Archives for category: Billionaires
« Older Entries
Newer Entries »

Congressional Budget Office: Trump Tax Plan Will Enrich the Rich, Reduce Income for the Poor

By dianeravitch
June 13, 2025 //
11

Democratic leaders asked the nonpartisan, highly respected Congressional Budget Office to evaluate the consequences of the Trump tax plan. In brief, the bill would widen the gap between haves and have nots and would increase the number in poverty.

The Financial Times reported:

Donald Trump’s landmark tax bill would make the most prosperous Americans $12,000 richer each year, while wiping $1,600 off the disposable income of the nation’s poorest, Congress’s fiscal watchdog said on Thursday. 

Trump’s “one big beautiful bill” narrowly passed the House of Representatives last month, extending tax cuts introduced during the US president’s first term in the White House in 2017. 

The Congressional Budget Office said in a letter that the top 10 per cent of Americans by income would, on average, see their resources rise by $12,000 a year, or 2.3 per cent of their projected income, should Trump’s “one big beautiful bill” pass the Senate in broadly the same form that it passed the House. 

“The changes would not be evenly distributed among households,” said CBO director Phillip Swagel in the letter addressed to Democrat lawmakers Brendan Boyle and Hakeem Jeffries, who had requested the analysis. 

“The agency estimates that, in general, resources would decrease for households towards the bottom of the income distribution, whereas resources would increase for households in the middle and the top of the income distribution.” 

Categories Billionaires, Budget Cuts, Cruelty, Economy, Ethics, Extremism, Funding, Poverty

Six Nobel Laureates in Economics Denounce Trump Budget Bill

By dianeravitch
June 11, 2025 //
3

The Economic Policy Institute issued an open letter to the American people, written and co-signed by six economists who won the Nobel Prize.

They wrote:

As economists who have devoted our careers to researching how economies can grow and how the benefits of this growth can be translated into broadly shared prosperity and security, we have grave concerns about the budget reconciliation bill passed by the U.S. House of Representatives on May 22, 2025.

The most acute and immediate damage stemming from this bill would be felt by the millions of American families losing key safety net protections like Medicaid and Supplemental Nutrition Assistance Program (SNAP) benefits. The Medicaid cuts constitute a sad step backward in the nation’s commitment to providing access to health care for all. Proponents of the House bill often claim that these Medicaid cuts can be achieved simply by imposing work reporting requirements on healthy, working-age adults. But healthy, working-age adults are by definition not heavy consumers of health spending, so achieving the budgeted Medicaid cuts will obviously harm others as well.

Medicaid provides health insurance coverage for low-income Americans, but this includes paying out-of-pocket health costs for low-income retired Medicare recipients and providing nursing home and in-home care services for elderly Americans. Medicaid also covers 41% of all births in the United States, including over 50% of all births in Louisiana, Mississippi, New Mexico, and Oklahoma. Work reporting requirements will obviously yield no savings from these Medicaid functions.

Besides providing affordable health care to families, Medicaid is also crucial to state budgets and hospital systems throughout the country—particularly in rural areas. In 2023, the federal government sent $615 billion to state governments to cover Medicaid spending; this federal contribution accounted for over 75% of total state Medicaid spending in more than 19 states. Rural hospitals in states that accepted the Medicaid expansion that was part of the Affordable Care Act were 62% less likely to close than rural hospitals in non-expansion states.

In addition to Medicaid, the House bill also significantly cuts SNAP. These steep cuts to the social safety net are being undertaken to defray the staggering cost of the tax cuts included in the House bill, including the hidden cost of preserving the large corporate income tax cutpassed in the 2017 tax law. But even these sharp spending cuts will pay for far less than half of the tax cuts (not even including the cost of maintaining the corporate income tax cuts of the 2017 law).

U.S. structural deficits are already too high, with real debt service payments approaching their historic highs in the past year. The House bill layers $3.8 trillion in additional tax cuts ($5.3 trillion if all provisions are made permanent) on top of these existing fiscal gaps—and these tax cuts are overwhelmingly tilted toward the highest-income households. Even with the safety net cuts, the House bill leads to public debt rising by over $3 trillion in coming years (and over $5 trillion over the next decade if provisions are made permanent rather than phasing out). The higher debt and deficits will put noticeable upward pressure on both inflation and interest rates in coming years.

The combination of cuts to key safety net programs like Medicaid and SNAP and tax cuts disproportionately benefiting higher-income households means that the House budget constitutes an extremely large upward redistribution of income. Given how much this bill adds to the U.S. debt, it is shocking that it still imposes absolute losses on the bottom 40% of U.S households(if some of the fiscal cost is absorbed in future bills with extremely high and broad tariffs, the share of households seeing absolute losses will increase rapidly).

The United States has a number of pressing economic challenges to address, many of which require a greater level of state capacity to navigate—capacity that will be eroded by large tax cuts. The House bill addresses none of the nation’s key economic challenges usefully and exacerbates many of them. The Senate should refuse to pass this bill and start over from scratch on the budget.

Daron Acemoglu
MIT Economics

Peter Diamond
MIT Economics

Oliver Hart
Harvard University

Simon Johnson
MIT Sloan School of Management

Paul Krugman
Graduate Center, City University of New York

Joseph Stiglitz
Columbia University

Categories Billionaires, Cruelty, Economics, Economy, Equity, Ethics, Funding, Inequity, Injustice, Jobs, Republicans, Trump

It’s Dangerous to Call Him “TACO” Trump

By dianeravitch
June 6, 2025 //
13

Tim O’Brien is senior executive editor of Bloomberg Opinion News. He writes here about why it is dangerous to call Trump “TACO Trump,” a moniker given to him by Robert Armstrong of the Financial Times.

TACO means “Trump Always Chickens Out.” It refers to his brash statements about draconian tariffs, followed by his usual backing down and deferring them. It happened on “Liberation Day,” April 2, it happened with his shakedown of Canada and Mexico, then his latest occurred when he announced 50% tariffs on the EU and the very next day, postponed them until July 9.

O’Brien writes about Trump’s huge and fragile ego. Although he evaded the draft when he was draft-eligible, he needs to be perceived as strong, tough, fearless, and fierce. A super-hero. A warrior. A man with nerves of steel.

O’Brien has a long history with Trump. In 2006, he wrote a book about Trump called TrumpNation. In the book, he said that Trump was not a billionaire, that he was worth only $150-200 million. Trump sued him for $10 billion for defamation. The suit was tossed out in 2009.

Being called “chicken” makes Trump very angry, O’Brien says.

“That’s a nasty question,” he told a reporter who asked about the TACO moniker at a White House press briefing on Wednesday. “Don’t ever say what you said. That’s a nasty question. … To me, that’s the nastiest question.”

Trump, who fashions himself a brilliant dealmaker and strategist despite ample evidence to the contrary, is, of course, always going to bristle at the notion that he is a chicken — and a predictable one at that. He also routinely peddles himself as an infallible winner, so the nastiest question is also one that speculates about whether he’s mired in a losing streak. His tariff policy, unleashed on allies and competitors alike, has been rolled out on a seesaw and riddled with economically damaging ineptitude.

O’Brien says we must prepare for a Trumpian show of force. He must show the world that he is no chicken. Not Putin’s puppet! Not a chicken! Tough! Strong! Never chicken!

Categories Billionaires, Character, Democracy, Disruption, Economy, Ethics, Extremism, Trump

Heather Cox Richardson: GOP Budget Bill Is Packed with Deadly Cuts and Lies

By dianeravitch
June 5, 2025 //
8

Heather Cox Richardson warns about the Republicans’ “One Big, Beautiful Bill,” which cuts Medicaid and other vital services while increasing the deficit. Republicans cover up the cruel cuts to vital services by lying about them.

She writes:

The Republicans’ giant budget reconciliation bill has focused attention on the drastic cuts the Trump administration is making to the American government. On Friday, when a constituent at a town hall shouted that the Republicans’ proposed cuts to Medicaid, the federal healthcare program for low-income Americans, meant that “people will die,” Senator Joni Ernst (R-IA) replied, “Well, we are all going to die.”

The next day, Ernst released a video purporting to be an apology. It made things worse. “I made an incorrect assumption that everyone in the auditorium understood that, yes, we are all going to perish from this Earth. So, I apologize. And I’m really, really glad that I did not have to bring up the subject of the tooth fairy as well. But for those that would like to see eternal and everlasting life, I encourage you to embrace my lord and savior, Jesus Christ,” she said.

Ernst blamed the “hysteria that’s out there coming from the left” for the outcry over her comments. Like other Republicans, she claims that the proposed cuts of more than $700 billion in Medicaid funding over the next ten years is designed only to get rid of the waste and fraud in the program. Thus, they say, they are actually strengthening Medicaid for those who need it.

But, as Linda Qiu noted in the New York Timestoday, most of the bill’s provisions have little to do with the “waste, fraud, and abuse” Republicans talk about. They target Medicaid expansion, cut the ability of states to finance Medicaid, force states to drop coverage, and limit access to care. And the nonpartisan Congressional Budget Office (CBO) says the cuts mean more than 10.3 million Americans will lose health care coverage.

House speaker Mike Johnson has claimed that those losing coverage will be 1.4 million unauthorized immigrants, but this is false. As Qiu notes, although 14 states use their own funds to provide health insurance for undocumented immigrant children, and seven of those states provide some coverage for undocumented pregnant women, in fact, “unauthorized immigrants are not eligible for federally funded Medicaid, except in emergency situations.” Instead, the bill pressures those fourteen states to drop undocumented coverage by reducing their federal Medicaid funding.

MAGA Republicans claim their “One Big, Beautiful Bill”—that’s its official name—dramatically reduces the deficit, but that, too, is a lie.

On Thursday, May 29, White House press secretary Karoline Leavitt claimed the measure would carry out “the largest deficit reduction in nearly 30 years with $1.6 trillion in mandatory savings.” She echoed forty years of Republican claims that the economic growth unleashed by the measure would lead to higher tax revenues, a claim that hasn’t been true since Ronald Reagan made it in the 1980s.

In fact, the CBO estimates that the tax cuts and additional spending in the measure mean “[a]n increase in the federal deficit of $3.8 trillion.” As G. Elliott Morris of Strength in Numbers notes, the CBO has been historically very reliable, but Leavitt and House speaker Mike Johnson (R-LA) tried to discount its scoring by claiming, as Johnson said: “They are historically totally unreliable. It’s run by Democrats.”

The director of the CBO, economist Philip Swagel, worked as chief of staff and senior economist at the Council of Economic Advisors during the George W. Bush administration. He was appointed in 2019 with the support of Senate Budget Committee chair Michael Enzi (R-WY) and House Budget Committee chair John Yarmuth (D-KY). He was reappointed in 2023 with bipartisan support.

