for the most part I agree; Obama did sunset some of the bush W trickle down economics which is code for more money to the rich and that did help some; the molester has promised more of the same with tax cuts to the rich; I'd like to see it go back to the 70s where capital gains were taxed at 40%

Looking back on Pie's take on the Brexit vote may be helpful in light of Trump's. There's good discussion there on how the working class has been getting fucked over by years of trickle-down Reaganomics, corporatism, and austerity have played into the UK's vote on Brexit.

The same groups in the US have chosen Trump over Clinton's faux-left elitism.

*related=http://videosift.com/video/Jonathan-Pie-on-Brexit

By contrast, Keith Oberman lists reasons to be outraged by Trump,

http://videosift.com/video/176-Shocking-Things-Donald-Trump-Has-Done-This-Election

which plays well into CGP Grey's theory on memes and anger:

http://videosift.com/video/This-Video-Will-Make-You-Angry-CGP-Grey

Asshole Trump may be, but Maher doesn't quite get to the nugget of why the asshole is so popular.

He starts to scratch the surface a bit by addressing the failures in the education system, but he doesn't quite go far enough.

(Before I go further and people start arguing with me, let me be clear: I. Do. Not. Like. Trump. Okay? Okay. Lets continue.)

In spite of his many flaws, Trump is doing a few things right in his campaign: He is addressing many of the problems that a large number of Americans are being pressured by. His solutions range from dumb to crazy, but the problems he talks about, economic pressures, stagnant wages, vanishing middle class inability to 'get ahead,' etc. are real. This socio-economic group people who have been increasingly left behind since the late 70’s/early 80’s the adoption of trickle-down economics.

For this group of people, in spite of all the other ridiculous stuff Trump says, blaming problems on “those people,” and other crap—-and as flawed as his is, at least he’s addressing some of their troubles.

..

I'm sure Maher is smart enough to recognize that income and wealth inequality has played a roll in Trump's rise in popularity. I guess he didn't have time to talk about that in this short clip...

@newtboy: Trumps appeal to the LCD is successful mostly because the LCD has been allowed to grow so much in our post-Regan society. With inequality on the rise and decades of trickle-down government-by-the-wealthy-for-the-wealthy, those "left behind" have been growing faster and faster every year.

It Trump fails to win this go around then the pendulum may keep swinging further. My concern is that the next 'protest' candidate will be even worse than he.

@ChaosEngine:

We'll have to agree to disagree about some things. For me, as bad as Trump is, I'm not convinced that he is worse than what Hillary was revealted to be by the DNC Leaks...

...but perhaps instead of arguing about which shit sandwich is worse, it is more productive to work together to find out why there are only shit sandwiches on the menu?

On this:

"But things will never change until you fix your broken political system. You're barely a democracy these days."

I am in complete agreement.

When I first heard of the Brexit vote, I thought it was some nasty xenophobic/racist group that had somehow managed to capture 51% of a nation. But could Britian really be that full of xenophobes? It was in a bit of casual research on the subject when I discovered that J. Pie video I referenced in my earlier comment. I had to revise my first assumption about the group that voted to leave the E.U.. While there may have been an element of xenophobia involved, it was economic factors that was the driving force behind the Brexit vote.

People who have been screwed over by years of government for corporations which has only worsened since Glass–Steagall was repealed by Bill Clinton. The hold the wealthy have on government was tightened after Citizen's United.

Much of the support Trump has been able to marshal is a reaction to years of governance-for-the-wealthy-by-the-wealthy.

Lawrence Lessig's does a better job unpacking this quagmire in his talk: "We The People: the Republic We Must Reclaim" which has far too few views on YT or votes on the sift, IMO. For anyone who's ever been unhappy with the political system in the past number of years, I consider it a must-watch.


Link here:

http://videosift.com/video/lawrence-lessig-2016-will-have-two-elections-TED-talk

I know it's Colbert's shtick and I never really got into it, but still...

"I have friends who live and work in London. They said "don't worry,we're very sensible people."

What's sensible for people in London might not be sensible for people in Salford. Or Boston. Or Wolverhampton. London, or the South-East in general, is as representative of the UK as the East/West Coast is of the US.

The hinterland has been drained at the expense of the center, on both a global and a national scale. If you live and work in the City of London, things might look quite ok, and whatever issues there are only need some reforms to no longer be an issue. But if your factory, the factory that provided jobs for the people in your home town, closed down ten, twenty years ago and now the best you can get is zero-hour contracts, then no, things are not ok.

