Make Trump Speaker of the House, Let’s See What He Can Do

The gang of eight led by Matt Gaetz was so unhappy with Kevin McCarthy, they booted him as Speaker of the House. Trump is the perfect replacement for numerous reasons explained below.

BRANDEN CAMP/ZUMA PRESS via WSJ, article discussed below.

There is no requirement for the Speaker of the House to be an elected member of the House, so let’s go for it.

First, can we have some honest answers to some sincere questions.

Q&A of the Day

  1. When Trump was president, did he balance the budget? Did he even reduce the deficit? 1A: No, No
  2. Did Trump prove that trade wars are good and easy to win? 2A: No, the opposite.
  3. Did Mexico pay for the wall? Was the wall built at all? If not, whose fault is that?: 3A: No, No, Trump’s Fault.
  4. Was Trump angry at Republicans for not having even bigger Covid pandemic stimulus?4A: Yes, trump wanted a bigger second round stimulus than he got. Why? To help him get reelected.
  5. What were the gang of eight doing when Trump was President? 5A: Sucking up to Trump.
  6. How many of the gang of eight want to increase defense spending? 6A: All of them. They are not fiscal hawks. They are hypocrites.
  7. Whose fault is it that McCarthy could not get appropriations bills passed? 7A: The gang of 8.
  8. If McCarthy gave in to 100% of the gang of eight’s demands what chance would the bill have had in the Senate? 8A: None
  9. What chance would any Trump-sponsored bill have in the Senate? 9A: None
  10. Is Trump the perfect candidate for Speaker of the House? 10A: Obviously

Supplemental Discussion

  • 3: Trump and Republicans could easily have gotten the wall built. All Republicans had to do was make it a budget reconciliation funding item. That is how Democrats avoided filibusters and passed Biden’s ridiculous Inflation Reduction Act.
  • 7: The Wall Street Journal accurately notes: “McCarthy and his allies said that dissidents had put him in a double bind—spending months blocking him from advancing individual spending bills aimed at imposing deep cuts, only to complain when those same bills hadn’t advanced.” It was never enough for Gaetz.

Key Bonus Questions

  1. Why did Republicans lose the Senate in 2020? 1A: Trump sponsored idiotic candidates in Georgia, Arizona, and Pennsylvania, losing all three. Then in “Stop the Steal” anger, Trump did nothing to help the two Republicans in Georgia runoff elections.
  2. Why did Republicans do so poorly in the House in 2020? 2A: Trump divisiveness and abortion repercussions over Trump judicial appointments. People were sick of Trump.

Give Matt Gaetz the Silent Treatment

Karl Rove says Give Matt Gaetz the Silent Treatment

The other winners on Tuesday were House Democrats, and that was obvious to everyone except the clueless chaos contingent. Democrats laughed at Mr. Gaetz on the House floor after he gave a statement on his motion to vacate, clearly grateful to have such a willing tool in the Florida Republican.

The Gaetz stunt destroyed what little bargaining power congressional Republicans had going into budget negotiations. Mr. Biden can now deal with a weakened and internally divided GOP House caucus. Senate Majority Leader Chuck Schumer will play hardball with the new Republican speaker, whose position will be precarious. The time the GOP spends selecting one and getting him up to speed could otherwise be used to pressure the Senate and White House for spending restraint and policy changes to be agreed on before the next budget deadline in mid-November.

Mr. Gaetz has also given Democrats new opportunities going into the 2024 elections by making Republicans look like dysfunctional losers. A new Gallup poll shows voters tend to agree with the GOP on the issues but dislike the party. Americans—especially the swing voters on which GOP hopes for holding the House rest—will see Mr. McCarthy’s removal as evidence that Republicans don’t have their act together. Who can blame them?

The legendary Speaker Sam Rayburn was right: Any jackass can kick down a barn, but it takes a good carpenter to build one.

Rove Has the Wrong Idea

Rove is correct on every point. However, the key point of his article is totally wrong .

Rove says “Gaetz helped Democrats remove Kevin McCarthy because he wanted attention. The GOP should give him none.”

I respectfully disagree.

Gaetz is hell bent on destroying the party. Since that now appears guaranteed, it’s better to get it over with as quickly as possible.

The way to do that is make Trump the Speaker of the House. Then we can hope Democrats win the House, White House, and Senate in 2024.

With Progressives in total control, Inflation will soar out of sight and bond yields will go to 12 percent. Then and only then will anyone get serious about what the country needs.

We Have to Destroy the House to Save the House

I am not sure why I did not think of this before, but to save the House, we have to destroy it first.

This is all so obvious now. And who better than Trump as speaker to speed up the destruction?

If you think I have this wrong, please challenge my 10 questions, 2 bonus questions, and common sense logic on why we need to destroy the House to save it.

And on the off chance I am totally wrong in my analysis, Trump deserves the chance to prove what he can do.

The setup is perfect whether you like Trump or not.

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Thanks for Tuning In!

Mish

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jeco
jeco
2 years ago

In a truly nightmarish scenario if trump is appointed Speaker and get elected President there’s a good chance he’ll refuse to give up the Speakership prompting a constitutional crisis – if there isn’t one anyway as he proceeds with roundups of political opponents he has claimed he will do. There will be no enforcement mechanism with obedient GOP House under his thumb and a trump subservient DOJ.

