Doug Feith on Israel - WSJ

I am automatically opposed to anything by Doug Feith, one of the Jewish neo-con hawks who orchestrated the invasion of Iraq after 9/11,  This WSJ op-ed on Israel is no exception.  His op-ed basically says the occupied territories have the same status as the original Israeli border set by the UN, because the Palestinians reject both the original Israeli state and the later occupied territories.  If all Jews and Israelis hold this view, it is no wonder that Palestinians continue their opposition.  To Feith, accepting Israel’s original borders justifies accepting the later, expanded borders.  Feith sees no reason for negotiations.  He seems to think Israel is entitled to all the land it can take.

Conservative Jewish Neo-Cons in the Bush Administration

While I have been criticizing the liberal Jews who supported Hillary Clinton, I just realized that there were a number of conservative, neo-con Jews who encouraged George W. Bush to invade Iraq.  They are significantly responsible for the turmoil in the Middle East today.  The invasion of Iraq may have been a disaster for US foreign and military policy, but it may have been a boon for Israel.  The Arabs and Muslims are now so engaged in fighting each other -- Sunni versus Shiite, Saudi versus Iranian, chaos in Syria and Libya, destabilization of Egypt, etc. -- that they don’t have time to worry about Israel and the Palestinians.  Israel is probably more secure from external threats than it has been for years, maybe since its creation.  The invasion of Iraq has been great for Israel, not so great for the United States.  This is what worries me about whether American Jews put America’s interests first, or Israel’s interests first.  The issue was highlighted by Netanyahu’s visit to the US to oppose the Iran deal; he was greeted much more warmly by Senators and Congressmen that President Obama.  Of course, many of those who cheered Netanyahu were not Jewish.  

In any case, some of those Jewish neo-con leaders who worked for the US invasion of Iraq were Deputy Secretary of Defense Paul Wolfowitz, Weekly Standard editor William Kristol, Under Secretary of Defense Doug Feith, NSC staffer Elliot Abrams, VP Cheney’s national security advisor Scooter Libby, and Under Secretary of Defense Dov Zakheim, among many others.  These neo-cons are still unrepentant about the Iraq invasion, although they do not defend it on the grounds that it benefitted Israel rather than the United States.  

In any case, their efforts illustrated the influential role of Jews in the American government.  It also illustrates what is often the case: the Jews are not at the top of the pyramid, but serve in important advisory positions right under the man at the top, who is usually not Jewish.  In the case of Iraq, President Bush II no doubt wanted to invade Iraq, and his Jewish policy advisors helped him to justify it.  Non-Jewish advisors might have discouraged his initial impulse to invade after 9/11, but of course, the main proponent of the war was Dick Cheney, who is not Jewish.   

Jewish Influence in American Finance and Politics

I remain concerned about the influence of Jews in America.  They occupy senior positions in the financial industry and politics far in excess of their proportion of the population.  The first big influx of Jews to America came around the 1888s. The Jewish population of American then about doubled between 1910 and 1930, from around two million to about four million, according to the Jewish Virtual Library.  The Jewish population did not grow significantly again until the 2000s, when it grew to around seven million in a total population of about 300 million, about two or three percent. Of the top ten richest Americans 50% are Jewish.  Ten of the 100 senators, ten percent, are Jewish.  

My Jewish Learning says there were three waves of Jewish immigration to the US: Sephardic Jews who came from Brazil during the colonial era, Ashkenazi Jews who came from Germany from the 1840s to around World War I, and Eastern European Jews who came after 1880 from socialist and communist political backgrounds in Eastern Europe and Russia.  Relatively few Jews came to the US around World War II because of immigration restrictions.  

A number of prominent Jews are first or second generation immigrants.  Michael Bloomberg’s grandparents were born in Russia.  George Soros was born in Hungary.  Chuck Schumer’s grandparents were born in Russia, Poland, Austria and the US.  Steve Mnuchin’s great-grandfather, who was Russian, arrived in the US in 1916, bringing his family from Belgium, including Mnuchin’s grandfather.  The father of Google’s Sergey Brin brought his family from the Soviet Union.  Sheldon Adelson was born in Boston of parents who emigrated from Russia. Steve Balmer;s Jewish mother was born in Belarus; his father was Swiss.  Number 22 on the Forbes list of richest Americans, Len Blavatnik is a Jew born in Ukraine.  Forbes number 174, Isaac Perlmutter, immigrated from Israel.  Bernie Sanders’ father was born in Poland, as were his mother’s parents., Paul Krugman’s father’s parents were born in Poland. Debbie Wasserman Schultz’ grandparents came to the US around 1920 from Poland, Russia, Austria, and Bulgaria, Wolf Blitzer was born in Germany of parents who were Auschwitz survivors.  

The fact that so many Jewish families who came from Russia and Eastern Europe in the early 1900s when Socialism and Communism were becoming so popular may explain why so many Jews are liberals.  For example, Trotsky was a leader of the Communist movement in Russia.  Almost uniformly, Jewish anchors and commentators on TV are liberal, tending to work for liberal networks like CNN and MSNBC.  However, there are exceptions; Sheldon Adelman is certainly not a liberal, despite the fact that his family came from Russia.  At the New York Times, the leading Jewish columnists -- David Brooks, Paul Krugman, and Tom Friedman -- have so far not been able to accept Donald Trump’s election as President.  Krugman in particular is outraged, calling Trump “vile” in a tweet.  

