You’ve heard of Elf on a Shelf… spotted at Mars-a-Lago. @johnbuss.bsky.social
Good Day, Sky Dancers!
Nothing like starting up the traditional Crassmass Season with the release of the Matt Gaetz Ethics Report. That ought to Deck your Halls! Here’s the CNN Headline. “House Ethics report finds evidence Matt Gaetz paid thousands for sex and drugs, including paying a 17-year-old for sex in 2017.” Nothing like being a Perv with a Special Purpose. It also looks pretty pathetic.
The House Ethics Committee found evidence that former Rep. Matt Gaetz paid tens of thousands of dollars to women for sex or drugs on at least 20 occasions, including paying a 17-year-old girl for sex in 2017, according to the panel’s report on the Florida Republican released Monday.
The committee concluded in its bombshell document that Gaetz violated Florida state laws, including the state’s statutory rape law, as the GOP-led panel chose to take the rare step of releasing a report about a former member who resigned from Congress.
“The Committee determined there is substantial evidence that Representative Gaetz violated House Rules and other standards of conduct prohibiting prostitution, statutory rape, illicit drug use, impermissible gifts, special favors or privileges, and obstruction of Congress,” panel investigators wrote.
The panel investigated transactions Gaetz personally made, often using PayPal or Venmo, to more than a dozen women during his time in Congress, according to the report. Investigators also focused on a 2018 trip to the Bahamas – which they said “violated the House gift rule” – during which he “engaged in sexual activity” with multiple women, including one who described the trip itself as “the payment” for sex on the trip. On the same trip, he also took ecstasy, one woman on the trip told the committee.
Earlier this month, the House Ethics Committee secretly voted to release its report after initially voting against doing so. The vote to put out the report – which was opposed by panel Chairman Michael Guest, a Mississippi Republican – was the culmination of a years-long probe into allegations surrounding Gaetz. He was President-elect Donald Trump’s first pick to be attorney general but dropped out amid opposition from GOP senators and after CNN reported key details of this same ethics report.
And it’s a political jolt that could have reverberations for years to come, as the Capitol Hill panel takes aim at a long-time Trump loyalist and now conservative anchor at One America Network.
Gaetz filed a civil complaint in federal court Monday morning unsuccessfully seeking to halt the release of the report, claiming he was not notified of the panel’s plans to release the report nor was he provided copies of the materials.
President Joe Biden on Monday announced that he is commuting the sentences of 37 of the 40 people on federal death row, converting their punishments to life imprisonment just weeks before President-elect Donald Trump, an outspoken proponent of expanding capital punishment, takes office.
The move spares the lives of people convicted in killings, including the slayings of police and military officers, people on federal land and those involved in deadly bank robberies or drug deals, as well as the killings of guards or prisoners in federal facilities.
Reaction to the president’s end-of-year act of clemency was strong, particularly among those who were victimized by Roof.
Michael Graham, whose sister Cynthia Hurd was killed by Roof, wants him to die for his crimes and was thankful Biden kept him on death row. He said Roof’s lack of remorse and simmering white nationalism in the U.S. means he is the kind of dangerous and evil person the death penalty is intended for.
“This was a crime against a race of people who were doing something all Americans do on a Wednesday night – go to Bible study,” Graham said. “It didn’t matter who was there, only that they were Black.”
So, the Soap Opera Drama “Daze of President-Eject Incontinentia Buttocks” continues to find the front page of the nation’s legacy media. This is from NBC News. “GOP congressman says it feels like Elon Musk is ‘our prime minister.’ Rep. Tony Gonzales, R-Texas, told CBS News on Sunday that he spoke to the tech billionaire multiple times during negotiations for the funding package. Does this mean we’re going to have a queen? Gonzales was on Meet the Press.
Rep. Tony Gonzales, R-Texas, on Sunday compared tech mogul Elon Musk to a “prime minister,” praising Musk for speaking out against an early version of a stopgap funding bill last week.
“It’s kind of interesting,” Gonzales said during an interview on CBS News’ “Face the Nation.” “We have a president, we have a vice president, we have a speaker. It feels like as if Elon Musk is our prime minister.”
Gonzales added that he spoke with Musk “a couple of times” during a chaotic week for House Republicans as GOP leadership scrambled to pull together a package to fund the government that would garner support from a majority of the House GOP caucus.
Gonzales voted against the final version of a continuing resolution that passed the House late Friday night and was later signed Saturday by President Joe Biden. The package funds the government at current levels through March 14 and includes a one-year farm bill and $100 billion in disaster aid.
Gonzales continued to praise Musk’s influence on the funding process, even as moderator Margaret Brennan pointed out that Musk has not been elected to any formal position in the U.S. government.
“Well, unelected, but, I mean, he has a voice, and I think a lot of —large part of that voice is a reflection of the voice of the people,” Gonzales said.
I have no idea how many people think Elon Musk reflects their lives, feelings, or voices. He’s a billionaire Buffon from a rich South African family of Apartheid enthusiasts. CNN reports that All he ever hears is Musk did that! Musk! Musk! Musk! And he’s getting close to not taking it anymore! “Trump bristles at Musk’s rocketing profile as Democrats play on the president-elect’s vanity.”
“No, he’s not taking the presidency,” Trump told conservative activists at a Turning Point USA event in Phoenix. The president-elect insisted he liked having smart people around and accused his opponents of launching “a new kick” after he suggested they tried to delegitimize his first term over “Russia, Russia, Russia.” Trump added: “No, he’s not going to be president, that I can tell you. And I’m safe, you know why? He can’t be — he wasn’t born in this country.”
Trump’s comments suggested at the very least that the constant coverage of Musk’s role has caught his eye and that he resents the idea that his new best friend is the power behind the throne. They will also stoke fresh speculation over how long the president-elect, who doesn’t normally like to share any spotlight, will tolerate Musk’s soaring profile — even if both men have huge incentives to continue a friendship that has seen the tech pioneer almost constantly at Trump’s side at Mar-a-Lago since the election.
The article continues with the new legacy media talking-point that “He’s seen as a hero to many Americans.” I guess I run in the wrong circles. Again, the consensus in my circle of friends and family is that he’s a buffoon and wouldn’t be anywhere if he hadn’t inherited money. The man only has a BA in Engineering. You can’t even get paid to build a model rocket with those credentials. He obviously just buys his brains in the labor market like the rest of them.
A 20-year-old woman in Collin County, Texas arrives at the emergency room to address severe bleeding. A health care provider tells the man she’s with that the woman had been nine weeks pregnant.
