So Trump Really Is a Great Businessman

The New York Times has obtained years of Donald Trump’s tax returns. As suspected, the president has avoided paying taxes to a dramatic extent, declared many millions of dollars in losses and appears to have created a fortune based on BS. In other words, he is a great businessman.

Anonymous

Hillary Clinton won’t show her speeches. Donald Trump won’t release his taxes. Neither of them come forward about their health. What’s next in the secrecy obsessed world of American presidential candidates?

In a Better World

According to an analysis by Congress, Apple evaded $13.8 billion in US federal taxes using complicated foreign shelters and loopholes.

Bestiary of the American Class System

In the fiscal cliff deal, congressional Republicans and Democrats agreed not to raise taxes on all Americans earning under $400,000 a year – in other words, everyone gets a tax cut except the top 0.5% of income earners. Even if you are an unmarried couple earning $800,000 a year, you qualify for a so-called “middle class tax cut.” In what country could someone earning that kind of money he considered middle-class? Only in the United States in the year 2013. Everybody is middle-class, from the homeless to the middle classy. As for those who earn over $800,000 a year as an unmarried couple or $400,000 as an individual, well, hell, we never see them anyway.

SYNDICATED COLUMN: Fooled Again

Six Weeks After Reelection, Obama Sells Out Liberal Democrats

After the election Kerry Eleveld wrote a piece for The Atlantic titled “Why Barack Obama Will Be a More Effective Liberal in His Second Term.”

“In response to their initial disappointment with the president’s early performance, many progressives speculated that Obama was just waiting for a second term to be more liberal,” he said. That was true. They were.

Eleveld continued: “A more likely explanation is that Obama was still finding his groove, figuring out which levers worked best for him in the context of governing the nation. And in some ways, he was still developing the courage of his convictions.”

That, it turns out, was false. He wasn’t.

You can’t develop convictions that you don’t have in the first place.

It’s hard to remember now, more than six weeks later, but there was once a time (six long weeks ago) when liberal Democrats who naïvely chose to ignore Obama’s consistently conservative first term, his consistently conservative career in the Senate, and his consistently conservative pre-politics career as a University of Chicago law professor, seriously believed that his reelection would lead to a progressive second term.

“It’s time for President Obama to assume the Roosevelt-inspired mantle of muscular liberalism,” Anthony Woods wrote in The Daily Beast. “This is his moment. He only has to take it.”

It’s his moment, all right. And he’s taking it. But when it comes to Obama, liberals are once again guilty of some major wishful thinking. Obama’s economic policies are closer to Herbert Hoover than Franklin Roosevelt.

With re-election safely behind him, we hope Obama will be bolder in his second term,” Peter Dreier and Donald Cohen wrote in The Nation.

Again with the Hope!

Change, not so much.

Race doesn’t matter. Looks don’t matter. Age doesn’t matter. Style doesn’t matter. Only one thing matters when you’re electing a politician: policy. And the willingness and ability to carry it out. Everything you needed to know about Barack Obama boils down to the fact that he voted nine times out of ten to fund the Iraq war, at the same time that he was giving speech after speech pretending to oppose it. And that was before he won in 2008.

It didn’t take long for Obama to sell out the liberal base of his party the first time. Everything became clear in December 2008, when his cabinet picks didn’t include a single liberal. Well, here it is, December 2012, and can’t get fooled again but we did, as George W. Bush would sorta say.

Wait a minute: I thought Obama was a Democrat. So why is he appointing a Republican as secretary of defense? Not just a Republican, but a homophobe? In 1998 Republican Senator Chuck Hagel criticized President Clinton’s nominee for ambassador to the sensitive strategic hotbed of Luxembourg not only for being gay, but for being “openly, aggressively gay.” Gay rights groups demanded that Hagel “repudiate” his bigoted comments, and he dutifully did so, but the point is that a truly progressive Democratic president would never have appointed a gay-bashing right-wing Republican in the first place. Yeah, America has changed, but it wouldn’t be that hard to find a liberal Democrat who thought gays and lesbians were real human beings back in 1998.

The “fiscal cliff” negotiations have led to another replay of Obama’s 2008 sellout, this one on economic fairness. Throughout the 2012 campaign the president promised to raise taxes on the top 2% of American households, those earning over $250,000 a year. As of November 9th he was still “sticking to his guns,” calling his stance nonnegotiable. On December 17th, however, without the defeated Republicans even having to propose a counteroffer, Obama pulled a classic Democratic negotiating-against-himself maneuver. Not only did he offer House Speaker John Boehner to protect the spectacularly wealthy taxpayers who earn up to $400,000 from a tax hike, he quietly sold out senior citizens by gutting the current system that calculates cost-of-living increases for Social Security and other federal entitlement programs.

At first, few people would notice Obama’s switch to a so-called “chained consumer price index.” (Under the new system, if the price of steak goes up, the government assumes you’ll switch to hamburger—so it doesn’t count as inflation.) This year, for example, the inflation rate under the chained CPI is 0.3% less. But inflation is exponential and the effect is cumulative. By the time you hit age 92, you’d lose an entire month of Social Security benefits each year.

This, remember, was the president who was supposed to bust out as an FDR-style crusading liberal ready, willing and able to fight the right-wing Republicans and stand up for ordinary Americans.

The good news is, the anticipation is over. Liberals who worried that Obama would sell them out need worry no more. Not so deep down, they knew this would happen. Now they can settle down for four more years of depressing Republican-lite kowtowing to corporations and the one percent.

