robertreich:

THE NEXT CRASH

Sorry to deliver the news, but it’s time to worry about the next crash.

The combination of stagnant wages with most economic gains going to the top is once again endangering the economy. 

Most Americans are still living in the shadow of the Great Recession that started in December 2007 and officially ended in June 2009. More have jobs, to be sure. But they haven’t seen any rise in their wages, adjusted for inflation.

Many are worse off due to the escalating costs of housing, healthcare, and education. And the value of whatever assets they own is less than in 2007.Which suggests we’re careening toward the same sort of crash we had then, and possibly as bad as 1929.

Clear away the financial rubble from those two former crashes and you’d see they both followed upon widening imbalances between the capacity of most people to buy, and what they as workers could produce. Each of these imbalances finally tipped the economy over.

The same imbalance has been growing again. The richest 1 percent of Americans now takes home about 20 percent of total income, and owns over 40 percent of the nation’s wealth.

These are close to the peaks of 1928 and 2007.

The underlying problem isn’t that Americans have been living beyond their means. It’s that their means haven’t been keeping up with the growing economy. Most gains have gone to the top.

But the rich only spend a small fraction of what they earn. The economy depends on the spending of middle and working class families.

By the first quarter of this year, household debt was at an all-time high of $13.2 trillion. Almost 80 percent of Americans are now living paycheck to paycheck.

It was similar in the years leading up to the crash of 2007. Between 1983 and 2007, household debt soared while most economic gains went to the top. If the majority of households had taken home a larger share, they wouldn’t have needed to go so deeply into debt.

Similarly, between 1913 and 1928, the ratio of personal debt to the total national economy nearly doubled. After the 1929 crash, the government invented new ways to boost wages – Social Security, unemployment insurance, overtime pay, a minimum wage, the requirement that employers bargain with labor unions, and, finally, a full-employment program called World War II.

After the 2007 crash, the government bailed out the banks and pumped enough money into the economy to contain the slide. But apart from the Affordable Care Act, nothing was done to address the underlying problem of stagnant wages.

Trump and his Republican enablers are now reversing regulations put in place to stop Wall Street’s excessively risky lending.

But Trump’s real contributions to the next crash are his sabotage of the Affordable Care Act, rollback of overtime pay, burdens on labor organizing, tax reductions for corporations and the wealthy but not for most workers, cuts in programs for the poor, and proposed cuts in Medicare and Medicaid – all of which put more stress on the paychecks of most Americans.

Ten years after the start of the Great Recession, it’s important to understand that the real root of the collapse wasn’t a banking crisis. It was the growing imbalance between consumer spending and total output – brought on by stagnant wages and widening inequality.

That imbalance is back. Watch your wallets.

HBO Host To GOP Women: ‘Your Whiteness Will Not Actually Save You From What Patriarchy Has For You’

crooksandliars:

HBO guest host Brittany Packnett warned white Republican women that they will not be protected from male oppression just because of the color of their skin.

Packnett, an activist for Teach for America, made the remarks during HBO’s weekly Pod Save American program.

“Let’s talk about our sister Stormy Daniels because she absolutely does not deserve the way that this president has been talking about her,” Packnett said. “But here’s what, frankly, worries me. This ‘president’ – yeah, I used air quotes – he has been talking horribly about women since he was a candidate.”

“He admitted to being a sexual assaulter when he was a candidate and 53 percent of white women went ahead and elected him anyway,” she lamented. “So let me talk to my white sisters for a second. I just want to issue a warning and I hope you are listening closely.”

Packnett continued: “I want you tell your mamas and your aunties and your grandmothers – from me – to stop selling us out! Listen, I know it’s really hard but your whiteness will actually not save you from what patriarchy has for you.”

According to Packett, women should learn from the way Dr. Christine Blasey Ford was treated when she testified against then-Supreme Court nominee Brett Kavanaugh.

