The “loser” can’t reconcile his losses to Biden and Obama so he keeps bringing up voter fraud. His legislative “tricks” to alter our national voting, immigration are based on actions and speeches used during WWII by Himmler and Goebbels. As Voters we need to ignore the B.S. and remember the facts of our history. Politics is a mechanism to promote ideas that are not universally welcome to all voters. Religion and Race have nothing to do with a well-run government since it takes ALL of the “melting pot” to produce the country we live in.
Comments Off on Netanyahu” warmonger#1, Trumpelstilskin mini warmonger
I am thinking Trumpelstilskin is a useful tool for “Bibi” to try to give legitimacy for attacking Iran. The “smart” man who leads(?) the USA is definitely a pawn for anyone he perceives as a strong leader of their country. He wants to emulate them but does not have the knowledge or ability to do it. It takes an entire team of people to wage a successful war and we don’t have that. Trumpel is more a follower than a leader. A successful cook can only stir one pot at a time.
Comments Off on Colubrid strikes out at Bill Maher after Whitehouse Dinner?
After praising and having dinner with TV host Bill Maher, Trumpelstilskin wrote a string of texts: HBO’s Bill Maher tore into President Donald Trump for going on a social media rant about him while the country is in the middle of a war with Iran. Maher, 70, criticized Trump, 79, for posting a barrage of abusive messages toward him in the middle of updating the American people on the Iranian war.
The obvious madness of Trumpelstilskin is on full display. Being a draft dodger negates any military acumen he perceives as his right in the Oval Office. The “strongmen” of the world always pick on people with little to no ability to resist. It appears to me that Iran appears more than capable of striking back and has. The “war “is about Iran backing bad actors in the region which was manageable through negotiation with capable people. Now in spite of killing the leaders of Iran, the people are suffering more as bombs drop on them exacerbating their already deplorable conditions and leaving a leadership vacuum. There are 90 million people with no leadership to rebuild the country. Trumpelstilskin and NotYETAYahoo have criminal liabilities hanging over their heads and using unjust aggression to deflect from their criminal acts. I believe this is a UN and NATO issue since the once touted righteous United States is not looking that good. On the sidelines (for now) Purin and Cina are looking for ways in to strengthen their positions in the world and letting the Us and Israel blacken their nations names. Are you pissed off yet?
Trump’s chief bigot, Stephen Miller, said on Fox News this month that immigrants to the United States bring problems that extend through generations.
“With a lot of these immigrant groups, not only is the first generation unsuccessful,” Miller claimed. “You see persistent issues in every subsequent generation. So you see consistent high rates of welfare use, consistent high rates of criminal activity, consistent failures to assimilate.”
In fact, the data show just the opposite. The children and grandchildren and great-grandchildren of most immigrants are models of upward mobility in America.
In a new paper, Princeton’s Leah Boustan, Stanford’s Ran Abramitzky, Elisa Jácome of Princeton, and Santiago Pérez of UC Davis used millions of father-son pairs spanning more than a century of U.S. history to show that immigrants today are no slower to move into the middle class than immigrants were a century ago.
In fact, no matter when their parents came to the U.S. or what country they came from, children of immigrants have higher rates of upward mobility than their U.S.-born peers.
Stephen Miller’s great-great-grandfather, Wolf-Leib Glosser, was born in a dirt-floor shack in the village of Antopol, a shtetl in what is now Belarus.
For much the same reasons my great-grandparents came to America — vicious pogroms that threatened his life — Wolf-Leib came to Ellis Island on January 7, 1903, with $8 in his pockets. Though fluent in Polish, Russian, and Yiddish, he understood no English.
The family settled in Johnstown, Pennsylvania, a booming coal and steel town, where they rose from peddling goods to owning a haberdashery and then owning a chain of supermarkets and discount department stores, run by Sam and Sam’s son, Izzy (Stephen Miller’s maternal grandfather).
Two generations later, in 1985, came little Stephen — who developed such a visceral hate for immigrants that he makes up lies about them that have no bearing on reality.
