Donald Trump's intention to build a wall along the southern border of the United States is well known, and the presumptive Republican presidential nominee has even released his plan on how the US would be able to make Mexico pay for it.
Authored by Ben Tanosborn,
It doesn’t seem so long ago when an ambitious political couple holding preteen Chelsea Clinton by the hand was moving from the governor’s mansion in Little Rock, Arkansas, to the august quarters of the White House in D.C. A young Democratic president had just defeated Ronald Reagan’s heir, Papa Bush, and a prophetic populist with a Texan twang, Ross Perot, in the colorful presidential fray of 1992.
In his latest letter to investors, OakTree Capital's Howard Marks goes political (slamming Trump's tariffs and Bernie's minimum wage machinations), shedding some blinding light on the economic reality of America, the dismal failure (and increasing impotence) of central bankers, and the ongoing "tryanny of the majority" warning that if everyone wants to tax-the-rich, soon there will be no rich to tax.
There was much surprise, as well as accusations of outright voter fraud, when on Monday the Austrian presidential race - which was set to be won by the candidate of the right wing Austria Freedom Party much to the humiliation of Brussels - Norbert Hofer, was handed to his competitor, Green party candidate Alexander Van der Bellen, with postal votes tipping the final result in the favor of the former despite Hofer winning the outright vote by a solid margin. In retrospect, there may have been reason for the skepticism.
Now that Peter Thiel's vendetta against Nick Denton is in the open, and it's safe to say that the tech billionaire will not stop before putting Gawker out of business, Denton is starting to scramble realizing that he has a borderline irrational adversary, one for whom money is no object if it means a tombstone for the gossip tabloid.