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Showing posts with label CNN. Show all posts
Showing posts with label CNN. Show all posts

Monday, March 6, 2017

Bannon White House - Rebuilding the Soviet Empire

Staying "On Focus" 
The Russians, the President and the Republicans
Are Desperately Trying to Confuse Everybody
The Congress and the Media Aren't Helping.

Vladimir Putin and the oligarchs in the Russian Federation have been pumping hundreds of millions of dollars into the "Trump Experiment" all through the 2016 election. While the entire collection of both methods and the goals tempting the Russians into this enterprise constitute a long list of mischief, there really is a "big picture" in play which supersedes all the distracting antics playing out "here and there" in the White House.

None of these matter much to the illiterate hill billies and bigots among Trump's voting base, but for the rest of us the stakes are high, indeed.

An estimate of the "secondary" goals for this Russian gambit is fairly straightforward. A few of the larger issues can be listed immediately.

1. Hillary Clinton and Future US Foreign Policy

In the beginning stages of this process Putin was afraid of the prospect of seeing a politically empowered Hillary Clinton in the White House. It is now clear that the Russian's initial plan was to pump resources into Trump's campaign in the hope of politically "wounding" a new Clinton President with the result of throttling some of her executive ability to reign in the Russian Federation's expansionist appetites.

Putin's first impulse was to simply weaken her by introducing a flood of character damaging propaganda during the campaign. Trump's victory apparently caught Putin by just as much surprise as it did Trump.

If there is a visible error in the Russian's geo-political strategy, it can be seen most clearly in the timing confusion which quickly followed this unanticipated turn of events. Putin was still focused primarily on inflicting damage to a newly elected Clinton, "confusing" what would have probably been a quick turn to exploiting Trump's win.

Nonetheless, Russian "cast iron" political strategy doesn't usually spend much time at all getting back on its feet after a miscalculation -- especially not when there is such a "rich pot" on the table.

2. Dreams of a New Soviet Empire

Since the rather ignominious fall of the old Soviet Empire, Russian expansionist plans have been constantly blocked by NATO and the United States. One particularly poignant "low point" in this -- for the Russians -- frustrating international military policy has occurred in Ukraine. Further, this recent set back occurred while the injuries of the previous set back were still raw. Yes, the fiasco in Afghanistan was during the entropic end of Soviet fever dreams of hegemony, but the damage the Russians inflicted upon themselves as a result of the over reach was severe and long lasting.

[The similar self-inflicted damage for the West from its own adventure in Afghanistan -- the longest war in modern history -- was also severe, yet somewhat less painful. The economies of the participating countries forced to absorb it were stronger than that of the Federation.]

In many ways the Russian military and political efforts to regain control of Ukraine are a direct result of this. [See item 3, below.] However, the Russian appetite for aggression is not limited to Ukraine. It is executing a slowly growing resurgence in several democratic nations along the old Warsaw Pact border. The Russian Federation's long term goal is to destroy the unity of European countries -- and the US -- currently supporting NATO. 

3. Internal Politics Within the Russian Federation

The current President of the Russian Federation deals with an internal politics not too dissimilar to Donald Trump's situation in the US. Within the widely diverse population of the modern Federation most Russians -- as is the case around the globe -- are primarily concerned with the events and challenges of day to day living. However, a staunch minority of Russian nationalists dependably support policies by the controlling autocrat, Vladimir Putin, directed at re-establishing the old Soviet Empire.

Russian oligarchs comprise an obedient gang of thugs obliged to carry out instructions from the Kremlin. The pay is great -- so long as you follow orders, you get to live as a billionaire. The penalty for not following orders is also extreme. When "top secret" correspondence between Trump and Putin had to be carried out, a Russian oligarch's hundred million dollar personal jet, in this case, one owned by Russian billionaire, Dmitry Rybolovlev, repeatedly appeared as various airports around the US at the same time Trump was there. [Russian Billionaire's Secret Meetings With Trump/MSNBC]

Although Putin himself is already, most likely, the richest man on Earth, the ambitious crowd of Russian billionaire oligarchs surrounding him also stand to gain even more wealth if the Federation can expand beyond its present boundaries. This bunch "cheers him on" when he formulates schemes such as intervention in Ukraine...or in the US.

