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Today we discuss the scariest thing since the words" Hi, I'm Bill Cosby, would you like to get a drink?" the 10- year Treasury yield is rising.
Well It's tarrifying out there. But don't be blinded by the terror if you want to know what is really going on. It's the debt dum-dum. Trump's plan to lower the deficit is working if America's early retirements are not. Oil is down, interest rates are down, and tariff revenue is up. AKA closing budget deficits... While all this is going on, Utah is attempting to use gold and silver as money and a mysterious governor veto emerged.
Today we pause from talking abut tariffs. We discuss housing. News flash, it is prickly...
Trump sets a permanent auto tariff by executive order, maybe. In response, Canadians are boycotting America, while the American consumer is broke. China puts Trump back in check regarding the Panama Canal, no word on whether they plan to rename it the China Canal, Russians are popping out of pipelines Shawshank style, and the misadventures of Pete Hegseth continue.
Today we discuss why that yellow rock is making new all time highs.
Today we revisit the astute selection of Howard Lutnick as Commerce Secretary or anything really. Trump does America a solid by dismantling most of the Department of Education and sending it back to state control as the Constitution intended. Britain is acting like Brutus suddenly. Our great dealmaker is actually matched up against a great deal maker and we can forecast the results. Meanwhile, tons of Americans are suffering and barely making it month to month while the parade of billionaires to civil servants continue. Lastly, and quietly Americans withdrawing $200 in cash in 30 counties will now be surveilled. Don't watch what they say watch what they do.
We discuss the new development's at BYD and how they are driving the world's car market and what that means for the DOGE distracted Elon.
Today we discuss the world getting angry and boycotting the US and its products. Boycotts are not good for solving a trade deficit. We take a deep dive into the Kennedy Center board nominations and see who is making the arts great again. We get to see how our new Commerce Secretary is doing and wonder why he found out 10 days late that we might be going into a recession. Like the soldiers of Santa Ana, the deficits just keep coming. Southwest and Roomba are struggling, and so it seems is the bromance between Trump and Musk.
Trump is choosing a saber with his eggs benedict as he is lashing out and sending violence into the Twitter-verse almost daily. The question is does he have a plan? And why was there a Tesla car show at the White House?
As we slip further into recession, the mainstream media is starting to discover something is amiss. Trump's turnaround plan is starting to hurt, but Doge is still hard at work trying to claw back some of the wasteful spending courtesy of Rand Paul and a process called rescission. Robot cats are about to invade our dining establishments thus sayeth C Thomas, while we review the findings of the bailouts and parachutes of the 2023 banking crisis. Millions of dollars to CEOs to drive taxpayers into bailouts, sounds like 2009 to me. Our hope is saying that this plan might hurt a little. To a society that hasn't been allowed to hurt, that means it will hurt alot.
From the publisher's feed