Tag Archive: Basket of Deplorables


“Do I consider myself part of the casino capitalist process by which so few have so much and so many have so little by which Wall Street’s greed and recklessness wrecked this economy? No I don’t.” – Senator Bernie Sanders

Ever wonder why there are so few in the street carrying pitch forks?

Ditto for nocturnal torch-light parades?

Maybe the answer lies in the fact that Wall Street added $3.3 trillion in market capitalization (share prices x number of shares) since November 8. Translated: Investors are more than $3 trillion to the better since the election.

Whatever metric is used, the stock indices are sharply upward to the right: The NASDAQ increased 28 percent since the election, the S&P 500 is up 27 percent, and the Dow advanced 20 percent.According to Gallup, 55 percent of Americans owned individual stocks, stock mutual funds or managed 401(k) portfolios or IRAs in 2016. That figure is understandably down from 65 percent right before the economic crash in 2007, but it has been steadily advancing since then.

Almost DailyBrett will go out on the limb, and will contend the 55 percent number has grown since the historic 2016  election.

Predictably, the Gallup survey revealed that 88 percent of American families making over $75,000 are invested in individual securities, mutual funds and 401(k)s and IRAs. More than half of those (56 percent) making between $30,000 and $75,000 are invested in stocks.

The survey also revealed that 73 percent with bachelor’s degrees own stocks, mutual funds or invest retirement accounts, and 83 percent with master’s degrees or above also are investing in these same U.S. markets.

When one takes a second to ponder that 55 percent of middle-and-upper income Americans are participating in stocks, mutual funds, 401(k) portfolios and IRAs, the conclusion is obvious: America now has an investor class that is growing in numbers and wealth.

What’s the alternative for those investing for their retirement, their children’s education or that dream vacation? Bank interest rates that barely keep up with inflation? Speculative real estate? Stashing gobs of cash under the bedroom mattress?

And yet there was an ill-fated movement to tarnish America’s markets, Occupy Wall Street.

And now there are efforts in a handful of progressive states to impose a 20 percent “privilege tax” on the fees of financial advisors. Hmmm … wonder if this tax will be passed onto investors, the very same people who are trying to fund their retirement or college for their kids?

Attacking The Cash Cow?

“ … You could put half of Trump’s supporters into what I call the ‘Basket of Deplorables’. Right? The racist, sexist, homophobic, xenophobic, Islamaphobic — you name it.” – Hillary Clinton.

“ … There are 47 percent who are with him (Obama), who are dependent upon government, who believe that they are victims, who believe that government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you name it … And so my job is not to worry about those people.” – Mitt Romney.

What do Mitt Romney and Hillary Clinton have in common besides being guilty of lambasting literally millions of people in one unwise campaign utterance?

They both lost the presidency.

Winston Churchill once said: “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”

Wall Street will never be perfect. The playing field has never been flat. Having said that, far more win with stocks, mutual funds, 401(k) plans and IRAs than lose. It has been upward to the right on a jagged line since 1929.

Maybe that is the reason why America has a more-than-half of its working age population investing in global markets. And for those investing, the six-plus months since the election has produced a record modern-era, bull market for any new president.

Granted, there will be those in the streets who bode ill for American markets, favor “privilege taxes” to stimulate more compulsory redistribution, and are maybe just a tad nostalgic for the mismanaged Occupy Wall Street debacle.

Do they really want to attack Wall Street and by extension America’s 55 percent and growing, investor class heading into the mid-terms of 2018 and beyond? Are these overheated rhetorical thrusts, smart politics?

If they relish in glorious defeat, they can insult America’s investor class to the content of their bleeding hearts.

