I’m not an economist, but the way I thought at first that maybe due to sanctions, Russia wasn’t running a trade surplus with us, which seems to be the formula they used. But nope, that’s not the case. Russia just got a special deal for Trump’s special boy.

census.gov

Since it’s the beginning of baseball season, my sign for tomorrow (it’s really a foldout 34” x11”)

re: #5 Charles Johnson

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It’s a worse own-goal than Brexit. It’s pure insanity and Trump thinks it’s magical.

re: #6 Unabogie

Because he has an emotional disorder, and he made everyone talk about him.

The Gap between the U.S. and China is narrowing every day. What’s sad is that the goto country to measure the level of freedom in the U.S. is no longer western democracies, but authoritarian states; “at least we have it better than China!” That’s an awfully low bar.

Bluesky post

Bluesky post

I feel liberated from my retirement plans

On Lutnick’s complaint about EU restricting U.S. chicken imports: it’s not the chicken, it’s the chlorine wash.

One of the E.U.’s biggest concern is that “the use of antimicrobial treatments like chlorine washes compensates for poor hygiene behavior elsewhere in the supply chain (for example on farms)” (Glotz, 2020).

Because of the way commercial and CAFO (Confined Animal Feeding Operations) farms work, the chickens are sitting in their own feces everyday and never see day light.
fatmountainfarms.com

re: #9 jaunte

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As always, it’s two weeks away. Why would anyone want to spend $5 million to become a US citizen now?

re: #9 jaunte

He might be taking questions but is he giving any answers?

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Just getting started.

re: #18 jaunte

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Just getting started.

“Short term pain, long term gain! ANY DAY NOW!!!”

re: #15 It’s a Mad World

As always, it’s two weeks away. Why would anyone want to spend $5 million to become a US citizen now?

Bunch of White South Africans get priority!

Good luck with that

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re: #21 goddamnedfrank

Good luck with that

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She was my congressperson for one term before being dispatched by Janelle Bynum. Funny thing was that she ran as a moderate. So odd how they keep flipping off the mask once that’s no longer helpful.

re: #5 Charles Johnson

Trump owns the 10 worst point drops in DJIA history (thanks primarily to his shitty covid response, and now his dumbfucking trade war). 11 of 20 worst.

On percentage terms, he’s also in the WH for 3 of the 20 worst percentage drops, which is a better way to visualizing the losses given the market is much larger than it was in the 1990s and 2000s.

Awful performance to be sure, but the markets also bounced back on those losses (he has 3 of the biggest percentage gains).

re: #21 goddamnedfrank

Good luck with that

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Look, we’re gutting OSHA requirements and other worker protections. We’ve got to get the garment factories back if we hope to have another Triangle Shirtwaist-like incident.

re: #21 goddamnedfrank

Especially since Trump just made a deal with Vietnam.

re: #25 lawhawk

Trump owns the 10 worst point drops in DJIA history (thanks primarily to his shitty covid response, and now his dumbfucking trade war). 11 of 20 worst.

On percentage terms, he’s also in the WH for 3 of the 20 worst percentage drops, which is a better way to visualizing the losses given the market is much larger than it was in the 1990s and 2000s.

Awful performance to be sure, but the markets also bounced back on those losses (he has 3 of the biggest percentage gains).

Problem being, of course, that you need an 11% gain to get back to even from a 10% loss.

re: #27 Belafon

I have altered the deal. Pray I don’t alter it any further. /vader

re: #21 goddamnedfrank

Good luck with that

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This is what they will need child labor for.

re: #29 lawhawk

I have altered the deal. Pray I don’t alter it any further. /vader

Is he threatening Americans or Vietnamese?

re: #31 Belafon

Is he threatening Americans or Vietnamese?

Yes

Let them eat tariffs "As stocks slide... #Trump speaking at mil/person candlelight dinner at MaL...for super PAC that supports Trump MAGA Inc can raise unltd $ but barred from coord directly w Trump's camp'n. Fine print..pres=guest spkr, not soliciting donations" www.cbsnews.com/news/trump-h...

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— @GottaLaff (@gottalaff.bsky.social) April 4, 2025 at 3:57 PM

"Kennedy's team requested that Marks turn over data on cases of brain swelling and deaths caused by the measles vaccine--data that Marks said doesn't exist because there have been no such confirmed cases in the U.S." www.wsj.com/health/healt...

