DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

Thanks.

And how much do you believe Trump's war on Iran and Tariffs have cost the average American household?

---

Roughly $2,000-$3,000 per household. Justified costs in my opinion. Short term costs for long term gains.

---

When you say "long-term" gains, how long will it take to see the "gains" from Trump's tariffs?

Most were implemented in April of 2025.

Currently $88.6 Billion as of July


U.S. International Trade in Goods and Services, July 2026 | U.S. Bureau of Economic Analysis (BEA)

---

We've already seen some of the gains. Tariffs have brought in 150+ billion after accounting for the refunds.

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

Thanks.

And how much do you believe Trump's war on Iran and Tariffs have cost the average American household?

---

Roughly $2,000-$3,000 per household. Justified costs in my opinion. Short term costs for long term gains.

---

When you say "long-term" gains, how long will it take to see the "gains" from Trump's tariffs?

Most were implemented in April of 2025.

Currently $88.6 Billion as of July


U.S. International Trade in Goods and Services, July 2026 | U.S. Bureau of Economic Analysis (BEA)

---

We've already seen some of the gains. Tariffs have brought in 150+ billion after accounting for the refunds.

---

So you support this "tax" on the American consumer?

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

Thanks.

And how much do you believe Trump's war on Iran and Tariffs have cost the average American household?

---

Roughly $2,000-$3,000 per household. Justified costs in my opinion. Short term costs for long term gains.

---

When you say "long-term" gains, how long will it take to see the "gains" from Trump's tariffs?

Most were implemented in April of 2025.

Currently $88.6 Billion as of July


U.S. International Trade in Goods and Services, July 2026 | U.S. Bureau of Economic Analysis (BEA)

---

We've already seen some of the gains. Tariffs have brought in 150+ billion after accounting for the refunds.

---

So you support this "tax" on the American consumer?

---

You're asking the same questions over and over, trying to get some gotcha answer. I already said it was justified costs in my opinion. I support reconfiguring the way we do trade with other countries and the way other countries have fleeced us for years.

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

Thanks.

And how much do you believe Trump's war on Iran and Tariffs have cost the average American household?

---

Roughly $2,000-$3,000 per household. Justified costs in my opinion. Short term costs for long term gains.

---

When you say "long-term" gains, how long will it take to see the "gains" from Trump's tariffs?

Most were implemented in April of 2025.

Currently $88.6 Billion as of July


U.S. International Trade in Goods and Services, July 2026 | U.S. Bureau of Economic Analysis (BEA)

---

We've already seen some of the gains. Tariffs have brought in 150+ billion after accounting for the refunds.

---

So you support this "tax" on the American consumer?

---

You're asking the same questions over and over, trying to get some gotcha answer. I already said it was justified costs in my opinion. I support reconfiguring the way we do trade with other countries and the way other countries have fleeced us for years.

---

You do understand that those "reciprocal" tariffs that Trump announced were never reciprocal in the first place, right?

They were BOGUS.
Completely made up.

ie.) Switzerland has no industrial tariffs on us. His 61% number for them was BOGUS.

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

Thanks.

And how much do you believe Trump's war on Iran and Tariffs have cost the average American household?

---

Roughly $2,000-$3,000 per household. Justified costs in my opinion. Short term costs for long term gains.

---

When you say "long-term" gains, how long will it take to see the "gains" from Trump's tariffs?

Most were implemented in April of 2025.

Currently $88.6 Billion as of July


U.S. International Trade in Goods and Services, July 2026 | U.S. Bureau of Economic Analysis (BEA)

---

We've already seen some of the gains. Tariffs have brought in 150+ billion after accounting for the refunds.

---

So you support this "tax" on the American consumer?

---

You're asking the same questions over and over, trying to get some gotcha answer. I already said it was justified costs in my opinion. I support reconfiguring the way we do trade with other countries and the way other countries have fleeced us for years.

---

You do understand that those "reciprocal" tariffs that Trump announced were never reciprocal in the first place, right?

