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As an undeniable supporter of Trump for the U.S. Presidency since 2014, I have witnessed his struggle against the establishment for ten years. He won his 45th U.S. Presidency, lost his second-term bid, and came back and won the 2024 election. The author sensed that the 47th U.S. Presidency would not be a Trump 2.0 but X.0 where x (x = 1 to n) signifies a rapid revolution like a popular App racing to conquer the world market. Writing this article before Trump’s inauguration on January 20, 2025, the author is excited to say congratulations to the President and all the best for Mr. Trump, for Americans, for MAGA and MAWGA (*Make All World Great Again, an inclusive and coercive program was explained in his earlier articles in this column.). Trump’s success and MAGA’s success hinge on the concept that the United States is not just selfishly reinvigorating for itself but for America, the entire world, and all mankind. The U.S. welcomes partners to work together.

Starting in 2025, Trump will have the chance to succeed by stopping the hot wars in Ukraine- Russia and in the Middle East, the Israel-Hamas war, as well as pause the Cold War to keep the world in peace with no extra military burden on U.S., USSR, and China’s Defense budgets. The world can focus on world infrastructure and economic development under peace. The money savings will be greater for the U.S. than for Russia, China, or any other nation. The U.S. can compete at a better and fairer footing on MAGA Plans and is in a better position to lead MAWGA programs to help other under-developed nations improve their economies, contributing to world prosperity.

Using the 21st-century language, put your e-goggle on to experience a never-happened-before U.S. presidency transition. This transition will unfold rapidly before your eyes. No, it isn’t a Hollywood TV show featuring Donald Trump recapturing his halo from the Apprentice TV series (2004-2017) or his theatrical 45th U.S. Presidency (2016-2020), but it is a live cast of the procession of his 47th U.S. Presidency with the new cabinet members being nominated one by one. This production can never be directed by anyone else but Donald Trump himself, who has served a dramatic term in the White House (2017-2021), lost his rebid, haunted by the political deep states and justice machinery but came back to win the 47th U.S. Presidency, charged by the MAGA movement to re-occupy the White House to become the commander-in-chief of the United of States.

Trump is an intelligent and life-enriched tough American blessed with many successes and failures and valuable experiences throughout his American life. He was not a politician baked by the American establishment system. He entered politics as a dark horse with a strong will to challenge the establishment despite the tremendous pressure from the deep-state machinery and well-established American mass media oligarchy. Trump’s 2016 win was a surprise to the establishment, and he served on his belief and will without compromising or yielding to the legacy establishment power. He was able to steer the GOP to support his vision, but he was facing an all-out fight from the Democrats. In his first term, he started with an inexperienced, disorganized team, but he was decisive in firing his White House staff and cabinet members, he learned fast on the job, including complicated international relations, defense affairs, and trade intricacies. He might have made many enemies, but he earned his respect from them.

Trump lost his 2020 presidential bid under a complicated world environment, the COVID pandemic drove the world to recession and even panic which created a sentiment to find a culprit. The media caused the Americans to blame China with no justification. Democrats selected Biden to challenge Trump, taking a tougher stand against China and Russia with promises to build military alliances. Biden narrowly won the election, and his four years doubled down on trade wars, technology sanctions, and decoupling of supply chains with China, forcing her to invest more to become more independent in its manufacturing power. The comeback of the MAGA movement was inevitable. Trump, with his perseverance, led a hard four-year campaign to win the 2024 election. The significance of Trump’s victory is not just a personal triumph but a mandate for Trump to make good on MAGA. MAGA is a giant order; it cannot be accomplished with one presidency, it requires a broader notion of MAWGA, requiring a cooperative effort not only from all Americans but all people around the world. The U.S. must take the initiative to start the MAGA and MAWGA strategic plans together and lead the world to accomplish them.

