Okay – reality has set in and I have run out of popcorn.
What a brilliant distraction Trump turned out to be – it was great – a purple shit-storm – of immense proportions and it is continuing – yes to name a few ‘storms’ from the hundreds performed – attempted inauguration disruptions – a women being removed from a plane because she could not stop berating a Trump supporter – and not to forget the ‘women’s march’ – being a total farce and spearheaded by Madonna – a foul mouthed idiot past her prime – as to the other ‘non government organizations’ present – some 50 funded by George Soros – it was obvious through the tone and intent that the locker-room banter by Trump – is never to be forgotten.
Just wonder whether these women ever mentioned to their girlfriend(s) a remark regarding a male stud – got drunk and let something slip – purity is akin to godliness – yet – to err is human.
Now – I gave Trump the benefit of doubt – in other words – ‘actions speak louder than words’ – however a lot of words and a few actions on the economy overall – his words or tweets however – did have the desired short term affect.
First though – we go to the inauguration speech – this brilliantly inflamed Germany’s left wing press declaring it a ‘Declaration of War’ – not quite what they expected – and other countries and leaders obviously were not impressed – at the tone therein – of ‘Make America Great Again’ – so it befits the occasion to compare the speech to another country leader – who sprouted the same rhetoric – one Vladimir Lenin – to the Bolsheviks – nearly 100 years ago – no wonder Moscow was impressed.
Yes Lenin’s speech – is very similar and when I read the context of Trump’s speech I swore it was the same speech writer – and no wonder the right chord was hit with the Russians.
It appears that the western mainstream media – overlooked the content and scope and similarities of both speeches – thereby allowing lay people to relax – as to Trump’s apparent plagiarism on ‘the factories – for the people – are the people’s’ – and the similarities of office in that Lenin’s speech was written in a house in Finland – to the Bolsheviks who survived on porridge and black bread – most destitute and homeless – and a billionaire in the White House addressing 25 million unemployed and a population morally destitute – after Obama instigating class warfare for the last eight years – coupled with a depleted middle class – and high medical costs.
Moving on – it appears that the media – missed the perfect opportunity – are missing reality and concentrating all efforts to make out – that Trump is an idiot – especially on the lines of illegal voters – the popular vote.
If any reader bothered to read past blogs they would be familiar with how corrupt the Democratic Party was in the election process – with boasts of 50 years of busing ‘illegal’ voters from county to county to fulfill voting requirements – for their candidate – something that the mainstream media chose to ignore.
Further evidence of voting irregularities can be found first in California – wherein some 2 million illegal immigrants are permitted to hold a State drivers license – and vote -should they want too – as all one has to do is show your drivers license as identification – and was this not what Obama alluded to on several occasions?
In Chicago it was an ‘after voting audit’ – that found large discrepancies between eligible registered voters and the number that actually voted – plus voting boxes not being returned – but the press do not have to worry about both of these situations – as an investigation will be made – and no doubt the results – which will be detrimental to the Democratic Party – and no doubt ignored by the media – truth no doubt will be bypassed for individual slagging rights that fit their agenda.
It would be nice if the media would report ‘the facts’ – instead the American bullshit is relayed around the globe – by every left wing news outlet and reading this bullshit is nauseating – let alone listening to a repeat of the dribble – especially from Aunty (ABC – and the BBC).
If errors are made in the reporters comments – a retraction is never made on the first three pages – no reserved for the last page – then the global media could not be bothered to highlight this fact.
I realize now that the one campaign promise ‘that the swamp will be drained’ – will not be fulfilled – and I will list reasons below – what is important is the consequences of President Trumps words and tweets on economic matters – that have had an undesired affect – especially on the U.S. Dollar – it dumped – on his comments – ‘that the USD was far too strong’ – or words to that effect.
Technically he is right – as a strong USD brings with it inflation – however there is always a reciprocal balancing affect in dumping the USD – and this is borne out in the allocation of US cash assets into stocks and other currencies.
So Dow hits 20,000 courtesy of the President of the United States’ (POTUS) big mouth – and on the sidelines we have the Central Banks hinting at the need to invest in public listed stocks – due to sovereign bonds issued at low interest rates and socialist countries adopting zero – or negative interest rate returns – then with each country – through their own currency devaluations – trying to maintain competitiveness – this alternative stock investment is fair game – as proven by Swiss National Bank – plus the Bank of Japan’s erroneous investments – the former in Apple and latter in ETF’s and listed companies on Nikkei.