"Paying the Piper"
What does Putin Want From Trump?
Should we expect to see troops from the Russian Federation
 as "Peace Keepers" when the rioting begins?

The confusion being generated daily by the Trump Administration has a purpose, but that purpose has nothing to do with feeble gestures to gratify the unwashed, uninformed masses who served to elect him. Donald Trump could not care less about the any of his incendiary actions which have left the country is such a vulnerable dismay.

Trump's central purpose [All Russian assets have a "central purpose."] is to quit making US foreign policy which would stop Putin and the Federation from expanding into the recently liberated countries which used to be Soviet satellites. Everything else coming from the White House is simply a distraction -- a suspiciously convenient confusion.

Take a moment to read the CNN article.

Putin's aggression in Europe
should worry the US

By Richard Shirreff
October 21, 2016
[Visit the original article Russian Aggression and NATO/CNN]


(CNN)Since the formation of NATO in 1949 the defense of Europe and the free world has depended on the absolute certainty that whatever president is occupying the White House, the United States will come to the aid of a NATO member if attacked. Any doubt about the American commitment, and the credibility of NATO's doctrine of collective defense, is holed below the waterline.


At a time when the West faces a greater threat from a resurgent Russia since the most dangerous crises of the Cold War, NATO, more than ever, needs to stand strong, united and credible.

Russia's invasion of Crimea and Ukraine in 2014 may have already lit the fuse that could lead to the unthinkable: nuclear war with Russia in Europe.


Consider the words and actions of President Vladimir Putin, who has described the breakup of the Soviet Union as the "greatest geo-strategic tragedy of the 20th century." In his speech on March 18, 2014, the day Crimea was admitted into the Russian Federation, Putin majored on the threat the West posed to Russia by its continued encirclement and warned about the possibility of pushback: "If you compress the spring to its limit, it will snap back hard: something you should remember," while claiming the right to protect the interests of Russian speakers everywhere, "even if it will worsen our relations with some states."

Overnight, Putin became NATO's strategic adversary, starting a dynamic that could lead to a clash with NATO over the Baltic states of Latvia, Lithuania and Estonia (which have significant Russian-speaking minorities).


Two years on and the threat is even greater. Indeed, the ratchet of tension clicks tighter on an almost weekly basis: Even this week we wake up to news of Russia sailing warships near the British coast in "a show of force and a show of capabilities," according to Peter Felstead, editor of Jane's Defence Weekly.


Unprecedented levels of military activity on the borders and in the airspace of the Baltic states, Finland and Sweden have been matched by the rapid buildup of military forces in Russia's Western Military District on the borders of NATO.


For example, in January, Russia announced the formation and deployment of three motor rifle divisions, about 60,000 troops, along the Russian frontier with the Baltic states. And the Russians have kept themselves busy with regular so-called snap exercises to test the readiness of their military, at least one of which was based on a scenario of invasion and occupation of the Baltic states.

Putin's strategic aim is clear: to re-establish Russia's status as one of the world's great powers and to dominate the former republics of the Soviet Union -- imperialist intentions that might have been acceptable to great powers in the 19th century but which are an affront in 2016. If the opportunity presents itself, he may well activate long-held plans to march into the Baltic states.

To paraphrase British Prime Minister Neville Chamberlain's 1938 comment on Czechoslovakia, why are events in these faraway countries of which we may know little important to Americans?
First, because if Russia puts one soldier across the borders of the Baltic states it means war with NATO.


Latvia, Estonia and Lithuania have been members of  NATO since 2004 and are therefore protected under Article 5 of the Washington Treaty, the founding document of NATO, which states that an attack on one is an attack on all. A Russian attack on the Baltic states puts America at war with Russia -- meaning nuclear war, because Russia integrates nuclear weapons into every aspect of its military doctrine.

And don't think Russia would limit itself to the use of tactical nuclear weapons in Europe. Any form of nuclear release by the Russians would almost certainly precipitate nuclear retaliation by the United States, and the dreadful reality of mutually assured destruction and the end of life as we know it would follow.

Indeed, Russia is at war with America already. Russian hacking of Democratic Party email servers and, if confirmed, WikiLeaks publicizing of Clinton campaign emails to discredit the Democrats and propel Donald Trump -- arguably what Putin would classify as a "useful idiot" into the White House -- is classic maskirovka -- deception, aimed at undermining the intelligence and integrity of the enemy in a way that remains below the threshold of conventional warfare. In the words of Dmitri Trenin of the Carnegie Moscow Center, and a man with close connections to the Putin regime, the Kremlin has been at war since 2014.

