Tucker Carlson interviews the fulcrum between Wall Street and Main Street in the MAGAnomic policy world, Treasury Secretary Scott Bessent.
Secretary Bessent notes the goal of the tariff plan, and the accompanying economic policy is to give the working middle-class a boost in wealth and simultaneous relief from bad policy that has exclusively benefited the investment class. WATCH:
Chapters:
0:00 Trump’s Tariff Plan
5:42 The Current State of the Stock Market
8:22 Will Americans See Substantial Tax Cuts Because of Tariffs?
13:16 How Much Money Will America Make Through Tariffs?
14:33 Bringing Manufacturing Back to the US
20:14 Tariff Pushback From Foreign Countries
22:16 Will China Retaliate?
25:42 How Will Europe Be Impacted?
33:12 Is the Upper Class Out of Touch With the Lower and Middle Class?
35:47 Bessent’s Biggest Worries
42:35 The Long Term Benefits of DOGE
46:17 The Corruption of the Federal Reserve
49:22 Why Gold Is So Critical Right Now
52:13 Zelensky’s Self-Sabotaging Negotiation Tactics
1:00:19 The Trump Administration’s Messaging About the Economy
Has Secretary Bessent openly called for ending the Fed? No? Business as usual. Prepare wisely.
Pray for Scott. Pray especially for Scott’s children. He and his husband (Yes. Husband) have 2 children. 🙏✝️🙏
I believe they should be praying for themselves for very different reasons thsn you think one should be.
I’ll pray they see their sins and repent. Nothing more.
The Bible does talk about praying for those in authority, their decisions matter.. Also pray for their salvation
About 5 million gays voted for Trump.
AAck! But, OTOH, he is competent. I’m no fan of queers, but if I were DJT I would have chosen him also.
Pray for those in authority…. that we (followers of Christ) may live quiet lives. Pay our taxes, etc. Hopefully, our example will cause the leaders to seek God.
Some amchairs still soothe themselves by pretending to really be an I-Know-Better and a creator of the Real Rules.
Meanwhile those who actually ARE wise heed the countless warnings about pride.
As Socrates pointed out, those who truly are wise realize how little they actually know AND how little they will every truly know, no matter how long they live.
Hence a tell tale difference between reality disconnected smug midwits (aka Benji Shapiros) and reality connected humble geniuses (aka Bessants).
Very well said. Thank you.
“Oh my Jesus, save us (all) from the fires of hell. Lead all souls to heaven especially (me) those in most need of thy mercy.”
He may be a “humble genius”, but he is woefully deceived by Satan in regards to his lifestyle.
who are you to judge. only God judges.
Forever wars make forever inflation easy business to prepare for.
https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
Boom Bust Better
While “economic security is national security” is a great slogan, it is more correct to say that “economic security is a component of national security.” The point is to provide security to the nation, of which economics is one part. If we continue to import the rest of the world for cheap labor for the oligarchs, including Elon Musk, then we are going to get replaced.
What is the point of providing economic security to your and your descendants’ replacements in what used to be your land? How is this winning? We need an immigration moratorium. SHUT IT ALL DOWN. We can’t fix the world for everyone. The rest of humanity has to eventually want to fix things in their countries. (Shout out to Nayib Bukule in El Salvador who has done exactly that. BRAVO!)
The need for a moratorium is two-fold; first, deportation of illegals and requiring those with some status and lawful presence to assimilate into American culture.
Until then, no one gets in.
Sovereign borders are an essential component of economic security. Tariffs are only a part of economic security.
Economic security requires many component parts to be in place. How secure are our sources of raw materials necessary to manufacture everything we need for citizens /consumers and for defense? How secure AND healthy is our food supply? How capable and effective are our citizens for contributing to our labor force at all levels of productive business? How stable and smart is our foreign policy and relations with our international trading partners? How strong and peace-oriented is our military and its leadership?
Economic policy affects all of that. And vice versa.
Economics is NOT just about money and financial issues.
Great example of a purity test fallacy.
Collin Rugg
@CollinRugg
JUST IN: Former Commerce Secretary predicts Trump’s tariffs won’t be in place by the back half of 2025 because other countries will rush to the negotiating table.
Former George W. Bush Commerce Secretary Carlos Gutierrez just made the prediction on CNBC.
Cont and video linked….
It’s all theater, man. Just a question of if you’re buying a ticket or not.
You don’t have to buy a ticket to watch the show-trials.
“WE ARE SEEING TWO THINGS, STREET THEATER AND LAWFARE.
Islam is right about women (/s … maybe).
I initially thought that was the character Mattie Ross from True Grit. (Kim Darby)
Nope! At least I don’t think so?
An interesting, unemotional, experienced “normie” guess about what’s happening/will happen vis a vis PDJTs Liberation Day Tariffs.
Noticing his focus on China and the absence of any comments about what /pol/ now refers to as the EU(SS)R.
Astute observation.
