Our system of governance in the U.S. is highly dependent on the willingness and ability of citizens to elect leaders who will solve the problems and challenges of the current environment, and who will promote institutional adaptations in the long-term public interest.

Most of us will identify with the basic attributes scholars often point to as the foundation for effective public leaders: (1) Honesty; (2) Basic and Common roots; and (3) A reputation of high integrity and personal principles.

As I searched for the “secret sauce” of public sector leadership, I found a few terrific recipes.

My favorite might be, “If leadership has a secret sauce, it may well be humility. A humble boss understands that there are things he doesn’t know.”

Some contenders include,

“Good leaders motivate and encourage others.” Continued emphasis on controlling and/or reducing costs in the public sector puts extreme pressure on public sector employees.  Good leaders create supportive atmospheres and encourage initiative. They invest in their people and foster skill growth. And when employees are satisfied in a healthy environment, great results likely will follow.

“Good leaders communicate clearly and listen attentively.” When good leaders sincerely listen to the needs and challenges of their constituents, they can respond effectively and bring about the greatest positive change.

“Good leaders are trustworthy.” Trustworthiness is built upon integrity and character. When people trust leaders and value their integrity, they tend to be more open to new ideas and exude a willingness to try.

“Good leaders think critically and act collaboratively.” Effective decision makers employ careful consideration and analysis of the evidence before formulating a decision. Public sector decisions can have multi-generational impact, so using a team approach incorporating strong analytical, problem solving and critical thinking skills is essential to the job.

“Good leaders are resilient.” In the world of public policy and governance, the only constant is change. Uncontrollable external variables will create unexpected challenges. Good leaders remain positive; they develop alternative solutions; and they encourage confidence in their employees to help ensure they will remain effective at the most crucial times.

My greatest hope is that other fellow citizens of the U.S. will take a few minutes to step back and think about the strategic implications of leadership.

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Today, I watched and listened to a significant portion of the Congressional hearing involving FBI agent Peter Strzok.

I believe this Spanish Inquisition model was perfected by Rep. Trey Gowdy during his multi-year ‘Joseph McCarthy-inspired’ Benghazi investigation.

I also believe that the needs and rights of the American people are being completely ignored by members of Congress who follow this Model, seemingly fully deaf and blind to the needs and rights of the American people.

Trey Gowdy gained a national stage when he took charge of the Benghazi committee in the spring of 2014, prior to which there had already been seven (7) previous House and Senate investigations (plus an internal review by the State Department) into the conditions surrounding the terrible attack on the U.S. diplomatic outpost by members of the Islamic militant group Ansar al-Sharia.

The Benghazi incident took place in September 2012 when attacks on the U.S. consulate in Libya resulted in the deaths of U.S. Ambassador Christopher Stevens and 3 other Americans.

Gowdy’s Select Committee on Benghazi consumed significant amounts of American resources, yet it yielded nothing that was not already known.

Today’s performances by House Judiciary Chairman Bob Goodlatte (backed up by Rep. Trey Gowdy) would be worthy of Tony Award nominations had they taken place within a Broadway show.

Although they were not performing on Broadway, they did help to inspire a vicious and highly partisan attack on Mr. Strzok, both professionally and personally.

I am an American citizen, property owner and voter who has become completely disillusioned by the increasingly malignant infestation of our legislative bodies by individuals who seem to be motivated by evil intent, and who further seem to be unwilling and unable to adhere to the commonly acknowledged rules of decorum.

This charade — publicly attacking Peter Strzok, a man who has an exemplary 20+ year history of service protecting and supporting the U.S. Constitution — is completely out of context.

If Strzok is a traitor or is guilty of some heinous crime, that should be determined behind the scenes, perhaps by a Grand Jury.

There is no excuse for a committee of the Congress to attempt to publicly eviscerate and excoriate a sworn federal agent who has proven his willingness and ability to protect the best interests of American citizens while upholding the U.S. Constitution.

Today, Donald Trump was in Brussels representing the U.S. at a NATO summit.

His documented behavior was at best, rude. Some have called his actions to be “obnoxious and uncivilized.” Others have said, “…consistently appalling and despicable behavior.”

Trump continues to test the lower boundaries of bad behavior, creating an internationally negative aura against the people of the United States.

How to explain this immature and puerile public conduct by a man who is currently serving as the President of the U.S.?

