I don’t know about you, but these first 100 days of #FARTUS have taken a toll on me. So many bad policies in such a short time have me spinning and anxious. I can’t even plan my one-person, small-house, semi-retired life. I can’t even figure out what state and local governments, big and small businesses, and the courts have on their hands right now.
The assessment of these first 100 days, coming from polls and pundits, is stunningly bad. Bad to the point that any polling firm is considered to be a criminal organization by yam tits. I will start with this analysis in The Guardian by Steven Greenhouse. “Trump’s second term will be the worst presidential term ever. Tragically, the president’s second term is already more lawless and more authoritarian than any in US history.”
In his first 100 days back in office, Donald Trump has made a strong case that his second term will be by far the worst presidential term in US history. So many of his flood-the-zone actions have been head-spinning and stomach-turning. His administration seems to be powered by ignorance and incoherence, spleen and sycophancy. Both he and his right-hand man, Elon Musk, with their resentment-fueled desire to disrupt everything, seem intent on pulverizing the foundations of our government, our democracy, our alliances as well as any notions of truth. Tragically, Trump’s second term is already more lawless and more authoritarian than any in US history.
From Franklin Roosevelt and Ronald Reagan to Joe Biden, every president since the second world war has worked hard to build alliances to promote peace and prosperity and deter aggression. But right out of the box, Trump 2.0 has rushed to blow up our alliances and cavalierly alienate our allies. Trump quickly rejected the US’s traditional foreign policy and ideals by warmly embracing Vladimir Putin, a brutal dictator, and turning against Ukraine and its noble fight against Putin’s aggression. Trump sounded like a rapacious 19th-century imperialist when he threatened to take over the Panama canal and, ditto, when he talked of using force to seize control of Greenland, which belongs to our longtime Nato ally, Denmark. Then there’s Trump’s astoundingly idiotic talk – and taunt – that Canada should be our 51st state. What a way to anger and alienate a nation that has long been the US’s best friend.
Then there is the disaster – or should we say clown show – of Trump’s on-again, off-again, on-again, who-knows-what’s-going-to-happen-tomorrow tariffs. His “liberation day” tariffs were put together by a clown-car crew, just three hours before he announced it, and Trump and company seemed to have zero idea that his hodgepodge of tariffs would send the world’s stock markets into a nervous breakdown. Trump’s team was stupid enough to think that China was too feeble to respond effectively to Trump’s trade war – treasury secretary Scott Bessent said China had “a losing hand” with just “a pair of twos”. Trump and his clown car failed to realize that China had the ability to retaliate in devastating ways – by clamping down on rare earth exports that American manufacturers and tech companies desperately need, and perhaps by selling off hundreds of billions of dollars in US bonds. Former treasury secretary Janet Yellen was appalled, saying: “This is the worst self-inflicted policy wound I’ve ever seen in my career inflicted on our economy.”
What really gets to me is his “bombastic rhetoric.” It’s like you’re either with the bully or being bullied. But what appalls me is his stewardship of the US and global Economy. He is completely detached from all we have learned about policy impacts from the 1930s. It was clear that as industrialization increased, the old mercantilism of the colonial days was fading fast. Industrialization created a different trade paradigm.
The switch from the Gold Standard created a different-looking financial economic system. The Information Age and the rise of advanced technology like robotics have changed us even more. We have complex, intertwined, mixed market economies. While the basics of market structure remain similar, the frictions within them have become much more complicated. You may check the academic research of Nobel Prize-winning Joseph E. Stiglitz for his legendary study on how the various quirks in producing specific goods and services can lead to fairly serious economic issues.
I don’t think anyone in the West Wing or the Agencies knows how economic policy works. For that matter, Trump doesn’t even know how many countries there are in the world since he keeps mentioning 200 trade deals when there are only 195. Maybe the Penguin islands are more autonomous than we know?
In fact, the communication style of the entire MAGA movement makes it an impossible environment for governing. This is how Amanda Marcotte–writing for Salon— puts it. “MAGA loves a tantrum: How public meltdowns became the preferred method of GOP communication. Why Nancy Mace, Pete Hegseth, and Stephen Miller keep throwing fits on camera.”
If there were an Oscar for the category “hard to watch,” I’d have to nominate the video of Rep. Nancy Mace, R-S.C., barking expletives at a constituent after he asked her if she would have a town hall soon. It’s produced in a beauty supply store instead of a movie studio, but in a brief minute and 42 seconds, the video finds its place in the canon of horror films shot from the villain’s perspective. The camera focuses entirely on the story’s hero, a man in a polo and shorts holding a bottle of what appears to be face cleanser, as he holds his own against his congressional representative getting increasingly shrill as she yells invective at him. Even though he said nothing about gay marriage, she demands his gratitude for voting “for gay marriage twice.” When he gets annoyed at her reductive assumption, she calls him “crazy” and “absolutely f—king crazy,” and repeatedly says “f—k you” to him.
In the eyes of normal people, Mace, as her interlocutor said when he fled from this encounter, is a “disgrace.” Most adults who act like Mace in public immediately wish to disappear off the face of the earth in shame. But not our Nancy! No, she’s the one who posted this video online, proud of her emotional incontinence. She even offered a homophobic “gay panic” defense, by describing the man as “wearing daisy dukes, at a makeup store.” (Sorry, Miss Nancy, they aren’t daisy dukes until we see cheeks.) To people outside the MAGA bubble, it’s a baffling choice. She’s not even a fun villain. There’s none of the sleek appeal of Loki from the “Avengers” franchise or camp glee of Ursula from “The Little Mermaid.” Mace is serving pure toddler here. She likely wished to throw herself to the floor and start pounding it, but doing so would have meant dropping her iPhone.
Mace isn’t wrong, however, to think that what most adults find embarrassing, the MAGA base will eat right up. The public meltdown, in which you declare yourself the world’s greatest victim, is the preferred GOP method of political communication these days. Despite this effort, Mace didn’t even come close to nabbing last week’s gold star for the most histronic MAGA performance. She was outdone by Stephen Miller, whose usual register on TV is “verge of a nervous breakdown,” but got so shrill on Fox News Tuesday that Lauren Tousignant at Jezebel worried she’d soon have to “look at Stephen Miller’s face as he pops a dozen blood vessels as his brain explodes.”
Defense Secretary Pete Hegseth turned in two performances that would cause Al Pacino to tell him to settle down. While carping about “the fake news media” during the White House Easter egg roll, Hegseth’s whining got so pitched his voice started to crack, while his children stood behind him, embarrassed at the spectacle.
Despite his own family’s discomfort with his antics, Hegseth kept up the scenery-chewing, bellowing about the all-powerful, forever-mysterious “they” have “come after me from day one.” (“They,” in this case, means close friends and advisors who got pushed out after beginning to question Hegseth’s fitness for the job.)
All this yelling and bellyaching serves a pragmatic purpose: to distract from how what they’re saying makes no sense. Miller’s claim that the six Republican judges on the Supreme Court — three appointed by Trump — are “communist” wouldn’t withstand even a moment’s thought at a normal volume. Because he’s delivering his commentary at “front row at Led Zepplin” levels, the brain can’t even process how preposterous the lie is. Mace’s routine showed this working in a literal way. Her target runs away, because trying to talk to someone behaving like her is like trying to converse with a wildfire.
It’s part of the overall too-muchness that is the signature of the MAGA aesthetic, which goes right back to Trump’s gold-plated tastelessness. We see it in the infamous “Mar-a-Lago” face, which uses plastic surgery and spackled-on make-up to turn women into terrifyingly exaggerated caricatures of femininity. Or the love of roided-out male bodies, which try to recreate the impossibly huge muscles of comic books on human bodies. It’s a maximalist aesthetic, minus all the playfulness of Las Vegas casinos or “RuPaul’s Drag Race.” There’s a grim vibe to the undertaking, as if they’re trying to pound your head into the ground with the excess.
“Fake Melania mystery solved. Once you see it, you can’t unsee it.” John Buss, @repeat1968
The week our interview was supposed to occur, Trump posted a vituperative message on Truth Social, attacking us by name. “Ashley Parker is not capable of doing a fair and unbiased interview. She is a Radical Left Lunatic, and has been as terrible as is possible for as long as I have known her,” he wrote. “To this date, she doesn’t even know that I won the Presidency THREE times.” (That last sentence is true—Ashley Parker does not know that Trump won the presidency three times.) “Likewise, Michael Scherer has never written a fair story about me, only negative, and virtually always LIES.”
Yes, it was full-on #FARTUS Bully Verbal Bombing them publicly. They actually just called him later. He picked up. This article is the result
Despite his attacks on us a few days earlier, the president, evidently feeling buoyed by a week of successes, was eager to talk about his accomplishments. As we spoke, the sounds of another conversation, perhaps from a television, hummed in the background.
