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#oligarchy

110 posts52 participants5 posts today
InstagramMeidasTouch on Instagram: "Obama: Imagine if I had done any of this. Imagine if I had pulled Fox News’ credentials from the White House press corps. Imagine if I had said to law firms that were representing parties that were upset with policies my administration had initiated, that you will not be allowed into government buildings. We will punish you economically for dissenting from the Affordable Care Act or the Iran deal. We will ferret out students who protest against my policies. It’s unimaginable that the same parties that are silent now would have tolerated behavior like that from me, or a whole bunch of my predecessors."105K likes, 3,117 comments - meidastouch on April 4, 2025: "Obama: Imagine if I had done any of this. Imagine if I had pulled Fox News’ credentials from the White House press corps. Imagine if I had said to law firms that were representing parties that were upset with policies my administration had initiated, that you will not be allowed into government buildings. We will punish you economically for dissenting from the Affordable Care Act or the Iran deal. We will ferret out students who protest against my policies. It’s unimaginable that the same parties that are silent now would have tolerated behavior like that from me, or a whole bunch of my predecessors.".

For those who want an old guy's opinion on the Tariff "tumult"...

"As financial markets reel from the recent tariff announcements, a perfect storm of technical indicators and safe-haven asset movements is painting a concerning picture for investors"

#Crisis #Tariffs #USA #EU #News #Democrats #Fascism #Economy #GDP #Oligarchy #Inflation #Stocks #Investment #Financial

eirenicon.org/trade-wars-and-m

dark clouds in the sky
eirenicon llc · Trade Wars and Market Signals: Navigating the Current Financial Storm

"It’s hard to think of any occasion when America dealt itself such a self-inflicted economic wound.

the tariffs that President Trump announced just after markets closed on Wednesday, triggered the fifth-largest point drop in the history of the Dow Jones Industrial Average on Thursday — with further massive losses underway today — are bigger than Smoot-Hawley."

#Crisis #Tariffs #USA #EU #News #Democrats #Fascism #Economy #GDP #Oligarchy #Inflation #Stocks

natesilver.net/p/wall-street-t

Silver Bulletin · Wall Street thinks Trump's tariffs will eat Main Street aliveBy Nate Silver

For those who track such things:

"Dow Jones Industrial Average was down 5.5%, a decline of more than 2,200 points, in late trading, as the index entered correction territory. The S&P 500 was down 5.6%, while the tech-heavy Nasdaq Composite fell 5.5% to enter bear market territory. Major indexes on Thursday posted their biggest losses since 2020"

#Crisis #Tariffs #USA #EU #News #Democrats #MAGA #Fascism #Security #Constitution #Economy #GDP #Oligarchy #Inflation

investopedia.com/dow-jones-tod

InvestopediaDow Jones Today: Dow Plunges 2,200 Points as Trump Tariff Selloff Accelerates; Nasdaq Enters Bear MarketStocks plunged for the second straight day on Friday as fears grow that an escalating global trade war will cut into corporate profits and stall economic growth.

"Fed, Powell Offer No Balm for Crashing Markets, Consumer Anxiety

The Federal Reserve chairman said it was too soon to discuss what the central bank will do as Donald Trump’s policies unnerve investors and consumers."

#Crisis #Tariffs #USA #EU #News #Democrats #MAGA #Fascism #Security #Constitution #Economy #GDP #Oligarchy #Inflation

usnews.com/news/economy/articl

Continued thread

"The sweeping package of tariffs unveiled by Donald Trump on Wednesday includes an exemption for the energy sector, which is a clear sign of the president’s fealty to his big oil donors over the American people, advocates say."

~ Dharna Noor

#Trump #tariffs #StockMarket #economy #recession #inflation #stupidity #incompetence #destruction #BigOil #OilandGas #oligarchy #billionaires
/20

theguardian.com/us-news/2025/a

The Guardian · ‘Oligarchy’: Trump exempts big oil donors from tariffs packageBy Dharna Noor