Consumer Financial Protection Bureau Gone?

 

Guess who the dynamic duo, i.e. Vivek and Elon, might go after next? Of course, it could be our citizen advocate, CFPB, known as The Consumer Financial Protection Bureau.

As reported recently on MSNBC by Helaine Olen (and truncated below:

“The Silicon Valley Bros are not fans of the Consumer Financial Protection Bureau. Elon Musk would like you to know that he believes the bureau is an unnecessary bureaucratic hiccup and one that should not exist. “Delete CFPB,” he posted on X last week, adding it’s “duplicative,” a perfect target, he seemed to indicate, for his DOGE commission to improve government efficiency. Musk’s comment was in response to, yes, another post, this one detailing claims about the agency made by venture capitalist Marc Andreessen on Joe Rogan’s popular podcast. Andreessen claimed the CFPB is the personal fiefdom of Sen. Elizabeth Warren, D-Mass., and that it pursues political and business vendettas against Republicans and small, scrappy fintech startups on behalf of Democrats and the big banks.

None of this is true. The amount of bad faith and seemingly deliberate duplicity on display here — by Musk, Andreessen, and many who support them online — is staggering. The CFPB aims to protect the American people from vested financial interests big and small, ranging from too-big-to-fail banks to fly-by-night payday loan lenders to Silicon Valley fintech startups. Almost all these interests hate it, not because the agency is “duplicative,” but precisely because it is not “

Over its almost 13 years, the agency has stopped numerous financial ripoffs and returned billions of dollars to the public. Its mere existence provides an ongoing demonstration of how the government can effectively stand up to big money interests and protect the American people. Fittingly, Musk — and other Silicon Valley titans — want it to go away.

On Rogan’s program, Andreessen claimed the CFPB orders “debanking” — that is, forced shutting down of bank accounts and other financial tools — for those it believes have “the wrong politics.” But debanking is, for the most part, not a CFPB issue — and where it is, the CFPB is doing the exact opposite of what Andreessen claimed. In August, the CFPB filed a brief in a legal case arguing that debanking of religious conservatives is a form of discrimination. At a panel earlier this year, CFPB Director Rohit Chopra argued that this amounts to payment services’ “setting laws or conditions outside of the democratic process.” On Tuesday, the CFPB followed this up by making it clear a proposed new rule would, if finalized, stop the sale by data brokers of personal info to scammers, and could also combat debanking that occurs because of identity theft or other fraud.

However, the CFPB has a lot to do with regulating the fintech space, which is something that Andreessen, Musk, and the rest of Silicon Valley are very interested in.  Let’s start with what Andreessen did not disclose to Rogan’s audience. In 2021, the CFPB shut down a fintech named LendUp Loans after the agency flagged and fined it multiple times for offenses including lying to customers and tricking them into taking on high-interest loans. Earlier this year, the bureau announced it would distribute nearly $40 million to “118,101 consumers who were deceived by LendUp Loans.” It was a humiliating end for a firm whose backers, according to The Wall Street Journal, included “some of the biggest names in venture capital, including ... Andreessen Horowitz.” Yes, that Andreessen.

More broadly, under Chopra, the CFPB has moved in on the Wild West environment of digital payment and wallet apps, including not just Venmo and PayPal but also Google and Apple. It has subjected them to federal oversight and issued regulations governing their behavior regarding fraud — not dissimilar to how traditional banks are treated.

Silicon Valley, unsurprisingly, is no more happy to subject itself to rules than Wall Street is. In particular, Musk — who has made it no secret that he would like X to branch into digital financial services — has a long track record of attempting to bend the government to his will and flouting its authority when he cannot.

The CFPB, born out of the financial crisis, stands in the way of all that. Little wonder Musk and company think it needs to go.”

How did we get to this point regarding an agency much respected by the general public?

After years of battles, the Consumer Financial Protection Bureau (CFPB) opened its doors in 2011. Elizabeth Warren, then a professor at Harvard, previously led a committee on financial oversight as requested by Congress. Her findings suggested better transparency in all lending practices, a reduction of legalese in documents, and a simple explanation of costs with no hidden fees. Created by Congress under the Dodd-Frank Financial Law to restructure some lending practices that many thought contributed to an unstable economy. Loans were made, then bought and sold to conglomerates, no longer based in a local community and with little interest in small or local markets. The stated goals were, as described by Warren:

1.    To ensure consumers have enough timely information to make responsible financial decisions

2.    To protect consumers from unfair, deceptive, or discriminatory practices

3.    To reduce unnecessary or burdensome regulations

4.    To increase fair competition and enforce federal law consistency by equal law enforcement and

5.    To advance a market that is transparent and efficient and promotes access and innovation 

But, almost before the new bureau could set up its files, Republicans, lenders, and others in the financial industries set out to undermine the authority it was granted. Professor Arthur E Wilmarth Jr. described the issue in 2012 in a George Washington University Law publication titled:

The Financial Services Industry’s Misguided Quest to Undermine the Consumer Financial Protection Bureau

He concluded:

“The financial crisis has shown convincingly that a systematic failure to protect consumers will eventually threaten the stability of our financial system as well as our general economy. Congress should therefore preserve CFPB’s existing authority and autonomy despite the determined attacks of the financial services industry and its Republican allies.”

You might have forgotten just how fraught the situation was in 2008 before President Obama took office. Banks were failing, buyers were defaulting on their loans, Lehman Brothers could not find a backer and folded, world markets were skittish, and the auto industry was on the verge of collapse. Treasury did not want to move boldly, Congress did not want to bail out anyone, and there was a presidential campaign underway. Widespread defaults caused losses even for those with sensible mortgages because their neighborhoods were devalued by the empty homes nearby.

So, once the Bureau got started, it had to set priorities. One of the first issues they worked out for consumers was in the mortgage industry, where predatory lenders convinced homeowners to buy mortgages they could not afford, and should not have qualified for. Coupled with high interest rates and saddled with homes that, because of the housing market downturn during the Great Recession, were under water (no longer worth what they cost), many buyers simply walked away from their homes.

Many companies, when scrutinized, could not stay in business. The CFPB worked with the industry to root out the rotten apples, consolidated services in larger companies and began a massive consumer education program to increase financial literacy. It also addressed many of the excesses and unfair practices in the banking industry. Wells Fargo was a good example of these practices in 2015. In a statement, the CFPB discussed the issue.

“Today we fined Wells Fargo Bank $100 million for widespread unlawful sales practices. The Bank’s employees secretly opened accounts and shifted funds from consumers’ existing accounts into these new accounts without their knowledge or permission to do so, often racking up fees or other charges.

"Wells Fargo employees secretly opened unauthorized accounts to hit sales targets and receive bonuses. Because of the severity of these violations, Wells Fargo is paying the largest penalty the CFPB has ever imposed. Today’s action should serve notice to the entire industry that financial incentive programs, if not monitored carefully, carry serious risks that can have serious legal consequences."

Bank employees temporarily funded newly-opened accounts by transferring funds from consumers’ existing accounts in order to obtain financial compensation for meeting sales targets. These illegal sales practices date back at least five years and include using consumer names and personal information to create hundreds of thousands of unauthorized deposit and credit card accounts.

The law prohibits these types of unfair and abusive practices.

Violations covered in today’s CFPB order include:

• Opening deposit accounts and transferring funds without authorization, sometimes resulting in insufficient funds fees.
• Applying for credit card accounts without consumers’ knowledge or consent, leading to annual fees, as well as associated finance or interest charges and other late fees for some consumers.
• Issuing and activating debit cards, going so far as to create PINs, without consent.
• Creating phony email addresses to enroll consumers in online-banking services.

 

Certainly, if this happened in my bank account, I would agree that the punishment should be severe. If the CFPB were not in place as a watchdog with enforcement actions, other banks could also exercise unseen powers that harm the consumer. And, this is just one industry. Other enforcement actions were taken against junk fees, credit card fees, and overdraft practices, as well as the payday loan industry.

According to the agency website, as of 2023, over 17 billion dollars has been returned to consumers in the first ten years.

$17.5 billion–The amount of money the CFPB has put back in Americans’ pockets in the form of monetary compensation, principal reductions, canceled debts, and other consumer relief resulting from CFPB enforcement and supervision work

$4 billion–the amount of money CFPB has imposed in civil money penalties on companies and individuals that violate the law. This money is deposited into the victims relief fund which provides compensation to people who have been harmed by violations of federal consumer financial protection law

200 million–The estimated number of consumer accounts eligible to receive financial relief from the CFPB’s enforcement and supervision work

$175 million–The amount of monetary relief resulting from 39 public enforcement actions that involved harm to service members and veterans

50.1 million –The number of users who have accessed answers to hundreds of common financial questions via the CFPB’s Ask CFPB database

4 million–The number of consumer complaints the CFPB has sent to companies for response on behalf of consumers. Our public Consumer Complaint Database has published over 3.8 million of those

3,000–The average number of complaints the CFPB handles each day

180–The number of languages that consumers can use to file a complaint

This, certainly, is an agency that should stay in business. Call your representatives now.

As of tonight, there is a lot of turmoil in the world outside our borders. Remarks by the president-elect do not seem to be a stabilizing factor. And Tulsi Gabbard’s friendship with Syria’s Assad is again called into question. Assad fled to Russia as cities fell in his country to an armed insurgency.

Til next week-Peace!

MAGA Billionaires Plan War on Social Security & Medicare Benefits

If you didn’t believe it before, you should listen carefully now that Elon Musk and Vivek Ramaswamy have been charged with cutting waste from federal spending. The large part of the federal dollars that are spent on Social Security and Medicare are definitely in their crosshairs.

And Senator Rick Scott, who recently lost his quest to become the Senate Majority Leader, is right there with them. Scott, who is estimated to have a net worth close to $300 million and is considered the richest senator, earned much of his fortune in healthcare. His company was subsequently charged with 14 felonies for Medicare and Medicaid fraud and paid over a billion dollars in fines.

As a senator, he formed a PAC to reduce costs. Some of its policies can be found here. They would deconstruct the government as we know it and are close to many proposals in the 2025 plan. He wanted Congress to receive an annual report on the sustainability of Medicare. Then, by claiming it could not be sustained, would he have moved to diminish current benefits?

According to the Peter G. Peterson Foundation, Medicare is the second largest expenditure in the Federal budget, with expenditures of 839 million dollars in 2023. Medicare covers seniors over 65, and some others, for hospital costs, medical, and ancillary care, and prescription drug costs. This number represents 14% of federal spending and covered 89 million people, or 20% of the population in that year. Financing comes through an income-based payroll tax, fees, and the Hospital Insurance Trust Fund. and from the general fund. A reluctance to increase the salary cap contribution levels has contributed to a projected Medicare fund deficit. The large cohort of “baby boomers” just now hitting the system will strain total expenditures and will drive calls for reducing costs.

