Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Wed Oct 23, 2024 2:44 pm

Neocons Circling Trump Campaign
October 22, 2024

Neocons maneuver through the shifting sands of power in Washington to make sure no matter who wins, they remain in charge, writes Daniel McAdams.

Image
Dec. 26, 2018: Then National Security Advisor John Bolton and President Donald Trump, hold a call with Iraq Prime Minister Adil Abdul-Mahdi during their visit to Al-Asad Airbase in Iraq. (White House /Shealah Craighead)

By Daniel McAdams
Ron Paul Institute

Weekend news that “Neocon Nikki” Haley is in talks to hit the campaign trail for Donald Trump should raise red flags to everyone cautiously optimistic that Trump 2.0 will avoid some of the personnel disasters that Trump 1.0 fell into time and time again.

Haley was nicknamed “birdbrain” by Trump in the primaries and he swore that anyone supporting her campaign would be “permanently barred” from Trump’s MAGA camp.

For her part, Haley accused Trump of being “unhinged,” “just toxic” and “lacking moral clarity.”

She even latched on to the left-neocon “Russiagate” narrative that former President Trump was soft on and even beholden to Russian president Vladimir Putin, accusing Trump of “siding with a murderous thug.”

The former U.S. president’s son, Don, Jr. (accurately) quipped that Haley was “created in a laboratory by the neocons.”

Now that Trump looks more likely to re-take 1600 Pennsylvania, however, Nikki’s back and ready to stump for Trump.

And she’s not alone. The one thing neocons understand is how to maneuver around the shifting Washington sands of political power to make sure no matter who wins, they remain in charge.

That’s why some neocons like Bill Kristol and Liz (and Papa) Dick Cheney rallied around the Democrats’ Kamala Harris train.

Trump has very publicly renounced and denounced many of the very people he had serving under him in his first administration, including his former National Security Advisor John Bolton, Defense Secretary Mark Esper, Vice President Mike Pence, and many others.

For most of his administration it appeared his own staff was actively working against him and as soon as he was out of office most of his former “trusted” appointees lined up to attack their former boss.

That is why it is also curious that Politico — a publication with a pronounced anti-Trump bias — put out a piece speculating on how a Trump 2.0 cabinet might be populated.

Now Politico is far from the worst, and in fact we consult it fairly often when thinking about the Ron Paul Institute’s daily Liberty Report, but astute people in our era must consume mainstream media as in the Soviet era and look for the “who or whom” — of the whole thing.

Image
Trump with Haley, the U.S. ambassador to the U.N., at the U.N. on Sept. 24, 2018. (White House/Shealah Craighead)

What is Politico really trying to say in the piece? Are they trying to inform or disrupt? At least they admit that they are “spitballing” in their speculation about who Trump might put into top diplomatic, military and national security positions in his 2.0 administration if it comes to that.

But apparently they base it on his references to each person and whether he gets a positive or negative comment – which itself is a bit of Kremlinology.

For secretary of state, Politico suggests that among five choices he may choose either … neocon Ric Grenell, neocon Robert O’Brien, or…drumroll … neocon “l’il” Marco Rubio!

Likewise for defense secretary, Politico reads the tea leaves and comes up with, among three possibilities, Sen. Tom Cotton or … drumroll …Mike “Lie, Cheat, Steal” Pompeo!!!

The bottom line is that the neocons are flocking back to the Trump world knowing that it is where the (nominal) seat of power may soon lie.

They will flatter him and they will cajole those around them, and a propagandized public will smile and wink that the “experts” are flocking to his administration.

But what have these “experts” achieved? Nothing but failure for the past 25 years, starting with the failed response to 9/11 to the idiotic attack on Iraq to the fake justification for violence embedded in the “Arab Spring” narrative, to our current situation of being on the verge of war with Russia, Iran, China and even BRICS.

They are fully terrible, but they know how to weasel their way into power. Will Trump 2.0 finally banish these parasites to the hinterlands where they belong? “Nikki…buh bye!”

https://consortiumnews.com/2024/10/22/n ... -campaign/

The so-called 'neocons' took full measure of Trump's refusal to 'take orders' the last time... Given that it is looking increasingly difficult for them to keep him out of office without stirring up a hornet nest do they just try to cope with a Trump win in deference to our fake democracy or what?
"There is great chaos under heaven; the situation is excellent."

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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Thu Oct 24, 2024 2:50 pm

(A snippet from the Dept of With Friends Like These Who Needs Enemies'.)

McConnell says ‘MAGA movement is completely wrong’ and Reagan ‘wouldn’t recognize’ Trump’s GOP
Morgan Rimmer, CNN
6 minute read
Updated 8:42 PM EDT, Wed October 23, 2024

<snip>

“I’m not at all conflicted about whether what the president did is an impeachable offense. I think it is. Urging an insurrection and people attacking the Capitol as a direct result … is about as close to an impeachable offense as you can imagine, with the possible exception of maybe being an agent for another country,” said McConnell.

“I don’t know whether you can make a conclusive argument that he’s directly responsible for them storming the Capitol, but I think it’s not in dispute that those folks would not have been here in the first place if he had not asked them to come and to disrupt the actual acceptance of the outcome of the election,” the Senate GOP leader said.

The Kentucky Republican did not mince words, calling Trump a “sleazeball,” a “narcissist” and saying that the former president is “stupid as well as being ill-tempered.” He added that Trump is “not very smart, irascible, nasty, just about every quality you would not want somebody to have.”

<snip>

He called the rioters who entered the Senate chamber, “narcissistic, just like Donald Trump, sitting in the vice president’s chair taking pictures of themselves,” adding it was a “shocking occurrence and further evidence of Donald Trump’s complete unfitness for office.”(more)

(more...)

https://us.cnn.com/2024/10/23/politics/ ... index.html

Well, I still think the events of Jan 6 amounted to a riot and calling them an insurrection is partisan hyperbole. But Trump is responsible for the riot.
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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Mon Oct 28, 2024 2:25 pm

Trump could be heading back to White House

Less than a fortnight before the election, Donald Trump seems to be inching ahead in his race against Kamala Harris. It has left politicos and pundits hedging their bets

Image
Representational imageExpress Illustration| Sourav Roy

M K Bhadrakumar
Updated on:
24 Oct 2024, 2:38 pm

A common refrain is that the race in the US presidential election between Donald Trump and Kamala Harris is a ‘toss-up’, that it hangs on a ‘knife’s edge’, and could ‘go either way’. All that is true, insofar as both candidates still have possible paths to 270 electoral college votes—out of the total 538 distributed among the states. That said, there’s good reason to anticipate the unthinkable—that Trump might be on track for a landslide electoral college victory and a national mandate.

Trump has managed to stem the tide of the race in his favour. His ratings are growing, although not yet significantly ahead of Harris’s. He is strengthening his position in both the key states and nationally. This trend has steadily accrued through the past six weeks or so, and seems sustainable in the 10-day period ahead for the poll on November 5.

On the other hand, for two weeks in a row, while Trump’s ratings have kept up a strong momentum, Harris’s began losing ground both nationally and in key states. The rating aggregator RealClearPolitics still gives Harris an advantage of 1.3 points (as against 2.2 percentage points a week earlier), but that is a shaky lead within the margin of error. Remember, at this point in the presidential race in 2000, Joe Biden was ahead of Trump by 8.9 percentage points.

Harris’s popularity has also dropped from 48 percent to 43 percent during recent weeks, while Trump stands at around 46 percent. The Hill wrote last week, “During the late summer and heading into fall, Harris appeared to be the candidate with the momentum, with Democrats comparing her candidacy to former President Obama’s 2008 run… But recent polls suggest that energy has levelled off. While Harris still has a narrow edge over former President Trump nationally and in several battleground states, she has been losing ground… In the past two weeks, there has been a slight trend toward Trump in some of the battleground states.”


Simply put, the electoral struggle is escalating, and for the fight for key states, the scales may have already tilted in favour of Trump with an average advantage of 1 percentage point. Arguably, the presidential race is now actually reduced to a struggle for three ‘battleground’ states—Wisconsin, Michigan (which traditionally vote for the Democratic Party) and Pennsylvania (where Trump has a slight advantage of 0.7 percentage points).

Trump also appears to enjoy significant ‘hidden support’ among the electorate, which voters are simply afraid to communicate honestly with sociologists. Simply put, voters can claim that they will vote for Harris, but at the polling station actually vote for Trump. Another alarming signal for the Democrats is the results of ‘early voting’, which has begun in a number of states. The Democratic electorate usually prefer to cast their vote by mail or take to ‘early voting.’ But this time, the gap between Democrats and Republicans in terms of voting activity is not so great.

In a guest essay in the New York Times on Wednesday, Nate Silver, the famous pollster forecast that every single one of the seven swing states expected to decide the election — Pennsylvania, Michigan, North Carolina, Wisconsin, Georgia, Arizona, and Nevada — has been moving toward Trump over the course of both the last week and month. With ten days to go until election day, that’s a big deal — especially considering the positive ‘early voting’ returns for Republicans.

The NBC News (no friend of Trump) recalled in a report on Tuesday that the Blue Wall states — Wisconsin, Michigan and Pennsylvania — “paved the path to the White House for the last two Democratic presidents. But… there are concerns within Kamala Harris’ campaign about whether the vice president can claim all three states. Losing Wisconsin or Michigan would mean that even if Harris secures Pennsylvania — where both Harris and Trump have spent the most time and resources — she would not reach the necessary 270 electoral votes to win the White House without winning another battleground state or possibly two.”

The New York Post had a similar report on the Democrats quietly panicking over the Harris campaign strategy as the ‘Blue Wall’ crumbles; MSN headlined ‘Crack in the Blue Wall?’ The Hill had an even more interesting twist to the tale. In a report titled ‘Senate Democrats running away from Harris in Blue Wall states’, the influential US political website—reportedly read by White House officials and more lawmakers than any other site vital for policy, politics and election campaigns—reported that Democratic candidates for the Senate in the Blue Wall states “are signalling that they are… careful about criticising Trump during the high-stakes debates. They have focused on policy and their own records without taking many—or any—shots against the Republican nominee”.

Pennsylvania’s incumbent Senator Bob Casey has even embraced Trump’s tariff policies. The Democratic candidate, who is seeking re-election, launched an ad campaign last week that described him as an ‘independent’ candidate. Apparently, he senses that party affiliation is a liability and he would rather run as an incumbent on his own record, distancing himself from an administration that is viewed negatively by the most part.

The crux of the matter is that the Biden-Harris record is a dismal one, especially regarding parts of the economy and the border. Americans are still stinging from the damage high inflation has done to their living standards. And they’re unhappy about the seven million migrants who are reported to have entered the country illegally, with many states now experiencing the crime and chaos previously limited to border states. Harris has no answers to these issues, and has not been able to distance herself effectively from Biden.

There is little about Harris that is authentic, and given her lack of policy depth and flip-flops on positions like banning fracking, defunding the police and decriminalising border crossings, people don’t know who she is or what she stands for. Her entire campaign strategy is pivoted on the tired ‘Trump is Hitler’ trope. For many Americans, it simply doesn’t add up.

