Speaking of the people left on Twitter:
This is really just for the headline:
Why Beijing is not backing down on tariffs“Because they don’t have to?” (I mean, this ain’t rocket science.)
"I would like to say 'This book is written to the glory of God', but nowadays this would be the trick of a cheat, i.e., it would not be correctly understood."--Ludwig Wittgenstein
"Life can only be understood backwards, but it must be lived forwards."--Soren Kierkegaard
This is really just for the headline:
Why Beijing is not backing down on tariffs“Because they don’t have to?” (I mean, this ain’t rocket science.)
Adolf Hitler's “Mein Kampf” is still on U.S. Naval Academy shelves. “I Know Why the Caged Bird Sings” and “Memorializing the Holocaust” are not.
An order by Defense Secretary Pete Hegseth’s office led to a purge of books that are critical of racism — but preserved volumes defending white power.
North Carolina Governor Josh Stein said that FEMA will stop matching 100% of the money for Hurricane Helene recovery in North Carolina.
— Art Candee 🍿🥤 (@ArtCandee) April 12, 2025
Donald Trump’s administration refused Stein’s request to extend its 100% reimbursement period for another 180 days calling it “unwarranted.”… pic.twitter.com/rpFODwzxCL
RFK, Jr says vaccines cause disease, because the FDA is not to be trusted.Measles cases are now over 700.
— Art Candee 🍿🥤 (@ArtCandee) April 12, 2025
Bravo, MAGA.
🤦♀️
Malinowski: The point is all of these countries saw what happened and that he is the one who now desperately needs to strike dozens of deals with dozens of countries in 90 days to justify what he did to the American economy.
— Acyn (@Acyn) April 12, 2025
If I'm the European union and they see this, I would… pic.twitter.com/FC6ttay9on
Malinowski: The point is all of these countries saw what happened and that he is the one who now desperately needs to strike dozens of deals with dozens of countries in 90 days to justify what he did to the American economy.Uhhhh...
If I'm the European union and they see this, I would drive a very, very hard bargain right now. So these are not going to be great deals for the United States if they happen at all.
😈😈😈A lot of Trump’s allies over the past few days twisted themselves into pretzels trying to defend Trump’s tariffs on electronics and now they’re going to spend the next week explaining why exempting those products is the 'Art of the Deal’ https://t.co/cMLs779s2Y
— MeidasTouch (@MeidasTouch) April 12, 2025
And he shit his pants.Trump surrenders again. https://t.co/nyHlCbIrs0
— Ron Filipkowski (@RonFilipkowski) April 12, 2025
There was a professor in seminary who posted all manner of ads and comics on the wall outside his office door. Things like pictures of Jesus playing soccer with little blonde white kids, or the picture of Jesus I’m gonna post on Easter Sunday (no, I won’t show you yet!). And comics making light of several Christian doctrines, most of them both popularly held, and heretical. Pretty sure the State Department of Gilead would turn him out for displaying “anti-Christian bias” for his mockery of some people’s ideas of Jesus.I posted about this earlier, and it's been weighing on me since. Not only is this not something a true Christian should want, it's actually dangerous having people with certain theological beliefs policing other Christians. There's nothing biblical-or even American-about this. https://t.co/khFzysofHI
— Jennifer Erin Valent 🇺🇦🇺🇸 (@JenniferEValent) April 12, 2025
Or something? Because it’s been at least 48 hours in “regular time” since she said that.Bondi: "Within the next 24 hours you're going to be seeing another huge arrest on a Tesla dealership, president. And that person will be looking at at least 20 years in prison with no negotiations." pic.twitter.com/I6OHQNVvS4
— Aaron Rupar (@atrupar) April 10, 2025
An alert sent out to shippers from U.S. Customs and Border Protection "notified users of a glitch in the system that is used to exempt freight from tariffs, including shipments from China that were already on the water at the time of this week’s whipsaw in tariffs policy, and any trade from nations now under the 90-day pause put in place by the Trump administration," reported Lori Ann LaRocco. "The alert explained that U.S. Customs discovered that the entry code for U.S. shippers to use to have their freight exempted is not working and 'the issue is being reviewed.'"Well, the bond market is still completely fucked, and merchants still don’t want to place orders for Xmas because they have no idea what inventory will cost when it arrives, so…
"Normally, when a U.S. importer pays for their freight, they file both the cargo release forms and their financial papers, so they can pay for their cargo. To keep the cargo moving, Customs is advising importers to file the cargo release form now, and file the financial form later, once the glitch is corrected," said the report. "For now, that means the tariffs are not being collected by the U.S. government."
I didn’t know Walter Reed could test for that.Trump: I’m in very good shape. Good heart. Good soul. Very good soul pic.twitter.com/W0p7EjJcC3
— Acyn (@Acyn) April 12, 2025
Congratulations, you did. No one can believe what you’ve done to the economy.Reporter: How concerned were you about that bond market and to what extent did that play a role?
— Acyn (@Acyn) April 12, 2025
Trump: A lot of people say it was that. Nah
Reporter: What was it?
Trump: I want to put the country in an unbelievable economic position pic.twitter.com/TM8eVu8WLe
Uh-huh.Trump: The bond market is going good. It had a little moment but I solved that problem very quickly. I am very good at that stuff pic.twitter.com/VPaUoQrLqf
— Acyn (@Acyn) April 12, 2025
The bond market sell-off escalated Friday to cap off one of the most volatile and unusual trading weeks in recent memory as President Trump's tariff whipsaw sent yields surging and investors fled safe haven assets.The bond market is almost literally shitting bricks. What was that cognitive test again?
