Market Largely Recovers DEVELOPING: TRUMP FREEZES FEDERAL AGENCIES SPENDING RFK Jr UNDER HEAVY FIRE DEPORTATION FOCUS UNFOLDS IN NEW YORK

 

[January 28, 2025 (12:45 PM PST)]

I promised to follow-up once the markets closed yesterday

Here is a round-up


According to Bloomberg data, billionaires with fortunes linked to artificial intelligence emerged as the worst losers. Hunag's fortune declined by 20% or $20.1 billion while Oracle Corp. co-founder Larry Ellison’s $22.6 billion loss was larger in absolute terms, but represented just 12% of his fortune, according to the Bloomberg Billionaires Index.

At this hour, it is being reported the Trump freeze on spending is cause issues with people's benefits.

Panic & Confusion: Federal Benefits Paused 


INFOWARS:  

To be fair, look at this scathing piece from JFK's daughter, Caroline Kennedy

MSN WAPO:


Caroline Kennedy goes on to claim in her letter that through “the strength of his personality,” other family members followed Kennedy “down the path of drug addiction.”

“His basement, his garage, his dorm room were the centers of the action where drugs were available, and he enjoyed showing off how he put baby chickens and mice in the blender to feed his hawks. It was often a perverse scene of despair and violence.”

Good Lord !!! 

THE FEDERALIST: 

SENATORS RAKED IN MILLIONS FROM BIG PHARMA TO GRILL RFK JR. WEDENSDAY



When one reads the article, we discover this:

“Consumer confidence has been moving sideways in a relatively stable, narrow range since 2022. January was no exception,” said Dana M. Peterson, chief economist at the Conference Board.

 . . . I mean the guy has only been in for a week at this hour.

Alright, I am going to taking a deep-dive into this spending freeze; surprisingly, it would seem Trump is really overstepping his power (s)

NBC NEWS: LATEST ON FREEZE PUSH BACK BY STATE & OTHER OFFICIALS

Lastly, the press was with ICE in early Tuesday morning raids.

Image Credit: Trisha Ohio

NY POST; DEA JOINS ICE & HOMELAND SECURITY CHIEF NAB KILLERS GANG KINGPINS

Noem said that among the first migrants picked up by the feds was “a criminal alien with kidnapping, assault and burglary charges.”

The busts targeted migrants with warrants against them for terrifying crimes including burglary, menacing, kidnapping, extortion, and various violent acts, police sources told The Post. 

The focus was just on “getting the bad guys out of the country,” a DHS rep told Fox News — saying the pre-dawn operation was aimed at rounding up accused “murderers, kidnappers, and individuals charged of assault and burglary.”

Later,

Drake

 




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