she sure got enough panties in a twist that's for sure
Posted on 12/24/2016 9:16:10 AM PST by Helicondelta
Ray Dalio, the founder of Bridgewater Associates, the world's biggest hedge fund firm, says people should expect a major shift under President-elect Donald Trump.
"Regarding economics, if you haven’t read Ayn Rand lately, I suggest that you do as her books pretty well capture the mindset," he wrote in a LinkedIn post on Monday. "This new administration hates weak, unproductive, socialist people and policies, and it admires strong, can-do, profit makers."
The post continued:
"It wants to, and probably will, shift the environment from one that makes profit makers villains with limited power to one that makes them heroes with significant power. The shift from the past administration to this administration will probably be even more significant than the 1979-82 shift from the socialists to the capitalists in the UK, US, and Germany when Margaret Thatcher, Ronald Reagan, and Helmut Kohl came to power."
Dalio described Trump as a " deal maker who negotiates hard, and doesn’t mind getting banged around or banging others around." He added that the president elect had picked a team of people who are "bold and hell-bent on playing hardball" to enact change in economics, foreign policy, education and environment policies.
"It is increasingly obvious that we are about to experience a profound, president-led ideological shift that will have a big impact on both the US and the world," he said.
(Excerpt) Read more at businessinsider.com ...
Merry Christmas.
And it will be quite refreshing!
Obama/Hillary/Socialist == Champions of MEDIOCRITY
Trump/Capitalists == Champions of MERITOCRACY
I’m so tired of the Polically-Correct “Everybody gets a trophy” brainwashing that we have been suffering through in the past 8 years.
It’s time to encourage excellence.
Where do the involuntary Catholics live now?
“Trump read about as much of that book as he has the Bible, which he couldn’t name his favorite verse.”
No, he was simply smart enough not to give the enemy ammunition. Leftist morons and rightist Pharisees were salivating for him to name his favorite verse so they could attack. he laughed at your amateurish attempt and walked away.
Thanks, I guess I did understand it, but the context is good.
welcome. Aristotle quote, but Rand/Galt in essence
You mean, he’ll bugger off and create an ideal society of, by and for the able, can-do people who’ve also buggered off, and wait ‘til the socialists destroy everything before coming back to take over? That hardly sounds like Trump, but that’s Atlas Shrugged. I read through it once. Never again.
You didn’t miss much. Unfocused rambling.
The Left remains unconverted. The right remains appalled at the gratuitous attacks on religion. Writers remain appalled at the rambling, never-ending, unfocused speech that she probably thought of as some profound treatise.
I’ve lost patience with novels and poetry. Working on DeTocqueville in English translation, and Aristophanes’ Lysistrata in original Greek with help of translation that tries to avoid accurately translating the dirty jokes, still trying to master Arabic against growing sense of hopelessness. And of course Hebrew and Aramaic books of Jewish theology and law.
Gave up on Rand midway through Fountainhead, but after reading We The Living (actually quite good), Anthem, and Atlas Shrugged. The Libertarians can keep her.
I’d rather listen to David Brubeck’s Quartet play. His music means something new every time I hear it.
she sure got enough panties in a twist that's for sure
She has a gift for description, but her uncontrolled didactic urges wrecked her as a writer.
‘What should I have been, and how should I have spent my life, if I had not had these beliefs, if I had not known that I must live for God and not for my own desires? I should have robbed and lied and killed. Nothing of what makes the chief happiness of my life would have existed for me.’ And with the utmost stretch of imagination he could not conceive the brutal creature he would have been himself, if he had not known what he was living for.
‘I looked for an answer to my question. And thought could not give an answer to my question—it is incommensurable with my question. The answer has been given me by life itself, in my knowledge of what is right and what is wrong. And that knowledge I did not arrive at in any way, it was given to me as to all men, given, because I could not have got it from anywhere.
‘Where could I have got it? By reason could I have arrived at knowing that I must love my neighbour and not oppress him? I was told that in my childhood, and I believed it gladly, for they told me what was already in my soul. But who discovered it? Not reason. Reason discovered the struggle for existence, and the law that requires us to oppress all who hinder the satisfaction of our desires. That is the deduction of reason. But loving one’s neighbour reason could never discover, because it’s irrational.’
In our world, it will be run-away inflation with recessions to keep it under control.
Better a recession than a Demoncrat Depression.
Bond money went into equities when the Federal Reserve recently raised interest rates for the first time in the Obama era. The equity rally is not a long-term trend but only a reaction to the Federal Reserve. Bond prices have predictably fallen thereby causing a predictable shift out of bonds into equities.
The other action made in response to further expected Fed tightening is in using the nearly free money received by the investment banks to buy back their stocks. This is one of the driving reasons why the stock market indices have been going up for years because of the cheap almost free money made available to the large investment banks on Wall St. and their large corporate partners and holdings. The stock buybacks are a large factor in the stock market bubble.
If you’ve been reading report summaries of how the Federal Reserve is planning to stick it to the Trump Administration with a seemingly never-ending series of interest rate hikes, then you know they are now out in the open as a politicized organization. They’re not even trying to hide it anymore.
http://www.zerohedge.com/news/2016-12-22/federal-reserve-initiates-end-game-trump-heads-white-house
What they should have done years ago under Obama, they are now planning to do to Trump.
The stock market is in a bubble. That’s not speculation, that’s reality. One revealing reason is that only those stocks (and their partners or holdings) that are associated with indexes have been pumped up. The underlying stocks outside of these favored stocks are miserable. The indices are rigged and appear as window dressing for the progressive years under Obama. There is no underlying optimism that equities are where one needs to be. This is not opinion but analytical fact. When one examines the composition of indices and looks at comparable stocks outside the indices, a disconnect is observed. The analysis has been done and the disconnect proven.
After the bond prices have stabilized, the shift will reverse from equities back to bonds as money managers buy back into bonds cheaper. The Obama indices will no longer be propped up as cheap nearly free money is no longer available for stock buybacks to components of market indices.
Dalio’s Bridgewater Associates are not wrong. You’re looking at a few weeks. They’re looking at a year to two years as they always do.
He doesn’t have to wait for the socialists to destroy everything, they already have.
There’s still a bridge or two across the Mississipi, and tunnels through mountains. Civilization is still functioning. Trump has, I’m sure, read Atlas Shrugged, but this election and his transition is not a page borrowed from it.
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