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#nixon

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Will Liberation Day transform the world? The Nixon Shock set a radical precedent
by Yanis Varoufakis

https://unherd.com/2025/04/will-liberation-day-transform-the-world/#msdynmkt_trackingcontext=ebaa54aa-e581-4b3e-abb9-96a5d8780000

“My philosophy, Mr President, is that all foreigners are out to screw us and it’s our job to screw them first.” With these words, the #US Treasury Secretary convinced the President to deliver a colossal shock to the global economy. In the words of one of the President’s men, the objective was to trigger “a controlled disintegration of the world economy”.
No, those words were not spoken by members of President #Trump ’s team in advance of their “Liberation Day” tariff splurge. While the “foreigners are out to screw us” certainly has a Trumpian ring, it was uttered in the summer of 1971 by then Treasury Secretary John Connally, who succeeded in convincing his President to unleash the infamous #Nixon Shock a couple of days later.
UnHerd · Will Liberation Day transform the world?By Yanis Varoufakis

Irre ich mich, oder steckt in dem #Wahnsinn von #USDiktator #Trump auch eine unfassbare Chance diesen ganzen neoliberalen Ideologie-Geschwätz den Todesstoß zu versetzen, den er sich seit 20 Jahren schon verdient hat?!

Man muss kein Prophet sein, um die Katastrophe vorher zu sehen, die ein Friedrich #Merz anrichten wird, wenn man ihn libertär als #MiniTrump bei uns wüten lässt.

Was wir brauchen ist der Ausstieg aus dem blinden #Konsum und #Wachstumswahn.

But: "Only #Nixon could go to #China"..

"Trump is therefore not the first President to seek the controlled disintegration of the world economy by means of a devastating blow. Nor is he the first to purposely damage America’s allies to renew and prolong US hegemony. Nor the first who was prepared to hurt Wall Street in the short run in the process of strengthening US capital accumulation in the long term. Nixon had done all that half a century earlier.

And the irony is that the world the Western liberal establishment is grieving over today came into being as a result of the Nixon Shock. While admonishing the idea of a US President delivering a rude shock to the world economy, they are lamenting the passing of what only came into being because of another President’s readiness to deliver an even ruder shock. That is, the Nixon Shock gave birth to the darlings of today’s liberal establishment: neoliberalism, financialisation and globalisation."

unherd.com/2025/04/will-libera

UnHerd · Will Liberation Day transform the world?By Yanis Varoufakis
#USA#Trump#TradeWar
Replied in thread

⬆️ @GreenFire

>> As usual I see people trying to use the conviction of Marie #LePen as another excuse to attack Democrats.

Back to the original topic…

#MarineLePen's case is not the only case. There is a history of other relevant cases in #France — See linked story.

Like France, #UnitedStates also has a history.

#Republicans let #Nixon go without any trial and punishment.

#Democrats let #Trump escape consequences, but American people will suffer.

#14thAmendment

apnews.com/article/france-mari

Replied in thread

⬆️ @GreenFire

I paid attention, and complained about #Biden's #virtueSignaling in choosing #Garland ever since. You obviously didn't read reports of how Biden knee-capped Garland, despite link above 🙄

#US made a mistake letting #Nixon go. Biden repeated by saying he preferred #unity over #investigation.

Don't even get me started on how they did a #prettyPlease in the #classifiedDocuments case, and once they had an airtight case, went to #Florida instead of #DC, where the crime was committed

Today in Labor History March 18, 1970: The first mass work stoppage in the 195-year history of the U.S. Postal Service began on this date in New York City. The walkout was illegal, giving President Richard Nixon the excuse to send in federal troops to sort the mail. But the strike succeeded in forcing Congress to raise wages and reorganize the postal system and marked a new militancy among postal employees.

After that #MAGA Rally Speech at the #DOJ
It is 100% clear that #DonTheCON AKA #ConvictedFelon47 Has His New Modern day #RoyCohn that He wanted since #Nixon Exploited the System.

#itsNOSECRET that #DonOLDCHUMP would Love 👩 to Be As #Blonde as Pam Bondi-Cohn.

#PamBondi = #PamCohn 🤡

Targeting Anyone the #OrangeFelon #DonOLD Commands Her to 🎯🇺🇸⚖️

#PartyOfLawAndOrder
#47PardonedVIOLENTCriminals
#LawAndDisorder
#WeaponizationOfAgencies
#Project2025 #UsPolitics
#CONVICTEDFELONTRUMP

Today in Labor History September 4, 1970: Socialist Salvador Allende was elected President of Chile. As president, he tried to nationalize major industries, expand education and improve conditions for the working class. On September 11, 1973 (the other 9/11), he was ousted in a coup by Augusto Pinochet, leading to a dictatorship that lasted until 1990. Thousands of workers, socialists, union members and activists were killed, including folk singer Victor Jara, who continued to sing, as his torturers mashed his fingers and demanded that he play his guitar. The coup and dictatorship were supported by the CIA, and by President Nixon, and by the Secretary of State, Henry Kissinger, who later won the Nobel Peace Prize.

Here's is an interview & rare live footage of Jara singing his classic: El Derecho de Vivir en Paz.
youtube.com/watch?v=GSZ5bC0WIG