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Trump’s Deal With His Administration Also Ends His Tax Audits

WASHINGTON—President Trump’s extraordinary agreement with the federal government expanded Tuesday to end all pending tax audits of him and his businesses, according to a document posted by the Justice Department.

In the document, signed by Acting Attorney General Todd Blanche, the government said it would be “FOREVER BARRED and PRECLUDED” from pursuing certain claims against Trump, his businesses and family members. The agreement specifically blocks the government from taking any action regarding tax returns that already have been filed.

Tuesday’s addendum includes broad language in which the U.S. pledges to cease pursuing any matters that are or could be pending with the IRS and with other agencies or departments. The statement includes family members and “related or affiliated individuals,” although it doesn’t clearly define those terms.

“He gets the money to spread among his friends and allies and also gets immunity for any review or audit. These guys just have no limit to what they’ll try to get away with.”

https://www.wsj.com/politics/policy/government-deal-with-trump-expands-to-end-tax-audits-aad8f2bc


Real banana republic stuff.
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For example:
The accounts purchased at least $1.75 million of Nvidia’s stock in the quarter, including $500,000 on Jan. 6. A week later, the administration cleared the way for Nvidia to send its H200 artificial-intelligence chips to China. Last week, Trump invited Nvidia CEO Jensen Huang to travel aboard Air Force One for the state visit to China.


Pure luck, I guess.
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The breakdown of total U.S. agricultural and related product exports to China over the last 10 years (2016–2025) reveals a distinct rollercoaster pattern: [1, 2]
  • 2016: \(20.8\) billion
  • 2017: \(19.6\) billion
  • 2018: \(9.1\) billion (Dipped sharply due to retaliatory tariffs and trade disputes)
  • 2019: \(13.8\) billion
  • 2020: \(26.4\) billion (Rebounded following the Phase One Trade Agreement)
  • 2021: \(33.0\) billion
  • 2022: \(36.4\) billion (All-time high for agricultural prices and resilient demand)
  • 2023: \(31.6\) billion
  • 2024: \(27.3\) billion (China heavily shifted sourcing toward South America)
  • 2025: \(\$8.3\) billion (Deteriorated as the trade dispute ratcheted back up) [1, 2, 3, 4, 5, 6]


Last year (because of Trump's trade war) US sales of ag products to China fell to the lowest level in more than a decade. Moreover, in 2024 when Biden was the president US sales for 2025 were projected at $25B. Then Trump came in and the actual number for the year was three times lower than the estimate.

Now, the Great Negotiator announced a major achievement of his visit: China promised to buy
$17B worth of American ag products. In other words, during Trump's two years (2025-26) China is going to buy as much from the US as it would've bought in one year, had Trump not thrown the tariff tantrum in the first place. A whole year of sales is lost.

Art of the Deal in action!
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Natalie Harp, Trump’s executive assistant, plays an integral role in Trump’s Truth Social activity. She brings the president stacks of printed-out draft social-media posts for his approval. The proposed posts often recycle content from other accounts that Harp or advisers think would appeal to Trump, according to people familiar with the matter.

Harp then logs onto the president’s account—at times outside of normal work hours—and posts batches of Trump-approved messages, the people said. Trump personally signs off on all of the content posted to his account. While Harp often posts content on Trump’s behalf, the president posts some messages himself, White House officials said.

https://www.wsj.com/politics/trump-truth-social-late-night-posts-167cb47a

A thirty-something lady is the most powerful media influencer in the world. And her job, funded by US taxpayers, is to flood the world with shitposts.
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Пару дней назад Яков сделал пост о том, как RFJ jr, один из трамповских жополизов (по совместительству наш министр здравоохранения), объясняет, что Трамп был по-своему прав, когда заявлял о снижении цены лекарств на 600%, если она, по его словам, падала с $600 до $100.
https://yakov-a-jerkov.dreamwidth.org/2386697.html

"Логика" объяснения в том, что снижение в 6 раз можно каким-то образом представить как снижение на 600%. Объяснение потребовалось потому, что на слушаниях в Конгрессе сенаторы публично высмеяли трамповские заявления о 600%, и RFK jr., как и положено лояльному жополизу, пришлось Трампа защищать.

