Vice Presidential nominee Senator JD Vance, appears on Meet the Press for an argumentative debate on Trump policy.  On the issue of tariffs, this might have been JD Vance’s first opportunity to set the record straight about what tariffs did in the first Trump administration.

Unfortunately, because JD Vance did not have the data to refute the NBC talking points, he missed an opportunity to set the record straight.  Tariffs did not raise prices and consumers did not pay tariff rates in the first Trump administration.  Factually, the exact opposite happened.  Prices dropped when Trump tariffs were put into place, the reasons are explained after the interview. WATCH:  

Our own analysis of U.S. consumer prices in 2019 showed that prices of imported goods actually declined despite the tariffs. A recent report from CPA takes a look at the impact to Chinese exports to the U.S.  [SEE DATA HERE] Bottom line, the tariffs worked to reduce Chinese imports.

CPA – […] Since the Section 301 tariffs were imposed, the share of imports from China has steadily declined from 21.6% in 2017 the year prior to the tariffs to 16.5%, a decline of 5.1%. No other country has lost as much share of total U.S. import penetration over the past five years.

In terms of total import value, Mexico gained the most from the tariffs, adding $110.8 billion. Vietnam gained the second most in import value by $78.4 billion and by far gained the most of total share of U.S. imports. In 2017, Vietnam accounted for about 2% of U.S. imports at $46.5 billion. In 2022, the U.S. imported $127.5 billion in goods from Vietnam, and the share of the total nearly doubled to 3.9%. Other countries in Southeast Asia such as Thailand, Cambodia, and Indonesia all saw significant increases in their value of imports by the U.S. (read more)

With the 2024 election here, it is worth revisiting the actual tariff outcome to American consumers in order to dispel the popular myths about tariffs raising prices here at home.  This might be the cited data you want to bookmark for later reference.

It was the Fourth Quarter of 2019…..

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Today on Sunday Morning Futures, President Trump sat down for an economic discussion with Maria Bartiromo.

President Trump focuses correctly on inflation and the root cause, The Green New Deal.  Joe Biden’s energy policy was the biggest trigger on consumer price increases.  The energy policy fueled inflation caused by monetary policy.  President Trump correctly notes the first step in dealing with the inflation dynamic is to lower the energy prices. WATCH:

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The group who promoted, pushed and ultimately influenced the JD Vance nomination consisted of: Charlie Kirk, Tucker Carlson, Elon Musk, Peter Thiel, Bill Ackman, David Sacks, Chamath Palihapitiya, Jacob Helberg and of course, Vivek Ramaswamy.  On the inside of the Trump orbit, the network had Jason Miller and Donald Trump Jr also promoting JD Vance.

JD Vance was then invited to be an attendee at the June 6th San Francisco fundraiser for President Trump, hosted by Sacks and Palihapitiya, and that’s likely when the first one-on-one running mate discussion between President Trump and Senator Vance took place.

It is critical to remember these names because the Silicon Valley influence agents will soon be pushing their Trump-term policy agenda through Vice-President JD Vance.

We are starting to see the outlines of their JD Vance policy agenda, the points of their advocacy, starting with a carbon tax system.

[LINK]

The global carbon tax program, a tax on your personal carbon footprint, is the system for the carbon trading platform (likely tied to your digital id).  It is a large policy position of the World Economic Forum.

I’m not quite sure how well the carbon tax program would be received in the Appalachia range area.  I digress.

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You are not going to like this, and most will say I’m nuts. However, with more than a dozen years of crazy “right-wing conspiracy theories” proven out in real time, I hope the long-time readers will adjust their perspectives and affairs accordingly.

The IC is coming after Judge Sam Alito, but not because of his non pretending, general J6 disdain, solid grasp on the fraud that is Joe Biden, or his wife having an upside-down flag (although the non-pretending aspect is very troubling for them). No, the IC has been coming for Justice Alito since Chief Justice John Robert’s internal court counselor’s lead office staff, Sheldon Snook, the husband of Mary McCord, leaked the Alito decision [Dobbs Decision] overturning Roe and sending the abortion issue back to the states.

The Sheldon Snook leak, hidden by Justice Roberts due to the origination from his office, is the structural compromise within the court that gives the IC leverage over the third branch of government.  In a strange situation, Judge Alito appears to be holding the line and forcing the IC to come out of the shadows after him.  My hunch is he’s just had enough.

