Truth Based Media

On today's episode of The JD Rucker Show, we'll be covering these topics:

- Catholic Laity Urge Vance to Launch Racketeering Investigation into U.S. Bishops- Gen Z Is at the Forefront of the Digital Currency Revolution- President Trump to Reinstate Travel Ban- Seb Gorka Absolutely Obliterates Fake Jake Tapper's Feeble Attempt at Journalism- Tariffs Are Absolutely Necessary to Defeat Globalism, but They Come With a Cost- Gold Remains the Standout Asset as Global Trade War Sinks Equity Markets- Soros-Backed Wisconsin Supreme Court Candidate Susan Crawford Defends Light Sentencing for Pedophile During Debate

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(Alt-Market)—Ever since the days of Herbert Hoover and the official start of the Great Depression the concept of trade tariffs has been readily demonized across most of academia and among the majority of modern economic ideologies. It is actually one area where globalists and free market economists tend to align (though each group has very different reasons).

Proponents of Adam Smith’s free market philosophy or Ludwig Von Mises and his Austrian school are just as likely to be opposed to Donald Trump’s tariff plans as any globalist from the halls of Davos.

First and foremost we have to make it clear what tariffs are: Tariffs are taxes on international companies importing goods from other nations. These taxes are designed to force companies to import from countries outside of the tariff list or produce goods domestically. The primary targets of tariffs are actually corporations. The secondary targets are countries on the tariff list.

Austrian economists in their opposition to tariffs operate on the assumption that large corporations are “free market” entities. They also assume that globalism is a product of free markets.

Adam Smith might have witnessed the corruption of mercantilism, but he had no inkling of the monstrosity of modern globalism and how it would ultimately pervert the free market ideal. The same goes for Mises. Their support for global trade was contingent on the idea that government interference is always the root problem, the fly in the ointment.

They did not take into account the blurring of lines between corporations, governments and NGOs – They did not consider the corporate shadow government of Davos and the manipulation of markets in the name of “free trade”. They couldn’t have even fathomed the creation of organizations like the IMF, World Bank, the BIS, etc. at the time they came up with their economic theories.

After the Bretton Woods conference Mises would go on to question the motives of the new “global order” and the trade agreements being put in place. He would also oppose at least some aspects of globalism before his death, leaving Austrians to debate the merits of “good globalism” vs “bad globalism”.

The reality is that today there is no “good globalism”. It doesn’t exist because the entities dictating global trade collude rather than compete. They are not actually interested in free markets, they are interested in global monopoly. And corporations are the key to this monopoly.

Adam Smith criticized the idea “joint stock companies” (corporations), but there are a lot of Austrians and Anarcho-capitalists that defend international companies as if they are an inherent evolution of free market progress. This is simply not so. Global corporations (and central banks) are pure socialist constructs chartered by governments and given special protection. Their immunity to constitutional restrictions serves government interests and government legal chicanery serves corporate interests.

This is the opposite of free markets. I’ll say it again – Under the current conditions, global conglomerates are NOT free market organizations. They destroy free markets by using government partnerships to erase competition.

The covid event and the rise of woke propaganda in the US are perfect examples of the collusion between companies and governments to institute social engineering and erase free economic participation. Anyone not suspicious of these entities after everything that happened is beyond help at this point.

These corporations also act as wealth siphons; sucking up consumer cash in one country only to deposit it in other countries instead of cycling that wealth (after their cut) back into the economy they rely on for sales. In other words, global corporations act as a kind of wealth redistribution machine that takes money and jobs from Americans and spreads them around the world to the detriment of the American public.

As the middlemen of this wealth redistribution scheme, companies generate vast profits while people on both sides of the exchange get very little in return. Mexico might seem like it benefits from the NAFTA trade imbalances, but this is a mistake. The Mexican people and their standard of living enjoy minimal benefits; the companies that use them for labor get the advantage, along with some government officials on the take.

