Monday Wake Up Call – January 27, 2020

The Daily Escape:

Sunrise, West End Overlook, Pittsburgh PA – photo by Kevin Simpson Photography

“The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of Conservatives is to prevent mistakes from being corrected….Thus we have two great types — the advanced person who rushes us into ruin, and the retrospective person who admires the ruins….This is called the balance, or mutual check, in our Constitution.” G.K. Chesterton

Remember that Chesterton was British, and he died in 1936.

Wrongo’s really dreading the prospect of looking down a double barreled shotgun of Biden vs. Bernie. This confession is brought on by the WaPo, who reported on its poll with ABC News:

“Nationally…the competition has moved in the direction of Biden and Sanders, with Warren, Buttigieg and others now clearly behind. Among Democrats and Democratic-leaning registered voters, Biden is favored by 32% with Sanders at 23%…In both cases, those percentages are slightly better than what each received in an October Post-ABC national poll.

Warren is currently running third but has seen a significant drop in her support nationally, falling from 23% in October to 12% in the new poll…..she is the only other candidate for the Democratic nomination in double digits.”

Here’s the placement of the rest:

  • Bloomberg: 8%
  • Yang: 7%
  • Buttigieg: 5%
  • Klobuchar: 3%

The WaPo indicates Democrats are motivated in this election. An amazing 73% said that they are certain to vote in their state’s primary or caucus, significantly higher than the 59% who said the same in January 2016. Importantly, 9 in 10 Democrats who named a candidate said that while they are enthusiastic about their choice, 53% still would consider another candidate.

Warren has slipped particularly among women, where her support fell from 26% to 12%. But while she trails Biden and Sanders as the first choice among Democratic voters, she does well when people are asked who their second choice is.

Overall, 23% name Warren as their second choice, slightly higher than either Sanders or Biden. When first and second choices are combined, Biden leads at 48%, followed by Sanders at 41%, and Warren at 35% percent. No other candidate is within 20 points of this combination.

But, this eye-catching poll is based on a very small sample. The Post-ABC poll only sampled 388 Democrats nationally. It includes 349 who are registered voters. Most important, the margin of error is ± six percentage points.

It’s also important to remember that Warren got the endorsement of the Des Moines Register, which probably means more than her earlier co-endorsement by The Times. Nate Silver notes that despite the WaPo poll, Warren is closer in Iowa:

“…the Des Moines Register endorsement tonight could actually matter. Historically, it helps the endorsee by 3 points which matters in a race where the top 4 candidates are separated by ~5 points.

https://t.co/L8iMGV5hPH— Nate Silver (@NateSilver538) January 25, 2020

It’s unlikely that 3 points would make Warren the winner of the Iowa primary, but it does seem likely to keep her above the critical 15% threshold for delegates. That would probably keep Iowa from making this a two-man (literally) race.

Wrongo doesn’t know who he’d support if it comes down to Biden vs. Bernie. Wrongo doubts that Bernie would be a good president. Would he be able to get much done? It’s easy to imagine Trump beating Bernie to death with Marxist-Socialist epithets.

Biden would probably be able to staff a professional administration. But his lack of an ambitious progressive agenda means that even if he were elected, his presidency might not amount to much either. OTOH, he may help other Democrats for House and Senate more than Bernie can. Bernie’s “Our Revolution” movement endorsed about 80 candidates in 2018, and just 6 of them were elected.

Warren seems to be a better choice than either, and it’s really depressing that she can’t get much traction with voters.

All of this means that there is a distinct possibility Trump gets reelected in a replay of 2016 no matter who is the ultimate Dem candidate. They all have serious weaknesses. Each has a core group of enthusiastic supporters, and a core group that says that candidate underwhelms them.

Can whoever is the nominee eventually become a consensus candidate?

Wake up America! A lot of people like Biden because they want the politics out of politics. They want “the people in DC to cut out the political shit, and just work together to do what’s right for the country“.

But as Chesterton said, this is just another example of our traditional American way of really wanting to keep the politics IN politics.

The Parties like things just the way they are.