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— Carl Zimmer (@carlzimmer.com) April 4, 2025 at 3:42 PM

re: #22 Unabogie

She was my congressperson for one term before being dispatched by Janelle Bynum. Funny thing was that she ran as a moderate. So odd how they keep flipping off the mask once that’s no longer helpful.

Also note that 17 Dems voted to confirm her (but neither of the two from Oregon—kind of tells you something)

re: #27 Belafon

Especially since Trump just made a deal with Vietnam.

There is no actual deal, just Trump saying there’s an agreement to hold future talks over the potential of a deal.

re: #21 goddamnedfrank

Good luck with that

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Who exactly do they think would work in these factories after they deport all the immigrants?

Bluesky post

Shut the fuck up, Larry.

re: #37 goddamnedfrank

There is no actual deal, just Trump saying there’s an agreement to hold future talks over the potential of a deal.

So kind of a concept of a plan of a deal?

“…McKinley was president during a generally favorable atmosphere for heavy industry, allowing for the creation of many monopolies that would come to dominate the economy despite his efforts to publicly condemn them. McKinley was assassinated in 1901, less than a year after securing a second term.”

finance.yahoo.com

re: #40 Eclectic Cyborg

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Shut the fuck up, Larry.

S&P and NASDAQ lost nearly 6% of their value today, and the Dow lost 5.5% today. That is a shit ton of money that evaporated.

re: #43 It’s a Mad World

S&P and NASDAQ lost nearly 6% of their value today, and the Dow lost 5.5% today. That is a shit ton of money that evaporated.

And that’s just American markets. An insane amount of money was wiped out worldwide by the mango menace today.

re: #40 Eclectic Cyborg

When someone has to describe a rational response to chaos as a “tariff tantrum,” you know he’s lying to his audience.

re: #46 jaunte

“Visitors were having a bullet tantrum as they ran away from the shooter.”

re: #5 Charles Johnson

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And Tesla’s Head of Software bailing out after 12 years.

Insiders know what’s coming, and it isn’t pretty. They know they have an absolute Loon as CEO.

re: #53 Wendell Zurkowitz ((slave to the waffle light))

Which is about what, one tenth of what he made during Covid?

I can see Trump triggering another pandemic because the big winners from last time just so happened to be the oligarch class (Musk, Bezos, etc).

Here’s the issue with gloabalism that is not being addressed:

It is one thing to copete on labor: that is our incentive to work smarter and more efficiently, which we do well.

But we are competing on the world market with countries who have almost nothing in the way of environmental, health or safety regulations, or do not enforce the ones they have in place.

We cannot compete with that and still maintain healthy standards in our own country. IN that respect, we are shooting ourselves in the foot because we are giving these other countries absolutely no reason to clean up their act.

If we are going to institute tariffs, let them reflect the cost differential of them producing goods up to US standards of environmental protection along with workers’ health and safety.

It appears this is the fourth worst back to back day for the DJIA in American history with a two day combined -8.65% loss, only trailing the 1929 crash, 1987 Black Monday, and the 2008 crisis.

— (@mattmfm.bsky.social) Link

re: #48 jaunte

The Post’s report, quoting two White House sources, said Trump “personally selected” the formula, which “bears some striking similarities to a methodology published by Peter Navarro, Trump’s hard-charging economic adviser.”

That same article quoted a White House official with knowledge of Trump’s thinking, who said, in reference to the president, “He’s at the peak of just not giving a f—- anymore. Bad news stories? Doesn’t give a f—-. He’s going to do what he’s going to do.”

It’s the worst possible combination of conditions: We’re left with a bad policy, based on a bad formula, embraced by indifferent officials who don’t know what they’re doing, but who are in positions of enormous power.

re: #57 Charles Johnson

(Once again, I hate not being able to share posts):

“So what do we call it? Orange Friday?”

re: #55 Wendell Zurkowitz ((slave to the waffle light))

Here’s the issue with gloabalism that is not being addressed:

It is one thing to copete on labor: that is our incentive to work smarter and more efficiently, which we do well.

But we are competing on the world market with countries who have almost nothing in the way of environmental, health or safety regulations, or do not enforce the ones they have in place.

We cannot compete with that and still maintain healthy standards in our own country. IN that respect, we are shooting ourselves in the foot because we are giving these other countries absolutely no reason to clean up their act.

If we are going to institute tariffs, let them reflect the cost differential of them producing goods up to US standards of environmental protection along with workers’ health and safety.

