26 thoughts on “News/Politics 10-14-17

  1. The FBI caught lying again, and again, it’s to protect Hillary. Looks like Comey shouldn’t have been the only one fired, and here’s further proof his firing was justified.

    https://www.judicialwatch.org/press-room/press-releases/fbi-finds-30-pages-clinton-lynch-tarmac-meeting-documents-wants-six-weeks-turn-docs/

    “Judicial Watch was informed yesterday by the U.S. Department of Justice (DOJ) that the FBI has located 30 pages of documents related to the June 27, 2016, tarmac meeting between former Attorney General Loretta Lynch and former President Bill Clinton, and proposes non-exempt material be produced no later than November 30, 2017 (Judicial Watch v. U.S. Department of Justice (No. 1:16-cv-02046)).

    The new documents are being sent to Judicial Watch in response to a Freedom of Information Act (FOIA) lawsuit filed after the Justice Department failed to comply with a July 7, 2016, FOIA request seeking the following:

    All FD-302 forms prepared pursuant to the Federal Bureau of Investigation’s investigation of former Secretary of State Hillary Clinton’s use of a private e-mail server during her tenure.
    All records of communications between any agent, employee, or representative of the Federal Bureau of Investigation regarding, concerning, or related to the aforementioned investigation. This request includes, but is not limited to, any related communications with any official, employee, or representative of the Department of Justice, the Executive Office of the President, the Democratic National Committee, and/or the presidential campaign of Hillary Clinton.
    All records related to the meeting between Attorney General Lynch and former President Bill Clinton on June 27, 2016.

    The FBI originally informed Judicial Watch they did not locate any records related to the tarmac meeting. However, in a related case, the Justice Department located emails in which Justice Department officials communicated with the FBI and wrote that they had communicated with the FBI. As a result, by letter dated August 10, 2017, from the FBI stated, “Upon further review, we subsequently determined potentially responsive documents may exist. As a result, your [FOIA] request has been reopened…”

    (Surprisingly, the Trump Justice Department refuses to disclose the talking points developed by the Obama Justice Department to help it respond to press inquiries about the controversial June 27, 2016, tarmac meeting between Loretta Lynch and Bill Clinton at Phoenix Sky Harbor International Airport.)

    On June 27, 2016, Attorney General Loretta Lynch met privately with former President Bill Clinton on board a parked private plane at Sky Harbor International Airport in Phoenix, Arizona. The meeting occurred during the then-ongoing investigation of Mrs. Clinton’s email server, and mere hours before the Benghazi report was released publicly involving both Mrs. Clinton and the Obama administration. Judicial Watch filed a request on June 30 that the U.S. Department of Justice Office of the Inspector General investigate that meeting.

    “The FBI is out of control. It is stunning that the FBI ‘found’ these Clinton-Lynch tarmac records only after we caught the agency hiding them in another lawsuit,” stated Judicial Watch Tom Fitton. “Judicial Watch will continue to press for answers about the FBI’s document games in court. In the meantime, the FBI should stop the stonewall and release these new records immediately.”

    This case has also forced the FBI to release to the public the FBI’s Clinton investigative file, although more than half of the records remain withheld. The FBI has also told Judicial Watch that it anticipates completing the processing of these materials by July 2018.

    There is significant controversy about whether the FBI and Obama Justice Department investigation gave Clinton and other witnesses and potential targets preferential treatment.”

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  2. The Cult can keep trying to find reasons that Comey should have been fired. Trump himself has already blurted out to Lester Holt and the Russian Ambassador that the actual reason he did fire Comey is that he didn’t like Comey’s investigation of Russian interference in the election.

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  3. I dont understand both the republican and democratic fascination with Clinton. The latter needs to run away from them quickly and build a more leftist party with a clear platform not bought by the corporatist center. A return to FDR is in order. As for the Republicans, they need to clean the stench from their own house before worrying about some has been politician.

    The evangelical lobby made a deal with the devil. It will be interesting to see the long term fall out.

