What kinda odds are we getting on this currently? Also wtf happened to the forum today!?!
I think somebody doth protest our posts too much.
They will need to add puzzle CAPTCHAs for making new posts..,
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We should make an extended or backup network for Action Committee purposes. Feel free to email me at cotydinsmore@gmail.com i was thinking about making a group chat to text with some of the members
What caused the inflation after Covid? Stimulus spending, after a pernicious extended lockdown that was a BFM[1]; it should have been no more than two weeks, at most. With the money being doled out, many companies boosted their prices, in a case of wolves being wolves.
And now they want to return to the scene of the crime? Scottie: beam me up!
[By the way: the inflation visited on us after what I call “The Great Closing” is a good demonstration of why Universal Basic Income won’t work.]
Full disclosure: I am a capitalist, but also a vehement anti-monopolist. The Antitrust Division at DOJ (like the Supreme Court…) has become an utter joke…
B-ig F-ucking M-istake ↩︎
“We can lend them the money…ho ho…”
Oh, Scott? How we going to fix this??
This is all on YOU, Trump-wing of the Supreme Court!
You took up the tariff decision on appeal, instead of letting the ruling of TWO federal courts stand. I would like to know which justices did that. Roberts??
Congress has already given a president latitude to impose targeted tariffs (example: electric cars and car parts vs. access to rare earths…) But this across the board crap is completely UNCONSTITUTIONAL for any President to impose after TWO federal courts have explained why.
Fuck this conservative wing of the Supreme Court. They would rather sit by while the house burns down over their paranoiac fears of progressive philosophy.
The only question now is whether the Court is beyond repair. And if it is, how do States go about exiting from its oversight, falling back to State Supreme Courts that adhere to original Constitutional principles and do not just make things up as they go along…
That’s pretty wild when even CNBC calls that out!
Sure UPS (who just laid off 10,000, at a time of year that you HIRE for Christmas!) -show me the revolutionary AI tech you are using to enable that reduction in headcount.
Or is it a reduction in demand?
Damn straight!
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We can hope!
The biggest red herring that Trumpkins are pushing is that barring the use of overreaching tariffs (as opposed to targeted ones…) will mean a loss of revenues already collected, which might then be required to be refunded. Relatively very little revenues have been collected to date; it’s all done on fantasy projections which are unlikely to come to pass once trading partners have had time to arrange alternatives. As Meidas Touch succinctly points out: if there were such fantastic savings realized, why would we be worrying about funding SNAP and medical benefits? We would just be paying for such a <honeymooners>mere bag of shells</honeymooners>.
I’ll say it again: this decision should not have even been taken up on appeal; two federal courts already laid out sound legal reasoning as to why the president’s tariff powers are not unfettered. This appeal being taken up has only served to make a bad situation of a global market crash much worse.
A bald-faced lie; only a FRACTION of revenues were collected…
That lie alone should be disqualifying…
That statement is correct (for the world economy, for that matter…) -just not in the way he means…
Trump again promises $2,000 tariff dividend as SCOTUS decision looms
That should not be permitted unless he can show that the revenue is actually coming from tariff revenue -and I happen to know he cannot. He’s doing what he did in all his ““businesses””: running up debt, and then he will walk away from it and stick Americans with the tab.
Him, Bessent, and Luttnick would argue: “What’s the problem? So we borrow the money to pay for dividends; we’ll eventually collect it…” No you will not! Nobody is going to want to stay in an onerous trade agreement; there’’s nothing binding in the long term about all these supposed ““deals””. A gun is suddenly being held to the heads of US trading partners, so being that they have no immediate contingency for this whack move, they are saying yes just to buy a little time to make other arrangements. Then one, two years from now: “See yah’, bye, US!” Once again: Trumpkins won’t be around to answer for that aftermath. Even if they still happen to be in office, they won’t care anymore than they care now about Americans starving and getting diminished health coverage.
What they are effectively attempting to do is: “Hey; let me bribe you with $2K that I’ll borrow, and if the government later defaults, it’s on you!” It’s just one more Don grift.
That’s what the across-the-board tariff thing is all about: it’s destructive to the long-term trade revenue prospects of America. It does permanent damage to the trade relations of the US…
His bribe stunt reminds me of this chapter in the Roman Empire;
I guess 3,000 dinars is about 2,000 bucks today??
Wow! Feckless across-the-board tariffs, tax cuts for billionaires, golden ballrooms, $40 billion bailout to Argentina for who-knows-what reason -is anyone buying this??
Just the circle of grifters, I should think…
On top of sticking more debt to Americans to repay (since it’s NOT being funded by the tariffs in the here and now, nor will it ever be once trading partners phase out the US as a trading partner…), it will have a similar inflationary effect -added to the one already in play!- that the covid stimulus had. When businesses know many Americans just got a little more money, they either jack their prices or shrink their product offerings.
What’s really Evil about this -and I’m sorry, I’m not being over the top in my use of that adjective- is that with his willy-nilly across-the-board tariffs, he made things more desperate for Americans, where a $2K cash withdrawal which THEY will have to repay with a lot of interest is not easy to pass on. His circle of grifters know that! He wants Americans undergoing financial hardship because of his petulant actions with reagards to bad overreaching tariff policy -and actions intended just to get childish attention- he wants those Americans to take on what will inevitably be a usurious loan, the interest being caused by even more inflation and national debt.
Take a bow, Supreme Court, for dragging out this economic bleeding by taking the case up on appeal. The constitutional principles in play were fairly settled after TWO federal court hearings!
Oh, it’s Wednesday -time for him to change his mind again!
Make them cost the same as the average price of US tech talent? No problemo! Otherwise it’s effectively offshoring jobs and domestic spending. It’s simply punishing American workers who got stuck with a higher cost of living than people in third world countries: higher housing, higher food, higher healthcare (and you can take a bow on the food and healthcare costs, Mr.Affordability!)
The recent $100K charge for H1Bs has no labor statistics to back it up, to make the case it levels the worker cost based on an average. Typical: “Where did you come up with the $100K number, Howard [Lutnick]?” A: “Oh, I just stuck my thumb up my ass and it sounded good!” The same whack calculation technique as used for their across-the-board willy-nilly tariffs.
But at this point, his circle of grifters don’t care one jot. They can smell the house coming down. Trump’s just doing the bidding of the latest Billionaire Boys who are whispering in his ear.
Time for you to get out there with your working class pom-poms, Steve Bannon! “Give me a W…Give me an O…Give me an R…Give me a K…Give me an E…Give me an R…Give me an S…WHAT DOES IT SPELL?!“
“TRUMP GRIFTERS!” -right Steve?? Ha!!
I’ve got a pep rally call for you, Steve:
“STRIKE! STRIKE! STRIKE!
IMPEACH! IMPEACH! IMPEACH!”
Just thinking out loud: now would be a great time for a national strike; wouldn’t it? (link…)
This writer lays out all the numbers and lies in the tariff shell game being pushed by The Circle of Grifters:
OK, set’s see: $700 X 12 months=$8,400
Deducting $2,000 for Trump’s tariff bribe (and that eventually has to be repaid by YOU, voters, with lots of interest…), that leaves us $6,400 in the hole a year.
<sarcasm>What’s not to like?!</sarcasm>
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