Okay, now they are just jacking with us.

Then, Rudy Attorney at Law, why do we ever have anybody testify if recollection is a fleeting thing?  And why do we waste time in a court of law to instruct a jury that they are not to assume facts not in evidence?

Does Rudy Attorney at Law understand how this courtroom stuff works?

Okay, so he could shoot somebody, and I think he means even you, and not be indicted for it?

Okay, I think he means that you can’t indict a president while he’s in office (which ain’t anywhere in the Constitution) but you’d have to impeach him first and then indict him.  Okay, so what if the president controls both houses of congress and the Supreme Court?  Does he automatically become Joseph Stalin?

If you have a president who the House won’t impeach, you’ve got a President who can dress like the Terminator, kill all the Democrats in the country for 8 years and then pardon himself the day before his terms ends.

Y’all, Rudy makes Trump look sane.

The business press is now widely reporting that Trump, after wrecking relationships with all of our allies, is now poised to further urinate on German relations by slapping a 25% tariff on imported German cars.   German automakers’ stocks have fallen over $20 billion since Trump started his most recent attack on trading partners.  Business Insider is reporting that Trump told French president Macron in April that he’s going to keep the tariffs on until there are “No more Mercedes models rolling down 5th Avenue.”

What an idiot.

And it wasn’t even that good a back flip.

Thanks to Bryan for the heads up.

One of the reasons Trump is so hated by normal people is his fleeting relationship with truth.  In a town where lying is almost more common than breathing, this guy spews falsehood at an even more breathtaking pace than any politician in history.  This week, the Washington Post updated its lie tracker which now sums to 3,251 lies since taking office.

As one of our patrons pointed out yesterday, Philip Roth’s description of Trump says it best:

“I found much that was alarming about being a citizen during the tenures of Richard Nixon and George W. Bush. But, whatever I may have seen as their limitations of character or intellect, neither was anything like as humanly impoverished as Trump is: ignorant of government, of history, of science, of philosophy, of art, incapable of expressing or recognizing subtlety or nuance, destitute of all decency, and wielding a vocabulary of seventy-seven words that is better called Jerkish than English.”

Amen.  Pass the earplugs.

In a gigantic breach of protocol, Trump stupidly hinted at jobs numbers over an hour before the official release this morning.  Early markets were roiled by the tweet.  Trump violated his primary responsibility to the American people which is to protect them and the economy.  To self aggrandize, he simply couldn’t resist front running a positive jobs report.  Here is a chart of pre-open dollar moves by month.  The one on the right is today’s:

.2% doesn’t sound like much, but it is billions of dollars in value changing hands.  Trump is so narcissistically disabled that he has no understanding of the effect of his words.  Everything is about him, his grievance, his gnawing need to be praised and the victor that he simple blurts out whatever he believes makes him looks good.

The markets listen very closely to every single syllable uttered by the president and his representatives.  His words carry awesome authority.  Our system of government is not only one of laws, but over 230 years of protocol and tradition.  It’s not set up to endure a feckless moron.  His unpredictable behavior is causing enormous damage in 2 ways: he’s normalizing outrageous behavior which desensitizes the market to actual risks, and his erratic tweeting is shifting billions of dollars of actual value within the market that has introduced unsystematic risk.  The markets hate not understanding risks.

This tweet this morning is one of the most outrageous breaches of confidentiality we’ve yet to see.  And that’s saying a a lot.

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