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  4. HRW, My Democrat friends are torn between thinking they need 1. An Anti-Trump; or
    2. Their Own Trump.

    Most would prefer the Anti-Trump. This would be a competent governor or someone else with executive experience who would:
    1. Have a basic understanding of our form of government and the duties and powers of the president;
    2. Behave appropriately around other world leaders;
    3. Not engage in constant verbal duels with actresses, the press, his own cabinet, Senators, Department stores, etc.
    4. Be able to work with Congress (which they believe they will control after the Trump debacle) to push a liberal agenda.

    However, many Democrats fear that an Anti-Trump would not have appeal to morons who seem to be the fastest growing voter group. They believe the Democrats must turn to their own celebrity, who may be as ignorant and unqualified as Trump, to bring back the idiot vote. They fear that a JayZ, a Zuckerburg, a Cuban or even a Kardashian might defeat their Anti-Trump in the primaries even as Trump defeated intelligent and sane Republicans last year.

    For this reason, I know Democrats who would back an Oprah or a Tom Hanks with the idea that a sane celebrity might grow in the job and should be able to defeat Trump if he is still in office and running again.

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  5. In this book, Zakaria makes a fine case that democracy doesn’t work in all countries. He concludes that a nation needs to achieve a certain level of economic development before democracy can work.

    https://newrepublic.com/article/90784/fareed-zakaria-democracy

    I have concluded that once a nation is exposed to a certain amount of marijuana, alcohol, opioids, the Kardashians, The View and Hannity, democracy no longer works well.

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  6. Bob, You might read a little of the book before you judge. I can assure you Zakaria’s IQ is at least 30 points higher than Hannity’s or Trump’s.

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  7. This article shows: 1. The percentage of all US income taxes paid by each income group; 2. The average effective tax rate by income group (our system is fairly progressive); and 3. The revenue lost because of various personal and corporate income tax deductions.

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  8. The 35% US corporate income tax rate is largely a myth because of loopholes. People and companies who benefit the most should be paying much more taxes, but because of loopholes and political corruption, they are not.

    This long term study of 258 Fortune 500 companies between 2008 and 2015 (the Obama years) was quite shocking and demonstrates how corrupt our system has become. For example, I was stunned to learn that even in their profitable years, I paid more income tax than some companies like Facebook, Netflix, and General Electric, who paid none whatsoever. This ought to NEVER happen.

    And lest some be tempted to think that this is a Democrat phenomenon rather than a globalist, big business, dirty politics phenomenon, the article cites their previous studies that indicate the problem was even worse during the Bush years.
    This bipartisan corruption was, I believe, one of the largest factors driving people away from the mainstream candidates in the primary, and ultimately, in the general election.

    https://itep.org/the-35-percent-corporate-tax-myth/#yearbyyearcharts

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  9. Ricky @5:08, it appears your Democratic pals are looking for Hillary 2.0. Republicrats could live with that I suppose, but they won’t win the general election in this climate. There are too many voters on both sides of the aisle who have seen the error of their ways in continuing to support the self-interest of the few at the expense of their own (and the whole country’s) long-term welfare and survival.

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  10. Debra, Is “Republicrats” the term you now use for Trumpkins? Those who are with liberals like Sanders on entitlement reform and free trade?

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  11. Debra, Here is an article that shows the actual effective income tax rate on US corporations. If you read this and the tables from 1:53 you will see that only those individuals who earn more than $500,000 per year pay income tax at a higher rate than the average US corporation.

    https://www.cbpp.org/research/federal-tax/actual-us-corporate-tax-rates-are-in-line-with-comparable-countries

    Please understand, I don’t support Trump’s corporate tax cuts or his individual tax cuts. I do favor tax reform along the lines of Reagan’s 1986 bill. That would level the field and prevent some individuals and companies from being treated better than others at the same Income level. Meaningful tax reform isn’t going to happen. As demonstrated in the 1980s, that requires a competent president and a reasonably intelligent and informed electorate. We won’t see those two things again in our lifetimes.

