News Items

Lifelong Democrat and Former RFK Speechwriter Comes Out For Trump

The 2016 election season has been revealing in all sorts of meaningful ways. We’ve seen countless mainstream Republicans, particularly neocons, come out and passionately endorse Hillary Clinton over Donald Trump. More interesting than the fact they did this, was that they actually thought this would damage Trump. In contrast, it has helped him more than they could have ever imagined.
Indeed, as I noted in last week’s post, The Status Quo vs. Donald Trump:

New Report Proves What We Already Knew – The U.S. Economy Sucks

I’m surprised it took this long, but it’s finally become mainstream thinking to acknowledge that the official unemployment rate is little more than nonsensical propaganda. As the emergence of massive populist movements on both the “right” and the “left” have demonstrated, something ain’t right in the U.S. economy, and everyday people get it.
Bloomberg reports:

Wall Street Goes “All In” for Hillary Clinton

Hordes of industry executives will descend on the city to celebrate Hillary Clinton’s nomination for president and renew close associations that vexed the Democratic standard-bearer throughout her primary battle with Bernie Sanders. 
Blackstone, one of the nation’s largest private equity firms, will hold an official reception in Philadelphia on Thursday featuring its president, Tony James, sometimes mentioned as a possible Treasury Secretary in a Clinton administration. 

‘I’ve Never Seen Anything Like This’ – Donald Trump Raises Huge Sums From Small Donors

I’ll be the first to admit I did not see this coming. Back when it was announced Trump had appointed ex-Goldman Sachs banker, Steven Mnuchin, to be his national finance chairman, I assumed this would mean Hillary Clinton-esque oligarch pandering would rapidly ensure. Surprisingly (to me), this has not really been the case.
Indeed, when it comes to raising money from small donors, Trump may have a little Bernie Sanders in him.
Politico reports: