The Frankish Reich

Wonky, but the analysis is solid: https://paulkrugman.substack.com/p/the-cost-of-chaos-this-is-getting I don't understand the idea of pushing the world toward recession/depression, but then again I am not a MAGAite hell-bent on on a return to the early 1900s.

Agreed. I've been saying that. Wait till we have someone analyze big trades ahead of the various Trump Admin noises, like the one that cause "Mount Hassett" in the intraday graph on Monday. At this point, it's Wait For The Polls as our best chance for restoring temporary sanity.

Probably a good thing that we've now reached Reciprocal Insanity. This is obviously not sustainable, so it will not continue.

Peter Retarrdo will lose the battle with Elon.

Well, he did end the war in Ukraine in 24 hours…

Got that? Not disloyal to America. Not violated his oath to defend the constitution. No. Disloyal to TRUMP. They are not Trump's personal attorneys.

Every case is different. Daniel Penny: yes, I defended him Rittenhouse: I thought it was unjustified in general, but under the law not a crazy verdict Trayvon Martin shooter (forgot his name): same, under Florida law, probably justified

Actually, if you weren't watching in real time, it was an up and down day. Wild swings as investors tried to read the tea leaves. Good luck with the cataract surgery. Worked great for my mom, who still passes DL vision tests easily even though I'd rather she didn't drive at all ...

Umm, the Dow closed down 0.91%

War Criminal, meet Common Criminal.

Welfare Queen!

I can't really understand what you're trying to say. But if it's that Born in the USA was meant as an indictment of America's treatment of Vietnam vets, well, yeah ... that was pretty obvious from the start. It wasn't about birthright citizenship.

Waiting for my next Report from Cheektowaga. Tops still has toilet paper? Stick to your beat.

26% tariff rate on India. And Indiana is still not competitive. Fail.

OK, hot take fiends. As best I can understand it, it was something like this: - black kid sitting in opposing team's area at track meet - white twin brothers try to displace him; verbally at first, appears to be at least somewhat aggressive talk - black kid says something like you want me to move, come and move me; white kid approaches; scuffle ensues; at least some pushing and shoving, maybe a water bottle knocked down, maybe punches thrown - black kid pulls out knife, stabs white kid in the chest; later asks cops arresting him "is he ok" So you tell me. Clear cut here? Sounds kind of Trayvon Martin-ish. Black kid clearly brought gun to school grounds against rules, maybe against the law. May have provoked white bros by sitting in their team's section. White kids initial aggressors; some kind of altercation; knife pulled; senseless death. What do I have wrong? Is this a slam-dunk murder prosecution? Was Trayvon? I say no to both questions.

Who are those bastards that taught me July 4, 1776?

We could bring that Nike factory to, say, Trump Country in Kentucky. Cut off Medicaid and fake Social Security Disability claims and food stamps. Then tell the local hayseeds they can go work in that sweatshop. Good luck.

the DOJ attorney was put on the spot. He was likely going to be cited for contempt himself. He's an attorney; he has no power to "order" anyone in DHS to do anything. All he can do is advise them about how to comply with the judge's order or how to seek a stay of it. He also has a duty of candor to the court. That's in every attorney's ethics pledge. He can lose his license if he violates that duty. So he told the truth: Q. Why can't you bring him back? A. I've asked that question of people with decision-making authority, and I haven't received an adequate response. DOJ's response? Pam Bondi puts him on "administrative leave." And accuses him of not vigorously advocating for her position. For telling the truth. She is free to go before that judge and lie to him if that's what she wants to do, putting her own bar license on the line. I hate when these people try to throw a decent, hard-working lesser government employee under the bus. That's what they did here. Shameful.

https://www.nytimes.com/2018/05/22/world/asia/trump-korea-summit.html

I hear that Shohei Otani was just ecstatic about the Nikkei 10% drop.

We could use some good news. Something we can agree on: Thank God.

Dave Chappelle is not quite ready to start working in a Vietnam-style Nike sweatshop.

Not plausible with respect to the penguin islands, since there is no way to trans-ship items there to make them ostensibly "products of McDonald Island." That's why I'm going with the simplest explanation: they used an AI to populate the name of every "country" in the world, probably based on domain name assignments. It just makes more sense than some real human adding the penguin islands to the list.

I'll admit I'm of two minds here. Because I do care about our national interest first and foremost, I'm willing to take a hit to my investments for the greater long-term good. But I have a totally different idea of our long-term interest. It is to be governed by sensible men and women, not given to crazy whims of one old man. It is to see Congress reassert its tariff power - expressly granted to Congress and only Congress. And to see a restoration of normal functioning government where bills are debated in Congress and where the President's power is limited, whether that be President Biden or President Trump. This "crisis" could bring that opportunity. Wouldn't it be a terrible thing to waste?