Between Trump's Tariffs and his total lawlessness in scooping up anyone he doesn't like and sending them to who knows where, I feel we have landed in the middle of the canyon or the river. It's a black hole of which I thought I would never experience. Loud and mad--it does help. But now we need strong climbing noise to get out of this hole. Thanks, Joe for all you do.
Shhhh! The Secret That The Nazis Don’t Want You To Know
It was no secret in 2024 that runaway inflation had decimated the middle class due to the loss of the purchasing power of the dollar estimated to be 90% of what it was in 1970 Due to this loss of purchasing power the value of the dollar is going down and due to that the value of gold is going up since gold is real money without counterparty risk and the value of the dollar rests on nothing but the confidence of the people who use this fiat currency
The charade the government tells us is that the currency has intrinsic value but Nixon in 1971 took our economy and its currency off of the gold standard leaving both political parties to rack up trillions of dollars in debt now with the Cheeto Strongman’s regime ready to cross $40T dollars in order to give his billionaire cronies tax breaks Of course, this is unsustainable but the government and the two political parties don’t want its citizens to know that Now faced with the biggest debt bubble in world history the Wall Street and the government wants to minimize the problem
But when a credit bubble meets tariffs disaster becomes inevitable just as it did in the early 1930’s This is now being played out as equity markets will gradually begin in free fall Of course Wall Street wants you to believe all is well but it’s not
The bond market that used to be a safe haven when the equity market falters has now lost its status and that’s because the foreign investment community that holds $13T in Treasury bonds that cover our debt is losing confidence in America and its government This puts the country at risk at not being able to cover the interest on its debt This is called a debt trap and is a concern for the investment community and government What follows is a currency crisis
So the safe haven for investors has become precious metals namely gold and silver and explains their rise in value
You write, "We, the American people, have to raise the alarm and put Congress in the hot seat. Congress has to take its constitutional power back and reject Trump’s tariffs and menacing economic policies". Considering that Trump has every House Republican in his back pocket, what specific actions can the American people take that will result in House Republicans standing up for democracy rather than their own craven self-interest? What tools do we have to compel judges and the conservative Supreme Court Justices to face this lawless President down? We will continue to protest, to work to take back the House and Senate in 2026, but in the meantime, in specific terms, how do we protect our democracy from a President who sees no value in our history, who refuses to obey the Rule of Law?
Great article, Joe. I remember the day, 9/8/74, when Evil Knievel attempted to jump across the Snake River Canyon. I’ve been across the bridge that crosses the canyon. Trump is no Evil Knievel.
I remember as a little kid being such a huge fan of Evel Knievel. I had a poster on my door. And I wrote him a letter and he sent me a signed picture, which went on my door as well.
If only I could get one of my Senators to acknowledge my existence.
This is SO WRONG on SO MANY LEVELS! Someone has to stop him from putting the Tariffs back on before it's too late!
Between Trump's Tariffs and his total lawlessness in scooping up anyone he doesn't like and sending them to who knows where, I feel we have landed in the middle of the canyon or the river. It's a black hole of which I thought I would never experience. Loud and mad--it does help. But now we need strong climbing noise to get out of this hole. Thanks, Joe for all you do.
Shhhh! The Secret That The Nazis Don’t Want You To Know
It was no secret in 2024 that runaway inflation had decimated the middle class due to the loss of the purchasing power of the dollar estimated to be 90% of what it was in 1970 Due to this loss of purchasing power the value of the dollar is going down and due to that the value of gold is going up since gold is real money without counterparty risk and the value of the dollar rests on nothing but the confidence of the people who use this fiat currency
The charade the government tells us is that the currency has intrinsic value but Nixon in 1971 took our economy and its currency off of the gold standard leaving both political parties to rack up trillions of dollars in debt now with the Cheeto Strongman’s regime ready to cross $40T dollars in order to give his billionaire cronies tax breaks Of course, this is unsustainable but the government and the two political parties don’t want its citizens to know that Now faced with the biggest debt bubble in world history the Wall Street and the government wants to minimize the problem
But when a credit bubble meets tariffs disaster becomes inevitable just as it did in the early 1930’s This is now being played out as equity markets will gradually begin in free fall Of course Wall Street wants you to believe all is well but it’s not
The bond market that used to be a safe haven when the equity market falters has now lost its status and that’s because the foreign investment community that holds $13T in Treasury bonds that cover our debt is losing confidence in America and its government This puts the country at risk at not being able to cover the interest on its debt This is called a debt trap and is a concern for the investment community and government What follows is a currency crisis
So the safe haven for investors has become precious metals namely gold and silver and explains their rise in value
You write, "We, the American people, have to raise the alarm and put Congress in the hot seat. Congress has to take its constitutional power back and reject Trump’s tariffs and menacing economic policies". Considering that Trump has every House Republican in his back pocket, what specific actions can the American people take that will result in House Republicans standing up for democracy rather than their own craven self-interest? What tools do we have to compel judges and the conservative Supreme Court Justices to face this lawless President down? We will continue to protest, to work to take back the House and Senate in 2026, but in the meantime, in specific terms, how do we protect our democracy from a President who sees no value in our history, who refuses to obey the Rule of Law?
Great article, Joe. I remember the day, 9/8/74, when Evil Knievel attempted to jump across the Snake River Canyon. I’ve been across the bridge that crosses the canyon. Trump is no Evil Knievel.
It was the Snake River canyon. But yes, your analogy is a good one. And Trump - in contrast to the rest of us - has the parachute.
It was the Snake River Canyon in fact. But yeah he crashed.
Compared to Trump, Evel's plan was relatively well thought out.
It was knievel who said repeatedly “stick with me and we’ll jump the Grand Canyon”. Moving to Snake River was dealing with reality. Trump? Not
so much.
I remember as a little kid being such a huge fan of Evel Knievel. I had a poster on my door. And I wrote him a letter and he sent me a signed picture, which went on my door as well.
If only I could get one of my Senators to acknowledge my existence.
OK I guess you know the history. I just knew he tried Snake River.