The C.A.A. will be on vacation starting tomorrow. Regular posts will resume on Saturday, December 6th.
Wednesday, November 19, 2025
Rage Against the Machine
By Nick Catoggio
Tuesday, November 18, 2025
I’m not a Democrat, so I’m not duty-bound to hate Chuck
Schumer and Hakeem Jeffries for silly reasons like “they don’t fight.”
Instead, I get to hate them for more sensible reasons, like the fact that most
of their policies are bad.
My contempt for the “they don’t fight” school of
criticism is partly a symptom of political PTSD. It’s the same thing Tea Party
populists used to say about Republican leaders like Mitch McConnell and Paul
Ryan circa 2015, and look how well that’s turned out for our country.
When you select for “fighters” in your leadership, you’ll
get leaders who treat politics as performance art.
“They don’t fight” is also irksome in this case
because it underestimates the challenge Schumer and Jeffries are facing. Their
branch of government has been swallowed nearly whole by the executive, with the
eager
acquiescence of the majority in the House and Senate. They’re not just in
the minority, as McConnell and Ryan were during the early years of Barack
Obama’s presidency, they’re in the minority of a branch that barely still
exists. They’re playing “Congress” on hard mode.
And when they did recently get a rare opportunity to
fight, they took it and scored
a clear political victory—the first time a minority party has ever improved
its political standing by instigating a shutdown. Cut ‘em some slack.
Above all, “they don’t fight” bothers me because
it absolves American voters of the blame they deserve for the mess we’re in.
Reelecting a domineering sociopath after a failed autogolpe was an act
of collective madness; reelecting him and handing him majorities in both
houses of Congress, guaranteeing that he’d govern with near-impunity for his
first two years, may be the most reckless thing the American electorate has
ever done.
If you’re faulting Schumer and Jeffries for not fighting,
you’re letting the rotten voters of this country off the hook for having chosen
to give the opposition virtually no power to restrain an aspiring autocrat. We
all cope with the civic disintegration of the United States in our own way, and
that’s what most of the criticism of the Democratic leadership in the House and
Senate is: cope.
Most, but not all. As the drama between Reps. Chuy García
and Marie Gluesenkamp Perez plays out in the House, I’m gaining a better sense
of why so many Democrats despise their party’s leadership.
Rigged election.
García represents a deep-blue district in Illinois. Late
last month he filed the paperwork to run for a fifth term in Congress but was
hit soon after with bad
news when his doctor advised him to quit for the sake of his health. His
wife’s multiple sclerosis has also taken a turn for the worse, and the couple
just adopted one of their young grandchildren, who was orphaned after García’s
daughter passed away a few years ago.
After thinking about it, he changed his mind and
announced on November 4 that he’ll retire after serving out the rest of this
term. All well and good—except for the timing. The deadline for candidates to
enter the race had expired just the day before and, as it turns out, that was
no coincidence. Per CNN,
“One day before his announcement, García’s chief of staff, Patty Garcia, who
has no relation to the congressman, filed petitions with the Illinois State
Board of Elections to run for the seat ahead of the 5 p.m. filing deadline that
day.”
That’s the electoral equivalent of insider trading.
García and his chief of staff were privy to inside information about his
retirement; instead of announcing it immediately and giving hopefuls in his
district a chance to throw their hats into the ring, they kept it quiet so that
his chief of staff would be the only Democrat to beat the deadline.
Essentially, the two “rigged” the coming House election by gaming the timing so
that she would end up running unopposed in a primary.
García’s organization even quietly helped her collect
signatures to qualify for the ballot.
It was classic scummy machine politics—and not the first
example in which he’s been involved. He, too, “inherited” his House seat when
the previous occupant blindsided the district by announcing
his retirement and endorsing García on the same day. Yet, with one
exception, none of García’s Democratic colleagues had an issue with what he and
his chief of staff did.
The exception was Gluesenkamp Perez, who was so offended
by it that she filed a privileged
resolution condemning Garcia’s actions as “beneath the dignity of his
office and incompatible with the United States Constitution.” In a floor speech
on Monday, she made
her case succinctly: “If you’re not going to run, you don’t get to choose
your successor, no matter how noble the work you have done beforehand.”
She’s right, and a few members of her party said so. Yet
when the House voted yesterday on whether to kill her resolution, the only
Democrat to join her in opposition was centrist Jared Golden, who will also
retire after this term. The rest of her colleagues were furious at her—her,
not García—and let her hear it, with one going as far as trying to block her
from speaking on the floor because she was wearing jeans.
Jeffries announced Tuesday morning that Democratic
leaders would oppose Gluesenkamp Perez’s resolution when it returned to the
floor for a vote on final passage, but his statement
only proved her point. Instead of explaining why it’s supposedly fine for a
House member to connive in handing his seat to an anointed successor, Jeffries
resorted to argle-bargle about what a fine progressive and swell guy García is.
At no point did he try to defend what the congressman did because what García
did is indefensible, as everyone understands.
Hakeem Jeffries fights … his own members, when
they dare to call foul on naked corruption within their party. My political
PTSD from covering 10 years of the filthy Trumpified GOP is suddenly flaring.
Is there any good reason for Democrats to be Team García
here instead of Team Gluesenkamp Perez?
Unity above all?
I don’t know about good reasons, but there are
reasons.
Given Democrats’
obsession with “messaging” and “distractions,” I’m sure there’s a camp
inside Jeffries’ caucus that stupidly believes the infighting risks
“distracting” from Epstein
Week in the House. It doesn’t. The average Barstool Sports reader has a
good idea of what’s going on with the Epstein files, I suspect, but ask them
about García versus Perez and they’re apt to think you’re talking about an
upcoming welterweight fight.
Such is the public interest in Epstein that war with
Venezuela might not succeed in distracting from it. Stay tuned.
The left being the left, there may also be some
apprehension about singling out a Hispanic member for disapproval at a moment
when Latino voters are peeling
away in droves from the GOP and reconsidering their political options. But
that’s also stupid, and not just because Gluesenkamp Perez is Hispanic herself.
Latino disaffection with Trump is being driven by powerful political forces,
from the high cost of living to ICE’s renegade immigration tactics. Compared to
that, an inside-baseball process dispute among House Democrats won’t register
with anyone who doesn’t already subscribe to Roll Call.
The closest thing to a “good” reason for siding with
García is that Democrats are a bit … sensitive at the moment to disunity in
their own ranks.
Progressives want
Chuck Schumer’s head on a pike after the Great
Shutdown Betrayal of 2025, never mind that Schumer voted against ending the
standoff and reportedly convinced his members to keep
it going longer than they wanted to. The base is enraged that Senate
Democrats couldn’t hold together to maximize their negotiating leverage,
particularly when faced with an opponent as ruthless as the president. To
stand a chance against the partisan enemy, the left must prioritize unity—even
if, as in García’s case, that means overlooking contemptible behavior by its
own side. Annnnnnd here
comes my PTSD again.
Gluesenkamp Perez is firing inside the tent at a moment
when Democrats are desperate to have everyone firing outside of it. And by
bringing her objections to the House floor rather than resolving them
privately, she’s setting a precedent that might encourage future Democrats to
call out each other’s unethical behavior with formal legislative action (ahem),
creating a string of embarrassments for the party.
An effective political faction does need to maintain a
degree of unity to be effective, of course. But it beggars belief to watch the
opposition, led by Hakeem Jeffries, choose unity over self-policing at a moment
when the ruling party’s experiment with that choice has produced the most freakishly,
almost proudly corrupt administration in American history. Having watched
Republicans overdose on partisan heroin daily for a full decade, Democrats are
reaching for the needle.
The case for disapproval.
So the first thing to say in Gluesenkamp Perez’s defense
is this: If you’re worried about which precedents are being set in Congress,
consider that naming and shaming election-riggers like Chuy García might set a
virtuous one by deterring future Democrats from emulating his tactics. Everyone
hates corrupt machine politics (except the politicians who benefit from it),
right? Well, machine corruption is slightly riskier today than it was a few
days ago now that someone on the Democratic side is calling it out.
Gluesenkamp Perez’s gambit has another benefit. It’s a
signal that Democratic officials are taking voters’ disgust at the party’s
leadership seriously.
Democrats’ favorability sank to 34
percent in July, the lowest Gallup has ever recorded for the party. Partly
that’s due to progressive disaffection (“they don’t fight”) but it also
reflects the problems that drove last year’s election catastrophe. Too woke in
cultural matters, too remote from cost-of-living challenges, and waaaaay
too old and fragile: The case that the Democratic establishment was
hopelessly “out of touch” was broad and deep. They needed a rebrand,
desperately.
