Donald Trump is a bad casino act, yes. He is a classic demagogue with a mean streak. He is also the catalyst of yeoman America’s ongoing political pushback to globalism, diversity, and progressive dogma. How could this happen, the nation’s elites are wondering. They still have no idea how their arrogance spawned Trumpism or why someone with so many defects has kept against all odds trending up.
As Wisconsinites head for the polls, our Beltway elites are almost giddy. For they foresee a Badger State bashing for Donald Trump, breaking his momentum toward the Republican nomination.
Should the Donald fall short of the delegates needed to win on the first ballot, 1,237, there is growing certitude that he will be stopped. First by Ted Cruz; then, perhaps, by someone acceptable to the establishment, which always likes to have two of its own in the race.
Earlier today, CNBC's Steve Liesman made two very important, in fact "critical", if about one year overdue, discoveries.
The first one was that Americans are angry.
According to the CNBC All-America Survey, a majority of Americans are angry about both the political and the economic system.
A Wall Street worker currently on trial on suspicion of spying for Russia says that the CIA and other spy agencies in the U.S. routinely work through Wall Street in order to collect various pieces of economic information against other countries. Eugene Buryakov, a former employee of Vnesheconombank, worked for Russian intelligence undercover at the bank and has not denied his guilt. Fort Russ reports: Usually our spies never admitted guilt, this is something different. As far as I understand our authorities continue to deny as they always do.
Under the auspices of "protecting clients from criminal activity," JPMorgan Chase has decided to impose capital controls on . As WSJ reports, following the bank's ATM modification to enable $100-bills to be dispensed with no limit, some customers started pulling out tens of thousands of dollars at a time. This apparent bank run has prompted Jamie Dimon to cap ATM withdrawals at $1,000 per card daily for non-customers.