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The Tricks – BONUS POST

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BREAKING NEWS: The media are distributing a reality-show franchise, Reaganomics on Steroids, a GOP Production. Here’s the theme song.

THE TRICKS

sung to the tunes of “The Twist” and “Let’s Twist Again” with apologies to the Estate of Chubby Checker and to whomever else the rights may concern.

BUDget gaming, with accounting tricks.

Biden deFAMing, we get our kicks.

Reinforce the Trump brand, even more in ’26.

Ha, ha, tricks, gravy, ACA tricks. (round-and-turn-around)

Yeah, just trust our tricks. (We’re down and out.)

Come on, settle this, our last licks.

While Trump’s sleeping, and payroll’s ground down.

Yeah, profiteering leaping. Enforcers ain’t around.

The Dems we’re gonna nix, nix, nix, until we wear the House down.

Ha, ha, tricks, gravy, ACA tricks. (round-and-turn-around)

Yeah, just trust our tricks. (We’re down and out.)

Come on, settle this, our last licks.

Yeah, we all SEETHE, at the Dems’ wish list. USA NEEDS, a military mix.

We put poor Americans in hock. We don’t tax the rich.

Ha, ha, tricks, gravy, ACA tricks. (round-and-turn-around)

Yeah, just trust our tricks. (We’re down and out.)

Come on, settle this, our last licks.

AND THE SEQUEL:

Can’t resist again, like we did last summer.

Yeah, still we dish it out, like we did last year.

Don’t let foreigners, steal our Hummers.

Yeah, it’s tricks again, fixing time is here.

Defunding and defunding back and forth, we GO again.

Make them know we’re tough you KNOW, and then,

can’t resist again, like we did last summer.

Come on, still we dish it out, like we did last year. (tricks)

Can’t resist again, like we did last summer.

Yeah, still we dish it out like we did last year.

Don’t let foreigners, steal our Hummers.

Come on, it’s tricks again, fixing time is here.

Defunding and defunding back and forth we GO again.

Make them know we’re tough you KNOW, and then,

come on, can’t resist again, like we did last summer.

Yeah, still we dish it out like we did last year.

Come on, can’t resist again, like we did last summer.

Come on, it’s tricks again, fixing time is here.

The Book of the Week is “American Lion, Andrew Jackson in the White House” by Jon Meacham, published in 2008. This hodgepodge of a volume described the subject’s military and political careers and his times.

Born in March 1767 on the border between North and South Carolina, Andrew Jackson was orphaned by the time he was fourteen. Nevertheless, he got a license to practice law in 1787.

Jackson was elected president of the Union (the United States) in November 1828, and served two four-year terms. Throughout, he increased presidential power over the legislative and judicial government branches. He showed he believed in white supremacy (over the Native Americans and black slaves) while speechifying that he cared about them. He forced the Native Americans to take up residence west of the Mississippi river, claiming he was protecting them, as they would forever be fighting with the white man. His family owned slaves, who took care of his plantation in Nashville, TN.

In November 1830, he made his nephew’s newspaper, his administration’s communications outlet. He was accused of running a military dictatorship.

Read the book to learn much more about several of the kinds of political episodes that have repeated themselves beginning approximately two hundred and ten years ago; including but not limited to:

accusations of a sex scandal involving the wife of president Jackson’s secretary of war;
South Carolina’s threat to secede from the Union due to financial harm done by Jackson’s imposition of a tariff;
Jackson’s persistence in trying to eliminate the hegemony of one man named Nicholas Biddle who owned a monopolistic financial behemoth called the Bank of the United States;
deaths of various family members and friends.

Martin Van Buren

WARNING: VERY LONG POST

The Book of the Week is “Martin Van Buren, America’s First Politician” by James M. Bradley, published in 2024.

In this hodgepodge of a volume, the author recounted many of the historical events to which Van Buren was witness in his lifetime. Throughout, the reader can see the evolution of American politics, and how some bad situations have become reversed, and others have stayed the same or gotten worse.

Van Buren was born in December 1782 in Kinderhook, New York State, now a part of Columbia county, a couple of hours’ drive north of New York City. For most of his teenage years, he was apprenticed to an attorney. His preliminary training was spent in a version of “night court” in a tavern– the courthouse of his generation.

Republicans were the “bleeding heart liberals” of the 1800’s, while the Federalists were the free-market capitalists who believed the country should be governed by a centralized authority. Van Buren began his political career as a Republican. Nevertheless, he accumulated great wealth while practicing law. There were wealthy politicians who bought the votes of the lawmakers to make themselves richer. He became one of them through the decades. Back in the day, there were no campaign finance laws, so no one was required to disclose any information on campaign donations.