Their latest round of candidates has gotten
to work on addressing that, but the fact that the party continues to be led
mostly by too-old, too-familiar faces like Schumer’s makes a true rebrand
difficult. And when the current despised Democratic establishment gets to choose
its own successors, as happened with Chuy García and his chief of staff, a
rebrand seems all but impossible. As left-wing data-cruncher David Shor noted,
it’s probably not a coincidence that some of García’s most ardent defenders in
this dispute were also dead-enders about Joe Biden’s supposed continued
viability as a presidential candidate.
Enter Marie Gluesenkamp Perez, insisting that if
Democrats simply must be saddled with an unpopular machine atop the party, that
machine should at least not be self-perpetuating. If Jeffries is worried that a
competitive election in a district as blue as García’s might have produced
another officeholder in the fringy Zohran Mamdani mold, I don’t blame him—but I
also won’t be surprised (well, a little surprised) if Mamdani proves as popular
as, say, Alexandria
Ocasio-Cortez is. The first step to solving a political image problem is
actually giving voters a chance to elevate Democrats whom voters find likable,
right?
“The left needs fresh blood” can’t mean “the left needs
Chuy García to choose his replacement.”
There’s one more thing this episode does for Democrats,
although maybe it doesn’t matter much in 2025. Gluesenkamp Perez’s stand is a
small gesture at taking democracy seriously.
Americans don’t take democracy very seriously. If they
did, we wouldn’t have the president that we do. Kamala Harris and her party
worked hard last year to identify as defenders of democracy and the
constitutional order, even dragging Liz Cheney out on the trail to make the
civic case against Trump. That produced a Republican trifecta in charge of the
federal government, with concerns about authoritarianism washed away by
concerns about grocery prices like tears in the rain.
But Americans do have certain strong-ish opinions about
democracy—specifically, they
hate partisan redistricting. Our two parties are engaged in an
arms race on that front at the moment, of course, forced by a prisoner’s
dilemma to redistrict ruthlessly for the sake of maximizing their chances at
winning the House. Voters hate the idea in principle, though, as it amounts to
letting a state’s majority party pick its own voters by drawing the lines of
House districts to give itself a heavy advantage.
Trump’s mid-decade
redistricting ploy and the
Democrats’ reprisals are destined to further shrink the ever-shrinking
number of truly competitive House districts. According to the Cook
Political Report, just 16 seats next fall will be true toss-ups, while
another 18 “lean” toward one party or the other. That’s less than 8 percent of
the House that’s fully in play. That’s what’ll decide whether the president
gets to govern autocratically in his final two years or not.
It’s ridiculous, Americans know it’s ridiculous, and
it’ll seem that much more absurdly ridiculous as unseating the dominant party
in any given House district becomes almost impossible. Throwing a spotlight on
García’s chicanery is Gluesenkamp Perez’s way of getting ahead of that
backlash. Politicians shouldn’t pick the winners in elections—not via
redistricting and not by gaming the filing deadline with a handpicked successor
to orchestrate an outcome almost by default.
Bad omen.
And so I don’t understand why Hakeem Jeffries felt
obliged to take a position on Gluesenkamp Perez’s resolution, which ended up passing this
afternoon with 23 Democrats in favor.
If he needed to appease García’s friends in the caucus by
issuing a statement vouching for his good character, fine, I guess. But for
Jeffries to oppose a rebuke that’s plainly warranted is necessarily to ally
himself with corruption against accountability in the name of partisanship.
It’s probably the single Trumpiest thing he’s done as minority leader.
And it sure doesn’t bode well for Never Trumpers’
fantasies about a return to good government if Democrats regain power in 2028,
replete with aggressive legislative reforms to curb the runaway powers of an
imperial presidency. It’s nice to imagine the out-party resolving to
“Trump-proof” the executive branch once it gets the chance to do so, but it
already had the chance to do so in 2021 and 2022 and achieved … not
quite nothing, but close to nothing.
Speaker Hakeem Jeffries is almost certainly not going to
ride herd on President Gavin Newsom if he’s not willing to remain at least
neutral about wrist-slapping a retiring congressman who got caught practicing “election
denial of another kind,” as David Axelrod put it. If we’re lucky, he’ll be
replaced before he gets a chance to take the gavel. But America is seldom lucky
anymore in politics.
The Pike Place Proletariat: ‘Barista Socialism’ Is a Metaphor No More
By Noah Rothman
Monday, November 17, 2025
Michael Barone saw the still nascent ideological schism
roiling both major political parties today coming in the spring of 2023. He
foresaw the isolationist nationalism that is presently vying for primacy on the
right, and he forecast a socialist rebellion that would attempt to supplant
both liberalism and even progressivism on the left. The latter group he
offhandedly branded the vanguard of what he called “barista socialism.”
It was a useful pejorative — a sobriquet with teeth that
nevertheless succinctly described the cutting edge of the revolutionary
political left who bear little resemblance to the proletarian avatars Marx
himself believed would lead the revolution.
In the Marxian imagination, the tip of the socialist
upheaval’s spear was dispossessed by the factory labor system. He worked long
hours in dangerous conditions. She had limited access to formal education and
owned none of the tools of her trade. They were cogs in a ruthless machine.
Their substance depended entirely upon their employer, and the lack of
competition for their labor ensured that its “surplus value” would be exploited
to the fullest — at which point the expendable worker would be discarded.
The Marxian ideal never comported with the reality of the
revolutionary socialist movement, the highest ranks of which are historically
glutted with comfortable, well-educated theorists who can count on enough
material security to spend their time romanticizing about revolutionary
politics. In that sense, the world has been afflicted by “barista socialism”
for well over a century.
But what was once a practical metaphor evolved into
something far more literal in recent days as America’s self-described
socialists and their allies mount a full-court press on behalf of the
subjugated and oppressed who languish behind the counter at your local
Starbucks.
“Starbucks workers across the country are on an Unfair
Labor Practices strike, fighting for a fair contract,” New York City
Mayor-elect Zohran Mamdani wrote last week. He urged his followers to
boycott the ubiquitous coffee shop in support of a strike by roughly 1,000 of
Starbucks’ 240,000 or so baristas — a labor action that threatens to balloon
this week if the barista union’s demands are not met. “No contract,” he wrote,
“no coffee.”
Mamdani wasn’t alone. The incoming socialist mayor of
Seattle, Katie Wilson, joined striking Starbucks workers on a picket
line over the weekend, where she, too, endorsed a boycott. “Baristas make
Starbucks an extraordinarily wealthy company,” she
insisted. Senator Bernie
Sanders agreed. Any company that can afford to “pay $96 million to its CEO”
can provide its workers “a living wage and decent benefits,” he wrote. “It’s
ridiculous that baristas are STILL fighting for a living wage and fair labor
practices,” Seattle-area Representative Pramila
Jayapal inveighed.
With a cheering section like this, it’s no wonder the
Starbucks union anticipates the “largest, longest strike” in the company’s history.
Starbucks “is surviving off the dregs of its reputation,” one disgruntled
worker wrote in a USA Today op-ed. The author laments that his
$17-per-hour wage is insufficient to cover rent, basic necessities, and his
mother’s medical expenses in pricey Chicago. And he chafes even more knowing
that the company’s C-suite executives enjoy nine-figure pay packages and attend
multi-million-dollar conferences to which they sojourn on private jets.
The displeased employee insists he and his fellow
strikers only want to improve their conditions as well as the customer
experience. Some employees insist they don’t get enough working hours to
qualify for the company’s admittedly generous benefits — among them, a
compensation package worth $30 per hour, 18 weeks paid family leave, and 100
percent tuition for a four-year college degree. They want more hours, higher
pay, and more staff to reduce customer wait times. Starbucks management claims,
however, that the union’s proposals would “significantly alter Starbucks’
operations,” NBC News reported, “such as giving workers the ability to
shut down mobile ordering if a store has more than five orders in the queue.”
So, which is it? More staff and shorter wait times, or fewer workers making
better pay for doing less?
So far, the impasse has persisted. The small number of
unionized Starbucks workers relative to the firm’s total number of employees
suggests this conflict would likely go unnoticed but for the intervention of
America’s youngish socialist agitators. Their fight is illustrative of the
quality of the cause to which the socialist left is attracted, as well as the
supposed proletarian cadres that are among the most class-conscious factions in
American politics.
Trump’s Eye-Popping Postelection Windfall
By Michael Scherer & Ashley Parker
Tuesday, November 18, 2025
On the morning after he won a second term as president,
Donald Trump placed an unexpected call to his top fundraiser, Meredith
O’Rourke. The night before, he’d told a ballroom of supporters in West Palm
Beach, Florida, that he had held his last political rally—“Can you believe
it?”—and was ready to focus on governing. But his message to O’Rourke after the
break of dawn was different. “I want you to keep going,” he told her.
Within weeks, that message had gone out to his Republican
donors, as well as to Fortune 500 companies and billionaire investors who
typically avoided electoral politics. Their first opportunity was his second
inauguration committee, which would eventually raise $241 million, about $90
million more than organizers needed to fund the events—and nearly four times as
much as Joe Biden had raised for his own inauguration, in 2021. But that was
just the beginning.
