The U.S. Supreme Court Is A Tragic, Pathetic Joke

18 06 2019

 By Timothy D. Naegele[1]

The U.S. Supreme Court just issued its decision in Gamble v. United States, and “left the door open for state prosecutors to prosecute Trump campaign officials regardless of whether federal officials have already done so.”[2]  In his dissenting opinion, Justice Neil Gorsuch—President Trump’s first appointment to the Court—wrote: 

A free society does not allow its government to try the same individual for the same crime until it’s happy with the result. Unfortunately, the Court today endorses a colossal exception to this ancient rule against double jeopardy.  My colleagues say that the federal government and each State are “separate sovereigns” entitled to try the same person for the same crime. So if all the might of one “sovereign” cannot succeed against the presumptively free individual, another may insist on the chance to try again. And if both manage to succeed, so much the better; they can add one punishment on top of the other. But this “separate sovereigns exception” to the bar against double jeopardy finds no meaningful support in the text of the Constitution, its original public meaning, structure, or history. Instead, the Constitution promises all Americans that they will never suffer double jeopardy. I would enforce that guarantee.[3]

Our Supreme Court has been a tragic, pathetic joke for years, certainly since it blessed infanticide in Roe v. Wade—and the killing of more than 55 million American babies.[4]  Also, Chief Justice John Roberts constitutes the second worst decision that former President George W. Bush made during his eight-year presidency—other than the senseless Iraq War in which more than 5,000 Americans died and many more were maimed, and trillions of dollars were wasted, for nothing.[5]

Perhaps an editorial of The New York Sun described the Gamble decision best:

How is it possible that, after all the tumult over the Supreme Court, the only two justices to grasp the plain language of the Constitution in respect of double jeopardy are — wait for it — Neil Gorsuch and Ruth Bader Ginsburg? It’s amazing enough that there are but two sages for the bedrock prohibition on double jeopardy. More amazing still that the question unites the right- and left-most justices.

The case, known as Gamble v. U.S., involves an ex-con named Terance Martez Gamble. He was pulled over in a traffic stop in 2015 at Alabama. A gun was found in his possession in violation of both Alabama and American law. Gamble pled to the state charges and drew a year. Then the federales turned around and charged him again for the same offense, drawing additional time for the same deed.

The justices rejected his appeal in an opinion — by Justice Alito — that reminds us of President Clinton’s hemming about how it depends on what the meaning of “is” is. In this case, it depends on the meaning of the word “offense.” The justices reckon there were two offenses, one carrying the blasted gun in Alabama and the other the same gun at the same time in the United States. Could the United Nations also charge him?

. . .

Justice Thomas, sage of what Myron Magnet, in his new book, calls the “lost Constitution,” manages to concur with the majority’s ruling against Gamble while attacking stare decisis. The ink wasn’t even dry on his concurrence when the press started warning that Justice Thomas was — yet again — prepping the ground for overturning Roe v. Wade. Others were more focused on the implications of Gamble for Paul Manafort.

New York, after all, is preparing to bring charges against President Trump’s former campaign manager even while Manafort sits in the Big House hoping for a pardon on federal charges. It’s not so clear, though, that New York will throw at Manafort the same charges Mr. Mueller levied. To discern differences between the federal and state cases against Gamble, though, one would need an electron microscope.

Our own interest in this case is neither stare decisis nor Paul Manafort nor Ms. Roe nor Mr. Wade. It is the plain language of the Fifth Amendment, where the prohibition against double jeopardy is laid down. Our national parchment was supposed to be a bar against such injustices as the state appealing acquittals or the law chasing someone from one court to another.

This is beautifully marked by both Justices Ginsburg and Gorsuch in two dissents. Justice Ginsburg, citing precedent about the separateness of federal and state laws, warned of “frittering away” Gamble’s liberty “upon a metaphysical subtlety, two sovereignties.” Thundered Justice Gorsuch: “A free society does not allow its government to try the same individual for the same crime until it’s happy with the result.”

It is not our intention to suggest that there can never be, say, a federal prosecution after a state acquittal. During the Jim Crow era, southern juries often ignored the facts. In those cases, though, the argument would be, and was, that the accused racists were never in genuine jeopardy in the first place. That is not what happened in the case of Terance Gamble.

All the more inspiring that the two dissenting judges from opposite ideological ends of the bench came together on this bedrock. It doesn’t suggest the confirmation battles are about nothing. It does remind all of us not to panic. The thinness of the vapors at the altitude where these justices breathe makes it hard to predict how they will behave. History teaches that great dissents have a way of getting vindicated over time.[6]

We can only hope that Justice Gorsuch’s dissenting opinion becomes the law of the land, which is not very promising given the 7-2 ruling—or for Paul Manafort and others who tried to help President Trump and may be caught in the insidious web of double jeopardy.  We have to thank our Supreme Court again for the perpetuation (or creation) of tragic injustices.[7] 

 

 

© 2019, Timothy D. Naegele


[1]  Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass). He and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and Timothy D. Naegele Resume-19-4-29). He has an undergraduate degree in economics from the University of California, Los Angeles (UCLA), as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University. He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal (see, e.g., https://en.wikipedia.org/wiki/Commendation_Medal#Joint_Service). Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2]  See https://www.thedailybeast.com/scotus-reaffirms-double-jeopardy-exception-allowing-trump-campaign-officials-to-be-tried-by-state-feds (“Supreme Court Reaffirms ‘Double Jeopardy’ Exception With Mueller Probe Implications”—”The U.S. Supreme Court on Monday reaffirmed a 170-year-old exception to the Constitution’s double-jeopardy clause, and left the door open for state prosecutors to prosecute Trump campaign officials regardless of whether federal officials have already done so. The case, Gamble v. United States, has drawn attention for its potential effect on Special Counsel Robert Mueller’s federal prosecutions on Russian interference in the 2016 election. Had the ‘dual sovereignty doctrine’ been repealed, states would not be able to pursue investigations parallel to the federal government. . . . State prosecutors in New York have brought charges against former Trump campaign chairman Paul Manafort Jr., who was sentenced to seven and a half years in prison, in the event that President Trump pardons him”).

[3]  See Gamble v. United States, p. 64 (emphasis added), by clicking on the following link: https://naegeleblog.files.wordpress.com/2019/06/gamble-ussc-decision.pdf (or by downloading the decision).

[4] See https://naegeleblog.wordpress.com/2012/12/20/abortions-and-autos-kill-more-in-america-than-guns/#comment-17243 (“Finally, More Abortion Bans Are Coming”—”Roe v. Wade unleashed a holocaust of epic proportions, which ranks with the greatest holocausts in human history—including the Nazi Holocaust, Stalin’s Soviet Holocaust and Mao’s Chinese Holocaust. Indeed, more human beings have been killed as a result of abortions—since the U.S. Supreme Court handed down its decision in 1973—than in each of the other three holocausts”).