The president seemed exhilarated by everything he had managed to do in the first two months of his second term: He had begun a purge of diversity efforts from the federal government; granted clemency to nearly 1,600 supporters who had participated in the invasion of the U.S. Capitol on January 6, 2021, including those caught beating police officers on camera; and signed 98 executive orders and counting (26 of them on his first day in office). He had fired independent regulators; gutted entire agencies; laid off great swaths of the federal workforce; and invoked 18th-century wartime powers to use against a criminal gang from Venezuela. He had adjusted tariffs like a DJ spinning knobs in the booth, upsetting the rhythms of global trade and inducing vertigo in the financial markets. He had raged at the leader of Ukraine, a democratic ally repelling an imperialist invasion, for not being “thankful”—and praised the leader of the invading country, Russia, as “very smart,” reversing in an instant 80 years of U.S. foreign-policy doctrine, and prompting the countries of NATO to prepare for their own defense, without the protective umbrella of American power, for the first time since 1945.
…
We asked Trump why he thought the billionaire class was prostrating itself before him.
“It’s just a higher level of respect. I don’t know,” Trump said. “Maybe they didn’t know me at the beginning, and they know me now.”
“I mean, you saw yesterday with the law firm,” he said. He was referring to Paul, Weiss, Rifkind, Wharton & Garrison, one of the nation’s most prestigious firms, whose leader had come to the Oval Office days earlier to beg for relief from an executive order that could have crippled its business. Trump had issued the order at least partially because a former partner at the firm had in 2021 gone to work for the Manhattan District Attorney’s Office, where he was part of an investigation of the Trump Organization’s business practices. Also that week, an Ivy League institution, threatened with the cancellation of $400 million in federal funding, had agreed to overhaul its Middle Eastern–studies programs at the Trump administration’s request, while also acceding to other significant demands. “You saw yesterday with Columbia University. What do you think of the law firm? Were you shocked at that?” Trump asked us.
Yes—all of it was shocking, much of it without precedent. Legal scholars were drawing comparisons to Franklin D. Roosevelt and the early stages of the New Deal, when Congress had allowed FDR to demolish norms and greatly expand the powers of the presidency.
As ever, Trump was on the hunt for a deal. If he liked the story we wrote, he said, he might even speak with us again.
“Tell the people at The Atlantic, if they’d write good stories and truthful stories, the magazine would be hot,” he said. Perhaps the magazine can risk forgoing hotness, he suggested, because it is owned by Laurene Powell Jobs, which buffers it, he implied, from commercial imperatives. But that doesn’t guarantee anything, he warned. “You know at some point, they give up,” he said, referring to media owners generally and—we suspected—Bezos specifically. “At some point they say, No más, no más.” He laughed quietly.
Media owners weren’t the only ones on his mind. He also seemed to be referring to law firms, universities, broadcast networks, tech titans, artists, research scientists, military commanders, civil servants, moderate Republicans—all the people and institutions he expected to eventually, inevitably, submit to his will.
We asked the president if his second term felt different from his first. He said it did. “The first time, I had two things to do—run the country and survive; I had all these crooked guys,” he said. “And the second time, I run the country and the world.”
More like the country and the world run from him. I have to admit. I admire the Chinese method of trolling him. It’s funny and effective. Philip Bump at the Washington Postanalyzes this self-defeating policy of the second term. “The bubble that created Trump is the reason he’s stumbling. The White House is now a bubble where loyalty, not ability, defines success.”
Consider Defense Secretary Pete Hegseth.
No one should be surprised that Hegseth is flailing in his new role, one of the most arduous and complicated in the U.S. government, if not the world. When Donald Trump proposed that Hegseth run the agency, the response was broadly unified: Hegseth lacked the experience needed to do the job effectively. You could debate the othercontroversies surrounding his bid for the role ad nauseam, but there was no way to reasonably argue that the Fox News talk-show host was prepared to run the Pentagon.
Hegseth was confirmed by the Republican-controlled Senate anyway because Trump and a universe of voices who support him insisted Hegseth was the best choice for the job — because he was Trump’s choice for the job. Republican senators who undoubtedly knew better went along, betting that things wouldn’t get so bad under Hegseth that it was worth stirring up the fury of that pro-Trump bubble.
It’s the same bet that prominent Republicans have been making on Trump himself since 2015. Now, as Trump too is flailing — polling and the data make clear that he is — it’s trivial to identify that insular chorus of cheerleaders and cynics as a root cause.
The president owes his political career to that same bubble. Over the past few decades, the fringe right and then Republicans more broadly embraced discussions of the world that were mostly devoid of nuance: left bad, right good. The internet allowed for the emergence of bespoke “news” organizations (and, later, social media accounts) catering to conspiratorial partisan rhetoric — an alternative to traditional reporting unhampered by criticism or unpopular truths.
Trump secured the 2016 Republican nomination not because he was the best spokesperson for the Republican Party but because he echoed the refrains of that surreal universe of information. When you hear his supporters praise his straightforwardness, this is what they are referring to: He says the false things with which they agree.
We’re about to say goodbye to Musk. Hopefully, Hegseth will be a quick second out. But what comes next? Certainly, nothing better. Even Rubio seems to have caught the munificently Kiss Ass Fever. The speed of light is the rate at which he contradicts the old Little Marco makes me wonder if he a Musk AI robot and the ex-Senator is up in space some where. Here’s the latest example from The Independent. “Marco Rubio claims Canada should be 51st state as PM told Trump they ‘couldn’t survive’ without U.S. Rubio says State Department has not taken action on the president’s push to annex Canada and Greenland.”
America’s top diplomat was questioned on Sunday about Donald Trump’s reasoning for repeatedly calling for Canada to join the United States as the 51st state.
Secretary of State Marco Rubio appeared on NBC’s Meet the Presson Sunday where moderator Kristen Welker asked him if the administration was actually taking any steps to make Trump’s vision a reality.
The president has made his opinion clear: he wants Canada to join the United States and suggested his administration would also acquire the Danish-held territory Greenland by any means.
The secretary of state gave his own translation of the president’s remarks on the matter:
“What the president has said, and he has said this repeatedly, is he was told by the previous prime minister that Canada could not survive without unfair trade with the United States, at which point he asked, ‘Well, if you can’t survive as a nation without treating us unfairly in trade, then you should become a state.’ That’s what he said.”
Rubio told Welker that the administration had taken no action to realize this particular strain of Trump’s bluster, which has alarmed U.S. allies.
There’s a U.S. military base on Greenland, and the president has cited the self-governing nation’s geographical importance as a reasoning for his expansionist goal. Trump has made the comments on numerous occasions, including in conversations with his Canadian counterparts.
Trump himself made his goals of northward expansion apparent during his address to Congress in February.
“We need Greenland for national security and even international security. And we’re working with everybody involved to try and get it,” Trump said at the time. “And I think we’re going to get it one way or the other. We’re going to get it.”
But he was making similar remarks publicly as early as December 2024.
“No one can answer why we subsidize Canada to the tune of over $100,000,000 a year? Makes no sense!” Trump wrote on Truth Social. “Many Canadians want Canada to become the 51st State.”
“They would save massively on taxes and military protection. I think it is a great idea,” added Trump.
So tell me if you ever thought you’d see the day that an American Secretary of State believes annexing your best allies, the ones you’ve fought beside in Wars, and stood by you when you were attacked, would say that sort of thing? Meanwhile, the entire Deportation debacle continues on its cruel and ugly path. This is from Politico. “Homan presses undocumented immigrants to self-deport, threatening prosecution. The push comes as the monthly deportation numbers have lagged behind the Biden administration’s.” Homan is now the antonym for Human. Deportation in this country does not just fall on the undocumented. It impacts everyone.
White House border czar Tom Homan on Monday warned undocumented immigrants that they “cannot hide” and will be prosecuted in they remain in the U.S. illegally — the latest effort from the Trump administration to push self-deportation.
“Get your affairs in order. If you’re in the country illegally, work with ICE, go to CBP One Home app, and leave on your own,” Homan said from the White House press briefing room.
Homan said every immigrant in the U.S. illegally must register with the federal government and carry documentation. And those who fail to register with the Department of Homeland Security or neglect to update any new address will have those actions treated as criminal offenses “starting today.” He also warned other undocumented immigrants that if they have a final order to leave the country but remain anyway, the Trump administration will “aggressively prosecute” and issue daily monetary fines of up to $998.
The border czar’s briefing room appearance comes as the Trump administration marks its 100th day in office this week, with Homan touting the administration’s progress on border security. He pointed to a significant drop in illegal border crossings, which have plunged since Trump took office to the lowest level in decades.
Homan said Monday that the administration has deported 139,000 migrants since Jan. 20 as Trump officials have struggled to ramp up removal numbers. This figure includes people deported by Immigration and Customs Enforcement, Customs and Border Protection and the Coast Guard, who would have been encountered at or before they reached the border, according to a DHS official. The Trump administration’s monthly deportation numbers have lagged behind the Biden administration’s, according to data obtained by NBC News.
The bluster is abusive, but the actions are unconstitutional, illegal, and inhumane. The New York Timesreports on the weekend’s 60 Minutes sign-off. Every voice raised against the dismantling of US democracy is a voice that counts! “‘60 Minutes’ Chastises Its Corporate Parent in Unusual On-Air Rebuke. The show’s top producer abruptly said last week he was quitting. “Paramount began to supervise our content in new ways,” the correspondent Scott Pelley told viewers.”
In an extraordinary on-air rebuke, one of the top journalists at “60 Minutes” directly criticized the program’s parent company in the final moments of its Sunday night CBS telecast, its first episode since the program’s executive producer, Bill Owens, announced his intention to resign.
