War with Venezuela Won’t Solve America’s Economic Woes

n April 1939, American unemployment reached 20.7 percent. For Henry Morgenthau Jr., Franklin D. Roosevelt’s Secretary of the Treasury, this was bad news. In a private meeting he confessed to two senior congressmen: “We are spending more than we have ever spent before and it does not work… After eight years of this administration, we have just as much unemployment as when we started. And an enormous debt to boot.” 

Today, Americans know how the Great Depression ended. It ended with the onset of war in Europe. FDR truly believed that, if Britain and France went to war with Germany, the quagmire would make the British and French Governments heavily dependent on access to U.S. credit markets and resources, thereby ending America’s economic Depression. FDR welcomed the stimulus that war provided.

In 1939, Joseph Stalin hoped war in the West would be a quagmire fatally weakening Germany and its opponents. Stalin believed this development would open the door to a massive Soviet invasion from the East that would supplant Nazism with Communism. Thus, Stalin eagerly supplied the German war machine with the oil, iron, aluminum, grain, rubber, and other mineral resources Berlin needed to launch its war against Britain, France, and the Low Countries.

Ultimately, both FDR and Stalin miscalculated just how costly and risky the new conflict in Europe would be. War broke out in 1939, and in 1940 German military power rapidly defeated Western allies, though Britain fought on. The next year Germany invaded the Soviet Union.

Today, the Trump administration faces some conditions that FDR would recognize. Scott Bessent, President Donald Trump’s Treasury Secretary, confronts a national sovereign debt of approximately $38 trillion. Liquidity strains also persist in parts of the financial system, and the dollar’s long-term reserve status is under significant pressure and scrutiny. 

Among the ideas under discussion by Bessent is a more enthusiastic official embrace of stablecoins—cryptocurrencies deliberately engineered to remain boringly pegged one-for-one to the dollar by holding equivalent reserves of cash or high-quality cash-equivalents in regulated accounts. In plain language: digital dollars that promise never to fluctuate like Bitcoin but can circle the globe in seconds without ever touching a traditional bank. 

Bessent publicly argues that well-regulated stablecoins will also extend the dollar’s dominance into the blockchain era. Trump appears sympathetic; there is, after all, not enough gold on the planet to return to a metallic standard, and simply printing more fiat currency will further debase the dollar. Wall Street, ever helpful, is delighted to assist in kicking the can a little further—ideally down a blockchain-paved road.

Meanwhile, the Trump White House is charting a new course to war, this time in the direction of Venezuela. Has the administration concluded that the rapid conquest of Venezuela could induce the kind of economic stimulus that rescued FDR’s failed policies and restore economic prosperity inside the United States?

Compared with the Russian or Iranian armed forces, Venezuela’s military is almost Lilliputian. Nicolás Maduro presides over a hard-left, bitterly anti-American regime that is bankrupt, internationally isolated (save for Havana, Moscow, and Tehran), and yet sits atop the world’s largest proven oil reserves—303 billion barrels, according to OPEC’s latest assessment.

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Jaw-dropping moment US commandos storm Venezuelan ‘terror tanker’ in breathtaking airborne takedown as tensions rocket toward conflict

This is the dramatic moment when US commandos stormed a Venezuelan oil tanker in a breathtaking airborne takedown amid ratcheting tensions in the Caribbean. 

Footage released by the Trump administration on Wednesday showed American forces swooping on the tanker in helicopters and rappelling down ropes.

Troops with guns drawn darted up stairs to the bridge to take control of the vessel off the coast of Venezuela.

Attorney General Pam Bondi wrote in a statement on X: ‘Today, the Federal Bureau of Investigation, Homeland Security Investigations, and the United States Coast Guard, with support from the Department of War, executed a seizure warrant for a crude oil tanker used to transport sanctioned oil from Venezuela and Iran.

‘For multiple years, the oil tanker has been sanctioned by the United States due to its involvement in an illicit oil shipping network supporting foreign terrorist organizations.’

The release of the video comes hours after it was reported on Wednesday that the tanker had been seized, sparking fears of a potential blockade and spiking oil prices. No name was given for the ‘stateless’ vessel, nor was it confirmed precisely where off the coast of Venezuela the raid unfolded.

Trump called it ‘the largest one ever seized’ and warned that ‘other things are happening.’

