House

Off To The Races – Lana Del Rey

One For The Road – Arctic Monkeys

Come with Me Now – Kongos

The Breakfast Club (The Infotainer)

Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Join us every weekday morning at 9am (ET) and weekend morning at 10:30am (ET) to talk about current news and our boring lives and to make fun of LaEscapee! If we are ever running late, it’s PhilJD’s fault.

 photo 807561379_e6771a7c8e_zps7668d00e.jpg

 

AP’s Today in History for August 18th

Mongol ruler Genghis Khan dies; Women in U.S. clinch right to vote; James Meredith graduates from Univ. of Miss.; Vladimir Nabokov’s ‘Lolita’ published in U.S.; Actor-director Robert Redford born.

 

Breakfast Tune The Entertainer

 

Something to think about, Breakfast News & Blogs below

 

CEO compensation has grown 940% since 1978. Typical worker compensation has risen only 12% during that time
Lawrence Mishel and Julia Wolfe, Economic Policy Institute

Summary

What this report finds: The increased focus on growing inequality has led to an increased focus on CEO pay. Corporate boards running America’s largest public firms are giving top executives outsize compensation packages. Average pay of CEOs at the top 350 firms in 2018 was $17.2 million—or $14.0 million using a more conservative measure. (Stock options make up a big part of CEO pay packages, and the conservative measure values the options when granted, versus when cashed in, or “realized.”) CEO compensation is very high relative to typical worker compensation (by a ratio of 278-to-1 or 221-to-1). In contrast, the CEO-to-typical-worker compensation ratio (options realized) was 20-to-1 in 1965 and 58-to-1 in 1989. CEOs are even making a lot more—about five times as much—as other earners in the top 0.1%. From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%). In contrast, wages for the typical worker grew by just 11.9%.

Why it matters: Exorbitant CEO pay is a major contributor to rising inequality that we could safely do away with. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. This escalation of CEO compensation, and of executive compensation more generally, has fueled the growth of top 1.0% and top 0.1% incomes, leaving less of the fruits of economic growth for ordinary workers and widening the gap between very high earners and the bottom 90%. The economy would suffer no harm if CEOs were paid less (or taxed more).

How we can solve the problem: We need to enact policy solutions that would both reduce incentives for CEOs to extract economic concessions and limit their ability to do so. Such policies could include reinstating higher marginal income tax rates at the very top; setting corporate tax rates higher for firms that have higher ratios of CEO-to-worker compensation; establishing a luxury tax on compensation such that for every dollar in compensation over a set cap, a firm must pay a dollar in taxes; reforming corporate governance to give other stakeholders better tools to exercise countervailing power against CEOs’ pay demands; and allowing greater use of “say on pay,” which allows a firm’s shareholders to vote on top executives’ compensation.

 

 

Something to think about over coffee prozac

 

Pondering the Pundits: Sunday Preview Edition

Pondering the Pundits: Sunday Preview Edition” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

On Sunday mornings we present a preview of the guests on the morning talk shows so you can choose which ones to watch or some do something more worth your time on a Sunday morning.

Follow us on Twitter @StarsHollowGzt

The Sunday Talking Heads:

This Week with George Stephanopolis: The guests on Sunday’s “This Week” are: White House Office of Trade and Manufacturing Policy Director Peter Navarro; 2020 Democratic presidential candidate Sen. Kirsten Gillibrand (D-NY); and Georgia’s Stacey Abrams.

The roundtable guests are: ABC News Political Analyst Matthew Dowd;, ABC News’ Cokie Roberts; Washington Examiner Senior Political Correspondent David Drucker; and Axios National Political Reporter Alexi McCammond.

Face the Nation: Host Margaret Brennan’s guests are: 2020 Democratic Presidential Candidate Andrew Yang; Sen. Joe Manchin (D-KY); and White House Office of Trade and Manufacturing Policy Director Peter Navarro.

Her panel guests are: Nancy Youssef, Wall Street Journal; Dan Balz, Washington Post; Antjuan Seawright, Democratic strategist; and CBS News Contributor Leslie Sanchez, CBS News Political Contributor.