“The biological father of the unborn child, upon learning this information, concluded that the biological mother of the unborn child had intentionally withheld information from him regarding her pregnancy, and he further suspected that the biological mother had in fact done something to contribute to the miscarriage or abortion of the unborn child,” a lawsuit, filed earlier this month by Texas Attorney General Ken Paxton (R), reads. “The biological father, upon returning to the residence in Collin County, discovered the two above-referenced medications from Carpenter.”
The man, according to the suit, searched a house — the suit does not specify whether the woman or man or both live there — to find evidence that the woman, who had not told him about her pregnancy, had taken mifepristone and misoprostol. From there, and the suit does not detail how, Paxton’s office learned about this situation — the test case he’s been searching for to challenge blue-state abortion shield laws.
The Texan woman was prescribed the medication, the suit alleges, by New York Dr. Maggie Carpenter via telehealth. The state is now suing Carpenter for practicing medicine in Texas without a license.
Experts have been predicting these interjurisdictional clashes for years, ever since Dobbs fell. Many red states immediately enforced anti-abortion regimes, while blue states spun up shield laws to protect their resident patients and providers from those red states’ punishments. Many shield states, including New York, specifically protect abortion providers from out-of-state investigations and prosecutions.
Anti-abortion crusaders like Paxton have been itching for a test case like this one, to probe the murky legal questions around these state-on-state clashes. But he had to wait for a case to fall in his lap — in this case, like manyother abortion ones in Texas specifically, by way of a vengeful man eager to turn over his female partner.
“This case was not brought by a woman who said she was harmed, it was brought by a man who supposedly had sex with her and is trying to control what she does,” David Cohen, professor at Drexel University’s Thomas R. Kline law school, told TPM.
So, yeah, some guy I've never seen before who is sitting at a table across from us in a coffee shop just took it upon himself to (incorrectly) correct my daughter's pronunciation of a word. 2025 is going to be fun.
Mangione wore a white shirt under a maroon sweater and light colored pants in his arraignment before Manhattan Supreme Court Justice Gregory Carro.
Manhattan prosecutors last week unsealed an 11-count indictment against Mangione, charging him with a host of crimes connected to the Dec. 4 slaying.
The allegations include first-degree murder, an act of terrorism, criminal possession of a weapon and forgery for using a fake ID in the days before the murder.
Mangione pleaded not guilty to all charges during the short hearing, in which he conferred with defense lawyer Karen Agnifilo and prison consultant Craig Rothfeld, who works with defendants on confinement issues.
Mangione appeared to be fully engaged with his defense team on Monday as they signed various papers pertaining to the defendant’s current federal incarceration at the Metropolitan Detention Center in Brooklyn.
Carro ordered Mangione to remain in custody, in lieu of $1 bail.
That $1 bail set by Carro was a perfunctory act, since Mangione is being held in federal custody without bail, and has no realistic chance of freedom until trial.
I have questions about the ‘terrorism’ charges. How does killing one guy equate to something like the Mother Emmanuel shooting? Is it just because white CEO men all over the country feel they are targeted now for being in the persecuted minority group of assholes? I don’t get it. This is from PBS.
At a news conference announcing the state charges last Tuesday, Manhattan DA Alvin Bragg said the application of the terrorism law reflected the severity of a “frightening, well-planned, targeted murder that was intended to cause shock and attention and intimidation.”
“In its most basic terms, this was a killing that was intended to evoke terror,” he added. “And we’ve seen that reaction.”
Karen Friedman Agnifilo, an attorney for Mangione, has accused federal and state prosecutors of advancing conflicting legal theories. In federal court last week, she called their approach “very confusing” and “highly unusual.”
So, I start my winter break tomorrow and will enjoy having nothing on my schedule except my time. It’s cold here with temperatures we usually don’t see except for a few weeks in January, so I called my sister and asked her to ship any warm sweats, flannel pjs, and long-sleeve shirts she’s broken in and doesn’t use anymore. I hope it’s not like last year when we didn’t get snow, but it felt like it could hit us any moment for a few months. I’m also preparing for my debut as a member of the Crazy Cat Ladies of Bywater in the Krewe de Fou. It’s a new krewe, and we parade on January 31st. I’ll have to get my craft on. If the resident paw owners agree, I’m considering making Plaster of Paris Cat paw imprint necklaces. I’ll paint, glitter, and bead them up!
I hope this week goes well for you if you celebrate the normal holidays or not. The days after Winter Solstice are always good for peace, staying home, and reflection. I also like the eating part of the holiday season and spending time with the people I love. But my mind will be on Twelfth Night and King Cake by January 5th. That’s when the party gets started here, and the costuming is fun! So, you take care of yourselves, whatever plans you’ve made!
What’s on your reading and blogging list today?
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“Meanwhile, at Mars-a-Lago… Donold’s training pays off..” John Buss, @repeat1968,@johnbuss.bsky.social
Good Day, Sky Dancers!
With its tumultuous and ineffective leadership, the aptly named chaos caucus again plays a game of brinkmanship that risks American lives and the economy. I’m getting way too old for this kind of torment. The Republican-led Congress has completely forgotten its role in governance and its duties, ensuring the stability required for all the entities that rely on that and the rule of law to function. They only seem to air grievances and feed their raging ids. This year’s version comes with a dangerous twist. The prime chaos factor is the richest man on earth who was not elected or officially appointed to anything. His claim to fame is funding the Trump campaign and those of other Republican elected officials, and he has no clue about our system of government, our institutions, our Constitution, or, for that matter, anything. He’s also bugfuck crazy.
President Eject Incontinentia Buttocks is huddled down in Florida doing God knows what, and J Dank has gone missing. Milk cartons will soon have to show his picture and ask, “Have you seen this vice president?” Bayou Moses looks to be the next biggest loser of the House Speaker’s Gavel. The country looks like some twisted version of The Mouse That Roared. How are we to deal with a Cabal of Billionaires empowered by an angry crew of religious nuts, bigots, and know-nothings? They appear to own the house and the Supreme Court at the moment.
Meanwhile, back in the world of the same old shit, we get Mitch McConnell suddenly lecturing everyone and seemingly trying to protect the old magic ways of the US Senate. McConnell thinks he can swiftly change roles from Macbeth to King Lear. The Democratic Party is appointing the same old group that hasn’t been able to do anything to stop this to leadership positions. I cannot be the only one who doesn’t see any of this ending well.