But I don’t have much insight into the Jewish community, and particularly Trump’s interaction with the Jewish community.  I was struck by how strongly the elite Jewish community -- the Jewish politicians and bankers -- supported Hillary Clinton, who is not Jewish, although I think that Hillary and Bill more or less pledged themselves to support the Jewish community while Bill was President, and that connection carried over to Hillary.  But of course, Bernie Sanders is Jewish and supported the liberal policies that the liberal Jews of Russian origin should have liked.  It seems to be that Trump has succeeded in a profession that should be dominated by Jews, Manhattan real estate.  Is he one of the gang of Jewish real estate speculators, or is he a disliked competitor who makes his Jewish rivals jealous.  In addition his daughter, Ivanka, converted to Judaism when she married the Jewish son of another New York real estate magnate, Kushner.  Does Jared Kushner give Donald an in with the Jewish community, or is he a trusted Trump adviser despite opposition from his Jewish cohorts.  In addition, Trump has named Jews to his cabinet, including to Treasury, and he has named a very pro-Israel Jew as Ambassador to Israel.  On the other hand, Trump has been outspoken about saying, “Merry Christmas” instead of “Happy Holidays,” and he has talked about America’s Christianity, winning over a lot of unhappy white men in the process.  

I don’t know, but I think there is a Jewish-Gentile split in America, perhaps not as serious as the white-black split, but there nevertheless.  As a white man, I see some of the animosity coming from the Jewish side.  Jews have reason to be concerned about discrimination, based on their history of persecution, long before the Holocaust.  I think that is one reason, they support “diversity.”  They support organizations like the Southern Poverty Law Center, because they believe that if they can make discrimination against blacks a major issue, then surely Jews, who look like whites, will be protected from discrimination.  For them, promoting diversity is a form of self-preservation.  Ironically, if Jews chose to assimilate, it would be almost impossible to discriminate against them, since they look just like white Western Europeans.  However, if they choose not to assimilate, which is perfectly legitimate, they should not complain when Gentiles identify them as Jews.  

We’ll see what happens.  I think that if this country seriously attacked the issue of income inequality, that would take care of many of my concerns about Jews tending to run the country.  Or maybe not, maybe more Jews would go into politics.  Maybe they would move to another country where they felt more welcome.  Already, almost every American Jew is entitled to an Israeli passport and can easily go to Israel if he wants to.  Another of my concerns is the huge support of American Jews for Israel.  At one time, the US-Britain linkage may have been as strong, but it no longer is.  Israel is certainly the first among all foreign countries, and the US would go to almost any lengths to protect Israel, mostly because of pressure from Jews through AIPAC and other Jewish organizations, but also because of support from some fundamentalist Christians, and some Gentile politicians, like John McCain.  Obama wanted to focus his foreign policy on Asia, but our involvement in the Middle East made that impossible.  I worry that it was Jewish pressure to focus always on the Middle East that made the Asian initiative fail, and it also influences other foreign policy choices.  This is where I see the outsized Jewish influence as a potential problem.  The US may support Israel to the detriment of America’s own political and security interests.  It will be interesting to see how Trump handles the pressure from the Jewish lobbies.  Is he inclined to give them whatever they want, or will he be more concerned about protecting America’s self-interests than his predecessors have been.  It’s interesting that Henry Kissinger, a Jew, but one who was more even-handed toward Israel than many of his Gentile counterparts, thinks that Trump could be a “very considerable President.”  Trump will certainly bring a different perspective to the job than his predecessors.  

Banning Criticism of Israel on Campus

The Wall Street Journal has called attention to a Senate bill that would restrict speech about Israel in educational institutions.  According to the article:

The legislation, proposed by Sens. Bob Casey (D., Penn.) and Tim Scott (R., S.C.), would require the Education Department, when deciding whether to investigate incidents on campus, to consider the State Department’s definition of anti-Semitism. This definition includes “rhetorical” manifestations, such as speech to “demonize Israel,” “delegitimize Israel,” or apply a “double standard for Israel.”  

 It seems likely that this law would violate the First Amendment.  Hopefully this bill will never become law.  If it does it will probably be declared unconstitutional by the Supreme Court.  It would be a shame to put the educational community through the turmoil the various legal cases would create.  Hopefully the bill will die without becoming law.

In any case I am disappointed to learn the State Department definition of anti-Semitism.  Apparently it believes that Israel is superior to any other country.  We have no similar policy protecting Canada, France, Japan pr any other country. The State Department seems to be protecting Jewish racial purity.  How the world and America have changed since World War II!  Apparently American policy is that the Jewish race is superior to all others, and all universities must promote this policy under penalty of law.

Yellen and Trump - Partners or Adversaries

The New York Times and the Wall Street Journal have different takes on how Janet Yellen’s Fed will affect the Trump administration.  The NYT says in a front page story:

The Fed’s assessment that the economy is growing at a healthy pace — not too hot, not too cold — is starkly at odds with Mr. Trump, who has promised 4 percent growth and has described job creation as “terrible” and economic growth as anemic.

Already on Wednesday, one Republican member of the House Financial Services Committee, Representative Roger Williams of Texas, criticized the Fed’s move.

