Sunday, December 4, 2016
Billionaire Bashing: Media suggest Trump's wealthy picks will screw the rest of us
Kurtz: Press dumps on Trump and his gazillionaires |
Donald Trump’s Cabinet is shaping up to be really, seriously, fabulously rich.
And that’s news.
But is it bad news?
Is it some kind of class-warfare plot by America’s first billionaire president?
Should the media automatically assume that these super-wealthy folks are on a mission to screw the middle class?
We’re starting to see such criticism bubble up from journalists and pundits who are presumably in far lower income brackets than the new Treasury secretary, former Goldman Sachs and hedge fund guy Steve Mnuchin; or the new Commerce secretary, Wilbur Ross (estimated wealth $2.5 billion), or the new Education secretary, Betsy DeVos, whose family co-founded Amway (estimated family wealth $5.1 billion).
Now it’s perfectly fair to look at their records, including past controversies in the business world. And it’s equally fair to say that Trump made Goldman Sachs a symbol of a rigged system—remember his focus on Hillary Clinton’s big-money speeches to the investment bank?—and is now tapping more than his share of Goldman people.
But the idea that this will be an administration of the rich, by the rich and for the rich?
Was that true of FDR or JFK, both of whom were born into elite families of great means? Obviously not.
The Washington Post starts out by questioning the team’s lack of government credentials:
“Many of the Trump appointees were born wealthy, attended elite schools and went on to amass even larger fortunes as adults. As a group, they have much more experience funding political candidates than they do running government agencies.”
Then comes the zinger:
“Their collective wealth in many ways defies Trump’s populist campaign promises.”
A University of Virginia faculty member is paraphrased as saying Trump and his lieutenants “won’t be able to draw on the same sort of life struggles that President Obama did, in crafting policy to lift poor and middle-class Americans.”
So rich Americans need not apply, because, in this teacher’s word, they would lack “empathy”?
A political scientist at Duke says that “when you put a bunch of millionaires in charge, you can expect public policy that helps millionaires at the expense of everybody else.” And Democratic Sen. Sherrod Brown, not surprisingly, says Trump will have “a billionaire and millionaire cabinet, with a billionaire agenda… to hurt the middle class.”
So is the reverse true? Was Bill Clinton, because he grew up with modest means in small-town Arkansas, out to soak the rich?
These questions don’t seem to come up in Democratic administrations. Obama’s Commerce secretary, Penny Pritzker, happens to have an estimated net worth of $2.5 billion.
But it’s becoming a hot media issue. Politico on “Trump’s Team of Gazillionaires”:
“Donald Trump campaigned as a champion of the ‘forgotten man’ and won the White House on the strength of his support among the white working class.
“So far, he’s stacking his administration with masters of the universe.”
Liberal columnist Paul Waldman:
“Donald Trump has named Steve Mnuchin — a Goldman Sachs alum and hedge fund manager — to be his secretary of the Treasury, in keeping with his repeated promise to take on Wall Street and the powers-that-be on behalf of the little guy.
“So can we stop pretending that Trump's campaign ‘populism’ was anything other than just one more con?”
For what it’s worth, Mnuchin told CNBC that there will be “no absolute tax cut for the upper class”—meaning any reductions would be offset by cutting deductions—and there will be a “middle-income tax cut.”
Now if the new administration does push a tax cut tilted toward the wealthy, is too cozy with Wall Street and slashes programs for the poor, the press should be all over that.
But right now, some of the coverage seems built on the assumption that anyone who’s rich is mainly interested in raiding the Treasury to help themselves and their well-heeled friends.
Howard Kurtz is a Fox News analyst and the host of "MediaBuzz" (Sundays 11 a.m. and 5 p.m. ET). He is the author of five books and is based in Washington. Follow him at @HowardKurtz. Click here for more information on Howard Kurtz.
And that’s news.
But is it bad news?
Is it some kind of class-warfare plot by America’s first billionaire president?
Should the media automatically assume that these super-wealthy folks are on a mission to screw the middle class?
We’re starting to see such criticism bubble up from journalists and pundits who are presumably in far lower income brackets than the new Treasury secretary, former Goldman Sachs and hedge fund guy Steve Mnuchin; or the new Commerce secretary, Wilbur Ross (estimated wealth $2.5 billion), or the new Education secretary, Betsy DeVos, whose family co-founded Amway (estimated family wealth $5.1 billion).