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  12. Speaking of Reagan, there’s even a hat-tip to Reagan in the article I cited above:

    How do our results for 2008 to 2015 compare to corporate tax rates in earlier years? The answer illustrates how corporations have managed to get around some of the corporate tax reforms enacted in 1986, and how tax avoidance has surged with the help of our political leaders.

    By 1986, President Ronald Reagan fully repudiated his earlier policy of showering tax breaks on corporations. Reagan’s Tax Reform Act of 1986 closed tens of billions of dollars in corporate loopholes, so that by 1988, our survey of large corporations (published in 1989) found that the overall effective corporate tax rate was up to 26.5 percent, compared to only 14.1 percent in 1981-83.[2] That improvement occurred even though the statutory corporate tax rate was cut from 46 percent to 34 percent as part of the 1986 reforms.[3]

    In the 1990s, however, many corporations began to find ways around the 1986 reforms, abetted by changes in the tax laws as well as by tax-avoidance schemes devised by major accounting firms. As a result, in our 1996 to1998 survey of 250 companies, we found that their average effective corporate tax rate had fallen to only 21.7 percent….

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  13. Debra, Have you noticed how Wall Streeters Cohn and Mnuchin are setting Trump’s economic policies? Wall Street could buy Hillary with dollars. Those folks (like everyone else) can buy Trump with flattery and attention.

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  14. I have. And it would be more discouraging if I was naive enough to think Trump can (or would) solve the problems on his own. But I think he believes enough of his own campaign rhetoric to do things that will make a difference in the long run. For example, he keeps going back to bi-lateral trade —like a dog on a bone. And to me that is probably the most important thing he can do on his own. In order for Wall St. to continue wreaking havoc the way it has, it requires globalism. When the power of globalism is broken, Wall St will be more vulnerable to internal governance.

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  15. Debra, Trump’s expressed views on trade are like the views of someone in the Flat Earth Society. Most of our imports are then incorporated into exports that are sold around the world. If Trump really starts messing with NAFTA and the other trade deals, he will hurt consumers, farmers and put many, many people out of work.

    The leaders of virtually every country on earth (except for Venezuela) understand this. However, Sanders (who has never really worked in the private sector) may be as ignorant on economics as Trump. There are cultural reasons that Trump and Sanders are now adverse to one another, but their two cults may eventually merge in opposition to basic economic truths.

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  16. Zakaria wrote on the contradiction between classical liberal free market capitalism and classical liberal democracy. The two don’t always coexist well. Friedman knew that and thus supported the authoratarian Pinochet to force free market economics in Chile. Zakaria comes down on the same side as Friedman…comparing the authoritarian East Asia successful economies to the messy less successful but more democratic India. Zakaria then is right of centre and an elitist.

    Krugman on Trump’s tax plan https://mobile.nytimes.com/blogs/krugman/2017/10/14/lies-lies-lies-lies-lies-lies-lies-lies-lies-lies/?smid=fb-nytimes&smtyp=cur&referer=http://m.facebook.com/

    I live in a country of a 15% corporate tax rate which most companies actually pay. The USA can lower its tax rate but needs to close loopholes and special exemptions to ensure they actually pay.

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  17. I don’t think Sanders is opposed to free trade on principle. If NAFTA turned into an EU type system with more protection for workers and the environment, I think there would be support on the North American left.

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  18. HRW, Zakaria’s problem with democracy practiced by idiots was not that it led away from free market economics. His problem was that it led away from the rule of law. Zakaria likes Obama, Scandinavian countries and the Asian tigers. He is hard to categorize. Friedman did not “support” Pinochet. After Pinochet came to power, he sought advice from Friedman. He then followed much of that advice which is why Chile is now by far the wealthiest country in South America as well as the most free.

    Here is the sad but hilarious truth about the left and free trade. The more Trump attacks free trade, the more the left will support it. Look at Harvey Weinstein. The left was happy to let him molest women for decades. However, Trump, Ailes and O’Reilly have now given sexual predators a bad name among Democrats. These are truly bizarre times.

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