The Mueller Report Is Out--And Even The Redacted Version Is A Lot More Damning Than Trump Wants You To Believe

Well, the much anticipated Mueller Report is out now, and even the redacted version is a LOT more damning than Trump or Barr want anyone to believe.  Seriously.  While it is ostensibly inconclusive about Trump's personal participation in the Russian hacking and interference, the three most important words in the entire 400+ page report are "does NOT exonerate", particularly in relation to the high crime of obstruction of justice. And even the inconclusiveness was largely due 1) important evidence apparently being deleted/destroyed by some of the major players in the Russiagate scandal, and 2) apparent duress, however subtle, to one degree or another, from the Justice Department under Trump.

I mean, this is the very same Donald Trump who unceremoniously fired FBI Director James Comey, then forced Attorney General Jeff Sessions to resign, and even tried to fire Robert Mueller himself--all because he wanted the ever-growing Russiagate investigation to just go away already.  Ipse dixit--he himself said it, after all.  If that is not a textbook example of obstruction of justice, and one that would make even Tricky Dick Nixon himself blush, in fact, I really don't know what is anymore.

And that is just the redacted version!  In other words, Trump is NOT out of the woods yet, if ever.  His fate now rests in the hands of Congress, as well as the Southern District of New York, who is now led by Attorney General Letitia James.  So Donald, if I were you, I would do us all a YUUUGE favor and RESIGN, yesterday.  Then pray that you don't ultimately end up behind bars, because I doubt they would take very kindly to the likes of you in the big house.

We Have A National Emergency, All Right--And It's Trump

Trump just made himself even more of a man without a country, if that's possible, by declaring a "national emergency" to try to force his stupid border wall to be built.  This is almost certain to be challenged and defeated in court.  Meanwhile, he clearly caved to the Democrats otherwise, yet again.  Thus, his "national emergency" is a sign of desperation and weakness, not strength.  Keep digging your own grave, Donald....

Oh, and by the way--this is literally the kind of stuff that DICTATORS do, NOT Presidents.  Abusing your power by usurping Congress' rightful "power of the purse" just because you don't get your way is absolutely NOT NORMAL in any democracy, especially when the so-called "national emergency" at the southern border is contrived and manufactured from on high by none other than the White House.

And if your are looking for the money to pay for that wall, perhaps the first place you should look is the missing $21 TRILLION (more than the entire US GDP, and until very recently, more than the entire gross National Debt) that the Pentagon somehow "lost" and can't seem to find or even account for.  To minimize it as just an "accounting error" is, albeit ironically, SO CLOSE to actually getting the point of Monetary Sovereignty.  Which is to say you could, you know, "just print the money", in your own words, Donald.  (And yes, he actually said that in reference to the National Debt in 2016.)  Trillion-dollar coins, anyone?

We never thought we would agree for once with the vile Ann Coulter, but apparently even a stopped clock is right twice a day:  "The only national emergency is that our president is an idiot".  Truer words have never been spoken.

When Will This Groundhog Day End?

Today is Groundhog Day.  And every day if the past two agonizing years under Trump have been a different sort of Groundhog Day, much like the movie in which the same day keeps repeating itself. 

Hopefully Mueller is truly in his endgame now, and the Trump regime will be over very soon.  And then America's long, dark night of the soul will finally end.

The Government Shutdown Is Over, But the Damage Is Done

Yesterday, after 35 agonizing days of the partial federal government shutdown that he himself created just to manufacture chaos, Trump finally caved to Pelosi and reopened the government for three weeks with no funding for his border wall.  He made it seem like he won, but it is obvious that he caved, bigly.  Believe me.  And now after alienated most Americans, his caving now alienated his rabid base as well, making him a man without a country now.  Oh, and on the same day, his buddy Roger Stone was indicted in the ongoing Mueller investigation as well.  Things really don't look so good for him now at all.  Sad!

The shutdown may be over, but the damage is done.  And not just to Trump either.  The damage to federal employees, contractors, SNAP beneficiaries, and the overall economy will take a lot longer to recover from, as well as (most ironically of all) the immigration courts whose judges had been furloughed for so long.   Trust in the governments has also sank to a new low as well.  So this is basically a Pyrrhic victory at best for America overall.

In three weeks, Trump may decide to shut down the government yet again if they won't give him his stupid wall, or more likely he will declare a national emergency to try to force the wall to be built and that will backfire bigly on him when challenged in court.  Regardless, he is now running on empty, and the tide has fully turned against him.  (Let's hope he doesn't try to play "chicken" with the debt ceiling next.)

So Donald, do us all a YUUUGE favor and RESIGN, yesterday.  Don't let the door hit you on the way out.  Same goes for Mitch "Awkward Turtle" McConnell and the entire GOP in general. You will NOT be missed.

In other words, as you like to say:  "YOU'RE FIRED!"

Desperate Donald Is Off The Rails

The Donald is even more chaotic than usual lately, as the government shutdown continues with no end in sight because he won't get his way with his stupid wall.  And he is even more off the rails than usual, since he knows his days are numbered with the Mueller investigation closing in on him as we speak.  Indictment and/or impeachment are looking increasingly likely every day that goes by, especially with the new Democratic majority in the House.  So now Trump is doing everything he can to cause as much chaos as possible to "wag the dog" and distract from his myriad scandals, especially Russiagate.

The jig is up, Donald.  Do us all a YUUUGE favor and RESIGN, yesterday.

