Author: A.T.

I remember Institutional Investor when it was a magazine. 

With things like a “cover.”  And “paper.”

Its founder, Gil Kaplan, made so much money from it — and loved Mahler’s Second Symphony so much — that . . . well, it’s such a good story, read it yourself.  I was lucky enough to be in the audience myself that night.  He had filled the entire hall with friends and colleagues, with a fancy dinner following, all on his own dime.

But I digress.

Today’s Institutional Investor is all-digital, but if this piece is any indication, the quality of the writing remains undiminished.

It’s about a bit more than investment strategy, as you’ll see.

This is old, so you may have seen it.  But it’s great:

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How would you translate what Donald Trump really means when he says certain words or phrases?

Ross Cohen
B.A. in History and Political Science

I’ve cracked his code and am happy to share it with you.

This should save you time because he repeats from a fairly limited set of code words:

Nobody knew / People don’t realize / People don’t know

“I just learned this thing everyone already knows”

Ex:“Nobody knew that healthcare could be so complicated.”
Ex:“People don’t know this about Iraq, but they have among the largest oil reserves in the world.”
Ex:“Abraham Lincoln…most people don’t even know he was a Republican.”

Believe me

“You shouldn’t believe me”

“I don’t have a real argument to back this up”

Ex: “I know more about ISIS than the generals do. Believe me.”
Ex: “We are going to get rid of the criminals, and it’s going to happen within one hour after I take office.… Believe me.”
Ex: “And believe me, my temperament is very good, very calm.”
Ex: “And believe me, I’ll win that case [regarding Trump University]. That’s an easy case.” (had to pay $25 million)
Ex: “And I was always against going into Iraq. In fact, I — believe me, I was always against it.” (false)

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And that’s just the first two — there are more than 50, plus 31 footnotes.

Have fun.

I can’t imagine Trump will be the nominee, but thanks largely to him we live in crazy times, so who knows?

I also doubt it will be Chris Christie, given what the once-Grand Old Party has come to, and Trump’s still-enormous support among primary voters.

We should remind those who believe it’s a witch hunt:

Witch hunt is not one of the Trump terms “translated” above, but when Trump says “witch hunt,” read: “Oh, my God, I am totally, ridiculously guilty — but who cares?  I could walk down Fifth Avenue shooting people and you’d still be with me, because you love me and I won by a landslide.  Biggest Inaugural crowd in history.  Covfefe.”

Have a great week.

And, oh boy:  THESE five minutes from Adam Schiff.

(Below: yesterday’s post, if you missed it.)

Adam Schiff: six minutes.  Free.  A speech for the ages.

Wow.

Marie Brenner’s latest.  The rise of anti-Semitism in America that reads like a movie.

Eight bucks for a year of Vanity Fair plus a tote bag.

You don’t have to be Jewish to love Levy’s — right? — or to be concerned by the rise of fascism in America.

Click here in case you can help.

Adam Schiff: six minutes.  Free.  A speech for the ages.

Wow.

Marie Brenner’s latest.  The rise of anti-Semitism in America that reads like a movie.

Eight bucks for a year of Vanity Fair plus a tote bag.

You don’t have to be Jewish to love Levy’s — right? — or to be concerned by the rise of fascism in America.

Click here in case you can help.

Sorry — I’ve been off fundraising.

Not for the Amazon Conservation Team, though it’s one of my favorites, but — surprise, surprise — to help fund the huge blue wave we need to save democracy.

Have you seen Leopoldstadt?

I think we’re someplace between Act III and Act IV — but with the opportunity to give it a HAPPY ending.

Certainly, their candidate won’t win the POPULAR vote.

They’ve only done that ONCE in the last eight elections (yet control two-thirds of the Court).

We’ll win because WOMEN will turn out; MEN who love women will turn out; MEN who have daughters will turn out; MEN who don’t want to wear condoms will turn out; YOUNG PEOPLE who care about climate and gun safety will turn out; LGBT people will turn out; WORKERS who’d like a higher-than-$7.25 minimum wage will turn out; DIABETICS under 65 who’d like $35 insulin will turn out; JEWISH voters and VOTERS OF COLOR who don’t share the G.O.P.’s increasingly white Christian nationalist vision for America – who don’t think there WERE “some very fine people on both sides” in Charlottesville – will turn out; Ukrainian Americans will turn out; and THOSE WHO THINK DEMOCRACY AND THE PEACEFUL TRANSFER OF POWER ARE WORTH PRESERVING will turn out.