Long-term Treasury yields skyrocketed, with the 10-year yield (^TNX) surging to its highest level since February to trade as high as 4.59%, a massive 72 basis point swing from Monday's low of 3.87%. Shortly after the closing bell, yields pulled back to around 4.49%.
Sure you did.Reporter: Can you tell us about the test? Was it Man, Woman, Person, Camera, TV?
— Acyn (@Acyn) April 12, 2025
Trump: It’s a pretty well known test. Whatever it is. I got every one right pic.twitter.com/SZcEswIWi4
Nobody understands what you’re doing because it doesn’t make sense and you can’t explain it and you change it every 24 hours. Besides:Trump: We’re always going to be the currency of choice as long as you have somebody smart.. When people understand what we’re doing, I think the dollar will go way up. It’s going to be stronger than ever pic.twitter.com/QSQC9VHCFO
— Acyn (@Acyn) April 12, 2025
The mighty dollar, ordinarily a safe haven during times of market-based stress, is falling apart, and its ongoing year-to-date slide is pointing to a much bigger problem for all U.S. assets.Gee, why all those “coinciding moves” at once?
That’s because the weakening greenback has been accompanied by a dramatic selloff in U.S. government debt and whipsaw action in all three major stock indexes on Friday, following a historic rally and big selloffs in equities over the past week. Such coinciding moves — falling dollar, bonds and equities — like the ones seen recently are “rare, ugly and worrying,” according to a team at Evercore ISI, a research arm of New York-based investment-banking advisory firm Evercore.
Why does she still have a job?Trump’s education secretary referred to artificial intelligence as “A1”—like the popular steak sauce—instead of “AI” during a panel on AI in education.https://t.co/iiCBVEEuGY
— The Daily Beast (@thedailybeast) April 10, 2025
Adding:Delusional. pic.twitter.com/ol3M3ghH9B
— Art Candee 🍿🥤 (@ArtCandee) April 11, 2025
CNN's Boris Sanchez asked anchor Jim Sciutto about his "perspective" on how the White House was handling the situation, specifically the fact that Trump is demanding Chinese leader Xi Jinping reach out first for a phone call, and not the other way around.There is no strategy. There is only Trump’s gaping maw of need.
"Can you get any more high school in matters of state? It's ridiculous," Sciutto scoffed, while anchor Brianna Keilar mocked, "He's gotta call me, Jim!"
Sciutto continued, "The Chinese impression is that they are willing to at least negotiate — not necessarily on Donald Trump's terms — but to talk. But their impression is that the U.S. is not open channels and not made an effort to open up channels to allow that. So, now you have the U.S. president saying, 'Well, you know, I'm not going to open those channels, China has to open them first.' It's kind of ridiculous at the end of the day, because you are playing with the interests of of American consumers, Chinese consumers, et cetera."
Sciutto added that in President Xi's statement, he claimed China would not go higher than 125 percent "because this is getting a little ridiculous."
"That's both a signal to say we're not going to get caught up in this tit-for-tat to the degree that the president is, but it's also an opening to say, okay, we're are capping this for now, and that perhaps offers a way forward that we could begin talking about how to bring these down," Sciutto said.
He added that China doesn't want to be seen as "kowtowing" to the West, "so, the browbeating is not a great diplomatic strategy."
DOGE staffer Antonio Gracias told "Fox & Friends" on April 2 that more than 5 million noncitizens who came to the U.S. illegally had received Social Security numbers "through an automatic system," and he then claimed they had then been added to voter rolls and cast ballots – which is already a federal crime and virtually nonexistent, reported NPR.I’m old enough to remember when outrageous allegations had to be supported by evidence. Apparently I have lived too long.
"Just because we were curious, we then looked to see if they were on the voter rolls. And we found in a handful of cooperative states that there were thousands of them on the voter rolls and that many of them had voted," Gracias said.
Or: “Fraud, Waste and Abuse” Theater: 🎭
Politico has this piece on th absurdity of trying to negotiate 75 bulateral teade deals in 90 days. But the piece wildly understates the problem. Trade deals are laws. They have to pass congress. https://www.politico.com/news/2025/04/10/bessent-global-trade-showdown-00285810Any minute now Trump is going to announce a “trade deal” with China, hoping the bond markets notice. He really doesn’t care about Congress. He’s used to sole proprietorships. He doesn’t understand government at all.
2/ Trump may not think so. But the other countries certainly do. Is any country going to reorient their trade with the US based on a promise from Donald Trump. In fact it goes even beyond that. Remember NAFTA, which Trump remade into USMC. That’s torn to shreds.
3/ Any trade deal with the US is basically meaningless as long as Donald Trump isn’t in prison.
