The Wall of Shame: A 🧵 Scott Bessent: "The U.S. has a strong dollar...
Baufinanciaphaster 👹@bauhiniacapital
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Feb 16, 2025
~2 min read
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The Wall of Shame: A 🧵
Scott Bessent: "The U.S. has a strong dollar policy, but because we have a strong dollar policy, it doesn't mean that other countries get to have a weak currency policy."
reuters.com/markets/us-loo…
Scott Bessent: "The U.S. has a strong dollar policy, but because we have a strong dollar policy, it doesn't mean that other countries get to have a weak currency policy."
reuters.com/markets/us-loo…
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Hike input costs by $1trln, and consumption stays the same. Trump gets $1trln of tariff revenue.
And as Scott Bessent told us, there's no inflation because consumption/prices of other goods (the non-imported US-produced ones) go down.
And as Scott Bessent told us, there's no inflation because consumption/prices of other goods (the non-imported US-produced ones) go down.
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JD Vance:
“What I worry about is the threat from within.”
“If you’re running in fear of your own voters, there is nothing America can do for you nor is there anything you can do for the American people who elected me and President Trump. Thin mandates produce unstable results”
“What I worry about is the threat from within.”
“If you’re running in fear of your own voters, there is nothing America can do for you nor is there anything you can do for the American people who elected me and President Trump. Thin mandates produce unstable results”
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Bessent: tariffs don’t cause inflation. Unless they do. But they don’t b/c US goods prices fall.
But foreign producers absorb the cost. Except that the FX does that. But Bessent’s strong $ doesn’t mean others can have a weak ccy policy (by accepting tariffs?)
I’m confused.
But foreign producers absorb the cost. Except that the FX does that. But Bessent’s strong $ doesn’t mean others can have a weak ccy policy (by accepting tariffs?)
I’m confused.
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‘muricaaaa!
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"Sources told CNN the [Trump] officials did not seem to know [the National Nuclear Safety Administration ] overseas America's nuclear weapons."
Well... it's not like it is not on the front page of the DoE's website or anything...
Oops. Akshually...
Well... it's not like it is not on the front page of the DoE's website or anything...
Oops. Akshually...
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Others have posted this. It is a shocker. It deserves to be here. Another letter followed but even the Nat'l Review accuses Trump’s AG + dep AG of lying about why they ordered U.S. attorneys to drop corruption charges against Adams.
x.com/JayShams/statu…
x.com/JayShams/statu…
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This is the other letter. At least 5 others have also resigned. And then Bove (recently Trump's criminal defense atty), got input from Adams' lawyers (Musk and Trump lawyers, respectively), and Bondi + Bove explicitly said decision to dismiss the case was NOT based on facts/law
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Reminder... The Justice Department’s directive calls for the incoming U.S. attorney for the Southern District to reassess Mayor Adams' case after the November 2025 mayoral election.
It is an explicit quid pro quo.
It is an explicit quid pro quo.
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The Trump admin appears to have cancelled the Epidemic Intelligence Service at the CDC.
Nice one. That'll save a few bucks. Anyone foolish enough to eat bad hot dogs or L.I. Sound oysters, or get bitten? They can die.
A remarkable thread about the EIS:
Nice one. That'll save a few bucks. Anyone foolish enough to eat bad hot dogs or L.I. Sound oysters, or get bitten? They can die.
A remarkable thread about the EIS:
Farzad Mostashari@Farzad_MD
1/ After residency at Mass General Hospital, I reported to Atlanta to meet my fellow CDC Epidemic Intelligence Service Officers.
I have never felt so intimidated by my peers
The best and the brightest, they were star clinicians, had served in disaster zones; MD/PhDs and MSF.
I have never felt so intimidated by my peers
The best and the brightest, they were star clinicians, had served in disaster zones; MD/PhDs and MSF.
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Some clarifications about the points JD Vance made while in Europe, in his "blunt" speech about free speech and other things.
It's a thread with details and receipts.
It's a thread with details and receipts.
Danny Boy@Care2much18
This speech is full of half-truths, distortions, misleading claims and outright lies.
Basically living up to every meme, trope and unfair stereotype, of Americans being ignorant morons.
I'll go through each of the claims he made in this segment and what the actual facts are. /1
Basically living up to every meme, trope and unfair stereotype, of Americans being ignorant morons.
I'll go through each of the claims he made in this segment and what the actual facts are. /1