Trump has a broad and grand view of the world, but he is also a realist who understands what is negotiable, tradeable, and accomplishable. He has a tall and a long-range MAGA order to fill. He must be very strategic in setting up long-lasting strategic policies not only to carry momentum in his term but also to continue to future presidencies, and he also has to be tactical in soliciting and motivating domestic and international partners. If he succeeds, he will be the greatest American president in history, and America will be great again, and all the world will be great again. A few signs are showing that Trump is on the right track thus far. He raised the stick of tariffs before entering the White House by threatening not only China but also Canada and Mexico; he is sending signals to everyone that he is strictly business-minded, not personal nor ideological. So, everyone shall begin to do their calculation and get ready for Trump's negotiation. Trump is a great negotiator; he will negotiate to win for MAGA. However, the support for MAGA may change domestically or internationally. The Canadians, after being threatened by the U.S. tariffs, have already had second thoughts on MAGA. That's why the U.S. must start the MAGA and MAWGA plans together.

Trump was correct about the problem with the large government that generates bureaucracy, waste, and inefficiency. He created the Department of Government Efficiency (DOGE) to show his resolve and to send a clear message to Americans that the Trump Administration will mean business in budget control and waste cutting. In his previous term, he warned the Boeing company about its future and criticized the waste in U.S. defense contractors. Trump was not versed in technology, but He learned from the case of Meng Wenzhou of Huawei company (a world communication tech giant) being arrested by the Canadian Customs Office in Vancouver in 2018 and also witnessed the mess Biden created in the semiconductor supply chain, both hurting the U.S. in the end. Trump has not yet revealed any semiconductor plan that his Administration will do, but keeping Elon Musk on his close side will get more sensible advice to guide his technology strategy beneficial to MAGA and MAWGA.
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Yes, Trump can be impulsive, but his rational mind eventually rules. So the next four years can be expected as Trump X.0. Now, as the president, Trump is freed from the burden of all the legal cases against him. He is mentally more relaxed, and he can focus on his strategies with Trump x.0. A couple of cabinet nomination cases that went sour are not significant. So long he can hold his MAGA flag and MAWGA umbrella firm focusing on strategies to find partners to work with, President Trump, in his second term, can set the right policies in place to make sure they will carry the MAGA/MAWGA momentum to future presidencies. The author just noticed recent news about Trump's unprecedented invitation to China’s President Xi Jinping to attend his inauguration ceremony. This is Trump's other message to the world, he and Xi will be on good terms for accomplishing MAGA and MAWGA purposes. A good and smart gesture will always bring a warm gesture in response!

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The current world hegemon, the United States of America, although still flaunting its power globally on the surface, is gradually revealing its internal issues. This has led more and more Americans to become aware of various societal injustices. Meanwhile, people in other countries have also been increasingly dissatisfied with America's recent conduct and behavior, losing respect and confidence in it. Today, let's delve into the deeper issues within the United States!

Is the Federal Reserve, the central bank of the United States, a state-owned bank?

In the U.S., most people believe that the Federal Reserve is a national bank and a department of the federal government. This is a significant misconception. Indeed, the Federal Reserve plays the role of the central bank in the United States, but is it owned by the U.S. government and the public? The answer is no.
The Federal Reserve was established in 1913 through the meticulous efforts of Paul Warburg, a capable assistant under the Rothschild family, Europe's Jewish big bankers. They successfully brought the model of the privately owned Bank of England to the United States. Thus, the Federal Reserve is a completely privately owned central bank in America, with its shareholders being wealthy bankers. Although privately owned, the Federal Reserve fully controls the issuance of U.S. dollars. To issue dollars, the U.S. Department of the Treasury must provide Treasury securities to the Federal Reserve in exchange for an equivalent amount of dollar bills (or the current electronic dollars). This is why every bill bears the words "Federal Reserve Note."
We all know that U.S. Treasury securities must make interest payments, meaning the Federal Reserve can earn significant amounts of interest with the dollars it prints without any cost (the actual printing is done by the Bureau of Engraving and Printing under the Treasury Department). Who pays this interest? Naturally, taxpayers like you and me! As of now, the Federal Reserve holds nearly $4.5 trillion in U.S. government securities, which is 13% of the total government securities issued by the U.S. government. Every year, the U.S. government (i.e., taxpayers) must pay the Federal Reserve approximately $91 billion in interest.

Politicians Manipulated by Money

James Rothschild, the fifth son of Mayer Rothschild, once controlled the French financial market and established the Rothschild Bank in Paris. In 1815, Napoleon remarked: "When a government relies on the money of bankers, it is the bankers who control the situation, not the leaders of the government. The hand that gives money is always above the hand that takes it. Money has no homeland. Financiers know neither patriotism nor decency; their sole objective is profit."