[5] See, e.g., http://www.wsj.com/articles/trump-and-the-mexican-judge-1465167405 (“[President] Obama . . . contributed to the Democratic intimidation campaign against Chief Justice John Roberts ahead of the 2012 ObamaCare ruling. ‘I’m confident that the Supreme Court will not take what would be an unprecedented, extraordinary step of overturning a law that was passed by a strong majority of a democratically elected Congress,’ the President said at an April 2012 press conference. The Chief Justice ruled as the President recommended”); https://www.bloomberg.com/news/articles/2019-03-01/hold-the-revolution-roberts-keeps-joining-high-court-liberals (“Roberts Keeps Joining High Court Liberals”)

[6] See https://www.nysun.com/editorials/ginsburg-gorsuch-and-gamble/90732/ (“Ginsburg, Gorsuch — and Gamble“) (emphasis added).

[7] See https://naegeleblog.wordpress.com/2013/07/15/justice-and-the-law-do-not-mix/ (“Justice And The Law Do Not Mix”—”The United States is a nation where rogue prosecutors reign, whose goals in life include the prosecution of even the innocent. Federal, State and local prosecutors ruthlessly and gleefully pursue countless numbers of innocent Americans for a multitude of crimes that were never committed; and the judiciary has allowed this to happen. Corruption is rampant among federal prosecutors and those who work with them, such as FBI agents. No amount of rational thinking or discourse can be applied to a system that is inherently and systemically corrupt”); see also https://www.foxnews.com/politics/supreme-court-ruling-deals-potential-blow-to-paul-manafort-as-he-battles-state-charges (“Supreme Court ruling deals potential blow to Paul Manafort as he battles state charges”) and https://www.nytimes.com/2019/06/17/nyregion/manafort-rikers.html (“Paul Manafort Seemed Headed to Rikers. Then the Justice Department Intervened”).





The Chicken-Hearted Neanderthals In The GOP

14 06 2019

 By Timothy D. Naegele[1]

In an article entitled “Russiagate Is No Watergate,” Pat Buchanan—an adviser to Presidents Richard Nixon, Ronald Reagan and Gerald Ford, and a former GOP presidential aspirant himself—has written:

“History is repeating itself, and with a vengeance,” John Dean told the judiciary committee, drawing a parallel between Watergate, which brought down Richard Nixon, and “Russiagate” which has bedeviled Donald Trump.

But what strikes this veteran of Nixon’s White House is not the similarities but the stark differences.

Watergate began with an actual crime, a midnight break-in at the offices of the DNC in June 1972 to wiretap phones and filch files, followed by a cover-up that spread into the inner circles of the White House.

Three years after FBI Director James Comey began the investigation of Trump, however, the final report of his successor, Robert Mueller, found there had been no conspiracy, no collusion and no underlying crime.

How can Trump be guilty of covering up a crime the special counsel says he did not commit?

And the balance of power today in D.C. is not as lopsided as it was in 1973-1974.

During Watergate, Nixon had little support in a city where the elites, the press, the Democratic Congress and the liberal bureaucracy labored in earnest to destroy him. Nixon had few of what Pat Moynihan called “second and third echelons of advocacy.”

Contrast this with Trump, a massive presence on social media, whose tweets, daily interactions with the national press and rallies keep his enemies constantly responding to his attacks rather than making their case.

Trump interrupts their storytelling. And behind Trump is a host of defenders at Fox News and some of the top radio talk show hosts in America.

There are pro-Trump websites that did not exist in Nixon’s time, home to populist and conservative columnists and commentators full of fight.

Leftists may still dominate mainstream media. But their unconcealed hatred of Trump and the one-sided character of their coverage has cost them much of the credibility they had half a century ago.

The media are seen as militant partisans masquerading as journalists.

Consider the respective calendars.

Two years after the Watergate break-in, Nixon was near the end, about to be impeached by the House with conviction possible in the Senate.

Three years into Russiagate, 3 in 4 House Democrats do not want their caucus to take up impeachment. Many of these Democrats, especially moderates from swing districts, do not want to cast a vote to either bring down or exonerate the president.

Assume the House did take up impeachment. Would all the Democrats vote aye? Does anyone think a Republican Senate would deliver the needed 20 votes to provide a two-thirds majority to convict and remove him?

For a Republican Senate to split asunder and vote to expel its own Republican president who is supported by the vast majority of the party would be suicidal. It could cost the GOP both houses of Congress and the White House in 2020. Why would Republicans not prefer to unite and fight to the end, just as Senate Democrats did during the Clinton impeachment?

Trump’s support in the Republican caucus in the Senate today is rock solid. Speaker Nancy Pelosi is herself opposed to impeachment hearings in the House, considering them ruinous to her party’s hopes of maintaining control in 2020.

When Dean went before the Watergate committee of Sen. Sam Ervin in 1973, all five days of his testimony were carried live on ABC, CBS and NBC.

When Dean appeared Monday, the three cable news networks swiftly dropped coverage of the judiciary committee hearings to report on a helicopter crash in mid-Manhattan. Dean’s testimony could be seen on C-SPAN3.

Much of America is bored by the repetitive, nonstop media attacks on Trump, and look on the back-and-forth between left and right not as a “constitutional crisis” but as a savage battle between parties and partisans.

The impeachers who seek to bring down Trump face other problems.

Now that Mueller has spent two years and found no evidence of a Trump-Putin conspiracy to hack the emails of the DNC and Clinton campaign, questions have arisen as to what the evidence was that caused the FBI to launch its unprecedented investigation of a presidential campaign and a newly elected president.

Did an anti-Trump cabal at the apex of the FBI and U.S. security agencies work with foreign intelligence, including former British spy Christopher Steele, to destroy Trump?

The political dynamic of Trump’s taunts and defiance of the demands of committee chairs in a Democratic House, and the clamor for impeachment from the Democratic and media left are certain to produce more calls for hearings.

But if the impeachment hearings come, they will be seen for what they are: An attempted coup to overthrow a president by the losers of 2016 who are fearful they could lose again in 2020 and be out of power for four more years.

Russiagate is not Watergate, but there is this similarity:

Nixon and Trump are both the objects of a truly great hatred.[2]

Some of us lived through Watergate, as Pat Buchanan did.  He was working in the Nixon White House, while I was leaving Capitol Hill and the U.S. Senate for the private practice of law in downtown Washington, D.C.   Today, as in the case of Nixon, the chicken-hearted Neanderthals in the GOP may be Donald Trump’s Achilles’ heel.[3]

The un-American, traitorous, racist, anti-Semite Barack Obama was and is hated by vast swaths of the American people; and he should be in prison today—at the very least—for trying to destroy the Trump candidacy and then presidency.[4]  But none of his true haters tried to destroy either Obama or his presidency.

Indeed, he beat the now-Massachusetts-to-Utah carpetbagger Mitt Romney and his running mate, the RINO Paul Ryan, fair and square.  This may among the reasons why both have opposed President Trump at essentially every juncture. He did what neither of these historical losers could ever do: WIN.  They will be ciphers in American history, if that much.  Like Abraham Lincoln before him, Trump will not be.[5]

Will the future yield “Watergate II,” and will the Trump presidency be destroyed just like the Nixon presidency was?  Traitors like John Dean are being given the time of day; the so-called “mainstream media” is on the warpath again, bent on bringing down this presidency too.  And the spineless, feckless GOP may not support Donald Trump in the final analysis.

But unlike Nixon, Trump has an “army” of true believers, which spans this great nation, except for the bastions of Leftists on our East Coast and “Left coast.”  And as long as our President’s health remains excellent, it is likely that he and his presidency will survive and truly flourish through his second term in office—which will end in January of 2025.

