French for Trump OUZILLY, France – There are two ways you can destroy a country: pull down its money or build up its military. Usually, they go hand in hand – one hand ruining the economic body, the other attacking the soul. “I would vote for Trump.” The remark last came from an unlikely source. The French press treats Trump like a clown or a con artist. Until last night, we had not encountered a single Frenchman with a favorable view of the Republican candidate. We usually sink in our chair when the conversation turns to U.S. politics. “Are you voting for Hillary?” they ask, assuming the answer is surely yes. “No,” we say. Then we get a look of deep suspicion. “You mean you are voting for Trump?” “Not either,” we reply. Then we have some explaining to do. “I don’t want to encourage them,” we begin. The conversation generally goes downhill from there. But last night, it was our companion who had some explaining to do – not so much to us, but to our other open-mouthed guests: “Trump is a guy who has made a career in the real world. He knows something about how an economy actually works. Yes, of course, he appears vulgar and ignorant. But that’s because he understands how the press actually works. “He has built a public persona to capture media attention.
Topics:
Bill Bonner considers the following as important: Adam Walinsky, Debt and the Fallacies of Paper Money, Donald Trump, Featured, Francois Hollande, Hillary Clinton, newsletter, On Politics
This could be interesting, too:
Frank Shostak writes Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle?
Swissinfo writes How the poorest country in Europe is integrating 120,000 Ukrainian refugees
Vibhu Vikramaditya writes Liberty Squandered: The English Tradition from Magna Carta to Empire
Mark Thornton writes Gold Is the Answer to Prohibition
French for TrumpOUZILLY, France – There are two ways you can destroy a country: pull down its money or build up its military. Usually, they go hand in hand – one hand ruining the economic body, the other attacking the soul. “I would vote for Trump.” The remark last came from an unlikely source. The French press treats Trump like a clown or a con artist. Until last night, we had not encountered a single Frenchman with a favorable view of the Republican candidate. We usually sink in our chair when the conversation turns to U.S. politics. “Are you voting for Hillary?” they ask, assuming the answer is surely yes. “No,” we say. Then we get a look of deep suspicion. “You mean you are voting for Trump?” “Not either,” we reply. Then we have some explaining to do. “I don’t want to encourage them,” we begin. The conversation generally goes downhill from there. But last night, it was our companion who had some explaining to do – not so much to us, but to our other open-mouthed guests: “Trump is a guy who has made a career in the real world. He knows something about how an economy actually works. Yes, of course, he appears vulgar and ignorant. But that’s because he understands how the press actually works. “He has built a public persona to capture media attention. It was the only way an outsider like him could win the nomination. In private, he is a very different person. He is thoughtful and intelligent. At least, that is what I read. “Hillary is just like [French president] François Hollande and almost the entire political class of Europe. They are professionals at one thing only: getting in office and holding on to power. “They have no idea how the real world works. They’ve never had a job. Or a business. Or any real contact with the world most of us live in. So, they inevitably make a mess of whatever project they are involved in. “From one failed project to another… one unfulfilled promise to another one… one disaster to another. “Trump is different. He might actually succeed.” |
Polls Clinton Sanders Trump Cruz France(see more posts on Donald Trump, Hillary Clinton, ) |
Another WorldPoliticians are different from the rest of us. We have to create wealth (even if it is as humble as digging a ditch) to survive. For most people, work is not a hobby. We are not dilettantes who can shuffle from one loss-making, flibbertigibbet enthusiasm to the next. We have to do something that other people are willing to pay us for. We have to succeed to pay the bills. Failure is not an easy option. Our lives depend on it. Politicians and their cronies live in another world. What? QE didn’t work, you say? What? The War on Drugs hasn’t reduced drug use? The War on Poverty hasn’t reduced poverty? The War on Terror has created MORE terrorists? You don’t say… really? Well, we’ll just spend more (of your) money on them! What? Our budget is half a trillion in the red? We’ll just borrow more money; besides, it will stimulate the economy. The Parasitocracy doesn’t create wealth. Instead, it lives on the wealth of others. And lives well! |
|
Federal AdvantageThe Washington, DC, area now has the highest house prices in the nation. USA Today puts it as the third richest city, after San Francisco and San Jose. The median two-bedroom apartment in DC now rents for $3,100, according to Money Watch. That’s $500 a month more than in LA. But inside the Beltway they can afford those rents. Federal employees earn 78% more than similar workers in the private sector. Breitbart:
In other words, taking is better paid than making. People who work for the feds earn more than those who add real wealth. |
Federal Government vs. Private Sector(see more posts on private sector, ) |
Party of WarBut it is not the threat to his purse that draws another unlikely endorsement of the New York real estate developer. Adam Walinsky, lifelong Democrat and former speechwriter for Robert Kennedy, tells us why he, too, is voting for Trump:
Walinsky believes Trump will take his foot off the gas – slowing down the war machine:
Trump: shrewd businessman who will buck the Establishment? Or jackass shyster without a clue or a prayer? You decide! |
Chart by: Cato Institute
Chart and image captions by PT
The above article originally appeared as “French for Trump” at the Diary of a Rogue Economist, written for Bonner & Partners.