Here is one clue: In his 1987 book, The Art of the Deal, Trump states, “Even in elementary school, I was a very assertive, aggressive kid. In the second grade I actually gave a teacher a black eye. I punched my music teacher because I didn’t think he knew anything about music and I almost got expelled. I’m not proud of that, but it’s clear evidence that even early on I had a tendency to stand up and make my opinions known in a forceful way.”

The Donald attended an exclusive private elementary school (Kew-Forest) from 1950 to 1959.

Ann Trees, one of Trump’s elementary school teachers (now retired), was quoted in a 2016 Washington Post article as saying, “Who could forget him? He was headstrong and determined. He would sit with his arms folded with this look on his face — I use the word surly — almost daring you to say one thing or another that wouldn’t settle with him.”

Sound familiar?

An unsubstantiated story from Trump’s youth adds some additional credence to the potentially negative effects of a weak upbringing. The story dates to the early 1950’s (likely 1954) when The Donald would have been in 3rd grade.

Donald’s father, Fred, entered young Donny into a contest, ‘King of the Playground Bullies’. Despite being one of the youngest contestants, The Donald took second prize.

Donald’s father was quite disappointed, and from that point forward, Donald himself vowed to become the best and meanest bully the world would ever know.

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Fast forward 65 years, and The Donald proved his mettle today on the world stage in Brussels.  Let’s hope his father Fred is proud of his progeny.

The headline comes directly from Steven Mnuchin, our U.S. Treasury Secretary, who recently penned an op-ed piece which appeared in print in the Tampa Bay Times (July 3, 2018).  https://www.whitehouse.gov/articles/trump-tax-cuts-strengthened-u-s-economy/

Mnuchin’s opinion piece seems to consist primarily of fluffed-up puffery related to the Tax Cuts and Jobs Act (TCJA) of 2017.

Mr. Mnuchin omitted several critical issues which most economists agree must be included in any analysis of the U.S. economy.

First is the ‘business (economic) cycle’.  The National Bureau of Economic Research (NBER) has been tracking the U.S. economy for 160+ years.  NBER defines one business cycle as: A period of economic expansion; followed by a contraction (recession); ending at the next point of recovery.

NBER’s 160+ years of records reflect that (over that time) the U.S. economy experienced 66 business cycles. Since 1945, we have experienced 11 business cycles with an average length of expansions of 5 years, followed by an average length of recessions of 1 year.

We can’t forget that the U.S. economy almost collapsed in early 2008 following a period of ebullience and expansion apparently accompanied by loose regulatory oversight of the financial sector.

Quick intervention in 2008 by our federal government saved the U.S. economy from the deepest and longest downturn since the Great Depression.  NBER data reflects the point of recovery (beginning of expansion) of the U.S. economy occurred in June 2009, and has now entered its 10th year (109th month) of growth.

Our current economic expansion is now the second-longest expansion on record, exceeded only by the expansion from March 1991 to March 2001, which lasted a full 10 years.

History tells us we are very close to the point of contraction (recession) of the U.S. economy.

Second is the ‘Skills Gap’.  When Mr. Mnuchin tells us that “…there are enough job openings in America for every unemployed person in the country” he fails to explain that the majority of open jobs require skills which the majority of unemployed people lack. In other cases, the unfilled jobs are located hundreds – maybe thousands – of miles away from the location of potential job seekers.

One solution to filling the open jobs is to encourage migration – or immigration — of skilled workers.

Another solution is to recruit, educate and train currently underemployed or unemployed U.S. residents who live in near proximity to the open jobs.

Third involves a dangerous combination of tax cuts and deficit spending to finance those tax cuts.

Mr. Mnuchin touts benefits to U.S. workers as a result of repatriation of hundreds of billions of dollars from off-shore corporate subsidiaries to the U.S.  In fact, companies thus far have paid out dividends and other withdrawals of $305.6 billion from foreign receipts which far outstripped the amount of this cash which was reinvested domestically.  By some estimates, corporations have spent 72 times as much on share buybacks as they have spent on one-time worker bonuses and raises.

The U.S. ‘current account deficit’, which measures the flow of goods, services and investments into and out of the country, widened by $8.0 billion to $124.1 billion, or 2.5 percent of national economic output in the first 3 months of 2018, virtually all of which seems to be attributable to the repatriation tax holiday.

To make up for the loss of tax revenue, the Trump administration is relying on a combination of debt financing and mystical economic growth which they expect to occur at the end of an extended business cycle.

