As pundits weigh in daily on who has the edge in this year’s political horserace, investors want to know how the election will affect their pocketbook.
It could affect it in a big way. A major disruptive threat looms in the 2020 election like no other in recent history.
It’s not that one candidate or the other would be uniquely bad for markets. Wall Street could be okay with either a Trump or a Biden victory, albeit probably for different reasons.
By Clint Siegner – Re-Blogged From Money Metals Exchange
After 8 years of Barack Obama, ultra-loose fed policy and a historic run-up in the national debt, investors felt things would get better under Trump.
By Alasdair Macleod – Re-Blogged From Silver Phoenix
We are all too familiar with established views rejecting change. It has nothing to do with the facts. Officialdom’s mind is often firmly closed to all reason on the big issues. To appreciate why we must understand the crowd psychology behind the systemic consensus. It is the distant engine that drives the generator that provides the electricity that drives us into repetitive disasters despite prior evidence they are avoidable, and even fuels the madness of political correctness.
LONDON — The demonstrators let out a collective scream: “Whose streets? Our streets!”
Anger crackled in the air as the protesters — some in red MAGA caps or dressed in flag-themed clothing — grew incensed at a small group of liberal counterprotesters who were chanting “racist scum” at them from behind a metal barricade.
“They’re the fascists!” a woman yelled back at the liberals, as her fellow demonstrators nodded approvingly.
By Frank Holmes – Re-Blogged From http://www.Silver-Phoenix500.com
This shouldn’t surprise anyone, but public trust in the federal government is eroding. Sixty years ago, 75 percent of Americans expressed faith in the government to do the right thing “most of the time” or “just about always.” Seventy-five percent! You can’t get 75 percent of people to agree on anything now, as the recent “Laurel or Yanny” video proved.
Re-Blogged From Newsmax
President Donald Trump said he is naming White House budget director Mick Mulvaney to be the temporary head of the Consumer Financial Protection Bureau, setting up what could be a high-stakes clash over the regulator’s leadership.
Mulvaney’s appointment came just after outgoing CFPB Director Richard Cordray had already tapped his deputy to run the agency on an acting basis, a move that was widely seen as an attempt to prevent the White House from defanging the watchdog.
By Dan Perkins – Re-Blogged From http://www.Constitution.com
Without carried interest perhaps hundreds of thousands of small businesses would never get started. Some people, including President Trump, say that we should tax carried interest as current income because some hedge fund or private equity managers get special tax treatment with carried interest taxed as capital gains. The hedge fund managers are not the only people who benefit from carried interest transactions. Some of you may know what carried interest is, but I think most people do not understand the term. I thought that I should define it in words people like me and you know, and then I will describe an example. By the way, if you want to see real examples of carried interest transactions in action watch “Shark Tank.”
A carried interest is when an investor agrees to help provide money for a business to start it or additional capital to run it under special terms. Generally speaking the small businessman or woman needs capital, and an investor will say, “I will lend you the money at a reduced interest rate, but in exchange for a lower cost of money to you, I want some of the stock in the company and monthly interest income. Then in the future, I want to be able to sell my stock, hopefully at a profit.” This future sale is referred to as an exit. Keep in mind there is no guarantee that the investor will get his money back.
By Nicholas Wishek – Re-Blogged From http://eaglerising.com
St. Ignatius Loyola, supposedly said, “Give me the child, I will give you the man.”
This was true as far back as the Spartans and continues today in Islamic madrasas turning out suicide bombers. To restore traditional American values we must reform the education system.
Watching the ongoing, near hysterical, opposition to President Trump one has to wonder what the heck the protesters are thinking. One can understand the political leaders’ opposition – they fear that their power and cushy jobs are in jeopardy, but the media and the Never Trumpers? Why?
If things had been going extremely well, then maybe it would make sense to oppose the Trump agenda. But things weren’t going well. Anyone one with a lick of common sense should recognize the country was in bad shape and getting worse before President Trump’s election.
