How Donald Trump Answers A Question

 

SOURCES:

Barton Swaim, “How Donald Trump’s language works for him” (via The Washington Post) September 15,  2015
https://www.washingtonpost.com/news/t…

Emily Atkin, “What Language Experts Find So Strange About Donald Trump” (via ThinkProgress) 2015
http://thinkprogress.org/politics/201…

Matt Viser, “For presidential hopefuls, simpler language resonates” (via The Boston Globe) October 20, 2015
https://www.bostonglobe.com/news/poli…

Jack Shafer, “Donald Trump Talks Like a Third-Grader” (via Politico) 2015
http://www.politico.com/magazine/stor…

Peter Schiff Has a Terrible Track Record But Gets Daily Air Time from the Media

The main stars of America’s financial trash TV are broken clocks and contrarian indicators who deliver the same sales pitch day after day, week after week, year after year. That is what salesmen do after all.

Once they have been finally called out for being completely wrong for years, they fight back by changing their talking points to focus on trivial rants, such as when the Fed is going to taper or raise interest rates.

Keep in mind that these talking heads focus on this type of nonsense as a way to distract from their investment failures and lousy predictions.

 

Schiff couldn’t even get this right. The guy is a complete failure, so why does the media promote him constantly?

 

Peter Schiff has become a very frequent participant in this media dog-and-pony show. Schiff receives interviews every day, and many times multiple times per day from every segment of the Jewish media, from CNBC and FBN, to Bloomberg.

He also gets quoted or discussed in in the Wall Street Journal, MarketWatch, Forbes, Fortune, The Financial Times, you name it.

Accordingly, Peter Schiff could be considered the male version of a “financial Kim Kardashian.”

For anyone out there who isn’t too bright, let me make sure you get the point. That was by no means a compliment. 

Think about it. Schiff runs a brokerage firm, Euro Pacific Capital.

So naturally one would expect him to discuss topics like compelling investment sectors and stocks, valuations, earnings, asset allocation strategies and so forth; you know, things competent financial professionals talk about. The same kinds of things an audience wants to hear about.

Even though he is really only a stock broker and not an analyst, he calls himself Euro Pacific Capital’s chief global strategist. But this too is only a superficial designation.

In my professional view, Schiff is really a marketing strategist because that is how he spends the majority of his time. I state this with complete confidence because I have been noting Schiff’s schedule for several years.

Regardless, surely Schiff has people to do “research” for him, letting him know what is going on, right?

Yet, he is constantly talking about trivial topics, like whether the Fed will raise rates over and over instead of talking about relevant issues.

Why might that be?

Maybe, his research results are complete dog shit.

Once you carefully examine Schiff’s track record as well as his record of investment performance and you will see why he has been focusing on trivial events instead of discussing investment and economic forecasts.

The 9 Political Leadership Tactics Donald Trump Excels At

Many political pundits underestimated Donald Trump, mistaking Trump’s lack of political experience for a lack of talent and skills. Even today, many critics fail to understand how 9 political leadership tactics have powered Trump‘s business and political career.

  1. Self-Promotion and Media Management: dominating the news cycle through “engagement”.  Trump’s self-promotion skills were a key differentiator when the Republican Primary had 17 candidates.  Had there only been 3 candidates in the primary it would have allowed other candidates to compete more on substance, drawing attention to his empty healthcare policy.  With 17 candidates, the contest worked against those who were weaker at self-promotion.
  2. Salesmanship/Marketing of a certain type: Trump appears to become what you want him to be.  Once he identifies his “mark’s” most core desires– what they are willing to sell their soul for– he could “shoot someone in the middle of 5th aveue and they will still support him”
  3. Looking out for #1: getting others to take the fall.  Trump’s associates often try to protect him from the consequences of his actions.  Inevitably, it is the associates who end up getting hurt (H.R. McMaster).  When he borrows money, it is the lenders, contractors, and employees who suffer, while Trump maneuvers through bankruptcy.
  4. Avoiding Accountability: moving goal posts, and making excuses.  If people attempt to try to hold Trump to account, even if it is a promise he made himself, such as releasing his big beautiful tax returns, he will move the goalposts, for instance, by suggesting that Hillary need to first release her emails.  A later excuse was that he can’t release his tax returns because his was under audit,  even though that is not true — Nixon release his when he was under audit.  In actuality the audit threat was not a legal barrier he faced, but a fear that a new audit might be initiated were his tax returns to face the harsh disinfectant of sunlight.
  5. Attacking the Referees: Trump has seldom been accountable to anyone.  Trump so frustrated his father, that Fred Sr sent him to military school.  Ever since that experience of accountability, he has run his own business, reporting to no one.  As president, the media represents a source of accountability that he can not abide.  While in New York, Trump found he could manipulate the tabloids to his own purposes.  He expected the national political press to work the same way, but has been dismayed to find that they can not all be co opted as easily as the New York Tabloids.
  6. Fighting Spirit: Always Attack and Double Down: He learned from Roy Cohn: Never admit you were wrong.  Always go on offense and double down.
  7. Identifying and Insulting Weakness in Rivals
  8. Using Conflict for his own purposes
  9. Channeling Fear and Grievances, often on scapegoats