Mnuchin tells us that U.S. economic growth is on steroids.

Some observers have noted that the appearance of economic growth is highly influenced by the infusion of repatriated cash – somewhat similar to feeding 2nd graders sugar before sending them out onto the playground.

The energy is intense, but it won’t last very long, and it is just not sustainable.

A recent report (6/21/2108) from the U.S. Office of Government Accountability (GAO) warns that responsible action is needed on the nation’s growing federal deficit, which grew to $666 Billion in FY 2017 (10/01/16 to 9/30/17) and is projected to surpass $1 Trillion by 2020.

According to the GAO’s 2017 financial report, the federal deficit in FY 2017 increased by 13.5% from $587 Billion in FY 2016 and $439 Billion in FY 2015. Federal receipts in FY 2017 increased by $48 billion, but that was outweighed by a $127 billion increase in spending.  (Note that Deficit is an annual measure; National Debt is aggregate, an accumulation of annual shortfalls.)

The aggregate (gross) amount that the U.S. Treasury can borrow is limited by the U.S. debt ceiling. As of April 30, 2018, our National Debt was $21 Trillion, about 78% of GDP.

Since its passage in December 2017, the non-partisan Congressional Budget Office has warned that TCJA will add $1.84 Trillion to the federal deficit over the next 10 years, which they estimate will push the National Debt to an unprecedented 152 percent of GDP by 2028, significantly increasing the odds of a new financial crisis.

Interest rates are rising, and National Debt is increasing, thus interest on National Debt will consume an ever-increasing amount of future federal budgets.

And, of great concern is the flattening of the ‘yield curve’.  Traditionally, interest rates on short-term debt are lower than rates paid on long-term obligations.

The spread between the yields of the 2-year Treasury note (2.55 percent) and 10-year Treasury note (2.89 percent) was 34 basis points on June 23. That’s less than half of what it was in early February and the narrowest it’s been since August 2007.

An inversion of the yield curve — when long-term rates fall below short-term rates — traditionally predicts a looming recession.

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It’s not clear why Mr. Mnuchin – a seasoned financial services sector professional with a clear expertise in fixed income securities – would omit such important information in his assessment of the U.S. economy.

I am drawn to conclude Mr. Mnuchin is using his position as a high-ranking federal official to ‘butter his own toast’, likely through complex – and undisclosed — derivative positions.

We’ll have to see if the Walrus is correct…..

Let’s step back, look in the mirror and be really honest.

Who knows someone who desires to abruptly leave home in the dark of the night; taking only what they can carry; dragging along young children who are already traumatized; and expecting to travel hundreds – maybe thousands – of miles to a strange land where they don’t speak their language and where they know no one?

People who fall into this dilemma are sometimes called:  Refugees;  Migrants; and/or Asylum seekers. Whatever label seems most appropriate, they tend to number around one million people annually across the globe.

The United Nations Refugee Agency (UNHCR) was created in 1950 to help millions of Europeans who had fled or lost their homes as an outcome of WWII.

Over the ensuing 68 years, UNHCR has become the premier expert on migration, working with 128 countries and assisting well over 50 million refugees to successfully restart their lives.

Mixed movements (or mixed migration) refers to flows of people traveling together, over similar routes and using the same means of transport, yet often for different reasons.

The men, women and children traveling in this manner often have either been forced from their homes by armed conflict or persecution, or are on the move in search of a safer (better) life.

People traveling as part of mixed movements have varying needs and may include asylum-seekers, refugees, stateless people, victims of trafficking, unaccompanied or separated children, and migrants in an irregular situation. Mixed movements are often complex, and can present challenges for all those involved.

An asylum-seeker is someone whose request for sanctuary has yet to be processed. National asylum systems are in place to determine who qualifies for international protection. During mass movements of refugees, usually as a result of conflict or violence, it is not always possible or necessary to conduct individual interviews with every asylum seeker who crosses a border. These groups are often called ‘prima facie’ refugees.

Donald “King of the Con Men” Trump has the attention span of a gnat, the moral turpitude of a ‘made man’ and the integrity of a Carnival Barker.

Mr. Trump has leveraged his expertise as a Carnival Barker to master the classic Shell Game which relies on distraction to temporarily fool the audience toward a false conclusion.

For weeks, Trump — in cahoots with his acolytes and sycophants – has maintained that potential asylum-seekers entering the U.S. at legal border crossings would not be prosecuted, and would be processed in turn.

