What Do Jeff Bezos, Jamie Dimon, Bill Gates, Warren Buffett and Jeb and George Bush Have in Common?

As of late yesterday something like 250,000 people had cancelled their subscriptions to The Washington Post. That’s roughly 10% of their subscriber base. So yeah, not good. I’m a Post subscriber and I didn’t. But I did cancel my Amazon Prime membership. (That’ll show ’em.)

The reason as I’m sure you know, is that the Post’s owner Jeff Bezos, prohibited the paper’s editorial board from making an endorsement in the presidential race … barely a week before the election. (The Post still makes endorsements in local races.) The Post was going to endorse Harris, and Bezos, who has myriad contracts with vital regulatory and financial issues connected to the federal government is justifiably afraid of what Trump could do to him if elected … and pissed off. Never mind Bezos’ blather saying, “What presidential endorsements actually do is create a perception of bias. A perception of non-independence. Ending them is a principled decision, and it’s the right one.”

That folks, is bullshit. What anyone with two eyes, two ears and half a brain fully understands is that Bezos is worried — and with good reason — about what Trump could do to the shareholder value of his sprawling empire. But multi-multi-billionaire Bezos is hardly alone in his fear of Trump 2.0 settling scores with anyone “disloyal” to him.

America’s signature titan of finance, JP Morgan Chase CEO Jamie Dimon, is understood to support Harris over Trump, but will not step out on the record and say so, for the same reasons as Bezos. Said a New York Times story on Dimon’s silence, “Mr. Dimon isn’t making his stance known publicly because he’s fearful that if Mr. Trump is victorious, he could retaliate against the people and companies who publicly opposed his run, his associates said. That’s a concern shared by other powerful corporate executives, and not without reason: Mr. Trump has begun to increase threats of political retribution in recent weeks.

Bezos and Dimon are hardly alone. Even Bill Gates, these days recognized as a progressive-enough philanthropist, is keeping quiet on a risky public choice in this particular election.

Likewise, Warren Buffett is staying on the sidelines this time around. “Warren Buffett is not taking sides in the election despite any online speculation, AI deepfakes or falsehoods that have or may emerge. Buffett, often called the ‘Oracle of Omaha’, has been mostly neutral regarding politics for years. Buffet has been unusually silent in the lead-up to November 5 despite formerly being a vocal advocate of Democrats like Clinton in 2016 and Obama in 2008 and 2012.”

Weasely tech twits like Mark Zuckerberg at Meta/Facebook are of course playing their usual, “We have no role here” game. But that’s what they always do.

The fear Trump strikes in the minds of people like Bezos, Dimon, Gates and Buffett is startling — to me at least. “Startling”, but as I say, understandable. A Trump 2.0 administration stocked with a deep bench of capos far, far more devious and disciplined than 1.0 idiots like Kash Patel, Peter Navarro, Mike Flynn, Rudy Giuliani and on … and on … is a legitimate, real world concern for any executive with responsibilities to investors. Not that that makes their silence any more courageous.

But what, I keep wondering, about Jeb and George W. Bush? What are they afraid of?

I don’t for a second think either Bush coming out and endorsing Harris over Trump would have a decisive impact on voters, even old school country club Republicans. But it couldn’t hurt. A couple silver-haired geezers tallying up their latest dividend statements before teeing off might say to each other, “Sure, she’s a radical socialialist. But if Jeb and W* are with her just this once, maybe I will too. I mean WTF is with that tariff shit?”

Neither Bush has any future in the fully Trumpified Republican party. (Ever notice how W* is never mentioned … ever … by Republican pundits?) But they might feel some restored legitimacy in the event of a Trump-induced GOP blow-out. Maybe. But only if they did the brave thing and stood up before the election and said something.

I mean, I understand W* and Dick Cheney are no longer close. (Letting Dick talk him into an off-the-books trillion dollar 12 year war will do that to a friendship.) But my god, if Dick Cheney, in Wyoming, can summon the guts (and lower) to call Trump a disaster and publicly endorse Harris, what possible reason do the Bush’s have for not doing it?

*Elected not by a majority of voters, but by a 5-4 vote of the Supreme Court.

Dear Lord, Spare Us Another “Pure” and “Principled” Third Party Alternative

That Coffee Shop Billionaire for President thing isn’t going too well, is it? It seems the “extremists” on the far left aren’t too keen on yet another hopeless vanity candidacy like, you know, Ralph Nader and Jill Stein.

On “60 Minutes” Sunday night Starbucks CEO Howard Schultz announced his interest in an independent run for president. By Monday, at a book event in New York City, a guy in the audience was yelling “egotistical billionaire a**hole”” at him. And that was about the nicest thing anyone had to say.