(Views are personal)

M K Bhadrakumar

https://www.newindianexpress.com/opinio ... hite-house

Personally I know no one whose hair is on fire about immigration. Anyone paying attention knows who Harris is, a tool and a cop. Just as we know who Donald is, a maximum solipsist, willfully ignorant, given to all the prejudices native to the class he was born to.
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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Tue Oct 29, 2024 3:04 pm

What Financial Markets Say About the Economic Implications of a Potential Trump Election Victory
Posted on October 28, 2024 by Lambert Strether

By Sören Karau, senior economist in the economics department (Balance of Payments, Exchange Rates and Capital Markets Analysis) at the Deutsche Bundesbank, and Johannes Fischer. an economist in the economics department (Balance of Payments, Exchange Rates and Capital Markets Analysis) at the Deutsche Bundesbank. Originally published at VoxEU.

There is large uncertainty around the economic effects a second Trump term would have. This column assesses the potential implications of Trump winning the upcoming election through the lens of financial market participants. The authors find that investors associate a higher likelihood of Trump winning with adverse supply-side effects on net. In the US, an increase in the prospects of a Trump victory on betting markets is associated with lower stock prices, higher interest rates, and higher market-based inflation compensation. These inflationary pressures are mirrored on the other side of the Atlantic by an increase in euro area inflation compensations.

Some of Donald Trump’s policy proposals could have profound macroeconomic implications, but there is large uncertainty around the (net) economic effects a second Trump term would have. For instance, would the US dollar appreciate due to new tariffs, or would it fall in the face of Trump’s repeated vocal opposition to a strong dollar? And what would a Trump victory mean for US growth or the disinflationary process underway in both the US and the euro area? As the election draws closer, this uncertainty has already led to heightened volatility in financial markets, as documented by Albori and coauthors in a recent VoxEU contribution (Albori et al. 2024). Extending their analysis, in this column we use betting market data in a VAR model to assess the economic implications of a second Trump term from the perspective of financial market participants.

Measuring Trump’s Victory Odds Using Betting Data

We directly measure the market’s evolving assessment of Trump’s victory prospects using data from prediction markets. These markets allow participants to bet money on certain events, including election outcomes. As with other financial market prices, betting quotes then contain all sorts of information that might affect the outcome of the bet, and have been used by Moramarco and coauthors to quantify political risk in a Vox contribution (Moramarco et al. 2020). For our analysis, we use implied probabilities of a Trump victory in the upcoming US presidential election from PredictIt and PolyMarket, as averaged and provided by Bloomberg.

Relative to election polling data – which were used by Albori et al. (2024) – betting odds come with several advantages. First, they account for the particularities of the US electoral system such as the Electoral College.1. An improvement, say, in polling numbers does not necessarily translate into better chances of actually winning the election.2. Second, polling data are gathered over several days and published with a lag. 3. In contrast, betting odds respond to election-relevant news almost immediately in an information efficient way.

However, the odds of a Trump election win, and by implication betting quotes, will generally respond to all sorts of news and economic developments, giving rise to an identification problem. For instance, the publication of surprisingly high US inflation readings might lower the odds of a Democratic win because they could signal continued price pressures that weigh on the current administration’s perceived economic performance. To the extent that an inflation surprise also signals more restrictive US monetary policy, asset prices might fall. Therefore, an observed co-movement of betting odds and asset prices is not necessarily informative about what we are ultimately interested in, namely, the causal effect of changes in Trump’s likelihood to win the election, as interpreted by financial markets.

We overcome this identification problem by exploiting the real-time nature of betting quotes. Specifically, we measure the high-frequency movements of Trump betting odds around key election-related events (see Table 1).4. These events clearly affected the markets’ assessment of the likelihood of a Trump victory, but were independent of other factors such as the state of the economy. This allows us to use these high-frequency movements as an instrumental variable in a financial market VAR, which we describe below.5.

Figure 1 Betting odds around two key election-related events

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Note: Implied probabilities for a Trump (light blue) and Harris/Biden (dark dashed) victory in the US presidential elections 2024 derived from prediction markets around the assassination attempt on July 13 (left panel) and the 2nd presidential debate (right panel). Values in percent. Time refers to Easter Daylight Time (EDT, Washington D.C.).
Source: ElectionBettingOdds.com, authors’ calculations.

To illustrate the approach, Figure 1 shows the evolution of betting odds around two such election-related events. The left panel depicts the implied probability of a Trump victory, next to the one for Biden or Harris, around the failed assassination attempt on Trump on 13 July. In the hours before the event, the likelihood of a Trump victory was steady at around 59%. Yet, once the failed attempt on Trump’s life – and his defiant response in its aftermath – were reported around 6:30pm EDT, the probability jumped up to roughly 65%. The odds of a Biden/Harris win dropped correspondingly. The right panel shows that Harris’ chances of winning increased by almost 4 percentage points around the second presidential debate on 10 September, in line with the perception that Harris delivered a more convincing performance.6. Notably, both events occurred when other US markets were closed (on the weekend and in the late evening, respectively), such that other US news or data releases are unlikely to explain the observed jumps.

Table 1 Events used to construct the instrument

Image
Note: The third column shows the change in Trump’s election likelihood in a 2-3 hour window around the respective event, which we use as the instrument value on these days.
Source: ElectionBettingOdds.com, authors’ calculations.

The Causal Effects of a Higher Trump Election Likelihood on Financial Markets in a Structural Financial Market Model

We estimate a financial market VAR model containing daily observations of eight variables from 1 January to 13 September 2024.7. As outlined, the first variable measures the probability that Trump will win the election, expressed in log odds. Additionally, the model contains two-year treasury yields, the (log) S&P 500, and the (log) EUR-USD exchange rate to capture important aspects of the US economy. We further add prices of assets that arguably stand to benefit from a Trump victory, as often reported in the financial press (the log share price of Trump Media & Technology Group (DJT), and the log price of Bitcoin in USD).8./sup> Finally, we include market-based inflation compensation (inflation linked swaps) in the US and the euro area over the next 24 months as a measure capturing genuine inflation expectations and associated inflation risks.

Armed with the instrument derived from high-frequency movements in betting odds, we can then identify and trace out the dynamic effects of a Trump election likelihood shock. Figure 2 shows that a 20% increase in Trump’s log odds to win the election (equivalent a five percentage point increase in the probability of a win) increases the two asset prices associated with so-called Trump trades significantly: the price of Bitcoin increases by more than 3% on impact, the DJT share price by almost 10%. We interpret these results as lending credibility to the underlying identification scheme.

An increase in the likelihood that Trump wins the presidential election also significantly affects key US financial market prices. Two-year US interest rates rise by roughly five basis points following the shock, whereas the S&P 500 tends to fall at least initially by almost half a percent. The same applies for the EUR-USD exchange rate, implying an immediate depreciation of the euro.9. Notably, both US and euro area two-year inflation swap rates rise and reach a peak response of almost four basis points.

Figure 2 Impulse responses to a Trump election likelihood shock

Image
Note: Impulse responses in the daily financial market VAR model to an exogenous shock to the likelihood of a Trump victory in the US presidential election, normalized to increase Trump’s log odds by 20% (equivalent to a five percentage point increase in the implied probability). All values in percent(age points). Dark shaded areas denote 68%, light shaded areas 90% confidence bands.

Taken together, the impulse responses suggest that market participants associate a Trump election victory, if anything, with contractionary supply-side effects on net. Such an interpretation would be in line with standard macroeconomic theory to the extent that some of Trump’s policy proposals (imposing additional tariffs, expelling migrants) would increase price pressures but weigh on potential output in the US. If instead demand-type effects dominated, one would expect the observed rise in inflation expectations to be accompanied by an increase in broad stock market valuations. The estimated increase in two-year interest rates can be rationalised by the expectation of tighter US monetary policy as a response to rising inflationary pressures. Finally, a weaker euro is in line with expectations that Trump would raise tariffs also on European and not just on Chinese goods (Jeanne and Son 2024). This euro depreciation, alongside higher tariff-driven import prices, would transmit inflationary pressures to the euro area as well.

Footnotes

1. Under the Electoral College system, each state is allocated a certain number of electors who then elect the president. This implies that it is not the total number of nationwide votes (the popular vote) that is important. Instead, the election is in practice ultimately de-cided by voting outcomes in certain key states.

2. Polling data must be aggregated from a variety of nationwide surveys and those conducted in individual US states that vary in their importance for actual election outcomes due to the Electoral College system.

3. Albori et al. (2024) use this feature of their polling data for identification. However, as there are often many consecutive days without new polls being published, using polling data can result in measurement error and wide confidence bands.

4. For that purpose, we gather the raw data from electionbettingodds.com a website that averages betting odds from several prediction markets.

5. The instrument corresponds to the change of the implied election likelihood in a short time window around the events, and is zero on all other days. Such an instrumental variable approach mirrors one that has become standard in empirical macroeconomics to, for example, identify shocks to monetary policy (see e.g. Gertler &amp; Karadi, 2015). Intuitively, it isolates that variation in the time series that is due to the shock of interest rather than other confounding factors. We confirm high instrument relevance, with an F-statistic of a regression of the model residuals on the instrument of &gt; 30.

6. The Economist notes that the viewers saw Kamala Harris as the victor of the debate in instant polls.

7. As a result, the sample does not cover the recently observed divergence between individual prediction markets. We specify five lags, equivalent to one week, and use standard Bayesian Minnesota-type priors.

8. Trump has in recent months repeatedly voiced his advocacy of cryptocurrencies, reportedly claiming he would become a “crypto President” if elected. This culminated in his attendance of a Bitcoin conference in Tennessee in July and the launch of his own crypto-currency project, World Liberty, in September, for which Trump himself serves in the capacity of “Chief Crypto Advocate”. There has also been talk about plans to introduce a “strategic Bitcoin reserve”, under which the US government would buy Bitcoin as a reserve asset.

9. Both these responses – of stock prices and the EUR-USD exchange rate – are larger, more persistent and much more statistically significant when estimating the model starting in March 2024 or later.

https://www.nakedcapitalism.com/2024/10 ... ctory.html
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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Mon Nov 04, 2024 3:49 pm

The West Eyes Only Itself
November 3, 2024

By María Páez Victor – Oct 30, 2024

The Western media and pundits have had their eyes riveted on the nefarious and imminent US election, which is understandable. If a novelist had written a story about a superpower with a presidential candidate as deranged as Trump, surrounded by gullible, alienated voters, backed by an unscrupulous party of raving sycophants, a hodgepodge of an electoral system, plus a pusillanimous opposition, it is likely the novel would not have had much success as it would have been considered too unreal.

But this is no novel. We are witnessing history, a very alarming and portentous history of the Western world. The scenarios are the possible coming to power of a vengeful, ignorant narcissist as head of the superpower of the world, or if losing he rejects the electoral results (which he has done before) giving way to violent events throughout the USA, a country where there are more arms than people who have a constitutional a right to own and use them.

