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

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Fed Forecasts – Propaganda or Incompetence? – Ep. 246

Fed Forecasts – Propaganda or Incompetence? – Ep. 246

Summary:  Last quarter the Atlanta Fed's Q1 GDP  forecast was 3.4% in February. The most recent number was actually .7%.  After all the negative economic data that came out today suggesting that Q1 co...

2 Maj 201733min

U.S.  GDP Cools As Eurozone Inflation Heats Up – Ep. 245:

U.S. GDP Cools As Eurozone Inflation Heats Up – Ep. 245:

Summary: The Europeans released their inflation numbers today.  Year over year, inflation in the Eurozone are increasing at an average of 1.9%, which is Mario Draghi's objective.  This is a 4-year hig...

29 Apr 201738min

Trump Tax Cuts To Starve The Beast – Ep. 244

Trump Tax Cuts To Starve The Beast – Ep. 244

Summary: President Trump actually delivered on his promise of the largest tax cut in American history, and he delivered it on time.  Trump may have presented a plan with built-in bargaining positions,...

27 Apr 201734min

Spending, Not Taxes, Measures Government’s True Burden – Ep. 243

Spending, Not Taxes, Measures Government’s True Burden – Ep. 243

Summary: Government spending creates the greatest drag on the U.S. economy.  Cutting taxes, even the "biggest tax cut ever" cannot stimulate the economy alone.  So if you're fed up with paying taxes, ...

22 Apr 201741min

Crowd Beginning To Exit Long Dollar Trade – Ep. 242

Crowd Beginning To Exit Long Dollar Trade – Ep. 242

Summary: Goldman Sachs is no longer recommending a long trade on the dollar. The dollar was previously regarded as a conviction trade, first over speculation over Fed rate hikes and then over Trump ex...

19 Apr 201732min

Is Donald Trump The Next Jimmy Carter? – Ep. 241

Is Donald Trump The Next Jimmy Carter? – Ep. 241

Summary: Donald Trump's promises on healthcare and smaller government appear to be fading behind news of increased military spending, infrastructure spending and compromises on health care and tax ref...

14 Apr 201740min

Trump Train Ready To Derail – Ep. 240

Trump Train Ready To Derail – Ep. 240

Summary:  President Trump's campaign promises are falling by the wayside one by one.  First the backfire on the replacement for Obamacare, and then, just as talk of tax reform heats up, the administra...

11 Apr 201731min

Trump Needs To Lead Not Oppose The Freedom Caucus – Ep. 239

Trump Needs To Lead Not Oppose The Freedom Caucus – Ep. 239

Summary: President Trump needs to lead, not oppose.  He is opposing the very forces who put him in office.  By aligning with the mainstream Republican Party, he vacates the opportunity to lead the eco...

31 Mars 201742min

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