In case anyone was wondering what exorbitant privilege was:

“The term which has been in place for a very long time is that we have ‘exorbitant privilege’. That we end up paying a much lower cost for financing our deficits and debt, we have much greater capital flows and attractiveness of the dollar and assets, because of these things,” he said.

Basically people invest here because it is a pretty stable business environment. Constantly going back and forth on whether massive tariffs will be put in place, puts that all in jeopardy.

Little did he know, the enemy was already inside the house.

https://youtu.be/-1G3BKfD1VI&t=1m30s

That was my first thought. What dumbass keeps a firearm in their bed?

You don’t for budgets. That’s just for new legislation and it is a 60 vote requirement for cloture.

I think they will shoot for the anti Semitism angle. They have already started he was detained due to Trump’s EOs. They could more easily argue that rather than having to say being against Palestinian genocide is somehow advocating for Hamas. I anal but that seems like the easier move to me.

Either way, I don’t see it ending well for him which is really shitty and shows how much our basic rights are just a shallow façade.

He is not a citizen. He had a green card which the administration revoked. Green cards cannot be revoked without cause and Khalil did not break a law. They could deport him if he was advocating for an organization that is an enemy of the US (terrorist organizations, enemy nations, etc) or if he committed a felony. Trump did sign an EO basically saying that anti Semitism on campuses is illegal. So the administration will have to prove that his protests were anti Semitic. Unfortunately I could definitely see the courts allowing the administration to interpret their own EO and ignoring the fact that it violates constitutional rights.

Edit: I forgot that there was an EO from Trump’s last administration that targeted anti Semitism which changes his outlook. The Supreme Court does everything it can to have narrow rulings despite clear constitutional issues with some executive orders. If it makes it there, I see them supporting deportation.

Yes to the first one, not as much immediately to the second one. The second one would likely have more medium term effects.

Normally I would agree with you if it was a one time thing. But the market stops listening to the boy who cried wolf. All the markets are down despite Trump rebonding the tariff and delaying it. There has to be something else at play. The guy is certainly not an economic genius but he generally at least pushes through with his idiotic shit.

Those free speech absolutists are pretty quiet on this…

Normally I would agree that the president had little effect on prices since that is largely the job of the Fed. But Trump being wishy washy on tariffs is really fucking things up. It is extremely hard for businesses to plan for shit when massive tariffs are planned, then delayed, then implemented for three fucking days before being held off again for a month. How the fuck are businesses suppose to do any sort of inventory planning when they don’t know how much something is going to cost them if they hold off for a day to buy things. Or they bought in bulk under the assumption that they would have to pay significantly more later are now stuck with a ton of inventory they may not have room for.

So yes, in this case Trump is having a large effect on prices. If it was just tariffs, inflation would temporarily go up and the Fed would increase interest rates and the recession it causes would slow inflation. But the Fed can’t plan for the dipshit president going back and forth in tariffs.

She would still be better than Newsom. That’s a pretty low bar though.

It would probably help if tariffs were not announced, implemented, then delayed every other day. It would probably would help if he was not illegally firing government employees and then ignoring the courts to reinstate them.

Is there a non pay wall link?