So, how on earth did Elon Musk blow up a bipartisan deal on the budget? This is from Sam Stein writing at The Bulwark. “Elon Killed the Budget Deal. Cancer Research for Kids Was Collateral Damage. Advocates were celebrating the inclusion of money and provisions to help fund pediatric research. And then the tweets started.”
THE DECISION BY REPUBLICAN LEADERSHIP to scuttle a bipartisan funding deal on Thursday night has left lawmakers scrambling and others anxiously bracing for a government shutdown.
For a host of issue advocates, however, the prevailing mood in Washington, D.C. was one not of chaos but utter devastation.
The initial deal that congressional leaders had agreed to included a number of key priorities that, in the course of hours, were jettisoned by GOP leaders looking to calm Elon Musk’s pique and satisfy Donald Trump’s demands. And though the slimmed-down bill that Trump endorsed in its place failed to pass the House, few people expected that the initial deal would make a comeback—meaning that many of its components were likely gone for good.
The list of provisions left in the dust heap was lengthy. The initial compromise bill included language to ensure that providers of internet service to rural areas weren’t ripping off customers, to protect consumers from hidden hotel fees, to secure semiconductor supply chains, to restrict U.S. outbound investment in China, even to prohibit deepfake pornography. All those were all gone in the successor bill.
But some of the hardest cuts to swallow involved medical research. In particular, advocates say, the revised funding bill delivered a devastating blow to the fight against pediatric cancer.
The slimmed-down version was stripped of language that would have allowed children with relapsed cancer to undergo treatments with a combination of cancer drugs and therapies. (Currently the Food and Drug Administration is only authorized to direct pediatric cancer trials of single drugs.) The bill also didn’t include an extension of a program that gave financial lifelines, in the form of vouchers, to small pharmaceutical companies working on rare pediatric diseases. It was also missing earlier provisions that would have allowed for kids on Medicaid or CHIP—that is, poor children—to access medically complex care across state lines.
And, of course, Trump wants to ensure that there’s a two-year extension of the Debt Ceiling so that he can give away the Treasury to his Cabal and grift off the nation without having to take on the burden of once again landing the Federal Budget into record-setting red zones. He seriously believes that the voters will blame all these shenanigans on Biden, who is trying to Trump-proof things and get Federal judges appointed to the bench. Musk is on a rampage to replace the governments that once fought NAZIs with NAZIs all over the world and evidently has the money to attempt it. This is from New York Magazine. “Musk Pauses Torment of GOP to Praise German Extremists.” Nia Prater has the analysis.
Elon Musk has spent the better part of this week working to derail Congress’s attempt to fund the government, but he found time early Friday morning to express support for the politics of Alternative für Deutschland or Alternative for Germany, the country’s most prominent far-right political party.
“Only the AfD can save Germany,” Musk wrote on X early Friday morning.
The comment was in response to a video posted by Naomi Seibt, a German far-right activist, that criticized Friedrich Merz, the leader of the conservative party Christian Democratic Union of Germany. Recently, Merz has been leading in the polls to become the nation’s next chancellor next year. The caption for Seibt’s video read, “The presumptive next chancellor Friedrich Merz (CDU) is horrified by the idea that Germany should follow Elon Musk’s and Javier Milei’s example. He staunchly rejects a pro-freedom approach and refuses any discussion with the AfD.”
The AfD is a nationalist and anti-immigration party that has seen its popularity steadily grow over the last several years. In September, the party won its first state election, becoming the first far-right party to win an election in Germany since the Nazis, per CNN. AfD’s candidate in that race, Björn Höcke, is a controversial figure who has been fined for using a Nazi slogan and criticized for a speech many denounced as antisemitic.
Olaf Scholz, the current chancellor of Germany, was dismissive of Musk’s words when asked about them during an unrelated press conference with Estonian prime minister Kristen Michal on Friday. “We have freedom of speech, and that also applies to multibillionaires,” Scholz said, per Bloomberg. “But freedom of speech also means that you can say things that are not right and do not contain good political advice.”
This is not the first time that Musk has indicated support for AfD. Last year, The Guardian reported that Musk shared a pro-AfD post that criticized Germany funding charity groups that operate ships that rescued migrants, referring to the migrants as “illegal immigrants.”
“Let’s hope AfD wins the elections to stop this European suicide,” the post read.
Musk, who intends to play an starring role in Donald Trump’s second term, has similarly shown an affinity for other conservative leaders in Europe. He’s been pictured with Italian prime minister Giorgia Meloni and Nigel Farage, a British politician who leads the right-wing populist party Reform UK. In recent days, there’s been speculation that Musk might be considering a massive multimillion-dollar donation to Farage’s party, prompting worries among watchdog groups.
Musk has such a manic schedule, given he’s also trying to give parts of Ukraine to Putin, threatening to oust the Canadian PM, and blowing up the US economy today. Canadian TV had this headline last week. “Elon Musk calls Justin Trudeau ‘insufferable tool’ in new social media post.” Musk is channeling his inner Lex Luther!
Billionaire Elon Musk is calling Prime Minister Justin Trudeau “an insufferable tool” in a new social media post on Wednesday.
“Won’t be in power for much longer,” Musk also wrote about the prime minister on “X.”
Musk was responding to a video posted of Trudeau, in which the prime minister described Kamala Harris’ U.S. presidential loss as a setback for women’s progress.
“We were supposed to be on a steady, if difficult sometimes, march towards progress. And yet, just a few weeks ago, the United States voted for a second time to not elect its first woman president,” Trudeau said during a speech at the Equal Voice Foundation Gala in Ottawa on Tuesday night.
Trudeau also said women’s rights and women’s progress are “under attack overtly and subtly,” and that he “always will be a proud feminist.”
Musk, who is the CEO of Tesla and founder of space company SpaceX, has been tasked to co-chair U.S. president-elect Donald Trump’s new Department of Government Efficiency. He was also a prominent figure in Trump’s election campaign.
Wednesday’s post is Musk’s latest swipe at the prime minister since Trump was re-elected in November. Responding to a user on “X” on Nov. 7 asking for Musk’s help to get rid of Trudeau, Musk wrote “He will be gone in the upcoming election.”
Ontario Premier Doug Ford says he let Trudeau know his comments were “not helpful.”
Ford, who with the rest of Canada’s premiers, met with the prime minister and several of his cabinet ministers on Wednesday to discuss how Canada would respond to Trump’s tariff threats.
“Donald Trump was elected democratically,” Ford said, adding that the premiers made sure Trudeau “got the message loud and clear.”
