“I think it [the U.S. economy] is very weak. Since the last time you and I spoke, we’ve had some horrible earnings at major retailers like Macy’s and Nordstrom’s, where sales have just really collapsed. That’s following bad numbers from The Gap, from Wal-Mart. If this is a recovery, why aren’t consumers shopping? If we really are creating all these jobs, why don’t the unemployed need to spruce up their wardrobes for their new jobs? I think the fact that spending is falling is a bad sign. [...] But I do believe if they do raise rates slightly, they’re going to try to cover their tracks by leaving the door open, by saying, look, we just raised rates, but we can go either way with the next move. We may hike, we may cut, depending on the data.”

“In his heart of hearts, Bernie Sanders is a socialist. He doesn’t believe in the free enterprise system. He doesn’t believe in capitalism. Look at anything he used to write or stand for before he ran for president. He does not believe in the principles that we fought the American Revolution on. He embraces the principles that they fought the Russian Revolution on. But, you know, there’s an argument to be made that maybe Sanders could actually help. By having Sanders as President, he’ll screw up the country so badly so quickly—and it’s already screwed up—that he might hasten a real revolution towards free markets, to abandon all this nonsense because all he wants to do is make the welfare state bigger. [...] The stuff he wants to do would bankrupt the country, bankrupt America, but the problem is we’re already bankrupt. So why not go all-in on socialism so we know how bad it is, so we can puke it all out and start over again. I really would like to see the collapse on a Democrat watch, especially one that embraces government [...] and if it happens under Bernie Sanders’ watch, we could really come out with something really good on the other side of the Sanders administration.”