Friday, May 15, 2026

Speaking of corruption, Trump makes Biden & Co., Clinton & Co., et alia, look like pikers

 Democrats blast Trump over ‘slush fund’ in possible IRS lawsuit settlement

... “This administration is dripping with corruption from top to bottom, but rushing a settlement to steal $1.7 billion taxpayer dollars for a slush fund before a judge can toss your junk lawsuit would be among the most corrupt acts in American political history,” Sen. Ron Wyden, D-Ore., the top Democrat on the Senate Finance Committee.

“This lawsuit has never been anything more than a shakedown of the American people by a crook president and his crook lawyers,” Wyden said.

Trump, his two eldest sons, and his family business sued the IRS and the Treasury Department in U.S. District Court for the Southern District of Florida over the 2019 leak of the president’s tax returns. It was an unprecedented move that raised concerns about conflicts of interest at the time. ... 

News of the potential settlement comes ahead of a May 20 deadline set by U.S. District Court Judge Kathleen Williams, who asked the Justice Department and Trump’s legal team to explain whether the case with the president on both sides can even be heard by a federal court.

″(A)lthough President Trump avers that he is bringing this lawsuit in his personal capacity, he is the sitting president and his named adversaries are entities whose decisions are subject to his direction,” Williams wrote in a court filing in April.

“It is unclear to this Court whether the Parties are sufficiently adverse to each other so as to satisfy” the constitutional requirement that federal cases only adjudicate cases or controversies. ...

Trump is as corrupt as the day is long

 Trump touted Palantir on Truth Social after buying the company’s stock, records show

Trump went big on tech stocks in first quarter of 2026, new filings show 

Trump cares as little for freedom in Taiwan as he does in Ukraine

 Trump told Xi ‘I don’t talk about’ whether U.S. would defend Taiwan from China

Biden meanwhile publicly committed to the defense of Taiwan right out of the gate in 2021 after a U.S. freedom of navigation exercise in the South China Sea by the USS Theodore Roosevelt strike group in late January, and multiple times thereafter in 2021, 2022, and 2024.

Trump is truly disgraceful.

Barron's/AFP, Feb 5, 2021:

... The new US administration has said its commitment to Taiwan is "rock-solid," with officials in Washington signalling that they will not tolerate any expansionist moves by Beijing. ...

 

Real retail sales just comin' up for air

 


Disapproval with Trump hit a record high 58% at Trump-friendly Rasmussen Reports on May 7th

 


Hey, when does Starmer resign anyway?

 ... Britain’s government bonds have the highest yields in the G7. ...

 


Manufacturing jobs went sideways in April 2026, economic boom nowhere in sight

 



Big 3 salaried labor cuts of 19% return levels to pre-pandemic era

 Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms

 


 

There is almost nothing Athenian about China, nor Spartan about the United States

But here we are.

Does THE GRAUNIAD even know that Sparta won that war?

Does Xi? 

Meanwhile "Make America Great Again" handed our adversaries the rhetorical cudgel of decline wielded by Xi against Trump. 

America is great when it stands for human freedom, something Trump is too shallow to grasp. The very word strikes terror into the hearts of the Chicoms, and is our greatest weapon against them.

But under Trump America has betrayed freedom in Ukraine, and acted more like imperial Athens in the Persian Gulf than like Sparta.

The attack on Iran is looking more and more like the failed Sicilian Expedition every day. 

If Xi wants to win, he'll act more like Sparta and let the real Athens destroy itself. 

 

 


 

The US bond market is pissed off at everybody this morning

 Yippee ki yay you muthas.



Honda to reverse EV missteps at a cost of $9 billion amid lost focus on its famed gasoline engines

 Honda shares rise over 7% as investors shrug off first operating loss in nearly 70 years

... Honda swung to an operating loss of 414.3 billion yen ($2.61 billion) for the fiscal year ending March, compared to an operating profit of 1.2 trillion yen the year prior. Provisions made for its ailing electric vehicle business and related investments, competition from its Chinese rivals, as well as a U.S. tariff impact of 346.9 billion yen weighed on its earnings.

... As part of its efforts to reorganize its EV business, the automaker said it will cancel market launches and development of some EV models initially planned for production in North America. The Japanese automaker said it expects the restructure of its EV business to cost over $9 billion.

... Honda engines used by Aston Martin were found to be causing battery failures and in January the Japanese automaker was slapped with a lawsuit in Canada over a defect in the 1.5L turbocharged engine in three Honda models. ... 

 

The good news is you can still get the 2-liter four cylinder gasoline non-turbo engine in the base Civic, MSRP $26,345, with a theoretical highway range of 508 miles.