While Epstein’s victims beg for justice on Capitol Hill, Trump calls their trauma a hoax and Speaker Mike Johnson buries the truth to protect predators in power.
Hermann Goring of 1930’s Nazi fame was clear about Nazi deportation policy when he publicly announced “Whoever in the future raises a hand against a representative of the National Socialist movement or of the State must know that he will lose his life in a very short while." (2494-PS) It became clear in Nazi Germany that once the judiciary lost its authority that the police state had the final say as to a citizen’s fate Wake up American citizens, the current police is coming for you!!!
It’s clear that the Nazis in the WH are not concerned about the criminals that are here in the country illegally What mass deportation is all about is to set up the concentration camps to house anyone who is identified as a “enemy of the state” The 21st century Nazis are not unique or creative They take their mission from a previous authoritarian point in time
Those who smugly ignore or deny that these concentration camps being set up in this country are not for you and me protesting on the streets right now has their head in the sand We are living in a growingly powerful police state where the current Gestapo ie ICE agency has a budget that is larger than the FBI and currently the Nazi regime is setting up the ability to interfere with the 2026 election and beyond Word to the wise
The Cheeto Pedo? He needs to do what he does best. Decompose. The republicans, most of them are either closet gay or into pedophilia, spousal abuse or whatever deviancy, which begs the question “thou doest protest too much?”
Okay......Cankles is decomposing.....I always though that wolfing down 6 Big Macs...a barrel of KFC.....extra large order of fries and a couple of Whoppers on the side was his tournament winning hole in one.
Moses Mike.....after he gets home from Sunday Church Services......trades hard core porn with his son..........then heads off to his other place and is greated by some dude at the front door in his underwear.........then the Pedo-Protector does his Orange Mushroom duty to protect TacoTits from child molestation-rape charges.......
Stand with them. Once sexually abused as children, they courageously spoke out telling us ALL that we need to know. Call your Congresspeople to stand with them rather than the abuser Trump. These abused women have the names. Trump is clearly a complicit abuser. Have no doubt about that. There is much more to expose with this administration. Look at another coverup from just days ago! https://hotbuttons.substack.com/p/vegas-joint-ops-child-sex-decoy-stings?r=3m1bs
I wanted to add this. In spite of Nancy Mace’s dramatic reaction upon her leave of hearing the survivors’ stories, and heartfelt comments later, she turned around yesterday and joined trump’s petition. This is what she said :
“I feel the immense pain of how hard all victims are fighting for themselves because we know absolutely no one will fight for us. GOD BLESS ALL SURVIVORS.”
Wow, she became one of them, now she’s part of that group. But yet she turned her back on them the next day and is supporting her Master. This last comment is so telling:
“because we know absolutely no one will fight for us. GOD BLESS ALL SURVIVORS.”
What a horrid, cruel, clueless, thoughtless comment to make to these courageous survivors. I can’t get my head around this type of person. I can’t even imagine how the survivors felt learning this.
And yes, you bitch Mace, they did have people helping them. And they have all of us, 🇨🇦 and they will win their fight! And just ffs, leave god out of this.
Yes. I think the GOP will choose the predator over children. After all, they chose guns over lives. As far as I am concerned this GOP has no moral compass.
They will do anything for this monster. Look what they have done so far. They haven’t stopped the guns. They’re letting RFK JR the nut kill our kids by him cutting vaccines. They passed the evil bill and so much more for this sicko. They are traitors and evil sickos just like him.
The parents can still get their children vaccinated. If they have any brains they will do that and not wait for Sicko Kennedy to give his blessings to get the vaccine. If they wait too long, it may be too late.
ou know that escort is just another name for prostitution and child trafficking? Trump has paid more taxes in China than he ever has in America.
Chinese authorities have granted preliminary approval for dozens of Trump-branded businesses, expanding his commercial empire and raising further conflicts of interest, say lawyers.
The 38 trademarks include new hotels, spas, escort and concierge services, massage parlors, personal security services and insurance, according to public documents.
The President’s lawyers applied for the trademarks in April last year, at the same time the then Presidential candidate Trump was accusing China of "ripping off" the US and deliberately manipulating its currency to its own advantage.
If there is no objection, the trademarks will be formally registered after 90 days.
Ethics lawyers argue that if the Trump trademarks receive any special treatment due to their association with the President, it would violate the US Constitution, which prohibits those in public office from accepting anything of value from foreign governments, unless they are approved by Congress.
Congress has not approved the China trademarks.
