top of page
< Back

Joe Kent, Freedom of the Press, Tariff Revenues, and More

Main Discussion Topics


Joe Kent Resignation

  • Joe Kent resigned as Director of the US Counter-Terrorism Center, stating he could not in good conscience support the administration's war with Iran

  • Kent's resignation letter argued Iran posed no imminent threat to the US and that the war was initiated due to pressure from Israel and its lobby

  • Trump responded that he had always thought Kent was weak on national security - a claim Michael dissected at length

  • Trump had endorsed Kent twice for Congress and then appointed him to lead counter-terrorism; now claiming he always knew Kent was inadequate represents a pattern Michael identifies as consistent throughout Trump's presidency

  • The MAGA sphere characterized Kent as a terrible leaker, yet he was never fired before his resignation; Michael noted the contradiction

  • Michael described a compilation video of Trump claiming superior knowledge on virtually every subject - taxes, trade, nuclear weapons, banking, renewables, golf, and dozens more - framing it as context for evaluating Trump's judgment about the man he appointed

  • Persephone noted that Kent's resignation letter opened by praising Trump's first term before criticizing this one decision, pointing out that the broader pattern of decisions had been there all along


Michael on Trump's accountability: "There is one person that put him there. One. Donald J. Trump. Is he ever accountable for anything?"


Persephone on Kent's letter: "This is not one terrible decision. This is a history of terrible decisions that you happen to agree with - and now there's one that you don't agree with for whatever reason."


Wartime Censorship and Freedom of the Press

  • Drawing from a March 16, 2026 Reason Magazine article, Michael examined the FCC's threat to revoke broadcaster licenses in the context of wartime coverage of the Iran conflict

  • The FCC, citing a 1943 Supreme Court precedent (NBC v. United States), has claimed authority to determine the "composition" of broadcast content in the public interest - authority Michael argued is being weaponized against critical war coverage

  • Press Secretary statements characterizing negative war reporting as unpatriotic or treasonous were cited and challenged directly

  • Michael noted that US wartime partners in the Middle East - Israel, the UAE, Kuwait, Qatar, and Bahrain - have collectively arrested hundreds of people for sharing unauthorized footage of the war; Iranian authorities have arrested around 500 on similar charges

  • In England and France, individuals have faced criminal convictions for online posts deemed hateful or contributory to disorder; Freedom House data cited shows over 12,000 people were arrested in the UK in 2023 under communications statutes, with annual arrests more than doubling since 2017

  • Michael drew a sharp distinction between the media's role and the administration's expectations: "The media's patriotism is not relevant. They are not here to run cover for the administration."

  • The broader argument: you cannot claim to be fighting for freedom abroad while dismantling it at home


Michael on the stakes: "If we destroy the very freedoms that we claim we are fighting for, we are through. We are supposed to be a free country, a nation of laws. Our fundamental law, the United States Constitution, the Bill of Rights, the First Amendment - if we are not fighting for these things, then for what are we fighting?"


Tariff Revenue Shortfall and Constitutional Violations

  • Peter Navarro had promised $700 billion in new tariff revenue; the actual figure came in at approximately $240 billion

  • Michael framed $240 billion in context: roughly 12 days of government spending

  • The tariff orders were ruled unconstitutional in court - Ilya Soman, Michael's guest from the previous episode, was among those who won the case against them

  • Michael's position: Americans have had their constitutional rights violated, been lied to about the rationale, and the result amounts to less than two weeks of government expenditure


Michael: "If you are willing to sell your liberties for 12 days of government spending, you deserve no freedom. I'm sorry. You just don't."


The "Ethics of Emergencies" and Suspending Liberties

  • An audience member raised the argument that freedom of speech shouldn't function as a "suicide pact" in wartime - framing it as a lifeboat scenario

  • Michael engaged with this directly through the Objectivist framework of the ethics of emergencies: an emergency is a temporary situation after which one can reestablish the prior position

  • He challenged the premise on two grounds: first, whether the Iran conflict qualifies as an emergency at all given that US intelligence did not identify an imminent threat, and Congress was never asked for a declaration of war; second, whether governments historically relinquish emergency powers once granted - citing the Patriot Act as a standing counterexample

  • The precedent risk: a future administration hostile to Israel could use the same mechanisms to suppress pro-Israel speech, and those who accepted those mechanisms would have no principled ground to object


Political Landscape: Is a Return to Constitutional Governance Likely?