Of course, the primary expense in the federal system is for Social Security benefits. In 2024, as reported by the SSA, almost 68 million Americans received a monthly check from Social Security. This cost was estimated to be 1.5 trillion dollars for this year. In 2023, that expense was 21% of the federal budget. Although often referred to as an entitlement, these funds are pulled from earnings, invested, and returned to workers upon retirement. To be eligible for the benefit, a worker must have paid into the system for 40 quarters, or at least ten years, over their working life. To combat inflation, a cost of living (COLA) expense is factored into the allotments each year and is based on average costs. For the upcoming year, the average increase will be about $50 monthly.

For most beneficiaries, (9 of 10 eligibles over 65) Social Security was the major source of their annual income. The average monthly benefit is around $1900.00 or about $23,000 annually. Payments are calculated from the total earnings attributed to each retiree during their years of employment. (Additional payments are made to disabled workers and surviving children of deceased contributors.)

One fact that seems to have escaped our billionaires mentioned above is that each worker contributes to this fund through taxes withdrawn from their periodic paychecks. Employers contribute matching funds for each worker. Those who are self-employed pay double the amount annually. This is not a free giveaway; workers earn these payments through their years of work. The funds are sent to the Old Age and Survivors Insurance and Disability Trust funds.  As of the end of 2023, those funds were worth $2.8 Trillion. But these funds are expected to run out in another decade or so as those paying into the system are not sustaining the costs of the increasing numbers drawing benefits from it. That number and the longer life spans for retirees are making the future less secure for retirees.

As an example, when Social Security first started paying benefits in 1940, the average life expectancy was 61 years. Benefits did not start until age 62. By 2023, that number increased to an average of approximately 79 years. (Since women traditionally live longer than men, that number is slightly higher for them; although recent stats show that men are decreasing in life expectancy to 73 years, a major decline.) So the system needs definitely to undergo review. Many think, that in ten years monthly checks must decrease to avoid insolvency. Another option is to increase the salary cap floor, as earnings are currently only calculated from the first $168,000 of income. That number will increase slightly in 2025 to $176,000.

That said, the current weekly salary for American workers reported by the Bureau of Labor Statistics for the third quarter of this year, averaged, is $1,165.00 for men, and slightly less for women at $1054.00. The numbers for minorities were even lower. These numbers translate into annual median wages of approximately $60,000 a year. There were also regional differences as the minimum wage level varies across the country. If an average salary is queried, that would be about $68,000.

These are the facts. This is the reality that most Americans live with. I started working at age 14 as a page in my local library. I stopped working in my seventies, with times out only for advanced education, childbirth, and subsequent care.

These maga millionaires claiming to be able to find trillions to cut from Federal spending have no understanding of the system or its promise to workers, judging from some of their recent statements.

From reporting by The Hill

“The pair, who were named co-chairs of the panel last week, laid out their plans for the “Department of Government Efficiency” (DOGE) in a Wall Street Journal op-ed. 

“The two of us will advise DOGE at every step to pursue three major kinds of reform: regulatory rescissions, administrative reductions, and cost savings,” they wrote. “We will focus particularly on driving change through executive action based on existing legislation rather than by passing new laws.” :

 

As reported by MSN

“In an interview with American computer scientist and podcaster, Lex Fridman, Ramaswamy said, “In there on Day 1, anybody in the federal bureaucracy who's not elected, whose social security number ends in an odd number, you're out, if it ends in an even number, you are in. There’s a 50 percent cut right there. Of those who remain, if your social security number starts in an even number, you're in, and if it starts with an odd number, you're out. That's a 75 percent reduction."

(Vivek may not realize that the first three numbers of an SSN referred to the area of the country where the initial application was made until 2011; it is now a random number, so it might have a disproportionate impact on the more populous areas of the country. He also may not understand that, since Civil Service applications give a weighted preference in hiring to veterans, they also would be severely impacted if his ideas were adopted.)

The New York Times noted in an opinion column by Peter Coy:

“I doubt if a C.E.O. or anyone outside of government has the attention span or the interest to truly go into the weeds,” Brian Riedl, a senior fellow at the Manhattan Institute, told me. Riedl worked for six years as chief economist to former Senator Rob Portman, Republican of Ohio.

Dan Lips, the head of policy at the Foundation for American Innovation, who was a Senate Republican staffer from 2011 to 2019, told me that “having very animated, high-profile leaders looking at these issues with a fresh perspective will be helpful.” But Lips recommended that rather than start from scratch, Musk, and Ramaswamy should draw on the detailed work on improving efficiency that has already been done, including by the Government Accountability Office, the inspectors general in each department and various congressional committees.

The Government Accountability Office in particular already does a lot of what Musk and Ramaswamy have in mind, except with the advantage of deep institutional knowledge. By its own accounting, it has produced benefits of $123 for every dollar put into it over the past six years on average.

Musk and Ramaswamy have lost some credibility with potential allies by lobbying for ideas that are clearly impossible, such as ditching three-quarters of the federal workforce or, as Musk has floated, cutting $2 trillion out of the federal government’s nearly $7 trillion budget. (That would be more than everything the government spends on stuff other than defense, interest and transfer payments such as Medicare and Social Security.)

