Sunday, April 20, 2025

Week-end Wrap – Political Economy – April 20, 2025

Week-end Wrap – Political Economy – April 20, 2025

by Tony Wikrent


Trump not violating any law

'He who saves his Country does not violate any Law'


‘We’re Not Stopping’: Trump Border Czar Vows to Ignore Judges

[The Daily Beast, via MSN 03-18-2025]


Trump is Opening The Enemies Briefcase: Congress Paved the Way

Andrew Cockburn, April 19, 2025 [Spoils of War]

We can’t say we weren’t warned. The emergency powers Trump has invoked to impose the largest tariffs in a hundred years, fast track energy and mineral production, and militarize federal lands on portions of the southern border were at least on the public record, authorized by Congress in The National Emergencies Act of 1976. The act permitted a president to unleash 150 statutory powers by declaring a national emergency. Legislators thought they had curbed the possibility of untrameled presidential power by adding the proviso of a "legislative veto" giving Congress the ability to terminate an emergency with a simple majority vote. But in 1983 the supreme court nixed that with a ruling, INS v. Chadha, that declared legislative vetoes unconstitutional. Trump’s first term deployment of the International Emergency Economic Powers Act, passed by Congress in 1975, to build his border wall excited comment and alarm, but no effective action to stop him.

But in March, 2020, Trump cryptically remarked “I have the right to do a lot of things that people don’t even know about.” He was referring to “presidential emergency action documents,” or PEADs, orders that authorize a broad range of mortal assaults on our civil liberties. Kept in a locked safe at the department of justice, these documents, in the words of a rare official description, outline how to “implement extraordinary presidential authority in response to extraordinary situations”

These instruments of dictatorship have not only never been authorized by Congress, they have remained almost totally secret. Elizabeth Goitein, senior director for liberty and security at the Brennan Center, is one of the few to investigate this momentous issue. As she told me when I first covered this topic in Harper’s Magazine, “This really is one of the best-kept secrets in Washington, but though the PEADs are secret from the American public, they’re not secret from the White House and from the executive branch. And the fact that none of them has ever been leaked is really quite extraordinary.”

Thanks to Goitein’s sleuthing, we know that in the past, PEADs have enabled the following: ….


American Concentration Camps

Chris Hedges, April 16, 2025

Those who build concentration camps build societies of fear. They issue relentless warnings of mortal danger, whether from immigrants, Muslims, traitors, criminals or terrorists. Fear spreads slowly, like a sulfurous gas, until it infects all social interactions and induces paralysis. It takes time. In the first years of the Third Reich, the Nazis operated ten camps with about 10,000 inmates. But once they managed to crush all competing centers of power — labor unions, political parties, an independent press, universities and the Catholic and Protestant churches — the concentration camp system exploded. By 1939, when World War II broke out, the Nazis were running over 100 concentration camps with some one million inmates. Death camps followed.

Those that create these camps give them wide publicity. They are designed to intimidate. Their brutality is their selling point….


'Open Enemy of the Constitution': JD Vance Ripped for Defending End of Due Process

Jake Johnson, April 16, 2025 [CommonDreams]

In his post on X, Vance—who has a law degree from Yale University—placed due process in scare quotes and claimed that "what process is due is a function of our resources, the public interest, the status of the accused, the proposed punishment, and so many other factors," not the U.S. Constitution.


Trump fabricating evidence to imprison Abrego Garcia is bone-chilling--and it's what he would do to you

Dean Obeidallah, April 19, 2025

What Donald Trump did on Friday should make the hair on the back of your neck stand on end. Trump literally fabricated evidence in an effort to keep Abrego Garcia in a prison in El Salvador. You must understand that Trump would do that very thing to imprison anyone he wants to “disappear” --including you or your family. I can say that with 100% confidence because Trump is following the fascist playbook and that is what they have long done to critics or anyone else they simply want to make vanish. This is where we are as a nation.

We have all seen Trump lie to support his claims. But the way his regime has defended the unconstitutional deportation of Garcia means we have entered a new and far more dangerous for all of us. And I’m not talking about a “constitutional crisis,” I mean far worse.


The Supreme Court Got It Badly Wrong

Joyce Vance, April 15, 2015 [Civil Discourse]

What makes for a concentration camp as opposed to a prison? Max Burns turned to this entry in the Holocaust Encyclopedia for a definition: “What distinguishes a concentration camp from a prison (in the modern sense) is that it functions outside of a judicial system. The prisoners are not indicted or convicted of any crime by judicial process.” That’s what’s happening in El Salvador. Kilmar Abrego Garcia has not been indicted or convicted, but he’s in prison. The same for many of the other people deported to El Salvador….

If Donald Trump can refuse to return a person he has illegally deported to a foreign prison where he is paying for him to be held in indefinite custody, then he can do it to American citizens, too…. 


Trump Adviser Says Those Who Oppose Abrego Garcia Detention May Be 'Aiding and Abetting' Terrorism

Julia Conley, April 17, 2025 [CommonDreams]


Brooks and Capehart on Trump’s faceoff with the courts

[PBS, Apr 18, 2025]

Jonathan Capehart:

...And then for Harvard to do what it did, I think sent a message not just to university presidents, but to the country that if Harvard — if Harvard had folded, it would have been a devastating thing. But it didn't happen.

And I would just say this one last point. In Trump one, Adam Serwer wrote famously the cruelty is the point about the first Trump administration. And I would argue that in Trump two, it's now the cruelty is the policy.


A Fourth Circuit Judge Warns Against Reducing The Rule Of Law To Lawlessness

Joyce Vance, April 18, 2025 [Civil Discourse]

Judge Wilkinson’s remarkable opinion today seems to have been written for the public as much as for the parties.


ICE declares certain ideas 'illegal'

[The Grayzone, April 15, 2025, via defenddemocracy.press]

The Grayzone's Max Blumenthal and Aaron Mate on the Immigration and Custom Service's now-deleted post declaring its intention to stop 'illegal' ideas at the border.


Has America Reached the End of the Road?

Garrett Graff, April 15, 2025 [Doomsday Scenario]

Donald Trump has forced the one crisis that will tell us who we are….

Think of how easy it would have been to bring this one guy home—it would have in many ways allowed them probably to strengthen public will and congressional support for the rest of the illegal disappearances into the torture gulag. (“Don’t worry! Truly innocent people don’t end up in the gulag!”) They probably would have been able to actually turbocharge the kidnappings and send several hundred more since. Instead — since Donald Trump is fundamentally sociopathically incapable of admitting a mistake — the administration dug in and one by one has crossed every red line that matters with the courts as this crisis has unfolded….

He's doing this because he wants to pick this fight — and because he wants to do worse. Once you cross this red line, there’s almost no other red line worth stopping at between democracy and full-blown authoritarianism.

We should not, for now at least, be comforted by the legal ruling that future “disappearances” require a modicum due process given that the Trump’s administration underlying argument in these cases is that once they get you out into international waters, no laws, court orders, or due process apply at all and everything that happens thereafter is totally out of bounds for legal review. This is “dropping-people-from-helicopters-into-the-ocean” legal logic….



We're in it now

Jonathan M. Katz, April 15, 2025 [The Racket]

...Yesterday, the U.S. client dictator of that country, Nayib Bukele, visited the White House to pay tribute to the Don. Dressed in a T-shirt and sport coat, in front of an Oval Office mantle that increasingly resembles a set piece from Warhammer 40K, Buekele openly laughed at the idea that Abrego GarcĂ­a would ever come back to the United States. Trump smirked along. Trump then lied about the Supreme Court decision — claiming, falsely, that the order merely compelled his aides to “provide a plane” if Bukele chose to release him. On the way into the meeting, Trump revealed his true threat: “Homegrown criminals next.” Meaning, he intends to start sending U.S. citizens to — including, by implication, those who are as innocent of any charges as Abrego Garcia.

“I said, ‘Homegrowns are next.’ Homegrowns,” Trump repeated to his aides, including Attorney General Pam Bondi, Marco Rubio, and JD Vance. He then turned back to Bukele. “You’ve got to build about five more places.”

“We’ve got space,” Bukele said, laughing.

Let’s just take a moment to appreciate where we are. The president of the United States — himself a convicted felon, credibly indicted of many more crimes, including more concerted attempts to subvert elections — has been informed by the Supreme Court, including three justices he appointed and two older justices who are somehow even more loyal to him, that he must return a protected immigrant from a foreign gulag to which he was “improperly sent.” Moreover, Trump’s own administration knows and has publicly admitted that the man in question should not be there.

