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Trumps Presidency 2025

Tigeraholic1

By Tigeraholic1
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LaceyLou Mentor

LaceyLou

Posted
Posted
4 hours ago, smr-nj said:

From the Seattle Times:

=========================

More details surface in Trump administration plan to cut national forests 

April 4, 2025 at 4:50 pm 

By Lynda V. Mapes

Seattle Times environment reporter
 

A Trump administration memorandum issued Thursday declared a state of emergency in domestic timber supply and national forest health, directing the Forest Service to suspend normal environmental reviews and increase logging on more than 100 million acres of national forest, including in the Pacific Northwest.

The memo from the secretary of agriculture is a first step in implementing President Donald Trump’s March 1 executive order directing cutting of more national forests.

The memo has the effect of declaring nearly 60% of all national forestlands to be in a state of emergency, thereby lifting the usual requirements for public comment and environmental review for protection of endangered species and cultural resources before logging.

=============================
 

If this doesn’t depress, disgust, and infuriate you on some level, turn in your “human card”, because this news absolutely should shake you to your core.

 

Ugh. That's about all I can come up with. It's not easy to be an ecologist when so many don't even pretend to know anything about it. Some don't even believe in ecosystems at all, let alone that destroying them will have serious consequences for all of us.

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Tiger337
Tiger337

I thought federal employees were not allowed to work remotely?  

mtutiger
mtutiger

When the President's first inclination after this incident was to take to his personal social media website, not express any empathy and throw the Blackhawk helicopter pilot and traffic controllers in

oblong
oblong

I'd be embarassed to say that.  

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1984Echoes Grand Master

1984Echoes

Posted
Posted
18 hours ago, Tiger337 said:

I don't really understand the no taxes on tips and no taxes on overtime.  What's so special ...

Dude... this is so easy.

It's called Politics 101.

How did the young kids (18-30) vote in 2020? Overwhelmingly for Biden.

Who makes tips in America? Mostly the just-out-of-high-school or young people's getting a start in life. Overtime hours? Young people trying to get ahead in life.

Trump "bought" himself a crap-ton of votes with this line.

Social Security? Old folk on SS must seriously consider voting Dem because of the constant threats from Republicans. No taxes on SS? Trump "locked" in those votes too.

Trump specifically targeted people with this. Votes. It doesn't have to be 100% effective. It just has to move enough votes from the Dem side to Trump's side in the 2024 vote... which... as Ronz kept saying...

1984Echoes Grand Master

1984Echoes

Posted
Posted
7 hours ago, casimir said:

It was probably just an attempt to buy any extra votes from anyone that earn tips and/or overtime, nothing more than that...

Aaah, cas beat me to it...

Although I am a day late...

casimir Grand Master

casimir

Posted
Posted (edited)
4 minutes ago, 1984Echoes said:

I was going to say that, but, no...

I'm actually a dollar ahead so I had to cut out that line...

Yeah, well, once the effects of the tariffs kick in, that dollar will be gonzo.

Edited by casimir
Tiger337 Grand Master

Tiger337

Posted
Posted
16 minutes ago, Screwball said:

500 billion is nothing in the big picture, but this is kind of funny anyway

whales.thumb.JPG.b93b690034874a7a8627b1465c632cd6.JPG

I don't get how this works.  How is Musk so far ahead of Bezos?  Bezos seems to have the most sucessful and influential business ever.  He has completely transformed the way Americans do retail and it's been going on a long time.  It's amazing.  This is not just because I dislike Musk.  I know he has successful buinesses, but nothing like Amazon.    

gehringer_2 Grand Master

gehringer_2

Posted
Posted
21 minutes ago, Tiger337 said:

I don't get how this works.  How is Musk so far ahead of Bezos?  Bezos seems to have the most sucessful and influential business ever.  He has completely transformed the way Americans do retail and it's been going on a long time.  It's amazing.  This is not just because I dislike Musk.  I know he has successful buinesses, but nothing like Amazon.    

Amazon is an almost rationally priced stock at 30 times earnings. Bezos owns about 10% of Amazon which  is valued at about 2T so there is his ~200B net worth.