In turn, US GDP and our supposed national wealth continues to rise due to global corporations. But the majority of that wealth increase is not going to Americans, it’s going to the .0001% of elites. The longer globalism carries on the wider the wealth gap becomes. This is an undeniable fact and I think people on the left and the right mostly agree on this issue, but nobody wants to make the hard decisions and do something about it.

Leftists think bigger government and more regulation is the answer. Conservatives think smaller government and less regulation is the answer. Conservatives are closer to the mark, but neither solution confronts the core problem of collusion between governments and conglomerates.

Keep in mind, the US operated on tariffs for hundreds of years. The “T-word” did not become a bad word until the creation of corporations, the Federal Reserve system and the income tax.

So, I stand with my Austrian School economist friends on most things, but when they cry foul on Trump’s tariffs I have to remind them that the situation is not as simple as “government interference bad”. The current system is long overdue for a course correction and fiscal Libertarianism is not going to provide it. They think they’re defending free markets, but they’re not.

Another key problem of globalism is forced interdependency. If each nation is producing an ample supply of their own necessary resources, they have resilient domestic job creation, and they decide to trade excess goods with each other then global markets make sense. But, what happens then when each nation is pressured though trade agreements to rely on every other nation for the basic economic needs of their populace?

Then we must reexamine the value of globalism in general.

International economic interdependency is a form of slavery, especially when corporations and NGO middlemen are involved. Only resource redundancy and localism foster true free markets and individual liberty. Tariffs can help to energize local production and trade and make communities more self reliant. That said, there’s going to be a cost.

The comparisons made between Donald Trump and Herbert Hoover are rampant and have been since 2016. I warned during Trump’s first term that accelerating fiscal decline and growing stagflation could be dropped in his lap and blamed on conservative policies. That is to say, anti-globalism would be blamed for the financial destruction caused by globalists. I continue to believe that this agenda is still in play.

Hoover was blamed for exacerbating the Great Depression in 1930 with his Smoot-Hawley tariffs. In truth, the Great Depression spread because of a series of policy decisions by major banks and rate hikes by the Federal Reserve (Former Fed Chairman Ben Bernanke admitted to this openly in 2002). At the time it didn’t matter who caused it – Hoover was president and so he was the scapegoat.

The same situation could happen for Trump if he’s not careful, and all conservatives will be blamed by extension. It’s important to remember that US production has been hollowed out by decades of government interference supporting globalization, along with unchallenged corporate power. Reining in corporations with tariffs is not going to be enough, there must also be incentives to reverse the damage done by decades of government corruption.

I can’t think of any other way to rebuild America’s production base fast enough to counter the price increases that will inevitably come with tariffs. Defeating inflation would require an unprecedented national effort to bring back manufacturing specifically for necessities. Tariffs by themselves are not going to make this happen.

We need mass goods, energy and housing NOW, not several years from now. Otherwise, in the long run tariffs will only make the situation worse. Libertarians are right to warn of negative effects on American consumers, but the solution is not to let corporations do whatever they please and for globalism to continue unchallenged. The solution is to break globalism and return to a domestically independent model.

Finally, there’s the issue of the dollar and its world reserve status. After Bretton Woods the great unspoken arrangement was that America would act as the military pillar of the western world (and apparently the consumer cash cow of the world). In exchange, the US would enjoy the advantages of having the world reserve currency.

What advantages? Namely, the dollar could be printed well beyond any other currency for decades without suffering the immediate effects of hyperinflation because most of those dollars would be held overseas. The breakup of NATO and a trade war might trigger the end of this arrangement. Meaning, all those dollars held in foreign banks could come flooding back into the US and cause egregious inflation.

Reserve status has long been the Achilles Heel of the US and it must end eventually. Just take note that globalists have been preparing for this shift since at least 2008 with the SDR basket and CBDCs. This past week the EU announced they will be distributing retail CBDCs by the end of this year. They know what’s coming. A trade war will not only require the Trump Administration to facilitate increased domestic production, but also facilitate a new commodity backed currency system to protect against the fall of the dollar.