If this were purely an internal domestic matter, many of us might, uncharitably, not care. Let that imperious nation be governed as it deserves! The truth is that the USA not only has an armed citizenry, but it also has the most powerful military the world has ever seen. Therefore, the election on November 6 will affect more than its own citizens; it will affect all of us, no matter where we live and whether we like it or not..

(Much more, concerning BRICS)

https://orinocotribune.com/the-west-eyes-only-itself/

******

Both Harris and Trump “want the US hegemony over the world to continue,” says Prabir Purkayastha

Both the leading candidates Trump and Harris have almost identical agendas of promoting US imperialist interests but equally fail to take note of significant shifts in global politics.

November 03, 2024 by Abdul Rahman

Image
Donald Trump and Narendra Modi at the 'Namaste Trump' rally in Ahmedabad in February 2020. Photo: Narendra Modi/ X

On November 5, the people of the United States will head to the polls to elect their next president and legislators. The two leading contenders in the presidential race, Donald Trump from the Republican party and Kamala Harris from the Democratic Party are neck and neck in the majority of opinion polls so far, generating increased speculation on what the outcome will be and what impact their policies may have on the world.

With regards to South Asia, historically, the US has maintained relationships of a different character with countries in the region, and these relationships have rarely been impacted by a particular electoral outcome. Nevertheless, leaders and analysts in the region have attempted to calculate which particular party or candidate will be better for their foreign policy objectives.

In India, experts are divided. While Harris’ Indian roots have appealed to a large number of them, the current prime minister in India, Narendra Modi and his Hindu supremacist, ultra-right party Bharatiya Janata Party (BJP) seem to have greater bonhomie with Trump due to their common conservative beliefs. During the last election campaigns in 2019 Modi was even accused of canvassing for Trump during his visit to the country. Donald Trump made a historic visit to India in 2020 and was received with a massive ‘Namaste Trump’ rally at a cricket stadium.

Nevertheless, their shared conservative beliefs do not necessarily translate to common ground on policies which impact the US-India relationship, such as trade, immigration and on geopolitical positions. And despite Trump announcing his administration would “strengthen our greater partnership with India” in a post on X, Trump’s high tariff policies would not benefit India, whose biggest trading partner is the United States. Additionally, in 2019, Trump removed India’s status in the Generalized System of Preferences (GSP) program which provides favorable trade conditions for certain items from certain developing nations. The GSP program then expired under Trump in 2020. Others seem to agree, claiming that if Trump emerges victorious it may give India more space and standing on geopolitical issues whereas a Harris administration would be better on issues of trade and immigration.

The situation is similar with most other countries in the region. Analysts from both Pakistan and Bangladesh note that Trump’s focus on domestic politics and his vocal pledge to turn away from foreign conflicts may be advantageous for their countries.

Speaking to Peoples Dispatch, Sharif Shamshir from the Workers Party of Bangladesh (WPB) claims that Democratic administration led by Joe Biden and Harris had been supportive to regime change forces in Bangladesh, referring to the recent resignation of prime minister Sheikh Hasina and formation of an interim administration under the leadership of Nobel Laureate Mohammad Yunus.

Shamshir claims that Yunus has close relations with Democratic party leadership which refused to criticize the violence and oppression of the opposition after Hasina’s ouster. Meanwhile, Trump condemned the violence against Hindus and other minorities in his post on Diwali on X, which according to the WPB activist, was largely a bid to court Hindu voters in the US. Indian Americans are the second largest immigrant community only after Mexican Americans, and there are some 2.6 million Indian Americans eligible to vote in Tuesday’s election.

Shamshir believes that, there is a possibility that a future Trump administration, mostly because of its stated focus on domestic issues, may not be interested in Bangladesh’s internal politics as much as the Biden administration has been.

“The difference is only in style”
However, the Left in the region broadly has a consensus over the fact that the US presidential election is ultimately a race without much meaning for the rest of the world. They particularly highlight the bipartisan consensus in the US on continuing policies which serve the imperialist interests of maintaining its hegemony over world affairs. They have noted that differences between Trump and Harris are superficial at most.

Prabir Purkayastha, editor in chief of the NewsClick, told Peoples Dispatch that whether it is Trump or Harris they “want the US hegemony over the world to continue” and they will never compromise on the basic objectives of the US foreign policy in West Asia, Russia, and China. They will neither let go of their so-called “rules based order” and continue to unilaterally violate and misuse international institutions.

Taimur Rahman of Pakistan’s Mazdoor Kisan Party concurs. He says that both the major candidates in the US elections, despite minor differences, have similar approaches to most of the major problems in world politics. Citing the example of “bipartisan consensus” over Palestine, Taimur says, “the people of the world can only conclude that on the most vital questions of world politics there is hardly any meaningful difference between the two candidates.”

Bappa Sinha, an Indian analyst, also agrees with Prabir’s point. “There seems to be a very high level of policy continuity between Democratic and Republican administrations on most important issues” which makes it doubtful that there will be any difference for South Asia or the world in general no matter whoever wins.

Whatever little differences between them, they are “simply stylistic” Prabir says. “For Trump, bullying is the new diplomacy. He believes that by bullying and threats, he can rebuild the hegemony of the US. Kamala Harris believes that the old methods of persuasion, threat of sanctions and good old-fashioned regime change can be reworked to achieve the same objective. The difference is only in style.”

However, Prabir concludes on a positive note claiming they are also similar because, “both have no comprehension that the world has changed irretrievably, and no amount of either bullying or clever diplomacy will restore either the Western hegemony over the world or the US as the sole hegemon.”

(Italics & 'red' added.)

https://peoplesdispatch.org/2024/11/03/ ... rkayastha/
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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Tue Nov 05, 2024 3:18 pm

Report: Trump Plans UK-Style Attack on Israel Criticism
November 4, 2024

Joe Lauria says the Heritage Foundation’s “Project Esther,” as covered by Drop Site News, replicates the U.K.’s use of a terrorism law to criminalize pro-Palestine speech and activism.


Image
Former President Donald Trump at a campaign rally in Glendale, Arizona, on Aug. 23. (Gage Skidmore, Flickr, CC BY-SA 2.0)

By Joe Lauria
Special to Consortium News

A second Trump administration could criminalize criticism of Israel’s genocide in Gaza as support for terrorism, along the lines of the British Terrorism Act, according to a report in Drop Site News.

The report says the plan is to “break the pro-Palestinian movement in the U.S.”

“The plan, dubbed ‘Project Esther,‘ casts pro-Palestinian activists in the U.S. as members of a global conspiracy aligned with designated terrorist organizations. As part of a so-called ‘Hamas Support Network,’ these protesters receive ‘indispensable support of a vast network of activists and funders with a much more ambitious, insidious goal — the destruction of capitalism and democracy,’ Project Esther’s authors allege.

This conspiratorial framing is part of a legal strategy to suppress speech favorable to Palestinians or critical of the U.S.-Israel relationship, by employing counterterrorism laws to suppress what would otherwise be protected speech, legal experts told Drop Site News.”


The authors of the plan are part of the right-wing Heritage Foundation’s Project 2025, Drop Site says. Former President Donald Trump has tried to distance himself from Project 2025 but he is a strong supporter of Israel, having moved the U.S. embassy to Jerusalem and accepted Israel’s annexation of Syria’s Golan Heights, considered illegal by the U.N. Security Council.

The Washington Post reported in May that Trump told donors in New York that he would deport foreign students if they demonstrate for Palestine. “One thing I do is, any student that protests, I throw them out of the country. You know, there are a lot of foreign students. As soon as they hear that, they’re going to behave,” Trump told the donors, the Post reported.

The report in Drop Site News, written by Ryan Grim and Murtaza Hussain, quotes an attorney at Palestine Legal as saying that

“concepts like the ‘Hamas Support Network’ or ‘Hamas Supporting Organizations,’ another term that the authors use to describe pro-Palestinian activist groups, is intended to construct a narrative justifying the use of counterterrorism and sanctions laws to suppress the First Amendment rights of individuals involved in the pro-Palestine movement …”

‘They need to make a claim that these organizations are being directed and controlled by Hamas, which they’re not,’ attorney Dylan Saba said. ‘So their claim now is that these organizations are effectively serving as a propaganda wing for designated terrorist organizations.’”


This is precisely what the British government has been doing.

2000 Terrorism Act

Using the 2000 Terrorism Act, authorities have been stopping journalists and activists at border entry points to interrogate them, sometimes arresting them, or conducting raids on their homes all because they dare expose and condemn Israel’s ongoing barbarism in Gaza and now Lebanon and misconstrue it as support for proscribed organizations, namely Hamas and Hezbollah.

Among those interrogated under the Terrorism Act for this purpose have been Craig Murray, writer, former British diplomat, new Consortium News board member; journalist Richard Medhurst who was held in a cell for 24 hours; and Asa Winstanley, an editor at Electronic Intifada whose home was raided by counterterrorism police.

[See: Police Escalate Britain’s War on Independent Journalism]

If Trump wins we could expect the same thing as is happening in the U.K. from his second administration, according to Drop Site News.

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Heritage Foundation headquarters in Washington, D.C. (Ser Amantio di Nicolao, Wikimedia Commons, CC BY-SA 3.0)

“To achieve its goals, Project Esther proposes the use of counterterrorism and hate speech laws, as well as immigration measures, including the deportation of students and other individuals,” Drop Site News reported.

The draconian measures being planned also include using racketeering laws “to help construct prosecutions against individuals and organizations in the movement,” the site reported.

[Related: Georgia Frames Cop-City Protest as Criminal Conspiracy]

The project would first attempt to purge “propaganda” from schools, then intimidate students not to take part in protests. This process is expected to lead to a point where “both the U.S. public and a preponderance of Jewish community perceives HSOs” — short for Hamas Support Organizations — “as a threat to their safety.”

Their aim is to crush the anti-genocide movement within 12 to 24 months.

As with most things in the duopoly, the Biden administration has given Trump a head start by designating a Palestinian prisoner support group named Samidoun a terrorist organization, the site says.

Israel has been accusing any critic of being pro-Hamas, such as how they smeared U.N. Secretary-General Antonio Guterres. Or they accuse you of being part of Hamas. What is even more disturbing is that Western governments have taken up these ludicrous claims to ensure Israel remains above criticism while it openly commits genocide.

It is one of the most transparent tricks going back millennia for a government to smear its legitimate critics as being card-carrying members of its most ardent enemies — and Western governments are willfully falling for it, criminalizing journalists who oppose the slaughter.

If Trump wins and follows through with this plan he will be totally abrogating the First Amendment, which is supposed to separate the U.S. from the country it rebelled against a long time ago.

https://consortiumnews.com/2024/11/04/r ... criticism/

******

(Old news, but skip down to the charts.)

Flipping the Script
In tonight's presidential debate, both candidates should explain who will benefit from their proposed deficits.

