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0:00
have to facilitate an international conversation
0:02
about what is enough. And that
0:05
if there is a number that
0:07
is enough, there is a
0:09
number that is too much. We
0:12
believe that money becomes power.
0:15
And when power threatens your democracy, you
0:17
have to take away power. And the only way to take away
0:19
that power is by taking away the money. And
0:22
the only way to take away the money is
0:24
taxation. Welcome
0:34
to the Ralph Nader Radio Hour. My name is Steve
0:36
Scrove and along with my co -host David Feldman. Hello,
0:39
David. Hello, Steve. And
0:41
our producer, Hannah Feldman. Hello, Hannah. Hello,
0:43
Steve. And the man of
0:46
the hour, Ralph Nader. Hello, Ralph. Hello.
0:48
This is a program that's going to
0:51
astonish you and gross you and energize
0:53
you. That's right, Ralph. Our
0:55
first guest today is Erica Payne,
0:58
founder and president of Patriotic Millionaires.
1:00
an organization of high -net -worth individuals
1:02
that says, hey, tax us
1:04
more. You're not taxing us enough. Yes,
1:07
there are people out there who have money who
1:09
aren't hoarding, who know when they have
1:12
enough, and who, for the good of
1:14
the country that made them rich, are willing
1:16
to pay their fair share. HRADIC
1:18
Millionaires' latest project is America
1:21
250, the Money Agenda, a
1:23
framework that they say will permanently
1:25
stabilize the economic lives of working
1:27
people stimulate widespread economic
1:30
growth and ensure prosperity and
1:32
stability for America's next 250
1:34
years. We'll speak to Erica Payne
1:37
about America 250, as well as
1:39
Patriarch Millionaire's recent How to Beat the Bolligarchs
1:41
conference. In the second half of
1:43
the program, we turn to our resident constitutional
1:45
expert, Bruce Fine, who along with
1:47
Ralph has written a letter detailing 22
1:49
counts of impeachment against Trump. It's up
1:51
to 22 now. And as always,
1:53
somewhere in the middle, we'll check in with our
1:56
relentless corporate crime reporter, Russell Moe Kiver. But
1:58
first, yes, there aren't wealthy people
2:00
out there who think longer term
2:02
than just the next quarterly report.
2:05
David? Erica Payne is the
2:07
founder and president of Patriotic
2:09
Millionaires, an organization of high
2:11
net worth individuals who aim
2:13
to restructure America's political economy
2:15
to suit the needs of
2:17
all Americans. Their work
2:20
includes advocating for a highly
2:22
progressive tax system a livable
2:24
minimum wage and equal political
2:26
representation for all citizens. She
2:29
is the co -author with Morris Pearl
2:31
of Tax the Rich. How
2:33
lies, loopholes, and lobbyists make the
2:35
rich even richer. Welcome back
2:38
to the Ralph Nader Radio Hour. Erica
2:40
Payne. Thanks so much. Happy to be here. Welcome
2:43
back indeed, Erica. And listeners should
2:45
know that book, Tax the Rich,
2:48
has all the arguments you could
2:50
possibly have to make the case
2:52
with anybody, legislators, friends, neighbors, doubtful
2:55
relatives, business executives. So
2:57
pick it up, Tax the Rich. Having
3:00
said that, Erica, introduce
3:02
patriotic millionaires to our listeners.
3:05
Sure. So patriotic millionaires first came
3:07
together in 2010. It was during the lame
3:09
duck session of Congress when it became clear
3:12
that President Obama was going to cave to
3:14
Republican demands to extend the Bush tax cuts.
3:16
And it really infuriated me that here is
3:18
Mr. Hopi Changi coming in. And the first
3:20
thing he can think of to do is
3:23
to give tax cuts to a bunch of
3:25
millionaires. So I work in politics as it
3:27
turns out, if you work in politics, you
3:29
know, a whole bunch of millionaires. And so
3:31
I called a couple of them and we
3:34
drafted a really short letter that basically said,
3:36
for the good of the country, raise my taxes.
