Thursday, November 17, 2016

There Is Unfair, And Then There Is Politics

The FBI was unfair. Before that Trump. His saying sex crimes in the army was normal and the blame went to women who joined the army, that was meant an attack on Hillary, like him saying Jeb Bush was "low energy and a disgrace to his family," or calling Marco "Little Marco." Hillary's literal "collapse" can be traced to that precise attack. An attack like that can weaken your immune system if it captures your thought process. Her counter was feeble. Basket of deplorables?

The FBI attack was a naked sexist political attack. It totally changed the race.

But the real political story is that Hillary did not hit back hard and it cost her.

There are people who did not vote but who are now out protesting. Hillary did not turn the Trump and FBI political attacks into counter attacks but, three days after the election, came out saying the FBI was unfair to her. Still not saying what the FBI did was outright illegal.

Sexism aside, the presidential race is also designed to see how you respond to unforeseen situations by actors who absolutely don't care about fair. ISIS would not think twice about detonating a dirty bomb. You could not argue they would be unfair to do so. How would you deal with it?

Long story short, Trump is in for four years. That asks for strategy. Some Dems are saying partial, selective cooperation. Because this guy does not seem to get along with the Republican establishment either.

And then there are protesters. Inauguration day should be colorful. Talk about orange and Ukraine.

There are checks and balances. There's the street. There are global players like Germany and China. There's Canada, if the West Coast wants to secede. There are the Senate Democrats who can filibuster.

And there's the 2018 opportunity to take Congress.

And there's always 2020.

Trump has already talked down immigration and the wall. His deportation numbers now are more Obama like. And he has started to say "fence." The pivot many expected after the Republican primary elections is happening now.

Also, he does have some fresh ideas. If he could somehow end the Cold War with Russia once and for all, that would give him a big bang start.

If he could institute term limits for Congress, that would "drain the swamp," if he were to stick to his words on lobbyists.

And he has this idea of a one time 15% tax on the wealth of the rich to pay off a big chunk of the debt. If he were to do that for "the forgotten men and women," that would be a good thing.

This guy is in a position to do creative destruction to the Republican Party. The brand name remains, but it is like a whole new building inside.

Or he could give in to the base instincts of the Alt Right, the racism, sexism, anti semitism, deliver tax cuts for the rich to "the forgotten men and women" and start a trade war with China and we would all be in a Great Depression, greatly depressed. Then no matter who wins in 2020, when America finally wakes up it would wake up a Britain in 1952, a small island nation on which the sun never used to set.

Trump’s positions on trade and climate as stated on the campaign trail cedes the global stage to China on both. America's greatness perhaps never was small minded racism, sexism and anti semitism.

Dirty Energy Will Have To Be Beat On Price

The solar energy industry has to innovate so hard and so fast (the solar energy Moore's Law?) with prices coming down by half every two years that dirty energy is simply priced out globally.

That is the best way forward.

The planet can not be hostage to whether or not a White House occupant will try to walk away from the Paris Agreement.

The political people though should agitate to end all the subsidies to dirty energy. There is too much corporate welfare going on.

बॉलीवुड वाले विश्व मार्केट के लिए अन्ग्रेजी फिल्म क्यों नहीं बनाते?

अमरीका मन्गल ग्रह गया तो भारत भी गया, लेकिन दश गुना कम खर्च में। बॉलीवुड वाले को देखो सिर्फ फिल्म में हिंदी बोलते हैं नहीं तो मिडिया में पुरा इंग्लिश मीडियम। After all, India is the largest English speaking country in the world.

तो फिर बॉलीवुड वाले विश्व मार्केट के लिए अन्ग्रेजी फिल्म क्यों नहीं बनाते?

Modi's Demonetisation

If this has been a bad move Modi will lose both the UP election early next year and the big election in 2019.

Demonetisation is like Nasbandi drive of the 70s: Shankar Sharma

PM Modi, did you think about these unusual outcomes of note ban?

Is PM Modi's demonetisation move turning out to be a self goal for BJP in poll-bound UP?