Stephanie Kelton
Sep 10, 2024

Later today (9:00pm ET), Vice President Harris and former President Donald Trump will square off in their first (and perhaps only) debate before the November election. The moderators—two ABC News anchors—will press the candidates to answer questions about a wide range of important domestic and foreign policy issues. They will also, almost certainly, ask them to articulate their plans for dealing with government deficits and the (so-called) national debt.

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As president, Donald Trump never gave the deficit much oxygen. He only used the word “deficit” twice during any State of the Union (SOTU) address, once in reference to America’s trade deficit and then again when he described the nation’s infrastructure deficit.

To those who squawk incessantly about debt and deficits, Trump’s indifference to the budgetary effects of his policies was seen as reckless and unserious. He simply didn’t care. In fact, back in 2019 when ABC News asked Trump’s Acting Chief of Staff, Mick Mulvaney, whether the president was going to comment on the government’s ballooning deficits, Mulvaney simply replied, “nobody cares.”

Trump was right. Almost no one in America is lying awake at night worrying about the government’s finances.

Every Deficit is Good for Someone

What Trump appears to have understood—and, frankly, what republicans have long known—is that every deficit is good for someone. Why is that? Because, as the sector financial balance (accounting) framework reminds us, on the other side of every government deficit lies a financial surplus that accumulates in some other part of the economy.1 Why do republicans tend to run up the deficit whenever they get the chance? Because they know that it produces a windfall for someone else.

Remember the sweeping tax cuts that were passed in 2017 when republicans had control of the House and Senate? They added an estimated $1.9 trillion to government deficits. Republicans voted for that legislation knowing that those deficits would feed almost two-trillion dollars into the non-government sector. But where did that windfall go? The answer is that the vast majority went to large profitable corporations and the wealthiest people in America. Remember, every deficit is good for someone. As you can see below, the deficits created by the Trump tax cuts were really really really good for the folks in the top 1%.

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If given the chance, Trump will return to the White House with an agenda that would increase (primary) deficits by an estimated $5.8 trillion over ten years. The same budget model finds that Vice President Harris’s policies would increase deficits by $1.2 trillion to over the same period.

Is bigger better?

While it is an indisputable fact to acknowledge that every government deficit is matched, dollar-for-dollar, by a financial surplus in the non-government sector, it would be foolish to conclude that the best set of policies is the one that dumps the biggest pile of cash into the broader economy. Yes, every deficit is good for someone. But for whom? Can it be done without stoking inflation? And what are those deficits helping us to accomplish as a society? Fatter wallets for those at the very top or safer communities, better health outcomes, and a cleaner environment?

When the question is put to both candidates tonight, instead of pointing fingers and waging a rhetorical war against government deficits, both candidates should take a deep breath and explain how they plan to use the deficit to deliver material gains for the American people. The moderators should know this too. They should press each of the candidates to explain who will benefit (and how) from the contributions that their deficits will make to the broader economy.

For example, Donald Trump should be asked why, according to the Penn Wharton Budget Model, the benefits of his large deficits would go—yet again— disproportionately to folks at the top of the income distribution. Instead of making him defend the budgetary effects of his agenda, make him defend the distributional effects!

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When the moderators (inevitably) fail to do this, the Vice President should do it for them. She can point to the same budget model, which shows that her deficits are designed to benefit a very different constituency—i.e. the vast majority of working class Americans.

Image

Voters care about what each of the candidates would do as president. Policy matters. But it’s at least as important—and probably more so—to show them who you’re fighting for.


1Over time, the flow accumulated deficits pile up into a stock of safe assets issued by the U.S. Treasury—government securities known as T-bills, notes, and bonds. The stockpile of Treasuries is, colloquially referred to as “the national debt,” an unfortunate way to refer to the funds held in these government savings accounts.

https://stephaniekelton.substack.com/p/ ... the-script

Well yes, 'show you who they're fighting for'. But have the Dems done that, has Harris done that, other than on a few culture war issues? Hell no, ya think they want to be accused of class war? The donor class might look dimly at that. And we know the priorities of either party, and it ain't us.

Which is not to say that the numbers here for a Harris regime are in any way satisfactory, they are far from that. The upper 10% needs to pay more taxes, not less. But they will not as long as they control the government. And so the Dems here might again be depicted as the 'lesser evil'. Which of course they are not, but the above does disabuse the absurd idea that Trump is a 'populist', something both his fans and the Dem establishment desperately believe.

******

Sad West, what have you come to!…

José Goulão

November 5, 2024

Kamala or Donald are both part of the problem, not the solution.

We hear and read that the current episode of the North American presidential elections is the most important electoral act of all time in the country, perhaps in world history.

An alarm. Once again the empire is looking at its own navel and its satellites are anxious to know whether they will pay allegiance to a certain Kamala Harris, a loud-mouthed megaphone, or to the well-known Donald Trump, a populist and fascist narcissist who plays with the world as if it were a scoundrel imitating Charlot’s brilliant scene in “The Great Dictator”.

This is the “democratic” choice par excellence. The model of selection of “representatives of the people” that all “civilized countries”, the privileged members of the elite of the collective West, must follow in order not to be marginalized within this sacred Olympus. This is how “liberal democracy”, formerly “Western democracy”, works, the only one that is accepted within the framework of the “rules-based international order”, that is, international law bending to the interests, arbitrariness and expansionism of the empire. We have reached the moment when, in the West, the nominal head of the empire is designated with a happening in which one of two imbeciles is selected: one ignorant, hollow, functioning like a broken record but dangerous due to the apparatus that manipulates her; and ignorant, visibly sociopathic and dangerous for who he is and for the narrow-mindedness, alienation and potential violence of the layers of a sick society that support him.

The North American electoral duel between democratic Kamala and Republican Donald defines the virtues of our “liberal democracy” like few others. It imposes voters’ “freedom” of choice between candidates nominated by a duet of parties that differ little or nothing in practical action and are both emanations of the so-called military, industrial and technological complex, the real power in the United States and its Western satellites; a fusion between state and corporate power that, as far as we are directly concerned, manifests itself through the term “Blob” – created during the Obama administration and which reflects the bipartisan consensus on the need for a robust United States military presence throughout the world, also known as “Washington rules”. Figureheads associated with the “blob” concept are Hillary Clinton and Bill Gates – and that’s all said.

With no intention of distorting reality, the political system based on this fusion between the State and large corporations works, in practice, as a single party with two mimetic tendencies that have long since severed relations with voters, except in idiotic scenarios, but in filling the Hollywood-style eye, which multiply in times like this, of “electoral campaigns”.

Notice now how this model has been gradually exported to all agents of “liberal democracy” throughout the West: two political currents with a “vocation for government”, social democrats and conservatives, harmlessly divergent on social issues and absolutely convergent in the inhumane system neoliberal economic and financial, neoliberalism, to which all political activity is subject. Between “liberal democracy” and the one-party system there is a practical twinning, increasingly penetrated by the fascist environment as irreversible economic and social problems intensify.

Fake game

The alleged duel between Kamala and Donald is nothing more than the fulfilment of a ritual in quadrennial cycles that, one after the other, changes the faces (not always) that will be the protagonists of the tragicomedy brought to the scene, with unhealthy obsession, by the monster tentacle into which the global info-propaganda apparatus formatted as infotainment has become, information as alienating entertainment.

Despite the system’s stubbornness and the massive poisoning of the populations, there are encouraging signs that, although in a more or less long term, the spell could turn against the sorcerer. Imagine that, in the United States, the prestige of journalists is already lower than that of congressmen, according to the research company Gallup, unaware of their insertion in power environments. In the simplicity of its formulation, the Gallupian conclusion says everything about the decrepitude of the marvellous regime and sanctuary of “liberal democracy”, of “our civilization”, of the garden threatened by barbarism which, by the way, took on an even more demonic form at the recent summit of the BRIC held in Kazan, provocatively in Russia.

Research tells us that the prestige of congressmen, that is, of politicians “chosen” by voters to represent them, is traditionally known to translate the lowest level of credibility, which only ennobles the prestige of this type of democracy; because imagine that journalists, a layer for which North Americans still seemed to have some respect, managed to surpass the “elected” in this fall into the abyss of contempt. Nothing that surprises us or should surprise us: it is one of the misfortunes of our daily lives also in Portuguese lands, by its own vocation and also as subsidiaries of the miserable European and Western scene in general. Imperial osmosis is rapid and lethal in the strategic terrains of info-stupidification.

For the most part in relation to congressmen, the respectability of presidents will certainly be at a low level. Hence the duel between Kamala Harris and Donald Trump is nothing “more important” compared to so many others. It is not because Joseph Biden, the incumbent president, withdrew from the scene because he had finally assumed (or had assumed for him) his physical and cognitive insufficiencies, that the United States stopped functioning. The state-corporate apparatus is always in activity, it governs 24 hours a day because this determines the permanent and globalist urgencies of its interests, the fulfilment of which is ensured by disposable entities that believe they live in or have found the “paradise of opportunities” before being thrown in the trash.

The fight between Kamala and Donald, as happens in wrestling sessions, is rigged by definition, although in fights in the ring it is not conceivable that there will be attempts to eliminate one of the competitors by shooting. Hence, as everything indicates that this has happened regularly, suspicions regarding the transparency of voting and unlikely confusion between electronic voting, in-person voting and voting by mail are to be expected. Distrust was further amplified by the fact that representatives of the candidates were not present at the counting events. What paragons we would be subject to if anomalies like these happened – which they don’t – in Venezuela, Bolivia, Russia, South Africa, Angola and so on. However, none of this should bother us, it is only up to us to vehemently deny the signs of fraud: the cyclical appointment of the president of the United States is the supreme act of “liberal democracy”, it has the seal of guarantee whatever happens, it is the model that we all must – rather, have – to follow.

It could be argued, as souls who do not allow suspicion regarding the perfection and superiority of “our civilization” and its respective democratic mechanisms always do, that there is no proof of this bias, the suspicions are nothing more than speculation, the bad loss of the defeated, or even fake news or ill-fated conspiracy theories.

Let’s be clear: do you think there is transparency in discrimination and differences in treatment between parties during pre-campaigns and electoral campaigns? Aren’t there parties that, by definition, have a “vocation” to govern while the others, mere supporting actors, are doomed to ensure innocuous pluralism? Are the financial means of candidates and applications fair and balanced? Are the financiers of parties and candidates people and entities interested only in the clear and limpid functioning of democracy and do they never intend to collect the agreed rewards downstream that justified the investments made upstream? And the insidious info-propaganda covers electoral events in a balanced way, does it give voice and opportunities equally to all competitors or just to the “appointed”, those who represent the two tendencies of a democratic regime as it should be, plus their respective adjacencies?

These and many other questions that we could add are pertinent to identifying and defining the democratic standard, our lighthouse and our guide; and, fulfilling the natural order of things, it applies equally to the proud and unctuous satellites orbiting the planet that reflects the sun of “our civilization”.

