At a certain point, we suppose Joe Biden took a look at the state of the 2016 race for The White House and thought: "why not me?"
In the end, Trump is what America had earned. Trump is what America deserved. Trump was our reckoning. And while his rise to power was born of our failings, it also forced us to find our strength. It’s amazing how adaptable we are as human beings, isn’t it? Trump saved us.
It is not enough to issue proclamations such as “it is time to get tough” or “It is time to make America great again”. These are the buzz words of a man that is reaching out to tap the rich vein of popular appeal. Perhaps that is what all politicians strive to do, especially when the field of candidates is rather crowded. However, what is clear is that a well-crafted economic strategy is not present, nor are staffers that would have the temerity to disagree with Mr T.
For reasons that will forever remain a mystery to us, mercantilism and protectionism actually hold enormous popular appeal. The best explanation we can come up with for this phenomenon is that the support for such policies is based on a mixture of economic ignorance and relentless propaganda by vested interests over the past, say, four centuries. Still, it is almost comical that people are so vociferously clamoring for policies that can actually cost them a fortune and will definitely lower their standard of living.
For a few days, Fox News didn't know how to handle Donald Trump's "blood" comments about one of the network's favorite anchors. Then someone woke up and realized that if you're Fox, being boycotted by the GOP frontrunner simply isn't tenable.
It’s very important to call out people like Trump for the man he is, so we don’t simply fawn and fall for a narcissist, strongman-type as a way to deal with our societal pain and frustration... "I was there at the first Tea Party in 2007 and I’ll be damned if I’m going to stand passively by and watch the movement destroyed by a fake conservative."
"Oops." On the heels of a lackluster performance in the "losers" bracket of the first GOP primary debate last week, Rick Perry has reportedly stopped paying staffers in what may be the beginning of the end for the former Texas governor's second run at The White House.
Normally, candidates that are not part of the “establishment” do not pose much of a threat. In order to win elections in this country, especially on a national level, you need name recognition and you need lots and lots of money. Donald Trump has both, and no matter what you may think of him you have to admit that he has star power. And he was never supposed to run for president. You see, the truth is that only members of “the club” are allowed to play. The elite very carefully groom their candidates, and they are usually able to maintain a very tight grip on both major political parties. This two-headed abomination that we call a “two party system” is in reality just a one party system.
- July job gains may favor September interest rate rise (Reuters)
- It's all about Trump at raucous Republican debate (Reuters)
- The 5 Most Important Takeaways From the First Debate of 2016 (BBG)
- Republican presidential candidate Carly Fiorina wins the Web (Reuters)
- Hedge Fund Losses From Commodity Slump Sparking Investor Exodus (BBG)
- Winners and losers from the first Republican presidential debate (WaPo)
- Bush turns in workmanlike debate performance, but will it be enough? (Reuters)
Six years ago, hardly anybody outside financial circles had any idea what Quantitative Easing was – hell, many within financial circles had no idea what QE entailed. The success of the narrative created around QE; that it is the mythical ‘free lunch’ that we all intuitively know can’t exist but secretly hope does, has played perfectly to the public and now, having endured for two electoral cycles, the next wave of politicians also believe it will have no consequences and are actually using it when planning the message they feel will endear them to the electorate. What plays better than free money?
Having a security clearance comes with a certain amount of responsibility and those who are privy to potentially sensitive information are expected to exercise good judgement. In other words, whether or not the information carried a giant red "top secret" stamp isn’t the relevant question, nor is "no harm no foul" a legitimate after the fact defense. And that, apparently, is the difference between a Clinton and say a Manning or a Snowden - that is, holding Hillary (or any other member of what Jimmy Carter would call America’s "political oligarchy") to the same standards as everyone else turns out to be an uphill battle.
— Donald J. Trump (@realDonaldTrump) July 28, 2015
The American political class has failed the country, and should be fired. That is the clearest message from the summer surge of Bernie Sanders and the remarkable rise of Donald Trump. But can Trump win?
- Chinese shares tumble 8.5 percent in biggest one-day drop since 2007 (Reuters)
- Japan’s Economy Shrank Last Quarter, Top Forecaster Says (BBG)
- Creditor teams in Athens to work on third bailout (AFP)
- Tsipras’s Paradox Is Six Months of Pain and Enduring Popularity (BBG)
- Goldman-Backed Instant Messaging Company Seeks New Investment (WSJ)
- Best Buy will sell the Apple Watch on August 7th (Engadget) - when is it coming to Dollar General?
- Senate votes to revive Ex-Im (Hill)
- U.S.-Turkey Deal Paves Way to Set Up Buffer Zone in Northern Syria (WSJ)
Despite all her proclamations of new fairness doctrines, false promises of her truthfulness, and exclamations of 'everyday Americanism' Hillary Rodham Clinton is seeing her favorability ratings collapse. As populist as she dares to be, in the face of her donating captors, it appears the everyday American just isn't buying it as Gallup reports just 43% Americans view her favorably (down from 66% just a few years ago) while none other than Bernie Sanders is bounding up the popularity ladder, rising from 12% to 24% favorability in recent weeks.