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Summer Vacation for Bernie Madoff-Adios Donald Trump

The world is getting crazier every day, and the stuff that I did is pale in comparison to the bizarre way in which the world is turning.

1. Greece. Other than the fact that the people of Greece have morphed into an entitlement society and concurrently, the country has a 25% unemployment rate, Germany's determination to impose aggressive and egregious austerity measures on the Greek people is the wackiest position in the world. Yes, for the time being the can is being kicked down the road. And, Yes..because the Germans murdered tens of millions of people across Europe less than 60 years ago, the current generation is pre-programmed to be imposing shits. Hypocritical and Ungrateful are two phrases that come to mind (aside from Nazi Bastard) when considering that Germany's population benefited from the largesse and fair thinking of the Greeks during critical European government discussions that envisioned imposing strict austerity measures on Germans to cover the costs of post WWII rebuilding. Greeks are Good. They were the first democracy in modern times. They also have great beaches.

2. Donald Trump. The word 'fucking lunatic' doesn't cover it. The fact that media is playing exactly into his hands and has driven him to a vaulted position in the early 2016 Presidential election polls proves only two things: (i) Trump should have had the same luck when operating casinos in NJ--how many times did he bankrupt those properties?? (ii)-the people of this country are predominantly stupid, best illustrated by how easily-manipulated we are by the media.

I believe in the 1st Amendment. For you morons who don't know what that is (including the tens of dozens of knuckle head federal govt employees who I know are reading this), its the one that provides for Freedom of Speech. That said, Trump is entitled to say whatever he wants, as long he doesn't scream "Fire!" in a movie theater occupied by other people. Well actually, there are a bunch of things one can't say without breaking the law, and one would think Trump's comments with regard to Mexico and China might be included, but for the time being, they're just stupid and repulsive. The point is we can't blame Trump, we should blame the media outlets only make money if they make big ratings, and they only know how to make ratings by profiling train wrecks, natural disasters, terrorist attacks, crime, liars, cheaters and of course, sex. Trump probably earns a check mark for at least four of the above. But we really should be blaming ourselves. If we don't the turn the channel and go to something more intellectual like the Cartoon Channel, the media outlets will earn the viewer ratings and keep shoving shit through your TV screen.

Here's an idea: Donald Trump and Alec Baldwin run together on the same ticket. We can call it the Bloviator Party. If they don't get on any ballots, they should be forced to do what Baldwin promised to do if George Bush were elected president-give up his US passport and leave the country. And even though they are 180 degree opposites in terms of political beliefs, they've both been fired by NBC, and if you can't keep a job there for being a lunatic, where can you??

3. ISIS. What a cluster-fu*k. When you're in a fight with someone who is using a lethal weapon that aims to destroy society and human norms as we know it, you need to be (i) better at using that weapon, or (ii) you need to find a surprise weapon that cuts the heart out of your enemy. Their message is being delivered by and their combatants are being recruited by social media and the internet. To you fartbrains that believe "privacy policy" supercedes the need to use every tool available to prevent the metastasizing of the ISIS virus, you should take 2 minutes to contemplate what is more important: preventing your daughter from being recruited and blowing up an elementary school down the street from your house, or whether you give a shit as to who is reading your emails and knows who you called lately.

4. Iran. At risk of using a phrase that Donald Trump would use, trust me when I tell you that their government is not our friend. They are really not anyone else's friend other than those who want to (i) blow us back into mid-evil times with a nuclear bomb. The people of Iran are a different story. Their legacy of great thought-leadership extends back hundreds of years. OK, a bunch of which has always been dedicated to enslaving or wiping out Jews. Aside from that point, one could argue that generally speaking, humans are pre-programmed to procreate and evolve and continually advance. If not, what the f#ck is the purpose of being here? The point is that making any "deal" with the current regime in Iran is like a scene out of Laurel and Hardy. It's a big joke that will lead to a balloon blowing up in your face.  Let's break into their internet connections and the next 10 times anyone in Iran logs into the Internet, they get pushed a video of Bruce Jenner explaining why he is a transgender. And then have a clip of thousands of Iranians cheering in the streets. Social Media Propaganda 101. This shit works, trust me.

5. The markets. Pretty simple-short gold and try to get yourself private market shares of Palantir Technologies . If they're smart they'll never go public. The company should be valued at $1tril if Uber is worth $50bil. Think the personal-data-capture-power of Facebook, Google, Twitter, Instagram and ten other platforms combined, add in the computing powers of Point72, Renaissance Technologies, Hudson Trading, Goldman, DE Shaw, Tinber Hill, then multiply by 5 and blend into a mega meta data machine on steroids. That's the power of Palantir.

Beyond that, the price of oil is probably going to go up more than it will go down in the next 12 months. The Fed won't likely raise interest rates before the end of the year. Corporate debt issuance will remain robust for the foreseeable future and equity market prices will gyrate not much more than 10%-15% on the down side and probably no more than 5% on the upside for the balance of the year. Go the Hamptons or Nantucket and relax. The rest of the summer is going to be hot, thanks to global warming.

I could go on and on, but I've decided to take a break from long form writing and instead, for the rest of the summer I'll just tweet stories that make me smirk.
BLM

Full post as published by Bernard Madoff on July 13, 2015 (boomark / email).