Trump's Neocon Folly: Goodbye Nuke Deal, Hello Global Debt Crisis

Authored by Tom Luongo,

At least it is confirmed for us.  Donald Trump wants regime change in Iran.  His cancellation of the JCPOA was a decision born his myopia.  He has surrounded himself with people who reinforce his view and manipulate him via his vanity.

And the price of implementing his current plan will be a global debt crisis which no one will escape.  The problem will be very few will see the links.

He wants to remake America and the world in his image while undoing anything President Obama touched.  Most of this I’m wholly on board with.  Obama was a vandal.  So, however, were Bush the Lesser and Bill Clinton.

We’re All Neocons Now

We have a leaked (yeah, right) memo explaining this is the plan.  But, we didn’t need this if we were being honest with ourselves.  Nothing Trump has done since he’s been in office has been contra to this goal; overthrowing the theocracy in Iran.

In fact, it has been a step-wise move in this direction with each decision he’s made.  Commentators I respect and have learned at the knee of still want to give Trump the benefit of the doubt.  Not me.

It’s right there in plain text.

Trump has capitalized on the insane Deep State opposition to his presidency to politicize this goal and get his base to ab-react for regime change, when he explicitly said that was off the table at his inauguration.

If the Democrats and Merkel want to stay in the deal, then the deal must be bad.  Obama Bad, Trump Good.  Trump is Orange Jesus.  He knows stuff, man.

What was a worry about Israeli influence in his administration in 2017 has now morphed into a call to duty to create chaos in Iran to assuage the American ego by saving the Iranian people from themselves.

You have to hand it to these folks, they understand how to run a successful mass psy-op.  Beware the Master Persuader, as Scott Adams would put it, his skills can be put to any use.

These men and their Deep State handlers/billionaire donors have had a strategic goal for decades, remake the Middle East for Israel and the Oil Complex, bottle up Russia and China.

Donald Trump’s patriotism is revealed to be jingoism.  But, he made this clear in his speech to the U.N. last year.  At some point you have to put away childish things and face the world we’ve got.

And that world is one of extreme uncertainty.

Back to the Future

As I said the other day, Trump wants to reset the clock back to 2012.  Bottle up Iran, cut its ties to the world.  Remove 1 million barrels of oil per day from the markets (for his Saudi weapons customers “Look!  Yuge JOBS!”). And bully our allies into getting the plan to atomize Syria back on track.

But, it’s not 2012.  It’s 2018 and everything is different.  Iran has friends it didn’t have then.  Yes, there is local unrest and unhappiness which could grow.  The rial is falling like a rock, people in Iran can’t get dollars.  Not solely because Trump has cut them off from the dollar but because Iran has.

It anticipated this move by him and the chaos of today turns into the de-dollarization of tomorrow.  These people still think destroying a national currency is the path to political change. It’s a dangerous gambit that doesn’t always work.

It didn’t work with Russia in 2014/5.  It’s not working in Venezuela today. And if those countries have friends, China for Russia in 2015, Russia and others for Venezuela today, then the longer the regime stays in power once the worst of the crisis hits, the lower the probability regime change becomes.

I told everyone last year the Saudi gambit to isolate Qatar wouldn’t work.  If they didn’t get regime change in Doha within two weeks, then the government would survive.  It has and now it is free to pursue whatever it wants, having finally bought a 19% stake in Russian state oil giant Rosneft.

Trump has been signaling this moment for almost two years.  Do you think Russia, Iran and China have not been game-planning this?  When the attack on the ruble began in 2014, Putin did the unthinkable.  In doing so revealed his central bank’s disloyalty.

By demanding to free-float the ruble, under objection from his economic advisor Alexander Kudrin and central bank President Elvira Nabullina, Putin stabilized the situation quickly.  Then he ordered the Bank of Russia to assist payment of more than $50 billion in Russian corporate debt denominated in dollars from central bank reserves.

