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A day without stupid?

From an unemotional standpoint it is certainly strange to see a man whose only asset has been his brand so completely fail to comprehend how fully he is trashing the US brand...
 
jonatha said:
From an unemotional standpoint it is certainly strange to see a man whose only asset has been his brand so completely fail to comprehend how fully he is trashing the US brand...
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Correction. His only asset has been the money he inherited. If he'd bought index bonds for the money he inherited he'd be vastly more wealthy than he is today. He's then used the money that he's unwisely invested to buy an image. But the man is a shining example of that rich people can succeed in spite of being incompetent. It's good to be rich
 
Titled link: Grønland: Vi har købt Donald Trump
Grønland: Vi har købt Donald Trump

Under et kasseeftersyn i Grønland efter valget 11. marts dukkede de 400 milliarder kroner fra kryolitudvindingen pludselig op. I stedet for at Donald Trump ville købe Grønland, har det nu muliggjort, at Grønland har købt Donald Trump.
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Google Translate from Danish:
Greenland: We bought Donald Trump

During a cash audit in Greenland after the election on March 11, the 400 billion kroner from cryolite mining suddenly appeared. Instead of Donald Trump wanting to buy Greenland, it has now made it possible for Greenland to buy Donald Trump.
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Bing Translator from Danish:
Greenland: We have bought Donald Trump

During a cash check in Greenland after the election on March 11, the DKK 400 billion from cryolite mining suddenly appeared. Instead of Donald Trump wanting to buy Greenland, it has now made it possible for Greenland to buy Donald Trump.
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Lauren Boebert is reaffirming that she's a complete idiot.

No, Seriously...


Rep. Lauren Boebert (R-CO) confused filmmaker Oliver Stone with Trump ally and election conspiracy theorist Roger Stone during a House hearing on Tuesday into the recent release of the JFK assassination files.


“Mr. Stone, you wrote a book accusing LBJ of being involved in the killing of President Kennedy. Did these most recent releases confirm or negate your initial charge of him being involved in the assassination of President Kennedy?” asked the Colorado Republican.


“No, I didn’t. No, no, I didn’t,” replied a confused Stone
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A journalist pointed out that it was Roger Stone who wrote a book on the Kennedy assassination in 2013, implicating LBJ in the plot.
 
Ford said:
Lauren Boebert is reaffirming that she's a complete idiot.

No, Seriously...


Rep. Lauren Boebert (R-CO) confused filmmaker Oliver Stone with Trump ally and election conspiracy theorist Roger Stone during a House hearing on Tuesday into the recent release of the JFK assassination files.


“Mr. Stone, you wrote a book accusing LBJ of being involved in the killing of President Kennedy. Did these most recent releases confirm or negate your initial charge of him being involved in the assassination of President Kennedy?” asked the Colorado Republican.


“No, I didn’t. No, no, I didn’t,” replied a confused Stone
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A journalist pointed out that it was Roger Stone who wrote a book on the Kennedy assassination in 2013, implicating LBJ in the plot.
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bilby said:
crazyfingers said:
They are fools and show themselves to be fools and they are in charge of the most powerful country in the world.
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They are in charge of the most heavily armed country in the world. Most of the power the US had (past tense), was due to her preeminence amongst a group of other wealthy and influential nation states, who looked to her for military and financial aid, in return for the power to project her ideals and policies globally, and the ability to sell goods and services to those allies.

That power has now been squandered. Even Canada is now distancing herself from the USA.

Just for one example, there's serious talk in Canada and the EU of cancelling orders for F-35 fighter aircraft, because suddenly the USA can't be trusted to support those purchases - and the US would retain control of the software that renders them combat effective.
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And considering U.S. was compromised by Russia (well, a combination of Russia and its own stupidity), I'd say Russia is currently more powerful.
 
Apparently the Trump administration has imposed specific tariffs on the Heard and McDonald Islands, which are part of the Australian Antarctic Territory.

The only inhabitants of these islands are penguins.

https://www.theguardian.com/us-news...antarctica-uninhabited-heard-mcdonald-islands

Despite this, according to export data from the World Bank, the US imported US$1.4m (A$2.23m) of products from Heard Island and McDonald Islands in 2022, nearly all of which was “machinery and electrical” imports. It was not immediately clear what those goods were.
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I am prepared to bet that these goods were 'an error in the collection and/or compilation of the World Bank's data', given the complete absence of industry in the islands.

People need to stop blindly trusting datasets; All non-trivial datasets contain errors, it's an unavoidable fact of life.
 
bilby said:
Apparently the Trump administration has imposed specific tariffs on the Heard and McDonald Islands, which are part of the Australian Antarctic Territory.

