3 MINS AGO: Russia FREEZES Billions in EU Assets... Is the U.S. Next?

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Russian authorities have threatened foreign companies that are withdrawing from the country with arrests and asset seizures the Russian government has taken a significant step in the ongoing economic standoff with Western Powers by immobilizing assets of prominent European union banks operating within its borders Western banks have maintained a presence in Russia despite escalating geopolitical tensions and conflicts in 2022 these financial institutions generated substantial profits contributing nearly 800 million EUR in taxes to the Russian government this financial engagement inadvertently strengthened the Russian economy while International sanctions were in place the bank served as a vital channel for Russia enabling transactions in Western currencies and allowing partial circumvention of imposed sanctions among the sanctions the exclusion of Russia from the Swift International payment network has severely restricted moscow’s ability to engage in transactions using dollars and euros nevertheless EU Banks operating in Russia have acted as a crucial Financial conduit enabling transactions in Western currencies and allowing Russia to partially bypass the enforced limitations a notable example of this Dynamic is Austria’s raaen Bank International RBI experienced a dramatic increase in profits from 2021 to 2023 in 2021 the bank’s earnings in Russia were below €600 million EUR by 2023 these profits had surged to 1.8 billion e marking a three-fold increase consequently rbi’s tax contribution to the Russian treasury Rose to 464 million EUR The Group of Seven Nations have been advocating for the withdrawal of Western Banks from Russia however Russian President Vladimir Putin has actively obstructed these exit attempts the Russian government has frozen shares of banks like RBI and prohibited the sale of their Russian operations effectively seizing their assets and profits within the country this development has significant implications for Western Banks billions of dollars are currently immobilized within Russia crucially Western Financial infrastructures remain accessible to Russian Enterprises presenting a substantial vulnerability in the g7’s financial sanctions regime RBI for instance serves 2600 corporate clients and manages accounts for 4 million local individuals in Russia these businesses and private account holders retain the ability to buy and sell Western currencies and access the Swift system allowing companies to receive payments in dollars and Euros in 2022 Western Nations led by the United States imposed stringent sanctions aimed at crippling the Russian banking sector’s Financial operations despite these efforts Russia has successfully identified alternative Pathways for international trade a substantial portion of Russia’s trade with China now uses the Chinese Ren mby and Russian Ruble with approximately 90% of their transactions occurring outside the conventional dollar dominated system as China stands as Russia’s largest trading partner the impact of Western sanctions has been significantly mitigated the European Union’s ongoing Reliance on Russian natural gas complicates efforts to sever Financial ties completely in first quarter of 2024 Russia supplied 16% of the total consumption into Europe European Industries remain heavily dependent on affordable Russian gas to sustain their operations prominent companies such as Volkswagen face potential plant closures in Germany due to energy shortages and escalating costs underscoring the severe economic repercussions Europe continues to import substantial quantities of Russian gas through three principal channels liquefied natural gas Imports the turkstream pipeline and the Ukraine Transit pipeline in the second quarter of 20124 alone the EU acquired over 13 billion cubic met of Russian gas through these channels facilitating payments for this gas necessitates the involvement of EU banks in Russia primarily utilizing Western currencies like the Euro shutting down these Banks would result in significant payment hurdles potentially compelling Europe to transact in Rubles or the Chinese renm inadvertently bolstering moscow’s and beijing’s geopolitical leverage the complexity of the situation is further exacerbated by the substantial profits amassed by Western companies within Russia approximately 8 billion dollar in earnings are at risk of being frozen or becoming inaccessible with access to its National reserves curtailed by Western sanctions Russia May retaliate by targeting Western firms operating within its territory as of May 2023 more than 2,000 foreign businesses remained active in Russia with fewer than 400 having withdrawn often incurring considerable Financial losses due to Russia’s heavy exit taxes it has in an exodus scores of Western companies have stopped doing business in Russia but the Kremlin is exerting pressure to bring Brands and business back using questionable meth methods for example by threatening to seize assets like property machinary cash or data from companies that have decided to leave it’s prospects like these that have forced German automotive supplier Continental to restart production in Russia specific cases of assets seizures by Russian courts highlight the escalating economic tensions a courton St Petersburg has