Friday, February 20, 2026

The SCOTUS opinion on Trump's tariff trade war will have uncertain consequences. The best quick reporting that way, CNBC.

 https://www.cnbc.com/2026/02/20/supreme-court-trump-tariff-decision-illegal-refunds.html

It would be easy to say, no excerpt - it speaks for itself.

THE TRUTH: No excerpt - I have to go to the toilet and vomit after watching the Trump presser on the SCOTUS opinion where he said he liked the Kavanaugh part and intends to not change a thing but might. In a more aggressive/stupid way or set of ways.

Retch on in uncertainty, nation and world. It will be as it turns our. Reason subverted to - you name it. 

Citizens of the USA paying more at the store. And then some. Ain't it is not over until 2028, when JD gets a due comeuppance.

____________UPDATE____________

There's a link in the EmptyWheel reporting where you follow it and get full access to an item behind a subscription wall, but where the pre-wall teaser says enough.

https://talkingpointsmemo.com/edblog/dont-be-fooled-by-the-corrupt-courts-tariff-decision 

The pre-wall teaser cuts the Gordian knot. The gifted full item is an untying attempt.

With a long bullshit opinion mish-mosh, don't waste time. Cut the fucking knot.

Trump ignores the opinion, saying Kavanaugh is a patriot, others less so. Not in those specific words, but by actions promised in his presser's words. 

 ______________FURTHER UPDATE______________

What is interesting, chasing that TPM stuff (and tweets) discovered - https://talkingpointsmemo.com/edblog/lutnick-family-angling-to-make-astronomical-sums-off-court-nixing-tariffs noting:

NEW YORK, NY - SEPTEMBER 12: (L-R) Brandon Lutnick, Chairman and CEO of Cantor Fitzgerald, Howard Lutnick, US Republican presidential nominee Donald Trump, and Daniel LaVecchia attend Annual Charity Day hosted by... MORE
This is not new. But I at least hadn’t heard any of these dots connected. I wasn’t even aware of the dots. A friend mentioned to me over the weekend that he’d heard about Wall Streeters buying up the rights to tariff refunds from big corporate importers. So the idea is that a Wall Street firm goes to an importer and says, you’ve now paid $10 million in tariffs. I’ll pay you $2 million right now for the right to collect the refund if courts ever end up deciding the tariffs were illegal. My friend had also heard that one of the most aggressive buyers was Cantor Fitzgerald, the firm until recently headed by Commerce Secretary Howard Lutnick and now run by Lutnick’s sons. Twenty-something Brandon Lutnick, pictured above on the left in a 2016 photo, is the current chairman of Cantor Fitzgerald. (He must be hella talented!)

Damn, I thought: That’s a hot story, crooked as the day is long. But I’m not sure how I or we would track it down without better finance world sources. Still, it was worth some quick googling. It turns out this is happening and Cantor’s role has already been reported. Wired and others reported this more than a month ago.

In mid-July, according to Wired, Cantor was buying up the rights to your potential tariff refund at between 20 and 30 cents per dollar. [...]

Business as usual, among some. If you think it stinks, how did you vote, 2024; Harris or the other of the two party candidates?

For me it was another of those lesser evil elections and I went with Harris. When I say "those" I mean every presidential election since I reached voting age. Each time going Dem. Clinton, Obama on those two even thinking it a positive choice - at least for the first term, each, but not the second term, each, where it was good old lesser evil one more time. It has been where at some point I came to fully understand the low approval values citizens in polls gave to Congress. Gave, give, and will give.

 FURTHER: I also came to think Malcolm was a stronger voice than King, and was proven right by the fact he was shot dead sooner.