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Posted
28 minutes ago, kevwun said:

I'd say this tariff stupidity is probably the top non-war unforced error a US President has ever committed.  

Along the same lines, I was thinking earlier about what the worst thing a President has done in my lifetime (55 yrs). I came up with:

  1. Jan 6
  2. Watergate
  3. Trump Tariffs Import Consumption Taxes on Americans

I'm trying to get away from using "tariff", since more than half the country doesn't understand wtf they are and who's paying them.

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Posted
2 hours ago, Sawbonz said:

Pssh. What does that guy know 

Funny you say that.  He was our floor broker for a good number of years.  He was good at what he does (order flow) but doesn't know the first thing about the market.

Posted
7 minutes ago, Redneck Mutha said:

Along the same lines, I was thinking earlier about what the worst thing a President has done in my lifetime (55 yrs). I came up with:

  1. Jan 6
  2. Watergate
  3. Trump Tariffs Import Consumption Taxes on Americans

I'm trying to get away from using "tariff", since more than half the country doesn't understand wtf they are and who's paying them.

I think giving the world's richest man, and the guy who gave him $300 million, unfettered access to destroy as much of our government as he sees fit deserves a mention.

And really, the whole "destruction of our country in thousands of different ways that only hurts us and helps Russia" is its own category of "worst thing a president has done". We've never seen a US president try to break us on behalf of our enemy before.

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Posted (edited)
1 hour ago, UTGrad98 said:

We will have to suffer to fix it. And I dont mean a 2 month pandemic sell off and job loss, or even a 2007-2009 recession. We will need to suffer for a decade or more to have real change. For people to understand.  Ive said it before, Im beginning to realize human beings as a whole, are not smart enough to continue a democracy. Eventually they will destroy it and the pieces will have to be picked up again. Too much variation in intelligence and for lack of a better term, good and evil thoughts and motivations. Smart evil/greedy people are the worst....and the rest enable them due to what I have stated previously. Its who we are as human beings. Too much variation.

If IQs were in the range of say 110-125 and the range of emotions/drives we felt were narrower, I think democracy could work indefinitely. But not right now. The math doesn't work over centuries, or even decades.

 

So what you're saying is we need somebody like this to lead us: 

images?q=tbn:ANd9GcQ8d1nlz1sOhfCYV1Pj5RG

 

which would be an improvement, tbh. 

 

 

Edited by High Plains Drifter
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Posted
19 minutes ago, Rex Kramer said:

What the fuck are you even talking about?  

RE: mass deportations

This isn’t an inflation contributor, and if it becomes one, I’d expect Trump to react to that and loosen and have some sort of Bush era guest worker program

The only way that it is even possible to harbor such an expectation is if you believe that fucking clown has the capacity to admit when he’s wrong. 

19 minutes ago, Rex Kramer said:

Clearly you have zero clue about me. 

Clearly

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Posted
2 hours ago, High Plains Drifter said:

 

This is what I've been saying over and over. Dems need to hang this shit on Congressional R's. Scream it from the mountain tops. DOTarD is fucking you over, hard. And Congress is letting him do it. 

Introduce bills to stop this shit. They won't pass, but it might help to get the message out there. 

What from the last decade leads you to believe that republican or even “undecided” voters give a single solitary fuck to change any if this? Surely there’s still a trans girl in a swimming competition somewhere and CARAVANS that are still Kamala’s fault. Gotta “end wokeness” before worrying about jobs and veterans and 401ks. Did you see the video of that old bitch in Wisconsin who thinks it’s funny when Trump fucks around with Canada? That’s our new majority. The sooner people understand that Brisket was right the whole time the sooner we can stop pretending that “the dems” can do anything to fix broken people’s brains.

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Posted (edited)

I'm going to rename my 401K to 201K.

 

Edit: I hope all the fuckers that voted for this are wearing their MAGA hats when they check their accounts.

Edited by TexasEd
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Posted

He posted it this morning.  He wants foreign Billionairs to come in and buy US stocks cheap.  It's a wealth transfer out of our 401Ks to oligarchs.

 

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Posted
35 minutes ago, hpslugga said:

RE: mass deportations

This isn’t an inflation contributor, and if it becomes one, I’d expect Trump to react to that and loosen and have some sort of Bush era guest worker program

The only way that it is even possible to harbor such an expectation is if you believe that fucking clown has the capacity to admit when he’s wrong. 

Clearly

image.gif.67cec643cfdc1e28f12a67764ee9714e.gif

Nice link. What was context?  

And where did I ever say he’d admit when he’s wrong?  His whole M.O. with respect to tariffs has been uniquely schizo.  He changes constantly. He’d do the same on your above quote, which I guess is attributable to me but have a glaring, unnecessary lack of information. He would decidedly not apologize; he would shift, as he’s been doing for 75 straight days. So….

image.gif.ab12e4fe6b41137052fcbbd6605e2541.gif

5 minutes ago, TexasEd said:

I'm going to rename my 401K to 201K.

image.thumb.jpeg.fd82a2df5ae47fa6e858a144a52f7536.jpeg

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Posted
2 minutes ago, Rex Kramer said:

image.gif.67cec643cfdc1e28f12a67764ee9714e.gif

Nice link. What was context?  
 

 

It’s already there in plain words. And it doesn’t even matter because the point is you attributed to him the capacity to admit to being wrong. The schizo nature about these tariffs? Yeah that has to do with reciprocity w/r/t what sort of grift he can work out of them. It has nothing to do with a measured reaction to how damaging they are to average Americans and the economy. He couldn’t be bothered to give two shits about that, just like he (contrary to what you believe) couldn’t be bothered to give two shits about his deportation policy ultimately being inflationary. Hell, his tariff policy IS inflationary even with the psychotic nature factored in. Markets do not appreciate uncertainty. You know less about your own side of this argument than most of us know about both. 

2 minutes ago, Rex Kramer said:

And where did I ever say he’d admit when he’s wrong?  

Again, the only way he’d take the quoted response you said you “expected” him to take w/r/t inflationary effects of his deportation policies is to first admit to being wrong about them. There’s no way around that. You don’t correct/alter a policy that you think is right, and it’s naive/dense/stupid/foolish to believe otherwise. Seriously, I’ll let you even pick which word you feel most comfortable using. Regardless of which word hurts your fee-fees the least, you don’t have to literally say “he’d admit to being wrong” in order to clearly imply that you believe it.

Or to put it another way, if you really  don’t believe he has the capacity to ever admit that he’s wrong about anything, why the fuck would you expect him to correct one of his own policy decisions after seeing its adverse effects?

Posted
33 minutes ago, hpslugga said:

 

It’s already there in plain words. And it doesn’t even matter because the point is you attributed to him the capacity to admit to being wrong. The schizo nature about these tariffs? Yeah that has to do with reciprocity w/r/t what sort of grift he can work out of them. It has nothing to do with a measured reaction to how damaging they are to average Americans and the economy. He couldn’t be bothered to give two shits about that, just like he (contrary to what you believe) couldn’t be bothered to give two shits about his deportation policy ultimately being inflationary. Hell, his tariff policy IS inflationary even with the psychotic nature factored in. Markets do not appreciate uncertainty. You know less about your own side of this argument than most of us know about both. 

Again, the only way he’d take the quoted response you said you “expected” him to take w/r/t inflationary effects of his deportation policies is to first admit to being wrong about them. There’s no way around that. You don’t correct/alter a policy that you think is right, and it’s naive/dense/stupid/foolish to believe otherwise. Seriously, I’ll let you even pick which word you feel most comfortable using. Regardless of which word hurts your fee-fees the least, you don’t have to literally say “he’d admit to being wrong” in order to clearly imply that you believe it.

Or to put it another way, if you really  don’t believe he has the capacity to ever admit that he’s wrong about anything, why the fuck would you expect him to correct one of his own policy decisions after seeing its adverse effects?

No I didn’t. I’m not reading the rest of your post, weirdo. No idea what point you’re trying to make whatsoever. 

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Posted
Just now, Rex Kramer said:

No I didn’t. I’m not reading the rest of your post, weirdo. No idea what point you’re trying to make whatsoever. 

Wouldn’t matter because you’d just offer the same ridiculous excuses anyways.

Posted
Just now, hpslugga said:

Wouldn’t matter because you’d just offer the same ridiculous excuses anyways.

Ah, so you’re under some illusion I support Trump in any way. Ok. 

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Posted
1 minute ago, Rex Kramer said:

Ah, so you’re under some illusion I support Trump in any way. Ok. 

Didn’t say anything about supporting Trump. Said you’d make excuses for tripping over yourself, as you always have.

Posted
2 minutes ago, hpslugga said:

Didn’t say anything about supporting Trump. Said you’d make excuses for tripping over yourself, as you always have.

In no way did I trip over myself. I’ve been very clear and consistent with my comments. You’re searching too hard for something you think you know to confirm preconceived notions. 

Posted
10 minutes ago, 956 Worldwide said:

Just divide our trade deficit by our exports to each country.  That’s the ratio.

Wait…..then….go ahead and multiply that by 1.

Calculating Zach Galifianakis GIF by filmeditor

image.thumb.jpeg.42fa81aab25daae49232810d7dd11e09.jpeg

image.jpeg

Hangover pic is the most accurate depiction of this whole thing. Presented as smart, yet it’s brought to you by the same guy that said “ruh-tard.”

image.gif

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Posted
3 minutes ago, hpslugga said:

Hangover pic is the most accurate depiction of this whole thing. Presented as smart, yet it’s brought to you by the same guy that said “ruh-tard.”

image.gif

The judges will also accept this:

spacer.png

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Posted
1 hour ago, The Ace of Aces said:

I’m becoming convinced they’re doing this on purpose to ditch the gold standard

Some Dick beat them to it.

