11-10-2016, 11:21 AM
(11-09-2016, 09:16 PM)Kinser79 Wrote: Yes, and the Establishment also backed John Quincy Adams too. Trump is a man cut from Old Hickory's cloth, like in the age of Jackson men will be proud one day in the future to say they were born in the Age of Trump.
But by all means continue with your projecting and pseudo-intellectualism.
Jackson caused an economic depression that most economic historians believe was worse than that of the 1930s- his legacy is protected by the lack of modern economic indicators; otherwise, he would likely hold the number one or two spots of the worse Presidents (2nd or 3rd, once Trump is done with us)>
What's happened in the last 48 hours? I've added about a half a million in personal wealth and the trust that I'm a board member, millions. You?
That's because the financial elites see what's coming is tax cuts that will, by far, mostly benefit them particularly repatriation; deregulation that will in particular unleash the big banks again; and financial asset inflation that will woo the gullible public, worried about keeping-up, back into riskier and riskier assets - first, the equity markets but eventually they'll unleash the mortgage-making sweatshops and blow-up the RE bubble again. The churn, baby, the churn.
Then comes the longer term promised stuff like Trump's Smoot-Hawley tariffs on steroids. Much of it will not actually happen, but the mere possibilities will roll the markets and trigger something much worse than an economy barely moving because of a lack of demand (note - for those with functioning brains, see automation and income disparity, you think any of that is going to change?). Don't worry, the elites will have plenty of warning and gas the markets just enough to get even the most conservative savers left fully invested and holding the bag. Then, when the bubble bursts, its pennies on the dollar as they carpetbag the rubes, and another big spike in widening the gap - funny how that happens under every GOP Administration.
You, and the other country bumpkins, will be wondering what happened, again. Where's my job that I was promised, man? Where is that big raise I was promised by the Donald? Why doesn't anyone in government (much smaller now) care? Didn't Breitbart promise Nirvana??? It must be the big evil government! Obamacare! Benghazi! Thanks, Obama! Oh wait, those are not there any more.
There'll be a few of you that will fall off the turnip truck and look around perhaps for the first time at reality. But there's a huge industry, funded by the financial elites, that's going to keep you telling yourself that its just another "Other," another boogeyman Libitard doing evil on ya, I tells ya!
Sometimes I wish I wasn't a bleeding heart Liberal and could instead just sit back and enjoy the show... and the money. But, its just such a hassle to change political party.