Tornado Alley (PROG)

[fuagf]

OMOLIVES, Trump is ‘remarkably like’ 1930s far-right regimes, billionaire investor warns

"Where have you been? Trump is not even close to being far right. I don't consider him politically leaning right at all either."

I am still puzzled about what possibly could have been in your head when you wrote that nonsense.

[...]
[...] Yarvin: “Until this “unitary executive” is so much “more powerful” than the present office that the President considers both the judicial and legislative branches purely ceremonial and advisory — with the same level of actual sovereignty as Charles III today — the “unitary executive” will not work.” “A Conversation About Monarchy”, Gray Mirror, March 12, 2024.
[...]
Donald Trump wants to “dictate” policies like those of far-right regimes in the 1930s, a leading billionaire investor has warned.

Ray Dalio writes in a new book that the US president is acting like a chief executive without a board as he seeks to expand executive power even more aggressively than predecessors Andrew Jackson and Franklin D Roosevelt.

Dalio, 75, is the founder of investment firm Bridgewater Associates, one of the world’s biggest hedge funds, and a rare critic of the system that generated his wealth. His book How Countries Go Broke: The Big Cycle addresses the national debt and Trump’s attacks on democratic norms. The Guardian obtained a copy.

Hedge fund billionaire says US may face ‘worse than a recession’ from Trump tariffs
Read more > https://www.theguardian.com/business/2025/apr/13/ray-dalio-trump-tariffs-recession

Invoking a decade when fascists such as Adolf Hitler of Germany and Benito Mussolini of Italy were in power, Dalio writes: “When I say that the policies President Trump is using to ‘make America great again’ are remarkably like the policies that those of the hard-right countries in the 1930s used, that should not be controversial.”

He continues: “It would be fair to argue that his attempts to maximise the power of the presidency by bypassing the other branches of government are analogous to the ways that Andrew Jackson (of the right) and Franklin D Roosevelt (of the left) did, though he is even more aggressive than they were. We will see how far he will take it.”

In times of conflict, Dalio notes, aggressive leaders work to eliminate the opposition, make changes to the law to assume special powers and seize control of the media to produce pro-government propaganda. If conflicts become severe, new laws and punishments target the opposition.

Since returning to office in January, Trump has signed a record 152 executive orders, concentrating power and sidelining Congress. He has defied court orders and detained or deported immigrants without due process. He has sought to reward law firms, media companies and universities that bend to his will and punish those that defy him.
[...]
The businessman, who correctly predicted the 2008 financial crisis, condemns the Trump administration’s cost-cutting measures as likely to have negative consequences because “many people who will be hurt by them will fight back and valuable support systems will be weakened or eliminated”.

He adds that his own wife works to help low-income students in deprived neighbourhoods who suffer from inadequate nutrition. The cancellation of school lunch programmes on which they depend “will have terrible second-order consequences”.

Trump’s policies are aimed at moving more money, power and freedom into the hands of the most productive people, Dalio adds. “It’s not easy to manage and improve a country that has been mismanaged and in such a mess while also keeping people happy at a time when democracy is fracturing. I recommend regularly checking on how those in the bottom 60% are doing and feeling.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176243043

? "Trump’s policies are aimed at moving more money, power and freedom into the hands of the most productive people, Dalio adds."

Who are the most productive people? Noted, a fellow billionaire Nick Hanauer says consumers are the ones who create jobs. See again:

OMOLIVES, Though i do have some agreement with your lag point, and also have posted articles saying president have less influence on the economy than most think, still there is too much evidence over too many decades for you not to accept, the economy does better under Democrats.
[...]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175565940

Though you are obviously relatively well-informed, it's the arrogance reflected in your "Where have you been?" and in your
"Wake the f' up" .. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175565964 .. that adds your undoing.