Wednesday, March 05, 2025

Hanging Curveballs

One to swing at.

WASHINGTON — White House adviser Alina Habba said Tuesday that military veterans affected by the DOGE-led layoffs of federal workers may not be "fit to have a job at this moment."

Speaking to reporters on the White House lawn, Habba was asked about fired workers whom Democrats have invited to President Donald Trump's joint address to Congress on Tuesday night. Habba defended the cuts and said she had no sympathy for the thousands of people who have lost their jobs.


Morning

As a cold war kid, Reagan was a senile monster who did crimes and killed a generation of gay men.

Tuesday, March 04, 2025

Speech Thread

For the sickos


Stock Manipulation

Increasingly convinced this is a motive, if not the only one.



Everybody in the know gets rich on every swing .  Easy.

Happy Hour

Go

Sorry, Elon

Well, not sorry, really.

The leader of Ontario - Canada's most populous province - has said that American companies will be banned from provincial government contracts until the US ends the tariffs President Donald Trump imposed on Canada.

Ontario Premier Doug Ford also emphasised that his government would be "ripping up" its C$100m ($68m; £55.1) contract with Elon Musk's satellite internet company Starlink.

Governments refusing to pay people they'd contracted with? Unprecedented. 

Rooting For Stonks To Fall

I admit that I do. Not because I wish for broad economic catastrophe, but because the stonk line going down is one of the few things that might get the attention of Trump (and rich people who he listens to).  

The stonk line can always go up again if everything hasn't been destroyed yet, so it is better that they crash earlier instead of later.  It is harder to put Humpty Dumpty (everything else) back together again.



Lunch

Oh no my apes.

Who Radicalised You, Tom?

 I always get a bit amused when centrist dudes (Tom Edsall, here) start freaking out.

Assuming that the past six weeks are predictive of what’s coming next, expect an age of anxiety, expect the elimination of tens, if not hundreds, of thousands of jobs, expect the decimation of liberal institutions to go on for all four years of Trump’s second term, expect government services to deteriorate, expect reduced funding of the safety net, expect more homelessness, hunger and disease. Expect poverty, expect the financial starvation of universities and of nongovernmental organizations, expect unannounced raids, unreliable data, an America increasingly aligned with authoritarians worldwide, expect a pervasive climate of suspicion and a preoccupation with revenge. Expect more suffering, more fear, less security and less happiness

In other words, expect the worst.

I'm not a mindreader, so perhaps this is unfair to Tom, but I suspect if, I dunno, Chris Hayes had made that prediction 2 months ago, Tom would have thought it was ridiculous hysteria.

That Could Be An Issue

As a profession, economists were long dishonest about the economic costs of tariffs.  They're a tool/tax like any other, with costs and, yes, potential benefits, and the economics costs/benefits of greater/fewer tariffs were often hugely overstated.

That isn't to say they're costless, but no taxes are. 

They did this because the real issue - trade *wars* - isn't neatly an issue for economists, but economists provided the "intellectual" cover for taking them off the table as much as possible.

I suppose Tom Friedman was more honest about this stuff than economists, whether or not he was correct about his free trade obsessions back in the day.

Anyway, trade wars are messy!
China’s Ministry of Finance put tariffs of 15 percent on imports of American chicken, wheat, corn and cotton and 10 percent tariffs on other foods, ranging from soybeans to dairy products. In addition, the Ministry of Commerce said 15 U.S. companies would no longer be allowed to buy products from China except with special permission, including Skydio, which is the largest American maker of drones and a supplier to the U.S. military and emergency services.

Lou Qinjian, a spokesman for China’s National People’s Congress, chastised the United States for violating the World Trade Organization’s free trade rules. “By imposing unilateral tariffs, the U.S. has violated W.T.O. rules and disrupted the security and stability of the global industrial and supply chains,” he said.

Go Team

Every Dem senator who was there voted against cloture to stop the Republicans from banning trans women from participating in sports, so good for them!

Morning

Masterful gambit, sir.

Monday, March 03, 2025

Monday Night

Rock on.


Game On

Canada's gonna have some fun.

Happy Hour

Get happy

War, What Is It Good For

You don't have to be against supporting Ukraine to find this, uh, ...




Ah, Well, Nevertheless

 


What's Going On With the CFBP

 David Dayen explains.

Declarations issued last week show that the acting director of the Consumer Financial Protection Bureau, Russ Vought, had a clear plan to break up the agency, and reduce it to as little as “five men in a room.” The revelation of this plan in federal court highlighted its clear illegality. So Vought and his team are now reverse engineering their plan to gaslight employees and the courts that it was always legal to begin with.

Lunch

eat

If Laws Are Being Broken, Why Aren't People Being Arrested?

Among many things which Dem leaders are failing to communicate is "The FBI and DOJ now work for Trump, not you."

I suspect they are hesitant to criticize Our Great Law Enforcement Institutions.

Most people will not understand that things are deeply fucked unless you start explaining it to them. And, no, one media hit or press release doesn't do that, especially when paired with bipartisan photo ops.