And yet instead of complying with those orders, Trump’s attorney general placed the Justice Department lawyer who admitted the error on administrative leaveAnd now, as other legal immigrants are rounded up on street corners and homes and marked for deportation without the government so much as pretending to allege a crime, that same president is now threatening to do the same to citizens of the United States.

In fact, we know at least one U.S. citizen in the president’s sights: On April 9, Trump issued an official memorandum denouncing Christopher Krebs, the former head of the Cybersecurity and Infrastructure Security Agency, for having “baselessly denied that the 2020 election was rigged and stolen” and “suppressed conservative viewpoints” about COVID-19.3 This is totalitarian shit; pure Stalinism, in fact, shades of the show trials against the so-called Trotsky-Zinoviev Center. A accusation out of Alice’s Adventures In Wonderland: accusing a former bureaucrat of “baselessly denying” something that was in fact itself shown over and over again in court and repeated investigations to be completely made up.


By Weaponizing Arrest Records and Suspending Due Process, the Trump Administration Has Revoked Over 300 Student Visas

Meghnad Bose, April 19, 2025 [Drop Site]


[X-Twitter, via Naked Capitalism 04-15-2025]


If I understand this correctly, the US president has launched a trade war against the world, believes he can force the EU and China to meet his terms, is determined to annex Canada and Greenland, but is powerless before the sovereign might of El Salvador. Is that it?


Congress Has Demanded Answers to ICE Detaining Americans. The Administration Has Responded With Silence.

Nicole Foy, April 14, 2025 [propublica]

Amid increasing reports that U.S. citizens have been caught up in the Trump administration’s immigration dragnet, a dozen members of Congress have written to the government with pointed questions. None has received a reply.



Read the Trump Administration’s Letter to Harvard 

[New York Times, via Naked Capitalism 04-15-2025]

Harvard’s reply (note from counsel, which are litigators): “But Harvard is not prepared to
agree to demands that go beyond the lawful authority of this or any administration.”


The Attack on International Students 

Don Moynihan, April 13, 2025 [Can We Still Govern?]

New surveillance and punishment systems are a warning to us all


A Trump Administration Plan to Crowdsource Deregulation? 

[Lawfare, via Naked Capitalism 04-17-2025]

Two recent events suggest that the Trump administration intends to expeditiously rescind existing regulations: (a) a constitutional argument that the president has authority to unilaterally rescind regulations without following the requirements of the Administrative Procedure Act and (b) a new online form that seeks to crowdsource the process of drafting these rescissions. When stitched together, the Trump administration has created a toolkit to rescind regulations without the required procedures of the Administrative Procedure Act or the involvement of the experts who understand the purpose of these regulations.

Ordinarily, an agency must follow the same procedures under the Administrative Procedure Act to promulgate, amend, or rescind a rule. Those procedures include providing notice in the Federal Register and an opportunity for interested parties to comment on the regulations. The Department of Energy did not follow these procedures. In a final rule that will go into effect on May 15, Energy explained that it was foregoing notice-and-comment rulemaking in light of the executive order and “the President’s constitutional authority to direct rescissions of regulations.”


ICE Just Paid Palantir Tens of Millions for ‘Complete Target Analysis of Known Populations’ 

[404Media 04-16-2025]


Men DOGEbags at Work

DOGE takes over federal grants website, wresting control of billions 

[Washington Post], via Naked Capitalism 04-14-2025]


'Victory for Scammers' as Trump Fires 90% of Consumer Protection Agency Staff

Jake Johnson, April 18, 2025 [CommonDreams]


Judge temporarily blocks CFPB layoffs, probes potential violation of order

Zach Schonfeld and Julia Shapero, 04/18/25 [The Hill, via Naked Capitalism 04-19-2025]

A federal judge temporarily barred the Trump administration from laying off roughly 90 percent of the Consumer Financial Protection Bureau (CFPB) as she mulls whether it violates her previous order.

At a Friday hearing, U.S. District Judge Amy Berman Jackson prevented the agency from cutting off the employees’ computer access as planned later in the day until the judge holds a hearing near the end of the month.


Palantir Is Helping DOGE With a Massive IRS Data Project 

[Wired, via Naked Capitalism 04-13-2025]


Inside the DOGE immigration task force 

[Politico, via Naked Capitalism 04-13-2025]


Deliberately Polluting the Death Master File Violates the Fair Credit Reporting Act

Adam Levitin [CreditSlips, via Naked Capitalism 04-15-2025]

[Yves Smith: In case you missed it, DOGE’s latest caper is to place immigrants it knows are alive on the Social Security Administration’s Death Master File. The intent is to cut them off from banking services. Levitin lays out why this is illegal and I hope someone takes up the case. But as I pointed out, this won’t even necessarily work out as intended. When my mother died on Christmas Day, 2021, I reported it to Social Security as soon as possible. Of her four financial institution relations, only two cancelled or restricted access to her account.]


A whistleblower’s disclosure details how DOGE may have taken sensitive labor data 

[NPR, via Naked Capitalism 04-16-2025]


Government IT whistleblower calls out DOGE, says he was threatened at home 

[Ars Technica, via Naked Capitalism 04-17-2025]


DOGE abruptly cut a program for teens with disabilities. This student is ‘devastated’ 

[NPR, via Naked Capitalism 04-15-2025]


Strategic Political Economy

Is Trump trying to save China? His messy trade policy is a boon to Beijing

Matt Stoller and Daniel Ranger [Unherd, via Naked Capitalism 04-17-2025]

If you had to invent a way to discredit populist reform — to trick Americans into embracing unlimited free trade, dominance by Wall Street and Big Tech, and Chinese control of manufacturing — you couldn’t do a better than President Trump’s recent flip-flops around tariffs….

America’s basic problem is that the country imports a trillion dollars of stuff that we used to make. As a result, the United States has sabotaged its working and middle classes, while losing the domestic capacity to make the medicines, industrial goods, and electronics on which Americans depend. At this point, America, which has some of the best farmland in the world, is now a net food importer. America has no domestic merchant marine, and largely lacks shipbuilding capacity….

It’s taken at least 45 years to get America into this same situation. Basically, American elites decided in the Eighties that high-value patents, design, and finance work was what the United States wase good at, and the grubby stuff could be done by foreigners. That was, of course, a huge and gruesome error, one that free-trade critics rightly decried. Opposition to free trade was a successful electoral strategy early on in Latin America, and leaders like Lula da Silva bolstered their popularity by opposing deals like the Free Trade Area of the Americas. Trump likewise rode anger over this status quo to the White House — twice.

And yet Trump never pointed out that the reason for offshoring wasn’t that foreigners screwed us, but that Wall Street did. The trillion dollars of foreign goods we buy is a trillion dollars Americans hand to Big Finance, which it then recycles into stocks and bonds. Those who benefit in this system aren’t just producers based in industrial export-oriented countries, but people who own and manage financial assets, as well as adjacent “services” industries like tech and consulting.

Moreover, by claiming that the world is taking advantage of America, Trump overlooks the fact that other countries that have embraced neoliberalism find themselves in a similar position and could serve as potential allies in reshaping the international economy. ...

 

Global power shift

China Bypasses SWIFT: $1.2 Trillion Digital Yuan Launches Globally—Can the U.S. Push Back? [video]

x

[Ave World, 04-12-2025, via YouTube]


China Just Cut Off SWIFT: China Activates DIGITAL FINANCIAL WEAPON- What will the USA do? [video]

[Pulse of the States, 04-18-2025, via YouTube]


Gaza / Palestine / Israel

Emptying Gaza (w/ Norman Finkelstein) | The Chris Hedges Report

Chris Hedges, April 17, 2025

Israel has blocked all food and humanitarian aid into Gaza and cut off electricity, so that the last water desalination plant no longer functions. The Israeli military has seized half of the territory — Gaza is 25 miles long and four to five miles wide — and placed two-thirds of Gaza under displacement orders, rendered “no-go zones,” including the border town of Rafah, which is encircled by Israeli troops.

Defense Minister Israel Katz recently vowed that Israel will “intensify” the war against Hamas and use “all military and civilian pressure, including evacuation of the Gaza population south and implementing United States President [Donald] Trump’s voluntary migration plan for Gaza residents.” Since Israel’s unilateral ending of the ceasefire on March 18 — which was never honored by Israel — Israel has been carrying out relentless bombing and shelling against civilians, killing over 1,400 Palestinians and wounding over 3,600, according to the Palestinian health ministry.

An average of one hundred children are being killed daily according to the United Nations….


‘Infinite License’

Omer Bartov, April 24, 2025 issue [The New York Review]

The memory of the Holocaust has, perversely, been enlisted to justify both the eradication of Gaza and the extraordinary silence with which that violence has been met….