There was a recent decision by the Supreme Court to validate the funding mechanism for the Consumer Financial Protection Bureau (CFPB), a racketeering operation of government created by Elizabeth Warren {GO DEEP – AMY HOWE} {GO DEEP – Background}.

The CFPB is supposed to protect consumers from predatory financial systems.  That was the selling point. However, the CFPB is paid by (read “funded by”) the Federal Reserve to protect the interests of the U.S. dollar reserve system; that’s the deep state motive (you’ll see why later).  The other motive is the CFPB blackmailing the financial sector to support Democrat operations and policies – or else [we’re not supposed to talk about that part].

What few people paid attention to recently, including Amy Howe of SCOTUS blog, was….  the 7-2 decision not only approved the funding mechanism as constitutional (it’s not), but the high court also reversed itself on the 2020 decision about the constitutionality of the CFPB itself.  Why reverse itself in only four short years?  That’s where you need to see the leverage and insert John Roberts hiding the Sheldon Snook leak.

2017 SCOTUS had issues with the CFPB’s constitutional structure.  2020 SCOTUS still has issues with the CFPB’s constitutional structure.  2024 SCOTUS suddenly says ‘all good’ to CFPB funding and constitutional structure.  What changed?  Court is compromised by hiding the Dobbs leak.

However, Justice Alito…. same justice who wrote the Dobbs decision….  wrote the dissenting opinion on the CFPB construct (joined by Gorsuch).

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This entire hour conversation with Péter Szijjártó is a ninja level linguistic evisceration of the lies, fraud and media spin that form the epicenter of the “great pretending” era.  It really is worth watching all of it.

However, for the sake of time and focused attention, I have prompted the interview to the 18:00 point where Hungarian Minister Szijjártó, the Hungarian equivalent of our Secretary of State, talks about the great Western con job surrounding the Russian sanctions.

As many of you know, I traveled to Budapest and sat in bank offices so that I could literally see with my own eyes what I was told was happening {GO DEEP}.  Everything that Péter Szijjártó says in this interview is well articulated and 100% accurate to the reality of what is happening.  WATCH [Prompted]:

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It was predictable [SEE HERE], and it happened exactly as predicted.

BlackRock investment firm writes the regulatory and economic policy for Joe Biden’s administration. That’s the quid-pro-quo that maintains the Biden political financial operation. All of DC know it. No one does not know. The ones who claim they do not know about it are all pretending. Republicans take the background BlackRock bribes and pretend.

BlackRock positioned massive investment assets inside Chinese auto manufacturers, MG, BYD, and Chery. The three Chinese companies are in the process of moving North American auto manufacturing to Mexico, specifically to make EVs. The Chinese EVs made in Mexico will come into the U.S market tariff free under the USMCA trade agreement. China and BlackRock will make billions.

Today, Joe Biden announced a series of tariffs against China in the EV industry. [SEE HERE] The Chinese EVs are not being made in China. The tariff regime is a farce – a total joke.

Biden might as well be announcing tariffs on Chinese swimming pools flown into the USA via hot air balloon.  There will be more Chinese swimming pools delivered from China than Chinese EVs.  The Chinese EVs come from Mexico.  The tariff is fake.

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Guyana President Dr. Irfaan Ali sat down with BBC narrative engineer Stephen Sackur, host of BBC’s HardTALK, to talk about Guyana’s vast offshore oil and gas reserves and how it is transforming their national economy.

The BBC production crew came with an intent to confront President Ali about climate change and the unwillingness of the emerging nation to adhere to the dictatorial fiats of the Western world. BBC arrived fully immersed in the climate change agenda, with a narrative that stands aghast at the nerve of another nation to look out for the best economic interests of their citizens.

President Ali was not going to allow the BBC to avoid the hypocrisy within their position and he fired back brilliantly. WATCH (prompted):

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Pretending leftists wonder why the world is cleaving.  Then again, in order to advance their insane ideology, the progressive left must always pretend not to know things.  The BBC narrative engineer is a case study in this pretense.

An entire generation within the walled and occupied West have been indoctrinated to believe in the cult of climate change.  As the same ‘Western world’ loses a grip on their historic influence, the global cleaving does not come as a surprise.

People have asked me about the origin of the CBDC planning, the motive for the master design of the WEF and Western financial and corporate world.  Why would they need to wall-off the West through banking, finance and economics?

