May 28, 2025 (128/1461)
Ooooh. I’m popping popcorn for the fallout on this one. Musky can’t keep his trap shut an longer. I mean we all knew it would happen. The bromance would die because you can’t have two alphas peeing all over everything and no one wiping it up. “The billionaire entrepreneur, who supported Trump’s candidacy with at least $250 million and has worked for his administration as a senior adviser, said he was “disappointed” by what the president calls his “big beautiful bill.” The legislation includes a mix of tax cuts and enhanced immigration enforcement. While speaking to CBS, Musk described it as a “massive spending bill” that increases the federal deficit and “undermines the work” of his Department of Government Efficiency, known as DOGE.” We knew his ego would take over his muzzle. Eventually he would have to dress TOM down for undoing all the “good” Musky thinks he did. Poor TOM is fighting like three internal wars right now. I’m not sure even that angry mofo has enough vitriol in him to go after Harvard, Musk, and Putin all at the same time. I see a little version of “Exorcist” about to play out in the Oval and TOM’s head spins round and round and round while he tries to keep all of these war plates spinning.
A theoretically neutral party has provided the following analysis on the bully big bill. “The Congressional Budget Office, in a preliminary estimate, said the tax provisions would increase federal deficits by $3.8 trillion over the decade, while the changes to Medicaid, food stamps and other services would reduce spending by slightly more than $1 trillion over the same period.” Even I can do that math…..
Someone beat me to the punch on a new slam. TACO – Trump Always Chickens Out. This is the new reference to TACO trade. I for one give it five thumbs up. “President Donald Trump wants the world to know he’s no “chicken” just because he’s repeatedly backed off high tariff threats.
The U.S. Republican president’s tendency to levy extremely high import taxes and then retreat has created what’s known as the “TACO” trade, an acronym coined by The Financial Times’ Robert Armstrong that stands for “Trump Always Chickens Out.” Markets generally sell off when Trump makes his tariff threats and then recover after he backs down.
Trump was visibly offended when asked about the phrase Wednesday and rejected the idea that he’s “chickening out,” saying that the reporter’s inquiry was “nasty.” I think it’s apt.
It’s created massive havoc with the markets as we’ve all seen and felt. “As of Wednesday afternoon, the S&P 500 stock index was up slightly so far this year. But the index was down as much as 15% on the year on April 8, a reflection of the volatility that Trump’s changing policies have created.”
TOM is trying to say he’s standing up for “our” kids when he goes after international students. But the irony there is that his big bully bill will end up hurting many of “our kids.” “Trump has a new rationale: It’s all about helping young, aspiring Americans, particularly those in the working class. “We have Americans who want to go there and to other places,” Trump told reporters over the weekend, adding angrily that many of Harvard’s international students are “bad” and are taking Americans’ slots: “They can’t go there because you have 31 percent foreign.” With Trump’s fury at Harvard getting worse, this turn in the saga suggests another grotesque subtext to all of it: Telling working-class families that the real obstacle their kids face is zero-sum competition from foreign students makes it easier to take away resources previously appropriated to boost working-class kids to fund tax cuts for the rich. Indeed, a coalition of education advocacy organizations estimates that the bill’s changes to Pell Grants alone could deprive as many as 700,000 people of eligibility entirely and hit many more with higher costs.” TOM has to find new stomping ground that doesn’t contradict his other stomping grounds. You do know the one thing about pathological liars is that they have to have very very very good memories. Because once they tell a lie, they have to make sure that all future lies don’t negate the original lie. TOM gets an F on lie-tracking. Sadly, no one cares.
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