A Fed Rate Discussion

TTo reintegrate our position on what’s ahead, it’s all really very simple:

  • The Election of Trump is a spitting-image of the 1928 election of Herbert Hoover.
  • Tomorrow in our www.peoplenomics.com subscriber newsletter, we will cover parallels between the 2006-2008 real estate bubble and we’ll compare that with the 1920’s Florida Land boom.
  • From Hoover taking the Oath of Office, there were 182 days to the All-Time-Peak as measured by the Dow Jones September 3, 1929.
  • The Hoover-backed Revenue Act of 1929 included a tax reduction.
  • Later, when the Depression had taken hold, Hoover was forced to raise taxes at exactly the wrong time, thus ensuring the Depression would be twice as long and three times as hard compared with leaving rates alone.
  • We compare this with Donald Trump’s pending Tax Cut Plan which is echoes of the 1929 Revenue Act.
  • Concurrently, we have experienced the lowest Velocity of Money at M2 in American history.

Moreover, the Fed’s pending rate moves will most likely drive the stock bubble higher as money is already flowing out of bonds and into common stocks.

While this weekend’s report will have projections of how high the ultimate top could be, we are mindful that in financial analysis, it is easy to pick either TIME or PRICE but not both.

And that gets us to this week’s Federal Reserve H.6 Money Stocks report. This tells us how much money the Fed is sloshing into the system:

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What should jump out at you is that these two reports tell us something about the nature of the power relations in Washington.

The top table says if you look at October through January, we had 7.5% and 6.1% growth rates of M1 and M2.

When we look at the “sliding” timeframe, bottom table, through February 6, we see M1 and M2 growth (annualized) at 3.9% and 5.8% respectively.

Let’s see if we can wrap our heads around how this works:

First: There is a case to be made – based on this data – that the Fed was “goosing money” during the election/pre-election period. Obviously, the easy money flow made it appear that the Obama economy was somehow magically growing.

Whether this is overtly political – of just how running the dual-mandate (high employment, stable economy), or whether it was overtly political can be argued endlessly. We have neither the time, nor inclination, to bother with that discussion because we are in the “It is what it is..” position.

Which is looking more and more like a deliberate bubble that will go off with a huge bust as we work through this year, or next.

Here’s why:

As of 2012, the total valuation of the U.S. Bond Market was about $37 trillion dollars. At the same time, the valuation of the U.S. stock market was around $21 trillion.

You need only to think about the return on investment to understand what happens.

When the prevailing YIELD (amount of interest paid) is going down, the price of a bond is increasing.

Let’s say you bought a bond paying 10% interest when prevailing rates were 10%.

Now imagine prevailing rates drop to 5%. Suddenly that 10% bond is paying twice prevailing rates so its price goes where? UP!

Sadly, the opposite is true.

When prevailing rates go up, the bond price comes down.

That money goes on walk-about looking for something better in the way of returns.

The stock market, becomes the recipient. Bond money flows into stocks.

Result? A mega-bubble like the one we’re in.

But wait! It gets even better!

The Underlying Asset War

You see, not only do we have the dynamic of Bond Money flowing in, but we may have some Real Estate Money flowing, as well.

This dynamic arises because refinancing real estate at extremely low rates, enables big real estate moguls to pull out oodles of cash – which is also walking around looking for something to do.

While it MIGHT be possible to build more shopping malls and such, the reality is that there is a well described war going on between brick and mortar retailers (like those closings announced in 2016 by Macy’s which is working through the system right now) and the online retailers like Amazon.

Given that malls might not be a great investment, would you like to buy some shares in solid American companies like Caterpillar?

This, in a nutshell, is why we could see the market continue to work higher. Much higher.

In the intermediate term, almost assuredly within five years, the market bubble will collapse.

You will simply wake up one morning and the market will be down 3,000 points on the Dow – or more!

But for right now, we are chilled on immediate prospects for collapse. There is a lot of hot air and hot money left to be poured into this bubble, which is what we track over on Peoplenomics.

But it shouldn’t be too long.

