Nel's New Day

April 9, 2019

DDT’s People: Part II, Proximity Instead of Professionalism

Where does Dictator Donald Trump (DDT) find the people who he extols, hires, berates, and then fires? A family wedding planner received an important HUD position. DDT’s son-in-law Jared Kushner found economic adviser Peter Navarro while browsing Amazon and seeing the title of his book, Death by China. For the Federal Reserve, DDT is nominating Stephen Moore, a GOP pundit who co-wrote an op-ed for the Wall Street Journal that complained about the Federal Reserve keeping the economy from glorious heights. The lies in the piece caught the attention of DDT’s national adviser Larry Kudlow, who subscribes to the same falsehoods. He told DDT about Moore, and DDT tweeted that he would nominate Moore, “a very respected Economist,” to fill a vacant position “on the Fed Board.”

Moore is neither an economist nor respected. Kevin Drum of Mother Jones wrote that “this is about like nominating Dr. Phil to run the CDC.” Moore admits that he knows very little about monetary policy, a focus of the Federal Reserve.

“I’m kind of new to this game, frankly, so I’m going to be on a steep learning curve myself about how the Fed operates, how the Federal Reserve makes its decisions. It’s hard for me to say even what my role will be there, assuming I get confirmed.”

About the appropriate size of the Fed’s balance sheet, Moore said,“To be honest, I’m going to have to study up on this one.” During the 2008 recession, Moore regarded Ayn Rand’s novel Atlas Shrugged as his economic guide, but he didn’t even get the pretentious novel’s plot right. He used an event in which the government co-opted an invention to banks pressured to accept bailouts when the U.S. economy was ready to crash. Moore’s recommendation was to watch the world burn.

Moore’s owes $75,000 in unpaid federal taxes, interest, and penalties. When he was found in contempt of court for refusing to pay his wife tens of thousands of dollars in delinquent divorce, alimony, and child support payments, four police officers, two realtors, and a locksmith came to his house to sell his residence, per a court order. He had claimed he “paid off his wife,” but the total was just a fraction of what he owed after the seven people came to the house. Past-due payments came to $333,000. After Moore paid his ex-wife about two-thirds of his debt to her, the court called off the sale of the house.

Chief economist for the right-wing Heritage Foundation, Moore received his M.A. from George Mason University, the third most conservative college in the U.S. He is on the editorial board of the Murdoch’s conservative Wall Street Journal and founding president of the union-breaking Club for Growth, partly funded by the Koch brothers. They also donated $12 million to “Freedom Works,” where Moore is listed as “senior economic contributor.” He does no economic research but is always ready to make right-wing comments in economic policy debates. A respected conservative economist, Greg Makiw, said Moore “does not have the intellectual gravitas for this important job,” and even Fox’s Tucker Carlson’s Daily Caller finds Moore unethical.

Slate wrote:

“Stephen Moore is a living embodiment of the sucking intellectual void at the core of conservative economics, an inept pundit who has spent his career evangelizing the supply-side dogma that tax cuts pay for themselves while shilling for Republican officeholders, all from well-paid perches at think tanks and in the media.”

Moore follows the failed theory of the GOP economic platform that big tax cuts for billionaires and corporations will cause prices to fall. He wants to use a Fed position to “free” the economy from “oppressive taxation” although the Board has nothing to do with taxation. Moore was heavily involved in destroying Kansas’ economy when he told former Gov. Sam Brownback to make his draconian tax cuts. The extreme austerity for government programs decimated their educational systems and other needs, and people raised taxes as soon as Brownback escaped into DDT’s government as a world ambassador for “religious freedom.”

Moore doesn’t reserve his public opinions to economics.

  • He defended Alabama’s U.S. Senate candidate Roy Moore of molesting a teenage girl by claiming that his opponent, now-Sen. Doug Jones, was as bad because he supports abortion rights.
  • He tried to slut-shame Stormy Daniels, paid off by DDT to keep their affair secret, in an interview on Don Lemon’s show.
  • He argued that scientists lie about their concern regarding climate change to get “really, really, really rich.”

The question is what the Senate will do with Moore. Eight years ago, GOP senators blocked President Obama’s Fed nomination Peter Diamond, a Nobel Prize-winning economist, for over a year and then killed it. Sen. Richard Shelby (R-AL), still in the Senate at the age of 84, joined others to question Diamond’s qualifications.