Republican cuts to government programs are a dramatic reworking of America’s traditional evidence-based government that works to improve the lives of a majority of Americans. They are replacing that government with an ideologically driven system that concentrates wealth and power in a few hands and denies that the government has a role to play in protecting Americans.

And yet, those who get their news by watching the Fox News Channel are likely unaware of the Republicans’ planned changes to Medicaid. As Aaron Rupar noted, on this morning’s Fox and Friends, the hosts mentioned Medicaid just once. They mentioned former president Joe Biden 39 times.

That change shows dramatically in cuts to the National Oceanic and Atmospheric Administration (NOAA). NOAA is an agency in the Commerce Department, established under Republican president Richard Nixon in 1970, that monitors weather conditions, storms, and ocean currents. The National Weather Service (NWS), which provides weather, wind, and ocean forecasts, is part of NOAA.

NWS forecasts annually provide the U.S. with an estimated $31.5 billion in benefits as they enable farmers, fishermen, businesspeople, schools, and individuals to plan around weather events.

As soon as he took office, Trump imposed an across-the-board hiring freeze, and billionaire Elon Musk’s “Department of Government Efficiency” fired probationary employees and impounded funds Congress had appropriated. Now, as hurricane season begins, experts in storms and disasters are worried that the NOAA will be unable to function adequately.

Cuts to the NWS have already meant fewer weather balloons and thus less data, leaving gaps in information for a March ice storm in Northern Michigan and for storms and floods in Oklahoma in April. Oliver Milman of The Guardianreported today that 15 NWS offices on the Gulf of Mexico, a region vulnerable to hurricanes, are understaffed after losing more than 600 employees. Miami’s National Hurricane Center is short five specialists. Thirty of the 122 NWS stations no longer have a meteorologist in charge, and as of June 1, seven of those 122 stations will not have enough staff to operate around the clock.

On May 5, the five living former NWS leaders, who served under both Democratic and Republican presidents, wrote a letter to the American people warning that the cuts threaten to bring “needless loss of life.” They urged Americans to “raise your voice” against the cuts.

Trump’s proposed 2026 budget calls for “terminating a variety of climate-dominated research, data, and grant programs” and cutting about 25% more out of NOAA’s funding.

The Federal Emergency Management Agency (FEMA) has also suffered dramatic cuts as Trump has said he intends to push disaster recovery to the states. The lack of expertise is taking a toll there, too. Today staff members there said they were baffled after David Richardson, the head of the agency, said he did not know the United States has a hurricane season. (It does, and it stretches from June 1 to the end of November.) Richardson had no experience with disaster response before taking charge of FEMA.

Trump’s proposed cuts to the National Institutes of Health (NIH) are even more draconian. On Friday, in a more detailed budget than the administration published in early May, the administration called for cuts of 43% to the NIH, about $20 billion a year. That includes cuts of nearly 40% to the National Cancer Institute. At the same time, the administration is threatening to end virtually all biomedical research at universities.

On Friday, May 23, the White House issued an executive order called “Restoring Gold Standard Science.” The order cites the COVID-19 guidance about school reopenings from the Centers for Disease Control and Prevention to claim that the federal government under President Joe Biden “used or promoted scientific information in a highly misleading manner.” (Schools closed in March 2020 under Trump.) The document orders that “[e]mployees shall not engage in scientific misconduct” and, scientists Colette Delawalla, Victor Ambros, Carl Bergstrom, Carol Greider, Michael Mann, and Brian Nosek explain in The Guardian, gives political appointees the power to silence any research they oppose “based on their own ‘judgment.’” They also have the power to punish those scientists whose work they find objectionable.

The Guardian authors note that science is “the most important long-term investment for humanity.” They recall the story of Soviet biologist Trofim Lysenko, who is a prime example of the terrible danger of replacing fact-based reality with ideology.

As Sam Kean of The Atlantic noted in 2017, Lysenko opposed science-based agriculture in the mid-20th century in favor of the pseudo-scientific idea that the environment alone shapes plants and animals. This idea reflected communist political thought, and Lysenko gained the favor of Soviet leader Joseph Stalin. Lysenko claimed that his own agricultural techniques, which included transforming one species into another, would dramatically increase crop yields. Government leaders declared that Lysenko’s ideas were the only correct ones, and anyone who disagreed with him was denounced. About 3,000 biologists whose work contradicted his were fired or sent to jail. Some were executed. Scientific research was effectively banned.

In the 1930s, Soviet leaders set out to “modernize” Soviet agriculture, and when their new state-run farming collectives failed, they turned to Lysenko to fix the problem with his new techniques. Almost everything planted according to his demands died or rotted. In the USSR and in China, which adopted his methods in the 1950s, at least 30 million people died of starvation.

“[W]hen the doctrines of science and the doctrines of communism clashed, he always chose the latter—confident that biology would conform to ideology in the end,” Kean said of Lysenko. He concludes: “It never did.”

Categories Accountability, Billionaires, Budget Cuts, Cruelty, Ethics, Evil, Extremism, Health, Lies, Republicans, Science, Trump

Jeff Bezos Flails in Desperation, As He Struggles to Revive Washington Post

By dianeravitch
June 4, 2025 //
50

Let me start by saying I love The Washington Post. To me, it has always been the greatest newspaper in the nation, with outstanding journalists, opinion writers, and content.

