Treasury Secretary Bessent is a bad liar. Clowns portray it as 5D chess. Lie of the Day and Hoot of the Day Bessent: “This was driven by the President’s strategy. He and I had a long talk on Sunday and this was his strategy all along. And you might even say that he goaded China […]
This is no longer a highly unlikely scenario after Trump threatens another 50 Percent Tariff on China. The lead image is from Chad P. Bown, Senior Fellow at PIIE. Trump’s Social Media Threat “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will […]
This letter isn’t from me, but it’s a great read. I found it on X. Open Letter by Shay Boloor The frustrating part is that I was on board for a reset. Truly. I’ve said it publicly. I’ve written about it in this very feed. I understood the need for a detox. For decades, the […]
When you are caught with your pants down, and there’s an image of it, it’s best not to deny your pants were down. Department of Defense Shares Classified War Plan Details With Journalist For the background to repeated lies by Hegseth, please see Department of Defense Shares Classified War Plan Details With Journalist The most striking […]
I eagerly await Trump’s major announcement for Venezuela to be the 53rd state. Nobody But the US to Get Venezuela Oil The Wall Street Journal reports Trump Plans Tariffs on Countries Buying Energy From Venezuela President Trump said he would impose a 25% tariff on any country that buys oil or gas from Venezuela, an arrangement […]
In contrast, PolitiFact says SS is not a Ponzi scheme. Who is correct? Fact-Checking PolitiFact Please consider the PolitiFact Tact Check on Social Security During the three-hour Feb. 28 appearance, Musk said, “Social Security is the biggest Ponzi scheme of all time.” Critics of President Donald Trump and Musk, a White House adviser, used Musk’s comment as evidence that Trump […]
Senator Ron Johnson (R, WI) has budget concerns. So do I. Is This Any Way to Run a Budget? Ron Johnson asks Is This Any Way to Run a Budget? The 535 members of Congress could be considered the board of directors, and the news media as the watchdog auditor, of a financial entity that spends […]
Trump wants the Fed to cut interest rates to weaken the dollar and boost exports. But that’s not what helped him get elected. Conflicting Dollar Goals It’s impossible to get what you want when you have conflicting goals. Inflation was a key reason Trump won the election. In isolation, a weak dollar would help exports, […]
It wasn’t easy, but Trump united Canada and Mexico against the US. Mark Carney Wins Liberal Leadership by a Landslide Prim Minister Justin Trudeau stepped down and a few weeks ago Liberals were getting crushed. But Trump rallied all Canadians against the US and united liberals behind Mark Carney. The National Post reports Mark Carney Wins […]
The Census Department reports two new records trade deficits in January. For those who appreciate record-breaking efforts, I am pleased to report the International Trade in Goods and Services report for January has many new records to consider. Trade Details Real Goods in 2017 Dollars – Census Basis In retrospect, I am not sure how many new […]