Tag: tariffs

Wenzda’s Wandering Political Thoughts

I liked the article’s headline.

 Trump, a ‘humiliated clown’ who always pretends he never backs down, backed down again

That’s Lawrence O’Donnell’s take on Trump. Trump is a clown. I so agree.

Trump was reversing himself on tariffs. Again. Trump claimed before that leaders of all these other nations were calling and begging him to make deals. No evidence of that emerged. If anything, Trump’s claim was 180 degrees from the truth.

You got to ask: if his high tariff approach was working so well and all those leaders wanted deals, why is Trump singing a different song now?

The short of it seems to be business. Stock market losses have people remembering the worse April since the Great Depression. The sliding dollar isn’t reassuring anyone, either.

Trump’s tariffpause is like menopause. Has people running hot and cold and getting emotional, irritated, impatient, and easily annoyed.

His tariffpause seems to come from CEOs warning him about empty shelves and declining sales.

The CEOs of Walmart, Target, Home Depot and Lowe’s, all of whom delivered a blunt message about interruptions in the supply chain and its effects on consumers, were invited to the White House as part of an ongoing internal campaign to make the case to Trump about the real-world impact of his policies, administration officials said.

Trump’s tariffs have placed significant pressure on the retail sector. The business leaders warned that store shelves across America could “soon be empty,” two people familiar with the meeting said, as they presented a dire economic picture that could come into sharper view within weeks.

Gosh, no one saw that coming way back when Trump brayed about imposing tariffs.

Yes, that’s some 24-karat snark.

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Saturda’s Wandering Political Thoughts

Some things catching my attention in the week’s news…

I enjoy Ali’s regular offering, Peace & Justice History. Posted every day on Scottie’s Playground, the post provides a high-level recap of the day in history in the realm of peace, law, and justice. I like it as a reminder of the history which has gone before. While there is sometimes a sinking sensation that history is part of a wash cycle, and we’re going through the spin and rinse once again, reading about others stands against war and for justice and human dignity can inspire and fuel my need for optimism.

Infidel753 provided a good overview of the Bond market and the huge implications for the U.S. when our bonds fall out of favor. As several have suggested, the bond market drop probably caused the pause in Trump’s wacky tariff scheme.

“The sale of Treasury bonds is how the US government borrows money.  A bond’s value at maturity is fixed; its initial sale price is lower and is determined by supply and demand, with the difference between sale price and maturity value being the interest paid by the government to the investor.  For example, if a bond is worth $100 at maturity, and you buy it for $95, then the $5 difference is the interest you get on the investment, effectively paid to you by the government.  If you are less confident that the bond is a good investment, and you pay only $90, then your return is $10 when the bond matures, and the government is having to pay twice as much interest to borrow the money from you.  In practice, the sale price of Treasury bonds is set by supply and demand and reflects investors’ collective level of confidence in the US economy at any given moment.“

“The reason this matters for the future of Trump’s befuddled trade and foreign policy is that huge quantities of US bonds are owned by foreign governments.  Japan holds over a trillion dollars worth of them, China holds $760 billion, the UK holds $720 billion, Canada holds $380 billion, and many others also hold substantial amounts.  Even by the standards of the US federal budget, these are very large amounts of money.  And these governments have now learned that turmoil in the bond market can get Trump to back down even when nothing else can.“

Some hope was found that the Roberts Court finally, finally, took a stronger stance against the Trump Regime’s mass deportation scheme, the one that pretends that due process has no place in the U.S. no matter what the Constitution and legal precedence says. Jennifer Rubin at The Contrarian gave a concise summary of the latest ruling. Now we all wait to see what happens next. I haven’t perused the news yet, but something else may have already happened. Whatever else, the Trump Regime is an evil and diabolical machine in its pursuit of unlawfully getting people out of the country.