I have another reason to love thea Post. I worked there as a copyboy in the summer of 1959. While there, I met my future husband. So I would not be wrong to say that the Post changed my life.

But the estimable Graham family made a terrible mistake when they sold the paper to multibillionaire Jeff Bezos. To the Grahams, the Post was a sacred trust. To Bezos, it’s a business, one of many he owns.

When he first bought the paper, he said he would respect its values, notably its commitment to independent journalism. As publisher, he would not interfere with the editorial side.

He kept his promise until 2024, when he realized that he could not antagonize Trump, because his other businesses dare not antagonize Trump. First, he stopped the editorial board from endorsing Harris. The editorial was written but never printed.

Then he donated $1 million to the Trump inaugural festivities. Then he made a deal to buy Melania’s video about her life for $40 million. The film is expected to cost $12 million. The remaining $28 million goes into her pockets.

Then he told the opinion writers that they should focus on “personal liberties and free markets.” Most understood that diktat to mean “stop criticizing Trump so much,” although one could write many columns about his assault on personal liberties and free markets.

A significant number of acclaimed journalists, editorial writers, and opinion writers left the Post, rather than submit.

So Bezos has a new idea. Cultivate writers from other publications, bloggers, freelance writers, even nonprofessional writers. Use AI to

Edit their submissions. Let humans make final decisions. Sad…especially for a great newspaper that is bleeding talent.

The New York Times wrote about Bezos’ new approach:

The Washington Post has published some of the world’s most influential voices for more than a century, including columnists like George Will and newsmakers like the Dalai Lama and President Trump.

A new initiative aims to sharply expand that lineup, opening The Post to many published opinion articles from other newspapers across America, writers on Substack and eventually nonprofessional writers, according to four people familiar with the plan. Executives hope that the program, known internally as Ripple, will appeal to readers who want more breadth than The Post’s current opinion section and more quality than social platforms like Reddit and X.

The project will host and promote the outside opinion columns on The Post’s website and app but outside its paywall, according to the people, who would speak only anonymously to discuss a confidential project. It will operate outside the paper’s opinion section.

The Post aims to strike some of the initial partnership deals this summer, two of the people said, and the company recently hired an editor to oversee writing for Ripple. A final phase, allowing nonprofessionals to submit columns with help from an A.I. writing coach called Ember, could begin testing this fall. Human editors would review submissions before publication.

Sad.

Categories Billionaires, Character, Ethics, Media, Trump

Thomas Ultican: Billionaires and Charter Schools in California: A Toxic Deal

By dianeravitch
June 3, 2025 //
5

Thomas Ultican reviews the current state of billionaire support for charter schools in California. Most people, certainly the charter industry, has long forgotten or never knew that the original charter school idea was that they would be created by teachers and operate under the aegis of local school boards. The reason for the linkage was that charter schools were supposed to be places that tried innovative practices, especially for the neediest students, and fed their results to their host district. They were supposed to be like R&D centers for local school districts.

They were not supposed to compete with public schools but to help public schools.

They were not supposed to undermine public schools. They were not supposed to be for-profit or operated as chains or entrepreneurs.

Here is Tom’s report on what’s happening today.

Categories Billionaires, California, Charter Schools, Corruption, Education Reform

Heather Cox Richardson: Trump and Musk Are Destroying the Government

By dianeravitch
June 2, 2025 //
14

Heather Cox Richardson demonstrates the negative effects of Elon Musk’s DOGS, which protected his interests and saved little, if any, money. With Trump’s “big, beautiful” tax plan, the deficit will increase by $4-5 trillion, so Musk’s chainsaw contributed nothing but demoralization and destruction of the federal workforce. She also summarizes the multiple ways in which Trump is sabotaging the rule of law. She includes footnotes, as usual. Subscribe to her blog to see them.

She writes:

In July 2024, according to an article published today by Kirsten Grind and Megan Twohey in the New York Times, billionaire Elon Musk texted privately about his concerns that government investigations into his businesses would “take me down.” “I can’t be president,” he wrote, “but I can help Trump defeat Biden and I will.”

After appearing on stage with Trump on October 5, Musk texted a person close to him: “I’m feeling more optimistic after tonight. Tomorrow we unleash the anomaly in the matrix.” About an hour later, he added: “This is not something on the chessboard, so they will be quite surprised. “‘Lasers’ from space.”

Musk invested about $290 million in the 2024 election and, when Trump took office, became a fixture in the White House, heading the “Department of Government Efficiency.” It set out to kill government programs by withholding congressionally approved funds, a practice that courts have ruled unconstitutional and Congress expressly prohibited with the 1974 Impoundment Control Act.

Musk vowed that his “Department of Government Efficiency” would cut $2 trillion from the U.S. budget, but he quickly backed off on those numbers. In the end, DOGE claimed savings of $175 billion, but that claim is unverifiable and CNN’s Casey Tolan says it’s probably wrong: less than half of it is backed up with any documentation.

Instead, as CNN’s Zachary B. Wolf reported today, since DOGE cut staffing at the enforcement wing of the Internal Revenue Service, for example, and cut employees at national parks, which also generate revenue, its cuts may well end up costing money. Max Stier, who heads the Partnership for Public Service, suggests DOGE cuts could cost U.S. taxpayers $135 billion because agencies will need to train and hire replacements for the workers DOGE fired. Stier called DOGE’s actions “arson of a public asset.”

