Trumpwatch 2.0

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I had sex last night.

Lucky bastard.

It was nice to get fucked a different way.

I imagine… my hats off to you sir.

Meanwhile the Treasury Department has now given Musk and his DOGE team access to the Federal Payment System.

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And the tariffs on Canada have been paused for 30 days as more cooperation on the border has been promised by Canada during a call with Trump.

[TC Talks]

He won't get to do this too many times. My Canadian friends want liquor.

President Trump and the leaders of Mexico and Canada struck last-minute deals on Monday to postpone the imposition of hefty tariffs on goods exported to the United States, averting at least temporarily a damaging trade war that would roil North America and the global economy.

Canada’s prime minister, Justin Trudeau, after speaking twice by telephone with Mr. Trump, said U.S. tariffs on his country’s goods would be postponed by 30 days as negotiations on a border deal took place. That announcement came hours after Mexico negotiated a similar delay, agreeing to send thousands of troops to the U.S.-Mexico border.

The frenzy of last-minute maneuvering demonstrated Mr. Trump’s willingness to use tariffs as a source of leverage against the most important U.S. trading partners, inwhat he called an effort to curb drug smuggling and illegal immigration. Imports from Mexico, Canada and China — a target of tariffs still set to take effect just after midnight — account for more than a third of the products brought into the United States each year.

[Turkeytop]

I went to a Liquor store, here in Florida today, intending to stock up on Canadian Club before the taraffs kick in. The first store I went to was sold out of CC. The second store had two bottles left. I bought both of them.

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Apparently some Federal employee unions have sued to stop Musk and his team from accessing the Federal Payment System.

Meanwhile there is an order to dismantle the education department in the works. Recall that the education department holds the purse strings for federal money to states rather than setting any curriculum.

[MegaHertz]

I'm watching 9/11 coverage videos for some levity on the news of the last couple weeks.

[Honeyman]

I went to a Liquor store, here in Florida today, intending to stock up on Canadian Club before the taraffs kick in. The first store I went to was sold out of CC. The second store had two bottles left. I bought both of them.

Out of curiosity since Canadian Club seems to be an issue in your life, what is/was the price of a bottle of CC there as compared to here in the states?

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I'm watching 9/11 coverage videos for some levity on the news of the last couple weeks.

Part of me wants to say some sort of nostalgic thing but I’m gonna hold back for now.

[Nightfly 2.0]

Our budget deficit is 6.28% , the highest in a non-recessionary non-Covid economy since WW2. There is no excuse we should have a deficit that high in a normal economy.
So the tariffs are intended to invoke favorable behavior on the tariffed party, in this case canadas treatment of border security.



Alternativley, the tariffs stand to raise revenue in the same way as GST raises revenue in Canada’s for their social services, and the same way as a VAT (value added tax) that EU countries use to raise revenue for social services.

US imports $377B from Canada, and exports $322B to Canada. Per US census data.

So , doing the simple math, 25% of $377b equals $94B raised to reduce deficit or pay for ACA subsidies, Medicare, green technology, etc.

Trudeau, if he is smart, would simply counter-tariff and keep the funds for his country as he is in deficit as well.

This all could be an ingenious scheme by both trump and Trudeau to hatch a revenue raising scheme to reduce deficits.

Yes there is pain, and adjustment. But are you expecting DOGE to instantly find $92B of spending reductions?
Every congressman is programmed to bring the bacon home to their district, the deficit-debt be damned. Republicans annd democrats are equally addicted to deficit spending when they have majorities in congress. Our kids and grandkids will have to deal with the aftermath of the total debt someday.

Tariffs are nothing different than rebates in reversal. In the 2022 Biden inflation reduction act, A $7500 rebate on an (US made) EV is nothing more than a mechanism to invoke green behavior, at the expense of imported EVs, or at the expense of those choosing gasoline cars and not getting the rebate. Since we are in a deficit, that $7500 rebate paid by the govt is a tariff on our children and grandchildren as well who do not have a vote to protest the debt that their generation will have to deal with.

The tariffed party isn't Canada.. It's people in this country importing goods from Canada.

A fundamental fact that a frightening amount of people fail to understand.

[Bull Shannon]

I'm watching 9/11 coverage videos for some levity on the news of the last couple weeks.

Back when Rudy Giuliani was sane. Good times.

[TC Talks]

I can say with confidence that the Democrats have their collective dicks in their hands. Elizabeth Warren is the only even trying to respond.

[bmw]

Meanwhile there is an order to dismantle the education department in the works.

I'd like to see it eliminated entirely, but dismantling is a good start.

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Meanwhile there is an order to dismantle the education department in the works.

I'd like to see it eliminated entirely, but dismantling is a good start.

All it does is send federal money to the states for their education departments to use as they see fit. It’s not running around indoctrinating children or whatever the bugaboo is… not saying you’re there but many on the right think it sets curriculum or something.

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China has responded to the Tariffs with its own measures…

15% on coal and LNG products and 10% on American crude oil and other products.

[MegaHertz]

I can say with confidence that the Democrats have their collective dicks in their hands. Elizabeth Warren is the only even trying to respond.

So basically business as usual with them.