What will change

Kamala Harris and Donald Trump. The credibility of these candidates is such that for the first time in many decades the Washington Post, one of the regime’s instruments and a very faithful instrument of expansionism and imperial militarism, does not recommend voting for any of the putative presidents. Normally it does so to favor the Democratic Party candidate, wanting to be in harmony with the “fine” and “chic” clientele of the Beltway, the sanctuary of the powers that be. Kamala, however, does not fit into the standards of this elite, she cannot align two ideas with savvy, she does not meet the metrics of verbiage and borders on nonsense, she has frequent difficulties in repeating the messages, even if primary, that are explained and recommended to her – resembling – to Biden when dementia made him even more dependent on headphones and the teleprompter. Furthermore, he lacks style, the souplesse typical of politicians with pedigree. It can be seen that it was the possible solution, found outside the usual so-called democratic formalities designated as “primary elections”; was hastily removed from the vice presidency when it was realized that Joseph Biden would not notice the end of this term, much less a new term.

The Washington Post paid the price for its “abstention”: it lost 200,000 subscribers in the blink of an eye – Democrats do not forgive anyone who falters, even in the face of a stairwell candidate. Yet the influential Los Angeles Times and USA Today made the same decision. Kamala Harris is more or less left to her disabilities and a device that supports her unwillingly because she has no other choice. Research slays it but, as Western rules in this matter reveal, they are not reliable, because they essentially serve to lie and manipulate. Furthermore, depositing the ballot in the ballot box is just one detail of the “liberal democratic” game,

What about Donald Trump? It corresponds to what is most ultramontane in the United States, to the mafias of religious sects, to the ignorance that flourishes like thistles across the country. He’s a cheater and a liar. He ended the war in Syria but quickly decided to attack the country with missiles and occupy it with more contingents of troops to guarantee – he said – the theft of oil. He was withdrawing from Afghanistan but preferred to leave the NATO humiliation to Biden. The Guantánamo concentration camp, an exponent of imperial terrorism, has not yet been closed. The consequences of the logs he set on fire in the Middle East thanks to his unhealthy support for Zionist Nazism are visible.

We thus predict what will happen with his promise to end the war in Ukraine in the blink of an eye while ensuring that he “puts Putin in order”. An oligarch, kleptocrat and eternal politician’s apprentice, a dangerous, very dangerous unconscious.

What will follow this electoral scenario that unfiltered displays the degrading, painful, incompetent and disoriented state that a drifting West has reached?

The ruling military, industrial and technological complex, the centre of imperial power that functions as presidents and congressmen pass by, will continue to speak, as always, the decisive words.

These guarantee us more of the same, although variations can be seen so that everything remains the same regardless of the candidate to whom the White House tenant is assigned.

Domestically, more taxes, less taxes, the rich will continue to be even richer and the poor will become poorer and in greater numbers, whether the crisis is benign or catastrophic. Education will sink even further into starvation, health will continue to be less and less for some; Public infrastructures, from bridges to transport, schools and housing in disadvantaged neighbourhoods will continue to crumble due to lack of maintenance. The environment will deteriorate further as the “green transition” advances, genetically modified organisms will poison food more, crime will ruin and murder without rest, the trade and consumption of natural or chemical drugs, which are renewed every day , they will produce more zombies and liquidate millions of human beings on a scale. “Our” paradise tends to be confused with hell.

On the external front, with Kamala or Donald, war will continue to be the priority of priorities in the form of military aggression, colour revolutions or economic and political sanctions, no matter what they promise now.

Ukraine’s announced defeat by Russia raises doubts and uncertainties about the future behaviour of the Pentagon and NATO, regardless of the current president. The military and economic pressure on China and the terrorist manipulation of the situation in Taiwan will continue to escalate while Zionism will follow its path (and that of the planet?) towards the abyss, always with the support and protection of the United States and its respective satellites, commit whatever atrocities you commit. Ultimately, he is the defender of “our civilization” in the Middle East, Netanyahu dixit, and he has not been disproved.

Trump appears to be more threatening on Chinese and Middle East issues, but the Democratic Party’s foreign policy is not far behind in aggressiveness and irresponsibility.

The European Union and NATO are in tears, alarmed by Trump’s hypothetical victory. Needless desires: they should be more confident in the essence of imperialism. With one president or another, the mission of the Atlantic Alliance will be to continue expanding to the borders with Russia, tighten the siege around this country and divide it into a conglomerate of submissive states. The European Union will continue to be despised by Washington and enjoy being treated that way. Germany has just honoured Biden, the president who broke the Nord Stream, indispensable for its economic strategy and for getting out of the hole in which it continues to sink.

The plunder of world goods and wealth – or at least the continuous attempts to guarantee it – will not depend on the choice between Kamala or Trump: it is a routine part of the history of the last centuries of colonialism and imperialism.

In their conviction of civilizational superiority, which leads them to confuse desires with realities, to live in a parallel reality or to pretend the non-existence of developments that they do not control, the Western economic, military and political classes, under the command of the United States, make many mistakes often targets or confuses the sources of their concerns. In reality, choosing between Kamala and Donald should be far from his biggest problem. The transformations that are taking place in the world and quite consistently threaten the so-called “civilizing” authoritarianism of the “rules-based international order”, these are to be taken seriously, telling us that nothing will ever go back to the way it was just a short time ago, for example before of the open war started in Ukraine. The status of 500 years of colonial and imperial impunity is for the first time being questioned by an overwhelming global majority representing more than five billion human beings of the eight billion who inhabit the Earth. And in that regard, it doesn’t matter if Kamala Harris or Donald Trump are the imperial bosses on duty.

We also know that one or the other, whatever, will have their finger on the trigger of a nuclear arsenal capable of destroying the planet and humanity several times over and that, regardless of who is chosen, both are driven by interests tempted to activate it as if it were possible. produce only “limited effects”; or even, as happens with the crazy Zionists in power, to prefer the hecatomb of the final judgment so as not to witness a hypothetical end of Israel.

And for that matter, Kamala or Donald are both part of the problem, not the solution.

This is what we must fear and fight with all our strength and means. We are part of the solution.

https://strategic-culture.su/news/2024/ ... u-come-to/
"There is great chaos under heaven; the situation is excellent."

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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Wed Nov 06, 2024 1:04 pm

When an Immoral Nation Votes, Don’t Expect Change
Posted by Internationalist 360° on November 4, 2024
John Varoli

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Across the globe, the U.S. Govt proves itself the main source of strife, war, repression and genocide. No election can change this. The system is predatory; citizens indifferent and immoral.

Recently, Donald Trump said he’ll issue an ultimatum to Moscow to remove its troops from ethnic Russian regions that were arbitrarily given to the Ukraine Soviet Republic by the Bolsheviks over a century ago. How ironic that Donald Trump, in effect, sanctions the actions of communist revolutionaries.

A person’s attitude towards Russia and Zelensky’s brutal regime are a litmus test — Do you stand for human rights, justice and civilization; or do you stand for ethnic cleansing, totalitarian rule, and the suppression of basic human rights?

I was hoping to see leadership and backbone from Trump on this matter. But he has shown none. He has caved to the ‘Deep State’ that he claims to fight against. The usually outspoken Trump suddenly goes timid on the topic of Russia, afraid to say anything to upset the status quo promoted by the U.S. foreign policy elite.

A man who is fighting the ‘Deep State’ does not shake hands with one of its protégés, the brutal butcher and dictator Vladimir Zelensky. A genuine leader speaks the truth, even when it’s not easy and potentially costly. Russia is not our enemy. Period. Russia is the enemy of globalist oligarchs who Trump claims to be fighting against. So why is it so difficult for him to call for peace with Russia?

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Do you recall that nauseous feeling whenever you hear about a school shooting in America? Small and teenage children picked off and murdered in cold blood by a crazed shooter — nothing could be more sickening. Right?

That moral anguish, however, disappears when it comes to bombing and massacring children in the Middle East and Russia; when young men dodging the draft are hunted down and shot by Zelensky’s regime; when Orthodox Christian churches are closed, burned and bombed, and the priests beaten and jailed, also in Ukraine. All these crimes committed in the past year, paid for by American taxpayers, yet few among us care.

Wherever there is war, mass slaughter and repression, you’ll often find the U.S. government fueling the fires. Meanwhile, our corporate media justify the bloodshed as a necessary price to “defend democracy.” Sadly, none of this is new; it’s consistently been the case for 125 years, ever since we conquered the Philippines, massacring about 400,000 civilians who resisted our invasion.

I just returned from three weeks in Japan, and visited the Tokyo Raid Memorial, which commemorates the day in March 1945 when in the course of an hour the U.S. incinerated over 100,000 civilians as part of a deliberate terror bombing campaign. That raid is history’s single worst case of mass murder in a single day.

I also visited Hiroshima. One can’t fully understand the horror of the nuclear bomb until you visit. No amount of reading or viewing of video/photos can fully convey the evil of dropping the nuclear bomb on innocent civilians. Remember, Japan never attacked the U.S.; it attacked a naval base that was on territory (Hawaii) illegally occupied by the U.S. since 1898. So what right did the U.S. have to justify massacring millions of Japanese in revenge?

Nothing is more “American” than bombings and mass murder. Don’t deny it. It’s in our DNA. “Wipe Iran off the face of the earth”. “Nuke ‘em”. “Bomb them back to the Stone Age”. No other nation speaks like that in regard to others; but these phrases are common American parlance when discussing foreign affairs, revealing what an immoral nation we are: One Nation Certainly Not Under God.

How can any sane and moral person utter such militaristic phrases unaware of the amount of suffering and misery to which others are condemned for the ‘crime’ of not submitting to the U.S. imperial steamroller. We seem to have no moral qualms when our government commits mass murder abroad, as long as it’s in the name of promoting ‘democracy’ and ‘freedom’.

Conclusion — dress up war and mass murder in beautiful words and noble intentions, and Americans will find it acceptable.

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As the world’s leading global power, foreign policy should be the issue that determines presidential elections. But it is not. Most Americans are more worried about the price of gasoline, which for the past two months has suspiciously hovered at record lows in order to boost the fortunes of the incumbent Democrats.

Understanding U.S. foreign policy is very simple. We only need to ask the question: Is the U.S. fostering peace and order, or is it destabilizing the globe? Events of the past 35 years are very clear — the U.S. government, and the oligarchs who control it, have repeatedly proven themselves to be the greatest threat to the global order.

I’ll never forget that day in summer 1990 when the U.S. began beating the drums of war against Iraq. It was the end of an era. From 1975 to 1990, the post-Vietnam era, the U.S. was a relatively peaceful nation that avoided major conflicts, even negotiating an end to the nuclear arms race with the USSR. It was a time when one was proud to be an American.

Evil never sleeps, however. Having lost the USSR as the bugbear to justify their war-mongering, U.S. militarists set their sights on the Middle East. And so began 35 years of war that has led to millions of deaths and tens of millions more left homeless.

The predator class that controls the U.S. can’t be restrained. No legislation nor institution exists that can bring them to justice for their many crimes. Has a single state official or oligarch ever been prosecuted for the brutal, illegal wars and genocides of the past 35 years? Not one.