The capture sent oil prices climbing sharply, with Brent crude rising 1.21 percent to $62.69 a barrel amid fears the escalation could disrupt global supply. 

Venezuela is one of the largest suppliers of oil to China, which has been the destination of between 55 percent and 90 percent of the country’s oil exports. 

A Bloomberg report called the move ‘a serious escalation’ after Trump demanded Venezuelan dictator Nicolas Maduro step down. Caracas did not immediately respond.

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Hypersonics, AI, Space Weapons, & Directed Energy: Lawmakers Release Defense Bill As Expiring Obamacare Subsidies Marinate On Back-Burner

With Congress in its second-to-last week in session for this year, lawmakers on the House Armed Services Committee released the final bill text of the 2026 National Defense Authorization Act (NDAA) Sunday night, which allocates a topline of roughly $8 billion over the $892.6 billion the Department of Defense had requested, and what the House version of the NDAA provided which stuck to the Pentagon’s request. 

The NDAA is the annual law passed by Congress that sets the budget, policies, and legal authorities for the U.S. military and national defense programs. It shapes everything from troop pay to weapons development and foreign military aid.

This year’s National Defense Authorization Act helps advance President Trump and Republicans’ Peace Through Strength Agenda by codifying 15 of President Trump’s executive orders, ending woke ideology at the Pentagon, securing the border, revitalizing the defense industrial base, and restoring the warrior ethos,” House Speaker Mike Johnson (R-LA) said in a Sunday statement. 

The $8B increase is a ‘compromise‘ – as the Senate tried to jack the budget up by $32 billion over the department’s request. According to Breaking Defense, Rep. Adam Smith, the ranking member of the House Armed Services Committee, noted that appropriators would have the last word on the final budget, but was optimistic that the $8 bullion figure was in the ballpark.

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Venezuela and the Most Blatant Coup in History

There was a time, not long ago, when the U.S. had the social etiquette to conduct its coups clandestinely. That is important because it means they recognized that it is wrong. Coups were carried out by the CIA, and we often only found out years later. Now, they are carried out by the navy for the world to watch on television. The change is a reflection of Washington’s hubris and the belief that they can do what they want.

There may never have been a more public and obvious coup than the coup attempt unfolding in Venezuela. Hardly under cover of the dark of night, the largest aircraft carrier in the world, the nuclear powered USS Gerald R. Ford, brought its, at least, 40 F/A-18E/F Super Hornets, its EA-18G Growlers, its two squadrons of helicopters, its five destroyers and it B-52 Stratofortress and much more to St. Thomas in the U.S. Virgin Islands, about 560 miles from the coast of Venezuela. Its more than 4,500 troops join the more than 10,000 troops with their Aegis guided-missile destroyers, a nuclear-powered fast attack submarine, F-35B jet fighters, MQ-9 Reaper drones, P-8 Poseidon spy planes, assault ships and a secretive special-operations ship who were already in the waters off the coast of Venezuela.

The U.S. military buildup is too small for a full-scale invasion and too large for stopping small boats carrying drugs. But it is perfect for a coup. The threat and pressure it exerts on Venezuelan President Nicolás Maduro is overwhelming and unbearable.

U.S. coups in Venezuela are not new. They were not new in 2002 when the democratically elected Hugo Chávez was briefly removed from office in a coup before the people and the military restored the popular leader to power.

But the script has changed little since they were new in 1908 when the U.S. helped oust the left leaning Cipriano Castro and his objections to American power and influence in Latin America.

From its birth, Venezuela, along with Cuba, has represented an unacceptable challenge to the spread of America’s vision of form of government and leadership in what it perceives as its own backyard. Conceived almost in conversation with the 23 year older American constitution, the first constitution of Venezuela, as Greg Grandin has pointed out in America, América: A New History of the New World, sought to balance America’s preoccupation with individual liberty with the common good. The constitution calls for the “renunciation of the dangerous right to unlimited freedom” and insists that “because governments are constituted for the common good and happiness of men, society must provide aid to the destitute and unfortunate and education to all citizens.”

From Francisco de Miranda and Simón Bolívar, who fought first for Venezuela’s independence and then for a united Latin America, to Hugo Chávez who united and galvanized the Latin American left, Venezuela has been a challenge to the spread of American ideology and hegemony in the western hemisphere.