In Being Jewish After the Destruction of Gaza, a moving account of his transformation from a strong supporter of Israel into a staunch critic of Zionism, Peter Beinart suggests that in the aftermath of the Holocaust a sense of “false innocence” came to suffuse “contemporary Jewish life, camouflag[ing] domination as self-defense.” For remembering must have consequences, especially when it comes with an absolute commitment to “never again” allow a Holocaust to happen. And when “never again” becomes not just a slogan but part of a state ideology, when it becomes the prism transforming every threat, every security issue, every challenge to the state’s legitimacy or righteousness into an existential peril, then no holds must be barred to defend those who have already faced annihilation. It is a worldview, Beinart writes, that “offers infinite license to fallible human beings.”

Once Hamas militants are seen as modern-day Nazis, Israel can be imagined as an avenging angel, uprooting its enemies with fire and sword….

 [TW: I think Bartov could have been more forceful in confronting the tragic disfiguration of Israel by its embrace of a fascistic view of the Palestinian people as “not human.” But, there are so few people willing to discuss the issue, I decided to include it.]


A shameful ICJ ruling, the beginning of a split in the Jewish world, how Iran has already won this and other, domestic reason MAGA wants war 

Alon Mizrahi [via Naked Capitalism 04-19-2025]


Oligarchy

The Trump Billionaires Who Run the Economy and the Things They Say

Elisabeth Bumiller, April 19, 2025 [New York Times]

Paul K. Piff, an associate professor of psychological science at the University of California, Irvine, has studied the psychology of the rich for nearly two decades. He said that research shows that as a person’s wealth increases, more often than not empathy and compassion for others decreases. Professor Piff cautioned that there are exceptions, and that he was not speaking specifically about the billionaires in the Trump administration.

But he said excessive wealth has profound effects on a person’s character. “You certainly have more power and more influence over people in your life,” he said. Money, he added, “buys you space and distance from people, and alongside that comes this increased focus on your own self. It’s not a difficult stretch to say that you lose touch for what it’s like for lots and lots of people.”


The fury at ‘America’s Most Powerful’ 

[Blood in the Machine, via Naked Capitalism 04-19-2025]


Oligarchy and the subversion of democracy – warnings from South Africa 

[Review of African Political Economy, via Naked Capitalism 04-17-2025]


The carnage of mainstream neoliberal economics

Donald Trump, Silicon Valley, and the Neoliberal Roots of an Unlikely Alliance 

[Vanity Fair, via Naked Capitalism 04-16-2025]


Trumpillnomics

‘Tariff shockwave’ leads to collapse in ocean container bookings

Stuart Chirls, April 15, 2025 [www.freightwaves.com]

From March 24-31 to April 1-8, the logistics industry witnessed precipitous declines across multiple sectors, what Vizion termed a “tariff shockwave”:

  • Global twenty-foot equivalent units booked plummeted by 49%.
  • Overall U.S. imports fell by 64%.
  • U.S. exports declined by 30%.
  • U.S. imports from China dropped 64%.
  • U.S. exports to China decreased by 36%.

These dramatic reductions coincided with the April 4 announcement by the Trump administration of new tariff measures, which were swiftly followed by retaliatory actions from China on April 5. The result was a widespread booking freeze, as shippers paused to reassess their strategies.


Trump’s in-the-know plan to demolish the US economy 

[Asia Times, via Naked Capitalism 04-16-2025]

...a worldwide economic crash… it’s the guaranteed end state of a plan that Trump developed before the election – but has never publicly revealed.

We now know this from a 64-minute “infomercial” released on April 1 by stock promoter Porter Stansberry in the form of a staged interview with well-known Trump insider and investment advisor Brad Thomas

Basic to the plan he reveals is Trump’s having recognized that correcting America’s impossibly unsustainable finances must produce colossal losses one way or another no matter who is in charge. Trump and his close personal advisors drew two conclusions.

First, it is better to execute “a controlled demolition of the financial markets” comparable to a controlled forest burn to “get rid of dead wood” than to permit a haphazard collapse as in previous depressions. Second, it is better to front-run the inevitable crash so as to place the blame squarely on his predecessor….

One can make sense of the current controversies in the financial press only by distinguishing three groups of Trump supporters:
* The inner core who knew the plan to demolish the economy.
* The opportunist financiers and businessmen who backed Trump expecting an orderly economic downturn leading to financial sustainability.
* Those members of the public who voted for Donald Trump for non-financial reasons such as immigration and anger over woke ideology.
The inner core knew the plan and positioned themselves by moving their assets and presumably shorting the sectors now targeted for demolition….



Trump’s China tariff shocks US importers. One CEO calls it ‘end of days’ 

[Associated Press, via Naked Capitalism 04-13-2025] 


Manufacturing Business Confidence Plummets in April

Robert Schoenberger, April 17, 2025 [IndustryWeek]

...In the Federal Reserve Bank of Philadelphia’s monthly “Manufacturing Business Outlook Survey,” in January about 39% of businesses reported plans to increase capital spending this year to improve operations — a figure similar to high points reached in 2017 and during the COVID recovery in 2021. In April, that figure fell to 2%. For context, that metric went negative during inflation run-ups during 2023 and during the financial crisis in 2009 but only fell to 9.7% at the worst of the COVID declines….

Some of the most dramatic declines came from the Equipment Leasing Finance Foundation (ELFF), an organization that represents lenders that help manufacturers obtain new capital equipment for factories. In March, more than half of manufacturers surveyed by that group expected capital spending to increase or stay about the same in the next four months. By April, more than 61% said they expect spending to fall….


Trump’s War on Measurement Means Losing Data on Drug Use, Maternal Mortality, Climate Change and More

Alec MacGillis, April 18, 2025 [propublica]

By slashing teams that gather critical data, the administration has left the federal government with no way of understanding if policies are working — and created a black hole of information whose consequences could ripple out for decades.


Trump’s Order to Cut Drug Prices Would Raise Drug Prices

David Dayen, April 17, 2025 [The American Prospect]

The so-called ‘pill penalty’ fix is a corporate favor designed to increase the period where prescriptions are immune from price negotiations.


How Trump Is Helping Price Gougers Exploit His Tariffs

[The Lever, April 19, 2025]

Emboldened by the new administration’s regulatory reprieve, “price optimization” consultants are showing corporations how to weaponize import levies to fleece consumers.


The 18 hours that changed Trump’s mind on trade

[Washington Post, via The Big Picture April 14, 2025]

From Tuesday evening to Wednesday afternoon, Trump and his trade advisers spoke to several Republican lawmakers and top foreign leaders who raised concerns about the faltering global markets.


The Bond Crisis Last Week Was a Global No-Confidence Vote in U. S. President Donald Trump

Pam Martens and Russ Martens, April 13, 2025 [Wall Street On Parade]


Internal budget document reveals extent of Trump’s proposed health cuts

[Washington Post, April 17, 2025]


They’re not capitalists — they’re predatory criminals

Projecting Epstein: How the Insurgency Weaponizes Its Own Deviance

Jim Stewartson, August 19, 2024


Trump IRS Pick Was Just Enriched By Tax Schemers

[The Lever, April 15, 2025]

New documents show Billy Long’s $130,000 personal debt was suddenly paid off by donors at firms policed by the tax agency he’d lead.


Restoring balance to the economy

Google Found GUILTY of Monopolization Again

Matt Stoller, April 17, 2025 [BIG]


Google Is a Monopolist … Again

David Dayen, April 18, 2025 [The American Prospect]

In 2019, a month into my tenure as executive editor at the Prospect, we published an investigation into digital ad markets. The author was Dina Srinivasan, a former executive with advertising giant WPP who saw the corruption of these markets from the inside. She argued that two Big Tech advertising companies, Google and Facebook, had commandeered these markets by relentlessly tracking users across the internet, running the auctions to match users with advertisers, and skimming a huge cut for themselves off the top, something publishers and advertisers could not escape.

“One way to unhook Facebook and Google’s business model over the public at large is through more competition,” Srinivasan wrote. She went on to advise Texas in an antitrust case, which argued that Google’s dominance of advertising technology allows it to rig auctions to benefit its products and extract from publishers. That case is still ongoing, but many of its allegations also appeared in a Justice Department lawsuit filed in 2023. And yesterday, Judge Leonie Brinkema ruled for the Justice Department, affirming that Google indeed had monopolized adtech markets in harmful ways….




Disrupting mainstream economics

The Role of Energy in Economics: Chapter 9 of Money and Macroeconomics from First Principles, for Elon Musk and Other Engineers

Steve Keen, April  18, 2025 [Building a New Economics]

By default, Neoclassical economists do not include energy at all in their models of production. When they do, they treat energy (E) as a third “factor of production” in the Cobb-Douglas Production Function….


Health care crisis

US measles total climbs to 800 cases, 10 outbreaks 

[CIDRAP, via Naked Capitalism 04-19-2025]


Resistance

How States and Cities Might Repel Trump’s Police State Crimes

Harold Meyerson, April 15, 2025 [The American Prospect]

...Hence, the question increasingly sounded across the nation as the administration’s trashing of the rights Americans have historically enjoyed increases with each passing day: Is there anything we can do to actually stop this?

Well, we do live in a federal republic. So long as congressional Republicans remain Trump’s lapdogs, he controls two branches of the federal government and increasingly ignores the third. He does not control state governments or county or city governments, however, and they have justice systems and police powers of their own….

...Why can’t Maryland at least begin an investigation into Abrego Garcia’s arrest for the crime of kidnapping? What’s stopping California Attorney General Rob Bonta or Los Angeles District Attorney Nathan Hochman or LAPD Chief Jim McDonnell from at least investigating the DHS agents who showed up at two elementary schools last week seeking access to five small children—the oldest in sixth grade, the youngest in first grade—on the pretext that they were checking into the children’s welfare? Fortunately, the schools’ principals denied them entry into their schools. The agents lied that the children’s families had authorized them to proceed, though the schools, which checked with their parents, found that not to be true. Subsequently questioned by the Los Angeles Times about the incident, DHS Assistant Secretary Tricia McLaughlin said that the children had arrived as unaccompanied minors, which they had not (and which contradicted the other cover story that they were with their families). Not just the arrival of these DHS agents, but also their fictitious cover stories, should suffice to enable local police agencies to question if the real goal was to seize the children and thus pressure their parents, who may or may not have been immigrants, to come forward.

Suspicion of kidnapping? Suspicion of the child abuse inherent in putting a first grader under lock and key? Is that too much of a stretch?


Voting and the SAVE Act

Joyce Vance, April 13, 2025 [Civil Discourse]

This is another good week to call your members of Congress and express outrage. The House passed the SAVE Act, which will make it dramatically more difficult for millions of eligible American citizens to register to vote if the Senate passes it too, so it’s time to start campaigning for the Senate to reject it. The Capitol switchboard phone number, where you can ask to be connected to your members’ offices, is (202) 224-3121. Or Google your individual members. Calling a local office may give you the chance to talk to a real human. Consider a visit in person if you can.

If the SAVE Act becomes law, all Americans will have to provide a birth certificate, a passport, or one of a limited number of documents, such as certain (but not all) military ID cards, every time they register or reregister to vote. It seems innocuous enough, the idea that you have to prove you’re a citizen, but at least 21 million Americans don’t have that kind of proof readily available. Only 51 percent of Americans have passports, which cost adults applying for the first time a $165.00 fee, not to mention assembling the documents you need, getting a photograph of yourself, and making it to an appointment.

The bill would end registration by mail and online because it requires voters to show proof of citizenship to election officials “in person” when they register. That would also make it difficult, if not impossible, to conduct voter registration drives, say, at churches or schools. States that automatically register voters when they turn 18 would no longer be able to do so. And if you move or need to reregister for any reason, this applies to you, too. You’d have to bring your passport or original birth certificate in for inspection every time you do that.


Crossing the U.S. Border? Here’s How to Protect Yourself

Nikita Mazurov, Matt Sledge, March 29, 2025 [The Intercept]

Searches of phones and other electronics are on the rise for those entering the U.S. Take these steps to help secure your devices.


Managing Unexpected ICE Visits: Best Practices for Employers

March 19, 2025 [IndustryWeek]


Conservative / Libertarian / (anti)Republican Drive to Civil War

Arkansas Dreams Up New Ways to Break the Ballot

Gabrielle Gurley, April 17, 2025 [The American Prospect]

Arkansas voters have used direct-democracy powers granted by the state constitution to raise the minimum wage and legalize medical marijuana. Yet abortion is the one progressive issue that has never made it to a vote. The circumstances surrounding the failed 2024 campaign to end the state’s total abortion ban likely galvanized state lawmakers to make sure that it never does. In the 2025 legislative session that ended Wednesday, the Arkansas General Assembly passed more than a dozen bills that emasculate direct democracy, many of them nonsensical intrusions on Arkansans’ ability to exercise their constitutional rights.

In 2024, the “Arkansas Right to Abortion Initiative” could have appeared on the fall ballot but wasn’t there when counting began on November 5, not because of some abstruse legal challenge but because of a colossal paperwork screwup. Arkansans for Limited Government had collected more than 100,000 signatures; volunteers obtained 87,675, and paid canvassers, 14,143. Under state law, they only needed 90,704. But as the state attorney general’s office went through the documents, they pounced on an error: Organizers had failed to file required documentation with the paid bundles. Those were invalidated, leaving the campaign short of the threshold that they needed to get on the ballot.


The Two Movements

David Dayen, April 15, 2025 [The American Prospect]

...This is not the first defiance of the federal judiciary in Trump’s second term. The administration has ignored deadlines to restore foreign aid funding. It secretly withheld disaster relief to blue states in violation of a judge’s ruling. Literally yesterday, at the press avail with Bukele, the White House blocked the Associated Press from the event despite a court order requiring entry. None of this should be surprising; top officials at the Justice Department, some of whom were Trump’s personal lawyers, openly mused about defying court orders in their confirmation hearings.

But the invocation of the right to kidnap, the right to disappear, goes many steps further. It is not being done in service of a broader desire to protect the country from unauthorized migrants; deportations have been flat relative to the Biden administration. This is more akin to the elimination of dissidents that you see in despotic regimes worldwide. People who disagree with the regime, including green card and student visa holders, are targeted for removal, due to vague “sympathies” with perceived enemies, picked up at citizenship appointments or just off the street, flown across the country to avoid unsympathetic legal venues, and held as the courts play things out.

Making people fear being next is the bigger goal than the actual deportation. In this sense, the shuttling of 250 migrants, most of whom had no criminal record, to El Salvador’s most notorious prison was really just a show of what could be done, a warning to self-censor or self-deport. This is turning the United States into a place where the only real enforcement in the country is filling political prisons with those guilty of thought crimes.


The (anti)Federalist Society assault on the Constitution

SCOTUS Can Let the President Break the Law, But It Can’t Change the Law

Josh Marshall, April 17, 2025 [talkingpointsmemo.com]

Trump is hungry to walk through this door of lawless autocracy. But it is the conservative legal movement, embodied in the Federalist Society, organized by Leonard Leo and others, who opened the door. They manufactured the fraudulent idea that presidents cannot be constrained by the law. They imported it from abroad, from the degenerate ideologues of autocracy. They did this. They created the current moment in which a renegade President can simply start chainsawing through the legal fabric and do anything he wants….


[TW: I think it’s important to realize that when Donald J. Trump finally leaves the scene, there will still be thousands of highly educated, very smart, and very determined conservative ideologues left. Including those who wrote the memos, briefed Trump, transmitted the orders, carried out those orders, wrote the legal briefs, and stood up and argued on behalf of Trump and his regime’s actions in court after court after court. For years — no, decades — they have been researching and writing position papers, conducting seminars, investigating and approving conservative wish lists of judges and federal appointees, and running state governments in the red.

[What are we going to do about this right-wing apparatus that will survive after Trump? What do we do about the tens of thousands of intelligent Americans who have been indoctrinated by the neo-confederate ideas of Leo, the (anti)Federalist Society, and the conservative legal movement? Tens of thousands of intelligent Americans who graduated from places like Liberty University and Hillsdale College? 

[And while it’s nice to see David Brooks’ recent realization that Trump and MAGA are an existential threat to the survival of democracy in USA, I have to wonder how long will it take for Brooks and other never-Trumpers to realize that someone like Trump and something like MAGA were the inevitable result of conservative thinking and actions.

[They spent the past half-century “feeding red meat to the base.” They knew that “red meat” was laced through and through with hatred and intolerance for liberals and “the other.” They knew that the most zealous of their precious conservative movement believed that Democrats were engaged in conspiracies to protect pedophiles. Fundamentalist preachers incessantly declared that Democrats were satanic baby-killers who hated America. Did David Brooks and other conservative leaders never realize that the injection of all this conservative poison into the body politic was going to someday allow a monster to emerge? ]


Trump's Art of the Book; Rethinking Sam Francis; Class Dealignment?; Another Visit from the Bond Squad

John Ganz, April 15, 2025 [Unpopular Front]

...Tait finds a lot of Sam Francis’s ideas to be fairly conventional fare when you put him in the context of his New Right milieu: a lot of people were saying the same things. Okay, but that’s sort of the whole point: the movement organically generated and abetted Francis’s fascist outlook, did not see it as intrinsically alien, or forcefully reject it until much later. Tait admits that contemporary right-wing thinkers are taking ideas from Francis. Well, that’s sort of reason enough to study him….