Trump is gonna ban the word “tariff.”Some businesses now showing the “Trump Tariff Fee” on their bills to customers. pic.twitter.com/LMm3uKDWiU
— Ron Filipkowski (@RonFilipkowski) April 11, 2025
I’m sure this is all part of Trump’s master plan. 4D chess. https://t.co/hfTPOoFvxQ
— Ron Filipkowski (@RonFilipkowski) April 11, 2025
Or is this the “pain” he keeps talking about?HAPPENING NOW
— MeidasTouch (@MeidasTouch) April 11, 2025
📈 EURO AND YEN SURGING
⚠️ US DOLLAR FALLING
⚠️ STOCK FUTURES CRASHING
⚠️ BOND MARKETS IMPLODING
⚠️ 10YR TREASURY YIELD SOARING
Probably another thing the geniuses currently running our government didn’t anticipate. The only question remaining is what excuse Trump will give for his next capitulation while declaring victory. We are so screwed with these morons. pic.twitter.com/cTzsplOM7d
— Ron Filipkowski (@RonFilipkowski) April 11, 2025
All the MAGA moronic hot takes yesterday were about how Trump supposedly outmaneuvered Xi and China would be forced to surrender to the Orange Dipshit. They are far better prepared for a trade war than these incompetents in the WH, and are showing that now. pic.twitter.com/MRfyeyXvkR
— Ron Filipkowski (@RonFilipkowski) April 11, 2025
Who didn’t see that coming?Trump take egg https://t.co/s4MWxrEVRL
— Aaron Rupar (@atrupar) April 11, 2025
My wife received social security benefits from childhood through college. Her father died when she was about a year old. Her sister and brothers received the same benefits.Jeanine: We found out there are people who are between the ages of one and four who are getting social security
— Acyn (@Acyn) April 10, 2025
Jessica: That's the benefit for kids whose parents are dead. pic.twitter.com/DnGn4GXGD6
I’m only surprised this guy doesn’t work for the White House already. On the other hand:Watters: What that does to China, it collapses their economy. Mass unemployment. And then possibly the regime gets toppled. So if they don't want their regime getting toppled, they have to cut a deal with us pic.twitter.com/8a047cECy3
— Acyn (@Acyn) April 10, 2025
He’s not as stupid as this.Jeanine: They say it is stock manipulation, but how is it stock manipulation when trump says at 9:17 in the morning, you know, everybody buy, and it isn't until four hours later that he takes the pause pic.twitter.com/5S4T1Cmkn6
— Acyn (@Acyn) April 10, 2025
After that we’ll know what has caused the stupidity epidemic in this administration. Oh, wait…RFK JR: By September we will know what has caused the autism epidemic and we will be able to eliminate those exposures pic.twitter.com/vkA5VAdX9E
— Acyn (@Acyn) April 10, 2025
Just using that to quote this response to the Speaker’s remarks (remarks as empty and groundless as Elmo and DOGE denouncing “waste, fraud and abuse” without ever producing any evidence of it):Mike Johnson on Medicaid: "What we've talked about is returning work requirements ... you return the dignity of work to young men who need to be out working instead of playing video games all day. We have a lot of fraud, waste, and abuse in Medicaid." pic.twitter.com/2ZjaLrh2bg
— Aaron Rupar (@atrupar) April 10, 2025
“Of course, nothing says ‘dignity’ like ripping healthcare away from poor people based on outdated, classist stereotypes,” wrote Wall Street investment banker Evaristus Odinikaeze. “Young men on Medicaid aren’t ‘playing video games all day,’ they’re often underpaid, overworked, or struggling in a rigged economy. This is just MAGA cruelty dressed up as moral judgment.”And beyond that, like the Administration, no one responsible really cares about the cinsequences.
Annie Shoup of the nonprofit Protect Our Care wrote: “We know that people on Medicaid who are able to work already do. This will only hurt people and prevent them from getting the health care they deserve, including caregivers who are staying at home caring for family members.”As I said about secular morality (this can’t be called Christian morality except in the sense it was uttered by a Christian), it doesn’t ask the question of Christian morality so succinctly put by Tolstoy: “Hiw should we then live?” This secular amorality only asks: “Who’s in charge?” And immediately answers its own question: “We are. So fuck you!”
The organization Social Security Works added, “Medicaid pays for two-thirds of nursing home care in America. That’s what Mike Johnson wants to rip away from seniors and people with disabilities.”
Economic uncertainty update:
The thing about veering wildly between policy positions, favouring and then discarding a new maverick advisor each week, and using contradictory justifications at every turn, is that even if one particular pivot is in the direction of sanity, chaos is the constant.
I’m warming myself up to revisit a post from 15 (!) years ago (!!). (Then, as soon-to-be, an Easter Sunday thing.) So I’m going to start with this comment as a springboard:
Strangely, I keep going back to the gospels with more interest (trying to improve my Greek and trying to pick up enough Aramaic to get through the Peshitta over the next decade), but the various "quests" to explain what really happened now leave me cold and uninterested.Now, Rick is my grate gud friend from ancient of days (more ancient by the day. I’m still in touch with four people who are not family who I’ve known longer than my wife, and I’ve known her for over 50 years.), and I’m not starting an internet row with him. I sympathize with him, even as I maintain my regard for Bultmann and Crossan and my seminary professors. Which takes me to my first story.
For that reason I suppose I should thank my lucky stars I'm not a clergyman feeling like he has to somehow mediate all those scientific findings on the gospels to his charges to avoid being thought magical.
As it happens, I was reading from Meister Eckhart's outrageous, unimaginable commentary on Genesis from the first of the Classics of Western Spirituality series this morning on the bus, and I found him so much more compelling than our dour contemporary exegetes I had to wonder if I was just in terminal revolt against the reductionism and implicit cynicism of this age.
