Ray Dalio, founder of Bridgewater Associates, warns that Donald Trump’s actions are pushing the U.S. toward a 1930s-style autocracy. Dalio’s concerns stem from government intervention in business, like Trump’s acquisition of a stake in Intel, echoing historical strong autocratic leadership. He highlights growing societal divisions, a decline in trust, and the weakening of democratic processes as factors contributing to this shift. Dalio suggests that many in Wall Street are hesitant to speak out against Trump due to fear of retaliation, and he also criticizes the administration’s efforts to undermine the Federal Reserve’s independence.
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The Trump administration is considering military strikes against drug cartels in Venezuela, including potential targets within the country, as part of a broader strategy to weaken Nicolas Maduro. This comes after a deadly strike on a Venezuelan drug boat, which the administration has framed as the beginning of a larger effort to dismantle drug trafficking and potentially remove Maduro from power. The US has increased its military presence in the Caribbean, deploying warships, aircraft, and personnel near Venezuela, while also labeling Maduro a “narco-terrorist” and increasing the bounty for his arrest. Questions remain about the legal basis for these actions and the ultimate goals of the administration’s approach to Venezuela.
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Despite growing tensions over trade and India’s purchase of Russian oil, former President Donald Trump expressed that the United States and India maintain a “special relationship” and that any disagreements are merely temporary. He acknowledged his disappointment with India’s oil purchases from Russia and cited high tariffs imposed by the U.S. as a consequence. Furthermore, Trump’s administration officials, including Peter Navarro and Kevin Hassett, expressed concern over India’s support for the Russian war effort and the potential economic impacts.
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Recent polls suggest that California Governor Gavin Newsom is a frontrunner in the 2028 presidential race, with one poll showing him leading Donald Trump and JD Vance. According to the poll, Newsom led Trump by four points and Vance by one point, potentially due to his strong recognition among Democrats and independent voters. While Newsom has not formally announced his candidacy, his actions have fueled speculation of a potential run. Republican National Committee spokesperson Kiersten Pels criticized Newsom’s “failed agenda” in California.
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A recently revealed covert operation, authorized by Donald Trump, involved Navy SEALs infiltrating North Korea to install surveillance equipment aimed at intercepting Kim Jong Un’s communications. During this mission, the SEALs, believing a small boat contained North Korean security forces, fired upon it, resulting in the deaths of two or three civilians who were fishing. The SEALs then attempted to conceal the incident, and military investigations later deemed the operation justified, classifying the findings and keeping them from the public. Furthermore, legal experts have suggested that the Trump administration may have violated federal law by failing to notify relevant congressional committees about the mission.
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Representative Thomas Massie stated that billionaire John Paulson, a major donor to Donald Trump, was listed in Jeffrey Epstein’s contact book. Paulson’s inclusion has sparked controversy amid demands for full disclosure of documents related to Epstein. A spokesperson for Paulson denied any relationship with Epstein, accusing Massie of a fabricated attack. Massie and others are pushing for the release of all files, while Trump has dismissed the matter as a “Democrat hoax.”
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President Donald Trump downplayed the upcoming U.S. jobs report, suggesting the true economic figures would be apparent in a year. This statement follows Trump’s removal of the Bureau of Labor Statistics commissioner, Erika McEntarfer, after he disputed previous reports. While the August report is anticipated, economists offer differing projections, with some forecasting a slowdown in job growth. These actions have sparked concerns about the politicization of economic data and its trustworthiness.
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The New York City mayoral race has caught the attention of the White House, with President Trump expressing a desire for a one-on-one contest between candidates. Current frontrunner Zohran Mamdani, a Democratic socialist, has been challenged to debates by both former Governor Andrew Cuomo and, subsequently, challenged Trump himself. Cuomo, who lost the Democratic primary to Mamdani, has called for other candidates to drop out, believing he has the best chance of winning against Mamdani in a head-to-head race. Both Mayor Eric Adams and Republican Curtis Sliwa have indicated they will not be abandoning their campaigns, despite rumors of potential job offers and backroom deals.
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Former US President Donald Trump commented on the recent Shanghai Cooperation Organisation (SCO) Summit, expressing concern over the unity displayed between India, Russia, and China. In a Truth Social post, he shared a photo of the leaders at the summit, suggesting that the US had “lost” these countries to China. His remarks reflect growing American unease regarding the strengthening ties and potential shifts in global alliances, further fueled by trade disagreements and India’s ongoing purchase of Russian oil, which Trump has strongly criticized. Trump’s comments also underscore ongoing tensions and trade imbalances between the US and India, along with his continued tough stance on China.
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John Q. Hosedrinker