Showing posts with label banana republics. Show all posts
Showing posts with label banana republics. Show all posts

Wednesday, December 11, 2019

America Starts to Feel a Little More Soviet

NYC's St. George Ukrainian Catholic Church.
Many historians and columnists - as well as this blog - have lamented the drift of America towards an authoritarian regime where actions once expected only from dictatorships and the so-called banana republics of the past are now common place among the Trump/Pence regime and Republican sycophants. America's decline is being noticed abroad as well where other NATO leaders whisper about Trump - America's version of Kim Jong-un. It is also being noticed by those who immigrated to America seeking a better life and a political system that supposedly held to ideals embodied in the U.S. Constitution who now, as noted in a piece in The Atlantic, feel as if they are witnessing a Soviet/Putin form of corrupt authoritarian rule.   The world is watching to see if Congress steps up to defend America's supposed ideals by impeaching and removing Trump from office or if we are witnessing the first major step in the death of the American republic.  Here are excerpts from the Atlantic piece: 

Walk down a barely marked stairway into a basement in New York’s East Village on a Sunday morning, and you may find yourself in a hub of Ukrainian American life. Members of the vast Ukrainian diaspora regularly gather here, at a church-run restaurant called Streecha, trading the latest on Ukrainian politics over plates of pierogi and bowls of borscht. As formal impeachment hearings against President Donald Trump were finally getting under way recently, several of the patrons here told me that America had lately been feeling more like home—and not in a good way.
Diplomats and officials as prominent as Secretary of State Mike Pompeo have attempted to revive Ronald Reagan–style rhetoric about America’s role as the world’s foremost defender of liberty and freedom, including signaling support for Ukrainian self-determination. Meanwhile, [Trump] the president and his associates appear to be more invested in courting power and personal gain, from Trump’s cozy press conferences with Russian President Vladimir Putin to his attempt to get the Ukrainian government to investigate the family of former Vice President Joe Biden.
The Ukrainians I met here weren’t surprised by this Trumpian mode of politics, in part because it’s very similar to the status quo in the part of the world they come from. The impeachment inquiry is a test not just of Trump’s character, but of the country’s: Is a pitch for America’s exceptionalism still plausible, or is corruption the only true universal principle any government will ever embrace?
“I used to think that American politicians and politics is much more nice than Ukrainian,” Natalie, a short, chatty woman who gave her age as “in her 30s or 40s,” told me. “Come on. It’s even worse.” . . . . The United States government is just as corrupt as Ukraine’s, Natalie said, comparing political leaders here to squabbling seventh graders. This realization has been disappointing, she said, because she is an American by choice: She came to the U.S. a little less than a decade ago, after feeling pushed out of Ukraine by instability and lack of opportunity.
[Trump’s] The president’s personal lawyer Rudy Giuliani and his business associates have come under fire for trying to coordinate a Ukrainian investigation into the Bidens. And Trump, of course, is now the subject of an impeachment inquiry focused on his apparent attempt to pressure Ukrianian President Volodymyr Zelensky into a similar investigation.
As this unlikely series of events has unfolded, Trump and his allies have taken to casually demonizing Ukraine as suspicious and untrustworthy, calling back to Cold War–era stereotypes of Soviet spies and no-goodniks. Leaders ranging from Senator John Kennedy of Louisiana to [Trump] the president himself have promoted the false claim that Ukraine, not Russia, interfered in the 2016 U.S. presidential election. (Kennedy later walked back his statement.)
The portrait of his [Trump’s] behavior that has emerged in news reports and congressional testimony is one of using his office for personal gain: He sought to leverage military aid to a vulnerable ally in order to damage a major political opponent. This move had real consequences for Ukraine, where millions of people are currently living under Russian occupation in the eastern part of the country and soldiers fighting Russian troops are underarmed and strapped for resources. The message of his actions was clear, said Natalie, the woman I met at Streecha: “Trump has no idea where is Ukraine, what is Ukraine, and what’s going on in Ukraine.”
Iwan Kinal, a 35-year-old who grew up in New Jersey and wore a furry black Cossack hat as we stood outside St. George Ukrainian Catholic Church in the cold, told me he’s a lifelong Republican and even likes some of Trump’s policies. But he’s been disturbed to hear the president echo what he described as Russian propaganda about Crimea, Ukraine’s Black Sea peninsula, which Russia seized in 2014. “I’m disappointed in his treatment and his opinion of Ukraine from the start,” Kinal said of Trump.
As the impeachment inquiry and other investigations have revealed, Russian propaganda has in fact infiltrated American political discourse, sometimes at the very highest levels of government. Fiona Hill, who served for two years on Trump’s National Security Council, said during November’s impeachment hearings that members of the House Intelligence Committee itself were perpetrating “a fictional narrative” created by Russian security services that Russia did not, in fact, interfere in the 2016 U.S. presidential election, and that Ukraine may have done so instead. The truth has become subservient to political expediency, and the American government has become a little more similar to any other strongman regime.
Just as Ukraine has long been a football in Russia’s regional schemes, it has now become a Rorschach test in America’s partisan feuds, consequences be damned. “Ukrainian people have been dying for five years in that territory, and they still do,” said Natalie, referring to the Donbas region, where Ukraine is attempting to fight off a Russian incursion. But in America, all that seems to matter are politicians’ personal fortunes and the next domestic elections, reminiscent of so many strongman regimes. As people die in her home country, Natalie said, all of this “is just a game, unfortunately.”
An irony is that the church referenced in the article is where my father was baptized.  His parents fled Austria-Hungry shortly before WWI and settled in New York City.  My paternal grand parents fled a monarchy for political freedom.  Now, I find myself living in a country drifting towards Trump's self-styled monarchy if Congress fails to act and stop the cancer.

