DC Swamp Draining May Spark Recessionary Pain For Region

DC Swamp Draining May Spark Recessionary Pain For Region

President-elect Donald Trump plans to make Elon Musk “secretary of cost-cutting” to lead the Department of Government Efficiency (DOGE) in slashing $2 trillion from the federal budget—about a third of what the bloated federal government spent in the latest fiscal year. This once-in-a-generation initiative will cut thousands of federal workers and reduce or even eliminate the vast cancerous bureaucracy with a new small government led by capable leaders.

Musk wrote in an X post on Sunday night that this shock-and-awe approach will have “obstacles overcoming the Kafkaesque nature of the rules governing this vast bureaucracy and ensuring that maniacally dedicated small-government revolutionaries join this administration. ” 

Musk was responding to Vivek Ramaswamy’s X post, “We won & now have a once-in-a-century opportunity to radically downsize the size, scope, and mission of the federal government. And the top obstacle to our success won’t even be the Democrats.” 

Trump is less than three months away from implementing his plan to ‘Make America Great Again’… and thousands of federal workers across DC, Northern Virginia, and Baltimore region have been put on notice for potential job loss.

A recent report by the Washington Post showed that approximately 15% of the 2.19 million civilian full-time federal employees in the US (data from 2023), or about 328,500, live in Northern Virginia, suburban Maryland, and even a touch of West Virginia. 

Source: WaPo 

The other 85% work elsewhere around the country. 

Source: WaPo 

More recent figures show that figure is as high as 373,000 in the Virginia, DC, and Maryland region. These job cuts could spark economic turmoil and reshape the DC landscape—or the beginnings of draining the swamp. 

Tyler Durden
Mon, 11/11/2024 – 18:00

Qatar kicks Hamas leaders out of country ahead of Trump win: report

“After rejecting repeated proposals to release hostages, its leaders should no longer be welcome in the capitals of any American partner.”

EU to buy US natural gas instead of Russian energy after Trump win

“Why not replace it by American LNG, which is cheaper for us and brings down our energy prices.”

American forces strike Iran-backed targets in Syria: US military

American forces carried out strikes Monday against nine targets associated with Iranian-backed groups in Syria in response to attacks on Washington’s troops in that country, the US military said. “These strikes will degrade the Iranian-backed groups’ ability to plan and launch future attacks on US and coalition forces,” the US Central Command said on social […]

The post American forces strike Iran-backed targets in Syria: US military appeared first on Insider Paper.

Trump picks ex-lawmaker Lee Zeldin to head EPA

Donald Trump on Monday nominated Lee Zeldin, a former congressman and early loyalist of the Republican, to oversee US environmental policy, the latest in a series of swift cabinet choices by the president-elect. If confirmed by the US Senate as administrator of the Environmental Protection Agency (EPA), Trump said Zeldin would be charged with making […]

The post Trump picks ex-lawmaker Lee Zeldin to head EPA appeared first on Insider Paper.

‘It’s Bullsh*t’: Donald Trump’s Victory Splinters House Democrats 

President-elect Donald Trump’s landslide victory is reportedly causing infighting and division among House Democrats.

The post ‘It’s Bullsh*t’: Donald Trump’s Victory Splinters House Democrats  appeared first on Breitbart.

Assumptions in Economics and in the Real World

Mainstream economists often base their analysis upon assumptions that do not square with reality. Austrian economics, on the other hand, is built upon realistic assumptions and the acknowledgement that good economics must reflect human action.

Your Kids Are Already Communist, and College Will Make It Worse

Modern American culture is statist to the core. The typical school curriculum tells students that capitalism is evil and socialism is good, be the school private or government. And the anti-capitalist mentality only ramps up when students are in college.

NewsWare’s Trade Talk: Monday, November 11

S&P Futures are higher this morning as markets remains enthusiastic on the possibility of future growth with the new administration. Today is veterans’ day, banks and the bond markets will be closed. No economic reports today. Wednesday CPI report will be the highlight for the week. On the earnings front this week, HD, AZN, CSCO, DIS & AMAT are all scheduled to report. In Europe, stocks are higher due to corporate earnings announcement and ahead of this weeks inflation report. Oil prices are lower as Hurricane Rafael concerns in the Gulf of Mexico have dropped substantially.

Trump Taps Former ICE Director Tom Homan As ‘Border Czar’

Trump Taps Former ICE Director Tom Homan As ‘Border Czar’

President-elect Donald Trump revealed on Sunday night that he plans to appoint Tom Homan, who served as the acting director of Immigration and Customs Enforcement between 2017 and 2018, as the next “border czar.” 

“I am pleased to announce that the Former ICE Director, and stalwart on Border Control, Tom Homan, will be joining the Trump Administration, in charge of our Nation’s Borders (“The Border Czar”), including, but not limited to, the Southern Border, the Northern Border, all Maritime, and Aviation Security,” Trump wrote on Truth Social. 

Trump continued, “I’ve known Tom for a long time, and there is nobody better at policing and controlling our Borders. Likewise, Tom Homan will be in charge of all Deportation of Illegal Aliens back to their Country of Origin.” 

“Congratulations to Tom. I have no doubt he will do a fantastic, and long awaited for, job,” Trump said. 

In recent weeks, Homan gave one of the most based interviews on immigration to the far-left media outlet CBS News’ 60 Minutes. When asked about the taxpayer cost of deporting millions of illegal aliens, he responded, “What price do you put on national security?”

At the Republican National Convention in July, Homan told Trump supporters: “I’ve got a message … to all the illegal aliens in violation of federal law … you better start packing now.” 

Homan recently torched far-left activist lawmaker Alexandria Ocasio-Cortez while on The Hill.

While Homan secures the southern and northern borders and oversees the deportation of illegal aliens, there will be significant moves by the Trump administration to disrupt and destroy dark money financial and trade networks that have sparked the horrific 100,000 US drug death overdose crisis per year caused by fentanyl and other drugs – much of which starts as precursor chemicals shipped from China, cooked into fentanyl by Mexican cartels, then flooded in the Lower 48. 

More on Trump’s plan to eradicate Mexican cartels: “Show No Mercy”: Trump’s Campaign Pledge To Annihilate Mexican Cartels Goes Viral.

Make Law And Order Great Again.

Tyler Durden
Mon, 11/11/2024 – 07:20