People up top keep telling you that the economy is growing, that everyone's gonna be better off, that it's ok for multinational corporations and rich individuals to optimise their taxes, while they cut your welfare. Banks get a bailout, you get to pay the bedroom tax.

So no, your sensible friends, if they exist, live in a different universe than many of their countrymen. That's the disconnect we've been talking about.

-----
"The British economy is tanking. The pound has plunged to its lowest level since 1985... The Dow lost 611 points."

Again, so what? If the economy is growing and it has no effect on you, why should you give a jar of cold piss about the value of the pound or the stock exchange? Arguably, a drop in the exchange rate of the pound makes it easier for you to export your goods and raises the prices for imports, thereby encouraging you to produce the shit yourself. The UK does have a sovereign currency, unlike the Spanish, the Greeks, the Portuguese or the Italians who have to suffer internal devaluations, because Wolfgang Schäuble says so.

"Equity losses over $2 trillion"

Why should that matter? QE has pushed up stock prices beyond any resonable level, so what meaning do these book values hold? Not to mention that a lot of people made a shitload of money by shorting these stocks, including George Soros against Deutsche.

"There'll be no more money"

QE never trickled down anyway, makes no difference. Corbyn's people call their version "QE for the People" and "Green QE" for a reason: the previous version was only meant to prop up banks and stock values.

--------------

On a more general note, the hatred, the racism, the xenophobia... in most cases, it's a pressure valve. You leash out against someone else, you need someone to blame. The narrative is that we're living in a meritocracy, which makes it your fault that you didn't inherit an investment portfolio. So you start blaming yourself. You're a fuck-up. You worked hard and not only didn't climb the ladder, you actually went down. There's depression for ya. Guess what happens if someone, a person of perceived authority, then comes along and tells you it's not your fault, it's the fault of the immigrants. That narrative is very appealing if history is any indication. Even the supposedly most prosperous country in the EU, Germany, has the very same issue in the eastern parts, where there is no hope for a meaningful job.

People need work, meaningful work. Wanna guess how many of those "xenophobes" would be out in the street protesting against immigrants if they had a meaningful job with decent pay? Not to many would be my guess.

So the likes of Nigel Farage and Boris Johnson are providing the narrative. But the lack of social cohesion is a result of market fundamentalism, of Thatcherism, of Third Way social-democrats leaving the lower half of the income distribution to the wolves. You can't exclude large swaths of the population from the benefits of increased productivity, etc. Social dividend, they called it. It's what keeps the torches and pitchforks locked away in the barn.

i have watched a few of this guys videos,and while he has great energy,passion and a penchant for sly humor,but he tends to impose his understandings as somehow being more valid and accurate.

just take his example of the role of government.
he makes a valid point,and then solidifies his position by implying his view is set in this countries original documents.

which is fair,but only to a point...he literally ignores the federalist papers,which he actually references,and it was these 200+ papers and/or arguments that debated the actual role of the federal government vs the role of state government.

@MonkeySpank he is actually right.america is not a true direct democracy but rather a democratically elected representative republic.

after he makes some valid,if fairly biased points,he devolves into the gospel of capitalism and how it is a natural extension of our democratic republic.

really dude?
name ONE corporation that is democratic in any fashion?
you can't?
maybe that is due to the very obvious and plain fact that corporations are tyrannical by their very design.

this semi-educated man is just preaching the gospel of his religion:capitalism.

and referencing lenin like 20 times?
dude...read a fucking book on the history of the soviet union.

oh jesus..now he defending trickle down economics.....
sighs..how the zealots adore their doctrine of their holy texts,even if those texts are just figments of some economists wet dreams and has been proven to be an utter and glorious failure.

sanders is a democratic socialist,not like a denmark flavor but more of a FDR flavor.you know...the most popular president in this countries history and ushered in the most prosperous era in this countries history.

i could do a play by play on this man all day,and make him cry like a pretty little thailand ladyboy who cant afford his life-changing surgery into a actual woman.

well..he does have that douchebag hair.so he may already be looking for a surgeon.

yeah..im with @MonkeySpank,this dude just needs a good cock punch.

Is the War on Drugs an extension of the philosophy of "Supply-Side Economics?"

Deciding if the War on Drugs is a failure depends on how you measure success.

If the intention of the War on Drugs was to increase incarceration rates, strengthen gangs, destabilize society (especially the among the poor) increase fear, and waste tax-payer money, then it has been very successful indeed.

