Posts Tagged ‘Goldman-Sachs’


Hillary Clinton’s new book, What Happened, will be released in a few days, so it’s time to remind people of why she would have been a lousy president — not as bad as Trump (a lobotomized Chihuahua could hardly be worse) — but lousy nonetheless.

The excerpts I’ve read have been notable for Clinton’s attempt to blame Bernie Sanders for her loss. Let’s be clear about one thing: Clinton lost because she was a wooden, status-quo, visionless candidate, who openly ridiculed Sanders’ calls for change, and whose only apparent reason for wanting to be president was personal ambition. She was a candidate who inspired no one beyond her identity-politics worshipers. (Her campaign slogan, “I’m with her,” exemplified this. What a call to arms.)

Seth Myers called her out on some of her b.s. tonight, but he didn’t go far enough: 1) Bernie Sanders didn’t force her to give three $5,000-a-minute speeches to Goldman Sachs; 2) Bernie Sanders didn’t force her to vote for G.W. Bush’s disastrous invasion of Iraq; 3) Bernie Sanders didn’t force her to oppose single-payer healthcare (favored by about 60% of the American public); 4) Bernie Sanders didn’t force her campaign and Super PAC to rely on big-money and corporate donors rather than small donors; 5) Bernie Sanders didn’t force her to take advantage of her allies’ at the DNC rigging of the primary system; 6) Bernie Sanders didn’t force her (as secretary of state) to engineer the disastrous intervention in Libya; 7) Bernie Sanders didn’t force her, during a debate, to brag about her friendship with war criminal and mass murderer Henry Kissinger. (Yes, a minor point, but one that’s particularly revealing.)

The list goes on; these are just some of the highlights.

To reiterate what I’ve written elsewhere, we’re in some ways fortunate that Trump won. If Clinton had won, we’d have had four years of gridlock, the corporate Democrats would have retained an iron grip on the Democratic Party, the Republicans would have blamed her for everything that went wrong while being held responsible for nothing, and they’d almost certainly have retained control of both houses of Congress in 2018 and won the presidency in 2020. And with a more competent, less overtly loathsome theofascist than Trump, who is stirring up massive popular resistance.

So, here’s a blast from the past from 2013. Enjoy!, if that’s the right word.

Why Hillary Clinton Should Never Be President

by Chaz Bufe, See Sharp Press publisher

There are plenty of reasons that no one should ever be president, but for now let’s focus on why Hillary Clinton shouldn’t be president.

She should never be president because of one single vote, the vote that authorized the illegal war of aggression against Iraq in 2003. No one in their right mind would accuse  Hillary Clinton of being stupid. It’s beyond dispute that she’s one of the sharpest political operatives in recent decades. So, it’s almost certain that she knew exactly what she was doing when she cast that vote. It’s almost certain that she knew it was wrong, that the “evidence” supporting the invasion had been cooked, and that the invasion would result in disaster–in untold death and misery. But she cast the vote anyway.

This is no small thing.

When the chickenhawks in the Bush Administration (Bush, Cheney, Rumsfeld, et al.) began ginning up the case for invading Iraq, it was obvious from the start that they were doing exactly that–manufacturing evidence and support for an unnecessary, illegal war. The very concept that former U.S. ally Saddam Hussein was in league with Al Qaeda was mind boggling, absurd on the surface. Al Qaeda was and is a virulently fundamentalist religious organization. Saddam Hussein, for all his many and terrible sins, was a secularist. Al Qaeda considered Saddam a very bad Muslim.

Then there was the problem that the 9/11 hijackers were Saudis, the head of Al Qaeda, Osama Bin Laden, was a Saudi, his number two, Ayman al-Zawahiri, was an Egyptian, and that Al Qaeda was based in Afghanistan. From all this, Bush and company concluded–more accurately, attempted to sell the idea–that Al Qaeda’s secularist enemy, Saddam Hussein, was responsible for the 9/11 attacks and, to make matters worse, had weapons of mass destruction (WMD’s).

And most Americans bought it. Not all of us, but most of us. How did Bush and company pull off this incredible con job? They grossly manipulated intelligence, ignored evidence that pointed away from their predetermined conclusions, relied on weak and even demonstrably false evidence supporting those conclusions, smeared those who pointed out false evidence (Joe Wilson, Valerie Plame), and even set up their own intelligence operation in the Pentagon to produce the “evidence” they wanted.