Meet the Press with Chuck Todd: The guests on this week’s “MTP” are: White House Director of the National Economic Council Larry Kudlow; 2020 Democratic Presidential Candidate former Rep. Beto O’Rourke (D-TX); and former Rep. Mark Sanford (R-SC).

The panel guests are: Yamiche Alcindor, PBS News Hour; Joshua Johnson, NPR; Carol Lee, political reporter for NBC News; and Peggy “Our Lady of the Magic Dolphins” Noonan, The Wall Street Journal.

State of the Union with Jake Tapper: Mr. Tapper’s guests are: 2020 Democratic Presidential Candidate South Bend, IN Mayor Pete Buttigieg; and White House Office of Trade and Manufacturing Policy Director Peter Navarro.

His panel guests are: Conservative commentator Amanda Carpenter; former Tallahassee, FL Mayor Andrew Gillum (D); Xochitl Hinojosa, DNC spokesperson; and otherwise unemployable and deplorable former Sen. Rick Santorum (R-PA).

But who keeps track?

My New York Metropolitans are 2 games above .500 and a mere 9 games behind the Braves. The New York Yankees are a game ahead in the Win column over the Dodgers for the best record in Baseball.

President Trump has made 12,019 false or misleading claims over 928 days
By Glenn Kessler, Salvador Rizzo, and Meg Kelly, Washington Post
August 12, 2019

President Trump’s proclivity for spouting exaggerated numbers, unwarranted boasts and outright falsehoods has continued at a remarkable pace. As of Aug. 5, his 928th day in office, he had made 12,019 false or misleading claims, according to the Fact Checker’s database that analyzes, categorizes and tracks every suspect statement the president has uttered.

Trump crossed the 10,000 mark on April 26, and he has been averaging about 20 fishy claims a day since then. From the start of his presidency, he has averaged about 13 such claims a day.

As some wag on TV pointed out, that’s slightly over 1 every 2 hours, 24/7/365.

Trump’s penchant for repeating false claims is demonstrated by the fact that the Fact Checker database has recorded more than 300 instances in which he has repeated a variation of the same claim at least three times. He also now has earned 23 “Bottomless Pinocchios,” claims that have earned Three or Four Pinocchios and that have been repeated at least 20 times.

It is actually objectively hard to tell if he lies more than your typical politician or is simply more closely reported (which is not to be read as an endorsement in any way).

Colbert on CNN

I don’t amend or extend my thoughts on CNN (they’re terrible, I’d sooner hate watch Faux Noise or a test pattern or the news in Flemish) but you know, Stephen.

Also Anderson Cooper who shared a Helicopter ride with a friend and isn’t such a bad sort himself though his New Year’s Eve special has equally been terrible (and understand that by ‘terrible’ in this case I mean pure bad unwatchable television) since they dumped Kathy Griffin over the decapitated head incident.

House

Crockett’s Theme – Jan Hammer

All These Things That I’ve Done – The Killers

Dashboard – Modest Mouse

The Breakfast Club (Without Roots)

Welcome to The Breakfast Club! We’re a disorganized group of rebel lefties who hang out and chat if and when we’re not too hungover we’ve been bailed out we’re not too exhausted from last night’s (CENSORED) the caffeine kicks in. Join us every weekday morning at 9am (ET) and weekend morning at 10:00am (ET) (or whenever we get around to it) to talk about current news and our boring lives and to make fun of LaEscapee! If we are ever running late, it’s PhilJD’s fault.

 photo stress free zone_zps7hlsflkj.jpg

This Day in History

Hurricane Camille hits Gulf Coast; President Clinton admits relationship with Monica Lewinsky; Gold found in Canada’s Yukon; Robert Fulton’s steamboat ride; Rudolf Hess dies; Actor Robert DeNiro born.

Breakfast Tunes

Something to Think about over Coffee Prozac

A people without the knowledge of their past history, origin and culture is like a tree without roots.

