Showing posts with label elizabeth warren. Show all posts
Showing posts with label elizabeth warren. Show all posts

Wednesday, September 11, 2019

Universal Basic Income (aka Freedom Dividend) Is Not Free Money



Somebody built the road in front of your house. You did not. Is that a "free" road? Does that road make you lazy? Is that road bad karma?

The road is infrastructure. For most people that is easy to grasp because it is physical, it is there. You see it.

Education and health are also infrastructures. But they are less concrete. You can't build a knowledge economy unless you make massive investments in education and health.

UBI, Universal Basic Income, is similarly infrastructure. It is just like the road. Before the UBI, poverty starts at zero. When you are poor, you are desperate. With UBI, you are still poor. But now poverty starts at 12,000 dollars as per the Andrew Yang proposal in circulation right now. You are no longer desperate. For a couple, that is 24K a year. That is not luxury income, but at least you can hope to get by.

But that's a lot of money in aggregate. It comes to trillions of dollars.

That is the thing.

(1) The income and wealth gap between the richest and the poorest is too wide, in this country as well as globally. That wide gap is not healthy for democracy. It is not healthy for the market economy. In fact, left to its own devices, that gap will keep getting wider and wider until there is a collapse of civilization. This is existential. And so a wealth tax makes sense. Elizabeth Warren is taking the lead on this one. She proposes that you pay two cents for every dollar you have above 50 million.

(2) Andrew Yang talks about a VAT, Value Added Tax, hardly an original idea. Most countries already have it. Instead of taxing income or wealth, you tax every business transaction, not just between companies and consumers, but also between companies. B2B as well as B2C.

(3) All the money that the government is already giving out to people comes to something like almost two trillion. But now, instead of making people fill out forms and harass them and humiliate them, you just give it to them. Cuts out a lot of red tape. Slims down the bureaucracy. Republicans should love this.

(4) My personal favorite that I don't see anyone on the campaign trail talk about is that all data generated by one person is that person's own personal oil well. Data is the oil. Companies may collect it, but they may not own it. Individuals own their data. This data is lucrative enough that it can fund the UBI for all humanity. But I am not at all opposed to the first three.

Humanity is about to enter an Age Of Abundance, mostly technology-driven.

Just like the industrial revolution brought to an end numerous jobs in agriculture, the fourth industrial revolution is about to wipe out sector after sector of jobs. Handled well, we all can be better off. We could see interesting developments like shorter work weeks, longer vacations, people spending more time with family and friends.

I see numerous new jobs being created. People will have their UBI, that might start at 1K a month, but will gradually go up. On top of that, they will have jobs that pay them another 50K or 100K or 200K. These will be jobs that we have not even begun to imagine yet.

Just like a taxi driver does not have to build a car, and so can just focus on driving, think of robots and Artificial Intelligence as the new car. You can always do a value add on top of that.

People having more time for worship is not a bad idea. People having more time to spend with their parents, with their children is not a bad idea. There are tremendous unmet needs in education and health. New service sector jobs will get created. Art will flourish like never before. There will be a music and movies boom. People will travel more and there will be a greater cross-cultural understanding.

UBI is just basic infrastructure for the fourth industrial revolution.

Yang Warren 2020

Nobody is saying American Basic Income (ABI) though. UBI means universal. It can only work if it covers all humanity. It can be rolled out in stages.







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Yang Warren 2020



Hong Kong Should Inspire America?

Yang In The Top Five
Andrew Yang: Suave Politician?
Andrew Yang: Chicken?
Climate Talk And The Dems
2020: Current Lineup
Andrew Yang And Media Bias

Bernie Picked The Wrong Fight With Andrew Yang
Electoral College Idiocy
Andrew Yang: A Contender
Andrew Yang's Eureka Moment And The Political Work That Remains Doing
Andrew-Pete Ticket
#YangMediaBlackout
Biden's Resilience: Health Care?
Blatant Racial Bias Against Andrew Yang In The Mainstream Media
Andrew Yang Clocking At 4% And Fifth Position
Could Andrew Yang Become President?
Bernie And Andrew
America's Insane Gun Laws, Hate Ideologies, Mass Shootings: Recipe For Domestic Terrorism
The US Health Care Mess
Bernie: Reagan Or McCain?
The Third Democratic Debate

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Tuesday, September 10, 2019

Andrew Yang: Suave Politician?

Andrew Yang: Chicken?





