Trump Pump and Dump

A “pump and dump” scam is a method used by unscrupulous investors to take money from “get rich quick” investors. It was common in penny tech stocks during the ’90s, and is openly advocated by virtual currency (“E-coin”) investors today.

Pump and dump starts by sending the victims a notice that an asset is “ready to move.” A large purchase is placed to drive up market valuation. When the victims pile on to take advantage of the “opportunity,” the price continues to rise. The scammer sells back into the market, reaping profits. When the victims run out of money, the asset valuation returns to its original value, leaving the victims with nothing.

Now we might not be terribly sympathetic to the get-rich quick investors, but it is worth noting that Trump has a history of association with Mafia pump-and-dump operators. With him as president, they have a bold opportunity.

This one relies on the futures markets using a technique called a short-sell. Organizations wishing to secure the price of an asset will place an order today, taking the risk that the price will fall in the future. A virtual seller can reap a profit by taking the risk, hoping that the price will indeed fall so that they can buy the asset for less than the buyer paid for it.

As the futures markets have evolved, they have come to include almost every financial asset, include stock market exchanges.

Now imagine that you have a president that likes to make threats of trade wars. You notice that the market drops like a bomb on the day of the announcement, recovers for a couple of days, then tanks again when a new announcement is made. Investors that know the timing of the announcements can short the index, reaping profits each time the market falls.

Of course, we don’t need such imagination. We have such a president, who excels at saying alarming things that destabilize markets. Now add his association with mafia market manipulators, and you have to wonder…how much money is his family making (including the Kushners) each time an announcement is made? How much money is Carl Icahn making?

President on the Couch

It was obvious during the second Bush presidency that Jr was working out his father-figure-issues in the Oval Office. He was fortunate to have a mother and wife experienced in managing fragile men, and it wasn’t until retirement that he began to paint pictures of himself in the bath tub.

As we watch ethics and legal issues whittle down Trump’s inner circle, we are seeing a narcissist exposed to the world. Trump lacks the resources of the Bush clan. He’s going to have a psychotic break.

Heaven help us.

RNC Half-Lives

The GOP caucus in the Senate has indicated that it is unwilling to defend Special Counsel Mueller from attacks by the Trump Administration.

Why? Why stand up for the most unpopular president in the modern era?

Because the Russians didn’t just hack the DNC. They also hacked the RNC. And I’m certain that when those e-mails are released, we’ll discover that Priebus and Giuliani and the rest were engaged in selling out the American public to the global community of elite money-launderers. How do we know this? Because it isn’t an isolated incident. The Supreme Court’s Citizen’s United decision, authorizing unlimited campaign spending by corporations under the ruse that they were “persons” with protected free speech rights, was a narrowly partisan decision (Republican appointees over-riding Democratic appointees). And it covered for the fact that the U.S. Chamber of Commerce had been funneling illegal foreign money (primarily Chinese) into GOP coffers for years.

I’m certain that Mueller, in possession of thousands of Trump Transition e-mails, is already pursuing those links. We’ll see probably not only collusion with Russia and other foreign interests, but also collusion with the GOP Congressional Caucus in criminal misuse of government funds for political purposes in the Benghazi and Clinton e-mail server investigations.

The Congressional delegation isn’t fighting for Trump. They’re fighting for their Party. They’re fighting for their jobs. Jobs financed by foreign corporations whose only interest in American politics is that they gain a profit from their investments.

Stranger bed-fellows we have never seen. There’s no point calling them “low-life.” Their life expectancy is too low.

Maybe, in fact, they’re already dead, in the sense that they’ve sold their souls for power.

Maybe this is what the Zombie Apocalypse actually looks like. Not the undead wandering around mumbling “Brains…brains…” but “Rubles…yuan…”

Circumstantial Racism, Universal Exploitation

Ta Nehisi Coates rails against White racism in his analysis of Donald Trump’s ascendancy to the Oval Office. That racism is characterized as a universal Caucasian affliction, evident even in the policies of the Clinton White House. Coates cites welfare reform and mandatory sentencing as reasons that Hillary Clinton did not command black loyalty as did President Obama. That these policies are color-conscious only in the pattern of their enforcement reveals Coates’ own racism.

