Showing posts with label paradise papers. Show all posts
Showing posts with label paradise papers. Show all posts

Tuesday, February 06, 2018

Oligarchy, emoluments, revelations and our path ahead

We'll get to more general and abstract considerations (my strength) in a minute. But first, in this week's fizzing news...

1) The Supreme Court's confirmation of a Pennsylvania ruling against gerrymandering is huge.  See more at bottom of this posting.

2) The infamous Nunes Memo proclaims that some FBI agents might have disliked the President, and therefore potential presidential crimes should not be investigated. (His House Oversight Committee seems determined to do no investigating of its own.) The assertion? That the wiretap that the FBI sought from the FISA court, covering former Trump aid Carter Page, was based on leads contained in the "Steele Dossier," compiled first at the behest of Trump's Republican rivals and then funded by Democrats.

Okay then. The FBI often gets wiretaps based on tips from mafiosi and from jailhouse snitches, but it's not allowed to follow up on leads supplied by... Democrats? Even by mainstream Republicans? 

The crux - mentioned by no pundits or dems - is that investigators and prosecutors - if they adhere to proper procedures - aren't required to be impartial! That's for judges. Investigators are supposed to want to get their man! Ken Starr & co. fizzed with volcanic hate for the Clintons, as did 24 years of GOP witch hunts that spent half a billions dollars (that's with a "B") coming up with almost nothing. But not for lack of eagerness!

Indeed, those eager-but-futile hunts proved (1) the Clintons (almost) utterly clean and (2) dems to be fools, when they helped end the post Watergate Special Prosecutor Law, that gave Starr vastly greater powers and insulation than Mueller has today.

Ending that law was the underlying-clever purpose of the Starr Circus, and the dems fell for it, proving again that the big-hearted, pro-science lugs are - well - 'challenged.' And so, we must now hold our breath, day by day, for when Two Scoops finally fires Mueller.

But Mueller is good. Watch. While Trump & co. fixate on the "Russia Thing," the main course simmers. Racketeering and money laundering. Which leads us to emoluments.  But first, let's set the stage...

== a mile-wide trail ==

My prediction from Earth (1989) and The Transparent Society (1997) -- long overdue, but inevitable -- is that we'd see the seamy underbelly of an oligarchy that's trying to topple our nation and civilization back into feudalism.  An under-rated appetizer was last year's info dump called the Paradise Papers, the latest in a series of leaks made public by the International Consortium of Investigative Journalists shedding light on the trillions of dollars that move through offshore tax havens. 

"The core of the leak, totaling more than 13.4 million documents, focuses on the Bermudan law firm Appleby, a 119-year old company that caters to blue chip corporations and very wealthy people. Appleby helps clients reduce their tax burden; obscure their ownership of assets like companies, private aircraft, real estate and yachts; and set up huge offshore trusts that in some cases hold billions of dollars.” 

This is going to take persistence and agility, And rigid dogma will not help.

One major danger of the right's current madness is that the left might over-react, returning to its own past insanities. The Evonomics site is where calm, rational, brilliant scholars & others reveal how cheaters have betrayed not just the poor and middle class, but also enterprise, innovation, genuine market economics, common sense, national self-interest and even Adam Smith! 

The articles and studies get better and better. (I've published a few there.) If your cousin is one of that vanishing breed - a residually sane Republican - take her to Evonomics and tell her: "Only you can save enterprise capitalism from its age-old foe. Not socialism so much, but feudalism."

Which brings me to my question. You’d have to be deaf and blind not to see the signs of a growing movement of American conservatives who are fed-up... not just with Bannon and Putin and their Trump, but with Rupert Murdoch and the insanity promulgated by Clear Channel Radio. Signs are all there - especially among the Mormons - that vigorous conversations are afoot. Could it be about holding a convention of Sane American Conservatives?

If co, then here's a parallel event - the Miracle of 1947. Hey, if the dems could do it, why not you guys?
 

