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Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 2:44 am
by dimejinky99
Wall Street Journal editorial calls Trump tariffs ‘dumbest trade war in history’
Some US business leaders reacted neutrally, while JP Morgan CEO says tariff threats can be used effectively

https://www.theguardian.com/us-news/202 ... -editorial

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 2:54 am
by E.H. Ruddock
bart wrote:Great actor though
Best known for his role in Family Guy

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 3:07 am
by zeb
bart wrote:Great actor though
Is he though? I feel like he just plays himself in most things - kind of like Kevin Spacey, in that both of them are arseholes.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 3:21 am
by dimejinky99
Yeah. He is just one of those actors just does himself. Not sure he’s in possession of any acting ability at all.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 3:27 am
by dimejinky99
“ This language describes a coup. You have to be a government employee, subject to the rules & procedures that bind gov employees, to do this kind of work. This is a blatant abuse of the public trust by the Trump administration, a true 5-alarm fire.”
Already, Musk's lackeys have taken control of the Office of Personnel Management (OPM) and General Services Administration (GSA), and have gained access to the Treasury Department's payment system, potentially allowing him access to a vast range of sensitive information about tens of millions of citizens, businesses, and more. On Sunday, CNN reported that DOGE personnel attempted to improperly access classified information and security systems at the US Agency for International Development (USAID, and that top USAID security officials who thwarted the attempt were subsequently put on leave. The AP reported that DOGE personnel had indeed accessed classified material.
https://www.wired.com/story/elon-musk-g ... engineers/

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 3:40 am
by E.H. Ruddock
I kind of hope China just shuts it all down. I know it isn’t possible without affecting their economy as well, but would be fun to see what happens over here.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 3:48 am
by dimejinky99
E.H. Ruddock wrote:I kind of hope China just shuts it all down. I know it isn’t possible without affecting their economy as well, but would be fun to see what happens over here.

They have said there will be retaliatory tarriffs if any are placed on them. That’s only a slice of the bigger picture though. They could tank the dollar overnight but is that what Trump and musk want? Musk it seems wants his DOGE crypto bullshit to replace the dollar as the trading standard.
Sounds insane but it’s musk

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 4:09 am
by dimejinky99
“Now, as fears emerge Trump’s administration is ‘dangerously’ undermining the U.S. dollar, Musk has confirmed he wants to put the U.S. Treasury on a blockchain, the technology that underpins bitcoin and other cryptocurrencies—including Musk’s pet project dogecoin.”

https://www.forbes.com/sites/digital-as ... sury-plan/

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 5:13 am
by dimejinky99
Now he’s going for South Africa. Bear in mind SA brought the case against Israel to ICJ. And netenyahoo arrived in Washington yesterday.
And musk of course

Apartheid is coming back baby! Burt will be overjoyed.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 11:06 am
by dimejinky99
Timely reminder
The DEI caused the plane crash narrative is a distraction. The tariffs are a distraction. Whatever insane nonsense Trump spews that the media will chase like cats chasing a laser light is a distraction. The only story that counts right now is the wholesale hijacking of control of the US government.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 12:19 pm
by Bi_3
Finally some clarity on this:
It’s completely reasonable to demand dramatically increased immigration and drug enforcement. The trade deficit, I don’t think that is true.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 12:26 pm
by doug rr
2 days ago I was in Canada and today in Mexico...boy, we are a well deserved hated bunch..ha...go Canada

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 12:51 pm
by Farmer John
Bi_3 wrote:Finally some clarity on this
Yes, much clearer now lol

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 1:20 pm
by Bi_3
Farmer John wrote:
Bi_3 wrote:Finally some clarity on this
Yes, much clearer now lol
He's not going to give you a moose-by-moose breakdown.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 1:21 pm
by Bi_3
Hate all you want, this is a win:

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 1:53 pm
by BurtReynolds
dimejinky99 wrote:Timely reminder
The DEI caused the plane crash narrative is a distraction. The tariffs are a distraction. Whatever insane nonsense Trump spews that the media will chase like cats chasing a laser light is a distraction. The only story that counts right now is the wholesale hijacking of control of the US government.
That last part is the best part and shouldn't be distracted from. I don't buy into this "distraction" thing - I don't think Trump is that cunning, and I also don't think he cares - but if he is making up distractions, he should stop distracting from things a lot of people want.

Re: Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 2:01 pm
by BurtReynolds
The arch warmonger has decided to vote to confirm. I guess we'll find out later his NGO money is safe!

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 2:25 pm
by Farmer John
Bi_3 wrote:
Farmer John wrote:
Bi_3 wrote:Finally some clarity on this
Yes, much clearer now lol
He's not going to give you a moose-by-moose breakdown.
Take oil out of the equation (which we sell to you at a discount, below market value) and the US has a trade surplus with Canada, so I guess YOU owe US money, bitch!

As far as "border security", a few weeks ago when Trump first incoherently suggested that that was what we needed to do to avoid the tariffs, we went ahead and spent 1.3 billion to beef up security (some of which was needed, and some of which will be a waste of money and resources). So what would you like us to do next? Sorry we've been abusive to you all these years, America.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 2:33 pm
by dimejinky99
BurtReynolds wrote:
dimejinky99 wrote:Timely reminder
The DEI caused the plane crash narrative is a distraction. The tariffs are a distraction. Whatever insane nonsense Trump spews that the media will chase like cats chasing a laser light is a distraction. The only story that counts right now is the wholesale hijacking of control of the US government.
That last part is the best part and shouldn't be distracted from. I don't buy into this "distraction" thing - I don't think Trump is that cunning, and I also don't think he cares - but if he is making up distractions, he should stop distracting from things a lot of people want.

Does the ordinary American care about any of that though? That’s very much a tweet and thinking from inside the agenda bubble.

Re: The 47th POTUS - Donald J. Trump

Posted: Mon February 03, 2025 2:34 pm
by 4/5
Fun fact: if a country has a "trade deficit" with one country, they by definition have a capital and financial surplus with that country. All a trade deficit means (take US and Canada) is that Americans prefer buying Canadian goods while Canadians prefer buying American financial assets. Which, oh btw, has the effect of lowering interest rates in the U.S.

And that means, yup you guessed it, that if that trade deficit were to turn into a trade surplus, that there would be a capital and financial deficit with Canada, pushing domestic interest rates up. Those same interest rates that Trump "demands" be lowered.