At this stage in the campaign, it makes sense to do what Andrew Yang is doing. At this stage, it is about getting the idea across. Now is not the time to implement. The idea of a Universal Basic Income is utterly new to the US political system. And so, at this stage, the idea has to be peddled as simply as possible. No new taxes. Not too much money per month. Two-thirds of it paid for by existing programs reorganized and made paperless.

The current package can go all the way to November 2020. When the work begins, and details are fleshed out, or, say, if Elizabeth Warren ends up being Yang's running mate (he has said he would like someone with legislative experience), the UBI idea might wed the wealth tax idea during the party convention summer of 2020.

When it is time to implement in January 2021, the work can begin in earnest. It might take a year or two to put it into action. I am for the VAT that Yang is proposing. I am also for the wealth tax that Warren is proposing. A YW ticket?

Sometime before 2035 it is possible that the US economy might see a growth rate of 50% some year. The Freedom Dividend will need to correspondingly go up. It can't stay stuck at 1K a month. It needs to be indexed to something. There needs to be an anchor, so it automatically goes up when conditions change. In short, when the economy gets bigger.



Climate Talk And The Dems
2020: Current Lineup
Andrew Yang And Media Bias
Bernie Picked The Wrong Fight With Andrew Yang




 UBI Is The Minimum Wage Of The Knowledge Economy

Data is the new oil. Proof? Look at the companies with the largest market caps. Used to be Big Oil. Now it is all Big Tech.

UBI: Universal Basic Income.

The minimum wage idea was pretty offensive when it was first talked about? You mean YOU are going to tell me how much I pay my workers!? There is similar antagonism around the UBI concept. It is a sound concept. It just needs to be sold.



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Monday, September 09, 2019

Andrew Yang: Chicken?

Andrew Yang is just too apologetic about it.

Even if there were no robotics, no automation, no lost jobs, the freedom dividend would still make sense. The wealth inequality in this country and the world is plenty of reason to do the Universal Basic Income. That gap is unhealthy for democracy. It is unhealthy for capitalism. It is unhealthy for the market.

Elizabeth Warren is for a wealth tax. In simple terms, up to a wealth of 50 million, you don't pay. That is a high bar. But above that, you pay two cents on the dollar. So if you are Jeff Bezos, and your wealth is 100 billion, you pay two billion. Easy math. If you have to sell some of your shares in Amazon to do that, you sell.

But Warren is not (not yet) for the UBI. Warren: chicken?

Bernie Sanders: Big Chicken? The guy has this Soviet concept of work. Jobbing, is that you want?

Kamala Harris is finally like, 1K is too much. How about $500?

Kamala Harris: chicken.

The world does not stop at the Mexican border. Stop imitating Donald Trump. UBI will only work if it covers all humanity.

If you are going to lose a 50K trucking job, what are you going to do with 1K a month?

Andrew Yang: Chicken.

30-30-30-10: A More Thoughtful And Egalitarian Formula For Equity Distribution In Tech Startups For The Age Of Abundance
https://www.amazon.com/dp/B07QG48X51
The Blockchain: Fundamental Like The Internet https://www.amazon.com/dp/B07QNMBXDD
The Blockchain Rumble https://www.amazon.com/dp/B07V6QRM4D
The Character Called The Tech Entrepreneur https://www.amazon.com/dp/B07R1Q3PTZ
Inequality And Climate Change Are Existential: A Blueprint For Survival https://www.amazon.com/dp/B07RKYMC65/
Towards A World Government https://www.amazon.com/dp/B07QYPL4Q6
AOC 2028 https://www.amazon.com/dp/B07V2KF2RF    





The Freedom Dividend, Republicans can love. Because this means, no bigger government. The money goes straight to the consumer to spend. And this is money that will be spent. It will be like a nonstop stimulus to the economy.

If you decide to take UBI to all humanity, you immediately come across basic problems. Not everyone has an official ID, not everyone has a bank account, not everyone has something like a social security number, not everyone has access to credit. These problems will have to be solved fast. And it can be. Well, looks like, when you solve these problems, nobody wants to come to America. Happy, Donald? Shitty president.

This also solves the tax haven problem. Now you can't hide your money anywhere. All wealth will pay wealth tax. No matter if you keep your money in London or the Bahamas, you are paying. Parking money will no longer be an option for anyone. That will create pressure on all wealth. The rich will invest. If you are paying a 2% wealth tax, chances are you want to make at least a 5% return. Because five minus two is three. If your wealth is not generating income, it will gradually go down towards zero, as it should. Maybe not tomorrow. But in 50 years?