Hence my question. Surely some of you have been approached by now? By people desperate to save American conservatism, before it is too late?

On the other hand, never underestimate the supreme power of obstinacy, combined with stupidity and cowardice. So far, none of the "white knights" of American conservatism as shown a glimmer of real courage. Moreover, if and when it is "President Pence," they will hurry to kowtow to a vastly worse madness that could kill us all.

== Emoluments ==

From another great site – the Hannah Arendt Center: “A number of legal historians have filed a brief in United States District Court in a case arguing that President Trump is in violation of the Foreign Emoluments Clause ("FEC") of the U.S. Constitution. That clause states that "no person holding any office of profit or trust under [the United States], shall, without the consent of the Congress, accept of any present, emolument, office, or title, of any kind whatever, from any king, prince, or foreign state." 

The Department of Justice, supporting President Trump, argues that "emolument" should be narrowly defined as "profit arising from office or employ." But historians argue that the emoluments clause was broadly imagined to protect against conflicts of interest and corruption.

"The framers adopted the Emoluments Clauses to advance core republican goals: to protect against corruption and the appearance of corruption;  to maintain a balance of state and federal power; and to avoid foreign entanglements with Europe.  The Emoluments Clauses were not a subject of great debate or disagreement in 1787 and 1788. The absence of controversy reflects a broad consensus against the dangers of political corruption. 

"Moreover, the extant voluminous records of debates, particularly those tied to the ratification of the Constitution by the states, demonstrate that in ordinary usage the word "emolument" had a broad range of meanings. It was not reducible to a simple fee or salary."

== Back to gerrymandering ==

There are many important aspects to the Pennsylvania gerrymandering ruling!

1) The refusal of the U.S. Supreme Court to over-rule or put a stay on this PA case was issued by Samuel Alito! Indicating that he and Chief Justice Roberts may at last be willing to admit and act against a villainous cheat-treason. They - and Anthony Kennedy - have the fate of our republic in their hands.

2) In Pennsylvania, the state GOP have declared they will not honor the ruling - passively confirmed by the Supreme Court - commanding they redraw district maps away from gerrymander cheating. The claim: that only an assertive ruling by federal court can make them. Of course they are delaying in order to then declare "too late for 2018!"

Only, there is an "impartial redistricting method" that can be performed rapidly, even within a single month. It's my "Minimal Overlap" approach that avoids almost every complaint about redistricting by commission. It can be done swiftly and almost automatically by computer, and the State Assembly will have zero cause for complaints, zero!

Anyway, it's too early to celebrate a defeat of villainous cheater-traitors. Justice Anthony Kennedy must survive! And Roberts and Alito need to prove they have awakened.... and finish this rescue of the American Republic.

Tuesday, December 12, 2017

The downside of political amnesia

By the time you read this, we'll all know the outcome from the Alabama Senate race. And either way, it is a cautionary tale about the perils of plunging into phase 8 of the American Civil War.

You’ve also heard about an effort by well-known political fraudster James O’Keefe and his organization Project Veritas to entrap the Washington Post newspaper into publishing a false story about Alabama Senate candidate Roy Moore, with the obvious intention of discrediting the well-documented allegations that Moore preyed on teenage girls when he was in his 30s. This Post writer - Paul Waldman - has a right to be angry… but also should take a stress pill.

“If you’re a Republican voter, I have some bad news for you. The people who lead the movement that supposedly represents your views — the politicians, the media figures, the activists — think you’re an idiot. In fact, they count on it…. This is much larger than O’Keefe or this one Senate race. It’s about a poison of exploitation and deceit that courses through the conservative movement. Some conservatives have tried to expunge this poison, without success. If anything, the scam has gotten even more pervasive and influential.”

Okay, take a breath, big fellah.  Pace yourself. In fact, I have nothing against baited tests of integrity being applied to all sorts of professions.  But they should be evenhanded and citizens should note when it snares members of their own party.  Not much chance of that, alas.