ordered the seizure of 239 million EUR from Deutsche Bank D 3.7 million E from Commerce Bank and 462.11cfp processing plant project Deutsche Bank in Frankfurt stated it had already provisioned about €260 million for the case the bank commented we will need to see how this claim is implemented by the Russian courts and assess the immediate operational impact in Russia commer bank has not yet commented on the case unicredit said it has been made aware of the decision and was reviewing the situation in detail the bank was one of the most exposed European Banks when Moscow launched its invasion of Ukraine with a large local subsidiary operating in Russia it began preliminary discussions on a sale last year but the talks have not Advanced chief executive Andrea Orel said uni credit wants to leave Russia but added that gifting an operation worth3 billion EUR was not a good way to respect the spirit of Western sanctions on Moscow over the conflict the legal battles surrounding these asset seizures underscore the complexities of international law and sanctions Western Banks argue that Russian courts lack jurisdiction over these matters citing agreements that disputes should be heard in international arbitration courts however Russian courts have rejected these jurisdictional defenses proceeding with hearings and asset freezes risen Bank International faces particular pressure from both us authorities and the European Central Bank to reduce its Russian business RBI plays a significant role in international settlements and has been a critical Financial Lifeline for Russian customers seeking to send Euros or dollars abroad the bank’s CEO Yohan Strobel has stated that a sale of 60% of its Russian business is the most likely scenario for withdrawal from the market Strobel provided no further details but said it was uncertain whether RBI would manage to extract funds it has generated from Russia he also said any deal needed approval from Russian authorities the European Central Bank Austria’s regulator and the US Treasury after RBI said in April that it would be required by the ECB to further decrease its business in Russia Strobel said it would stop most new lending and charge high maintenance fees to discourage deposits it will also refuse deposits from any financial institutions other than subsidiaries of Western Banks RBI generated half of its post tax profit in Russia during the first 6 months of the year but those earnings stayed with the local subsidiary because of Western sanctions in May after intense us pressure RBI dropped a bid for a 1.5 billion Euro industrial stake linked to Russian Tycoon Oleg derap Pasa part of a plan designed to unlock its funds Frozen in Russia the US Treasury has further intensified its stance on rbi’s presence in Russia deputy secretary of the US Treasury Wally Ado has reportedly warned RBI in writing that its access to the US Financial system could be curbed because of its continuing presence in Russia the treasury has also sanctioned companies related to rbi’s asset swap deal that allegedly involved sanctioned Russian oligarch Oleg derap Pasa the warning is the strongest yet to the biggest Western Bank in Russia and follows months of pressure from Washington which has been looking into rbi’s business in the nation for more than a year Reuters notes Richard ports a professor of Economics at London Business School told Reuters the US is losing patience enough is enough adding that Russian money flowing through risen and other Western Banks clearly blunted the effectiveness of us sanctions Russia has countered Western asset freezes with its own threats in 2023 Kremlin spokesman Dimitri pesov stated that Russia has a list of Western assets that would be seized if G7 leaders decided to confiscate $300 billion in Frozen Russian Central Bank assets when asked if there was a list of assets that Russia could seize pesov said there is without elaborating Russia’s ra State News Agency says the West stands to lose assets worth at least 288 billion of Frozen Russian assets are confiscated now after Moscow invaded Ukraine the US and its allies blocked around 300 billion dollar worth of Assets Now some Western Powers have floated the idea of using confiscated Holdings to to rebuild Ukraine once the war has finally ended but Russia reaffirmed on Sunday that counter measures could follow what it calls Western thievery Russian officials suggested that if Russian assets are confiscated then foreign investors assets stuck in special type c accounts in Russia could face the same fate some foreign assets were effectively locked in these C accounts it is not clear exactly how much money is in these accounts but Russian officials have said it is comparable to the the $300 billion of Russian reserves Frozen Finance Minister Anton siluanov said there were significant funds in the sea accounts Kremlin spokesman Dimitri pesov told reporters that Russia would challenge any confiscation in the courts if something is confiscated from us we will look at what we will confiscate pesov said we will do this immediately the European Union has begun transferring profits from Frozen Russian assets to Ukraine to boost it military capabilities EU Foreign Affairs Chief Joseph Burell announced we have mobilized the first tranch of windfall profits from Russian frozen assets it’s 1.4 billion euros or $ 1.55 billion part of it is going directly to