Bill Cara

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Bill Cara

Trump’s Belligerent Nonsense: 4,000 Canadians Out of 40 Million Won’t Back His Absurdity

At the end of a day without watching television or online media, I read this: “President Donald Trump triggered a fresh wave of outrage on social media Thursday after he once again treated reporters to a rant about how Canada ought to be taken by the United States as a new state.”

Given that Trump is likely not to stop until he’s made to stop, perhaps in a straight-jacket, here’s what every American ought to understand, if they don’t already and if they care about their country.

President Trump’s ongoing rants about annexing Canada as the 51st US state has triggered widespread outrage and ridicule across Canada, east to west, north to south. Shoppers nationwide are now refusing to buy anything labeled Made in USA. I’m guessing that out of 40 million Canadians, Trump couldn’t find 4,000 who agree with his “belligerent nonsense,” let alone 40,000—unless he paid them to do so. This absurdity has reached a point where global leaders must stand up and tell Trump, ‘Enough is enough. Worry about your country, because it’s the one in deep trouble. You are not making it great again.’

Trump’s fixation on acquiring Canada and his obsession with Greenland and the Panama Canal apparently resurfaced today when he signed a new plan for “reciprocal tariffs” on countries with trade barriers. He repeatedly claims that Canada “has been very bad to us on trade.” He insists Canadians “need our protection,” saying, “Canada is gonna be a very serious contender to be our 51st state.” None of it is true.

Trade relations between the countries including Mexico are materially the same as when Trump himself signed the USMCA about five years ago. He knows there are dispute resolution clauses in the tripartite agreement, which he agreed to and was later signed into law.

The idea of Canada relinquishing its sovereignty is an utter joke and is instantly met with immediate and resounding backlash everywhere I look. I have read that sports radio’s Rob Guerrera said, “Why doesn’t anyone tell this guy Canada doesn’t f–king want to be the 51st state?” Canadian podcaster @GregOnSports dismissed Trump’s NATO spending claims as “easily dis-proven …., so F–k off.” Metro Weekly editor-in-chief Randy Shulman called Trump’s rhetoric “tiresome, if not humiliating.”

But this is concerning. Today, even former Deputy Director of US National Intelligence Beth Sanner acknowledged Trump’s comments are more than just trolling when she told CNN’s Jake Tapper, “When he repeats things over and over, it becomes more real.” She said that while Trump may not send troops to Canada, she believes he’s serious about the idea, using it as leverage in trade negotiations.

The only thing Trump is known to negotiate is bankruptcy. He’s the King of Bankruptcies.

We know American auto manufacturing will soon shut down because of a blocked supply chain issue if this matter gets worse. Americans import 65% of their crude oil from Canada and enough electricity to keep the lights on for 6 million American homes and businesses. Americans rely on Canada for steel, aluminum, and agriculture; American manufacturing and production stop for most part if it’s not received. We know that with Trump’s tariffs, Americans must pay for them one hundred cents on the dollar on receipt, which will immediately result in things that will get more expensive to consumers. Moreover, we know that most Americans have no savings and insufficient funds in bank accounts to make these problems an economic war reality. Why is Trump doing the things only a madman would do?

So, let’s conclude. Trump’s vision of Canada as a US state is not only delusional but his constant repeating of them also highlights his cognitive issues. It’s time for world leaders to firmly reject his absurdities and remind him to focus on fixing the deep troubles in his own country – if he still has the mental capacity to do so. It’s time for the responsible member of Congress to stand up and tell Trump you’re not going to take this stuff anymore.

jimg

Now an official U.S. government website:

https://doge.gov/

jimg
jimg

Lacy Hunt: It’s Not Inflation But DEFLATION That’s The Real Threat To Our Economy

https://www.youtube.com/watch?v=4HXg-9f7E8Q

jimg

Could seriously affect our markets….

Trump Suggests Musk Found ‘Irregularities’ in US Treasuries

Bloomberg: https://archive.is/LjVoW#selection-1323.0-1323.59

aaron johnson

How can anyone trust what they say? Trump fatigue has me wanting to move everything into gold and unplug from all media.

Bill Cara

Aaron, thanks for participating.

With Trump, you love him or hate him for whatever reasons. I take what he says the same as clickbait. Sometimes it leads to something meaningful but for the most part, he’s seeing how far the world will let him go. It’s up to the media to decide how much air time to give him.

Broadcast promotes him because he attracts the audience viewing that in turn attracts the advertisers.

As far as his knowledge of the Treasury, he wouldn’t recognize a T-bill unless it were printed with his name on it.