“Today’s decision by the Fed to raise the interest rate is entirely premature and will be burdensome to a nation already struggling to pull itself out of this slow-growth Obama economy,” Mr. Williams said in a statement. “By making rates even higher, the Fed is effectively making our hardships even harder.”

Mr. Williams did not object when the Fed raised rates last December.

Meanwhile the WSJ says:

For at least the next year or two, the interests of Mr. Trump and Fed Chairwoman Janet Yellen are closely aligned. He wants low unemployment and faster economic growth, and she’s happy to err on the side of both via the most docile course of interest-rate increases on record, so long as inflation stays low.

So, which is it?  I think they are a little bit at odds, mainly because Yellen decided to raise rates on the eve of Trump’s inauguration, after threatening to do so for over a year, and not doing it.  A quarter of a point increase is not much, and probably won’t matter much to the economy, but it’s a signal.  Ultralow interest rates have encouraged speculation in the stock market, driving up stock prices,  In theory raising rates now should depress stock prices and bond prices.  It should remove some of the speculation from the stock market, and higher interest rates should depress bond prices.  But recently nothing seems to follow old-fashioned rules; so, who knows what the effect will be.  For sure some speculative investors will guess right and will make some money.  That is where I worry about some Jewish connection that will benefit them, even it it’s only subliminal.  

A more normal, predictable financial situation gives speculators less of an advantage over ordinary investors, who are just saving to buy a house or pay for college, rather than make a billion dollars in a hedge fund or private equity.  Of course Trump ran as the champion of the common man, but has chosen a cabinet of billionaire speculators.  

Goldman Sach in the Washington Post

The Washington Post article on “The Eternal Mystique of Goldman Sachs” to some extent puts the lie to my previous blog’s assertion that Goldman is mainly a Jewish institution.  Nevertheless, judging just by the names in the article, it is pretty Jewish.  The two main people in the Trump administration with ties to Goldman are Steve Mnuchin and Gary Cohn, both of whom would appear to be Jewish.  The current CEO is Lloyd Blankfein.  The name of the firm itself, Goldman and Sachs, both look Jewish.  Another early partner mentioned in the article is Sidney Weinberg, who also sounds Jewish.  He became an unofficial adviser to Franklin Roosevelt, who Secretary of the Treasury, Henry Morgenthau, was I think the only Jew in FDR’s cabinet, and thus frequently called on by the Jewish community to lobby Roosevelt about Holocaust and the plight of Jews in Europe.  

A number of the Goldman Sachs Gentiles mentioned in the article are no longer with the firm, either because they did not want to remain there, or they were pushed out.  Again, just guessing from the names, these Gentiles include William Dudley, Heidi Cruz, Malcolm Turnbull, and Erin Burnett.  One former CEO of Goldman, who was also Secretary of the Treasury, Hank Paulson, is not Jewish.  

The article points out a concern that many Gentiles have about Jewish financial wizards: they are not always honest, although some are certainly more honest that they Gentile competitors.  It cites a joke by Eddie Cantor (also Jewish) who said Goldman lost all the money he was saving for his old age, thus making him feel old.  And, of course, Goldman was deeply involved in the housing mortgage scandal of 2008, and nobody there went to jail.  Of course, neither did any of their other Jewish or Gentile colleagues.  But to an outsider, it looks like a sleazy business.  

https://www.washingtonpost.com/lifestyle/style/the-eternal-mystique-of-goldman-sachs/2016/12/14/4fa8d4ca-c0ab-11e6-afd9-f038f753dc29_story.html?utm_term=.04002a0e022e

Racist Financial Industry?

Is there racism on Wall Street, especially Goldman Sachs, and at the Fed.  Is there discrimination in favor of Jews?  Jews are extremely influential on Wall Street and lead many Wall Street financial institutions, banks and nonbanks.  Is there racial bias in hiring employees,  The Fed has been headed by Jews for over thirty years.  Elite Jews supported Hillary; did Fed raise rates to damage Trump administration?  

A small rate increase is nothing compared to the financial disaster Obama inherited from Bush.  Nevertheless, it is odd that after a decade of zero interest the Fed raises the rate on the eve of Trump’s presidency.  

Mnuchen

Trump has picked Steve Mnuchen to be Secretary of the Treasury, according to the Wall Street Journal, Yahoo, and many other sources.  Mnuchen is probably better than many people that Trump might have picked, but I would  have liked to see some other possibilities.  I would have prefered someone who was not a Wall Street-Goldman Sachs alumnus. I would also prefer that he had not foreclosed on tens of thousands of homeowners who held IndyMac mortgages while getting government assistance.  Like Trump, who paid no taxes, he is a billionaire beneficiary of government welfare.

I also wonder where his primary allegiance is.  Bill Clinton’s Treasury Secretary, Robert Rubin, was instrumental in repealing Glass-Steagle, which was a huge benefit to Wall Street, but came back to haunt homeowners many of whom lost their homes, and taxpayers, who had to bailout the bankers.  The bankers rewarded Bill and Hillary Clinton handsomely, as well as Robert Rubin, who moved on to a top job at Citibank that paid well but had little responsibility.  Although Rubin guided the US through a financial crisis, his overall record seems to favor Wall Street over the best interests of the United States, since those interests often conflict, as they did in 2008.  I hope that Mnuchen will give priority to main street over Wall Street, as Trump promised.  It remains to be seen.  

