I Said He Would Be Entertaining.

“Fight Against Stupidity And Bureaucracy”

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donaldtrump

Say what you like about him, but he is entertaining. Trump is already making what was looking like one of the dullest election campaigns in history into something worth looking at – just now and again though.

The latest nonsense comes from the business world, namely Macy’s, NBC and Univision.

Macy’s has decided to drop Trump-related merchandise, and the other two are going to break off ties (pun, tee-hee!) with the Donald.

The Macy’s decision is fairly clear, they’d rather run away from controversy and lose money than ride out the storm. I wonder do they sell goods manufactured in the sweat shops of the world, often by children? Maybe we should look in their hypocrisy department – fourth floor next to the white flags if I remember correctly?

waving white surrender flag

However, no one knows exactly what the NBC and Univision decision means in practical terms. For example, will they sell their half of the Miss USA and Miss Universe pageants and if they do who will they sell it to? Or will they buy Trump’s half which will mean giving him top dollar for the shows because I don’t think he will let them away softly. In fact he would be within his rights to sue NBC for breach of contract relating to the pageants if this dodgy decision leads to a cancellation.

Either way it will be more wealth for Trump, which is probably what the move was designed NOT to do when they were thinking about it. That’s assuming they did think about it, which appears increasing unlikely.

trump two fingers

Neither has NBC given great thought as to who is going to host “The Apprentice” in a post-Trump era. They’ve hinted that they are going to look for a new star to replace Trump on the long-running reality show, but he’ll be a hard act to follow. Maybe it’s a chance for another dose of the limelight for the Shark Tank’s Mr Wonderful or even Mark Cuban, both of whom seem to thrive on the small screen and both of whom seem to have egos on the grand scale.

This hasty decision also leaves a BIG question mark about the partiality of these TV companies during the election race. Will they – or perhaps better, can they – continue to cover Trump fairly as a presidential candidate?

Former President Bush, President Bush and Governor Bush depart the christening ceremony of the USS George H.W. Bush in Virginia

Then there’s former Florida Gov. Jeb Bush, part of the Bush, Bush and Bush super wealthy and well connected dynasty who want the big seat in the White House again. Jeb has said his decision to run for the Republican nomination will be based on two things: his family and whether he can lift America’s spirit.

After the great job his father and big brother did as President in lifting America’s spirits (a little sarcasm there) how could the voters do anything other than make him the GOP Presidential candidate? Oh dear me!

Despite the family history, Bush seems to be making good progress so far. But he had an easy start, because prior to the arrival of Trump on the scene he had no high profile rival. He still holds a significant lead over the second-place Trump.

Some think Jeb Bush would be the best candidate to handle illegal immigration and social issues. Just like his brother perhaps, see video.

On the economy Trump would probably be favorite, especially after the way Dubya Bush let spending go out of control during the latter stages of his war-mongering Presidency.

Apart from these two, although there are numerous others in the field,there does not seem to be any other close runners. Not yet anyway. But things in election races can always change suddenly as a skeleton or two tumble from their closets.

Trump is trying to capitalize on his business background. There is no doubt that that gives him an advantage over the career politicians. In business Trump lives or dies by his decisions. As for the Senators and Governor would-be’s, they are used to other people paying for their mistakes not them personally. It’s a significant difference in the mindsets of the two types of contender.

There is no doubt that Trump is correct when he says that the “American public is ready for a leader with a proven track record of success.” This is particular so after eight years of a dithering Obama administration.

Whether or not “Eighty percent of Central American girls and women are raped crossing into the United States,” one would have thought that America was ready for someone who wasn’t afraid to tell it how it is, instead of trying to pander to every minority viewpoint be it legitimate or crazy.

In politics a bit of controversy is always…

what’s the word….

“Entertaining?” That’s it.

trump with hand mic

As if to emphasize the fact, contrast what is going on in the Republican camp with the Democrats.

Hillary Clinton launched her presidential bid via a lackluster video message on social media way back in April and she continues to be the overwhelming front-runner among Democratic hopefuls for the White House job.

In fact the Democrat competition has turned into an amalgamation of Dullsville & Boringtown. There’s only one horse (make that horse’s ass) in the running. What she needs to blow all that cash for I don’t know. Build a hospital ward for the poor you dummy, you’re already selected.

hillary rodham clinton presidential bid 2016

Vice President Joe Biden, who has twice before made unsuccessful bids for the Oval Office – in 1988 and 2008 – might make another one, unsuccessful one that is. Recently he has said he thinks he’d “make a good President.” He is perhaps basing that on comments in the press that he is known for his foreign policy and national security expertise. He shouldn’t, because during the past eight years he has shown absolutely no grasp of either foreign affairs or national security.

Of course, it may well be that come the actual Presidential election next year, it will be Jeb versus Hillary and dull as they are the Democrats may win again. In a democracy the voters sometimes get it wrong.

In the meantime I’m still finding the Donald’s entry into the fray, what’s that word again….

“Entertaining!”

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SNAFU

“Fight Against Stupidity And Bureaucracy”

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snafu

It’s never pretty when some smart ass says I told you so.

But never mind that.

“I told you so.”

There I said it.

I wrote a post “The Only Way Is Up, Unless It’s Sideways” (if you want to read it click here) that all the logic in my head told me that contrary to the Fed’s threats to raise interest rates in June they wouldn’t.

They didn’t.

Gloat, gloat.

Mind you, although I’m taking all the credit that’s going, it wasn’t that hard to figure out. Despite that it did seem to be beyond most of the ‘financial advisors’ who just swallow whatever government crap that’s going and act accordingly – and usually lose money.

So it wasn’t a great surprise to me when on Friday past, after an announcement from the Bureau of Labor Statistics that reported 280,000 jobs created in May, the promised interest-rate hike expectations have moved back to this September. My guess is still that interest rates will remain near zero for considerably longer than that. (I explained my reasoning in that other post just referred to.)

SNAFU they say in the army.

For those who don’t know, SNAFU means ‘situation normal, all f***ed up’, because that’s how it always seems in the military. Usually however they muddle through because they can always count on being bailed out by the government.

With the government it’s different. There’s no one to bail them out.

US-Gross-National-Debt-1972-2014-B

The American economy, which is currently built around a staggeringly enormous debt of $18 trillion, is slowing.

Add to that equation sluggish economic recovery on the back of a collossal and prolonged printing of money by the Fed — Quantitative Easing, they called it.

And you do not have a sound enough foundation to support raising interest rates.

Some wiser voices in the Fed – maybe just a wise voice – realize the whole thing is out of control. The Fed has hinted, prodded and sometimes just asked plainly for the government to stop reckless spending habits. But the government hasn’t tightened its belt, nor doesn’t seem likely to.

dollar bill stash

What this really means is that a hike in interest rates too soon or too fast risks not only a market crash, but also a catastrophic mess for the government — and as I said in  my previous article on the subject 2016 is an election year so there probably won’t be much boat rocking going on.

Stay tuned for what happens in September, I still have some humble pie in the freezer if I need it.

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