Lots of us certainly hope and pray that this is so.  And yes, many of us began as Democrats, but will never vote for one again—especially in light of the mental midgets of the far-Left who are running against our President.[6]

 

GOP Establishment Neanderthals

 

© 2019, Timothy D. Naegele


[1]  Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass). He and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and Timothy D. Naegele Resume-19-4-29). He has an undergraduate degree in economics from the University of California, Los Angeles (UCLA), as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University. He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal (see, e.g., https://en.wikipedia.org/wiki/Commendation_Medal#Joint_Service). Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2]  See https://buchanan.org/blog/russiagate-is-no-watergate-137152

[3]  See, e.g., https://en.wikipedia.org/wiki/Achilles’_heel (“Achilles’ heel”)

[4]  See, e.g., https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/ (“Is Barack Obama A Racist?”) and https://naegeleblog.wordpress.com/2018/05/24/should-barack-obama-be-executed-for-treason/ (“Should Barack Obama Be Executed For Treason?”) and https://naegeleblog.wordpress.com/2017/10/20/the-real-russian-conspiracy-barack-obama-the-clintons-and-the-sale-of-americas-uranium-to-russias-killer-putin/ (“The Real Russian Conspiracy: Barack Obama, The Clintons, And The Sale Of America’s Uranium To Russia’s Killer Putin”) and https://naegeleblog.wordpress.com/2014/01/06/ariel-sharon-is-missed/#comment-12626 (“DEMOCRATS ARE ANTI-SEMITES”) and https://naegeleblog.wordpress.com/2015/01/03/edward-w-brooke-is-dead/ (“Edward W. Brooke Is Dead”)

[5]  See, e.g., https://naegeleblog.wordpress.com/2017/05/16/americas-newest-civil-war-2017-and-beyond/ (“America’s Newest Civil War: 2017 And Beyond”)

[6]  See, e.g., https://naegeleblog.wordpress.com/2019/04/29/the-democrats-are-evil-but-smart-while-the-republicans-are-neanderthals-and-dumb/ (“The Democrats Are Evil But Smart, While The Republicans Are Neanderthals And Dumb”) and https://naegeleblog.wordpress.com/2019/04/18/the-mueller-report-a-monumental-travesty/ (“The Mueller Report: A Monumental Travesty”) and https://naegeleblog.wordpress.com/2019/03/24/the-mueller-witch-hunt-is-over/ (“The Mueller Witch Hunt Is Over”) and https://naegeleblog.wordpress.com/2019/02/06/the-state-of-our-union-2019/ (“The State Of Our Union, 2019”) and https://naegeleblog.wordpress.com/2018/07/29/it-is-time-for-trump-supporters-to-fight-back/ (“It Is Time For Trump Supporters To Fight Back”) and https://naegeleblog.wordpress.com/2018/07/20/the-american-lefts-feeding-frenzy/ (“The American Left’s Feeding Frenzy”) and https://naegeleblog.wordpress.com/2018/05/06/what-atrocities-did-robert-mueller-commit-in-vietnam/ (“What Atrocities Did Robert Mueller Commit In Vietnam?”) and https://naegeleblog.wordpress.com/2018/03/11/robert-mueller-should-be-executed-for-treason/ (“Robert Mueller Should Be Executed For Treason”) and https://naegeleblog.wordpress.com/2017/05/16/americas-newest-civil-war-2017-and-beyond/ (“America’s Newest Civil War: 2017 And Beyond”)





The Democrats Are Evil But Smart, While The Republicans Are Neanderthals And Dumb

29 04 2019

 By Timothy D. Naegele[1]

The title of this article is the conclusion that I reached when I was leaving the U.S. Senate, after having worked with both American political parties for years.[2]  As I wrote several months after this blog began in December of 2009:

Politically, I am an Independent, and have been for several decades, since leaving the U.S. Senate where I witnessed firsthand the shortcomings of both major political parties. I was a member of the National Democratic Club and the National Republican Club of Capitol Hill, simultaneously. I felt it was good business to entertain our clients and others at whichever club they preferred, and I felt comfortable at both of them. In fact, when I worked in the Senate, there was a spirit of bipartisanship and congeniality in both the Senate and House, which I believed was healthy and beneficial for the country.[3]

Many in the GOP are pathetically weak and spineless today.  Some are “RINOS,” or “Republicans In Name Only,”[4] like the despicable Paul Ryan and his running mate, the carpetbagger Mitt Romney.[5]  Lots of us voted for them, inter alia, because the alternative was the racist, anti-Semite Barack Obama.[6]  Many more of us have been Trump supporters from the beginning; and we have watched the treasonous pattern of misconduct unfolding, perpetrated by Obama and others—like peeling skins off an onion, one by one.[7]

Our great nation is at a critical juncture in its history, and seems poised on the edge of its second Civil War.[8]  And there are threats from adversaries globally, who may seek to destroy our great nation and kill most Americans.  No, these are not radical or crazy statements or fantasies:

Launched from a barge off the U.S. coast, an EMP attack consisting of one nuclear warhead attached to a single missile might shut down much of the country and kill all except 30 million Americans. Such an attack has been described as “a ‘giant continental time machine’ that would move us back more than a century in technology to the late 1800s”—and effectively destroy our great nation.[9]

I never realized fully how much President Donald Trump is hated until I attended a college reunion recently, where the lovely wife of a dear college friend shared her feelings with me.  It was like the mood changed from cordial to “icy” within the blink of an eye, when I told her that I was a Trump supporter—and that I began as a Democrat, but would never vote for one again.

In a very real sense, Donald Trump is America’s first Independent President. Thus, he garners detractors from both ends of the political spectrum (e.g., “Trump derangement syndrome”).[10]  Also, people in other countries have hated American “brashness” for decades, and are repulsed by it; and then there are our adversaries and enemies.  Some detractors and their countries have been living off the United States’ financial and military largesse—or the “dole”—and do not want to have it end.

Perhaps an editorial of The New York Sun puts the future American political climate in stark relief:

The showdown that is brewing between Attorney General William Barr and the House Judiciary Committee poses enormous dangers for President Trump. It might not look that way at first blush. The feud, after all, is ostensibly over the terms under which Mr. Barr is to testify before the House about the report from the special prosecutor, Robert Mueller. It has yet to ripen into a formal impeachment proceeding.

Mr. Barr might be able to win this fight. He is merely resisting the idea that he is to be questioned not only by the honorable congresspersons but also by lawyers for the committee. It looks to us like he should never have agreed to share the Mueller report with the Congress in the first place. It’s an internal executive branch document. Even so he might be able to prevail against the House.

Particularly because of the Holder precedent. Mr. Holder is the only attorney general in history to have defied a congressional subpoena and to be found in contempt. Not just any nickel-plated civil contempt but criminal contempt of Congress. President Obama’s Justice Department balked at prosecution, and Mr. Holder walked. He claims to have been embarrassed, but he’s a free man.

Mssrs. Trump and Barr might be able to get away with that. We’re not inclined to draw a lot of distinctions between the goose and the gander. If what’s going on in the House ripens into an impeachment investigation, though, all bets are off. That’s because of distinctions that have been drawn in our republic all the way back to Presidents George Washington and James Polk.

