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Forum - Wall Street Pit    Stock Due Diligence for All

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From: mflutie1 (Rep: 23) reply to alectricDate: 05/23/2020 13:08
Forum: Wall Street Pit - Msg #2848937Thread #674159429 (Rec: 0)
Re: With Trump, the Pathology Is the Point...Every now and then, a disruptor ...


a massively excellent answer to a massively asinine post



Reply to alectric - Msg #2848910 - 05/23/2020 08:33

Re: With Trump, the Pathology Is the Point...Every now and then, a disruptor comes along to shake the very core of long-standing institutions like a forest fire clears the underbrush. They are necessary to highlight simmering problems that those in authority choose to ignore. History is replete with such examples. I think of Martin Luther's questioning the authority of the Roman Catholic Church which had so dominated every aspect of life during the Middle Ages. Power was invested in the few, to the detriment of the many. That's not to say that the Church didn't serve a useful role in keeping society together and give people hope in the midst of their dire circumstances. But the time had come for power to be transferred from the few to the many, and with the invention of the printing press some 77 years prior, Luther was able to disseminate his message far and wide, a message that focused on the priesthood of individual believers and the final authority of Scripture over the Pope. This idea made a major contribution toward the rise of democratic constitutional government that Luther never could have envisioned.

Trump is, in the eyes of those who elected him, a disruptor who has given voice to those Americans who were left out, as their jobs left these shores and the influx of illegal immigrants took what remained in many of the higher paying service jobs. Entire cities were devastated by the vacuum created by the loss of those jobs, the "giant sucking sound" Ross Perot referred to when he was running for President on the Libertarian ticket decades ago. Democrat and Republican administrations, beholden to international corporations, ignored their plight. These voters don't care about the manners of the President and his personal failings. What they care about is that he is a disruptor. It remains to be seen what the ripple effect will be over the next decade. Maybe a new Reformation? Time will tell.
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