Category Archives: conservatism

The Not-So-Stealthy Attack on Americans

During this something less than merry Month of May the United States Senate is scheduled to take up the Regulatory Accountability Act which will make it all but impossible for our own government to protect citizens (and citizen consumers) from corporate depredation.  We have a warning:

“Among its most egregious provisions, the RAA sets an impossibly high burden of proof that agencies would have to meet before finalizing and implementing a new rule, such as a new air quality or food safety standard. The bill also requires agencies to conduct several rounds of cost-benefit analyses that give more weight to the compliance costs to industry than the benefits to Americans. Taken together, these provisions and others in the bill could lead to total gridlock in the agencies charged with protecting the food we eat, the water we drink, and the air we breathe; ensuring that products are safe before they enter the market; and reining in the worst financial market abuses.”

Interestingly enough the Big Corporate Interests don’t even bother to mention “small businesses” in their push — read shove — for this anti-consumer, anti-worker, anti-Main Street bit of legislation.

A better label would be the Unaccountability Act of 2017 — in that corporations would be protected from citizens who like drinking clean water and breathing clean air, eating healthy and uncontaminated food, driving safe cars, and being reasonably assured that Wall Street investment interests aren’t pulling a “de-regulation” extravaganza that could make the debacle of 2007-2008 seem mild by comparison.

If you enjoyed the scandals of Enron, the predatory behavior of Wells Fargo, the Great Recession brought on by Wall Street Casino operations — then you’ll love this draft to deregulate the major corporations.

On the other hand if one is appalled by the “Screw Grandma Milly” antics of the Enron crowd, if one isn’t concerned that the bank isn’t surreptitiously opening accounts (and charging fees) like Wells Fargo, or if one isn’t concerned that mortgages might be oversold, and fed into another giant bubble of derivative trading — then a phone call to the Solons of the Senate is required.

As the machinations of the Russians, the squirming of the administration, and the daily deluge of tweets from Dear Leader, suck the air out of the room, beware that major corporate interests are working through the halls of Congress.

This is the time to contact our Senators, Senator Dean Heller (who has made no secret of his affinity for deregulation) and Senator Catherine Cortez-Masto who is more likely to be amenable to the concerns of ordinary citizens.  The so-called “Regulatory Accountability” is nothing more than a not-so-stealthy attack on ordinary Americans by extraordinarily powerful corporate interests.

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Filed under conservatism, consumers, Economy, Enron, financial regulation, Heller, Nevada politics, Politics, public safety, secondary mortgage market, subprime mortgages

Let’s Review and Make Some Conjectures

Senator McConnell couldn’t have made himself more clear to the Republican leadership — let’s please have less drama from the White House so we can get along with our agenda.  Less tactfully phrased, McConnell and his myrmidons such as Representative Mark Amodei (NV2) and Senator Heller (R-NV) isn’t going to do anything about the dolt in the Oval Office until after they get what they want.  They want two things: (1) to return the control of the health insurance market back to the insurance companies; and (2) to dismantle the financial and consumer protections enacted in the Dodd Frank Act, and the Sarbanes Oxley Act.  Not sure about this, then please consider the current push for the Choice Act:

“At a time when too many hard-working American families are still recovering from the devastating impact of the 2008 financial crash, deregulating Wall Street’s biggest firms again makes no sense. Yet the Financial CHOICE Act threatens to do exactly that.

It would allow the biggest Wall Street banks to opt-out of significant financial protection rules, while those banks that remain in the regulatory system would be blessed with watered down versions of once-tough protections, like living wills and stress tests. Perhaps most worryingly, the CHOICE Act would cripple two of the most important post-crash reforms: the Financial Stability and Oversight Council (FSOC) and the Consumer Financial Protection Bureau (CFPB).” [the Hill]

Review: The CFPB was the agency which brought to light, and then levied fines against Wells Fargo for egregious violations of their customers’ privacy and financial interests.  Little wonder the banks aren’t happy with those “bureaucrats.” Less wonder why the Republicans aren’t going to do anything about the President who had to fire his National Security Adviser — until the Choice Act is safely delivered to his desk.