They were BOGUS.
Completely made up.

ie.) Switzerland has no industrial tariffs on us. His 61% number for them was BOGUS.

---

I've already answered the question. Feel free to reread my responses.

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

Thanks.

And how much do you believe Trump's war on Iran and Tariffs have cost the average American household?

---

Roughly $2,000-$3,000 per household. Justified costs in my opinion. Short term costs for long term gains.

---

When you say "long-term" gains, how long will it take to see the "gains" from Trump's tariffs?

Most were implemented in April of 2025.

Currently $88.6 Billion as of July


U.S. International Trade in Goods and Services, July 2026 | U.S. Bureau of Economic Analysis (BEA)

---

We've already seen some of the gains. Tariffs have brought in 150+ billion after accounting for the refunds.

---

So you support this "tax" on the American consumer?

---

You're asking the same questions over and over, trying to get some gotcha answer. I already said it was justified costs in my opinion. I support reconfiguring the way we do trade with other countries and the way other countries have fleeced us for years.

---

You do understand that those "reciprocal" tariffs that Trump announced were never reciprocal in the first place, right?

They were BOGUS.
Completely made up.

ie.) Switzerland has no industrial tariffs on us. His 61% number for them was BOGUS.

---

I've already answered the question. Feel free to reread my responses.

---

Yes, you've made it clear that you are in support of TARIFFS which are a tax on the American consumer.

I learned that at CAL from my Econ 1 Professor in 1980.
Professor Richard Sutch.
Thanks.

RIP

Richard Sutch - Wikipedia

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

BearlySane88 said:

---

DiabloWags said:

---

Thanks.

And how much do you believe Trump's war on Iran and Tariffs have cost the average American household?

---

Roughly $2,000-$3,000 per household. Justified costs in my opinion. Short term costs for long term gains.

---

When you say "long-term" gains, how long will it take to see the "gains" from Trump's tariffs?

Most were implemented in April of 2025.

Currently $88.6 Billion as of July


U.S. International Trade in Goods and Services, July 2026 | U.S. Bureau of Economic Analysis (BEA)

---

We've already seen some of the gains. Tariffs have brought in 150+ billion after accounting for the refunds.

---

So you support this "tax" on the American consumer?

---

You're asking the same questions over and over, trying to get some gotcha answer. I already said it was justified costs in my opinion. I support reconfiguring the way we do trade with other countries and the way other countries have fleeced us for years.

---

You do understand that those "reciprocal" tariffs that Trump announced were never reciprocal in the first place, right?

They were BOGUS.
Completely made up.

ie.) Switzerland has no industrial tariffs on us. His 61% number for them was BOGUS.

---

I've already answered the question. Feel free to reread my responses.

---

Yes, you've made it clear that you are in support of TARIFFS

---

I did say that yes.

Tariffs: almost always a bad idea.

Iran War: terrible idea

Lower taxes: bad idea

We need regulated capitalism to thrive and for people to pay their reasonable fair share of taxes. Internationally, we need to be strong-but-smart militarily, then largely stay out of other countries' internal affairs. It'd be nice, too, to foster relationships with our allies instead of alienating them. Western Europe, North America, South Korea, Japan and Australia constitute the most powerful alliance -- economically and militarily -- in the history of the world.

Trump is wrong about most everything... his personal qualities, his policies and the way he governs.

Big C said:

---

Tariffs: almost always a bad idea.

Iran War: terrible idea

Lower taxes: bad idea

We need regulated capitalism to thrive and for people to pay their reasonable fair share of taxes. Internationally, we need to be strong-but-smart militarily, then largely stay out of other countries' internal affairs. It'd be nice, too, to foster relationships with our allies instead of alienating them. Western Europe, North America, South Korea, Japan and Australia constitute the most powerful alliance -- economically and militarily -- in the history of the world.

Trump is wrong about most everything... his personal qualities, his policies and the way he governs.

---

I disagree but I appreciate the way you present that disagreement.