Both Washington and Polk acknowledged that once an impeachment process is started, the House becomes essentially irresistible. A study in 2001 by the Congressional Research Service recalls the fight over the Jay Treaty that President Washington struck with Britain. Washington denied the House access to his papers, saying they could be legitimately requested only in a case of impeachment.

President Polk, CRS reported, went further. He said that in an impeachment, “the power of the House” would “penetrate into the most secret recesses of the Executive Department. It could command the attendance of any and every agent of the Government, and compel them to produce all papers, public or private, official or unofficial, and to testify on oath to all facts within their knowledge.”

Plus, too, mark this: Refusal to comply with a subpoena is charge that was laid against President Nixon in the third of the articles of impeachment voted out by the Judiciary Committee in 1974. Article Three charged that Nixon had “failed without lawful cause or excuse to produce papers and things as directed by duly authorized subpoenas issued by the Committee on the Judiciary.”

In the case of Nixon, the House never sent articles of impeachment to the Senate. Instead, Republicans in the Senate panicked and sent a delegation to the White House to tell Nixon they were going to vote against him. It was a shocking default by weak senators. It would be as if jurors, acting before charges were handed up, told the suspect to plead guilty. It did, though, precipitate Nixon’s resignation.

We’re not suggesting Mr. Trump should be impeached. He has been cleared of the underlying charge of colluding with the Russ camarilla. The obstruction being investigated is, at best, ambiguous. That doesn’t mean, though, that the president is out of danger. Once the House moves to a formal impeachment proceeding, the constitutional afterburners kick in and Mr. Trump could easily be bound over to a trial in the Senate.[11]

Regardless of exactly how future events unfold, having lived through Watergate—beginning just before, and culminating after I left the U.S. Senate—the human toll and national tragedy that might befall Americans and our great nation again cannot be minimized, underestimated or appreciated fully.  And yes, our enemies globally are salivating.

This was all unleashed by Barack Obama, Robert Mueller and others, who must pay the ultimate price for their treasonous conduct.  Unless and until this happens, no American should believe in our legal system—or that justice exists in the United States—ever again.[12]

 

Ban Robert Mueller copy

 

© 2019, Timothy D. Naegele


[1]  Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass). He and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and Timothy D. Naegele Resume-19-4-29). He has an undergraduate degree in economics from the University of California, Los Angeles (UCLA), as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University. He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal (see, e.g., https://en.wikipedia.org/wiki/Commendation_Medal#Joint_Service). Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2]  See, e.g., https://naegeleblog.wordpress.com/2019/02/06/the-state-of-our-union-2019/#comment-16133 (“The Real Scandal Of The Trump Presidency Unravels”) and https://naegeleblog.wordpress.com/2017/10/20/the-real-russian-conspiracy-barack-obama-the-clintons-and-the-sale-of-americas-uranium-to-russias-killer-putin/ (“The Real Russian Conspiracy: Barack Obama, The Clintons, And The Sale Of America’s Uranium To Russia’s Killer Putin“) and https://naegeleblog.wordpress.com/2018/05/24/should-barack-obama-be-executed-for-treason/ (“Should Barack Obama Be Executed For Treason?“)

[3]  See https://naegeleblog.wordpress.com/about/#comment-861 (“What Is This Blog All About?”)

[4]  See https://en.wikipedia.org/wiki/Republican_In_Name_Only (“Republican In Name Only”)

[5]  Romney was Massachusetts’ governor.  Then he switched, and became Utah’s U.S. Senator.

See, e.g., https://naegeleblog.wordpress.com/2019/02/06/the-state-of-our-union-2019/#comment-16193 (“Republican Neanderthals”) and https://naegeleblog.wordpress.com/2018/07/29/it-is-time-for-trump-supporters-to-fight-back/#comment-15494 (“Paul Ryan: The GOP’s Devil Incarnate”)

[6]  See, e.g., https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/ (“Is Barack Obama A Racist?”) (see also the extensive comments beneath the article) and https://naegeleblog.wordpress.com/2018/05/24/should-barack-obama-be-executed-for-treason/ (“Should Barack Obama Be Executed For Treason?”) and https://naegeleblog.wordpress.com/2014/01/06/ariel-sharon-is-missed/#comment-12626 (“DEMOCRATS ARE ANTI-SEMITES”)

[7]  See, e.g., https://naegeleblog.wordpress.com/2015/12/11/boycott-the-gop-and-ignore-foreign-naysayers/ (“Boycott The GOP And Ignore Foreign Naysayers“) and https://naegeleblog.wordpress.com/2017/01/04/the-president-and-first-lady/ (“The President And First Lady“) and https://naegeleblog.wordpress.com/2017/05/16/americas-newest-civil-war-2017-and-beyond/ (“America’s Newest Civil War: 2017 And Beyond“) and https://naegeleblog.wordpress.com/2017/10/20/the-real-russian-conspiracy-barack-obama-the-clintons-and-the-sale-of-americas-uranium-to-russias-killer-putin/ (“The Real Russian Conspiracy: Barack Obama, The Clintons, And The Sale Of America’s Uranium To Russia’s Killer Putin“) and https://naegeleblog.wordpress.com/2018/03/11/robert-mueller-should-be-executed-for-treason/ (“Robert Mueller Should Be Executed For Treason“) and https://naegeleblog.wordpress.com/2018/05/06/what-atrocities-did-robert-mueller-commit-in-vietnam/ (“What Atrocities Did Robert Mueller Commit In Vietnam?“) and https://naegeleblog.wordpress.com/2018/05/24/should-barack-obama-be-executed-for-treason/ (“Should Barack Obama Be Executed For Treason?“) and https://naegeleblog.wordpress.com/2018/06/15/the-department-of-injustices-inspector-general-is-complicit-in-the-deep-state-cover-up/ (“The Department Of Injustice’s Inspector General Is Complicit In The Deep-State Cover-Up!“) and https://naegeleblog.wordpress.com/2018/07/20/the-american-lefts-feeding-frenzy/ (“The American Left’s Feeding Frenzy“) and https://naegeleblog.wordpress.com/2018/07/29/it-is-time-for-trump-supporters-to-fight-back/ (“It Is Time For Trump Supporters To Fight Back“) and https://naegeleblog.wordpress.com/2018/09/17/has-jeff-sessions-harmed-america-irreparably/ (“Has Jeff Sessions Harmed America Irreparably?“)

[8]  See, e.g., https://naegeleblog.wordpress.com/2017/05/16/americas-newest-civil-war-2017-and-beyond/#comment-17018 (“The Second American Civil War”)