Monday, April 23, 2018

What Happened to Responsible Conservatives


Once upon a time conservatives and Republicans put country first and were advocates for science, knowledge and education.   They even believed in the social safety net.  Those days are gone and today's hideous version of the Republican Party and the foul occupant of the White House now seem hell bent to turn America into something resembling a banana republic from the 1950's.  One cannot help but wonder what the hell happened.  In my view, two things: (i) the Christofascist take over of the GOP base, and (ii) the GOP's embrace of white supremacy.  To the Christofascists, science, knowledge and good education are a threat since they run the risk of enlightening would be adherence to a toxic dogma that the entire Christofascist worldview is based on fantasy.  As for the embrace of racism, the party is now obsessed with an us versus them mindset where "winning" requires that others lose, both in terms of civil rights and whose is viewed as a"real American."  As a column in the Washington Post reminds us, things were not always like this:
The past several days underscore why not only political progressives but genuine moderates are at their wit’s end with the Republican Party and what passes for contemporary American conservatism.
If conservatism in the United States has claimed to stand for anything, it is the idea that government authority should be limited. Conservatives regularly argue (especially when Democrats are in the White House) that the executive’s clout should be checked and that legitimate law enforcement authorities deserve our respect, particularly when they are investigating abuses of power.

The behavior of House Republicans in demanding former FBI director James B. Comey’s memos about his conversations with President Trump, which were subsequently leaked to the media, shows a GOP that has abandoned all principle. It is willing to do whatever it takes to protect a president who has no regard for the truth, the law or established norms.

Any doubts that Republicanism and conservatism have given themselves over to one man, his whims and his survival were dispelled by the GOP’s use of the congressional oversight process to undermine a legitimate probe into a hostile power’s interference in our elections.

As it happens, the actual memos are embarrassing to Trump and support Comey’s veracity. And if the Republicans’ obstructionist triumvirate of Reps. Devin Nunes of California, Bob Goodlatte of Virginia and Trey Gowdy of South Carolina had hoped to prove that Comey leaked classified information, the memos reveal exactly the opposite.

It should be stunning that the chairs of the Intelligence, Judiciary and Oversight committees are more interested in doing Trump’s bidding than in figuring out how Vladimir Putin may have helped to elect our current president. It’s possible to imagine that, somewhere, Ronald Reagan is weeping.

The ongoing frustration of many of us who really did respect conservatism once upon a time is not just about the movement’s capitulation to Trump. It is also triggered by the supposedly substantive side of the news: The only thing Republicans in Congress know how to do now that their corporate tax cut has proved to be unpopular is — to propose more tax cuts. There is an emptiness where problem-solving conservatism used to be.

