MoA: This New Import Law Will Hurt U.S. Consumers

This New Import Law Will Hurt U.S. Consumers

For small importers it will be impossible to do the above. Only big companies [Congress’ gift to Big Corporations] can afford to research and provide all that data and to take the risk of importing products that may get confiscated at the border. They will of course ask their customers to pay for all that.

Previously:

US Crackdown on Forced Labor in China Risks Further Supply Chaos

MoA brings up some things that I hadn’t.

Why does the United States have a military base in Ghana?

In April 2018, the president of Ghana, Nana Addo Dankwa Akufo-Addo, said that Ghana has “not offered a military base, and will not offer a military base to the United States of America.” His comments came after Ghana’s parliament had ratified a new defense cooperation agreement with the United States on March 28, 2018, which was finally signed in May 2018. During a televised discussion, soon after the agreement was formalized in March 2018, Ghana’s Minister of Defense Dominic Nitiwul told Kwesi Pratt Jr., a journalist and leader of the Socialist Movement of Ghana, that Ghana had not entered into a military agreement with the United States. Pratt, however, said that the military agreement was a “source of worry” and was “a surrender of our [Ghanaian] sovereignty.”

Why does the United States have a military base in Ghana?

The US is heavily reliant on China and Russia for its ammo supply chain. Congress wants to fix that.

The US is heavily reliant on China and Russia for its ammo supply chain. Congress wants to fix that.

Related:

Antimony is a critical mineral commodity for advanced technological uses and the U.S. imports over 70% of antimony consumed domestically. Most of our imported antimony comes from China, which is beginning to reduce its production. Understanding of the origin of this deposit, the largest known antimony deposit in the U.S., would aid in future exploration for undiscovered deposits of this type, both domestically and internationally.

[2018] Source – US Geological Survey

Congress has repeatedly authorized multimillion-dollar sell-offs of the U.S. strategic minerals stockpile over the past several decades, but Washington’s increased anxiety over Chinese domination of resources critical to the defense industrial base has prompted lawmakers to reverse course and shore up the reserve.

The stockpile was valued at nearly $42 billion in today’s dollars at its peak during the beginning of the Cold War in 1952. That value has plummeted to $888 million as of last year following decades of congressionally authorized sell-offs to private sector customers. Lawmakers anticipate the stockpile will become insolvent by FY25.

“A lot of what happened is Congress just getting greedy and finding politically convenient ways to fund programs that they weren’t willing to raise revenue for,” said Moulton.

Congress and Pentagon seek to shore up strategic mineral stockpile dominated by China

They only have themselves to blame!

Elon Musk Is Not a Renegade Outsider – He’s a Massive Pentagon Contractor

Elon Musk’s proposed takeover of Twitter has ruffled many feathers among professional commentators. “Musk is the wrong leader for Twitter’s vital mission,” read one Bloomberg headline. The network also insisted, “Nothing in the Tesla CEO’s track record suggests he will be a careful steward of an important media property.” “Elon Musk is the last person who should take over Twitter,” wrote Max Boot in The Washington Post, explaining that “[h]e seems to believe that on social media anything goes. For democracy to survive, we need more content moderation, not less.” The irony of outlets owned by Michael Bloomberg and Jeff Bezos warning of the dangers of permitting a billionaire oligarch to control our media was barely commented upon.

Elon Musk Is Not a Renegade Outsider – He’s a Massive Pentagon Contractor

Congress and Pentagon seek to shore up strategic mineral stockpile dominated by China

Congress has repeatedly authorized multimillion-dollar sell-offs of the U.S. strategic minerals stockpile over the past several decades, but Washington’s increased anxiety over Chinese domination of resources critical to the defense industrial base has prompted lawmakers to reverse course and shore up the reserve.

The stockpile was valued at nearly $42 billion in today’s dollars at its peak during the beginning of the Cold War in 1952. That value has plummeted to $888 million as of last year following decades of congressionally authorized sell-offs to private sector customers. Lawmakers anticipate the stockpile will become insolvent by FY25.

“A lot of what happened is Congress just getting greedy and finding politically convenient ways to fund programs that they weren’t willing to raise revenue for,” said Moulton.

Congress and Pentagon seek to shore up strategic mineral stockpile dominated by China

Blame China for their greed?! 🙄