Originally Posted at Free Market Shooter
Since President Trump took office, former President Obama has been opposing his administration at every turn, touring the entire world, serving as the effective leader of “the resistance” to Trump administration policies. This is in direct violation of the unspoken rule among ex-Presidents to allow the current President to do is job. And as Free Market Shooter has covered in the past, Obama’s actions are without historical precedent:
Obama would be the first former president to remain in Washington post-presidency since the dying Woodrow Wilson more than nine decades ago.
Woodrow Wilson left office in 1921, and his post-presidency political actions were limited to campaigning for Democratic candidates in the 1922 elections. In fact, he spent more time practicing law and publishing books than he did campaigning, prior to his death at 67 years of age in 1924.
So following Obama’s national and global campaigns against Trump, it came as almost no surprise when Obama inserted himself into the 2018 midterm elections. He made several campaign stops, highlighted by an explosive rally for Florida Democratic candidates Andrew Gillum and Bill Nelson:
[youtube https://www.youtube.com/watch?v=4rdhd8jGYU0]
And yet, in breaking from tradition and setting the new precedent that the outgoing US President can actively work to undermine whoever the next President is, Obama has all but ensured one thing regarding Trump’s future.
Barring a cataclysmic event under his watch, Trump will not be fading away once he leaves office. Instead, he will continue to campaign and promote his agenda, whether it is in support or opposition to the next President.
As Free Market Shooter has previously stated, demographic shifts will make it very difficult for Trump to win his re-election campaign in 2020…
Trump will need to capture one of Wisconsin, Michigan, and Pennsylvania, without losing Ohio or Florida, to retain the Presidency. If those states stay blue and the rest of the map holds, this will result in a loss:
If Trump loses in 2020, the Presidency will almost surely be controlled by a Democrat. Even if a potential independent defeats him, Trump will surely oppose the platform of the incoming President, and work in a similar manner to Obama’s post-Presidency “tour”, albeit with a tone that would more than likely be more adversarial than even Obama’s is now.
If Trump wins in 2020, anything could be on the table in 2024. No matter what the outcome, the 2024 winner would almost certainly have to deal with Trump in the background, no matter what party claims the oval office.
While the “Never Trump” crowd will wail and gnash their teeth at the prospect of dealing with Trump after he leaves office, and will all but surely implore him to just “go away” like “all the other” ex-Presidents, the example set by Obama has ensured that he will be going precisely nowhere.
[youtube https://www.youtube.com/watch?v=4l5HLdPMuDs]
How can anyone expect Trump, with his larger-than-life presence, to do anything but continue to organize rallies to bolster his post-Presidency reach (and business)?
A lot can happen between now and the 2020 elections (and especially the 2024 vote), and the economy will be on voters’ minds no matter what. Notably, Free Market Shooter has pointed out that Trump has taken credit for the equity market and the economy’s successes, even though he has previously pointed out that many of the country’s published economic figures are bogus:
So, in spite of Trump’s prior commentary on how the real unemployment rate is not 5%, and probably closer to the 20% figure, that hasn’t stopped him from talking about how the unemployment rate has just made a fresh low in its most recent print. Go figure.
So what’s going to happen once the market finally does hit the rails? The media is going to have its perfect target; a President they already loathe, who is taking all the credit for the success of the stock market he has already proclaimed is overvalued.
The Obama administration was long given a “boost” by Janet Yellen and Ben Bernanke in the form of QE, ZIRP, Operation Twist, and other monetary policy that kept the equity markets inflated, masking the economy’s stagnant performance. With Powell’s Federal Reserve raising rates to a more normal level, it may only take a small nudge to send the whole economy back into a tail-spin after a ten year bull market.
Perhaps the most likely event that could get Trump to just “fade away” post-Presidency would be an economy and an equity market that fell hard enough, fast enough. But even that might not be enough to get Trump to just step aside, after all Obama has been doing to subvert his presidency.
Trump will certainly not forget what Obama’s actions while he has presided, and when he departs… he can be expected to cause a similar (or possibly larger) headache for whoever replaces him. Trump is not the type to shut up, no matter what… especially while Obama hasn’t given him the respect ex-Presidents usually give the White House’s current occupant.
Who ever Obama campaigns for will win the nomination. Hopefully , Obama will negotiate to have only 1 coon run. That way any white opposition won’t get traction.
Make America Black Again.
Harris/Spartacus 2020
Prepare to be Culturally Enriched!
O’bungme should lead a twerk-a-thon for this mother in Bethlehem, Pennsylvania.
I’d vote for her on a Demmorhoid ticket. 47 times
https://wgem.com/2018/11/20/police-mom-drove-with-son-on-car-hood-over-dentist-dispute/
Oh, tiny town uh Bethleham
where teen sons ride the hood
in front of Mamma’s window shield
dey silent screams roll’n by.
Yet they dark streets be shine’n
wid the Dentist’s everlasting light.
De gubbamint got dem cavities filled
‘cause de bastid boy wasn’t white.
