mykeystrokes.com

"Do or Do not. There is no try."

“I Can Relate It Really Very Much To Myself”: Asked About Race, Donald Trump Gives The Wrong Answer

Given recent violence in Texas, Minnesota, and Louisiana, race is very much on the minds of many Americans, including Donald Trump. The presumptive Republican presidential nominee sat down with Fox News’ Bill O’Reilly last night, where Trump was able to explain why he believes he can relate to African Americans.

O’REILLY: There [are] still some black Americans who believe that the system is biased against them. The American system because they’re black, they don’t get the same kind of shot, they don’t get the same kind of fairness that whites do. What do you say to them?

TRUMP: Well, I have been saying even against me the system is rigged when I ran as a, you know, for president, I mean, I could see what was going on with the system and the system is rigged.

When the host told the candidate this sentiment probably won’t lift anyone’s spirits, Trump responded, “No, what I’m saying is they are not necessarily wrong. I mean, there are certain people where unfortunately that comes into play. I’m not saying that. And I can relate it really very much to myself.”

Asked if he believes he can understand the African-American experience, Trump added, “You can’t truly understand what’s going on unless you are African-American. I would like to say yes, however.”

You’ve got to be kidding me.

First, let’s quickly note that the GOP’s presidential nominating process was not, in reality, “rigged” against the candidate who prevailed. Trump didn’t understand how states chose delegates to the national convention, but that doesn’t mean the system itself was manipulated unfairly.

Second, for Trump to believe his experiences winning the Republican nomination helps him “relate” to African Americans is so painfully bizarre, it would do real and lasting harm to a normal presidential candidate.

But even if we put this aside, one of the most striking things about Trump’s perceptions of current events is his narcissistic myopia. For Trump, the importance of the mass-shooting in Orlando is something he once said on Twitter. For Trump, the importance of Brexit is how it might affect his golf course. For Trump, the importance of African-American alienation is how similar it is to his treatment during the GOP primaries.

Ask Trump about almost any issue, and he’s likely to respond with a sentiment that boils down to, “That reminds me of me.”

To put it mildly, it’s an alarming personality trait.

 

By: Steve Benen, The Maddow Blog, July 13, 2016

July 13, 2016 Posted by | African Americans, Donald Trump, Racism | , , , , , | 1 Comment

“Already Waist-Deep In Stench”: The Most Corrupt Candidate Ever Is Donald Trump

Before his message was overshadowed by a scandal about his use of a white-supremacist image — a mistake that could happen to any candidate, really, so long as that candidate had inspired a massive following among neo-Nazis — Donald Trump was trying to make a point about Hillary Clinton’s corruption. She is the “most corrupt candidate ever,” he claims. Corruption is indeed a plausible line of attack against Clinton — or, at least, it would be, if the opposing candidate was anybody other than Donald Trump, who may actually be the most corrupt presidential candidate ever.

It should be conceded that the evidence against Clinton is fairly damning. After Bill Clinton left the presidency, the former First Couple intermingled career and personal interests in ways that, at minimum, exposed them to a high risk of contamination. The Clinton Foundation was not only a charitable endeavor but a vehicle for Bill Clinton to enjoy the comforts and exercise the quasi-official power of an active figure on the world stage. Donors to the foundation included many of the same businesses and individuals who paid the Clintons for private speeches, and who had an interest in cultivating close ties with a secretary of State and potential future president. Some of those figures had business interests that aligned with Russian strategic goals rather than American ones. The Clintons failed to promptly disclose all of their foundation donors and, on at least one occasion, appointed an apparently unqualified donor to a State Department board.

The evidence of Clinton corruption is circumstantial rather than direct. If they wanted to stay above reproach, they could have rigorously disclosed every dollar that passed through their personal and professional accounts, and made it plain that neither donating to their foundation nor hiring them for speeches would purchase any special treatment whatsoever — indeed, they bent over backward to demonstrate that they could not be bought. Instead, they profited from the ambiguity.

The case against Hillary Clinton is that her administration might be corrupted around the margins — in its minor appointments or pardons and in the relative ease in which some donors get their calls returned — but that the basic contours of her administration would be a continuation of the non-corrupt center-left program of the Obama administration. The case against Trump is qualitatively different. Trump is flamboyantly corrupt in ways that run to the very core of his identity and prospective governing choices.

This is all the more remarkable given that Trump’s complete lack of experience in public office ought to provide him with the opportunity, which most novice candidates have, for a clean-slate résumé. Instead, he is already waist-deep in stench. Trump has not merely intermingled campaigning with his business interests; the two are one and the same. His entire political career seems to be an outgrowth of his efforts to build his personal brand, which Trump has endlessly used the campaign as a platform to promote. He has devoted speeches to attacking the judge in the fraud suit against his “university,” instructed surrogates to do the same, and promised to relaunch the enterprise if elected. He celebrated the Brexit vote, which drove down the value of the pound, as helpful for driving visitors to his Scottish golf course. This sort of behavior is not an appearance of a conflict of interest but the definition of one.

Trump appears to be genuinely unaware, even at the conceptual level, that his business interests might complicate his ability to govern in the public interest. During the primary, when a debate moderator asked if he would put his holdings in a blind trust, Trump comically replied that he would, while defining a “blind trust” to mean his children would run his business for him, which is the opposite of a blind trust. Even if Trump wanted to distance himself from his business interests, the nature of his holdings would make it virtually impossible, as The Wall Street Journal explains today. A traditionally rich person could place their wealth in third-party hands without knowing what they were invested in; Trump’s business is his personal brand, making divestment impossible. “Trump’s empire would pose unprecedented conflicts of interest due to the size of its holdings, privately held nature of the family-run business, and concentration in one industry,” Richard Painter, the Bush administration’s ethics lawyer, tells the Journal.

Trump’s entire business career reeks, beginning with his early associations with organized crime and proceeding through a career of swindling. “No other candidate for the White House this year has anything close to Trump’s record of repeated social and business dealings with mobsters, swindlers, and other crooks,” reports David Cay Johnston. Trump is not merely comfortable doing business with criminals and thugs — his habits of manipulating bankruptcy laws and swindling his partners have left him reliant upon, let us say, unconventional sources of investment, many of whom are the scum of the Earth. Franklin Foer lays out impressive circumstantial evidence that Trump may well be a puppet of Vladimir Putin, with whom Trump shares a web of financial ties that help explain their shared worldview. Whatever we might think of Clinton, we can be confident she is not controlled by the Kremlin. And the failures of disclosure or record-keeping in her operations pale beside Trump’s defiant refusal to disclose his tax returns.

It is altogether fair to condemn Clinton as a corrupt practitioner of the Washington cash-for-access culture. She and her husband are careless, susceptible to greed — normal politicians, in other words. Trump is the figure whose corruption stands out on a historic scale, and the notion that disdain for corruption would supply a rationale to elect him is nothing short of bizarre.

 

By: Jonathan Chait, Daily Intelligencer, New York Magazine, July 5, 2016

July 7, 2016 Posted by | Donald Trump, Hillary Clinton, Organized Crime | , , , , , , , | Leave a comment

“Too Much Capital In Too Few Hands”: Populist Backlash Will Keep Increasing As Inequality Continues To Rise

Listen to a typical center-left Democrat, and you’ll hear rosy things about the economy. GDP growth is solid, unemployment is low, and even wages are starting to rise. The Clinton campaign and the Democratic Party generally will be touting these achievements even as they focus on issues of structural racism and sexism while offering government support in areas like childcare.

But there’s a big problem: overall, inequality is still rising at an astonishing rate to unprecedented levels:

Financial inequality became even wider in the United States last year, with average income for the top 1% of households surging 7.7% to $1.36 million.

Income for the richest sliver rose twice as fast as it did for the remaining 99% of households, according to an updated analysis of tax data by Emmanuel Saez, an economics professor at the University of California, Berkeley.

It’s true that the 99% is doing better than it has since the 1990s, but the gains are relatively modest. Furthermore, basic cost of living has gone way up, particularly in the areas of tuition and housing. Housing in particular is a major problem driven by inequality itself: with accumulation of capital comes the need for places to store it, and real estate is a popular piggybank for wealthy investors. This in turn drives up the cost of housing, making it more difficult to afford housing in the urban areas where most jobs are located.

The bigger problem is that America already tried the 1990s approach to prosperity, assuming that rising inequality isn’t a problem as long as everyone is doing OK. What does it matter if the rich are getting much much richer, if the fortunes of the poor and the middle class are also improving even if at a slower rate?

The answer is that it’s unsustainable in both the short and long term. Over the long term high rates of inequality shrink the middle class and increase political instability. In the short term, too much capital in too few hands leads to speculative bubbles, that in turn lead to big recessions. Recessions tend to wipe out the wealth of the middle class in a much more devastating way than that of the wealthy who have more ways to protect their money. More importantly, the wealthy recover their position much more quickly as asset values balloon back, but the jobs that sustain the middle class and the poor return more slowly–often at permanently lower wage levels when adjusted for inflation.

Automation and globalization are likely to inexorably drive the trend toward rampant inequality, exacerbated by tax policy designed to protect the wealthy and overgrown financial sector. Merely tackling structural racist and sexist inequalities will do good in their own ways for women and minorities, but they will do little to address the overall problem. Targeted government programs to help citizens with childcare and other needs will help somewhat but won’t do much to fix what’s fundamentally wrong.

Only much more aggressive policies that give workers a greater say in how companies are run to “pre-distribute” wealth, as well as much more progressive graduated tax policies that distribute uneven gains more equitably, will ultimately tilt the balance back toward the middle class where it belongs. Until then, expect to see increasingly virulent strains of populist backlash from both the right and the left until something changes. Incrementalism may be all that is possible politically, but it’s not an answer for the problems that beset us and give rise to anxious backlash. As long as inequality rises, Donald Trump, Brexit and ISIS will be just the beginning of the world’s back-to-basics nativist woes.

People don’t just want the 99% to do better. As the 1% continues to outpace everyone else, a great many people in America and the world actively want the 1% to do worse. And it’s hard to blame them for that sentiment.

 

By: David Atkins, Political Animal Blog, The Washington Monthly, July 4, 2016

July 6, 2016 Posted by | Economic Inequality, Middle East, Populism, The 1% | , , , , , , , , | Leave a comment

“He’ll Magically Make Us All Filthy Rich”: Donald Trump Is Selling American Workers A Scam

Some of our wisest political observers informed us that Brexit would be great news for Donald Trump, because it shows (somehow) that there may be more support here than expected for his nationalist message of restoring American greatness through restrictionist immigration policies and turning the clock back on globalization.

So it’s a bit surprising to see that a new Bloomberg/Morning Consult poll shows that Brexit will not influence the votes of a majority of Americans, and if anything, may benefit Hillary Clinton marginally more than Trump:

A majority of U.S. voters — 57 percent — say they don’t expect the U.K. verdict will influence their vote in the presidential election. For the roughly quarter who say it will, almost half say it will make them more likely to support Democrat Hillary Clinton, while 35 percent say Republican Donald Trump.

This is only one poll, so don’t place too much stock in it, but I wanted to highlight it to make a broader point: There is simply no reason to assume that the debate over globalization, which Trump joined with a big speech on trade yesterday, will automatically play in the Donald’s favor. Indeed, Trump is running a massive scam on American workers on many fronts, and the contrast between his positions and those of Hillary Clinton on trade and other economic matters may prove more important in the end than his blustery rhetoric.

Neil Irwin has a good piece this morning on Trump’s big trade speech, in which he pledged to rip up our trade deals with his large and powerful hands and to bring manufacturing roaring back. As Irwin notes, Trump is right to highlight the very real possibility that trade deals have badly harmed American workers, and that elites have in many respects let those workers down. (Bernie Sanders, too, is rightly calling on Democrats to fully reckon with this phenomenon.) But as Irwin also notes, Trump is selling American workers a highly simplistic, anachronistic tale that doesn’t level with them about the likelihood of reversing trends in globalization and automation that are partly responsible for workers’ current plight.

I would add an important point: Clinton is offering these workers substantially more than Trump is. Clinton has also pledged to renegotiate trade deals and to oppose the Trans-Pacific Partnership. Whether or not you see that as opportunistic, Clinton has also outlined detailed plans for programs that would try to use tax credits and federal spending to make American workers and businesses more competitive in the global economy. I am not aware of any detailed plans from Trump to do this. Trump’s message is that through his manly prowess, he will kick the asses of other countries and parasitic illegal immigrants and make us all insanely rich again, not that he sees a specific, programmatic role for the federal government in boosting wages, promoting domestic manufacturing, and helping displaced workers.

While it’s true that Trump has promised to spend on infrastructure at home, Trump’s tax plan — which confers an enormous windfall on the rich — would result in a nearly $10 trillion decline in revenues over the next decade. In practice this likely means that, unlike Clinton, he would not try to get Congress to spend substantially on helping American workers. While Clinton has vowed to invest money in helping displaced coal miners, and to invest in clean energy, Trump vaguely promises to put all those coal miners back to work again, which isn’t going to happen. Meanwhile, Clinton supports raising the federal minimum wage to at least $12 per hour. But while Trump has vaguely said workers need higher wages, he has come out for eliminating the federal minimum. Again, all he’s really saying is that he’ll magically make us all so filthy rich that we won’t have to worry ourselves with difficult policy choices. The vow that mass deportations will make the American workforce great again is also a straight-up scam.

The choice is not necessarily between Trumpian turn-back-the-clock proctectionism and throw-workers-to-the-wolves free trade. Clinton is offering up detailed plans for spending and tax credits and economic regulations that would help workers amid large economic trends she believes can’t be reversed. There is no reason to presume that Trump’s simplistic tale will carry the day politically.

 

By: Greg Sargent, The Plum Line Blog, The Washington Post, June 29, 2016

June 30, 2016 Posted by | Donald Trump, Hillary Clinton, Workers | , , , , , , , , | Leave a comment

   

%d bloggers like this: