Category: Trump promises

More Detail on Trump’s “Big, Beautiful, UGLY Bill”

On July 3rd, the House of Representatives voted in favor of the single most inhumane piece of legislation in modern American history – a budget that strips healthcare away from 17 million Americans, takes food assistance away from 3 million Americans, eliminates school meal access for more than 18 million kids, adds nearly $4 trillion to national debt, sends electricity costs surging, and substantially raises health care premiums for older adults with ACA coverage.

All for what? Just so that 84 of the wealthiest people of the world get a tax break. So Donald Trump got what he wanted. His so-called  “Big Beautiful Bill” has now become law. Say goodbye to Medicaid, and say goodbye to SNAP.

The “Big, Beautiful Bill” slashes food and health benefits for the poorest Americans, while giving tax cuts to higher earners – blowing a hole in the nation’s safety net, accourding to healthcare experts and advocates for lower-income people.

Why it matters…  Experts say the cuts could unleash a tadal wave of pain – overcrowded emergency rooms, an increase in chronic health care issues, more medical debt, and more folks going hungry.

While a handful of the wealthiest people of the world get richer, the middle class and some of the poorest people of the world will die, because they will be denied health care. So now there is “No tax on tips” which gives just a few people a break, but that provision in the bill expires in a few years. But what about “Lower taxes for the rich” because of the bill. The bill extends the 2017 tax break that Trump gave to the rich in his first term. This bill cements this tax break permanently for the rich.

What happened about “No taxes on Social Security”? That provision was pretty much cut out of the bill, even though Trump promised that he would eliminate taxes on Social Security. A tax deduction on Social Security was added, but capped at $6,000. 95% of people who collect Social Security will continue to pay taxes on their benefit.

The people still do not know what’s in a bill that the Senate and House approved of and that Donald J. Trump signed into law. The lawmakers didn’t even have time to read the whole bill. But what is known is that the rich benefit and the middle class and poor are now behind the 8-ball.

So again, let’s go through some of the highlights that will haunt the Republican party in the mid-term elections.

  • $1.1 Trillion in Health Care Cuts.
  • 17 million losing health care.
  • Medicaid will disappear.
  • Kids with disabilities and the ones needing insulin are about to loose that.
  • All government assistance, including food stamps, housing and government assistance is lost just to give a massive tax break to 84 of the richest people in the world.
  • $4 Trillion tax cut for the rich would lock in many of the 2017 tax cuts passed in Trumps first term for the richest Americans.
  • It turbocharges funding for Trumps massive deportation.
  • It begins a seismic shift in the nation’s fiscal trajectory and raises the risk of a debt crisis. The national debt rises substantially, with $3.5 Trillion to $5 Trillion added.
  • In the Quinnipiac poll, only 29% support the bill, and 55% oppose it. The lawmakers that represent their people did exactly the opposite of what the majority wanted, just so that they could please Donald J. Trump. In a Fox News poll, only 39% support the bill, and 59% oppose it.
  • This bill will damage small cities and towns, many of which are Republican strongholds. Why? Because it stops money from being destined to local hospitals, approximately 1,000 hospitals across the country. Many of these hospitals will close because of the lack of funding. These hospitals are in rural areas, where the hospital itself is one of the largest employers in the area, and people will lose jobs. Towns will file for bankruptcy. They can no longer stay solvent.

Medicaid will no longer be approved for people that do not qualify for Medicare.

The so-called fiscal conservatives fell in line with the bill. The Republican party caved in. No longer can they ever own the moniker of being a fiscal conservative. The Republican party is a joke, and they do not represent their constituents, but instead they represent Donald J. Trump, a convicted felon, a tax cheat, a fraudster and a convicted rapist.

Markets Crashed from the First Moment today – No Liberation Day but a Promised Recession

April 3, 2025

Right on cue. As predicted, the U.S. stock market has tanked, as Donald J. Trump, a convicted felon destroys the U.S. economy that was once the envy of the world.

