-He is being charged with fraud in connection with Trump University. Eric Schneiderman, the Attorney General of New York, who is prosecuting Trump, told CNN, “If you look at the facts of this case, this shows someone who was absolutely shameless in his willingness to lie to people, to say whatever it took to induce them into his phony seminars. Telling people who are in hard economic times — we’re talking about 2008, 2009 — people desperate to hold onto their homes, to make some money, convincing them that he will teach them his entrepreneurial secrets.”
– Trump Tower was built using undocumented Polish laborers to demolish the building that previously stood on the site. At trial, the workers testified they worked without basic safety equipment like hardhats and gloves and they were supposed to earn $5 an hour from Trump’s low-bid contractor.
But even more telling when it comes to Donald Trump’s disinterest in actual policy is what the 2016 Republican Party platform declared about health care and retirement income for future seniors. After a year of promising Americans he would “save Social Security and Medicare without cuts,” nominee Trump looked the other way as his party’s platform endorsed House Speaker Paul Ryan’s plans to gut both.
Next week in Philadelphia, Democrat Hillary Clinton will tout her proposal to expand Social Security financing and benefits, a position enjoying growing support in Washington.
That Trump rode the populist wave and promised not to erode two essential programs, and then blew off those promises is historically the kind of thing radical populists do. Bush 43, Mitt Romney and John McCain were all prolific liars, thus the competitive Donald has seen it as a contest to see if he can out do them,
“For our economy, I think the uncertainty of this political leader who clearly has no deep understanding of economics other than knowing how to go bankrupt [is a major problem]. And we can only hope that he won’t bankrupt the country, but he has said things like ‘let’s renegotiate the national debt’ … that’s something that’s almost unimaginable that any leader would say,” he said.
Stiglitz theorized on how Trump would do business in the White House based on the GOP nominee’s statements: “You know you’ve lent us money that was just the initiation of a negotiation, we’ll negotiate whether we’ll pay you back.”
“That’s not the way capital markets work,” he said, “So I guess I say it’s a nightmare. Fortunately, the probability that nightmare coming true is small and hope it’s getting smaller by the day.”
Stiglitz empathized with the middle class and poor people in America, who feel squeezed in the current economy; particularly voters willing to take a chance on some of Trump’s far-fetched ideas just because they want change.
“What we have to do is rewrite the rules of the market economy,” Stiglitz insisted. “We have to, for instance, try to encourage firms to be more long-term, less excessive CEO pay, pay more attention to strengthening workers’ bargaining rights … I don’t think it’s rocket science, but we haven’t paid any attention because we were blinded by the ideology of trickledown economics—that if the top did well everybody would do well, and that has been proven wrong.”
Trump makes new promises every day and changes the details to suit the audience – we used to call people like that ass kissers. But one thing he has pretty much stuck with is trickle down supply side economics with even more tax cuts for millionaires. A large percentage of the blame for the Great Recession of 2007-2008 goes to trickle down Republican policy. Working class and middle class Americans would not have suffered as much if more of the capital they created went into their pockets and savings accounts instead of tax breaks for the Donald Trumps. Speaking of which; it doesn’t matter if you live in Colorado, Ohio, Florida or somewhere in between, you helped pay for Trump’s financial shenanigans, Ask Trump for a Refund, He Received $885 Million in Tax Breaks for His New York Empire
The president is a superior terrorist hunter. He has also neutralized a profound existential threat to U.S. allies in the Middle East, and denied ISIS access to vast storehouses of deadly chemical weapons. So why does he get no credit?
While the GOP convention news focused on Melania Trump’s plagiarism and Steve King’s claim about white civilization being superior, another thing that set it apart was that there was very little traditional GOP red meat. Rather than focus on jobs and economic growth, the convention centered around crime and undocumented immigration, both of which have decreased dramatically in the last several years. Indeed, recent Pew data suggest that the economy and jobs are far bigger concerns for the public than immigration and crime (though terrorism ranks high).That is true for Republicans, Democrats and Independents. Gallup data show that while the economy has declined in importance, is it still ranked far higher than immigration and crime.
Further, numerous studies, using numerous different methods, suggest that Democrats are better for economic growth and jobs than Republicans. In addition, under Democrats, the growth is distributed more equally across income groups.
Mr. Trump, with all due respect to you as the presidential nominee of the Republican Party, you cannot credibly serve as commander in chief if you embrace Russian President Vladimir Putin. The Russian leader has repeatedly shown himself to be an adversary of the United States. Putin, during his long tenure, has repeatedly pursued policies that undermine U.S. interests and those of our allies and partners. He has steadily but systematically moved Russia from a fledgling democratic state to an authoritarian one. He is the last foreign leader you should be praising.
In the end, nothing at all was built at Trump Ocean Resort, and Simms lost her money. As did about 250 other buyers, most of them from Southern California.
All told, two years of aggressive marketing yielded $32.5 million in buyer deposits, every bit of it spent by the time Trump and his partners abandoned the project in early 2009 as the global economy was reeling. Most of the buyers sued them for fraud.
To understand how truly bizarre this method of opining is, consider the following: Had polling showed that relatively few Trump supporters believe black people are lazy and criminally-inclined, if only a tiny minority of Trump supporters believed that Muslims should be banned from the country, if birtherism carried no real weight among them, would journalists decline to point this out as they excoriated her? Of course not. But the case against Clinton’s “basket of deplorables” is a triumph of style over substance, of clamorous white grievance over knowable facts.
This is what Andrew Breitbart, and his progeny, ultimately understood. What Shirley Sherrod did or did not do really didn’t matter. White racial grievance enjoys automatic credibility
Michael Mukasey, who is advising the Romney campaign although the Journal does not disclose that, claims Obama might release Omar Abdel Rahman, mastermind of the 1993 attack on the World Trade Center. Mukasey readily admits to having no real evidence for such a preposterous scenario. So where do these lies get invented? Often they come from the conservative underground echo chamber.
If a genuine truth serum were ever invented and conservative “news” sites and politicians took it, they would literally have almost nothing to say. The Radical Right has been built on a platform of lies and conspiracy theories since the Holocaust deniers of the 1950s.
In addition, The Post’s story found that the Trump Foundation appeared to have defied tax laws. In one case, it made an improper political donation to a group supporting Florida Attorney General Pamela Bondi (R), which arrived around the time that Bondi’s office was considering fraud allegations against Trump University
…In fact, Ms. Clinton’s emails have endured much more scrutiny than an ordinary person’s would have, and the criminal case against her was so thin that charging her would have been to treat her very differently. Ironically, even as the email issue consumed so much precious airtime, several pieces of news reported Wednesday should have taken some steam out of the story. First is a memo FBI Director James B. Comey sent to his staff explaining that the decision not to recommend charging Ms. Clinton was “not a cliff-hanger” and that people “chest-beating” and second-guessing the FBI do not know what they are talking about. Anyone who claims that Ms. Clinton should be in prison accuses, without evidence, the FBI of corruption or flagrant incompetence.
Some of Trump supporters claim to ordinary working class Americans who believe he will look out for them. That would mean that Trump would have to stop being Trump. He has been giving working class Americans the shaft for years, What Atlantic City Workers Know About Trump
The second problem for Trump’s Frankenstein economics is that his seemingly contradictory proposals would be a disaster if they were enacted. Moody’s economic forecasting conducted a nonpartisan analysis of Trump’s proposals and concluded that they would lead to a loss of 3.5 million jobs. And they would cost the U.S. economy trillions of dollars of lost growth.
Page 11: On January 23, 2009, Clinton contacted former Secretary of State Colin Powell via e-mail to inquire about his use of a BlackBerry while he was Secretary of State (January 2001 to January 2005). In his e-mail reply, Powell warned Clinton that if it became “public” that Clinton had a BlackBerry, and she used it to “do business,” her e-mails could become “official record[s] and subject to the law.” Powell further advised Clinton, “Be very careful. I got around it all by not saying much and not using systems that captured the data.”