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Friday, September 06, 2019

2020: Current Lineup




President: Andrew Yang
Vice President: Elizabeth Warren
Attorney General: Kamala Devi Harris
Chancellor of the Obama Library: Joe Biden
Senate Lion, McCain of the Left: Bernie Sanders
Texas Governor: Beto
UN Ambassador: Tulsi Gabbard
Secretary Of Urban Affairs: Pete



How 2020 Presidential Candidates Can Raise Their Polling Numbers Andrew Yang: What do you have to lose? Bump it to 2K a month.



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Wednesday, August 28, 2019

Biden's Resilience: Health Care?



Joe Biden has been surprisingly resilient in the polls over the months. That might explain the senior citizen grip on the poll outcome. Young people don't vote. The seniors are the greatest beneficiary of the US federal government. They want to retain the gift that keeps giving.

I think there is unaddressed anxiety about Medicare For All. When Bernie and Warren say Medicare For All, they don't connect the dots. You describe a finished product. You don't explain how it will work and if it will work. You don't explain how you will go from the current arrangement to Medicare For All. What will happen during the transition?

People associate Biden with Obamacare, which by now is status quo. They like the status quo. That is how they get health insurance. Instead of thinking Medicare For All will take health insurance to everyone, most people think, Medicare For All means I will lose mine.

The political work has not been done. The explaining has not been done. So far Medicare For All has been a slogan, not a fleshed-out program.

I believe that explains Biden's resilient numbers in the polls. Biden does not shake the boat too much. You get one old white guy to replace another old white guy. If old white guy is your thing. For a lot of seniors, that seems to be make or break. There are seniors who say they "suffered" while Obama was president. The suffering came from merely having to watch him on TV. Not having an old white guy in the Oval Office caused discomfort. Or at least that seems to be the suggestion.

That "suffering" is a strange kind of suffering, if you ask me. Some call it white nationalism. By now white nationalist terrorism is officially in the Oxford Dictionary.

Whether America is ready to jump from Trump/Biden to an Andrew Yang is hard to tell right now. It is amazing how young people don't vote.



How Much Of A Threat Is Elizabeth Warren To Joe Biden’s Front-Runner Status? the pollster found him, at 19 percent support, in a three-way tie for first with Sens. Elizabeth Warren and Bernie Sanders, both at 20 percent. ..... with Biden on the decline and Warren and Sanders on the upswing.



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Tuesday, August 27, 2019

Andrew Yang Clocking At 4% And Fifth Position



If you go back into this blog's archives, I have consistently talked of Andrew Yang as the Secretary Of Labor. But now I have started to talk of him as a possible president. For a guy who has never been Mayor, Senator, Governor, Billionaire, for him to clock at 4% is mind-blowing. The dude has gone viral. I don't think anything like this has happened in a US presidential campaign.

The guy has the greatest momentum. He is polling at 4% nationally, he is in the fifth position. But measured by Google Search he is in the second position on his way to first.

It is amazing to me how the UBI idea falls into the blind spot of even the "socialists." Because the UBI idea truly is post-capitalism, post-socialism.

Andrew Yang represents a generational change. He also represents the 21st century. He represents the knowledge economy.

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Friday, August 02, 2019

The US Health Care Mess

And when I say mess, don't get me wrong, I am not saying there is an ebola epidemic in the US. I mean that in an organizational chart sense. When it comes to health care in the US as a whole, I think it is a scenario of the left hand does not know what the right hand is doing.

Describe to me how the system works right now. You can't. It is not like the curry on the plate was made with this one recipe, and now you are going to use a different recipe tomorrow.

You can't just throw more money at the problem. You can't just 100% privatize. You can't just 100% nationalize.

It is the biggest chunk of the economy. If you think about it, social security and medicare are such big parts of the US economy, as is defense, and you have health care, and is America not already a socialist country? The government in the US is bigger than it is acknowledged.

Good luck figuring it out.



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Bernie: Reagan Or McCain?

Ronald Reagan lost in 1976, ran again and won in 1980. Is that Bernie? Or McCain lost two times running for president. Is that Bernie? I am not counting out Bernie. He brings brute force to some basic progressive ideas. He might as well cross the line. It could be a Bernie-Warren ticket, with Kamala Harris as Secretary of State, or something, or Attorney General.





