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Helluva year

Funny how they are all called gang members and rapists when in fact most have just been undocumented immigrants. But keep up the hate hysteria.
LOL. Your ilk have changed their names again. It was “undocumented workers”. Now it’s “undocumented immigrants”. They aren’t “undocumented”. They are getting social security numbers FFS. They have debit cards. They’ve been documented breaking the law. Interesting choice of change from “worker” to “immigrant”. We know your party didn’t open the border and fly groups in to the country to work. When you and your ilk have no argument, you go to the “hate”. What you’re doing is anti-intellectual.
 
LOL. Your ilk have changed their names again. It was “undocumented workers”. Now it’s “undocumented immigrants”. They aren’t “undocumented”. They are getting social security numbers FFS. They have debit cards. They’ve been documented breaking the law. Interesting choice of change from “worker” to “immigrant”. We know your party didn’t open the border and fly groups in to the country to work. When you and your ilk have no argument, you go to the “hate”. What you’re doing is anti-intellectual.
🤡
 
I could make analogous observations about attorneys. But I won't because that would be grossly unfair to you.

I mentioned an engineering background to acknowledge that among other things I'm trained to extrapolate and extrapolating, if not done thoughtfully, can be problematic; and to make it clear that commerce is not an area in which I'm an SME. It was a roundabout way of saying "take this with a grain of salt", the opposite of an argument that my "credentials" lend gravitas to my opinions on this topic.

The list is longer with Canada. Agricultural products, manufactured goods, electronics, aren't really free trade despite a "free trade agreement", which simply codified the tariff status quo (an iirc was revised/put in place under Trump's first admin). Agricultural products, dairy especially, is just a stark example that free trade doesn't and hasn't existed even between the US and Canada. Maybe I'm too much of an idealist, but if we're going to talk about free and fair trade, why not actually pursue it to the greatest extent possible? Either we're for it or we're not. And I think it's quite reasonable to concluse that outright protectionism will persist where a bilateral agreement can't be reached. "I want free trade but if you maintain barriers against me I will put them up against you," is not a position that's way out there on the fringe. But it's also correct to say the proof will be in the pudding the first time someone approaches the US with a legitimate offer of barrier free trading. Maybe the administration will renege and prove themselves liars.

For a whole bunch of reasons I would rate the administration's approach to trade as suboptimal, and I don't like the way they conflate unrelated issues with trade (e.g., Canada exploiting proximity to the US to shirk national defense/NATO responsibilities, or Canada's own struggles with cartels/fentanyl that secondarily impact the US in a modest way, being the rationale for tariffs). Further, we had already agreed to a structure of tariffs with Canada and Mexico that the administration disrupted for ancillary reasons. I don't know the structure of trade agreements with the EU and various Asian and other entities, but I am aware that they were not always followed as agreed to by the various partners. So there may be instances where tariff actions are a more direct response existng issues, but I can't name them.

On related things, I don't see the US ever getting to a zero trade balance (unless maybe exports of services are subject to "fair trade" some day), nor do I think it should be an explicit target, at least until the US squanders its wealth to the point we can no longer afford to be gluttons of "stuff". At that point it will swing the other way out of necessity.

The point is that a person can be pro free trade, even approaching true free trade, and not be overly enamored with any particular political figure who happens to state similar objectives. I get the temptation to say things are working great for me, whatever you do, don't tip over the apple cart. I never worked in a field where non-domestic customers or competition existed, and over time I worked my way to the upper portion of the US wealth distribution from a lower middle class background, so it was very easy to say, "gimme my cheap stuff and pump up the stock market. This is awesome!". I retired in my 50s thinking everything was great. In a sense that still holds, but having the opportunity to interact more meaningfully with a wider swath of Americana (economically and geographically), as well as pursue a broader palette of what you might call hobby interests, has caused me to view some things differently.

I dunno why I even give a shit about free trade, The pre-Trump status quo of sorta free trade would keep flinging me further down easy street on auto pilot. And I admit my ideology in that regard is not pure--I do believe very strongly there are some strategic national security considerations that necessarily overrule free trade. So no matter how it's sliced, it'll end in a compromise. I suppose I'd like that to ultimately settle at a point that puts the nation writ large in the most resilient position possible, and I'm not convinced that is synonymous with what Bernie would describe as the rich getting richer (though IMO that's not necessarily a bad thing, it's more a matter of how it happens than it is that it happens). The one thing I will give Trump credit for is initiating a lot of conversations that need to be brought forward. His palette of solutions in many cases seems crude or even potentially incorrect, and the optimal solutions will probably arise from those that come after him, but at least some of the right things are getting talked about. As unpleasant as things are, I shudder to thank of what could have been.

Of course that's largely opinion, and we know the conventional wisdom about opinions.

