The horizon is not so far as we can see, but as far as we can imagine

Category: Uncategorized Page 9 of 105

Week-end Wrap – Political Economy – May 11, 2025

by Tony Wikrent

 

Strategic Political Economy

Congressman Casten: Trump’s Assault on the Rule of Law Is Causing Capital Flight Out of U.S. by Foreign Investors

Pam Martens and Russ Martens, May 5, 2025 [Wall Street on Parade]

Last Wednesday, Congressman Sean Casten, Democrat of Illinois, stated the following in an open meeting of the House Financial Services Committee:

“For the first time in my memory, foreign investors are not only fleeing U.S. equities but are fleeing U.S. Treasuries. I met with banks last week – banks under our jurisdiction – who said that the international community is putting a risk premium on investments in the United States because of regulatory risk and because they question whether the rule of law that they depend on to execute contracts in the United States will be executed as it will be in European markets where that capital is running to.

“So, if you need to tell yourself before you go to bed that you’re a deficit buster, fine, but just acknowledge you’re lying. This is not about deficit busting. This is about making rich people richer, and that’s it.”

 

Has Asia just taken a step away from the US dollar?

Alice Li, 7 May 2025 [South China Morning Post]

Asia’s largest economies have broken new ground by approving an emergency financing tool using the yuan and other local currencies

Open Thread

Use to discuss topics unrelated to recent posts.

Week-end Wrap – Political Economy – May 4, 2025

Week-end Wrap – Political Economy – May 4, 2025

by Tony Wikrent

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

 

‘We’re Not Stopping’: Trump Border Czar Vows to Ignore Judges

[The Daily Beast, via MSN 03-18-2025]

 

Judges Who Rule Against Trump Become Target of New MAGA War

Malcolm Ferguson, May 2, 2025 [The New Republic]

At least 11 federal judges and their families have been threatened and harassed since they ruled against President Trump on issues of deportations, federal funding, and his war on “wokeness.”

The judges, under anonymity, told Reuters that they had received multiple intimidating calls and emails to their homes and offices. Some have been subject to the disturbing “pizza box” method, in which antagonists will anonymously send a pizza to the home of a judge or their relatives just to show that they know where they live.

This is only compounded by the countless attacks and doxxing attempts that people like Laura Loomer and Elon Musk have made on X. When U.S. District Judge James Boasberg ruled against Trump’s illegal deportation of 137 men under the Alien Enemies Act in March, Loomer and Musk shared photos of his daughter, while their army of keyboard warriors called for the execution or arrest of Boasberg and the rest of his family. Loomer did the same to Judge John McConnell after he blocked Trump from freezing education grants, posting a picture of his daughter who had worked for the Education Department. Loomer’s post conveniently omitted that McConnell’s daughter left the department before Trump was even inaugurated….

 

You Already Knew He’s The WORST President Ever— Did You Also Know He’s The Most Blatantly Corrupt?

Howie Klein, April 26, 2025 [downwithtyranny.com]

…On Thursday, Drew Harwell and Jeremy Merrill reported that shady characters have poured tens of millions of dollars into Trump’s meme coin since he advertised on Wednesday that top purchasers could join him for an “intimate private dinner” next month. “The holders of 27 crypto wallets have each acquired more than 100,000 $TRUMP coins, stakes worth about a million dollars each, since noon on Wednesday, when the team announced that the 220 top coin holders would be rewarded with a ‘night to remember’ on May 22 at the president’s Trump National Golf Club outside Washington. Crypto wallets are generally anonymous, making it challenging to identify who the purchasers were.”