Trump wanted money for the sorts of political operations
that many politicians support—the Republican National Committee, his own
political action committee, a new dark-money nonprofit group, a super PAC run
by longtime advisers. But he was also requesting money for technically
apolitical nonprofit causes that offered corporations and wealthy individuals a
chance to make tax-deductible contributions, including a dramatic White House
renovation, the Kennedy Center for the Performing Arts (now
under his control), his presidential library, and a celebratory Army parade
on his birthday. By August, Trump estimated
that he had collected at least $1.5 billion since the election, more than all
the money raised to support his 2024 campaign over two years, including
funds raised by supportive independent super PACs. The tally is now approaching
$2 billion, two people familiar with the effort—who, like others, were not
authorized to speak publicly—told us.
Trump has kept careful track of the money coming in,
regularly calling O’Rourke late at night for updates. He monitors who is
giving, who is not, and the role of lobbyists who bundle donations, those
familiar with his efforts told us. At times, the actual donation amount is less
important to the president than the percentage of the donor’s overall assets.
He thanks the most generous benefactors at swanky events at the White House and
his clubs.
Much of the money has come from people or entities that
have business before the government. Defense contractors, cryptocurrency
investors, and technology companies have put in tens of millions of dollars as
he has deregulated the industry or dropped enforcement proceedings. A select
group of companies and executives—Amazon, Lockheed Martin, Coinbase, Palantir
CEO Alex Karp—are top donors to multiple Trump projects.
Nothing on this scale was ever attempted by a sitting
president prior to Trump. Other recent administrations have faced their own
scandals over fundraising efforts. But Trump’s approach—in the extent of the
donations he’s soliciting, the secrecy with which some are handled, and the
frankness of the exchange of dollars for presidential favor—puts even the most
ambitious prior efforts to shame. And he’s just getting started. “He hasn’t
stopped,” a third person told us, “and I don’t anticipate that we will stop.”
***
Trump’s relentless fundraising has alarmed ethics
watchdogs who have worked for years to reduce the role of large donations in
buying access or protection from government regulation.
“While it is not unusual for lame duck presidents to
fundraise for their Libraries, what we are seeing from President Trump in his
first year of office is shockingly unprecedented,” Trevor Potter, a former
Republican chair of the Federal Election Commission (FEC) who now runs the
Campaign Legal Center, told us in a statement. “The president’s seemingly
insatiable drive for money from corporations and billionaires seeking
government favors (or merely hoping to procure protection from Trump attacks on
their business interests) sends a clear signal to everyday Americans that their
needs come far behind those of the ultrawealthy who are buying access and
favor.”
Trump advisers maintain that the only reason people are
giving is that they support the president’s agenda. The White House
spokesperson Davis Ingle described Trump as “the most dominant figure in
American politics from fundraising to the campaign trail,” and said that donors
were willing to give because of the “historic progress” of his administration.
Others familiar with the efforts say that more
transactional motivations are at play. Media and technology companies that
Trump has sued have collectively made $85 million in payments to some of his
pet projects in order to settle the lawsuits. These include donations made by Meta
(sued for deplatforming Trump after January 6) and Paramount (the parent
company of CBS News, which Trump sued) to the Trump library, and a donation
from Alphabet
(the parent company of YouTube, which deactivated Trump’s account after January
6) for the ballroom. The donations came at a time when those companies were
also seeking regulatory favor from his government. In Paramount’s case, the
incoming chair
of the Federal Communications Commission said that Trump’s unsettled
complaint could complicate its planned merger with another company, pressuring
Paramount to pay up despite significant doubts over the case’s merits. Some
companies and executives also fear unfavorable government action if they don’t
give.
“There are people being asked to do
10-to-25-million-dollar checks for the ballroom, for the inauguration, for the
presidential library,” another person familiar with the requests told us. “That
spigot is never going to close, ever. This is just the cost of doing business.
They will write a multimillion-dollar check to avoid the $2 billion lawsuit.
It’s a business decision.”
Only parts of Trump’s $2 billion haul have been publicly
disclosed, often in media reports or in comments by the president. Under public
pressure, the White House released
a list of three dozen major donors to the new ballroom, which Trump expects
to cost $300 million. (The president said late last month that “more
than $350 million” had been raised.) Trump’s team disclosed the $241
million in inauguration fundraising to the FEC, as required by law. Trump’s
team raised
about $33 million for an Army parade in Washington, D.C., and other
celebrations, The Atlantic previously reported. The Kennedy Center
raised $58 million last month, according to its
president, Richard Grenell, after a separate Trump fundraiser for the
center in June requested
checks of $100,000 to $2 million.
***
Little is known about how much fundraisers have collected
for the Donald J. Trump Presidential Library Foundation, which Trump’s son Eric
and Trump’s son-in-law Michael Boulos established
in May. Efforts by Miami Dade College to give land to the foundation for a
future library site in downtown Miami have
been blocked by Florida courts. The foundation has yet to report any
revenue, though ABC News announced that it would pay a $15 million settlement
to the future library to resolve a lawsuit by Trump against the anchor George
Stephanopoulos for his false claim that Trump had been found “liable for rape,”
when the jury verdict was for sexual abuse. (A New York judge said
that the jury’s findings against Trump described rape “as the term commonly
is used and understood in contexts outside of the New York Penal Law.”)
Trump is also continuing to run a presidential-scale
political-money operation alongside the fundraising efforts by House and Senate
leaders for the 2026 midterm elections. From the end of November 2024 to June
30, 2025, his team brought in $229 million to MAGA Inc., a super PAC run by
aides that is not directly controlled by Trump. During the same period, he
raised an additional $63 million through Trump National Committee JFC, a
small-dollar joint fundraising operation with the Republican National Committee,
according to FEC records. Both groups will report their fundraising for the
second half of the year at the end of January.
His team has also collected funds for a dark-money group,
Securing American Greatness. The organization will not disclose its fundraising
in 2025 until it releases its tax forms next year, and it has no legal
obligation to reveal individual donors. One technology company, Qualcomm, disclosed
to its shareholders a donation of $1 million to Securing American Greatness
along with a gift of $1 million to the inaugural committee, suggesting the
possibility that other corporations are also pairing their public donations
with secret ones. Since early May, Securing American Greatness has spent nearly
$18.5 million on advertising, according to independent tracking of ad spending
that a political operative shared with us. The ads, which included a major
spring campaign in support of Trump’s budget bill, have targeted congressional
districts that are expected to be competitive in 2026, and the group also spent
money to get out the vote before the off-year elections in Virginia this month
that Democrats
dominated.
Trump and his aides cast donations to his political
groups or priorities as acts of patriotism, often celebrating donors at lavish
dinners. About 125 donors to the ballroom project gathered with the president
in the White House’s East Room on October 15. As they sat around candlelit
tables decorated with white roses, Trump debuted a model for a memorial arch,
inspired by the Arc de Triomphe in Paris, that he has discussed building near
Arlington National Cemetery—which could soon present another opportunity to
donate.
“We have a lot of legends in the room tonight, and that’s
why we’re here, to celebrate you,” Trump told the crowd. “So many friends in
the audience, and I just want to thank you all. You’re very special people. You
love the country, you love the White House, and what you’ve done is very
important.”
The Epstein Conspiracy in Plain Sight
By Rich Lowry
Tuesday, November 18, 2025
It’s not what you know, it’s who you know — even if you
may have committed terrible crimes.
That’s the Jeffrey Epstein version of the famous line
about success.
The massive tranche of Epstein emails released by the
House Oversight Committee didn’t reveal any smoking guns about Donald Trump,
but it did highlight a vast conspiracy to help the disgraced financier thrive
despite his guilty plea to sex charges involving a minor in 2008.
This conspiracy wasn’t the work of the Deep State, or
Israel, or the Jews. No, it was more pedestrian and damning than that. An
element of the American elite embraced Epstein as one of its own, thanks to his
wealth and his connections.
The conservative thinker Russell Kirk once quipped about
conspiracy theories concerning Dwight Eisenhower that Ike wasn’t a communist;
he was a golfer. In a similar vein, Jeffrey Epstein wasn’t a Mossad agent; he
was a networker.
The implausible populist narrative about the Epstein case
is that the government — at all levels and up to today — has protected him and
others who participated in his crimes because too many powerful people have too
much at stake, or because it’s too dangerous to reveal Israel’s role in the
scandal, or both.
Perhaps these interpretations will gain factual support
as more is revealed, but it seems unlikely.
Regardless, populists have a different narrative at hand
that is consistent with the known record. Namely, that some of the most
privileged members of our society — at the very top of the financial, academic,
political, media, and social worlds — had no standards or ethics, and embraced
Epstein as a friend and consigliere.