Fed.pay.org  reports that there are approximately 1,402,000 people employed by the Federal government across 365 agencies. The average salary is around $80,000, and benefits add more. The costs are about $112.61 billion annually. So, if these geniuses cut this number of employees in half, what might this loss of jobs do to the economy? What would happen to the Social Security Trust fund if it lost 50% of the expected federal worker contributions it now receives? Where would alternative employment appear?

So, hang onto your hats folks, the weather ahead promises to be stormy! When these yokels get started you have to know that Medicare is also definitely in their sights. And, in this, they will have help from the kooky anti-vaxxer, Robert F. Kennedy Jr, if he gets confirmed, and the weird Dr. Mehmet Oz of supplement and crudities fame. Oz admits to being worth between 100-400 million dollars. What could possibly go wrong? That is a topic for another week.

Well, at least Matt Gaetz is out of the picture as he read the writing on the wall from Republicans that he could not get enough votes. This was compounded by leaks from testimony given and findings about the thousands of dollars he spent on “pay for sex” transactions. Stay tuned as Cabinet positions are more likely to be drawn from Central Casting, the pages of Variety, the entertainment publication, or Fox TV personalities, than from experienced academics or accomplished business professionals. Instead of the ‘best and the brightest’, we are presented with some of the ‘worst and the weirdest’ nominees this time!

And. DJT, who still has not signed the transition agreement, is raising private funds (from undisclosed donors, just what is he promising them?) to pay for the transition and does not want his nominees to be vetted by the FBI. What else is he hiding? Have the missing funds from his inauguration ever been accounted for? I hope that President Biden would order the FBI to do these background checks anyway, in the interests of national security or something.

Finally, as tallies continue, it is obvious that he does not have a mandate as his share of the popular vote has fallen to under 50% and Harris edges closer to within 1.5% of his total. Contrary to his campaign claims, this election was not a landslide. Popular vote vs. the Electoral College remains a debate for another day.

Still disavowing the 2025 report, DJT continues to lie, even as he adds its authors to his administration.

Anyway, Happy Thanksgiving! It seems that the turkeys here are not just found at the dinner tables.

Til next week-Peace!

A Cabinet of Deplorables?

The president-elect told everyone that he would exact revenge and retribution against those who tried to thwart him during his previous term in office. Many thought this was just idle chatter. They are being proven wrong. Although some of the announced choices for posts in the new administration are accomplished professionals, many are not. Some of these choices are people who have voiced opposition to the policies of the departments they are poised to lead. Others are not remotely qualified and may have been chosen to be the undoing of their selected department.

He tried to do an end run around the required practice of “Senatorial Advise and Consent”, common to all Cabinet and other senior position nominations, by suggesting that the Senate recess after his Inauguration, so he could initiate appointments without hearings. He even tried to push forward his choice for the position of Senate Majority Leader, Senator Rick Scott of Florida. The Senate, voting by secret ballot, selected Senator John Thune of South Dakota instead. Thune was the choice of the outgoing leader, Mitch McConnell. So, at least at first, the Senate noted it was not a lapdog. Time shall tell how far this goes as DJT appreciates neither disobedience nor disloyalty. The recess appointments would allow his nominees to avoid those pesky FBI background checks that previously found unsavory tidbits and subsequently derailed candidates for matters such as hiring undocumented workers, drunk driving records, and extra-marital affairs. He appears to have forgotten, or perhaps ignored, the Constitutional principle of separation of powers whereby the entities of Judicial, Legislative, and Executive authorities are each separate and equal bodies not subjugated to any other. He previously disdained the concept of the Rule of Law; I expect, sadly, this will continue.

A few of the early nominees are noted below.

Senator Marco Rubio, the senior senator from Florida, is the nominee for Secretary of State and is a knowledgeable politician with expertise in foreign affairs. In 2016, Rubio ran for president in the Republican primaries against DJT. He has been active in foreign relations and concerns about South America and Taiwan. He is a first-generation American with parents who emigrated from Cuba. Rubio and his wife live in Miami and have four children. His net worth is around $500,000. This announcement received positive responses from legislators.

The budget for State, which includes US AID, is around 85 billion.

Governor Doug Burgham, from North Dakota, has been in office since 2016 and is a billionaire. He ran for president in the 2024 Republican primaries. His wealth comes from success in software, real estate, and venture capitalist businesses. In 2001, he sold his software company to Microsoft for a billion dollars. He has been nominated for the position of Secretary of the Interior. The Department of the Interior monitors many western lands through its oversight of Indian Affairs, the vast western ranges of public lands, and many areas of natural resources. DJT wanted public lands opened for drilling and decreased tribal boundaries and some land protection. These were later restored by President Biden. Burgham is married to his second wife and has two children. Governor Burgham is said to be a supporter of carbon capture and fracking and is opposed to abortion rights. This department’s annual allocation is around 92 billion dollars.

Governor Kristi Noem of South Dakota, perhaps best known for bragging about shooting her disobedient dog at a gravel pit, was once considered for the role of Vice-President on the Republican ticket. A former Congressional representative, she was elected governor in 2019. She is a farmer and rancher and lives on her family farm. She and her husband have been married for over thirty years and have three children. Their net worth is estimated to be around three million. Even though her state is not a border state, Noem sent National Guard forces to the southern border and claimed that Mexican cartels were colluding with South Dakota tribal populations. (She was then banned from tribal lands by Native American leaders who considered her remarks outrageous. Reservations comprise about ten percent of her state.) Although she has no experience in public safety or security, other than as a governor, she was nominated for the position of Secretary of Homeland Security.

