Category: Politics

Cartoons Of The Week – June 9, 2024

(There will not be a Monday Wake-up Call column this week)

The WaPo wrote about a recently-retired DC Circuit judge David Tatel, who had some harsh words for the current justices on the Supreme Court. Tatel says that he stepped down from the US Court of Appeals in January in part because he was tired of having his work reviewed:

“….by a Supreme Court that seemed to hold in such low regard the principles to which I’ve dedicated my life….It was one thing to follow rulings I believed were wrong when they resulted from a judicial process I respected. It was quite another to be bound by the decisions of an institution I barely recognized.”

More:

“Tatel’s commentary is notable because he only recently left the bench, and because he prided himself on judicial restraint and for his friendships with judges nominated by Republican presidents while serving on the influential federal appeals court in DC.”

The majority of the justices on this Court have lost most, if not all, of their credibility. When you take money from vested interests with issues before the court, fly partisan flags on your homes and blame it on your wife, or when you state you will not overturn judicial precedent in your confirmation hearings, and then turn around and do just that – that is when you lose all credibility.

On to cartoons. It is difficult to know which is more stunning, the hypocrisy or the ignorance:

But let’s cast a vote for hypocrisy:

And still more hypocrisy:

Must keep our priorities in order:

If only:

Few of the WWII vets remain:

We may never again see this kind of heroism or putting country above self:

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Can You Sell Just Five Percent Of Your Soul To Satan?

The Daily Escape:

Sunrise, Duck, NC – June 2024 photo by Nate Waddell

This should be a trivial story, except it isn’t. The WaPo reported this week that two former law enforcement officers who defended the US Capitol from rioters on Jan. 6 were jeered on Wednesday by state GOP lawmakers during a visit to the Pennsylvania’s House of Representatives:

“Former US Capitol Police officer Harry Dunn and former sergeant Aquilino Gonell were introduced on the floor Wednesday as “heroes” by House Speaker Joanna McClinton (D) for having “bravely defended democracy in the United States Capitol against rioters and insurrection on January 6. As the two men — both of whom were injured by rioters on Jan. 6 — were introduced, the House floor descended into chaos. According to Democratic lawmakers, several GOP lawmakers hissed and booed, with a number of Republicans walking out of the chamber in protest.”

In this specific instance of MAGA misbehavior, two things are significant. First, the Pennsylvania House has 203 members split between 102 Democrats and 101 Republicans. This is very similar to the polarizing political split in the US House. Second, MAGAs acting out underscores just how polarizing the Jan. 6 insurrection has become with Republicans.

Once again, we’re seeing that MAGA Republican politicians support very few of the historical guardrails of our politics. Wrongo used to think that most Republicans were sincere in their beliefs in a certain moral standard; in fiscal responsibility, in honoring those who served in the military, and respecting police officers and other authority. But over time, every one of those supposed standards has been trampled, and while Trump has been the single biggest perpetrator, all of today’s the loudmouth grifters on the Right also share in this ignominy. It’s doubtful that any argument they make is in good faith.

The irony is that the MAGA Republicans readily abandoned their long-standing heritage of freedom, of democratic rule, of the fundamentals of law dating from the Magna Carta, and of British common law. They’ve replaced it all with the Ethos of Trump. Their patriotism, like Trump’s business prowess, is a sham. Its disposable if political advantage is on the line. See Sen. Tommy Tuberville’s (R-AL) opinions on Ukraine if you doubt this.

And commitment to the principle of equal justice under law? That has been replaced with the saying: “For my friends, everything, for my enemies, the law.”

It’s nothing short of amazing how otherwise principled Republican politicians have flocked to Trump’s side. Their moves started slowly, but picked up steam during his presidency. Now they’re fully espousing whatever Trump says. And since his conviction in NY for fraud, it seems revenge is what’s driving them. Their willingness to shrug off a jury’s ruling and characterize it as illegitimate isn’t a new demonstration of their disregard for the rule of law. We’ve already seen this disregard in two impeachment trials, and in their disavowing any importance to the Jan. 6 attempted insurrection.

The MAGA movement has become a full-blown fascist enterprise before our eyes. The response we’re seeing to Trump’s conviction is bringing it more out in the open. Despite all of Trump’s bankruptcies, his greatest achievement in bankruptcy is in his completing  the moral bankruptcy of the Republican Party. But Republicans still hope to re-elect their convicted leader to the White House. Now a felon, Trump cannot possess a gun, but they want to hand him the US military and nuclear arsenal.

Republicans ought to know that there’s no such thing as selling five percent of your soul to Satan. More likely, the Devil is in a Rent-to-Own relationship with the GOP.

Some decent news for your Saturday. Post the Trump verdict, the NYT resurveyed the participants in its last poll of 2,000 people. They found a perceptible shift toward Biden. It was only a couple of points but what’s meaningful about it is who shifted. Nate Cohn wrote:

“Perhaps not surprisingly, the swings were relatively pronounced among young, nonwhite, less engaged and low-turnout voters. In fact, 20% of Mr. Trump’s previous supporters who are Black now say they back Mr. Biden.”

