Entries Tagged 'Corruption' ↓

WORD of the DAY – SCOTUS

I FIND IT AMAZING THAT WHAT DONALD TRUMP DID TO MAKE THE HUSH MONEY TRIAL HAPPEN ECHOES HOW THE ROBERTS’ SUPREME COURT HAS NOW BEEN ACTING IN THE SAME WAY.   

When I first started to blog on Brucenomics.com I added on my side bar books that talked about how right-wing conservatives were setting up within Academia from coast to coast, a Scheme that even spread as far as Russia late in the twentieth century.

THE SCHEME  – SENATOR WHITE HOUSE’ BOOK– A Review

The East Coast Scheme was funded by two conservative right-wing academics’ grants:  James M. Buchanan, Nobel Prize winner, and Gordon Tullock at George Mason University.

All during the 20th century these men sought funds to spread their plans to to weaken our Supreme Court. They were Libertarians who wanted to create a smaller government in the United States.

These Libertarian Academics provided federal judges with workshops in Florida every summer – with all expenses paid to lecture them in libertarian views of smaller government, good food, and access to golf courses.

The West Coast Scheme of our century is being now being funded by billionaires. (The Koch family members and other oil barons) The West Coast is now passing  piles of dark money to put federal judges aiming ultimately to get favors done for the male members at the Supreme Court.

Back in the late 20th century many right-wing politicized groups were forming, like those in the Tea Party. As a back-of-the book indexer, I created a ten volume book index set for for Tullock and Buchanan. These Tea Party books often had identified the word “liberty” in its titles and pages.

Senator White House calls them ‘Front Groups’

The Senator’s book, The Scheme is far more comprehensive than my earlier blogs. So today I’m going to talk about a few of the pages from Senator Whitehouse’ book because they are is as shocking as the Alioto upside-down American flag.

HOW SCOTUS OPERATES

Starting on Page 124, here is how Senator Whitehouse’ Book is comparable to how Donald Trump’s Hush money trial is similar to how the Supreme Court operates.

The Donald Trump Hush money trial was about hiding the truth about a former President so rich and powerful   that he conspired to fool the public that his comtemt of women was not revealed to the public.

The male Justices at SCOTUS also are so powerful they too have taken millions of dollars from dark money billionaires who have an axe to grind.

Justices, Thomas,  Alioto, and Gorusch et.al. are not taking cases from the American people –  they are making up cases, inviting their ‘Front Groups’ in to find someone who will win their cases for them or lose in court.

These justices do not rely on precedent or real facts of their made-up cases. Justice Thomas is clearly there to kill precedents. And these days, they only talk in turns about hypotheticals and ridiculous upside-down ideas. These justices are so keen to bury precedents and real facts. And then to rake in lots of dark money .

For years  they have relied on  5 to 4 court rulings to get their pet peeves accepted by the phony results in their fake cases.

And just like Donald Trump they take all the money these male justices can while the female justices protest against their lost cases and cry.

TWO EXAMPLES

On page 127 there is an example of a union-busting case involving  Justice Gorsuch who was appointed in 2017.

The  5 to 4 court  results reopened  and the Front Groups’ rushed in on the question of unions “fair share dues”. The male Justices created a fast lane to the Supreme majority that they were so eager to throw out the union’s law case. As it turned out even with all the rush they were too late.

Justice Scalia died before the case was decided, depriving the union-busting 5-4 door reopened.

“The party in that second case as with an amicus plaintiff, Mark Janus, a home health aide, was in the Friedrichs case.  Justices asked Janus to lose the case. Justice Gorsuch rushed back to the friendly Supreme Court–with no record, no witnesses, no evidence of the likely consequences of the ruling. Gorsuch voted as predicted, and out went a precedent that unions, cities, and states that had been forty years old.”

Note: I have worked in several factories with unions during my life. At the first factory a woman from Europe felt that she was a faster worker than the rest of us when the union was formed. She said she would not pay her share of dues that the rest of us owed. The union lost most of their battles and management took away their pay for overtime. This happened just as I left to drive away to college in the Sixties.

SOURCES : See also Supreme: Court can’t collect ‘fair share’ fees

[Think that union happened decades long ago?  No! It was in 2018.] And as I write this Justice Alito is perhaps now now airing out his pet peeves on some other fake case.]

WORD of the Day – STAGFLATION

May 13th, 2019 | Economics and Investing, Jobs

Those of us who lived through recession during Jimmy Carter’s Presidency will remember this word—stagflation.
During Carter’s time in office we had long-lasting rise in unemployment and even gasoline rationing – onecould only fill up on certain days of the week.

It was a frustrating time for me as, with two graduate college degrees I stood in a line of 200 unemployed workers in South Carolina trying for a grocery store’s cashier job.

Stagflation is a word that conflates inflation with stagnation into one word.

First inflation comes about because there is “too much money chasing too few goods”. (And since our tariffs on imports are a tax on U.S. consumers, we expect prices of U.S.-made goods will go up in a trade war).

Then, if the government does nothing to curtail inflation, will come layoffs of workers.

After that, if too many Americans aren’t able afford to buy higher-priced U.S. goods, we’ll have stagnation occur in our economy because the production of goods and services slows down or even starts to decline.

Note too that the US. is a debtor country. We import $3.1 trillion and export only $2.5 trillion in goods and services.

Trump’s tariffs are threatening us with this fate again. Here’s why.
Today the stock market is plunging downwards. The reason is Trump’s tariffs. China has retaliated.

