Ignore the stock market — Wall Street
dealing with painful detox from government
spending addiction
Posted By: 4250Luis, 3/11/2025 5:51:12 AM
Wall Street is puking big time, and the sell buttons are working overtime whenever the word “tariff” passes from Donald Trump’s lips. If you listen to the fat cat community long enough, you’d think Trump has been in office four years rather than four weeks, and that a small trade surcharge on a car from Mexico is leading us into economic Armageddon. I’m no fan of tariffs for lots of reasons, including I hate paying too much for stuff, but I’ve also taken enough econ and studied markets long enough to know that they’re not the end of the world as we know it.
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4250Luis"
Even as the Trump administration focuses on making government efficient in ways it has not been in decades, lawmakers still can’t stop their spending habits. That’s the unfortunate takeaway from spending legislation House Republican leaders released over the weekend.
The legislation may pass with Republican votes and President Trump’s support. It represents a better fiscal vision than a bill crafted with more Democrat input. But when “better” in this case equates to “slightly less irresponsible,” it speaks to the chasm between Congress’s spendaholic ways and fiscal reality.
The communists who’ve run South Africa into the dirt since the end of apartheid — increasingly brazen in their genocidal anti-white rhetoric and deeds — may have not expected any real pushback on their illiberal racism. And why wouldn’t they expect immunity? They had gotten away with it for decades under all previous U.S. presidents, even while they touted the “international rules-based order” that is neoliberalism. (As a side note, you can always tell that Trump's writing his own communications, whether on Truth Social or elsewhere, by his telltale use of random ALL CAPS and random capitalization of the first letter of non-proper nouns in the middle of sentences.
As part of the deception, according to the IDF report, Hamas was working to convince Israel that it was interested in calm and was working for economic prosperity. The IDF investigation concluded that Hamas had planned the October 7 attack for more than 10 years.
Today, everyone knows that the talk about a long-term truce was nothing but a smokescreen to conceal Hamas's real intention of launching its October 7 attack against Israel.
Hamas anyway is not known for honoring ceasefire agreements.... On July 26, 2014, Hamas announced a 24-hour humanitarian ceasefire at 14.00. Hamas violated its own ceasefire a short time later.
Ignore the stock market — Wall Street
dealing with painful detox from government
spending addiction 16 replies
dealing with painful detox from government
spending addiction 16 replies
Wall Street is puking big time, and the sell buttons are working overtime whenever the word “tariff” passes from Donald Trump’s lips. If you listen to the fat cat community long enough, you’d think Trump has been in office four years rather than four weeks, and that a small trade surcharge on a car from Mexico is leading us into economic Armageddon.
I’m no fan of tariffs for lots of reasons, including I hate paying too much for stuff, but I’ve also taken enough econ and studied markets long enough to know that they’re not the end of the world as we know it.
US Air Force F-16 fighters forced to intercept
2 aircraft that invaded Mar-a-Lago airspace 13 replies
2 aircraft that invaded Mar-a-Lago airspace 13 replies
Air Force F-16 fighter jets scrambled Sunday to intercept aircraft that entered the airspace over President Trump’s Mar-a-Lago estate in Florida — the second time that’s happened in 48 hours, NORAD says.
A civilian aircraft flew into the no-fly zone over the property at around 1:15 p.m. Sunday, according to a statement.
The fighter jets fired flares to warn the pilots to move out of the area, the military said.
The aircraft was then escorted out of the area.
President Trump is giving this anti-Israel campus rabble-rouser a ticket to study abroad — for good.
A Palestinian activist who led the disruptive protests at both Columbia University and Barnard College has been arrested by ICE agents at his campus apartment, according to his lawyer.
Mahmoud Khalil, who completed his graduate studies at Ivy League Columbia in December, also potentially faces having his visa revoked and his green card canceled following President Trump’s crackdown on unrest at colleges, attorney Amy Greer said Sunday.
He was inside his university-owned apartment a few blocks from campus Saturday night when ICE agents entered the residence and took him into custody, Greer said.
The unveiling of the USAID’s scandalous misappropriation of money continues. This week, MSNBC tried to toss a lifesaver to Stacey Abrams, asking her to explain the $2 billion allotted to her pop-up nonprofit by the EPA when she lacked all experience for managing so much money. Didn’t work. In fact, her own words underscore that this was a Democrat party grift. She claimed it was to be used to buy energy-saving appliances for people who could not otherwise afford them. In other words, a new, more expensive remake of the Obama phone giveaway. Imagine how Stacey would allocate this pelf.
The Statesman Among Us
2 replies
The concept of Zionism has received adverse publicity in the press of late, especially thanks to slogans by supposedly pro-Palestinian activists in the West vilifying Jews. These supposedly pro-Palestinian activists are actually just antisemites; they have never proposed a thing that would make Palestinian lives better. Anyhow these activists call Jews "Zionists" to avoid having themselves labelled as Jew-haters.