[A good look at who Steve Bannon is. – Bob]
By Joe Scudder – Re-Blogged From http://www.Constitution.com
The Deep State hates Trump because, as Steve Bannon declared, he is dedicated to the deconstruction of the administrative state.
Steve Bannon declared war on the administrative state at CPAC. It is pretty much a synonym for the Deep State, which is actively opposing Donald Trump.
The Washington Post reports,
Bannon framed much of Trump’s agenda with the phrase, “deconstruction of the administrative state,” meaning the system of taxes, regulations and trade pacts that the president says have stymied economic growth and infringed upon U.S. sovereignty. Bannon says that the post-World War II political and economic consensus is failing and should be replaced with a system that empowers ordinary people over coastal elites and international institutions.
By Don Swenson – Re-Blogged From http://www.Silver-Phoenix500.com
Change is in the ‘air’ and 2017 is likely to lead to major changes within our global political/economic/religious/scientific system. People are starting to think about all the various issues which will be emerging all around our planet. The issues are complex and confusing as paradox is a major part of the problem. Our world mostly operates with paradox and contrarian perplexities. Let’s review our global situation briefly for further understanding and comprehension:
The wars and chaos over in the Middle-East are tragic and must eventually be resolved. Thousands have been killed and millions are seeking refuge. Basically, the Islamic countries (within this Middle East territory) do not see eye to eye with Western hegemonic goals and visions. Since the end of WWI this region has been in continuing turmoil…and recent events are now culminating into serious chaos (leading to WW III potentially). Syria is unable to govern itself. Iraq is unable to govern itself. The same goes for Iran, Afghanistan, Libya, Egypt, Yemen, Somalia, Sudan, Gambia, Nigeria, and a host of similar Islamic nations where the rule of law does not work effectively. Leaders cannot solve any of the core political secular problems. The core issues are actually spiritual!
By Tim Brown – Re-Blogged From Freedom Outpost
Now, this will do more to eliminating illegal immigration than anything else, including a wall that costs American taxpayers billions of dollars and increases the size of the central government in border patrol agents. A leaked draft of an executive order by President Donald Trump indicates that he is looking to eliminate the welfare state for illegals, which is nothing more than dangling a carrot in front of them to cross the southern border on the American taxpayers’ dime.
The Washington Post reports:
The Trump administration is considering a plan to weed out would-be immigrants who are likely to require public assistance, as well as to deport — when possible — immigrants already living in the United States who depend on taxpayer help, according to a draft executive order obtained by The Washington Post.
By Jeremy Frankel – Re-Blogged From iPatriot
Article I of the Constitution gives the power to create and pass laws to Congress. However, Presidents have the power to sign executive orders, which are meant to give laws more specificity and to enforce existing law. However, when Presidents abuse this power, executive orders can become despotic, and the President can become a potential dictator. For example, former President Barack Obama abused his executive authority by frequently signing executive orders during his eight-year tenure, such as executive amnesty (which he had previously called “unconstitutional”), climate change regulations, and his seizure of millions of acres of state lands. The potential abuse of executive orders shows their negatives.
But now we have a new President in Donald Trump. Despite how dangerous executive orders can be, Trump’s only recourse to reverse Obama’s disastrous legacy is to implement executive orders of his own. Amazingly, Trump is using the pen and phone Obama left for him to reverse course and keep his promises. His orders have included reinstituting the Mexico City Policy, which bans federal funding of international abortions; withdrawal from the Trans-Pacific Partnership (TPP); imposing a hiring freeze for the federal government other than military, inevitably shrinking the government’s size; and easing the “regulatory burdens” of ObamaCare, including fiscal burdens such as taxes or penalties for individuals, health insurance companies, and others.