3:38
And we got about 56 millionaires to
3:41
sign the letter. I called
3:43
them patriotic millionaires for a
3:45
very, very specific reason, which
3:47
is, conservatives have been telling a story for a
3:50
long time, which is, it's your money, you made
3:52
it all by yourself, and now the government is
3:54
stealing it and giving it to undisturbing poor people
3:56
who are probably black. There's a racist undertone to
3:58
their tax ideology. There is
4:00
a fundamental misunderstanding about how to
4:03
structure a society and economy. And
4:05
so I wanted to reassert that paying
4:07
taxes is fundamentally part of your patriotic
4:09
duty. And it's embarrassing to all of
4:11
us for people to bitch about it as
4:13
much as they do, particularly people who
4:15
have the level of resources that the
4:17
people who complain about taxes the most have.
4:20
And so over time, we have built
4:22
a university. We started this very
4:24
small, specific thing. Do not extend
4:26
the Bush tax cuts for incomes
4:28
over $1 million. We
4:30
achieved that. President Obama was.
4:32
very unhappy with us for about a year
4:34
when we shut down the White House phone
4:36
lines and constantly challenged him and his administration
4:38
and the media to do the right thing.
4:40
They eventually changed their mind and did the
4:43
right thing. And so with that
4:45
small victory in hand, this group
4:47
of millionaires said, what is really
4:49
wrong with the country that a
4:51
small group of committed millionaires could
4:53
have some positive effect on? And
4:55
what we concluded is that essentially
4:57
the economy of the United States
4:59
is structured in such a way. to
5:02
guarantee that we will become more
5:04
unequal, more quickly over time. We
5:07
are already at the highest levels
5:09
of inequality in human history. We
5:12
have created a game of economic jenga, where
5:14
you pull from the bottom, pull from the
5:16
middle, load all of those resources on the
5:18
top, and the whole thing's about to come
5:20
tumbling down. What we saw on
5:22
January 20th, I believe, was the result
5:24
of a global oligarchial coup who just
5:26
took the Queen on the chessboard. When
5:29
you've got three people whose combined worth
5:31
is around a trillion dollars standing behind
5:33
who is an unethical, at least
5:36
criminal, at worst billionaire president,
5:39
you know, Houston, we have a problem here. And
5:41
the problem is not actually Donald
5:43
Trump. The problem is
5:46
the preconditions led to the
5:48
rise of a vulnerability to
5:50
an authoritarian leader and an
5:52
oligarchy. And that vulnerability
5:55
was brought about by the
5:57
actions of both parties over
5:59
decades. You know, this
6:01
is quite extraordinary listeners. You
6:04
have rich people organizing, not
6:06
just gloviating, organizing
6:08
lobbying Congress, other
6:10
parliaments, saying they're under tax,
6:12
that rich people all over are
6:14
under tax, and they've got
6:17
to be taxed more. And the principle
6:19
of progressive taxation, which is over
6:21
100 years old in our country,
6:23
has to be reinstated in order
6:25
to block the escape patches, the
6:27
loopholes, the poorest nature of the
6:30
present perforated federal income
6:32
tax. So let's go to your
6:34
agenda. Our work is
6:36
in service to a single
6:38
idea, which is you have
6:41
to have a greater level
6:43
of equality to save
6:45
yourself from the threat of
6:47
oligarchy and authoritarianism. So the
6:49
inequality has to be dealt with
6:51
in a few different ways. The
6:54
two things that will fix inequality
6:56
are raising the wage for and
6:58
taxing the rich. That is it.
7:01
You cannot address this problem in
7:03
any other way. Think
7:05
of wages and taxes as the
7:08
bookends of a strong economy. They
7:10
are what holds the whole society
7:12
together. So the goal of the
7:14
patriotic millionaires legislative program is to
7:17
ensure we're never going to be totally equal.
