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The whispers on Wall Street are 'stagflation.' Trump makes the point that he inherited Biden's economy and he is working to fix it. It doesn't matter what you think of Joe Biden. The economy was cooking. This whining that the economy was in shambles is an insult to the intelligence of the average man and women walking the streets of America:
Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.
Today marks the first 100 days of the Trump Administration. It has been a parade of childish name calling, verbal attacks, and threats. This is not how adults should be conducting their business. There is plenty of blame to go around on both sides of the aisle.
I like to wrap the end of the month with a post of some sort. May is going to be music month. I will be fasting. It will be serious physical training. My gut has gotten out of control. I'm 69 years old soon to be 70. Does it really matter? It does to me. May will be a month of physical, mental, and emotional pain. It will be worth it.
This is one hell of a fine piece of research. Skip to Box 9 if you want to get the synopsis of the decline of Democracy and the rise of Authoritarianism in the United States under Donald J. Trump. Excellent work. From what I have gathered, it puts DOGE into a light that corporate media has failed to report. I can not stress enough the importance of this analysis. Will the call be heeded? I don't think so. The world on a whole is marching to the drum of authoritarian rule and efforts to curb it are proving to be futile.
Pulling my head out of my ass. If there is a constant in this universe it is the struggle to keep my mind from getting flushed down the psychological toilet. When you haven't got a foundation to execute from, you have nothing. Enjoying Bloomberg Surveillance. The Wizards of Wall Street have been putting Trumps's tariffs into sound economic perspective. Everything Chairman Powell said today was a confirmation that people with business sense and experience are looking at the tariffs for what they are and what damage they will do. I have posted video and audio clips of economic professionals who will not shovel Trump propaganda. The skies are not filled with sunshine and rainbows are not in the forecast.
Trump lost me when he said he was put into a situation that forced him to fix the broken Biden economy. We all know that Biden was a walking disaster when it came to border security and peddling perversion, but the economy was humming along on all cylinders. Trump continues to blame Biden for what the markets are doing at this moment. This economy is Donald J. Trump's, period. Will he own it? Ofcourse not.
I have nothing left to say about the political situation that is being shoved up my ass. I have to navigate and plan ahead as best I can. All I want is to create a better life for myself. That is why I walked away from a good paying casino job. I was miserable. I have no intentions of punching a time clock, working my shift, only to go home and die. I saw it happen in this industry. It sucks the life out you one day at a time. The constant barrage of political turmoil along with the propaganda that has gone with it is doing the same. I refuse to let it. The writing is on the wall. All the research and analysis of this nonsense will not scrub the bricks clean.
Trump's idea that Ukraine started war is 'total nonsense': John Bolton | NewsNation Now
I never cared for John Bolton when he was a part of the first Trump Administration. I like him better now. All I want to do is lay in the weeds and pray that I can live through the certain turmoil ahead. I think of the 1980's. What a nightmare.
R.E.M. - It's The End Of The World As We Know It (And I Feel Fine)
This is why I like Michael Cohen. He isn't afraid to kick the Democrats in the ass. They think public opinion is going to sway President Trump to reconsider his decisons. What a joke.
"Sorry old man, I am busy. Let me step right over you."
Living in America if you are a gezzer. No one gives a rat's ass about us. We are living in a Darwinian jungle. It is every man for himself. As far as DOGE is concerned, he is just one less wasted Social Security check to shell out each month. He can make a contribution to the billionaire tax cut fund by dying and Make America Great Again.
Michael Cohen reacts to Trump's cabinet meeting. The ass kissing is disgusting.
I like to hear criticism of White Christian Nationalism. This movement is dangerous. How deeply it's tentacles are intertwined into the present Administration is not widely known. White Christian Nationalism played a leading role in the January 6th attack on the U.S. Capitol. It has a stranglehold on the House of Representatives. It is a cancer and it continues to spread unabated.
Bernie Sanders and Alexandria Ocasio-Cortez are making headlines for their "Fight Against Oligarchy" campaign. They are selling hope and nothing of substance is coming of it. I am sorry I feel this way but this tour is not stopping, or even slowing down, the Trump fascist steamroller. Trump has taken a wrecking ball to our economy and the rule of law
I have not heard Senator Sanders, or any other of the elected elite, speak out against the danger of this quasi-Nazi philosophy that has become a center piece of the Trump political machine. I have to ask myself, "why not"? The immediate answer that comes to my mind is that corruption is so deeply ingrained in our political system nothing has really changed. This variation is the latest bright and shiny product to hit the shelves. It is different than other products sold before. It is vicious. If you don't buy it, you might end up on a plane heading for El Salvador.
Fear spreads as Trump targets lawyers and non-profits in 'authoritarian' take-down.
Experts warn President's attacks on US civil society, or organizations that hold the government to account,
threaten democracy.
Nice summation of the 'strongman' tactics the Trump Administration is flexing.
Dow Jones Industrial Average ... 38,491.35 ... −2,117.10 (5.21%)
Apr 10, 12:23 PM EDT
Trump wants to play market hero. But the economic
damage is done.
Elon Musk's DOGE Is Now Using AI to Spy on Federal Workers.
"Be careful what you say, what you type and what you do,"
a manager allegedly told one of Reuters's sources.
The White House, DOGE and Musk did not respond to requests for comment.