Milwaukee, Wisconsin is coping with lead paint in its schools. The Biden administration was working with them to help them out of this mess. Isn’t working for the common welfare one reason for the Federal government’s existence? But under the Trump Regime, the CDC experts who were going to help Milwaukee have been fired. And, the Trump Regime told them that it’s declining their request for help. I’m sure that Milwaukee citizens are probably wondering, why the fuck are we paying taxes, then. I know that would be my reaction. Not sure how this fits, but Wisconsin was a swing state that went for Trump while Milwaukee went for Harris.

A confusing piece was in The Hill. Trump on egg costs: ‘If anything, the prices are getting too low’. It was a real head-scratching read.

‘President Trump weighed in on the cost of eggs around the country, claiming Friday at the White House that the prices are “getting too low.”

‘Trump praised Agriculture Secretary Brooke Rollins for doing a “great” job and then asserted that egg prices are “down 87 percent, but nobody talks about that.”’  

“Bullshit,” my wife said. “I just bought eggs. They’re not down ’87 percent’. If that’s right, why are they still so expensive in Oregon?”

Yes, it’s something else to ponder.

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Wenzda’s Wandering Political Thoughts

Time Magazine offered us insights into how world leaders reacted to Trump’s tariffs.

Reading of some intelligent responses to what’s the madman in D.C. is doing was uplifting. The excerpt from Sweden had me head nodding.

Sweden’s Prime Minister Ulf Kristersson said in a Wednesday statement that Sweden is “well prepared for what’s happening now.” At the same time, he underscored: “We don’t want growing trade barriers. We don’t want a trade war. That would make our populations poorer and the world more dangerous in the long run.”

“Free enterprise and competition have laid the foundations of the West’s success. That’s why Americans can listen to music on Swedish Spotify and we Swedes can listen to the same music on our American iPhones,” Kristersson said.

Ulf Kristersson clearly gets it. He sees what the trade war and tariffs would do to the global economy and why that’s probably a bad idea.

Jealously bites me in the ass. Why can’t we have an intelligent and capable person like that leading us in the United States?

Yes, I know that this is a thumbnail sketch of Ulf Kristersson. He’s conservative. While he’s reasonable about tariffs, he might harbor strange, dark view about other matters. At least he seems to have principles. That’s more than I can say about conservatives bending their knee to Trump.

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Saturda’s Wandering Thoughts

“Easter is a week away,” my wife said. “You need to get a haircut.”

I just got one last month. Her observation annoys me. I spent twenty years in the military. Keeping your hair cut and neat was, like, an actual regulation. After being freed from military constraints, I’m not interested in being so neat and tidy when it comes to hair. I will lose this discussion, though, and cave. Being neat is extremely high on my wife’s list. She is also adept at being severe and disapproving.

“Want to hear my sister’s text?” I ask.

“Go ahead.”

I read my sister’s updates from Pittsburgh. She’s buying her daughter a new phone. Several features on her present phone are failing. Replace it before Trump’s tariffs add hundreds, she reckons. She used the same logic to replace her eight-year-old ride. She also cashed in her small 401K and put it into certificates in December because she believed Trump was going to trash the economy. She tells me about my other sister’s financial worries.

Four sisters share Mom. Two of them are extremely responsible. The other two are not exactly flighty but they seem to have many crises and make choices that cause more problems. I probably would make more choices that aren’t wise ones, but I’m married to a diligent person.

My sister also comments about how expensive everything is, and how hard it is for young people like her twenty-something daughter these days.

My conversation with my wife swirls into a new zone. “Mom should be using red-light therapy to help with her healing, injuries, and inflammation.” My wife and I both champion red-light therapy. It has helped us in numerous ways. Besides that, NASA, soccer leagues, and the NFL are all red-light therapy true believers.

My wife tells me that Jan approached her for help with another person. The other person suffers Renaud’s disease in her feet. She’s been warned that she might lose her feet if she doesn’t get treatment. The woman doesn’t like going to the doctor. Almost has a pathological fear about it.

