HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » newthinking » Journal
Page: 1

newthinking

Profile Information

Member since: Tue Feb 9, 2010, 11:51 PM
Number of posts: 3,982

Journal Archives

Paul Krugman, Bernie Sanders and the truth about the free trade scam

[font size = 3]Paul Krugman, Bernie Sanders and the truth about the free trade scam[/font]
Trade has been a disaster for Democratic voters, but a boon for Democratic politicians
-- especially the Clintons

Paul Rosenberg
SALON


Bernie Sanders, Paul Krugman, Hillary Clinton (Credit: Reuters/Bob Strong/Brian Snyder/Photo montage by Salon)

In the wake of Bernie Sanders stunning upset victory in the Michigan primary, there’s a renewed recognition that the negative impacts of global trade matter—a lot. There’s still a broad assumption Clinton will easily win the nomination, but there’s been some talk that she might consider Sherrod Brown, Ohio’s staunchly anti-”free trade” senator as her running mate. And of course, as the New York Times dwells on, Clinton is “sharpening” her “message on jobs and trade.”

But Michigan matters not just for Clinton, but for the Democratic Party as a whole. And it’s going to take much more than sharper messaging to actually make a difference in people’s lives. It’s not just a matter of changing policies around the edges—as Clinton now says that she wants to do—the entire corporate-dominated policymaking process that produces such deals needs to be done away with, and replaced with something far more open, democratic and informed by long-term realism. And that can only happen through a mobilization of political will—or as Sanders would call it, “a political revolution.”

Clinton’s messaging shift is a good indication of how far the establishment is from grasping what’s actually needed. As the Times notes, she’s always been upbeat in the past, stressing “inclusiveness,” as the neoliberal lexicon would have it:

“I want to be the president for the struggling, the striving and the successful,” she often said.

But now, she’s signaled a change:

Stung by the bad showing, Mrs. Clinton was already recalibrating her message, even altering her standard line before the Michigan race had been called. “I don’t want to be the president for those who are already successful — they don’t need me,” she said at a rally Tuesday night in Cleveland. “I want to be the president for the struggling and the striving.”


It’s a characteristically breathtaking move on Clinton’s part. It sounds great, of course. But how can she be a president for the struggling and striving when she’s so out of touch with them that she’s been blindsided by the brokenness of their dreams? There’s so much more than messaging that needs to be adjusted here. As Paul Krugman now admits, “much of the elite defense of globalization is basically dishonest…. So the elite case for ever-freer trade is largely a scam.”

Continued:
http://www.salon.com/2016/03/18/hillary_clinton_doesnt_get_it_paul_krugman_bernie_sanders_and_the_truth_about_the_free_trade_scam/

Primary results: Bernie Sanders upsets Hillary Clinton in Michigan

Source: CNN

Washington (CNN)Bernie Sanders won the Michigan Democratic primary, CNN projects, in an upset that delivers a sharp blow to Hillary Clinton's hopes of quickly securing her party's nomination.

Sanders' victory, on the eve of the next Democratic debate clash that will be simulcast on CNN, raises fresh questions about the former secretary of state's appeal to blue-collar Democrats who have embraced the Vermont's senator's populist anti-Wall Street message.

Although Sanders did little to cut into Clinton's overall lead of about 200 delegates, thanks to her win Tuesday in Mississippi, his performance in Michigan suggests Sanders could mount a stronger-than-expected challenge in looming primaries in a string of Rust Belt states, including Ohio, Illinois and Wisconsin.

On the Republican side, Donald Trump will win the Republican primaries in Michigan and Mississippi, according to CNN projections, important victories that propel him closer to the GOP presidential nomination, despite a week of fearsome barrage of attacks from his rivals and the Republican establishment.

Texas Sen. Ted Cruz, meanwhile, won Idaho, CNN projects, further validating his claims that he is now in a two-man race with the billionaire.

But the big surprise of the night was in the Democratic race.

Read more: http://www.cnn.com/2016/03/08/politics/primary-results-highlights/index.html



On the main page (CNN.COM under Breaking News):


[font size = 4]"Sanders upsets Clinton in Michigan for Night's Biggest Prize"[/font]

War, Peace, and Bernie Sanders

War, Peace, and Bernie Sanders
by
Robert C. Koehler
CommonDreams.org


Rep. Tulsi Gabbard speaking in 2013 at the Civil Rights Luncheon during AFGE's annual Legislative Conference. (Photo: AFGE/flickr/cc)

It’s the day after the big vote and I’m doing my best to dig Tulsi Gabbard’s endorsement of Bernie Sanders out from beneath the pile of Super Tuesday numbers and media declarations of winners and losers.

As a Boston Globe headline put it: “Clinton and Trump are now the presumptive nominees. Get used to it.”

But something besides winning and losing still matters, more than ever, in the 2016 presidential race. War and peace and a fundamental questioning of who we are as a nation are actually on the line in this race, or could be — for the first time since 1972, when George McGovern was the Democratic presidential nominee.

Embrace what matters deeply and there’s no such thing as losing.

Gabbard, an Iraq war vet, congresswoman from Hawaii and “rising star” in the Democratic establishment, stepped down as vice-chair of the Democratic National Committee in order to endorse Sanders — because he’s the only candidate who is not financially and psychologically tied to the military-industrial complex.

“As a veteran of two Middle East deployments, I know firsthand the cost of war,” she said, cracking the mainstream silence on U.S. militarism. “As a vice chair of the DNC, I am required to stay neutral in democratic primaries, but I cannot remain neutral any longer. The stakes are just too high.”

Because of Gabbard — only because of Gabbard — the multi-trillion-dollar monstrosity of U.S. militarism is getting a little mainstream media attention amid the reality-TV histrionics of this year’s presidential race, the Donald Trump phenomenon and the spectacle of Republican insult-flinging.

Continued:
http://www.commondreams.org/views/2016/03/03/war-peace-and-bernie-sanders

Larry Fink and His BlackRock Team Poised to Take Over Hillary Clinton’s Treasury Department

Larry Fink and His BlackRock Team Poised to Take Over Hillary Clinton’s Treasury Department
David Dayen


Goldman Sachs paid Hillary Clinton $675,000 for three speeches, but an even bigger Wall Street player stands ready to mold and enact her economic and financial policy if she becomes president.

BlackRock is far from a household name, but it is the largest asset management firm in the world, controlling $4.6 trillion in investor funds — about a trillion dollars more than the annual federal budget, and five times the assets of Goldman Sachs. And Larry Fink, BlackRock’s CEO, has assembled a veritable shadow government full of former Treasury Department officials at his company.

Fink has made clear his desire to become Treasury Secretary someday. The Obama administration had him on the short list to replace Timothy Geithner. When that didn’t materialize, he pulled several members of prior Treasury Departments into high-level positions at the firm, which may improve the prospects of realizing his dream in a future Clinton administration.

And his priorities appear to be so in sync with Clinton’s that it’s not entirely clear who shares whose agenda.

Clinton, for her part, has refused to rule out a Treasury Secretary drawn from Wall Street.

Continued:
https://theintercept.com/2016/03/02/larry-fink-and-his-blackrock-team-poised-to-take-over-hillary-clintons-treasury-department/
Go to Page: 1