By Peter Schiff – Re-Blogged From Euro Pacific Capital
There is much we don’t know about how the Trump presidency will play out. Will the Wall get built? Who will pay for it? Will it have at least some fencing? Will repeal and replace happen at exactly the same time? Will Trump throw a ceremonial switch? Will there be a Trump National Golf Course in Sochi? It’s anyone’s guess. But of one thing we can be fairly certain. President Trump is very likely to preside over the largest expansion of Federal budget deficits in our history. Trump has built his companies with debt and I’m sure he thinks he can do the same with the country. His annual budget deficits are likely going to be huge. This development will make a greater impact on the investment landscape than most on Wall Street can imagine.
In the past half-century, Republican presidents have been the going away winners at the deficit derby, a fact that should make any true conservative blush. The sad truth is that annual deficits exploded under Ronald Reagan and George W. Bush, and generally contracted under Bill Clinton and Barack Obama. Some of the explanation is just luck of the draw, some walked into office in the midst of recessions they didn’t create. But the better part of the explanation is baked into the political dynamics.
By Mark O’Byrne – Re-Blogged From http://www.Gold-Eagle.com
U.K. Prime Minister Theresa May confirmed the UK will have a “Hard Brexit” and will leave the European Union’s single market while seeking a new arrangement on the customs union.
May warned EU politicians that the UK is prepared to crash out of the EU if it cannot negotiate a reasonable exit deal in a speech where her tough talking rhetoric prompted key figures in Brussels to say that the country was on track for a “Hard Brexit”.
The prime minister told EU counterparts that any attempt to inflict a punitive outcome on the UK would be an “act of calamitous self-harm” for the EU because the UK would retaliate and slash taxes to attract companies from across the world.
Precious Metals have been referred to as the Anti-Stock Market. It’s easy to see, looked at over long periods of time, that when Stock indices are in Bull Markets, Gold & Silver generally move downward. And, when stocks go into Bear Markets, the Metals shine.
Surely, this relationship is not ironclad, but it does hold more often than not. So, looking at Stocks can provide an edge when trying to tell the future direction for Gold & Silver.
By Rick Ackerman – Re-Blogged From http://www.Silver-Phoenix500.com
Is it possible that wage inflation is re-emerging in the US after a 35-year hiatus? That’s what the experts seem to believe, but there are good reasons to think they will be wrong. Consider the substantial pay increase that minimum-wage workers received in many cities and states where this issue was on the ballot in November. In theory, they will have more money to spend, and this will push the prices of goods and services higher. In practice, because their employers, particularly those in the fast food business and brick-and-mortar retail, are in a last-ditch fight for survival, it is far more likely that a vast number of low-wage jobs will be eliminated. Even now, we are seeing workers who received raises in 2017 ask their employers to reduce their hours so that they can continue to qualify for food stamps and Obamacaid.
This is the reality of the minimum wage world, and arbitrarily boosting hourly pay to $15/hour will only make things worse for employers and employees. At best, the economic result will be a push with the broad benefits of higher wages offset by a reduction in entry-level and low-paying jobs. In any event, the day is surely coming when McDonald’s will be able to operate a busy franchise with just two or three employees behind the counter. Amazon is already making similar strides in the grocery-store business. And Uber, having already made taxicab medallions worthless in many cities, could someday displace half the taxi drivers in America with driverless fleets like the one they are testing in Pittsburgh.
By Larry Kudlow – Re-Blogged From http://www.Newsmax.com
President-elect Donald Trump’s transition continues to go smoothly. Better than smoothly. Confidently. More than confidently. Transcendently.
And to top it all off, the Dow is up 9 percent since the election, while economic-sensitive small-caps have jumped nearly 16 percent. These are signs of Trump confidence.
Hard-nosed investment manager Ray Dalio, founder of Bridgewater Associates and a non-political guy, expects the Trump years to be as transformational as the Reagan-Thatcher years. Dalio says the Trump era could “ignite animal spirits” and “shift the environment from one that makes profit-makers villains with limited power to one that makes them heroes with significant power.”
That’s as good a summary as I have found.
By Guy Christopher – Re-Blogged From http://www.Gold-Eagle.com
Post-election airwaves and publications today are filled with bad news, good news and fake news.