Renaud’s has plagued my wife for years. She once showed me her finger. White as a candle, bent and misshaped, horrifying to look at. She aggressively applied red-light therapy and resolved the problem.

“I told Jan to tell her friend about red-light therapy,” my wife says. “She can at least buy a belt and try it.” Pros and cons are discussed for a few more minutes. My wife complains about friends who were told about it but haven’t tried it. She doesn’t understand their reluctance.

I text my sister to ask her if Mom has tried red-light therapy. Then I get online to make a haircut appointment.

There are some things which must be accepted and done.

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Frida’s Theme Music

Greetings again, world. It’s time again for Frida. Today is April 11, 2025. Those of you in ‘Merica might note the date and say, “Oh, yeah. Taxes.” I finished mine back in early Feb but held off submitting because I owe, I owe. Submitting them is on tonight’s agenda.

It’s 54 F at this point. Feels like it to me. Sunshine is a light version of itself today. Mmm, yeah, cloudy. Might rain. Might not. Might get up to 60 F. Then again, might not. This is Ashlandia spring weather.

Been reading and digesting the news. I know what I make of things. I see that on the political spectrum’s right side, they’re either cherry-picking info or hiding it. Cherry-picking as in, “Look how strong the market was Wednesday.” Hiding, as in, crickets about inflation and the price of eggs. Eggs bounced up into record realms. Rising prices were offset by Trusk Regime imports from Turkey and South Korea.

“Turkey and South Korea,” my wife said. “Wonder if the tariffs will change that.”

Looking out the window, I noted the weather change. The Neurons perversely seized the weather change and fired up “Call Me the Breeze”. They had the 1974 Lynyrd Skynyrd cover of the JJ Cale classic going in the morning mental music stream in short order.

“Ain’t no change in the weather
Ain’t no change in me
Ain’t no change in the weather
Ain’t no change in me
I ain’t hidin’ from nobody
Ain’t nobody hidin’ from me

h/t Genius.com

I enjoy the LS version but we’re not all the same, so here’s Eric Clapton and JJ Cale doing another offering.

And then we have an offerin’ by Tom Petty and the Heartbreakers.

I find them fine but in different ways. Hope one suited your Frida taste buds.

Coffee and I have metaphorically joined hands once again. Hope your Frida is going strong and just gets better and better, and I’m not being snarky when I say that.

Cheers

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Thirstda’s Theme Music

Thirstda, April 10, 2025, cracked opened a new package of spring in Ashlandia. Filled with fresh air, new blooms and blossoms, dark and heavy green grass, and bright sunshine highlighting lazy clouds, it’s a day full of promise. 54 F now, that sunshine makes it feel like 67 F. 72 F is being shaken as an offering. Attached to the end of the weather promise is a warning that it’s gonna cool down tomorrow by more than ten degrees.

Newsweek is brimming with a tale of Donald Trump’s tanking approval numbers. Over on a rightwing site, they’re psyched about Trump having the highest approval rating among the last four presidents at this point in their term. Are we united yet?

News stories are rich about several matters on Trump. They’re still talking about him floating the idea of bombing our friend, neighbor, and ally, Mexico. After Trump said that he wouldn’t back down, he put tariffs on pause for 90 days for most countries, with a few exceptions for certain industries and imports. China’s heavy levies remain. In a surprise move that surprised only those half asleep under rocks, the House GOP passed Trump’s budget. Oh, but there was talk of such a rebellion going on there! Such dramatic stances were kind of made by these spineless caricatures of principled GOTP politicians. Several made it clear that they thought it was the wrong move but they voted for it anyway.