Under the War on Drugs, a large amount of wealth has been concentrated among a few individuals at the top of large gangs and cartels, while the drugs themselves have trickled down to be consumed by masses, and the "war-laws" used to jail the poor.

Under the same period after Supply-Side Reaganomics, we've seen concentration of power not only among organized crime/drug-cartels, but also among other industries as well, including media, banking, telecommunications, and many others.

You're wrong about virtues of Christianity
And you're wrong if you agree with Sean Hannity
If you think that pride is about nationality, you're wrong

You're wrong when you imprison people turning tricks
And you're wrong about trickle down economics
If you think that punk rock doesn't mix with politics, you're wrong

You're wrong for hating queers and eating steers
If you kill for the thrill of the hunt
You're wrong 'bout wearing fur and not hating Ann Coulter
Cause she's a cunted cunt

You're wrong if you celebrate Columbus Day
And You're wrong if you think there will be a Judgement Day
If you're a charter member of the NRA, you're wrong

You're wrong if you support capital punishment
And you're wrong if you don't question your government
If you think her reproductive rights are inconsequent, you're wrong

You're wrong fighting Jihad, your blind faith in God
Your religions are all flawed,
You're wrong about drug use, when its not abuse
I hope you never reproduce

You're getting high on the downlow
A victim of Cointelpro
You're wrong and will probably never know

Love this song *promote

I'll cover IUD's first. While there is some evidence that the older style copper ParaGard might have a slightly increase in preventing a fertilized egg from implanting, the evidence for the Mirena. Here are two medical journals documenting as such:
http://www.ncbi.nlm.nih.gov/pubmed/4018277
http://www.tandfonline.com/doi/abs/10.3109/13625180903519885
If those are too much reading, they are summarized in http://videosift.com/video/Myths-About-IUDs

Remember Google gives personalized search results. No two people get the same results, even when signed out of Google... More details at http://videosift.com/video/There-are-no-regular-results-on-Google-anymore

I'd also agree that there are many things America gets right. Overall it's a good country.

And I think I started out by pointing out it isn't about guns, or just about guns.

Now I'm not sure what you mean assigning attributes to the right. I was pointing out policies that are consistent with the conservative right, Republican platform positions that are not pro-life.

The Death Penalty. This is a typically Republican strong stance position. And has been at various times part of the party's official platform. The Democrat party official position supports the death penalty too, after a DNA testing and post-conviction review. The point isn't wither or not the Death Penalty is right or wrong, I'd personally argue it's wrong, it's the claim of being pro-life while supporting the death penalty. There can be no way to reconcile those two positions.

One needs only to look at how Bush and the present day regime of Republicans in Washington think of handling issues in the Middle East to see what that they support a strong military and an interventionist doctrine (http://www.ontheissues.org/Celeb/Republican_Party_War_+_Peace.htm). One of the key factors of the Bush Doctrine is preemptive strikes. While one normally wouldn't cite Wikipedia, I'll let their page on the Bush Doctrine and their references clear things up: https://en.wikipedia.org/wiki/Bush_Doctrine. Heck Obama won the Nobel Peace Prize largely just because he wasn't Bush... sadly he did little to lower US involvement in the Middle East, a situation we should have left alone ages ago. Again the Democrats aren't as peace loving as they should be, and generally the most peace loving people in Congress tend to be Libertarians (who object more to the expense of war than war itself, and love pointing out how the war in Iraq from 2001 to 2011 cost more than NASA's entire history to that point, even after adjusting for inflation (https://www.nationalpriorities.org/cost-of/ and https://en.wikipedia.org/wiki/Budget_of_NASA)) and Libertarian leaning Republicans like Ron Paul, and the Congressional Progressive Caucus (http://cpc.grijalva.house.gov/). Again, war isn't pro-life, it is perhaps one of the most anti-life things one can support short of supporting murder itself.

It's also Republicans, aka the right, that are trying to undo the Affordable Health Care Act, a program that ironically enough is modeled after the ones they tried to pass twice under Bush Sr and once under Clinton as to oppose Democrat plans to push for a Single Payer system. Prior to the passing of Obamacare, the US was spending nearly twice as much on healthcare as a percentage of it's GDP than the next nation, and getting only the 37th best results . Just listen to the crowd at the September 12 2008 Republican debate that chant over and over "let him die" as a solution to a guy who needs medical care but elected not to buy private insurance. These same people are the one's who claim to be pro-life. Affordable health care should be a right, as it is in every civilized nation but the US. Obamacare is far from ideal, but much better than the previous policy of only those with good jobs could afford health care everyone else, die or go bankrupt, driving the costs of healthcare up more. One can't say they are pro-life and oppose affordable healthcare, including for services you don't support such as IUDs (it doesn't matter that I object to our overly huge military budget that is much bigger than the next several nations combined, so it shouldn't matter if some medical services such as IUDs are supported), as quality of life matters as much as being alive.