Sunday, April 13, 2025

Week-end Wrap – Political Economy – April 13, 2025

Week-end Wrap – Political Economy – April 13, 2025

by Tony Wikrent


Trump not violating any law

'He who saves his Country does not violate any Law'


‘We’re Not Stopping’: Trump Border Czar Vows to Ignore Judges

[The Daily Beast, via MSN 03-18-2025]


Team Trump Is Gaming Out How to Ship U.S. Citizens to El Salvador

Nikki McCann Ramirez, Asawin Suebsaeng, Andrew Perez, April 12, 2025 [Rolling Stone]

Trump said last weekend he would “love” to send American criminals there — and would even be “honored” to, depending on “what the law says.” White House Press Secretary Karoline Leavitt confirmed this week that the president has discussed this idea privately, too, adding he would only do this “if it’s legal.” ….

The Trump administration is indeed discussing this idea behind the scenes, two sources familiar with the matter confirmed to Rolling Stone. In their most serious form, these conversations have revolved around attempting to denaturalize American citizens and deport them to other countries, including El Salvador….

Shortly after stepping back into office, Trump personally directed at least one lawyer working in his administration to look into deporting American citizens via denaturalization processes, telling aides that it is a “good idea” for certain cases, according to one of the sources, who is a Trump appointee. In one of his many Day One executive orders, Trump instructed his administration to move on cases described in a federal statute regarding “revocation of naturalization.”….

Several of Trump’s most important advisers, including White House Deputy Chief of Staff Stephen Miller, continue to internally advocate for mass-denaturalization initiatives that they believe were squandered in Trump’s first stint in the Oval Office.
For instance, the sources add, Trump administration officials have discussed possibly denaturalizing and deporting activists and other individuals whom they label as having committed so-called “fraud” on their applications for citizenship by subsequently supporting what Team Trump decides are “pro-terrorist” causes or groups — similar to the specious arguments they’ve made to justify stripping pro-Palestine student activists of their green cards or visas.

According to these sources, Trump administration attorneys and some senior appointees have also discussed potential legal justifications and technicalities they can exploit for denaturalizing citizens who are accused or convicted of certain crimes, especially if the Justice Department or other offices deems their offenses to be gang-related….

Mike Davis, a close Trump ally and a fixture among the MAGA legal elite, tells Rolling Stone, “I have advocated very publicly that if you are a current Hamas supporter and you were naturalized within the last 10 years, the Justice Department should move forward with denaturalization proceedings to get them the hell out of our country. Denaturalization has been on the books for a very long time. If you lie on your citizenship application, denaturalization is a consequence.”

When asked if there is any precedent in the last several decades for this kind of crackdown effort, he replies: “I hope this is groundbreaking. I hope Trump and his team are trail blazers on this. Hamas supporters can go to hell and in the meantime they need to get the hell out of our country.”



Trump’s Horrifying Removal of Man in “Error” Takes an Even Darker Turn

Greg Sargent, April 12, 2025 [The New Republic]

On Thursday, the Supreme Court issued a simple directive to the U.S. government. Or it would have been simple, anyway, if President Donald Trump weren’t engaged in such rampant lawlessness. The high court said the administration should be prepared to say what steps it has taken to bring back Kilmar Abrego Garcia—the Maryland man whom the government itself admits was deported to a maximum-security prison in El Salvador in “error.”

The government still hasn’t answered that basic question. On Friday, the administration refused to honor a judicial order—delivered by a lower court in response to the Supreme Court’s ruling—to provide a response to it….

All along, the administration has had the option of moving to return Abrego Garcia to the United States and then trying again to deport him via conventional legal processes—which, ironically enough, could result in his removal anyway, in a more lawful manner.

Why hasn’t the government taken that simple step? That question is the bigger, darker one underlying this whole saga….

It’s not hard to guess at the administration’s motives here. Bringing Abrego Garcia back to U.S. soil—and then arguing he should again be removed to El Salvador—is a case the administration might lose. Or if the administration sought to remove him to a third country, that would allow Abrego Garcia to challenge that effort.

Either path would unleash an even bigger media spectacle. It would mean more coverage of Abrego Garcia’s marriage to a U.S. citizen and the couple’s autistic child. It would mean more attention to his longtime ties to a local Maryland community—he’s lived there 14 years, after initially entering illegally in 2011—even as the administration redoubled removal efforts.

It would also mean more pressure on the administration to present actual evidence of the claim that he’s a gang member. Vice President JD Vance and White House press secretary Karoline Leavitt have worked themselves up into paroxysms of phony outrage in making this charge. Why don’t they want it reexamined within lawful channels?


Trump Team Prepping New Strategy for Domestic Terrorism 

Ken Klippenstein, April 10, 2025

The Trump administration is quietly drafting a bold new strategy for combating terrorism that targets a wide range of perceived foes, from Tesla vandals to everyday protesters, intelligence sources say.

White House counterterrorism czar Sebastian Gorka is leading the effort, which covers both foreign and domestic strategies. Gorka recently boasted that the president has “done a 180 on our counterterrorism policy.” He’s also been quite candid in comparing his political opponents to terrorists, as I’ve written about.

The domestic focus derives from the view that foreign control, antisemitism and a conspiracy against Donald Trump are behind everything from Gaza protests to Planned Parenthood. White House insiders firmly believe that protestors are being “paid” to disrupt the Trump agenda, the same sources say.

“I think when they catch these people, you'll find they're paid by highly political people on the left," President Trump said last month. Attorney General Pam Bondi echoed the view, saying, of Tesla vandals: “If you're funding this, we're coming after you.”


'Outrageous Abuse of Power': Trump Weaponizes Social Security for Deportation Spree

Jake Johnson, April 11, 2025 [CommonDreams]

The Trump administration this week reportedly classified thousands of immigrants living in the United States as dead in a Social Security database in an effort to force them out of the country, a scheme that was met with furious uproar from advocates and lawmakers.

By entering the names and Social Security numbers of roughly 6,000 immigrants into Social Security's "death master file," the administration has revoked their ability to legally work in the U.S. and receive benefits in a bid to get them to "self-deport," several news outlets reported Thursday.


Donald Trump and Elon Musk Are Weaponizing Social Security

[Social Security Works, April, 10 2025, via CommonDreams]

...When Social Security incorrectly declares someone dead, it ruins their lives. In 2023, a Maryland woman was wrongly declared dead and found her health insurance and Social Security benefits terminated, her home listed for sale, her credit cards canceled, and her water shut off. Her health deteriorated as she spent endless hours trying to undo the mistake. Indeed, she did actually die seven months later.

This is the situation that Trump and Musk plan to intentionally place legal migrants in. With one million migrants becoming naturalized citizens every year, American citizens will likely fall victim, as well. 

With this move, along with using Social Security for political revenge on Maine’s governor, Trump and Musk are weaponizing Social Security. If they get away with this, it would be no surprise if they then move on to marking their perceived enemies as dead — citizens and non-citizens alike.


Trump Orders Nearly 1 Million Migrants Who Entered US Legally to Leave Now

Brett Wilkins, April 08, 2025 [CommonDreams]


ICE under Trump is attacking labor rights by targeting a farmworker advocate

Margaret Poydock and Daniel Costa, April 4, 2025 [Economic Policy Institute]

Last week, ICE agents violently removed organizer and advocate Alfredo “Lelo” Juarez from his car while dropping his partner off at work. Juarez is well known in Washington state for fighting for farmworkers’ basic rights, such as overtime pay and protections from extreme heat. Although Juarez lacks an immigration status and had an order of removal dating back to 2018, he had no criminal record and was thus likely targeted for his work with workers’ rights organizations. He is currently being held in the Northwest Detention Center in Tacoma.


Trump Anoints Himself With The Power To Secretly Repeal Regulations

Nicole Lafond, Kate Riga, Khaya Himmelman and Emine YĂĽcel, April 12, 2025 [Talking Points Memo]

No longer content to simply rip up the federal government, President Trump is now reaching into the past to undo agency regulations by fiat.

“In effectuating repeals of facially unlawful regulations, agency heads shall finalize rules without notice and comment,” read Wednesday’s presidential memo, using a narrow exception in the Administrative Procedure Act to do away with requirements that alert the public to the government’s actions….

