The Economy

[ll74]

DOGE

Pam Bondi threatens prosecution amid DOGE's findings about fraud: 'We're coming after you'​

Bondi thanked Elon Musk for uncovering 'a tremendous amount of fraud'​

By Andrea Margolis Fox News
Published March 24, 2025 8:07pm EDT

U.S. Attorney General Pam Bondi issued a stern warning to those engaged in government fraud at the most recent Cabinet meeting on Monday.

Speaking with President Donald Trump present at the meeting, Bondi thanked Tesla CEO Elon Musk for uncovering "fraud, waste and abuse" through the Department of Government Efficiency (DOGE) initiative.

"A lot of waste and abuse, but there is a tremendous amount of fraud," Bondi began. "And, Elon, thank you for your partnership. Thank you for your team. You have uncovered so much fraud in our government."

Bondi then revealed that an internal task force is involved with bringing those accused of fraud to justice.

https://www.foxnews.com/politics/pa...es-findings-about-fraud-were-coming-after-you

Bondi is a puppet

 

[lovecraft68]

No point to make other than I have never seen a bigger example of living in two different worlds.

I can find articles and content saying we're a step away from economic oblivion and the next article/content says America is winning.

Hate to advocate ignorance is bliss, but sometimes...

 

[Bray123]

DOGE

Pam Bondi threatens prosecution amid DOGE's findings about fraud: 'We're coming after you'​

Bondi thanked Elon Musk for uncovering 'a tremendous amount of fraud'​

By Andrea Margolis Fox News
Published March 24, 2025 8:07pm EDT

U.S. Attorney General Pam Bondi issued a stern warning to those engaged in government fraud at the most recent Cabinet meeting on Monday.

Speaking with President Donald Trump present at the meeting, Bondi thanked Tesla CEO Elon Musk for uncovering "fraud, waste and abuse" through the Department of Government Efficiency (DOGE) initiative.

"A lot of waste and abuse, but there is a tremendous amount of fraud," Bondi began. "And, Elon, thank you for your partnership. Thank you for your team. You have uncovered so much fraud in our government."

Bondi then revealed that an internal task force is involved with bringing those accused of fraud to justice.

https://www.foxnews.com/politics/pa...es-findings-about-fraud-were-coming-after-you

Is that the same Pam Bondi who took a bribe to settle a Trump lawsuit?

There's no shame. No shame at all.

https://lawandcrime.com/high-profile/florida-ag-drops-trump-u-lawsuit-after-trump-gives-her-25000/

 

[ChinoMoreno]

 

[RobDownSouth]

No point to make other than I have never seen a bigger example of living in two different worlds.

I can find articles and content saying we're a step away from economic oblivion and the next article/content says America is winning.

Hate to advocate ignorance is bliss, but sometimes...

The dividing line would appear to be those of us in the reality based world who rely on facts to make informed judgments, vs those on your side of the fence who are quite desperate in their need to have their rancid political biases reinforced on an increasingly more frequent basis.

ALL IS WELL! ALL IS WELL, DAMMIT!

 

[ishtat]

I can't see it coming from BRICS, but I can see it from the EURO. The lowest common denominator for money is about faith. The US has taken a huge step to lowering faith in the greenback.

Agreed, it cannot be solely a Brics thing because that would be dominated by the Yuan which would scare folks. Something based on a basket of currencies might be worked out. Most importantly it has the potential to align East Asian and European interests to the exclusion of the US$.

On another subject altogether it is interesting that China recently chose to replace significant LNG and oil supplies, formerly from USA with future supplies from Canada and Australia. But also excluding additional supplies from Russia, the USA's closest political ally. I suspect that a lot of politics went into that decision.

 

[KingDJT]

He's 100% accurate! WE RULE THE WORLDS ECONOMY! TRUTH

https://www.breitbart.com/politics/...economic-revolution-promises-historic-result/

 

[Fuzzy1975]

Agreed, it cannot be solely a Brics thing because that would be dominated by the Yuan which would scare folks. Something based on a basket of currencies might be worked out. Most importantly it has the potential to align East Asian and European interests to the exclusion of the US$.

True, and don't forget India. ( unless you included it as East Asian)

On another subject altogether it is interesting that China recently chose to replace significant LNG and oil supplies, formerly from USA with future supplies from Canada and Australia. But also excluding additional supplies from Russia, the USA's closest political ally. I suspect that a lot of politics went into that decision.

I was not aware of the shift in LNG. I do know we built a new west coast LNG shipping facility. China IMHO has played this very well since Russia invaded. I suspect China has a winning hand to play, no matter who comes out on top in the Ukraine/Russian war.

 

[Bray123]

It was good to see that the Supreme Glorious Leader won his golf championship yesterday. The economy is perfect, the destruction of US government is perfect and the invasion of Ukraine is over. The world awaits the new golf development in Gaza where the Supreme Glorious Leader can win the first World Championship Of Trump tournament.

 

[ll74]

Make America Great Depression Again - MAGDA

Thanks SNL

 

[Bray123]

It costs money to get the oil out of the ground. Currently the break-even price is $65, the current price for a barrel of oil is $62. That is, US oil companies are losing money on every barrel of oil.

The oil companies will be mothballing wells just as quickly as they can until sanity returns.

Say 'Thank you' to Trump when you buy gas for your guzzler.

