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No wonder Wall Street fears Warren and Sanders ? they speak for the people

No wonder Wall Street fears Warren and Sanders ? they speak for the peopleDonald Trump?s victory showed right v left is irrelevant but he made anti-establishment fury work for those in chargeElizabeth Warren speaks in New Hampshire. Photograph: Elise Amendola/APIn the conventional view of American politics, Joe Biden is a moderate while Elizabeth Warren and Bernie Sanders are on the left and Donald Trump is on the right.This conventional view is rubbish. Today?s great divide is not between left and right. It?s between democracy and oligarchy.There are no longer ?moderates?. There?s no longer a ?center?. The most powerful force in American politics today is anti-establishment fury at a rigged system.Four decades ago, when America had a large and growing middle class, the left wanted stronger social safety nets and more public investment in schools, roads and research. The right sought greater reliance on the free market.In those days, a general election was like a competition between two hotdog vendors on a long boardwalk extending from left to right. To maximize sales, each had to move to the middle. If one strayed too far left or right, the other would move beside him and take all sales from the rest of the boardwalk.This older American politics is now obsolete. As wealth and power have moved to the top and the middle class has shrunk, more Americans have joined the ranks of the working class and poor.> Most Americans ? whether once on the left or right ? have become politically disempowered and economically insecureMost Americans ? regardless of whether they were once on the left or right ? have become politically disempowered and economically insecure. Nowadays it?s the boardwalk versus private jets on their way to the Hamptons.As Rahm Emmanuel, Barack Obama?s chief of staff and former mayor of Chicago, told the New York Times: ?This is really the crack-up. Usually fights are Democrats versus Republicans, one end of Pennsylvania versus the other, or the left versus the right. Today?s squabbles are internal between the establishment versus the people that are storming the barricades.?In 2016, Trump harnessed many of these frustrations, as did Sanders.The frustrations today are larger than they were in 2016. Corporate profits are higher, as is CEO pay. Markets are more monopolized. Wealth is more concentrated at the top. Although the official unemployment rate is lower, most peoples? incomes have gone nowhere and they have even less job security.Meanwhile, Washington has become even swampier. Big corporations, Wall Street and billionaires have flooded it with money and lobbyists. Trump has given out all the tax cuts, regulatory rollbacks and subsidies they have ever wanted. The oligarchy is in charge.Why hasn?t America risen up in protest? Because American democracy was dysfunctional even before Trump ran for president. The moneyed interests had already taken over much of it.It?s hard for people to get very excited about returning to the widening inequalities and growing corruption of the decades before Trump. Which partly explains why Biden is foundering.> The stark reality is that Democrats cannot defeat Trump?s authoritarian populism with an establishment candidateAt the same time, Trump and his propagandists at Fox News have channeled working-class rage against the establishment into fears of imaginary threats such as immigrants, socialists and a ?deep state?.But a large majority of Americans ? right and left, Republican as well as Democrat ? could get excited about moving toward a real democracy and economy that worked for the many.This is why the oligarchy is so worried about Warren?s rise to frontrunner status in some polls.Politico reports that Democratic-leaning executives on Wall Street, in Silicon Valley and across the corporate world are watching her with an increasing panic.?Ninety-seven per cent of the people I know in my world are really, really fearful of her,? billionaire Michael Novogratz told Bloomberg.These Democratic oligarchs hope Biden, or perhaps Pete Buttigieg or Amy Klobuchar, can still take Warren out.In just the third quarter, Buttigieg raised about $25,000 from executives at Wall Street firms including Goldman Sachs, Morgan Stanley, JPMorgan and hedge fund giants like Bridgewater, Renaissance Technologies and Elliott Management. And another $150,000 from donors who described their occupation as ?investor?.If Biden implodes and neither Buttigieg nor Klobuchar takes the lead from Warren, Wall Street and corporate Democrats hope former New York mayor Michael Bloomberg will ride into the primary at the last minute.It won?t work. The stark reality is that Democrats cannot defeat Trump?s authoritarian populism with an establishment candidate who fronts for the oligarchy.The only way Democrats win is with an agenda of fundamental democratic and economic reform, such as provided by Warren and also by Sanders.Unless Democrats stand squarely on the side of democracy against oligarchy, the risk on election day is that too many Americans will either stand with Trump or stay home. * Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. He is also a columnist for Guardian US



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Birmingham couple charged with murder after abducted 3-year-old's body found in dumpster

Birmingham couple charged with murder after abducted 3-year-old's body found in dumpsterAn Alabama couple have been charged with capital murder in the suffocation death of 3-year-old Kamille "Cupcake" McKinney who was found in a dumpster



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South Korea Is Still Having Big Problems With Corruption

South Korea Is Still Having Big Problems With CorruptionA bad day for the Moon administration.