Musk’s post also comes during a tense time in Canada-U.S. relations.
Trudeau has been facing social media jabs from Trump following the prime minister’s visit to Mar-a-Lago nearly two weeks ago to discuss Trump’s tariff threat. Last month, Trump threatened to impose a 25 per cent tariff on all Canadian imports on his first day in office unless Canada addresses his border security concerns.
Following that meeting, U.S. network Fox News reported Trump joked during the dinner in Florida that if the potential tariffs would harm the Canadian economy — as the prime minister conveyed to him — perhaps Canada should become America’s 51st state(opens in a new tab).
Days later, Trump posted an A.I.-generated image to social media that depicted him standing next to a Canadian flag(opens in a new tab) and overlooking a mountain range with the caption “Oh Canada!”
Evidently, since he managed to buy the US Presidency and dupe enough dolts into voting for the Dotard, he thinks he can do it with Canada and a good portion of Europe. He’s also being all kissy-face with the UK’s Nigel Farage. The AP characterizes all these shenanigans thusly. “Musk ascends as a political force beyond his wealth by tanking budget deal.” Is the legacy media going to sleep through all of this and cover it like mundane news? Thomas Beaumont has the analysis.
In the first major flex of his influence since Donald Trump was elected, Elon Musk brought to a sudden halt a bipartisan budget proposal by posting constantly on his X megaphone and threatening Republicans with primary challenges.
The social media warnings from the world’s wealthiest man preceded Trump’s condemnation of a measure negotiated by GOP House Speaker Mike Johnson, which effectively killed the stopgap measure that was designed to prevent a partial shutdown of the federal government.
Washington was scrambled a day after Musk’s public pressure campaign. Trump on Thursday first declined to say whether he had confidence in Johnson. But later in the day, Trump praised him and House leaders for producing “a very good Deal,” after they announced a new plan to fund the government and lift the debt ceiling.
Before the new deal was reached, Congressional Democrats mocked their GOP counterparts, with several suggesting Trump had been relegated to vice president.
“Welcome to the Elon Musk presidency,” Democratic Rep. Robert Garcia of California wrote on X.
What was clear, though, is Musk’s ascendance as a political force, a level of influence enabled by his great wealth. In addition to owning X, Musk is the CEO of Tesla and Space X.
Speaker Mike Johnson (R-La.) said he has a plan C to avert a shutdown and the House will vote Friday morning on the legislation — but Republicans indicated there is not yet widespread agreement.
“Yeah, yeah, we have a plan,” Johnson said Friday morning as he entered the Capitol. “We’re expecting votes this morning, so you all stay tuned. We’ve got a plan.”
He did not say what it entails. And lawmakers leaving meetings in Johnson’s office Friday morning indicated that there was not yet an agreement on a path forward.
“Anybody who’s telling you there’s an agreement is just a little bit ahead of themselves,” Rep. Dusty Johnson (R-S.D.), chair of the Republican Main Street Caucus, said as he left the Speaker’s office later Friday morning.
Lawmakers have little time to avoid a shutdown: Government funding runs out when the clock strikes midnight late Friday.
Sen. Markwayne Mullin (R-Okla.) said on CNBC on shortly after Johnson’s comments Friday morning that he thinks Washington will probably avoid a shutdown since “we’re pushed up against Christmas here,” saying a “clean” funding extension is likely.
“There’s a chance today a clean CR [continuing resolution], short-term clean CR — it may be for two, three weeks,” Mullin said. “That was something that was discussed, you know, late last night, you know, even some discussions this morning. I’m not going to say that’s going to happen, but you know, that’s really the option that’s on the table.”
Rep. Dan Goldman (D-N.Y.) on Thursday suggested Elon Musk is the one directing the Trump administration, not President-elect Trump, pointing to the tech entrepreneur’s leading position in opposing the government funding stopgap measure.
“Elon Musk has Donald Trump in a vise,” Goldman said on MSNBC on Thursday. “And it is very clear that Elon Musk is now calling the shots.”
Musk made several social media posts Wednesday criticizing the spending measure deal unveiled by House Republicans this week. He called the more than 1,500-page measure a big “piece of pork” while calling on GOP lawmakers to oppose it.
Trump later in the day also called for the bill to be dismissed, suggesting instead that Congress pass a clean continuing resolution with a debt hike increase. That proposal was rejected Thursday night, and Congress is now working on a plan C with less than 24 hours to go before the deadline.
“We need to face the reality: Right now, we have President Elon Musk. And Trump? Maybe he’s vice president, I guess,” Goldman said. “Vice presidents don’t do much, so that makes sense. He might be the chief of staff. I don’t know what you call him, but he is not calling the shots.”
Goldman is not the only Democrat saying Musk is the one calling the shots in the administration; a number of Democrats have made similar arguments, while the White House has said Trump and the GOP are doing the bidding of billionaires.
Meanwhile, the government is making plans for a shutdown. This is from the Washington Post.
House Republicans are discussing the latest plan from leadership to fund the government and avoid a shutdown before a midnight deadline. Several Republicans said the Rules Committee will meet to send two separate bills to the floor, which would need a simple majority to pass. They are: A clean extension of current fiscal levels until mid-March that includes an extension of a farm bill that requires reauthorization, and a $110 billion relief bill to help natural disaster survivors and aid farmers. Republicans had no plans for an immediate vote on suspending the debt limit, despite President-elect Donald Trump’s repeated demands. At the White House, press secretary Karine Jean-Pierre lashed out at Republicans who had agreed to a bipartisan deal and then abandoned it. “This is a mess that Speaker [Mike] Johnson created, that is his mess to fix,” she told reporters at the daily briefing, adding that there was “still time” for Republicans to “do the right thing.” The Office of Management and Budget alerted federal agencies Friday morning to prepare for an imminent government shutdown.
The budget fiasco isn’t the only thing threatening the US and the Global Economies. Trump is just not giving up on his ignorant view of tariffs. This is from CNBC. Trade negotiations are not subject to the art of the Deal. They are gamesmanship on an entirely different level. “‘Tariffs all the way’: Trump says European Union must buy U.S. oil and gas in trade ultimatum.” He thinks he looks like a tough guy, but anyone who knows about economic policy knows he just looks like an idiot.
Trump has made threats of sweeping tariffs on U.S. trading partners including China, Mexico and Canada a signature part of his presidential campaign — and he’s continued the narrative as he prepares to enter office, despite economists warning of risks to domestic inflation.
