so a “war” on our own bond markets then? Will they be firing missiles on buildings in the US?
…What a time to be alive.Translation: All we have left is the hammer and if that can’t solve the problem then we’re fucked
Epstein files? Can the military be used to get those?
Pretty sure the military is used to protect those in the file.
This statement is really weird, even for Trump because in the question asked immediately prior he clearly understands the question about whether he directed Bessant to intervene in the bond market stating.
“Not at all. No, he’s a very capable man. He wanted to do it. He’s very good at it. He is a good touch. Very good natural touch for the bonds and interest.”
Right? He understands ehats beung spoken about, or his answer at least makes it sound like he does.
Then the reporter mentions that yields came back up and asks if Trump was going to direct Bessant to do “some other type of intervention”. At this point Trump suggests military intervention.
He goes from “Bond market intervention” -> “Interest rates” (reasonable) to “Intervention” -> “I might direct the military to attack the bond market” (deranged) in, like 10 seconds. Is he just playing word association? Is he fucking with the reporter?
I disagree with your assessment that he understands the first question. His answer is just your typical responsibility deflection (“He wanted to do it”) combined with vague praise (“He is a good touch”). It’s akin to Maurice’s generic answers about football in IT Crowd (“Did you see that ludicrous display last night”). The only thing Trump DOES understand is using the military for his problems, which is why his answers ultimately land there.
This is my read on it too. He has no idea whether we want bond yields high or low or what. He actually feels a little bit attacked by the question because he doesn’t understand it. At first he tries to deflect it, because if the question will just go away, he doesn’t have to care about it anymore. But then there’s a follow-up. This is a challenge that isn’t immediately going away. That makes him angry. He still doesn’t know what’s going on, but now he has to care about that. So he’s gonna make a vague threat about being in control of the military. That should do the trick. That makes the reporters’ eyes get wide every time, and he can just walk away at that point and be guaranteed to get a lot of press attention. It’s a win-win.
You have to understand that he doesn’t see these interviews as means of communication. He sees them as power struggles. Any communication that occurs is entirely incidental.
Someone else offered the darker explanation that he’s threatening to use the military against countries like Canada who decide to reduce their investment in US bonds. I don’t know whether that’s seeing meaning where there isn’t any, but here in Canada we haven’t forgotten that Trump keeps saying he wants to destroy our country one way or another. But overall I think it’s more likely he’s just failing to understand the question then forgetting what he’s supposed to be talking about.
Yeah, he definitely seems untethered enough that any kind of threat seems risky to entirely dismiss. I don’t think he’s gonna do anything with the actual military against Canada, though. That’s expensive, and his puppeteers don’t see a big profit in it. He’s kind of already acting as an occupying force within the US, and his hold on power here is tenuous; and war with Canada, who can actually hurt Americans on their home soil, would be even more unpopular than his various overseas entanglements.
“I might direct the military to attack the bond market” (deranged) in, like 10 seconds. Is he just playing word association?
One hundred percent got stuck on the word “intervention” got lost in the brain fog, his alignment forbids STFUing or asking for clarification, so he just pattern matches over to “military” and his speak box handles the rest (no thoughts required for duckspeak)
America isn’t like this because Trump is president
Trump is president because America is like this
Decades of stripping education funding is taking its toll
It’s worse than that. Everyone has been brought up to be a narcissistic consumer and they approach public policy the same way.
The amount of times I’ve heard “why should I pay taxes for school, my kids are grown” is way too damn high
I became so disappointed in my grandmother when I was in high school when she expressed this attitude. I couldn’t understand why it mattered as children still needed school.
Idiocracy was the game plan all along.
It was idiocy all along.
Signed - a native whose ancestors talked at length and wrote down (or had someone else write down) how dumb they were in the very beginning, before there was even a nation
That’s not the issue at all. It’s the curriculum, the no child left behind act implementation, and the overall indoctrination and corruption of a system of government that rewards the rich.
Most schools get plenty of money and just blow it on things they don’t need. Buildings way too fancy and overpriced educational subscriptions to crap, instead of spending it on more teachers and teacher salary. The money is plenty there. None of the rich fucks get a cut from cheaper buildings and teacher payrolls.
Stripping education doesn’t necessarily mean money. The GOP has waged an all out war on knowledge over the last few decades. Hell Fox News was recently saying “colleges make liberals” despite the fact that all the people saying it had college degrees.
No Child Left Behind gas been terrible. And I agree that money needs to go to teachers, not admins
I’m in my mid 30s and Fox News was saying that colleges make liberals when I was in middle school.
