Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Man, does this reek of desperation! Likely to go the way that the Comey and James prosecutions went - very swiftly the opposite of their expectations. Higher inflation and the market gets even more spooky.
"Hey Mr. Market, we are so worried about the stock market crashing that we are teeing up some news that will un-nerve it even further - politically induced rate cuts!"
Take note of how the market responded today on that news: meh.
"President Donald Trump began his second presidential term with an autocratic offensive aimed at consolidating power in his hands while bending public and private institutions to his will. But 10 months on, what seemed like a speed-run to autocracy has smashed into a roadblock of opposition, disapproval and a fracturing coalition.
The steady stream of setbacks started for Trump in September and has not let up. Democrats swept the Nov. 4 elections. Blame for the nation’s longest government shutdown fell at Trump’s feet. Universities roundly rejected Trump’s compact to impose ideological control. Late night host Jimmy Kimmel wasn’t fired despite Trump’s best efforts. Trump’s mid-decade redistricting push appears likely to backfire. The Supreme Court looks ready to strike down Trump’s tariff policy. And Trump’s retribution campaign against his perceived enemies have foundered in court in humiliating fashion."
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“What Trump has done is mid-20th century tinpot dictator stuff,” Levitsky said. “In pockets of the DOJ, you see a real embarrassing level of incompetence and that’s slowing him down. It’s double edged because they will do what you want them to do, but they won’t do it very well.”
I get the feeling the tide is turning against Trump based on several recent events: election losses, MTG resignation, Epstein files and Venezuelan boat strikes. Donald you've had your "fun" — it's time to pay the piper!
More and more of his sycophantic "tools" may begin to suspect that they will end up like so many others: Giuliani, Powell, Lindell, etc. They may try and escape his orbit before the gravity makes that impossible.
Take note that even his children are keeping great distance. Trump may be so old that he dies before the bill is due, but that doesn't apply to his children and their children, who may shoulder the shame.
"More and more of his sycophantic "tools" may begin to suspect that they will end up like so many others: Giuliani, Powell, Lindell, etc. They may try and escape his orbit before the gravity makes that impossible."
I think I've mentioned this on the forum previously. David Brooks is a regular Friday guest on the PBS News Hour. He stated (paraphrasing) that Donald J. Trump degrades everyone that he comes into close contact with. I wholeheartedly agree with Mr. Brooks. But we must hold these folks — Hegseth, Bondi, Homan, House Speaker, Senate Majority Leader, etc. — accountable for committing crimes and/or violating their oath of office!
"More and more of his sycophantic "tools" may begin to suspect that they will end up like so many others: Giuliani, Powell, Lindell, etc. They may try and escape his orbit before the gravity makes that impossible."
I think I've mentioned this on the forum previously. David Brooks is a regular Friday guest on the PBS News Hour. He stated (paraphrasing) that Donald J. Trump degrades everyone that he comes into close contact with. I wholeheartedly agree with Mr. Brooks. But we must hold these folks — Hegseth, Bondi, Homan, House Speaker, Senate Majority Leader, etc. — accountable for committing crimes and/or violating their oath of office!
Walz said to Kristen Welker: “Here we got a guy on Thanksgiving, where we spent time with our families, we ate, we played Yahtzee, we cheered for football or whatever. This guy is apparently in a room, ranting about everything else. This is not normal behavior. It is not healthy. And presidents throughout time have released a couple things. They’ve released their tax returns—not Donald Trump— and they’ve released their medical records—not Donald Trump. And look, the MRI is one thing, but I think what’s most concerning about this is, as your viewers out there are listening, has anyone in the history of the world ever had an MRI assigned to them and have no idea what it was for, as he says? So look, it’s clear the President’s fading physically. I think the mental capacity, again, ranting, you know, crazily at midnight on Thanksgiving about everything else. There’s reasons for us to be concerned. This is a guy that randomly says the airspace over Venezuela’s closed. He’s ruminating on if you could win a nuclear war. Look, this is a serious position. It’s the most powerful position in the world, and we have someone at midnight throwing around slurs that demonize our children, at the same time he’s not solving any of the problems. So I’m deeply concerned that he is incapable of doing the job.”
"Also tonight, Trump announced that because former president Joe Biden used an autopen, '[a]ny and all Documents, Proclamations, Executive Orders, Memorandums, or Contracts,' pardons, and commutations he signed are 'invalid.' This is bonkers, of course. All modern presidents have used autopens, including Trump himself, and there is no mechanism in the Constitution for erasing the actions of a previous president by fiat.
