Wednesday, July 2, 2025
Deane Waldman argues Medicaid cuts of 20 million new Biden enrollees who don't belong there would save lives by shortening wait times for care which have swelled to 132 days
Medicaid cuts could save thousands of lives
... Reduced enrollment and cuts to nonclinical spending could shorten wait times, make care more accessible, and reduce death-by-queue. No one in the media has reported this potential benefit from cuts to Medicaid. ...
Housing in a Fed stress test scenario
The median price of houses sold in the United States in March 1963 was $17,800.
Adjusted for inflation to March 2025, that would be $186,600.
But in fact the median price of houses sold was $416,900, 123% higher.
A 36% shock to that as contemplated by the Fed's recent bank stress tests could bring the median price of houses sold down to $266,800, dialing the clock back to 2013, which is still 43% higher than what the long term price would be merely adjusted for inflation.
A large number of homeowners who have purchased homes from 2020 when prices skyrocketed by 31% could be instantly underwater in this scenario. There have been 4.73 million new large bank consumer mortgage originations since 2Q2020.
Add losing a job and boom, you could have another foreclosure crisis all over again.
The 2007 shock to the median price of houses sold was only 19% 1Q2007-1Q2009, with prices not recovering until 1Q2013, but many millions of foreclosures were completed over the period.
A mitigating factor for homeowners generally today is owners' equity in real estate, which was almost 62% in 2005, but in 2025 is almost 72%, ten points higher. We haven't seen a level like that since 1960.
Owners' equity had crashed by a quarter to 46% by 1Q2012, the lowest on record in the post-war.
Every major bank passes stress test from the US Federal Reserve
507 banks failed in the United States 2008-2014 inclusive, costing the Deposit Insurance Fund nearly $90 billion. Many millions of homes went into completed foreclosure.
... All 22 banks tested this year would have remained solvent and above the
minimum thresholds to continue to operate, the Fed said, despite
absorbing roughly $550 billion in theoretical losses. ...
Under this year’s hypothetical scenario, a major global recession would
have caused a 30% decline in commercial real estate prices and a 33%
decline in housing prices. The unemployment rate would rise to 10% and
stock prices would fall 50%. In 2024, the hypothetical scenario was a
40% decline in commercial real estate prices, a 55% decline in stock
prices and a 36% decline in housing prices. ...
The 2024 benchmarks are a mixture.
The 2007 shock to the median price of houses sold was only 19% 1Q2007-1Q2009, with prices not recovering until 1Q2013. But since the median price of houses sold has jumped by about 31% just since 2020, planning for a future 36% decline is more than appropriate.
Unemployment
peaked at 10% in October 2009. The civilian employment level contracted
by almost 7 million 2007-2010 on an average basis, and did not recover
until 2014, seven long years later. Pandemic unemployment peaked at 14.8% in April 2020. We got as high as 10.8% in November and December 1982. Great Depression unemployment peaked at 25.59% in May 1933. This one is a crap-shoot.
The average price of the S&P 500 fell 50.8% between October 2007 and March 2009, but in 2007 the S&P 500 was valued about 26% above the long term mean, not 130% as in 2024.
That's the datum that worries me. Just to get to its historical median value of 81, the S&P 500 today would have to fall 61%, to about 2425.
Imagine the howls.
Ukraine suffered its largest attack yet from Russia, Trump's response is to cut weapon shipments while dithering yet another two weeks on his Putin ultimatum
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. ...
Senate reconciliation bill gives chipmakers like TSMC more tax credits while cutting Medicaid
... Under the bill, passed by the Senate Tuesday, tax credits for those
semiconductor firms would rise to 35% from 25%. That’s more than the 30%
increase that had made it into a draft version of the bill. ...
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
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. ...
 |
| the three ties which J. D. Vance had to break |
Monday, June 30, 2025
Phony Republican current policy baseline says Trump tax cuts will cost $0 going forward, Congressional Budget Office says $3.5 trillion
Graham claims sole authority to decide if GOP megabill complies with budget laws
... Sen. Jeff Merkley (D-Ore.), the ranking member of the Budget Committee, immediately appealed the ruling of the chair.
