From the WSJ:
Americans Have $35 Trillion in Housing Wealth—and It’s Costing Them
The extra half a million dollars seemed to come so easily—on paper, at least.
In 2021, Nikole Flores and Rocco Savage bought an 1,800-square-foot home in Miami Shores, Fla., for $875,000. The real-estate market rose, they added a pool and pergola, and today the house is worth an estimated $1.35 million.
After accounting for mortgage payments, their home equity—the portion of their home they own outright—grew by about $525,000. But there was another surprise: Their property taxes have increased by more than 50% since the purchase after multiple reassessments, to nearly $21,000 annually.
They know this is a fortunate problem to have, especially since they can still pay their bills. But the higher property taxes have pushed them to trim discretionary spending.
“If property taxes continue to rise, I feel like even if I pay off my house I’m essentially still paying rent,” said Savage.
Americans have hit an odd contradiction: They have amassed $35 trillion of wealth in their homes, yet many feel less well off because of it.
Home equity has climbed nearly 80% since early 2020—up from $19.5 trillion—thanks to a turbocharged rise in house prices. That was about twice the rise in financial wealth including stocks and bonds as of the end of 2024, according to the Federal Reserve.
…
Home equity is calculated by taking the estimated value of a home and subtracting the mortgage debt attached to it. The value isn’t locked in until a sale. But rough estimates are widely available thanks to modeling tools like Zillow’s Zestimate. Checking it has become an everyday obsession of many homeowners.
The average homeowner with a mortgage had $313,000 of equity entering 2025, according to ICE Mortgage Technology.
First
Dos.
Inbound tourism from Europe to US falls 17% in March.
– Paywalled link. Financial Times
I mean, if we had better helicopters it could boost some confidence… maybe.
I don’t bother with hot air ballons or helicopter rides when I‘m on vacation. Besides being too expensive something is bound to happen.
Tourism accounts for 2% of the US GDP.
International students account for $50 Billion / year in revenue?
We are dodging billions of incoming revenue.
Thanks MAGA for making us poorer.
Memo, the laborer and a landowner are going to town in an horse carriage to drop off stuff. Halfway there, the horse pulling noisily defecates The landowner knows his laborer covets the carriage. Both to humiliate the laborer and to amuse himself, he says, “Hey Memo! If you eat this shit, I’ll give you the carriage.”
Our guy thinks for a moment, makes his decision, hands the reins to the landowner, gets off, and eats the fresh horse dung. “Okay,” says the landowner, “it is yours.”
Our guy’s stomach is churning, his pride is crushed, he loathes himself. The landowner, on the other hand, regrets for a moment’s amusement, lamenting his own foolishness.
On the way back, they reach the spot where the laborer ate the dung, the landowner can’t stand it anymore; “Hey Memo! I messed up. Let me pay the price for the shit-eating, let me take the cart back.”
Memo still has the taste of shit in his throat, his mouth, his heart, his anger. “Okay, boss” he says, “okay, but on one condition: you too will eat these remaining dried turds so that we are even.”. The landowner gets down and eats some shit too.
As they approach back to the farm, Memo asks: “Boss, the carriage was yours when we left, and it’s yours now that we returned. So why did we eat all this shit?”
Heights. Not a fan.
It was ruled that Khalil can be deported.
When your kid is wrong and bullies another kid, what can you do? You may reprimand him on the side, but to the public you will need to side with him. Ugh!
SephoraOrangeFaceOrangatanPresident got his leash yanked by his handlers.
Trump Exempts Smartphones, Other Electronics From Chinese Tariffs
Announced in a filing late Friday, the move is a big reprieve for Apple and other tech companies.
Smartphones, laptop computers, memory chips and other electronics will be exempt from President Trump’s so-called reciprocal tariffs, another step back that could ease some consumer concerns about an immediate jump in costs for tech products imported from China.
From a post from Paul Krugman referencing someone else,
Import Chinese battery: 145% tariff
Import Chinese battery inside Chinese laptop: 20% tariff
Import Chinese battery inside Vietnamese laptop: 0% tariff
Fuckin brilliant. A+ work here team. I am so glad there are such
smart people working on our trade policy.
The actual post, expect market to react accordingly. Just buy off OrangeTurd. You no longer have to donate to other politicians, hire consultants or lawyers.
The Trump Tariffs Just Got Even Worse
Higher costs, uncertainty and crony capitalism, oh my
PAUL KRUGMAN
APR 13, 2025
So no, I’m not up in the middle of the night obsessing about tariffs. It’s mid-morning here. Still, I didn’t plan a tariff post today; Part I of my financial crisis primer will be going up in a few hours.
But I wanted to put up a quick response to yesterday’s sudden move to exempt electronics. What you need to know is that it does not represent a move toward sanity. On the contrary, the Trump tariffs just got even worse.
Why? Three reasons.
For electronics, at least, we’re now putting much higher tariffs on intermediate goods used in manufacturing than on final goods. This actually discourages manufacturing in the United States. Joey Politano puts it well:
(Earlier post above goes here)
Uncertainty created by ever-changing tariff plans is arguably a bigger problem than the tariffs themselves. So look at the timeline so far. First we had the sudden imposition of average tariffs bigger than Smoot-Hawley. Then, a week later, Trump ditched that plan and replaced it with a plan that imposed average tariffs roughly the same size, but with the tariffs on individual countries either much higher or much lower than in the first plan. Then tariffs were taken off some but not all products just three days later. At this rate we’ll soon see tariffs changing every day, then maybe every three hours.
The stench of corruption around these policies keeps getting stronger. There’s a lot of circumstantial evidence for massive insider trading around last week’s tariff announcement; the big beneficiaries from the latest move are companies that made big donations to Trump. Investing in plant and equipment looks like a bad idea given the uncertainty, but investing in bribes for the ruling family clearly yields excellent returns.
So just like that we’re turning into a nation where policies are ill-considered and constantly changing, and business success depends not on what you know but on who you know and whether you pay them off.
Trump is making something great again, but it ain’t America.
From WSJ,
The castle, about 30 miles from New York City, is back on the market and has received new inquiries from interested buyers, but nothing concrete yet, according to Turpin.
The Lenox Hill co-op listed for $10.5 million was never officially taken off the market, despite the accepted offer, said Ocean. His client recently rejected a lowball offer of $9 million, and Ocean said he wouldn’t be surprised if the original buyer returns to the table at some point. “It’s only a matter of time before the stock [market] comes back to where it was,” he said. “They might rethink and think, ‘We kind of jumped the gun.
From WSJ. Corrected version part q
THE MARKET
Wealthy Buyers Are Backing Out of Multimillion-Dollar Home Deals
President Trump’s trade war and stock market chaos have put the once unshakable high-end home market on ice
Follow the WSJ in Apple News
On March 1, New York real-estate agent Peter Ocean thought he had reason to celebrate: His clients accepted an offer of $10.25 million for their four-bedroom co-op in Lenox Hill, which had been on and off the market for more than a year, last asking $10.5 million.
Days before the planned contract signing, the buyers even came back to purchase some of the furniture. “They weren’t even going to paint,” Ocean said.
Then came President Trump’s trade war, which sent shock waves through the stock market. Ocean was riding the subway to his office on March 13 when the couple’s agent called to say her client’s stocks were down 25% and the deal was off. “It was like a gut punch,” said Ocean, who then made a “painful” call to his client, who worked in finance before retiring to Florida.
“The first words out of his mouth were, ‘Trump f-ked us,’” Ocean said.
President Trump has defended tariffs on China but on April 9 he placed a 90-day pause on reciprocal tariffs with other countries, saying the reaction was getting “yippy.”
