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 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(1104)

Disney World, Paul Krugman, and Market/Economic News – Ep. 75

Disney World, Paul Krugman, and Market/Economic News – Ep. 75

* Disney's theme parks are a monument to capitalism as it existed when Walt Disney envisioned Disneyland * The Hall of Presidents, however manages to honor presidents who supported big government ove...

19 Huhti 201528min

Bad Economic News… When It Rains, It Pours – Ep 74

Bad Economic News… When It Rains, It Pours – Ep 74

* Dollar usually drops on bad news but rallies because traders automatically buy on the dip * Bad news is dismissed because the first quarter "doesn't count" * This puts greater pressure on the last...

16 Huhti 201518min

Markets, Economic Data, & The Ben Bernanke Book – Ep. 73

Markets, Economic Data, & The Ben Bernanke Book – Ep. 73

* Markets continue to rally worldwide * Record highs overseas - much more action in Asia * Markets riding a sea of liquidity * Gold had an interesting week, closing at 1207 * The dollar had one of...

11 Huhti 201521min

Sexist Female Reporter Refuses to Apologize to Male Victims – Ep. 72

Sexist Female Reporter Refuses to Apologize to Male Victims – Ep. 72

* Big double standard in the media regarding "sexism" * Rolling Stone story based on complete fiction about a woman who claimed she was raped in a fraternity house * The reporter accepted the woman'...

8 Huhti 201518min

Media’s “Rand Paul Can’t Win” Nonsense – Ep. 71

Media’s “Rand Paul Can’t Win” Nonsense – Ep. 71

* Media's take: Why run for President if you can't win? * "He's too Libertarian to win" * "He is not as Libertarian as his father" * "Rand Paul is closer to the mainstream than his father" * His chanc...

8 Huhti 20159min

Frontline Perspective on the Government’s War on Liberty – Ep. 70

Frontline Perspective on the Government’s War on Liberty – Ep. 70

* When employers empower certain groups with special privileges they become clubs with which to beat the employer * Employers are then reluctant to put themselves in a position to be bashed with that...

7 Huhti 201519min

Market’s Delayed Reaction to the Jobs Report – Ep. 69

Market’s Delayed Reaction to the Jobs Report – Ep. 69

* Markets are finally getting a chance to react to worst jobs report in two years * March non-farm payrolls coming in at about half of forecast * Dollar was off about 1% on FOREX * Stock futures we...

7 Huhti 201515min

Will April Showers Rain on the Wall Street Excuse Parade? – Ep 68

Will April Showers Rain on the Wall Street Excuse Parade? – Ep 68

* April Fool's Day and all the fools are buying U.S. stocks * Atlanta Fed GDP Now Estimate for Q1 GDP finally down to zero * Despite the fact that the economy is worse than the 2008 crisis, Wall Str...

2 Huhti 201525min

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