Found this at Balloon Juice and ICAM!
This May Be Our Most Critical Day Yet – Call Every Office Your Elected Official Has – Today!
by WaterGirl
| April 4, 2025
10:08 am
| 22 Comments
This post is in: Open Threads
We need to call, call, call our elected officials today. Call every office they have. I think Durbin has about five!
I’m gonna outsource most of this post to Simon Rosenberg.
The new Reuters/Ipsos poll released yesterday captures it well:
Trump Week 1 – 47% approve, 41% disapprove (+6)
Trump April 3 – 43% approve, 53% disapprove (-10)
This is a 16 point swing against him even before the terrible events of the last 36 hours.His undeniable madness and Russian-backed wrecking ball government are loosening his grip on the public, and Washington.
All of us have one job today – we must call/contact our Senators and House Member and demand they work to roll back these deeply destructive tariffs and rein in our madman leader.
As we discussed in yesterday’s post, Republicans are showing signs of an increased willingness to buck Trump as the economy craters, his numbers plummet, they lose elections and his madness becomes impossible to ignore. 9 Rs voted with Dems to block the House leg package this week. Senator Tim Kaine helped bring 4 Senate Rs along to vote with Dems on Wednesday night to override Trump’s Canada tariffs. Yesterday Republican Senator Grassley teamed up with Democratic Senator Maria Cantwell to introduce a bill that would establish a Congressional review of Trump’s tariffs.
As we’ve say here little cracks can become big cracks and this week we’ve begun to see much bigger cracks in Trump’s Congressional support. Note this new Tweet this morning from Trump enthusiast and Senior Fox Business Correspondent Charles Gasparino. It’s another big crack.
Wall Street’s pretty large contingent of True supporting Republicans is doing a lot of soul searching these days as Trump goes all in on trade. They can’t believe he’s blowing up the economy and the markets and he isn’t in office three months. They’re right on this: The markets are reeling and the economy will suffer if this trade war persists. Don’t let anyone tell you otherwise.
Back to Simon Rosenberg:
Why we need to be loud today, as loud as we can be, and put as much pressure on Ds to fight with everything they got and on the Rs to keep challenging Trump.
Trump is breaking things that will be very hard, if not impossible to repair, and we need to leave it all out there on the playing field today!!!!!!!!!!!!!!!!!!!!!!!!!!!
Dow is down 2,000 points
2,000!!!
insane
found this comment at another blog:
artem1s
April 4, 2025 at 8:47 am
weasel words. the stock market isn’t crashing because of China retaliating. It’s crashing because people are
1) tens of thousands are getting fired and no more 401 or pension dollars are going into their brokerages
2) the people getting fired are cashing out their investments and putting them into bond funds or CDs or under the mattress
3) everyone who still has a job is moving growth funds and equities to low risk funds that pay dividends or bonds or fixed cash accounts before the bottom falls out.
4) those 9-10 companies that have been driving the insane bubble since 2017 are being dumped by the brokerages because they know exactly which ones are overdue to pop
5) those companies that will be hit the hardest by the tariffs are getting dumped too – by Americans with investment accounts and the brokerages who know exactly which ones have been cooking their books since 2016 when the GOP weakened the laws put in place to keep the banks from creating the same conditions that led to the 2008 bank crash
6) there will be a brief time when the S&p and Dow go up and down in reaction to all of this and the traders will make money hand over fist as every tries to find just the right mix that will keep them afloat. (I’m betting I’m not the only one whose now getting daily hourly reminders from by investment company and/or brokerages to re-balance my portfolio.
7) sooner or later one of the brokerages (cough Lehman cough) will make a mistake and won’t be able to cover or rebuy their shorted stock and then we’ll be in free fall until we hit bottom. Then people will start to panic and start runs on the banks to get their cash out – “mattress are us” and “tin cans buried in the back yard, LLC” futures will surge briefly
8) and finally yes, while all of this is going on China and Japan and other countries including Canada will be dumping their US treasury and municipal bonds. but that’s hardly retaliation. it’s just sane business practice to get out before the great genius business men/smartest guys in the room try to default on the US debt.
frankly I find it suspicious all the geniuses discussing the why’s of the tariffs and killing SS haven’t been sounding the clarion about the possibility that what they are really aiming for is to default on the debt and kill the Federal Reserve and all our FDIC protected money at the same time. It’s not like The Convicted Felon hasn’t been doing this his whole life.
Brian Baez (@MentallyDivine) posted at 2:09 PM on Thu, Apr 03, 2025:
EXPOSED: Trump is trying to tank the economy ON PURPOSE. The name of their plan is the Mar-A-Lago Accord. https://t.co/Os5Tha1jSB
(https://x.com/MentallyDivine/status/1907873226681888867?t=rTrCgNHSAewdAaOQFJXC8A&s=03)
Mike Madrid (@madrid_mike) posted at 5:03 PM on Thu, Apr 03, 2025:
The stock market is SO bad that FOX News took the ticker off of its screen for the first time in their 28 year history. Read that again.
(https://x.com/madrid_mike/status/1907916935419015556?t=wX5I6uiI9OFgZNIKx1Zv4w&s=03)
Christopher Webb (@cwebbonline) posted at 6:02 AM on Fri, Apr 04, 2025:
PUT THIS ON BLAST:
Trump’s tariffs just pushed the risk of a U.S. and global recession this year up to 60%—up from 40%, according to J.P. Morgan.
THATS NOT ALL:
The White House made up the numbers—Trump Math 🤡 https://t.co/Y98nhtO266
(https://x.com/cwebbonline/status/1908113005658935622?t=YZ2XyNM4gWgSbR0QbyVo2w&s=03)
Tristan Snell (@TristanSnell) posted at 0:51 PM on Thu, Apr 03, 2025:
As you watch your retirement savings plummet — remember that Republicans in Congress could stop all of Trump’s insane tariff taxes with a single vote.
And they’re choosing not to.
(https://x.com/TristanSnell/status/1907853372264182059?s=03)
Tiff4Mahogany_44 🇺🇸 🇺🇦 NATO MEMBER (@tiff4mahogany) posted at 6:03 PM on Thu, Apr 03, 2025:
Only white folks would ever defend a white man losing over $2.5 trillion in our economy.
Anyone else and everyone on Fox News would be lighting their hair on fire.
(https://x.com/tiff4mahogany/status/1907931936267579905?s=03)
I Smoked The Tariffs But I Didnt Smoke The Economy (@BlackKnight10k) posted at 7:58 PM on Thu, Apr 03, 2025:
If he did this with a couple of months left in the White House, maybe a Democratic president could salvage the economy and mitigate some of the long term harm.
He has 3 years, 9 months, and two and half weeks left in office. And that’s if he even leaves.
America is cooked.
(https://x.com/BlackKnight10k/status/1907961048830767161?t=2KiBvwSd9XQIEKo3__IOLQ&s=03)