Saturday, January 21, 2017

Dignity Makes A Comeback

Donald Trump is a dignified man who surrounds himself with dignified people. Are we supposed to shed tears because Beyonce and Adam and Blake and Gwen shunned the inauguration? I could not watch all of the parade but my sources said it was spectacular, all the more so for the absence of the agented class.

As this is written, I am watching the Inaugural Prayer Service. I guess all of his predecessors sat through something similar. I don't know. I never watched one of these services or an inaugural parade, for that matter.

Maybe it's my imagination but I think we might be witnessing the return of dignity. I sure hope so.

Thursday, January 19, 2017

My Absolute Biggest Fear About Donald Trump: He Does Not Understand Or Appreciate The Merits Of A Strong Dollar

 Nor does Trump comprehend the advantages (to non-Chinese) of a weakened (or if you prefer, manipulated) Yuan.

Why is it that smart people just can't absorb a simple principle that really is simple? Yes, sometimes the intent to deceive the public enters the picture. Short-term stimulation and a debt-payback method that won't be fully appreciated until the mountebank leaves office. I don't think of Trump as one of those people.

Hey Larry Kudlow! You have Trump's ear, don't you? Can you sell him on the merits of King Dollar?

What do Richard Nixon, Jimmy Carter and George Bush II have in common? They all presided over a declining and declined dollar. Is anyone nostalgic for those jerks?

From John Tamny, writing in Forbes:

Trump and his protectionist friends love labor-intensive industry, they in particular get frisky when the labor is based in the United States, but last this writer checked these workers earn dollars in return for their toil. And if Trump is to be believed, these dollar-earning everymen were his base of support in the most recent election.  Do these average people realize that Trump wants to devalue the dollars they work for each day? Where’s the media coverage of this? Trump, the alleged populist, is out to devalue the dollars earned by common people who frequently lack the hedging knowledge to mitigate government’s theft of their earnings.  Some would call it a scandal.

Read the entire Tamny article:

Also, read this warning from Tamny excerpted below.

With their Party having won control of all three branches of the federal government in the recent election, Republican tax experts are seemingly desperate to help the GOP give back its gains.  Evidence supporting this claim is the growing support among Republican tax scholars (and apparently legislators too) in favor of what they describe as a “border adjustable tax system.” They don’t call the Republican Party the “stupid party” for nothing.

The new revenue stream popular among certain members of the Republican commentariat calls for reducing the corporate tax in favor of a tax placed on goods made outside the United States, but that are exported to the U.S.  The argument is rooted in numerous falsehoods, fallacies, and plain bad economics.

Advocates lament the fact that almost all countries tax U.S. produced goods that are exported to foreign countries.  The argument, if readers can stop laughing (or crying), is that since other countries injure their citizens by virtue of taxing imports, so should the U.S. injure its own.

Wednesday, January 18, 2017

Coming Down To The Wire: Will Barry Pardon Hillary?

I suspect BO will pardon Hillary. Make no doubt about it, these two hate each other. They do fear each other, however, and that might keep Hillary out of the Big House.

Somehow, Barry intervened and was able to squash an FBI investigation against Hillary last summer. He might have also intervened last fall. The president did not stick his neck out for the habitual criminal out of love or respect. He did it because Hillary has dirt on him. Why did  he use a private email account to communicate with Hillary concerning classified information? That essential "Why?" has never been explained. Only a fool would be believe it was done in innocence.

BO might wait till Friday just to make Hillary sweat and to distract from Trump's parade. If he does not pardon her, she might testify against her partner in crime when she faces the heat. I for one, will be shocked if Hillary goes unpardoned.

Adding A Disgusting Graphic to Make Rosey O'Donnell Move Dwon The Page

Disgusting, depressing, sick and sad but still easier to look at than Rosey O'Donnell.
Thanks to Doug Ross Journal.