When Ure sells a fair-sized asset like an airplane to bolster his trading account, it might mean he’s expecting a series of large moves.

If you inferred that, there’s hope for you – and your net worth – yet.

Media Has Removed Trump from Office

At least some in the NB.E. seem to have.

However, how well the presidential press conference played this week depends very much on your “observer state” going into the event.

If you are staunchly anti-Trump, then we’d suggest your read “Candidate Trump Tries to Salvage Embattled President Trump.”

If, on the other, you favor Trump, the New York Post’s “Sorry media – this press conference played very differently with Trump’s supporters.”

What’s really happened – not to beat this too hard again, but the Old Line Media has been obsoleted by New Media and Social. Pissed at losing “exclusivity” (which becomes ad money) the old line media is furious and bent as hell on taking down Trump.

Trump, on the other hand is working those non-shill channels for all he’s worth. That includes a “campaign rally” in Florida this weekend. Couple in-person appearances with Twitter and suddenly who needs networks?

Especially with the silly-sap kids who know virtually nothing about politics other than what an increasingly liberal college establishment has pumped into either heads.

I realize this will sound harsh, but no one under the minimum age to hold the office of President should be allowed to write about presidential/national politics. The me, me, me generation is clueless as to how grown-up life works.

We will simply sit back now and watch Trump go on the offensive.

The All-Seeing Eyes

While the story about how “AI-Powered Body Cams Give Cops the Power to Google Everything They See…” sounds alarming, apparently they aren’t yet in use in places like, um…Berkeley….

Frankly, I’d be a whole lot less worried about body cams than about the whole globalist War on Cash…and toss in Civil Asset Forfeitures, which regrettably, Donald Trump seems to support.

Again, we are giving Trump some slack as he’s a newbie, but his Forfeiture position, the Sec. Ed. and Ajit Pai for the FCC chairmanship are matters we see as “blown opportunities.”

But I’m sure there’ll be more. But hope springs that he’ll learn from his mistakes. Toning down the tweets would be great, too. Use it for press releases, not so much rants, thank you. (knock knock…anyone home?)

Searching the Shadows

You know, there may be a HUGE Trump coup coming, though, when even the NY Times worries on the front (web) page this morning “As Leaks Multiply, Fears of a ‘Deep State’ in America.”

Oh, you mean like that “un-elected layer of GS-15/16’s and up we’ve been pointing to for years? Well bless my soul…

Off to another cuppa. E-commerce retail data out at 10AM eastern will be worth looking into as we spin down the week. It will be a way to scale where “the front” is in the bricks vs. clicks war.

Other than that, back to research on how the Florida Land Boom of the 1920’s paralleled the Greenspan NoDoc Bubble.

TTFN – CU Tomorrow or Monday…

Comments

A Fed Rate Discussion — 43 Comments

  1. Dear flyover fools,
    My job is done here. I have made my points and you will soon find out soon that I was right all along. George, make note of all of my points and revisit them in a month or so when the house comes tumbling down in a one of the most juicy and corrupt scandals in world history is unveiled. The biggest issue I have with you rural outliers is that you really don’t see the forest through the trees. You are too sheltered and isolated to notice that there is a bigger, more inclusive world out there. You all fail to open your eyes and see the beauty of this world outside of what you know. You fail to see how incredibly awesome America already is. You want something from this world because it hasn’t been kind to you. You are looking for something that no politician is ever going to give you. And initiall that is why Trump was so appealing to you. But, he will disappoint you the most.

    Well, let me tell you something. Unlike Trumptard, I did not inherit my wealth. I grew up in a family where a can of spinach was a gourmet dinner. I busted my ass off as a kid mowing lawns, shoveling driveways, painting fences, working odd jobs in between my studies dawn till dusk to attend the best schools and get accepted into the finest colleges.

    I made my first six figure salary less than one year out of college. That was 20 years ago. I had no time to be angry at the way our country was run, because I always had the belief that like a Hall of Fame NFL running back, you always had the opportunity to change course to avoid being tackled for a loss. The goal was and still is to always move forward.

    Trump is everything I hate about America. Spoiled bratty idiot that does enough to get by with the wealth he already had. He would have been worth even more today if he had taken daddy’s inheritance and invested it in a simple Roth IRA.

    Trump has zero moral values. My dad taught me and I therefore have taught own kids that only I am responsible for me. Blame never extends outside of oneself.

    Yet, in every speech he had ever made, he blames everyone else for the worlds and his own problems. The media is the enemy, the intelligence community is corrupt, etc. He riles all of you up, because he knows he can, but has yet to provide any real solutions to the problems. This is a cons game. The world would not be so divided if, let’s say, Marco Rubio was President. There would not be Cabinet delays, marches, protests and the media, while it would still do its job and be the checks and balances for political issues, would not be “the enemy”.

    Personally, I don’t Trump bother my day to day life, and especially how I approach my career, but I take my country very seriously for the sole reason that this country has been very very good to me and my family. It gave me the tools that allowed me to build a life with.

    All of you whiners out there that think you have a President who inherited a mess have to look within yourselves. You are the only one who is responsible for you. Who really is the mess? Peace out!

    • Before you run off Jon, what is this scandal YOU SPEAK OF???

      As you may have gathered, we have been looking for a market ATH in Mid March so we seem aligned on that.

      See you on the short side of this pig of a market – G

  2. Reading all the reader’s comments ;-( I do sincerely hope folks will not forget to use more CASH instead of, before it’s put out of circulation and with it their valued freedom to express themselves.

  3. The Stock market begins it’s fall in the fall of 2017. Five years later little is left of American equities. George is warning us. George shows great equanimity all things considered.

  4. George, this is a fascinating article about the power of blackmail and allegiances. This whole anti-Russia theme has much deeper tentacles than the average street level citizen understands. What a mess. This is why I support Trump. Im not republican or a democrat. Trump may have a caustic style but i think hes sincere in trying to bring back a more wholesome aspect of American ideals and western culture vs those who oppose it.

    http://www.zerohedge.com/news/2017-02-17/dhs-insider-warns-its-spy-versus-spy

    • That was a fascinating article indeed. It helped me understand the game being played…I didn’t fully understand why we (the US) were poking at Russia and now Iran too. Thought we might be spreading ourselves a bit thin since we are still causing havoc in all these other middle east countries…and I guess we “will” be spreading ourselves thin if they get their way! Sigh.
      Trump has his work cut out for him and as a democrat turned political agnostic, I wish him success. He was being truthful when he said he inherited a mess…and that’s just on the foreign policy side! Throw in the so called ” economic recovery” he was left with as well as trying to clean up the District of Corruption, all the while fighting off the attacks from the corrupt and the mouthpieces (MSM) of the corrupt…wow. All I can say is pray for the President, because literally, if he succeeds our country succeeds.

      • “All I can say is pray for the President, because literally, if he succeeds our country succeeds.”

        Please allow me to digress. The idealist in me wants to believe Trump has our best interest in mind…who knows!
        I don’t mean to imply that we shouldn’t push back. We should always remain diligent to make sure they “ARE” looking out for our interests.
        One of my biggest complaints is that people don’t seem to use critical thinking when it comes to their own party…once “our guy” gets elected we seem to think we can go back to fawning over the latest popular celebrity or checking how many “likes” we’ve garnered on facebook/twitter. Until we start holding all of them accountable I don’t see anything changing.

      • That article has some interesting points to it. Its so difficult to find an article that doesn’t have some bizarre aspect to it, as that did with the porngate references, but let’s face it, the NSA is in place to collect data on all of us to be used at a later date if needed, should we gain some sort of following that is against the established approved narratives. The Occupy Wall Street crowd was tracked for their porn usage, so they could be demonized with it, if needed. My greater interest in that article was all the varied agenda’s of the players it noted, from nation states to some well known hawk politicians that are doing their best to de-legitimize Trump’s presidency. As well as Russia’s role in today’s news being the reason Hillary lost. From what I’ve read about Russia and the Syria connection, it all relates to NATO’s goal of putting nukes near Russia’s border, but that wouldn’t sell well for a reason to have a confrontation with Russia, so the Russia stole the election for Hillary theme becomes the narrative for public consumption. Hillary’s win was so banked on, that when she lost it through the whole military and CIA goals of taking on Russia into a tailspin, hence the continued leaks. Those leaks are dangerous to our democracy as they’re being used to demonize citizens. At some point that NSA info could be used against all of us, as selective release of data can be skewed whatever way suits the cause. I agree about the our guy mentality.

