Maybe James Braid, new Director of the Office of Legislative Affairs, knows lol.
Is this James Braid? |
Maybe James Braid, new Director of the Office of Legislative Affairs, knows lol.
Is this James Braid? |
Second continuing spending resolution goes down in flames, after Elon Musk and Donald Trump said Nay to the first one, which never even came to a vote. Speaker Johnson and the Democrats had worked on that compromise deal for three months.
The roll call vote is here.
CNBC story here.
Extremely amusing.
The Republicans Who Said Nay |
And Roger Kimball should know better.
Kimball completely underestimates the role that will be played by the federal government employee unions in opposing Trump's efforts to axe them. And it's downright preposterous to think that the Leviathan State is going to be unraveled by July 4, 2026 when it took literally decades to erect it.
Trump will fail to drain the swamp, and it will consume all the valuable energy of his victory, too, keeping him from succeeding on the agenda items which are within his reach. His actions might even strengthen those unions. His own new Labor Secretary actually advocates for that!
Democrats should be encouraged by this.
They are going to have a field day litigating everything Musk and Ramaswamy try to shut down, which will drag everything out interminably. Liberals funded the hapless Kamala Harris to the tune of $1 billion, so I'm confident the Marc Eliases of the Democrat Party will shift the Resistance to this effort with a similar level of support because it has a high likelihood of hamstringing Trump in the same way Russia Russia Russia did.
It's disappointing that Republicans don't understand that Trump is a deeply divisive transitional figure, not a transformational one, but Democrats made the same mistake with Joe Biden, until it was too late, on whom they turned as on a dime.
Yeah, let's put the HOG feeding at the government trough and getting filthy stinking rich off electric car subsidies and tax credits, and government rocket contracts, in charge of government efficiency.
Trump announces Elon Musk, Vivek Ramaswamy to lead new ‘Department of Government Efficiency’
What a bunch of phony baloney plastic banana good time rock 'n rollas.
"Government efficiency" is one of those oxymorons that is more equal than other oxymorons.
Trump in Grand Rapids, Michigan, yesterday, here:
"I'm totally for them."
Elon Musk Has Said He Is Committing Around $45 Million a Month to a New Pro-Trump Super PAC
Video of Biden Appearing to Freeze at Juneteenth Event Raises Questions...
This is completely unfair. Watch the video and you'll see a black guy in the row behind Biden and to his left just about as stiff as Joe.
The alarming stuff is the gibberish coming out his mouth here here and here.
CNBC reports today:
There’s fear among global automakers that Chinese rivals like the Warren Buffett-backed BYD could flood their markets, undercutting domestic production and vehicle prices to the detriment of their own auto industries.
“The introduction of cheap Chinese autos — which are so inexpensive because they are backed with the power and funding of the Chinese government — to the American market could end up being an extinction-level event for the U.S. auto sector,” the Alliance for American Manufacturing, a U.S. manufacturing advocacy group, said in a report last month.
BYD sold 1.57 million battery EVs last year, up from just 130,970 all-electric vehicles in 2020. That sales growth was enough to surpass Tesla to become the world’s largest producer of electric vehicles in late 2023.
The rise of BYD and other Chinese automakers led Tesla CEO Elon Musk in January to warn that Chinese automakers will “demolish” global rivals without trade barriers. ...
The company has quickly rolled out new and updated products. It’s also rapidly established manufacturing, as it has its eyes set on factories in Thailand, Brazil, Indonesia, Hungary, Uzbekistan and, potentially, Mexico. ...
Former President Donald Trump – the front-runner among Republicans in the 2024 presidential race – on Saturday suggested instituting a 100% tariff on cars made in Mexico by Chinese companies, should he be elected to a second term.
Musk can extract the $44 billion price tag for tax loss purposes and relaunch the thing as the everything platform he keeps talking about.
This reminds me of the incredulity of Wall Street over Powell's relentless increases to the Federal Funds Rate. He telegraphed it repeatedly months in advance and then raised rates incrementally and said he would keep doing so, but they would not believe, and still do not.
Elon Musk was there, too, but this story never mentions it:
Xi’s 10 years as president are marked by a genocide against China’s Muslim minority, attempts to wipe out Tibetan culture, and persecution of Christians and followers of Falun Gong – not to mention a crackdown on democracy, religious freedom, and civil rights in Hong Kong.
Yet, during official and unofficial meetings this week, there was no mention of the long list of atrocities. Instead, Xi received an unusually warm reception.
On Wednesday night in the confines of San Francisco’s Hyatt Regency ballroom, America’s corporate chieftains gathered to fete Xi as a “guest of honor” at a banquet drawing nearly 400 attendees. The gala took place on the sidelines of the Asian Pacific Economic Cooperation summit, a gathering of 21 member countries to support free trade and business ties.
The executives were so excited to share the room with the Chinese president that they gave him two standing ovations before Xi uttered a word. American titans of business, including Apple’s Tim Cook and Blackstone’s Steve Schwarzman, Black Rock’s Larry Fink, Boeing’s Stanley Deal, and Pfizer’s Albert Bourla, joined Commerce Secretary Gina Raimondo to rub shoulders with Xi and a cohort of Chinese officials.
Tickets for the banquet started at $2,000 each, with several companies shelling out $40,000 to buy eight seats at a table in the ballroom and one at Xi’s table. After Xi’s remarks, attendees provided yet another standing ovation, according to Reuters.
Some executives made no attempt to hide their gushing. On the way into the Hyatt, Bridgewater Associates hedge fund founder Ray Dalio told the Financial Times that he was “excited to have this relationship [with Xi].”
If Dalio entered the hotel from the main lobby, he couldn’t
have avoided the polar opposite scene and messaging. A Tibetan student
activist named Tsela had strapped herself to a flagpole and was waving
the Tibetan flag when Xi and his entourage arrived. Other activists from
Students for a Free Tibet chanted “Murderer” at the Chinese leader,
“Down with the CCP,” and “Human Rights in Tibet.”
Here.