The bad news is ‘fake news’ is very real. The good news is fake news is nothing new. The even better news for gold and silver stackers is they have learned to live with decades of fake news about sound money.
You already know all about fake news. It used to go by other names – lies, propaganda, false advertising, and brainwashing, to name a few. Now we can add polling results and agenda-driven predictions to that list.
By Jeff Thomas – Re-Blogged From http://www.Silver-Phoenix500.com
We began writing on the War On Cash some time ago, when it was still just a theoretical ploy that we believed banks and governments were likely to employ as their economic adventurism continued to unravel.
But, in the last year, several countries have, as a part of the War On Cash, begun removing larger bank notes from circulation in order to force people to perform all economic transactions through the banking system, assuring that the banks would gain total control over the movement of money.
Of course, the banks could not admit their true goal to the public. They instead used the governments to claim that the measure was being undertaken to restrict crime (money laundering, drug deals, black marketing, terrorism, etc.)
Recently, without any fanfare, ATM’s in Mexico have ceased issuing the 500 peso note US$24). The largest note is now the 200 peso note (US$10).
At about the same time, Citibank in Australia declared that it will no longer accept coins or banknotes.
By Peter Schiff – Re-Blogged From http://www.europac.com
The election of Ronald Reagan in 1980 provides the best recent precedent for the unexpected triumph of Donald Trump (in my opinion, the other post-war Republican takeovers of the White House –Ike in ’52, Nixon ’68, and W. in ’00 – did not constitute a real break from the status quo.) As many people expect great changes from Trump, it is worthwhile to look at what the Reagan Revolution actually wrought.
Both Reagan and Trump were better known to many as entertainers rather than politicians, both came from outside the Republican mainstream, and both engineered hostile takeovers of the Party. During the 1970s, the Republican Party was dominated by “Rockefeller Republicans,” the Ivy League-educated liberal Eastern elites. Reagan was the Western heir apparent to Barry Goldwater, the deeply conservative standard-bearer who went down in flames in 1964. In 1976, the brash Reagan had the nerve to challenge incumbent Republican President Gerry Ford in the primary, thereby weakening him in the general election, which he ultimately lost to Jimmy Carter. While Reagan was simply too conservative for the Rockefeller wing, Trump’s various positions are similarly inconsistent with much of the mainstream neo-conservative orthodoxy. Both candidates also capitalized on a weak economy as a catalyst to encourage voters to cross traditional party lines. Many of the rust belt “Reagan Democrats” came home to Trump.
By John Browne – Re-Blogged From http://www.europac.com
Brexit and the Donald Trump presidential victory should rightly be viewed as the most significant international developments of the last decade. Both events illustrate a breaking down of globalist order and they both threaten the entrenched elite that has so ruthlessly and painfully hurt the middle and working classes. But as Trump supporters revel in the largely unanticipated victory, Brexit faces a serious new challenge.
On November 3, 2016, The English High Court ruled that the UK’s withdrawal from the EU would affect substantially the “rights of individuals within the UK.” As a result, the Court concluded that despite the referendum, and the “Crown prerogative” that grants the Government considerable leeway, particularly in matters of foreign affairs, the decision to leave the EU must be made by Parliament. Given that the government has made many decisions to increase the UK’s “ever-closer” integration into the EU over the years, which clearly affected the “rights of UK individuals,” it is curious that the Court would finally decide to step in when the government was moving in the other direction.
By Joe Scudder – Re-Blogged From http://www.Constitution.com
While everyone mocked or reviled the Trump foreign policy positions, I couldn’t be happier with how things are going. In the first place, rather than go to war with Russia to defend terrorists, Trump plans to work with Vladimir Putin to destroy ISIS.
According to the Mirror,
President-elect Donald Trump and Russian leader Vladimir Putin have vowed to tackle ISIS together after holding breakthrough talks on the telephone.