From note ban, government eyes Rs 3 lakh crore windfall

Be ready to pay 50-70% tax on black money deposited in banks

You have been warned

Demonetisation politics unfolds as a vast morality play. Its imagination unleashes the state on you, in the name of protecting your own virtue.

It would be churlish not to recognise that it comes from the prime minister’s depth of conviction and sincerity. But that is exactly its danger. What it threatens to institutionalise is a new kind of politics. This is politics as a vast morality play whose three central elements are personification, puritanism and punitive imagination. A new state is emerging and it is not what you think it is.

It is manifested in this odd distinction between black and white money, forgetting the elementary fact that whether money is black or white depends on where it is at in the cycle of circulation. Hence they have perpetuated the illusion that we can extract the black, without hurting the chain of circulation of the white. It is not an accident that this measure will largely be a wealth tax on those not sophisticated enough to launder; those who have laundered will go unpunished.

be very wary of the institutional imagination that underlies it. It will again unleash the state on you, in the name of protecting your own virtue. What starts as a morality play will end in more statism.

The Racist Ideology Is Obviously Troubling

Some of these guys who are now about to get into plum positions in the White House hold unapologetic racist views.

They, frankly, would like to go back to some era when America was the only country with skyscrapers. If you try too hard you might end up in an era with no smartphones. Such precision carries the Chinese threat.

They are a perfect match to the Chinese who were the leading country in the world in 1200. There are Chinese who do fantasize about going back to that era. They have a name for it, One Belt One Road.

For much of human history, except for the past 500 years, China and India were the leading economies on the planet.

But economies are not supposed to be ego massages! ("Mine is bigger than yours!") They are about families and livelihoods.

Unlike war economies are supposed to be win win propositions. The only valid ideology is the ideology of human equality.

Anti immigration has been the biggest unfair trade practice in the world. Goods and services can move around, money can move around, technology can move around, why not people?

Nobody really wants to deport Mexicans. The American economy will quite literally grind to an absolute halt if all Mexicans leave. They know that. The anti Mexican rhetoric is a tactic to keep the Mexicans working at below minimum wage. It is about cheap labor. At one point in American history there was similar anti Chinese rhetoric. They needed cheap labor to build railroads.

Racism is a tool of power. That is why it is strongest in places like the US Senate, Wall Street, and the liberal mecca Hollywood.  

This is a globalized world. America is not an island. Minus Mexico it is not even a continent.  

Wednesday, November 16, 2016

Modi's Money Move: Lacking In Execution?

India's Great Rupee Fail 

What seemed at first to be a masterstroke by Prime Minister Narendra Modi now looks like a grave miscalculation.

Now that 86 percent of India’s currency is no longer valid, the central bank has struggled to print replacement denominations -- and the new notes are the wrong size for existing ATMs. Modi’s asked people to be patient for 50 days, but the process could take as long as four months.

India’s simply too big and complex for shock and awe. Large parts of the rural economy use cash for 80 percent of transactions and have been hard-hit. In seafood-mad West Bengal, for example, the fishing industry is in a state of near-collapse; in the wheat-growing states of the northwest, farmers halfway through the sowing season have run out of cash to buy seeds.

Even setting aside the painful adjustment, the long-term effects of this monetary shock on India’s informal economy could well be severe; a large proportion of marginal firms may not survive the loss of a fortnight of income. The informal financial sector -- unregistered moneylenders who provide loans to businesses worth 40 percent of total bank lending -- will be decimated.

To Counter Some Of Paul Ryan's Most Extreme Ideas

I guess there is always the Senate Democrats and the filibuster.  

On Trade, Immigration And Climate

Trump might feel he now has a mandate, but his positions have not been endorsed by the world. In fact on each issue the world will oppose him every step of the way and the world will win. For one, truth is on their side. Two, America is not the power it was when Trump was a college kid. America after the Trump victory is like Britain after World War II. The empire is gone.

And the racist Alt Right ideology is anathema to the powers that oppose him on the big issues. Precisely when Europe and America need to make the extra effort to get along with the world there are voices that have taken to white supremacist thinking with renewed vigor. It is a grand losing proposition.

