Never pass up a chance to sit down or relieve yourself. -old Apache saying

Friday, March 28, 2025

Hillary Clinton

This Guest Essay by Hillary Clinton is a Gifted Article. I think it is about time that previous Democratic leaders speak up and speak out forcefully about how much Trump is destroying. Tim Walz is getting active, but not a peep from Joe Biden or Kamala Harris. Or Bill Clinton. Or Barack Obama. Does that suggest that they are "ok" with Trump is doing? Doubtful, but we need our best and brightest to speak up.

And yes, I have been pretty silent on this blog and elsewhere online lately. Our recent time has been consumed with packing for our move from South Padre Island to an inland location. I am tired of hearing rockets launch and watching the house shake like a leaf. And I believe in climate change, unlike current-day Republicans, so we are clearing out ASAP. 
Hillary Clinton: How Much Dumber Will This Get?
March 28, 2025

Mrs. Clinton is a former secretary of state and United States senator and was the Democratic nominee for president in 2016.


It’s not the hypocrisy that bothers me; it’s the stupidity. We’re all shocked — shocked! — that President Trump and his team don’t actually care about protecting classified information or federal record retention laws. But we knew that already. What’s much worse is that top Trump administration officials put our troops in jeopardy by sharing military plans on a commercial messaging app and unwittingly invited a journalist into the chat. That’s dangerous. And it’s just dumb.

This is the latest in a string of self-inflicted wounds by the new administration that are squandering America’s strength and threatening our national security. Firing hundreds of federal workers charged with protecting our nation’s nuclear weapons is also dumb. So is shutting down efforts to fight pandemics just as a deadly Ebola outbreak is spreading in Africa. It makes no sense to purge talented generalsdiplomats and spies at a time when rivals like China and Russia are trying to expand their global reach.

In a dangerous and complex world, it’s not enough to be strong. You must also be smart. As secretary of state during the Obama administration, I argued for smart power, integrating the hard power of our military with the soft power of our diplomacy, development assistance, economic might and cultural influence. None of those tools can do the job alone. Together, they make America a superpower. The Trump approach is dumb power. Instead of a strong America using all our strengths to lead the world and confront our adversaries, Mr. Trump’s America will be increasingly blind and blundering, feeble and friendless.

Let’s start with the military, because that’s what he claims to care about. Don’t let the swagger fool you. Mr. Trump and Secretary of Defense Pete Hegseth (of group chat fame) are apparently more focused on performative fights over wokeness than preparing for real fights with America’s adversaries. Does anyone really think deleting tributes to the Tuskegee Airmen makes us more safe? The Trump Pentagon purged images of the plane that dropped the atomic bomb that ended World War II because its name is the Enola Gay. Dumb.

Instead of working with Congress to modernize the military’s budget to reflect changing threats, the president is firing top generals without credible justification. Five former secretaries of defense, Republicans and Democrats, rightly warned that this would “undermine our all-volunteer force and weaken our national security.” Mass layoffs are also hitting the intelligence agencies. As one former senior spy put it, “We’re shooting ourselves in the head, not the foot.” Not smart.

If they’re this reckless with America’s hard power, it’s no surprise that they’re shredding our soft power. As a former secretary of state, I am particularly alarmed by the administration’s plan to close embassies and consulates, fire diplomats and destroy the U.S. Agency for International Development. Let me explain why this matters, because it’s less widely understood than the importance of tanks and fighter jets.

I visited 112 countries and traveled nearly one million miles as America’s top diplomat, and I have seen how valuable it is for our country to be represented on the ground in far-flung places. The U.S. military has long understood that our forces must be forward deployed in order to project American power and respond quickly to crises. The same is true of our diplomats. Our embassies are our eyes and ears informing policy decisions back home. They are launchpads for operations that keep us safe and prosperous, from training foreign counterterrorism forces to helping U.S. companies enter new markets.

China understands the value of forward-deployed diplomacy, which is why it has opened new embassies and consulates around the world and now has more than the United States. The Trump administration’s retreat would leave the field open for Beijing to spread its influence uncontested.

Diplomats win America friends so we don’t have to go it alone in a competitive world. That’s how my colleagues and I were able to rally the United Nations to impose crippling sanctions against Iran’s nuclear program and ultimately force Tehran to stop its progress toward a bomb — something Mr. Trump’s bluster has failed to do. (He actually defunded inspectors keeping an eye on Iranian research sites. Dumb.)


Diplomacy is cost-effective, especially compared with military action. Preventing wars is cheaper than fighting them. Mr. Trump’s own former secretary of defense Jim Mattis, a retired Marine Corps four-star general, told Congress, “If you don’t fund the State Department fully, then I need to buy more ammunition.”

Our development assistance has always been a small portion of the federal budget, but it also has an outsize impact on international stability, especially paired with effective diplomacy. When American aid dollars help stop a famine or an outbreak, when we respond to a natural disaster or open schools, we win hearts and minds that might otherwise go to terrorists or rivals like China. We reduce the flow of migrants and refugees. We strengthen friendly governments that might otherwise collapse.

I don’t want to pretend that any of this is easy or that American foreign policy hasn’t been plagued by mistakes. Leadership is hard. But our best chance to get it right and to keep our country safe is to strengthen our government, not weaken it. We should invest in the patriots who serve our nation, not insult them.

Smart reforms could make federal agencies, including the State Department and U.S.A.I.D., more efficient and effective. During the Clinton administration, my husband’s Reinventing Government initiative, led by Vice President Al Gore, worked with Congress to thoughtfully streamline bureaucracy, modernize the work force and save billions of dollars. In many ways it was the opposite of the Trump administration’s slash-and-burn approach. Today they are not reinventing government; they’re wrecking it.

All of this is both dumb and dangerous. And I haven’t even gotten to the damage Mr. Trump is doing by cozying up to dictators like Russia’s Vladimir Putin, blowing up our alliances — force multipliers that extend our reach and share our burdens — and trashing our moral influence by undermining the rule of law at home. Or how he’s tanking our economy and blowing up our national debt. Propagandists in Beijing and Moscow know we are in a global debate about competing systems of governance. People and leaders around the world are watching to see if democracy can still deliver peace and prosperity or even function. If America is ruled like a banana republic, with flagrant corruption and a leader who puts himself above the law, we lose that argument. We also lose the qualities that have made America exceptional and indispensable.

If there’s a grand strategy at work here, I don’t know what it is. Maybe Mr. Trump wants to return to 19th-century spheres of influence. Maybe he’s just driven by personal grudges and is in way over his head. As a businessman, he bankrupted his Atlantic City casinos. Now he’s gambling with the national security of the United States. If this continues, a group chat foul will be the least of our concerns, and all the fist and flag emojis in the world won’t save us.

Original.


Sunday, March 16, 2025

onward

Scott Dworkin is an independent journalist that tries to keep up with some "good news" re Trump frequently. He is the co-founder and lead investigator of the Democratic Coalition. It's a pretty thankless job. If you can, toss Scott a few bucks at Substack.


Onward!

Before we start another week of Trump’s chaos, I’m pleased to have more good news for you today. I truly hope it gives you some relief, and shows you that—in our fight against tyranny—we are becoming stronger and louder, every single day.

The “Tesla Takedown” movement continued to spread this weekend, with thousands of folks protesting at nearly 80 events throughout the world. Hundreds of people showed up in Baltimore, Boston, and the Philadelphia areas.

The pushback against Musk’s unhinged co-presidency is working. Tesla’s stock is down around 48% since it peaked in mid-December. Multiple stock analysts agree that Elon’s activism plays a role in the stock plummeting. JP Morgan analysts wrote: “We struggle to think of anything analogous in the history of the automotive industry, in which a brand has lost so much value so quickly.”

National protests took place this weekend, following the unlawful detention of activist Mahmoud Khalil—a legal permanent resident of the US, married to a US citizen. Nearly 1,000 people showed up in Times Square to call for Khalil’s release.

There was another protest held outside of the US consulate in Greenland’s capital city. Roughly 1,000 people gathered in what has been described as Greenland’s largest protest ever, rallying against Trump’s attempt to annex the island.

The country’s likely next Prime Minister, Jens-Frederik Nielsen, said: "There is not the slightest chance that I will talk to Trump about Greenland becoming part of the US. Greenland will be Greenland.”

MN Gov. Tim Walz held his second town hall of the weekend yesterday—this time in GOP Rep. Don Bacon’s Congressional District, in Omaha, NE. The crowd of hundreds greeted Walz, a Nebraska native, with chants of “welcome home!”

Walz said this about Bacon, who refuses to do in-person town halls: “Do the damn job and answer the questions.” When asked about Trump’s ban on transgender Americans serving in the military, Walz said: “This nation is less secure and less safe because of that dumbass decision that was made … This is an outrageous attack.”

