The New Norm

When Hillary testified before Congress on the Benghazi screw-up, she became noted for her "What does it matter?"comment.

What does it matter is synonymous with "I don't have any skin in the game." It's elitist jabber for "I create these messes. I don't own them." Not my problem. Can't you smelly proletarians recognize Ivy League pedigrees when you see and hear one? Understand free lunches really do exist but only for them. The same goes for responsibility, yours not theirs. Responsibility and proletarians are synonyms in the eyes of the elites. Rarified air belongs solely to the chosen.

When the mother of the Marine who died at Benghazi doing his job spoke at the Republican Convention, Hillary later questioned the mother's memory. This from a woman who claims she didn't recall being briefed on the meaning of the lower case letter c in emailing unprotected classified information, a woman whose handlers claim is notorious for losing her cell phones and publicly admitted to having "mental circuit breakers."

Understand this: the elites are buying gold and building getaway shelters. As in bomb proof. There is the neocon smell of war in the air. Not new. We've written about it before. The masses are finally figuring out zero interest rates are just that, zero. Central bankers are as bankrupt as the economies they're trying to rescue. See Japan, Inc. It's bubble gum, ceiling wax and used string. Forget lava lamps. Look for paper mache' ones made out of $100 bills. You'll find them cheap at your neighborhood daily garage sale.

If Hillary falters, they will roll out the Vermont Bernster, a guy who never had a real job. Anyone who thinks he won't snap to to orders from above probably has a refrigerator full of mood-altering mushrooms. The main meme here is collapse. Joe Biden would be their favorite choice, but rumor has it he's booked up plagiarizing signatures. Somebody's got to count the gold. Elect Trump. Then collapse the markets, central bank and the economy, all under a Republican, sending the frightened, confused masses into the waiting arms of even bigger centralized government. Forget Dolly. It'll be hello Serfdom, the new globalization norm. Free trade and free borders for all. And that includes your neighborhood.

One of the oft repeated falsehoods in this election is a Trump presidency means more fiscal spending and larger deficits. Let's get clear here. It doesn't matter which of these two wins, fiscal spending will rise and the deficit will grow. Who are you trying to kid, this is neocon Hillary and wars cost money.

Much of what's happened in markets of late has been as is often the case unexpected. See the long end of the bond curve. Increasing fiscal deficits and slower than usual growth, new normal or whatever other silly term the elites come up with, just might usher in another unexpected--stagflation.

In case you didn't get it, Hillary's just been a stalking pony all along. Solar panels are nice, but a bomb shelter might be better. A friend recently informed us he looked up bomb shelter in Webster's and found this definition: "See gold."