for business. Former Treasury Secretary Larry Summers, is however puzzled by the shifting views on Trump and cautions against “enabling” the new administration.

“I’ve been very troubled by the attitude of business people from the U.S... People who were terribly afraid of what this would mean for America’s place in the world are now hailing those who surround Donald Trump as great geniuses.

Executives shouldn’t entirely discount what Trump says, warns Phil Levy, a senior fellow at the Chicago Council on Global Affairs and adviser to former President George W. Bush, noting that "usually when somebody who’s been elected president makes threats, people take it seriously."

Some Davos attendees were prepared to concede that optimism about Trump is built, at least in part, on wishful thinking.

“I don’t think anyone likes the unpredictability he brings to the table,” said Martin Eurnekian, a director at Buenos Aires-based conglomerate Corporacion America.

 

“Everybody wants to believe,” he said, “that it’s mostly for show.”

Still, the herd remains convinced that everything will be 'business as usual' under Trump... judging by the first two days, however, we suspect a rude awakening looms.

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King Tut's picture
King Tut (not verified) Jan 22, 2017 6:03 PM

TrumpHedge

localsavage's picture

Trump should use this years DAVOS guest list as an "enemy of the state list"

xythras's picture
xythras (not verified) localsavage Jan 22, 2017 6:13 PM

Screw those Zionist kikes. Trump has his OWN jew:

http://dailywesterner.com/news/2017-01-21/justice-department-concludes-t...

Check Mate !

tmosley's picture

All these elites are going to drown in De Nile.

Go long popcorn.

nmewn's picture

Somebody please tell me Leonardo Di-Crap-io didn't fly all the way around the world to give another speech about man-made-glow-bull warming to elites...who also flew all the way around the world to listen to it.

There are limits to my freely chosen cognitive dissonance ya know! ;-)

//////

(Sigh)...yep, he did it again...in one of those hideous private jets no one should be allowed to own, cuz, we have actual passenger jet airliners in this day & age believe it or not...flew in from Australia no less, cuz like, ya know...Davos and Australia are like, practically right next door to each other...LMAO!!!

Baldrick's picture

check out the vid Rusty posted a link to a few stories back. very funny!

Mr. Universe's picture

So I have a question.

“In the end if he knows the facts, he’ll respond according to the facts,” said Hideaki Omiya, chairman of Mitsubishi Heavy Industries.

In by "getting the facts" does that mean that President Trump Barnum gets to read the Book of Secrets? Or will he be fed an endless line of baffling BS under the guise of "tell him what he wants to hear, but keep to the plan". I guess we will get a clearer picture in 100 days or so, but right now, Go Trump.

El Vaquero's picture

I know.  They say that we need to lower our carbon footprint.  We.  Not them.  They aren't willing to go through the lifestyle changes that would be required to lower their carbon emissions.  

nmewn's picture

We. Not them.

It all was an impressive insight or display of how they think. They can easily pay whatever. We in the middle class cannot. The poor on the dole needn't worry as they pay nothing now. The soon to be poor (us, in the middle class) are guided into the loving arms of the state as we fall.

In the meantime, they can invent "a market for carbon credits" to see who among them gets left holding the virtual bag in their stupid little ponzi game, undoubtedly at some point, all of it to be bailed out by bankrupt governments using, what should we call it...unicorn pellets or credits?...lol.

But we are the uneducated masses not knowing whats good for us, these deplorables ;-)

El Vaquero's picture

The funny thing is that carbon credits or whatever other BS they come up with won't actually lower CO2 emissions.  Why?  Because a lot of big companies would lose money if they did.  I could tell them exactly how we could not only eliminate most CO2 emissions without falling back to a pre-industrial lifestyle, but also start sucking CO2 back out of the atmosphere, but you know what?  They won't listen.  Why?  They are invested in the status quo, and to implement my ideas, the status quo would need to be shaken up a bit.  

Idaho potato head's picture

The least they could do is up the requiered number of office plants for their businesses.

divingengineer's picture

They're sure as hell not going to use public transportation or eat lab grown synthetic meat or live in a high density apartment block.

newworldorder's picture

When a rich person gets a whif of an intellectuals asinine dream factory, there is no telling what that rich person will do.

Most Hollywood elites would gualify under my  description above.