  5. Going down into the rabbit hole a bit. There are myriad reasons why the intelligence services, factions inside each party, and the “deep state” will do everything they can to destroy Trump. (And, caveat, I did not vote for him, or for Hillary.) One, very obvious, is that Trump is trying to play nice with Russia, while the neocons running CONgress (and owned by the banksters) want a cold, or maybe even a hot, war with Russia. Hillary was all in on that and was their choice. Another, there is a global human sex trafficking organization, and pedophilia rings that involve very important people, and this also includes billions in the global economy. Flynn knows about it, and wanted to do something about it. Now, he’s out. The Trump administration has also challenged the Federal Reserve Bank (private) to show transparency, and have indicated they would support an audit. There are factions which ultimately want a one-world government, (evidenced by our central banking systems and global trade agreements) and Trump’s team seems to be fighting against that. There is a lot more that none of us know, and it’s only by doing a lot of research and digging that some of us have gleaned anything at all. But this is a larger battle, I believe, than what we are watching on MSM cable news broadcasts.

    As my friend, Mike Ruppert, once said. I don’t believe in conspiracy theories. I believe in conspiracy facts.

    • All true, and more revelations to come. We are at the end of an age and the truth will come to light.

  6. The problem with making his supporters happy is that that number is already consistently shrinking. Gallup Polls now have his Approval Rating at 38%. Disapproval rating in at 56%.

    Given that only 1/4 of eligible voters in this country put him in office and 3/4 chose not to vote for him, he’s increasingly having to tap dance faster for smaller and smaller crowds.

    You play the market, so you should understand the idea of diminishing returns. All he has done so far is sign a whole lot of non-binding Executive Orders, and started dismantling agencies that the public actually likes. The EPA, for instance. (which people consistently poll as trusting much more than Congress to protect their interests) If you actually think he’ll last the year, you either have an intentional blind spot when it comes to your “team” or your only real intelligence lies with spinning partisan B.S. to people through the inter-tubes.

    • Is that you, Jon? Sure sounds like your twin. ya’ll are eating from the same mainstream crap pool, I see, and coming on this site to try to poison our comment pool.

      • The crap pool is Fox and their satellite minions consisting of Rush ” I need 20 Percocets in the morning before I am able to talk” Limbaugh and fellow Junior college dropout Sean” has anyone seen my brain today” Hannity.

        Wake up zombies. This is truly a time when Left is right and Right is WRONG!

      • I was right, it was Jon who has not graduated from his left right mind slime. Grow up, Jon, there is enough info on this site and in the comment section to elevate you out of the muck. One day, all hands will be needed on deck.

  7. …A brick… will all ways be… A brick…A click…that’s just wishful thinking…

  8. Jon, are you going to complain for 4 years?

    Wayne, Trump is stupid?

    The more you write this venom, the more you push away any rational arguments for your cause.

    Stop attacking the person (Trumptard) and start attacking the position with thoughtful rebuttals to his performance.

    You are angry and are informing everyone that you are taking your ball and going home.

    Don’t talk anarchy. As the saying goes be careful what you wish for you just might get it.

    I just see hysteria in your writings (like you just broke up with your boyfriend/girlfriend and are lashing out). Give me some depth of facts. Look beyond the obvious. I get the drift on what your “opinions” are. Now give me facts.

    Wow. You sound like you are miserable.

    • I am not miserable nor hysterical by any stretch of the imagination.

      However, I do feel an obligation to parent all of you impressionable kids that just don’t know any better. You all have been hanging out with the wrong crowd at school and it’s time for a lecture in responsibility, accountability, and the dangers of gullibility.