The luxury real estate has been largely unstoppable for the past few years, fueled by stock market gains and massive wealth appreciation since the pandemic. In places like New York, Palm Beach, Fla., Los Angeles and Aspen, Colo., wealthy buyers have plowed billions of dollars into the luxury home market with little regard for interest-rate hikes that have slowed the rest of the housing market.
Now, market gyrations and tariffs, both current and pending, are casting a shadow on high-end property as buyers pull out of deals or tap the brakes amid global economic uncertainty. In the U.S., the richest 10% have 36.3% of their total assets in stocks and mutual funds, according to a new report from Realtor.com, which found real-estate comprised 18.7% of their total assets. Until recently, luxury sales were on an upswing, and agents said high Wall Street bonuses indicated a strong year ahead.
Overall, the median sale price for U.S. luxury homes, defined as the top 5% of sales, rose 8.8% during the second quarter of 2024, more than twice as fast as nonluxury homes, according to the most recent data available from Redfin.
After markets lost $6.6 trillion in an epic two-day rout on April 3 and 4, fallout in the high-end real-estate market has been swift—even as many investors recouped losses during a market surge on April 9 following President Trump’s announcement of a 90-day pause on certain tariffs.
“We’ve been on a wild ride the last two weeks. Buyers are nervous about everything,” said real-estate agent Aaron Kirman of Christie’s International Real Estate Southern California, who had a roughly $65 million deal fall through in Bel-Air.
Kirman’s clients—international buyers who had been looking for six months—went into escrow on a house on roughly 1 acre two weeks ago and backed out of the deal on April 3, he said. They were within a contingency period and got their money back. “They got spooked,” he said. He said some buyers are swooping in to buy real estate as a hedge against the stock market, but others are pausing amid uncertainty. “When news cycles get too negative, it just really makes people second-guess their decisions,” he said.
Miami real-estate agent Julian Johnston of the Corcoran Group said one of his clients put a $40 million-plus deal on ice in Coral Gables, Fla., over concerns about his business, which is tied to imports from China. The client, who moved to Florida from California last year, made a $42 million offer on a 15,000-square-foot house and even spent 90 minutes walking through the property on April 6 with his father and children. The next day, Johnston said, he had a change of heart and requested a 30-day pause on negotiations.
Part 2,
THE MARKET
“I mean listen, even my 401(k) got whacked this week,” Johnston said. “You feel poorer. You don’t really feel like you want to go out and spend money.”
Johnston was also close to getting a contract signed on a 0.3-acre vacant lot on Miami’s Venetian Islands that he listed for $15 million. But a developer who offered $13 million recently walked away from negotiations, citing the uncertainty of material costs, especially imported goods, he said.
Joanna Neumann and her husband are among those who are no longer buying, said Joanna, who owns a gym in Brooklyn’s Park Slope neighborhood. The Neumanns, who are returning to New York after leaving for Atlanta during the pandemic, were eager to own a brownstone and found one big enough for their family of six not far from the gym. The three-story home has four bedrooms and was asking $3.995 million. “It was a dream location and a dream home,” Joanna said.
The family toured the apartment on April 1 and made an offer that night. After the stock market plunged on April 3 and 4, the couple rescinded their offer and plan to rent for now. “If things start to go south, we want to have some cash to pour into the gym if people start to pull back on their memberships,” said Joanna.
Similar uncertainty is trickling throughout high-end enclaves around the country that have seen prices skyrocket amid high demand and limited inventory. “There’s a misconception that Aspen is insulated from a national or global economy,” said real-estate Steven Shane of Compass, who has brokered several megadeals in the affluent ski town since Covid. He said he saw $100 million worth of real-estate return to the market since April 2—including one of his listings, a roughly 7,900-square-foot house in Aspen’s West End that is asking $52.5 million. Listed in December, it was marked pending on Feb. 24, according to Zillow. It was relisted April 8. Shane declined to comment on why the deal fell through. “It’s a volatile market and people generally like certainty,” he said.
In Texas, Alan Golightly, and his wife, Angela Wise, had a buyer back out of a deal to purchase their roughly 4,000-square-foot home just outside of Houston. They listed the house for $1.2 million on April 3 and held their first open house on April 5. They had a verbal offer for $1.3 million that night, Alan said. They accepted it on April 6 and were expecting a contract from the buyer’s agent that evening. “They wanted us out by Memorial Day so we worked on finding an Airbnb,” Alan said. They never received a contract.
On the morning of April 7, the buyer’s agent said her clients had pulled their offer. “She said they were just not sure about the market and how everything was shaking out,” said Alan. “It was a little disappointing, but I don’t think we were counting our chickens before they hatched, so to speak.”
In parts of northern New Jersey—where people can easily commute to Wall Street—buyers and sellers are used to real-estate deals ebbing and flowing with the stock market.
In Ridgewood, about 20 miles outside Manhattan, a $1.8 million house fell out of contract on April 2, the day President Trump signed an executive order imposing tariffs, said Charlie Oppler, CEO of Prominent Properties Sotheby’s International Realty in northern New Jersey. The roughly 4,000-square-foot Colonial was listed in late March. “You don’t know how much of the down payment was coming from liquid assets,” said Oppler, a past president of the National Association of Realtors who said the buyer’s deposit was returned because the deal fell apart during the attorney review period. “That has, in real life, affected some properties.”
An eight-bedroom castle in Morris Township, N.J., listed at $9.95 million, had an accepted offer from a couple from Washington state and was in the due diligence phase when they pulled out on April 8, according to Jill Turpin of Turpin Real Estate. Turpin said the buyers appeared hesitant and the volatile market was the final nail in the coffin. After receiving a vague email from their attorney, Turpin said she called their agent and was told they were pulling out because of concern over the state of the economy.
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The castle, about 30 miles from New York City, is back on the market and has received new inquiries from interested buyers, but nothing concrete yet, according to Turpin.
The Lenox Hill co-op listed for $10.5 million was never officially taken off the market, despite the accepted offer, said Ocean. His client recently rejected a lowball offer of $9 million, and Ocean said he wouldn’t be surprised if the original buyer returns to the table at some point. “It’s only a matter of time before the stock [market] comes back to where it was,” he said. “They might rethink and think, ‘We kind of jumped the gun here.’”
Americans are just going to go to Mexico, Canada, Europe, or even Asia to shop.
Why buy here?
Grim,
That is if we have money. What we are heading into is massive emmiserysation. Everything that has given us value is going out the window. Biggest problem in 20 yrs will not be immigration, but emigration.
That is the future when the end of the Cultural Revolution that we are witnessing is completed. Is Mississippi with TechLords subjugation enforcing dystopian super libertarianism or Christian clericalism or both in their different spheres of influence.
But gone will be rule of law, integrity, factual sciences. The markets are speaking now. There is capital flight out of the country. We are no longer the Coca Cola, we are the updated version – just like Coke 1987’s update failed in the market.
I know is difficult to acknowledge the changes. But this is no different than the Chinese cultural revolution and how it set China back in every respect.
The observed quantum entanglement of the superimposed baryonic wave functions, exhibiting a non-local correlation exceeding classical limits as dictated by Bell’s theorem, suggests a fundamental interconnectedness within the Planck-scale spacetime foam. Furthermore, the subsequent decoherence, potentially induced by interaction with the ambient thermal bath or gravitational perturbations, leads to the probabilistic collapse of the wave packet into a definite eigenstate, thereby manifesting the macroscopic reality we perceive. This process, governed by the Schrödinger equation in the non-relativistic limit and the Dirac equation for relativistic fermions, underscores the inherent probabilistic nature of the quantum realm and its profound implications for the emergence of classicality.