Van Buren was elected New York State senator, and began his first term in November 1812. The governor of New York State appointed him to be that state’s attorney general in early 1815. Politics were fickle, so his job security was poor. At the same time, he was allowed to finish his term as senator before starting the attorney general job. By December 1821, the Republicans were the only political party in the United States.

In the last half of the 1820’s, Congress frequently succeeded in opposing president John Quincy Adams’ initiatives. For months, senator Van Buren and his cronies fought against one initiative Adams managed to push through: funding for a diplomatic trip to Panama, to make nice with various countries in South America. Adams and his vice president Henry Clay (of the Whig party he founded in the mid-1830’s) had wasted resources on this project that ended up a bust anyway, because a few of the key diplomats passed away. Meanwhile, Van Buren had been building a bipartisan coalition to oppose his political enemies on hot-button issues such as race and slavery.

In the early 1800’s, ninety percent of federal revenue came from tariffs, as a federal income tax wouldn’t be levied until 1913. Various parties were hurt or helped by those tariffs. New York City’s business stakeholders, as did the southern states of Virginia, North Carolina, South Carolina and Alabama, mostly agricultural, were hurt. Commercial entities located around the Erie Canal, and states in New England began to favor tariffs as they built new factories. At the dawn of the 1830’s, the federal government was able to purchase its own Treasury bills and pay off its debt entirely.

At the same time, President Andrew Jackson, claiming it was an anti-corruption measure, imposed a policy of mandatory turnover of federal office holders every four years. Only about ten percent of the workforce was affected, but drawbacks included: disruption of corporate culture and loss of institutional memory in the workplace, so that new hires had to re-invent the wheel, and the replacement-workers would likely be inexperienced. Jackson later named his party the Democrats.

In 1836, Van Buren ran for president as a Democrat. He was the only candidate on the ballot at the Convention in Baltimore. Separate states were allowed to push various Whig-party candidates, and they did, so they all became spoilers of one another.

Then then-philosophy had been to leave the economy alone, and not grant bailouts. President Jackson’s Democrats blamed the banks on hard times. But after the president himself enacted banking legislation, that wouldn’t fly. A financial crisis hit the fan in 1837. Van Buren’s presidency was the first in which ordinary Americans blamed the bad economy on the federal government.

President Van Buren proposed an Independent Treasury– a federal entity that would simply be a conduit for collecting federal revenue and paying bills. It should be unconnected to commercial and savings banks, which were proft-seeking and had to answer to shareholders. It should not be subjected to political meddling.

Nonetheless, the politicians were greedy hypocrites all, of both parties. Ordinary Americans of course, were brainwashed by propaganda, and didn’t know the half of it. The legislation for the Independent Treasury was finally passed in June 1840.

By the late 1830’s, America’s government consisted of a two-party system. The party that was out of power trashed the one in power. But, presidential candidates didn’t travel around campaigning. They promoted themselves by writing letters that got published in various newspapers (which were partisan). Whig candidate William Henry Harrison broke tradition by traveling around the country, smearing Democrat Van Buren.

Read the book to learn much, much, much more about Van Buren’s life and times.

The Oracle of Oil

The Book of the Week is “The Oracle of Oil, A Maverick Geologist’s Quest For A Sustainable Future” by Mason Inman, published in 2016.

The author– a journalist rather than a historian or academic– described redundantly in great detail, certain issues and historical events (perhaps those from sources to which he had easy access), and omitted or provided scant coverage on a bunch of others that were equally important.

The text was like Swiss cheese. He failed to mention the geopolitical issues of oil refining, oil spills, mergers of oil companies, nuclear disasters, and lawsuits and scandals that were game-changers in the energy arena.

If this volume was meant to be a career biography, the author should have simply said there were numerous issues and historical events that affected the subject’s career, but they were beyond the scope of the book. He could have simply named them without giving extensive depth to some and omitting others altogether.

Anyway, King Hubbert was born in 1903 in central Texas. He attended the University of Chicago, a focal point of intellectual ferment back in the day. He became a geologist and began working in the oil industry, which was in its infancy. He alternately worked and returned to school to earn higher academic degrees, during which he met theorists such as himself.

One was Howard Scott, whose early 1920’s vision consisted of a Communist society (all industries would be government-owned) which, through certificates rather than currency, would fulfill all of its citizens’ basic needs; food, clothing, housing, etc., pursuant to the amount of energy required to manufacture those goods. The people would work only sixteen hours a week, and have lots of leisure time.

By the early twentieth century, academics were spending untold amounts of time debating the merits of political, social and cultural systems– their own, and other nations’. In the 1920’s, they despaired that automation was putting people out of work, and monster-sized corporations manufactured their durable goods with “planned obsolescence” in mind. Propaganda even then, was persuading consumers to throw out old cars, machines and material goods (instead of repairing them), and buy new ones. In 1930, the nation was gobsmacked by the Great Depression.

In early 1932, Hubbert, Howard, and a few other engineers and scientists, included their aforementioned utopian fantasy in the theory of Technocracy, generating a report. Hubbert wrote the portion covering chemistry and physics. Engineers and scientists, rather than greedy capitalists, would direct their economy.

Two of their ideas have somewhat come to pass in modern society (a century later!):

Scientists and engineers (who are also greedy capitalists, from Silicon Valley) are controlling the world’s communications systems (and the U.S. government and economy); and
money has not altogether been eliminated, but two kinds of Socialistic means of exchange have been introduced in recent decades– the Euro and electronic currencies.

On the other hand, capitalism and consumerism have produced an abundance of material goods in the United States–to which other nations have aspired– lifting worldwide living standards. Yet, there is still extreme poverty, even in the United States. The overall cause of this paradox, is human nature– greed, guilt, fear and exclusivity.

Back in the 1940’s and for the next few decades, Hubbert and others made projections as to the amount of the earth’s fossil fuels still to be exploited by humans for their energy needs. His predictions were the most cautious. He truly cared about accurately analyzing data to publicize the truth.

In the early 1960’s, the newly elected president John F. Kennedy tasked committees with doing studies. There was interagency rivalry between the U.S. Geological Survey, and the National Academy of Sciences. There were conflicts of interest, of course. Federal agency employees were clinging to their jobs and therefore trying to maximize their budgets. Oil-industry employees were hoping to get the government to pass legislation favorable to themselves.

The Atomic Energy Council (AEC) was a federal agency that approved the sites on which nuclear power plants were built. In 1966, the AEC refused to release a report critical of its nuclear waste disposal practices in Oak Ridge, Tennessee, salt mines in Kansas, Hanford in Washington state, and the Nuclear Reactor Testing Station in Idaho. Written by Hubbert’s committee, that report basically stated that the sites were cancer clusters. Nevertheless, by the mid-1980’s, approximately ninety nuclear power plants had become operational in the United States.

The author did mention that fracking is extremely damaging to the earth but didn’t mention how extremely damaging it is to people. Besides, it is extremely expensive, so shale gas drillers must take on crushing debt load.

In sum, there are no easy, simple solutions to the current fragmented, complex energy crises that plague the world. At the dawn of the 1970’s, Hubbert was proven correct in his assessments, but unsurprisingly, all the energy stakeholders in America clouded the issues with excessive propaganda. Read the book anyhow, to learn of Hubbert’s trials and tribulations in his trying to tell people what they didn’t want to hear.

Trotsky in New York 1917

The Book of the Week is “Trotsky in New York 1917, A Radical on the Eve of Revolution” by Kenneth D. Ackerman, published in 2016. This volume had a misleading title, in that it described not only Trotsky’s activities, but those of his contemporaries and their times. There were backstories and flashbacks– insulting the intelligence of a reader who desired to read the book from cover to cover, rather than use it as a reference book. It repeated itself as history does; “When war [WWI] hysteria hit, people began to look for scapegoats, traitors, and spies. And the first accused of disloyalty were always the same: immigrants and socialists.”

Anyway, in January 1917, the man latterly known as Leon Trotsky, his second wife and their two sons arrived in New York City by boat. He and his wife confidently lied to immigration officials who had visited them personally in their cabin. They were able to bypass the Ellis Island third-degree inquisition because they were first-class passengers. The Spanish government paid the extra cost of upgrading them from second class because it was so eager to exile them.

Trotsky worked in the East Village office of Novy Mir (“New World”), a Russian socialist newspaper with a circulation of eight thousand. He had numerous intellectual and political friends in high places. Trotsky was a spellbinding speaker and prolific writer on socialist ideology. He doubted the elitist president Woodrow Wilson could help make peace in Europe because America was capitalist and ruled by its moneyed class. That class wanted to maintain the status quo of the gravy train of great profits derived from weapons contractors. Trotsky thought similiarly of the American Socialist Party leader– Morris Hillquit, who, as a lawyer, charged big bucks to represent labor and radical political activists and wasn’t opposed to using violence to get candidates elected.