Walz also said: “There are a lot of ways folks in Omaha could spend their Saturday, but they’re fed up with Trump and want to make their voices heard. I’m here with local Democrats to listen.”

A judge put an immediate halt on Trump’s attempt to deport Venezuelan nationals using an archaic wartime powers act. The judge said the use of the “Alien Enemies Act” was illegal, and ordered all deportation flights in the air to be turned around. “However that is accomplished … make sure it’s complied with immediately,” the judge said.

Michelle Obama just launched a brand new podcast called In My Opinion, along with her brother Craig Robinson. In a yet to be released episode, recorded live from SXSW in Austin, TX, Obama said: “I worry about folks being out of work, and I worry about how we think about diversity and inclusion. I think about how we treat one another, and ... what models that’s setting for the next generation.”

Obama continued, saying: “But I find in those moments that it is better not to try to figure that stuff out alone. Share those concerns. We're not going to figure this stuff out on our own. We need each other.”

Reminding us of the power we have when we are united, Obama said: “The truth is, the small power that each of us has to do something is right in front of us. If we're all doing that, it outweighs anything that some big leader somewhere can do.”

Michelle Obama nails it. Trump can make all the big moves he wants, but we can absolutely stop him if we all do our part, and work together. That’s why we formed our activism arm—The Watchdog Coalition—so that we could unite the opposition against this wannabe-king, focusing on real actions that produce tangible results.

We’ve already sent more than 216,000 letters, and made countless calls to the House and Senate. We will never stop fighting against any cuts to Social Security, Medicaid, Medicare, the VA, and so much more.

And our social media following is one of the largest in all of politics, which we use to push our unmatched messaging campaigns. Like our “Hands Off Our Medicaid,” and “Republican Cuts Hurt Veterans” efforts, which generated more than a billion impressions in a matter of only weeks.

We do all of this, on top of delivering good news daily, as well as one-on-one exclusive interviews with changemakers. Unlike corporate media, we aren’t going to just copy and paste Trump’s propaganda, or repeat his lies.

We’ve been taking on Trump for 9 years, and we will never back down to him. Never.

We have zero outside investors, and we remain ad-free. Which means 100% of our funding comes from our paid subscribers on Substack. So if you haven’t yet, and you’re able, please support what we do by becoming a paid subscriber today:

Onward!

Friday, March 14, 2025

Robert Morris

Yet another holier-than-thou TV megapastor and Donald Trump worshipper has been arrested on sex charges. Never fails. The louder you rant against something, the more guilty you are of it. The more you hold yourself up as a paragon of virtue, the more vile you act. Quite an interesting phenomenon. You'd think they'd have enough brains to shut the fuck up about stuff that YOU DO, but they cannot resist incriminating themselves. No wonder they love Trump. They recognize a fellow conman when they see one.You know, you can be a slut behind closed doors, but don't go molesting women against their will!! And don't even THINK about abusing children!! It's pretty simple!

I keep hoping that unmasking these religious hucksters will eventually cause enough people to turn away from the church, but they just keep coming. 

So many cannot seem to live without imagining that the imaginary being in the sky is looking out for them, and he cares about them, but he needs more money!!


Robert Morris, former Texas megachurch pastor and Trump adviser, indicted for child sex crimes

BY ROBERT DOWNEN, Texas Tribune

pervert pastor

Wednesday, March 12, 2025

Steve Liesman

This is my first attempt to post something from Bluesky HERE on my blog. Looks like it's going to work. This opens up a can of interesting worms. Hopefully those of you who are not on Bluesky will still be able to play this clip successfully. 

I'm glad to see Steve Liesman "going here" on CNBC. He has always seemed more "factual" than many who just speculate and spew crap.



Sunday, March 9, 2025

Iceberg!

I wonder if Leon Skum is going to try to slash jobs at NASA too? I mean, NASA is in direct competition with SpaceX, so I can see Mr Skum trying to kill it. After all, what regular guy needs to see satellite images like the two in this story? That should be reserved only for the very wealthy, like Scum. Just in case, that is satire.

Iceberg Grinds to a Stop off South Georgia Island

NASA Earth Observatory
March 6, 2025


Antarctic iceberg A-23A, currently the largest iceberg on Earth, appears to have run aground off the coast of South Georgia island. As of early March 2025, satellite images showed little movement of the 3,460-square-kilometer (1,240-square-mile) berg after its long and winding journey across the Scotia Sea and final approach toward the island.