But the American response has never been so public and bellicose. In late November, Donald Trump spoke to Maduro by phone. The phone call lasted less than 15 minutes. Precisely what transpired on that phone call remains unknown. But one thing is clear. Like a sheriff in a bad western movie, Trump, with guns drawn, Trump told Maduro to get out of town. He told him that he had one week to leave.

What happened next is not clear. It is not entirely clear whether Maduro refused to leave or if Trump refused Maduro’s conditions for leaving. According to reporting by The Miami Herald and Reuters, Trump told Maduro that safe passage would be granted to him, his wife and his son if he agreed to resign right away and flee Venezuela for the destination of his choice.

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6 Major Warning Signs That Indicate That Military Strikes On Venezuela Could Be Imminent

They are getting all of their ducks in a row for a war with Venezuela.  Do you think that it is just a coincidence that Southern Command just canceled leave for Thanksgiving and Christmas?  And do you think that it is just a coincidence that the Trump administration just designated “Cartel de los Soles” as a foreign terrorist organization?  This is going to allow the Trump administration to take military action against Venezuela without formally declaring war.  As you will see below, so many of the things that we would expect to see just before a major military operation commences are happening right now.  The following are 6 major warning signs that indicate that military strikes on Venezuela could be imminent…

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NATO Is a Menace, Not a Benefit, to America

Since its creation in 1949, NATO has been the keystone of U.S. foreign policy in Europe.  Indeed, the alliance has been the most important feature of Washington’s overall strategy of global primacy.  America’s political and policy elites have embraced two key assumptions and continue to do so.  One is that NATO is essential to the peace and security of the entire transatlantic region and will remain so for the indefinite future.  The other sacred assumption is that the alliance is highly beneficial to America’s own core security and economic interests.

Whatever validity those assumptions may have had at one time, they are dangerously obsolete today. The toxic, militaristic views toward Russia that too many European leaders are adopting have made NATO into a snare that could entangle the United States in a large-scale war with ominous nuclear implications.  It is urgent for the Trump administration and sensible proponents of a U.S. foreign policy based on realism and restraint to eliminate such a risky and unnecessary situation.

Throughout the Cold War and its immediate aftermath, NATO’s European members followed Washington’s policy lead on important issues with little dissent or resistance.  That situation is no longer true.  The governments and populations in the alliance’s East European members (the countries that the Kremlin held in bondage during the Cold War but that eagerly joined NATO once the Soviet Union collapsed) have adopted an especially aggressive, uncompromising stance toward Russia as the USSR’s successor.  They have lobbied with special fervor in favor of admitting Ukraine to NATO, despite Moscow’s repeated warnings over the past two decades that such a step would constitute an intolerable provocation.  The East European states also have been avid supporters of the proxy war that NATO has waged against Russia following Moscow’s invasion of Ukraine in February 2022.

Their toxic hostility toward Russia has inexorably made inroads even among the previously more restrained, sensible members of the alliance.  With a few partial exceptions, such as Hungary and Slovakia, NATO governments now push for unrealistic, very risky policies with respect to the Ukraine-Russia war.  Washington’s volatile, ever-changing policy under President Donald Trump regarding that armed conflict has not helped matters.

The Trump administration’s latest approach has been to try to inject some badly needed realism into the position that Ukraine and its NATO supporters pursue.  Realities on the battlefield confirm that Russia is winning, albeit slowly and at considerable cost, the bloody war against its neighbor.  Moscow’s forces are gradually expanding the amount of territory they control.  Kyiv’s propaganda campaign to portray Ukraine as a stalwart democracy and a vital symbol of resistance to an authoritarian Russia is collapsing as well.  Corruption scandals now plague the government of President Volodymyr Zelensky, as does growing evidence of his regime’s authoritarianism.  Proponents of NATO’s continuing military intervention now seek to downplay the once-dominant “moral case” for the alliance’s involvement and try to stress Ukraine’s alleged strategic importance to both the United States and its allies.

Stubbornness and lack of realism on the part of NATO’s European members (as well as too many American policy analysts and media mavens) is worrisome and dangerous. They have launched a concerted effort to torpedo the Trump administration’s latest peace initiative.  Proponents of continuing the alliance’s proxy war insist that no peace accord include territorial concessions by Ukraine.  They also demand that Kyiv retain the “right” to join NATO.  Finally, they insist that any settlement contain a NATO “security guarantee” to Ukraine, and that a peacekeeping force that includes troops from alliance members enforce that settlement.  Britain and France have explicitly made the demand to send troops.

Such demands amount to a poison pill designed to kill any prospect of an agreement that Moscow might accept.  The insistence on a security guarantee to Kyiv and a peacekeeping contingent especially fits that description.  Any accord that puts NATO military personnel in Ukraine would make the country a protectorate of the alliance, even if Kyiv did not receive an official membership card.  The commitment itself would have NATO’s military might perched on Russia’s border.  That is precisely the outcome that Moscow has sought to prevent for decades.

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Germany Enacts U.S.-Style Registration for Military Conscription

On Friday, December 5, 2025, the German Bundestag gave its final approval to a law that, beginning in 2026, will require all German men to fill out a registration form for military service when they reach age 18. Responses to the questionnaire will be used to generate a list of potential draftees to be used if military conscription is activated.

On the day of the vote in the Bundestag there were anti-draft rallies and marches in Berlin (5,000 people), Hamburg, and other cities, and a School Strike Against the Draft that involved students in at least 90 cities and towns throughout Germany.

This revision to German military conscription law has been widely misunderstood, with many reports the scheme is voluntary (it isn’t, although the amount of the administrative fine for noncompliance has not yet been determined) or that it reflects a rejection of conscription. In fact, it’s intended by the German government to make a show of increased readiness to quickly implement an on-demand draft whenever that is deemed “necessary”.

Viewed from the USA, what’s most striking about the new German law is how much it resembles the Selective Service registration scheme in effect in the USA since 1980. The new German law also draws on some of the proposals considered by the U.S. National Commission on Military, National, and Public Service (NCMNPS) in 2017-2020 for (1) advance collection of additional information about potential draftees’ skills and fitness for military assignments and (2) increased use of the Selective Service registration process as a marketing opportunity to promote voluntary enlistment in the military.

The new German law appears likely to backfire on the government in the same ways that draft registration has in the USA: (1) making potential draftees and older allies more aware of the government’s commitment to the legitimacy of military conscription and desire to be prepared to activate a draft whenever it so chooses; (2) catalyzing anti-draft organizing and draft resistance, and (3) providing potential draftees with the opportunity, through the relatively low-risk tactic of foot-dragging or ignoring demands for self-enrollment in the conscription registry, to show their unwillingness to be drafted. That was the message sent by the failure of draft registration in the USA. We hope and expect that young Germans and their older allies will send the same message through their response to the new German military conscription law and personal information collection program.

In the USA, voluntary compliance with the legal mandate for self-registration was low from the revival of the program in 1980, and collapsed completely once it became clear that enforcement against passive mass noncooperation was impossible and wouldn’t be attempted.

The biggest mistake of the U.S. government when it reinstated the requirement for young men to register for the draft in 1980 was to take young people’s subservience for granted and not make any plans for enforcement. The brief round of show trials of non-registrants for the draft in the U.S. in the 1980s was a public relations disaster for the government. That was in significant part because it was a hasty and somewhat desperate response to an unanticipated crisis of public confidence in the registration system and contingency plans for a draft prompted by growing public awareness of widespread non-registration.

Germany appears to be making the same naïve mistake today. I can find no evidence of any plan by the German government for enforcement of the registration requirement against the inevitable resistance, both active and passive.

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Deliberate Contradiction: How the West Plays Dumb and Kills People in Gaza

First, let’s dissect this puzzle.

On February 29, 2024, US Defense Secretary Lloyd Austin sent shockwaves when he informed lawmakers in the House Armed Services Committee that over 25,000 Palestinian women and children had been killed by Israel in Gaza up to that date. Austin, the military chief of the Biden Administration, delivered a fact that immediately subverted his own government’s rhetoric.

The announcement was shocking for two main reasons. First, Austin himself had orchestrated the relentless flow of US arms to Israel, directly enabling the very campaign that liquidated those innocent people. Second, the figure provided was noticeably higher than the casualty tally reported by the Palestinian Health Ministry in Gaza for the same period – 22,000 women and children in the first 146 days of the war.

The crux of the contradiction, however, is that Austin’s detailed account of the US-funded Israeli atrocities in Gaza directly subverted the official narrative regularly disseminated by the White House.

In fact, as early as October 25, 2023 – barely two weeks into the war – President Joe Biden himself began doubting the Palestinian Ministry of Health’s death toll estimates. “(I have) no confidence in the number that the Palestinians are using,” he flatly declared.

Naturally, Austin’s declaration neither eroded his unwavering endorsement of Israel nor softened Biden’s patronizing attitude toward the Palestinians. To the contrary, US military and political backing for Israel surged exponentially after that congressional hearing. US military and financial support for the Israeli genocide during the Biden administration in the first year of the war is estimated to be at least $17.9 billion.

These apparent contradictions, however, are not inconsistencies at all, but a perfectly calibrated, deliberate policy. Historically, this approach grants the US license to consistently flout its own declared principles. Iraq was invaded, at a horrific cost of life and societal destruction, under the banner of ‘good intentions’: democracy, human rights, and the like. Afghanistan’s protracted agony of war and instability endured for two decades in the name of fighting terror, exporting democracy, and women’s rights.

The operational part of the equation satisfies military and political strategists. Meanwhile, the hollow rhetoric of democracy and human rights keeps intellectuals, both on the right and the left, mired in a protracted, perpetually unproductive debate that serves to conceal rather than influence policy.

While the US government may have perfected the craft of deliberate contradictions, it is not the original architect. In modern history, this phenomenon has been owned almost entirely by the West: colonialism was advanced as a solution to slavery, and forced conversions were brazenly justified as civilizing missions.

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Demands to Release Full Video of Deadly US Boat Strike Grow After Congressional Briefing

Calls mounted Thursday for the Trump administration to release the full video of a September US airstrike on a boat allegedly transporting drugs in the Caribbean Sea following a briefing between Pentagon officials and select lawmakers that left some Democrats with more questions than answers.

“I am deeply disturbed by what I saw this morning,” Sen. Jack Reed (D-RI), the ranking member of the Senate Armed Services Committee, said after the briefing. “The Department of Defense has no choice but to release the complete, unedited footage of the September 2 strike, as the president has agreed to do.”

Reed’s remarks came after Adm. Frank Bradley and Joint Chiefs of Staff Chair Gen. Dan Caine briefed some members of the Senate and House Armed Services and Intelligence committees on the so-called “double-tap” strike, in which nine people were killed in the initial bombing and two survivors clinging to the burning wreckage of the vessel were slain in second attack.

Lawmakers who attended the briefing said that US Defense Secretary Pete Hegseth allegedly did not give an order to “kill everyone” aboard the boat. However, legal experts and congressional critics contend that the strikes are inherently illegal under international law.

“This did not reduce my concerns at all – or anyone else’s,” Rep. Adam Smith (D-Wash.), who attended the briefing, told the New Republic’s Greg Sargent in response to the findings regarding Hegseth’s actions. “This is a big, big problem, and we need a full investigation.”

“I think that video should be public,” Smith added.

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AFRICOM Announces Seven More Airstrikes in Somalia as Trump Continues Record-Shattering Bombing Campaign

US Africa Command has announced in recent days that its forces have launched at least seven more airstrikes in Somalia as the Trump administration continues its record-breaking bombing campaign in the country, which receives virtually no media coverage in the United States.

AFRICOM said in a press release that it launched airstrikes in Somalia’s northeastern Puntland region on November 26, November 27, and November 28, which it said targeted the ISIS affiliate in a remote mountain region about 37 miles to the southeast of the Gulf of Aden port city of Bossaso.

The command said in another press release that it launched more airstrikes against ISIS in the same area of Puntland on December 1, December 2, and December 3. A separate airstrike that was launched on December 3 targeted al-Shabaab near the village of Kobon in the southern Jubaland region, according to a third AFRICOM press release.

The six days of US airstrikes in Puntland came after the commander of AFRICOM, Gen. Dagvin Anderson, visited the region and called for the war against the ISIS fighters hiding out in caves to be “intensified.” The US has been backing local Puntland forces since the region is not under the control of the Mogadishu-based Federal Government.

The command didn’t specify how many airstrikes it launched, but counting each day as one bombing brings the total number of US airstrikes in Somalia this year to 109, an unprecedented number. President Trump has shattered the previous record for annual US airstrikes in Somalia, which he set at 63 during his first term in 2019.

According to numbers from New America, which tracks the US air war in Somalia, President Biden launched a total of 51 airstrikes in Somalia throughout his entire four years in office, and President Obama launched 48 over eight years. President Trump launched a total of 219 during his first term.

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