I continue to believe the markets are being misread or at least misreported. While I am unable to personally guarantee how the world turns out, this is not the dot-bomb of 2000 or the 2008 mess being replayed. Trump policies and especially removal of Obama regulation are making a difference. The NASDAQ is not trading with PE’s in the hundreds or thousands. The excesses are missing. Companies are making profits. We are experiencing turbulence as we move from financing with FED air money to financing from earned money.
I see no reason Trump cannot maintain or increase his margins from 2016 other than the stupidity factor. I cannot deny there is an unfortunate surplus of stupidity afoot.
The biggest contra indicator out there is Goldman screaming for everyone to sell and go to cash. I have been successfully operating under the idea there is a shortage of investable assets. I see them as trying to shake the tree so they can get whatever assets you hold on sale. Shares in companies which make things will have value even if the currency goes pffft. The currency the generous folks at GS will pay for your stocks could have no value and simply go pffft. We will see.
That’s just it. Blue chip companies and real estate in desirable locations have real value. What ever transpires with a new monetary system will least impact these 2 asset classes.
What’s the value of 1 share of stock? The value is 1 share of stock.
What’s the value of a 1,000 government bond when the government announces a 10 % tax on maturity. $900.
You still believe the US stock market price is driven by fundamentals? Fundamentals may account for a fraction of the pricing action, with the vast majority of the market value driven by the cost of money, namely the velocity of growth (or shrinkage) of the central bank balance sheets. They can (and do) toss the market around like a plastic fuck doll, as they please.
The Obamas are “Becoming” — Billionaires.
The launch of Michelle Obama’s cross-country book tour for her new memoir, “Becoming,” last week is just the latest marker on the road to fabulous wealth for the former first couple, who are on their way to becoming a billion-dollar brand.
In addition to a $65 million book advance and an estimated $50 million deal with Netflix, both of which she shares with husband Barack Obama, the former first lady is poised to rake in millions from appearances on her 10-city US tour and sales of merchandise connected to her autobiography.
And like her husband, Michelle Obama is currently in demand as a speaker for corporations and nonprofits, commanding $225,000 per appearance, The Post has learned.
Forbes estimated the couple made $20.5 million in salaries and book royalties between 2005 — when Barack Obama became a US senator and they first arrived in Washington — and 2016. They are now worth more than $135 million.
And that figure does not include the cash they are raking in for public speaking.
https://nypost.com/2018/11/17/the-obamas-are-becoming-a-billion-dollar-brand/
If we had an honest attorney general, they would prosecute these ridiculous book deals under the RICO act. The publisher will never make back that $65M in a thousand years selling these bullshit books these illiterate politicians don’t even write. I guess since all politicians of both parties participate in this book deal bezzle, the cops look the other way.
The sad part about it is that it isn’t even the public buying the negro’s tomes. It is school districts and universities that have to have copies of Obama’s worthless autobiographies on the shelves of their libraries so other negroes don’t have to buy it ( as if even they would want to read them)
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Does anyone else wish all these government fucks of both stripes would die of some dread disease so we all could go back to thinking about those things that actually enrich life? Have we all become numb to how much blood and soul this parasite drains from us-with our acceptance-gleeful in so many cases? It seems pathetic but inevitable that our sole opportunity to rid ourselves of this scourge is when the parasite finally kills off the host. His will be done.
Vote, my ass.
Definitely. The one thing that both parties share in common above all else is that they cater to, and are part of the parasite class. The class in this country, rich or poor, black or white, that produces nothing of value, but is absolutely focused and committed in the pursuit of taking what you produce and earn, by con or by force.
Every election is between two parties alright, just not the demos and the repubs; the producers vs. the parasites. The contest is then between which of the two parasites successfully cons each faction in to thinking they will A. Take less, B. use what they take effectively to crush the other side, and in turn, take more of what they have for the benefit of their voters and donors.
That is it. Everything else is simply semantics and showmanship.
Obama is just another parasite, attempting to find a larger parasite to partner with, in the hopes that there will be enough idiots that follow his particular brand of con game, and pay. Make no mistake, Trump will do the same.
Like the decision to effectively do away with the filibuster, this is a precedent the Democrat’s will regret when Trump leaves the White House. If his successor is a Democrat, Trump will be all over them like white on rice. And, unlike Obama, Trump is not lazy. He will be sending out tweets before the swearing-in ceremony is over.
I keep stating the obvious to those who have eyes but cannot see and have minds but cannot think, or are afraid to think: you can take Africans out of Africa but not Africa out of Africans. About 100,000 years of human evolution on the European continent offers irrefutable proof of this fact. Thanks mostly to the slave trade and more recent (since 1965) mass immigration from the third-world, the US…and most western nations…is now burdened with 25-30% of the population who are totally incompatible with Western Civilization. Either there is a major expulsion to their native homelands or the separation of Whites into European homelands in North America…otherwise we are looking at a brutal and bloody civil war.
Trump was caught yesterday patting Moochelle’s ass.
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obamma is an imbecile that knows nothing but agitating…….he was put into 1600 Penn so he could enable the left to ransack America…..
obamma is nothing short of an idiot agitator who was installed in 1600 Penn so he leftist friends could ransack the country
Jimmy Carter is very happy in the #2 spot…..
We are in political anarchy. Rule of law in breaking down now. Just wait,tick tock says the 22 trillion dollar clock.