Now it’s perfectly fair to look at their records, including past controversies in the business world. And it’s equally fair to say that Trump made Goldman Sachs a symbol of a rigged system—remember his focus on Hillary Clinton’s big-money speeches to the investment bank?—and is now tapping more than his share of Goldman people.
But the idea that this will be an administration of the rich, by the rich and for the rich?
Was that true of FDR or JFK, both of whom were born into elite families of great means? Obviously not.
The Washington Post starts out by questioning the team’s lack of government credentials:
“Many of the Trump appointees were born wealthy, attended elite schools and went on to amass even larger fortunes as adults. As a group, they have much more experience funding political candidates than they do running government agencies.”
Then comes the zinger:
“Their collective wealth in many ways defies Trump’s populist campaign promises.”
A University of Virginia faculty member is paraphrased as saying Trump and his lieutenants “won’t be able to draw on the same sort of life struggles that President Obama did, in crafting policy to lift poor and middle-class Americans.”
So rich Americans need not apply, because, in this teacher’s word, they would lack “empathy”?
A political scientist at Duke says that “when you put a bunch of millionaires in charge, you can expect public policy that helps millionaires at the expense of everybody else.” And Democratic Sen. Sherrod Brown, not surprisingly, says Trump will have “a billionaire and millionaire cabinet, with a billionaire agenda… to hurt the middle class.”
So is the reverse true? Was Bill Clinton, because he grew up with modest means in small-town Arkansas, out to soak the rich?
These questions don’t seem to come up in Democratic administrations. Obama’s Commerce secretary, Penny Pritzker, happens to have an estimated net worth of $2.5 billion.
But it’s becoming a hot media issue. Politico on “Trump’s Team of Gazillionaires”:
“Donald Trump campaigned as a champion of the ‘forgotten man’ and won the White House on the strength of his support among the white working class.
“So far, he’s stacking his administration with masters of the universe.”
Liberal columnist Paul Waldman:
“Donald Trump has named Steve Mnuchin — a Goldman Sachs alum and hedge fund manager — to be his secretary of the Treasury, in keeping with his repeated promise to take on Wall Street and the powers-that-be on behalf of the little guy.
“So can we stop pretending that Trump's campaign ‘populism’ was anything other than just one more con?”
For what it’s worth, Mnuchin told CNBC that there will be “no absolute tax cut for the upper class”—meaning any reductions would be offset by cutting deductions—and there will be a “middle-income tax cut.”
Now if the new administration does push a tax cut tilted toward the wealthy, is too cozy with Wall Street and slashes programs for the poor, the press should be all over that.
But right now, some of the coverage seems built on the assumption that anyone who’s rich is mainly interested in raiding the Treasury to help themselves and their well-heeled friends.
Howard Kurtz is a Fox News analyst and the host of "MediaBuzz" (Sundays 11 a.m. and 5 p.m. ET). He is the author of five books and is based in Washington. Follow him at @HowardKurtz. Click here for more information on Howard Kurtz.
Defense Secretary Ash Carter says US, partners need to stay in Iraq after ISIS defeat
Defense Secretary Ash Carter on strategy to defeat ISIS |
Carter said the U.S. and its coalition partners must not stop after completing the current campaign to expel ISIS from Iraq's second largest city of Mosul.
He said the militants are on a path to lasting defeat.
"But there will still be much more to do after that to make sure that, once defeated, ISIL stays defeated," he said, using an alternative acronym for ISIS. "We'll need to continue to counter foreign fighters trying to escape and ISIL's attempts to relocate or reinvent itself. To do so, not only the United States but our coalition must endure and remain engaged militarily."
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Carter did not say how long this continued U.S. military presence might be necessary or how many troops would be required. At any rate, those decisions are likely to fall to the Trump administration after it takes office in January.
While describing recent Pentagon actions to put a stranglehold on ISIS worldwide, Carter said the Obama administration has directed the secretive Joint Special Operations Command to prioritize destroying the militant group's ability to conduct attacks in the West.
Carter said that in his final weeks in office, he is focused on ensuring a smooth transition to his successor.
Earlier this week, President-elect Donald Trump announced that he intends to nominate retired Marine Gen. James Mattis to be his defense secretary.
Carter congratulated Mattis on Saturday, who is a former commander of U.S. Central Command overseeing the wars in Iraq and Afghanistan.
"I've worked with Jim for many years, he's a friend, and I hold him in the highest regard," Carter said. He made no mention of the aspect of the Mattis selection that has drawn the most attention: the fact that his nomination will require legislation by Congress to exempt Mattis from a legal prohibition on a retired military officer serving as secretary of defense before he has been out of uniform for a minimum of seven years. Mattis retired in 2013.
Carter made his remarks at the Reagan National Defense Forum at the Ronald Reagan Presidential Library and Museum.
Trump speaks with Taiwan's president, risking China tensions
NEW YORK – In a break with decadeslong diplomatic tradition, President-elect Donald Trump spoke directly with the president of Taiwan, a move that drew an irritated response from China and looked set to cast uncertainty over U.S. policy toward Asia.
It is perhaps unprecedented for a U.S. president or president-elect to speak directly with a leader of Taiwan, a self-governing island the U.S. broke diplomatic ties with in 1979.
In first comments apparently meant to downplay the significance of the call, Chinese Foreign Minister Wang Yi said Saturday that the contact between Taiwan's president and Trump was "just a small trick by Taiwan" that he believed would not change U.S. policy toward China, according to Hong Kong's Phoenix TV.
"The one-China policy is the cornerstone of the healthy development of China-U.S. relations and we hope this political foundation will not be interfered with or damaged," Wang was quoted as saying.
Washington has pursued a so-called "one China" policy since 1979, when it shifted diplomatic recognition of China from the government in Taiwan to the communist government on the mainland. Under that policy, the U.S. recognizes Beijing as representing China but retains unofficial ties with Taiwan.
Trump tweeted later that Tsai "CALLED ME." He also groused about the reaction to the call: "Interesting how the U.S. sells Taiwan billions of dollars of military equipment but I should not accept a congratulatory call."
The Taiwanese presidential office said Trump and Tsai discussed issues affecting Asia and the future of U.S. relations with Taiwan.
"The (Taiwanese) president is looking forward to strengthening bilateral interactions and contacts as well as setting up closer cooperative relations," the statement said.
Tsai also told Trump that she hoped the U.S. would support Taiwan in its participation in international affairs, the office said, in an apparent reference to China's efforts to isolate Taiwan from global institutions such as the United Nations.
It said the two also discussed "promoting domestic economic development and strengthening national defense" to improve the lives of ordinary people.
Taiwan's presidential office spokesman Alex Huang said separately that Taiwan's relations with China and "healthy" Taiwan-U.S. relations can proceed in parallel. "There is no conflict (in that)," he told reporters in Taipei.
The White House learned of the conversation after it had taken place, said a senior Obama administration official, who requested anonymity because of the sensitive diplomatic relations involved.
China's embassy in Washington and its foreign ministry and Taiwan Affairs Office in Beijing did not respond to requests for comment.
"President-elect Trump is just shooting from the hip, trying to take phone calls of congratulatory messages from leaders around the world without consideration for the implications," said Bonnie Glaser, senior adviser for Asia at the Center for Strategic and International Studies in Washington.
Glaser said such a call was "completely unprecedented" or at least has never been known publicly. China is likely to be trying to identify whether this signals any intent on the part of Trump to alter long-standing U.S. policy toward Taiwan, Glaser said.
"They will hope that this is a misstep, but I think privately, they will definitely seek to educate this incoming president and ensure that he understands the sensitivity of Taiwan," she said.
In particular, China would want to highlight to the incoming administration the risks involved in any form of signal from the United States that it supports strengthening a relationship with Taiwan under a president that Beijing views as pro-independence, Glaser added.
Last month, Trump had a call with Chinese President Xi Jinping during which Trump's office described him as saying he believed the two would have "one of the strongest relationships for both countries."
Despite China's muted response Saturday, concern about Trump's policy toward China is growing, said Shi Yinhong of Renmin University in Beijing, one of China's best-known international relations scholars.
"In the mind of Chinese leaders, concerns are mounting about U.S. policy toward China" under Trump's administration, Shi said.
Tsai was elected in January and took office in May. The traditional independence-leaning policies of her party have strained relations with Beijing.