And China is angry. We import around three to four times as many goods from China as China imports from us. China has more to lose from Trump’s two hundred- to over three hundred-billion dollar tariffs on its imports to the U.S.

As the costs of buying Made in China exports rise, consumers will pay more for Made in America goods. That will cause inflation in the short run as American shoppers vie for the limited supply of U.S. consumer goods.

Supposedly that will create more jobs over the long run. But here’s the rub.

The 2018 tax change shifted billions of dollars from the poor and middle class to the rich. Now even more Americans will be unable to bridge the financial gap to pay higher prices for American goods.

The rich know this and they are selling their shares of stocks. This means less in the pockets of corporations.

Even if that tax law hadn’t weakened the market for domestic American consumer goods already, there was little expectation that U.S. corporations were going to create a significant number of new jobs in manufacturing or raises in wages for working people.

That’s because corporations are spending their money on buybacks, buyouts of other companies, bonuses to managers, and and dividends to shareholders. This is where they will cut down on their expenses.

In addition, many manufacturing industries such as steel and aluminum have already disappeared in the U.S. as China and other countries, including our now-tariffed allies in Canada and Europe, as we bought more and more of their exports of good to us.

The costs of starting up those defunct industries again will be very high.

Already we have seen farmers complaining about what is happening to them in the U.S. from the effects of tariffs on food products. Uncertainty is the anathema for markets.

This is where the danger of stagflation comes in. When inflation (people chasing limited supplies of goods) causes shortages in the goods markets, there has to be an expansion of the supply of those goods.

In other words supply-side economics does not work unless the demand-side is working too. Here the long- term outlook is grim. Who is going to pay for manufacturing to start up again?

A statistic I heard recently is is from a study that found three men in the United States hold half of the wealth of our country. Bill Gates, Jeff Bezos, and Warren Buffett are worth a combined total of $2,68 trillion dollars.

Meanwhile “one in five US households live in what the report’s authors call the ‘underwater nation,’ with either zero or negative wealth.”

Without huge government support for farming and manufacturing in the U.S., declining demand for non- essential consumer goods will in the long-run lead to stagflation.

But where are the taxpayers who are supposed to pay for the vital increasing demand for starting up or funding existing farming, manufacturing, and other sectors of the economy? Our economy could stagnate if the minority of U.S. taxpayers are struggling to survive—and/or working at jobs paying minimum wage jobs, $7.50 an hour. All the while wealthy people are paying zero taxes.

Our services sector is the biggest industry sector is the U.S. today. Many of the workers in this sector are paid minimum wages. Many of those work in service and retail industries will be the first to become unemployed. Those in other sectors may soon find themselves out of work as well.

Stagflation was a word created after the Japanese economy in the 1970s had stalled after a huge period of inflation set in.

I can’t predict the future, but given what I see happening and not happening now, it is far more likely that in the long run, the U.S. will be unable to pull out of a period of inflation without falling backwards into stagflation.

And those of us who remember stagflation, recall that it took a years for the U.S. to recover from stagflation and decades for the Japanese economy to rebound from stagflation.

Ari Melber’s “Inside Trump’s Election Plot”

This show on MSNBC TV this month shows clearly how Donald Trump could have won the 2020 election on January Sixth.

1) COURT CASES Trying to get up to Supreme Court, Rudy Giuliani & Sidney Powell spearheaded fifty-seven frivolous cases for court – seven not heard, fifty others (2021)  – FAILED

2) FAKE ELECTORS  Scott Perry, PA Congressman, convinced Mark Meadows, Trump’s Chief of Staff,  to recruit slates of Fake Electors in Swing States (11/28) – FAILED

3) EASTMAN PLAN Student Law clerk to Justice Thomas & Professor, John Eastman urged GOP State legislators ignore the vote, & take over  results (“Legislative Override”) (12/7) – FAILED

4) MILITARY COUP  Peter Navarro, Michael Flynn, and Sidney Powell urged Trump to have military seize State voting machines (12/18) – FAILED

5) GREEN BAY SWEEP GOP gathered & locked out outsiders. Eastmans’s plan. 130 Congressmen & 8 Senators were ready to challenge votes on Jan. 6th – (12/31) – FAILED

6) LEGISLATURE OVERRIDE – Trump & Senator Graham phoned officials in Georgia to find Trump more votes and called on GOP State legislators to take power over votes – (1/2) FAILED

7) DOJ CONSPIRACY – Trump sought to fire Justice Dept. head & hired Jeffrey Clark attorney with no criminal expertise. Clark’s assistant sent letters to Swing States’ GOP to begin Legislative Overrides(1/3) FAILED

8) THE PENCE PLAN – Eastman designated VP Pence Green Bay Sweep Quarterback. Pence was badgered day and night to slow down the vote and substitute fake electors for the certification of votes (1/6) – FAILED

THE EVENING OF JANUARY SIXTH

When the Secret Service took President Trump back to the White house and he realized his rioters were not going to be able to win their battle with the police, Trump spent his last hours on January Sixth calling Rudy Giuliani and his loyal GOP Congressmen begging them to slow down the vote certification. But that was too late. Why? Donald had a Plan B deadline.

DONALD TRUMP’S PLAN B

By law if any of Donald Trump’s eight coup plans had managed to work to halt the vote certification it could have caused a Constitutional Crisis. In that case Congress would be called upon to vote to finish the certification a different way. Congress would have to vote State by State: each State having only 1 vote. Red states would win that vote over fewer Blue states in U.S. Donald Trump would have become President on January Seventh – SUCCESS