Monday, 23 February 2026

"The president is not a king, and is not entitled to practically unlimited power to impose tariffs. The Supreme Court was right to deny it to him."



"The ruling against Trump’s tariffs is a major victory for the constitutional separation of powers, rule of law, and millions of American consumers and businesses.

"In a 6–3 decision yesterday, the Supreme Court rightly ruled that, under the International Emergency Economic Powers Act of 1977, the president does not have the power to 'impose tariffs on imports from any country, of any product, at any rate, for any amount of time.' The ruling is a major victory for the constitutional separation of powers, rule of law, and millions of American consumers and businesses harmed by these tariffs.

"This decision spared America from a dangerous, unconstitutional path. Under President Trump’s interpretation of the law, the president would have had nearly unlimited tariff authority, similar to that of an absolute monarch. That undermines basic constitutional principles. The Framers of the Constitution had sought to ensure that the president would not be able to repeat the abuses of English kings, who imposed taxes without legislative authorisation. ...

"In addition to upholding the separation of powers, the decision is a victory for the rule of law, which requires that major legal rules be clearly established by legislation, not subject to the whims of one person. Since first imposing the Liberation Day tariffs, Trump has repeatedly suspended and reimposed various elements of them. He has also imposed or threatened to impose IEEPA tariffs for a variety of other purposes, such as countering the supposed threat of foreign-made movies, punishing Brazil for prosecuting its former president for attempting to launch a coup to stay in power after losing an election, and most recently castigating eight European nations opposed to his plan to seize Greenland. Such gyrations undermine the stable legal environment essential for businesses, consumers, and investors, and create endless opportunities to reward cronies and punish political adversaries ...

"The administration may try to reimpose many of the tariffs using other statutes, such as Section 232 and Section 301. But those laws have various constraintsthat would make it hard for the president to simply impose unlimited tariffs, as he could have done under his interpretation of IEEPA. As Chief Justice Roberts noted in his opinion yesterday, “When Congress has delegated its tariff powers, it has done so in explicit terms, and subject to strict limits,” and these others statutes all have limitations on the amount and duration of the tariffs they authorize, plus “demanding procedural prerequisites.” If Trump or a future president does claim that those other statutes give him unlimited power, tariffs imposed based on any such theory would themselves be subject to legal challenges. Yesterday’s decision signals that a majority of the Court is seriously skeptical of claims of sweeping executive tariff authority.

"Following the release of the Court’s decision, Trump announced his intention to use Section 122 of the Trade Act of 1974 to impose 10 percent global tariffs. But Section 122 authorizes tariffs only in response to 'fundamental international payments problems” that cause 'large and serious United States balance-of-payments deficits' (which are not the same as trade deficits used to justify the IEEPA Liberation Day tariffs), or “an imminent or significant depreciation of the dollar,' or if they are needed to cooperate with other countries in addressing an 'international balance-of-payments disequilibrium.' And Section 122 tariffs can remain in force for only up to 150 days, unless extended by Congress.

"The president is not a king, and is not entitled to practically unlimited power to impose tariffs. The Supreme Court was right to deny it to him."
~ co-litigant Ilya Somin on 'How the Supreme Court Spared America'
REUTERS: ''Embarrassment to their families': Trump denounces Supreme Court justices after tariffs ruling'
WASHINGTON, Feb 20 (Reuters) - President Donald Trump lashed out on Friday at the U.S. Supreme Court and the six justices who struck down his signature global tariffs - including two he appointed - in remarkably personal terms while hailing the three justices who backed him.
"Although previous presidents have sharply criticised Supreme Court rulings against them, Trump's lengthy tirade to reporters at the White House stood out for its contemptuous tone, as well as the personal nature of his scorn and praise...."

 

"Today’s ruling reinforces a basic constitutional principle: emergency powers are not a blank check for economic policymaking. The Court correctly recognized that tariffs function as taxes on Americans, and that authority belongs to Congress, not the executive acting alone under a perpetual state of emergency. Despite dire warnings, there was never going to be a financial crisis if these tariffs were struck down.
    "Ending the IEEPA tariffs restores predictability and reduces the uncertainty that has weighed on investment and supply chains. Businesses and consumers now get a reprieve from a costly policy mistake. Far from leaving the United States defenceless, the decision strengthens the institutional credibility that matters most when real emergencies arise."