“Paramount began to supervise our content in new ways,” the correspondent, Scott Pelley, told viewers. “None of our stories has been blocked, but Bill felt he lost the independence that honest journalism requires.”
A spokesman for Paramount had no immediate comment, and has previously declined to comment on Mr. Owens’s departure.
Mr. Owens stunned the show’s staff on Tuesday when he said he would leave the highest-rated program in television news over disagreements with Paramount, CBS’s corporate parent, saying, “It’s clear the company is done with me.”
Mr. Owens’s comments were widely reported in the press last week. The show’s decision to repeat those grievances on-air may have exposed viewers to the serious tensions between “60 Minutes” and its corporate overseers for the first time.
Shari Redstone, the controlling shareholder of Paramount, has been intent on securing approval from the Trump administration for a multibillion-dollar sale of her media company to a studio run by the son of Larry Ellison, the tech billionaire.
President Trump sued CBS last year, claiming $10 billion in damages, in a case stemming from a “60 Minutes” interview with the 2024 Democratic presidential nominee, Kamala Harris, that Mr. Trump said was deceptively edited. Ms. Redstone has expressed her desire to settle Mr. Trump’s lawsuit, although legal experts have called the case far-fetched.
So that’s it for me today. I’m just trying to keep my head above water and my thoughts on calm, clear awareness. I hope you’re finding a way to cope with this mess. I try to tune out as much as possible, but my job is to teach folks about financial and economic policies, so I can only shut out so much. A friend of mine posted a picture of American NAZIs partying in the French Quarter and getting drinks from the Dungeon. The tattoos and the t-shirts said it all. What’s most disturbing about all of this is these folks are out of their hidey holes, and they don’t care who sees them and what they say. I’ll be out on Wednesday at a protest in front of the ICE offices here in the Central Business District. I need to do something, even just being with like-minded people.
“Wait, what?” John Buss, @johnbuss.bsky.social. @repeat1968
Good Day, Sky Dancers!
I’m still in that hazy period where I can’t believe it’s that dark, and I’m supposed to get up and function like it’s a normal day. Even my cats gave me a strange look since they know that morning kibble comes with the sunrise. Wasting the morning darkness is seriously cruel.
I admit I’m also in a hazy period as the US has been making history in ways I never thought possible. Sondheim’s great musical, which is referenced in the title, is my oldest daughter’s favorite. She endlessly listened to it, attended it, and played the Public TV version. It’s a good metaphor for what we’re going through. It’s a journey we must make to find something.
I’ll reference another song, but it’s from Paul Simon this time. “They’ve all gone to look for America.” You’re allowed to sing “Kathy, I’m lost” to me. My response is that I am, too. We’re in some kind of twilight but need more discovery. These days, a soundtrack is in demand.
This sad news is from The Guardian. It jolted me awake. “US added to international watchlist for rapid decline in civic freedoms. Civicus, an international non-profit, puts country alongside Democratic Republic of Congo, Italy, Pakistan and Serbia.” We may no longer be ‘the home of the free or the brave.’ Let me warm up here if I start referencing songs, I’m going to need to wake up a bit more so I can keep pitch.
The United States has been added to the Civicus Monitor Watchlist, which identifies countries that the global civil rights watchdog believes are currently experiencing a rapid decline in civic freedoms.
Civicus, an international non-profit organization dedicated to “strengthening citizen action and civil society around the world”, announced the inclusion of the US on the non-profit’s first watchlist of 2025 on Monday, alongside the Democratic Republic of the Congo, Italy, Pakistan and Serbia.
Mandeep Tiwana, co-secretary general of Civicus, said that the watchlist “looks at countries where we remain concerned about deteriorating civic space conditions, in relation to freedoms of peaceful assembly, association and expression”.
The selection process, the website states, incorporates insights and data from Civicus’s global network of research partners and data.
The decision to add the US to the first 2025 watchlist was made in response to what the group described as the “Trump administration’s assault on democratic norms and global cooperation”.
In the news release announcing the US’s addition, the organization cited recent actions taken by the Trump administration that they argue will likely “severely impact constitutional freedoms of peaceful assembly, expression, and association”.
Civicus described Trump’s actions since taking office as an “unparalleled attack on the rule of law” not seen “since the days of McCarthyism in the twentieth century”, stating that these moves erode the checks and balances essential to democracy.
“Restrictive executive orders, unjustifiable institutional cutbacks, and intimidation tactics through threatening pronouncements by senior officials in the administration are creating an atmosphere to chill democratic dissent, a cherished American ideal,” Tiwana said.
You may not have shared “An Evening with U.S. Supreme Court Justice Sonia Sotomayor” at the Knight Foundation event in Miami. I’d like to share some of her thoughts here this morning. The purpose of the visit was summarized thusly. “Civil institutions are the foundation of a thriving democracy.” This highlight is from The New York Times. “Sotomayor Says Presidents Are Not Monarchs and Must Obey Rulings. Speaking in general terms at a Florida college and not naming President Trump, the Supreme Court justice’s remarks took on potency in the current climate.” The reporter on this is Adam Litpek. The event happened on February 11th.
Justice Sonia Sotomayor, speaking at a Florida college on Tuesday, made pointed remarks about the limits of presidential power and her fear that government officials might flout court decisions.
“Our founders were hellbent on ensuring that we didn’t have a monarchy,” she said, “and the first way they thought of that was to give Congress the power of the purse.”
The justice made clear that she was speaking in general terms, but against the backdrop of President Trump’s blitz of executive orders to halt federal programs and the scores of legal challenges that followed, her comments took on a more telling cast.
In the first weeks of his new administration, Mr. Trump has argued that he is free to root out what he says is fraud and waste in the federal government even in the face of congressional commands to spend allocations. A federal judge ruled on Monday that the administration had defied his order to release billions in grant money.
A federal judge gave the Trump administration until Monday to pay several nonprofit groups and aid organizations affected by President Donald Trump’s broad freeze on foreign aid spending and his attempts to shut down the U.S. Agency for International Development (USAID), AP reports.
District Court Judge Amir Ali, who was appointed by President Joe Biden, issued the new deadline at the end of a four-hour hearing that came a day after the Supreme Court rejected the Trump administration’s emergency appeal asking it to stay one of Ali’s previous orders in the case.
The new deadline comes in a lawsuit filed by a global health group, an AIDS/HIV relief organization and a nonprofit journalism network challenging Trump’s day-one executive order to halt all foreign assistance for 90 days.
The total amount of aid kept from USAID contractors and grant recipients is around $2 billion, but Ali in his order limited payouts to only those organizations involved in the lawsuit. In the judge’s previous directives, he required the Trump administration to unfreeze all funding.
It’s unclear exactly how much money the administration will have to dispense by Monday. In a filing Friday, the plaintiffs said the government has yet to fulfill around 1,200 outstanding invoices totalling approximately $420 million for work already completed. The Trump administration said in a filing Thursday that it released around $70 million to the plaintiffs earlier this week.
So, we’re waiting. Will he do it? So, that’s my civics wandering today. I do want to discuss the economy. The amount of anxiety I feel about this should seriously be burning a lot more calories than it appears to be doing. Maybe it’s been offset by the Trulys and cookies. Who knows? So, Brian Beutler sums this situation up neatly in his blog Off Message. “Be Prepared. Trump is sabotaging the economy, but we shouldn’t assume public opinion will follow automatically.”
Donald Trump has done rapid, serious damage to the U.S. economy, and the MAGA elite knows it.
Saturated as the Trump movement is in fantasies and conspiracy theories, many of the people who manufacture myths for the Republican base do keep abreast of material reality. They fear being caught by surprise. They don’t feel any obligation to prepare for and mitigate risks on behalf of American citizens, but rather to generate storylines about looming crises that hold Trump personally harmless, or paint him as victim or hero.
In a recent New Republic article, the writer Greg Sargent documented the wave of panic washing over Fox News as its hosts and contributors reckon with the fact that Trump has already squandered his inheritance.
Treasury Secretary Scott Bessent admitted to CNBC that “this economy that we inherited” could be “starting to roll a bit.”
Even Trump himself seems to understand that headlines and indicators are about to turn south.
Which is to say: When they shit-talked the Biden economy throughout the 2024 campaign, they knew they were lying. They know that Joe Biden bequeathed Trump a strong economy, and they know Trump’s convulsive policy edicts (indiscriminate firings, indiscriminate tariff threats, the imposition and partial removal of actual tariffs, etc.) have already throttled growth and driven prices higher.
We may not see recession, we may not see inflation, we may not see the dreaded combination of the two. But we’ll be incredibly lucky to avoid all three.
And if any occur, we’re going to test the power of MAGA propaganda techniques. Can concerted lying convince enough people to deny the existence of economic hardship, or celebrate it, or blame it on Democrats, such that it doesn’t become a political drag on Trump?
For all the brain poison MAGA propagandists pump into our information environment, these early signs of discomfort suggest they know the truth of the matter. Which means they’re conscious of the coming deception: they’ll blame Biden and foreigners and liberals and Jews for causing economic pain, and circle their wagons around Trump, fully aware of their own lies.
Let’s take a look at that article from The New Republicwritten by Greg Sargent last week. “Fox News Suddenly Starts Panicking About Trump’s Economy: “Weakening!” Yes, they’re still blaming Joe Biden, but the talking heads at Fox are getting awfully nervous that President Trump might be on the verge of sending the economy into a tailspin.”