In the period when democracy planted deep roots in Western Europe and was thriving in the United States, conservative parties were led by figures such as Dwight Eisenhower in the United States, Harold Macmillan in Britain, Konrad Adenauerin West Germany and Charles de Gaulle in France.
Applying the insights of this more responsible version of conservatism to our time would lead us to seek the best approaches to the very discontents that helped put Trump in the White House in the first place — for example, growing inequalityA 2016 Congressional Research Service report found that income inequality has been increasing since 1970. And between 2000 and 2015, incomes actually went down for the bottom 60 percent of earners. There are many causes of division and resentment in our country, and this is surely one of them.

We need a politics where the democratic left and right compete over who can most effectively and efficiently excise this social cancer from our body politic. Such a debate could be both instructive and productive.

Alas, except for a small, honorable cadre of writers and think-tankers, the American right has taken itself out of the game. Our politics will remain broken as long as conservatism confines its energies to cutting taxes and defending a reckless president at all costs.

Friday, December 01, 2017

America, the Banana Republic


Perhaps I am dating myself, but I have lived at this point under 13 different occupants of the White House and never has there been such an embarrassment - indeed, threat to the nation, like the current occupant. Given polling results, it appears that a majority of the citizenry agrees with that assessment.  Seemingly, only evangelical Christians - who have glaringly displayed their moral bankruptcy - white supremacists, and greed driven vulture capitalist on Wall Street appear to continue to support the current occupant who daily displays his unfitness for office.  His Vice President who makes Sergeant Schultz from Hogan's Heroes look like a pillar of decisiveness and wisdom.  America has become a caricature of the banana republics once so derided during my lifetime.  Frighteningly, there is no clear sign post of how the national nightmare will end.  Even America's closest ally, the United Kingdom, with all of its own problems, does not want Trump to visit. A piece at Moyers.com looks at how low America has fallen.   Here are excerpts:


When people call Donald Trump an authoritarian, it almost gives him more credit
than he deserves.  You don’t think favorably of authoritarians; they are despicable. But you do think of them as monstrously large, grievously terrifying, as somehow taking the measure of the polity they control and drawing on its stature to puff themselves up, even as they destroy their nation’s moral core. Despots like Mussolini and Hitler epitomized evil on the grandest possible scale. To call them clowns would trivialize the unconscionable horrors they inflicted.

Trump is certainly an authoritarian, but he is more of a tinhorn dictator, a tiny, negligible man who, rather than inflating himself with the nation’s grandeur, has managed to deflate the nation with his own insipidness. Thanks to him, America is now a banana republic. It is no longer a country of soaring ideas and idealism, a beacon to the world, an example of freedom at home and a protector of freedom abroad, an anchor of sanity in a world often bouncing on the waves of madness.

Whatever her failings, America was once majestic. Now she is hopelessly diminish
-ed — a wealthier version of the corrupt nations in the developing world that we 
used to ridicule. And we owe it all to Donald Trump for making America small again.

The meme of America withering into a banana republic is not a new one. Some observers made the claim after the 2000 presidential election, when Republicans successfully wrested the presidency from Al Gore, just the way cabals do in those banana republics. 

In Vanity Fair, the late Christopher Hitchens was more expansive. He enumerated 
the many ways in which America, the last great hope of mankind, had become 
a banana republic — primarily the way the government was willing to bail out 
the oligarchs while letting the general public suffer.

Hitchens added that there is absolutely no accountability for the thieves. This all 
should sound very familiar this week, as Republicans retool the entire tax system 
to rob from the poor and middle classes and give to corporations and the 
wealthy. If that isn’t a banana republic, I don’t know what is.

But Krugman and Hitchens were writing before we had a bona fide banana republic dictator to rule our kleptocracy. And while America long has had the economic and social characteristics of a banana republic, it took Trump, who has the instincts and temperament of a gangster, to finish the transformation. There is no disguising it now. We are what we are.

Trump is the kleptocrat-in-chief. He not only appears to be using the presidency as his own personal ATM, now promoting a tax-cut scam by which he stands to gain tens of millions of dollars, he also has been petty enough to steer business to his hotels and hawked his “Make America Great Again” tchotchkes. Check.

