White House

Trumpomania & Trumpopanic

The country’s social mood is apparently ripe and it finally seems actually possible for a perceived outsider to win by challenging the established order. Our main regret is that it wasn’t yet ripe at the time Ron Paul tried his hand at winning the nomination. Everything Trump is saying and doing should probably be seen in the context of his strategy. It’s quite Machiavellian actually. The alleged lack of discernible policy stances, the occasional contradictions and often hair-raising statements are all in pursuit of the same goal: to win the nomination. Other than that, we mainly enjoy the growing discomfort of assorted cronies and professional politicians.

Just Shut Up & Vote: The Futility Of Representative Government In An Age Of Robber Barons

“We the people” have been utterly and completely betrayed. The politicians “we the people” most trusted to look out for our best interests, protect our rights, and ensure that the nation does not slip into tyranny have cheated on us, lied to us, swindled us, deceived us, double-crossed us, and sold us to the highest bidder. Incredibly, even in the face of their treachery and lies, the great majority of Americans persist in believing that the politicians have the people’s best interests at heart.

Frontrunning: March 7

  • Trump or Cruz? Republicans face tough choices as primary race churns forward (Reuters)
  • The Week the Republican Party Melted Down (BBG)
  • Rust Belt Could Be Donald Trump’s Best Route to White House (WSJ)
  • China’s Leaders Put the Economy on Bubble Watch (WSJ)
  • Top Chinese Official Rebutts Soros Prediction for Hard Landing (BBG)

Guest Post: What Trumpism Means For Democracy

Whether or not Donald Trump ultimately succeeds in winning the White House, historians are likely to rank him as the most consequential presidential candidate of at least the past half-century.

An Establishment In Panic

If Republican leaders wish to be regarded as moral, every one of them must renounce Trump, even if it means destroying their party, exclaims The Washington Post. That the Beltway elites, whose voice is the Post, hate and fear Trump is not only undeniable, it is understandable. Come the ides of March, the GOP is going to be in need of its uniters and its statesmen. But today, all Republicans should ask themselves: Are these folks coming out in droves to vote Republican really the bigoted, hateful and authoritarian people of the Post’s depiction?

 

President Obama Takes Economic Victory Lap (After Biggest Wage Drop On Record)

Following the smoke-and-mirrors, best-and-worst jobs data today, it seems President Obama is ready to take his victory lap (and likely gloat a little about The GOP debacle) in what appears to be a recorded press event (no live feed). As he expounds on the 'greatest jobs recovery' in modern history (with the biggest drop in wages on record), perhaps the following nine charts will provide a little more color as just what "change" really meant...

Mitt Romney Is The Real Super-Fraud: Here's The Proof, Chapter And Verse

"...the GOP establishment’s putative “jobs” candidate from 2012 was never really a businessman at all. Willard M. Romney is no expert on shiny things on a hill. The country would be far better served if he would get his dimming light back under a bushel where it belongs."

Frontrunning: March 4

  • Rivals rip Trump but promise support if he is the nominee (Reuters)
  • Employment gains seen accelerating in February (Reuters)
  • Brazil's Lula Targeted in Police Raid Into Corruption Scandal (BBG)
  • Economist: For The ECB, It's No Longer About Oil (BBG)
  • China's premier says economy faces greater difficulties in 2016 (Reuters)
  • Copper Stockpiles in China Surge to Record as Metal Flows East (BBG)

Donald Trump Responds To Romney's 'Roundhouse' - Live Feed

Following the unprecedented Romney roundhouse kick to Trump's character, The Donald is about to rebuff "the loser." As John McCain backs Romney's rant, it appears yesterday's Koch Borthers, Icahn, Murdoch mega-donor call for a truce has been broken as Trump prepares to return fire against "failed candidate Romney" and his establishment cronies.

Watch Mitt Romney Accuse Donald Trump Of Being "A Phony And A Fraud" - Live Webcast

In a few moments Mitt Romney will unleash fire and brimstone on the frontrunning republican candidate, accusing Donald Trump of being "a phony and a fraud", in the clearest indication yet of just how panicked the establishment is. Watch the speech live below, while keeping an eye on Trump's own twitter comments annotating Romney's speech with what is certain to be very colorful language.

How Wall Street Is Preparing For "President Trump"

While the market has had its share of bogeymen to worry about so far in 2016, mostly along the lines of the "Four Cs", namely China, Crude, Credit and Currencies, it has so far largely ignored one letter: the Big D, for Donald, as in how would a Trump presidency affect the market. And, as Reuters writes, it is time for Wall Street to add "the juggernaut that is Donald J. Trump to the list of what-ifs that is worrying Wall Street."