My election observations... I'm titling it... "The Rope-a-Dope"...
Trump is leaning against the ropes, congratulating the people throwing punches at him, while an entirely different fight unfolds around the ring...
Three days before the midterms, Trump posted Muhammad Ali's 1971 defeat against Joe Frazier... that caught my attention because Ali's greatest strategic masterpiece came three years later against George Foreman... the rope-a-dope...
Ali absorbed punishment against the ropes, allowing Foreman to exhaust himself while the crowd watched what appeared to be a losing fighter... then, in the eighth round, Ali came off those ropes and knocked Foreman out...
Now look at November 3... Dems capture Congress, the media celebrates, and Trump congratulates his opponents, praises their performance, and offers cooperation...
He distances himself from the losses, reminding everyone he wasn't on the ballot and still possesses presidential veto authority...
See the positioning? He's absorbing the blows while his opponents inherit responsibility for what follows...
Meanwhile another sequence was unfolding... in September, DOJ issued litigation holds covering election records in 29 states and Washington, D.C. On October 26, Trump announced a proposed $1 million election fraud reward, alongside DOJ's separate $10,000 to $30,000 fraud incentive program...
On October 29, DOJ reinforced the 22-month federal election record preservation requirement, warning against deliberate destruction...
Then just one day before the election, a Michigan judge permanently blocked deletion of original electronic pollbooks after certification, preserving underlying data and metadata... "watch Michigan"...
Election evidence was being legally protected before the outcome was known...
Simultaneously ~1,000 DOJ monitors and observers covered 126 jurisdictions across all 50 states...
Hegseth mobilized military intelligence, Cyber Command, and the NSA against foreign interference, while DOJ's voter registration litigation tested federal authority against state sovereignty and privacy protections...
Election Day produced localized scanner failures, ballot shortages, bomb threats, and disruptions. Federal cyber monitoring reported limited threats and no identified foreign influence operations by late election night... preserved records now provide a foundation for lawful audits and investigations...
Zoom out and connect the systems... federal monitoring expanded as courts enforced constitutional boundaries... cyber defenses operated alongside evidence preservation... Congressional power shifted while the presidency retained its executive authority... and Trump is congratulating the Democrats...
Ali understood this dynamic... Foreman's aggression, confidence, and energy expenditure became variables influencing the fight... the punches were landing while conditions for Ali's counterattack developed...
Trump's Ali posts, his election response, and the institutional activity surrounding November 3 create a striking parallel...
The congressional defeat is real, legal processes continue, election records remain preserved, and Trump retains his constitutional powers...
Trump has absorbed the immediate political damage while positioning himself for the next phase...
The Democrats have their victory, the spotlight, and the illusion of victory... Trump is about to move off the ropes and come out swinging...
This is insane
A federal judge in SDNY just ordered that this video of Trump offering $5000 if Republicans win the elections had to be DELETED
It would sure be a shame if we all made it go viral again!
Fines are great. Handcuffs are better. This is an important read.
“I gave up everything I had to stop this. I am asking you to use the power you have to finish it.”
🔥 Now this is how you field the questiond about the war in Iran. The crowd's response is epic.
GOP Senatorial candidate Justin Murphy's response was pure gold. Senator Cory "Spartacus" Booker's face tells the entire story as Democrats have seen no one come Out swinging like this.
"Mr. President, put your cowboy hat on and get out there and kick some
a$$...and get this done and get this done right"
🇺🇸 SCOTT BESSENT JUST POSTED THIS:
Dear Senator Elizabeth Warren:
I have received your October 7 letter, which adds to the mounting body of evidence of your complete paucity of knowledge about financial markets. Rather than take my suggestion of studying introductory economics, you have continued your letter-writing crusade and participation in tabloid fodder about the Treasury Department.
Unfortunately, it is difficult to treat your concerns as sincere. As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration’s reckless spending. You blamed the economic consequences on the Federal Reserve, rather than your own irresponsible fiscal policies. Your view of the economy depends on who occupies the White House, but your woeful understanding of the issues is consistent.
The “interventions” you describe as “unprecedented” have been underway since May 2024. The buyback program has been well received by market participants in bolstering Treasury liquidity, which reduces market volatility, increases the convenience yield of Treasury securities and ensures the best value for the taxpayer. The continued enhancements optimize Treasury market liquidity in primary and secondary markets. The U.S. Treasury market’s liquidity and performance versus global peers is evidence.
While you voted for a $5 trillion tax hike on everyday Americans, the Working Families Tax Cuts continue to deliver for families and workers across the country. The average refund this filing season was over $3,400, an increase of 11 percent over the previous year. More than 30 million workers claimed No Tax on Overtime, more than 7 million claimed No Tax on Tips, and more than 37 million seniors claimed their enhanced deduction. More than 34 million families claimed the permanently enhanced Child Tax Credit, and millions of families are utilizing Trump Accounts to unlock a new savings vehicle for children. All of which you voted against.
These results are made possible by the employees of the Department of the Treasury, who are working around the clock for the American people. Unsurprisingly, you have responded by criticizing their dedication and aptitude for the job in a recent interview.¹ Despite your malign characterization, the Domestic Finance team you alluded to in your interview is fully staffed relative to historical levels. It is ironic that you have voted against every presidential appointee for a position at Treasury, no matter how impressive the qualifications for the role. Given your newfound interest in Department personnel, I challenge you to reverse course and thoughtfully engage with future nominees and support their confirmation.
Finally, my offer of a Foreign Exchange for Dummies tutorial still stands and if you receive a passing grade on the Yale metric, not the Harvard curve, I would be happy to also include a Fixed Income for Dummies.
Sincerely,
Scott Bessent
Then he finished with a handwritten note ✍️
Happy Indigenous Peoples’ Day in advance to you and your family.
💀