In a little more than 11 months, Stephen and his boss have made sweeping changes to limit legal immigration to America.
On his first day back in office, Trump signed an executive order declaring that children born to undocumented immigrants and to some temporary foreign residents would no longer be granted citizenship automatically.
The executive order, which was paused by the courts, could throw into doubt the citizenship of hundreds of thousands of babies born each year. Miller and his boss want the Supreme Court to uphold that executive order.
After the horrific shooting of two National Guard members on November 26 by a gunman identified by authorities as an Afghan national, Trump halted naturalizations for people from many African and Middle Eastern countries.
Trump is also threatening to strip U.S. citizenship from naturalized migrants “who undermine domestic tranquillity.” He plans to deport foreigners deemed to be “non-compatible with Western Civilization” and aims to detain even more migrants in jail or in warehouses — in the U.S. or in other countries — without due process.
In addition to the unconstitutionality of such actions, they stir up the worst nativist and racist impulses in America — blaming and scapegoating entire groups of people.
As they make their case to crack down on illegal and legal immigration, Miller and Trump have targeted Minnesota’s Somali community — seizing on an investigation into fraud that took place in pockets of the Somali diaspora in the state to denounce the entire community, which Trump has called “garbage.”
Let’s be clear. Apart from Native Americans, we are all immigrants — all descended from “foreigners.” Some of our ancestors came here eagerly; some came because they were no longer safe in their homelands; some came enslaved.
Almost all of us are mongrels — of mixed nationalities, mixed ethnicities, mixed races, mixed creeds. While we maintain our own traditions, we also embrace the ideals of this nation.
You can go to Japan to live, but you cannot become Japanese. You can go to France to live and not become a Frenchman. You can go to live in Germany or Turkey, and you won’t become a German or a Turk. But … anybody from any corner of the world can come to America to live and become an American. A person becomes an American by adopting America’s principles, especially those principles summarized in the “self-evident truths” of the Declaration of Independence, such as “life, liberty, and the pursuit of happiness.”
Reagan understood that America is a set of aspirations and ideals more than it is a nationality.
Miller and Trump want to fuel bigotry. Like dictators before him, Trump’s road to tyranny is paved with stones hurled at “them.” His entire project depends on hate.
America is better than Trump and his chief bigot.
We won’t buy their hate. To the contrary, we’ll call out bigots. We won’t tolerate intolerance. We’ll protect hardworking members of our community. We’ll alert them when ICE is lurking.
We will not succumb to the ravings of a venomous president who wants us to hate each other — or his bigoted sidekick.
Comments Off on All Been Said Before But Nothing Happens!
The United States has again reached a crossroad where good evil meet. The last time much like this one it was about economics- granted that there were and still are personal freedoms involved, and a national split occurred aka a “CIVIL WAR”. There are still remnants of that event remaining after 100 plus years, but many Americans have thankfully moved and some unfortunately have not! Now we have one if not the worst national leaders since Andrew Jackson. The difference is that we as a country have grown up intellectually (mostly) but that intellect has sometimes been rooted in the same biases from long ago. There has been a coopting of certain words and sayings as being Anti American, leftist, rightist or any of several “buzzwords” and sayings. One of the most recent is “DEI” also known as “Diversity, Equity, Inclusion”. I have tried hard to define or find a definition of this as a Radical, left Wing, right wing or Racist trope. It is nowhere close to the names or definitions used behind closed doors of our current Government. The current “Caligula” is as evil and self-centered as the original but multiplied by a cohort of sycophantic power grabbers who will be remembered in history for their evil deeds. How many can name or spell the names of the Nazi perpetrators of the death camp activities that led to millions being murdered? There are similarities to several of those activities to present day that gather people across the country, send them to other cities, state, and counties at the expense of the taxpayer (US!). Now there is a move to create camps (alligator Alcatraz, in Florida) that can house “illegal” migrants. It should be remembered that many migrants work here seasonally only, and many are awaiting asylum hearings but need to work to provide for their families yet they are swept up in ICE raids and incarcerated without due process.