However, in his defense, China IS an excessively large supplier of consumer and industrial goods sold in this country. They outweigh any other international source by a significant margin. Consequently they *do* tend to get primary focus in trading and economic policy discussions.
But you are correct to note that any discussion of trade policy cannot end with China.
Another interesting video clip.
Thank you. 😘
Monitoring those who publicly align with President Trump and his gallant team and those who are against them provides useful ammo, entertainment plus daily mock and meme fodder.
Hopefully the Chamber of Commerce/Koch Bro funded Free Trader Muppets like Ben Shapiro and the “principled” lolnertarians like Rand will wake up and repent before its too late to avoid getting “rekted”.
Thank you, Secretary Bessent, for the clarity of your information. Praying all works to the good of the country. Thank you for your service!
AMEN.
😍
The business model of what has been going on for decades in this country baffles me.
How we were able to get this far,………. how much longer could it continue?
“The evils of this deluge of paper money are not to be removed until our citizens are generally and radically instructed in their cause and consequences, and silence by their authority the interested clamors and sophistry of speculating, shaving, and banking institutions.
–Thomas Jefferson to John Adams, 1819
That’s the thing, Charlotte, it wasn’t intended to continue if the other side had won the election: Sovereign Nations would become obsolete.
It’s sure nice to listen to someone who has a clue. Predicting cringy Janet Yellen’s thought’s 30 seconds before they came out of her mouth got old fast.
The hysteria will continue until crisis is established.
Buy the rumor…
-Treasure Sec. Janet Yellen, Who Is Worth $20M, Says She Does Not Get Sticker Shock at Grocery Store
https://rumble.com/v53u9m7-treasure-sec.-janet-yellen-who-is-worth-20m-says-she-does-not-get-sticker-s.html
Sell the news…
Exactly why I stopped watching the MSM in 2017. If it were raining, she would have claimed it was due to Trump cutting NOAA funding. (sigh) I wonder what morons still listen to these people?
She obviously consumes too much cable television “news”.
Bessent and Lutnick have been to crazy pleasant surprises in the Trump admin!!!
WE need to celebrate the retirement of Klaus Schwab from the World Economic Forum. That trumps all other economic news this week. He was the leader of the New World Order. He led the Forum, attended by billiionaires (some good and some not so good people), and spearheaded the push for the USA to become a service economy and ended major manufacturing in this country.
I not sure when it was funded or their gatherings became public, but it sure came to my light during the old man Bush term. I feel that Trump understood what this meant for our country and then we had Clinton, Obama, Geo. Bush II, and Biden who never blinked an eye at the demise of the middle class in our country.
Retirement??? Please!! This man should spend the rest of his days incarcerated. This “retirement” of known and proven thieves sickens me to no end! In the end one must pay for the consequences of their actions, and to say they are retiring rings hollow!
Wise words: “Economic Security is National Security”. However, it interesting to read the sophomoric comments by those concerned about the recent DOW losses. “Economic Armageddon” with a couple of 5% losses reported by the “wise economists”. “Worst losses in DOW history”. Given the rise in the stock market over the last 3 decades, the average losses appeared large, but the losses were lower percentages than the single day losses of Black Monday in 1985…. 22% in ONE DAY!! Who will benefit from the “whipsaw trading”….. the brokers. They might be ordering their new yachts today.
Also remember Trump said he was not concerned about the Stock Market at this point. It is not that he does not care but due to the fact that the administration’s eyes are on the BOND MARKET. Thanks to Janet Yellen, $9 trillion dollars in debt has to be rolled over this next year all currently in the form short-term, high yield T-Bills. In order to not bankrupt the US Treasury, the new T-bill offerings must be at a reasonable interest rate. With a red-hot stock market, it would have been difficult to find the $9 trillion the government needs, without offering high (unaffordable) interest rates. The Stock Market is tanking now, not due to the weakness of the companies or economy but because Trump is turning off the printing press and cutting government funding through DOGE, thus there will be less money available to slosh into the Stock Market. It is not healthy to be in a situation where government expenditures determine whether the Stock Market rises or falls… this makes all traditional price discovery research meaningless, as the only thing that matters is Treasury and Fed. policy not corporate performance.
PS: For anyone losing it over the current state of the Stock Market, point out that the DJIA was at about $169 in 1945 after winning the Second World War. Currently the DJIA stands at $38,314.86. If the Stock Market is so indicative of economic strength and success we all ought to be living like kings as the Stock Market has hugely inflated in value since WWII. However, since 1945, the United States has become weaker and weaker, despite the Stock Market being at an all-time high.
Unfortunately NONE of this will hold UNLESS PT, Pam and Kash follow the money laundering criminal syndicate of the DS that has stolen trillions from the American taxpayer over the past 20+ years.
The streets of DC are littered with crimes that seem to go unpunished making the crooks feel even more invincible.