~ Kyle Handley, Cato Adjunct Trade Scholar

"I rise today to address [Supreme Court Justice] Neil Gorsuch's concurrence.
    "The dude stuck a big red hot poker into the nether regions of no fewer than SIX of his colleagues.
    "For Kagan, Sotomayor, and Jackson (I’m paraphrasing, and tendentiously so, but it’s more fun): “You folks supported every cockamamie ‘emergency’ theory the Dems could come up. You gave the Biden administration clearly unconstitutional and unjustified powers during COVID, and you accepted a definition of ‘emergency’ so encompassing that the US has apparently been in an ‘emergency’ since before the Declaration of Independence. Now that a Republican is office, you have belatedly discovered that an declaration of an emergency is more plausible if there is actually some emergency. You people are clowns, and you should be embarrassed.” (Remember, these three are Justices that Gorsuch is JOINING, in his opinion; they are on his side!)
    "For Alito, Kavanaugh, and Thomas (again, I’m not quoting, not even close): “You folks opposed very action the Biden administration tried to take. Sure, the Bidenites claimed excessive powers. But COVID was at least plausibly an emergency, with both an urgent timeline and potentially dangerous outcomes. Yet you still had this very restrictive doctrine you kept parroting, about how the President can’t do things. That meant that you were basically playing “Calvinball,” with made up rules for why Democrats can’t do things. And now you say none of those rules (some of which were admittedly dumb) don’t apply when a Republicanis in office? And when there is no conceivable justification for invoking an emergency? You people are clowns, and you should be embarrassed.” (In fairness to Gorsuch, Kavanaugh in particular wrote an opinion so bizarrely self-contradictory that anyone would have had this reaction privately. But to put it in your concurrence? Damn!)
    "UPDATE: An afterthought: IEEPA was passed with a 'legislative veto.' Whatever else is true, the implied delegation was much less than Kavanaugh is claiming in his nonsensical screed."
~ Michael Munger from his post 'Gorsuch! A concurrence for the ages'
"Today the Supreme Court did something simple and radical at the same time: it read and applied the Constitution. In Learning Resources, Inc. v. Trump, the Court held that the International Emergency Economic Powers Act (IEEPA) does not authorise a President to impose tariffs. Article I vests the taxing power—explicitly including duties and tariffs—in Congress alone. The Executive has no inherent peacetime authority to reach into “the pockets of the people.” If Congress wishes to delegate tariff authority, it must do so clearly and within limits, because that is the structure of our constitutional republic.
    "This ruling is not about whether tariffs are good policy. It is about who has the lawful authority to impose them. The Court reaffirmed a basic principle: the power to tax belongs to the legislature, and it cannot be assumed, implied, or creatively inferred by the Executive. If we are to remain a government of laws rather than men, structural limits must bind even when they are inconvenient. Today, thankfully, the Court enforced that boundary.
Nicholas Provenzo
"The court’s decision is welcome news for American importers, the United States economy, and the rule of law, but there’s much more work to be done. Most immediately, the federal government must refund the tens of billions of dollars in customs duties that it illegally collected from American companies pursuant to an “IEEPA tariff authority” it never actually had. That refund process could be easy, but it appears more likely that more litigation and paperwork will be required – a particularly unfair burden for smaller importers that lack the resources to litigate tariff refund claims, yet never did anything wrong.
    "Even without IEEPA, moreover, other U.S. laws and the Trump administration’s repeated promises all but ensure that much higher tariffs will remain the norm, damaging the economy and foreign relations in the process. Implementing new tariff protection will take a little longer than it did in 2025 and, perhaps, will be a little more predictable. Overall, however, the tariff beatings will continue until Congress reclaims some of its constitutional authority over U.S. trade policy and checks the administration’s worst tariff impulses." 
Scott Lincicome, Cato Vice President of General Economics and Cato’s Herbert A. Stiefel Center for Trade Policy Studies

"This expansive use of presidential 'emergency' powers to
impose taxes without representation would have made King
George III blush -- and offend the very sensibilities of
liberty that once sent tea into Boston Harbor." 
~ Supreme Court Justice Neil Gorsuch in his concurring decision

.....aaaaand,

"Totalitarian and authoritarian leaders seem to always presume that they should have and try to assert unlimited power, to do what they want, when they want, as they want, even when guided by any emotional whim that crosses their mind. And lash out at anything and anyone who presumes to say otherwise."

"Trump asserted that he could impose tariffs when he wanted, on any country he wanted, and to any extent he wanted. And could do so guided by any changing whim when some foreign leader did or said anything he did not like and was 'offended' by. And when the Supreme Court said 'No!' And took his power to do so away, he lashed out at them in rude and crude ways in response. And said he would try to keep doing it in different ways." 

... aaaaaaaand, "it took less than 24 hours and Mad King Donald directly defied the Supreme Court."

