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" "[T]he Trump presidency is unlike anything that came before, a presidency built on open public contempt for Constitutional principles.
(born December 24, 1948) is an American investigative journalist and author specializing in economics and tax issues. He won the 2001 , and from 2009 to 2016 he was a Distinguished Visiting Lecturer at Syracuse University, Martin J. Whitman School of Management and College of Law, teaching tax, property, and regulatory law of the ancient world. From 2011 to 2012 he was a columnist for , writing, and producing video commentaries on worldwide issues of tax, accounting, economics, public finance and business. In recent years he has also written for and , and is the board president of , Inc. (IRE).
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One of the criticisms I've... gotten is "You're a reporter, what are you doing writing with a moral tone?" ...[Y]es, this is a book about political culture and morality. I cite , the Bible and as moral authorities in this book. ...Andrew Mellon says that people are more important than capital and people have to be thought of first, not capital... that's not our culture today. All throughout the Bible, the most frequently denounced evil is taking from the poor to give to the rich. The Bible tells us in both books that your society will come to ruin if you do this.
The most widely read literature in Western Civilization is Jane Austen and her stories are about these young women... They're looking at these young men... "Oh, Mr. Darcey has 10,000... Mr. So & so has 5,000," and what they're talking about is... the British finance system in the 1700s and 1800s where wealthy people loaned... large amounts to the crown and were paid interest. ...All the crown had to do then was raise enough taxes from the poor and the middle class, to the extent there was one, to pay the interest. ...[W]hat have we been doing since 1980. Ronald Reagan came in saying he wanted a balanced budget. We last had a balanced budget under Richard Nixon. We have seen budget deficits grow enormously over the years to the point where the federal debt, not adjusted to inflation, was just under $1 trillion when Ronald Reagan came into office, and by the time George Bush leaves, it will be $10 trillion. ...Over $400 billion a year is just going to pay interest on the national debt. That means it's money we don't have for higher education, for infrastructure improvements so we don't have have bridges collapse and kill people in Minnesota when they're commuting home from work. So we don't have pinch points that are costing us billions and billions of dollars because we can't efficiently move goods around the country. We don't have it for all sorts of things that would grease the wheels of commerce and make us wealthier.
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There's a big attack going on in this country on public education. One of the Koch brothers... publicly advocated ending public education, because that's socialism. ...[I]n Wisconsin we saw people call kindergarten teachers thugs. Something I would never have imagined when I was young... [I]t's because we've gone through a fundamental change. We've been living under Reaganism now since 1981, and in Reaganism we worship money, and our measure of the country is money.