Good morning kids. Of course the leading story is the aftermath and reactions to President Trump's tariff regime announcement last week. Of course. Despite the doom casting and politicization from the usual sources, already 50 countries are crying Uncle Sam and want to negotiate with Trump and team.There are other potentially massive benefits if this is given the chance it deserves to work.

Trump’s economic team has subtly suggested the impact of the import duties could extend to increasing foreign direct investment in American industries, incentivize a shift in economic investment away from market speculation and into industries focused on producing tangible value, and put downward pressure on interest rates by lowering the 10-Year Treasury Bond yield.The myriad economic objectives the Trump White House hopes to achieve through its tariff policy are ambitious, to say the least. However, if the policy succeeds, President Trump will have fundamentally moved the United States into a position to dominate the global economy for the foreseeable future. . .

One of the more important secondary policy goals that the Trump White House likely hopes to achieve is a reduction in the 10-year Treasury Bond yield. While most people focus on the Federal Reserve Bank and its interest rate policy, the yield of long-term government bonds impacts interest rates on types of debt held for longer durations, including mortgages, credit cards, and, most importantly, government debt.The tariffs are anticipated to push the 10-Year Treasury Bond yield lower, meaning the cost of the federal government’s payments servicing the national debt will be reduced. Notably, the inflationary cycle that set in under the Biden government—and was exacerbated by former President Joe Biden’s reckless spending policies—caused the cost to service the debt to increase dramatically and made it difficult for the government to take on any new debt.

I don't know the exact figure, but the amount of money from the budget each year that goes to just the serving of internets payments on the debt and not the debt itself is insane. And the total debt now stands at 36 Trillion dollars. Regardless of who was and is in offie, that is and always has been unsustainable.

Just to reiterate a point I tried making on Friday, while it's great that numerous countries are now signaling a willingness to drop their tariffs and trade barriers on US goods, but in order to really bring jobs back home, along with the dismantling of as much of the regulatory state and bureaucracy that can be accomplished, How about major tax holidays and reductions for any enterprise, or person who opens a factory on US soil and employs actual US citizens. While the dismantling and off-shoring of our manufacturing sector has been going on since the 60s, it was the granting of Red China most-favored nation trading status and a seat at the WTO in the 90s that accelerated the death spiral of America's industrial base. And the blame rests both with the Clinton Dems and Bush era GOP that followed, with the headlong rush towards globalization, mixed with domestic power politics, despite what it did to the nation and people who elected them and their parties. But somehow Trump is an inept, dangerous fool for attempting to put things right.

And while that is going on, we still have to contend with this insanity:

Democratic strategist James Carville said Friday his “Politicon” podcast that those who cooperate with President Donald Trump’s administration were comparable to Nazi collaborators in World War II.

Carville said, “How disgraced must these law firms feel now? How disgraced must these companies that are sucking up to him – that are giving him tens of millions of dollars for access. Do you know what’s going to happen? Do you know how this ends? Do you know these collaborators, what the country is going to feel towards collaborators with this regime? Maybe you need to go in history and see what happened in August of 1944 after Paris was liberated. They didn’t take very kindly to the collaborators. No. It was not a very pretty sight in the streets of Paris.” He added, “I’m not saying that these people should be placed in pajamas and have their head shaved, marched down Pennsylvania Avenue and spit on. I’m not saying that, but I’m saying that that did happen. And I’m saying that these people betrayed the French nation in the same way that I think that these law firms and these giant corporate conglomerates are betraying the United States. What their comeuppance is I can only guess. I don’t believe in any kind of, don’t believe you should assault anybody.”

Except that by carefully and consciously making this analogy, it's exactly what he's saying! There's a direct line to what he is saying, to what Bill Ayers believed once he and the Weathermen overthrow the government that he'd have to liquidate 25 million citizens who refused to recognize his power straight down to the actual Hitler and his Nazis he equates Trump and MAGA Americans with.

And on that note, we have this item that also revolts without necessarily being surprising.

Gov. Josh Shapiro attended an ‘iftar’ dinner at a mosque where an imam had previously declared that “Jews are the vilest people”, and announced a huge grant for the hate mosque.The $5 million grant, described as the largest ever given to a Muslim institution, came only 5 years after the Al-Aqsa Islamic Society in Philly was forced to apologize for posting hateful Islamic sermons by an imam delivered at its mosque declaring that the Arabs were superior to all races, that Jews were the “enemies of Allah” and the “vilest of all people”.

The imam also appeared to call on Muslims to take over the world.“By Allah, if faith had taken root in our hearts, things would have been different. We would have imposed the word of Islam upon the world, like those before us did,” Imam Abdelmohsen Abouhatab told the congregation at Al Aqsa.

He also quoted a Hadith describing the eventual Muslim extermination of the Jews.

With Jews like Josh Shapiro, we don't need Nazis. Can we ask Carville about what he thinks of those who cooperate with this Imam and all who think and act like him. Of course not.

Have a good day.

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