The Blog

2020-

2020-12-30 d
"Notice how crises for most of us like the Recession and COVID end up benefiting the wealthy?"

The American System is One Big Grift

The Bidens, and even the Clintons, are small-time players. The real corruption is much bigger, much higher, and entirely unpunished.

I learned the facts of life from a drunk uncle. He was not an American, and worked in international construction in Asia. His main job was to bribe people. Over the course of many tiny glasses of some awful, clear Asian liquor I learned every yard of concrete poured required money to gangsters who controlled unions and to politicians who controlled permits. A fact of life, he said. You get used to it. He even had a joke—my hands are dirtier than the guys who dig the foundations.

You come to realize someone is pulling the strings behind everything and it usually isn’t you, he said. The odd official just doing his job for his salary is a rube. You feel embarrassed for him, saying no for moral reasons. You learn, uncle slurred, to trust nothing. That politician on TV? The company just dropped off a nice check to his “charity.” Play by the rules? Those were the rules.

The first bribe I ever paid was to an Indonesian immigration officer, who noticed some small defect on my passport. Of course, he said, it could be resolved. Between us. With a fine (so many euphemisms). Off to the side. In cash. It was all of $20 to save a vacation but I felt filthy, cheated, a chump. But I learned the rules.

In New York we use the euphemism “tip,” and it is as required as oxygen to get through the day. A restaurant table pre-COVID. A last minute anything. A friendlier handling by a doorman. Timely attention to fix-it requests. My, um, friend, used to pay a lot of money for better hotel rooms until he learned $20 at check in with a friendly “anything you can do” often got him upgraded to the same thing at a fraction of the price. What, you still paying retail, bro?

I used to think it was all small stuff, maybe with the odd mafia king bribing a judge with real money or something else Netflix-worthy. In America we were ultimately… fair, right? But things started to add up. We have our petty corruption like anywhere, but our souls are filthy on a much larger scale. America goes big or it goes home.

Things like the Clinton Foundation accepting donations from the Saudis to help with women’s empowerment, an issue of course dear to the heart of the Kingdom. When it looked like his wife was going to be president, Bill made six-figure speeches to businesses seeking influence within the U.S. government, earning $50 million during his wife’s term as secretary of pay-for-play state. The Foundation, now mostly out of business, was at its peak a two-billion-dollar financial dangle. It spent in 2013 the same on travel expenses for Hillary and her family as it did on charitable grants. The media, forever big Clinton fans, told us we should be used to it. Hey, Nixon was so much worse.

Trump refused to be very specific about who his charity donated to. We know its offshoot, the Eric Trump charity, donated to a wine industry association, a plastic surgeon supposedly gifting nose jobs to kids, and an artist who painted a portrait of Donald. Trump-owned resorts received $880,000 for hosting Trump-sponsored charity events. Trump donated money from his foundation to conservative influencers ahead of his presidential bid.

With Joe as vice president, the Bidens made $396,000 in 2016. But in just the four years since leaving the Obama White House, Joe and Jill made more than $15 million. In fact, as his prospects for election improved, Joe and his wife made nearly twice as much in one year as they did in the previous 19 years combined. Joe scored $10 million alone for a book no one read. Jill was paid more than $3 million for her book in 2018. Joe has a tax-dodge S Corporation that donated money back to his own political PAC. Then of course there was Hunter, who scored millions in Chinese and Ukrainian money for doing nothing but being Joe’s son.

About half the nation got very twisted over Trump’s corruption and actively avoided noticing the Clintons and Bidens, and vice-versa, to the point of covering their ears NYANYANAYNYA. Yeah, politicians are corrupt, but does anyone think the donors in all three cases didn’t know what they were buying? What, you still voting retail, bro?

But even all those millions, measured in Epsteins (a unit of influence buying I just made up) are petty cash. Real corruption scales. Pre-COVID America’s 614 billionaires were worth $2.95 trillion. As the Dow hit record highs this month, there are now 650 billionaires and their combined wealth is $4 trillion. The 400 richest Americans own 64 percent of the country’s wealth.

Where’d all their money come from? You.

Dan Gilbert, chair of Quicken Loans, worth $7 billion in March, is now at $43 billion (thanks for paying on time each month.) Who benefited more from COVID and everyone buying from home then Amazon and Jeff Bezos? It takes a lot of poor people to sustain that amount of wealth at the top.

Money is always good. But it is wrong to think just in dollars. That’s how small-time grifters like waiters and the Bidens think. The real rich understand wealth as power. (read more)

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