Due to a fundamental clash of irreconcilable ethical religious principles – that of Torah versus Islamic Sharia – it appears that only Israel's overwhelming military strength, command of technology and will to protect its country from tyranny can deter the nation's Islamist enemies.
Newsom Refuses To Protect Women’s Sports
Days After Saying It’s ‘Unfair’
For Men To Compete 23 replies
Days After Saying It’s ‘Unfair’
For Men To Compete 23 replies
California Gov. Gavin Newsom refuses to protect women’s sports just days after he claimed it was “unfair” for men to play in women’s sports.
In a podcast featuring Turning Point founder Charlie Kirk, Newsom said men in women’s sports are “unfair” but did not answer Kirk’s question as to whether men should be prohibited.
Newsom then suggested that there needs to be a way to balance fairness with the mental health of these young men, otherwise they might “commit suicide.”
“There’s also a humility and a grace. You know that these poor people are more likely to commit suicide,
Iran has also been installing more advanced centrifuges, increasing its capacity to enrich uranium faster than ever.
The Iranian regime appears to believe that nuclear weapons will give it leverage to silence opposition at home and deter any foreign intervention that could threaten its rule.
A nuclear-armed Iran poses an existential threat not only to the "Little Satan," Israel, and the "Great Satan," the US, but to all the oil-rich Gulf countries in the Middle East.
The task is not just about protecting Israel, Europe and the US; it is about preventing.... the mother of all arms-races throughout the Middle East.
- It’s good to be king — or a district judge. Judge Amir Ali has no power to appropriate money or spend it. Neither does he have any authority over the conduct of US foreign policy. Ali is not letting that stop him in his escalating conflict with the Trump administration over USAID spending, though. The judge won a modified victory in the Supreme Court, which opted not to stop him from trying to force the Trump administration to spend money that it has currently paused. In a dissent expressing shock and dismay that the court is letting Ali proceed on his current course,
Jeff Bezos is one of the world’s most successful entrepreneurs — but making his Washington Post staffers face reality may be his toughest-ever career challenge.
A long time ago in a media galaxy that now seems far, far away, the Post was one of the most respected newspapers in the country, capturing 68 Pulitzers in the process.
But in recent years, especially since Donald Trump’s first presidential run, the paper’s shift from left-of-center to hard-left extremism has become obvious and overt.
The paper has never endorsed a Republican presidential candidate in its history — boosting the likes of Jimmy Carter (twice!)
Most Active Articles (last 48 hours)
‘Scariest Times In My Lifetime’: Bernie
Sanders Says Trump, Musk And Bezos Have
Him Terrified 52 replies
Sanders Says Trump, Musk And Bezos Have
Him Terrified 52 replies
Independent Vermont Sen. Bernie Sanders said during a Tuesday interview that President Donald Trump, Elon Musk and Washington Post owner Jeff Bezos have created the most frightening time period in his 83 years of life.
Sanders claimed on “Pod Save America” that all three billionaires have taken actions that have influenced the media landscape in ways that could be dangerous. The Vermont senator said it was “objectively the truth” that their conduct has led to what he considers “the scariest times in [his] lifetime.”
“These are, you know, the scariest times in my lifetime … I think that’s objectively the truth.
The decades-long feud between actress and former daytime talk show host Rosie O’Donnell and President Donald Trump just got a little more complicated.
“It’s been pretty wonderful, I have to say. The people are so loving and so kind, so welcoming. And I’m very grateful,” O’Donnell said in a TikTok video posted Tuesday, in which the league of Their Own star detailed her move to Ireland before Trump’s inauguration.
I was never someone who thought I would move to another country, that’s what I decided would be the best for myself and my 12-year-old child. And here we are,” she said, explaining the move took place on January 15th.
Approximately 60 drones were launched from Ukraine overnight to attack the Russian capital city of Moscow. This is the largest escalation of drone/missile attacks into Russia so far. The attack comes, predictably, as Secretary of State Marco Rubio, Nat Sec Advisor Mike Waltz and President Trump envoy Steve Witkoff arrive in Saudi Arabia for preliminary face-to-face talks with Ukraine officials. [Snip] 60+ drones launched against Russia’s largest city is intended to draw a major retaliation from Russian President Vladimir Putin, that is what the UK/EU and NATO apparatus want. The Zelenskyy people want Russia to attack Kiev so they can enlarge the scale and scope of U.S. involvement.
Elon Musk's Department of Government Efficiency, known as DOGE, has been working to eliminate what it considers redundant positions and cut costs. With roughly 200,000 federal workers now out of jobs, many are scrambling to find new employment. But for those who worked for agencies like the National Park Service, U.S. Forest Service, or Fish and Wildlife Service, job opportunities outside of government are slim. Coloradan Tina Jackson's one-year probationary period as a federal employee was set to end on March 10. But three weeks ago, she was let go from the Fish and Wildlife Service team she headed. After
NEW YORK (AP) — Michelle Obama and her brother, Craig Robinson, will host a new weekly podcast series starting this month featuring a special guest pulled from the world of entertainment, sports, health and business.