Grind and Twohey reported that Musk’s drug consumption during the campaign—they could not speak to his habits in the White House, although he appeared high today at a White House press conference—was “more intense than previously known.” He was a chronic user of ketamine, took Ecstasy and psychedelic mushrooms, and traveled with a box that held about 20 pills for daily use. Those in frequent contact with him worried about his frequent drug use, erratic behavior, and mood swings. As a government contractor, Musk should receive random drug tests, but Grind and Twohey say he received advance warning of those tests.

It was never clear that Musk’s role at DOGE was legal, and the White House has tried to maintain that he was only an advisor, despite Trump’s February 19 statement, “I signed an order creating [DOGE] and put a man named Elon Musk in charge.” On Tuesday, U.S. District Judge Tanya Chutkan ruled that 14 states can proceed with their lawsuit against billionaire Elon Musk and the “Department of Government Efficiency,” saying the states had adequately supported their argument that “Musk and DOGE’s conduct is ‘unauthorized by any law.’”

Trump posted today on social media: “This will be his last day, but not really, because he will, always, be with us, helping all the way. Elon is terrific!” In a press conference today, Trump reiterated that Musk “is not really leaving.”

Musk’s time at the helm of DOGE might not have saved taxpayer money, but it has changed the world in other ways. Musk has used his time in the government to end investigations into his companies, score government contracts, and get the government to press countries to accept his Starlink communications network as a condition of tariff negotiations. According to John Hyatt of Forbes, Musk’s association with Trump has made him an estimated $170 billion richer.

The implications of DOGE’s actions for Americans are huge. DOGE operatives are now embedded in the U.S. government, where they are mining Americans’ data to create a master database that can sort and find individuals. Former Ohio Democratic Party chair David Pepper called it “a full-scale redirection of the government’s digital nervous system into the hands of an unelected billionaire.”

Today, Sheera Frenkel and Aaron Krolik of the New York Times reported that Musk put billionaire Peter Thiel’s Palantir data analysis firm into place across the government, where it launched its product Foundry to organize, analyze, and merge data. Thiel provided the money behind Vice President J.D. Vance’s political career. Wired and CNN had previously reported how the administration was using this merged data to target undocumented immigrants, and now employees are detailing their concerns with how the administration could use their newly merged information against Americans more generally.

Internationally, Musk’s destruction of the United States Agency for International Development, slashing about 80% of its grants, is killing about 103 people an hour, most of them children. The total so far is about 300,000 people, according to Boston University infectious disease mathematical modeller Dr. Brooke Nichols. Ryan Cooper of The American Prospect reported today that about 1,500 babies a day are born HIV-positive because Musk’s cuts stopped their mothers’ medication.

In the New York Times today, Michelle Goldberg recalls how Musk appeared uninterested in learning what USAID actually did—prevent starvation and provide basic healthcare—and instead called it a “radical-left political psy-op,” and reposted a smear from right-wing provocateur Milo Yiannopoulos calling USAID “the most gigantic global terror organization in history.” Goldberg also recalls Musk’s tendency to call people he disdains “NPCs,” or non-player characters, which are characters in role-playing games whose only role is to advance the storyline for the real players.

Aside from DOGE, the focus of Trump’s administration—other than his own cashing in on the presidency—has been on tariffs and immigration. Like the efforts of DOGE, those show a disdain for the law in favor of concentrating power in the executive branch.

During the campaign, Trump fantasized that constructing a high tariff wall around the U.S. would force other countries to fund the national deficit, enabling a Republican Congress to extend Trump’s 2017 tax cuts for the wealthy and corporations. In fact, domestic industries and consumers bear the costs of tariffs. Trump’s high tariffs, many of which he imposed by declaring an economic emergency and then using the 1977 International Emergency Economic Powers Act (IEEPA), created such havoc in the stock and bond markets that he backed off.

Yesterday, Sayantani Ghosh, David Gaffen, and Arpan Varghese of Reuters reported that although most of the highest tariffs have yet to go into effect, Trump’s trade war has cost companies more than $34 billion in lost sales and higher costs.

Trump has changed tariff policies at least 50 times since he took office, and traders have figured out they can buy stocks cheaply when markets plummet after a dramatic tariff announcement, and sell when Trump changes his mind. This has recently given rise to Trump’s nickname “TACO,” for “Trump Always Chickens Out.”

This moniker has apparently irritated Trump so much he has taken to social media to defend his abrupt dropping of tariffs on China, saying he did it to “save them” from “grave economic danger,” although in fact, China turned to other trading partners to cushion the blow of U.S. tariffs. Trump went on to suggest China did not live up to what he considered its part of the bargain, and he would no longer be “Mr. NICE GUY!”

On Wednesday a three-judge panel at the U.S. Court of International Trade ruled that President Donald J. Trump’s sweeping “Liberation Day” tariffs based on the IEEPA are illegal. The Constitution gives to Congress, not to the president, the power to levy tariffs. Trump launched a social media rant in which he attacked the judges, insisted that “it is only because of my successful use of Tariffs that many Trillions of Dollars have already begun pouring into the U.S.A. from other Countries,” and said that he could not wait for Congress to handle tariffs because it would take too long—in fact, most of Congress does not approve of the tariffs—and that following the Constitution “would completely destroy Presidential Power.” “The President of the United States must be allowed to protect America against those that are doing it Economic and Financial harm.”

Yesterday the U.S. Court of Appeals for the Federal Circuit paused that ruling until at least June 9, when both parties will have submitted legal arguments about whether the stay should remain in place as the government appeals the ruling that the tariffs are illegal. White House senior counsel for trade and manufacturing Peter Navarro, the key proponent of Trump’s trade war, said: “Even if we lose, we’ll do it another way.”