Even so, they’d never have gotten away with it if the press had done its job. With very few exceptions (notably some reporters at Knight-Ridder), the press rolled over and served as the propaganda arm of the Bush Administration. It did essentially no investigation of Bush et al.’s claims, let alone expose their falsity. Rather, the press served as Bush’s megaphone. In the run-up to the war, the networks (notably CNN) hired dozens of former high-ranking military officers as “expert” commentators, and fired anti-war reporters and pundits (among them, Phil Donohue, who had the top-rated show on MSNBC). So, not only were the TV news operations not doing their job of investigating and reporting, they were actively supporting the launch of an illegal war. A study of ABC, NBC, CBS, and PBS in January and February 2003 by FAIR (Fairness and Accuracy in Reporting) found that only 17% of guests on those networks’ news programs were opposed to or skeptical of invasion, while 83% favored it.

As well, a New York Times “reporter,” Judith Miller (now, appropriately, employed by Fox “News”), served as the Bush Administration’s stenographer. She reported as fact what they told her about supposed Iraqi WMD’s, and the Times ran Miller’s reports as front-page “news.” In one particularly egregious example, Miller’s September 13, 2002 article in the Times, “White House Lists Iraq Steps To Build Banned Weapons,” repeated White House-supplied disinformation about the “threat” of Iraqi WMD’s — and the next day Dick Cheney cited Miller’s article as “evidence” of the WMD “threat,” using the Times, the national “paper of record,” to lend credibility to his and Bush’s self-manufactured “evidence.” Of course, Miller and the Times didn’t call Cheney on his dishonesty.

Almost all of this (sans some details of the media manipulation) was obvious at the time–at least to those who were paying attention. And rest assured, Hilary Clinton was paying attention. Yet she cast a vote in favor of death and destruction on an industrial scale. Approximately 4,500 American troops died needlessly in that war, with tens of thousands more wounded, many of them maimed for life. Iraqi casualties were far higher. All of the widely cited estimates of the number of deaths caused by the war exceed 100,000, with some being much higher. The Lancet estimate, for instance, is 601,000. Then there are the hundreds of thousands of Iraqi wounded and the estimated 1.5 to 4 million Iraqis who lost their homes and became refugees as a direct result of the war.

Hillary Clinton couldn’t have known how destructive the Iraq War would be. No one could have known that. But she had to have known that it would cause death and destruction, and that it was unjustified, simply wrong. At the time, public opinion was heavily in favor of invading Iraq, with most polls showing support by roughly a 2-to-1 margin. So, Hillary Clinton made a cold political calculation and voted in favor of the war. She certainly wasn’t stupid enough to believe Dick Cheney’s b.s. that U.S. troops would be “greeted as liberators,” but she bet that public opinion would remain in favor of the war and that voting for it would be to her political advantage. Never mind the unnecessary death and destruction.

That alone is enough to forever disqualify her from being president.

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(We ran an earlier, considerably shorter version of this post in September 2013. As you might have noticed, things have changed a bit since then.)

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REFERENCES TO FASCISM abound in American political discourse. Unfortunately, most of those using the term wouldn’t recognize fascism if it bit ’em on the butt, and use it as a catch-all pejorative for anything or anyone they dislike. But the term does have a specific meaning.

Very briefly, as exemplified in Nazi Germany and Mussolini’s Italy, fascism is an extreme right political-economic system (which Mussolini dubbed “the corporate state”), the key features of which are strident nationalism, militarism and military worship, a one-party state, a dictatorial leader with a personality cult, a capitalist economic system integrated with state institutions (to the mutual benefit of capitalists and fascist politicians), suppression of independent unions, suppression of civil liberties and all forms of political opposition, and an aggressive, expansionist foreign policy.

The racism, racial scapegoating, and racial persecution that permeated German fascism are not part of fascism per se, unless one wants to classify extreme nationalism as racism. There’s a case to be made for that, but for now let’s consider them as separate maladies. As well, since the topic of this post is the comparison of Nazi Germany to the U.S.A., we will consider racism as well as fascism in the comparisons.

Getting to the headline topic, just how similar is the present-day U.S. to Nazi Germany? Let’s look at specifics:

Nationalism

  • Nazi Germany: Deutschland Uber Alles
  • US.: “American exceptionalism,” “God Bless America,” “Manifest Destiny,” etc.