But although the clock may be ticking close to midnight, it is not too late. Maintenance of the peace we have enjoyed in Western Europe for nearly 70 years depends on effective deterrence. The bar of risk must be raised too high for Russia to consider any opportunistic move into the Baltic states. This requires forward basing of a credible military capability in the Baltic states and eastern Poland (rather than the token presence agreed at the NATO Warsaw Summit in July).

NATO reserves able to move quickly and effectively to bolster defenses in the Baltics will send a powerful message. It also requires Canada and European members of NATO to recognize that military capabilities lost from cumulative disarmament over the past two decades must be regenerated. This means increasing defense spending, almost certainly above the 2% of gross domestic product agreed -- but often not acted upon -- by NATO members (less the United States, UK, Estonia and Greece).

2017 is 100th anniversary of the first occasion the United States intervened in one of Europe's wars. The region's security is a matter of American security, and it means continued and close engagement in Europe and a continuation of the strong leadership that America has given NATO from the start.


Posted by Chad H at 4:36 PM No comments:
Labels: billionaires, CNN, oligarchs, Putin Aggression and NATO, Shirreff, Trump administration confusing Americans, US and Russian oligarchy, what Trump is actually doing

Friday, September 18, 2015

Two Planks in the Trump Platform That DON'T Stink

The Homogeneity of Donald Trump's Train Wreck
Is the Donald spreading bait for the non-tea party voters?

If one can find anything particularly interesting in the chaos of the Trump's published "positions," such an expectation would hardly include even remotely populist deviations from the corpse-like rhetoric of the "deeply Republican" types. Nonetheless, in recent weeks the Donald has, perhaps, surprised even his most cynical observers and horrified critics. Unquestionably, if the Donald actually has anyone resembling a campaign manager setting the "topical pace" of his speeches, these suddenly emerging, provocative exceptions to his usual fascist routine must have been instigated as part of a clumsy "base broadening" scam.

What better strategy for embracing disgruntled voters than to propose an end to the carried interest loopholes while continuing his refusal to sign Grover Norquist's "voluntary death pledge" about raising taxes. Matters have become unsettled indeed when MeanMesa begins a soul searching, "self-interrogation" based on the presumption that there might actually "be something" worthwhile buried below the irritating surface of the irritatingly superficial Trump.

Please read further.


Closing "Carried Interest" Hedge Fund Loopholes

No, the Indians are not attacking... yet.The people shooting arrows
 at Trumpy's "wagon train" are all hedgies and other ogres from the Wall Street tribe.

One of the "very most sparkly" jewels on the oligarchs' "holy grail" has always been the very special part of the IRS code which protects "carried interest" from ever being exposed to any of the more "rational zones" of tax liability. Should the sacred carried interest provisions every be tightened up, estimates suggest that the revenue increases [10 year] would amount to around $180 Bn. [Read more here New York Times]

Although $180 Bn over ten years is not going to permanently repair the national debt, the same amount of money could, instead, be easily classed as an irresistible temptation to the economic, Wall Street war lords operating the equity firms which would pocket this cash if things are left to continue as they are. $180 Bn is more than enough to create yet another clutch of bad tempered billionaires -- just what we don't need at the moment.

The fact that this prospect has crept into the Trumpy's endless, drawling rhetoric brings up a couple of really fascinating questions about his possible motives.

1. Any change to the IRS code which might end the carried interest "mother lode" would drive a stake through the heart of more than a few of the non-Tea Party Republican "old school" who have been running everything in the country for the last dozen decades. [Not to mention financing every Republican Candidate who is willing to play "footsie" with them once elected.]Trump may have some sort of political interest in "defanging" these avaricious old crows, or all this maneuvering might actually be nothing more than "pure Trump" getting even and settling some old scores.

2. As unlikely as it might be, Donald may possibly be scouting around for possibilities which might increase revenue which could be useful during his Presidency. The likelihood of this second possibility is scanty, but who knows what thoughts are careening around under that ridiculous hair.

MeanMesa is not nearly as optimistic as the author of the following article. [And HE'S not particularly optimistic.]  Donald Trump is a "child of mind-numbing arrogance," which makes him a "child of chaos." [Read more here - Bloomberg]

Donald Trump Has A Point About ‘Carried Interest’

MATT K. LEWIS
Senior Contributor 
 The Daily Caller
Donald Trump (Getty Images/New York Daily News Archive)
[Links remain enabled. Read more: DailyCaller_09_01_15]





POLITICS

Of all the problems I’ve had with Donald Trump (and there have been many), his recent comments about going after “carried interest” probably bother me the least. In fact, I think he has a point. Why should a teacher or police officer pay a higher tax rate than someone whose primary income is derived from betting on the stock market?

I’m not saying Trump is a free market conservative; he’s not. As the Club for Growth has noted, he’s otherwise legitimately horrible on taxes, trade, health care, and eminent domain.

I am saying he deserves credit for raising this issue — which at least warrants a serious debate.

Make no mistake, we need tax reform. Personally, I’d favor a flatter, simpler tax code. But reforming and simplifying our gargantuan tax code will necessarily require closing loopholes — such as the one exploited by hedge funds.


Tax reform would likely involve other “hikes” such as setting a ceiling for mortgage deductions, etc. This is not a new concept. President Reagan dramatically cut taxes during the eight years of his presidency — but he also raised taxes eleven times to get there.

Interestingly, Trump’s comments about carried interest are being portrayed as an example of him blowing up GOP orthodoxy. But while private equity firms may care a great deal about this, protecting this loophole is not at the top of the list of things most free market conservatives care about (at least, not in my experience).

Nor is Trump’s idea incredibly original. Last year, Rep. Dave Camp, then the head of the House Ways and Means Committee, released a plan that would wrap “a change to carried interest inside a reconstruction of the tax code that would lower tax rates and broaden the tax base.” In other words, the loophole would be closed as part of a more comprehensive plan that would give us a flatter and fairer tax code that lowered rates.

We should obviously be prudent when it comes to tinkering with the tax code; there may be unintended consequences. But it’s certainly an idea that’s worthy of our debate and discussion. This is one time that Trump has, I think, elevated the political debate.

I’ve been a critic of Trump’s populist campaign, but he has done something that Rep. Camp couldn’t do — and that is to get me to write about carried interest. Whenever posts about our arcane tax code become “clickbait,” we all win.


For the GOP:
Not Signing Grover's Extortion Tax Contract
Is Like Pissing on the Pope's Slipper
Every other stalwart Republican politician in office has already caved instantly.

US history contains a number of examples which provide a clue as to what "happens" to the domestic economy when taxes are raised -- essentially none of these follows the "mechanical horror story" relentlessly expressed by the voices in the billionaires' media.

No tax pledge yet from Donald Trump,
Grover Norquist says

By Eric Bradner, CNN
Fri August 28, 2015
[Visit the original article here POLITICS_08_28_15_CNN
Because it is CNN, MeanMesa has correct the spelling errors.]

Story highlights

Grover Norquist wants Donald Trump to sign his anti-tax hike pledge.

Norquist says Trump has made a "good start" by committing verbally -- but not in writing -- not to raise overall taxes.



Washington (CNN)Donald Trump could raise taxes on hedge fund managers -- but he'd have to slash them "dramatically" elsewhere to avoid running afoul of Grover Norquist.



Norquist, the president of the Americans for Tax Reform, a conservative group that pushes politicians to sign a pledge against raising taxes, told CNN on Thursday that Trump hasn't necessarily crossed any lines -- yet.

"He has said he doesn't want any net tax increases. That's a good start," Norquist said. "That's the pledge, verbally. I'd like to see it in writing."

He said he expects Trump sign the "Taxpayer Protection Pledge" -- but that staffers he'd talked to about it are no longer with the real estate mogul's campaign.

"I think we'll get there, because his staff said they wanted to -- but the guys I talked to got fired. So we'll check in with the new guys," Norquist said.

Trump recently attacked hedge fund managers, saying they are "getting away with murder" and avoid paying taxes -- an apparent reference to the disparity between a 20% carried interest tax rate that hedge fund managers pay and the 39.6% top rate that applies to regular income.

