Category Archives: Government

Trump’s Animal Spirits

161205animal spirits

James Fallows, in the October Atlantic, says Jane Goodall told him that Donald Trump reminds her of a chimp:

In many ways the performances of Donald Trump remind me of male chimpanzees and their dominance rituals,” Jane Goodall, the anthropologist, told me shortly before Trump won the GOP nomination. “In order to impress rivals, males seeking to rise in the dominance hierarchy perform spectacular displays: stamping, slapping the ground, dragging branches, throwing rocks. The more vigorous and imaginative the display, the faster the individual is likely to rise in the hierarchy, and the longer he is likely to maintain that position.”

Animal Spirits

The elite made a monkey of Trump before the election. But since then he’s released the stock market’s animal spirits. Oil and the dollar dig The Donald too.

Many 401-k investors are bullish because stocks have hit record highs. But Clinton Foundation investors – not so much.

Well, at least one Clinton supporter has done ok. Warren Buffett’s Berkshire Hathaway is up 8% since the election.

 

Bitter Clingers, Deplorables, and Fox News

161202fox news

On the  campaign trail President Obama attempted to transfer his base of support to Hillary Clinton. He pleaded,”I’m not on the ballot but my policies are.” And he warned that he’d take it as a “personal insult” if African Americans failed to turn out for her. Well, Obama Nation didn’t show and Hillary lost. Trump was elected president with majorities in the House and Senate.

Another shellacking.

In a Rolling Stone interview the president analyzed the  shellacking. And he concluded his lost legacy was due to a failure to communicate with middle America. That would be the Coal miners he and Hillary promised to put out of work. The Bitter Clingers. The Deplorables.

Fox News

That and Fox News. “Part of it Obama said, “is Fox News in every bar and restaurant in big chunks of the country.” Personally, I hardly noticed Fox in bars and restaurants in my midwest chunk of the country. But maybe that’s just me.

Progressives are also blaming Fake news for Hillary’s upset.

A month ago a federal court ruled that Rolling Stone defamed a University of Virginia administrator with malice. The administrator was awarded $3 million.

The magazine had published a fake news story about rape.

 

Nancy Pelosi House

161201 Nancy Pelosi

Nancy Pelosi won 134 votes to Tim Ryan’s 68 to hang on as House Minority Leader. Ryan is taking credit for giving her a scare. But winning 68% of the vote sounds like a landslide to me.

Maybe they should demand that Jill Stein do a recount.

Nancy Pelosi

And maybe Nancy Pelosi should give the Democratic party a scare. Under her leadership they lost 63 House seats in 2010 and 13 more in the 2014 midterms.

Republicans now own “the White House, and the Senate, and the House, and 33 governorships and 68 (of 98) state legislative chambers.”

 

Stand Up Guy

161118 stand up

In 2009 President Obama tried a “reset” with Russia.

During a 2012 campaign debate, Mitt Romney called Russia the “biggest threat” to The United States. To which Obama cracked wise, “the 1980s are calling, they want their foreign policy back“. He tutored Romney that the cold war was over.

Stand Up

Also in 2012, Obama whispered to Russian President Medvedev that he could be more flexible after the election. Medvedev promised to transmit the message to Vladimir.

Now, after the 2016 election, he’s lecturing the world that Trump needs to “stand up to Putin.”

 “I don’t expect that the President-elect will follow exactly our approach,” Mr Obama said.

 “But my hope is he does not simply take a realpolitik approach and suggest that … if we just cut some deals with Russia, even if it hurts people or even if it violates international norms or even if it leaves smaller countries vulnerable, or creates long-term problems in regions like Syria, that we just do whatever’s convenient at the time.”

Obama Turns Over National Security Apparatus Keys

national security apparatus

The Daily Beast is alarmed by the massive national security apparatus The President is turning over to The Donald. It kills by drone and fights wars without congressional approval.

Whenever George W. Bush started a war he made sure to to pack a Congressional resolution. President Obama, not so much.

Obama ended “torture” of enemy combatants. Instead he blows them up by drone.  Even American citizens make the hit list.

He also engineered a nuke treaty with Iran without Senate approval. He simply deemed it not  a treaty.

Now all that power is in the tiny hands of President-elect Trump.

National Security Apparatus

Here’s Jameel Jaffer, the director of the Knight First Amendment Institute at Columbia University:

“Many Americans were willing to invest broad power in the presidency because they trusted the president. But obviously the powers that we invest outlast any particular president, and now those powers are available to Trump.”

Oh.