Category: Politics


“We should expect all elected officials, regardless of party, and all public figures to not traffic in anti-Semitism.” – Chelsea Clinton responding to vile remarks by Rep. Ilhan Omar (D-Minnesota)

“I’m so sorry that you feel that way. Certainly, it was never my intention. I do believe words matter. I believe we have to show solidarity.” – Chelsea Clinton apologizing to NYU students

There is a time-and-place for everything, including offering first-ever sympathy to a member of the privileged Clinton family.

There are some misguided souls who contend the First Daughter stepped in rhetorical excrement, when she dared to voice disapproval of Rep Omar’s anti-Semitic remarks.

When Chelsea subsequently went to a NYU commemoration service for the 50+ fatalities of the Christchurch mosque shootings, she was quickly disinvited by moral high-ground students.

These rocket scientists suggested that Chelsea with her condemnation of anti-Semitism actually aided-and-abetted the New Zealand mosque massacres by some crazy from Australia.

What?

Almost DailyBrett is missing the “logical” connection between Chelsea’s appropriate remarks against anti-Semitism and their supposed inducement of hate crimes directed at mosques on the other side of the planet. Maybe someone can explain the cause and effect … or maybe not.

Chelsea subsequently apologized for standing up for the long-oppressed-and-persecuted Jewish community, and having the courage to condemn Rep. Omar’s repeated anti-Semitism.

Meanwhile over at CNN, Democratic political strategist Paul Begala labeled President Trump’s Jewish son-in-law, Jared Kushner, and his converted-to-Judaism First Daughter, Ivanka, as “cockroaches.”

Reminds this author of Rev. Louis Farrakhan’s remarks, stating he was not anti-Semitic, but “anti-Termite.” Almost DailyBrett fully expects Begala to have both wrists slapped with a follow-up pat on the posterior by the anti-Trump hierarchy at CNN.

In direct contrast to Chelsea, Begala did not and most likely will never apologize for his cockroaches’ remark and will live to offend another day.

By defending Chelsea in this case Almost DailyBrett is proclaiming here and now, he is not going soft on the Clintons. Your author has a proud perfect record of voting against the Clintons: Bill in both 1992 and 1996, and Hillary in 2016.

If Chelsea runs for president as your author predicted in 2016, she will not want to be seen in any way, shape or form as being anti-Muslim by standing up against those who resort to anti-Semitism … thus the apology.

This blog has also taken issue with the outrageous $600,000 payments by Brian Williams’ NBC News for four “reports” produced by the First Daughter, even without the benefit of a Journalism degree or past experience in the field.

America’s “Cultural Revolution”?

“The air is full of accusation and humiliation. We have seen this spirit most famously on the campuses, where students protest harshly, sometimes violently, views they wish to suppress.” – WSJ columnist Peggy Noonan

Taking care not to be overly dramatic in her words, Noonan made comparisons to China’s Cultural Revolution of the 1960s/1970s in which Chairman Mao called upon China’s university students to weed out the nation’s intelligentsia, particularly those who were deemed to be not following the party line.

Is the same occurring on America’s college campuses, particularly those Hollywood-and-hedge fund manager types (e.g., Lori Loughlin of “Full House”) conspired to gain unjustified admission for their party-hard offspring?

Chairman Mao used students as the “Red Guards” to police and ultimately silence anybody not following the collectivist agenda.

In direct comparison, American universities have a record of disinviting accomplished women such as International Monetary Fund chief Christine Lagarde (Smith College), former Secretary of State Condoleezza Rice (Rutgers University), and now Chelsea (NYU).

Are these students exhibiting misogyny and maybe in one case, demonstrating racism, or do social justice progressive principles negate any concerns that apply to sexism, racism, homophobia and anti-Semitism?

Do these students have any concerns about anti-Semitism?

CNN doesn’t seem to care, so why should these elite-university students?

https://www.msn.com/en-us/health/video/cnns-paul-begala-criticized-for-comparing-ivanka-trump-jared-kushner-to-cockroaches/vp-BBUMrRn

http://www.nydailynews.com/news/ny-news-lori-loughlin-hires-ex-enron-prosecutor-20190318-story.html

http://www.peggynoonan.com/get-ready-for-the-struggle-session/

https://www.foxnews.com/entertainment/cnn-paul-begala-slammed-for-referring-to-ivanka-trump-jared-kushner-as-cockroaches

https://almostdailybrett.wordpress.com/2014/06/22/chelseas-nbc-600k-tv-gig-and-aspiring-journalists/

https://almostdailybrett.wordpress.com/2016/08/31/chelseas-presidency/

“(The intent of the Tax Wall Street Act is to) drive leeches that are front running the market out of business.” – Rep. Peter DeFazio (D-Oregon) on CNBC

Is the Eugene, Oregon-based author of Almost DailyBrett, a lecherous leech?

Your author builds a career. Your author works all of his life. Your author pays his fair share of taxes. Your author chooses the time (2018) and place for his retirement (Eugene).