Epstein knew influential people, so influential people
felt that they should know him. They considered him fun, and useful — for
advice, for banter, for introductions, for information, and for donations.
The emails suggest that Epstein missed his calling as a
high-level, seamy advice columnist to the rich and powerful.
Want to know more about the reputation of the woman you
are having an affair with? Seeking advice on how to gain political influence in
Europe? Wondering how you’re handling your interactions with a potential
mistress? Looking for insights about Donald Trump? Trying to survive sexual
harassment allegations? Need a reference for a gastroenterologist?
Well, then, ask Jeffrey Epstein.
He emailed with former Harvard president Larry Summers,
the linguist Noam Chomsky, venture capitalist Boris Nikolic, Emirati
businessman Sultan Ahmed bin Sulayem, Trump activist Steve Bannon, the
journalist Michael Wolff, the artist Andres Serrano, the department store scion
Jonathan Farkas, and former White House counsel Kathryn Ruemmler, among others.
It’s not as though Epstein was particularly insightful,
but if he knew so many important people, he must know something, right?
As for his scrape with the law, clearly all had been
forgiven and forgotten. If he was in the good graces of the social wrangler
Peggy Siegal, whose job was to get bold-faced names to accept invitations, he
must be okay.
For some of Epstein’s correspondents, it was part of his
appeal that he was disreputable. Larry Summers, who leaned on Epstein for
romantic advice, asked him at one point, “How is life among the lucrative and
louche?”
Epstein’s social currency is one reason that he got off
so easily the first time he was prosecuted — he hired the best, most connected
defense attorneys, who outclassed and intimidated his prosecutors.
As for Trump, he is guilty of enjoying Epstein’s company
a couple of decades ago, presumably for the same reason so many others did. But
he had a falling out with Epstein long ago. Trump didn’t have anything to do
with him at the time when so many others in these emails were socializing with
Epstein, confiding in him, and asking him for insight on Trump.
That’s a disgrace, and it’s always been in plain sight.
In the Epstein story, it’s not so much follow the money —
although that’s important and still mysterious — as follow the social network.
Conservatives Shouldn’t Be Late to the Fight over the GOP’s Post-Trump Identity
By Noah Rothman
Monday, November 17, 2025
Elections are clarifying things. Before Election Day, the
actors on the American national stage might have had some vague sense that the
president’s unrivaled political potency was waning, but they had no concrete
evidence of it. Before November 4, Donald Trump was still a colossus. He
remained the architect of a tectonic political realignment, and he was still
the unchallenged avatar of the only movement in America capable of cobbling
together a majority coalition. After November 4, the president’s stature has
appreciably diminished. Those who seem to appreciate it most are those on the
right who are scratching out for themselves a political identity that will help
them navigate the post-Trump environment.
Those who have been the most entrepreneurial in their
attempts to emphasize their independence from the president were those who most
obsequiously glommed onto the MAGA movement. Representative Marjorie Taylor
Greene is perhaps the most cloying of this cohort. Her strange-new-respect tour of left-wing
media venues, culminating this weekend in an apology for her erstwhile “toxic politics,” is designed to secure for herself a safe
seat when the music stops.
Some within this tribe have refashioned their
MAGA-flavored conspiracism into a weapon to be wielded against Trump. The
so-called “Epstein Files,” which the White House insists do not exist, have
provided lawmakers like Representatives Lauren Boebert and Nancy Mace the
opportunity to burnish their independent bona fides.
There is a compelling argument that the fracas
Heritage Foundation president Kevin Roberts ignited with his steadfast support
for Tucker Carlson amid the broadcaster’s descent into monomaniacal antisemitism was only
ever a proxy battle over the evolution of the Republican Party.
Carlson’s personal support for Vice President JD Vance as
the MAGA movement’s successor is reflected in that fight, knowledgeable
observers contend. That version of the party looks different from the one we
have today — a party that is more overtly pro-Israel than any previous American
presidency, and one that went to war against antisemitism on college campuses
at the outset of Trump’s second term. It’s a project that will require
audacious stewardship.
Those who would refute the notion that the scandal
surrounding Heritage’s conduct has nothing to do with the GOP’s trajectory must
contend with the response to it from prominent Republicans like Senator Ted
Cruz.
The Texas senator has not minced words in his vociferous
denunciations of Carlson and his philosophy, casting a pall on the individuals
and institutions that would shield the podcaster and his ilk from deserved
criticism. That is as much a righteous moral posture as it is, according to Axios, an effort to lay “the groundwork for a 2028
presidential bid.” Cruz’s position will invite a conflict with a president who
has pointedly
refused to distance himself from Carlson or his
efforts to sow disunion within the GOP over the influence of the rootless
cosmopolitans in its ranks.
The issue set around which those who seek to influence
the Republican Party’s evolutionary trajectory after Trump will undergo many
shifts in the months and years to come. Although it will take many forms, the
fight to define MAGA Republicanism when Trump cedes political power will only
intensify. So far, though, the Republicans who have shown the most stomach for
that fight aren’t those who have the most bones to pick with Trump or his
political movement.
From the outset of Trump’s long political career, those
Republicans with the most principled and consistent objections to his ascension
were conservatives.
It was the conservatives who objected to Trump’s
big-spending populism — his insistence that America’s unfunded entitlement liabilities could
expand indefinitely, his comfort with America’s unsustainable debt burden, and his desire to
substitute market dynamics with a centrally planned vision of what the
American economy should look like. It was conservatives who chaffed at
Trump’s biblical ignorance, his apathy for the transcendent, and his habit of treating people like instruments to be
used and discarded as needed. It was
conservatives who rightly saw in Trump a tendency that would
manifest in contempt for a constrained, republican executive branch.
Prudential as they are and possessed of the requisite
historical perspective, conservatives are constrained by principle in ways
their detractors on the right are not. They are compelled by honor and good
faith to note the many conservative achievements Trump has secured over the
years he has spent behind the Resolute Desk. They are bound by gratitude in
ways that do not encumber Trump’s more opportunistic detractors. But that
circumspection will leave them late to the fight.
A contest to determine the Republican Party’s future is
on, and Donald Trump has so far been content to allow that fight to play out.
He will intervene soon enough. In the meantime, though, the president is
allowing the terms of that internal debate to be set by the factions that hope
to succeed the MAGA movement. It would be a profound dereliction if
conservatism properly understood was not represented in that fight.
The Man Who Held Back the Flood
By Abe Greenwald
Tuesday, November 18, 2025
One of the many things that’s become clear since Charlie
Kirk was assassinated is that not only was he a true friend of Israel and the
Jews, but he was the key figure in keeping the groypers cordoned off from the
rest of the young American right. With his calm, reasoned, but passionate
public refutations of groyper Jew-hatred, he was holding his finger in the
dike. For this act, Jews, Christians, and Americans of all faiths owe him an
incalculable debt.
I don’t care about the winding road he may have taken to
get there. He began his public life at an extraordinarily young age. By the
time of his assassination, Kirk was preserving the future of the country,
steering it between the Scylla of left-wing radicalism and Charybdis of
right-wing nihilism. I honestly had no idea how much good he was doing for the
nation, and I wish I could have expressed my gratitude while he was alive.
After he was murdered, there was no young, charismatic,
patriotic, Christian influencer with Kirk’s reach and moral courage to step up
and do the job. In fact, the most prominent among them used his death as an
opportunity to do the opposite. They smashed the barrier and cackled as they
profited from the hatred that came flooding in.
Kirk’s friends and associates grieved over his death,
swore to carry on his campaign and build on what he created—and then they took
a sledgehammer to it all.
It’s obvious why the Jews owe Kirk so much on this score.
But the role he played in protecting young, particularly male, Christians from
being seduced by a poisonous worldview was no less vital. Indeed, that was his
life’s mission.
There’s a point that Ben Shapiro often makes. If you’re
following the groypers and their enablers, your life will get appreciably
worse. When you take no responsibility for your own misfortunes and instead
blame the Jews or America, you’re condemning yourself to a helpless, hopeless
life of loserdom. A permanent basement existence of online anti-community,
gaming, grievance, and porn. And the hate-peddlers are getting rich off your
misery. This is your hour of despair and their golden age.
There are doubtless many would-be Kirks out there in our
great country. As I’ve said many times, the overwhelming majority of non-Jewish
Americans do not hate the Jews. But now that the dam has broken, we must be
honest about the extent of the anti-Semitism flowing through the younger
generations. Rod Dreher says 30 to 40 percent of Gen Z Washington staffers are
somewhere in the groyper camp. Others claim that’s an overestimation. There are
no official figures, but it’s a bleak situation.