Fast forward to today — another grueling presidential election campaign is set to conclude, and the American people must choose between two candidates that justify empire and all its heinous consequences — brutal proxy wars, genocide of unruly populations, and even nuclear war.

Kamala Harris openly promises more war against Russia and mass murder in the Middle East. As I said above, Trump will also pursue a similar foreign policy. In effect, there’s little difference between the two candidates. Trump even admitted to the Wall Street Journal that he is “crazy” and this is apparently good because it means that other nations fear him.

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Trump won’t scale back the empire. He is obsessed with American “greatness”, which means that the U.S. will continue to destabilize the international order, enhancing our status as a pariah nation. (Yes, most of the world hates us).

Whoever wins the presidential race, the loser will be the human race. Neither candidate stands for a moral U.S. foreign policy based on mutual respect of national interests and human rights. Both candidates want a world where the U.S. is the apex predator, taking what it wants, when it wants and brutally punishing those who resist.

Is this really the country we want to live in? Is this a country to be proud of? Certainly no moral, sane and decent person would ever answer “Yes”.

In 1821, veteran diplomat and future U.S. president John Quincy Adams warned not to get involved in foreign conflicts “in search of monsters to destroy”, by which he meant to avoid getting involved in wars abroad where we imagine ourselves to be the “good guys” on a noble crusade to save the world.

In searching for monsters to destroy, the U.S. has itself become the monster and greatest threat to the global order. Unless the U.S. returns to the original principles of its Founding Fathers, then this nation is doomed to face the wrath of God for its wickedness. Just don’t be surprised if and when that day comes.

https://libya360.wordpress.com/2024/11/ ... ct-change/

Other than the isolationism touted by some of the Founding Fuckheads the USA is pretty much what those bourgeois boys had in mind with a few
concessions to necessity. Their class still has an iron lock on 'American' society.

Trump's blather about Ukraine is only that. Russia must attain it's 'SMO' goals as a matter of survival. Trump will never go along with that, his ego cannot bear being accused of 'losing Ukraine', as he could not in Afghanistan or Syria.
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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Wed Nov 06, 2024 4:06 pm

Image

The Evil Warmongering Zionist Won (No Not That One, The Other One)

Turns out campaigning on the promise of continuing a genocide while courting endorsements from war criminals like Dick Cheney is not a great way to get progressives to vote for you.

Caitlin Johnstone
November 7, 2024

The Democratic Party has lost control of both the White House and the Senate. As of this writing it is still unclear which party will secure control of the House of Representatives. Turns out campaigning on the promise of continuing a genocide while courting endorsements from war criminals like Dick Cheney is not a great way to get progressives to vote for you.

One interesting point is that Donald Trump appears to have taken the battleground state of Michigan, where Kamala Harris was soundly rejected by the large Arab American population of Dearborn despite their voting overwhelmingly for Biden in 2020. Back in August, Harris famously shushed Muslim anti-genocide protesters at a campaign rally in Michigan by admonishing them with the words “I’m speaking”.

Well, who’s speaking now?


To be clear, this is not a good result. A good result was not possible this election. The warmongering Zionist genocide monster lost, which means the other warmongering Zionist genocide monster won.

Donald Trump is still bought and owned by Adelson cash, which means we can expect him to be just as much of a groveling simp for Israel as he was during his first term. The president elect has publicly admitted that when he was president the Zionist plutocrats Sheldon and Miriam Adelson were at the White House “probably almost more than anybody” asking him to do favors for Israel like moving the US embassy to Jerusalem and acknowledging Israel’s illegitimate claim to the Golan Heights, which he eagerly did.

Trump closed out his campaign tour alongside his former CIA director and secretary of state Mike Pompeo, which should be enough to dash the hopes of even the most naive Trump supporters that US foreign policy is headed in a positive direction in January. As CIA director, Pompeo led a plot to assassinate Julian Assange and cheerfully admitted that “we lied, we cheated, we stole” at the agency. This odious swamp creature has remained in Trump’s good graces for the last eight years, and is reportedly expected to have a position in Trump’s cabinet once again.

Speaking at a campaign event in Pittsburgh on Monday, Pompeo boasted that he has been called “the most loyal cabinet member to Donald J Trump” and said that when Trump is re-elected “we will take down the ring of fire; we will support our friends in Israel.” The “ring of fire” is think tank speak for Iran and the militias in Lebanon, Iraq, Syria, Yemen and Palestine who oppose Israel.


So things are probably going to get uglier and uglier. But they were getting uglier and uglier under Biden, and they would have gotten uglier and uglier under Harris as well. That’s just what it looks like when you’ve got a dying empire fighting to retain planetary control like a cornered animal. You don’t get to be the US president unless you are willing and eager to do ugly things.

Democrats exaggerate how destructive Trump is relative to their own bloodthirsty psychopath candidates. While we can expect Trump to inflict tyranny and abuse upon Americans, it will be nothing compared to the tyranny and abuse he’s going to inflict on people in other countries, and it will be nothing compared to the tyranny and abuse his predecessor has been inflicting on people in other countries. All the histrionic shrieking we see from US liberals about Trump only works inside a western supremacist worldview that does not see the victims of US warmongering as fully human, and therefore sees scorched earth genocidal atrocities as less significant than comparatively minor abuses concerning US domestic policy.

Abandon hope that any positive changes will come from this election result.

Abandon hope that Trump will do good things.

Abandon hope that Democrats will learn any lessons from this loss.

Abandon hope that liberals will suddenly remember that genocide is bad and start protesting against the US-backed slaughter in Gaza.

Abandon hope in US election results, period.

US elections do not yield positive results. They are not designed to benefit ordinary human beings.

Nothing changes for those of us who are dedicated to fighting against the abuses of the US empire. It will be the same fight after January 20 as it was on January 19. We fight on.


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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Wed Nov 06, 2024 9:51 pm

Donald Trump is the next president of the United States

Polling indicated that the 2024 presidential race would be one the closest in history, yet Trump is projected to win in nearly every single swing state

November 06, 2024 by Peoples Dispatch

Image
Trump holds campaign rally in North Carolina (Photo via @realDonaldTrump/X)

In the early hours of Wednesday, November 6, Donald Trump proclaimed his victory as next president of the United States. While the final count has not concluded, Trump has already won the over 270 electoral college votes he needed to win the election after securing victories in Georgia, Pennsylvania, North Carolina, and Wisconsin. He is projected to win in Arizona and Nevada, and Michigan.

Current projections also show that Trump will win the popular vote by over five million votes, the first time a Republican presidential candidate has won the popular vote since George W. Bush in 2004, at the height of post-9/11 popularity for the Republican Party. However, numbers indicate that it is not that Trump received a new surge of voter support per say. In 2020, Trump received 74,223,975 votes. In 2024, he received 71,660,413 votes at the time of this reporting. The notable difference is the drastic dip in support for the Democratic candidate, with Biden receiving 81,283,501 votes in 2020 and Harris receiving 66,836,874 votes thus far in 2024.

In his victory speech given from his campaign headquarters in Palm Beach, Florida, Trump proclaimed, “This will forever be remembered as the day the American people regained control of their country.”

Kamala Harris canceled a scheduled address to supporters at her alma mater Howard University late on Tuesday night. Neither Harris nor the Democratic Party have (at the time of writing this article) publicly conceded their defeat.

When campaigning started over a year ago, the candidate for the Democratic Party was sitting president Joe Biden. In an unprecedented move, Biden withdrew his candidacy on July 21, 2024, after an unequivocally disastrous performance in a televised debate against Trump.

In the subsequent days and weeks, Biden faced an enormous pressure campaign with calls to step down coming in from large sections of his own party, editorial boards of mainstream media outlets including The New York Times, and even an unofficial fundraising boycott. His vice presidential candidate and current VP, Kamala Harris, then took over the ticket and attempted to breathe life into the campaign with just three months remaining.

Despite breaking fundraising records, raising one billion dollars in one quarter, amid the campaign’s failure to address the key issues raised by the Democratic Party base such as the rising cost of living and Israel’s genocide in Gaza, Harris drastically underperformed in areas that were key to Biden’s 2020 victory.

As the sitting President, Biden reached historic levels of unpopularity as compared with previous presidents, having overseen one of the worst inflationary crises in recent memory that has yet to fully cool. Working people still struggle under rising food prices and skyrocketing housing costs.

The Biden-Harris administration also staunchly refused to end its unconditional support and funding to Israel. Without such US weapons aid, Israel would be unable to commit genocide in Gaza and atrocities in Lebanon. Ending US aid to Israel became a firm line in the sand for Muslim and Arab voters in key swing states such as Michigan, communities which came out in droves to get Biden into the White House in 2020. In Dearborn, Michigan, home to the largest Arab-American population, Biden won by 74.2% of the vote in 2020. As of last night, Harris only has 27.8% of the vote, with 46.8% going to Trump and 22% going to third party candidate Jill Stein, who has stood firmly for an arms embargo against Israel.

Abandon Harris, an organization that was working to specifically have Arab, Muslim, and broadly anti-genocide voters reject Harris at the polls over her support for Israel, squarely blamed Democratic Party policy for Trump’s win. “A Trump presidency didn’t have to be inevitable,” the organization wrote in a post-election statement. “Democrats had every opportunity to win this election with ease. But instead, they chose to betray their base, to abandon the lives of hundreds of thousands of Palestinians, and to align themselves with some of the darkest figures in American history—like Dick Cheney. The Democrats made their choice, and they alone are responsible for what happened last night and the consequences it will bring to this country.”

The Republican Party also secured majorities in both the House of Representatives and the Senate, which will make it far easier for Trump to push through a far-right agenda, through legislation or by appointing federal judges. This includes the promise to implement mass deportations of 15 to 20 million people, which could result in family separations affecting as many as one in three Latinos in the US. The majority in the Senate will make it easier for Trump to push through federal judge and Supreme Court justice appointments. Trump had previously managed to add three ultra-conservative Supreme Court justices in his short four years in office, perhaps the most consequential legacy of his administration as this precipitated the defeat of nationwide abortion rights, racial justice in education, and student debt relief.

In the coming days and weeks, more will be revealed about Trump’s program and the composition of his cabinet. While he has distanced himself from the ultra-right wing program of Project 2025, it is unclear whether this victory will embolden Trump and his allies to swing even more to the right.

https://peoplesdispatch.org/2024/11/06/ ... ed-states/

******

Image

The Billionaire-ification of the U.S. Election
Photograph by Silverwell Films / Getty images



11.06.2024
Words by Jake Hall

After months of ultra-wealthy campaign donors dictating political talking points and using their wealth to preserve pollutant industries, Donald Trump won—and so did Elon Musk.
On the morning of Wednesday, November 6, Donald Trump made history as the first convicted felon to become president of the United States. As the nation awakes to the news, the result also highlights the profound influence of billionaire donors, whose presence loomed large over the election cycle.



