Bill Bonner on Biden’s State of the Union Speech 

An excerpt from the Feb. 8 issue of Bonner Private Research

“The tattered coat managed to stand up and deliver a long, pointless speech. It was another triumph of politics… over common sense. And a triumph for old age and treachery over youth and skill. His speech was vaguely about leading the country into a glorious future. But old men do not lead the way into the future. They get out of the way… tell tales… sing songs… and let the future happen. Not since Philippe Petain – a far abler leader – took over France in 1940 has an octogenarian been cast in such a leading role. We doubt the results will be any better.”