7:19
We don't need to be totally equal. But
7:21
what we need to do is make sure
7:24
that everybody feels like there's an opportunity in
7:26
our society. And we need to make sure
7:28
that the rich people don't have so much
7:31
money that it turns into power and they
7:33
destroy our democracy. So we need
7:35
to raise the wage floor to something that
7:37
a human being can actually live on. And
7:39
then we need to look at taxes, Ralph,
7:41
in a very different way than people have
7:43
historically looked at taxes. How the left likes
7:46
to look at taxes is how you get
7:48
money to pay for stuff. And
7:50
getting money to pay for stuff is the
7:52
purpose of taxes on the state and local
7:54
level. On the federal
7:56
level, we approach taxes very differently.
7:58
We say concentrated wealth is the
8:01
threat to democracy. The only
8:03
way to break up concentrated wealth
8:05
is through taxation. So when
8:07
we do our tax work on
8:10
the federal level, we really look
8:12
at that as democracy preservation work,
8:15
as opposed to us going to get
8:17
some more revenues. to pay for various
8:19
things that the society needs. So,
8:21
and our members do not take opinions
8:23
on how the government spends its money.
8:25
We just want to make sure that
8:28
the extent to which we need tax
8:30
revenues to support the financing of programs
8:32
that people like our members pay for
8:34
substantially more than that. But the bigger
8:36
exercise therein is how do we preserve
8:39
our democracy for the long term? And
8:41
can you actually have a democracy when
8:43
one person has a trillion dollars and
8:45
spends it to buy your political system?
8:48
Erica, let's talk numbers here. First
8:50
of all, remind our listeners what
8:52
the tax rates are now for
8:54
ordinary income, capital gains, and so
8:56
forth as a background. And
8:58
then we'll talk about what you would like
9:01
to see occur. Okay, so
9:03
as a background, here are a few things
9:05
that people should understand. First is,
9:08
if you make money working and
9:10
a millionaire makes money clicking a
9:12
button and selling some stock on
9:15
an E -Trade account, you will
9:17
pay more in taxes on the
9:19
work income that you make
9:21
than a rich person will
9:23
on the income they make off of
9:26
money. That's the difference between what's called
9:28
ordinary income and capital gains income. in
9:31
the tax code as it exists right
9:33
now. Number one, capital
9:36
gains is taxed at about half the
9:38
rate of ordinary income. So people
9:40
who make money off of their
9:43
money pay half the tax rate
9:45
of people who make money off of
9:47
their work. And what that means
9:49
over time is that every single
9:51
dollar a rich person makes is
9:54
actually worth more money than every
9:56
dollar a poor person makes. So
9:58
you see what I'm talking about
10:00
with this mathematical inequality. When
10:03
the dollar that every rich person makes
10:05
is more valuable than the dollar that
10:07
every working person makes, over time, mathematically,
10:09
you become more unequal, even if the
10:11
people are making the same amount of
10:14
money. So if our millionaires are making
10:16
$100 ,000 a year selling stock and
10:18
a working step is making $100 ,000
10:20
a year working, The working person will
10:22
pay about $9 ,000 more in taxes
10:25
than the person who makes their money
10:27
off of capital gains. That's a big
10:29
difference. And this was to
10:31
draconian, even for Ronald Reagan. Ronald
10:33
Reagan wanted companies to be taxed
10:36
at the rate of ordinary income.
10:38
The listeners, after World War II,
10:40
the maximum tax rate on the
10:42
rich reached 90%. It was 70%.