China opened up ruble/yuan swap lines to help funnel dollars into Russia.  The Bank of Russia had to abandon IMF-style austerity and serve Russian interests first rather than continue playing into the hands of U.S. hybrid war tactics.

Iran has these people as its friends now.  They are committed to its survival.  They may not be committed to the IRGC staying in Syria post-ISIS/Al-Qaeda, but they are committed to an Iran aligned with them for the road ahead.  And that Road has a Belt attached to it.

Because they know that if they lead the opposition to U.S. aggression, then they will gain allies over time.  In acting this way Trump is revealing the U.S. to be the repressive, messianic global oligarch of the world order it claims the Iranian Islamic Republic to be over its citizens.

Everyone will get in line behind the Orange Emperor or suffer his wrath.  Why?  Because Bibi Netanyahu can’t sleep at night?  Get that psychopath a plushie and leave a night light on for pity’s sake.

It also has an EU wanting to establish itself as a separate power from the U.S.  Angela Merkel and French Poodle Emmanuel Macron both want an independent EU foreign policy and a Grand Army of the EU to put down any internal rebellions.

China can and will assist Iran in overcoming the sanctions.  So will Turkey, who did so in 2012. Will it be enough save the Islamic Republic?  Possibly.  If that happens will the U.S. get what it wants?

Most probably not.  National Security Advisor and Certified Crazy Person John Bolton wants to put the Saudi-backed MEK (Mujahedeen-e-Khalq), a cult-like Sunni group with zero support in Iran.  You’ll hear in the coming days about how great these guys are.

Just like U.S. NGO-backed Russian agitator Alexei Navalny is promoted in the Western press even though he can’t get 2,000 people to march in Moscow on the day of Putin’s inarguration.

Sanctions Cut Both Ways

Russia, ultimately, has the sanctions hammer in its control of the uranium market.  It’s also a major supplier of both titanium and aluminum.  The U.S. has never considered sanctioning the first two and it’s plan to sanction Rusal has been close to a disaster.

Trump believes in the primacy of the U.S. threat both militarily and financially so much that he’s willing to project it everywhere and at everyone to get what he wants in Iran.  We thought he reluctantly signed those new sanctions last summer.  Nonsense.

If so, he wouldn’t be using those new powers in ways that are the height of hubris.  Explicit in his threats to Iran and his demands that are, as Alexander Mercouris put it at The Duran yesterday, “so extreme that no sovereign state could ever accept them and retain its independence.”

So, let’s again put away childish things and think that Trump will not take this to whatever point he thinks is necessary to get his desired outcome.

But, in doing this he will upset world financial markets already fragile from a decade of QE and an explosion of cheap dollar-denominated debt.  The Fed is raising interest rates. Bond traders are resisting raising rates at the long-end of the U.S. Treasury yield curve, causing it to flatten dangerously.

Trump wants a continued weaker dollar but geopolitical uncertainty creates dollar demand because so much of the world’s debt and trade is based in it.  For over a year Foreign Central Banks have been parking U.S. Treasury purchases with the Fed as the dollar weakened.

Now that trend has firmly changed.

The Dollar Debt Bomb

Moreover, the ECB is trapped at the negative-bound.  Mario Draghi keeps telling everyone he has no Plan B.  He will keep being the marginal (or only) buyer of EU sovereign debt until the market finally pukes all over him.

If Trump is serious about putting sanctions on any foreign entity that does any business with Iran then that will set off chain reactions around the globe.  It’s why I’m not sanguine about EU leadership standing up to Trump in the long run.

But it’s a real opportunity for Merkel et. al. to establish a new pole in the proposed multi-polar world advocated by Putin and Chinese Premier Xi Jinping.

The worry now is a technical breakout of the U.S. 10 year above 3.05%.  U.S./EU credit spreads   With the dollar strengthening low loan servicing costs become big quick.  Anyone who has/had an adjustable rate mortgage understands this viscerally.

With China no long buying U.S. debt, it is free to funnel dollars to Iran through proxies and its own oil trade to keep things from escalating.  That lack of recycling of its trade surplus is part of what kept the dollar weaker longer.  Now that the dollar is rising, we can safely say that that effect has been over-run.