He pointed to a letter he received from Congressional Budget Office Director Phillip Swagel asserting that the Finance portion of the bill would increase federal deficit by $3.5 trillion between 2025 and 2034 and increase deficits beyond the 10-year budget window, which ends in 2034.
“The ability of the chair to create a phony baseline has never been used in reconciliation, not ever,” Merkley argued.
“This breaks a 51-year tradition of the Senate for honest numbers,” he declared.
Merkley’s appeal of the chair’s ruling empowering Graham failed by a party-line vote. Senators rejected it by a vote of 53 to 47. ...
Every Republican in the U.S. Senate drank the koolaid this morning and voted for the current policy baseline, including Thom Tillis, Rand Paul, Ron Johnson, you name 'em, they voted for it
I'm speechless.
The roll call vote is here.
Using their magic eraser, the Trump tax cuts will cost $0 going forward.
Words have a meaning, and Real Clear Politics wants you to think Donald Trump intimidated Senator Thom Tillis to disappear
Thom Tillis announces retirement from Senate after clash with Trump
The truth: ... The North Carolina Republican announced on Sunday that he would not seek reelection in the 2026 cycle. ...
Thom is still there, hopefully to vote Nay again today on Trump's big, ugly charade of a reconciliation bill, and will be there for eighteen more months, and there's not a damn thing Trump can do about it.
He will be a potent second potential Nay vote in the US Senate on everything with Rand Paul.
Sunday, June 29, 2025
Looks like there's a new chart at FRED which tracks Trump's goods-trade deficits lol, $96.5 billion in May
Update Jul 29, 2025:
OK, so it appears it's not a new chart series. It's an advance report of the most recent month without showing the previous months. May goods trade balance was $96 billion in the hole (above), now June is $85 billion in the hole (below).
Trump wants goods trade surpluses but isn't getting them. And good luck to him. America stopped being a net exporter of goods in 1969, at which time the chart for that stopped being updated (also below).
Republicans are doing an end-run around the Senate parliamentarian to make novel use of the current policy baseline instead of current law, asserting a Democrat precedent from 2022
Senate GOP declines to meet with parliamentarian on whether Trump tax cuts add to deficit
... Republicans, however, say that the parliamentarian doesn’t have a role in judging how much the tax portion of the One Big Beautiful Bill Act would add to the deficit within the bill’s 10-year budget window or whether it would add to deficits beyond 2034.
They argue that Budget Committee Chair Lindsey Graham (R-S.C.) has authority under Section 312 of the Congressional Budget Act “to determine baseline numbers of spending and revenue.”
Ryan Wrasse, a spokesperson for Senate Majority Leader John Thune (R-S.D.), pointed to a Budget Committee report published when Democrats were in the majority in 2022 stating that the Budget Committee, through its chair, makes the call on questions of numbers, not the parliamentarian.
Graham received a letter from Swagel [CBO Director] on Saturday stating that the Finance Committee’s tax text does not exceed its reconciliation instructions or add to deficits after 2034 when scored on the “current-policy” baseline that Graham wants the Joint Committee on Taxation (JCT) and CBO to use.
Taylor Reidy, a spokesperson for the Budget panel, asserted on the social platform X that “there is no need to have a parliamentarian meeting with respect to current policy baseline because Section 312 of the Congressional Budget Act gives Sen. Graham — as Chairman of the Budget Committee — the authority to set the baseline.” ...
All you really need to know is that whatever these yokels end up passing, the country will be $50-$60 trillion in debt ten years from now because they spend too much and tax too little.
Republican Senator Thom Tillis from North Carolina will not run again in 2026 after voting to stop Trump's reconciliation bill
Tillis won’t run for reelection in North Carolina
Sen. Thom Tillis (R-N.C.) on Sunday announced he will not seek reelection to the Senate next year, firing a political shock wave into the midterm cycle after he said he would oppose President Trump’s mammoth tax package. ...
Good morning to all, except to those who cannot spell yesses and noes
Alexander Bolton at The Hill here:
... The vote to proceed to the sprawling budget reconciliation package remained open on the Senate floor for more than three and a half hours, stuck for a long time at 47 yes’s and 50 no’s. ...