Ukraine in order to boost the Ukrainian defense industry by March we will have the second tranch of the windfall profits Moscow described the transfer of profits from its frozen assets as theft Russian presidential spokesman Dimitri pesov told reporters these are illegal actions they will definitely have legal consequences this is nothing but a legal expropriation in Russian theft of our money our assets the G7 has agreed to a similar scheme although it has yet to be finalized the G7 also agreed in June to use frozen Russian assets to finance a $50 billion loan to provide military aid for Ukraine however there are concerns that these asset schemes could prompt some countries to cut their own bilateral funding to Ukraine Germany for instance has indicated it could end bilateral military aid for Civ after 2025 as it seeks to close a$1 13 billion budget deficit the changing legal environment in Russia raises concerns about the future of foreign investment in the country Andreas Canal an attorney specializing in corporate dealings in Russia noted a shift towards a more authoritarian system of law to evaluate but in the short term we see already tenden Tendencies which are very clear towards an authoritarian system of law which um is a clear sign of which is the introduction of censorship regarding Russia’s future as a place of investment Canal commented Russia will have to change considerably and um after the situation Ukraine has come to an end Russia will have to make a strong move towards introduction of a state of law in order to attack foreign government foreign investment again Manis you mentioned that China flow out of bonds I should mention it’s not just bonds it is stocks too China sold a record amount of stocks $5.1 billion in the month of August that again is a record so you see this overall picture of us assets man as I got the chart here in front of me lowest in four years China’s treasury selloff following the fed’s rate cut is a clear sign of growing Global dollarization as countries increasingly turn away from the dollar the US faces Rising inflation ballooning debt and diminishing control over global markets well the velocity of that selling across the whole asset Spectrum from China many would say is possibly to help them defend the Yuan but it comes to those treasury markets that I said are they’re not waiting around I mean there there’s just nobody waiting around in these Bond markets there’s no clearing price the 20e auction went quite nicely last night but if you look at what’s happening from China in the bonds and that chart behind you for the fifth month in a row they’ve been selling bonds $16.4 billion is what they sold in August Danny that’s Nei the lowest holding of treasuries since 2009 dollarization I think could be the line uh that that other people will speculate the dominance of the US dollar in the Global Financial system established in the aftermath of World War II is facing unprecedented challenges an increasing number of countries are actively seeking alternatives to the dollar primarily due to Washington’s propensity to weaponize its currency for geopolitical purposes the freezing of 300 billion in assets belonging to Russia’s Central Bank and the seizure of Foreign Exchange reserves from Venezuela Iran and Afghanistan have heightened concerns among nations about potential targeting by the US government this apprehension has catalyzed a wave of dollarization efforts particularly among major economies China and Russia have been at the Forefront of this movement significantly reducing their Reliance on the dollar in bilateral trade as of April 2024 over 90% of trade settlements between these two nations are conducted using their local currencies the Chinese or un and the Russian Ruble this shift represents a dramatic departure from traditional dollar denominated transactions since the end of 2023 China is increasing its sales of US Government debt this chart shows that in 2011 June China held 14% of all US Government debt outstanding and they’ve been tapering off since in the first quarter of this year 2024 China sold another $53 billion of US Treasury bonds it’s likely now that the UK is the second biggest foreign lender to the United States government China is explicitly not going to be buying treasury Bonds in the future they almost certainly took a loss on the bonds they sold in the first quarter of 2024 just to get rid of them if they’re dumping them in quarter one they’re not going to be buying more so China’s out the dollarization trend is not limited to us adversaries Brazil under the leadership of President Lula D Silva has entered into an agreement with China to conduct trade in their respective local currencies Lula has been particularly vocal on this issue advocating for dollarization globally and criticizing US economic policies that Target developing countries in the global South he has specifically condemned us-dominated financial institutions like the international monetary fund for trapping developing countries in unpayable debt even long-standing us allies are exploring Alternatives Saudi Arabia a pivotal player in global oil markets has engaged in discussions with China regarding oil sales denominated in Yuan rather than dollars during President XI jinping’s visit to Riyad in two 22 agreements were signed with Gulf countries and the Arab League outlining plans for China to import oil and gas from the Persian Gulf region using yuan in 2023 China announced its first purchase of gas from the United Arab Emirates paid for in Yuan demonstrating that dollarization is not just a hypothetical process but an ongoing reality these developments have contributed to a gradual but significant decline in the US Dollar’s share of global foreign exchange Reserves from 2000 to 2020 this share decreased from over 70% to just under 60% recent geopolitical tensions including Western sanctions on Russia and China and the ongoing conflict in Ukraine have accelerated this process it is crucial to distinguish between two forms of dollarization the dollarization of international trade and the dollarization of Foreign Exchange reserves the former is generally easier to implement while the involves the Strategic Management of a country’s savings held by central banks to stabilize their currencies China’s actions in relation to its US Treasury Holdings have been particularly noteworthy in 2014 The People’s Bank of China’s Holdings of US Treasury Securities peaked at approximately $1.3 trillion since then China has been steadily reducing its exposure with Holdings falling below $800 billion by 2024 this reduction has not primarily been achieved through active selling but rather by allowing bonds to mature and reinvesting the proceeds in alternative assets the diversification of China’s Investments is evident in several areas The People’s Bank of China has been consistently purchasing gold for 17 consecutive months contributing significantly to the global increase in gold prices Bloomberg reported in April that this consistent gold buying by China is a key factor in the substantial rise of gold prices in recent years two out of three biggest foreign holders of the United States debt China and Japan have been selling their Holdings of the US treasuries for month right now they are at the lowest levels and decades while there are several reasons why foreign countries that own approximately onethird of the US debt are collectively getting rid of it the underlying sentiment is unmistakable they don’t want anything to do with the United States dollar while it takes a while for a global Reserve currency to lose its status the process has already begun now that Saudi Arabia sells oil to China the biggest importer of crude oil in the world using the Chinese Yuan and economies such as Brazil China and India are choosing to transact in alternative currencies the Fiat dollar has a lot to lose additionally China has ramped up its Imports of oil and base Metals Robin Brooks an economist at the Brookings institution noted a 60% increase in China’s Imports of basic Metals since the pre-pandemic period Brooks stated China is trying to decouple financially from the US in the past China invested a lot of its dollars in US treasuries now it’s building inventories in oil and base metal Imports this is financial decoupling China’s strategic petroleum Reserve has also been a focus of investment after drawing from this Reserve in 2023 to influence crude prices China is now actively replenishing it furthermore a substantial portion of China’s dollar revenues is being channeled into providing loans and financing for Global South countries as part of the belt and Road initiative this strategy aligns with China’s philosophy of win-win cooperation or mutually beneficial collaboration aiming to develop important trading partners for the future the debate within Beijing regarding the pace of dollarization has intensified prominent voices such as D dong Shang Vice dean of renman University’s School of International Studies have advocated for Accelerated divestment from US Treasury Securities de warns that these Holdings could be used as leverage against China and argues that by maintaining such Investments China inadvertently reinforces Washington’s exorbitant privilege in the Global Financial system D dong shang’s comments as reported in the South China Morning Post highlight the growing concern in Beijing about the risks associated with holding large amounts of US debt he argued that instead of relying heavily on dollar reserves China could use strong Capital controls to protect against external risks and speculative attacks on its currency the implications of China’s actions extend beyond its bilateral relationship with the United States Japan has now surpassed China as the largest foreign holder of US Treasury Securities with Holdings of $1.17 trillion as of February 2024 this shift occurs against a backdrop of significant challenges for the US economy including High inflation rates and mounting government debt the federal reserve’s response to these challenges including interest rate hikes and quantitative tightening has led to increased yields on us bonds these higher yields while potentially attractive to investors pose difficulties for the US government in managing its substantial debt which has reached 122% of GDP the situation is further Complicated by the reduction in Chinese purchases of US Treasury Securities potentially leading to decreased demand and higher yields when investors think of financial markets the first thing that likely comes to mind is the stock market but there’s actually a bigger less flashy counterpart to the equity Market the bond market probably the biggest Market out there when it comes to Capital markets you hear a lot