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Click On Picture To See Larger PictureLee Zeldin in cancelling as many environment grants as he can, the latest is a 50 million savings. US retail for Jan declined, this is Biden economy. The Gov needs lower rates to pay the debt, Trump will use this. The [DS] is afraid DOGE will audit the source of their funds, tick tock. The [DS] wants the war to continue in Ukraine, a drone hit the nuclear plant in Ukraine, the blame is on Russia but it looks like Ukraine staged a [FF]. Ann Paulina Luna lets everyone know she is following declas procedure and the clock has already started and the materials she has will be released to the people. DOGE will audit every department, the amount of fraud is astronomical. The GOA is suppose to be doing the audits, either they are part of the system, or they where stripped of power. Trump let us know what he was going to do in 2016, and here we are today, promises made, promised kept.

 

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Economy

https://twitter.com/epaleezeldin/status/1890080377940926637

US retail spending plunged last month, falling for the first time since August

American shoppers pulled back on their spending last month for the first time since August as stubborn inflation continued to bite and harsh weather curbed economic activity.

Retail sales plunged 0.9% in January from the prior month, the Commerce Department said Friday. That’s down sharply from December’s upwardly revised 0.7% gain and well below economists’ expectations of a 0.4% decline. The figures are adjusted for seasonal swings but not inflation.

Shoppers reined in their spending across multiple categories last month. Specialty stores and auto dealers were hit hardest, with spending falling 4.6% and 3%, respectively.

Inflation could worsen if President Donald Trump keeps his promise of imposing 25% tariffs on Mexico and Canada as soon as March 1. The Trump administration is also weighing levying reciprocal tariffs in April. Most economists say Trump’s hefty duties would likely ramp up price pressures in the US, contrary to the Trump administration’s belief that foreign countries will pay for the tariffs

Source:msn.com

Yes, the latest retail numbers available are for January 2025.  

https://twitter.com/KobeissiLetter/status/1890196417710358949

  at 3.5%. Meanwhile, the base case now shows interest rate cuts not beginning until at least September 2025. Is higher for longer back?

https://twitter.com/KobeissiLetter/status/1890451969229140024

Abolish property taxes? DeSantis endorses the idea and explains how it could be done in Florida

Florida Gov. Ron DeSantis endorsed the idea of abolishing property taxes throughout the Sunshine State, but explained that it would require a constitutional amendment.

The governor, who is currently serving his second term after a decisive re-election victory in Florida's 2022 gubernatorial contest, was responding to someone on X who advocated abolishing property taxes in the state and asked what would need to be done to make that happen.

"Property taxes are local, not state. So we’d need to do a constitutional amendment (requires 60% of voters to approve) to eliminate them (which I would support) or even to reform/lower them," DeSantis noted.

"We should put the boldest amendment on the ballot that has a chance of getting that 60%," he continued. 

"I agree that taxing land/property is the more oppressive and ineffective form of taxation," the governor added.

 

Eric Trump, one of President Donald Trump's sons,