Marcus Garvey

Continue reading

The Russian Connection: Kentucky’s Catch 22

The Senate Majority Leader, Moscow Mitch, has put his home state, Kentucky, behind the proverbial 8 ball with his Catch 22 legislative maneuvering to secure a deal with a still sanctioned Russian aluminum oligarch, Oleg Derepaska. His economic treason has left his state’s legislature and the US Congress no room to reign in Russian interference in US affairs.

Kentucky State Representative Kelly Flood talks with MSNBC host Rachel Maddow about her reservations about supporting a new aluminum plant in Kentucky now that much of the financing for the project comes from a previously sanctioned Russian company founded by the still-sanctioned Deripaska.

Rachel next guest, Laura Rosenberger, director of the Alliance for Securing Democracy, talks about Russia’s strategy of exploiting a country’s instability or disunity and installing its businesses into a country’s economy to get leverage over the target country’s political decisions.

Pondering the Pundits

Pondering the Pundits” is an Open Thread. It is a selection of editorials and opinions from> around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Pondering the Pundits”.

Follow us on Twitter @StarsHollowGzt

Paul Krugman: From Trump Boom to Trump Gloom

The smart money thinks Trumponomics is a flop.

Last year, after an earlier stock market swoon brought on by headlines about the U.S.-China trade conflict, I laid out three rules for thinking about such events. First, the stock market is not the economy. Second, the stock market is not the economy. Third, the stock market is not the economy.

But maybe I should add a fourth rule: The bond market sorta kinda is the economy.

An old economists’ joke says that the stock market predicted nine of the last five recessions. Well, an “inverted yield curve” — when interest rates on short-term bonds are higher than on long-term bonds — predicted six of the last six recessions. And a plunge in long-term yields, which are now less than half what they were last fall, has inverted the yield curve once again, with the short-versus-long spread down to roughly where it was in early 2007, on the eve of a disastrous financial crisis and the worst recession since the 1930s.

Neither I nor anyone else is predicting a replay of the 2008 crisis. It’s not even clear whether we’re heading for recession. But the bond market is telling us that the smart money has become very gloomy about the economy’s prospects. Why? The Federal Reserve basically controls short-term rates, but not long-term rates; low long-term yields mean that investors expect a weak economy, which will force the Fed into repeated rate cuts.

So what accounts for this wave of gloom? Much though not all of it is a vote of no confidence in Donald Trump’s economic policies.

Eugene Robinson: If Trump retires to Mar-a-Lago, he better know how to swim

Someday, in the not-so-distant future, sea-level rise could claim Mar-a-Lago. Perhaps President Trump — by then no doubt disgraced, shunned and all but forgotten — would still be around to see his beloved Florida resort wiped out by a “Chinese hoax.”

Of all the wrongheaded policies Trump and his Republican Party insist on pursuing, their stubborn denial of climate change is the most baffling — and the most obviously self-destructive. Everything is personal with Trump. Can’t anybody get it through his head that his own coastal properties are urgently threatened? And that he is going out of his way to hasten their demise?

The National Oceanic and Atmospheric Administration reported Thursday that July 2019 was the hottest month on planet Earth since record-keeping began in the 1880s. Wherever you live, think back to all the punishing heat waves you’ve experienced. Globally, July was worse.

Michelle Goldberg: With Trump as President, the World Is Spiraling Into Chaos

Trump torched America’s foreign policy infrastructure. The results are becoming clear.

In a world spiraling towards chaos, we can begin to see the fruits of Donald Trump’s erratic, amoral and incompetent foreign policy, his systematic undermining of alliances and hollowing out of America’s diplomatic and national security architecture. Over the last two and a half years, Trump has been playing Jenga with the world order, pulling out once piece after another. For a while, things more or less held up. But now the whole structure is teetering.

To be sure, most of these crises have causes other than Trump. Even competent American administrations can’t dictate policy to other countries, particularly powerful ones like India and China. But in one flashpoint after another, the Trump administration has either failed to act appropriately, or acted in ways that have made things worse. “Almost everything they do is the wrong move,” said Susan Thornton, who until last year was the acting assistant secretary of state for East Asian and Pacific affairs, America’s top diplomat for Asia.

