Lone Candle
Champion of Truth
“The “Buy Canadian” movement is sending new ripples of concern through the executive offices of U.S.-based consumer companies that banked on selling their products on Canadian retail shelves.”
https://finance.yahoo.com/news/buy-canadian-grows-more-us-100455086.html
“The Senate voted 52-48..to overturn a Consumer Financial Protection Bureau rule capping the overdraft fees that banks can charge, in another blow to the beleaguered agency.
The resolution under the Congressional Review Act now heads to the House, where the Financial Services Committee approved a companion bill on a 30-19 vote earlier this month. CRAs both invalidate regulations and preclude future administrations from introducing “substantially similar” proposals.”
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“The Biden administration finalized the overdraft rule — part of its campaign against so-called junk fees — in December, to the chagrin of Republicans who had asked financial regulators to pause rulemaking after the election until the new administration was sworn in. Banks, which say the rule would limit their ability to offer overdraft coverage, fiercely opposed the regulation and sued to stop it hours after it was finalized.”
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“Under the rule crafted by former CFPB Director Rohit Chopra, banks and credit unions with more than $10 billion in assets would have three options when a consumer overdraws their account: charging $5; charging a fee that covers no more than costs or losses; or disclosing the terms of a profit-generating overdraft loan as they would with other loans.
Sen. Josh Hawley (R-Mo.), the lone Republican to vote against overturning the rule, said the regulation would “save the average working class household something like $265 a year.”
“I do not want to give big banks the ability to charge people outrageous sums of money,” Hawley said. “Under this… they can charge whatever their expenses are on an overdraft, and if that’s more than $5 per overdraft, they’re allowed to charge that, but they’re not allowed to charge anything more.”
Banks currently charge an average fee of $35 to extend overdraft services. The CFPB estimated the rule would save consumers $5 billion in fees per year.”
https://www.politico.com/live-updates/2025/03/27/congress/senate-overturn-cfpb-overdraft-rule-00251896
“Canada’s traditional relationship with the United States is over, Prime Minister Mark Carney said Thursday in response to President Donald Trump’s potentially crippling auto tariffs.”
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” “The old relationship we had with the United States, based on deepening integration of our economies and tight security and military cooperation, is over,” Carney said on Parliament Hill after breaking from the federal campaign trail on Wednesday night in the face of Trump’s latest threats.
“We must fundamentally reimagine our economy. We will need to ensure that Canada can succeed in a drastically different world.”
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“Ford said he also spoke to Carney and they agreed Canada would follow through on its full tariff retaliation, if necessary. Ottawa has said it would be ready to respond with up to C$155 billion in retaliatory tariffs on U.S. products.”
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“Mexico, Canada and South Korea have duty-free access to the U.S. auto market under the terms of free trade agreements that Trump renegotiated during his first term in office.”
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“The United States imported $214 billion worth of passenger cars in 2024, according to U.S. Commerce Department data. Trump said the U.S. would start collecting the new duties on cars and light trucks on April 3”
https://www.politico.com/news/2025/03/27/carney-says-tariffs-force-new-era-for-canada-u-s-ties-00254857
“When a would-be assassin’s bullet struck Donald Trump’s ear, Associated Press photographer Evan Vucci — dodging bullets himself — captured the iconic image of a bloodied Trump, rising to his feet and pumping his fist.
But for the past six weeks, Vucci has been barred from covering many other historic moments in the Trump White House, thanks to the president’s decision to punish the AP for its refusal to embrace his renaming of the Gulf of Mexico to the “Gulf of America.””
https://www.politico.com/news/2025/03/27/associated-press-court-hearing-trump-00253952
“The American Bar Association and dozens of other bar groups this week slammed President Donald Trump’s continued crackdown on the legal system as an attack on the rule of law.
“Words and actions matter,” the groups wrote in an open letter on Wednesday, which did not mention the president by name. “And the intimidating words and actions we have heard and seen must end. They are designed to cow our country’s judges, our country’s courts and our legal profession.””
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“Trump has come down hard on Democratic-leaning law firms, signing executive orders and memos suspending security clearances and barring the federal government from hiring employees from firms like Perkins Coie and Covington and Burling. One firm initially in Trump’s crosshairs — Paul, Weiss — saw its sanctions lifted after agreeing to perform pro bono legal work for conservative clients and ending diversity policies.
The retribution tour has now made its way to Congress, with GOP Senate offices told to take note of the blacklisted firms in an email sent last Friday.”
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““If lawyers do not speak, who will speak for our judges? Who will protect our bedrock of justice? If we do not speak now, when will we speak? Now is the time. That is why we stand together with the ABA in support of the rule of law,” the groups wrote.”
https://www.politico.com/news/2025/03/27/aba-trump-legal-system-028133
The Trump administration are not free speech extremists.
“Secretary of State Marco Rubio said Thursday that the State Department has revoked more than 300 student visas, as the Trump administration continues to detain and deport pro-Palestinian student activists at universities across the country.”
https://www.politico.com/news/2025/03/27/marco-rubio-student-visas-palestine-00005141
When asked basic questions about the administration’s use of Signal, to avoid basic transparency and oversight of their actions, administration officials attack the questioner or Democrats on tangential issues rather than honestly answer the questions.
https://www.youtube.com/watch?v=7yu0vd7ZT7E
Why the Fall of Syria Checkmates Russia & Iran
https://www.youtube.com/watch?v=oytfhLUy0Fg
Why the GERMANS (and Europeans) don’t understand the Arab-Israeli conflict
https://www.youtube.com/watch?v=oGDhBY4V_CI
Putin’s invasion of Ukraine roused the Japanese people, making them fear more than they have previously and increase their support for militarization. If Russia invades Ukraine, China may likewise attack.
https://www.youtube.com/watch?v=ZknEU38CDtE