I was concerned about Mnuchen because of his record of foreclosures at IndyMac, and a recent article in the New York Times about two Jewish brothers who bought up rent-controlled apartment buildings in New York and then did all kinds of terrible things to the apartments to drive the tenants out.  This is just recent anecdotal evidence of what has been said for centuries about the hard-heartedness of Jewish property owners.  As a Jew, Mnuchen has centuries of suspicion to overcome.  

I am already concerned that every chair of the Fed for more than thirty years has been Jewish, and appears to have favored Wall Street in their policies.  I am not totally against the Fed like the Rand Paul Libertarian Party, but I want it to be evenhanded in its treatment of Wall Street and Main Street.  I worry that Jewish chairs of the Fed will always have closer ties to other Jews on Wall Street than to the ordinary people on Main Street.  I understand that Bernie Sanders, the most outspoken critic of Wall Street, is Jewish.  Good for him!  I supported him until he lost to Hillary.   

https://finance.yahoo.com/news/steve-mnuchin-trumps-treasury-nominee-has-a-nagging-foreclosure-problem-173531947.html

http://www.wsj.com/articles/steven-mnuchins-defining-moment-seizing-opportunity-from-the-financial-crisis-1480547063

Landlord brothers

http://www.nytimes.com/2016/11/29/nyregion/brooklyn-landlords-joel-and-aaron-israel-arrested.html

Friedman's New World

I haven’t read Tom Friedman’s new book, Thank You for Being Late, but I have heard him talk about it extensively on TV, especially with Charlie Rose.  I have like Friedman’s elitist ideas for years, but the Trump revolution has cast a shadow over them.  Friedman loves immigration and technology, but he doesn’t put the two together except in advocating for the immigration of highly skilled techies.  He does not see any technological solution to Mexican day laborers.

His lack of vision is partly due to the fact that Jews in general do work with their hands.  Jews are bankers, writers (like Friedman), professors, politicians, or entrepreneurs; they are not farmers, despite the fictional romance of “Fiddler on the Roof.”  Israeli agriculture owes much of its success to stealing from the Palestinians in the same way that Americans exploit Mexicans.  Jews tend to look down on people who work with their hands, whether they are black, white, or Hispanic.  To Friedman, nobody in the tech industry should waste their time working on problems of manual labor.  Besides, as long as Mexican manual labor costs $5 an hour, it is probably financially impossible to replace it with technology.  Mexican humans are worth less than Friedman’s techie machines.  If Mexican labor were more expensive then it might be possible for the tedhic community that Friedman worships to replace it.  If farm labor were more expensive, there might be a tech startup that would pick fruit or vegetables mechanically.  

I was pleased that Friedman's column in today’s NYT was not so negative on Trump, at least hopeful that Trump can be influenced in the directions that Friedman favors.  

Racist Attacks on Trump

I am tired of hearing about how everybody associated with the Trump transition is racist.  Steve Bannon gets no credit for helping Trump win the election, because Jewish papers and websites are too busy calling him a racist.  Ditto for Senator Jeff Sessions.  Ad hominem attacks are what people use when they don’t have any substantive criticism of them.  These scurrilous, hateful attacks emanate from despicable lowlifes who have access to scandal sheets like the New York Times and the Huffington Post.  The New York Times clearly sold its soul to Hillary Clinton and is left soulless and bitter, stewing in its hatred of President-elect Trump and his supporters.  This is sad because the Times has been, and I hope will again become, a great newspaper.  

I must admit that I don’t understand Jews’ relationship; with Donald Trump.  There is no more Jewish profession than real estate in New York City, except maybe for working at Goldman Sachs.  Somehow Trump as a gentile flourished in an environment dominated by Jews.  His daughter, Ivanka, married a Jew whose father, Charles Kushner, was a real estate competitor with Trump, and Ivanka converted to Judaism.  Her husband, Jared Kushner, has emerged as one of Trump’s most influential advisers, although his father, Charles, was convicted by Chris Christie of political corruption.  

The rich, elite, establishment Jews supported Hillary, while many other Jews, like Bernie Sanders, opposed the elite establishment, represented by Goldman Sachs.  Where does Jared Kushner fit in this spectrum?  I don’t know.  So far, he seems to be in the real Trump camp, which puts him closer to Sander than to Goldman Sachs.  It looks like Jared has spent his career in real estate, unlike Hillary Clinton’s Jewish son-in-law, Marc Mezvinsky,, who worked for Goldman Sachs.  

Because wealthy, New York Jews are so much a part of the elite establishment, it may be hard for Jared to sort through candidates for top positions.  Jewish billionaire Carl Icahn has been a Trump supporter, but so far is not discussed as a possible member of Trump’s administration.  At the moment Jamie Dimon of Morgan Stanley, who is Greek not Jewish, is being discussed as Treasury Secretary; however, Dimon lives in a Jewish world.  His mentor and patron, Sandy Weill, is Jewish, and Dimon’s wife is Jewish.  

Hillary and Sexual Preditors

The media and Hillary Clinton’s campaign were outraged when FBI Director Comey said the FBI was looking at emails found on Anthony Weiner’s laptop that came from Hillary’s private server while she was at the State Department.  No one seems to be concerned that emails she sent while Secretary of State ended up up on a computer that an adult reportedly used to send sexting messages to an underage girl.  What does this say about Hillary’s friends and associates?  

