Posted on 08/24/2015 11:53:54 AM PDT by E. Pluribus Unum
The Dow Jones opened down over 1,000 points Monday to the consternation of most investors — but to the likely political benefit of one Donald J. Trump.
Those once again predicting we’ve reached “peak Trump” may need to reevaluate that position if the market continues to slide. Trump is the type of candidate who will only benefit in a period of economic uncertainty, or even calamity.
Trump’s whole campaign pitch is that he is the billionaire businessman who will save America from the rapacious special interests, greedy investors and “cunning” foreign actors that have combined to sell America’s middle class down the river. Only a man of his accomplishment, ability and insider knowledge, he preaches, can make America great again.
If the stock market continues to head south and Americans begin to fear for their economic future, Trump’s appeal will only increase, especially when none of his rivals can boast the type of business experience or success he does. Trump is already viewed as best able to handle the economy by Republican voters by a wide margin, according to a recent CNN poll.
Now, this is not to say that any of this should be the case. Trump’s economic proposals could very well lead to trade wars and economic catastrophe. But for many ordinary Americans who see the stock market crater and fear the world may soon fall in around them, there could very well be a desire to seek the safety of a strongman, especially one who promises he’ll make all their problems go away if America just trusts him with the reigns of power.
It’s reins of power, or reign of power, but not reigns of power.
It never rains in southern California
If the economy collapses, it certainly won’t help the Democrats. The Republicans can win the White House and see a congressional sweep like 2010.
It would be good for two people.
Trump, and Elizabeth Warren. For very different reasons.
Households just saw $1.8 trillion in wealth vanish
I had a cousin inherit a million dollars plus, then lost it all in the dot com crash. She went from secretary to rich to secretary in a matter of two yrs.
The Republicans need to start planting people with Bernie telling him to run third party.
Funny thing about Bernie is that he is not even a registered Democrat...yet he might be the Democrat nominee for president.
If Burney even thought about running 3rd party, he’d get a late night phone call inviting him to Fr. Marcy Park.
“Bernie telling him to run third party.”
****
If there’s a Biden/Warren coalition backed by Obama/ValJar, Hillary may have to run third party.
http://www.freerepublic.com/focus/f-news/3328640/posts
DONALD TRUMP Weighs in on Market Crisis: “I’ve Been Telling Everybody… China Could Bring Us Down”
Gateway Pundit ^ | 08/24/15 | Jim Hoft
Posted on 8/24/2015, 12:21:48 PM by Enlightened1
Donald Trump weighed in on the market crisis today. He even dropped the “d” word.
“Depression- be careful of China! https://instagram.com/p/6xT08ZGhQc/";
Donald Trump warned Americans on Instagram:
“I’ve been telling everybody for a long time China is taking our jobs and taking our money. Be careful they’ll bring us down. You have to know what you’re doing. We have nobody that has a clue.”
Donald also posted about the crisis on Twitter:
“@ZephyrusMatrix: Will you finally get respect for predicting U.S. concerns even weeks before disaster strikes.The country needs a visionary”
What a pathetic and hypocritical article. This nation is already in a mess. Maybe Mr. Trump could assist in getting us our of this mess and maybe not, but those that have been in power cannot or do not wish too, and if re-elected would only make matters worse.
>>If there’s a Biden/Warren coalition backed by Obama/ValJar, Hillary may have to run third party.
If Obama/Valjar want Hillary gone, they’ll have her arrested and thrown in prison. It’s not too difficult.
If Biden and Warren do run, it should be funny - a plagiarist running with a fake Native American.
That would be excellent!!
What if Trump is a Rat plant and the down-turn and its timing is contrived by the Rats to run the people into Trump’s fold? This has been a little too easy for Trump to suit my taste. I smell a Rat.
What if Cruz is a Rat plant and the down-turn and its timing is contrived by the Rats to run the people into Trump’s fold? This has been a little too easy for Trump to suit my taste. I smell a Rat.
What if Carson is a Rat plant and the down-turn and its timing is contrived by the Rats to run the people into Trump’s fold? This has been a little too easy for Trump to suit my taste. I smell a Rat.
What if Fiorini is a Rat plant and the down-turn and its timing is contrived by the Rats to run the people into Trump’s fold? This has been a little too easy for Trump to suit my taste. I smell a Rat.
What if...
http://www.ontheissues.org/donald_trump.htm#Tax_Reform
Donald Trump on Tax Reform
Click here for 10 full quotes on Tax Reform OR other candidates on Tax Reform OR background on Tax Reform.
One-time 14% tax on wealthy to pay down national debt. (Jun 2015)
4 brackets; 1-5-10-15%; kill death tax & corporate tax. (Dec 2011)
Cutting tax rates incentivizes a strong national work ethic. (Dec 2011)
Previously supported wealth tax; now supports Bush tax cuts. (Apr 2011)
Repeal the inheritance tax to offset one-time wealth tax. (Jul 2000)
Simplify tax code; end marriage penalty & other hidden taxes. (Jul 2000)
Opposes flat tax; benefits wealthy too much. (Jul 2000)
Personally avoids sales tax, but knows many people like it. (Dec 1999)
One-time 14.25% tax on wealth, to erase national debt. (Nov 1999)
Tax assets over $10 million, paid over 10 years. (Nov 1999)
I don’t believe there are many accidents in American politics. For now, I am keeping my eyes and ears open, and my powder dry.
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