By Bill Bonner – Bill Bonner’s Diary (USA) –
Walking home last night, we got caught in a mob (as you can see in this video).
“Not my president,” said the signs, along with more lurid and confrontational messages. There were thousands of demonstrators marching from Pennsylvania station to Baltimore’s Inner Harbor.
“They’re a little late,” said a voice next to us. “It’s a good thing you’re not wearing your ‘Make America Great Again’ hat.”
A New Political Order
Meanwhile, the newspapers, commentators, and analysts have spent the last three days scrambling to explain something that never happened.
The “Trump Revolution” now has the Establishment “shaking with fear and dread,” they say.
But there was no revolution. And there is no “fear and dread.” Instead, Trump’s transition team is filling up with the usual suspects – hacks, has-beens, and Beltway insiders.
Bloomberg, too, tells us that the Ancient Regime is lining up behind Trump… and looking forward to trillions of dollars worth of new spending:
Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein said President-elect Donald Trump’s commitment to infrastructure and reforming government and taxes will be good for economic growth.
“The election results in the U.S. show democracy at work,” Blankfein told employees in a voicemail message, according to a transcript obtained Thursday by Bloomberg. “It also means change, which isn’t necessarily a bad thing.”
Yesterday’s Wall Street Journal proclaimed a new political order. Is it so? Or is there just a new group of foxes in the henhouse?
You’ll recall that Italian economist Vilfredo Pareto described how a “Deep State” develops. There are always some wily “political” people in a society. Over time, these “foxes” figure out how to take control of the government and use it for their own purposes.
Sometimes they have social or cultural agendas, forcing people to worship their gods or fly their colors.
But usually, they don’t care about transgender bathrooms… or walls along the Rio Grande… or even about abortion rights.