Trump is getting trounced in polls.
But just watch what he does - he's a wild cornered beast and will likely lash out in spectacular fashion.

Last time he did Jan 6 Coup d'Etat attempt.
This time? Who knows, but I DID just hear him threaten to use nukes on Iran at the UN speech yesterday.

Pure Independents: - 71%

An 86 point swing!

lol

concordtom said:

---

Who knows, but I DID just hear him threaten to use nukes on Iran at the UN speech yesterday.

---

Please provide where you saw him threaten to use nukes?

His quote was ""annihilate the Islamic Republic." I did not see him say anything about using nukes specifically and he has repeatedly said he sees no need for nukes when asked directly.

Pure Independents on Trump's Economy:

- 77% DISAPPROVE

On Gas Prices:

- 92% DISAPPROVE



I wonder who the 8% were?
lol

ChudBear said:

---

concordtom said:

---

Who knows, but I DID just hear him threaten to use nukes on Iran at the UN speech yesterday.

---

Please provide where you saw him threaten to use nukes?

His quote was ""annihilate the Islamic Republic." I did not see him say anything about using nukes specifically and he has repeatedly said he sees no need for nukes when asked directly.

---

Oh. I guess it's OK to annihilate a country if we don't use nukes.

Eastern Oregon Bear said:

---

ChudBear said:

---

concordtom said:

---

Who knows, but I DID just hear him threaten to use nukes on Iran at the UN speech yesterday.

---

Please provide where you saw him threaten to use nukes?

His quote was ""annihilate the Islamic Republic." I did not see him say anything about using nukes specifically and he has repeatedly said he sees no need for nukes when asked directly.

---

Oh. I guess it's OK to annihilate a country if we don't use nukes.

---

Thanks for this clarification EOB.
I feel so much BETTER now!

Eastern Oregon Bear said:

---

ChudBear said:

---

concordtom said:

---

Who knows, but I DID just hear him threaten to use nukes on Iran at the UN speech yesterday.

---

Please provide where you saw him threaten to use nukes?

His quote was ""annihilate the Islamic Republic." I did not see him say anything about using nukes specifically and he has repeatedly said he sees no need for nukes when asked directly.

---

Oh. I guess it's OK to annihilate a country if we don't use nukes.

---

Threatening to use nukes isn't the same thing

DiabloWags said:

---

Eastern Oregon Bear said:

---

ChudBear said:

---

concordtom said:

---

Who knows, but I DID just hear him threaten to use nukes on Iran at the UN speech yesterday.

---

Please provide where you saw him threaten to use nukes?

His quote was ""annihilate the Islamic Republic." I did not see him say anything about using nukes specifically and he has repeatedly said he sees no need for nukes when asked directly.

---

Oh. I guess it's OK to annihilate a country if we don't use nukes.

---

Thanks for this clarification EOB.
I feel so much BETTER now!

---

Clarification is important here. Threatening to use nukes and saying what Trump said don't equate to the same thing.

ChudBear said:

---

Eastern Oregon Bear said:

---

ChudBear said:

---

concordtom said:

---

Who knows, but I DID just hear him threaten to use nukes on Iran at the UN speech yesterday.

---

Please provide where you saw him threaten to use nukes?

His quote was ""annihilate the Islamic Republic." I did not see him say anything about using nukes specifically and he has repeatedly said he sees no need for nukes when asked directly.

---

Oh. I guess it's OK to annihilate a country if we don't use nukes.

---

Threatening to use nukes isn't the same thing

---

well it is the same if you are judging the ends not the means

cal83dls79 said:

---

ChudBear said:

---

Eastern Oregon Bear said:

---

ChudBear said:

---

concordtom said:

---

Who knows, but I DID just hear him threaten to use nukes on Iran at the UN speech yesterday.

---

Please provide where you saw him threaten to use nukes?

His quote was ""annihilate the Islamic Republic." I did not see him say anything about using nukes specifically and he has repeatedly said he sees no need for nukes when asked directly.

---

Oh. I guess it's OK to annihilate a country if we don't use nukes.