Related to guns however is the Republican stance on stand your ground. Watch Fox News and how they defend the use of guns, or how mass shootings would be avoided if people were carrying concealed weapons and could stop the shooters... again escalating things to a death penalty. Now in the case of a mass shooter, ideally you want to take them down alive, but if death is the only option, then I personally don't object. However stand your ground typically expands to home invasion, where criminals typically aren't looking kill, just rob the place. Here they defend the homeowner's right to shoot to kill (I've been in firearm safety classes, generally the aim is to aim for the center of mass, which will likely result in death, but the odds of making a shot at the legs to impede the crooks is very low, so if you shoot you have to assume it is to kill). This position is contrary to the pro-life stance. All life is equal... which could get into a whole other argument about how they don't value immigrants, especially illegal immigrants, people who just want to improve their lives by moving to what they hope is a better country that will allow for a better opportunity for them and their families, but the Republicans are fighting hard to stop them from improving their lives here just because an accident of birth made them born in another country than the US... heck just look at the way Republicans lined the buses of refugee children fleeing war and gang torn areas of Latin America and they shouted at the children.... children... to go home that nobody wanted them. That isn't a pro-life statement, to tell a child that nobody wants them. The pro-life position would be to want to nurture and protect the children fleeing a dangerous area... We should be moving to a world without borders, as that is the pro-life position, to realize we are all humans, and that we all must share this world, and that we should do all we can to protect one another and this world and all that inhabits it (except mosquitoes, roaches, most parasites, etc... lol)

As to high poverty rates, the Republican policy of trickle down economics helps drive that. Helps spread the ever growing income and wealth gaps in the US. The Walmart heirs alone have more wealth than the bottom 40% of the US population (http://www.politifact.com/truth-o-meter/statements/2012/jul/31/bernie-s/sanders-says-walmart-heirs-own-more-wealth-bottom-/). Now true, some could argue it isn't trickle down economic that is causing the growing wealth and income gaps, but the correlation is very strong, and one is hard pressed to find any other causative points beyond the rich paying less and less to their workers while taking more and more for themselves while the government eases the tax burden on the rich more and more.

Overall I think it's clear that the people who vote Republican because they are "pro-life" are hypocrites given the party's positions in key issues that aren't pro-life. I'm sure many, especially those on the right would disagree. They'd argue the death penalty is needed to discourage others from killing and therefore protects life, and that preemptive strikes ala the Bush Doctrine keep another 9/11 from happening (although the counter to that is fairly easily that we make more extremist the more we use those strikes). So one's mileage may very. For me, I think they are hypocritical saying they are pro-life if they don't value that life as much as their own after they are born.

@RedSky

Selling assets and, to a certain degree, the reduction of public employment is an unreasonable demand. There's too much controversy about the effects it has, with me being clearly biased to one side.

Privatisation of essential services (healthcare, public transport, electricity, water) is being opposed or even undone in significant parts of Europe, since it generally came with worse service at much higher costs and no accountability whatsoever. Therefore I see it as very reasonable for Syriza to stop the privatisation of their electricity grid and their railroad. There are, of course, unessentials that might be handed over to the private sector, but like Varoufakis said, not in the shape of a fire sale within a crisis. That'll only profit the usual scavengers, not the people.

Similarly, public employment. There's good public employment (essential services, administration) and "bad" public employment. Troika demands included the firing of cleaning personnel, who were replaced by a significantly more expensive private service. And a Greek court decision ruled the firing as flat out illegal. For Syriza to not hire them back would not only have been unreasonable financially as well as socially, it would have been a violation of a court order. Same for thousands of others who were fired illegally, according to a ruling by the Greek Supreme Court.

Troika demands are all too often against Greek or even European law, and while the previous governments were fine with being criminals, Syriza might actually be inclined to uphold the law.


On the issue of reforms, I would argue that the previous governments did bugger all to establish working institutions. Famously, the posts of department heads of the tax collection agency were auctioned for money, even under the last government. Everything is in shambles, with no intent of changing anything that would have undermined the nepotic rules of the five families. Syriza's program has been very clear about the changes they plan to institute, so if it really was the intent of the troika to see meaningful reform the way it is being advocated to their folks at home, they would be in support of Syriza.

