Best of the Week
Most Popular
1. Will Gold Price Breakout? 3 Things to Watch… - Jordan_Roy_Byrne
2.China Invades Saudi Oil Realm: PetroDollar Kill - Jim_Willie_CB
3.Bitcoin Price Trend Forecast, Paypal FUD Fake Cryptocurrency Warning - Nadeem_Walayat
4.The Stock Market Trend is Your Friend ’til the Very End - Rambus_Chartology
5.This Isn’t Your Grandfather’s (1960s) Inflation Scare - F_F_Wiley
6.GDX Gold Mining Stocks Fundamentals - Zeal_LLC
7.US Housing Real Estate Market and Banking Pressures Are Building - Chris_Vermeulen
8.Return of Stock Market Volatility Amidst Political Chaos and Uncertain Economy - Buildadv
9.Can Bitcoin Price Rally Continue After Paypal Fake FUD Attack? - Nadeem_Walayat
10.Warning Economic Implosion on the Horizon - Chris_Vermeulen
Last 7 days
Is War "Hell" for the Stock Market? - 19th Apr 18
Palladium Bullion Surges 17% In 9 Days On Russian Supply Concerns - 19th Apr 18
Breadth Study Suggests that Stock Market Bottom is Already In - 19th Apr 18
Allegory Regarding Investment Decisions Made On Basis Of Government’s Income Statement, Balance Sheet - 19th Apr 18
Gold – A Unique Repeat of the 2007 and How to Profit - 19th Apr 18
Abbeydale Park Rise Cherry Tree's in Blossom - Sheffield Street Tree Protests - 19th Apr 18
The Stock Market “Turn of the Month Effect” Exists in 11 of 11 Countries - 18th Apr 18
Winter is Coming - Coming Storms Will Bring Out the Best and Worst in Humanity - 18th Apr 18
What Does it Take to Create Living Wage Jobs? - 18th Apr 18
Gold and Silver Buy Signals - 18th Apr 18
WINTER IS COMING - The Ongoing Fourth Turning Crisis Part2 - 18th Apr 18
A Stock Market Rally on Low Volume is NOT Bearish - 17th Apr 18
Three Gold Charts, One Big Gold Stocks Opportunity - 17th Apr 18
Crude Oil Price As Bullish as it Seems? - 17th Apr 18
A Good Time to Buy Facebook? - 17th Apr 18
THE Financial Crisis Acronym of 2008 is Sounding Another Alarm - 16th Apr 18
Bombs, Missiles and War – What to Expect Next from the Stock Market - 16th Apr 18
Global Debt Bubble Hits New All Time High – One Quadrillion Reasons To Buy Gold - 16th Apr 18
Will Bitcoin Ever Recover? - 16th Apr 18
Stock Market Futures Bounce, But Stopped at Trendline - 16th Apr 18
How To Profit As Oil Prices Explode - 16th Apr 18
Junior Mining Stocks are Close to Breaking Downtrend - 16th Apr 18
Look Inside a Caravan at UK Holiday Park for Summer 2018 - Hoseasons Cayton Bay Sea Side - 16th Apr 18
Stock Market More Weakness? How Much? - 15th Apr 18
Time for the Gold Bulls to Show their Mettle - 15th Apr 18
Trading Markets Amid Sound of Wars - 15th Apr 18
Sugar Commodity Buying Levels Analysis - 14th Apr 18
The Oil Trade May Be Coming Alive - 14th Apr 18
Big Cap US Stocks Fundamentals - 13th Apr 18
Jaguar Land Rover Cuts 1000 Jobs on Diesel Sales Slump, Long-term Discovery Sport Review - 13th Apr 18
Stock Market SPX May Tangle with the 50-day MA - 13th Apr 18
Longtanding Chinese War: Intrigue & Betrayal - 13th Apr 18
How I Own My Gold - 13th Apr 18
ISupply Energy Consumer Warning - Never Put Your Account Into Credit! - 13th Apr 18
SPX Resistance May Prompt A Massive Short Squeeze - 12th Apr 18
Stock Market High Volatility is Not Consistently Bearish for Stocks - 12th Apr 18

Market Oracle FREE Newsletter

Trading Lessons

Deep State Power v. Trump

Politics / US Politics Feb 19, 2017 - 05:45 PM GMT

By: Raul_I_Meijer

Politics

America’s deep state is divided on Trump. He couldn’t have been elected without enough support.

Post-inauguration, things changed. The balance of power shifted against him, leaving him vulnerable, already weakened this early in his tenure, unprecedented for a US president.