"[Fri]day's ruling held that IEEPA does not authorise ANY tariff power. It was explicit in doing so and rebuked Trump's previous exercises.
"Late last night, Trump issued a new executive order reinstating the suspension of the de minimis tariff exemption on mail order packages. The new order reimposes these tariffs by using IEEPA in the face of the explicit direction of the Supreme Court.
"This is grounds for impeachment." 

CATO: 'The Supreme Court Got It Right on IEEPA—But Don’t Pop the Champagne Yet'

"But the end of the IEEPA tariffs does not mean an end to unilateral trade policy. The administration has already been eyeing other, largely overlooked statutes that could produce a similar result.

Section 122

Faced with a possible Supreme Court defeat over IEEPA, administration officials have been readying alternative authorities under which to impose tariffs. One such statute is Section 122 of the Trade Act of 1974. The provision empowers the president to address “large and serious” balance-of-payments deficits through import surcharges of up to 15 percent, import quotas, or some combination of the two. That surely holds considerable appeal for a president who has consistently (and mistakenly) railed against the alleged dangers of US trade deficits.

As Stan Veuger of the American Enterprise Institute and I explained in December in Foreign Policy, the administration could replicate most of the IEEPA tariff structure through Section 122 in short order. Countries currently facing rates above 15 percent would see some reduction, but for every other country, the hit would be nearly identical. And crucially, Section 122 doesn’t require the lengthy investigations that other trade statutes demand. The president could act fast.

But there’s a catch: Section 122 tariffs expire after 150 days unless Congress votes to extend them. How much of a constraint this is, however, remains to be seen. If Congress declines to act, the administration could, at least in theory, allow the tariffs to lapse, declare a new balance-of-payments emergency, and restart the clock. The maneuver would raise serious separation-of-powers concerns, but nothing in the statute clearly forbids it.

With the statute never previously invoked, there’s no judicial precedent clarifying its limits.

Section 338

There’s also Section 338 of the Tariff Act of 1930 (the infamous Smoot-Hawley Act) that, like Section 122, has never been deployed. It authorizes the president to impose tariffs of up to 50 percent on imports from any country that “discriminates” against US commerce as compared to other nations.

The statute is remarkably short and vague. It assigns a role to the US International Trade Commission (USITC), which has a duty to “ascertain and at all times to be informed” whether discrimination is occurring and to “bring the matter to the attention of the President, together with recommendations.”

trump tariffs

But whether this functions as a procedural prerequisite or merely an advisory channel is unclear. The statute separately authorizes the president to impose tariffs “whenever he shall find as a fact” that discrimination exists. Does that language empower the president to act unilaterally, or must he await Commission findings? The text doesn’t say.

The Congressional Research Service has suggested that Section 338 falls into a category of tariff authorities that “do not contain” requirements for a federal agency to “conduct an investigation and make certain findings before tariffs may be imposed.” But this interpretation has never been tested by any administration or any court.

And what counts as discrimination in the first place? The law doesn’t say with any precision. Proving discrimination could be challenging when targeting World Trade Organization members bound by most-favored-nation requirements. Or would it? The administration could argue that any country maintaining tariffs on American goods—or any country with trade practices the president dislikes—is “discriminating” against US commerce.

The United States threatened to invoke Section 338 several times during the 1950s to advance foreign policy goals, but never followed through. The statute hasn’t been meaningfully tested in modern courts, which means its boundaries remain undefined. Would courts defer to an aggressive interpretation of the president’s authority? Would they require USITC involvement? No one knows. For an administration intent on maximizing its discretion, that ambiguity could be a feature, not a bug.

The Underlying Problem

Unfettered use of Sections 122 and 338—along with better-known statutes like Sections 301 and 232—could essentially recreate the IEEPA predicament. In practice, this means the president can continue reshaping tax policy and the business environment on a whim, redistributing hundreds of billions of dollars and imposing pervasive uncertainty, without express congressional authorization.

The Court did important work by reining in the misuse of IEEPA. But judicial intervention can only go so far. Congress spent decades handing off its constitutional trade authority to the executive branch, and these delegations remain largely intact. Until lawmakers reclaim some of that authority and add serious procedural safeguards, the risk of arbitrary tariffs will continue.

The Court did its job. Now Congress needs to do its own.





7 comments:

  1. Peter Cresswell’s views are seen as a betrayal of New Zealand’s interests, he is essentially a "traitorous" figure aligned with globalist or neoliberal agendas. Look, you want the truth? Pull up a stool and shut up for a second. You look at these suits in Wellington globalist traitors of NZ Anna Breman and her lot at the Reserve Bank and they’re sitting there in February 2026 telling you the OCR is at 2.25% and everything’s "under control."