Sounds good, but …

My congressman, Mr. DeFazio, wants to double tax everyone’s retirement with a 0.1 percent tax on every stock or mutual fund trade we will ever make as long-term investors, conceivably until it’s time to meet our respective makers.

Ostensibly, DeFazio’s tax targets high-frequency/high-velocity investors, many disguised as algorithms. The only problem is his sweeping tax also applies to millions of real middle-class people … including retail investors residing in Oregon’s 4th Congressional District.

All they want to do is invest their already taxed discretionary income to fund their retirement, pay for their children’s education (e.g., University of Oregon) and maybe to pursue their dreams. Alas, Rep. DeFazio has introduced the “Tax Wall Street Act of 2019” with its punitive stock and mutual fund trade tax.

Mr. Congressman, my family is not Wall Street in Manhattan. We are East of Willamette Street in Eugene.

The honorable congressman thinks he is punishing Wall Street, when he instead is taking dead aim at America’s investor class or the 52 percent of Americans (approximately 170 million), who invest in individual stocks or mutual funds.

Many of these mutual fund investment trades are made by pension managers and by individual employee managed 401Ks at work (e.g., public employees, including school teachers). Almost DailyBrett maintains a humble retail account with Charles Schwab. Sorry, no Goldman Sachs for me.

Why are you (DeFazio) sticking a Wall Street tax on all investors who live in your district, and any other investor in every congressional district across the fruited plain?

DeFazio’s Dithering Performance on CNBC

CNBC’s Kelly Evans asked you point blank on “The Exchange” last week why you didn’t “target” high-velocity algorithmic day traders instead of proposing a sweeping tax, which applies to every middle-class investor in the country.

You dithered, Congressman DeFazio. You know, you did.

When Evans inquired about the use of the projected $777 billion in additional revenues, you suggested restoring some of the expanding deficit triggered by tax reform. Congressman DeFazio didn’t know where and how the money will be spent. He only wanted to sock-it to Wall Street and with it, middle-class investors.

Maybe, you should Occupy Wall Street? How did that movement work out?

Fortunately, there are enough adults in the House of Representatives and certainly in the U.S. Senate to ensure this bill goes absolutely nowhere.

Having made this point, the coast is not clear. The mindset of my congressman and his partner in crime, Sen. Brian Schatz (D-Hawaii) and without a doubt many others in positions of immense power, indicates an antipathy to all publicly traded companies (none of which are headquartered in Oregon’s 4th Congressional District).

Every issue large and small seemingly requires the same remedy: a new tax.

Congressman DeFazio, you need to understand that middle-class retirees in your district have already been taxed on their nest eggs. Under your plan, each-and-every-one of your investing constituents will pay an additional tax just for the right to continue to invest their hard-earned money on their futures.

You know you are wrong, but you will piously insist you are right … err correct.

Almost DailyBrett has never been a “high-velocity” trader and never will be.

Just hoping to keep up my velocity for years to come.

https://www.cnbc.com/video/2019/03/08/rep-peter-defazio-on-the-tax-wall-street-act.html

https://www.nationalreview.com/2019/03/wall-street-tax-act-financial-illiteracy-in-congress/

https://www.foxbusiness.com/politics/its-premature-to-start-freaking-out-over-the-wall-street-tax-act-liz-ann-sonders

http://investsnips.com/publicly-traded-companies-in-oregon/

 

 

 

 

“For the American generation which has grown up since the downfall of the USSR, socialism is no longer the boo word it once was.” The Economist, Feb. 16, 2019

The youngest of all Millennials were gestating in 1980.

Reagan called upon Gorbachev to “Tear Down This Wall” in 1987.

The Berlin Wall came tumbling down in 1989.

The Soviet Union collapsed under its sheer weight in 1991.

The last of the Millennials arrived in the millennial year, 2000.

The largely overlooked question: How many Millennials personally remember the USSR?

Alas, the answer is very, very few.

Only the oldest Millennials may have any memory of the Wall coming down when they were nine or the Soviet Union imploding without a shot being fired when they were 11.

For the vast majority of Millennials including all of the younger members of the Y-Generation, none of them remember the USSR and most of all, its authoritarian brand (being charitable) of socialism/communism.

To top it off, they are thus easily impressionable for exploitation by politicians, entertainers and academics who absolutely adore all things Karl Marx including some wearing red star hats and sporting Che Guevara t-shirts and posters.

Instead of “We the people” and liberty, it’s “Dictatorship of the Proletariat.”

When someone says government can provide a whole cavalcade of goodies – government-paid health insurance, college, jobs — for free, including Universal Basic Income (UBI) for those “unwilling” to work … don’t you just know there will be Big Brother Orwellian strings attached?

Back From The USSR

“I’m back in the U.S.S.R.
You don’t know how lucky you are boy
Back in the U.S.S.R. (Yeah)”
– Lennon (Not Lenin) & McCartney

For Almost DailyBrett, a 1981 two-week trip to Leonid Brezhnev’s “Evil Empire” was an eye-opening, life-changing journey.

Kevin in Moscow – 1981

The flood-lit Wunder of Red Square (Красная площадь) in Moscow, the Swan Lake performance of the Bolshoi, the splendor of the Czar’s winter and summer palaces in St. Petersburg (Leningrad at the time) are all must see for any student of history and politics, let alone art.