---

Threatening to use nukes isn't the same thing

---

well it is the same if you are judging the ends not the means

---

He didn't say he wanted to annihilate the Iranian people. Very different things here.

The American Farmer is getting CRUSHED by diesel and fertilizer prices.
And they say there is no help from the Trump Administration.

Can't blame this on Joe Biden.

Hmmmm...









How record diesel prices are hitting U.S. farmers : NPR

Has CNN considered using the "flattery method" to get back into the White House? I'm guessing not.

concordtom said:

---

DiabloWags said:

---

concordtom said:

---

Interesting article about how tromp is involved in the ballroom construction. Architect wanted to do something different differently than Trump wanted to do before the safety, evacuation of volume, and Trump said that they don't have to pay attention to any building codes, he is the code.


https://www.yahoo.com/news/politics/articles/am-code-trump-clashed-ballroom-090000208.html

---

Are you surprised?

This is like our Treasury Secretary Scott Bessent saying, "I AM THE HOUSE"

---

I missed Bessent recently. Tell me what I missed.

---

In August, he had the Treasury go into the longer maturities of the Treasury market (10 to 20 year and 20 year to 30 year) and do "buybacks" in order to increase liquidity with the hope of getting banks out of poor positions, raising cash, and helping to increase demand at future auctions.

The only problem is that he brought a "peashooter" to a gunfight.
Literally pissing in the wind.

You can read about it here:

Treasury doubles debt buybacks as Bessent moves to steady bond market

U.S. Treasury's bond scheme is not a national debt management tool, say top economists, but it did show Wall Street what makes Scott Bessent flinch

He said that "HE IS THE HOUSE" because he has access to proprietary information that the market does not have.

That "proprietary" information would most likely be the "mix" of maturities that the Treasury issues at auction every week, every month, every year.

He has in fact been employing the Janet Yellen strategy (who he adamantly criticized) of selling more short-term securities (ie. T- Bills) which can help limit the issuance of longer dated maturies . . . 5, 7, 10, and 30 year Bonds.

DiabloWags said:

---

concordtom said:

---

DiabloWags said:

---

concordtom said:

---

Interesting article about how tromp is involved in the ballroom construction. Architect wanted to do something different differently than Trump wanted to do before the safety, evacuation of volume, and Trump said that they don't have to pay attention to any building codes, he is the code.


https://www.yahoo.com/news/politics/articles/am-code-trump-clashed-ballroom-090000208.html

---

Are you surprised?

This is like our Treasury Secretary Scott Bessent saying, "I AM THE HOUSE"

---

I missed Bessent recently. Tell me what I missed.

---

In August, he had the Treasury go into the longer maturities of the Treasury market (10 to 20 year and 20 year to 30 year) and do "buybacks" in order to increase liquidity with the hope of getting banks out of poor positions, raising cash, and helping to increase demand at future auctions.

The only problem is that he brought a "peashooter" to a gunfight.
Literally pissing in the wind.

You can read about it here:

Treasury doubles debt buybacks as Bessent moves to steady bond market

U.S. Treasury's bond scheme is not a national debt management tool, say top economists, but it did show Wall Street what makes Scott Bessent flinch

He said that "HE IS THE HOUSE" because he has access to proprietary information that the market does not have.

That "proprietary" information would most likely be the "mix" of maturities that the Treasury issues at auction every week, every month, every year.

He has in fact been employing the Janet Yellen strategy (who he adamantly criticized) of selling more short-term securities (ie. T- Bills) which can help limit the issuance of longer dated maturies . . . 5, 7, 10, and 30 year Bonds.

---

Your interpretation of Bessent's "I am the house now" comment is simply wrong. He wasn't talking about knowing Treasury's secret future auction mix. His actual explanation was about foreign exchange intervention in the Japanese yen. Bessent said that when Treasury intervenes alongside Japan, he has unusually good insight into what the Bank of Japan and Japanese policymakers are likely to do. That's what he called "asymmetric information." Turning that quote into "Bessent knows the secret maturities Treasury will issue" is attaching an entirely different meaning to his statement.