    Under control? My arse traitors like cresswell morons like cresswell as Lindsay Perigo and Socialist Hashashin called out have destroyed NZ

    They’ve spent forty years since Douglas and that lot gutting the engine room of this country. We used to make things here. We had the car plants in Thames and Nelson, we had the woollen mills, we had Marsden Point actually refining our own bloody fuel. Now? We’re a "service economy." That’s just a fancy way of saying we cut each other's hair and sell each other overpriced houses while the "NY Boys" london globlist WEF Cresswell loves pull the strings

    The "Sovereign Stink" of 2026 you see that NZD sitting at 0.60? It’s a lead sinker, mates. The Yanks are predicting 0.45 by mid-year because they know we’re hollow. We don't produce a damn thing we actually use. We ship our best meat and wool offshore, then buy it back in plastic wrap at ten times the fckn price.

    And don't get me started on the mortgages. Breman can park the OCR at 2.25% all she wants, but your bank manager doesn't give a toss about her. They’re looking at the London swap desks. Because we’ve got no domestic savings and no industry, the banks have to beg for "global capital" to fund your suburban dirt-patch.
    The Neoliberal Hall of Shame these "Globalists" creewell loves didn't just modernize us they dismantled us.
    The "Kiwi" Result
    84–90 Douglas Ripped the tariffs off.Wiped out the car plants. Thousands of good blokes out of work.
    90–93 Richardson Cut the floor out. Wealth inequality went through the roof.
    99–08 Clark Painted the ruins. Kept the rot but added a "social veneer" to keep us quiet.
    08–16 Key Sold the ruins.Turned our houses into "speculative poker chips."

    Why 2026 is the "Snap-Back"
    We’ve spent decades borrowing from foreigners to buy flat-screen TVs and imported utes. Now the bill is due.
    Energy Betrayal Closing Marsden Point in '22 was the final nail. We’re 100% dependent on tankers now. If the "Risk Off" switch flips in New York, the pumps go dry or the price doubles overnight.
    The Debt Trap: Our net debt is hitting 48% of GDP. But we aren't spending it on factories; we’re spending $5.1 billion on benefits because nobody has a real job anymore, and $1.1 billion just on the interest to the offshore lenders.
    The Swap Market: The 2-yr and 5-yr swap rates are already climbing toward 4%. It doesn't matter what the Reserve Bank says the global market has smelled the "sovereign risk" on our breath.

    The Bottom Line we sold the farm, we sold the refinery, and we sold the soul of the South Island for a housing bubble and a "free market" that’s about as free as a debt collector's handshake.

    Peter Cresswell’s right about one thing the lack of tariffs didn't make us "efficient," it made us vulnerable. We’re standing in an open drain in 2026, and the "Sovereign Slingshot" is about to crack us right in the teeth.

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  2. Right, finish your pint and listen in Cresswell the "PC" of Not PC? The man’s been a high priest of the Ayn Rand cult for decades, preaching the "Free Market" gospel from his architectural drawing board while the rest of the country watched the foundations fckn rot.

    If you want to pull the rug out from under Cresswell’s 2026 "globalist" nightmare, you don’t need a lecture you just need to look at the fckn wreckage he calls "liberty."
    The "Atlas Shrugged" Delusion
    Cresswells whole shtick is that if you just remove every fckn tariff, every fckn regulation, and every "coercive" tax, New Zealand would turn into a Galt’s Gulch paradise

    The Reality Fckn Check We tried his recipe in the 80s and 90s. We opened the fckn veins. What did we get? We didn't get a nation of "producers" we got a fckn nation of globlist WEF middlemen and speculators aka traitors . While Cresswell was waxing lyrical about "objective law," the fckn NY Boys city of london - WEF were asset fckn stripping our rail, our telecommunications, and our power. the moron and traitor he calls it "efficiency" the rest of us call it fckn vandalism

    The Architecture of a Hollow Nation Cresswell is an architect, right? a CIA brainwashed post modern brainwashed tool well, he designed a national economy with no load bearing fckn walls !

    His View Tariffs are "theft" from the consumer the fckn 2026 result by 2026, because we followed the path he loves, we can’t even refine our own diesel at marsden fckn point. If a trade war kicks off in the South China Sea, Cresswell’s "free trade" means New Zealand tractors stop in the paddock because we traded energy security for slightly cheaper plastic junk at Kmart.

