US seeks 1 million barrels of oil for Strategic Petroleum Reserve
Wednesday, October 22, 2025
One nutball era takes over where one left off: Trump's big ugly bill had no money in it to replenish the Strategic Oil Reserve gutted by Joe Biden, at a time when WTI is half the price it was in 2022
Saturday, October 18, 2025
People are right to doubt government data when Trump's Treasury Department under Scott Bessent leads off with this chart crime of September 2025 federal outlays
You can access the Treasury's Monthly Treasury Statement here to see for yourself.
The OUTLAYS BY FUNCTION for September 2025 in the Figure 1 graphic DO NOT ADD UP TO $346 BILLION, as stated.
They add up to $560 billion.
The receipts DO ADD UP, almost, to $543 billion.
That the graphic indicates $544 billion, not $543 billion, is another clue that the entire thing is a tendentiously fabricated interpretation of the data from within the report, obviously.
Well duh.
Meanwhile that "Other" category isn't a Red Flag for nothing!
"Hello! Hey! Yes, you! We're about to pull a fast one! Pay Attention!"
In the end outlays of $560 billion minus receipts of $543 billion = a September DEFICIT of $17 billion, NOT A F^@KING SURPLUS OF $198 BILLION.
They are asking you to deny the evidence of your own eyes, and they know it.
It's a total lie, as in Lies, Damn Lies, and Statistics.
When you can't trust the U.S. Treasury Department, who can you trust?
The upshot is that Fiscal Year 2025 ends with a deficit of $1.973 trillion, far worse than FY 2024's $1.816 trillion . . . by 8.6%.
But the Trump Regime wants you to think the deficit is smaller than in 2024, at $1.775 trillion, that they're cutting spending by closing agencies and departments and firing federal employees, and increasing revenues through tariffs, et cetera, et cetera, et cetera, and that the Big Ugly Bill is working.
LIES, DAMN LIES, I tell you.
Sunday, September 28, 2025
Friday, September 12, 2025
Thursday, August 28, 2025
Can you spot the GDP?
The real GDP report is out and it looks better than a month ago: +3.3% seasonally-adjusted annual rate for the second estimate for 2Q2025, instead of +3.0% in the first estimate.
But the big picture changes only microscopically.
From the second quarter of 2017, the year when Trump's tax reform became law on December 22nd, until now real GDP has grown at a compound annual rate of 2.466%, instead of 2.456% last month. For the seventy years before that, the compound annual rate of growth was 3.182%.
Trump's so-called pro-growth tax reform falls short of the previous seventy years this month by 22.5% vs. by 22.8% last month.
Now made permanent as of the Fourth of July, or so they say, the Trump tax reform is likely to continue to, shall we say, weigh on things.
The problem remains the lingering after effects of the Great Recession, the Great Financial Crisis, the Housing Bubble, whatever you want to call it.
The Trump tax reform of 2017 didn't do anything to address that meaningfully, just as Obama never addressed it meaningfully, nor Biden.
The rupture with the past occasioned by 2008 is the elephant in the living room, and the Uniparty just pretends it isn't there.
From 2Q2008 to 2Q2025, the compound annual rate of real GDP growth has been 1.995% vs. 1.990% last month, vs. 3.421% for the sixty-one years prior to that, starting in 2Q1947.
America is still 41.68% behind that this month vs. 41.8% behind that last month.
It's . . . depressing.
Friday, July 11, 2025
Unaffordable Care Act to become more unaffordable for millions in 2026 due to Trump's reconciliation bill, just in time for the election
Why 22 million people may see ‘sharp’ increase in health insurance premiums in 2026
... More than 22 million people — about 92% of ACA enrollees — received a federal subsidy this year that reduced their insurance premiums, according to KFF, a nonpartisan health policy research group.
Those recipients would see “sharp premium increase” on Jan. 1, Cynthia Cox, the group’s ACA program director, said during a webinar on Wednesday.
The average marketplace enrollee saved $705 in 2024 — a 44% reduction in premium costs — because of the enhanced tax credits, according to a November analysis by the Center on Budget and Policy Priorities.