It was little more than two months ago that Kirk was
shot, and that’s all the time it took for the anti-Semitic deluge to breach the
veil of civil society on the right. That itself is a testament to how much
rested on his shoulders. But it’s also, ironically, reason for modest hope. In
the age of online influencers, the culture can shift on a dime. It’s not hard
to envision the rise of a fresh, young political talent offering the lost boys
of the right a better vision of themselves and the country. That prospect is
made more likely by Charlie Kirk’s having reached so many and showing them how
it’s done.
Tuesday, November 18, 2025
Losing My Religion
By Nick Catoggio
Monday, November 17, 2025
My favorite detail about The Big Rift of 2025 is where
the president was and what he was doing as it played out.
The Big Rift cracked open on Friday evening when Donald
Trump excommunicated
“ranting Lunatic” Marjorie Taylor Greene from his movement and called for
challengers in her next House primary. Their break-up had been building for
months, as Greene has grown noticeably
bolder lately in challenging Trump’s policies. But the final straw appears
to have been her unshakeable support for releasing the Justice Department’s
files on Jeffrey Epstein, against the president’s wishes.
Trump is mad about that. Big mad. Mad enough to
have observed in another post on Friday that Rep. Thomas Massie, the chief
Republican sponsor of the bill to release the files, sure
did remarry awfully fast after his wife’s death last year.
But most of his anger was reserved for Greene, whom he
spent the rest of the weekend calling “Marjorie
Taylor Brown” (“Green grass turns Brown when it begins to ROT!”) and whom
he branded in subsequent posts as a traitor not just to her
party but to her
country. It was the populist equivalent of declaring jihad against
an apostate.
And he issued these, surreally, while he was busy raising
money for the RINO di tutti RINOs, Lindsey Graham.
“What a great day playing golf with President Trump! So
much fun today at the Trump Graham Golf Classic, that will benefit the
Republican cause greatly,” the senator tweeted on
Saturday over a photo of himself and Trump horsing around on the links during a
fundraiser. It was the president’s first
in-person appearance this year at a donor event for a midterm candidate—in
this case, an ultra-hawkish former John McCain crony despised by the right’s
postliberal base.
Ten years into the MAGA era, ardent “America First-er”
Marjorie Taylor Greene was deemed an enemy of the revolution on the same
weekend that careerist establishmentarian Lindsey Graham was being bathed
in Trump-generated cash. If you’re a populist who’s grown disaffected with the
president (and there are quite
a few of those lately), that’s as glaring a “from
pig to man, and from man to pig” moment as you’ll ever get.
Normally that’s where the story would end. But this time
something strange happened. Late Sunday, the newly anathematized Marjorie
Taylor Greene … won.
“As I said on Friday night aboard Air Force One to the
Fake News Media, House Republicans should vote to release the Epstein files,
because we have nothing to hide, and it’s time to move on,” Trump announced
on Truth Social. Despite strenuous efforts, he had failed to pressure Greene
(and two other Republicans) to oppose Massie’s Epstein bill and realized that
he was about to lose tomorrow’s floor vote—possibly
in a landslide. So he capitulated, giving the House GOP his “permission” to
vote yes to spare himself the stark embarrassment of being defied.
Marjorie Taylor Greene won. In fact, not only did she win
on Epstein, she won an early test of political strength with the president back
home. On Saturday the chairman of the Republican Party in her district rebuked
Trump’s demand for a primary challenger by reiterating that Greene has the “full and unwavering
support” of his organization.
For three reasons, The Big Rift is a big deal.
The decider.
To begin with, it’s a serious threat to the president’s
previously unquestioned authority to define what is and isn’t MAGA orthodoxy.
Trump has invoked that authority repeatedly over the last
six months to deflect criticism from his right flank. Last week, Fox News host
Laura Ingraham asked him whether his support for H-1B visas for skilled
immigrants contradicted MAGA dogma. “MAGA was my idea. MAGA was nobody else’s
idea,” he replied.
“I know what MAGA wants better than anybody else, and MAGA wants to see our
country thrive.”
He gave a similar answer in June when The
Atlantic pressed him to square his attack on Iran’s nuclear facilities
with his “America First” commitment to avoiding foreign conflicts. “Well,
considering that I’m the one that developed ‘America First,’ and considering
that the term wasn’t used until I came along, I think I’m the one that decides
that,” the president said.
Trumpism has always been a
moral project more so than a political one. It has its own internal moral
code of ruthlessness and it demands from supporters a degree of devotion and
obedience more common to religion than to politics. When Trump speaks of
getting to decide what “MAGA” and “America First” mean, he’s claiming a quasi-papal
prerogative to speak ex cathedra. As the founder of the faith, his
pronouncements are necessarily infallible.
Not anymore, says Greene. The Epstein rebellion among
House Republicans stands for the proposition that MAGA populism has discrete
ideological content beyond the president’s whims and daily political needs and
that, when those two conflict, loyalty is owed
to the former, not the latter. That’s not just heretical, it’s schismatic.
Greene herself resorted to religious lingo in her first
of three tweets responding to the president this weekend. “I don’t worship or
serve Donald Trump,” she wrote, noting their
disagreement over the Epstein files. “Most Americans wish he would fight this
hard to help the forgotten men and women of America who are fed up with foreign
wars and foreign causes, are going broke trying to feed their families, and are
losing hope of ever achieving the American dream,” she added.
“America First” means something. That’s been the
thrust of all of her criticism of him over the last few months, most notably
when she broke with
the GOP during the government shutdown by backing funding for Obamacare
subsidies. “America First” means helping Americans struggling with insurance
costs. “America First” evidently also means making sure Americans get the truth
they’ve been seeking about Jeffrey Epstein—even if that makes life painful for
the president.
Call it a populist Reformation if you like. Instead of
letting a corrupt seat of authority dictate the tenets of the faith, Greene and
the Epstein rebels want to devolve the power of deciding what MAGA means to the
faithful. Or at least to more puritanical populists like Greene herself.
This is the first time in the Trump era, I believe, that
the president’s supremacy as arbiter of populist orthodoxy has been
successfully challenged. And success breeds success: Having just asserted
themselves on Epstein, who’s to say whether emboldened populists won’t feel
their oats and push back aggressively if the U.S. starts bombing Venezuela
tomorrow? “Regime change is ‘America First!’” the president will bellow. Greene
and her fans will answer: “Says who?”
I would not have guessed that Marjorie Taylor Greene, a
notorious Trump-slobberer even by modern Republican standards, would lead the
first meaningful right-wing rebellion against autocracy of this era.
A moral critique.
The most interesting dimension of Greene’s response to
Trump was only tangentially related to Epstein. As their dispute unfolded this
weekend, she ended up making a traditional moral critique of the president’s
behavior, which is unheard of for a prominent figure on his populist flank.
On Saturday, after he had publicly un-personed her as a
member of MAGA, she alerted her millions of followers that his fans had begun threatening her life,
sending pizzas to her home to let her know that they have her address and
phoning in a bomb threat to her business. “As a Republican, who overwhelmingly
votes for President Trump‘s bills and agenda, his aggression against me which
also fuels the venomous nature of his radical internet trolls (many of whom are
paid), this is completely shocking to everyone,” she complained.
It’s not shocking to anyone. Ask Mike Pence, Jeff
Sessions, Liz Cheney, and Mitt Romney, to name a few examples, what happens
when a Republican who agrees with Trump on most policies crosses him on a
matter of personal “loyalty.” Intimidation is and will always be the
stock-in-trade of populism because populists believe all political problems are
ultimately tests of will. Simply apply enough pressure to break the will of
whatever’s standing in your way, including death threats if necessary, and the
problem is solved.
It is very late in the game for Marjorie Taylor
Greene to suddenly be waking up to this, particularly given the occasional harassment
and intimidation
to which she stooped in her not-very-long-ago activist days. “I would like to
say humbly I’m sorry for taking part in the toxic politics,” she told
CNN in an interview when asked about that on Sunday. “It’s very bad for our
country, and it’s been something I’ve thought about a lot, especially since
Charlie Kirk was assassinated … I’m committed, and I’ve been working on this a
lot lately, to put down the knives in politics. I really just want to see
people be kind to one another.”
I don’t believe a word of it. Her conscience was never
bothered before (publicly, at least) when Trump put a Democrat or centrist
Republican in MAGA’s crosshairs, which he does routinely. No one with earnest
qualms about leopards
eating people’s faces would wait until their own face was devoured to
articulate them.
But the fact that she’s insincere shouldn’t blind us to
the significance of her pretending otherwise.
In a pseudo-religious movement like Trump’s, the only
moral standard to which the president will be held by his disciples is the one
he’s created for the movement. If he favors foreigners over Americans by
supporting H-1B visas, that’s a moral betrayal. If he gives in to some
Democratic demand instead of pulling out all the stops to “fight” back
ruthlessly, that too is a moral failure.