Consider Trump’s role in the Kashmir crisis. In July, during a White House visit by Pakistani Prime Minister Imran Khan, Trump offered to mediate India and Pakistan’s long-running conflict over Kashmir, even suggesting that Indian Prime Minister Narendra Modi had asked him to do so. Modi’s government quickly denied this, and Trump’s words reportedly alarmed India, which has long resisted outside involvement in Kashmir. Two weeks later, India sent troops to lock Kashmir down, then stripped it of its autonomy.

Americans have grown used to ignoring Trump’s casual lies and verbal incontinence, but people in other countries have not.

 

Catherine Rampell: Trump has a dream team for mismanaging a recession

President Trump inherited a good economy, and for roughly 2½ years managed (mostly) not to mess it up. As with his business empire, he also somehow convinced much of the public that this windfall was due to his personal talents rather than luck.

But right now his luck — and ours — might be running out.

Bond markets are flashing warning signs. Stock prices are whipsawing. Some troubling economic data are rolling in, both here and abroad. All this suggests that the risk of a U.S. recession is rising.

Trump seems to be worried about getting blamed for what is coming. For months, he’s been setting up the Federal Reserve as a scapegoat — including for market swings caused by his own foolish trade wars. When stocks go up, Trump claims full credit; when they go down, it’s the Fed’s fault. Personal responsibility and all that.

My view on what he (and the rest of us) should be fixed on is slightly different. If indeed we have a downturn, Trump might or might not be the cause; the exact triggers of recession are often hard to pinpoint. But you know what would unequivocally be his fault, rather than fickle fortune?

A badly mismanaged recession. Which seems inevitable if indeed recession strikes.

Paul Waldman: Donald Trump is terrified, and he wants you to be, too

President Trump is gripped by fear.

That is the message coming through from his public statements, his recent policy decisions, and reporting from inside the White House that paints a picture of a president increasingly rattled and irrational, striking out wildly as he searches for an argument that will frighten Americans enough to reelect him.

Let’s take a tour around the news today:

  • Trump told his fervid supporters at a rally Thursday that if he is not reelected, the economy will crash. “You have no choice but to vote for me because your 401(k)’s down the tubes. Everything is going to be down the tubes. So whether you love me or hate me, you’ve got to vote for me.”
  • Amid growing signs of a coming economic downturn, he is reportedly experiencing a combination of denial and rage. “Trump has a somewhat conspiratorial view, telling some confidants that he distrusts statistics he sees reported in the news media and that he suspects many economists and other forecasters are presenting biased data to thwart his reelection,” The Post reports. But he has also “told aides and allies that [Federal Reserve Chair Jerome H. Powell] would be a scapegoat if the economy goes south.”
  • Trump is increasingly using the powers of the presidency against his perceived enemies: “The president has grounded a military jet set for use by the Democratic House speaker, yanked a security clearance from a former CIA director critical of him, threatened to withhold disaster aid from states led by Democrats, pushed to reopen a criminal investigation targeting Hillary Clinton and publicly called for federal action to punish technology and media companies he views as biased against him.”
  • When he learned that Reps. Rashida Tlaib (D-Mich.) and Ilhan Omar (D-Minn.) were planning a visit to Israel, Trump pressured Israeli Prime Minister Benjamin Netanyahu to bar them from the country — yes, a U.S. president pushing a foreign government to refuse entry to U.S. public officials. Netanyahu initially relented, then after near-universal international condemnation, announced that Tlaib would be allowed to visit her elderly grandmother on the West Bank.
  • In the most bizarre bit of news, Trump reportedly has expressed interest in buying Greenland, a suggestion that should make us wonder whether he has gone completely off the deep end. His own staff seems to be wondering too: “The presidential request has bewildered aides, some of whom continue to believe it isn’t serious, but Trump has mentioned it for weeks.” Perhaps if they stall him for a while, he won’t order them to blow up the moon and build him a time machine.

In all this, it’s the economic news that really has Trump sweating. As any sensible observer understands, presidents get more credit than they deserve when the economy does well and more blame than they deserve when it does poorly, because most of what happens in a country with about 330 million people and more than $20 trillion of economic activity is out of their control.