When trump loses the 2024 election there will probably be political violence in response, the only question is the scale.

jeco
jeco
2 years ago

Entertaining thinking of trump as House Speaker but it’s too much work for him, it would cut into his golf time.So he tabbed Gym Jordan as his lap dog, when trump calls from the golf course and tells him to jump, his response will be “how high”. But the result will be the same,a complete Clown Car House for the remainder of the term, sabotaging the US government in a last ditch effort to keep trump out of three prison systems competing for his presence.

Bayleaf
Bayleaf
2 years ago

It’s a bit late, but I’ll bite:

– When Trump was president, did he balance the budget? Did he even reduce the deficit?

We were well on our way to balancing the budget. Economy was booming and we relinquished our reliance on foreign oil. We were the biggest exporter of oil. This despite the deception and unrelenting resistance from the deep state at every turn he took.

– Did Trump prove that trade wars are good and easy to win?

Win? Good? The trade war was about reducing our reliance on our foreign enemies for products and services deemed essential to national security. I’d say that’s a good undertaking.

– Did Mexico pay for the wall? Was the wall built at all? If not, whose fault is that?

In a sense they did, but not directly in cash. Mexico agreed to have its military guard the border and hold immigrants in Mexico or stop them from entering from their southern borders altogether. A big part of the wall was built, despite constant resistance from the deep state. Now, finally, Biden is vowing to continue building, no doubt because the deep state thinks the border issue will cost them the election.

– Was Trump angry at Republicans for not having even bigger Covid pandemic stimulus?

Trump wanted to bring back the roaring economy the Chinese government broadsided with their virus. Yes, he thought this would help him win the election. Afterwards, Biden and the deep state milked it for all they could until inflation got out of hand.

– What were the gang of eight doing when Trump was President? Sucking up to Trump.

One would hope so. He had very few trustworthy people he could turn to in government. The deep state recommended most of his appointments. This is the nature of our corrupt government.

– How many of the gang of eight want to increase defense spending?

Do you mean the handful who want to stop sending money to Ukraine? The ones who want peace with Russia?

– Whose fault is it that McCarthy could not get appropriations bills passed?

You mean the last one where they wanted to increase spending yet again? Oh wait, they did pass it. But thankfully his role as speaker has ended.

– If McCarthy gave in to 100% of the gang of eight’s demands what chance would the bill have had in the Senate?

As things stand, stalled government is good government. We should be lucky if all this administration did from now until next election is continually fail to pass bills.

– What chance would any Trump-sponsored bill have in the Senate?

Rule by Executive order baby, at least until we have an honest government. If not, see above.

– Is Trump the perfect candidate for Speaker of the House?

No, we need him to be POTUS

matt3
matt3
2 years ago

I love the idea. Currently, Congress will just pretend to work and then pass a CR. The Congress has been a clown show for many years. Let’s make the show better and more entertaining. We should be getting something for our money.

worthless
worthless
2 years ago

Nothing and I mean NOTHING riles up the low information voter Like the words “Donald Trump”

I’ve never voted for the blow hard but anyone who can drive this many folks this crazy MUST be doing something right, There’s that and the fact that the Republican elites hate his guts too so what’s that tell you?

It tells me that he’s in the way of “their plans” and for my entire adult life “their plans” meant more BS for me. More war, more spending, more debt, more death, higher taxes, more outsourcing, more immigrants taking jobs,

FACEPALM, TDS is a hellava thing

Dr Funkenstein
Dr Funkenstein
2 years ago

Mish for Speaker of the House of Representatives. I am sure he will be better than The Donald, McCarthy, Pelosi (she is lucky McHenry didn’t use a bucket of water to evict her), Gaertz, Sandy AOC, or the corpse of Sam Rayburn

Curt Stauffer
Curt Stauffer
2 years ago

Rove is right about what is needed to purge the anarchist element that has taken control of the Republican Party. I don’t agree that making Trump the Speaker is the way to accomplish this. If one has any respect for our nation, one would never suggest putting Donald Trump in any public service position that would give him any power. What I do agree with is that the Donald Trump “wing” of the party needs to lose spectacularly in 2024 to force the GOP to chart a different and truly conservative course that is more Jack Kemp than Newt Gingrich or Jim Jordan.

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  Mike Shedlock

…as you keep explaining…

Webej
Webej
2 years ago

There’s one thing missing in this discussion:
McCarthy failed to keep his promises: The most important was to have bills with a proposal to pass on its own merits, instead of complex omnibus compromises.
The heart of democracy is rational assent policy proposals.
—Anywhere they have this amount of trading & trucking you know democracy has been subverted.

Webej
Webej
2 years ago

Having Trump as speaker would be great for Rino’s and Dems alike.
The Speaker’s job is full of protocol, rules, rulings, etc.
Trump would never master the intricacies, or even read up about them.

He would be unmasked as an oaf, a candle flickering in the wind.

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  Webej

Would you rather have a latter-day Niccolo Machiavelli as Speaker? The amount of insider trading and influence-peddling that could go on would be something to behold – if you were able to behold it, of course, if it wasn’t censored as “misinformation”…

DJ
DJ
2 years ago

OK, my SOLE reason to have Trump as Pres or speaker is that he is so FN funny. He does not MEAN to be funny other than the name-calling, which I LOVE because I want 100% of Politicians to be punished in SOME way, just short of Execution because I am a good person and death is permanent and extreme.

