Why do my colleagues want to make “E-verify” mandatory for employment and “real-ID” mandatory for travel, but they won’t make either a requirement for welfare? 🤔

— Thomas Massie (@RepThomasMassie) January 9, 2026

The_barBEARian said:

---

nein51 said:

---

boognish_bear said:

---

🚨 BREAKING pic.twitter.com/rqOrjP4EZ1

— Rapid Response 47 (@RapidResponse47) January 10, 2026

---

This just doesn't work. It's stupid when democrats mention it as well.

If you're going to cap interest then approvals for credit are just going to decline DRAMATICALLY and I promise you 100% that the uprising that will come will be about how racist it is that black people cant get credit cards.

You're also about to see a BUNCH of people watch their credit scores drop like a rock as lenders cut available credit to limit exposure. So if you had $10,000 available on a card and owe $1,000 you could easily see your credit limit cut to $2,000 and that affects credit usage.

---

It forces people to live within their means.

---

Is that how capitalism works?

The_barBEARian said:

---

nein51 said:

---

boognish_bear said:

---

🚨 BREAKING pic.twitter.com/rqOrjP4EZ1

— Rapid Response 47 (@RapidResponse47) January 10, 2026

---

This just doesn't work. It's stupid when democrats mention it as well.

If you're going to cap interest then approvals for credit are just going to decline DRAMATICALLY and I promise you 100% that the uprising that will come will be about how racist it is that black people cant get credit cards.

You're also about to see a BUNCH of people watch their credit scores drop like a rock as lenders cut available credit to limit exposure. So if you had $10,000 available on a card and owe $1,000 you could easily see your credit limit cut to $2,000 and that affects credit usage.

---

Ok?

It forces people to live within their means.

---

Except for the credit thing. If the companies cut available credit to even those that pay off the full balance each month that ARE living within their means and simply using cards to get points/rewards and their credit drops it can have negative impacts when they go buy new cars, houses, etc.

cowboycwr said:

---

The_barBEARian said:

---

nein51 said:

---

boognish_bear said:

---

🚨 BREAKING pic.twitter.com/rqOrjP4EZ1

— Rapid Response 47 (@RapidResponse47) January 10, 2026

---

This just doesn't work. It's stupid when democrats mention it as well.

If you're going to cap interest then approvals for credit are just going to decline DRAMATICALLY and I promise you 100% that the uprising that will come will be about how racist it is that black people cant get credit cards.

You're also about to see a BUNCH of people watch their credit scores drop like a rock as lenders cut available credit to limit exposure. So if you had $10,000 available on a card and owe $1,000 you could easily see your credit limit cut to $2,000 and that affects credit usage.

---

Ok?

It forces people to live within their means.

---

Except for the credit thing. If the companies cut available credit to even those that pay off the full balance each month that ARE living within their means and simply using cards to get points/rewards and their credit drops it can have negative impacts when they go buy new cars, houses, etc.

---

It will have an impact for sure. I haven't had a cc balance in many years. I spend over $100,000 a year with Amex. Our business Amex is unlimited. While we don't use the other cards we have we need them as backup capital for the business. It would be a serious issue if those limits went away as some of our safety net would go away. In turn we would limit purchasing inventory and supplies.

We are one business. There are thousands.

That same thing would happen to most people on a personal spending level.

nein51 said:

---

boognish_bear said:

---

🚨 BREAKING pic.twitter.com/rqOrjP4EZ1

— Rapid Response 47 (@RapidResponse47) January 10, 2026

---

This just doesn't work. It's stupid when democrats mention it as well.

If you're going to cap interest then approvals for credit are just going to decline DRAMATICALLY and I promise you 100% that the uprising that will come will be about how racist it is that black people cant get credit cards.

You're also about to see a BUNCH of people watch their credit scores drop like a rock as lenders cut available credit to limit exposure. So if you had $10,000 available on a card and owe $1,000 you could easily see your credit limit cut to $2,000 and that affects credit usage.

---

Excellent information....thank you.

I had just read Trump's text....and it didn't seem realistic.

And you have explained WHY it is not realistic.

This is a mistake President @realDonaldTrump.

Without being able to charge rates adequate enough to cover losses and to earn an adequate return on equity, credit card lenders will cancel cards for millions of consumers who will have to turn to loan sharks for credit at rates… https://t.co/d0yvkGzSZ4

— Bill Ackman (@BillAckman) January 10, 2026

Monday is going to be an interesting day.

