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Irrational Exuberance in US Stock Market Grasps at 20K for Dow

Posted December 22, 2016 By David Haggith
Celebrate because the Epocalypse is here!

Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge, or is the market reaching escape velocity from the relentless gravity of the Great Recession?

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Trumponomics: Going for a Ride on the Trump Train

Posted December 14, 2016 By David Haggith
The Trumponomics Train may not be too smart. By a_marga from madrid, Spain (Be stupid) [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

I’m afraid the Trump train is headed for a sharp economic curve that takes the US further away from free-market capitalism. The US already pulled out of the free-market station a long time ago, but Trumponomics moves deeply into a “mixed economy,” an economy in which government funding and private funding are married. The bankster-baron confederation in the Trump cabinet is […]

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Team Trump (Pt 3): Trunk Loads of Establishment Baggage

Posted December 14, 2016 By David Haggith
By DonkeyHotey [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Banksters and their pocket politicians, barons of industry and their lickspittle lobbyists — these are the establishment, and these are the navigators that surround the helm as Trump takes the wheel and prepares to cast off. Nothing provides better clues as to where this voyage is headed than the carefully selected expertise of the chosen crew.

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Team Trump (Pt. 2): Top of the Crop is a Mixed Bag

Posted December 6, 2016 By David Haggith
By Caleb Smith; Office of the Speaker of the House [Public domain], via Wikimedia Commons

The best way to foresee Trump’s real direction once he becomes president is to evaluate the team he’s assembled. Typically, a leader selects people with a strong track record of working in the direction the leader intends to go. This article looks at the trifecta at the top of Trump’s team to see if they embody his promises

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Trump: Trojan, Traitor, or Tried and True?

Posted December 4, 2016 By David Haggith
By John Phelan (Own work) [CC BY-SA 4.0 (http://creativecommons.org/licenses/by-sa/4.0)], via Wikimedia Commons

I risked losing my fellow anti-establishment readers in September by suggesting Trump may be an establishment Trojan horse. After seeing Trump choose Pence as VP and a Goldman Sachs exec as campaign finance manager, I was concerned the establishment knew a citizen’s revolt was brewing and made sure that even the road to revolt led back to Rome. […]

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OPEC Out! This week’s meeting was really a bust!

Posted December 3, 2016 By David Haggith
By Tairo Bonilla (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

In May, I wrote an article titled “The OPEC Epoch is Over,” which pronounced OPEC officially dead and predicted oil prices would plunge again. So far, I’ve been wrong about a second perilous plunge in oil prices. However, even as market heavyweights herald this week’s OPEC meeting for pumping up oil prices, a few voices join this lightweight in […]

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Larry Kudlow is an Idiot; but, at least, He’s Dangerous!

Posted November 27, 2016 By David Haggith
Larry Kudlow by Gage Skidmore [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons

Lampooning Larry Kudlow is like shooting fish in a supermarket. I ought to be embarrassed at going after dead prey and scaring innocent people. Now one of Trump’s chief economic advisors, Kudlow is a Washington-Wall-Street insider to the core of his mousy, shriveled soul: A turncoat Democrat — who, in his early years, worked on campaigns alongside […]

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The financial end of the world in economic apocalypse is here. A funny thing happened on the road to recovery: Trump’s chief strategist admitted his view of the Trumpian future looks like the Great Depression. Even the world’s largest bank just said global financial default is the preferable way out and most likely way out of the Great Recession […]

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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

When Donald Trump would not state with certainty that he would accept the election results before even knowing what the results were or how they might come about, liberals wrung their hands all over the media in grief over the loss of democracy as we know it. Hillary, herself, decried that she had never heard anything so anti-democratic […]

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immigration economics has a huge cultural cost

Most Trump supporters voted for him because he is the only voice against the establishment that speaks in a visceral way that resonates with their own concerns. They don’t hate Mexicans, but they hate an American establishment that imports as many people as it can from areas where labor is the cheapest in order to do […]

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Liberals Scared to Death by Their Own Caricature of Trumpettes

Posted November 13, 2016 By David Haggith
Liberal caricature of Trump Supporters

  Everyone must stop saying they are “stunned” and “shocked.” What you mean to say is that you were in a bubble and weren’t paying attention to your fellow Americans and their despair. YEARS of being neglected by both parties, the anger and the need for revenge against the system only grew. Along came a […]

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Hell Week Daily Updates – A Nation Divided

Posted November 11, 2016 By David Haggith
By SSGT FERNANDO SERNA [Public domain], via Wikimedia Commons

I’ll update news coverage of Hell Week daily in this article; so you can return here if you want an ongoing summary of events escalating around the world in response to Donald Trump’s election or if you want a forum for discussing it. (Financial impact, protests/riots, the promised cyberwar, etc.)

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For Election Relief: Animals with Attitude

Posted November 10, 2016 By David Haggith

Just for fun, since it’s been a tense election for many: A little comic relief never hurts.  

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Hell Week Heats Up after Deplorables Oust “Respectables”

Posted November 9, 2016 By David Haggith
The Epocalypse has arrived

King Obama — in that he governed by executive decree — now gets to watch his legacy go up in smoke as streets in major US cities become littered with fires. Although Hillary gave a gracious speech accepting the results of the election, many of her supporters have decided not to accept it and are acting worse than […]

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