Forum Replies Created

Viewing 30 posts - 3,391 through 3,420 (of 4,288 total)
  • Author
    Posts
  • in reply to: Trump vs Hillary II #54978
    Avatar photoBilly_T
    Participant

    The usual caveat: Both candidates are awful. But Trump is beyond vile, despicable and grotesque. He used those women, exploited them, for his own miserable political gain, to deflect from his own admittance that he is a serial sexual predator:

    The facts about Hillary Clinton and the Kathy Shelton rape case By Glenn Kessler October 11 at 3:00 AM

    Excerpts:

    The Facts

    In 1975, Clinton — then Hillary Rodham — was a 27-year-old law professor running a legal aid clinic at the University of Arkansas in Fayetteville. After a 41-year-old factory worker was accused of raping a 12-year-old girl, he asked the judge to replace his court-appointed male attorney with a female one. The judge went through the list of a half-dozen women practicing law in the county and picked Clinton. She has said she was not thrilled with the assignment but felt she had little choice but to take the court appointment — which the prosecutor in the case confirmed to CNN.

    Court records describe a sad tale. Shelton, at the time 12 years old, went out for a late-night drive with Tom Taylor, then 41, a 20-year-old cousin, and a 15-year-old boy with whom she was apparently infatuated. They bought a pint of Old Grand-Dad whisky, which was mixed with Coca-Cola for Shelton. After hanging out at a bowling alley for a few hours, they allegedly drove to a ravine where the two older men left Shelton and the 15-year-old together. The two then had sex, the boy told police. After they were finished, Taylor approached the truck and apparently attacked Shelton. The boy reported that Shelton screamed and he saw Taylor hitching up his pants.

    As part of her handling of the case, Clinton filed an affidavit July 28, 1975, requesting that the girl go through a psychiatric examination. “I have been informed that the complainant is emotionally unstable with a tendency to seek out older men and to engage in fantasizing,” Clinton said. “I have also been informed that she has in the past made false accusations about persons, claiming they had attacked her body. Also that she exhibits an unusual stubbornness and temper when she does not get her way.”

    Clinton offered no source for the claims.

    When Glenn Thrush, then a reporter for Newsday, showed the affidavit to Shelton in 2007, he wrote that she was visibly stunned. “It kind of shocks me – it’s not true,” she said. “I never said anybody attacked my body before, never in my life.”

    But Shelton told Thrush at the time that she bore no ill will toward Clinton. “I have to understand that she was representing Taylor,” she said. “I’m sure Hillary was just doing her job.”

    But in 2014, Shelton told the Daily Beast that she had been misquoted. “Hillary Clinton took me through hell,” she said.

    Shelton’s ire had risen with the 2014 discovery of previously unpublished audio recordings of Clinton discussing the case in the mid-1980s with Arkansas reporter Roy Reed for an article that was never published.

    In the recorded interview, Clinton is heard laughing or giggling four times when discussing the case with unusual candor; the reporter is also heard laughing, and sometimes Clinton is responding to him.

    For instance, Clinton laughed after she said: “Of course he [the defendant] claimed he didn’t [rape]. All this stuff. He took a lie-detector test. I had him take a polygraph, which he passed, which forever destroyed my faith in polygraphs.”

    The Daily Beast article said:

    The victim was put through several forensic procedures, including a lie detector test. At first, she failed the lie detector test; she said that was because she didn’t understand one of the specific sex-related questions. Once that question was explained to her, she passed, she said. The victim positively identified her two attackers through one-way glass and they were arrested.

    In an interview with the Daily Mail that appeared Aug. 9, Shelton agreed for the first time to be identified by name. This article strongly suggested that the psychiatric examination took place:

    Although Clinton’s legal maneuver would likely be prohibited today under Arkansas rape shield act, the law was not passed until two years after the case.

    Shelton said one of her worst memories of the case was being questioned repeatedly by appointed experts.

    “It got so bad that I told my mom I wasn’t going back, and whatever happened, happened,” said Shelton. “It’s sad that a 12-year-old had to go through what I had to go through, because for days I cried and cried and cried over it.”

    The gofundme site, which was established Aug. 13 and seeks to raise $10,000, quotes Shelton as explicitly saying that the test took place: “Hillary then began to attack my character, forcing me to undergo multiple polygraph tests where I was asked explicit sexual questions I didn’t even understand. Next I was sent for a psychiatric examination. It felt like I was the one on trial.”

    But the court docket, unearthed by Pittsburgh attorney Norma Chase and for the first time made public, shows that one day after Clinton filed a request for psychiatric exam, it was denied by the judge. The court docket for July 28 says Clinton filed her motion for an exam. On July 29, it states: “Hearing on Motion for Psychiatric Examination — Motion denied. Defendant objects.” (There is also no evidence that Clinton was responsible for arranging Chase’s polygraph test.)

    Here’s the docket sheet:

    in reply to: Trump vs Hillary II #54946
    Avatar photoBilly_T
    Participant

    …is there a word for… when things get so surreal that surrealizm gets ‘normalized’ ?

    Yeah I know. Surreal isn’t it.

    German is really great at hybrid words. Makes it nearly impossible to translate, especially German poetry — and “poetic” kinds of philosophy, like Heidegger’s. But they have words for stuff we just don’t have in English, oddly enough — the Angles and Saxons being from what would later be Germany, etc.

