Amazon, which saved $4B in taxes under Trump's Big Ugly Bill, has cut 30,000 jobs since last October.
Verizon, which saved $2B, plans to cut 15,000 jobs this year.
Meta, which saved $3B, plans to lay off 20% or more of its workforce.
Trickle-down economics is a cruel joke.
Trump’s new budget adds an extra $500 billion to fund wars abroad — about $3,700 more for every household in America — while cutting health, jobs, housing, and education.
Put simply, it takes more of your money for foreign wars, while making life in America even more unaffordable.
Let me walk you through what happened one hour before Trump announced the five day moratorium on Iran strikes.
$1.5 billion in notional S&P E-mini futures contracts. Four to six times normal activity.
One hour before the announcement.
Simultaneously, $192 million in crude oil futures purchased at the same time.
They made between $300 and $400 million dollars off those trades.
Trump claimed he spoke to an Iranian official to negotiate the moratorium.
The Iranians said that person doesn't exist and the conversation never happened.
This is not the first time.
It has happened multiple times. He says something. The trade goes on. He says another thing. The market moves.
But whatever you call it — they are laughing at you and they are laughing at me while they do it.
Hunter Biden sold a painting and Washington lost its mind.
These people are making hundreds upon hundreds of millions of dollars trading on information that only exists inside the most powerful office in the world.
I think we are dramatically underreporting how much money is actually being made here.
This isn't politics anymore.
This is a financial operation running out of the White House.
The Pentagon is denying a report by The Financial Times that Defense Secretary Pete Hegseth’s stockbroker was seeking to make large investments in major defense companies in the days before the U.S. and Israel struck Iran.
That report is raising more concerns about the people in and around the Trump administration who seem to be profiting in unusual ways.
@ElizLanders reports.
Rep. McGovern: Republicans cannot govern. In fact, the American people should be able to sue you for malpractice. I want to say to the American people that if you woke up this morning not knowing who to blame for this shutdown, you will go to bed tonight with no doubt on who to blame. It's House Republicans and Speaker Johnson.
MURRAY: Under $184k pays 12.4% Social Security tax?
DAHL: Yes.
MURRAY: $1M?
DAHL: 2.2%.
So:
Workers: 12.4%
Millionaires: 2.2%
Billionaires: effectively near zero
Same system. Different rules. We need a new Congress.
The CEO of the most advanced AI company in America just went on national television (Save this)
Hours after his company was blacklisted by the US government.
Here's what he said.
Dario Amodei built the only AI deployed inside the Pentagon's classified networks.
His company helped run military operations, intelligence, cyber defense.
Then the government told him to drop all safety limits.
He said no to two things.
Just two.
"One is domestic mass surveillance."
He explained: the government can already buy your location data, your browsing history, your political affiliations from private companies.
AI makes it possible to analyze all of it.
On every American, all at once.
"That actually isn't illegal. It was just never useful before the era of AI."
"Case number two is fully autonomous weapons."
Not the drones used in Ukraine and the remote-controlled systems.
Weapons that select targets and fire without a single human pressing a button.
"The AI systems of today are nowhere near reliable enough."
"We don't want to sell something that could get our own people killed or that could get innocent people killed."
He approved 98% of what the Pentagon wanted.
"No one on the ground has actually run into the limits of any of these exceptions."
The government wasn't fighting over something it needed.
It was fighting over the right to have no limits at all.
They gave him three days.
He said no.
So the President called his company "radical left woke."
Then ordered every federal agency to stop using their technology.
Then the Pentagon labeled them a national security risk.
A designation that has only ever been used against foreign enemies.
When asked if he'd received any formal legal action, he said this:
"All we've seen are tweets from the president and tweets from Secretary Hegseth."
No letter, filing or a legal document.
"When we receive some kind of formal action, we will look at it, we will understand it, and we will challenge it in court."
He said the Defense Secretary lied about the law.
Hegseth tweeted that any company with military contracts can't do business with Anthropic "at all."
Amodei: "That is not what the law said."
"The nature of the tweet was designed to create fear, uncertainty, and doubt."
Asked if this was an abuse of power, he paused.
Then said:
"This designation has never happened before with an American company."
"It was made very clear that this was retaliatory and punitive."
"I don't know what else to call it."
Asked if Anthropic could survive, he didn't hesitate.
"Not only survive it. We're gonna be fine."
Then the final question.
"If you had a moment with the President right now tonight, what would you say to him?"
"We are patriotic Americans."
"Everything we have done has been for the sake of this country."
"The red lines we have drawn, we drew because we believe that crossing those red lines is contrary to American values."
"Disagreeing with the government is the most American thing in the world."
"And we are patriots."
A CEO just went on national television and told the President of the United States:
You can blacklist us.
You can call us names.
You can threaten our business through tweets.
But we will not build machines that spy on Americans or kill without human hands.
Wow, this speech from Mayor of New York Zohran Mamdani 👏💯
"They command us not to believe what we see"
"They compel us as George Orwell wrote nearly 80 years ago, to reject the evidence of our eyes and our ears"
"And they would succeed, were it not for the many among us who read the scripture, but who live the scripture"
"Those who refuse to abandon the stranger"
"I speak of Renee Good, whose final words to the man who murdered her moments later were: I'm not mad at you"
"I speak of Alex Pretti who died as he lived, caring for the stranger. Here was a man who held the hand of the afraid and the afflicted in their final moments"
"Here was a man who dedicated his life to healing those who he never met"
"ICE shot him 10 times because he did something they could never fathom doing, he extended his arm towards a stranger"
"Not to push her down, but help her up"
"Let us offer a new path: one of defiance through compassion"
Between Nexstar and Sinclair, Trump’s allies will control local news across 458 stations in up to 200 of the 210 U.S. markets.
Trump’s billionaire buddies control X, TikTok, Facebook, Instagram, Twitch, Fox News, CBS News, Washington Post, WSJ and NY Post.
They designed it so their lies are served up to you as truth.
- 1/20: Trump guts the FAA
- 1/22: Trump disbands the Aviation Security Advisory Committee, declares he has ended DEI and restored “excellence and safety” in air travel
- 1/23: Plane crashes in Columbia, California
- 1/29: First commercial plane crash in 16 years over Washington, DC, 67 people die
- 1/31: Plane crashes in Philadelphia
- 2/1: Plane crashes near Ennis, Texas
- 2/5: Japan Airlines plane strikes Delta flight on runway in Seattle
- 2/5: Plane crashes in Arkansas
- 2/6: Bering Air flight disappears over Alaska with 10 people on board, later found dead
- 2/10: Plane crashes in Scottsdale, AZ
- 2/12: Military fighter jet crashes into San Diego Bay
- 2/15: Trump fires hundreds of FAA employees
- 2/15: Plane crashes in Flagler County, Florida
- 2/15: Plane crashes in Covington, GA
- 2/16: Two planes crash in Texas
- 2/17: Plane departing from Minnesota crashes in Toronto
- 2/19: Plane crashes in Marana, Arizona