Relevant and even prescient commentary on news, politics and the economy.

Two Must-Read Columns in the NYT Today

Nicholas Kristof’s and Linda Greenhouse’s.  They’re on different subjects but, in my opinion, part and parcel of the same thing.

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ADDENDUM: Reader Sandi and I exchanged these comments in the Comments thread here this morning:

Sandi

February 19, 2016 9:03 am

One way Kristoff didn’t mention that amasses huge fortunes is our tax laws, as pertains to inheritance.

It’s beyond obscene that not only are families like the Scaifes and Kochs able to set up trusts to pass the loot to their kids, that, are structured so that after a few years of giving the proceeds of the trust to charity, the kids then get the whole enchilada with no inheritance or gift tax consequences.

The really brilliant bit is using that generated cash to set up 501(c)(3) and 501(c)(4)s to further your political agenda, much of which is to keep the tax laws bent in your direction……………
Power is great, but anonymous power really keeps your enemies on their toes. They never know where you’ll strike from next.

 

Me

February 19, 2016 9:57 am

Sandi, it absolutely dismays me that the news media and the Republican Establishment think Rubio could beat Clinton or Sanders. The two seminal parts of Rubio’s tax plan are to end the capital gains tax and end the estate tax.

The public, of course, doesn’t yet know this, and it does not occur to the media and Republican Establishment folks that once they learn of it Rubio couldn’t defeat a monkey in the general election.

Yet they all—the pundits of all ideological stripes—keep saying that Sanders’ current strength against the Republican candidates in polls pitting them against Sanders and against Clinton don’t mean much this early, yet the polls showing Rubio’s strength do. But the key thing that supposedly makes Sanders unelectable—that he’s a SOCIALIST—is actually the thing that virtually everyone who’s heard of him knows. Yet the key thing that actually would make Rubio unelectable—his tax plan—has yet to break through to most of the public. Literally; it’s extremely likely that almost no one knows of it.

I’ll add here that it is to Paul Krugman’s tremendous credit that he keeps making that point about Rubio.

Added 1/19 at 10:14 a.m.

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Apparently there’s a special place in hell for Democratic politicians who criticize Barack Obama as insufficiently progressive. And a special place in heaven for politicians who have accepted $133,246 from the private-prisons industry but tell Black and Hispanic voters at a debate shortly before the Nevada caucuses and South Carolina primary that they want to end the private-prison system.

Nicholas Kristof 

✔@NickKristof

Clinton is accusing Sanders of being anti-Obama. Feels fake and contrived to me, and rather nasty.

10:47 PM – 11 Feb 2016 Twitter

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What worries me more than anything else about a Clinton general election campaign is her propensity to say obviously silly things. Elsewhere in that speech, in Clinton, IA on Friday, she again repeated her (and her daughter’s) complaint—without any hint of recognition of irony—that Sanders’ single-payer healthcare insurance plan would kill Obamacare.  As if it weren’t the very purpose of a single-payer healthcare insurance system to eliminate private healthcare insurance for the benefits that the single-payer plan provides.  As if the purpose of Obamacare was to create some living monument to Obama, rather than to provide healthcare insurance to people who had no access to it, and provide decent insurance to people who had policies that provided almost no coverage. [Italics added.]

Is it just me, or is the Clinton campaign’s take on how to appeal to African-American voters really demeaning, Me, Feb. 3, quoting myself in a Jan. 24 post.

Okay, good.  It’s not just me.  It’s also New York Times columnist Nicholas Kristof.  And David Strauss of Politico, who at 9:57 last night posted a short article titled “Clinton namechecks Obama over and over again.”  There was still an hour left in the debate then, so make that “Clinton namechecks Obama over and over and over and over and over again.”

But, hey.  All three of us are white.  And Black folk might not get what she’s doing.  And any who think they do would be wrong.  Like all of us women who mistakenly thought Clinton had, throughout her campaign, bludgeon-like, been asking women to vote for her because she’s a woman.

All those incessant Pavlovian references to women?  And last week, her declaration that Sanders must be the only person who thought she was a member of the political and economic establishment, because she’s running to be the first woman president and by dint of that fact clearly has no connection whatsoever to the politically and economically very, very powerful?  Or even to the slightly powerful?  She disabused us last night of the misconception that she was asking women to vote for her because she’s a woman.  Instead she was asking us to vote for her because she has no connection to the politically and economically powerful.

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