Saturday, January 3, 2026

Trading Bananas For Oil

A century ago we managed Central and South America for bananas and rubber. Trump has now decided that he and the oil industry can have Venezuela. For months we heard pretenses about drugs, but at Saturday's press conference Trump wasn't hiding his cards, we're there for the oil.

When Trump and Hegseth bragged on about the military operation, you might have thought that they had extracted Putin from the Kremlin. Caracas isn't Moscow or Peking, but China has invested in Venezuelan oil production, over a $billion. While Hegseth and Rubio fell over each other praising their boss, they would be better serving their country gauging world reaction, which doesn't share their pride.

We also heard that Congress couldn't be trusted to be in the loop, they leak too much. If congress has been passive about Trump's unilateral decisions, now is the time to speak out. Perhaps Fetterman is correct wearing sweatshirts, at least you can't call him an empty suit.

In 1912 we were satisfied with bananas