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Showing posts from May, 2025

What will Trump do about Putin and Ukraine? Nothing

As of May 31, 2025, Russian Tsar Vladimir Putin is trumping up the credibility of our MAGA King. Putin remains at the center of escalating geopolitical tensions, marked by intensified military actions in Ukraine and strained international relations jeopardizing Trump's credibility worldwide. Escalation in Ukraine In the last week of May 2025, Russia launched its most extensive aerial assault since the onset of the conflict, deploying 367 drones and missiles across Ukrainian cities. This offensive is perceived as a direct challenge to King Trump and signifies a significant escalation in the ongoing war. ( The US Sun , ElHuffPost ) Concurrently, Russian forces are amassing approximately 50,000 troops near Kharkiv, Ukraine's second-largest city, indicating preparations for a substantial ground offensive. Analysts suggest that Putin aims to achieve a decisive breakthrough within a four-month window before Russian military resources become critically depleted. ( The US Sun ) Int...

Trump Is Doing More Harm Than Good to the U.S. Economy

Trump Is Doing More Harm Than Good to the U.S. Economy Rhetoric, Retaliation, and Economic Disarray in the Second Trump Term May 30, 2025 In his second term, the MAGA King promised to rebuild American strength through tariffs, industrial nationalism, and government streamlining. But as his policies fail to take root, a growing chorus of economists, trade experts, and business leaders warn that the king may be doing more harm than good to the U.S. economy. From unpredictable tariffs to aggressive budget cuts, analysts argue that Trump’s approach is undermining business confidence, destabilizing trade relationships, and weakening long-term growth prospects. The economy may very well be in a recession already. Old Money & Pro-Immigrant Elites vs. New Money & No Money Nationalists: American Politics Simplified Before we continue looking into how the MAGA King is messing up our economy, let's take a quick look at a simplified version of the history of our politics.  Once upon ...

Rich People Poop Too: Elon Musk’s 99.9% Failure as Head of DOGE

Elon Musk’s 99.9% Failure  The Billionaire’s Most Embarrassing Failure Yet 30 May 2025 Elon Musk, the world's richest man, known for sending rockets into orbit, building electric empires, and pioneering brain-machine interfaces, is human too. Elon's foray into government may go down as his biggest professional failure. He has bigger failures in his personal life. As the inaugural head of the Department of Government Efficiency—better known by its meme-inspired acronym, DOGE—Musk promised to slash federal spending by $2 trillion. The result? $2 billion in verified savings. That’s a 99.9% shortfall. In private enterprise, Musk has often bet big and failed forward. But in government, the same playbook has yielded something different: disruption without results, and the most embarrassing performance ever.  🚨 The $2 Trillion Promise Upon accepting the Trump administration’s appointment to lead DOGE, Musk proclaimed his intent to “trim the fat” from Washington. In his words, “...

Uncertainty Trumps MAGA: Tariffs are Worse than Taxes

Uncertainty Trumps MAGA: Tariffs are Worse than Taxes May 29, 2025 All credit to King Trump for trying to make America great again. We just need to try better ideas. Lowering taxes on all Americans, reducing wasteful spending, subsidizing domestic manufacturing, and negotiating trade agreements are good ideas. Tariffs, on the other hand, are a terrible idea. The uncertainty about tariffs can be even worse.  Why Tariffs Are Worse Than Taxes In debates about economic policy, few tools are as politically tempting—and economically damaging—as tariffs. They’re often sold as a way to protect domestic jobs and punish unfair foreign competition. But in practice,  tariffs are worse than taxes —for businesses, consumers, and the economy as a whole. Here’s why: 1. No Deductions, No Exceptions, No Loopholes Unlike income taxes, which offer deductions, credits, and ways to reduce liability through investment or strategic planning,  tariffs are flat, unavoidable charges . Whether you'r...

Best ETFs to Buy Now

May 27, 2025 Best ETFs to Buy in June 2025  Money doesn't grow on trees. It grows on properties. The quintessential divide between rich and poor is based on property rights. Property owners are or become wealthy. Non-property owners are or become poor. In the old days, "divine" kings would grant property rights to their relatives and friends (the nobility). The "nobility" would make further property grants or enter into business deals buying and selling property. Those who would become skilled in buying and selling would become property owners and become the new rich.  One of the best ways to become a property owner these days is to buy "exchange traded funds" (ETFs). Each ETF is a "basket" holding specific assets based on the investment strategy chosen by the ETF manager. Some ETFs simply track and mimic the composition of major indexes (e.g. VOO tracking the S&P 500). Others invest in specific commodities (e.g. gold) or special assets (...