Less than a week after the billionaire’s election, the Kremlin said Putin called Trump yesterday to begin negotiations over how best to tackle to terrorism.
The Russian is reported to have said he is ready for dialogue with the US “on the basis of mutual respect, non-intervention into each other’s internal affairs”.
According to the news agency Kremlin, Putin and Trump have agreed to “work to channel bilateral relationships into constructive cooperation, to combine efforts to tackle international terrorism and extremism, and to continue contact by telephone and to work towards meeting in person.”
The Week That Was: November 12, 2016 – Brought to You by www.SEPP.org
By Ken Haapala, President, Science and Environmental Policy Project
When Does A Scientific Assumption Become a Myth? As discussed in the October 22 TWTW, the influential 1979 Charney Report asserted that laboratory results showed that any increase in surface temperatures from a doubling of atmosphere carbon dioxide (CO2) would be very modest. Further, the influence of CO2 on temperatures is logarithmic. As the concentration increases, the total influence increases, but the influence of each additional amount declines. For practical purposes, this warming would be insignificant and cannot be differentiated from natural variation.
By Paul Joseph Watson – Re-Blogged From http://www.InfoWars.com
Three million votes in the U.S. presidential election were cast by illegal aliens, according to Greg Phillips of the VoteFraud.org organization.
If true, this would mean that Donald Trump still won the contest despite widespread vote fraud and almost certainly won the popular vote.
“We have verified more than three million votes cast by non-citizens,” tweeted Phillips after reporting that the group had completed an analysis of a database of 180 million voter registrations.
We have verified more than three million votes cast by non-citizens.
— Gregg Phillips (@JumpVote) November 13, 2016
As the victory of Donald Trump took shape last night, futures on the various stock markets began to plunge. S&P 500 futures were down the unofficial limit of 4% at one point. The Japanese Nikkei 225 Index closed down about 920 points overnight.
The theory was that President Trump would be bad for the US Economy, not the least by pressuring the FED to normalize (raise) interest rates. And, indeed, we see 30 year Treasuries now yielding around 2.84% – up almost a full quarter point from yesterday (see http://finance.yahoo.com/bonds/composite_bond_rates?bypass=true).
By Adam Hamilton – Re-Blogged From http://www.Gold-Eagle.com
With 2016’s contentious US presidential election just days away now, traders are still trying to game the outcome of this tightening race. With a Hillary Clinton victory long priced in, the mounting odds Donald Trump will prevail have big implications for major markets. One critical place traders should look for clues to how Americans will vote is the stock markets. Recent stock performance really sways election results.
This assertion certainly sounds dubious. When Americans are asked what the most-important issues for determining their votes are, the stock markets wouldn’t even make the list. But interestingly a recent Pew Research poll found that the economy was the number-one issue in this election. 90% of Trump supporters, 80% of Clinton supporters, and 84% of all registered voters rated the economy at the very top.
That beat out terrorism as very important to 80% of all voters, foreign policy at 75%, health care at 74%, gun policy at 72%, and immigration at 70%. Nothing is more important to Americans than the economy. The state of it greatly affects our abilities to earn healthy incomes to support our families, our states of well-being, and our hopes for higher standards of living in the future. Americans have long voted with their wallets.
By Clint Siegner – Re-Blogged From https://www.moneymetals.com
It just doesn’t matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals. That said, the contest itself is signaling something important precious metals investors should be watching intently.
This campaign is dragging whatever prestige is still associated with the Office of President into the mud. Few voters on either side bother to spend much time arguing the greatness of their candidate. When both Trump and Clinton carry more baggage than American Airlines, it’s easier to focus on their opponent’s shortcomings.
The victor in this epically polarized contest will garner only tepid support from a minority of Americans. He or she will be despised by most everyone else.
Washington DC is having a very bad decade. This year’s election is just part of a larger pattern that has big ramifications for the dollar and therefore precious metals; the devolution of confidence in our federal institutions.