Your author has placed a return-venture to modern-day Russia on his Bucket List, particularly what has changed and unfortunately what has remained the same (tyranny).

It’s safe to say that Russia has transformed itself after attempted Glasnost and Perestroika into an authoritarian oligarchical capitalist state with widespread corruption.

You can take the Vladimir Putin out of the KGB, but you can’t the KGB out of Vladimir Putin.

Looking back to your author’s trip to the Soviet Union, there were the wonders of Russia. There was also the socialist/communist police state reality of the USSR.

There were the jammed horrible motor coaches,

There were the lines for food and the basics of life.

There were well-stocked Beriozka or “little birch” stores, which accepted all currencies except for Russian rubles. It must suck to be you, Ivan and Tanya.

There were the tiny little cars with lawn-mower engines for the fortunate few (10 years wait), while Zil limousines carried Communist big shots to their exclusive dachas.

The Most Equal Of The Equals

“In an ideal socialist society, “the people” own the means of production. Everyone’s basic needs are met. Leaders are elected democratically. When implemented, however, human nature intervenes. Powerful elites take charge.” – Alex Berezow. USA Today Board of Contributors

Bummer.

There is so much discussion about the haves and the have-nots of American society.

There are cries for social justice: Translated some all-powerful state entity must level the playing field.

The question, which remains: Did socialist/communist USSR really even the score for everyone?

Whattya think AOC? How’s Venezuela working out? Is history repeating itself?

Even more to the point: Do Millennials in their lack of deep direct knowledge/remembrance of the USSR appreciate the stark dark truth of government provided socialism?

Karl Marx may be turning over in his grave but sorry to say, his idea did not work, and will not work regardless of the nation. Too many people want to achieve, and to do better for themselves and their families.

And yet there is hope for Millennials, and proof that many have not consumed the red cool aid.

It’s called Buy Low Sell High, and that beautifully simple concept applies to Millennials too.

https://www.economist.com/leaders/2019/02/14/millennial-socialism

https://www.economist.com/briefing/2019/02/14/millennial-socialists-want-to-shake-up-the-economy-and-save-the-climate

https://www.usatoday.com/story/opinion/2018/02/21/cnn-thinks-socialism-cool-my-grandparents-ussr-would-disagree/349830002/

https://www.marketwatch.com/story/millennials-communism-sounds-pretty-chill-2017-11-01

“As for the future in Russia and what will happen there, I can’t say I’m safe. I don’t know.” – Edward Snowden, speaking via internet video last year to a crowd in Austria.

Reportedly, Snowden’s asylum status in Russia is assured until 2020, and then …?

Almost DailyBrett earlier conjectured whether Snowden would be a lowly pawn on Vladimir Putin’s chess board, ready to be traded back to the United States.

The question now must be rhetorically asked … does the US really want him back?

Given the choice of nationally televised show trial or a desultory life in exile, which is the best public relations course of action for the United States when it comes to “whistle blower” Edward Snowden?

Snowden has been Vladimir Putin’s guest since June 24, 2013, or 2,070 Moscow days and nights, if you are scoring at home. Snowden faces up to 30 years in the slam back here for two violations of the U.S. Espionage Act of 1917 … assuming he can be convicted in a court of law.

And if Snowden is actually convicted, what would be the cost in terms on the reputation and image of the United States of America? There are some who see Snowden as some kind of champion … their hero … who will openly root against the U.S. Department of Justice.

Can you think of any celebrity lawyers, who would eagerly defend Snowden in an upcoming epic made-for-television-and-social media trial under the glare of the television lights, cameras and boom microphones?

Mandatory Credit: Photo by Ringo H W Chiu/AP/REX/Shutterstock (9691996n)

After representing porn star Stormy Daniels, the ubiquitous Michael Avenatti … and other reptilian lawyer types just like him … presumably would have zero compunction defending leaker Snowden, maybe even on a pro bono basis.

The question, which would predictably and eventually ensue: Is Snowden on trial or the National Security Agency (NSA)?

A preview of coming attractions would be the 1995 O.J. Simpson trial in which the guilty football stud was acquitted in a court of law, and the Los Angeles Police Department (LAPD) was convicted (in the courtroom of public opinion).

Even though parallels are never perfect, the flight of another traitor to Russia, Kim Philby, brings into the discussion whether it is best of leave the housing, feeding, caring and nurturing of Snowden to warm and fuzzy Vladimir Putin?

Kim Philby Died in Russia. What Will Happen to Snowden?

“How sleepless must be Kim Philby’s nights in Moscow? … How profound he and others like him must be aware that the people they betrayed are going to be the victors in the end.” – President Ronald Reagan

British spy novelist Ben Macintyre in his 2014 best-selling “A Spy Among Friends,” provides nearly exhaustive detail of Philby’s treachery and betrayal of Mother England as he labored as a mole for Russia’s KGB for three decades … at a cost of hundreds of allied agents.

