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Agent22Smith's avatar

Let's not limit "what history unleashes" to the current set of actors in the Administration. I'd start with LBJ, then add GHWB, GB Jr, Obama and Biden to the mix. We can thank LBJ for the unpardonable escalation of the Vietnam war, GHWB for his incursion into the Middle East, his son for letting Cheney et al lure him into Iraq and Afghanistan, and the two recent Dems for making idle threats rather than focusing on strengthening the U.S.'s capability to defend itself, which includes actually addressing our deteriorating infrastructure.

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working stiff's avatar

makes (common) sense, BB lacks.

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Chris Cloutier's avatar

You can go back well before LBJ. Back to Teddy Roosevelt at least. The only president since WWII to warn against foreign entanglements was Eisenhower. Why don't we mind our own business and let the other countries take care of theirs? I'd say it's because the group that really pulls the strings in the US finds it's good for business.

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Steve L's avatar

Yes Bill, It seems the acts of violence and over spending, especially with all the corruption in the democrat cities, are the problems caused by the deranged leftist. America will be great again, unfortunately it will come at a very high cost. Most likely the civil war the corrupt are pushing for to hide all the evidence of their crimes.

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Cartero Atómico's avatar

Do you really believe that? Last year alone the national debt increased by about $2.4 trillion. Both teams have run up a debt of over $33 trillion this century. Even "conservative?" superstar Ronnie Reagan almost tripled the national debt during his 8 years in office.

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An Ol' LSO's avatar

Cartero, you are spot-on. The corruption in Washington is beyond anything I ever expected to see in the USofA. I thought there were three (3) branches of government but - apparently not. I don't know where this is going but it isn't going to make America great again. It is cutting the U.S. off from the rest of the World and other than bombing and short regime change operations set-up by the CIA, the U.S. military is ineffective. What is coming ahead is not only going to be chaotic but horrific for us peons. And, voting - forget it. As the ol' saying lamented - "if voting was power we wouldn't be allowed".

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Agent22Smith's avatar

Cartero, you commented elsewhere in this post about Trump’s unsavory business practices. They make him uniquely qualified to accelerate the slide he inherited. He’s now doing to the entire country what he did to creditors and vendors - screwing us to enrich himself, his family and his cronies. How can one rationalize that based on a few things he may be doing right and/or crimes that the Biden clan perpetrated?

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Sluggo's avatar
7hEdited

That's what Reagan got for trying to work with Democrats, and trusting them to keep their word. If EVER there was a politician that was a living caricature of the bloated slovenly mess that was (and is) Congressional spending, it was Tip O'Neill. What a national embarrassment that fat-ass was.

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Cartero Atómico's avatar

I hate to tell you this but Trump is also a bloated slovenly mess. A billionaire eating crap from McDonald's, yikes.

As far as Reagan - he had control of the Senate for 6 years, plus he managed to put through huge tax cuts and massive defense budget increases, so why couldn't he push through bills that reduced the deficits? Why did David Stockman quit in disgust? Maybe Reagan wasn't the conservative he proclamed himself to be? Maybe he was just another empty suit? I do recall Reagan saying that he had no knowledge of Iran-Contra.

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Sluggo's avatar

You don’t need to “hate to tell” me anything. I don’t suffer from Type-2 TDS.

Nice try, though.

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Cartero Atómico's avatar

Maybe you suffer with TWS. Trump Worship Syndrome? Sorry I don't have TDS - my mental condition is PDS - Politicians Derangement Syndrome. Trump, Bush, Biden, and Obama are a quartet of con artists - both teams ran up a debt of over $33 trillion this century.

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Sluggo's avatar

Another swing and a miss.

Type-2 TDS is Trump Devotion Syndrome.

Keep swinging…

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Mike H.'s avatar

Hard to believe your note that the Trump admin went after Maduro to control Venezuelan oil with Trumps real rationale being this action would protect the dollar, as the reserve currency for oil, given China was purchasing oil from Venezuelan using the Yuan. Venezuelan reserves are large but its production is small - total oil exports from Venezuela account for 1% of world oil supply. Hard to believe Trump took all this risk to stop 1% of world oil supply being traded in yuan (and that is assuming 100% of its oil was being sold to China in yuan)

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Chris Cloutier's avatar

What was the risk? He's in his last term. Venezuela has huge reserves, in fact the largest in the world, and the US will get it out even though it's not ours. The hedgemon continues its meddling in everyone elses business all around the globe. Does what goes on in Venezuelan affect your day to day life? Why should I give a rats ass about what they do down there. Leave em alone and let them take care of themselves.

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RANDALL R NORTON's avatar

Well observed and explained.

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Tom Langdon's avatar

What ever happened to "money is our beat" and we are here to "connect the dots"? It would appear that the only dots you are interested in connecting are those that lead to Trump and his authoritarian approach to governance.

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Don Hrehirchek's avatar

Well, Tom Almost all of what You and I do are affected by government . From spending ones dollar on groceries to investing. Look at where Your dollar goes. Bill just points out many a disadvantages of government intervention in the economy. And from My side of the ledger many people do not see this.

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Paul Murray's avatar

Somebody tell Mr. Bonner the good news: the fact that Venezuelan oil is "black goo" as opposed to "light sweet" means that the Venezuelan stuff is closer to becoming coal (and, eventually, DIAMOND), than that of Saudi Arabia. Here's the opportunity he's been waiting for! Go l-o-n-g, way long, on coal, Bill, courtesy of your personal nemesis, DJT. Best always. PM

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Homer Bell's avatar

Exactly agent 22, Bonner don’t want to talk about the Dems though, he just bashes Conservatives. No mention of Adam Shiff and the other liers from California. Bill has the disease, TDS.

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Cartero Atómico's avatar

No matter which team you may be on, does anyone have a problem with Trump buying mortgage bonds to further inflate the housing market. Especially for conservatives who quote Reagan's "The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help." Hasn't the government done enough damage to the housing market already?

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Paul Murray's avatar

Does it really matter which "market" the government is currently ruining? I've been in the automotive business most of my life. The government absolutely, unequivocally destroyed that "market". Housing is just the destruction du jour. I don't mind if everyone is on the same page that government is the problem. I do mind when people act as if Donald Trump is the only and sole manifestation of the problem. Best always. PM

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Cartero Atómico's avatar

I'm a political atheist. In my humble opinion both teams are run by corrupt idiots. I like to say that in politics it's not the cream but the scum rises to the top. Have a great day.

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Cartero Atómico's avatar

As far as Trump is concerned I was living in Philadelphia when his AC casinos went bankrupt. At the time he was basically a New York City liberal and friend of the Clinton. He even donated to Hillary's 2006 senatorial campaign. Thus the local press coverage was not biased against a "conservative" Trump. And that coverage included the damage he did to small contractors when he refused to pay them. Since that time I've detested him. I couldn't understand how anyone could look themselves in tbe mirror after doing that. So I'm not a Johnny-come-lately TDS sufferer.

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Abe Porter's avatar

Cartero:

I agree with some of what you said. I don’t like Trump as a person. He doesn’t have the dignity of admitting when he is wrong BUT most presidents before him have been devastating for the country. He has done SOME things right. He closed the border, he opened our oil, he is removing criminal immigrants from America (hopefully only criminal), he has removed the WOKE madness, he has prevented children from Doctors changing their gender without parental consent. Probably other things as well.

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Cartero Atómico's avatar

I agree with that, Abe. But I still remember reading stories about the stress he placed on the small contractors. He had the resources to pay them. I have a problem with holding grudges and would love to see Donnie endure the same type of suffering.

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Abe Porter's avatar

Many business people are greedy, dishonest and unscrupulous. I believe in being a better person and treating people with dignity. Sometimes an eye for an eye is OK, but it’s better to turn the other cheek. I can’t think of any US president that hasn’t been i.e. like Donald Trump. Maybe Harry Truman, but remember he gave the order to use the atomic bomb.

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Cartero Atómico's avatar

One thing positive about Truman is that after JFK was murdered Truman wrote an essay in the New York Times criticizing the CIA which he himself had established. Looks like he was hinting at CIA involvement in the murder.

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Agent22Smith's avatar

Ditto.

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Jim McCollum's avatar

The government problem today is Donald Trump and the spendthrift Congress currently in place. But I cringe at the thought of the Dimocrats taking over after this fall's elections.

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Chris Cloutier's avatar

Watch the hell out if you're a country with natural wealth(oil, minerals, etc), or in a strategic location.,Especially if you're a smaller country in the western hemisphere. The US is coming after your ass. Kinda sounds like the Roman Empire in it's late stages. Very high inflation, massive debt, meddling all over the place with plenty of decadence at home. Empires come and go.

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John P Gallien's avatar

Absolutely. Especially if you're such a wonderfully nice man like Maduro who was only trying to make all his citizens wealthy and free. It's such a shame.

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Mike Ware's avatar

😂

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John Loos's avatar

I love reading Bill Boner for his ability to retrieve historical anecdotes that correlate to modern day verified and unverified news. But Bill Bonner’s greatest gift is him farting in our space suits.

Example:

Trump can close our borders overnight.

Trump can dramatically improve the trade imbalance.

Trump can seek out hundreds of billions of dollars of fraud.

Trump can blow up the Iranian Uranium enrichment bunker.

Trump can swoop into Venezuela and capture the anointed bus driver communist turn narco terrorist Maduro.

Trump can ink deal after deal that benefit the United States of America.

While Bill Bonner sews a suit on to a button.

Love you Bill Bonner.

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working stiff's avatar

more blah, blah, blah its Trumps fault. Blah, Blah, Blah - This shit has been going on for centuries, the only change is information overload, we know know, within minutes, when the gods fart, or a gun goes off, or a dictator falls - big deal - take a 30 day respite, come back to the same shit, and same posts by BB.

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Bob Haskel's avatar

Can someone please give me a definitive time which they are referring to "Making America Great Again". I would like to have some frame of reference so I have an idea of what we are aiming for.

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John P Gallien's avatar

The jungle gospel according to Bongo Bill. He leads us down the slopes into the dark and burning pits of molten heavy crude telling us we are going to our destruction! And it's such a shame because Maduro is such a sweetheart!

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Angry Icebergs's avatar

Nature knows not good nor evil, right nor wrong, true nor false; only survival.

The strong prosper, the weak succumb.

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Cartero Atómico's avatar

Speaking of weakness have you taken a look at your fellow citizens? Only 25% of the draft age population would qualify for service. That's why I used to tell my fellow old-timers at the gym that we better be careful, if they ever need a draft again they might have to include our age group. Could be one of the downsides of staying in shape!

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Odin's avatar

Dads army is go!

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Ron Gerber's avatar

Appreciate the daily writings Bill B. and this is one of the best.Don’t always agree spiritually but thanks for the insight into the crookedness of earthly leadership. When I have time I even enjoy the comments,often marveling at the voices in the crowd shouting’’Trump knows what he’s talking about’’.

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Bill's avatar

First , american refineries were all built in design for heavy crude. Not a surprise, since they own the oil in Venezuela.Et al. Your light sweet preference comment is wrong. I actually got some of that from the strategy report.

Vichy France comparison? This is a coward like administration? Nobody around the world is forced to use the dollar. I've been banking, my gold, silver and platinum.So I might someday be able to buy an apple. I think. Therefore, I need to get in the microscope

business. That might be a great phone app. The heck with bitcoin. Let's start a new currency bit gold bit silver bit platinum. Put one percent into big tulip bulb. Sorry for the poor grammar.

Always the best.

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Sluggo's avatar

"You’ll recall that in 2000, Saddam Hussein began offering Iraqi oil in exchange for euros. The US trumped up a ‘weapons of mass destruction’ charge soon after;..."

Dang, Jimm. There goes Mr. Bonner beating up on a Bush again. Sorry, man. This has to hurt.

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