    Anyway, so we probably have to stick with multiple words to describe such a thing. Perhaps “the domesticated uncanny”? “The everyday bizarre”? “Disciplined stranginess”?

    in reply to: Trump vs Hillary II #54942
    Avatar photoBilly_T
    Participant

    Since I believe that the election is finite, I truly suspect that Trumps latest performance was primarily about priming the pump(his loyal supporters) for the new Trump media empire that’s sure to magically spring up after Hillary wins the election.

    Trump has a large batch of humans in his pocket that he’ll continue to exploit until he wears them out. His initial message will be to bag on Clinton and any other non right wingers(both republicans and democrats) for the next 4 years buoyed by these loyal supporters who constantly will need to be led. He can go from KKK meeting to Aryan nation webcast to Trump fund raisers for ever – talking, snorting, lying, lurking about, hurling insults, spouting nonsensical bullshit that Bannon’s team of degenerates feed him. Location, location, location was the mantra of the real estate shyster. Now it’s onto ratings, ratings, ratings. He’ll have Ailes and Breitbart boy at his beck and call.

    He could give a shit less about helping anybody or real people in America and families and kids – he cares about money. That’s his honey. He wants it all.

    Well said.

    It’s too bizarre for words that he has any backers. He’s rarely anything but incoherent, and when he speak coherently, it’s always thuggish and vile.

    Amazing thing about his supporters. They hold too conflicting things in their head at the same time without a care: They say they love him because he “tells it like it is.” But when confronted with something he has said that is obscenely ugly, racist, misogynist, xenophobic, etc. etc. they say he didn’t really mean it.

    I used to think Ron Paul fans were the most oblivious to reality and the most obnoxiously diehard. But Trump supporters, in general, are worse.

    in reply to: Trump vs Hillary II #54941
    Avatar photoBilly_T
    Participant

    As for HRC. She was basically steady, kinda boring, a bit too wonky. But she was at least coherent.

    My guess is, Trump’s pre-debate stunt threw her off. She probably didn’t think even Mr. Vulgarian would go there. But he did…

    ————–

    Well, i know Trump lost the public-defender-vote
    I saw that he slammed crooked-hillary for representing an accused-person
    while she was court-ordered by a judge to do the public-defender thing.

    …is there a word for… when things get so surreal that surrealizm gets ‘normalized’ ?

    w
    v

    Yeah, apparently, HRC tried really hard to get out of representing the (alleged) rapist. She failed.

    The surreal has been normalized fer sure. Speaking of that: am rereading an excellent study of Camus/Sartre, entitled, oddly enough, Camus & Sartre, by Ronald Aronson. In the part I just finished, Camus’s great (book length) essay, Man in Revolt, usually translated as The Rebel, is under discussion, with his critique of surrealism being highlighted. I’ve been a huge fan of Camus for decades, and surrealism, especially in poetry, film, painting, etc . . . but Camus takes certain surrealists to task for helping to enable political violence in the 20th century. Andre Breton famously said:

    The simplest surrealist act consists of dashing down the street, pistol in hand, and firing blindly, as fast as you can pull the trigger, into the crowd.

    This horrified Camus, even though he knew full well it wasn’t meant to be taken literally.

    Aronson:

    For him, such intellectual playacting at violent expression fed the 20th century’s organized unleashing of violence.

    Camus was a leftist who wanted the French left to remain principled and vigorously non-aligned . . . to carve its own path between the American way and the Soviet way, in opposition to both. To make a really long story short here . . . . I think we need millions of Camus’s today, doing this, in America — rejecting both parties, our empire, any empire, all forms of imperialism, capitalism, war, etc.

    Both major parties are illegitimate, in the Chomskyian sense. I think our economic system is as well (many times over) and it really controls both parties anyway — and Trump is a champion of capitalism, which makes him automatically corrupt, an oppressor, an imperialist, etc. etc. He’s NOT the answer.

    in reply to: Trump vs Hillary II #54922
    Avatar photoBilly_T
    Participant

    Some MSM (WaPo) fact-checking and another article of possible interest.

    My guess is leftist news sources aren’t going to comment much at all about the debate. Perhaps Jacobin will later. Will post that if it happens:

    Fact-checking the second Clinton-Trump presidential debate

    Trump wanted to put Bill Clinton’s accusers in his family box. Debate officials said no.

    in reply to: Trump vs Hillary II #54915
    Avatar photoBilly_T
    Participant

    As for HRC. She was basically steady, kinda boring, a bit too wonky. But she was at least coherent.

    My guess is, Trump’s pre-debate stunt threw her off. She probably didn’t think even Mr. Vulgarian would go there. But he did. And she failed to adjust her gameplan — kinda like Fisher — to meet changing circumstances. Probably went into the debate thinking Trump would commit political suicide, as so many talking heads were saying his campaign was toast — prior to the debate.

    Some 50 Republican leaders had jumped ship, saying they wouldn’t support him any longer, and he had been disinvited (by Paul Ryan) from a campaign rally in Wisconsin. People were talking about finding ways to dump Trump from the ticket, including getting Pence to drop out to force his hand. It was that bad. So HRC probably was waaaay too confident and thought Trump would just hang himself.

    But in this silly season, it seems to work to fire back with “Na na na nana na. And so are you!!!”

    in reply to: Trump vs Hillary II #54913
    Avatar photoBilly_T
    Participant

    Anybody watch the second debate?