They also advertised something so blatantly illegal that they partially removed it, no doubt at the insistence of White House lawyers: an offer of a tour of the White House for the 25 top $TRUMP coins purchasers. Now they’re just offering a tour but with no indication of what. This idea of offering direct presidential access to those who pay into a project benefiting the Trump personal bottom line would be enough to get him impeached if House Republicans weren’t so wedded to enabling his criminality. Not one House Republican has spoken out about this.
Harwell and Merrill wrote that “the biggest buyer acquired 2 million coins worth about $24 million.” That’s a substantial bribe, especially coming from a criminal in China who desperately needs a pardon from Trump. “Taken together, the 27 wallets acquired more than 8 million $TRUMP coins, worth about $100 million as of Thursday afternoon…

Howie Klein, May 2, 2025 [downwithtyranny.com]

Robert Weissman, co-president of Public Citizen, was even stronger on the same particular crime: “Never before in American history have foreign governments, as well as people and corporations under investigation, so overtly and directly funneled vast sums to the president of the United States and his family. This is far more than is captured by the term ‘conflict of interest.’ It is foreign policy for sale and justice for sale. And, as one of the executives in the deal said, ‘it is only the beginning.’ With a president who has no regard for the basic norms of propriety, ethics, the law or the U.S. Constitution, the question is: Will the U.S. Congress permit this mockery of the American people? Or will it insist on the most minimal baseline standards, so that foreign governments cannot send money directly to the president and his family?”

How Trump Accidentally Sabotaged His Own Case Against Abrego Garcia

Greg Sargent, May 3, 2025 [The New Republic]

He has now said it right out in the open—not once but twice. In two major interviews, President Donald Trump openly declared that he has the power to bring the wrongfully deported Kilmar Abrego Garcia back to the United States. And on both occasions, Trump said straight out that he is not doing so because administration lawyers have told him he doesn’t have to—or that he shouldn’t.

This has been widely seen as an admission that Trump is defying the Supreme Court, which has directed the administration to “facilitate” Abrego Garcia’s return. Yes, it is that. But these two moments are also their own story. They offer a unique glimpse into the deep rot of bad faith infesting Trump and Stephen Miller’s broader project to expand the president’s removal powers into something extraordinarily vast and entirely unaccountable….

 

Public Records Wreckers: The consequences of gutting FOIA offices are both obvious and unknowable.

Will Royce, Andrea Beaty, May 1, 2025 [The American Prospect]

Ten months ago, Roman Jankowski sent dozens of Freedom of Information Act (FOIA) requests to the Department of Homeland Security (DHS), among other agencies. He was one-third of a three-man fishing expedition spearheaded by the Heritage Foundation and the Daily Caller to dig up dirt on civil servants, particularly if they were the type to use phrases like “climate equity” or “voting.” ….

Today, Jankowski oversees FOIA compliance for DHS as its chief FOIA officer. His agency receives more public records requests than any other by a wide margin. And instead of gumming up FOIA administration from the outside, Jankowski now works for an administration that is attacking FOIA by firing many of the federal employees who respond to those requests, precisely what his records requests sought to facilitate….

While the administration staunchly refuses to be “maximally transparent,” groups like Citizens for Responsibility and Ethics in Washington (CREW) are trying to get answers. CREW is currently suing the Trump administration for refusing to comply with its FOIA requests on DOGE’s activities. To prop up their argument that DOGE and Musk aren’t subject to the Freedom of Information Act, the administration has claimed that Musk doesn’t work for DOGE—despite Trump’s personal posts and a basic comprehension of daily news contradicting that idea—and that the roughly 100 operatives under Musk’s direction are not acting independently from the office of the president.

 

The Democracy Index

Joyce Vance, Joshua Kolb, Lily Conway, and Bri Murphy, May 02, 2025

This week, the Trump DOJ was dealt two significant blows by two Republican-appointed district court judges. On Thursday in Texas, Trump-appointee Fernando Rodriguez, Jr., ruled that the Trump Administration’s invocation of the Alien Enemies Act—a 1798 law that allows the government to detain and deport noncitizens from the country during wartime—was improper and unlawful. Rodriguez, Jr., ruled that Trump’s proclamation “exceeds the scope of the statute and is contrary to the plain, ordinary meaning of the statute’s terms.”

Earlier in the week, Judge Royce Lamberth of the District of Columbia, who was appointed to the bench by Ronald Reagan, lambasted the Trump Administration, preventing Radio Free Europe/Radio Liberty from being decimated and ruling that “It is hard to fathom a more straightforward display of arbitrary and capricious actions than the Defendants’ actions here.” Lamberth then took an extraordinary step back from the particulars of the case to strongly defend the independence of the judiciary in our constitutional system, writing: “By enjoining the defendants’ efforts to dismantle the plaintiff networks, actions which I perceive to be contrary to the law, I am humbly fulfilling my small part in this very constitutional paradigm—a framework that has propelled the U.S. to heights of greatness, liberty and prosperity unparalleled in the history of the world for nearly 250 years. If our nation is to thrive for another 250 years, each co-equal branch of government must be willing to courageously exert the authority entrusted to it by our Founders.”

Beyond the judiciary, institutions that bent the knee to Trump faced setbacks while those that held resolutely against intimidation were rewarded. Notably, Microsoft, one of the largest companies in the world, dropped the law firm Simpson Thacher—among the shops that caved and made a deal with the Trump White House—and signed up Jenner Block, one of the three law firms that challenged Trump’s Executive Order in court. The cowardly firms that acquiesced cited, as their prime justification, their obligation to their clients to maintain good relations with the government. That was always a false choice, but it was also foolhardy in the long run—after all, what client wants a lawyer who will be intimidated by its bad-faith adversary?

That is indeed courageous, a fact that can be quantified. In the law firms’ litigation against the Trump Administration, hundreds of firms banded together to sign an amicus brief defending their colleagues and decrying the president’s Executive Order. The first amicus brief a couple weeks ago, supporting Perkins Coie’s lawsuit, secured about five hundred firms; this week, another amicus brief in the Jenner Block suit garnered around eight hundred signatories.

 

Men DOGEbags at Work

‘There’s Never Been a More Blatant Corporate Incursion Into the Public Sector Than DOGE’ 

[FAIR, via Naked Capitalism 05-02-2025]

Jeff Hauser is the executive director of the Revolving Door Project:

“We, in general, track corporate influence in politics, with a particular focus on the executive branch. And there has never been a more blatant corporate incursion into the public sector than DOGE, which reflects the privatization of our domestic policy, and increasingly our foreign policy as well, by people who are not even bothering to give up any of their private sector ties, and actually join the government for a few years—which we’re not fans of; we believe in career civil servants. But these people aren’t even doing that much. They’re just continuing to run, say, Tesla and SpaceX while running large swaths of the government, and never having been put before the Senate for nomination.”

Open Thread

Use to discuss topics unrelated to recent posts.

Week-end Wrap – Political Economy – April 27, 2025

by Tony Wikrent

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

 

‘We’re Not Stopping’: Trump Border Czar Vows to Ignore Judges

[The Daily Beast, via MSN 03-18-2025]

 

Prepared to Return Abrego Garcia—Until Trump Intervened

Malcolm Ferguson, April 25, 2025 [The New Republic]

Some officials in the Trump administration tried to bring back Kilmar Abregoa Garcia just days after he was deported, but the president shut them down.

Since Abrego Garcia was unlawfully deported last month due to an administrative error, the White House has vehemently maintained that it will not try to return him to the United States. But a report in The Atlantic Friday revealed that in the days after Abrego Garcia’s deportation, some officials did in fact try to bring him home.

A lawsuit from Abrego Garcia’s family reportedly “sparked urgent conversations among attorneys at the Departments of State, Justice, and Homeland Security,” and concern about the lack of evidence behind Trump’s claims that Abrego Garcia was part of MS-13, sources told The Atlantic.

The officials floated plans for the father of three’s return and sought ways to protect his safety while he was detained in El Salvador’s notorious megaprison, CECOT. But at the same time, backlash against the administration’s response (or lack thereof) took off, prompting the White House to change course entirely. Abrego Garcia’s case was no longer an “administrative error” but now the justified deportation of a “foreign terrorist” and MS-13 member—an evidenceless story Trump is now using to defend his unlawful deportation efforts as a whole.

“Abrego Garcia’s deportation became far more than just the case of one man; it developed into a measure of whether Donald Trump’s administration can send people—citizens or not—to foreign prisons without due process,” The Atlantic’s Nick Miroff wrote.

