The Honeymoon Is Over
Trump-Musk Tensions Hi Reader, Here’s what our editors are looking at today… | | | Politics: Matt Insley – Trump and Musk: Better Together The dynamic duo of Donald Trump and Elon Musk has captivated the nation since the 2024 election. Seen as a powerhouse alliance combining political savvy and tech innovation, recent reports suggest this high-profile partnership may be experiencing some growing pains. According to journalist Maggie Haberman, Trump has expressed private concerns about Musk’s constant presence at Mar-a-Lago where Musk has participated in meetings with foreign leaders and incoming White House officials. While Trump values Musk’s support – including over $250 million in campaign contributions – the president-elect arguably values loyalty more. Plus, not one to be overshadowed, Trump bristled last month when critics called Elon “President Musk.” Meanwhile, both men are accustomed to being the center of attention and calling the shots. Adding to the potential for conflict? Differing policy priorities… potentially. ⇒ Read More Here | |
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Politics: Byron King – The Once and Future Carter Era Tomorrow, Thursday, Jan. 9th, the country will observe a “National Day of Mourning” for James Earl (Jimmy) Carter, the 39th U.S. President, who passed away on Dec. 29 at 100. Most federal offices, including federal courts, will be closed. Regular mail service will not be available. Stock markets will also take a day off, so get your trades in. Carter or not, most banks and businesses will remain open, including our offices at Paradigm Press. Based on your subscriptions, you should receive the usual array of emails. With this in mind, let’s discuss those long-ago Carter days, 1977-81, because many events and issues of his era still echo. In fact, as we’ll discuss, many problems of the 1970s remain squarely on today’s table. ⇒ Read More Here | |
Politics: Dave Gonigam – Will the Big Banks Sabotage Trump’s Legacy? Because the corporate media won’t tell you, it falls to us: Whether he realizes it or not, Donald Trump is sowing the seeds for a catastrophic bank failure during his second term. And just like in 2008 and 2023… you’ll be left holding the bag. See, Michael Barr, the Fed's top banking regulator, is stepping down to avoid a confrontation with Trump. CNBC points to “speculation that the new president wants someone who is more bank-friendly [than Barr] to take the role.” Missing from the mainstream coverage is this essential context: Barr was already very “bank-friendly” — so much so that his lack of oversight led to the second-, third- and fourth-largest bank failures in U.S. history. If the rumors are true that Trump wants somebody even more hands off then Barr, then Trump runs the risk of being "too bank-friendly" to the point of financial calamity. ⇒ Read More Here That’s all for today, we’ll be back tomorrow with more topics and articles from our editors. Email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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