Corporate Capitalist Domination

  • Nazi Germany: The German industrialists (notably the Krup armaments company) were key Hitler backers, and benefited handsomely from his rule.
  • U.S.: Trump has filled his cabinet with people from the fossil fuel industries (Rex Tillerson, et al.) and big banks, notably Goldman Sachs (Steven Mnuchin, et al.); Obama’s primary 2008 backers were Wall Street firms and the pharmaceutical companies; Bush/Cheney’s were the energy companies’ boys, etc.

Militarism

  • Nazi Germany: The Nazis  constructed the world’s most powerful military in six years (1933-1939).
  • U.S.: U.S. military spending currently accounts for approximately 43% of the world’s military spending; the U.S. has hundreds of military bases overseas; and Trump wants to increase military spending.

Military Worship

  • Nazi Germany: Do I really need to cite examples?
  • U.S.: “Support our troops!” “Our heroes!” “Thank you for your service!” Military worship is almost a state religion in the United States. Tune in to almost any baseball broadcast for abundant examples; this worship even extends to those on what passes for the left in the United States: Michael Moore, Stephen Colbert, Rachel Maddow.

Military Aggression

  • Nazi Germany: “Lebensraum”–you know the rest.
  • U.S.: To cite only examples from the last half century where there were significant numbers of “boots on the ground,” Vietnam (1959-1973), the Dominican Republic (1965), Cambodia (1970), Grenada (1983), Panama (1988-1990), Kuwait/Iraq (1991), Afghanistan (2001-present), Iraq (2003-2011). And this doesn’t even include bombing campaigns and drone warfare.

Incarceration Rates

  • Nazi Germany: The Nazis built concentration camps holding (and exterminating) millions, and employing slave labor.
  • U.S.: In comparison, the U.S. has by far the highest incarceration rate in the industrialized world, far outstripping China, with only Russia’s incarceration rate being anywhere near that of the U.S. Slave labor is routine in America’s prisons.

Justice System

  • Nazi Germany: The Nazis had a three-tiered “justice” system: one for the rich and powerful (who could get away with virtually anything); a second for the average citizen; a third for despised minorities and political foes.
  • U.S.: There’s also a three-tiered “justice” system here: one for the rich and powerful (who can get away with virtually anything); a second for middle-class white people; and a third for everyone else. It’s no accident that America’s prisons are filled with poor people, especially blacks and hispanics. At the same time cops routinely get away with murder of blacks, hispanics, and poor whites. Obama’s “Justice” Department never even investigated the largest financial fraud in world history that led to the 2008 crash, let alone charged those responsible; prosecutors routinely pile on charges against average citizens to blackmail them into plea bargaining and pleading guilty to charges of which they’re not guilty; and the Obama Administration (and now the Trump Administration) viciously goes after whistleblowers and reporters, who have exposed its wrongdoing–Chelsea Manning, Julian Assange, Edward Snowden, Thomas Drake, James Risen, et al.

Suppression of Unions

  • Nazi Germany: In Nazi Germany, the government tightly controlled the unions, and used them as arms of the state.
  • U.S.: In the U.S., the government merely suppresses strikes when “in the national interest” and allows corporations to crush union organizing drives through intimidation and by firing anyone who dares to attempt to organize. (Admittedly, the sell-out, visionless AFL-CIO unions bear considerable responsibility for this sad state of affairs.)

Free Speech

  • Nazi Germany: Total suppression of free speech; direct government control of the media.
  • U.S.: There’s near total corporate control of the media, and suppression of free speech when it shows the faintest sign of threatening, or even embarrassing, the government or the corporations that control the government. Obama’s war on whistleblowers and reporters — and now Trump’s — is only the latest example. Of late, Trump has upped the ante, routinely attacking journalists who report anything even slightly embarrassing to him, or who point out any of his almost innumerable lies.

Other Civil Liberties

  • Nazi Germany: Total suppression.
  • U.S.: Suppression when individuals exercising those liberties show the faintest sign of threatening the government or the corporations that control the government. The coordinated suppression (by the FBI, local governments, and corporate security agencies) of the Occupy Movement nationwide is the latest large-scale example.

Government Spying

  • Nazi Germany: The government had a massive eavesdropping operation. No citizen was safe from government scrutiny.
  • U.S.: The FBI, DHS, and NSA make the Nazis look like amateurs.

Free Elections

  • Nazi Germany: Total suppression
  • U.S.: U.S. citizens have the opportunity to vote for the millionaire representatives (over half of congress at last count) of the two wings of the property party: one wing being authoritarian, corporate-servant, crazy theofascists (yes, they meet the definition), the other wing being merely authoritarian corporate servants who routinely betray those who elect them. It’s also pertinent that the Republicans are doing their best to destroy what passes for American electoral democracy through egregious gerrymandering and voter suppression on an industrial scale.

Racism

  • Nazi Germany: Do I even need to cite details?
  • U.S.A.: (We’ll restrict ourselves here to the present.) The “justice” system imprisons blacks at a rate over five times that of whites, and hispanics at a rate about 30% higher than whites. Cops routinely get away with murdering poor people, a disproportionate number of them blacks and hispanics. Median household wealth for whites is 13 times that of blacks. And median household income for whites is 60% higher than that of blacks and hispanics. Donald Trump’s hateful rhetoric and racial scapegoating of Mexicans is merely the cherry atop this merde sundae.

Personality Cult

  • Nazi Germany: Again, do I even need to cite details?
  • U.S.A.: Trump worship is rampant on the evangelical right, who see this steaming pile of hypocrisy and narcissism as the means to their vicious ends. And Trump encourages sycophancy. The cringe-inducing filmed cabinet meeting a couple of months ago in which the cabinet secretaries heaped fulsome (in both senses of the word) praise and thanks on the dear leader is but one example. Another example: Yesterday, presidential aide and Trump toady Steven Miller said on Fox “News” that Trump — who would likely flunk a fourth-grade English test — was the “best orator to hold that office [president] in generations.”

Yes, there are very significant differences between Nazi Germany and the U.S. But they seem to grow smaller with every passing day.


by Chaz Bufe, publisher See Sharp Press

I’ve been putting off writing this post for some time, but last week a grotesque piece of political performance art jolted me into putting fingers to keyboard: Hillary Clinton declared herself part of the “resistance,” and announced the she was creating a PAC (!) to fund “resistance” groups she approves of (and that, presumably, approve of her).

Why is this grotesque? She’s the one-woman embodiment of the status quo, not “the resistance.”

Hillary Clinton and Henry Kissinger

Hillary Clinton with war criminal Henry Kissinger

She voted in favor of Bush’s catastrophic invasion of Iraq. She was the architect of the disastrous intervention in Libya (with no plan about what would follow Qaddafi’s overthrow). During the presidential debates, she even bragged about being friends with mass murderer Henry Kissinger.

And she takes money — lots of it — from the banks and corporations, including “pay” for three speeches to Goldman Sachs between 2013 and 2015 at $225,000 each, and another eight speeches to banks in the same period garnering her another $1.8 million.

Bill Clinton is no saint in this regard, either. In February 2016 CNN documented Bill and Hillary Clinton’s receiving, to that point, $153,000,000 in speaking fees. (Yes, $153 million.)

And like those of her husband, her campaigns (and PACs and SuperPACs supporting her) have been funded predominantly by the corporations, banks, and those who own them. One strongly suspects that the ultra-rich who fund Clinton aren’t doing so out of the goodness of their hearts.

It would be exceedingly difficult if not impossible to prove that her (and her husband’s) positions are payback for that funding, but consider this: During her career in politics, she, like her husband, never even proposed any measures that would threaten her backers financially.

To cite the most prominent example of that, she has consistently opposed a “Medicare for all” single-payer system (supported by approximately 60% of the public), and instead has opted for plans which leave our healthcare in the hands of the big pharma and insurance industry vampires, whose goal is to deliver the minimum amount of healthcare for the maximum amount of dollars.

Which brings us to her predecessor. Barack Obama ran on a platform of “hope and change.” And then he systematically betrayed those who voted for him. He continued, and in some ways intensified (drone assassinations of U.S. citizens), George W. Bush’s disastrous, interventionist, neo-con foreign policy. He kept the wars going, and kept up American support for authoritarian Islamist (Saudi Arabia, Bahrain, Turkey) and military (Egypt) regimes.

He also promised the most open administration in history, and then delivered the most secretive, with mass surveillance of all of us, and the persecution of whistle blowers — at the same time that he completely let the banking criminals responsible for the financial crash completely off the hook.

Domestically, he proposed a stimulus big enough to keep the economy from collapsing (thus saving the banks) during the recession, but nowhere near big enough to put the 8.7 million who lost their jobs back to work. Nor did he do anything to help the 7 million who lost their homes.

What did he deliver? A singularly inadequate piece of healthcare legislation that protected big pharma and the insurance industry, and left tens of millions uninsured and tens of millions more underinsured. Obama also delivered, to some extent, on social issues that did not threaten his ultra-rich and corporate backers: gay rights and reproductive rights.