He’ll never be held to traditional moral standards
against, say, taking bribes or corrupting
the government or sexually harassing women—or riling up his fans to menace
someone who’s angered him—because to do that would lead inescapably to the
conclusion that he’s unfit to lead. So right-wing populists have turned a blind
eye to every bit of it, not wanting to admit the truth of his critics’
indictment of his character. “I don’t like the mean tweets” is as close as
they’ve gotten to admitting that he shouldn’t be president, which isn’t very
close at all.
Until now. “When the President of the United States
irresponsibly calls a Member of Congress of his own party, traitor, he is
signaling what must be done to a traitor,” Greene wrote in another
tweet on Sunday, correctly. Trump is behaving immorally by inciting supporters
to intimidate his enemies and she isn’t afraid to say so; if populists like her
are suddenly willing to hold him to traditional moral standards like that one,
maybe going forward they’ll be willing to speak out against some of his many, many
other moral failings that have otherwise required Republican omerta since
2015.
Whether she’s sincere about it or just needling him
opportunistically arguably doesn’t matter, in the same way that it arguably
doesn’t matter whether Nick Fuentes is an earnest neo-Nazi or a clever troll
targeting an underserved audience. Fuentes emboldens his admirers to speak up
by using his platform to weaken the taboo against the beliefs they share. The
same might go for Marge Greene with respect to calling out the president’s
lousy behavior.
The benefit of the doubt.
The most subversive thing about this episode, though, is
her willingness to question Trump’s motives in resisting the release of the
Epstein documents. Greene actually tiptoed up to the line in her tweets this
weekend of wondering whether he might not be implicated in the matter after
all.
“It’s astonishing really how hard he’s fighting to stop
the Epstein files from coming out that he actually goes to this level,” she marveled on Friday,
leaving the reader to wonder why. The next day, in her tweet about being
threatened by Trump’s fans, she wrote pointedly, “I
now have a small understanding of the fear and pressure the women, who are
victims of Jeffrey Epstein and his cabal, must feel.” The insinuation was
clear: Maybe Epstein’s old buddy Donald honed his craft at intimidating enemies
as part of that “cabal.”
That goes way beyond challenging Trump on who rightfully
should decide what “America First” means. She’s calling the president’s
populist credibility into question. And no wonder, as Jonathan
Last notes: For once, he finds himself leading an establishment attempt to
suppress the truth about a suspected conspiracy rather than leading an outsider
insurgency to expose it.
When the pope is openly in league with Satan, the church
is ripe for schism. In a populist us-and-them movement as feral as MAGA, Greene
is implying that the leader no longer deserves an insuperable benefit of the
doubt as to whether he’s more “us” than “them.”
And that matters, short-term and long-term. For one
thing, it matters to how the Epstein saga will play out after tomorrow’s House
vote. Lost in Trump’s call for House Republicans to release the files is the
fact that he could call for the DOJ to release the files at any time.
Normally his fans wouldn’t corner him by demanding that he be proactive and do
so. But what happens now that he’s lost some of the benefit of the doubt?
What happens if Trump quietly encourages Senate
Republicans to kill the House bill after it passes? That would be awkward given
that he’s claiming “we
have nothing to hide”; if that’s so, there’s no reason for the Senate not
to pass the bill either. But let’s say they kill it at his behest, or they pass
it and he
vetoes the legislation. Will he get the benefit of the doubt about his good
intentions from MAGA, as he’s always done before?
What if Trump signs the bill—and then Attorney General
Pam Bondi declares that the DOJ can’t release the
files on grounds that, conveniently, there’s now a criminal investigation
pending into Epstein’s relationship with Democrats that the president ordered
just a few days ago. (The House can have “whatever they are legally
entitled to,” he said in his Truth Social post on Sunday, an important caveat.)
Will populists accept that, or will they see it for what it is, a transparent
attempt by Trump to create a “legitimate” pretext for continuing to suppress
the files?
Never mind Epstein, though. What about 2026 and 2028?
Trump losing credibility among his base would make
politics more volatile than it already is, transforming a pseudo-religious
movement into something more like a traditional political movement. The
president, hostile to accountability in any form, would yearn for the sense of
impunity he’s enjoyed from having the right’s unconditional support since 2015
and would hunt for ways to restore it. Probably that means new us-and-them
provocations designed to get Republicans to side with him tribalistically against
the left.
I suspect he’s more likely to invoke the Insurrection Act
at a moment when he fears he’s losing his base than when he’s riding high with
them.
Meanwhile, the more he slides toward lame-duckery, the
more anxious he’ll become about Democrats romping in next fall’s election and
making his last two years in office miserable. His attempt to interfere in the
midterms has
already begun but will grow more aggressive as his political position
weakens. At some point the 2020 playbook will be rolled out and Republicans
will be told that another nefarious Democratic plot to steal power is afoot.
How will those Republicans react to a second “stop the
steal” campaign led by a president who lacks the degree of credibility on the
right that he had five years ago? How would the kinder, gentler Marjorie Taylor
Greene react, now knowing firsthand what it’s like to be on the wrong side of
the president’s wrath when the demagoguery is dialed up to 11? How would she
react to Trump sending the regular military against American citizens under the
Insurrection Act, for that matter? Do her misgivings about “toxic politics”
include Trump’s fash-iest gambits?
They haven’t in the past, but do they now?
In time I wonder if we’ll view this episode as a
momentous one for Trump’s presidency, not because it led to something
incriminating being released in an Epstein document dump (Pam Bondi won’t let
that happen) but because a
disillusioned MAGA will probably be a less fanatic MAGA. The more
reason Republicans have to look forward to a post-Trump era, the less obliged
they should feel to support every corrupt thing he does to try to hold onto
power.
Or so an optimist would say. A pessimist would say that
The Big Rift will blow over the moment the Supreme Court strikes down his
tariffs, sending figures like Greene into a frenzy about impeaching Amy Coney
Barrett and packing the court or what not. Optimist or pessimist: Guess which
one I am.
Rule by Rolex
By Kevin D. Williamson
Monday, November 17, 2025
A gold bar and a Rolex—where have I heard that story
before?
Sen. Bob Menendez of New Jersey accepted bribes in the
form of gold bars and received photos of watches he might fancy from his
benefactors: “How about one of those?” one message read.
Subtle! Rolex watches are a particularly popular currency of bribery: Robert
Hanssen, the FBI agent and Russian spy, received
two Rolex watches as part of his compensation for betraying his country; Soviet
spy Aldrich Ames had a
half a dozen Rolexes at the time of his arrest, and another corrupt CIA
officer, also spying for the Russians, was instructed
to wear his ill-gotten Rolex on his right wrist as a signal to his handlers;
former Virginia Gov. Bob McDonnell (whose corruption conviction was overturned)
accepted
a Rolex from a favor-seeking businessman; Rolex figures in corruption cases
from San Francisco to Westchester County to Peru, touching everyone from heads
of state to heads of soccer clubs.
Other horological brands get in on the action sometimes, too: When the
Saudis wanted a Twitter executive to help them track down social media critics,
they gave him a Hublot, the watch you get when a big gold Rolex isn’t vulgar
enough for you, and the Dalai Lama still sports the Patek that U.S.
intelligence officers gave him—when he was a child, in 1943.
So when the Swiss wanted to bring Donald Trump around to
their point of view on tariffs, they knew what to do: The head of a precious
metals firm gave Trump a big gold bar (about $130,000 worth of gold) stamped
“45/47” to drive home the point, while Jean-Frédéric Dufour, the CEO of Rolex,
thought about giving Trump a rare collector’s piece (a titanium Rolex) but
instead went
with the more obvious choice of giving the president a big-ass gold Rolex
desk clock to display for the benefit of visitors to his office—a kind of
double bribe in that it is a bribe in and of itself while also functioning as
an in-your-face advertisement for the kinds of bribes Trump likes. These gifts
to Trump are not bribes in the legal sense—not yet, anyway—in that none of them
has resulted in any charges or convictions, but they obviously are bribes in
the moral sense.
And Trump loves being bribed: the airplane from the
Qataris, the cryptocurrency “investments” from favor-seekers that have enriched
him and his family, etc. The openness of Trump’s corruption is really quite
something: He apparently is
negotiating a development deal with the Saudi tyrants even as he negotiates
with them in his part-time role as president of the United States. Trump’s
style as a caudillo is traditional personalist stuff—treating the White
House as though it were his personal property, openly using agencies such as
the IRS and the Justice Department to go after his political enemies. The
federal government’s posture in the Jeffrey Epstein case—investigate
the president’s political enemies and pretend that Trump had nothing to do with
the convicted sex offender—would be hilarious if the matter were less serious.
One of the things that most offends me about American
political corruption is how cheap our guys are. Sen. Menendez got some help
buying his lady friend a Mercedes, which sounds pretty fancy, but it was a
C-Class Mercedes—the entry-level Benz. If you were a rapper driving a C-Class,
other rappers would make
fun of you. Here is a text message from a business operator to the Boston
official
accused of accepting bribes related to his firm:
Check did not clear. You got
$2,500 last week. $5,000 this week. $500 more next week. $8,000 total.
