A Republic, If You Can Keep It

Ultimately, the U.S. government is a Mexican standoff and the only one aiming at the Executive Branch is Congress. They, and they alone, have the power to rein in Trump. They have been adamant that they will not, no matter what.

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Now, half the people would want to buy you a beer.

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I have much more than that that about Hitler and the Nazis, and the parallels are so obvious.

Oh for sure. Evans and Kershaw do a great job, as does Max Hastings. I’m no scholar but have been reading the literature on Nazi Germany for several decades now and it’s really scary how most things seem very familiar when watching/reading the news.

Read both of them but not Hastings, I do not think.

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Years ago, I read Overlord, Hastings’ account of the D Day invasion. Great book and well worth the read if you haven’t done so already.

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Oh hey, I have read Hastings. Inferno was great.

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Have you read Catastrophe? I’ve been meaning to track down a copy. I’m utterly fascinated by WWI and heard great things about the book.

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Erik Larson’s ā€œIn the Garden of Beastsā€ is a good read

No, I read WWII, not much WWI at all.

I just bought Overlord.

A totally artificial market collapse.

And Trump isn’t anywhere close to running out of ways to crash things harder. If he somehow fires Fed Chair Powell - a man Trump appointed - the market will find yet another cliff and jump off it.

Larry David hilariously torches what little there is left of Bill Maher and then pisses on the smoldering corpse.

ā€œMy Dinner with Adolf Hitlerā€

https://archive.ph/2BP1F

For those not familiar, Maher decided to go to Mar-a-Lago and got completely played by history’s most successful conman, told the world that Trump’s really an ok guy and now can’t understand why people are pointing and laughing at him.

Next up: Bill Maher has a power lunch with Carter Burke and confirms that - despite working for the company - he’s really an ok guy.

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You might want to sit down for this:

Also on this weekend’s SNL was this tidbit delivered by Bowen Yang as Chinese Trade Minister, Chen Biao about the growing trade war between his country and the United States: ā€œI’m just wondering, which side is more willing to endure hardship for the glory of their nation?ā€ Yang asked. ā€œThe one that’s been around for thousands of years? Or the one that’s sending Katy Perry to space?ā€

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Exactly. One country is a dictatorial oligarchy where people work for pitiful wages without access to basic human needs like healthcare…and the other is China.

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Trump backed off Fed Chair Jerome Powell today, and the Dow has regained almost everything it lost yesterday (sans commissions paid to the banks). That’s a good thing, but the underlying problem remains; when (not if) Trump goes after Powell again, the market will crater again.

It’s so insane because there is absolutely nothing driving the market down other than Trump. When he stops blithering, the market recovers. But sooner or later he is going to blame Powell for all this economic insanity, try to fire him and set off a firestorm on Wall Street.

IMO, the underlying problem is simply Trump himself. Today it’s his threat on Powell. In previous weeks, it was tariffs, repayment of bonds, trashing the rule of law, etc. It’s always going to be something with him, cause he’s a fucking moron.

It baffles me that investors keep rallying after the dips. The writing on the wall has been flashing in neon for a long time.

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I remain convinced that he is going to default on debt payments at some point. After that, there will be economic armageddon from which there is no recovery.

No shit?

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There is some good news from Wall Street:

Musk is under increasing pressure to abandon his efficiency crusade in Washington and get his focus on one of the four companies for which he is purportedly CEO.