logo
Trump Truth Social: Trump Fires Both Barrels at Friends and Foes for ‘Ripping Off' the U.S. Army

Trump Truth Social: Trump Fires Both Barrels at Friends and Foes for ‘Ripping Off' the U.S. Army

President Donald Trump came out firing today blasting countries from around the world for taking advantage of the largesse of U.S. military might for decades.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Grumpy Trumpy
In a tweet on Truth Social, the President, which according to our Trump Dashboard showed him in a grumpy Trumpy mood, took aim with the following soliloquy.
'The United States of America has been ripped off on TRADE (and MILITARY!), by friend and foe, alike, for DECADES. It has come at a cost of TRILLIONS OF DOLLARS, and it is just not sustainable any longer – And never was!
Countries should sit back and say, 'Thank you for the many year's long free ride, but we know you now have to do what's right for America.' We should respond by saying, 'Thank you for understanding the situation we are in. Greatly appreciated!'
Presumably, Trump is referring to the expenditure the U.S. has provided the NATO alliance over the years, as well as protecting other nations around the globe from attacks by communist, despotic or terrorist- friendly states.
Now, some guys and gals on the street would like to think that the U.S. had made these financial commitments in the name of democracy and freedom. The Band of Brothers standing together no matter the cost.
Trump Ain't No Rambo
Well, not in Trump's world who seems more rumbustious than Rambo, despite the comparisons.
U.S. defense stocks were lifted, however, with Northrop Grumman (NOC) edging up 1% and Lockheed Martin (LMT) up 0.5%.
These stocks will likely benefit from U.S. allies such as the U.K. spending more on defense because they produce most of the cutting-edge weapons needed in today's digital warfare.
Although, perhaps Trump should be careful with his war of words. U.S. Treasury data released late last week showed that Department of Defense spending across operations and maintenance (O&M), research and development (R&D), and procurement accounts was up 2% in the June quarter, a deceleration from 7% in the March quarter and 8% in the December quarter.
But rather than the old adage, a day is another day, Trump believes that an hour is another hour. There are hints that the U.S. is ready to spend big again on defending Ukraine. What will Trump's next shot and choice of words be?
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Obama hits back at Trump ‘treason' accusation over Russia investigation
Obama hits back at Trump ‘treason' accusation over Russia investigation

Yahoo

time25 minutes ago

  • Yahoo

Obama hits back at Trump ‘treason' accusation over Russia investigation

Former President Barack Obama hit back Tuesday at President Donald Trump's accusation that his predecessor committed 'treason' related to the investigation into Russian interference in the 2016 presidential election. Hours after Trump falsely accused Obama of trying to rig the 2016 election, the ex-president's office said it had no choice but to publicly refute the claim. 'These bizarre allegations are ridiculous and a weak attempt at distraction,' Obama's office said in a statement. The 44th commander in chief's office debunked the claim that an intelligence report released last week by Trump Director of National Intelligence Tulsi Gabbard somehow amounts to new evidence against Obama or losing 2016 Democratic candidate Hillary Clinton. ADVERTISEMENT The statement noted that neither Obama nor Clinton ever claimed that Russia succeeded in flipping votes from the Democrat to Trump's column in the election that catapulted him to the White House. It pointed to a 2020 bipartisan report by the bipartisan Senate Intelligence Committee, led by then-chairman ex-Sen. Marco Rubio, that instead accused Russia of seeking to influence the election in Trump's favor. 'Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes,' Obama's office said. The statement came soon after Trump erupted in a rant against Obama during an Oval Office meeting with Philippines President Ferdinand Marcos. 'They caught President Obama absolutely cold,' Trump said. 'They tried to rig the election and they got caught.' ADVERTISEMENT 'It's time to go after people,' he added. 'Obama's been caught directly…He's guilty. This was treason.' Trump's outburst is seen by critics as an attempt to distract from negative attention regarding his relationship with late sex trafficker Jeffrey Epstein and unanswered calls to release files related to the notorious pedophile's case. Trump's right-wing MAGA base has been pushing for the administration to publicly bare Department of Justice files on the case even after Attorney General Pam Bondi said she wouldn't release any more information related to the sex-trafficking case. Gabbard's report, released Friday, appears to be the latest effort to change the subject from Epstein. It downplayed the extent of Russian interference in the 2016 election by highlighting Obama administration emails showing officials had concluded before and after the presidential race that Moscow had not hacked state election systems to manipulate votes in Trump's favor. ADVERTISEMENT But Obama's Democratic administration never suggested otherwise, even as it exposed other means by which Russia interfered in the election, including through a massive hack-and-leak operation of Democratic emails by intelligence operatives working with WikiLeaks. _____

