Do You Trust Scott Bessent?

[westwall]

The leading contender to replace Fed Chairman Jay Powell is Scott Bessent, the current Secretary of the Treasury.

Like Trump, Pam Bondi, and others, Bessent is a former Democrat. The far left takeover is nearly complete, and capturing the Fed chair would be the capstone.

Scotty is openly gay, which is a hard stop for most MAGAs.

But things are much worse then his penchant for smoking poles.

Bessent (are you ready for this media?) was George Soros's hedge fund manager, and thus part and parcel of the funding of all those violent leftist protests the MAGA media is constantly claiming.

In 1992, George Soros became "The Man Who Broke The Bankd Of England" by betting against the pound sterling. He made $1 billion off that trade alone.

And the guy at the helm of that disaster for England was none other than Scott Bessent.

Ladies and gentlemen, we have a mole.

He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.​

​

Then 29 years old, Mr. Bessent, working for the financier George Soros, helped “break” the Bank of England with crushing trades against the British pound. He was on a small team at Mr. Soros’s investment firm that, in 1992, amassed a $10 billion bet that the pound was overvalued.

Though the British government tried to support the currency, it wasn’t able to withstand the pressure, and the pound plunged in value. Mr. Soros’s fund earned more than $1 billion, along with credit (and infamy) for orchestrating one of Wall Street’s most audacious trades.

When President-elect Donald J. Trump announced his selection of Mr. Bessent as Treasury secretary last week, there was no mention of the connection to Mr. Soros. But it was Mr. Bessent’s experience at Mr. Soros’s fund — including another high-profile bet, against the Japanese yen — that helped define his career, and that his former colleagues and other associates see as a crucial credential.



Soros's boy broke two significant world currencies for big leftist profits. As Fed Chair, he would be perfectly positioned to destroy ours for fun and profit.

Do you trust this guy?

.

Sure.

 

[westwall]

The leading contender to replace Fed Chairman Jay Powell is Scott Bessent, the current Secretary of the Treasury.

Like Trump, Pam Bondi, and others, Bessent is a former Democrat. The far left takeover is nearly complete, and capturing the Fed chair would be the capstone.

Scotty is openly gay, which is a hard stop for most MAGAs.

But things are much worse then his penchant for smoking poles.

Bessent (are you ready for this media?) was George Soros's hedge fund manager, and thus part and parcel of the funding of all those violent leftist protests the MAGA media is constantly claiming.

In 1992, George Soros became "The Man Who Broke The Bankd Of England" by betting against the pound sterling. He made $1 billion off that trade alone.

And the guy at the helm of that disaster for England was none other than Scott Bessent.

Ladies and gentlemen, we have a mole.

He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.​

​

Then 29 years old, Mr. Bessent, working for the financier George Soros, helped “break” the Bank of England with crushing trades against the British pound. He was on a small team at Mr. Soros’s investment firm that, in 1992, amassed a $10 billion bet that the pound was overvalued.

Though the British government tried to support the currency, it wasn’t able to withstand the pressure, and the pound plunged in value. Mr. Soros’s fund earned more than $1 billion, along with credit (and infamy) for orchestrating one of Wall Street’s most audacious trades.

When President-elect Donald J. Trump announced his selection of Mr. Bessent as Treasury secretary last week, there was no mention of the connection to Mr. Soros. But it was Mr. Bessent’s experience at Mr. Soros’s fund — including another high-profile bet, against the Japanese yen — that helped define his career, and that his former colleagues and other associates see as a crucial credential.



Soros's boy broke two significant world currencies for big leftist profits. As Fed Chair, he would be perfectly positioned to destroy ours for fun and profit.

Do you trust this guy?

.

Sure

 

[g5000]

2. No tariff revenue, tariff revenue should be about $300b a year

You do know that is a $300 billion tax hike on AMERICANS, right?

97 percent of importers are small businesses. They will also be forced to pass on these higher taxes on to their customers.

They are being clubbed by Trump's tariffs, and because they are small businesses, they aren't going to be onshoring manufacturing.

Trump is an idiot.

 

[struth]

Biden got us out of Trump's economic wreck of 2020, so, yeah, he was the right vote in that fall.

A mindless Biden is safer than a Trump in any shape.