Я прочитал пост Якова и удивился, потому что накануне, в день слушаний в Конгрессе, в твиттере была ссылка на оригинальное видео, где RFK jr защищал 600% Трампа, но там были другие числа. Тогда он говорил про снижение с $600 до $10 и тоже объяснял, что у Трампа своя логика. https://x.com/krassenstein/status/2046991286649884740

Вопрос в том, почему вдруг понадобились отдельное публичное выступление RFK jr, теперь уже в присутствии самого Трампа, но с новыми числами. Оба объяснения 600% абсурдны с точки зрения не только математики, но и Американского Свода Коммерческих Правил (The Uniform Commercial Code). Если бы компания рекламировала в интернете или газете снижение цены на товар на 600%, ей бы пришлось сделать соответствующую скидку по требованию покупателя, т.е. доплатить за покупку.

Тем не менее, в администрации Трампа посчитали необходимым публично защитить дурака-начальника с версией расчетов, которые бы выглядели более правдоподобно, чем в выступлении RFK jr. в Конгрессе. Они поменяли числа и организовали новое выступление для прессы, теперь уже в присутствии самого Трампа, чтобы RFK jr. унизился и вылизал боссу задницу у всех на виду еще раз. Интересно, сколько людей в правительстве, кроме самого Президента и министра здравоохранения, занимались всей этой херней. (Но даже для них изначальнoe $600 -> $10 выглядело еще более необъяснимо, чем $600 -> $100, поэтому пришлось менять одну липу на другую.)

В свое время, когда после перестройки были опубликованы материалы ЦК КПСС и КГБ, люди с удивлением обнаружили, какой херней занимались советские руководители на самом высшем уровне. Похоже, в трамповской администрации царит тот же маразм, что и в брежневской.
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Now, Volodymyr Zelensky, Ukraine’s president, is taking the next step, one that would have been unthinkable even as recently as 2024. By word and deed, he’s showing Europe and the world how the post-American free world can preserve its liberty and independence.
...
No nation can match American might, but for the first time in my adult life, the moral and strategic heart of the defense of liberal democracy doesn’t beat in Washington. It doesn’t beat in London or Paris or Berlin or Ottawa, either. It’s in Kyiv, where a courageous leader and a courageous people have picked up the torch America has dropped.
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Пьеса Шварца "Убить Дракона" написана по мотивам одной из самых распространенных в мире сказок "The Dragon Slayer":
He discovers that a seven-headed dragon who lives on a mountain in the neighborhood demands: periodically a maiden asa sacrifice, else he will lay waste the entire country. The sacrifice has been agreed upon and the lot has fallen to the princess. The king promises that whoever saves her shall have her hand and half his kingdom.



-- Stith Thomson. The Folktale, 1978. UC Press.

This probably goes back to the Minotaur myth.
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Россия переходит из состояния "людоеды" в состояние "трупоеды".
В Смоленской области на территории мемориального комплекса «Катынь» открылась выставка «Десять веков польской русофобии». Об этом сообщили организаторы выставки — Российское военно-историческое общество (РВИО), которое возглавляет помощник президента РФ Владимир Мединский.
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Peggy Noonan:
They [two Trump's posts on Iran: 1. open the f-ing strait; 2. civilization will die tonight] constituted hitting a new bottom, a new and infernal, face-lit-by-flames bottom, in world communications. The posts weren’t showbiz, they were sinister. You destabilize the world when, as the American president, you say such things. You make all the babies in this delicately poised, always knock-down-able world less safe. You rob your own nation of a claim to moral seriousness in the military action in which it’s engaged: You are saying we’re not trying to protect life but plan to attack, and in the attacking kill noncombatants who are members of the targeted civilization. The moral high ground is relinquished. You lower the bar for all potential response. You encourage violent action by trumpeting your readiness for it.

