Third term, legacy, etc
Obama isn't quite as complicated as Nixon, but his overall pattern is just as hard to read, which means the 'status quo' or 'legacy' is hard to spot.

On economics he served the Chosen perfectly, continuing Bush's obedience. No punishment or rules for banks, infinite gifts for banks, infinite monopoly for health insurance, zero interest for humans. No difference between first and second terms.

On trade and industrial policy, Obama ferociously continued globalism. Destroy all American industry. No diff between 1 and 2.

On foreign policy he began by serving Israel and Saudi perfectly, with Hillary amplifying Bushism. Continue wars against Iraq and Afghanistan, start new wars every week. After Hillary was totally incapacitated in 2012 by a "mild pneumonia" in 2016 that reached back in time to destroy her brain, Obama had a reason to get rid of her. In his second term he turned away from Israel and other Bushian policies. Restored normal relations with Persia, paid our debts to Persia, restored normalcy with Cuba, tried to work with Russia where possible, and DIDN'T START ANY NEW WARS. DRAMATIC difference between first and second terms.

= = = = =

In most elections a new D claims to provide a "third term" for the existing D, or a new R claims to provide a "third term" for the existing R.

None of that applies this time. It's a complete tangle.

On economics, Trump is unfocused but doesn't seem willing to break the ZIRP/TBTF crime. He hasn't talked about it. Hillary is more clear and enthusiastic about continuing the crime. So we have two "third terms", two criminals.

On trade, Trump is clear and consistent. He wants to break out of globalism and return to sanity. Hillary gives partial lip service to moderating globalism, but with lots of winks and nods. So Hillary is the "third term" and Trump is a genuine delta.

On foreign matters, Trump wants to undo Cuba and Persia but seems unwilling to start lots of new wars. Hillary wants to go back to full-fledged goyicide. Trump is thus closer to "third term" but not really there, while Hillary wants to be her own "second term".

= = = = =

I'm genuinely curious to find out what Obama thinks about his legacy. He's unwilling to break Party discipline while the election is running. At some point, when it's too late, he will offer a useful and probably surprising perspective on all of this.
  ¶ 2:39 PM