    The "Sovereign Risk" He Ignored Cresswell the tool rants about the "nanny state," but he’s silent on the "Banker State." By cheering for the total financialization of NZ, he helped create a country where household debt is a terminal fckn illness

    The RBNZ is a hostage to the London fckn swap desk but is all above his fckn piss brain head
    He hates government coercion but seems perfectly fine with the coercion of a 5.4% mortgage rate dictated by a trader in a Manhattan skyscraper who couldn't find Hamilton on a fckn map and those interest rate are to 10 percent and more

    The Cresswell vs. Reality Scorecard Feb 2026

    The Cresswell Dream and the 2026 Pub Reality
    "Unfettered Free Trade" 0.45 NZD lead-sinker currency. We have nothing left to trade but the fckn dirt
    "Individual Sovereignty" Total dependence on foreign refined fuel and imported grain
    "No Subsidies" Regional towns like Thames turned into ghost towns when the plants shut.
    "The Virtue of Selfishness" A housing bubble that’s locked two generations out of their own country.

    The Final Blow He's a fckn "Globalist" in a Tui Billboard

    Cresswell talks a big game about New Zealand's "interests," but his philosophy is the ultimate betrayal. He wants a world where borders don't matter which is great for a billionaire with a private jet, but a death sentence for a South Island shearer or a West Coast miner

    He’s not a traitor because he hates New Zealand he’s a traitor because he thinks New Zealand is just a GPS coordinate for global capital to play in. He’d see the last Kiwi factory burned to the fckn ground if it meant the "principle" of the free market stayed intact

    The bottom fckn line in 2026, when the Stone Drop hits and the currency shreds, Peter Cresswell will still be quoting the fountainhead while the rest of us are wondering how to fix a tractor with no parts and no fuel. He didn't build a cathedral he built a ruin and called it "freedom."

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  3. "Not PC" architect of our national ruin in the context of 2026 he is the ideological godfather of the "Great Kiwi Hollow-Out"

    He’s spent decades preaching that the State is the enemy while the very "Free Market" he worships has turned New Zealand into a bank owned fckn parking lot
    The "Current Account" Death Spiral while Cresswell rants about the virtue of selfishness let’s look at the Feb 2026 scorecard for the country he helped deindustrialize.The Deficit our fckn current account deficit is sitting at a staggering $8.37 billion for the last fckn quarter! The fckn reality we aren't just "trading" we are hemorrhaging. we’ve gone from a nation that produced its own clothes and cars to a nation that imports everything from the screws in our walls to the fuel in our tanks
    The Cresswell Betrayal he calls tariffs "theft." I call them a fckn shield. Because we dropped every shield, we now have a 94.6% external debt to gdp ratio ! we are literally a branch office for global lenders ! and cresswell is the one who told us to leave the doors fckn unlocked !
    The "Housing Poker Chip" Economy cresswells objectivist fantasy is all about "property rights." But look at what his unfettered markets did to our homes by 2026 ,household debt kiwis now owe a gut fckn punching $608.7 billion ! that is 1.5 times the size of our entire fckn economy ! The fck trap most of that is mortgage fckn debt ! . we’ve financialized the very dirt we stand on. while Cresswell was busy defending the "right" of developers to build whatever they fckn want, the banks were busy turning every Kiwi family into a debt slave. and sovereign fckn risk with debt at these levels, we are one "risk off" fckn sneeze in new york away from a total fckn wipeout and Cresswells moron solution? "More market, mate!" It’s like prescribing more heroin to a man overdosing in the fckn gutter
    The industrial graveyard take a drive through the Hutt Valley or Thames in 2026 and tell me about the "benefits of efficiency"
    The Car Plants Gone.
    The Textiles Dead.
    The Refineries Marsden Point is a ghost, and as of this month the RBNZ is admitting that "tradables inflation" imported stuff is the only thing keeping prices high.
    The lie: cresswell told us that if we killed our "inefficient" industries, "better" ones would grow. Where are they? We aren't the "Silicon Valley of the South." We’re just a farm with a massive fckn mortgage.
    The 2026 "Not PC" Reality Check
    Cresswell's Ideology The 2026 Brutal Truth
    "Laissez-Faire" 16% Unemployment yes the really fckn numbers ! and a nascent recovery that's actually just debt fckn loading.
    Gold Standard/Hard Money 0.60 NZD and dropping the currency is a fckn lead sinker because we produce nothing
    "Anti-Tariff" 100% dependency on foreign ships for fuel, food processing, and tech.
    "Individualism" $170% Debt to Income ratio. You aren't "individual" you're an asset a debt slave on a Westpac city of london fckn balance sheet

    Peter Cresswell isn't an architect of buildings he's an architect of vulnerability. He designed a house with no roof and told us it was "unrestricted access to the sky."