  • Persephone asked Michael directly: is a return to constitutional governance possible, and is it likely?

  • Michael's answer: possible, yes. Likely, no.

  • He identified the dominant political camps as offering no viable path: the far left is vehemently anti-Trump but not pro-freedom; the nationalist right is anti-war in some cases but anti-Semitic and unprincipled; the moderate center advocates for civility but defaults to the status quo

  • Principled advocates for individual rights and capitalism represent a small fraction and struggle even to maintain internal cohesion

  • Both Michael and Persephone agreed that Trump's coalition eating itself is not translating into a positive shift toward liberty - it is producing more negative consequences, not fewer


On Fact-Checking, Sourcing, and Epistemic Standards

  • An audience challenge to Michael's sourcing methodology prompted an extended discussion of his research process

  • Michael outlined his standard: cross-referencing multiple AI tools, multiple articles, primary sources such as original letters and social media posts, and checking for internal consistency and contradiction across sources

  • His position: if Grok, ChatGPT, Claude, and Google all return the same conclusion and point to the same sources, the burden shifts to the critic to present a competing source rather than simply dismiss the methodology

  • He gave a concrete example of not publishing a claim about Iran - one he was inclined to agree with - because after fact-checking it traced back to a single source and did not hold up

  • The broader point: reflexive source rejection without offering an alternative is not skepticism, it is avoidance


Key Constitutional Issues Raised


  • First Amendment and freedom of the press in wartime

  • Executive overreach and accountability in personnel decisions

  • Congressional war powers and the bypassing of legislative authority

  • Precedent risks of accepting emergency-based rights restrictions

  • The misuse of regulatory bodies (FCC) as political instruments


Notable Quotes


Michael on the Constitution as a practical instrument: "The Constitution is not just words on paper. The words represent something. They are the concretization of principles - checks and balances, separation of powers, rule of law, basic liberties like freedom of speech. We don't protect these things by sacrificing them, any more than Roosevelt protected capitalism by sacrificing it."


Michael on fighting for freedom: "I think the proper plan is to fight for freedom here at home, and when there is a threat overseas, get a declaration of war from Congress and take it out. But let's not throw away our liberties in the process. That is not what America is supposed to be."


Michael on principled political discourse: "Tell people what they want to hear and they will listen to you for hours on end. You find your niche, you find people who want to listen, and you preach it to them. That is not for me. If you don't like me, don't like me. I don't care if my videos stay at two or three hundred views and that's all I ever do. At least I have my soul."


Referenced Articles and Resources


  • Reason Magazine, March 16, 2026: "Trump Wants to Cover Up Bad News About the Iran War"

  • Daily Economy, Stefan Bartow: article on free speech erosion in England and France

  • Freedom House, April 2025 Freedom of Information report (via The Times): UK arrests under the Communications Act

  • Joe Kent's resignation letter from the US Counter-Terrorism Center

  • NBC v. United States (1943 Supreme Court decision on FCC regulatory authority)

  • Previous episode: Ilya Soman interview on constitutional war powers


Capitalist Thought of the Day


Freedom of speech, freedom of the press, capitalism - these things are usually thought of in terms of economics: trading goods and services. But the more fundamental principle is freedom. And deeper still, the fundamental is individual rights. We need to recognize what individual rights are and why we have them. Rights, in this context, are a moral concept. In order to ground our case for individual rights, we need a sound, objective moral theory. Ayn Rand has, in my view, put forward such a case. You can read her books - read The Virtue of Selfishness. She makes an excellent case for an objective morality, and that is what we need if we are going to effectively argue for individual rights, which means effectively arguing for freedom - freedom of speech, freedom of the press. And if we are to effectively argue for free market capitalism, there is no shortcut to getting the results we want. We need to understand the ethical case we are making, and then we need to make it. - Michael

cc logo white.png
  • Youtube
  • Instagram
  • Facebook
  • TikTok
  • Discord

Important Disclaimer: While both hosts are leaders of the American Capitalist Party and proud capitalists, the views expressed on The Capitalist Corner represent our own personal opinions and analysis. We are not speaking as official representatives of the American Capitalist Party on this show.

bottom of page