Trump
Assessment and Corruption of the U.S. Presidential Election Process
by Victor Sperandeo with the Curmudgeon
Disclaimer: As stated in previous
blog posts, the Curmudgeon will not vote for Trump, Cruz, Clinton
or Sanders.
All opinions expressed herein
are those of Victor Sperandeo. The
Curmudgeon has added documentation and references in several sections of this
post, especially those related to Super-delegates who could easily corrupt the
people's choice of Democratic Presidential nominee.
Introduction:
Let's first examine the fear
or hatred of Donald Trump by the Republican establishment and if it's
warranted. Next, we discuss why and how
the 2016 presidential elections are lessons in under-handed tactics being used
by both parties to control the election process. Then we ask if the two major political
parties are really different and provide an answer from a prestigious
professor. Finally, Victor's conclusion
and a closing quote from one of our US founding fathers.
Trump Bashing by the GOP
Establishment:
The attacks on Donald Trump
by his OWN REPUBLICAN PARTY seem truly amazing.
First, there was Mitt Romney's scathing, scorched
earth remarks which eviscerated the Republican front-runner as lacking the
temperament, business record and substantive policies to occupy the White
House.
“If we Republicans choose Donald Trump as our nominee,
the prospects for a safe and prosperous future are greatly diminished,” Romney
warned, speaking at the University of Utah in Salt Lake City on March 3rd.
Meanwhile, the highly
acclaimed "NATIONAL REVIEW" magazine had 22 well known (Neo?)
Conservatives on a cover story titled "Against
Trump" which concluded with this paragraph:
“Some
conservatives have made it their business to make excuses for Trump and duly
get pats on the head from him. Count us out. Donald Trump is a menace to
American conservatism who would take the work of generations and trample it
underfoot in behalf of populism as heedless and crude as the Donald himself.”
I'm not a Trump backer, but
I'm intrigued with the extreme fear and hatred of this legitimate candidate by
the GOP establishment!
Is Trump a Conservative?
One of the biggest rational
critiques of Trump is that he is not a conservative. Is that true or just a talking point by the
GOP establishment to lower his status with Republican primary voters?
A conservative standard has
to be based on a reference point. The
primary standard by which I would judge a conservative is adherence to the US
Constitution. The dictionary definition of Conservative is as follows:
"Conservatism
as a political and social philosophy promotes retaining traditional social
institutions in the context of culture and civilization. Some conservatives
seek to preserve things as they are, emphasizing stability and continuity,
while others, called reactionaries, oppose modernism and seek a return to
"the way things were.”
"There
is no single set of policies that are universally regarded as conservative
because the meaning of conservatism depends on what is considered traditional
in a given place and time. Thus conservatives from different parts of the
world—each upholding their respective traditions—may disagree on a wide range
of issues."
With this definition, and
by my standard, there is no one who is conservative in the GOP!
Trump's (Positive)
Conservative Positions:
Let's now examine Trump's Conservative
positions from his book "Crippled America," as they are
consistent with what he's said publicly.
· Immigration:
Build a wall on the Mexican border and abide by legal immigration laws,
i.e. “take back our country.”
· Foreign Policy:
US to be so strong that "nobody will mess with us." Build up
the military to do this.
· Education:
End "Common Core" - a Federal Government sponsored program
that is the opposite of conservative, in my view. [It is an effective $50 million bribe from
the Federal Government to each State who accepts it to have their children
taught by a government written curriculum that is unchangeable, as it has a
copyright.]
· Energy: "Climate change is a lot of hot air," according to
Trump. He wants to develop energy of all forms.
· Health Care:
"Health Care is making us all sick,” Trump said. He is for
competition among insurance companies, but does not want to allow people who
don't have health care to suffer without it.
· Aggressive Tax Cuts:
Yes, but maintain social programs.
That's been the GOP's position since Nixon. Trump wrote in Crippled
America:
"Our government needs to employ a strong
adherence to the Constitution and maintain social programs that inspire and
reward achievement and that are constantly accountable for their spending and
outcomes."
This principle is not
conservative, in reference to the Constitution, but it's what the GOP has
accepted and is 100% what every GOP candidate stands for today.