In the meantime, individual citizens and communities are going to have to prepare as globalism breaks down. This means local production of goods, retailers seeking out local suppliers, people trading goods and services through barter networks, etc. State leaders should consider introducing commodity backed scrip to offset any potential damage to the dollar. They should also open up more natural resources to improve local industry.

There’s a lot to do, and not much time to do it.

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On today's episode of The JD Rucker Show, we'll be covering these topics:

- Ontario Premier Ford Reverses Quickly on 25% Electricity Surcharge- Should We All Go Out and Buy Teslas or Tesla Stocks?- The Ball Is in Russia's Court as Rubio and Waltz Negotiate Ceasefire With Ukraine- CR Passes, Moves to the Senate Where Democrats May Shut It Down- Levant: The 'Vote' for New Canadian PM Mark Carney Cannot Be Trusted- House Republicans Are Going After Weakened ActBlue in Earnest- Why Corrupt Homeless Programs in the US Desperately Need the DOGE Treatment- House Republicans Must Pass Bills Americans Want, Then Make Senate Democrats Shoot Them Down

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Since 2023, some in alternative media (including us) have been calling for a full investigation into the shenanigans of ActBlue and any nefarious forces utilizing the platform for illicit purposes. Now, Republican members of Congress are on the case and calling on members of the Trump administration to help them out.

On today's episode of The JD Rucker Show, we will be covering this article from The Federalist and highlighting what all of this means for addressing massive, widespread voter fraud ahead of the elections to come. If we don't get this fixed while Republicans are in control, they will likely never have this level of control again.

Amid Chaos At ActBlue, House Republicans Seek Answers About ‘Potentially Fraudulent And Illicit Financial Activity’

Republican congressmen are seeking answers about “potentially fraudulent and illicit financial activity” through the Democrat fundraising platform ActBlue. Meanwhile, top officials are fleeing the company.

Republicans Rep. Bryan Steil, chairman of the Committee on House Administration, Rep. James Comer, chairman of the Committee on Oversight and Government Reform, and Rep. Nick Langworthy wrote Treasury Secretary Scott Bessent on March 10, seeking information about suspicious activity through ActBlue.

“The Committees remain concerned with recent reports suggesting fraud and evasion of campaign finance law by individuals exploiting online contribution platforms, especially ActBlue,” they wrote in the letter to Bessent.

The congressmen requested all “Suspicious Activity Reports,” “filed or relating to transactions” since Jan. 1, 2023, containing the term “ActBlue,” “which relate to money laundering, counterfeit credit/debit card, credit card or debit card fraud, false statements, wire transfer fraud, or identity theft.”

ActBlue is currently fraught with “internal chaos,” according to The New York Times. The platform’s “senior staff” began resigning in late February, with seven top officials leaving the platform and “a remaining lawyer suggesting he faced internal retaliation.”

Steil said in a statement to The Federalist that he is “committed to making our elections more secure.”

“Our investigation into ActBlue has revealed that there have been weaknesses in our online campaign finance systems, and we need to implement key safeguards,” Steil said. “I’m eager to review the Suspicious Activity Reports from the Treasury Department soon.” [...]

— Read More: thefederalist.com

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On today's episode of The JD Rucker Show, we will be discussing:

- Are Democrats Going to Abandon Boys in Girls’ Sports- White House Hails Positive Jobs Report- Peacemaker Trump Has Both Putin and Zelensky Ready to Agree to a Truce- The Most Dangerous Under-the-Radar Democrat Is Going After Nancy Pelosi- Could Laws 'Signed' by Joe Biden Be Voided

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In separate stories, it is being reported today that both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky are taking the final steps before coming to the table to discuss a truce or temporary ceasefire. This could be the opening for President Donald J. Trump to establish a long-lasting peace between the warring nations.

Bloomberg reported that at last month's high-level meetings in Saudi Arabia between Russian and US leaders, that there were indications that Putin is ready for a truce under certain conditions. Those conditions center around the good faith understanding that this can be resolved permanently if they begin with this truce.

According to Bloomberg:

Russia is willing to discuss a temporary truce in Ukraine provided there is progress toward a final peace settlement, according to people familiar with the matter in Moscow.