Hillary seems to be an enabler for at least two sexual preditors, her husband Bill and Anthony Weiner.  In addition she, Obama, and the Democratic Party support the idea that dirty old men should be allowed to go to the bathroom with little girls as long as the dirty old men say they think of themselves as girls.  

I don’t buy this whole sexual identity thing.  If some crazy man says he thinks he is God, do we act as if he is God and worship him?  What is the difference if a crazy man says he thinks he is a woman?  The first man is not God, and the second man is not a woman.  They both have severe mental problems.  In the first case we put the man in an asylum, in the second we say let that crazy old man do whatever he wants with little girls.  It looks like your average psychiatrist is a sex pervert, but one who agrees with Hillary.  

Jewish Fed

My main concern about Jews in America is Jewish domination of the Federal Reserve Bank, the Fed.  Four Jews have been chairs of the Fed for over thirty years.  I am mainly concerned about two of them.  I think Paul Volker and Ben Bernanke were good, fair chairmen.  Volker got a bad financial situation involving inflation and high interest rates under control.  Bernanke engineered a brilliant response to the Great Recession with Treasury Secretary Hank Paulson.  I am less enthusiastic and less trusting of Alan Greenspan and the current chairwoman Janet Yellen.  Greenspan steered the Fed through the 1987 stock market crash and through the 9/11 attacks on Wall Street. But I think America started to change significantly under Greenspan’s tenure. While I want to give Betnanke the benefit of the doubt, income inequality became worse during his term. America has seen a significant rise to dominance of Jews during this period. It may be that they are just smarter, harder working, better businessmen or better gamblers, or there may be some. Nefarious reason for their rise.

While many Jews are not religious, it no doubt helps their self-confidence to grow with a history of being God’s chosen people. On the other hand, they are accused of killing their own Messiah. Because of discrimination against them they tend to band together as a tribe. But once bound together they argue incessantly. Although the vast majority of successful Jews support Hillary Clinton, a Christian, her main Democratic opponent, Bernie Sanders, was a Jew. Bernie argued strongly against income inequality, which had made many of his fellow Jews fantastically wealthy. I side with Bernie against income inequality.

On Friday, Bloomberg interviewed Bill Gross, who said that the Fed has been a slave to financial markets, rather than the GDP for 10, 20 or 30 years, i.e., the period Jews have headed the Fed.  Since Jews predominate in the financial community and white folks predominate in the ordinary labor economy, Gross essentially says the Fed has favored Jews over white people ever since Jews have been in control of the Fed.  

The other side of this issue, however, is the failure of the Congress and the administration to take any fiscal measures to improve the economy.  The white Republican Congress has put the whole burden of recovering from the Great Recession on the Fed.  This is a total failure of leadership.  The main difference is that Congress has failed to act on policy grounds, while the Fed’s decisions have been to some extent racist.  But the Republican leadership of Congress is certainly not morally unsullied.  They are just motivated by different biases than the Fed.  They are biased for whites and against blacks and Hispanics, while the Fed is biased in favor of Jews and against other races.   

Of course the Fed chair does not run the Fed’s Open Market Committee which votes on interest rates, but the chair and the vice-chair, both of whom are Jewish, have more influence over the vote than the other members.  I think CNBC today interviewed Dallas Fed Bank head Robert Kaplan, whom a website called NNDB says is a trustee of the Jewish Theological Seminary and the Jewish Museum of New York, as well a long time veteran of Goldman Sachs ; so, he also appears to be Jewish.  

Network - The Trump Movie

Anybody who wonders where Donald Trump’s support comes from should watch the movie “Network.”  The best known scene is when the lead character Howard Beale, a TV news anchor, has much of America screaming, “I’m mad as hell, and I’m not going to take this anymore.” This could be the theme of Trûmp’s campaign.

In the movie, Beale is thought to be having  mental breakdown, although he sees it as telling the truth on TV.  He has such power and appeal to the masses, because, like Trump, he has access to the airwaves.  His network uses his followers to build ratings until he rants against a huge media merger involving his network, much like the AT&T-Time Warner merger announced today, except that the buyer in the movie is a Saudi Arabian corporation.  The senior American involved in the deal persuades Howard to stop ranting against the corruption of American business and government and to support the merger because big business is good for America.  As Howard praises big business, his rating drop, and his bosses finally have him killed to get is low-rated show off the air.  

The media is responsible for Trump’s rise to the Republican nomination, because his candidacy has been good for ratings, mainly for cable news, but for mainstream networks as well.  On one hand the cable networks show Trump almost 24/7 because he drives up ratings.  On the other hand, their commentators spend hours railing against him as a politician and as a human being, filling the airwaves with invective, much like the bullying insults filling Twitter and Facebook.  Respected commentators like Wolf Blitzer, Andrea Mitchell, Charlie Rose, Joe Scarborough, and many others boil with righteous indignation against Trump, all the while driving up their ratings and putting money in their pockets.  While it often appears to be Jewish racial hatred against Trump for some reason, it may be just the establishment railing against the anti-establishment Trump, and it appears so because the American “establishment” is dominated by Jews.  (See Haim Saban on the cover of Businessweek.)

