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Posted on 7/14/26 at 12:10 am to VooDude
quote:
Do you know what inflation is? Would it help if I break out in song and dance with a catchy song/nursery rhymes to help spell it out?
Inflation is the expansion of the money supply, which Trump thinks we need even more of. The average American is being buried by rising prices and Trump wants to debase the dollar even more. It takes a lot of commitment to still be a sucker for this bullshite.
Posted on 7/14/26 at 12:12 am to RollTide95
quote:
Inflation is the expansion of the money supply, which Trump thinks we need even more of. The average American is being buried by rising prices and Trump wants to debase the dollar even more. It takes a lot of commitment to still be a sucker for this bullshite
Posted on 7/14/26 at 6:14 am to VooDude
U. S. Secretary of State Marco Rubio firmly stated that “no country is allowed to charge tolls or fees in the Strait of Hormuz, emphasizing that doing so directly violates international maritime law.”
International Law: Rubio stated that under global maritime principles, freedom of passage through international straits cannot be subject to gatekeeping, tolls, or localized fees.
During a June 2026 visit to the United Arab Emirates, Rubio rejected an Iranian proposal to charge transit fees, declaring, "That’s the law. It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway. That’s existing international law. That’s the way it is in international waterways all over the world, and that’s the way we expect it’ll be here."
Good luck with that!
International Law: Rubio stated that under global maritime principles, freedom of passage through international straits cannot be subject to gatekeeping, tolls, or localized fees.
During a June 2026 visit to the United Arab Emirates, Rubio rejected an Iranian proposal to charge transit fees, declaring, "That’s the law. It’s an international waterway. No country is allowed to charge tolls or fees on an international waterway. That’s existing international law. That’s the way it is in international waterways all over the world, and that’s the way we expect it’ll be here."
Good luck with that!
Posted on 7/14/26 at 6:43 am to VooDude
quote:
let’s just keep stacking onto the exorbitant amounts of inflation
While this may seem inflationary on the surface in the short term, I’m not sure it will be a long-term issue. The insurers of the tankers have pulled out, so we become the insurer and this 20% is the premium. All the while we are bringing on more Venezuelan oil to the global market; and their production will increase in more investable conditions with Maduro gone. We are also in the process of massively expanding our LNG exports. This seems like a setup for us (the USA) to be the driver of the global energy market.
This post was edited on 7/14/26 at 6:48 am
Posted on 7/14/26 at 6:45 am to demtigers73
I thought we hated international law here?
Posted on 7/14/26 at 7:06 am to VooDude
He hasn’t “imposed” anything
Posted on 7/14/26 at 7:09 am to TenWheelsForJesus
quote:
Complain about the US spending money in Iran. Conplain when Trump starts to earn it back.
Doubling down on bad policy doesn't fix things. It only makes it twice as bad
Posted on 7/14/26 at 7:10 am to Semper Gumby
quote:
The insurers of the tankers have pulled out, so we become the insurer and this 20% is the premium.
a. That's not what's being proposed.
b. Trump already tried the insurance angle and it failed
Posted on 7/14/26 at 8:37 am to VooDude
Hasn't inflation cratered the last few months?
Posted on 7/14/26 at 10:02 am to VooDude
How are we supoosed to levy this fee?
And is this even legal?
And is this even legal?
Posted on 7/14/26 at 10:32 am to VooDude
Loading Twitter/X Embed...
If tweet fails to load, click here. Good enough for a 24-hour distraction.
Posted on 7/14/26 at 10:32 am to Decatur
Clown world honk honk
*but with piracy
*but with piracy
This post was edited on 7/14/26 at 10:33 am
Posted on 7/14/26 at 10:34 am to boosiebadazz
It's TACO Tuesday already?
Just like clockwork
Trump backs away from threat to charge tolls in the Strait of Hormuz
Just like clockwork
Trump backs away from threat to charge tolls in the Strait of Hormuz
Posted on 7/14/26 at 10:35 am to RollingwiththeTide
quote:
I sure hope some 3D chess move like that is involved but I fear this is just an admission that the US is in for the long haul with Iran. More trying not to break the military budget because they expect to be there a long while. I hope I’m wrong but that is what I see.
Maybe POTUS Trump wants the international community to lash out and say "you can not do that" so that Iran, Oman and any other country who wishes to do the same hear loud and clear.
Posted on 7/14/26 at 12:03 pm to VooDude
God damn maga, are your backs ok from flip flopping so much?
This post was edited on 7/14/26 at 12:05 pm
Posted on 7/14/26 at 12:22 pm to RollingwiththeTide
quote:
We’ll talk was around a week or two ago the Hegseth, Rubio, and someone else was talking to Trump trying to get him to finish this already.
Finish what?
Get free movement in the Srait?
Verify no nuclear weapons program?
Some sort of regime change like Venezuela? Or like Iraq 2003?
End support of hamas and hezbollah?
And then how do/did these people propose "finishing" on any of these goals?
Posted on 7/14/26 at 12:31 pm to VooDude
Seems like sometbing along these lines was the plan all along. Get a civil war going and make sure it stays contained in Iran. Oil would rise, but it would not be a huge rise that really disrupts the world economy.
Something happened that made them put brakes on that idea. Was it something about our capability like not enough munitions? Or something internal in Iran? Or maybe something told them that the economic risk was too large? Who knows, but it did seem like there was a strategic change.
Something happened that made them put brakes on that idea. Was it something about our capability like not enough munitions? Or something internal in Iran? Or maybe something told them that the economic risk was too large? Who knows, but it did seem like there was a strategic change.
Posted on 7/14/26 at 1:02 pm to Decatur
Taco Tuesday bro!
Posted on 7/14/26 at 1:06 pm to VooDude
If it heavily depresses the insurance charged by Lloyds and other carriers, various shippers may be OK with this.
Right now, insurance coverage for those freighters is out of whack.
Right now, insurance coverage for those freighters is out of whack.
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