Apparently not satisfied to have enriched himself at the public’s expense, Trump has brought unprecedented nepotism to the presidency in a way that only tinhorn dictators do, giving his family access to the public trough while placing his unqualified cronies in positions of power. In this administration, everyone may be on the take. Check.

Just about every Trump directive, from health care to the environment to so-called tax reform to trade policy, seems expressly designed to give benefits to a small coterie of the wealthiest Americans while the rest of the country goes to hell. . . . Sure sounds like a banana republic to me. Check.

Like other tinhorn dictators, Trump has no use for the essentials of democracy. 
He openly attacks a free press and has a house press of his own, Fox News, and soon, 
quite possibly, Time Inc.

[T]here are allegations that he may using the levers of government to punish his 
press opponents, using the Justice Department’s antitrust suit against the
proposed AT&T purchase of Time Warner to try to force the divestment of CNN.  
This, too, is unprecedented in an American democracy, but not in a banana republic. 

Trump has taken aim at the electoral process itself, not only claiming that his loss 
of the popular vote was a fraud, but empaneling a government commission whose 
sole purpose is thought to be the disenfranchisement of voters who might oppose 
him. This is pure banana republicanism and an affront to democracy. Check.

Banana republics are often agent states — that is, they operate at the behest of larger
states. In fact the phrase “banana republic” first was coined by the writer O. Henry 
back in 1904, to describe the dependence of Central American countries on American 
businesses like United Fruit, which ran plantations in those countries and exported 
bananas.

Now, America itself is one of those agent states, thanks to Trump’s troubling obeisance to Russia’s Vladimir Putin. Let’s not pretend otherwise just so we can save some face. There is no more face to save. American elections interfered with by Russia and a president intimidated by a Russian dictator? Check.

Tinhorn dictators do everything they can to dismantle a system of checks and 
balances. Trump has done everything in his power to do the same — from 
dismissing FBI Director James Comey, who was investigating Trump, 
intimidating the Justice Department and taking over the Consumer Financial 
Protection Bureau to…. well, you name it. Untrammeled power is his goal. Check.

In a banana republic, the dictator makes his own rules and lives by his 
own reality. Clearly, Trump thinks he is above the law, be it legal or moral. 
He boasts of it. He also is above fact. The latest example of the thousands 
of his presidency: According to The New York Times, he privately has 
declared that the Access Hollywood tape was not actually him! Banana 
republic time. Check.

Donald Trump has demeaned himself, but he has also demeaned the country
that was deranged enough to elect him. These characteristics speak to a corrupt
and desiccated nation, one that is staggering into oblivion.

The “alt-right” insist that until Trump, America was going the way of Rome — rotting from the inside. They are wrong. It is not decadence that is destroying America, but petulance. We are going not the way of Rome but the way of Guatemala or Zimbabwe or the Philippines — the way of banana republics. Thus does this once great nation tumble.
 
As for those who cite the fall of the Western Roman Empire as precedent, they miss two things (among others).  One of the precursor was that they system became so tilted in favor of the wealthy class, that average people simply ceased to see a benefit from living under the empire.  A second factor was the insidious rise of Christianity and its call to ignore fact and objective reason with its adherents withdrawing into a fantasy world that undermined the empire.  We see both of these elements growing under the Trump/Pence regime.

Wednesday, May 31, 2017

Is America Headed to Being a Middle East Style Autocracy?