Sounds good, right?  Except these elected and appointed U.S. officials concurrently made it virtually impossible for these migrant asylum seekers to cross the border legally and enter their petition for sanctuary.

These elected and appointed U.S. officials have consistently denied that their evil policy to criminalize mothers fleeing unimaginable atrocities in their home countries and accompanied by young children who cross into the U.S. at any place other than a legal border crossing – even those who tried to enter at an official entry point but were prevented by arbitrary and capricious gate keepers – was intentional, discriminatory and dangerous.

Most egregious:  We have recently learned that Stephen Miller, the White House senior advisor who is the architect of many of the Trump administration policies on immigration, is the great-grandson of a Jewish immigrant who fled the poverty and pogroms of the Russian Empire in the early 1900s.

Stephen Miller may have a serious learning disability which has prevented him from learning the lessons of history which help inform the thoughts and actions of informed, compassionate and successful servant leaders.  Perhaps Mr. Miller needs some medical intervention which could help him focus on humane, considerate and civilized thoughts and behaviors?

This event — June 20, 2018 — represents a fabulous ‘photo op’ for Trump, and it results in a Pyrrhic victory for oppressed and victimized mothers and their minor children who are fleeing horrific conditions in their homelands of Honduras, El Salvador and Guatemala -the so-called Northern Triangle.

Read between the lines of Trump’s Executive Order and you will find little change in the draconian American policy of abusing and torturing women and children.

Trump and his administration have embraced a tactical wholesale approach to focus, apprehend and detain the most vulnerable – and least dangerous – people who seek asylum in the U.S.

Trump has – and continues to – proclaim that “..most immigrant families and minors from Central America who arrive unlawfully at the border cannot be detained together or removed together – only released.  These are crippling loopholes that cause family separation which we don’t want.”

Probably not true, and even if true, completely irrelevant.

Statistics tell us that:  (1) Immigrants who come to United States seeking asylum from horrible conditions in their countries of origin are generally women with minor children who pose little to no criminal or other risk to the U.S.;  (2) Immigrants who come to the U.S. seeking work to support families left behind in their country of origin are predominantly men who strive to make enough money to send for the rest of their family to bring them into a positive environment.

Yes, each of these scenarios illustrates a likely violation of current U.S. immigration laws.

However, let’s not lose sight that the foundation of immigration laws of the U.S. is the Immigration and Nationality Act of 1952, sometimes known as the McCarran–Walter Act.  Yes, 1952.

Parts of that Act remain in place today.  It has been amended several times and was modified substantially by the Immigration and Nationality Services Act of 1965.  Yes, 1965.

No doubt, there exist a small percentage of people who illegally enter the U.S. with nefarious intent. It seems that most of these ‘bad actors’ do not travel with children; are not female; and do not enter over the southern border.

If Trump — and his band of complicit Republican cronies – really desire to improve our national security through better immigration strategy and policy, they need to focus on fact-based, root cause analysis, and to invest in solutions which utilize “evidence-based targeting,” an approach which uses objective data to focus limited resources toward those individuals who pose the highest risk of danger to the U.S.

Evidence-Based Targeting is a strategic approach which requires planning; careful research; and a blind approach to race, religion, gender, national origin or other irrelevant factors.

Yes, Mr. Trump, we are in lock-step with you on secure borders.  We – even those of us who are not registered Republicans – demand secure borders and we want to have modern policies and procedures in place which keep bad actors out of the U.S.

That said, we need to ask you to stop acting as a bully, stop picking on defenseless women and children, and start focusing on Evidence-Based Targeting to help protect our domestic security.

And, concurrently, it would be really great if you could work with Congress to modernize that 1952 McCarran–Walter Act which probably made sense back then, but seems to need some tweaks to address the huge demographic changes which have occurred since then.

Please, Mr. Trump:  Stop the puerile ‘Beavis & Butt-Head’ rhetoric and start acting like a leader.

Another branch of our armed forces?

I just can’t imagine an Industrial Engineer who would look at the current structure of the Pentagon and the U.S. military and not conclude that we have an extraordinarily inefficient approach to defense.

Air, land and sea.  Sounds good, right?

Except that we have 5 branches which overlap, compete with each other directly and indirectly, and don’t always communicate well.

Now, the Master Obfuscator and Distracter-in-Chief wants to start a 6th branch!