 

the-gold-standard-nixon-83283.jpg

Posted

Watching cnbc a hour or so ago, one of the commentators was saying “now is the time to buy”. It felt like this scene around the 1:25 mark.

 


 

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Posted
2 hours ago, Bookman said:

Crashing the economy is a great way to get house prices to come down. Of course, the middle class won't have any money to buy them, but rich people will. 

I’m not rich but I told my kids last summer if Trump gets elected we will be getting a lake house in the next couple of years

 

that is unless my patients are paying me in yard eggs at that point

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Posted
On 4/2/2025 at 2:43 PM, Auto Driller said:

He wants to be able to demand bribes to lift the tariffs. He even talked about how he was anticipating phone calls immediately after the speech was over. He’s going to be disappointed when he discovers that everyone else just makes fair trade agreements amongst themselves.

The tariffs are making the US a pariah state even worse than Russia, Iran, North Korea, etc. since their reach and level of impact is only small percentages of what the US can do.

At the risk of my job, expenses and bank account, I hope the rest of the world renegotiate the trade agreements among themselves and leave the US out of these negotiations.

Maybe, just maybe under-educated, hell yeah, 'merica mouth breathers will say "shit, maybe those edumacated people were right all along."  I doubt it, but it's nice to dream.

 

Oh, saw a graphic last night. Trump is imposing tariffs on European nations, but conveniently not imposing tariffs on Russia.

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Posted
10 minutes ago, Superhero said:

The tariffs are making the US a pariah state even worse than Russia, Iran, North Korea, etc. since their reach and level of impact is only small percentages of what the US can do.

At the risk of my job, expenses and bank account, I hope the rest of the world renegotiate the trade agreements among themselves and leave the US out of these negotiations.

Maybe, just maybe under-educated, hell yeah, 'merica mouth breathers will say "shit, maybe those edumacated people were right all along."  I doubt it, but it's nice to dream.

 

Oh, saw a graphic last night. Trump is imposing tariffs on European nations, but conveniently not imposing tariffs on Russia.

I know it’s a good sound bite; but we have sanctions on Russia. North  Korea and Cuba also aren’t on the list for the same reason. 

Posted
On 4/3/2025 at 9:23 AM, Valmy77 said:

I am not free trader by any stretch but tariffs need to be limited and targeted to protect certain industries not just blanket tariffs on everything from certain countries...or the whole world in this case.

Yes. It should be limited protect certain industries.

South Korea put tariffs (stopped imports?) on passenger vehicles while they were propping up Hyundai. Once Hyundai became profitable, they allowed more foreign cars to come into SK.

The US makes plenty of stuff. Just not what people will buy in volume. e.g.

15 million people in the US buying $500 TVs from China = $7,500M   ($7.5 billion)
50 foreign companies buying high precision instruments at $10M = $500M

 

Similar to tax cuts... the "trickle down effect" is absolutely bullshit.

$100 tax cut to 99% of the population. They'll use the $100 to buy the shit they NEED like groceries.
$1M tax cut to the 1%, they may use it to buy a Porsche or 2, but will never spend as much as the 99%.

 

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Posted
24 minutes ago, Dark Horse said:

I know it’s a good sound bite; but we have sanctions on Russia. North  Korea and Cuba also aren’t on the list for the same reason. 

We still have $3.5 billion in trade with Russia.  ZERO tariffs put on that trade.

We import a mere $11 million in goods from Syria, on the other hand....and we just put a 41% tariff on trade with Syria.

When it comes to explaining why the Regime did not put any tariffs on trade with Russia, you have two choices: 1) pure corruption and malevolence, or 2) galactic stupidity.  Option 3), "both," is also on the table.

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Posted
4 minutes ago, Superhero said:

Yes. It should be limited protect certain industries.

South Korea put tariffs (stopped imports?) on passenger vehicles while they were propping up Hyundai. Once Hyundai became profitable, they allowed more foreign cars to come into SK.

The US makes plenty of stuff. Just not what people will buy in volume. e.g.

15 million people in the US buying $500 TVs from China = $7,500M   ($7.5 billion)
50 foreign companies buying high precision instruments at $10M = $500M

 

Similar to tax cuts... the "trickle down effect" is absolutely bullshit.

$100 tax cut to 99% of the population. They'll use the $100 to buy the shit they NEED like groceries.
$1M tax cut to the 1%, they may use it to buy a Porsche or 2, but will never spend as much as the 99%.

 

Shhhhhh. Don't present the idiots with math, it only pisses them off.

