Showing posts with label William Greider. Show all posts
Showing posts with label William Greider. Show all posts

Monday, October 9, 2017

The Pentagon Merits NO Further Budget Increases Until It Accounts For What's Already Spent!

















Okay, let's try to get some perspective here on military- "defense" spending, especially after we've learned the Jacobins in congress (including Dems) had just approved more than $640 b for the new Pentagon budget for FY 2018.  This was actually $30 b more than the Pentagon asked for, and included (as Bill Maher reported Friday night) 34 additional F-35 aircraft the Pentagon didn't want.

What's wrong with this picture? Pretty well everything! First,  this over the top defense waste is sucking up more and more federal discretionary spending. (See graphic).  Then added to this, we know the U.S. spends more than the next 11 nations combined, e.g.

http://www.businessinsider.com/us-military-spending-dwarfs-rest-of-world-2016-5


But a vastly more disgusting aspect is that the Pentagon cannot account for the money it's already spent!  Former defense analyst Chuck Spinney pointed this out first in a 2000 interview on Bill Moyers'  NOW PBS program, noting $1.2 trillion unaccounted for. This was in light of 1996 legislation passed by congress requiring all government agencies to undergo annual audits.

But as Spinney pointed out (interview may still be available online) the Pentagon has not complied at all, and up to the time of his PBS appearance had not squared the books on its military spending. That is, where did all the money go, by category and amount?

To make matters worse, a July 2016 report by the Department of Defense's Inspector General found that the Army alone has accumulated $6.5 trillion in expenditures that can't be accounted for over the past two decades.   As David Lindorff reported for This Can't Be Happening! the DoD "has not been tracking or recording or auditing all of the taxpayer money allocated by Congress — what it was spent on, how well it was spent, or where the money actually ended up." Note the Army wasn't alone, as Lindorff added: . "Things aren't any better at the Navy, Air Force and Marines,"

Well, really no surprise as Chuck Spinney reported this across the service branches as early as 2000. It's only now that the unaccounted for money has hit multiple trillions people are starting to pay att4ention.

Btw, we already have an idea what's going on. For those not living on Mars or under a rock we've known for over 20 years that defense spending actually amounts to a high end jobs welfare program for specific congressional districts - mainly GOP. While congress critters are quite happy to grab money from defense contractors to enable more jobs for their districts, they absolutely refuse to sit on corporations to force them to lay out more $$$ for new jobs - as opposed to spending the cash on stock buybacks.

But let's be clear both Ds and Rs are playing this noisome game, selectively going after social spending but avoiding making the DoD accountable As Lindorff notes politicians of both major political parties are "always demanding accountability for every penny spent on welfare. ... Ditto for people receiving unemployment compensation,"

Funny then - or maybe not - how they chase "pennies" but ignore the big bucks falling into limbo at the Pentagon.  But....that is how much the Pentagon has them by the cojones.

As Lindorff has also noted:  Politicians have engaged in pervasive efforts "to make teachers accountable for student 'performance,'"Yet, he observed, "the military doesn't have to account for any of its trillions of dollars of spending ... even though Congress fully a generation ago passed a law requiring such accountability."

Well, what do we have here? None other than "hollow laws" to use the words of author William Greider, in 'Who Will Tell The People - The Betrayal Of American Democracy, e.g.
Image result for 'Who Will Tell The People
A book, by the way, I heartily recommend to all serious readers of this blog.  As Greider points out hollow laws are confected by congress critters to provide political cover - in case their constituents might not be too happy about some aspect of the nation - but they are never intended to be enforced. They are then, window dressing.

Enter now the latest perfidy, given  Thomas Hedges reported for The Guardian  in March 2017 - after Trump proposed a $52 billion increase in military spending -  "the Pentagon has exempted itself without consequence for 20 years now, telling the Government Accountability Office that collecting and organizing the required information for a full audit is too costly and time-consuming."  

Exempted itself!?  Are you kidding me?  As Chuck Spinney pointed out on Bill Moyers program, then an agency declines fiscal accountability we are no longer a democracy because the agency or department is no longer accountable to the citizens - the taxpayers. It is then a law unto itself, and we are short steps from fascism.

Let us note that the most recent DoD audit deadline was September 2017, yet neither the Pentagon, Congress nor the media seem to have paid any attention. Why should they given they plausibly have already ackno9eldged we are living in a state -nation that no longer has any use for its citizens. Other than voting, and often in a blind and dumb manner.





Saturday, October 29, 2016

Americans Lost Faith In Democratic Institutions Traced To The Kennedy Assassination


One of thousands of 'Wanted for Treason' posters retrieved from Dallas streets on the day of John F. Kennedy's assassination. Our civic decline and mistrust in government commenced almost from the instant of Kennedy's killing.

More and more articles, op-eds have been shedding light on the retreat of American voters from embracing democracy and democratic institutions and many even distrusting the voting process entirely. For reference, a Pew Research Center Poll barely a month ago showed the "trust in government" at 19 percent, compared to 89 percent in 1959.  Meanwhile, Gallup's research  has: Americans’ Trust in Mass Media Sinks to New Low.