US Olympic and Paralympic Committee bans transgender athletes in compliance with Trump order
US Olympic and Paralympic Committee bans transgender athletes in compliance with Trump order

New York Post

time26 minutes ago

  • New York Post

US Olympic and Paralympic Committee bans transgender athletes in compliance with Trump order

The U.S. Olympic and Paralympic Committee is falling in line with an executive order from President Donald Trump banning transgender women from women's sports. The committee quietly updated its eligibility rules Monday, adding a paragraph to its 27-page 'Athlete Safety Policy' posted to its website that includes language that implies it bars transgender women from competing in women's divisions. Trump signed the 'Keeping Men out of Women's Sports' executive order — also known as Executive Order 14201 — in February. Advertisement The LA2028 official Olympic flag at Los Angeles City Hall on September 23, 2024. Getty Images 'The USOPC will continue to collaborate with various stakeholders with oversight responsibilities, e.g., IOC, IPC, NGBs, to ensure that women have a fair and safe competition environment consistent with Executive Order 14201 and the Ted Stevens Olympic & Amateur Sports Act,' the added language in the document stated. It's not clearly stated how the policy will be enforced, and it is unclear whether any American Olympians will be banned from the upcoming 2028 Summer Olympics taking place in Los Angeles. Advertisement A USOPC spokesperson told the New York Times that the committee had been having 'a series of respectful and constructive conversations with federal officials' following the president's executive order. The committee said it would work with national governing bodies to implement the new policy. 'As a federally chartered organization, we have an obligation to comply with federal expectations,' the USOPC statement read. President Donald Trump reacts after the FIFA Club World Cup 2025 Final match between Chelsea FC and Paris Saint-Germain. FIFA via Getty Images Advertisement No openly transgender woman has won an Olympic medal. The U.S. Olympic and Paralympic Committee's former policy based its rulings on 'real data and science-based evidence rather than ideology,' and that it would be 'making science-based decisions, sport by sport and discipline by discipline, within both the Olympic and Paralympic movements.' The International Olympic Committee has struggled to address the issue of transgender athletes in sports. USA Fencing updated its policy last week in response to criticism that it had been facing for allowing biological males to compete in the women's category. Part of the requirements to compete in a domestic women's competition include the language, 'Athletes who are of the female sex, provided all other entry criteria have been met.'

The Memo: Trump fuels Epstein furor he wants to escape
The Memo: Trump fuels Epstein furor he wants to escape

The Hill

time26 minutes ago

  • The Hill

The Memo: Trump fuels Epstein furor he wants to escape

President Trump and his allies are desperate to move past the Jeffrey Epstein controversy — but their own words and actions are having the opposite effect. Trump's decision to sue The Wall Street Journal over an Epstein-related story, his administration's choice to bar the Journal from the group of reporters who will cover the president's upcoming trip to Scotland, and Speaker Mike Johnson's (R-La.) eagerness to avoid a House vote on disclosure of Epstein material have all given fresh fuel to the story. The self-defeating aspect of this approach was typified by one social media post among the many that Trump has been issuing. On Tuesday afternoon, the president lamented that the achievements of the first six months of his second term were being underplayed because 'all the Fake News wants to talk about is the Jeffrey Epstein Hoax!' His post, of course, gave the media another reason to keep talking about it. The sense of creeping anxiety emanating from the White House over the Epstein matter is testament to the unusual discord it has caused within the Trump base. Trump's astonishing political comeback, from the nadir of the Capitol riot on Jan. 6, 2021, to winning the White House back last November, was enabled by the fierce loyalty of his 'Make America Great Again' (MAGA) supporters — and by a party that has grown ever-warier of crossing him. The Epstein matter is an unusual exception. Republican elected officials have proven uncommonly willing to break with the president — or at least create some discomfort for him. Even the Speaker has called for greater 'transparency' around Epstein, though he has more recently tried to close a perceived gap between himself and Trump. But Rep. Ralph Norman (R-S.C.) called on social media on Tuesday for a vote on disclosing the so-called Epstein files — exactly the thing Johnson has been moving to thwart. Norman said Republicans should 'vote on it before August recess and get it DONE!!' Rep. Tim Burchett (R-Tenn.) has also called for the material to be released, while Rep. Thomas Massie (R-Ky.) — who has been to the fore of the effort — is now in open defiance of Trump. Massie noted in an X post Tuesday that he had introduced 'the only binding congressional legislation' to get the Epstein material released, and 'in return, the attacks on me intensified.' Massie included in his message a screenshot of a Trump social media attack on him, in which the president called him 'the worst Republican Congressman' and 'A real loser!' Massie, in turn, used that attack to try to juice fundraising support from his supporters so he could 'stay in the ring.' The big picture, of course, is that the Speaker's reluctance to hold a vote is giving more ammunition to those who suspect Trump has something to hide. Massie told reporters Tuesday morning that Johnson seemed to want his party colleagues to 'just sort of stick your head in the sand' on the issue. It is a matter of public record that Trump and Epstein, the disgraced financier and sexual predator, were friendly acquaintances for years in the 1990s and early 2000s. Trump called Epstein a 'terrific guy' in a 2002 New York Magazine profile and also noted Epstein's fondness for women 'on the younger side.' It's also known the two later fell out, though the precise reason has never been definitively established. Some reports cite a competitive battle over real estate, others contend Trump cut contact with Epstein after the latter behaved inappropriately at the future president's Mar-a-Lago club. Trump's legal suit against The Wall Street Journal centers on the news organization's claim that a birthday message from Trump was included in an album to mark Epstein's 50th birthday in 2003. Trump insists the story, and alleged letter, are false. In terms of the politics of the overall matter, Trump is reaping what his allies sowed, at least in some regard. People around Trump stoked general suspicion of all the circumstances surrounding Epstein, who died — apparently by suicide — in 2019 while facing sex trafficking charges. The current storm was set off by the contrast between comments made by Attorney General Pam Bondi in February during a Fox News interview — where she said a list of Epstein's clients was 'sitting on my desk right now for review' — and an unsigned memo from the FBI and the Department of Justice earlier this month that contended 'no incriminating 'client list'' could be found. That set off real angst in the Trump base, with a number of MAGA-leaning commentators speaking out. The relatively meager polling that has been done in relation to Epstein underlines the political peril for the president. An Economist/YouGov poll released Tuesday found Americans disapproving of Trump's handling of the Epstein investigation by a huge margin. Fifty-six percent disapproved and just 22 percent approved. Significantly, exactly 1 in 4 Republicans disapproved of the president's actions, and an additional 30 percent declined to express an opinion. Just 45 percent of Republicans approved of how Trump had handled the matter. Those are unusually bad figures for Trump among Republicans. There is nothing very surprising about the overwhelming disapproval of the president's handling of the controversy among Democrats (only 7 percent approved), but it is also telling that independents came out against his actions by a massive 61 percent to 15 percent. For the moment, at least, Trump is stuck, and new developments are coming thick and fast. An announcement Tuesday from Bondi's social media account saying Deputy Attorney General Todd Blanche would meet with Ghislaine Maxwell set off its own new round of speculation as to possible ulterior motives. In 2022, Maxwell was sentenced to 20 years for conspiring in Epstein's abuse. Trump has tried to turn the page repeatedly. So far, unusually, it hasn't worked.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store