Yeah, it will be interesting to see what happens. He was the only hire that actually had any credibility with the outside world. So if he exits quickly, it will be a sign that Trump just can't work with competent people.
Well, our Poor
- Thread starter ElectricalCock89
- Start date
Yeah, it will be interesting to see what happens. He was the only hire that actually had any credibility with the outside world. So if he exits quickly, it will be a sign that Trump just can't work with competent people.
Make sure to save all of these braindead quotes so we can have fun in Q4.
I have no doubt in Q4 when the tariffs have been removed you will claim the tariffs were a success.
Trump is smart enough to realize the only way to get support for his long-held belief that he can make America manufacture goods again like we did in the 1950s is to paint the picture as if America is getting raped and abused. O course, we are never going to manufacture goods again like we did. That's not the world in 2025.
He leaves out we are the most powerful economy in the world and the envy of the world. He also purposefully leaves out that our service economy runs HUGE trade surpluses and is also the envy of the planet.
Take out the current discussion. When is the last time you were with a group of business owners or even smart friends with good jobs where they are complaining and openly fussing about our trade imbalances and how we are being screwed? Probably never.
So this is mostly a Trump generated crises and issue.
I am reminded that back in late 2024, Trump was at Mar-A-Lago and actually admitted the economy was strong and looking good. He then pivoted quickly.
A business owner friend of mine who likes Trump to a degree (but hates this tariff approach 100%) told me this week that Trump's approach to this is like trying to get a beach-ball out of the middle of the pool by going to get a shotgun instead of the pool net. I thought that sounded right.
It’s shocking how bad people are at thinking and reasoning.
1. Trump has been obsessed with tariffs, outsourcing, and the rape of the working class for 40 years.
2. His trade rep’s office DID the advanced math and analysis for every country.
3. Trump reviewed it and recognized the analysis was the right private, bilateral analysis, but needed something more generalized to kick off the negotiations.
4. Trump recommends the meme formula, which is directionally sound policy: cut trade imbalance in half and capture in a single shorthand all anti-American shenanigans (R&D freeloading, IP theft, currency manipulation, regulatory deltas, VAT rebates, etc.)
5. Now the USTR can kick off bilateral discussions with their full analysis, and execute 100+ trade agreements, building up to address the two biggest issues we have: China aggression, Euro freeloading.
1. Trump has been obsessed with tariffs, outsourcing, and the rape of the working class for 40 years.
2. His trade rep’s office DID the advanced math and analysis for every country.
3. Trump reviewed it and recognized the analysis was the right private, bilateral analysis, but needed something more generalized to kick off the negotiations.
4. Trump recommends the meme formula, which is directionally sound policy: cut trade imbalance in half and capture in a single shorthand all anti-American shenanigans (R&D freeloading, IP theft, currency manipulation, regulatory deltas, VAT rebates, etc.)
5. Now the USTR can kick off bilateral discussions with their full analysis, and execute 100+ trade agreements, building up to address the two biggest issues we have: China aggression, Euro freeloading.
So the tariffs went from a way to onshore manufacturing jobs to being a way to raise revenue to eliminate income tax to now they're just a method to create more free trade.
What's the justification for them going to be next?
It's so obvious to anyone with a brain Trump has no idea what he's doing and you're just moving the goalpost yet again to claim victory.
Correct.
I mean, one can just post Republican elected leader quotes complaining about this and attacking it if one chooses to- no Democrat quotes needed.
"THE END:
Of US Treasuries and to a lesser extent US stocks as the global reserve asset. Since Nixon took the US off the gold standard in 1971, US treasury debt outstanding grew by 85x. The US had to create the credit dollars necessary for the growth in the world economy. This was good for some Americans and bad for others. Trump was elected on average by those who believe they didn't share in the US "prosperity" of the last 50 years.
If the US current account deficit is eliminated, then foreigners do not have dollars to buy bonds and stocks. If foreigners have to juice up their own nations' economies they will sell what they own, US bonds and stocks, to fund their nation-first policies. And even if Trump backtracks on the severity of the tariffs, no finance minister or world leader can risk Trump changing his mind again, and therefore things cannot return to the way they were. You must do what is best for your country.
THE RETURN:
Of gold as the neutral reserve asset. The dollar will still be the reserve currency, but nations will hold reserves in gold to settle global trade. Trump hinted at this because gold is tariff exempt! Gold must flow freely and cheaply in the new world monetary order.
A lot of those who had it good are in the denial stage, and share a delusion that somehow things will return to "normal". Poppycock.
For those who want to adapt to a return to pre-1971 trade relationships, buy gold, gold miners and $BTC.
That's enough on tariff shit. My next essay will focus on why USDCNY is going to 10.00 bc there is no way that Xi Jinping will agree to change China in the ways necessary to placate Trump. This is the super bazooka $BTC needs to ascend rapidly towards $1 million."
