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Jack is a graduate of Rutgers University where he majored in history. His career in the life and health insurance industry involved medical risk selection and brokerage management. Retired in Florida for over two decades after many years in NJ and NY, he occasionally writes, paints, plays poker, participates in play readings and is catching up on Shakespeare, Melville and Joyce, etc.

Saturday, August 5, 2023

August 5, 2023 - Disputed Elections, Legal Defenses, Green Cheese, Polls, the Fed, and much More!

 

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Disputing Elections, Political Defenses, Legal Defenses, and Archery

Aggrieved defeated candidates for the presidency of the United States of America have not always given in easily, but until now, always have ultimately respected the rules of law concerning election to that office, as meticulously laid out in Article Two of the Constitution and subsequent legislation, reflected in our laws.  

Andrew Jackson (later our seventh president) disputed his defeat by JohnQuincy Adams in 1824, Samuel Tilden disputed his defeat by  Rutherford B. Hayes in in 1876, and Al Gore disputed his defeat by George W. Bush in 2000, but all of them ultimately followed the Constitution’s rules of law.

It took a Supreme Court Decision to end Al Gore's 2000 dispute over
 that year's presidential election, which turned on the issue of
problems in Florida.

Only our forty-fifth president, defeated for re-election in 2020, has defied those rules and in effect, ignored and attacked the Constitution. (Read its Article Two, Section One, Clauses Two and Three.)

I won’t burden you with commentary on the details of the latest indictment of the defeated former president for his acts.  Read about it everywhere and anywhere. 

But I do hear him and his supporters screaming about how unjust it all is and how terrible those indicting him are.  I accept the fact that such bellowing is merely a political defense offered because there is no legal defense remaining for the forty-fifth president.  It might serve him well in raising money to pay his lawyers, some of whom appear to be ending up as his co-conspirators, but that will have no weight in a trial.  (The courts may shortly act in curtailing such ‘bellowing’ as a condition of his remaining out of their custody, once indicted.)

Any sane defendant would seek to cut a deal at this point, rather than face conviction and possible imprisonment, but sanity is not one of this defendant’s virtues.  George III, at whom the Declaration of Independence was directed, was said to be similarly impaired.

George III, known to some as the
 'Mad King,' and they didn't mean 'angry/'

He faces prosecution in Federal cases in Florida and D.C. courtrooms, as well as in State courtrooms in New York and Georgia. That’s a lot of prosecutorial arrows aimed at him that he is trying to divert or delay.  At least one is sure to hit its target squarely at its center.

JL

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Green Cheese

A restauranteur can truly and honestly believe that the moon is made of green cheese, put it on his menu, attest to its fine taste in interviews, and get away with it. But once he attempts to serve what he claims to be lunar green cheese to his customers, he is perpetrating fraud.

 

‘Houston, Tell the lawyer that we’ve looked all over the place and there’s no damn green cheese anywhere up here.’

JL

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Look at Polls with Great Care

I don’ t give very much credence to the latest NYTimes/Siena poll reporting Joe Biden and the indicted former president in a dead heat for the presidency in 2024.  Check out ‘Hopium Chronicles,’ a very authoritative blog published by Simon Rosenberg, a longtime Democratic political strategist who, incidentally, was one of the few who accurately predicted the absence of a ‘red wave’ in the 2020 elections.  Here is an excerpt.

“Yes, the NYT dropped a new national poll today showing the election even, 43-43. But a reminder that in that other large sample, independent polls conducted in July, Biden has opened up a small lead:

July Polling - Biden-Trump 

·        Monmouth 47-40

·        Quinnipiac 49-44

·        YouGov/Yahoo 47-43

·        Morning Consult 44-41 (new this week, Biden gained a point)

·        YouGov/Economist 44-40 (Biden has been gaining this weekly track)

·        Ipsos/Reuters 37-35

So outside the NYTimes, Biden is leading by an average of 4 points in recent independent polls. A late June high-quality NBC News poll had Biden up 4, and a new AARP poll of battleground House districts also has Biden up 4.

So, my guess is that Biden is ahead right now, by 2-3-4 points. But it is really early, and we have a long way to go in this race and a lot of work to do. Is it likely that Trump keeps taking on water, and degrades over time? Yes. Is it likely that once Biden turns his campaign on for real and starts talking to voters about how much better things are today his standing improves? Yes. So I am okay with these numbers for now? Yes. I am very comfortable with all the polling we’ve seen in July. As we head into 2024, I would much rather be us than them right now. Our path to victory is much clearer than theirs, something we discuss in my new political briefing released last week.

