When it rains, it pours.
Six months after President Trump scored a landslide victory, mopping up all seven battlegrounds and scoring a popular vote victory despite the overwhelming numbers advantage that Democrats have in the Blue States, the once-proud party of Obama, Pelosi, Schumer, Hillary, Biden, and Harris is paralyzed.
No leader has emerged to rally the Left. The only notable moment since Election Day 2024 was when New Jersey Senator Cory Booker entered the Guinness World Records for the longest continuous speech on the Senate floor in recorded history, eclipsing the previous record by South Carolina Senator Strom Thurmond by a good 47 minutes. Booker can rest assured that his record will stay undisturbed for another 65-plus years. (Thurmond accomplished the feat in 1957.)
The Democrats have themselves to blame for their current situation because they have consistently misinterpreted what the voters wanted.
Obama genuinely thought that the voters embraced change enough to elect the nation's first Black president. He won the nomination by focusing on winning delegates, not just states. The hubris of his impending presidency was evident when he declared, "We've been the change we've been waiting for." Obama targeted caucus states (which often have lower turnout and are easier to influence with strong grassroots organizing), allowing him to accumulate delegates even in smaller contests.
Had Hillary Clinton won the Democratic nomination in 2008, she would have won the presidency easily and made history. Any Democrat would have won in 2008 after the way George W. Bush squandered his second term by digging deeper and deeper into nation-building in Iraq and Afghanistan and taking his eyes off the brewing financial crisis brought about by subprime loans.
What Obama did after he was sworn in was entirely inappropriate. He overreached spectacularly in response to the world’s reaction. With his professorial tone, Obama was liked more by the fawning media and the elites than the voters in the heartland. The Nobel Foundation awarded him a Peace Prize, although war, strife, and conflict rose during his tenure with Benghazi, the Arab Spring, the birth of ISIS, and the fracturing of the Middle East.
Obama ignored the bad news and focused on his perceived popularity. He forced Obamacare down our throats and made strategic appointments to the Federal Reserve Bank to help him cope with a downward-spiraling economy. Unemployment had reached 10% in October 2009 and stayed high for the next year, only dropping to 9.4% in October 2010. He then nominated Janet Yellen to become the Vice Chair of the Federal Reserve, knowing that Yellen supported Quantitative Easing, a disastrous Easy Money policy when the Fed pumped nearly $6 trillion into the global economy from thin air. The Fed's first QE decision was in November 2010, one month after Yellen joined the Fed.
The American people were so disgusted with Obama's first term that if the GOP had nominated someone else in 2012 instead of the RINO Mitt Romney, Obama would have lost. How do we know? For a candidate who couldn't stop talking about himself and had overwhelmingly positive coverage in the media, Obama won four million fewer votes in 2012, with his margin of victory dropping from 52.93% in 2008 to 51.1% in 2012.
Still, the Democrats never seem to learn. For them, identity politics and group thinking are far more consequential than individual ability. Obama nominated Yellen as the first female Fed Chair in 2014, despite her mixed record and a backdrop of ballooning deficits and artificially suppressed interest rates from QE. When Biden won the presidency, he appointed Yellen as his Treasury Secretary. Last December, we wrote an editorial about how Yellen helped destroy the American economy.
Identity politics - first Black man to do this, first Hispanic woman to do that - are at the heart of all Democratic administrations. Eric Holder, the nation's first Black Attorney General, placed race (remember when Holder called America a nation of cowards?) and his loyalty towards Obama higher than his responsibility to be an independent leader at Justice. The Left is fond of complaining that Trump has politicized the DOJ. Still, the credit for that should go to Obama and then Biden, who, with Merrick Garland, engaged in unprecedented lawfare against Trump.
Biden, in particular, went overboard on DEI. His VP was Kamala Harris, the first woman of Black and South Asian descent to be elected to the second highest office in the country. Yellen was the first woman Secretary of the Treasury, and Lloyd Austin was the First Black Secretary of Defense. The Secretary of the Interior, Deb Haaland, was the First Native American Cabinet secretary. The Secretary of Health and Human Services: Xavier Becerra was the First Latino in this role. The Secretary of Transportation: Pete Buttigieg was the first openly gay Cabinet secretary. The Secretary of Homeland Security: Alejandro Mayorkas was the First Latino and immigrant in this role. The Chair of the Council of Economic Advisers: Cecilia Rouse was the First Black woman in this position. The Director of the Office of Management and Budget: Shalanda Young was the First woman of color in this role.
