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12.03.26 - 00:01
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Senate panel highlights debt concerns as Iran expenses mount (The Hill)
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Senators from both sides of the aisle and witnesses expressed alarm at the rising national debt during a Senate Finance subcommittee hearing on Wednesday, warning that future generations of Americans will pay the price for bloated budgets. “Although both sides claim to be concerned about our dire fiscal situation, neither side, and let me emphasize......
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11.03.26 - 23:48
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Ron Paul Fears The Dollar Will Be A Casualty Of The Iran War? (ZeroHedge)
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Ron Paul Fears The Dollar Will Be A Casualty Of The Iran War?
Authored by Ron Paul,
President Trump's unconstitutional and unjust war against Iran is setting back his “affordability” agenda. The war has caused a big rise in gasoline prices. Among the related concerns is the hindering of the movement of oil through the Strait of Hormuz, the only available passage for ships to transport oil from the Persian Gulf.
The increased costs will do more than raise prices at the pump. An increase in gas prices brings increased transportation costs that will be passed along to consumers. Prices of a variety of goods, including food, will increase.
No wonder Energy Secretary Chris Wright, White House Chief of Staff Susan Wiles, and other Trump administration officials are frantically working to develop policies to lower gas prices. One possibility under consideration is deploying US troops to try to ensure ships can pass through the Strait of Hormuz. This could turn into a permanent deployment of US ...
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