Probably even before that, I was just too young to notice
Fox News was recently saying “colleges make liberals” despite the fact that all the people saying it had college degrees.
Wait, Jesse Waters has a college degree?
deleted by creator
In 2001, he graduated from Trinity College in the state capital of Hartford, Connecticut, with a Bachelor of Arts in history
A liberal arts major, no less. From an East Coast private school in one of the bluest states in the country.
They use their money on the sports stuff because they can sell it.
You say that like some of the most educated people in the country don’t consistently vote Republican.
This idea that earning a MBA or a JD or an MD makes your politics good is completely wrong. The idea that failing to earn a HS Diploma makes you unqualified to vote is equally dogshit.
Politics is a consequence of your social affinity and your material conditions. You don’t just take a class and become a liberal Democrat if your grade is high enough.
Yes, but ceteris paribus, an educated electorate is going to make better decisions. Or rather, the number of obviously bad decisions rejected is increased as knowledge of history and concepts deems them unworkable. Society exists.
an educated electorate is going to make better decisions
I have seen no evidence to this effect. Consider South Africa under Apartheid. Once an individual realized how they benefited from systematic oppression of those below them, more and more fell in line. It is the “uneducated” underclass that made the revolution possible. And it was only possible through a strong social network that defied the “educated” understanding of micro-ethnicities that the Apartheid government sought to entrench.
Same with Israel. You’ve got tons of educated professionals in that country who are explicitly and knowingly there to participate in a genocide. The Palestinian opposition has no education infrastructure. They can only resist through social cohesion and trust networks predicated on faith.
The UK, another excellent example. A massive university system that largely exists to reproduce neoliberal ideological beliefs in a population that manages a predatory financial system and an arms export industry.
Yes, if you cut off those two proceeding words then hyper focus on a few examples (which have become examples of bad when once they were the norm- sort of making my point for me) without global or historic context, you’ve really made a strong case. Meanwhile, more people living in more places today have a better standard of life in more just nations than at any point in history and it correlates to increases in education.
This idea that earning a MBA or a JD or an MD makes your politics good is completely wrong
Well, on average… it does.
You don’t just take a class and become a liberal Democrat if your grade is high enough.
No, but being intelligent is correlated with both of these things. Dumb people are more easily tricked by right wing talking points. Dumb people also don’t get good grades. Smart people are, for whatever reason, more likely to agree with liberal or leftist talking points. Smart people are also more likely to get high grades.
Well, on average… it does.
The Republican majority in Congress, the SCOTUS, and the White House all have advanced degrees.
Average. On average, people with degrees are more liberal/leftist. As a group. Separate the degrees from the non-degrees, and measure their liberalism/leftism, and find which group has the higher average. Average.
Average.
On average, people with degrees are more liberal/leftist.
On average, liberal neighborhoods and counties have more educated people.
Go into a red neighborhood, and the math changes. Mormons break 70 R / 22 D / 8 I for candidates while enjoying a 36% bachelor completion rate - 3pts higher than the national average.
Hindus break 46 D / 49 R and have a staggering 70pt college competition rate.
Meanwhile, historically black Protestants have a meager 24pt college rate, but regularly vote 80/20 Democrat.
Go into a red neighborhood, and the math changes
No, it actually doesn’t. Within a Mormon community, I would wager we would still see that the most educated Mormons are also, ON AVERAGE, the most liberal/leftist Mormons.
Sure, if this is the only thing you knew, there could be a Simpson’s paradox situation, but we already know what the data looks like when we count everyone as one big group. Your “exceptions” can be true, and at the same time, are not evidence against the original claim. Even IF you found that, within EVERY group, education correlates with conservatism… it would just be Simpson’s paradox, because we already know that, on the whole, education is correlated to liberal/leftist attitudes.
You’d rather have uneducated strippers?
When the economy goes to shit, the practical trades are the great bastion of the working person. Strippers will thrive.
…/s? 🤔
That’s the best kind
well trump like strippers.
The truth many Americans don’t want to hear.
Trump is a mirror.
It a fair and accurate criticism and it probably shouldn’t have snuck up on us like this.
For those of us watching this ramp up from the 90s into the 2000s and the Tea Party and the 2010s… it… really wasn’t a shock.
Exactly. I gave up hope when W was elected a second time after an abysmal presidency and terrible performance in the debates prior.
I honestly thought that W was the lowest you could go. But in comparison with the current president you somehow wish you could at least go back to that level of presidency. Much bad to be said about him, but at least he was gentleman with respect for other people, institutions and the constitution.
