Chaos in Politics
It’s 2020, four years from now. The campaign is under way to succeed the president, who is retiring after a single wretched term. Voters are angrier than ever—at politicians, at compromisers, at the establishment. Congress and the White House seem incapable of working together on anything, even when their interests align. With lawmaking at a standstill, the president’s use of executive orders and regulatory discretion has reached a level that Congress views as dictatorial—not that Congress can do anything about it, except file lawsuits that the divided Supreme Court, its three vacancies unfilled, has been unable to resolve
On Capitol Hill, Speaker Paul Ryan resigned after proving unable to pass a budget, or much else. The House burned through two more speakers and one “acting” speaker, a job invented following four speakerless months. The Senate, meanwhile, is tied in knots by wannabe presidents and aspiring talk-show hosts, who use the chamber as a social-media platform to build their brands by obstructing—well, everything. The Defense Department is among hundreds of agencies that have not been reauthorized, the government has shut down three times, and, yes, it finally happened: Full Text
Other stories of Interest:
Stock Market Bull not ready to buckle (4 May)
Fear mongers are parasites that profit from your fear (2 May)
Gold Bugs think & stop listening to Fear mongers (1 May)
College Graduates drowning in debt refuse to give up luxuries (May 1)
China launches civilized tourist program (April 29)
Fear mongers are parasites that profit from your fear (27 April)
Plain evidence that financial experts know even less than Jackasses (26 April)
Negative rates fantastic for speculators but terrible for global economy (16 April)
How will Gold fare in a negative interest environment (14 April)