She said,
I see you have been keeping up with your Techlords’ secret plan to create access to the M based multi-verse and not just travel interplanetary, inter-stellar or inter-galactic but to become a multi-verse traveler.
https://www.feynmanlectures.caltech.edu/
My bad, try typing with fat fingers on iPhone.
immiserate
transitive verb
To make miserable; impoverish.
verb
To impoverish or sink into misery.
Days before the planned contract signing, the buyers even came back to purchase some of the furniture. “They weren’t even going to paint,” Ocean said.
Then came President Trump’s trade war, which sent shock waves through the stock market. Ocean was riding the subway to his office on March 13 when the couple’s agent called to say her client’s stocks were down 25% and the deal was off. “It was like a gut punch,” said Ocean, who then made a “painful” call to his client, who worked in finance before retiring to Florida.
“The first words out of his mouth were, ‘Trump f-ked us,’” Ocean said.
Hey, anyone got a pound of macaroni to spare, I’m hurtin’ a little with funds.
“If property taxes continue to rise, I feel like even if I pay off my house I’m essentially still paying rent,” said Savage.
If taxes are your problem, New Jersey is not your state.
All of these whiny stories about rich people about being “frightened” over not spending ten million on a second property.
Boo f’n hoo.
Went to Bridgewater mall and the whole area. There is tons and tons of money. Walking through the parking lot, one 60k plus car after another, with some much more than that. Buying like crazy, how bad can the economy be? Trader Joes looked like a beehive that was hit with a stick so much buzzing around the doors.
Most people were polite though, I liked that. None seem to be able to follow traffic patterns, however, either in stores like Costco or outside on the road. Only arrogant one I saw was a caucasion woman driving a giant azz Rivian suv (didn’t know they made these things). Pushy pushy pushy that one.
Saw one guy having the hardest time backing out of a parking space with his Tesla. Doesn’t that thing have something like 67 cameras? I guess he was having an information overload and stuck in an infinite brain loop malfunction. I don’t know if that car is good for him or making him worse than if he just had images to process from 3 mirrors, or if he just rotated that big ol’ head of his 180 degrees and looked out the back window.
That area is awful. Way too many people for area. Too congested. Yuck.
Trader Joes is an interesting place. It’s what Bowl and Basket could be if ShopRite could market instead of being greedy. Prices there were reasonable.
Tiny coastal N.J. school district proposes 12.5% tax hike. Residents are enraged.
Keyport.
Hey granny, with a little help you can post pictures of your feet on Only Fans.
Hehe.
Fast Eddie says:
April 13, 2025 at 10:21 am
Hey, anyone got a pound of macaroni to spare, I’m hurtin’ a little with funds.
Doesn’t your town have a food bank? Wouldn’t be the first time someone with a Range Rover showed up to get free food.
I think it was down in Bernardsville or somewhere like that the last time a few wealthy people showed up to pilfer from the truly needy. It was before the name and shame time, but maybe you can wear a baklava and slap on some stolen plates to make you less idintifiable to the eagle eyes on Reddit.
It’s me, your favorite president, Donald “Jesus” Trump.
Comparing myself to the Son of God once again.
You know, many people are even calling me the Messiah
because of the Mess-I-ah made out of the economy.
All because of my beautiful tariffs.
They’re so beautiful.
They were working so well that I had to stop them.
The Prime Minister of Canada, big guy, tears in his eyes.
He called me and he said, “Sir, if you do this, you will upend the global economy, tank the stocks and bond markets, and unite your allies against you.”
And I said, “Let me cook.”
And then I burned dinner badly.
So we had to stop.
But now everything is back.
exactly how it was, minus a few trillion dollars.
An historic transfer of wealth
from the middle class to my buddies.
Oh, well.
It’s true — the stock market did a Jesus.
It died.
Then on the third day, it was risen.
And then, on the fourth day, it died again,
possibly never to return, just like Jesus.
Where the heck is that guy?
Come back! Get me out of this!
Oh, and Jesus Christ is a name we’ve been saying a lot lately.
We’re saying it a lot.
We look at our 401(k) and say, “Jesus Christ, where did it all go?”
I don’t know, but we’re going to fix that — or not.
We’ll see. Should be interesting.
Look at Jesus back there, flipping the table like a Real Housewife.
I was at the Bridgewater mall a few weeks ago. Lots of shoppers but if you notice, very few actually carry any bags.
I had a teenager cut in front of me as I was entering the parking lot – for no reason and before I was too annoyed I read the bumper sticker that said “I’m crazy, stay back”.
AOC and Bernie Sanders are on the “fight the oligarchy” tour as AOC flies 1st class. Way to show them, Alexandria! Bernie was screaming about climate change at Coachella but I can’t find the part where he scolded China for having a 1142 to 211 lead over the U.S. in coal-fired plants, using 50 year old technology to build more.
And, construction started on 94.5 gigawatts (GW) of new coal power capacity giving China an even bigger lead in the AI race, too. I do hope the CCP allows me to strum my hemp-made guitar under a cherry blossom tree when they raise their flag in Washington.
See, liberals are really like everyone else, it’s just that most people don’t have the heart to tell them they’re mentally ill.
A total of 3000 new apartments are being built in Paramus. They have all been approved, and construction has started on some of them. They are being built in various locations in the town , including at the Bergen Town Mall off of Route 4, the Garden St Mall off of Rt 17, and Paramus Park Mall. More traffic and congestion in an already heavily trafficked and congested town. They should just make it a city and be done with it. No more bucolic suburban living.
That’s some leadership out of DC, what have you done besides taking a healthy economy???
Fast : Didn’t AOC and Bernie used to like Zuckerberg, Musk, and Gates and those other oligarchs? Now they are bad? Just saying.
3b,
The message from the left caring about the children, tired and poor only works when the oligarchs are on their side. You can’t dupe the masses without funding an extravaganza.
Gary! Retaaaaaaawd
Betcha got called that a lot in school. Just before someone dumped your lunch over your pin head. Retaaaaaaawd
Bergen County is going to be a city without transit. It’s a mess. But at least you can go places Sunday!!!! Even though they are all closed.
BRT: Might make more sense as a city, and stop pretending it’s a quiet leafy suburb. The Record did a study years ago on getting around by bus in Bergen Co. To travel from Mahwsh to Hackensack by bus takes 2 hours .
Wealthy Buyers Are Backing Out of Multimillion-Dollar Home Deals
President Trump’s trade war and stock market chaos have put the once unshakable high-end home market on ice
By E.B. Solomont
April 13, 2025 5:30 am ET
On March 1, New York real-estate agent Peter Ocean thought he had reason to celebrate: His clients accepted an offer of $10.25 million for their four-bedroom co-op in Lenox Hill, which had been on and off the market for more than a year, last asking $10.5 million.
Days before the planned contract signing, the buyers even came back to purchase some of the furniture. “They weren’t even going to paint,” Ocean said.
Then came President Trump’s trade war, which sent shock waves through the stock market. Ocean was riding the subway to his office on March 13 when the couple’s agent called to say her client’s stocks were down 25% and the deal was off. “It was like a gut punch,” said Ocean, who then made a “painful” call to his client, who worked in finance before retiring to Florida.
“The first words out of his mouth were, ‘Trump f-ked us,’” Ocean said.
On Tariffs, It’s Good to Be Tim Cook
Trump’s exemptions for big companies expose the arbitrary political nature of his border taxes.
By
The Editorial Board
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Updated April 13, 2025 2:52 pm ET
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Apple CEO Tim Cook Photo: mark j. rebilas/Reuters
Tariffs are advertised in the name of helping American workers, but what do you know? They turn out to favor the powerful and politically connected. That’s the main message of President Trump’s decision to exempt smartphones and assorted electronic goods from his most onerous tariffs.