Trump has repeatedly said -- including in an interview with MSNBC Friday where he referred to himself as "the king of the tax cut" -- he wants to shift that tax relief to the middle class. Norquist said that's possible without violating the pledge and being accused of being a tax-raiser.

"As long as you're dramatically cutting other taxes -- it's a net tax cut and overall rates are not going up, sure you can do that," he said.

Still, he wasn't endorsing Trump's argument.

"I think a smarter position is to reduce taxes on everybody else. I mean, his taxes are lower than yours -- let's fix that by raising his? No, no, no, no, no," Norquist said.

"Let's fix that by cutting taxes on the middle class," he said. "If somebody's got a better deal than the middle class, let's get the middle class the same deal that those guys get -- not the other way."


Further Reading - Raising Taxes and Paying Down the Debt
From the MeanMesa archives

Looking for a little "fall reading material?" MeanMesa has posted plenty about these two issues. [For the folks who have already been to this post, apologies. The blogger did something strange with a few of these links, but everything should work fine now. MeanMesa]


MeanMesa Raising Taxes: A Tax and Spend Primer
MeanMesa Raising Taxes: A Tax and Spend Tax Code
MeanMesa Raising Taxes: Letting Wall Street Help
MeanMesa Raising Taxes: Why It's Unthinkable
MeanMesa Oligarchs and Their Republicans - Looking at a 21st Century US Oligarchy
MeanMesa Deficit Reduction Cleaning Up After the Bush Tax Cuts Part 1
MeanMesa Debt Reduction: Cleaning Up After the Bush Tax Cuts Part 2
MeanMesa Cutting Deficits: Cleaning Up After the Bush W Bailout
MeanMesa Raising Taxes: Stop Paying CEO Bonuses From the General Fund

Posted by Chad H at 5:02 PM No comments:
Labels: CNN, cut the deficit and pay down the debt, Holy Grail for Hedgies and Billionaires, How We raise taxes, The Daily Caller, Trump-Closing Carried Interest Deduction, Trump-Won't Sign Norquist Pledge

Monday, October 17, 2011

American Driver? Pay the Nice Man $600

Really "Good" Government Allows Oil Speculators
to Cost Average Drivers $600/Year
Oh Dear.  Isn't "Fascism" A Little Harsh?

Not really.

Oil Speculators Screw You First, Then Big Oil (image source)

Rather than get too drippy on the matter, let's have just a short reminder about what fascism is and how to spot it.  For regular visitors to MeanMesa, we have covered this before.  However, that's not a good reason to revisit the issue briefly.

The "old" kind of fascism was the result of mixing "national interests" with "corporate interests."  The material result was seen in examples such as the industrial complex which grew up to support the Reich during WWII.  In fact, the political structure was called "national socialism," or Nazism.

Translating this into modern American terms means that "national interests" have been configured to be replaced by "corporate interests" in return for corporate support for -- and interference in -- national political processes.  Legitimate "national interests" have something to do with the interests of the people living in the country, and legitimate government means that protecting these general interests of the people remains a high priority in government policies.

Descending as quickly as possible from these academic hypotheticals, we need to introduce a particularly outrageous example of just what's being described here.

It has everything to do with "regulation."

The right wing mouth breathers actually find themselves cooperating in this MeanMesa explanation.  They repeatedly argue that "deregulation" is an essential element of "job creation."  Of course, their thinly disguised whining actually amounts to an implied threat to government policy makers.  "If you don't eliminate some expensive regulations, we won't hire any employees."

This wouldn't amount to much except that the regulations these "capitalists" want to eliminate have been put in place under the priority of establishing policies which serve the people represented by the government.  The "fascism angle" comes in when we consider the peculiar loyalties served by such priorities.  In this case, "deregulation" means acting with a policy contrary to the benefit of the people and in favor of a policy which benefits, well, the fascists.

Part of government is usurped, that is, to be converted, usually by merit of lower expenses, into corporate profits.  The interests of the corporation have trumped the interests of the people.

Enough theory.

Corporate Fascism and Buying Gasoline

Here we can begin with the idea that one feature of the social economy that our government is responsible for protecting -- for our own interests -- can be classed as "freedom of trade."  The opposite of "freedom of trade" is "restraint of trade."

Restraint of trade means that, one way or another, the "free market, capitalistic" nature of something has been subverted in favor of profit.  In this case, the "profit" is not resulting from normal "free market" activities, but, of course, instead, from the "restraint of trade."