[9]  See https://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/ (“EMP Attack: Only 30 Million Americans Survive”) (footnote omitted); see also https://naegeleblog.wordpress.com/2019/04/18/the-mueller-report-a-monumental-travesty/#comment-16961 (“Media Madness Is Crippling America”) and https://naegeleblog.wordpress.com/2019/03/24/the-mueller-witch-hunt-is-over/#comment-16628 (“White House Warns of Nation-Ending EMP Attacks On USA”) and https://naegeleblog.wordpress.com/2010/12/22/the-next-major-war-korea-again/#comment-16203 (“While The Democrats Seek To Destroy President Trump, He Tries To End The Threat To Americans Of A North Korean Nuclear Holocaust”) and https://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/#comment-15839 (“Will The United States And Israel Cease To Exist?”) and https://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/#comment-15354 (“Military Warns EMP Attack Could Wipe Out America, Democracy, World Order”) and https://naegeleblog.wordpress.com/2015/11/29/the-death-of-putin-and-russia-the-final-chapter-of-the-cold-war/#comment-14472 (“America’s Politicians Fret Over Russia And Our Elections, Instead Of Real Threats To Our Power Grid”) and https://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/#comment-12535 (“North Korea Won The Battle Against America’s EMP Commission”) and https://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/#comment-11760 (“We Must Move NOW To Protect America’s Power Grid From A Nation-Ending EMP Attack!”) and https://naegeleblog.wordpress.com/2010/12/22/the-next-major-war-korea-again/#comment-10807 (“South Korean Banks Brace For EMP Attack”)

[10]  See, e.g., https://en.wikipedia.org/wiki/Trump_derangement_syndrome (“Trump derangement syndrome”)

[11]  See https://www.nysun.com/editorials/trump-is-entering-the-danger-zone/90664/ (“Trump Is Entering the Danger Zone”)

[12]  See, e.g., https://naegeleblog.wordpress.com/2019/04/18/the-mueller-report-a-monumental-travesty/ (“The Mueller Report: A Monumental Travesty”)





Boycott The GOP And Ignore Foreign Naysayers

11 12 2015

 By Timothy D. Naegele[1]

Abraham Lincoln, Dwight Eisenhower and Ronald Reagan were great and heroic American leaders, who would be disgusted and saddened with their Republican Party today.  It has deteriorated into a clique of whining, puny “establishment” ciphers like Karl Rove, Mitch McConnell, George Will, Bill Kristol and Peggy Noonan[2]—who have never done anything great or heroic in their collective lifetimes, and are the worst of American politics.

They traffic in fear and implicit hatred of everything that Donald Trump stands for; they have been brutally divisive; and they are doing everything in their power to demonize and block the presidential candidacy of Trump[3], who is leading in the polls[4].  They are the reason why lots of Americans left the GOP years ago, and will never return except to vote for Trump, and only Trump.

If they were to succeed in preventing him from getting the party’s nomination, many Americans would vote for him as an Independent, or literally hold their noses and vote for Hillary Clinton[5], or not vote at all in the general election.  This would effectively “gut” the GOP, like Ross Perot did in 1992.  The American people are angry; and this includes very conservative GOP women, Independents, and Reagan Democrats.

One needs to work on or with Capitol Hill to realize fully how bad both national political parties are.  If one truly cares about our great nation and its future, the rejection of both parties is an easy and necessary decision.  This is why lots of Americans have become Independents[6], and will never become members of either national party again.  These Americans do not care what happens to the GOP.  If it goes down the drain, so be it.  The same is true of the Democratic Party.  Sometime in the not-too-distant future, an Independent will be elected as America’s president.[7]

However, the criticism of Trump is not limited to the Republican party, or the Democrats, but extends abroad as well, in countries such as the UK.[8]  Most Americans do not care what the Brits think about anything, much less our electoral politics.  The country is descending into irrelevancy; and that process will be accelerated when Scotland leaves and the Trident program is canceled[9].  The sheer stupidity of some Brits is mind-boggling though—until it is remembered that the UK might be speaking German now if the U.S. had not been its “salvation” in World War II.

They ridiculed Reagan too.  Lest they forget relatively-recent history, Reagan and George H.W. Bush set their sights on destroying the USSR, and it is gone now, without a shot being fired. The Brits and others in Europe would still be cowering at the feet of the Soviets but for the United States.  How many young kids today have ever heard of the Soviet Union or the USSR, or the Cold War?  Yet, in elementary schools in Los Angeles, as an example, students were taught to hide under their desks and cover their heads, and shield themselves from “falling debris”—stemming from a Soviet nuclear attack.

At some point, Trump and his lovely wife, Melania, may ask: “Do we really need this?”  The answer is clearly “no,” and he might drop out of the race—although hopefully not.  If he does, many Americans will never vote for a GOP candidate again, as retribution.  Perhaps Trump gains satisfaction from “fighting the system,” and trying to make America better, just as Ronald Reagan did before him.  Clearly, the “establishments” of both parties scream and “claw” at those who dare to challenge their power and orthodoxy.  It is like belonging to a private club that discriminates.

Trump is admired by vast numbers of Americans, from all walks of life, just as Reagan was.  Who would have thought that Reagan and Bush could have brought down the USSR’s thoroughly “Evil Empire.”  Russia and its KGB-trained brutal killer and dictator-for-life, Vladimir Putin, must be next.[10]  Reagan truly changed the world, which is why he is deified and “Teflon-coated” today—much to the disgust of the Democrats who hated him, just as they hated Richard Nixon and now Donald Trump.  The Neanderthals in the GOP are too stupid to recognize the parallels.

Like Reagan before him, Trump represents America’s glorious future, not its past.[11]

© 2015, Timothy D. Naegele

Donald Trump

_______________________________________________

[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass). He and his firm, Timothy D. Naegele & Associates, specialize in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/documents/TimothyD.NaegeleResume.pdf). He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University. He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal. Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com; see also Google search: Timothy D. Naegele

[2]  Noonan is a perfect example.  Like Rove, Will and Kristol, she is full of herself and a raving Narcissist.  Her words have not been worth reading in years.  She considers herself one of the GOP “elites,” when in reality she and the others are nothing more than whining, puny “establishment” ciphers.  Her latest Trump “hit piece” in the Wall Street Journal is an example.

See http://www.wsj.com/articles/a-rash-leader-in-a-grave-time-1449793177 (“A Rash Leader in a Grave Time”—”Trump could bridge the divide between the elites and GOP voters. Instead, he’s deepening it”)

To his credit, Pat Buchanan—an adviser to Presidents Richard Nixon, Ronald Reagan and Gerald Ford, and a former GOP presidential aspirant himself—issued a warning to the Republican Party:

Throw your weight behind GOP presidential front-runner Donald Trump now—or prepare to lose next year’s election to Hillary Clinton.

See http://www.newsmax.com/Newsmax-Tv/pat-buchanan-support-donald-trump-lose/2015/12/10/id/705327/ (“Pat Buchanan to GOP: Support Trump Now or Lose to Hillary”)

[3]  See https://naegeleblog.wordpress.com/2010/09/24/washington-is-sick-and-the-american-people-know-it/#comment-7910 (“The Demonization Of Donald Trump”); see also https://www.washingtonpost.com/politics/gop-preparing-for-contested-convention/2015/12/10/d72574bc-9f73-11e5-8728-1af6af208198_story.html (“GOP preparing for contested convention”)

The Wall Street Journal has become part of the problem.

See, e.g.https://naegeleblog.wordpress.com/2015/12/06/islamophobia-is-un-american/#comment-7908 (“The Ugly Face of Islamophobia: Wall Street Journal’s Bret Stephens”)

Islamophobia is un-American, but a failure of any president to defend and protect the United States and the American people is unforgivable.

