Tuesday, December 27, 2016

Trump trolls the Cathedral hard

Donald Trump mixes owning the insult and agreeing and amplifying with a heavy dose of trolling the hell out of the Cathedral:


Many on the Trump Train are understandably concerned the new president's Achilles' heel will be a desire for media adoration. He's said to keep copies in Trump Tower of just about everything in print that contains a mention of himself.

I'm optimistic. It's hard to think of a better example of a ZFG attitude about the major Western media's opinion than this. The bipartisan establishment is shrieking about unsubstantiated Russian election interference and Trump is mocking them for it. The public is mocking them, too.

Just hours before sending this message out he fired one off that not-so-subtly alluded to the neocons' Israel-first orientation:


There is a lot of concern among restrictionists that Trump will renege on the wall. Again, I'm optimistic. He hasn't relented on the immigration rhetoric. To the contrary, he appealed to restrictionism when he stumped for John Kennedy in Louisiana a month after he'd won the presidency and continues to bring it up without prompting.

To show that I'm not an unadulterated Panglossian, though, this one will probably be thrown back in his face down the road:


I'd put the odds of a market drop comparable to 2008 occurring in Trump's first term at 80%. The earlier it happens the better as far as both the nation's financial health and Trump's reelection chances are concerned.

6 comments:

Random Dude on the Internet said...

> I'd put the odds of a market drop comparable to 2008 occurring in Trump's first term at 80%. The earlier it happens the better as far as both the nation's financial health and Trump's reelection chances are concerned.

I agree. Right now there are several bubbles that are going on, some that we intentionally re-inflated such as the housing market. I think Trump's policies of lower corporate tax rates and ways for cash reserves to get recirculated will cushion the blow, assuming he is able to get what he wants. Nevertheless, there are some bubbles going on and with Janet Yellen wanting to raise the rates, I'd say regardless of who would have won the election, the next recession would hit 2017-2018.

For the sake of my investments, I'm glad the Dow is surging but realistically I know that this is just temporary and that a sharp correction is long overdue.

Black Death said...

I had to look up ZFG in the Urban Dictionary. Now I know.

J. P. Morgan probably knew more about the American stock market than anyone else, before or since. When asked to predict what the market would do, Morgan always gave the same answer - "It will fluctuate." Good advice.

Dan said...

Yellen raising rates now after not touching them for eight years shows poor integrity.

Audacious Epigone said...

Random Dude,

Trump seemed to be aware of that during the election (i.e. his oft-repeated "big, fat bubble" line). It's hard to blame him for making the most of this. Tactically, it probably doesn't even make sense to do otherwise. The higher his popularity is when he assumes the office, the more he'll be able to get done in the 'first 100 days'. That's the time to get the stuff that will face the most resistance taken care of.

Black Death,

I try to limit the f-bombs especially in the body of posts so that they'll have more utility for people. I've linked to the acronym now, too--usually do so, just missed this one. Thanks.

Dan,

Yeah, I'm a little surprised Trump didn't comment on that, something along the lines of "the Fed is so sick of us winning they're already trying to slow things down!"

chris said...

Whenever I worry about Trump not going hard enough against the leftist/SJW/cultural marxist establishment, I just look at what they have done, and what they are doing, and then watch this video.

https://www.youtube.com/watch?v=bGJitY7sf-8

Trump: "I never forgive..."

Audacious Epigone said...

Chris,

I remember that well. Romney should have, too. On the other hand, he did give Haley the UN ambassador spot. Hopefully he fires her a few months in and locks her out of the South Carolina governorship!