Customs and Border Protection (CBP) late Friday issued a notice listing a number of products that will be exempt from Mr. Trump’s so-called reciprocal tariffs that can run as high as 145% on goods from China. The exclusions apply to smartphones, laptop computers, hard drives, computer processors, servers, memory chips, semiconductor manufacturing equipment, and other electronics.
The CBP notice takes the tariff rate on these products down considerably. Barron’s calculates that the exceptions cover $385 billion in 2024 imports. That includes $100 billion from China, or 23% of U.S. imports from that country. The tariff rate falls to 20% on the newly exempted Chinese exports.
These exemptions are good news for consumers who were facing much higher prices for smartphones that are a staple of modern life. How would you like a $2,400 iPhone? But the big winners are the giant companies that assemble these products abroad and now get a reprieve, at least for as long as they remain in Mr. Trump’s good political graces.
Apple CEO Tim Cook is a big winner, as are Dell Technologies’ Michael Dell, Jensen Huang of Nvidia, and the executives and shareholders of Hewlett-Packard and TSMC. This is no rap on them, since their job is look out for the best interests of shareholders and that means getting tariff carve-outs when they can. Some of the companies may not even have sought exemptions, though the opacity of the process for getting one is the Beltway Swamp’s dream.
The Trump exemptions carry several lessons that vindicate tariff critics. One is a rebuttal of the fantasy pitched by Commerce Secretary Howard Lutnick to CBS News that an “army of millions and millions of human beings screwing in little, little screws to make iPhones, that kind of thing is going to come to America” and be automated.
Guess not. As CEOs and these columns have argued, there aren’t nearly enough American workers who could do that work. And even if there were, most of the economic value-added doesn’t come from final-stage assembly. It comes from design and higher-end component supply. It is no credit to the Trump Administration to have a Commerce secretary who knows so little about modern commerce. Oh, and on Sunday Mr. Lutnick said the tariffs on electronics could go up again in the coming months.
The exemptions also expose the fiction that foreign exporters pay the bulk of tariff costs. If that were true, China would absorb the cost and U.S. consumers wouldn’t pay more. No exemptions would be needed. Mr. Trump wants the exemptions to avoid the political blame for rising prices on high-profile products.
This is also a tacit admission that tariffs will make American companies less globally competitive, especially in the artificial intelligence race. That explains the exemptions for ASML’s chip-making equipment and Nvidia’s graphic processing units. Mr. Trump first makes U.S. companies less competitive, then he and his Administration, in their unerring wisdom, pick exceptions worthy of help to remain competitive. Politicians, not success in the marketplace, pick business winners and losers.
The exemptions also undermine the Administration’s legal justification that his tariffs are needed to meet a national “emergency.” Imports of glassware and umbrellas from China are an emergency but imports of electronics aren’t? What are the Chamber of Commerce and other business groups waiting for to sue to block this presidential overreach?
***
All of this exposes the arbitrary political nature of tariffs. Some industries benefit but others don’t. Too bad if you make shoes, or clothing, or thousands of other consumer products that must pay the tariffs but lack the political or market clout to win exemptions. Too bad, too, if you’re a small manufacturer that relies on a component from China but can’t afford a high-priced K Street lobbyist.
Welcome to the new tariff economy, where you still pay onerous taxes, endure punishing regulation, and now must also navigate the political minefield of arbitrary tariffs.
Elon Musk opined on the internet Tuesday that White House trade adviser Peter Navarro is “truly a moron” and “dumber than a sack of bricks.” Mr. Navarro had told a TV show that Mr. Musk, CEO of Tesla, isn’t a real car manufacturer but a mere “assembler” of foreign parts. In another interview, Mr. Navarro denied a rift between them. But then Mr. Musk called him “Peter Retarrdo.”
It’s going to be cool to rent again. Keep that cash dry.
Final round of the Masters and NASCAR at Bristol. Watch one, record the other for later. Some would label these two events as polar opposites in crowd appeal. I enjoy both. True diversity… not the symbolic type peddled by the privileged seclusionists separated from facts and practicalities of the real world.
This is funny in a sad way.
https://x.com/AustinPlanet/status/1911282515945418969
Incredible finish! Congrats Rory.
pretty weak futures open for the sentiment online
Thanks for that awesome share Fabius! Only SNL can make an awesome show like White Lotus even better.
This quote by Victoria Ratcliff in the final episode of White Lotus was brilliant:
NO ONE IN THE HISTORY OF THE WORLD HAS LIVED BETTER THAN WE HAVE. EVEN THE OLD KINGS AND QUEENS. THE LEAST WE CAN DO IS ENJOY IT. IF WE DON’T, IT’S OFFENSIVE IT’S AN OFFENSE TO ALL THE BILLIONS OF PEOPLE WHO CAN ONLY DREAM THAT
ONE DAY THEY COULD LIVE LIKE WE DO.
lol
I was expecting Gary to come back here to apologize for all his MAGA comments – given the total clusterfuck we are in. But no, he doubles down on stupidity.
Go fuck yourself Fast Eddie
The Peoples Republic of Clifton. Taxes are $16,620 per year. With a 146K down, you’re in it for $5250 per month. All on a 50 x 100 lot. It makes me dizzy to think about these prices. We’re at Silicon Valley price levels. I joked about the $million dollar cape. We’ve arrived. This one was purchased in 2019, they made a massive renovation on it and they’re looking to parlay into a move elsewhere:
https://www.trulia.com/home/74-long-hill-dr-clifton-nj-07013-39725348
We’ve hit the Find Out phase.
China has suspended exports of certain rare earth minerals and magnets to the US and around the world.
China is drafting a new regulatory approach to the minerals to prevent them reaching American companies
https://x.com/AustinPlanet/status/1911282515945418969
In Athens Greece this morning.
Thought it might be useful to understand the dynamics of sovereign debt crisis.
a Frappa would be nice
Have fun Grim. Will you be visiting the Akropolis? Not a big fan of Greece since they cooked the books prior to their start of being approved to use the Euro.
I heard every restaurant in Greece is a diner.
Grim,
There is a very easy way to understand the debt crisis in Greece. It is called kicking the can down the road. This seems to be a common solution for many problems in the EU.
Now supposedly Greece will start repaying their bailout loans in 2031, 10 years early.
Will that really happen? Who knows, but it certainly sounds good in the halls of EU power in Brussels.
Is quite simple. Wealthiest always feel super entitled, when there is no repulsive force pushing back strong enough that makes them fear for their wealth, freedom or safety or that force is easily bought. The entitlements is acted out and first on the list is not paying their fare share of taxes to support the society using excuses about stolen and wasted tax dollars that generally involve the classes below them.
At that point anyone else financially and socially below them, usually the bourgeoisie/small business class checks out too. Follow by the working class. All blaming the class below for being shiftless, lazy crooks.
Next thing you know everyone is pilfering barely hiding it, killing any motivation for improvement at any level because why do the hard work when it will stolen from you by someone connected and society just goes down the toilet as hatred develops between citizens as they work harder against each other than with each other.
grim says:
April 14, 2025 at 9:47 am
In Athens Greece this morning.
Thought it might be useful to understand the dynamics of sovereign debt crisis.
Grim, Do they have these in Greece:
https://nycoffeecup.com/products/original-ny-coffee-to-go-cups-100-paper-cups-with-lids-by-solo?srsltid=AfmBOopMhJQiaWGqHiIURwwG-DfTcMepwAx9KvK7mY8235o4iB5a4mZB
Markets back to April of last year. Average investor has lost 15% peak to now. Now just think how much manufacturing could have been spurred by say issuing a tax which would have paid for the construction of factories rather than ruining our relationships with all of our former allies. I’ll use the median since the market is like 97% owned by the top 1% which is extremely conservative. But 15% of the average 40K per household times 129 million households equals 774 billion dollars. Simplified that’s $6,000K times 129 million. Just imagine the number of factories that 3/4 of a trillion dollars could have built! That’s 516 auto plants. Or 40 microchip fabrication plants. Or better yet. Take a labor intensive food processing plant. These cost 2 million to build on average and employee 50 people. That’s 387,000 plants and 20 million jobs. To put this number into perspective, during Biden’s immigration takeover, the average number of immigrants was 2 million per year.