    Apparently CNN thinks Trump didnt win any new converts.

    http://wtvr.com/2016/10/09/poll-who-won-2nd-presidential-debate-between-trump-and-clinton-st-louis/

    “..Donald Trump exceeded expectations, but Hillary Clinton won the second presidential debate, according to a CNN / ORC poll of debate watchers. The results showed a clear victory for Clinton, with 57% saying Clinton won, as opposed to 34% for Donald Trump. It’s a strong showing for Clinton, but not as good as her performance at the first presidential debate, when 62% of debate watchers said she won. The results Sunday also track closely with watchers’ pre-debate preference. Fifty-eight percent of debate watchers said they were supporting Clinton before the debate…”

    ——–

    w
    v

    I did. Am embarrassed to admit it. But I did. It was a circus, and showed American politics at its worst — or close to it. No other candidate could get away with doing what Trump did before and during the debate, but it appears he has. I’ve never seen such a spectacle — bringing together a group of (four) women who accused the spouse of one’s opponent of a range of sexual predations, from rape to harassment. An eleventh hour move to deflect from Trump’s own admittance of sexual assault.

    Basically, “But mommy, mommy!! Joey did it too!! Waaaahhhgh!”

    (Yes, Bill Clinton was a pig, and a terrible and all too conservative president. But he’s not running this time.)

    Many of the talking heads this morning are saying it worked. But the most bizarre thing (IMO) is that no one is talking about the elephant in the room: Trump’s incredible incoherence throughout. When they become available, people should read the transcripts, because Trump spoke gibberish for nearly 90 minutes, and never answered any questions, went off on tangents within tangents, and made Sarah Palin sound like Cicero in comparison. I found myself yelling at the TV, asking him to say how he would accomplish all of these amazing things he promised. He never did, and hasn’t ever during this entire campaign.

    How would he give America those rainbows and unicorns he promises?

    All Trump does is talk about the living hell in place, but never says how he’d fix anything. Drives me up the wall, and it makes it all the worse that no talking head seems to care.

    • This reply was modified 8 years, 1 month ago by Avatar photoBilly_T.
    in reply to: Snowpiercer #54856
    Avatar photoBilly_T
    Participant

    I saw it back in 2014, if memory serves, and I loved it. One of my favorite movies of the last several years. Not too many films tackle “class” issues from an unabashedly left-wing perspective these days, and this one did. It didn’t try to preach. It just showed the grotesque injustice of forced (always arbitrary) hierarchies and massive inequalities in a brilliant and unique way — via story, visuals, mood, music, etc.

    Thanks for the reminder. I really need to see it again.

    in reply to: De Niro on Trump #54846
    Avatar photoBilly_T
    Participant

    Bill Maher on the trump shit-storm.

    Yeah. How is Gary Johnson polling higher than Jill Stein?

    Gary Johnson has no idea what the fuck is happening anywhere. He couldn’t find Canada on a map if you erased every continent but North America.

    ——————–
    I saw a couple of confusing-articles that indicated that Johnson actually takes
    more voters away from Clinton than from Trump. It surprised me.

    The article didnt say who the pussy-grabbers were voting for this year. I’m guessing they are leaning toward Jill.

    w
    v

    WV,

    I think that’s because of millennials, primarily. The Dems have turned them off and they don’t like the GOP, either. So some have bought into the nonsense from the right-libertarians about “liberty,” even though it’s not the freedom and liberty of millennials at issue. American libertarians are always really talking about “freedom and liberty” for business owners and the rich, and couldn’t be more anti-labor, anti-environment, anti-social-justice if they were paid to be. And, well, they actually are, by folks like the Koch brothers.

    As far as the reference to “pussy-grabbers.” I guess you missed the video with Trump bragging about his frequent sexual assaults. I don’t blame you for avoiding the teevee and the MSM. It is a cesspool. But that’s where the term comes from.

    • This reply was modified 8 years, 1 month ago by Avatar photoBilly_T.
    in reply to: Econ student asks Prof question about Stiglitz #54845
    Avatar photoBilly_T
    Participant

    And btw, the CBO told Bush back in 2001 that if he would just leave tax rates alone — at Clinton levels — we would pay off the debt by 2009. Not just balance the budget. Pay off the entire debt.

    Bush didn’t listen. He cut taxes twice, revenues fell for his first three years and his last, he started two unnecessary wars and doubled the debt.

    Keynes was emphatic on the need to pay down the debt in good times, and to only use countercyclical pump-priming in bad times, when the private sector itself was in contraction or too sluggish.

    The morons in the GOP push(ed) for slashing spending while we were in recession, which every decent economist knows would just send us deeper into contraction. Government spending IS spending, and a capitalist economy, based primarily (70%) on consumer spending, can’t survive without that.

    When you cut government spending, you’re cutting overall spending in the economy. It’s the same exact thing as saying “We need to slash consumer spending in the private sector right now because we’re in a recession. It’s our only way out.”

    Right-wingers, in general, are economic illiterates.

    in reply to: Econ student asks Prof question about Stiglitz #54842
    Avatar photoBilly_T
    Participant

    Bush inherited a huge surplus and no wars. Clinton ran surpluses four of his eight years. See table 1.1 (page 29) for this:

    Fiscal Year 2016 Historical Tables

    Bush cut taxes twice, revenues fell for his first three years and his last, and he doubled the debt.

    (also on page 29)

    Obama inherited a fiscal year 2009 budget deficit — Bush’s last — of 1.4 trillion, two wars and a worldwide economic catastrophe, caused by the Masters of the Universe and their center-right enablers in government (both parties). Deficits fell dramatically after we got out of the Bush recession. No president since Ike has seen a slower rate of increased spending — which is one of the main reasons for the slow recovery and an obvious sign of neoliberalism’s hold on the Democrats. Keynes, OTOH, would have pushed for a huge increase in demand-side spending to prime the pump. Instead, Obama, the Dems and the GOP decided to do trickle-down to one degree or another, especially with the bailouts which ALL went to the richest of the rich. That’s the opposite of Keynes.