      Do our politicians really need to mop up the daily mess of the Trumps room everyday? You want facts? How about the fact that Trump is on his third consecutive play date weekend with the family in Florida, while the real political clout is in Munich doing the adult work.

      In retrospect, while I have been critical of Trumps nearly $15 million in 3 weeks vacation bill with his entire family by the way, maybe it is the best use of taxpayer money. The further away he is from Washington, the better. Mitch McConnel didn’t have his “Let’s get back to business” press conference yesterday until Trump had left for South Carolina. Nobody in Washington feels having Trump around is a productive use of anyone’s time. This is why they are letting him take to the road to gloat and bloat. The real President and leader is Mike Pence. Yesterday and today, he spoke real words and had structure to his speech, unlike his boss. And, his speech was contrary to what Trump has been saying. And does anyone really think that Trump was briefed on Pence’s speech? Hell no. I doubt if Trump even knows why they are there.

  9. Why use “snide quotes” about the Trump campaign rally in Florida this weekend? The sponsoring entity is the Trump 2020 Campaign Committee. Check it out.

  10. Bless you Wayne for you have seen the light!
    Unlike poor Jon, who may be beyond help and is totally unredeemable! Of COURSE its the old media! Jon has the stench of MSNBC and CNN all over him and all the tomato juice in East Texas won’t rinse it off!

  11. Best line of the late night comedy circuit.
    They played Trumptards line when he said “Let me tell you folks, I inherited a mess”
    Steven Colbert’s response.
    “No, you inherited a fortune, we elected a mess.”

    • ‘cept, of course, both are true. MSLSD and Faux news are just two mirror images of the same sheep pen. Baaaaaaah!

    • I tend to measure b school “place in class’ by bank balance after 10-years out

      • Except we don’t know what President Frauds bank balance is, because he won’t release his tax returns. There is a reason for that. What we do know is that he is getting free housing and free vacations to Mar a Largo now, as his brand swirls endlessly into the toilet.

    • Yeah, and we will never know who paid for obummer to go to college, or what his grades were, or where his real birth certificate is, or why he trashed the Constitution like he did, and opened our borders to millions of invaders and funded ISIS, but that’s right, Jon can’t think outside the donut hole.

      • Hey Joke,
        In addition to your appropriate monicker, You can now take that tin foil cap off of your head now. It seems to be rusting and tetanus has infiltrated your cerebral cortex. The result is a new disease called Foxitus. That is, actually believing the fake conspiracy crap that Fox News “reports”. Yes, the same man that brought us the National Enquirer and has mastered that business model, actually has taken that format and calls it political news. And, you poor ruralite children bought into it.

  12. Trump was not my first pick, but he was my only pick between him and the unindicted fraud Hillary. But that doesn’t mean we shouldn’t call Trump out for stupidity he seems to have. I think he wants to do everything he said he would, but I agree with you on the two picks and Flinn. Those weren’t good calls. Because he isn’t, or doesn’t have an ideology this could become an interesting 4 years. Not only does he have to fight the establishment from both parties, he has to fight an entrenched shadow governement that has been lurking quietly for years. If anyone can filter these people out and show the craziness that is tenior in lifetime appointments in our government, Trump is the man that can do it. If he can, he should terminate every person the the federal government that has been there since Clinton and all the Obamacrates. Then start looking at all the Bushies and get those who won’t do what is needed and throw then out as well. If he is going to “drain the swamp”. I think it starts with the bureaucrats!!!!!

    • its Flynn, not Flinn, and he was originally set to bow out early. He’s a true ally of the Donald and he allowed himself to be used to set up the leakers in CIA and the David Ignatius/Washington Post shills.

      Just sit back, n’ learn, m’boy.

  13. Would be nice to see some new Greenbacks and the f reserve told good luck with debt their power has bought. Believe oblama hates America

  14. George, this has nothing to do with Old line media vs. new media. This is plain common sense and intelligence vs. idiocy. I and the 73% of registered voters that did not vote for Trumptard, don’t need the media to tell us he is the most unqualified politician in history. We don’t need the media to tell us that he has the intelligence of a 3rd grader. We don’t need the media to tell us he has a mental disorder called narcissistic personality disorder. We see that every time he opens up his tiny little mouth hole. The press conference yesterday was all I needed to see to verify my huge distaste for him. I did not need to see the post commentary from any of the networks. I had faith they that they saw what I saw.