Schultz of course has no chance of winning. Only spoiling.

As vain and deluded billionaires go he’s a bland stiff, with no appetite for the kind of buffoonish, hyperbolic demagoguery that got Donald Trump elected, (thanks to the Russians and the electoral college.) But, as we’ve seen twice in the past two decades, vanity candidates have peeled away just enough votes from “flawed” Democrats (I’m still waiting for the first “pure” candidate) to hand the country over to two wholly incompetent characters — George W. and Trump.

In case you’ve forgotten, those squandered Nader-Stein votes have saddled us with a multi-trillion dollar war we didn’t need to fight, staggering levels of new debt, a ransacking of environmental and consumer protection regulations and a cratering of our reputation as a country that while pretty damned screwed in many respects, was at least more reliable about science and democratic allies than, you know Turkey or Honduras.

The psychology of chronic “righteous” voters, people who routinely pull the trigger for characters like Nader and Stein is less interesting than it is dismaying. The irony, in my experience, is that such people rationalize their vote in terms of “principle”. Namely, that nothing will change unless people like them — unusually moral and uniquely informed — don’t “vote their conscience.”

And obviously, through one lens, they’re right. They voted for Nader and Stein and we got lots of change. In addition to all that spendy war and economic mayhem stuff, were the “principled” Nader votes of 2000 switched over to dull, ponderous, compromised-by-Clinton Al Gore we would have had 19 years more years to do something about climate change. (Maybe we could have invested the trillions that weren’t borrowed from the Chinese to chase Saddam Hussein around Iraq.)

The 2020 campaign has begun and there are already more Democrats waving their hands than I can count. Most, like the messianic Mr. Schultz have no chance. But the top tier of current and likely Democrats is interesting.

Elizabeth Warren is, IMHO, too old, but a valuable factor in pushing the debate. Kamala Harris is getting gushy reviews for her launch, and she has my attention. Never mind if she once canoodled with Willie Brown. She impresses me as someone with the skill set for this moment — a moment where not just Trump but the entire ethos of the “movement conservative Republican party” has to be not merely defeated, but obliterated. As in: lopped off at the knees, bayoneted, burned, buried and covered with salt. The whole crowd, from Trump to Stephen Miller to the Freedom Caucus to Rush Limbaugh and FoxNews is that bad.

I don’t get that same essential vanquish-the-barbarians vibe from Julian Castro, the honorable congress lady from Hawaii, Kirsten (#YouToo Al Franken) Gillibrand — or waiting in the wings — Sherrod Brown, Amy Klobuchar, Corey Booker or Joe Biden.

Here’s the thing. Democrats have to put up a populist candidate.

Translated: Someone who understands what the dimwits who thought Trump was a better option than Hillary Clinton are thinking and (extremely important factor here) can talk their language. An educated variation on what Trump does with his MAGA rallies and with his racist moron whispering. The Democrats’ days of tossing up a wonky career bureaucrat who sounds like he/she has never smoked a joint, gone to a rock concert, eaten fast food because it tastes good or had an impure thought are over.

“The people” want someone who not just “shares their values” but has plainly “experienced their values”, including the ones they enjoy the most.

Invested liberals, like me and maybe you, don’t need TeenBeat populist charisma in our elected leaders. But the sad, undeniable fact is that in our celebrity-saturated culture, where millions of voters pay little-to-no attention to who is actually, truly doing something for them, people vote based on the “feel” they get from candidates. The feeling that he/she is “just like me”, as so many sad goobers said about cartoonish frauds like Sarah Palin and Donald Trump.

Maybe Beto O’Rourke has the full toolbox of talents. All we know about him at the moment is that he ran as an unapologetic progressive in (bleeping) Texas, that he poured incredible energy into it without a serious screw up, talked at the retail level like a guy who once played in a goofy rock band and ascended to the level of a pop idol by the time he lost by 3% … in (bleeping) Texas.

That’s what the Democrats need, in someone else, if not him.

Nevertheless, being a hopeless skeptic, I have little faith that the “righteously principled” who saw Nader and Jill “Here I am in Russia dining with Putin and Michael Flynn” Stein as the best option for our times are scanning the horizon for the next “pure” independent who will bring us all real change … again.

 

 

Mainstream My Ass

Cursor_and_Trump’s_foreign_policy_goes_mainstream_-_POLITICOAfter a few TV-friendly bombings this week, many in the mainstream media and pundit-o-sphere are falling all over themselves to declare President Trump mainstream. That’s right, it seems our Muslim-banning, emoluments-pimping, Russia-colluding, climate change-denying, serial-lying President is now pretty much equivalent to Obama, the Bushes, the Clintons, Reagan and Ford.