    No economist or economic historian of any stature says we’ve being following Keynes in the last four decades. We’ve been doing the opposite.

    in reply to: Econ student asks Prof question about Stiglitz #54777
    Avatar photoBilly_T
    Participant

    Also: Most people forget that Keynes was all about demand side. We’ve been supply-side pumping for forty plus years. Both parties. The GOP is just more aggressive about it, but both parties are committed to supply side, neoliberalism — again, going back to the early 1970s.

    And . . . Keynes pushed for balanced budgets and paying off the debt in good times. He said prime the demand-side pump in bad times. Pay off the debt in good times. Neither party has done this in decades.

    in reply to: Econ student asks Prof question about Stiglitz #54772
    Avatar photoBilly_T
    Participant

    An Undergraduate’s Question About Economic Policy: A Professor Replies

    w
    v

    The Keynesian consensus in America was roughly from late FDR through LBJ and into part of Nixon’s presidency. It corresponds, almost exactly, with our one and only Middle Class boom (1947-1973). We had no such thing before it or after Keynesian economics was abandoned by the DC powers that be in the early 1970s. With the rise of neoliberalism roughly in 1973, through Obama’s presidency, we’ve been in an anti-Keynes consensus. Roughly 43 years now of opposition to Keynes, from both major parties.

    My own view is that Marxian economists are the best, in general, when it comes to understanding and analyzing capitalism, with Keynesians number two. The worst of the bunch have always been the Austrians, followed by their kissing cousins, the Chicago School folks, who basically invented neoliberalism. Reagan/Thatcher consolidated all of that politically, took garbage (and voodoo) economics mainstream . . . and then, with the arrival of the tea party, we sunk even deeper into economic illiteracy with the rise of the neo-Austrians — the children of Von Mises and Hayek. Ron Paul and his fanboys set the table for that, but the tea party helped mainstream it. And the Pauls and the tea party folks added Ayn Rand to the Austrians to make the horrific even more odious. They helped give abject selfishness a “philosophical” veneer.

    I wish America would evolve and grow up enough to bring in actual Marxians and libertarian socialist economists. But it likely never will, at least not in my lifetime. So the next best thing is to return to Keynes. Staying with right-wing economic idiocy is killing this country, and the world.

    in reply to: Bumper Stickers #54766
    Avatar photoBilly_T
    Participant

    Yeah, they are merely sociopathic. But we are used to that in our politicians. In fact, it seems only sociopaths are attracted to the job. Trump, though, isn’t only sociopathic. He is psychopathic as well. As well as ill-informed, incurious, bellicose, narcissistic, chauvinistic, and…(just for you, bnw)…racist.

    This man is disgraceful. And it is to this country’s shame that a man who has violated all boundaries of decent behavior can come this close to the presidency. Common courtesy and good manners are in such complete disarray that we apparently no longer expect respectful behavior from anybody. Donald Trump isn’t the only one who is insane, apparently.

    Well said and spot on, regarding all the candidates.

    But only one of them — Trump — has admitted on tape that he engages in sexual assaults, routinely. I would have thought the country and the GOP would have turned on him a year ago and laughed and booed him off the stage. After his bitherism; his fascistic call to ban all Muslims; his inciting violence at his rallies and against his opponents; his demonizing of black and brown people around the world, especially workers; his six deferments and six bankruptcies, while pretending to be a tough guy business genius; the 4000 ongoing lawsuits against him; the decades freeloading off of taxpayers, etc. etc. Lie after lie, crooked business deal after crooked business deal, using the Trump Foundation as a slush fund to pay his own legal bills, etc. etc . . . .

    But it seems they needed this. They needed the sight and sound of a sexual predator bragging about what he does to women on a regular basis.

    Trump has driven this election into the gutter. I hope America recovers its soul and its sanity ASAP.

    in reply to: Another word on the debate #54700
    Avatar photoBilly_T
    Participant

    That stupidity thing is interesting. It seems to be fracturing the right itself, in some cases. Some right-wing outlets are being upstaged by newer, even more ludicrous media, selling crazier and crazier conspiracy theories than the old guard. Fox News used to be the go to place for that. But they’re now too tame, and some of their journalists even have the nerve to question Trump’s endless lies. So you have monstrously stupid, paranoid and hair’s-on-fire sites like Breitbart, Zerohedge and Infowars — which may be the king of the maniacs — making Fox, the National Review, the Weekly Standard, etc. etc. almost “sane” by comparison. And you see a few of the old-school hair’s-on-fire conspiracists, like Glenn Beck, saying, “Wait a second, you guys have gone waaay too far.”

    I saw him interviewed the other night and was shocked to hear him admit that “the uber-right” in Europe was infecting things here. It was amazing to see someone who used to peddle the bullshit about “progressives” causing every evil throughout history actually admit that neo-nazis and neo-fascists in Europe were right-wing. He’s also disgusted by Trump.

    Not sure if I’ve ever seen a weirder, more confusing political landscape in America . . . and while Trump is more the symptom than the cause, he appears to be helping the right eat itself. It’s quite likely the only decent thing he’s done in his entire, miserable life.

    • This reply was modified 8 years, 1 month ago by Avatar photoBilly_T.
    in reply to: Let me get this straight…. #54663
    Avatar photoBilly_T
    Participant

    More on taxes. Who pays them, etc. etc. In reality, no one in America pays for what they receive. We all, from the poorest to the richest, receive far more in public benefits than we ever pay for, and no one receives more in public benefits than the uber-rich. No one comes close.

