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Trump's Second Term

Andy_Ross said:
Trump: "I'm right now at 99% in Israel. I could run for prime minister, so maybe after I do this, I'll go to Israel and run for prime minister."

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Maybe it's not a bad idea, perhaps once he's pulled down the Old Wall and turned Temple Mount into the Trump Temple Mount Hotel and Casino, Jews and Muslims will put aside their differences and be united in their hatred of him?
 
Donal said:
I would love to see him try to convert. Trying to read from the torah, doing community service, and I really want to see his face when he finds out about the circumcision.
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kookbreaker said:
Most Americans are circumcised already.
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I'm not sure if whatever species Trump is gets circumcisions.

I am not shocked at all that Israelis are loving Trump's foreign policy. We're basically fighting their war because Bibi and Trump share late night selfies and stay up late sexting.
 
What happened to "Too Late?"

President Trump has spent much of his term bashing outgoing Federal Reserve chair Jerome Powell for not cutting interest rates enough. On Tuesday, he seemed surprisingly blasé about the possibility that incoming chair Kevin Warsh might end up raising them.

Driving the news: A reporter on Tuesday noted that markets now think an interest rate hike this year is more likely than a cut and asked the president whether he thinks Warsh will deliver the lower rates that Trump has long demanded.

  • "I'm going to let him do what he wants to do," Trump said. "He's a very talented guy, he's going to be fine, he's going to do a good job."




Between the lines: That's not how defenders of Fed independence would prefer a president phrase things. Once a Fed chair has been installed, they don't need presidential approval for rate decisions; rather, they're supposed to carry out policy that will best achieve the central bank's statutory mandate.

  • But Trump is seemingly giving Warsh some room to maneuver, implying that he may not immediately get the Powell treatment even if Warsh delivers a hawkish monetary policy message in his early months in office.
Of note: Last week, Treasury Secretary Scott Bessent said he thinks there will be one or two more "hot inflation numbers, but then I think we're going to see substantial disinflation."

  • The early question for Warsh and the policy committee he inherits will be whether to look through the inflation surge being largely driven by energy disruptions tied to the Iran war.
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Idiot.
 
Andy_Ross said:
Whitehouse director of communications says

Steven Cheung
@StevenCheung47
Do not ever doubt President Trump and his political power. ◊◊◊◊ around, find out.

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The worst thing about that statement is that most of them think that's good...
P.J. Denyer said:
If Trump is, they threw the wrong bit away. The bit they kept is the bellend.
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Which one?
 
Notice he didn’t mention profit.
I wonder what makes him think it was a good business decision?

Bezos on the Melania movie: "By the way, it appears it was a good business decision. It did very well in theaters. It's done very well on streaming. People are very curious about Melania. So even though I had nothing to do with it, it appears the Amazon team made a very wise business decision."

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Trump to Coastguard Cadets: "See, now I say Eye-raan. I don't use, cause, he obviously has a correct pronunciation. 'We will go back to Eye-raan!'"

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Trump to Coastguard Cadets: "From the shores of Havana to the banks of the Panama Canal, we will drive out the forces of lawlessness and crime and foreign encroachment"

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i thought it was the greatest victory in military history?

Trump's commencement message to Coast Guard cadets: "Our country is hot. This is a great time. Our country is hot. I hate to say it, but I will -- the last administration, we were a dead country. Right now we're the hottest country anywhere in the world. We're respected all over the world. You saw that in Venezuela and right now in Iran. The only question is, do we go in and finish it up?"

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