“Right?” Packett pointed out. “We all know what happened to her when she decided to stand up and be a patriot in this country and try to save the rest of us.”

read more

HBO Host To GOP Women: ‘Your Whiteness Will Not Actually Save You From What Patriarchy Has For You’

newyorker:

Sinclair is the largest owner of television stations in the United States, with a 192 stations in 89 markets. It reaches 39% of American viewers. The company’s executive chairman, David D. Smith, is a conservative whose views combine a suspicion of government, an aversion to political correctness, and strong libertarian leanings. An ardent supporter of Donald Trump, he has not been shy about using his stations to advance his political ideology. Sinclair employees say that the company orders them to air biased political segments produced by the corporate news division, and that it feeds interviewers questions intended to favor Republicans.

churchaltar:

“…Kavanaugh was setting a tone. Embedded in the histrionics were the unmistakable notes of fury and bullying. Kavanaugh shouted over Dianne Feinstein to complain about the “outrage” of not being allowed to testify earlier; when asked about his drinking, by Sheldon Whitehouse, he replied, “I like beer. You like beer? What do you like to drink, Senator?” with a note of aggressive petulance that is hard to square with his preferred self-image of judicious impartiality and pious Sunday churchgoing. Lindsey Graham eagerly took up the angry-man mantle, using his allotted five minutes of questioning to furiously shout at his Democratic colleagues. What we are seeing is a model of American conservative masculinity that has become popular in the past few years, one that is directly tied to the loutish, aggressive frat-boy persona that Kavanaugh is purportedly seeking to dissociate himself from. Gone are the days of a terse John Wayne-style stoicism. Now we have Trump, ranting and raving at his rallies; we have Alex Jones, whose habit of screaming and floridly weeping as he spouts his conspiracy theories is a key part of his appeal to his audience. When Kavanaugh is not crying or shouting, he uses a distinctly adolescent tone that might best be described as “talking back.” He does not respond to senators. He negs them. His response, when he is asked about his drinking, is to flip the question and ask the senators how they like their alcohol; his refusal to say whether he would coöperate with an F.B.I. investigation brings to mind a teen-ager stonewalling his parents. If Kavanaugh is trying to convince the public that he could never have been capable, as a teen-ager, of aggression or peer pressure, this is an odd way to go about it.”

Brett Kavanaugh and the Adolescent Aggression of Conservative Masculinity

Dear Anonymous Trump Official, There Is No Redemption in Your Cowardly Op-Ed

DEAR ANONYMOUS TRUMP OFFICIAL,

You claim, on the opinion pages of the “failing” New York Times no less, that senior officials working for the president of the United States “are working diligently from within to frustrate parts of his agenda and his worst inclinations.”

“I would know,” you add dramatically. “I am one of them.”

Sorry, what was the point of this particular piece? And what is it that you want from the rest of us? A thank-you card? A round of applause? The nation’s undying gratitude?

Screw. You.

There is no redemption; no exoneration for you or your colleagues inside this shit-show of an administration. You think an op-ed in the paper of record is going to cut it? Gimme a break. You cannot write an article admitting to the president’s “anti-democratic” impulses while also saying you want his administration “to succeed.” You cannot publish a 965-word piece excoriating Donald Trump’s “worst inclinations” while omitting any and all references to his racism, bigotry, Islamophobia, anti-Semitism, and white nationalism.

You did find space, however, to heap praise on yourself and your fellow officials. “Unsung heroes.” “Adults in the room.” “Quiet resistance.” “Steady state.”

Are you kidding me? Where were your “unsung heroes” when this administration was snatching kids from their parents and locking them in cages? Drugging them and denying them drinking water?

Where were your “adults in the room” when this administration left 3,000 Americans in Puerto Rico to die because, apparently, it is an island “surrounded by water, big water, ocean water”? Where were they when the president was denying that Hurricane Maria was a “real catastrophe” and lobbing paper towels at the survivors?

Where was your “quiet resistance” when the president was extolling far-right racists as “very fine people” and blaming the violence in Charlottesville on “both sides”? How “quiet” were you when he later disowned his half-hearted and belated denunciation of the “KKK, neo-Nazis, white supremacists and other hate groups” as “the biggest fucking mistake I’ve made”?

