PUBLIC SERVICE: Trumpism is a form of Max Weber's patrimonialism (2) - These aren't donations for the ballroom; these are low-risk, high-return investments.

Trumpism is a form of Max Weber's patrimonialism (1)

Washington Post

"You can't fool all of the people all the time" (21) - Hitting a new low & It's the economy, stupid

Other "You can't fool all of the people all the time."

Hitting a new low

YouGov

It's the economy, stupid

"You can't fool all of the people all the time" (20) - Robot portrait of a Trump supporter: male, old, white, and poorly educated

Other "You can't fool all of the people all the time."

YouGov

Back to the 19th century mercantilism

«In his second administration, Donald Trump has injected the federal government deep into private markets and undermined the independence of government agencies and institutions. Most notably, he repeatedly and publicly pressured the Federal Reserve to lower interest rates. In a sharp departure from the traditional US model, and the model of economic government that has prevailed in the United States for centuries, Trump’s administration has acquired equity stakes in more than 30 American firms, and has even taken control of large swathes of the Venezuelan economy. 

Until the 19th century, Trumpian-style mercantilism was widely regarded as sound economic policy. That changed after Adam Smith’s powerful refutation of mercantilism revolutionized economic thinking. When private sector producers compete with one another, Smith argued, an “invisible hand” generates benefits that none intend, resulting in the production of goods and services that constitute the true “wealth of nations.”»

Making Globalisation Work: Trump’s 21st-Century Mercantilism

By Anne O. Krueger  (*)

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Anne Krueger is an American economist, World Bank Chief Economist from 1982 to 1986, and deputy managing director of the International Monetary Fund (IMF) from 2001 to 2006.

"You can't fool all of the people all the time" (19) - The swing voters of 2024 have abandoned the president. Swing but not stupid

 Other "You can't fool all of the people all the time."

Donald Trump’s disintegrating coalition

«Since returning to office, Mr Trump's approval ratings have sunk to historic lows. Virtually all those who voted for Ms Harris disapprove of his performance, as does one in five of his own voters. (...)  Just 65% of Mr Trump’s supporters plan to vote for a Republican.»

"You can't fool all of the people all the time" (18) - In all areas, there are more men and women of all ages, races, and educational levels who reject Trumpism on all issues. It's difficult to get worse, but not impossible.

Other "You can't fool all of the people all the time."

YouGov

NPD. Confirmed diagnosis (3) - Dear devotees of Mr. Trump, you have been warned (several times)

Confirmed diagnosis (1), (2)

Moves that the enemies and adversaries of the US will enthusiastically applaud

Trump is at odds with his own administration—and with reality

«Trump on Friday (14) called on Americans to accept higher gasoline prices as the cost of preventing Iran from acquiring nuclear weapons. He posted this morning (18) that the “number one Goal is, and always will be, that Iran cannot have, in any way, shape, or form, a Nuclear Weapon”—even though his administration assessed before the war that Iran was not actively building weapons, even though the White House hasn’t offered any explanation for how the war will prevent the regime from restarting its weapons program, and even though the war may make Iran’s desire for a nuclear arsenal only more urgent. Meanwhile, Vice President Vance says that lowering fuel prices is actually now “goal No. 1” of the war. 

(...)

Meanwhile, Trump announced yesterday that he was curtailing joint military exercises with South Korea, “based on my very good relationship with Kim Jong Un, of North Korea.” »

Trump's current naval fixation

«Over the past nine years, Donald Trump has returned again and again to the concept of steam power. He loves the way that steam propels fighter jets off the decks of aircraft carriers, and he laments that the Navy has pivoted to electromagnetic launchers in its new ships. “That beautiful scene,” he rhapsodized at a rally in 2023: “That steam goes off, and that plane gets thrown the hell off; the power, beautiful. And it’s cheap!” 

(...)

Until last week, future ships were set to use electromagnetic propulsion too. But on Thursday, Trump ordered one of the Navy’s planned carriers, the USS Doris Miller, to be outfitted with steam catapults instead.

It’s a potential logistical nightmare.»

