Trump goes big in Texas

Trump detractors, supporters and police all clash outside the arena

Donald Trump brought his Texas-sized swagger to a Texas-sized rally of 15,000 people, declaring here on Monday night, “We are really killing it. We are killing it.”

As his lead in many national and early-state polls continues to grow, Trump gave one of the longest speeches of his campaign and continued to crowd-test the possibility that he may begin accepting large campaign contributions. With Republican rival Ben Carson drawing significant Christian support, he also touted his affinity with evangelicals.

Meanwhile, both the number of protesters that have become common outside his campaign events and the intensity of their clashes with Trump supporters reached new heights.

Recognizing the roused spirit of the crowd inside the arena, Trump reevaluated the label of “the new silent majority” he has bestowed on his supporters. “Maybe we should call it the noisy, the aggressive, the wanting-to-win majority,” he said. “That’s what it is.”

The raucous event marked one of Trump’s largest crowds yet and kicked off a week that will again have the billionaire businessman dominating the news cycle. Before he heads to the Ronald Reagan Presidential Library in Simi Valley for the second GOP presidential debate, Trump will talk national security and veterans issues on board a battleship in San Pedro on Tuesday night, as he amps up his outreach to the military community.

On Monday evening, the most pointed message at the rally came from Trump’s introductory speakers, tea party activists Katrina Pierson and Scottie Nell Hughes, and was aimed at the Republican Party. “I hope Donald Trump tears up that loyalty pledge,” said Pierson, who railed against the Republican establishment’s attempts to undermine tea party candidates, including the Republican National Committee’s insistence that White House contenders sign a pledge to support the eventual GOP nominee, whoever that might be.

Hughes said the Republican Party takes its conservative base for granted. “They think we’ll always be there. We need to end that this election cycle,” she said.

As it ended, attendees filing out, mostly white, clashed with 200 or so lingering protesters, mostly black and Hispanic. Police intervened in several heated exchanges, including some involving members of the Black Lives Matter movement. “Blue lives matter,” chanted several young Trump supporters.

Source: Politico

Trump widens lead

Republican Donald Trump is pulling away from the pack in the race for the party’s U.S. presidential nomination, widening his lead over his closest rivals in the past week, a Reuters/Ipsos poll showed on Friday.

Republican voters show no signs they are growing weary of the brash real estate mogul, who has dominated political headlines and the 17-strong Republican presidential field with his tough talk about immigration and insults directed at his political rivals. The candidates are vying to be nominated to represent their party in the November 2016 general election.

Nearly 32 percent of Republicans surveyed online said they backed Trump, up from 24 percent a week earlier, the opinion poll found. Trump had nearly double the support of his closest competitor, former Florida Governor Jeb Bush, who got 16 percent. Retired neurosurgeon Ben Carson was third at 8 percent.

Even when Trump was pitted directly in the poll against just his top two competitors, 44 percent backed him. Bush won about 29 percent of respondents, and Carson 25 percent.

Trump has driven the debate on the campaign trail with a hard-line immigration plan that calls for the deportation of undocumented immigrants, amendment of the Constitution to end automatic citizenship for all people born in the United States, and construction of a wall along the border with Mexico.

Trump’s campaign momentum has paid off with bigger crowds on the campaign trail. On Friday night, he moved a planned rally in Mobile, Alabama, to a football stadium seating more than 40,000.

Separate results found Clinton leading among Democrats, though support for her dipped below 50 percent to 48.5 percent.

Source: Reuters

Trump drops ‘politically correct’ NBC

After NBC Universal severed its relationships with Donald Trump on Monday, the billionaire businessman and presidential candidate responded by invoking suspended “lying” NBC anchorman Brian Williams and threatening to meet NBC in court.

Trump issued a statement on the matter.

As of today, Donald J. Trump is no longer affiliated with NBC. Mr. Trump stands by his statements on illegal immigration, which are accurate. NBC is weak, and like everybody else is trying to be politically correct— that is why our country is in serious trouble.

We must have strong borders and not let illegal immigrants enter the United States. As has been stated continuously in the press, people are pouring across our borders unabated. Public reports routinely state great amounts of crime are being committed by illegal immigrants. This must be stopped and it must be stopped now. Long ago I told NBC that I would not being doing The Apprentice because I am running for President in order to Make our Country Great Again.

If NBC is so weak and so foolish to not understand the serious illegal immigration problem in the United States, coupled with the horrendous and unfair trade deals we are making with Mexico, then their contract violating closure of Miss Universe/Miss USA will be determined in court. Furthermore, they will stand behind lying Brian Williams, but won’t stand behind people that tell it like it is, as unpleasant as that may be.

NBC dropped Trump because of his ‘racist remarks’ against Latino’s. His offensive remarks: “they bring drugs, crime and rapists“.

Source: CNN Money

Trump for President?

Perhaps it has occurred to you as it has to me that the United States is no longer capable of producing political leadership. In the current issue of Trends Journal, Gerald Celente describes the eight candidates (at the time he went to press) for the US presidential nomination as “Liars, cowards, freaks & fools.”

Celente put it well. If you look at the sorry collection that aspires to be the CEO of what continues to be described as the “exceptional, indispensable, most important country with the largest economy and military, the world’s only Superpower, the Uni-power,” you see a collection of nobodies. America is like the last days of Rome when contenting factions fought to put their puppet on the throne.

There is no known politician in America who measures up to Vladimir Putin’s ankle, or to the knee of China’s leaders, or to the waist of Ecuador’s, Bolivia’s, Venezuela’s, Argentina’s, Brazil’s, or to the chests of India’s and South Africa’s.