President: Bernie Sanders
Vice President: Elizabeth Warren
Attorney General: Kamala Harris
UN Ambassador: Tulsi Gabbard
Secretary of Labor: Andrew Yang
Secretary of Urban Affairs: Pete
Texas Governor: Beto

Who did I leave?

Corey Booker: Senator from New Jersey (you stay right where you are!)

Bernie jogs. Elizabeth drinks green tea. That would be their secrets.

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Thursday, July 11, 2019

Nate Silver's Midsummer Night's Dream





I am in broad agreement with Nate Silver here. He is that data guy. Only I venture forth to predict Joe Biden is going to sink like a stone as soon as people start tuning in. I don't see him winning either Iowa or New Hampshire. And then it is downhill from there. Harris will swamp Biden in South Carolina, should he not have already dropped out.

Between Elizabeth Warren and Kamala Harris, I just don't know at this point. If Warren is the nominee, Kamala Harris will be the natural pick for VP. If Harris is the nominee, on the other hand, the reverse is not true. Warren perhaps will go on to become Majority Leader in the Senate. Harris might pick Pete. It will be a good Midwestern Rust Belt balance to the coastal highflies.

Harris is more muscular on gender than Obama ever was on race. I like her stand on pay equity. I like how she asks, which male body part is the government regulating? That little finger on your right?


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Tuesday, June 18, 2019

Warren In The Lead

Right now if I had to bet who the Democratic nominee is going to be, I'd say that would be Elizabeth Warren. She is surging. She owns the wealth tax idea. Kamala and Pete are also doing remarkably well. There can be only one president at a time. But there's also Vice President, there's Secretary Of Urban Affairs. Andrew Yang similarly owns the Universal Basic Income idea. I'd love to see a two women ticket.

As for Trump, right now looks like every Dem can push him out, even Cory Booker, who is not even qualifying for the first debates (I think).

The beauty of so many people running is, if there is a healthy debate on ideas, they will all go on to shape the party platform.

President: Elizabeth Warren
Vice President: Kamala Harris
UN Ambassador: Tulsi Gabbard
Secretary of Urban Affairs: Pete Buttigieg
Secretary of Labor: Andrew Yang





2020: As Yet Unclear
The US Economy Is In Trouble
DC And Puerto Rico Statehood, And Still 50 States
Young And Progressive
Real Donald Jerry Seinfeld Trump?
Andrew Yang: The Only One With A Solution
A Bad Scenario For Trump
The Possible Outline Of A Deal Between Xi And Trump In June
Mueller Drops A Bomb
2020: The Year Of The Social Democrat
Andrew Yang: Universal Basic Income, Elizabeth Warren: Wealth Tax



Trump Set to Live-Tweet Democratic Debates Interacting in real time on Twitter would make Mr. Trump’s presence more tangible by directly inserting himself into the political conversation unfolding on stage. His posts could provide instant responses as well as insights into which attacks he feels most acutely.

DEMOCRATS CAN BOTH IMPEACH TRUMP AND WIN 2020 More Americans than not want to impeach Trump. That figure has only increased since the Mueller report was released and Special Counselor Mueller's subsequent statement. That suggests that the more evidence that comes out against Trump—which would happen during an investigation—the more popular impeachment becomes. ..... a higher proportion of Americans today support impeachment than when Congress began impeachment inquiries into Richard Nixon. That number steadily rose over the course of Nixon's public impeachment inquiry, until Nixon resigned to avoid an impeachment vote. ...... people of color overwhelmingly want to begin impeachment inquiries into Trump. ..... 59 percent of people of color agree with impeaching Trump while just 31 percent of white people do. ...... Democratic lawmakers increasingly rely on people of color to show up at the polls to remain in office, but following an unfortunately familiar pattern, then ignore the views of the very people responsible for voting them into office......... Avoiding a head-on confrontation didn't work for "Little Marco," and it's a bad strategy for Democrats. ..... In the same way that Medicare for All is a bold, principled position that Republicans actually like, supporting the constitution steadfastly is a principled position, though I'm not sure "bold." Just look at this Saturday's event in deep-Red Battle Creek, Michigan—a town represented by the only Republican in Congress on the record for impeachment...... Avoidance and delays aren't neutral; they send a very clear message. And that message is that the president is above the law and that the Democratic party is unprepared or unwilling to challenge that fact.