Europe will lock horns with Trump on climate. France has already threatened a carbon tax on all American imports should Trump walk away from the Paris Climate Agreement.

China has become the leading voice on the climate issue. Whichever country is the leading voice on climate change is the leader of the world. For there is no bigger issue the planet faces.

Should the trade war Trump has threatened with China materialize America, and perhaps the world, will experience a Great Depression when the central banks of the world are in no position to help out. 2008 and 2009 will feel like a picnic.

Brexit is easy to vote for but hard (read: impossible) to implement. The Brits are finding that out the hard way. The genie of globalization is out of the bottle. It can not be put back. Trump campaigned wanting to make America great again. But in actuality he might only hasten America's slide from its number one position in the world.

The Republicans have policy clarity only on issues that are all gut punches to the poor whites across America. "The poorly educated," as Donald Trump fondly calls them, might have been royally duped. They might lose not only Obamacare but also Medicare. Yes, costs have been rising under Obamacare, but they were rising even faster before Obamacare. And not even losing Medicare is as scary a proposition as a Great Depression.

Ends up racism is a really, really stupid ideology. Today it is self destructive to the whites. Racism is sin. Sexism is sin. God does not take kindly to either.

Trump’s fifth bankruptcy might be a country, not a company.    

Tuesday, November 15, 2016

Hillary Losing


Clinton need not have wholly ceded white working-class voters to Trump, who won them by a larger margin than Ronald Reagan in his 1984 landslide. Meanwhile, she failed to get young people and minorities—the too-aptly-named “Obama coalition”—excited about her candidacy. Both of those weaknesses, critics say, could be traced back to a message that emphasized social diversity over economic fairness.

her team’s focus on micro-messaging came at the expense of thematic unity. As another former Sanders adviser, Scott Goodsteinput it, “No amount of digital savvy will take you across the finish line if you don’t have a message that resonates.... The Clinton campaign too often chose gimmicks over real heartfelt messages.”

Clinton’s leisurely pace fed the perception that she thought she was marching to an inevitable coronation. Inevitability didn’t work out too well for Clinton in 2008, and it didn’t work this year, either.

Did The White ISIS Just Take Over The White House?


because race comes up, a lot. Sometimes, in the form of a kind of racial psuedo-science that advocates use to explain the dynamics of heterosexual relations. The age-old racist argument – that black men are “taking our women” – is made regularly. Racist slurs are chucked around casually. There seems to be a significant overlap with organised white supremacy.

Now they’re celebrating openly. They’re gleeful about some of the harshest policies Trump promised: mass deportations, defunding Planned Parenthood, the wall. They feel like they have scored a victory against feminism and multiculturalism. They’re glad that white men are, once again, in control. They were filled with fury at the thought they had been toppled from their rightful place at the top of the social hierarchy; this is vindication. 

When we fret about young people leaving western countries and going to fight with Isis, it’s common to focus on the role of the internet in their political radicalisation. It’s time we discussed the radicalisation of angry, young white men in a similar way. 

 a cohesive ideology of white supremacy and misogyny. 

Monday, November 14, 2016

Trump: The Aftermath


Within months of reëlecting Nixon by the largest margin in history, Americans began to gather around the consensus that their President was a crook who had to go.

President Donald Trump should be given every chance to break his campaign promise to govern as an autocrat. 

Bipartisan congressional action on behalf of the public good sounds as quaint as antenna TV. The press is reviled, financially desperate, and undergoing a crisis of faith about the very efficacy of gathering facts. And public opinion? Strictly speaking, it no longer exists. “All right we are two nations,” John Dos Passos wrote, in his “U.S.A.” trilogy.

he crushed two party establishments and ended two dynasties. 

The Party’s leaders are all past the official retirement age, other than Obama, who has governed as the charismatic and enlightened head of an atrophying body.

The immediate obstacle in Trump’s way will be New York’s Charles Schumer and his minority caucus of forty-eight senators. During Obama’s Presidency, Republican senators exploited ancient rules in order to put up massive resistance. Filibusters and holds became routine ways of taking budgets hostage and blocking appointments. Democratic senators can slow, though not stop, pieces of the Republican agenda if they find the nerve to behave like their nihilistic opponents, further damaging the institution for short-term gain. It would be ugly, but the alternative seems like a sucker’s game.

Nearly seventy per cent of working-age Americans lack a bachelor’s degree. Many of them saw an establishment of politicians, professors, and corporations that has failed to offer, or even to seem very interested in, a vision of the modern world that provides them with a meaningful place of respect and worth.

Repealing Obamacare, which has provided coverage to twenty-two million people, including Jim’s family members; cutting safety-net programs; downgrading hard-won advances in civil liberties and civil rights—these things will make the lives of those left out only meaner and harder.

Trump, with his behavior toward women and others, would be an H.R. nightmare; in most offices, he wouldn’t last a month as an employee. 

Eliminating Obamacare isn’t going to stop the unnerving rise in families’ health-care costs; it will worsen it. There are only two ways to assure people that if they get cancer or diabetes (or pregnant) they can afford the care they need: a single-payer system or a heavily regulated private one, with the kind of mandates, exchanges, and subsidies that Obama signed into law. 

If the G.O.P. sticks to its “repeal and replace” pledge, it will probably end Obama’s exchanges and subsidies, and embrace large Medicaid grants to the states—laying the groundwork, ironically, for single-payer government coverage.

We watched him, in the second debate, prowling behind his opponent, back and forth with lowered head, belligerent and looming, while she moved within her legitimate space, returning to her lecturn after each response: tightly smiling, trying to be reasonable, trying to be impervious. It was an indecent mimicry of what has happened at some point to almost every woman. She becomes aware of something brutal hovering, on the periphery of her vision: if she is alone in the street, what should she do? I willed Mrs. Clinton to turn and give a name to what we could all see. I willed Mrs. Clinton to raise an arm like a goddess, and point to the place her rival came from, and send him back there, into his own space, like a whimpering dog.

They don’t think, she said, that Hillary can catch him now. I took off my watch to adjust it, unsure how many centuries to set it back. 

“What I don’t comprehend is, who voted for him?”

Mr. Trump has promised a world where white men and rich men run the world their way, greed fuelled by undaunted ignorance. He must make good on his promises, for his supporters will soon be hungry. 

Over time, though, the candidate’s rawness appealed to her, because she believed that he could shake up Washington. “After they’ve been in office, they become too slick,” she said. “I liked that unscripted aspect.”

This election has given me a renewed appreciation for chaos, confusion, and the limitlessly internal world of the individual. 

Trump’s descriptions and treatment of women didn’t seem to bother them. “I’m a strong enough woman,” Watson said. I often heard similar comments from female Trump supporters—in their eyes, it was a show of strength to ignore the candidate’s crudeness and transgressions, because only the weak would react with outrage.

It was hard to imagine a President entering office with less accountability. For supporters, this was central to his appeal—he owed nothing to the establishment. But he also owed nothing to the people who had voted for him. Supporters cherry-picked specific statements or qualities that appealed to them, but they didn’t attempt an assessment of the whole, because, given Trump’s lack of discipline, this was impossible. 

Unlike any nation in Europe, the United States holds whiteness as the unifying force. 

There are “people of color” everywhere, threatening to erase this long-understood definition of America. 

The confidence that you will not be watched in a department store, that you are the preferred customer in high-end restaurants—these social inflections, belonging to whiteness, are greedily relished.

So scary are the consequences of a collapse of white privilege that many Americans have flocked to a political platform that supports and translates violence against the defenseless as strength. These people are not so much angry as terrified, with the kind of terror that makes knees tremble.

the alligators are multiplying.”

Many of Trump’s transition-team members are the corporate insiders he vowed to disempower

The few remarks Trump made on these issues during the campaign reflected the fondest hopes of the oil, gas, and coal producers. He vowed to withdraw from the international climate treaty negotiated last year in Paris, remove regulations that curb carbon emissions, legalize oil drilling and mining on federal lands and in seas, approve the Keystone XL pipeline, and weaken the Environmental Protection Agency.