They also should consider and ponder that America now has a new quiet majority, who fund their dreams with a simple click of the mouse while watching the tickers on CNBC.

http://www.gallup.com/poll/182816/little-change-percentage-americans-invested-market.aspx

https://www.whitehouse.gov/the-press-office/2017/06/01/statement-president-trump-paris-climate-accord

https://www.usatoday.com/story/money/markets/2017/04/26/millennials-and-investing/100559680/

https://www.wsj.com/articles/illinoiss-privilege-tax-proposal-forgets-citizens-right-to-leave-1495834522

https://almostdailybrett.wordpress.com/wp-admin/post.php?post=5922&action=edit

https://www.brainyquote.com/quotes/quotes/w/winstonchu101776.html

http://www.foxnews.com/opinion/2017/07/20/stuart-varney-trump-has-already-made-america-4-trillion-richer-with-just-six-months-in-office.html

 

 

 

 

 

 

Advertisements

“The media was all in this narrative. Everyone was marching lock-step. Clinton is going to win. Clinton is going to win.” – “Morning Joe” Scarborough, MSNBC, November 9

“The press takes him (Trump) literally, but not seriously; his supporters take him seriously, not literally.” — Salena Zito, The Atlantic

hillaryloses

Public Relations pros – flacks or spin doctors, if you wish – have long been accused of way-too-many times of happily drinking their own bathwater. Translated: They believe their own take on reality and what they are told by their superiors, and sometimes they are flat-out wrong (see Enron debacle).

Could it be the Washington, D.C. crowd – journalists, editors, correspondents, anchors, pollsters, demographers, pundits and other forms of political proctologists – could be equally guilty of falling madly in love with their own cleverness and even the very sounds of their own voices?

If you don’t believe in their infinite wisdom and how they tower over the great unwashed, just ask them. They will gladly tell you.

Most of all, they use Twitter in particular and other Internet tools to silently collude with each other, virtually ignoring all other voices, particularly those poor souls outside the Beltway or west of the Hudson. Algorithms über alles.

The political class told us mere mortals repeatedly about the seemingly impregnable “Blue Wall,” which stood the test of time during the past six presidential elections (e.g., Wisconsin, Michigan and Pennsylvania serve as perfect examples). No one really mattered in these spots on the map, except for their electoral votes.

electoralcollege2016

Yes, these poor, uneducated sops are suffering. F-Them! Throw some money at them. And forget them … until the next election.

The media and political class defined the gender gap as to only mean the Democratic lead among women. And indeed according to exit polls Hillary Clinton won by 12 percent among the fairer gender (54-42 percent). What the media did not assess or discuss is the flip-side, the fact that Donald Trump won among men by an equivalent 12 percentage points (53-41 percent).

Ahhh … Is there really a “gender gap,” when only the fairer one matters?

Donald Trump declared his love affair for the “poorly educated” and instantly drew the scorn of what Wall Street Journal columnist and former presidential speech writer Peggy Noonan once described as the “Harvard Heads.” Looking back, it may have been one the politically smartest things he said during the campaign – albeit we did not know it at the time.

A Choice Not a Referendum

“So you’ve got this crazy system where all of a sudden 25 million more people have health care and then the people, who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half. It’s the craziest thing in the world.” former President Bill Clinton, October 3, 2016

According to the political class, only Hillary Clinton had a path to the presidency. Donald Trump was unsuitable. The “Blue Wall” (similar to die Berliner Mauer) was impregnable, until it wasn’t. For the first time in 32 years, the GOP nominee won Iowa, Wisconsin, Michigan and Pennsylvania or a grand total of 52 electoral votes. Suddenly, it was Hillary who was up a deep creek without a paddle.

Why did the media, the pundits and the experts miss this political earthquake so badly?

  1. They treated the election as a “referendum” on Trump, not a choice between Hillary (e.g., status quo) and Trump (e.g., change, in a change year).
  2. The email issue had “legs” – a subject that simply would not go away for the Clinton campaign, even before FBI director James Comey became a household name.
  3. The “Deplorables” came back to bite Hillary. As Almost DailyBrett stated earlier, it is never a good idea to insult in one swoop literally millions of Americans with “fightin’ words.” Ask “47 percent” Mitt to verify.
  4. Hillary’s fidelity to “The craziest thing in the world” and average Obamacare 20 percent increases in premiums and deductibles two weeks before the election, signified that America would not change under her stewardship.
  5. Hillary did not have a message about the future (e.g., New Frontiers, Shining City on the Hill). Her rhetoric was all about The Donald as if Americans were participating in a referendum on his misconduct. In reality, a presidential election is once-and-for all, a choice.

