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Because of the SCOTUS ruling, tariff revenue to Feb 2026 was under $50bn.

https://budgetlab.yale.edu/research/tracking-economic-effects-tariffs

Even if he gets tariff revenue back on target, it will take ten years to make up the $5,000 per US citizen he pays out now, not including the $65bn p.a. interest he will pay on the borrowings for the $5,000. During which time the average US taxpayer is coughing up $820 per year for the tariffs:

Tracking the Impact of the Trump Tariffs & Trade War

But if tariffs were to actually work, the $1.4tn will never ever be paid back, as industries will have on-shored their production and tariffs will fall to zero, and instead of paying extra in the tariff tax people will be paying extra in prices for the cost of on-shoring – which I don’t deny is a good thing for national security and social cohesion.

Read about it on Twitter these people are insane. Sharpening knives and oiling guns in preparation

France Burns: Islamo-Marxist Unrest as Migrant Youths Set Schools on Fire, Douse Teachers in Gasoline, Hunt Police, and Hundreds Are Arrested

More on Tousi

Is this one reason the Dollar is so strong vs Euro

Near me. Registered and went. Did not get there early. Still long lines when I got there. Many got turned away when it filled up.
Glad there was a good turnout

He’s offered free money six times now and nothing came out of it. I’d rather keep throwing away my vote for libertarians from this point out. I don’t identify with either party. If we can impose limitations on people younger than 35 holding office, we definitely need it for people older than 65. I’m already forgetful enough at 55 years old. I still don’t get why Donnie Junior allowed some Russian to pay for his wedding. That’s messed up.

President Donald Trump on Monday reaffirmed that he is still aiming to send Americans a $5,000 dividend payment if Republicans win the November midterm elections.

“We’re taking in hundreds of billions of dollars of profits. It’s one of the reasons I can offer if Republicans win the House and the Senate, $5,000 to every adult,” Trump told reporters at the White House, citing his administration’s tariff policies.

Amid backlash against Flock cameras, Republican Sen. Josh Hawley is introducing the STOP Flock Abuse Act, which would enact significant restrictions on government use of mass surveillance cameras.

“Law-abiding Americans should not be treated like criminals,” Hawley said.

Hawley, moreover, has launched an investigation into Flock and other surveillance technology companies

Rates seem to help the SM and the dollar doesn’t bother it.

Hasn’t he just started a war?

Plan to introduce wealth tax on investors is axed in The Netherlands after critics declare it ‘insane’

https://www.dailymail.com/news/article-16174903/Plan-introduce-wealth-tax-investors-axed-Netherlands.html

It seems to me he is doing all of that.

Eom

Every time pm’s and the shares get their footing, the dollar takes another leg up.

But rates are down 4 bips. That’s odd to me.

These markets make less and less sense with each passing day.

Trillion dollar GOLD coin of course! 🙂

That’s the things I voted for all 3 times. Maybe he’s going to try for a third term. 🙂

I saw that ad on TV. They put Trump’s picture with it. I thought it was sarcasm at first. He’s done little of that list and he’s going on 2 terms.

I like the trillion dollar coin idea! 🙂

I know. Crazy

In God we trust, may our founding fathers guide men in responsible ways.

THE UNITED STATES GOVERNMENT JUST PUT THIS ON NATIONAL TELEVISION DURING THE NFL GAMES.

“This is the final battle with you at my side.
We will demolish the deep state.
We will expel the warmongers from our government.
We will drive out the globalists.
We will cast out the communists, Marxists, and fascists.
We will throw off the sick political class that hates our country.
We will rout the fake news media,
and we will liberate America from these villains once and for all.”

PAID FOR BY THE U.S. GOVERNMENT.

Not a campaign.
Not a PAC.
The actual United States government.

They’re not working us over anymore.
We’re working them over.

This is the final battle.
And it’s live on national TV.

https://x.com/raminrealtalk/status/2104338295547466031/video/1

I find this to be really interesting. How exactly is he going to do all this? How is it being paid for by the US government? I did see an article that Hegseth was getting rid of a lot of the top brass in the military.

It would take the military to do this because it would require mass arrests. Who is he talking about when he refers to the “warmongers”?

I find this to be rather bizarre for a campaign ad, and he’s not running this cycle.

Do you know if treasury and the administration can just unilaterally revalue gold or is that something that needs approval of Congress?

You can bet Dems will try to block anything he does.

edit:

Never mind, I asked Grok, the current price was set by statute in 1973. In order to revalue, Congress would have to amend the statute.

Bought Honey Badger Silver and P2 Gold

out for a bit

I agree. It’ll be interesting how high interest rates get before extraordinary measures are taken.

Only the shadow knows …

WarMonitor🇺🇦🇬🇧
@WarMonitor3
·
4h
The Pentagon has excluded Britain, France and the Baltic states from a NATO meeting on the future of the alliance in Poland according to Politico.

Wow…

Ipso – that bond chart doesn’t look very friendly does it? The only hope there is that the strangling debt forces Bessent to pull the trigger on a gold revaluation. They are not going to be able to make the debt payments for too much longer if this continues.

deer79 – thanks for the explanation. I know throughout history governments have always tried to devalue their way out of debt, so maybe that’s coming. The funny thing about the rise in the dollar is that it’s not making goods more affordable, like oil. The opposite of what it should be doing. Our import prices should be falling in a big way, auto’s, appliances, etc. but we’re not seeing it. It should be a lot cheaper to travel abroad, but I don’t think it is.

Interesting that the metals are sort of ignoring a half percent move up in the dollar today. Be nice if that were a sign of things to come.

OSZ
@OpenSourceZone
The Senate blocks legislation that would have banned members of Congress from trading stocks

Final Vote (60 votes needed):
🟢 Yes: 53
🔴 No: 47

Dem: 🟢 Yes: 0 | 🔴 No: 47
GOP: 🟢 Yes: 53 | 🔴 No: 0

Re Alladin …mny tks,,,never heard of it before.