In legitimizing this silent erasure, Trump cites recent Supreme Court cases including Loper Bright v. Raimondo, which dealt a death blow to agency deference but was explicitly future-oriented and not permitted to be retroactively applied to old regulations….



Trump’s Latest Executive Order Lays Bare His Authoritarian Ambitions 

Thom Hartmann, April 10, 2025 [The New Republic]

His directive to the Justice Department to investigate Miles Taylor and Chris Krebs, whose only crimes were telling the truth, is a frontal assault on the rule of law.


Nacht und Nebel: Erik Prince, “Big Balls” & the Second Holocaust

Jim Stewartson, April 12, 2025 [MindWar]

A pipeline to disappear opponents of the regime is being constructed. Who will stop it?


The Clear and Present Danger to the American Rule of Law

Richard Zitrin, April 8 2025 [The Intercept]


Donald Trump’s War on History

David Corn, April 8, 2025 [Mother Jones]


Men DOGEbags at Work

DOGE Is Planning a Hackathon at the IRS. It Wants Easier Access to Taxpayer Data 

[Wired, via Naked Capitalism 04-06-2025]


DOGE Arrives at FDIC but Doesn’t Have Access to Bank Data 

[Bloomberg, via Naked Capitalism 04-11-2025]


'Welcome to the Oligarchy Era': Social Security Administration Switches Communications to Musk's X

Jessica Corbett, April 11, 2025 [CommonDreams]


By Moving Communications to X, Trump and Musk Renew Attack on Social Security

Martin Burns and Mary Liz Burns April 12, 2025 [CommonDreams]


Josh Marshall, April 8, 2025 [Talking Points Memo]


DOGE staff arrives at Peace Corps HQ, signaling possible cuts

[FoNBC, via MSN 04-06-2025]


Trump seeks to end climate research at premier U.S. climate agency 

[Science, via Naked Capitalism 04-12-2025]


Exclusive: Musk's DOGE using AI to snoop on U.S. federal workers, sources say

Alexandra Ulmer, Marisa Taylor, Jeffrey Dastin and Alexandra Alper, April 8, 2025 [reuters, via The Lever]


DOGE drive didn’t just affect federal workers; Deloitte, Accenture, among hardest hit 

[Mint, via Naked Capitalism 04-06-2025]


An Interview With An Epidemiologist Who Lost Her Job Because Of The DOGE Layoffs 

[Defector, via Naked Capitalism 04-06-2025]


Strategic Political Economy

The Smoot-Hawley Tariffs Did Not Cause the Great Depression. Austerity Did.

Dougald Lamont, Apr 11, 2025

The economic arguments about the impacts of tariffs keep getting compared to a bill introduced in the Depression by two Republican congressmen - Hawley and Smoot - who sought to stop the bleeding with tariffs. Experts, pundits, journalists and partisans all keep repeating the same claim that these tariffs are to blame for the Great Depression.

The problem with this argument is that it’s not accurate. Not only is their evidence that the tariffs were not the problem, and that austerity was - there have been a string of more recent financial crises since 1989 that tell a completely different, and more accurate story that no one else is telling….

The idea that Smoot Hawley tariffs are to blame comes from a very specific, laissez-faire economic viewpoint. It’s the idea that any government action is bound to create “friction” and mess things up in the otherwise smoothly-flowing machine of a market. It blames government interference in the market as being the problem for everything, including running deficits to get the economy going again when it has collapsed.

So the same economists who believe that Smoot Hawley was to blame for the Depression don’t blame the decision to try to keep trying to balance the budget, even when 9,000 banks had failed and unemployment had increased by 20%….

Ha-Joon Chang writes that… “The tariff increase by Smoot-Hawley was not dramatic - it raised the average US industrial tariff from 37 per cent to 48 per cent. Nor did it cause a massive tariff war. Except for a few economically weak countries such as Italy and Spain, trade protectionism did not increase very much following Smoot-Hawley. Most importantly, studies show that the main reason for the collapse in international trade after 1929 was not tariff increases but the downward spiral in international demand, caused by the adherence by the governments of the core capitalist economies to the doctrine of balanced budget.' “ ….

In effect, there has been an ideological and economic denial that FDR’s New Deal is what got the US out of the Depression, which is in defiance of reality and history. There is no question that FDR’s actions and policies in the U.S., as well as the actions and policies of Mackenzie King in Canada after 1935 made colossal differences in reviving the economies of both countries….


[X-Twitter, via Naked Capitalism 04-06-2025]


IF U.S. incomes spiked 69%, we'd return to pre-pandemic housing affordability levels  IF U.S. home prices fell 41%, we'd return to pre-pandemic affordability  IF mortgage rates fell 4.3 percentage points, we'd return to pre-pandemic affordability




Global power shift

Col. Larry Wilkerson: Think the U.S. can beat Iran? Yemen just crushed that illusion 

[Dialogue Works, via Naked Capitalism 04-09-2025]

[Yves Smith: “Important. Contains very good discussion of economic, military, and political fractures in Israel.”]


China Approves First Autonomous Flying Taxis, Kicking Off a New Era of Urban Air Mobility

[The Droid Guy, April 6, 2025]

In a move that redefines what’s possible in modern transportation, China has officially approved the world’s first commercial autonomous flying taxis. This landmark decision puts China at the forefront of the urban air mobility (UAM) race, granting air operator certificates to EHang Holdings and Hefei Hey Airlines for their unmanned passenger aircraft.


Shanghai port completes first-ever ship-to-ship bio-methanol bunkering

WANG YING, 2025-04-01 [chinadaily.com.cn]


Gaza / Palestine / Israel

Israel is About to Empty Gaza

Chris Hedges, April 12, 2025

Israel is poised to carry out the largest campaign of ethnic cleansing since the end of World War II. Since March 2, it has blocked all food and humanitarian aid into Gaza and cut off electricity, so that the last water desalination plant no longer functions. The Israeli military has seized half of the territory — Gaza is 25 miles long and four to five miles wide — and placed two-thirds of Gaza under displacement orders, rendered “no-go zones,” including the border town of Rafah, which is encircled by Israeli troops.

On Friday Defence Minister Israel Katz announced that Israel will “intensify” the war against Hamas and use “all military and civilian pressure, including evacuation of the Gaza population south and implementing United States President [Donald] Trump’s voluntary migration plan for Gaza residents.”


With Bakeries and Kitchens All But Shut Down, Desperate Hunger Engulfs Gaza 

Hamza M. Salha, April 09, 2025 [Drop Site]


Leaked Data Reveals Massive Israeli Campaign to Remove Pro-Palestine Posts on Facebook and Instagram

Waqas Ahmed, Nicholas Rodelo, Ryan Grim, and Murtaza Hussain, Apr 11, 2025 [Drop Site]


Oligarchy

Video of Trump Bragging About Enriching His Billionaire Pals Draws Outrage

Jake Johnson, April 11, 2025 [CommonDreams]


Viewpoint: Why Oligarchs Want a Recession 

[Labor Notes, via Naked Capitalism 04-10-2025]

...Trump has simply been carrying out the promises he’s long made. His global tariff plan, for example, was outlined in 2023. Why, then, have C-suiters remained quiet cheerleaders for Trump while he implemented an economic vision that no sane person would endorse?

Because lavish tax cuts, deregulation, and an environment friendly to union-busting are just as valuable to most CEOs as a growing economy. What they lose in the stock market, they will more than make up in surplus labor, a fire sale on distressed assets, and Trump’s promise to totally eliminate the capital gains tax.

The rich are not a monolith, but the financiers and tech oligarchs (very rich businesspeople with political power) closest to the Trump administration accumulate wealth not necessarily by producing things or investing in societal infrastructure, but rather through a mix of speculation (gambling), amassing predatory private equity, and corporate welfare from the government.

The MAGA-aligned capitalists no longer require a healthy national economy to build their wealth. The working class still does. From their perspective, an economic downturn will punish labor. Win-win, for them. So now the interests of America’s ruling class are almost entirely contrary to advancing labor’s well-being….


The carnage of mainstream neoliberal economics

Student Loans Update: Government May Garnish Millions of Borrowers’ Wages 

[Newsweek, via Naked Capitalism 04-11-2025]


Debt data portal of debt justice 

[CADTM, via Naked Capitalism 04-12-2025]


Trumpillnomics

Direct economics — the great Maga experiment 

Quinn Slobodian, FT, via Naked Capitalism 04-06-2025]

The arbitrariness of the tariffs is a feature not a bug in the plan to short-circuit the financial establishment….