Analysts say there is high uncertainty over the extent of the tariffs Trump will be willing — or able — to follow through with, and how much of his rhetoric is a starting point for striking deals.
His latest comment comes after EU heads of state held their final meeting of the year on Thursday, during which the topic of Europe-U.S. relations was discussed.
“The message is clear: the European Union is committed to continue working with the United States, pragmatically, to strengthen transatlantic ties,” European Council President António Costa said following the meeting.
Enrico Letta, former prime minister of Italy and dean of the IE School of Politics, Economics and Global Affairs, told CNBC’s “Squawk Box Europe” on Friday that the EU needed to be prepared to retaliate to Trump’s threat.
“I think it is a transactional approach, we have to respond to this transactional approach. [Trump] mixes together energy and tariffs on goods, manufacturing and so on. I think it’s incorrect because the two topics are completely different,” Letta said.
“If the deal is proposed by Trump — such an asymmetric deal on topics that are not linked one to the other — I think we have to do the same.”
“Considering that the most asymmetric part is the relationship on the financial side, we have to start considering that maybe replying on the financial side could be a solution,” he said.
Ahead of the U.S. election in November, EU officials spent months preparing for a lurch toward U.S. protectionism and for a more confrontational relationship with the White House, in the event of a Trump victory. The EU has also made moves toward strengthening its relationship with the U.K., which left the bloc in 2020, as a guard against potential clashes over trade and defense.
It’s disturbing that many folks and the media are acting like Joe Biden is already out of the picture. However, Republican dysfunction could also deal the final blow to the Republican Party. Jeffries has control over his congress critters. It’s obvious Johnson doesn’t. You may remember that John Boehner threw up his arms and retired over the many chaotic factions. It hasn’t improved since then. Digby has an interesting view in her Salon column. “Elon Musk just killed Donald Trump’s honeymoon. We are seeing is an emerging crack in the GOP coalition.”
The activist base that had recently fashioned itself as the Tea Party after Obama’s election in 2008, quietly reinvented itself as the MAGA movement and lost all interest in fiscal austerity the minute Trump came on the scene. But there has always been some restiveness among the right-wing ideologues in the House and Senate who really want to massively cut discretionary spending and the so-called entitlements to the bone. They’re true believers in the idea that government should not help people, period. They were relegated to the back bench during Trump’s first term and spent most of their time tilting at windmills because Trump was happily spending like the treasury was his own credit line at Deutsche Bank.
He had no appetite for big spending cuts that might hurt his chances for re-election. After all, he didn’t run as a budget-cutting deficit hawk. He always claimed that he didn’t need to drastically cut spending because the debt would disappear with tariffs and unprecedented growth. He said the same thing during the 2024 campaign, insisting that it would even pay for government-funded child care, the worst of all possible worlds.
He pays lip service to cutting spending but he doesn’t really care about it. He’s told people he’s not worried about a U.S. debt crisis as he’ll be out of office by then. And he’s got stuff he wants to spend a lot of money on, like deporting millions of immigrants!
That’s never been clearer than this week when Speaker Mike Johnson, R-La., presented the bipartisan continuing resolution to fund the government until March and all hell broke loose in the House. Those rascally, backbench Tea Party/Freedom Caucus ideologues finally got the leader they’ve been waiting for and his name is Elon Musk, the richest man in the world.
It was a given that the Freedom Caucus gang would not vote for the bill. They vote no on everything. It had been negotiated by the bipartisan negotiators in both chambers with the knowledge that the Senate was still in Democratic hands and the tiny GOP majority in the House required a bipartisan compromise. Everyone knew that the screamers in the House would have a fit and call for Mike Johnson’s head (which is why they changed the rule raising the threshold from one member to nine.) And since the speaker knows better than to go to the john without getting Trump’s permission, you can be sure that Trump was kept informed of all of this. They all agreed that they would get rid of this hot potato, adjourn quickly and go home for the holidays.
That didn’t work out the way they planned it. Trump thought he had cleverly boxed Musk out of real power by creating a powerless “commission” for him and his sidekick Vivek Ramaswamy to come up with enormous spending cuts to reduce the federal government by as much as a third, which he knows won’t happen. However, Trump has essentially empowered Musk to speak for him by having him by his side every minute for the last three months. And seeing as he’s the richest man in the world who owns a major social media platform, he has plenty of power all on his own.
I have actually heard several talking heads think that Trump’s disinterest in the actual work for the job is worse this time around. The suggestions that he just ran for office to stay out of jail and that he would just be a figurehead may come to fruition. His dementia has worsened. He disappears from the public a lot. He doesn’t appear to have a craving for attention or energy. It may be that Doddering Don will be happy for everyone else to do his work as long as he can cuddle up to foreign dictators. I’m surprised Musk got this much press coverage and went rogue on the budget negotiations. The Donald that stalked Hillary wouldn’t have liked that.
But, who am I but a mostly retired economics professor who sometimes would just rather play the piano or guitar all day than think about this and have to unravel it for students.
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“So I’m guessing reducing everyone’s electric bill by half isn’t gonna happen either..” John Buss, @johnbuss.bsky.social
Good Day, Sky Dancing!
I wanted to start this morning with something very normal, American, and positive. Today, President Biden will designate a National Monument in Maine for the late great Secretary of Labor under FDR Francis Perkins. She was the first woman to serve as a Secretary in a President’s Cabinet. She inspired me since she played a major role in economic and labor policy during the Great Depression. She was appointed in 1933 and served 12 years. She should be known as the Mother of Social Security. Her role in implementing and determining policy during the New Deal programs cannot be underestimated. She has touched the lives of all of us even though she left office in 1945.
The Hill has an article up today about her tenure and the memorial today.
During Perkins’s tenure, the Labor Department oversaw Immigration and Naturalization Services, a role she used to aggressively lobby to admit larger numbers of Jewish refugees fleeing Nazi-occupied Europe.
Perkins was considered a stalwart ally of labor unions during her tenure, which included her counseling Roosevelt against breaking a 1934 waterfront strike that shut down much of the West Coast. She also refused to deport Australian-born longshoremen’s union head Harry Bridges for his membership in the Communist Party, which led the House Un-American Activities Committee to introduce an unsuccessful impeachment resolution against her.
Secretary of Labor Frances Perkins, arrives for a special meeting, September 16, 1938 Image: Library of Congress ID hec.25045
She claimed to have been radicalized after she witnessed the notorious Triangle Shirtwaist Factory fire in New York in 1911, in which 146 garment workers were burned or leaped to their deaths after they were locked inside for the workday.
