These guys slapped ginormous tariffs on China and now complain China is straining relations.
They also blamed Ukraine for starting the war with Russia.
The chutzpah.
These guys slapped ginormous tariffs on China and now complain China is straining relations.
They also blamed Ukraine for starting the war with Russia.
The chutzpah.
Poland says it shot down Russian drones that violated its airspace during attack on Ukraine
Like everyone expected, except for Donald Trump, who has never been to Realville.
President Donald Trump on Monday reduced to less than two weeks his deadline for Russian President Vladimir Putin to either reach a peace deal with Ukraine or face massive “secondary tariffs” on Moscow’s trade partners.
Trump previously gave Putin a 50-day deadline, which was set to expire in early September.
But he said Monday that the U.S. does not see “any progress being made.” ...
Trump is a detestable, amoral fiend.
... The weapons being delayed include dozens of Patriot interceptors that can defend against incoming Russian missiles, thousands of 155 mm high explosive Howitzer munitions, more than 100 Hellfire missiles, more than 250 precision-guided missile systems known as GMLRS and dozens each of Stinger surface-to-air missiles, AIM air-to-air missiles and grenade launchers, the two defense officials, two congressional officials and two sources with knowledge of the decision said. ...
Ukraine has repeatedly appealed for additional U.S. and European air defense weaponry as Russia has stepped up its air raids in recent months. Over the weekend, Ukraine’s Defense Ministry said Russia had launched the largest aerial attack on the country since Moscow’s full-scale invasion in 2022, firing 60 missiles and 477 drones. ...
The munitions were approved as part of Presidential Drawdown Authority and Ukraine Security Assistance Initiative packages during the Biden administration, the defense officials and two sources with knowledge of the decision said. Some of the shipments are already in the region but have been stopped before being turned over to Ukraine, according to a defense official and two sources with knowledge of the decision. ...
... The Russian bombardment on Sunday night included 355 drones, Yuriy Ihnat, head of the Ukrainian air force’s communications department, told The Associated Press.
The previous night, Russia fired 298 drones and 69 missiles of various types at Ukraine in what Ukrainians said was the largest combined aerial assault during the conflict. From Friday to Sunday, Russia launched around 900 drones at Ukraine, officials said. ...
Russia has this month broken its record for aerial bombardments of Ukraine three times. ...
In all, Russia used 69 missiles of various types and 298 drones, including Iranian-designed Shahed drones, he told The Associated Press. ...
Ivan Fedorenko, 80, said he regrets letting their two dogs into the house after the air raid siren went off. “They burned to death,” he said. “I want to bury them, but I’m not allowed yet.” ...
Shrinking from calling what Russia did an invasion was a temporary flight from reality for CNBC, probably motivated by keeping people from panicking and selling stocks.
It's all about the money, for Trump no less than for CNBC. And also for Vladimir Putin.
It should be about something else.
Zelenskiy says Russia hit Ukraine’s power infrastructure, US should react
President Volodymyr Zelenskiy said on Thursday Russian artillery had
damaged Ukraine’s energy infrastructure in the front-line city of
Kherson, two days after the U.S. announced that each side had agreed to a
truce on energy strikes. ...
Russia, which launched a full-scale invasion of Ukraine in February 2022 and now holds about 20% of the country, contends that it has observed an energy strike truce since March 18. Ukraine says Russia has attacked eight Ukrainian energy facilities since that date. ...
The official White House spokesperson is conceding that the lands taken in Russia's invasion of Ukraine are Russia.
This is a lie, a big lie, an utter disgrace.
Honest to God, these people are clowns.
Republicans consider major budget change to obscure deficit impact of extending Trump’s tax cuts
... Extending the Tax Cuts and Jobs Act, which Trump signed into law in 2017, would cost $4.6 trillion over a decade, according to the Congressional Budget Office, the official nonpartisan scorekeeper.
That’s under the “current law” metric that has traditionally been used, as the tax cuts are slated to expire at the end of this year. But Senate Republicans want to use a different scoring method called the “current policy” baseline, which would assume that extending tax cuts costs $0 because they’re already law.
The chair of the tax-writing Senate Finance Committee, Sen. Mike Crapo, R-Idaho, endorsed the “current policy” approach, telling reporters that it “recognizes that extending current law does not change the tax policy, does not reduce tax revenue.”
Congressional GOP aides say the idea could have a huge impact on what they’re able to pass in the budget bill. If they use the current accounting process, they have no chance of making the 2017 tax cuts permanent, because that would require paying for it. And this process would also be key to unlocking Trump’s other tax proposals, like slashing taxes on tips and overtime pay. ...
Rep. Richard Neal, D-Mass., said it would set a “terrible” precedent if Republicans adopt that budgeting approach.
He said it would be a backdoor way to nuke the filibuster and take an anything-goes approach to the reconciliation process, which Congress can use once per fiscal year to evade the 60-vote rule in the Senate for changes to spending and taxes. The process imposes significant constraints, like needing to pay for long-term laws that add to the U.S. debt.
“My advice is: If they adopt that policy, we should advise the American people to forget about their credit card debt,” Neal said. “You wouldn’t have to analyze revenue and expenditure.” ...
The budget framework passed this week by the GOP House is guaranteed to raise the national debt by $19 trillion in 10 years, which means we'll be $60 trillion in the hole by 2035.
All the shenanigans and pretending and make believe used over the years to get us to the current point of $36 trillion in debt, trotted out yet one more time aren't going to stop us from a date with $60 trillion in debt.
WE ARE NOT A SERIOUS COUNTRY.
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Left is, finally and above all, lack of respect for property.
-- Oswald Spengler, The Hour of Decision, 1934