What was the result of such a diverse set of government leaders? Under President Biden, inflation and interest rates skyrocketed to the highest in 45 years, and federal deficits ballooned. The federal debt is now so large that servicing it as a line item is costing the taxpayer more than $1 trillion, larger than the DOD budget. For the over $200 billion committed to foreign wars, Ukraine continues to lose. More than 19 million illegal aliens invaded America. Homelessness continues to rise. The transportation infrastructure resembles that of a third-world country. America lost its dominant oil-exporter status. Yet, Biden did not fire one appointee.
The Democrats also engaged in large-scale cheating, hiding Biden's senility from public view, denying a vigorous primary campaign to challengers like Dean Phillips, and doing a last-minute bait-and-switch operation, replacing Biden at the last minute with the nation's first Black and South Asian vice president on the presidential ballot. We still don’t know who ran the White House while Biden occupied the Oval Office.
Voters don't like to be cheated, and they don't like it when DEI policies bring a nation to its knees. Hence, they punished the Democrats. Unless they forensically examine the root causes of their defeat and improve their very structure, the Democrats will likely stay in the abyss.
The disarray and trauma are palpable as an ambitious AOC crisscrosses the country angling for the presidency, with Bernie Sanders tagging along as ideological ballast. In a recent poll, she led with 26 percent as the face of the Democratic Party. It’s yet another sign that Democrats failed to learn the most obvious lesson of 2024: America rejected toxic wokeism.
Even before the ink dries on this editorial, Rahm Emanuel, former Obama chief of staff and Chicago mayor, called the Democratic brand “weak and woke,” even “toxic,” as reported by The Wall Street Journal. America deserves a party that is strong, sane, and sound. Take that to the bank.
TIPP Market Brief – May 27, 2025
Your Morning Snapshot
📊 Market Snapshot
- S&P 500: ▼ 5,802.82 (0.67% )
- 10-Year Yield: ▼ 4.509%, (4.4 basis points)
- Crude Oil (WTI): ▲ $61.76 (0.92%)
- Bitcoin (BTC): ▲ $109,828.17
- US Dollar Index (USD): ▲ 99.33 (0.38%)
- Gold: ▲ $3,358.00 (1.76%)
Bigger Charts: $SPX | $TNX | $WTIC | $BTCUSD | $USD | $GOLD
📈 Featured Stock
Our pick for today’s featured stock
📰 News & Headlines
Here's Why You Should Add Hims & Hers Stock to Your Portfolio Now—Zacks Equity Research
Hims & Hers Stock Chart Points to Strong Bullish Continuation—Thomas Hughes, MarketBeat
⭐Recent Featured Stocks
Roblox Corp (RBLX) (5/23)
Rubrik, Inc. (RBRK) (5/22)
Oddity Tech Ltd. (ODD) (5/21)
Sezzle Inc (SEZL) (5/20)
Groupon, Inc. (GRPN) (5/19)
Duolingo, Inc. (DUOL) (5/16)
Deutsche Bank (DB) (5/15)
Howmet Aerospace, Inc.(HWM) (5/14)
Okta, Inc.(OKTA) (5/13)
Root, Inc.(ROOT) (5/12)
Sea Limited (SE) (5/9)
Philip Morris (PM) (5/8)
Comstock Resources (CRK) (5/7)
More here
🧠 Macro Insight
- Futures jump after Trump delays EU tariffs, calming fears of a June trade war.
- Nvidia (NVDA) plans new AI chip for China with weaker specs to skirt U.S. export curbs.
- Tesla (TSLA) sales collapse 49% in Europe, hit by competition and political backlash.
- Bitcoin (BTC-USD) dips from record high as Bitcoin 2025 conference kicks off in Vegas.
- Oil steady as markets await supply signals from this week’s OPEC+ meeting.
📅 Key Events Today
Tuesday, May 27
● 08:30 AM ET – Durable Goods Orders (Apr)
Monthly read on U.S. business investment and manufacturing demand.
● 10:00 AM ET – CB Consumer Confidence (May)
Measures consumer sentiment on current conditions and future expectations.