Comments Off on Trampling out the vintage= fighting evil
The few words recognizable from the “battle Hymn of the Republic” tell us that we need to keep fighting against the evils of the current Politics and administration. If your elected officials (the ones you voted for) are standing up for you, the next step is vote them out whenever the next election cycles arrive. The voters need to get out of their own way and vote for people who will work for you. You should keep in mind that electing anyone new is a crap shoot, but we have to keep playing since it’s the only game in town, especially if you are unwilling to get informed on facts.
Over the time I have written this blog and passed on writings from others, it is hard for me to believe even though I see and hear it daily that MAGA is still blind to the effects “their savior” has wrought upon them and everyone else including the incursions in our Worldwide partners’ affairs. You (his supporters) were “warned” and informed about what he would do if elected. Trumpelstilskin had done just what he said but at the expense of international partnerships, health and wellbeing of the United States and it’s territories. We have forgotten how the rise of “Hitlerism aka facism began as a seemingly benign but passionate plea for support by a person who essentially was out for revenge and used the dissatisfaction and otherness of the populace to further his evil, self-centered agenda.
The historical facts show how the entire civilized world was drawn into conflict because one person managed to convince so many that someone else was responsible for their ills. We are now poised to fall into anarchy because of the failure of our elected official’s weaknesses. Now is the time to push your elected representatives to oust this menace to the voters and the free world. His Self-serving narcissism coated in blatant lies and ill-conceived ideas of what should be. What we have is a “Concept” of a Democracy based on what can be stolen from the citizens under the guise of tariffs and an attempted ill-conceived lowering of interest from the FED.
This is not a “MOVIE PLOT”, this is the reality of electing a Incompetent “deal maker”, who has bullied his way to the top Government office by:”othering”!
Comments Off on How will a fed rate drop impact me?
Economy built by Trumplestilskin.ma
A Federal Reserve rate drop can have several impacts on your finances, depending on your financial situation and the types of loans or savings you have. Here’s a breakdown of how it might affect you:
1. Borrowing Costs Decrease 📉
Mortgages: If you’re looking to buy a home or refinance, a rate cut can lead to lower mortgage rates. For instance, the average 30-year fixed mortgage rate recently dropped to around 6.27%, down from higher levels earlier in the year. This can make home buying more affordable 12.
Auto Loans and Personal Loans: Rates for car loans and personal loans may also decrease, making it cheaper to finance a vehicle or other purchases 34.
2. Credit Card Rates May Not Change Much 💳
Unfortunately, credit card rates tend to be sticky and may not drop significantly. The average credit card interest rate is around 20%, and a quarter-point cut might not provide much relief for those carrying balances 23.
3. Savings Accounts Yield May Decline 💰
If you have money in high-yield savings accounts or CDs, you might see lower interest rates as banks adjust to the Fed’s rate cut. This means your savings could earn less over time 34.
4. Economic Growth Potential 🌱
Lower rates are intended to stimulate economic growth by encouraging spending and investment. This could lead to job creation and a more robust economy, which benefits everyone in the long run 15.
In summary, if you’re a borrower, you might benefit from lower rates on loans, but if you’re a saver, you could see reduced returns on your savings. It’s a mixed bag, but overall, the goal of the Fed’s rate cut is to support economic growth and stability.
China is hurtling towards a record $1.2 trillion trade surplus.
(Bloomberg) — President Xi Jinping’s export engine has proved unstoppable during five months of sky-high US tariffs, sending China toward a record $1.2 trillion trade surplus.
With access to the US curtailed, Chinese manufacturers have shown they aren’t backing down: Indian purchases hit an all-time high in August, shipments to Africa are on track for an annual record and sales to Southeast Asia have exceeded their pandemic-era peak
That across-the-board surge is causing alarm abroad, as governments weigh the potential damage to their domestic industries against the risk of antagonizing Beijing — the top trading partner for over half the planet.
