Tag: trump

  • Uncle Trump teases “dividend” for lower and middle classes…

    Uncle Trump teases “dividend” for lower and middle classes…

    Trump is so excited about the “revenue“ windfall from his tariffs—which, for the record, are paid by American citizens, including small business owners who import—that he is now back to floating the idea of a “dividend” for the lower and middle classes.

    We’ve heard this song before. Remember back in February when Elon Musk said Americans would be getting a $5000 Doge check due to what he said would be “$2 trillion” in savings (which ended up being more like $150 billion, and even considerably less than that when all variables were factored in)? I didn’t believe him then, and I don’t believe Trump now.

    Regardless, it’s a dumb idea when you consider that Americans are the ones ultimately paying for Trump‘s tariffs. If he was being honest, he would say that it was a tax rebate because tariffs are taxes on the American people.

    Furthermore, we have a massive Social Security deficit coming that he should be backfilling instead of sending checks to people. In fact what he should be doing is canceling all of his tariffs, reinstating the 17% ultrarich tax, and using that revenue to replenish the Social Security fund. You know, if he was indeed a man for the people, which he clearly is not.

    Instead, I believe he’s making this empty promise as yet another way to deflect attention away from the Epstein debacle and try to ingratiate himself to all of the Americans who are beyond disappointed in his economic policies and the deteriorating condition of the economy where prices are still going up on everything and employers have stopped hiring. This is a case of “bread and circus“ if there ever was one.

    By the way, for those people who think this page is an anti-Trump page. Think again. We are not anti-Trump. We are anti-authoritarian government. We are anti-big brother. We are anti-job replacement technology. We are anti “tax and spend.” We are anti-tariffism. We are anti-oligarchy. We are independent libertarians who are pro-capitalism and also pro sensible regulation to ensure there is an equal economic plan field for all to participate in. Trump does not share our values, so therefore, we don’t share enthusiasm for his policies, most of which highly favored the upper upper classes.

    Thank you for your attention to this matter and have a wonderful day 

  • Trump says he is ready to fire nuclear missiles at Russia over mean tweet…

    Trump says he is ready to fire nuclear missiles at Russia over mean tweet…

    We are not kidding. Here’s how it went down. In response to Trump’s threats of sanctions, the former president of Russia Dimitry Medvedev tweeted that sanctions would move Russia one step closer to war with America and that Trump shouldn’t make the same mistakes as “sleepy Joe.” The mean tweet triggered Trump so bad that he sent two nuclear submarines to Russia to intimidate them into silence.

    Of course hypersensitivity to media and social media posts and coercing and threatening his critics into silence is nothing new for Trump. Everyone knows the king of mean tweets can’t handle mean tweets from anyone other than himself. But when his thin skin has him reaching for the red phone every time someone triggers him, the stakes are much higher. Here’s to hoping he will drink a Diet Coke and take a chill pill, along with the rest of the wackos running the world.

  • Trump DOJ won’t release docs showing $1.1 billion Epstein wire transfers

    In yet another mind blowing development in the Epsteingate nightmare that won’t end for Trump, Ron Wyden says Trump’s DOJ is sitting on documentation that details $1.1 billion in wire transfers made by Jeff Epstein. The Department of Justice claims “we don’t have enough evidence to investigate,” Say what? They’ve got 4.725 reasons to investigate!

    More and more it’s looking like the entire administration is concealing very damning evidence of wrongdoing on the part of certain people that they don’t want to be exposed. If this isn’t corruption, I don’t know what it is.

  • Trump calls jobs report fake news, fires Labor Commish..

    Trump calls jobs report fake news, fires Labor Commish..

    Trump is absolutely incensed that the latest jobs report doesn’t jibe with his “golden age” propaganda. In fact, he’s so angry, that he has decided to cancel the labor commissioner, who he claims is deliberately submarining his presidency. This is an interesting claim since he loved the jobs report and had no issue with the commissioner when it made him look good. 🙃

    But while it might be tempting to laugh off the president’s temper tantrums, this is no laughing matter. Truth is, it is becoming increasingly harder and harder to get the truth out of our government, and Trump’s latest tantrum only worsens the situation.

    One can only imagine how the next labor commissioner will operate, knowing that if they don’t produce great job reports they also will be fired. Not many people want to work under a despot with a hot temper who will slander and fire them if they don’t produce exactly what he demands. I know I wouldn’t.

    Next, I’m sure the report will be revised again, and of course this time, it will be absolutely glowing. It won’t be true, but it will be glowing, and for a short time longer, the people will eat the bread and play at the circus and pretend like they are living in utopian times. As for us, we will keep telling you the hardcore truth because we research far beyond the government narratives and headlines.

  • Latest jobs report is all bad news for Americans and the “golden age” narrative…

    Latest jobs report is all bad news for Americans and the “golden age” narrative…

    The July jobs report was just released, and it flies in the face of Trump’s nonstop “America is the hottest economy in the world!” bantering. Employers added only 73,000 jobs, and worse, the job reports from the previous two months were revised to show radically lower hiring than previously reported.

