Duke Mu
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Wow...almost as if the system were rigged and this was a BANK ROBBERY. The FTC Chair stepped down and the Dem commissioners fired. How convenient.
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Wow...almost as if the system were rigged and this was a BANK ROBBERY. The FTC Chair stepped down and the Dem commissioners fired. How convenient.
You'd think that if 75 countries (or any countries, really) had reached out then Trump, given his passion for publicity and bragging, would shout the names of those countries from the rooftops. It's almost like his claim that 75 countries have reached out is fake and that no one is buckling under his demands. Nah, surely Dear Leader and his minions couldn't be lying through their teeth. It's not like they've ever lied about anything else, amiright?
“… But the real credit, Mr. Trump’s advisers admit privately, should go to the bond markets. Mr. Trump’s decision was driven by fear that his tariffs gamble could quickly turn into a financial crisis. And unlike the two previous crashes of the past 20 years — the global financial crisis of 2008 and the pandemic of 2020 — this crisis would have been directly attributable to only one man. …“… After his reversal on social media, Mr. Trump’s team was put in the unenviable position of trying to spin the media that this was the plan all along, a brilliant strategy straight out of the pages of the president’s best-selling book, “The Art of the Deal.” Mr. Bessent went so far as to deny that the bond market had driven the change.
When Mr. Trump came out to explain his decision on Wednesday, however, he undercut both Mr. Bessent and Karoline Leavitt, the White House press secretary, citing the jittery market and saying he was acting “instinctively, more than anything else.”
Many of Mr. Trump’s most senior advisers and officials were unaware of this major shift in policy until the last minute, because as recently as Wednesday morning Mr. Trump was still indicating he was sticking to his previous plan.
Jamieson Greer, the U.S. trade representative, only learned of Mr. Trump’s decision while defending the original tariffs before a House committee, a person familiar with the situation said. …”
And right on cue, many on this board were wrong. People were saying Trump is alienating our trade partners. Now our trade partners are looking to negotiate with us and China is the bad actor here, not Trump.
Harding looks like a choirboy in comparison.Just blatant. Teapot dome looks like tiddlywinks in comparison. But, alas, maga has decided it’s GREAT when billionaires and their patrons steal from the rest of us.
At this point I think even some of them know that this term has been very different from his first one (not in a good way) and they're waiting to see what happens from here. If the stock market stays up and this trade war dies down with few repercussions for his base then at least some of them will likely return to resume their bragging and trolling here.Again, I overestimated the MAGAs. I predicted they would come back when the Dow hit 42k, declaring victory.
I was just poking fun at Silence Dogood, fwiw.At this point I think even some of them know that this term has been very different from his first one (not in a good way) and they're waiting to see what happens from here. If the stock market stays up and this trade war dies down with few repercussions for his base then at least some of them will likely return to resume their bragging and trolling here.
Wow...almost as if the system were rigged and this was a BANK ROBBERY. The FTC Chair stepped down and the Dem commissioners fired. How convenient.
The interview I listened to today. Gave an example of how he claimed Reagan used tariffs against Japan and the auto industry.WAIT!!!!!
What about winning? How are we gonna bring manufacturing jobs back now? Why is trump letting all these countries take advantage of us? Why did trump give up on trying to rebalance global trade? Why is he such a quitter? Now that trump has paused the tariffs, Canada can just keep shipping fentanyl over the border. How are we gonna pay for those text cuts for billionaires if we're not bringing in all these trillions from tariffs?
Farmers will be OK with Trump as long as he bails them out.Given the influence of agricultuarla states in R party and the dependence of US agriculture on China importing key products, Trump will either have to cave to china or bail out US farmers (as he did last time)