The government is broken
Tariffs are back in the news after a three judge panel at the Court of International Trade ruled President Trump exceeded the authority he cited.
This extends a pattern of unelected judges overruling the acts of an elected president. Oddly, this pattern has only been conspicuous since Donald Trump was elected, suggesting it is driven not by the rule of law but politics. Joe Biden encountered this difficulty with his student loan appropriations, but I am hard pressed to recall another example.
As tempting as it may be to interpret issues in black and white, this isn’t one that fits. The Constitution provides for three branches of federal government; legislative, executive and judicial. It is Congress’s job to make the law and the President’s to execute it. Neither the executive nor the judicial should be making law, but with Congress having tied itself up in extraconstitutional procedural knots, that’s what it has come down to.
You can’t cure a problem with the legislature by remaking the executive and judicial. Congress is broken and needs to be fixed.
A case in point is with the “Big Beautiful Bill” package now working its way through the legislative sausage factory. We are informed it is being done via “reconciliation” rules because the “normal” procedure would leave it vulnerable to “filibuster”. This omnibus package is being used to force passage of a number of things few really want by attaching them to the coattails of things many do.
If anyone is aware of a constitutional basis for this, please point it out. Another is the committee structure of both the House and Senate, and its arrangement of majority and minority control. A small committee can decide whether legislation is even considered by the whole. This too lacks constitutional foundation. Any piece of legislation should be able to be brought to the floor for a vote upon being sponsored by a sufficient number of members. Delegating that right only to privileged committee members disenfranchises voters who don’t happen to be in their districts or states.
Where does it even say there shall be two parties? Citizens are free to form political parties but they have no legitimate formal role in government.
Congressional paralysis has also fed the growth of a sprawling administrative state within the executive branch, which through its rulemaking is effectively performing legislative functions. It has also effectively delegated the very serious power to declare war to the executive, despite it being expressly assigned to Congress in the Constitution.
Let the legislature legislate, the judiciary judge, and the executive execute.
The Trump administration is still pushing to federally institutionalize bitcoin:
Vance Says Bitcoin Reserve A US Strategic Advantage Over China
The county that does the most bitcoin will have the economic disadvantage. It absorbs prodigious quantities of resources while producing nothing. Imagine if all the energy, time, and talent devoted to producing, marketing and speculating on bitcoin were devoted to productive pursuits like building homes, making cars, curing disease, producing better food, building infrastructure … then you can imagine the hit to living standards it represents.
People should be free to spend their resources the way they please, including on bitcoin. But enlisting government to actively promote it would be colossally stupid.
I disagree with Trump’s approach to tariffs, but the “TACO” crowd is long on invective and short on intelligence. For better or for worse, opening with an unreasonable demand he’s willing to backtrack from is part of his negotiating style. And a guy that fights his way to his feet under gunfire is no chicken.
If you disagree with a policy, the grownup way to do it is say so and why. Name calling is so third grade.
Is Elon sporting a Black eye?………..wots all this we hearing that he using drugs?
Mike
You heard it here first
Warren Buffett’s Gold Blind Spot
“Since 2000, gold has delivered a compounded annual growth rate (CAGR) of roughly 10.67%, climbing from around $280 per ounce to over $3300 by May 2025.
Compare that to the S&P 500, which, including dividends, has posted a CAGR of about 6.5% over the same period. In raw terms, gold has surged over 1000%, while the S&P 500, even with reinvested dividends, has gained around 400%.
Think about that. The “useless” metal has more than doubled the returns of US stocks.”
Mega’s dispatch from England:- Something in the air
Well, well
Here in dear old Blighty we been mostly focused UK pollical circus. The totally brain dead PM is now suddenly looking like he is on his last political legs. It seems that he was letting a group of young Ukraine men stay rent free in some of his apartments he owns.
To recap, they took it apon themselves to set fire to said homes & the PMs private car!
Something must have upset them somewhat. That was last week & this week he decided to attack the leader of the REFORM party. Its a new political lead by a bloke called Nigel Farage.
With little more that an IPhone this guy has fought single handed against Euro-scum resulting in Blighty leaving the EEC. The present Labour government has done EVERYTHING it can to row back the decision.
The Tory party totally stabbed the people in the back by allowing a flood 3rd world types into the nation after saying they would not. The people reacted by throwing the Tory party out…….& voting in an handful of reform MPs.
In more normal times the Tory party would lick its wounds & wait its turn….sort of “Tag team” effort with the Labour party. You can pick the Blue team or Red Team but you getting mostly the same out come……………but something strange has happened BOTH parties are unpopular
Hence REFORM is topping the polls, if there was a genal election Reform might have enough votes to take power!……for the established parties this is Alien level horror!
This week the PM attacked Reform & the press pack did something unknown……….they turned on him with HARD hitting questions. The PM was left rudderless & clueless…….
Tonight Reform said they happy to take BITCOIN donations & Trump is sending a free speech crew to ensure “fair play”.
Something is in the air………….
Mike
https://www.zerohedge.com/news/2025-05-30/luke-gromen-us-braces-capital-controls-global-trade-reset-begins
https://www.zerohedge.com/news/2025-05-31/goldmans-case-pensions-buy-gold-not-bonds-6040-dead
RED ALERT:- MAJOR ATTACKS WITH IN RUSSIA!!!!!!!
Long range attacks have struck major Russian airforce & Navy bases, direct attack on Russian nuclear bombers over a thousand miles from border.
Mega’s take:- This is not US but Euro-nazi/city of London scum attempt at stopping Trump from getting the peace deals (Ukraine/Iran) he needs. If i was him i DEMAND intel on who was responsible & “Clip” them……he have to take action quickly if he wants any chance of dealing with Russia.
Mike
Ukraine sez they informed Trump in advance, Trump sez he had NO advanced warning……..someone is lying.
WW3 is on