His record so far in office is another matter, though too soon to judge him definitively. Still, disturbing signs aren’t encouraging. More on this below.


Jack Kennedy transformed himself from a warrior to a peacemaker. He paid the supreme price.

Trump is no Jack Kennedy - never was, never will be. JFK surrounded himself with young intellectuals as advisors, a cadre he called “the best and the brightest.”

He advocated progressive taxation, increased social welfare including more low-cost public housing, civil rights legislation, medical care for the elderly at a time it was affordable, and federal aid for public and higher education.

He wanted nuclear weapons abolished, the Cold War ended, followed by a “general and complete disarmament.” Heady stuff!

He opposed imperial wars, notably in Southeast Asia. He wanted all US forces out of Vietnam by December 1965.

He believed America should no longer use its might to enforce Pax Americana worldwide. He fired CIA director Allen Dulles and his assistant general Charles Cabell. He wanted to “splinter the CIA into a thousand pieces and scatter it to the winds,” reason enough to kill him.

He supported Palestinian rights. He opposed Israel’s nuclear weapons program. He offended energy giants, wanting their oil depletion allowance cut or eliminated.

Throughout the 1962 Cuban missile crisis, he said he “never had the slightest intention of attacking” the island state.

He favored Federal Reserve reform. His Executive Order 11110 authorized replacing central bank notes with silver certificates.

It’s believed he wanted United States notes issued, returning money creation power to Congress as the Constitution mandates.

Had he lived and won reelection, imagine the possibilities of a transformational administration, unlike any before or since in US history.

Trump’s first month in office wasn’t encouraging. Killing TPP and likely TTIP leaves the proposed Trade in Services Agreement (TISA) unaddressed.

Covering over two-thirds of world trade in services, it aims for deregulating global financial services markets more than already - allowing unrestricted exchange of personal and financial data.

Global Trade Watch director Lori Wallach explained it’ll “roll back the improvements made after the global financial crisis to safeguard consumers and financial stability and cement us into the extreme deregulatory model of the 1990s that led to the crisis in the first place and the billions in losses to consumers and governments.”

Lawyers and lobbyists for bankers and other financial interests wrote the legislation - a wish list for them at the expense of the general welfare, including supranational rules overriding national laws.

Imperial wars still rage in multiple theaters, continuing the horrors under the Clintons, Bush/Cheney and Obama. Trump’s war on immigrants is all about politics, unrelated to protecting America’s borders and national security.

Accomplishing these objectives requires no longer attacking other countries, ending support for ISIS and other terrorist groups, waging peace, not war, as well as fair, not free, trade - creating, not destroying jobs.

Firing Michael Flynn eliminated his key foreign policy advisor, leaving others in his administration vulnerable including himself.

It likely shattered hopes for improved ties with Russia other than possible changes to minor to matter.

Hostile comments from Mike Pence, Nikki Haley and Sean Spicer aren’t what turning a new leaf in bilateral relations is all about - especially given a hostile Congress and major media.

Trump and key administration officials expressed disturbing hostility toward China and Iran. He wants increased spending for America’s bloated military, including boosting its nuclear capability.

After bashing NATO earlier, he now calls himself a “fan” of the alliance. He wants so-called safe zones in Syria Bashar al-Assad opposes. So does Russia without his authorization.

He wants Wall Street deregulated, enabling financial giants to be more predatory than already.

His executive orders on crime fighting and keeping America safe sound ominously like increasing police state powers.

His new FCC chairman said Net Neutrality’s days are numbered. His education secretary wants public education destroyed. His plan to repeal and replace Obamacare promises something worse instead.

His defense secretary is a hardened warrior. James Mattis didn’t earn four stars by waging peace. He and Secretary of State Rex Tillerson expressed hostility toward Russia, China and Iran.

Trump’s first few weeks in office were disturbing, likely indicating what’s to come.

Lofty rhetoric is one thing, policymaking another. America should be great for everyone.

Rising equity prices suggest Trump wants things better for the privileged few - the way it’s always been.

By Stephen Lendman
http://sjlendman.blogspot.com

His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”

http://www.claritypress.com/Lendman.html

He lives in Chicago and can be reached in Chicago at lendmanstephen@sbcglobal.net.

Also visit his blog site at sjlendman.blogspot.com and listen to The Global Research News Hour on RepublicBroadcasting.org Monday through Friday at 10AM US Central time for cutting-edge discussions with distinguished guests on world and national topics. All programs are archived for easy listening.

© 2017 Copyright Stephen Lendman - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules