Secretary of State Marco Rubio laid it out clearly: “For far too long, ideologues in Europe have led organized efforts to coerce American platforms to punish American viewpoints they oppose. The Trump Administration will no longer tolerate these egregious acts of extraterritorial censorship.”
Once upon a time, in East Germany, a drab authoritarian-socialist place, the dreaded Stasi secret police called this method “Zersetzung,” literally “disintegration.” Instead of jailing dissidents, their social and professional lives – and livelihoods – were systematically disrupted and, in effect, destroyed. Between the dour authoritarian-socialists of the old Cold War and the high-handed EU radical-centrist extremists of the new ‘values’ crusade, les extrêmes se touchent, as they used to say.
The expectable psychological consequences of this repression – anxiety, stress, and trauma – are, of course, not a by-product of the procedure but its real core aim. Obviously, every independent voice silenced by arbitrary assault is meant to serve as a deterrent to terrorize many others into submission. All of it happens without legal due process and by an unaccountable bureaucracy hiding behind anonymity. Welcome to the EU, 2025 ‘values’ edition. Rule of law was yesterday (if ever).
The FED is EVIL.
In addition to the CFTC and CME efforts, the Federal Reserve also played a role in breaking the Hunt brothers. Fed Chairman Paul Volcker sharply raised interest rates in January 1980, from 11.75% to 20.0%, making margin borrowing for the Hunts and other speculators much more expensive. One week after the Hunts ceased market activity, Volcker began lowering interest rates.