In Europe, the UK, Australia, and Canada, the natural leaders are also frozen out of the corrupt system.

In the US, “leadership” positions depend on financial support from the ruling economic interests. American presidents and politicians represent about six powerful private interest groups and no one else.

After Celente went to press, Donald Trump announced to much mirth. A “con man” they say, but what else is the President of the United States? Do you think you weren’t conned by Clinton, George W. Bush, and Obama? What universe do you live in?

In actual fact, Trump might be our best candidate to date. By all accounts, he is very rich. Thus, he doesn’t need the office in order to become rich by selling out America to interest groups.

By all accounts, Trump has a healthy ego. Thus, he could be capable of standing up to the powerful interest groups that generally determine the governance of the American serfs.

Trump’s ego might even be strong enough for him to stand up to the Israel Lobby, something my former colleague, Admiral Thomas Moorer, Chairman of the Joint Chiefs of Staff, said publicly that no American President was capable of doing.

As Celente makes clear in the current Trends Journal, all politicians are con men or con women. We are going to have them regardless, so why not try a rich one who might decide to break with tradition and serve the interests of the citizenry. This would be a unique accomplishment, affording Trump the elevation in history books that would satisfy his ego. When a person reaches Trump’s state, does he need another couple of billion dollars or is historical recognition as the savior, however temporary, more valuable?

This is not my endorsement of Trump for President. It is merely my speculations on how we might think of how large egos might be brought into our service. When we put the Clintons in office, they decided to make money so that they could outdo Hollywood and show their arrival with the $3 million they spent on their daughter’s wedding.

For Trump, $3 million is pocket change.

The rich are everywhere demonized, but no action follows. So, let’s consider voting for Trump. Some of the better Roman emperors were rich. Their riches allowed them to maintain the stability of the state and to think about its long-run survival. They could outbid the private interests that wished to overthrow them for their own purposes of immediate and highly selective gain.

It would take a lot of money to outbid Trump, although if he neglects the Secret Service and the CIA, he could go the way of John F. and Bobby Kennedy. He would have to make certain he was well protected if he cuts the budget of the military/security complex.

Money, lots of it, has one great virtue. Money in sufficient amounts conveys INDEPENDENCE. Trump, if press reports are correct, has money. This means, if correct, that Trump, unlike every other candidate, has independence from the ruling handful of private interest groups.

If Trump can assemble independent thinkers as his advisers, thus keeping himself out of the hands of the usual interest groups, should he be able to get elected, his administration could succeed in taking America in a more promising direction.

An important question is: can a really rich person find and be comfortable with peers who are not themselves really rich? If not, then Trump is not our man. But if Trump wants to save our country, he has the money and the ego, and he can find enough people to help him.

This opportunity doesn’t mean that it will be seized or that it would pan out. If Trump is our best choice, imagine how deplorable our situation is.

Dr. Paul Craig Roberts was Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal. He was columnist for Business Week, Scripps Howard News Service, and Creators Syndicate. He has had many university appointments. His internet columns have attracted a worldwide following. Roberts’ latest books are The Failure of Laissez Faire Capitalism and Economic Dissolution of the West and How America Was Lost.

Shuttleworth loses tax battle

Billionaire Mark Shuttleworth has lost his six year battle for a R250 million refund from the Reserve Bank.

The Constitutional Court has had the final say in the matter, finding that the 10% exit levy he was charged was not a tax.

Shuttleworth was made to pay the amount when he applied to move all his capital, some R2,5 billion out of the country. He emigrated to the Isle of Man.

In a majority decision, penned by Deputy Chief Justice Dikgang Moseneke, Shuttleworth will not get a refund.

“I have found that the dominant purpose of exit charge was not to raise revenue but rather to regulate conduct by discouraging the exit of capital and to protect the domestic economy,” says Moseneke.

The decision to impose the 10% exit charge on capital exceeding R750 000 was announced in a budget speech delivered in 2003 by the then Minister of Finance as a condition to the export of that capital.

Rupert: The rich will want to conceal their wealth

Johann Rupert, the South African who has made billions peddling Cartier jewelry and Chloe fashion, said tension between the rich and poor is set to escalate as robots and artificial intelligence fuel mass unemployment.

“We cannot have 0.1 percent of 0.1 percent taking all the spoils,” said Rupert, who has a fortune worth $7.5 billion, according to data compiled by Bloomberg. “It’s unfair and it is not sustainable.”

The founder and chairman of Richemont, whose 20 brands also include Vacheron Constantin and Montblanc, said he expects advances in technology to lead to job losses after having read books on the subject recently. Conflicts between social classes will make selling luxury goods more tricky as the rich will want to conceal their wealth, Rupert said in a speech Monday at the Financial Times Business of Luxury Summit in Monaco.

“How is society going to cope with structural unemployment and the envy, hatred and the social warfare?” he said. “We are destroying the middle classes at this stage and it will affect us. It’s unfair. So that’s what keeps me awake at night.”

Rupert, a university dropout whose father made a fortune setting up Rembrandt Tobacco Corp. and selling it off, has in the past made other social critiques. Nicknamed ‘Rupert the Bear’ for his pessimistic views on the economy, the 65-year-old refers to himself as a “reformed prostitute,” having spent a decade as an investment banker. He said in 2008 that the collateral damage from the financial crisis was yet to come.

“We’re in for a huge change in society,” he said Monday. “Get used to it. And be prepared.”

Source: Bloomberg