South Georgia is the largest of nine islands that make up the South Georgia and South Sandwich Islands, a British overseas territory. While the remote island lacks a permanent human population, scientists visit its research station, and tourists visit its historical sites. The region supports abundant life, from seals and penguins to tiny phytoplankton. It also happens to lie along the northern extent of an ocean route traveled by many Antarctic bergs known as “iceberg alley.”

A-23A’s northward drift suddenly slowed around February 25, 2025, according to Christopher Shuman, a retired glaciologist with the University of Maryland, Baltimore County. Shuman has used satellite images to track A-23A’s drift since it wiggled free from the seafloor in the early 2020s after decades grounded in the Southern Weddell Sea. The berg is now parked more than 2,000 kilometers (1,200 miles) north of its birthplace at Antarctica’s Filchner Ice Shelf, where it calved in 1986.

The map above shows the iceberg’s location on March 4, 2025, with respect to the remote island and its underwater shelf. Its position is based on an image (below) acquired by the MODIS (Moderate Resolution Imaging Spectroradiometer) on NASA’s Aqua satellite.


Josh Willis, an oceanographer at NASA’s Jet Propulsion Laboratory, agrees that currents appear to have carried A-23A into the same shallow shelf region previously encountered by some notable icebergs. The last large iceberg to approach South Georgia was A-68A, a trillion-ton behemoth that encountered the island’s shallow shelf in December 2020. That berg quickly broke into two main pieces that continued to fracture and eventually disintegrate in the northern Scotia Sea around South Georgia.

Researchers later found that melting from the bottom of A-68A added 152 billion metric tons of fresh water to the ocean during its three-month stay near the island. Iceberg meltwater can potentially affect the local ocean environment. It can also add nutrients to the water that foster biological production.

Already, many ice fragments have broken from A-23A’s margins. Though these pieces appear small in the image above and are not large enough to be named by the U.S. National Ice Center, they could still affect the flora and fauna along the island’s shoreline. 

It remains to be seen what becomes of the remainder of the berg’s main mass. When icebergs make it this far north, they eventually succumb to the warmer waters, winds, and currents that make this ocean area a challenge for all seafarers. 

“I think the big question now is whether the strong current will trap it there as it melts and breaks up or whether it will spin around to the south of the island like previous bergs,” Willis said. “Time will tell.”

NASA Earth Observatory images by Wanmei Liang, using MODIS data from NASA EOSDIS LANCE and GIBS/Worldview, ocean bathymetry data and digital elevation data from the British Oceanographic Data Center’s General Bathymetric Chart of the Oceans(GEBCO) and the British Antarctic Survey. Story by Kathryn Hansen.


Saturday, March 8, 2025

Mike Poirier

I detect more ferocity coming from the left about Trump and Musk. Not from our Congresscritters exactly, but from regular folks across this country. The rhetoric is sharpening, the words biting, the anger swelling at what those two clowns are doing to this country. While GOP Senators complain of getting death threats from MAGA if they dare to oppose Trump, they cower instead of rising to the bully challenge. So far, they are all weak cowards, but I still hold out some hope, however remote, that they will begin to step up and say "Enough!" Yeah, I'm naive that way, but it feels to me like the tide is turning against Trump and Musk. I guess they expected all Americans to just lie down and roll over. So far, the GOP sure is.

I borrowed the writing below from a Facebook group. Next up I will try to repost an epic rant from Chris Titus, American comedian. This one was written by Mike Poirier. No, I have no idea who he is, but he strikes me as a pretty smart guy.

