
Gaming Out a Sudden Stop
What happens if investors lose faith in America?
The footage of the AG saying these things and calling judges “deranged” is one of the most chilling examples so far of bald-faced fascism. I find it hard to watch such dead-eyed, mundane evil. The dead eyes are a defining characteristic of so many of the people near Dear Leader.
A lens would enable greater clarity and ability to see more details from one point of view, while a prism would enable viewing an object(s) from multiple points of view?
Part of SNAP benefits is the ability to get fresh produce at Farmers Markets - often with a bonus of $2 for $1 exchanged. Helps the recipients, helps the farmers. I suspect that will go away, too.
This is available in 25 states.
I suspect all of this will go away.
Research shows that incentive programs are an effective way to promote healthy eating and improve nutrition security for more Americans.
Instead of trying to legislate what people can buy - no birthday cake from the store bakery for your kids’ birthday parties! No candy or soda!! - these are healthy options that should fit right in with “Make America Healthy Again.” But are probably already gone.
I spent my entire career as a Roman historian teaching a course on Roman religion, ancient Judaism, and the rise of Christianity. I’ve published on this issue a good deal.
Just please stop STOP calling it Christian. It is about as Christian as Constantine murdering his son. It is nationalism and cruelty with a pseudo-Christian patina - well, not even pseudo because there is nothing remotely Christian about it. Indeed, it is so anathema to the ministry of Jesus that it truly is, well, Anti-Christ.
But I don’t like saying that, because I fucking hate giving end time Bible thumpers more fodder.
But please, just . . . .stop . . . just stop calling it Christian.
Yup. This bill makes it into law and there won’t be rural hospitals left and many suburban and urban hospitals will go under.
Yeah the folks residing in the Corridor of shame and other poorer rural places in the state that you represent will really make out from crypto and even lift themselves out of poverty.
Let them eat bitcoin.
This times a million.
A lot of pain between now and Jan. 2027 and Jan. 2029. But there is reason to hope.
Unfortunately, voters seem to need to experience unvarnished Republican governance directly before they are willing to vote the GOP out of office for a generation.
Have to wonder how he thinks that’s gonna work. Crypto is about like subbing in a casino for your bank, only with the techbros being able to trace your every transaction. That will be great for everyone, but especially poor people.
Vegetables are woke.
if no security was given…? What does that mean?
A nickel for their thoughts…
Trump promised Medicare won’t be touched, but the deficit caused by the House bill (if it makes it through the Senate as-is) could trigger cuts to Medicare anyway. From Marketwatch:
The nonpartisan Congressional Budget Office (CBO) estimated that the Republican budget bill under consideration would trigger about $500 billion in automatic cuts to Medicare, the program that provides health insurance to around 68 million older adults and people with disabilities.
This is because Congress is bound by the statutory Pay-As-You-Go (“PAYGO”) Act, which requires any spending to be offset by automatic cuts, to avoid deficit spending. The automatic Medicare reductions are capped at 4% of its yearly budget. Therefore, the cuts to Medicare would total about $45 billion in 2026 and $490 billion between 2027 and 2034, according to the CBO letter. Unless lawmakers otherwise offset the deficit impact of the Republican bill or agree to waive the PAYGO requirements, the cuts would be automatically triggered.
The Medicare cuts are not guaranteed because Congress has various alternatives, such as changing the federal budget scorekeeping rules or instructing the White House budget office to disregard the reconciliation package’s debt impact, according to the Washington Post. Congress has never allowed the PAYGO sequester to go into effect after deficit-increasing legislation, according to the Committee for a Responsible Federal Budget.
What happens if investors lose faith in America?
Given the unorthodox policies, an economic crisis is frankly more likely than not.
The fundamental issue driving my assessment is that Republicans, particularly Donald Trump, refuse to learn anything under any and all circumstances so continue with stupid ideas that float around in their head. For example, the idea that sudden tariff changes are what this economy needs has to be the most bonkers idea. And, no, that will never be rethought, just like the idea that “tax cuts are always good, particularly if it is for the wealthy” is never rethought after decades of failure.
Imagine a country that had four years to bring a lawless individual to justice and couldn’t do it. Then imagine that individual elected president. Imagine what he thinks about the rule of law and how he will ignore that rule since it didn’t, at long last, apply to him.
It all sounds very reasonable.
“Of all bad men, religious bad men are the worst.” – C.S. Lewis