Similar to plebiscites and referendums, direct economics seeks to do an end run around experts and incumbents and communicate straight to individual citizens and voters. It tries to demystify what have long been naturalised processes captured in stock market indices, interest rates and even fiat currency, to expose these as mere tools of the elites in further oppressing the true people.

We can see direct economics in action in three different ways. First is the centralisation of executive power in US President Donald Trump’s tariff policy. The arbitrariness of his tariff announcements is taken as a demerit by many. Yet arguably, from the point of view of direct economics, it is this very arbitrariness that is their strength.

When European traders have to wait until Trump wakes up to know what the flow of the markets will be for the day, this is not a sign of weakness for him but of power. It shows that the abstract ideas of “most favoured nation” treatment or multilateral sovereignty pooling were always shadows on the face of US omnipotence and the president’s capacity to shift action at a global level.


China Just Turned Off U.S. Supplies Of Minerals Critical For Defense & Cleantech 

[CleanTech, via Naked Capitalism 04-08-2025]


A deadly mosquito-borne illness rises as the US cuts all climate-health funding

Zoya Teirstein [Grist]

Climate change is driving an explosion in dengue cases. Studying that connection is about to get much harder.


Jaguar Land Rover stops exporting to USA as Trump Tariffs come into force 

[Bristol Live, via Naked Capitalism 04-06-2025]


BREAKING: Bill that would have blocked OpenAI’s conversion to a for-profit has mysteriously been gutted. 

Gary Marcus [via Naked Capitalism 04-08-2025]


Health care crisis

U.S. maternal mortality rate increased 27% over five years, NIH study finds 

[STAT, via Naked Capitalism 04-10-2025]


Tuberculosis Is Back in the Spotlight. Does the U.S. Even Care? 

[MedPage Today, via Naked Capitalism 04-10-2025]


RFK Jr.’s “MAHA” movement doesn’t want to eliminate chronic illness. They want to eliminate the chronically ill. 

[The Gauntlet, via Naked Capitalism 04-10-2025]


Information age dystopia / surveillance state

Zuckerberg on the Stand: The Trial to Break Up Facebook Starts Monday

Matt Stoller [BIG, via Naked Capitalism 04-11-2025]


OpenAI’s Motion to Dismiss Copyright Claims Rejected by Judge 

[ars technica, via Naked Capitalism 04-06-2025]


AI Crawlers Are Harming Wikimedia, Bringing Open Source Sites To Their Knees, And Putting The Open Web At Risk 

[TechDirt, via Naked Capitalism 04-11-2025]


Collapse of independent news media

Corporate Media Minimize Massive Hands Off! Protests 

[FAIR, via Naked Capitalism 04-10-2025]


The San Francisco Chronicle and the Astroturf Network 

[The Phoenix Project, via Naked Capitalism 04-10-2025]

...Garcia-Ruiz’s tenure at the Chronicle coincided with the rise of the Astroturf Network, a phenomenon covered extensively by the Phoenix Project and smart reporters like independent journalist Gil Duran. It is a story the Chronicle has chosen to ignore and has, indeed, enabled.

Today, San Francisco’s “broligarchs,” as they have become known, have surrounded President Donald Trump. They are beginning to realize aims that are deeply anti-democratic. Many of the moneyed tech crowd want nothing less than to exit democracy, the better to avoid government regulations and taxes. At their behest, President Trump has floated the idea of “Freedom Cities” that will do just that. Among the first sites proposed was the Presidio here in San Francisco.

By the time Garcia-Ruiz unpacked his bags and assumed his new role, a handful of lavishly funded political groups — including GrowSF, Neighbors for a Better San Francisco, and TogetherSF — were well along on a project to convince voters that the city was failing due to progressive governance….


Climate and environmental crises

“Putting a price on nature opens the door to its financialisation, not its protection” 

[REDDMonitor, via Naked Capitalism 04-08-2025]


Trump officials quietly move to reverse bans on toxic ‘forever chemicals’ 

[Guardian, via Naked Capitalism 04-08-2025]


Democrats' political malpractice

[TW: Democrats and progressives are stuck in the neoliberal trade trap.]

Why Aren’t You Supporting the Trump Tariffs?

Les Leopold, April 10, 2025

Take your pick:

1. They will lead to a destructive trade war.

2. They will lead to a massive economic depression, like the 1930s.

3. They will make prices and unemployment rise at the same time, like in the 1970s.

4. They will disappear our savings and pensions as the stock market craters, like in 1929.

5. And to save democracy, WE SHOULD NEVER SUPPORT TRUMP ON ANYTHING!

The United Autoworkers (UAW), one of the most progressive unions in the country, isn’t buying any of this. For now, it supports the Trump tariffs on cars and trucks. As the UAW puts it

“This is a long-overdue shift away from a harmful economic framework that has devastated the working class and driven a race to the bottom across borders in the auto industry. It signals a return to policies that prioritize the workers who build this country—rather than the greed of ruthless corporations.”

….For more than thirty years, the UAW and other unions and progressives have fought free trade deals like NAFTA, adopted in 1994, which in the succeeding decades have brutally undermined American working-class jobs and communities, especially in the industrial areas of the Midwest.

The argument against free trade was simple: Allowing corporations to flee easily and rapidly to low-wage countries put them in a competitive race to the bottom in pursuit of cheaper wages and less costly working conditions. This was especially true in the better-paid U.S. manufacturing industries. Company negotiators threatened job relocation or reductions in virtually every collective bargaining effort with industrial unions.

Corporations said it again and again: “Accept wage and benefit concessions or we’ll move the plant to Mexico.” 

….Progressive Democrats are stuck with a painful dilemma. If they oppose the tariffs across the board, they will be siding with the financiers and CEOs who have profited wildly from low or no tariffs, and have ushered in runaway inequality and increasing job insecurity. (See Wall Street’s War on Workers.)

But Democrats on the left so detest Trump, that it’s nearly impossible for them to join with the UAW to support the tariffs. Unless a new path is forged, progressives will find themselves in an unholy alliance with the Wall Street neoliberals and against the working-class, sounding the death knell for any kind of progressive-worker alliance to build an alternative to Trumpism.


Burn it all Down

Matt Taibbi, April 11, 2025 [Racket News]

...I’ve always had an uncomfortable relationship with the Trump phenomenon. At the best of times, I find him puzzling and maybe dangerous, even when he’s being funny or taking aim at deserving targets.

Now he’s president and people seem reflexively to want more criticism of him, but on this issue, what choice is there? The global economy created by both parties from the eighties onward was not only designed to be a giant predatory clusterfuck, but nearly impossible to unwind. Forget “incrementally,” it’s got to be exploded. Would more of the same and a slow death be better?


Elections Aren't About Compromise— They're About Power... Let the Consultants Burn

Howie Klein, April 11, 2025 [downwithtyranny.com]

“The people who really decided the 2024 election, wrote Kali Holloway, are the ones who didn’t vote at all— and they could hold the key to a Democratic comeback. Holloway urges Democrats to dump the consultant class, which has gotten spectacularly wealthy and delivered disaster to the Democrats who generally only win despite them— in blue wave elections…. “The Democrats’ takeaway from Trump’s victory should be that a party’s political priorities must resonate with the identities of its base. But they have fundamentally misunderstood this assignment, yet again. The consequences of that misunderstanding— or refusal to understand— were reflected in 2024’s turnout, when, by some estimates, a staggering 19 million people who voted for Joe Biden in 2020 stayed home. It’s not that Dem voters became Republican en masse this election. In fact, in ‘nearly a third of the top 50 counties that flipped from Democrat to Republican, Trump’s vote actually declined from his 2020 numbers,’… Trump increased his vote total by just 2.8 million over 2020. The far bigger problem was Harris’s nearly 7 million vote shortfall compared with Biden four years ago.”


Free Speech and the Apocalypse 

Scott Ritter [via Naked Capitalism 04-12-2025]


Conservative / Libertarian / (anti)Republican Drive to Civil War

House GOP Passes Bill That Moves Toward Making Trump a 'King With Unlimited Power'

Julia Conley, April 10, 2025 [CommonDreams]

...The bill, which passed 219-213, with only Rep. Mike Turner (R-Ohio) joining Democrats in opposing it, would limit U.S. District Court judges' ability to issue nationwide injunctions blocking President Donald Trump's executive orders.

The legislation was proposed by Rep. Darrell Issa (R-Calif.) after federal judges blocked several actions by Trump, including his executive order aiming to end birthright citizenship, his mass expulsion of immigrants to El Salvador's prison system, his freeze on federal grants and loans, and the so-called Department of Government Efficiency's (DOGEmass firings of federal employees.


