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Yeah, no thanks.
Trump / Musk (other than DOGE)
- Thread starter nycfan
- Start date
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- Politics
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Trump’s ‘interesting problem’ with Treasuries
“President Donald Trump suggested that Elon Musk’s government efficiency team has found irregularities while examining data at the US Treasury Department, and intimated that may lead the US to disregard some payments.
“There could be a problem, we’ve been reading about that, with Treasuries,” Trump told reporters Sunday on Air Force One en route to the Super Bowl.
It wasn’t immediately clear whether he was talking about US government debt, or payments processed through the Treasury Department.
“That could be an interesting problem because it could be that a lot of those things don’t count,” he said.
“Therefore maybe we have less debt than we thought of.”
Trump didn’t elaborate on what problems Musk found. Musk’s so-called Department of Government Efficiency has sought access to Treasury Department payments data, but Musk’s statements on social media have largely concerned payments to contractors and grant recipients, not bondholders.
The White House did not immediately respond to a request to elaborate. The Treasury Department also didn’t immediately respond to requests for comment….”
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Just create your own reality. No one's really paying attention. Debt? What debt?!
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China’s Strategy in Trade War: Threaten U.S. Tech Companies
Preparing for Trump talks, Beijing starts probe of Google and keeps Apple and Broadcom in its sights
“…
Beijing has already said it is investigating Nvidia and Google over alleged antitrust issues. Other American companies in its sights include Apple, Silicon Valley tech company Broadcom and semiconductor-design software vendor Synopsys, said people familiar with the matter. Synopsys has a $35 billion acquisition awaiting approval by Beijing.
China needs all the leverage it can get to hit back at the U.S., and antitrust is one of the most useful, said Tom Nunlist, a Shanghai-based tech policy specialist at consulting firm Trivium China.
“China is on a chip-gathering exercise,” said Nunlist, likening the countries to poker players. “They want to come to the table to negotiate and need something to play with.”…”
superrific
Master of the ZZLverse
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Standing will be a problem for this universal class action.
Y’all do realize this resonates with MAGAts and “moderates” and “independents.”
How would a security person know who Markey is?
Markey could come through my front door and I’d have no clue who he is.
Protest. Don’t try to enter buildings.
Textiles/apparel has been a commodity market for decades/centuries. I know you know this. I’m just stating it.
Textile mills flourished in the South for decades/125+ years post-Civil War in the South BECAUSE the South was a Third World country at best…..especially the rural South.
When my Dad joined UNC’s faculty in the late ‘60’s, UNC and Duke were considered “good Southern colleges.” Emphasis on Southern and college, not university and certainly not national.
Or, more likely, NEVER.
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“…
Seven years after the first Trump administration implemented a zero-tolerance criminal-prosecution policy that separated thousands of migrant children from their parents, some 3,200, such as Barrera, were reunited during the Biden administration. An estimated 1,000 remain separated.
Hours after President Trump returned to power on Jan. 20, one of his first moves was to rescind the task force working to reunite families and provide benefits to those who had been torn apart during his first term. The move threw into further question the degree to which the next administration will continue the reunification efforts, which are required by law under a 2023 court settlement.
Trump’s team is still debating how to abide by that settlement—and whether it will at all, according to people familiar with the discussions. …”
You are right. The South’s cheap labor was a selling point for textile supporters. It also held back economic growth here. Starting in the 80’s the apparel business started moving offshore. There were scores on small knitting operations in
NYC that knitted goods for Vivanti and other apparel companies. Now, probably none of them are still operating.