Blue Rev


Elon Musk launched a Starship rocket from Texas yesterday (March 7). It got almost 90 miles high before they lost control of it and it exploded. Flaming wreckage was seen falling from the sky all the way from Florida to the Bahamas. Airports were closed from Miami to Orlando.
At least it works half the time. Out of the 8 Starship rocket launches so far, 4 have been successful. "Unfortunately this happened last time too, so we have some practice at this now,” SpaceX flight commentator Dan Huot said.
In January a SpaceX rocket launched from Texas exploded over the Turks and Caicos Islands. Fiery shards of debris literally broke the sound barrier as they screamed towards the earth, creating sonic booms that terrified people below and rattled the walls of their homes. According to seismic data, the rumbling was comparable to a small earthquake. Islanders are still picking up the random pieces of wreckage that were left scattered over their neighborhoods and beaches. The FAA also closed airports when that rocket exploded, then they grounded Starship launches.
Two weeks ago, SpaceX engineer Ted Malaska showed up at FAA headquarters with a directive from Musk to start immediate work on a program to deploy 1000s of Starlink satellites terminals to support a new revamped national air traffic system. He told them they had 18 months to get the project done and anyone in the way would be reported to Musk and risked being fired.
The conflicts of interests are obvious, with DOGE able to now undermine the same agency that regulates Musk's SpaceX, and retaliate against it from within the government. It's corruption in broad daylight. But even were it not for the ethical issues, it's not even a practical or workable solution. Starlink can work to connect remote FAA facilities, but it doesn’t have the bandwidth yet or reliability to support a robust nationwide communications network. SpaceX has no business overhauling the working system we already have, and should not be trusted to safeguard the 2.9 million passengers flying overhead every day. That's up to 5000 planes in the air at once during peak hours, going every which way. That's a lot of lives at stake. It's certainly not something to let the Ketamine Clown tinker with.
“As a backup layer or alternative connectivity provider, Starlink makes sense,” Kim Burke, a government affairs analyst at the consultancy Quilty Space, told Forbes. “But SpaceX spearheading a total overhaul of the FAA’s terrestrial networks? Not a chance.” And that was BEFORE another Starship blew up.
Some guys just buy a sports car when they have their midlife crisis but Musk is out here lobbing 400 foot phalli at Mars all day long and using us to bankroll it. He shouldn't be allowed to play sandbox with our country just because he has a disgusting amount of money. He has zero business being involved with our government. I'm not even going to start digging into the damage and theft from the corny DOGE puppet show that has people so enthralled and fooled. It's just more theater, and they're not even trying that hard anymore because their base is just that gullible.
If I had to guess what Elon is doing right now I'd guess he's probably deep in a K-hole, manically tweet-trolling the libs, or desperately trying to breed one more influencer in his own personal Führerbunker, the Banyan Cottage at Mar-a-Lago. Maybe all at the same time. Maybe he's contemplating his getaway: self-exile to Russia or possibly a rocketship to Mars. Elon is smart enough to recognize that this situation ultimately cannot be unf*cked and this is spiralling out of control. The wheels are really coming off now. His rockets are crashing. Tesla is crashing. Planes are crashing. The illusion of competency is collapsing too. This house of cards cannot hold much longer. Wherever we go from here, we're going there fast and it's bound to be exciting. - Mike Poirier

The Economist

It's not too late to stop Trump and his criminal gang, but it's going to take everyone to do it. I am becoming pessimistic that America will wake up and reject Trump and his wack policies. He has surrounded himself with toadies and yes-men, and no one has the guts to tell him he is fucking shit up. If there were any justice, the orange fuck would keel over with a major stroke and the GOP would suddenly rediscover their spine. 

Europe sees things a bit more clearly than we Americans do. They recognize the danger, while the GOP here just tries to figure out how to praise Trump enough to keep him from fucking them over. The column below is from The Economist magazine's editorial leader, whoever that is. I remember not too long ago The Economist stated that the American economy was "the envy of the world," despite Trump and his cronies repeating over and over what a total disaster Biden was. Trump is dismantling the federal government at a frantic pace, and it will take a long time to put it all back together again. 

Donald Trump's economic delusions are already hurting America
The president and reality are drifting apart

Editor’s note (March 6th): Since this article was published, Donald Trump announced that tariffs on Mexican and Canadian goods covered by the North American trade agreement (roughly half their total exports to America, according to the White House) would be paused until April 2nd. Hefty tariff increases and significant uncertainty, therefore, still loom over the world economy—precisely what our leader discusses. Indeed, our cover illustration feels only more apposite.

In his speech to Congress on March 4th President Donald Trump painted a fantastical picture. The American Dream, he declared, was surging bigger and better than ever before. His tariffs would preserve jobs, make America richer still, and protect its very soul. Unfortunately, in the real world things look different. Investors, consumers and companies show the first signs of souring on the Trumpian vision. With his aggressive and erratic protectionism, Mr Trump is playing with fire.

By imposing 25% tariffs on goods from Canada and Mexico, also on March 4th, Mr Trump is setting light to one of the world’s most integrated supply chains. Although he belatedly delayed duties on cars by one month, plenty of other industries will suffer. He has also raised tariffs on China and has threatened the European Union, Japan and South Korea. Some of these duties may also be deferred; others may never materialise. Yet in economics as in foreign relations, it is becoming clear that policy is being set on the president’s whim. That will cause lasting damage at home and abroad.

When Mr Trump won the election in November, investors and bosses cheered him on. The s&500 rose by nearly 4% in the week after the vote in anticipation of the new president lighting a bonfire of red tape and bringing about generous tax cuts. His protectionist and anti-immigration rhetoric, investors hoped, would come to nothing. A stockmarket correction or a return of inflation would surely curb his worst instincts.

Alas, those hopes are going up in smoke. Elon Musk’s doge is causing chaos and grabbing headlines, but with little sign yet of a deregulatory bonanza. (Mr Trump’s order banning the federal purchase of paper straws will do little for America Inc’s bottom line.) The budget blueprint passed in Congress in February keeps the tax cuts from 2017, in Mr Trump’s first term, but does not expand them—though it does add trillions to the national debt. In the meantime, Mr Trump’s tariff promises would return the average effective duty to levels not seen since the 1940s, when trade volumes were much smaller.

No wonder that, despite Mr Trump’s talk of a roaring comeback, the markets are flashing red. The s&p 500 has given up nearly all its gains since the election. Although economic growth remains fair, in recent weeks the yield on ten-year Treasuries has fallen, measures of consumer sentiment have plunged and small businesses’ confidence has slipped, hinting at a slowdown to come. Meanwhile, inflation expectations are rising, perhaps because Mr Trump is talking about all those wonderful new tariffs.

Underlying the alarm is a dawning realisation that Mr Trump is less bound by constraints than investors had expected. Although price rises blew up Kamala Harris’s presidential campaign, the prospect of inflation is not deterring Mr Trump, who argues that the economic harm from tariffs is worth it. During his first term he gloried in the long stockmarket boom; this time markets have not featured among his many social-media posts. His postponement of the car tariffs is too short-lived for the industry to adapt. Mr Trump is sticking to his belief that tariffs are good for the economy.

Just as important, the people around the president also appear to lack influence. Scott Bessent, the treasury secretary, and Howard Lutnick, the commerce secretary, are both financiers, but if they are trying to rein in Mr Trump, they are not doing very well. Instead of being wise counsellors, they come across as stooges, explaining why tariffs are essential and Wall Street doesn’t matter. Few businesspeople want to speak truth to power for fear of drawing Mr Trump’s ire. And so the president and reality seem to be drifting ever further apart.

That threatens America’s trading partners. For some reason, Mr Trump reserves special hostility for Canada and the EU . Because his approach lacks any coherent logic, there is no knowing how to avert his threats. Worse is to come if he carries through his promise to Congress to impose reciprocal tariffs, which match the duties that American exports face abroad. That would create 2.3m individual levies, requiring constant adjustment and negotiation, a bureaucratic nightmare that America unilaterally abandoned in the 1920s. Reciprocal tariffs would strike a fatal blow to the global trading system, under which every country has a universal rate for every good that is not within a free-trade agreement.

As if that were not bad enough, tariffs will harm America’s economy, too. The president says he wants to show farmers that he loves them. But protecting America’s 1.9m farms from competition will inflate the grocery bills of its nearly 300m consumers; and compensating them for retaliatory tariffs will add to the deficit. Whatever Mr Trump believes, economic growth will suffer because tariffs will increase input costs. If businesses cannot pass them on to consumers, their margins will wither; if they can, households will experience what amounts to a tax rise.

Mr Trump’s policies set up an almighty clash with the Federal Reserve, which will be torn between keeping rates high to curb inflation and cutting them to boost growth. One of America’s most important remaining independent institutions, the Fed would have to face down an angry president used to getting his way. When the administration staged a power grab over the Fed’s regulatory responsibilities it carefully set monetary policy apart. How long would that distinction last?

MAGAlomania

The world economy is at a dangerous moment. Having defied reality (and the constitution) after he lost the election in 2020, only to be triumphantly re-elected in 2024, Mr Trump has no patience for being told that he is wrong. The fact that his belief in protectionism is fundamentally flawed may not sink in for some time, if it ever does. As the message that Mr Trump is harming the economy grows louder, he could lash out at the messengers, including his advisers, the Fed or the media. The president is likely to inhabit his protectionist fantasy for some time. The real world will pay the price.


Original.