Matt Taibbi wrote a very good rant on Thursday, Campaign 2016: Hillary Clinton’s Fake Populism Is a Hit. But I’m not sure he’s quite right to write off Clinton as a fake populist. I think the arguments against her could have been levied against FDR. Now I’m not saying that Clinton will actually turn against her class once she is president. In fact, I don’t think she will. She seems to be a total neoliberal, and if she wins the presidency, she will be the third New Democratic president we’ve had in a row. And sadly, in as much as the American voter notices, it doesn’t seem to care.
The real problem is buried in one thing that Taibbi focused on: the carried interest loophole — that bit of the tax code that allows people literally making billions of dollars to pay only a 15% tax rate. He commented facetiously, “Raise your hand if you really think that Hillary Clinton is going to repeal the carried interest tax break.” Anyone raising their hand it a complete idiot. As he noted, Obama promised to get rid of this loophole in 2008. And 2012. Yet the loophole has been around for thirty years. It ain’t going nowhere.
And the reason is clear as day. There are rich people who benefit greatly from this loophole. Some of them give massive amounts of money to the Republicans and some give massive amounts of money to the Democrats. And no national politician is going to forego that money that benefits them directly to do something that would be good and fair for the country as a whole. Now if the electorate stands up and demands something be done, it will be. Or if the electorate stands up and demands that we get money out of politics, it will be done. But otherwise: forget about it.
I’m tired of hearing about the “invisible primary.” Why don’t we just call it what it is: the money primary. The mainstream media is so corrupt that they define a “viable” candidate to be one that is able to raise a lot of money. But here is something that is almost never mention: money doesn’t matter that much in the general election. Jonathan Bernstein recently wrote, “Believe it or not, general-election presidential campaigns are where political spending matters the least.” So we’ve been sold this bill of goods about the importance of money. But all that does is give people with a lot of money that much more influence over our politics. Thank you, neutral press corps!
Just the same, I don’t agree with Taibbi’s larger point. I don’t mind Clinton’s pandering. The fact that she is reciting a “medley of Elizabeth Warren’s greatest stump hits” is a good thing. As Ezra Klein has written a lot about in the past, what politicians say really does matter. The fact that she is talking in a more populist way doesn’t mean she will get rid of carried interest loophole. (And even if she wanted to, I’m not sure Congress would go along.) But it does mean she is more likely to be somewhat more populist and somewhat less neoliberal than she would have been had she won in 2008. The problem is the system, not Hillary Clinton.
Timothy B Lee over at Vox yesterday, wrote a very neutral discussion of TPP, 
Fahd Ballan was a Syrian folk singer. I don’t know much about him, except that he was extremely popular in his day — both as a singer and as an actor (although I can find no record of his acting). He worked with the great Arabic composer and musician Farid al-Atrash in Egypt.
On this day in 1772, the economist David Ricardo was born. In Mark Blyth’s book,
Even though my background and training are in the sciences, most of my friends are more humanities kinds of people. That’s probably because science for me is just one interest. It is not dominant. If I had to choose science or literature, I’d probably pick literature. But it bugs me that pretty much no college graduate I know took calculus in college. The reason is because calculus is college level math. But because our educational system is so very bad at teaching math, that the whole system has been adjusted so that people get out of college taking just a semester of algebra or statistics. And that’s sad because math is as varied and wondrous as English literature. These students lose out.
To examine American policy in the Middle East is to reveal the rationality of US support for Israel. A proxy state, Israel aids America’s longstanding effort to control the world by controlling oil.
I was out in the front yard earlier today pulling weeds. Really, the place is starting to look like an abandoned house. And given how often I leave the house, there is something to that. Never leaving is not much different from never coming. But it is remarkable that there is so much growth going on when there is so little water. I’m been worried about the water situation here in California since I was in seventh grade when we had a big drought. Not that I minded it at the time — it meant that I didn’t have to get naked in front of a bunch of boys to shower after PE. But ever since then, I’ve seen California is always on the verge of turning into a desert.
Leave it to a business “guru” to ruin and totally misunderstand a great movie. Yesterday, while doing a Google search to go along with my article for 

On this day in 1937, the first appearance of Daffy Duck was made in the Looney Tunes short, “Porky’s Duck Hunt.” In those early shorts, Daffy is a much more likable character. He’s kind of like Bugs Bunny, but absolutely insane. He’s also a lot more like a real duck. I find him quite charming. And this sets up a long collaboration with Porky Pig. Although in subsequent shorts they are more friends or, as was more true later on, Daffy was often trying to con the trusting Porky. My favorite is “Fool Coverage” where Daffy sells Porky accident insurance that will pay a million dollars, “Provided the accident occurs as the result of a stampede of wild elephants in your own living room, on the Fourth of July — of any year — between the hours of 3:55 and 4:00 pm, during a hailstorm.” Which of course is exactly what happens.
Last week, Francis Pusok was
You may have forgotten that Big Chicken was considering a campaign for president of the United States. (Certainly, the United States had.) You may be thinking to yourself, how can anyone run for president when his stance on every public issue has to begin with the phrase, “To the best of my recollection…”? You may ask yourself, hey, isn’t this the guy whose former aides are currently singing the Alleluia chorus to various grand juries? But he’s back now with some bold thoughts about the country’s “entitlement crisis,” and it is clear that Big Chicken has signed onto granny-starving in a big way. Oh, dear Lord, Joe Scarborough and David Brooks are going to be fighting over who will be first to touch the hem of his garments.