Nego, amigo -- something's not a insult if it's the truth, no matter how it stings :-) In fact, it's kind of an insult to accuse him of insulting!
There's a 5% chance he's really gone real, and 95% he'll shaft us one way or another. The leopards can't change their spots, but could we the sheeple have reached a critical mass of disgust and outrage at the kleptocracy to the point it sees the gig is up? Could it be magic?