One article kept from The International New York Times, from when we traveled eastern Europe last September, stated that not only have citizens liked democracy less than they once did but also "the democratic game itself"  has been eroded. The level of discourse citizen to citizen has coarsened as well as the discourse within and between branches of the government itself.  We now see, for example, procedures like the filibuster - once reserved for extraordinary circumstances -  employed with regularity.

Most astounding to me was the observation (ibid.)

"When asked by the World Values Survey to rate how democratically their country is being governed on a 10 point scale, a third of Americans responded at the low end - 'not at all democratic"

Even more astounding and veering into the appalling - a recent public opinion poll showed that 43 percent of Republicans, 20 percent of Democrats and 29 percent of independents would support a military coup against the United States government under certain circumstances.

What has happened between 1959 and the present to degrade civility and political civic space to this extent? Writing as one who has lived those years and observed carefully the nation's political arc, I can put the down slide almost from the time of the Kennedy assassination, on Nov. 22, 1963. 

Most savvy and politically aware people, paying any attention at all, knew from the instant LBJ was sworn in (later on the 22nd) that he had had a hand in at least accepting a plan for the kill.  When he set up the phony Warren Commission,, everyone with  politically savvy eyes and ears could smell a rat, a ruse to cover up the bastard's tracks. With the  cover up's assistance of Operation Mockingbird, the metastasizing cancer of government distrust had begun its long and sordid track. As Steve Kornacki reported in his ‘UP’ journal on MSNBC, the morning of Nov. 23, 2013, the "fix" was in even before JFK arrived in Big D. Using tapes and media documents, Kornacki showed that Johnson was about to be exposed as an influence peddler in conjunction with the Bobby Baker scandal by LIFE magazine in its upcoming issue. Johnson knew this months in advance and also he had no choice other than to place his future fortunes with the several interests that wanted Kennedy dead, especially the CIA.

A paper trail of bank statements and payments was to have been included in the LIFE expose, and as Kornacki pointed out a Senate investigation would have ensured LBJ being dumped from Kennedy’s 1964 ticket.  In other words, LBJ had by far the most to gain from JFK’s assassination, since he’d then be next in line as President, and not have to face justice in the Baker scandal. What most don't say is that many of us were already aware of Johnson's nefarious background at the time and we didn't trust him.   Philip Nelson, whose book ‘LBJ – The Mastermind of the JFK Assassination’ – was even cited by former British intelligent agent and author John Hughes-Wilson,  observed (Chapter 6: The Conspirators, p. 317):

“The crime could only have been accomplished with at least the acquiescence and foreknowledge of the only man capable of choreographing the massive cover-up which was immediately launched. It is axiomatic that since the cover-up started before the shots were fired, the order for JFK’s assassination could only have come from his successor, Lyndon B. Johnson.”


By 1984, LBJ's propensity to remove obstacles by murder was finally uncovered in a Dallas Morning News headline article, e.g.

Image may contain: 3 people
Billie Sol Estes reported that Johnson had Henry Harvey Marshall, a USDA official in charge of the federal cotton allotment detail,  killed because he had attempted to link Estes’ nefarious dealings to the then Vice-President.  While Estes ended up doing prison time, he did have his say before a grand jury (which subpoenaed him)  In the follow-up grand jury investigation, Johnson, his one-time aide Cliff Carter, and ‘Mac’ Wallace were all deemed “co-conspirators in the murder” of Marshall.

But Johnson was only one sordid piece - or cog-   in the whole undermining tapestry that has ultimately led to the massive citizen distrust in government and the democratic process we behold today. It is part of the cancer I refer to as erosion of the nation's civility and civic space.  The fact is that enormous external forces were already afoot and wary of Kennedy's policies and genuinely liberal stances on multifold issues.  Stances which, if continued, would very well threaten those interests.

For example, we now understand today that much of the rancor and sense of rebellion has been initiated with global trade pacts like NAFTA.   We now also know that the hype used by the elites to pump up support has been more a matter of manipulation of citizen consent, e.g.

http://smirkingchimp.com/thread/dave-johnson/69588/tpp-partner-jails-human-rights-blogger

But this incentive to spread a misshapen plan for global trade didn't just commence in the past 25 years. Nor did the aspiration for a genuinely fair trade system originate recently. In fact,
the original importance of preserving a global trade network without sacrifice to private monopoly or multi-national power was first recognized by  John F. Kennedy in late 1962 and 1963. He made enormous efforts to stave off incipient private control of the globalization process. As Donald Gibson observes in his must-read monograph(‘Battling Wall Street – The Kennedy Presidency’, Sheridan Square Press, 1994, p. 113):

"John Kennedy declared the 1960s the decade of development. The Alliance for Progress, development aid, low interest loans, nation-to-nation cooperation, and some measure of government planning were some of the ingredients of that policy. Within a few years of Kennedy's death most of this had been abandoned. By the early 1970s, this type of effort and the optimism associated with it had vanished altogether."