What Will Cause The Next Big Crash of 2018-2019? (Updated)

There is a recent article by Matt Taibbi in both Rolling Stone and Common Dreams that predicts a looming economic disaster due to three colliding problems.  And those three problems are as follows:  1) FERAL Reserve monetary tightening, both in terms of raising interest rates as well as the more subtle but significant Quantitative Tightening (QT), 2) Trump's tax cuts depending on unrealistically high economic growth to "pay for themselves", and 3) Trump's tariffs and the resulting trade war.  And the collision of all three together will not end well, according to Taibbi, and he is probably right for the most part.

But even these are mere sideshows compared to the very biggest underlying root cause of the next looming crash, even if one or more of these problems are in fact the proverbial spark that sets off the financial powder keg.   So what is this underlying powder keg, exactly?  Well, it is the mother of all stock market bubbles, artificially inflated by corporations buying back their own stock to manipulate share prices.  And famous economist Ted Bauman predicts that when it finally bursts, any day now in fact, the market will quickly plummet by 70% or more, causing a crisis that makes 2008 and perhaps even 1929 look like a walk in the park by comparison.

Recently, it looks like the stock market crash of 2018-2019 has already begun in earnest, with Trump's off-the-rails Twitter tirades and his chaos-manufacture in Washington including his stupid government shutdown being the primary catalysts.  Also, the FERAL Reserve raised interest rates yet again.  And it looks like the market has quite a way to fall still, after the worst Christmas Eve ever in history and the worst December since 1931.  The proverbial boil has now effectively been lanced, but the pus is still oozing out at a rapid pace, with much more to follow.

So how did we get here in the first place?  The story begins in the 1920s, when corporate stock buybacks were all the rage, and in fact caused the 1929 Wall Street crash.  The Great Depression soon followed.  In 1934, this highly manipulative practice was rightly outlawed, and the ban remained in effect for nearly half a century until the Reagan administration lifted this ban in 1982 as part of Reagan's deregulation platform.  And since 2010, stock buybacks have accelerated dramatically, artificially inflating the stock market numbers and lulling hapless investors into a false sense of security.  And the recent Republican tax cuts have only accelerated this trend even further (since corporations now have even more money with which to buy back their stocks).  That's right--"trickle down" theory is a myth.

And what goes up, must come down, and the bigger they are, the harder they fall.

Don't say you weren't warned.

Dear Trump and Congressional Republicans: YOU'RE FIRED!

Well, it's official now. Trump's third government shutdown to date has begun.  All because he couldn't get Congress to give him $5 billion for his stupid border wall.   Yes, really.  And while at first he bragged about "owning" the shutdown, he then had the chutzpah to blame it on the Democrats.

Meanwhile, the Trump administration is chaotic, dysfunctional, and losing officials left and right, the stock market is crashing as we speak, and Trump himself is under federal investigation for numerous crimes and will most likely be impeached and/or indicted any day now.  We clearly don't have anything close to a functional government now.   The only silver lining?  This, along with the new Syria controversy, may be the catalyst, the very last straw, for the GOP to finally Dump Trump for good.

Once again, in case we didn't make it clear already:  YOU'RE FIRED!  Now go clean out your desk and GTFO.  Goodbye, and good riddance!  Don't let the door hit you on the way out, Donald!

Why We (Partly) Agree With Trump on Syria (and Afghanistan)

Trump just announced that he will be pulling all troops out of Syria, and reducing troops in Afghanistan as well.  Predictably, this has earned him strong condemnation from both corporate duopoly parties that are invested in the military-industrial complex.  The truth, however, is more nuanced than that, even if Trump doesn't really do nuance.

It is obvious now that Trump is clearly Putin’s puppet and is pulling out of Syria for the very basest of ulterior motives: to appease Putin and Erdogan, to “wag the dog” and distract from his mounting scandals, and of course to nurture his own fat relentless ego. And he is doing it as abruptly and chaotically as possible, without so much as a heads-up beforehand to our allies, especially the Kurds who he seems to have no qualms about selling down the river to Turkey. Very base and cowardly indeed.  

That said, sometimes even a stopped clock is right twice a day. As we have noted time and time again, we need to get the hell out of out of not just Syria, but also the decades-long quagmires of Iraq and Afghanistan, the latter of which is longer than Vietnam at this point. ISIL, though still in existence as a terrorist group (kinda like al-Qaeda and the Taliban, etc.) is nonetheless defeated territorially compared to 2014. Time for other countries/actors to step up to the plate and do whatever remains of the heavy lifting now.   Long past time for that, in fact.

And we also need to stop suborning Saudi Arabia’s unconscionable mass-murdering proxy war in Yemen as well (though Trump seems cool with that for now).

"Endless war" is NOT a sustainable strategy.  In fact, it is not even a strategy at all, but a concept, and an absurd one at that.  The only people who benefit from it are the oligarchs and the military-industrial complex, as the late Maj. Gen. Smedley Butler once famously noted in his 1935 book War Is A Racket.  (Of course, WWII was the exception that proves the rule.)

Whether a war is a “wham, bam, thank you ma’am” kind of war like Libya or a decade(s)-long quagmire like Vietnam, Iraq, or Afghanistan, the end result is essentially ultimately the same sort of disastrous failed state that becomes a magnet for extremists.  And once it becomes Quagmire Accomplished like it is currently, whether we leave now, a year from now, ten years from now, or 100 years from now, the result on the affected nation(s) we invade and subsequently leave is basically the same.  Quick withdrawal is thus the lesser evil on balance.

