Daily Signal

Are we prepared for the Cold War we’re actually in?

Communist China is deeply embedded in every facet of American life—our economy, academics, and cultural life. For that reason, Victor Davis Hanson warns that we are already in a Cold War against it. 

The Soviet Union had thousands of nuclear weapons. But China, Hanson argues, presents a different kind of challenge—one rooted in infiltration, influence, and integration rather than isolation. Do Americans recognize the scope of the challenge we’re up against? And are we prepared to stand strong? Victor Davis Hanson answers all this and more on today’s episode of “Victor Davis Hanson: In a Few Words.”

“There's an insidious idea that China's not really an enemy because of the massive amount of money that has been invested there. And that means put the Chinese students, the Chinese residents, the foreign investment, and our history of empathy with China; it’s very, very hard to tell people that China is an existential enemy in the way that Russia was. And we all know that they played the DEI woke propaganda card. Especially we saw that with COVID.

“Can you imagine if the Russians bought farmland next to us, high-security military bases? We would have never allowed that to happen. We would have never funded a Russian lab. So there are so many different ways that China has infiltrated the cultural, social, economic, political life, the military life of the United States, that they are much more insidious, much more powerful.”

(0:00) Introduction

(0:15) Comparing the Cold Wars: Russia vs. China

(0:40) The Russian Cold War: Isolation and Espionage

(2:14) China's Unique Position

(3:20) The Cultural and Economic Infiltration by China

(5:34) DEI Propaganda and COVID-19

(6:38) China's Strategic Infiltration and Conclusion

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It’s been five weeks since the U.S. removed former Venezuelan President Nicolas Maduro from power. But the question on everyone's mind is what comes next now that Maduro is no longer in power. 

State Department Deputy Spokesperson Tommy Pigott joined “The Signal Sitdown” this week to discuss the plan to stabilize, recover, and transition power in Venezuela.

Pigott explained the administration's phased approach to Venezuela. 

"First, the stability of Venezuela. Second, the recovery, where you might see the beginnings of investment, in oil infrastructure, for example. Then the third phase being that transition to a longer-term situation where hopefully you have a reliable partner in the region."

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Jerome Powell’s tenure at the Federal Reserve “has been an unmitigated disaster” as his Fed “created a novel monetary framework in 2020 that is proving very difficult to manage and maintain.”

The good news, however, is that Powell’s time at the Fed will be up in May, and his replacement, “inflation hawk Kevin Warsh,” looks much more promising, says E.J. Antoni, Ph.D, The Heritage Foundation’s chief economist.

"If Warsh is confirmed and can clean up the Fed, it will reassure financial markets and help deliver a Main Street boom without inflation or another financial crisis." 

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Jerome Powell’s tenure at the Federal Reserve “has been an unmitigated disaster” as his Fed “created a novel monetary framework in 2020 that is proving very difficult to manage and maintain.”

The good news, however, is that Powell’s time at the Fed will be up in May, and his replacement, “inflation hawk Kevin Warsh,” looks much more promising, says E.J. Antoni, Ph.D, The Heritage Foundation’s chief economist.

"If Warsh is confirmed and can clean up the Fed, it will reassure financial markets and help deliver a Main Street boom without inflation or another financial crisis." 

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Virginia’s recent winter storm brought with it the usual state of emergency announcements along with “the inevitable swooping in” of some politicians going “after anyone who’s price gouging.”

Price gouging laws basically mean things like “batteries,” “tree removal services,” food and water can’t be sold at “unconscionably higher” prices than they were “10 days prior to the storm,” explains Scott Goodman, a defense attorney at The Goodman Law Firm in Charlottesville, Virginia.

“The business or the supplier that can open its books and show that this is what it costs them to get the water [for example] and that the percentage of the profit that they’re adding on top of that when they sell it to a customer is basically the same as it was prior to the state of emergency, that would again, speak to the fact that they’re not price gouging. They’re simply passing along a higher cost that they have to the customer.”

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Minnesota’s top officials are fanning the flames of unrest in their state. When are we going to call it like we see it? This is an insurrection.

From Gov. Tim Walz and Attorney General Keith Ellison to Minneapolis Mayor Jacob Frey, state and city leaders have repeatedly excused, enabled, and emboldened disorder. They’re only the latest links in a long Democrat chain of political indulgence toward radicalism, tracing back to the civil rights era. Victor Davis Hanson warns of the fractures this mindset brings on today’s episode of “Victor Davis Hanson: In a Few Words.”