See https://naegeleblog.wordpress.com/2015/12/06/islamophobia-is-un-american/ (“Islamophobia Is Un-American”)

[4]  See, e.g.http://www.rasmussenreports.com/public_content/politics/current_events/immigration/december_2015/voters_like_trump_s_proposed_muslim_ban (Rasmussen public opinion polling: “Voters Like Trump’s Proposed Muslim Ban”)

[5]  See https://naegeleblog.wordpress.com/2010/09/24/washington-is-sick-and-the-american-people-know-it/#comment-7185 (“Clinton Fatigue”)

[6]  See, e.g.https://naegeleblog.wordpress.com/2010/03/31/the-rise-of-independents/#comment-3244 (“Record-High 42 Percent Of Americans Identify As Independents”)

[7]  Will it be Trump in 2016, if the GOP Neanderthals block his nomination by that party, and he runs as an Independent?

[8]  See, e.g.https://naegeleblog.wordpress.com/2010/09/24/washington-is-sick-and-the-american-people-know-it/#comment-7910 and http://www.economist.com/news/leaders/21679792-america-and-europe-right-wing-populist-politicians-are-march-threat (“Playing with fear”—”Populist [or conservative] ideas need defeating. . . . Even when they are not in power, populists warp the agenda. . . . This newspaper stands for pretty much everything the populists despise”)

[9]  See https://en.wikipedia.org/wiki/UK_Trident_programme (“UK Trident programme”)

[10]  See https://naegeleblog.wordpress.com/2015/11/29/the-death-of-putin-and-russia-the-final-chapter-of-the-cold-war/ (“The Death Of Putin And Russia: The Final Chapter Of The Cold War”)

[11]  By way of full disclosure, the author believed that former Vice Presidential candidate and Alaska Governor Sarah Palin had a very bright political future, which turned out to be wrong.  Indeed, he believed that “two women might face off for the American presidency in 2012,” Hillary Clinton and Palin—which did not happen.

See https://naegeleblog.wordpress.com/2010/11/12/sarah-and-todd-palin-the-big-winners/ (“Sarah And Todd Palin: The Big Winners?”); see also https://naegeleblog.wordpress.com/2010/11/12/sarah-and-todd-palin-the-big-winners/#comment-2048 (“Rethinking Sarah Palin”)





Washington Is Sick And The American People Know It

24 09 2010

By Timothy D. Naegele[1]

Peggy Noonan, a former presidential speechwriter for Ronald Reagan, pens regular columns for the Wall Street Journal.  In her latest, she states:

This [November’s] election is more and more shaping up into a contest between the Exhausted and the Enraged.[2]

Amen . . . and Barack Obama and his Democrats know it.  Their supporters are exhausted, disillusioned and demoralized; and many are angry at his policies such as the Afghan War.[3] His detractors and opponents are angry, livid, galvanized and motivated; and they consist of Republicans, Independents[4] and disenchanted Democrats, some of whom are part of the Tea Party movement.

The handwriting is on the wall—and the blood is in the water—that he is likely to be a one-term president.  White House chief of staff Rahm Emanuel is rumored to be leaving; and Obama brain truster David Axelrod will be too, probably sometime next year.  Top economic adviser Larry Summers is departing; and the list goes on and on.  While there is generally attrition in any White House staff because of the long hours and staggering workloads and pressures on families, these departures can be viewed as “rats leaving a sinking ship.”

Noonan cites Congresswoman Marsha Blackburn of Tennessee as saying prophetically:

The more [voters] know, the less they like Washington.

At long last, the light is shining through.  The innate wisdom of the American people is in the process of being heard and felt.

When I left Capitol Hill after working there for three and a half years, there was one four-letter word that stood out in my mind, and it still does today: “S-I-C-K.”  I vowed that neither of my kids would ever work there.  I had seen raving narcissists and demagogues who were not nice people—and equaled or surpassed those in Hollywood where I had grown up.

I saw senators and congressmen chasing and bedding female staffers between the ages of about 22-26, and wrecking their lives in the process.  When the women reached about 28, they were considered “over the hill,” and a new batch of fresh young faces would replace them.  I saw attractive young female staffers flock to the politicians like groupies are attracted to rock stars and other celebrities.  I saw lobbyists providing women for sex to important committee chairmen.

I saw power trips that were way out of proportion to the actual power wielded.  I saw senators and members of Congress pontificate on empty chamber floors, and pass legislation that often did not help anyone, but merely “congested” and “polluted” government for both the regulators and public alike.  Laws were put on the books almost ceremoniously to display motion and activity, even if they were truly bad laws that made little or no good sense—and none were ever taken off the books.  Programs were still being funded even though they had outlived their usefulness years if not decades before.

I saw lobbyists literally run Washington, because they had the skills and knowledge that the politicians did not have.  House staffs were small unless the member had seniority.  Hence, the input of lobbyists was essential to the passage of legislation.  They wrote it; and they got it passed and their clients benefited; and somehow—by hook or by crook—the politicians benefited financially or in other ways.  It was dirty, but those participating simply looked the other way.

In short, the American people, God love them, are waking up bigtime to the mess that is Washington, D.C.—a corrupt, politically-polarized toxic city.  Throw in the present economic problems that this country has not experienced since the Great Depression, which will be with us through at least the end of this decade[5], as well as Obama’s no-win Afghan War and other national security worries[6], and he and his Democrats are potentially in for a very rough ride.  Like Lyndon Johnson in 1968, it is doubtful whether Obama will be able to run in 2012, much less be reelected.[7]

Noonan cites the role of women in the coming election, and the fact they are worried about how the economy has been taking an enormous toll on their families, which will only get much much worse.  She quotes Rep. Blackburn as saying: “I look at this year as the Rage of the Bill-Paying Moms.”  Amen to that too . . . or as Sarah Palin calls them: the “Mama Grizzlies.”  And most of us know that those who are wise never mess with a mother Grizzly.

The chickens are coming home to roost in America, at least economically and politically.  Hold on tight.  It is apt to get very ugly.[8]

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the United States Senate’s Committee on Banking, Housing, and Urban Affairs, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass).  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates, which specializes in Banking and Financial Institutions Law, Internet Law, Litigation and other matters (see www.naegele.com and http://www.naegele.com/naegele_resume.html).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years (see, e.g., http://www.naegele.com/whats_new.html#articles), and can be contacted directly at tdnaegele.associates@gmail.com

[2] See http://www.naegele.com/documents/TheEnragedvs.theExhausted.pdf

[3] See, e.g., https://naegeleblog.wordpress.com/2010/09/09/are-afghanistan-iraq-and-pakistan-hopeless-and-is-the-spread-of-radical-islam-inevitable-and-is-barack-obama-finished-as-americas-president and https://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/

[4] See, e.g., https://naegeleblog.wordpress.com/2010/03/31/the-rise-of-independents/

[5] See, e.g., http://www.americanbanker.com/issues/173_212/-365185-1.html and https://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii and http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html and http://www.philstockworld.com/2009/10/11/greenspan%E2%80%99s-legacy-more-suffering-to-come/

[6] See, e.g.https://naegeleblog.wordpress.com/2010/01/19/emp-attack-only-30-million-americans-survive/

[7] See, e.g.https://naegeleblog.wordpress.com/2010/09/09/are-afghanistan-iraq-and-pakistan-hopeless-and-is-the-spread-of-radical-islam-inevitable-and-is-barack-obama-finished-as-americas-president/ and https://naegeleblog.wordpress.com/2010/09/01/the-speech—is-barack-obama-smoking-pot-again/ and https://naegeleblog.wordpress.com/2010/01/20/the-end-of-barack-obama/ and https://naegeleblog.wordpress.com/2010/01/01/barack-obama-america’s-second-emperor/ and https://naegeleblog.wordpress.com/2009/12/26/obama-in-afghanistan-doomed-from-the-start/ and https://naegeleblog.wordpress.com/2009/12/05/is-barack-obama-a-racist/

[8] The Washington Post’s Charles Krauthammer has fine article about the Tea Party movement and the likely tsunami that will engulf Obama and the Democrats, which is worth reading too.  Among other things, he points out that in the bellwether state of Ohio, former President George W. Bush is preferred over Barack Obama by 50 percent to 42 percent.