Primers regarding ‘how we got here’ are circulating. Not with Trump per se but our manufacturing issues in the United States. Many point out that goods are still produced in the U.S.A. These are often made in automated factories with few employees. History lessons are presented as reminders that it was that right-wing darling, Ronald Reagan, who championed changes in laws that allow the massive stock buybacks that are now the standard operating procedure for U.S. corporations. They point out that it was the right-wing business hero, Jack Welch of GE and “30Rock” fame, who led the charge to outsource and offshore. Hoping to keep up, and seein’ how GE financially thrived for a while, the same course was charted for many U.S. corporations. China and underdeveloped nations hungry for opportunity eagerly offered their land and people as new manufacturing bases. Now Trump blames those countries for what we as a nation did. Classic Trumpism: cluelessly blame others.

Today’s theme music is a matter of a haunting. Someone posted a comment about Joe Jackson and his song, “Is She Really Going Out with Him?” The Neurons trapped it in my morning mental music stream. I need to share it to exorcise it from my head. Not a bad song at all but speaking personally, having the same song playing over and over in my mind starts increasing my whacko factor. My whacko factor, or WF, is already naturally high.

I’ve chilled with some coffee and played with the cat. He enjoys some hide and seek and chase in the morning. Hope your day gives you all you need and more. Here we go.

Cheers

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Humpda’s Wandering Political Thoughts

I want to believe. But the rug was pulled out from under me last November. I’m leery of trust and hope. They used to be my friends. Now they let me down.

I read a Brian Tyler Cohen post. Petitioning the King. Cohen writes well. Intelligently. Persuasively. Mr, Cohen says,

It’s clear by now that Trump’s imposition of tariffs has been a disaster. The market has crashed, wiping away all gains since he took office, companies are laying off employees by the hundreds, fears of a recession are reaching a fever pitch, and far from pressuring other countries into coming to the negotiating table, they’re going around the United States and entering into new trade agreements without us. New reporting suggests that Japan and South Korea are coordinating with China to respond to our tariffs. How’s that for 4D chess? At a time when American superiority is threatened by China, Trump is driving other countries into the arms of China.

And so given how disastrous these tariffs are on the economy, and given how potent the issue of high costs are (Trump himself admitted that he won the 2024 election as a result of high costs), it would lend itself to reason that he would want to avoid this like the plague. Even someone like Trump (who can’t bring himself to admit fault because he views any capitulation as a sign of weakness) can see how disastrous this is and should want to cut his losses.

Which raises the question: why plow ahead?

Right on dubious schedule, Trump announced a 90 day suspension on tariffs for all nations except his arch enemy, home to his products, China. So Trump is not plowing ahead.

Could it be that his falling poll numbers changed Trump’s mind?

Perhaps it was the turning of the worms like Joe Rogan, Mitch McConnell, Ted Cruz, and Thom Tillis.

Maybe Trump had a good game of golf. It could be that he saw that shares of DJT were down, affecting his personal wealth, or he noticed that crytocurrency had precipitiously dropped.

I personally doubt it was any of those things. They would indicate logic, consistency, personal reflection, things that Trump doesn’t do. I think he did it to amuse himself because he likes being the talk of the world. He’s that kind of egomaniac.

I think Brian Tyler Cohen may posit it’s something else. He finishes:

Now comes the hopeful part: we’re wise to his plan.

There is a reason that the Trump administration suddenly rescinded the nomination of Elise Stefanik to be UN ambassador, fearing Republicans would lose a seat in a district that Trump won by 21 points in November. And they saw what happened in Wisconsin, where Trump-endorsed conservative candidate Brad Schimel lost by 10 points in a 50-50 state. And they saw what happened in Florida, where even though Democrats lost a pair of special elections, the races saw an average 16-point swing to the left. And on Saturday, they saw millions of Americans take to the streets to protest their overreach. This matters because this administration derives its power from the perception that it is untouchable and can act with impunity. The fact that Americans are standing up, turning out, and fighting back threatens their entire power structure. I know it doesn’t feel like we have much to celebrate, but I want to be clear: the energy, the momentum, and the enthusiasm is on one side right now, and it’s not Donald Trump’s.

Boy, I’d sure like to believe Mr. Cohen. But one thing my recent experience has taught me is, don’t get too hopeful.

