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I can’t afford this Trump economy

Red said:
So now what….

www.theguardian.com

US federal court blocks Trump from imposing sweeping tariffs

Ruling from court of international trade in New York comes after slew of lawsuits arguing president exceeded authority
www.theguardian.com www.theguardian.com


Financial markets welcomed a U.S. court ruling that blocks President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.

U.S. futures jumped early Thursday and oil prices rose more than $1. The U.S. dollar rose against the yen and euro.

The court found the 1977 International Emergency Economic Powers Act, which Trump has cited as his basis for ordering massive increases in import duties, does not authorize the use of tariffs.

The White House immediately appealed and it was unclear if Trump would abide by the ruling in the interim. The long term outcome of legal disputes over tariffs remains uncertain. But investors appeared to take heart after the months of turmoil brought on by Trump's trade war.
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This court just saved our economy. But yeah, this upends he and Bessent's entire economic strategy.

Fascinated to see how we wiggles out of this one. Bus is about to hit Bessent or Lutnick tho.
 
Red said:
So now what….

www.theguardian.com

US federal court blocks Trump from imposing sweeping tariffs

Ruling from court of international trade in New York comes after slew of lawsuits arguing president exceeded authority
www.theguardian.com www.theguardian.com


Financial markets welcomed a U.S. court ruling that blocks President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law.

U.S. futures jumped early Thursday and oil prices rose more than $1. The U.S. dollar rose against the yen and euro.

The court found the 1977 International Emergency Economic Powers Act, which Trump has cited as his basis for ordering massive increases in import duties, does not authorize the use of tariffs.

The White House immediately appealed and it was unclear if Trump would abide by the ruling in the interim. The long term outcome of legal disputes over tariffs remains uncertain. But investors appeared to take heart after the months of turmoil brought on by Trump's trade war.
Click to expand...
Now he just ignores them and the anemic Congress does nothing to stop him. Mind-blowing how inept it turns out our government actually is when faced with someone truly new and dangerous. Deer in the headlights when he is just doing exactly what they told us he would be doing. And everyone seems content to sit there and say "see we told you he would do this ****" as if that moral victory is all we need. I'm really afraid it will take a full-on uprising to unseat the fascists. The rest of the government is powerless to stop it, or won't make the effort. It's disgraceful. But maybe it's just time for Rome to fall. Every major country on the planet has gone through full-on and violent political upheaval to get them where they are today, except us really. We are the only one still operating from the same set of rules we have had for 250+ years. Maybe it's just our time.
 
  • Hmmm
Reactions: Red
LogGrad98 said:
Now he just ignores them and the anemic Congress does nothing to stop him. Mind-blowing how inept it turns out our government actually is when faced with someone truly new and dangerous. Deer in the headlights when he is just doing exactly what they told us he would be doing. And everyone seems content to sit there and say "see we told you he would do this ****" as if that moral victory is all we need. I'm really afraid it will take a full-on uprising to unseat the fascists. The rest of the government is powerless to stop it, or won't make the effort. It's disgraceful. But maybe it's just time for Rome to fall. Every major country on the planet has gone through full-on and violent political upheaval to get them where they are today, except us really. We are the only one still operating from the same set of rules we have had for 250+ years. Maybe it's just our time.
Click to expand...
The bloody four year civil war that killed more Americans than all of the wars we’ve fought combined doesn’t count as a violent political upheaval? The passing of 3 amendments doesn’t count as a second founding? Couldn’t one make an argument that we’ve had a few bloody political upheavals before? And what would a bloody political upheaval look like now? January 6? Oklahoma City bombing? Waco or Ruby Ridge? Could one make an argument that we’re in the middle of one right now with our institutions under attack, experts and expertise being forced out in favor of loyalists, and unfavorable people to this regime being disappeared to El Salvador?
 
