Tag: President Trump
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The President of the United States has too much power
I’ve said thousands of times, both publicly and privately, that Congress has abdicated its power to the President, effectively creating a de facto king every four years. The Trump Administration is no different from other administrations in exercising the power afforded to it. The only exception is the speed and breadth of its actions. My…
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Trump Administration embraces socialism, nationalizes Intel
It was announced today the U.S. government will take a 10% stake in Intel. They say they won’t have a seat on the board or play any major role in the company’s governance but what major stockholder doesn’t have a major say in the direction of the company? At 10% the U.S. government will be…
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I guess no new wars is off the table
Trump campaigned on no new wars. Yet, with Israel’s attack on Iran and Trump effectively saying the United States gave the green light obliterates his campaign promise of no new wars. Trump was supposed to be the guy that gets us out of these quagmires. From November 2024. This was just 24 hours ago. This…
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Don’t blame Trump for expanding his power. Blame Congress and us.
I’m very bored by all the noise about Trump’s over steps. What the fuck did people expect? The public, fueled by media (legacy and new), seems to love being pulled in one direction or the other and give their blind faith to the guy in power that is from their tribe. Trump isn’t to blame…
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Trump is trying to shove the globalism toothpaste back in the tube and it’s making a mess
What a mess! To protect your sanity, and in the interest of keeping a cool head, I recommend you just don’t look at your portfolio this week… or maybe this month… heck maybe this year. The point is, don’t panic, don’t lose your cool, and if you have an investment strategy that plans for downturns…
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Trump’s tariffs and the rest of the world
I’m in Paris right now and decided to tune into some news channels in Paris. The coverage of the tariffs Trump announced yesterday is hilarious. The world is in panic and talking about economic collapse. What this should tell you, as an American, is the rest of the world not only is dependent on the…