TuPhat's picture

You spell Dicrapio the same way I do.  I also have the same opinion of him.  If his private Jet were to crash the world would suffer no loss but I hope it isn't in the ocean.  I do care about the pollution that the raw crap would cause.  Even fish can only take so much.

Uzda Farce's picture
Uzda Farce (not verified) tmosley Jan 22, 2017 9:13 PM

David Cote, Jamie Dimon, Larry Summers, and Michael Bloomberg are members of the Rockefeller/CFR. See member lists at cfr dot org. CFR members speaking at Davos this week:

Stephen Adler (Reuters), Ajay Banga (Mastercard), Marc Benioff (Salesforce), David Cote (Honeywell, FRBNY), Ray Dalio (Bridgewater), Kevin Delany (Atlantic Media), Thomas Donilon (Brookings, Trilateral), Laurence Fink (BlackRock, CFR director), Rana Foroohar (CNN, FT), Thomas Friedman (NYTimes), Orit Gadiesh (BainCo), Kenneth Hersh (Carlyle), Tom Keene (Bloomberg), Frederick Kempe (Atlantic Council), Alan Murray (TimeInc), Ruth Porat (Google), Ken Rogoff (Harvard), David Rothkopf (Foreign Policy), Nouriel Roubini (NYU), David Rubenstein (CarlyleGrp, CFR director), Sheryl Sandberg (Facebook), Andrew Sorkin (NYTimes), George Soros, Joseph Stiglitz (Columbia), Larry Summers (Harvard), and Fareed Zakharia (CNN).

https://www.weforum.org/events/world-economic-forum-annual-meeting-2017/...

 

 

Wulfkind's picture

Day 3 of the Reign of Lord High Maximus Orange Julius ( May His Name Be Praised Forever )

 

1:  The Federal Reserve still exists.

2:  The Swamp is not drained.

3:  The NSA / CIA cabal still exists.

4:  Hillary is not in jail.

5:  The Goldmanite / DOD cabal still rule the Government

6:  The Wall is not built.

7:  Obamacare still exists.

8:  And as of 8:00 pm tonight we are $ 19,963,303,249,047 in debt. 

9:  Our total unfunded liabilities is $ 104,880,789,271,063. 

10: 163,210,646 Americans are on government benefits.

http://www.usdebtclock.org/

 

And America is NOT great again.

caconhma's picture

So, who are you Mr. Trump? What is your real agenda? Why do you use diversions (like making a big deal of how many people attended your inauguration or "saving" few hundreds American jobs by showing a total disrespect for the rules of Law and renegotiating international treaties you don't like) international agreements hide your real face?

Up to now we know your accomplishments:

  • Your entire cabinet consists of Zionist GS bankers and second rated generals
  • You are non-Jewish Zionist who already put Israel interests above the US national interests
  • You have no intention separating your own businesses from your responsibilities as a US President

Mr. Trump, what about immigration problems, draining the DC swamp, and taking control of run away government spendings? These are the issues you were elected for!

 

silvercity's picture

There are other ways of looking at Trump's Goldman picks other than Trump being bought. Maybe Trump bought Goldman to be used as Trump desires and also to keep Goldman from playing for Team Congress. Wait and see. Trump is devoted to right wing political Israel as well as the American police state. Obama was Satan's main man in America and now Trump is Satan's main man. How much good can be done working in Satan's system?

divingengineer's picture

They are top rated Generals.

Uzda Farce's picture
Uzda Farce (not verified) Wulfkind Jan 22, 2017 9:33 PM

Rome was not built in a day, and it cannot be remodeled in a day. Trump can still make several improvements without getting fired by the owners. He exposed the media fakers. He de-throned the Bush/Clinton dynasty. He put the Euro-socialists on notice. Not bad for a guy who doesn't even clock in until Monday.

 

newworldorder's picture

Obama had 8 years to fix nothing and you are bitching about 3 days of Trump as President.

So what is you point?

BabaLooey's picture

What a a total cunt.

But that's what liberals are. Cunts.

Would love to know if that bitch/cunt was removed.

"Did you know gravity was a theory?" - LOL

Her cuck was sitting right next to her. His job was to tell her to knock it off long before that guy had to alert that flight crew.

FAIL. His balls were in her purse.

Liberty2012's picture

Lewd language is a tool of fools and trolls.