Yet facilitating all that, and – insofar as possible – fending off the voter suppression tactics and dirty tricks we always face, takes our help.

(Click here, in case you can.)

Ultimately, the solution to our country’s toxic polarization is a combination of open primaries, ranked-choice voting, and easy voting-by-mail.  Candidates will no longer be able to win their party’s nomination by appealing to the most ardent on the right or left.  Instead, they’ll have to appeal, also, to the broad, often-more-sensible center. Over time, compromise and comity could once again become the norm.

Getting there  . . . and depoliticizing the Court and so much else . . . can only happen if we fund that huge blue wave.

To those who wish Joe were younger, I’m with you.  I wish — and I assume he wishes — he were younger.  But in re-electing him, we retain not only his decency and depth of experience, but also his 1,200 young appointees who, under his guidance, have been doing a terrific job.

Yes, he tripped over a badly-placed sandbag after giving a great speech at the Air Force Academy.  Giant national news.  But he also got the bi-partisan CHIPS Act passed; got the bi-partisan infrastructure bill, with its huge climate component, passed; restored dignity to the office of the presidency; reinvigorated our global alliances; averted a depression – stuff like that

Oh, and guess what!  SUMMER begins today!!!

Here’s wishing you, whatever your political leanings, a great one.

Really.  The Republican-controlled Iowa legislature voted overwhelmingly to protect it.  (To their credit, six Republicans did defect.)

Behold.

(And keep your eye on Rob Sand.  The kind of young Democrat who likely has “a future.”)

Even though he died way too young, at 62, in 1996, astronomer and humanist Carl Sagan saw Trump coming:

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One of the saddest lessons of history is this:

If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken.

Once you give a charlatan power over you, you almost never get it back.

– The Demon-Haunted World

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As quoted in Matt Ball’s Losing My Religions.

DINNER!

Are you LGBT or a straight ally?  Want to help put our annual dinner over the top?  Perhaps even come?

We’ve made so much progress since we began doing these dinners 24 years ago.  At the first, some of our donors only agreed to come if there were no name tags.  Today, the big issue isn’t “gays in the military” or “marriage” — 71% of the country favors marriage equality — it’s whether our democracy will survive.

“It is impossible to exaggerate what a dangerous moment this is for our country.“

Worth sharing widely.

[Second Quarterly Estimated Tax Due Today]

I’m twelve at heart but have been writing these posts for 27 years so — do the math — I must be at least 45 and am thus as interested in “longevity” as anyone else my age who just returned from his 55th college reunion.

Not that I’m as nuts, or as rich, as this guy (he sold out to eBay in 2013 for $800 million):

A proven way to reverse your mental aging is BrainHQ.  Long-time readers know I own a tiny slice; that just a few hours of the exercises have been shown to reduce the onset of dementia; that the basic exercises are free; and that a premium membership makes the perfect Father’s Day gift.

Speaking of that 55th reunion, one of my distinguished classmates, Marshall Goldberg, took the liberty of adapting Leonard Cohen’s iconic song for the occasion.

Each of the six stanzas was very funny, and a little poignant, but the one I liked best, and got his permission to post:

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You’re chairman of your country club

Your picture’s hanging in the pub

Someone who wants to join once tried to screw ya

The day his application’s heard

They come to you for the final word

You smile, and whisper Hallelujah

Hallelujah, Hallelujah

Hallelujah, Hallelujah

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Have a great day.

[UPDATE: The bridge collapse on I-95, referenced yesterday, was an accident.  Even so, Thom Hartmann’s perspective remains a must-read.]

UPDATE: That bridge collapse on I-95 was almost surely an accident.

EVEN SO, Thom Hartmann offers a sobering perspective.

BONUS #1

A neuroscientist explains why certain Americans will never quit Trump no matter what the ex-president does. 

It’s like he could walk down Fifth Avenue shooting people and they wouldn’t care.

(Read Thom Hartmann, above.)

BONUS #2

How to Force Judge Aileen Cannon Off the Trump Case.

The Supreme Court has no code of ethics (clearly), but lower courts do.

Maureen Dowd is just so good about the indictment and the boxes.

Truly, Peter Baker argues, Trump’s Case Puts the Justice System on Trial.

(Actually, it’s Trump’s cases, not “case.” He faces at least 536 years in prison.)

Lawrence Tribe hopes that even Trump’s favorite Florida judge will do the right thing when she reads the indictment.

As for the “what-about-ism” that Trump and so many elected Republicans instantly invoked, someone named Emery writes:

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Before any right wingers start up with their “but other people had documents” nonsense, allow me to point out the distinctions:

Pence: “I have classified documents. My bad! The FBI can come and get them.”

