kscarbel2

We have huge deficits. We have what I consider almost complacent central banks that think they are omnipotent. They just set short-term rates.. You all think they can manage all this. I don't think they can. My own view is people feel pretty good because you haven't seen effective tariffs. The market came down 10%, now it's back up 10%. That's an extraordinary amount of complacency in the face of a slew of risks including everything from inflation and credit spreads to geopolitics. The last time the US saw 10% tariffs on all trading partners was 1971. Wall Street earnings estimates for S&P 500 companies, which have already declined in the first weeks of Trump's trade policies, will fall further as companies pull or lower guidance amid the uncertainty. In 6 months, those projections will fall to 0% earnings growth after starting the year at around 12%. If that were to happen, stocks prices will likely fall. I think earnings estimates will come down, which means PE will come down. The odds of stagflation, which is basically a recession with inflation, are roughly double what the market thinks. JP Morgan CEO Jamie Dimon

Not original but well done and looks great. My concern would be engine parts availability for that 7.8 litre Brazilian New Holland engine.

The Financial Times / May 18, 2025 The US will impose the maximum tariffs it has threatened against countries that do not negotiate “in good faith” as it strikes a more aggressive tone in trade talks. Treasury secretary Scott Bessent on Sunday said that tariff rates would go back to the levels that President Trump announced on April 2, when he declared his intention to “liberate” the US from an unfair trade system. Countries will receive letters from Bessent outlining those maximum tariff rates if “they’re not negotiating in good faith”. “Some countries were at 10 percent, some were substantially higher. If you don’t want to negotiate then it will spring back to the April 2nd level”. The harder line illustrates how fraught the tariff negotiations have become, and contrasts with recent boasts by President Trump that countries were rushing to negotiate with Washington. Trump on April 2 said that a levy of 10 percent would apply to nearly all imports, but he also announced sweeping “reciprocal” tariffs in retaliation against levies on US exports. Following last month’s announcement, US tariffs on Chinese goods reached 145 percent. But the two countries on Monday signed a deal to cut tariffs on each other’s goods for at least 90 days, with the extra levies the US imposed on China this year falling to 30 percent and China’s declining to 10 percent. Southeast Asia’s export hubs were also hit with high levies on April 2, when Trump claimed the US would be freed from the yoke of unfair trade restrictions. Cambodia was given a “reciprocal” rate of 49 percent, closely followed by Laos with 48 percent and Vietnam with 46 percent. Mexico and Canada, which have often sparred with Trump over trade, dodged the reciprocal tariffs. Duties of 25 percent for goods that do not comply with the terms of the 2020 USMCA trade deal with the US remained in place. The UK earlier this month became the first country to sign a deal with the US since President Trump unleashed his trade war, securing cuts to tariffs on car and steel exports but failing to reverse a flat 10 percent levy that applies to most goods. Bessent on Sunday also said Walmart would “eat some of the tariffs” after the retailer warned it will raise prices because of the levies. The Treasury secretary said he had spoken to Walmart’s CEO over the weekend. Bessent also sought to quell concerns around Moody’s decision on Friday to cut the US credit rating from its top-notch triple-A level to Aa1, citing rising levels of government debt and a widening budget deficit. “Moody’s is a lagging indicator. I think that’s what everyone thinks of credit agencies,” Bessent said, placing the blame on Biden. “It’s the Biden administration and the spending that we have seen over the past four years,” Bessent added. “And we are determined to bring the spending down and grow the economy.”

The Supreme Court has just ruled that the worst murderers, drug dealers, gang members, and even those who are mentally insane, who came into our Country illegally, are not allowed to be forced out without going through a long, protracted, and expensive Legal Process, one that will take, possibly, many years for each person, and one that will allow these people to commit many crimes before they even see the inside of a courthouse. The result of this decision will let more CRIMINALS pour into our country, doing great harm to our cherished American public. It will also encourage other criminals to illegally enter our country, wreaking havoc and bedlam wherever they go.” The Supreme Court is not allowing me to do what I was elected to do. Biden allowed MILLIONS of Criminal Aliens to come into our Country without any “PROCESS” but, in order to get them out of our Country, we have to go through a long and extended PROCESS. In any event, thank you to Justice Alito and Justice Thomas for attempting to protect our Country. This is a bad and dangerous day for America! President Trump

The Supreme Court just ruled that the Trump administration must provide illegal alien Venezuelan Tren de Aragua gang members with more notice, prior to deporting them under the 1798 Alien Enemies Act. No, I’m not making this up. The list of things that don't add up is becoming rather long. https://www.breitbart.com/politics/2025/05/16/scotus-punts-on-alien-enemies-act-says-gangsters-deserve-time-to-hire-lawyers/

Please note that I rewrote my reply. I apologize for the inconvenience. The part numbers and information remains permanently etched in my brain however I seldom reach for it anymore.

Had to rewrite this......it's been a long time. 14QK2107 is for a Mack eastern R, NOT for an RS. 14QK2107P1 is for SS34 with square u-bolts. 14QK2107P2 is for SS34 with semi-round u-bolts.

President Trump has held out the prospect that the US will set new tariff rates on many of its trading partners unilaterally, rather than striking deals with all of them. Speaking at a meeting with business executives in the United Arab Emirates on Friday, he said that he will impose new tariffs over the next two to three weeks. He added that Treasury secretary Scott Bessent and commerce secretary Howard Lutnick would be sending letters out essentially telling people what they’ll be paying to do business in the United States. The President said that, while 150 countries wanted to agree deals, it’s not possible to meet the number of people that want to see us. .

I always felt the MA was the best looking jeep of all time. .

RD492SX

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https://www.breitbart.com/politics/2025/05/14/white-house-trump-qataris-agree-to-1-2-trillion-economic-commitment/ https://www.breitbart.com/politics/2025/05/14/hillary-clinton-slammed-for-accusing-trump-of-pay-for-play-over-qatars-luxury-jet-gift/ https://www.breitbart.com/politics/2025/05/14/gavin-newsom-caves-to-reality-no-new-illegal-aliens-on-free-health-care/ https://www.breitbart.com/politics/2025/05/14/colorado-prosecutor-gives-probation-to-illegal-alien-teen-who-killed-woman-in-auto-accident/

A hotline between military and civilian air traffic controllers in Washington, D.C. hasn’t worked for over 3 years, Senator Ted Cruz said during a hearing Wednesday.

His Middle East trip is a huge deal. .

https://www.foxnews.com/politics/trump-sign-executive-order-he-says-slash-drug-prices-up-80