Richard Branson and Barack Obama on Branson's yacht

Richard Branson and Barack Obama on Branson’s yacht

Now that he’s left office, he’s been cashing in on his celebrity and connections — including being paid a $400,000 speaking fee by a Wall Street firm — and hanging out with his natural constituency, billionaires (Richard Branson and David Geffen).

Which brings us to the present, the “democratic wing of the Democratic Party” is currently trying to wrest control of it from the corporate lackeys personified by Obama and the Clintons (and Diane Feinstein, John Podesta, Chuck Schumer, Donna Brazile, Nancy Pelosi, et al.).

The corporatists recently won the first major battle, electing Obama’s Secretary of Labor, Tom Perez, as chairman of the Democratic National Committee over Minnesota congressman Keith Ellison.

(This on the heels of the DNC’s rigging the presidential primaries against Bernie Sanders and for Hillary Clinton — by among other things drastically restricting the number of debates and by scheduling them at times almost guaranteed to deliver low viewership, thus throwing away tens of millions of dollars of free air time.)

This does not portend well. It portends more of the same: no real attempt to address the gross economic inequality in this country, no attempt to institute universal healthcare, and instead a continued focus on social issues (that are no threat to the rich), all under the stirring battle cry, “We’re not as bad as the Republicans!”

It’s time for people to wake up and realize that the Democrats (at least the Clintons, Obama, and the rest of the corporatists) are not their friends.

Instead, they’re the “good cop” in America’s perennial good-cop / bad-cop political extortion routine.

The “good cop” is not your friend.

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(Chaz Bufe is the author, co-author, or translator of 12 books. His latest work is The American Heretic’s Dictionary, which is the 21st century’s equivalent of Ambrose Bierce’s The Devil’s Dictionary.)


American Heretic's Dictionary revised and expanded by Chaz Bufe, front cover


I’m shocked, shocked I tell you. Donald Trump has already begun to betray the people who elected him, both the racist wingnuts and those driven by economic despair.

He’s recently indicated that he won’t build a wall along the entire Mexican border (an impossibility because, among other things, the Tohono O’odhams down here in Pima County won’t let him do it on their nation–their lands extend on both sides of the border), and he’s also indicated that he’ll try to reach an accommodation with the “dreamers,” non-citizens who were brought here as children, rather than deport them en masse.

As for the people devastated by deindustrialization and the recession, Trump has raised his middle finger in salute, appointing a former Goldman Sachs executive as his Secretary of the Treasury and another as head of the National Economic Council (NEC). Revealingly, Gary Cohn, the NEC appointee, was a Hillary Clinton donor. That’s not all that surprising given that Trump is surrounding himself with Clinton backers and members of Clinton’s economic team.

And all this after he slammed Hillary Clinton for taking a $5000-a-minute speaking fee from Goldman Sachs. (Nice “work” if you can get it.)

Beyond that, Trump just appointed as Secretary of Labor a fast food exec, Andrew Puzder (yes, a real name), whose firms have been accused of wage theft and who thinks the minimum wage is too high. (Reportedly, Puzder will advocate for a system of agricultural settlements in which displaced workers will work in exchange for food they raise themselves and cabins they themselves build, under the guidance of kindly overseers.)

Those who voted for Trump hoping for economic improvement in their lives are in for some rude shocks.


Today’s Guardian features an article titled “Hookers for  Hillary: Meet the sex workers caucusing for Clinton in Nevada.”

My first thought–given Clinton’s more than cozy relationship with Wall Street, Godman Sachs, and big pharma, her $5,000-a-minute “speaking fees” to those financial behemoths, etc.–was to say, “How appropriate!”

But on second thought, most sex workers are either directly coerced into prostitution or are forced into it by dire economic circumstances, so it’s grossly unfair to compare them to Hillary Clinton, who climbed into bed with Wall Street voluntarily.


SPEAKING FEE, n. Payment of hundreds of thousands of dollars to a politician by a bank or other corporation for half-an-hour’s “work.” Such payments, of course, have no effect whatsoever on the politican’s policies—espeically those bearing on the interests of the corporation.

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–from the revised and expanded edition of The American Heretic’s Dictionary, the best modern successor to Ambrose Bierce’s Devil’s Dictionary

American Heretic's Dictionary revised and expanded by Chaz Bufe, front cover