91 profitable Fortune 500 companies paid $0 in taxes in 2018 under Trump’s tax law

91 Fortune 500 companies managed to avoid paying taxes in 2018 under the new Tax Cuts and Jobs Act (TCJA).

Source: 91 profitable Fortune 500 companies paid $0 in taxes in 2018 under Trump’s tax law

Corporate welfare.

Disinformat

Throughout its history of international relations, Russia has proven that the longest distance between any two points is the distance between conciliatory statements out of the Kremlin and an actual agreement to which Moscow will confirm. Beware of disinformation: the Russians made it an art form decades ago.

Why Are Young People Turning to Socialism?

This brings me back to fear. The last time the Left had this much pull was during the Great Depression. There are parallels between that time and ours. In some ways the Depression was worse than anything we know now. But in at lest in one way, it seems like things are far worse today.

Source: Why Are Young People Turning to Socialism?

C.R. Wiley over at Paterfamilias makes some superb points about why socialism is so appealing to young people. Check out the article, it is short, so have a read.

I have two responses.

First, to the quote above. The implication that the left has a lot of pull is hard to square with the fellow in the White House and the GOP-dominated Senate. That didn’t just happen: it is an illustration that, for whatever pull the left has, it is pushing at least as many people away. (Plus, I’d argue that the left had more pull between 1966-1974 than it does now. Disagree? Explain why Nixon was arguably the most liberal Republican president of the past half-century.)

Second, and somewhat associated with the first,  is that fear does not drive people left, it drives people to political extremes, the fringes of the political plain. Fear tends to empty the center, stoking radicals, reactionaries, libertarians, and anarchists at the expense of the moderates.

And that’s our problem. We have become a nation of fear, screaming at each other from the fringes at the expense of the democratic process.

Becoming a socialist (or a radical libertarian, or anarcho-syndicalyst, or a monarchist, or a fascist)  is not going to fix that: it is going to exacerbate the problem. Figuring out how to work with people who hate your guts, and doing so for the betterment of both of you, is what is going to fix our real problems.

 

 

Bulls-Eye on my Back

I also know that I am a privileged middle-aged white guy and I have a giant bull’s-eye on my back. And, in a way, my acute sensitivity to my privilege and my status as a Fat Target keeps me safely tucked away, head down over my keyboard, out of range. When you know they’re out hunting for you and your kind, you tend to keep out of sight.

— Rob Long

Source: What Drag and Blackface Have in Common – Commentary

Bingo.

America is apparently okay with white males feeling something that they would never let a female POC feel. If turnabout is your idea of justice, I feel for you, but I respectfully disagree with your interpretation of the word.

“Two wrongs don’t make a right” is as true on the national stage as it is in the schoolyard.

 

The Larger Picture on Election Day

The commentators this morning are missing the point. It is not America that is at a crossroads; it is Western Civilization, and the problem is much bigger than the GOP, the Dems, and the occupant of the Oval Office combined.

I acknowledge, however, that rapid civilizational decline does not make great television. That said, historians of the future will look back on TV news as Nero’s fiddle.

Crapitalist Pig

I have never been an especial friend of organized labor because by the time I reached political consciousness, Big Labor had gone from being a righteous force hoping to meet the owners of capital on an equal footing to an entitled deadweight on the American economy.

That was 40 years ago, and today the pendulum has swung far into the favor of management and capital. We need a rebalancing, lest the nation find itself in a war between socialism and democracy.

The current occupant of the White House, lacking anything resembling an educated feel for the tides of history, misses this entirely. Worse, he has no respect for labor because he never put in a hard day’s work in his life, never had to work for anyone but daddy or himself, and never had to live on minimum wage.

This is a liability that will eventually cost him dearly with his base.

Happy Labor Day.