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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.

Thursday, January 25, 2024

January 25, 2024 - Letter From Israel, Insurance Advertising, Hacking, Biden's Accomplishments, How 'Bad Guys' Get Elected, and Trust in Democracy.

Letter From Israel and a Bit More

Image that accompanied
the New Yorker article.

Far too lengthy to include on Jackspotpourri is the ‘Letter from Israel’ by David Remnick, New Yorker magazine editor, who has made several visits to Israel since the Hamas attack in October.  He writes about whether Benjamin Netanyahu puts his own interests above that of the State of Israel, and even recalls the Revisionist Zionism of Zev Jabotinsky, in which Bibi’s father believed and is strongly reflected in Bibi’s present Knesset coalition that wants nothing to do with a two-state solution.

Sit down and devote at least half an hour to reading it and learn what difficult decisions Israel really faces today.  Copy and paste https://www.newyorker.com/magazine/letter-from-israel on your browser line to read the piece from the Jan. 22, 2024 issue of the magazine or just CLICK HERE. 

And this might be an appropriate time to mention that my ‘two-state’ solution recommended in the previous posting of Jackspotpourri resulted in only one person asking to be taken off my list of those receiving alerts of fresh postings. 

JL

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Insurance Advertising

The property and casualty insurance industry, businesses that collect money, invest, or lend it, making a profit, and end up paying out more than operating expenses and agents’ commissions ONLY when their ‘policyholders’ submit property damage or automobile claims (which for most of them is ‘never’) is part of our nation’s conservative financial structure.

They seem to be ashamed of that, however, because much of their advertising tries to make them appear to be anything other than ‘conservative.’  Just look at their names. What images do ‘Progressive’ and ‘Liberty’ bring to mind?  And one company (GEICO) is even named after those who hold civil service jobs, working class people employed by the government.  This is the antithesis of being ‘conservative.’

The one that takes the cake, however, is a very American insurer that appears to be named after the collectivization of all agriculture in Russia instituted by the Bolsheviks after they overthrew the Tsar in 1918, replacing individual enterprises with 'State Farms.’  That name also has been applied to agricultural activities at what were once called ‘poorhouses,’ orphanages, and prisons run by government agencies. That explanation of its origin appears to be more ‘conservative’ than the Russian one.

JL

 

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Unavoidable Assholes Among Us

Someone to whom I send emails occasionally has let me know that she is getting some emails that look like they’re from me, but obviously are not.

When you get email, phone calls or text messages from sources that you don't recognize, you risk being 'hacked,' if you respond to them.  I usually ignore such communications.  Occasionally though, I might answer a phone call from my own area code that I suspect is from a neighbor who is not in my 'contact' list.  (I never click on any links in a suspicious email or text message.) 

I recently ordered a printer cartridge online directly from the manufacturer of my printer, using its website.  Within a day or so, I started receiving obviously amateurish texts directing me to click on a link to clarify my address with the sender who was pretending to be with the USPS.  I ignored them, of course, and there was no problem with the delivery of the cartridge.  My conclusion is that someone 'hacked' my order.  I don't know how I could have avoided this problem.

It is difficult not to be 'hacked' occasionally with your phone number or email address falling into the hands of a robot.  Despite the virus protection systems we pay for, and a reasonably cautious approach to communications, such ‘hacking’ is close to unavoidable, particularly when an attachment or an image is involved or an email is sent to many recipients.  Just be careful.  There are many ‘A.H.’s out there, and not all are robots.

JL

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Some Folks Just Won't Give Joe Credit for Anything

The daily postings of Professor Heather Cox Richardson (Letters from an American) are always worthwhile reading.  I recommend that you sign up for them at https://heathercoxrichardson.substack.com/.  They are free, unless you choose to make comments, in which case monthly membership is available.  

HCR’s January 19, 2024, posting is particularly noteworthy, and well worth passing on to your friends and relatives.  While praising President Biden and his administration, it also warns of dangers to our representative democracy posed by those who oppose it.  In its entirety, here is HCR’s posting (the highlighting is mine):

‘President Joe Biden today signed the continuing resolution that will keep the government operating into March.

Meanwhile, the stock market roared as two of the three major indexes hit new record highs. The S&P 500, which measures the value of 500 of the largest companies in the country, and the Dow Jones Industrial Average, which does the same for 30 companies considered to be industry leaders, both rose to all-time highs. The third major index, the Nasdaq Composite, which is weighted toward technology stocks, did not hit a record high, although its 1.7% jump was higher than that of the S&P 500 (1.2%) or the Dow (1.1%).

Investors appear to be buoyed by the fact the rate of inflation has come down in the U.S. and by news that consumers are feeling better about the economy. A report out today by Goldman Sachs Economics Research noted that consumer spending is strong and predicted that “job gains, positive real wage growth, will lead to around 3% real disposable income growth” and that “household balance sheets have strengthened.” It also noted that “[t]he US has led the way on disinflation,” and it predicted further drops in 2024. That will likely mean the sort of interest rate cuts the stock market likes. 

