Thursday, April 30, 2026

 larry johnson gives information, which gives us hope that we'll be able to influence it, which reminds us that we have absolutely none, so we stand back and watch as if we're at the movies; 

 

Trump assembled his national security team in Washington on Monday afternoon to figure out how to respond to Iran’s latest missive delivered via Pakistan — i.e., end the blockade and then we’ll talk about other issues. The Wall Street Journal reports that Trump opted for economic warfare against Iran as it carried less risk, instead of resuming bombing or trying to exit the conflict. That’s the good news. However, President Trump also instructed White House aides to prepare for an extended blockade on Iran.

Before I explain why that is a foolish, unworkable policy that will fail, let’s look at what Secretary of the Treasury Scott Bessent had to say:

“The Treasury Department, through Economic Fury, has targeted Iran’s international shadow banking infrastructure, access to crypto, shadow fleet, weapons procurement networks, funding for terrorist proxies in the region, and independent Chinese “teapot” refineries that support Iran’s oil trade. These actions have disrupted tens of billions of dollars in revenue that would be used to fund terrorism.

Under President Trump’s’ maximum pressure campaign, Tehran’s inflation has doubled and its currency has rapidly depreciated.............more..............

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