Curmudgeon Note: From a
December 22, 2015 Wall Street Journal article titled: Analysis of Trump’s
Tax Plan Shows Big Cuts in Taxes, Federal Revenue (on line subscription
required):
“Donald
Trump’s tax plan would cut federal revenue by $9.5 trillion over a decade and
boost the after-tax incomes of the wealthiest households by an average of more
than $1.3 million a year, according to an analysis released Tuesday. The Republican presidential candidate’s
proposal would lower income tax rates and exempt millions of low-income
households, requiring significant new borrowing or unprecedented spending cuts
beyond anything Mr. Trump has detailed in his campaign.”
…………………………………………………………………………………………….
Other Conservative
positions of the Donald:
Note 1. From the second
amendment text: “A well-regulated militia being necessary to the security
of a free State, the right of the People to keep and bear arms shall not be
infringed….”
In essence, Trump is among
the most Conservative of all candidates (along with Ted Cruz and drop-out Rand
Paul).
Comments on Other Trump
Positions:
What's not so conservative is
Trump's position that our “crumbling
infrastructure needs repair.”
“We’ve spent $4 trillion trying to topple various
people,” Trump
said. “If we could’ve spent that $4
trillion in the United States to fix our roads, our bridges and all of the
other problems — our airports and all of the other problems we’ve had — we
would’ve been a lot better off. I can tell you that right now.”
Opinion: This is a
federal government program that should be left to the states.
.……………………………………………………………………………………………………
Trump's contributions to
liberal or progressive politicians is what 100% of all big business' do to gain
access and influence within a political party.
This is a ridiculous criticism of Trump as it shows the problem is
with the political “pay for influence” system; not one man.
Opinion: Because Trump
does not take campaign contributions, funds himself, and thereby is not bought
by anyone, he is not CONTROLLED. Therefore,
he's way ahead of every other candidate in principle (he can't be bought).
Trump's Negatives:
Here are a few of negative
qualities I've observed from Trump:
--> I'm sure I've missed
some, but those above are the major Trump negatives I've seen to date.
Corruption of the US Presidential Election Process:
A recent example of political
corruption is Colorado deciding the Republican nominee by the insiders
choosing the delegates2 to the convention, rather than
the people at the Colorado Republican caucus.
Note 2. A delegate
votes for a political party's presidential nominee at the party conventions. In
July, 2,472 of them will rally in Cleveland, OH for the Republican convention,
while 4,765 delegates will meet in Philadelphia, PA for the Democrats. Delegates are supposed to vote according to
the results of the Presidential primary or caucus held in their state.
Trump
has blamed a "corrupt" election system for complicating his
path to the Republican nomination as noted in this US News article
(there are many more).
…………………………………………………………………………………………………………...
Opinion: Trump should
know the rules of each state, but it's not the rules per se, as the parties are
more like private clubs and do what they wish.
It's the hiding and changing of the rules without the public's
knowledge that is corrupt.
The people are a part of the
election, but not always the nomination process. It is the establishment leaders -the insiders
-who control their political party and call the shots. The insiders, in turn, are controlled by the
huge money interests. They are the real
power and are the “behind the scenes control rods” for their respective
political party.
Democrats Corruption via
Super-delegates:
A "Super-delegate"
is an unelected delegate (in reality, an “appointed insider”) who is free to
support any candidate for the presidential nomination at the party's national
convention. It's the structure that's
used to effectively determine the presidential nominee of the Democratic
power.
These so called
“super-delegates” will cast 714 votes of 4,765 votes. Super-delegates comprise approximately 15
percent of total Democratic convention delegates, and 30 percent of delegates
needed to win the party’s nomination.
The key point is that they
are not committed so can vote for Hillary Clinton no matter what the public
votes are in their state's primary election or caucus. A glaring example illustrating this is the
Wyoming Democratic caucus. Bernie
Sanders won the popular vote by 12%, but Clinton scored four more super-delegates.
During a recent MSNBC's
“Morning Joe” talk show, co-host Mika Brzezinski explained
that Sanders defeated Clinton 56 percent to 44 percent Wyoming, his eighth win
in the last nine nominating contests.
Indeed, Bernie Sanders has won eight of the last nine primary contests
by double digits, but Clinton still came out on top with more delegates. Can you believe that?
“Why does the Democratic party even have voting booths?
This system is so rigged,” Joe Scarborough said.
“We always talk about voter turnout and how it
important is to do your duty as a citizen. There’s absolutely no reason any of
those people voted,” Brzezinski added.
