Same Shit. Different Day
So November 5th happened and Donald Trump will make his way back to the White House becoming the second president in United States history to serve as president non consecutively. The first president to accomplish feat was Grover Cleveland waayy back in 1897.
Grover Cleveland served his first term from 1885-1889 and his second term was 1893-1897. Needless to say, Donald Trump will be forever known as a cultural force to be reckoned with especially after what happened Jan 6th, 2021. Many political pundits wrote Trump off and thought he would fade into the either, boy were they wrong.
Fast forward to November 6th, and we now have Trump winning the election decisively. Now what? Is he going to be any different than he was during his first term in office. I don't think so. I think we are in for chaos and ineffective governance. Just look at the dynamics in the House and Senate.
Republicans won another slim majority in the House of Representatives and have a 52 seat majority in the Senate. Hardly a sweeping mandate to get shit done but enough to maybe move legislation. The Trump administration is going to have to contend with watered down bills that don't fully fulfill Trump's political agenda. Have you seen his cabinet picks?
- AG-Pam Bondi
- Department of Defense- Pete Hegseth (FOX NEWS Host)
- HHS-RFK Jr.
- Director of National Intelligence- Tulsi Gabbard
- Secretary of State- Marco Rubio
- Homeland Security- Kristi Noem
These names don't exactly inspire confidence to be honest. What do they know about running these departments? How good is their judgement and discernment? Trump seems to be hiring people that kissed his ass the most. Not a good standard to run a government on. I would rather have someone who can standup have a backbone regardless the consequences.
Is this what you voted for Bitcoiners? How is this any different than Trump's first four years in office? As a single issue voter you might be happy with Trump's stance on Bitcoin and crypto in general, which I fully understand but this isn't the end all be all. Nothing happens in a vacuum right? There is still the issue of immigration, foreign policy, taxes, government spending and so on.
Trump's track record on all of these issues have been spotty at best. The wall wasn't built, his administration should have anticipated lawfare and prepared beforehand. Illegal immigration continued basically unabated during his first term.
On the foreign policy front he antagonized our allies and cozied up to America's enemies such as Russia and North Korea. I mean how dumb do you have to be to think that either of these countries would be our ally? Russia has a stated goal of breaking the dollar hegemony over the world and North Korea is just plan weird with nuclear weapon. America is stronger when it can get other countries to follow its lead. It's essentially is a force multiplier for the country and allows us to keep more money in our country versus spending it on the military.
Pulling out of NATO or any other agreements is short sighted and ill advised. I'd rather have our allies join us in a fight than leave us hanging to fight our own battles. America needs to have a bigger gang than its enemies. It's really that simple. American power should be wielded more wisely than Biden or Trump has been doing.
Government Spending Still Going UP
For all the people that say that Trump was so great for the economy, did they bother to look at how much money his administration spent in 4 years? According to the Committee For A Responsible Federal Budget, President Trump signed into law $8.4 trillion in spending during his first term in office. Should he get a pass for COVID-19 and the actions he took to combat that, I don't think so.
He didn't have to send out stimulus checks. Most people didn't need them. If the government didn't shut down the economy the stimulus checks wouldn't have been a thing. This was poor judgment on his part and makes me question if he will make the same mistakes with spending again. $8.4 trillion isn't a small number and is a number that can't be comprehended.
Did you know the average American worker making $50,000 a year would take 20 million years to pay off $1 trillion in debt? So all this debt that the government is piling on us will not be paid back. We are headed towards insolvency and Trump has made it worse. It doesn't matter if a Republican or a Democrat is in office because nothing changes, government spending is still going up and will go up forever until the debt bomb implodes.
This is why everyone should be buying Bitcoin, if you don't you are going to be in a world of hurt. Please take this chance while you can to get on the orange lifeboat.
To close this out, President Trump isn't going to save you. President Trump isn't going to save the economy. President Trump isn't going to make America great again because structurally he can't, the system is designed to extract wealth and implode. This is what all fiat currencies do and the dollar will be no different. If you are a Trump supporter, sorry to burst your bubble but I would rather you hear the truth than live in the world of fake hero worship.