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Donald Trump supporters who attended the president’s inauguration parade at Capital One Arena in downtown D.C. on Monday shared their experiences braving the cold in the nation’s capital.

Trump supporters told Fox News Digital they arrived as early as 4:30 a.m. Monday and stood for hours in the cold weather to secure a seat at the arena for the inaugural parade, noting that the line to get in had already formed by the time they arrived bright and early. Reports indicated that supporters had begun lining up as early as the night before. The parade got moved indoors amid concerns about the cold weather, but one supporter noted that it wasn’t as cold as she had expected. 

‘This morning we got up at 4. We got on the train at 5 [in the morning] and got here, and already the line was forming,’ a supporter who traveled from Texas said. ‘We stayed in the cold weather for five hours.’

‘We got here [Sunday] night, but we stayed closer to the airport just to not fight traffic,’ added Kaitlin Rogers, who traveled from Delaware. ‘Ubered in, got here at what? 6:30 [in the morning]? Stood in line for four and a half hours.’

Gina Raper, a Trump fan from North Carolina, said she arrived as early as Friday to attend Trump’s Sunday rally ahead of the formal swearing-in ceremony and ‘stood out all day in the rain’ to secure a seat there as well.     

‘We were there 5 o’clock yesterday morning and stood out all day in the rain. We got in, it was awesome,’ said Raper. ‘Then we were there at, like, 4:30 or 5 this morning, all day.’

When asked if their experience was worth braving the cold, the answer was a resounding yes. 

‘We’re so thankful,’ Raper said after gaining entrance to Capital One Arena on Saturday. 

‘It wasn’t as cold as we thought it was going to be. It was definitely worth the wait,’ added Andrea Rogers, who was traveling with Kaitlin from Delaware. ‘We are so happy to be here.’

When asked what they hope to see out of the new Trump administration, the supporters who spoke to Fox News Digital highlighted Trump’s plans to secure the border and ‘rebuild’ the military. One supporter said he was hoping to see the new Trump administration challenge the pharmaceutical and food industries, which are priorities of Trump’s nominee for Health and Human Services secretary, Robert F. Kennedy Jr. 

‘Good leaders train good leaders, and he’s got the best team I have ever – well, everybody would agree, everybody in America – this is the best team,’ said Raper.

‘Trump will fix it!’ one supporter said.


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The White House has brought back the famous Diet Coke button so that President Trump can order his drink of choice easily from the Oval Office. 

The red button, which is hidden in a wooden box and was used by Trump during his first term, was again spotted on the Resolute Desk after he was sworn in as the 47th president Monday, the Wall Street Journal reported. 

The Oval Office, where presidents meet with foreign heads of state, congressional leaders and deliver the presidential address, is an area of the White House often personalized to reflect the values and goals of the incoming commander in chief. 

‘We’re going to be going over to the beautiful Oval Office, one of the great offices in history, even if it wasn’t beautiful, it’s the Oval Office, but it is beautiful, and we love the Oval Office,’ Trump said at the Capitol One Arena on Monday following the inauguration ceremony at the Capitol. ‘Wars start and then there. Everything starts and ends at the Oval Office.’ 

Trump has a well-known affinity for Diet Coke and has repeatedly shared that he does not drink alcohol given his brother, Fred Trump Jr., died from complications of alcoholism in the early 1980s. 

On Monday, the Journal noted that a portrait of George Washington was now hanging over the fireplace in the Oval Office, and portraits of Alexander Hamilton and Thomas Jefferson were on each side. 

Biden had removed military flags for each service branch from the Oval Office four years ago, and Trump’s team had them reinstated there on Monday. 



When he was sworn in as president in 2021, Biden had a bust of Winston Churchill removed from the Oval Office. Churchill’s bust was returned on Monday and spotted in the same place it was four years ago on a table near the fireplace. 

Trump and Biden both displayed a bust of Martin Luther King Jr. in the Oval Office, and it remained there Monday at the start of Trump’s second term, according to the Journal. 

The Oval Office also has new silver eagle figures on the fireplace mantel as of Monday. 

Like he had during his first term, Trump again has a portrait of Andrew Jackson in the Oval Office. The one from four years ago was on loan from the U.S. Naval Academy, while the one added on Monday is from the White House art collection, the Journal reported, citing a White House aide. Trump has resonated with Jackson, whose populist, anti-establishment movement landed him in the White House despite critics of the time. 

Trump kept Biden’s addition of a Benjamin Franklin portrait, which the Democrat initially chose to represent a focus on science. 


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Britain’s head of state King Charles III sent a personal message of congratulations to President Trump on his inauguration, Buckingham Palace has confirmed.

The message reflected the ‘enduring special relationship between the U.K. and the U.S.,’ a spokesperson for Buckingham Palace told Fox News Digital.

The letter was delivered as Trump was sworn in for a second term as commander-in-chief at the Capitol Rotunda on Monday, capping a remarkable return to office.

Further details about the contents of the message have yet to be revealed. 

It’s not the first time the monarch has written to Trump. King Charles also wrote to the president in July in the aftermath of the failed assassination attempt on his life in Butler, Pennsylvania.

