Elon Musk is back in the news. He's upset over the Republican budget bill and he's having a hissy fit about it online. Musk seems destined to lose this battle, since by coming out against the bill he set himself at odds with Donald Trump -- and Trump is a lot more popular with the Republican base than Musk. On the other hand, Musk has an almost unlimited amount of money and he's quite willing to toss millions at political causes when he feels like it. So it's tough to really predict how any of this is going to play out.

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This week, Wall Street figured out something about Donald Trump (that Vladimir Putin has known for quite a while now) and gave it a catchy name: "TACO." This stands for: "Trump Always Chickens Out."

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Once again, the Republican Party has laid out its real agenda, in the form of a federal budget. And once again, they have proven what their real priorities are: cutting taxes on the wealthiest Americans no matter what -- no matter who has to pay for it, or how.

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Donald Trump visited Capitol Hill today, in an attempt to browbeat his fellow Republicans into supporting a budget bill. Speaker Mike Johnson has his own self-imposed deadline of passing the bill this week, before Memorial Day. Whether this plan succeeds or not is still very much in doubt, however.

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Donald Trump seems to now be in full retreat on his trade war. Which is good news, since American consumers are the ones who would have paid the price for it all. The strategy for other countries to follow is becoming clear now -- just wait Trump out, and eventually he will cave on his own, due to political and economic pressures increasing on him over time.

This strategy worked wonders for China, as last weekend Trump dropped his tariff levels against the country by a whopping 115 percentage points. This was precisely what China had been demanding he do before any trade negotiations could even begin. All they had to do was wait.

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Will Democrats have an opening to pick up a Senate seat next year... in Texas? Personally, I have to remain skeptical, since Texas has long been the source of perennial disappointment for Democrats who have the dream of "flipping Texas blue." It's an enticing dream, to be sure, because Texas would be incredibly pivotal in electing a Democrat back into the White House. Flipping Texas blue in the Electoral College would make it practically impossible for a Republican to put together the 270 votes needed to become president. But flipping it blue even in a Senate race (or a governor's race, for that matter) has not happened yet, despite several exciting campaigns and lots of money donated to the cause. After all, even Ted Cruz -- one of the most-disliked senators around -- managed to win re-election. So it's a stretch, at best, to imagine John Cornyn being defeated by a Democrat next year.

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If you'll check a historic calendar (which is easy enough to do), you will clearly see that there are three possible days which could validly be celebrated as marking the end of World War II. They are: August 14th, August 15th, or September 2nd. The initial announcement of the surrender of Japan was made on August 14th, in Japan. Due to the nature of time zones, this happened when it was August 15th in America already. Then the formal surrender, which happened on the deck of the battleship U.S.S. Missouri, was signed on September 2nd. The president at the time, Harry Truman, announced the United States would celebrate what was known as "V-J Day" (for "Victory over Japan Day") on September 2nd. So that would be the most likely day you'd expect any subsequent American president to announce as a new semi-holiday, since it was when World War II actually officially ended. But you'd be wrong.

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American politics, for better or worse, is built on a two-party system that is occasionally challenged by independent third parties, who never have much in the way of notable successes. How many members of Congress are there from the Green Party? How many did H. Ross Perot get elected when he launched the most successful third-party bid for the White House in a generation? The answer to both is, of course, "zero." Third parties can change the political conversation in major ways (and occasionally even move the "Overton Window" in a big way), but so far none of them has built up enough success to truly challenge the dominance of the Republican/Democratic dichotomy. Instead, what is much more common is one (or both) of the two major parties being dramatically changed from within.

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So, does everyone feel wonderfully "liberated" now?

President Donald Trump, in his second term, decided to liberate himself from having any adults in the room when he made important decisions. Instead, he surrounded himself with ass-kissers and other assorted sycophants, all of whom tell him he is great no matter what crazy notion pops into his head.

This is the result. Yesterday, the Dow Jones average lost 1,600 points. Today it lost another 2,200 points. Trump has singlehandedly crashed the economy -- and we're only two days in.

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Before the votes were counted in Wisconsin last night, Elon Musk said the race "might decide the future of America and Western civilization" and "the future of the world." Afterwards, he tried to spin the outcome: "I expected to lose, but there is value to losing a piece for positional gain." Nice try, Elon.

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