Trump on the Great Lakes: "I assume the lakes are all interconnected." pic.twitter.com/gXShNPBWaN
— Aaron Rupar (@atrupar) April 9, 2025
What day does he think it is?Trump: "The biggest increase in the history of the stock market. That's pretty good. If you keep going, you're gonna be back to where it was four weeks ago." pic.twitter.com/B8Q9QCQbbx
— Aaron Rupar (@atrupar) April 9, 2025
Trump still hasn't figured out political asylum and insane asylums are two different things pic.twitter.com/QkrjrVTw4M
— Aaron Rupar (@atrupar) April 9, 2025
Trump on his order pausing tariffs: "We didn't have access to lawyers. We wrote it up from our hearts, right?" pic.twitter.com/ogDDxiKOCO
— Aaron Rupar (@atrupar) April 9, 2025
It really is just ignorance all the way down.Trump on the market going back to below where it was last week: "I guess they say it was the biggest day in financial history." pic.twitter.com/M5K4jQ3eUs
— Aaron Rupar (@atrupar) April 9, 2025
So whither Trump’s tariffs now? Is he going to play this game of chicken over and over again? Or is he going to figure out changing the world is a bit more complicated than he thought?Trump surrendered again on tariffs after the bond market went nuts, which he and his advisers were too stupid to foresee, then he was unable to get House Republicans to agree on a budget deal even after it was brought to the floor for a vote, while claiming victory the whole time
— Ron Filipkowski (@RonFilipkowski) April 10, 2025
Stocks rose after Trump partially pulled back on tariffs, recovering most of the losses his tariff announcement caused, but bonds did not.And so are the tariffs:
US Treasuries calmed after Trump pulled back, but didn't recover recent losses.
The global loss of trust in the US, and the safety of US assets, remains.
TL;DR: The new U.S. tariff rate against our two largest trading partners is either 10%, 25% or 35%, and so far no one I've reached out to at the White House is able to tell me which.As well as the gross incompetence of the Administration.
I know this is woke DEI, but could we have a national economic policy that's something other than the minute-by-minute whims of a deranged and malevolent old man?And we’re only three months in.
Sure, Kamala Harris would have have preserved our global power and domestic prosperity. But she would have done so as a Black woman.And the majority of American voters.
by Pete Hegseth and Stephen Miller
I thought Stephen assured us such people would be removed instanter, no courts involved.Oh.
— Art Candee 🍿🥤 (@ArtCandee) April 10, 2025
The Justice Department is seeking to drop its criminal case against a Virginia man Pam Bondi accused of being the "East Coast leader" of the MS-13 gang.
Bondi referred to Henrry Villatoro Santos as "one of the top members and head of the East Coast" of MS-13. pic.twitter.com/ci0FLsXZxY
And if it were to pass the House and the Senate and Trump signs it, the courts would declare it unconstitutional ASAP. And then what? Cut their funding? Oh, wait….Separation. Of. Powers.
— Art Candee 🍿🥤 (@ArtCandee) April 9, 2025
Mike Johnson is appalling. pic.twitter.com/UwSukfgpPD
They do? She said that? Does she know what they are?Pronouns aren’t real? pic.twitter.com/QzCVnFNabT
— Ron Filipkowski (@RonFilipkowski) April 10, 2025
So close, and still so far away….That’s because there weren’t any. pic.twitter.com/rD1C3r7Pie
— Ron Filipkowski (@RonFilipkowski) April 9, 2025
So...planned. It certainly makes this discussion a lot more credible.The Trump White House, two days ago. pic.twitter.com/0jFI6uzzXF
— Ron Filipkowski (@RonFilipkowski) April 9, 2025
But this doesn’t:It’s obvious that people were tipped off about Trump’s announcement and made a killing off it.
— Matt McDermott (@mattmfm) April 9, 2025
Crimes are being committed in broad daylight. https://t.co/C3xawCGRVK
“Henry..." is how Trump opened the call before launching into the conversation, according to two sources who were not authorized to discuss private conversations.Talk about the gang that couldn’t shoot straight. It’s the little things that throw light on the big things. Like this:
It was then that McMaster knew this familiar voice was indeed Mr. Trump. But he also realized something else: the commander-in-chief had not intended to call him at all.
McMaster goes by H.R., short for Herbert Raymond. Not Henry.
"Mr. President, this is H.R. McMaster," he said into the phone.
"Why the f*** would I talk to H.R. McMaster?" Trump asked dismissively, and then Trump launched into a scathing critique of his former aide, two sources said.
The call was brief.
Two sources told CBS News that the president intended to call South Carolina Governor Henry McMaster, not his former national security adviser.
It is unclear who bears responsibility for dialing the wrong McMaster. According to one person familiar with the call, the call was placed by an aide who works with the president.
So close, yet again so far away.CNBC comes right up to the line of flat out asking Lutnick if Trump is manipulating markets with his posts pic.twitter.com/PvzI1W9T3N
— Aaron Rupar (@atrupar) April 9, 2025
Pee Wee German said last night the global tariffs were the greatest economic strategy ever. Now reversing them is. pic.twitter.com/8x32JzXDcR
— Ron Filipkowski (@RonFilipkowski) April 9, 2025
“Queasy"?Reporter: Did the bond market persuade you to reverse?
— Acyn (@Acyn) April 9, 2025
Trump: I was watching the bond market. It's very tricky. If you look at it now it's beautiful. The bond market right now is beautiful. But I saw last night where people were getting a little queasy. pic.twitter.com/1WIpOsG8y2
What happened in the bond market overnight, the spike in yields on the 30-year and the 10-year bond, which showed that people were dumping our bonds," he noted. "And from what I understand, this is what forced the hand of this 90-day reprieve now."It wasn’t people getting queasy. It was a person. Somebody told him he was meddling with primal forces:
"It's the bond market and the sort of lending markets that's the plumbing of the economy and those markets were imploding last night and that's why we have a 90-day freeze."