However, I do want Trump to name-call because I do not expect anything from ANY politician because their jobs are: LIE, CHEAT and STEAL and goal number three is to foist a series of thefts that are colored by the concept that I want to screw you, my Voters, without the benefit of Lubrication.

Bayleaf
Bayleaf
2 years ago
Reply to  DJ

Do you know how many more people today are now like yourself and realize what a bunch of sleaze bags politicians on both sides of the aisle? How many more people today realize that our government is no better than any banana republic?

Bayleaf
Bayleaf
2 years ago
Reply to  Bayleaf

Ever occur to you that Trump is the major reason for this?

TT
TT
2 years ago
Reply to  Bayleaf

if this took until 2023, one is a moron. i figured it out as a teen. decades ago. FFS amerikans are dumbphucks. FFFFdumbphucks.

DJ
DJ
2 years ago

Let’s Color this with a parallel concept: Would you want Trump to Date and Marry your Daughter?

Perfection in requirements that a Parent would have for those who date their daughters:
1. Rule Number one: He WILL NOT screw her on the first date!
2. When she gets pregnant from that first mating moment, he marries her and pays for everything.
3. He does not try to bullshit the Parents about his grades and accomplishments.
4. He goes to Church and Sings in the Choir.
5. He goes out of his way to make sure that everyone else is taken care of at the Christmas Table first before he digs in.

You get the idea. Trump would FUCK HER, LEAVE HER, never PAY CHILD SUPPORT, NEVER go to Church, and always gets his fill first.

Donald Trump is not a good candidate to date my daughter. If you liked this comparison fable, up-vote this post.

TT
TT
2 years ago
Reply to  DJ

i think you gave a bunch of MAGA readers, woodies.

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  DJ

Yes, should fly to Epstain’s island with Bunter Hiden to do some pegging on Billy Bob with Geoffrey Clinton’s Parliament playing the snuff muzak in the background.

Micheal Engel
2 years ago

1) The fascist purge their opponents, indict them, blame them for what they are
doing b/c it’s all about power.
2) There will be a tsunami of trigger pictures of Trump MAGA climbing on congress walls and radical Matt. The democrats will tagged every republican candidate, to brainwash independent voters, to divert them from inflation, crime and gov debt and Ukraine.
3) Strikes are spreading. Matt was a trigger. 206/216 democrats ousted McC,
b/c for Hakeem – Obama disciple – it’s about power and regime change. If Hakeem
slams the gavel gov debt might reach $40T. US gov rating : B minus.
4) This week congress sent a message to our friends & foes and the yield curve.

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  Micheal Engel

Straight out of the communist playbook… read up on Maoist China, for example…

Gwp
Gwp
2 years ago

to reform the party first we must destroy it.

Sounding a bit Marxist there. But in any institution there are people who benefit from the status quo and don’t want reform and sometimes it can only be achieved by a clean out.

Doug78
Doug78
2 years ago
Reply to  Gwp

As Vladimir Lenin said, ” You have to break eggs in order to make an omelet!”

I don’t like Lenin’s omelet. I prefer to keep the eggs and keep Lenin from breaking them.

Richard Greene
2 years ago

Yje article completely missed the political strategy of nominating Trump and getting a vote. There is no chance Trump wold win the vote and he could not possibly have the time to do the job, with court appearances and campaigning. So there is no chance of Trump being the Speaker.

But a vote on Trump would reveal which Republican Congresspeople will support him in 2024 and those who will not support him in 2024. Republican voters deserve to know that BEFORE the 2024 primaries. A vote might reveal such weak support for Trump among Republicans that te assumption he can beat Boden will be questioned.

Dur Diligence: After voting Libertarian from 1976 through 2016, I voted for Trump in 2020. I could not imagine a early dementia, far left, crook named Biden could be worse than Trump. The high inflation in 2021 and 2022 originated from the huge budget deficits in 2020 and 2021 signed by Trump and Republicans controlling the Senate.

Add progress on the Keystone pipeline extension to the long list of Trump’s non-accomplisments, along with failure to reverse the CO2 endangerment finding of the EPA.

Doug78
Doug78
2 years ago
Reply to  Richard Greene

There are a lot of people who had supported Trump no longer support him not because of the fake charges Democrats have put on him but because of a general feeling that he is not up to the job and cares nothing for the party. However, that doesn’t mean that they would vote Democrat because in many of their eyes the Democrats have lost legitimacy so if Trump is the candidate they would hold their nose and vote for him. Overall, a lot of people on both sides would prefer that he doesn’t run but Trump’s ego will not allow him to do so.

TT
TT
2 years ago
Reply to  Doug78

horse manure. the cult is alive. i hate D and R. but am applauding the rematch. this empire is crumbling under finances and on world battle field and trading stage. a good thing when empires croak off. there is a country underneath the empire. the boomers willl croak off soon and the empire will be a memory…………

Chester Raven
Chester Raven
2 years ago

Absolutely floored by the anger/vehemence of responses fed by the lack of comprehension of what SARCASM is. Maybe it’s what Trump derangement Syndrome (or any derangement) does to the mind.

BUT how about the Elephant in the Room, and not mentioned in said sarcasm, that such a play would put Trump 3rd in line for the Presidency. Interesting pressures would be created if so. That might trigger derangement from certain quarters.