Mr. Universe's picture

I wonder if they had to carry her off? When the Cuck finally did talk it was too little too late, did he stay on board (I hope so) and leave her to her nasty self? My favorite part is when she is being informed of her deplaning and she's is too busy ranting on the dude to notice.

deja's picture

These are not liberals.  What we're seeing here is so far left it's gone off the deep end.

Uzda Farce's picture
Uzda Farce (not verified) deja Jan 22, 2017 9:37 PM

There's nothing "liberal" about Socialism, comrade!

http://www.cnn.com/2015/10/10/asia/north-korea-military-parade/

TheEndIsNear's picture

Yes, according to another link posted by a ZH'er, the police were finally called and removed her from the aircraft.

Croesus's picture

"Everyone wants to believe" - and that's where your mistake is...

TeethVillage88s's picture

G.W. Bush and Obama 'Hopium' are a train wreck.

I suspect the set up was under H.W. Bush and implemented by Bill Clinton.

Robert of Ottawa's picture

It WAS Bush pere that coined the phrase New World Order

Mustafa Kemal's picture

"“I don’t think anyone likes the unpredictability he brings to the table,” said Martin Eurnekian, a director at Buenos Aires-based conglomerate Corporacion America.

Croesus, I think this is another one.

TeethVillage88s's picture

- It depends on who he trusts and doesn't trust. Right.

"if [Trump] knows the facts, he’ll respond according to the facts." It depends whose 'facts' those are, of course."

- Why should he listen to stuffed shirts?
- Why should he listen to Arrogant Media Talking Heads?

WTFUD's picture

The Having Your Cake & Eating It Brigade who couldn't give a rat's ass about the People as long as they get their .gov tax-breaks. Business as Usual i think not.

TAALR Swift's picture

You can always heave your cake and eat it too.

The trickier part is eating it and (still) having it too.

Most people don't get it, when they say "You can't have your cake and eat it too"

CNONC's picture

How much beer is involved when you heave your cake, and do you then really want to eat it?

HowdyDoody's picture

So you eat your cake, heave your cake and eat it again? Gross!

Cardinal Fang's picture

It's like watching Clint Eastwood in a spaghetti western.

You never know what is gonna happen next, but somebody is gonna wind up in a pine box.

And the look on the bad guy's faces always tells the tale of over/under
Estimation.

SillySalesmanQuestion's picture

The "rude awakening" has been coming since 2007-2008, but was postponed by bailout, QE and NIRP.
Now it is here and you'll have to get used to measuring risk again, which has always been inherent, when doing business and or, investing.
No free lunches at The Trump House!

Scuba Steve's picture

Great post.

Nice to see that the pink parade show how utterly fukkin dumb women in power really are ...

pigeons being led to the (fat)cats.

Dilluminati's picture

If a meterorite would strike the earth, Davos would be an ideal location

DrData02's picture

Larry Summers = fucking idiot.

billwilson2's picture

Even tRump does not control tRump.

He lives in an alternate reality with alternate facts. 

He will soon look like Saddam Hussein or Kim Jong Un.

 

ah-ooog-ah's picture

This is very much business-not-as-usual.

Wake up or die, Bilderbergs.

grekko's picture

Shhhhh!   Let them sleep a while longer.

grekko's picture

The term cognitive dissonance comes to mind here.  It really feels good to see the tables turned. 

yttirum's picture

“In the end if he knows the facts, he’ll respond according to the facts,”

Yeah, they still don't get that he does know the facts and it is them do not. Boy, are they in for a surprise. I can hear the egos exploding already - minds fracturing from realizing thier own obsolescence.

I'll say it again, most of us are leagues ahead of these fools in intillect, creativity, and awareness. They do not earn these positions on merit, but rather on metrics you would give a child to complete their chores.

Kone Wone's picture

But obviously not "leagues ahead" in spelling proficiency

besnook's picture

businessman are right to think trump will act rationally because most successful businessman sre very rational. the conflict arises in what is rational for business and what is rational for the usa. for business, it is ratioanl to seek or create the conditions for the maximization of profit at times using the cudgel of .gov to an advantage. that will, at times, conflict with nationalist goals.

what i don't understand is why all the intense opposition comes from the zionazis in the press to .gov who have been bent on destroying his, and therefore the usa's, legitimacy. summers revealed he was alarmed by the populist message, comparing it to 30s germany. are they afraid of being outed once again as the parasites they are?