Investigators, after months of tireless sleuthing and sifting through more than 500 gigabytes of data and volumes of documents, found that infamous pedophile and human-trafficker Jeffrey Epstein maintained no client list and definitely committed suicide while awaiting trial in a New York City prison. Therefore, there will be no further investigation, no charges brought against sitting or former politicians, judges, or other famous people and the case is closed, the files flushed down the rabbit hole.
This is the same FBI and Department of Justice which must months ago promised transparency and honesty in its dealing with the American public. Allegedly, Americans are supposed to believe in the existence of unicorns, leprechauns, the Easter Bunny, tooth fairy, and that JFK was killed by Cubans, Elvis Presley is still alive, two planes took down the Twin Towers in New York and another 47-story building on 9/11/2001, and that U.S. astronauts walked on the moon in 1969.
Every day it becomes more and more difficult to keep faith in Ameircan institutions and the people running the government in Washington, D.C. Levels of propaganda and gas-lighting have never been as high as under the current regime.
With another major scandal now discarded and swept under the rug, the uniparty, ensconced neatly in the District of Columbia that rules over the great expanse of the United States, has free reign over the governments finances and operations, including raising the debt ceiling by $5 trillion and other provisions in the big, beautiful continuing resolution passed by both houses of congress and signed into law by Presiident Trump on July 4.
The grifting and draining of the U.S. Treasury shall continue, non-stop.
Early Monday morning, President Trump announced that letters were being sent to heads of state of various countries with which the U.S. does business. Some of the proposed tariffs, set to take affect on August 1, are of 25% on Japan, South Korea, Malaysia, Kazakhstan, Tunisia, South Africa (30%), Laos (40%), Myanmar (40%), Bosnia and Herzegovina (30%), Indonesia (32%), Bangladesh (35%), Serbia (35%), Cambodia (36%), and Thailand (36%).
Trump also took aim at the BRICS, the organization wrapping up its annual summit in Rio de Janeiro, Brazil, on Monday. Posting on his social media platform, Truth Social, the president sent out the following:
“Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff There will be no exceptions to this policy. Thank you for your attention to this matter.”
While the administration was busy alienating 60% of the global economies, Wall Street was even busier, selling stocks with heightened alarm.
There's more detail on the Money Page of the July issue of idleguy.com.
Approaching Tuesday's opening bell, stock futures are mixed with Dow futures down around 58 points, S&P futures up 5, and NASDAQ futures ahead by 50.
Gold was smacked down Monday, but recovered throughout to day to finish positively. as of this writing, gold is trading at $3,338.00 on the COMEX with silver tickling $37 ($36.95) where all the short stops are located.
Enjoy the chains.
At the Close, Monday, July 7, 2025:
Dow: 44,406.36, -422.17 (-0.94%)
NASDAQ: 20,412.52, -188.59 (-0.92%)
S&P 500: 6,229.98, -49.37 (-0.79%)
NYSE Composite: 20,545.60, -180.19 (-0.87%)
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