Doug78
Doug78
2 years ago

Mish. If I read correctly, you want Trump to become Speaker so he can destroy the Republican’s chances of getting elected thus bringing on the Democrats who will then destroy the economy resulting in the election of a Libertarian who will then bring peace, prosperity and everything good to the US? Geez. That was the exact playbook of the Bolsheviks in Russia. That is how they gained power.
If you aren’t worried that it turns really bad well I am. I do not want chaos to that extent and I do not trust that those who will profit from this chaos will turn out to be good people. What you are proposing is something I do not want.

Stu
Stu
2 years ago
Reply to  Doug78

It is an absolutely ridiculous suggestion Doug, I agree 100%

TT
TT
2 years ago
Reply to  Doug78

i call bullshit on your history. the russians only knew how to be serfs to czars. no comprehension of greek/roman republic/democracy……..NONE. they couldn’t do freedom for even a decade. amerikans have turned into debt serfs who cheer for some great leader, employer to save them. we are dangeroulsy dumbed down. serfs and owners. the age old struggle. one must be an owner to grasp self rule.

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  Doug78

Calling a silly rant “sarcasm” is a great way to conceal letting loose on the keyboard with a bottle of sauce; but in this case, I suspect this was intended as irony (opposite meaning) not sarcasm (cutting remarks), and probably born of exasperation.
I don’t think the criticisms of Gaetz seem especially fair, Gaetz looks to be similarly exasperated with the Democrats constant wordplay and word salads that amounts to constant feigned sincerity, virtue signalling, with the end result being constant debt, and a constant lack of genuine debate or policymaking. Whilst most of the world resents the USA, and is happy to watch it tear itself apart, the impact on the rest of the world of all this economic derangement is not-insignificant. The rising dollar is precipitating real hardship with real and unpleastant political consquences.

Ed
Ed
2 years ago

Haha, I expect this is sarcasm but I’m never quite sure. But it must be. The idea that 12% bond rates and soaring inflation would cause POLITICIANS to “get serious about what the country needs” is mildly naive. Nah. Sorry. The incentive structure is still there to drive them to be stupid. There might be minor corrections but then they will merrily go down that same path of destruction again and again.

Harvey Day
Harvey Day
2 years ago

The Trump as Speaker title got my full attention. Ahh … Such a relief. Very well said, Sir.

Czarchasm Reigns
Czarchasm Reigns
2 years ago

Truth with a sarcastic punchline.
Maybe some just didn’t have the patience to wait for it.
1 thru 9: true.
10: obviously false.

Bryan
Bryan
2 years ago

“Trump signed a law to make cruelty to animals a federal felony so that animal abusers face tougher consequences.”
Seems a noble win for helpless creatures no?

“Trump signed the Save our Seas Act which funds $10 million per year to clean tons of plastic & garbage from the ocean.”
Seems a decent win for cleaning up the messes others created.

“President Trump has signed a series of executive orders aimed at making it easier for states to import cheaper drugs from Canada.”
HUGE Win there, choke on that one Mish. Yeah there’s plenty more, you just like scab picking the weak points as a salve for your TDS. lol

TT
TT
2 years ago
Reply to  Bryan

10 million? are you stoned ?

Frilton Miedman
Frilton Miedman
2 years ago
Reply to  Bryan

“Trump signed a law to make cruelty to animals….”

I’m sorry, I really am, I tried to keep a straight face, but I almost peed myself laughing.

Yep, that’s Trump, always runnin’ ’round huggin’ trees, pickin’ up dead birds from wind turbines n’ stuff.
.
.

TT
TT
2 years ago

the MAGA cult are morons. i piss my pants too. it’s glorious to observe. my favorite website of all time is the reddit hermann caine awards for dead maga who ranted the plague was a hoax………..bwaaaaaahhhhhhhhhhhh. they have already died for their cult leader. the great grifter from my hometown.

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  TT

A large part of those who vote Trump are not MAGA at all, they just have a gag reflex when it comes to people like you. I can understand it, and I’m not even American. You rant like an open toilet that lacks the suction to flush properly.

Lisa_Hooker
Lisa_Hooker
2 years ago
Reply to  Bryan

And Trump increased the “value” of real estate, without having to put any more money into the properties. Many investors have profited from the generally increased values.

Veenerschnitzel
Veenerschnitzel
2 years ago

WTH

Albert
Albert
2 years ago

OK, Mish, I can’t rebut any of 12 Qs. But where do we go from here? I think the present GOP is a marriage that has gone awfully wrong, and it’s time for a divorce.

Stu
Stu
2 years ago

– When Trump was president, did he balance the budget and/or reduce the deficit?
Name the other Presidents that have done both over the last 50 years?
– Did Trump prove that trade wars are good and easy to win?
That is not a reasonable question that could be easily answered.
– Did Mexico pay for the wall? Was the wall built? whose fault was that?
In many ways Mexico did pay, for the ability to have a wall, and security to build all that they could get through. The material was even ordered and build and delivered, but not allowed to be erected. Who isn’t to blame on this one… All.
– Was Trump angry at Republicans for not having even bigger Covid pandemic stimulus?
The need was there, and proven hugely, by the massive stimulus Biden introduced, and this was after it was behind us, so simply wasteful at that point, but not before.
– What were the gang of eight doing when Trump was President?
Their jobs or did they get fired, because I didn’t hear about that?
– How many of the gang of eight want to increase defense spending?
When? What specific budget items? How many total including all others wanted to? Did someone bring it up for a vote, and whom, and why?
– Whose fault is it that McCarthy could not get appropriations bills passed?
McCarthys!
– If McCarthy gave in to 100% of the gang of eight’s demands what chance would the bill have had in the Senate?
Nobody will never know, or have any idea or way of ever knowing.
– What chance would any Trump-sponsored bill have in the Senate?
Nobody will never know, or have any idea or way of ever knowing.
– Is Trump the perfect candidate for Speaker of the House?
Nobody will never know, or have any idea or way of ever knowing. Unless he tells us of course…

