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Month: November 2017

Uranium scandal 101

Uranium scandal 101by digby

Joe Conason took on the thankless task of explaining why the “Uranium One” psuedo-scandal is total nonsense. He does a good job of it:

As special counsel Robert Mueller prepared to indict two of the President’s top former aides last month, and began to subpoena information from the White House, his campaign and members of his family about possible collusion with Russia, Donald Trump issued a tweet that bordered on hysteria:

“The Dems are using this terrible (and bad for our country) Witch Hunt for evil politics, but the R’s are now fighting back like never before. There is so much GUILT by Democrats/Clinton, and now the facts are pouring out. DO SOMETHING!”

Responding to that presidential scream, Republicans on Capitol Hill, right-wing media outlets and Attorney General Jeff Sessions are doing something. Working together, they have revived the discredited “Russian uranium” accusations against Bill and Hillary Clinton, as well as the foundation that bears their names.

Their unsubtle purpose is to distract public and press attention from the ongoing probe of connections between Trump and the Kremlin with a conspiracy theory that envelops the Clintons, the Obama administration, the FBI, and Mueller himself — all with the aim of discrediting the investigation of Trump.

It is an implausible tale, full of logical inconsistencies and false assertions, that dates back to 2015, when Steve Bannon was head of Breitbart News and also ran a small Florida nonprofit called the Government Accountability Institute.

Looking ahead to Hillary Clinton’s likely nomination for President on the Democratic ticket, Bannon and author Peter Schweizer had put together a book called “Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich,” which charged that the former President and his wife had benefited from corrupt deals involving their foundation.

The book was a tendentious work, replete with errors and omissions, but it benefited from a pre-publication bonanza when the New York Times publicized one of its most sensational charges on the paper of record’s front page. For reasons best known to its editors, the Times agreed to an “exclusive deal” with Schweizer that led to a 4,400-word front-page article with the vague but suggestive headline “Cash Flowed to Clinton Foundation Amid Russian Uranium Deal.” The story hinted at serious wrongdoing with implications for national security.

These were the dots connected:

Through a complex series of business deals, Russia had obtained control of a portion of U.S. uranium reserves, using a Vancouver-based company called Uranium One. Some of the Canadian investors who profited from the sale of Uranium One to Rosatom, the Russian state-owned atomic energy corporation, had given millions of dollars to the Clinton Foundation.

Russia’s acquisition of American uranium had been approved by the State Department while Hillary Clinton served as Secretary of State. And Bill Clinton had received a $500,000 fee for a speech delivered in Moscow at a bank that had some connection with Uranium One.

What weakened that apparently damning story was a single big flaw: Hillary Clinton never had the sole authority to sign off on the sale of Uranium One to the Russians, but held only a single seat on a government panel that included members from nine agencies, the Committee on Foreign Investment in the United States.

That committee had voted unanimously in favor of the deal, which had also required and obtained the approval of the Nuclear Regulatory Commission and the state of Texas, then governed by Republican Rick Perry (later chosen by Trump to serve as secretary of energy).

Although “Clinton Cash” attributed a “central role” to Hillary, she hadn’t participated at all in the Uranium One decision. According to the assistant secretary of state who represented her on the inter-agency panel, “Mrs. Clinton never intervened with me on any CFIUS matter.”

Knowledgeable observers of CFIUS say that its decisions are dominated by the Pentagon and the Treasury Department, which chairs the committee, not by State.

And those nine agencies had approved the sale of the remainder of Uranium One to the Russians in 2013, again unanimously, several months after Hillary Clinton had left government. That sale also required additional approvals from the Nuclear Regulatory Commission and Canadian regulators.

So neither of the Clintons could have been bribed to approve Uranium One, because they had nothing to sell. And Frank Giustra, the billionaire Canadian mining investor who was by far the biggest foundation donor connected with Uranium One, had divested his holdings in the company years before it was sold.

Lame as it was, however, the Uranium One story helped launch “Clinton Cash” onto the bestseller lists and stoked the Hillary-hating narrative of the Trump campaign. After Trump’s election victory the story faded — until its recent reappearance on in right-wing media outlets like Fox News, Sinclair Broadcasting and, of course, the presidential Twitter feed, as a cudgel against Mueller and his probe of Russian interference in the 2016 campaign.

Now, it is hyped by Fox talking heads as “the biggest scandal of the century,” which former Trump aide Sebastian Gorka says should send Hillary Clinton to the electric chair like Julius and Ethel Rosenberg, the Soviet spies who stole American atomic secrets.

