What is your investment strategy for 2025?

I don’t understand the legalese, but I do understand these two paragraphs:

"However, previous administrations have allowed so-called “independent regulatory agencies” to operate with minimal Presidential supervision. These regulatory agencies currently exercise substantial executive authority without sufficient accountability to the President, and through him, to the American people. Moreover, these regulatory agencies have been permitted to promulgate significant regulations without review by the President.

These practices undermine such regulatory agencies’ accountability to the American people and prevent a unified and coherent execution of Federal law. For the Federal Government to be truly accountable to the American people, officials who wield vast executive power must be supervised and controlled by the people’s elected President."

They’re essentially saying in semi-good English:

  • Previous administration bad for letting them run wild, and they ran too wild
  • They have too much power I can’t touch (Mirager comment: that’s how they were designed to be, for good reason, by the Founding Fathers who understood democracy better than most, anywhere in the world or history)
  • I need to take some of that power away from them so I get to tell them what to do
  • I am the People (Mirager comment: this is a very common trope of authoritarians, equate themselves with the people and hence anyone against them personally is an enemy of the people)

I’m seriously thinking hitting the BIG RED SELL ALL button and waiting it out at 0.5%/year.

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