We should also recall that the Republican version of the healthcare reform act is much less about health insurance reform than it is about bestowing tax cuts for the wealthiest among us, to the tune of close to $765 billion over the next ten years.  We can easily conjecture that the GOP will do nothing about the man in the office who fired the US Attorney in the Southern District of New York, and then the emissary from the Department of Justice who warned him about the dangers presented by the presence of General Flynn.  At least nothing will be done, until the Republicans can cut Medicaid to the barest of bones:

His (Trump’s) promise would be violated by House GOP bill, as it seeks to freeze Medicaid expansion money for states in 2020 by withhold funding at the enhanced match rate for any new enrollees after that point. Other beneficiaries are at risk with the more long-term transformation that program stands to undergo under the GOP bill. The legislation would overhaul the program—now an unlimited federal match rate—into a per capita cap system, meaning that states would get a fixed amount of funding per enrollee. The Congressional Budget Office, analyzing an initial version of the legislation, predicted out of the 24 million Americans who would lose coverage under the earlier GOP bill compared to current law, 14 million were due to its changes to Medicaid. [TPM]

Given there is no CBO scoring on the current edition, we can’t be certain that States like Nevada which expanded Medicaid enrollment in order to make health care access affordable, won’t be left in the lurch — Congressman Amodei’s tortured logic to the contrary.  So, nothing is likely to be done about the executive who fired the Director of the FBI who was supervising the investigation of Russian meddling in our elections (and possible Trump connections to that meddling) until Medicaid cuts are also tucked into the President’s portfolio for a signing ceremony.

When will Republicans address the Leaker-in-Chief’s discussions with the Russian visitors to the White House?  Probably not until the budget cuts to the Department of the Interior, the Environmental Protection Agency, Medicare, Health and Human Services, and the Department of Education come to fruition.  Do we have a situation in which the following is true?  If the Trumpian honeymoon isn’t over, it soon will be.

That sentiment was echoed by a prominent GOP consultant I spoke to who asked not to be named to offer a candid assessment of Trump and congressional Republicans.
“The question for Republicans is whether this is the straw that breaks the camel’s back,” said the source. “Forty percent approval is not the issue; an erratic, rudderless, leaderless White House is.” [CNN]

The camel’s back may not bend until the Republicans have seen their agenda realized, their Randian Dreams made true, and their Austerity Government imposed on the American people.   The damage of this administration and the Republicans in Congress who enable and excuse him is only starting to come to fruition.

 

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Filed under Amodei, Comey, conservatism, corporate taxes, financial regulation, Health Care, health insurance, Heller, income tax, McConnell, Medicaid, nevada health, Nevada politics, Politics, public health

Gorsuch’s Record Invites Some Phone Calls

The 45 Administration would very much like to have Judge Gorsuch confirmed as a member of the US Supreme Court. The judge for his part has been loathe to offer any more than Name, Rank, and Serial Number during his confirmation hearings. Not that this tactic is anything new in the process.  Famous for his Hobby Lobby decision, his dissent in TransAm Trucking v. ARB-DOl, (PDF) is attracting attention.  This is the now infamous Frozen Trucker Case in which Judge Gorsuch opined that taking such things as common sense, and legislative intent, were extraneous and if to operate a truck means to drive a truck (and its trailer with the frozen brakes) then that’s all there is to say on the subject. It’s interesting to note that Judge Gorsuch was dismissive of reinterpreting the wording of a statute, while interpreting the wording of a statute in such a way as to defend the indefensible actions of the trucking company.  In less complimentary terms, the Gorsuch rule appears to be an interpretation is acceptable if and only if that reading agrees with his interpretation.

There is still time to reach Nevada’s Senators, Heller (702-338-6605) (775-686-5729) and Cortez Masto (702-388-5020) (775-686-5750) (202-224-3542) on this subject.  Little wonder that Democratic Senators interviewed on the topic have said things like “his answers are unacceptable,” and “his answers are evasive,” and “his answers have been less than forthcoming…”

Judge Gorsuch needs to supply more than the Alito/Roberts song and dance routine to the Judiciary Committee, and the Senators need to attend to the fundamental problems with his nomination to the highest court in the land. His responses so far have been noncommittal and apolitical, but his decisions have been those of an activist ultra conservative. Actions do, indeed, speak louder than words.

