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#wsj

15 posts13 participants0 posts today

🔴 🇺🇸 :youtube: **Trump's Lightning-Fast Tariffs: The Legal Logistics Behind His Process**

“_President Trump skipped the normal months-long process to impose tariffs and instead used a 1970s to bypass them. This leaves him open to legal challenges and actions from Congress._”

#Video length: five minutes and six seconds.

🔗 youtube.com/watch?v=S4sC81PvDO.

#Tariffs #WSJ #Economy #Economics #Trump #USA #US #UnitedStates @economics

Replied in thread

@LinuxAndYarn @GossiTheDog I've to applaud #WSJ for showing how much #Apple is shafting #consumers with overpriced #parts, because even if the #battery had only 10% tariff there's no reason for a #replacement part to cost more than $50.

infosec.space/@kkarhan/1142895

Poll us now.

Majority of Americans uneasy over Trump’s economic plan

msn.com/en-us/news/politics/ma

In a survey a published by the Wall Street Journal on Friday, just a quarter of people said they approve of Trump’s handling of the economy during his first 100 days in office.

The survey was conducted prior to Trump’s announcement of a 10-percent base tax on all goods coming into the U.S. earlier this week.

www.msn.comMSN
#TRUMP#TARIFFS#WSJ

Stocks Suffer Record Two-Day Wipeout

wsj.com/livecoverage/stock-mar

$6.6 Trillion

Based on Friday's close, that's how much value the U.S. stock market shed in the past two sessions, according to Dow Jones Market Data.

The figure represents a new record. The biggest two-day pullback before this week was during the Covid-19 market, when $4.4 trillion of stock-market value evaporated in the two days ending March 12, 2020.

#paywall? #Destroyer #Trump #tariffs #WSJ #economy #stocks #WallSt #DOW #press

Continued thread

If you're wondering why the pundit class and the mainstream media organizations that employ them have been so tepid in their criticism of Trump, so unwilling to name the fascist beast and draw the logical conclusions the regime's actions imply, perhaps it's because they know they've been complicit in this fascist nightmare? As Joan Westenberg notes in this brilliant March 15th drag out piece, the normalization of the fascist ideology the Trump regime is running on now has many fathers in American society, and not all of them are folks who'd want to be known as supporters of MAGA fascism; but that's precisely the role they've served, for personal gain:

theindex.media/the-pundit-clas

The Pundit Class Played Devil’s Advocate. Now the Devil’s at the Door.

"A revolving door of New York Times, Wall Street Journal, and Washington Post columnists made a career of platforming people who—either blatantly or through implication—argued that transgender people shouldn't exist. That democracy had "gone too far." They raged against "wokeism" because they couldn’t conceive of a world where it wouldn’t prevail. They bemoaned "cancel culture" not because they cared about free speech, but because they mistakenly believed the right-wing ideologues they dined with had been cast out for good.

In their intellectual stupor, they decided that the forces of social change were so overpowering and unstoppable that the world needed a voice to speak up against them in an infernal balancing act. And it felt daring, didn't it? To be the literary equivalent of the Cool Girl—not like those Other Girls who care about freedom, equity, history, and common sense.

They dressed themselves up as the beatniks of cultural commentary. They convinced themselves of their "underground" status. They basked in institutional protection, indulging in a self-congratulatory circle-jerk of mock dissent where the stakes were always someone else's problem. They positioned themselves as lone voices against an imagined tide of unthinking dogma, pretending that they were fighting against orthodoxy when, in reality, they were just reinforcing the status quo with a hipster filter. They weren't holding truth to power. They were selling a brand: rebellion without responsibility, provocation without principle, and the posture of dissent with none of the burden of consequence.

They dined on the aesthetic of courage without ever taking a risk. And why not? The market for disaffected liberals playing footsie with fascists was lucrative and full of opportunities for highbrow grift."

The Index. · The Pundit Class Played Devil’s Advocate. Now the Devil’s at the Door.Pop intellectuals flirted with reaction, thinking history was on their side—now the backlash they fueled is here, and there's no escape.
#Fascism#Trump#Media