Although JPMorgan Chase CEO Jamie Dimon is reportedly registered as a Democrat, he certainly sounded like a conservative while speaking Friday at the inaugural Reagan National Economic Forum in Simi Valley, California. He said that China isn’t our biggest threat—it’s the “enemy within,” and the straying away from America’s traditional strengths and values.
Delivering his remarks at the forum in the Reagan Presidential Library, Dimon’s words might have made the former president smile:
"Celebrate our virtues: freedom of speech, freedom of religion, freedom of enterprise, equal opportunity, family, God, country," he said. "You know, and you can acknowledge the flaws that we have, which are extraordinary — what we did the Black population for years. Don't denigrate the great things of this country, because those are two different things."
He pointed out what he thought we needed to focus on if we wanted to remain the world’s most powerful country and economy:
"We don't talk that much to each other — deal with our policies — this is the enemy within," he continued. "We've got to fix our permitting our regulations our immigration our taxation, which I, I think they're on their way. We have to fix our inner city schools, our health care system."
Trump 'Was Right': JPMorgan CEO Jamie Dimon's Shocking MAGA Comments Have the Internet Talking
The veteran banker also blasted the border policy under Biden which allowed millions of illegal aliens into our country while we were busy dishing out billions on “green stuff.”
“What the hell were we doing?” he asked:
That's a darn good question.
He went on to argue that we should be putting our money behind things that will help us keep the country secure—and in his view, that is not bitcoin:
We shouldn't be stockpiling bitcoins," Dimon said when asked about how industrial policy is entwined with national security policies during a panel. "We should stockpiling guns, bullets, tanks, planes, drones, you know, rare earths. We know we need to do it. It's not a mystery."
Stock up on bullets, he advised:
"We should be stockpiling bullets," he continued. "Like, you know, the military guys tell you that, you know, if there's a war in the South China Sea, we have missiles for seven days. Okay, come on. I mean, we can't say that with a straight face and think that's okay. So we know what to do. We just got to now go about doing it. Get the people together, roll up our sleeves, you know, have the debates."
He also worried that the deficit was a ticking time bomb that unless addressed will lead to a disaster in the bond market:
'You are going to see a crack in the bond market. It is going to happen,' Dimon told the economic forum, predicting it could appear in six months to six years.
One may or may not agree with everything that Dimon says, but he certainly has some interesting food for thought in these remarks. In this instance, at least, you can’t help but wonder, “Why exactly are you a registered Democrat, Mr. Dimon?”
Help RedState continue to tell the truth about the Trump administration's accomplishments as we continue to usher in the Golden Era of America. Join RedState’s VIP and use promo code FIGHT to get 60% off your membership today.