Shrewdness is recognizing a wonderful business and possessing the patience to let it grow into a fortune.
- Manlobbi
Halls of Shrewd'm / US Policy
No. of Recommendations: 13
1. Impose illegal tariffs
2. The end customers- the consumers, end up paying the increased cost of tariffs
3. Tariffs declared illegal.
4. Mechanism gearing up (as it currently is) to pay back importers, NOT consumers, who as end users actually paid the cost of tariffs in higher prices.
5. And the beneficiaries will be LARGE importers. They benefitted from higher prices. Now they’re lining up for gov’t checks to cover price of tariffs.
Mom and pop mainstreet gift stores that imported from overseas? They’re in the same boat as consumers- out of luck. And many of these closed up shop.
No. of Recommendations: 6
That's last year's scam. This year's scam is raising gas prices even though the U.S. doesn't import oil from the Middle East and domestic production costs haven't risen by a dime. The result - syphoning a billion dollars a day from consumers to oil companies' bottom line. This is much bigger than the tariff scam.
No. of Recommendations: 2
am curious why trump\gop is abiding on tariff rulings, other than unpopularity or iran distraction.
are not all the involved institutions that control tariff enforcement under trump's cronies?
if trump can self-declare any EO is valid, why not do the same regarding priority or other pretext ?
No. of Recommendations: 2
am curious why trump\gop is abiding on tariff rulings, other than unpopularity or iran distraction.
He vents at the supreme court, but he doesn't want to defy it yet, as long as 90% of their rulings are in his favor.
No. of Recommendations: 0
Glad the money won't go to the US Treasury.
We need Ai job disruption. Broke Americans. Repriced American debt. Armed Americans.
With the Sheeple Bad Culture.
And the next phase of punishment will be gin.
So far, we are on schedule.
Pssss; Hey Mom and Pop : Baaaaaaaa please pay higher taxes. Pay higher inheritance taxes when you pass it on. Pay higher minimum wage. Take these health care mandates. Yeah, we the Sheeple care about Mom and Pop. LOL
No. of Recommendations: 8
We need Ai job disruption. Broke Americans. Repriced American debt. Armed Americans.
Oh no! The "JCs" are entitled to their money, no matter how desperate the Prole's situation. I expect Trump the Most Perfect and Rich, to carry on #43's work by amending the "Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA)", to impose the same restrictions on discharge as exist for student loans, on all personal debt. The vitality of the economy is dependent on sucking ever more money out of the Proles. Let's make Prole debt multi-generational too. If the debtors don't have any assets, their spawn, parents, and siblings, get the bill. Pay. Pay. PAY!
Unlike Chapter 13, Chapters 7 and 11, for "JCs", are not failure or mismanagement. Chapters 7 and 11 are a perfectly acceptable business plan, to enrich yourself, at the expense of others.
/sarcasm
Steve
No. of Recommendations: 0
The fun is when the world realizes the extending credit to one big giant ghetto and trailer park - -- is the subprime credit industry.
And the 10 year bond rates will rightfully be much higher.
Bad culture, bad credit.
The tribals can assign blame to the other tribe all they like I dont care.
The fun is only starting.
I've waited a long time.
No. of Recommendations: 0
Steve....
Unless a future President and Congress BLUNTLY - and TRUTHFULLY tell the sissy-mary "International Community" (ie, racist Europeans and Japan).... "look you don't really want to be under China's umbrella. And you can't take Putin on your own because your mini-EU NATO can't even get thru opening statements from each pitiful country for 6 months lol. You want America as always. So, we're sorry. And we pledge to defend the shit out of you till Kingdom come. BUT in return, you keep buying our debt. Case closed" .
Eventually - global powers will not want to lend to America anymore than JP Morgan gives preferred rates to the housing project residents in Detroit or Cabrini-Green in Chicago. Because America---more more Cabrini now.
Rates will go up.
For the credit risk? 6% is a good starting point.
You don't lend to bad families.
No. of Recommendations: 1
Eventually - global powers will not want to lend to America anymore than JP Morgan gives preferred rates to the housing project residents in Detroit or Cabrini-Green in Chicago. Because America---more more Cabrini now.
That is what the "starve the beast" crowd wants. Cut off the US' credit, so they need to balance the budget, overnight. That means cutting off every dollar of spending that benefits proles. Nothing left but subsidizing "JCs" and mounting wars for "JC" profit.
Steve
No. of Recommendations: 0
No -- it means yet another TMF prediction from someone - is right.
'1st world nation with visible. glaring, and permanent 3rd world traits'.
We're already there ---but only a little.
May those who are most affected....seek out those least affected from Bethesda to Ann Arbor to Whole Food and Yoga parking lots one day.
I'll do my part to arrange the introductions.
(I believe in health and peace for everyone ---no other motivations)
Soon if you like I might post the prototype brochure - replete with good looking girl and Spanish language wordage .......
Eventually, we'll turn up the heat