In March 1917, after the tsar in Russia was deposed, Trotsky was on the move again, as he was a member of the Russian revolutionary organization. He and his family acquired proper identity papers and booked passage on a boat back to Russia. However, he was detained in a prison west of Halifax by Canadian authorities (ultimately ruled by Britain) for fear his native Russia would ally with Germany to defeat the French and British. He prepared several telegrams to inform various parties of what was happening with him; one of which was actually sent. This spawned letters, demonstrations, telegrams and newspaper articles in America, Canada, Britain and Russia that put pressure on officials to allow him to return to Russia.

By late 1917, Trotsky and the gang were well on their way to forming a dictatorship in Russia– breaking their previous campaign promises. Via violence, they eliminated free speech and all political activity except their own. Trotsky made the excuse that such measures were necessary to head off a French-Revolution-style peasant-uprising. However, in order to stay in power as the top leader, Vladimir Lenin scaled back the brutality by instituting the New Economic Policy. Because the common people were starving, he actually allowed them to engage in capitalist initiatives in agriculture. Of course there was corruption. Hilarity did NOT ensue.

As is well known, hilarity is associated with the American sitcom, a bygone era. Trotsky’s scene was more like a modern-day reality show– whose viewers vicariously release their rage along with the overpaid noisemakers on the idiot box. Here are the sentiments of some other Americans.

TRIPE

sung to the tune of “Escape” with apologies to Rupert Holmes and whomever else the rights may concern.

I’m tired of the president.
He’s been in office too long.
He’s a worn out recording of a boatload of wrongs.
So while he’s hiding and golfing, he’s trying to clear his head.
And his personal consultants, keep the media fed.

I don’t like this queen’s drama.
He’s GOT mush for brains.
All the negative emotions, and the race to defame.
I don’t like his fluff night AFTER night, the views, and the hype.
It’s not fluff I voted for.
I TUNE out the tripe.

I don’t think about the president.
He’s always so mean.
He and his media slaves,
require a staged and scripted routine.
It should be in all the papers– his mind is going bad.
GOP doesn’t want to SHOW it. GOP is power-mad.

I don’t like this queen’s drama.
He’s GOT mush for brains.
I don’t like the xenophobia, the greed campaign.
I hope Vance steps up soon,
and cuts through all this red tape, via the 25th Amendment,
and changes the leadership landscape.

The prez can’t TALK off the cuff.
He’s in an embarrassing place.
It’s another Reagan instance.
Billionaire boys set the pace.

Vance MUST be less shady.
He’s a Millennial coup.
You can laugh for a moment.
But he’s dangerous, too.

I don’t like this queen’s drama.
He’s GOT mush for brains.
I’m into sane healthcare, NOT the greed campaign.
I don’t like his fluff night AFTER night, the views, and the hype.
It’s not fluff I voted for.
I TUNE out the tripe.

I don’t like this queen’s drama.
He’s GOT mush for brains…

==================

Anyway, read the book to learn much more about Trotsky’s life and political career.

Ivan’s War

The Book of the Week is “Ivan’s War, Life and Death in the Red Army, 1939-1945” by Catherine Merridale, published in 2006.

As is well known, by the mid-1920’s, Stalin had taken over Russia, in which there had been a revolution to turn the country Communist. Beginning in 1929, Stalin forced peasant-farmers to merge their land into collectives and adopt wrong-headed agricultural methods, resulting in millions and millions of deaths from famine. Elite schools in the cities were training the upper class (and a few poor boys) for leadership.

In spring 1937, Stalin ordered many top leaders in his government and military to be fired or tortured or killed, or a combination thereof. The younger soldiers had been brainwashed from birth to be anti-Fascist and therefore to hate the Germans, so they were confused when Stalin signed a non-aggression pact with Hitler in August 1939. Nevertheless, when WWII came, the Russian military incited the educated young men to lead the fight to protect mother Russia. Back home, their families were still starving.

In June 1940, the Soviet military was unpleasantly surprised by an attack on their Slavic lands by the German Luftwaffe. The now-enemy had knocked out a lot of military resources and Soviet troops had been disorganized and poorly equipped previously. Vyacheslav Molotov, Stalin’s right-hand man, used the occasion to inspire patriotism and incite additional hatred against the Germans.

Propaganda literally flew back and forth hot and heavy. German planes flying over Ukraine dropped leaflets that said Moscow had fallen and Stalin was dead. Turnover in the Red Army was extremely high due to: desertions, deaths from NKVD executions for desertions, and deaths from disease and enemy fire and bombardments.

In spring 1944, Soviet soldiers invaded Romania. They began to see peasants there and in Germany, Poland, France, Holland, Belgium and other capitalist places, who were living way better than they themselves had been, in their civilian lives. The young Soviet military men began to question how Communism was so great if they had been so economically poor.

Instead of setting fire to Romanian villages as they and the Germans had done to so many other battlegrounds as they were leaving, they looted corpses and appropriated farm animals, alcohol and material possessions for themselves. Black markets flourished.

When they finally marched into East Prussia and Budapest, the Soviets’ frenzy of hatred involved raping females, too. Peer pressure caused otherwise ethical men to become barbarians, and drunkenness made it easier to misbehave the way they did.

The Russian propaganda outlet “Pravda” portrayed the Soviets as victims of the Nazis, and called for revenge and reparations. It conveniently neglected to mention the atrocities they committed.

Stalin deflected blame from himself for millions and millions of Soviet deaths through the decades of his rule, by claiming he was suffering along with his people. He believed that Western capitalist cultures were a bad influence, so he demobilized the Russian Army from Germany in 1945– making them sign nondisclosure agreements. He also appeased them with a monetary bonus and (low quality) consumer goods. However, they were spied on by his intelligence service 24/7.

Stalin cast aspersions on the Jews during and after the war. One of numerous myths spread was that during the war, Jews held office jobs instead of fighting on the front lines. In 1945, Ukrainians in Kiev launched a pogrom.

The ravages of the war gave rise to adrenaline junkies with PTSD. After the war, they didn’t know what to do with themselves, and they continued to lead violent, empty lives. “Instead of aspiring to freedom, patriots would henceforth– wittingly or not– become complicit in the repression of the minorities, large-scale arrests, and a bleak and deadly dogma that had almost nothing in common with the libertarian promises that had drawn such crowds to Palace Square in the revolutionary months of 1917.”

After official histories of the war were published, Soviet censors prohibited the publishing of any additional war-related information. No one was allowed to see the archives. They were classified. Top secret.

Read the book to learn much more on the history of the Soviets’ experiences before, during and after WWII.

ENDNOTE: Speaking of non-disclosure and keeping up appearances, here’s a little ditty that describes Trump’s latest marital status.

FIRST LADY MELANIA

sung to the tune of “Ob-La-Di, Ob-La-Da” with apologies to The Beatles, their estates and to whomever else the rights may concern.

Donald had a victory in the political race.

Melania is, standing by her man.

Donald said to Melania,

“You’ll help me save face. We’ll sign an agreement to maintain the Trump brand.”

First laDY, MelAN-ia, fashion icON,

la la la la fashion icon.

First laDY, MelAN-ia, fashion icON,

la la la la fashion icon.

Donald has a radical agenda in store.

Melania, must obey her king.

She’s stiff and aloof and doesn’t care anymore.

She knows she’s not allowed to say a thing.

First laDY, MelAN-ia, fashion icON,

la la la la fashion icon.

First laDY, MelAN-ia, fashion icON,

la la la la fashion icon.

For all of their years, their marriage is a BUS-iness act.

With previous kids, their family’re reality show stars…

of Donald’s and Melania’s contracts.

Donald’s the big winner in the transactional race.

Donald lets the children lend a hand.

Melania stays at home and does her pretty face,

and at events she’s loyally standing by her man.

First laDY, MelAN-ia, fashion icON,

la la la la fashion icon.

First laDY, MelAN-ia, fashion icON,

la la la la fashion icon.

For all of their years, their marriage is a BUS-iness act.

With previous kids, their family’re reality show stars…

of Donald’s and Melania’s contracts.

Donald’s the big winner in the transactional race.

Donald lets the children lend a hand.

Melania stays at home and does her pretty face,

and at events she’s loyally standing by her man.

First laDY, MelAN-ia, fashion icON,

la la la la fashion icon.

First laDY, MelAN-ia, fashion icON,

la la la la fashion icon.

For Donald it’s FUN.

But for Melania, it’s NOT!

Merkel’s Law

The Book of the Week is “Merkel’s Law, Widsom From the Woman Who Led the Free World” by Melissa Eddy, published in 2024.

This short, sloppily edited, chronologically disorganized, redundant volume described the highlights of the decades-long (beginning at the dawn of the 1990’s) political career of Angela Merkel in Germany.

As much as the capitalist Americans scream “socialist!” at many aspects of the culture of Europeans, the latter are superior in gender equality! In approximately the last fifty years, several females have served as world leaders; Angela Merkel, Margaret Thatcher and Golda Meir among them. But the United States has yet to elect a female president.

Interestingly, East Germany had a bigger selection of daycare centers than did West Germany at the time of this book’s writing. This meant a larger percentage of eastern German women (on whom the burden still largely falls to raise children and do housework) than otherwise, could have a career if they chose. It is still a myth that women can have it all, even in industrialized countries.

Additionally, the media pestered Merkel about various issues they wouldn’t dare have raised if she had been a male. They criticized her fashion choices. They treated her public appearances as a beauty contest. But Merkel did have a unique perspective, having grown up in East Germany under the yoke of Communism. She witnessed poor talent deployment under the crushingly oppressive system. Everyone was guaranteed a job, but there was wasted talent galore.

One behavior Merkel exhibited, for which a few male politicians have become known, was delaying making decisions until the last possible moment. There might have been various time-sensitive factors at work when she finally announced she was going to run for a fourth term as chancellor of Germany, that would begin in 2017. One factor included waiting to see whether American voters elected Donald Trump for president in 2016. Another was the possible influence outgoing American president Barack Obama had on her to run again.

On the other hand, making people wait is a control-issue. There is power in keeping information to oneself. The media has to monitor when an announcement is going to be made, and keeping viewers in suspense generates ratings.

Two major crises Merkel faced during her chancellorship, for which her reactions were lambasted– consisted of the overwhelming number of Syrian refugees coming into Germany beginning in the 2010’s, and the oversight of energy sources for Germany. Regarding the latter, Merkel chose to purchase more natural gas and stopped the use of nuclear energy after Japan became a cancer cluster from radiation. Japan suffered a meltdown of its nuclear plants from an earthquake and tsunami in spring 2011.

Many Germans thought Merkel sold her soul to the Russians on the energy front. However, all world leaders must make wrenching decisions for their nations in connection with goods and services (especially energy!), environmental friendliness (or not), economics, and diplomatic relations, because all kinds of issues are all interrelated and cannot be divorced from one another.

Nevertheless, the decisions of elected public servants tend to be selfish, as they always have their eye on reelection or their legacy. In a democratic country, the one exception is when a dictatorial leader’s decisions are all selfish– if they are in their last term due to term limits and they don’t care about their legacy.

Read the book to learn about Merkel’s career trials and tribulations, her strengths and weaknesses, and her legacy.

Kissinger

The Book of the Week is “Kissinger, A Biography” by Walter Isaacson, published in 2005.

Kissinger was born in May 1923 in an eastern suburb of Nuremberg. His ancestors came from Bavaria. When he was in his teens, his family arrived in America. Toward the end of WWII, Kissinger served in the U.S. Army Counter-Intelligence division, engaging in diplomacy to de-Nazify a whole region of suburbs in Germany.

In 1951, Kissinger recruited tens of foreign-nationals and licensed-professionals for the Harvard International Seminar– a summer multi-disciplinary program featuring lectures and field trips that was later revealed to be a front for the CIA. Kissinger amassed a vast social network from the program. He had superior social-climbing skills, appealing to his betters (who were just as egotistical as he was) with flattery, but fiercely competing with colleagues of status equal to his own.

Kissinger always argued that injustice and order (a benign dictator) was preferable to justice and disorder (a revolutionary environment or anarchy) in a nation. He felt the purpose of a summit wasn’t to get a monstrously brutal leader to change his ways, but rather, to: reassure allies, get on the good side of neutral nations and show the world one’s own civility. Yet he was always listening to all sides in a debate in order to get them to agree with him.

Kissinger achieved full tenure at Harvard University in 1962. Less than a decade later, he served as a very close aide to president Richard Nixon. Just as parties are thrown to annoy those who aren’t invited, at the dawn of the 1970’s, the Nixon White House consisted of socially manipulative cliques who kept one another out of the loop of their own furtive meetings, memos and covert operations. The Nixon camp loved secrecy and tried to stop information from leaking to the press with their “plumbers.”

The president ordered that a total of seventeen secret FBI wiretaps be placed on the home telephones of high-level employees of his administration for as long as nearly two years for some, beginning in 1969. In 1973, when the media exposed this spying operation, Nixon claimed he alone authorized it. But Kissinger– a drama queen– had incited the emotional environment that led Nixon and his subordinates to commit the crimes they did.

In 1971, Kissinger participated in clandestine meetings with the Chinese government to invite trade with the United States, and change China’s mind on its claim on Taiwan. The U.S. was reducing its military presence in Vietnam, and saw that the Chinese and Soviets weren’t getting along. Thus, extending an olive branch to China was a supposedly geopolitically brilliant move on Nixon’s part.

If America got friendly with the Chinese (contradicting Nixon’s previously vicious anti-Communist stance), and negotiated arms reductions with the Soviets– America would stave off nuclear war with them, further weaken the alliance between China and the U.S.S.R., and get an economic boost.

China’s officials began the talks by requesting that the Americans tell them the issues thought to be deal-breakers. This saved a lot of time, as the Chinese considered Taiwan a minor issue and weren’t going to budge on it. They both secretly used Pakistan as an intermediate messenger. As a result, the Soviets got friendly with India. That turned into a cluster screw-up.

Kissinger could dish it out but he couldn’t take it. He became infuriated when Nixon’s aide, John Ehrlichman told him that a spy ring had been stealing documents from his office and leaking them to the press. Kissinger’s self-delusion was most cringeworthy on Vietnam. He rationalized the war’s aims, attempting to persuade ordinary Americans that the decade-long colossal human waste wasn’t the result of several alpha males’ stubborn insistence on America’s involvement (plus in Cambodia and Laos). In other words, Kissinger couldn’t admit that at least hundreds of thousands of people died for nothing.

One Bertrand Russell quote in connection therewith bears repeating:

“There is something feeble and a little contemptible about a man who cannot face the perils of life without the help of comfortable myths. Almost inevitably some part of him is aware that they are myths and that he believes them only because they are comforting. But he dare not face this thought! Moreover, since he is aware, however dimly, that his opinions are not rational, he becomes furious when they are disputed.”

There is nothing new under the sun. The media flip-flopped insofar as their stories on Kissinger brought them ratings and sold newspapers. In mid-October 1972, less than a month before Nixon’s reelection day, the New York Times and Newsweek celebrated Kissinger as he claimed to have achieved agreement on a peace treaty with North Vietnam from his confidential peace talks in Paris. He himself reveled in the glory of saving the world.

In December 1972, the seasoned propagandists turned around and labeled Kissinger a war criminal (which they should have been doing all along!) after he was found to have completely excluded the South Vietnamese leader from the agreement-announcement. Kissinger pretended to be outraged that Nguyen Van Thieu refused to sign the treaty. But the treaty’s wording hadn’t said what Van Thieu had agreed to.

Kissinger used the emotionally-charged, last-minute discord as an excuse to urge Nixon to order the resumption of America’s bombing of the North Vietnam capital Hanoi, and Nixon did. More than a thousand additional U.S. servicemen and civilians lost to history, died needlessly. Not unbelievably, given the fallibility and gullibility of human beings, in autumn 1973, Kissinger and Le Duc Tho were awarded the Nobel Peace prize.

In sum, Henry Kissinger achieved name-recognition in numerous communities of American life, in the following order: academia, presidential politics, foreign affairs, Hollywood, big business, and jet-set society.

As an aside, Donald Trump achieved name-recognition in the following, in the following order: big business (as a matter of inheritance), jet-set society, Hollywood, and then presidential politics. He hasn’t been all that competent in foreign affairs and academia, though.

Additionally, Trump bears many similarities to Nixon. Trump:

has a sidekick in Elon Musk as Nixon had a sidekick in Kissinger.
alternates between deep insecurities and megalomania.
appoints largely white alpha males in the White House (with a few white females thrown in).
was directly or indirectly responsible for sending to jail– almost every legally-troubled individual with whom he associated.
has a major goal of wreaking vengeance on his political enemies, using hush money when necessary.
claims attorney-client relationship and executive-privilege to weasel out of legal trouble.
projects the image of the outsider, and excessively exhibited mean-of-spirit, obnoxious behavior, but adjusted his image to become somewhat like the “new” Nixon in order to make a comeback.

It seems that Trump’s inauguration is going to be like the 1945 Yalta and 2024 Davos conferences. On steroids. Here’s a little song about the situation.

INAUGURATION

sung to the tune of “Revolution” with apologies to the members of The Beatles, and their estates, and whomever else the rights may concern.

Trump’s gonna have an in-au-gu-RA-tion,
well, you know,
in 2017 he insulted the world.

It’s a see-and-be-seen cel-e-BRA-tion,
well, you know,
his frat boys will rule the WO-ORLD.

And if he goes through with DE-portations,
he’d have to kick his own family OUT.

You know he used to be,
all-fight, all-fight, all fight.

He says he’s got resolutions,
well, you know,
it’s called Project 2025.

Billionaires make contributions,
well, you know,
they’re keeping Trump’s image a-LIVE.

Big tech and media have money for people
who SPREAD around hate.
For a grown-up Vance,
we’ll just have to WAIT.

And you know he used to be,
all-fight, all-fight, all-fight.

Trump gets to interpret the Consti-TU-tion,
well, you know,
he owns most of the Supreme-COURT.

It WAS a respected insti-TU-tion,
well, you know,
He’ll pardon THEM as a last resort.

He’s getting friendlier with the world’s tyrants NOW.
Don’t worry,
he’s losing his mind, anyHOW.

