Monday, April 21, 2025

Politics

Random

The Menace of Tariffs

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by Lew Rockwell, Lew Rockwell:

Donald Trump is a strong believer in protective tariffs, and this is very bad news for those of us who support the free market. In Trump’s opinion, tariffs are a great idea. Here is what he said about them in an interview last month: “Trump has proposed a 10 percent across-the-board tariff on all imports and 60 percent on goods from China. During Tuesday’s remarks, he singled out imported cars for higher trade duties, saying he would slap a100, 200 or 300 percent tariff on cars made in Mexico. He also floated imposing 50 percent tariffs on goods to force companies to relocate operations to the U.S. to avoid the penalty.

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Trump just called Zelensky a dictator, with a 4% approval rating!

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The Fed Pretends to Send a Warning to Wall Street’s Mega Banks on Derivatives and Counterparty Risk

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by Pam Martens and Russ Martens, Wall St On Parade:

On Tuesday, the Vice Chair for Supervision at the Federal Reserve, Michael Barr, delivered a speech at a risk management conference in Manhattan. Barr’s objective was to convince conference attendees that the Fed has its eye on the ball when it comes to Wall Street mega banks and their counterparties who are sitting on the opposite sides of derivative trades totaling tens of trillions of dollars. (Yes, trillions.)

The most illuminating and dangerous elements of Barr’s speech are what he didn’t say.

To remind attendees of what could happen if counterparty risks were not managed properly, Barr cited Long Term Capital Management (LTCM) and Archegos Capital Management.

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Gold-backed BRICS currency to Dethrone Dollar | Alasdair Macleod

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from Liberty and Finance:

TRUTH LIVES on at https://sgtreport.tv/

Machete-Wielding Muslim Migrant Shouting ‘Allahu Akbar’ Attempts to Kill German Police Officers in Latest Terror Attack

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from RAIR Foundation:

The Islamic attacks continue. Late Thursday night, another Muslim jihadi armed with a machete attempted to kill police officers at a station in Linz am Rhein, Germany. The 29-year-old Albanian suspect tried to force his way into the station, shouting the Islamic war cry, “Allahu Akbar,” and openly declaring that he intended to kill the officers. Fortunately, police acted swiftly, using a taser to subdue the man before he could carry out his deadly plans.

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Banks Need Your Trust Because They Don’t Have Your Money

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from Birch Gold Group:

The first inflation report since the Fed’s September interest rate cut begged some questions…

Since I sincerely hope most of you don’t follow these stories as closely as I do, we’ll start with a quick recap:

In August, the Fed lowered its primary interest rate by 1/2% (50 basis points) to 5%. That was the first reduction in interest rates since the Fed began raising rates from zero way back in 2022 – in an effort to tame the worst inflationary episode in over 50 years.

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Remember that H1B-visa workers wrote this memo AT FACEBOOK directing them to implement more DEI, be racists against whites, and open the floodgates of H1Bs to “China”.

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Will China Use the Supply Chain as a Weapon Against the US?

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by Daisy Luther, The Organic Prepper:

Will China Use the Supply Chain as a Weapon Against the US?

Is the supply chain China’s secret weapon?

Over the last few years, the phrase “supply chain” has become one of increasing importance to everyone – from corporate leaders to government officials and to customers. Now, it’s a phrase that is becoming important to even military leaders. 

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Who’s the Real Barack Obama? Things Are Finally Becoming Clearer

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by Victoria Taft, PJ Media:

Who is Barack Obama? You’d think a guy who’s penned three memoirs and is the subject of several authorized and unauthorized biographies would be an open book, but he isn’t, as most sentient Americans know. But now we’re learning more.

A recent story in Tablet Magazine by David Samuels, which includes an interview with one of Obama’s biographers, David J. Garrow, gives us some clues about America’s first half-black, half-white president and why he has meticulously hidden details of his life from the American people.

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The incompetence from the liberal media is astonishing.

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One of the actors pretending to be Joe Biden was caught walking to his car in a back parking lot without secret service.

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“China’s WORST NIGHTMARE technology is coming to America and we have to stop it” Mel K | Redacted

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from Redacted News:

TRUTH LIVES on at https://sgtreport.tv/

[LQC] “INCUBUS” PROJECT | PFIZER COVID INJECTABLE [AFTER 288 HRS #BODY TEMP] + ULTRAVIOLET LIGHT

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from World Orders Review:

TRUTH LIVES on at https://sgtreport.tv/

Iran Vs Israel: What Happens Next Now That Shots Have Been Fired?

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by Brandon Smith, Alt Market:

In October of 2023 in my article ‘It’s A Trap! The Wave Of Repercussions As The Middle East Fights “The Last War”’ I predicted that a multi-front war was about to develop between Israel and various Muslim nations including Lebanon and Iran. I noted:

“Israel is going to pound Gaza into gravel, there’s no doubt about that. A ground invasion will meet far more resistance than the Israelis seem to expect, but Israel controls the air and Gaza is a fixed target with limited territory. The problem for them is not the Palestinians, but the multiple war fronts that will open up if they do what I think they are about to do (attempted sanitization). Lebanon, Iran and Syria will immediately engage and Israel will not be able to fight them all…”

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The West Has an Illiterate Financial Press

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by Paul Craig Roberts, Paul Craig Roberts:

The entire the financial press has zero understanding of basic economics. The financial “journalists” just print press releases.

The US debt has never mattered, because the US dollar is the world reserve currency. That means US debt is the reserves of the world’s central banks. If US debt rises, so does the reserves of the world banking system. All central banks were delighted to accumulate more US Treasury debt as it meant the reserves of their banking system went up.

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