David Stockman: The Undrainable Swamp & The Inevitable Recession

• For the record, Donald Trump has my sympathies. I won’t take the job of POTUS even if they pay me US$1Billion/year, not that I am of sufficient calibre for it. Reality is, for me, if the Donald is able to achieve 30% of what he set out to do, I will rank him as the Greatest POTUS of all time. He has too many ‘Guns‘ aimed at him. Washington DC power is made up of 99% swamp creatures. CFR, Trilateralists, Bilderbergers …..
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• ChrisMartensondotcom Published on Mar 5, 2019
  What the future of the post “Peak Trump” era holds Love it or hate it, the potency of the Trump Administration is on the wane, soon to be stuck in the mire of the Swamp it has deepened instead of drained, while the economy falls into one hell of a recession — so claims former Regan-era Cabinet member and Congressman David Stockman.
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  In his new book Peak Trump, Stockman notes how the wide divergence between Trump the campaigner and Trump the president appears to be proving to be his undoing. Rather than fight to dismantle the institutions he railed against as a candidate — most notably the Deep State and the Federal Reserve — Trump has embraced them. Now, when this latest asset bubble bursts (and Stockman believes the markets saw their peak back in Fall 2018), Trump will ‘own’ that. Having chosen to tie his administration’s success to the rising price of the S&P 500 since taking office, he won’t be able to foist the blame of a market crash on his predecessors. Similarly, the Deep State — especially the military industrial complex — is experiencing a bonanza under the Trump administration. As a result, the Swamp is deeper than it has ever been.

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