All of this is a reminder that over the next 15 months, we cannot allow a single poll to drive our understanding of the election. We simply cannot fall into bad habits again peeps. See this post which talks about how to approach and interpret polls this early in the cycle and over the course of the election. Always start by looking at the averages and trends, and aggressively discount or dismiss partisan polls.”

JL

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Putting My Economic Hat On

The Federal Reserve Bank’s recent prime rate increase of only a quarter of a percentage point of interest on the money they lend to banks, the smallest increase since March, was testimony to their success in using that approach to reduce inflation.  Banks use this money to  provide mortgages and automobile loans, as well as providing financing for business growth.

This will slightly reduce the demand for such loans, as well as the commercial and personal activity for which they pay. Reducing demand reduces inflation and continues to lower the temperature in an overheated economy.  The Fed does this in an extremely fine-tuned manner, limiting rate increases sufficiently to affect demand-driven inflation but avoiding other damage to the economy.

Personal savings should increase, which is good, while  unemployment, currently low, might be only minimally increased.  This pattern of interest rate increases by the Fed has thus far been successful in both reducing inflation while still providing funds to grow our economy. Of course, this is NOT a good time for refinancing mortgages or getting home equity loans.

JL

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Nostalgia Quiz #5

Match these States (no fair to look them up) with their capital cities.

a.   Maine                           1.  Salem

b.   Washington                2.  Frankfort

c.   Oregon                        3.  Olympia

d.   Kentucky                     4.  Charleston

e.   West Virginia              5.   Augusta

 

 

The answers to Quiz #4 are as follows: 

1.    Norman Mailer – The Naked and the Dead,

2.    Philip Roth – American Pastoral,

3.    Toni Morrison – Beloved,

4.    William Faulkner – The Sound and the Fury.

 

JL

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South Florida Gasoline Price Formula:

The price of gasoline on east-west roadways in Florida is directly proportional to the station’s proximity to the Florida Turnpike.  Driving a quarter of a mile can save you dollars.

JL

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If the Facts are Not on Your Side, Lie!

How dare the Republicans attempt to tie Hunter Biden’s legal problems to his father! 

There is no evidence of any such connection, just unproven insinuations. Republican publicists, whose stock in trade are lies acceptable only within the alternate reality in which their party’s adherents dwell, expect them to believe anything.  Most do.  And that is more to be pitied than scorned.

Hunter’s problems with the IRS are dwarfed by those of prominent Republicans such as Paul Manafort and Roger Stone, both found guilty in court and pardoned by President Biden’s predecessor.  And they are in no way in the same league as the indicted former president's playing games with our national security. 

As for Hunter’s Ukrainian business connections, there is no evidence that President Biden had any role whatsoever in them.  And nothing in President Biden’s family matches the financial dealings of the forty-fifth president’s financially stressed son-in-law, Jared, who had no problem dealing with the same Saudis who murdered and dismembered Jamal Khashoggi, with whose journalist work for the Washington Post they disagreed.

JL

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 Housekeeping on Jackspotpourri

Email Alerts:  If you are NOT receiving emails from me alerting you each time there is a new posting on Jackspotpourri, just send me your email address and we’ll see that you do.  And if you are forwarding a posting to someone, you might suggest that they do the same, so they will be similarly alerted. You can pass those email addresses to me by email at jacklippman18@gmail.com.  

Forwarding Postings: Please forward this posting to anyone you think might ben  efit from reading it. Friends, relatives, enemies, etc.

If you want to send someone the blog, exactly as you are now seeing it, with all of its bells and whistles, you can just tell folks to check it out by visiting https://jackspotpourri.blogspot.com or by providing a link to that address in your email to them.   I think this is the best method of forwarding Jackspotpourri.

There’s another, perhaps easier, method of forwarding it though!   Google Blogspot, the platform on which Jackspotpourri is prepared, makes that possible.  If you click on the tiny envelope with the arrow at the bottom of every posting, you will have the opportunity to list up to ten email addresses to which that blog posting will be forwarded, along with a comment from you.  Each will receive a link to the textual portion only of the blog that you now are reading, but without the illustrations, colors, variations in typography, or the 'sidebar' features such as access to the blog's archives.

Either way will work, sending them the link to https://jackspotpourri.blogspot.com, or clicking on the envelope at the bottom of this posting, but I recommend sending them the link. 

Again, I urge you to forward this posting to anyone you think might benefit from reading it.

JL

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