Overall, Mr. Trump retained 93% of voters who told the NYT that they backed him in a previous survey. But in a close election, losing 7% of your supporters could be decisive. More:

“A potentially crucial sliver of Mr. Trump’s former supporters — 3% — now told us they’ll back Mr. Biden, while another 4% say they’re now undecided.”

Also, Trump only leads Biden by 4 points in Florida in the latest poll of the state by Fox News:

Biden is just outside the margin of error, but both of them have slipped slightly since the 2020 election. It should give some faint hope to Democrats, since Florida also has a November ballot initiative that would restore abortion rights. If the Florida initiative passes, abortion will be legalized up to 24 weeks. If it gets anywhere near the 60% required to become law, Biden has a chance in Florida. Trump doesn’t have a path to 270 electoral votes without Florida!

All we have to do is vote.

As usual, we’re heading into the weekend with mostly bad and a smattering of good news. It’s now time for our Saturday Soother, where we unplug from the social media that’s trying to murder our brains, and instead, spend a few moments of relaxation. Here on the Fields of Wrong, we’re attempting to turn a ½ acre patch of our lawn into a meadow that will attract pollinators. So far, the grass is very tall, and there are occasional flowers in bloom. Wrongo planted a few more this week, disturbing the bluebirds in one of our nest boxes in the process.

It’s going to be sunny and warm in the Northeast, so grab a seat under a tree. Now, watch and listen to the late, great Jeff Beck perform “Nessun Dorma”, on the Fender guitar. It’s the wildly popular aria from Puccini’s opera “Turandot” played here at the Crossroads Blues festival in February 2010. Beck also performed “Nessun Dorma” on many other stages. Beck died in January 2023. At the time, a fellow musician said…”If you haven’t heard this version of Nessun Dorma you need to because it can move you to tears.” Strongly recommended:

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The Pro-Abortion Political Movement

The Daily Escape:

Artichoke blossom, Imperial County, CA – June 2024 photo by Paulette Donnellon

The repealing of Roe v. Wade via the Dobbs decision has helped create a dynamic new political movement: A revolt of millions of Americans (predominantly women) who think government has no business inserting itself into a woman’s personal decisions. This is going to be an important factor in the 2024 elections as it was in 2022.

The Economist says that only:

“….ten thousand women eligible to vote in this November’s elections were born before women won the right to vote. In the century since then, American women have steadily accumulated rights. In the 1960s the contraceptive pill let women choose how many children they had. In the 1970s no-fault divorce laws and Roe v Wade gave women more choices that had been denied to their mothers. This progress seemed irreversible, and was often taken for granted.”

Then it was time for the Trump-appointed Conservative Supreme Court majority to do what it had been hired to do: Overturn a woman’s right to an abortion. More from The Economist:

“A third of American women aged 15-49 now live in states where abortion is either illegal or impossibly restricted.”

These people are leading the biggest voter rebellion since the Tea Party movement in 2009.

Surprisingly, the number of abortions in the US has risen slightly since the Court’s decision, mostly due to the availability of the drug Mifepristone, which can be prescribed by mail. Medication abortions now account for about 63 percent of pregnancy terminations nationwide. The legality of Mifepristone is also currently under review by the same six Conservative justices. That decision could come down as early as today, and certainly by early July.

What a country! Americans have grown used to the idea that every spring, we wait for 9 unelected government officials with lifetime jobs to tell us what kind of country we’re going to live in. Elections should serve this purpose, and we the people should be doing the telling.

But that revolution remains in our future. What is part of our present is an attempt by House Democrats to force a vote on codifying the right to birth control access nationwide. From the NYT: (brackets by Wrongo):

“The [Democrat’s] maneuver, through a procedural move known as a discharge petition, is all but certain to fail for lack of Republican support, but that is by design. It is part of a broad election-year push by Democrats to highlight Republicans’ record of opposing abortion rights and other reproductive health choices that voters fear will be stripped away following the fall of Roe v. Wade.”

The Senate Democrats also plan to force a vote on an identical contraceptive access bill, which once again, Republicans are expected to block. This coordinated push shows that Democrats regard access to abortion and contraception options as a key issue that will show a contrast with Republicans this fall.

We’ve seen that the Dobbs decision caused an immediate political reaction. Six states have held referendums on abortion, and in all six, the abortion rights side prevailed. A potential problem for anti-abortion Republicans is that referendums to legalize abortion could be on the ballot in up to 16 more states.

Abortion rights campaigners already have enough signatures to get on the ballot in a few states, including Florida. That state is crucial because it was the abortion destination for many women in the South until May 1st, when it outlawed most abortions after six weeks. If the Florida initiative passes, abortion will be legalized up to the point of viability, roughly 24 weeks. Democrats vainly hope the issue has put Florida in play in the presidential election, although it must pass by 60% to become law. It can easily impact the elections in Arizona and other states. More:

“In only two of the six states that have held referendums, California and Vermont, did the abortion-rights side get such a large share. When Michigan held its referendum in 2022, 57% voted in favor of protecting abortion even though 63% broadly supported the procedure, a rate similar to Floridians.”