Today Trump said he will double the tariff on steel imports from 25% to 50%.

The other major focus of the administration has been expelling undocumented immigrants from the U.S. During the 2024 campaign, Trump whipped up support by insisting that former President Joe Biden had permitted criminals to walk into the U.S. and terrorize American citizens. Trump vowed to launch the “largest domestic deportation operation in American history” and often talked of deporting the estimated 11 million undocumented immigrants in the U.S., although his numbers have ranged as high as 21 million without explanation.

The administration has hammered on immigration to promote the idea that it is keeping Americans safe. But its first target of arresting at least 1,200 individuals a day has fallen far short. In Trump’s first 100 days, Immigration and Customs Enforcement says it arrested an average of about 660 people a day.

On Wednesday, White House deputy chief of staff Stephen Miller, who along with Secretary of Homeland Security Kristi Noem is the face of the administration’s immigration policy, told the Fox News Channel that the administration is now aiming for “a minimum of 3,000 arrests…every day.” Administration officials hope to deport a million people in Trump’s first year in office.

CNN reported yesterday that those officials are putting intense pressure on law enforcement agencies to meet that goal. This means that hundreds of FBI agents have been taken off terror threats and espionage cases involving China and Russia to be reassigned to immigration duties. Some FBI offices are offering overtime pay if agents help with “enforcement and removal operations.” Officers from other agencies, including the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) have also been deployed against immigrants in place of their regular duties.

Steven Monacelli of The Barbed Wire noted today that local law enforcement and state troopers have also been diverted to immigration, using a national network of cameras that read license plates. Joseph Cox and Jason Keobler of 404 Media reported yesterday that a Texas sheriff used the same system over the course of a month to look for a woman whom he said had a self-administered abortion, saying her family was worried about her safety.

Their attempt to appear effective has led to very visible arrests and renditions of undocumented migrants to prisons in third countries, especially the notorious CECOT terrorist prison in El Salvador. The administration has deliberately flouted the right of persons in the United States to due process as guaranteed by the Constitution. The administration has met court orders with delay and obfuscation, as well as by attacking judges and the rule of law.

The administration continues to insist those it has arrested are dangerous criminals who must be deported without delay, but more and more reporting says that many of those expelled from the country had no criminal convictions. Today, ProPublica reported that the Trump administration’s own data shows that officials knew that “the vast majority” of the 238 Venezuelans it sent to CECOT had not been convicted of crimes in the U.S. even as it deported them and called them “rapists,” “savages,” “monsters,” and “the worst of the worst.”

ICE has increasingly met quotas by arresting immigrants outside of immigration check-ins and courtrooms: yesterday Dina Arévalo of My San Antonio reported that ICE arrested five immigrants, including three children, outside of an immigration court after a judge had said they were no longer subject to removal proceedings. The officers used zip ties on all five individuals.

At stake is the turn of the United States away from democracy and toward the international right wing. Yesterday the U.S. State Department notified Congress that it intends to use the Bureau of Democracy, Human Rights, and Labor to promote “Democracy and Western Values.” On Tuesday a senior advisor for that bureau, Samuel Samson, who graduated from college in 2021, explained that the State Department intends to ally with the European far right to protect “Western civilization” from current democratic governments.

It also plans to turn the Bureau of Population, Refugees, and Migration, which manages the flow of people into the U.S., into an “Office of Remigration” to “actively facilitate” the “voluntary return of migrants” to other countries and “advance the president’s immigration agenda.”

“Remigration” is a term from the global far right. As Isabela Dias of Mother Jones notes, its proponents call for the “mass expulsion of non–ethnically European immigrants and their descendants, regardless of immigration status or citizenship, and an end to multiculturalism.” Of the congressional report, a person who works closely with the State Department told Marisa Kabas of The Handbasket: “All of it is pretty awful with some pieces that definitely violate existing law and treaties. But institutionalizing neo-Nazi theory as an office in the State Department is the most blatantly horrifying.”

This concept is behind not only the expulsion of undocumented immigrants, but also the purge of foreign scholars and lawful residents. The Supreme Court blessed this purge today when, during the period that litigation is underway, it allowed the administration to end immigration paroles for about 500,000 people from Cuba, Haiti, Nicaragua, and Venezuela admitted under a Biden-era program, instantly making them undocumented and subject to deportation.

The court decided the case on the shadow docket, without briefings or explanation. In a dissent joined by Justice Sonia Sotomayor, Justice Ketanji Brown Jackson wrote: “[S]omehow, the Court has now apparently determined…that it is in the public’s interest to have the lives of half a million migrants unravel all around us before the courts decide their legal claims.”

Jackson added a crucial observation. The court, she wrote, “allows the Government to do what it wants to do regardless [of the consequences], rendering constraints of law irrelevant and unleashing devastation in the process.”

—

Categories Accountability, Bigotry, Billionaires, Budget Cuts, Citizenship, Corruption, Cruelty, Democracy, Disruption, Economy, Ethics, Evil, Extremism, Fascism, Fraud, Freedom, Funding, History, Immigration, Musk, Elon, Propaganda, Trump

Maurice Cunningham: DFER Moves into MAGA Orbit

By dianeravitch
May 28, 2025 //
2

Maurice Cunningham, a retired professor of political science at the university of Massachusetts and a specialist on dark money in education, exposes the rightward shift of Democrats for Education Reform, as well as its continuing disintegration. DFER spent years cheerleading for charter schools and test-based teacher evaluation, but its pretense has dissolved. Cunningham said it is now closely aligned with rightwing groups.

Cunningham writes:

Democrats for Education Reform, the front operation for billionaire privateering of public education, has gone all-in for right-wing policies. This likely reflects two factors: the collapse of DFER nationally, and an opportunistic pivot to Trump’s MAGA regime.

DFER was established upon the premise, according to its hedge fund co-founder Whitney Tilson, that it would spend lavishly as part of an “inside job” to turn the Democratic Party away from teachers unions and public education and toward charter schools. Its CEO Jorge Elorza has just announced the organization will race even further to the right: DFER will now “Explore innovative funding models such as education savings accounts (ESAs), vouchers, and tax credit programs.” (emphasis in original). This is the program of billionaires Linda McMahon, Betsy DeVos–and Donald Trump.

Judging by the number of high-level staff fleeing from DFER, Elorza has been driving the operation into the ground. Jessical Giles, who served for six years as Washington, D.C. executive director recently resigned because DFER’s policies “no longer align with my values and vision.” 

Other DFER leaders have complained of the group’s gallop toward political extremism. In a complaint filed in Suffolk Superior Court in Boston, former Massachusetts executive director Mary Tamer wrote that Elorza retaliated against her for “inquiring about Mr. Elorza’s decision to join a Koch-funded right-wing coalition that seemed contrary to the organization’s best interests and mission.” The right-wing coalition seems to be the No More Lines Coalition, which includes not only Koch aligned organizations but Betsy DeVos’s American Federation for Childrenand the National Alliance for Public Charter Schools. Elorza has been a guest speaker at the Charles Koch Institute. Tamer is seeking damages against  DFER, and the allied Education Reform Now and Education Reform Now Advocacy for gender and age discrimination.

Tamer’s complaint alleges a number of defections by key DFER leaders. Within months of Elorza’s arrival COO Shakira Petit left, and CFO Sheri Adebiyi was fired. Board Chair Marlon Marshall and Charles Ledley, a co-founder, resigned. The complaint further alleges that “Ms. Tamer is one of several women in leadership positions who have been terminated or pushed out by the Defendants.” That list includes Connecticut state director Amy Dowell and Jen Walmer of Colorado, a close adviser on education to Governor Jared Polis and one of DFER’s most effective advocates.

Despite the name, DFER has raised millions over the years from Republican-backing billionaires. The Walton Family Foundation, the non-profit corporation of the notoriously anti-union family that owns WalMart, has sustained DFER. Rupert Murchoch, who regards K-12 education as a $500 billion market gave DFER at least $1 million, apparently in the hopes the operation would help his ed tech company. 

Elorza’s announcement of DFER’s shift leans on the “market-based solutions” language of neo-liberal privateering, but the reality is that neo-liberalism is not where the action is in 2025. Families for Excellent Schools, at one time a privateering powerhouse, collapsed in 2018. In 2011 Stand for Children president Jonah Edelman boasted his organization had nine state affiliates and would grow to twenty states by the end of 2015. In 2025 Stand for Children is hanging on in seven states. 

Since its 2007 founding, DFER has claimedchapters in nineteen different states plus D.C. and a teachers group. By February 2025 only four chapters remained. In January 2023, DFER listed thirteen national staffers. By February 2025, it had only four. As of May 2025, the “States” and “National Staff” links on DFER’s webpage have disappeared. An Elorza biography lives on. 

The action now is with extremist organizations like the Koch and Leonard Leo aligned Parents Defending Education and Heritage Foundation offspring Moms for Liberty. 

Self-described “school choice evangelist” Corey DeAngelis accurately sees that DFER has joined with the far right on education privateering.  DeAngelis was the face of Betsy DeVos’s American Federation for Children  until he was fired after revelations he had starred in gay sex porn films. He is now a “senior fellow” at the American Culture Project, which is tied to the Koch network through the Franklin News Foundation. DeAngelis is cheering DFER’s embrace of the Republican education privateering platform. 

What has DFER really joined here? The end game was spelled out in a 2017 memorandumfrom the secretive Council for National Policy to Trump and DeVos: abandon public education in favor of “free-market private schools, church schools and home schools.” 

That is your “choice.” 

DFER has never been a membership organization—there are few real Democrats involved. To be sure, it has gotten donations from charter favoring Democratic billionaires as well as an array of Republican privateers, plus millions of dollars in untraceable dark money. DFER’s organizational drift and rank political opportunism have now cemented its bond with Trump’s MAGA regime.

Maurice T. Cunningham is a retired professor of political science at the University of Massachusetts at Boston and the author of Dark Money and the Politics of School Privatization(2021).

Categories Betsy DeVos, Billionaires, Charter Schools, Corruption, Dark Money, Democrats, Democrats for Education Reform, Education Reform, Ethics, Extremism, Funding, Hoax, Koch Brothers

Trump’s Amazing Accomplishments in the Middle East

By dianeravitch
May 17, 2025 //
7

Donald Trump has had a remarkably successful trip through the Middle East in recent days. Incredibly successful, that is, for the Trump Organization.

He has been offered a $400 million jet by the government of Dubai. It is a “gift to the nation,” but only Trump will be able to use it. Not everyone is thrilled because the cost of turning it into Air Force 1 will be hundreds of millions, some estimates as high as $1 billion. The mammoth plane has been on the market since 2020, with no bidders.

The Trump Organization will be building two high-rise luxury buildings (Trump Towers) in Saudi Arabia.

The Trump Organization will be building a luxury golf resort in Qatar.

The Trump family made a deal with an Emeriti-backed firm, which invested $2 billion in Trump’s stablecoin.

The Trump International Hotel and Tower in Dubai just opened.

Trump met with the new leader of Syria, who previously served as the chief of Al Queda in Syria, and the first Trump administration had a $10 billion bounty on his head. Trump agreed to cancel All US sanctions on Syria, and Syria granted the Trump Organizatuon permission to build a Trump Hotel in Damascus. A win-win!

Trump says that the Arab nations will be investing in the U.S. The details will be revealed later.

This has been a great week for the Trump family.

Meanwhile, Trump did not schedule a visit to Israel, did not use his influence with Netanyahu to demand an end to the three-month blockade of food and humanitarian aid into Gaza. Trump showed no interest in this tragedy.

Categories Billionaires, Education Reform

Pastors for Texas Children on the Signing of the Voucher Bill

By dianeravitch
May 6, 2025 //
2

One of the most determined opponents of vouchers in Texas was the Pastors for Texas Children. While some faith leaders celebrated the opportunity to get public money for their religious schools, the PTC stood firm for separation of church and state. They believe it is the state’s responsibility to provide good public schools, and it is the duty of religious groups to support their own faith.

They know the research. They know that most of the $1 billion in vouchers will be used to subsidize students already enrolled in private schools. They know that many private schools will raise their tuition in response to the state subsidy. They know that the public schools, which serve the vast majority of students, will continue to be underfunded.

PTC sent out the following message:

The Signing of HB 3

An old preacher once said that God’s Justice was figuring out what belongs to whom and giving it to them.

Universal education for ALL children is God’s Justice. A $1 billion voucher subsidy program for children already in private schools— mostly religious schools that use Caesar to support their religion— is not.

Texans know that. They have rejected voucher programs for 30 years.

Gov. Greg Abbott had to rely on a Philadelphia billionaire to give him over $12 million dollars to defeat conservative, rural Republican state representatives who opposed vouchers on deep conviction and moral principle.

We take no pleasure in calling out our governor’s lies and bullying against these decent public servants. God is not mocked by Gov. Abbott’s corruption.

The voucher bill was signed on Saturday. Also on Saturday Texans all over the state overwhelmingly approved public school bond programs and elected pro-public ed trustees as a direct response to Abbott’s voucher scam.

We will have another opportunity to express our will on public education and against the privatization of it:

The 2026 primary and general elections.

DONATE TO PTC

PO Box 471155, Fort Worth, Texas, 76147

***************************************

What Happened After Passage of HB 3.

A statewide rejection of extremism.

In the aftermath of the passage of the voucher bill, voters in several districts responded by ousting hard-line conservative school board members. Texan Michelle H. Davis described the devastating losses of MAGA school board members across the state.

It was a tough night for MAGA-aligned candidates in Texas. In the May 3, 2025, local elections, voters across the state decisively rejected far-right candidates, particularly in school board and city council races. From Tarrant County to Collin County, and from San Antonio to Dallas, communities chose leaders who prioritize public education, inclusivity, and pragmatic governance over culture wars and partisan agendas. This widespread shift signals a growing resistance to extremist politics at the local level. 

Last night, voters across Texas sent a message loud enough to rattle the far-right out of their echo chambers: we’re done with your culture wars, your book bans, and your crusade against public schools. Voters chose community over chaos, educators over agitators, and progress over extremism.

The local elections weren’t just a series of wins but a sweep. MAGA-backed candidates got absolutely trounced across the state. This was the result of deep organizing, years of work by local Democrats, and voters who are fed up with the far-right hijacking of school boards and city councils to push their agenda.

Texas isn’t turning blue overnight, but make no mistake: the MAGA movement had a very bad night, and the momentum is shifting.

Tarrant County. 

The Republican Party poured money, endorsements, and out-of-state personalities into these Tarrant County races, and they got wiped. Every single candidate backed by Patriot Mobile, the far-right Christian nationalist group trying to take over school boards, lost. That’s losses in Mansfield ISD, Keller ISD, and Grapevine-Colleyville ISD. A clean sweep.

The Tarrant County GOP went 0-for-11 in the county’s three largest cities: Fort Worth, Arlington, and Mansfield. Let that sink in. They didn’t just lose a few races. They got shut out entirely. In Mansfield, Republican Rep. David Cook’s backyard, where Allen West himself came out to rally the troops, the GOP lost all five races they backed.

Meanwhile, Democrats made real gains on the Fort Worth City Council. One of the biggest victories was Debrah Peoples’s victory in her race. A longtime activist and former Tarrant County Democratic Party Chair, Peoples gave progressive voters a reason to celebrate in a city that’s often overlooked on the statewide map.

Huge, huge shout out to the Tarrant County Young Democrats. They didn’t just show up, they organized, knocked on doors, made calls, and fought for every single school board seat they were targeting. And guess what? They swept them all. That’s the kind of ground game that wins elections. That’s the kind of energy we need to keep building.

Open the link to continue reading about the pushback in Texas against bookbanning rightwing MAGA culture warriors.

Categories Billionaires, Ethics, Religion, Research, Separation of church and state, Texas, Vouchers
« Older Entries
Newer Entries »