This moment reflects a trend set in motion over a decade ago. In January 2010, the Supreme Court changed the landscape of political campaigning by removing finance restrictions on U.S. elections. This decision enabled corporations to spend unlimited cash on ads, as long as they weren’t formally “co-ordinating” with parties.



Retrospectively, this landmark was the first step towards today’s billionaire-ification of U.S. politics. For the 2024 election, a staggering $15.9 billion was spent on ads and campaigning by both Democrats and Republicans, making it the most expensive election in history; in just one week, nearly $1 billion was poured into political ads.



It’s not just the sheer scale of the political ad spend that’s worrying, it’s the disproportionate influence of billionaires. Eighteen percent of all political ad funding came straight from the pockets of a tiny handful of America’s mega-rich. In fact, according to USA Today, Harris had 83 billionaires supporting her—making up 6% of her campaign funds, according to Al Jazeera—while 52 backed Trump, but they were extremely generous donors, making up 34% of his total campaign fund.



In other words: the country’s wealthiest bankrolled the election, wielding political power and influence like never before. Not only is this bad news for democracy, it’s catastrophic for the planet.



Besides candidates Kamala Harris and Donald Trump, the main character of this election has been Elon Musk. Every day between October 19th and November 5th, the billionaire gave $1 million to a voter who signed his effectively pro-Trump petition in seven key swing states. This giveaway resulted in Musk and his political committee being sued by Philadelphia’s District Attorney, who called the giveaway program “an illegal lottery that violates state consumer protection laws.” Musk is a vocal advocate for free speech and gun rights. Decked out in his “Dark MAGA” hat—a black version of the red original—he stood by Trump’s side at rallies across the country, fist-pumping and jumping with joy.



In total, Musk pledged approximately $120 million to the Trump campaign, making him the second-largest backer. According to The New York Times, Musk also used his social media platform, X, to spread election misinformation, to the extent that NBC described X as a “pro-Trump echo chamber.” By contrast, Mark Zuckerberg seemingly distanced Meta from political content, making no move to correct misleading political ads like he did in 2020—he also made public remarks that implicitly endorse right-wing narratives about “censorship,” while also expressing admiration for Donald Trump.

The country’s wealthiest bankrolled the election, wielding political power and influence like never before.

Now that Trump has emerged victorious, Musk stands to make huge gains from his financial support of the former president. According to Politico, Trump promised Musk he can lead a “Department of Governmental Efficiency,” a deliberately vague role which could hand Musk serious political power. Already, Musk has said he could use the role to take $2 trillion from the federal budget.



Huge donations are funneled through so-called Super PACs, Political Action Committees that can spend unlimited cash on ads, “expressly advocating” for or against certain candidates even though they’re technically independent and unaffiliated with any party. The likes of America PAC (established by Musk) and MAGA PAC fund Republicans, whereas Democrats received around $700 million from the “secretive… ad-testing factory” Future Forward PAC, bankrolled by billionaires like Facebook co-founder Dustin Moskovitz and Netflix co-founder Reed Hastings.



These Super PACs can use billionaire wealth to demolish entire campaigns. Sam Pizzigati, a veteran labor journalist who co-edits the Inequality newsletter of the Institute of Policy Studies, cites the ruthless targeting of California’s Democratic primary candidate Katie Porter by the Republican-supporting, crypto-affiliated Fairshake PAC as an example of “naked power” in action.



Porter is known for her succinct takedowns of the mega-rich, but she had “never really paid any attention to crypto,” Pizzigati tells Atmos. Despite this, “[Fairshake] spent a fantastically high amount of money” to derail her campaign, releasing ads decrying her as a “liar” and a “bully.” Pizzigati says they “made up charges” to discredit Porter, and the crypto billionaires behind the Super PAC did so successfully. Despite initially polling well, she finished third place in the California primary race.



Crucially, Porter sits on the House Committee on Natural Resources, and has been vocal about the devastating and worsening impacts of the climate crisis. Porter’s manifesto promises to “confront Big Oil,” “hold polluters accountable,” and invest in clean energy. This could spell disaster for cryptocurrency, which relies on energy-intensive mining—a fact which contributes to the targeted, billionaire-funded takedown of her progressive, climate-focused campaign.



Pizzigati says the climate crisis was an “invisible issue” in this election cycle, and that’s not accidental. Billionaires wield huge influence on mainstream media, essentially dictating which issues are spotlit. Staff at Washington Post and LA Times were blocked by their billionaire owners from publishing pro-Harris editorials, a move that many saw as their respective attempts to “curry favor” with Trump, and Pizzigati similarly points to think tanks as a key, similarly biased, shaper of public discourse. “Think tanks put out position papers which define what is ‘important’ in American society, and think tank money comes from billionaires. They’re dominating respectable discourse about what issues we should be addressing,” he says.

“Billionaires are using their political power to delay the changes that we need to reduce the climate impact of these dangerous sectors.”
Sam Pizzigati
Veteran labor journalist, Institute of Policy Studies
Again, the climate crisis is low on this list of priorities because billionaire wealth requires the unregulated and unchecked growth of highly polluting industries. This wealth, then, fuels extravagant spending on private jets, luxury yachts and palatial mansions. According to 2023 research conducted by Oxfam and reported by The Guardian, “twelve of the world’s wealthiest billionaires produce more greenhouse gasses… than the annual energy emissions of two million homes.”



There are now more billionaires in the world than ever before. Globally, income inequality is continuously worsening, and the climate crisis is inextricably tied to this chasm between rich and poor. Demand for cobalt—a key material used to make mobile phones—has resulted in the widespread deforestation of the Democratic Republic of Congo, as well as lethal working conditions and increasingly well-documented human rights violations. The ever-churning machine of fast fashion is turning once-beautiful deserts into sartorial wastelands, whereas gas and oil companies have been privately lobbying to downplay the true carbon footprint of their industries for decades.



In the case of characters like Musk, they’re de facto politicians themselves. “Donald Trump is letting Elon Musk manage his entire field operation,” says Pizzigati. “He has outsourced his campaigning to billionaires.” This means that the changes needed to lessen inequality—taxing the rich, focusing on rebuilding and strengthening unions—are rarely mentioned.



This isn’t one-sided, either. Kamala Harris invited stars like Beyoncé and Cardi B to speak at her campaign rallies, hoping that the endorsements of mega-rich A-list celebrities could sway public opinion. Aside from Beyoncé’s $4 million pledge, these superstar co-signs were just endorsements, not donations—and notably, they weren’t promised a say in shaping the U.S. government, unlike Trump’s deal with Musk.



Today, after months of the ultra-wealthy dictating political talking points through media control, think tank reports, and ruthlessly targeted ads in the lead-up to election day, the billionaire-ification of U.S. politics is on full display. Trump won, and so did Musk. The result is emblematic of a political climate shaped by the mega-rich, who stand to gain from tax breaks, lack of regulation, union-busting, and environmental exploitation and destruction.



Similarly, Pizzigati describes the worsening climate crisis as “a consequence of our economic distribution of wealth.” The rich pollute without restriction in their mission to generate and hoard millions and billions of dollars, while the poor suffer the ravages of the climate crisis. These tactics are no longer secret. It is, he concludes, crystal clear that billionaires are “using their political power to delay the changes that we need to reduce the climate impact of these dangerous sectors.”

https://atmos.earth/the-billionaire-ifi ... -election/
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Re: Donald Trump, Avatar of his Class, Capitalism & the Decline and Fall of Bourgeois Democracy

Post by blindpig » Thu Nov 07, 2024 4:27 pm

How the Trump Presidency Might Change the Global Economy
Posted on November 7, 2024 by Yves Smith

Yves here. I feel as if I am overdue in opining on the Trump win, but there is a tsunami of commentary on it and I aspire to writing something that isn’t more or less a rehash of widely held views. So please be patient.

In the meantime, the post below is a useful high level treatment on Trump’s plans to increase and extend the scope of tariffs and how that is likely to affect the US and its trade partners.

Oddly, few commentators mention is that one reason Trump likes tariffs is that Presidents can impose them without Congressional approval….provided they can be characterized as addressing a threat to national security. Will anyone see fit to challenge Trump’s authority if he starts imposing them on a widespread basis?

However, the author also stresses that higher tariffs have become a bipartisan affair, and that Harris was likely to have increased them too. So Trump may simply wind up being louder and faster about adding to them than Team Dem might have been.

Note this piece does not address another looming economic issue, that the Biden Administration ran very large budget deficits, and if Trump wants to have a more balanced budget as he professes, he will need to cut spending, which will slow the economy and also reduce imports from trade partners in addition to the impact of tariffs. Mind you, Trump may well follow Reagan, by cutting tax revenues without then reducing spending as loudly promised.

Mind you, we don’t think deficit spending is a bad thing if done with an understanding of real economy constraints and how Federal initiatives can boost economic capacity, making the spending pay for itself by increasing output. None other than the diehard neoliberal Larry Summers found that infrastructure spending would generate as much as $3 in GDP growth for every dollar spent. Given the shoddy state of US infrastructure (including our way behind global standards for broadband), there would seem to plenty to do if one were so inclined.

By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University. Originally published at The Conversation

Donald Trump’s victory in the 2024 election – and his threat to impose tariffs on all imports to the United States – highlights an important problem for the global economy.

The US is a technological powerhouse, spending more than any other country on research and development and winning more Nobel prizes in the last five years than every other country combined. Its inventions and economic successes are the envy of the globe. But the rest of the world needs to do everything in its power to avoid being too dependent on it.

And this situation would not have been much different had Harris won.

The “America first” approach of Donald Trump has actually been a bipartisan policy. At least since previous president Barack Obama’s policy of energy independence, the US has been on a mostly inward-looking quest of maintaining technological supremacy while ending the offshoring of industrial jobs.

One of the major choices Trump made in his first term was to accept higher prices for US consumers in order to protect national producers by slapping high tariffs on almost every trading partner.

For instance, Trump’s 2018 tariffs on washing machines from all over the world mean US consumers have been paying 12% more for these products.

President Joe Biden – in certainly a more polite way – then increased some of the Trump tariffs: up to 100% on electric vehicles, 50% on solar cells and 25% on batteries from China.

At a time of climate emergency, this was a clear choice to slow down the energy transition in order to protect US manufacturing.

While Biden signed a truce with Europe on tariffs, it started a perhaps even more damaging battle by launching a subsidy race.

The US Inflation Reduction Act for instance contains US$369 billion (£286 billion) of subsidies in areas such as electric vehicles or renewable energy. And the Chips Act committed US$52 billion to subsidise the production of semiconductors and computer chips.

China, Europe and the Rest of the World

This US industrial policy might have been inward-looking, but it has clear consequences for the rest of the world. China, after decades of mostly export-based growth, must now deal with massive problems of industrial overcapacity.

The country is now trying to encourage more domestic consumption and to diversify its trading partners.

Europe, despite a very tight budget constraint, spends a lot of money in the subsidy race. Germany, a country facing sluggish growth and big doubts on its industrial model, is committed to matching US subsidies, offering for instance €900 million (£750 million) to Swedish battery makers Northvolt to continue producing in the country.