The national monument will comprise the nearly 60 acres that were once Perkins’s family’s homestead in Newcastle, which her family has owned for nearly three centuries.
The designation comes after Biden earlier in March signed an executive order calling on the Interior Department to identify sites with significance in women’s history in America.
You may read the Biden announcement at this link to the White House. I found this journal article written about her by Harris Chaiklin, Ph.D. at VCU Libraries Social Welfare History Project. “Perkins, Frances, Change Agent in: Eras in Social Welfare History, Great Depression, People, Recollections. Frances Perkins: She Boldly Went Where No Woman Had Gone Before.” A wealthy daughter of a wealthy Boston family, she had the type of education that generally sent a woman to ‘spinsterhood.’ Her upbringing prepared her for her role, shaping some of the most strategic and important policies of the time. Fannie Perkins persisted. She eventually landed in Greenwich Village, where she became a mediator. Her friends included Sinclair Lewis and Robert Moses.
A transforming event occurred while she was having tea with a wealthy friend who lived in Washington Square. Word came that the Triangle Shirtwaist factory was on fire. They rushed to it. The horror they saw there helped forge in Frances a lifelong commitment to worker’s safety and rights. That she was with a wealthy friend is significant. Though not wealthy she knew this life style and associated with wealthy people. Good friends from this group provided a place for her to live at key points in her career when her earnings were not enough to meet her needs.
After the fire there was increasing activity in campaigning for worker’s rights and safety while the social work job continued. Once a social worker who lived in the settlement house with Frances asked for help in getting a teenage boy out of jail because he was supporting his family. Frances went to the Charity Organization Society which after a long investigation deemed him “unworthy.” A friend suggested she try the Tammany Hall in the client’s district. The problem was helped within 24 hours. Her lobbying activities also put her in contact with other machine politicians. She met and struck up a close relationship with Al Smith. Working together they succeeded in getting a bill passed that limited women to a 54 hour work week. It was a compromise and liberals attacked her for giving up too much to get it passed. She knew that without the compromise there would have been no bill and not even the limited protection this bill offered. The lessons in becoming a skilled politician were piling up. In the past she had looked down on politicians but now concluded, “…that venal politicians can sometimes be more useful than upstanding reformers (Downey, 2009,p. 39).” Understanding and accepting the value of working within the political order was one of the secrets of her success.
Her experiences in these activities taught her another valuable lesson. A politician told her that men trusted women who were motherly and not seductive sirens. Downey says, “She began to see her gender, a liability in many ways, could actually be an asset. To accentuate this opportunity to gain influence she began to dress and comport herself in a way that reminded men of their mothers, rather than doing what women usually like to do which is making themselves more physically attractive to men (Downey, 2009, p. 45). At this time she was 33 years old. Up to then the papers had characterized her as “perky” “pretty” “dimpled.” They now began to label her as “Mother Perkins” a name she disliked only a little less than being called “Ma Perkins.” Such was the price for shaping herself into a highly effective politician. In these activities Frances was aware of her limitations as a woman and avoided places where women did not usually go. She did her lobbying in hallways and not bars. This too became a lifelong skill. When people were brought together to work out differences she stayed in the background. Others often got credit for her greatest accomplishments. Who today identifies her as the moving force behind achieving Social Security?
Well, me. I know what it took to get that kind of great change written into law and policy. You may read more at the link.
And, unfortunately, we have the antithesis to her and the people she worked with and for today. This is from Mark Jacob’s writing on his blog Stop the Presses. “Here’s what we WON’T do when Trump takes over. We won’t shut up and give up – we’ll stand up and power up.” This is necessary since we have learned yet another big Media outlet has caved to President-Eject Incontinentia Buttocks. The brilliant suggestions continue past this bit.
As democracy defenders, we’re facing hard times when authoritarian Donald Trump takes office Jan. 20. But what will we do about it? For now, I’m focusing on what we won’t do:
We won’t shut up.
We won’t retreat from the news.
We won’t lose our ability to be outraged.
We won’t be duped by a fake “crisis” that serves as a pretext to send the military against American citizens and turn our country into a police state.
We won’t sit on our couch and watch protests on TV when we should be out protesting in front of the TV cameras.
We won’t tolerate abuse of women simply because the person who won the last presidential election is a sexual predator.
We won’t get exhausted. Instead, we’ll pace ourselves, find ways to relax and enjoy life, and be ready to go at the crucial moments.
We won’t accept the notion that “all politicians lie.” More politicians lie when the news media and public accept lying and thus make it advantageous to lie.
We won’t forget to be kind.
We won’t expect the New York Times, the Washington Post and the TV networks to wake up and seriously confront the threat of fascism when they didn’t do it before the election.
We won’t forget that Trump won by just 1.5 percentage points — not a mandate, and certainly not a statement that most Americans want to surrender their rights to him.
The little tomboy girl I was who wanted to do everything boys do and do it better is still in me. Not backing down. Nope. Not gonna do it. Wouldn’t be prudent at this juncture. This is from Lisa Needham at Public Notice. ABC was never a station we watched much as my Dad was a big fan of Huntley-Brinkley. Also, George Stephanopoulos has never been on my list to receive any news or advice. This disappoints me but doesn’t surprise me at all. “ABC bends the knee. Corporate media is surrendering already.” That’s exactly what a stumbling despot wants on his way to power. He wants control of the media. Wouldn’t want the truth sneaking out while you’ve got that propaganda thing going.
Since the election, plenty of the richest among us have rushed to curry favor with Donald Trump by showering him with cash.
Meta’s Mark Zuckerburg is giving Trump $1 million for his inauguration, as is OpenAI CEO Sam Altman, and Amazon, which will also stream the ceremony on Prime. But perhaps even more galling is ABC’s move to settle an absurd defamation lawsuit brought by Trump over George Stephanopoulos’s completely defensible on-air statement that Trump had been found liable for rape.
ABC will donate $15 million to Trump’s presidential library — a thing that has not yet been built and currently exists only as a website maintained by the National Archives. The network also agreed to pay $1 million toward Trump’s lawyer fees, continuing Trump’s streak of never paying for his own legal bills. And ABC and Stephanopoulos pledged to make a statement saying they “regret” the remarks.
It’s a bad omen for mainstream media coverage of Trump 2.0 and speaks to the importance of independent outlets that won’t be so easily intimidated.