Norm Eisen, who served as chief ethics lawyer for former President Barack Obama, told The Independent that the initial registration of a long-denied Trump trademark "certainly seems to run afoul of the foreign emoluments clause" of the US Constitution.
"I anticipate that these issues will enter into our litigation," he said.
"When Trump is profiting from these valuable Chinese benefits [...], how can we be sure he will advance US interests in his engagements with that country, for example by staunching the flow of American jobs out from the US to China?"
Richard Painter, who served as chief ethics lawyer for George W Bush, said a trademark in itself was not likely to be a violation of the constitutional emoluments clause, but he questioned why so many were granted over such a short period, and whether there was "an accommodation in at least some of them."
They have already filed a lawsuit to challenge the President’s alleged conflicts of interest.
China's State Administration for Industry and Commerce, which oversees the Trademark Office, and Trump Organization general counsel Alan Garten did not immediately respond to requests for comment from The Independent.
Spring Chang, a founding partner at Chang Tsi & Partners, a Beijing law firm that has represented the Trump Organization, declined to comment specifically on Trump's trademarks. But she did say that she advises clients to take out marks defensively, even in categories or subcategories of goods and services they may not aim to develop.
"I don't see any special treatment to the cases of my clients so far," she added. "I think they're very fair and the examination standard is very equal for every applicant."
The Trump Organisation is being run by Mr Trump’s two oldest sons, Donald Jr and Eric Trump, whilst he is in the White House. He was urged to divest from his businesses and place assets in a blind trust but has not done so. The trust, of which he is the sole beneficiary, is being run by Donald Jr and longtime associate Allen Weisselberg. The President can revoke the trust at any time and stands to benefit financially from it after his term is over.
His sons have continued to expand the Trump brand since Inauguration; in Canada and Dubai. Taxpayers have reportedly spent millions on security costs for the sons on their business trips around the world.
Thanks to Tom Hartman, and Jamie Dimon for the main part of the facts and writing.
We have always had stupid people in America. I always thought that about 10% of the people were just plain stupid.
But since Trump I have come to see that I was wrong. It looks like that it is closer to 23% or 75 million people that are morons in America. But what makes me more angry is the 80 million eligible voters that could not be bothered to do their civic duty and vote. What kind of a POS do you have to be to not bother to vote? What is wrong with you? I hope you see that.
Man made god in his own image and the right wing use Fox, Newsmax, and the TV news media like a cudgel to beat lies into your head and fill you with lies and hate. Sadly MAGA are dumb enough to be very easily fooled by the conman Trump!
Trump and the GOP are destroying your future and the future of your children and grandchildren
while Trump makes big money cheating us all in the stock markets. he has to go, he has broken almost every law with which the founding fathers started off the country! But IMHO the republikkklan party has never been good for America.
In the history of the republican party in The United States of America. Each time we let too many republikkklans have a seat in government, the economy just gets destroyed by their stupid ideas. The GOP is the worst enemy the American people have ever had.
Between the Republican Great Depression of 1929-1937 and Reagan's inauguration in 1981, the United States experienced a few recessions, but nothing as severe as Republican President Herbert Hoover oversaw back on Black Tuesday, October 29, 1929.
Hoover's crash was set up by the election of 1920, when Republican Warren Harding convinced Americans to abandon the trust-busting, high tax, progressive policies of Presidents Teddy Roosevelt, William Howard Taft, and Woodrow Wilson in favor of that generation's version of neoliberalism or what we today call Reaganomics.
Harding referred to it as "Horse and Sparrow Economics" — it was the early 20th century version of what Reagan later reinvented as "trickle-down economics."
If the horses (rich people and big business) were fed more oats (through deregulation and tax cuts), more of those oats would pass undigested into the horse manure that then littered the streets of American. The sparrows (working class Americans) could then pick the extra oats out of the manure.
In 1920, Warren Harding won the presidency on a campaign of "more industry in government, less government in industry" — privatize and deregulate — and "a return to normality," his promise to drop the top tax bracket from its then-91 percent rate down to 25 percent.
Harding kept both promises, putting the nation into a sugar-high spin called the Roaring '20s, where the rich got fabulously rich and working-class people were being beaten and murdered by industrialists when they tried to unionize. Harding, Coolidge, and Hoover (the three Republican presidents from 1920 to 1932) all cheered on the assaults, using phrases like "the right to work" to describe a union-free nation.
In the end, the result of the "horses and sparrows" economics advocated by Harding was the Republican Great Depression (yes, they called it that until after World War II).