In fact, Tom Englehardt (Tom Dispatch) and Peter van Buren had the best idea of all--quick withdrawal, after getting ISIL where it really hurts by taking out their OIL.  Such targets--wellheads and oil trucks--are not at all hard to find, and are fairly easy to take out from the air.  And put diplomatic and economic pressure on Turkey and other so-called "allies" to stem the flow of Daesh oil as well.  Because oil is their primary source of funding, and removing that will cause them to quickly collapse of their own weight, and when they are seen as a failure then few would want to join them.  And once we take it out, then GTFO and let Daesh fall on their own sword.  (And apparently, we ended up doing a modest version of exactly that sort of oil campaign, with a fair amount of success, albeit late in the game and minus the withdrawal.)

The TSAP agrees with that idea, and we would also like to add to that.  We have said it before, and we will say it again.   Before withdrawing, we should give every *woman* over there an AK-47 and tell them to take over their country and mow down anyone who stands in their way. Let Allah sort it out. Problem solved. But of course, the mostly-male powers that be would not be too keen on that idea. After all, they wouldn't want women in THIS country getting any ideas, now would they?  (Of course, the TSAP believes that women should indeed take over the world in order to save it, so that wouldn't really be a bad idea, come to think of it.) Honestly, it is certainly a better idea than arming questionable male "rebels" who end up turning traitor.  Seriously, think about it.

Look, we dig why the generals don't want to pull out anytime soon, especially not abruptly, and it's not just about job security either (though that is likely part of it too). No one wants it on their conscience if things go horribly wrong afterwards, and such consequences can in any way be linked (however tangentially and speciously) to such a withdrawal.  But Trump clearly has no conscience, and it was his decision, so we now get to let any potential adverse consequences weigh on his nonexistent conscience.  Thus, the generals should really see this as a golden window of opportunity to finally extricate ourselves from the quagmire of the Middle East wars--and even in a worst case scenario, everyone's hands will be clean but Trump's either way.  So what are we waiting for?

Like the song says, if we go it will be trouble, if we stay it will be double.  And those who fail to learn from history are doomed to repeat it.

JANUARY 2019 UPDATE:  Looks like the other notorious loose cannon of foreign policy, neocon John Bolton, is trying to delay the Syria pullout by "months or years".  So much for that.   In the meantime, is always fun for genuine progressives like us to watch neocons, neoliberals, neoconfederates, and Trump supporters fighting against each other.

We Wish You A Mueller Christmas, And Impeachment Next Year

As we noted in our previous post, the walls are now closing in on the Donald as we speak. Impeachment and/or indictment are both more likely now than ever before.  There is the infamous Trump-Russia scandal, of course, along with too many other scandals to count, but did you ever think that the porn star hush money scandal (which turned out to be an illegal campaign finance violation, who knew?) would be the one that would most likely finally bring him down?  Even if that itself is somehow not enough, it seems to have been the wedge that finally got his former lawyer and fixer Michael Cohen to flip on him and sing like a canary--and he apparently has a LOT more dirty laundry on him that will soon be aired, most likely having to do with the Russiagate scandal.

And to make matters even worse for Trump, he doesn't just have Mueller to fear either.  He actually has even more to fear from Letitia James, the new Attorney General of New York State.  And he will not be able to pardon anyone for state-level crimes.

No wonder Trump is freaking out so much right now.  He knows his days are numbered.  One domino after another is falling as we speak, and it is only a matter of time before he himself is next.

Get your popcorn, this will get very interesting.  Donald, may you live in very interesting times indeed!

It's Mueller Time!

The Mueller investigation of the Trump Crime Family is now in its endgame, and it isn't looking good at all for the Donald or any of his cronies.  Michael Cohen and Paul Manafort, along with several others, are now officially convicted (or very soon to be convicted) felons at this point, and it looks like both the Teflon Don (and probably Don Jr.) will soon be next.

Ruh roh.  (Cue the Dragnet music, Maestro!)

There is no longer any reasonable doubt at this point about collusion between the Trump campaign and the Putin regime of Russia, all technicalities aside.  Now it's more like, "what did they know and when did they know it" for each of these individuals involved, and they have already been caught in several lies in that regard.  Both Cohen and Manafort, along with Flynn and others, are apparently singing like canaries and throwing Trump and Jr. under the bus to save their own skins.  It's only a matter of time now.

Let's see:  bribery, money laundering, racketeering/RICO, conspiracy to commit election fraud, and conspiracy to defraud the United States are all at least on the table now as charges related to the Trump-Russia collusion scandal.  And even if somehow none of these charges end up sticking for whatever reason, there is always perjury, obstruction of justice, and witness tampering as well, all of which are not only impeachable offenses, but also punishable by prison as well.  (All of which are easily proven, by the way, and in this case are so glaringly obvious now.)  And you can probably also throw tax fraud and tax evasion in there for at least some of the members of the Trump Crime Family as well.

The jig is basically up now, Donald.  And Pence will most likely be implicated as well, if he hasn't been already.  At the very least, they can likely get Pence for misprision of felony, if not conspiracy to obstruct justice (and aiding and abetting) in the firing of James Comey.  So Trump would be wise to resign right now so Pence can pardon him, but even that would only buy the administration a little more time before they are all "Out Like Flynn" if not behind bars for a very long time.  Hope you like orange, Donald, because for once your clothing and skin will actually match!

