Kagro in the Morning - September 2, 2025

David Waldman and KITM are back to begin the month that will most likely end with a government shutdown, which sounds bad only if you consider what we have now to be better than nothing.

Donald K. Trump cancelled $4.9B in foreign aid under the Presidential “Taksies Backsies” Rule. Many say that he can’t do that. Only 5 are actually required to say that he can do that.

Trump says that he captured $8 Trillion in tariff revenue, which would have been much bigger had he’d been able to pronounce the names of numbers bigger than a trillion. Trump also stated that Washington DC is crime free and that he’s never felt better. That’s why the stock market doesn’t seem to mind. Things are never what Trump says, he’ll always TACO, and there’ll always be somebody in the Fed to protect them.   US commerce secretary Howard Lutnick has nepo babied investment firm Cantor Fitzgerald, which has his sons become richer with every TACO Trump serves.

RFK Jr. knows mitochondria like Trump knows blockchain, in that they know that their ignorance will only kill you.