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Dump Term 2, 1.01: Sleep Now in the Fire

MeidasTouch (@meidastouch.com)

BREAKING via WaPo: Mike Waltz and other members of Trump's National Security Council conducted government business over personal Gmail accounts, where they held conversations about highly sensitive information, including about military positions, powerful weapons systems, and more...
bsky.app bsky.app

But. Her. EMAILS!!
 

Sen. Adam Schiff (@schiff.senate.gov)

BREAKING: I'm placing a hold on President Trump's nominee for U.S. Attorney in DC. For the past few weeks, Ed Martin has been a one-man wrecking ball. Threatening political opponents, firing public servants, and using his office to chill free speech. His nomination must be blocked.
bsky.app bsky.app

Its a start...
 
Remember, this administration is all about fighting fraud in Social Security: https://www.huffpost.com/entry/jane...maine-leland-dudek_n_67ed2d99e4b0b937ab8f135c

A week after Maine Gov. Janet Mills clashed publicly with President Donald Trump at the White House over transgender athletes in girls’ sports, Leland Dudek, the acting commissioner of Social Security, asked his staff about what contracts Maine had with the Social Security Administration.

The agency has vital records contracts with every state, allowing parents to request Social Security numbers for their newborns at the hospital and to verify deaths through an electronic system.

According to emails obtained by Rep. Gerry Connolly (D-Va.), the top Democrat on the House Oversight Committee, Social Security staff informed Dudek that canceling the contracts “would result in improper payments and potential for identity theft.”

Dudek told his staff to go for it.

“Please cancel the contracts. While our improper payments will go up, and fraudsters may compromise identities, no money will go from the public trust to a petulant child,” Dudek wrote, referring to Mills.
Click to expand...
 
The tariff rates from his chart are not the actual rates; they are our trade deficit divided by our total exports; which of course has shit-all to do with tariffs.
 
French Rage said:
The tariff rates from his chart are not the actual rates; they are our trade deficit divided by our total exports; which of course has shit-all to do with tariffs.
Click to expand...
So he hasn't really levied tariffs, this is just his 'negotiation' tactic?
 
.....he put a tariff on Diego Garcia. An American military base. Also the Heard and McDonald Islands, populated by penguins and zero humans.
 

Kieran Healy (@kjhealy.co)

I do honestly feel bad for all the super-smart economists I know scouring the data to locate extremely clever measures to test elegantly expressive models only to have this guy Leeroy Jenkins the global trade system into a mob-run construction site in Elizabeth NJ c.1978.
bsky.app bsky.app

:ROFLMAO:
 
CNBC was HOT about this in the final hour of Squawk Box.

Rick Santoli sounds like he's going to have a stroke here in the last half hour. Rick has been hot about how globalism needs to end, people need to stop buying cheap shit, and companies need to on-shore, profits be damned.

Steve Liesman was much more calm trying to circle the square, and be realistic about what's going to happen, including some eight trillion in US GDP generated overseas by US corporations.

Its difficult to recap the entire exchange I heard on XM on my drive in to work, I'll look a video link later.
 
Just watched a video on the celebrations for Maine hockey winning natl champ in 93., it was one April 3rd. They went to the Whitehouse and Coach Walsh fined Bill Clinton (25 cents) as judge of the kangaroo court for being 10 minutes late to the Rose Garden. Clinton had a good laugh and appeared to enjoy the ribbing. Can you imagine how Trump would take that??
 
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