about the equity side but in reality the bond market is much much bigger at the heart of it lies one of the safest Assets in the world US Treasury bonds as interest rates have risen over the past few years treasuries have offered some of the highest yields in decades the US Treasury Market is a large Market in the US fixed income world it’s giving you higher yield than it has in the last 20 years the yield levels and the income opportunity is is much much more interesting and attractive today than 12 18 24 four months ago we’ve been used to having incredibly low yields here in the US and globally buyers of us treasuries have been changing and the shift could have broad implications for the US economy what we’ve seen over the last couple of years is we’ve seen a declining appetite for US Government debt which is really unusual the US sort of stood out across all the other countries as being so dependent on foreign investors in China’s pulled back as a buyer Japan has pulled back as a buyer China and Japan have not over for many many years been huge buyers I feel like we have not paid attention the US government’s federal debt has reached alarming levels now standing at 122% of GDP this high debt to GDP ratio means that higher bond yields result in increased debt growth furthermore the situation has created a paradoxical scenario where efforts to combat inflation through higher interest rates are simultaneously fueling inflation due to the massive interest payment payments on the national debt payments that the US government has to pay to Holders of bonds those interest payments are so high that they are also fueling inflation so the US is getting to a point where it’s difficult to manage both inflation and its debt at the same time the erosion of the Dollar’s exorbitant privilege is a gradual process but its effects are becoming increasingly apparent an economist estimated that the end of this privilege could result in a decline in average daily income in the US of between 27% and 57% the political Economist giovan arigi explained this situation in his 2007 book Adam Smith in Beijing he pointed out that after the bursting of the dotcom bubble in the US around 2000 Japan and China became the most important creditors for the US government arigi noted that in 1997 Japan’s prime minister ryutaro Hashimoto reminded Washington that while it had created a robust economy Asian central banks held the deed origi further observed that the current accounts of the global North countries particularly due to the massive us deficit corresponded to an escalating Surplus in the current accounts of the global South and former socialist block countries he wrote the growing dependence of Northern and especially us Global Financial domination was on a flow of money and credit from the very countries that are most most likely to become the victims of that domination recent events have brought these issues into sharper focus in July 2024 China reduced its US Treasury Holdings by $3.7 billion immediately following a Federal Reserve rate cut concurrently Japan the largest foreign holder of US debt also decreased its Holdings for the second consecutive month these actions occurred against the backdrop of a US Treasury buyback operation that failed to attract any offers from dealers during a period of declining long-dated treasury prices the US Treasury Department reported that China’s Holdings of US Treasury bonds dropped by $3.7 billion in July 2024 bringing the total to [Music] ings decreased by $2 billion in July totaling 1.15 F7 trillion other major economies have also been reducing their US Treasury Holdings the United Kingdom Belgium France and Switzerland have all chosen to decrease their exposure to US Government debt the US government has not been passive in the face of these developments US Treasury officials led by J Shambo have engaged in direct dialogue with their Chinese counterparts in b Beijing these discussions have touched upon various issues including China’s industrial capacity and the broader economic relationship between the two Nations shamb who holds a PhD in economics from Yale University and previously served as the chief Economist for the White House Council of economic advisers during the Obama Administration is leading a delegation to Beijing for the fifth China US economic working group meeting this visit underscores the importance the places on addressing these economic challenges however the relationship remains complex and often contradictory while economic dialogue continues the US has also announced substantial increases in tariffs on Chinese imported products covering sectors such as electric vehicles solar cells steel and aluminum the global economic implications of these shifts are profound attitudes towards us treasuries are evolving with many countries reassessing their Foreign Exchange Reserve strategies the need for diversification is becoming increasingly apparent as Nations seek to spread risks and enhance returns across a more varied portfolio of assets the US economy stands at a critical juncture as Japan one of its largest creditors moves to divest from US Treasury Securities buyers of us treasuries have been changing and the shift could have broad implications for the US economy what we’ve seen over the last couple of years is we’ve seen a declining appetite for US Government debt which is really unusual