“ What we're seeing is a complete failure of the blue state model. And the failure is ironic because it's neo-Confederate. Just like the old Confederacy and the Antebellum South, these blue states are obsessed with race. This is where DEI comes from. This is where, if you're one-sixteenth of this, or you have DNA of that, you identify, primarily, by your ethnic or racial background and not your common humanity or your common American citizenship. Very similar to the South.

“This is something that's disturbing, that it's a trademark of over 150 years that the Democratic Party has, maybe it feels that it's more a people's party, but they feel they can defy federal law at their own volition.”

00:00 Introduction

00:10 Minnesota's Insurrectionary Rhetoric

00:29 Impact on ICE and Law Enforcement

03:43 Historical Context of Defiance

05:53 Blue State Model and Neo-Confederate Comparison

08:45 Conclusion: The Future of Blue State Defiance

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Last week, Virginia Democrats unveiled a new congressional map that could flip four of the five Republican seats in the U.S. House of Representatives in the midterm elections. However, the Virginia Supreme Court will now determine whether the Democrats’ redistricting plan can proceed after a lower court blocked their efforts, ruling “that the Democrat-led Legislature had wrongly approved a constitutional amendment that would allow for mid-decade redrawing of congressional districts ahead of the midterms this fall,” Politico reported.

Virginia state Del. Thomas Garrett Jr., R-Va., joins The Daily Signal’s Virginia correspondent, Joe Thomas, to discuss the implications the proposed congressional map could have on the state’s political makeup heading into the 2026 midterms.

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A product of the “Big Beautiful Bill,” Trump Accounts give American children — sorry, illegal aliens, this one is for us — a “tremendous” financial head start on life, providing the means to pay for college or put a down payment on a home, along with exposure to equities, something roughly 1 in 3 Americans currently do not have.

If you make the maximum annual contribution of $5,000 to a Trump Account, it could be worth:

At age 18: $300,000

At age 28: $800,000

At age 55: $10 million

All courtesy of the power of compounding returns, argues Heritage Foundation Chief Economist E.J. Antoni in this special video commentary.

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President Trump’s “clamoring for the Federal Reserve to lower interest rates” may finally pay off later this year when Kevin Warsh takes over as the new Fed chair.

 Trump “shouldn’t have to wait that long,” however, because his appeal to the Fed has been “on the grounds that inflation is much lower than what’s being officially reported,” explains E.J. Antoni, Ph.D., The Heritage Foundation’s chief economist. 

“ It turns out Trump is spot on with today's real inflation rate being only one-third the official metrics. In fact, these numbers come from the real-time price aggregator Truflation which monitors millions of prices every single day. That is orders of magnitude more than the Bureau of Labor Statistics, or BLS, which only observes a few thousand prices just three times per month.”

(00:00) Trump's Push for Lower Interest Rates

(01:49) Understanding Real Inflation Rates

(03:40) Comparing Truflation and CPI

(06:26) Housing Costs and Inflation Metrics

(09:02) The Impact of Lower Interest Rates

(09:38) Conclusion and Next Steps

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There is “no coherent principle” to the left’s ongoing “utterly hypocritical” “insurrectionary movement” in Minnesota, argues Daily Signal senior contributor Victor Davis Hanson in his first post-surgery video appearance.

Nearly five years ago, these same people lambasted Ashli Babbitt, an unarmed 14-year Air Force veteran who was shot and killed by the U.S. Capitol Police on Jan. 6, 2021.

The left cheered as hundreds of demonstrators were arrested for allegedly assaulting officers and carrying firearms.

Meanwhile, they said it was perfectly OK for somebody like Alex Pretti “to go to a demonstration with a military-grade semiautomatic weapon, with extra clips, and just stick it in his waistband, visible sight of anybody, and then get into a brawl with law enforcement officers,” Hanson continues.

“All of our most prominent liberals are saying the state of Minnesota has a right to do what? Occupy federal property? Attack federal officers? Prevent the enforcement of federal law? I thought the left didn’t like states’ rights. I thought they said that this was ‘insurrectionary.’”

00:00 Introduction and Personal Update

01:32 Health Struggles and Recovery

03:58 Minnesota's Street Insurrection

06:13 Hypocrisy in Law Enforcement

09:37 States' Rights and Federal Law

12:57 Conclusion and Future Discussions

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👉Want more VDH? Watch Victor’s weekly, hour-long podcast, “Victor Davis Hanson: In His Own Words,” now! Subscribe to his YouTube channel, and enable notifications:  https://www.youtube.com/@victordavishanson7273?sub_confirmation=1

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