Chomsky pointed out that American exceptionalism was fostered by democratic socialism, grants funding the way for semiconductors, lasers, vaccines, and medicines.
So of course, they got triggered and gutted everything.
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RFK is actively decaying. I could barely understand him admit to trump getting a $100 million bribe at his last press conference.
Another $300Million Bribe for Trump
(Bloomberg) - UBS Group AG’s rich clients are increasingly shifting away from US-dollar assets, turning instead to gold, crypto and investments in China, according to the Swiss bank’s co-head of wealth management for Asia.
@bloomberg.com
www.bloomberg.com/news/videos/...[Not loaded yet]
On the face, a developed currency insulated as much as possible from the USD makes some sense. Swiss franc maybe? But hard to say when including tax implications (will those even exist in the future?)
Again, sounds good, but not my area.
Trump fails again.
So…after creating enormous havoc & chaos on people’s retirement funds & consumer prices, US tariffs on China and Chinese tariffs on US are back down to about the same levels they were before “Liberation Day.”
What a disaster.
www.nytimes.com/2025/05/12/b...
U.S. and China Agree to Temporarily Slash Tariffs in Bid to Defuse Trade War
They are almost-Not enough to matter to the gov, but enough to push up prices for regular households. That’s just another form of inflation.
Love immigrants or fear them, the US cannot deport 10-20million people. It would be economic suicide. These people work, eat, shop, even pay taxes. The staunchest maga can see that it would be more than incredibly expensive, but catastrophic.
Even if they can’t see how evil it is, they can see $$$.
Bondi was a lobbyist for Qatar. She has no business advising Trump on the plane they want to bribe him with.
Didn’t she “forget” to disclose that she worked for Qatar when she was being reviewed for her White House position? It was not exactly secret, but seems like a conflict that should have been brought out into the light. Trump wouldn’t care anyways, but the nomination should have been rejected.
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Bondi is nowhere near as likable, intelligent, nor as capable as Dedra Meero.
My rich friends are going big transferring wealth to Australian bonds-but that’s not my area. Gold as well. Bitcoin seems like the only real crypto choice. Anything but USD anyways. Thoughts?