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Bill Ackman: are President Trump's tariffs working?

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Bill Ackman's tweet seems to question whether President Trump's tariffs will work when he wrote "Initially, the market responded favorably, up more than one percent when Trump referred to ‘reciprocal tariffs’ in his Rose Garden speech. It was only when he put up a chart showing the actual tariffs that the markets plunged." At this point, it's too early to know if they'll work. that being said, I'm trusting that they'll work because the U.S. economy is so much bigger than the next 2 biggest economies. The U.S. economy takes in $30,000,000,000,000 while China and the EU both take in $18,000,000,000. Press reporconsideringts today have said that all deals are now on hold. This is not surprising. Capitalism is a confidence game. Uncertainty is the enemy of business confidence. The good news is that a number of countries have already approached the negotiating table to make tariff deals, which suggests that Trump’s strategy is beginning to work. Whether th...
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Tim Walz's sense of humor

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Last fall, people discovered that Tim Walz is a liar. This past week, they were reminded that he's a liar. Last weekend, Little Timmy said "Some of you know this. On the iPhone, they’ve got that little stock app. I added Tesla to it to give me a little boost during the day — $225 and dropping." This weekend, Little Timmy said "This guy bugs me in a way that’s probably unhealthy," Walz said, referring to Musk. "I have to be careful about being a smarta--. I was making a joke. These people have no sense of humor. They are the most literal people." This is Walz's 'joke': Kevin O'Leary Nuke Tim Walz on Tesla Stock Dropping https://t.co/I3KquqiX5k via @YouTube @LFRGary — Gary Gross, Kash Patel fan (@LFRGary) March 24, 2025 Tim Walz walks back his statement: clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen> Why should anyone tru...
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Donald Trump vs. Keith Ellison, Title IX rights edition

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Last week at the Minnesota State Legislature, a hearing was held on a bill that would prevent biological males from participating in female sports. Alpha News is reporting that "President Donald Trump recently signed an executive order that seeks to keep biological males out of female sports while his Department of Education announced a Title IX investigation into the Minnesota State High School League (MSHSL)." The article continues, saying "At MSHSL’s request, Minnesota Attorney General Keith Ellison issued a 'formal opinion' Thursday concluding that the league would be in violation of the state’s Human Rights Act were it to comply with the executive order." Saying that President Trump and Keith Ellison are divisive political figures is understatement. That said, this isn't a fair fight from a legal standpoint. President Trump has the superior argument because he's fighting for Title IX, the landmark legislation that established a platform for gir...
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Pete Hegseth takes charge of Pentagon

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While the Agenda Media characterized Pete Hegseth as a controversial pick to be Secretary of Defense, the more accurate description would be nontraditional. For instance, this UPI article reports "Defense Secretary Peter Hegseth has ordered senior military and civilian Pentagon officials to cut 8% from the Defense budget over each of the next five years. Hegseth's memo issued Tuesday directed the five branches under his command to turn in budget-cutting proposals by Monday, two officials told The New York Times. The Washington Post also obtained the memo." That's either sloppy journalism or intentionally misleading reporting. It might be a little of both. According to this video report put out by Secretary Hegseth himself, the first 'cuts' aren't cuts. According to Hegseth, it's money that the Biden administration was spending on DEI and other nonlethal programs. The money will now be "repurposed" to make the U.S. military into a lethal fig...
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Senate GOP abandons Donald Trump after confirming his Cabinet

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Senate Republicans impressed people with their persistence in confirming President Trump's cabinet in a timely fashion. The minute that heavy lifting finished, though, Senate Republicans reverted to form by passing a reconciliation bill that doesn't cut spending or extend the Trump tax cuts. NPR is reporting "The Senate passed its budget resolution early on Friday, which acts as a framework to implement President Trump's legislative agenda. It would provide $175 billion for border security and $150 billion in military funding." The article continues, saying "The Senate's adoption is an early step in the process, which requires detailed work by committees to work out the details of spending, as well as of any offsets to help pay for the additional funds. The budget resolution is at odds with the House's approach, and both chambers ultimately have to be on the same page to get the legislation across the finish line." This is an abandonment of Pres...
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Exposing the Trump administration's Ukraine spin

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The Kool-Aid must be flowing freely in the White House. First, President Trump insisted that President Zelenskyy had started the war with Russia and that it wasn't a winnable war. After that, National Security Adviser Michael Waltz jumped to Trump's defense, insisting that there's lots of ingratitude coming from President Zelenskyy. This time, VP JD Vance is peddling the administration storyline that "neither Europe, nor the Biden administration, nor the Ukrainians had any pathway to victory. This was true three years ago, it was true two years ago, it was true last year, and it is true today." This is a steaming pile of BS. Gen. Jack Keane disagrees with Vance , saying "Speaking on John Catsimatidis’ WABC morning programme on Sunday, Mr Keane said that 'there really is an opportunity here that none of us could’ve imagined for the Ukrainians actually to win' the war against Moscow, before quickly pivoting to an admonishment of the Biden administrati...
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Donald Trump endorses House GOP reconciliation plan

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CBSNews is reporting that President Trump has endorsed the House GOP reconciliiation plan .CBS wrote "President Trump endorsed House Republicans' budget proposal that would enact trillions of dollars in spending reductions and tax cuts in a single bill, saying on Wednesday that he prefers that approach over the Senate's competing two-bill plan." That's a big deal because Lindsey Graham and Ted Cruz (ain't that an odd couple) are pushing a competing reconciliation package that would tighten border security but wouldn't extend expiring Trump tax cuts. The article continues, saying "We need both Chambers to pass the House Budget to 'kickstart' the Reconciliation process, and move all of our priorities to the concept of, 'ONE BIG BEAUTIFUL BILL,'" Mr. Trump wrote in a post on Truth Social. "It will, without question, MAKE AMERICA GREAT AGAIN!" The Senate now has its marching orders to fall into line. This fight is over for t...
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