In the first signal of a positive response from President Vladimir Putin to US counterpart Donald Trump’s call for a ceasefire, the offer was conveyed at last month’s talks in Saudi Arabia between top Russian and American officials, the people said, asking not to be identified discussing internal policy.

In order to agree to a cessation of hostilities, there would have to be a clear understanding about the framework principles of the final peace accord, two people with knowledge of the matter said. Russia will insist in particular on establishing the parameters of an eventual peacekeeping mission, including agreement on which countries would take part, said another person familiar with the issue.

Fox News is reporting that President Trump is threatening sanctions if Russia continues their attacks:

President Donald Trump threatened to impose "large scale" sanctions against Russia after the country carried out a massive attack on Ukraine’s energy infrastructure. In a post on Truth Social, President Trump said he was "strongly considering" sanctions and tariffs "until a ceasefire and final settlement agreement on peace is reached."

National Economic Council Director Kevin Hassett told reporters that Trump is ready to use carrots or sticks" to bring both Russia and Ukraine to the table. When asked by Fox News Channel Senior White House Correspondent Jacqui Heinrich for more details on what could be sanctioned, Hassett simply said there are "a heck of a lot of things."

Meanwhile, Ukraine is ready to return to the table to discuss a ceasefire and signing a mineral deal with the United States next week. Zero Hedge reported the story below...

High Level US-Ukraine Meeting Set for Riyadh After Zelensky 'Apologizes'

The US and Ukraine will give it another try, after the 'missiles for minerals' deal has faltered amid President Zelensky's resistance to signing the deal, and the big diplomatic blow-up and spat of last Friday.

Top US and Ukrainian officials are expected to meet in Saudi Arabia next Wednesday to discuss a ceasefire effort with Russia, which will mark the first such high-level meeting since last Friday's public spat involving Zelensky at the White House.

Not only were weapons shipments to Kiev suspended as of Monday, but US intelligence-sharing followed. Max Blumenthal of the Gray Zone has aptly commented, "Ukraine can not carry out long range attacks inside Russia without US satellite guidance and intel. This is what we meant when we said the US was waging a proxy war that tempted nuclear escalation."

The upcoming Riyadh meeting will be led by Secretary of State Marco Rubio as well as national security advisor Mike Waltz. Andrii Yermak, head of the Office of the President of Ukraine, is expected to lead the Ukrainian delegation.

Just prior to that, on Monday, President Zelensky will be in Saudi Arabia to meet with Crown Prince Mohammed bin Salman. This is after an initially scheduled trip for last month was canceled.

Steve Witkoff, United States Special Envoy to the Middle East has described that President Trump received a letter of regret from Zelensky just prior to his Tuesday Congressional address.

Trump saw the letter "as a good first step — there was an apology and acknowledgment that the U.S. has done so much for Ukraine and a sense of gratitude," Witkoff said. Other sources cast this more as a 'tacit apology'.

Crucially, this marks the first time the word 'apology' was used, which perhaps explains why talks with Ukraine are back on (the White House said this was a requirement).

Still, the White House has confirmed it is "pausing and reviewing all aspects" of its relationship with Ukraine, with some officials such as Walz describing this as temporary, and which is likely to be turned back on soon.

Zelensky has also confirmed Thursday, "Ukrainian and American teams have resumed work, and we hope that next week we will have a meaningful meeting." He said he will send a delegation to meet with "military representatives of countries that are ready to make greater efforts to reliably guarantee security within the framework of ending this war."

Some top Ukraine officials are saying there was no apology...

Zelensky won’t apologize to Trump after their White House meeting, as “there’s nothing to apologize for,” says presidential advisor Podolyak. pic.twitter.com/Qq73utk3Xz

— Clash Report (@clashreport) March 7, 2025

Ironically the last time the US delegation was in Riyadh was for a 'successful' first engagement with the Russian side led by FM Lavrov. US and Russia followed this with an Istanbul meeting, amid preparations for Presidents Trump and Putin to meet.