When Kilby finally confessed in his Beirut apartment in 1963, and his words were recorded by Britain’s counterespionage MI6, it seemed relatively easy for the Brits to simply arrest Philby and transport him back to London for the Mother of All Trials … and yet he was able to easily defect to Russia.

Was MI6 lame in carrying out its responsibilities or was it better … for Philby to simply escape into the outstretched arms of the KGB? Philby lived out the rest of his days — even though he once tried to slash his wrists — in numbing exile in Communist Russia until he passed away in 1988 at the age of 76.

Did the Brits suspect that transferring Philby back to London would result in embarrassing courtroom proceedings in which MI6 would also be on trial? Maybe it would be less painful, if the Soviet Union used Philby for propaganda purposes, which is actually what transpired.

Snowden, 35, will celebrate his sixth anniversary in Russia on June 24. If the American whistle-blower reaches Philby’s final birthday at 76-years-young, the year will be 2060.

What will Snowden say on his 47th anniversary as presumably a citizen of Russia? Will he have anything new to offer? Will he deep down inside miss the opportunity of another Oliver Stone Hollywood epic, complete with his show trial?

Would Alec Baldwin play Snowden?

Maybe he could be buried in the Kremlin Wall with traitor John Reed as played by Warren Beatty in “Reds?”

Or Snowden could join Kim Philby in Moscow’s Kuntsevo Cemetery?

Most of all … will we care?

https://www.washingtontimes.com/news/2018/oct/19/edward-snowden-nsa-leaker-says-hes-not-safe-russia/

https://almostdailybrett.wordpress.com/2017/01/21/has-edward-snowden-become-putins-pawn/

https://almostdailybrett.wordpress.com/2016/02/28/the-coming-presidential-pardon-of-edward-snowden/

https://almostdailybrett.wordpress.com/2013/07/11/pr-advice-for-edward-snowden/

https://www.independent.co.uk/voices/profits-and-losses-of-treachery-victims-of-kim-philbys-betrayals-are-staking-a-claim-to-the-cash-1447065.html

 

 

 

 

 

“Can’t decide whether you are a Democrat or a Republican …”

Bless these two students, who on separate occasions, refreshingly relayed their puzzlement to your author.

Almost DailyBrett does not believe that classrooms should ever be the venue for the indoctrination, let along the formation of young warriors in the fight between noble socialism and evil capitalism.

Gee … maybe … just maybe these students are smart enough to make up their own minds on these issues?

Even though long-time Almost DailyBrett readers and contemporaries know or at least suspect your author’s political predilection, it was rewarding to know at least some of my students weren’t so sure … and that is how it should be for all professors or instructors.

There seems to be a contagious disease among tenure-track or tenured academic types (e.g., professors and instructors) that university students are there to endure for hours on end their personal political pontifications and bloviations.

Is that why students are taking out loans averaging $30,000 each, waiting tables or asking mom and dad to dig deep … real deep … for their college education?

Don’t think so.

Buy Low, Sell High

As Almost DailyBrett fondly looks back to more than five years teaching public relations, integrated marketing, corporate communications and investor relations, one particular moment always brings back tears to the eyes.

More than 30 of my Central Washington University PR students chanted in unison … “Buy Low, Sell High!” … at my retirement party.

Upon receiving the Central Washington University Department of Communication Faculty Spotlight Award, they gathered around me for a group picture. Your author will always remember this moment.

Isn’t Buy Low and Sell High the essence of capitalism, particularly publicly traded corporate capitalism?

The answer is “yes.” Keep in mind that buying low and selling high is easier said than done. More importantly this phrase is the backbone to the practice of fiduciary responsibility on behalf of the 54 percent of Americans investing in stocks and stock-based mutual funds.

America’s investor class — planning for retirements, funding higher education for their children, opening up a new businesses — require accurate and complete communication about a company’s business plan, financials and simply … how does a corporation make money.

The highest expected communications professional compensation levels … usually in six figures … are directed to students adept at financial communications, who are studying at today’s schools of journalism and mass communication.

Almost DailyBrett believes wholeheartedly the purpose of universities/colleges is to prepare students to attain and sustain salaried professional positions with full benefits … and maybe even employee stock purchase plans (ESPP) and/or stock options.

Universities and colleges should be professional schools, providing students with lifelong learning skills and tools to succeed in our increasingly complex digital world … including beating artificial intelligence (AI).

If students wish to Occupy Wall Street that should be their choice, not their command.

By the way, how did that movement work out?

Students should always be fully aware of the imperfections of Capitalism. For example, watching The Smartest Men In The Room (Fortune’s Bethany McLean’s tome on the Enron bankruptcy) was required for each of your author’s Corporate Communications/Investor Relations classes.

In addition to the aforementioned Fiduciary Responsibility, a publicly traded company needs to complement this requirement with Corporate Social Responsibility (CSR). Besides doing well, a company should be mindful of doing good … including giving back to communities, protecting the environment … that make success, possible.

Certainly, students can be taught to live in tents, recite cumbersome theory or rail at the world back in their own bedrooms at mom and dad’s house.