Just like a beautiful garden, if you don’t pull the weeds out from the root, the weeds will overtake the beautiful garden.
Thus every good thing PT accomplishes during these 4 years will be discarded quickly if investigations, indictments and convictions of the DS criminal syndicate doesn’t occur.
The American people MUST be provided the truth and evidence of their massive crimes. The good news is the crimes are virtually everywhere to the point a blind squirrel could find a nut (crime).
Elon has provided PT with the easiest crime of all – Money laundering and stealing billions from Americans. All they have to do is follow the money and see who and where it went.
PT ‘s policies will NEVER take root long term without JUSTICE. I hope he knows that so if Pam & Kash are too afraid to act then they need to be replaced ASAP.
PT is a genius when it comes to economics and the American worker but without Justice the weeds win.
Paging Pam Blondie….. 🤷♂️
All these smart people going on about a ”deal” over minerals,rare earths when all I can find with any Google search is that there are no commercially viable sources in eastern Ukraine of minerals or rare earths. Somebody make sense of this proposed ”deal”.What this looks like is a ”slick”plan to put USA officially on the ground to freeze the war and get NATO officially in.As a practical matter, Ukraine has been part of NATO since at least 2014 Standing with the Ukrainians is just continuing the serial theft of USA taxpayer dollars. Why are there 1000s of recent Ukrainian millionaires ? How much aid have they stolen?Is DOGE going to audit this mess? Russia is not interested in any deal that screws them over again.If the USA wants to ”stop the war/killing”than stop sending money and military gear to Ukraine.They have about 1.3 million war dead,Russia has about 100,000 war dead.Oops sorry about that wont cut it.Russia has been under sanctions since 2014,,What can you sanction now?The war is lost.No western country has the industry or resources to out produce or outfight or outthink the Russian military.Now what? Threats? Nuclear option? Outside of wishful thinking what have they got?There are no lack of posts that express feelings and opinions.I’m looking for reality based verifiable data.
I didn’t watch the whole interview, but he seemed like a nice man to me.
Also, maybe 20-30 years ago, I was in room where some minister was cursing at the demons that were buzzing around him. I could see what was happening, (I had died at 17 years old and was placed back in the body. So I see multiple planes … I saw the situation physically, and so saw it astrally too.
I inwardly called the demons buzzing around the minister and told them , that guy is an idiot, and do NOT believe anything he says, and the demons calmed down, and looked at me, and I told the demons, “NONE of you will be in HELL forever, not going to happen. I don’t like when ministers “JUDGE” other beings, GOD LOVES ALL BEINGS (FOREVER) and if you want to not take in GOD FOOD (LIGHT), no problems, you will hang out with others like that, called HELL, but don’t you EVER believe you can’t go back to GOD when you don’t want to be in HELL, ask the HOLY SPIRIT to bring you back, (but there will be purification process … What appears as BURNING FIRE is actually GOD’S LOVE as seen in HELL. So demons will need to go through that) I didn’t tell those demons that, just that I thought they seemed nice and go and have fun. They smiled and left. Now I do the same with insects and send nice energy to them, and PLAY with them .
Jesus said (GOD speaking through Jesus) Judge not lest that Judgement will be turned back onto you.)
So we will not do what demons do, but realize one day they will REPENT and go back to GOD. JUST like all humans will have to repent one day too and go back to GOD.
gee, I got spiritual again. Sorry! I did come back to delete everything except the first sentence. But the timer ran out so no option to edit.
Something is happening to me, this HIGHER part of me is GETTING very strong, my ego is getting very weak. I am BREATHING in more EXPANDED way. Sorry. I will try to dampen it down. I did put that deeper part to “rest” most of my life, BUT it is coming to surface again. It is wiser than me, but this world doesn’t like it.
if admin wants to delete this post, I’m fine with it being deleted. I love you guys/gals.
I love Scott Bessent.
What a smart man. Trump chose his team wisely. I doubt America has ever had so capable a Cabinet.
When he mentioned discussing these issues extensively with Trump I tried to imagine Biden participating in such a discussion. Wouldn’t happen even when Biden’s brain was at its best.
I am personally sickened by Bessent calling Zelensky heroic.
I am personally sickened by Tucker and his stupid claim that he doesn’t know why Zelensky won’t sign the minerals deal.
This is why Trump must cut the federal workforce by 80% and establish the tax only on people making above $150,000.
If we are going to be serfs at least make an effort to placate us. And fire those bastards Bondi and Kash for being scumbag hucksters.
It’s like a strategy I’m using on X, formerly Twitter: You tell the extreme leftists that precious Ukraine is finished if we fall into a Sovereign Debt Crisis, which is what you described, and I along with you in earlier posts. The tariffs, that include other factors in their calculations, smoked out investors with billions parked in stock markets. The money will have to earn in other instruments, and the assumed most secure are Treasury paper.
“Who controls the federal reserve?”
”They were enacting DEI.”
I find this non-answer extremely disturbing.