By Neuroxic (Own work) [CC BY 4.0 (http://creativecommons.org/licenses/by/4.0)], via Wikimedia Commons

If I can show you that economists, central bankers and stock analysts are blind in the area of their expertise to the most obvious setup for disaster ever, then you’ll realize we are perfectly poised for potentially the greatest stock market crash in history. Many times in the past few months, I’ve heard these people say that the […]

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The following is not simply a list of negative risks to the economy but a list of of serious economic conditions that are already placing drought-like pressures on the overall economy. This list doesn’t include the long-term structural problems with the economy, such as its high debt burden, but just the forces that have risen against it this year.

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By DonkeyHotey (Donald Trump and Mike Pence - Caricature) [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

When financial Armageddon arrives, it can hit in a flash like a dangerous rogue wave — the kind that rises up when two big waves from different storms intersect and merge into a single wave big enough to capsize a ship. The global Wannacry warware attack and endless waves of Trump turbulence came together with just such damaging […]

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CNN / Anderson Cooper inadvertently confirms Trump innocence in Russiagate

I’m a fair player, so even though I’ve said Trump is damaging his ability to improve the economy by making himself look guilty in the Russiagate story, I’ll also point out news that indicates he is not guilty of collaborating with Russians. Here’s an odd twist in the Russiagate story as Anderson Cooper sleepwalks past the truth of his own news break:

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Anti Virus 777 at English Wikipedia [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

The Wannacry malware that hit like a global mega-bomb, showed everyone how vulnerable we are to a global cyber attack. Billed as “one of the largest global ransomware attacks the cyber community has ever seen,” the infection started in London and then emerged almost instantly in Seattle, New York, and Tokyo. Within ten minutes, the coordinated attack became […]

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Trump Nixon comparison

I know I said I’d stay closer to economics in my commentary and not so much pure politics, but today became so surreal, I couldn’t resist. I couldn’t make stuff up this rich if I were drinking electric Kool-Aid while mainlining acid here in the whacky world of President Donard Trixon and the Republicrats.

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Did Trump Get Thumped … or Supporters Get Dumped?

Posted May 3, 2017 By David Haggith
Donald Trump - Brazenly Antiestablishment or Neocon Trojan Horse? Art by DonkeyHotey [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Trump’s supporters are increasingly alarmed, outspoken and feeling betrayed as their champion rolls over and plays lap dog for the political establishment. Even Rush Limbaugh, Trump’s golfing buddy and longtime advocate, said this week that what is happening with Trump and the Republicans is a “sellout” and “betrayal.”

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You Got Trumped! Trump rapidly losing strongest supporters

Posted April 29, 2017 By David Haggith
Trump's corporate tax cut is a gift to himself like his corporate jet.

Maybe Trump didn’t realize that all of his supporters actually expected him to deliver on all of his hard-edged statements. Or maybe he was Trojan Trump from the get go, just as I postulated many months ago to the outrage of many of my fellow anti-establishment readers who wanted to believe Trump was their champion. (I sympathize […]

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How's that swamp drainage project going?

President Trump, how’s that swamp drainage project going?   Another big move in the last couple of weeks has been the sidelining of Trump’s chief strategist Steve Bannon as the Goldman-Sachs group wins more influence in the White House. Bannon has been the guardian of the anti-establishment hopes that put Candidate Trump in office.   […]

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The big announcement of the really, really big Trump Tax Plan with the “biggest tax cuts in history” came out bigly on Wednesday, as Trump promised. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, Trump’s latest tax team, beamed proudly as they presented their baby. The stock market took a deep breath, then

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Will the Trump Tax Plan trickle down to help the middle class?

Is coming up with a Trump tax plan overtaxing the maestro of negotiation as he tries to conduct his way through congress? An initial clue can be found in his tax-related repeal of Obamacare. The all-important Obamacare repeal got repealed by Paul Ryan — the very person who proposed it — in a matter of […]

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You Got Trumped! Trump not yellin’ about Yellen anymore!

Posted April 25, 2017 By David Haggith
central banker mutual admiration

Having castigated Janet Yellen for keeping interest rates artificially low in order to help the Obama Administration keep a Democrat in the White House, Trump now likes Janet Yellen and likes low interest rates, too — so much so that he decided this week that it is finally time to get honest with America about […]

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Nowhere has Donald Trump matched up with the original story of the Trojan horse more than in his overtures of peace, instead of military conflict. Nowhere has Trump changed more than in these same issues. Candidate Trump frequently persuaded his supporters to believe he would build more peaceful and cooperative relations with Russia and ridiculed the regime-change efforts of Hillary’s […]

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If you voted for Donald Trump, you got trumped

Has there ever been a bigger or worse April fools joke than the spectacle this month of Donald Trump revealing the manifold ways in which he fooled the multitudes? I sympathize with the many people who hoped for a shot at changing the corrupt political-industrial establishment as they feel their opportunity evaporate around them. Their hopes were the best hope this nation had, but the head-spinning transformation […]

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