Fox News figures are willing to propagandize on President Trump’s behalf on pretty much every horror that he throws our way. Do Fox personalities back Trump when he sells out our allies in tandem with murderous tyrant Vladimir Putin? Yes, indeed. Do they support Trump when he tries to purge federal workers by the thousands to corruptly replace them with loyalists? Enthusiastically. Do they stick with Trump when he declares himself above the law, explicitly using the language of world-historical dictators to do so? Without reservations.
But it turns out there are limits. One topic Fox personalities are not quite as willing to run interference for Trump on is the economy. And with signs mounting that Trump’s economy is hitting the skids, they are beginning to sound the alarm.
It’s the latest indication that Trump’s political project is suddenly looking quite fragile. And it’s a sign that more dissent is coming.
On Fox News on Friday morning, host Maria Bartiromo practically shouted that “the jobs picture is weakening!” She tried to spin this somewhat positively, insisting investors are rallying because the weakening job market means the Federal Reserve will cut interest rates. But Bartiromo was blunt about the latest jobs report, which she pronounced “weaker than expected.”
That jobs report found that the economy created 151,000 jobs in February, which was slightly under expectations. This left some economists seeing a continued softening in the labor market and some news organizations discerning a “slowdown.”
Beyond this, the overall picture is darkening even more: This jobs report does not fully register the federal job losses unleashed by Elon Musk’s cuts via the so-called Department of Government Efficiency, which are expected to show up any day now. Trump’s tariffs are deeply spooking investors, and his sudden, temporary cancellation of many tariffs intended for Canadian and Mexican exports is only increasing the agitation. As a scalding New York Times assessment of Trump’s economy put it, the “sudden deterioration in the outlook is striking, because it is almost entirely the result of Mr. Trump’s policies.”
Yet what’s also striking is that Fox News figures are willing to go here—sort of, at least.
“I think the boom times are over,” Fox anchor Charles Payne declared Friday, implicitly admitting that the economy under Trump’s predecessor was a lot better. Payne pointed to declines in consumer spending, which he pronounced “scary.”
The problem is that they know that we will all hang out together. I’m not sure Republican Congress Critters know this, but let’s move on before I start singing, “You see, we piddle, twiddle, and resolve. Not one damn thing do we solve.” Noah Belatsky has this analysis in public notice as we creep closer to breaching the budget deadline. “MAGA’s Big Lie budget. Trump’s economic agenda is about fooling the American people.” It’s becoming evident that many people in the country need a civics and economics course. Those of us who have often had both are screaming from our rooftops. And yes, I’m a dismal scientist, and I wish I didn’t feel the need to depress you with all of this.
“In the near future I want to do what has not been done in 24 years — balance the federal budget, we’re gonna balance it,” Trump declaimed in his speech before a joint session of Congress last week.
Trump is obviously lying, as his spending and revenue proposals do not suggest he’s even attempting to make a good faith effort to balance the budget. Nor is this new. Republicans have for decades — at least since Reagan — mounted up massive deficits while claiming to put forward responsible budgets.
Political scientist Jonathan Bernstein refers to this as the GOP war on budgeting. Trump is expanding that war in an especially shameless fashion. Not only is he lying about his desire to cut deficits, he’s also obfuscating about his spending priorities and preferences — especially as they relate to Social Security and Medicaid.
The result is budgeting as Big Lie, as Republicans immiserate the public, give massive handouts to billionaires, jack up enormous deficits, and then pretend to be the party of compassion and fiscal responsibility.
Trump’s economic plans are incoherent and incomprehensible at least partially by design. The goal, by this longtime scam artist, is to bamboozle the American people and take their money.
Insulting your intelligence
Trump has said so much nonsense about the budget and priorities that it’s difficult to summarize. But the central contradiction is that he has said he wants to do three incompatible things:
1. Balance the budget
2. Extend the tax cuts from his first term
3. Keep Social Security, Medicare, and Medicaid fully funded
Doing all these simply isn’t possible. You can’t slash revenue by trillions, refuse to cut the biggest items in the budget, and eliminate the deficit. The numbers simply don’t add up.
Trump himself has tacitly admitted that his stated priorities are mutually contradictory. He’s endorsed the House budget framework, which extends his first term tax cuts. That plan raises the deficit by $2.8 trillion through 2034. In contrast, the Senate has proposed a balanced bill, putting votes on extending the tax cuts off until later. But, again, Trump prefers the House bill.
Consider donating to Public Notice and other independent news sources, given they’re far more valuable than most of our legacy media.
Ontario’s premier, the leader of Canada’s most populous province, announced that effective Monday it is charging 25% more for electricity to 1.5 million Americans in response to U.S. President Donald Trump’s trade war.
Ontario provides electricity to Minnesota, New York and Michigan.
“I will not hesitate to increase this charge. If the United State escalates, I will not hesitate to shut the electricity off completely,” Ontario Premier Doug Ford said at a news conference in Toronto.
“Believe me when I say I do not want to do this. I feel terrible for the American people who didn’t start this trade war. It’s one person who is responsible, it’s President Trump.”
Ford said Ontario’s tariff would remain in place despite the one-month reprieve from Trump, noting a one-month pause means nothing but more uncertainty. Quebec is also considering taking similar measures with electricity exports to the U.S.
Ford’s office said the new market rules require any generator selling electricity to the U.S. to add a 25% surcharge. Ontario’s government expects it to generate revenue of $300,000 Canadian dollars ($208,000) to CA$400,000 ($277,000) per day, “which will be used to support Ontario workers, families and businesses.”
The new surcharge is in addition to the federal government’s initial CA$30 billion ($21 billion) worth of retaliatory tariffs have been applied on items like American orange juice, peanut butter, coffee, appliances, footwear, cosmetics, motorcycles and certain pulp and paper products.
This will make an interesting case study in someone’s textbook. I may need to fire up the STATA and see what happens unless FARTUS and his merry band of poseurs soon suppress the GDP numbers. I wouldn’t put it past them, but I do believe some brave commerce department official will sneak them off to the Fed. Okay, this is too full of brilliant yellow prose for me to ignore. It comes via The Bulwarkand Jill Lawrence. “The Road from ‘Citizens United’ to Trump, Musk, and Corruption. A ‘naïve’ Supreme Court delivered lawless greed and cruelty. We’ll have to save ourselves, if we can.”
WHAT HAPPENS WHEN a greedy geezer with the most powerful job in the world cements himself to a greedy grabber who is the richest man in the world? You get Donald Trump, Elon Musk, and a superpower emeritus about ready to be stripped for parts.
Few foresaw this in 2010, when the Supreme Court launched us onto a dark path. The court’s 5–4 Citizens United decision, allowing unlimited corporate, interest-group, and individual spending on elections, did trigger dire predictions from plenty of doomsayers. But even the most pessimistic among them fell short of imagining American reality today.
“We knew that it was going to be really, really destructive for our democracy,” says Tiffany Muller, president of the group End Citizens United, which is dedicated to electing Democrats committed to seeing the ruling overturned. “Fifteen years after that decision, we’re seeing the full culmination of living under a Citizens United world—where it’s not just elections that are for sale, but it’s that our entire government, and the apparatus of our government, is up for sale.”
It’s hard to believe, but once upon a time there was bipartisan common ground on gun safety, health care, voting rights, climate change, and even limits on campaign funding. The Senate in 2006 voted 98–0 to reauthorize the Voting Rights Act, and George W. Bush signed the law. He also added a voluntary prescription benefit to Medicare, with help from Democrats in both chambers.
Bipartisan Senate pairs introduced major climate bills in 2003 and 2007, but their prospects faded amid opposition from the fossil-fuel industry. In 2010, a few months after Citizens United, a cap-and-trade tax designed to reduce carbon emissions passed the House in a landmark vote, but it fell short in the Senate. Democrats had 59 seats and needed just one Republican vote to advance the bill—and they couldn’t get it.
The oil and gas sector now floods the election zone with over six times as much cash as it spent in the 2010 cycle. And it has amassed all the clout you’d expect as contributions have skyrocketed—from defeating a carbon tax–friendly House Republican in 2010 to helping to elect Trump last year.
When Citizens United turned ten, in 2020, the political money-tracker Open Secrets reported on what the ruling had wrought. Super PACs—the non-party committees created to legally raise cash in unlimited amounts to independently promote issues and candidates—spent $4.5 billion over the decade (up from $750 million over the previous twenty years).
The major players of the new era, it turned out, were not corporations. They were millionaires and billionaires. “The 10 most generous donors and their spouses injected $1.2 billion into federal elections over the last decade,” Open Secrets found.
It’s a good read full of good sources. I highly recommend it.
My social security check got deposited today! It’s something I now fret about and didn’t before. Off to pay the mortgage and such. You have a very good week. Escape with whatever takes the anxiety off of the 11 setting! Sorry, I plagued you my musicisms today. We all have to cope somehow!
What’s on your Reading and Blogging list today?
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“EEK!” John Buss, @repeat1968, @johnbuss.bsky.social
Good Day, Sky Dancers!