As the coward Trump is, he waited until the stock markets closed yesterday when he finally initiated his latest tariffs, this time affecting countries around the world. And yes, he says he doesn’t monitor the stock markets. Just another lie.  It is now officially known at the Trump International Trade War. Trump owns it. He cannot blame Biden or Obama. No smart president in his right mind would do such a thing, but Trump is literally sick, and he is now taking the country to a recession and a lower GDP of at least 3%. Before his election, the GDP was expected to grow by at least 3%. When the markets closed yesterday, i.e. the DOW was up by 235 points. Traders were hoping for the best, but knew what was going to come as soon as Trump went forward with his dire plan.

The DOW futures just before market opening in just 10 minutes is down by nearly 1200 points. A total disaster.

Time to pause this report, as the moment of recogning is fast approaching. I’ll continue with this note when the markets actually open in 8 minutes…

9:30AM ET (MARKETS NOW OPEN)

OK, the moment is here.   The DOW JONES INDUSTRIAL AVERAGE, known as the DOW, closed yesterday in the green from the previous day of 235 points, up by just .56%. This morning it has now opened in the negative of 1,111.22 points or -2.63% from yesterdays close of 42,225.32.  I’ve been predicting this moment for months. It opened today at 41,114.10. That is just a total disaster, completely brought on by Trump, who wants to make sure that Americans feel pain. The economy is weaker and EVERYTHING just got more expensive. So much for Donald Trump promising that the economy will get better and that he would lower prices.  Some businesses will be forced to close. At this moment of time, there is the highest unemployement filing in the country since 2021. This disaster all happened in the last 80 days, when Trump became president.

The other markets that Americans follow fell too, and not by just a little. Roughly two hours before the start of trade at 9:30AM ET this morning, futures for the S&P 500 plunged 190 points, or 3.3%, while futures for the Dow Jones Industrrial Average and the tech-heavy Nasdaq composite index sank 3% and 4%, respectively.

I am literally sick about this result from Trumps egregous disregard to the American economy. Countries around the world will reciprocate in their own way with tariffs against the United States of their own.  Like I said, literally EVERYTHING has just become more expensive. It’s like jumping off of a cliff. Once you jump, you will continue to fall to your death. This is what is happening to us now.

Donald Trump is a disaster in all things related to the economy. He’s the guy that promised to address the high cost of living, and he stated that costs would go down on DAY 1 of his presidency. That is not happening. Costs are not going down, they are going up. Inflation is going up.  No doubt the stock market is colapsing, and what that means is that the retirement savings of every day Americans are disappearing by the hour. It is all because of Donald Trump’s reckless mis-managment of the economy, as he knew full well what was going to happen. Economists predicted it and now these tariffs that he imposed will raise the cost of everything for everyday Americans in many estimates of thousands of dollars per year. Who gets affected the most? Regular people like you and me will feel the ‘pain’, and it’s not going to go away any time soon. Of course rich guys like Trump and Musk could care less because the tariffs don’t affect Trump. They will affect Musk in a way as it will negatively impact his Tesla business but that’s just a drop in a bucket for the richest man in the world.

Trump was supposed to help grow the economy, at least that’s what people voted for him to do when he became president, but instead, he is crashing the economy in real time. Today is NOT liberation day, it’s RECESSION DAY, because that’s where we are headed.

Most people aren’t aware of these things until it affects them. Maybe they will wake up when the cost of gasoline goes through the roof. That’s coming. I haven’t been wrong in the past, and I’m not wrong now. It’s coming.

All we can do now is pray that Trump shows his cowardness once again when he finally drops the tariffs, hoping that other countries will drop theirs. Yes, he says he doesn’t look at the stock exchanges, but I would bet any money that he is now.

Stocks Continue to Fall while Trump Lies to Joint Session of Congress

March 5, 2025

As was the case on Monday, Dow Futures are ahead, but just like on Monday, the stocks will again tumble. There is no stability, and with the tariffs in effect, the markets do not have a chance to level out. All they will do is fail. It is now March 5th, after Trump’s speech to a joint session of Congress last night,  proclaiming that he is doing what the voters wanted him to do, because he claims he had a mandate during the election.  One major problem with his speech was that it was full of lies.

Regarding the futures, the Dow Jones is up right at this moment by .46% or 195 points. S&P futures and Nasdaq futures each added about .7%. This is what is happening now. But the speech by Trump to a joint-session of Congress was disturbing.

