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Twilight in the Land of Trump

Meteor

 

THERE ARE several reasons to believe that the current president just served his first and last full year in office.

Here are some of them:

  • He just delivered the Republican party – or you could say he delivered to its benefactors—the biggest thing he could have given them: a multi-trillion-dollar handout in the form of a tax cut.  In other words, his usefulness just became greatly diminished
  • His unpopularity is eroding the Republican brand terribly: They just lost a “red” Senate seat in one of the reddest states in the union – Alabama
  • His absence would not disrupt much: Pence would do the party’s bidding with all the alacrity of a Boy Scout helping an old lady across the street, but without all the drama and disruption

The above projections come with assumptions surrounding how Trump might leave office. Here are some of them:

  • The Russia investigation could bring enough grounds for impeachment. Republicans would turn on Trump and, with the Democrats, throw him under the bus
  • The growing intolerance for sexual assault will finally float all the way up (the F__K Stops Here?) and the hypocrisy of having a P___y-grabber-in-Chief will make him unacceptable as head of state. He would resign under tremendous pressure
  • He will suffer a medical trauma as a result of his McDonald’s bingeing
  • He will be removed as unfit to serve after initiating a military action that was catastrophic or potentially so

While most of above outcomes would be a big step in the right direction, change is not always a happy thing. When people see their power slipping away, they are most likely to commit acts of desperation. You could see emergency powers and martial law (pages torn right out of the tyrannist’s playbook) as a means to maintain a hold on power.

I’m confident that the clear eyes of history (if they can still see) will view this president as meteorical: He will either have been a fiery orange glow that  provided a brief spectacle then fizzled out, or he will have been a meteorite that crashed into the Earth, leaving an impact crater,  changing the weather, and threatening life as we know it.

 

WRH

 

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3 Comments

  1. Avatar
    Brian
    January 5, 2018 at 10:49 pm — Reply

    So how long do you think the 25,000 Dow Jones rally will last? Will we hit 30,000 in 2018 or will we crash?

    • Avatar
      January 5, 2018 at 11:47 pm — Reply

      As our central bank (this time in concert with other central banks) has done twice already in the last twenty years, they have used so much stimulus that—even though it took many time more stimulus and more time—they managed to create new bubbles. Add to the monetary stimulus a perceived fiscal stimulus and you have an ageing bull market enjoying a ”blowoff top.” It will end badly. Hard to know whether it’s only market forces or a helping hand. It’s going up because it’s been going up. That’s your koan.

      WRH

  2. Avatar
    Lisa Hecht
    January 17, 2018 at 12:03 am — Reply

    He certainly will have changed the weather for the worse, as a climate denier who did the bidding of his fossil-fuel funders to roll back the Clean Power Plan, grease the skids for coal, oil, and gas, and create an even more tilted playing field away from renewable energy and towards fossil fuels.

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