Have you ever wondered why the Republicans had 18 people running for President?
Have you ever wondered about the real reason Donald Trump is running for President?
In May, Republican Senator, Lindsey Graham said, “I’m thinking about running for president. You get a house and a car and a plane. It’s a pretty good gig.”
Indeed it is a pretty good gig, as Rick Santorum, Herman Cain, Michele Bachman, Sarah Palin, Mike Huckabee and others can testify. Those are some of the political celebrities whose means of support comes mostly from running for President and/or having run for President.
For instance, Rick Santorum: This is the Evolution denier who, in the November 7, 2006, election, lost by more than 700,000 votes, yet runs for President every term. Seemingly, running for President, and the fame he receives, are the basis for his primary income sources.
But Santorum, Cain et al are mere pikers compared with Donald Trump.
Here is what the Washington Post had to say:
“Of the $63 million his campaign spent through May, more than $6 million — close to 10% — went to Trump properties or to reimburse Trump or his family for expenses.”
How did he do that? Ask Rachel Madow, who on her show gave viewers these statistics about where Trump’s contributor’s money went:
- Trump International Golf Club: $29715
- Trump National Golf Club: $35,845
- Mar-a-Lago Club: $423,000 (Trump rented his own private home. It’s where he lives in the winter. And the $423,000 was for May only.)
- Trump Tower (NY): $520,000 (Trump rented his own apartment in New York. It’s where he lives in the summer.)
- Trump’s own private jet: $4.6 MILLION (Trump rented his own private jet)
- Trump National Doral: $26,000
- Trump Hotel, Chicago: $11,000
- Trump Plaza: $99,000
- Trump Post Office/Hotel: $5,000 (Don’t ask me what this is)
- Trump SOHO: $5,000 (Huh?)
- Trump Winery: $5,000 (It’s owned by his son-in-law. I don’t want to draw inferences, but three expenses, each for $5,000??)
- Trump Restaurants: $125,080
- And there are expenses for Trump Grill, Trump Ice (wha??), Trump Cafe
My gosh, does this guy have any personal expenses? Contributors have taken care of his summer home and his winter apartment and much of his food and transportation. What’s left?
And then there are Trump’s books, which he likes to hawk during is paid-for speeches. Nice personal income, there.
Yes, running for President is a “pretty good gig,” especially for a self-proclaimed billionaire, who wants to deport immigrants, who in total, probably don’t have his income or wealth.
But, undoubtedly, Trump will offer his followers some very wonderful reasons why all that money needs to go to him, and his followers will believe, because as we all know, Trump is a very truthful man:
TRUMP’S CLAIM: Hillary Clinton “is a world class liar”
The facts: According to PolitiFact, 59% of Trump’s checked claims have been deemed false or “Pants on Fire” false, versus 12% for Clinton.
Mostly True: 7%
Half True: 15%
Mostly False: 17%
Pants on Fire: 19%
Mostly True: 28%
Half True: 21%
Mostly False: 15%
Pants on Fire: 1%
If Hillary is a “world class liar” what does that make Donald?
Let me count the ways: Liar, greedy, bigot, con man, fear monger, narcissist, mean-spirited, ignorant about foreign affairs, ignorant about economics, ignorant about science, inexperienced.
Does that pretty much cover it?
Be sure to contribute your hard earned dollars to this rich man’s campaign. He needs your help, so he can continue to enjoy his “pretty good gig.”
Rodger Malcolm Mitchell
Ten Steps to Prosperity:
1. ELIMINATE FICA (Ten Reasons to Eliminate FICA )
Although the article lists 10 reasons to eliminate FICA, there are two fundamental reasons:
*FICA is the most regressive tax in American history, widening the Gap by punishing the low and middle-income groups, while leaving the rich untouched, and
*The federal government, being Monetarily Sovereign, neither needs nor uses FICA to support Social Security and Medicare.
2. FEDERALLY FUNDED MEDICARE — PARTS A, B & D, PLUS LONG TERM CARE — FOR EVERYONE (H.R. 676, Medicare for All )
This article addresses the questions:
*Does the economy benefit when the rich afford better health care than the rest of Americans?
*Aside from improved health care, what are the other economic effects of “Medicare for everyone?”
*How much would it cost taxpayers?
*Who opposes it?”
3. PROVIDE AN ECONOMIC BONUS TO EVERY MAN, WOMAN AND CHILD IN AMERICA, AND/OR EVERY STATE, A PER CAPITA ECONOMIC BONUS (The JG (Jobs Guarantee) vs the GI (Guaranteed Income) vs the EB) Or institute a reverse income tax.