Traitors!

I have long inveighed against the stupidity and short sightedness of “Centrists”, particularly those who pretend to be Democrats. In particular I have named the “Third Way” think tank as particularly bone-headed and idiotic, but it turns out I may have been too charitable to what now is revealed to be basically a Koch brothers funded Trojan Horse.

The Kochs Funded Third Way to Push Free Trade to Democrats, New Book Says
by Ryan Grim and Andrew Perez, The Intercept
August 13 2019

In the fall of 2007, the tide was beginning to turn against free trade, as the ongoing hollowing out of the American middle class was becoming associated with globalization and the offshoring of jobs. Its leading public opponent was the bombastic CNN anchor Lou Dobbs, a proto-Trump whose economic nationalism curdled easily into racism and nativism. Many Democrats, too, were turning sour on free trade. Then-President George W. Bush relied on Republican votes to ram through the Central American Free Trade Agreement in 2005, but future deals were looking far from certain, particularly after Democrats seized control of Congress in the 2006 midterms.

This was a direct threat to Koch Industries, the sprawling business empire long led by billionaire brothers Charles and David Koch. The fossil-fuel giant’s business has long been based on importing oil from Canadian tar sands, which it refines at its massive Pine Bend plant in Minnesota — and the opposition to free trade threatened to make that business much more costly. The Kochs desperately needed help with Democrats, so they turned to a reliable partner: Third Way.

According to the new book “Kochland,” written by investigative reporter Christopher Leonard, Koch Industries secretly financed a report by Third Way, a corporate-funded think tank with ties to the centrist wing of the Democratic Party. The report, titled “Why Lou Dobbs is Winning” and published in November 2007, was written to promote the free trade agenda to liberals. The white paper explained it would be the first salvo in a yearlong effort to reshape the messaging around trade policy, warning that “a new and powerful populist strain has emerged on both the left and the right of American politics that threatens to turn the nation fearful and inward.”

While Third Way’s report did not note any funding from Koch Industries or any related companies or organizations, it did offer thanks to Rob Hall, then a lobbyist for Koch Industries’ Invista division, “for his support in helping us conceive of and design Third Way’s trade project,” adding credence to Leonard’s claim that the Kochs were behind the effort. Hall was previously a Koch executive. The report also added: “The authors offer their sincerest thanks to Third Way’s Board of Trustees for their continuing intellectual support of Third Way and in particular for providing several of the key initial insights on which this paper is built.” Third Way’s board of trustees is a who’s who of Wall Street and corporate elites.

The Third Way report was rolled out in coordination with then-Rep. Joe Crowley, a Democrat representing the Bronx and Queens, and then-Rep. Melissa Bean of Chicago. Both were leading figures in the party’s pro-business wing. “We all have to begin to speak differently about trade, how it benefits the economy and foreign policy, how it helps Americans and people abroad,” Crowley said in a 2007 Politico article.

The report, which was part of a broader push by Third Way and others to sell free trade policies to Democratic politicians, laid out a series of prescriptions to reframe the debate, and not a moment too soon. The global economic crisis that struck in 2008, which was met with austerity policies around the world, took whatever fuel there was behind the populist movement and lit it on fire.

The Obama administration embraced free trade, making the enactment of the 12-nation Trans-Pacific Partnership a cornerstone of its global trade policy that was widely opposed on the left and right. Donald Trump made opposition to free trade a central component of his campaign and rode to the White House over the objections of the Koch brothers. He immediately pulled out of the TPP negotiations and has made opposition to free trade a central component of his presidency. The leading progressive Democratic candidates for president, Sens. Elizabeth Warren and Bernie Sanders, both opposed the free trade agreement.

After losing a primary to Rep. Alexandria Ocasio-Cortez, Crowley is now employed by a lobbying firm and working to pass Trump’s renegotiated NAFTA. Bean recently left JPMorgan Chase to become CEO of Mesirow Wealth Advisors.