"So I consider, I think in financial markets, because they've changed, look how much it changed today," he added. "We went from, you know, pretty moderate today, but over the last few days it looked pretty glum, to, I guess they say it was the biggest day in financial history. That's a pretty big change."
Nobody said that.
The Dow is still down over 3000 points from when Donald Trump took office.
— Art Candee 🍿🥤 (@ArtCandee) April 9, 2025
So. Much. Winning.
🙄
The one additional thing to mention is why this happened. Every sign is that it was not about the equities markets but rather the bond market, where the demand for US Treasury bonds seemed to be softening as the global economy moved into crisis. That defies all the rules of the 21st century global economy. It means either something very, very bad or something armageddonly bad. The first is that banks and hedge funds and other big financial muckety-mucks were under so much cash-crunch stress that they were forced to liquidate Treasuries at any price. That points to a real danger of being on the precipice of a 2008-style financial crisis, albeit with very different drivers. The other possibility was that global buyers were losing the confidence in US Treasury debt itself which is basically the sheet anchor of the modern global economy. Take that away and things get much worse for the United States and our global primacy starts to evaporate.I’ve seen the 2008 financial crisis used as the benchmark for “bad.” I’m pretty sure that would be good compared to the darker scenarios involving a collapsing bond market.
Sen. Rand Paul (K-Y) on Trump backing off on reciprocal tariffs for 90 days:
— bryan metzger (@metzgov) April 9, 2025
“I think that the marketplace has spooked them.”
“Hopefully there'll be some people talking some sense into the policy and being less extreme,” he added. “There should be a learning curve here. When…
Sen. Rand Paul (K-Y) on Trump backing off on reciprocal tariffs for 90 days:Assumes a level of rational thought not in existence.
“I think that the marketplace has spooked them.”
“Hopefully there'll be some people talking some sense into the policy and being less extreme,” he added. “There should be a learning curve here. When you add a bunch of tariffs, you lose 6 trillion in the marketplace. When you get rid of the tariffs, guess what? It comes bounding back.”
Much better. Kissing the king’s ass always seemed to be the entire point of the drill.Trump claims so many countries called him kissing his ass that he will just forget the big tariff rollout that was suppose to transform and rejuvenate our country by bringing manufacturing jobs back. He claims people kissed his ass, so forget all that. pic.twitter.com/AVzkJiRVZY
— Ron Filipkowski (@RonFilipkowski) April 9, 2025
Of course, that was always a predictable consequence.The credibility of the US government is completely shot.
— Ron Filipkowski (@RonFilipkowski) April 9, 2025
Gone.
Annihilated.
Nobody anywhere in the world can believe a single word that comes out of this Administration.
Ever.
Well, you could be this guy 👇OUR PLAN IS WORKING PERFECTLY AND IS JUST A NEGOTIATING TACTIC BUT IT IS ALSO GOING TO BE PERMANENT AND WE WILL BE THE WORLD LEADER IN TEXTILES AND NOW THERE IS A PAUSE AND EVERYONE NEEDS TO CHILL BUT ALSO WE WILL NEVER BACK DOWN AAAAAAHHHHHHbe this gu
— Brian Schatz (@brianschatz) April 9, 2025
He knew who he was working for.HEARTBREAKING: Man discovers he has to backpedal on a policy he just spent over 4 hours defending https://t.co/0AvdD3XVHL
— Ways and Means Democrats (@WaysMeansCmte) April 9, 2025
Pre-fab and you just roll ‘em up and plug ‘em in, right?What is Donald Trump smoking?
— Art Candee 🍿🥤 (@ArtCandee) April 9, 2025
The majority of production for Apple, especially for iPhones, remains in China, with additional manufacturing in countries like India and Vietnam.
Also, "electrical/energy hook ups?"