But in order to discredit Mueller, right-wing journalists have expanded the initial version into an even more convoluted and mysterious tale.

Unfortunately, there’s more. It’s what Roger Stone and David Bossie call “the bank shot” to use this trumped up story to discredit Robert Mueller who was the FBI Director at the time. But in order to follow this convoluted bullshit tale, you should probably read it. This whole mess is only going to get worse. They cannot govern. This is what they do.

That hilarious chart at the top is not a joke. It was prepared by Louis Gohmert, the stupidest man in the House, to “explain” the scandal. In case you don’t find it to be obvious, here’s Stephen Colbert to explain it all to you:

Cleared up? I thought so …

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What exactly were Trump and Flynn up to anyway?

What exactly were Trump and Flynn up to anyway?by digby

I’m fascinated by this latest twist in the Mueller investigation about Trump, Flynn and the 15 million dollar kidnapping plot. Trump obviously knew about it and tried to get Comey to go easy on his pal anyway. But what if he actually ok’d it? It sure seems to be something he’d think was so much winning…

When President Donald Trump allegedly tried to stop the FBI investigation of his national security adviser, retired Lt. Gen. Michael Flynn, was Trump aware of Flynn’s meetings with Turkish officials? If so, it could significantly increase the president’s exposure to political liability and legal wrongdoing involving obstruction of justice.

A crucial part of the timeline is the reported efforts of the White House to stop the investigation of Flynn in late March.

On Valentine’s Day, the president asked FBI Director James Comey if he could see his “way clear to letting this go, to letting Flynn go,” according to Comey’s congressional testimony and contemporaneous notes (Trump has denied this, but Donald Trump Jr. has essentially confirmed it). What would Trump have wanted Comey to let go exactly? So far the media has focused on federal investigators’ probe at the time into whether Flynn lied to the FBI. But at the same time there was also a federal investigation into Flynn’s work on behalf of Turkey—and the White House knew about it. We also now know that on Sept. 19, 2016, and in mid-December, Flynn reportedly met with senior Turkish officials, and is alleged to have discussed the prospect of kidnapping and secretly removing a U.S. resident, cleric Fethullah
Gülen, from the United States into Turkey’s custody. If Trump knew about the Turkey meetings—or what might have been discussed—at the time of the Feb. 14 exchange with Comey, that would raise a “different order of problem for the president,” Ben Wittes exclaimed on Lawfare’s podcast. Wittes is right.

Here are a number of data points on the timeline, as well as statements provided to Just Security by former CIA Director James Woolsey’s spokesperson, that might clarify what the White House knew and when it knew it.

It is not only important to understand what the president knew on Feb. 14, but also what he became aware of in the weeks and months afterward. That’s because Trump reportedly took additional steps to try to stop the investigation of Flynn following the Oval Office meeting with Comey. A crucial part of the timeline, for example, is the reported efforts of the White House to stop the investigation of Flynn in late March 2017 and the revelation of Flynn’s September 2016 meeting with Turkish officials around that same time.

Even if the president had no knowledge of the potential kidnapping meetings, if he tried to obstruct the federal investigation into Flynn’s work as an agent of a foreign government (Turkey), it would significantly raise the prospect of legal and political liability beyond his potential liability for obstructing the Russia-related investigation.

Reviewing this timeline, the mounting evidence of Flynn having been a paid foreign agent for Turkey seems likely to have figured into Trump’s calculus in relieving him of duty. The White House knew of the threatening nature of an active federal investigation of Flynn’s work on behalf of Turkey when the president allegedly asked Comey to “let Flynn go” on Feb. 14. Finally, the information contained in Flynn’s filing as a foreign agent in early March was likely on the minds of White House senior officials when they reportedly attempted to get top intelligence officials to intervene with Comey to drop the Flynn investigation that month.

These claims may sound strong when stacked together. But they are also each qualified and relatively modest all things considered. That’s because we don’t know the full picture. Even if Flynn’s foreign agent filings were on senior officials’ minds, they may have acted for other reasons, for example. And when they reportedly asked top intelligence officials to get Comey to halt the Flynn investigation, maybe they limited their inquiry to the Russia-related part. All that said, there’s a mountain of information here that raise serious questions and lend circumstantial support to our conclusions.