MAGA does not understand math. Neither does Trump. And Smalls and Gary and Defenz will all tell you Trump’s plan was great and absolutely needed. Again. Let the C students run the show, pay $40K per family. This is what you voted for.
Feel free to check my math, but it’s correct. Now just imagine how much Trump cost the top 1%? NOW, you know why he completely backed down.
Jimmy, drop three rippas, two ordas of spurs, slaw in the alley and a tall joe to go.
DontDropTheSoap,
In Greece they have made getting over on the system an art form. There are many examples I‘ve read about and I don’t know how many have been reformed by now. One big one was that if the father had a pension, upon his death the oldest daughter would receive the pension. Another was that people had to pay tax if they owned a swimming pool. What to do? Why of course you would camouflage your pool when not in use so it would not be visible from the air. There were also numerous civil service jobs that were do nothing jobs. One I read about was the fur coat inspector. No idea how many people in Greece actually own fur coats or why you would require an inspection by a federal employee.
The joke in Germany after the bailouts were given was, „And you thought the Ouzo was free“. Referencing the free drink you get in a Greek restaurant after your dinner.
I wonder how much of the Bridgewater mall crowd’s apparent wealth relies upon low cost borrowing. I work and live around that area. Lots of white collar professionals doing whatever they do. I assume the borrow to keep up with the Joneses mentality is still strong. Parents with fully mortgaged-up homes and carrying credit card balances that never get paid down yet still splurging on $5000 birthday parties with a bouncy house for Madison, the $800 a month Range Rover/Porsche lease, and of course the 5 digit spring break vacation because hey we deserve it and everybody does it. But hey at least we’re contributing up to full 401k matching and putting it 100% in US stocks so we don’t need to worry about our future finances!
Geezers dropping like flies. Boomer douches take money and spend or pump up kids….. and when we say kids, we are talking 20-35 year olds….. also, money made in high end white collar jobs is higher than you think…. I see the W-2’s. Inflation is inflation, but there is also wage inflation for the right white collar jobs. Not everyone is fuct.
No One says:
April 14, 2025 at 11:51 am
I wonder how much of the Bridgewater mall crowd’s apparent wealth relies upon low cost borrowing. I work and live around that area. Lots of white collar professionals doing whatever they do. I assume the borrow to keep up with the Joneses mentality is still strong. Parents with fully mortgaged-up homes and carrying credit card balances that never get paid down yet still splurging on $5000 birthday parties with a bouncy house for Madison, the $800 a month Range Rover/Porsche lease, and of course the 5 digit spring break vacation because hey we deserve it and everybody does it. But hey at least we’re contributing up to full 401k matching and putting it 100% in US stocks so we don’t need to worry about our future finances!
Just spoke with an Italian National…… he said he is not happy about the stock market, and also the euro rally against the dollar, which puts pressure on his business, but Trump knows what he is doing….. he said the rest of the world has been ripping off the U.S.
I am neutral. It is just really interesting to hear someone in his position say something along those lines. Eye opening.
Libturd says:
April 14, 2025 at 11:38 am
Markets back to April of last year. Average investor has lost 15% peak to now. Now just think how much manufacturing could have been spurred by say issuing a tax which would have paid for the construction of factories rather than ruining our relationships with all of our former allies. I’ll use the median since the market is like 97% owned by the top 1% which is extremely conservative. But 15% of the average 40K per household times 129 million households equals 774 billion dollars. Simplified that’s $6,000K times 129 million. Just imagine the number of factories that 3/4 of a trillion dollars could have built! That’s 516 auto plants. Or 40 microchip fabrication plants. Or better yet. Take a labor intensive food processing plant. These cost 2 million to build on average and employee 50 people. That’s 387,000 plants and 20 million jobs. To put this number into perspective, during Biden’s immigration takeover, the average number of immigrants was 2 million per year.
MAGA does not understand math. Neither does Trump. And Smalls and Gary and Defenz will all tell you Trump’s plan was great and absolutely needed. Again. Let the C students run the show, pay $40K per family. This is what you voted for.
Feel free to check my math, but it’s correct. Now just imagine how much Trump cost the top 1%? NOW, you know why he completely backed down.
I’ve seen it inside large publicly traded companies also.
DontDropTheSoap says:
April 14, 2025 at 11:29 am
Is quite simple. Wealthiest always feel super entitled, when there is no repulsive force pushing back strong enough that makes them fear for their wealth, freedom or safety or that force is easily bought. The entitlements is acted out and first on the list is not paying their fare share of taxes to support the society using excuses about stolen and wasted tax dollars that generally involve the classes below them.
At that point anyone else financially and socially below them, usually the bourgeoisie/small business class checks out too. Follow by the working class. All blaming the class below for being shiftless, lazy crooks.
Next thing you know everyone is pilfering barely hiding it, killing any motivation for improvement at any level because why do the hard work when it will stolen from you by someone connected and society just goes down the toilet as hatred develops between citizens as they work harder against each other than with each other.
Trump coin down to a 7 handle. Somehow DJT hanging in the 18s.
Only thing dropping faster is Trump’s approval rating and even in Republican Polls like Rasmussen.
What do Trump’s pants and the PA Governor’s mansion have in common? They are both on fire.
Rasmussen is unchanged for the week.
Libturd says:
April 14, 2025 at 12:16 pm
Trump coin down to a 7 handle. Somehow DJT hanging in the 18s.
Only thing dropping faster is Trump’s approval rating and even in Republican Polls like Rasmussen.
What do Trump’s pants and the PA Governor’s mansion have in common? They are both on fire.
Here’s a graph of US investment in factories:
https://fred.stlouisfed.org/graph/?id=C307RX1Q020SBEA,
2017 through 2020: flat.
2020 through 2024: annual investments more than double.
I forget who was president during those two periods, but it seems that the second guys policies worked a lot better at bringing manufacturing back to the US than the first guys!
Maybe there’s a lesson to be learned there.
Average investor has lost 15% peak to now…..
….But 15% of the average 40K per household times 129 million households equals 774 billion dollars.
You’re assuming the 15% rate is fixed going forward. That’s not including all the other variables in your construction plan. Shall we include regulations? Permits? Zoning? Environmental? Bureaucracy? Labor? Climate? Delays? Tree frog and bunny rabbit habitats? On and on?
I actually stopped when you said, ” issuing a tax….” It should have ended there because A) raising taxes for anything is a scary thought alone and B) more than 50% of those tax dollars would never see a construction site anyway.
Or, we could hire 81,000 IRS agents and shake down those 129 million households. Actually, 58% of 129 million because not every household has involvement in equities.
Eddie doin ‘rithmatic.
Those wooden stick built apartments are do depressing to look at, and I am sure to live in. It’s all waiting to just go up in flames. You can hear your neighbor flush to apartments down, and the domestic disturbance next door. Awful.
There’s a place on 46 on the way back to Fort Lee from Teterboro, and some in Teaneack along rt.4 westbound route.
Lowest cost builds to the max.
Or, we could hire 81,000 IRS agents and shake down those 129 million households.
People and corps should pay the taxes that the laws say they owe.
If you think the tax laws are bad, then change them!
“Lowering taxes” via lack of enforcement is just a recipe for grift.
Maybe there’s a lesson to be learned there.