When Trump says the election is “rigged,” maybe he means it is rigged by the biased press, and maybe by the press he means Jews, who control much of the press -- TV, print, and online.  Clearly, redistricting Congressional districts by gerrymandering to make certain districts white, others black or Hispanic, and so on, are examples of rigged elections.  Blacks always rail against voting restrictions in the South, but the Jewish establishment does not accuse them of undermining democracy as it does Trump.  Why is it that liberal, Jewish, establishment attacks on “rigged” elections in the South promote democracy, but Trump’s attacks on “rigged” elections in other regions jeopardize democracy?  Only the liberat, bigoted, Jewish, establishment press can answer that question.  Could it be that they hate and want to destroy the conservative, redneck whites in the South?    It’s clear that elitist Hillary never cared for the whites in Arkansas, even when she was first lady, although her glad-handing husband Bill pretty much likes everybody, at least outwardly.  

Jews and Inequality 2

The growing inequality in America raises questions about race and ethnicity.  Usually this conflict is put in terms of blacks versus whites or Hispanics versus whites, but increasingly for me it is Jews versus everybody else.  Jews dominate Wall Street, and Wall Street is where the money is.  In addition to the overall inequality issue, there is the perception that financial manipulators -- bankers, hedge fund managers, real estate investors -- are doing much better than ordinary salaried people who work for a living.  The increase in financiers’ income accounts for much of the increase in GDP growth since the 2008 Great Recession.  Regular people are becoming worse off in comparison to Wall Street and Silicon Valley types, a disportionate number of whom are Jewish.     

On the Forbes 400 richest list for Americans, the first three are not Jewish: Bill Gates, Warren Buffett, and Jeff Bezos.  After them, however, come Mark Zuckerberg, Larry Ellison, and Michael Bloomberg, who are Jewish.  Next come two Koch brothers, not Jewish, but followed by Larry Page and Sergy Brin of Google, who are Jewish.  So, of the top ten richest Americans, half are Jewish.  Of the next ten, four are Jewish, and two are from the Mars family, which is so secretive I can’t tell whether or not they are Jewish.  In any case, at least nine of the top twenty are Jewish.  Considering that Jews make up about two or three percent of the population, making up 45% of the richest Americans seems disproportionate.  

It appears that Jews play a disproportionate role in inequality in the US.  They may be smarter, more expert at finance, business and technology, but society should even out the results somehow.  It should be fair to Jews and to the rest of America.  I don’t know what it would be, except higher taxes, including inheritance taxes.  Of course, rich people would just move to other countries where the taxes are lower, as businesses are doing now to escape corporate taxes.  Perhaps super rich people who move abroad could be banned from trading on the American stock markets, or from participating on the boards or American corporations, or some such measure to make it undesirable to leave the US.  

My concern with Hillary Clinton is that she has been captured by the wealthy Jewish community and will do what they want, despite the fact that she has said that she is in favor of higher taxes.  Bill Clinton had a number of prominent Jews in his administration, and I believe that he showed he will do anything they ask by repealing the Glass-Steagall Act restraining market speculation by banks, and by pardoning Marc Rich on the last day of his presidency.  Bill then said, “I did what you wanted, now take care of me.”  And they did.  The Clintons joined the super rich in a few years with the help of their Jewish friends.  These Jewish friends now believe that they can count on Hillary to do whatever they want.  She proved herself as Senator from New York, who with her fellow New York Senator, Jewish Chuck Schumer, proved herself one of the most supportive of the Jewish financial community in the US Senate.  New York is West Tel Aviv, and Hillary was its Senator.  

The other thing that worries me, besides Hillary, is the Federal Reserve Bank.  Every Chairperson of the Fed since 1979 has been Jewish, 37 years.  Currently, Janet Yellen’s vice chair, Stanley Fischer, is a citizen of Israel as well as of the United States.  He was  the governor of the Bank of Israel before moving to the US Federal Reserve.  In the Senate, 10 of 100 senators are Jewish (10%); in the House 19 of 435 congressmen are Jewish (4%).  Three of the eight Supreme Court justices are Jewish (37%).. Henry Ford, the founder of Ford Motor Company has been widely reviled as an anti-Semite, but he was very concerned about Jews and the banking industry, particularly their involvement in the Federal Reserve Bank.  One of his most famous quotes is, “It Is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”  He went on to write a book called The International Jew, which drew heavily from the Protocols of the Elders of Zion.  Ford was very concerned about the great power of Jews in banking.  While Ford may have had some personal hang-ups, I worry that the extreme financial inequality growing in the US is due to some extent to the prevalent role of Jews in the American financial industry.  The fact that Ford predicted this situation does not necessarily mean that he was right about the cause and effect, but there is at least prima facie evidence that he was right. Because the Federal Reserve has become a Jewish institution, and because Jews are so influential in the financial industry, I worry that there is collusion between the Fed and Wall Street that benefits many of the Jews involved.  .

Many Jews are good people, more honest and straightforward than the Christians and Gentiles that they work with.  Jews wrote both the Old and New Testaments of the Bible, but the Bible is full of warnings about not chasing after riches, indicating that this was already a problem 4,000 years ago.  We have Proverbs saying, “He that trusteth in his riches shall fall, but the righteous shall flourish as a branch.”  Jesus cast the moneychangers out of the temple, and said, “It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of heaven.”  This is not a new issue for Jews.     