This seems like Trump all the way down to me. Flynn is crazy and Trump believed that as president he was immune from all laws. (He still thinks that if the president does it it’s not illegal when it comes to outright corruption.) I find it entirely plausible that he thought this was an awesome plan and told Flynn to go for it.

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Update on Church Shooter: No Charges, Keeps Gun and Carry Permit @spockosbrain

Update on Church Shooter: No Charges, Keeps Gun and Carry Permit

by Spocko

TELLICO PLAINS, Tenn. — An 81-year-old man who accidentally shot his wife and himself at church while showing off his gun won’t face charges or lose his carry permit, police said Friday.

Wayne Reid shot himself in the hand and his 80-year-old wife, Kathy, through the abdomen around 1 p.m. ET Thursday while showing off his Ruger pistol to a fellow parishioner at First United Methodist Church.

“As far as I know, he’ll get to keep it,” police Chief Russ Parks said of the firearm. “No one who was in the church is wishing to press charges, and we in the police department think they’ve suffered enough.” USA Today

After a church shooting congregations talk about what should be done to prepare. They talk about the benefits and costs of various responses.

Congregations in different parts of the country choose different solutions. For example, The River at Tampa Bay Church, choose to be heavily armed.

If you are a member of a church discussing the issue this week, you should look at all the costs and benefits of various responses. In addition to talking to experts in safety and security, you should contact your insurance agent AND your legal counsel.

I’ve been contacting insurance companies this week wondering what they recommend to congregations. Off duty police? Licensed private security? Their own security force composed of people with concealed guns?

I’ve asked them how they calculate the risks and then the premium costs for the different configurations.

In the meantime I’ve been looking at other costs. I don’t know all the details of Wayne Reid’s case in Tennessee. Maybe he’s a super rich guy with great insurance, but I wonder:

  • Who pays for that 50 mile helicopter flight to Knoxville for his wife?  The average patient bill from Air Methods, according to an analysis of national research in Consumer Reports, rose from $13,000 in 2007 to $50,000 in 2016.  (Tennessean )

    If they are on Medicare, how much of this flight is covered? 

  • Did the man have extra insurance because he is carrying a concealed weapon in public? Doubtful. Remember, gun owners aren’t required to have any liability insurance.
  • Does the Church have liability coverage? 

Maybe the entire community is fine with absorbing the medical costs instead of putting the financial responsibility back on the man who brought his gun to church, or on the church that decided to allow this person, with his level of training, in the church while carrying a gun.

Praise the Lord and pass the collection plate!

Bannon made him do it

Bannon made him do itby digby

This isn’t an uncommon rap in politics but it’s fatuous no matter who gives it. Here’s Steve Bannon preparing to lose — and saying that he’s actually winning because he “forced” the people he challenged to reckon with his big swinging movement. It’s the wingnut version of win-win.

Stephen Bannon, the executive chairman of Breitbart News and former White House chief strategist, said that Senate Majority Leader Mitch McConnell (R-Ky.) is “picking up his game” amid threats to his power posed by the “insurgency movement” led by President Trump.

In an interview with radio host John Catsimatidis that aired Sunday, Bannon blasted McConnell for what he described as lackluster support for Trump’s agenda, but noted that the majority leader has worked more aggressively in recent weeks to confirm judicial nominees, pass a budget and push forward a tax-reform plan.

“Now that he’s afraid, now that he sees that the grass-roots movement — whether it’s in Alabama or Arizona or Tennessee or Mississippi — is going to replace his cronies like [Sens.] Jeff Flake [R-Ariz.] and Bob Corker [R-Tenn.], now he’s scared, and now he’s trying to move more federal judges through the system and really trying to cleave to President Trump’s plan,” Bannon said.

Bannon, who left his White House post in August, has railed against McConnell — and the GOP establishment more broadly — vowing to oust him as majority leader and install lawmakers more closely aligned with Trump’s brand of conservatism.

Movements can change a party, obviously. Trumpism isn’t one them unless you believe that massive tax cuts for the rich have become a GOP priority because Trump is more openly cretinous and incompetent than any other president in history. That’s what he’s brought to the table, nothing else. Old Mitch is just doing what they would have done if Jeb Bush or John McCain were president. Trumpism had nothing to do with it.

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So Nobly Advanced ….

