We know what’s coming and we are prepared.
All tax changes have to go through Congress, but in the long run Trump wants to make taxes lower on the individual. If he can get companies to ramp up production inside the US the over all tax income will go up. But by cutting taxes on the individual Trump hopes to increase spending thus kick starting the economy.
My concern is where is Congress going to slip increases in on the citizens. Excise taxes are already on things we have to pay for: fuel, airline travel, ammo, arrows and bows, vaccines, insurance..... Look up the Form 720. Is Congress going to add more or raise the ones they already have out there. They are too addicted to having all that cash flowing into pet projects.
I expect Trump to step down near the end of his term once everyone is comfortable with Vance and all the changes. The long term will be up to Laura and Barn keeping the Dems from cheating their way into control.
🇺🇸 Teenagers are now facing charges after doing a ding-dong ditch prank with a twist. They showed up in masks, wearing tactical gear and a rifle, or what looks like a rifle.
Two #Delaware teenagers, aged 16 and 17, faced charges after knocking on doors in New Castle while wearing tactical-style vests and carrying what appeared to be a rifle, police said.
This could’ve ended so badly..
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🌆 Market News Digest
[Oct 20, 2026 EST]
🔥 Top Stories
• US–Iran tensions swing markets — Hormuz tanker fire, Israel warns of renewed strikes, Rubio says talks are hard; oil stayed volatile even as Brent eased below $109
• Anthropic’s massive AI spend shock — WSJ says it may spend >$600B on compute, with huge cloud/Nvidia commitments and >$80B H1 loss
• Trump on Ukraine, Iran and trade — says Ukraine must make a deal, India trade is “pretty close,” and he’s weighing Iran action
⛽ Oil & Energy
• Hormuz tanker fire / mine incident — IRGC says a supertanker carrying >2M barrels caught fire after hitting a mine
• Europe gas >€90 — benchmark tops 2022 levels on supply fears; US diesel prices remain elevated
• NATO and EU security push — NATO adds Black Sea assets; EU doubles down on Arctic security and keeping fossil fuels in the ground
📊 Markets & Macro
• US housing weakens further — starts fell 5.2% and pending sales dropped 7.3% to a record low, pressuring ...
📝 🇪🇺 🇫🇷 Mario Nawfal on X: Europe's riots are just the beginning. The real economic shock hasn't even arrived yet.
I spoke with economist Philip Pilkington about the unrest spreading across France, Italy and Albania.
He thinks we're watching the early stages of something much bigger.
One statistic really caught my attention.
According to Pilkington, France's inflation-adjusted household food consumption has fallen roughly 6.4% since 2022. He suspects the poorest households have suffered far steeper cuts.
Now add another surge in energy prices.
Pilkington pointed to rice futures rising 70% this year, wheat and sugar climbing 40%, and fertilizer shortages threatening next year's harvest.
His prediction is that the worst food inflation could arrive this winter or next spring.
And there's a political problem sitting right on top of it.
Governments across Europe are already deeply unpopular. People are struggling to afford basic necessities, and another prolonged energy ...