The economic policies of the Biden-Harris administration have also benefited workers. The unemployment rate has been under 4% for more than two years, and wages have risen higher than inflation in that same period. Production is up as well, to 4.9% in the third quarter of 2023 (the U.S. growth rate under Trump even before the pandemic was 2.5%). 

The administration has worked to end some of the most obvious financial inequities in the U.S., such as the unexpected “junk fees” tacked on to airline or concert tickets, or to car or apartment rentals. On Wednesday the Consumer Financial Protection Bureau announced a proposed rule for bank overdraft fees at banks that have more than $10 billion in assets. 

While banks now can charge what they wish if a customer’s balance falls below zero, the proposed rule would allow them to charge no more than what it cost them to break even on providing overdraft services or, alternatively, an industry-wide fee that reflects the amount it costs to deal with overdrafts: $3, $6, $7, or $14. The amount will be established after a public hearing period.

Ken Sweet and Cora Lewis of the Associated Press note that while the average overdraft is $26.61, some banks charge as much as $39 per overdraft. The CFPB estimates that in the past 20 years, banks have collected more than $280 billion in overdraft fees. (One bank’s chief executive officer named his boat “Overdraft.”) Over the past two years, pressure has made banks cut back on their fees and they now take in about $8 billion a year from those overdraft fees. 

Bankers say regulation is unnecessary and will force them to end the overdraft service, pushing people out of the banking system. Biden said that the rule would save U.S. families $3.5 billion annually. 

The administration has also addressed the student loan crisis by reexamining the loan histories of student borrowers. An NPR investigation led by Cory Turner revealed that banks mismanaged loans, denying borrowers the terms under which they had signed on to them. Rather than honoring the government’s promise that so long as a borrower paid what the government thought was reasonable on a loan for 20 or 25 years (undergrad or graduate), the debt would be forgiven, banks urged borrowers to put the loan into “forbearance,” under which payments paused but the debt continued to accrue interest, making the amount balloon. 

The Education Department has been reexamining all those old loans to find this sort of mismanagement as well as other problems, like borrowers not getting credit for payments to count toward their 20 years of payments, or borrowers who chose public service not receiving the debt relief they were promised.

Today the administration announced $4.9 billion of student debt cancellation for almost 74,000 borrowers. That brings the total of borrowers whose debt has been canceled to 3.7 million Americans, with an erasure of $136.6 billion. Nearly 30,000 of today’s relieved borrowers had been in repayment for at least 20 years but never got the relief they should have; nearly 44,000 had earned debt forgiveness after 10 years of public service as teachers, nurses, and firefighters.

Biden has been traveling the country recently, touting how the economic policies of the Biden-Harris administration have benefited ordinary Americans. In Emmaus, Pennsylvania, last Friday he visited a bicycle shop, a running shoe store, and a coffee shop to emphasize how small businesses are booming under his administration: in the three years since he took office, there have been 16 million applications to start new businesses, the highest number on record.

Biden was in Raleigh, North Carolina, yesterday to announce another $82 million in support for broadband access, bringing the total of government infrastructure funding in North Carolina during the Biden administration to $3 billion.  

On social media, the administration compared its investments in the American people to those of President Franklin Delano Roosevelt’s New Deal in the 1930s, which were enormously popular. 

They were popular, that is, until those opposed to business regulation convinced white voters that the government’s protection of civil rights, which came along with its protection of ordinary Americans through regulation of business, provision of a basic social safety net, and promotion of infrastructure, meant redistribution of white tax dollars to undeserving Black people.

The same effort to make sure that ordinary Americans don’t work together to restore basic fairness in the economy and rights in society is visible now in the attempt to attribute a recent Boeing airplane malfunction, in which a door panel blew off mid-flight, to diversity, equity, and inclusion (DEI) efforts. Tesnim Zekeria at Popular Information yesterday chronicled how that accusation spread across the right-wing ecosystem and onto the Fox News Channel, where Fox Business host Sean Duffy warned: “This is a dangerous business when you’re focused on DEI and maybe less focused on engineering and safety.” 

As Zekeria explains, “this narrative has no basis in fact.” Neither Boeing nor its supplier, Spirit AeroSystems, is particularly diverse, either at the workforce level, where minorities make up 35% of Boeing employees and 26% of those at Spirit AeroSystems, or on the corporate ladder, where the overwhelming majority of executives are white men. Zekeria notes that right-wing media figures have also erroneously blamed last year’s train derailment in Ohio and the collapse of the Silicon Valley Bank on DEI initiatives.

The real culprit at Boeing, Zekeria suggests, was the weakened regulations on Boeing and Spirit thanks to more than $65 million in lobbying efforts.

Perhaps an even more transparent attempt to keep ordinary Americans from working together is the attacks former Fox News Channel personality Tucker Carlson has launched against Vice President Kamala Harris, calling her “a member of the new master race” who “must be shown maximum respect at all times, no matter what she says or does.” Philip Bump of the Washington Post noted yesterday that this construction suggests that Harris, who identifies as both Black and Indian, represents all nonwhite Americans as a united force opposed to white Americans. 