China can and will put pressure on the Saudis by buying more Iranian oil.  Expect Iran now to cut it’s monthly tender price to undercut Saudi Arabia on a forward basis.  In 2012 U.S. sanctions made it difficult for shippers to insure oil shipments and that was part of the reason they were initially so successful.

With the Fed tightening, reserves of the U.S. banking system are falling thanks to excess reserves being mobilized. The U.S. budget will strain from rising debt servicing costs, now above 8.6% of total outlay, compared to less than 8% this time last year.  Again this puts upward pressure on the dollar as foreign markets are starved of dollars.

Next, Trump wants more balanced trade with China and Europe and he’s willing to guy global trade to do it.  But that also means a stronger dollar in the long run as debt still needs to be serviced while trade is falling.

Again, fewer exported dollars while the budget deficit grows.  Emerging Markets are already suffering horrendous capital outflows.  Just wait until things actually get bad.

Eurodollar markets have been drained of their liquidity in recent months as U.S. corporates repatriate funds and, like Apple, buy back their stock.

All of this points to reaping a whirlwind of dollar strength, not weakness, which to me, looks like the spark of the global debt crisis the Fed delayed for over a year by not raising interest rates sooner.  It bowed to IMF pressure in 2014/15 to delay raising rates.

And the world is not prepared for the dollar spiking 20 or 30% over the next year.  It is not prepared for a shift in risk assets stocks to bonds.  A spiking dollar will create a perfect storm of debt defaults that will unleash chaos which will topple governments (and not Iran’s).

Trump will not react well to this, claiming, like all U.S. Presidents that China is manipulating its currency down to harm us.  That’s utter nonsense.  As I’ve laid out, Trump is creating the very whirlwind he’s trying to avoid.

It’s why the DOW is holding above 24,000.  And why the euro is about to collapse.

Survival is Winning

So, here we are.  This is why I keep saying China, Russia and Iran’s best moves politically are to do nothing overt.  Iran was not the aggressor the other day.  That’s another of Bibi’s blatant lies.

Russia looks weak by not responding to Israel’s spastic flailing the other day, but it knows that time is on its side.  The SAA/IRGC and Russian forces continue to destroy pocket after pocket of resistance in Syria.

Putin will continue to hold his water, waiting for the opportune moment to reverse his opponent.  Russia’s limit has not been reached in Syria yet.  Putin always does this.  It drives his critics and his supporters crazy.

It’s geopolitical judo and he’s the master at it.  And when that reversal comes and Israel has been thrown flat on its back, Trump’s only move will be to settle.  Why speculate on what he’ll do.  Just watch and wait it out.  The signs are all there.

When that happens John Bolton will retreat farther into madness, hopefully he’ll throw himself off a building and put us all out of his misery.  Let’s hope someone’s iPhone captures it for posterity’s sake.

After a brief spasm in the financial markets thanks to Trump’s insane aluminum tariffs, Russian equities and the ruble are rallying.

In fact the MICEX Index just put in its all-time highest weekly closing price.  Its sovereign debt markets are stable and the yield curve is widening.  Capital is flowing into Russia despite horrific U.S. sanctions.

This is the model for Iran’s resistance.

Russia is winning the financial war of attrition and the stronger it gets the more it can support Iran in the long run alongside China.

This is the limit of Trump’s unwillingness to update his worldview from 2003.  He’s held this view of Iran his entire life and surrounded himself with the ‘experts’ to take Iran out.  Even if the Mullahs fall, the backlash from the process whatever form it takes will set the global debt markets aflame, a bonfire of Trump’s vanity.

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chubbar gmrpeabody Sat, 05/12/2018 - 21:12 Permalink

News flash, the fucking country was 21 Trillion in debt before Trump ever showed up. WTF is it with these asshats who are intent on blaming Trump for every fucking problem coming down the pike. The fucking Debt Bomb is going to go off regardless of what Trump does or doesn't do. Obama drove the bus off the cliff and then Trump won a turn at driving, it was never going to end well. At a minimum, at least let him try to unfuck the problems Obama and the rest of those asshats left him.