Third Way has consistently warned against the rise of populism on the left. In 2013, the group attacked Warren, warning she would take the party off a “populist cliff.” Third Way now claims to have come to terms with Warren and contends there’s a greater threat from Sanders’ brand of democratic socialism.

So, evil, not stupid.

There’s a deal of discussion about the merits of “Free Trade Policy” which I consider no more relevant than a Shaman’s superstitious mumblings. If you study Economics at all you know that anything with the word “Free” attached to make it more attractive is actually rather the opposite. What “Free” mostly means is “THIS IS A SCAM” in flashing neon letters (too bad HTML got rid of the ‘blink’ command).

All Trade is regulated, all Markets are regulated, the only question is qui bono?

To rail against “Populism” is to complain that the collective judgement of the majority is wrong and that your ‘less popular (by definition)’ program is the correct course of action, which is a brave and noble stand to take if backed by evidence, but mere self-serving propaganda without it.

Moreover it’s not just a Brexit thin margin. Leftist policies have enormous Super Majority support and politicians who chose to ignore that are in danger of losing their phony bologna jobs, why do you think they work so hard to disguise the fact that’s exactly what they’re doing? Good riddance you corrupt bastards.

Cartnoon

Have you ever Kipled? The English Major tells me that’s screamingly funny.

Take up the White Man’s burden
Send forth the best ye breed –
Go bind your sons to exile
To serve your captives’ need;
To wait in heavy harness
On fluttered folk and wild –
Your new-caught sullen peoples,
Half devil and half child.

Take up the White Man’s burden –
In patience to abide
To veil the threat of terror
And check the show of pride;
By open speech and simple,
An hundred times made plain,
To seek another’s profit,
And work another’s gain.

Take up the White Man’s burden –
The savage wars of peace –
Fill full the mouth of famine
And bid the sickness cease;
And when your goal is nearest
The end for others sought,
Watch Sloth and heathen Folly
Bring all your hopes to nought.

Take up the White Man’s burden –
No tawdry rule of kings,
But toil of serf and sweeper –
The tale of common things.
The ports ye shall not enter,
The roads ye shall not tread,
Go make them with your living,
And mark them with your dead !

Take up the White Man’s burden –
And reap his old reward,
The blame of those ye better,
The hate of those ye guard –
The cry of hosts ye humour
(Ah slowly !) towards the light:-
“Why brought ye us from bondage,
“Our loved Egyptian night ?”

Take up the White Man’s burden –
Ye dare not stoop to less –
Nor call too loud on Freedom
To cloak your weariness;
By all ye cry or whisper,
By all ye leave or do,
The silent sullen peoples
Shall weigh your Gods and you.

Take up the White Man’s burden –
Have done with childish days –
The lightly proffered laurel,
The easy, ungrudged praise.
Comes now, to search your manhood
Through all the thankless years,
Cold-edged with dear-bought wisdom,
The judgement of your peers.

1899

Hey, we do Front Page Poetry. It doesn’t have to be good.

At the time people took this essay as a direct response to Kipling.

To the Person Sitting in Darkness*
by Mark Twain, 1901

Let us be franker than Mr. Chamberlain (ed. note: not the one you think); let us audaciously present the whole of the facts, shirking none, then explain them according to Mr. Chamberlain’s formula. This daring truthfulness will astonish and dazzle the Person Sitting in Darkness, and he will take the Explanation down before his mental vision has had time to get back into focus. Let us say to him:

“Our case is simple. On the 1st of May, Dewey destroyed the Spanish fleet. This left the Archipelago in the hands of its proper and rightful owners, the Filipino nation. Their army numbered 30,000 men, and they were competent to whip out or starve out the little Spanish garrison; then the people could set up a government of their own devising. Our traditions required that Dewey should now set up his warning sign, and go away. But the Master of the Game happened to think of another plan – the European plan. He acted upon it. This was, to send out an army – ostensibly to help the native patriots put the finishing touch upon their long and plucky struggle for independence, but really to take their land away from them and keep it. That is, in the interest of Progress and Civilization. The plan developed, stage by stage, and quite satisfactorily. We entered into a military alliance with the trusting Filipinos, and they hemmed in Manila on the land side, and by their valuable help the place, with its garrison of 8,000 or 10,000 Spaniards, was captured – a thing which we could not have accomplished unaided at that time. We got their help by – by ingenuity. We knew they were fighting for their independence, and that they had been at it for two years. We knew they supposed that we also were fighting in their worthy cause – just as we had helped the Cubans fight for Cuban independence – and we allowed them to go on thinking so. Until Manila was ours and we could get along without them. Then we showed our hand. Of course, they were surprised – that was natural; surprised and disappointed; disappointed and grieved.”