Trump administration proposes more than $100K fee for H-1B visas

«The Trump administration has proposed a more than $100,000 fee for H-1B visa applications for skilled foreign workers, a policy that the president introduced last year but had been blocked by a federal judge.

President Donald Trump first proposed payments of $100,000 as a presidential proclamation in September 2025 in an effort to prioritize American workers, and overhaul the H-1B program that allows companies and organizations to hire foreign workers for specialized, high-skill roles.»

Pro memoria (148) - See my leaps, don’t read my lips. The trumping way to Make the Debt Great Again

Trading Economics

«Maybe we'll pay off our $35 trillion dollars, hand them a little crypto check, right? We'll hand them a little bitcoin and wipe out our $35 trillion.»

August 2024, in a Fox Business interview

"You can't fool all of the people all the time" (17) - Oklahoma is gone, Idaho and West Virginia are next

Other "You can't fool all of the people all the time."

YouGov

It is easy to understand why the net approval rate has been falling. What is hard to understand is that more than a third of Americans still approve.

It just have to avoid being defeated itself

Read on Quora

No, the ayatollahs would only be confident they could defeat the US if they were stupid. They are confident they only need to avoid defeat. As simple as that, but beyond the level of understanding of a guy who suffers from hubris syndrome and paranoid narcissism.

Um Rio cada vez mais parecido com um socialista (2) - Era parecido, agora é indistinguível

Em 2018, por alturas deste post, o Dr. Rui Rio era líder do PS-D e já então dificilmente distinguível de um socialista encartado.

Há dias, com a sua confissão no X do Dr. Musk, o Dr. Rio declarou-se um anticapitalista puro e duro.

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A este propósito é indispensável não fazer confusões. 

Por um lado, temos os anticapitalistas, como o Dr. Rio, que, por natureza, é um pró-socialista, entre outras coisas possíveis, mas improváveis dado o seu passado. 

Por outro lado, temos os adeptos cépticos do capitalismo, como este vosso escriba, que veem o capitalismo como o pior dos sistemas económicos e sociais, com excepção de todos os outros, principalmente se esses outros forem sistemas sem propriedade privada e sem um mercado livre e se não tiverem por companhia um Estado Democrático e de Direito.

BELIEVE IT OR NOT! The Trump Administration admitted that it had withheld federal money in retaliation against its political rivals

«In a court filing earlier this month, a government lawyer did something radical: He laid out the truth in plain English.

The surprise was not just the honesty from a chronically dishonest administration but also the substance: The Trump administration admitted that it had withheld federal money in retaliation against its political rivals. The disclosure, first reported by The New York Times on Friday, is part of a lawsuit from a group of researchers in California whose grants were canceled. In lieu of turning over documents to the plaintiffs in discovery, an Energy Department attorney acknowledged in a filing that decisions about which grants might be terminated had been “based solely” on a goal of political retribution. “With one exception, the 284 terminated grants had a recipient location and/or at least one place of performance in a state that awarded its electoral votes to Kamala Harris in the 2024 election and has two Democratic-caucusing Senators (‘Blue State’ grants),” the filing stated, contradicting previous public statements by officials.

You can't fool all of the people all the time (16) - Oklahoma withdrew and joined the remaining 45 states.

Other "You can't fool all of the people all the time."

YouGov

JD Vance, Trump's running mate, the righteous hypocrate, from Never Trump to Ever Trump and beyond (4)

Sequel to (1), (2), (3)

«Why is a smart man spending so much time saying stupid things? The simplest explanation is that Vance believes his voters are stupid. Or as Vance himself told Rogan last week: “There’s a real populism that I’m very much a fan of because I think you should be responsive to people, but there’s, like, a faux populism of: The way that I’m going to appeal to people is by assuming that they’re idiots and acting like they’re idiots.”

This is admission by analysis. All politicians pander, but the best of them do it with some finesse. Vance, who struggles through the most basic photo ops, is not one of the best; his two successful elections are both testaments to Trump’s political muscle. In 2022, when he was a U.S. Senate candidate, I included Vance in a round-up of very intelligent Republicans who were clumsily pretending to be fools for electoral purposes. Vance seems to have doubled down on the strategy since then, but each new incident just offers more evidence of his dripping disdain for voters’ intelligence.