Trump has often spoke about his strong admiration for the monarchy and previously referred to King Charles as ‘a wonderful guy.’

During his state visit to the U.K. in 2019, President Trump said he had an ‘automatic chemistry’ with Queen Elizabeth II and described her as a ‘spectacular woman.’

Trump and Charles are no strangers – the two leaders have met several times over the years.

They first crossed paths in 2005, when Charles and Queen Camilla visited the U.S. They met again at President George H.W. Bush’s funeral in 2018.

In 2019, the two met to discuss climate change, and a meeting that was scheduled to last 15 minutes lasted an hour and a half, according to comments Trump made at the time. He added then that Charles, a longtime environmentalist, ‘did most of the talking.’

Following the visit, Clarence House said Trump and Charles have a ‘good working relationship.’

It is unclear if President Trump will be invited back to the U.K. for a state visit during his second term. The Telegraph reported last month that any such visit would be unlikely to happen until at least 2026, given the schedule of King Charles.

King Charles and Queen Camilla may receive an invitation to Washington, D.C., next year to attend the 250th anniversary of the signing of the Declaration of Independence.

King Charles has made the acquaintance of 10 of the 14 U.S. presidents who have held office since he was born in 1948, according to the Associated Press.

He was just 10 when he checked off his first president in 1959. That was when Dwight Eisenhower visited Queen Elizabeth II and her family at Balmoral Castle in Scotland, where she died on Sept. 8, 2022, after a 70-year reign. Charles then ascended the throne after the queen’s passing.

Charles never met Harry Truman, Gerald Ford, Lyndon Johnson and John F. Kennedy.

Last month, President Trump and Prince William shook hands at the re-opening ceremony of Notre Dame Cathedral in Paris and afterward held a sit-down meeting at the British Embassy. 

Trump and William also separately met with world leaders at Notre Dame, including French President Emmanuel Macron and Ukrainian President Volodymyr Zelenskyy. 

Meanwhile, U.K. Prime Minister Keir Starmer posted a video message of congratulations to President Trump on Monday. He spoke about the deep ties both nations share and said he looked forward to taking ‘our partnership to the next level.’

‘For centuries, the relationship between our two nations has been one of collaboration, cooperation and enduring partnership. It is a uniquely close bond,’ Starmer, who met President Trump in September, said. 

‘Together we have defended the world from tyranny and worked towards our mutual security and prosperity.’ 

Fox News’ Emily Trainham and Brie Stimson, as well as The Associated Press, contributed to this report. 


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GS2425 Significant Mineralization to Depth West of Willow

  • 2.72 g/t Au over 139.9 metres from 401.4 metres
  • Including 3 metres of 44.7 g/t Au and 2.7 metres grading 59.5 g/t Au

GS2426 – Higher grade within the south-southwest trend

  • 1.93 g/t Au over 105 metres
  • Including 1.2 metres grading 44.1 g/t Au and 1.4 metres of 65.9 g/t Au

VANCOUVER, BC , Jan. 21, 2025 /CNW/ – Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) (‘Freegold’ or the ‘Company’) is pleased to announce additional assay results from its 2024 drilling program. A total of 41 holes were completed, totalling 25,708 meters. Assays have now been reported for 29 of the 41 holes completed.

Freegold Ventures Limited logo (CNW Group/Freegold Ventures Limited)

The program’s results continue to showcase the strong potential of the Golden Summit Project, highlighted by significant mineralization intercepted across broad areas. 2024 was pivotal, marked by a major resource update in September that increased both the total number of resource ounces and improved the overall resource grade. The 2024 drilling program was strategically designed to expand mineralization to the west, a decision aimed at enhancing the project’s resource base and economic viability. Additionally, the program included drilling specific metallurgical holes to conduct comprehensive metallurgical tests for optimizing the flowsheet design. These results will enable the Company to proceed with economic studies, including trade-off analyses of capital expenditures (CAPEX) and operating expenses (OPEX) in relation to gold recoveries, with the goal of maximizing economic returns.

Western Expansion Zone – West of Willow Creek (WOW Zone)

Twenty-six holes were drilled in the WOW Zone to investigate multiple gold anomalies in soils. The soil anomaly extends 1.5 kilometres west of the existing resource. The current and planned programs aim to increase the overall grade of the resource to enhance future economic returns. This anomaly could expand the project’s resource base and influence its future economic potential. The 2025 program will focus on testing the depth extent of the higher-grade zones discovered during the 2024 program and further exploring the mineralization to the west in the WOW Zone. An updated mineral resource will be completed upon receiving the final assay results from 2024, followed by the initiation of a pre-feasibility study.

Hole

Depth

Dip

Azimuth

From

To

Interval

Au

Number

(m)

(m)

(m)

g/t

GS2423

645.3

-89

0

57

100.9

43.9

0.76

195.7

270.4

74.7

0.62

340.5

361.8

21.3

1.63

391.4

543.8

152.4

0.84

including

508.1

543.8

35.7

1.47

GS2424

653

-85

67

388.1

412.9

24.8

1.28

488

503

15

0.80

551

578

27

0.72

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization.