It's beginning to look a lot like TREASON, everywhere Trump goes....

The Beginning of the End for the Trump Regime

The 2018 midterm election results were a mixed bag overall, and while the Republicans kept control of the Senate and even gained a few seats, the Democrats got the biggest prize of all:  control of the House of Representatives, something they haven't had since 2010.  The House, as you may know, has the power to initiate impeachment against Trump, and launch all sorts of investigations of him.  And Mueller, who has been awfully quiet lately, will be dropping a major bombshell in his investigation of Trump within a matter of days.  You know, the Trump-Russia investigation?

No wonder Trump essentially forced Attorney General Jeff Sessions to resign today, and replaced him with a Trump loyalist, Matthew Whittaker.  He didn't waste any time, and also removed Rod Rosenstein from the investigation as well.  But this will likely backfire, as Nixon's infamous "Saturday Night Massacre" comes to mind.  Spoiler alert:  it didn't end well for him.

No matter how Trump tries to paint it as a victory for himself, the midtern election results overall favored the Democrats, who now have a majority in the House, while the Republicans are barely hanging onto the Senate with a slim majority that can still be filibustered and is no more than a handful of defectors away from failure.  And with a few exceptions, most state and local elections also tended to favor the Democrats this time as well, further making it harder for Trump to advance his vile and regressive agenda on the ground.

Trump's days are numbered.  Will the Democrats have the intestinal fortitude to do what needs to be done to thwart his agenda and eventually remove him or force him to resign in disgrace?  Or will they snatch defeat from the jaws of victory as they have time and again in the past?  We don't know, but given all of the newer Democrats in office, they are more likely to prevail now than any other time in recent history--at least the past eight years.

Vote Blue, Like Your Life Depends On It!

We cannot emphasize this enough.  This one is for all the marbles, folks.  If we win, we will see the very first glimmer of light at the end of the tunnel that is America's long dark night of the soul.  If we lose, well, it's safe to say that all bets are off at that point.

The TSAP is of course neither Republican nor Democrat, and is clearly not a big fan of either corporate duopoly party in fact.  But we saw what happened in 2016 when too many people made the perfect the enemy of the good:  they ultimately ended up with neither.  And now Trump and the GOP are hell-bent on destroying for fun and profit what is left of everything that's still good about America.  So much damage is already done, but if the anticipated Blue Tsunami washes away the Red Tide that is currently drowning this country, there will at least be some hope of reversing it.  If not, the damage will most likely be irreversible at that point.

Thus, either the GOP suffers irreversible damage and essentially does seppuku, or America does.  The choice is ours, and we only get ONE SHOT this time.  This is literally a once in a lifetime opportunity to take our country back.  Republicans most likely will cheat as usual, but remember that cheating only works in close elections, not in landslides.

So get out there and VOTE BLUE like your life depends on it.  Because in many ways, it really does.

Enough Is Enough Already! (Yet Again)

Another day, another horrible mass shooting.  This time, it was a truly deplorable and horrific anti-Semitic hate crime in which the genocidal mass murderer shot up a Pittsburgh syangogue because he, in his own words, "just want[ed] to kill Jews."  Yes, really.  This was in fact the deadliest attack on Jews in this country's history, but in context with the numerous other recent mass shootings it otherwise seems disturbingly banal.  Seems that mass shootings in general have become an almost daily occurrence in recent years, and school shootings in particular an almost weekly occurrence--in the USA at least.  But the rest of the industrialized world doesn't really seem to have this kind of problem, even in countries where anti-Semitism and hate groups in general are rife.  Why is that?  Well, there's always....

GUNS.

America is the land of 300 million guns, and combined with a culture that is crazier and more violent than most other "developed" countries, and much more extreme inequality, it is a very lethal combination indeed.  And some states, most notably Florida and Texas, but also Pennsylvania as well, have particularly lax gun laws compared to other states.  Of course, the biggest elephant in the room is the fact that at least 98% of mass shooters are MEN.  Thanks to the patriarchy and the sort of "toxic masculinity" that it creates, combined with the above factors, too many men end up resorting to violence.  Like the Iron Maiden song says, "a briefcase, a lunch, and a man on the edge".  With a gun. I mean, what could possibly go wrong, right?

There should be no doubt at this point that something needs to be done.  However, we do not believe that banning all guns for everyone, or adopting British or European-style gun laws, is the solution, as the genie is already out of the bottle, and there is also that whole Constitution thingy as well.  Thus, the TSAP recommends that the following measures be taken:

1. Bring back a new and improved 1994 assault-weapons ban yesterday, this time with more teeth.  This time, include all rapid-fire devices and all magazines with more than ten rounds in the ban as well as the previously-banned types of semi-automatic rifles and their knockoffs.
2. Remove the 20-year ban on gun violence research, yesterday. 
3. End the gun-show loophole and implement universal background checks, yesterday.
4. Put a significant excise tax on all bullets/ammo, like Chris Rock recommended. (Seriously)
5. Treat ammo sales the same as gun sales.  Or better yet, treat bullets like Sudafed:  must show ID, limit on the number that one can buy, the number bought would be recorded, and if you do buy too many, you will be investigated.
6. Pass a "one gun a month" law at the federal level.  And consider perhaps putting a limit on the number of guns that an individual can own at a given time, except for antiques/relics/curios.
7. Require reporting of lost or stolen guns.
8. Regulate firearms like other consumer products in terms of health and safety standards--currently such standards are nonexistent.
9. Improve enforcement of existing gun laws, which tend not to be enforced very well these days, and improve state reporting of prohibited persons to NICS.  Also, prohibit anyone on the terrorism watch list from buying any guns, period--and consider hate groups to be domestic terrorists as well.
10. Consider a massive gun buyback program, one that pays significantly more than what the guns are worth on the street.  Voluntary for any still-legal weapons, mandatory for any newly-banned ones. 
11. And last but not least, improve our woefully-inadequate mental healthcare system.