While Jews should not be any more inclined to cheat than anyone else, I worry that they may.  I worry that so many Jews are lawyers.  Lawyers are basically people who find a way to get around the law.  The are supposed to be officers of the court, but they very rarely are.  For me, some bad examples are the fathers-in-law of the children of the two people running for President.  Clinton’s daughter, Chelsea, is married to Marc Mezvinsky, whose father, Ed Mezvinsky, is a convicted felon for political and financial corruption.  (Interestingly, Ed Mezvinsky’s Wikipedia page was blocked when I first tried to open it.)  This article in the Forward, says Hillary is avoiding Chelsea's husband, Marc, because he is a wealthy Wall Street financier who worked for Goldman Sachs and ran a hedge fund.   Chelsea has not converted to Judaism, but Donald Trump’s daughter, Ivanka, has.  Ivanka is married to Jared Kushner.  Jared’s father, Charles Kushner, has been convicted of making illegal campaign contributions, tax evasion, and witness tampering.  

I don’t know what to make of Donald Trump’s Jewish connections.  I would think that there is no more Jewish profession than real estate developer in New York City.  Many of Donald’s competitors must be Jewish, but he has succeeded.  Except for his son-in-law, Jared, none of them seems to support him.  On the other hand, Hillary has overwhelming Jewish support in New York City, much of it from the financial industry that she promoted when she was Senator from New York.  Hillary is the candidate of the Jews; she and Bill have sworn their fealty to them.  Hillary is a Johnny-Come-Lately to New York, while Donald has spent his whole life there.  Yet, Donald is appealing to non-Jewish voters outside of New York.  One explanation of Jewish support for Hillary is that Donald has actually accomplished some of the things he says in his self-promotion.  He has succeeded in the New York real estate business, despite Jewish efforts to displace him; they know him and fear him.  He is an obnoxious blowhard, but he has beaten them at their own game.  It’s interesting that much of the recent anti-Trump publicity has come from Howard Stern, a truly filthy, disgusting Jew.  It’s Trump’s fault for talking to Stern over the years, but they shared a passion of degrading women.  

The bottom line is that while neither Hillary nor Donald is Jewish, Jewish issues and Jewish people are at the heart of their campaigns.  American media is owned and dominated by Jews, from the network owners to the anchors.  After the last debate, on CNN's Wolf Blitzer was sitting with John King and Dana Bash, all three Jews, criticizing Donald Trump’s performance.  On NBC, Andrea Mitchell, who is Jewish, relentlessly attacks Trump and boosts Hillary.  Here’s a recent example from a conservative news site:  “Andrea Mitchell: No ‘Smoking Gun’ in Podesta E-Mails, He’s a ‘Victim.’”  The New York Times, which is owned by Jews, has come out full force for Hillary.  

Jews may have reason to worry about Donald Trump.  They’ve been here before.  In Germany and central Europe in the early 1900s, up into the 1930s, Jews became increasingly powerful, and income inequality grew.  You can see it by the fact that a huge number of museum quality art has been traced back to Jewish families who owned it before World War II.  These Jewish families were richer than the the national museums, holding much priceless art in their personal collections.  Eventually their oppression of ordinary citizens boiled over into the rise of Hitler.  Of course the Jews had lots of help from non-Jews in creating Hitler, but they were major players, by their insensitivity to the very income inequality that is sweeping the US today.  Jews worry that their insatiable greed will lead to a recurrence of what happened in Germany, and they see Trump as the evidence of that.  Thus the huge, racist outcry against Trump by the Jew-dominated media -- Bloomberg, the New York Times, ABC, NBC, CBS, CNN -- and in defense of Hillary Clinton and the Jew-dominated financial industry.  

This could hardly be a nastier campaign.  All the sex is bad enough.  Donald and Bill Clinton played a big role in bringing that to the public.  But this underlying racist campaign by Jews is less visible.  Jews are not racist in the same way or in the same degree that the KKK is racist, but they do believe that Jews are a superior race and that ordinary whites and blacks are inferior to them.  Because of that, Jews believe that they deserve to be in control of America’s money and power, i.e., inequality is the proper way things should be .  They think Hillary is the best chance to preserve and improve their status, which means continuing income inequality.  

Trump Tax 2

It sounds as if Trump’s $1 billion tax deduction was very unusual.  According to Fortune, it depended on his running his business as an S corporation, and on complex tax laws dealing with S corporation losses before 2002, when the provisions Trump used were eliminated.  They allowed an owner to personally take advantage of losses that were actually incurred by his creditors and suppliers.

I don’t understand the reasoning behind this provision, but apparently other people did not either, since it was later repealed.  I suppose it was something like bankruptcy law, allowing a company to stay in business that had incurred huge debts it could not pay.  Congress apparently decided (correctly) that this was too generous.

Trump Taxes

I am madder at Congress than at Donald Trump over the fact that he paid no income tax for eighteen years, as the NYT reports.  Rich people with so much income and so many assets should not be exempt from paying federal income tax.

I support the idea of bankruptcy and business deductions for losses, but they should be reasonable,  One problem with real estate is that property values are often unrealistic.  In general under tax law, depreciation is usually very accelerated, often more so in real estate, where properties often increase in value rather than depreciate.  So, basically depreciation as implemented is welfare for the rich.