Hole GS2423, situated west of Willow Creek , is aligned within the southwest geochemical trend. It has intersected mineralization that not only exceeds resource grade from near the surface but also demonstrates substantial mineralization at depth, with an intersection of 1.47 g/t Au over 35.7 meters at 508.1 meters. In the WOW Zone, the orientation of the mineralization appears to change west of 478400E as such GS2424 has effectively intercepted the downdip extent of the north-dipping mineralization.

Hole

Depth

Dip

Azimuth

From

To

Interval

Au

Number

(m)

(m)

(m)

g/t

GS2425

691.9

-90

0

44.2

81.4

37.2

0.61

108.8

166.7

57.9

0.80

194.2

212.4

18.2

1.41

311.2

340.5

29.3

0.72

401.4

541.3

139.9

2.72

including

514.2

541.3

27.1

11.6

including

514.2

517.2

3

44.7

including

520.3

523

2.7

59.5

572.1

585.5

13.4

5.26

including

572.1

575.2

3.1

18.2

611.7

647.7

36

0.89

Hole

Depth

Dip

Azimuth

From

To

Interval

Au

Number

(m)

(m)

(m)

g/t

GS2426

627

-86

360

117.3

129.6

12.3

0.96

343.8

359

15.2

1.02

405

510

105

1.93

including

481.8

483

1.2

44.1

including

502.6

504

1.4

65.9

609

627

18

2.03

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

GS2425 was a vertical hole that successfully extended mineralization to depth, intersecting several zones with grades exceeding 1 g/t Au. The most significant intercept was 2.72 g/t Au over 139.9 meters, starting from a depth of 401.4 meters. This included a notable section of 11.6 g/t Au over 27.1 meters, which featured 3 metres of 44.7 g/t Au and another 2.7 metres at 59.5 g/t Au. Additionally, a further zone of 5.26 g/t Au over 13.4 metres was encountered, including 3.1 metres at 18.2 g/t Au. The hole was terminated prematurely, and this zone represents an excellent follow-up opportunity for the 2025 program.

GS2426 was a near vertical at -86 and again demonstrates the potential for higher grade at depth intersecting 1.93 g/t Au over 105 metres from 405 metres, including 44.1 g/t Au over 1.2 metres and 65.9 g/t Au over 1.4 metres. The hole bottomed in 18 metres grading 2.03 g/t Au.

Hole

Depth

Dip

Azimuth

From

To

Interval

Au

Number

(m)

(m)

(m)

g/t

GS2427

690.4

-65

360

228.9

474.6

245.7

1.07

including

386.2

389.2

3

23.3

558.7

638.6

79.9

0.95

GS2428

539

-85

83

157.6

188

30.4

0.61

328.4

340

11.6

1.57

409.4

419.7

10.3

0.80

476

531.9

55.9

1.14

GS2429

587

-85

294

433.7

487.7

54

0.85

The width refers to drill hole intercepts; true width cannot be determined due to the uncertain geometry of mineralization

GS2427 was drilled to the north immediately to the west of Willow Creek , where the mineralization continues to dip to the south. It intersected 1.07 g/t Au over 245.7 metres starting from 228.9 metres, including 3 metres of 23.3 g/t Au.

Hole GS2428 was the furthest west hole drilled in 2024. Drilled vertically along the south-southwest trend aligned with the historic Newsboy Mine and along trend of the higher grade Tolovana Zone. The hole again demonstrates the potential for higher grade at depth, intersecting 1.14 g/t Au over 55.9 metres starting from 476 metres. This is the only hole drilled on that section to date, and the up-dip extent remains to be tested. The hole intersected intermittent tonalite intrusive in the upper portion from 47 metres to 147 metres.

GS2429, another near vertical hole drilled on the southwesterly trend, again demonstrates the significant potential for higher grade at depth within the WOW zone. The hole was terminated prematurely, and a follow-up holes will be drilled to test the depth extent of this higher-grade zone in 2025.

Drilling was completed in early December, and assays are from 12 holes are still pending. The results from the 2024 drilling program will be incorporated into an updated mineral resource estimate set to be released later this year as part of Freegold’s efforts to advance the project toward pre-feasibility. Maps showing the locations of drill holes and cross-sections can be found here.

https://freegoldventures.com/site/assets/files/6287/newsrelease_january2025_478450e_section.pdf

https://freegoldventures.com/site/assets/files/6287/newsrelease_january2025_478650e_section.pdf

https://freegoldventures.com/site/assets/files/6287/goldensummit_january2025_plan_map.pdf

In addition to the drill program, Freegold Ventures Limited is conducting comprehensive metallurgical, baseline environmental, cultural resource, and wetland studies. These studies are integral to our exploration efforts, providing a thorough understanding of the project’s potential and ensuring responsible resource development.