That means we’re in the middle of a vast political battle that parallels the presidential battle. Outside groups are pouring tens of millions of dollars into competitive House districts to amplify the message. The main super PAC supporting House Democrats last month announced a new $100 million fund focusing on abortion rights in swing districts.

And the group Americans for Contraception plans to spend more than $7 million on television and digital ads, targeting Republicans in the Senate who vote against the bill and House members who do not sign the petition.

A few voters could be pulled away from the Republicans. More from The Economist: (emphasis by Wrongo):

“The midterm elections in 2022 hinted at that….Although only 14% of registered Republican voters were upset about the Dobbs ruling, a quarter of that group voted for a Democrat in their House district…. Republicans and independents who saw abortion as an important issue were more likely to vote for Democrats in 2022 than two years earlier.”

That equals 3.5% of Republicans, and may be among the reasons a predicted “red wave” lifting Republican candidates failed to appear in 2022.

Republicans are in a bind on reproductive rights. They can’t reconcile their Party’s hard-line policies on women’s health and they’re out of step with the vast majority of the country. Despite that, they continue to try to tuck anti-abortion policies into pending legislation.

However the 2024 elections pan out, the anti-Dobbs movement represents something different in US politics. Unlike the Republicans, it isn’t a group of keyboard warriors vying for attention or grift online. Instead it’s people giving up their weekends and evenings to try to persuade their neighbors about an idea they hold deeply.

And it isn’t simply a political cause about a single issue. It’s many issues: The right to live, the right to privacy for medical procedures, the right to not be forced by the state to undergo unnecessary physical or mental injury.

Like most successful revolutions, it’s participatory and local. It is how democracy in America was designed to work. Help it succeed in November!

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Will The Guilty Verdict Matter?

The Daily Escape:

Sunrise, Cundy’s Harbor, ME – May 2024 photo by Eric Storm Photo

Everyone’s talking about it. Apparently, as with everything political, there are two sides. In real life, Trump was found guilty. For those of you who feel good about what the jury decided, Wrongo would give you all a big hug if you were nearby. In the Republican parallel universe however, he’s the victim of a Communist show trial. Wrongo hasn’t seen this many White men cry since Larry Bird retired. Don’t be surprised if the verdict caused Martha-Ann Alito to lower her “Stop the Steal” flag to half-mast.

You may not have already heard, but one of the jurors who voted to convict Trump regularly gets their news from Truth Social and Fox, meaning against all odds, they were convinced by the evidence. That was most likely the juror Trump was counting to deliver a hung jury.

At the Mansion of Wrong, we opened a bottle of good champagne.

In a nutshell, the reality facing Americans in the presidential election is that one of the two main contenders is a felon whose campaign is based on claiming the system is rigged. From Ed Luce in the Financial Times (paywalled):

“The Republican party’s nominee now joins his former campaign manager, senior political adviser, chief White House strategist, and national security adviser as a convicted criminal. The jury’s speed and unanimity leave little doubt about the watertightness of the verdict.…No matter what his lawyers advise, Trump’s court of appeal will be the US electorate.”

What happens between the guilty verdict in New York and inauguration day on January 20, 2025 will be a comprehensive stress test of American society. The decision will be made by the individual votes of the 244 million citizens who are eligible to vote, many of whom will stay home rather than vote.

November 5th, 2024 isn’t the end point of this struggle because if the election outcome is disputed, societal forces beyond the courts and the ballot box will again come to draw up sides, as they did in the interregnum between November 2020 and January 2021.

The verdict matters. But is it enough to be decisive? The jury is, well, still out on that, and will be until November. But the verdict is a welcome outcome if you’re anti-Trump. It pierces Trump’s preferred narrative that he’s a winner and it’s plausible that it will depress some margin of potential Trump swing voters while activating the Democratic base.

Biden should seize the moment. He doesn’t need to speak about the details of the NY case, except to profess his faith in the judicial system and his respect for our fellow citizens who served on the jury. He doesn’t have to engage with the hysterical Trump defenders, except to point out their dangerous demagoguery and un-American attacks on our legal and judicial system.

Trump OTOH, can bitch and moan about unfairness all he wants, but only losers do that. And if you’re explaining, you’re losing. So while we should expect Trump’s conviction to have a very small effect on MAGA Republicans, it will be repellant to most centrists. By contrast, the verdict will be a heartening reminder to liberals and anyone invested in responsible government that the system can still work.

But first let’s take a deep breath and let this uplifting moment wash over us. Now, agree to start every conversation about him by saying:  “Convicted Felon Donald Trump…”.

