• wangfeng
    wangfeng
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  • PLEASE read this one. Kinda required reading. If you agree, which I hope you do, print in color and magnetically attach to your refrigerator. It is marvelous and very clear to all who visit: this is what we stand for. PERIOD.
    PLEASE read this one. Kinda required reading. If you agree, which I hope you do, print in color and magnetically attach to your refrigerator. It is marvelous and very clear to all who visit: this is what we stand for. PERIOD.
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  • Question: given that Trump has messed w/ tariffs more than FIFTY times over his current term of 4 months, is negative in polls, has for the 1st time lost the highest credit rating for the USA EVER, and accepted a 747 plane as a bribe, will he lower prices, stop inflation, & stop lying? NO WAY.
    Question: given that Trump has messed w/ tariffs more than FIFTY times over his current term of 4 months, is negative in polls, has for the 1st time lost the highest credit rating for the USA EVER, and accepted a 747 plane as a bribe, will he lower prices, stop inflation, & stop lying? NO WAY.
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  • (NYT) Excellent summary of the status of the Judiciary's firm stand against Trump & his minions. Thank goodness for the stability of most judges in protecting what remains of our democracy.

    Federal Courts’ Emerging Bottom Line: Due Process Rights for Immigrants
    https://www.nytimes.com/2025/05/17/us/politics/courts-immigrants-venezuelans-garcia-trump.html?smid=bs-share
    (NYT) Excellent summary of the status of the Judiciary's firm stand against Trump & his minions. Thank goodness for the stability of most judges in protecting what remains of our democracy. Federal Courts’ Emerging Bottom Line: Due Process Rights for Immigrants https://www.nytimes.com/2025/05/17/us/politics/courts-immigrants-venezuelans-garcia-trump.html?smid=bs-share
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  • wangfeng
    wangfeng
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  • We collectively are aware of this "brain drain" in the Government. Here is a better summer with details. Depressing that Trump values expertise, brains, and experience so much less than "love for Trump". We'll all suffer for some time now and after him.

    https://www.washingtonpost.com/business/2025/05/17/trump-administration-brain-drain-doge/
    We collectively are aware of this "brain drain" in the Government. Here is a better summer with details. Depressing that Trump values expertise, brains, and experience so much less than "love for Trump". We'll all suffer for some time now and after him. https://www.washingtonpost.com/business/2025/05/17/trump-administration-brain-drain-doge/
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  • (Paul Krugman) Trump's tariffs today average 17 to 18% vs. past at less than 3%. At issue: tariff levels versus free trade agreements already in place (such as those with Korea and Canada), as well as the unpredictability of the level and timing. And what is the policy in one document? Trump chaos.
    (Paul Krugman) Trump's tariffs today average 17 to 18% vs. past at less than 3%. At issue: tariff levels versus free trade agreements already in place (such as those with Korea and Canada), as well as the unpredictability of the level and timing. And what is the policy in one document? Trump chaos.
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  • The Trump catastrophe for the US continues. The last credit rating firm has downgraded the US rating. (From a Triple A credit rating.) This is due to large deficits and higher interest rates. There is no reason this will get better soon. Due to Trump's incompetence.

    https://www.wsj.com/economy/central-banking/u-s-loses-last-triple-a-credit-rating-bfcbae5d?st=DWEJNt&reflink=desktopwebshare_permalink
    The Trump catastrophe for the US continues. The last credit rating firm has downgraded the US rating. (From a Triple A credit rating.) This is due to large deficits and higher interest rates. There is no reason this will get better soon. Due to Trump's incompetence. https://www.wsj.com/economy/central-banking/u-s-loses-last-triple-a-credit-rating-bfcbae5d?st=DWEJNt&reflink=desktopwebshare_permalink
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  • IConsumer Sentiment Index just hit second-lowest level on record, registering lower than anticipated. One would expect to set a record in this Index in mid-June with people debating whether we are aiming for stagflation or a recession. Thank you, TRUMP. DEMS in 26.

    https://www.wsj.com/economy/consumers/early-read-on-consumer-sentiment-falls-to-second-lowest-on-record-8a5e995a
    IConsumer Sentiment Index just hit second-lowest level on record, registering lower than anticipated. One would expect to set a record in this Index in mid-June with people debating whether we are aiming for stagflation or a recession. Thank you, TRUMP. DEMS in 26. https://www.wsj.com/economy/consumers/early-read-on-consumer-sentiment-falls-to-second-lowest-on-record-8a5e995a
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