10:44
It was 50%. went down under
10:46
Reagan, and now it's about 20,
10:48
21 % on capital gains, as
10:51
Erica pointed out, and a maximum
10:53
on ordinary income about 37 %
10:55
or so. And what
10:57
Trump wants to do is lower
11:00
the tax rate, mostly on
11:02
the super rich and the
11:05
multinational corporations ramming it through
11:07
Congress in the next month or so. So
11:09
what would you do about the inequality,
11:12
which is the umbrella of your
11:14
agenda, of course? and its effect
11:16
on weakening a democratic society. Let's
11:19
talk about your cost of living exemption. Yeah,
11:21
so we have a four part
11:24
proposal to fix the economy of
11:26
the United States for the long term
11:28
so that we can sustain our society
11:31
in a way that people want
11:33
to live. So number one, we
11:35
are working right now to introduce
11:37
a piece of legislation. that will
11:39
eliminate the federal income tax obligation
11:42
of people up to the cost
11:44
of living and to shift those
11:46
lost revenues to people who make
11:48
more than a million dollars a
11:50
year with a 3 % surtax
11:53
on incomes over a million dollars
11:55
a year and an 8 %
11:57
surtax on incomes over 10 million
11:59
dollars a year. If we do
12:01
those two surtaxes, we will
12:04
more than cover the lost
12:06
revenue. from giving people up
12:08
to the cost of living a
12:11
tax cut. And so right now in America,
12:13
there's a great tool. It's called the
12:15
MIT living wage calculator, Massachusetts Institute of
12:17
Technology. You can Google it. You can
12:19
go on there and you can look
12:21
for the cost of living in any
12:23
state, any city, any locality in the
12:25
entire country. We suggest that we
12:28
look at the median cost of living
12:30
in the country, which is $48 ,000
12:32
by way of illustration. This
12:34
offers a working person about
12:36
$10 per day for food.
12:39
OK, so that's not half -balutant
12:41
money. We believe that
12:43
we should give all of those folks a
12:45
tax cut. We're going to leave Social
12:47
Security and Medicare contributions in place because we
12:50
want those programs to remain really strong. But
12:52
we are going to get rid of that
12:54
income tax for the rest of up
12:56
to $48 ,000 with the idea being, first,
12:59
you've got to support yourself. And once
13:01
you can support yourself, then you can
13:03
contribute to the federal coffers. And because
13:05
every side seems to bitch about deficits,
13:07
if the other side is trying to
13:09
spend money in order to deal with
13:11
the revenue argument, we've shifted all of
13:14
those revenues to people north of a million.
13:16
So again, very simple idea. People
13:19
who make more than a million dollars a
13:21
year pay a little bit more on that
13:23
first dollar after their first million, 3%.
13:26
If you make 10 million, You
13:28
pay a little bit more on that first
13:30
dollar after your first 10 million, you pay
13:32
8%. And with we do that, we
13:34
can eliminate the federal tax burden
13:37
on working people up to the
13:39
cost of living. So that Donald
13:41
Trump's tax code is no longer
13:43
taxing working people into poverty. That's
13:45
the first step. And I think we're going
13:47
to have that bill introduced here,
13:50
Ralph, in probably the next couple
13:52
of weeks. and we are right
13:54
now work people to sign up
13:56
to s for that policy. So
13:58
if s cost of living
14:01
exemption up there to
14:03
show they support that
14:05
into is a really
14:07
active outre to
14:09
demand that they
14:11
support website again, please.
14:14
Cost of live you can also
14:16
go to patri But
14:21
we've got three more steps that come after that.
14:23
So to me, Ralph, this is the easy, easy,
14:25
easy one. If you're looking a
14:27
lawmaker in the face and you're saying to
14:30
them, I'm making 45 grand a year. I'm
14:32
working my tushy off and the federal government
14:34
is currently taxing me into poverty. I
14:36
think that I need to be able to take care of myself. First,
14:38
can you have those multimillionaires
14:41
pick up the difference until I
14:43
can support myself? I think most politicians
14:45
should say yes. a
14:47
politician who will say no is not a
14:49
politician we want an office regardless of what
14:51
political party they're in. So this is the
14:54
first step, the cost of living exemption. There
14:56
are some steps that come after that. Number two,
14:58
we want a cost of living wage. So
15:01
as I said, right now, the
15:03
median cost of living in the
15:05
country is $48 ,000 a year,
15:07
$10 a day for food. It gives
15:09
you about $800 a month for rent, very
15:12
modest living. So let's
15:14
make sure that when people work full
15:16
time, they can actually support themselves. And
15:19
the only way to do that is to raise
15:21
wages. The federal wage
15:23
floor, which is how you
15:25
should think about it, the minimum wage, the wage floor,
15:28
the floor that we all stand on, is
15:30
$7 .25 an hour. And it's $2
15:32
.13 an hour for tipped workers like
15:34
waiters and waitresses. Now, that's what it
15:36
was when I was in college. I
15:39
am currently 55 years old. OK,
15:41
that is weird and not good. So
15:44
the cost of living. is
15:46
around $22 an hour. 40
15:49
% of people in the country
15:51
make less than what it costs
15:53
to support a single adult with
15:55
no children, that $48 ,000 number.