How does this guy manage to get dumber with each passing day?
Age and lead poisoning?
But he would surely have negative IQ by now?
Dementia.
This is more an example of advanced senility dementia that spouts more and more absurd out of his mouth, rather than any imminent declaration that any bon seller is a commie traitor insurgent. Though central banks around the world might want to consider this out of control spiral, and sell before they are threatened not to be allowed to sell.
Still this is just the dotard mixing up his talking points, although technically he could claim winning this war. The bond market no longer has an air force or navy, and its missile production facillities are down at least 90%.
What the dark magic,
Keeps this fucking ghoul going?
They say victims’ blood
Dipshit is so delusional he thinks he can send the military after bond traders.
I laughed about your comment, paused, and then started getting nervous.
I decided to take a quick glance at the article and came across this:
President Donald Trump suggested Friday he could use the military to stage an “intervention” on bond markets in a confusing response to a reporter asking about Treasury Secretary Scott Bessent’s efforts to bring down soaring yields.
Much to my dismay, you weren’t exaggerating.
Just for the record: in the comments section of a post about a news article in a news community, you described a story about how you read what the lead says when you took a quick glance at the article.
We’re talking about an “article” that is shown as a “2 minute read”, and takes about 30 seconds to read.
Fun fact: the demographic in which Trump gained the most before the 2024 election was “people who don’t read news daily”.What the fuck does that even mean…
He can. There’s literally no process to stop him right now. He could have people executed in the streets and his supporters would cheer and sell merch.
He is having people executed in the street, and they are.
Murdered
Potato tomato.
The question of whether killing someone is legal is very important
State sanctioned murder is also murder. So no, I don’t think it’s that important.
He had someone extraducially executed in the street in 2020 too and nobody was ever held to account
Wait can we?
Sending Navy Seals to kidnap Jamie Diamon and taking him to Gitmo would be incredibly based.
“And then we’ll send the Marines to shoot inflation in the FACE.” – Some president soon, probably
Let’s hope we never have another president as fucking stupid as this one
Let’s hope you have another one period
don’t worry, the next guy will make Trump look like Dubya
Dubya looks like a fucking Rhodes Scholar compared to Drumpf…
go lower, sarah palin looks like a rhodes scholar compared to trump.
But Brawndo’s got electrolytes.
This is insane even for Trump. What would a military intervention in the bond market even mean?
My guess is this is just dementia related word salad.
The largest chunks of US bonds are held by nations, so I think the subtext is that if any nation starts dumping bonds to hurt the US economy he may consider it a casus belli. Basically forcing them to hold the bag at gunpoint. This is a dream situation for a conman like him.
But wouldn’t that essentially make US bonds untradable, thus worthless?
This is what he means. In fact, I think he is specifically referring to Canada. The first time Trump brought in tariffs, Carney initiated a little bond market run, causing him to back down. It was the first “CO” in TACO. Trump has been bristling since then.
I hate how the headline tries to trivialize the fact that America is threatening to attack its former allies on the basis of trade irritations. This guy is fucking mental.
Damn I didn’t consider that but it makes some sense. What a fucking monster.
and here I was hoping he would sell some nice military surplus gear to buy them back
Marching into the stock exchange and telling people what the numbers should be, probably…no, almost certainly. 😦
Is it really an escalation from the already established case of ‘wanting to nuke a hurricane’?
Yes. I mean that’s very insane but frankly not even as insane as nuking a populated area. Let alone an intangible concept like a market.
Maybe he just watched Beverly Hills Cop 2 and wants to steal a bunch of bearer bonds.
A lot of shit seems to have happened after Trump watched a movie over the weekend. What a stupid state of affairs we are in.
Big if true. Make him watch Disney and Star Trek if true.
he’s willing to blow up a school to distract from his star role in the Epstein Files.
now he’s going to blow up a bank to distract from his economic fuckup
My translation is: if people keep complaining about whatever bonds are we can invade Greenland or Uzbekistan or Herd Island.
Ol’ reliable: issue $1,000,000,000,000,000 in fascist funny bonds and invade Canada.
You can’t imagine what a $2 trillion budget can do to a bond market?
Same guy who wanted to nuke hurricanes.
Evidently this is asked a lot and had been answered
Hmm… I am starting to see a pattern here…
Trump is getting onboard with the Occupy Wall Street movement?
This needs to stop. Why are we letting a dipshit pedophile destroy our country?