Despite its many misdeeds throughout its history - inconvenient facts ignored by the political right wing - and missteps, America has largely been viewed as a defender of democracy and western values.  Not so much anymore with Der Trumpenführer in the White House.  Crude, obnoxious behavior is increasingly the norm flowing from the White House and decades of foreign relations building is being torn asunder  America's version of Odoacer who over threw the western Roman Empire.  All of this may play well for the moment among rural and red state Trump supporters, but the time will come when America needs the allies that Trump is alienating. The reckoning could be far worse than the ignorance embracing, xenophobic Trumpians imagine.  Indeed, an op-ed in the New York Times suggests that America is headed toward rule akin to that of a Middle East autocracy, aided by the complicity of what I refer to as the Vichy Republicans (Fox News viewers will need to look up the term Vichy).  Here are column highlights:
President Trump’s trip to Europe was truly historic.
He left our most important allies there so uncertain about America’s commitment to their security from Russia and to shared values on trade and climate change that German leader Angela Merkel was prompted to tell her countrymen that Europe’s days of relying on America are “over to a certain extent,” and therefore Germany and its European allies “really must take our fate into our own hands.”
No U.S. president before had ever put a crack in the Atlantic alliance on his inaugural tour. Historic.
“Who is America today?” is the first question I’ve been asked on each stop through New Zealand, Australia and South Korea. My answer: We’re not the U.S.A. anymore. We’re the new U.A.E.: the United American Emirate.
We have an emir. His name is Donald. We have a crown prince. His name is Jared. We have a crown princess. Her name is Ivanka. We have a consultative council (Congress) that rubber-stamps whatever the emir wants. And like any good monarchy, our ruling family sees no conflict of interest between its personal businesses and those of the state.
So any lingering Kennedyesque thoughts about us should be banished, I explained. Let every nation know, whether it wishes us well or ill, that we shall pay no price, bear no burden, meet no hardship, support no friend, oppose no foe to assure the success of liberty — unless we’re paid in advance. And we take cash, checks, gold, Visa, American Express, Bitcoin and memberships in Mar-a-Lago.
The Trump doctrine is very simple: There are just four threats in the world: terrorists who will kill us, immigrants who will rape us or take our jobs, importers and exporters who will take our industries — and North Korea. Threats to democracy, free trade, the environment and human rights are no longer on our menu. Therefore, no matter how unsavory you are as a foreign leader, you can be the United American Emirate’s best friend if you:
1.) Pay us by buying our weapons. . . .
2.) Pay us in higher defense spending for NATO — not to deter Russia, which is using cyberwarfare to disrupt every democratic election it can, but to deter “terrorism,” something that tanks and planes are useless against.3.) Pay us in trade concessions. And it doesn’t matter how lame those concessions are. All that matters is that Emir Trump can claim “concessions.”4.) Pay us by freeing any U.S. citizen you arrested on trumped-up charges to annoy Barack Obama and to intimidate human rights activists.5.) Pay us by grossly flattering our emir about how much of an improvement he is over Obama.6.) Be Russia, and you pay nothing.
[I]f you do any one of these six things the United American Emirate’s commitment to you — and it’s ironclad — is that you can do anything you want “out back.” You can deprive your people of whatever human rights you like out back. You can be as corrupt as you want out back. You can steal as many elections as you like out back. Just keep the arms purchases coming, the NATO dues rising, the phony trade concessions flowing and the compliments gushing — or be Vladimir Putin — and anything goes.
It took us decades to build the Atlantic alliance and it has brought us so many tangible and intangible benefits in the form of security, stability, growth and friendships. Trump could actually break it, not just crack it. 
I would add that like Middle Eastern autocrats, Trump similarly seems only too happy to allow religious extremists to work to trash the First Amendment and its guaranty of religious freedom for all, not just Christofascists.  America's image abroad is being destroyed. 