    Why? One of the beauties of a non-profit, public sector is that we share the burden for goods and services over time, going back generations. And because we share those goods and services in the present, our individual tax burden is a tiny fraction of a fraction of what these things cost in total. No billionaire, millionaire or working class stiff ever comes close to paying for what they use in their lifetimes. Just a mile of roadway alone, for instance, costs twice what the average Joe or Jane pays in taxes over a lifetime of working. And businesses and billionaires reap trillions in everything from infrastructure, bailouts, R and D, trade agreements, the courts, wars, coups, property protection, police, fire and rescue, etc. etc.

    Undocumented workers, the native born, rich, poor — it doesn’t matter. No individual American comes close to paying for what they use. This works, mathematically, because we pay taxes through time, and we share the results. We don’t have to compete for them or hoard them to ourselves. No private sector transaction ever comes within light years of being as great a deal, or as efficient in use-value.

    • This reply was modified 8 years, 1 month ago by Avatar photoBilly_T.
    in reply to: Let me get this straight…. #54662
    Avatar photoBilly_T
    Participant

    I think it’s a big mistake to assume Trump hasn’t done anything illegal — regarding his taxes, or anything else. He has a history of breaking the law and getting away with it. He has four thousand lawsuits against him, active. The states attorney for New York says the Trump Foundation has been acting illegally there. He’s bribed several key officials, including Pam Bondi, to suppress investigations against him, including Trump University, etc. etc.

    The Many Scandals of Donald Trump: A Cheat Sheet New York’s attorney general has ordered the Trump Foundation to quit raising money, saying it is violating state law by doing so.

    The Post’s David Fahrenthold has published a series of damaging stories about the foundation. Despite bearing Trump’s name, the foundation has largely been run using other people’s money for about a decade now, as it draws donations from other givers, then donates them under Trump’s name. Earlier this year, the foundation raised a reported $1.67 million for veterans’ causes. Donald Trump has reportedly used Trump Foundation donations to settle legal issues involving himself, as well as to buy gifts that he may have kept. Both of those would violate rules that ban “self-dealing” by charities. In addition, there are cases where Trump directed income to the foundation, but it’s not clear that he paid income taxes on those monies, as required.

    Schneiderman is investigating the Trump Foundation to see whether it broke rules against self-dealing by buying gifts for Trump, settling legal cases with foundation monies, and making a political donation to Florida Attorney General Pam Bondi, whose office was at the time deciding whether or not to pursue an investigation into Trump University.

    We also know that the 1995 writeoff is just one of many. He paid no taxes in several years prior to this as well. No, Donald Trump’s tax avoidance is not normal — Josh Barro: Oct. 4, 2016, 3:48 PM

    Even if Trump had generated no net value through his business ventures and was living off his inheritance from his father, you would expect him to be reporting (and paying tax on) significant investment income from his wealth. Indeed, his 1995 tax documents reflect over $7 million in interest income — meaning Trump likely owned $100 million or more worth of interest-bearing investments at the time, despite his significant financial distress.

    Yet all the public tax information we have about Trump reflects incomes near or below zero.

    Last spring, The Washington Post reported that Trump paid no federal income tax in 1978, 1979, 1984, 1991, or 1993. He did have taxable income in the years 1975 through 1977, with the highest amount of income being $118,530, on which he paid $42,386 in income tax in 1977.

    His 1995 tax documents, of course, reflect income of negative $916 million, with reported business losses far more than wiping out his interest and dividend income. Most of that reported loss was carried forward from prior years, which suggests he had several years in a row with no taxable income, going back to the peak of his business difficulties in the early ’90s.

    in reply to: Let me get this straight…. #54536
    Avatar photoBilly_T
    Participant

    Donald Trump pays less in taxes than illegal immigrants do, but they are freeloaders?

    Yes, compared to a man paying taxes his entire life while creating jobs for people to raise even more tax revenue.

    Okay. Here’s why that is funny.

    First of all, he hasn’t paid taxes his entire life; that’s the whole issue here. And may still not be paying taxes. As you know, he won’t release his returns, and there is a reason for that. Perhaps more than one reason.

    Secondly, anybody worth $200,000,000 or more cannot AVOID creating jobs. I mean…it would be nearly impossible NOT to create jobs. The only way he could avoid creating jobs is if he kept his money in cash inside a vault. So job creation isn’t exactly to his credit here.

    Thirdly, the jobs he has created are largely in the hospitality industry which is the worst industry for job retention in the country. That is…people HATE those jobs more than any other class of job. The hospitality industry averages an 80% turnover in jobs every damn year, as opposed to an average turnover rate of 45% for the economy as a whole. Those jobs suck to start with, and are relatively poor paying, often minimum wage.

    Finally, for a rich guy to say he contributes to the economy by having employees pay taxes while he doesn’t…I don’t even know how you can say that with a straight face. Besides which minimum wage employees don’t earn enough to live on, let alone hit a threshold where they will pay any taxes.

    Meanwhile, the government is providing him with all kinds of infrastructure support at taxpayer expense, and picking up the tab for services to his underpaid employees.

    You might as well also praise him for creating tax write-offs for all the businesses he contracted and then stiffed. I mean…they get to write those losses off on their taxes, right? What a hero.

