Will Trump Crash the Farm Economy?

Many people don’t even know these scandals exist — they generally don’t lead in Sean Hannity’s or Tucker Carlson’s world.

.. One smaller manufacturer — a Trump voter — told me that his costs to produce his product nearly doubled overnight, and that his business has already been hurt by the tariffs. Prices didn’t rise only after the tariffs were announced; they started rising when Mr. Trump floated the idea.

.. Senator Joni Ernst and Iowa’s agriculture secretary, Mike Naig, both say the tariffs will hurt Iowans, and Mr. Naig says we need to expand markets, not shrink them. Senator Chuck Grassley said something similar, on Fox News: “Tariffs do not put America first — low barriers and expanded access do.”

.. China has already responded with its own tariff on pork, which will have a dire impact on Iowa. Iowa is the nation’s largest pork producer, producing three times as much pork as the next-highest state.

.. with commodity prices down and the tariffs imposed, approximately 10 percent of our farmers probably won’t make it this year, and 10 percent more will likely fail next year. They also shared the news that in Iowa, larger agribusinesses are buying up smaller farms that are in financial trouble, and that people are starting to make comparisons to the farm crisis of the 1980s, when approximately 10,000 Iowa farmers lost their farms.

.. Even Representative Steve King, the avid Trump supporter and Iowan every liberal loves to hate, is worried about a new farm crisis.

.. Dairy farmers are particularly hard hit, suffering through four years of declining prices. It’s gotten so bad, dairy farming organizations are giving out suicide hotline numbers, as farmers are committing suicide in the hope that their insurance will save the family farm.

.. “It gives Democrats a generational opportunity to do the political work with farmers they haven’t done since the 1980s farm crisis,”

.. “Democrats do farm policy really well but are terrible at farm politics. Republicans do farm politics really well but have a history of doing terrible farm policy.”

.. With the multiple scandals, rampant corruption and the Mueller investigation, the only thing keeping him near 40 percent approval — and most important, approval among most Republicans — is a strong economy. That, and Fox cheerleading. But if he tanks the rural economy, he and his legacy are in deep trouble.

.. Furthermore, if the rural economy turns sour, much of rural America will abandon Mr. Trump, and Fox may have no choice but to follow.

 

Exclusive: Massive Pentagon agency lost track of hundreds of millions of dollars

A damning outside review finds that the Defense Logistics Agency has lost track of where it spent the money.

Ernst & Young found that the Defense Logistics Agency failed to properly document more than $800 million in construction projects, just one of a series of examples where it lacks a paper trail for millions of dollars in property and equipment. Across the board, its financial management is so weak that its leaders and oversight bodies have no reliable way to track the huge sums it’s responsible for, the firm warned in its initial audit of the massive Pentagon purchasing agent.

.. The department has never undergone a full audit despite a congressional mandate — and to some lawmakers, the messy state of the Defense Logistics Agency’s books indicates one may never even be possible.

.. The $40 billion-a-year logistics agency is a test case in how unachievable that task may be.

.. The DLA serves as the Walmart of the military, with 25,000 employees who process roughly 100,000 orders a day on behalf of the Army, Navy, Air Force, Marine Corps and a host of other federal agencies — for everything from poultry to pharmaceuticals, precious metals and aircraft parts.

.. In one part of the audit, completed in mid-December, Ernst & Young found that misstatements in the agency’s books totaled at least $465 million for construction projects it financed for the Army Corps of Engineers and other agencies. For construction projects designated as still “in progress,” meanwhile, it didn’t have sufficient documentation — or any documentation at all — for another $384 million worth of spending.

.. It also warned that the agency cannot reconcile balances from its general ledger with the Treasury Department.

.. the agency also maintained it was not surprised by the conclusions.

.. the Trump administration insists it can accomplish what previous ones could not.

.. That Pentagon-wide effort, which will require an army of about 1,200 auditors across the department, will also be expensive — to the tune of nearly $1 billion.

.. an additional $551 million to go back and fix broken accounting systems that are crucial to better financial management.

.. The accounting firm itself went further, asserting that the gaping holes uncovered in bookkeeping procedures and oversight strongly suggest there are more.

.. has repeatedly charged that “keeping track of the people’s money may not be in the Pentagon’s DNA.”

.. “I think the odds of a successful DoD audit down the road are zero,” Grassley said in an interview. “The feeder systems can’t provide data. They are doomed to failure before they ever get started.”

Donald Trump Will Soil You. Ask Lindsey Graham.

One day it’s all sun and sycophantic fun on one of the president’s fancy golf courses, where you’re telling yourself that to marvel at his putts and swoon over his swing are small prices for influence and will pay off in the end.

.. That’s the story of Senator Lindsey Graham of South Carolina. Its moral couldn’t be clearer. There’s no honor or wisdom in cozying up to Donald Trump — just a heap of manure.