NYUGrad

I am a bit out of touch with pop culture these days. So when I heard all this news re the Super Bowl halftime show and the beef between Kendrick Lamar and Drake, it was all news to me. If you want a quick summary before the big game.

https://www.cnn.com/2025/02/09/entertainment/not-like-us-kendrick-lamar-super-bowl-cec/index.html
https://youtu.be/QAPZCRQhHVI

Last edited 4 days ago by NYUGrad
Chris

LOL. I learned about the beef last year by listening to ProFootballTalk podcast. Chris Simm’s son explained it to him, and then he explained it to the pod listeners.

kaimu

Wow! Mahones played like a DEI hire! 40-22? 34-0 at half time!

Rap to me is boring and so I thought the half time performance was a flop. What I understand is the NFL thought Kamala would win 2024 so they signed the Lamar deal way before the Nov 5 elections.

Thomas Sowell, black professor at Stanford, credits rap music for destroying black morals and ethics. During ME TOO I wondered why rappers were not thrown in at the top with Harvey Weinstein. Meantime rappers get rich off poor black kids in ghettos buying their music. When is the “give back” part start? The ghettos in Chicago and LA and NYC are worse now than in the 1980s.

Supposedly this Lamar guy got a pulitzer prize? In 1998 the Pulitzer added in rap music. In 1904 it was journalism and novels. Then they started diluting the Pulitzer in 1945 and it got worse into the 1990s. What’s next a Pulitzer Prize for memes and graffiti? Maybe a Pulitzer for texting? Prestigious means nothing any more! Soros gets a Biden Medal of Honor or does the DNC hand out medals to all their billionaire donors? Where’s Klaus medal?

jimg

R&D lead of the Human Genome Project at MIT and Medicinal Genomics Founder Kevin McKernan:

“We have sequencing from a colon [tumor] biopsy from a patient who was 4 times vaccinated…we can find [DNA] plasmids in there a hundred copies per cell. They’re not exactly the same as Pfizer’s, which is a real head-scratcher, but they’re in there.”

https://x.com/SenseReceptor/status/1863041263756624246

Full interview:

https://rumble.com/v5s0zbb-vaccine-contamination-and-fiat-science-kevin-mckernan-is-5.html

Last edited 6 days ago by jimg
jimg

Financial Times:
Rapid trials prompt deals rush for Chinese ‘super me-too’ drugsWestern drugmakers look to Chinese trials for early data on treatments’ potential success

Western drugmakers are striking more deals in China to access “bio-better” treatments for diseases from obesity to cancer, taking advantage of the early data on offer from the country’s faster and more lightly regulated trials.
Large pharmaceutical groups including GSK, Merck and AstraZeneca have each signed $1bn-plus agreements in the past two years to buy the rights to develop and sell Chinese drugs outside the country.
Meanwhile, investors including Forbion, Bain Life Sciences and General Atlantic have ploughed hundreds of millions of dollars into new biotechs that will develop Chinese assets for western markets, hoping to be bought by major drugmakers.

FT: https://archive.is/XHy8G#selection-2383.0-2391.238

Will all our drugs come from China?
“Every major drugmaker’s head of R&D has been to China at least once in the last year… AbbVie Inc. and Bristol-Myers Squibb Co. have hosted dedicated partnering days in Shanghai to meet with local companies, while companies like Roche Holding AG, Bayer AG and Eli Lilly & Co. have opened or will open incubators to build relationships with early-stage startups. At a recent, widely watched trade expo, Pfizer Inc. announced it will invest $1 billion in China over the next five years, in part to work with local companies.”

Western biotechs that discover promising new targets for intractable diseases are finding that Chinese teams take their published ideas and beat them to generating clinical data. Some have noticed the increasingly “sharp elbows” of Chinese researchers scouring posters at Western medical conferences for the latest breakthroughs in recent years.
When I ask people in business development what trend they think is likely to have the largest impact on the industry in the next 5 years they usually say the rise of Chinese innovators (artificial intelligence is usually #2 ).

https://atelfo.github.io/2024/12/20/will-all-our-drugs-come-from-china.html

Is China becoming dominant in Biotech?

https://threadreaderapp.com/thread/1887287672873373995.html

jimg

 $CRVS ( Corvus Pharmaceuticals ) set up Angel Pharmaceutical in China, of which they own 49.7%.

Assets: – ITK inhibitor – BTK inhibitor – Anti-CD73 – A2AR antagonist – PPAR7

https://corvuspharma.gcs-web.com/news-releases/news-release-details/corvus-pharmaceuticals-announces-partner-angel-pharmaceuticals-0

https://www.angelpharma.com/en/our/

jimg

Chase Savings Account Interest
0.01%

https://www.forbes.com/advisor/banking/savings/chase-savings-rates/

Their new 3 billion dollar building:
Inside JPMorgan Chase’s New Office Where Employees Are Returning 5 Days a Week in Person

https://www.youtube.com/watch?v=s41QYeSa-3A

https://archive.is/c3p36

jimg

According to press reports, House lawmakers were recently considering a budget resolution with reconciliation instructions to allow up to $5.5 trillion of net deficit increases, largely through tax cuts. With interest, we estimate it would add $6.5 trillion to the debt by Fiscal Year (FY) 2035.

https://www.crfb.org/blogs/debt-gdp-growth-could-double-55-trillion-bill

https://archive.is/fm39G

Bill Cara

If the Americans who voted for Trump and support him in Congress continue that support after watching the events of today, I will say here and now America will soon be in two wars. There will be wars abroad because countries will defend their sovereign rights, and there will be a civil war. At the very least, there will be a national strike of Americans who choose to stand up for democracy.

