Red Hot Chili Parents
1 hour ago
A blog by a "sucker" and a "loser" who served her country in the Navy.
If you're one of the Covidiots who believe that COVID-19 is "just the flu",
that the 2020 election was stolen, or
especially if you supported the 1/6/21 insurrection,
leave now.
Slava Ukraini!
President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies.
President Trump has said “it’s a myth” that U.S. consumers will be paying for the tariffs through higher prices. But businesses dealing with cross-border trade with Mexico swiftly raised prices Tuesday.
A model utilized by the Federal Reserve Bank of Atlanta updated Monday to forecast an even steeper economic contraction, after first showing negative growth in its update last Friday.
The Atlanta Fed's GDPNow model had, up until the Feb. 28 update, been forecasting growth between 2-4% in line with most other models. ... But the Feb. 28 update of GDPNow saw a plummeting forecast from roughly that same 2%+ mark to -1.5%. The model updated Monday with an even more pessimistic outlook: -2.8%.
President Donald Trump has announced that the United States will create a strategic crypto reserve that will hold Bitcoin, Ethereum, XRP, Solana and Cardano.
Trump made the announcement Sunday on his Truth Social media platform, more than a month after he signed the Strengthening American Leadership in Digital Financial Technology executive order, which created a presidential working group to consider the creation "of a national digital asset stockpile."
The Kremlin said on Sunday that the dramatic pivot in the foreign policy of the US “largely” coincides with its own vision, with Donald Trump described as having “common sense”.
The US president, who has often said he respects his Russian counterpart Vladimir Putin, has worked to build ties with Moscow since taking office in January, including twice siding with Russia in UN votes.
“The new administration is rapidly changing all foreign policy configurations,” the Kremlin spokesperson, Dmitry Peskov, told a reporter from state television. “This largely coincides with our vision.”
The damage caused by Donald Trump to the United States’ reputation is creating opportunities for China, particularly with regards to Taiwan, according to a retired senior colonel from China’s People’s Liberation Army (PLA).
Speaking to the Guardian in Beijing, Zhou Bo said that Trump was damaging the US’s reputation “more than all of his predecessors combined”.
“By the end of his second term, I believe America’s global image will simply become more tarnished, its international standing will just go down further,” Zhou said. The people of Taiwan “know that America is going down”, which “might affect their mentality” with regards to China.
In December, Popular Information reported that Chinese [national] crypto entrepreneur Justin Sun purchased $30 million in crypto tokens from World Liberty Financial (WLF), a new venture backed by President Donald Trump and his family. Sun’s purchase resulted in a cash windfall for Trump. On Wednesday, the Securities and Exchange Commission (SEC) and Sun sent a joint letter to a federal judge, asking for a stay of Sun's case. Today, the judge granted the SEC's request.
In March 2023, the SEC charged Sun and three of his companies, accusing him of marketing unregistered securities and “fraudulently manipulating the secondary market” for a crypto token. The SEC accused Sun of wash trading, which involves buying and selling a token quickly to fraudulently manufacture artificial interest. Sun was also charged with paying celebrities, including Lindsay Lohan, Jake Paul, and Soulja Boy, for endorsing his crypto “without disclosing their compensation,” which violates federal law.
A few weeks after Trump won the 2024 presidential election, Sun publicly announced that he had become WLF's largest investor, buying $30 million of its tokens. ... Sun has since invested another $45 million in WLF, bringing his total investment to $75 million. This means Sun's purchases have sent more than $50 million to Trump, Bloomberg reported.
If Roosevelt had told Churchill to sue for peace on any terms with Adolf Hitler and to fork over Britain’s coal reserves to the United States in exchange for no American security guarantees, it might have approximated what Trump did to Zelensky. Whatever one might say about how Zelensky played his cards poorly — either by failing to behave with the degree of all-fours sycophancy that Trump demands or to maintain his composure in the face of JD Vance’s disingenuous provocations — this was a day of American infamy.
...
Roosevelt and Reagan must be spinning in their graves, as are Churchill and Thatcher. It’s up to the rest of us to reclaim America’s honor from the gangsters who besmirched it in the White House.
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