Kamala Harris corrupt

Politics of the Next 4 Years – Part 2 (Last Chance for the Democrats)

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In yesterday’s post, Politics of the Next 4 Years – Part 1 (Rise of the ‘Dirtbag Left’), I discussed the fact that a very potent grassroots movement has emerged to the left of corporate, neoliberal Democrats. This self-described “Dirtbag Left” and its allies have the potential to not just drive the Democratic Party into extinction, but also ultimately challenge Trump on the national stage. Although I’m not a Democrat or a leftist (I’m not a Republican or conservative either), I welcome this development for a number of reasons.

First, if economic populism becomes aggressively embraced by those who lean left, it will force Trump to become genuinely populist on at least some issues in order to compete in 2020, as opposed to the fake populism he has enthusiastically embraced since the election. Second, it will present corporate Democrats with a choice, either “bend the knee” as the folks at Chapo suggested, or die. Nobody believes in neoliberal ideology other than donors and their corporate media spokespeople. The entire thing is a discredited failure and isn’t coming back. As such, today’s post will explain why this is the last chance for the Democratic Party.

The political world was abuzz yesterday with chatter related to Charles “Chucky” Schumer’s op-ed in The New York Times in which he suddenly proclaims himself an economic populist, and disingenuously claims the Democratic Party has somehow changed. It consisted of many comforting phrases, but I wouldn’t believe a single line of it until I see actual action on the ground. It’s easy to talk a big game when you have zero power, but talk is cheap, as we all should have learned from both Barrack Obama and Donald Trump.

Before I get into some specifics about what I think all of this means, let’s take a look at some excerpts.

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Wall St. Moves to Consolidate Power Over Democrats as the DNC Posts Disastrous Fundraising Numbers

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Poor fundraising by the Democratic National Committee (DNC) has been a reality for much of this year, and the trend continued in June. The Hill reports:

The Democratic National Committee (DNC) added $200,000 to their now $3.3 million debt in June, according to the most recent Federal Election Commission report, falling further behind Republican fundraising efforts.  

The Republican National Committee (RNC) outpaced the Democrats in fundraising in June by over $8 million, raising a staggering $13.5 million compared to the DNC’s $5.5 million. 

Unlike the Republican debt-free committee, the DNC typically goes into debt during election seasons, but it currently remains far behind the GOP financially. 

The DNC has only $7.5 million on hand, after a string of losses to Republicans in special congressional elections, including the race for Georgia’s Sixth District, which broke fundraising records to become the most expensive congressional race of all time. The RNC has $44.7 million in cash on-hand, according to the filings. 

Of course, this shouldn’t come as a surprise given the sleazy way the DNC handled last year’s Democratic primary, in which key players including head Debbie Wasserman-Schultz, stacked the deck against Bernie Sanders in order to promote one of the worst Presidential candidates in U.S. history.

Moreover, the Democrats’ Russia obsession isn’t doing them any favors amongst the public, which rightly cares more about issues that affect their every day lives versus what Vladimir Putin ate for breakfast.

Indeed, the following graphic sums it up perfectly:

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Steven Mnuchin Donated to One Democrat in 2016 – The Woman Who Declined to Prosecute His Bank

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Wednesday’s post, Donald Trump Has an Enormous and Very Dangerous Wall Street Blind Spot, highlighted the fact that the bank run by Trump’s Treasury Secretary nominee, Steven Mnuchin, was given a pass by California attorney general Kamala Harris, despite the discovery of over a thousand legal violations. Kamala Harris has since been (s)elected to the U.S. Senate.

Let’s recap some of what we learned:

In the memo, the leaders of the state attorney general’s Consumer Law Section said they had “uncovered evidence suggestive of widespread misconduct” in a yearlong investigation. In a detailed 22-page request, they identified over a thousand legal violations in the small subsection of OneWest loans they were able to examine, and they recommended that Attorney General Kamala Harris file a civil enforcement action against the Pasadena-based bank. They even wrote up a sample legal complaint, seeking injunctive relief and millions of dollars in penalties.
 
But Harris’s office, without any explanation, declined to prosecute the case.

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