Of course, to truly solve our gun violence problem would require a fundamental overhaul and transformation of our society, which the TSAP clearly supports.  We need to go from being what Riane Eisler calls a "dominator" society to more of a "partnership" society, as the latter kind is far less violent overall.   But in the meantime, the aforementioned recommendations would go a long way towards taking the dangerous edge off of the problem. 

The motive in this case was very clear:  he hated Jews and wanted to kill them.  And like other cases of domestic terrorism, it was most likely due to a combination of toxic masculinity, easy access to deadly weapons (especially the obligatory semi-automatic AR-15 or its knockoffs), and a virulent anti-Semitism fueled by the so-called "alt-right" (read:  white supremacists, KKK, and neo-Nazis) as well as the Trump administration that nods, winks, and looks the other way (when they aren't stoking the fire themselves).  Regardless of the motive, the first two factors are absolutely essential for virtually all mass shootings, whether in places of worship or otherwise.

And on the heels of another incident of Trump-inspired right-wing domestic terrorism, the pipe bombs sent by an angry and disgruntled Trump supporter to various prominent Democrats, this becomes even more disturbingly NOT an isolated incident or fluke, but the tip of a very large iceberg of virulent hate and violence.

I don't know about you, but my favorite part of the Second Amendment is where it says "well-regulated".  Too bad so many Republican Congresscritters who are bought and paid for by the NRA can't seem to read the first half of the freaking sentence.  Oh, and nevermind that when it was written, guns at that time fired at most one round per minute, not 600+ per minute like so many of today's killing machines.  Not like the gun lobby and their lackeys really do nuance.

RIP John McCain, A True American Hero

After learning of the recent passing of Senator John McCain on August 25, 2018, we would like to give a brief eulogy for this great man.  We at the TSAP have clearly had our differences with him politically on most issues, but we could never deny him the respect that he deserves.  To call him a hero would be the understatement of the century, both for his undeniably great courage as a war hero in Vietnam as well as his constantly fighting the good fight against the current corrupt cesspool of an authoritarian regime during America's dark night of the soul, up until the very moment that he lost his final battle with brain cancer.  Few could honestly say that they have done even a fraction what he has done in his 81 marvelous years on this Earth.

And shame on anyone who tarnishes his name by spreading vicious lies and slander about him as some people (and bots) have apparently been doing lately, regardless of where they happen to fall on the political spectrum.  Seriously, knock it off.  NOW.

Whether you love him, hate him, or are altogether indifferent about him, one thing is absolutely for certain.  If there is a heaven, John McCain is one of the very few Republicans (or anyone in Congress these days for that matter) getting in.  May he rest in peace.

The Jig Is Up, Donald!

Wow, today must be the Donald's very worst day ever, or least in a great while.  First, his former campaign chair Paul Manafort (of Russiagate infamy) was found guilty of eight out of 18 counts related to tax fraud and bank fraud (the rest were a hung jury), and is thus now a convicted felon.  Secondly, his former lawyer and personal "fixer", Michael Cohen, has just pled guilty to eight counts of his own as well, most significantly including two related to campaign finance violations. You know, that whole bit about illegally paying hush money to two porn stars to keep quiet about Trump's affairs with them, so as to influence the 2016 election in Trump's favor, turned out not to be a hoax after all--and it directly implicates Trump himself since the payments were about him.

So not only have both of these former associates of his now effectively joined the growing club of convicted felons in his orbit, but now they are in a crucial position to "flip" on Trump.  And there is a very good chance that they will both sing like a canary, if they haven't done so already.   It's only a matter of time.  Check checkity check check, checkmate!

The jig is up, Donald.  The mounting evidence of your numerous high crimes and misdemeanors can no longer be denied.  So do us all a YUUUUGE favor and RESIGN, yesterday.  Clean out your desk now, and don't let the door hit you on the way out.

Or, as you like to say, "YOU'RE FIRED!"

Protectionism Without Tariffs and Trade Wars? Easy-Peasy

Looks like Trump's asinine trade war (not just with China, but also our own allies as well) has now begun in earnest.  And that does not bode well at all for our economy OR theirs, since no one really wins a trade war.  Smoot and Hawley must both be spinning in their graves right now, as any history buff will note.

You may remember that one of our previous posts outlines the TSAP's rather nuanced position on tariffs and trade, but we should also elaborate more on how it is possible to have an intelligent and rational kind of protectionism that does NOT depend on tariffs, quotas, or any other beggar-thy-neighbor policies.  For example, since our federal government is Monetarily Sovereign, they can easily afford to do the following to actually protect important domestic industries, as the ever-insightful Rodger Malcolm Mitchell notes:

• Federal government purchases from domestic suppliers, even at higher than import prices.
• Federal tax breaks for selected industries
• Direct federal cash infusions (i.e. direct subsidies) to the selected companies.

And that is true because, as he also notes, a Monetarily Sovereign government like ours literally has the unlimited ability to create and spend its own sovereign currency.  All federal government spending, without exception, involves the ad hoc creation of brand new dollars every time, arcane and archaic rules notwithstanding.  No need to bring the proverbial coals (i.e. tax/tariff dollars) to Newcastle only to effectively destroy them.  And unlike tariffs and quotas, these measures result in a positive-sum game rather than a zero or negative-sum game. 

Of course, all of these things are proverbial carrots, so what about the sticks, you ask?  Even then, most tariffs (and quotas) are far too blunt an instrument, are prone to backfiring, and should be narrowly tailored and used only as a last resort (i.e. to enforce specific trade and other agreements that are being blatantly flouted, and/or for strictly Pigouvian reasons), if even at all.  If outsourcing/offshoring of American jobs is the real concern, it would be far better to start by closing the ludicrous loopholes in the corporate tax code that encourage outsourcing/offshoring of such jobs in the first place.  The latter tactic is the basis for Bernie Sanders' Outsourcing Prevention Act, which would also end or claw back subsidies for American corporations that send jobs overseas.  And his other big idea, the Rebuild America Act, would create additional jobs rebuilding America's obsolete, neglected, and/or crumbling infrastructure as well.  

Note that Trump had clearly stolen, bastardized, and ran with several of Bernie's ideas while combining it all with empty rhetoric and beggar-thy-neighbor policies.  That is, when Trump's ideas are anything even close to coherent, as opposed to the usual incoherent verbal defecation that he is famous for.

But make no mistake.  Our nation's once-great manufacturing base has been hollowed out for decades, and much of it is currently rotting and rusting thanks to the neoliberal "free trade" scam brought to us by Reagan (and Thatcher in the UK) and embraced by both corporate parties ever since.  We ignore it at our own peril.  And the genuine political left would truly do well to abandon this highly toxic and corrosive ideology yesterday.

We Condemn Trump's Deplorable Immigration Policy

We at the True Spirit of America Party hereby wholeheartedly condemn the Trump administration's ruthless, cowardly, and deplorable immigration policy.   It started out bad enough with senseless raids against non-criminal and non-violent undocumented immigrants.  But in recent weeks, things took an even darker turn.  The administration's is literally separating undocumented children (including infants and toddlers!) from their parents (which easily qualifies as torture) as a cowardly and cynical ploy to gain "leverage" over both the immigrants themselves as well as the administration's political opponents.  And even caging them in prison-like conditions on top of that while they await their questionable fate.  Seriously, how absolutely low can one get?

And for those who say that it's "not so bad" or "it could be a lot worse", we say, compared to what, exactly?  Nazi Germany?  Soviet Russia?  Because that is, quite frankly, a pitifully low bar to clear.  And it is worth noting that, not even during the internment of Japanese Americans during WWII (as deplorable as it was) were children separated from their parents.

Future generations will ask everyone who was around when this happened, "what did you know, when did you know it, and what did you do about it?" And you should hope that you can honestly say that you actually had the intestinal fortitude to do the right thing and wholeheartedly opposed such evil and despicable acts that blatantly contravene international law and all that is decent in this world.

UPDATE:  On June 20, Trump finally bowed to increasing public outrage and pressure and signed an executive order halting the deplorable practice of ICE agents separating families at the border.  But the damage is basically done already, and the rest of Trump's current immigration policy still leaves a lot to be desired overall.  And as of August, most of the separated children have still not yet been reunited with their parents even two months later.

The Trump "Gaffe" That Wasn't

Back in 2016, then presidential candidate Donald Trump said a lot of outrageous and controversial things and too many gaffes to count.  But one in particular stands out in light of recent posts and current events, namely, the one in which he implied he would default on the national debt if he couldn't negotiate a better deal.  Now that is clearly not something for a politician or candidate to even joke about, let alone actually do.  But it was what he said after he was criticized for it and he backpedaled on it which was actually much more noteworthy:

This is the United States government. First of all, you never have to default because you print the money. I hate to tell you. So there’s never a default.

And that second "gaffe", ladies and gentlemen, was actually NOT a gaffe at all.  Why?  Because it is actually TRUE, believe it or not.  Even a stopped clock is right twice a day, after all.

Wait, what?  You read that correctly.  Modern Monetary Theory (MMT) has actually been arguing this for years now, as has Rodger Malcolm Mitchell and his own theory of Monetary Sovereignty (MS).  That is, a Monetarily Sovereign government like our own federal government and many others (but unlike the euro nations or any US state or local government) has the inherent and unlimited power to create money by fiat.  The only limits such a government has are those it chooses to impose on itself, such as the remaining arcane and archaic rules left over from when we actually had a gold standard before we got off of it in 1971.  The world changed in that year, but our "leaders" have apparently not gotten the memo.

You might want to sit down before you read any further.  Taxes do NOT actually pay for federal spending, rather, the government simply creates the money they spend ad hoc with a few clicks of a computer as they go along.  Nor is there any physical need for them to borrow money, but they do so anyway by issuing Treasury securities (i.e. T-bills, T-notes, and T-bonds) whenever they create new money that is unmatched by taxes in order to match it with borrowing--all because of those arcane and archaic rules that they could remove with a stroke of a pen if they chose to.  That is, IF they actually chose to.

So where do our tax dollars actually go then?  Well, one could argue that those dollars are effectively taken out of the economy and needlessly destroyed.  And yes, some of those dollars are ultimately destroyed in practice if not in theory.  But it is worse than that, for at least at some point before destruction, they first have to make a pit stop at the privately-owned FERAL Reserve, where they do little more than further enrich the bankster oligarchs.  Again, all because of those arcane and archaic rules.

And that big, scary number that we see on the National Debt Clock?  Well, nowadays the national debt is literally just an accounting gimmick.  What it really consists of are deposits in federal Treasury security accounts, not debt in the way that private debt is.  Effectively, it is really a national savings account, and deficit spending is simply when the government puts more money into the economy (via spending) than it takes out (via taxes and fees).  Thus, a deficit for the federal budget is actually a surplus for the rest of the economy, and vice-versa.

Of course, Rodger Mitchell has an even better, more fundamental idea that makes it so the government would never need to borrow a single penny ever again, and it doesn't require raising taxes OR cutting spending.  Not only that, but it would guarantee that Social Security and Medicare, and any other program, would remain fully funded indefinitely as well without the use of FICA taxes (or any other tax for that matter).  The solution, in his exact words:

The best way is to eliminate the federal budget deficit and debt: Ending government borrowing. The government has the unlimited ability to create and spend money without borrowing. The process will be: 

1) Congress will create an account called "Money." 

2) Congress will determine how much money this account contains. The process will be similar to the way Congress now determines the debt ceiling. 

3) Federal agencies will write checks against this account according to budgets decided by Congress. If any federal agency needed additional funds, Congress would decide whether or not to allow this spending, in the same way that Congress votes for additional spending by the military et al. 

This would eliminate concerns about "our grandchildren paying for the federal debt." There would be no federal debt.

And as long as such money were created without any interest or related fees (as per Ellen Brown) such a solution would actually work.  Modern Monetary Theory indeed supports such an idea.  But before we can do that, of course, we must first have an independent Treasury and/or a public national bank in place of the privately-owned FERAL Reserve.  (And since he mentioned the debt ceiling, that is another thing we should really get rid of as well in the meantime, since it does far more harm than good.)

Before that, there actually is a painless (albeit unconventional) method of paying off the existing debt in one fell swoop.  Not just this year's deficit, but ALL of the cumulative $21 trillion of the debt. It's called the Noble Solution (named after its creator, Richard E. Noble) and does not involve any significant tax hikes or spending cuts. So what is it? It's something we never would have advocated just a few years ago:  printing (electronically creating) money out of thin air to pay it off all at once.  After all, FERAL Reserve has been creating money out of thin air for decades now (including that recent whopping $16 trillion secret bailout of the banks, which eventually rose to nearly $30 trillion) so we might as well put this practice to productive use.  Money is really nothing more than an accounting entry nowadays, so let's make the entry and be done with it for good.

But wouldn't that lead to hyperinflation? Not if it is properly done with due diligence.  Noble points out that while creating such money is undoubtedly inflationary, using it to pay off the debt (which is in Treasury bonds and is thus already part of the money supply) would be deflationary in that it would shrink the money supply by an equal amount. Thus, the two effects would cancel each other out, as paper (electronic data) would be exchanged for paper (data). Of course, we would have to bypass the FERAL Reserve to avoid creating more debt in the process, such as #MintTheCoin. Or better yet, abolish or nationalize the FERAL Reserve entirely and return the power of money creation to its rightful owners, our elected representatives in Congress and the Department of the Treasury.  America would then be free and clear for the first time in history since Thomas Jefferson.  And it would cost us NOTHING.

Alternatively, Joseph M. Firestone points out that the very same effect can also be had more gradually, with Congress passing an Act (such as the very next budget or appropriations bill) that removes those arcane and archaic rules entirely, and mandates/guarantees than any new deficits as well as any outstanding Treasury securities (i.e. national debt) be funded / paid for automatically with the very same ad hoc money creation that they already do in practice, but no longer needing to match it with new borrowing or tax revenues.  Thus, the federal government would no longer need to borrow even one penny (i.e. issue any new Treasury securities) unless they truly wanted to for reasons unrelated to the federal budget.  And according to Rodger Mitchell, such bonds do, in fact, have other useful, unrelated functions (i.e. providing a safe haven for investors to park their money, and an effective platform for the government to control both short and long-term interest rates, and thus the demand for dollars).  But the point is they would no longer HAVE to do so just to meet their current and future fiscal obligations, so the national debt would stop increasing and gradually decrease as any existing  Treasury securities mature and/or are redeemed. And thus the 100% contrived political issue (and cudgel) that is the national debt / deficit would quickly become a dead issue, and we can finally focus on other, real priorities for a change.

So what are we waiting for?

Our Position on Tariffs and Trade

With Donald Trump essentially starting a trade war with his latest import tariffs (25% on steel, 10% on aluminum), the TSAP must clarify our often ambiguous position on tariffs and trade.  Unlike both corporate political parties, we have always rejected the so-called "free trade" scam as the neoliberals typically define it (we aren't called the True Spirit of America Party for nothing, you know), but have nonetheless gone back and forth over the years on the question of just how protectionist we ought to be.