This department addresses issues such as immigration, Artificial Intelligence, customs, anti-terrorism, and disaster relief and has a budget of over 50 billion dollars.

A Fox weekend TV announcer and National Guard military veteran, Pete Hegseth was the nominee for Defense Secretary. Although he had twenty years of military experience in the Guard, serving in Iraq and Afghanistan, he frequently criticized decisions by military officials from his Fox position. Hegseth wrote a book about the military but has no corporation or administrative experience. Between his book sales and TV work, he is estimated to have a worth of about six million. He called the January 6^th insurrectionists patriots and advocated for pardons for others convicted of war crimes while enlisted. Known for disparaging the role of women and minorities in the services, he reportedly said women do not belong in combat units with men. He voluntarily left the service after unit members questioned some tattoos he brandished that some considered associated with white extremist groups. He has been married three times and has seven children. (And this does not include any details about the NDA a woman who accused him of rape, signed after an alleged pay-off.)

The Pentagon budget covers each Armed Service division plus has funds for use with international assistance. It awards contracts as needed to support logistics. The Defense budget for 2024 is $841 billion or 12.5% of the US budget.

Now we come to a position promised to RFK Jr. for his endorsement during the campaign. Robert F. Kennedy, Jr. was selected for the position of Secretary of Health and Human Services. Kennedy is known for his anti-vax campaigns, his opposition to Covid care, and the CDC. A lawyer, he won significant protections for many riverways. He is a supporter of conspiracy theories, especially relating to autism, (many of which have been disproven), and opposes many food and drug government regulations. He supports the use of raw milk, which can expose consumers to cowpox, and, possibly, bird flu. Kennedy opposes the use of fluoride in the water supply. Known for his work on environmental issues, he more recently became an advocate against the use of food and drug additives in the American diet. And encourages healthy diets to reduce what he called the “chronic disease epidemic.” He promises to deter the NIH's focus on viruses. RFK Jr. also has alleged sex scandals in his background, said he never claimed to be an altar boy, and admitted to significant drug use in college and beyond. He is married to his third wife and has six children. They are estimated by Forbes to have a net worth of about 15 million.

This Department covers Federal Health programs such as Medicare and Medicaid, CHIP, the CDC, NIH, public health, Indian healthcare, people with disabilities, and addiction services. The HHS budget for 2024 was 144.3 billion in discretionary spending and over a trillion in mandatory spending.

So where do we go from here? These are only a few of the selections so far. I plan to go further next time, but there is so much happening. Writing in The Unpopulist, Robert Tracinski states that this is a cabinet of nihilists who will be loyal to DJT, not their jobs.

He states that “each appointment is a deliberate negation, even a mockery of the function of the government he or she will be in charge of.” He adds these individuals are not merely unqualified, they are disqualified. They are anti-qualified – the antithesis of each office…

‘Tracinski compares Trump to the emperor Caligula, who famously showed his contempt for the Roman Senate, and for any nominal checks on his own power, by proposing to appoint his favorite horse, Incitatus, as a consul.’

Authoritarians do not want to strengthen government, they want to weaken it, according to Bill Kristol who wrote in the Bulwark. By reducing rules and procedures, there are fewer roadblocks toward their exercise of capricious power.

“After all, if Trump isn’t checked now, what are the prospects of checking him later, when he will have succeeded in this first effort at intimidation, and when he will have all the key powers of the executive branch at his disposal?

As the political scientist Jeffrey Tulis recently pointed out, the “process of normalization” of Trump and his authoritarian spirit is very far along. That normalization over the past few years is in fact what made possible his recent electoral victory.

But to yield now to these appointments would be a normalization not just of Trump as a wannabe authoritarian but as actual, governing authoritarian.”

The Washington Post recently reported:

“There’s always been this issue about Trump. Should he be taken seriously but not literally, literally but not seriously, or both literally and seriously? At this point, after the campaign he waged, after sweeping all seven battleground states and winning the popular vote, it seems that taking him literally and seriously is the right way to view what’s happened to date.

Trump appears intent on making good on what he pledged as a candidate. He is going after what he calls “the deep state,” the vast federal bureaucracy that he saw as resisting his wishes during his first term. He is determined to have his way with the Pentagon brass, after several generals who served in his first administration turned on him. And he appears ready to go after those in the legal system who he feels went after him. Trump demands loyalty and in his early appointments is rewarding loyalty. That makes this coming administration far different from his first one.

Trump won the election on a promise again to try to shake up the status quo. Many voters bought it. The president-elect is gambling that those who voted for him were prepared for the amount of disruption that his early nominations suggest is coming.”

So what comes next? The New York Times reports on recent Democratic efforts.

“The Democratic effort will rely on the work of hundreds of lawyers, who are being recruited to combat Trump administration policies on a range of Democratic priorities. Already, advocacy groups have begun workshopping cases and recruiting potential plaintiffs to challenge expected regulations, laws and administrative actions starting on Day 1.

Democracy Forward, a legal group that formed after Mr. Trump won in 2016, has built a multimillion-dollar war chest and marshaled more than 800 lawyers to press a full-throated legal response across a wide range of issues.

Democrats have a growing belief that their efforts must extend beyond the political sphere, trying to go on offense in a splintered media environment where conservatives have amassed more influence. One new liberal dark-money group began prospecting for donors with a pitch that it would unearth unflattering revelations about the Murdoch family and Elon Musk — both pro-Trump media magnates.