FDR's response to Hoover's Depression was to raise the top income tax bracket back up to 91% and impose stiff regulations on banks and Wall Street, creating the Securities and Exchange Commission (SEC) and putting Joe Kennedy in charge of it.
Gloria Swanson, who knew Kennedy well and intensely disliked him (he'd robbed and exploited her), told me over one of our many dinners in her New York apartment that FDR knew, "It takes a crook to catch a crook." And FDR was going after the crooks.
High taxes on the morbidly rich and aggressive government enforcement of banking and securities rules prevented another large-scale crash for a half century until Reagan came all High on oil and repeated Harding's mistakes in the 1980s.
After Reagan finally dropped the top tax rate from the 74% he inherited when he came into office to 28% there was a one-day 22% stock market crash — Black Monday on October 27, 1987 — that rivaled 1929's Black Tuesday for the first time.
When Reagan deregulated the Savings & Loan industry the banksters stole so much money they crashed S&Ls across America, the first serious bank panic since the Republican Great Depression.
We're still living in Reagan's neoliberal deregulated economy. It brought us two financial crises while he was President, the dot-com bubble-bust of 1999/2000, the Bush Crash of 2008, and arguably the 7.8 trillion-dollar-heist of 2020 when Trump passed out money to his fat-cat buddies without controls (we're still trying to figure out where all that money went).
Now, if Dimon is right, hang onto your hat for another "event."
The core tenant of both Harding's and Reagan's versions of neoliberalism is that the economy is essentially a force of nature. It's why Harding did away with regulations on stock speculation and why Reagan deregulated everything he could as fast as he could.
The economy "operates according to its own rules," they'd tell you, and anything government does to interfere with it will simply produce a bad outcome.
In actual fact, the opposite is true.
Players in the top reaches of finance, banking, and speculation are much like players in boxing or football: they're engaged in a competitive high-stakes game defined by very specific rules, and when they know they can get away with breaking those rules, they'll often do it.
The difference is that instead of winning or throwing a football game or boxing match, when bankers and speculators violate the rules they can take down the entire economy.
The financial speculators, of course are rarely injured in the process. We bailed out the banksters and speculators in the 1980s, 1999/2000, 2008, and 2020 to the tune of trillions of dollars. Senior executives and shareholders took home hundreds of billions of those dollars, looting the system they themselves had crashed.
Since 2008, most of that money was created out of thin air by the Fed. Now the Fed wants it back, but the banksters and speculators have already stashed it in their offshore tax havens. As a result, working class Americans and small- and medium-sized businesses will largely foot the bill.
Dimon and the purveyors of doom may be wrong about a crisis at this particular moment, but the system is still shaky and fraud is rife across banking, brokerage and finance, as Elizabeth Warren and Katie Porter continually remind us.
As in The Hidden History of Neoliberalism: How Reaganism Gutted America, it's probably going to take another 1929-type event to shake Americans up enough to reject Reagan's vision of a deregulated economy and put the nation back on the course of the stable and steady Keynesian growth that FDR gave us from 1933 to 1981.
Now, in addition to an economy held together with the baling-wire of Fed stimulus (that's coming to an end), both the US and the world are facing a wild spectrum of assaults that could have huge economic impacts.
And Republicans are committed to doing everything they can to cripple our economy, refusing to pass much of Biden's economic agenda, in their belief that a Crash will help them in the 2022 and 2024 elections.
The republikkklan party, is always party over country! They like Trump have decided they will not speak truth and will not deal in facts. If America is going to be a democratic republic. The party of right wing fascists, white supremacist racists, grifting conmen, have to be removed from government at all levels.
Vote for America and Vote democratic for life liberty and the pursuit of happiness.
All the right offers is hate, fear, poverty and death.
Kentucky under Mitch McConnell with the help of Rand Paul and James Comer, and the republican party:
48th in Health Care quality
45th in Fiscal Stability
44th in Employment
44th in Economic Opportunity
44th in Health Care
43rd in Higher Education
39th in Economy
38th in Education
Mitch has been in office for 35 YEARS.
Vote them out. Vote blue.
The republikkklan party is no longer an American party. They are the party of Trump and Putin.
They should never have any voice in a free government ever again. They do not deserve to be a part of America.
They've NEVER chosen to protect children before so why would they start now? Yet another example they ONLY care about fetuses until they're born. After that, that damn baby is on its own.
What about a subpoena from Comer for Barry Krischer, the original prosecutor who as the Palm Beach County State Attorney, had the opportunity to put Epstein away, but chose to vilify and toss his victims under the bus? Krischer was not only there before Acosta, but surreptitiously pushed for the federal sweetheart deal with Acosta at the end. Krischer should have to testify!
My 9/3 email on EPSTEIN FILES to Kansas Sen Jerry Moran:
RE: OUR 14 YEAR OLD CHILDREN AND GRANDCHILDREN
Dear Jerry -
The Epstein survivors speaking out were first being recruited and abused when they were 14!
Many Kansans have now or have had a granddaughter or daughter who is 14.
These survivors explain how the US government’s ongoing coverup of the Epstein files is ALSO A COVERUP of the history and details of THEIR ABUSE - which THEY NEED to see and understand for THEMSELVES FOR THEIR OWN RECOVERY.
REQUEST 1: Will you please help them?
REQUEST 2: Will you please help all of us Kansans to see and learn about the Epstein abuses and trafficking so we can be vigilant ourselves and with our local, state and federal governments to better protect our 14 year olds from trafficking and abuse?
Our president of the United States and no more than a rat piece of shit like the US attorney of DC nothing more than whale shit at the bottom of the ocean what is wrong with these people and these people who put him in office it’s absolutely disgusting. I want to know what the hell is going onwhen people who play with children’s lives rape them sodomize them and try to cover it up. This country sucks.
What do you mean will they? They’ve already done it. This goes for any member of the political rat race; if you enjoy the company of underage children you shouldn’t be roaming the streets or representing any of us
Michael Cohen, once he was going to testify against Trump became the worst lawyer int he world.
Trump threatened his life, his family, he said he'd contact the Feds to arrest his father in law. Michael what else did he do to you? And yet he testified. How do you think a 13 year old girl who was just raped by Trump felt when he said, "you tell anyone and your family will die. A 13 year old. And then about 20 years later and she filed a lawsuit against the twin pedophiles Trump and Epstein, both threatened her life and family. And she finally succumbed to the threats and closed out the lawsuit. The facts didn't change the Pedophile does not change his spots. To a 13 year old and to a grown lawyer of 15 years working and kissing his ass, he threatens the Congress, he threatens countries, he threatens anyone that he feels insulted him or as Obama did - embarrass him. He said "I NEVER FORGET and if one hits me with a level 1 I'll hit back with a 10 and they won't know what hit them" He rules like the Mafia Don he thinks he is. When will just 5 GOP congressmen get some balls? When. Make this pedophile groval. The women of Epstein should name him as a pedophile and that would mean the government would have to open all the records unless he admits yes he is. Because he will do the same as he did to Murdoch. I'll sue for a billion I never drew a picture nor sent a note to Epstein. Now they will show the book and he'll be shown as a liar. All the women should say they saw him at al parties grabbing young girls by the pussy. All of them. Then you have the proof from the BUSH tapes. Tell the world that young girls 13 and 14 were gropped by the pedophile. He did it to them because he wanted to do it to his daughter. (again public records.) (INCEST BY PROXY)
Of course they do and will. By word and deed children are among their targets—the children kidnapped from their immigrant parents, the children lost in school shootings, the children unprotected from vaccine-preventable illness, the children scorned for poverty and unworthy of social safety net outlays. Child sexual exploitation, denied, accepted and forgiven is just another page in their playbook.
Michael, I'm sorry to say this, but rich men have always behaved like this. I'm surprised you expect something different. Women know the truth. What's taken you so long?
Cheeto And His Nazi Allies About Mass Deportation
Hermann Goring of 1930’s Nazi fame was clear about Nazi deportation policy when he publicly announced “Whoever in the future raises a hand against a representative of the National Socialist movement or of the State must know that he will lose his life in a very short while." (2494-PS) It became clear in Nazi Germany that once the judiciary lost its authority that the police state had the final say as to a citizen’s fate Wake up American citizens, the current police is coming for you!!!
It’s clear that the Nazis in the WH are not concerned about the criminals that are here in the country illegally What mass deportation is all about is to set up the concentration camps to house anyone who is identified as a “enemy of the state” The 21st century Nazis are not unique or creative They take their mission from a previous authoritarian point in time
Those who smugly ignore or deny that these concentration camps being set up in this country are not for you and me protesting on the streets right now has their head in the sand We are living in a growingly powerful police state where the current Gestapo ie ICE agency has a budget that is larger than the FBI and currently the Nazi regime is setting up the ability to interfere with the 2026 election and beyond Word to the wise
The Cheeto Pedo? He needs to do what he does best. Decompose. The republicans, most of them are either closet gay or into pedophilia, spousal abuse or whatever deviancy, which begs the question “thou doest protest too much?”