Anyway, you didn't expect the goal posts to shift, yet again?  Used to be that divorce was a sure killer for any Republican candidate. Then came Reagan and suddenly third or even fourth marriages are dismissed with a shrug. Vices like gambling become normalized, when casino lords make up a large part of your party's donor base. 

The goal post shifts regarding Climate Change have been epic! (First: "Glaciers are spreading!" Then: "There's been no warming for 20 years!" Then: "Okay it's getting plenty hotter but... but it's the sun! Yeah, that's the ticket!" Then: "Who cares about doomed Florida, if I can buy melting tundra in the Yukon!")

So calm down. Normalizing pedophiles and sexual predators is only part of the "normal" pattern.

== Don't be distracted from the core matter -- war ==

Everything I predicted about the looming Iran-U.S. “Potemkin war” is coming true, as anti-democratic forces converge on the same scenario. See: Iran’s hard-liners use Trump’s rhetoric to target rivals at home. "Escalating tensions with the United States have stirred nationalist sentiment in Iran, giving its hard-liners an opportunity to more fiercely target critics and settle old scores, rights advocates and analysts say."

Exactly as predicted. This run-up to war is a choreographed dance..

== The Soros Amnesia Effect ==

Google partnered with an organization largely funded by billionaire George Soros to “fact-check” news stories, a move that could affect search results for certain news agencies. The new group’s code of principles requires news agencies to obey five commitments to ensure news agencies remain honest, transparent and nonpartisan. 

And yes, there are denunciations that Soros - called by some “the Great Meddler - is using this excuse to gain propaganda advantage, as slyly implied in this article. (Only, note the source! RT, the official Kremlin mouthpiece.)

“Soros was recently criticised for transferring nearly $18 billion to his Open Society Foundations, making it the second largest charity in the US after the Bill and Melinda Gates’ Foundation. The charity has been accused of inciting so-called “color revolutions” to install governments friendly to the US.”

Ah Soros.  All across the right-o-sphere, from Glen Beck and Fox to Alex Jones and Breitbart, George Soros is declaimed, often as Enemy #1. In their ravings about him, they illustrate the “true lie” technique. When a fellow is rich and strong enough to sue, you attack with half-truths

Glen Beck led the way, shouting "George Soros is so powerful he toppled EIGHT FOREIGN GOVERNMENTS!!!!"

Now, I’ll surprise you by agreeing with Beck. This lie is based on a true statement. George Soros did in fact help to topple eight foreign governments! But does it occur to any of the Beck-Breitbart-Fox watchers to ask their hypnotizers to name those foreign regimes that George Soros helped to topple? 

Is it a sign of the quality of this audience that no one asked or considered it pertinent? None of the alt-right blogs, not Fox, no one at all… and sadly, no one on the left or in mainstream media bothered, either. No one asked for the list of foreign governments that George Soros “toppled.” Why? Was it simple, dullard incuriosity? 

Can you name them? It seems a simple enough question. I ask it in perfect friendliness. There’s a hint, even in the recent RT article. And it shows that - yes - George Soros has been a master meddler!  But he has always been on our side. 

And those denouncing him are not. 


== Oh the “Uranium” thing… subsidized by guess who? ==

One outcome of the Paradise Papers imbroglio: Offshore cash helped fund Steve Bannon's attacks on Hillary Clinton, especially channeled in secret from Robert Mercer.

Oh, when your crazy Uncle screeches about “selling all our Uranium to Russia," ask him to state clearly what supposedly happened? And then put money on it in a wager! Over whether: 

(1) whether Hillary Clinton had anything to do with the decision (she didn’t),

(2) whether the Russians got any Uranium (they didn’t; a Russian company bought a Canadian mining company that owns land where maybe 20% of U.S. reserves might (estimates) lie deeply buried),

(3) whether she was bribed (show one scrap of evidence. Nine U.S. agencies and half a dozen Canadian ones signed off on the purchase; were all of them bribed?)