A sample quality control/quality assurance program has been in place throughout the program. Drill cores were cut in half using a diamond saw and one-half placed in sealed bags for preparation and subsequent geochemical analysis by ALS Laboratories. Core samples were prepared in ALS’s facility using the PREP-31BY package. Each core sample is crushed to better than 70 %, passing a 2 mm (Tyler 9 mesh, US Std. No.10) screen. A split of 1kg is taken and pulverized to better than 85 % passing a 75-micron (Tyler 200 mesh, US Std. No. 200) screen; a portion of this pulverized split is digested by Four Acid and analyzed via ICP-AES (method code ME-ICP61). Fire Assay analyzes all samples with an AAS finish, using method code Au-AA23 (30g sample size) and over 10 g/t, which are automatically assayed using an FA Grav method, Au-GRAV21. Additional Au screening is performed using ALS’s Au- SCR24 method; select samples are dry-screened to 100 microns. A duplicate 50g fire assay is conducted on the fine fraction, and an assay is conducted on the entire oversize fraction. Total Au content, individual assays, and weight fractions are reported. Analytical and assay procedures are conducted in ALS’s North Vancouver and Reno facilities.

A QA/QC program included laboratory and field standards inserted every ten samples. Blanks are inserted at the start of the submittal, and at least one blank every 25 standards.

The Qualified Person for this release is Alvin Jackson , P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited  
Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 2023 , filed under Freegold’s profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold’s operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect   on Freegold’s business, results of operations, and financial condition.

SOURCE Freegold Ventures Limited

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/21/c1077.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Oscar Wilde famously said there are two tragedies in life: not getting what you want, and getting it.

Wilde, who was famous for his clever use of paradox, possessed a knack for revealing truth (or kernels of truth) in absurd contradiction. The quip above, which comes from his 1892 play Lady Windermere’s Fan, is a good example.

While the line might sound nonsensical to some, it contains a truth related to one of the most important ideas in economics: opportunity cost.

Wilde’s quote sprang to mind while I was thinking about a friend, a very successful person who until recently led a Fortune 500 company. His story is a familiar one, though one achieved by relatively few. 

The American Dream

In the 1990s, after graduating college, my friend joined a shipping company. Year after year he rose higher, and the company grew rapidly. Eventually he became an executive, then he became CEO. He earned millions of dollars every year, traveled around the world, and gave talks to rooms packed full of business leaders. He had achieved the American Dream.

During this time, my friend would have described himself as fulfilled and happy. Yet the work was also taxing. He was away from home a lot, which meant being away from his wife and two children. He had a cabin in the north woods, but rarely had time to use it. He missed family events, including birthday parties and weddings. He never seemed to have time to exercise, to volunteer, or go to the movies with his children.

Then something happened: COVID arrived. Not long afterwards my friend and the company at which he had spent his entire career decided to part ways. (The reasons for this are unknown to me and don’t really matter.)

Losing a dream job would be devastating for many people, and perhaps it was for my friend. But if it was, you never would have known it. 

He threw himself into a new life of routine and responsibility. He volunteered on boards of youth organizations. He coached his son’s football team. He attended his daughter’s dance recitals and drove carloads of high schoolers to prom. Twice a week he’d drive a carload of grapplers to practice.

To say these things made my friend happier and more fulfilled is not the point, though I think he did become happier and more fulfilled. The real point is that those around him blossomed in ways that are difficult to overstate.

The organizations on which he served he vastly improved, and his family thrived in ways anyone could see. In particular, I watched his son grow — as a leader, athlete, and person.

None of these changes would have happened, I suspect, had my friend still been working 75 hours a week.

‘Everything Has a Cost’

I bring my friend’s story up not to say we shouldn’t pursue our dream jobs, but to demonstrate that even the dreams we achieve come with costs. 

As Richard Lorence recently pointed out, economics, above all else, teaches one fundamental fact: everything has a cost. “Every decision you make, as an individual, business leader, policy maker, or government official, sets you on a path that opens some opportunities and closes others.”

This idea is known in economics as opportunity cost, and it describes the loss of potential gain from other alternatives when a different one is chosen.

We often think about opportunity costs in terms of money. If I spend $5,000 on a Super Bowl ticket, I can’t spend that $5,000 to pay down my house. If I spend $10 on an IPA at a bar and grill, I can’t spend that same $10 on the cheese curds. 

Opportunity costs, of course, go far beyond money. Every choice we make comes with a cost. Even now, as I write this article, I’m aware that I’m not preparing for a meeting I have this afternoon. That I’m not yet reviewing the articles queuing up in the submissions pipeline. 

This shouldn’t be alarming, however. It’s basic economics. 

“There are no solutions,” Thomas Sowell famously observed, “only trade-offs.”

To go back to Wilde’s quip, one could argue there is a certain tragedy in this. We cannot have it all. As soon as we achieve our dream, we’re losing something else. 

Yet I don’t see this as a tragedy. It’s simply reality. And by better understanding opportunity cost and trade offs, we can hopefully make better choices — though only individuals can determine if one thing is better than another. 

This brings me back to my friend. I sometimes wonder if he would choose to have his dream job back if he could, knowing today what it would cost him. 

I don’t know the answer, but I think he’d say, “Not in a million years.”

Conservative/libertarian political activist Ned Ryun (son of former Kansas congressman and Olympian runner Jim Ryun) authored a well-researched and insightful book, American Leviathan, published September last year on the origins and growth of America’s unconstitutional and progressive administrative state. This is an excellent read on the historical devolution of the United States from a constitutional republic to a progressive authoritarian state. It provides an historical account not likely to be found in any mainstream high school or college American history books. 