Okay......Cankles is decomposing.....I always though that wolfing down 6 Big Macs...a barrel of KFC.....extra large order of fries and a couple of Whoppers on the side was his tournament winning hole in one.
Moses Mike.....after he gets home from Sunday Church Services......trades hard core porn with his son..........then heads off to his other place and is greated by some dude at the front door in his underwear.........then the Pedo-Protector does his Orange Mushroom duty to protect TacoTits from child molestation-rape charges.......
The Orange Felon is a POS and a liar! Release the Files!
Amen
Stand with them. Once sexually abused as children, they courageously spoke out telling us ALL that we need to know. Call your Congresspeople to stand with them rather than the abuser Trump. These abused women have the names. Trump is clearly a complicit abuser. Have no doubt about that. There is much more to expose with this administration. Look at another coverup from just days ago! https://hotbuttons.substack.com/p/vegas-joint-ops-child-sex-decoy-stings?r=3m1bs
Carl Selfe. Well said. And to add further, as a woman, I appreciate your comment “Stand with them.”
Men’s voices are so important now.
I wanted to add this. In spite of Nancy Mace’s dramatic reaction upon her leave of hearing the survivors’ stories, and heartfelt comments later, she turned around yesterday and joined trump’s petition. This is what she said :
“I feel the immense pain of how hard all victims are fighting for themselves because we know absolutely no one will fight for us. GOD BLESS ALL SURVIVORS.”
Wow, she became one of them, now she’s part of that group. But yet she turned her back on them the next day and is supporting her Master. This last comment is so telling:
“because we know absolutely no one will fight for us. GOD BLESS ALL SURVIVORS.”
What a horrid, cruel, clueless, thoughtless comment to make to these courageous survivors. I can’t get my head around this type of person. I can’t even imagine how the survivors felt learning this.
And yes, you bitch Mace, they did have people helping them. And they have all of us, 🇨🇦 and they will win their fight! And just ffs, leave god out of this.
Let the buyer beware 😏
Amen sister!!
Arm up and carry wherever you go.
Careful or we play into Cheeto's excuse to politically and legally abuse protesters
Yes. I think the GOP will choose the predator over children. After all, they chose guns over lives. As far as I am concerned this GOP has no moral compass.
I pray they prove me wrong.
You are correct all of the GOP of today are criminals and domestic terrorists.
We need to rid the planet of billionaires. For the good of all mankind.
AMEN!😷😷😷🙏🙏🙏🙏🙏🙏
Amen, God knows their names.
They won’t. They need to go down!
They will do anything for this monster. Look what they have done so far. They haven’t stopped the guns. They’re letting RFK JR the nut kill our kids by him cutting vaccines. They passed the evil bill and so much more for this sicko. They are traitors and evil sickos just like him.
The parents can still get their children vaccinated. If they have any brains they will do that and not wait for Sicko Kennedy to give his blessings to get the vaccine. If they wait too long, it may be too late.
Maga never chooses children.
MAGA are all criminal pedophiles themselves. That is part of the reason they love Trump.
Trump was and is in the sex trafficking business, 1st with Epstein and
Trump is still sex trafficking today. You voted for this MAGA. How are you going to feel when Trump rapes your child/grandchild?
https://www.independent.co.uk/news/world/americas/china-donald-trump-branded-without-us-congress-permission-trademarks-spas-escort-services-hotels-and-massage-parlours-a7619136.html
ou know that escort is just another name for prostitution and child trafficking? Trump has paid more taxes in China than he ever has in America.
Chinese authorities have granted preliminary approval for dozens of Trump-branded businesses, expanding his commercial empire and raising further conflicts of interest, say lawyers.
The 38 trademarks include new hotels, spas, escort and concierge services, massage parlors, personal security services and insurance, according to public documents.
The President’s lawyers applied for the trademarks in April last year, at the same time the then Presidential candidate Trump was accusing China of "ripping off" the US and deliberately manipulating its currency to its own advantage.
If there is no objection, the trademarks will be formally registered after 90 days.
Ethics lawyers argue that if the Trump trademarks receive any special treatment due to their association with the President, it would violate the US Constitution, which prohibits those in public office from accepting anything of value from foreign governments, unless they are approved by Congress.