    The government previously reported that 147,000 jobs were added in May and 125,000 jobs were added in June. They have now revised those numbers to 14,000 and 17,000 respectively. This is unheard of. Had they reported accurately two months ago, the stock market would be in shambles right now. One has to wonder if there was some sort of cover-up to bolster the “liberation day“ narrative.

    But wait. Isn’t an addition of 73,000 jobs in July good news? Not really. Of the 73,000 jobs that were added, the vast majority of them are in sick care, hospice care, home pallative care, and social work, signaling once again that Americans are sick and getting sicker all the time—and those who are awake know why. (psst it starts with a V)

    If all this wasn’t bad enough, 264,000 workers left the workforce in July unemployment rose to 4.2%. That is a whole lot of people out of work suddenly. Of course, this will have a massive impact on the economy.

    More from CNBC:

    “The household survey, which is used to compile the unemployment rate, was even worse than the establishment survey of total payrolls gains. That showed a decline of 260,000 workers, with the participation rate edging down to 62.2%, the lowest since November 2022.

    A more encompassing unemployment indicator that includes discouraged workers and those holding part-time positions for economic reasons rose to 7.9%, its highest since March.

    In addition, long-term unemployment heated up. Average weeks unemployed jumped to 24.1, the highest level since April 2022, while the level of those out of work for more than 27 weeks to 1.82 million, the most since December 2021.

    The report comes with questions rising about firms’ willingness to hire in the face of ongoing trade negotiations and escalating tariffs.”

    That last paragraph is important. We have been saying all along companies will pull back hiring due to the $150 billion they have had to pay in Trump tariffs. We guaranteed this would happen. It will continue to happen, as will shrinkflation and deterioration of product quality across-the-board.

    The government keeps telling us that we have entered a “golden age” and America is the “hottest place in the world,” yet most economic indicators, and more importantly real life experience, screams the exact opposite. Trump inherited a pretty good economy that would have improved more with just some gentle tweaks. Instead, he took a baseball bat to it, and we are now paying the price.

    One thing is for sure, you can’t judge the economy based on how the stock market is doing. The stock market is being held up by energy stocks, AI tech stocks, healthcare stocks, none of which actually benefit the American people, product prices, and our way of life. Stay tuned to this station for the truth. We will tell you what’s really going on— as well your pocket book. As always, don’t believe the hype. 

  • Virginia Giuffre’s family is calling Trump out…

    Virginia Giuffre’s family is calling Trump out…

    Several days ago Donald Trump made a shocking and disturbing statement regarding his fallout with Jeffrey Epstein. He claimed that Epstein had been “stealing girls from his Mar-a-Lago resort” so he had to “throw him out.”

    But there’s a problem.

    The family of Epstein victim Virginia Giuffre has pointed out that Trump did not end his relationship with Jeffrey Epstein after he allegedly caught Epstein stealing girls from his resort. In fact, two years later, Trump would brag openly about what a great guy Epstein was and how Epstein “likes them young.”

    Virginia Giuffre’s Family is now stating that Trump must’ve known exactly what Epstein was using the girls for, even though he told a reporter this week that he didn’t. At a minimum, they are insinuating that he had knowledge of it, which would mean everything he has stated so far is not truthful.

    Now the victim’s family wants answers from Trump. They want to understand the discrepancy of the timeline and Trump’s statements. They want to know what Trump knew about Epstein‘s molestation exploits. They say “victims have a right to know the truth.” We couldn’t agree more. But will the truth ever get out when so many people in high places are helping suppress it?

    By the way, Virginia allegedly died by suicide earlier this year. 

  • Just in: your dollar does not go as far as it did this time last year…

    Despite the nonstop flood of “golden age” economic optimism pouring out of the White House 24/7, in the real world the prices of everything continue to rise with no end in sight (which, by the way, is the reason the federal reserve will not lower the interest rate any further).

    Today the Federal Reserve is reporting that the PCE index, which measures consumer expenses and buying behavior, rose again this June by almost a half a percentage point. At present it is 2.6% higher than it was this time last year. This means inflation is not stopping in consumers are going further into debt to stay afloat.

    Then again, who needs economic indicators from the Federal Reserve statistics? Just go to your local grocery store and see for yourself. Better yet, go to Home Depot, like I just did, and buy some house paint, and prepare to have your jaw hit the floor when it rings up $47.99 a gallon As they say, the proof of the pudding is in the eating.

    Not fun fact: unless you received at least a 3% raise this year, you are indeed getting poorer, while the rich are indeed getting richer. That is the trend, and evidently most people agree…

  • Americans will now pay 15% more for Korean products like Samsung due to Trump’s new “winning” deal

    Where to even start with this. America had a $66 billion trade deficit with So Korea. There’s nothing inherently wrong with this. It’s mostly just the outcome of supply and demand: Americans demand South Korean products more than South Koreans demand American products. But Trump has been depicting trade deficits as proof that countries are ripping off Americans so he can get better import/export “deals“ and “investments“ from these countries.