Tuesday, March 14, 2017

Trumpcare vs. Obamacare: Apocalypse Foretold


Not to beat a dead horse, but the CBO analysis of the impact of the GOP's "Trumpcare" proposal underscores the reality that today's GOP cares nothing about the majority of Americans.  Everything that the GOP does is aimed at one thing: tax cuts for the wealthy.  They claim to want to cut the deficit, but there's an easy solution to that issue: increase taxes on the obscenely wealthy.  Sadly, as long as the GOP controls the Congress and the White House, this will never happen. Worse yet, the GOP lead by Paul Ryan is out to gut Social Security and Medicare.  In short, the GOP goal is to destroy the social safety net and make wealth disparity even worse than it all ready is - the USA is now much like the banana republics of the 1950's where the masses will suffer while the wealthy live even more opulently.  A column in the New York Times looks at this reality that anyone sentient and not blinded by Fox News and other fake news sites should have seen coming.  The surprise is that anyone is surprised by the CBO's projections.  Here are column excerpts:
The Congressional Budget Office report on Trumpcare is out, and it’s devastating: 14 million people losing insurance in the first year, 24 million over time, with premiums soaring for older, lower-income Americans — in many cases, the very people who went strongly for President Trump. The C.B.O. thinks it would reduce the deficit, but only marginally, around $30 billion a year in a $19 trillion economy.
Let me offer one assertion and ask two questions.
The assertion is that something like this was to be expected. The C.B.O. came in even worse on coverage than most predicted, but it was obvious that the news would be terrible because that’s what the logic of the situation told us. Obamacare imposes a mandate to induce healthy people to sign up, offers means-tested subsidies to make insurance affordable and expands Medicaid to take care of people with really low incomes. Trumpcare eliminates the mandate, slashes subsidies overall and redirects them to those who don’t need them and sharply cuts Medicaid. Of course that leads to a huge drop in coverage.
Republican claims that they could do much better even while slashing funding so they could cut taxes on the rich were always obvious nonsense.
Now my questions: First, can this legislation still go through? I have learned never to underestimate the cravenness of Republican “moderates,” who may posture to the center but almost always cave to the hard right when it matters. But even so, it’s hard to imagine this act of cruelty getting 50 senators.
Second, what were Republican leaders thinking? Something like this C.B.O. score was a foregone conclusion; would it really have mattered much if it were 15 million losing insurance, not 24 million? How was this supposed to work out politically?
Again, I wouldn’t count out the possibility that this law will be rammed through regardless, with budget analyses relegated to the category of fake news. Democrats might even want to hope that this happens, so that there is no question about who to blame if insurance collapses. But the lemming-like way Republicans rushed into this disaster is still amazing.

Monday, January 02, 2017

America Now Resembles a Central Asian "Republic"


In lest than three weeks America's government will resemble something out of Central Asia - a nation ruled by a self absorbed strongman and a  circle of cronies.  Stated another way, our government and ruling class will so resemble a Central American banana republic out of the 1950's.  And 46% of Americans allowed this to happen by staying home out of laziness and irresponsible behavior and allowing less than 27% of voters to vote a would be strongman/dictator into office.  They were assisted, of course by the former head of the Russian KGB, the FBI's James Comey - who deserves to be view by history akin to Benedict Arnold, and a lazy and  stupid mainstream media.  We allowed this to happen and now, frighteningly, it looks like many are ready to sit back and do nothing to oppose the nightmare.  A column in the New York Times laments what has happened and the corruption and misrule likely to begin on January 20th.  Here are highlights:
In 2015 the city of Ashgabat, the capital of Turkmenistan, was graced with a new public monument: a giant gold-plated sculpture portraying the country’s president on horseback. This may strike you as a bit excessive. But cults of personality are actually the norm in the “stans,” the Central Asian countries that emerged after the fall of the Soviet Union, all of which are ruled by strongmen who surround themselves with tiny cliques of wealthy crony capitalists.
Americans used to find the antics of these regimes, with their tinpot dictators, funny. But who’s laughing now?
We are, after all, about to hand over power to a man who has spent his whole adult life trying to build a cult of personality around himself; remember, his “charitable” foundation spent a lot of money buying a six-foot portrait of its founder. Meanwhile, one look at his Twitter account is enough to show that victory has done nothing to slake his thirst for ego gratification. So we can expect lots of self-aggrandizement once he’s in office. I don’t think it will go as far as gold-plated statues, but really, who knows?
Meanwhile, with only a couple of weeks until Inauguration Day, Donald Trump has done nothing substantive to reduce the unprecedented — or, as he famously wrote on Twitter, “unpresidented” — conflicts of interest created by his business empire. Pretty clearly, he never will.
But who’s going to hold him accountable? Some prominent Republicans are already suggesting that, rather than enforcing the ethics laws, Congress should simply change them to accommodate the great man.
And the corruption won’t be limited to the very top: The new administration seems set to bring blatant self-dealing into the center of our political system. Abraham Lincoln may have led a team of rivals; Donald Trump seems to be assembling a team of cronies, choosing billionaires with obvious, deep conflicts of interest for many key positions in his administration.
I know that many people are still trying to convince themselves that the incoming administration will govern normally, despite the obviously undemocratic instincts of the new commander in chief and the questionable legitimacy of the process that brought him to power. Some Trump apologists have even taken to declaring that we needn’t worry about corruption from the incoming clique, because rich men don’t need more money. Seriously.
But let’s get real. Everything we know suggests that we’re entering an era of epic corruption and contempt for the rule of law, with no restraint whatsoever.
How could this happen in a nation that has long prided itself as a role model for democracies everywhere? In a direct sense, Mr. Trump’s elevation was made possible by the F.B.I.’s blatant intervention in the election, Russian subversion, and the supine news media that obligingly played up fake scandals while burying real ones on the back pages.
But this debacle didn’t come out of nowhere. We’ve been on the road to stan-ism for a long time: an increasingly radical G.O.P., willing to do anything to gain and hold power, has been undermining our political culture for decades. . . . . People tend to forget how much of the 2016 playbook had already been used in earlier years.
People also tend to forget just how bad the administration of George W. Bush really was, and not just because it led America to war on false pretenses. There was also an upsurge in cronyism, with many key posts going to people with dubious qualifications but close political and/or business ties to top officials. Indeed, America botched the occupation of Iraq in part thanks to profiteering by politically connected businesses.
The only question now is whether the rot has gone so deep that nothing can stop America’s transformation into Trumpistan. One thing is for sure: It’s destructive as well as foolish to ignore the uncomfortable risk, and simply assume that it will all be O.K. It won’t.
I for one am not optimistic and still fear that leaving America may be in my future.  The only sticking point is one of figuring out how to facilitate my children and grand children leaving too.

