The Frankish Reich

Not speculating about this accident, but its kind of common knowledge in Denver that Elway is a big drinker. Maybe too big.

https://www.duckhuntingchat.com/threads/tasty-juicy-goose-burgers.305513/

We did that in Denver. "Culled" the geese and ground them up into gooseburgers. I'm sure that's a lot more expensive than the Michigan plan, plus I never saw ground goosemeat in grocery stores. At a minimum wouldn't it make great pet food?

Now this is the kind of legislative gamesmanship MAGA voted for. Drain the swamp, unless it's our swamp, in which case please let it fill and become even more mosquito infested. Will that fit on a T shirt? A ball cap?

Tariffs also create something else economists hate: trying to game the system. Companies spending lots of time and money to try to minimize their impact like this: https://viewfromthewing.com/delta-beats-trumps-tariffs-new-airbus-jets-arriving-duty-free/ Delta's Airbus orders would be subject to a 10% tariff. So they take delivery of them in Japan and technically base them overseas so they are not taxed.

It looks likely that the next quarter will be negative too. So we're now to the point of whether it will be a minor dip/technical recession or whether the momentum will multiply.

Great story, thanks. Vibrational physics or whatever they call it. I had a college friend who went to grad school to study this. I guess you never understand why anyone needs it until you need it!

Not what I'm seeing, and I have a friend who works for the VA. What I'm seeing is major cuts in VA staffing, including in the people who help vets navigate the complexity of the system to get the care they need. What I'm seeing is an administration that's on a push to privatization of the VA, following the Medicare Advantage model. You may think that's a good thing long term or a bad thing. But whatever you think, that's what's happening. It is certainly not a strengthening of the in-house VA system.

Trump will want to back down on the tariff thing soon, but he's too stubborn to just delete the so-called "reciprocal tariffs." But he too will be overruled by forces beyond his control. The problem is even the threatened tariffs have already had a big impact on reordering world trade. Things are now baked into the cake. We see this in the shipping numbers, etc. I doubt we'll see COVID-style shortages, but we will see certain shortages of things people want and like, including crappy Chinese toys for Christmas and all kinds of other consumer items.

Reading the tea leaves in Trump's morning cup: - I see the White House trotted out ... PETER NAVARRO this morning. Ol' Pete is back. So that always spooks markets since he is, after all, Mr. Tariff. - Prediction: Bessent will pop up somewhere this afternoon or after markets close with some kind of phony "it's all a negotiations tactic, and we're really close" statement. Markets up later today or in after-hours trading. What fun. Trump has made this just like Bet MGM with tons of in-game betting options.

Worked for Jimmy Carter! Of course, the lag time was about 50 years ... by the time of his death, you heard lots of people talking about how he started a lot of the deregulatory/de-inflationary things Reagan doubled down on. Trump's approval ratings is bound to improve by 2075.

Great explanation. You should do some of these expert TV spots! So it looks like one of those crap happens, particularly in an extended deployment?

@sherpa, a bit off topic, but I would be interested in your (still semi-hot at this point) take on the loss of the fighter jet in the Red Sea. Thanks.

There will be shortages. Shipping data confirms that.

Good luck with recruiting, Petey Boy. That's America, c. 2025. They sign up because they like playing Call of Duty and Halo while eating junk food and think the military will be the same thing in real life.

And 4 years later, Trump's Commerce Secretary is doing photo ops in front of Biden's CHIPS Act factory in Arizona.

In the real world, I am thrilled that India is making progress. I'm just pointing out that shifting production from China to India doesn't really do anything for those would-be American manufacturing jobs. And it may be a niche, but lawyer pr0n is my niche, so please lay off. My barrister wig is my own business.

CNBC has Commerce Secretary and Tariff Maven Howard Buttlick on now and he's being interviewed in front of the TSMC chip factory in Phoenix. The factory started under Biden's CHIPS Act. They are now trying to take credit for Biden's economic accomplishments. That's where we are.

I for one am thrilled that my future iphones will be produced in an Indian factory with even poorer work conditions and cheaper labor than those in China. America gets greater by the day!

That screenshot is classic. He ruined the economy and threatens our 200 year old constitutional order, but we don't have to bother with those annoying paper straws and filthy useless pennies. Oh, and we can rest assured that Oswald did indeed kill Kennedy.

Well, it's from a pollster I've never heard of ... but the only difference between the results here and other recent polls is that they asked the question more directly. See the recent results from respected pollsters that show a clear majority concerned about Trump disobeying court orders, etc.

So Bezos backed down? Yeah, I guess you could say that. But it was more like a shot across the bow. Play the tariff game, we'll play too ... Is it a "hostile political action" when Amazon doesn't display state sales tax inclusive prices, but rather adds one a separate amount before it processes my credit card charge? Republicans used to support full disclosure of taxes based on the notion that if you really knew what you're paying in taxes you'd support candidates who want to reduce them. Those people used to be called "Republicans."

The Twitter link is to a related story. I learned here that most people don't read anything if it isn't a Twitter link ...

Going with the 5D chess theory! Trump is always right. Now we know: Cult Member

The WSJ has been the best source of objective coverage and analysis since the start of Trump 2.0. Their editorial on the 2nd First 100 Days nails it: The White House motto seems to be that if something is worth doing, it’s worth doing too much. That’s especially true on tariffs, which could sink his Presidency. Mr. Trump was elected to control inflation and raise real incomes, but tariffs do the opposite. They guarantee at least a one-time increase in prices on imported goods that will flow through the economy. They portend shortages for consumers, and for businesses that source goods and components from abroad. The tariffs are the largest economic policy shock since Richard Nixon blew up Bretton Woods in 1971, which unleashed inflation that Nixon tried to stop with wage and price controls and a tariff. The economic consequences arguably doomed Nixon’s second term, perhaps as much as Watergate. https://www.wsj.com/opinion/donald-trump-100-days-second-term-tariffs-economy-china-ukraine-6abc2198?mod=hp_opin_pos_1