A concentration of billionaires who descended this week on Davos, Switzerland for The World Economic Forum’s 50th annual meeting are harboring a “dirty little secret” about the U.S. presidential election in November, says the Hoover Institution’s Niall Ferguson.
“The dirty little secret of Davos 2020 is they all need him to get re-elected,” Ferguson, Senior Fellow at Stanford University’s Hoover Institution, told Yahoo Finance’s Alexis Christophorus, when asked if wealthy attendees are begrudgingly rooting for President Donald Trump. “Nobody wants to say that out loud.”
On Tuesday, Trump addressed the forum in a speech that was criticized for a lackluster delivery during which he took credit for the U.S. economy and launching what he characterized as a “great American comeback.” Meanwhile, lawmakers in Washington negotiated over final rules that will govern the president’s impending impeachment trial.
“I rather relish the deadpan delivery. This was well-behaved Trump,” Ferguson said of the address. “I also thought it was right that he emphasized the economic successes of his administration, which I think significant even if he was guilty of a little hyperbole.”
Ferguson said the attitude marks an about-face since the last time he attended Davos in 2016.
“Almost nobody gave him a chance of winning the nomination, much less the presidency. And then the following year, they were all in a state of trauma because he won against their expectations, and they thought that was going to be a great disaster as a result, and they’re all a great deal richer than they were back then.”
For the ultra wealthy, Ferguson said Trump remains the obvious favorite if faced with a choice between Trump and Democratic front-runners Bernie Sanders and Elizabeth Warren.
The markets might be underestimating Sanders
If the markets begin to suspect that Sanders has a shot, he predicts significant volatility this spring. Ferguson added that investors are seeking four more years of “easy money” by way of low interest rates.
“I think if Mike Bloomberg were listening in he’d say, ‘What about me?’ But it’s still not clear that he really has a strong chance of getting the Democratic nomination, and if you take him out of contention, then what are you left with? Joe Biden, who is not exactly been impressive on the campaign trail,” he said.
Asked about his belief that Bernie Sanders has a shot at winning November’s election, Ferguson said markets are underestimating Sanders given that polling, fundraising, and the strength of his campaign’s ground game show he’s a formidable contender.
“And remember, there’s a substantial proportion of Democratic activists, especially young ones, who feel that he was robbed of the nomination for years back, and that was a calamitous mistake,” he said. “I think it’s conceivable that if things play out in his favor in the early primaries, we’ll get a sudden sort of shock awakening.”
“It is as unlikely-seeming now in January 2020 that Bernie Sanders becomes president of the United States, as it was unlikely in January 2016 that Donald Trump would be president of the United States.”
Trump changed his speech time from 3:30 to 4:05pm.
He knew pelosi would release her statement at 4.
He got her to release it before he spoke.
She had the tweet on Auto release.
Trump is a time traveler
- INFO: u.S. House Speaker rejected President Trump’s proposal on Twitter at 4 P.M. ET, President Trump announced the proposal at 4:05 P.M. ET.
- Pelosi rejected a proposal which was not proposed yet.
The House of Saud crown prince was implicated in the hacking of Washington Post owner and Amazon founder Jeff Bezos’s cell phone in a bombshell new report in The Guardian.
“The Amazon billionaire Jeff Bezos had his mobile phone “hacked” in 2018 after receiving a WhatsApp message that had apparently been sent from the personal account of the crown prince of Saudi Arabia, sources have told the Guardian. The encrypted message from the number used by Mohammed bin Salman is believed to have included a malicious file that infiltrated the phone of the world’s richest man, according to the results of a digital forensic analysis,” The Guardian reported.
Justin Sink, a White House correspondent for Bloomberg News, noted the implications of the report.
“This invites the obvious question of if MBS has ever sent certain senior members of the White House video messages via WhatsApp,” Sink noted.
Ryan Grim, the DC bureau chief for The Intercept, took the reasoning a step further.
“As we previously reported, Kushner chatted regularly with MBS on WhatsApp. It is near-certain that MBS pulled this same hack on Kushner and Saudi [Arabia] has therefore had secret access to his phone for years,” Grim noted.
“Trump forced his security clearance through,” Grim added.
Grim linked to a 2018 story headlined, “Saudi Crown Prince boasted that Jared Kushner was ‘in his pocket.’”
NBC NEWS — 2-14-2014 – brother has responded to charges of anti Semitism against the U.S. Secretary of State by some conservative Israeli — including a prominent minister — by writing publicly about the family’s Jewish roots…his grandfather changed his family name from Kohn and Cunyecled to CalbQlicÄbefore coming to the U.S. in 1905
A Catholic Crypto Jews
One World Religion
Hunter had a child with 28-year-old Lunden Roberts after meeting her at a DC strip joint where she worked as a stripper and she is in court demanding Hunter pay child support.
Ms. Roberts dragged Hunter Biden into a nasty court battle after he has ‘refused to pay child support for over a year’ and refused to pay her $11,000 legal bill.
Lunden Roberts told the court that Hunter Biden “had no involvement in the child’s life since the child’s birth, never interacted with the child, never parented the child,” and “could not identify the child out of a photo lineup.”
Hunter and his baby mama Lunden Roberts are due back in court on January 29 for a pre-trial hearing.
Hunter Biden must appear Jan. 29 in a Batesville courtroom and explain why he shouldn’t be held in contempt for violating court orders to provide financial information in his Arkansas paternity case.
Independence County Circuit Judge Holly Meyer signed an “Order to Appear and Show Cause” on Monday, a day when Arkansas courts were closed to honor the birthday of Dr. Martin Luther King Jr. The judge’s order was filed into the court record Tuesday.
The one-sentence order was prepared by Clinton and Jennifer Lancaster, attorneys for Lunden Alexis Roberts, the mother of Biden’s 16-month-old child.
Biden, son of former Vice President Joe Biden, is being ordered to appear in the Arkansas courtroom days after President Donald Trump’s impeachment trial began in the Senate. Hunter Biden has been mentioned as a possible witness in the impeachment proceedings.