Reeling from Moore’s nomination, people were even more shocked to hear that DDT is considering the former presidential candidate, pizza man Herman Cain, for another Fed position. On paper, Cain’s credentials may look slightly better than those of Moore: he served on an advisory board to the Kansas City branch of the central bank for a few years in the 1990s. Fortunately for the bank, he had no decision-making power.

People who watched the 2012 presidential campaign may remember Cain when he argued that people “need a leader, not a reader” and said he didn’t care who “the president of Ubeki-beki-beki-beki-stan-stan” is. He also touted his 9-9-9 tax plan based on false information. Cain quoted Pokemon in his departure from the campaign and then turned his mailing list into peddling suspected scams after he quit. During DDT’s campaign, Cain was a supporter, calling DDT a “shucky-ducky kind of candidate.” And it got worse from there. In 2015, Cain told Glenn Beck that Muslims should not be able to serve in government until they took a loyalty oath.

Cain dropped out of his 2012 campaign after allegations of sexual harassment. He denied them by saying that thousands of women he worked with would not make that claim. Cain’s lawyer, however, said that any women considering such accusations should “think twice.” Slate legal editor Dahlia Lithwick pointed out how this statement only exacerbates the threat of patriarchal power—something that DDT is still wielding.

Cain has a pattern of selecting people who may participate in sexual misconduct like DDT has. Sharon Bialek said that Cain told her she had to put up with his running his hand up her skirt if she wanted a job. Karen Kraushaar said that Cain groped her in the 1990s. Cain denied these allegations last week by stating that he would “be able to explain [the allegations] this time, where they wouldn’t let me explain it the last time. They were too busy believing the accusers.”

Others:

  1. GOP Senators confirmed Brett Kavanaugh for a Supreme Court position after three accusations of sexual misconduct.
  2. Andrew Puzder dropped out as a nominee for Secretary of Labor only after a publicized video showed his ex-wife in an Oprah Winfrey show called “High Class Battered Women.”
  3. DDT replaced Puzder with Alex Acosta, a billionaire pedophile enabler.
  4. Bill Shine acted as “fixer” for Fox executives accused of sexual misconduct.
  5. Barry Myers, nominee to lead NOAA, was chief executive for a family company that paid $290,000 after being found guilty of subjecting women to sexual harassment.
  6. Steve Munoz, accused of sexually assaulting five men at The Citadel military college, is still listed as assistant chief of protocol of visits for the State Department.

None of these men, including DDT, exhibited any remorse about their actions.

A CNBC survey of Wall Street shows that a majority of them doesn’t want either Moore or Cain on the Federal Reserve board. Results opposed both Moore by 60 percent and Cain  (53 percent). Kathy Bostjancic, chief U.S. Financial Market Economist at Oxford Economics, wrote that the men’s confirmations “would be very disruptive at a time when monetary policy is at an important crossroads.” Fund managers, economists and strategists participated in the polling. They also predicted the confirmation of Moore by 51 percent and Cain by 49 percent. Forty-seven percent of respondents think that nominations combined with DDT’s directing the Fed are “reducing the central bank’s independence” with implications for markets and the economy. Diane Swonk, chief economist at Grant Thornton, said, “Stacking the Fed with partisan hacks would alter how the market views the Fed’s decisions.”

DDT wants to people on the Federal Reserve Board who will cut interest rates for personal financial and political benefit. His recommended idea, quantitative easing by buying Treasury bonds and mortgage-backed securities used to get out a recession, would give the economy a sugar high long enough, DDT hopes, to get him elected. These nominations for a supposedly independent agency bodes poorly for the vast majority of people in the nation and around the world.

March 15, 2012

The Foreign Press Takes on Our Brave New World

What Europe thinks of the American Republican primaries: 

The German Press: The Republican presidential contest in America is a “freak show,” said Marc Pitzke in the German der Spiegel. The candidates vie with one another to spew the most outrageous hard-right positions denying evolution while endorsing torture and joking about electrocuting illegal immigrants. How did a major party in the world’s sole superpower become a “club of liars, debtors, betrayers, adulterers, exaggerators, hypocrites, and ignoramuses”? These know-nothings are enabled by a U.S. press that has been “neutered by the demands of political correctness” so that it can’t say what’s obvious: These people are daft! Instead, it “proclaims one clown after the next to be the new front-runner.” Newt Gingrich is actually considered an intellectual merely because he can create sentences with multiple clauses. Scarcely a one has even the most basic grasp of foreign policy. One said Africa is a country, another that the Taliban rule in Libya. Collectively, “they expose a political, economic, geographic, and historical ignorance that makes George W. Bush look like a scholar!”