Congress has not approved the China trademarks.
Norm Eisen, who served as chief ethics lawyer for former President Barack Obama, told The Independent that the initial registration of a long-denied Trump trademark "certainly seems to run afoul of the foreign emoluments clause" of the US Constitution.
"I anticipate that these issues will enter into our litigation," he said.
"When Trump is profiting from these valuable Chinese benefits [...], how can we be sure he will advance US interests in his engagements with that country, for example by staunching the flow of American jobs out from the US to China?"
Richard Painter, who served as chief ethics lawyer for George W Bush, said a trademark in itself was not likely to be a violation of the constitutional emoluments clause, but he questioned why so many were granted over such a short period, and whether there was "an accommodation in at least some of them."
They have already filed a lawsuit to challenge the President’s alleged conflicts of interest.
China's State Administration for Industry and Commerce, which oversees the Trademark Office, and Trump Organization general counsel Alan Garten did not immediately respond to requests for comment from The Independent.
Spring Chang, a founding partner at Chang Tsi & Partners, a Beijing law firm that has represented the Trump Organization, declined to comment specifically on Trump's trademarks. But she did say that she advises clients to take out marks defensively, even in categories or subcategories of goods and services they may not aim to develop.
"I don't see any special treatment to the cases of my clients so far," she added. "I think they're very fair and the examination standard is very equal for every applicant."
The Trump Organisation is being run by Mr Trump’s two oldest sons, Donald Jr and Eric Trump, whilst he is in the White House. He was urged to divest from his businesses and place assets in a blind trust but has not done so. The trust, of which he is the sole beneficiary, is being run by Donald Jr and longtime associate Allen Weisselberg. The President can revoke the trust at any time and stands to benefit financially from it after his term is over.
His sons have continued to expand the Trump brand since Inauguration; in Canada and Dubai. Taxpayers have reportedly spent millions on security costs for the sons on their business trips around the world.
Only for rape and incest
Yes. They have proven they don’t care about men having sex (raping) children unless they are democrats, then they care.
My GOP reps in WISCONSIN will protect the pedos. No matter how often you call them out. It’s always Biden’s fault.
Thanks to Tom Hartman, and Jamie Dimon for the main part of the facts and writing.
We have always had stupid people in America. I always thought that about 10% of the people were just plain stupid.
But since Trump I have come to see that I was wrong. It looks like that it is closer to 23% or 75 million people that are morons in America. But what makes me more angry is the 80 million eligible voters that could not be bothered to do their civic duty and vote. What kind of a POS do you have to be to not bother to vote? What is wrong with you? I hope you see that.
Man made god in his own image and the right wing use Fox, Newsmax, and the TV news media like a cudgel to beat lies into your head and fill you with lies and hate. Sadly MAGA are dumb enough to be very easily fooled by the conman Trump!
Trump and the GOP are destroying your future and the future of your children and grandchildren
while Trump makes big money cheating us all in the stock markets. he has to go, he has broken almost every law with which the founding fathers started off the country! But IMHO the republikkklan party has never been good for America.
In the history of the republican party in The United States of America. Each time we let too many republikkklans have a seat in government, the economy just gets destroyed by their stupid ideas. The GOP is the worst enemy the American people have ever had.
Between the Republican Great Depression of 1929-1937 and Reagan's inauguration in 1981, the United States experienced a few recessions, but nothing as severe as Republican President Herbert Hoover oversaw back on Black Tuesday, October 29, 1929.
Hoover's crash was set up by the election of 1920, when Republican Warren Harding convinced Americans to abandon the trust-busting, high tax, progressive policies of Presidents Teddy Roosevelt, William Howard Taft, and Woodrow Wilson in favor of that generation's version of neoliberalism or what we today call Reaganomics.
Harding referred to it as "Horse and Sparrow Economics" — it was the early 20th century version of what Reagan later reinvented as "trickle-down economics."
If the horses (rich people and big business) were fed more oats (through deregulation and tax cuts), more of those oats would pass undigested into the horse manure that then littered the streets of American. The sparrows (working class Americans) could then pick the extra oats out of the manure.
In 1920, Warren Harding won the presidency on a campaign of "more industry in government, less government in industry" — privatize and deregulate — and "a return to normality," his promise to drop the top tax bracket from its then-91 percent rate down to 25 percent.