From Dan Pfeiffer:

“A lot of polling shows that a conviction is bad news for Trump. The highly respected Marquette University Law School poll recently did a split-sample. The first group was asked “If it turns out that Donald Trump is found guilty in his New York trial, would you vote for Joe Biden or for Donald Trump?” Biden led Trump 43-39. The other group was asked “If it turns out that Donald Trump is found not guilty in his New York trial, would you vote for Joe Biden or for Donald Trump?” In that group, Trump led 44-38.”

Other polls are similar. CNN released a poll in late April that offered some interesting details on the voters who could abandon Trump if convicted:

“They tend to be younger than other Trump supporters (64% are younger than 50 compared with 37% of those who would not reconsider), are less likely to be White (49% are people of color compared with 17% of those who would not reconsider), are more apt to report being Biden voters in 2020 (20% of them say they backed Biden in 2020 vs. 6% of those who would not reconsider) and are likelier to acknowledge that Biden legitimately won enough votes to win the presidency four years ago (63% vs. 22% among those who would not reconsider). They are also more apt to be politically independent (49% vs. 31%) and ideologically moderate (50% vs. 38%).”

These are some of the same voters who supported Biden in 2020 but who might defect in 2024. We need to remember that Trump is very good at distracting people from his problems by creating new ones, and most voters have very short attention spans.

America no longer has political guardrails. We no longer have standards which are bottom-line required in order for someone to be considered an admirable person. Apparently, a significant percentage of us are willing to elect anyone who yells the loudest or lies the most.

Still, there’s nothing but upside in believing Trump’s conviction will matter. Because if that turns out to be wrong, America will no longer be a place where it’s worth living.

Sadly, Wrongo has no plans for leaving it.

So it’s time for our Saturday Soother, where for the first time in forever, we can stay plugged into the news and talk about what’s going on with our friends and family. But we still need to take a few moments to consider the upcoming week and what it can mean for the nation. Since there’s beautiful weather in the northeast, start by grabbing a seat outdoors in the shade. Now, watch and listen to two musical performances.

First, “Song from a Secret Garden”, from an album by the Norwegian group, Secret Garden. Their music is sort of neo-classical new-age compositions. Here it is performed in 2022 by the Millennium Symphony Orchestra, a Korean group with solo Cello by Yoon Kyung Cho. It’s a lovely arrangement:

Second for levity, watch and listen to “I fought The Law” by the Bobby Fuller Four from 1966. The tune was written by Sonny Curtis of the Crickets and covered by the Bobby Fuller Four. Their version of the song was ranked No. 175 on the Rolling Stone list of The 500 Greatest Songs of All Time in 2004:

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Cartoons Of The Week – May 26, 2024

The Republican War against women continued as Louisiana became the first state to criminalize abortion pills. The state’s Republican governor Landry signed a bill classifying mifepristone and misoprostol, two drugs used to induce medical abortions as controlled substances.

That puts the abortion pills in same category as anti-anxiety medications Xanax and Valium. The law makes it a crime to possess them without a prescription or outside of a professional medical practice, punishable by one to five years in prison and fines of up to $5,000.

The law will also make it harder for people who need misoprostol for other conditions. The drug is used to induce labor, treat miscarriages, reduce the risk of serious bleeding from ulcers and other indications. This is yet another reason for women everywhere in America to turn Republican legislators out of office.

And we’ve ended another week of decidedly ordinary cartoons, with many about Supreme Court Justice Samuel Alito and his flags. On to cartoons.

What the future is for women in Louisiana:

Then and now, where “then” wasn’t long ago:

The Red Flags are there. What should we do?

Alito is sitting pretty:

In a not-so-unlikely future:

Haley backtracks on Trump:

Why do Republicans always minimize the Trump outrage du jour?

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Is Biden Doing As Badly As The Media Says?

The Daily Escape:

Wisteria, Seattle Japanese Garden – May 2024 photo by Lisa Ketchum

(New columns may be light and variable for the rest of the week as Wrongo and Ms. Right visit family in New England)

Wrongo and Ms. Right spent Sunday celebrating the college graduation of a granddaughter-in-law. That led to some discussion about the current wave of campus demonstrations and how college students seem so lukewarm about Biden.

Wrongo asked if anyone was aware that Biden had delivered the commencement address at Morehouse College in Atlanta, GA earlier that day. Morehouse is one of the HBCU’s (Historically Black Colleges and Universities). None of them knew he was even speaking at a graduation. And given the uproar on campuses across the nation and what we’re hearing about how Black people are moving away from Biden, their thought was that it wasn’t going to be a good day for Biden.

Turned out that Biden had a pretty good day at Morehouse. From Simon Rosenberg:

“Yesterday, President Biden gave what I think is one of the most important speeches of his Presidency.”