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Sunday Cartoon Blogging – January 26, 2020

A few random thoughts on Sunday:

  • Where Wrongo comes from, “take her out” means go on a date, or…something else. It has nothing to do with job termination.
  • The impeachment seems to be helping Trump so far. According to a Washington Post-ABC News poll, Trump’s approval rating has climbed to match the highest of his presidency.
    • Axios reports that Trump’s net approval numbers improved in 31 states between September and December, according to Morning Consult data.
    • They improved by at least 5 points in Iowa, Utah, Maine, Montana and New Mexico.
    • An incumbent president with a growing economy and a low unemployment rate 6-12 months before the election can be tough to beat, even presidents who are bad at their jobs.
    • America twice elected Andrew Jackson. It elected Fillmore, Pierce, and Buchanan to consecutive terms. And we also did the same with Harding and Coolidge.
  • Are you following the Coronavirus outbreak in China? The number of confirmed cases in China stands at around 1,300. The virus has also been reported in Thailand, Vietnam, Singapore, Japan, South Korea, Taiwan, Nepal, Malaysia, France, the US and Australia. The death toll in China from the Coronavirus outbreak jumped on Saturday to 41.
    • We don’t know how deadly the virus is. These outbreaks can range from low-to-highly contagious, and from low-to-highly deadly. There isn’t enough data so far to know where to place this virus on either the contagion, or the deadly axis.
    • An amazing development is the rapid and powerful response by global public health agencies. Modern transportation allows diseases to spread globally. But modern communications and effective government agencies can react as fast.
    • This could radically change the severity of epidemics. Modern communication plus modern technology makes the global response far more effective than in the past.
    • This is a bit of evidence that, in some ways, countries are working together to build a better world.
    • From Fabius Maximus:

“Extreme libertarians tell us that governments can’t do anything right, and that we should “starve the beast.” Conservatives also hate the UN. Here we see an example of strong government agencies – national and international – providing a vital service.”

On to cartoons. On Saturday, the GOP began their defense of Trump:

Some say the Senate could be doing something else:

The GOP’s impeachment strategy moves on:

Trump and Mitch both want America to eat mystery meat:

Country before Party: such a quaint idea:

Some kids can’t wait for recess:

 

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Saturday Soother – January 25, 2020

The Daily Escape:

The Subway, Zion NP, UT – 2019 photo by DarthButane. This is a nine-mile round trip hike.

When it comes to the impeachment trial, nothing that’s said really matters, if you are hoping for a fair review of guilty, vs. not guilty.

Let’s spend a moment reviewing Adam Schiff’s closing remarks on Thursday night. He was off the charts brilliant:

“The American people deserve a president they can count on to put their interests first, to put their interest first. Colonel Vindman said, here, right matters. Here, right matters.

Well, let me tell you something. If right doesn’t matter, if right doesn’t matter, it doesn’t matter how good the constitution is. It doesn’t matter how brilliant the framers were. It doesn’t matter how good or bad our advocacy in this trial is. It doesn’t matter how well-written the oath of impartiality is. If right doesn’t matter, we’re lost. If truth doesn’t matter, we’re lost. The framers couldn’t protect us from ourselves, if right and truth don’t matter. And you know that what he did was not right. “

Schiff concluded with: (emphasis by Wrongo)

“But here, right is supposed to matter. It’s what’s made us the greatest nation on earth. No constitution can protect us if right doesn’t matter anymore. And you know you can’t trust this president to do what’s right for this country. You can trust he will do what’s right for Donald Trump. He’ll do it now. He’s done it before. He’ll do it for the next several months. He’ll do it in the election if he’s allowed to.

This is why, if you find him guilty, you must find that he should be removed. Because right matters. Because right matters. And the truth matters. Otherwise we are lost.

He didn’t read this, he spoke from the heart. He wasn’t histrionic, or angry. However, he did deliver a sharp condemnation of Trump. He all but said “If Trump walks, and is re-elected, this country is finished.”

That fell flat with some Republicans:

Republicans have really thin skins when it comes to attacks on the guy who tweets insults for a living.

Schiff didn’t pretend that witnesses are a real possibility.  He didn’t pretend Democrats are going to get documents. He didn’t pretend that GOP Senators will do the right thing.

He made it clear to the real jury, America’s voters, what’s at stake, and exactly who is shirking their duties. He’s shown us that Republicans no longer even pretend to give a flying f__k about democracy, honesty, or the Constitution.