The group, called the Two Plus Two Coalition, plans to “target the hidden sources of disinformation and expose them for what they are,” according to a donor prospectus being circulated this past week. The group asked donors for a minimum investment of $1 million, and was aiming for an annual budget of $10 million to $15 million.”

Time will tell. The circus is just beginning. We shall see if the clowns or a Ringmaster is in charge.

Til next week-Peace.

A Divided Country Chooses a Charlatan

 

Painting a dark picture of America today, he set groups against each other. He promoted nativism, racism, and intolerance of immigrants, undocumented persons, and others. He claimed to care about women and vowed to be their protector, even as he fragmented their rights. Alternately misogynistic and demeaning, he claimed his opponent was dumb, despite her several degrees. Cheering on the Dobbs decision, he further denigrated women and made vile sexual comments against his opponent. Additionally, he cheered toxic masculinity and just plain lied about almost everything. Even though he claimed to be a friend of those who felt left out, his campaign was funded by big corporations who have been happily exploiting the same people. The Silicon Valley billionaires who disliked regulations poured in millions of dollars. The oil executives, whom he promised to assist, added millions more. And his super fan, Billionaire Elon Musk used his X site as a propaganda machine, spending over 100 million dollars to pump him up on the campaign trail. The Hedge Fund executives and others on Wall Street wanted a lower corporate tax rate and added more funds to the kitty.

Whoever said you cannot buy a presidency in America was wrong.

There seems to be some collective memory deficit depicting Morning in America applied to the first term he served. It was not a Reagan-esque experience at all. My memory includes a massive worldwide Women's March shortly after his inauguration that protested his election. That was followed by his attempt at a Muslim ban that caused consternation across many countries, including our own. Battles from court to court ensued, jeopardizing many Americans and dividing families. Generations of Middle Eastern families who lived here for years suddenly found themselves targeted.

Soon after came the manufactured immigrant crises and family separations. Because these operations were so poorly planned, facilities were incapable of meeting the needs of those detained and children were separated from their families. We later learned this was intentional and used as a deterrent. Sadly, now many years later, there are still children who have not been returned to their families. I cannot measure the damage this has done to these children.

From there, we go to his promise to build a wall paid for by Mexico. (The US-Mexico border is approximately1,954 miles long.) When that did not happen and Congress denied him the funds, he improperly moved money from the Pentagon budget. Various types of the wall were already in place when he took office. He rebuilt some of this (about 654 miles) and claimed this was new. He added only 80 miles of new construction, according to the BBC.

Then we have the international embarrassment he caused at meetings with other leaders. At a major conference, he rudely shoved other leaders to get in the front of a group photograph. He played up meetings with the cruel dictator of North Korea during several events, which amounted to no break-through between the two countries. And downplaying his intelligence briefings, he supported the denial of election interference by the Russian dictator Putin. He publically admired healthy men and other dictators. He tried to pull the US out of our NATO agreements. Also, he closed the nuclear talks with Iran, which have now led to their closer ability to develop nuclear weapons. He pulled out of the worldwide efforts on slowing global climate change and reducing emissions (The Paris Accords) which President Biden reinstated to some extent. International relations further suffered when he tried to buy Greenland and disdained the continent of Africa.

And then we come to the Pandemic. Nothing could have been more poorly managed than this. His denials, saying this would pass in a matter of days, sorely misled the country. As of May 2023, the number of US deaths from COVID-19 were 1,161,164. Statistics have been aggregated since then, but deaths are still occurring, despite vaccines. The total number of cases of infections here was 106.7 million or about one-third of the population, by that May date. This, of course, does not measure the after-effects of long-Covid or the lives disrupted by lost loved ones. Our leader, DJT, downplayed the pandemic, and told people to inject bleach, take animal medications, or use Hydroxychloroquine to treat the disease, none of which worked. He fought the mask mandates, which may not have been effective, but they kept people apart. He fought against social distancing and school closings and disobeyed those rules himself, endangering others. By blaming the Chinese for the virus release, he caused violence to erupt against Asian Americans.

He stoked racial fears after the death of George Floyd amid the protests that followed. He wanted to invoke the Insurrection Act and use the military to contain lawful protests. At the infamous Lafayette Square photo-op, he asked if the protestors could be shot in the knee. His Attorney General denied the use of the military, instead brought in the National Guard and the Park Police to clear the Square of protesters who were already dispersing. These forces used a chemical irritant, although not tear gas, as many thought.

As for the military, he seemed to like tough-sounding generals, but not the troops who died on his watch or elsewhere. Many military families noted dismissive comments about their service or deaths. Senator John McCain was chastised for getting captured and aides were told to not bring limbless veterans to ceremonies. He ducked out of World War ll commemorative events in Europe. Frequently, he showed a lack of historical knowledge, such as when he noted Hitler did some good things.

Regarding the economy, the Dow Jones average on January 1, 2021, was around 31,272. Today it is 43,988, an increase of 43.6% under the Biden-Harris administration. Oh, and Infrastructure week never happened until President Biden got it going.

The price of eggs was  $1.27 in 2021 and is now $2.52. Many producers took advantage of temporary inflation and raised their prices, but have not lowered them since inflation went down. That and the issues of bird flu also raised some prices. But, some people overlooked the issues above because eggs cost more last week. The price of gas was $2.21 in January 2021 and it is now averaged at $3.10 per gallon. Was that 90 cent change worth giving up your rights?