The French Press: That’s the scariest part, said Lorraine Millot in the Paris Liberation. The only GOP candidate who knows a thing about diplomacy, Jon Huntsman, is gone. The others “careen to extreme positions that include starting new wars and abandoning old allies.” And that’s when they even have a position. Herman Cain, now thankfully out of the race, was the front-runner even though he couldn’t find a single coherent word to say about President Obama’s policy on Libya. He even boasted of knowing little about foreign countries. And yet it was his adultery, not his astounding ignorance, that brought him down.

The British Press: There’s a simple explanation for this bizarre phenomenon, said Max Hastings in the London Daily Mail. In the “lunatic, gun-toting badlands of America’s Hicksville, Tea Party country,” it’s considered suspiciously elitist to show an interest in modern science or the world beyond America’s “borders. “Say what you like about British politics, no MP of any party would dare to offer themselves as town dogcatcher while knowing as little about the world as the Republican presidential candidates.” We take public service seriously. Yet we in Britain, and everyone in the rest of the world, will suffer if “one of the lunatics” vying for the nomination makes it to the White House. “The American political system has seldom, if ever, looked so inadequate.” Don’t worry, said Matthew Norman in the London Independent. The fact that Gingrich is the latest threat to Mitt Romney’s inevitability just “confirms how inevitable” Romney’s nomination is. The thrice-married, ethically challenged Gingrich is unlikable in the extreme. Which means the nominee will be Romney, “the slimiest, phoniest opportunist to run for president since … well, ever.” So sit back and enjoy this circus passing for a presidential election. It can’t possibly end in a GOP victory. Can it?

[The part about Gingrich is a bit out of date—but still applies!]

November 20, 2011

GOP Presidential Candidates Gobble Social Justice

It’s almost Thanksgiving, and turkey is on the minds of a lot of people. Turkey  may not bring to mind just the food served on Thursday.  One definition of a turkey is a loser; another, in the case of a jive turkey, a double-crosser. The current crop of Republican presidential candidates reminds me of real turkeys, flocking and gobble-gobbling and strutting as they fan their tail feathers to conservative media and organizations. (Clue: Texas has lots of wild turkeys.)

The more overtly religious five candidates seem to consistently make the dumbest moves. Herman Cain can’t open his mouth—or just sit in a chair—without creating fodder for late-night comedians. Libya? Now what did the U.S. do in Libya? And who didn’t we like there? Newt Gingrich lost when he thought he could claim his high salary from Bush’s government was for being an “historian” for Fannie Mae and Freddie Mac, not an unlicensed lobbyist.

Rick Perry wanted to debate Rep. Nancy Pelosi about his new idea for “a part-time Congress where their pay is cut in half, their office budgets are cut in half, and their time in Washington is cut in half.” Even the most conservative Congressional members are nervous about his brainstorm. Either Perry forgot that Rep. John Boehner (R-OH) is currently Speaker of the House, or he believes that the Democrats will take the majority in the next election. Caught up in criticism, he cited recent reports of insider trading by Congressional members. “When you have routine insider corruption on Capitol Hill, when you have liberal opposition for freeing the economy of this country, when you have just total disrespect for family values, I would suggest to you that’s the reason Nancy Pelosi is running away from having a debate with me.” Perry forgot two other important pieces of information: Pelosi and her husband made less than a dollar on each of the 5,000 shares that they bought, and the rest of the insider traders outed were Republicans.

Cain remembered that God asked him to run for president, bringing the count up to three with Michele Bachmann and Perry the other two. Evidently God told Mike Huckabee that it was okay for him not to run this time. In Cain’s speech about God, he also blamed President Obama for canceling the space shuttle program; George W. Bush had done that in 2004. Considering his penchant for a bad memory, could he have the same health issues as Ronald Reagan without a wife to cover for him?

The first formal vote of 2012, Iowa, is less than six weeks away, and candidates have flowed into the state. (Don’t worry, Iowa. They’ll be leaving immediately afterward to head to New Hampshire.) Only Mitt Romney and Jon Huntsman were absent from yesterday’s Thanksgiving Family Forum, sponsored by the James Dobson-founded Focus on the Family, a religious right powerhouse known for its bizarre cultural agenda; the National Organization for Marriage, perhaps best known for its unintentionally hilarious anti-gay commercials; and The FAMiLY Leader, an Iowa-based group of extremists that put together “The Marriage Vow” for GOP candidates, which argued, among other things, that slavery wasn’t that bad for African-American families.