Backpfeifengesicht is the German word for “a face worthy of being slapped.” That might be the most usable word in the dark timeline, which is the second term of #FARTUS (Felon, Adjudicated Rapist, Traitor of the United States). JJ found this sweet article at The Guardian and shared it with BB and me this morning. It’s an Op-Ed written by Marina Hyde about JD Vance, but it could apply to any subhuman of the modern MAGA movement. “There are 1,000 grotesque memes of JD Vance – and they’re all more likable than the real thing. Angry, rude and addicted to web troll-ery, the vice-president has the Make America Awful Again portfolio. Seems a perfect fit.” Ayup.
You may well be aware that Backpfeifengesicht is the German word for a face that is worthy of being slapped. Even so, how has this not been internationalised? Or at the very least Americanised, where its dictionary definition would presumably be adorned by a picture of the face of US vice-president JD Vance – already faultlessly playing the role of worst American at your hotel. You can immediately picture him at breakfast, can’t you? Every single other guest on the terrace with their shoulders up round their ears, just thinking: “Where is he now? How unbearable is he being NOW?” Next, imagine breakfast lasting four years.
I say the Backpfeifengesicht definition would be accompanied by JD Vance’s face … but then again, what is the face of JD Vance? The internet is awash with people suffering an acute case of not being able to remember it any more, having seen so many hideous comic distortions of Vance that those meme versions are not simply the only results on the first page of your own mental Google search, but stretch deep beyond the second and into the third. Somewhere on page four, where you might as well publish the nuclear codes or pictures of Taylor Swift giving cocaine to babies, is an unmodified snap of what JD Vance actually looks like. Or at least what he looks like with eyeliner.
Before you get there – and you don’t, really – your synaptic filing systems throw up every variety of Photoshopped Vancefake: swollen manboy, face wearing a Minion suit, a bearded egg … I’m hoping that sooner or later, an American news outlet will accidentally use a modified photo, because even the picture editor has forgotten what the vice-president looks like, and then we can have one of those massively self-regarding legacy media-blow-ups, where the entire staff has to resign after a remorseless investigation by the executive editor reveals Vance isn’t actually a big purple grape. “This is a stain on our newspaper’s history. A big purple stain.”
Vance is more meme than man, now, and it is, of course, something of a consolation that he is so extremely online that he can’t help but have noticed this. The VP is like a one-man government troll-feeding programme – please don’t cut him, Elon! – which is probably why people have become so heroically committed to taking the piss. The probability of the vice-president seeing you insulting him is basically one.
Just as previous holders of his office like Teddy Roosevelt and Richard Nixon once did, Vance spent a notable amount of this week both denying he suggested Britain and France were random countries that hadn’t fought a war in 40 years, and replying to random X posters called things like “Jeff Computers” to counter the suggestion that he wasn’t loved and feted on his recent skiing holiday.
While JJ found that amusing read today. BB brought home the rancid bacon. This is an op-ed by Brett Wagner in The San Francisco Chronicle today. “Is Trump preparing to invoke the Insurrection Act? Signs are pointing that way. A joint Department of Defense and Homeland Security report will soon recommend whether or not to invoke the Insurrection Act over illegal migration.”
The clock is ticking down on a crucial but little-noticed part of President Donald Trump’s first round of executive orders — the one tasking the secretaries of the Department of Defense and Department of Homeland Security to submit a joint report, within 90 days, recommending “whether to invoke the Insurrection Act.”
Many of us are now holding our collective breath, knowing that the report and what it contains could put us on the slippery slope toward unchecked presidential power under a man with an affinity for ironfisted dictators.
Adding to the suspense was the recent “Friday Night Massacre” at the Pentagon — the firing of the nation’s top uniformed officer and removing other perceived guardrails (i.e., the top uniformed lawyers at the Army, Navy and Air Force) standing between the president and his long-stated intention to declare martial law upon returning to power.
Coincidence?
As we wait to find out, this would be a good time to take a closer look.
Say, for example, that Trump were to invoke the Insurrection Act and declare martial law. He wouldn’t even be required, by the letter of the law, to allege an “insurrection.” All that would be required is to assert that “unlawful obstruction” has made it “impracticable to enforce the laws of the United States” (as President Dwight D. Eisenhower did when he ordered the Arkansas National Guard to enforce the desegregation of Little Rock, Ark., schools).
This is where all the false claims and outright lies Trump and his political allies have been pushing will come into play: Trump falsely alleging, for example, that an entire city in Colorado has been taken over by Venezuelan street gangs, that a city in Ohio has been overrun by Haitian refugees who are eating all the cats and dogs, and other vague assertions that “millions and millions” of “illegals” are pouring into our country every week (or “day” depending on who’s telling the lie at the moment).
Each of these false claims and outright lies could be distilled, to declare martial law, into catchy phrases (beginning with the legalese word “Whereas”) to establish the legal premise for invoking the Insurrection Act, and to lay the predicate to begin going door-to-door, wherever they please, under the pretense of searching for undocumented immigrants who don’t exist.
I bring you the reality on the ground from Joy Reid on Threads. “This is inhumane, hideous and repugnant. If this is what MAGA America is, count me out. I’m ashamed that this is what our government is doing. Shame on them. Shame.” What it is is a 21-year-old girl with cancer who relies completely on her immigrant mother, who is in no way a criminal or bothering anyone. When protesters came to protest, they were arrested. How many laws and constitutional rights can this miserable administration break before they completely break all of us? This story comes from El Monte, California. You can read the hatred of the MAGA monsters in the threads below on YouTube. I’ve gotten to the point where I don’t want to leave the house and take a chance at seeing a FARTUS supporter in my neighborhood. I’m fine with all the immigrants, though. Everything they do makes my neighborhood a better place.
“I can’t even wake up properly… she helps me, she bathes me, she changes me, she makes my food.”Deportation didn’t protect anyone it only stole a mother from the child who needs her most-Blake Coronadowww.threads.net/@blakecorona…
The US Military and US Vets are under attack from this Administration. This cannot be denied. This is from the AP this morning. FARTUS has always had a thing against military service and those who fight for values that he seems to hate very much. “War heroes and military firsts are among 26,000 images flagged for removal in Pentagon’s DEI purge.” So much of this just comes as an attack against the diversity of our nation being represented in all of its institutions. But is that really it? Why the disappearance of all people of color, women, and the LGBTQ community? Are white cis men really that sensitive?
References to a World War II Medal of Honor recipient, the Enola Gay aircraft that dropped an atomic bomb on Japan and the first women to pass Marine infantry training are among the tens of thousands of photos and online posts marked for deletion as the Defense Department works to purge diversity, equity and inclusion content, according to a database obtained by The Associated Press.
The database, which was confirmed by U.S. officials and published by AP, includes more than 26,000 images that have been flagged for removal across every military branch. But the eventual total could be much higher.
One official, who spoke on condition of anonymity to provide details that have not been made public, said the purge could delete as many as 100,000 images or posts in total, when considering social media pages and other websites that are also being culled for DEI content. The official said it’s not clear if the database has been finalized.
Defense Secretary Pete Hegseth had given the military until Wednesday to remove content that highlights diversity efforts in its ranks following President Donald Trump’s executive order ending those programs across the federal government.
The vast majority of the Pentagon purge targets women and minorities, including notable milestones made in the military. And it also removes a large number of posts that mention various commemorative months — such as those for Black and Hispanic people and women.
Are they just trying to up their odds that one will be less likely to disrupt the plan when martial law is declared? Everything they’ve been doing shows their delight in being the worst kind of bullies. Just yesterday, they announced they will deport Ukrainians who fled to the US for safety. We are no longer a safe harbor. Not even close. Heather Cox Richardson discusses this in detail this morning in her Substack Letters from an American.
This morning, Ted Hesson and Kristina Cooke of Reuters reported that the Trump administration is preparing to deport the 240,000 Ukrainians who fled Russia’s attacks on Ukraine and have temporary legal status in the United States. Foreign affairs journalist Olga Nesterova reminded Americans that “these people had to be completely financially independent, pay tax, pay all fees (around $2K) and have an affidavit from an American person to even come here.”
“This has nothing to do with strategic necessity or geopolitics,” Russia specialist Tom Nichols posted. “This is just cruelty to show [Russian president Vladimir] Putin he has a new American ally.”
The Trump administration’s turn away from traditional European alliances and toward Russia will have profound effects on U.S. standing in the world. Edward Wong and Mark Mazzetti reported in the New York Times today that senior officials in the State Department are making plans to close a dozen consulates, mostly in Western Europe, including consulates in Florence, Italy; Strasbourg, France; Hamburg, Germany; and Ponta Delgada, Portugal, as well as a consulate in Brazil and another in Turkey.
In late February, Nahal Toosi reported in Politico that President Donald Trump wants to “radically shrink” the State Department and to change its mission from diplomacy and soft power initiatives that advance democracy and human rights to focusing on transactional agreements with other governments and promoting foreign investment in the U.S.
Elon Musk and the “Department of Government Efficiency” have taken on the process of cutting the State Department budget by as much as 20%, and cutting at least some of the department’s 80,000 employees. As part of that project, DOGE’s Edward Coristine, known publicly as “Big Balls,” is embedded at the State Department.
As the U.S. retreats from its engagement with the world, China has been working to forge greater ties. China now has more global diplomatic posts than the U.S. and plays a stronger role in international organizations. Already in 2025, about 700 employees, including 450 career diplomats, have resigned from the State Department, a number that normally would reflect a year’s resignations.