I can only conclude that The Donald is running wild trying to divert attention away from some of his self-created demons: Immigration; His war on Canada; His new love affair with Kim Jong Un; A ‘tax reform’ plan which will leave America bankrupt; The deterioration and ultimate disintegration of the American health care system; The ‘Russia thing’; Cyber security intrusions and risks across the entire U.S. public and private sector; Rapidly deteriorating physical infrastructure across the U.S.; Escalating gun violence, the NRA and 21st century gun control; Mueller and his ‘Russian Witch Hunt Hoax’; Stormy Daniels; and Dozens of other critical issues which need to be addressed in an honest, responsible and strategic fashion.

Donald J. Trump has the attention span of a gnat, the moral turpitude of a ‘made man’ and the integrity of a Carnival Barker.  Despite that, he is our POTUS, and he continues to dash along his path toward fooling many of the people most of the time.

The Illegal Immigration Reform and Immigrant Responsibility Act of 1996 was approved by the One Hundred Fourth U.S. Congress, and was signed into law by President Clinton on September 30, 1996.

The evolution of this federal law began just after Republicans assumed majority party status in the House and Senate after the 1994 mid-term elections. Moved forward under the leadership of then-House Speaker Newt Gingrich, the evolution of this Act was long and contentious.

The Act was a major step forward on securing our borders. Among other things, it provided for a dramatic increase in the number of Border Patrol agents; allocated $12 Million for a 14-mile triple fence along the US border from San Diego eastward; provided funding to the INS for acquisition of state-of-the-art equipment including aircraft, helicopters, night vision goggles and four-wheel-drive vehicles.

A critical focus of the Act was to provide stronger enforcement efforts and penalties for persons who: attempt to enter the U.S. illegally; smuggle immigrants into our country; or live inside U.S. borders without proper documentation.  A key driver of the legislation was a popular groundswell to improve oversight of immigrants to reduce and/or eliminate those aliens who had strong propensities toward bad behaviors.

By way of background, a wave of people fleeing from Central America’s ‘Northern Triangle” in the 1980’s –El Salvador, Guatemala, and Honduras – helped to create a perfect storm to challenge U.S. immigration enforcement.

The great percentage of these Northern Triangle immigrants were people who wanted to find a stable environment for their family; to assimilate; and to become productive members of their new community.

A small number of these individuals were survivors who had fought in civil conflicts — some of whom were naturally drawn into street gangs, including MS-13 — most of whom were unattached males with no children.

One of the tenets of this 1996 Act clarifies and codifies the role of an examining immigration officer to determine when an arriving alien is inadmissible for admission to the U.S. for having engaged in fraud or misrepresentation, or because the alien lacks valid documents.  The Act empowers the officer to order the alien removed without further hearing or review, unless the alien states a fear of persecution or an intention to apply for asylum

It further provides that an alien subject to expedited removal who states a fear of persecution or an intention to apply for asylum shall be referred for interview by an asylum officer, and if that officer finds that the alien has a credible fear of persecution, the alien shall be detained for further consideration of the application for asylum under normal non-expedited removal proceedings.

When the asylum officer determines that the alien does not have a credible fear of persecution, the asylum officer will order the alien removed from the United States.

The alien may then request a review by an immigration judge of the asylum officer’s credible fear determination. If the immigration judge also finds that the alien does not have a credible fear of persecution, the alien will be removed from the United States pursuant to the asylum officer’s order.

What is missing from the Act is a clear prohibition of separating immigrant children from their parents.

Why is that prohibition missing from the Act?

One has to conclude that no one in 1996 – not even Newt Gingrich – could have imagined that any official in the United States would consider this approach to be a viable solution.

True, Bill Clinton signed the law which made some major strides forward in our responsible and rational enforcement of U.S. immigration policy.

Yet, there is nothing — NOTHING — in this — or any law — which encourages separation of children from their parents.

It seems wherever we look, Donald Trump’s appalling behavior sets a new and very low standard upon which to measure the 21st Century version of The Ugly American.

His most recent tweets about Canadian PM Trudeau which followed Trump’s rude early departure from the G-7 meeting are deplorable.

Then, he sent his thugs Kudlow and Navarro off to reinforce the message in harsh, scorched-earth fashion.

Said Navarro on Sunday, June 10, 2018: “All Justin Trudeau had to do was take the win. President Trump did the courtesy to Justin Trudeau to travel up to Quebec for that summit. He had other things, bigger things on his plate in Singapore.  And what did Trudeau do? As soon as the plane took off from Canadian airspace, Trudeau stuck our president in the back. That will not stand.”

Trump did a courtesy? Hello? Red meat to the Trump base; An insult to everyone else who lives on Planet Earth.

Donald Trump said what Canada has “done to our dairy farm workers is a disgrace. It’s a disgrace. And our farmers in Wisconsin and New York State are being put out of business, our dairy farmers.”

Trump has gone on to tell us that “Canada charges the U.S. a 270% tariff on Dairy Products! They didn’t tell you that, did they? Not fair to our farmers!”

No, they didn’t because it’s just not true.  There is one specific dairy product which has ignited this Tempest in a Teapot, a product which exists in surplus due to overcapacity in the U.S. dairy industry.

The product at the center of the dispute is ultra-filtered milk, which is used to make cheese and yogurt.

It is not governed by any tariffs under NAFTA, because it essentially did not exist when NAFTA was originally negotiated. The U.S. dairy industry has been selling surplus ultra-filtered milk — duty-free — to Canadian processors. And that is part of the root problem for Canadian dairy farmers.

Never heard of ultra-filtered milk?  Neither had I.

Ultra-filtered milk (sometimes called diafiltered milk) is generally a byproduct of butter production after the milk fat has been removed to provide the basic ingredient for butter.

It is a sub-classification of milk protein concentrate which is created by passing the remaining low- or no-fat milk under pressure through a thin, porous membrane to separate the components of milk according to their size. Ultra-filtration allows the smaller lactose, water, mineral, and vitamin molecules to pass through the membrane, while the larger protein molecules are retained and concentrated. The removal of water and lactose reduces the volume of milk, significantly lowering storage and transportation costs.

In 2016, the U.S. dairy industry sold about $133 Million of ultra-filtered milk to dairy product producers in Canada, a rounding error on the total trade transactions between the U.S. and Canada.

The federal U.S. Trade Representative reported a U.S. $12.5 Billion trade surplus for goods and services with Canada in 2016, exporting $320.1 Billion and importing $307.6 Billion. (The reported U.S. surplus was $8.4 Billion in 2017).

Meanwhile, the man who affirmed that he would faithfully execute the office of President of the United States, and would — to the best of his ability — preserve, protect and defend the Constitution of the United States has given us clear and irrefutable evidence that his abilities are deficient, inadequate, unacceptable, inferior and dreadful.  Or, perhaps he is an untruthful traitor.

Either way, he has put our entire world in danger of a real world war.

Martha Stewart served prison time for a conviction on insider trading.

There is a cadre of Trump Insiders who are privy to Mr. Trump’s rants which roil the financial markets, some of whom are getting rich off of their advance information of what he will say or do.

Donald Trump’s frequently irrational, generally unpredictable — and often arbitrary and capricious — tweets, pronouncements and actions have proven to significantly move financial markets, often creating a whipsaw effect.

Today – May 31, 2018 – Mr. Trump allowed tariffs to be enacted on steel and aluminum imports from Canada, Mexico and the E.U. on the grounds that such materials are being imported into the United States “in such quantities and under such circumstances as to threaten to impair the national security of the United States.”

There is no credible evidence that steel and/or aluminum imported into the U.S. from Canada, Mexico and/or the E.U. pose any threat to the national security of the U.S.  In fact, there is no credible evidence that such imports pose any threat to the U.S. domestic economy.

Meanwhile, Mr. Trump’s action today to impose tariffs on imports from our closest allies was apparently not expected in the financial markets, leading to a 1% drop in the Dow Jones Industrial Average.

We now have several data points relating to financial market response to irrational actions by President Trump which clearly represent huge arbitrage opportunities for Trump insiders.

The ‘out-of-right-field’ announcement in early March 2018 by Mr. Trump that the U.S. would impose tariffs on steel and aluminum imports precipitated an almost immediate 500 point drop in the DJI.

 

It’s bad enough that Trump’s actions pose a tremendous risk to the entire U.S. society and our economy.

The Securities and Exchange Commission (SEC) needs to reign in this illegal behavior by Mr. Trump, and to charge those insiders who are illegally profiting in the financial markets from advance knowledge of what sort of disruptive, arbitrary and capricious pronouncements President Trump will make in the near term.