overthrow the status quo

People Just Want to Kill the Status Quo – Thoughts on Trump’s Swing State Surge

by

Screen Shot 2016-07-13 at 10.50.51 AM

Two weeks ago, I wrote a post titled, Don’t Count Out Donald Trump Yet. Let’s take a moment to revisit a few of my observations:

Trump experienced a horrible period from mid-May to mid-June, which culminated in the dismissal of campaign manager Corey Lewandowski. Based on my Twitter feed, Trump is finished. I’ve been incessantly bombarded with articles highlighting an ever widening lead for Hillary Clinton nationally in the polls. So is Trump finished? Not by a long shot.

First off, let’s discuss the macro environment. As the Brexit vote demonstrated in spades, people are not in a cheery mood and appear willing to suffer negative consequences in the short-term in order to blow up the status quo. This is hugely important and a huge part of the Trump phenomenon. I also think the arrogant, dismissive, undemocratic and paternalistic attitude of so-called “elites” in the aftermath of Brexit will not be lost on U.S. voters.

Equally interesting, is how incredibly close the race between Clinton and Trump is in a wide variety of swing states, as well as states that typically lean one way or the other. The reason this is happening is we essentially have a race between a nativist populist versus a Wall Street neocon for the first time in recent memory. As such, anyone claiming they know how this will play out is full of…

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

The Elites Have Lost the Right to Rule – Part 2

by

In the end, the elites will be overthrown and a power vacuum will form.  The transition period will be extremely difficult as the elites will fight their demise to the end.  For you see, they care nothing for you they care about their power and control.  Nevertheless, rulers have always only ruled by the will (or apathy) of the people and when the people become overly taxed and abused they always rebel.  The main thing to think about is what kind of society do we want to rebuild from the ashes.  I am of the view that it must be a return to the Constitution and an elimination of central banking power and secrecy.  Let’s not fall for a demagogue or be pushed into a war when things are at their worst.

– From my 2010 post: The Elites Have Lost The Right to Rule

While the Trump and Brexit movements are indisputably fascinating merely as public indictments against the greedy and criminal status quo, they are equally meaningful from another perspective.

The reaction from many in the media to both Trump and Brexit have betrayed their ulterior motives by exposing dangerous, antidemocratic biases. Now this has nothing to do with whether or not you are in favor of either Trump or Brexit. Personally, I think Trump is a very unwelcome reaction to the destructive trends going on around us. He’s extraordinary divisive (even amongst people who hate the establishment), has no regard for civil liberties, and displays obvious authoritarian tendencies. Despite this point of view, I don’t focus obsessively on all the negative aspects of Trump in my posts, because I acknowledge that Trump is a symptom of a much larger problem, not the root cause of it. Dealing with symptoms can keep things settled for a time, but the problem will invariably return in far worse form should the underlying causes remain unresolved. People are acting as if it can’t possibly get worse than Trump. Believe me, it can get a lot worse.

With that out of the way, let’s talk about root causes. Donald Trump and Brexit are direct responses to a horribly rigged, parasitic and phony global economy. I’ve been writing about this dangerous reality and warning about its unpleasant inevitable outcomes for over half a decade. It’s not just me of course. Countless people have been doing it, including self-aware individuals from the 0.01%. Recall Nick Hanaeur’s article which I highlighted in the 2014 post: The Pitchforks are Coming…– A Dire Warning from a Member of the 0.01%.

He warned:

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Chart of the Day – Wall Street vs. Main Street

by

Screen Shot 2016-04-12 at 9.04.31 AM

Wall Street is counting its winnings from seven years of easy money.

The results represent a clear victory for Wall Street over Main Street, according to the team of Michael Hartnett, BofA’s chief investment strategist.

“Zero rates and asset purchases of central banks have, thus far, proved much more favorable to Wall Street, capitalists, shadow banks, ‘unicorns,’ and so on than it has for Main Street, workers, savers, banks and the jobs market,” the BofA team wrote.

– From the post: Bank of America Admits – Central Bank Policy Enriched Wall Street While “Steamrolling” Main Street

When I first started this website several years ago, part of my mission was to convince as many people as possible that we all have a common adversary, the U.S. status quo. Back then, the public was still largely confused. Still in financial shock from the crisis, many Americans hung onto hope that if they just kept their heads down and worked hard things would get better. Well they didn’t get better, and they aren’t going to.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.