Frilton Miedman
Frilton Miedman
2 years ago
Reply to  Stu

“Name the other Presidents that have done both over the last 50 years?”

Clinton, actually.

The only time since Carter left office that the deficit became a surplus was Clinton.

Reaganomics started the parabolic increase in debt, the 90’s was the only period it flattened, Bush promptly resume the climb.

.

Stu
Stu
2 years ago

Nope: The Treasury Department has been tracking accumulated debt since 1993, and it has grown under each presidential administration, per Business Insider. Under Clinton, federal debt grew $1.49 trillion.
“The debt is the nation’s accumulated annual deficits over all the years,” Ellis wrote. “Even though Clinton had some surpluses, the accumulated deficits were more in excess of that.”
Note:
Of the 45 Presidents, only 14 of them have overseen a decrease in debt. Calvin Coolidge was the last President to do so, leaving office in 1929, 15 Presidencies ago.

Lisa_Hooker
Lisa_Hooker
2 years ago
Reply to  Stu

Only Andrew Jackson PAID OFF THE ENTIRE US DEBT.
Oh, and he killed the central bank too.

MelvinRich
MelvinRich
2 years ago

Clinton eliminated 250k federal jobs per “reinventing government”. Welfare reform , balanced budget, fiscal reform etc.

Lisa_Hooker
Lisa_Hooker
2 years ago

Only Clinton had the advisors that showed him how to steal from Social Security – legally.

Whatever
Whatever
2 years ago

I think you mean Newt Gingrich, but whatever.

TT
TT
2 years ago

raygunomics was an obvious con to anyone with half a brain. he tripled the debt and doubled the military in peacetime. a total grifter. a man for his time. it was a nation of grifters. and now 40 plus years later it’s much more acute.

PapaDave
PapaDave
2 years ago

I mostly agree with your post Mish. Though my interest is not so much in the politics, but the economic and investment repercussions of the politics. Where I differ is that I have no desire to create chaos by “destroying the house to save the house”, maybe because I don’t really care much about the house.

Regarding rising interest rates: One of the areas most affected by rising rates is the renewable energy industry. Projects are being delayed, renegotiated and even cancelled as rising rates make them less economic.
Which will slow the energy transition and strengthen demand for oil and gas going forward.

With the price of oil dropping today, it was another great day to pick up some bargains. I bought a lot of CNQ, CVE and MEG today. CNQ and CVE will reach their low debt targets by year end and MEG in H1 24. Then, at today’s $85 WTI price they will be returning over 15% fcf to shareholders. And with such low debt levels, they are not directly affected by higher interest rates.

Saw a great chart today from Eric Nuttall at Ninepoint. Oil and Gas Energy firms fcf and ev/ebitda ratios

At $70 WTI, 10% fcf, and 4.1 ev/ebitda

At $80 WTI, 14% and 4.0

At $90 WTI, 18% and 3.8

TT
TT
2 years ago
Reply to  PapaDave

FARMLAND and commodities did well in staglation of 1965 to 85 twenty years. and gold did the best. of course trading is imperative. nothing goes straight up. today commercial r/e is screwed bad. residential to follow. the last leg down in r/e was about 7 years when i picked up 15% cap rates in amerika.

PapaDave
PapaDave
2 years ago
Reply to  TT

Agree on the trading part. I always day trade a portion of my portfolio; and swing trade another portion. In addition I sometimes change my focus, such as from tech to energy.

Commodities are struggling at the moment. Though they should eventually do well. Hard to know the timing though.

Farmland is a tough one. In general: yes. But its hard to know which farmland will prosper and which will suffer from drought, floods, pests, etc. Best to leave that for the major players who can afford to own hundreds of farms all over the world and diversify their risk.

TT
TT
2 years ago
Reply to  PapaDave

yes. and ways to invest and trade in huge farmland players………

Frilton Miedman
Frilton Miedman
2 years ago
Reply to  PapaDave

Dave, excellent post.

I’m only responding in bewilderment, 4 downvotes….why folks?

PapaDave
PapaDave
2 years ago

I actually don’t mind all the down votes on many of my posts. And I often get a lot of them. They come from folks who disagree with everything I say, no matter what I say.

Probably because of my positions on some topics that don’t mesh with theirs.

I am apolitical and I don’t vote. I consider politics mostly a waste of time.

I accept the science of anthropogenic global warming and the resulting climate change.

I focus most of my time on this website in the pursuit of furthering my wealth.

I have often stated that I wish I could block the morons who fill the comments section with outright stupidity, like we could on the previous site.

Lisa_Hooker
Lisa_Hooker
2 years ago
Reply to  PapaDave

Papa, I only disagree with you when you’re wrong.
The rest of the time you are absolutely super.