It bolsters the position of your enemies—their animus is justified, their commitment deepened. It allows them to pretend they’re fighting for the continuation of their people and not only the continuation of their regime.

Donald Trump plays the part of the madman every day. His head fake would be sanity. If his advisers thought this was a good negotiating tactic—“Give ’em a little madman theory, Mr. President”—they really are hicks.

Mr. Trump’s trust in his gut seems to have grown overwhelming—not in his reasoning power, not his analysis of intelligence data, but gut.

A lot of gut instinct is pattern recognition—I’ve lived long, experienced much, and know how this movie ends. But that means gut is weighted toward past experience.

Sometimes gut is mere emotion dressed up as instinct. Sometimes it’s wishful thinking that feels like conviction. Sometimes it conveniently pre-empts hard reasoning.

You can trust your gut straight into catastrophe.

https://www.wsj.com/opinion/in-gut-we-trust-dde164b6

_Hick_ is the right term for describing Trump's supporters of the Art-of-the-deal flavor.
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What started as a tongue-in-cheek observation that “Trump always chickens out” has become a consistently profitable pattern. It works especially well when there’s a specific deadline like Tuesday night’s Strait of Hormuz ultimatum since there’s less danger of being right but getting the timing wrong.

Over the 300-plus trading sessions since Trump took the oath of office last year, nine of the S&P 500’s 10 biggest gains have had to do with relief over tariffs or Iran. Owning stocks on just those days would have earned an investor 52% on their money compared with 12% for buying and holding an index fund throughout. Wednesday’s cease-fire rally might crack the top six.

https://www.wsj.com/finance/stocks/iran-bounce-these-tacos-are-getting-stale-1f69dd3a


Also of interest:

A Trump insider opened a $51,000,000 oil short position — hours before Trump announced a ceasefire with Iran. This guy is now 16 for 16. $170 million in profit. A perfect streak.

"We placed the bet." "The ceasefire dropped." "We cashed out." Sixteen times in a row.
https://x.com/JamesTate121/status/2041908860576002256
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“Ultimately, the task of parenting hasn’t changed, despite the demoralization of AI. It’s still about: How can we raise adaptable, grounded humans, who can respond to disruption—and, even more important, who believe they can respond to disruption,” says Dr. Elkins.

Resiliency is the key to functioning in a world moving so quickly under their feet.

Dr. Elkins assures me this will be easier than I think. “If you see your kid is doing a great job tolerating frustration, say, the videogame console breaks and instead of throwing it against the wall they fix it, that’s an opportunity to be like, ‘Hey, you dealt with that really well,’” she says. “Or when you notice flexibility—they were supposed to go to a friend’s house and someone got sick, but they pivoted nicely. You can say, ‘I saw you rebounded really well.’”

She suggests encouraging your kids to take initiative rather than waiting for instructions, to take healthy risks and do things more independently. “These are core skills that research tells us over and over are related to long-term adaptability,” says Dr. Elkins.

https://www.wsj.com/lifestyle/relationships/ai-parenting-anxiety-c054a54b

The school of hard knocks is back in favor. In education, it's a lot less about a specific skill than general adaptability. Everyone is an explorer now and from that perspective building a team of explorers is the key skill. Also, once you find something valuable, you should switch into the _exploit_ mode as fast as you can (per Alison Gopnik) and rebuild your team.
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"We are prone to think that we have here are degrees of certainty, with 2+2=4 enjoying the highest certainty. We don't realize that what we have here are not degrees of certainty, but kinds of certainty. And the kinds of certainty are as various as the kinds of proposition in question. *"




This crucial point is often lost in probability calculations. Nassim Taleb gets it though.