Was it a tough week for you? Jim Lehrer died. The long-time anchor of the PBS NewsHour was possibly the last of his kind. Wrongo often watched Lehrer’s careful, considered journalism on PBS, along with his moderation of presidential debates. He was never one of those in the news media who thrive on gotcha questions and confrontations.

Time to let it all go for a few minutes. Iit’s time for our Saturday Soother. Here, the fields of Wrong still have snow on the ground, although it is now crisscrossed by the tracks of all sorts of animals. We’re in for a rainy weekend, so let’s start by brewing up a mug of coffee that is recommended by Wrongo’s daughter, Merrill. It’s Colombia Santa Rita coffee ($16/12 oz.) with its notes of caramel, toasted almond, and powdered cocoa, from Rainier Coffee.

Now settle back near a fire, and listen to a piece of cello music from Henry Eccles, a violinist from Great Britain who was born in 1670. We will listen to the Largo section of his “Sonata for Violoncello in G minor”, played by Maxim Kozlov, who calls himself “Cellopedia”:

Wrongo and Ms. Right heard this played on New Year’s Day by Sam Magill, cellist with the NY Metropolitan Opera Orchestra. He hasn’t recorded it professionally, but you will love this sad, emotional performance by Kozlov.

Those who read the Wrongologist in email can view the video here.

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Verdict First. Trial Later

The Daily Escape:

Joshua Tree NP CA, in snow – December 2019 photo by chase_embrace

Have you been watching the impeachment extravaganza? It’s a mind-numbing exercise that’s difficult to take in large doses. That was probably Mitch McConnell’s plan. There are a few revelations though. One is the work of Adam Schiff, (D-CA) who is the lead House manager for the impeachment trial.

Josh Marshall at TPM says that Schiff’s job is to put the Senate on trial, and put Republican senators in a box that they can’t climb out of in November:

“Adam Schiff… [is] making a really convincing, damning set of arguments about all the accusations the President’s lawyers are denying while they simultaneously refuse to release records which would quickly confirm and refute those accusations.

These are cases in which we know there are contemporaneous notes or other records. The answers are there. But they refuse to release them. It is a damning indictment not only of the President but even more his Senate accomplices.”

The Senate Republicans swore an oath to be jurors, but they want to keep all of the proof secret. So, Schiff and the other House managers are making it clear that it is the Senate Republicans that are really on trial. The weakness for Republicans is that this is the first Senate trial held in defiance of the principle of shared facts and evidence.

Republican Senators are not paying close attention to Schiff and the others. All Senators are supposed to be in attendance and listening, but a few, mainly on the Republican side, are openly flaunting the rule. Dana Milbank’s column in the WaPo:

“Just minutes into the session, as lead House impeachment manager Adam Schiff (D-Calif.) presented his opening argument for removing the president, Sen. Rand Paul (R-KY) displayed on his desk a hand-lettered message with big block letters pleading: “S.O.S.” In case that was too subtle, he followed this later with another handwritten message pretending he was an abducted child:  “THESE R NOT MY PARENTS!”

See, it’s all just a joke, presided over by the Chief Justice of the US Supreme Court. Hell, Trump said out loud at Davos that he’s withholding evidence: (brackets by Wrongo)

“I got to watch enough [of the Senate trial] — I thought our team did a very good job. But honestly, we have all the material. They don’t have the material.”

The second article of impeachment is obstruction of Congress by withholding witnesses and documents. Trump confessed to it on live TV to reporters, and Senate Republicans don’t care.

Wrongo’s been waiting for Republicans to pay a significant price for their lying, hypocrisy, constant defiance of the rule of law, and disrespect for our institutions, norms, and Constitution, ever since the days of St. Ronnie.

From Martin Longman: (emphasis by Wrongo)

“In a way, it’s something the Democrats are getting used to. From the hanging chads in Florida in 2000 to the Electoral College loss in 2016, the Republicans make a living winning despite losing. They’ve become dependent on cheating and rigging the rules of the game, and they’re experts at it at this point.”

The impeachment trial Kabuki play is no different. The GOP is gleefully waiting out the ceremonial “trial” in order to deliver their pre-ordained verdict.

Is it just Wrongo, or does it seem like America is screwed beyond redemption? If, by some cosmic quirk, Democrats one day hold the Presidency and both Houses of Congress, anything they attempt to do that does not align with Republican orthodoxy will end up being decided by one of McConnell’s right-wing courts.