DiabloWags said:

---

ChudBear said:

---

DiabloWags said:

---

concordtom said:

---

DiabloWags said:

---

concordtom said:

---

Interesting article about how tromp is involved in the ballroom construction. Architect wanted to do something different differently than Trump wanted to do before the safety, evacuation of volume, and Trump said that they don't have to pay attention to any building codes, he is the code.


https://www.yahoo.com/news/politics/articles/am-code-trump-clashed-ballroom-090000208.html

---

Are you surprised?

This is like our Treasury Secretary Scott Bessent saying, "I AM THE HOUSE"

---

I missed Bessent recently. Tell me what I missed.

---

In August, he had the Treasury go into the longer maturities of the Treasury market (10 to 20 year and 20 year to 30 year) and do "buybacks" in order to increase liquidity with the hope of getting banks out of poor positions, raising cash, and helping to increase demand at future auctions.

The only problem is that he brought a "peashooter" to a gunfight.
Literally pissing in the wind.

You can read about it here:

Treasury doubles debt buybacks as Bessent moves to steady bond market

U.S. Treasury's bond scheme is not a national debt management tool, say top economists, but it did show Wall Street what makes Scott Bessent flinch

He said that "HE IS THE HOUSE" because he has access to proprietary information that the market does not have.

That "proprietary" information would most likely be the "mix" of maturities that the Treasury issues at auction every week, every month, every year.

He has in fact been employing the Janet Yellen strategy (who he adamantly criticized) of selling more short-term securities (ie. T- Bills) which can help limit the issuance of longer dated maturies . . . 5, 7, 10, and 30 year Bonds.

---

Your interpretation of Bessent's "I am the house now" comment is simply wrong. He wasn't talking about knowing Treasury's secret future auction mix. His actual explanation was about foreign exchange intervention in the Japanese yen. Bessent said that when Treasury intervenes alongside Japan, he has unusually good insight into what the Bank of Japan and Japanese policymakers are likely to do. That's what he called "asymmetric information." Turning that quote into "Bessent knows the secret maturities Treasury will issue" is attaching an entirely different meaning to his statement.

---

Here, I will simplify it for you.
It's BOTH.

---

You're the one who was wrong, I don't need anything simplified.

It isn't both and he explained that.

ChudBear said:

---

DiabloWags said:

---

ChudBear said:

---

DiabloWags said:

---

concordtom said:

---

DiabloWags said:

---

concordtom said:

---

Interesting article about how tromp is involved in the ballroom construction. Architect wanted to do something different differently than Trump wanted to do before the safety, evacuation of volume, and Trump said that they don't have to pay attention to any building codes, he is the code.


https://www.yahoo.com/news/politics/articles/am-code-trump-clashed-ballroom-090000208.html

---

Are you surprised?

This is like our Treasury Secretary Scott Bessent saying, "I AM THE HOUSE"

---

I missed Bessent recently. Tell me what I missed.

---

In August, he had the Treasury go into the longer maturities of the Treasury market (10 to 20 year and 20 year to 30 year) and do "buybacks" in order to increase liquidity with the hope of getting banks out of poor positions, raising cash, and helping to increase demand at future auctions.

The only problem is that he brought a "peashooter" to a gunfight.
Literally pissing in the wind.

You can read about it here:

Treasury doubles debt buybacks as Bessent moves to steady bond market

U.S. Treasury's bond scheme is not a national debt management tool, say top economists, but it did show Wall Street what makes Scott Bessent flinch

He said that "HE IS THE HOUSE" because he has access to proprietary information that the market does not have.

That "proprietary" information would most likely be the "mix" of maturities that the Treasury issues at auction every week, every month, every year.

He has in fact been employing the Janet Yellen strategy (who he adamantly criticized) of selling more short-term securities (ie. T- Bills) which can help limit the issuance of longer dated maturies . . . 5, 7, 10, and 30 year Bonds.