Shutting embassies will hamper not just the process of fostering goodwill, but also U.S. intelligence, as embassies house officers who monitor terrorism, infectious disease, trade, commerce, militaries, and government, including those from the intelligence community. U.S. intelligence has always been formidable, but the administration appears to be weakening it.
Trump, bitcoin, political cartoon
We’re being turned into part of the Trump Grift Mafia. Nothing will be left standing of any of the good we have done in the world. This is neocolonialism and neomercantilism. We’ve retreated to some of the worst historical ideologies ever. The most symbolic thing happened yesterday. The latest Space X project blew up in the sky and shut down many flights yesterday. “Breakup of SpaceX’s Starship Rocket Disrupts Florida Airports. The video showed the upper stage of the most powerful rocket ever built spinning out of control in space, a repeat of an unsuccessful test flight in January that led to debris falling over the Caribbean.” This is what we’re spending money for? Elonia is pushing his company to the brink of getting to Mars and looking down at the rest of us. The report is from The New York Times‘s Kenneth Chang.
Starship — the huge spacecraft that Elon Musk says will one day take people to Mars — failed during its latest test flight on Thursday when its upper stage exploded in space, raining debris and disrupting air traffic at airports from Florida to Pennsylvania.
It was the second consecutive test flight of the most powerful rocket ever built where the upper-stage spacecraft malfunctioned. It started spinning out of control after several engines went out and then lost contact with mission control.
Photographs and videos posted on the social media site X by users saying they were along the Florida coast showed the spacecraft breaking up. The falling debris disrupted flights at airports in Miami, Orlando, Palm Beach and Fort Lauderdale, and as far away as Philadelphia International Airport.
The Starship rocket system is the largest ever built. At 403 feet tall, it is nearly 100 feet taller than the Statue of Liberty atop its pedestal.
It has the most engines ever in a rocket booster: The Super Heavy booster is powered by 33 of SpaceX’s Raptor engines. As those engines lift Starship off the launchpad, they will generate 16 million pounds of thrust at full throttle.
The upper part, also called Starship or Ship for short, looks like a shiny rocket from science fiction movies of the 1950s, is made of stainless steel with large fins. This is the upper stage that will head toward orbit, and ultimately could carry people to the moon or even Mars.
The rocket lifted off a little after 6:30 p.m. Eastern time on Thursday from the SpaceX site known as Starbase at the southern tip of Texas near the city of Brownsville.
Starship’s mammoth booster again successfully returned to the launchpad, just as it had during the previous test flight. In the last half minute before the upper-stage engines were to shut off, several of them malfunctioned. Video from the rocket showed a tumbling view of Earth and space until it cut off.
Trump jokingly declared himself a sovereign last month, while his advisers distributed AI-generated photos of him wearing a crown and an ermine robe to celebrate his order to end congestion pricing in New York City. “He who saves his Country does not violate any Law,” he’d decreed a few days earlier, using a phrase sometimes attributed to Napoleon Bonaparte, the emperor of the French.
I had no idea one of my greats who signed the Declaration had made of the copies of it. But the weird thing here is that Trump seriously wants the document to hang in the Oval Office. My question is, why take it from the people who can see it in the archives?
Since returning to power, Trump has moved quickly to redesign his working space. He has announced plans to pave over the Rose Garden to make it more like the patio at his private Mar-a-Lago club, as well as easier to host events with women wearing heels. He has also revived planning for a new ballroom on the White House grounds. “It keeps my real-estate juices flowing,” Trump explained in a recent interview with The Spectator.
Golden trophies now line the Oval Office’s mantlepiece. Military flags adorned with campaign streamers have returned. And portraits of presidents past now climb the walls—George Washington, Thomas Jefferson, John Adams, Martin Van Buren, Theodore Roosevelt, Franklin D. Roosevelt, and Ronald Reagan, among others. Gilded mirrors hang upon the recessed doors. A framed copy of his Georgia mug shot appears in the outside hallway. And the bright-red valet button, encased in a wooden box, is back on the desk.
In addition to the National Archives’ original Declaration, the government has in its possession other versions of the document. The collection includes drafts by Jefferson and copies of contemporaneous reprintings, known as broadsides, that were distributed among the colonies.
Alarmed by the deterioration of the original Declaration in the 1820s, Secretary of State John Quincy Adams commissioned William J. Stone to create an engraving of it with the signatures appended. That version forms the basis of the document since reproduced in school history books—the one with which most Americans are familiar. Adams tasked Stone with engraving 200 copies—but in what passes for a mini 19th-century scandal, Stone made an extra facsimile to keep for himself, the documents dealer and expert Seth Kaller told us.
Many of those Stone copies of the document have now been lost; roughly 50 are known to survive, Kaller said. The White House already has in its archives at least one of the Stone printings. Kaller told us that one of his clients who had recently purchased a Stone facsimile was visiting the White House when President Barack Obama asked him whether he could help procure a Stone printing for the White House.
“The client called me, and I said, ‘I can’t—because, one, there aren’t any others on the market right now, and two, the White House already has one,’” Kaller told us. In 2014, Kaller visited the White House to view the Stone Declaration, which the curator displayed for him in one of the West Wing’s rooms. (The White House curator’s office did not respond to multiple requests for comment, including on whether the Stone copy still resides under its purview.)
It is unclear where Trump first got the idea to add a Declaration to the Oval Office’s decor. Since returning, Trump has shown interest in the planning for celebrations next year of the 250th anniversary of the document’s signing. Days after taking office, he issued an executive order to create “Task Force 250,” a White House commission that will work with another congressionally formed commission to plan the festivities.
I hope he’s not trying to go with one of those grandiose military parades again. And if he does, will he eliminate everyone but the white guys? It can’t be anything other than another way for him to get attention, that’s for sure. Again, this all continues to be an appalling cosplay of how FARTUS wants to view himself in relation to his imagined ideas of American History. I can’t even with the economy today. Just know he’s changed his mind on tariffs again for Canada and Mexico, and employment figures are worsening. He’s turned a strong economy into a weak one in a matter of weeks. He’s also shaken the Equity markets to their core. What’s on is this: “Trump’s “Crypto Reserve” is a world historical grift. Corruption doesn’t get much more blatant than this.” My Finance Daughter and I both find crypto to be a huge Ponzi scheme. I lecture against it. She doesn’t consider it a product that brokers should be involved in. In short, we stay as far away as possible. But, you know, grifters gotta grift. This is from Public Notice.
Authoritarian regimes by definition have no accountability to voters or the public. That means autocrats and their cronies can gorge themselves at the public trough and blatantly steal from taxpayers with few if any consequences.
It’s not really a surprise, then, that as part of his authoritarian power grab, Trump has embraced brazen and open self-dealing. The most ludicrous example of this is the scheme he announced last Sunday for a national crypto reserve.
As with many of Trump’s big orange dreams, it’s not exactly clear what the crypto reserve will entail or how it will work. But the brilliance of the half-baked idea is that Trump and his cronies can make bank just by talking about it. The president can use his bully pulpit to manipulate markets. And who’s going to stop him?
Trump, fresh off avoiding 88 felony charges, obviously feels confident that the answer is “no one.”
Government on the blockchain
Crypto refers to digital currencies which are generated and stored in a digital ledger, or blockchain. In theory, cryptocurrencies do not rely on a central government authority. Proponents say they are useful for quick or anonymous transactions. Critics point out that cryptocurrency seems designed for hiding illegal transactions and/or creating what are essentially Ponzi investment schemes.
Because of the downsides, President Biden created moderate guidelines to try to regulate some of the worst excesses of the industry, which made him an enemy of hardcore crypto boosters. But Trump in his first term expressed even deeper skepticism about cryptocurrencies, saying they are based on “thin air.”
During the 2024 election, though, crypto investors spent tens of millions on Republican campaigns. Trump, who never saw a quid pro quo he didn’t love, changed his tune, embracing crypto-friendly policies. After his victory, he followed through by appointing venture capitalist and Elon Musk crony David Sacks as a White House crypto czar.
Another reason Trump flip-flopped on crypto is that his family figured out how to cash in. Following the election, Trump squandered some of the goodwill he had built up with the crypto industry when he and his wife Melania launched memecoins — essentially valueless crypto confidence games — that both surged in value, making the Trumps billions (but undermining the credibility of crypto in the process). That came after his two adult sons, Eric and Don Jr, launched their own crypto company during the campaign called World Liberty Financial. Boosting crypto as president, then, allows Trump and his family to profit directly from his public office.
Trump announced his thank you to the industry last Sunday, when he declared that he would create a “Crypto Strategic Reserve” in order to make the US “the Crypto Capital of the World.” He of course claimed the move is part of “MAKING AMERICA GREAT AGAIN.”
But the actual point of the crypto reserve, much less the details, are sketchy at best. Proponents argue crypto is a store of value, like gold, and could help damp inflation. But the major cryptocurrencies tend to rise and fall in value based on broader macroeconomic sentiment. And since crypto is volatile and, unlike gold, has no intrinsic value, it’s hard to credit its usefulness as a currency stabilizer.
