One of Loeb's major points, and it's hardly new to anyone who ignores the memes of MSM, is monetary policy from central banks has run its over zealous course. Global growth is still anemic by historical standards, but that doesn't mean we're on the trail of the phony theme, new normal, either.
Despite the seeming paradox, a new normal implies more of the same. Not at all. Loeb calls this election the "most bizarre" in the nation's history. We definitely take issue with that premise. We think, as we've written many times before, it's been the most healthy. The elites who run this miasma are kick-the-can specialists. A touch-up here, one there and it's business as usual. It's the whiny Jamie Dimon, CEO at JP Morgan, a while back saying after the Brexit vote, there was still time to change your mind. It's the ubiquitous Goldman Sachs financial tentacles.
Loeb writes as if he's separate from this crazy cycle. He isn't. He's one of the elites. If a new broom is going to sweep clean, it has to sweep clean. The election process he apparently so rues has been just as corrupt all along as this one, but now it's in-your-face corrupt. That's the lack of phony civility the NeverTrump crowd laments so much. Two parties with their corrupt delegate system get to decide who you get to vote for? They have a name for that; it's a fake one, democracy. Translations: their dollars buy more influence than yours.
Just today Goldman is in the news for taking a position in a derivative firm that deals in "reg tech,"
software that specializes trading regulation technology, most likely a growth industry given the growing outcry for more financial regulation. It the bureaucrats' modern-day version of the Marginaux Line. You can almost bet it will end up costing you, the taxpayer, money.
There's 5,300 lobbyists in Washington and nobody smells influence and corruption? Today's WSJ carries a story about the backlash Hispanics for Trump face. Nobody talks about that corruption. It's called thuggery. Lobbyists suffer from a sleep disorder. No, it's not sleep apnea though most of their BMIs are probably over the line from all the booze and rich foods they wolf down. They dream of making payoffs.
As The New York Post reports, about three minutes into her 20-minute stump speech, a heckler shouted “Bill Clinton is a rapist!” as he waved a neon green sign declaring the same statement.
Clinton pointed a finger at the protester, and raged...
"I am sick and tired of the negative, dark, divisive, dangerous vision and the anger of people who support Donald Trump."
"It is time for us to say no, we are not going backwards, we’re going forward into a brighter future," a hoarse-voice Clinton added.
This comes from a lady who knowingly sent paid roughnecks to Trump rallies to disrupt and start fights. Even beat people up for what, expressing their so-called free speech rights? This is a lady on record for suggesting droning the WikiLeaks perpetrator. Assassinate your enemies,verbally or otherwise, it's a Clinton tactic MSM loves to ignore.
We have slow global growth and rising inflation. Pay attention. You're on your own. The central bankers around the globe are much more likely to do the wrong rather than the right thing. It's in their genetic code.So figure out what that means for you and do it.
zerohedge.com/news/2016-11-02/dan-loeb-discusses-most-disappointing-and-bizarre-election-our-country%E2%80%99s-history
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