Nick’s Note: Longtime PBRG friend Bill Bonner is one of the best big-picture economic analysts we know. He’s also our favorite political satirist. This recent essay caught our attention. That’s why we’re passing it along to you…
By Bill Bonner, chairman, Bonner & Partners
Two big surprises recently, both concerning the White House.
First, President Trump announced his long-awaited shake-up of his staff.
In a 7 a.m. tweet, the president said:
Time for Big staff changes. I need complete LOYALTY AND COMPETENCE to Make America Great Again!! This morning I gave out 3 major “You’re Fired” notices.
No details were provided as to who was let go. Reporters said they saw the Gray Nonentity, Mike Pence, packing up over at the vice presidential mansion. But it could not be confirmed that Mr. Pence had been removed from the team.
Brilliant Tactical Move
Further speculation has Mr. Trump tapping Oprah for his VP in a move that political experts have already hailed as a “brilliant tactical move” by the president.
Oprah as vice president would effectively eliminate the popular entertainer as a challenger in the 2020 race and help shore up the president’s support among blacks, women with a weight problem, and TV watchers in general.
It seems that it would be a great move for Oprah, too, since she would be a shoo-in for the top job after Mr. Trump’s two terms are up.
White House observers also speculated that Wilbur Ross’ head would be on the chopping block, too, as punishment for his role in the administration’s tariff program.
Tariffs on steel, aluminum, and Chinese imports were responsible, they say, for a 2,000-point drop in the Dow since mid-February. Mr. Trump was overheard telling his staff, “It can’t be my fault, so it must be someone else’s fault.”
Speculation also centered on White House Press Secretary, Sarah Huckabee Sanders.
It is believed that she will be replaced by Trump’s media pal David Pecker, owner of the National Enquirer.
Whether this is a payoff for his burying stories unfavorable to Mr. Trump or simply a way of getting someone on the job who is more skilled at manipulating fake news, we don’t know.
The Real Bombshell
But the real bombshell announcement came late in the day on Easter Sunday from a completely unexpected direction.
Stephanie Clifford, otherwise known as Stormy Daniels, announced that she would seek the U.S. presidential nomination running as an independent.
“Everyone is talking about it in Washington,” said political analyst Karl Rove. “My phone has been ringing nonstop. Everybody wants to know if it’s a joke… or what? But it’s no joke.”
It’s no joke because Ms. Daniels has a surprisingly good chance of unseating Trump in the next election.
Ms. Daniels has better name recognition than almost any other candidate. Having starred in some 270 movies, she’s very well-known to a mostly male audience, with a reputation for transparency that no other presidential candidate can claim.
She also seems likely to gain favor with large segments of the female population for having created her own successful business and having had the gumption to stand up to Mr. Trump.
Her fame—or notoriety—began with her claim that she had an affair with the then-reality TV star, Trump. But it escalated as Mr. Trump denied the allegation and news surfaced of a clandestine payment intended to gag Ms. Daniels.
“Gag me? Trump? Haha…” responded the porn star.
Screwing People Honestly
Ms. Daniels is not a complete neophyte to politics, either. She ran for the Senate from her native state of Louisiana. Her campaign slogan:
“Screwing People Honestly.”
Whether the Stormy versus Trump campaign now teased by the media is just idle foreplay… or the run-up to the real presidential campaign of 2020… is still to be seen.
Here at the Diary, we don’t know what to think. We’ve accused Republicans and Democrats of colluding to abuse the American people.
But as far as we know, it will be the first time the opposing candidates really have “gotten in bed” with each other. That alone is a milestone of sorts.
The Donald was a new thing in politics—a performance artist with no real convictions, but a gift for down-market media.
Stormy will be a new thing, too. As she says, she screws people honestly.
That will be a first.
We can’t wait to get a bumper sticker.
Chairman, Bonner & Partners
Nick’s Note: When this essay was published, Bill wished all his readers a happy belated April Fools’ Day at the end. (Let us know if you were “fooled” right here…)
According to a shocking new book by Dan Denning, Bill’s coauthor on The Bill Bonner Letter, 28 members of the U.S. government have sworn an oath to a private group headquartered outside of Washington, D.C.
Their objective: A controversial policy that will siphon away the $94.8 trillion dollars of private American wealth sitting in America’s 4,938 banks.