“These are the rules,” said Mark Halperin
of Bloomberg News. “It’s not rigged.”
We beg to differ! The
Democratic Party’s “Super-delegate system” has come under harsh condemnation in
this election for being thoroughly undemocratic. This unelected party nobility,
which overwhelmingly backs Hillary Clinton, entrenches establishment politics
and can undermine the candidate democratically chosen by the party’s mass base.
Debbie Wasserman Schultz, the
chair of the Democratic National Committee (DNC) and a close ally of Clinton,
has herself openly
admitted that the super-delegate system exists to undermine grassroots
democracy within the party.
In a Feb. 11 interview, CNN’s
Jake Tapper asked DNC chairwoman Wasserman Schultz, “What do you tell voters
who are new to the process who say this makes them feel like it’s all
rigged?”
“Unpledged delegates exist really to make sure that
party leaders and elected officials don’t have to be in a position where they
are running against grassroots activists,” she explained, in a moment of
shockingly blunt honesty. Watch the
video clip here.
Bottom line: Super-delegates can change the candidate they endorse at a later stage in the
primary, and do not have to
officially decide until the Democratic National Convention in July. Even if
Sanders gets more of the popular vote in the Democratic primaries, there is
still a very real possibility
that the unelected party elites make Clinton the Democratic Party’s nominee
instead.
Are the Political Parties Really Different?
Not according to Carroll
Quigley who attended Harvard University, where he studied history and earned
BA, MA, and PhD degrees. He taught at
Princeton University, at Harvard, and then from 1941 to 1976 at the School of
Foreign Service at Georgetown University.
In a book titled Tragedy
and Hope, this very
prestigious researcher and
professor wrote:
“The argument that the
two parties should represent opposed ideals and policies... is a foolish idea.
Instead, the two parties should be almost identical, so that the American
people can throw the rascals out at any election without leading to any
profound or extensive shifts in policy. Then it should be possible to replace
it, every four years if necessary, by the other party which will be none of
these things but will still pursue, with new vigor, approximately the same
basic policies."
Prof Quigley's point is that
the two political parties are simply identical.
The elections are equivalent to a "Wrestle Mania extravaganza"
of picking a President.
As Quigley wrote in Tragedy
and Hope, page 324:
“The
powers of financial capitalism had [a] far-reaching aim, nothing less than to
create a world system of financial control in private hands able to dominate
the political system of each country and the economy of the world as a whole.
This system was to be controlled in a feudalist fashion by the central banks of
the world acting in concert by secret agreements arrived at in frequent private
meetings and conferences."
Conclusions:
When evaluating the
presidential candidates, readers should ask themselves this question:
Who as President has the greatest chance
to change the direction of the country back to liberty and away from the money
based controlling interests which exist today?
The literal day by day
deterioration of the US and the world is because governments are controlled by
political elites and the establishment. Their "power" comes from the
politics of rigged elections, which put people in control of the system against
the interests of the bulk of the citizens.
…………………………………………………………………………………..
Let's
end by considering that in parties (as in men);
those of honesty and integrity make rules before the fact of an election, not
after the fact. As Thomas Jefferson so beautifully
put it in A Principle of the Traditional American Philosophy -- Fear of
Government-over-Man:
"In questions of power,
then, let no more be heard of confidence in man, but bind him down from
mischief by the chains of the Constitution" - Thomas Jefferson
(Kentucky Resolutions)
Good luck and till next time...
The
Curmudgeon
ajwdct@sbumail.com
Follow the
Curmudgeon on Twitter @ajwdct247
Curmudgeon is a retired investment professional. He has been
involved in financial markets since 1968 (yes, he cut his teeth on the
1968-1974 bear market), became an SEC Registered Investment Advisor in 1995,
and received the Chartered Financial Analyst designation from AIMR (now CFA
Institute) in 1996. He managed hedged equity and alternative
(non-correlated) investment accounts for clients from 1992-2005.
Victor Sperandeo is a
historian, economist and financial innovator who has re-invented himself and the
companies he's owned (since 1971) to profit in the ever changing and arcane
world of markets, economies and government policies. Victor started his Wall Street career in 1966
and began trading for a living in 1968. As President and CEO of Alpha Financial
Technologies LLC, Sperandeo oversees the firm's research and development
platform, which is used to create innovative solutions for different futures
markets, risk parameters and other factors.
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