(4) This 'uranium sale' (that actually sold no uranium) helps to “arm” Russia? Hmm…. Maybe over a decade or more. But when the Soviet Union collapsed, Yeltsin sold us almost all of their loose Plutonium…. hundreds of bombs’ worth, and already refined. So I guess the screams were louder, over there.

In a more general sense, you folks have been denouncing the Clintons for 25 years. In just taxpayer funded investigations (not counting right wing private eyes) the cost has neared half a billion dollars of our money. For much of that time, the GOP owned every single branch of government , ordering vast resources to seek even a single Clintonian "smoking gun." And to date, what's proved, or even indictable?

Nada, zip. This doesn't utterly prove the Clintons totally innocent!  (Though let's see you survive that kind of 25 year dissection, hm?) 

What it does prove is that the entire GOP political caste is so incompetent they shouldn't be trusted with a burnt match. Seriously. You can't nail the "worst humans alive" after 25 years spent prying into every single file or pimple or pore? A cynic might suggest you guys are siding with Idiocracy. 


== Bait n' switch ==

Paul Ryan announces a 4th tax bracket for "the rich," and thus hopes to distract from the core goals of theTax Bill. 

- to end the Alternative Minimum Tax (AMT) that assures the uber-wealthy pay at least something into the civilization that defends them.

- to end the Inheritance Tax. While you pay state and federal on the income you sweated for, some brat scion-heir will get billions tax free, because you weren't paying attention. The Inheritance Tax is by-far the fairest tax, helping to prevent a return to 6000 years of feudalism. And it need never be paid! Just leave your kids the exempt $10 million and assign the rest to a charitable foundation of your own choosing, to sing your generous name down the ages!

- the slashed corporate tax rate won't be spent much on productive capacity or jobs or R&D. These weren't incentivized and profitable companies were already spending their cash on stock buy-backs. (Which the Greatest Generation wisely made illegal.) This will let the 5000 member of the CEO caste fulfill their golden option plans while buying oligarch-owned stock at top prices, just before a recession. It is the part of the bill that has the aristocracy drooling.

This is the attempted oligarchic coup in its rawest form. Note that it is not the self-made, genius inventor tech-billionaires or makers or producers who are fighting for this. Most of them are democrats! (Or libertarians: another story.) 

No, it's the stupid ones - resource extractors who buy sweetheart deals through political influence, K Street "swamp" lobbyists, Wall Street parasite cheaters, lordly heirs, foreign sheiks and Cayman moguls - who actually manage to convince themselves that something like this will stand for long, before Americans eventually turn to one kind of revolution -- the moderate, rooseveltean variety preferred by the Greatest Generation -- or else another, less-moderate kind. 

Look up the word "tumbrels." See my earlier posting: Class War and the Lessons of History.


== Some conservatives can see what's in front of their faces ==

On his newsletter - Thoughts from the Frontine - John Mauldin struggles to maintain a nearly extinct species – the sane American conservative. And that means accepting facts, now and then, as illustrated by the following chart from John’s friend, billionaire Ray Dalio, one of the smart moguls who recognize that revolution is coming, and wants it to be one of those mild ones.


The red line is the share of US wealth owned by the bottom 90% of the population, and the green line is the share held by the top 0.1%. Right now they are about the same – the top 0.1% owns as much as the bottom 90% -- but notice the trend. The wealthiest 0.1% has been increasing its share of wealth since the 1980s, or the dawn of Supply Side “economics” -- while the bottom 90% has been losing ground. 

Says Mauldin:Looking back, we see a similar pattern in the 1920s – which dramatically reversed in the following decade. Then there was an almost 50-year period during which the masses gained wealth and the wealthy lost ground. This doesn’t mean the 0.1% ceased being wealthy. It just means they owned a smaller portion of the total wealth. An economy in which 0.1% of the people own 10% of the wealth is still skewed, just less so.”

