Dr. Navarro: "If You Look At The Data, There’s Absolutely No Reason To Do A 50 BPS Hike”
Peter Navarro discusses several key topics during his commentary. He begins by criticizing the Lincoln Project, labeling it a group of “RINO bottom feeders” working against Donald Trump’s re-election. Navarro previews a deeper investigation into the group, emphasizing its misleading portrayal. He shifts to praising the Epoch Times, noting its rise as a significant news source despite facing censorship and cyberattacks from China. Navarro underscores the importance of voter turnout, especially among Christians, framing the 2024 election as a battle against anti-Christian and anti-Semitic values promoted by Democratic leaders. He urges Christian leaders and congregations to mobilize, warning that failure to do so will result in policies detrimental to their beliefs. Finally, Navarro touches on the economy, criticizing the Federal Reserve’s recalibration of policies, which he believes ignores current data trends and exacerbates inflation while benefiting Democrats’ electoral prospects.
"The Fed’s Working Independent Of The Data”: Dr. Navarro Gives Inside Scoop On Fed’s Actions
Peter Navarro criticizes the Federal Reserve’s decision to raise interest rates by 50 basis points, arguing it was unnecessary and politically motivated to boost Kamala Harris’s chances in the upcoming election. He draws parallels between Jerome Powell’s actions and those of Arthur Burns in 1972, who, under pressure from Nixon, cut rates to secure re-election, leading to long-term inflation and economic stagnation. Navarro warns that Powell’s rate hike will exacerbate inflation by fueling a “wealth effect” where rising stock markets increase consumer spending, pushing inflation beyond targets. Additionally, he emphasizes the U.S.’s fiscal cliff and mounting debt, predicting a significant decline in the dollar’s value, which would further drive up inflation by increasing the cost of imports. Navarro concludes that these policies are a dangerous repetition of past mistakes, leading to prolonged economic hardship.
Adam Molon Exposes The Financial Backers Of The Lincoln Project: Google, Walmart Heirs, And More
In a War Room conversation between Peter Navarro and Adam Molon, they discuss the role of dark money in the 2024 election, particularly from groups like the Lincoln Project. Navarro criticizes “RINO termites” (Republicans in name only) for undermining Trump’s agenda by collaborating with corporate globalists and benefiting from left-wing donors. Molon highlights how the Lincoln Project raised $14 million this cycle, with significant funds funneled into firms owned by its founders. He names key donors, including Christy Walton and Charles Bronfman, and notes Google’s involvement. Navarro emphasizes that the Lincoln Project is more about self-enrichment and leftist influence than genuine Republicanism. Additionally, George Conway, a Lincoln Project co-founder, has distanced himself from the group, launching a new anti-Trump PAC while continuing his attacks on Trump. The conversation underscores Navarro’s concern about political betrayal and corporate globalism fueling anti-Trump efforts.
Steve Lance: How The Epoch Times Have Fought CCP Oppression From Its Start
In a discussion between Peter Navarro and Steve Lance on War Room, they explored key economic and geopolitical issues, focusing on the Federal Reserve’s recent interest rate hike, which Navarro criticized as damaging. Lance, representing The Epoch Times and NTD (New Tang Dynasty), explained the media group’s origins and mission to counter Chinese Communist Party (CCP) propaganda. Lance emphasized the persecution of Falun Gong practitioners in China, highlighting human rights violations like live organ harvesting. He described how The Epoch Times disseminates uncensored information into China despite CCP censorship and cyberattacks. Both Navarro and Lance stressed the importance of exposing the CCP’s actions and the challenges of reporting under such oppressive conditions. Lance shared stories of CCP interference with media, illustrating the Chinese government’s ongoing attempts to suppress independent journalism.