This man is so far gone. pic.twitter.com/nReV3lTV5v
...how many Americans are going to be happy about their drug prices going up and their insurance coverage going down.About 2/3 of brand name drugs, and 80% of generic drugs, are manufactured outside the US. So when tariffs are placed on pharmaceuticals, the US government, and America’s patients (who already pay much more than Europeans for the same meds) will pay even more. Genius. https://t.co/FyuSJYoYCY
— Jonathan Reiner (@JReinerMD) April 9, 2025
You really, really don’t.Trump: I know what I’m doing pic.twitter.com/pa8v7bXksc
— Acyn (@Acyn) April 9, 2025
And yet he’s insisting they all lower their trade deficits with America to zero, because he’s an idiot. He might as well be asking them to change the gravitational constant of the universe. They won’t be kissing his ass; they’ll be marveling at how such an ass became POTUS.The guy is pathologically convinced he cannot be wrong. I’m sure that means this is all going to go swimmingly https://t.co/V6JVQ6e8nU
— Sky Marchini (@rhcm123) April 9, 2025
He really doesn’t have a clue what he’s doing, does he? Maybe he thinks the market is a giant valve as big as this room….It looks like they are really doing this. Wow this is nuts. pic.twitter.com/7KB57rzw7w
— Ron Filipkowski (@RonFilipkowski) April 8, 2025
Well, Trump does lead the world in the manufacture of bullshit.an angry, twitching Stephen Miller yells on Fox News that Trump will "make American the manufacturing capital of the world" pic.twitter.com/zRPcymBp6k
— Aaron Rupar (@atrupar) April 8, 2025
The Centralia coal fire has entered the chat.Trump: "Coal is the single most reliable, durable, secure, and powerful form of energy ... it's almost indestructible. You could drop a bomb on it and it's gonna be there for you to use the next day." pic.twitter.com/LIZcSfhAMk
— Aaron Rupar (@atrupar) April 8, 2025
Grandpa’s off his meds again.Trump: "When I say do it, they do it, right? We actually had to do some pretty strong things to get them to open it up. Think of this -- they had all that water pouring out right into the Pacific. They had a big valve, like a giant valve as big as this room." pic.twitter.com/5dONQuDepp
— Aaron Rupar (@atrupar) April 8, 2025
I’m a little surprised he doesn’t take credit for making the rain fall that ended the fires. But it’s actually scarier that he thinks this is what did it.Trump: California where they have blackouts all the time. They have blackouts and brownouts at levels that nobody has ever seen before.. I released billions of gallons of water going again from upstate California pic.twitter.com/vUopW0xnCA
— Acyn (@Acyn) April 8, 2025
Another emergency docket #SCOTUS win for Trump—albeit on incredibly narrow grounds in the OPM probationary firings case.This is a very narrow ruling and, IMHLO, standing is merely the toehold the Court uses to rule in favor of the application at all. My sympathies, as ever, are with KJB’s reasoning. I think the Court should have left this for regular order in an appeal from a final decision. The fact the Court is taking these applications at all shows more deference (or even bias) than any other party would be given.
Majority holds that at least some of the groups who got the injunction here likely don’t have standing.
But this leaves other injunctions in place and says nothing re: merits.
I don’t agree with (or even less relevant, approve) if the majority opinion in Trump v J.G.G. But any legal analysis of that opinion that doesn’t even mention the APA is not worth the paper it’s printed on.
Internet armchair lawyers are the worst.
Professor Vladeck puts the matter far more cogently:
And that leads me to my last point: This isn’t any old case; it’s the case in which the government has come the closest to outright defiance of a court order (something Chief Judge Boasberg is still in the middle of adjudicating). And it’s the case that led President Trump to call for the impeachment of a sitting federal judge for doing nothing other than rule against him (a statement that led to a surprisingly quick and aggressive rebuttal from Chief Justice Roberts). Not two weeks later, here’s Roberts providing the decisive vote to hold that, in fact, the case shouldn’t have been before that judge (or that court) in the first place, without even a hint that any of the government’s (profoundly disturbing) behavior in this case warrants any reproach. As Justice Sotomayor concludes her dissent, “The Government’s conduct in this litigation poses an extraordinary threat to the rule of law. That a majority of this Court now rewards the Government for its behavior with discretionary equitable relief is indefensible. We, as a Nation and a court of law, should be better than this.”Supreme Court opinions are lawyers talking to lawyers, because appellate opinions are decided on points of law (or should be). Trial court opinions are usually lawyers talking to lawyers and lay people, because those opinions have to find the facts and apply the law. Every legal ruling is a matter of how the facts and the legal reasoning lead to the conclusion. The conclusion is important; but the legal reasoning is just as important.
That the Court is not, in fact, “better than this” may come as little surprise to folks who have come to view everything this Court does with cynicism. For as harsh a critic of the Court as I’ve been, especially with respect to its behavior on emergency applications like these, it still surprises me. And it opens the door to the alarming possibility that the Court is not, in fact, ready to accept how profound a threat the Trump administration poses to the rule of law—not because the Court is upholding what the government is doing, but because a majority of the justices are willing to let the government win on procedural technicalities in contexts in which the real-world costs are increasingly severe. It’s not too late for the Court to reverse this pattern. But it’s getting late quickly.
The au courant intertoobs nightmare is Trump directing the military to take Greenland by force. So, does this mean he’s going to just send troops to Gaza and set up military shop there?Trump: "You know how I feel about the Gaza Strip. I think it's an incredible piece of important real estate. And I think it's something that we would be involved in. Having a peace force like the US there controlling and owning the Gaza Strip would be a good thing ... you call it… pic.twitter.com/qZdxI91B3O
— Aaron Rupar (@atrupar) April 7, 2025
What could go wrong?Donald Trump on Gaza:
— Art Candee 🍿🥤 (@ArtCandee) April 7, 2025
"The US there controlling and owning the Gaza Strip would be a good thing."
Where are all of those Jill Stein voters today?pic.twitter.com/9m36LkRT9x
Well, until the habeas petitions around the country get you on a new court docket for every individual detained. The trial court had provisionally certified a class, which would put them all in one court, on one docket. You’ve lost that, now. Enjoy.Stephen Miller says The Supreme Court Ruling means they will now have maximum authority to: find and remove illegal gang members from Venezuela… pic.twitter.com/kabAKgDgMh
— Acyn (@Acyn) April 8, 2025
Same answer. All the detainees under Boasberg now are allowed habeas proceedings on new dockets, in the districts of confinement. In the immediate case, that’s Texas (Southern District, I assume, but I can’t be sure). The Court also required notice, after the date of their order, to give each detainee time to request habeas proceedings. I foresee litigation on how much time is “enough,” so I don’t think those detained are on the first plane to El Salvador. This is going to be in the courts for awhile yet.We now know that dozens of them have zero criminal records, no gang affiliations, and had active court dates.