 

Trump Makes Alarming Confession on Wrongly Deported Immigrant

Malcolm Ferguson, April 25, 2025 [The New Republic]

Donald Trump is openly admitting his defiance of the Supreme Court on Kilmar Abrego Garcia.

Week-end Wrap – Political Economy – April 20, 2025

by Tony Wikrent

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

 

‘We’re Not Stopping’: Trump Border Czar Vows to Ignore Judges

[The Daily Beast, via MSN 03-18-2025]

 

Trump is Opening The Enemies Briefcase: Congress Paved the Way

Andrew Cockburn, April 19, 2025 [Spoils of War]

We can’t say we weren’t warned. The emergency powers Trump has invoked to impose the largest tariffs in a hundred years, fast track energy and mineral production, and militarize federal lands on portions of the southern border were at least on the public record, authorized by Congress in The National Emergencies Act of 1976. The act permitted a president to unleash 150 statutory powers by declaring a national emergency. Legislators thought they had curbed the possibility of untrameled presidential power by adding the proviso of a “legislative veto” giving Congress the ability to terminate an emergency with a simple majority vote. But in 1983 the supreme court nixed that with a ruling, INS v. Chadha, that declared legislative vetoes unconstitutional. Trump’s first term deployment of the International Emergency Economic Powers Act, passed by Congress in 1975, to build his border wall excited comment and alarm, but no effective action to stop him.

But in March, 2020, Trump cryptically remarked “I have the right to do a lot of things that people don’t even know about.” He was referring to “presidential emergency action documents,” or PEADs, orders that authorize a broad range of mortal assaults on our civil liberties. Kept in a locked safe at the department of justice, these documents, in the words of a rare official description, outline how to “implement extraordinary presidential authority in response to extraordinary situations”

These instruments of dictatorship have not only never been authorized by Congress, they have remained almost totally secret. Elizabeth Goitein, senior director for liberty and security at the Brennan Center, is one of the few to investigate this momentous issue. As she told me when I first covered this topic in Harper’s Magazine, “This really is one of the best-kept secrets in Washington, but though the PEADs are secret from the American public, they’re not secret from the White House and from the executive branch. And the fact that none of them has ever been leaked is really quite extraordinary.”

Thanks to Goitein’s sleuthing, we know that in the past, PEADs have enabled the following: ….

 

American Concentration Camps

Chris Hedges, April 16, 2025

Those who build concentration camps build societies of fear. They issue relentless warnings of mortal danger, whether from immigrants, Muslims, traitors, criminals or terrorists. Fear spreads slowly, like a sulfurous gas, until it infects all social interactions and induces paralysis. It takes time. In the first years of the Third Reich, the Nazis operated ten camps with about 10,000 inmates. But once they managed to crush all competing centers of power — labor unions, political parties, an independent press, universities and the Catholic and Protestant churches — the concentration camp system exploded. By 1939, when World War II broke out, the Nazis were running over 100 concentration camps with some one million inmates. Death camps followed.

Those that create these camps give them wide publicity. They are designed to intimidate. Their brutality is their selling point….

 

‘Open Enemy of the Constitution’: JD Vance Ripped for Defending End of Due Process

Jake Johnson, April 16, 2025 [CommonDreams]

In his post on X, Vance—who has a law degree from Yale University—placed due process in scare quotes and claimed that “what process is due is a function of our resources, the public interest, the status of the accused, the proposed punishment, and so many other factors,” not the U.S. Constitution.

Open Thread

Use to discuss topics unrelated to recent posts.

Week-end Wrap – Political Economy – April 13, 2025

by Tony Wikrent

 

Trump not violating any law

‘He who saves his Country does not violate any Law’

 

‘We’re Not Stopping’: Trump Border Czar Vows to Ignore Judges

[The Daily Beast, via MSN 03-18-2025]

 

Team Trump Is Gaming Out How to Ship U.S. Citizens to El Salvador

Nikki McCann Ramirez, Asawin Suebsaeng, Andrew Perez, April 12, 2025 [Rolling Stone]

Trump said last weekend he would “love” to send American criminals there — and would even be “honored” to, depending on “what the law says.” White House Press Secretary Karoline Leavitt confirmed this week that the president has discussed this idea privately, too, adding he would only do this “if it’s legal.” ….