Of US Treasuries and to a lesser extent US stocks as the global reserve asset. Since Nixon took the US off the gold standard in 1971, US treasury debt outstanding grew by 85x. The US had to create the credit dollars necessary for the growth in the world economy. This was good for some Americans and bad for others. Trump was elected on average by those who believe they didn't share in the US "prosperity" of the last 50 years.
If the US current account deficit is eliminated, then foreigners do not have dollars to buy bonds and stocks. If foreigners have to juice up their own nations' economies they will sell what they own, US bonds and stocks, to fund their nation-first policies. And even if Trump backtracks on the severity of the tariffs, no finance minister or world leader can risk Trump changing his mind again, and therefore things cannot return to the way they were. You must do what is best for your country.
THE RETURN:
Of gold as the neutral reserve asset. The dollar will still be the reserve currency, but nations will hold reserves in gold to settle global trade. Trump hinted at this because gold is tariff exempt! Gold must flow freely and cheaply in the new world monetary order.
A lot of those who had it good are in the denial stage, and share a delusion that somehow things will return to "normal". Poppycock.
For those who want to adapt to a return to pre-1971 trade relationships, buy gold, gold miners and $BTC.
That's enough on tariff shit. My next essay will focus on why USDCNY is going to 10.00 bc there is no way that Xi Jinping will agree to change China in the ways necessary to placate Trump. This is the super bazooka $BTC needs to ascend rapidly towards $1 million."
If you ever had been correct about anything you have argued for on this site since you started your account, your words might take on a little more meaning.
But you're been wrong about everything.
This will end up being yet another chapter in your unfortunate TDS journey.
Mark Cuban
@mcuban
Well we can’t grow our way out of it any more.
We need to reduce interest rates. That reduces how much we pay in interest. IMO, best way would have been to implement DOGE cuts in an organized manner over 24 months. That would slow the economy, pushing down rates and probably giving cover for the fed to further reduce rates.
More importantly it would give those fired, those who lost their funding and the communities they live in, a chance to prepare and adapt to the changes. Doing them all at once is destructive, particularly to smaller cities and states who depend on fed dollars
The concept of DOGE is right on. We need to cut spending. The implementation has been horrific. In fact had it been staggered they may have been able to cut even more.
Constructively, once tariffs went up so much, when combined with the simultaneous DOGE Cuts, it was inevitable that we would see carnage.
And to make matters worse , because tariffs are inflationary , that makes it hard for the fed to cut rates. So whatever gains we may have gotten from DOGE were taken in lost net worth , tax receipts and consumer buying power
Well - If you had actually done something other than watch dumb people media for months you would know that Trump has been saying that he's ready to bargain with all countries.
Mark Cuban
@mcuban
Well we can’t grow our way out of it any more.
We need to reduce interest rates. That reduces how much we pay in interest. IMO, best way would have been to implement DOGE cuts in an organized manner over 24 months. That would slow the economy, pushing down rates and probably giving cover for the fed to further reduce rates.
More importantly it would give those fired, those who lost their funding and the communities they live in, a chance to prepare and adapt to the changes. Doing them all at once is destructive, particularly to smaller cities and states who depend on fed dollars
The concept of DOGE is right on. We need to cut spending. The implementation has been horrific. In fact had it been staggered they may have been able to cut even more.
Constructively, once tariffs went up so much, when combined with the simultaneous DOGE Cuts, it was inevitable that we would see carnage.
And to make matters worse , because tariffs are inflationary , that makes it hard for the fed to cut rates. So whatever gains we may have gotten from DOGE were taken in lost net worth , tax receipts and consumer buying power
Mark Cuban was arguing in favor of doing everything Trump is doing now only 5 years ago.
He's shifted his tune because he wants to get into politics and sees the Democratic Party has the easiest path to the top because they are full of fools at the moment.
He's not wrong. The 21% approval rate says it all.
Yes. Everyone with a brain has seen Trump contradicting himself over and over. The only logical explanation for any of this is that Trump just craves the chaos he's creating.
There is no end game. But Trump is going to end up being the greatest thing to ever happen to the Democrats. Trump could have just come in and rode a decent economy and claimed success on his way out. Instead he blew it all up.
Thanks Trump.
Gotta admire this optimism from the far right.
Swing voters blamed Biden for the price of eggs, something he couldn't control. They're going to eviscerate Trump who is directly responsible for this drop.
If only you had ever been right about anything up until this point...
I'm sure you welcome times like this to feed your creepy fetish though.
That's the bigger picture for you.
Uhoh that one hurt didn't it.
You know the midterms are about to be a bloodbath.
The only thing I got wrong is how dumb you guys actually were to vote for this. I thought you all were smarter.
Why can't Gomers figure this out?
The Democratic Party is completely hollowed out and that 21% approval figure simply more evidence of this.
You almost need to have mental problems if you're still in favor and aren't in on the fix.
Their minds are hijacked by dumb people media. Fun for all ages.
-----------------------
NEW: Victor Davis Hanson just tore the mask off the Democratic Party—calling them out as elites scheming to kill America-first tariffs and bring back the globalist status quo.
This hits hard—and it’s exactly what many Americans have suspected.
VDH says the Democratic Party has long abandoned the middle class—and is now fully aligned with the billionaire class and dependent poor.
“The Democratic party is a party of the very wealthy professionals, the billionaire class and subsidized poor, and it abandoned the middle class 10–15 years ago.”
According to Hanson, their panic over Trump’s tariffs isn’t about policy—it’s about a return to globalist power.
“All the data show it's the party of the very wealthy, and what they're doing right now is they're creating hysteria on the left so they can empower Europe, China and Japan and send a message: if you guys will just hold out, we are creating such anger and tension here, that you can win this trade war, humiliate Trump.”
“And then we can come back to power.”
“And we're going to restore the globalized status quo. That's what they're doing.”
The Democratic Party is completely hollowed out and that 21% approval figure simply more evidence of this.
You almost need to have mental problems if you're still in favor and aren't in on the fix.
Their minds are hijacked by dumb people media. Fun for all ages.
-----------------------
NEW: Victor Davis Hanson just tore the mask off the Democratic Party—calling them out as elites scheming to kill America-first tariffs and bring back the globalist status quo.
This hits hard—and it’s exactly what many Americans have suspected.
VDH says the Democratic Party has long abandoned the middle class—and is now fully aligned with the billionaire class and dependent poor.
“The Democratic party is a party of the very wealthy professionals, the billionaire class and subsidized poor, and it abandoned the middle class 10–15 years ago.”
According to Hanson, their panic over Trump’s tariffs isn’t about policy—it’s about a return to globalist power.
“All the data show it's the party of the very wealthy, and what they're doing right now is they're creating hysteria on the left so they can empower Europe, China and Japan and send a message: if you guys will just hold out, we are creating such anger and tension here, that you can win this trade war, humiliate Trump.”
“And then we can come back to power.”
“And we're going to restore the globalized status quo. That's what they're doing.”
Gomers believe this guy below is actually trying to help them.
Jim Cramer is on CNBC to create liquidity for Wall Street insiders.
If he says sell, it’s because the insiders are trying to buy.
If he says buy, it’s because the insiders are trying to sell.
No technician can even come close to the accuracy of an Inverse Cramer recommendation.
Except maybe an Inverse Gomer recommendation.
Jim Cramer is on CNBC to create liquidity for Wall Street insiders.
If he says sell, it’s because the insiders are trying to buy.
If he says buy, it’s because the insiders are trying to sell.
No technician can even come close to the accuracy of an Inverse Cramer recommendation.
Except maybe an Inverse Gomer recommendation.
Gomers believe this guy below is actually trying to help them.
Jim Cramer is on CNBC to create liquidity for Wall Street insiders.
If he says sell, it’s because the insiders are trying to buy.
If he says buy, it’s because the insiders are trying to sell.
No technician can even come close to the accuracy of an Inverse Cramer recommendation.
Except maybe an Inverse Gomer recommendation.
Funny how you weren't complaining about him when he was pumping Trump.
Musk doesn't seem impressed with the tariffs
‘He Ain’t Built S**t’: Elon Musk Takes a Shot at Peter Navarro Over Defense of Trump Tariffs
‘He Ain’t Built S**t’: Elon Musk Takes a Shot at Peter Navarro Over Defense of Trump Tariffs
Elon Musk took multiple shots at Peter Navarro in reaction to a clip of the trade advisor defending Trump's tariffs amid steep declines in the stock market.
www.mediaite.com
My wife, a science teacher, is always amazed at how many of parents of her students are suddenly weather experts every time there is bad weather forecast for our area, but at the same time don't know the difference between "there" and "their"........................
But but but @Ward Jr said these tariffs are just temporary and meant for negotiations with other countries.
Musk doesn't seem impressed with the tariffs
‘He Ain’t Built S**t’: Elon Musk Takes a Shot at Peter Navarro Over Defense of Trump Tariffs
‘He Ain’t Built S**t’: Elon Musk Takes a Shot at Peter Navarro Over Defense of Trump Tariffs
Elon Musk took multiple shots at Peter Navarro in reaction to a clip of the trade advisor defending Trump's tariffs amid steep declines in the stock market.
Gomer having to resort to Mediaite for his TDS propaganda at this point is one of my favorite developments thus far.
When I read most of your posts, it takes me back to childhood when my mom used to read me Dr. Suess.
Thank you for pulling those memories out of my subconscious to relive.
You might need to put back on that "Tax The Rich" dress for this latest tariff media hoax.
What do you think? Should you go for it?
