We are being ruled by idiots ...
US-China trade war escalates as Beijing hikes tariffs to 125 percent
President Trump’s trade war with China was escalated once again Friday morning, after Beijing hiked tariffs on U.S goods to 125 percent.
This time, however, China’s Ministry of Finance said the new import tax rate would be final and it would no longer engage in the revolving door of tariff hikes. The updated tariffs are set to begin on Saturday.
Scoop: Gabbard installs Iran dove to prepare Trump's intel briefing
Director of National Intelligence Tulsi Gabbard has quietly installed William Ruger, a former Charles Koch Institute vice president and skeptic of military action against Iran, into a key position in her department, according to congressional officials.
Why it matters: Ruger's appointment to one of the most important jobs in the intelligence community had led to private concern and public praise among congressional Republicans, reflecting the deep divides in the party on key policy questions, from Iran to Ukraine to China.
maybe he’s just a fucking idiot after all
after he announced a (temporary) pause to (some of) his tariffs, the markets soared, insider traders insider-traded the shit out of the jump, and Donny pranced about while the cultists threw flowers and hailed him as a liberator.
then yesterday, everything got flushed right back down the shitter — because the markets woke up from their fever dream and suddenly remembered about the part where Dear Leader is an erratic fucking idiot — and we’re still in an unwinnable trade war.