Thursday, May 29, 2025

It was an awful Wednesday for Trump - the TACO slur, the Musk and Miller scandal, the Pope dis, and his tariffs are toast

hopefully we're entering the "then suddenly" phase of regime collapse

— 🍅🥔🫐🌽 hoopy frood 🌶️ 🥑🍫🌵 (@huwupy.kawaii.social) May 28, 2025 at 9:01 PM
Lots of "holy shit" moments on Wednesday: 

TACO Wednesday! 
Trump was told about Wall Street's TACO nickname (Trump Always Chickens Out) during a press conference and, once he figured out it was an insult, he absolutely lost his shit:

Reporter: Wall Street analysts have a new term called the TACO trade.. Saying Trump always chickens out on tariffs…   Trump: I kick out? Reporter: Chicken out.

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— Acyn (@acyn.bsky.social) May 28, 2025 at 11:13 AM
I think no one on his staff had dared to tell him about the Financial Times' "TACO" branding before - maybe they just hoped it wouldn't come up:

Today’s hero who tossed out the TACO bomb! 👏👏

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— Morgan J Freeman (@mjfree.bsky.social) May 28, 2025 at 9:11 PM
Ménage à WHA??? 
Musk announced he is going but apparently he also made a new friend...

so Musk out and he’s taking Stephen Miller’s wife with him? do I have that right

— post malone ergo propter malone (@proptermalone.bsky.social) May 28, 2025 at 6:52 PM

i swear to god, if naziferatu’s wife is leaving him to go be a sister womb donor in the chief weeb for boers technocommune, i may need to find a church to go repent in

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— GOLIKEHELLMACHINE (@golikehellmachine.com) May 28, 2025 at 7:02 PM

He can always declare Boerboy overstayed his student visa, lied on his citizenship paperwork, and have him kicked out of the country. I mean, due process is for real cucks, amirite?

— fidelioscabinet (@fidelioscabinet.bsky.social) May 28, 2025 at 9:40 PM
Pope Leo rains on Trump's parade! 
The Pope is counter-programing Trump's parade. I can just imagine how Trump reacted to that...
Most of the tariffs are toast! 
In the biggest and most significant Trump set-back of the day, a federal court cancelled Trump's "Liberation Day" tariffs... 

Paul Krugman
Is There a Dignified Legal Way, Preferably in Latin, to Say "Holy Shit"?
A court just threw out Trump's whole trade agenda
...it has been obvious all along that Trump’s use of the 1977 International Economic Emergency Powers Act to justify Smoot-Hawley level tariffs was a massive abuse of power. I mean, since when are 4 percent unemployment and 2.5 percent inflation an emergency justifying the reversal of 90 years of policy? But I guess I just assumed that things like that didn’t matter anymore...
The Globe and Mail explains what this means for Canada:
Nathan VanderKlippe and Adrian Morrow / The Globe and Mail (gift link)
U.S. court rules Trump does not have ‘unbounded authority’ to impose tariffs
...The U.S. President does not enjoy “unbounded authority” to impose tariffs as he sees fit, the U.S. Court of International Trade has ruled in a decision that places a strict curb on a tool Donald Trump has used as a cudgel in international relations.
The ruling, which will almost certainly be appealed, applies only to tariffs imposed under the International Emergency Economic Powers Act, or IEEPA. Some of the levies Mr. Trump imposed on Canadian imports, including those on steel, aluminum and cars, have been set in place under other authorities not covered by the ruling.
Nonetheless, the unanimous ruling – written by a panel of three judges, one of them appointed by Mr. Trump – orders that the U.S. lift the tariffs Mr. Trump placed on Canada and Mexico on fentanyl-related grounds, as well as global tariffs he ordered on April 2, which he called “Liberation Day.”
The ruling covers two cases filed against the tariffs, one by businesses that rely on imports and another filed by a dozen states.
“They may be popping some Champagne corks in Ottawa as well as we are doing here,” said Ilya Somin, a law professor at George Mason University who is co-counsel on one of the cases, filed on behalf of several U.S. businesses.
“The ruling is not just limited to the plaintiffs in the case. It’s a permanent injunction against the tariffs overall,” he said. “And so if it stands, then it will stop all of these tariffs – both the Liberation Day tariffs against almost every country in the world, and also the specific ones against Canada, Mexico and China.”
For Canada, the decision – if it stands – will eliminate tariffs applied to goods not compliant with the U.S.-Mexico-Canada agreement. However, the levies on automobiles, steel and aluminum “are still in force,” said John Boscariol, an international trade lawyer with McCarthy Tétrault. “Those are still very painful for certain sectors of our economy, and this doesn’t change that, unfortunately.”
In the ruling, the Court of International Trade says the text of IEEPA that allows the President to regulate imports does not authorize “the President to impose whatever tariff rates he deems desirable. Indeed, such a reading would create an unconstitutional delegation of power.”
Unlike Section 232 of the Trade Expansion Act of 1962, which Mr. Trump used to impose autos, steel and aluminum tariffs, the IEEPA does not actually authorize tariffs.
The U.S. Constitution specifically places the powers to tax and tariff in the hands of Congress, although legislators have in past decades delegated some of that authority to the presidency. But much of that authority, the ruling says, must be exercised using other legal authorities, which have much more stringent regulatory requirements and cannot be imposed at the President’s whim....

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1 comment:

lungta said...

Found this FYI .... sadly ... https://www.snopes.com/fact-check/pope-leo-xiv-woke-quote/?cb_rec=djRfMl8xXzBfMTgwXzBfMF8wXw

2:27 am

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