In 2020 a majority of Americans said they were better off then in 2024

That’s xiden’s legacy

 

[struth]

You do know that is a $300 billion tax hike on AMERICANS, right?

97 percent of importers are small businesses. They will also be forced to pass on these higher taxes on to their customers.

They are being clubbed by Trump's tariffs, and because they are small businesses, they aren't going to be onshoring manufacturing.

Trump is an idiot.

It’s off set by the tax cuts in the BIg Beautiful Bill

We are finally taxing consumption and not progress

I know this has you on the left upset

 

[g5000]

It’s off set by the tax cuts in the BIg Beautiful Bill

Really? You're stupid enough to bleev this?

 

[22lcidw]

Really? You're stupid enough to bleev this?

One year from now it will get more interesting. Of course, you guys have no answers. Nothing. If you take over the congress, the ten trillion-dollar green new deal legislation will start again just to start. Within a couple of months, the people will demand for you to change up and you won't. So, 2028 will be a Republican win even with your cheating.

 

[g5000]

One year from now it will get more interesting. Of course, you guys have no answers.

I don't know who you mean by "you guys" but I have outlined probably a hundred times the answers to our debt problems.

Be careful with your false dichotomies or I will have to ***** slap you.

How about you? Any specifics or just "stop aspending so much and lower taxes derp-derp-derp"?

Have you even caught on yet that Trump is the biggest spender of them all, or has your hack partisanship blinded you that much?

 

[struth]

Really? You're stupid enough to bleev this?

Any evidence to support that doesn't happen?

 

[g5000]

Any evidence to support that doesn't happen?

You made the claim. The burden of proof is on you.

So lets see your evidence importers will pay less in income taxes than they will be paying in tariffs.

You seem to have forgotten the income tax rates are unchanged from Trump 1.0.

 

[g5000]

struth

Does this sound like tariffs are offset by tax cuts to you?

How Rising Tariffs Are Disrupting Small Businesses—and What to Do About It​

​

1. Increased Costs & Shrinking Margins​

Many small businesses source raw materials, parts, or finished products from international suppliers. Tariffs on imported goods lead to higher costs, which directly reduce profit margins.

Example: A Pennsylvania-based bridal shop owner who placed dress orders months ago now has to absorb newly imposed tariffs on shipments arriving later, cutting deeply into expected profits.

2. Pricing Pressures & Customer Pushback​

Raising prices to offset tariffs seems like a natural solution, but customers don’t always accept sudden cost increases—especially in highly competitive markets.

Example: A Wyoming-grown metal fabrication business is struggling to pass rising steel and aluminum costs onto customers, who are already facing inflationary pressures and wage increases.

3. Supply Chain Disruptions​

Tariffs don’t just increase costs; they also disrupt supply chains. Delays at ports, reciprocal tariffs from other countries, and shifts in trade policies create unpredictability in sourcing materials and fulfilling orders.

Example: A safety equipment manufacturer, based in Burlington, is concerned that reciprocal tariffs will drive overseas customers to buy from local competitors, reducing global sales opportunities.

4. Slower Growth & Hiring Freezes​

With increased costs and uncertain cash flow, many small businesses are putting expansion, hiring, and investments on hold. The financial strain makes it difficult to reinvest in operations or talent.

Example: A Ohio-based manufacturer importing steel for welding electrodes is considering cutting hiring plans due to tariff-driven cost increases.

 

[g5000]

struth

Does this support your magical thinking?

The hidden costs of tariffs on small businesses​

​

According to the U.S. Chamber of Commerce, more than 97% of U.S. companies that import goods are small businesses, and today, many are struggling as tariffs increase the cost of imported goods. These additional costs were meant to target unfair trade practices abroad, but instead are hurting U.S. small businesses the most.

.
To state what should be obvious to the MAGA cult, but obviously isn't, a small business can't onshore the manufacturing of the goods they import.

.

 

[OhPleaseJustQuit]

Rubio face planting in Trump's ass since 2016 finally paid off with a cabinet post.

He has no "soul".

.

TRUMP'S ASS

You cultists never stop obsessing.

But thanks for addressing the topic and spelling all the words in your post correctly.


.

 

[g5000]

.