.. Maybe more than any other figure on Capitol Hill, Graham personifies his party’s spastic, incoherent, humiliating response to Trump across time and its fatally misguided surrender.

He denounced Trump before he befriended and defended him. He graduated from the unpleasant experience of being Trump’s punching bag to the unprincipled one of being his enabler. Like the majority of his Republican colleagues in Congress, he reckoned that he could somehow get more than he was giving up, which included his dignity. He reckoned wrong.

.. It was Graham who recently joined Senator Charles Grassley, the Iowa Republican, in undercutting the credibility of federal inquiries into Trump’s ties with Russia by recommending that the Justice Department investigate Christopher Steele

.. Did Graham tell himself then that he was craftily staying in Trump’s good graces so that he could coax the president toward saner, better immigration policy?

.. when Senator Tom Cotton, an Arkansas Republican, and David Perdue, a Georgia Republican, strenuously disputed the initial accounts that Trump said “shithole” in the Oval Office, it was not because his talk was actually statesmanlike. No, they heard him fume about immigrants from “shithouse countries” rather than “shithole countries,” and in that scintilla of semantic difference they found a rationale for muddying the waters and rallying around the president.

.. During the campaign, Graham blasted Trump as the “world’s biggest jackass,” said that the way to make America great again was to “tell Donald Trump to go to hell” and described the choice of Trump versus Ted Cruz for the Republican presidential nomination as a decision whether to be “shot or poisoned.”

.. A fervent champion of national security, he gave Trump a pass for making light of Russian interference in an American election.

.. He sternly reprimanded the media for calling the president “some kind of kook.” Oops! He had hung that same label on Trump,

.. But it’s reckless folly, because it doesn’t take Trump’s creeping authoritarianism, his instability, his degradation of the presidency and, yes, his racism into full account. To flatter him is to sanitize and encourage all of that.

Donald Trump Goes Full Fredo

But unlike the Godfather character, the president of the United States is backed by powerful people enabling him.

.. The Corleone family had the awareness and vigilance to exclude Fredo from power. The American political system did not do so well.

.. Until now, Trump’s worst moments have occurred behind closed doors, and have become known to the public only second-hand, leaked by worried officials, aides, and advisers. Yesterday and today, we have seen a Trump temper-tantrum in real time on Twitter

.. the most important moment in Wolff’s book are words attributed at second or third-hand to Senate Majority Leader Mitch McConnell at the time of Donald Trump’s election. “He will sign anything we put in front of him.”

.. Who and what Donald Trump is has been known to everyone and anyone who cared to know for years and decades.

  • Before he was president, he was the country’s leading racist conspiracy theorist.
  • Before he was the country’s leading racist conspiracy theorist, he was a celebrity gameshow host.
  • Before he was a celebrity gameshow host, he was the multi-bankrupt least trusted name in real estate.
  • Before he was the multi-bankrupt least trusted name in real estate, he was the protege of Roy Cohn’s repeatedly accused of ties to organized crime.

.. Instead, since he announced his candidacy in mid-2015, Donald Trump has been enabled and protected.

The enabling and protecting not only continues. It accelerates.

.. The Senate Judiciary committee—the Senate Judiciary Committee! The committee that oversees the proper enforcement of the law!—formally filed a criminal referral with the Department of Justice against Christopher Steele, the author of the infamous dossier about Trump’s Russia connections. The referral was signed by the committee’s chairman, Republican Senator Chuck Grassley, without even notice to Democrats on the committee, Democratic Senator Dianne Feinstein said; a startling abuse of majority status and a sharp departure from the norms of the Senate, especially a 51-49 Senate.

.. It’s ominous, however, that on the very same day, the FBI obeyed Trump’s repeated demands and reopened a long-closed criminal investigation into the Clinton Foundation.

.. the important thing about Trump is not the man; it’s the system of power surrounding the man.

.. What sustains Trump now is the support of people who know what he is, but back him anyway.

Republican political elites who know him for what he is, but who back him because they believe they can control and use him;

conservative media elites who sense what he is, but who delight in the cultural wars he provokes;

rank-and-file conservatives who care more about their grievances and hatreds than the governance of the country.

.. he is indeed the “very stable genius” he claims to be: Trump understands how to mobilize hatred and resentment to his own advantage and profit. He has risen higher than Joe McCarthy or Charles Lindbergh or Theodore Bilbo—and he has lasted already nearly a full year in office, holding the approval of one-third of the country

.. without the complicity of other power-holders, Trump would drop from his central position like a tooth from a rotten gum. What we need to do now is widen the camera angle beyond Fredo Trump to the hard-faced men and women over his shoulders. Those are the people who put Trump where he is, and keep him there, corrupting the institutions of American democracy and troubling the peace and security of the world.