15:58
What we would like to see is the wage for
16:00
the minimum wage to see it raised
16:02
to the cost of living for a
16:04
single adult with no children. So that
16:06
people, if you walk into a job
16:09
and you work 40 hours, you
16:11
can support yourself in a modest
16:13
scale. of living. That requires change
16:16
in that wage for about 22
16:18
bucks an hour. That's step number two.
16:21
Step number three, Raul, which is
16:23
what we just talked about, is
16:25
this differentiation between people who make
16:28
money off their money and people
16:30
who make money off of their
16:32
sweat. The third proposal is equalize
16:34
all tax rates for all money,
16:36
inheritance, capital gains, and
16:39
ordinary income over a million
16:41
dollars. The Equal Tax Act.
16:44
Why is your money any more valuable than mine? And
16:46
then the fourth piece is to deal
16:48
with the gigantic donut hole in the
16:51
middle of the tax code, which is
16:53
the fact that we do not currently
16:55
tax wealth. So if you
16:57
own a home, you pay a property
16:59
tax. If Jeff Bezos owns 10 yachts,
17:02
he does not pay a property tax.
17:04
So our goal is to
17:07
make sure that the very
17:09
wealthiest pay taxes on
17:11
their wealth. and
17:14
on the growth of their
17:16
wealth and on the money they
17:18
leave to their children. What about
17:20
the argument that wealth is now
17:22
very, very fluid, can be
17:25
transported instantly in terms of
17:27
stocks and other assets
17:29
outside the jurisdiction of the
17:31
US into some tax haven.
17:33
And it's a very difficult task
17:36
to tax that kind of wealth
17:38
in contrast to ownership of land
17:40
or buildings in the US. Can
17:42
you address that? Yes. So
17:44
first of all, we don't decide not to do things because
17:46
they are difficult. Okay. That's number
17:48
one. Number two, people
17:51
are hiding their money all over the globe.
17:53
So what we need is an international tax
17:55
system. Ralph, I just spoke at the IMF
17:57
and I called for three things. A
17:59
global asset registry, a conversation about
18:01
what is enough and a commitment
18:04
to taxing people in order to
18:06
make them less rich. You
18:08
are correct. People are hiding their money.
18:11
We can pass laws that require them
18:13
to not hide their money and to
18:15
pay taxes on it. You talk largely
18:18
on income tax. Where are you on
18:20
sales tax of stock transactions, imposing
18:23
sales tax disproportionately owned by
18:25
the rich? Well,
18:27
this is an issue of how are
18:29
you going to tax stock buybacks? And
18:31
we've spent a lot of time in
18:34
our organization talking about stock buybacks. They
18:36
basically it's when the executives of a
18:38
company have the company spend its money
18:40
to purchase the stock to make the
18:43
stock price go up artificially. and that
18:45
there has been a proposal to increase
18:47
taxes on stock buybacks, I think from
18:50
1 % to 4%. Taxing big corporations
18:52
4 % on stock buybacks that deliver
18:54
money directly into the pockets of their
18:56
executives is not a good policy. It
18:59
is not going to fix the problem.
19:01
A better policy would be to either
19:03
ban stock buybacks or limit them significantly.