This article is the fifth in a series about direct financial assistance to Americans:
Why Modern Monetary Theory’s Employer of Last Resort is a bad idea. Sunday, Jan 1 2012
MMT’s Job Guarantee (JG) — “Another crazy, rightwing, Austrian nutjob?” Thursday, Jan 12 2012
Why Modern Monetary Theory’s Jobs Guarantee is like the EU’s euro: A beloved solution to the wrong problem. Tuesday, May 29 2012
“You can’t fire me. I’m on JG” Saturday, Jun 2 2012
Economic growth should include the “bottom” 99.9%, not just the .1%, the only question being, how best to accomplish that. Modern Monetary Theory (MMT) favors giving everyone a job. Monetary Sovereignty (MS) favors giving everyone money. The five articles describe the pros and cons of each approach.
4. FREE EDUCATION (INCLUDING POST-GRAD) FOR EVERYONEFive reasons why we should eliminate school loans
Monetarily non-sovereign State and local governments, despite their limited finances, support grades K-12. That level of education may have been sufficient for a largely agrarian economy, but not for our currently more technical economy that demands greater numbers of highly educated workers.
Because state and local funding is so limited, grades K-12 receive short shrift, especially those schools whose populations come from the lowest economic groups. And college is too costly for most families.
An educated populace benefits a nation, and benefiting the nation is the purpose of the federal government, which has the unlimited ability to pay for K-16 and beyond.
5. SALARY FOR ATTENDING SCHOOL
Even were schooling to be completely free, many young people cannot attend, because they and their families cannot afford to support non-workers. In a foundering boat, everyone needs to bail, and no one can take time off for study.
If a young person’s “job” is to learn and be productive, he/she should be paid to do that job, especially since that job is one of America’s most important.
6. ELIMINATE CORPORATE TAXES
Corporations themselves exist only as legalities. They don’t pay taxes or pay for anything else. They are dollar-tranferring machines. They transfer dollars from customers to employees, suppliers, shareholders and the government (the later having no use for those dollars).
Any tax on corporations reduces the amount going to employees, suppliers and shareholders, which diminishes the economy. Ultimately, all corporate taxes come around and reappear as deductions from your personal income.
7. INCREASE THE STANDARD INCOME TAX DEDUCTION, ANNUALLY. (Refer to this.) Federal taxes punish taxpayers and harm the economy. The federal government has no need for those punishing and harmful tax dollars. There are several ways to reduce taxes, and we should evaluate and choose the most progressive approaches.
Cutting FICA and corporate taxes would be an good early step, as both dramatically affect the 99%. Annual increases in the standard income tax deduction, and a reverse income tax also would provide benefits from the bottom up. Both would narrow the Gap.
8. TAX THE VERY RICH (THE “.1%) MORE, WITH HIGHER PROGRESSIVE TAX RATES ON ALL FORMS OF INCOME. (TROPHIC CASCADE)
There was a time when I argued against increasing anyone’s federal taxes. After all, the federal government has no need for tax dollars, and all taxes reduce Gross Domestic Product, thereby negatively affecting the entire economy, including the 99.9%.
But I have come to realize that narrowing the Gap requires trimming the top. It simply would not be possible to provide the 99.9% with enough benefits to narrow the Gap in any meaningful way. Bill Gates reportedly owns $70 billion. To get to that level, he must have been earning $10 billion a year. Pick any acceptable Gap (1000 to 1?), and the lowest paid American would have to receive $10 million a year. Unreasonable.
9. FEDERAL OWNERSHIP OF ALL BANKS (Click The end of private banking and How should America decide “who-gets-money”?)
Banks have created all the dollars that exist. Even dollars created at the direction of the federal government, actually come into being when banks increase the numbers in checking accounts. This gives the banks enormous financial power, and as we all know, power corrupts — especially when multiplied by a profit motive.
Although the federal government also is powerful and corrupted, it does not suffer from a profit motive, the world’s most corrupting influence.
10. INCREASE FEDERAL SPENDING ON THE MYRIAD INITIATIVES THAT BENEFIT AMERICA’S 99.9% (Federal agencies)Browse the agencies. See how many agencies benefit the lower- and middle-income/wealth/ power groups, by adding dollars to the economy and/or by actions more beneficial to the 99.9% than to the .1%.
Save this reference as your primer to current economics. Sadly, much of the material is not being taught in American schools, which is all the more reason for you to use it.
The Ten Steps will grow the economy, and narrow the income/wealth/power Gap between the rich and you.