Interventions by the troika have crashed the health care system, the educational system and the pension system. Public pension funds were practically wiped out during the first haircut in 2012, creating a hole of about 20 billion Euros in the next five years.

I would like to address the issue of taxation specifically. Luxembourg adopted as a business model to be an enabler of tax evasion, even worse than Switzerland. In charge at that time was none other than Jean-Claude Juncker, who was just elected President of the European Commission. He's directly involved in tax evasion on a scale of hundreds of billions of Euros every year. How is the troika to have any credibility in this matter with him in charge?

Similarly, German politicians are particularly vocal about corruption and bribery in Greece. Well, who are the biggest sources of bribery in Greece? German corporations. Just last week there was another report of a major German arms manufacturer who paid outrageous bribes to officials in Greece. As much as I support the fight against corruption and bribery, some humility would suit them well.


As for the GDP growth in Greece: I think it's a fluke. The deflation skewers the numbers to a point where I can't take them seriously until the complete dataset is available. Might be growth, might not be. Definatly not enough to fight off a humanitarian crisis.

Surpluses. If everyone was a zealous as Germany, the deficit would in fact be considerably narrower, which is a good thing. Unfortunatly, it would have been a race to the bottom. Germany could only suppress wage growth, and subsequently domestic demand, so radically, because the other members of the Eurozone were eager to expand. They ran higher-than-average growth, which allowed Germany to undercut them without going into deflation. Nowadays, Germany still has below-target wage growth, so the only way for Greece, Spain, Portugal and Italy to gain competetiveness against Germany is to go into deflation. That's where we are in Europe: half a continent in deflation. With all its side effects of mass unemployment (11%+ in Europe, after lots of trickery), falling demand, falling investment, etc. Not good. Keynes' idea of an International Clearing Union might work better, especially since we already use similar concepts within nations to balance regions.

Bond yields of Germany could not have spiked at the same time as those of the rest of the Eurozone. The legal requirements for pension funds, insurance funds, etc demand a high percentage of safe bonds, and when the peripheral countries were declared unsafe, they had nowhere to go but Germany. Also, a bet against France is quite a risk, but a bet against Germany is downright foolish. Still, supply of safe bonds is tight right now, given the cuts all over the place. French yields are at historic lows, German yield is negative. Even Italian and Spanish yields were in the green as soon as Draghi said the ECB would do whatever it takes.

The current spike in Greek yields strikes me as a bet that there will be a face-off between the troika and Greece, with very few positive outcomes for the Greek economy in the short run.

QE: 100% agreement. Fistful of cash to citizens would not have solved any of the core issues of the Eurozone (highly unequal ULCs, systemic tax evasion, tax competition/undercutting, no European institutions, etc), but it would have been infinitely better than anything they did. If they were to put it on the table right now as a means to combat deflation, I'd say go for it. Take the helicopters airborne, as long as it's bottom-up and not trickle-down. Though to reliably increase inflation there would have to be widescale increases in wages. Not going to happen. Maybe if Podemos wins in Spain later his year.

Same for the last paragraph. The ECB could have stuffed the EIB to the brim, which in return could have funded highly beneficial and much needed projects, like a proper European electricity grid. Won't happen though. Debt is bad, even monetised debt during a deflation used purely for investments.

trickle down has been the prevailing economic policy for the last thirty years and it does not work. This is also the same time period that the middle class has been disappearing not just the last 6 years.

Carter and Clinton are the last two presidents to have budget surpluses. Republicans preach about being fiscally responsible, but the record shows they aren't. Had we followed Carters course, we would be energy independent and it's possible we would have avoided wars with Iraq twice and Afghanistan. Think of what we could have done with all the money that would have been saved. Trillions of dollars.

I keep coming across report after report (from respected financial and economic institutions all over the world) that discredit trickle-down economics. For example http://warincontext.org/2014/12/09/oecd-reports-on-the-failure-of-trickle-down-economics/

But i simply can't find the one i was looking for. However if you google "report failure of trickle down" you get report after report from myriad different experts - including one report by the Congressional Research Service, a bipartisan think tank established a century ago to give information to Congress without spin or political bias, which was covered up by the Republicans.

It is widely accepted that trickle down economics doesn't work amongst those who are in a position to judge.

Explaining how trickle down works in the real world