[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Immediate Use of Ivermectin Medicine Globally Can End COVID-19 Pandemic: Scientists

COVID Fraud – Lawyers & Medical Experts start legal proceedings against W.H.O and World Leaders for ‘Crimes against Humanity’

School Board Nazi struggles to breathe while she orders kids to wear masks…

Warren says she'll run for reelection to Senate

WiThheld rouTers ... The laTesT of many roadblocks --- To Arizona SenaTe's audiT of 2020 elecTion

Windham ResidenTs ... Refuse --- To Be Silenced

When Cruelty Actually Is The Point

Fauci's agency spent over $400k on experiments grafting aborted fetal scalps onto mice and rats

Who Is Bill Gates? (Full Documentary, 2020)

Here Is What Republican Voters Really Believe in. It's a Shame the GOP Has No Idea

guTTing america ... going back --- on Track

“The ElecTion is Over”... Trump HaTer Cindy McCain Trashes Arizona ElecTion AudiT ---“Ludicrous” (VIDEO)

DissidenT Episcopalians awarded $100 million worTh of property ... as U.S. Supreme CourT --- declines To Take up Fort WorTh case

Joe Biden needs to stop lying about the cause of the border crisis and start fixing it

George W. Bush says ... The Republican ParTy has a shoT aT fuTure elecTions if iT curbs --- iTs 'whiTe Anglo-Saxon ProTesTanTism' ( heriTage )

BREAKING EXCLUSIVE - TGP’s Jordan Conradson InTerviews AZ AudiT DirecTor Ken BenneTT — HUGE DEVELOPMENTS ... Including Plans To Triple OuTpuT --- QuesTions on Number of FraudulenT BalloTs (VIDEO)

Can Democrats Avoid a Wipeout in 2022?

Biden declares war on America -- literally

Former Trump assisTanT says ... 'freighT Train' of elecTion resulT audiTs coming --- 'The MAGA movemenT is demanding answers'

Tim Scott's 2024 Star Rises After Biden Rebuttal

“We Will Find MisTakes – IrregulariTies ... We Probably Are Going To Find OuTright Fraud” --- AZ GOP Chair Dr. Kelli Ward Give - UpdaTe on HisToric AudiT (VIDEO)

Australia security official warns nations are ‘beating drums’ of war amid Asia-Pacific tensions

Former Obama White House advisor Seth Andrew arrested, accused of stealing from charter school he founded

This is fo sucking funny ... Joe has no clue --- The dumbocrap leaders are in a hearT aTTack panic!!.

The voter suppression lie

War Room ... Rachel Maddow Is Worried abouT whaT AZ ElecTion AudiT will Find — She Knows Georgia Is NexT

Conspiracy Queen Rachel Maddow ... Panics Over --- ‘Dangerous’ Arizona Vote AudiT

‘True To iTs docTrine’ ... ConservaTives plan for a new church afTer UniTed MeThodism spliTs --- over homosexualiTy debaTe

Michael Eric Dyson - WhiTe People Can Help BLM ...by Holding RacisT RelaTives --- ‘To AccounT’ aT Thanksgiving

Derek Chauvin ... The GreaT --- WhiTe DefendanT

New Mexico state trooper executed by Mexican cartel member… Horrific Video

John Kerry in Earth Day wonderland

Democrats Are Cheaters

Derek Chauvin's FaTe ... Is Now in The Hands --- of The Jury

Fools' overture

Democrats Are Terrified of Georgia

Climate Media vs. Climate Science

Why We Black Leaders Support Voter ID Laws

Pelosi: ‘No Plans' to Bring a Court-Packing Bill to the House Floor – at This Time

B-1 Bombers Are Deploying To Norway For The First Time With An Eye On Nearby Russia And The Arctic

High School Coach Fired After Refusing To Enforce “Insane” Outdoor Masks During Sports

CNN Says Chinese-Style Fonts Are Racist

Gran Torino Denounced for Anti-Asian Racism

'It Is Still Not Safe To Go Outside,' Says Fauci's Head In A Jar In Year 2739

Biden Re-Ignites the Waco Fire

Over 500 White People Have Been Killed By Cops Since 2020. There Has Been No Rioting Over Those Deaths.

Buttigieg on Exaggerated Infrastructure Jobs Estimate: ‘I Should Have Been More Precise’

Videos - ChrisTians Tear Down MeTal Fences ... Denounce The Closure Of GraceLife Church --- Due To A COVID-19 ResTricTions

Pete BuTTigieg ... To evangelical vaccine hold-ouTs --- Maybe iT's parT of God's plan

TINHORN FLATS ... The Symbol of Modern Day America --- AgainsT Tyranny


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: Crashing markets increase the odds of a Trump presidency
Source: [None]
URL Source: [None]
Published: Aug 25, 2015
Author: Charles Gasparino
Post Date: 2015-08-25 14:54:41 by tpaine
Keywords: None
Views: 565
Comments: 6

nypost.com

Crashing markets increase the odds of a Trump presidency

Photo: Reuters Crashing markets and floundering economies amplify voter anxiety — just like they did in 2008, when they helped propel into the White House a one-term US senator and “community organizer.”

So, is it really so crazy to think that voters might elect as president in 2016 a real estate developer with little policy experience but lots of experience in land speculation, building casinos and reality TV?

After months of believing Donald Trump was a flash in the pan, I’m willing to concede that The Donald could become the GOP nominee — and possibly the next president of the United States.

Why? Mainly, the real and obvious public angst that always accompanies economic uncertainty — which we have in spades these days, as witnessed by three successive drops of between 300 and 600 points in the Dow Jones Industrial Average, as well as continued lackluster economic growth that could get dramatically worse just in time for the 2016 presidential election.