RonJ
RonJ
2 years ago
Reply to  PapaDave

I don’t remember having down voted you, as i generally don’t vote on posts here, anyway. I have not down voted anyone on this post. I have never blocked anyone either, nor do i care to. I can skip past a comment or even a post, if i am not interested in it.

TT
TT
2 years ago

because mish’s current readership are hate mongers and loser MAGA………they revel in their bile. life skill 101. losers win by losing. in life. in trading. trading to me can mean a day or a decade.

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  PapaDave

The stymying of projects varies with jurisdiction, there are plenty of projects offshore rolling forwards outside of US EEZ waters…

Idawg67
2 years ago

What are you talking about?? Trump as SOTH a bad thing?? All the liberals heads in DC’s heads would explode.. Isn’t that a GOOD thing?? TDS is BAD thing MISH

Greg sorter
Greg sorter
2 years ago
Reply to  Mike Shedlock

While I am not at all a fan of Mr. Gaetz, he is correct regarding Ukraine. The sooner we stop funding this disaster the better

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  Greg sorter

It’s not the funding that is the main problem, it’s the sourcing of the funding, and the “guardrailing” of opinion and dissent about the situation, which to most objective observers looks more like a Yugoslavia or Ireland civil state implosion with forced assimiliation and attempted ethnic cleansing, spawning revanchism and irredentism. Much of Eastern Europe is ripe for that, and it’s been a divide and conquer tactic by western powers in the developing world for a long time.

BigAl
BigAl
2 years ago
Reply to  Greg sorter

It would be much easier to laud Gaetz’s position on the Ukraine if he weren’t hell-bent on invading Cuba & Mexico and going to war with Iran, North Korea, and China.

TT
TT
2 years ago
Reply to  Idawg67

the trump cult really has Trump Derangement Syndrome bad. they gargle the nuts of an obvious con man and grifter. YOU’RE FIRED

Frilton Miedman
Frilton Miedman
2 years ago
Reply to  Idawg67

Perfect example of why the % of Republican voting populace is diminishing, labelling everyone a “liberal” if they’re not 100% on the same page.

But yes, respond by calling me a Liberal.

.

Rinky Stingpiece
Rinky Stingpiece
2 years ago

…which is totally different from leftist-cultist neo-McCarthyists labelling everyone who disagrees with them a pro-Russian something or other… as if they want to erase history of Russia being one of the allies who defeated Hitler… which side does the left applaud? The jury’s out on that one…

shamrockva
shamrockva
2 years ago

Trump never makes a deal unless the other side loses. No win-win for tiny hands. He got money for his wall by declaring a phony emergency and stealing it from military school children. At the time I predicted that would set a precedent of declaring emergencies to get whatever the current President wants.

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  shamrockva

That doesn’t match Mish’s assessment of Trumpian deals… and, out of interest, who lost in the Arab-Israeli reconciliations? Surely if that were done by a non-Trumpian figurehead, such as a WEF-approved Bliarite, it would be heralded as awe-inspiring?

Kevin D
Kevin D
2 years ago

Sad, the only option is to burn down the house and reconstruct it with the same design and materials. Rinse, repeat.

Unfortunately, current political system creates Catch 22. By definition anyone capable of doing a good job has good sense not to run for political office in its current reality tv incarnation. Grifters and/or idiots naturally attracted to the profession.

Party is all about the party (Newsome nominating a political operative who is a resident of Maryland to represent the citizens of California. System is rotten tao the core.

Where is another George Washington, sorry, forgot, he was cancelled.

Return to a monarchy not a bad idea? Every few generations you get competent leadership.

Frilton Miedman
Frilton Miedman
2 years ago
Reply to  Kevin D

You have absolutely no chance of winning public office without sponsors in the U.S..

You have absolutely no chance of getting those sponsors if there’s nothing in it for them.

Bribery is free speech.

The wealthy get what they want, the lower classes get bread and circus, the debt grows and grows, win/win for all.

.

RonJ
RonJ
2 years ago

“You have absolutely no chance of winning public office without sponsors in the U.S..”

Sponsored by Pfizer.

Rinky Stingpiece
Rinky Stingpiece
2 years ago

Places like the CCP, Saudi, DPRK, Ba’athist Syria, Singapore, Turkmenistan, test the limits of police state power, and show that without mineral resources, the well runs dry eventually, and presages a human hellscape and waking nightmare.
Haiti, Somalia, Sudan, Yemen, Afghanistan, Zaire test the limits of the absence of police, and where bribery takes you, after your police state implodes indefinitely.
That’s where the Democrats and non-US leftist-cult demagogues are taking us all.

Bayleaf
Bayleaf
2 years ago

Not sure if you are just pretending to be ignorant. Like most of your other content, but I pass on anything you write related to Trump. TDS is real.

shamrockva
shamrockva
2 years ago
Reply to  Bayleaf

Funny, he also has Biden Derangement Syndrome.

Frilton Miedman
Frilton Miedman
2 years ago
Reply to  Mike Shedlock

Most people now think Libertarianism is extreme right, I’m pretty sure it was Uncle Milty who first coined the name back in the mid 40’s.

Milton frequently disparaged classic liberals for being crude and oversimplistic, ironically the term “helicopter” comes from Milton, saying during a recession we should “throw money from a helicopter”.