Yeah, I learned there’s no one manufacturing anything:
https://fred.stlouisfed.org/series/MANEMP
Those wooden stick built apartments are do depressing to look at, and I am sure to live in. It’s all waiting to just go up in flames. You can hear your neighbor flush to apartments down, and the domestic disturbance next door. Awful.
Then don’t move there.
Not everybody can afford the big house on a half acre at the end of the cul de sac near the train station.
Yeah, I learned there’s no one manufacturing anything:
It’s called “automation”. Also “productivity growth”. (You should google those terms).
And it’s the reason why America (and the rest of the world) is more prosperous than ever.
It’s called “automation”. Also “productivity growth”. (You should google those terms).
So, you’re telling me the owners of these manufacturing facilities are getting richer while reducing head count?
People and corps should pay the taxes that the laws say they owe.
And government should be policed by the Department of Government Efficiency to prevent waste, fraud and abuse.
You are dumber than dirt.
Face it folks, the morons are in charge.
Exactly.
So, you’re telling me the owners of these manufacturing facilities are getting richer while reducing head count?
Yes- the stockholders are getting richer, as are the people who are buying their products (because they pay less).
As someone who supports free-enterprise and capitalism, that sounds like a win/win.
Would you prefer we go back to the days when all clothing was sewed by hand?
With service industry running at 60%, manufacturing is not the core right now. But efficiency is key.
Trump will not open any new factories as OC1 told you, but perhaps the current president can open up more UFC fights, open gambling 7/24, OnlyFans like recruiting,
Soon jobless MAGA can open up pages on OnlyMAGA.
And government should be policed by the Department of Government Efficiency to prevent waste, fraud and abuse.
When will the DOJ start prosecuting all the “fraud” that DOGE has found?
Not since the early weeks of the pandemic have Americans been this certain that unemployment will spike.
Consumers surveyed by the Federal Reserve Bank of New York in March put a 44% probability on the nation’s jobless rate being higher a year later, marking the highest level since April 2020.
The New York Fed’s latest Survey of Consumer Expectations data released Monday added more glum outlooks to the growing pile of sour sentiment readings from Americans at a time when unpredictable federal policies have caused uncertainty and recession fears to spike.
The March survey also showed that people are growing increasingly insecure about their own job security: The mean perceived probability of losing one’s job in the next year rose to 15.7%, a 12-month high.
Despite a slew of downbeat sentiment surveys (considered “soft” data because of their subjectivity), the “hard,” more definitive and objective data continues to show resilience in the broader economy.
Through March, the US job market remained on solid footing, continuing a more than four-year streak of employment gains. The labor market has helped provide the foundation for strong consumer spending and continued economic growth.
All MAGA has is bullshit. The cult of supposed patriots and constitution fuckers do not even follow unanimous court decisions any longer. They always discount the facts as fake news and use logic more twisted than a Mr. Softee to deceive rather than argue a point. Conversing with them is like having a discussion with a drunk while speaking a foreign language they do not know.
I show you all how dumb the tariffs are, especially against countries where there is a trade balance, like Argentina, yet Trump loses you $16,000 for $2.60 savings annually.
Then I show you how much money was lost (775 billion), with absolutely nothing gained in return from it except ill will from the rest of the world and you mention DOGE as the solution. Of course DOGE, so far, has claimed to have saved 150 billion, which is clearly a gross exageration, but Trump lost us 775 billion. And that’s at today’s market value. That number would have likely been another 400 billion more if it priced in the market collapse before Presiden Flip Flop changed his mind.
As for Rasmussen polls, Trump’s approval rating went from 56% at the start of his term to 48% now. And Rasmussen is to Republican poll bias as a mouse is to cheese.
But just keep on bowing to your bastard of bankruptcy.
No slowdown … Yet:
https://www.sfgate.com/realestate/article/bay-area-housing-shows-no-signs-slowing-market-20240931.php
Boomer,
Whatever you do. Don’t move to the Avalon Apts at Russell and River Road in Edgewater.
This particular 5 over 1 (5 of wood over 1 of concrete) is due to go up in flames. First time 8/30/2000, last time 1/22/2015.
https://abc7news.com/fire-apartment-building-blaze-edgewater/486473/
bastard of bankruptcy
The name of my new album! It’s electric blues ala Johnny Winter turned up a few more notches.
Speaking of pods stuffed into small spaces… I was up at Woodbury Commons this past weekend and circled around to get on I-87. Those apartments in Kyrias Joel on the other side of route 32 are horrifying. Omg, I’ve never seen such an eyesore. Thousands of pods on top of each other and they’re clearing hundreds and hundreds of more acres for more. It’s a stunning mess.
2:09 Dude your playing is just as bad as your thinkin.
I was in Edgewater for the second fire, but lived further north.
The only thing I like about Edgewater is Fleming’s. Plus, somehow, I don’t have to pay a toll to drive there.
Ed – re: Those apartments in NY. I have family that lives near there. That village is a bit constrained now from further growth as are stuck in 1 square mile. They lost in court when they sued the surrounding towns in an attempt to annex more land to expand. Gov Hochul I think signed a law prohibiting them from continuing to expand or sue over it, legislature in NY now has to approve any changes etc.
Fun fact in the 1990s Merck tested it’s in development Hepatitis A vaccine there. 70% of the people living there had Hep A… The vaccine worked it prevented transmission and was approved by the FDA. Lesson is wash you hands after using the bathroom. It’s a fecal-oral aka ass to mouth transmission. I won’t comment on other ways to transmit it to children, but that was probably happening too. 2/3rds of the entire community is below poverty line and collecting some form of benefits….
If there every was good real world representation of a cult this place fits the bill. I think their deal leader has been in power nearly 50 years along with the mayor and a few others. The rest just follow along.. NY State and it’s department of education has been trying to get all private schools including these to meet minimum education standards…It probably will never happen, The women in that village will probably never learn about birth control for example as in NY local school districts decide what additional sex education is any will be taught. I wound say none here hence the large families of 8,10, 12 kids or more are still happening…
Juice,
This weekend was the 1st time I saw it and I just can’t believe they allowed the construction. It’s an epic monstrosity. It’s beyond enormity in height, length and width. It looks like a sci-fi movie set. Against a gray sky, it’s borderline horrifying to the eye.
https://www.cnn.com/2025/04/14/politics/trump-nayib-bukele-white-house-immigration/index.html
It’s happening!
Trump officially says that he is going to ignore a SCOTUS ruling.
Also says he would like to send “homegrown criminals” to El Salvador prisons.
Any of the MAGA types here got a defense for this?
The administration attacking Harvard University is straight out of a 1930s Nazi book.
https://www.cbsnews.com/boston/news/harvard-university-trump-federal-funding/
We received Einstein because of that.. History repeating in a different continent.
President Donald Trump himself has shifted his stance in recent days after initially saying he would abide by the Supreme Court’s decision.
“If the Supreme Court said bring somebody back, I would do that. I respect the Supreme Court,” Trump told reporters last week.
Love to be a fly on the wall in the SCOTUS chambers today.
Wonder how many are starting to regret some of their terrible pro-Trump rulings?
Intense photo essay:
https://www.reuters.com/pictures/us-deports-more-alleged-gang-members-el-salvador-mega-prison-2025-04-14/
4:01, Is that before or after he made the deal with Venezuelan president to not have them follow the Supreme Court order?
If we can deport Elian Gonsales by force, should we send swat teams or the military to get this guy back?
Are we the law and order country any more?
It’s not easy watching young people deported like this. But “if” they are MS13, then all bets are off. That is a terrible organization that needs to be eliminated in the US.
