The Circus We Call the Election Process!
By: Bill Holter
GoldSeek.com
Thursday, 17 March 2016
As a rule I try not to comment all that much on politics because it is such a polarizing topic. No matter what I could say one way or the other, “politics” will turn some normally placid folks into rabid trolls. That said, what we are witnessing now has never happened before in our lifetimes and is not even about the candidates …it is about the survival of our Republic!
Immediately after turning on the business news this morning, I heard an interview of a Republican National Committee member talking about “rules”. I did not catch who it was but the essence of the interview was it did not matter who had the most votes or delegates …the Republican committee would choose “their candidate” if no one had the majority leading into the convention. He was questioned with “so the will of the people doesn’t matter”? To which he answered and I will paraphrase in my own words as I understood, “it doesn’t matter who the people vote for and we will even overturn a majority if we see fit, the Republican party will choose their candidate for the good of the Republican party”. As an aside, John (buddy can you spare a Kleenex) Boehner “endorsed” Paul Ryan for presidential nominee. (Not sure I would have voted for him but I don’t recall his name on the ballot)? Upon further searching, the interview can be found here Voters don’t pick nominee, we do: GOP official . All I can say is “in your face, we make the rules, you don’t even matter”!
Please understand this fully, the tricks, sleight of hand and outright lying as to our country’s condition are not working anymore. The primary voting on both sides show an electorate where a large percentage of the country has woken up in anger. It doesn’t matter if the average guy does not know exactly “what” is wrong, he/she knows it is something! Reality is so bad the “machine” can no longer hide it and the boiling point is being reached. The election looks to me as if it is going to be a referendum of the average guy versus the establishment. The danger of course is if enough “average guys” have their votes ignored they will rail against the machine. The way I see it, the upcoming election will be about the establishment retaining the control and ability to continue bilking the system or the populous rising up and taking power back.
You might ask “what does this have to do with finance or economics”? In no particular order, it has EVERYTHING to do with economics and finance! Whatever happens will certainly affect the dollar (the currency of any nation is the equivalent of its common stock). Future policy will affect the dollar as well as how foreigners view what happens. Interest rates, stocks, real estate, everything imaginable will be affected. It does need to be said that no matter who wins or loses, the system is already toast and only “timing” may be altered. Most importantly I believe the only difference between who wins and who loses will dictate how quickly or severe the elimination of our civil rights and liberties will be.
The Rest…HERE
