We start tonight with a great quote from my hero Elon Musk: “In the past I voted Democrats, because they (mostly) were the party of kindness, but they became the party of division and hate, so I can no longer support them and they’ll vote Republican. Now, watch the dirty tricks campaign against me unfold.”
It’s worth thinking about Elon Musk’s movement from center left, to center, to center right and now he looks like a full-blown Republican. This is part of the rebellion against Joe Biden’s radical, progressive agenda and big government socialism, but as Elon has previously said, the large-scale rebellion is “enough is enough” in Biden’s attempt to destroy the crew to change America.
In Elon’s case, he goes straight to his Twitter campaign to restore freedom of expression on social media. hallmark Biden The world is state control – not just the economy, but state control of information. There is no such thing as discord anymore. The dispute has turned into disinformation in Biden’s awakened world. This is very offensive to everyone.
The Biden family even had to fire this crazy lady, Nina Jankovic, and put up a crazy misleading information board.
As we wrote last night, Amazon CEO Jeff Bezos has now taken an attack on Biden’s progressive socialist economic policies, which make absolutely no sense.
Even Bezos’s Washington Post is critical of Biden’s ideas. I think the waking CEOs and their fellow conference room travelers are in complete decline. It is more than just “enough”. It is a complete haven.
The cavalry is coming and they know it and today another whip hand has appeared leading the cavalry – it’s a crushing 1,200 point drop in the DOW stock market index. Stock markets often contain a message: things are going well or in this case, things are going…not so well.
The market has come under fire this year, for inflation, the slam is much worse, and it’s signaling extreme dissatisfaction with our presidential leadership or lack thereof.
Stocks don’t think successful wealthy people are bad companies. Stocks don’t think tax increases are good. Stocks may love a whiff of inflation, but it’s not a triple whiff, like we’re getting now. Stocks don’t like high interest rates.
That’s right, retail traders reported poor profits today. The retail sector has been on the decline all year – down more than 30%. Make that of 40% after inflation. This is what happens when price hikes affect household income, and yesterday Fed Chairman Jay Powell worked hard to defend his anti-inflationary manhood.
He said it several times during a conference, as he tried so hard to get his chest hair back, that I think investors actually believed him – at least for a moment – and started running for the hills starting this morning.
Finally, lower than New York Times columnist Paul Krugman. Krugman has never met an idea that interferes with his writing style on the far left and proclaiming human. I mean, it’s just utter nonsense.
I normally don’t give him any attention and I don’t know why anyone with any common sense would, but Monday’s attack on the show’s staff is so thoroughly present that it really belongs in yesterday’s congressional hearings on UFOs. I’ll simply quote the last sentence: “There is a direct line from the Laver curve, to January 6th, to Buffalo.”
These are fruits and nuts type things. He is also from a very sick mind. You have to have a sick mind to conjure up that kind of rubbish and I’ll finish with this, as I began — with my hero Elon Musk, who said he votes Republican because the Democrats have become the party of division and hate — describing Krugman to a “T.”
But do you people know? The cavalry is coming.
This article is excerpted from Larry Kudlow’s opening comment on the May 18, 2022 edition of “Kudlow”.