'Bloodless Coup': NC Supreme Court Partially Upholds GOP Vote-Tossing Effort

Olivia Rosane, April 12, 2025 [CommonDreams]


Congress Stops CFPB From Capping Overdraft Fees, Monitoring Big Tech

David Dayen April 9, 2025 [The American Prospect]

The House of Representatives passed resolutions Wednesday that will nullify two Consumer Financial Protection Bureau (CFPB) rules. As a result, low-income customers will pay an estimated $5 billion more annually in overdraft fees, and Big Tech will get to pursue its ambitions to make payment apps and other financial services products with little regulatory oversight.

The resolutions, which have already passed the Senate and will now head to President Trump, use the powers under the Congressional Review Act to reverse regulatory actions taken by executive branch agencies submitted after a certain date. Once passed, the CRA resolutions both nullify the rule and prevent agencies from taking “substantially similar” actions in the future. President Trump signed 16 CRA resolutions in his first term, and two so far in 2025.


Liberty For Me, Control For Thee— Big Brother Wears A Red Hat Made In China Now

Howie Klein, April 10, 2025 [downwithtyranny.com]

With Musk’s lightning speed takeover of everyone’s private, personal files for Trump… authoritarian tendencies are sure trumping any left-over libertarian tendencies in the MAGA-dominated Republican Party. “The federal government,” reported Emily Badger and Sheera Frenkel, “knows your mother’s maiden name and your bank account number. The student debt you hold. Your disability status. The company that employs you and the wages you earn there. And that’s just a start. It may also know your  

  • Active-duty military status

  • Addiction treatment records

  • Adjusted gross income

  • Adopted child’s name

  • Adverse credit history

  • Alimony paid

  • Business debts canceled or forgiven

  • Charitable contributions

  • Child support received

  • Country of birth

  • Country of citizenship

  • Credit and debit card numbers

  • Criminal history

  • Date of birth

  • Date of hiring

  • Dependent Social Security numbers

  • Disability entitlement

  • Driver’s license or state ID number

  • Effective tax rate

  • Employer name

  • Employment termination dates

  • Farm income/loss

  • Foreign business partners

  • Full name

  • Gambling income

  • Health provider name and number

  • High school

  • Home/personal phone number

  • Incarceration status

  • IP address

  • Marital status

  • Marriage certificate

  • Medical diagnoses

  • Mother’s maiden name

  • Moving expenses

  • Nonresident alien status

  • Parent educational attainment

  • Passport number

  • Personal bank account number

  • Personal email address

  • Personal taxpayer ID number

  • Place of birth

  • Prior status in foster care

  • Reason for separation (for unemployment claims)

  • Social Security number

  • Sources of income

  • Spouse’s demographic information

  • Student loan defaults

  • Taxable I.R.A. distributions

  • U.S. visa number

and at least 264 more categories of data.

“These intimate details about the personal lives of people who live in the United States are held in disconnected data systems across the federal government— some at the Treasury, some at the Social Security Administration and some at the Department of Education, among other agencies.

“The Trump administration is now trying to connect the dots of that disparate information. Last month, Trump signed an executive order calling for the “consolidation” of these segregated records, raising the prospect of creating a kind of data trove about Americans that the government has never had before, and that members of the president’s own party have historically opposed.

“The effort is being driven by Elon Musk, the world’s richest man, and his lieutenants with the Department of Government Efficiency, who have sought access to dozens of databases as they have swept through agencies across the federal government. Along the way, they have elbowed past the objections of career staff, data security protocols, national security experts and legal privacy protections.”



The (anti)Federalist Society assault on the Constitution

Will the Supreme Court Crash the Global Economy?

Simon Lazarus, April 13, 2025 [The New Republic]

On April 10, Chief Justice John Roberts placed a case on the Supreme Court’s docket that could potentially entrench far more devastating and irremediable damage to the global economy than Trump’s tariffs….

The case in question consolidates two litigations challenging Trump’s firing of commissioners of, respectively, the National Labor Relations Board, or NLRB (Wilcox v. Trump), and the Merit Systems Protection Board, or MSPB (Harris v. [Treasury Secretary Scott] Bessent). Both of the terminated officials are covered by statutory for-cause-only removal safeguards. Trump and his legal minions acknowledge that there was no basis for removing either official in the requirements specified in the applicable statutes; both officials had exemplary performance records, which plainly failed to meet the identical criteria in both statutes that permit removal only for “inefficiency, neglect, or malfeasance.”

Nonetheless, Trump’s Justice Department lawyers maintain that he can ignore these strictures because the Constitution bars Congress from placing any limits on his ability to fire agency heads for any reason or no reason. “The President,” Solicitor General John Sauer told the justices in his brief, “should not be forced to delegate his executive power to agency heads who are demonstrably at odds with the Administration’s policy objectives for a single day.”….

Of the two, the calamitous-consequences barrier, while as yet only fleetingly acknowledged by the justices, is no doubt the most daunting. In particular, two words give that prospect intimidating force. Those words are the Fed. As legal scholar Stephen Vladeck recently wrote, “The not-very-well-kept secret is that the justices are (understandably) wary about handing down a ruling that would allow any President, and perhaps this one in particular, to exercise direct control over U.S. monetary policy by controlling who sits on the Federal Reserve Board.” Since the original Framers’ establishment of the first and, especially, the second Bank of the United States, a broad and bipartisan consensus has hardened, in the U.S. as well as every industrialized nation, that an independent central bank with far-reaching powers is essential to maintaining monetary stability and sustaining economic growth….


Makers of Rent-Setting Software Sue California City Over Ban 

[Associated Press, via Naked Capitalism 04-06-2025]

[TW: So, now that the (anti)Federalist Society reinterpretation of the Constitution is nearly complete, and with Trump in the White House, corporations have begun arguing that price fixing is merely an exercise of free speech.]


Civic republicanism

Trust and the End of the American Empire

Jim Stewartson wrote on April 7, 2025

The Executive Branch is simultaneously too weak, and too strong. Put a man in the presidency who adheres to norms and institutions and the worst crime in modern American political history, January 6th, goes totally unpunished — except for the foot soldiers. Put a malignant narcissist in the presidency who has no regard for anything but his own power and you get the unrecoverable disaster we see around us. Neither of these is acceptable.


Resistance

Not Just Unions; Strike-Ready Unions

Hamilton Nolan, April 12, 2025 [How Things Work]

The power to withhold your labor—the power of the strike—is the seed of all worker power. If you are a poor working person with no economic resources or political connections, what leverage do you have against your richer, better connected, more legally protected boss? The answer is: your leverage is your own work….

...since 1935, unions in America have existed not in a Wild West world where the strike was the only way to get things done, but in a world where there are intelligible laws and government agencies that mediate the employer-labor relationship. Contracts and laws and NLRB regulations became the dominant playing field of union power. Strikes still happened, but an overriding purpose of labor law has been to encourage “labor peace”—to minimize the need for work disruptions.

Today’s labor movement is the product of 90 years of this dynamic. Today’s big unions have been built to operate and wield power in the context of these rules. Most major unions are more commonly engaged in legal fights (where courts and regulators decide the limits of worker power) and political fights (to pick the referees who will ultimately write the government’s rules) than in strikes.

This is even more true in the public sector, which represents about half of union membership in America today. Millions of federal, state, and local government workers are legally prohibited from striking. Their unions are primarily administrative entities that negotiate and oversee contracts. These unions, to varying degrees, are the embodiment of the premise that organized labor power can exist in the absence of the strike—that laws, contracts, and regulations are enough to guarantee workers their rights.

That premise turns out to be false. We are now living through a brutal demonstration of its emptiness. The Trump administration, which cares only about power and not at all about the traditional niceties of law and public relations, has begun simply throwing union contracts in the trash and declaring that existing federal unions do not exist after all, because the boss says so. This is the worst thing that a boss could possibly do to a union. It should prompt the strongest response. If anything should cause a union to strike, it is this….

If working people agree to act in solidarity and have the willingness to strike, they can strike, and nobody can stop them. And if they have thought carefully about their leverage, and they act wisely, they can win that strike, no matter what the law says. Ask all the teachers who won their illegal strikes all across America in 2018. For that matter, ask any sanitation worker. If they stop picking up the garbage long enough, they will have their demands met. Think about power, not laws made by people who are out to destroy you….


Crossing the U.S. Border? Here’s How to Protect Yourself

Nikita Mazurov, Matt Sledge, March 29, 2025 [The Intercept]

Searches of phones and other electronics are on the rise for those entering the U.S. Take these steps to help secure your devices.


Managing Unexpected ICE Visits: Best Practices for Employers

March 19, 2025 [IndustryWeek]