history, economics, and current events

Pirate Sneak Attacks

Pirate Sneak Attacks

Trump recently comparted the US war in Iran to the Japanese attack on Pearl Harbor and piracy.

On April 14, 2026, while giving a press conference with Japanese PM Sanae Takaichi at the White House, Trump was asked by a Japanese reporter why he didn’t tell his ally- Japan- about the sneak attack on Iran ahead of time. Trump responded,

“Well, one thing you don’t want to signal too much. You know, when go in, we went in we went very hard and we didn’t tell anybody about it because we wanted surprise. Who knows better about surprise than Japan? Okay? Why didn’t you tell me about Pearl Harbor? Okay? Right? He’s asking me. Don’t you believe in surprise? I think much more so than us. We had to surprise them and we did.”

On May 2, 2026, Trump compared the US navy’s blockade of Iranian ships through the Strait of Hormuz to piracy while speaking at the Forum Club of the Palm Beaches. He said,

“We took over the ship. We took over the cargo. We took over the oil. It’s a very profitable business. Who would have thought we were doing that? We’re like pirates. We’re sorta like pirates.”

The author couldn’t find a gas station cheaper than $3.79 per gallon for regular unleaded with 10% ethanol today in North Mississippi. Many gas stations were selling it for over $4.00 per gallon. It was $2.79 on February 27. The economy is going in the toilet because Israel “requested” for Trump to bomb Iran, per Reid Rubenstein of the US State Department.[1]

“Epic Fury is only the latest round of an ongoing international armed conflict with Iran. As the United States has explained in multiple letters to the U.N. Security Council, including most recently on March 10, the United States is engaged in this conflict at the request of and in the collective self-defense of its Israeli ally, as well as in the exercise of the United States’ own inherent right of self-defense.”

Having the most national debt in world history- $39 trillion- combined with losing control of a major route in the oil trade isn’t good for investors full faith and credit in the US petro-dollar. Drones are game changers in war. The Bank of Japan selling treasuries in recent days to shore up the Yen doesn’t help.[2]

Indeed, the US Treasury Secretary during the 2008 bailouts, Hank Paulson, warned that investments in treasuries could suddenly hit a wall as interest rates rise in an April 16 interview with Bloomberg TV. Per Vlad Shepkov,[3]

“Investing.com -- Former Treasury Secretary Henry Paulson urged US authorities to develop a backup plan to prevent a potential collapse in demand for Treasuries, warning such an event would have severe consequences.

Paulson said officials need an emergency plan ‘on the shelf, so it's ready to go when we hit the wall,’ during an interview on Bloomberg Television's Wall Street Week with David Westin.”

Interest rates on 10-year US treasuries have risen in response to every Fed funds rate cut since September 2024. No more Greenspan Put to save us like in 2008. That means that we are either on the verge of hyperinflation and/or debt default. Gold is money by default. Debt default.[4]

“I think we are actually at a point of encouraging risk-taking, and that should give us pause. Investors really do understand now that we will be there to prevent serious losses. It is not that it is easy for them to make money but that they have every incentive to take more risk, and they are doing so. Meanwhile, we look like we are blowing a fixed-income duration bubble right across the credit spectrum that will result in big losses when rates come up down the road. You can almost say that that is our strategy.” -Jerome Powell, Chairman of the Federal Reserve, then member of the Board of Governors, Oct 2012 Federal Open Market Committee Meeting.

[1]https://www.state.gov/releases/office-of-the-legal-adviser/2026/04/operation-epic-fury-and-international-law/

[2]https://x.com/zerohedge/status/2051271575064781086

[3]https://finance.yahoo.com/economy/policy/articles/paulson-calls-emergency-plan-prevent-173935901.html

[4]https://www.hamiltonmobley.com/blog/the-golden-age

The Problem With Socialism

The Problem With Socialism