Problems will arise over time – the butterfly has wings and when other Central Banks start to have cash excesses flow through to stocks – the Dow could well and truly explode – as has the Yen – as these are the only real game in town – both are big enough to absorb this surplus capacity.
So POTUS has spoken – and the USD reacted – the question though is for how long?
Demand for USD – as the reserve currency will increase due to the instability of all other currencies – that is all currencies except the yen – no doubt at the angst of one Kuroda and Bank of Japan – as Yen is considered amongst other things – to be a conservative ‘currency’ where good capital gains – can be made – and supported in the main by U.S. Treasury notes held by the Bank of Japan.
The future problem for Trump though – is the Federal Reserve (Fed) – whilst the weakening US Dollar assisted in the rise in the stock markets – the Fed will have a problem – when demand in both dollar and stocks rise simultaneously – and it will happen.
That is then when the Fed has to increase interest rates – on the assumption that they have created a bubble in the Dow and thereby further strengthening the dollar – with all capital flows from foreign investors and central banks.
It is a no win situation – and whilst under Obama’s reign – the Fed was politicized and definitely not an independent body – forcing low rates and / or negative rates on nearly every trading partner – the opposite will happen with President Trump – as the head of the Fed – Janet Yellen – will increase the interest rates – in spite of the consequences – increase at the detriment of all emerging economies – and with the aid of Trump’s detractors in Senate and Congress – to force a collapse of sovereign states and internal State economies and blame President Trump.
Obama set the scene – the U.S. debt was increased by 20 trillion dollars during his reign – that is only over a period of eight years.
Result will be both parties stating to the electorate – “we told you so” – vote an outsider in and the results are devastating – stick with the main parties.
This is all due to President Trumps comments that he intends to ‘drain the swamp’ – yes corruption reigns in Senate – Congress – and the Administration – plus he had no kind words for the Fed Chair – Janet Yellen – and all parties will be seeking revenge.
Now Trump could defray any action and silence the media – he can start to drain the swamp – but this will not happen – as his appointments to key positions only have added to the swamp.
Yes – even his economic advisor is corrupt – he who bought DynCorp – one Steven Feinberg – is a big player in the swamp with DynCorp controlling a huge number of U.S. Government contracts for policing and they fund repatriations to intelligence agencies.
On that score one can google “DynCorp” and “Organ Harvesting” – in fact DynCorp and any nefarious activity – and a fair few pages will allow a reader to grasp the extent of their crimes – unhindered over some 25 years
Then one notices Comey stays in control of a corrupt FBI with McCabe second in charge – the latter accepting bribes from the Clinton Foundation – not a satisfactory outcome if someone wanted to drain the swamp – unless of course the FBI has material – which may damage the President beyond repair – and then allow impeachment proceedings to commence.
All of President Trump’s appointments show that he has aligned himself with the crocodiles – by adding crocodiles – to the infested swamp.
One must bear in mind – that Trump had something like 17 bankruptcies over 18 years – whilst in the property – construction business – and throughout this time sought bankruptcy protection – whilst protecting his assets – leaving investors with huge debts.
From memory in 1987 – yes I do remember that year well and was an investor who sold prior to Rocktober – and took a keen interest in this new kid on the block – one Donald J Trump who purchased his first casino interest when he bought the near majority of shareholding in a company ‘Resorts International’ – a company that was reported by ‘The Spotlight’ – had principal investors of the likes of Rothschild – and Rockefeller – yes his first foray into the gambling industry – and this brought Trump to the attention of the world.
Thereafter with the New York real estate collapse – the principal lenders of Trump’s empire – Jacob Rothschild – allowed Trump’s empire to continue to trade throughout a period of high instability – low market valuations – and a meager cashflow.
Was this good bargaining by Trump – “the debt load is huge – allow me to trade out of this situation and defer payments until the market recovers – or if I go down – you lose everything that you invested in my empire”…..?
Regret the answer is one that no one would know – outside of the negotiating parties – but one thing is for sure – is that a Wilbur Ross came out in support of Trump’s nomination in March 2016 – just so happens – that he was Jacob Rothschild’s – Rothschild Inc. – Senior Managing Director – during the New York real estate collapse.
