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Former Texas Representative and three-time presidential candidate Ron Paul
is not hopeful about the competition between Hillary Clinton and Donald Trump
for the White House.
And some deep
thoughts from The Economist:
It is far from clear what Mr Trump believes in; where he has concrete
policies, such as on the economy, they are completely implausible. His
supporters aren’t interested in the details; it is the broad sweep
(anti-immigration, isolationist) that they like along with the impression of
decisiveness that he creates. In that sense, his appeal resembles that of a
Latin American caudillo, or strongman.
When the ancient Greeks contemplated the idea of full democracy, they
worried that emotional appeal, rather than reason, would sway the crowd.
Plato wrote that
Popular acclaim will attend on the man who tells the people what they
truly want to hear rather than what truly benefits them
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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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