A very good article written by a journalist with a leftward political list. (Which he admits from the outset.) He’s tough on Hillary and he is pretty tough on Trump. But he is hardest on the Washington/New York cabal of “journalists” that has been exposed as little more than a den of propagandists in this election. Of course we’ve long talked about the #cronymedia and the #oldmedia but it’s good to see other folks, journalists, speaking out now.
No advance warning? That is pretty remarkable if true. A remarkable development within today’s remarkable development. The election drama refuses to ebb.
Pass the popcorn. This one looks to be a cliffhanger.
We don’t call it “mutant capitalism,” we call it crony capitalism. But the main point made in the attached article is vitally important.
What many young people know as “capitalism” is not capitalism. They’ve known only crony capitalism. Many young people have never seen a world in which the economy was allowed to breathe and one where people were generally free to start businesses and carve out a claim while helping fulfill the needs and desires of their fellow humans.
The Trump campaign reported receiving $100mm in gifts in September compared to about $154mm for the Clinton campaign. $2 million of the $100 came from Trump himself. In the last debate, Trump also estimated that he would contribute about $100 mm in total to his campaign which presumably included the primaries as well as the general election.
One of the features of the Trump campaign that has been much discussed was the presumption that it would be self-funding.
One particularly remarkable thing about these speeches is that it took Wikileaks to get them out to the public. Clinton gave dozens of speeches after her failed 2008 run and yet no recording or partial recording of these speeches emerged to our knowledge. No one had their phone on? No one?
Regardless the details are out now and they reveal about what many people expected, someone who is very cozy with the banking industry and who seemed to take some pride in the fact that her (mostly) newly amassed wealth (largely from speeches for $200,00+) separated her from the petty middle class.
We noted yesterday that Darth Vader was running on a “I’ll build a Deathstar” platform. Now today Han Solo weighs in. I think many people are on board with his pick.
Another one of those “no biggie” moments we’re all getting so used to.
This is coming from Larry Summers. Larry Summers, Treasury Secretary to Bill Clinton and likely member of any Hillary Clinton team.
We’ve been told forever that the Federal Reserve is “independent” and apolitical. That is a myth. (That’s the nice word.) Of course it’s political.
Really, in the United States, a place where we are supposed to be economically free, we shouldn’t be discussing the disposition of a financial politburo any way. There should be no Federal Reserve politburo.
Yesterday I was listening to Bloomberg in the car when I heard the a reporter say something very curious. He said, and I am paraphrasing, that Trump would have to win the election decisively to overcome his opponent’s “ground game.” In other words, Trump can’t just squeak out a narrow win as even such a win might still translate into a victory for Clinton because of her “ground game.”
It should be noted that many people believe that the only reason JFK became president was because of voter “irregularities”
Ms. Clinton reportedly uttered these words during a State Department meeting focused on the impact of the release of a group of diplomatic cables from Wikileaks. State also reportedly discussed “legal and non-legal” ways of neutralizing Assange.
Well, I am sure glad that was cleared up.
It certainly feels that way to me too. In about 4 hours things will (probably) be a bit clearer.
The debates are one of the croniest parts of our electoral system. The whole show really is deplorable.
People will bet on anything.
So the odds of Trump walking onstage with a red tie are…