The use of AI and Signal reinforces concerns among cybersecurity experts and government ethicists that DOGE is operating with limited transparency and that billionaire Musk or the Trump administration could use information gathered with AI to further their own interests, or to go after political targets.
White House Press Sec Says Trump's Seriously Considering Deporting US Citizens.
Deport them for what? Saying something that Trump would judge treasonous? Something like, "Mr. President, I think your tariff plan is a bad idea."
A picture paints a thousand words.
When the story becomes, "Trump crashed the market on purpose", you know the shit has hit the fan. Do these morons actually believe we are this stupid and that we would just accept this nonsense at face value? Goodbye cruel world.
Traders work on the floor of the New York Stock Exchange during morning trading on April 07, 2025 in New York City.
I love the look on the guy sitting to the left. I imagine the boys and girls on Wall Street are upping their dose of stimulants given the nature of the present situation.
The Prime Minister of Singapore, Lawrence Wong, discussing the tariffs announced by the US last week and the impact on the global economy. His take that these tariffs could push the world closer to WWIII is something that I am not hearing on this side of the pond.
Last news from the carnage on Wall Street. From the looks of my TOSHI play, the panic will continue come the opening bell tomorrow morning.
U.S. stocks see biggest 2-day wipeout in history as market loses $11 trillion since Inauguration Day
I remember turning off the television and leaving it off for years. Best thing I ever did. I was confident that if an extinction level event was going to occur, I would be informed about it. Anything other than this was something that wasn't worth dwelling on. What Trump is doing, what his cronies are selling, what the lower primates are thinking and doing is of little importance. If the world gets flushed down the sewer, then I will get flushed down the toilet as well. In the meantime, I have things that need my utmost attention.
Video showing final moments of Gaza emergency workers casts doubt on Israeli account of killings
Addressing the fact the aid workers' bodies were buried in a mass grave, the IDF said in its briefing this is an approved and regular practice to prevent wild dogs and other animals from eating the corpses. The IDF could not explain why the ambulances were also buried.
The fact that Israel is committing genocide in Gaza and has been since day one can no longer be ignored. Hamas is also guilty. That doesn't make things right. It is also irresponsible for the United States to pretend it isn't happening and trying to bury evidence. Having Trump goons (ICE) arresting people to silence those who are protesting this atrocity is a clear example of an authoritarian government in action.
I pray for all the people in this sad, sick world.
Feeling good today. I refuse to be a consumer of propaganda a.k.a. hate. No one is holding a gun to my head and forcing me to buy it. Great effort is being made to cram it down my throat. I can go round and round trying to figure out my best course of action. I have already discovered it; run silent, run deep. I need to create a side hustle to produce income that is not dependent on anyone but myself.
Working on it.
Smart people here. It is a failure of leadership to hire people to kiss your ass and not surround yourself with professionals who will give you the insights necessary to govern intelligently. These Trump sycophants, billionaires everyone, have done nothing but scold and ridicule economic professionals because they are telling the American people the truth of the present Administrations' butchery of the economy. Not only are they bullying and ridiculing them, they are questioning their patriotism. Trump's tariffs are nothing but authoritarian swagger. The fascist jackboot is at our throats.
Watching the world economy react to our Fearless Leader's business acumen in full bloom. I can do nothing to stop the bloodshed on Wall Street. One thing is certain. I won't be eating well. I am not eating well now. It is adequate. With the forecast of higher food prices and stagflation on the horizon, I am in deep shit. I can take some comfort in the realization that I had a life, for what it was worth.
My TOSHI play is circling the drain. The only expectation I have is to get the money out that I put in. The idea that Trump was going to be the 'crypto' President and kickstart the long awaited BTC, alt-coin rally has turned out to be a pipe dream. I'm going to HODL. I have no choice. I'm down 40%.
Bitcoin drops 8%, US markets shed $2T in value
Gene Sperling: 'The worst self inflicted wound I've seen in the history of our country economically'
Former US Treasury Secretary Lawrence H. Summers
sits down with Bloomberg's David Westin to discuss the impending tariffs, what's at stake and what to expect. They also cover the actions taken against certain universities. This man has more brains than the entire Trump Cabinet combined.
Happy April Fool's Day to all my fellow friends.
Elon Musk had the world by the short hairs. He was the envy of the world. He was worshiped. That wasn't good enough. Musk has visions of godhood. He is a man who prides himself on his knowledge of history. The story of Icarus, and the moral of this story must have slipped past him. His vast wealth and superior intelligence do not exclude him from being a weak, fallible human being, just like the rest of us. At the end of the day, his cruelty, arrogance, and disregard for common human decency is on full display for the world to see. The Emperor has no clothes. The truth of the matter; Musk and Trump are two peas in the same pod.
One last story.
More Than 80 HLS Professors Denounce Trump Admin Attacks on Law Firms in Letter to Students. The majority of Harvard Law School's 118 professors signed a letter denouncing the Trump administration's threats to law firms and some firms' subsequent capitulation.
This is all fine and good. Trump has stacked the deck with ass kissing, corrupt people who are pulling the levers of Justice. Besides, Trump does not give a rat's ass about the rule of law. The law required him to pay independent contractors and employees who did work for him when he was king shit of New York real estate. Look what laws did for them. They got stiffed. Look what laws did for the students he ripped off who enrolled at Trump University. A trail of broken bodies who came into contact with Donald J. Trump stretches back decades.