Harding kept both promises, putting the nation into a sugar-high spin called the Roaring '20s, where the rich got fabulously rich and working-class people were being beaten and murdered by industrialists when they tried to unionize. Harding, Coolidge, and Hoover (the three Republican presidents from 1920 to 1932) all cheered on the assaults, using phrases like "the right to work" to describe a union-free nation.
In the end, the result of the "horses and sparrows" economics advocated by Harding was the Republican Great Depression (yes, they called it that until after World War II).
FDR's response to Hoover's Depression was to raise the top income tax bracket back up to 91% and impose stiff regulations on banks and Wall Street, creating the Securities and Exchange Commission (SEC) and putting Joe Kennedy in charge of it.
Gloria Swanson, who knew Kennedy well and intensely disliked him (he'd robbed and exploited her), told me over one of our many dinners in her New York apartment that FDR knew, "It takes a crook to catch a crook." And FDR was going after the crooks.
High taxes on the morbidly rich and aggressive government enforcement of banking and securities rules prevented another large-scale crash for a half century until Reagan came all High on oil and repeated Harding's mistakes in the 1980s.
After Reagan finally dropped the top tax rate from the 74% he inherited when he came into office to 28% there was a one-day 22% stock market crash — Black Monday on October 27, 1987 — that rivaled 1929's Black Tuesday for the first time.
When Reagan deregulated the Savings & Loan industry the banksters stole so much money they crashed S&Ls across America, the first serious bank panic since the Republican Great Depression.
We're still living in Reagan's neoliberal deregulated economy. It brought us two financial crises while he was President, the dot-com bubble-bust of 1999/2000, the Bush Crash of 2008, and arguably the 7.8 trillion-dollar-heist of 2020 when Trump passed out money to his fat-cat buddies without controls (we're still trying to figure out where all that money went).
Now, if Dimon is right, hang onto your hat for another "event."
The core tenant of both Harding's and Reagan's versions of neoliberalism is that the economy is essentially a force of nature. It's why Harding did away with regulations on stock speculation and why Reagan deregulated everything he could as fast as he could.
The economy "operates according to its own rules," they'd tell you, and anything government does to interfere with it will simply produce a bad outcome.
In actual fact, the opposite is true.
Players in the top reaches of finance, banking, and speculation are much like players in boxing or football: they're engaged in a competitive high-stakes game defined by very specific rules, and when they know they can get away with breaking those rules, they'll often do it.
The difference is that instead of winning or throwing a football game or boxing match, when bankers and speculators violate the rules they can take down the entire economy.
The financial speculators, of course are rarely injured in the process. We bailed out the banksters and speculators in the 1980s, 1999/2000, 2008, and 2020 to the tune of trillions of dollars. Senior executives and shareholders took home hundreds of billions of those dollars, looting the system they themselves had crashed.
Since 2008, most of that money was created out of thin air by the Fed. Now the Fed wants it back, but the banksters and speculators have already stashed it in their offshore tax havens. As a result, working class Americans and small- and medium-sized businesses will largely foot the bill.
Dimon and the purveyors of doom may be wrong about a crisis at this particular moment, but the system is still shaky and fraud is rife across banking, brokerage and finance, as Elizabeth Warren and Katie Porter continually remind us.
As in The Hidden History of Neoliberalism: How Reaganism Gutted America, it's probably going to take another 1929-type event to shake Americans up enough to reject Reagan's vision of a deregulated economy and put the nation back on the course of the stable and steady Keynesian growth that FDR gave us from 1933 to 1981.
Now, in addition to an economy held together with the baling-wire of Fed stimulus (that's coming to an end), both the US and the world are facing a wild spectrum of assaults that could have huge economic impacts.
And Republicans are committed to doing everything they can to cripple our economy, refusing to pass much of Biden's economic agenda, in their belief that a Crash will help them in the 2022 and 2024 elections.
The republikkklan party, is always party over country! They like Trump have decided they will not speak truth and will not deal in facts. If America is going to be a democratic republic. The party of right wing fascists, white supremacist racists, grifting conmen, have to be removed from government at all levels.
Vote for America and Vote democratic for life liberty and the pursuit of happiness.
All the right offers is hate, fear, poverty and death.
Kentucky under Mitch McConnell with the help of Rand Paul and James Comer, and the republican party:
48th in Health Care quality
45th in Fiscal Stability
44th in Employment
44th in Economic Opportunity
44th in Health Care
43rd in Higher Education
39th in Economy
38th in Education
Mitch has been in office for 35 YEARS.
Vote them out. Vote blue.
The republikkklan party is no longer an American party. They are the party of Trump and Putin.
They should never have any voice in a free government ever again. They do not deserve to be a part of America.
Thank you James for that historical information, this should be posted in its entirety as a Substack article by you!
Poor Joe Biden could be dead and gone, and they'd still blame him for current events.
It's a cowards way, called switch and bait.
EVERYTHING is Biden's fault!🤯🤯🤯🤯💩🤡
They've NEVER chosen to protect children before so why would they start now? Yet another example they ONLY care about fetuses until they're born. After that, that damn baby is on its own.
What about a subpoena from Comer for Barry Krischer, the original prosecutor who as the Palm Beach County State Attorney, had the opportunity to put Epstein away, but chose to vilify and toss his victims under the bus? Krischer was not only there before Acosta, but surreptitiously pushed for the federal sweetheart deal with Acosta at the end. Krischer should have to testify!
My 9/3 email on EPSTEIN FILES to Kansas Sen Jerry Moran:
RE: OUR 14 YEAR OLD CHILDREN AND GRANDCHILDREN
Dear Jerry -
The Epstein survivors speaking out were first being recruited and abused when they were 14!
Many Kansans have now or have had a granddaughter or daughter who is 14.
These survivors explain how the US government’s ongoing coverup of the Epstein files is ALSO A COVERUP of the history and details of THEIR ABUSE - which THEY NEED to see and understand for THEMSELVES FOR THEIR OWN RECOVERY.
REQUEST 1: Will you please help them?
REQUEST 2: Will you please help all of us Kansans to see and learn about the Epstein abuses and trafficking so we can be vigilant ourselves and with our local, state and federal governments to better protect our 14 year olds from trafficking and abuse?
Thank you. Rusty Leffel
Our president of the United States and no more than a rat piece of shit like the US attorney of DC nothing more than whale shit at the bottom of the ocean what is wrong with these people and these people who put him in office it’s absolutely disgusting. I want to know what the hell is going onwhen people who play with children’s lives rape them sodomize them and try to cover it up. This country sucks.
What do you mean will they? They’ve already done it. This goes for any member of the political rat race; if you enjoy the company of underage children you shouldn’t be roaming the streets or representing any of us
Why would we need the files? If these women can name names? they are the files in real life!!
There’s more to it I think. Trafficking adult women, financial crimes and money laundering. Would be nice to see the entire network exposed.
Michael Cohen, once he was going to testify against Trump became the worst lawyer int he world.
Trump threatened his life, his family, he said he'd contact the Feds to arrest his father in law. Michael what else did he do to you? And yet he testified. How do you think a 13 year old girl who was just raped by Trump felt when he said, "you tell anyone and your family will die. A 13 year old. And then about 20 years later and she filed a lawsuit against the twin pedophiles Trump and Epstein, both threatened her life and family. And she finally succumbed to the threats and closed out the lawsuit. The facts didn't change the Pedophile does not change his spots. To a 13 year old and to a grown lawyer of 15 years working and kissing his ass, he threatens the Congress, he threatens countries, he threatens anyone that he feels insulted him or as Obama did - embarrass him. He said "I NEVER FORGET and if one hits me with a level 1 I'll hit back with a 10 and they won't know what hit them" He rules like the Mafia Don he thinks he is. When will just 5 GOP congressmen get some balls? When. Make this pedophile groval. The women of Epstein should name him as a pedophile and that would mean the government would have to open all the records unless he admits yes he is. Because he will do the same as he did to Murdoch. I'll sue for a billion I never drew a picture nor sent a note to Epstein. Now they will show the book and he'll be shown as a liar. All the women should say they saw him at al parties grabbing young girls by the pussy. All of them. Then you have the proof from the BUSH tapes. Tell the world that young girls 13 and 14 were gropped by the pedophile. He did it to them because he wanted to do it to his daughter. (again public records.) (INCEST BY PROXY)
It's not will they. It is will they stop?
Of course they do and will. By word and deed children are among their targets—the children kidnapped from their immigrant parents, the children lost in school shootings, the children unprotected from vaccine-preventable illness, the children scorned for poverty and unworthy of social safety net outlays. Child sexual exploitation, denied, accepted and forgiven is just another page in their playbook.
You left out SNAP and Public school!
Yes, just the act of getting rid of the Department of Education shows where their priorities lie.
You know they're going to choose child molesters
Michael, I'm sorry to say this, but rich men have always behaved like this. I'm surprised you expect something different. Women know the truth. What's taken you so long?