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Filed under conservatism, Heller, Nevada politics, Politics, Republicans, Supreme Court

Republican Myths and Legends

Good morning, another day another 24 hours of trumpster fires, lit by the tinder of well worn Republican mythology.

The Economy Works In Reverse.  Let’s guess that the whopping increase in defense spending will be covered by an increase in “economic growth.”  I doubt very seriously that my utility company would be much impressed by my assertion that increases in my power bill will be paid for by my getting up an hour and a half earlier every morning.  The argument would go “because I get up earlier I will be more productive, and if I am more productive then my earnings will increase. If my earnings increase then I will have more money to spend, and therefore my bills will ‘pay themselves.'”  Gee, perhaps if I aroused myself two hours earlier I could trade my vehicle in for a Cadillac CTS-V? Somehow, I don’t think my banker will be sufficiently enamored of my presentation to hand over the money.

There’s another facet of the administration’s fantasy economy which we need to discuss, at least two ways in which while waving its firearms it shoots itself in the foot.  Round one into the metatarsal — anti-immigration rhetoric and action.  Before theorizing about economic growth, the GOP might want to look at economic activity in our major urban centers, which depend in no small part on their immigrant communities.

Round two into the navicular bone comes compliments of heavy budget cuts. For the millionth time in this blog, there’s a formula for the gross domestic product.  Once more C+I+G + (Ex-IM) = GDP.  That G stands for government spending, and not just defense spending.  Want to expand the consumer economy? Then remember that every dollar spent on the SNAP program almost doubles in economic activity.

Round three into the phalanges: Seek to limit increases in the minimum wage.  Evidently it has not occurred to GOP economists that people do not spend money they do not have.  They can accumulate debt (which Wall Street is only too happy to securitize) up to a point, but the point is quickly reached. Delinquency happens, leading to defaults, leading to the unraveling of all those beautifully packaged tranches of securities.  We know what happened last time.

Round four into the cuboid, continue the progress of income inequality, the trends of which promote the accumulation of wealth into fewer hands, creating a surplus to be used not for corporate promotion and expansion but for the collection and trading of risk diversion securities or for corporate buy-backs which do NOT generate economic growth in the overall economy but bolster the financial sector.  Have I been railing about Financialism before? Constantly?

Four shots into the foot and we’re not walking, much less running, anywhere towards overall economic prosperity.  It’s the return of the old, stale, Trickle Down Supply Side Hoax nurtured and pampered by right wing think tanks and GOP orthodoxy.

And now, we should return to a discussion of why we need an independent commission to investigate the political and economic ties of the Trump-Bannon regime to the Russian government. We might also want to avoid the trap of calling for a special prosecutor, which would only have the authority to investigate outright crimes, when what we need immediately is an investigation into the possibly profound security risks in the executive branch.  But that’s a discussion for another post.

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Filed under conservatism, Economy, financial regulation, Politics, Republicans

Our Own Reality Show: Late Night Version

Nightmare Trees Dems

We have a presidential candidate who gets up at odd hours of the night to tweet insults to former beauty pageant winners, and who expended a great deal of time and energy bemoaning the categorization of his White Supremacist followers as “deplorable.”  If these are one’s priorities so be it, but there’s a difference between nightmares and issues – a differentiation not tackled all that efficiently by his supporters and surrogates. 

Republicans appear to be beset with nightmares, not the least of which is we, as a nation, might seem weak in the eyes of others.  Strength is Action. Action is Strength. We must, like a Hollywood B-Movie production complete with car chases and explosions, appear strong.  As we do when bombing some location into gravel and small piles of rubble. This is the nightmare of the small man in the bar just before closing time, well liquored up, who decides to demonstrate his masculinity by punching some fellow who has offer some vague (and probably misinterpreted) insult.   Should these people wake up and read the information available they’d find that the United States spent some 54% of its discretionary spending on the military.

Military Spending Discretionary And, how does this compare to military spending by other nations?  The U.S. spends approximately $2.77 for every dollar spent by the Chinese.

Military Spending Comparisons So, this ought to give some comfort to those whose sleep is disturbed by dreams of military annihilation at the hands of the nefarious.  We have the best equipped, best lead, most professional military in the world.  There are issues here – not nightmares.

