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Posted
5 hours ago, Kizion said:

 

Could it have been Musk’s plan from the start to present himself as an ally to the public and build credibility with the MAGA crowd, just so he’d have the ability to turn against Trump later on?

 

A direct attack wouldn’t have stood a chance, so this approach puts the odds more in his favor.

 

Seems like it might have backfired if that's the case. The left still hates Musk, and the MAGA crowd will follow their marching orders. 

Posted (edited)

 

Reporter - “Are you going to deport Elon Musk?”

Trump - “We’ll have to take a look.We might have to put DOGE on Elon. DOGE is the monster that might have to go back and eat Elon. Wouldn’t that be terrible? He gets a lot of subsidies.”

 

So much for free speech in America?!?........I'm sorry Trump lovers out there but this meets the technical definition of authoritarianism...would he follow through, maybe not.....thats not the point though...this most certainly is authoritarianism under the category of suppression of dissent using the apparatus of the State.....threatening a US citizen with de-naturalization and to harm them economically via federal contracts because they DISAGREE with you on policy is simply un-American......

 

Really would like to hear COBF's MAGA army give me their hot-take @cubsfan etc.....really like to understand if they think this is "cool" and fair game or if I'm being a "crybaby"?

 

Edited by changegonnacome
Posted
14 minutes ago, dealraker said:

If you haven't watched the HBO and Danny McBride's The Righteous Gemstones - give it a try.  You get the most grandiose summary of our popular religious model. 

Love the righteous gemstones! 

Posted
26 minutes ago, changegonnacome said:

 

Reporter - “Are you going to deport Elon Musk?”

Trump - “We’ll have to take a look.We might have to put DOGE on Elon. DOGE is the monster that might have to go back and eat Elon. Wouldn’t that be terrible? He gets a lot of subsidies.”

 

So much for free speech in America?!?........I'm sorry Trump lovers out there but this meets the technical definition of authoritarianism...would he follow through, maybe not.....thats not the point though...this most certainly is authoritarianism under the category of suppression of dissent using the apparatus of the State.....threatening a US citizen with de-naturalization and to harm them economically via federal contracts because they DISAGREE with you on policy is simply un-American......

 

Really would like to hear COBF's MAGA army give me their hot-take @cubsfan etc.....really like to understand if they think this is "cool" and fair game or if I'm being a "crybaby"?

 

 

Though if Elon is the president instead, he probably would want to put a neut link in every baby’s brain. 😂 both are insane guys

Posted

https://www.cnbc.com/2025/07/01/powell-confirms-that-the-fed-would-have-cut-by-now-were-it-not-for-tariffs.html
 

Quote

 

When asked during a panel if the Fed would have lowered rates again this year had Trump not announced his controversial plan to impose higher levies on imported goods earlier this year, Powell said, “I think that’s right.”

 

“In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs,” Powell said at European Central Bank forum in Sintra, Portugal.

 

 

JPow blaming Trump's tariffs for keeping rates higher? How dare he blame the dear leader! 

 

Frankly I am upset that foundational economic principles are not re-aligning themselves to comply with Trump's wishes!

Posted
8 minutes ago, LC said:

https://www.cnbc.com/2025/07/01/powell-confirms-that-the-fed-would-have-cut-by-now-were-it-not-for-tariffs.html
 

 

JPow blaming Trump's tariffs for keeping rates higher? How dare he blame the dear leader! 

 

Frankly I am upset that foundational economic principles are not re-aligning themselves to comply with Trump's wishes!


i do think Powell kept the rate too low too long during the years after covid . He should have started raising rates earlier and faster. His actions caused we have higher inflation risk now and he’s dare not to cut rates
 

Posted
1 hour ago, changegonnacome said:

 

Reporter - “Are you going to deport Elon Musk?”

Trump - “We’ll have to take a look.We might have to put DOGE on Elon. DOGE is the monster that might have to go back and eat Elon. Wouldn’t that be terrible? He gets a lot of subsidies.”

 

So much for free speech in America?!?........I'm sorry Trump lovers out there but this meets the technical definition of authoritarianism...would he follow through, maybe not.....thats not the point though...this most certainly is authoritarianism under the category of suppression of dissent using the apparatus of the State.....threatening a US citizen with de-naturalization and to harm them economically via federal contracts because they DISAGREE with you on policy is simply un-American......