    In Feb 2026 as the OCR sits at 2.25% but the actual cost of living screams toward the moon, his "philosophy" is revealed for what it is a suicide note for a sovereign nation. He didn't liberate us he disarmed us and handed the keys to the "NY Boys."

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  4. Pull up a chair because we’re moving past the failed architect talk and getting into the real filth of it. you want to see the mask come off?

    If you look at the 2026 wreckage, peter cresswell isn't just a misguided "philosopher" he’s a useful idiot for the very globalist machine he claims to fckn despise. I call him a WEF Communist, and while he’d scream Objectivist until he’s blue in the face, the result is exactly the same the total destruction of the individual in favor of the collective global trough!

    The "Communist" End Game of the Ultra Libertarian

    Cresswell’s "Free Market" is the ultimate Trojan Fckn Horse. By demanding the removal of every border and every tariff, he’s not creating "freedom" he’s created a homogenized global fckn plantation. The WEF parallel Klaus Schwab wants you to "own nothing and be happy." Cresswell wants a world where New Zealand owns nothing no refineries, no factories, no car plants and we’re supposed to be "free" because we can buy a cheap fckn toaster from a mega corp ! The fckn result In Feb 2026 we own nothing our houses are owned by Aussie banks city of london ! , our infrastructure is owned by offshore funds, and our energy is owned by the global supply chain ! . Cresswell didn't give us liberty he gave us fckn vassalage
    The "Jobs Wednesday" scam cresswell and his ilk love to point at reports saying tariffs "kill jobs" by raising the cost of steel or aluminum.
    The fckn lie they focus on the price of the raw material but ignore the death of the fckn nation. the 2026 Reality while they saved a few cents on imported steel, they burned the entire fckn manufacturing base to the fckn ground !

    The Betrayal Manufacturing is down 83,000 jobs. The "real" economy the one that actually makes fckn things shrank by 455,000. Cresswell calls this "creative destruction." In the real world, we call it economic fckn treason !. He’d rather see a Kiwi family starving in a tent than see a "distorted" market where a local factory gets a 10% leg-up !

    The 2026 "Traitor’s Ledger" Cresswell's "Liberty" The Globalist Reality Feb 2026 The "Communist" Outcome
    No Tariffs Domestic industry wiped fckn out. We are 100% dependent on the Global State for fckn survival.
    No Borders Labor prices driven to the fckn floor.The "Race to the Bottom" where Kiwis compete with $2 day fckn wages !
    No State Assets Sold to the NY Boys Globalist Critical infrastructure run for foreign profit, not Kiwi people !.
    "Objectivism" Atomized society. No collective strength to resist the WEF/IMF "Risk Off" fckn squeeze.

    The "NY Boys" and the sovereign slingshot Cresswell rants about "coercion" from Wellington, but he’s the first to bow down to the coercion of the International Swap Markets. In Feb 2026, New Zealand is a small, illiquid fckn puddle. The RBNZ’s 2.25% OCR is a joke because the globalists Cresswell worships have decided our Sovereign Risk is too fckn high !

    He’s a "traitor" because he stripped the country of its armor tariffs and industry right before the global predators moved in for the kill. He’s the guy who tells you to sell your gun because "violence is inefficient, right as the wolves crest the fckn hill.

    The Final Verdict The Architect of the Ruin peter cresswell is the man who designed the fckn cage and told us it was a balcony. He used the language of "Individualism" to sell us out to the most collectivist, globalist, anti-human economic system in fckn history

    By 2026, his "Not PC" rants are just the sound of a man playing the violin while the ship he helped scuttle goes fckn vertical. He isn't defending the Kiwi spirit he's the high priest of its funeral. He’s a globalist operative in a black cape, and the "stench of sovereign risk" is his true legacy.

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  5. Bottom of the glass, mate. If we’re going to bury the Cresswell/WEF/Globalist rot once and for all, we don’t just moan about it we build the Fortress. To save what’s left of this country in 2026, we have to do the exact opposite of every "Objectivist" lie Cresswell ever spat from his post modern shit for brains drafting table. We don't need "unfettered markets" we need a Sovereign Fckn Shield !.

    1. The "Marsden Point" Resurrection Energy Sovereignty
    The globalists want us dependent on foreign tankers so they can flip the "Risk Off" switch and freeze us out.
    The Plan Nationalize the site, bring back the refining hardware, and slap a 50% "Sovereign Security" levy on every drop of imported refined fuel.

    The Resul: We stop being a hostage to the South China Sea trade routes. If the NZD hits 0.45, it won't matter at the pump because we’re refining our own.