Credit card company stocks won't be able to react to this major news from Trump for another 50+ hours.

Either millions of credit cards will be cancelled or credit card companies are going to take a large hit.

It's midterm election… https://t.co/ZO1rNLUSg9

— The Kobeissi Letter (@KobeissiLetter) January 10, 2026

Democrats right now pic.twitter.com/FxZ6ba7zSd

— Brittany Hughes (@RealBrittHughes) January 10, 2026

That, uh, that's what I said.

Indiana football is NC good and AOC is right about something. In the same day. We live in the upside down world.

nein51 said:

---

Indiana football is NC good and AOC is right about something. In the same day. We live in the upside down world.

---

she is gearing up for 28..

boognish_bear said:

---

Why do my colleagues want to make “E-verify” mandatory for employment and “real-ID” mandatory for travel, but they won’t make either a requirement for welfare? 🤔

— Thomas Massie (@RepThomasMassie) January 9, 2026

---

attaboy tommy baby.........

- UF

D!

Go Bears!!

What's brewing?

Various pizzerias report above average traffic nearby the Pentagon.

Including one of the closest pizzerias, Extreme Pizza.

As of 1:47pm ET pic.twitter.com/YpW15daCzd

— Pentagon Pizza Report (@PenPizzaReport) January 10, 2026

boognish_bear said:

---

What's brewing?

Various pizzerias report above average traffic nearby the Pentagon.

Including one of the closest pizzerias, Extreme Pizza.

As of 1:47pm ET pic.twitter.com/YpW15daCzd

— Pentagon Pizza Report (@PenPizzaReport) January 10, 2026

---

any of them got a basement?

I will see myself out..

Crazy times

This is wild.

UAE finds it too dangerous for students to study in the UK for fear of radicalization.

Chew on that for a moment.

And yes, it is real. https://t.co/jODadPDu9t

— Daniel Negreanu (@RealKidPoker) January 9, 2026

I didn't realize earlier that this was for a year and not a permanent move

Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. https://t.co/PRHvVwVrva

— The Associated Press (@AP) January 10, 2026

boognish_bear said:

---

I didn't realize earlier that this was for a year and not a permanent move

Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. https://t.co/PRHvVwVrva

— The Associated Press (@AP) January 10, 2026

---

And the stupid people who have less interest will now burrow more money in its place

Due to federal budget cuts, PBS News had to make the difficult decision to rework our staffing and programming.

This Sunday, our PBS News Weekend team will sign off the air. pic.twitter.com/pAREL6iUBV

— PBS News (@NewsHour) January 9, 2026

boognish_bear said:

---

Due to federal budget cuts, PBS News had to make the difficult decision to rework our staffing and programming.

This Sunday, our PBS News Weekend team will sign off the air. pic.twitter.com/pAREL6iUBV

— PBS News (@NewsHour) January 9, 2026

---

Texas ranked #1 for gaining new residents in 2025 U-Haul survey, while California topped the list for people moving out pic.twitter.com/qGVv1Z1TeI

— Dallas Texas TV (@DallasTexasTV) January 10, 2026

boognish_bear said:

---

I didn't realize earlier that this was for a year and not a permanent move

Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. https://t.co/PRHvVwVrva

— The Associated Press (@AP) January 10, 2026

---

PCI compliance such as T&C, including interest rates, are required to meet SOX and JSOX standards. There are legal requirements that have to be met and it's an absolute nightmare to make changes to T&C. That doesn't happen overnight even if it's a minor change and every time it happens the consumer has to be notified.

One of the first steps would be printing (quite literally) millions of T&C changes and mailing them to consumers.

If the government is going to be running PCI compliance then they also have to spell out EXACTLY, to the letter, what T&C they would approve.

That would include things like default interest rates, what constitutes a payment period, how a year is defined (yeah, no, really…is a year 365 calendar days, from 1-1 through 12-31, from 1-1 to 1-1 etc), how much notice is required, which banks are required to comply (there are numerous privately held banks that issue credit and credit cards), does this only apply to credit cards - what about other forms of lending…

Which doesn't address the more pressing question of whether the government even has the legal right to cap interest rates on CCs.

I can tell you first hand that cc companies and banks don't make money on the customers at low interest rates or deferred payment terms. They make money on the customers at the 20%+ and they fund the perks for the customers at 10% with those profits. Leaving the perks aside it is entirely possible that capping interest at 10%, even for a year, could crash a bank.

Further, this is fundamentally no different than student loan forgiveness and there wasn't a Republican on this board that was for that.

The British Al Gore

Oh my! Get a load of this! 🤣

21 years ago, The Guardian reported that by the year 2020:

1️⃣ The Bering Strait would be open year-round,

2️⃣ European ships would routinely pass through the Arctic to reach Asia,

3️⃣ Polar bear populations would decline,

4️⃣ Snow would disappear… pic.twitter.com/TeZP9oQLnD

— Chris Martz (@ChrisMartzWX) January 10, 2026

Be like Poland! 🇵🇱 pic.twitter.com/fRDDep3D2m

— Visegrád 24 (@visegrad24) January 10, 2026

Jack Bauer said:

---

boognish_bear said:

---

I didn't realize earlier that this was for a year and not a permanent move

Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. https://t.co/PRHvVwVrva

— The Associated Press (@AP) January 10, 2026

---

And the stupid people who have less interest will now burrow more money in its place

---

No they won't because banks will cut available credit instantly. The likely outcome is that it will result in a constant cut back of the credit limits and much lower levels of spending. In the end if you're looking for economic growth this will not help that.

You know the censorship is out of control when even the Pope is calling it out, seriously.

— Klay Thompson (@Thompsonklay) January 9, 2026

BREAKING:

Trump expressed support for the Iranian people and said the United States is ready to help.

"Iran is looking at FREEDOM, perhaps like never before. The USA stands ready to help!!!" pic.twitter.com/RLzNd6TAwB

— Visegrád 24 (@visegrad24) January 10, 2026

boognish_bear said:

---

What's brewing?

Various pizzerias report above average traffic nearby the Pentagon.

Including one of the closest pizzerias, Extreme Pizza.

As of 1:47pm ET pic.twitter.com/YpW15daCzd

— Pentagon Pizza Report (@PenPizzaReport) January 10, 2026

---

BREAKING:

Major U.S. airstrikes in Syria against ISIS targets

— Visegrád 24 (@visegrad24) January 10, 2026

This is concerning:

US job numbers have been revised down in all 11 months in 2025 by a total of -624,000 jobs.

In other words, each job's report last year was revised down by an average of -56,728 jobs.

On Friday, November's jobs report was revised down -8,000 to +56,000.

At… pic.twitter.com/uZJjM9ihws

— The Kobeissi Letter (@KobeissiLetter) January 10, 2026

boognish_bear said:

---

You know the censorship is out of control when even the Pope is calling it out, seriously.

— Klay Thompson (@Thompsonklay) January 9, 2026

---

No kidding. That's the Woke Pope calling out them for being too woke

Everyone sees it. https://t.co/dp88dr43RR

— Jenna Ellis 🐊 (@realJennaEllis) January 10, 2026

boognish_bear said:

---

This is concerning:

US job numbers have been revised down in all 11 months in 2025 by a total of -624,000 jobs.

In other words, each job's report last year was revised down by an average of -56,728 jobs.

On Friday, November's jobs report was revised down -8,000 to +56,000.

At… pic.twitter.com/uZJjM9ihws

— The Kobeissi Letter (@KobeissiLetter) January 10, 2026

---

The market needs about 150k jobs per month for employment to stay steady. I don't see how this is sustainable.

2025 in China:

9,5 million births.
13 million abortions.

— Visegrád 24 (@visegrad24) January 10, 2026

Putin’s 3-day “Special Military Operation” to take Ukraine has now lasted 1418 days, just as long as the German-Soviet War 1941-1945

The war is putting enormous pressure on Russia’s economy & demography, with hundreds of thousands men killed and maimed for life. Russia must lose pic.twitter.com/4Ce6ewX3dp

— Visegrád 24 (@visegrad24) January 10, 2026

BREAKING:

Iran International reports that even the most conservative estimates indicate at least 2,000 anti-regime protesters have been killed by the Islamic security forces over the past 48 hours. pic.twitter.com/s58wJpIrnv

— Visegrád 24 (@visegrad24) January 10, 2026

The number of unemployed individuals now exceeds job openings by 685,000.

BREAKING: US job openings fell -303,000 in November, to 7.15 million, the 2nd-lowest level since December 2020.

This was far below expectations of 7.61 million vacancies.

Over the last 12 months, job openings have declined -885,000, and are now below the levels seen before the… pic.twitter.com/p4DQMt0IQg

— The Kobeissi Letter (@KobeissiLetter) January 8, 2026