Trump’s lawsuit rested on the incredibly flimsy argument that it defamed him to say he was found liable for the rape of E. Jean Carroll when he was actually found liable for forced digital penetration. But Stephanopoulos’s comments were consistent with how the presiding judge described the case.
So, since I seem to be going all economist on you these days, let me just say that I love Paul Krugman’s substack. I’m glad he left the New York Times, even though he really didn’t state a reason other than it was time. Here’s today’s offering at Krugman Wonks Out. “Crypto is for Criming. It’s not digital gold — it’s digital Benjamins.” You can write me down as a crypto hater. I will never know how this Ponzi scheme took root, but then I can’t explain the appeal of President-Eject Incontinentia Buttocks to me either. I have decided that some folks just want to be lied to if it feeds their raging ID and be told lies and sold a bill of goods just to think they may have something going for themselves and take a breather from their anger and resentment.
‘The tech bros who helped put Trump back in power expect many favors in return; one of the more interesting is their demand that the government intervene to guarantee crypto players the right to a checking account, stopping the “debanking” they claim has hit many of their friends.
The hypocrisy here is thick enough to cut with a knife. If you go back to the 2008 white paper by the pseudonymous Satoshi Nakamoto that gave rise to Bitcoin, its main argument was that we needed to replace checking accounts with blockchain-based payments because you can’t trust banks; crypto promoters also tend to preach libertarianism, touting crypto as a way to escape government tyranny. Now we have crypto boosters demanding that the evil government force the evil banks to let them have conventional checking accounts.
What’s going on here? Elon Musk, Marc Andreesen and others claim that there’s a deep state conspiracy to undermine crypto, because of course they do. But the real reason banks don’t want to be financially connected to crypto is that they believe, with good reason, that to the extent that cryptocurrencies are used for anything besides speculation, much of that activity is criminal — and they don’t want to be accused of acting as accessories.
You may take the Good Doctor’s Monetary Theory lecture at the link. I can’t believe Milton Friedman would have anything positive to say about this development at all. He wrote the book on money and was awarded a Nobel Prize in Economics. And I also am having a huge hissy over the potential targeting of the FDIC. I worked in banking. I’ve worked for the Fed. This is my bailiwick. My daughter, the finance guru, didn’t fall for crypto, so I must have done something right. Don’t fall for this, either! This is from Reuters. “Trump’s floated idea to shutter FDIC would be political heavy lift, say analysts.” Fannie Perkins would really be in the fray on this one. How could they forget the Great Recession? It started with financial overreach in the banking industry too. CEOs and their marketing execs are more interested in becoming bigger than running an effective business.
U.S. bank stocks were unfazed on Friday after a report that President-elect Donald Trump’s team had floated the idea of shrinking or eliminating a top banking regulator, with analysts saying such a plan would not win the necessary political backing.
In recent interviews with bank regulator candidates, Trump advisers have asked whether the incoming president could abolish the Federal Deposit Insurance Corp (FDIC) and move its deposit insurance function into the Treasury Department, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Officials from the newly founded Department of Government Efficiency (DOGE), which has been tasked with finding major government savings, participated in the interviews, the WSJ said.
However, while the current system comprising three federal and multiple state bank regulators is complex, a major restructure would struggle to garner the political support needed to get through Congress, which is also expected to be tied up on tax reform and crypto legislation next year, analysts and academics said.
“It would require congressional action and despite the Republican party majority in both the Senate and the House, it would require support from the Democrats which remains very unlikely,” ING sector strategist Marine Leleux wrote in a note.
Bank stocks were little changed on Friday.
The Trump transition team has been interviewing candidates for financial agency roles, including the bank regulators, in recent days, said two people with direct knowledge of the matter. DOGE officials have been involved in some of those interviews, one said
I cannot see Senator Elizabeth Warren being quiet about any of this. However, the ink of the press is focused on the man with the most responsibility for this mess. Senator Mitch McConnell is objecting a lot now that he’s an ineffective backbencher. Look, he doesn’t like Polio! He wants the vaccine still! Look, he’s got something to say about how wonderful the Bush years were because we tried and failed to bomb “American Exceptionalism” into the Middle East, but it’s good policy!. But just because we know better doesn’t mean Legacy Media does. This is from MSNBC and Steve Benen, which means I assume Rachel saw this, too. “Why Mitch McConnell’s latest clashes with Trump matter. Despite his recent partisan history, Mitch McConnell has thrown a lot of brushback pitches in Donald Trump’s direction lately.” WTAF?
It was hard not to wonder how Senate Minority Leader Mitch McConnell, a polio survivor, would respond to the news. As it turned out, we didn’t have to wait too long to find out.
In a statement to NBC News, the Kentucky Republican — who’ll soon step down from his GOP leadership post — didn’t mention Kennedy by name, but the longtime senator said anyone seeking a confirmation vote must be specific about their intentions related to the polio vaccine.
“Anyone seeking the Senate’s consent to serve in the incoming Administration would do well to steer clear of even the appearance of association with such efforts,” McConnell wrote. He added that “efforts to undermine public confidence in proven cures are not just uninformed — they’re dangerous.”
It was a notable brushback pitch from a key GOP official, but it was also part of a recent pattern: McConnell has thrown a lot of these pitches at Trump and his team lately.
In an interview with the Financial Times, published last week, McConnell warned about the dangers of isolationism, which he seemed to tie directly to his party’s incoming president. “We’re in a very, very dangerous world right now, reminiscent of before World War II,” the senator said, adding, “Even the slogan is the same. ‘America First’ — that was what they said in the ’30s.”
McConnell has a newly published essay in Foreign Affairs magazine, warning against the “right-wing flirtation with isolation and decline.” Referencing a signature phrase from Trump, the Kentucky Republican added, “America will not be made great again by those who simply want to manage its decline.”
The senator’s written piece echoed a speech he delivered earlier this month, rejecting his party’s isolationist wing.
In Congress last month, Matt Gaetz’s bid to become the next attorney general collapsed in the face of opposition from GOP senators. While there was no official tally on the scope of the Republican opposition to the former Florida congressman, The New York Times reported that McConnell was among those staunchly opposed to his prospective nomination.
When political observers take stock on Capitol Hill, looking for Republicans who might be a thorn in the president-elect’s side, they tend to focus on members such as Alaska’s Lisa Murkowski and Maine’s Susan Collins. But what if McConnell — who’s expected to retire at the end of his term, and who doesn’t appear to have anything to lose by standing up to Trump — unexpectedly joins the faction of Trump skeptics?
To be sure, it’d be a mistake to get one’s hopes up.