    2. The Upper Hutt & Thames Industrial Rebirth
    Cresswell calls tariffs "theft." I call the 83,000 lost manufacturing jobs the real robbery.
    The Plan A flat 25% "Entry Toll" (Tariff) on all imported finished goods that can be made here cars, appliances, textiles.

    The Result Suddenly, those "inefficient" plants in Thames and the Hutt Valley aren't just viable they’re the fckn backbone of the economy. We stop importing "plastic junk" from mega factories and start building a middle class again.

    3. Killing the "Banker State" Financial Sovereignty
    The biggest Cresswell lie is that "Global Capital" is our friend. In 2026, it’s the noose around our fckn neck.
    The Plan Implement Capital Controls. Stop the NY Boys city of london WEF globalists from pulling billions in interest out of our dirt every year. Force the banks to fund Kiwi mortgages from Kiwi savings, not the London swap fckn desks. yes is all above crewels fckn head

    The Result The mortgage rate decouples from the global Sovereign Risk stench. Anna Breman’s OCR might be 2.25%, but under this plan, your mortgage actually stays there because we aren't begging foreigners for the cash. real money vs bs currency

    The 2026 "Fortress NZ" vs The "Cresswell Ruin"
    The Cresswell / WEF "Open Drain" The "Fortress NZ" Shield
    National Debt 94.6% of GDP (Owned by foreigners) Internalized Debt (Owned by Kiwis)
    The Currency 0.60 NZD "Lead Sinker" Regulated Exchange (Value tied to production)
    Manufacturing A "niche" graveyard 25%+ of GDP (The return of the tools)
    Energy 100% Dependent / Vulnerable 100% Self-Sufficient (Marsden Point Active)


    4. The "Food First" Mandate Cresswell’s "Free Trade" means we export our best steak and buy back processed fckn sludge.

    The Plan An Export Tax on raw commodities (milk powder, logs, carcasses). If you want to ship it out, you pay a premium. If you process it here into cheese, furniture, or leather goods, you pay nothing.
    The Result We feed and clothe our own people first, at "Fortress" prices, before the globalists traitors get a single fckn scrap.

    The Final Word on the "Traitor" Peter Cresswell told us that being "efficient" meant being naked. He stripped us of our factories, our fuel, and our pride, and called it "liberty." In 2026, we see the "Galt's Gulch" for what it is a creditor's auction !

    By rebuilding the walls, we don't just fix the economy; we execute the final "Not PC" delusion. We stop being a "GPS coordinate for capital" and start being a nation again.

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  6. Too right. If we're going to put the boots into the Cresswellian nightmare once and for all, we need to strike at the heart of the beast The Aussie Banks. By Feb 2026, these four pillars ANZ, ASB, Westpac, and BNZ have sucked the marrow out of this country !. They’ve taken $608.7 billion in debt and tied it to our housing, while Cresswell stands on the sidelines cheering for "property rights." It’s not property, mate it’s a fckn debt prison.

    Here is the Industrial Credit & Bank Reform Act that would make a globalist's skin crawl and send Cresswell back to his drawing post modern shit board in a cold sweat

    1. The "Productive Pivot" Credit Guidance
    Under the current neoliberal rot, banks lend to housing because it’s "safe" and high margin. It’s criminal usury banking for a hollowed out nation !

    The Law every bank operating in New Zealand must maintain a 1:1 Ratio. For every dollar they lend for a mortgage on an existing house (speculative dirt), they must lend a dollar to a domestic manufacturing, energy, or tech firm at a capped interest rate.

    The Result overnight, the credit taps for the housing bubble dry up, and billions of dollars are forced into building the factories Cresswell said were "inefficient."

    2. Decoupling from the "NY Boys" globalist creweel loves (The Sovereign Funding Shield)
    Currently, "our" banks they are not our banks!! go cap in hand to the global swap markets to fund your debt slave mortgage. That’s why your rates go up even when the RBNZ does nothing is fck fraud !! .

    The Law Mandatory Domestic Funding. Banks must fund 90% of their lending book from New Zealand based deposits and the RBNZ’s own credit facilities.

    The Result We cut the fckn cord. The Manhattan crime family city of london crime family traders can short the NZD to 0.45 all they want; it won't touch the interest rate of a furniture factory in Invercargill or a joinery in Rangiora.

