General Politics Thread

Started by the-pi-guy, Jun 08, 2017, 12:22 PM

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kitler53

jfc is this the most arrogant speech ever. 
         

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kitler53

https://www.politico.com/news/2025/03/06/trump-cabinet-musk-025093
Trump puts new limits on Elon Musk

QuoteAccording to two administration officials, Trump told top members of his administration that Musk was empowered to make recommendations to the departments but not to issue unilateral decisions on staffing and policy. Musk was also in the room

https://apnews.com/article/trudeau-trump-tariffs-trade-war-58eaa333ef96d4f17965bb7004e6bee7
Canada's tariffs to remain despite Trump postponing tariffs on many imports from Canada for a month

QuoteCanada's initial retaliatory tariffs against the U.S. will remain in place despite President Donald Trump postponing 25% tariffs on many imports from Canada for a month, two senior Canadian government officials said.

Trump said Thursday that he has postponed 25% tariffs on many goods from Canada and Mexico for a month, amid widespread fears of a broader trade war.

https://www.cnn.com/2025/03/05/politics/supreme-court-usaid-foreign-aid/index.html
Supreme Court rejects Trump's request to keep billions in foreign aid frozen

QuoteA divided Supreme Court on Wednesday rejected the Trump administration's request to keep billions of dollars in foreign aid approved by Congress frozen.

https://www.theguardian.com/us-news/2025/mar/06/gop-budget-medicare-medicaid-cuts
GOP budget goals impossible without Medicare and Medicaid cuts, budget office says

QuoteRepublicans cannot reach their budget goal of slashing at least $1.5tn in spending over the next decade to fund Donald Trump's tax cuts and immigration crackdown without cutting healthcare relied upon by tens of millions of Americans – including seniors and children, according to the non-partisan budget assessor.



kind of feels like a good day.   seem like most of trump's platform blew up today.  






         

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kitler53

summary of my company all-hands meeting:

putting in cost cutting measures in response to "market uncertainty" and a sudden downturn in sales in 2025.

travel ban.  hiring freeze.  no longer going to tolerate work from home.

         

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Horizon

Isn't America's debt to GDP really high as well.

If they start contracting will this have an impact.

kitler53

Quote from: Horizon on Mar 08, 2025, 12:55 PMIsn't America's debt to GDP really high as well.

If they start contracting will this have an impact.
possibly speaking a bit out of my own dog right now...

....it's not as bad as some countries and (imo) not as bad as republican make it out to be.   at least not yet.   it's been snowballing a bit lately between covid handouts and trump 1st term tax cuts.   it is a problem that should be dealt with and with some sensible policy it should be manageable.    but trump isn't sensible and calling for more tax cuts that are projected to add another 4 trillion to the debt if i remember correctly.   
         

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the-pi-guy


Horizon

Quote from: the-Pi-guy on Mar 09, 2025, 07:11 PM

When Trump inevitably casts aside Musk he's going have pissed off so many people he'll need to find a special bunker 

kitler53

#457
Quote from: Horizon on Mar 10, 2025, 09:02 AMWhen Trump inevitably casts aside Musk he's going have pissed off so many people he'll need to find a special bunker
tesla has already lost something like 100 billion since trump took office.  not going to pretent i "know" elon's finances but rumor on the street is twitter/spaceX and all his other business ventures are leveraged off of his tesla stock and if tesla's stock collapses he could lose it all.
         

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kitler53

we kind of sort of have a stock thread but it seems relevant enough to post here instead:

As of this minute:
spy down ~2%
NASAQ down ~3.3%
Tesla down an impressive 12%

it's really, really impressive how fast trump managed to wreck things.  who else is dumb enough to spend their weekend promoting a recession?!?
         

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the-pi-guy

#459


Quote from: Senator Mark KellyJust left Ukraine. What I saw proved to me we can't give up on the Ukrainian people. Everyone wants this war to end, but any agreement has to protect Ukraine's security and can't be a giveaway to Putin. Let me tell you about my trip and why it's important we stand with Ukraine.🧵

Quote from: Elon MuskYou are a traitor

I hate this man.

the-pi-guy


kitler53

Quote from: the-Pi-guy on Mar 10, 2025, 05:51 PMI hate this man.
agreed.

America is soo much more than a bit of land.   America our ideals of freedom.  the real treason is doing nothing as a villainous thug like putin invades a free country to attack America's ideals.   ..if trump/musk love Russia so much then let's deport them.
         

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kitler53

Quote from: kitler53 on Mar 10, 2025, 04:58 PMwe kind of sort of have a stock thread but it seems relevant enough to post here instead:

As of this minute:
spy down ~2%
NASAQ down ~3.3%
Tesla down an impressive 12%

it's really, really impressive how fast trump managed to wreck things.  who else is dumb enough to spend their weekend promoting a recession?!?
as we cross into the last hour of the trading day the sell off appears to be intensifying:

spy -3.2%
NASAQ - 4.3%
tesla -14.9%

spy down nearly 10% since Feb 19th's high which should mean we should be officially in "correction" territory.
         

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kitler53

Quote from: kitler53 on Mar 10, 2025, 07:01 PMas we cross into the last hour of the trading day the sell off appears to be intensifying:

spy -3.2%
NASAQ - 4.3%
tesla -14.9%

spy down nearly 10% since Feb 19th's high which should mean we should be officially in "correction" territory.
from this post things drilled a bit,. bounced quite a bit, then drilled a bit to end just a bit higher than this post.


...except telsa.  tesla just kept dropping.

imagine spending 250 million to elect a guy that would evaporate 100+ billion of your net worth...
         

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kitler53

https://www.npr.org/2025/03/10/nx-s1-5323166/arrest-green-card-palestinian-protest

Arrest of pro-Palestinian protester shows escalation in Trump deportation efforts


Mahmoud Khalil, a recent graduate student at Columbia University and green-card holder, was arrested by Immigration and Customs Enforcement officers over the weekend in what is likely one of the first high-profile detentions of a student who participated in the protests against the Israel-Hamas war.

The arrest follows through on one of President Trump's executive actions, which directed the government to use all of its tools to punish those who have engaged in "antisemitic harassment and violence." The executive action cites the federal law that authorizes deporting a foreign national who "endorses or espouses terrorist activity."

The move is an escalation in Trump's effort to increase deportations from the U.S. and strip protections from those who violate the new administration's priorities.

In a social media post on Monday, Trump said the arrest was the first of many to come. He vowed that his administration "will find, apprehend, and deport these terrorist sympathizers from our country — never to return again."

Michael Thaddeus, a mathematics professor at Columbia University, said the move seeking to strip Khalil's green card and deport him violates the broader trust from foreign students who come to study in the U.S.

"They come because of their trust and belief that they could speak out freely while they're here and not be imprisoned or harassed because [of] their political speech or activism or advocacy," Thaddeus said.
         

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