We believe that protectionism is indeed a razor-sharp, double-edged sword, and can backfire if done excessively or improperly, but if done wisely and properly (unlike Trump's bass-ackwards version) it can work well.  No one really wins a trade war, so trade policy must be based on more than beggar-thy-neighbor policies.  Thom Hartmann wrote an excellent article on how properly implemented tariffs can, in conjuction with subsidies and other important measures, contribute to the goal of protecting vital American industries and the jobs that go with them.

While we are not against tariffs, protective or otherwise, any tariffs should be carefully targeted to those essential goods and countries for which we have a significant trade deficit today.  Unlike Trump's rash and hamhanded version of protectionism that is prone to backfiring, tariffs should not be applied to raw materials that American industry uses to make finished goods, nor should they apply indiscriminately to unnecessarily include our allies as well.  They should apply primarily to situations where workers in other countries are grossly underpaid to make the good in question and/or environmental standards are more lax than ours.  And they should never be done in isolation, but rather other measures should be done along with it, such as subsidies for crucial domestic industries, "Buy American" clauses in government stimulus packages, and even more importantly, closing the ludicrous loopholes in the corporate tax code that encourage outsourcing and offshoring of American jobs.  The latter tactic is the basis for Bernie Sanders' Outsourcing Prevention Act, which would also end or claw back subsidies for American corporations that send jobs overseas.  Note that Bernie was not against tariffs, and even advocated for some level of protective tariffs in 2016 before Trump cribbed his idea, bastardized it, and successfully stole his thunder as a result.

Alternatively, or in addition to the above, the TSAP also supports the Buffett Plan.  In 2003, the legendary Warren Buffett came up with a simple and very clever idea to close America's yawning trade gap by issuing tradeable Import Certificates (IC) to American exporters equal to the dollar value of exports.  And anyone holding these tradeable certificates would be allowed to import the same dollar amount of these certificates, thus being a similar idea to cap-and-trade.  The inevitable result would be trade balance, as every dollar worth of imports would have to be offset by a dollar worth of exports.  While the downside is that prices will inevitably go up somewhat as a result, the upside is that jobs will return to America and workers' wages would also go up as well, so the net effect would be beneficial overall.  And if tariffs still exist and/or ICs are auctioned by the government, the revenue could be directly refunded to the people to further help offset the price hikes for any affected goods and services.

But make no mistake.  Our nation's once-great manufacturing base has been hollowed out for decades, and much of it is currently rotting and rusting thanks to the neoliberal "free trade" scam brought to us by Reagan (and Thatcher in the UK) and embraced by both corporate parties ever since.  We ignore it at our own peril.  And the left would do well to abandon this highly corrosive ideology yesterday.

Dear Congress (and Trump): YOU'RE FIRED! (Again)

Though this time it was brief and over within a matter of hours, there was nonetheless yet another government shutdown last night.  Just three weeks after the first one.  All because Congress couldn't get their act together and pass even a very brief stopgap funding bill in time, though they did ultimately come to a longer-term two-year budget deal once the perennial gadfly Rand Paul finally got out of the way.

Like the shutdown in 2013, as well as the one three weeks ago, the blame lies primarily with Republicans.  This time around, like last time, it was initially their refusal to negotiate with Democrats about several pressing issues, most notably DACA, in the past several weeks that led to the current impasse, though they did finally come to a deal that Rand Paul held up for hours.  Specifically, he vehemently disagreed with the increase in government spending, a point that was really not too far off the mark.   Granted with a Republican president this time, the roles of offense and defense have been reversed, but Trump has clearly sent mixed signals and has essentially been engaging in chaos manufacture all this time, though he did favor this deal and sign it into law.  Regardless, this Congress and the Trump regime both put the "funk" back in "dysfunctional"!

The new two-year deal, however, is also quite problematic in that it massively increases government spending, especially on "defense" (read: our already over-bloated and over-extended military), on the heels of that massive tax cut mostly for the rich and corpoations, at a time when the national debt already exceeds $20 TRILLION, which is just over 100% of GDP.  The deficit alone will thus most likely exceed a trillion next year, if not sooner.  There are some good things in the deal (such as disaster relief and healthcare), to be sure, but now is absolutely NOT the time to spend like a bunch of sailors and make the national debt skyrocket even further into the stratosphere.  With an unemployment rate around 4%, which is basically "full employment" by today's standards, now is the time to start running budget surpluses, NOT yawning deficits.   It's called "countercyclical finance", folks. John Maynard Keynes must be spinning in his grave right now!

That said, the TSAP hereby gives virtually all 535 members of this most dysfunctional Congress in history, especially (but not limited to) Republicans, a vote of "no confidence", and we will take their government shutdown to imply the resignation of such members.   We also do the same for Trump as well, obviously.  We thus encourage every reader of this blog to sign the following petitions:

Dear Congress:  We Accept Your Resignation
No Pay for Congress During Shutdown
No Budget, No Pay
Minimum Wage for Congress
Impeach Donald Trump Now

Let them know that We the People have had ENOUGH of the gridlock, grandstanding, backstabbing, corruption, venality, follies, lies, recklessness, childishness, and otherwise outrageous behavior of Congress, along with the mendacity, recklessness, instability, incompetence, hate, chaos manufacture, grift, graft, and scandals of the orange menace in the White House. If we weren't clear, we'll say it again:

YOU'RE FIRED!!!

So what's the opposite of "progress" again?  You guessed it.