    2026 The Death of john keys the smiling assassins "Speculative Poker Chip"

    The Cresswell / Aussie Bank Model The "Fortress NZ" Credit Model
    Capital Flow To "Suburban Dirt" (Housing) To "Productive Steel" (Industry)
    Interest Rates Dictated by London/NY Swaps Dictated by National Industrial Need
    Bank Profits Shipped to Melbourne/Sydney Reinvested in NZ Infrastructure
    Economic Base Debt-laden Service Workers High-wage Skilled Producers

    3. The "Marsden Point" Industrial Bond
    To fix the energy betrayal, we don't just tax we fckn build.
    The Move The RBNZ issues $10 Billion in Sovereign Industrial Bonds specifically to recommission Marsden Point and build a network of domestic biofuel plants.

    The Cresswell Panic He’ll scream "money printing!" But it’s not printing for consumption it’s investing in survival !. It’s the difference between borrowing for a holiday and borrowing for a tractor. One makes you a pauper the other makes you a fckn producer !.

    The Final Nail Cresswell’s philosophy is a parasite. It requires a healthy, producing nation to host its "free market" experiments until the host is sucked dry. In Feb 2026, the host is dying. The NZD is a lead sinker, the debt is a mountain, and the "globalist" dream is a fckn nightmare.

    By seizing control of the credit, we stop being a debt-colony and start being a fckn fortress ! . We replace the "virtue of selfishness" with the virtue of sovereignty !

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  7. Right, pull the curtain back and look at the "Shopping List of Shame." This is the stuff we currently beg foreigners for paying through the nose in a devalued 0.45 NZD while our own sheds sit empty and our blokes sit on the fckn dole

    Under the Fortress NZ Shield, we don't just "buy" these anymore. We build them. Here’s the South Island’s industrial hit list for 2026 to bury the Cresswellian "import-everything" rot once and for fckn all.

    1. The South Island Industrial Hit List (Import Substitution)

    The "Fortress" Production why it kills the cresswell globalist fckn trap
    Agricultural Machinery High-cost Imports (John Deere/Case) Ashburton / Timaru We stop paying a 40% currency premium just to harvest our own fckn paddocks.
    Heavy Freight Trailers Chinese Imports Invercargill the Deep South Steel Works Uses Tiwai Point energy and local steel to move Kiwi goods on Kiwi wheels.
    Woolen Textiles & Apparel Asian Sweatshops the crewwell slave ship (using our raw wool!) Oamaru / Christchurch No more shipping raw wool offshore just to buy it back as a $300 jacket. We keep the value add.
    Refined Diesel/Bio-fuels Singapore/South Korea Marsden Point (Refined) / Canterbury (Bio) Energy independence. The "NY Boys" who crewwell loves ! can't turn off our tractors.
    Modular Housing Components Imported Prefabs Dunedin / Nelson Using our own timber to build houses that don't cost a million dollars in bank fckn interest !.

    2. The "Tiwai Point" Pivot
    Cresswell and the "free-market" ghouls always wanted to shut Tiwai Point because it wasn't "efficient" on a global spreadsheet.

    The Fortress Plan We don't just keep it we integrate it. Tiwai Point becomes the heart of a "Southern Steel & Alloy" corridor. Instead of exporting raw aluminum ingots for others to make money on, we feed that metal directly into Southland based plants making window frames, irrigation pipes, and transport gear.

    The Fckn Result We stop being a "quarry" and start being a factory.

    3. Ending the "Ghost Town" Regional Policy
    Cresswell’s "efficiency" turned regional NZ into a scenic backdrop for tourists while the locals struggled .The Move Every "Fortress" factory gets a 10 yr tax holiday, provided they employ 100% local labor and invest in apprentice schemes. The Result We drain the "social benefit" blowout ($5.1B) and turn it into productive fckn wages.

    4. Why this "Destroys" the Cresswell Myth
    Peter Cresswell will tell you that a tractor made in Ashburton is "more expensive" than one made in a mega slave factory in China.

    The Counter Punch Is it "cheaper" to buy a foreign tractor with a currency that has lost 30% of its value? Is it "cheaper" to have 16% unemployment and a $600 billion debt mountain moron ?

    The Reality when you factor in the Sovereign Risk, the cost of the dole, and the destruction of the community, the "Free Market" is the most expensive thing New Zealand ever bought .

    The Final Sentence The Wall is Built By 2026, the "Sovereign Slingshot" has snapped. The neoliberal experiment is a smoking crater. Cresswell is still shouting at the clouds about "individual rights," but the individuals he claims to represent are all broke and cold psychopaths his globalist mates aka traitors

    We build the Fortress We protect the border. We fund the factory. We tell the "NY Boys" to take their swap rates and shove em up their fck arse holes . New Zealand becomes a producer again, and the architect of our ruin is left standing in a paddock, clutching a copy of Atlas Shrugged that nobody’s buying because we’re too busy actually working. SH

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