You’d think that in such tenuous times, voters would opt for the steady hand to guide them. But history teaches us voters often take chances when times get rough by electing candidates who challenge the status quo.

Sometimes they get lucky, as they did when they elected an agent of change named Ronald Reagan. Sometimes they don’t — and they get a Barack Obama.

Either way, as the economy becomes ever more speculative, Trump’s chances of becoming president grow. I personally like The Donald and admire his ability to rebuild and rebrand himself and his business from near ruination when, in the early 1990s, he was best known for a messy divorce and lots of underwater real estate.

He’s now by most estimates a legitimate billionaire with one of the best-known brands ever created.

I’m less admiring of his sometimes noxious use of nationalism to gain cheap political points. I can’t tell you whether Trump really believes what he says about stamping out illegal immigration or defeating ISIS or crafting better trade deals with China and Japan.

But Trump’s views these days certainly sound good to many voters fed up with mealy mouthed establishment pols, so much so that they are willing to overlook his rhetorical excesses and policy gaffes.

He wants to impose tariffs on Chinese and Japanese goods. But if you think we might be heading into a recession (recall economic expansions historically last around seven years, which means we should be due for a slowdown), the last thing you want to do is increase tariffs.

Do a little research and you’ll see the depths of the Great Depression were preceded by the Smoot-Hawley Tariff Act, which set off a global trade war and slowed the stock market and ground an already weakened economy into the dust.

Even worse, he seems to be wrong on many facts about the economy. Monday, amid the market upheaval, Trump tweeted: “As I have long stated, we are so tied in with China and Asia that their markets are now taking the US market down. Get smart USA.”

No offense to The Donald (a graduate of the prestigious Wharton Business School), but the reason for Monday’s massive sell-off had less to do with the Chinese and Asian “markets” and more to do with fears of a US recession on the heels of a Chinese economic slowdown (they are a significant trading partner) at a time when the Fed wants to raise and “normalize” interest rates because they’ve been so low (zero, to be exact) for so long.

Yet Trump remains resilient. He leads in all the public polls. Even the more reliable independent polls that once depicted Trump’s lead as less formidable are now starting to turn in a more pro-Trump direction, I’m told.

Of course, it’s not just a cheap appeal to nationalism that accounts for the Trump boom. Admirably to many Americans (myself included), Trump speaks his mind, uninhibited by left-wing political correctness.

And give him credit: Jeb Bush, the nominal GOP front-runner, was so scared to offend people that until Trump began pounding the issue, he barely acknowledged that there was an illegal-immigration crisis.

All of which means that Trump could be president, policy positions be damned.

Charles Gasparino is a Fox Business Network senior correspondent.

Notice anything wrong? Send Silk feedback

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: tpaine (#0)

The executives at FOX as well as the FOX advertisers need to make a decision, are they going to cater to their conservative audience or are they going to fight the most popular candidate in the past hundred plus years.

At the bottom of the Declaration of Independence, there are these words: And for the support of this Declaration, with a firm reliance on the protection of divine Providence, we mutually pledge to each other our Lives, our Fortunes and our sacred Honor.

Donald John Trump has been the first man, since then, putting his life, his honor and his money on the line for this country. All others go into office using the money of those who own them, this man, Donald Trump, is using his own money, his own plane, and while having been threatened stands tall.

Roger Ales needs to get his face out of the Ale and start thinking of his advertisers and network.

BobCeleste  posted on  2015-08-26   7:30:07 ET  Reply   Trace   Private Reply  


#2. To: BobCeleste (#1)

Donald John Trump has been the first man, since then, putting his life, his honor and his money on the line for this country. All others go into office using the money of those who own them, this man, Donald Trump, is using his own money, his own plane, and while having been threatened stands tall.

And it should tell you A LOT about our regular posters that spit on him. As I've always said. There are many here that are more libtarded than they want you to know. They hide under the colors of LIBERALterian platforms... and they keep those weak filthy liberal ideals in the closet.

I like exposing them... Trump is making it easy.

I'm the infidel... Allah warned you about. كافر المسلح

GrandIsland  posted on  2015-08-26   8:04:07 ET  Reply   Trace   Private Reply  


#3. To: GrandIsland (#2)

You tell 'em GI!

buckeroo  posted on  2015-08-26   8:34:44 ET  Reply   Trace   Private Reply  


#4. To: BobCeleste, grandisland, buckeroo (#1)

BobCeleste (#1) --- the most popular candidate in the past hundred plus years...

And it should tell you A LOT about our regulars posters that spit on him. They hide under the colors of LIBERALterian platforms... I like exposing them... Trump is making it easy. - grandisland

You tell 'em GI! buckeroo

Trump is a closet libertarian, and we all like him, -- except that Grandi-ous has an irrational thing going about libertarians.

Go figure..

tpaine  posted on  2015-08-26   10:44:58 ET  Reply   Trace   Private Reply  


#5. To: tpaine (#4)

Trump is a closet libertarian, and we all like him

You couldn't tell the truth if it was gonna net you a free Baggie of weed and an on-line PHD degree in constitutional law from AnarchyUniversity.com.

I'm the infidel... Allah warned you about. كافر المسلح

GrandIsland  posted on  2015-08-26   11:25:23 ET  Reply   Trace   Private Reply  


#6. To: GrandIsland, Y'ALL (#5)

Trump is a closet libertarian, and we all like him, -- except that Grandi-ous has an irrational thing going about libertarians.

You couldn't tell the truth if it was gonna net you a free Baggie of weed and an on-line PHD degree in constitutional law from AnarchyUniversity.com.

You're delusional about libertarians, and everyone here knows it.

And I like Trump. -- So, -- What do you imagine I'm lying about?

tpaine  posted on  2015-08-26   13:02:25 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com