Wednesday, November 19, 2014

The 1 Percent Are Killing America’s Middle Class


We've long heard that a thriving middle class is essential for economic growth and financial prosperity.  Yet today, the 1% and GOP policies are destroying the middle class as we see wealth disparities not seen since the so-called Gilded Age of the robber barons or outside of former banana republics.  But seemingly this economic peril to America means nothing to the Republican Party or the ever more greedy 1%.  A column in Salon looks at this phenomenon and the danger it poses for the country.  Here are excerpts:
The richest Americans hold more of the nation’s wealth than they have in almost a century. What do they spend it on? As you might expect, personal jets, giant yachts, works of art, and luxury penthouses.

And also on politics. In fact, their political spending has been growing faster than their spending on anything else. It’s been growing even faster than their wealth.

According to new research by Emmanuel Saez of the University of California at Berkeley and Gabriel Zucman of the London School of Economics, the richest one-hundredth of one percent of Americans now hold over 11 percent of the nation’s total wealth. That’s a higher share than the top .01 percent held in 1929, before the Great Crash.

We’re talking about 16,000 people, each worth at least $110 million.

One way to get your mind around this is to compare their wealth to that of the average family. In 1978, the typical wealth holder in the top .01 percent was 220 times richer than the average American. By 2012, he or she was 1,120 times richer.

Why should we care?

Because this explosion of wealth at the top has been accompanied by an erosion of the wealth of the middle class and the poor. In the mid-1980s, the bottom 90 percent of Americans together held 36 percent of the nation’s wealth. Now, they hold less than 23 percent.

[T]he top .01 percent have also been investing their money in politics. And these investments have been changing the game.  In the 2012 election cycle (the last for which we have good data) donations from the top .01 accounted for over 40 percent of all campaign contributions . . . .

Despite larger pensions and homes, the debts of the bottom 90 percent – mortgage, consumer credit, and student loan – have grown even faster.

The richest .01 percent haven’t been donating out of the goodness of their hearts. They’ve donated out of goodness to their wallets.  Their political investments have paid off in the form of lower taxes on themselves and their businesses, subsidies for their corporations, government bailouts, federal prosecutions that end in settlements where companies don’t affirm or deny the facts and where executives don’t go to jail, watered-down regulations, and non-enforcement of antitrust laws.

Since the top .01 began investing big time in politics, corporate profits and the stock market have risen to record levels. That’s enlarged the wealth of the richest .01 percent by an average of 7.8 percent a year since the mid-1980s.

But the bottom 90 percent don’t own many shares of stock. They rely on wages, which have been trending downward. And for some reason, politicians don’t seem particularly intent on reversing this trend.

[I]f you want to know what’s happened to our democracy, follow the richest .01 percent. They’ll lead you to the politicians who have been selling our democracy.