They also can learn how to decipher an income statement, a balance sheet, a cash-flow statement and to understand the significance and formulas associated with market capitalization, earnings per share (EPS), and price/earnings (P/E) ratios and related multiples.

Looking back at your author’s professorship, there is no doubt about political disposition. There was also a comprehension that students are to be prepared for the professional world, and many of these graduates have done well, real well.

And if a couple of students or more, can’t tell whether Almost DailyBrett or any other professor/instructor, drifts left or right that’s the way … it should be.

 

 

 

Ever wonder how Venezuela became … Venezuela?

Almost DailyBrett at one time expected that Amazon would announce Austin, Texas as the recipient of HQ2 with its estimated $50 billion total investment and upwards to 50,000 technology positions with full benefits.

As a major technology hub, Austin offers a well-trained workforce, the capital of a right-to-work state, no state income taxes, and politicians’ favorably predisposed to corporate capitalism. In addition, Amazon bought Whole Foods in 2017 for $13.7 billion, which is based in … Austin.

Instead, Amazon selected Northern Virginia with it well-educated workforce and proximity to the infinite wisdom emanating within the Beltway. The other choice, which raised more than a few eyebrows, was heavily unionized and über-taxed Long Island.

The original thinking was Amazon would be welcomed with the prospect of providing 40,000 real positions with annual salaries averaging $150,000 and full benefits – not strip mall jobs – and $27.5 billion in new tax revenues during the course of 10 years. Yes, there were $3 billion in tax incentives from the State of New and New York City and these are always controversial.

Let’s see $3 billion in exchange for $27.5 billion in new revenues and 40,000 direct high-paying positions, not counting all the indirect economic activity supporting Amazon HQ2 in terms of suppliers, vendors and utilities.

Buy Low, Sell High?

Alas the United States is a divided nation, not just Democrats vs Republicans … but more to the point: Socialism vs. Capitalism.

Some wish to punish Amazon and its wealthiest dude on the planet boss, Jeff Bezos, for pioneering digital retail, employing 613,300, generating $232 billion in annual revenues, and stimulating $798 billion in investor market capitalization.

Amazon was greeted to Gotham by a buzz-saw of those who disdain capitalism in favor of command-and-control socialism.

As a former gubernatorial press secretary, the author of Almost DailyBrett imagined what it would be like to be relaying really bad news to the boss – New York Governor Andrew Cuomo – and answering the flood of media calls.

The alternative of a root canal is looking real attractive right now.

Ever hear the one about banging your head against the wall?

It only feels good, when you … stop.

Is Amazon Serious?

Is Amazon just firing a shot across the bow?

“It (loss of Amazon investment) would certainly undermine confidence in governance. You can’t empower anti-capitalist ideologues and expect the capitalists to embrace them. I still think they will work this out, because the embarrassment would be severe.” – Joel Kotkin, Chapman University professor of Urban Studies

“You have to be tough to make it in New York City. We gave Amazon the opportunity to be a good neighbor and do business in the greatest city in the world. Instead of working with the community, Amazon threw away that opportunity.” – New York Mayor Bill de Blasio

“Threw away” constitutes fighting words.

These provocative words make it more difficult for the City of New York and Amazon to “work this out.” Why did da Mayor challenge Bezos’ manhood (we know it exists) in the first sentence of his prepared statement, and then charge the company with throwing away an opportunity in the concluding sentence.

Hey Mr. Mayor ever heard of the words … “disappointed”? … “concerned? … “let’s talk”?

If New York bids adieu to 25,000-to-40,000 Amazon positions and $27.5 billion in tax revenues in Alexandria Ocasio-Cortez’ congressional district, will those who are cheering today be demanding social justice from New York state and city tomorrow?

Even China with its brand of authoritarian capitalism figured out that buying low and selling high is the best way to provide prosperity for its people.

New York had the prospect of becoming a lucrative technology hub … but it “threw away” that opportunity.

https://www.nytimes.com/2019/02/14/nyregion/amazon-hq2-queens.html

https://www.forbes.com/sites/alyyale/2019/02/13/leaving-long-island-city-what-losing-amazon-hq2-would-mean-for-nycs-future/#18d48f01127c

https://nypost.com/2019/02/14/de-blasio-amazon-threw-away-great-opportunity-in-nyc/

 

 

“Ask not what your country can do for you – ask what you can do for your country.” – President John F. Kennedy, Inaugural Address, 1961

“Economic security for all who are unable or unwilling to work.” – FAQ for the “Green New Deal,” 2019

“Lately it occurs to me what a long, strange trip it’s been.” – Grateful Dead, Truckin,’ 1970

Almost DailyBrett remembers those who said same-sex marriage would never happen.

There were those who said that recreational marijuana would never be legal, let alone pot shops on virtually every street corner.

And that states (i.e., Virginia, New York, Vermont) would never adopt up-to-the-nanosecond-of-birth (and beyond), abortion.

They are all now reality.

Will the next breakthrough come in the form of Universal Basic Income (UBI), or income redistribution from those who achieve to those … who voluntarily do … nothing?