    In the latest round of tariff wars, Trump claims South Korea will allow American exports to be duty-free, while South Korean imports will cost American companies and consumers 15% more than we have been paying. Trump calls this “winning.” He also says South Korea has agreed to invest billions of dollars in American infrastructure. What infrastructure? Energy infrastructure, for AI data centers. he also calls this “winning.”

    To be sure, it is in fact “winning,” but only for the technocracy and oligarchy. There will be no winning for the American people, whose jobs will be systematically deleted as more and more of these foreign funded AI data centers come into existence across America and the prices on products keep going up while the quality of products keeps tanking.

  • Trump just nuked small business owners, side hustlers, and thrifty Americans again…

    Trump just nuked small business owners, side hustlers, and thrifty Americans again…

    As you probably know, the “high earners” in the upper income brackets are blessed with a multitude of tax loopholes which their well paid accountants leverage to ease, if not erase, their tax burdens. There are loopholes galore for the top brackets where the Trumps of the world reside. what you may not know is that the average every day citizen does not have access to such loopholes, and the few loopholes remaining are being systematically deleted by the current administration.

    Case in point.

    Up until today, small businesses, side hustles, and thrifty consumers who purchased only small amounts of imports from countries like China and Hong Kong (think Alibaba, TikTok prods, etc) had a loophole that allowed them to get around Trump‘s heavy corporate tariffs called the De Minimis Rule. Under this rule, all imports under $800 were not subject to Trump’s heavy tariffs—or any customs for that matter.

    The De Minimis loophole enabled small businesses on Etsy, eBay, and owners of innovative niche market apps and social media pages to thrive and create good incomes and side hustles. Of course it didn’t allow them to compete with monopolies like Amazon, but it was something, and something was better than nothing.

    Kiss it goodbye.

    As of today the De Minimis loophole is gone, because the Trump administration has decided that everyone will pay taxes—pardon me—tariffs, regardless of how much product they are moving, because well, the billionaires have decided that those with nothing have too much.

    Trump just signed an executive order ending the De Minimis loophole for good. Evidently, he didn’t think the non Wall Street class (read: 70% of America) was being pushed out of every single market fast enough, and he wanted to accelerate the process. Mission accomplished. His latest EO will have a massive negative economic impact across America, thousands of small businesses will close, and of course, consumer choices will continue to get smaller and smaller.

    Someone will say that Trump is doing America favor by forcing people to buy American. That’s nice in theory, but a fool’s errand in reality. In reality, the vast majority of these products being imported from China are either not made in America, will never be made in America, or are too expensive to be made in America, and those three realities are never going to change, no matter how powerful and compelling the political sloganing and rhetoric.

    Meanwhile, the upper income brackets continue to enjoy endless loopholes to avoid paying taxes. In fact, many of them don’t pay any taxes at all due to all of these loopholes. Yet the Trump administration hasn’t done a single thing to close any of them. And why would they? if they did, the upper brackets would come unglued and scream bloody murder, whereas the lower brackets allow the government to do whatever they want to us without a whimper of protest.

    I’m doing my small part with this page to raise awareness on these many critical issues that are absolutely deteriorating quality of life for the majority of Americans. I hope you will do your part and share these posts and help people get informed. Maybe, if we can get enough people informed, we will stop tolerating our government waging war on us? A man can dream.

    MJ

  • Gulp! Starbucks closing 90 locations by year end

    Citing tariff related economic factors, Starbucks has made the decision to close 90 locations by the end of the year. This will result in thousands of job losses.

    This follows news by Bloomberg and VantageScore that even top earners are falling behind on their car payments, credit cards, and even mortgage payments. Get this:

    “Upper-income Americans are increasingly falling behind on credit card and auto loan payments, signaling an underlying vulnerability in the US economy as the labor market slows.

    Delinquencies on such debts from those making at least $150,000 annually have jumped almost 20% over the last two years, faster than for middle- and lower-income borrowers, according to the credit-scoring firm VantageScore. A recent Federal Reserve Bank of St. Louis study found the share of people making late card payments in the highest-income zip codes has risen twice as much over the last year as in the lowest-income ones.”

    What does it all mean? as we’ve been reporting on our Facebook page for months now, we are by no means entering into any sort of “golden age.” When Trump took over, the economy was very fragile, despite reports to the contrary. His tariffs have put altremendous strain on American businesses who have had to absorb $150 billion in losses so far.

    As we have been predicting, American corporations are now taking drastic measures to stay alive, such as shrinkflation, store closures, product line cancellations, pay cuts, layoffs, job automation, and constant micro price cuts. American corporations are now officially in survival mode as our Americans, as consumer sentiment numbers reflect.

    Americans are deeply misinformed about the economy because they are not getting accurate information from the government and its growing number of media proxies and media outlets that are terrified of running afoul of the government. Stay tuned to this channel and we will keep you posted on everything you need to know.