All tagged Trump

America's Fantasy

Kurt Andersen writes in his book “Fantasyland How America went haywire: A 500-year history,” the current president is “stupendous Exhibit A” in the landscape of “Fantasyland,” a fitting leader for a nation that has, over the centuries, nurtured a “promiscuous devotion to the untrue.” 

Searching For Trump's Genius

“Trump had a Clintonesque aura around him,” Smith wrote, “the effervescent divinity of a studied deal-maker, and a categorical ability to communicate and inspire the belief of others in his personal vision. He could no doubt have been an evangelist.”  

Trump Embraces the Bubble

Today was a dramatic day in some parts of Trump’s bubbleland, with Bitcoin closing at $10,124, down 25% for the day and a steep fall from $19,343 on December 19th. The DJIA broke 26,000 for the first time but closed lower, and the 2-year treasury note yield burst through 2 percent for the first time since the dark days of late 2007.  


So we have bitcoin, something everyone is talking about, but no one can see or understand, trading near $15,000 apiece. At the same time the President is like the simple-minded Chance in the movie “Being There” who has been educated only by television, has childlike naïveté, but rises, by accident, into the game of politics and the talk of the town.