Donald Trump just made his biggest mistake yet

| 9:09 am EST December 26, 2018
Dear Palmer Report readers, we all understand the difficult era we're heading into. Major media outlets are caving to Trump already. Even the internet itself and publishing platforms may be at risk. But Palmer Report is nonetheless going to lead the fight. We're funding our 2025 operating expenses now, so we can keep publishing no matter what happens. I'm asking you to contribute if you can, because the stakes are just so high. You can donate here.

Another young child being held in Donald Trump’s immigrant concentration camps died yesterday, the latest evil chapter in an era that history will judge him – and us – uniquely harshly for. But when I refer to Trump’s “mistakes” I’m talking about the kinds of things that can get him swiftly ousted. That would require twenty Republican Senators to turn against him, and the death of a child won’t do it. But there is something that will quickly take him down, and it represents Trump’s biggest mistake yet.

You can never come between conservative billionaires and their money without consequences. If you’re a Republican politician and you come between conservative billionaires and their money, it’s a fatal mistake for your career. Donald Trump’s biggest cheerleaders may care most about his nihilist rhetoric and his border wall, but these are people without wealth or influence. The big-money people backing the GOP only care about, well, their money.

Donald Trump’s trade war antics have been harming the stock market for awhile now. But when he decided this month to shut down the government over his imaginary border wall, in a last ditch effort to keep his base intact, he sent the stock market off a cliff. Trump’s antics have set more money on fire in the past few days than you and I will ever touch in our lifetimes. He’s made the one mistake he can’t make.

Donald Trump is being floated partly by a handful of politically active conservative billionaires, but losing them isn’t even his biggest problem. It’s that he’s now outraged all the other conservative billionaires, the ones who collectively own just about every Republican in the Senate. If these donors tell the GOP to dump Trump, it’ll happen. Simple as that. If Trump’s stock market mistake keeps getting worse, they’ll do it sooner rather than later.

Dear Palmer Report readers, we all understand the difficult era we're heading into. Major media outlets are caving to Trump already. Even the internet itself and publishing platforms may be at risk. But Palmer Report is nonetheless going to lead the fight. We're funding our 2025 operating expenses now, so we can keep publishing no matter what happens. I'm asking you to contribute if you can, because the stakes are just so high. You can donate here.