19:07
Which, of course, listeners, stock
19:09
buybacks were largely banned. until
19:11
Reagan took over because the
19:14
Securities Exchange Commission thought stock
19:16
buybacks expanded the opportunity for
19:18
stock manipulation unfairly. So this
19:21
is something that started in
19:23
1981. Well, Bob
19:25
McIntyre, who for many years
19:27
headed the Citizens for Tax
19:29
Justice before he retired, had
19:31
said that if the tax
19:33
rates that were enforced in
19:35
the 1960s were operating today,
19:37
there'd be no deficit. And
19:39
the 1960s were quite prosperous
19:41
comparatively. So we're not
19:44
talking pie -in -the -sky listeners
19:46
at all here. We're talking about
19:48
often going back into the future
19:51
by seeing how it was years
19:53
ago before the corporations and their
19:55
corporate tax attorneys began to make
19:58
twist cheese out of our federal
20:00
income tax. On the tax on
20:02
wealth, you know, Saul Price, who
20:05
founded the Price Club, which then
20:07
merged to Costco, he lobbied Congress
20:09
and he was very rich. He
20:12
lobbied Congress for a 1 %
20:14
wealth tax and the Democrats ignored
20:16
him. So let's talk about Capitol
20:19
Hill now. Where is the ranking
20:21
member of the Houseways and Means
20:23
Committee who comes from Western Massachusetts?
20:26
And his name is Richard Neal. Is
20:28
he supporting you? So
20:31
Richie Neal got very pissed
20:33
off at us. when we
20:35
called for him to resign
20:37
from Congress and be investigated
20:39
by the Ethics Committee for
20:41
some unseemly and clearly questionable,
20:44
enormous payments that were made
20:46
to his son Brendan for
20:48
lobbying on issues that he
20:50
had no expertise in, in
20:52
a clear indication that it
20:55
was actually hiding lobbying to
20:57
try to curry favor with
20:59
his father's committee. So
21:02
Richie Neal, surprisingly, will
21:04
not call patriotic millionaires back or take
21:06
a meeting. So it is not
21:09
clear to me what he thinks of our
21:11
agenda. It is clear to me that his
21:13
son is unhappy with us calling out his
21:15
ethics and his father's ethics because he confronted
21:17
me at a party on Saturday night. And
21:19
so that was kind of an interesting exchange.
21:22
You know, I think Richie Neal needs to
21:24
resign. You know, Richie Neal
21:26
is 78 years old. He's been a corporate
21:28
show for the entirety of his political career.
21:30
And if he has a change of heart
21:33
now seeing like what he has done that
21:35
has facilitated an oligarchy, you know, I think
21:37
theoretically you always want to believe in redemption.
21:39
So if he wants to stay in office,
21:42
you know, prove yourself redeemed and start making
21:44
some big time noise about what these rich
21:46
folks have gotten away with for all of
21:49
these years. Well, let's look
21:51
at someone who is on your
21:53
side, Congressman Lloyd Doggett from the
21:55
Austin, Texas area, former member of
21:57
the Texas Supreme Court. And Ron
21:59
Wyden, who's the ranking minority member
22:01
of the Senate Finance, are they
22:03
with you on the program? Yeah,
22:05
they love us. We love them.
22:08
Those are two great lawmakers. So,
22:10
yes. And are you
22:13
trying to get an informal hearing
22:15
the way Congress watches the public
22:17
citizen so the Democrats can take
22:19
a committee room, have great witnesses,
22:22
the press there, they don't have to wait
22:24
for the Republicans. It would be
22:26
what's called a shadow hearing. And they've
22:29
had three or four of them already.
22:31
Elizabeth Warren had one on the
22:34
Consumer Financial Protection Bureau that's being
22:36
destroyed by Trump as we speak.
22:38
And she got some good press.