In reply to by gmrpeabody

DownWithYogaPants revolla Sat, 05/12/2018 - 22:31 Permalink

Putin will continue to hold his water, waiting for the opportune moment to reverse his opponent.  Russia’s limit has not been reached in Syria yet.  Putin always does this.  It drives his critics and his supporters crazy.It’s geopolitical judo and he’s the master at it.  And when that reversal comes and Israel has been thrown flat on its back, Trump’s only move will be to settle.  Why speculate on what he’ll do.  Just watch and wait it out.  The signs are all there.

Let me see.  If I was president and surrounded by Deep State that thwarted me at every turn what would I do?  Seems like what Goofus just described would be a good way of making the result I want happen.  


All clues point to tremendous pressure and momentum in this drive to war with Iran. If I have learned one thing since all this Trump kerfuffle has occurred it is that the president is mostly a figure head since Dealey Plaza or before.  Maybe the presidents that were assassinated by the City of London Bankers were just braver sorts.  Certainly Lincoln and Jackson knew their influence.

...........So either wit or unwittingly Trump is going to make it happen!   My point exactly. Thank you Mr Schluongo.

Now Mr DouchBag Luongo you know why I voted for Trump.  I'd vote for Putin too if if they would accept my absentee ballot.  I'll have to get in touch with a Russian democrat to get that arranged.  You think I voted for the man.  I did not. So be a little less condescending.   I voted for the wrench in the gears.  

It's going to be a let down/boring if we ever get a normal president again. I'm wondering where my next wrench will come from like a crackhead wonders where his next $5 pipe hit will come from.  Additional funny point: When I used to watch GET SMART on t.v. I always imagined myself with the agents of C.O.N.T.R.O.L.   It's an entertaining life twist to arrive at the point I am now an agent of C.H.A.O.S.

Debt indeed is a state of mind. And a really shitty one at that.

In reply to by revolla

rtb61 DownWithYogaPants Sun, 05/13/2018 - 03:44 Permalink

The louder the noise the lessor the action. Israel has huge problems with corruption and is just using conflict confabulation with Iran to keep the corruption investigators at bay. The US is just playing it's last geopolitical shenanigans card prior to being pushed out of the middle east whilst trying to stay there.

Russia and China would both supply Iran in the event of a conflict with the best weapons they were willing to risk and the US is fully aware of it and know there is nothing they can do to stop supplies from Russia getting to Iran via the Black sea without declaring war on Russia and China.

It all seems more like, much ado about nothing, trying to keep the hold middle east control thing going, whilst failing miserably and with no real point.

The only benefit seems to be the Iran government becoming much better at public diplomatic discussion and no longer falling into the Israeli trap of using conflict based language to avoid conflict, just makes you look bad and the other guy not so bad and provides zero benefit beyond the ego of those making threats. Far better to allow the war mongers to look like war mongers, as they make threats about attacking, whilst you publicly decry the hostilities in the best diplomatic language whilst carefully managing your defences.

In reply to by DownWithYogaPants

Richard640 ikemike Sun, 05/13/2018 - 07:23 Permalink







Putin invites Netanyahu to Victory March on anniversary of Nazi German defeat 

President Vladimir Putin has invited Prime Minister Binyamin Netanyahu as his guest of honor at the Victory Day march Wednesday, on the anniversary of Nazi Germany's defeat. They will sit down for talks at the Kremlin later. Military sources note that this annual event traditionally parades the Russian army's prowess. Putin's invitation to Netanyahu is of pivotal significance in a hectic period. They meet three days before the May 12 deadline for President Donald Trump to re-certify or back out of the 2015 nuclear deal with Iran and five days before the May 14 dedication of the newly-relocated US embassy in Jerusalem.