the US sort of stood out across all the other countries as being so dependent on foreign investors in China’s pulled back as a buyer Japan has pulled back as a buyer China and Japan have not over many many years been huge buyers I feel like we have not paid attention to the treasury market because it was a market for foreigners or for the FED now it’s a market for all of us and it’s giving you better yield so it’s something which we should not ignore this shift in Japan’s investment strategy has far-reaching implications for the US Dollar’s Global status and the stability of us financial markets potentially pushing the US economy to the brink of collapse Japan’s Holdings of US Treasury Securities have experienced significant fluctuations in 2024 as of September 2024 Japan Remains the top International investor in US government bonds despite notable changes in its investment levels throughout the year in March 2024 Japan held us treasuries worth approximately $1.87 trillion however by may this figure had dramatically reduced to about $ 1.128 trillion following cumulative sales of $ 59.5 billion this included a significant reduction of 22 billion in May following a 37.5 billion ion dollar decrease in April the historical context of Japan’s US Treasury Investments dates back to the post World War 2 era initially Japan’s investment in US treasuries was minimal reflecting the country’s economic recovery phase and the reestablishment of its industrial base as Japan’s economy grew rapidly in the 1960s and 1970s its accumulation of US Financial assets including treasury Securities increased notably by the 1980s Japan had become one of the largest foreign holders of US debt a position influenced by its vast trade surpluses with the United States this trend continued into the 1990s and 2000s despite economic stagnation in Japan during the Lost decade Japanese investments in us treasuries were seen as a safe haven and a means to earn Returns on its large reserves of foreign currency in recent decades espe post 2008 financial crisis Japan’s Holdings have fluctuated but remained substantial it is regularly been either the largest or the second largest foreign holder of us treasuries competing with China for the top spot Japan’s divestment from US Treasury Securities could have significant impacts on the US dollar and contribute to Global dollarization Trends as a substantial holder of us bonds Japan’s selloff could lead to higher Treasury yields as bond prices tend to drop when substantial Holdings are liquidated Rising yields would in turn raise the cost of US debt servicing possibly diminishing the Dollar’s Allure as a global Reserve currency the implications for us financial markets and government borrowing are substantial elevated yields on us treasuries could heighten government borrowing costs making it pricier for the US to manage its national debt this situation might necessitate allocating a higher portion of the federal budget to interest payments thereby reducing available funds for crucial public services and investments in infrastructure education or defense moreover Japan’s sell-off might redirect Global Capital flows as yields on US debt rise and become more attractive International Capital might gravitate towards us markets potentially shifting away from other regions and affecting currency values this could prompt central banks globally to modify their monetary policies to safeguard Financial stability under New Economic conditions Japan’s economic strategy for divesting from us and EU treasuries is driven by several factors unrealized losses in bond portfolios have prompted major Japanese financial institutions including noren chukin Bank to shift from us and European government bonds towards other assets planning significant divestures to manage Financial losses the Yen’s significant depreciation iation has led the Japanese Ministry of Finance to intervene in Forex markets Often by selling us treasuries to support the Yen this affects import costs and inflation additionally Japan’s shift away from negative interest rates is making local bonds more appealing due to Rising yields and reduced currency risks diminishing the attractiveness of us treasuries Japan faces broader economic challenges including stagflation and an aging population to address these issues the country is reallocating Investments to domestic bonds and initiatives aimed at economic resilience and growth thereby mitigating Market volatility impacts let’s look now at Japan who is still number one and it doesn’t seem like they’re selling large volumes of US government bonds the way China is but their buying has definitely slowed down Japan isn’t making enough money in foreign trade to be buying treasury bonds here is a chart of Japanese Holdings over time and they’re actually below where they were a few years ago too China runs giant trade surpluses in US Dollars those dollars have to go somewhere and for years China was using those dollars to buy us treasuries that was true of Japan too in previous decades but not lately Japan’s trading surpluses are gone three straight years of record trade deficits and we are expecting a big bounce in Japanese exports last last month and it didn’t happen so we’re on our way to a fourth year of large Japanese trade deficits this all means that Japan is not going to be a big buyer of us treasuries going forward either