I know what they’re thinking. Things would be even worse if Mitt Romney had won.

I wouldn’t be so sure.

Policy-wise, a Romney administration would have been pretty much the same as Obama’s second term. Who knows, he might have picked Chuck Hagel as Defense Secretary.

In terms of building the political Left, a President Romney would have galvanized liberals and progressives to fight for a fairer society that treats everyone equally and with dignity. Obama, his sellouts, and his faux liberal apologists represent two steps backwards for progressivism.

(Ted Rall is the author of “The Book of Obama: How We Went From Hope and Change to the Age of Revolt.” His website is tedrall.com.)

COPYRIGHT 2012 TED RALL

The High-Tension Drama of “The Fiscal Cliff”

The media tries to gin up tension over what is essentially an accounting matter: the “fiscal cliff” that would automatically trigger across-the-board budget cuts at the end of the year unless Congress and the President come to a budget deal.

The High-Tension Drama of “The Fiscal Cliff”

The media tries to gin up tension over what is essentially an accounting matter: the “fiscal cliff” that would automatically trigger across-the-board budget cuts at the end of the year unless Congress and the President come to a budget deal.

SYNDICATED COLUMN: Our Contempt is Bipartisan

Both Zombie Parties Too Stubborn To Admit They’re Dead

Neither party gets it.

They both think they won. And they sort of did.

But we still hate them.

Democrats are patting themselves on the back, congratulating themselves for a mandate that neither exists–50.4% to 48.1% does not a mandate make–nor, if were real, would be actionable (Republicans still control the House). “Republicans need to have a serious talk with themselves, and they need to change,” Democratic columnist E.J. Dionne sniped in the Washington Post.

Not likely. If Republicans could change anything, it would be the weather. “If you hadn’t had the storm, there would have been more of a chance for the Romney campaign to talk about the deficit, the debt, the economy,” Karl Rove told the Post. (Which leaves out the fact that the places hit hardest by Hurricane Sandy, New York and New Jersey, are not GOP states.)

“We [Congressional Republicans] will have as much of a mandate as he [Obama] will,” claimed Speaker John Boehner.

The donkeys and the elephants think they’re awesome. Their plan to govern America for the next four years? Keep on keeping on. Why change?

Both parties are insane and self-delusional.

Voters are narrowly divided between the Ds and the Rs–because we can’t decide which one we hate most.

One out of three people think the two-party system is broken, and complain that neither party represents their political views.

A staggering number of people are boycotting quadrennial exercises in pseudodemocracy. Despite the advent of convenient early voting by mail, Election Day 2012 saw a “major plunge in turnout nationally” compared to 2008. About 42.5% of registered voters stayed home this year.

There were a substantial number of protest votes.

In one of the most ignored and interesting stories coming out of Election Day, one and a half million people voted for Libertarian Gary Johnson and Green Party candidate Jill Stein. Since Johnson and Stein were even more thoroughly censored than previous third-party candidates–Johnson and Stein were denied interviews on the major networks and locked out of the presidential debates–many of these votes must have been for “none of the above.”

Democrats didn’t win this election.

Neither did the Republicans.

Give the parties credit: They’ve united us in our contempt. Liberals and progressives hate the Democrats, which takes their votes for granted and ignores them. Conservatives hate the GOP for the same reasons. And moderates hate both parties because they don’t get along.

Who won? Not us.

Since the economy collapsed in 2008, Americans have made consistently clear what their number-one priority was: jobs. Yet the two major parties have focused on anything but.

The Tea Party convinced Republicans to campaign on paying down the national debt. Deficits, the debt and entitlements are important–but those problems are not nearly as urgent as unemployment and underemployment. When you’ve lost your job–as millions of Americans have since 2008–you need a new job now. Not next week. Not next year. NOW. You sure don’t need a job next decade–and that’s if you believe that austerity stimulates the economy. “Romney is not offering a plausible solution to the [unemployment] crisis,” Jonathan Chait wrote in New York magazine back in June. Romney never did.

And that’s why he lost.

Jobs were the #1 issue with voters, Obama never reduced unemployment and Romney had a credible narrative as a corporate turnaround expert. By all rights, Romney should have won. But he never delivered what voters wanted: a credible turnaround plan for the terrible jobs market–one with quick results.

Not that Obama and the Democrats have much to celebrate.

The president nearly lost to one of the worst challengers of all time, a bumbling, inarticulate Monopoly Man caricature of an evil capitalist. Democrats only picked up a few seats in Congress–this to a Republican Party whose platform on social issues was lifted from the Taliban, and whose major political figures included two rape apologists.

Like the GOP, Democrats paid lip service to the economy but never put forward a credible proposal that would have created millions of new jobs next week, not next decade. In 2009, while millions were losing their homes to foreclosure, Obama dwelled instead on healthcare reform. Like the deficits, the healthcare crisis is real and important–but it wasn’t nearly as urgent as the jobs catastrophe. Which, planted stories about fictional recoveries to the contrary, continues unabated.

Four years into an existential crisis that likely marks the final crisis of late-stage capitalism, an economic seizure of epic proportions that has impoverished tens of millions of Americans and driven many to suicide, the United States is governed by two parties that don’t have a clue about what we want or what we need.

Change? Not these guys. Not unless we force them to–or, better yet, get rid of them.

(Ted Rall‘s is the author of “The Book of Obama: How We Went From Hope and Change to the Age of Revolt.” His website is tedrall.com.)

COPYRIGHT 2012 TED RALL

Menu
css.php