Trump and Republicans are joining Democrats in governing as “aristo-populists.” In today’s action-packed show, I analyze Trump’s housing plan, desire to cap credit card rates, and spat with Jerome Powell over near-zero interest rates through the prism of aristo-populism vs. free-market populism. Aristo-populism is the antithesis of principled governance in that you are swayed by the monied interests at the top of the food chain of policy, sell political access, and then get swayed by perceived public opinion at the bottom to overcorrect. Whereas free-market populism — being for the people — means driving down the middle without any favorable treatment of any one class or industry. I explain exactly how the housing policy fits into the duplicitous dynamic of the arsonist as the firefighter. Also, Trump continues to endorse only candidates who will support data centers rather than those who will actually fight the elites. Finally, there is no better time for a truly independent party and movement.

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