State of the Union: Trump announced a new 100 percent tariff on Chinese goods in response to export controls on rare earth minerals. President Donald Trump announced Friday that an extra 100 percent tariff would be levied on all Chinese imports starting November 1 in retaliation for China’s recently announced export controls on rare earth minerals. He announced at the same time American export controls on “critical software.” Trump also suggested that he will cancel an upcoming meeting with China’s President Xi Jinping over the new export controls. China announced Thursday its new licensing regime for goods containing rare earth…
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State of the Union: The ongoing government shutdown has given the administration an opportunity to conduct reductions in force. The Trump administration began laying off thousands of federal workers Friday, following through on its pledge to shrink the federal government. In a court filing late Friday, government lawyers at the Office of Management and Budget (OMB) said about 4,200 employees across at least seven agencies began receiving reduction-in-force (RIF) notices on October 10. OMB Director Russ Vought confirmed the action on social media. “The RIFs have begun,” he posted on X. The largest cuts are at the Departments of the…
We should never allow the complexity of America’s contemporary problems to confuse, discourage, or overwhelm us. Correcting our present course and charting our way forward is best achieved by aligning our approach and policies with timeless wisdom and principles understood and codified by the founding fathers. It turns out that the Constitution provides the framework, specifically the Article II, Section 2, and supremacy clause of Article 6, to put down the current city and state rebellions in California, Oregon, Illinois and some 12 other states claiming “sanctuary” status. Another powerful source of wisdom and insight into our contemporary problems is…
Chief executive Jamie Dimon says US too dependent on ‘unreliable’ sources of materials ‘essential’ to national security JPMorgan Chase will take stakes in companies of up to a total of $10bn to help fund growth in areas it deems critical to US security, the latest sign of Donald Trump’s “America First” policies being adopted by big business. The investment plans are part of a broader 10-year initiative that JPMorgan announced on Monday through which it is aiming to facilitate and finance $1.5tn in so-called critical industries. JPMorgan chief executive Jamie Dimon said it had “become painfully clear that the US has…
Texas Attorney General Ken Paxton uncovered “illegal activities” by the developers of the ‘Sharia City’ and super mosque. “I’ve uncovered illegal activities by EPIC City developers and requested a referral from the State Securities Board to file a lawsuit,” Ken Paxton said. “After a thorough investigation, it has become clear that the developers behind EPIC City flagrantly and undeniably violated the law,” he said. “Attorney General Ken Paxton announced the identification of evidence that entities connected to the East Plano Islamic Center (“EPIC”) land development project violated federal and state securities laws and regulations. Attorney General Paxton has formally requested…
The ignorant, clueless mainstream media has it wrong again. They’re so dumb, they couldn’t spell “CAT” if I spotted them the C and A. We’ve all seen the nonstop headlines claiming “Las Vegas is in Freefall” “Vegas is Dying” and “Vegas is Finished and Will Never Recover.” All of which is a gross exaggeration. First of all, Vegas is plenty busy- just like always. Just a little less busy than last year. Revenues are down single digits from last year- which was one of greatest years in the history of Vegas. In 2024 Nevada casinos enjoyed the all-time-record largest win…
China is actively preparing for war against the United States. The signs are obvious and ominous. During the Biden regime, we saw the first signs of it. The Chinese began a campaign of “elite capture” in the Western Pacific, quietly buying legislators until they controlled the parliaments of at least eight nations and then negotiating defense agreements, that, in the case of the Solomon Islands, gives China the right to deploy troops there to put down civil unrest; see China Seeks to Buy Eight Pacific Island Nations While Joe Biden and His State Department Are Comatose – RedState. Part of this…
Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, and provided a few hints that more interest rate cuts are in the cards. Speaking to the National Association for Business Economics conference in Philadelphia, Powell delivered a dissertation on where the Fed stands with “quantitative tightening,” or the effort to reduce the more than $6 trillion of securities it holds on its balance sheet. While he offered no specific date of when the program will cease, he said there are indications the Fed is nearing…