 

Really would like to hear COBF's MAGA army give me their hot-take @cubsfan etc.....really like to understand if they think this is "cool" and fair game or if I'm being a "crybaby"?

 

 

I'm not one of the MAGA faithful, but I have no problem with one asshole taking out another asshole!  Neither one of these guys has an inner dialogue.  They just can't help vomit anything flowing through their head.  Both have their beliefs and will do anything to bring them to fruition...doesn't matter who it hurts because the goal at the end of the road is always more important than the roadkill!  So if they decide they want to drive their Hummer or Cybertruck over one another, I'm ok with that.  Cheers!

Posted
40 minutes ago, sleepydragon said:


i do think Powell kept the rate too low too long during the years after covid . He should have started raising rates earlier and faster. His actions caused we have higher inflation risk now and he’s dare not to cut rates
 

 

With all of the stimulus that will come from Trump policies, reducing rates probably would have created massive inflation long-term.  Trump policies will create lots of jobs, increase consumer spending, reduce taxes, increase investments...and those policies are probably tempered now by reduced illegal employment, decreased spending by the bottom 50%, flat interest rates, lower energy prices and a slump in housing.  One or two cuts might have been ok...anything more like Trump wants...that would be a long-term concern.  Cheers!  

Posted
1 hour ago, changegonnacome said:

 

Reporter - “Are you going to deport Elon Musk?”

Trump - “We’ll have to take a look.We might have to put DOGE on Elon. DOGE is the monster that might have to go back and eat Elon. Wouldn’t that be terrible? He gets a lot of subsidies.”

 

So much for free speech in America?!?........I'm sorry Trump lovers out there but this meets the technical definition of authoritarianism...would he follow through, maybe not.....thats not the point though...this most certainly is authoritarianism under the category of suppression of dissent using the apparatus of the State.....threatening a US citizen with de-naturalization and to harm them economically via federal contracts because they DISAGREE with you on policy is simply un-American......

 

Really would like to hear COBF's MAGA army give me their hot-take @cubsfan etc.....really like to understand if they think this is "cool" and fair game or if I'm being a "crybaby"?

 

 

You're a very smart guy - and I know you can take a joke.

 

You can troll with the best of them just like Trump did!

Posted
49 minutes ago, Parsad said:

 

With all of the stimulus that will come from Trump policies, reducing rates probably would have created massive inflation long-term.  Trump policies will create lots of jobs, increase consumer spending, reduce taxes, increase investments...and those policies are probably tempered now by reduced illegal employment, decreased spending by the bottom 50%, flat interest rates, lower energy prices and a slump in housing.  One or two cuts might have been ok...anything more like Trump wants...that would be a long-term concern.  Cheers!  

I think rates should stay where they are.  Savers are and have been hurt by ultra low interest rates.  Why should everyone be pushed into risk assets?  Why should risk-averse folks have to lend money to banks or the government for near no return?  

Posted
22 minutes ago, cubsfan said:

You're a very smart guy - and I know you can take a joke.

 

Ok understood - MAGA files this under "them is jokes".....maybe you're right....its just all his jokes these days seem to be in the genre of joke threats against political, legal, institutional or citizens that disagree or oppose his agenda.......very niche type of humor I guess.....and I'm not sure threat jokes are funny from a guy who actually controls the federal government.

Posted
11 minutes ago, changegonnacome said:

 

I'd agree....if it weren't that one of the assholes is the President and the other a private citizen.

Bingo. And I voted for the guy and support a lot of the things he's done. But he's also damaging the office and political norms (up there with the Dems' threatening to pack the court, abolish the filibuster, etc etc.) 

Posted (edited)
2 hours ago, Parsad said:

With all of the stimulus that will come from Trump policies, reducing rates probably would have created massive inflation long-term. 

 

The aim of the game here for the current administration - I'm almost certain everytime I hear Bessent speak and then hear Trump talk about the next Fed chair- is to 'fix' the annual fiscal deficit & bring down the debt to GDP ratio is by running the US economy 'hot' from here on out.....inflation up, real rates down (potentially negative).....suspect we're headed for much much lower short term rates and some monetary interventions, if necessary, by the Fed to the yield curve to control 10yr & 30yr auctions.

 

Edited by changegonnacome
Posted

2024 tariff intake was $86B.  Tariff revenue taken in March $9.6B, April $17.4B,  May $22B, and June as of 6/25 $27B.  Where does this annualize?  >$400B.  