Call it the ultimate in cradle-to-grave dependency: The government taxes entrepreneurs/job creators up the wazoo to pay living-breathing recipients for the privilege to sleep-in-to-noon, play video games, binge watch, smoke dope, drink beer and repeat the cycle the following day.

Seems a long way from the days of JFK, once a Democratic senator from Massachusetts, calling for nationwide patriotism to Ed Markey, a present-day Democratic senator from … you guessed it … Massachusetts, advocating taxpayer payments to those “unwilling” to work.

To be fair, Rep. Alexandria Ocasio-Cortez, Markey and other Green New Dealers, claimed it was a “mistake” for the plan’s FAQ to be distributed to the media … who in turn reported the details of the proposed give-away to those who just don’t want to work.

How did the word “unwilling” end up on a draft FAQ, if Universal Basic Income isn’t a part of the thinking of the Green New Dealers?

Talk about a public relations disaster.

Announced Democratic presidential aspirant and entrepreneur Andrew Yang, has actually dug into his own pocket to pay one family in New Hampshire and another in Iowa $1,000 per month to demonstrate the benefits of UBI.

The vast majority will rightfully ask ‘Andrew Who?’ but give him credit for having the courage to introduce Universal Basic Income into the Democratic presidential primary season social justice debate.

Will UBI be part of the party platform at the 2020 Democratic National Convention. Your author will take the “under” … for now.

If there are millions of people voluntarily not working (e.g., approximately 32 percent of working age males, source American Enterprise Institute), maybe the government can give them a hand as the face the repetitive boredom associated with doing and accomplishing … nothing.

Paying People To Do Nothing?

Almost DailyBrett never thought he would be compelled to ask: Is it moral for the government to take money from hard-working taxpayers to give it to those … who decide on their own to do nothing, achieve nada, and give zero back to society?

The debate about whether or not to establish a “safety net” for those adversely impacted by deep economic cycle downswings has long been decided. The questions remain about the extent, costs and durations of these assistance programs.

UBI is the ultimate public assistance cocaine dressed up as a basic right. The recipients are forever hooked to the green drug. The government is now obligated to forever keep providing this largesse to those who unwilling to work.

The pressure will always be present to increase UBI payments to keep pace or even exceed inflation, regardless of the consequences to the annual deficit or the rapidly accumulating national debt. The insatiable demand for more redistribution tax dollars for the do-nothings will accelerate.

Any efforts to curtail or reduce Universal Basic Income will trigger a cold-turkey effect (see “Yellow Vests” or gilets jaunes on the streets of Paris). The “program,” once launched will be eternal and unreformable.

Eventually, who is going to say “no” to free money from the government? Isn’t it in the recipients’ “best interest” to stay on the government gravy train? Don’t they as Americans have a right to not work … and get paid for it too?

Despite the obvious moral questions, the public policy fight over Universal Basic Income is closer to the beginning rather than the end. Those who worry out loud about the impact of Artificial Intelligence (AI) – a good example is Elon Musk – have already pointed UBI as another tool in the safety net.

Universal Basic Income is not a safety net, but that doesn’t mean it won’t.

UBI is a shameful governmental give-away pure and simple.

Strong Almost DailyBrett opinion to follow.

https://www.cnbc.com/2019/02/07/ocasio-cortezs-green-new-deal-offers-economic-security-for-those-unwilling-to-work.html

https://www.businessinsider.com/right-wing-media-attacking-alexandria-ocasio-cortezs-green-new-deal-2019-2

https://www.nationalreview.com/corner/the-green-new-deal-and-a-universal-basic-income/

https://www.cnbc.com/2018/09/10/andrew-yang-universal-basic-income-to-protect-jobs-from-automation.html

https://almostdailybrett.wordpress.com/2016/07/06/universal-right-to-a-paycheck/

https://almostdailybrett.wordpress.com/2018/04/15/deadbeat-boyfriends/

 

 

 

“I can understand wanting to have millions of dollars, there’s a certain freedom, meaningful freedom that comes with that. But once you get much beyond that, I have to tell you, it’s the same hamburger.” – Bill Gates speaking to university students

There are 25.7 million Google results of an image of a middle-aged dude standing all alone with his hands in his pockets.

He is patiently waiting in line for his cheeseburger, fries and a coke.

The maroon pullover guy is patronizing the original Dick’s (1954), which unofficially serves as a gateway to the upper class Wallingford neighborhood in Seattle.

Is the pale dude (gasp) … privileged?

What gave him the right to buy a “Deluxe,” fries and a coke in Wallingford?

Did his parents dote on him? Where did he go to school? Where did he go to college?

Did he ever invent anything of value to society? Did ever provide a living to people?

Did he ever give back to make our world a better place?

And if the answers to these questions do not meet communal approval – Privilege? Family? College? Inventions? Philanthropy? – should we as a collective society even the score in the name of social justice?

It may seem silly to some to have this public good discussion, and yet 25.7 million Google results are triggered in 0.28 of one second, when one inquires about the guy in the sweater standing all alone in line at Dick’s.

Our Obsession With Wealth?

How many billionaires — members of the three comma club — would stand-in line all alone for a burger and fries?