Now, under a legitimate "free market" system, gasoline prices would amount to the cost of gasoline plus the profit required by the capitalists running the various businesses providing the gasoline for sale. Under ideal conditions, the "gasoline providing" businesses could be expected to be constantly seeking ways to lower the cost of the gasoline.

You know, "free market" stuff.

Likewise, the "gasoline providing businesses" would also be forced to compete with each other, maintaining prices at competitive levels so their products would be, well, competitive.  The prospect of adding a few dollars to the price of a gallon of gasoline, thus greatly increasing the profit from its sale, would be attractive, but the competition would instantly ruin the plan by offering a lower price at the station just across the street.

Further, approaching the "free trade" idea as a responsibility of government, if a wealthy gangster were to suddenly appear on the market, purchase all of the gasoline before it could be transported to the gas stations and raise the price a few dollars per gallon, forcing all the gas stations to charge accordingly for their supply, the government would, theoretically, step in to express some legal discomfort with the resulting "restraint of trade."

This scheme would require enough cash on the part of the gangster to purchase all the gasoline as it emerged from the refineries, corner the market and accomplish all this to control the price.  This necessary investment cash would, in a sense, simply be a part of doing business this way.  However, if the gangster added a little more to this cost by including whatever it would take to "keep the government out" of the business, his scheme could just roll ahead, "roses, simply roses."

Of course, this would be a "monopoly," and we have very distinct laws against such "monopolies."

If we had no such laws against monopolies, we would have corporate fascism where the interests of the corporations would be able to trump the interests of the consumers.

Oil Speculators as Fascists

With the "monopoly idea" off the table, we should probably expect gasoline prices to be fairly rational, that is, routine products of the "free market, free trade" system.   After all, monstrosities such as the pre-Sherman Antitrust Act Standard Oil were finally crushed in its earlier, oligarchic, corporate form decades ago for these very reasons.

http://www.newser.com/tag/32528/7/oil-prices.html


However, an important difference marks the comparative tale of then and now.  Giant monopolies such as Standard actually owned the entire material components of everything required to utterly control a market, supply, prices -- everything.  In the "now version" we find all this control skulking in the nearly invisible world of commodities traders, with respect to this posting, oil traders.

What it has in common with its historical precursors is its amazingly parasitical nature.  We are discussing oil speculators, the modern form of the inflationary parasites.  The reason we are discussing oil speculators has everything to do with a quiet CNN news story which surfaced today, October 14, 2011.  Read the entire article here.

The headline is enough.  CNN reports:

"Oil speculation seen adding $600 to your gas bill."

The reason such an outrage is possible, much less legal, is precisely because Congressmen and Senators made it both.  If there are 100 million drivers paying this $600 "speculation increment" in their annual gasoline bills, the "total take" will be:

$600 X 100,000,000 = $60,000,000,000 ($60 Bn) per year.

It gets worse.  The estimated population of oil speculators, even counting each individual in companies which do such a shady business, is between 200 and 500.  The $60 Bn "take" is divided between, being generous, 500 well positioned individuals.  The rough income being generated for these 500 individuals amounts to a little more than $100 Mn per year, for each one.

How in the world have these little banksters ever been able to convince the Congress to provide the body of law which made this legal?  And, by the way, not only legal but also enjoying a top marginal tax rate of 15%?

Don't kid yourselves.  They bought and paid for every letter in every law they needed and received.  They still own the laws and lawmakers they need, today.  They continue to "take home" this same amount of income, today.  They still pay 15% income tax on all the dollars they can't off shore or hide some other way, today.

This is the kind of money that Republicans know is big enough to control the entire government, that is, at least big enough to subvert it nicely.

A "subverted" government which holds a higher loyalty to corporate traders than it does to the people it represents is a fascist government.  When such a government is "paid" to sustain such a practice, it is a criminal government.

So, if you are still trying to "get over" this bit of news, spend a little time reviewing Texas Governor Perry's "job plan," announced today.


Posted by Chad H at 8:59 PM No comments:
Labels: $600/year, CNN, oil speculators
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More from Chad Hall


Interesting web sites frequently visited by MeanMesa:
Fourth Way Studies

and, The Secret of Paraneho
http://paraneho.blogspot.com/

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