You can expect that they will find a way to tie up, or simply negate anything the savior Congress tries to do. Will some great leader show up? Does the current crop of Democratic candidates have anyone able to make the case for wholesale change?

Do any of them have coattails sufficient to win the Senate?

Wrongo proposes that we think about Adam Schiff as the Democratic Presidential nominee. Sure, you think it’s too late, but is it really?

Here’s what the WaPo’s conservative writer Jennifer Rubin said about Schiff’s opening statement: (emphasis by Wrongo)

“And that is what the trial is about. It’s about making clear to the entire country that Trump did exactly what he is accused of, but that his own party, suffering from political cowardice and intellectual corruption, do not have the nerve to stop him. If that is the goal — prove Trump’s guilt and Republicans’ complicity — Schiff hit a grand slam. And we have days more of evidence to hear.”

He’s someone who can make a tightly reasoned argument. He’s well-spoken, and knows Constitutional history. He’s a liberal from a liberal state, and at 60, he’s not a geezer.

President Adam? Sure, why not!

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NY Times’ Pointless Exercise

The Daily Escape:

Zion NP, UT – January 2020 photo by csmicfool

Wrongo is confused. The NYT endorsed both Warren and Klobuchar, apparently for the same job. But in reality, they endorsed Klobuchar, the candidate who is polling around 4%, well below the 15% it will take to win any delegates. The endorsement of Warren is secondary, even on their editorial pages, which lists Klobuchar on the left full page, and Warren on the right full page.

Here’s how the Times talked about the difference between the two of them:

“Both the radical and the realist models warrant serious consideration. If there were ever a time to be open to new ideas, it is now. If there were ever a time to seek stability, now is it.

That’s why we’re endorsing the most effective advocates for each approach. They are Elizabeth Warren and Amy Klobuchar.”

They are not campaigning to be co-presidents, we will get just one nominee. The Times says there are two possible ways forward: Warren’s a radical. Klobuchar’s a realist. This all but guarantees that if Warren is the nominee, Trump’s ads will say: “Even the leftist New York Times thinks Warren is a radical.”

In case you’re unsure, Warren isn’t a radical. She’s demonstrated over and over that she’s moderately progressive, and a pragmatic liberal, with the exception of her poorly-thought-out position on Medicare for All. The NYT has its way with Warren:

“American capitalism is responsible for its share of sins. But Ms. Warren often casts the net far too wide, placing the blame for a host of maladies from climate change to gun violence at the feet of the business community when the onus is on society as a whole. The country needs a more unifying path.”

By contrast, here’s the Times’s critique of Klobuchar. It’s one paragraph plus one sentence about her poor positioning in the race:

Reports of how Senator Klobuchar treats her staff give us pause. They raise serious questions about her ability to attract and hire talented people. Surrounding the president with a team of seasoned, reasoned leaders is critical to the success of an administration, not doing so is often the downfall of presidencies. Ms. Klobuchar has acknowledged she’s a tough boss and pledged to do better…..Ms. Klobuchar doesn’t have the polished veneer and smooth delivery that comes from a lifetime spent in the national spotlight, and she has struggled to gain traction on the campaign trail.”

The Times is playing a cynical game. They’re saying that they are endorsing both Warren and Klobuchar, but they really want Klobuchar, someone who really has very few followers.

It isn’t even clear that Klobuchar is a better moderate candidate than Biden. Clearly he’s older, but he has a national and global perspective that Klobuchar lacks. As a candidate, she’s a lesser Biden, without the black support.

And for Warren, she’s at least as formidable a candidate as Sanders, but she may have a higher ceiling with potential voters.

In most ways, the 2020 primaries so far have been Policy Minutiae on the Democrat’s side, vs. Resentment Politics on the GOP’s. Way more people are persuaded by tribal politics than by policies. If you disagree, look at this from the LA Times which says that a substantial group of Iowa voters are trying to choose between Biden and Sanders:

“Both campaigns believe there is a swath of voters — mostly white, working-class voters, including those who voted for Donald Trump in 2016 after backing Barack Obama twice — who are torn between Biden and Sanders, the race’s old-timers. Both men’s campaigns are fishing in that electoral pond as each candidate looks to expand his base in a tight contest.”