But now, everyone thinks that’s a Keynsian expression.

.

Ivo
Ivo
2 years ago
Reply to  Mike Shedlock

Mathematically, there is bound to be also the Extreme Center, to follow the bell curve. But what might be the ideas of the “Extreme Center” given so polarized world today? Even more chaos or something sensible? Is there anyone to help me figure that out…

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  Ivo

The political compass is better with complex numbers, you get some extra dimensions then.

I certainly regard myself as a moderate extremist centrist.

William King
William King
2 years ago
Reply to  Mike Shedlock

Extreme middle!

Bayleaf
Bayleaf
2 years ago
Reply to  Mike Shedlock

You can be left, right or middle and still have TDS

jeco
jeco
2 years ago
Reply to  Mike Shedlock

Bingo!

jeco
jeco
2 years ago
Reply to  jeco

I am amused by people who consider trump a conservative, he is not, he is motivated by whatever is the most recent bug up his ass. Is “deficits don’t matter” with trillions of unfunded tax cuts conservative? Is building 10 new cities, overriding state & local regulations conservative or libertarian? Of course not, it’s imposing one man’s whims over any sense of order. And the GOP’s intrusion into women’s health decisions is the most anti libertarian action by a major political party in my lifetime, I don’t see how anyone claiming to be libertarian could ever vote for a political party that’s this intrusive in the most personal decisions of half the population.

Frilton Miedman
Frilton Miedman
2 years ago
Reply to  shamrockva

Choose your poison 2024:

1) Senile old guy.

2) Senile old angry sociopath & potential inmate.

.

Rinky Stingpiece
Rinky Stingpiece
2 years ago

Neither of them are senile, but at least one of them is a paedophile grifter.

bill
bill
2 years ago
Reply to  Mike Shedlock

♦ In 2009 72% of the country, and an even larger percentage of the Republican voters, did not want Obamacare. The govt takeover of healthcare was along purely ideological grounds. For the 2010 midterm election, the professional Republican apparatus campaigned on this single issue – repeal Obamacare. The voters destroyed the Democrats and flipped 67 seats to Republican control. The professional Republicans wanted the House, frustrated American voters gave it to them.

The Republicans did nothing.

♦ In 2012, the professional Republicans campaigned on retaining the House and asked to begin a process of taking down the Democrat control of the Senate. Remember, it was a 60/40 Senate when the Obamacare boondoggle was begun. Keep the House, help us take Senate seats, and we will repeal Obamacare and balance the budget. That was the call of the 2012 professional Republicans. The voters delivered. The GOPe kept the house, took 6 seats in the Senate and introduced a wave of fresh Republican blood.

The Republicans did nothing.

♦ In the 2014 midterm election, the professional Republicans campaigned on retaining the House and now flipping the Senate with more GOP seats. Keep the House, give us the Senate majority, and we will repeal Obamacare and deliver a balanced budget. The voters again delivered. Beginning in January 2015, the Republicans controlled the House and the Senate majorities for Obama’s last two years.

The Republicans did nothing.

Worse still, even with professional Republican control of both chambers of congress, President Obama never had to use his veto pen.

♦ In the 2016 election, after the professional Republicans could no longer stop/block candidate Donald Trump, they said if we get the White House, retain the House and retain the Senate, we will repeal Obamacare, return to regular budgetary order, and balance the budget. Stunningly, against all the odds, the voters yet again delivered. President Trump won the election; Republicans now held the White House, the House and the Senate – as requested.

The Republicans did nothing.

Worse still, the professional Republicans acted as if they were the dog that just caught the car. Now they had no excuses, and as a result there was an exodus of retirements announced from the caucus of the professionally Republican to begin in 2018.

Simultaneously, the professional Republicans passively allowed the targeting of Donald Trump by a fully weaponized intelligence apparatus and justice system to commence. To say the professionally Republican were willfully blind would be polite and generously honest.

In the background the RNC did nothing. The California ballot harvesting operation of 2018 reflected a complete lack of action by the RNC or CA GOP. We all well remember how that operation expanded nationwide in 2020, again with the RNC doing nothing.

This is the reality of what took place between the elections of 2010 and 2020. Every ask of the professionally Republican’s apparatus was delivered by voters. Every ask of the voters in return was ignored. Effective January 2021, Obamacare still exists, no budget was ever produced, the borders were unsecured, the economy tanked due to Biden policy, energy and printing presses. Crises, along with insufferable government mandates, amplified and expanded from coast to coast.

The Green New Deal was passed by Republicans and Democrats, and the collapse of the economy came with it.

Clear enough?
Suddenly, as if there was no background of repeated broken promises and a complete failure to deliver on any key request, Kevin McCarthy and his legion of professionally Republican supporters pretend they cannot fathom why the base voters are more than happy to support Matt Gaetz.
note *I did not write this article*

Stu
Stu
2 years ago
Reply to  bill

In 2009 – The Republicans did nothing. – I Disagree, as The Useful Idiot, Mitch McConnell Senate Leader 2007 – Present Day Did Nothing! (Problem #1) and Nancy Pelosi (D) was House Leader (Problem #2)

In 2012 – The Republicans did nothing. – I Disagree, as The Useful Idiot, Mitch McConnell Senate Leader 2007 – Present Day Did Nothing! (Problem #1) and the other Useful Idiot, John Boehner was House Leader (Problem #2)

In 2014 – The Republicans did nothing. – I Disagree, as The Useful Idiot, Mitch McConnell Senate Leader 2007 – Present Day Did Nothing! (Problem #1) and the other Useful Idiot, John Boehner was House Leader (Problem #2)

In 2016 – The Republicans did nothing. – I Disagree, as The Useful Idiot, Mitch McConnell Senate Leader 2007 – Present Day Did Nothing! (Problem #1) and the third Useful Idiot, Paul Ryan was House Leader (Problem #2)

The Republican Party has NOT had a “True Conservative Republican Leader” in the Senate OR the House since 2007 and probably earlier, but I digress… You can’t get ANYTHING DONE when you have Frauds Representing Your Party!!!