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Marine Veteran Is Deported to El Salvador

Marine Veteran Is Deported to El SalvadorA Marine Corps veteran who served in Iraq and Afghanistan was deported to El Salvador this week after several failed attempts to stay in the United States, where he had lived since he was 3 and had been convicted of several felonies, his lawyer and immigration officials said.The case was another chapter in the contentious debate over how the United States' immigration system handles military veterans who are not citizens and have been convicted of crimes, leaving them open to deportation.The deported man, Jose Segovia-Benitez, 38, who grew up in Long Beach, California, is in hiding in El Salvador after his removal Wednesday, his lawyer, Roy Petty, said Thursday night. Segovia-Benitez's background in the U.S. military makes him a target for kidnapping by gangs, Petty said."He's a Marine," Petty said. "He's tough. He's been in worse situations before. He's in good spirits."Lori K. Haley, a spokeswoman for Immigration and Customs Enforcement, declined to answer questions about the case, saying in a statement, "Mr. Segovia-Benitez is a citizen of El Salvador who has repeatedly violated the laws of the United States."Segovia-Benitez was ordered removed in October 2018 and had been held at a detention center in Arizona for about a week before he was deported without advance notice, his lawyer said.Segovia-Benitez suffered a brain injury from an explosive device in Iraq and was honorably discharged from the military in 2004 after serving for five years, Petty said."He's been classified by the VA as 70% disabled for traumatic brain injury and post-traumatic stress disorder," Petty said, adding that his client had not received sufficient treatment from the Department of Veterans Affairs.While in the military, Segovia-Benitez had applied for naturalization, Petty said, but because of his deployment and his injury, he was unable to complete the process.Segovia-Benitez repeatedly ran into legal trouble over the years. His felony convictions included assault with a deadly weapon, false imprisonment and narcotics possession, and he was sentenced to eight years in prison for corporal injury to a spouse.Petty said that people with traumatic brain injuries are more likely to act erratically.Carlos Luna, president of Green Card Veterans, an organization that works on behalf of veterans who are at risk of deportation or under removal orders, said Thursday: "The communities where these men and women come from are overpoliced. They are judged more harshly than other Americans."He added, "Veterans are no exception to any of these. In fact, we see an increased rate of veterans within our justice system."There is little data on how often veterans are deported, Luna said. The U.S. Government Accountability Office released a report in June that said ICE had developed policies for handling cases of veterans who are not citizens and may face deportation, but the agency does not consistently adhere to those policies, and it does not consistently track the veterans.Segovia-Benitez was ordered deported Oct. 10, 2018, and he appealed his case with the Board of Immigration Appeals, which was denied, ICE said. He also filed two stay requests with the 9th U.S. Circuit Court of Appeals, and those requests were also denied, according to the agency.Segovia-Benitez had nearly been deported Oct. 16 of this year, according to Petty. He was pulled off a plane bound for El Salvador after his lawyer contacted ICE arguing that his immigration case should be reopened. Segovia-Benitez was sent to the ICE facility in Arizona, where he was held until Wednesday.Segovia-Benitez's deportation was reported Wednesday by The Orange County Register, which had covered his case extensively.Efforts to stop Segovia-Benitez's deportation had reached Gov. Gavin Newsom of California, who was asked to consider a pardon on an expedited basis, Petty said, adding that the governor was still weighing it.Vicky Waters, a spokeswoman for Newsom, said his office was "unable to discuss individual pardon applications but can assure that each application receives careful and individualized consideration."Segovia-Benitez's deportation added him to the list of deported people who have made national headlines after being deported to countries they had never visited or had left as children.Miguel Perez-Montes, an Army veteran who arrived in the United States legally when he was 8 and served two tours of duty in Afghanistan, was deported to Mexico in early 2018 after his application for citizenship was denied because of a 2010 felony drug conviction.Other deportation stories involving veterans have ended differently. Marco A. Chavez, a Marine veteran who was deported to Mexico in 2002, was allowed to return in 2017.Petty said he was still trying to reopen Segovia-Benitez's immigration case. "We're still able to present evidence showing that his life is in danger in El Salvador because of his service in the U.S. Marines," he said, adding that criminal defense lawyers are also working to reopen his criminal cases.Petty said it was "impossible to know" how long it could take to resolve Segovia-Benitez's case."Immigration could still choose to leave him outside of the country," he said.This article originally appeared in The New York Times.(C) 2019 The New York Times Company



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