4:07
Justices of the Supreme Court have repeatedly claimed that the decisions about what cases to decide and how to decide them are not affected by politics. Justice John Roberts said in his confirmation hearing that he is like an umpire, not a batter. Justice Neil Gorsuch said that justices are not like “politicians with robes.” Shortly after her confirmation, Justice Amy Coney Barrett told an audience that her goal was “to convince you that this Court is not comprised of a bunch of partisan hacks.”
The justices are not convincing the American people. Favorable ratings of the Court have declined dramatically, according to numerous polls. This fall, a Gallup poll found that 58% of Americans “disapprove” of the job the Court is doing, which aligns with the 60% who disapproved of overruling Roe. A substantial majority have lost faith in the Court’s vaunted impartiality and believe it is too affected by “politics.” A Quinnipiac poll conducted after the Dobbs leak in May of last year found that 63% of Americans believe the Supreme Court is mainly motivated by politics. A Yahoo poll around the same time found that 74% believe the Court is “too politicized.”
The Court’s wounds are entirely self-inflicted. It has a far-right agenda and the scholarship informing its decisions is often questionable. Worse, new details have come to light of relationships some justices have had with wealthy ideological soulmates, including those with interest in cases before the Court. The Court’s credibility and the public’s acceptance of its decisions depends upon trust that it is not subject to outside influence. While lobbying may be common and acceptable in the legislative and executive branches, it is not — nor ought not to be — conceivable in our courts.
Source: Alliance for Justice
The photo essay is hard to watch. It would be harder if there were pictures from the State side.
It’s not easy watching young people deported like this. But “if” they are MS13, then all bets are off. That is a terrible organization that needs to be eliminated in the US.
Yeah, who needs silly things like due process, trials…
4:22 I think that horse has left the barn.
Marjorie Taylor Greene is dumber than a rock, but apparently she is both an expert market timer and bond trader.
The Republican who campaigned on stopping members of Congress from trading also had pretty good timing.
https://www.nytimes.com/2025/04/14/us/politics/marjorie-taylor-greene-bought-stock-trump-tariffs-pause.html
Greene’s net worth before Trump got elected: $700K
now: $40M
A citizen of El Salvador, who is currently in El Salvador, is none of the U.S. government’s business. We can’t bust in there and forcibly retrieve the guy. It’s up to the Government of El Salvador now.
OC1 says:
April 14, 2025 at 4:22 pm
It’s not easy watching young people deported like this. But “if” they are MS13, then all bets are off. That is a terrible organization that needs to be eliminated in the US.
Yeah, who needs silly things like due process, trials…
Harvard University said Monday it will not accept an agreement proposed by the Trump administration for continued federal funding, saying “the university will not surrender its independence or relinquish its constitutional rights.”
Translation: We’ll practice anti-Semitism and you can’t stop us!
Only a moron would interpret it that way.
Bernie Sanders went to Coachella, an event where tickets range from $700-$1,300, and an order of nachos goes for more than $100, to lecture about oligarchy while collecting a speaking fee, reading from notes (translation: I don’t really care as much as you think I do) flying 1st class in a plane that sucks enough fuel to power individual engines at 18,000 pounds of thrust.
Any questions?
Yeah, did you eat lead paint chips as a kid ?
A citizen of El Salvador, who is currently in El Salvador, is none of the U.S. government’s business. We can’t bust in there and forcibly retrieve the guy. It’s up to the Government of El Salvador now.
He was ILLEGALLY deported to El Salvador (which the US gov admits).
We are paying El Salvador millions to imprison him and other deportees.
The idea that there is nothing the US can do is ridiculous.
You’re suffering from maga brain rot.
Any questions?
Yeah I have a question- what’s your point?
BTW- I don’t care for Sanders, but he has as much right to go to Coachella (whatever that is) as anybody else.
Here’s a graph of US investment in factories:
2017 through 2020: flat.
2020 through 2024: annual investments more than double.
I forget who was president during those two periods, but it seems that the second guys policies worked a lot better at bringing manufacturing back to the US than the first guys!
Maybe there’s a lesson to be learned there.
You are so stupid you believe when a company decides to invest in a new manufacturing plant the shovel goes in the ground the next day?
Fixed it!
“blowing my bastard of bankruptcy.” The name of my new album!
By November of last year 312,000 deportations were performed in Joe Biden’s last year of presidency. Fact is 79% of those were non-criminal, meaning they did not have a criminal conviction. The previous year in 2023 about 1.1 million non-citizens were repatriated aka deported to their country of origin. Don’t forget as well Joe Biden’s administration also sent home many people for simple covid violations ,they were judged a health risk and sent away with no hearing in front of a Judge.
Removals are not always based on an order of removal from an immigration judge.
It can be voluntary as in the don’t want to sit in a US jail knowing there is a FOUR YEAR backlog to see a judge and their chances of being deported are still very high.
Anyway according to some of these judges, they all should be brought back for hearings? Quick Send in Seal Team 6.
Return of a noncitizen from the United States happens every day no matter who is president it’s a non-partisan issue. That means even the El Salvadoran who luckily got excellent free pro bono help from Lawyers and the Media somehow gets to skip the line and slip back in?
The law needs reform, we cannot have million(s) of border jumpers who don’t want to apply like the million or so legal immigrants we accept every year. No other country on the planet does this..None…
“Thousands of pods on top of each other”
Well on the other side of 17 you have LegoLand, so I suppose it balances out
You are so stupid
And you’re a doody head!
Going to Coachella is not a right, it’s a privilege
Bernie going to run for Pres again when he is 87? Does AOC really think she has a chance at higher office? Look perhaps dethrone a Senator or Govenor first? How about getting a single piece of your own handwritten legislation passed?
I don’t this there is any passed that I can find link below….and extremely low amount of cosponsors too.. Other than getting 30,000 high paying tech jobs kicked out of NY what has she done for NYC?
https://www.govtrack.us/congress/bills/browse#sponsor=412804&sort=-current_status_date&congress=__ALL__
Return of a noncitizen from the United States happens every day no matter who is president it’s a non-partisan issue.
How often do we “return” a non-citizen to a foreign super max prison when said non-citizen has never been convicted of a crime in either country?
“Kyrias Joel”
I met a Pediatrician that works up there. Fun Fact, they are Muslim.
Going to Coachella is not a right, it’s a privilege
Just looked at their website.
Exactly 3 performers that I’ve heard of, and only one (Kraftwerk) whose music I’m familiar with.
Damn I’m old.
Juice: AOC went from college, to bar tender, to Congresswoman’s; of course the next stop is VP or President.
“But “if” they are MS13,”
And what if they are not?
Thats what Habeas Corpus and Due Process gives us.
That is what makes America Great.
Oc1 – Once he left our jurisdiction it’s no longer our legal issue. If he is wrongfully detained in his home country well it’s a different country and different laws, they have their own court system where he can pursue his claims there. The judges in the United States do not have to power to order his release from any foreign jail or return from any foreign country.
This hold true and has for decades in recent memory….I can think of more extreme cases. Gitmo is still open…there are still cases of detainees in Gitmo working their way through our military court system…One was just thrown out, but they aren’t going to let him out anyway…Ammar al-Baluchi…he has been held for over 20 years. He was picked up in Karachi in his home country of Pakistan and now resides in Gitmo.
https://www.nytimes.com/2025/04/11/us/politics/sept-11-confession-torture.html
“That is what makes America Great.” Hahah..tell that to the folks in Gitmo, including some recent deported “immigrants” who are there now waiting transfer now to their home countries. Where is the order from a US Judge to stop transferring them to our Military base in Gitmo? Crickets….
…Where are your Crocodile tears for the millions who were deported without seeing a Judge under Biden? The only reason this is an issue is Politics, nobody cares otherwise.
OC1
I’ve heard of 18 of the acts. Actually seen 2 in concert.