TRUMP'S ASS

You cultists never stop obsessing.

But thanks for addressing the topic and spelling all the words in your post correctly.


.

How do you stand the stench of your own hypocrisy?

Heard Mayor ass whining last night about how difficult this will be if they have to stick to the 30 days of ICE raids they have planned.

Harrel is and always was a pandering ass-kisser.

.

You would. He's got a history of abuse and is a James Martin ass kisser.

.
Your obsession with kissing other people's asses is an obsession.

.

 

[imawhosure]

The leading contender to replace Fed Chairman Jay Powell is Scott Bessent, the current Secretary of the Treasury.

Like Trump, Pam Bondi, and others, Bessent is a former Democrat. The far left takeover is nearly complete, and capturing the Fed chair would be the capstone.

Scotty is openly gay, which is a hard stop for most MAGAs.

But things are much worse then his penchant for smoking poles.

Bessent (are you ready for this media?) was George Soros's hedge fund manager, and thus part and parcel of the funding of all those violent leftist protests the MAGA media is constantly claiming.

In 1992, George Soros became "The Man Who Broke The Bankd Of England" by betting against the pound sterling. He made $1 billion off that trade alone.

And the guy at the helm of that disaster for England was none other than Scott Bessent.

Ladies and gentlemen, we have a mole.

He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.​

​

Then 29 years old, Mr. Bessent, working for the financier George Soros, helped “break” the Bank of England with crushing trades against the British pound. He was on a small team at Mr. Soros’s investment firm that, in 1992, amassed a $10 billion bet that the pound was overvalued.

Though the British government tried to support the currency, it wasn’t able to withstand the pressure, and the pound plunged in value. Mr. Soros’s fund earned more than $1 billion, along with credit (and infamy) for orchestrating one of Wall Street’s most audacious trades.

When President-elect Donald J. Trump announced his selection of Mr. Bessent as Treasury secretary last week, there was no mention of the connection to Mr. Soros. But it was Mr. Bessent’s experience at Mr. Soros’s fund — including another high-profile bet, against the Japanese yen — that helped define his career, and that his former colleagues and other associates see as a crucial credential.



Soros's boy broke two significant world currencies for big leftist profits. As Fed Chair, he would be perfectly positioned to destroy ours for fun and profit.

Do you trust this guy?

.

Does anyone on this board that is NOT a LEFTIST trust Gwilikers to tell you anything accurate?!?!?!?!

 

[OhPleaseJustQuit]

Does anyone on this board that is NOT a LEFTIST trust Gwilikers to tell you anything accurate?!?!?!?!

.

Nor do I trust ANY left cultist here to speak a word of truth.

They've been lying too long.

.

 

[imawhosure]

.

Nor do I trust ANY left cultist here to speak a word of truth.

They've been lying too long.

.

Agreed! They lost all their cred with Russia-Russia-Russia, impeachment 1 and 2, and all the lawfare.

All of the BIG issues for the last 8 years, they have been proven either wrong, liars, astroturfers, or gas lighters. If they said water was wet, the American public would have to check.

These people that are LEFTISTS on USMB, do not even deserve the time of day. If they can NOT rehabilitate themselves with TRUTH, then they need be LAUGHED off this board-)

 

[g5000]

Does anyone on this board that is NOT a LEFTIST trust Gwilikers to tell you anything accurate?!?!?!?!

Which FACTS you can disprove, troll?

Give it your best shot.

.

 

[kyzr]

You do know that is a $300 billion tax hike on AMERICANS, right?
97 percent of importers are small businesses. They will also be forced to pass on these higher taxes on to their customers.
They are being clubbed by Trump's tariffs, and because they are small businesses, they aren't going to be onshoring manufacturing.
Trump is an idiot.

WRONG.
Trump's tariffs just raised $150b, and small businesses are doing just fine.
You Never-Trumpers are morons, idiots, and anti-American.
Trump has $trillions of commitments for onshoring, we'll see what happens, tariffs or onshoring, its a win for Trump and a win for America either way.

 

[g5000]

WRONG.
Trump's tariffs just raised $150b, and small businesses are doing just fine.

WRONG.

See posts 51 and 52.

Your magical thinking is not the reality.
.