    The more we learn about his business practices, the more we know he’s a con man. He still has massive debt, and always has had massive debt, throughout his adult life. Thanks to his father, he was able to borrow tens of millions to keep afloat, after making a score of stupid investments, which the New York Times details here: Donald Trump’s Business Decisions in ’80s Nearly Led Him to Ruin — By RUSS BUETTNER and CHARLES V. BAGLIOCT. 3, 2016

    He was constantly bailed out for his recklessness, and maintained a lavish lifestyle throughout his six bankruptcies, while he ruined small business owners, thousands of workers lost their jobs, and he stiffed countless others.

    He can’t claim to be a great “job creator,” unless it’s tax attorneys and various lawyers he had to hire to fight the 4,000 lawsuits filed against him. And he also can’t claim that he “built” all that much. He mostly just sells his name to various projects, and the buyers handle everything else.

    It’s also absurd — the current spin from his campaign — that he’s some kind of genius for welching on his taxes, and that anyone else would do it in his place. That’s not at all true. He hired tax attorneys and accountants to manipulate the system so he could make money off his massive failures. Most Americans would be too ashamed to do that. Most Americans wouldn’t be able to sleep at night, knowing how many people they hurt with their greed, recklessness and irresponsibility . . . . and then to try to make money on their taxes after all of that?

    He’s a sociopath, a serial liar and a terrible “businessman.” It’s got to be one of the all-time American mysteries how he managed to bamboozle his way to the nomination, and that his fanboys still don’t see through his BS.

    in reply to: a dead fish? #54485
    Avatar photoBilly_T
    Participant

    That’s amazing.

    You’d know better than I . . . but whales and dolphins are supposed to be smarter than humans, right? The former are massive. Horrible to think they were nearly driven to extinction for oil.

    in reply to: Joe Curley Tweets on GR and the OL #54479
    Avatar photoBilly_T
    Participant

    Also need to mention: I was a huge fan of the Gurley pick. Loved it when they grabbed him and am still happy they did. He’s just 22, and has all kinds of time to get better, and I think he will.

    But the first step in that process is to admit something is wrong. He’s got to get there first, as do the Rams.

    in reply to: Joe Curley Tweets on GR and the OL #54476
    Avatar photoBilly_T
    Participant

    I think Gurley is missing holes. And that the line is not blocking for him well.

    It’s both/and, to my eyes.

    Just doing some dime-store psychologizing here, but I think the Rams may have hurt his development by basically anointing him king of LA before the season, and MVP for the team. He’s too young for that, and it’s just not necessary. His actions on the field will tell everyone all they need to know about those things. There is no need for the Rams to try to produce a star before he’s actually “born.”

    In short, I think Gurley is pressing at least in part because he believes he is the team MVP. Attendant insecurities follow and snowball when he doesn’t perform well, etc. etc.

    Anyway, I wish he would watch a ton of film on Edgerrin James. While he wasn’t in the same category as the Rams’ own Eric Dickerson, he was, to my mind, the best of his generation in following his blockers, letting the play develop, and getting the most from openings. In short, that “patience” the writer talks about.

    Right now, Gurley doesn’t seem to have it, and he’s not seeing the field very well. He’s running frustrated, which rarely produces good results.

    Lots of “blame” to go around, but Gurley is a good part of that.

    • This reply was modified 8 years, 1 month ago by Avatar photoBilly_T.
    in reply to: The Big Con: Trump as "populist." #54429
    Avatar photoBilly_T
    Participant

    More evidence that Trump is all hat and no cattle:

    How Donald Trump Ditched U.S. Steel Workers in Favor of China — By Kurt Eichenwald On 10/3/16 at 1:36 PM

    Excerpt:

    Plenty of blue-collar workers believe that, as president, Donald Trump would be ready to fight off U.S. trade adversaries and reinvigorate the country’s manufacturing industries through his commitment to the Rust Belt. What they likely don’t know is that Trump has been stiffing American steel workers on his own construction projects for years, choosing to deprive untold millions of dollars from four key electoral swing states and instead directing it to China—the country whose trade practices have helped decimate the once-powerful industrial center of the United States.

    A Newsweek investigation has found that in at least two of Trump’s last three construction projects, Trump opted to purchase his steel and aluminum from Chinese manufacturers rather than United States corporations based in states like Pennsylvania, Ohio, Michigan and Wisconsin. In other instances, he abandoned steel altogether, instead choosing the far-less-expensive option of buying concrete from various companies, including some linked to the Luchese and Genovese crime families. Trump has never been accused of engaging in any wrongdoing for his business dealings with those companies, but it’s true that the Mafia has long controlled much of the concrete industry in New York.

    Throughout his campaign, Trump has maintained that some controversial decisions for his companies amounted to nothing more than taking actions that were good for business, and were therefore reflections of his financial acumen. But, with the exception of one business that collapsed into multiple bankruptcies, Trump does not operate a public company; he has no fiduciary obligation to shareholders to obtain the highest returns he can. His decisions to turn away from American producers were not driven by legal obligations to investors, but simply resulted in higher profits for himself and his family.

    Again, he’s a con man, a serial liar and a faux “populist.” He’s not going to help the people who believe he’s their messiah — not in the slightest. Trump is all about Trump. Always has been.

    Avatar photoBilly_T
    Participant

    A follow-up article on the Trump tax return:

    The most shocking part of Donald Trump’s tax records isn’t the $916 million loss everyone’s talking about By Allan Sloan October 2 at 4:22 PM

    Excerpt:

    Sure, the $900 million-plus of losses reported by the New York Times — losses that could be used to offset income for a total of 18 years — are totally shocking. Legal, yes. But shocking.

    But there’s something I consider even more shocking — although it involves a much smaller number.