For policy and personnel advice regarding the Department of Energy, Trump is relying on Michael McKenna, the president of the lobbying firm MWR Strategies. McKenna’s clients include Koch Companies Public Sector, a division of Koch Industries. 

Myron Ebell, an outspoken climate-change skeptic, heads Trump’s transition team for the E.P.A. Ebell runs the energy-and-environmental program at the Competitive Enterprise Institute, an anti-regulatory Washington think tank that hides its sources of financial support but has been funded by fossil-fuel companies, including Exxon-Mobil and Koch Industries. 

Many on the transition team are registered lobbyists who are deeply invested in the system Trump says he wants to change,” Potter said. “It looks like the lobbyists and special interests are already taking over.”

When General Dwight D. Eisenhower was preparing to take office, Harry Truman predicted, “Poor Ike—it won’t be a bit like the Army. He’ll find it very frustrating.”

with both houses of Congress in Republican control, the greatest obstacle to the President’s use of power would be not the separation of powers but, more likely, the isolated actions of individuals in government. 

Schwarzenegger, who had never held public office, proved incapable of reorganizing government, defeating labor unions, capping state spending, or weakening teacher tenure. His relationship with the G.O.P. soured. In 2011, he left office with his public approval rating at near-historic lows. 

McConnell’s blockade prevented the creation of the first liberal majority since the Nixon Administration. 

Democrats have never mounted a successful filibuster against a Republican Supreme Court nominee, and McConnell would probably abolish the practice if they even tried. 

All of us used to be kids. All of us were, at some point, silenced by someone bigger and louder saying, “Wrong, wrong,” but meaning “It’s not what you’re doing that’s wrong—it’s who you are that’s wrong.”

Nasty talk didn’t start with Trump, but it was the province of people we all viewed as idiots—schoolyard mobs, certain drunks in bars, guys hollering out of moving cars.

If you ever doubted the power of poetry, ask yourself why, in any revolution, poets are often the first to be hauled out and shot

Littler than my cohort, I learned that a verbal bashing had a lingering power that a bloody nose could never compete with. When a boy named Bubba said, “Your mama’s a whore,” I shot back, “So what? Your nose is flat.”

The vicious language of this election has infected the whole country with enough anxiety and vitriol to launch a war. 

The hardest thing about democracy is the boring and irritating process of listening to people you don’t agree with, which is tolerable only when each side strives not to hurt the other’s feelings. 

Unlike most elections, Trump’s election is something different: it ends an era of American idealism, a high-mindedness of rhetoric, if not always of action, which has characterized most twentieth- and twenty-first-century American Presidencies

the white men who voted in very high numbers for Trump or to the majority of white women who did, too

Many Americans, having lost faith in a government that has failed to address widening inequality, and in the policymakers and academics and journalists who have barely noticed it, see Trump as their deliverer. They cast their votes with purpose. A lot of Trump voters I met during this election season compared Trump to Lincoln: an emancipator. What Trump can and cannot deliver, by way of policy, remains to be seen; my own doubts are grave. 

 “The real trouble with us was never our system or form of Government, or the principles underlying it; but the peculiar composition of our people, the relations existing between them and the compromising spirit which controlled the ruling power of the country.” For Douglass, the aftermath of the fight to end slavery was a lesson about the persistence of inequality: it had already begun to take a new form, in proposals to deny constitutional protections to Chinese immigrants. Hatred of the Chinese, especially by those who wanted to exploit their labor, was, Douglass argued, new wine in old bottles, slavery by another name. 

When my parents lived in the Soviet Union, having a Jewish-looking “physiognomy,” as it was called, proved a daily liability. Standing in line for eggs or milk or ham, one could feel the gaze of the shopkeeper running down one’s nose, along with the implied suggestion “Why don’t you move to Israel already?”

Social media in the era of Trump is essentially Leningrad, 1979. Trump supporters on Twitter have often pointed out my Jewishness.

The surprise of 2016—post-Brexit, post-Trump—is just how ably the Russians weaponize those lyrics, tweak them to “Whites will rise from their knees!” and megaphone them into so many ready ears in Eastern and Western Europe and, eventually, onto our own shores. 

