President Donald Trump's monologue at the World Economic Forum was comedic in many ways. He cited record inflation, highest in U.S. history. Does he think people who lived through the 70's and early 80's are no longer alive?
His nose should have fallen off when he talked "law and order" after pardoning January 6th insurrectionists, which he called "hostages." These items show how hard Trump is working to usurp Jimmy Carter's legacy. After losing re-election (which Trump "never did"), Carter worked hard to bring Iranian hostages home and appointed Paul Volker to head the Fed during real record inflation.
The World Economic Forum removed the laugh track for Trump II's monologue. After his rant and ramble, the digital Caligula took questions from a distinguished panel, which included at least one friend.
Blackstone Group co-founder Stephen Schwarzman went first and the private equity underwriter (PEU) lobbed a giant softball about European regulation. The greed and leverage boys are giddy over even more tax cuts, reduced regulations and continued access to Uncle Sam's wallet. They'd love Europe to follow suit.
Politicians Red and Blue love PEU and increasingly, more are one. TechGods recently joined the PEU class in bear hugging politicians, doing so more publicly and with extreme checkbook vigor. The greed and leverage boys did so for decades but behind the scene, in places live Davos, Switzerland. They became oligarchs and Davos the annual oligarchic strategic planning session.
Trump uses and usurps people, as do the PEU boys. The game is on for the most powerful people in the world to further themselves and their firms. Regular people are not front and center in their mind.
Update: After watching the Trump's speech, my wise friend offered:
If this guy was a sponge he could soak up all the oceans. The self absorption is incredible.
