Rich Democrats Secretly Prefer Trump to Warren – Ep. 513

Rich Democrats Secretly Prefer Trump to Warren – Ep. 513

Why is Michael Bloomberg Actively Preparing to Enter the 2020 Presidential Race?
I want to talk a little bit about Michael Bloomberg, entering the primary - and the reason that I think Michael Bloomberg is in. Bloomberg is now a Democrat, but he was a Republican. He served as mayor of New York as a Republican for 2 terms. Then, I think he served a third term as an independent. But he was a Republican and now he's a Democrat. The reality is, he is a very middle of the road guy. He's a liberal Republican or a conservative Democrat. But conservative Democrats have not place in the modern Democrat party. I think Bloomberg's motivation to throw his hat in the ring is the diminishing prospects of Joe Biden. Initially, everybody thought, "OK, Joe Biden's the guy." I think Michael Bloomberg was fine with a President Biden because it represented a continuation of the status quo and the status quo has been very good to Michael Bloomberg, do why wouldn't he want to continue that status quo?
Socialists are Frankenstein's Monster Consuming the Democratic Party
But with the rise of Elizabeth Warren and Bernie Sanders and the increasing likelihood that Warren could actually be the next President, I think that scares the hell out of Mike Bloomberg and I think it also scares the hell out of Mike Bloomberg's rich friends who are also Democrats. This is an example of Frankenstein and the monster. Baron Von Frankenstein created a monster and then Frankenstein's monster turned on its creator. And I think that's what these limousine liberals have done with the Democrat party. They have created this monster and now the monster is about to consume them.
Rich Democrats Would Rather Re-Elect Trump Than Support Warren or Sanders
I think what wealthy liberals are afraid to admit is, as much as they claim they don't like Donald Trump (and some of them don't like Donald Trump) they dislike Warren even more. A lot of these rich Democrats would rather see Trump re-elected than have Warren or Sanders elected. Now they don't want to come out and admit that, but they don't want to support a socialist. They're not that crazy - but they don't want the rest of the crazies in the Democratic party to know that. Our Sponsors: * Check out GhostBed: https://ghostbed.com/PETER * Check out Quince: https://quince.com/GOLD * Check out TruDiagnostic and use my code GOLD20 for a great deal: https://www.trudiagnostic.com Privacy & Opt-Out: https://redcircle.com/privacy

Jaksot(1105)

CNBC Calls Me Out on Gold – Ep. 126

CNBC Calls Me Out on Gold – Ep. 126

* Recording this podcast on Monday afternoon; the stock market closed about an hour ago, and the stock market was up over 100 points today, but the more dramatic days happened on Thrusday and Friday ...

22 Joulu 201528min

Janet Yellen Gets Nuts – Ep. 125

Janet Yellen Gets Nuts – Ep. 125

*  Yesterday, the Federal Reserve finally met market expectations and increased interest rates to .25% * Actually, the official rate was 0 - .25 and now, the official rate is .25 to .5 * The actual ...

18 Joulu 201532min

Is the Fed Playing Chicken With the Stock Market? – Ep. 124

Is the Fed Playing Chicken With the Stock Market? – Ep. 124

* The U.S. stock market finished up its worst week since August, when everybody though a rate hike was just around the corner * Substantial triple-digit losses across the board * The Dow Jones close...

12 Joulu 201528min

Data Be Damned, Rate Hike Ahead?

Data Be Damned, Rate Hike Ahead?

* We are just about a week away from the Federal Reserve's first rate increase in about 10 years * Everybody believes the stage is set for liftoff based on the most recent better than expected Non-Fa...

8 Joulu 201530min

Draghi Fails To Deliver. Will Yellen Be Next? – Ep. 123

Draghi Fails To Deliver. Will Yellen Be Next? – Ep. 123

* Mario Draghi of the ECB sent shockwaves through the foreign exchange and currency markets today * He didn't deliver the stimulus traders expected * The big question is, will Janet Yellen surprise ...

4 Joulu 201530min

Yellen’s Confidence Defies Data, Logic, and Common Sense – Ep.122

Yellen’s Confidence Defies Data, Logic, and Common Sense – Ep.122

* The price of gold was down another $15 today, a 6-year low * Selling began early this morning following a better than expected jobs report from ADP * This is private payrolls released a couple of ...

3 Joulu 201528min

Weak Holiday Sales Confirm The Best Bargain Is Gold – Ep. 121

Weak Holiday Sales Confirm The Best Bargain Is Gold – Ep. 121

* I am recording this podcast on Cyber Monday * Cyber Monday first got its name because e-commerce wanted its own version of Black Friday * It's losing some significance, given it is losing some of ...

30 Marras 201539min

Retailers May Still Be In The Red After Black Friday – Ep. 120

Retailers May Still Be In The Red After Black Friday – Ep. 120

* Tomorrow is Thanksgiving Day, one day before Black Friday * The one day of the year where Americans make their annual pilgrimmage there they stampede to the nearest mall to buy stuff they really do...

25 Marras 201536min

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