 

”Big beautiful bill” projected to reduce Federal revenue on a dynamic basis by $4T over 10 years or $400B per year.

 

Could all this work?  Throw in more intelligent energy policy and permitting sanity.  Just wondering.

Posted (edited)
48 minutes ago, changegonnacome said:

inflation up, real rates down

 

Bessent's secret 3-3-3 plan........is mid-3's inflation.....3% or mid-3's 10yr (via yield curve control).....and in a blue sky scenario 3% real GDP growth.....all while holding nominal discretionary spending down as much as is possible moving forward......do think Bessent, who is a fiscal hawk at heart and somebody who got into politics because he cares about the country....will have a come to jesus moment ala Musk.....when it becomes clear to him that Trump, deep down, couldn't give a rats ass about the fiscal state of the country he'll leave behind in 2029.

 

Edited by changegonnacome
Posted
46 minutes ago, whiskybravo said:

2024 tariff intake was $86B.  Tariff revenue taken in March $9.6B, April $17.4B,  May $22B, and June as of 6/25 $27B.  Where does this annualize?  >$400B.  

 

”Big beautiful bill” projected to reduce Federal revenue on a dynamic basis by $4T over 10 years or $400B per year.

 

Could all this work?  Throw in more intelligent energy policy and permitting sanity.  Just wondering.

 

Tariffs paid for ultimately by the American consumer, to fund BBB tax cuts benefiting the American 1%. 

 

It's the same story as last time just with different labels.

Why is anyone surprised? 

Posted
26 minutes ago, LC said:

Tariffs paid for ultimately by the American consumer,

 

And American business/industry where the inputs come from overseas......whatever the tariff revenue is.....you can take a big chunk of it off due to lower domestic industrial production, employment, profits....Trump/GOP loves dynamic scoring so much when its used to juice the numbers in a positive way....but this is one line item that won't be dynamically scored as you'd have to write it down significantly.

Posted
2 hours ago, changegonnacome said:

 

Ok understood - MAGA files this under "them is jokes".....maybe you're right....its just all his jokes these days seem to be in the genre of joke threats against political, legal, institutional or citizens that disagree or oppose his agenda.......very niche type of humor I guess.....and I'm not sure threat jokes are funny from a guy who actually controls the federal government.

 

Trump is the funniest President since Reagan. 

 

If you can't laugh at what a disaster the country was before Trump, you could only cry! 

 

"Come on man!" as loser Biden would say.

 

Posted
2 hours ago, whiskybravo said:

2024 tariff intake was $86B.  Tariff revenue taken in March $9.6B, April $17.4B,  May $22B, and June as of 6/25 $27B.  Where does this annualize?  >$400B.  

 

”Big beautiful bill” projected to reduce Federal revenue on a dynamic basis by $4T over 10 years or $400B per year.

 

Could all this work?  Throw in more intelligent energy policy and permitting sanity.  Just wondering.

 

@whiskybravo - Don't give these guys the good news - they can't handle it!

 

Like, we might actually be off to the races!

Posted
1 hour ago, LC said:

 

Tariffs paid for ultimately by the American consumer, to fund BBB tax cuts benefiting the American 1%. 

 

It's the same story as last time just with different labels.

Why is anyone surprised? 

 

I'm sure you're quite surprised at how well everything is going for Trump.

It's really amazing after the greatest week of any US President in modern times.

 

What happened to the recession cause by tariffs?

Posted

 

2 hours ago, cubsfan said:

What happened to the recession cause by tariffs?

 

The poor and working classes are paying for it, right now.

 

But I wouldn't expect MAGA to care about their fellow Americans, particularly as they're trying to deport them for being the wrong color.

Posted
31 minutes ago, LC said:

 

 

The poor and working classes are paying for it, right now.

 

But I wouldn't expect MAGA to care about their fellow Americans, particularly as they're trying to deport them for being the wrong color.

Why can't you just accept the fact that some people would like the US to be a country of laws?    You call everyone you disagree with a heartless racist.  Some of us are just tired of socialism, irresponsibility and government incompetence and corruption.  

If you gave a damn about the poor and the working classes, you would actually cheer deportation of illegals and end to immigration.  Immigration lowers wages and increases housing costs, hurting the working poor.  

 

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