— Sawyer Hackett (@SawyerHackett) April 8, 2025
Also the court didn’t rule that he was right—or even that he’s not breaking the law. https://t.co/zqllbPym2o
Don’t criticize people as “dumb” by saying dumb things:
The administration is a perfect storm of dumb people who enjoy inflicting pain and are addicted to psychotic cruelty and quadrupling down. It ends in total ruin if you don't impeach him.In the history of the country, no President has ever been removed from office. Nixon resigned, which just proves the rule. The way to end this Administration lies in the hands of Congress (not impeachment), and through the courts.
Donald Trump’s hefty new tariffs represent an unprecedented shock to the economy, and they are being accompanied by policies that run directly counter to the goal of promoting American economic dominance.Because Trump is taking orders from Putin? Or because Trump is an idiot surrounded and supported by idiots? I’m pretty sure signs point to the latter.
“Bessent’s view was, ‘The markets will keep melting unless you shift,’” one person familiar with the conversations told the outlet. “You’re not going to abandon the policy, but you have to talk about negotiating and what the endgame is.”And so Trump did. His goal is an absolute balance of trade between the U.S. and all the countries of the world (well, except Russia. He’s fine with Russia).
Trump was wrong in the ‘80’s, and hasn’t learned anything since.The “trade imbalance” with Japan in the 1980s came about with the rise in popularity of Japanese cars. That set off a wave of beneficial Japanese investment in America. The imbalance went away with a minor adjustment of the dollar/yen exchange rate. https://t.co/1ujqOfhNtJ
— Michael Dominowski (@dominowski) April 7, 2025
Well, we can’t have that!the Dow turns positive as CNBC talks about reporting that Kevin Hassett is saying Trump is considering a 90 day pause on tariffs for all countries other than China pic.twitter.com/ODJOsGVqWU
— Aaron Rupar (@atrupar) April 7, 2025
The Dow quickly went back below its open. Seems the market was desperately seeking rationality:White House says it is “fake news” that they are considering a 90-day pause on tariffs. pic.twitter.com/anO8rRJ7wD
— Ron Filipkowski (@RonFilipkowski) April 7, 2025
This is the timeline of what happened that moved FOUR TRILLION DOLLARS on the market just now:
— Doug Landry (@dougblandry) April 7, 2025
1) Kevin Hassett gives an unremarkable Fox interview at 8:24 a.m. ET
2) @atrupar clipped it, as he does, at 8:33 a.m. ET (and it gets not much notice)
3) @DeItaone "misinterprets"… pic.twitter.com/AC72czRCbv
This is the timeline of what happened that moved FOUR TRILLION DOLLARS on the market just now:
1) Kevin Hassett gives an unremarkable Fox interview at 8:24 a.m. ET
2) @atrupar clipped it, as he does, at 8:33 a.m. ET (and it gets not much notice)
3) @DeItaone "misinterprets" it at 10:13 a.m. and tweets the white house considering a 90 day pause
4) Market pops 7-10%
5) WH denies
6) @DeItaone claims the news is sourced to reuters and he deletes the original tweet
I would say Trump is acting with the authority of a stupid person who doesn’t understand complexity, and just wants to take a hammer to it.Trump is handling the global economy with the recklessness of somebody playing a low-stakes poker tournament with their buddies six beers deep pic.twitter.com/rvkgBSuQLd
— Aaron Rupar (@atrupar) April 7, 2025
(It’s almost entertaining watching Trump’s most sycophantic courtiers try to defend Dear Leader’s obvious incompetence. Fox Business News seems to be doing it by…ignoring business news.)I refuse to believe he is this stupid. He has to be intentionally and knowingly lying. pic.twitter.com/TNfDdSnb4w
— Ron Filipkowski (@RonFilipkowski) April 7, 2025
Pete Navarro as the Voice of Sauron:
"Zero tariffs, that means nothing to us because it's the non-tariff cheating that matters!" he insisted. "They sell us $15 for every $1 we sell them. About $5 of that $15 is China trans shipping to Vietnam to evade their tariffs."Meanwhile, Trump whistles past the graveyard.
In reality, a country running a trade surplus with another country is not "cheating" that country. Rather, it is a reflection of the fact that the country with the trade deficit buys more overall goods from the country with the surplus than vice-versa.
Regardless, Navarro told CNBC that "any country that wants to come to talk to us, talk to us about lowering your non-tariff barriers."
Navarro then went on to cite examples of other nations' value-added taxes on goods as an example of stealth tariffs placed on American goods despite the fact that VATs apply to both foreign and domestically produced goods and thus do not penalize American products..
This asshole is now pretending like he didn’t spend 4 years in office already. pic.twitter.com/CdsL2vU02L
— Art Candee 🍿🥤 (@ArtCandee) April 7, 2025
One man just wiped out $10 trillion in wealth, is destroying centuries-old legal protections, and seems determined to unravel humanity’s greatest public health achievement. In 3 months.JMM:
I don’t know how we get out of this. But if we do, one person can never have that kind of power again.
This is a big deal. Spread the word. But it’s tiny compared to the totality of what’s happening at NIH. Cure Research for all cancers, Alzheimer’s, everything is being gutted. Intentionally. It’s all getting burned to the ground but the news isn’t getting out. The new cures won’t be there for you.I can sort of understand world trade as Trump’s white whale. It’s complicated, he’s stupid, and anything complicated a stupid person is wont to destroy. And as I type those words I realize that’s the explanation. Government is complicated, so he’s going to destroy it. Destroying medical research is not the goal, it’s just collateral damage.
