Pototan
Pototan's JournalIt's more than just that Musk is unelected
There are plenty of people who operate in government that have not been elected. But the authority always flowed from Department Heads that are appointed by an elected official (Secretaries, Judges, etc.) and confirmed by elected officials.
Elon Musk has not only not been elected, but has far too much power for someone who has not gone through the normal process of appointment and confirmation.
What does this Twilight Zone episode remind you of?
Stock Futures Indicate Sharp Opening Losses
Stock futures tumbled Sunday night to kick off a new trading month, as investors weighed new U.S. tariffs on goods from key trade partners and their potential impact on the economy and corporate profits.
Markets may now need to take the rest of Trumps tariff agenda literally rather than just seriously
If this new level of seriousness gets priced in suddenly, Monday could be a rough day for markets, Wolfe Research head of U.S. policy and politics Tobin Marcus said in a note.
https://www.cnbc.com/2025/02/02/stock-market-today-live-updates.html
Trump seems to defy political gravity, but can he survive economic gravity?
Trump has been making remarks and actions that would sink any other politician. McCain wasn't hero because he was captured, they let you grab them by the pussy, bleeding from the whatever, indictments and convictions and hundreds of more reasons. It defies common political logic, but I guess that's how a cult works.
But economic gravity is different. Now, please don't tell me how Trump's base (cult) works. I know. That number is about 35% (IMHO) of the voters. They will never leave him. He wins with the soft voters. Voters who vote against something, like a woman or a minority. Too many voters are confused and apatetic and stay home, as evidenced in the last election. I'm talking about the 15% of that "soft" vote.
These tariffs, the deportation, the bird flu and just the expected economic cycle itself is going to cause untold economic hardship. I don't think Trump can survive that. He'll retain his 35%-38% in favorability. After all, as I said, I concede he has a cult following. But, as Lincoln once said, "You can fool all of the people, some of the time and some of the people, all of the time. But you can't fool all of the people all of the time".
You know who was a DEI hire?
Jackie Robinson
https://en.wikipedia.org/wiki/Jackie_Robinson
Jack Roosevelt Robinson (January 31, 1919 October 24, 1972) was an American professional baseball player who became the first African-American to play in Major League Baseball (MLB) in the modern era. Robinson broke the color line when he started at first base for the Brooklyn Dodgers on April 15, 1947. The Dodgers signing Robinson heralded the end of racial segregation in professional baseball, which had relegated black players to the Negro leagues since the 1880s.
What's the story with the Tariffs?
It's 5:00 AM EST on Feb. 1 and I can't seem to get any news about the Trump Tariffs on Mexico, Canada and China.
Does anyone know what's going on?
Why Trump wants Tariffs and who pays
Donald Trump wants extreme tariffs of foreign goods. He claims the foreign nations or companies will pay. Every reputable economist knows, that in the end, the American consumer pays. Tariffs are a consumer tax on imports. But, no doubt, it does raise money. The Trump tariffs will have the result of a Value Added Tax (VAT) or a sales tax, depending on the goods being provided to the United States.
These actions will result in inflation. The goods will cost more to the consumer, one way or another. This "tax" will raise revenue and allow Trump and his allied Republicans in Congress to cut tax rates for billionaires by leveraging the tariff tax as a new source of revenue.
But make no mistake about it, the tariffs are a sales tax which is the most regressive of all taxes and the average American will take a substantial, negative hit.
Greenland Poll: 85% to 6% against joining US
A new poll shows that an overwhelming 85% of Greenlanders do not want the island to become part of the US, despite US President Donald Trump's push to take control of the semi-autonomous Danish territory.
Trump has ramped up calls to take the world's largest island, rich in natural resources and home to a US space facility.
"I think we are going to have it," Trump said on Saturday, insisting the island's 57,000 residents "want to be with us".
However, a poll by research company Verian for newspaper Sermitsiaq in Greenland and Danish media outlet Berlingske shows only 6% of residents want to join the US, with 9% undecided.
https://www.msn.com/en-ph/news/other/most-greenlanders-oppose-joining-us-despite-trump-s-push-poll-shows/ar-AA1y2OYU?ocid=msedgdhp&pc=DCTS&cvid=a6debf5bfa2e46c9840f430f3d085378&ei=38
Scott Jennings Humiliated on CNN
CNNs Scott Jennings and Washington Post columnist Catherine Rampell brawled on Monday over the salute Elon Musk gave at a rally last week.
The Tesla CEO, who spent more than a quarter of a billion dollars to return President Donald Trump to the White House, spoke at a post-inauguration rally last Monday where he thanked supporters. In doing so, Musk placed his right hand on his chest and thrust it upward in a manner identical to a Nazi salute. Musk and his supporters including Jennings have scoffed at the idea Musk intended the gesture as an homage to Nazism. But on Mondays CNN NewsNight, Rampell dared Jennings to make the same salute on television, which he unsurprisingly declined to do.
Full article with video:
https://www.mediaite.com/tv/do-it-right-now-on-tv-catherine-rampell-dares-scott-jennings-to-mimic-musks-salute-after-he-claims-it-wasnt-a-sieg-heil/
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Name: LouisGender: Male
Hometown: Boston USA and Pototan Philippines
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Current location: Philippines
Member since: Tue Dec 20, 2022, 10:03 AM
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