Then, of course, we have the Insurrection brought to you by our former, and soon to be, next, president. Wherein he callously threw his Vice President and his family to a mob he encouraged that chanted “Hang Mike Pence.” By stalling, using the courts, and spending millions on attorneys, he will probably never be brought to justice, even though he was duly indicted by his peers for his support of the insurrection.

After a conviction of sexual abuse and defamation in the E. Jean Carroll case, the jury determined he should pay millions for those offenses. He was convicted of fraud on 34 counts, but successfully delayed his sentencing until after the election, so it may well be moot, if it is not dismissed. New York State convicted his company of business fraud and fined him millions. A friendly judge dismissed his document stealing case on what most assume were improper grounds. That remains under appeal to a Circuit Court. His tamed Supreme Court instead reworked his immunity claim, rightly dismissed by an appellate court, to be almost all-encompassing.

Who says you cannot buy justice in America?

So, America, you have made your choice.

Are you ready for an administration that promised to reduce your health care, change your social security benefits, and, possibly, your retirement age? Are you prepared for greater inflation and limited federal spending that might cause your state to minimize Medicaid benefits? You must know you will spend more for a new house, electronics, and other goods from China and elsewhere, should tariffs be imposed. See an explanation here of the Project 2025 proposals by Fact Check.

Those of you living in red states who decry the involvement of the Federal bureaucracy in your lives, are you ready to return the monies you receive in greater proportion (calculated on a per person basis) than blue states? Will your local school lunch program run effectively without the Federal subsidies, so loved by the agricultural community? Will your mental health, vaccine, and rehab programs continue without support from government agencies? How will your education budget fund special needs programs when the taxes your Republican governors reduced no longer meet the needs of your school?

You cannot plead ignorance. The information was available if you ever stepped away from the propaganda from right-wing media sources, such as Sinclair News and Fox TV.

A recent article in the New York Times Magazine by Amanda Taub described the issue this way:

Right-wing media has become so partisan that it has a similar impact on viewers that government-controlled media does in countries without meaningful press freedom. Extreme politicians and commentators are rewarded with attention, airtime and an improved national profile, while those who advocate moderate policies or bipartisan cooperation can be iced out of media coverage — and perhaps also donors’ and voters’ good graces.

One result is that many of the institutions that keep the democratic game running no longer fully function on the right. The United States still has a free press, but Republican voters primarily get their news from the right-wing ecosystem, where they won’t hear criticism of Republican politicians. Courts still uphold the rule of law, but when judges have been selected and promoted on the basis of their conservative beliefs and partisan loyalty, that inevitably affects how the rule of law is interpreted and implemented. Republican politicians win elections, but the Republican Party is too weak, as an institution, to discipline candidates or politicians who undermine democracy. Sanctions such as presidential impeachment exist on paper, but in practice are now tools for protecting partisan advantage, not democratic norms.

I am not looking forward to seeing Civil Servants who served for many years lose their jobs because they did not support the president, nor do I wish to see our healthcare system treat our elderly citizens poorly, if benefits are cut. All I can do is watch and call out excesses when proposed. I hope you do as well.

In closing, I remain disappointed that an exceptionally qualified woman was not elected. Kamala Harris espoused the values that Americans say they hold dear, but she was held to a different standard than her opponent, who could make wild pronouncements, while her remarks were placed under a microscope. Was her defeat because of a poor message; I doubt it. People wanted an excuse to not vote for if they said that, in my opinion. Was it because of her race or gender? I believe both of these played a part, and I am disappointed in women of every race who did not support her. Why is it that America is one of the few democracies that has never elected a woman as a leader?

I plan to review these issues in future columns as we make our way through the nightmare I expect to come. If so, then to the Ramparts!

Till next week, Peace.

Kamala Harris for President

As of this date, 77.3 million Americans already voted in early voting. Many millions more are already in the mail.

To those who have not yet voted, I say: There is only one choice for president and that has to be VP Kamala Harris. I know the polls say the race is close, and several say that the former president will win the Electoral College. But, there are shifts in the latest data that lean toward the VP. The Selzer poll for the Des Moines Register considered a reliable poll in Iowa, shows Harris leading in Iowa, which is typically a red state. Their survey of the Iowa Congressional races, now with four seats held by Republicans, shows a significant shift in two districts toward the Democratic candidates.

Nate Cohn of the New York Times noted": The Times/Sienna poll shows a dead heat with Harris gaining along with late deciders in the Sun Belt while the Rust Belt tightens."

Nate Silver from the Silver Bullitin's aggregate of polls shows a 50-50 race. However, in the Swing States, he gives DJT the advantage in five of the seven states. Yet Harris may win the popular vote and lose the Electoral College if she doesn't pick up more swing state voters. He concludes by advising voters "to embrace uncertainty and to not be surprised if the breakdown of who wins each state doesn't neatly follow the current polling averages."

The Economist noted its polling data over the years has shown reluctant Trump voters and missed new and young voters. Silver cautioned against polls that herded or over-corrected, so maybe we shouldn't be hanging on every result, but it is difficult to not do so, especially if you, like me, are so convinced the differences between the two candidates are so stark.

I believe the votes from women might be the deciding factor. Some have noted that women voters over 65, who tend to vote Republican, this time may not be doing so. This might be because of the Dobbs' decision, as rights that these women fought for when they were young and thought were settled law, have now been overturned. On Saturday, thousands of women in cities across the country marched to show support for VP Harris.