Regarding carrying losses backwards and forward for 18 years, I ask how are those losses calculated and whether 18 years i the proper term.  You should be able to deduct losses, but those losses may be inflated by various tricks, by inflated or deflated appraisals, for example.  Eighteen years is arbitrary but reasonable.  Perhaps the time should be related to the time it took to create the asset that led to the loss.  Some tech companies go from boom to bust in fivee years or less; eighteen years seems too long for them.

In general when rich people talk about how much income tax they pay — 15%, 25% or 35% — the question is, “Of what?”  Rich people don’t get a W-2 that says how much they made.  They may take a share of the profits of a company, but there are a lot of judgment calls that go into determining what those profits are.  A company may take big deductions as expenses, making the bottom line profit small, while the actual value of the company increases much more than the bottom line would indicate.  If one invests in stocks. they may double in value in a year, but if you don’t sell them, you don’t pay tax on that profit until you do, maybe years later.  You made $100,000 profit in that year, but you paid no tax on it.  Other investments, like real estate, are treated similarly.  By the time they enter some income figure on their income tax, it has been substantially reduced by various types of welfare for the wealthy tax breaks.

America is an unjust country in which the middle class subsidizes the rich, much like share croppers, tenant farmers, serfs and slaves did in years past.  It’s not as bad, but the rich still oppress the poor, and more and more the rich oppressors tend to be Jews.  The Jews have assumed the “white man’s burden” of oppressing the poor.  The new masters of the plantations live on Wall Street and in Silicon Valley.

Jews and Inequality

As an old white guy, I’m worried about all of those “other” groups that are becoming prominent in the US, mainly blacks, Hispanics and Jews.  For some reason I don’t worry so much about Asians.  They seem to like America and fit better into American life.  Years ago I was concerned about the huge numbers of Vietnamese that came to the US after the Vietnam War, but I think that they have melded pretty well.  Jews could meld into white America even more easily that Asians, but they don’t want to.  They don’t want to assimilate.  Many will always be Jewish-Americans rather than just Americans.  Of course, because they can blend in so easily, there are probably many people of Jewish ancestry who don’t appear to be Jewish.  Both John Kerry and Madeline Albright were “outed” as Jews after they became Secretary of State.  There are probably many more like them.  But I must admit that I wonder if it really came as a surprise to them; I think they must have known something about their ancestry. 

I worry about the Jews because they appear to be behind the huge and growing income inequality in the US.  They have lots of help, of course, but they are in the center of the action because they dominate Wall Street and the American financial community.  Every chair of the Fed, including Janet Yellen, has been Jewish for over a generation, as well as most Secretaries of the Treasury, including Jack Lew, the current Secretary.  In a recent interview, Jamie Dimon, the head of JP Morgan Chase joked that most people think he is Jewish, when in fact he is Greek.  However, Dimon got where is by attaching himself to a wealthy Jew, Sandy Weill of Citibank and American Express, and Dimon’s wife is Jewish.  Weill and Dimon led the charge to repeal the Glass-Steagall limit on bank investment activities, which led to the greatest financial catastrophe in the US since the Great Depression.  Bill Clinton was the President who helped them repeal Glass-Steagall.  One of Clinton’s last acts as President was to pardon the Jewish financier Mark Rich.  It was as if he performed a fraternity initiation to prove his loyalty to the Jewish financial community so that they would support him and his Clinton Foundation after he left the White House, and they did.  Many of Hillary’s most generous campaign contributors are Jewish.  Chelsea’s husband is Jewish, and her Jewish father-in-law, a corrupt politician, is a convicted felon. 

Watching the movie, “The Woman in Gold,” and reading many articles in the New York Times about priceless paintings owned by Jews in Germany that were taken by the Nazis, I began to wonder how German and Austrian Jews became so fantastically rich in the 1920s and 30s.  In “Woman in Gold” the father owned a Stradivarius cello, and paintings by old masters, as well as the priceless painting that is the title of the movie.  Meanwhile, ordinary Austrians were having difficulty paying for food and other necessities.  This is the extreme inequality that Jews appear to have brought to the United States from Europe.  The callous disregard that Jews had for the Germans and Austrians living around them must have bred some of the animosity that Hitler played on when he rose to power.  You certainly don’t hear about this when Jews talk about the Holocaust.  They say Jews were the most perfect people in the world and there was no basis for any animosity against them.  Jews appear to believe that they are a superior race and that it is perfectly normal for other races – Germans, Austrians, and now Americans – to be subordinate to them.  I believe that Jewish contempt for other races was a factor leading up to the Holocaust.  Of course, it does not justify the Holocaust, but it does help explain why ordinary people were not more outraged about it.  Some ordinary Germans must have seen Jews as oppressors, rich men who would not loan much needed money to ordinary citizens, oppressors who ran businesses that paid low wages, landlords who charged exorbitant rents, etc.  Jewish financiers profited from World War I, and continued to profit from the onerous peace terms that were imposed on Germany when the war ended.  I realize that these sound like typically anti-Semitic comments, and they do track with those kinds of comments on the web, e.g., “The Reasons Historians call WWII a ‘Jewish Creation’” on Rense.com.  However, the US has certainly changed in the last twenty or thirty years.  Part of that is just the march of history, technological change, new generations with new interests and concerns, but it might also be partly due to the massive influx of Jewish refugees before and after WWII, who are now coming into their own politically and financially.