This may not be the wisest political strategy, H. L. Mencken notwithstanding. Vance’s approval ratings have been underwater for more than a year, and the Never Trump pollster Sarah Longwell recently conducted a focus group with Trump voters and found that Vance has left them cold. Either way, Vance’s performance plays as tragicomedy: comic because he’s so bad at it, but tragic because of who Vance was not that long ago. Much has been made of his critique of Trump in his 2016 Atlantic essay, and although his flip-flop on the president is astonishing, he has also reversed himself on a more fundamental view of politics.

In that essay, he criticized the demagogic tendency to condescend to people in so-called flyover country, where he grew up—to view them as yokels who could be easily manipulated with simplistic talking points and grievance plays. The harms that Trump identified, Vance wrote, “demand serious thought and measured action—from governments, yes, but also from community leaders and individuals.” Trump, he argued, was cynically co-opting those harms for his own gain and doing Americans a disservice. That Vance was right; this Vance doesn’t seem to care.»

J. D. Vance Isn’t a Fool. Why Does He Act Like One?, David A. Graham, The Atlantic

Trumpism at its finest: accusing China of trying to manipulate the 2020 elections while he himself tries to manipulate the 2026 elections

If he knows that these doctrines are not true, he is a
demagogue; if he believes his own lies, he is an idiot.

«(Wednesday night) President Trump delivered a rare prime-time speech, but his address fell well short of the hype. Purportedly, the president was going to make a major statement about election integrity, but in reality, the speech was dense and hoarsely delivered. As my colleagues report, he provided no evidence to back up his long-standing lie that the 2020 election was stolen. The White House also released four tranches of documents meant to support the speech, but Trump’s claims were a farrago of recycled information, misrepresentations of evidence, and tendentious claims based on materials too heavily redacted to parse. Major news networks, apparently concerned that Trump would mislead, declined to air the address live.

So why even deliver it? The speech was a sign of desperation. Trump spoke now not only to distract from his sputtering Iran war and its effects on the economy, but also because his attempts to concretely interfere with the 2026 election thus far have almost all failed. As his opportunities to change the rules of the game before November slip away from him, the president is falling back on one of the few tools he has left: attempting to sow chaos and doubt among Americans.»

Trump’s Plan for November Is Failing, The Atlantic

Thought of the day: best deal ever

If you think this cartoon is inspired by Donald Trump, it is. But think again and look around you.

De volta ao patriotismo tudológico a cavalo da ignorância pesporrente

Faz um tempo zurzi o patriotismo tudológico a cavalo da ignorância pesporrente do Dr. Tavares, que então investiu contra «os holandeses, os novos-ricos da Europa, actuando como gauleiters da Alemanha» tentando diminuir a Holanda para enaltecer o Portugal dos Pequeninos. Lembrei-me desse episódio ao cruzar-me com mais um exemplo de realizações notáveis dos holandeses, a acrescentar aos vários que então citei. 

Trata-se da ASML, o único fabricante mundial de máquinas de fotolitografia por ultravioleta extremo (EUV) cujos sistemas de precisão permitem produzir em massa os chips mais avançados, indispensáveis para a inteligência artificial, smartphones e data centers. As máquinas da ASML permitem imprimir circuitos com menos de 2 nanómetros (*) de largura para aplicações de IA da próxima geração.

É uma empresa espantosamente bem-sucedida, que em 2025 facturou mais de € 30 mil milhões e prevê facturar € 40 mil milhões este ano com cerca de 42 mil empregados de 140 nacionalidades. É a empresa europeia com maior valor de mercado - quase 700 mil milhões de euros ou mais do dobro do PIB português. É tão inovadora que a administração americana exigiu que, para continuar a operar nos EUA, a ASML não exportasse as suas máquinas para a China porque isso comprometeria a vantagem tecnológica americana, cada vez menor.

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(*) Equivalente a um milionésimo de milímetro; as células humanas têm, em média, um diâmetro entre 10 mil e 30 mil nanómetros, pelo que na largura de um circuito impresso da ASML caberiam de 5 mil a 10 mil células humanas. 

