Sunday , May 5 2024
Home / Mike Norman Economics / Tom Luongo — Neocons Are About to Run Amok

Tom Luongo — Neocons Are About to Run Amok

Summary:
In the past few days it became quite clear to me that Donald Trump made a deal with the Neocons in Washington. He traded part of his domestic agenda for ceding control of foreign policy to the D.C. establishment. It’s obvious when you connect the dots. Signing the sanctions bill, the non-shift in Afghanistan policy, the tit-for-tat diplomatic aggression with Russia, weapons to Ukraine, etc. I’ve written extensively about this. Graham is suddenly touting his Obamacare replacement bill.But, taking Graham at his word what this means is that the whole repeal vote was nothing more than a set up, because in no way could they have put this together in the last few weeks. Therefore, this was held back from Trump and the rest of Congress for the purpose of finalizing a number of foreign policy

Topics:
Mike Norman considers the following as important: , ,

This could be interesting, too:

Joel Eissenberg writes “On-the-fence voters” are OK with Trump’s contempt

Joel Eissenberg writes The medium is the message

Joel Eissenberg writes It ain’t over, folks

Daniel Becker writes Does the pendulum swing back? Can it? Will it?

In the past few days it became quite clear to me that Donald Trump made a deal with the Neocons in Washington. He traded part of his domestic agenda for ceding control of foreign policy to the D.C. establishment.
It’s obvious when you connect the dots. Signing the sanctions bill, the non-shift in Afghanistan policy, the tit-for-tat diplomatic aggression with Russia, weapons to Ukraine, etc. I’ve written extensively about this. Graham is suddenly touting his Obamacare replacement bill.

But, taking Graham at his word what this means is that the whole repeal vote was nothing more than a set up, because in no way could they have put this together in the last few weeks.
Therefore, this was held back from Trump and the rest of Congress for the purpose of finalizing a number of foreign policy initiatives that Trump was hostile to, namely expanded sanctions on Russia and Iran and a troop surge in Afghanistan...
The art of the deal? I don't usually agree with Tom Luongo on much, but this seems quite plausible to me. Trump does have to sign off on foreign and military policy and that gives him considerable leverage over the establishment to work deals like this. On the other hand, it's very difficult to tell what is happening in Trump's brain.
Tom Luongo
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *