Friday, December 12, 2025
Trump's FY2026 deficit through November is $457 billion but he thinks he has tariff revenue to play around with to bailout the farmers his own tariffs screwed
The National Debt these deficits increase stands at $38.35 trillion.
And people accuse Wall Street of short-term thinking.
More executive overreach from Trump on AI regulation after Congress balked
Republicans in Congress knew that they would be blamed in Blue states and lose even bigger next November.
Expect this executive overreach to be challenged in court.
... A proposed 10-year ban on states regulating AI was initially included in the Republican spending bill but was cut out before Trump signed it in July. ...
This was a plausible excuse for the latest Fed rate cut
But what it really does is get the meddlesome Trump off their backs, whether jobs are flagging or not. Jobless claims have averaged a very, very low sub-227k in 2025.
Meanwhile Powell & Co. did an end-run around Trump by confirming all the regional bank presidents two months early, before Trump could meddle with that, too, which was a fear.
Which is very amusing.
Long term yields have not believed in the rate cuts.
They have risen, risen indeed!, since the Fed started cutting in the face of persistent inflation in September 2024, and remain higher today.
You can run, but you can't hide from the Hound of Heaven.
Thursday, December 11, 2025
It is obvious to everyone except Republicans that the Reagan Revolution of tax cuts for the rich has failed to produce the economic growth America was accustomed to before he became president
We had a few dozen billionaires in the Reagan era. Now we have hundreds.
Growth of GDP, percent change, annual, rolled over after 1984, inaugurating a new period of lower trendline growth in the economy.
You're not wrong to feel poorer.
Just look at the trend lines for the data in this chart from before 1984 and after 1984. The change is glaring. The money which used to go into the economy to grow it has gone straight into the pockets of the rich.
Meanwhile Trump had one year in 2018 at 5.32% and he thinks he's God's gift to humanity, when Bush 43 did better in 2004-2006 at 6.64, 6.72, and 5.95.
Doddering old Joe Biden comes along and averages 8.22 for four years and what do Democrats do but throw him under the bus.
It's enough to make you scream.
Wednesday, December 10, 2025
Monday, December 8, 2025
Pete Hegseth's March and April 2016 NeverTrump comments about issuing illegal orders to the military make him look like an early member of the six Democrat panel he now criticizes
Link.
Link.
Link.
Link.
Pete is nothing if not a shapeshifter like most of the people around Trump who were against him before they were for him.
Meanwhile Batshit-crazy Ungar-Sargon wants you to know that illegal drugs are Chemical Weapons of Mass Destruction justifying you know what lol
That's another OMG, and it's not even lunch yet on this snow-packed 4-degree F second Monday of December.
Erick Erickson wants you to know that the GOP's anti-semitism could be a real liability in the 2028 election lol
"We'd better get rid of it . . . by then".
OMG.
And you thought Nick Fuentes was the turd in the Republican punchbowl.
Sunday, December 7, 2025
Hegseth should never have been confirmed to SECDEF, Inspector General's report finds his use of Signal in March jeopardized troop safety against the Houthis
Hegseth risked ‘potential harm to US pilots’ in using Signal to discuss strikes: Report
... “The Secretary sent nonpublic DoD information identifying the quantity and strike times of manned U.S. aircraft over hostile territory over an unapproved, unsecure network approximately 2 to 4 hours before the execution of those strikes,” the report states.
“Using a personal cell phone to conduct official business and send nonpublic DoD information through Signal risks potential compromise of sensitive DoD information, which could cause harm to DoD personnel and mission objectives.” ...
“Although the Secretary wrote in his July 25 statement to the DoD OIG that ‘there were no details that would endanger our troops or the mission,’ if this information had fallen into the hands of U.S. adversaries, Houthi forces might have been able to counter U.S. forces or reposition personnel and assets to avoid planned U.S. strikes,” the report concluded.
“Even though these events did not ultimately occur, the Secretary’s actions created a risk to operational security that could have resulted in failed U.S. mission objectives and potential harm to U.S. pilots.” ...
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