These folks are the heirs of Edward R. Murrow? Seriously? Let me just leave you with a quote from the guy that covered the NAZIs running rampant over Europe and didn’t mince words. Extra points if you know this was his sign-off!
Good Night and Good Luck!
“Surely we shall pay for using this most powerful instrument of communications to insulate the citizenry from the hard and demanding realities that must be faced if we are to survive”
Edward R. Murrow
So here I am at the keyboard, your nerdy friend. We don’t have the same number of folks reading us that we used to back in the day when we were one of the top 25 Political Blogs. But we’re here, and we’re still fearless. It is actually nice to see the country’s public intellectuals doing the Old School Blog thing these days on Substack. Throw them some bling if you can! I started out on Fire Dog Lake way back in the day. I know BB was at The Daily Kos until the anti-Hillary stuff flared. We’re here because we don’t like one-sided stories. We like to find the facts.
We’ve had terrible technical trouble with WordPress since they seem to have turned something that can’t figure out how to let people comment. Half the time, I can’t even comment on my posts here. I have to dive behind the front page to the dashboard. But, you know what … there’s a lot of stuff here from many people, and it’s still in the files. It’s been very close to 20 years now, too. I’m unsure how to get it to any place safer now. So, we’re here. We won’t shut up. We’re a Refuge.
I have one more thing to share with you. It’s important. Please read it. This is the Methodist church I want to remember. It’s also a story I’m familiar with. Our neighbors from south of our border were here helping us clean up after Katrina when everyone else wasn’t. I still want a taco truck on every corner, and we’re a lot closer to that down here in New Orleans than we used to be. It just occurred to me that I likely wrote a lesson plan for my high school students when I was in my 20s, and my heart was an open book. I actually taught civics then. Can you believe it? This story is important.
In a world full of Kari Lakes, be a Francis Perkins. In a world full of George Stephanopoulos, be an Edward Murrow.
My church kept ICE from deporting our neighbor Jose. The Bible told us so.President-elect Donald Trump has plans to end a policy that generally restricts ICE from arresting undocumented people at or near so-called sensitive locations. http://www.msnbc.com/opinion/msnb…
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.
You can find his work at his website by clicking on his logo below. He is also a calligraphy artist that uses important vajrayana syllables. We encourage you to visit his on line studio.
Nothing says Family Values Republican like a police report for out-of-wedlock perviness! 
So, the Soap Opera Drama “Daze of President-Eject Incontinentia Buttocks” continues to find the front page of the nation’s legacy media. 
I have no idea how many people think Elon Musk reflects their lives, feelings, or voices. He’s a billionaire Buffon from a rich South African family of Apartheid enthusiasts. CNN reports that All he ever hears is Musk did that! Musk! Musk! Musk! And he’s getting close to not taking it anymore!
The article continues with the new legacy media talking-point that “He’s seen as a hero to many Americans.” I guess I run in the wrong circles. Again, the consensus in my circle of friends and family is that he’s a buffoon and wouldn’t be anywhere if he hadn’t inherited money. The man only has a BA in Engineering. You can’t even get paid to build a model rocket with those credentials. He obviously just buys his brains in the labor market like the rest of them.
Has anyone done a study on these cis men who think they rule women’s lives and minds yet? Another privileged white guy is testing the theory about who exactly can get away with murder. This is from NBC News.
I have questions about the ‘terrorism’ charges. How does killing one guy equate to something like the Mother Emmanuel shooting? Is it just because white CEO men all over the country feel they are targeted now for being in the persecuted minority group of assholes? I don’t get it. 
So, how on earth did Elon Musk blow up a bipartisan deal on the budget? This is from Sam Stein writing at 
And, of course, Trump wants to ensure that there’s a two-year extension of the Debt Ceiling so that he can give away the Treasury to his Cabal and grift off the nation without having to take on the burden of once again landing the Federal Budget into record-setting red zones. He seriously believes that the voters will blame all these shenanigans on Biden, who is trying to Trump-proof things and get Federal judges appointed to the bench. Musk is on a rampage to replace the governments that once fought NAZIs with NAZIs all over the world and evidently has the money to attempt it. 
Musk has such a manic schedule, given he’s also trying to give parts of Ukraine to 
Evidently, since he managed to buy the US Presidency and dupe enough dolts into voting for the Dotard, he thinks he can do it with Canada and a good portion of Europe. He’s 
Since the Supreme Court decided Citizens United, unelected billionaires have bought Supreme Court Decisions and Justices. 
This is the usual way for them to avoid the problems. Just keep kicking that can. This just prolongs things. This process has historically been messy and difficult. We may see a technical shutdown tonight, and that does not bode well, given the current antics and players. 
Meanwhile, the government is making plans for a shutdown. This is from the 
It’s disturbing that many folks and the media are acting like Joe Biden is already out of the picture. However, Republican dysfunction could also deal the final blow to the Republican Party. Jeffries has control over his congress critters. It’s obvious Johnson doesn’t. You may remember that John Boehner threw up his arms and retired over the many chaotic factions. It hasn’t improved since then. Digby has an interesting view in her Salon column. “
And, unfortunately, we have the antithesis to her and the people she worked with and for today. This is from Mark Jacob’s writing on his blog 
The little tomboy girl I was who wanted to do everything boys do and do it better is still in me. Not backing down. Nope. Not gonna do it. Wouldn’t be prudent at this juncture. This is from Lisa Needham at 
So, since I seem to be going all economist on you these days, let me just say that I love Paul Krugman’s substack. I’m glad he left the New York Times, even though he really didn’t state a reason other than it was time. Here’s today’s offering at 
You may take the Good Doctor’s Monetary Theory lecture at the link. I can’t believe Milton Friedman would have anything positive to say about this development at all. He wrote the book on money and was awarded a Nobel Prize in Economics. And I also am having a huge hissy over the potential targeting of the FDIC. I worked in banking. I’ve worked for the Fed. This is my bailiwick. My daughter, the finance guru, didn’t fall for crypto, so I must have done something right. Don’t fall for this, either! 
I cannot see Senator Elizabeth Warren being quiet about any of this. However, the ink of the press is focused on the man with the most responsibility for this mess. Senator Mitch McConnell is objecting a lot now that he’s an ineffective backbencher. Look, he doesn’t like Polio! He wants the vaccine still! Look, he’s got something to say about how wonderful the Bush years were because we tried and failed to bomb “American Exceptionalism” into the Middle East, but it’s good policy!. But just because we know better doesn’t mean Legacy Media does. 
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