For instance, Politico’s headline is “Trump’s Foreign Policy Goes Mainstream,” and it reports:

“(T)he substance of Trump’s decisions in his first 79 days in office reveals a surprisingly conventional approach, with personal quirks layered on top, according to a half-dozen foreign policy experts.”

Similarly, the Wall Street Journal headline readsFive Big Players Steer Trump’s Foreign Policy Towards the Mainstream” and National Public Radio (NPR) offers “Trump’s Flip Flops on Economics Move Toward the Status Quo.”

Okay, so the President recently has said a few sane things, such as NATO shouldn’t be defunded after all and Russia really should stop enabling the gassing of innocent children. Super. But before we throw the President a ticker-tape parade, let’s remember it was utterly outrageous that a presidential candidate or President ever took the opposite positions in the first place.

ann_schrantz_horton_-_Facebook_SearchLet’s also remember that in the same week the media declared Trump mainstream, we learned that a federal judge found probable cause that Trump’s campaign may have colluded with the Russians to undermine American democracy, and that the President threatened to withhold lifesaving assistance from poor people if Democrats don’t back his extremely unpopular Trumpcare plan to take health coverage from 24 million Americans. We also read the Los Angeles Times, Newsday, Rolling Stone, and Wall Street Journal reporting and opining about the President’s unprecedented level of lying.

Yeah sure, but did you hear that the President failed to publicly praise his most empowered white nationalist? Moderate!

How does this happen? Former top aide for President George W. Bush David Frum explains:

“As President, Donald Trump benefits from two inbuilt biases of mainstream pundits:

“Bias 1 favors fair-mindedness: the wish to offer tips of the hat along with shakes of the finger. This bias exerts itself extra strongly with a bad actor like Trump. The worse he does, the more eagerly the pundit seeks something to praise. We’ve all experienced this. ‘There has to be something good to say about Trump. Even Hitler liked dogs!’

“Bias 2 is the bias in favor of surprise and novelty. Pundits don’t want – bookers won’t book – endless repeats of ‘He’s a liar & a crook.’ How much more interesting to say: “He’s a liar and a crook, but …” How boring to insist that the first part must always overwhelm the latter.

“And so TV punditry flits from one seemingly clever (but actually deeply false) pivot to another, chasing insight & missing truth.”

Say it with me people:  This presidency is lightyears away from normal.   An American President who bans people from entering a country that was founded on the principal of religious liberty because of the deity they worship…who empowers white nationalists that the neo-Nazis and Klansmen cheer…who praises murderous, democracy-hacking dictators as “strong” role models…who appoints his business-operating family members with no relevant experience to the most sensitive positions in the world…who covers up his tax returns so he can profit from policy positions and accept foreign bribes without Americans knowing it…and who lies at a rate that we have never seen in national history is not normal, moderate, or mainstream.

We have to judge presidents based on their overall body of work. And when a very high percentage of a President’s body of work is utterly outrageous and dangerous to the republic and world, we can’t give anything close to equal billing to the low percentage of his actions are not outrageous.  This week’s shamelessly fawning news coverage aside, Donald J. Trump remains the mother-of-all-abnormal Presidents.

“Democrat Party:” The GOP’s Childish Name Game

We all remember those times on the playground when kids’ names would be twisted into teasing word play.  Private parts and mental health were common themes, as I recall.  Woe be unto the unfortunate child born with a name like “Seymour Butz.”

During childhood, the motives behind the name-oriented word play varied from benign to bullying.  But whatever the motive, it was rarely welcomed by the recipient, and was, above all else, childish.

So surely adults have left all that infantile behavior behind, right?

Well, take a look at recent blog posts on leading Minnesota conservative blog aggregator “True North:” Continue reading

Obama Should Denounce The Electoral College, Even If It Saves Him

The New York Times’ poll-aggregating oddsmaker Nate Silver currently puts the chances of President Obama winning the Electoral College at about 86%, but his chances of winning the popular vote at only 51%.

In other words, there is a very real chance — a 6.9% chance according to Silver — that President Obama could win the Electoral College but lose the popular vote, as happened to President George W. Bush in his race against Al Gore in 2000.

In case you were sleeping through the film strip in Civics Class the day they covered the Constitutional Convention and the Virginia Plan, the Electoral College is what counts.   Quite incredibly, the United States of America is the only democracy on the planet where candidates can and do become the national leader without having won the highest number of votes. Continue reading