See http://www.washingtonpost.com/wp-dyn/content/article/2010/09/23/AR2010092304746.html and http://www.publicpolicypolling.com/pdf/PPP_Release_OH_901.pdf





Is Financial Reform Simply Washington’s Latest Boondoggle?

23 04 2010

By Timothy D. Naegele[1]

When I arrived in Washington, D.C. after graduating from law school in California, I spent two years at the Pentagon working as an Army officer in intelligence and budgets.  It was a great experience, and I have the utmost respect for our military, which is the best of our government.  One lesson I learned was that if Congress was breathing down the Pentagon’s neck, the easiest way to deal with the issue was to “reorganize,” which would throw them off the track—and the “bloodhounds” would lose the scent.

Then I worked on Capitol Hill as a young attorney with the Senate Banking Committee, and realized that when there was a national policy issue that was “too hot to handle,” a presidential commission would be formed, not unlike reorganizations at the Pentagon.  Months and sometimes years would pass while people studied the issues ad nauseam; and in the interim, the monkey was off the politicians’ backs.  One of my first tasks on the Hill was to staff such a presidential commission.

Fast-forward to today, and no regulatory “overhaul” is going to make a tinker’s damn in preventing future economic crises or solving the present one.  By and large, the financial regulatory agencies (e.g., the Fed, the FDIC) do a fine job, often under very difficult circumstances.  There are career professionals who will keep doing their jobs, regardless of what Barack Obama or Congress propose or enact—which is high political theater and demagoguery, and not a whole lot more.

Recent reorganizations, such as in the intelligence community, have not produced better intelligence.  Similarly, changes to the financial regulatory structure will not prevent the economic meltdown that riveted the nation in 2008, and continues to this day.  It is a tsunami, and Man’s ability to stop or affect it is marginal at best.  Reorganizing the deck chairs on the Titanic, or closing the barn door after the horse is out, will never address future problems.  The flim-flam boys of Wall Street and other financial capitals will make sure of that.

Alan Greenspan unleashed the tsunami; and the words of Giulio Tremonti, Italy’s Minister of Economy and Finance, are true and cogent to this day:

Greenspan was considered a master.  Now we must ask ourselves whether he is not, after [Osama] bin Laden, the man who hurt America the most.[2]

No financial regulatory overhaul will prevent a Fed chairman like Greenspan, or some other government official from making mistakes that produce massive suffering domestically and globally.  Perhaps if Paul Volcker had been in charge of the Fed instead of Greenspan, the economic meltdown would have been avoided.  After all, Greenspan admitted in testimony before the House that he never saw the housing crisis coming.

Like the emperor with no clothes in Hans Christian Andersen’s fable, no one was willing to call Greenspan a buffoon who was over his head—until he had unleashed economic pain, the likes of which has not been seen since the Great Depression.  It will continue to the end of this decade, in all likelihood; and there is nothing that government can do to stem it.[3]

With respect to the existing financial regulatory agencies, it must be remembered that they and their affiliated agencies (e.g., the FSLIC, RTC) dealt effectively with the savings and loan crisis of the 1980s and 1990s.  In the process, almost 800 S&Ls failed, an enormous financial crisis was averted, and the ultimate cost to the taxpayers was less than expected.

Nonetheless, in 1999, Congress repealed the Glass–Steagall Act, which had controlled financial speculation since its enactment in 1933.[4] Under Glass–Steagall, there had been a separation between commercial banking and “investment banking”—or gambling by Wall Street.  Coupled with Greenspan’s mistakes and financial deregulation, which had been championed by him, a laissez faire attitude in Washington resulted in the massive problems of today.

Can greed on Wall Street and in other financial markets be stopped?  Never.  Can the SEC do a better job?  Can the existing financial regulatory agencies tighten up here and there, and do their jobs better with enhanced powers?  Sure, but the system is not perfect just as human beings are not perfect.  Utopia is not possible; and history repeats itself over and over again.  More government regulation will not prevent economic tsunamis and meltdowns from happening.  Anyone who says so might try to sell you a bridge in Brooklyn next—or ObamaCare.[5][6]

Yet, capitulation to political demogoguery and public anger is likely.[7] With the repeal of Glass–Steagall and financial deregulation, a blurring of the lines between commercial banking and investment banking took place; and now the chickens are coming home to roost.  The baby is in the process of being thrown out with the bath water; and the demogogues in Washington are strutting in full bloom.[8] A Wall Street Journal editorial states:

While the details matter a great deal, the essence of the exercise is to transfer more control over credit allocation and the financial industry to the federal government. The industry was heavily regulated before—not that it stopped the mania and panic—but if anything close to the current bills pass, the biggest banks will become the equivalent of utilities.

The irony is that this may, or may not, reduce the risk of future financial meltdowns and taxpayer bailouts.

. . .

As in health care, Democrats are intent on ramming this reform through Congress, and Republicans ought to summon the will to resist. Absent that, the only certain result is that Washington will be the new master of the financial universe.

Amen, and then some![9]

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the U.S. Senate Banking Committee, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass), the first black senator since Reconstruction after the U.S. Civil War.  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates (www.naegele.com).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years.  See, e.g.www.naegele.com/whats_new.html#articles

[2] See http://www.americanbanker.com/issues/173_212/-365185-1.html

[3] See, e.g., http://www.realclearpolitics.com/news/tms/politics/2009/Apr/08/euphoria_or_the_obama_depression_.html and http://www.philstockworld.com/2009/10/11/greenspan’s-legacy-more-suffering-to-come/; see also http://en.wikisource.org/wiki/The_Emperor%27s_New_Clothes

[4] See, e.g.http://en.wikipedia.org/wiki/Glass–Steagall_Act

[5] Harvard professor Niall Ferguson and Wall Street investor Ted Forstmann state in a Wall Street Journal article:

By all means let us regulate the derivatives market—beginning with a reform that makes it a real market. And let’s clamp down on excessive bank leverage. But let us not believe we can abolish both bailouts and depressions, other than by creating another layer of government regulation.

See http://www.naegele.com/documents/BacktoBasicsonFinancialReform.pdf

I agree with their conclusion.