    By my read of the Trump tax return published by the New York Times, he would have been tax-free because of a $15,818,562 loss reported on Line 11 of the return under “Rental real estate, royalties, partnerships, S corporations, trusts, etc.” It looks to me that this loss reflects the outrageous, special tax break that real estate developers that people like Trump can get, but that the rest of us can’t.

    To give you the brief version, people who qualify as real estate developers or managers can use depreciation deductions to offset non-real-estate income. But people who don’t qualify for this special treatment can’t do that. (For full details, ask a tax expert about Section 469 of the tax code.)

    Now, to the $900-plus million loss reported by the New York Times — which vastly exceeds any cash losses that Trump would have suffered in the collapse of his casino-hotel-airline empire, which fell apart in the early 1990s and resulted in four bankruptcies. (He had two more bankruptcies, in 2004 and 2009, from a publicly traded company in which he was the primary shareholder.)

    I’m guessing, but I can’t tell for sure — there’s not enough information — that the loss has to do with the collapse of his empire. I don’t understand how Trump, who had very little of his own cash invested in his projects in the 1990s but did personally guarantee part of their debt, could end up with tax losses of that magnitude. They’re almost certainly paper losses rather than out-of-pocket losses.

    It’s possible that those losses somehow vanished into the ether from which they came — we have no way to tell.

    in reply to: The Big Con: Trump as "populist." #54418
    Avatar photoBilly_T
    Participant

    The opening part of the New Republic article:

    At a rally in Iowa on Wednesday, Donald Trump tried to whip up the crowd by asking anyone who was a Christian conservative to raise their hand. The crowd cheered. The Republican nominee then made a strange follow-up request: “Raise your hand if you’re not a Christian conservative. I want to see this, right? Oh there’s a a couple people, that’s all right,” the candidate said as he brusquely waived his right hand. “I think we’ll keep them, right? Should we keep them in the room, yes? I think so.” He was in a jovial mood as he said all this, but if he was making a joke, it had a sinister undertone. Trump, after all, is running to be president of the pluralistic United States, but here he is suggesting that it might good to apply a religious test and to kick out anyone who wasn’t a Christian conservative. The remarks were a reminder of Tump’s notorious call to ban Muslims from entering the country, if not also of his Fox and Friends appearance on September 19 when he described Muslim immigrants as a “Trojan Horse” who were bringing a “cancer from within” to America.

    Trump habitually sees the world in stark “us versus them” terms, and makes wholesale denunciations of entire ethnic groups. Which inevitably raises the question, “Is Donald Trump a fascist?”

    in reply to: The Big Con: Trump as "populist." #54417
    Avatar photoBilly_T
    Participant

    He doesn’t speak for the People’s interest otherwise he wouldn’t be criticized, despised and villified by the People as he has been and will continue to be.

    He doesn’t have majority support for any of his policy stances. Not one. And on most of them — though it’s tough to sift through the word salad to figure out where he does stand — strong majorities of Americans oppose him. Like tax cuts for rich people. Majorities of Americans favor increasing them. Majorities also favor tougher environmental standards. Trump says he’d slash those standards. Majorities also favor tougher gun control measures, and Trump has sold his soul to the NRA. Majorities favor raising the minimum wage. Trump wants to get rid of it, etc. etc.

    His supporters can’t name a single policy stance that garners majority support, unless they keep it extremely vague, like, “create millions of jobs and redo our trade deals.”

    Trump has never said how he would create those jobs, or what any new trade deal would actually look like. He’s only broad-brushed the topic, blamed everything on other countries, our government and black and brown people. Given the fact that the people most responsible for wage stagnation and shipping jobs overseas are American business men and women, primarily corporate America, and he never holds them accountable, he’s not going to improve those trade deals to help “the people” in the slightest.

    About the only “people” he does speak for are white nationalists, as they frequently tell us in their own words. Fascists in general love him. Good article on fascism in America here:

    Is Donald Trump a Fascist? His “movement” lacks the revolutionary élan of classical fascism, but the repercussions for American democracy are still frightening. By Jeet Heer September 30, 2016

    Avatar photoBilly_T
    Participant

    Donald Trump’s leaked tax returns help explain why he wants to end the estate tax — Josh Barro

    Excerpts:

    The $916 million loss that Donald Trump reported on his 1995 income taxes was extraordinary. As Alan Cole from the conservative Tax Foundation notes, total net operating losses claimed on all individual income tax returns in 1995 amounted to $49.3 billion.*

    That is, in that year, Trump claimed nearly 2% of all the net negative business income on individual tax returns in the entire country.

    and

    But there is one important upshot from the “he’s a genius” explanation that hasn’t been remarked on much. That Trump has accrued so many reported losses on his taxes helps explain why he’s so eager to repeal the estate tax.

    As I noted above, the “genius” of using strategies like depreciation expenses on real estate isn’t that they avoid tax forever. It’s that they allow a long delay in taxes on income related to real estate. Under current law, those taxes end up getting delayed until a real-estate asset is sold (and sometimes longer; a strategy called a 1031 exchange allows you to continue the delay so long as you buy a similar asset with the proceeds of the sale) or until you die.

    At your death, the appreciation on real-estate assets doesn’t get taxed. But if you’re worth more than $10 million, like Trump presumably is, most of the value of your bequeathed assets can be subjected to estate tax at rates up to 40%. That can be a bigger bite than the income tax that got avoided all along.