But Harris’s actions actually represent something else altogether. She has crossed the country since June 2022, when the Supreme Court overturned the 1973 Roe v. Wade decision that recognized the constitutional right to abortion, talking about the right of all Americans to bodily autonomy. That the Supreme Court felt able to take away a constitutional right has worried many Americans about what they might do next, and people all over the country have been coming together in opposition to the small minority that appears to have taken over the levers of our democracy. 

Driving the wedge of racism into that majority coalition seems to be a desperate attempt to stop ordinary Americans from taking back control of the country.’  

JL                                          

 

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Dammit! They Were Legitimately Elected!  

And before we leave Professor HCR for the day, her January 22 posting led me to post this comment on ‘Letters from an American.’

‘HCR quotes President Biden, who in referring to women's reproductive rights, used the words 'Because of Republican elected officials.' Those five words are the key to most of the problems challenging America today.

American voters, for a variety of reasons, continue to elect enough Republicans, especially on the State level, whose agendas are rarely in their interests, throwing sand into the gears of our government. That's how we end up with the DeSantis's, the Tubervilles, the Gaetz's, the Roys, the Jordans, the Abbotts, etc. in public office, our defeated and indicted former president, likely to run again, being the best example of all. 

History will not reflect kindly on the way the misuse of our representative democracy resulted in this happening. Although it's the best system that has come along in many centuries, it continues to be hampered by its Achilles Heel, which we must not ignore.’

JL                                          

 

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Voting by Mail

Florida voters have gotten used to voting by mail.  It’s safe and simple.  But just because you might have done it in the past does not mean you can automatically continue to do so.  Current State election laws require you to renew your ‘voting by mail’ status before the next election in order to receive a ‘vote by mail’ ballot.  

If you vote in Palm Beach County, do it right now by visiting https://www.votepalmbeach.gov/Voters/Vote-By-Mail or by clicking here   For those who do not want do it online, they can sign up for vote-by-mail by calling (561) 656 6208.  In other Florida counties, visit the website of your Supervisor of Elections or call them. 

JL                                          

 

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Do Americans Still Trust Democracy?

There are plenty of reasons NOT to vote for Donald Trump for any office whatsoever, let alone a return to the White House. Here’s a brief summary:

·        He committed massive, decades-long financial fraud, proven in New York’s civil courts which also, in another case, labeled him to be a ‘rapist.’

·        He incited an insurrection attacking the US Capitol and tried to end American democracy, acts which have resulted in Federal and State indictments for attempting to change the results of a presidential election.

·        He stole America's secrets, lied to the FBI, shared them with others and betrayed the country, resulting in a Federal indictment.

·        He and his family have taken billions from foreign governments, while in office, a violation of the Constitution’s ‘emoluments’ provision.

·        He ended Roe v Wade, severely limiting women’s reproductive rights with three right-wing anti-abortion SCOTUS appointments, justices who also close their eyes to the deaths resulting from the senseless proliferation of guns in our communities.

·        He has pardoned convicted criminals whose crimes were connected to his presidency.

 

Why then would anyone even think of voting for him?  Well, Martin Gurri, right-wing scholar, quoted on Wednesday in Bari Weiss’ ‘Free Press’ blog, seems to think that many Americans, even aware of the litany of offenses listed above, have lost faith in our democratic process that gave us Donald Trump and despite them, and are willing to turn to him again.  Gurri, who apparently believes that America’s elite has given up on the nation’s voters recognizing Trump’s massive flaws, wrote:

 

“Trump appears to act as a sort of funhouse mirror on which the progressive elites who run most institutions, including the federal government, see themselves reflected in the most monstrous and frightening light, … The malady now exposed is this: the elites have lost faith in representative democracy. To smash the nightmare image of themselves that Trump evokes, they are willing to twist and force our system until it breaks.” 

 I strongly disagree with Gurri who sees authoritarianism by Democrats where there is none.  The ‘Executive Branch’ is only doing what it is supposed to do: carry out the laws passed by the ‘Legislative Branch.’

The significant percentage of registered Republicans who voted for Nikki Haley in the New Hampshire G.O.P. primary, while a distinct minority, were saying ‘no’ to Trump’s candidacy and may be reluctant to even vote in November.  Except for Haley (and probably Chris Christie) most of the would-be Republican alternatives to him are now dutifully, hypocritically, and shamelessly, falling in line behind him, willing to trade in traditional Republican conservatism for a 'fuhrer.'

Republicans who decide to stay home on Election Day, together with the nation’s Democratic and independent voters, will lead President Biden to re-election in November, but it will not be easy.  Some ‘elites’ may have given up on democracy, as Gurri suggests, but I don’t think the country is willing to trade it in for authoritarianism.  Answering my own question, Do Americans Still Trust Democracy?’  I say ‘yes.’

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 benefit 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 are now 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, particularly if they are a registered voter.

JL

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