We hated minorities, even though the neighborhoods many of us lived in were devoid of them. I didn’t attend public school, because my parents had seen one black kid on the playground of the excellent school I was zoned for, and so sent me to a wretched parochial school instead. 

The jump from Twitter racism to a black church set aflame on a warm Southern night is steady and predictable. Putin’s team has discovered that racism, misogyny, and anti-Semitism bind people closer than any other experiences. These carefully calibrated messages travel from Cyrillic and English keyboards to Breitbart ears and Trump’s mouth, sometimes in the space of hours. 

In the end, financial institutions got trillions of dollars’ worth of help to stay afloat, far more than the government spent on economic stimulus, unemployment benefits, or mortgage relief. 

The size and influence of the half-dozen or so largest financial institutions grew substantially, and almost no one who led them was visibly punished. 

Astonishingly, the main political beneficiary of all this energy was Donald Trump, a plutocrat with a long history of taking on too much debt, stiffing his business partners, and not paying taxes. 

Trump is almost certain to enact policies that will exacerbate those difficulties. He will undo as much as he can of efforts like the 2010 Dodd-Frank law, which returned some regulation to the financial system. He will cut taxes in ways that will increase inequality, and restrict trade in ways that will decrease prosperity. He will not reappoint Janet Yellen, the most unemployment-obsessed Federal Reserve chair in American history—after having subjected her to a barely veiled anti-Semitic attack, in a campaign ad that called her a tool of “global special interests.” It is yet another tragic consequence of the financial crisis that it has brought to power the politician most likely to create the next one.

His opening move—labelling Mexican immigrants rapists—immediately lost the left, and his demotion of John McCain, a former P.O.W., from hero to loser looked as if it would cost him the establishment right. But, after tussling with Megyn Kelly at the first G.O.P. debate, and suggesting that she had blood coming out of her “wherever,” he accomplished the unthinkable: he lost Fox News. How did this mango Mussolini expect to win the White House? Who was left to vote for him? Apparently, half the country.

 It was the Klan’s job to rescue white women from the black devils who were trying to rape them and create a mongrel race. The reality, of course, is that mixed-race Americans were largely the result of the cream being poured into the coffee, as it were, and not the other way around. 

Questioning Obama’s birthright, threatening to ban Muslims, painting entire immigrant groups as felons to be feared—these are not policy positions. They are incendiary words and images meant to ignite a movement. 

My girlfriends and I hugged one another, our eyes smeared and swollen. We hadn’t thought that Hillary Clinton’s campaign was specifically focussed on women, but we experienced her loss as a woman-specific disaster. The men in our lives seemed to feel the stab of it somewhat less.

fifty-three per cent of white women voted for a white-supremacist sexual predator

A sign floated above the crowd, flashing red, white, and blue in the reflection of police lights: “Why Don’t Sexual Assault Victims Come Forward? Because Sometimes We Make Their Attackers the Leader of the Free World.”

During the Obama Administration, in no small part because of the respect that the First Couple instilled for women and people of color, I had begun to feel, thrillingly, like a person. My freedom no longer seemed a miraculous historical accident; it was my birthright.

told me that she felt abandoned by the men in her family, who had voted for Trump

 “I’m afraid that a man will hurt me in public, and everyone around will think it’s O.K.,” she said. 

Beyond Trump’s extraordinary talent as a salesman, his singular dubious achievement has been to remain fully in character at all times. He has deliberately chosen to exist only as a persona, never as a person.

My two little sisters called me weeping this morning. 

my godchildren, who all year had been having nightmares that their parents would be deported

A few spoke about how frightened and betrayed they felt. Two of them wept. No easy task to take in the fact that half the voters—neighbors, friends, family—were willing to elect, to the nation’s highest office, a toxic misogynist, a racial demagogue who wants to make America great by destroying the civil-rights gains of the past fifty years.

Colonial power, patriarchal power, capitalist power must always and everywhere be battled, because they never, ever quit. We have to keep fighting, because otherwise there will be no future—all will be consumed.