Former Secretary of State and former CIA Director Mike Pompeo is going directly against former President Trump, President Biden, and the United Steel Workers, by promoting the $14.9 billion deal to allow Japanese giant Nippon Steel to buy out U.S. Steel. On July 19 Bloomberg revealed that Nippon Steel had hired Pompeo as an advisor to “help complete a proposed purchase of United States Steel Corp., a deal facing bipartisan opposition from Donald Trump and President Joe Biden.” Pompeo aims to convince the American public and steel workers that Nippon’s acquisition would help the national economy, national security, and job security. Both Biden and Trump have said that they would do everything possible to block the deal.
Nippon Steel is the world’s fourth-largest steel producer, and U.S. Steel, for years the largest producer in the world, is now the 24th. The de-industrial onslaught was so bad that in 1986 the company took the word “steel” out of its name and called itself “USX,” but in 2001 it returned to the name, U.S. Steel.
Mike Pompeo again shows his true allegiance not to any single country, but to the City of London and Wall Street elite. He does his bit to “Make Globalization Great Again.”
But then, Mike Pompeo is infamous for reminding students at Texas A&M: “What’s the cadet motto at West Point? You will not lie, cheat, or steal, or tolerate those who do. I was the CIA director. We lied, we cheated, we stole. It’s was like we had entire training courses. It reminds you of the glory of the American experiment.”