The Trump Administration has solved that problem. The federal government is no longer going to enforce any of our environmental, health and safety regulations!

re: #61 Charles Johnson

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At least billionaires would have more money to spend on tariffed goods, amirite?

re: #63 It’s a Mad World

The Trump Administration has solved that problem. The federal government is no longer going to enforce any of our environmental, health and safety regulations!

Except they are deporting all the cheap labor.

re: #65 Mike Lamb

Except they deporting all the cheap labor.

The white children will become cheap labor, and the black children will be expendable cheap labor.

re: #21 goddamnedfrank

Breaking down that chyron.

DOGE got rid of 250,000 well paying jobs.

Private enterprise created 475,000 poorly paid jobs, which are worked by 225,000 people.

Net balance! 225,000 jobs! Hooray for our Glorious Leader Trump!

re: #58 Charles Johnson

Down 2231 points today. JFC.

i said yesterday traders were not possibly going into the weekend long in stocks. there’s just no way to know what the mad king will do over any given weekend to make a bad situation even worse.

re: #67 Romantic Heretic

Breaking down that chyron.

DOGE got rid of 250,000 well paying jobs.

Private enterprise created 475,000 poorly paid jobs, which are worked by 225,000 people.

Net balance! 225,000 jobs! Hooray for our Glorious Leader Trump!

If job numbers remain the same in April, I will suspect there is some funny math going on. I received a news blurb that stated there were more layoffs in the first 3 months of 2025 than at any time since the first quarter of 2009—largely stemming from DOGE. It is simply not possible for the private market to absorb those kinds of numbers.

re: #69 Mike Lamb

If job numbers remain the same in April, I will suspect there is some funny math going on. I received notice that there were more layoffs in the first 3 months of 2025 than at any time since the first quarter of 2009—largely stemming from DOGE. It is simply not possible for the private market to absorb those kinds of numbers.

They are firing all the people in charge of collecting and processing statistics while at the same time changing the standards by which they are assessed and presented.

re: #70 Wendell Zurkowitz ((slave to the waffle light))

Hey! With the right statistics I can prove Rhode Island is bigger than Texas.

re: #58 Charles Johnson

Down 2231 points today. JFC.

Are we tired of winning yet? 🙄

re: #72 Romantic Heretic

Hey! With the right statistics I can prove Rhode Island is bigger than Texas.

re: #77 Charles Johnson

And that’s not going to happen until states like Wisconsin, North Carolina, Texas, and Florida stop voting for Republicans because we’re going to need way more than a simple majority for way longer than two years.

And yet, I see almost no discussion of this in the media. Lots of talk about how to fix things without ever considering this *essential* first step. If the US doesn't find a way to put this entire criminal administration on trial and let the whole world see it, nothing will ever fix this.

— (@charles.littlegreenfootballs.com) Link

re: #81 Eclectic Cyborg

I wonder what the odds are on the market tanking again on Monday?

He’s got two days to really screw things up.

re: #81 Eclectic Cyborg

Being brutally honest, even money.

re: #9 jaunte

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I’m sure Trump just forwards the 5mil fees to the Treasury Dept.
Question: Do we still have a Treasury Department??? Just asking for a friend.

re: #87 Semper Fi

I’m sure Trump just forwards the 5mil fees to the Treasury Dept.
Question: Do we still have a Treasury Department??? Just asking for a friend.

Yes, it is Onle Skum’s slush fund. He’s going to invest in crapto. (that was not a typo)

re: #89 Backwoods Sleuth

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Welcome, hatchlings.

re: #21 goddamnedfrank

Yeah, pay people $3000 a year to work in a sweatshop, that will happen….LOL

The bottom post was made almost exactly right as the markets closed.

re: #94 Eclectic Cyborg

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The bottom post was made almost exactly right as the markets closed.

Is that the one where they blabbed about the attack before it happened? Also, these people are sickos, man. I will never understand getting a boner over deaths.

re: #86 Vicious Babushka

Welp I checked my portfolio and it’s down, but not by as much as I expected. This is because at the end of last year I had my financial advisor put everything into the most conservative indexed funds available. And yesterday I got an email from them imploring investors not to panic.

Was it signed Jim Cramer?

Ramageous [ruh-MAY-juhs] (adj.) - High-spirited. - Boisterously or violently uncontrollable. - Of an animal; wild, untamed, violent; in rut. Used in a sentence: "As coquettish as Glendynia thinks herself to be, the ramageous malapert is quite ostrobogulous with her coiffure all aflunters!"