The real question: Will the media and the highly educated political class wipe the egg off their collective faces and actually learn something from this humbling experience?

msnbcelection

Something tells Almost DailyBrett that arrogance will soon return and will once again reign supreme by those who provide their Agenda Setting judgments and interpretations to a grateful nation.

Almost DailyBrett note: Proper credit for the term, “Political Proctologists,” needs to be afforded to the late Mike Royko of the Chicago Sun-Times. May he rest in peace.

https://www.washingtonpost.com/opinions/take-trump-seriously-and-literally/2016/11/16/cbdcf2c8-ac25-11e6-8b45-f8e493f06fcd_story.html?utm_term=.92bd5ef68e0e

http://www.nytimes.com/2016/11/09/podcasts/election-analysis-run-up.html?_r=0

https://www.youtube.com/watch?v=vP6Ym806J18

https://www.youtube.com/watch?v=VgYphOJ7qiw

https://www.youtube.com/watch?v=v-8EPmM8Ijk

http://www.usnews.com/news/politics/articles/2016-11-06/how-the-media-blew-the-2016-campaign

http://www.rollingstone.com/politics/news/watch-trump-brag-about-uneducated-voters-the-hispanics-20160224

http://www.newsweek.com/donald-trump-brexit-austria-french-presidential-election-national-front-525281

http://www.270towin.com/historical-presidential-elections/

http://www.cnn.com/2016/10/04/politics/bill-clinton-obamacare-craziest-thing/

https://almostdailybrett.wordpress.com/2016/11/14/the-revenge-of-the-deplorables/

 

“ … You could put half of Trump’s supporters into what I call the ‘Basket of Deplorables’. Right? The racist, sexist, homophobic, xenophobic, Islamaphobic — you name it.” – Hillary Clinton, Speaking at a Democratic-oriented fundraiser, Sept. 9, 2016hillarydeplorables

“ … There are 47 percent who are with him (Obama), who are dependent upon government, who believe that they are victims, who believe that government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you name it … And so my job is not to worry about those people.” – Mitt Romney, Speaking at a Republican-oriented fundraiser, Sept. 18, 2012

A gaffe is a gaffe is a gaffe … You name it! … Uttered by two electoral losers and separated by four years, plus a week or two.

It is never a good idea to insult literally millions of potential voters with a series of unfortunate and intemperate fighting words. So why engage in name calling just because the immediate audience is friendly and having a great time at the expense of others?

As Nancy Reagan would say: “Just say no.”

In our digital age, the microphones are more sensitive and effective than ever. The tiny cameras and video recorders are disguised as smart phones, and they’re first rate. They are always ‘on,’ which means the candidates too must be always ‘on.’

Almost DailyBrett has repeatedly and consistently counseled that it is always wise to be offensive without being offensive. Advance and advocate your point of view, but always be respectful of all voters. They are more than mere demographics to be hunted down with search engines guided by algorithms.

There are many shaking their heads and washing their hands wondering why Hillary Clinton is not forming an administration today. The same was true, questioning why Mitt Romney was not preparing his inaugural address four years ago.romney47

The simple answer is both were seriously flawed candidates, who twice embarked upon a presidential campaign odyssey (Hillary, 2008 and 2016; Mitt, 2008 and 2012) and came up short.

Breaking the Blue Wall

“Wow, Hillary Clinton was SO INSULTING to my supporters, millions of amazing, hard-working people. I think it will cost her at the Polls!” – President-elect Donald Trump Tweet about Hillary’s ‘Basket of Deplorables’ comment

There were so many political experts who wondered out loud for weeks whether The Donald had a realistic Electoral College road-map to the Presidency. They used Poker analogies to suggest that Trump had to run an unlikely, inside-straight to win.