By Tim Brown – Re-Blogged From Freedom Outpost
In a segment of the John Pilger Special which airs Saturday on RT, Wikileaks Founder Julian Assange will accuse Hillary Clinton of deceiving the America people about the scope of support that Middle East allies in Washington, DC have for the Islamic State.
As we have already reported, Assange’s Wikileaks dumped emails in which Hillary Clinton admitted that both Qatar and Saudi Arabia backed the support of the Islamic State.
In referencing that email, he said, “I think this is the most significant email in the whole collection.”
“All serious analysts know, and even the US government has agreed, that some Saudi figures have been supporting ISIS and funding ISIS, but the dodge has always been that it is some ‘rogue’ princes using their oil money to do whatever they like, but actually the government disapproves,” he added. “But that email says that it is the government of Saudi Arabia, and the government of Qatar that have been funding ISIS.”
See Video Interview with Julian Assange:
By Frank Holmes – Re-Blogged From http://www.Gold-Eagle.com
One of the highlights of last week’s MoneyShow in Dallas was listening to American economist Art Laffer, whose “Laffer curve” shows that the government can actually bring in more revenue if tax rates are kept low. Art’s theory was used as the basis for President Ronald Reagan’s free-trade, low-tax policies. Later, Art actually supported Bill Clinton because he was willing to streamline taxes and regulations.
The same cannot, I’m afraid, be said of his wife Hillary, who plans to raise taxes at nearly every level.
By Jay Guy – Re-Blogged From IPatriot
Social media reports of votes being automatically switched from Donald Trump to Hillary Clinton are flooding in this morning as early voting continues in 37 states.
Lisa Houlette, a resident of Amarillo, Texas, outed this latest attempt at Democratic collusion and corruption on Facebook and was shocked to see her vote for the Republican nominee change to the Democratic nominee.
“Gary and I went to early vote today,” said Lisa. “I voted a straight Republican ticket and as I scrolled to submit my ballot I noticed that the Republican straight ticket was highlighted, however, the Clinton/Kaine box was also highlighted!”
“I tried to go back and change and could not get it to work. I asked for help from one of the workers and she couldn’t get it to go back either. It took a second election person to get the machine to where I could correct the vote to a straight ticket,” she added.
By James Shale – Re-Blogged From http://ipatriot.com
In an attempt to silence the daily stream of email leaks from the Hillary Clinton campaign, a “state party” has severed Wikileaks founder Julian Assange’s internet connection and ability to continue revealing the inner workings of the Democratic nominee’s run for the Presidency. As reported both on Twitter by Wikileaks itself and in numerous news outlets, Wikileaks has responded by activating “contingency plans” although at present those plans don’t seem to include continuing the daily email leaks of the last two weeks.
Ironically, by targeting Assange, Obama and Hillary have unintentionally confirmed the authenticity of the Wikileaks revelations leaving no doubt that the content found in the nearly 12,000 emails leaked to-date is entirely accurate and threatening to the Hillary campaign. Why shut down the would-be freedom fighter if the emails were the works of “Russians” as repeated so often by the Clinton camp?
One reader reminded me of the terrific positive effect on the US Economy of the couple of hundred years of the US allowing immigrants into the country. He is absolutely right!
In recent articles, mostly re-blogs, US-Issues.com has called for a halt (or at least a slowing) of the importation by our government of so called refugees from Muslim countries, most publicized in the media from Syria.
President Obama has bragged about bringing in his 10,000th Syrian refugee (how many Muslims in all?), and federal judges have ruled that individual states cannot prevent settlement with their borders. President Obama even has imported foreign Muslim Imams to teach the refugees proper Sharia!
By Onan Coca – Re-Bloggd From http://www.Constitution.com
In 2004 President George W. Bush ran a hard-fought reelection campaign against a popular, if doofy, Democrat opponent John Kerry. For all of his faults, Kerry was far more well-liked and far less scandal plagued than today’s Democrat candidate. Bush was able to eke out a reelection victory mostly on the shoulders of his decisive reaction to the 9/11 tragedy.