So Nobly Advanced ….By Dennis Hartley

On this date in 1863, President Lincoln delivered his Gettysburg address, which opens with: “Fourscore and seven years ago our fathers brought forth on this continent, a new nation, conceived in Liberty, and dedicated to the proposition that all men are created equal.” Earlier today, channeling the spirit of this rich tradition of presidential eloquence, our current commander-in-chief Donald Trump tweeted:

I’m sorry, memory fails … what was that Civil War all about again?

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QOTD: Dr Nobody

QOTD: Dr Nobodyby digby

“I never thought I’d be quoted as looking like villains from the ‘James Bond’ [movies]. I guess I should take that as a compliment that I look like a villain in a great, successful ‘James Bond’ movie,” Mnuchin said on “Fox News Sunday.”
Ok.

Inside the dossier

Inside the dossierby digby

The Guardian’s Luke Harding has written a book about how Trump walked into Putin’s web. This long read about “the inside story of how a former British spy was hired to investigate Russia’s influence on Trump – and uncovered explosive evidence that Moscow had been cultivating Trump for years” is well worth your time. Here is an excerpt about the dossier:

After Trump became the presumptive nominee in May 2016, Singer’s involvement ended and senior Democrats seeking to elect Hillary Clinton took over the Trump contract. The new client was the Democratic National Committee. A lawyer working for Clinton’s campaign, Marc E Elias, retained Fusion and received its reports. The world of private investigation was a morally ambiguous one – a sort of open market in dirt. Information on Trump was of no further use to Republicans, but it could be of value to Democrats, Trump’s next set of opponents.

Before this, in early spring 2016, Simpson approached Steele, his friend and colleague. Steele began to scrutinise Paul Manafort, who would soon become Trump’s new campaign manager. From April, Steele investigated Trump on behalf of the DNC, Fusion’s anonymous client. All Steele knew at first was that the client was a law firm. He had no idea what he would find. He later told David Corn, Washington editor of the magazine Mother Jones: “It started off as a fairly general inquiry.” Trump’s organisation owned luxury hotels around the world. Trump had, as far back as 1987, sought to do real estate deals in Moscow. One obvious question for him, Steele said, was: “Are there business ties to Russia?”

Paul Manafort, who Steele started investigating in spring 2016. Last month Manafort was indicted on 12 charges including conspiracy against the United States.
Paul Manafort, who Steele started investigating in spring 2016. Last month Manafort was indicted on 12 charges including conspiracy against the United States. Photograph: Matt Rourke/AP
Over time, Steele had built up a network of sources. He was protective of them: who they were he would never say. It could be someone well-known – a foreign government official or diplomat with access to secret material. Or it could be someone obscure – a lowly chambermaid cleaning the penthouse suite and emptying the bins in a five-star hotel.

Normally an intelligence officer would debrief sources directly, but since Steele could no longer visit Russia, this had to be done by others, or in third countries. There were intermediaries, subsources, operators – a sensitive chain. Only one of Steele’s sources on Trump knew of Steele. Steele put out his Trump-Russia query and waited for answers. His sources started reporting back. The information was astonishing; “hair-raising”. As he told friends: “For anyone who reads it, this is a life-changing experience.”

Steele had stumbled upon a well-advanced conspiracy that went beyond anything he had discovered with Litvinenko or Fifa. It was the boldest plot yet. It involved the Kremlin and Trump. Their relationship, Steele’s sources claimed, went back a long way. For at least the past five years, Russian intelligence had been secretly cultivating Trump. This operation had succeeded beyond Moscow’s wildest expectations. Not only had Trump upended political debate in the US – raining chaos wherever he went and winning the nomination – but it was just possible that he might become the next president. This opened all sorts of intriguing options for Putin.

In June 2016, Steele typed up his first memo. He sent it to Fusion. It arrived via enciphered mail. The headline read: US Presidential Election: Republican Candidate Donald Trump’s Activities in Russia and Compromising Relationship with the Kremlin. Its text began: “Russian regime has been cultivating, supporting and assisting TRUMP for at least 5 years. Aim, endorsed by PUTIN, has been to encourage splits and divisions in the western alliance.”

“So far TRUMP has declined various sweetener real estate business deals, offered him in Russia to further the Kremlin’s cultivation of him. However he and his inner circle have accepted a regular flow of intelligence from the Kremlin, including on his Democratic and other political rivals.

“Former top Russian intelligence officer claims FSB has compromised TRUMP through his activities in Moscow sufficiently to be able to blackmail him. According to several knowledgeable sources, his conduct in Moscow has included perverted sexual acts which have been arranged/monitored by the FSB.