Biden: “I have classified documents. My bad! The FBI can come and get them.”

Trump: “I don’t have any documents at all, and I never did, except for the ones that I do, which I don’t. And what I have is my property, so the DOJ committed a crime by taking them back, even though I didn’t have them. I’m the victim here, because now they’re telling everyone what I had, even though I didn’t. And keeping classified and top secret documents isn’t illegal, even if it’s against the law. I didn’t do all of the things I did.”

So, the situations aren’t identical.

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If the once-Grand Old Party holds debates, it will be interesting to see how Trump fares against Chris Christie.

Bill Press:

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Chris Christie: The born-again anti-Trumper

First, he was 100 percent anti-Trump. Then, he was 100 percent pro-Trump. Now, he’s 100 percent anti-Trump again.

I’ll be honest. I don’t know what to think about Chris Christie. There’s so much about him not to like. Where to begin?

His record as governor of New Jersey was one disaster after another. He attacked teachers and state government employees for wasting taxpayer dollars, but was then spotted using a state helicopter to fly to his son’s baseball game. He closed all state beaches as part of a government shutdown, but was then caught basking on the beach with friends and family.

And then in 2013 there was “Bridgegate,” where – without his knowledge, Christie insisted – his administration caused transportation chaos by shutting two out of three lanes during rush hour on the George Washington Bridge because the Mayor of Ft. Lee refused to endorse Christie for re-election. He left office with a 15 percent approval rating, the lowest for any New Jersey governor in history.

But, by that time, Christie had enough national notoriety that he joined 16 other candidates jumping into the 2016 GOP presidential primary – where he became Trump’s loudest critic, denouncing him as a “carnival barker” whose nomination would automatically hand the presidency to Hillary Clinton – before dropping out of the race himself the day after the New Hampshire primary.

On Super Tuesday, Christie flipped. He became the first former primary opponent to endorse Trump, raising eyebrows by standing alongside Trump at Mar-a-Lago and asserting “There is no one who is better prepared to provide America with the strong leadership that it needs, both at home and around the world, than Donald Trump.”

As top adviser to the Trump campaign, Christie crisscrossed the country for Trump, coached him for his debates with Hillary Clinton, and stood behind him on election night like a little puppy dog, only to be dealt with a string of indignities. Trump named him head of his transition team, but then fired him. Christie sought the job of attorney general, Trump gave it to Jeff Sessions, instead.

Still, Christie stuck with Trump. He agreed to lead Trump’s task force on opioids. He was one of the first to endorse Trump for re-election. He again led that year’s presidential debates prep. He even remained loyal after being hospitalized with a serious case of Covid he caught at the White House and Trump called Christie, not to wish him well, but to ask: “Are you going to say you got it from me?” Christie never did.

But, almost overnight, that loyal suck-up is now Trump’s number one Republican critic. And with a vengeance. Announcing his second run for president this week, Christie pulled no punches. He wasn’t running to win, he said. “I’m going to be very clear – I’m going out there to take out Donald Trump.”

Why? Because, Christie said, “A lonely, self-consumer, self-serving mirror hog is not a leader.” And how would Trump, whom Christie calls a “Puppet of Putin,” deliver on his pledge to end the war in Ukraine on Day One? “Let me tell you how he would,” Christie told a crowd of supporters in New Hampshire. “He’d give Ukraine to Russia. He’d call Zelensky and say, ‘Hey, guess what? Time to raise the Russian flag up on the pole. We’re out of here.'”

Nobody says it better. Certainly, none of the other declared candidates, most of whom are even afraid to utter Trump’s name. The only question is: Can we trust a man who’s flipped, flopped, and flipped again? And the answer is: No!

But, even if we don’t trust him, we must admit that Chris Christie is telling the truth. Chris Christie’s right when he says that Donald Trump’s unfit to be president and the very fact that he’s being seriously considered for a second term is a national embarrassment. And he’s right when he argues you can never beat Donald Trump without taking him on directly – a role he’s willing to take on, even if nobody else has the guts to do so.

Granted, Christie has no chance of winning the GOP nomination. Like the rest of the GOP field, he’s counting on Donald Trump to go to jail or have a heart attack. But it’s good having him in the race, if for no other reason than he’s willing to go where no other Republican candidate is willing to go.

Yes, he’s a flawed candidate – aren’t they all? – but if I were a GOP primary voter, I’d vote for Chris Christie.

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Credit: Tribune Content Agency

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