That’s probably Trump’s plan: keep folks like me from getting too hopeful.

He’s diabolical in that way.

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Humpda’s Theme Music

The cat agrees with me. It’s a nice day to rest. Allergies have me nose snorking. My throat feels a little sore and inflamed. I wonder over whether it’s allergies or some other new diseases encouraged my Trump’s feckless management.

Trump is quite the feckless person these days, pivoting from idea to idea. Feels like we’re being guided by a two-year-old who is just discovering words.

Outside, the weather is better than my mood. Sunshine skips between clouds. It’s 50 F but feels warmer. Springier. A mild wind sometimes lashes nature into movement. It might touch 70 F today. I had plans but my whining side is undermining them.

I smirk as I read news of Trump supporters like Joe Rogan, Ben Shapiro, et al, barking and whining about Trump’s tariffs. Will he listen to the shitheels? Questionable. They encouraged him to be who he is. Supported him all the way. Told others to do the same. That’s probably confusing and irritating to puppy Trump and the pack. “Why’d you vote me in when I told you I would do this, only to turn around and tell me not to do that after I’ve been voted in?”

Painful as this is, we wouldn’t be enduring this pain if those people — those ‘influencers’ — thought more about what was going on and what was going to happen. But oh, no, eggs! So ‘pensive! Border! Fear! Kamala is a woman! Female POTUS — so scawy!

Now look at their worry and fear. Who let the dog out?

Reading these things, pondering them as coffee warms my throat, The Neurons bring “Mad World” by Tears for Fears into the morning mental music stream. That makes total sense.

Yes, coffee is warming me but it’s giving little comfort. Trump’s supporters are turning on him but that’s also offering little comfort. GOP reps are supposedly resisting Trump’s budget and tariffs. That gives me little comfort. They’ve proven themselves to be feckless and spineless. Like that Mitch McConnell, basically declaring with a pout, “Oh, no, he’s going too far.”

You created that monster, fool.

My wife passed “Death of the Author” to me after she finished reading it. She said, “You’ll thank me later.” I think I’ll go read a book.

Cheers

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Twosda’s Wandering Political Thoughts

I had an interesting exercise a short while ago. On a writing break to stretch my butt and water my mouth, I perused some NYT to chill before returning to my regular scheduled writing plan.

This really caught my attention. It’s the articles trending in the NYTimes. I noticed it when I finished reading an article about the Jeju aircraft crash that took place last December.

It’s quickly apparent that Trump’s moves are dominating stories at this venue. Ponder those titles. They reveal the divisiveness, uncertainty, and chaos Trump is causing. Those few stories that try to spin Trump’s actions as a ‘good thing’ are written by conservatives. Surprise, right?

BTW, that piece titled, “Opinion: Trump Has Everything Under Control” is the regular Gail Collins and Bret Stephens piece. It is not a positive piece about Trump.

Gail Collins: OK, Bret, I know you can’t tell the future, but give me a prediction. Will President Trump’s tariffs go down as one of the 100 worst decisions in presidential history? 50? 10?

Bret Stephens: As an economic matter, possibly the worst presidential decision ever. Say what you will about Herbert Hoover, but he was an honorable public servant who didn’t have the benefit of hindsight when he signed the Smoot-Hawley tariff into law in 1930. As a foreign policy matter, it’s at least in the top five worst. It’ll be a few months before we see the full consequences in terms of reciprocal tariffs, broken alliances, destroyed trust and an America that has dethroned itself from global economic leadership. And don’t be surprised if it leads to war, as global economic upheavals often do.

Other than that, Gail, it was a great week. Like millions of other Americans, I barely noticed losing a big chunk of my net worth. Can’t wait for all the price increases to kick in.

As for many other articles in this list, they often feature conservatives now bemoaning what Trump is doing to the United States and world economy. None of these stories were long. I read them all. What emerged to me was how many were still coping with Trump’s chaos as if this was a surprise. Come on, man, where were you people getting your news?

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