In his analysis of the root causes of white supremacist logic, Coates hits closer to the truth. In the face of economic exploitation (whether as white indentured servants or black slaves, whether living in company towns or struggling to survive as share croppers), the pride of the impoverished whites was preserved by their social superiority to blacks, Hispanics and Asians. Any policies intended to even those disparities opened a yawning pit of debasement under the feet of the white electorate.

It is this fact that Republicans have used to solidify their control of that constituency. The stark evidence is seen in the exclusivity of the staff in Speaker Paul Ryan’s office. Not a colored face among them.

So Coates takes a step backwards, and argues that the true root of racism is capitalism. This is an error, as the seat of slavery in America was in the agrarian South. With this fact, we should recognize ‘capitalism’ as a stand-in for ‘exploitation.’

Exploitation is a universal phenomenon that manifests as deforestation, water pollution and global warming. It is consumption of resources without consideration of costs to our neighbors or descendants. It is a phenomenon seen in every hierarchical culture on earth, not excluding any race, ethnicity, religion, or economic framework – and in fact driving internecine conflict that belies any attribution to those causes.

Given that universality, Coates’ calls for retribution against those that celebrate those causes (such as those co-ethnic to slave-holders in America) are counter-productive until we can demonstrate a political and economic framework that mitigates against exploitation. Without it, we are simply adherents to the ancient policy characterized satirically by:

The beatings will continue until morale improves.

Mueller to File Lewd Conduct Charges

Pursuant to his remit to investigate “Russian interference in the 2016 election, and matters that arise directly” from that investigation, Special Counsel Bob Mueller is planning to file charges against President Trump for “grabbing government by the pussies.”

This blogger has obtained the case brief. Exhibits include:

  • Public scraping and bowing at Cabinet meetings. Obviously unhappy with the proceedings, none of the Cabinet members had the balls to resign. Pussies!
  • Paul Ryan exonerating obstruction of justice with the allowance that the President is “new to his job.” Pussy! New neurosurgeons will be relieved by a precedent that establishes a defense against malpractice: “Yes, I shouldn’t have cut the spinal cord, but I’m new to my job.”
  • Mitch McConnell promising that the Senate will empanel all of Trump’s judicial appointments. We wouldn’t want to have a robust system of checks and balances to protect our citizens from government bullying, now would we? Pussy!

Compromising Positions

Last night, I finally shook out of the Congressional leadership the reason for their passivity regarding Trump’s malfeasance. They are confident that he is going to destroy his presidency. They want Pence as president, because Pence is a committed partisan of Ryan’s domestic policies. And they want to secure control of Trump’s blue-collar base by blaming the Democrats for the failure of his Administration.

Trump’s attack on Comey undermines the second goal: Comey was the alt-right’s hero for his take-down of Clinton. By attacking Comey, Trump begins the alienation of his base – a base that hates with a purple passion the Washington establishment led by Ryan and McConnell.

And Pence may no longer be a viable president. Currently, the national security community is focused on the possibility of compromat, the use by Russian intelligence services of financial and social relationships to entrap their targets into the commission of treason. The US has its own culture of compromise, though: organized crime. Trump was tutored in business by a lawyer who moved in organized crime circles. Trump’s cabinet selections are almost universally people with ethical clouds in their pasts. Trump has surrounded himself with such people because they are malleable – he can use their history to command their loyalty.

In The Godfather, Michael Corleone aspired to federal office before chaos in the family’s empire force him to assume criminal control. Trump may not have been born into the Mob, but he is a student of its methods. Worse, he may beat back opposition by drawing upon the Mob’s knowledge of transgressions by federal office-holders, in much the same way that Edgar Hoover secured his control of the FBI by threatening politicians with exposure to secrets uncovered by the FBI.

Even if Ryan and McConnell weather the storm of Trump’s self-destruction, when the full story is gathered together by historians, they will emerge as the most craven of the cowards of this ear.