Cruz reportedly says Trump yelled and cursed over warning of midterm election 'bloodbath'
Source: The Guardian
Mon 26 Jan 2026 10.16 EST
Last modified on Mon 26 Jan 2026 21.54 EST
Ted Cruz warned Donald Trump, his fellow Republican, that he would face a bloodbath in the November midterm elections if prices continued to rise, prompting the president to respond, fuck you, Ted, the US senator told donors, according to a secret recording of the private conversation obtained by Axios.
Cruz reportedly delivered the reality check to the president in a phone conversation after Trump presented sweeping tariffs a few months after returning to the Oval Office in early 2025. The president was unhappy, Cruz said and yelled and cursed in a conversation with Republican senators.
Mr President, if we get to November of [2026] and peoples 401(k)s are down 30% and prices are up 1020% at the supermarket, were going to go into election day, face a bloodbath, Cruz said he told the president, according to Axios. Youre going to lose the House, youre going to lose the Senate, youre going to spend the next two years being impeached every single week.
Only 34% approve of how Trump has handled the cost of living while 64% disapprove, according to a recent New York Times/Siena poll. There is also evidence the economy may be motivating those who voted for Trump in 2024 but now disapprove of him, according to the Times.
Read more: https://www.theguardian.com/us-news/2026/jan/26/ted-cruz-trump-midterm-elections
rampartd
(4,050 posts)but the prices are way up, and with winn dixie closing we lose our last competitor to wal mart.
travelingthrulife
(4,690 posts)Happy Hoosier
(9,438 posts)What I see is a shit ton of money pouring into the Mag 7. They have been driving the market up, driven by capital investment. There is a strong speculation that it is in a bubble, and maybe it is. I do think those companies building data centers speculatively are in for a shock... the LLM's have hit a capability wall (IMO) and people aren't getting the ROI on these invesetments that were projected. And many (most?) users just aren't willing to pay a ton for the what the LLM's CAN do.
Outside a narrow set of applications, the current state of "AI" is not as capable as many expected and the Mag 7 companies projected. The only real question in my mind is if we're going to see lackluster market returns for the next few years, or a major correction.
Ligyron
(8,006 posts)Because all this Ai will use massive amounts of electricity.
Happy Hoosier
(9,438 posts)But I am having my doubts that this will play out. The LLM's just aren't "all that." Many companies are reporting no significant ROI, or even a negative ROI.
But if they are used, electric rates will skyrocket.
rampartd
(4,050 posts)and of course, the dollar buys less, so a share costs more.
Happy Hoosier
(9,438 posts)Inflation has an impact, of course, but the markets have still done double digits AFTER inflation the last couple of years. I've watched my portfolio almost double in 4 years.
JT45242
(3,892 posts)We have Hy-Vee which should be called high prices...but need real competitive groceries.
Although tbh, even if Meijer, kroger, and Walmart had to compete a little, without more than that no competition push.
Add to that for most commodities -- chicken, eggs, beef etc. only 2-3 companies control 90 percent of the market, so no drive to competition there.
Same with seeds and fertilizer.
Monopoly and oligopolies have allowed the Uber rich to ignore any market checks and balances
Javaman
(65,284 posts)Clouds Passing
(7,295 posts)littlemissmartypants
(32,225 posts)txwhitedove
(4,351 posts)MayReasonRule
(4,040 posts)
progressoid
(52,693 posts)
SWBTATTReg
(26,121 posts)voters from tRUMP's terrible domestic economic policies that is causing voters by the millions to flee from him.