One issue is the tendency toward militarism, the notion that all problems have a military solution and thus the military must be accorded a prime place in national planning and policy.  This topic was explored here about eight years ago:

“Evidently lost on the militarists is the notion that one can be supportive of the military without adopting militarism. In fact, a “muscular” militarism that posits the application of military force to each and every conflict is counter-productive to long term military interests. The ‘whack-a-mole’ Bush Administration/McCain policies have the U.S. Armed Forces stretched to the limit, with used and abused equipment, and over-deployed troops, who are facing serious obstacles to receiving comprehensive care and benefits after their service. A cogent, less militaristic, policy would recommend the continual evaluation of our deployment ramifications, sentient assessments of our capacities, and a rational review of our own recruiting and remuneration standards. A less militaristic policy would allow us to employ the diplomatic tools in our arsenal to spare the unnecessary exploitation of our military. When we ‘wise up’ we’ll realize which Party’s candidates can deliver these policies.”  [DB]

In short, if we’ll stop all the posturing and flag waving pseudo-patriotism and start thinking about how and when the use of military force is applicable without draining our resources and putting our diplomatic efforts in jeopardy, then we can all sleep a bit better.

The second nightmare which seems to be grabbing hold of the sweat soaked sheets of our Republican friends is that someone, somewhere, is cheating us out of what is rightfully ours.  Taxation! Tax money being spent on Welfare Queens and Food Stamp cheats!  Oh, the misery.   Waking up and using The Google will solve one part of the nightmare – we really aren’t “taxed to death.”

“The tax burden is lower in the U.S. than in many other developed nations. Of 34 OECD countries, the U.S. tax rate for the average single American with no children ranks No. 17. The tax burden on a single person with two kids ranks 27th. Comparing tax rates across countries is difficult, however, without taking into account how much people benefit from their tax payments in college tuition, retirement income, or more intangible rewards, such as security and the social safety net.” [BlmbNews]

The reality is that there is no monster under the bed.  We aren’t even in the top ten OECD countries in terms of taxation.  But, but, but, how about welfare cheats?   If we look at the SNAP program from the USDA we find that: “The SNAP national payment error rate for fiscal year 2014 is 3.66 percent.  This indicates a 96.34 percent accuracy rate of providing benefits to low income people.  In fiscal year 2014, over 99 percent of participating households  were eligible for SNAP as determined by income and other program criteria.” [USDA]  I can’t speak for anyone else, but if I could get my total financial records into the 96.34% accuracy category I’d be one happy camper in sweet dream land. 

However, nightmares aren’t made of rational ruminations about fiscal accuracy and accounting practices.  They come from anecdotal renditions and repetitions of ‘stories’ about seeing some guy drive up in a new pickup and toting out a case of Budweiser.

“The Act precludes the following items from being purchased with SNAP benefits:  alcoholic beverages, tobacco products, hot food and any food sold for on-premises consumption. Nonfood items such as pet foods, soaps, paper products, medicines and vitamins, household supplies, grooming items, and cosmetics, also are ineligible for purchase with SNAP benefits.” [USDA

Under the terms of the 2002 legislation, no “illegal immigrants” are eligible for SNAP assistance. [USDA]  Further, ‘non-qualified aliens’ are not eligible for a host of other benefit programs, as specified in bureau or agency rules:

“Federal public benefits include a variety of safety-net services paid for by federal funds. But the welfare law’s definition does not specify which particular programs are covered by the term, leaving that clarification to each federal benefit–granting agency. In 1998, the U.S. Department of Health and Human Services (HHS) published a notice clarifying which of its programs fall under the definition. The list of 31 HHS programs includes Medicaid, the Children’s Health Insurance Program (CHIP), Medicare, TANF, Foster Care, Adoption Assistance, the Child Care and Development Fund, and the Low-Income Home Energy Assistance Program.” [NILC]

Sleep well Republican friends, the undocumented are not eligible for support,  and we are being most parsimonious in regard to our bestowal of benefits. 

Democrats might sleep more comfortably if the following situation were improved:

“Despite growth in SNAP caseloads since the onset of the Great Recession, about 17 percent of those eligible go unserved and SNAP is missing nearly six in ten eligible elderly persons. SNAP policies that improve program access and increase staff capacity to process applications as well as SNAP outreach can help communities, families and businesses maximize federal dollars.” [FRAC]

We should not forget the other monster in the closet. Others.  If slavery was America’s Original Sin, and segregation its phalanx of myrmidons, then racism is the residual.  However, demonization is not necessarily the exclusive domain of people of color – we’ve demonized Irish and Eastern European immigrants, Asian and Chinese immigrants, Jews, Catholics; and lest we forget “commies” during the McCarthy Era. 