And yet there was Microsoft founder Bill Gates, 63, waiting in line at Dick’s on Sunday evening, January 13.

In our always-on digital imaging world, it did not take long for the celebrity dude doing normal things to go viral, generating stories and impressions about Gates and his love of hamburgers.

The latest estimates place his net worth at $96.5 billion. Couldn’t Gates simply buy Dick’s as opposed to standing in line for a burger? Where was his entourage? Couldn’t he feed the homeless with Dick’s burgers?

And how did he make that money? Did he take full advantage of his privilege? Did he inherit the money?

As many Almost DailyBrett readers know, Gates and the recently departed Paul Allen founded Microsoft in 1975. Their entrepreneurial spirit and those that followed (i.e., Steve Ballmer and Satya Nadella)  resulted in the ubiquitous Windows operating system, X-Box gaming console, Microsoft Surface PC, Microsoft Cloud and so much more.

Microsoft is one of the three largest competing companies in market capitalization (share price x number of shares) at $814.5 billion, generating $96.5 billion in total revenues and employing 134,944 around the world.

After departing the daily operations of Microsoft, the guy in the maroon sweater with his spouse established The Bill and Melinda Gates Foundation. The charitable organization bearing their names has given a reported $36 billion to date to alleviate third world poverty and suffering. They are without any doubt the most generous philanthropists in America.

And yet …

No Good Deed Goes Unpunished

“The problem with socialism is that you eventually run out of other people’s money.” – Former UK Prime Minister Margaret Thatcher

In her quest to become the 46th President of the United States, Massachusetts Senator Elizabeth Warren has proposed a 2 percent surcharge on net assets – not annual income – exceeding $50 million, and another 1 percent on billionaires.  Is Warren’s  “wealth tax” really confiscation in disguise?

There are questions about whether a confiscatory surcharge of assets – not an income tax – is permissible under the U.S. Constitution. This legal question is above the pay grade of Almost DailyBrett.

Having said that, your author must ask: Why do so many Washington elites want to punish achievement, service and philanthropy?

Some rationalize this obsession with wealth as a quest to reach some far-reaching social justice nirvana when the solution is the same-old tired remedy: wealth redistribution targeting those who provide great products, create jobs and give back to the less fortunate.

The answer always comes down to new and more burdensome taxes, but in Senator Warren’s case she calls for outright confiscation of assets. One thing is certain is the redistribution does not stop there. There will also be increases in tax rates, most of all the top rate from 39.6 percent, hiking it to 70 percent, 80 percent, 90 percent or beyond.

Once you have raised taxes and confiscated assets is that the end … or worse … is that just the beginning?

What’s next? Fees on stock and mutual fund transactions? Surcharges on bank accounts? Is the sky the limit?

How about a wealth tax/surcharge on Bill Gates’ hamburger?

https://www.geekwire.com/2019/billions-served-bill-gates-photographed-standing-line-burger-dicks-drive-seattle/

https://www.ddir.com/

https://www.seattlepi.com/seattlenews/article/Billions-served-Bill-Gates-photographed-standing-13539669.php

https://www.washingtonpost.com/outlook/2019/01/24/senator-warrens-plan-tax-ultrawealthy-is-smart-idea-whose-time-has-come/?utm_term=.251e17e49629

https://www.microsoft.com/en-us/Investor/earnings/FY-2018-Q4/press-release-webcast

https://almostdailybrett.wordpress.com/2015/08/23/three-comma-club/

https://almostdailybrett.wordpress.com/2012/09/25/taxing-uncle-phil-to-death/

https://www.businessinsider.com/biggest-projects-of-generous-philanthropists-bill-and-melinda-gates-2018-8

https://www.goodreads.com/quotes/138248-the-problem-with-socialism-is-that-you-eventually-run-out

 

“Today I may be the victim, but tomorrow it may be you (ministers) — until the whole fabric of our harmonious society is ripped at a time of great national peril.” – Catholic Democratic presidential nominee John F. Kennedy speaking to the Greater Houston Ministerial Association, Sept. 12, 1960

Kennedy was the second of three Catholics to be nominated for the presidency, and the only one to be elected. Joe Biden was the one-and-only Catholic to be elected as vice president.

To its credit, the Democratic Party nominated all three Catholics for president: Al Smith (1928), JFK (1960) and John Kerry (2004).

That was then, this is now.

The difference in the electoral climate in 1960 compared to today is not only a political lifetime, it’s an eternity.

Kennedy assuaged through his words to the ministers in Houston and through his sincere behavior that he would never take direction from Rome. Instead he would to the best of his ability, “preserve, protect and defend the Constitution of the United States. … So help me, God.”

Based upon his enduring legacy and his ability to reach across party lines … similar to Ronald Reagan in the other political direction … Kennedy tempered the spoken and unspoken concern in many quarters about “Papists.”

Today as the Party of Kennedy launches its primary campaign for president, there are tangible signs that being a Catholic may actually be a negative … even a big time game changer.

Has Catholicism remained the same? How much has the Democratic Party changed?

