The Stone Zone | 05-29-25
Episode Stats
Summary
A federal court in New York has ruled that President Trump exceeded his authority to impose tariffs under the International Emergency Economic Powers Act of 1977. President Trump immediately appealed the ruling, and a federal appeals court has temporarily reinstated the tariffs. Meanwhile, the FBI reveals shocking evidence from a secret safe room.
Transcript
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The Stone Zone, entertaining and informative on the Red Apple Podcast Network.
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Yesterday, we interrupted our regular show here in the Stone Zone to bring you breaking news
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that the relatively obscure Court of International Trade in New York
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had ruled that President Donald Trump exceeded his authority
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to impose tariffs under the International Emergency Economic Powers Act of 1977.
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Prior to that, a U.S. District Court judge in Florida, Judge T.K. Weatherall,
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had suggested that President Trump had the authority to impose tariffs under that law,
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a ruling from the 1970s, but he did not issue a court order.
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According to the judge, the International Emergency Economic Powers Act of 1977
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gave President Trump the authority to set tariffs for reasons other than just raising revenue.
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Judge Weatherall wrote that President Trump's justification for the tariffs,
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both stemming the flow of illicit drugs into our country
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was sufficient to satisfy the terms originally set by Congress.
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But rather than issue an order, Judge Weatherall punted the case from a federal court in South Florida
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to the relatively obscure Court of International Trade in New York.
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And that three-judge panel ruled late yesterday that the president had exceeded his authority
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to impose tariffs on other countries under the IEPA, as it's called.
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That three-judge panel at the U.S. Court of International Trade,
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which is an extraordinarily low-profile court, looking up online, you see almost nothing,
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ruled Wednesday to set a temporary halt in President Trump's global tariff effort
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that he imposed citing these emergency economic powers back on April 2nd.
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You remember that? It was what he called Liberation Day.
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Well, now, the president, before we were off the air yesterday,
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the president had appealed that to the federal courts,
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and only hours ago, a federal appeals court temporarily reinstated President Trump's tariffs
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after the Court of International Trade in New York said the president had exceeded his authority
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under the International Emergency Economic Powers Act of 1977.
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The en banc court granted the Trump administration an immediate administrative leave less than 24 hours
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Strangely enough, one judge on the court did not participate.
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The request for an immediate administrative stay is granted to the extent that the judgments
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and the permanent injunctions entered by the Court of International Trade in this case
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are temporarily stayed until further notice while the court considers the motion papers.
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This is a smashing victory for President Donald Trump.
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Once again, we see the same thing, where the courts are attempting to exceed their authority
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and disrupt the executive authority granted to President Donald Trump under the U.S. Constitution
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and affirmed in the last presidential election.
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According to CNN, the federal court's ruling in Wednesday's injunction,
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30% tariffs on China, 25% tariffs on some goods imported from Mexico and Canada,
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and the 10% universal tariffs on most goods coming into the United States would have been halted.
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According to CNN, the obscure ruling did not affect the 25% tariffs on autos, auto parts, steel, or aluminum,
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which were subject to Section 232 of the Trade Expansion Act, a different,
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This is going to be an ongoing issue, folks, in which liberal Democrat jurists,
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who are anything but apolitical, on the federal courts seek to undo the results of the last election.
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President Donald Trump has no choice but to quickly appeal these demented and baseless rulings,
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with, of course, the final backstop being the U.S. Supreme Court.
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We saw this previously, when the courts ruled that President Donald Trump did not have the constitutional authority
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to deport illegal immigrant gang members with criminal records from the United States, as well as all illegals.
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We went through this same rigmarole, but with the U.S. Supreme Court finally ruling that Trump did have that authority
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so that deportations of dangerous criminals could then proceed.
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In the meantime, Dan Bongino, deputy director of the FBI, revealed shockingly that the FBI, under James Comey,
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had intentionally mishandled and hidden substantial evidence from the American public in a secret safe room,
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and that the contents of this room had been discovered and would soon be known to the American public.
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While discussing the remaining Comey loyalists in the FBI building,
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Bongino announced that the FBI discovered an entire room of mishandled and hidden evidence from the Comey years.