    But if Trump gets elected and gets his way on estate-tax repeal, he’ll be able to pass his assets to his children tax-free when he dies — and his children (and their children and their children) will be able to avoid tax on accrued gains in the value of their real-estate portfolio as long as they don’t ever sell it.

    That is, Trump seems to have cleverly used the tax code to delay a lot of taxes. But if he becomes president, he can find a way for him and his family to avoid ever having to pay tax on a bunch of the income he’s earned over the decades.

    In a way, that would be pretty smart. It’s a lot smarter than the way he managed his casinos.

    in reply to: The Big Con: Trump as "populist." #54379
    Avatar photoBilly_T
    Participant

    Gonna go a bit further into the difference between right and left populism later . . . but I’d be really interested in reading anyone else’s thoughts on this.

    Boiled down, for me: simply due to the nature of right-wing ideology and worldview, I can’t see how they can ever have a truly “populist” platform. The right has always been in favor of steep hierarchies, and believes inequality is “natural.” Their history has been (at first) to defend monarchy, Big Church, and now Big Business and the wealthy, and just the math alone tells us that can’t be “populist.” Their vision of society, and their aggressive attempts to realize this, have always gone against the interests of the vast majority of “the people.”

    in reply to: The Big Con: Trump as "populist." #54378
    Avatar photoBilly_T
    Participant

    Also, Trump’s tax plan would wipe out hundreds of billions of tax revenues and provide a windfall for the rich, corporations, himself and his heirs. Repealing the Estate Tax, which only affects 0.2% of the nation, including the Trumps, would save his heirs billions — literally. He’s also called for massive deregulation of businesses.

    He’s the financial elite’s dream come true, when it comes to playing Santa Claus for them. But because he’s a racist maniac, all too easily unhinged, many of them fear a Trump presidency.

    Yeah, a real “populist,” to be sure.

    in reply to: Trump channeling Gertrude Stein as Holden Caulfield. #54199
    Avatar photoBilly_T
    Participant

    Thanks for the article, btw.

    And no one can accurately say Samuelson is a “liberal” or moderately center-left. He’s a center-right columnist, who mostly writes about economics — and from that angle.

    in reply to: Trump channeling Gertrude Stein as Holden Caulfield. #54198
    Avatar photoBilly_T
    Participant

    bnw, it would be a little easier to accept some of your defenses regarding Trump if not for the fact that you dismiss all criticism of him and say it’s all part of some conspiracy. All of it. To you, he can do no wrong, ever. Despite mountains and mountains of evidence proving he’s a crook, a conman, a serial liar, you dismiss all of that — automatically.

    This is from a WaPo op-ed by a guy named Robert J. Samuelson:

    The pledge to “make America great again” is not an economic project. It’s an exercise in mass psychology. The idea is to get people to displace their anger and frustration onto groups that (in Trump’s view) have eroded America’s “greatness” — Mexicans, Muslims, the Chinese, political and financial elites, and “the media.” The Trump treatment is to peddle hatred and resentment for his political gain.

    https://www.washingtonpost.com/opinions/make-america-great-again-is-not-a-policy-its-an-exercise-in-mass-psychology/2016/07/17/e316d5a2-4ab5-11e6-bdb9-701687974517_story.html?utm_term=.3207affa8672

    I think he is largely right, and I would add “intellectual elites” to the list (even though Trump hasn’t attacked them, his supporters show disdain for them). This is the deal: Trump is promising to make all these groups suffer, and to transfer comfort to white, working America. That message has such strong appeal, that his supporters are completely deaf to everything else. Completely deaf. They will not hear it. They are latched onto that core message with vise grips.

    And, as president, Trump would make good on the first part of that promise – to make those groups suffer. He won’t follow through on the second part of that promise and anybody who understands the impracticality of bringing industry BACK to the US, and understands Trump’s personal business history knows exactly why he won’t fulfill that promise, but his supporters care only about that one core promise. Nothing else. And they will not be shaken, no matter how much evidence is piled up before them. Trump supporters have no interest in objective evidence, and it is apparent most of them do not even understand the process by which objective evidence is examined, or possibly even understand that there is one.

    That rings true, Zooey. And he plays them all like a fiddle. He dupes his followers into believing he’ll help them, despite the evidence that his policies would help no one but the Trumps of this world.

    It’s also amazing to watch his fanboys take everything he says as the gospel, and then parrot it online. He tells his Igors to go after his enemies, and they do, parroting the same lies he spews about undocumented workers, black and brown people in general, life in the inner city, and new targets like Alicia Machado. I see this everywhere. He tells them to jump, and they say how high. For all the right’s talk about “liberty and freedom,” they walk in lockstep with their chosen messiahs and do their bidding without question.

    In the case of Machado, Trump shows he’s unfit to govern by launching his crusade to destroy her — a powerless young woman. All over the Internet you can find his loyal brownshirts following his misogynist lead:

    The Race to Smear Miss Universe Alicia Machado as a Bloodthirsty, Drug Lord-Loving Porn Star Rush Limbaugh was quick to dub newfound Trump campaign foe Alicia Machado ‘porn star Miss Piggy’ because someone who looked like her once appeared in porn. It wasn’t her, though.

    This reminds me of what Limbaugh tried to do to Sandra Fluke, lying about what she said to Congress — she never talked about her sex life, etc. etc. Trying to “slut-shame” her for having the nerve to call for greater focus and resources to support women’s health.

    The man is beyond despicable. And even if we put aside his personal inner ugliness, none of his policies would benefit anyone but the ultra-rich. He has conned his supporters into zombie-like obedience.

Viewing 30 posts - 3,391 through 3,420 (of 4,288 total)