Where was your “steady state” when the president fired the director of the FBI because, he told NBC News, “this Russia thing with Trump and Russia is a made-up story”? Or when he sacked Preet Bharara, U.S. attorney for the Southern District of New York, and Sally Yates, the acting attorney general? Or when he tweeted, earlier this week, that Attorney General Jeff Sessions shouldn’t have indicted two Republican allies of his over alleged financial crimes?

The reality is that you and your fellow officials are enablers of Trump; you are his protectors and defenders. You say it yourself. Why were there only “whispers within the cabinet of invoking the 25th Amendment,” which provides for the cabinet to remove the president from office if he is unable to do the job? Why not invoke it and let Mike Pence take over? (Are you, by the way, Mike Pence?)

If as you claim — and we all agree! — that the president you serve “continues to act in a manner that is detrimental to the health of our republic” with “misguided impulses,” then how can you advocate for anything other than his swift removal from office?

Your defense is that “no one wanted to precipitate a constitutional crisis.” Seriously? You don’t agree with former Secretary of State John Kerry that we’re already in the midst of “a genuine constitutional crisis,” given your own op-ed outlining his “erratic behavior” and “reckless decisions” and Bob Woodward’s new book describing “an administrative coup d’etat” and a “nervous breakdown” at the center of the Trump White House?

You are keen to remind the liberal readers of the New York Times that yours “is not the popular ‘resistance’ of the left” and that you believe this administration’s policies have “already made America safer and more prosperous.” You cite “historic tax reform” and “effective deregulation” as the supposed “bright spots that the near-ceaseless negative coverage of the administration fails to capture.” But by tax reform, do you mean the Trump tax cuts that give the richest 1 percent of Americans almost half of the benefits? And by deregulation, do you mean the rescinding of Obama-era protections for the oceans; the lifting of controls on toxic air pollution; and the green light to Wall Street to once again cause havoc in the financial markets?

What is it, then, that you object to? Well, it seems, your biggest concern is “not what Mr. Trump has done to the presidency,” but how Americans have “sunk low with him and allowed our discourse to be stripped of civility.”

You’re joking, right? The widespread dishonesty, the rampant corruption, the brazen racism, the growing authoritarianism, the accusations of collusion — none of that tops your list of Trumpian abuses and infractions? But the “civility” of our discourse does? Fuck civility.

Also, what did you think would happen when you signed up to work for a reality TV star who was accused of sexual assault by more than a dozen women, and of rape by his first wife? Who stiffed hundreds of contractors, ripped off Trump University students, cheated on his third wife just months after she gave birth, and cut off health care coverage to his own nephew’s sick baby in a fit of rage?

You knew all of this and yet you still chose to work for him at the highest level of government. You now acknowledge that “the root of the problem is the president’s amorality.” But how about your own amorality? I hate to agree with your boss, but you are “gutless.” You’re a shameless coward, a cynical opportunist.

Don’t hide behind anonymity. Don’t pretend that you have “gone to great lengths” to restrain Trump and “put country first.”

Tell us your name. Quit your job. Call out this president in public.

Call him out for his bigotry, his mendacity, his sheer mental and emotional unfitness for the office he occupies. Call him out in front of a congressional committee. Or a court of law.

Otherwise, I say again: Screw. You.

Sincerely,

Mehdi Hasan

https://theintercept.com/2018/09/06/dear-anonymous-trump-official-there-is-no-redemption-in-your-cowardly-op-ed/

Dear Anonymous Trump Official, There Is No Redemption in Your Cowardly Op-Ed

thefingerfuckingfemalefury:

cheskamouse:

mikkeneko:

anauthorandherservicedog:

gertiecraign:

sethevans495:

Flush them all

THIS!

This is the election that counts. Start educating yourself now on who will be campaigning to be your congresspeople/governor/etc. 

Register to vote NOW. Don’t wait. You can do it any time.

This is the fight we need to win.  VOTE 

VOTE 

VOTE

Also…reminder to pay attention to all local elections and VOTE. These elected officials are the people most likely to directly impact your life in the short term. 

This has to start now. Right now.

Get your birth certificates. There may be a fee or long wait times. Make sure you get a certified copy.