Trump crossed the line today.

NYUGrad

Was this the plan once the war started? All I know is there is a lot of bad juju in the region. Don’t expect me to vacation in Gaza in this lifetime. How will Iran and other neighbors react to this? While this news isn’t surprising, it seems a bit brazen.

Maybe the Mag 7 will be given incentives to build San Jose Middle East in Gaza.

“Trump wants US to take ownership of Gaza and redevelop it after Palestinians are resettled elsewhere”

https://apnews.com/article/trump-netanyahu-washington-ceasefire-1c8deec4dd46177e08e07d669d595ed3

Screenshot_20250204-192444
Bill Cara

When the White House issues a statement that Canada, like Mexico, have bent the knee, people around the world are laughing.

Bad comedy does not replace sound fiscal management, which is what Americans need.

Chris

Donald Trump’s presidency will be good for traders if you understand the underlying things that drive him. I have been in politics for many, many years. Not a politician, but high-level staffer where you see and hear a lot of things. I was posting here in 2007 that Barack Obama was the real deal when nobody knew who he was. Anyway, Trump is simple: he is driven by attention (ego) and greed which is not unique to politicians. However, he is unique in that he will disrupt anything with his words. It doesn’t cost him a dime and do favors for family and friends by letting them know what he is going to do. The man is for sale which is why all the Mag 7 chiefs are kissing the ring. I suspected that the great tariff proclamation was likely just another Trump grift for his family and friends to cash in huge market volatility and if there were any other beneficial consequences like getting Canada and Mexico to the table then great. This may seem too farfetched and simplistic but to me it’s Occam’s razor.

Chris

And I think he also gets off on how much angst he is able to generate over these types of things. It’s just entertainment to him.

jimg
jimg

Updated 15 mins ago –Business

Trump, Sheinbaum agree to pause U.S.-Mexico tariffs for a month

https://www.axios.com/2025/02/03/trump-tariffs-mexico-deal

Mexico will send 10,000 troops to U.S. border to avoid trade war

https://www.bostonherald.com/2025/02/03/mexico-will-send-10000-troops-to-u-s-border-to-avoid-trade-war/

Last edited 10 days ago by jimg
jimg

This is the CME webpage that lists limit-down levels, updated everyday. Bookmark it. I have a feeling we are all going to need it…..

https://www.cmegroup.com/trading/price-limits.html#equityIndex

Last edited 11 days ago by jimg
jimg

Conversation: Physicist Steve Hsu and TP Huang, AI engineer:

AI community overnight is basically testing the DeepSeek models out.

Six months from now there will be a huge shift, where there’s much less utilization of open AI models and much more utilization of really good open source models like DeepSeek R1

DeepSeek R1 is not beholden to the Open AI issues like how slow it is ( it is very slow because it takes so much time to think about questions ) and higher costs.

You can run it on your local computer if you wanted

OpenAI sometimes goes down intraday for four hours at a time.

If you’re a corporation, you’re already scared of sending private data to an AI firm, how can they trust a closed sourced AI?

https://stevehsu.substack.com/p/us-prc-tech-war-deepseek-ai-and-6th

jimg

Most Canadians can’t even imagine how extensive the country’s problem has become. When BC’s anti-money laundering inquiry released its final report in 2022, it estimated the national volume of funds obviously laundered to be around $100b annually as of 2018. Using a standard GDP multiplier, that works out to just over 6% of the economy

https://betterdwelling.com/canada-cleaning-up-money-laundering-hits-gdp-the-same-as-tariffs/

jimg

Microsoft has introduced a stricter layoff policy, terminating employees without severance or extended benefits. Affected workers face immediate dismissal, losing access to company systems, healthcare, and other perks on their last working day

https://www.analyticsinsight.net/news/microsoft-enforces-tougher-layoff-rules-no-severance-immediate-termination

goldbug58

Top FBI officials (unknown exactly who or how many) told to resign or be fired as early as Monday morning. Former Special Counsel Jack Smith, who led the way into criminal investigations of Trump, not sure what his ultimate fate may be. Any Justice Dept officials linked to Smith, have already been fired.

Kyle

Good!!!!!!!!