This is important. First, it makes clear that Hillary conversed with Colin Powell two days after becoming Secretary of State, not “a year later,” as Powell has claimed. Second, Powell essentially told her that he had just gone ahead and broken the law by “not using systems that captured the data.” Hillary, by contrast, chose instead to retain everything as the law required.
Political wonks may wonder what the heck changed for the House especially, and the Senate to reach a deal on the debt ceiling. Jonathan Cohn has the go-to background article, Three Reasons That the Democrats Prevailed
But in a narrower political sense, this was one of those (relatively) rare Washington battles in which one side clearly prevailed. It was the Democrats. When this episode started, they said they were determined not to make major concessions simply because Republicans were threatening shutdown and default. Sure enough, here we are—with a new continuing resolution, a higher debt limit, and no major changes in law. Democrats achieved the policy outcome they had sought, while establishing a precedent for the future: No more negotiating while under such threats.
I don’t know that I would go as far as one analyst in comparing the damage to the tea bagger coalition as a battle where they were defeated and will be too frayed to do much damage in the next battle. It is more straight up and less dramatic. In politics you go into fights with some political capital. In the next fight – coming in January and February, the public knows that the tea bags will be pandering to the crazies – the Glenn Becks and Sarah Palins that live in mostly gerrymandered districts. Most Republicans are not going to let these freaks on the outer fringe of conservatism drag down the party even more than they already have. Unless House Republicans stage a successful mutiny and get rid of Boehner (R-OH) he will strike a deal with more practical minded members of hos party and Democrats.
2. Republican crazy brings people together. The Senate still has some conservative Democrats, of course—Joe Manchin of West Virginia comes quickly to mind. But the agenda has changed a lot since 2009 and 2010: Instead of trying to enact their own policies, in this episode, at least, Democrats were mostly trying to stop Republicans from passing theirs. And that wasn’t so hard, given the nature of Republican tactics. Polls showed repeatedly that, despite the public ambivalence about Obamacare, majorities did not support shutting down the government in order to undermine the law. And as the shutdown wore on, it became clear that Republicans, not Democrats, were taking the blame. It helped, too, that prominent Senate Republicans were openly critical of what Ted Cruz and his House Republican allies were trying to do.
If you go over to the dark side- sites like Hot Air and Breitbart they are certainly tribal minded. The crazy is their rallying flag. But they make the mistake of thinking that only works in one direction. The crazier they get the more Democrats and the endangered moderate Republicans stick together, and sound to the public like the voice of reason. I have no desire to see them tone down their worship of Ted Cruz (R-TX) or Rand Paul (R-KY). They can pack their clown car with all the freaks and conspiracy theories they like. There has never been a point in history in which the clowns have won in the long haul. Call Obamacare – a gift to the health care industry and pharmaceutical companies – the same thing as slavery and you just create more distrust of the tea bagger agenda. Tea Party’s Image Turns More Negative
Unfavorable Views of Tea Party Have Nearly Doubled Since 2010. The Tea Party is less popular than ever, with even many Republicans now viewing the movement negatively. Overall, nearly half of the public (49%) has an unfavorable opinion of the Tea Party, while 30% have a favorable opinion.
One can only wonder what it is like to slowly swirl down the drain of history. The new tea bagger conservatism, being even more far Right than the conservatism of 2000 of 2008 comes with similar financial penalties for the country they claim to care about, S&P: The Shutdown Took $24 Billion Out Of The US Economy
The S&P has cut the annualized U.S. growth view closer to 2% from 3%, Bloomberg is reporting.
The ratings agency — which recognizes the Senate deal will be approved — says that the shutdown has taken $24 billion out of the economy and cut 0.6% off of yearly fourth quarter GDP growth.
In the last 13 years the Conservative Republican agenda has cost us trillions of dollars. Yet they endlessly grumble about poor kids getting food assistance. They must have read about the decadence of the late Roman Empire and seen that as a recipe rather than a warning.