Yes, and I hope we can do as well as the Greatest Generation -- when America proved its 'greatness' -- and when the most adored American was the fellow who saved the republic from a communist revolution and put us on the road to prosperity, might and success. You know who.


== The real war, made utterly explicit! ==

Never has the war on all fact-users been more explicit than conveyed by the Core Loon himself, Rush Limbaugh. 

On Fox, they’ll whinge:

we aren’t anti-science! We’re just urging you to assume scientists (and all other fact-professions) are all mealy-mouth, conformist-corrupt liars. We know and love science better than scientists!” 

Hypocrites. 

But Rush is blatant and in the open, See the image he originated, that’s circulating the web like mad. Hatred of all fact-using professions is now the main Confederate article of faith.
From Thomas Paine "To argue with a man who has renounced the use and authority of reason, and whose philosophy consists in holding humanity in contempt, is like administering medicine to the dead, or endeavoring to convert an atheist by scripture."

Wednesday, November 22, 2017

Taxation and failed strategies. And how sane conservatives could pull this off.

Jennifer Rubin has long been one of the conservative columnists who spoke up for a politics of adult negotiation. Yes, she made excuses - sometimes infuriating ones - for the Bush-Boehner era.  But she is capable of seeing what’s happened to the American Right, and she's among the first to call upon the remaining adults in US conservatism to stand up. To avow that there is something worth saving in the movement - a voice and perspective we badly need in the national conversation. But that 'something' will not be saved in, or by, the Republican Party.

“The GOP, I think, is kaput. The real question is what sprouts up to fill some of that space, the ground occupied by those who favor reform conservatism; responsible internationalism; free trade and sensible immigration; tolerance and the rule of law; and market economics with an ample safety net. I don’t have the answer. I only know it cannot be the GOP.”

Alas, any move to revive adult conservatism will draw fury from the Murdoch Clan and Fox News… and behind them Putin and the Saudis, the Mercers and Clear Channel radio shock jocks. DOminionist apocalypse-seekers and heck, the entire Confederacy.

Is this why Senators Flake and Corker announced they won’t run for re-election? To free themselves for this battle? Is the prospect daunting for Collins, Murkowski and anyone else pondering their political future? Plus all those on whom the Murdochs have blackmail goods?

Way back in 2008 I published a look into the past — “Can We Perform Another 'Miracle of 1947’?” — which told the story of a similar crisis, long ago, when it was the Democrats' turn to choose country and future over their dogmatic wing. 

Dear Jennifer Rubin, David Brooks, John McCain and all the rest of you out there who want desperately to save something of the soul (and effective usefulness) of American conservatism… may I recommend you have a look? 

Oh, but then the rest of you will see I published "the Miracle of 1947" way back in 2008 - and realize how long this day has been coming. This is now Phase 8 of the Civil War. And alas,  the rest of us are tired of waiting. 

== The taxation Imbroglio ==

Lowering corporate taxes will not benefit the broader economy: Nick Hanauer is one of the smart, tech billionaires who get it... that the restoration of feudalism will only lead to revolution. On the other hand investment in R&D and in infrastructure and middle class wages will spur economic growth. The Tax Bill might have been about those things, but instead they chose feudalism.

This article's deceitful interviewer ignores that: 
(1) Carter unleashed Volcker to cure the economy of stagflation and that got the economy rolling again, and 
(2) Reagan retreated from the 28% rate a year later, and 
(3) going back 70 years, only one tax cut (JFK’s) actually correlated with increased rates of growth. All others led to declines. 

A careful Bloomberg analysis of the Tax Bill shows that it will very likely slash Donald Trump's own taxes by 2/3 or more! The biggest reason is abolishment of the Alternative Minimum Tax (AMT), that ensures the rich pay at least something, when they have a year with huge income but also many gimmicks and dodges. 

