Gosh.

Someone must be threatening John, with Politburo style Siberian internal exile orders, and a one way train ticket… if he doesn’t step up the boot licking of Tangerine 2.0.

Hinderaker well-knows that the SEC was created by Congressional Act. He knows that for over 85 years, the POTUS has seen its ascendency ebb and flow — and no POTUS May constitutionally terminate Acts of Congress. It is self funding — the registration fees, from the deepest and most liquid capital markets on Earth allow it to RETURN billions of dollars to the general federal fisc, each year.

If Congress were to decide it wants to “draw back” on the Securities Act of 1933, it may do so. But Tangerine? He cannot.

Tangerine 2.0… is in a word, impotent, here.

John says Trump’s black sharpie ravings are… reasserting “democracy“. That is poppy-cock.

To the extent that they do anything, they are just one old, deranged narcissist’s impotent fever dreams — they amuse his vanity, exclusively. He dreams of the opposite of a democracy. He dreams… dictator dreams.

So just take a seat, you silly Hinderaker.

Out.