“A citizen of El Salvador, who is currently in El Salvador, is none of the U.S. government’s business”
We are paying for these detainees! So we cant say send this one back.
OR Donnie cant say “Do me a Regular?”
Complete BS
Once he left our jurisdiction it’s no longer our legal issue.
Tell that to the Supreme Court; they seem to disagree.
“XXX University said”
I have seen the inside of a certain Endowment fund and they have FU Money.
“Bernie Sanders went to Coachella”
Just after he went to Deep Red Utah and … ”
https://www.ksl.com/article/51294295/they-want-it-all-bernie-sanders-condemns-billionaires-during-salt-lake-rally
OR Donnie cant say “Do me a Regular?”
And maybe not give him (Bukele) lunch in the Rose Garden?
The idea that there’s NOTHING Trump can do to “nudge” Bukele to return Garcia to the US is ludicrous on it’s face.
Where are your Crocodile tears for the millions who were deported without seeing a Judge under Biden?
How many of those deportees had a judicial ruling that specifically said they could not be deported?
How many were deported to a supermax prison?
“Removals are not always based on an order of removal from an immigration judge.”
So how many of them were sent to an El Salvador Detention center.
Again, self deportation is fine, but sending legal immigrants to El Salvador is not constitutional.
“next stop is VP or President.”
And thats an issue because?
Thats the whole point of the Constitution. Anyone can be president if they make the age and citizenship requirements.
OC1
I’ve heard of 18 of the acts. Actually seen 2 in concert.
You are obviously way hipper than me. ;)
“Once he left our jurisdiction it’s no longer our legal issue.”
Wow, you are carrying more water than Neville Chamberlain.
Yes, Gitmo should be closed and those there should be tried and convicted under Due Process.
But yea compare someone who plotted and executed (9/11) with a person accused of nothing and sent by accident. We are now seeing allegations to try and back justify.
They fired the Attorney that said he was sent by mistake.
Juice,
And on that issue, why didn’t Donnie close Gitmo in his first term?
For those that like the NY Coffee cup. I use this at home.
https://shop.nypl.org/collections/drinkware/products/porcelain-greek-coffee-cup
Sometimes – just sometimes, I feel that we can reason with MAGA cult. It is increasingly becoming clear, that there is just nothing that will persuade the cult to change its mind.
Like this guy who hated Biden and wanted to hammer PA Governor’s head – likely because he’s a democrat.
https://www.cnn.com/2025/04/14/politics/cody-balmer-shapiro-arson-suspect-invs/index.html
Bernie Sanders goes to Coachella and says “This president does not understand global warming”!
While that is true, who cares now?! The world has been set on fire by Orange cheeto.
Democrats need better messaging.
What if King Trump decided to negotiate to get the accidentally incarcerated person back? I thought he was an artist in these things. You MAGA supporters are so full of shit that I can smell you from 38,000 feet up. This administration is a disaster and disgrace. So many mistakes. So many accidents. So little progress on anything worthwhile. Again, it’s all a show to enrich Trump. The only ones dumber than Trump himself are his supporters.
The idiot still has a mounted poster on an easel in the Oval Office showing a map which highlights the Gulf of America. I could only imagine what the infantile pea brain has hanging on his refrigerator.
And the measles outbreak continues to grow mainly among the idiotic unvaccinated RFK pretenders.
Holy shit for brains is MAGA stupid. Bernie flew first class!!! He should hang!!!
Trump now says he’d like to send “home-grown” criminals (US citizens) to Salvadoran prisons too. But only in accordance with the law.
This after also saying that once the US sends someone to a Salvadoran prison they’re completely beyond the reach of US law.
Destroying American from every possible angle.
And here’s the war on higher education:
https://www.dailyprincetonian.com/article/2025/04/princeton-news-adpol-antitrust-lawsuit-congress-price-fixing-president-christopher-eisgruber
He has 2 years to destroy it all.
After the last time Republicans raised tariffs in 1930, they lost the house and senate for.. FIFTY YEARS!
We just need to lawyer up until the elections. And meanwhile, also make sure our last names match what’s on our passports or other citizenship records.
As long as you all wear your state-issued jump suits with your ID clearly in view, you’re free to rant and identify perceived societal ills (always something most people hadn’t even noticed was a problem) diagnosed through the lens of complex, jargon-laden theories, proposed through elaborate, often counterintuitive solutions requiring extensive bureaucratic oversight and several new committees. Never lose sight of your mission while you sport your preferred pronouns and accompanying spirit animal, working diligently on the latest initiatives to drag America kicking and screaming into the glorious, enlightened future! The time is now! Resist!!
9:38 With or without state-issued jump suits, even with clear IDs, you are not free to rant in this country.
https://www.cnn.com/2025/04/14/us/mohsen-mahdawi-columbia-university-trump/index.html
https://www.facebook.com/reel/671279421980326
By the way, this can be you tomorrow. Because that’s how it worked. You should read some history.
Soon, we’ll be poorer, with the price of everything 10,20,30… percent higher because of tariffs.
And we’ll have higher unemployment as those higher costs spread through the economy.
And all the countries we used to have alliances and good trade relations with will now have to cozy up to the Chinese, and create a new free-trading block… without the US.
As for intelligence sharing (like info on possible terrorist attacks)? Now that the Sec Def likes to discuss attack plans on an unsecured chat app… we can forget about that.
And SCOTUS rulings now are apparantly only “suggestions”.
It’s easier to turn an aquarium into fish soup than it is to turn fish soup into an aquarium. We are in the process of making the fish soup right now.
BUT lot’s of good grape-picking jobs will soon be opening up, and all those you-know-whats will have to use their state sanctioned pronouns (and bathrooms!), so it will all be worth it.
Anybody else a little humiliated to see an American President cucked by the likes of El Salvador?
I mean, at least Putin has nukes. But El Salvador???
As this day of righteous indignation draws to a close, remember my furry, liberal friends, progress isn’t about actual improvement, it’s about the unwavering performance of moral superiority. You are not merely solving problems, you are bravely highlighting the inherent wickedness of everyone who disagrees with you!
Dude, get off your high horse.
The US economy has been turned into a meme coin. Goes up and down on rumors with insider trading at all time high. The kidnappings, while wrong are also distractions from the main heist.
I dunno about you and the cult you are in, but I like to live in a country that actually prospers and there is a rule of law.
Goodnite.
9-0 SCOTUS decision
green card holders at interviews arrested for being anti-Israel
disrupting funding to universities
confusion for rates and tarriffs, while clear corruption in options/stock market
4.5+ 10year, i.e. not knowing how to roll over the debt cheaper
erasing the retirement savings and purchasing power of the majority
attending UFC fights as if they are gladiators and we are still at Roman Empire times
stating america first, but essentially keeping america alone
We still have 3.75 years to go with these people. Will falter faster than the Romans. Perhaps we will split like them into coastal regions and confederates. That looks to be a possibility.
One year inflation expectations sore to highest level since 1981. But, Bernie flew first class!!’
The folks complaining Bernie first class should only be the Scandinavian people. They should be taxed min 60% for all their incomes, and penalties like tickets at a proportional amount to their income. Else, stfu.
NJ,
Just imagine if Biden deported someone who hadn’t committed a crime. Fox News would be on it for two weeks straight talking about how the Dems ignored the constitution. But again, Maga can’t do no wrong!
Did you see the veep make a complete full of himself yeah they’d be on that for two weeks as well. Obviously it’s the first signs of early onset dement
Lib, yessir. 100%. The VP can’t even hold a trophy. How embarrassing?
I was thinking which one is more appropriate to describe MAGA. Either one works I believe.
– “Nothing is more terrible than ignorance in action.” (Goethe).
– “Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.” – Martin Luther King, Jr.