Ryun’s book explains that the progressive political movement in the United States began in the 1880s, a movement completely antithetical to the fundamental principles of personal liberty framed in the US Constitution. Ryun labels this movement as “progressive statism,” which, in practical terms, is another name for socialism. The movement had its intellectual origins emanating from Europe, particularly German philosopher Georg Hegel (1770-1831). American progressives studying in Germany in the latter part of the 19th century embraced Hegel’s ideas and imported them to America. 

Ryun writes that Hegel is best known for creating the philosophy of “historicism,” which is the belief that all philosophy is a product of the spirit of the time, that there is no transcendental truth, that truth is relative to a particular time in history, and that the whole of human history is a continual march from irrational to rational thought, leading to continual human progress. But such human progress can only be derived from the state, not from free individuals.

Ryun references a book by Karl Popper, The Open Society and Its Enemies, 1966, in his discussion on Hegel, in which Popper quotes Hegel’s writing:

‘The freedom of thought, and science, can originate only in the state’ and, if faced with subversive opinions, ‘The state must protect objective truth… the state has, in general… to make up its own mind what is to be considered objective truth.’”’ In the same book, Popper refers to Hegel as the ‘father of modern historicism and totalitarianism.’

Hegel’s philosophical views were in direct conflict with those of America’s Founding Fathers and the original intent of the US Constitution to protect individual liberty.

An important propagator of progressive statism (i.e. socialism) in the late 1800s and early 1900s was John Burgess, a law professor at Columbia Law School from 1876 to 1912. Burgess was a strong advocate of Hegel’s ideas and was considered by many as the founder of American political science. Ryun writes that Burgess influenced thousands upon thousands of law and political science students.

Ryun identifies the “Four Horsemen of the Progressive Apocalypse” who heavily influenced American politics at the turn of the 20th century as proponents of progressive statism: (1) Robert La Follette, a Republican politician from Wisconsin; (2) Herbert Croly, an influential progressive political writer; (3) Teddy Roosevelt, 26th president of the United States (1901-1909); and (4) Woodrow Wilson, 28th president of the United States (1913-1921).

Theodore Roosevelt has been lauded by many historians over the years as a great American president, in large part due to his leadership in orchestrating the construction of the Panama Canal (started in 1904, completed in 1914) as well as his reputation as the “trust buster” of breaking up corporate monopolies. However, Roosevelt was an outspoken advocate for a stronger executive branch with new oversight authorities and the redistribution of wealth. In 1903, he signed into law the creation of the Department of Commerce and Labor (later split into the Department of Commerce and the Department of Labor in 1913), which included a new regulatory agency, the Bureau of Corporations (later renamed the Federal Trade Commission in 1915). In 1908, Roosevelt created a new federal law enforcement agency, the Federal Bureau of Investigation (FBI) by executive order.

Ryun writes that after Roosevelt left the presidency in 1909, he elevated his support of progressive statism (i.e. socialism), including his advocacy of a graduated income tax and an estate tax – both of which came to fruition during the Woodrow Wilson presidency. 

In August 1910, Roosevelt gave his “New Nationalism” speech in Osawatomie, Kansas, that left no doubt he sought to be the national leader of the progressive statist movement. In his speech, he dismissed the Founding Fathers’ ideas on individual rights, especially property rights. Ryun quotes Roosevelt as saying, “…every man holds his property subject to the general right of the community to regulate its use to whatever degree the public welfare may require it… We should permit it (property) to be gained only so long as the gaining represents benefit to the community.” This quote is in alignment with any of today’s prominent American advocates of socialism.

Ryun explains that progressive statism had arrived as the predominant, mainstream political force in the United States during the presidential election year of 1912. It was this year that every political party and presidential candidate accepted, at least at some level, the administrative state as the governing framework of the nation. The presidential election featured four candidates: Democrat Party candidate Woodrow Wilson, incumbent Republican president William Howard Taft, Progressive Party candidate Theodore Roosevelt, and Socialist Party candidate Eugene Debs. Wilson, Roosevelt, and Debs all fully embraced a progressive statist agenda.

Roosevelt’s departure from the Republican Party and launching of the new Progressive Party in the summer of 1912 badly split a potential Republican vote, a fatal blow to Taft’s reelection campaign, resulting in an easy election victory for Democrat Wilson. The progressive statists were in strong control of the American political agenda for the following eight years during Wilson’s two-term presidency.

Wilson, also influenced by the ideas of Hegel, was a proponent of a powerful administrative state many years before he was elected president. He studied and wrote extensively on the workings of the federal government at Johns Hopkins University where he earned a PhD in history and government. He subsequently served as a professor of political economy at Princeton University and eventually became its president, from 1900 to 1910. Wilson’s writings and speeches revealed his belief in establishing a bureaucracy of educated experts, detached from politics, to run the government. This is contrary to the principles of a representative government.  

Two of the most consequential legislative acts in US history were signed into law during Wilson’s first year in office: (1) The Revenue Act of 1913, which established a graduated income tax that Wilson, Roosevelt, and other progressive statists had been advocating for years; and (2) the Federal Reserve Act of 1913, establishing the Federal Reserve System. Both acts have contributed greatly to the growth of the administrative state, the American Leviathan, since then.