Trump & Co. played up Fordow from the beginning because they knew they couldn't do anything about Isfahan
... The comment by Joint Chiefs of Staff Chairman Gen. Dan Caine, which was described by three people who heard his remarks and a fourth who was briefed on them, is the first known explanation given for why the US military did not use the Massive Ordnance Penetrator bomb against the Isfahan site in central Iran. US officials believe Isfahan’s underground structures house nearly 60% of Iran’s enriched uranium stockpile, which Iran would need in order to ever produce a nuclear weapon. ... Isfahan was only struck by Tomahawk missiles launched from a US submarine. ...
An early assessment produced by the Defense Intelligence Agency in the day after the US strikes said the attack did not destroy the core components of the country’s nuclear program, including its enriched uranium, and likely only set the program back by months, CNN has reported. It also said Iran may have moved some of the enriched uranium out of the sites before they were attacked. ...
Caine and Hegseth on Thursday said the military operation against Fordow went exactly as planned but did not mention the impacts to Isfahan and Natanz.
The emphasis on Fordow from the beginning was intentional, because they knew they couldn't do anything about Isfahan.
You know, like "Look over there! A deer!"
Republican Senator Ron Johnson of Wisconsin folds like a house of cards, switches his Nay vote to Yea to advance reconciliation bill to the Senate floor for debate
Trump megabill narrowly advances in Senate despite two GOP defections
Senate Republicans on Saturday narrowly voted to advance a sprawling 1,000-page bill to enact President Trump’s agenda, despite the opposition of two GOP lawmakers.
The vote was 51-49.
Two Republicans voted against advancing the package: Sen. Rand Paul (R-Ky.), who opposes a provision to raise the debt limit by $5 trillion and Sen. Thom Tillis (R-N.C.), who says the legislation would cost his state $38.9 trillion in federal Medicaid funding.
Sen. Ron Johnson (R-Wis.) changed his “no” vote to “aye,” and holdout Sens. Mike Lee (R-Utah), Rick Scott (R-Fla.) and Cynthia Lummis (R-Wyo.) also voted yes to advance the bill.
The bill had suffered several significant setbacks in the days and hours before coming to the floor, at times appearing to be on shaky ground.
The vote itself was also full of drama. ...
Flashback to May 25 when Johnson said he had enough votes in the Senate to stop the bill:
GOP senator says resistance to Trump's 'Big, Beautiful Bill' could stop it in the Senate
President Donald Trump and Speaker Mike Johnson are hopeful for minimal modifications in the Senate to the "One Big, Beautiful Bill" passed by the House last week, but one Republican senator said there's enough resistance to halt the bill unless there are significant changes.
"The first goal of our budget reconciliation process should be to reduce the deficit. This actually increases," Sen. Ron Johnson, R-Wis., told CNN's "State of the Union" on Sunday, urging deeper spending cuts than those in the bill to reset to a "reasonable, pre-pandemic level of spending."
"I think we have enough to stop the process until the president gets serious about spending reduction and reducing the deficit," Johnson said. ...
Didn't even have him!
Saturday, June 28, 2025
Trump administration fails to intimidate Canada, goes Galt and ends trade talks
... The first payments from Canada’s digital services tax, which was enacted
last year and applies retroactively to 2022, are set to be collected
Monday. The tax would hit both domestic and foreign tech companies,
including U.S. giants such as Amazon, Google and Meta.
Canadian officials said this month that they would not pause the digital services tax, despite ferocious opposition from the United States.
“Obviously, we think it’s patently unfair to do it retroactively,” Treasury Secretary Scott Bessent said later Friday on CNBC’s “Closing Bell: Overtime.”
Bessent said the Trump administration was hoping that Carney’s government would “put a brake on” the tax “as a sign of goodwill.” ...
Trump's idea of good will is 50% tariffs on Canadian steel and aluminum, 25% tariffs on autos, an overall 10% tariff on most everything else, and a 25% "fentanyl" tariff.
Trump is the Uniparty, floats an Iran policy similar to Obama's
... The potential deal would mark a major reversal in policy for President
Trump, who pulled the U.S. out of the Obama administration’s nuclear
deal with Iran in 2018 arguing in part that the sanctions relief and
unfreezing of Iranian assets had provided a “lifeline of cash” to the Iranian regime to continue its malign activities. ...
Friday, June 27, 2025
The weekend help has arrived early at Drudge lol
Four trillion TRILLION dollars! Now that's a lot of money!
If anyone is stuck, it's Gen Xer Peter Thiel
... I’m always anti-boomer ...
In The New York Times, here.
Thursday, June 26, 2025
The consensus estimate for today's GDP report was indeed for -0.2, instead it surprised at -0.5
First-quarter gross domestic product (GDP) growth was revised lower Thursday in light of reduced consumer spending, surprising economists.
GDP contracted by 0.5 percent on an annualized basis, 0.3 percentage points lower than the last measurement from the Commerce Department.
Economists were expecting the number to stay the same at a 0.2 percent contraction. ...
More.
Average yields at Treasury Note auctions this week have been significantly lower than at the immediately preceding auctions, indicating there has been a flight to safety on souring economic growth expectations.
Trump may get his lower interest rates . . . the hard way, lol.
1Q2025 real GDP revised down 0.3 to -0.5 in third and final estimate on an increase in imports front-loaded into 1Q to avoid Trump's tariffs
Real gross domestic product (GDP) decreased at an annual rate of 0.5 percent in the first quarter of 2025 (January, February, and March), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.
The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment and consumer spending.
Real GDP was revised down 0.3 percentage point from the second estimate, primarily reflecting downward revisions to consumer spending and exports that were partly offset by a downward revision to imports. ...
More.
Sounds like Howard Lutnick gobbledygook at the end there. Paragraph two speaks of an increase in imports. Paragraph three of a downward revision to imports.
Which is it lol?
Nominal 1Q2025 GDP clocks in at $29.962 trillion in the third estimate. SPX was at 5612 on Mar 31, yielding a crazy high stock market valuation of 187.
The International Atomic Energy Agency, which said Iran possessed 400kg of highly enriched uranium on June 12, says they'd have to go to the bomb sites to really know the extent of the damage caused by the U.S. attacks
Iran’s nuclear facilities “suffered enormous damage” from the U.S. airstrikes Saturday, but more extensive evaluation is needed, the head of the United Nations’ nuclear watchdog said Thursday.
“I think ‘annihilated’ is too much, but it has suffered enormous damage,” International Atomic Energy Agency (IAEA) director Rafael Grossi told French broadcaster RFI. “I know there’s a lot of debate about the degree of annihilation, total destruction, and so on, what I can tell you, and I think everyone agrees on this, is that very considerable damage has been done.”
“Obviously, you have to go to the site and that is not easy, there is debris and it is no longer an operational facility,” he added.
More.
Initial claims for unemployment in June 2025 were last higher in June 2023, but yikes continued claims were last higher in Dec 2021
4-week moving averages, initial claims monthly average, continued claims biweekly average:
Wednesday, June 25, 2025
Federal Reserve floats proposal to ease bank capital requirements which were increased in the wake of the Great Financial Crisis of 2008, Fed Governors Kugler and Barr in opposition
... The Fed board put the proposal open for a 60-day public comment window.
In its draft form, the measure would call for reducing the top-tier capital big banks must hold by 1.4%, or some $13 billion, for holding companies. Subsidiaries would see a larger drop, of $210 billion, which would still be held by the parent bank. The standard applies the same rules to so-called globally systemic important banks as well as their subsidiaries.
The rule would lower capital requirements to range of 3.5% to 4.5% from the current 5%, with subsidiaries put in the same range from a previous level of 6%. ...
However, Governors Adriana Kugler and Michael Barr, the former vice chair of supervision, said they would oppose the move.
“Even if some further Treasury market intermediation were to occur in normal times, this proposal is unlikely to help in times of stress,” Barr said in a separate statement. “In short, firms will likely use the proposal to distribute capital to shareholders and engage in the highest return activities available to them, rather than to meaningfully increase Treasury intermediation.” ...
Methinks J. D. Vance doth protest too much about Jerome Powell
It backfired on Powell, though.
Yields climbed in response. 10Y went from 3.63 on Sep 16 to 4.37 by Nov 1. And core PCE inflation shot back up.