I think this was an incredible post. I really liked it.

A couple of things. While I too try to avoid generalizations, they can in fact be insightful. Unlike engineers, most attorneys are just full of sh*t. The ones you are being critical of probably don't even believe what they are saying (remember attorneys get paid to advocate, not believe, engineers get paid to be correct but issues of human behavior are a bit less black/white). Maybe the very best attorneys do both, maybe they are just that good at advocating. Hard to know. I've never been that good at advocating for positions that are full of it ... so I would push clients to be reasonable in their approach whenever given the opportunity (most but not all take the advice).

Second, while I agree with the large majority of your post (we don't have an absolutist free trading regime, some "national security" items shouldn't be undercut by free trade, it's noble to seek freer trade if that's the path you select), I do think it shirks the real dispute between us. What is Trump's true belief on trade? I think the evidence is overwhelming he's a protectionist. I'm linking an article from 2019 that discusses his long-term views on the subject. You seem to advocate that there's a master plan for freer trade, and that strikes me as a real denial of 40 years of reality that pre-dated the complete disaster of the last 6 weeks.


I also would quibble with a few other things. There were almost no critics of NAFTA (Trump is one) who believed it wasn't free enough (I've heard about such critic, it was Milton Friedman lol). Trump has long been a major critic of NAFTA, and he sure isn't Milton Friedman. I just don't see any record that Donald Trump would be particularly comfortable in a true free trading regime (zero tariffs anywhere) unless the US was producing more than its consuming (which we both agree it won't be).

One other thing worth noting. Like you, I've been fortunate in life (I'm definitely younger). And while my family is not super expensive, our spending is heavily concentrated on services. So far as I can tell, "cheap goods" are of far less benefit to me than they are to someone with a median income. A much higher % of their income is being spent on necessary goods (it's genuinely possible that we spend less on goods than plenty of families with significantly lower incomes). These are the folks that will lose in a tariff regime, much less so me. Obviously I also worry about the bigger picture (long term economic results), which presumably are more evenly distributed in importance.

One other thing, maybe I lack sympathy for the "losers from globalization." They exist. But I also happen to have grown up in a deindustrialized place whose decline was a function of automation and domestic competition, so it's very apparent to me that globalization is far from the only (and definitely not the most prevalent) reason for manufacturing decline. Moreover, I can tell you that the income disparity between my friends who have moved away and those who have stayed (often from very similar backgrounds) is pretty profound. Staying somewhere with less opportunity is a voluntary choice, I'm not sure why we need to set national policy based on that.
 
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While Trump turns away Afghan interpreters and others that assisted the U S while in their country. Also ending temporary protected status of Haitian immigrants. You don’t think the difference is skin color do you?

Why were those interpreters not given safe passage 4 years ago prior to the mass killing of American troops when Biden left without saying goodbye to 85B in equipment?

Sorry, Stone, those interpreters left behind by Biden are long dead since the Taliban had 3.5 years to hunt them down and kill them.

But, once again the party that founded the KKK (Democrats) cries racism. So rich, the man from Naples, Florida who needs his illegals to do all of his 'slave-like' work that Americans JUST WON"T DO.
 
But, once again the party that founded the KKK (Democrats) cries racism.
I know you guys don't read non-RW things, and didn't learn history, so I will try one more time. Democrats-KKK-racism took place at time of Civil War (1860s) lasted but diminished with a split in the party after Roosevelt with the Democrats for civil rights and the Southern Democrats being racist segregationists. That changed with LBJ and passage of Voting Rights and Civil Rights Acts in mid-1960s. The Southern Democrats, Segregationists became Republicans, see Nixon's Southern Strategy. Look at electoral maps and see which states are red are Republican today. Try to distinguish facts based on what century we are living in.
 
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Drug companies I would think.

The President can't set unilateral price controls.
I would assume there will be a legal way for him to do it on behalf of the drug companies biggest customer. The US government can be creative in cutting spending in Medicare/ Medicaid without hurting the recipient, especially when it appears the drug companies are price gouging seniors.
 
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I knew the answer. I was under the impression you had missed it.

WSJ: Trump Surrendered To China

That didn't take long.

WSJ: Trump Surrendered To China
Credit: Meta AI
20
May 13, 2025
The Wall Street Journal's editorial board ripped into Donald Trump's tariff flip-flop fiasco in a blistering op-ed.