[6] See also https://naegeleblog.wordpress.com/2009/12/16/the-great-depression-ii/

[7] See, e.g., http://www.naegele.com/documents/AScoldingforWallStreetHonchos.pdf; see also http://online.wsj.com/article/SB10001424052748704830404575200580858688618.html?mod=WSJ_hps_MIDDLEThirdNews

[8] Real problems with the legislation may be considerable.  See, e.g.http://online.wsj.com/article/SB10001424052748703876404575199582764862248.html

[9] See http://www.naegele.com/documents/TheNewMasterofWallStreet.pdf





Jefferson, Lincoln And America

22 03 2010

By Timothy D. Naegele[1]

Three books are worth reading about Thomas Jefferson, Abraham Lincoln, and America: the “Domestic Life of Thomas Jefferson,” which was edited by his great-granddaughter, Sarah N. Randolph[2]; “Lincoln” by David Herbert Donald[3]; and “A History of the American People” by Paul M. Johnson.[4]

Jefferson was a giant, and the first book chronicles his extraordinary life through his letters and the letters of others, lovingly assembled and edited by Randolph.  At various points, the book is moving and tearful; elsewhere it is joyous and humorous. At all times, Jefferson’s seemingly-unlimited talents and brilliance, as well as his qualities as a decent human being and his erudition, shine forth.

The greats of American history come alive through their correspondence and Jefferson’s letters to George Washington, Benjamin Franklin, John Adams, James Madison, James Monroe, Patrick Henry and Alexander Hamilton, to name just a few—along with the Marquis de Lafayette and Napoleon Bonaparte of France.  We witness firsthand the American Revolution, this nation’s founding, Jefferson’s years in Paris, the French Revolution, and his presidency.

Perhaps three things stand out most of all: the depth of his love for his family and the meticulous care with which he nurtured each family member; his love for Monticello and his desire to return there and be rid of the burdens of public office; and his relationship with Adams that, once breached, is finally restored at the end of their lives.

Remarkably, both presidents died on the 4th of July, 1826.  To paraphrase the words of Jefferson, two “Argonauts” sailed on, leaving this country forever changed and better because they had passed here.  “I steer my bark with Hope in the head, leaving Fear astern,” Jefferson wrote to Adams in 1816.  From being Secretary of State and Vice President to two terms in the presidency, involving the Louisiana Purchase and the Lewis and Clark Expedition, Jefferson never lost his love for or his belief in this great country.

He was a farmer, scholar, scientist, diplomat, a leader and a politician.  He was an accomplished horseman who was faithful to his belief in the need for at least two hours of exercise each day.  He was a husband, father, grandfather and great-grandfather; and he loved music, birds and his gardens in Albemarle County, Virginia.  And he was an American.

In the second book, “Lincoln,” Donald writes brilliantly, and truly spans Lincoln’s life and gives one a sense of being there.  Perhaps most striking is how the tide of events carried Lincoln and changed his views (e.g., with respect to the slavery issue alone, from colonization to emancipation).  Also, Donald describes Lincoln as a master, very calculating politician, not unlike the politicians of today.  He was certainly not the folksy backwoods caricature that often is presented, although he used that to his advantage (e.g., to disarm opponents and garner support).

Despite being wonderfully researched, and spreading out the facts for all to see, one gets the sense that what truly made Lincoln “tick” was unknowable, from a deeply personal standpoint.  Having worked on Capitol Hill, my sense is that most senators are that way, possibly because they have been compromised again and again to reach high offices, and to be all things to all people.

Also, it was interesting how Ulysses S. Grant and William Tecumseh Sherman “saved” Lincoln politically, while many of his other generals were either indecisive or utter buffoons.  Lincoln knew that changes were needed, but he was often hesitant to “rock the boat” and make them.  After his reelection in 1864, he seemed much more self-confident, which was cut short by his tragic death.  The reader is left to wonder what he might have accomplished during his second term.

When the book ends somewhat abruptly, one’s interest has been whetted.  It is only too bad that Donald did not do an appraisal of “what might have been.”  There is no question that Lincoln was brilliant, and he was really maturing as a political leader when he was killed.  What a remarkable four years might have followed.  Also, with essentially no protection at all, it is surprising that more leaders of that time were not killed by the John Wilkes Booths of this world.  Lincoln, God love him, was fearless and a true fatalist—or at least that is how Donald depicts him.

One is led to think about Lincoln’s law partner, William Herndon, who was so important in Lincoln’s life, and his thoughts about Lincoln’s life and death.  Also, Grant’s memoirs—which are said to be the finest done by an American president—are wonderful to read, along with books about Reconstruction, the diaries of Lincoln’s two male “secretaries,” etc.

Years ago, I read an article about how one could only understand the Southern “mentality” by appreciating how conquered peoples—or the vanquished—have been able to survive throughout history under the rule of the victors; and Donald’s book sets the scene for that to take place.  Also, one cannot help but be impressed by what a monumental struggle the Civil War represented, and the human carnage that it left as well as the deep scars that remained.  This book is truly fascinating, and Donald provides a brilliant “birds-eye view,” which is well worth reading.

The third book is “A History of the American People” by Johnson.  For all of us whose ancestors came from distant shores, or however we ended up as “Americans,” this book is rich in details, events and trends that have been woven together to describe our history and what it means to be an American.  This reader gained a new sense of pride in what America is and how our history has evolved, and where we are apt to go as a people in the future.

The United States is a melting pot, or a rainbow of different colors, religions and ethnicities, and therein lies its soul, strength, creativity and diversity, and yes tensions.  Johnson’s weaving of minute facts into a tapestry that is “us” deserves to be read and reflected on by all.  We may not agree with each and every observation or conclusion, but we cannot help to be impressed by the sweep of history that Johnson chronicles and how he methodically marshals the facts into a remarkable and coherent whole, of which each of us is an integral part.

I only hated to see this book end—which was true of the other two books as well—and I wished that that I could read about the next 100 years of this “grand experiment” called democracy, but those pages are being written in history with each passing day, month and year.  While it took the arrival of a new millennium for Johnson to share this monumental undertaking with us, let us hope that similar brilliant works are forthcoming.

© 2010, Timothy D. Naegele


[1] Timothy D. Naegele was counsel to the U.S. Senate Banking Committee, and chief of staff to Presidential Medal of Freedom and Congressional Gold Medal recipient and former U.S. Senator Edward W. Brooke (R-Mass), the first black senator since Reconstruction after the U.S. Civil War.  He practices law in Washington, D.C. and Los Angeles with his firm, Timothy D. Naegele & Associates (www.naegele.com).  He has an undergraduate degree in economics from UCLA, as well as two law degrees from the School of Law (Boalt Hall), University of California, Berkeley, and from Georgetown University.  He is a member of the District of Columbia and California bars.  He served as a Captain in the U.S. Army, assigned to the Defense Intelligence Agency at the Pentagon, where he received the Joint Service Commendation Medal.  Mr. Naegele is an Independent politically; and he is listed in Who’s Who in America, Who’s Who in American Law, and Who’s Who in Finance and Business. He has written extensively over the years.  See, e.g.www.naegele.com/whats_new.html#articles

[2] See http://www.amazon.com/Domestic-Thomas-Jefferson-American-Classics/dp/0804417598/ref=cm_cr-mr-title

[3] See http://www.amazon.com/Lincoln-David-Herbert-Donald/dp/068482535X/ref=cm_cr-mr-title

[4] See http://www.amazon.com/History-American-People-Paul-Johnson/dp/0060930349/ref=cm_cr-mr-title








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