Friday, August 3, 2018

Trump has built a pyramid scheme of public fraud. It's a taxpayer-backed cash grab.


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Mindy Finn, Opinion contributor Published 10:49 a.m. ET Aug. 3, 2018

Donald Trump is pulling off a taxpayer-backed cash grab. It's an orchestrated, unprecedented scheme to enrich a president, his family and his friends.

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Even after warnings that tariffs would wreak havoc on the economy, Donald Trump has staked his presidency on a series of trade wars that are now coming home to roost. With economic ruin looming over American farmers — a key constituency — he refuses to change course. Instead, he’s mulling a policy of clientelism, a $12 billion cash handout to the victims of his own bad ideas.

It’s a surprising development for many, especially the conservatives who have long lamented bailouts and subsidies, but it’s hardly out of character. On the contrary, it’s a natural fit for a White House that encourages corruption, exploitation and fraud in exchange for loyalty. As with his cabinet officials, he expects that the allure of taxpayer-funded kickbacks will be enough to keep farmers from holding him accountable for his own corruption and failures. It’s not an accident, it’s a strategy: grease the wheels of government so heavily that they spin in place.

Far from draining the swamp, Trump and his coterie of grifters, fraudsters and co-conspirators have filled it in entirely, dividing the land into personal fiefdoms to exploit.

Team Trump has been playing dirty

The result has been an open season for public funds, private payoffs, and abuses of office. It’s almost quaint to remember that Health and Human Services Secretary Tom Price was fired for using private jets for official travel. The now-resigned Environmental Protection Agency Director Scott Pruitt exclusively travels in first class, while Interior Secretary Ryan Zinke is fond of chartered flights. To say nothing of Treasury Secretary Mnuchin’s use of military planes to see a solar eclipse with his wife.

It isn’t just about luxury. Zinke’s involved in a land deal with Halliburton which is likely to benefit him directly. Pruitt reveled in petty grift, taking discounted rent from lobbyists and using his government security and employees as personal servants. Pruitt even used his position to try to find his wife a job.

Following the president’s lead, Commerce Secretary Wilbur Ross has been less than honest about divesting his assets. The man helming Trump’s global trade war is profiting from it, even short-selling his stocks in a Kremlin-backed shipping company when he learned reporters were writing a story about it.

More: Who pays for Trump's contempt for ethics? USA. USA. USA.

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Scott Pruitt removes his ethical swamp from EPA

The taxpayer-backed cash grab radiates even outside government officials. Former campaign manager Corey Lewandowski opened a business selling his access to the president, even potentially to foreign governments. Trump lawyer Michael Cohen did similarly, trading a direct connection to Trump for six-figure checks.

All of this is not only permissible to the president, it’s encouraged. That’s what makes our current situation unprecedented. This is an orchestrated effort to enrich the president, his family, and his friends. That’s why the Trump hotel in Washington is now a favorite location for foreign emissaries, reaping tens of millions of dollars from those seeking audience with the president. Membership at Mar-a-Lago doubled in price, because lobbyists and influence peddlers will pay anything to catch the president’s ear. And Trump condos are flying off the market as foreign governments pay exorbitant prices to gain the president’s favor. Even his own party pays the piper. The GOP and affiliated political groups have spent over $3 million at Trump properties since he took office.

In short, Trump has built a clearly organized machine for largesse and corruption. It’s a pyramid scheme of public fraud, and the president gleefully sits at its top, reaping the rewards and doling out the shares.

A new level of corruption in Washington

Still, the president and his defenders deny anything is wrong. Many throw up their hands and say “Washington has always been this way.” That’s certainly what Trump would have us believe. In truth, this level of corruption is rampant in dictatorships across the globe, but unprecedented here.

It’s disturbing to see the president ripping this page from the authoritarian textbook, though entirely in character. All around him he’s traded his blessing of corrupt dealings for a weakening of the agencies which might hold some check on him. Now, as key voters threaten to rebel over his policies, it’s only natural that he’d seek the same bargain with them.

