The Promised Land – Fat Tail Daily | Australian Markets

The Promised Land - Fat Tail Daily The Promised Land - Fat Tail Daily

The Promised Land – Fat Tail Daily | Australian Markets


POTUS appears to be making good on no matter guarantees he made in exchange. He retains sending US weapons and money to Israel. But his ‘base’ is turning into uncomfortable.

Last week it regarded just like the unfastened coalition often called MAGA is likely to be turning into unstitched. Several “MAGA” influencers went off-script. Candace Owens, Tucker Carlson, Steve Bannon, Rand Paul and, notably, Mike Pence, chafed and moaned…

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Conservatives — resembling they’re — are starting to marvel…and push back…about Epstein, tariffs, ICE, deficits and AIPAC.

A new group, run by Mike Pence, feedback on tariffs. The Hill:

“The truth is that Americans, not foreign countries, pay tariffs. American families know the truth: tariffs hurt hardworking American families while funding the very swamp that President Trump ran on draining. ‘Drain the Swamp’ means stopping the tariff funding for K Street, not growing it,” states the memo from Advancing American Freedom Foundation, which was obtained solely by The Hill.

The memo cites a 599 % increase in tariff lobbyist income this yr in comparison with 2024, with the entire worth of tariff lobbying contracts totaling roughly $8.8 million, in response to House Clerk Lobbying Disclosure.

One of the results of the shift from a authorities of legal guidelines…to a authorities of (huge) males…is that the lads are more open to grift. And more subject to affect. So, the swamp grows deeper. And Raw Story studies on the break-up:

‘Trump has betrayed us’: Candace Owens assaults Trump as ‘deep state’ president

Another instance: Donald Trump pledged to finish the struggle within the Ukraine on ‘day one.’ He made the promise no less than 53 instances during the 2024 marketing campaign.

But the ‘defense’ industry is within the deepest half of the Deep State. And it doesn’t need the struggle to finish. So, day one glided by…together with more than 200 more days…and nonetheless no peace.

Which divides MAGA-land into two teams. On the one facet are those that will comply with Mr. Trump no matter what. On the opposite are those that marvel the place he’s going.

Perhaps even more terrifying — to politicians — than the firepower industry is one other large puddle within the Deep State swamp — AIPAC.

The American Israel Public Affairs Committee and its backers are the most important single source of marketing campaign money within the nation. Sheldon Adelson, for instance, declared that his most important curiosity was Israel’s future. Newsweek:

Sheldon Adelson Gave Trump and Republicans Over $424 Million Since 2016

Sheldon’s widow, Miriam, says she received ‘stuck’ within the US by her husband, however her ‘heart’ remains to be in Israel. The Times of Israel:

Miriam Adelson provides $100 million to Trump marketing campaign…

POTUS appears to be making good on no matter guarantees he made in exchange. He retains sending US weapons and money to Israel. But his ‘base’ is turning into uncomfortable.

There are few indeniable truths in public life. But Marjorie Taylor Greene will need to have come close to at least one of them.

“We’re $37 trillion in debt and Americans on both sides of the aisle are frankly sick and tired of their hard-earned tax dollars going to murder people in foreign countries…”

Ms. Greene went on the assault. Just The News:

MTG says AIPAC ought to register as a international lobbyist after pushback for Gaza genocide feedback

Greene mentioned that AIPAC began sending out fundraising assault emails about her after she mentioned that the genocide, hunger and humanitarian disaster in Gaza was horrific, just like the Hamas assault on Israel on Oct. 7, 2023.

And now together with Paul Singer and John Paulson, two of the world’s richest hedge fund managers, Miriam Adelson and AIPAC are making ready to ‘primary’ each our favourite congressman, Thomas Massie…and MTG too. The two have grow to be stones within the Big Man’s shoe…and might be focused for removing.

This might be an important check. Voters don’t like ‘outside interference.’ And conservative organizations have given Greene and Massie some of the best rankings in Congress; Greene received a 98% score from CPAC whereas Massie was at 93%. So how a lot traction will the super-rich, huge metropolis sons of Abraham get? The hills and backwoods of Eastern Kentucky and Western Georgia aren’t precisely the Promised Land.

Regards,

Bill Bonner,
For Fat Tail Daily

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Please search unbiased financial advice relating to your own scenario, or if doubtful in regards to the suitability of an investment.

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