The call with Trump could "convince people in Taiwan that the island can establish good relations with the U.S. and encourage (Tsai) to continue to resist pressure from Beijing," Shi said.
Over the decades, the status of Taiwan has been one of the most sensitive issues in U.S.-China relations. China regards Taiwan as part of its territory to be retaken by force, if necessary, if it seeks independence. It would regard any recognition of a Taiwanese leader as a head of state as unacceptable.
Taiwan split from the Chinese mainland amid civil war in 1949. The U.S. policy acknowledges the Chinese view over sovereignty, but considers Taiwan's status as unsettled. The U.S. has legal commitments to help Taiwan maintain the ability to defend itself.
Taiwan's official Central News Agency said Edwin Feulner, former president of the Heritage Foundation, a Washington-based conservative think tank, was a "crucial figure" in setting up communication channels between the sides, leading to the call. Feulner could not immediately be reached to comment on the report, which cited anonymous sources.
Feulner had met with Tsai in October when he led a delegation from the think tank on a trip to Taiwan, according to a release at the time from Taiwan's presidential office. That release says Tsai called Feulner a "longtime friend to Taiwan" and conveyed her gratitude to his foundation for its support.
Ned Price, a spokesman for the White House National Security Council, said Trump's conversation does not signal any change to long-standing U.S. policy on cross-strait issues.
In Beijing, a U.S. business group said it expected the new U.S. administration to respect the status quo.
"American business operating in Asia needs certainty and stability," said James Zimmerman, chairman of the American Chamber of Commerce in China. "The new administration needs to get up to speed quickly on the historical tensions and complex dynamics of the region."
Green Party switches strategy in Pennsylvania recount
Hours after a Green Party-backed campaign dropped its case in state courts they announce a change to their strategy to force a statewide recount of Pennsylvania's Nov. 8 presidential election, won by Republican Donald Trump, and said late Saturday night that it will seek help in the federal courts, rather than the state courts.
The campaign announced that it would seek an emergency federal court order on Monday for a recount.
Jonathan Abady |
"Make no mistake — the Stein campaign will continue to fight for a statewide recount in Pennsylvania," recount campaign lawyer Jonathan Abady said in a statement issued a little before midnight. "We are committed to this fight to protect the civil and voting rights of all Americans."
Abady said barriers to a recount in Pennsylvania are pervasive and the state court system is ill-equipped to address the problem.
Green Party presidential candidate Jill Stein, raised over $6.9 million to fund recount efforts in Wisconsin, Michigan and Pennsylvania. Stein framed the issue as an effort to explore whether voting machines and systems had been hacked and the election result manipulated. Despite Stein's lawyers having offered no evidence of hacking in Pennsylvania's election.
The state Republican Party and Trump asked for a dismissal in the state court case.
The Wisconsin recount began on Thursday, while a potential recount could begin in Michigan next week.
No Republican presidential candidate had captured Pennsylvania since 1988.
Stein announced Pennsylvania's recount purpose was to ensure "our votes are safe and secure."
They have unsuccessfully sought to get various counties to allow a forensic examination of their election system software.
Trump’s lawyers and the state Republican Party claimed there was no evidence or allegations that tampering occurred with Pennsylvania's voting systems. Pennsylvania law does not allow a court-ordered recount, they argued, and a lawyer for the Green Party had acknowledged that the effort was without precedent in Pennsylvania.
Republican lawyers also argued that the case has threatened the state’s ability to certify its presidential electors by the December 13 federal deadline.
On Saturday, a GOP lawyer, Lawrence Tabas, said the case had been meant "solely for purposes to delay the Electoral College vote in Pennsylvania for President-Elect Trump."
The state's top elections official, Secretary of State Pedro Cortes, a Democrat, has said there was no evidence of any sort of cyberattacks or irregularities in the election. Cortes predicted that a recount would change few votes.
As of Friday, Trump's margin of victory in Pennsylvania was 49,000, or less than 1 percent, out of 6 million votes cast, according to state election officials. State and county officials did not expect any outstanding uncounted votes to change the outcome of the presidential election in Pennsylvania.
Pennsylvania's automatic statewide recount trigger is 0.5 percent. Stein drew less than 1 percent of the votes cast.
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