But the American people aren’t so easily bought. We’ve already waged and won numerous battles against the president’s corruption, but our fight is far from over. We must reinvigorate the institutions of transparency and accountability in our government. We must hold our leaders to an even higher ethical standard. And, especially when it starts to feel fruitless, we must do so with Donald Trump.

Mindy Finn, co-founder of Stand Up Republic and founder of Empowered Women, ran for vice president with Independent presidential candidate Evan McMullin in 2016 and was an aide in the 2004 George W. Bush and 2012 Mitt Romney presidential campaigns. Follow her on Twitter: @mindyfinn

You can read diverse opinions from our Board of Contributors and other writers on the Opinion front page, on Twitter @usatodayopinion and in our daily Opinion newsletter. To respond to a column, submit a comment to letters@usatoday.com.

Above is from:  https://www.usatoday.com/story/opinion/2018/08/03/donald-trump-taxpayer-cash-grab-unprecedented-corruption-column/871902002/

Koch Bro study shows “Medicare for All” could save money

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2017 in Washington DC last September. Alex Wong / Getty

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The US could insure 30 million more Americans and virtually eliminate out-of-pocket health care expenses while saving $2 trillion in the process, according to a new report about Medicare for All released by the libertarian Mercatus Center.

In the report, Charles Blahous attempts to roughly score Bernie Sanders’s most recent Medicare-for-All bill and reaches the somewhat surprising (for Mercatus) conclusion that, if the bill were enacted, the new costs it creates would be more than offset by the new savings it generates through administrative efficiencies and reductions in unit prices.

The report’s methods are pretty straightforward. Blahous starts with current projections about how much the country will spend on health care between 2022 and 2031. From there, he adds the costs associated with higher utilization of medical services and then subtracts the savings from lower administrative costs, lower reimbursements for medical services, and lower drug prices. After this bit of arithmetic, Blahous finds that health expenditures would be lower for every year during the first decade of implementation. The net change across the whole ten-year period is a savings of $2.054 trillion.

When talking about Medicare for All, it is important to distinguish between two concepts: national health expenditures and federal health expenditures. National health expenditures refer to all health spending from any source whether made by private employers, state Medicaid programs, or the federal government. It is national health expenditures that, according to the report, will decline by $2.054 trillion.

Federal health expenditures refer to health spending from the federal government in particular. Since the federal government takes on nearly all health spending under Medicare for All, federal health expenditures will necessarily go up a lot, $32.6 trillion over the ten-year period according to Blahous. But this is more of an accounting thing than anything else: rather than paying premiums, deductibles, and co-pays for health care, people will instead pay a tax that is, on average, a bit less than they currently pay into the health care system and, for those on lower incomes, a lot less.

At first glance, it is strange that the Mercatus Center, which is libertarian in its orientation and heavily funded by the libertarian Koch family, would publish a report this positive about Medicare for All. The claim that “even the Koch organizations say it will save money while covering everyone” provides a useful bit of rhetoric for proponents of the policy.

But the real game here for Mercatus is to bury the money-saving finding in the report’s tables while headlining the incomprehensibly large $32.6 trillion number in order to trick dim reporters into splashing that number everywhere and freaking out. This is a strategy that already appears to be working, as the Associated Press headline reads: “Study: ‘Medicare for all’ projected to cost $32.6 trillion.”

Messaging strategy aside, there is room to quibble with Blahous’s positive findings. He assumes administrative costs will only drop from 13 percent to 6 percent for those currently privately insured. But, according to the Kaiser Family Foundation, Medicare’s administrative costs have consistently been below 2 percent. He assumes utilization of health services will increase by 11 percent, but aggregate health service utilization is ultimately dependent on the capacity to provide services, meaning utilization could hit a hard limit below the level he projects.

But even if you take the report’s headline figures at face value, the picture it paints is that of an enormous bargain. We get to insure every single person in the country, virtually eliminate cost-sharing, and save everyone from the hell of constantly changing health insurance all while saving money. You would have to be a fool to pass that offer up.



Above is from:  https://www.dailykos.com/stories/2018/7/30/1784653/-Bernie-Koch-Bros-Study-Shows-MfA-Will-Save-More-than-2-Trillion-and-Cover-Millions-More?detail=emaildkre