Don't bet the ranch on that hypothesis. The government that is on life support is housed in Tehran. You don;t see much from that country because foreign journalists are not allowed outside of Tehran, but the facts are that the country is one straw away from its fourth revolution in the last hundred years. There are public protests against the government in all major Iranian cities, the oil workers are on a nationwide strike, the people are upset about an economy in shambles, and the new sanctions are going to put even more heat on the towelheads in charge. The military will not stand for much more, and as they have done in the past will side with the Iranian people before taking orders to kill from a bunch of old theocratic lunatics in their 70s and 80s. 

Furthermore, there will be a Russian Jew in charge of Israel at some point during the next 25 years, and the young new King in Riyadh apparently seems more willing to work with Israel than to fight them. The Russian government wants to be part of the ruling equation in the Middle East so as to have a say in what price their oil sells for, and the nationalism that always has been a part of Russian politics will be hard pressed not to ally with a Russian leading Israel. 

So the more likely scenario going forward is a revolution that replaces theocracy in Iran with democracy, and a Middle East ruled by the triumvirate of the Saudis, the Israelis and the Russians. Its a time of great change in that region, and the old calculus is about to change in surprising ways. The Americans finally will have a way to extricate themselves from that hornet's nest, no longer being bound to defend the region's only democracy. Whoever opposes the coming changes will be rolled over, because they won;t have the money or the weaponry to oppose the new ruling class. 

That's how I see it, and it explains why Russia is sitting back and letting Iran and Syria fight their own battles now in Syria. The world is going to look a lot different in 25 years, you'll even be buying goods that have stickers that say "Made in North Korea". 


Russia’s Unspoken Relationship with Israel  President Putin on Israel: Relevant Quotes from the Kremlin Website


Alt-Media totally misunderstands – and oftentimes deliberately misportays – President Putin’s relationship with Israel, which a reading of the official Kremlin website’s most relevant links indicates is a lot better than most people may think.

Alt-Media dogma indoctrinates its followers with the notion that it’s impossible for Russia and Israel to be on friendly terms with one another, let alone allies, because President Putin is supposedly on an “anti-Zionist crusade” to “save the world”, which isn’t true whatsoever. Many websites have popped up and fed into this delusional “wishful thinking” with outlandish headlines and false narratives in order to reap revenue from increased web traffic and the donations that they hope to solicit as a result.

When confronted with the facts, many people who have been exposed to Alt-Media dogma for too long of a time react with verbal violence as they writhe in the throes of cognitive dissonance, unable to countenance that everything that they thought they knew (or rather, were brainwashed to believe) was a lie. For the bulk of them, their binary thinking has made it impossible to accept that any person or country that “legitimizes” Israel can ever be praised for anything else that they may ever do, meaning that these folks consider it unacceptable to sympathize with anything that President Putin and Russia do anywhere else in the world for the simple fact that both of them are on exceptionally friendly terms with Alt-Media’s supposedly biggest foe.

It’s every person’s prerogative to adhere to whatever belief complex they want, but the facts are the facts, and disregarding them for the sake of “political convenience” or because they’re “ideologically inconsistent” with one’s larger views or the causes that they hold most dear leads to the creation of echo chambers, groupthink, and ultimately an Alt-Reality that’s completely divorced from real life. It’s in the interests of “popping this bubble” and setting the record straight about President Putin’s real relationship with Israel that the author set about documenting his official statements on the topic.

It should be cautioned that the below list of quotes from the Kremlin website isn’t comprehensive and purposely focuses on the most praiseworthy comments that the Russian leader has made. The Alt-Media Community is already well aware that Russian representatives support a so-called “two-state solution” and the independent Palestine that comes with it, having condemned Israel for violating UN Resolutions prohibiting the construction of settlements, so there’s no need to redundantly go over these remarks, especially when it wasn’t President Putin saying them. Instead, what follows is a collection of comments that will irrefutably debunk the Alt-Media dogma that President Putin is on an “anti-Zionist crusade” and hopefully broaden the reader’s understanding of the complex “balancing” strategy that Russia envisions itself playing in the world.