As with the presidential debates, in this election year, every Biden speech is pitched by the media as a “make or break” event for Biden as The Atlanta Journal Constitution reports “Biden delivers high-stakes commencement address at Morehouse College”.  But as Xitter commenter Scary Lawyer Guy says:

“Of the many double standards employed by the media, Biden needing every speech to be some combination of Lincoln and Cicero while Trump’s public appearances are 90 minutes of word salad, non sequiturs, and dictatorial musings that get no push back, is among the worst.”

Wrongo is still looking for an explanation why every news event is somewhere between a “test” for Biden or a “danger” to his candidacy. You can watch Biden’s entire Morehouse speech here. It was a good speech and an important moment in Biden’s campaign for reelection.

There is some truth to recent polling that shows Biden in difficulty with college students. Pew has a poll showing that younger Americans think Biden favors the Israelis too much (36%), while just 12% of young adults say he’s striking the right balance in the Israel-Hamas war:

These kinds of polls are why the media are concerned about Biden’s popularity, but 41% of those same students say that they’re “not sure” how Biden is doing. That’s five points more than the number who believe he’s doing the wrong thing. And for “all adults”, the favoring the Israelis too much is only at 22%, with the “Not Sure” holding at 40%, eighteen points more than those who dislike what Biden is doing.

Time to wake up, America! As Daniel Miller said after Biden’s speech:

“The media must do better. We all must do better. We cannot allow these lies that have poisoned the minds of the American public to continue unchallenged. We must challenge these lies and we must get the American people to see the truth.”

To help you wake up on a Tuesday morning, watch and listen to “Long Distance Call” from the new album “Sam’s Place”, the first Little Feat album in 12 years. The album title is for Sam Clayton, a Little Feat original who wanted to have Little Feat do an album of blues covers. “Long Distance Call ” was written by blues legend, Muddy Waters, and it has Clayton and Bonnie Raitt on vocals. It was recorded in Memphis TN at the old Sam Philips Studios and Sam and others in the band played on the same old piano that Jerry Lee Lewis played, decades ago:

Sample Lyric:

“I might buy you a brand new Cadillac, baby
If you only speak some good words about me…”

What’s the possibility that the media will find some good words to say about Biden?

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Can We Make Billionaires Pay More Taxes?

The Daily Escape:

Sunrise, Cundy’s Harbor, ME – May 2024 photo by Eric Storm Photo

Economist Gabriel Zucman is a proponent of a global wealth tax. His column in the NYT explains what that is and how it would work:

“Until recently, it was hard to know just how good the superrich are at avoiding taxes. Public statistics are…quiet about their contributions to government coffers….Over the past few years…scholars have published studies…attempting to fix that problem. While we still have data for only a handful of countries, we’ve found that the ultrawealthy consistently avoid paying their fair share in taxes.”

The problem of billionaires paying very little in taxes is international. In the US, the problem is that billionaires rarely have any salaries to speak of:

”Why do the world’s most fortunate people pay among the least in taxes, relative to the amount of money they make? The simple answer is that while most of us live off our salaries, tycoons like Jeff Bezos live off their wealth. In 2019, when…Bezos was still Amazon’s chief executive, he took home an annual salary of just $81,840. But he owns roughly 10% of the company, which made a profit of $30 billion in 2023.

If Amazon gave its profits back to shareholders as dividends, which are subject to income tax, Mr. Bezos would face a hefty tax bill. But Amazon does not pay dividends to its shareholders. Neither does Berkshire Hathaway or Tesla. Instead, the companies keep their profits and reinvest them, making their shareholders even wealthier.

Unless…Bezos, Warren Buffett or Elon Musk sell their stock, their taxable income is relatively minuscule. But they can still make eye-popping purchases by borrowing against their assets. Mr. Musk, for example, used his shares in Tesla as collateral to borrow $13 billion to put toward his acquisition of Twitter.”

Slashing the corporate tax rate and getting rid of the estate tax have also had dire effects in terms of wealth distribution:

“Historically, the rich had to pay hefty taxes on corporate profits, the main source of their income. And the wealth they passed on to their heirs was subject to the estate tax. But both taxes have been gutted in recent decades.”

In 2018, under the Trump administration, the US cut its maximum corporate tax rate to 21% from 35%. And the estate tax has almost disappeared. Relative to the wealth of US households, it generates only a quarter of the tax revenues it raised in the 1970s.

The effective tax rate (the percentage of someone’s total income that they paid in taxes in all forms) is now lower for the 400 richest American billionaires than it is for the bottom 50% of income earners. Here’s the effective tax rate in 1960 and 2018 for these two groups respectively:

Source: NYT

The US national debt is $35 trillion, almost all of which we acquired during the same period as the reduction of taxes on the rich. That isn’t a coincidence. And since capital and people are both completely mobile, the problem of taxation of wealth doesn’t end at our borders. More from Zucman:

“There is a way to make tax dodging less attractive: a global minimum tax. In 2021, more than 130 countries agreed to apply a minimum tax rate of 15% on the profits of large multinational companies. So no matter where a company parks its profits, it still has to pay at least a baseline amount of tax under the agreement.”

