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Lee Zeldin found Biden's hidden money, nice try. Jobless claims are up in DC, people are going to see the jobs that were created were in DC. Trump gives a list of money that DOGE saved. [CB] created the Impoundment Act of 1974. Calls to audit Fort Knox is getting louder. London is sending gold to NY. The [DS] was baited by Trump. They are now calling him a tyrannical dictator. Trump is the opposite, he is dismantling the system tyrannical system. The [DS] took the bait, now the people will see who the shadow tyrannical government really is. In the end Trump will win.
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Economy
https://twitter.com/elonmusk/status/1891395214557774290
https://twitter.com/KobeissiLetter/status/1891164638730940746
https://twitter.com/KobeissiLetter/status/1891196692239728909
Industrial Average has lagged the S&P 500 by 17 percentage points over the last 2 years. As large cap technology stocks increasingly drive the market, the Dow is falling behind. Currently, large cap tech only reflects ~14% of the Dow compared to ~33% of the S&P 500. Is the Dow Jones Industrial Average index outdated?
All federal spending is taxation What the gov’t doesn’t take in from tax revenue, it takes via inflation The only way to stop inflation is to lower gov’t spending That’s what DOGE is doing Low inflation = freedom and prosperity for Americans
https://twitter.com/elonmusk/status/1891414886443319769
Top Auto CEO Says He May Pull Production Out of Mexico If Trump Follows Through on Tariffs
The CEO of Nissan has said he may be forced to move production out of Mexico if Donald Trump imposes tariffs on exports.
The head of the Japanese automaker made the comments during a press conference on Friday.
“From Mexico to the U.S., we are exporting a significant number of cars this fiscal year,” Uchida said, according to Reuters.
”320,000 units are exported from Mexico to the U.S., and if the high tariffs are imposed, we need to be ready for this,” he continued.
”Maybe we can transfer the production of these models elsewhere if this were the decision, we will think how we can make it a reality while monitoring the situation.”
Source: thegatewaypundit.com
A 1974 federal law forces the President to avoid efficiency and cost savings
Average Americans can be forgiven for not understanding how Joe Biden was able to “forgive” student debt and stop Trump’s Border Wall construction without pushback from the media, Congress, or the courts, while Trump’s efforts to make government more efficient are being blocked at every turn.
The Impoundment and Control Act of 1974 was passed at the height of the Watergate debacle and was a calculated move by Congress to stop Nixon’s so-called Imperial Presidency.
Understood in its most basic terms, Congress says that if it voted to spend money on something, the president may not change that amount, even if he can achieve the exact same outcome by spending less money. To put it bluntly, the Act says that the president is not allowed to save the country money.
As a hypothetical example, assume that Congress has budgeted $1 billion to rebuild the Francis Scott Key Bridge in Baltimore. The President, however, finds a way to re-construct the bridge to the exact specifications laid out by Congress for $500 million, saving half the cost. Under the Act’s explicit terms, the president would be barred from this cost-saving approach. He must spend all $1 billion. If this has you scratching your head—well, welcome to the club.