The civil war between Descartes and Pascal, Trump takes the middle position first TAKIZAWA Chicago Letter
The possibility of a shutdown on Wednesday has almost disappeared,
The compromise on the tax-cut proposals in both houses is turning into a situation more difficult than expected..
The bond market, which closely watches that political scene, remains subdued.
Meanwhile, stock futures are as volatile as expected.The Dow chart has not yet turned positive, however,
From Bitcoin, whose futures will begin on the CME this weekend,there is a high likelihood that funds will flow into the Dow.
Now, I compared Trump's campaign promises with the current situation. (Limited to those that affect the financial markets)
1) Do not designate China as a currency manipulator / do not implement.
2) The stock rally is a bubble from Yellen's support for Hillary / the stock rally is a rightful evaluation of himself.
3) Narrowing the trade deficit / widening the deficit
4) Expansion of long-term debt issuance / expansion of short-term debt issuance (Treasury policy announcement)
5) Immigration controls /On December 4, the Supreme Court approved the Trump administration's policy (Mainstream media reported nothing about it)
6) Amazon antitrust violation designation /signals willingness to investigate Amazon's antitrust violations
Ignoring the uproar over declaring Jerusalem as the capital,
yesterday Trump hinted at taking political aim at Amazon.
In the same way that hardline Israelis are pleased,
by attacking the nemesis of traditional brick-and-mortar retail that creates jobs,
he aims to gain momentum toward 2020. (portraying himself as someone who will boost jobs)
However, of course, this is only about the intended effect of the announcement. (The Jerusalem declaration is the same)
If he truly harms Amazon,
he knows that his own stock would crash.
By the way, yesterday's resignation press conference of Democratic Senator Al Franken.
In the end, "I will resign with honor, so you, Mr. President, should take responsibility as well," he concluded.
The harassment that led to his resignation
dates back to his time as a comedian before becoming a senator.
In a normal sense, it's unfortunate that he has to take responsibility for this.
But the Democrats sacrificed a colleague.
Like the forced seppuku of the Shinsengumi (or the Sumo Association and the Yokozuna Deliberation Council),
the aim is Roy Moore, who is expected to win in Alabama next Tuesday,
ultimately, toward the end of the campaign,the same harassment that was exposed about Trump himself.
To push Trump, past harassment must become a matter of current public opinion.
Public opinion must frame past harassment as current punishment.
TIME magazine, which supported him before being bought by the Koch brothers, (this year’s face)
The limousine liberal Democrats born during the Clinton era,
have widened the economic gap, yet
they have completely lost the tools to fight back.
In economics, liberal policies (monetary easing) that they should pursue,
the old Democratic Party, outpaced by the Second Abe Administration, is the same as today.
All that remains for them is a tilt toward excessive political correctness.
From the previous day's letter, referring to the 1973 Supreme Court decision (Roe v. Wade)
The Democrats had linked Wilson, FDR, Kennedy, and Johnson to their cause.
They changed the party's creed of aiding the economically disadvantaged.To human rights (women's and minority rights)
And shifted to political correctness.
Carter and Dukakis fought the presidential election with that approach,
but the results were not particularly favorable (Carter served one term; Dukakis was defeated by Bush Sr.)
They returned the focus to economic policy, and it was Bill Clinton who did so.
However, globalization promoted by Clinton after winning the Cold War,
primarily benefited urban service sectors. As peaceful American global dominancegrewstrong
Mainstream media and liberal elites further steered toward human rights and political correctness.
The urban millennials who grew up in this era became Democrats supporters as they grew up,
White workers who cannot afford to talk about human rights or political correctnesshave been left behind
They left the Democratic Party. In particular, following the Lehman shock, the recovery leftrural areas increasingly behind
to hold onto ideals andto strive toward realizing them is what liberal elites believe is right,
whereas acknowledging human limits and adhering to natural law defines the conservative principle,
which vividly illustrates the difference between Descartes and Pascal.
And Nixon was the one who played both ideologies politically.
But he resented the idea of “having it all”and could not prevent Republican colleagues from defecting from him,
Ultimately, considering his future contributions to America,he fell over small, inconsequential mistakes
Trump's entourage studies Nixon's failures.
For now, they are always one step ahead.
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