 

[ll74]

View attachment 2523688

It costs money to get the oil out of the ground. Currently the break-even price is $65, the current price for a barrel of oil is $62. That is, US oil companies are losing money on every barrel of oil.

The oil companies will be mothballing wells just as quickly as they can until sanity returns.

Say 'Thank you' to Trump when you buy gas for your guzzler.

If you have a chance, listen to the podcast, boom town

https://pca.st/podcast/a7a35120-f7ec-0137-b592-0acc26574db2

Really in depth look at the oil industry from wirhin. (It's the inspiration for Landman with Billy Bob)

 

[Fuzzy1975]

View attachment 2523688

It costs money to get the oil out of the ground. Currently the break-even price is $65, the current price for a barrel of oil is $62. That is, US oil companies are losing money on every barrel of oil.

The oil companies will be mothballing wells just as quickly as they can until sanity returns.

Say 'Thank you' to Trump when you buy gas for your guzzler.

I think OPEC is giving the US a bit of the finger.....

https://www.reuters.com/markets/com...COW, April 3 (,to extend earlier sharp losses.

I think they can see weakness in the US under Trump. With all the other employment issues about to happen beside government downsize and brain drain. If the Oil industry slows, Trump will truly be in a rock and a hard place.

 

[PersonalFavors]

I think OPEC is giving the US a bit of the finger.....

https://www.reuters.com/markets/commodities/opec-advance-oil-output-hike-plan-with-bigger-may-boost-2025-04-03/#:~:text=LONDON/MOSCOW, April 3 (,to extend earlier sharp losses.

I think they can see weakness in the US under Trump. With all the other employment issues about to happen beside government downsize and brain drain. If the Oil industry slows, Trump will truly be in a rock and a hard place.

Nope, we are waiting on the Senate to remove the restrictions of the obiden era. Still waiting.

 

[ll74]

Nope, we are waiting on the Senate to remove the restrictions of the obiden era. Still waiting.

We're drilling more than we ever have, more than anyone ever has in history.

The price drop will slow drilling down more than any restrictions that anyone has put in place.

 

[PersonalFavors]

We're drilling more than we ever have, more than anyone ever has in history.

The price drop will slow drilling down more than any restrictions that anyone has put in place.

You go with that. Once the vote is complete and the US can proceed at will with oil and gas production you go ahead and continue to pay the extra 2 dollars a gallon we see now.

 

[ll74]

You go with that.

Yes, I'll go with objective facts....good call

Once the vote is complete and the US can proceed at will with oil and gas production you go ahead and continue to pay the extra 2 dollars a gallon we see now.

You don't seem to grasp supply and demand. Oil producers will shutter their drilling sites once the price drops below $50/Barrel as they always have throughout history. It's simply not worth it at that point to drill more.

 

[schism666]

One can almost hear the palpable fear in his voice. We knew all along that the panic would set in eventually, but I don't believe anyone would have expected this so soon...

desperate vetteman is desperate.

 

[Fuzzy1975]

Nope, we are waiting on the Senate to remove the restrictions of the obiden era. Still waiting.

The near future will tell. One of us will be right, the other wrong. What did the USA do again in the war of 1812?

https://www.cbc.ca/news/canada/manitoba/canada-us-tariffs-north-south-dakota-farmers-1.7502342

 

[ll74]

The Japanese Stock market has halted futures trading due to sharp declines/selloffs

Just getting started.

https://twitter.com/x/status/1909035912689856732

 

[jomar]

It was good to see that the Supreme Glorious Leader won his golf championship yesterday. The economy is perfect, the destruction of US government is perfect and the invasion of Ukraine is over. The world awaits the new golf development in Gaza where the Supreme Glorious Leader can win the first World Championship Of Trump tournament.

Have you read The Commander in Cheat? It’s pretty amazing. trump wins club championships even when he isn’t there.

 

[subdudeme13]

Make America Great Depression Again - MAGDA

Thanks SNL

I saw that. Funny but depressing. This is what happens when you put a financial genius, who went bankrupt six times and not to mentionn the times his daddy bailed him out, in charge of the worlds's largest economy!




KA FUCKIN BOOOOOOOM!

 

[MajorRewrite]

The Japanese Stock market has halted futures trading due to sharp declines/selloffs

Just getting started.

https://twitter.com/x/status/1909035912689856732

View attachment 2523834

Uh oh. Another rout for the markets in Europe today too.

 

[MajorRewrite]

Consumer borrowing declined unexpectedly in February. The decline wasn’t from credit cards, it was in loans for things like vehicles.

Total credit fell nearly $810 million after a revised $8.9 billion gain in January, according to Federal Reserve data out Monday.

Outstanding credit-card and other revolving debt edged up $128 million. Non-revolving debt, such as loans for vehicle purchases and school tuition, declined $938 million, the first drop in nearly a year.

The figures indicate American households were starting to grow more cautious in February about their debt loads. Concerns about higher inflation and personal finances have since continued to mount due to President Donald Trump’s tariffs push.

 

[DeluxAuto]

$4,000 more per year. That’s how much, on average, every US household is projected to pay for the tariffs imposed this past week. Further escalation in this unprovoked trade war will only exacerbate that economic carnage.

What’s the real motivation behind Trump’s tariffs?

He believes they’ll bring so much money to the treasury that the U.S. will be able to afford another giant tax cut that will mostly benefit the rich.

Who will pay for it? The working class.

Here's what you should know.

https://www.facebook.com/video.php?v=2162987014171175