Yes we live in interesting times – and I fear that the swamp will not be drained – it will just get larger and those that are corrupt will continue on their merry way – nothing therefore for the people – again a Vladimir Lenin legacy – and history shows that 100 million people died trying to prove that the economist Karl Marx’s manifesto – implemented by Vladimir Lenin – was correct.
Will history repeat on a Presidential Economic Adviser – Steve Feinberg’s watch – a manifesto to make DynCorp even more indispensable – implemented by President Trump?
Time – time is on their side – and I trust no one.
On the verbal threats of tariffs it is interesting to note – that a number of foreign companies have also indicated that they desire to increase their manufacturing investment in US – for that market specifically – principally to avoid tariffs – the best local offering was GMH – who originally stated that the Mexican manufactured vehicles – are not sold in the U.S. – then to have blatantly lied on this count – refused to retract their statements admonishing Trump.
Obviously a snowflake and buttercup in control of GMH – an Obama appointee – interesting to see whether he holds his position.
If we look at the situation in regard to actions – through executive orders – the ability to make law with a stroke of the pen – the POTUS withdrew the U.S. from the Trans-Pacific Partnership – imposed a federal hiring freeze – and reinstated the “Mexico City policy” on defunding international abortion-related services – a multi-pronged order on border security – and immigration enforcement including:-
(Please note my comments in italics)
– the authorization of a U.S.-Mexico border wall; the stripping of federal grant money to sanctuary cities – hiring 5,000 more Border Patrol agents – ending “catch-and-release” policies for illegal immigrants – and then reinstating local and state immigration enforcement partnerships.
Agree – only because my visa to the U.S. was a mine field due to spent convictions on driving some 30 years ago – why are those south of the border treated so sparingly….
– two orders reviving the Keystone XL pipeline and Dakota Access pipelines – and signed three other related orders that would expedite the environmental permitting process – for infrastructure projects related to the pipelines – directing the Commerce Department to streamline the manufacturing permitting process; and give the Commerce Department 180 days to maximize the use of U.S. steel in the pipelines.
The oil pipelines being resurrected – are a plus – and no doubt is a kick in the nuts to Obama and the gentleman from Omaha – Warren Buffett.
As to the native demonstrators at Dakota – and those Hollywood support class – and various environmentalists who are protesting this pipeline – a big brass razoo – first and foremost those natives protesting – have no right to do so – it is not actually their land – they are just not receiving any commissions – and are pissed off – then – if one cares to look at the environmental impact study – which has been undertaken at significant cost – the pipeline was rerouted to overcome any problems. So all in all a brilliant move – and no doubt welcomed by many – not only on employment – but supply.
– an order to reinstate the so-called “Mexico City Policy” – a ban on federal funds to international groups that perform abortions or lobby to legalize or promote abortion. The policy was instituted in 1984 by President Reagan – but has gone into and out of effect – depending on the party in power in the White House – so a party decision – not a Trump decision.
Again a party requirement
– a notice that the U.S. will begin withdrawing from the Trans-Pacific Partnership trade deal. Trump called the order “a great thing for the American worker.”
Mind you I agree with this decision – as any trade deal which is embroiled in such secrecy – without public debate and funded by Goldman Sachs is suspect.
– an order imposing a hiring freeze for some federal government workers as a way to shrink the size of government. This excludes the military, as Trump noted at the signing.
Brilliant – hopefully he will reduce the size of the Federal Government – cancel duplication and allow States to operate independently in education etal.
– an order that directs federal agencies to ease the “regulatory burdens” of ObamaCare. It orders agencies to “waive, defer, grant exemptions from, or delay the implementation of any provision or requirement” of ObamaCare that imposes a “fiscal burden on any State or a cost, fee, tax, penalty, or regulatory burden on individuals, families, healthcare providers, health insurers, patients, recipients of healthcare services, purchasers of health insurance, or makers of medical devices, products, or medications.”
Fantastic – goodbye Obamacare – regular readers are aware of my thoughts on this ridiculous legislation – very hard to just hand out free health care to 83 million recipients – and rely on middle class to pay for that privilege – otherwise branded as a criminal offense.
Edit: Removed an incorrect word.