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President Trump is among those warning that the nation is on the verge of a massive economic calamity.
“With what is happening to our economy, and with the proposals being made on the LARGEST AND DUMBEST TAX INCREASE IN THE HISTORY OF THE USA, TIMES FIVE, JOE BIDEN WILL GO DOWN AS THE HERBERT HOOVER OF THE MODRRN [sic] AGE,” Trump exclaimed on Truth Social. “WE WILL HAVE A GREAT DEPRESSION FAR BIGGER AND MORE POWERFUL THAN THAT OF 1929. AS PROOF, THE BANKS ARE ALREADY STARTING TO COLLAPSE!!!”
The former president’s warning became prophetic on Sunday afternoon.
State regulators closed New York-based Signature Bank just two days after California authorities shuttered Silicon Valley Bank in a collapse that roiled global markets and stranded billions of dollars of deposits.
The U.S. Treasury Department and other bank regulators said in a […]
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Trump is right about that, but it is not obvious to anyone now. Trump, I am sure, has a brilliant solution. He would appoint Jim Cramer to solve the problems. That would fit in nicely with his other personnel judgement.
Trump needs to step aside. Trump is a causality of his own stupidity.
It was clear there would be a vigorous attempt to steal the 2020 POTUS and other elections. Trump who was betrayed for years by Wray and Barr, keep them in place and not only did they betray him, they betrayed the American people and allowed a coup to take place voiding our Constitutional Republic. Not only did they stand down during and after the election, they helped facilitate and protect the steal in advance of the election. Trump has learned nothing. Delivering water is a job for him. Trump’s character is gold leafed crap….he is narcissist and an idiot who cannot tell friend from foe, who cannot rise above his pettiness and adolescent petulance, who is never man enough to take responsibility for his horrendous judgment and decisions, which led him to having four difficult years and the country to a stolen election with Biden installed and run by people who hate this country and personal freedom, except for themselves. The judgment of Trump: Ivanka, Kushner, Sessions, Wray, Barr, Bolton, Mathis, Kelly, McMasters, Milley, Rudy, the CIA directors, Tillerson, McDaniel, all three SC appointees, none come close to Scalia, Thomas, or Alito. All three voted against the TX 2020 election lawsuit support by 18-20 other State AGs. Kavanaugh and Barrett are far closer to Kennedy than to Scalia. His WH staff, with few exceptions, and his WH lawyers. Fauci and Birx were both stupid choices to lead when the health and the economy of the country were at stake. Fauci in particular has a history of terrible failure on many important health care issues, including AIDS. Trump’s Warp Speed initiative was a stupid man appointing corrupt people that created massive immediate problems and grave long-term health concerns as a consequence of lies, suppression of information, manipulation and worse felonies. Another idiotic Trump decision, for which he denies any responsibility, and as has become the custom, claims his stupidity has led to wonderful results, despite all the evidence and tragedy to the contrary. DeSantis 2024: intelligence with integrity and outstanding judgment. Nobody’s fool, rather than everybody’s fool.