Ryun summarizes the growth of the progressive administrative state at the expense of America’s constitutional representative government as follows:

1895-1920: The first wave of progressive statism that developed and established an unelected federal bureaucracy within the executive branch.

1932-1945: The second wave of progressive statism during FDR’s “New Deal” presidency.

1963-1969: The third wave of progressive statism during LBJ’s “Great Society” presidency.

Over the above time periods, governing power was slowly but surely transferred from elected representatives in Congress to unelected and unaccountable federal bureaucrats. 

Ryun states that our elected members of Congress have gradually abdicated their roles as the stewards and guardians of the American people’s money and interests to being nothing more than middlemen allocating taxpayer money from the American people to fund the state to advance the state.

Ryun references a book by John Marini, Unmasking the Administrative State, 2019, in which Marini writes that “Congress lost the will to legislate and became facilitators of the administrative state” after LBJ’s Great Society legislation was enacted. Marini derives this conclusion based on Congress passing more regulatory legislation from 1968 to 1978 than it had done in the entire previous history of the nation.  

The American Leviathan now comprises approximately 440 federal government bodies with over 2.3 million federal civilian employees, 1.3 million active-duty military personnel, over 500,000 US postal service workers, and over 4 million federal government contractors.

One obvious result of America’s march to an ever larger and more powerful progressive administrative state over the past century is a current national debt of almost $37 trillion and projected to reach $57 trillion by the year 2034. Relative to America’s Gross National Product (GDP), the national debt is now 123 percent of GDP – a record high. And the national debt does not even include the long-term unfunded payment obligations of the federal government comprising Social Security, Medicare, Medicaid, and federal pensions – an amount that ranges from $80 trillion to over $150 trillion depending on timeline and other assumptions.

Over the past 40 years, the administrative state was further strengthened by a 1984 Supreme Court, Chevron USA, Inc v. Natural Resources Defense Council, Inc. In this case, the Supreme Court ruled that any ambiguity in laws passed by Congress should be deferred to federal agencies for interpretation. Thus, in any legal challenges to laws, courts deferred to the relevant federal agencies for a determination on how the law should be interpreted and applied. This became known as the Chevron Doctrine and gave federal agencies even more administrative power in applying regulations.

Fortunately, the Supreme Court overturned the Chevron Doctrine last year with two related cases, Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Department of Commerce. It remains to be seen how the Supreme Court’s ruling on these two cases will affect the regulatory decisions of federal agencies, but they could prove to be watershed rulings in lessening the regulatory power of federal agencies and returning that power to Congress.  

In order to reverse course and dismantle America’s administrative state, i.e. “Drain the Swamp,” Ryun outlines several recommended actions that are now be possible under the new reform-minded Trump administration with the help of its new private sector Department of Government Efficiency, aka DOGE, led by Elon Musk and Vivek Ramaswamy:

Reductions in Force: A presidential executive order could direct all cabinet secretaries and agency heads to engage in a reorganization of their agencies, identify which positions are essential and which should be abolished, and then legally abolish thousands of positions in each federal agency. Other means to reduce the bloated federal government workforce include voluntary separation incentive payments, voluntary early retirement packages, and job reassignments from Washington, DC to remote locations.

Reimpose “Schedule F” Positions: On October 21, 2020, President Trump signed executive order 13957 to create a new federal government employment category, Schedule F. The purpose was to reclassify all federal civilian employees working in confidential, policy-determining, policy-making, or policy-advocating positions into a new “at will” employment category to give federal agency heads to ability to hire and fire such employees at will. President Biden revoked President Trump’s executive order just two days after taking office on January 22, 2021, but President Trump will likely issue a new executive order after he takes office again to reissue an executive order to reimpose Schedule F.

The above suggestions are only a small sampling of many other actions that should be taken to reverse the long trend of America’s progressive statist movement, and return it to the constitutional republic of liberty as envisioned by the Founding Fathers.

President Donald Trump’s second inaugural address was a policy-oriented message ‘of hope and unity,’ experts said.  

Kevin Roberts, president of the conservative Heritage Foundation think tank, called Trump’s address ‘substantive’ when it came to outlining the president’s agenda for the next four years. 

‘Trump was policy-specific from beginning to end,’ Roberts said. ‘And I think that that’s something that’s going to be remembered as a distinguishing characteristic of the speech, because people, Americans waking up tomorrow watching the news, reading the news, will remember that Trump articulated a playbook.’

‘The golden Age of America begins right now,’ Trump said as he delivered his inaugural address on Capitol Hill Monday.

‘From this day forward, our country will flourish and be respected again all over the world,’ he continued. ‘We will be the envy of every nation, and we will not allow ourselves to be taken advantage of any longer. During every single day of the Trump administration, I will very simply put America first.’

Trump notably bashed ‘the vicious, violent and unfair weaponization of the Justice Department’ as well as the Biden-Harris administration’s handling of both foreign and domestic issues while both the former president and vice president looked on. Trump specifically noted the North Carolina hurricane disasters and the recent wildfires ravaging Southern California. 

‘We have a government that has given unlimited funding to the defense of foreign borders but refuses to defend American borders or, more importantly, its own people,’ Trump said.

Trump’s policy-specific speech was ‘very important right now because of all of the policy failures of the Biden-Harris regime,’ Roberts told Fox News Digital on Monday. ‘And I know from the kind of work that Heritage does, not just in D.C. but in states around the country, that Trump’s base and a lot of the independent voters who voted for him this time around [were] looking for a policy plan, and he articulated it.’

‘President Trump has officially kicked off a new chapter for America,’ Jessica Anderson, president of the conservative super PAC Sentinel Action Fund, told Fox News Digital on Monday. ‘His speech was one of hope and unity as he set the tone for the next four years of prosperity, security and strength.’

Both Roberts and Anderson noted that Trump’s address also was a turning point in definitively announcing that a new administration was taking over the White House. 

‘As President Trump made clear, he is not going to waste any time getting to work for the American people, and he has already teed up dozens of executive orders on everything from securing the border to properly defining gender,’ Anderson said. 

‘It was not gratuitous in his criticism of his political opponents,’ Roberts said. ‘But you didn’t have to do much reading between the lines to understand that the sheriff is back in town. He’s going to take this country back.’

Trump’s speech also emphasized his top priority in making America ‘a nation that is proud, prosperous and free,’ echoing sentiments of the New Frontier theme. 

‘We are one people, one family and one glorious nation under God,’ Trump said. ‘So to every parent who dreams for their child and every child who dreams for their future, I am with you. I will fight for you and I will win for you. We are going to win like never before.’ 

Roberts said, ‘I think Trump put his finger on something that’s, right now, going to be an underappreciated part of his legacy, and that is a president of American innovation.’

‘In other words, making America great again is bringing American manufacturing and economic vitality back to a level where the innovation is so tremendous you can’t even comprehend as you sit here what it’s going to be.’

Roberts said such an invocation of the ‘real spirit of America’ in Trump’s speech indicated ‘bringing American manufacturing and economic vitality back’ during his second administration, which was a theme that Roberts said both Ronald Reagan and John F. Kennedy incorporated into their own inaugural addresses.


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President Trump was inaugurated for a second time on Monday. 

The inauguration kicked off the day on a historic note, with the ceremony moved indoors due to freezing temperatures. Notable moments played out throughout the day, including Trump’s fiery speech shortly after being sworn in, to an audio mishap that inadvertently turned into a collaborative singing effort. 

Here are the top five moments from Trump’s second inauguration. 

Trump ushers in

Trump ushers in ‘Golden Age of America,’ bashes Biden-Harris admin in inaugural speech 

‘The golden Age of America begins right now,’ Trump said shortly after being sworn in. ‘From this day forward, our country will flourish and be respected again all over the world.’

Trump started out his first speech officially as president by saying the U.S. would now be ‘the envy of every nation, and we will not allow ourselves to be taken advantage of any longer.’

The president assailed the Biden-Harris administration as the former president and vice president looked on. Trump specifically slammed the ‘vicious, violent, and unfair weaponization of the Justice Department and our government’ and said the country has been operating under ‘a radical and corrupt establishment.’

‘While the pillars of our society lay broken and seemingly in complete disrepair, we now have a government that cannot manage even a simple crisis at home,’ Trump said.

Trump criticized the Biden administration’s handling of various national disasters, including hurricane damage in North Carolina and recent wildfires in California. 

‘Jan. 20th, 2025, is Liberation Day,’ Trump said. ‘It is my hope that our recent presidential election will be remembered as the greatest and most consequential election in the history of our country.’

Biden

President Donald Trump and his wife, First Lady Melania Trump, did their first dance together as POTUS and FLOTUS Monday night at the Commander-in-Chief Inaugural Ball at the Walter E. Washington Convention Center in Washington, D.C. The dance featured a nifty spin move by the President.

First lady Melania Trump donned a white, strapless gown with black detailing following a full day of inauguration festivities. She coupled the dress with a black choker.

The ball is one of two others that Trump made an appearance in: the Liberty Ball and Starlight Ball.

Vice President J.D. Vance and his wife, Usha, also joined Trump and Melania onstage for a quick dance, before they exchanged partners with military servicemembers.

From the best to worst dressed: Melania Trump, Sen. John Fetterman draw eyes over fashion choices 

First lady Melania Trump donned a weather-appropriate outfit for her husband’s second inaugural ceremony. Melania was pictured wearing a custom Adam Lippes double-breasted navy coat with a matching boater hat designed by Eric Javits while on her way to a service at St. John’s Church on Inauguration Day, according to Page Six. 

Social media users flocked to X, formerly Twitter, to post compliments on the first lady’s inaugural getup, with many saying she looked ‘elegant’ and ‘classy.’

Pennsylvania Sen. John Fetterman, on the other hand, had a slightly more warmer-weather-style outfit for the inauguration ceremony. Fetterman was seen sporting gray gym shorts, a dark hoodie and sneakers as he arrived at Capitol Hill.

The senator’s attire also drew attention given the chilly temperatures on Monday. Trump’s second inauguration notably marked the coldest presidential inauguration ceremony in more than 40 years.

Trump attempts to kiss Melania as he enters swearing-in ceremony

Trump’s awkward kiss attempt with Melania 

Trump tried to kiss Melania shortly before his swearing-in after initially entering the Capitol Rotunda, leading to an awkward air-kiss encounter. 

