Politics

When it comes to the future of the US economy, capital markets, the strength of the dollar, and tax policy in general, few proposals are likely to have as much of an impact as the border adjustment tax, or BAT, which as we profiled before, could have a significant impact on the value of the dollar, pushing it as much as 15% higher, and leading to dramatic changes in global trade patterns. As a reminder, House speaker Paul Ryan is the primary advocate of the BAT, arguing this effective $1.2 trillion tax on imports is the only way Congress can pay for Trump's proposed massive tax cuts.

Submitted by Duane via Free Market Shooter blog,

I’m on record as stating how unproductive, foolish and dangerous the recent liberal protests have been, and that’s before you even bring the hypocrisy factor into play.  But a liberal protest against Senator Chuck Schumer (D-NY)?  That is taking hypocrisy and idiocy to a whole ‘nother level.

Sarah Silverman has urged the military to perform a violent, fascist coup to remove President Trump “and his handlers” from the White House. Using typical liberal doublespeak, Silverman informed her 10 million Twitter followers that President Trump is a “mad king” and a “fascist” before boasting that once the military has been co-opted by the far-left they will be able seize control of the United States by force.

Democratic Senator and Hillary Clinton running mate Tim Kaine has called for a civil war in America to “fight the Trump administration”. On Tuesday’s Morning Joe show on MSNBC, Kaine said that members of the public should take to the streets and do everything they can to force Trump out of the White House. Thegatewaypundit.com reports: Partial Transcript: MIKA BRZEZINSKI, CO-HOST “MORNING JOE”: So, broad question about the future of the Democratic Party, especially given your firsthand experience with what we’ve all been through.

Kuwait imposed a visa ban on 5 Muslim-majority countries in a temporary move, similar to the recent one by US President Donald Trump. Although the ban has been in place since 2011, Kuwaiti officials insist it is only a “temporary ban.” As Islamophobia grips the world, Kuwait suspends issuance of visas to nationals of Syria, Iraq, Pakistan, Afghanistan and Iran, spreading fear among Muslims and along Islam’s two main sects, Sunni and Shia.