    But, here is the deal. Many of the Trump supporters had to run to their slanted media like Fox, to see what they thought of the news conference. But they were slightly disappointed because Shep Smith evidently saw what I saw too. Confused, and the Trumptards frantically looking for acceptance, because they can’t think for themselves, ran to junior college dropout, Rush Limbaugh and their minds were re-wired to accept their demented President again.

    It’s not people like me or the main stream media that is fake, biased or has an agenda to remove Trump from office. Trump is doing that all by himself with no bias necessary. Anyone else that thinks he is a qualified politician or thought that his news conference yesterday was anything but an embarrassment for the human race, well I and the 73% of registered voters that did not vote for him feel very very sorry for you and I hope you get help soon. Oh, and before you call me a liberal idiot, which will be most of your uninformed responses. I am not a Democrat and I did not vote for either Hillary or Trump.

    • Hey Jon, I’m a registered “voting” democrat that is both smart enough and respectful enough to invest $40 a year for the endless stream of life giving wisdom found on these pages.

      I also proudly voted for and continue to support Donald Trump for president after the system spit out Bernie Sanders.

      Thanks in large measure to George, I lead a productive and proactive life that keeps me at least a couple years ahead of the curve.

      You should have it so good.

      • Lee,

        You have no idea how good I have it. But I am sure it is much, much better than you. I can guarantee that. If you think I am not productive because I have a lot of time on my hands to write on the comments section, let’s just say, I have access to the type of technology that allows me to make a lot of money and have the time to voice my opinion, pretty much anywhere and anytime I want. You should have it so good.

      • Thanks, have you noticed how “jon” is starting to be a “JOHN” and is pimping his opinion all over these comment sections, he doesn’t care if half of what he spouts is lies or half truths, he’s all in for propped up ganda and as much as he can dish out and think that he is profiting from. The thing is, it is George that we learn from, not him. I can read his ‘opinions’ all day long and hear em, too, at all the msm sites. After several weeks of the “JOHN” treatment, I ain’t learned a thing from him. I guess George keeps publishing his pimping cause it must make this site look balanced; hint, it doesn’t, it just makes this site look like how the msm and blk and all the other crapola is trying to convince people we are – divided…no we ain’t divided, it has gotten pretty crystal clear that Obama was not our friend, but he was pretty cozy with Merkel and Soros and the EU elite and he did his best to transform this country into the disaster going on over there. But “JOHN” can’t see it, he is too busy pimping his one sided (blind I might add) opinion.

    • Unlike most, I watched the entire unedited footage of the press conference. I was impressed by President Trump, the executive, as he addressed issues and fielded comments. I have confidence that he will give us his best effort, and that’s much better than most. I don’t like his pick for FCC, and I certainly don’t like anyone that endorses asset forfeiture of any kind. His pick for Education Secretary is really one about streamlining the process and cutting fat. Students will learn what the wish today with or without colleges. The institutions are essentially credentialing mechanisms and little else. I can learn much faster from the net than I can in any structured environment, and others can learn that art too.

      Whether we like it or not, Donald Trump is OUR president, and helping him do his best is in our best interest. He’s the best executive we’ve had in recent memory, and I really don’t care about his bona fides as a “politician”. We don’t need those at all. Just good people doing what they do best.

    • Jon, you are an idiot!!! 73% of what didn’t vote for Trump? And of course no one is going to tell you that he was a politician thats the entire point of the Trump presidency. The only embarrassement yesterday is the media and people like you who are a never-Trupster. Like the media you don’t get the fact that he is going to change the way things have been in DC. He was voted in because he wasn’t a politician. But your rant just shows your ignorance and narrowmindedness you and the left have had for years. You can claim anything about not being this or that; or not voting this way or that. But you would have been happier with Clinton, the third Obama term which totally disqualifies you for any ligitimate or objective comment on Trump. Like it or not, and you don’t, he is the President and he is going to change things in Washington and I am damn happy that liberals like you are in a funk and hate life!!!! We were there the last 8 years with Obama/Clinton. THANK GOD WE DIDN’T HAVE ANOTHER 4 YEARS!!! Or the nation and the founding priciples would have been destroyed even more than they were.

