Schiff Sovereign Podcast Two dangerous forces are holding America hostage [Podcast]
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Jul 1, 2025 This discussion tackles the abandonment of principles in American governance, highlighting inconsistencies between political rhetoric and fiscal reality. It also reveals how Supreme Court decisions can shift power dynamics in policy implementation. The looming financial crisis and rising national debt draw attention, while a deeper dive into the fall in foreign bond investments raises alarms. Additionally, the podcast explores a shift towards gold as a strategic asset, uncovering undervalued investment opportunities amidst a volatile market.
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End of Nationwide Injunctions
- Lower federal courts often issue nationwide injunctions that block policies for everyone, not just the lawsuit filer.
- The Supreme Court has now ended this practice to prevent one judge from halting national policies alone.
Corporate Transparency Act Failure
- The Corporate Transparency Act required duplicative reporting already collected by the IRS, burdening taxpayers unnecessarily.
- After legal battles and injunctions, the Biden administration eventually scrapped its enforcement of the Act.
Kagan's Flip on Injunctions
- The Supreme Court ruled 6-3 to stop lower courts from issuing universal injunctions nationally.
- Justice Elena Kagan reversed her previous stance and voted against ending the practice due to ideological preference.