Deep State

15th November 2017 Bill Bonner

One of the Funniest Shows in Modern Capitalism

BALTIMORE – On Monday, Caracas rolled out the red carpet – literally. In one of the funniest shows in modern capitalism, bondholders were invited to a special meeting in the Venezuelan capital. A few turned up. They wanted to know…

13th November 2017 Bill Bonner

How the GOP Tax Plan Rips Off the Middle Class

RANCHO SANTANA, NICARAGUA – Last Thursday, Senate Republicans announced their proposed tax reform measures. Instead of eliminating the inheritance tax – like the House version does – the Senate proposal would increase the exemption by $5 million per person. And…

8th November 2017 Bill Bonner

Trump Makes Swamp Critter New Fed Chief

RANCHO SANTANA, NICARAGUA – If you run over a pedestrian in Washington, D.C., it might be wise to keep going. Because the person under your bumper could be a swamp rat. In fact, it could be Jerome Powell, whom President…

20th September 2017 Bill Bonner

The US economy is dead in the water

ÎLE D’YEU, FRANCE – We are spending a couple of days with friends out on a tiny and charming island in the Atlantic, Île d’Yeu. We took the ferry from the Fromentine harbor, near the city of Nantes, on Sunday….

15th September 2017 Bill Bonner

No Stopping Washington’s Debt Bomb Express

Illustration of poker coins and cards and the word debt written

Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me. – Psalm 23:4 NORMANDY, FRANCE – Others are beginning to…

12th September 2017 Bill Bonner

Conservatives’ Last Bullet

Illustration of an individual flying with a balloon while being anchored by debt

NORMANDY, FRANCE – We had gotten a bid of $4,000 to redo the old fireplace. The carved stones that held the wooden mantel beam had cracked and fallen down. Other stones along the side had broken off or worn down….

11th September 2017 Bill Bonner

Trump Has Gone “Full Deep State”

Picture of the Trump Tower entrance in New York

POITOU, FRANCE – Senator John McCain spoke for millions on Thursday. “I’m a pretty intelligent guy,” he said, speaking of President Trump’s sudden lurch to the left side of the aisle, “but I don’t understand this.” On the surface, the…

8th September 2017 Bill Bonner

Congress Is a Carnival of Claptrap

Portraits of U.S. presidents on dollar bills.

BILL BONNER, CHAIRMAN, BONNER & PARTNERS POITOU, FRANCE – While Hurricane Irma whips up some of the strongest winds ever recorded, the fury of the storm breaking over Washington is intensifying, too. “For Conservatives, Trump’s Deal With Democrats Is Nightmare…

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