Investors were surprised first by the magnitude of certain rates applied to trading partners that appeared to be based on a formula without a valid rationale based on established economic theory. They were rattled further when China on Friday decided to retaliate first with a 34% tariff on all U.S. imports, instead of negotiating.That was last week. Then Trump quit playing golf:
Investors did not receive the news over the weekend they were wishing for that the Trump administration was having successful negotiations with countries to lower the rates, or at the very least, was considering delaying the set of so-called reciprocal tariffs due to take effect April 9. The initial unilateral 10% tariff went into effect Saturday.Dow futures are down 1600 points on Sunday evening. The Dow dropped over 2300 points on Friday. Monday is already saying: “Hold my beer.” 🍺
Instead the president and his key advisors played down the sell-off:
Trump said Sunday evening on the market sell-off: "I don't want anything to go down, but sometimes you have to take medicine to fix something."
Trump added, "We have a trillion-dollar trade deficit with China, hundreds of billions of dollars a year we lose with China. And unless we solve that problem, I'm not going to make a deal."
Commerce Secretary Howard Lutnick told CBS News that the tariffs would not be postponed. "The tariffs are coming... They are definitely going to stay in place for days and weeks."
Treasury Secretary Scott Bessent noted to NBC News that more than 50 countries have approached the administration for negotiations, but cautioned "they've been bad actors for a long time, and it's not the kind of thing you can negotiate away in days or weeks."
5:50 pm PST:
Japan’s banking sector in free fall.
Complete meltdown across all major financial institutions with 14-17% drops not seen since 2008 financial crisis.
Miller: Congress… they have the authority to fund or not fund these courts. Congress has to step up here pic.twitter.com/x4ZEirEJd4
— Acyn (@Acyn) April 7, 2025
The judicial Power of the United States, shall be vested in one supreme Court, and in such inferior Courts as the Congress may from time to time ordain and establish. The Judges, both of the supreme and inferior Courts, shall hold their Offices during good Behaviour, and shall, at stated Times, receive for their Services, a Compensation, which shall not be diminished during their Continuance in Office.
No notes.Trump: Everything was good and then when this numbskull got in.. bad things happened to our country pic.twitter.com/tSQC9FSmj4
— Acyn (@Acyn) April 7, 2025
"Business is a confidence game”? Pretty sure he meant “business requires confidence, i.e., trust. The one thing about business Trump is incapable of understanding. Ironically, also the fundamental thing government, through law, helps establish. Follow the laws, business thrives, trust is reliable and, when it isn’t, enforceable. Through government.A-friggin’-men, Rep. Swalwell!
— Art Candee 🍿🥤 (@ArtCandee) April 6, 2025
I’m tired of these hacks like Bill Ackman and Andrew Yang who enabled Donald Trump and helped elect him now screeching about tariffs.
Peak FAFO. pic.twitter.com/lg4dyIRcwU
Crypto is tanking today.
— Art Candee 🍿🥤 (@ArtCandee) April 6, 2025
Thanks, Donald Trump! pic.twitter.com/skm29ajOeF
Hmm...maybe crypto is not…trustworthy?The price of Donald Trump's sh*tcoin fell off a cliff.
— Art Candee 🍿🥤 (@ArtCandee) April 6, 2025
Love this for him and his investors.
🍿 pic.twitter.com/RZXCjA15Rx
Um...okay. And how are we defining "strong"?Trump: What’s going to happen with the market, I can't tell you but I'll tell you how our country has gotten a lot stronger pic.twitter.com/6YazvoRIDf
— Acyn (@Acyn) April 6, 2025
Ok, he thinks he's strong.Trump: Just so you understand the power of what I'm doing. Every country is calling and being very solicitous of us and being very nice pic.twitter.com/roJAl3kiEg
— Acyn (@Acyn) April 7, 2025
See?Reporter: Have you talked to any tech leaders over the weekend about tariffs.
— Acyn (@Acyn) April 7, 2025
Trump: I've talked to the biggest in the world. I talked to the biggest of them all, many of them. You know what they said? We don't blame you.
Reporter: Who did you talk to?
Trump: I don't want to… pic.twitter.com/cny7QpwTin
And that is what he told them.Trump: I spoke to a lot of leaders European, Asian from all over the world, they are been dying to make a deal. But I said we’re not going to have deficit with your country. We’re not going to do that because to me a deficit is a loss pic.twitter.com/tIv6RAlfnu
— Acyn (@Acyn) April 7, 2025
(The companies are coming because of Biden. No company would make such a major decision and be ready to act on it within 24 hours, as Trump suggests. The very idea is delusional.)Trump: We have chips companies coming in.. Biden had nothing coming in. This was a dead company. This was a dead country with Biden. He didn’t know what he was doing pic.twitter.com/tK1w9k9b8H
— Acyn (@Acyn) April 7, 2025
Trump: I was elected on this. This was one of the biggest reasons I got elected. We’re going to put tariffs— we’ve already put them on. It’s not a question of we will. Those tariffs will make us one trillion dollars pic.twitter.com/ilDdmqUxmx
— Acyn (@Acyn) April 7, 2025
He’s really not very good at math. And all he really knows is that “a trillion” sounds like a lot; and enough to be impressive.The U.S. stock market has lost $10 trillion of market capitalization as of April 4 due to Trump's tariffs. https://t.co/3iMQ2RIyKi
— MeidasTouch (@MeidasTouch) April 7, 2025