You can't fool all of the people all the time (15) - Idaho, North Dakota, Wyoming, West Virginia, Oklahoma, are still left

Other "You can't fool all of the people all the time."

YouGov

BREAKING NEWS: At first it seems strange, then it becomes ingrained (update)

Update to this post

«On January 6, 2021, 19-year-old Elias Irizarry was among the members of a violent mob that broke into the U.S. Capitol and attempted to overturn the recent presidential election. He was convicted of trespassing on government grounds, and videos from that day show him entering through a window with a metal pole in his hand. Now he may have access to sensitive national-security information as an employee of the Department of Defense.»  (The Atlantic)

BREAKING NEWS: At first it seems strange, then it becomes ingrained

«A convicted Jan. 6 rioter who later said that he regretted his participation in the U.S. Capitol attack has been hired by the Trump administration to work inside a Pentagon office that manages highly classified military operations, according to four people familiar with the matter.

The appointment of Elias Irizarry, who was 19 at the time of the riot in 2021, to a post in the Defense Department’s Special Operations and Low Intensity Conflict office has raised alarm internally among staff who question how anyone convicted in the assault on American democracy could be trusted for such a sensitive role in the U.S. government, these people said. All spoke on the condition of anonymity, citing a fear of retaliation.» Washington Post

At first glance, it seems strange that the Trump Administration would appoint someone convicted of breaking into the Capitol to work in counterterrorism at the U.S. Department of Defense. However, appointing such a person to combat terrorism makes as much sense as hiring a hacker to combat cyber intrusion, which is a normal procedure in the computer industry.

«President Trump lashed out at Israeli Prime Minister Benjamin Netanyahu over Israel's escalation in Lebanon in an expletive-laden call ("You're fucking crazy") on Monday, two U.S. officials and a third source briefed on the call told Axios.» Axios

It may also seem strange that Mr. Trump insulted Mr. Netanyahu, but the truth is that his democrat predecessor, Roosevelt, once said of the dictator Somoza, "He may be a son of a bitch, but he's our son of a bitch."

Unfortunately, not everyone, even among his devotees, understands these subtleties, and that's why President Trump's net approval rating continues to fall.

The news of Mr. Trump's reputation as a great negotiator is more exaggerated than the news of Mark Twain's death while he was still alive

«Donald Trump’s reputation and political career were built on his dealmaking prowess, yet the president keeps demonstrating that he is a terrible negotiator.

Repeatedly over the past nine years, Trump has gotten rolled by counterparts during high-stakes exchanges. North Korea, Russia, Russia again, China, and China again have gotten the better of the United States. Trump has had to slink back to Washington without much to show except empty talk about friendship with whatever dictator has just run circles around him. He’s had some success in brokering agreements when acting as a third party (though not nearly as much as he pretends) but much less luck when his own government is a participant. The one glaring exception came when he was effectively negotiating with himself, getting his own administration to set up a $1.8 billion slush fund for his political allies.

The newest example of Trump’s artlessness is Iran. Let’s review the past few days: Trump posted on Saturday that he was close to striking a deal with Tehran that would end the war he started earlier this year and reopen the Strait of Hormuz. As the outlines of the agreement began to emerge, it looked both incomplete and bad: Trump had postponed discussing the hardest issues—matters, such as nuclear weapons, that led him to go to war—in exchange for opening the strait, which was open before Trump started the war. Hawkish Trump allies promptly criticized the deal, and despite histrionic pushback from Trump aides, the president had begun backing off claims of an imminent agreement by Sunday. “If I make a deal with Iran, it will be a good and proper one, not like the one made by Obama,” he posted. “Our deal is the exact opposite, but nobody has seen it, or knows what it is. It isn’t even fully negotiated yet.” Yesterday, in a sign that a deal might not be near at all, the U.S. military conducted what it called “self-defense strikes” against Iranian targets—directly contradicting the administration’s previous claims about having wiped out any threats to the United States in Iran.»

David A. Graham, The Atlantic