All those subsidies are hurting the world economy and could have easily financed urgent needs such as the electrification of the entire African continent with solar panels and batteries. Meanwhile, China has replaced the US and Europe as the largest investor in Africa, following its own interest for natural resources.

The incoming Trump mandate might be a chance to fix ideas.

One might, for instance, argue that the full-scale invasion of Ukraine, and the thousands of deaths and the energy crisis that followed, could have been avoided had the Biden administration been clearer to Russian president Vladimir Putin about the consequences of an invasion, and provided modern weapons to Kyiv before the war.

But the blame is mostly on Europe. Credit where it’s due, the strategic problem of becoming too dependent on Russian gas is something Trump had clearly warned Germany about during his first mandate.

There is a clear path forward: Europe could help China fix its overcapacity problems by negotiating an end to its own tariff war on Chinese technology such as solar panels and electric cars.

In exchange, Europe would regain some sovereignty by producing more of its own clean energy instead of importing record amounts of liquid gas from the US. It could also learn a few things from producing with Chinese companies, and China could use its immense leverage on Russia to end the invasion of Ukraine.

The European Union could also work harder on what it does best: signing trade deals, and using them as a way to reduce carbon emissions around the world.

This is not only about Europe and China. After decades of continuous improvement on all major dimensions of human life, the world is moving backwards.

The number of people facing hunger is increasing, taking us back to the levels of 2008-9. War is raging in Gaza, Sudan, Myanmar, Syria, and now Lebanon. The world had not seen as many civilian casualties since 2010.
>


Tariffs: how we got here.
For better or worse, it is unlikely that a Trump administration will reverse the path of lower US interventionism. It is also unlikely to lead any major initiative on peace, climate change or on the liberalisation of trade.
The world is alone, and America will not come to save it.

We do not know what will happen to the US. Maybe the return of Trump will mostly be a continuation of the last ten years. Maybe prohibitive tariffs or destroying the institutions that made the US such an economic powerhouse will make the US economy less relevant. But this is something Americans have chosen, and something the rest of the world simply has to live with.

In the meantime, the only thing the world can do is learn how to better work together, without becoming too dependent on each other.

https://www.nakedcapitalism.com/2024/11 ... onomy.html

******

Trumpquake

Pepe Escobar

November 7, 2024

On the political Richter scale, that was a killer – literally. What was supposed to be a Liberal Totalitarian Show was brutally, unceremoniously, swept out of the park – any park. Even before Election Day, critical thinking was aware of the stakes. With fraud, Kamala wins. With no fraud, Trump wins. There were, at best, (failed) attempts at fraud. The key question still remains: what does the U.S. Deep State really want?

My inbox is infested with loads of weepy reports from U.S. Think Tankland wondering, in disbelief, why Kamala could possibly lose. It’s quite straightforward – apart from her sheer incompetence cum utter mediocrity literally cackling out loud.

The legacy of the administration she was part of is ghastly – all the way from Crash Test Dummy to Little Butcher Blinkie.

Instead of bothering to care about the abysmal state of affairs, at every level, concerning that mythical entity, “the American people”, they chose to invest everything on a neocon-manufactured proxy war to inflict a “strategic defeat” on Russia – stealing Russian assets, unleashing a tsunami of sanctions, shipping an array of wunderwaffen. The weaponization of Ukraine led to countless Ukrainian dead and the inevitable, fast-approaching cosmic humiliation of NATO in the black soil of Novorossiya.

They invested everything to support a genocide in Gaza conducted with a huge arsenal of American weapons: a lebensraum-coded ethnic cleansing cum extermination op directed by a bunch of Talmudic psychos – and marketed under the “rules-based international order” spewed out by Butcher Blinkie in every bilateral or multilateral gathering.

It’s no wonder that West Asia and the wider Global South soon got the message of what may happen to anyone daring to go against the Hegemon’s “interests”. Thus the counterpunch: the strengthening of BRICS and BRICS+, celebrated for all the world to see two weeks ago in Kazan.



At least this administration had a merit, strengthening the bonds between all major “existential threats” to the Hegemon: three BRICS (Russia, China, Iran), plus the indomitable DPRK. All that in contrast with a meager tactical victory – which may not last long: the absolute vassalization of Europe.

Hanging Ukraine on Europe’s neck

Of course, foreign policy does not win U.S. elections. Americans themselves will have to solve their dilemmas, or plunge into civil war. As for the bulk of the Global Majority, it harbors no illusions. Trumpquake’s coded message is that the Zionist lobby wins – again. Perhaps not so unanimously when we consider all strands of neo-cons and Zio-cons. Wall Street wins again (BlackRock’s Larry Fink said so even before Election Day). And prominent silos across the Deep State also win again. That begs a modified question; what if Trump feels emboldened enough after January 25 to launch a Stalinist purge of the Deep State?

Election Day proceeded nearly simultaneously with the Valdai Club annual meeting in Sochi, where the superstar, not surprisingly, was eminent geopolitician Sergey Karaganov. Of course he directly referred to the Empire’s Forever Wars: “We are living in biblical times.”

And even before Trumpquake, Karaganov stressed, calmly, “We will defeat the West in Ukraine – without resorting to ultimate means.” And that “will provide for a peaceful withdrawal of the U.S. – which will become a normal superpower.” Europe, meanwhile, “will move to the sidelines of History.”

All of that spot on. But then Karaganov introduced a startling concept: “The war in Ukraine is a replacement of WWIII. Afterwards, we can agree on some kind of order in Eurasia.”

That would be the “indivisibility of security” proposed by Putin to Washington – and rejected – on December 2021, part of the “Greater Eurasia Partnership” that was conceptualized by Karaganov himself.

The problem though is his conclusion: “Let’s make the Ukrainian war the last major war in the 21st century.”

Ay, there’s the rub: the real major war is actually Eretz Israel v. the Axis of Resistance in West Asia.

Let’s have a quick pit stop in Europe before getting to the meat of this matter. Trumpquake is all set to hang Ukraine on Europe’s neck like a larger-than-life albatross. The shorthand: Exit American money financing the born-to-lose Project Ukraine. Enter German money filling the coffers of the weapons lobby inside the Ray McGovern-coined MICIMATT (military-industrial-congressional-intelligence-media-academia-think tank complex).

The U.S. Treasury has issued an internal memorandum valid until April 30, 2025 – when Trump will be already three months in power – allowing transactions with Russian banks on anything related to oil, natural gas, timber and any form of uranium.

As for the gullible, Brussels-run EU, they will pay the heavy load on weaponizing rump Ukraine while accepting wave after wave of new refugees and saying goodbye to any of their funds already invested in that humongous black hole.

Beware of that Tony Soprano wannabe

Trumpquake – if taken at face value – is bound to further weaponize the U.S. dollar; Trump has threatened, on the record, to

blacklist any nation that uses other currencies for international trade. BRICS and BRICS+ partners have registered it; and that will accelerate the testing of all models in the BRICS lab leading towards a multi-layered alternative trade settlement system.

BRICS and the Global Majority also know that Trump in fact signed off on Nordstream sanctions – when he referred recently to “killing” Nord Steam. And they also know he did less than zero during Trump 1.0 to find a solution for the proxy war in Ukraine.

Now we come to the clincher. Trump personally destroyed the JCPOA – the Iran nuclear deal – brokered by the P5+1 (the five permanent members of the UN Security Council plus Germany). Moscow – and Beijing – know perfectly well how this led to further destabilization of the whole of West Asia, in conjunction to the Trump-ordered assassination of Gen Soleimani, which started what I termed the Raging Twenties.

Last but not least, Trump brokered the bombastically-named “Deal of the Century”: the Abraham Accords, which if implemented will forever bury any possibility of an Israel/Palestine two-state solution.

The deal – which may be considered as nefarious as the 1917 Balfour declaration – may be in a coma. But MbS’s Whatsapp pal Jared Kushner is back, and will certainly renew the pressure. MbS still has not made up his mind when it comes to BRICS. Trump will go bonkers if MbS increasingly starts to navigate the petroyuan way.

All that brings us to a supremely nefarious character, Tony Soprano wannabe Mike Pompeo, who is a serious candidate to become head of the Pentagon. That would spell major trouble ahead. Pompeo was CIA director and Secretary of State under Trump 1.0. He is an uber-hawk on Russia, China and especially Iran.

Arguably the pressing question from now on is whether Trump – whose life was spared by God, in his own interpretation – does what is expected of him by his uber-wealthy donors, appoints Pompeo and similar gangsters for key posts, and invests on Israel’s war against Iran and the Axis of Resistance.

If that’s the case, he won’t have to worry about another failed sniper. But if he really tries to run his own independent game, there’s no question he will be a dead man walking.

So the whole Global Majority waits with bated breath. How will Trumpquake translate in the geopolitical MAGA sphere? Sure bets focus on extensive use of private military companies (PMCs) for foreign policy “missions” and selected, targeted military “interventions”. Targets could include any Global South player from Mexico (to “secure the border”) to Venezuela (the Monroe doctrine “securing the oil”), Yemen (to “secure the Red Sea”) and of course Iran (a massive bombing campaign to “secure Israel”).

In a nutshell: no new wars (as Trump promised), just a few targeted incursions. Plus Hybrid War on maximum overdrive. Brazil, watch out: Trumpquake will not tolerate a truly sovereign BRICS member increasing its Global South influence in the “Western Hemisphere”.

Fasten your seatbelts: whatever happens, Trumpquake is bound to be a bumpy ride.

https://strategic-culture.su/news/2024/ ... rumpquake/

******

List of people planning to leave the US if Trump wins
November 7, 12:38

Image

List of people planning to leave the US if Trump wins

- Alec Baldwin
- Whoopi Goldberg
- John Legend
- Chrissy Teigen
- Rob Reiner
- Barbra Streisand
- Megan Rapinoe
- Tom Hanks
- Amy Schumer
- Lady Gaga
- Taylor Swift
- Jane Fonda
- Madonna
- Mark Ruffalo
- Kim Kardashian
- Bruce Springsteen
- George Clooney -
Oprah Winfrey
- Robert De Niro
- Samuel L. Jackson
- Miley Cyrus
- Travis Kelce
- Bobby Olthoff
- Rashida Talib
- Stormy Daniels
- Diddy
- Eminem
- Ellen DeGeneres
- Sean Penn
- Sharon Stone
- Ashley Judd
- Bryan Cranston
- Billie Joe Armstrong

The characters were so vocal about Biden, and now the question hangs in the air whether they will all really leave the United States. But of course not - a couple of freaks will leave, and the rest will stay, just like last time.
In 2016, there were also many hysterics, saying that if Trump wins, there will be no life in the US and we need to leave. But as we see, Trump spent 4 years in the White House and the world did not collapse. It will not collapse this time either.
Well, these liberal hysterics are worth a copper penny.

https://colonelcassad.livejournal.com/9482634.html

Google Translator

And damn near every one of them a millionaire...Who needs em?
"There is great chaos under heaven; the situation is excellent."

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