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Posted (edited)
31 minutes ago, Dark Horse said:

I know it’s a good sound bite; but we have sanctions on Russia. North  Korea and Cuba also aren’t on the list for the same reason. 

Haha don't fall for the rare Trump soundbite that makes sense; it's still a lie. We tariffed tons of places that don't even have any imports or exports.

Face it, Russia, NK and Cuba are our buddies now. 

Edited by Hookah Horns
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Posted
2 hours ago, hpslugga said:

Hangover pic is the most accurate depiction of this whole thing. Presented as smart, yet it’s brought to you by the same guy that said “ruh-tard.”

image.gif

Nah, this time the guy is an actual ruh-tard. 

Posted
2 hours ago, Sawbonz said:

I’m not rich but I told my kids last summer if Trump gets elected we will be getting a lake house in the next couple of years

 

that is unless my patients are paying me in yard eggs at that point

At that the point you said to this to your kids, did you have a lake mansion?

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Posted
9 minutes ago, Nice Guy Eddie said:

At that the point you said to this to your kids, did you have a lake mansion?

I’m a cheap bastard. We use my dad’s camper

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Posted
1 minute ago, Nice Guy Eddie said:

I was just making a joke. Like, how you do walk out of Vegas with $20K? Start with $100K.

My grandfather liked to say how do you make a million dollars running cattle in texas

start with 2 million

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Posted (edited)
9 hours ago, Firemans4Horn said:

429318d9-bd17-458c-80fc-2cf0ebd08712.png.e57ba9587302d633a033f246f237d969.png

I'd need to read up on Smoot-Hawley but I wonder how this couldn't end up worse just due to a starting point of a much more integrated world economy 

Edited by WBT
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Posted
2 hours ago, Sawbonz said:

I’m not rich but I told my kids last summer if Trump gets elected we will be getting a lake house in the next couple of years

 

that is unless my patients are paying me in yard eggs at that point

in a couple of years, you can trade those yard eggs for a watch in a box with papers

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Posted
7 minutes ago, WBT said:

I'd need to read up on Smoot-Hawley but I wonder how this couldn't end up worse just due to a starting point of a much more integrated world economy 

Oh it’ll be much worse.

1. the whole argument that’s put forth in favor of tariffing the shit out of everyone is that it’s a more effective way to raise revenues than nominal taxation. There’s never been any evidence given on this; it’s really just a religious belief at best and at worst it’s just a pretext for rich people not to pay taxes

2. Think what that revenue was used to pay for with Smoot-Hawley and now think about how tax revenues are used today. Smoot-Hawley was passed at a time that was pre-Medicare, pre-Medicaid, pre-social security, pre-welfare (at the federal level), pre-education department, pre-pretty much anything that assists people in the middle and lower classes of the economic ladder.

Smoot-Hawley wasn’t even effective enough under the old system when we had a gold-standard dollar and now this shit is supposed to be effective? Effective how?

You’ll notice though that’s where they come in with their bullshit about undermining those programs. Undermine education, undermine health, undermine social safety nets. Coupled with the tariff bullshit and the very inevitable tax cuts for the wealthy, that’s them telling you “we know tariffs can’t pay for all the shit our budget calls for and we don’t care. We don’t want to pay taxes. We want you to pay taxes that will subsidize our businesses so that we can make all the profits and assume none of the risks, but we couldn’t be bothered to give two drops of monkey shit if your kid has a measles vaccine, education, or food to eat tonight. Fuck you, pay me.”

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Posted

Sorry if this has been posted already, but I missed this earlier in the week.  I don't know anything about Oren Cass, but I thought this was a really good interview that Jon Stewart gave exploring the recent evolution of right-wing economic philosophies. 

The one thing I didn't like is that Stewart didn't press him on defense spending for Japan, Germany, etc.  Why do we want them to increase their defense spending?  Is the goal for the US to reduce investment in our own military?  I don't think that's what Conservatives actually want.  I think what they want is to keep the US military where it is but have others buy lots of military equipment from us.  The current approach is a great way to make sure that doesn't happen.

 

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Posted

IMG_4384.thumb.jpeg.d2b37e26230498db021b12885fd6321b.jpeg

Look at these dishonest rancid motherfuckers and the largest headline.  No wonder his undereducated base thinks the man is a hero.

Some gulf shrimpers will get more for their catch - so the rest of the country can burn. 

 

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Posted

Harrison Fields, a White House staffer, was on the radio today with Steve Scully talking about all of this.  He was rah-rahing the tariffs.  Scully asked him about Heard and McDonald plus Diego Garcia.   He said the reasoning was to prevent anyone trying to get around the tariffs by using places like this.  Of course Scully didn't ask him how some tiny ass windswept, penguin infested islands 1,000 miles from Australia would factor into that.

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