Pundit thinking and conventional wisdom revolved around the conjecture that all of the Barack Obama states from 2008 and 2012 were safely tucked away behind the Blue (State) Wall (e.g., Pennsylvania, Michigan, Wisconsin, Iowa).bluewall

As it turned out, Trump did not have a perfect poker hand as he lost Virginia and Colorado, but did manage to hold Florida, North Carolina and Ohio. The real damage occurred as die blaue Mauer crumbled, overturning the Keystone, Wolverine, Dairy and Hawkeye States and their collective 52 electoral votes and placing them into Trump’s red column.

As the ballots are still being counted, Trump won more than 60 million votes. How many of these people were offended about being pigeonholed as racist, sexist, xenophobic, homophobic Deplorables? The fundraising audience laughed at her description and answered affirmatively to Hillary’s question, “Right?”

To be fair, Almost DailyBrett must point out that Hillary subsequently apologized for this unfortunate stereotype, but the toothpaste was already out of the tube, the bell had already been wrung, the bullet was already out of the chamber …

Was the ‘Deplorables’ remark the only reason that Hillary lost the presidency to a seriously flawed alternative? The answer is obviously negative, and all of the post-mortems will point to a litany of reasons, some valid, some not.

This blog on several occasions (e.g., Outrageous Al Smith Memorial Dinner remarks) scored Trump for time-after-time failing to demonstrate political discipline.

As it turns out he was not the only one, who strayed off script and may have caused a wall to crumble and for a new era to begin.

One must wonder whether Hillary is waking up in the middle of the night and thinking: ‘What could have been …?’

https://www.washingtonpost.com/news/post-politics/wp/2016/09/09/clinton-half-of-trumps-supporters-fit-in-basket-of-deplorables/

https://newrepublic.com/article/138615/deplorables-got-last-laugh

http://www.motherjones.com/politics/2012/09/full-transcript-mitt-romney-secret-video

 

 

“Good moments can be more important than good arguments.” – Former Presidential Campaign Manager Karl Rove

“Jack Kennedy was a friend of mine. Senator, you’re no Jack Kennedy.” – Former U.S. Senator Lloyd Bentsen to former Senator Dan Quayle

“There you go again.” – Ronald Reagan to Jimmy Carter

President Jimmy Carter, left, and Republican Presidential candidate Ronald Reagan, shake hands Tuesday night, October 28, 1980, in Cleveland, Ohio, before debating before a nationwide television audience. (AP Photo/stf)

President Jimmy Carter, left, and Republican Presidential candidate Ronald Reagan, shake hands Tuesday night, October 28, 1980, in Cleveland, Ohio … (AP Photo/stf)

It was Reagan who walked over to shake Carter’s hand after their sole debate, not the other way around. Courtesy matters.

What will be THE moment that transforms Monday’s watershed presidential debate — maybe 100 million viewers — between former Secretary of State Hillary Clinton and business mogul Donald Trump?

What will be the indelible image (i.e., George H.W. Bush looking at his watch; Al Gore moving aggressively toward George W. Bush; aftershave dripping off the face of a haggard Richard Nixon; Mitt Romney’s ‘Big Bird’ remark), which will instantly go viral on literally millions of mobile devices and other second screens?

Remember when mom repeatedly and maddenly told you: “It’s not what you say, but how you say it”?

Temperament and persona matters in a presidential debate, not the ability to recite wonkish policy and stats.

The author of Almost DailyBrett was privileged to attend one debate, the second encounter between then Vice President George W. Bush and former Massachusetts Michael Dukakis. The debate will be forever remembered for Bernard Shaw’s (CNN) opening question to Dukakis and the governor’s response:

Governor, if Kitty Dukakis were raped and murdered, would you favor an irrevocable death penalty for the killer?”