In fact, the 2004 election made the phrase “security moms” famous, as the once known “soccer mom” had suddenly awakened to our dangerous new world where Islamic terrorism was the reality and her “mama bear” instincts had taken over. The “security mom” knew she had to do all she could to care for her loved ones, and that now meant using her vote to keep them safe.
The Stock Markets often predict the outcome of Presidential elections. If stocks are up – or even if they just are flat – the party which holds the White House tends to win the election. If stocks are down – especially if they’re down big time – the opposite party is favored to take the day.
The Dow Jones Industrial Average has been in the 18,000 area for the last two years, and as the US Economy has stagnated, the PE Ratio has gotten up to a near bubble level over 25. This has been achieved single handedly by the FED, which except for last December’s hike, hasn’t raised rates for 10 years, keeping them near zero for several of those years.
By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com
The Guardian is worried that if Donald Trump is elected as US President, he will reject demands for climate action which are supported by tyrants, war criminals and genocidal maniacs.
Kim Jong-un (North Korea) Bashar Al-Assad (Syria) Robert Mugabe (Zimbabwe)
Donald Trump would be world’s only national leader to reject climate science
Sierra Club report finds science of climate change accepted by leaders of every country recognized by US – including Bashar al-Assad and Kim Jong-un.
Donald Trump would be the only national leader in the world to dismiss the science of climate change should he become president, putting him out of step even with Syrian president Bashar al-Assad, Zimbabwe’s Robert Mugabe and Kim Jong-un, the leader of North Korea.
By Larry Kudlow – Re-Blogged From http://www.NewsMax.com
Famed investor Wilbur Ross recently told CNBC that “Trump represents a more radical new approach to government that the nation’s economy desperately needs.” He’s right.
Trump seeks an overthrow of the establishment. He’s a disrupter. Just what we need to fix the economy.
The situation is that desperate.
The last 15 years of economic policy, especially the last eight years, represent a relapse that harks back to the 1970s. Now like then, we have a high-tax, high-spend, high-regulation, Fed-pump-priming, standard-less dollar-manipulation policy mix. In general, it’s a government-planning approach in the U.S. and around the world.
By Deroy Murdock – Re-Blogged From National Review
By Doug Casey – Re-Blogged From International Man
It appears there are two candidates running from the left wing of the Demopublican Party (Hillary and Bernie), and two and a half from the right wing (Trump, Cruz, and Kasich). Note: The media identifies the Lefties by their first names, a friendly and personal thing, unlike the Righties.
I find it distasteful discussing current political figures. But since somebody new is going to be president come November, it makes sense to figure out who that might be, in order to insulate yourself as much as possible from the damage they’ll do.
Let me start by saying that this is not just the most entertaining election I’ve ever witnessed. But after the 1860 election, which Lincoln won with 40% of the popular vote (the remainder split between Stephen Douglas and two other candidates), I suspect it will also be the most divisive, hostile, and critical to the future of the country. Ever.
Why do I say that? Because the U.S. hasn’t been this unstable since the unpleasantness of 1861–1865.
By Patrick J Buchanan – Re-Blogged From http://www.LewRockwell.com
In a Hillary Clinton vs. Donald Trump race — which, the Beltway keening aside, seems the probable outcome of the primaries — what are the odds the GOP can take the White House, Congress, and the Supreme Court?
If Republicans can unite, not bad, not bad at all.
Undeniably, Democrats open with a strong hand.
There is that famed “blue wall,” those 18 states and D.C. with a combined 242 electoral votes, just 28 shy of victory, that have gone Democratic in every presidential election since 1988.
The wall contains all of New England save New Hampshire; the Acela corridor (New York, New Jersey, Pennsylvania, Delaware and Maryland); plus Michigan, Minnesota, Illinois and Wisconsin in the Middle West; and the Pacific coast of California, Oregon, Washington — and Hawaii.