“A dossier of compromising material on Hillary CLINTON has been collated by the Russian Intelligence Services over many years and mainly comprises bugged conversations she had on various visits to Russia and intercepted phone calls rather than any embarrassing conduct. The dossier is controlled by Kremlin spokesman, PESKOV, directly on Putin’s orders. However, it has not yet been distributed abroad, including to TRUMP. Russian intentions for its deployment still unclear.”

The memo was sensational. There would be others, 16 in all, sent to Fusion between June and early November 2016.

Vanity Fair noticed one particular little bread crumb:

In December of last year, Steele informed Luke Harding, a journalist for the Guardian, that “the contracts for the hotel deals and land deals” between Trump and individuals with the Kremlin ties warrant investigation. “Check their values against the money Trump secured via loans,” the former spy said, according to a conversation detailed in Harding’s new book, Collusion: Secret Meetings, Dirty Money, and How Russia Helped Donald Trump Win. “The difference is what’s important.”

According to his book, Steele did not elaborate on this point to Harding, but his implication was clear: it’s possible that Trump was indebted to Russian interests when he descended Trump Tower’s golden escalator to declare his candidacy. After the real-estate mogul suffered a series of bankruptcies related to the 2008 financial crisis, traditional banks became reluctant to loan him money—a reality he has acknowledged in past interviews. As a result, the Trump Organization reportedly became increasingly reliant on foreign investors, notably Russian ones. As Donald Trump Jr. famously said in 2008, “Russians make up a pretty disproportionate cross section of a lot of our assets. We see a lot of money pouring in from Russia.”

The significance of such transactions is not lost on Special Counsel Robert Mueller. Citing a person familiar with the F.B.I. probe, Bloomberg reported in July that Mueller’s team is investigating a series of deals Trump struck, including the Trump Organization’s failed SoHo development that involved Russian nationals, the 2013 Miss Universe pageant in Moscow, and the president’s sale of a Palm Beach estate in 2008. All three deals have drawn scrutiny for their ties to Russian interests; as Craig Unger outlined for the Hive, the 2014 Trump SoHo development is likely of interest to Mueller thanks to the involvement of Felix Sater—a Moscow-born, Russian-American businessman who did time for stabbing a man in the face with a margarita glass—and the now-defunct company he worked for, the Bayrock Group. Similarly, Russian developer Aras Agalarov, whose son Emin helped broker the controversial Trump Tower meeting last June between Donald Trump Jr. and Russian lawyer Natalia Veselnitskaya, paid $20 million to bring Miss Universe to Moscow. And Russian fertilizer magnate Dmitry Rybolovlev bought the Florida mansion for a staggering sum of $95 million in 2008—despite Trump having paid just $41 million for the property four years prior.

Trump has cautioned that he would view any attempt by Mueller to dig into his past business deals as out of bounds. But the former F.B.I. director has a broad mandate from the D.O.J. to investigate “any links and/or coordination between the Russian government and individuals associated with the campaign” and “any matters that arose or may arise directly from the investigation”—suggesting that Trump’s deals with Russians fall under Mueller’s purview. Nor is Mueller’s tack in following the money limited to Trump. The indictments the special prosecutor brought against former Trump campaign manager Paul Manafort and his deputy and longtime business associate Rick Gates included conspiracy to launder money and seven counts of improper foreign banking and financial reporting. (Both Manafort and Gate have denied the charges.)

Since media outlets published the Steele dossier last January, Republican lawmakers and conservative pundits alike have sought to discredit it. In recent weeks, Trumpworld has latched onto the revelation that the Democratic National Committee and the Clinton campaign indirectly bankrolled Steele’s investigative work—which he conducted for Washington-based intelligence firm Fusion G.P.S.—through the law firm Perkins Coie. They have argued that the dossier’s origins not only make it invalid, but are indicative of a larger anti-Trump conspiracy. Steele, however, stands by his work. While the former MI6 agent acknowledged that no piece of intelligence is 100 percent airtight, Harding noted that Steele told friends he believes the 16 memos he delivered to Fusion to be “70 to 90 percent accurate.”

MSNBC is reporting that Rob Goldstone, the publicist who set up the Trump Tower meeting and helped arrange the Miss Universe pageant in Moscow in 2013 is going to be speaking with Mueller soon. I’d imagine he’ll be quite the interesting witness.

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More greatness to come by @BloggersRUs

More greatness to come
by Tom Sullivan


Graphic: Vox.

Maybe we should go back and try government of, by, and for people again. Regular people. Not billionaires. Not artificial persons that, by human design, operate at the level of appetite and instinct. Just a suggestion.

Because — hang onto your wallets — the Republican tax “cut” passed the House and is headed for a vote in the Senate after Thanksgiving. If you are not uneasy, you should be. Whatever happens. Likely, the GOP tax plan is headed into territory Republicans plowed earlier in the year with their attempts to repeal the Affordable Care Act, a.k.a., Obamacare. That’s both in terms of prospects for the tax bill’s failure and because Republicans are trying for the nth time to repeal Obamacare.

By knocking out one of the legs of the three-legged stool that holds up the ACA, they hope to engineer its collapse. By eliminating the individual mandate that supports eliminating the pre-existing conditions disqualifier and holds down the cost of sliding-scale health care subsidies that make the insurance affordable (in theory), premiums will rise and millions will lose coverage.

A small price to pay, they believe, for lowering the corporate tax rate and delivering on tax cuts.

“The numbers are in and it’s clear: this tax bill helps the rich and hurts everybody else,” Adam Davidson writes at The New Yorker. Run by the chairs of the House Ways and Means Committee and the Senate Finance Committee, the U.S. Congress Joint Committee on Taxation report on the bill’s impacts paint it, says Davidson, “much like a teaser rate on a new credit card.” There will be an immediate payoff for the middle class for the first few years, but those payoffs erode quickly for those below median income.

By 2021, those making between twenty thousand and thirty thousand dollars a year are paying considerably more in taxes, those between thirty thousand and two hundred thousand see their benefit shrinking, and those making more start to see their taxes falling. By 2027, every income level below seventy-five thousand dollars a year sees a tax increase, while everybody above that level sees a continued decrease, with the greatest cut in taxes accruing to those making more than a million dollars a year.

Or you could believe Senate Finance Chair Sen. Orrin Hatch (R-UT). He comes from poor people.

The other teaser — that cutting corporate tax cuts somehow will trickle down to the little people — flies in the face not just of history (Republicans have tried this before more than once), but of well-established corporate behavior. Players with any shame would not go out in public and peddle this with a straight face. Which would not include White House economic advisor Gary Cohn Gary Cohn, formerly with Goldman Sachs, who embarrassed himself trying before a roomful of CEOs last week.

Kimberly Clausing, an economist at Reed College, spoke to NPR’s Elise Hu last week on the non-effects of tax cuts on job and wage growth:

KIMBERLY CLAUSING: A lot of what’s holding back investment right now has nothing to do with a scarcity of after-tax profits. In fact, if you look at multinational firms, most of them have record-high after-tax profits compared to earlier years or earlier decades. Instead, what seems to be holding back investment is lack of good investment opportunities.

So for instance, if the middle class is struggling, that gives you fewer items that you could sell to the middle class and then less incentive to invest in factories to make those items. So I think most companies are not so much wanting for funds but wanting for things to invest in.

That is, demand drives the economy, not supply. Put more money in workers’ hands, not through tax cuts, but through paychecks, and the economy will expand. Implementing a $15 minimum wage was supposed to hurt Seattle’s small businesses. But at least its restaurant scene is booming. Chef Edouardo Jordan cannot think of expanding because of a labor shortage. Rents in downtown Seattle are climbing, too. But, The Stranger‘s Charles Mudede comments snideley, you won’t find academic studies “about how rising commercial rents are hurting Seattle’s economy.

Clausing commented on Cohn-ish trickle-down boosters behind the “Tax Cuts And Jobs Act”:

CLAUSING: I think what’s interesting here is that if you look at the people who are marketing this tax plan, they’re often marketing it as if it will help workers through a sort of a trickle-down mechanism. But if you went straight to the workers instead and gave them benefits from the tax cut – whatever tax cut you’re going to have – that’s I think more likely to trickle up and help corporate America by giving the middle class more money to spend on goods and services and by making those investments worthy opportunities for firms.

“It’s a Ponzi scheme,” one Wall Street executive told Vanity Fair‘s William D. Cohen, who writes:

Executives know there’s no mechanism in the G.O.P. tax plan to reward them for passing those savings along to their employees, who Paul Ryan has estimated would get an average $4,000 raise (over a decade) as a result of corporate largesse. The labor market has tightened considerably—the unemployment rate is at a 15-year low—and the stock market is starting to level off. The word on the street, though, isn’t that higher corporate profits will lead to higher wages; rather, it’s all about buybacks: Goldman says stock buybacks will hit $590 billion in 2018, while Merrill Lynch predicts half of all repatriated cash would go to buybacks or acquisitions. It’s a sugar high that might extend the market rally temporarily, but will deepen the rot in our economic cavity.

“Will this be the first tax cut in American history that actually results in a recession?” Cohen’s executive asked. Eliminating deductibility of state and local taxes (including property taxes) isn’t just a direct transfer of wealth to red states that voted for the sitting president, and a way to punish states that didn’t. It could drive down real estate values by 10 to 17 percent, wiping out a massive amount of homeowner equity, depress consumer spending, and trigger a recession, Cohen warns.

Just the greatness voters wanted.

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Request a copy of For The Win, my county-level election mechanics primer, at tom.bluecentury at gmail.

But he plays one on TV- “Bill Nye: Science Guy ” by Dennis Hartley @denofcinema5

But he plays one on TV-Bill Nye: Science Guy (***)By Dennis Hartley

In a nonsensical world such as ours, it somehow makes perfect sense that it took a Cornell-educated Boeing engineer-turned late night TV sketch comic-turned-goofy kid’s science show host to become logic’s ultimate champion in the sometimes downright insane public debate amongst (alleged) adults regarding human-caused global warming.
Such is the long strange trip of one Bill Nye, aka “The Science Guy”, recounted in a new “warts and all” documentary from co-directors David Alvarado and Jason Sussberg called (wait for it) Bill Nye: Science Guy. While the filmmakers’ non-linear structure (which vacillates abruptly between eco-doc, non-chronological biography and NOVA-style science lesson) takes acclimation, there does seem to be a method to the madness.

Is there “madness” behind Nye’s transition from the bubbly “Science Guy” persona to the relatively more glum-faced crusader we have seen in more recent years taking the science deniers to task? Even the film’s subject himself is unsure of exactly “who” he is at times; as revealed in a fascinating segment where Nye is interviewed by neuroscientist Heather Berlin, who is conducting a study on the effects of celebrity and fame on the brain and the psyche. She sees in Nye “a great test case” with which to explore her thesis. After admitting that the pressures of fame have made him “close [himself] off” to a certain extent in his public and personal life, Nye begins to act and look palpably uncomfortable.

As if to further assure us of no hagiographic intent, the film makers allow some of their subject’s former TV collaborators to dish some passive-aggressive disgruntlement that suggests Nye’s desire for fame and fortune (in the early days, at least) may have trumped any altruistic intentions to bring science to the masses. That said, there are still a number of admirers like Neil deGrasse Tyson on camera to praise Nye and his accomplishments.

My favorite part is where Nye goes to Kentucky for a public debate with anti-evolutionist Ken Ham. Nye first takes us along on a tour of Ham’s Creation Museum, where he finds one particular exhibit suggesting dinosaurs and humans co-existed at the same time to be “very troubling”. Luckily, for viewers like myself who are fully ready at this point to begin hurling objects at the screen, an antidote is administered soon thereafter with a shift back to reality (and sanity) when Nye attends the National Science Teacher’s Conference.

There are also some genuinely touching moments, like during a family visit, when Nye reveals that his brother and sister struggle with Ataxia, a rare neurological disease that affects balance and gait. While it is a hereditary affliction in his family (his father had it), Nye has never shown any signs of having the affliction himself. Consequently, he admits to suffering from a kind of “survivor’s guilt”, which has haunted him all of his adult life.
Another chunk is devoted to examining Nye’s current “day job” as CEO of The Planetary Society, which was co-founded by his mentor Carl Sagan (Sagan’s widow Ann Druyan, who co-wrote the original 1980 PBS series Cosmos and is the creator-producer-writer of the 2014 sequel Cosmos: A Spacetime Odyssey, also makes an appearance in the film).

While they may not have crafted a definitive portrait of Nye, the filmmakers do manage to pass on his “Science Guy” persona’s infectious enthusiasm for the joy of discovery. And it did leave me with the comforting thought that he’s one of the good ones who are out there, holding up the line of defense against blind superstition and purposeful disinformation. In light of the current state of our union, we need all the help we can get.

Previous posts with related themes:

Greedy Lying Bastards
Carbon Nation
Chasing Ice

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–Dennis Hartley