It’s not a case of the people “letting” him destroy your country. The people wanted him to. Maybe not all the specific details of how he’s doing it, but the previous election was largely a choice between “status quo” and “break the system” and break the system won. For some reason few of those voters seemed to be aware of how well the system was serving them, it appears they may have been misled. But that’s democracy for you.
Plesse stop with this nonsense narrative. The super-rich and corporations want that, regardless of who is in office, and they get that. They are ecstatic that it’s hastening under the current mouthpiece, everyone spouting this nonsense are just mad it’s so mask-off, and kidding themselves it wasn’t still happening under the fake opposition.
The super-rich and corporations want that
The real problem is that because the super-rich want it the majority is also on board because they are mostly brain-dead and will parrot every shit media pours into their empty heads.
Which again leads to: the people want Trump. Why they want him is a completely different topic. But the fact does not go away just because you don’t want it to be true.
Their heads are not empty. They are filled with believe in an individualist notion of the subject and accordingly in individual freedom beeing maximized in a free market. This ideological branch is called liberalism and it’s been hegemonial for about 80 years, mostly under the brand neoliberalism.
Those 2 central believes proof more and more dysfunctional, but the threshold to overwrite them is high, regarding the consequences for ones social identity, how to view ones biography, friends, role models, etc.
The democratic party is neoliberal, the republican party as well, MAGA might have some neo-feudalism and fascism added to the mix.
There is very little political organization among the majority of people, like in neighborhoods or at work (unions weak), that could provide socialist critique or the experience of lived solidarity.
Anti-communism adds to the threshold of reforming ones ideolocical dead end situation.
Here you go, a little praxeological explanation of why people are so “dumb”, which is much better than saying they are idiots, at least when it comes to actually trying to better the world, when it comes to hope ;)
Here you go, a little praxeological explanation of why people are so “dumb”, which is much better than saying they are idiots, at least when it comes to actually trying to better the world, when it comes to hope ;)
Yeah, sounds right… until you broaden your horizon and realize that this is not US exclusive.
There are many countries that actually have non-neoliberal parties to chose from. And guess what… those also don’t get enough votes to be more than a minor factor in government coalitions. Because the reality is: many people are really idiots (not their fault often given the state of education but still…) and fall for the same right-wing screaming again and again (and yes it is exactly the same - the right only has one single playbook and they all constantly copy from each other), no matter if there is actually a voice of reason to listen to instead.
yes, elsewhere the 2 party system does not help stabilize hegemony. It still works good enough to keep a fundamental question of social order from happening.
Still, analyzing the situation with notions like hegemony and the praxeology of ideology is far more fruitful and instructive. It leaves room to look for breaklines and opportunities in the political-pedagogical complex of humans writing history.
Diagnosing general idiocy or constrict it to public education obfuscates chances of change, thus stabilizing the whole shitshow further…
The more aware I become, the more I’m aware it was by design, from the beginning.
Education needs more focus, as always. Logic and critical thinking can easily be taught in primary school. Most people can be taught the basics before they’re 10, and more detailed before they graduate. This won’t make everyone start thinking things through, or agreeing, but you will actually be able to see the consequences of some choices. Like who pays tariffs.
boTh SIdEs
the poor are too busy dying without healthcare
The poor are overworked and overwhelmed, extremely underserved or disserved, and floundering about as best they can for solutions.
They need to take a cue from what is supposedly taught in scuba lessons: if you forget which way is up, stop swimming and watch the bubbles.
Because the republicans have control over all three branches, and the party has dedicated itself to authoritarian rule under that orange asshole.
This is the government that they have been wanting for my entire life. This stupid fucking country decided to finally gift it to them.
yeah I keep saying this. Im not the type to say conservatism is all bs but they have no relation to actual ideals they had before nixon and by nixon half of it was gone and with trump 100% is gone. whoever they are they need to wake up and realize thier party have violated the constitution to a level where the party is not only unamerican but traiters to the country. they have to realize that they have decimated federal departments including their favored military ones. they need to realize their party did not just not make america great again but have mired us in awefulness. The party and its brand cannot be salvaged and has to go. They should realize this has also spoiled the libertarian brand as well and need to start anew. Anything made would need to start small and show results with actual improvments to localities and states to show they have found their ethos again. they need to look back at lincoln, roosevelt, eisenhaur. Heck they should be the party of healthy land, air, and water for america. they should be anti corporate monopoly and pro small bussiness and farms. they should be pro individual rights. ugh.
Who’s we?
Hey now, I can actually get behind the idea of invading wallstreet. Lets let the man cook.
Oh good point!
And our world. Don’t forget that.
Let’s see if people keep voting for him and his party!
Because no one has guns in the US.