The effect was that the task of implementing and governing economic adjustment was assumed by private markets. Power which has grown exponentially since the extirpation of the Bretton Woods agreement in 1973. The causal undercurrents and ideology of corporate-state global domination have been well articulated by Gibson, even from before its emergence within ten years of the Kennedy assassination (which many astute observers tie in with financial elite interests) (op. cit. P. 75):

"Kennedy's ideas.. .his view of foreign aid and foreign policy, and his recommendations and actions in a variety of specific areas disrupted or threatened to disrupt an established order. In that established order, in place for most of the century, major government decisions were to serve or at least not disrupt the privately organized hierarchy."


Gibson goes on to point out that the vested interests within this hierarchy were similar to, "if not direct imitations of those of that older British elite rooted in inherited wealth and titles, and organized in the modern world around control of finance and raw materials." (ibid.)

It seems very plausible then, that the slaying of John F. Kennedy set the stage for a global Corporatocracy in which these same elite imperatives would be allowed to subordinate and dominate the interests and welfare of the masses. Imaginary? Take a gander at columnist Jay Bookman's view from his article "New World Disorder - Evident Here and Abroad", in The Baltimore Sun, 1998):

"The global economy has been constructed on the premise that government guarantees of security and protection must be avoided at all costs, because they discourage personal initiative. In times of crisis, however, that premise cannot be sustained politically. In times of trouble it is human nature to seek security and protection and to be drawn toward those who promise to provide it. That is how men such as Adolf Hitler, and Vladimir Ilyich Lenin came to power, with disastrous consequences. "



Let's be reminded here that Hitler's ascension, in particular, was spurred on by increasing dissatisfaction of Germans with the democratic processes of the Weimar Republic. A lot of insights have been gleaned by talks with my German sister-in-law, Krimhilde, e.g.

When I saw her earlier this year in Barbados we again talked about conditions before Hitler came to power.  Mostly, people were fed up. Fed up with the scarcity of key food items and also with the inflation.

"When a loaf of bread cost more than a week's wages it is serious" she said.

Hitler was viewed with suspicion, as Trump is now, but offered a plan, a way out, "Lebensraum"  - and Germans jumped at the chance to improve their lot. But it would mean trashing the Versailles Treaty which had been a millstone around Germans' necks.

With Hitler's invasion of the Sudetenland, in 1938, the incineration of Versailles was finalized and Hitler and the Third Reich were well on the way to their ideal of expanded living space and resources.

After this diversion let's return to the global trade issue, and again, Kennedy's will to insist it be equitable. Gibson notes that the elite banking and financial interests at the time  (ibid.) "would have little tolerance for a president who interfered with their decisions or made their interests secondary to the needs of nations or of people in general."

One could say that by the time of JFK's assassination, the global tableaux had been set for eventual market domination of the world. With no other fearless national leaders to stand in the way (the last ones assassinated) the goal of worldwide subjugation of national interests to speculative capital, trans-national corporate control and personal debt could proceed apace. One merely had to await the right constellation of pro-market interests,  military consolidation and interjection, e.g.
and this was incepted in the Reagan years - reaching its culmination in the early 1990s via bi-partisan support of "Neoliberalism". 

The global trade plan was long range to be sure, but the elites had always been patient. Now they would exercise that patience and sense of noblesse oblige. Again, the payoff being a world of serfs delivered to them by their own governments. These governments themselves hamstrung by the unequal power of differing accords (i.e. GATT, NAFTA) over which they had little option other than to 'sign on'. Accords which could disembowel labor, its pensions and benefits, and lay waste to all social safety nets to protect the more vulnerable citizens. At the same time reckoning hard-won environmental laws as 'trade impediments' to be challenged in a world trade court (WTO).
Perhaps no more eloquent condemnation of this travesty arrived than from an op-ed by Ian McDonald, appearing in The Barbados NATION (Aug. 14, 1998):

Do we really believe for one moment that those who preach free trade and the inevitable triumph of market forces have anything other than their own increased wealth and aggrandizement in mind? Do we honestly believe they think the system they espouse is fundamentally a good one for all concerned? Are we so naïve as to think if, by any chance, the system were to operate against their interests, that they would not make sure it was changed or abridged to suit them? Are we so innocent and trusting that we cannot recognize bullying and crude self-interest when our noses are being rubbed in it constantly?"


Adding:



"We should cease making speech after speech accepting that our fate and the fate of the world, will inevitably be decided by impersonal, market controlled forces and the sooner we accept this the better off we will be. Instead we should be denying most strongly, in every forum available to us, that such a fate is inevitable... That instead the world deserves a better future than the one on offer from the ruthless money men and sleaze-ridden free trade marketeers, who are making this terrible bid to dominate the world."

 McDonald's writing flair exactly channeled the building rage against governments themselves for siding with elite interests to render them pawns. It prefigures today's rage and massive distrust in democratic institutions.  William Greider, in his masterful work One World Ready Or Not - The Manic Logic of Global Capitalism, is blunt that the overall imperative is  ultimate abolition of all governmental, national social insurance systems - whether these be Medicare or Social Security in the United States, or the analogous systems in Germany or Barbados. In each case, the particular system to be replaced by a privatized entity able to generate individual debt, corporate profit and further income inequality.

Were there significant citizen efforts to thwart the march toward global corporate fiefdom?  Yes, and the most recent were by the young (mainly) protestors behind Occupy Wall Street.  However, once the Neoliberal security state had them in their sights, e.g.

The movement basically was neutralized.  Factored into this was how OWS protestors - exercising their first amendment rights- were targeted by rifles in Houston, in 2013, e.g.
dissenting-vote-suddenly-dies-down-sniper-election-from-the-demotivational-poster-1273925293
Don’t take my word for it. Here’s what the document obtained from the Houston FBI, said as received by David Lindorff (see also: http://www.thiscantbehappening.net/node/1494 )

"An identified [DELETED] as of October planned to engage in sniper attacks against protestors (sic) in Houston, Texas if deemed necessary. An identified [DELETED] had received intelligence that indicated the protesters in New York and Seattle planned similar protests in Houston, Dallas, San Antonio and Austin, Texas. [DELETED] planned to gather intelligence against the leaders of the protest groups and obtain photographs, then formulate a plan to kill the leadership via suppressed sniper rifles."


By now, with the justified citizen efforts pummeled, rage began to mount, and malignant distrust of all government institutions as well as the Constitution itself began to take hold. They only needed a spark, and that was delivered by Edward Snowden in 2013 when the first NSA files disclosing massive overreach were released. Among the findings:

" The following information was deemed  fair game for collection without a warrant: the e-mail addresses you send to and receive from, and the subject lines of those messages; the phone numbers you dial, the numbers that dial in to your line, and the durations of the calls; the Internet sites you visit and the keywords in your Web searches; the destinations of the airline tickets you buy; the amounts and locations of your ATM withdrawals; and the goods and services you purchase on credit cards."

There existed a database of Americans, who, often for the slightest and most trivial reason, were considered unfriendly, and who, in a time of panic, might be incarcerated. The database in question could identify and locate perceived ‘enemies of the state’ almost instantaneously.” He and other sources note the database is sometimes referred to by the code name Main Core. One knowledgeable source claims that 8 million Americans are now listed in Main Core as potentially suspect. In the event of a national emergency, these people could be subject to everything from heightened surveillance and tracking to direct questioning and possibly even detention.

The tragedy of the 20th (and now 21st ) century is the tragedy of the civic commons. The gradual erosion of civil society is largely fueled by the removal of civic space (as well as civic protest)  and hence the reality that citizen interests are eclipsed by corporate and market interests, either in pursuit of state (or corporate) power, profits or both. Thus, political influence is purchased via the power of the purse, for example in lobbying, or in the current cycle via Koch brothers infusion of money to defeat policies, candidates they don't want. These vermin then write the laws subsequently enacted to favor their special interests, whether bloated defense contracts, or absurd prescription drug bills that are really corporate welfare.

Again, this isn't occurring just in the U.S. (though it has been most rapid here) but all over the world, as the Globalists clear out public space to make room for their corporate power enclaves.

If you don't know why there's such anti-government (anti-establishment) rage as well as loss of faith in the democratic process then you haven't been paying enough attention. Thus, no surprise we've seen the dominance of corporate space over civic space, paving the way for citizens to emerge as corporate serfs and pawns.

The latest blow to citizen trust in the process and in government didn't arrive by way of the TPP, NAFTA or any other global trade pact but by FBI Director James Comey's announcement yesterday to revisit Hillary Clinton's emails, this now barely ten days from the general election. As Jennifer Granholm put it last night on Chris Hayes' show:

"You can't put something out eleven days before a presidential election that has an impact on the election...I'm a former federal prosecutor and the rules related to how a prosecutor or investigator is to act in the face of an election are really quite clear. You are to limit the impact on the election. But in this case there is no evidence of any wrongdoing on her part."

Indeed, the case was only re-opened because files were found on sex pervert Anthony Weiner's computer which was shared by Huma Abedin, a Hillary aide while at State.   In an interview on 'Smerconish' (CNN) this morning, Matt Miller - another former prosecutor - agreed that  yes, Comey was probably worried about the Rs using it to criticize him if he waited until post-election, but added "You know, that's too bad, but you suck it up!"

On Chris Hayes 'All In' Mr. Miller also noted:

"When the FBI conducts investigations like this they're not supposed to comment on them anyway and especially not so close to an election. There's a long standing practice at DOJ that they go out of their way not to say anything close to election day, usually defined within 60 days."

Alas, the damage may already have been done, we just don't know how much. What we do know is this latest episode isn't likely to elevate citizen trust in the democratic process - even as it fuels the furor of Trumpies now convinced he was right all along in his wild accusations about election "rigging". They would be well advised to worry more about how his election would spur this country further into the global corporatocracy and render them - and the rest of us - even more abject serfs.


