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)

The Fed Brought a Knife to an Inflation Gun Fight - Ep 873

The Fed Brought a Knife to an Inflation Gun Fight - Ep 873

· People who think that we've seen the worst of inflation are wrong. · Surge in credit card debt proves labor market is weak.· Ronald Reagan’s tax system was the closest we’ve been to a flat tax since...

19 Helmi 202348min

CPI Shows Disinflation Trend May Have Turned - Ep 872

CPI Shows Disinflation Trend May Have Turned - Ep 872

· Biden putting America in much more vulnerable position with continued selling of strategic oil reserves.· Replacing full-time jobs with part-time jobs is not a sign of a strong labor market.· The Na...

15 Helmi 202337min

Neither Biden nor Powell Understands the State of the Union - Ep 871

Neither Biden nor Powell Understands the State of the Union - Ep 871

· As an American, Biden’s State of the Union was horrible.· Inflation Reduction Act will increase prices.· Republicans supporting Trump deficits paved the way for Biden deficits.· Biden is cutting Soc...

9 Helmi 202343min

Risk-On, Economic Understanding Off - Ep 870

Risk-On, Economic Understanding Off - Ep 870

· Short covering fuels tech rally.· Good news on the economy is bad news for the market.· Fewer people have full-time jobs today than 10 months ago.· The media is racist.Sign up for a $1/month trial p...

6 Helmi 202348min

The Fed Can’t Fight What It Doesn’t Understand - Ep 869

The Fed Can’t Fight What It Doesn’t Understand - Ep 869

· As expected, the Fed did exactly what was expected.· Gold trades highest it’s been in almost a year.· Government causes inflation, not consumers.· Investors are seeing through the outliers when it c...

2 Helmi 202340min

Government Worsens Every Problem It Tries to Solve - Ep 868

Government Worsens Every Problem It Tries to Solve - Ep 868

· Weakening dollar will worsen trade deficit.· Fed is nowhere near victory in inflation fight.· Google does not have a monopoly on advertising.· San Francisco wants to incentivize African Americans to...

29 Tammi 202354min

Davos Investors Are Skiing Towards a Debt Cliff - Ep 867

Davos Investors Are Skiing Towards a Debt Cliff - Ep 867

· Growth stock will rollover and make new lows in 2023.· Gold hit new 9 month high on the week.· While tech stocks are rising, their headcounts are falling.· New economic data blows away low-end expec...

21 Tammi 202344min

Soaring Consumer Credit Means Higher Consumer Prices - Ep 866

Soaring Consumer Credit Means Higher Consumer Prices - Ep 866

· The Fed will surrender to inflation in 2023.· Recession will be the Fed’s next battle, and they’ll lose that too.· Inflation is expanding with money supply and credit supply.· Consumers in debt are ...

11 Tammi 202342min

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