Elizabeth Warren, Bernie Sanders, and Two Paths for the American Left
Inside Donald Trump's Florida obsession
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Monday, June 17, 2019

2020: As Yet Unclear

The picture for 2020 is hardly clear. But I for one am happy there are so many Democrats running for president. Let there be a fierce contest of ideas. Let the contestants refrain from personal attacks. Expect the president to be rattled that for now people are paying much less attention to him. Expect him to throw temper tantrums to shift attention away from the contesting Dems to himself. Expect him to make pointed personal attacks.

Elizabeth Warren is the only person in the Democratic field who might go toe to toe with Trump on attacks. When they go low, you go high, yes. But going silent is not going high. Not fighting is not going high. Warren will deliver fierce rebuttals when it is time.

There were entire stretches in the Fall of 2016 when Hillary was missing in action. For weeks she utterly refused to defend the Clinton Foundation to which she had attached her own name earlier that year. If you can't even defend something like the Clinton Foundation, what can you defend? Unless there is an evolution to a more enlightened political culture, the rules of the game are you fight back.

Nancy Pelosi is doing the Hillary thing right now. She is like, we need to investigate. What do you think Mueller was doing? He completed his work. He investigated.

Obama's contribution to Hillary's defeat in 2016 was that he refused to fight Mitch McConnell on the Supreme Court justice question. The Senate owes a presidential nominee for the Supreme Court a yes or no vote. So says the constitution. Obama refused to defend the US constitution.

Trump inviting any and all foreign governments to hand him dirt on his 2020 political opponents is the kind of behavior you enable when you don't bring him to book on his 2016 behavior. He likewise asked Russia if "you are listening" in 2016. It was not a hidden act. It was from the pulpit. Had he done so in a private meeting with the Russian ambassador, would that have been collusion? Russia responded. And Russia got duped. Russia thought Trump will end the US sanctions in February 2017. Just like there were people who thought Trump will build a wall on the Mexico border, Trump will bring back all the lost manufacturing jobs. Duped and duped.

If you believe a bullshitter, shame on you. Shame on the bullshitter maybe later, but first shame on you.



The many 2020 polls are telling a pretty clear story Sen. Bernie Sanders has plateaued, and Sen. Elizabeth Warren is surging ...... Biden’s and Sanders’s support have flagged, Warren is on the rise, with Buttigieg and Harris a cut above the rest of the field.......some erosion for Biden and Sanders, while others like Warren and Buttigieg are growing in voters’ estimation. ...... the polling for Trump continues to look bad. ....... he’s underwater in the key battleground states that were key to his victory last time. His approval rating is still low. His internal polling keeps leaking and keeps looking terrible. And while head-to-head polling is of limited value this early in the game, he appears to be losing to every Democratic candidate in a potential 2020 matchup.



Elizabeth Warren Is Completely Serious About income inequality. About corporate power. About corrupt politics. And about being America’s next president. ...... and canisters of tea. She drinks many cups a day ...... ..to propagate policy proposals that she has been thinking about for decades ....... We’ve moved the Overton window” — the range of ideas deemed to merit serious consideration — “on how we think about taxes. And I think, I think we’re about to move it on child care.”....... Her plan, announced in January, would raise $2.75 trillion in revenue over 10 years through a 2 percent tax on assets over $50 million and a higher rate for billionaires. Warren wants to use some of that money to pay for universal child care on a sliding scale....... (she tries to record six miles a day on her Fitbit), and sometimes she comes across as a little frenetic, like a darting bird. ........ For her entire career, Warren’s singular focus has been the growing fragility of America’s middle class. She made the unusual choice as a law professor to concentrate relentlessly on data, and the data that alarms her shows corporate profits creeping up over the last 40 years while employees’ share of the pie shrinks. ........... in the 1980s, politicians began reworking the rules for the market to the specifications of corporations that effectively owned the politicians. ....... the wealthiest top 0.1 percent of Americans now own nearly as much as the bottom 90 percent. ....... On the trail, she says “I have a plan for that” so often that it has turned into a T-shirt slogan. Warren has plans (about 20 so far, detailed and multipart) for making housing and child care affordable, forgiving college-loan debt, tackling the opioid crisis, protecting public lands, manufacturing green products, cracking down on lobbying in Washington and giving workers a voice in selecting corporate board members.

Her grand overarching ambition is to end America’s second Gilded Age.