“IMO with Michelle Obama & Craig Robinson” will address “everyday questions shaping our lives, relationships and the world around us,” according to a press release. IMO is slang for “in my opinion.”
Some of the guests slated to speak to the former first lady and Robinson, the executive director of the National Association of Basketball Coaches, include the actors Issa Rae and Keke Palmer and psychologist Dr. Orna Guralnik.
A new four-lane highway cutting through tens of thousands of acres of protected Amazon rainforest is being built for the COP30 climate summit in the Brazilian city of Belém. It aims to ease traffic to the city, which will host more than 50,000 people - including world leaders - at the conference in November. The state government touts the highway's "sustainable" credentials, but some locals and conservationists are outraged at the environmental impact. The Amazon plays a vital role in absorbing carbon for the world and providing biodiversity, and many say this deforestation contradicts the very purpose of a climate summit.
President Donald Trump's nominee to lead the agency overseeing Medicare should divest financial ties to healthcare and pharmaceutical companies that could benefit from his policy decisions, Democratic U.S. Senator Elizabeth Warren said on Wednesday.
Television personality and surgeon Dr. Mehmet Oz is scheduled to appear on Friday before the Senate Finance Committee, on which Warren sits. The panel will hold a confirmation hearing for his nomination to be administrator of the Centers for Medicare and Medicaid Services, a wide-reaching agency with annual spending of $2.6 trillion.
In a letter addressed to him seen by Reuters, Warren called on Oz to divest from his financial holdings related to industries regulated by the agency
Whoopi Goldberg Claims Trump Ruined Biden’s
Wonderful Economy Without Once Mentioning
High Prices 19 replies
Wonderful Economy Without Once Mentioning
High Prices 19 replies
“The View” co-host Whoopi Goldberg claimed Tuesday that President Donald Trump ruined former President Joe Biden’s economy without once mentioning high prices or the record high deficit.
Goldberg argued that Trump inherited a “very robust” economy, crediting the Biden administration for adding nearly 16 million jobs to the U.S. economy, though she failed to mention this was largely a result of the U.S. recovering from the COVID-19 pandemic. The co-host also did not mention that inflation rose to a peak of 9% during the Biden administration and that the deficit reached record-breaking levels largely due to the previous White House’s high spending.
Oregon governor declares March 10 'Abortion
Provider Appreciation Day': 'Continue
to have your back' 19 replies
Provider Appreciation Day': 'Continue
to have your back' 19 replies
Oregon's governor has signed a proclamation that will make March 10 "Abortion Provider Appreciation Day," in an effort to reaffirm her administration's commitment to "maintaining access to abortion care across the state.""Here in Oregon, we understand that abortion is healthcare, and providers are appreciated and can continue to provide care without interference and intimidation," Governor Tina Kotek said in a statement. "To our providers and to the patients who live in Oregon or have been forced to retreat to our state for care, know that I continue to have your back."
In what can only be accurately described as a case study in projection, Democrat Senator Elissa Slotkin (MI) said Americans in the Trump era are like teenagers whose brains have yet to fully form.
Pot, meet kettle.
To complete the irony, Slotkin's comments were made as a guest with the ladies of "The View" on Tuesday morning.
"We're about to turn 250 years old, right? We're still pretty young for a country," she explained. "These are, like, our angry teenage years. We are going through this push and pull where we're happy, we're sad."
"We want this, we want that, and what do you do when you have a teenager threatening themselves and others?
USAID Senior Staffer Instructs Remaining
Staff to Convene for an 'All Day' Document Destruction 18 replies
Staff to Convene for an 'All Day' Document Destruction 18 replies
After Secretary of State Marco Rubio took to X on Monday to declare that 83 percent of the USAID programs would be cancelled and contracts rescinded, a curious memo from a USAID senior staffer obtained by POLITICO instructed remaining staffers to convene at the former agency on Tuesday for destruction of “classified safes and personnel documents." (Snip) A senior official at USAID instructed the agency’s remaining staff to convene at the agency’s now-former headquarters in Washington on Tuesday for an “all day” group effort to destroy documents stored there, many of which contain sensitive information.
Democratic Massachusetts Rep. Bill Keating had a meltdown on Tuesday, during a House Foreign Affairs subcommittee hearing, after the subcommittee's chairman called transgender Delaware Rep. Sarah McBride "mister."
The exchange occurred during a hearing on arms control and U.S. assistance to Europe. The committee's chairman Keith Self cited a Trump administration order that only recognizes and identifies two genders, which is the person's biological gender.
Self, a Texas Republican, introduced McBride, who was the first transgender lawmaker elected to Congress, as "the representative from Delaware, Mister McBride."
"Thank you madam chair," McBride swiftly responded.