Trump immediately pulling back from his 145% tariffs on China is a complete surrender. When reality slaps you in the face, hard, sometimes even a narcissist like Trump takes heed.
Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.
--
As with last week’s modest British agreement, the China deal is more surrender than Trump victory.
The only people believing in Trump's massive tariffs misfire are MAGA cult members like Peter Navarro and his entire economic cabinet.
One tragedy of Mr. Trump’s shoot-America-in-the-foot-first approach is that he’s hurt his chances of rallying a united front of countries against Beijing’s mercantilism. By targeting allies with tariffs, Mr. Trump has eroded trust in America’s economic and political reliability.
--
If there’s a silver lining to this turmoil, it is that markets have forced Mr. Trump to back down from his fever dream that high tariff walls will usher in a new “golden age.” The age didn’t last two months, and it was more leaden than golden. White House aide Peter Navarro, the main architect with Mr. Trump of the Liberation Day fiasco, has been repudiated.
Mr. Trump will not want to admit it, but he started a trade war with Adam Smith and lost. He’s not the first President to learn that lesson.
Trump started a trade war with the entire world over his obsession with late nineteenth-century tariffs, which have no place in today's reality.
 
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Remember when I said Elon was UP around $ 30,000,000,000 + and I was poo pooed, by some financial prognosticators here ?

Well it turns out I low balled his gains from TT following at 225 !

TESLA is almost at 325 !

Which means Elon is UP somewhere about $ 50,000,000,000 +/- depending how many Millions of shares he owns !
Around $ 5 - 7 BILLION UP in Elon's worth just today (Tuesday 5/13) as Tesla flirts with 335 !
 
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Why were those interpreters not given safe passage 4 years ago prior to the mass killing of American troops when Biden left without saying goodbye to 85B in equipment?

Sorry, Stone, those interpreters left behind by Biden are long dead since the Taliban had 3.5 years to hunt them down and kill them.

But, once again the party that founded the KKK (Democrats) cries racism. So rich, the man from Naples, Florida who needs his illegals to do all of his 'slave-like' work that Americans JUST WON"T DO.
One of the 4 times Habeus Corpus has been suspended was to bring the KKK under control in 10 Counties in South Carolina !

For Stoney that claimed the KKK weakened right after the Civil War, the date of suspended Habeus Corpus was 1870 with US Grant as US President !
 
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I know you guys don't read non-RW things, and didn't learn history, so I will try one more time. Democrats-KKK-racism took place at time of Civil War (1860s) lasted but diminished with a split in the party after Roosevelt with the Democrats for civil rights and the Southern Democrats being racist segregationists. That changed with LBJ and passage of Voting Rights and Civil Rights Acts in mid-1960s. The Southern Democrats, Segregationists became Republicans, see Nixon's Southern Strategy. Look at electoral maps and see which states are red are Republican today. Try to distinguish facts based on what century we are living in.



So, KKK Grand Keagle (or whatever the hell the term is for a KKK recruiter) Robert Bryd - DEMOCRAT - recruited for the KKK in 1947 and then in the 1960s, when the Civil Rights act was passed because of Republicans switched parties?

FALSE. KKK member Robert Byrd was a lifelong Democrat who never switched parties. In fact, he rose to the top of the Democrat party in the Senate (Senate Pro Tem). Of course, Joe Biden and all Democrat leaders attended the KKK member's funeral just last decade.

Quit revising history. The Democrats founded the KKK after the Civil War to keep the African Americans down. The Democrats voted against the Civil Rights Act by a higher percentage than Republicans and the Democrats honored the KKK member just last decade. And just last month, Democrat Stoneaxe27 described illegal aliens as much needed and valuable members of his community since they filled the role that the slaves once filled for the Democrats.

Good grief. At least own your party's history.
 
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WSJ: Trump Surrendered To China

That didn't take long.

WSJ: Trump Surrendered To China
Credit: Meta AI
20
May 13, 2025
The Wall Street Journal's editorial board ripped into Donald Trump's tariff flip-flop fiasco in a blistering op-ed.

Trump immediately pulling back from his 145% tariffs on China is a complete surrender. When reality slaps you in the face, hard, sometimes even a narcissist like Trump takes heed.
Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.
--
As with last week’s modest British agreement, the China deal is more surrender than Trump victory.
The only people believing in Trump's massive tariffs misfire are MAGA cult members like Peter Navarro and his entire economic cabinet.

Trump started a trade war with the entire world over his obsession with late nineteenth-century tariffs, which have no place in today's reality.
Yet, he KEEPS WINNING !

With an aggregate $ 8 - 9 TRILLION dollars flowing into the US and it's economy !

Not to mention of our 16 LARGEST trading partners, 16 of them are negotiating NEW trade deals as I type !
 
So, KKK Grand Keagle (or whatever the hell the term is for a KKK recruiter) Robert Bryd - DEMOCRAT - recruited for the KKK in 1947 and then in the 1960s, when the Civil Rights act was passed because of Republicans switched parties?

FALSE. KKK member Robert Byrd was a lifelong Democrat who never switched parties. In fact, he rose to the top of the Democrat party in the Senate (Senate Pro Tem). Of course, Joe Biden and all Democrat leaders attended the KKK member's funeral just last decade.

Quit revising history. The Democrats founded the KKK after the Civil War to keep the African Americans down. The Democrats voted against the Civil Rights Act by a higher percentage than Republicans and the Democrats honored the KKK member just last decade. And just last month, Democrat Stoneaxe27 described illegal aliens as much needed and valuable members of his community since they filled the role that the slaves once filled for the Democrats.

Good grief. At least own your party's history.
Wow you are really lost in space or not that sharp. Yes the Democrats that voted against the Civil Rights and Voting Rights Act were the Southern Democrats, the segregationists that became Republicans after those acts passed, you know Strom Thurmond and the others. The part about me saying immigrants fill the role of slave shows you are bat sh!t crazy.
 

WSJ: Trump Surrendered To China

That didn't take long.

WSJ: Trump Surrendered To China
Credit: Meta AI
20
May 13, 2025
The Wall Street Journal's editorial board ripped into Donald Trump's tariff flip-flop fiasco in a blistering op-ed.

Trump immediately pulling back from his 145% tariffs on China is a complete surrender. When reality slaps you in the face, hard, sometimes even a narcissist like Trump takes heed.
Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity.
--
As with last week’s modest British agreement, the China deal is more surrender than Trump victory.
The only people believing in Trump's massive tariffs misfire are MAGA cult members like Peter Navarro and his entire economic cabinet.

Trump started a trade war with the entire world over his obsession with late nineteenth-century tariffs, which have no place in today's reality.
So, 30% on incoming Chinese goods and 10% on outgoing US goods is a loss. Must be hard to root against the US

495434483_994264989562031_6984994181751226750_n.jpg
 
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Seems to be doing ok considering there are a lot of deals to come in. The market appears to really like the deals.


Oddly enough, Kay and Jeff have vacated the dance floor while Train remains. Our one glorious constant, Stone, has never disappeared.

Of course, with respect to the stock market, it has recovered its "losses" and is back near its all-time highs. JP Morgan & Goldman have made plenty of money after issuing and then rescinding their recent recessionary calls.

Ho-hum, Trump just delivered an additional trillion dollars in investment to the US today. That is the price Saudi & friends paid to get the first real visit from 47. No press on the fact that Trump removed Syrian sanctions to attempt to bring them out of Iran's orb today. Should Trump go to Turkey to meet with Putin & Z, that would indicate a good chance a deal will be struck.

People love a boss doing what he said and that's why the "right track" numbers (49 percent) are at a 20 year high. If only the House Republicans would quit vacationing.
 
Deep State: The linked article talks about the problems Tulsi Gabbard is having with employees who are leaking, etc because they don't like Trump. It takes awhile to read but it is no surprise that the executive branch has a strong partisan contingent who are left wing. I'm still trying to process the NYTimes and WAPO facilitating leaks.

Anyway, Tulsi, Kash, etc keep saying they want to establish non partisan, professional standards for our intelligence agencies. I'm hoping they will succeed as the prior weaponization of these agencies under Biden was a national disgrace.

 
Speaking in Saudi Arabia, Donald Trump embarrassed the United States to the world when he essentially blew kisses at Saudi Prince Mohammed bin Salman and told him he loves him too much.
Trump said these words even though the CIA confirmed MBS ordered the murder of Washington Post journalist Jamal Khashoggi.

Before singing a love song to MBS like a broken hearted teenager, Trump smugly bashed President Biden and his administration for no other purpose then try and offset his horrible handling of the COVID pandemic and to pump up his disastrous term so far.

Even in a far off land, Trump needed to whine about Biden to make himself feel better.

How creepy was that?
We haven't forgotten how MBS allegedly ordered the assassination and dismemberment of the Washington Post's Jamaal Khashoggi. This led to Trump offering up excuses for MBS and then refusing to even investigate the incident. This precipitated his son-in-law receiving a $2 billion investment from Saudi Arabia.

Nothing crooked there.
Only question is whom does he love more MBS or the little North Korean doll?
497513437_1023299679930901_7093008363352864858_n.jpg
 
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Qatar.

John with US Navy was stationed in Qatar, for intelligence gathering in the Mid East.

The $ 400 Million is peanuts to the Emir.

They own the largest single family house in NYC !

7 - 9 E 72 St. 45,000 square feet. My Security Company has the contract for 24 x 7 on site monitoring.

They bought the townhouse behind 7 - 9 on E 73 St. For their servants.

They bought 43 E 70 St, a 28 foot 5 story townhouse for their UN Ambassador !

43 E 70 was built by my Uncle Ewing in the mid 1920's !

Total NYC RE investments, plus refurbishing those and other RE in NYC ? $ 75 - 100 Million estimated !
 
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