See also:

http://smirkingchimp.com/thread/p-m-carpenter/69590/that-was-one-fucked-up-fbi-announcement

And:

http://brane-space.blogspot.com/2010/11/great-american-decline-2-globalization.html

Saturday, March 12, 2016

Krugman Loses It: Brands Bernie A Demagogue Like Trump

Paul Krugman slams Bernie Sanders for being as big of a demagogue as Donald Trump False equivalence is on the rampage again as we now behold Paul Krugman - formerly believed to be a stout liberal economist- revealing his Neoliberal DNA in going after Bernie  Sanders as a comparable demagogue to Donald Trump. In his Friday editorial, Krugman attacked those on the left and right for criticizing the current set of free-trade policies without offering a solution that would accomplish the complementary political goals behind them..

What "complementary political goals"? You mean a race to the bottom? Massive job losses by Americans in order to infuse more global capital into less  developed nations like Vietnam? Else, what the fuck are you blabbering about? Or...do you mean granting legal hegemony to  trade "partners" - as in the TPP- to bring cases into American courts if we don't submit to the same lower thresholds for regulation, whether in labor abuses, allowing parasites in our meat and fish, or enabling use of more potent, carcinogenic pesticides.

One good thing about the current general election campaign is it's exposing once and for all whose side the assorted elites are on, as well as separating the Neoliberal chaff from liberal 'wheat'. (Or goats from sheep if you prefer that analog).

But I never thought in a million years I'd be levelling broadsides at Krugman who I'd always respected before his outbursts against Sanders. Now, he's proven he's just another Neolib  simpleton (wifey says I shouldn't use "labels" but holy fuck  - if it talks like a Neolib, and writes like one then it must be one! DUH!)

Krugman wrote:

"Global trade agreements from the 1940s to the 1980s were used to bind democratic nations together during the Cold War, [and] Nafta was used to reward and encourage Mexican reformers,”
 Yes, but Krugman is dishonest in not pointing out the earlier trade model (originating at Bretton Woods in  1944) was based on FAIR trade, at least in a relative sense, and not trade used to amass huge advantages for one side (mainly multinational global entities)  over another. NAFTA, was part and parcel of the latter - designed to  bulk up  the profits of corporations at the expense of American capital and jobs. Send more jobs to Mexico - like Chainsaw Al Dunlap did with 'Sunbeam' - and get cheaper labor so you can close more expensive American plants and lay off higher salaried American workers.

Auto manufacturing jobs were also sent overseas, because it cost the "Big Three" and others less to assemble them there - saving billions.  A lot of this was traced to Clinton's NAFTA. Robert Scott, chief economist at the Economic Policy Institute has observed:


Jobs making cars, electronics, apparel and other goods moved to Mexico, and job losses piled up in the United States, especially in the Midwest where those products used to be made.....By 2010trade deficits with Mexico had eliminated 682,900 U.S. jobs, mostly (60.8 %) in manufacturing.”
 This was the model not only for Mexico vis -a - vis the U.S. labor and capital -  but also dispatching Americans  jobs to India and China and other 3rd world locales where labor was much cheaper, worker health regulations and benefits could be ignored and vast profits were possible.

William Greider pointed out what would transpire in his terrific book, 'One World Ready Or Not: The Manic Logic Of Global Capitalism', e.g. page 401:

"It does not require great political  imagination to see that the world system is heading toward a further dispersion of governing power so the closet dictator of the marketplace can command things more efficiently, from everywhere and nowhere. The historic paradox is breathtaking: At the very moment when Western democracies and capitalism  have triumphed over the communist alternative, their own systems of self-government are being gradually unraveled by the market system."

And further (ibid.):

"Like feudal lords, the stateless corporations will make alliances with one another or launch raids against one another's stake. They will play weakening national governments off against each  other..... In that event, vast throngs of citizens are reduced to a political position resembling that of the serfs.... "

Ian McDonald, writing in The Barbados NATION (Aug.14 1998) was even more blunt on globalized "free" trade:

"Do we really believe for one moment that those who preach free trade and the inevitable triumph of market forces have anything other than their own increased wealth and aggrandizement in mind? Do we honestly believe they think the system they espouse is fundamentally a good one for all concerned? Are we so naïve as to think if, by any chance, the system were to operate against their interests, that they would not make sure it was changed or abridged to suit them? Are we so innocent and trusting that we cannot recognize bullying and crude self-interest when our noses are being rubbed in it constantly?"

Adding:

"We should cease making speech after speech accepting that our fate and the fate of the world, will inevitably be decided by impersonal, market controlled forces and the sooner we accept this the better off we will be. Instead we should be denying most strongly, in every forum available to us, that such a fate is inevitable... That instead the world deserves a better future than the one on offer from the ruthless money men and sleaze-ridden free trade marketeers, who are making this terrible bid to dominate the world."

So maybe it's time Paul pulled his head out of his ass, and ceased drinking the Neolib cocktails of "kool aid"  left over from Jonestown, 1978.  If he and the other Neoliberals ensconced in their comfort zones paid any attention they'd see the rage erupting now - not only on the Right but the Left, can be traced directly to Neoliberal trade policies that came onstream in the 1990s.  Their effects on the populace were captured most succinctly in a December, 1998 column by Baltimore Sun syndicated author Jay Bookman ('The New World Disorder'):

"The global economy has been constructed  on the premise that government guarantees of security and protection must be avoided at all costs, because they discourage personal initiative. In times of crisis, however, that premise cannot be sustained politically. In times of trouble it is human nature to seek security and protection and to be drawn toward those who promise to provide it. That is how men such as Adolf Hitler, and Vladimir Ilyich Lenin came to power, with disastrous consequences. "

And if I may say so, it may also be how a Donald Drumpf (his actual family name) comes to power in Jan. 2017. Krugman places Bernie Sanders and Drumpf on the same level of demagogue but would he really prefer having the latter as commander in chief of this country over Bernie?

Krugman went on to say that if candidates want to “rag” on those deals, “like Mr. Trump or Mr. Sanders, [he] should be asked what, exactly, he proposes doing now.”
So, in other words, since these deals have been signed,, sealed and delivered - to transform the bulk of global workers into serfs - as William Greider has put it -  then we could as well accept it as a fait accompli.  NO further thoughts or initiatives for liberation must ensue, we just accept our collective fate while the Elites enjoy their special $1 m golf getaways, gated enclaves and upscale lives?. Meanwhile we just let further American labor capital be destroyed right under our noses because well ...."it's too late to do anything"  about it according to Paul K. Sorry, I beg to differ and so does Bernie, and I believe Sen. Elizabeth Warren too.

The most pathetic rebuttal was Krugman asserting Bernie's proposals cannot include "simply ripping up America’s international commitments, as that would destroy what little is left of the country’s credibility and standing in the world.”

I have news for you, Paulie, that sacred 'cow' already left the barn - decades ago. The country's credibility was  destroyed the day its Elites signed the first trade pact to turn over citizen governance and welfare to multi-national corporations and bond pirates via NAFTA. And then compounded it by setting up the World Trade Organization to ensure these supranational entities commandeered power over actual nations.  As far as "international commitments" they 're not worth the paper they're printed on unless the citizens themselves are behind them....100 percent. The leaders alone don't mean diddly if their citizens see themselves being shafted.

And don't even think  of running that Paris Climate Change bogus "treaty"  as something to hang over our heads (to ensure "credibility" and adherence to "international commitments") , when anyone with a grain of scientific sense knows its prescriptions are too little, too late. See e.g.
http://brane-space.blogspot.com/2015/12/paris-climate-summit-reaches-accord-but.html

In the end, Krugman has merely shown himself to be another  mouthpiece for the billionaires and multi-nationals that dominate and determine trade negotiations and deals - which is why they are mostly kept under wraps. But the public anger, even rage now,  at being shafted over will not be quelled no matter who wins. And the Trans Pacific Partnership deal will be among the first casualties as the PEOPLE say: "ENOUGH! FUCK OFF!"

See also:

http://www.smirkingchimp.com/thread/robert-parry/66392/two-corrupt-establishments

Excerpt:

"What is notable about the “free trade” issue is that it has long been a consensus position of both the Republican and Democratic establishments. For years, anyone who questioned these deals was mocked as a know-nothing or a protectionist. All the smart money was on “free trade,” a signature issue of both the Bushes and the Clintons, praised by editorialists from The Wall Street Journal through The New York Times.

The fact that “free trade” – over the past two decades – has become a major factor in hollowing out of the middle class, especially across the industrial heartland of Middle America, was of little concern to the financial and other elites concentrated on the coasts. At election time, those “loser” Americans could be kept in line with appeals to social issues and patriotism, even as many faced borderline poverty, growing heroin addiction rates and shorter life spans."

And:

http://brane-space.blogspot.com/2015/04/obama-needs-to-tone-down-his-rhetoric.html

Wednesday, March 9, 2016

Bernie's Surprise MI Win Keeps Campaign On Life Support

Democratic presidential candidate Bernie Sanders speaks at a campaign rally Monday Derry, N.H. (Andrew Burton, Getty Images)
Bernie Sanders in the last Dem debate in Flint, MI, gave a devastating account of how free trade policies ripped jobs out of the country, including affecting Michigan. The connection to Hillary was indirect, her hubby was the one who pushed NAFTA - with the Repubs - but there just the same. Evidently his message got through in Michigan despite the elitist filters like factcheck.org claiming the "actual job loss from free trade is negligible". If that were so, then one of author William Greider's most significant books,  (One World Ready Or Not - The Manic Logic of Global Capitalism', 1996). would be fiction. Greider documented how American jobs dispatched to low wage nations overseas not only hollowed out our industrial cities but eliminated living wages.

Auto manufacturing jobs were also sent overseas, because it cost the "Big Three" and others less to assemble them there - saving billions.  A lot of this was traced to Clinton's NAFTA. The Wharton School site (Knowledge@Wharton) quoted Robert Scott, chief economist at the Economic Policy Institute:

“Jobs making cars, electronics, apparel and other goods moved to Mexico, and job losses piled up in the United States, especially in the Midwest where those products used to be made.....By 2010, trade deficits with Mexico had eliminated 682,900 U.S. jobs, mostly (60.8 %) in manufacturing.”

Scott went on to point out that the scuttlebutt that NAFTA helped create jobs was due to false accounting. Other sources cited by Wharton claim the losses would still have occurred without NAFTA but we will never know, will we? The point of historical note is that economies in the Rust Belt all got uniformly worse after the passage of NAFTA and most of the Left who look at this don't believe it was coincidence.

All this had to play with the Michigan audience watching the Flint debate  - which was one of the most heated - with Hillary incessantly screeching and trying to interrupt Sanders, who at one point had to admonish her to "let me finish speaking".

In the end, the result, Sanders 50% to Clinton's 48% of the vote, left the pundits gasping as they had predicted from their polls Hillary winning by something like 11 pts. (Typical polls showed Clinton 55% and Bernie 44% the day before.)

But when the dust settled last night, Clinton had 1213 delegates and Bernie 557. So she is more than half way to the D-nomination. Unless Bernie can blow her momentum up next week with YUUUUUUUGE wins in Ohio, Florida etc. his campaign remains on life support only thanks to the odious DNC  superdelegate system.. Thus, sober heads still regard his campaign as basically 'game over' and he is merely staying in to keep Clinton honest while also seeking to gain some leverage at the convention. What that will be, who can say?

Time to face facts:  even with a string of major upsets by Bernie,  Clinton will still get the secretive state  super delegates to toss their lot in with her. As one angry Denver Post letter writer and Sanders supporter put it 2 days ago: "Why are we busting our butts if all our phone calls and canvassing efforts will just be trumped by hidden party bosses and lackeys?"

Good question! It's because the "Democratic" party believes in undemocratic means for nomination. While they tout voter "choice" in the primaries, this is only a smokescreen to convey the façade of democracy - while the actual wheels for the party heads spin beneath- detached from the voters' will.

Look for Bernie to take a few more contests, but ultimately the superdelegates of the Dem Neoliberals and the Clinton Machine will win.  This isn't pessimistic but being realistic.

See also:

http://www.salon.com/2016/03/09/it_should_be_over_for_hillary_party_elites_and_msnbc_cant_prop_her_up_after_bernies_michigan_miracle/

And:

http://www.smirkingchimp.com/thread/gaius-publius/66336/can-hillary-clinton-beat-donald-trump-a-preliminary-look

Thursday, March 3, 2016

Bloomberg News' Paula Dwyer Misreads The U.S. Jobs Picture - Big Time!

Bloomberg News' Paula Dwyer exemplifies the Neoliberal's warped perceptions on the state of labor and the economy. She claims in a recent piece ('What Trump, Sanders Don't Get') that the "forces holding back the economy are structural and internal" as opposed to arising from globalization and its wholesale betrayal of indigenous  labor in favor of cheap external labor. This has been the case since NAFTA and CAFTA and will be reinforced with TPP passage.

People under the WTO-GATT- CAFTA- NAFTA etc. hegemony were thereby rendered pawns and serfs to global capital. (See e.g., William Greider, 'One World Ready Or Not - The Manic Logic of Global Capitalism', 1996). Greider makes clear the millions of American jobs dispatched to low wage nations overseas not only hollowed out our industrial cities and eliminated living wages but created a vast service sector for which the pay can't meet basic living obligations (rent, utilities, insurance etc.). 

Given a choice between paying an American college-educated person $45,000/ yr.  starting salary - with benefits tossed in -  and an Indian from Delhi only half that and zero benefits, what do you think the big cheese in a global company is going to do? With no penalties for sending jobs to Indians (i.e. a tax surcharge of 10% on every job dispensed there) that's where the jobs will go, the lowest priced, least regulated markets!

Dwyer claims that workers - young and old - are "abandoning the work force" and this is responsible for the current low unemployment rate of 4.9%. This is mostly flat wrong.  As reported in the Feb 22 WSJ: How Older Women Are Reshaping the U.S. Job Market

"a wave of older American women are working or seeking work longer, and more than any previous generation as they look ahead to more years of life than men their age and with less accumulated wealth."

Adding:

"Since the start of the most recent recession in December 2007, the share of older working women has grown while the percentage of every other category of U.S. worker—by gender and age—has declined or is flat. In 1992, one in 12 women worked past age 65. That number is now around one in seven. By 2024, it will grow to almost one in five, or about 6.3 million workers, according to Labor Department projections."