      • Wayne,

        I am not a liberal, didn’t vote that way as a whole and I feel sorry for you and your blind loyalty to a very unqualified bozo. As far as the 73%, There were 90 million people that did not vote for either candidate. That equates to 43% of all registered voters that didn’t vote at all. When you do the numbers, Trump only was supported by 27% of all registered voters. Pretty simple math.

        I am not in a funk at all. I don’t hate life. I have an extremely successful career, the perfect family, a brilliant wife, and I didn’t have success by being like Trump. He is possibly the dumbest person on planet earth and everyone but the Trumptards know it.

        Doesn’t it make you wonder just a little that 90% of the media, business execs, world leaders here and abroad think Trump is an idiot? The only news organization that doesn’t publicize his clown behavior is Fox and they are playing the same anger game that Trump played to get elected. They have a formula. Hasn’t George said in the past that everything is a business model? Fox’s business model is the same con game as Trumps. It works for them, but it isn’t at all honest journalism.

        The rest of the media is just doing their job. The spirit of Woodward and Bernstein is still alive thank goodness. Trump will fail. The writing is already on the wall. Mitch McConnel’s press conference today was to reign in the negative perception everyone in the GOP has about Trump right now. Listen to what he said.

        He hates Trumps tweets. He hates that he goes off message. And, then he said that although he likes what Trump is doing, he stated that if Rubio or Romney or Jeb Bush were in office right now they would be doing the same thing. So having Trump in office is no better than Rubio and the others. There is no added value. In fact, they just want Trump to shut the F up and do what they say. And Trump has to because he isn’t smart enough to have an original thought on his own. Is this what you clowns voted for? I really wanted Rubio, Kasich or even Bush. At least they would have brought integrity to the office. Trump is the joke of the world. He has weakened our country tremendously.

    • I seriously doubt that 70% of the voters went for Hillary. In several counties around me in IL, 65-70% voted for Trump.
      Of the 3100 counties in the USA, Hillary only got 100 (or 500, according to my brother).
      A nice thing to Google is “Clinton Archipelago.” As opposed to the graphic for “Trumpland.”

    • Jon, Trump is no saint, and obviously not a polished speaker – neither was Truman or Obama, who stutters and trips over his ideas without notes or a teleprompter.

      Many of those who voted for Trump were voting ‘Anyone-but-Hillary’, and the 2-party system left Trump as the only option for anything NOT resembling the last nearly 30 years of this country. Others were voting for someone who was patently NOT a career politician or bureaucrat. Some were (and still are) just hoping to hear him say, “You’re Fired!” to lots of scumbag professional bureaucrats and political hacks.

      As for your term ‘qualified politician’, I would heartily recommend you read some of Mark Twain’s essays so you get the real flavor of the term you used.

      Narcissism? Show me a politician, any politician at any level, who does NOT have that as a large part of their makeup. Please, show me just one! Only actors, perhaps, have more than politicians, so that is hardly an argument, especially with King-Reagans-Ghost, Schwarzenegger and Franken traipsing about.

      Maybe you should do as I am doing, and give him 12-25% or his term to begin to get things organized and working. This poor sod didn’t even get a single night as a honeymoon for winning the position – he has been under siege by media, lifetime bureaucrats, the MIC and many others since he took the oath.

      Transition? He didn’t have a prayer – just look at the pile of cow chip EO’s Obama left him in the month or so before he took office.

      I honestly think everyone in this country needs to just take a breather and give the man a shot at doing the job. Time always tells the real story.

      • Thank you, another voice of sanity. But, Jon and his twins cannot give Trump a chance! Jon can’t learn, or think for himself, all he can do is type tripe. I think Jon should get his own website spouting his spite and let’s see how far along that gets him.