'At Risk Of My Job': CNBC Reporter Sounds Alarm On 'Insane' Donald Trump Move
Source: HuffPost
-snip-
Im going to say this at risk of my job but what President Trump is doing is insane. It is absolutely insane, Liesman said on Tuesdays broadcast of The Exchange.
And now hes saying hes putting 50% tariffs on Canada unless they agree to become the 51st state, the journalist continued. That is insane. There is just no other way of describing it.
-snip-
The other thing thats not talked about, he added, is whats going on within the administration in terms of how theyre treating the Constitution and laws.
I think all of that is bad for the attraction of capital, Liesman argued. We need massive amounts of capital if we want to fund our deficits, pay for the things we want to pay for, sell our bonds and have high stock prices. And it seems as if this administration is doing everything it can to chase foreign capital away.
-snip-
Read more: https://www.huffpost.com/entry/cnbc-reporter-donald-trump-economy_n_67d12d53e4b02a1e69bdc4e1
This was a real "The emperor has no clothes" moment for CNBC. I haven't heard yet whether Trump is openly calling for Liesman to be fired, but I suspect that's already happened behind the scenes.
Video at the link. Liesman starts talking about 2:50 there, but that video cuts off a few seconds before the video Brian Tyler Cohen posted on Bluesky:
https://bsky.app/profile/briantylercohen.bsky.social/post/3lk5magb7vk2f
What the CNBC video cut off was Kelly Evans foolishly trying to suggest this is "insanity as a strategy" - which Liesman immediately interrupted: "Insanity's not a strategy."

underpants
(189,308 posts)If you think Kilmeade sounds dumb on TV, without lines to read hes even dumber.
He had some cohost on - message - its ALL opinion. Anything you hear (not on Fox) is aaaalll opinion based on politics
🙄
republianmushroom
(19,100 posts)Strelnikov_
(7,944 posts)Good to see someone actually mentioning this.
The dollar is done as the worlds reserve currency if there is no rule of law. Which means, we are done, debt default, Greatest ever Depression . .
The other thing thats not talked about is whats going on within the administration in terms of how theyre treating the Constitution and laws.
I think all of that is bad for the attraction of capital. We need massive amounts of capital if we want to fund our deficits, pay for the things we want to pay for, sell our bonds and have high stock prices. And it seems as if this administration is doing everything it can to chase foreign capital away.
Strelnikov_
(7,944 posts)Leading to the quote of the day
electric_blue68
(20,307 posts)Justice matters.
(8,125 posts)the B-movie actor's "Trickle Down" that never trickled down.
It only trickled up. Different words for the same insane BS.
Beachnutt
(8,541 posts)will say how great it is.
dchill
(41,588 posts)I bet Gomer Pyle would do it!
Upthevibe
(9,450 posts)orangecrush
(23,656 posts)moniss
(6,766 posts)dot com mania when veteran business anchor Mark Haines called out his co-host Joe Kernen over the madness of of interviewing "companies" with no money, no assets, no customers and nothing but "dot com" as part of their name and then watching as soon as the interview ended and the stock of said company rising to the moon. Kernen defended it all and CNBC moved on to full "carnival barker" mode with Jim Cramer etc.
But I remember when Haines said it because the look on Kernen's face was priceless and you could tell the producers giving instructions to the other hosts through their earpieces must have crapped their pants because the quick banter normal for the show stopped and things began to go from silence to "umms" and "wells".
Marcuse
(8,217 posts)..3 2 1.
BattleRow
(1,477 posts)617Blue
(1,745 posts)Is sanewashing at its finest.
BrianTheEVGuy
(687 posts)Basically the newest term for the ridiculous he isnt an imbecile; he js playing amazing 4D chess that you commies dont understand.
Cathy Wood had some insane thesis about Trump causing deflationary boom. Thats like celebrating weight loss to severe obesity. Deflation happens in economic collapse due to mass defaults and destruction of the money supply.
Even their gurus are completely
DENVERPOPS
(11,332 posts)How about Musk calling his Rocket exploding: an "ENERGETIC DIS-ASSEMBLY"...........
Also, I love that the "Powers To Be", are now calling a PSYCHOPATH, a SOCIOPATH......seems so much more benign than reality......
BrianTheEVGuy
(687 posts)We call it farpotschket, which means breaking something youre trying to fix or change.
Musk is a meshuggeneh putz. I will let you google that one.
electric_blue68
(20,307 posts)as a Catholic back then; know what the second one is.
👍 😄
BrianTheEVGuy
(687 posts)
electric_blue68
(20,307 posts)A d ....Oy gevelt! Although that's Hebrew?
BrianTheEVGuy
(687 posts)Hebrew, Yiddish, a good bargain, shopping at Ollies
theyre all legit Jewish traditions.
electric_blue68
(20,307 posts)At least in the mid 60's to early 70's in NYC. 👍
calimary
(85,415 posts)They ran as though through an open faucet.
LudwigPastorius
(11,890 posts)I like that so much, I just made it my signature line.
Gary 50
(430 posts)Joe Kernan is a piece of dog shit. I love listening to Liesman. Can't stand the fucking nazi.
Festivito
(13,671 posts)Cha
(308,565 posts)and all.
Martin Eden
(13,986 posts)The Orange POtuS is is a treasonous criminal. What's so difficult to understand?
Sparkly
(24,538 posts)If it's a strategy, it's the strategy of our enemy to weaken the country as quickly and thoroughly as possible.
sop
(13,094 posts)then everything he does and says makes complete sense, Mr. Liesman.
RhapsodyFav
(39 posts)No beating around the bush. He's taking orders from Putin to destroy this country.
BadgerMom
(3,141 posts)Last edited Wed Mar 12, 2025, 08:22 PM - Edit history (1)
I love that he pushed back on that attempt at sanewashing. It made me think Id slipped into a 1970s timeline. I liked it.
Daleuhlmann
(464 posts)Liesman is "telling it like it is": Trump's economic policies ARE insane!
SheltieLover
(64,452 posts)
Raster
(21,000 posts)
The United States of America.
#RepublicansAreTheProblem
#RepublicansAreDeliberatelyDestroyingAmerica