It's proof yet again that the Fed has next to no control over interest rates. It's one of the great myths of our time that it does, a myth Vance believes.
If Powell had cut and Kamala won, irrespective of what rates or inflation did, Vance might have an argument. He should quit complaining and take the win.
Meanwhile core PCE inflation was 2.66 in Sep 2024, same as it was in Mar 2025.
You'd think twice about trying that again, too, if you got burned like that, especially if you're being hectored by the tag-team wrestlers of the Oval Orifice.
Tuesday, June 24, 2025
Food items making new all time high average prices in the United States in May 2025
All prices are FRED data from the St. Louis Fed in U.S. dollars.
Ground Chuck 6.018/lb
Coffee 7.931
White Sugar 1.054
Bananas 0.655
Potato Chips 6.731
Ice Cream 6.466/half gallon
100% Ground Beef 5.981/lb
All Uncooked Ground Beef 6.245
American Cheese 5.063
Beer 1.834/pint
Because the BBB is a GOP Christmas tree of policy-change goodies masquerading as a reconciliation bill
This was taken down pretty early this morning by the suck-ups at Real Clear Politics. I guess the bosses come in a little later than the help.
This is arguably one of the best discussions of what is really going on that you will find.
The estimate of the Senate Finance Committee’s tax provisions reflect
a cost of $441 billion over ten years, according to the Joint Committee
on Taxation’s estimate over the weekend.
How, you might ask, could the Finance Committee have extended all the
Trump tax cuts, expanded some of them, added a bunch of other new tax
cuts, made some temporary business tax cuts permanent, and still only
cost $441 billion? The trims to clean-energy tax credits and other
rollbacks, you would presume, weren’t SO costly that they would nearly
wipe out all of the costs!
The answer, friends, is a big gimmick known as the current policy baseline.
Senate Republicans are claiming that, because the Trump tax cuts are in
place now, as current policy, it costs $0 to extend them. An analogy
would be if Congress passed a bill to institute Medicare for All for one
day, at the cost of $4 to $8 billion,
depending on your estimate, and then the next day they passed a bill
extending M4A permanently, which would cost … nothing. The same
Republicans who would scream bloody murder at that dastardly maneuver
are the ones now employing this absurd maneuver.
The reality is that the Trump tax cuts, under a current law baseline
that compares the policy to the change to current law, really cost
$3.76 trillion over ten years. If you add that to the $441 billion
estimate, you have a tax section that costs over $4.2 trillion. This is
$400 billion higher than the House version that the Freedom Caucus
already found intolerable, and that some self-styled Republican budget
hawks in the Senate are grumbling about. ...
In most cases, the parliamentarian looks at whether provisions have a purely budgetary purpose, rather than policy dressed up as a budget item. (This is known as the Byrd Rule, after the longtime Democratic senator from West Virginia, Robert Byrd; the process by which the parties debate the provisions and by which a ruling is made is known as the “Byrd bath.”) ...
For context, the House version costs $3.3 trillion over a decade, according to the latest estimates. We’re verging on $4 trillion for the Senate bill—unless the Republicans’ wish to have the $3.7 trillion in tax cuts entered as zero passes muster with the parliamentarian. ...
Update Wed Jun 25:
Real Clear Politics put this back up in the rotation this morning, lol.
Mark Levin is right, can't understand why Trump is throwing Iran's Nazi leader a lifeline
Because Trump is weak, Mark. It's a failure of nerve. He doesn't have the right stuff.
Iran should be forced to sign a surrender document. Unconditional surrender. They lost their nukes, they’ve lost their air force, they have no ground-to-air protection. China didn’t step in, Russia didn’t step in, not a single Arab country stepped in. The Supreme Nazi is hiding in a bunker much like Adolf Hitler did. Adolf Hitler wasn’t thrown a lifeline. He wasn’t thrown a lifeline. He was going to be killed, so he committed suicide.
More.
Yeah, what a hero Trump is, they should give him the Nobel Peace Prize
From the suck-ups at Real Clear Politics this morning:
Monday, June 23, 2025
Iran is now but a shadow of its former self
Iran's but a walking shadow, a poor player
That struts and frets his hour upon the stage
And then is heard no more: it is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.
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