Game Change: Trump Consults with Sen Jeff Sessions on Immigration Strategy

Obama’s B.C. ...

You don’t really want to go down that road, do you?

Again, if Trump were anything less then sincere in his business promises he’d not be worth TEN BILLION Dollars. Nobody is going to continue doing business with a schmuck - the juice goes out that you are not a man of your word, you do not get handed multi-million dollar projects to manage.

And BTW, nobody does anything for nothing. Everyone has a self-interest - everyone has an angle - no matter how benevolent or philanthropic. Even the Church has a self-interest: the saving of souls for God. But perhaps you are the exception to the rule? You expect absolutely nothing in return for whatever service you render. If that is the case, then perhaps you might consider changing your screen name to Saint Catherine.

These derivatives are truly scary. I have a series 7 license and I try to keep up but those credentials cannot even put me in the same galaxy with the whiz kids who are writing whole new conceptions in securities every day which the market can scarcely define, which the people do not understand and which are largely unregulated. The immense amount in absolute terms of the dollars, or the obligations expressed in some currency, circulating somewhere in the ether is so enormous that no government, indeed not the wealth of the whole world if rendered down like gold plate, could pay it off.

We saw how these numbers corrupted Moody's and the other agencies as well as the players at AIG and Goldman Sachs and the rest of them. Yet, regulation hardly seems to be a viable option because of complexity and global reach and the inherent arbitrariness and inefficiencies of such regulations. On the other hand, the forces of the market seemed incapable of overcoming greed and balancing the market without government intervention. I see no solution.

Every day the signs grow more ominous of a reckoning in the economies of the world, a calamity which I have often cited as one which is more likely than not, the timing alone being the issue and, should it occur, the impact of these derivatives might be utterly devastating. I fear that neither Trump nor Cruz possess the wherewithal to forestall such a calamity by taking away the sugar from Wall Street-it would probably just move abroad anyway. The money is just too big. My point is it is difficult to conclude whether either man would be more or less corrupt than the other respecting crony capitalism and by extension its far more dangerous excrescence at places like Goldman Sachs. I'm not sure either man could succeed if incorruptible and determined.

Incidentally, I am very pleased with Trump's paper on immigration save only that he fails to emphasize e-verify and the prosecution of employers who hire illegals. That is a profound perhaps fatal omission because it does not remove the incentive for illegals to enter and leaves us shoveling flies as we are, for example, in the drug war which, like the immigration battle, we are also losing.

I'm glad we were able to find a surprisingly broad area of agreement on the merits. All the best.

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.