Best of Trump

[Joey Mack]

I wish our Dem's would chill out.. Republicans are not hateful, and do have the countries best interest in mind.  That said,,, the greedy ones need to be removed, and right now!!! We need American people first, not wallet first..  The deep Dem's have shown their greed, and Republican greed needs to go.  Im good with jail time for them all.  Hell 1 year would freak any of them out, and if it doesnt, on the next offence, go 5 or more...  🇺🇸

[kscarbel2]

Not at all impressed with this gentleman. She's asking good solid questions.......he won't answer them.

He just keeps repeating the rhetoric that we all know now by heart. JD Vance and Scott Bessent are rungs above this gentleman.

.

 

[kscarbel2]

The country is 100 percent behind the president on fixing a global system of tariffs that has disadvantaged the country. But business is a confidence game and confidence depends on trust. 

By placing massive and disproportionate tariffs on our friends and our enemies alike and thereby launching a global economic war against the whole world at once, we are in the process of destroying confidence in our country as a trading partner, as a place to do business and as a market to invest capital.

President Trump has an opportunity to call a 90-day timeout, negotiate and resolve unfair asymmetric tariff deals and induce trillions of dollars of new investment in our country.

If, on the other hand, on April 9th, we launch economic nuclear war on every country in the world, business investment will grind to a halt, consumers will close their wallets and pocket books and we will severely damage our reputation with the rest of the world that will take years and potentially decades to rehabilitate.

When markets crash, new investment stops, consumers stop spending money and businesses have no choice but to curtail investment and fire workers.

And it's not just the big companies that will suffer. Small and medium-size businesses and entrepreneurs will experience much greater pain.

Almost no businesses can pass through an overnight massive increase in cost to their customers. And that's true even if they have no debt and unfortunately, there is a massive amount of leverage in the system.

Business is a confidence game, and President Trump is losing the confidence of business leaders around the globe.

The consequences for our country and the millions of our citizens who have supported the president - in particular low-income consumers who are already under a huge amount of economic stress - are going to be severely negative.

This is not what we voted for.

The president has an opportunity on Monday to call a timeout and have the time to execute on fixing an unfair tariff system.

Alternatively, we are headed for a self-induced, economic nuclear winter and we should start hunkering down.

May cooler heads prevail.

I have a lot of respect for our president and what he has accomplished so far, but I don't think he is infallible, which is why I am stating loud and clear that I strongly believe launching tariffs on April 9 against the entire world - massively in excess of what we are being charged - is a mistake.

The right answer in my view is a 90-day pause to give the president time to carefully and strategically resolve our historically unfair global trading position. 

Bill Ackman – Billionaire Trump supporter &  Pershing Square Capital Management's CEO

 

Ackman is a huge Wall Street name.

[kscarbel2]

Ackman is bluntly criticizing Commerce Secretary Howard Lutnick, who is investing in long-bonds. 

Lutnick profits when our economy implodes. It's a bad idea to pick a Secretary of Commerce whose firm is levered long fixed income. It's an irreconcilable conflict of interest. 

Bill Ackman

 

The President needs to replace Lutnick with the likes of Ackman, someone that understands a balanced approach to achieving reciprocal tariffs.

[harrybarbon]

KS, you posted a comment last week thereabouts about the approx $4 trillion in stock contracts, which requires your clarification. Please clarify your comment. Was the market full of short contracts that required the stock market to drop or rise, if not then the contract holders would cop a massive loss.

Is this market drop impacting those futures contracts?

[kscarbel2]

1 hour ago, harrybarbon said:

KS, you posted a comment last week thereabouts about the approx $4 trillion in stock contracts, which requires your clarification. Please clarify your comment. Was the market full of short contracts that required the stock market to drop or rise, if not then the contract holders would cop a massive loss.

Is this market drop impacting those futures contracts?

We'll never learn the whole truth. I believe many were shorting. I myself do not short......it's gambling for an individual investor to do so. But for the big Wall Street houses, this is how they profit at a moment when we are losing. I did go 50% to cash 3 months ago, as my gut told me something was coming. I did not though imagine this. I'm skeptical of Lutnick and Navarro, the "way" they're guiding the President. I am thus far impressed with Bessent. It seems the President is trying to force the Fed to cut rates now rather than later......recall the President wanted a rate cut on April 3 but Powell refused. 

[mowerman]

https://youtu.be/CX5ICKMErh8

[mowerman]

and this is why we cant ever move forward,,,,,,wow,,,,lets go bondi,,,woo woo woo

[kscarbel2]

We’re now learning that over the weekend, China’s retaliation against President Trump’s tariffs includes more export controls on rare earth minerals to the US.

China will continue supplying rare earths to the rest of the world, but limit US access to the minerals.

China mines 60 percent of the world’s rare earth minerals, and provides 90 percent of processing and refining capacity.

Why doesn’t the US mine, process and refine at least enough rare earth minerals for its own needs? That is a very good question.

[mowerman]

It’s a no-brainer, but the other side never wants to disturb the dirt unless it’s lithium no limit dig dig dig I think we’re back to the original complaint. Why don’t we just do it here?

[kscarbel2]

 

[mackey58]

Yeah we re doomed.open ur eyes 

[kscarbel2]

There is an irony here. The administration is saying, the US is a massive market that every foreign business wants to be in. And if you want to sell here and take our money, then open factories here, hire our people and produce your US market goods here.

The funny thing is that's exactly what China has been doing for 25 years and the US criticizes them for it, calling it protectionist. China told Ford and GM, for example, we're thrilled you want to sell cars here and make money, but you need to produce those cars for the China market in China thus creating jobs for our people so we all benefit.

 

[kscarbel2]

The Supreme Court, in an unsigned 5 - 4 ruling, has ruled that the Trump administration CAN invoke the Alien Enemies Act of 1798 to deport Venezuelan gang members.

Deportations were halted on March 15 when Obama-appointed US District Court Judge James Boasberg issues an injunction blocking deportations. 

That injunction has now been lifted under the Supreme Court's ruling, allowing the president to once again deport gang members.

[GA_Dave]

1 hour ago, mackey58 said:

Yeah we re doomed.open ur eyes 

Who is this "we" you speak of?

My eyes are wide open and I am quite pleased at the way things are going right now.  Not everything is perfect, but I never had expectations of perfection.  I certainly do not feel "doomed".  It was like we were in a raging river, being swept closer to the plunging waterfall and we finally managed to get ourselves turned around, and now we are fighting against swift currents to get back to calm waters.  It isn't easy, but we are heading in the correct direction. 

The stock market concerns me little, I have no dependency on it whatsoever.  My current financial situation is better than it has ever been.  I am not worried about the tariffs as I purchase very little that is not produced in the US.  Life is good and getting better.  The sky is not falling!