And the response:
What time we meeting and were
[sic]? We can meet on pike at rest stop if that works. Also are u giving my
whole half or half of what you have? I have today off and want to do some
shopping so sooner would be great.
The official was in charge of school bus operations for
the state and had the ability to steer very lucrative contracts to friendly
firms. That’s big money on the table—and, as the feds tell the story, he
received less than $1 million in total bribes over the course of many years
taking bribes. Given the cost of living in Massachusetts these days, that is
not very much. I once saw the great Mikhail Baryshnikov perform a tribute to a
“minimalist” choreographer, which consisted of the legendary ballet dancer walking
around the stage like a normal person, sitting in a chair and then standing up,
etc. It was disappointing, and that is how I feel about those penny-ante
payments to the corrupt bus guy in Boston: One expects more. You go in with the
expectation of something spectacular, and what you get is a guy hanging out at
the turnpike rest stop at Natick with his hand out, anxious to go shopping for
whatever eight grand buys. That isn’t even Rolex money, really—that’s not even
across-the-range
Seiko money.
If you are going to sell your soul and auction off your
integrity, then at least get a good price. For Pete’s sake, the vice
president’s salary is only $235,100 a year—though I suppose that whatever has
corrupted J.D. Vance is not the allure of a government salary.
Trump is getting a good price. Or so it seems. It is a
mystery, of course. I will confess to being a little bit of a Trump-wealth
truther—I suspect that he is not as wealthy as he pretends to be, and it seems
to me that he has proven himself an incompetent in business often enough that
he is entirely capable of having lost much, all, or more than all of the
considerable income he has enjoyed over the years. Lord knows Qusay and Uday
are 16 flights of mental stairs down from mediocrity and entirely capable of
wrecking a splendid fortune.
But set that aside for a second. I recently had dinner
with a friend of mine who runs an important nonprofit enterprise. He spends a
lot of time raising money from billionaires. We both have friends and
acquaintances in that world, and we both are sometimes mystified by their
motives. Why do these billionaires go to work every day? Many of them genuinely
enjoy their work, of course, and it is creative in a way that is distinct
from—and, to many minds, more interesting than—the kind of creative work that
we writers and such do. But that doesn’t explain the whole thing, either. What
my friend and I decided is that whatever it is in us that would make us
entirely satisfied with the first billion dollars is also the reason we
never make the first billion dollars. There is a kind of drive in such men that
isn’t exactly greed, or just greed. It maybe lives in the same part of the
brain where greed lives, but your typical American billionaire is no Scrooge
McDuck—they give away tons of money. Yes, there may be some vanity in
that, sometimes, but many of these guys quietly give away enormous sums with no
display at all. It is a complicated psychological thing: I have seen men who
are absolute chiselers about a $100 expense on Friday give away $100 million on
Saturday. And the thing that makes them chiselers is part of the thing that
makes them philanthropists. I think that it is like being really good at
basketball or chess or singing—if you are really good at something, doing it feels
really good.
That is, I suppose, the most charitable explanation for
Trump’s chiseling, for his petty self-dealing and almost comically vulgar
corruption. Chiseling and venality and self-promotion are the things he is good
at—they are the only things he is good at. Chiseling and grasping are
his air and his exercise.
Economics for English Majors
But, boy, is Trump stupid.
With a bit of golden encouragement from the Swiss (who
are unsentimental about these things), Donald Trump has started rolling back
tariffs on many goods, not only those Rolex watches but also on many common
items of consumption at a less-elevated level: beef, coffee, etc. The Democrats
have discovered this “new word,” as Trump put it:
“affordability.” The notion that “affordability” is a “new word” is right up
there in the book of Trump quotations alongside “Nobody knew health care could
be so complicated.”
And so Trump has now discovered an interesting economic
phenomenon: When you make something more expensive, it is more expensive.
Tariffs are a sales tax. Tax incidence is an interesting
little obsession in economics—who actually pays a tax in real economic terms?
Most of us know, instinctively, that the “employer share” of payroll taxes gets
passed on to employees—this is critical: some employees—in the form of
lower wages. What matters to an employer’s business income is not the
employee’s take-home pay but the entire cost of keeping that employee on the
books: salary, benefits, taxes, other costs. An employee that costs you
$100,000 a year in salary plus $18,000 in payroll taxes and $17,000 in
insurance and other expenses is an employee that costs you $135,000 a year,
according to my English-major math.
What tax incidence really comes down to is economic
power: An employer may try to pass on tax costs to the employee in the form of
lower wages, but very in-demand employees also try to pass their tax costs up
to the employer. If you are going to work for, say, Apple, a salary of $x
working at the Cupertino campus is not the same as a salary of $x working
at the Austin campus. If you are a very in-demand kind of person living in
Charlotte, an employer who wants you to work in Manhattan is going to have to
write a big check: A $200,000-a-year guy in Charlotte needs (according to the
Bankrate calculator) almost $460,000 in Manhattan just to break even. Some
employees have the power to pass expenses up, some have less power and get
expenses passed down to them.
I have made this point over and over again with the
notion that big companies just “pass it on to the customer” when there is a new
tax or mandate. That is sometimes true—but, sometimes it isn’t. It is much more
complicated. Some businesses in very price-sensitive markets have relatively
little power to raise consumer prices (thanks, competition!) but more power to
pass on costs to their employees, vendors, business partners, etc. Walmart has
more leverage over companies that rely on Walmart for the majority of their
sales than they do over Walmart shoppers who may have lots of other options if
Walmart tries to jack prices up on them too much.
It is complicated—very complicated—but the guiding
principle is that economic burdens get shifted from the economically powerful
to the economically weak. Hence that “new word,” in Trump’s dim mind,
“affordability.” If you are a billionaire looking to buy “a
yacht for your yacht,” as the New York Times put it, and the builder
comes back and says he is going to have to raise the price by 58 percent
because of tariffs, then you have some options, such as not buying the yacht
for your yacht, or putting it off for a while, or whatever other options exist
out there in the yacht-for-your-yacht world. If you have hungry kids at home
and the cost of a box of mac and cheese jumps from $1.39 to $2.19, what,
exactly, are you going to do about that 58-percent bump up? Not feed your kids
until prices come down? Burn $1 worth of gas (and $25 worth of opportunity
cost) driving across town to see if you can save 80 cents? You do not have a
lot of good options—and, probably, you are going to end up eating the cost.
If you are an $22-an-hour guy who doesn’t know that
there’s another $22-an-hour job waiting for him, what are you going to do when
the boss says he’s cutting back on overtime or paid breaks—or if he tells you
the job now pays $20 an hour, take it or leave it? That will depend on what
your next-best offer is, of course. But changing jobs is stressful and
anxiety-inducing, and it usually involves significant transaction costs. How
much anxiety are you going to endure—this week, this month—over a cut in overtime?
How willing are you to risk going weeks or months without pay at all if you
start singing Johnny Paycheck songs to the boss? (You know the one: “Take This Job and Shove
It.”) Lots of variables there.
But what should not surprise us is that the costs of
Trump’s imbecilic tariffs are going to be borne by the very people for whom affordability,
that supposedly perplexing neologism, is an urgent concern. There is a lady I
know who does not know what gasoline costs: “What am I going to do—not fill
up my car? Not drive?” she says. “It costs what it costs.” And that is
an entirely reasonable way of looking at it if gasoline is a relatively small
part of your income. There’s another lady—I don’t know her, but I stood in line
behind her at 7-Eleven—who is only putting $12 of gas into her car (the one she
drives two kids around in) because that is what she can afford. And the lady
paying for $12 worth of gas with a plastic bag full of coins is the one who is
paying the tariffs.
“We have trillions of dollars coming in,” from the
tariffs, Trump boasts. That is, like most things that come out of Trump’s
mouth, not true. The actual
number is something more like $200 billion a year. (It is difficult to
calculate because under Trumpian ad-hocracy, the rates and specifics change day
to day and hour to hour, depending on whether some Canadian regional politician
you’ve never heard of hurts Trump’s feelings or some Swiss executive pushes a
bar of gold across the president’s desk, because that is the insane world we
Americans now live in.) Let’s call it $200 billion a year for the sake of
argument. That is a lot of money and, over time, it does add up to those
trillions of dollars Trump brags about, and many markets are pretty efficient
when it comes to adjusting prices today in response to expected future costs.
Whose trillions does Trump think are going to hit the Treasury’s cashflow?
Those trillions will come disproportionately from relatively powerless American
consumers, workers, and businesses.