Tesla is not a rationally priced stock, even with the recent drops, it's still selling at ~120 times earnings. At this point the odds of Tesla improving its earning by the factor of 4 needed to make its price reasonable seems unlikely at best. But enough people disagree with that assessment to keep the stock bid up to where it is. Musk owns ~400,000,000 shares of Tesla at ~$250 which is about $100 billion, and then he owns 40% of SpaceX. SpaceX is valued at $350B but it's not publicly traded so we don't get to know it's financials in much detail. The last thing I saw estimated SpaceX's revenue for 2024 as $13B (that's revenue, not profit), so a valuation of $350B is pretty rich there as well. But in any case, that adds  ~$150B, and 'X' is supposed still worth ~40B. So that gets you to around $300B.  Of course If Musk tried to cash out it would probably tank the value of either SpaceX or Tesla.

Bottom line is Musk has more net worth because more investors have believed/do believe he was going to generate, or at some point will generate, a whole lot of revenue that actually hasn't been generated yet.

Tiger337 Grand Master

Tiger337

Posted
Posted
3 hours ago, gehringer_2 said:

Amazon is an almost rationally priced stock at 30 times earnings. Bezos owns about 10% of Amazon which  is valued at about 2T so there is his ~200B net worth.

Tesla is not a rationally priced stock, even with the recent drops, it's still selling at ~120 times earnings. At this point the odds of Tesla improving its earning by the factor of 4 needed to make its price reasonable seems unlikely at best. But enough people disagree with that assessment to keep the stock bid up to where it is. Musk owns ~400,000,000 shares of Tesla at ~$250 which is about $100 billion, and then he owns 40% of SpaceX. SpaceX is valued at $350B but it's not publicly traded so we don't get to know it's financials in much detail. The last thing I saw estimated SpaceX's revenue for 2024 as $13B (that's revenue, not profit), so a valuation of $350B is pretty rich there as well. But in any case, that adds  ~$150B, and 'X' is supposed still worth ~40B. So that gets you to around $300B.  Of course If Musk tried to cash out it would probably tank the value of either SpaceX or Tesla.

Bottom line is Musk has more net worth because more investors have believed/do believe he was going to generate, or at some point will generate, a whole lot of revenue that actually hasn't been generated yet.

Thank you.

Now, explan why so many investors irrationally believe in him. 😀 

 

gehringer_2 Grand Master

gehringer_2

Posted
Posted (edited)

Author of paper Trump admin used to justify tariffs completely rejects their mis-interpretation and mis-application of his findings:

https://www.nytimes.com/2025/04/07/opinion/trump-tariff-math-formula.html

Quote

The Office of the U.S. Trade Representative released its methodology and cited an academic paper produced by four economists, including me, seemingly in support of their numbers. But they got it wrong. Very wrong. I disagree fundamentally with the government’s trade policy and approach. But even taking it at face value, our findings suggest the calculated tariffs should be dramatically smaller — perhaps one-fourth as large....

...I would strongly prefer that the policy and methodology be scrapped entirely. But barring that, the administration should divide its results by four. ----- Brent Neiman

 

Edited by gehringer_2
Motown Bombers Grand Master

Motown Bombers

Posted
Posted
4 hours ago, Tiger337 said:

Thank you.

Now, explan why so many investors irrationally believe in him. 😀 

 

I don't have the data, but my sense from reading Tesla forums years ago, is that the shareholders in Tesla are a lot of retail shareholders and not people who day trade or invest for a living. They are very online people and Musk's cult rivaled that of Trump's. They genuinely believed he was saving the world. That is not hyperbole. That is what they were saying on the forums. 

gehringer_2 Grand Master

gehringer_2

Posted
Posted
4 hours ago, Tiger337 said:

Thank you.

Now, explan why so many investors irrationally believe in him. 😀 

 

Dammit Lee! I'm an engineer, not a mind reader!

(--apologies to DeForest Kelly's memory :classic_wink:)

RedTeamGo! Enthusiast

RedTeamGo!

Posted
Posted

We are watching the economy get destroyed in real time as well as the constitution ripped up and pissed on and this is all because idiots thought a dozen trans girls running track was a major issue. 

CMRivdogs Grand Master

CMRivdogs

Posted
Posted
13 minutes ago, RedTeamGo! said:

We are watching the economy get destroyed in real time as well as the constitution ripped up and pissed on and this is all because idiots thought a dozen trans girls running track was a major issue. 

The same folks who believe that Drag Queens are contagious, yet diseases like COVID and Measles are not

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