During his speech, it was obvious that he was ad libbing during parts of his speech.  He obviously was trying to highlight his ambitious vision for America, which is what he wants everyone to believe.  The address was marked by interruptions with several Democrats, including Jasmine Crocket and Maxine Waters, walking out. Trump’s claims about the economy Social Security and tariffs were fact-checked revealing significant discrepancies. Then Alyssa Slotkin’s Democratic response emphasized the importance of the middle class, national security, and democracy, uring citizens to stay ingaged and hold elected officials accountable. The discussion also touched on the need for a focused response to Trump’s claims. Slotkin’s speech was one of the better Democratic responses.

Trump did not share or have prepared remarks shared with the media. He was obviously ad libbing when he was making economic decisions, when he said that the American people would have to bear with him, that there would be little disturbance, and that there will be an adjustment period. He was suggesting that the roiling that we saw in the markets is something that he knows he cause, but he knows people will not mind.  But what is actually going to happen starting today, prices will be higher on just about everything. His tariffs that he didn’t highlight in his speech, will cause misery to the American people. He ran on lowering prices, not raising them.

For the record, the worst inflation in this country was in 1980, and the economy left for Trump after Biden was considered worldwide as the best economy in the world. But instead, he implied that his economy of his first term was better than Biden’s single term in office. The best economy of the world was described that way in the ‘Economist magazine’ as the envy of the world

Trump then attacks Social Security. I’ve said this prior to his speech last night that Trump and Musk will eventually attack Social Security and when it is interrupted, it can fail. Trump is claiming massive fraud within Social Security and that there was overpayment in the millions, which for the record is completely false.

Trump claimed that the big three auto industries in this country love his policies, where in fact the CEO of Ford Motors, Jim Farley, said that Trump’s tariff policies would “blow a hole in the U.S. auto industry. Who would you believe, proven liar Donald Trump or the CEO of Ford Motors?

Regarding to support to Ukaraine, the U.S. has only committed about $125 billion to Ukraine’s defense, Europe has committed about $259 billion, the the president lied when he said that America has committed more more to Ukraine’s defense. Near the end of his speech he mentioned that last night before his speech to Congreee, Trump claimed that the president of Ukraine plans to do what it takes to end the war, including to give precious metals to the U.S. as partial repayment. He said that the president of Ukraine is now open to peace talks, and do whatever is necessary to prevent further bloodshed. After the White House meeting that ended in failure between the President of Ukraine and Trump, I hardly believe that Ukraine is ready to submit to the United States.

Trump claims that Joe Biden closed over 100 power plants, which is another outright lie. There were more utility sized power plants up and running in the United States when Joe Biden left office than when he achieved office.

Oil and gas production in the United States hit an all time record under President Joe Biden. Also, DOGE has never claimed that they have saved hundreds of billiions of dollars in savings. The largest items they have claimed to achieve as savings in the US budget have been debunked and they’ve been taken down. But even they don’t falsely claim hundreds of billions of dollars worth of savings. But Trump makes that claim, which is a total lie.

And then on top of all that he said, I can recall him making a spectacle out of praising a young man who thus far survived pediatric cancer, as if he as president had something to do with that. The fact is that DOGE cut amongst other things, funding for ongoing research into pediatrics.

Another thing that was immediately noticeable was when he mentioned that Elon Must is the head of DOGE. As noone would think this was really important since Musk seems to act more of a president at times than does Trump himself, but now the matter will end up in court, because Trump claimed to the court that Elon Must has no control of DOGE. So, it’s just another lie that Trump was caught in, as his statement in front of Congress was directly contrary to what the administration has overtly swarn to a federal judge about the leadership of DOGE. I’m hoping that the courts really put Putin in his place and criminalizes the organization.

 

Trump’s Second Term – Already a Disaster

November 23, 2024

I would like to preface my article here is to say my dear Republican friends have no idea what will be in store for them and for the country as they supported a rapist, a criminal felon, a fraudster and made sure that he reached the White House. It was not a fluke. He not only acquired the electoral votes to become president, he also had the popular vote, so there is no question that he won fair and square in 2024. Project 2025 did not scare the Republicans. Donald Trump’s first term didn’t scare them. His obsession in working with dictators like Kim Jong-un and Vladimir Putin didn’t scare them.