Without the credits, average out-of-pocket premiums in 2026 would rise by more than 75%, Larry Levitt, KFF’s executive vice president for health policy, said during the webinar.
Additionally, 4.2 million Americans would become uninsured over the next decade if the enhanced subsidies lapse, according to the Congressional Budget Office.
That growth in the ranks of the uninsured is on top of the nearly 12 million people expected to lose health coverage from over $1 trillion in spending cuts Republicans made to health programs like Medicaid and the ACA to help offset the legislation’s cost. ...
ACA enrollment has more than doubled, to roughly 24 million people in 2025 from about 11 million in 2020, according to data tracked by The Peterson Center on Healthcare and KFF. ...
According to Google's AI, there are 22.8 million fewer uninsured 2010-2024, presumably because of Obamacare, but 26.7 million more on . . . Medicaid!
Because of that Rube Goldberg Machine known as Obamacare!
Push here, and it comes out there. And the kicker is Medicaid involves estate recovery for nursing home and other care costs at death, which varies by state.
You can run, but you cannot hide.
Tuesday, July 8, 2025
$30 billion is not jet fuel for the economy
... The new additional senior deduction and other changes in Trump’s “big beautiful bill” may reduce taxation of Social Security benefits by approximately $30 billion per year, estimates the Committee for a Responsible Federal Budget. ...
$30 billion is 0.10 percent of current GDP of $29,962.00 billion.
House Speaker Mike Johnson wants you to know this is jet fuel for the economy.
Sunday, July 6, 2025
If it hasn't been jet fuel since 2017, it won't be now
Real GDP has been 2.43% compound annual 1Q2017 through 1Q2025. And that includes all the obscene pandemic spending.
This isn't even close to the 2.8% Trump cheerleaders are promising, let alone the 3% The Speaker touts.
Thursday, July 3, 2025
The GOP House bowed down and worshipped before the GOP Senate and voted for its reconciliation bill lock, stock, and barrel today at 2:30pm, including all the clowns of the House Freedom Caucus
The roll call vote is here.
The $36 trillion national debt will soar.
The interest payments on that debt were $639 billion fiscal year to date at the end of May, and they will soar, too.
The so-called fiscal conservatives of the House Freedom Caucus could have stopped this monstrosity, but they all backed down save for Massie and Fitzpatrick, and they aren't even members.
The entire House Freedom Caucus voted for it.
Pressure on the House GOP reconciliation bill holdouts got them all, save one, to flip at 03:23 this morning, finally allowing the bill to come to the floor for debate
Thomas Massie was originally for bringing the bill to the floor for debate, then switched to against that after Trump got testy with him lol, and then switched back to for again after getting Trump to stop criticizing him, at least temporarily.
He'll still vote against this damn thing, and will probably be the only one.
The debate phase started at 03:30 and is still ongoing.
Hakeem Jeffries is trying to outdo Kevin McCarthy with a marathon floor speech in opposition longer than eight hours and thirty-two minutes.
Wednesday, July 2, 2025
House GOP can't agree to proceed to debating Senate reconciliation bill, vote stands at 206 Yea, 216 Nay (4 GOP against), with 10 GOP not voting
Yikes.
Even if all not voting GOP vote Yea, there's a tie. Not good enough.
And moments ago Thomas Massie changed his Yea to Nay lol.
Trump’s megabill is in real trouble; House GOP leaders need to flip a ‘no’ vote to a yes
Senate reconciliation bill gives chipmakers like TSMC more tax credits while cutting Medicaid
The new provisions expand on tax incentives under the 2022 CHIPS and Science Act, which provided grants of $39 billion and loans of $75 billion for U.S.-based semiconductor manufacturing projects. ...
... Recent changes to the bill would cut roughly $1.1 trillion in health-care spending over the next decade, according to new estimates from the nonpartisan Congressional Budget Office.