Cheshire Cat
Cheshire Cat
2 years ago
Reply to  bill

You give credence to the adage that the Republicans are the “stupid party” and the Democrats the “evil party.”

Bayleaf
Bayleaf
2 years ago
Reply to  bill

The only “professional Republican” supporters I know of are deep state beneficiaries (e.g. most government workers). I guess one can say there is a legion of them.

Cary cimino
Cary cimino
2 years ago
Reply to  bill

I do not see this collapse in the economy

Rinky Stingpiece
Rinky Stingpiece
2 years ago
Reply to  Mike Shedlock

All of it. You sound like a Maoist jihadi tripping on mushrooms.

…but seriously folks, can you explain for the non-Seppo audience how Mr Gaetz’s “gang of 8” thwarted the single-issue bills from McCarthy, because Gaetz seems adamant that the opposite is true. I imagine that there is some self-evident source of information that settles it, but what is it? and where is it?

TT
TT
2 years ago
Reply to  Bayleaf

what is the cure for my TDS. gargling the testes of mein fuhrer drumpf for an hour, plus writing on chalk board 100 times, donald is the smartest man to ever walk the earth.

Frilton Miedman
Frilton Miedman
2 years ago
Reply to  Bayleaf

It’s good to be reminded that people like you really exist, lest we forget P.T. Barnum truly was right.

Rinky Stingpiece
Rinky Stingpiece
2 years ago

…stuttered without a trace of irony.

Frilton Miedman
Frilton Miedman
2 years ago

Hoping Mish can learn from this tomorrow morning, no more posting topics while drunk.

But, what the hey, while we’re at it –

Trump should be in charge of managing funds for all non-profit charities that feed hungry, chronically ill, underprivileged children.

He’d do less damage that way.

.

Scott
Scott
2 years ago

If you want Trump as Speaker, you may as well make Gaetz the chief librarian of Wash DC. If we’re lucky, both jobs would bore them silly and they’d disappear.

Kenneth Michael Luskin
Kenneth Michael Luskin
2 years ago

I am unsubscribing from your MORONIC service… Trump is not just indicted in 1 or 2, or 3, but FOUR DIFFERENT JURISDICTIONS!… and he is also been ruled to be a FRAUD by a well respected judge.

babelthuap
babelthuap
2 years ago
Reply to  Mike Shedlock

I had to read it again. Changed you Kenneth to upvote. I appreciate this level of wit. Got me.

RODNEY BLAKESTAD
RODNEY BLAKESTAD
2 years ago
Reply to  Mike Shedlock

You are right – I do not understand your idiotic sarcasm.
Stick to economic commentary – it should be nonpartisan.

Trump is not qualified to be dog catcher in Arizona – or anywhere. When you do not keep your oath to protect and defend the US Constitution – you are a traitor – period. Trump is a traitor and should be dealt with accordingly.

hmk
hmk
2 years ago

A frontal lobotomy will cure your TDS. Any US citizen whether you like or hate Trump should be appalled at the weaponization of the judicial system. All trust in our legal system is gone we have turned into a banana republic.

Martin
Martin
2 years ago
Reply to  hmk

you were a banana republic long before this week.

joedidee
joedidee
2 years ago
Reply to  hmk

welcome to new uniparty platform

William King
William King
2 years ago
Reply to  joedidee

It has always been one party with two right wings that love endless war.

DJ
DJ
2 years ago
Reply to  joedidee

SPOT ON. BOTH parties do not intend to do things right with Fiscal Restraint, stopping ridiculous MIC spending, and fucking us over in the meantime. NEITHER ONE, so thus they are easily defined as a UNIPARTY.

Jojo
Jojo
2 years ago
Reply to  hmk

So you’re saying that Trumpy Dumpty is innocent in all 4 actions against him OR that he should get a pass because he is ODNALD J. TRUMP and he is running for president?

teril
teril
2 years ago
Reply to  hmk

trump is the only person who promises to weaponize the justice system. He should clearly not be allowed in any office.

TT
TT
2 years ago

ha ha ha. funny

Avery2
Avery2
2 years ago

You need to go to The Wayback Machine and review Mish’s posts under The Street banner last 3 months of 2020 and first 3 months of 2021. Mish got exactly what he wanted.

FUBAR111111
FUBAR111111
2 years ago

you sound like the kind of brainless scum that vote Swamp (Democrat)

moron

Kevin McCarthy was Rep. of The Swamp. The only thing he stood for was more deficits, and personal payoffs.

Somebody had to say “Enough!”, and Matt Gaetz was it.

James Welsh
James Welsh
2 years ago

And what well-resoected judge wight that be?

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