* “Different kinds of certainty have different kinds of grounds. And what it is that is certain is, in each such case, a categorially different kind of proposition. The grounds for mathematical certainty are deductive proofs, and mathematical propositions are rules, not descriptions. The certainty of a perceptual statement such as ‘The curtains are red’ lies in its being evident to the senses – look and see! The certainty of an empirical prediction is determined by its conclusive empirical evidence. And the certainty of a highly theoretical proposition of science, such as e = mc2, is determined by the holistic confirmation of the theory of which it is a part.
...
What applies to certainty applies also to truth.
..
Empirical propositions, mathematical propositions, logical propositions and ethical propositions are categorially different. And that’s why what it is for propositions of categorially different kinds to be true is also so different, even though the term ‘true’ is unequivocal.”

Peter Hacker;. “A Beginner's Guide to the Later Philosophy of Wittgenstein.”

MEGA!

Mar. 23rd, 2026 11:42 am
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Make Earth Great Again!


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President Donald Trump said he was considering “winding down” US military efforts against Iran, saying that the US was close to achieving its objectives as the conflict, which has roiled financial markets and the region, nears a fourth week.

“The Hormuz Strait will have to be guarded and policed, as necessary, by other Nations who use it — The United States does not!” Trump said. “If asked, we will help these Countries in their Hormuz efforts, but it shouldn’t be necessary once Iran’s threat is eradicated. Importantly, it will be an easy Military Operation for them.”

Trump, a little over an hour before his social media post, had rejected the idea of declaring a halt to hostilities and expressed confidence Hormuz would reopen “itself” despite allies’ reluctance to offer assistance.

https://www.bloomberg.com/news/articles/2026-03-20/trump-says-he-doesn-t-want-ceasefire-in-iran-conflict
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As usual, Trump will create a lot of mess, proclaim a victory, then get bored, leave and let others cleanup his shit.

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President Trump said in the Oval Office that he believed Iran was “going to attack first,” as he discussed his reason for striking Iran.

That perspective developed during negotiations with Tehran, he said.

“We were having negotiations with these lunatics,” he said, referring to Iran. “It was my opinion that they were going to attack first.”

https://www.wsj.com/livecoverage/iran-israel-us-strikes-2026/card/trump-says-he-thought-iran-was-going-to-attack-first--4ELJsHHebf6NV5Je3uF2

Our stable genius believed that when faced with a historic American and Israeli military buildup in the region and after its air defenses were pummeled in the last year's confrontation Iran would attack first. I hope he's lying as usual. The alternative would be he's dumb as a rock.
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First lady Melania Trump expressed condolences to families who have lost loved ones to death and injury during an address to the United Nations on Monday that described “these challenging times.”

In an unprecedented role for a first lady, she opened a meeting of the U.N. Security Council on behalf of the U.S. as the country assumed the rotating presidency of the council. “I extend my earnest wishes for a swift and smooth recovery to all those who have been injured. You are in my thoughts and prayers during these challenging times,” Trump said, without mentioning any particular conflict.

https://www.wsj.com/livecoverage/iran-israel-us-strikes-2026/card/speaking-at-un-melania-trump-expresses-condolences-for-the-dead-4oUsYCq5A2LzcAeEHn9Z


It's like watching a really bad movie about geopolitics.
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In 2020, China's initial efforts to contain COVID worked reasonably well, with no broad lockdowns in important cities like Shanghai. It all changed with the emergence of the highly contagious omicron variant. The system went berserk, including the use of drones:
An even more bewildering use of drones took place in the early days of the Shanghai lockdown. The city’s top mental health official introduced an unexpectedly sparky phrase in an otherwise drab press conference on the course of the virus, demanding that Shanghainese “repress your soul’s yearning for freedom.”

“One night in April, as the lockdown swung into high gear, a drone carrying a megaphone began blasting that message into apartments full of huddling residents: “Repress your soul’s yearning for freedom,” with a woman’s voice played on loop while a light blinked from the drone. “Do not open your windows to sing, which can spread the virus.”

-- Daniel Wang. “Breakneck: China’s Quest to Engineer the Future.”

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