“To them it looked un-American; uncharacteristic; foreign to our established traditions. And this was natural, too; for we were only playing the American Game in public – in private it was the European. It was neatly done, very neatly, and it bewildered them. They could not understand it; for we had been so friendly – so affectionate, even – with those simple-minded patriots! We, our own selves, had brought back out of exile their leader, their hero, their hope, their Washington – Aguinaldo; brought him in a warship, in high honor, under the sacred shelter and hospitality of the flag; brought him back and restored him to his people, and got their moving and eloquent gratitude for it. Yes, we had been so friendly to them, and had heartened them up in so many ways! We had lent them guns and ammunition; advised with them; exchanged pleasant courtesies with them; placed our sick and wounded in their kindly care; entrusted our Spanish prisoners to their humane and honest hands; fought shoulder to shoulder with them against “the common enemy” (our own phrase); praised their courage, praised their gallantry, praised their mercifulness, praised their fine and honorable conduct; borrowed their trenches, borrowed strong positions which they had previously captured from the Spaniard; petted them, lied to them – officially proclaiming that our land and naval forces came to give them their freedom and displace the bad Spanish Government – fooled them, used them until we needed them no longer; then derided the sucked orange and threw it away. We kept the positions which we had beguiled them of; by and by, we moved a force forward and overlapped patriot ground – a clever thought, for we needed trouble, and this would produce it. A Filipino soldier, crossing the ground, where no one had a right to forbid him, was shot by our sentry. The badgered patriots resented this with arms, without waiting to know whether Aguinaldo, who was absent, would approve or not. Aguinaldo did not approve; but that availed nothing. What we wanted, in the interest of Progress and Civilization, was the Archipelago, unencumbered by patriots struggling for independence; and the War was what we needed. We clinched our opportunity. It is Mr. Chamberlain’s case over again – at least in its motive and intention; and we played the game as adroitly as he played it himself.”

At this point in our frank statement of fact to the Person Sitting in Darkness, we should throw in a little trade-taffy about the Blessings of Civilization – for a change, and for the refreshment of his spirit – then go on with our tale:

“We and the patriots having captured Manila, Spain’s ownership of the Archipelago and her sovereignty over it were at an end – obliterated – annihilated – not a rag or shred of either remaining behind. It was then that we conceived the divinely humorous idea of buying both of these spectres from Spain! [It is quite safe to confess this to the Person Sitting in Darkness, since neither he nor any other sane person will believe it.] In buying those ghosts for twenty millions, we also contracted to take care of the friars and their accumulations. I think we also agreed to propagate leprosy and smallpox, but as to this there is doubt. But it is not important; persons afflicted with the friars do not mind the other diseases.

“With our Treaty ratified, Manila subdued, and our Ghosts secured, we had no further use for Aguinaldo and the owners of the Archipelago. We forced a war, and we have been hunting America’s guest and ally through the woods and swamps ever since.”

At this point in the tale, it will be well to boast a little of our war-work and our heroisms in the field, so as to make our performance look as fine as England’s in South Africa; but I believe it will not be best to emphasize this too much. We must be cautious. Of course, we must read the war-telegrams to the Person, in order to keep up our frankness; but we can throw an air of humorousness over them, and that will modify their grim eloquence a little, and their rather indiscreet exhibitions of gory exultation.