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There’s some nuance in the story, but essentially the Biden administration is not approving or extending Liquified Natural Gas (LNG) export permits to nations who do not have free trade agreements (FTA’s) with the United States.  This is causing expansion issues in the LNG industry as needed investment capital by the industry is negatively impacted.

The Biden administration says they are pausing the permitting while they study climate change.  However, the Biden administration is also unilaterally sending LNG to Europe to support the NATO objective to hamper the Russian economy (not working).

As a consequence, the Biden administration (think Biden family) is controlling the outflow of LNG; essentially putting themselves in a position of financial influence over the LNG industry.  Who is controlling whom, and why?

HOUSTON, Texas — The liquefied natural gas industry has criticized the Biden administration for pausing export permits on LNG as uncertainties arise for developers planning massive amounts of investment.

Major U.S. exporter Freeport LNG’s Chief Executive Officer Michael Smith said Wednesday in an interview on the sidelines of the CERAWeek energy conference in Houston that “you won’t get this resolved till after the presidential elections” in November.

The U.S. Department of Energy, which issues permits for LNG export projects to countries that are not part of free trade agreements, announced in January that the government will pause permits to review how the projects affect climate change, national security and the economy.

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This is a good opportunity to emphasize a key point that is often missed.   In the research and discussion outline yesterday, about Joe Biden’s EPA publishing new regulations for the auto industry, we dove deep into the background of what actually creates the issue. {GO DEEP}

The issue that should concern everyone is not the Joe Biden administration and their ideology around climate change, or the EPA, or even the viability of EVs themselves.  The issue that should draw the biggest concern is how the regulation originates; what is the impetus; who are the beneficiaries?

The regulation itself did not originate in the EPA, nor was it created from an origination process amid climate ideologues in the administration.  Everything starts with BlackRock positioning their assets.  From that empirical point, all political activity then takes place, which includes the regulations to support the BlackRock objective.

A massive, multinational investment firm is in control of political outcomes in the USA.  That should be the emphasis, not necessarily the regulation that flows as an outcome of that control, and certainly not the debate over whether EVs are a viable alternative to combustion engines.

BlackRock, and the control agents of finance, banking and investment, would like nothing more than to see Congress have debates about climate change, the viability of EVs as an alternative to combustion engines, the nuances of power grid generation from alternative energy sources, the scale of energy need as estimated and debated for the next two decades, etc.

All these points of debate become useful political policy issues that divide and contrast.  Sure, Congress would love to hold hearings about EV viability, U.S. grid compliance, the need for subsidized charging stations, etcetera, etcetera.  Because what is not discussed in this debate is where the subject matter comes from.

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Gary Cohn appears on Face The Nation to discuss the finance, the economy and the pain felt by consumers.  He won’t say it directly, for obvious reasons, but what Cohn describes in terms of political support boils down to Main Street business supporting Donald Trump and Wall Street Multinational Corporations supporting Joe Biden.  That is ultimately what is obvious at a macro level.

I’m starting the video at 03:08 for the purposes of emphasizing inflation.  What Cohn says about U.S. inflation is essentially accurate and I have a Cliff Notes, tldr, HERE.  However, what Cohn says about tariffs creating inflation is not accurate, as outlined by the 2017 through 2020 results of Trump tariff policy.  Cohn says, “No one absorbs tariffs, except the consumer,” this is false.  As we saw in 2017, 2018, and 2019 China, Asia and the EU essentially dropped their export prices to retain access to the USA market and offset tariff costs.  That’s just a statistical reality.

The transcript is HERE; however, I want to draw attention to a geopolitical aspect that is not getting enough attention.  Specifically, the cost of FOOD PRODUCTS and the attached inflation.

Why is food inflation continuing to be a problem?  Why is food inflation not just a USA problem?  Why are the EU farmers protesting?  These questions are easily answered, and yet no one in the Western financial press will explain.

The Build Back Better agenda, known in the USA colloquially as the Green New Deal, carries with it massive increases in cost for energy products.  Fertilizer, which needs natural gas, and farming, which needs large amounts of fuel, diesel and fuel oil, uses costly energy products.  Packaging, plastics (petroleum derivatives) and cardboard also require large amounts of energy.

The manufacturing (heating, cooling, freezing) as well as storage and transportation of food products also use massive amounts of energy.  Additionally, and specifically because of the nature of their consumption, the increased energy costs associated with generating food travels quickly through the supply chain.

Food inflation is always the first thing you notice when the prices of energy products skyrocket.  This is well known and not subject to debate; everyone accepts this.

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