American politicians, whether Republican or Democrat, exemplify Napoleon's words, or even exceed them! In recent months, numerous student protests have erupted on American college campuses against the massacre of innocent Palestinian civilians by Israeli forces. The measures taken by American politicians against protesting students clearly show that they serve their financial backers. Notable examples include Speaker of the House Mike Johnson and Texas Senator Ted Cruz. These big bankers not only control the financial industry but also use their financial power to manipulate elections at all levels in the U.S., from the president to senators and congressmen, and from state governors to state legislators. This is the current state of American politics!

Why is the U.S. National Debt Always High?

National debt (or surplus) = Government revenue - Government expenditure.

First, let’s look at revenue. The primary source of federal revenue in the U.S. is individual/family income tax. According to Cox Business School Dean Niemi of Southern Methodist University: "The hardest hit and highest taxed group is the middle class because they have no tax shelters. They only have wages and salaries taxed at rates of 25%, 28%, 33%, 35%, or soon 39.6%."

The highest U.S. personal income tax rate dropped from 70% in 1964 to 50% in 1982 during President Reagan's eight-year term, and to 28% in 1988, his final year in office. It now stands at 37%. Corporate tax rates dropped from 46-48% in 1981 to 34% in 1986 (during Reagan’s term), increased to 35% in 1993 (during Clinton’s term), and fell to 21% in 2018 (during Trump’s term). These figures show that tax rates for the wealthy and corporations have significantly decreased, naturally reducing national revenue.

On the expenditure side, apart from increased domestic spending, two wars have forced the U.S. government to increase its spending. Since February 2022, supporting Ukraine's proxy war against Russia has cost $17.5 billion, with no end in sight. Looking at the Middle East, since the outbreak of the Israel-Palestine conflict in October 2023, the U.S. deficit has surged again. U.S. financial aid to Israel has reached $12.5 billion. Currently, the U.S. government debt is rising at a rate of $1 trillion every 100 days. The Federal Reserve, which controls U.S. finance, seems to be covertly allowing the government deficit to grow year by year, forcing the U.S. government to issue more Treasury Securities, parts of which are exchanged with the Fed, turning into cash in the government's hands, enabling Fed bankers to reap huge profits!

Looking specifically at the U.S. deficit, in 2023, government revenue was $4.44 trillion, expenditure was $6.13 trillion, and the deficit was $1.69 trillion, about 6.3% of the U.S. GDP. The U.S. Treasury must issue securities to cover this $1.69 trillion deficit, but due to the declining credibility of the U.S. government in recent years, about 30% of bonds are unsellable. Recently, U.S. Treasury Secretary Yellen visited China, intended to sell U.S. Treasury securities, but to no avail. If these securities must be sold, they can only be sold to the Fed, which then issues an equivalent amount of cash. The increase in cash supply will inevitably exacerbate inflation, worsening the U.S. economy. Shopping for daily necessities at supermarkets, we feel that inflation is still rising, and some businesses are taking advantage of this opportunity to raise prices for higher profits.

Wealth Polarization

The influence of financial conglomerates has rendered U.S. antitrust laws, which restrict mergers between large companies, ineffective. Wealth concentration is increasing, with the top 1% of earners now owning about 30.6% of U.S. assets. The degree of wealth polarization is worsening, with over 600,000 people homeless across the country.

The End of the Petrodollar

On June 9 this year, Saudi Arabia announced it would not renew the petrodollar agreement, ending the 50-year era of the petrodollar since 1974. This is expected to significantly reduce the use of the dollar in international trade. More fundamentally, the dollar will no longer be anchored by any valuable physical commodity, shaking its reliability.

The U.S. hegemony rests on the dollar, the military, and the media. As analyzed, the dollar is on a decline. Without substantial government funding, the U.S. military will have to reduce numerous overseas bases, unable to suppress other countries or create wars at will. The media has also been exposed for its false reporting by self-media. TikTok's revelations of Israeli atrocities in Gaza are why it is being banned; it touches the core interests of the big bankers.

As someone concerned about the U.S. and world affairs, what changes do you think the U.S. should make to rectify these internal systemic injustices?


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