Having now laid all the historical facts before the Person Sitting in Darkness, we should bring him to again, and explain them to him. We should say to him:

“They look doubtful, but in reality they are not. There have been lies; yes, but they were told in a good cause. We have been treacherous; but that was only in order that real good might come out of apparent evil. True, we have crushed a deceived and confiding people; we have turned against the weak and the friendless who trusted us; we have stamped out a just and intelligent and well-ordered republic; we have stabbed an ally in the back and slapped the face of a guest; we have bought a Shadow from an enemy that hadn’t it to sell; we have robbed a trusting friend of his land and his liberty; we have invited our clean young men to shoulder a discredited musket and do bandit’s work under a flag which bandits have been accustomed to fear, not to follow; we have debauched America’s honor and blackened her face before the world; but each detail was for the best. We know this. The Head of every State and Sovereignty in Christendom and ninety per cent. of every legislative body in Christendom, including our Congress and our fifty State Legislatures, are members not only of the church, but also of the Blessings-of-Civilization Trust. This world-girdling accumulation of trained morals, high principles, and justice, cannot do an unright thing, an unfair thing, an ungenerous thing, an unclean thing. It knows what it is about. Give yourself no uneasiness; it is all right.”

Now then, that will convince the Person. You will see. It will restore the Business. Also, it will elect the Master of the Game to the vacant place in the Trinity of our national gods; and there on their high thrones the Three will sit, age after age, in the people’s sight, each bearing the Emblem of his service: Washington, the Sword of the Liberator; Lincoln, the Slave’s Broken Chains; the Master, the Chains Repaired.

It will give the Business a splendid new start. You will see.

Everything is prosperous, now; everything is just as we should wish it. We have got the Archipelago, and we shall never give it up. Also, we have every reason to hope that we shall have an opportunity before very long to slip out of our Congressional contract with Cuba and give her something better in the place of it. It is a rich country, and many of us are already beginning to see that the contract was a sentimental mistake. But now – right now – is the best time to do some profitable rehabilitating work – work that will set us up and make us comfortable, and discourage gossip. We cannot conceal from ourselves that, privately, we are a little troubled about our uniform. It is one of our prides; it is acquainted with honor; it is familiar with great deeds and noble; we love it, we revere it; and so this errand it is on makes us uneasy. And our flag – another pride of ours, our chiefest! We have worshipped it so; and when we have seen it in far lands – glimpsing it unexpectedly in that strange sky, waving its welcome and benediction to us – we have caught our breath, and uncovered our heads, and couldn’t speak, for a moment, for the thought of what it was to us and the great ideals it stood for. Indeed, we must do something about these things; we must not have the flag out there, and the uniform. They are not needed there; we can manage in some other way. England manages, as regards the uniform, and so can we. We have to send soldiers – we can’t get out of that – but we can disguise them. It is the way England does in South Africa. Even Mr. Chamberlain himself takes pride in England’s honorable uniform, and makes the army down there wear an ugly and odious and appropriate disguise, of yellow stuff such as quarantine flags are made of, and which are hoisted to warn the healthy away from unclean disease and repulsive death. This cloth is called khaki. We could adopt it. It is light, comfortable, grotesque, and deceives the enemy, for he cannot conceive of a soldier being concealed in it.

I’ll note this is the same war the Unindicted Co-conspirator Bottomless Pinocchio brags about Pershing executing Prisoners with bullets dipped in pig’s blood because they were Muslim (which is very probably not true at at all even if you discount the source, Pershing was evil in a lot of ways but there’s scant evidence this was one of them).

And Sam didn’t talk about Jim Blaine all the time either.

More Star Trek Economics!

I’m not an Economist, I’m a History Major and I hated and resented every single minute I spent in class and received (justly) grades that reflected that fact. My Uncle had a Doctorate and was a Vice President at a Bank. He ended up with a Carrel that had a view of the window.

No, seriously. It was in the outer ring.

So this is like, 2 days old and surprisingly lucid about non-scarcity economics. I don’t agree with everything but it certainly highlights some of the important questions.

So who is Steve Shives? I don’t know much about him really, and the fact he popped up unbidden on my YouTube feed is beyond creepy. He’s mostly Trek related, but he’s not very popular. He also does stuff like this-

And this-

Load more