They said that?

One of the mysteries of politics is how politicians so easily forget a key point. Most of what they say is recorded. So, when they change a position, it can be shown they are at odds with their earlier views.

One of my personal favorites is both former Speaker of the House John Boehner and Senate Majority Leader Mitch McConnell are on video saying climate change is real and man-influenced and we need to do something about it. It should be noted that McConnell recently signed a letter with 22 senators saying we should withdraw from the Paris Climate Change Accord.

While on climate change, we should not forget the double flip-flop of former Speaker of the House Newt Gingrich. He first said it was a hoax. Then, he did a national TV commercial with former Speaker Nancy Pelosi saying he was wrong about climate change and we need to do something about it. Then he ran for President and said he was wrong to say he was wrong.

The sad part about the above is it did not do much harm to the three politicians. Others have not been as lucky. President George HW Bush was punished in a subsequent election after he promised “Read my lips, no new taxes,” and then later raised taxes. President Bill Clinton was impeached by the House for his lying under oath that “I did not have sexual relations with that woman.”

President Ronald Reagan was almost impeached when he lied on TV that he was not aware of weapons being sold to Iran to fund the Contras in Central America. He later went on TV and said he had misled America. And, President Barack Obama oversold the ACA saying that if you want to keep your doctor you could, without recognizing networks don’t work that way.

Yet, our current President has set a new standard for untruths and misstatements. They are rampant, occurring daily and sometimes hourly. When he recently said he would testify under oath, his attorney probably had a stroke. The attorney likely recalls how Trump testified under oath a few years ago and was forced to admit he lied 30 times.

Yet, let me conclude with a priceless quote from former Senator John Kyl which is indicative. When a reporter caught him in a lie, Kyl responded that “your problem is confusing what I said with the truth.” Yes, it is our fault for believing what you say.

The emperor has no clothes

At a recent cabinet meeting, the leader asked for comments beginning with his second in command. Kim Jong Un, it is an unbelievable privilege to serve you. The next cabinet leader said I am blessed to serve you oh great leader.

Cabinet leader after cabinet leader continued fawning over their leader, making sure they each stroked Kim Jong Un’s ego. None dared to mention the country had a hard time feeding its people or that funding their military may not be the best use of their funds.

None dared risk the wrath of their leader citing his inane statements and policies or delusional behavior. They dared not say “the emperor has no clothes.” His temper is legendary. His inability to digest and benefit from criticism is as well.

This emperor only wants to feed his immense, but oh so fragile ego. Yet, the problem for us is this emperor is not Kim Jong Un. His name is Donald J. Trump and he is President of the United States. And, he has no clothes. The sad truth is his cabinet of sycophants know this.

The exact opposite of what is needed

Since tribal fervor gets in the way of good information sharing and debate, we end up with laws, bills and executive orders/ comments which are the exact opposite of what is needed. This troubles me greatly, as if you took the time to look at data and explained what the change would do, people would not be supportive of the change.

Here are a few working examples:

– Treating Muslim Americans poorly, blocking travel from Muslim countries, and criticizing the London Mayor who is an exemplar of successful Muslims in the western world make us less safer. Ostracizing Muslims feeds into the recruiting messaging for Islamic extremist groups; welcoming Muslims and involving them in conversations and diligence is making us safer.

– Defunding Planned Parenthood will increase the abortion rates, health care cost and poverty. Poverty is highly correlated with larger family size. Family planning reduces the number of unwanted pregnancies. Plus, women’s health for low income families improve which saves money.

– Cutting back on renewable energy investment and tax breaks will be dilutive to job increases and rural economies. Many of the solar and wind energy jobs are occurring in rural settings where they are needed. The market for solar and wind energy continues to rapidly grow as the prices fall. Investment in these areas is accretive to growth.

– Regulation is not the enemy. Inefficient and ineffective regulation are. Dodd Frank needs improvement, but we need to be mindful of the changes. The ACA needs improvement, not repeal. Very few industry leaders advocate for regulation – it does not mean they don’t need them, especially when greed exists. We need to govern our regulation either paring, repealing or improving where needed. Here is an example – when Erskine Bowles was asked to head the Small Business Administration he reduced the application for assistance from 42 pages to two.

– Pulling back from global leadership will make the world less safer. America helps provide guardrails to global crises. The more we abdicate responsibility, the less safe it becomes for America and the rest of the world. We must be engaged and collaborative.

I have many other examples. What do you think? What are your examples?

 

Nicaragua, Syria and the USA

The company you keep matters. Rather than be in the company of other world leaders to help save the planet, the President of the United States decided to be in the company of Nicaragua and Syria. It should be noted Nicaragua wanted the Paris deal to go further. So, we are joined at the hip with Syria.

Going against the wishes of the majority of Americans and even a majority in his own party, the current incumbent in the White House decided to withdraw the United States of America from an agreement it helped forge with China.

Rather than work with others under the Paris Climate Change Accord, the President has decided the children and grandchildren of the world do not matter. He has decided that reneging on a major step forward is better than working with others. His reasons ring hollow, especially when he speaks of his actions to help the environment and trying to save an industry that market forces are diminishing the demand.

I feared this decision from well before the election. Fortunately, we are passed the tipping point on renewable energy as costs continue to fall. Fortunately, businesses are telling him they are not changing forward moving plans because that is what their customers want.

What is most interesting about the timing, two days ago, over 62% of Exxon-Mobil shareholders overruled a management recommendation and said they must report to shareholders the impact climate change is having on their business. This follows similar votes at Occidental Petroleum and PPL, a Pennsylvania based utility. So, owners of companies are making a statement as are customers.

It is a pity that this President has cemented his legacy with such a horrible decision for our country and planet. He will not be remembered well and it has already begun. He should have listened to his daughter, whose children will have to hear how their grandfather harmed the planet.

A mean spirited, dishonest budget

On PBS Newshour last night, Mark Shields and David Brooks defined the President’s budget succinctly. They said it was a “mean-spirited, dishonest budget.” I had been searching for the right words to define a proposed budget that kicks people in poverty in the teeth. Fortunately, Senator John McCain said the budget was “dead on arrival.”

The budget is bothersome in so many levels as it severely cuts Medicaid and food stamps, as well as other programs. The latter has grown because of the greater number of people in need. Yet, while these cuts are occurring, tax breaks for the wealthy would be provided.

But, it does not end there. It has been reported about the extra rosy and very hard to achieve projections on revenue growth. While this is not too uncommon, it is still sleight of hand. When people say tax cuts pay for themselves, that is as believable as the check is in the mail. The Committee for a Responsible Federal Budget will say there often are some revenue improvements, but nothing near paying for the entire cut.

Yet, there is more dishonesty. Former Secretary of the Treasury, Larry Summers said in an op-ed piece in The Washington Post that there is some double counting of revenue sources, an obvious error. Per Summers, “You can’t use the growth benefits of tax cuts once to justify an optimistic baseline and then again to claim that the tax cuts do not cost revenue. At least you cannot do so in a world of logic.” Summers noted he has not seen something like this in a budget proposal in 40 years and a business person should know better than to double count like this.

To be brutally frank, this is not what the President advertised in the campaign. He touted his business leadership as something the country sorely needs. Yet, former Speaker John Boehner said with the exception of foreign policy, Trump’s presidency has been a “complete disaster.” I would argue his point on the foreign policy omission. But, it should be noted is how this budget, the AHCA bill, and other measures harm the very constituents that rose up to vote for this newcomer. He is screwing them and they still lack awareness that is what he is doing.

Getting back to Brooks, I have cited his earlier observation after the horribly planned and executed travel ban. “This White House is equal parts chaos and incompetence.” Summers used the latter word in his piece, as well. We can now add “mean spirited and dishonest.” These are not words that he had hoped to elicit when elected.

 

 

A few thoughts for Thursday

I would be remiss if I did not express my sympathies to the victims of the terrorist bombing at the conclusion of Ariana Grande’s concert. Targeting civilians is bad enough, but targeting young adults and kids is vulgar in its cowardice and an insult to any deity the perpetrators say they worship.

As a needed antithesis, I applaud the many angels who helped the hurt, lost and confused after the attack. They revealed the best of humanity as a direct contrast to the worst shown by the terrorist. Peace be with those angels, survivors and the families of the victims and injured.

In other news of the week, I do want to give credit to the President for his visit to the Middle East to further relationships. And, he has been surprisingly well behaved, which is traceable to him sticking to script and not tweeting his thoughts. Yet, we do need to peel a few layers back and understand that he spoke to a group of autocratic Sunni leaders in Saudi Arabia about dealing with terrorism. It was an important step away from his negative Islamic rhetoric, but terrorists exist because of the corruption of autocratic leaders who cause disenfranchisement.

The other concern is to paint Shia led Iran as THE bad guy, when they just had an election while he was there and elected the moderate Incumbent Rouhani to continue as President. Iran has a median age of 35, so by trading with Iran and treading carefully, we can help break down barriers for the future.

Finally, just yesterday, a Republican candidate for Congress in Montana named Greg Gianforte apparently does not like tough questions. He has been arrested for assaulting Ben Jacobs, a reporter from The Guardian when Jacobs asked him about the CBO scoring of the repeal and replace AHCA bill that would knock 23 million people off insurance. In front of other reporters, Gianforte choked, shoved to the ground and began punching Jacobs.

Let me state the obvious. A leader does not beat up someone for asking questions you don’t like. I am positive entertainers like Sean Hannity and Rush Limbaugh will drum up their fans saying it is OK to beat up a liberal reporter. No, it is not. And, if a wannabe leader has to resort to force, it means you are worse than a name caller and certainly no leader irrespective of the outcome of the election.

Interesting thing is happening at energy company shareholder meetings

An interesting development occurred at annual shareholder meetings of two major companies in the energy business – PPL Corp, a utility serving Pennsylvania and other states and Occidental Petroleum Corp. A shareholder instigated vote took place at each firm and passed over the recommendations against it by their Boards of Directors. The proposal is for each company to share formally a report on what they intend to do about climate change.

Per the website “Financial Advisor” the following was reported earlier this month about the Occidental vote:

“The proposal received the backing of Occidental’s largest shareholder, $5.4 trillion asset manager BlackRock Inc. BlackRock, which owns a 7.8 percent stake in the oil explorer, said it took action due to the “lack of response” on the issue by the company and a lack of improvement in its climate-change related reporting following a similar proposal last year which received more than 40 percent support.”

The shareholder proposals are at the impetus of CalPERS, one of the largest pension trust funds in the world and a major investor in each company. Other state pension trust funds are supportive of CalPERS’ push. A similar vote was taken recently at Royal Dutch Shell and was defeated, with another vote scheduled at ExxonMobil. It should be noted that institutional investor groups are recommending against these proposals, but two have passed.

With a White House at odds with the rest of the world on climate change, we will need a groundswell of advocacy. Fortunately, we are passed the tipping point on renewable energy due to falling prices and rapidly increasing jobs. And, some of these same companies are advocating the US stay in the Paris Climate Change accord. Yet, the US cannot leave the table. To assure that we remain, we need these kinds of shareholder votes and other advocacies.

The White House has now canceled two meetings to discuss the future of our involvement in the Paris Climate Change. I believe this is in reaction to the push back from business. We cannot backtrack on this and other environmental issues. Let’s push forward and, if the President does not want to play a role, we and the rest of the world can leave him behind.