The forum was about “social issues”—nothing hard like foreign policy. Held in the sanctuary of the First Federated Church of Des Moines, a church that has fought LGBT people for at least 15 years, it featured right-wing pollster Frank Luntz as a talk-show host. Gingrich received the loudest applause for his promise to restore the role of faith in American life. Either Iowans have the same short memories as Perry, or they chose to ignore Gingrich’s infidelity and three marriages.

Evangelical theology purports that until one’s heart has been broken, usually by one’s own sin, one will not be truly ready to receive Jesus as one’s personal Lord and Savior. Evangelical services often feature the tearful testimonials of those whose hearts are so broken; thus Luntz asked them to reveal the moments when their faith was most tested.

Ron Paul appeared the most uncomfortable, talking about an injury cutting short his high school track career, and Gringrich had to borrow a friend’s injured child. I’m guessing he didn’t want to talk about his first wife’s cancer because that was when he served her with divorce papers in the hospital after her surgery

Cain got to talk about when he was diagnosed with Stage 4 cancer, Rick Santorum berated himself for being emotionally distant from his youngest daughter who had almost died twice, and Bachmann revealed how her mother had to sell wedding gifts after the candidate’s father deserted the family.

Although Perry’s biggest problem was feeling “lost” when he left the Air Force at the age of 27, he was in his element with fundamental rites, something that doesn’t happen with any of the debates. Discussing the success of The Response, an event that brought 33,000 people together in Texas to pray for the country, he urged pastors to preach about values. “Somebody’s values are going to decide what the Congress votes on or what the president of the United States is going to deal with. And the question is: Whose values? And let me tell ya, it needs to be our values–values and virtues that this country was based upon by the Judeo-Christian Founding Fathers.” (Another part of conservatives’ revisionist history.)

Speaking of God in his life, Perry said, “I’ve been driven to my knees multiple times as the governor of the State of Texas, making decisions that are life or death–have huge impacts on people’s lives. The idea that I would walk into that without God Almighty holding me up would scare me to death.” Evidently God told him to kill those people whether they were innocent or not, including at least one person executed in violation of an international treaty.

In a preface to one question, Luntz explained that church-goers are happier than people who don’t go to church or pray, implying that liberals do neither. Gingrich agreed, saying that conservatives are “happy” while liberals are “angry” and “miserable.” Then his historian persona rolled in as he said that liberals were all products of the French Revolution.

“The French Revolution was an anti-clerical, anti-God rejection of the larger world in favor of secularism. It has dominated our academic world; our academic world supplies our news media, our courts and Hollywood. And so you have a faction in America today which believes things which are profoundly wrong. Now that is a fight; that’s not a passivity. And in a culture in which they know what they’re doing, and they are determined to destroy our value system, and we are passive and confused is a world in whichAmerica’s going to stay in deep trouble.” (More revisionist history.)

Bachmann accused the new health care law of forcing taxpayers to fund “chemical abortion” that she claimed was being “pushed” by Planned Parenthood. Many conservatives  don’t believe this, but the claim brings in votes and money. Private coverage for abortions may be almost nonexistent when the new health care law goes into effect which would make these candidates very happy.

Referring to the Occupy Movement, Gingrich quoted John Smith (of Pocahontas fame): “In 1607 in the first English speaking permanent colony, [Smith said] to the aristocrats who had paid their way and didn’t want to work: ‘If you don’t work, you won’t eat.’” He may have been confused about the “class” status of the current protesters. His vitriolic statement concluded with “Go get a job. Right after you take a bath.” I wonder if there are more openings at Fannie Mae and Freddie Mac for “historians.”

The candidates had an easy time in Des Moines last night. No questions about taking money from the government to advise its mortgage agencies, no questions about sexual assault or campaign fraud, no questions at all about embarrassing gaffes or long pauses. They all pretty much agreed to define “personhood” at conception, stop gay couples from adopting children, reverse restrictions of churches’ involvement in politics, and prevent same-sex marriage. People who think that the conservative movement is all about economics need to pay close attention to this showing of Christians demonstrating how they would turn the United States into a theocracy.

Sorry you missed the event? Check it out here. Otherwise wait until day after tomorrow when the full complement  of Republican candidates gathers at the DAR Constitution Hall (Washington, DC), 8pm ET, with sponsors CNN, The Heritage Foundation, and the American Enterprise Institute. Wolf Blitzer moderates; the topic focuses foreign policy and national defense.

Happy turkey!

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