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He actually went on to say the FBI is working now to declassify these documents,
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and once that occurs, the public will be shocked to learn what is there.
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Wait till you read the stuff that's coming out.
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There are people there who are really horrified at what happened.
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There was a room, and we found a lot of stuff, a hidden room.
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Well, I wouldn't call it hidden, but hidden from us at least, and not revealed to us.
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We found stuff in there, and a lot of it, most of it, from the Comey era, quoting Dan Bongino himself.
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We are doing our damnedest to declassify this as soon as we can.
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Once that gets done, you will read a lot of the stuff that were discovered.
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Now, I'm going to assume that yesterday's revelations that Nellie Orr, who was the wife of the FBI official Bruce Orr,
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who was one of the perpetrators of the Russian collusion hoax,
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and who clearly, based on documents released by Senator Chuck Grassley, chairman of the U.S. Senate Judiciary Committee yesterday,
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lied under oath to help cover up the entire Russian collusion operation,
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which was, as we've said on the show many times,
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the largest single dirty trick in the history of American politics.
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It was an abuse of power in which the full authority of the United States government
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and the extraordinary capabilities of our intelligence agencies
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were used utilizing what the FBI and the CIA and the Justice Department and the White House,
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under Barack Obama knew, was completely fabricated evidence,
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and the false claim that they still try to circulate
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that the Democrat National Committee had been hacked by Russian intelligence.
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They have never produced any evidence to sustain that.
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They point to the report of a company called CrowdStrikes,
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that the FBI admits they never inspected the computer servers of the DNC.
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who just coincidentally happened to be a former deputy of Robert Mueller's at the FBI,
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admitted under oath to the House committee investigating the Russian collusion hoax,
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that he had found no evidence whatsoever of any Russian hack.
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So Bongino says that this material will be released.
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He also implies a great deal it had to do with the Russian collusion hoax.
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He also spoke, again, about the attempted assassinations of President Donald Trump,
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and he insisted yet again that everything that there is to know is known.
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He was particularly critical of former FBI Director Jim Comey,
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this man is a disgrace to the badge, the FBI, and the country,
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taking personal shots while you're on the beach implying a threat towards the president,
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which, if you followed this curcuffle, you know is exactly what Comey did.
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Meanwhile, one of President Trump's chief executive officers predicted
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that the legislative agenda passed by the U.S. House,
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and he went on to say that the Congress recently passed big, beautiful bill,
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which includes the greatest single tax increase, tax decrease in American history,
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not to mention the doing away with the tax on tips,
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doing away with the tax on Social Security and retirement,
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providing a new tax credit for those who buy their car or truck from a U.S. company,
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a vehicle made here, is the greatest single tax cut in American history,
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well, then you would be getting a 65% tax increase in January.
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If the Republicans in the Senate don't pass the big, beautiful bill,
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it would therefore be the greatest tax hike in history.
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Federal Housing and Finance Agency Director Bill Pulte
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called on the Federal Reserve Chairman Jerome Powell
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The housing markets would be in much better shape
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This is just the latest effort to influence Powell
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and comes after the Supreme Court ruled last week
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that Trump can't fire the head of the Federal Reserve.
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There are many who have urged the President to do so,
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The only thing that Congress can do here, of course,
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which, frankly, Congressman Ron Paul advocated years ago,
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One other point here, and that is, you remember,
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who was then heading the Department of Government Efficiency,
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said that he was going to examine our gold reserves
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held by the New York Federal Reserve in New York City.
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You notice how you've heard nothing whatsoever about that
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is backed by the full faith and credit of the United States,
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to see what they'll do with the big, beautiful bill.
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the fact that there aren't enough spending cuts
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We'll be talking about this more in the Stone Zones.
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please stick with us and don't touch that dial.
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He's very smart and he knows what he's talking about.
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From curries to sweet treats like coconut flan,
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perhaps a decline of 4% of gross domestic product.
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for the typical family just over a couple of years.
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if you're including getting energy prices down.
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where we're going to get an even playing field.
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that virtually every one of our trading partners