And you know he used to be,
all-fight, all fight, all fight,
all-fight, all fight, all fight,
all-fight, all fight, all fight,
all-fight, all FIGHT!

Anyway, read the book to learn much, much more about how Kissinger prolonged his name in history due to his self-absorbed attention whoredom; about how his dishonesty shaped America’s never-ending, extremely complex political, ideological, cultural and economic controversies over its “detente” versus “might-makes right” mentality with regard to the Soviet Union, Soviet Jewry, Israel, global trade, human rights, weapons stocks, neocons (the description of which was murky), the Portugal/Angola mess, etc.

The Trading Game

The Book of the Week is “The Trading Game, A Confession” by Gary Stevenson, published in 2024. This blogger highly encourages the reader to peruse the entire “Wall Street” and Economics categories of this blog in order to gain a better understanding of financial matters and economics.

In March 2007, the 1987-born author began working on the Fixed Income Trading Floor at the Short Term Interest Rates Trading Desk in the Foreign Exchange section of Citibank in its London branch. He had grown up in a tough, poor neighborhood in East London. He beat the odds for someone of his demographic group, considering the fierce competition in both getting accepted to a prestigious university and getting a job in currency trading.

Stevenson nurtured an aspiration to make lots of money. Fortunately, his talent and hard work in mathematics allowed him to score high on standardized exams. He attended the London School of Economics where he rubbed shoulders with mostly male, wealthy elitists whose fathers gave them a leg up in life, and whose futures were almost guaranteed to be bright. At school, when he won a game involving hypothetical securities trading, Stevenson’s life turned around. For, he won an internship which turned into a career.

After a few lucky breaks and bold moves on his part, the author was just hitting his stride in work-experience when he happened to be at the right place at the right time to earn extremely large financial gains from a triple-whammy disaster. In March of 2011, about twenty thousand people died in Japan due to an earthquake, tsunami and nuclear meltdown of three power plants. Amidst the resulting financial turmoil and previous turmoil of the 2008 worldwide financial crises, Stevenson made a percentage of the millions upon millions of dollars he earned in currency trading for Citibank.

Stevenson alone in his department had been correct in gaming the situation. Everyone else had been wrong and they lost money. Nevertheless, he was still emotionally troubled. He bore two major similarities with Alan Turing– another genius: social dysfunctionality, and indifference to how he looked and what he wore.

Stevenson was one of the proverbial three kinds of people (geniuses in the minority)– the kind who knew what was happening and made things happen. The vast majority account for the other two kinds of people– brainwashed, unwashed masses who watched what was happening, and then still wondered what happened.

In the early 2010’s, the author came to the realization that there would NEVER be economic recovery of any financially-struggling countries in the European Union while the Swiss National Bank kept interest rates at or below zero. The other traders in his department optimistically kept repeating that interest rates HAD to rise sooner or later, because they had bet wrong.

But, the tiny percentage of the super-wealthy, super-powerful people of the world sought to maintain the then-status quo, because it made THEM even richer, and the poor, poorer, as the cliche goes. The income inequality of the world would eventually result in a slave-based economy (as existed in ancient times) all over again.

Read the book to learn much more of Stevenson’s personal and professional life, and his times. As is well known, the United States is one of the major economic superpowers of the world, and its politics are part and parcel of that. Here’s a little ditty on its momentary political situation.

LET THE BEST TEAM WIN

sung to the tune of “Let the River Run” with apologies to Carly Simon, BMG Gold Songs C’est Music and Tcf Music Pub Inc.

[Spoken: We’re all on edge,
waiting for the savior,
gaping with alarm
at the immature behavior.]

Let the best team win.
Let’s all peaceFULly watch the changes.
Come the new, new Washington.

Brilliant ideas rise.
The media lies, about, and smears them.
And celebs get themselves in your face.

It’s asking for the taking,
blaming, deep-faking.
Oh, Americans are aching.
We’re all on edge,
waiting for the savior,
gaping with alarm
at the immature behavior.

Through the hate and all.
It’s who we are:
Place a trail of desire
on the White House lawn.

It’s asking for the taking.
Just hold on now.
Democratic convention will be a show
you’ve never even seen in political history.

Oh, Americans are aching.
We’re all on edge,
waiting for the savior,
gaping with alarm
at the immature behavior.

It’s asking for the taking,
blaming, deep-faking.
Oh, Americans are aching.
We’re all on edge,
waiting for the savior,
gaping with alarm
at the immature behavior.

Let the best team win.
Let’s all peaceFULly watch the changes [watch the changes]
Come the new, new Washington.