The Trump administration is indeed discussing this idea behind the scenes, two sources familiar with the matter confirmed to Rolling Stone. In their most serious form, these conversations have revolved around attempting to denaturalize American citizens and deport them to other countries, including El Salvador….

Shortly after stepping back into office, Trump personally directed at least one lawyer working in his administration to look into deporting American citizens via denaturalization processes, telling aides that it is a “good idea” for certain cases, according to one of the sources, who is a Trump appointee. In one of his many Day One executive orders, Trump instructed his administration to move on cases described in a federal statute regarding “revocation of naturalization.”….

Several of Trump’s most important advisers, including White House Deputy Chief of Staff Stephen Miller, continue to internally advocate for mass-denaturalization initiatives that they believe were squandered in Trump’s first stint in the Oval Office.
For instance, the sources add, Trump administration officials have discussed possibly denaturalizing and deporting activists and other individuals whom they label as having committed so-called “fraud” on their applications for citizenship by subsequently supporting what Team Trump decides are “pro-terrorist” causes or groups — similar to the specious arguments they’ve made to justify stripping pro-Palestine student activists of their green cards or visas.
According to these sources, Trump administration attorneys and some senior appointees have also discussed potential legal justifications and technicalities they can exploit for denaturalizing citizens who are accused or convicted of certain crimes, especially if the Justice Department or other offices deems their offenses to be gang-related….
Mike Davis, a close Trump ally and a fixture among the MAGA legal elite, tells Rolling Stone, “I have advocated very publicly that if you are a current Hamas supporter and you were naturalized within the last 10 years, the Justice Department should move forward with denaturalization proceedings to get them the hell out of our country. Denaturalization has been on the books for a very long time. If you lie on your citizenship application, denaturalization is a consequence.”
When asked if there is any precedent in the last several decades for this kind of crackdown effort, he replies: “I hope this is groundbreaking. I hope Trump and his team are trail blazers on this. Hamas supporters can go to hell and in the meantime they need to get the hell out of our country.”

Trump’s Horrifying Removal of Man in “Error” Takes an Even Darker Turn

Greg Sargent, April 12, 2025 [The New Republic]

On Thursday, the Supreme Court issued a simple directive to the U.S. government. Or it would have been simple, anyway, if President Donald Trump weren’t engaged in such rampant lawlessness. The high court said the administration should be prepared to say what steps it has taken to bring back Kilmar Abrego Garcia—the Maryland man whom the government itself admits was deported to a maximum-security prison in El Salvador in “error.”

The government still hasn’t answered that basic question. On Friday, the administration refused to honor a judicial order—delivered by a lower court in response to the Supreme Court’s ruling—to provide a response to it….

All along, the administration has had the option of moving to return Abrego Garcia to the United States and then trying again to deport him via conventional legal processes—which, ironically enough, could result in his removal anyway, in a more lawful manner.

Why hasn’t the government taken that simple step? That question is the bigger, darker one underlying this whole saga….

It’s not hard to guess at the administration’s motives here. Bringing Abrego Garcia back to U.S. soil—and then arguing he should again be removed to El Salvador—is a case the administration might lose. Or if the administration sought to remove him to a third country, that would allow Abrego Garcia to challenge that effort.

Either path would unleash an even bigger media spectacle. It would mean more coverage of Abrego Garcia’s marriage to a U.S. citizen and the couple’s autistic child. It would mean more attention to his longtime ties to a local Maryland community—he’s lived there 14 years, after initially entering illegally in 2011—even as the administration redoubled removal efforts.

It would also mean more pressure on the administration to present actual evidence of the claim that he’s a gang member. Vice President JD Vance and White House press secretary Karoline Leavitt have worked themselves up into paroxysms of phony outrage in making this charge. Why don’t they want it reexamined within lawful channels?

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