Over these many months, I showed my readers why I thought DJT was incompetent, amoral, and probably losing cognitive relevance in his daily actions. Indeed, in just the past few days, he irresponsibly suggested Liz Cheney face a firing squad and someone could shoot up the media. I echoed many others as I described his fascist tendencies and his pride in his divisive remarks. Quite simply, he is unfit to ever sit again in the Oval Office, as Liz Cheney noted.

Here are some editorials from major media outlets in recent days:

The New York Times 11/2/24

"You already know Donald Trump. He is unfit to lead. Watch him. Listen to those who know him best. He tried to subvert an election and remains a threat to democracy. He helped overturn Roe, with terrible consequences. Mr. Trump's corruption and lawlessness go beyond elections: It's his whole ethos. He lies without limit. If he's re-elected, the G.O.P. won't restrain him. Mr. Trump will use the government to go after opponents. He will pursue a cruel policy of mass deportations. He will wreak havoc on the poor, the middle class, and employers. Another Trump term will damage the climate, shatter alliances, and strengthen autocrats. Americans should demand better. Vote."

American Business cannot afford another Trump Presidency NYTimes  Oct 16, 2024.

"Executives who convince themselves that they can shape Mr. Trump's decision-making should consider the record of everyone who has tried to ride the tiger in the eight years since he emerged as the leader of the Republican Party. Those expecting his instincts to be tempered by advisers, as sometimes happened during his first term, will be disappointed. His inner circle has been purged of people who say no. In a second Trump term, the secretary of state would not come from Exxon, and the secretary of the Treasury would not come from Goldman Sachs. The smart — and courageous — people have left the room. What remains are loyalists and ideologues and a decision-making process that begins and ends with the question of what is most expedient for Mr. Trump.

As president, he treated the wide-ranging powers of the federal government as instruments to reward friends and to punish enemies. According to a 2019 report by Jane Mayer of The New Yorker, Mr. Trump repeatedly pressured the Justice Department to block the merger of AT&T and Time Warner because he was mad at CNN, a Time Warner subsidiary at the time. Last month he threatened to prosecute Google because, he said, the company "has illegally used a system of only revealing and displaying bad stories about Donald J. Trump."

Los Angeles Magazine begins its endorsement of Kamala Harris with these words: (remarks in part)

"Los Angeles is a melting pot with diverse people and diverse perspectives. Los Angeles is a city of love and not hate. Donald Trump represents an existential threat to everything we love about Los Angeles. He spreads hate and division wherever he goes, as he did recently here during his visit to Pacific Palisades. On the other hand, Vice President Kamala Harris embodies the positivity, professionalism, law and order, and innovation, that we love about our city……

Finally, Donald Trump is clearly unhealthy and is presenting what could be serious dementia-like symptoms at his rallies. What this means: a vote for Trump is more likely a vote for JD Vance.

America and Los Angeles are so much better than that.

But while I could go on at length about Donald Trump's flaws, more ink needs to be spent on what the positive vision is to take America forward……

Vice President Kamala Harris doesn't get our endorsement simply because she is not Trump. Vice President Kamala Harris has earned our endorsement because she has showed she is the most qualified person in America to lead the pro-democracy coalition of Democrats, classic Republicans, and independents. VP Harris has made her candidacy about protecting the core freedoms of Americans. Freedoms like the rights of women to make their own reproductive health decisions. The rights Donald Trump ripped away by placing three Supreme Court Justices in a calculated effort to overturn Roe v. Wade…….

VP Harris promises to be a President for all Americans.
For us, this choice is simple. This choice is about real patriotism. This choice is about our future. The future of America. The future of Los Angeles. We endorse VP Kamala Harris for President of the United States."

The Economist endorsed Kamala Harris in a somewhat backhanded way–well it's British, you know, by saying: (cropped remarks)

"If The Economist failed to foresee so much in 2016, why heed our warning now? The answer is that today the risks are larger. And that is because Mr Trump's policies are worse, the world is more perilous and many of the sober, responsible people who reined in his worst instincts during his first term have been replaced by true believers, toadies, and chancers.

Good presidents unite the country. Mr Trump's political genius is for turning people against each other. After the death of George Floyd, he suggested the army shoot protesters in the leg. America's prosperity depends on the idea that people are treated fairly, regardless of their politics; Mr Trump has threatened to turn the Justice Department on his political enemies.

Next to Mr Trump, Kamala Harris stands for stability. True, she is an underwhelming machine politician. She has struggled to tell voters what she wants to do with power. 

It is hard to imagine Ms Harris being a stellar president, though people can surprise you. But you cannot imagine her bringing about a catastrophe.

Presidents do not have to be saints and we hope that a second Trump presidency would avoid disaster. But Mr Trump poses an unacceptable risk to America and the world. If The Economist had a vote, we would cast it for Ms Harris. "

So now we wait and wait; I can only hope that the election proceeds without disruption and that our country can move forward with Kamala. I am not the best reader of tea leaves here, but with the polls as they are, tea leaves might work as well as anything else!

To distract you from your worries, I present some views from the Smithsonian Zoo Cam of the newly arrived pandas. Bao Li and Qing Bao are the names of the new pandas who will be in quarantine away from the public until January. Bao Li, a male, is a grandchild of Mei Xiang and Tian Tian, and whose parent, Bao Bao was born at the D.C. zoo. Watch them play and try to not worry too much.

Til later this week, as I hope to have happy news; so with fingers crossed- Peace.