While so far only Mexico has hit back publicly this year — floating tariffs as high as 50% on Chinese products including cars, auto parts and steel — other countries are coming under increasing pressure to act. Indian authorities have received 50 applications in recent weeks for investigations into goods dumping from nations including China and Vietnam, according to a person familiar with the matter who asked not to be identified as the information isn’t public. Indonesia’s trade minister pledged to monitor a deluge of goods, after viral videos of Chinese vendors touting plans to export jeans and shirts for as little as 80 US cents to major cities caused an outcry.
For all the pain, the chances of more meaningful action are limited. Countries already embroiled in tariff negotiations with the Trump administration appear reluctant to take on a separate trade war with the world’s second-largest economy. That’s giving Beijing breathing room from US levies at heights economists previously predicted would halve the nation’s annual growth rate.
“The subdued response is probably informed by ongoing US trade negotiations,” said Christopher Beddor, deputy China research director at Gavekal Dragonomics. “Some countries may not want to be seen as contributing to a breakdown in the global trading system. Some may also be holding back on tariffs against China in order to offer them as concessions to the US during their own trade negotiations.”Officials shielding their economies from Beijing are treading carefully. South Africa’s trade minister has advised against punitive tariffs on Chinese car exports — which nearly doubled this year — and is instead seeking more investment. Chile and Ecuador are quietly imposing targeted fees on low-cost imports, after Chinese e-commerce giant Temu’s monthly active users in Latin America soared 143% since January. While Brazil has threatened more aggressive retaliation, this summer it gave China’s biggest electric car maker, BYD Co Ltd, a tariff-free window to ramp up local production.
A BYD Brazil factory under construction in Camacari, Brazil in January. Photographer: Tuane Fernandes/Bloomberg
Beijing is using both diplomatic charm and economic threats to prevent countries from taking outright retaliation. Earlier this month, China’s president rallied BRICS nations to forge a united voice against protectionism during a leaders’ call of the bloc, while Commerce Ministry officials have warned Mexico to “think twice” before acting, making clear such steps will have recriminations. Adding to the risks, Trump is pressuring NATO nations to impose tariffs up to 100% on China over its support for Russia. Chinese officials say their trade with the world is within reasonable bounds and that Beijing isn’t out to dominate global markets. “When there’s demand from abroad, China exports accordingly,” Vice Finance Minister Liao Min said in July. The state-run People’s Daily newspaper on its social media account last month hit back against Western criticisms of “dumping,” arguing that China’s exporters don’t sell below cost. If Trump does corral other countries to gang up on China, it’ll make dealing with internal challenges such as a prolonged property crash and an aging population harder, according to Chang Shu and David Qu of Bloomberg Economics. “Beijing will likely hit back with reciprocal tariffs immediately, but that risks alienating partners at a time when it critically needs allies,” they said. “Over time, it may also encourage firms to localize production in partner countries.”
While Chinese exporters are defying the odds, surging trade isn’t making them richer — or helping the nation’s domestic issues. Profits at industrial firms fell 1.7% in the first seven months, as manufacturers trying to reduce overcapacity at home under Xi’s “anti-involution” drive slashed prices to sell more overseas. That’s only worsening China’s sticky deflation, on track for its longest spell since the country began opening up in the late 1970s.
The export explosion could also undermine Beijing’s efforts to rebalance its economy toward stimulating consumption — defying foreign officials such as US Treasury Secretary Scott Bessent, who has urged Beijing to make boosting the Chinese consumer a pillar of its blueprint for the next half-decade. China’s policy document outlining those plans will be in focus in the coming weeks at a key Communist Party meeting.
For Xi, the risks might just be worthwhile. Showing the world China doesn’t need the US consumer strengthens his hand going into a high-stakes meeting with Trump at a summit in South Korea. The world’s biggest economies are still hashing out a possible trade deal, with a 90-day pause on tariffs as high as 145% currently keeping the peace.