So, in other words, Dwyer's claim of a uniform American worker "abandonment" of the job market is plain poppycock. In addition, older workers in general are keeping the jobs they have as well as taking new ones. Why? The WSJ again:

“As older workers keep a tight grip on their jobs, the proportion of Americans ages 25 to 54 who are working or looking for work has slipped to the lowest level in three decades. Many of these younger Americans fell out of the labor force in the recession: Some retired or enrolled in school. Others weren’t able to work or had to care for relatives at home. Many gave up looking.
Economists are closely studying what happens in the U.S. and abroad as workers stay on the job years past their expected retirement age."

Adding:

"Older men and women are leaving the workforce more slowly than in the past, suggesting a greater potential labor supply—and more slack—than an unemployment rate below 5% would typically imply. Such economic slack must be cinched—by finding jobs for discouraged younger workers, for example—before wages can rise more broadly."

Why does this economic "slack" exist? It isn't simply because the workers don't want jobs but because the job eligible population (mainly Millennials) has been increasing by nearly 220,000 a month every year since 2005. Unless jobs are created at this labor population eligible rate then there will be "slack" and a growing labor surplus. This stuff isn't rocket science and it's incredible a Bloomberg News person wouldn't be aware of that. Consider then the months in the Bush administration where there was in fact negative job growth - jobs lost, not added - and you have another contributory factor to labor slack.

In terms of lack of adequate job creation, well it's because employers, corporations refuse to invest the money, the capital they have to launch jobs. They are instead using the money to buy back shares.
The WSJ's Greg Ip recently (Jan. 29)  observed that since 2009, U.S. firms - entrenched in their own myopic interests- boosted capital investment by only 43%, dividends by 67% and stock buybacks by a whopping 194%. This according to Jason Thomas of Carlyle Group. In addition, rather than investing in new plants for new jobs, businesses have squandered $2 trillion on mergers and acquisitions - a third more than the previous annual record in 2006. This is what has directly led to a distortion in the economy and the failure to grow more decent paying jobs.

The reality is American business has become self-invested, self-gratified and fat off its own capital and no longer willing to invest in the American worker. Put succinctly, people (younger ones) have ceased looking for jobs because they simply aren't there - not of the numbers and quality needed for them to advance or even afford basic food and rent in most cities (like Denver where one needs a $150,000/ yr. salary just to qualify to own a new home and rents start at $1900/mo.).  It makes more sense for them to seek disability and bail out entirely with nothing forthcoming - or just live with mom and pop.

This then exposes Dwyer's blame game as misplaced i.e. "improved living standards require economic growth and one way to achieve that is more people producing more goods and services"

But that only applies if companies, corporations are more interested in investing in the production of those goods and services - by investing in more plant and labor - than in stock buybacks and mergers.

That is not happening. Nor will her solution of "bringing in more immigrants" solve the problem because again, it is not that there is a dearth of workers but a dearth of decent paying jobs. Thus, the slower growth is not a result of too few workers but too few jobs produced by the corporate sector which would rather sit on its capital..  The worry about immigrants "taking away jobs" is also misplaced because most of the jobs immigrants take are in agriculture and landscaping. As for tech jobs, most of those - including customer service - were long ago dispatched to Bangalore and Delhi.

Dwyer asserts that "the only other way to increase living standards is for workers to increase their output" but this also is bogus. The untold truth is that is that productivity in relation to GDP has increased more than 40% in the interval since 1973 even as wages-salaries have remained almost stagnant. Of course, one major reason is how "greater productivity" is now attained. Often by firing a number of workers ("downsizing" or "rightsizing")  and ditching their benefits, and making the remaining force do their work plus that of the downsized ones. OR- tossing out 80% of a workforce and replacing them all with automation.

As for living standards, she appears to be unaware that enhanced productivity isn't going to get it done. Northwestern University economist Robert Gordon has chronicled the history of America's heyday and argued that advances in our living standards between 1870 and 1970 aren't likely to be repeated. A lot of this has to do with the fact that in that interval growth reflected a sweeping series of innovations from indoor plumbing, to air conditioning, refrigeration. Gordon sees little evidence that similar innovations (i.e. of analogous magnitude) will emerge to deliver gains on the same scale.

Then again, there is the retreating, diminishing EROEI of petroleum - meaning that it now requires much more effort to extract energy to drive our energy-intense civilization and it is nowhere as cheap as it used to be  - and getting dearer (never mind the temporary oil glut that has driven oil prices down,) See e.g.

http://brane-space.blogspot.com/2013/09/44-trillion-in-deficits-by-2024-minus.html

Dwyer in her Neoliberal myopia addressed none of these, nor did she even appear to be aware of them.

Bottom line, if people, so called economists and other media experts,  wish to see the labor participation rate increase then they need to find a way to spur aggregate demand via corporations investing in new jobs. Produce the jobs and then they - the workers - will come.

This is the real "megatrend" affecting society but alas, it's one Ms. Dwyer is totally blind to, so eager is she to blame workers-citizens as well as Sanders and Trump for erroneous perceptions of our rigged economy.

See also:

http://www.smirkingchimp.com/thread/eric-zuesse/66255/libertarians-false-assumptions-about-economics

And:

http://brane-space.blogspot.com/2012/05/is-us-economic-system-pareto.html