Today's show is over. Please check the replay and join us live next week. Iowa’s steel mill Monday. Alaska LNG and Korea’s energy package Wednesday. Same fight: will America build a productive system — or keep staring at the pump? Bring your questions.
Susan contrasts Trump’s Iowa mega mill and first U.S. iron ore mine in 50 years—tariffs, EXIM credit, mine-to-mill—with Carney’s summit: airport concessions, raw exports, and only 8 non-military factories.
Gas prices are the bait. The fight is Iowa’s planned steel mill, Minnesota’s new iron mine, and whether America builds its own productive system—or stays a captive market for London’s price war. Join Barbara, Susan, and Adam live Thursday.
In today's report we cover some industries which clearly show the distinction between American methods of political economy and the looting which accompanies the British Imperial methodology.
It's an injustice to refer to the American System of Political Economy as simply "Capitalism." Every society or economy produces some profit, or capital.
The question is what you do with it?
In today's report, we cover some industries which clearly show the distinction between American System methods and the looting which accompanies the British Imperial methodology.
If you haven't already read it, make sure to read Bob Ingraham's post here:
Robert Ingraham
Mike Wall
Blue Origin's New Glenn, with its reusable first stage, is likely to fly on its first test flight on January 6th. The seventh test flight of the SpaceX Starship/Superheavy rocket is likely to take place on January 10th.
The first flight of the Sierra Space Dream Chaser spaceplane is scheduled for no earlier than May. And, the first flight of the European Space Agency's Space Rider spaceplane is expected in the second half of the year.
Lots of engineering development, exploration, and progress will become more visible in 2025.
Zhenbo Wang
Jonathan Tennenbaum
In this interview, the head of the Fusion Industry Association compares Chinese and American work towards bringing fusion power to the grid and gives a good status report.
While American private industry is doing great things, the strangulation of U.S. federal investment into fusion research undermines the breakout potential of the private initiatives. Federal investment into fusion research must become a priority of the second Trump administration.
Professor Ruzic gives a good overview of the current status of the first 2 small modular reactor (SMR) projects in the United States. The new administration will be working to massively step up the pace of deployment for all SMR systems, as well as the large reactors, such as the Westinghouse AP1000 reactors recently put into service in Georgia and China. We need to move to double and triple electricity production to power the revitalization of our industrial superpower status.
Before President Trump resumes office, the current occupants of the White House must decide on the proposed buyout of U.S. Steel by Nippon Steel.
U.S. Steel claims that without injections of capital from Nippon, it would be forced into waves of closures and layoffs. Of course, part of U.S. Steel's trouble is simply a reflection of collapsing American production as a whole. But there is also the Imperial looting policy which is displayed in its willful disregard for the necessity of R&D and capital investment, in favor of dividends to shareholders.
The Japan Times
Assuming that the current occupants turn down the buyout (which is likely, but not certain) the Trump administration must ensure that competent leadership takes charge of U.S. Steel and that capital is made available to construct new plants using the most advanced steelmaking technologies.
In June, we reported on the work by MIT and Boston Metal on such technologies. There is also exciting work going on in this area in China. Unlike the "cement-heads" at U.S. Steel, Chinese scientists took American ideas and ran with them.
Stephen Chen
Michael James Carr
We discussed the MIT/Boston Metal Steel Technology in this Report
As with government, foreign policy, banking, education, steel, aerospace, etc., the domination of society by Wall Street/City of London professional administrators/managers has been leading most established automakers to collapse.
While the author of this video exhibits some mistaken assumptions about electrification in the automotive world, his video is the best overview documentation that I've seen regarding the ongoing collapse of auto industry titans.
As with the revolutionary changes in the Federal Government, most of the current "leadership" of established automotive companies should be replaced by actual engineering and production people.
To Make America Great Again, we'll have to replace most of the leadership of what physical economist Lyndon LaRouche once called the "Make Anything Industry," and reverse the disastrous consequences of the Biden/Harris administration.
After all the years of campaigning, Americans have finally come to the agreement that we will Make America Great Again. But, how do we actually implement the intention, and with a minimum of mistakes along the way?
Bruce Director digs into your comments from the Aug 29 class: why the British System is inherently entropic, why no equation can predict a creative discovery, and how frontier science backs the American System’s idea of man.
Cable news is arguing eggs, beef, gas, and Iran. Bruce Director spent Saturday night on the real midterm question: American System vs. British System — two flavors of the same entropy, and nine weeks to pick a future.
Chatbots dominate the AI argument. Brian Lantz spent Saturday night on the other kind — robots, machine shops, and factory floors — and why manufacturing, not the data center, is where the country actually gets richer.
Four new nuclear reactors went critical in a single month — America's first in 40 years. Brian Lantz on the factory boom the media won't name, and the apprenticeship programs that pay you to help build it. The hardest problem was never the physics.
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