Perhaps some right wing individual tosses and turns on the mattress because the phone answering service wants to know if he’d like the message options in Spanish?  This is America, Speak English!  The immigrants will, like most others before them, and the native language will be lost in three generations:

“The authors found that although the generational life expectancy of Spanish is greater among Mexicans in Southern California than other groups, its demise is all but assured by the third generation. Third-generation immigrants are American-born with American-born parents but with three or four foreign-born grandparents.
In the second generation, fluency in Spanish was greater for Mexican immigrants than for other Latin American groups, and substantially greater than the proportions of Asian immigrants who could speak their mother tongue very well. In the third generation, only 17 percent of Mexican immigrants still speak fluent Spanish, and in the fourth generation, just 5 percent. The corresponding fourth-generation figure for white European immigrants is 1 percent.
What is endangered, said the authors, is not the dominance of English but the survival of the non-English languages immigrants bring with them to the United States.” [Princeton Edu/Massey 2006]

If we’re looking for some reason to lose sleep it might be because by the 4th generation we’ve lost 95% to 99% of the language facility we might have had in this increasingly shrinking world.

But, wouldn’t we all sleep more peacefully if we’d just SAY we need to fight “radical Islam?”

First, there’s a little problem defining “radical.”  Do we mean what might be considered conservative Islam, men with beards, women in burkas?  This leaves us with a problem – what to do with the Muslim family who wants the daughter to go to medical school because there’s a need for women doctors to treat women patients?  What to do with the millions of practitioners  of Islam who are not conservative? And the millions more who have a special word for the ISIS thugs who flout their disregard for the basic tenets of Islam – daesh. (That stuff you scrape off the bottom of your shoes.)

Sleep well, the odds against an American being killed in a terrorist attack are 1: 25,000,000. [TechJuc] Another comforting (?) thought is that an American is far more likely to be shot by a toddler than a terrorist. [Snopes]

But that is another nightmare we don’t like to talk about.  I’d sleep better if we could do something about keeping firearms out of the hands of toddlers…

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Filed under anti-immigration, anti-terrorism, conservatism, Federal budget, Gun Issues, Immigration, Islam, Nativism, Politics, racism, Republicans, Taxation, terrorism, White Supremacists

Quick Notes on Rep. Joe Heck

Heck Trump Hat

Since Representative Heck has taken the Trump Road down Republican Lane, there are some sticky points he might want to address.

One such point is here – as Trump attaches a radical right wing advocate for absolutely NO abortions under Any Circumstances to his list of advisors.  Does Rep. Heck espouse this view as well, if he’s so enthusiastic about the prospect of a Trump presidency? 

This is not a “mainstream” position by any means. 

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Filed under abortion, conservatism, Heck, Nevada politics, Republicans

Dear Broadcast News Media, I Give Up Again

Television dump

At 9:05 AM this morning I gave up on cable news – again.  I’d finished washing up the breakfast dishes and a few of their comrades from last evening, and was ready to watch some “news” for an hour or so.  Five minutes into the viewing, including two channel changes, I remembered why I gave up on watching cable news broadcasts a short while back.  The three V’s: Vapidity. Vacuity. Vagueness.

Vapidity: Or, in the long form, a lack of stimulation, challenge, or sharpness; tepid, insipid, and bland.  This is characteristic of those broadcasters who believe that I might be remotely interested in yet another presentation of punditry discussing the semantics of e-mail transmissions.  Digging actual facts out of the morass of “process” punditry reveals that FBI Director Comey was correct – there is NO indication of any criminality in Secretary Clinton’s use of a private e-mail server. NONE. Done.  That someone has discovered a possible discrepancy in variations of the explanations isn’t news, it’s not even new.  It’s part of a continuous piece of propaganda floated by the Republican Party, and its allies among the Beltway Villagers, for some “Watergate-esque” issue to continue the Clinton assault they’ve enjoyed for the last umpteen years.

