What If All Elizabeth Warren’s Plans Fail?

Elizabeth WarrenIn a recent interview, Elizabeth Warren was asked by Ezra Klein what she could do if Republicans maintain control of the Senate and she can’t get any of her plans through Congress. (And let’s be honest: even if the Democrats do gain control of the Senate, she may have problems because the Democratic elites are still far to the right of the party itself.) Her answers were good — discussing the importance of putting people in charge of federal agencies who actually believe in their missions.

But she didn’t mention the single most important reason that presidents have a profound effect on the economy: the Federal Reserve Board. This is something I discussed years ago, Why the Economy Does Better Under Democrats. It was based on an article by economist Mark Thoma where he explained why, since World War II, the economy has done much better under Democratic than Republican presidents. There are a number of reasons for this but control of the Fed is one that the president has complete control over.

Trump’s Policies

I suppose I should clarify a few things. The economy has done fine under Trump. But that appears to be due to the tremendous amount of slack in the economy. Most of what Trump has provided has only hurt it: tariffs and political uncertainty. Even the tax cut was designed so as to have a minimum effect on the economy in the short-term.

One place Trump has complained (rightly so) is that the Federal Reserve has been raising interests rates and thus slowing the economy. The reason for this is that the Fed chair, Jerome Powell, believes that we are on the verge of an inflation spiral. It’s funny because this is pretty much what all the establishment types have been thinking for half a decade.

But it’s Trump’s own fault. He could have appointed a Fed chair that would have pursued the kind of expansive monetary policy Trump wants. But like the judges he nominates, Trump has no idea who to nominate to the Federal Reserve. So he just listens to the establishment Republicans that he surrounds himself with. Actually, we are lucky we got Powell. He’s really no different from the last Fed chair, Janet Yellen. It really raises the question of why Trump replaced her. But I think the answer is clear: he thought he was getting something different.

Warren’s Choices

Unlike Trump, Elizabeth Warren knows stuff — especially when it comes to the economy. I don’t expect she would make radical appointments to the Fed. But she would know what she is doing. And the monetary establishment might think her appointments were radical. I know she wouldn’t appoint the kind of hard-money zealots that conservatives prefer.

And she’s right that her policies and appointments will make a huge difference. Putting someone in charge at the EPA who will clamp down on polluters will mean corporations have to spend some of their profits on mitigation — you know, forcing them to employ workers rather than simply making the rich even richer.

Additionally, she can help our economy by reversing many of Trump’s policies like his tariffs — and threats of tariffs.

Elizabeth Warren has a plan in case Republicans stymie all her legislative plans. She can use executive power to make the world better — just as Trump has used it to make it worse.

Betty Hutton

Betty HuttonI’ve gotten into the habit of posting little things that occur to me on Facebook. But I’m in the process of leaving Facebook. It really is an evil dump. And it bugs me that I’m creating free content for it.

Few songs feel me with so much energy as “Murder, He Says” written by Frank Loesser and Jimmy McHugh for the film Happy Go Lucky (1943). It is sung by Betty Hutton who co-starred in the film.

Hutton was never what I would call a movie star. Her focus was more on live performance although she had a number of hit records like the Hoagy Carmichael song Doctor, Lawyer, Indian Chief. If you watch the video for that song, you can tell that Hutton was something of a goof.

Her biggest success was probably in the title role of Annie Get Your Gun — a role she was born to play. I’m just not that fond of musicals like that anymore. (I loved them when I was a kid!)

The Miracle of Morgan’s Creek

The film I most associate her with is The Miracle of Morgan’s Creek (1944). It was one of the handful of Preston Sturges classics made during World War II. In it, Hutton plays a classic girl who can’t say no. She wakes up one morning having remembered that she married a soldier the night before but can’t remember his name (except that it had a “z” in it). Later, she learns that she is pregnant.

The film is a maze of absurdities in its attempt to justify what everyone watching knows is about premarital sex in the age of the Hays Code. If you get a chance, you should watch it. The plot doesn’t make much sense. But Sturges’ dialog is as witty as ever and Betty Hutton is her usual effervescent self.

Murder, He Says

Here is Hutton performing “Murder, He Says” for the troops:

Censorship Is for the Censors: Cannabis Edition

CannabisCannabis[1] is legal in Canada and quasi-legal in places in the US. Yet in the not too distant past, people spent a decade or more for cannabis possession. Even today, you can spend up to 20 years if the police claim you are distributing.

Whether cannabis is a great evil or no big deal depends upon when and where you are. I recently discovered that there are now cannabis affiliates programs. These are effectively advertising programs. For example, if you had a cannabis-related website, you could advertise for a seed or accessory (or, depending upon where you live, cannabis by mail) company and get a percentage of the sale.

Cannabis Goes Mainstream

If you want to get an idea of how this works, check out THCaffiliates.com. It is a very professional site that connects website owners to affiliate programs that they can use.

What I find really interesting about this is just how mainstream this has all become. Cannabis is just another commodity.

To be clear: I have no problem with this. Cannabis is just another commodity. But it is telling that cannabis was once a major boogieman in even more enlightened areas.

In Ceremonial Chemistry: The Ritual Persecution of Drugs, Addicts, and Pushers, Thomas Szasz argued that modern drug laws were no different than previous witch laws in the west. It seems society always needs some foil and since tackling real problems is hard, we just make up problems.

Censorship Broadly

This all had me wondering just what the point of these laws is. And I’m not even particularly interested in the drug laws specifically. I’m more thinking of classic censorship of art.

Because of all my writing about film, I constantly run into something strange in the United Kingdom. They don’t have a First Amendment there so it is far easier to censor films.

For example, when Tobe Hooper’s Eaten Alive came out on video in 1982, it was banned. Just ten years later, it was allowed with 25 seconds cut from it. Eight years after that, it was released in whole.

Once “unwatchable,” Eaten Alive is now passe (but totally awesome).

I see this again and again and again. The difference between something that will “destroy the youth of today” and something that is acceptable or even lauded is a few years. What’s up with that?!

Remember back in 1985 when Tipper Gore got the whole nation freaked out about nasty lyrics in pop songs?[2] There is no proof that the Parental Advisory Stickers actually worked to “protect the kids!” But they sure made middle-class parents like Gore feel better.

Highlights of the PMRC hearings.

Censorship Is for the Censors

And that is the point. Censorship is about making the censors feel better. It wasn’t film-lovers who changed their minds about Eaten Alive after ten years; it was the censors. By then, the stuff in the film was so common it no longer scared them.

And that brings us back to drugs. In the early 20th century, the Federal Bureau of Narcotics looked at making caffeine illegal. They quickly found that its use was so ubiquitous that it was impossible. It’s pretty hard to censor something that everyone is using.

I hope that right now you are taking a long and perfectly legal hit of cannabis.

[1] The word “marijuana” comes from Mexican Spanish for cannabis. It became the default in the United States because Harry Anslinger popularized it in his efforts to make it illegal as head of the Federal Bureau of Narcotics. The idea was to associate it with Mexicans and turn the public against it. This has always been the approach to making drugs illegal from the first anti-drug law in the US in San Francisco where opium dens were made illegal to keep white women safe from those evil Chinese men. Racism is the surest way to get people on board for your small-minded cause.

[2] Note that there wasn’t a law just as there wasn’t a law during the horror comics freak-out of the 1950s. Instead, a bunch of powerful people just bullied the recording industry into self-censorship.