Make sure you have ID. Dig into your state’s laws and the whole Real ID thing, because (and sorry I can’t research this now, but pneumonia) I believe there are certain states whose driver’s licenses don’t qualify for Real ID.

Make sure you’re registered to vote. Google it. Follow the instructions for your state.

Know where your local polling place is or find out if you can vote by mail.

Vote in ALL your upcoming elections. Yes, that means the little ones for city council or dog catcher or whatever. Vote those racist, homophobic, bigots out at every level.

They’re like weeds. You can pull up every visible bit, but if you leave one tiny segment of root, they’ll just come back.

To quote Mira Grant, rise up while you can. Because the Republicans are way the hell worse than zombies.

Here’s how to check which district you’re in and who your rep is.

Here’s how to find out if you’re registered.

Here are the deadlines for when to register.

Here’s how to register, if it turns out you’re not.

Here’s how to find local polling places.

BOOOOOOOOOOOOOOST!

What Must We Do Now?

robertreich:

My friends, this is a dark hour. Intolerance, cruelty, racism, misogyny, xenophobia, and environmental destruction have been let loose across the land.

Trump controls the Republican Party, the Republican Party controls the House and Senate, and the Senate and Trump will soon control the Supreme Court.

Republicans also control both chambers in 32 states (33 if you count Nebraska) and 33 governorships. And in many of these states they are entrenching their power by gerrymandering and arranging to suppress votes.

Yet only 27 percent of Americans are Republican, and the vast majority of Americans disapprove of Trump. The GOP itself is now little more than Trump, Fox News, a handful of billionaire funders, and evangelicals who oppose a woman’s right to choose, gay marriage, and the Constitution’s separation of church and state.

So what are we – the majority – to do?

First and most importantly, do not give up. That’s what they want us to do. Then they’d have no opposition at all.

Second, in the short term, if you are represented by a Republican senator, do whatever you can to get him or her to reject Trump’s Supreme Court nominee, or, at the least, postpone consideration until after the midterm elections. Urge others to join with you. Senate switchboard: 202-224-3121

Third, make a ruckus. Demonstrate. Engage in non-violent civil disobedience. Fight lies with truth. Join the resistance. @IndivisibleTeam @swingleft @UpRiseDotOrg @MoveOn @Sister_District @flippable_org.

Fourth, don’t succumb to divisive incrimination over “who lost” the 2016 election (Hillary loyalists, Bernie supporters, Jill Stein voters, etc.). This will get us nowhere. We must be united.

Fifth, vote this November 6 for people who will stand up to the Trump Republican outrage. Mobilize and organize others to do so. Contact friends and relations in “red” states, and urge them to do the same.

Sixth, help lay the groundwork for the 2020 presidential election, so that even if Trump survives Mueller and impeachment he will not be reelected.

Finally, know that this fight will be long and hard. It will require our patience, our courage, and our resolve. The stakes could not be higher.

democracynow:

Meet the Migrant Child Detention Center Whistleblower Now Speaking Out Against Family Separations

A youth care worker who quit his job at a Tucson detention center for unaccompanied minors is speaking out about inadequate facilities, untrained staff and inhumane policies, after witnessing the devastation of family separations firsthand. Antar Davidson says he quit after he was forced to tell three tearful children who were separated from their mother not to hug one another. The facility is run by Southwest Key, a nonprofit that operates 27 facilities and has recently signed a lease to detain hundreds of separated children, including many who are a younger than 12 years old, in what’s being called a “baby jail” in a former warehouse and homeless shelter in Houston.

Antar Davidson told Democracy Now!:

“I realized that if I were to continue with Southwest Key, at least here in this facility, that I’d be told to do things that were… against the code of all humans’ morality… We’re not talking about an organization that was good. We’re talking about an organization that, for the past five years, has made millions of dollars in basically the detention of youth.”

Watch the full interview here.

The idea that Texas will be eternally red I think is a false one. But when it will turn is hard to say. Once it does turn, though, if you take the largest red state and add it to the blue column, the politics of America totally transform.

Lawrence Wright, Pulitzer Prize-winning journalist and author of God Save Texas (via nprfreshair)