If the e-mail non-story were the only example I might not be so dismissive of cable news, but it isn’t.  There have been precious few attempts by the cable networks to treat any story with any depth. Sadly, many items are mentioned and the presenter quickly shifts to “what does this mean for Senator Sludgepump’s campaign?”  For example,  MSNBC, to its credit, did offer some actual context for the Flint Water Crisis.  And now the parallel universes take the stage – in the broadcast world the issue is “old news” even though the aftermath of the water contamination is far from over; in the real world we are discovering more communities with water supplies which do not meet the maximum contaminant levels for lead – and these are getting back page, below the fold, treatment – and not a minute on cable broadcasts.

The broadcasters are content, it seems, to offer a stream of sequels to stories of limited interest to the general public instead of presenting stories involving critical national issues.   Case in point: Immigration policy reform.  There is a bill, passed by the Senate, languishing in the House which offers comprehensive immigration policy reform, and the GOP House leadership can’t or won’t move it.  Instead of seeing and hearing intelligent discussions of the POLICY issues we are being treated to “how is the Hispanic Outreach project of the Trump campaign” doing?  How is the Clinton campaign doing in the polling among Hispanic American voters?

Vacuity:   In order to hit this level a broadcast needs to wade through Shallow and into Inanity.  Here we go again, we all know that U.S. national elections are composed of 50 individual state elections, and still the cable news networks – months from the general election – tout their national polling.  This adds a new level of nothingness to the abyss.  I might as well inform readers that I have five fingers on each hand and try to pass this off as “news.”

Vagueness:  This is the point in a campaign when the parties should be sharpening their messages, and providing actual examples of policy statements and plans on offer to the voters.  We’re not getting that from the Trump side of the ledger – we get speeches, analysis of the speeches, and follow up interviews with surrogates who inform us that the details will be provided later. When’s ‘later?’   At what point will the reporters on camera demand some solid answers? And, should that fail, when do they point out that those Statues in the Park have no more ‘clothing’ than the policy non-statements issued by the Trump campaign and its surrogates.

There’s nothing that pleases the Press quite so much as whining about the treatment of the Press.  The current whine is that Secretary Clinton hasn’t had a “full blown press conference” for X number of days and counting.  Really? Since when was August a major month for press conferences by any national campaign? And, Secretary Clinton attended a fund raiser and the Press wasn’t invited! Oh dear, and we saw Governor Romney’s comment about the 47% in pool tape? Or, uh-no, it was from a bootleg tape and the press hadn’t been invited to that fundraising event.  How this tells us anything about the POLICY of and plans for an administration is anyone’s guess; but, what it does tell  us is that the media loves to talk about the media.

At least I know I’m not alone.  There’s some comfort in reading this analysis of the situation in Crooks and Liars,

“People want truth. They don’t want talking points, or “both sides do it.” Donald Trump has broken all of the rules of party politics, and also the cable news formula. Some, like Stelter, Bolduan, Keilar and Reid have taken the cue, choosing to aggressively pursue truth-telling. Others are not.

To those who refuse to pay attention, beware. Consumers have moved on from the political pablum you serve. Only those who are bold enough to speak truth to the professional liars will survive.”

And Salon’s article about the long-lived conservative obsession with all things Clinton, especially from Judicial Watch:

“This is the same Judicial Watch that currently has the press panting over every release of the Clinton State Department emails they’ve received from their FOIA fishing expedition, rushing on the air and to print based upon the organization’s often erroneous and misleading press releases. Tom Fitton, the organization’s current president and author of the book “The Corruption Chronicles: Obama’s Big Secrecy, Big Corruption, and Big Government” proudly declared, “Judicial Watch has had more success investigating the IRS, Benghazi and Clinton email scandals than any House committee.”

Considering the outcomes of the IRS and Benghazi “scandals,” it would behoove the press to show a little skepticism. The history of this group is very clear. The first time it waged its campaign of character assassination against Bill and Hillary Clinton, it’s perhaps understandable that the press failed to recognize they were being manipulated by political operatives. The trumped-up Obama scandals added up to nothing as well. There’s no excuse for the media to fall for it again.”

However, it’s my guess they will fall for it – as long as the Three V’s are the mainstays of cable broadcasting practice.

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Filed under conservatism, media