Truly Right View: Advocating for Free Speech in the Age of Political Censorship

Introduction: What is Free Speech Today?

In a world where political discourse is dominated by big tech, cable news, and social media influencers, free speech is constantly under threat. From censorship of conservative viewpoints to the silencing of dissent on controversial issues, we are witnessing an alarming trend of restrictions on the most fundamental rights of any citizen in our Constitutional Republic: the right to speak freely.

But what does free speech truly mean in today’s context? Are we protecting it, or are we allowing authoritarian ideologies like socialism, communism, fascism, and dictatorships to erode it?

The Constitutional Perspective: Why Free Speech is Non-Negotiable

The First Amendment of the United States Constitution is crystal clear: “Congress shall make no law… abridging the freedom of speech.” The Founding Fathers understood the importance of free speech in preserving a free society. Without it, the ability to challenge government, expose corruption, and advocate for truth would be crushed.

Yet today, under the guise of protecting people from “misinformation” and “hate speech,” powerful institutions are curbing our ability to express ideas that do not conform to their narratives.

Do we not see this as a slippery slope toward authoritarianism?

Shouldn’t we, as citizens, be the ones who decide what we can or cannot hear, not a centralized body or corporation?

Social Media and Cable News: Platforms or Gatekeepers?

Social media was once hailed as the bastion of free speech. It allowed ordinary individuals to share their thoughts, advocate for causes, and hold the powerful accountable. However, over the years, major platforms like Twitter (now X), Facebook, and YouTube have become gatekeepers rather than facilitators of free expression.

Algorithms favor certain ideologies, while alternative viewpoints—especially those with a more conservative or constitutional slant—are shadow-banned, demonetized, or outright censored.

Does this not resemble the tactics of monarchies, communistic or fascist regimes that control what their citizens can see and hear?

Shouldn’t a true democracy allow the free flow of ideas, even if those ideas challenge the status quo?

Social Media Influencers: Fighters for Freedom or Puppets of Censorship?

Many social media influencers, especially those aligned with constitutional values, have become modern-day warriors for free speech. Yet, they face intense backlash, censorship, and de-platforming for voicing opinions that challenge globalist or left-leaning narratives.

How many times have we seen influential voices banned simply for questioning government policies, election results, or health mandates?

Isn’t it concerning that only a select group of elites can decide what is “acceptable” discourse?

While some influencers fall in line with these restrictive policies, others have emerged as champions for free speech, using their platforms to resist censorship and uphold constitutional rights. The question is: Will we support these voices, or will we allow them to be drowned out by corporate and governmental censorship?

The Dangers of Socialism, Communism, and Fascism: A Threat to Free Speech

At the heart of socialism, communism, and fascism lies a common tactic—control over speech. These ideologies have historically sought to suppress dissent, limit expression, and create a monolithic narrative that favors those in power.

Look no further than authoritarian regimes past and present, where dissenters are imprisoned, media is state-controlled, and free speech is criminalized. Can we really ignore the striking similarities between these oppressive ideologies and the current state of political discourse in America?

Is the suppression of speech today not a precursor to more draconian measures tomorrow?

Should we not fight to preserve the right to freely express political, social, and economic ideas?

The Truly Right View: Defending Freedom in the Digital Age

At Truly Right View, we believe in the unwavering defense of free speech as enshrined in the U.S. Constitution. We reject the encroaching influences of socialism, communism, fascism, and any form of dictatorship that seeks to undermine this fundamental right.

Our platform is dedicated to bringing you uncensored news, analysis, and commentary from a truly constitutional perspective. We provide a space where voices that have been silenced or marginalized can be heard, and where you—the citizen—can engage in the free exchange of ideas.

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Will You Speak Up or Stay Silent?

In the end, the future of free speech rests in our hands. We can either stand idly by as it is eroded by corporate and governmental overreach, or we can take action to protect and preserve it.

Will you speak up for your rights, or will you allow them to be taken away piece by piece?

The choice is yours.

Subscribe to the channel for Truly Right View today, and support our patriots shop together, let’s ensure that free speech remains the bedrock of our Constitutional Republic.