Eliminating the AMT and the Inheritance Tax are the core goals desperately wanted by Republican donors, who arm-twist GOP congressmen to pass what their constituents already hate. (Which explains why Darrell Issa, the richest man in the House, is demurring while his fellow CA GOP Reps are caving in, even though the bill savages California.)

Consumers lose chance to sue banks in win for Wall Street. Um, this is “populism? Take the reversal of Net Neutrality and the gutting of the CFPB and the ending of restrictions on K Street lobbyists, and you get the truth about "draining the swamp."  They are draining their cesspits into our aquifer and expanding the swamp.

== And you’re surprised? ==

Dig it. Supply Side predictions of tax cuts erasing deficits have never come true. 

Not once, ever, even remotely.

But the “opposite happened” after every single tax cut for the rich -- no "growth" of Main Street, but instead inflated asset bubbles like stocks and the 2007 housing bubble, that always burst. But very little investment in productivity that “supply side” is supposed to stimulate. These patterns were known 250 years ago! Adam Smith rightly blamed asset bubbles on a bloated, rentier aristocracy.  Aristocrats who do not invest in productive capacity but in passive rent-seeking.

While you pay full rates on income earned by the sweat of your brow, passive income is taxed at ever-lower rates, every time the GOP takes power. Do read Adam Smith. He describes this - not socialism - as the disease that wrecks all competitive markets.

Fox anchors never explain why the top 1% pays the most taxes, despite their kinds of income being taxed at far lower rates than your hard-earned income. The reason is simple. They have all the money! 

== Our (ongoing) Civil War ==

Absolutely stunning: Trump's Chief of Staff John Kelly claims Civil War caused by "lack of compromise." In fact, Lincoln offered compromise after compromise. Southern leaders sent not one delegation to find out Lincoln's intentions. 


Yes, Thomas Jefferson's Declaration of Independence does assert that oaths of union can only be broken, but only as a last resort, after everything else has been tried.

As Ben Franklin and the Founders did try, sending repeated delegations to the King & Parliament. Royal refusal to compromise led to that breakup.

Note: Jeff Davis and his peers had sworn "undying and eternal allegiance" to the United States, repeatedly and continuously, until the very moment that an election went a way they didn't like, whereupon they blithely broke solemn oaths, because the secession documents declared refusal ever to even talk compromise over slavery. There's no better example of treason in any dictionary... 

...or there wasn't, till the GOP became a New Confederacy, selling America to Murdochs and the Kremlin.

Refusal to compromise? Choke-sputter. Republicans fired Newt Gingrich for daring to negotiate Welfare Reform and the Budget Act with Bill Clinton, in 1995. They made Dennis "friend to boys" Hastert the head of the whole GOP for 6 years, and his "Hastert Rule" consisted of the following rigid anti-compromise declaration: "No Republican is allowed ever to negotiate with a Democrat, ever, even in the national interest."

You dare to bring up... compromise???

"I would tell you that Robert E. Lee was an honorable man," Kelly said. "He was a man that gave up his country to fight for his state, which 150 years ago was more important than country. It was always loyalty to state first back in those days. Now it's different today. But the lack of an ability to compromise led to the Civil War, and men and women of good faith on both sides made their stand where their conscience had made them stand."

Bull. That is oft-claimed and utterly false. Jefferson Davis administered the oath to cadets at West Point many times, and to Congress! An oath only to the United States of America. Historians find almost no oaths to individual states. Robert E. Lee never swore one to Virginia, but he did many times to the USA.

I often say that the US Military Officer Corps is the third best-educated clade in American life, after professors and medical doctors, and it's generally (so to speak) true!  It's why that fact-centered community is now under attack by the mad right as "deep state" enemies... along with all other fact-using professions.  I had vested real hope in this.  And in Kelly.

But the stunning degree of historical ignorance that he displayed was... disturbing.