The rest of the article is structured according to the three main topics of strategy, terrorism/military affairs, and overall friendship that President Putin spoke on in regards to Israel, with each one including a one-sentence summary before every pertinent quote. The President’s words are then followed by the hyperlinked name of the occasion that the Kremlin website quoted him speaking at and the date that the comment was made so that interested readers can verify each individual reference. That being said and without further ado, here’s what President Putin really thinks about Israel in his own words, which is sure to surprise a lot of people:


Russia Will Balance Between Israel And The Arab Countries:

“And we understand that all the positive experience accumulated over the years in the relations between Russia and the Arab countries and what has recently emerged between Russia and Israel, all that positive experience can be used to resolve this complicated situation. We are ready to put it at the disposal of the negotiating parties.” – Interview with the German Magazine Focus, 19 September, 2001

Russia’s Approach To The Mideast Is “Cardinally Different From The Attitude Of The Former Soviet Union”, And “Those Times Are Long Gone”:

“First, the attitude of Russia to the problems of the Middle East is cardinally different from the attitude of the former Soviet Union. As you know, in former times the Soviet Union restricted foreign travel. In general, a totalitarian regime tends to isolate itself, and those times are long gone.” – Interview with the American Broadcasting Company ABC, 7 November, 2001

President Putin Will Do Everything In His Power To “Win The Confidence Of [The Israeli] People”, Which Means That “They Must Come To See That Russia Takes An Even-Handed Position And Pursues A Policy Aimed At Settling The Conflict And Ensuring…The Interests Of Israel”:

“Our attitude to émigrés from the Soviet Union has changed dramatically. In the Soviet Union all these people were seen as almost enemies of their country, as defectors, traitors and so on. There is nothing like that today. I think there is a good and positive potential for the development of inter-state relations. And we of course must use it. But for that potential to be tapped it is necessary to win the confidence of these people. They must see that Russia takes an even-handed position and pursues a policy aimed at settling the conflict and ensuring the interests of all the people who live in that region, including the interests of Israel.” – Excerpts from a Talk with German and Russian Media, 7 April, 2002

The Concept Of “Broader Europe” Must Include Israel:

“I think a lot of time will be required for all the European countries to realise and become conscious of the need for a “broader Europe”, which would include your country as a key partner. If we really want to be influential players in international relations, if we want to play a role in the world’s future, ensuring its prosperity and security we must understand that the united Europe that includes Russia with its 150 million citizens, will contribute to our economic growth and will strengthen our military potential. We should also think about the Balkan countries and other candidate countries, for example, Turkey. I think that the European future must also include Israel. This is the path on which we have embarked. I have confidence in this path.” – Transcript of a Plenary Session of the Russia-European Union Summit, 31 May, 2003 (of note, free trade talks between the Eurasian Economic Union And Israel have recently resumed)

In reply to by ikemike

rejected chubbar Sat, 05/12/2018 - 22:07 Permalink

Did you even 'read' the article. He is criticizing Trump for what Trump is presently doing. The debt bomb was already set to go off by the previous White House renters, and Trump will be the bombs cap. 

Maybe you could enlighten us and explain how his present actions--- massive weapons sales to SA,,, threatening war with NK,,, sending missiles into Syria just because,,, pulling out of the nuke agreement with Iran for no just reason,,, providing Nazi's in Ukraine with offensive weapons --- can possibly " unfuck the problems Obama and the rest of those asshats left him".

Maybe you can explain how all this will put Americans back to work and make America great again. 

In reply to by chubbar

DownWithYogaPants rejected Sat, 05/12/2018 - 22:32 Permalink

Uh North Korea no.  So far it is peace at the NeoCon's expense. 

Regarding debt bomb?  -- That is going to go off. Our criminals in the banking system are not going to just leave money lying on the table.  That is way too much to expect of our ruling sociopaths.

You say "but but but it will bring the end of the economic world" 

And I say "Exactly" 

Another chance to pick up assets on the cheap.

Missiles to Syria have been largely No-Ops so far. Kibbutzed to hurt no one.  Thank god for small wins.

Dave of X22 keeps pounding the idea that the plan is to bring the system down. Well ok they might not be that good but it sure looks like it from the outside in spite.  We've been a fascist state since Dealey or before.  How exactly does a president go about doing anything? The only choices are to do things powerful factions want done.

Oh yeah buckle up. None of this is going to be pretty. It's going to fucking suck.  But it will get the sheeples eyes off the SuperBowel.

In reply to by rejected

MoreFreedom rejected Sun, 05/13/2018 - 09:44 Permalink

There is no connection between the debt bomb, and Trump's backing out of the lousy deal Obama made for Iran and Putin (some of Obama's promised flexibility and appeasement for Russia since Iran is their close ally).  A promise Trump made to voters.  As to why Trump is working with the military and the military industrial complex: they are the only friends he has in DC.  It was Obama/Hillary who suddenly called Russia hackers and our enemy, but only after Hillary lost.  Imagine Obama/Hillary just shut up and accepted the outcome of an election; we'd likely be on good terms with Russia though Trump's smart enough to not give them anything or let them get away with anything like Obama/Clinton did.

You ask how weapons sales to SA, bombing Syria, and threatening war with NK, selling weapons to Ukraine deal with the problems Obama left.  Certainly those sales put money in the pockets of US employees of the MIC. And his dealings with NK look quite remarkable in leading towards peace with NK.  

Trump can't do much here, because Congress wants a lot of spending, including the RINOs that dominate the GOP ranks. 

In reply to by rejected

fx chubbar Sun, 05/13/2018 - 06:41 Permalink

chubbar, nobody blames trump for what he inherited from GWN and Obozo. But all the more for what he does now with that!


Remember all the Trumptard's rants about the deficit and debt and such? Well, first thing he does is to increase the already insanely bloated defense spending by another 60 bn $ a year! What about 60 bn more for eductaion, health care revamp, inner cities, the veterans, the poor, the decaying infrastructure? No, military and weapons spending increase was it TOP priotity.

Then he didi a tax reform at the height of the economic cycle. The most braindead timing of the reform imaginable. And gee, it will make the federal deficit balloon by another 10 TN(!) $ over the next 10 years. Pure genius! When the trumptard leaves office, the US is on track to double its debt load again until 2030. So much for "reigning in the deficit". All talk, no action! Remember hat favorite line of the trumptard?

When will you guys ever understand that money borrowed from future generations is money that will not be available to them, UNLESS it is spent today to create sustainable future income streams. Which neither tax rebates and certainly not arms purchases are ever going to do in any meaningfull manner.

Quit absolving the trumptard for all his follies and nonsense by always pointing to Obozo. Obozo was bad, but Trump ain't no better. Just a different kind of moron and deep sh!t tool than Obozo. A different shade of grey swamp, but swamp nonetheless.



In reply to by chubbar

The Ram chubbar Sun, 05/13/2018 - 09:00 Permalink

Trump was given a chance to unfuck it, but he is blowing the opportunity by involvement in Syria and plodding into a war against Iran.  He has fallen into a neocon trap and if he fully takes the bate, he will lose in 2020 unless the dems run Hillary or some other hasbeen (always a likely possibility).  I agree that Trump has a bad hand to play, but he can make the hand much stronger by staying out of stupid conflicts.  As CIC, he can definitely influence the movement of US forces.  He will do immeasurably better if he does nothing but avoids a shooting war.  By appointing Bolton and Pompeo, he has moved in exactly the wrong direction!

In reply to by chubbar

Snaffew chubbar Sun, 05/13/2018 - 10:10 Permalink

when are you going to realize that it doesn't matter which party is in "power"....they are nothing more than middle management and the deep state controls all.  No president will knock down the debt---the media will consistently spin things in a positive light for the economy until a collapse happens.  The US taxpayer is always the last to realize the true nature of things and they always act like a deer in the headlights when it happens.  Us citizens have been sheep since the inception of the country and they always act incredulous when the shit hits the fan.  you gotta blame somebody...blame Clinton, blame Obama, blame trump---they are all scapegoats and nothing more than figureheads---they are powerless microphones for MIIC.

In reply to by chubbar

Jack Oliver Apathetic or W… Sat, 05/12/2018 - 21:25 Permalink

Doesn’t matter what he calls Trump - This article is spot on !! 

The only thing the author didn’t mention was the the fact that Iran doesn’t want the FUCKING oil and will get rid of it at any price - which of course spells disaster for KSA oil !! 

Iran knows that having oil is a FUCKING burden ( they have said so themselves) ! 

NG is the future and Russia has been building pipelines for well over 20 years ! 

Iran has the ‘pars’ gas field and has developed FREE plasma energy !

US could have been part of the NEW world - but they are too FUCKING arrogant and have zero regard for humanity !! 

The WEST has been played - their economy nor the petrodollar have a FUTURE ! 

In reply to by Apathetic or W…

DownWithYogaPants Mustafa Kemal Sat, 05/12/2018 - 22:51 Permalink

No no no no no. I avoid public events like the plague.  My engineer's disposition hates the overly fake social inputs and worst of all the blaring noise. 

All that said:  If you can get me tickets to Bolton jumping off a building I am so there even if the tickets are 1000 bucks a pop.  Souvenir mustache / glasses for all?

( Hint to government: You might be able to pay off the national debt with that event.  Maybe include a few other NeoCons / ZioCons.  McCain would be a great warm up act.   When they ask "What's this" we respond "oh that's just a jumping off point for the invasion of Iraq")

In reply to by Mustafa Kemal

astitchintime Apathetic or W… Sat, 05/12/2018 - 23:02 Permalink

Orange Jesus?  That’s the best you can do as an author?  

I know, right?  I stopped reading right there.

All of this divisive language has to stop; if you have a valid point to make you should be able to make it without insults, ridicule and patronization. 

I voted for Donald Trump.  Not because I thought he was the best candidate; because ANYONE other than Hillary Rodham Clinton ... whom apparently thought she was GUARANTEED the position! 

If you continue to accept the status-quo you will never be able to affect change.  Small steps, do what you can when you can.  Have faith and believe in the plan as revealed to you ... we don't have access (never have, never will) to all the levers.

Full Disclosure:  The last election before this one that I actually voted for a candidate I believed in ... 1992, Ross Perot.

In reply to by Apathetic or W…

DownWithYogaPants TRM Sat, 05/12/2018 - 23:02 Permalink

Hint: They're desperate Private Central Banking Cartel vampires that have not drank blood recently.  The only virgins left appear to be Cuba, Iran, North Korea.

So it may well end soon. And printing always contributes to a nation's demise. Always.  Except for the arbitrary first batch of notes.

In reply to by TRM

fx Disgruntled Goat Sun, 05/13/2018 - 06:49 Permalink

I am sure you have never met an Iranian. Most of them are very decent, friendly people.

Unlike the Saudi wahabi head choppers, who happened to finance ISIS, are the biggest sponsor of terrorisn, by far, who were behind 9/11 along witheir zionist friends and who are America's most important ally down there, no matter what.

yeah, "death to islam" - the USA deep shit and neocons are very good and close friends of the most evil Islamist regimes out there. And their planned "regime change" in teheran would bring to power a sectarian, cruel islamist splinter group that would make the Ayatollahs look like civil rights advocates.


a goat you seem to be indeed. meh.

In reply to by Disgruntled Goat

tmosley Smerf Sat, 05/12/2018 - 22:03 Permalink

In the real 2018, the entire world is entering a golden age of peace.

But there is a large group of clownz all sharing the same persecution complex that stand in the way.

Luckily, they are weak losers who have no staying power. They are not real obstacles to real, lasting peace.

In reply to by Smerf