.........“Teddy Roosevelt.” Warren admires Roosevelt for his efforts to break up the giant corporations of his day — Standard Oil and railroad holding companies — in the name of increasing competition. ......... trustbusting was helpful, not hostile, to the functioning of the market and the government. ....... if you get the structures right, then the markets start to work to produce value across the board, not just sucking it all up to the top.” ...... Far too often, Democrats have been unwilling to get out there and fight.” ........ and sharp criticism from the Cherokee Nation, who faulted her for confusing the issue of tribal membership with blood lines. ........ Sanders has been leading Warren in the polls, but his support remains flat, while her numbers have been rising, even besting his in a few polls in mid-June........ (Warren also favors ending the filibuster in the Senate.) Warren wants to prevent companies that offer an online marketplace and have annual revenue of $25 billion or more from owning other companies that sell products on that platform. In other words, Amazon could no longer sell shoes and diapers and promote them over everyone else’s shoes and diapers — giving a small business a fair chance to break in......... Income rose along with union membership, and 70 percent of the increase went to the bottom 90 percent. That shared prosperity built, in Warren’s telling, “the greatest middle class the world had ever known.”......Warren criticizes government as “a tool for the wealthy and well connected,” while asking voters to believe that she can remake it to help solve their problems ...... Workers often turn on other workers rather than their bosses and the shadowy forces behind them. ...... Oklahoma, the childhood home that shaped her and where her three brothers still live and her family’s roots are multigenerational. If you include Texas, where Warren lived in her early 20s and for most of her 30s, she spent three formative decades far from the Northeast....... In 1981, she added a bankruptcy class and discovered a question that she wanted to answer empirically: Why were personal bankruptcy rates rising even when the economy was on the upswing?......... At first, Warren accepted the assumption that people were causing their own financial ruin....... Warren, Westbrook and Sullivan found that 90 percent of consumer bankruptcies were due to a job loss, a medical problem or the breakup of a family through divorce or the death of a spouse.......The banks and lenders paid people to go to the hearings, wrote campaign checks and employed an army of lobbyists. People who went bankrupt often didn’t want to draw attention to themselves, and by definition, they had no money to fight back. ....... Warren wanted feminism to be wider in scope and centered on economic injustice. She urged students to take business-law classes....... Her main point was that a family’s additional income, when a second parent went to work, was eaten up by the cost of housing, and by child care, education and health insurance. ......

Warren is framing child care as a collective good, like public schools or roads and bridges.

....... Warren called out Timothy Geithner, Obama’s Treasury secretary, for focusing on bailing out banks rather than small businesses and homeowners. ....... Stewart leaned forward and told Warren she had made him feel better than he had in months. “I don’t know what it is that you just did right there, but for a second that was like financial chicken soup for me,” he said. ....... Warren was an unusual political phenomenon by then: a policy wonk who was also a force and a symbol. ......

“You built a factory out there?” Warren said, defending raising taxes on the wealthy. “Good for you. But I want to be clear: You moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did.”

........ among white voters, perceived racial or global threats explained their shift toward Trump better than financial concerns did. ...... the period from 1935 to 1980, she’s talking about a time of greater economic equality — but also a period when people of color were excluded from the benefits of government policies that buoyed the white middle class ....... the federal agency created during the New Deal drew red lines around mostly black neighborhoods on maps to deny mortgage loans to people who lived in them. ......Redlining contributed to the racial wealth gap, and that had consequences Warren saw in her bankruptcy studies — black families were more vulnerable to financial collapse. Their vulnerability was further heightened by subprime and predatory lending. ...... “Realize that into the 1960s in America, the federal government was subsidizing the purchase of homes for white families and discriminating against black families.” ...... she supported a “national full-blown conversation” about reparations for slavery and Jim Crow....... “Today in America — because of housing discrimination, because of employment discrimination — we live in a world where the average white family has $100 and the average black family has about $5.” ...... She talked about women expressing to her their distress about sexual harassment and assault. “Well, yeah,” Warren said. “No kidding that a woman might be angry about that. Women have a right to be angry about being treated badly.” ....... by waging trade wars that hurt farm states and manufacturing regions more than the rest of the country, Trump has punished his base economically ..... “She’s lecturing,” he said. “There’s a lot of resistance, because people feel like she’s talking down to them.” ......... a double bind for professional women: To command respect, they have to prove that they’re experts, but once they do, they’re often seen as less likable. ....... the two candidates who defeated Berlusconi treated him as “an ordinary opponent,” focusing on policy issues rather than his character. ....... He now thinks that Warren is positioned to mount that kind of challenge. “I think so,” he said, “if she does not fall for his provocations.” ........

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