---

Your interpretation of Bessent's "I am the house now" comment is simply wrong. He wasn't talking about knowing Treasury's secret future auction mix. His actual explanation was about foreign exchange intervention in the Japanese yen. Bessent said that when Treasury intervenes alongside Japan, he has unusually good insight into what the Bank of Japan and Japanese policymakers are likely to do. That's what he called "asymmetric information." Turning that quote into "Bessent knows the secret maturities Treasury will issue" is attaching an entirely different meaning to his statement.

---

Here, I will simplify it for you.
It's BOTH.

---

You're the one who was wrong, I don't need anything simplified.

It isn't both and he explained that.

---

Whatever "inside" info that Bessent had from the BoJ . . . FAILED.
Not sure why you are having difficulty understanding this.

Here's a chart of his FAILURE thus far.

The Bessent Buy Back Bust.
Epic Fail.

DiabloWags said:

---

ChudBear said:

---

DiabloWags said:

---

ChudBear said:

---

DiabloWags said:

---

concordtom said:

---

DiabloWags said:

---

concordtom said:

---

Interesting article about how tromp is involved in the ballroom construction. Architect wanted to do something different differently than Trump wanted to do before the safety, evacuation of volume, and Trump said that they don't have to pay attention to any building codes, he is the code.


https://www.yahoo.com/news/politics/articles/am-code-trump-clashed-ballroom-090000208.html

---

Are you surprised?

This is like our Treasury Secretary Scott Bessent saying, "I AM THE HOUSE"

---

I missed Bessent recently. Tell me what I missed.

---

In August, he had the Treasury go into the longer maturities of the Treasury market (10 to 20 year and 20 year to 30 year) and do "buybacks" in order to increase liquidity with the hope of getting banks out of poor positions, raising cash, and helping to increase demand at future auctions.

The only problem is that he brought a "peashooter" to a gunfight.
Literally pissing in the wind.

You can read about it here:

Treasury doubles debt buybacks as Bessent moves to steady bond market

U.S. Treasury's bond scheme is not a national debt management tool, say top economists, but it did show Wall Street what makes Scott Bessent flinch

He said that "HE IS THE HOUSE" because he has access to proprietary information that the market does not have.

That "proprietary" information would most likely be the "mix" of maturities that the Treasury issues at auction every week, every month, every year.

He has in fact been employing the Janet Yellen strategy (who he adamantly criticized) of selling more short-term securities (ie. T- Bills) which can help limit the issuance of longer dated maturies . . . 5, 7, 10, and 30 year Bonds.

---

Your interpretation of Bessent's "I am the house now" comment is simply wrong. He wasn't talking about knowing Treasury's secret future auction mix. His actual explanation was about foreign exchange intervention in the Japanese yen. Bessent said that when Treasury intervenes alongside Japan, he has unusually good insight into what the Bank of Japan and Japanese policymakers are likely to do. That's what he called "asymmetric information." Turning that quote into "Bessent knows the secret maturities Treasury will issue" is attaching an entirely different meaning to his statement.

---

Here, I will simplify it for you.
It's BOTH.

---

You're the one who was wrong, I don't need anything simplified.

It isn't both and he explained that.

---

Whatever "inside" info that Bessent had from the BoJ . . . FAILED.

---

Again you're conflating what he said about Japan. Please do your research before spouting off your repetitive nonsense.

This chart says it all.

From yields of roughly 4.60 to nearly 5.18 now

Looks like he cost the U.S. Taxpayer a TON of money!

Bessent's Buy Back BUST!

DiabloWags said:

---

This chart says it all.

From yields of roughly 4.60 to 5.17 now

Bessent's Buy Back BUST!

---

You're still conflating and repeating yourself.

Question:

Has Bessent's Buy Back Program been successful or failed?

DiabloWags said:

---

Question:

Has Bessent's Buy Back Program been successful or failed?

---

Yes.

Question:

Do you always obfuscate from the point others are making to try and make your own?