DUKAKIS: “No, I don’t, Bernard, and I think you know that I’ve opposed the death penalty during all of my life. I don’t see any evidence that it’s a deterrent …”dukakisdebate

It was not your command of criminal justice issues, governor … the question pertained to your wife being brutally raped and murdered. Shaw’s question was woefully unfair. Where was your revulsion? Didn’t you have any concern for the horrific image of Kitty being raped and murdered?

Instead, “I don’t see any evidence that it’s a deterrent …” Were you a robot that night, governor? Where was the pathos?

Divorce Court?

The nationwide and swing-state polls are only snapshots in time at this particular moment. They will change after Monday.

Hillary has a lead in the horse race and most importantly in the Electoral College. The race is her’s to lose and she is doing her best to snatch defeat out of the jaws of victory.

When it comes to boring wonkish detail (prose), no one can beat her. Monday’s debate is not a spelling bee. Will Hillary pile on Trump and his “basket of deplorables”? Will she offer more status quo or a vision of the future?

Conversely, which Donald Trump is going to show up? There are three debates, each lasting 90-minutes. Can Trump exhibit presidential discipline for four-and-one-half hours? Almost DailyBrett is taking the ‘under.’

The elite media of course will collectively declare a winner, most likely even as the debate is taking place, forcing one side to face the difficult chore of defending their champion in the post-debate Hofstra University spin room. Will the media winner/loser declaration drive follow-up polling, thus elevating the stature of the elites in communications? Bet on it.

But what if the event is judged as a tie? Doesn’t a tie go to the runner?

The 2016 election is a contest for an open-seat as Barack Obama is completing his second term. Who is the challenger (e.g., “the runner”)? One could argue that Trump holds that role, considering Hillary’s quarter-decade of more in politics (i.e., First Lady, U.S. Senator, Secretary of State).

Is a tie, a tie? No. It would be a win for Trump as the challenger always has the advantage.

Hillary will naturally swing for the fences, trying to expose The Donald’s lack of gravitas and more importantly trying to get under his legendary thin skin. Will The Donald take the bait? Your author is taking the “over.”

So … what are the best strategies for both candidates? Be offensive without being offensive. As Rove has suggested talk to moderator Lester Holt and therefore the nation, and not to be other candidate.

No one wants to watch a rerun of “Divorce Court.” And we don’t wonkish prose. What we need and what makes better theatre and “good moments” is passionate poetry, pointing to a brighter future or that Shining City on the Hill.

Will the debate degenerate into a bitter “he said, she said” series of exchanges? Quite possibly.

The goal is to win, but also to keep faith with mumsy’s “… It’s how you say it.”

PALM BEACH, FL: Newlyweds Donald Trump Sr. and Melania Trump with Hillary Rodham Clinton and Bill Clinton at their reception held at The Mar-a-Lago Club in January 22, 2005 in Palm Beach, Florida. (Photo by Maring Photography/Getty Images/Contour by Getty Images)

PALM BEACH, FL: Newlyweds Donald Trump Sr. and Melania Trump with Hillary Rodham Clinton and Bill Clinton at their reception held at The Mar-a-Lago Club in January 22, 2005 in Palm Beach, Florida. (Photo by Maring Photography/Getty Images/Contour by Getty Images)

Maybe the Donald should remember he invited the Clintons to his third wedding in 2005, and Hillary should reflect she was sitting in the first row. There may be more poetry in being the first to walk over to shake the other candidate’s hand.

Maybe a single act of kindness will be is remembered from Monday’s debate?

Don’t count on it.

http://www.wsj.com/articles/when-presidential-debates-matter-1474498044

http://www.nytimes.com/2016/09/03/business/presidential-debate-moderators-lester-holt-chris-wallace.html?_r=0

http://www.politifact.com/florida/statements/2015/jul/21/carlos-curbelo/clintons-really-did-attend-donald-trumps-2005-wedd/

 

 

 

 

%d bloggers like this: