DNC RNC

A message from Bernie Sanders’ field officer

We very much doubt Bernie Sanders would endorse what his field officer said. Perhaps his staffer is just disgruntled that Bernie cut his hours

Bloomberg-Clinton ticket?

The Drudge Report is suggesting Mike Bloomberg wants Hillary Clinton as a running mate as polling suggests the duo would be a “formidable force.”

We’re not sure whether to laugh or cry.

Don’t forget that Michael Bloomberg endorsed Hillary Clinton ahead of the 2016 election. Recall he was intending to run as a Republican back then. When his bid failed he threw his support behind Trump’s opponent.

Perhaps a formidable force in rallying Trump deplorables to the ballot box to rub her nose in it?

Clinton continues to show herself to be bitter since losing the election in 2016. Of course absolutely none of it was her fault. How nice it was of her to throw Bernie under the bus late last year when she said that he destroyed her campaign by not endorsing her after the rigged nomination.

Still, thankfully friends like Michelle Obama justified Hillary’s loss when she said, “Any woman who voted against Hillary Clinton voted against their own voice!” Who knew?

Would such a combo be a plan to have the DNC unseat Bernie Sanders from the front of the queue? Does the DNC think Bernie voters hate Trump more than them post 2016? It sort of has that stench about it.

What a gift for Trump. At the very least HRC could get one step closer to being the first female head of state, especially if she adopted Nancy Pelosi’s prayer guide for the president.

Elizabeth Warren’s amazing aloofness

twitter.com/ewarren/status/1227453110374879232

Democrat nominee Senator Elizabeth Warren was extolling the virtue of a student with $6 to her name who gave her $3 to keep her miserable joke of a campaign going. Instead of giving the poor kid $20 from her own multi million dollar fortune to let her buy a decent meal, Fauxcahontas gladly took her money even though she knows she has no chance of getting the nomination.

Values.

Showing up for the incumbent

Normally a virtually uncontested race for an incumbent president doesn’t motivate voters of that party to show up and vote in the primaries. In New Hampshire Trump got the all time record for voters. That should alarm the Democrats in hoping his base is sitting idly by.

Nancy gets out her scotch/tape

After ripping up a speech which was largely truthful in content and contained the story of a 100 year old member of the Tuskegee Airmen who was present at SOTU, Nancy Pelosi decided to post this.

Thanks Nancy. A bit late. You should have respected them at the time but you let your petty partisanship drive your behavior.

She is a piece of work.

How the Bottom 50% in the USA have fared over the last 30 years

fredgraph (3)

Thanks to the SOTU, this chart from the St Louis Fed (FRED) gives us a great read across on how the Bottom 50%’s fortunes have fared over time.

Since the series began, FRED shows their aggregate wealth peaked in 2Q 1991 at $4.3 trillion. In Q1 2009, that net wealth plummetted 61% to $1.7 trillion. It sunk to a rock bottom of $300 billion in 2Q 2011, 93% down.

Under Obama, net worth for the Bottom 50% declined from $1.7 trillion in 1Q 2009 to $1.1 trillion, down 35% over his two terms. This might do some explaining as to why the “forgotten” wanted large scale change.

Under Trump, the latest net worth is back to $1.6 trillion. Still well off the highs of 3-decades ago, but one imagines if things keep improving out to November, then these people won’t want to risk their fortunes reversing again.

Of course, many will ponder the unfair wealth gap of the Top 1% at $34.5 trillion in the latest figures.

Democrats should be outraged that the ultra-wealthy have done much better under Obama with a 100% gain in net worth under his term vs the paltry 15.3% so far under Trump. Is this the real reason why Nancy Pelosi is so upset?

If you want to see how much members of Congress are worth please check out Roll Call. While some politicians come from inherited wealth, many on the public purse have managed to do pretty well on a paltry government salary.

DNC Chair orders a recount in Iowa

Tom Perez (right) was endorsed by Joe Biden for the role of DNC Chair in Feb 2017 after the debacle that ended up being the 2016 election under Debbie Wasserman Schultz. Perez won, beating out pro-Sanders Keith Ellison.

As we know, Bernie Sanders is neck and neck with Pete Buttigieg in the Iowa Caucus. However, Perez tweeted overnight,

Enough is enough. In light of the problems that have emerged in the implementation of the delegate selection plan and in order to assure public confidence in the results, I am calling on the Iowa Democratic Party to immediately begin a recanvass.

The NY Times commented that,

In some cases, vote tallies do not add up. In others, precincts are shown allotting the wrong number of delegates to certain candidates. And in at least a few cases, the Iowa Democratic Party’s reported results do not match those reported by the precincts.

Hopefully, any recount will result in the one that is palatable to the DNC.