If you have any questions about any of this, I’d be glad to try to answer them. Seeing such craziness in our economic policy has been hard on me. I’m just waiting for the major attack on the Federal Reserve Bank. They’re the only ones that bring credibility to the dollar these days, and I’m afraid he’ll have a go at them. The mess at the Treasury is already impacting the banking business. Don’t even get me started on the Budget Crisis, either. I’m tired of the repeats of that one by disingenuous Republicans.
I hope all of you can close your doors and stay sane inside the one place you can control, home. I have a few more tests next week, so I will be out at clinics again, being poked and prodded. This weekend, I will just relax and try to avoid the ever-changing Trump Surreality Show.
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“Honorable Douche Member.” John Buss, @repeat1968, @johnbuss.bsky.social
Good Day, Sky Dancers!
Once again, the transformation of American democracy into a theocratic fascist state–which once was unimaginable–is shaking global confidence. The closing argument came Friday when #FARTUS and JDank tried to shake down Ukraine’s President like a classic Mafia Don. The US is no longer the leader of the free world. We are becoming the lap dog of evil men.
It was further announced that the dollar will no longer be the world’s currency as the Bad Men of faithless investments are rolling back protections and trying to install the Ponzi scheme of the century–cryptocurrency–as something it can never be. This dodgy investment does not meet any of the criteria that define money. It cannot be used as a universal means of exchange. It has no role as a store of value. Indeed, it is quite a risky gamble. It does not represent a measure of exchange. Help us, Federal Reserve Board of Governors! You may be the only chance because the Treasury’s Rules and Regulations, which were based on stopping another Great Depression, are being dismantled even as we speak.
William Kristol, Andre Egger, and Sam Stein had this headline atThe Bulwarkthat rang true to me this morning. “What a Weekend for Putin! It’s been a long time since the Russian dictator had it this good.” All enemies of the USA and democracy had a good week. All those with greed as a defining characteristic are likely celebrating. I’m certainly glad I moved my 403(B) money to the Eurozone. They were slow coming off COVID-19, but they’re getting stronger while we are getting economically, militarily, and democratically weaker by the drop of every grain of sand.
It was a hell of a weekend for bad men getting what they paid for out of Donald Trump. And while we’ll focus on Vladimir Putin here, we don’t want to fully ignore venture capitalist David Sacks, Donald Trump’s “crypto czar,” who seemingly stands to make bank following Trump’s weekend announcement of a “strategic cryptocurrency reserve.” Hey, we’re glad someone’s having fun. Happy Monday.
Helluva Weekend doesn’t even cover the outrage heard around the country. However, it appears it’s getting a little late in the game to shut down this offensive move on the American Experiment. Just seeing the polling and the angry constituents all over the country over the Zelinsky Shake Down should’ve lit a fire under the proud party of Chicken Hawks. It didn’t. We have more evidence of chickens than hawks. This is also part of The Bulwark’s Monday Money Quarter-backing.
SEE ROGER RUN: How to cope with all the grisly news? One increasingly common strategy: Blowing off some steam by yelling at your Republican lawmaker.
On Saturday, Kansas Sen. Roger Marshall became the latest victim of this hot new trend at an overstuffed town hall in the small town of Oakley (pop. ~2000). Attendees booed his arrival and rolled their eyes at his answers throughout the prickly hour-long event, while Marshall castigated them as “rude.” He suggested they’d fallen victim to “misinformation” about DOGE and ultimately cut the event short.
A possible opportunity for introspection for the senator? Apparently not. In a statement, Marshall’s office suggested the fix was in, the town hall “sabotaged” by “Democrat operatives.” “Real Kansans,” the statement continued, “overwhelmingly support President Trump’s DOGE initiative.”
It was true that some attendees had schlepped to the event from the Kansas City area to give Marshall a piece of their mind. But some of their concerns were plainly shared by locals. The last crowd comment came, according to local media, from local resident Chuck Nunn, who politely and sorrowfully mourned DOGE’s reckless slashing of veteran jobs. Identifying himself as “a dying breed, a conservative Democrat,” Nunn said he supported the mission of identifying waste in government—but that “the way that we are going about it is so wrong, because there are unintended consequences.”
“What the government is doing right now, as far as cutting out those jobs, a huge percentage of those people—and I know you care about the veterans—are veterans,” Nunn went on. “And that’s a damn shame. A damn shame.”
Acting like this sentiment is nothing but scurrilous left-wing astroturf may be comforting to Republicans. But it’s also remarkably short-sighted. There’s a reason “do right by our veterans” has long been a more or less universal tenet of our politics. Scoffing off that extremely normie critique of the DOGEbros is something Republicans do at their peril.
If you think that’s bad, check out the opinions of House Leader Mike Johnson. No Republican has been left out of this party. Heather Cox Richardson has another example of Mike Johnson’s inability to lead or take a stand for our country. He’s staked out the coward’s gavel. She wrote this yesterday in her Substack Letters From an American.
On Face the Nation this morning, Representative Mike Turner (R-OH), a strong supporter of the North Atlantic Treaty Organization (NATO) and Ukraine, contradicted that information. “Considering what I know, what Russia is currently doing against the United States, that would I’m certain not be an accurate statement of the current status of the United States operations,” he said. Well respected on both sides of the aisle, Turner was in line to be the chair of the House Intelligence Committee in this Congress until House speaker Mike Johnson (R-LA) removed him from that slot and from the intelligence committee altogether.
And yet, as Stephanie Kirchgaessner of The Guardian notes, the Trump administration has made clear that it no longer sees Russia as a cybersecurity threat. Last week, at a United Nations working group on cybersecurity, representatives from the European Union and the United Kingdom highlighted threats from Russia, while Liesyl Franz, the State Department’s deputy assistant secretary for international cybersecurity, did not mention Russia, saying the U.S. was concerned about threats from China and Iran.
Kirchgaessner also noted that under Trump, the Cybersecurity and Infrastructure Security Agency (CISA), which monitors cyberthreats against critical infrastructure, has set new priorities. Although Russian threats, especially those against U.S. election systems, were a top priority for the agency in the past, a source told Kirchgaessner that analysts were told not to follow or report on Russian threats.
“Russia and China are ourbiggest adversaries,” the source told Kirchgaessner. “With all the cuts being made to different agencies, a lot of cybersecurity personnel have been fired. Our systems are not going to be protected and our adversaries know this.” “People are saying Russia is winning,” the source said. “Putin is on the inside now.”
Another source noted that “There are dozens of discrete Russia state-sponsored hacker teams dedicated to either producing damage to US government, infrastructure and commercial interests or conducting information theft with a key goal of maintaining persistent access to computer systems.” “Russia is at least on par with China as the most significant cyber threat, the person added. Under those circumstances, the source said, ceasing to follow and report Russian threats is “truly shocking.”
Trump’s outburst in the Oval Office on Friday confirmed that Putin has been his partner in politics since at least 2016. “Putin went through a hell of a lot with me,” Trump said. “He went through a phony witch hunt where they used him and Russia… Russia, Russia, Russia—you ever hear of that deal?—that was a phony Hunter Biden, Joe Biden, scam. Hillary Clinton, shifty Adam Schiff, it was a Democrat scam. And he had to go through that. And he did go through it, and we didn’t end up in a war. And he went through it. He was accused of all that stuff. He had nothing to do with it. It came out of Hunter Biden’s bathroom.”
Putin went through a hell of a lot with Trump? It was an odd statement from a U.S. president, whose loyalty is supposed to be dedicated to the Constitution and the American people.
Jen Ruben writes this at The Contrarian. “It’s not Dickens—it’s the MAGA agenda. Taking food from children; healthcare from the informed.” The #FARTUS team has already destroyed our soft power with the end of USAID. Next up is Medicaid, Medicare, and Social Security. Get your gardens started now! Cruelty is the mission.
Given the scope of the MAGA assault on the foundations of our democracy, many Democrats, responsible media outlets, and concerned Americans have (understandably) been focused on its attempt to obliterate the rule of law, the separation of powers, and the First Amendment. But we should never lose track of the abject immorality that is part and parcel of an ideology based on vengeful victimhood, conspiracy-mongering, and repudiation of science.
From the outbreak of measles to stalling grants to the pursuit of cures for “diseases ranging from heart disease and cancer to Alzheimer’s and allergies” to renewing the starvation crisis in Sudan to devasting cuts at the Veterans Administration to dismissal of patriotic, highly-trained trans members of the armed services…we cannot miss this administration’s abject cruelty; its almost-boisterous disregard for human life and dignity.
House and Senate Republicans bear just as much responsibility as President in Name Only (PINO) Donald Trump and acting president Elon Musk for mutely going along with these actions. Moreover, we must view the House budget as yet another exercise in cruelty and reckless endangerment of human life.
“Trump and Musk have slashed roughly 2,400 VA jobs…A decision that won’t make things more efficient, like they claimed, but will actually lead to longer wait times, more backlog and more chaos for Veterans,” Senator Tammy Duckworth (D-Illinois.) recently said at a virtual town hall. “They’ve also launched a wider purge of federal workers—firing, in total, an estimated 6,000 Veterans, includingthe folks behind the Veterans Crisis Line.” She emphasized, “The only reason they are doing this is to try to find enough loose change behind the couch cushions so that they can give even bigger tax breaks to the rich guys they pal around with on the golf course.”