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— Grandiloquent Word of the Day (@grandiloquentwords.bsky.social) April 4, 2025 at 5:38 PM

re: #104 BigPapa

Did grandpa have any tattoos or gang affiliations?

NOLA SAINTS on his left arm. Gang Banger….

re: #98 Backwoods Sleuth

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Bluesky post

re: #83 goddamnedfrank

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It is wild watching them try to sell that things being more expensive is a good thing.

Of course the Nazi is blaming the Wall Street meltdown on Joe

I knew this was coming. Trump's puppet Stephen Miller says the problems with the economy thanks to tariffs are Biden's fault. He false asserts, " There has been zero jobs growth for American workers in four years." More of the Big Lie from authoritarians.

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— Freeminds (@freeminds.bsky.social) April 4, 2025 at 3:05 PM

Everyone in this administration is a motherfathering liar.

DHS official Tricia McLaughlin claims on Fox News that the Maryland father who the administration mistakenly sent to an El Salvador gulag is "a member of MS-13 who was involved in human trafficking." (There is no evidence for either of these claims.)

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— Aaron Rupar (@atrupar.com) April 4, 2025 at 12:33 PM

re: #96 Backwoods Sleuth

Sarah Inama, a world civilization teacher at Lewis and Clark Middle School, said district administrators told her in February to take down two signs because they “don’t allow people to express differing opinions” and are “controversial in today’s political climate,” the Idaho Statesman reported. One sign says “Everyone is welcome here,” above hands with different skin tones, and another says, “In this room, everyone is welcome, important, accepted, respected, encouraged, valued,” with each word highlighted in a different color

Insert desk flipping emoji here 🤬

Frank Bisignano Ringing The Closing Bell At The New York Stock Exchange Yesterday—He’s Trump’s pick to kill Social Security.

In a first for the Ivy League school, Columbia's new officers have the same powers of warrantless search and arrest as any other police officer under New York law. The state law permits the officers to use "physical force and deadly physical force in making an arrest or preventing an escape."

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— jon ben-menachem (@jbenmenachem.com) April 4, 2025 at 5:13 PM

re: #113 Rightwingconspirator

So everywhere but Russia got tariffs? Is there better proof anywhere they got their hooks in him? Wow.

I think North Korea also got a pass. So random, right?

re: #110 Joe Bacon ✅

Everyone in this administration is a motherfathering liar.

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And any pushback from the Fox liars?

re: #118 Backwoods Sleuth

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I’ll be real curious to see polls of economic confidence, by party, at the end of April. No matter how bad this goes, I predict Trumpers will think the economy is booming.

re: #122 Backwoods Sleuth

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Give me your tired, your poor, your huddled masses yearning to breathe free…

re: #122 Backwoods Sleuth

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Uh huh, sure.

“In error.”

🙄

re: #81 Eclectic Cyborg

I wonder what the odds are on the market tanking again on Monday?

there may or may not be a dead cat bounce in here at some point. I’m just resigned to holding what I’ve got through yet another clusterfuck of a trump presidency. This moron is going to cost me 8 years of my investing life, which I don’t really have to give at this point.

re: #86 Vicious Babushka

Welp I checked my portfolio and it’s down, but not by as much as I expected. This is because at the end of last year I had my financial advisor put everything into the most conservative indexed funds available. And yesterday I got an email from them imploring investors not to panic.

yeah, I’m in the absolutely most conservative set of stocks one could hope for, and today was still a slaughter. A falling tide wrecks all boats.

re: #126 Backwoods Sleuth

How does this work if we’re paying Bukele to hold people?

Bluesky post

They’re doing the bit from Sartre’s Antisemitism again.

re: #128 The Ghost of a Flea

How does this work if we’re paying Bukele to hold people?

Couldn’t they tell them no more payments? We’ll be by to pick up the prisoner tomorrow? Or do they think the prison is a self-sustaining slave colony? Because it might just be.

re: #98 Backwoods Sleuth

I am still in shock that Cubans got the same axe as Haitians, Venezuelans and other asylum seekers. They vote Republican. They always had a special status amongst immigrants. But here we are.

re: #109 Joe Bacon ✅

Of course the Nazi is blaming the Wall Street meltdown on Joe

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In less than 12 months, MAGAts will 100% swear on their grave that the market crashed under Biden.