"More to the point, as Yunior Rivas of Democracy Docket pointed out, Trump himself said he had no idea who crypto billionaire Changpeng Zhao was after having pardoned him. And in March, Trump told reporters he had not signed the proclamation invoking the 1798 Alien Enemies Act, although his signature appears on the proclamation in the Federal Register.
Dementia or Alzheimer's? Both? can't even keep himself awake at cabinet meetings. Time for the 25th. Long past time. It was time already, at the start of his FIRST term.
Comments
I believe it IPO'd at $16. Currently $10.63
Going to name a new FED chair by Christmas?
Man, does this reek of desperation! Likely to go the way that the Comey and James prosecutions went - very swiftly the opposite of their expectations. Higher inflation and the market gets even more spooky.
"Hey Mr. Market, we are so worried about the stock market crashing that we are teeing up some news that will un-nerve it even further - politically induced rate cuts!"
Take note of how the market responded today on that news: meh.
Consumer confidence hits lowest point since April as job worries grow.
https://www.huffpost.com/entry/trump-autocratic-offensive-setbacks_n_6927659be4b00aca68d41014
"President Donald Trump began his second presidential term with an autocratic offensive aimed at consolidating power in his hands while bending public and private institutions to his will. But 10 months on, what seemed like a speed-run to autocracy has smashed into a roadblock of opposition, disapproval and a fracturing coalition.
The steady stream of setbacks started for Trump in September and has not let up. Democrats swept the Nov. 4 elections. Blame for the nation’s longest government shutdown fell at Trump’s feet. Universities roundly rejected Trump’s compact to impose ideological control. Late night host Jimmy Kimmel wasn’t fired despite Trump’s best efforts. Trump’s mid-decade redistricting push appears likely to backfire. The Supreme Court looks ready to strike down Trump’s tariff policy. And Trump’s retribution campaign against his perceived enemies have foundered in court in humiliating fashion."
-----
“What Trump has done is mid-20th century tinpot dictator stuff,” Levitsky said. “In pockets of the DOJ, you see a real embarrassing level of incompetence and that’s slowing him down. It’s double edged because they will do what you want them to do, but they won’t do it very well.”
election losses, MTG resignation, Epstein files and Venezuelan boat strikes.
Donald you've had your "fun" — it's time to pay the piper!
Take note that even his children are keeping great distance. Trump may be so old that he dies before the bill is due, but that doesn't apply to his children and their children, who may shoulder the shame.
Giuliani, Powell, Lindell, etc.
They may try and escape his orbit before the gravity makes that impossible."
I think I've mentioned this on the forum previously.
David Brooks is a regular Friday guest on the PBS News Hour.
He stated (paraphrasing) that Donald J. Trump degrades everyone that he comes into close contact with.
I wholeheartedly agree with Mr. Brooks.
But we must hold these folks — Hegseth, Bondi, Homan, House Speaker, Senate Majority Leader, etc. —
accountable for committing crimes and/or violating their oath of office!
we ate, we played Yahtzee, we cheered for football or whatever.
This guy is apparently in a room, ranting about everything else.
This is not normal behavior. It is not healthy.
And presidents throughout time have released a couple things.
They’ve released their tax returns—not Donald Trump—
and they’ve released their medical records—not Donald Trump.
And look, the MRI is one thing, but I think what’s most concerning about this is,
as your viewers out there are listening, has anyone in the history of the world
ever had an MRI assigned to them and have no idea what it was for, as he says?
So look, it’s clear the President’s fading physically.
I think the mental capacity, again, ranting, you know,
crazily at midnight on Thanksgiving about everything else.
There’s reasons for us to be concerned.
This is a guy that randomly says the airspace over Venezuela’s closed.
He’s ruminating on if you could win a nuclear war.
Look, this is a serious position.
It’s the most powerful position in the world, and we have someone at midnight throwing around slurs
that demonize our children, at the same time he’s not solving any of the problems.
So I’m deeply concerned that he is incapable of doing the job.”
https://www.mayoclinic.org/diseases-conditions/alzheimers-disease/expert-answers/sundowning/faq-20058511
'[a]ny and all Documents, Proclamations, Executive Orders, Memorandums, or Contracts,'
pardons, and commutations he signed are 'invalid.' This is bonkers, of course.
All modern presidents have used autopens, including Trump himself,
and there is no mechanism in the Constitution for erasing the actions of a previous president by fiat.
"More to the point, as Yunior Rivas of Democracy Docket pointed out, Trump himself said
he had no idea who crypto billionaire Changpeng Zhao was after having pardoned him.
And in March, Trump told reporters he had not signed the proclamation invoking the 1798
Alien Enemies Act, although his signature appears on the proclamation in the Federal Register.