Zucman is proposing we apply a similar minimum tax to billionaires:

“Critics might say…this is a wealth tax, the constitutionality of which is debated in the US. In reality, the proposal stays firmly in the realm of income taxation. Billionaires who already pay the baseline amount of income tax would have no extra tax to pay. The goal is that only those who dial down their income to dodge the income tax would be affected.”

Critics of a minimum tax say it would be hard to apply because wealth is difficult to value. But according to Zucman’s research, about 60% of US billionaires’ wealth is in stocks of publicly traded companies. The rest is mostly ownership stakes in private businesses, which can be assigned a value by comparing them to the value of similar firms.

But the big issue is how to get broad international participation in this billionaire’s minimum tax. In the current multinational company minimum tax agreement, participating countries are allowed to overtax companies from nations that haven’t signed on. This incentivizes every country to join the agreement or lose tax revenue.

The same mechanism could be used for billionaires. For example, if Switzerland refuses to tax the superrich who live there, other countries could tax them on its behalf. Countries such as Brazil, have shown leadership on the issue, and France, Germany, South Africa and Spain have recently expressed support for a minimum tax on billionaires.

This is far from a done deal, although Biden has proposed a billionaire tax with similar objectives. And Zucman’s proposed tax wouldn’t impact the ordinary rich. He says there are about 3,000 people who would be required to give a relatively small bit of their profits back to governments.

Zucman’s closing words:

“The idea that billionaires should pay a minimum amount of income tax is not a radical idea. What is radical is continuing to allow the wealthiest people in the world to pay a smaller percentage in income tax than nearly everybody else.”

Great idea, one that almost everyone agrees with, EXCEPT those who have the power to do something about it. We’re looking at you, Republicans! Also, when a significant percentage of the (relatively) poor in this country support Trump who is dedicated to cutting taxes for the rich, is there any hope that taxes will be raised on the wealthy?

That’s more than enough thinking for this week. It’s time for our Saturday Soother, where we attempt to ignore the latest about the campus protests, or whatever else Gov. Kristi Noem is training her gun at, and gear up for another week in the political and cultural wars.

Here on the Fields of Wrong, the crab apple trees are in full bloom along with our weeping cherries. There is still plenty to do if we are to finish our spring cleanup before summer.

But, before we start down that backbreaking path, let’s grab a mug of coffee and a seat outside. Now watch and listen to Luigi Boccherini’s “Guitar Quintet No. 4 in D major “Fandango”, G.448”, recorded in the Unser Lieben Frauen Church, in Bremen Germany in 2019. Boccherini was an Italian composer and cellist. He wrote a large amount of chamber music, including over one hundred string quintets for two violins, viola and two cellos:

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Cartoons Of The Week – April 28, 2024

(The Monday Wake-Up Call will appear on Tuesday)

Many cartoons this week about the Supreme Court’s ridiculous views of presidential immunity. As reader TMcK says:

“They are creating some grand explanation for what is a way to avoid admitting the fruit of the conservative movement is something vile and corrupt.”

On to cartoons. Why is Clarence Thomas allowed to hear this case?

Supremes get behind delaying the Jan. 6 trial:

Supremes seem to agree Trump is above the law:

NY judge seems reluctant to find Trump in contempt:

Are the student protests as bad as the media is portraying them?

 

The campus demonstrations seem more like Occupy Wall Street than a political movement:

TikTok ban signed by Biden. Politicians once again focus on the wrong thing:

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Thoughts On The Student Protests

The Daily Escape:

Orca #T99C Barakat breaching very near shore, Point No Point Beach, WA – April 2024 photo by Hongming Zheng. Yes, the Orca was really that close. The photographer says it was about 10’ from shore.

The US media is giving front-page treatment to the wave of pro-Palestinian protests on university campuses across America. From the NYT:

“University administrators from Texas to California moved to clear protesters and prevent encampments from taking hold on their own campuses as they have at Columbia University, deploying police in tense new confrontations that already have led to dozens of arrests.”

More:

“At the same time, new protests continued erupting in places like Pittsburgh and San Antonio. Students expressed solidarity with their fellow students at Columbia, and with a pro-Palestinian movement that appeared to be galvanized by the pushback on other campuses and the looming end of the academic year.”

Protesters are saying that their demands include divestment by their universities from companies connected to the Israeli military campaign in Gaza, disclosure of those and other investments and a recognition of the continuing right to protest without punishment.

There are many questions raised by these protests. Does protesting by students against what Israel is doing in Gaza equate to antisemitism? Are the protesting students’ free speech rights being violated by the several universities when they are arrested for peaceably protesting?

Wrongo hates writing about Israel and Gaza. It’s very emotional on both sides, maybe more than for any other topic. It’s possible to be accused of being complicit in a genocide and/or accused of being insensitive to the killing of Jews or of being antisemitic.

From Margret Sullivan:

“Can we be clear about a few things? Protesting this slaughter is not expressing antisemitism. It is not engaging in hate speech. It is not endangering Jewish students. It is doing what should be done on a college campus — taking a stand against a perceived wrong, at least provoking discussion and debate.”

