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Sunday April 6th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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Rick Santelli Blasts CNBC Panel for Gaslighting Audience About Trump Tariffs

Rick Santelli has been known to call the baby ugly when needed.  During an epic panel discussion around the motives and intentions of President Trump’s trade reset, Santelli gets passionate when describing the valid reasons for Trump’s tariffs.

The CNBC panel, mainly Steve Liesman, tries to downplay decades of the working-class being diminished by economic panel, and Santelli was having none of it.  Video prompted, WATCH:

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Stephen Miller, Rebalancing Global Trade is a “Matter of National Survival”

White House deputy chief of staff for policy Stephen Miller appears on Fox News to discuss the importance of the tariff policy and reestablishing American industry via the global trade reset.

Miller outlines the U.S market reaction to President Donald Trump’s tariffs and China’s 34% countervailing tariff response on U.S. products.  As Miller notes, the tariff program is simply one part within the rebalancing of trade to protect American industry.  WATCH (prompted):

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April 5th – 2025 Presidential Politics – Trump Administration Day 76

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

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Saturday April 5th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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The First of Many – Vietnam Negotiates Zero Tariff Policy

On March 27th, CTH shared the following: “Wealthy nations will attempt to maintain exports against President Trump tariffs by subsidizing their industries. Corporations have deeper pockets, and the politicians are used to the bribes, we call it “lobbying.” Therefore, the government responds by subsidizing the corporations [ie. the WEF business model].

How does the politics of opposition surface?  …”Canada will subsidize their export industries, Germany will subsidize their auto industry, the EU will provide subsidies to their manufacturing powerhouses, and China will once again start subsidizing their manufacturing industry. Each of these nations will in turn, eventually, devalue their currency.

However, poorer nations will be faster to lower import tariffs on USA goods because they have lower lobbying (bribe) income from corporations to govt. That’s what we should expect to see.” [LINK]

With the tariffs now triggered, it begins exactly as anticipated:

[SOURCE]

The economics of the thing is now colliding with the politics and the ideology, of the thing.  Globalists are being confronted.  The proverbial West will cleave according to their financial self-interest.

The World Economic Forum (Build Back Better) model no longer views the USA as an ally.  The MAGAnomic “Big Ugly” is underway.  Countries will thrash and gnash their teeth; then surge in opposition, fail, then attempt to refoot and realign, then surge again and fail again.

And so it will go…

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Treasury Secretary Scott Bessent: “Economic Security is National Security”

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

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The Apoplexy Over the Trump Tariffs is the “Trillions at Stake” Part of Our Decade’s Long Discussion

During one of the 2016 Republican debates, the Wall Street Journal’s Kimberly Stassel challenged Donald Trump on the projected revenue from his proposed tax plan. In essence Stassel claimed some economists doubted the growth factor Mr. Trump projects in his tax proposal.

What was highlighted within the question was one of the larger hurdles Trump faced as he needs to re-educate an entire generation on a fundamentally new vision of the U.S. economy. A return to a goods-based manufacturing and industry driven economic model.

President Trump’s MAGAnomic trade and foreign policy agenda is jaw-dropping in scale, scope and consequence. There are multiple simultaneous aspects to each policy objective; they have been outlined for a long time.

Interestingly, many people have forgotten a 1991 (35 years old) video of Donald Trump testifying before congress – as evidence of him being tuned in to the economic consequences of political activity.

The entire video is well worth watching, because it gives us insight into a very specific moment in time as they discuss the ‘Reagan era’ 1986 tax reform act.

However, for the sake of this discussion post, I would like to draw your attention to a very specific exchange between Donald Trump and Representative Helen Delich Bently (R-MD).

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Secretary of State Marco Rubio Holds a Press Conference on Tariffs, NATO, Russia/Ukraine and More

Secretary of State Marco Rubio is attending a meeting of NATO foreign ministers in Brussels.  The timing puts Secretary Rubio in Europe just as NATO allies and European countries are reviewing the impact of the reciprocal tariffs levied against them by President Trump.

The press pool reacts to the concerns of several European and NATO member states through their questions.  Secretary Rubio eloquently cuts through the nonsense, through the narrative engineering, and deliberately – with clarity – outlines the position of the Trump administration.  Secretary Rubio is well within his element in these responses.

Rubio has really showcased a remarkable talent in support of President Trump and the diplomatic agenda of the Trump administration; remarkably so.  The era of pretending diplomacy is coming rapidly to a close and Rubio is doing very well in his position.  WATCH: 

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April 4th – 2025 Presidential Politics – Trump Administration Day 75

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

(more…)