The only inhabitants of these islands are penguins.

https://www.theguardian.com/us-news...antarctica-uninhabited-heard-mcdonald-islands

Despite this, according to export data from the World Bank, the US imported US$1.4m (A$2.23m) of products from Heard Island and McDonald Islands in 2022, nearly all of which was “machinery and electrical” imports. It was not immediately clear what those goods were.
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I am prepared to bet that these goods were 'an error in the collection and/or compilation of the World Bank's data', given the complete absence of industry in the islands.

People need to stop blindly trusting datasets; All non-trivial datasets contain errors, it's an unavoidable fact of life.
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Trump just creates stupid as a natural excretion.
 
bilby said:
Apparently the Trump administration has imposed specific tariffs on the Heard and McDonald Islands, which are part of the Australian Antarctic Territory.

The only inhabitants of these islands are penguins.

https://www.theguardian.com/us-news...antarctica-uninhabited-heard-mcdonald-islands

Despite this, according to export data from the World Bank, the US imported US$1.4m (A$2.23m) of products from Heard Island and McDonald Islands in 2022, nearly all of which was “machinery and electrical” imports. It was not immediately clear what those goods were.
Click to expand...

I am prepared to bet that these goods were 'an error in the collection and/or compilation of the World Bank's data', given the complete absence of industry in the islands.

People need to stop blindly trusting datasets; All non-trivial datasets contain errors, it's an unavoidable fact of life.
Click to expand...

The 10% tariff imposed on an uninhabited island seemed so absurd I Googled for a full list of tariffed countries. Sure enough. At least the 10% tariff matches the 10% tariff on Australia.

And also getting a 10% tariff is Svalbard (population 2600; formerly Spitsbergen) and Jan Mayen (permanent population zero).
This 10% tariff does NOT match the 20% tariff on Norway (EU). Perhaps this discount is because "[Svalbard's other settlements include] the Russian mining community of Barentsburg."

Has there been an explanation for why Russia is missing from the list of tariffed countries?

US goods exports to Russia in 2024 were $526.1 million, down 12.3% from 2023. US goods imports from Russia totaled $3.0 billion in 2024, down 34.2% from 2023. The US goods trade deficit with Russia was $2.5 billion in 2024.

By Trump's Count, Russia Should Pay 42% Tariffs – But It Won't - Kyiv Post
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- - - - - - - - - -

BTW, what about products like Hollywood movies? Are tariffs ever applied to such? Should EU and our other enemies start tariffing U.S. movies?
 
I've got a group of friends who are investment bankers and economists. I'm on the same mailing list. They explained Trump's tariffs. If the goal is just to move manufacturing jobs to USA, then tariffs will be introduced gradually. It takes time to move factories. There's a lot of planning and negotiation that goes into it.

The only reason to put tarriffs in place like Trump has done now is as a disguised tax. It'll give a quick, short term, infusion of cash to the US government coffers. What Trump wants to do with that money is anyone's guess. One possible theory is that it's magic with numbers. Ie Trump wants to show a budget surplus. Perhaps to prove that DOGE is working. But that won't be real economic growth. This budget surplus will come at the cost of the inevitable slowing of all economies connected to USA, as well as the US economy. US real purchasing power will drop sharply. There's no way he doesn't understand that.

They all prophecied that Musk is on the way out of the inner Trump circle. There's no way a guy like Musk wants to be associated with tariffs. Especially not since China has Musk by the balls.

Anyway... I'm just reporting what smarter people than me are saying about it.
 
DrZoidberg said:
I've got a group of friends who are investment bankers and economists. I'm on the same mailing list. They explained Trump's tariffs. If the goal is just to move manufacturing jobs to USA, then tariffs will be introduced gradually. It takes time to move factories. There's a lot of planning and negotiation that goes into it.

The only reason to put tarriffs in place like Trump has done now is as a disguised tax. It'll give a quick, short term, infusion of cash to the US government coffers. What Trump wants to do with that money is anyone's guess. One possible theory is that it's magic with numbers. Ie Trump wants to show a budget surplus. Perhaps to prove that DOGE is working. But that won't be real economic growth. This budget surplus will come at the cost of the inevitable slowing of all economies connected to USA, as well as the US economy. US real purchasing power will drop sharply. There's no way he doesn't understand that.

They all prophecied that Musk is on the way out of the inner Trump circle. There's no way a guy like Musk wants to be associated with tariffs. Especially not since China has Musk by the balls.

Anyway... I'm just reporting what smarter people than me are saying about it.
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What the US might take in from tariffs is suppose to be more than offset by the expected decrease in tax revenue. Seems Trump being in office encourages many to simply not pay their taxes and there have been enough firings at the IRS to make any serious attempt at collection unlikely.
Just another chapter in How to Turn a Superpower into a Third World Shithole by Donald Trump.
 
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