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The Thriller said:
The bloody four year civil war that killed more Americans than all of the wars we’ve fought combined doesn’t count as a violent political upheaval? The passing of 3 amendments doesn’t count as a second founding? Couldn’t one make an argument that we’ve had a few bloody political upheavals before? And what would a bloody political upheaval look like now? January 6? Oklahoma City bombing? Waco or Ruby Ridge? Could one make an argument that we’re in the middle of one right now with our institutions under attack, experts and expertise being forced out in favor of loyalists, and unfavorable people to this regime being disappeared to El Salvador?
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How does that compare realistically to the French revolution and the beheadings of all the heads of state in the country, or Stalin and his death camps as precursors to the subsequent world wars, or nuclear bombs in Japan, or the complete rewriting of the government and hundreds of thousands of deaths under chairman Mao? No, our civil war counts as, at most, a correction and adjustment. It did not represent the complete overhaul of our entire political system, something that damn near every other developed nation experienced in the course of the same 250 years. Yes it was horrifying, but realistically paled in comparison to the others and represented nowhere near the same level of change overall. Maybe we are due for something more dramatic, but if we are lucky maybe we get by with something just on par with the changes made during the civil war, maybe this gets put down and corrected through further amendments. But maybe it will take a full-on upheaval to eradicate the fascists so pervasive in our society today.
 
BabyPeterzz said:
This court just saved our economy. But yeah, this upends he and Bessent's entire economic strategy.

Fascinated to see how we wiggles out of this one. Bus is about to hit Bessent or Lutnick tho.
Click to expand...
Funny thing is that if he follows the court orders then the economy will improve and he will take credit for the improvement lol.
 
fishonjazz said:
Funny thing is that if he follows the court orders then the economy will improve and he will take credit for the improvement lol.
Click to expand...
Yep, and add more fuel for his cronies to keep tearing the government apart and for his cult followers to keep praising his name. When the truth is just a vague concept you can play with all you want, then you can turn anything to your advantage.
 
TACO= Trump Always Chickens Out….

www.latimes.com

Commentary: Explaining the newest Wall Street craze — the 'TACO' trade

Investors are beginning to realize that Trump never follows through on his tariff threats, inspiring the TACO trade: 'Trump always chickens out'
www.latimes.com www.latimes.com

Lol. Nasty question=an unfair question that does not begin by calling Trump the greatest human who ever lived. How do Trump trolls see this as the response by a man? Seems much more appropriate for a 5 year old.


View: https://x.com/cardon_brian/status/1927852301416272166
 
If you're short on funds follow Wall Street's newest strategy, the TACO Trade.

TACO stands for Trump Always Chickens Out

He announces tariffs, then sees the potential disaster that will be the consequence of his actions and he chickens out. Shrewd investors are making a fortune betting on Trump chickening out.

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Reactions: Red
Bernie be looking better than ever. But I believe he is working for the next generation of Democrats. Bernie has always done one thing reliably, tell the truth and call out the elite!

Sucks that bernie is so old because if he was 50 or 60 I'd quit my job to campaign for him.
 
People are having a ball with this, now that they know it bothers Trump….

www.huffpost.com

Trump's Body Language After He Learns He's Been Brutally Mocked Spoke Volumes, Experts Say

Body language experts say the president's nonverbal response to learning that he's inspired the "TACO" acronym was quite telling.
www.huffpost.com www.huffpost.com

President Donald Trump sparked a lot of chatter online after firing back at a reporter who asked him about a brutal yet tasty-sounding acronym his tariff policies have inspired.

But body language experts think the president’s nonverbal responses also gave viewers quite a lot to chew on.

On Wednesday, a reporter told Trump that some Wall Street analysts are dismissing his tariff threats with the slogan “TACO,” which stands for “Trump Always Chickens Out.” The mocking acronym references the fact that Trump has announced high tariffs, only to back off shortly after.

The president’s on-again, off-again tariffs have caused markets to tumble and then rise again. The TACO acronym was coined by The Financial Times’ Robert Armstrong.

When the reporter asked Trump to weigh in on the term, the president concluded by sharply chiding her: “Don’t ever say what you said. That’s a nasty question. To me, that’s the nastiest question.”

www.nbcnews.com

10 times Trump has threatened, then backtracked on, tariffs as 'TACO trade' jab gains traction

Trump has ordered a number of sweeping tariffs driving up costs of imports, but he has threatened far more tariffs than he has carried out, leading some to embrace "TACO theory."
www.nbcnews.com www.nbcnews.com

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