The Skeeter Daddle Diaries

The stock market has the Jitters, apparently, because yesterday the Dow dropped nearly 1000 points and the NASDAQ fell over 4%. Right now the Dow is down another 500. I long ago gave up my dream of becoming a hedge fund CEO so maybe I’m not the right hombre to weigh in on fiscal policies under the new Trump regime, but I do know corporations and even small businesses like my own hate uncertainties. Will those tariffs drive up the cost of my stained glass? You bet it will. Will they kick up the price of my Canadian lead came and zinc border metals? Hell, yes!

Last night some arsonist in Seattle and Gomorrah burned a few Teslas sitting in a warehouse, no doubt venting their anger at Musk and DOGE, not sure what the thinking was there, but a message of some sort was delivered. Lately I’ve noticed a few bumper stickers that read: I Bought This Tesla Before Elon Went Crazy. Call me a hopeless optimist but I’m hoping to see plenty more of those and another one that says: I Voted for Trump Before Donald Went Power Mad.

These are very strange times in the Land of the Free, Home of the Capitalist. My neighbor dropped by today and before we could say Shut My Mouth we were debating politics, his Libertarianism to my Cynicism. He thinks tariffs might be a good remedy for what’s wrong with America because, well, because Trump is a great businessman, knows what he’s doing, knows how to handle trade negotiations and delivers a hard deal. Employment, he says, is already up. So … he missed the government layoffs and firings by DOGE evidently. Not real jobs.

I said I’d bet him a dozen eggs soon to be worth a bitcoin or two that this economy will take a hit from Trump’s recklessness, same as his casinos he drove into bankruptcy, smart businessman that he was. But … really, what do I know. These Trump Bibles might be selling faster than bitcoins and the gold tennis shoes, maybe even better.

When we finally called our debate a draw to save a friendship, my neighbor said he doesn’t pay attention to the news, too depressing. It was all I could do not to mention I pretty much assumed that.

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This entry was posted on Wednesday, March 12th, 2025 at 4:35 am and is filed under rantings and ravings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.