China Shock 2.0
Even before Trump stunned the world with America’s steepest tariffs since World War II in April, emerging markets at risk of shedding millions of manufacturing jobs were worried about a glut of Chinese goods. Indonesia’s previous president threatened a 200% tariff to protect local industry, while Brazil has hiked duties on Chinese steel. Even Vietnam took temporary action against Chinese online retail giants that undercut local sellers.
Ultimately, it’s been hard for foreign leaders to protect their economies from China’s vast fleet of factories.
“Protectionism from the US and other countries has turned into a paper tiger because Chinese exporters are extremely competitive,” said Arthur Kroeber, head of research at Gavekal Dragonomics. They “can absorb some of the tariff hit and also have plenty of workarounds through transshipment and relocating late-stage production to lower-tariff countries.”
China’s trade surplus last year was almost $1 trillion and is on track to exceed that in 2025, based on Bloomberg calculations.
Cambodia’s central bank governor Chea Serey was candid about the balancing act smaller economies reliant on Beijing are having to perform. “We do import a lot from China,” she told Bloomberg Television earlier this month, when asked about Chinese dumping. “We also rely a lot in terms of foreign direct investment from China.”
While a rise in shipments to Vietnam suggests some goods destined for US shores and other places are being re-routed to bypass Trump’s wall of tariffs, that’s only part of the picture. Demand for China’s world-beating, high-tech innovations helped drive much of the recent traffic. Rising sales to wealthy markets in Europe and Australia also indicate Beijing simply found new buyers for many products.
India shows how Trump’s redrawing of the global trade map is benefiting Beijing in new ways. Exports to China’s neighbor hit a record $12.5 billion last month, driven largely by Apple Inc.’s suppliers rapidly shifting output of iPhones to India from its Asian neighbor. Those companies, however, still depend on parts and tooling made mostly in China.
In July, Chinese firms shipped almost $1 billion worth of computer chips to India and billions of dollars more worth of phones and parts, according to data released by Beijing. That puts exports on track to exceed last year’s record, with the value of shipments so far this year almost as large as the whole of 2021.
“China has performed better than expected in the first half,” JPMorgan Chase & Co.’s chief India economist Sajjid Chinoy told Bloomberg Television. “Some of this is the fact that China has very cleverly found other export markets, including Europe, which has been a key hedge to slowing exports to the US.”
Read more on Chinese trade:
China Exports to US Slump 33% But Trade Surplus Heads for Record
China Pours Exports Into Africa Faster Than Anywhere Else
A Chinese E-Commerce Glut Is Meeting Resistance in Latin America
Shanghai’s Yangshan Deepwater Port in May.Photographer: Qilai Shen/Bloomberg
A weaker currency gave China another edge. The yuan has depreciated along with the dollar against currencies such as the euro. Macquarie Bank previously estimated the yuan’s real effective exchange rate — which accounts for inflation differentials between a nation and its main trading partners — was at the weakest level since December 2011.
And the Federal Reserve’s rate cut this month could drag the dollar and possibly the yuan down further, boosting both global demand and also the competitiveness of Chinese exports.
For all the consternation around the world, the glut of goods cascading from China won’t be easy to stop. Chinese electric car exports have continued to power ahead despite steps by the US and Canada to curb them with punitive tariffs and bans.
In the first seven months of this year, carmakers such as Nio, BYD and Xpeng Inc. exported more than $19 billion worth of electric-powered vehicles, about the same as in the same period last year, with Europe being the largest market even after the EU imposed tariffs last October.
China’s in a better position than many other countries to find alternative markets to the US, according to Adam Wolfe of Absolute Strategy Research. Its analysis shows there’s almost a 50% overlap between what China sold to the US and what it exports to BRICS nations, suggesting much of what America no longer buys can be shipped to other markets.
“China’s shown this ability to move into other markets and get market share abroad and that probably continues,” said Wolfe. “I don’t know that China is going to see a contraction in exports over the rest of the year.”
–With assistance from Shruti Srivastava, Philip Heijmans, Claire Jiao, Haslinda Amin, Linda Lew, Ntando Thukwana, Andy Lin and Alex Vasquez.
(Updates with details on China’s trade surplus this year.)
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