Their decision won’t be about Policy Minutiae. More from the LAT: (emphasis by Wrongo)

“Sean Bagniewski, chairman of the Democratic Party in Polk County, Iowa, which includes Des Moines. ‘Ideology isn’t as important as the personality. To a lot of folks, they feel like they know and can trust both Joe Biden and Bernie Sanders, regardless of the ideological stuff.’”

For the NYT, the election is shaping up as a contest between a former TV personality who has generated a long list of policy failures, against either a cynical moderate, or a radical progressive, when some people think policies aren’t going to decide the election.

In 2008 and 2012, the Obama campaigns were about the healing power of centrism, without openly bashing the left. Biden and Buttigieg seem to be going that route, but Klobuchar seems more interested in pointing out that She Is NOT One of Them Lefties.

It’s like no one on the Times Editorial Board stopped to ask the question: “Wait – what exactly is the point of this exercise”?

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Sunday Cartoon Blogging – January 19, 2020

What to make of the new trade deal with China? The deal seems to restore the US-China trade relationship to where it was before Trump launched his “easy to win” trade war. Nothing that China has agreed to departs markedly from what it agreed to during the Obama administration. In 2015, Obama and Xi Jinping announced an end to cyber-intellectual property theft and embarked on a next round of negotiations over market access.

Trump’s Phase I agreement barely restores China’s agricultural purchases to where they were before 2017, even though Trump presented it as a victory. If one of your main customers boycotts you and then agrees to start buying again, but is buying fewer goods, it’s disingenuous to announce that they had promised to buy more.

After two years of mounting tariffs hostilities, the Phase I agreement has cost the US more than $30 billion in subsidies to American farmers. It has cost American consumers tens of $ billions in tariffs. It has forced some US companies to diversify their supply chains out of China at an additional cost of $ billions.

Trump and his trade sidekick Peter Navarro, fundamentally misread the relative strengths of both the US and China. They thought that Chinese exports to the US are the key driver of the Chinese economy. If that were true, tariffs would be a potent weapon.

But a recent McKinsey study shows that China has aggressively shifted from an export-driven economy to a domestic consumer-driven one. Much of any gain in Chinese exports primarily accrues to the multinational companies like Apple that source in China, and not to the domestic Chinese economy.

At best, Trump fought China to a draw. At worst, China now understands that less economic engagement with America is in its self-interest. The trade war and its new, paper-thin truce leaves America with less leverage going forward. On to cartoons.

Was Round One a win?

Why are our sports teams held to a higher standard than our politicians?

Liz ponders:

There are Senate tools that always go unused:

What to expect from Ken Starr:

Pretty sure that’s Susan Collins:

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Saturday Soother – January 18, 2020

The Daily Escape:

Polar Bear, Churchill, Manitoba CN – October 2019 photo by Colin Hessel

For a lot of people, this will be a long weekend with the federal holiday for Dr. Martin Luther King, Jr. on Monday (his actual birth date was Wednesday, the 15th).

Thousands of pro-gun fanatics are expected to march at the Virginia state capital on MLK Day. Prior to VA governor Northam’s declaration of a state of emergency, those pro-gun lobbyists were expected to brandish weapons and look as menacing as possible to lawmakers who want to reform the state’s gun laws. Now, the state of emergency means the state capitol grounds at least, should be gun-free.

Naturally, the choice of MLK Day for a pro-gun march wasn’t a coincidence.

MLK Day was carefully chosen for the rally, since many of the people hyping it are white nationalists. The Virginia Citizen Defense League says its motives for choosing MLK Day for its annual pro-gun rally are innocent. They say the date was picked because it’s a federal holiday, which allows more gun owners to be able to come.

But King was assassinated in 1968 by a gun-wielding right-winger, so it’s difficult to imagine there’s no ulterior purpose in using the same day for gun-wielding right-wingers to celebrate themselves.

Maybe they think it ought to be James Earl Ray day.

On top of that, Tuesday brings “All Impeachment, All the Time”, so we won’t get much of a break from the Lev Parnas show this week.

Charlie Pierce talks about how low and grubby high crimes can be: (emphasis by Wrongo)

“The proper historical analogue to this event is not the impeachment of Bill Clinton, but the impeachment of Andrew Johnson. The Clinton impeachment was the isolated case of one man’s clumsy foibles within the confines of the civil and criminal justice systems. No other constitutional principle was under discussion. No constitutional institution was at risk. The balance of powers was not in danger of coming unraveled unless Clinton had been removed from office for such relatively flimsy charges, political accelerants aside.

Andrew Johnson disobeyed an act passed by Congress specifically to rein in his powers. This was a full-speed collision between Article I and Article II powers. That’s what the impeachment of this president* is, too. If anything, the actions addressed by this impeachment are even cruder than Johnson’s were, and Johnson was drunk a lot of the time. The current impeachment is shot through with actions that remind you how closely cupidity and stupidity rhyme. When the House managers walked the articles across the Capitol, the Founders walked with them, although many of them were probably astonished at how low and grubby high crimes can be.”

We’ll see what the next week brings in both Richmond, and in the Senate. Keep your powder dry.

It’s pretty cold here in New England, and we expect substantial snow on Saturday afternoon. So, now’s the time to make sure we take a break from another trying week, and spend a few moments in peace before the snow storm. IOW, it’s time for another Saturday Soother!

Let’s start by brewing up a mug of organic Conscientious Objector Coffee, created for those who follow their conscience ($17/12 oz.). It comes from Oakland, CA’s Highwire Coffee, who says it has sweet creaminess and fruitiness upfront, with a cocoa finish. Yum!

Now settle back in a comfy chair by a window and listen to André Rieu and his Johann Strauss Orchestra play “The Beautiful Blue Danube” by Johann Strauss II. It was recorded live at the Schönbrunn Palace in Vienna. If you watch, you will see marvelous dancing by members of the famous Austrian Elmayer Dancing School, the orchestra having fun, and the audience enjoying a bit of schmaltz:

Those who read the Wrongologist in email can view the video here.

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More About The Virtue of Exciting Candidates

The Daily Escape:

Mt. Assiniboine, Provincial Park, BC, CN – 2019 photo by Talhanazeer. Assiniboine is the pyramid-shaped mountain on the left.

When Wrongo thinks about the Democratic primary candidates, he feels a bit like when he was a breeder of Havanese dogs: “Don’t get too attached to any one of them–we’re only keeping one.”

At the end of the day, we’ll only have one candidate. The question is which is the keeper?

Yesterday we asked: which candidate excited you? Judging by crowd sizes in Iowa, Sanders, Warren and Buttigieg have generated excitement, while Biden has not:

“Mr. Biden has a lot to prove here. I’ve attended some of his town halls and rallies, and they’ve been lackluster, his speeches dull and meandering, and his crowds comparatively small. I’ve been to memorial services that are more exciting. I certainly hope mine is.”

That quote is from Robert Leonard, the news director for the Iowa radio stations KNIA and KRLS. More from Leonard:

“Who is going to get an enthusiastic turnout caucus night? Bernie Sanders will. His support is strong. We’ll see if he can increase it….

Elizabeth Warren has fallen in the polls, but she will have a big turnout caucus night. Her on-the-ground organizing is terrific and her supporters unwavering…..

Pete Buttigieg will also have a big turnout. Watching his several-blocks-long parade of supporters file into the Liberty and Justice Dinner last fall in Des Moines gave me goose bumps…..”

Leonard finishes with this:

“On caucus night, given the soft support I see, if the weather is bad Mr. Biden’s supporters might not come out. It might also depend on what’s on TV….For the other candidates, if their supporters walked outside, slipped on the ice and broke a leg, they still would crawl through snow and ice to caucus.”

He’s alluding to the x-factor, the charisma, the excitement that a candidate creates in voters, and claims that in Iowa at least, Sanders, Warren, and Mayor Pete are showing some of that.

The first thing that most of us want is relief from the Trump assault. In the general election, that starts with telling people the damage assessment, and a plan of repair. The nominee has to say that our government and democracy are in tatters and need to be stitched back together. Constitutional checks and balances have been nearly destroyed by the Republicans.

Maybe we need Medicare for all, free college tuition, and the rest of the progressive agenda, but first, we need to triage our democracy.

To win the presidency, we need to take back Pennsylvania, Michigan and Wisconsin. Are the voters in those three critical swing states ready to sign on to rebuild our social safety net, reform health insurance, and raise taxes on the rich and corporations? Hell yes.

Trump’s 2020 plan is to pump up the Dow while keeping unemployment at historic lows. He’s done that with a $1.5 trillion tax cut without any plan to pay for it. He’ll tout his new “trade deal” with China. He’ll mock and belittle the Democrats and their nominee. Meanwhile, Trump has no health plan at all!

Mitch McConnell’s plan is to make sure Trump is acquitted at all costs, to continue packing the courts, and blocking any meaningful legislation coming out of the House.

What’s the Democratic Party’s 2020 plan? The proposals by the progressive Democratic candidates have merit. Their goals are the right ones for the country and the planet. But, those plans will take several administrations to fully implement. Few voters fully understand the details of how to pay for Medicare for all. Moreover, they absolutely are worried about having their private health insurance taken away. That’s what most Americans have, so that has to be a big concern for Democrats in 2020.

Which of the current flock of Democratic candidates have what it takes to unite and lead the Party to a 2020 victory? Which nominee will have coattails to swing the Senate, hold the House and add to the Party’s roster of statehouses?

The 2020 election will turn on whether individual voters see the Democratic Party’s nominee as a heroic savior of the country, or less of a leader than the execrable Trump.

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Which Democrat Nominee Excites You?

The Daily Escape:

Keyhole Arch, Pfeiffer Beach, Big Sur, CA – 2020 photo by jtmess. For a few weeks every winter, starting with the Winter Solstice, sunset lines up with the hole in Keyhole Arch.

Someone told Adlai Stevenson when he was running for president in 1952 (or ‘56): “Every thinking person in America will be voting for you.” Stevenson replied, “I’m afraid that won’t do—I need a majority.” (Via)

It’s time that Americans recognize that the most important global event in 2020 will be the US presidential election. The reason is blindingly obvious. It’s questionable if the world can be brought back from four more years of Donald Trump. That’s doubly true for the US. That means historic voter turn-out is required.

And if that’s the case, it’s important that the best person challenge Trump in November. Last night’s debate didn’t move us any closer to knowing who that should be. This, from Deborah Long is a useful take:

Three Democratic candidates for president walk into a bar.

The first one says, “I’m going to beat Donald Trump by re-starting the Bolshevik Revolution”.

The second one says, “I’m going to beat Donald Trump by breaking up the big banks and sticking it to the man.”

The third one says, “I’ll be in my trailer. Call me on the horn when they’re ready for my cameo in ‘The Way We Were’.

Her underlying point is that the current Democratic candidates show no unifying message. That partly explains why the top four are polling at close to the same numbers. Democrats need to answer the question: Who can deliver a knockout punch to Donald Trump, and repudiate what the Republican Party currently stands for?

Wrongo posted about Economic Dignity last spring. It’s from an article by Gene Sperling, Obama’s Director of the National Economic Council. His take is that the Fed and Congress should implement a full employment monetary and fiscal policy that enables tight labor markets.

Sperling says that implementing the idea of economic dignity would lead to higher wages, and give employers greater incentive to provide advanced training to their employees. And, high demand for labor would give more workers more of the “take this job and shove it” leverage that’s lacking today.

We’ll need more: America needs a return to what Paul Collier calls the “cornerstones of belonging”— family, workplace, and nation, all of which are threatened by today’s market-driven capitalism.

That’s a unifying message for Dems. Hidden behind that message is the idea that America has to return to the ethics of the New Deal. Joseph Stiglitz, Nobel laureate in economics, says: (parenthesis and emphasis by Wrongo)

“Over the past half-century, Chicago School economists, (including Milton Friedman) acting on the assumption that markets are generally competitive, narrowed the focus of competition policy solely to economic efficiency, rather than broader concerns about power and inequality. The irony is that this assumption became dominant in policymaking circles just when economists were beginning to reveal its flaws.”

Stiglitz says we’ll need new policies to better manage capitalism. That means:

  • Dealing with the inequities in health care
  • Paying workers more
  • Rebuilding public assets like roads
  • Passing higher taxes on corporate profits and the incomes of the wealthy

The unifying message is that Democrats will provide Americans with a legal and political framework that allows people to provide better opportunity for their families.

Better opportunity is something all of America wants to believe in.

So, if the Democrats want to win big enough to silence the GOP, the 2020 Democratic Party nominee for president must excite Americans by showing them a path to a better future for their families. Emphasis on the “excite”.

We’re not going to get there by marching with pitchforks. We’re not going to get there with Biden’s nostalgia. We’re going to get there by speaking directly to the needs of America’s families, workplaces and nation.

Not by continuing the tiresome, wonkish recitation of “my policy is slightly better than yours”.

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Trump Tries Extorting Iraq

The Daily Escape:

Kaskawulsh Glacier, Kluame NP, Yukon, CN – 2019 aerial photo by Picture Party

Last Saturday, the WSJ reported that the Trump administration had warned Iraq that it might shut down Iraq’s access to its account at the Federal Reserve Bank of New York (FRBNY), if Baghdad carries through on its threat to kick out American forces.

Iraq, like most other countries, maintains accounts at the New York Fed as an important part of managing the country’s finances. This account receives revenue earned from foreign trade, including in Iraq’s case, sales of oil. Loss of access to their accounts would restrict Iraq’s ability to use their funds to settle foreign transactions, or to repatriate funds needed in their domestic economy. AFP, citing an unnamed Iraqi official, reported that the balance stands at about $35 billion.

From the WSJ:

“The New York Fed provides banking and other financial services for around 250 central banks, governments and other foreign official institutions, such as the account owned by Bangladesh from which North Korean agents were able to steal $81 million in 2016, U.S. officials have said.”

The FRBNY has the authority to freeze accounts under US sanctions law, or if it has reasonable suspicion that use of the funds could violate US law.

This financial threat isn’t simply theoretical: Iraq’s financial system was squeezed in 2015 when the US suspended access to the central bank’s account at the FRBNY for several weeks over concerns the cash was filtering from Iraqi sources through loosely regulated Iranian banks and on to ISIS.

We’ve occasionally frozen foreign countries’ assets, in both the Federal Reserve Bank and in US commercial banks, typically when a country has engaged in illegal activity, or when a revolution has occurred. We did this after the overthrow of the Shah of Iran in 1979. Those funds were released by the Obama administration in 2017, when the US unfroze some $150 billion in Iranian blocked assets as part of the Iran nuclear deal.

Iraq is a weak nation with a fragile economy, so it has to take the US threat to freeze its central bank’s assets at the Fed very seriously. Freezing their account would also end any semblance of a friendly relationship between it and the US. It could also become a challenge for the US if Russia and China stepped in to rescue Iraq by weakening the role of the US dollar as the global reserve currency, that is, a currency used to settle foreign trade obligations.

America has become enamored with stopping the global free flow of funds for regimes it doesn’t like. Our sanctions regime is used so frequently that it is difficult to get an overall list of individuals and organizations that are under sanction. The US government maintains a sanctions search engine here.

Interrupting the flow of international settlements by the US has caused competitor countries to try to establish settlements in currencies other than the dollar. To date, there hasn’t been much success. Wolf Richter reports that the US dollar’s share of global reserve currencies has fallen from 65% in 2014 to 61.8% today, with the Euro in 2nd place and the Yen in 3rd.

Will the downward trend of the dollar as a reserve currency continue? Possibly, but if the US continues to act to restrict money flows, it will occur faster and more sharply than it might otherwise.

There is a kind of desperation in Trump’s threat. We’ve spent 18 years in Iraq and it comes to this? Critics of the threat say that it amounts to blackmail, or extortion. Wrongo believes he’s recently heard this about Trump and another country, too.

Is this desperation President Trump’s, or is it a reflection of a deeper desperation on the part of the US ruling elite? Are we seeing the beginning of the end of US omnipotence through the dollar’s role as the dominant global trading currency?

Is it wrong to bring up how Republicans attacked Obama for “abandoning” Iraq even though Iraq wanted us out in 2010? The GOP saw the US leaving Iraq as a mistake. They were glad when we were invited back to help defeat ISIS. Now, the question is: Will we leave under a Republican president?

How would Trump react if a local armed resistance against a US occupying force in Iraq used force of its own to try and get their money back?

Are we really going to punish Iraq because they have asked us to leave?

Isn’t it their country?

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