Everybody understands that we compete in the marketplace
as producers. But we also compete as consumers, and that is, in fact, often
more relevant: Think about buying a house or a gallon of gasoline. There are
lots of people who want that house, and a whole world of people who want that
gallon of gasoline and the oil that went into producing it. Trump can try
telling some overseas oil producer that he has to pay a tax for the privilege
of selling his barrel of oil in the United States, but the producer can sell
that barrel of oil in China or Canada or Switzerland about as easily. (Again,
it is complicated: Jonah Goldberg likes
to point out that the U.S. trade deficit with Canada is in considerable
part the result of the Canadians selling discounted oil in the United States
because geographic proximity and the presence of convenient pipelines makes
that more economically feasible than shipping the stuff off to Singapore or
wherever.) You can tax that imported oil, but American consumers probably will
pay most of the tax.
It is no mystery: Take that $200 billion a year in new
taxes that fall on relatively powerless people, take the trillions in projected
future taxes falling on the same people, and there is your “affordability”
crisis. Trump being Trump, he proposes to mitigate the entirely predictable
effects of his idiotic policies by sending other people’s money to lower-income
Americans, no doubt in the form of checks bearing Trump’s signature if not his
image. That’s a particularly dumb worst-of-both-worlds outcome. Even if we
assume some rigorous means-testing, Trump’s tariffs will not generate enough
year-to-year revenue to even offset the cost of those $2,000 checks he wants to
send to lower-income Americans. But neither will those $2,000 payments offset
the costs the tariffs are imposing on those lower-income Americans, because
higher prices reflect both current tariff costs and expected future tariff
costs.
The result is exactly what you expect from a Donald Trump
enterprise: incompetence resulting in chaos careering in the general direction
of insolvency. It is like the whole country has been turned into one of those
ghastly Atlantic City casinos Trump bankrupted.
And Furthermore …
Speaking of casinos, and insolvency, and debt, and
Rolexes, I was in Las Vegas this week to speak at an event put on by Jon
Ralston and the Nevada Independent, an admirable journalist and
institution doing the kind of old-fashioned journalistic work that Nevada
desperately needs. I went in to get a shave at the barbershop at the
Cosmopolitan (ask for Frank—he did a first-rate job) and sat next to a fellow
who spent the better part of an hour talking to his barber about his plan to
buy a Rolex. What he wanted to know was whether the barber (who seemed to be
knowledgeable about these things) knew somebody who would, as the man put it,
“Let me walk with it,” i.e., take the watch and make payments on it. He thought
he might like some diamonds on the dial, but not too many. And he was very
specific about wanting the relevant GIA paperwork on those stones. He proposed
that his payments on the Rolex could be made weekly. The fellow also apparently
did a good deal of sports betting. This is, obviously, a man who is going to
die broke. I am not much of a poker player, but I suspect I could take that
guy.
But that is the American way, particularly in the Age of
Trump. Among the president’s truly daft and batty ideas is his suggestion that
banks should start writing 50-year mortgages in order to address housing
affordability. The idea is, of course, pig-rectum stupid. Just as long-term
automobile financing puts upward pressure on car prices (because buyers focus
on their monthly payments rather than total expenses), even longer-term
mortgages would put upward pressure on house prices. And because interest rates
on loans tend to be higher the longer the duration of the loan, such mortgages
would push buyers in the direction of low-equity “ownership,” with interest
payments making up an even larger share of monthly housing expenses than they
would under a 30-year mortgage. “Probably
not an optimal approach” in the words of one Treasury official who is not
obviously high on meth while simultaneously suffering from a severe concussion.
Again, it may not occur to such a dimwit as Donald Trump, but the cure for high
prices is not more debt. The cure for high interest rates is not increasing
demand for credit. If you really wanted to lower housing prices, the thing to
do (I do not recommend this, for all sorts of reasons) would be to
restrict banks to writing mortgages extending no more than 10 years and to
forbid such payment-lowering shenanigans as interest-only mortgages. In a
similar way, the easiest way to bring down college tuition would be for the
government to stop lending people money to pay college tuition. Subsidized
financing always pushes prices in an upward direction for obvious reasons:
Subsidizing consumption encourages demand, and higher demand means higher
prices.
And Furtherermore …
Tucker Carlson helped to make J.D. Vance vice president
of these United States. Tucker Carlson also has decided that his future as a
media entrepreneur is best served by trafficking in antisemitism. He recently denounced Ben
Shapiro, a rival media figure and a Jew, as a practitioner of “usury.” I am
pro-finance and pro-credit, myself—finance is a big part of what makes modern
economic innovation possible—but I will note for the record that J.D. Vance’s
main job in life before becoming a full-time social-media troll on the public
teat was working for Peter
Thiel’s venture-capital gang—which is to say, he was a literal
moneylender.
Words About Words
“This Is No Way to Rule a Country,” reads the New York
Times headline
over an essay by Eric Schmidt and Andrew Sorota. The essay is fine, but the
headline stinks: Americans are citizens, not subjects, and we are not here to
be ruled—we are, on a good day, governed, although Americans have
been trending in the direction of ungovernability for, oh, I guess just about
250 years now.
Another Times headline and a
deck: “8 Senators Break Ranks With Democrats and Advance G.O.P. Plan to End
Shutdown. Two of them are retiring, and none of the others face re-election in
2026.” None faces, not “none face.” None is a contraction of “not
one.”
From USA Today writing
about the mighty Cyndi Lauper’s induction into the Rock and Roll Hall of
Fame: “Lauper also proved her MVP status during the show’s finale, a
gut-bellowing version of fellow inductee Joe Cocker’s ‘With a Little Help From
My Friends’ with Susan Tedeschi, Bryan Adams, Chris Robinson, Nathaniel
Rateliff and Teddy Swims.” I like Joe Cocker’s version of that song, but it is
not his song—it is a Beatles song.
Mainly, I am surprised that it has taken this long to get
Cyndi Lauper into the hall of fame. What a voice. The ’80s were very much a
hit-and-miss decade, but there was not much in pop music in that era better
than the music of Cyndi Lauper.
Related: I once saw Rob Hyman of The Hooters do a small,
quiet set that included a beautiful version of “Time After Time.” One of the
members of the audience afterward complimented him on “his take on” that “Cyndi
Lauper song.” Hyman did not explain that “Time After Time” is a song with two
authors, and that he is one of them, and that he sang on Lauper’s famous
version of the song, too. How many people who spend a lifetime writing songs
ever write anything as good as “Time After Time”? Not very damned many. I think
of that when people sneer about “one-hit wonders.” Yes, I’m sure that Flock of
Seagulls would have loved to have had a bigger and more varied career, but
nothing takes you back to 1982 quite like “I Ran.” Except maybe 16-percent
mortgage rates.
(That’s how you fix inflation, by the way. Paul Volcker
and Ronald Reagan did it, it was hard, nobody enjoyed it, and it nearly wrecked
Reagan’s presidency before he really got started, but it was the right thing to
do.)
Relatedly related: Backing vocals are an interesting
little subgenre. I remember listening to a song by the great country singer Joe
Ely (one of the innumerable musical products of my hometown) and catching a
distinctive plaintive tone in the backing vocals. You know that you’re a
musicians’ musician when you’ve got Bruce Springsteen singing backup.
And Joe Ely, before that, sang the backing vocals on the Clash’s “Should I Stay
or Should I Go?” Funny little world.
In Closing
I have always assumed that the position of the Jews of
Israel would be a dangerous one for as long as I’d be around to observe it. And
I have generally thought that the safety of the Jews of Europe cannot be taken
for granted. But I had never thought that I would see the day when we had to
worry about the safety of the Jews of the United States of America. I had
thought George Washington settled
the matter:
The Citizens of the United States
of America have a right to applaud themselves for having given to mankind
examples of an enlarged and liberal policy: a policy worthy of imitation. All
possess alike liberty of conscience and immunities of citizenship It is now no
more that toleration is spoken of, as if it was by the indulgence of one class
of people, that another enjoyed the exercise of their inherent natural rights.
For happily the Government of the United States, which gives to bigotry no
sanction, to persecution no assistance requires only that they who live under
its protection should demean themselves as good citizens, in giving it on all
occasions their effectual support.
It would be inconsistent with the
frankness of my character not to avow that I am pleased with your favorable
opinion of my Administration, and fervent wishes for my felicity. May the
Children of the Stock of Abraham, who dwell in this land, continue to merit and
enjoy the good will of the other Inhabitants; while every one shall sit in
safety under his own vine and figtree, and there shall be none to make him
afraid. May the father of all mercies scatter light and not darkness in our
paths, and make us all in our several vocations useful here, and in his own due
time and way everlastingly happy.
And it is to the Father of All Mercies that we must
appeal again. But the Israeli position does suggest that the Jews of the Jewish
state have taken Oliver Cromwell’s sage advice: “Trust in God and keep your
powder dry.” We should all learn from their example.