Do any of my dear Republican friends have their eyes open? Donald J. Trump, a man that only wanted to save himself from prison, is now President-Elect and will be our 47th President. He gets an out of jail for free card, for now. But in 4 years, when he can no longer run for president of these United States, Donald J. Trump will be sentenced to prison. He has been convicted in a court of 34 counts of felony. It was a unanimous decision. There was no question of his guilt. For the first time in Donald Trump’s life, he was being held accountable for his actions. The only thing left was his sentencing, and I got to give him credit, he pulled the biggest political trick on the American people, mainly Republicans, to have ever been seen in modern times. The Republicans showed their ignorance as at least half of the country voted for this criminal felon as their president. So, the people of the United States will now take a back seat and watch a want-to-be dictator destroy this county and he will have some success.

I made the previous statements because now the American people must deal with Donald Trump’s regained power as president, and they will pay the consequences for at least the next 2 years. In the midterm elections in 2026, I predict that the Democrats will regain control of the House of Representatives, and maybe control over both chambers to include the Senate. But what do I know? I was 100% wrong, believing the Kamala Harris could win the election. Since Trump literally beat her in this election as he never once lost the lead when the voting was being held, I’ve struggled since then to try and determine why Kamala Harris lost to Trump. I’ll try to explain my thoughts on this later in this article.

But, let’s start from the top.

Trump’s disastrous pick for Attorney General, Matt Gaetz, a test to Senate Republicans, was withdrawn as Republicans in the Senate say NO to Gaetz as the nominee for a position that needed to be confirmed in the U.S. Senate. That was never going to happen. Why? Because the Republicans in the Senate are joining the resistance, and there are a few of them left that will stand up for the right thing, but there IS enough of them. So what did Donald Trump do when he couldn’t get his number one choice to become Attorney General, he then picks a woman who most likely will be confirmed by the name of Pam Bondi, who is just as bad as Gaetz for the position. Remember Trump’s pick for the leader of the next Senate didn’t get chosen, as in a secret ballot, the Senators chose John Thune to replace McConnell who did not want the position in the next Senate.

Another great Trump pick, Pete Hegseth, nominated by Trump to lead the Department of Defense, has been accused of rape  and is a know drunkard.  You can’t make this stuff up, but only Donald J. Trump has the balls to try and pull the wool over the eyes of the American people, but at least for now, the Republicans in the Senate will have nothing to do with it. If he even makes it to the Senate confirmation process, he will most certainly fail. From all the reports that I read about him, he is the least qualified.  Lloyn J Austin III is Biden’s Secretary of Defense is a retired military officer and is very qualified in the position. PeteHegseth left FOX News as co-host of “FOX and FRIENDS” to take Trump’s nomination as Secretary of Defense. If this was a joke, it would be truly funny. But nominating Hegseth as the next Secretary of Defense is not a joke, but very scary. This man will be in charge of all men in uniform.

I thought I would never say this, but Rand Paul, who is a Republican from Kentucky whom I’m no fan of, but over the years he has proven himself to be a principled libertarian. He is a pretty respectable person. He ran for president in 2016, he is a doctor, he’s been vetted in the past, and I doubt if you will find any facts that he raped someone, or anything negative that would force Paul to bend to the will of Trump like the two nominees already mentioned for Trump’s choices. Rand Paul is aware of the fact that as soon as Trump becomes president, he will declare a national emergency and will use the military to round up undocumented people around the country. Trump always gives us an idea of what he is about to do, and just last week he mentioned that he will begin to round up people as soon as he becomes president. Rand Paul is not in favor of having the military go to the cities and hunt for people. It’s actually been illegal for the last 100 years to bring in the Army to our cities.

So going back to my initial points in this article, why were the Republicans so desperate in choosing Trump to become president? Well, they say he is the best person to fix our economy. And I get it. Prices have gone up substantially since Joe Biden has become president. But the ignorant Republicans do not realize that it didn’t make any difference of who became president in 2020, that the economy was going to take a hit.  But economists around the world will tell you that if they had a choice today, they would trade their economy for our economy without question. We literally have the best economy in the world, and we have Joe Biden and Kamala Harris to thank for it.