Wrongo thinks students have a right to protest. As Robert Reich says:

“The most important thing I teach my students is to seek out people who disagree with them. That’s because the essence of learning is testing one’s ideas, assumptions, and values. And what better place to test ideas, assumptions, and values than at a university?”

Non-violent student activism is a great way to learn and to participate in our democracy. While activism shouldn’t violate school rules, if you are a student and your school makes rules about student protests like: “you can’t protest on this lawn or at this time,” and you break that rule, you should be prepared to get suspended or arrested.

The schools are responsible for not making rules that effectively restrict or end student activism. And students are responsible for following all reasonable rules.

But there’s another big question: Why are the media and politicians treating these protests as very important problems? It’s true that the Israel/Gaza war is very important. It could plausibly lead to a regional war or even to a wider war. But what’s happening on college campuses in the US is relatively minor, particularly if they’re compared to the student protests during the Civil Rights era or during the Vietnam era.

Yet, the Israel/Hamas war and the campus protests about it are receiving nearly the same amount of media coverage. We never see headlines that read “Another Peaceful Day On 99% Of US College Campuses” even though that headline could run on any day of the year. This is the shape of the media today, and it’s difficult to understand why so many reporters and politicians are  so deeply concerned with a relatively minor story. More from Robert Reich:

“Education is all about provocation. Without being provoked — stirred, unsettled, goaded — even young minds can remain stuck in old tracks.”

Protests that call for boycott, divestment and sanctions are perfectly rational ways to protest Israel’s war against Hamas. However, getting Columbia (or other universities) to sell an investment in a US defense contractor, or in an Israeli company isn’t going to change anything.

Also, it’s a stretch for protesters to say that any university, its professors or anyone on its faculty are “complicit” in anything Israel decides to do in Gaza. But, non-violent forms of protest offer important objections to policy. And when the university criminalizes or stifles non-violent protests, that often leads to violent protests instead.

In the Columbia University case, its president called in the police (against the vote of the University council) telling the NYPD that the students had been suspended and thus were trespassing. But at that point, the students had not yet actually been suspended, although they WERE arrested. Then Columbia suspended them because they had been arrested:

“The suspension notices that the students received now cite the arrests themselves as part of the cause for suspension. In other words, the logic was circular. They called in the New York Police Department on the premise that the students were trespassing, when they hadn’t yet been suspended…”

Perfectly circular logic. If campus authorities need to act to protect the safety of any of their students, then they should. But when a university is facing pressure from pro-Israel donors and elected officials to shut down the protests, because the powerful find the protesters and their demands offensive, the university goes too far.

If that isn’t bad enough, consider Sen. Tom Cotton (R-AR): (emphasis by Wrongo)

“On Monday, the Arkansas senator demanded that President Joe Biden send in the National Guard to clear out the student protests at Columbia University against the Israel-Hamas war, which he described as “the nascent pogroms at Columbia.”

Nascent Pogroms? What is Cotton seeing at Columbia that the rest of us aren’t seeing? Apparently every Republican Senator knows that the military must be called in to end left-wing insurrections, but never for right-wing ones! We should understand that there’s a possibility that any military response might lead to Kent State 2.0.

A final thought. We need to differentiate between protestors who show up and do terrible things and the idea that the current rules of discourse focus mainly on the complainant’s subjective state of mind (“I felt unsafe!”). Without turning this into a rant, once a member of any so-called victim class makes that accusation, the burden of proof falls on the accused to prove they didn’t do something wrong. They have to prove a negative. That’s a game that the accused can rarely win.

That isn’t to say that some students aren’t doing objectively awful things during protests.

The vast majority of student protesters probably are good kids who are horrified by the things they see happening in Gaza. They log onto social media and see heartbreaking videos and feel compelled to do something, even though as individuals they are powerless. That’s a normal human, empathetic reaction to war. War is horrific.

Having that reaction doesn’t automatically make them Jew-hating terrorist-lovers.

What’s past is prologue. Remember how protests morphed into killings at Kent State and elsewhere in 1970? Today’s demonstrators aren’t trying to avoid getting drafted for the Vietnam War; they’re protesting what they see as a genocide in the Middle East.

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Trump’s Constant Financial Lying May Be His Undoing

The Daily Escape:

Saucer magnolia trees, Smithsonian, Washington DC – March 2024 photo via Smithsonian Gardens

Trump has five days to come up with more than a half billion dollars in liquid assets or New York State could begin to freeze some of his bank accounts and seize some of his marquee properties. From the NYT:

“It’s crunchtime for Donald J. Trump….the former president must secure an appeal bond for roughly half a billion dollars in his civil fraud case in New York, a possibility that was called into question on Monday.

In a court filing, Mr. Trump’s lawyers revealed that he had been unable to secure an appeal bond despite “diligent efforts” that included approaching about 30 bond companies.”

This would amount to about 20% of Trump’s total net worth, but as Timothy Noah notes, much of the rest is already spoken for. There’s the $91 million bond he just secured from Chubb for his E  Jean Carroll defamation appeal. And a lot more:

“There’s $392,000 that Trump paid The New York Times…for filing a frivolous lawsuit. There’s $938,000 that a judge last year ordered Trump and his attorney to pay Hillary Clinton for filing a frivolous lawsuit. There’s $382,000 that a London judge earlier this month ordered Trump to pay Orbis Business Intelligence, founded by Christopher Steele (of the ‘Steele dossier’), for filing a frivolous lawsuit. There’s the aforementioned $5 million that Trump paid earlier in the Carroll case. There’s $110,000 in contempt fees that Trump accrued for bad-mouthing New York Attorney General Letitia James during the civil fraud prosecution.”

On top of all that, Deutsche Bank’s loans to Trump require him to maintain $50 million in “unencumbered liquidity” and a minimum net worth of $2.5 billion. He’s likely already in default of those provisions. From Rick Wilson:

“For decades, Donald Trump’s public image as the dealmaker, builder, salesman, and showman was his brand, his most significant asset, and the key to his multifarious con games. He discovered the secret sauce of modern financial alchemy was making it up, relying on the greed and desire of investors and banks to get some of the….Trump glamour. The swagger, the gold leaf, the…biggest, best, tallest, sexiest adjective…of every Trump project attracted bankers and vendors, no matter how rickety…the property or project may have been.”

His serial bankruptcies weren’t some fiendishly clever business practice; he was simply bad at making money on a legitimate basis. For all that, Trump is peerless at convincing people that he is a business genius with no need for their capital…[just] as he asks them for money.”

Did that take a lot of creative accounting? Of course. More from Wilson:

“Was there a yawning delta between what Trump claimed his properties were worth and market reality? Always. Did he tell the banks one thing about valuations when refinancing…and then turn around to tell local and state tax authorities that the same property…was practically…worthless…for their purposes? Naturally.”

Trump’s most successful business has been his email money-raising business that was targeted at lower-and-middle class angry white voters. He asks them to send part of their payroll, social security, and disability checks to him. Now, that big con is falling apart, with the donor list getting exhausted. The Trump base has realized that he’s not financing his campaign, he’s spending the vast majority of their donations on his legal expenses and now, on his fines.

His financial house of cards is falling apart. His always highly-leveraged properties peaked in value pre-Covid, and none could be sold quickly enough or for enough cash to give him the lifeline he needs to pay his mounting judgements and court fees.

He managed to get the Chubb Group to underwrite his bond in the E. Jean Carroll defamation case(s), but 30 lenders turned him down in the business fraud case, and this week, the “billionaire” had to tell the courts he can’t come up with the roughly $500 million he needs to stave off liquidation of some of his assets by NY AG Letitia James.

The truth is that there’s no reason why large financial/bond companies won’t take real estate as collateral for a bond or loan to Trump. The problem is that they WON’T take real estate collateral without a true, accurate, and independent appraisal for the value of the real estate collateral.

But that’s precisely what the NY fraud case found Trump was guilty of doing. Trump can’t offer up those properties to the bonding companies, because it would prove again the state’s case that he fraudulently overstated the values of his NY properties on loan applications and financial statements. It wouldn’t be difficult to sell one or more of the properties in a true arm’s length sale, but Trump would have to face the reality that he inflated their value.

NY AG James and all Democrats should remember that Trump’s properties are physical manifestations of his ego. Trump Tower was the model of that ego for decades. That’s why when Rick Wilson tweeted “Take Trump Tower first” the MAGATs reaction was rage. Apparently this is how the authoritarian addiction plays on their minds; they see his long pattern of fraud as smart business and see Trump’s facing the reality of losing in court as an attack on themselves.

No matter, Trump always portrays himself as a martyr, claiming the deep state is out to get him. But none of it will change that the facts are damning, that the pattern of fraud is explicit and vast, and that Trump is veering towards being cash-strapped. Just when he needs hundreds of millions to run his 2024 presidential campaign.

Depending on how the judgments pan out, Trump might become the first ex-president since Ulysses S. Grant to declare bankruptcy. But bankruptcy isn’t going to save him from having to pay his pre-existing judgements.

The irony here is that even while Trump is being taken down to the studs, he’s still at least even money to win the election in November. What does that say about the American voter in 2024?

Finally, with Trump in financial extremis, anyone who swoops in now to save him by posting half billion dollars is going to do it expecting to be compensated in some way beyond simply the repayment of the loan, if/when he loses his appeal of the fraud conviction.

What would Trump be willing to promise to keep his considerable fat out of the fire? Would Russia do it? What would Putin want? What would Saudi Arabia want? Who else might see an angle in this?

After all, despite how large we think $500 million is, it would be a cheap price to pay for many around the world who would wish trouble on the US.

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