More than $1 trillion of those cuts would come from Medicaid, a joint federal and state health insurance program for disabled and low-income Americans, according to the CBO. The funding cuts go beyond insurance coverage: The loss of that funding could gut many rural hospitals that disproportionately rely on federal spending.
The CBO estimates that the current version of the bill would result in 11.8 million people losing health insurance by 2034, with the majority of those people losing Medicaid coverage. ...
Approximately 72 million Americans are currently enrolled in Medicaid, about one-fifth of the total U.S. population, according to government data. Medicaid is the primary payer for the majority of nursing home residents, and pays for around 40% of all births. ...
Tuesday, July 1, 2025
What fools these people are! What fools they think we must be!
The US Senate's biggest phony, Republican Senator Ron Johnson of Wisconsin, boasted he had enough votes to stop Trump's bill, but voted for it all three times in the end
The roll call votes are here, here, and here.
June 4, 2025, here:
Republican Sen. Ron Johnson on Wednesday blasted President Donald Trump’s “one big, beautiful bill” as “immoral” and “grotesque,” and reiterated that he will vote against it unless his GOP colleagues make major changes.
“This is immoral, what us old farts doing to our young people,” Johnson said on CNBC’s “Squawk Box” after sounding alarms that the massive tax-and-spending-cut bill would add trillions of dollars to national deficits.
“This is grotesque, what we’re doing,” Johnson said. “We need to own up to that. This is our moment.”
“I can’t accept the scenario, I can’t accept it, so I won’t vote for it, unless we are serious about fixing it,” he continued.
Johnson has been among the Senate’s loudest GOP critics of the budget bill that narrowly passed the House last month.
Johnson and other fiscal hawks have taken aim over its effect on the nation’s debt. The nonpartisan Congressional Budget Office estimated later Wednesday that the bill would add $2.4 trillion to the national debt over the next decade.
Johnson has proposed splitting the bill into two parts, though Trump insists on passing his agenda in a single package.
“The president and Senate leadership has to understand that we’re serious now,” Johnson said of himself and the handful of other GOP senators whose opposition to the bill could imperil its chances.
“They all say, ‘Oh, we can pressure these guys.’ No, you can’t.”
Republicans hold a narrow 53-47 majority in the Senate, so they can only afford to lose a handful of votes to get the bill passed in a party-line vote.
“Let’s discuss the numbers, and let’s focus on our children and grandchildren, whose futures are being mortgaged, their prospects are being diminished by what we are doing to them,” Johnson said.
Johnson’s comments came one day after Elon Musk ripped into the spending bill, calling it a “disgusting abomination” that will lead to exploding deficits. The White House brushed aside Musk’s comments.
Johnson said Musk’s criticisms bolster the case against the bill.
“He’s in the inside, he showed … President Trump how to do this, you know, contract by contract, line by line,” Johnson said of Musk. “We have to do that.”
Johnson said his campaign against the bill in its current form is not a “long shot,” because he thinks there are “enough” Republican senators who will vote against the bill.
“We want to see [Trump] succeed, but again, my loyalty is to our kids and grandkids,” he said.
“So there’s enough of us who have that attitude that very respectfully we just have say, ’Mr. President, I’m sorry, ‘one, big, beautiful bill’ was not the best idea,” he added.
GOP coward Senator Lisa Murkowski today hopes the US House will fix the reconciliation bill she just voted for, just like GOP coward Rep. Chip Roy hoped in May the US Senate would fix the reconciliation bill he just voted for
You can't make this up!
Cowards hope someone else will do what must be done.
Heroes do it themselves.
Vote Nay for once!
The dark side had to come to the rescue of Trump's reconciliation bill in the U.S. Senate THREE TIMES
Vance breaks 50-50 tie as Senate passes GOP megabill after voting around the clock
Vice President Vance cast the tie-breaking vote as Senate Republicans on Tuesday delivered a huge legislative victory for President Trump by passing his One Big, Beautiful Bill Act after hours of tense negotiations that lasted through the night. ...




