Breaking the sacred obligation to care for our veterans is only one aspect of the onslaught. Perhaps the most egregious is the plan to slash $880B from Medicaid. The argument that cuts of that magnitude can be achieved by “reform” or by cutting “waste, fraud, and abuse,” frankly, insults our intelligence.
The impact of such cuts is immense given the reach of Medicaid. The Kaiser Family Foundation notes, “Medicaid is the primary program providing comprehensive health and long-term care to one in five people living in the U.S. and accounts for nearly $1 out of every $5 spent on health care.” Medicaid covers not only the poorest Americans, but seniors’ long-term health care, drug addicts, and the disabled. More than 72 million Americans are enrolled in some aspect of the program.
Whatever funds they’ve raised by the deaths and disposal of humanity, they will turn over to Greedy Billionaires and Businesses. However, the focus right now is still on #FARTUS upending World Order. This is from Vox’s Nicole Narea. “How Trump upended the world order, over one weekend A hectic 48 hours in Europe-Ukraine-US-Russia relations, explained.
A blowup at the White House on Friday proved a rude awakening for some of the US’s closest partners in Europe, and left them scrambling to contemplate a world in which they can no longer be sure that the US is a reliable ally in Russia’s war on Ukraine.
And though multiple leaders, from UK Prime Minister Keir Starmer to NATO leader Mark Rutte, insisted that they still view the US as an important partner, the meeting nevertheless seemed like it might mark the abrupt beginning of a new Western world order — one in which Europe stands alone.
The UK and France have led efforts in recent weeks to advance Ukraine’s cause and to convince Trump to keep Ukraine’s (and Europe’s) best interests in mind as he attempts to craft a ceasefire or peace deal in Russia’s years-long war on Ukraine.
Sunday, Starmer presided over a summit of more than a dozen mostly European leaders and announced that the attendees would form a “coalition of the willing” to defend Ukraine and strengthen Europe’s military capabilities.
“Not every nation will feel able to contribute but that can’t mean that we sit back,” Starmer said. “Instead, those willing will intensify planning now with real urgency.”
Starmer did emphasize, however, that many in the group, including the UK, believe lasting peace will not be possible without US support. And while Starmer said he had a productive conversation with Trump about Ukraine this weekend, it’s not clear that US support will materialize.
Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent.
The cost to build a crossover utility vehicle will rise by at least $4,000, while the increase would be three times that for an electric vehicle examined in a new study from Anderson Economic Group, an automotive consultant in East Lansing, Michigan. And those costs would likely be passed on to consumers, the study found.
“That kind of cost increase will lead directly — and I expect almost immediately — to a decline in sales of the models that have the biggest trade impacts,” Patrick Anderson, chief executive officer of Anderson Economic Group, said in an interview.
These are some more depressing headlines concerning our economy and prices.
From CNN: “Trump’s tariff chaos threatens an economy already flashing yellow lights.”
Layoffs are rising. Consumer spending — the backbone of the economy — unexpectedly dropped in January. Consumer confidence has plunged. A key GDP forecast suddenly turned negative. And extreme fear is back on Wall Street as stocks slide.
Despite the murky picture, President Donald Trump continues to inject chaos into the economy with almost-constant tariff threats.
Starting on Tuesday, Trump has vowed to impose a 25% tariff on imported goods from Mexico and Canada, and to double tariffs on those from China to 20%.
Those tariffs — if they get imposed — could increase costs for Americans at a time when inflation remains stubbornly high. That, in turn, could prevent the Federal Reserve from lowering borrowing costs, another source of pain in the cost-of-living problem confronting consumers.
Mexico and Canada have all vowed to retaliate by slapping their own tariffs on US goods, setting the stage for a potential trade war inside of North America. China has promised to respond to higher tariffs, too.
From the New York Times: “A Key Interest Rate Falls, but Not for the Reasons Trump Wanted. Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.” That’s our safe haven investment btw.
President Trump campaigned on a promise to bring down interest rates. And he has fulfilled that pledge in one key way, with U.S. government bond yields falling sharply.
But the reason for the drop is an unnerving one: Investors appear to be more on edge about the outlook for the economy.
Treasury Secretary Scott Bessent has said that the Trump administration considers the 10-year Treasury yield a benchmark of its success in lowering rates. The yield tracks the rate of interest the government pays to borrow from investors over 10 years and has dropped since mid-January, to around 4.2 percent from 4.8 percent. The decline in February was the steepest in several months.
The administration is targeting the 10-year yield because it underpins borrowing costs on mortgages, credit cards, corporate debt and a host of other rates, making it arguably the most important interest rate in the world. As it drops, that should filter through the economy, making many types of debt cheaper.
Unlike the short-term interest rate that is set by the Federal Reserve, the 10-year yield is a market rate, meaning that nobody has direct control over it. Instead, it reflects investors’ views on the economy, inflation, the government’s borrowing needs and changes the Fed may make to its rate in the years ahead.
That’s why the drop in February is troubling, analysts say. It shows, at least in part, that bond investors are growing gloomy about the economic outlook — and quickly.
“The market is pricing a growth scare,” said Blerina Uruci, chief U.S. economist at T. Rowe Price.
A better outcome would be for the declining 10-year yield to reflect slowing inflation, the prospect of more rate cuts by the Fed and a shrinking deficit that would require less government borrowing — all while the economy remains strong.
Instead, inflation expectations have risen this year amid worries that Mr. Trump’s tariff plans, alongside mass deportations, could reignite price increases throughout the economy. Stubborn inflation means the interest rates controlled by the Fed are likely to stay elevated for longer. Some analysts and investors fear that this could weigh on the economy until it cracks and the central bank is pushed into rapidly lowering rates.
So, if you can’t say you’re cutting all these things to end runaway government spending, try not reporting it. That might work, right? This is from the relentlessly brave AP. “The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts.” That way, no one, including economists, can possibly know what is happening. Let’s hope the Federal Reserve can remain independent and report US data if the Labor and Commerce Department can’t.
Commerce Secretary Howard Lutnick said Sunday that government spending could be separated from gross domestic product reports, in response to questions about whether the spending cuts pushed by Elon Musk’s Department of Government Efficiency could possibly cause an economic downturn.
“You know that governments historically have messed with GDP,” Lutnick said on Fox News Channel’s “Sunday Morning Futures.” “They count government spending as part of GDP. So I’m going to separate those two and make it transparent.”
Doing so could potentially complicate or distort a fundamental measure of the U.S. economy’s health. Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the government can impact the path of overall growth. GDP reports already include extensive details on government spending, offering a level of transparency for economists.
Musk’s efforts to downsize federal agencies could result in the layoffs of tens of thousands of federal workers, whose lost income could potentially reduce their spending, affecting businesses and the economy at large.
Yahoo Finance, a good place to stalk the markets, has this report on what’s going on as I write. “Stock market today: Dow, S&P 500, Nasdaq slide as Trump tariffs stalk markets.”
US stocks retreated on Monday as a looming deadline fueled uncertainty around President Donald Trump’s tariff plans and investors looked ahead to the monthly jobs report and key retail earnings.
The S&P 500 (^GSPC) fell 0.2% while the tech-heavy Nasdaq Composite (^IXIC) erased early morning gains to fall 0.4%, weighed down by shares of Nvidia (NVDA). The Dow Jones Industrial Average (^DJI) fell below the flat line, as the major US indexes came off a volatile week and a losing February.
Nvidia stock plummeted on Monday as reports surfaced that the tech giant’s AI chips are reaching China despite export controls.
Elsewhere, European leaders’ weekend effort to rally around Ukraine prompted traders to boost bets on a bump in defense spending in the region, lifting related stocks.
It’s a depressing time for us Dismal Scientists. It’s one thing to have something bad happen, like a black swan event, but to watch your own government tank a perfectly healthy economy is tough to watch. I’ve already dropped so many reads that I’m hitting a word count of 3600. I’ll give you a break while I go play a new little game I picked up. It’s a gorgeous little anime game where I’ve just reincarnated as a walking, talking Mushroom, and I can solve everyone’s problems! The bad guy is a fat real estate developer, and the place is inhabited by people with both human and furry animal traits. It’s my new sanctuary beside the Star Wars Series.
I’ve lived here in New Orleans for 30 years now, and this is the first Mardi Gras I’ve just sat out. Somewhat for health problems, as I took another little fall today while walking Temple, and I don’t see the neurologist until next week. It’s tough not trusting your legs. Also, there are MAGAs around town, and many of my friends have reported they’ve destroyed things in the yard and homes if they have any display of having voted for Kamala. This is on all the uptown routes. It’s all just really depressing.
So, you stay very safe, warm, and cozy as we continue this very dark year. XOXO
What’s on your reading and blogging list today?
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Just days after Trump returned to the White House, Instagram is censoring abortion content. This is what Aid Access' account looks like right now – posts about how to get abortion medication has been blurred out.
The Sky Dancing banner headline uses a snippet from a work by artist Tashi Mannox called 'Rainbow Study'. The work is described as a" study of typical Tibetan rainbow clouds, that feature in Thanka painting, temple decoration and silk brocades". dakinikat was immediately drawn to the image when trying to find stylized Tibetan Clouds to represent Sky Dancing. It is probably because Tashi's practice is similar to her own. His updated take on the clouds that fill the collection of traditional thankas is quite special.
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