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| Source:Meidas Touch with a look at The Crazy Don. With any luck... perhaps with all the luck in the world, the President will be too happy in Bedminster to ever come back to Washington. |
From the Medias Touch
From NPR News:
"A federal judge has temporarily blocked the Trump administration's move to revoke Harvard University's ability to enroll international students.
Harvard filed the lawsuit on Friday morning, just a day after the Department of Homeland Security said it would terminate the school's certification that authorizes it to enroll international students and scholars.
People walk through a gate as they exit Harvard Yard on the campus of Harvard University in Cambridge, Mass. Trump administration revokes Harvard's ability to enroll international students
According to the university's complaint, this revocation is a "blatant violation of the First Amendment," and a retaliation against Harvard for rejecting "the government's demands to control Harvard's governance, curriculum, and the 'ideology' of its faculty and students."
Before Federal Judge Allison Burroughs issued the temporary restraining order, DHS told currently enrolled visa holders that they "must transfer to another university in order to maintain their nonimmigrant status." Harvard has nearly 7,000 international students, which make up roughly 27% of the student body...
From NPR News
"Fox News co-anchor Bill Hemmer confronted Treasury Secretary Scott Bessent on Friday about concerns that President Donald Trump's "big, beautiful bill" could add trillions of dollars to the nation's debt.
Newsweek has reached out to the U.S. Treasury for comment via email.
Why It Matters
The legislation extended Trump's 2017 tax cuts, reducing taxes for individuals and corporations and adding new exemptions for tipped workers and overtime pay.
The nonpartisan Congressional Budget Office (CBO) estimated the bill would add $3.8 trillion to the national debt over the next 10 years, drawing criticism from Democrats and some Republicans who warn the spending cuts included in the bill would be insufficient to pay for the tax cuts and other spending priorities. The potential increase to the country's $36.2 trillion deficit was the primary source of opposition from certain House Republicans.
Hemmer pressed Bessent about the CBO's report during an interview on America's Newsroom Friday morning.
"This bill adds trillions to our debt. How is that acceptable to this administration?" Hemmer asked.
Bessent responded: "You're referring to the CBO scoring, I believe, which is 10-year scoring, and it's D.C.-style scoring. So, we think that we can both grow the economy and control the debt. And what's important, Bill, is that the economy grows faster than the debt."
The treasury secretary added: "So, what I would tell your viewers to focus on is what I'm focused on, is what [former Treasury Secretary Janet Yellen] was focused on, is what is the total debt to GDP [gross domestic product] because we can grow our way out of this. That if we change the growth trajectory, of the country, of the economy, then we will stabilize our finances and grow our way out of this."
From Newsweek
So can you now see why Conservative columnist Kevin Williamson calls Donald John Trump (President of the United States and leader of the Republican Party... the party that's supposed to be the center-right party in America) a Socialist? I sure as hell can and if you can't, you might want to see your political doctor because you might be going blind. This is Williamson's argument for President Trump being a Socialist and he was talking about how the President talks about economics in America:
"We are a department store, and we set the price. I meet with the companies, and then I set a fair price, what I consider to be a fair price, and they can pay it, or they don’t have to pay it. They don’t have to do business with the United States, but I set a tariff on countries. … What I’m doing is I will, at a certain point in the not too distant future, I will set a fair price of tariffs for different countries. These are countries—some of them have made hundreds of billions of dollars, and some of them have made just a lot of money. Very few of them have made nothing because the United States was being ripped off by every, almost every country in the world, in the entire world. So I will set a price, and when I set the price, and I will set it fairly according to the statistics, and according to everything else...
From The New Democrat
Look, if this offends any American leftists, especially closeted Socialists... cut back on your daily capitalist coffee take by 50%. You'll relax a lot more and not be so politically oversensitive. If you want to call Trumpenomics fascist, fine. But Communists are fascists as well.
But what Kevin Williamson is doing here and what I'm arguing as well, is this is how President Trump governs when it comes to economics: "Do things my way, or I'll bring the heavy force of the national big government, down on your ass. And I won't release my giant grip (remember, Donald Trump brags about how big his hands are) until you run your business or organization exactly the way I want you to."
And as far as Secretary of Treasury Scott Bessent (who perhaps might be better qualified to be Secretary of the U.S. Bankruptcy, with the "Big Beautiful Bill") essentially arguing that the Trump Administration's'/House Republican budget and tax plan "paying for itself", this is what Ederik Schneider said about that yesterday on The New Democrat:
"So when I look at the bill, (that Donald Trump calls the Big Beautiful Bill) it takes me back to the early and mid-2000s, when you had a Republican President (in George W. Bush) and a Republican Congress.
President Bush governed on "deficits don't matter"... his own Vice President Dick Cheney literally stated that in 2003. And he simply didn't want to cut government spending because he ran as a New Republican who cared about people, but also believed in "free markets". So as long as a Republican administration was saying "deficits don't matter", you weren't going to have a Republican Congress challenge their own President and risk their own reelection chances.
So what the Republican Congress's of 2003-04, and 2005-06, did was to say: "We don't believe in budget cuts or tax hikes. So we're going to fund our own new budget priorities, without paying for them. And cut taxes for everyone, without paying for them. And everyone in the country will thank us for that. Well, enough people to keep us in power...
From The New Democrat
And this is what Erik said about that yesterday:
"As far as the "Big Beautiful Bill": the phrase "guns and butter" was used a lot in the 2000s when talking about President George W. Bush's economic and foreign policy. What that was about was the President taking us to war twice in Afghanistan and Iraq, cutting taxes by trillions of dollars twice, doubling the size of Medicare, (which is an entitlement program) and telling everyone that nobody has to pay for anything because as Vice President Dick Cheney infamously said: "Deficit don't matter".
Well if you are familiar with the Stock Market crash of 2008, which led to the Great Recession of 2008-09, you know that deficits do matter. it keeps interest rates up, it weakens the U.S. Dollar, which makes it very difficult for anyone who isn't a millionaire or better, to borrow any money.
The "Big Beautiful Bill", is really poorly named... unless it's the title of a political horror film and you give it a soft title like that so you don't scare the hell out of any potential viewers of it before they see the film. This is really just Donald Trump Manhattan Economics here. He personally has already bankrupt himself 6 times: why not the largest and most important economy and government in the world as well? "
From The New Democrat
Donald J. Trump really needs a professional babysitter or guardian, because he governs like a little boy. He has 1 small victory from yesterday (that the rest of the country is going to have to pay for indefinitely) and he acts like he can go back to being Crazy Don and hit an American, private, for-profit corporation (Apple) with a tariff, (which is a middle class tax hike) because they don't make all of their products in America.
President Trump loses a couple more court decisions today and runs away to New Jersey to play golf. Which is like the kid at a convenient store, who runs out of the store with a candy bar or soda, that he didn't pay for, because he doesn't want to get into trouble. But he was elected President, twice, even though it was clear 10 years ago, not just last year that he's never been qualified to do a good job as President. And the rest of the country has to try to live with the fact that he is President again.
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