Peace Through Strength

If this can come together, it would mark one of the most extraordinary turnarounds initiated by American foreign policy in history. For three years under the Biden-Harris regime, there was nothing but hostility as peace talks never advanced beyond the whining phase. If President Trump can pull off a truce in his first two months in office, it would be historic.

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Elon Musk learned something new today. It's possible to cut spending through Senate legislation that only requires a majority vote, meaning Republicans could get it done without a single Democrat vote if they can get all but two GOP Senators to agree.

The billionaire leader of the Department of Government Efficiency (DOGE) was "elated" by the news, as I discussed on today's episode of The JD Rucker Show. Here's the skinny from Axios...

(Axios)—Elon Musk and Republican senators are eyeing a package to claw back tens or hundreds of billions of dollars in federal spending after meeting in a closed-door lunch on Wednesday.

Why it matters: Musk has been leading the charge on spending cuts from the White House. Some lawmakers want to make his actions more permanent by making them law.

* No decisions have been made, but there was some early, general support for the idea being pushed by Sen. Rand Paul (R-Ky.) after the lunch.

An infamous deficit hawk, Paul pitched Elon Musk on a massive rescission package during a lunch on Wednesday, he told reporters. Such a package would undo federal funding already approved by Congress.

* The bill would also only require 51 votes to pass the Senate — no Democrats needed.

* Paul said specific numbers weren't discussed, but he'd like to see $500 billion.

Zoom in: Musk "was elated" at the idea, Sen. Josh Hawley (R-Mo.) told reporters. "I think he didn't realize it could be done at 51."

* "I do think there is a genuine appetite to continue this work within the legislative branch," Sen. Eric Schmitt (R-Mo.) said after the lunch.

* Sen. Lindsey Graham (R-S.C.) said he backs Paul's plan.

Between the lines: President Trump has looked at ways to get around the 1974 Impoundment Control Act, which limits the president's power to withhold funds already appropriated by Congress.

* The U.S. Supreme Court on Wednesday ruled against Trump, requiring roughly $1.9 billion in foreign aid via USAID still be disbursed.

* "This Court does not look like it's warming towards the impoundment theory," Hawley said.

* It's not a good sign for other actions DOGE might want to take to cut spending without Congress.

Flashback: Republicans attempted to roll back $15 billion in government spending with a rescission package during the first Trump administration.

* But it failed due to "no" votes from Sens. Susan Collins (R-Maine) and Richard Burr (R-N.C.).

* Collins is now chair of the Senate appropriations committee, which plays a key role in the rescission process.

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Democrats are desperately trying to reverse their fortunes. They’ve been struggling ever since the 2024 election to figure out what they did wrong and how they can correct it.

The only viable solutions are to change their policies or change their messaging. Since changing their policies would mean aligning more with President Donald Trump, they’ve opted to change their messaging in both style and function.

One of the first iterations of this new, “bold” plan was to post a repetitive video made by at least 22 Senators. They literally repeat the same thing in an attempt to sell “The Big Lie,” a strategy first used by Nazis.

Fitting.

I talked about that on today’s episode of The JD Rucker Show, plus I discussed how DOGE is uncovering so many clear examples of waste, fraud, and corruption that it’s becoming very difficult to argue against the group.

On today's episode of The JD Rucker Show, we will be discussing:

- Cringe-Worthy Democrats Repeat 'The Big Lie' in Awkward Messaging Ahead of President Trump's Speech- DOGE Drops Examples of Improper Payments They've Observed Already- President Trump Halts Ukraine Aid- Yes, It's Time to Divorce From NATO and Have a Trial Separation With Europe

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TikTok ban, Inauguration moving indoors, illegal aliens self-deporting, and more.

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On today's episode of The JD Rucker Show, we covered these topics:
Did Gavin Newsom Inadvertently Admit to the Core Problem in California
Biden Aids 'Terrified' Trump Will Deny Him a State Funeral
Gavin Newsom Is Using Fire Fundraiser to Raise Funds for Himself
Hollywood Mocked God a Day Before the LA Fires Hit
Is Los Angeles Burning to Set Up SmartLA 2028
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