So let’s try and determine how Trump is going to make the U.S. economy better. Let’s start with California.

In California, undocumented people comprise up to 2-million people who contribute to the U.S. economy, but they comprise half of the state’s agricultural industry. For example, to demonstrate their clout, 30% of all construction workers in Los Angeles are undocumented. About 18% of all manufacturing jobs in southern California are performed by undocumented workers. Trump made a promise during the election to deport at least 5% of the undocumented workers from this county. THIS ACTION WILL DESTROY THE AMERICAN ECONOMY. The entire economy of southern California runs on undocumented workers.  Is this Trump’s way to punish California for being a sanctuary State?

It is fact, that in 2022, undocumented people paid billions of dollars in Federal, State and local taxes. They pay into Medicare, Medicaid, employment insurance and Social Security, even though they are not entitled to any of it. They subsidize our benefits. Furthermore, they are not the takers of our tax revenue, but the makers of it. They receive very little in return. In my eyes, there is no migrant or an immigration crisis. If anyone believes that the crisis exists, they are believing in lies. This country is a nation of immigrants. Our roots began in other countries. But let’s see what happens to the U.S. economy if mass deportations begin in January, as Donald J. Trump promises. One thing is for sure, he will close the southern border in January. He will begin deporting people from families that voted for him. That’s how Trump is going to show thanks to his voters, because he has nothing to lose while he is in office. He can’t run again, so his decisions will be taken right out of the Project 2025 playbook.  God help us all!

Yes, Donald Trump, who is nothing less than a lunatic, hasn’t even been sworn in yet, but his administration is going to be a disaster. Just for starters, we have 3 sexual assault scandals in one week. Matt Gaetz, Pete Hegseth, and we cannot ignore Linda McMahon who gave a blind-eye of the child rape over the WWE is now poised to be the head of the Department of Education. What a role model. All of Donald Trump’s picks, from Tulsi Gabbard to Robert Kennedy Jr. is a mental defective.  The biggest disaster of them all is Donald J. Trump, and as the saying goes, it takes one to know one. Trump is incapable of nominating decent human beings to run his government.  So this is what the American people wanted, is it? Well, this is what we got, and we got to take the punishment for at least the next few years.

What do we have to look forward to? Well, there is going to be another tax cut for the rich that will add trillions to our national debt. The Republicans are going to try to make cuts to medicare, medicaid, food stamps, aid to dependent children and unemployment insurance and Social Security, even though they cannot benefit from it in their future. Trump will fire at least 50,000 Federal employees, or at least he will try to. The EPA will become part of the Fossil fuel industry. That’s if Donald Trump has his way. He will try and roll back a lot of what Joe Biden accomplished in his four years in office. But his number 1 target will be the undocumented people, because he will want to satisfy the bloodlust of his supporters by destroying the lives of innocent people. Then it’s the LGBTQ community.  What happened to the hearts of the Americans that voted for him. Each one of them is responsible for what Trump will do in his tenure as 47th President of the United States. Most ALL of my friends must take the blame too.

So let’s look back to the past four years. We did not get medicare for all, the oil companies were not outlawed and billionaires were not taxed as they should have been. But my thoughts for why Kamala Harris lost the election is not because of Donald Trump, although I would love to make that argument, but it’s because Joe Biden successfully put in motion the most progressive legislation since Lyndon Johnson and she is Biden’s Vice-President. Biden did most of it within the first 2 years in office. He passed the Chips Act, the Inflation Reduction Act, the bi-partisan infrastructure deal that Donald Trump claims he was going to do in his first term, but never got done and the Stimulus bill. Joe Biden will be known in history for great things, not like Donald Trump will be remembered for. Some will argue that Joe Biden did more good in his first 2 years as president than Obama did in eight years. Getting back to Kamala Harris, this is one of the main reasons she did not get elected as president. Now in hindsight, she didn’t stand a chance to win. I can’t even begin to tell you how much it pains me to say that. But it’s true. As another saying goes, “Let the Truth Be known”, and now we know it. But we should also know what is about to come. I just hope that this country is ready for it. The disasterous term of Trump’s presidency will be witnessed for the world to see. Hopefully the eyes of my Republican friends will be opened, as another saying goes, “Will they see the light?”.