Trump and Melania were surrounded by former presidents and their wives along with Cabinet nominees, foreign dignitaries and other high-profile guests upon entering the building. Trump leaned in to give Melania a kiss on the cheek when Melania’s hat got in the way.

They ultimately settled on an air kiss.

Underwood performs

Carrie Underwood sings a cappella following music mishap

Country singer Carrie Underwood showed she was a true professional during her rendition of ‘America the Beautiful’ after a hiccup with the music. 

Underwood was welcomed with a round of applause as she was introduced. Once on stage, Underwood patiently waited for the instrumentals to start, which ultimately never came.

‘If you know the words, help me out here,’ she finally said before launching into an a cappella version of the song.

Members of the audience, including the former president and vice president, joined in singing the song.

Underwood wrapped up her performance by shaking Biden’s hand and sharing a moment with Trump and Vice President Vance before leaving the room.


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Days after the release of $ TRUMP, US President Donald Trump’s meme cryptocurrency, his wife First Lady Melania Trump has launched $MELANIA, her own digital token.

The back-to-back launches highlight growing political engagement with the cryptocurrency space, further fueled by Donald Trump’s evolving stance on digital assets.

Melania Trump announced her token, $MELANIA, via social media on Sunday (January 19), stating, “The Official Melania Meme is live! You can buy $MELANIA now.”

$MELANIA is a ‘fungible crypto asset’ created and tracked on the Solana blockchain. As mentioned, it was announced shortly after Donald Trump introduced $TRUMP on Truth Social.

Both coins have garnered significant attention in the cryptocurrency market, with Reuters reporting that $TRUMP achieved a market capitalization of over US$10 billion within days of its launch. Trading volume for the coin reached nearly US$40 billion in 24 hours, showcasing the speculative interest surrounding the asset.

A meme coin is a cryptocurrency derived from internet trends and memes, typically lacking practical utility and prone to significant price volatility. For example, a coin launched last month by Haliey Welch, known as the “Hawk Tuah girl” after her viral video discussing oral sex, experienced a sharp decline in value, dropping 95 percent from a US$500 million market capitalization to US$25 million shortly after its debut.

Traders often liken meme coins to ‘pure gambling’ or ‘purchasing a lottery ticket.’

Trump’s shifting stance on cryptocurrencies

Donald Trump’s entry into the cryptocurrency world marks a dramatic shift from his previous skepticism.

Once dismissing cryptocurrencies as a “scam,” the president has since adopted a more favorable stance.

In fact, his latest presidential campaign became the first in US history to accept cryptocurrency donations, facilitated through Coinbase Commerce. This has helped push cryptocurrencies into the spotlight.

The president has also proposed a US Bitcoin reserve, aiming to position the nation as a leader in digital finance.

Global conversations on Bitcoin reserves

The launch of the Trump coins coincides with a growing global conversation about Bitcoin as a strategic asset.

Governments and central banks, including those in Switzerland, Germany and Brazil, are exploring Bitcoin’s potential role in national reserves. Under Trump’s leadership, the US has joined the debate — ahead of his return to office, his administration has advocated for Bitcoin to be made a reserve asset.

Legislative actions and plans have already materialized to support cryptocurrency reserves for national adoption, with some US states joining the fray as well.

Meanwhile, in Switzerland, the Swiss National Bank is evaluating the inclusion of Bitcoin in its reserves alongside gold, with discussions of a public referendum to decide the matter.

In Germany, former Finance Minister Christian Lindner has proposed that the European Central Bank and Bundesbank reduce reliance on the US dollar by incorporating Bitcoin.

For its part, Brazil has introduced the Sovereign Strategic Bitcoin Reserve (RESBit), aiming to allocate a portion of its reserves to Bitcoin. Meanwhile, Russia has also embraced digital currencies as a means to bypass western sanctions, with companies using domestically mined Bitcoin for international trade.

Experts warn of meme coin volatility

While the launches of $TRUMP and $MELANIA have generated excitement, concerns remain about the speculative nature of meme coins. Analysts warn that such assets are prone to volatility and large price fluctuations.

In addition, the blending of cryptocurrencies into the political arena has raised questions about the implications for governance and regulation. Critics argue that these developments blur the lines between politics, profit and influence, calling for greater oversight.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Andrew O’Donnell, founder of the Market Mindset, discussed the sectors he’s bullish on in 2025, mentioning gold and silver, as well as uranium. He also shared his thoughts on what it will take to bring generalist investors back into the mining sector.

For O’Donnell, cryptocurrency enthusiasm makes it clear that people are willing to put money into high-risk, high-reward sectors — the question is how the resource industry can attract more of this capital.

For the time being, O’Donnell believes it’s important for investors to be selective.

‘I think this year could be a very pivotal year — I’m very optimistic that it will be,’ he said.

‘I don’t think we’ll see the ‘all ships will sail’ kind of idea that we’ve seen in the past from juniors. But there are so many, and so many qualified projects that should be doing so much better than they are, and that should give people some hope.’

Watch the interview above for more of his thoughts on the topics mentioned above.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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