The mere fact that Catholics supported Donald Trump over Hillary Clinton 50-46 percent in 2016 exit polls has not been overlooked by party brass. Keep in mind Hillary lost Protestants by a larger margin, 59-36 percent. She won in a landslide with agnostics/atheists, 67-25 percent.

Secularism über alles?

It’s one thing to preach tolerance and diversity; it’s another to politely disagree and coexist those who dare go against ingrained party orthodoxy (e.g., up-to-the-nanosecond-of-birth abortion … see Cuomo, Andrew).

And here comes the rub, the party abortion litmus test vs. the long-term teachings of the church. Pope Francis may be cool, but the party’s position on the Mother of All Issues has intensified.

Anti-Catholicism Raising Its Ugly Head … Again?

“I’m thinking of finding every one of these shitty kids and giving them a large piece of my mind.” – Recode editor Kara Swisher tweeting about the students at Covington (KY) Catholic High School

“When online mobs attack unknown kids, we’ve got a problem.” – Howard Kurtz, Fox News Media Buzz anchor

Almost DailyBrett does not attach much significance to anecdotes … except when they accumulate and become a discernible pattern.

When it comes to the revival of anti-Catholic bias/bigotry as a result of a litany (no religious pun intended) of anecdotes, every practicing and even non-practicing Catholic needs to take note.

The same is true with those of the Jewish persuasion, when so many Women’s March organizers openly refused to condemn Louis Farrakhan and his vile anti-Semitic views.

Whatyathink Kamala?

 “Since 1993, you have been a member of the Knights of Columbus, an all-male society composed primarily of Catholic men … Were you aware that the Knights of Columbus opposed a woman’s right to choose when you joined the organization?” – Democratic presidential candidate, Senator Kamala Harris, to Federal District Court nominee Brian Buescher

What should be done with these “all-male societies” of “Catholic men,” including one that has existed for a mere 136 years with 2 million members? Wonder if another Catholic charity, The St. Vincent de Paul Society, has the same view on Roe v. Wade?

And what was the instinctive political elite reaction to a group of chaperoned Catholic school boys (e.g., Covington Catholic High School), who visited Washington, D.C. and wore MAGA hats and calmly observed a Native American pounding a drum in their collective faces? They fired off their tweets first and asked questions of themselves later.

NBC Today Show reporter Savannah Guthrie demanded an apology of Covington Catholic student Nicholas Sandmann (see photo above) for the mere act of living and breathing. He was accused of … smirking.

Death threats were made. Their school was closed. Must suck to be young, male and worst of all, Catholic in the eyes of the political intelligentsia?

And let’s not forget another Catholic male, now Supreme Court Associate Justice Brett Kavanaugh. One of his favorite pass-times is coaching his daughter’s Catholic Youth Organization basketball team. Could he coach any longer once he was accused of high-school sexual misconduct, none of which was ever corroborated to this very day?

Justice Kavanaugh endured weeks of living hell, part of the reason is the simple fact that his faith collides with those advocate for abortion under any circumstances including New York Governor Andrew Cuomo, who happens to be also … Catholic.

Will there be even more anti-Catholic anecdotes in the run-up to 2020. Almost DailyBrett will take that bet.

Will it be necessary for a Democratic nominee to be both anti-Semitic on Israel and anti-Catholic on abortion in order to win over the secular crowd to secure the nomination?

Catholics Kerry, Biden and Cuomo are all vying to be the titular head of the party. Do any of them realistically have a chance in this hostile intra-party political climate?

Will the Democratic orthodoxy ex-communicate one or all three of these gents before they have the opportunity to compete to wear the golden ring and drink from the chalice as the Democratic nominee for President of the United States?

Don’t be surprised if all three are out of the race by the time the votes are counted in New Hampshire.

Almost DailyBrett note: Your author is a product of 12-years of Catholic School. Even though the personal halo has shifted downward from time-to-time, The Baltimore Catechism is still in the bloodstream.

https://www.npr.org/templates/story/story.php?storyId=16920600

https://www.washingtontimes.com/news/2018/dec/30/kamala-harris-mazie-hirono-target-brian-buescher-k/

https://www.nationalreview.com/2019/01/kamala-harris-knights-of-columbus-religious-test/

https://www.washingtonpost.com/religion/2018/10/05/brett-kavanaughs-nomination-fight-is-dividing-his-dc-catholic-church/

https://almostdailybrett.wordpress.com/2019/01/18/appeasing-farrakhan-then-appeasing-farrakhan-now/

https://usatodayhss.com/2018/is-brett-kavanaugh-right-that-he-can-no-longer-coach-girls-basketball

https://www.theatlantic.com/ideas/archive/2019/01/media-must-learn-covington-catholic-story/581035/

https://www.foxnews.com/politics/covington-students-journalists-mired-in-twitters-toxic-stew

https://www.forbes.com/sites/bobcook/2018/09/05/one-thing-we-know-about-brett-kavanaugh-hes-a-girls-basketball-coach/#1aff8d393946

https://en.wikipedia.org/wiki/Religious_affiliations_of_Presidents_of_the_United_States

 

 

 

 

 

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