You read that correctly.
The horses are lining up in the gates. Rand Paul, Chris Christie, Mike Huckabee (seriously he’s going to run again I think) Rick Santorum (this guy has nothing else to do), Jeb Bush, Rick Perry may make another run, and who knows who else, are all chomping at the bit. The 2016 nomination isn’t that far away. They can all taste it.
It won’t happen tomorrow but slowly but surely the world is moving from dollars. The petrodollar system which has been key to the world economy over the last 40 years is eroding. More and more country to country deals are being done in currencies other than the dollar. The economic world as we have known it, after Bretton Woods in the Cold War Era, the post Cold War era, and the post 9-11 era is fundamentally shifting. The dollar is not what it once was. It is no longer “almighty” and one should be prepared.
We’ve written about this before. Government data, especially around inflation and employment is a joke, to be kind.
Let me say that I am a friend of Israel. I grew up with the children of Israeli air force pilots. In my home my father had a picture hanging in his office signed by some of his Israeli friends flying over a bombed out Iraqi nuclear facility. I grew up with the knowledge that the only place in the Middle East where the average Arab had any voice in government at all was in Israel.
But the Israeli lobby (and let’s be very clear about this, Israeli does NOT mean “Jewish” lobby) is too powerful in this country. Far too much of our foreign policy is dictated by a small group of very powerful people who believe that the USA must continue to funnel money to Israel no matter the cost. We wage wars to provide cover for Israel. Much of the Iraq war was about providing a buffer for Tel Aviv. Likewise the war we almost got involved in in Syria was also driven by Israeli interests. (Thankfully the American and British people rose up and made sure we stayed out of there.)
As Part One of this article revealed, some of the games being played behind closed doors by the Fed are legal and some illegal, but all of them are troubling.
Sheldon Adelson kept Newt Gingrich alive during the the 2012 race for president. Now Jeb Bush wants some of that sweet sweet casino money. Bush is joining Chris Christie (shock), Scott Walker, and John Kasich at an event in the City of Slots. Each potential candidate is looking for a payday.
You know, that is a really good question.
In my very brief time on Capitol Hill after college I remember that raising money as soon as a Congressperson was elected was of the absolute highest priority. If one didn’t raise a pile of money early the other party might perceive you as weak and would then dump cash into your next opponent’s campaign.