22:40
Are you pushing for shadow hearings
22:42
to balance the closeout of any
22:44
dissent as the Republicans try to
22:46
ram through Trump's tax cuts in
22:48
the next few weeks? We
22:51
have not called for a shadow hearing, but
22:53
I think that that's a great tactic and
22:55
something we should explore. Thanks for the idea.
22:57
That's very important. And how about
22:59
back home? You travel a lot
23:02
and are you getting enthusiasm? Or
23:04
do you get people who sort of throw
23:06
their hands up in the air and say
23:09
it's too complex to understand tax reform? Here's
23:11
the thing. Taxes are not that hard to understand,
23:13
first of all. They make it hard on purpose.
23:16
And so that's why we wrote this book, Tax
23:18
the Rich. How wisely polls and lobbyists make the
23:20
rich even richer. And so if you want to
23:23
read the book. then you'll know everything you need
23:25
to know and it has cartoons and it's funny
23:27
and it's super easy to understand. If you don't
23:29
feel like reading the book, you can go to
23:31
taxtheritch .com and there's a video that tells you
23:33
everything you need to know about the tax code
23:36
in 15 minutes. So there are two ways to
23:38
have it not be confusing. I don't have anybody
23:40
throwing their hands up. I have a whole bunch
23:42
of people mad and ready to fight and ready
23:44
to roll up their sleeves and do stuff. And
23:47
I think, Ralph, one of the great things about
23:49
this moment that we're having right now is that
23:51
everything that we've been saying for years, we've been
23:53
telling people we are in the middle of a
23:55
global oligarchy or coup for the better part of
23:58
the tenure of this organization. People
24:00
have not believed us and not
24:02
enough people have believed us. People
24:04
woke up in November when he
24:06
won and then in January when
24:08
you had that trillion dollar picture
24:10
of all of the billionaires taking
24:12
stage and then seeing what Elon
24:15
Musk has done since then and
24:17
they've woken up and they're fighting.
24:19
I've always thought that People generally
24:21
in the US are more anti
24:23
-tax than people in Western Europe
24:25
and Canada, because in
24:27
Western Europe and Canada, much more
24:30
of the tax dollars come back
24:32
to the people in the form
24:34
of universal health insurance, in the
24:37
form of all kinds of benefits,
24:39
maternal child care, paid family, sick
24:41
leave, and other public services. So
24:44
in those countries, they feel they're
24:46
getting their taxes. coming back to
24:48
them. We're in the US. A
24:51
huge amount of taxes go to
24:54
the military budget, bloated like you
24:56
can't believe, and also
24:58
into corporate welfare, handouts,
25:00
subsidies, giveaways, bailouts, and
25:02
corporate tax expenditures. Explain
25:05
this phrase, corporate tax expenditures
25:08
for people. expenditure,
25:11
which I think is a really weird
25:13
way to talk about it again. This
25:15
is like they make it confusing so
25:17
people won't understand it, but tax expenditures
25:20
is just basically another way of saying
25:22
like money they spend through the tax
25:24
code. So it's tax breaks for corporations.
25:26
They're giving them money to create certain
25:29
behaviors, but we have tax expenditures through
25:31
the tax code for other things. Also,
25:33
I mean the earned income tax credit
25:35
and the child tax credit. are basically
25:38
welfare benefits that are administered through the
25:40
tax code. Those are tax
25:42
expenditures. It is money being spent
25:44
through the tax system in order
25:47
to achieve certain outcomes. So there's
25:49
nothing wrong with a tax expenditure.
25:51
It's just that if I'm deciding
25:53
to spend money through my tax
25:56
code, I'm not particularly inclined to
25:58
spend it on Nike. I
26:00
am more inclined to spend it on
26:02
a kid who doesn't have enough to
26:04
eat. No Nike. like two or
26:07
three years in the last decade, has paid
26:09
no taxes, okay? That's why
26:11
people who are making 20 grand a
26:13
year are putting their money into the
26:15
federal coffers. Erica, I found
26:17
one message that really works in front of
26:20
audiences. You ask people,
26:22
do you work for a big
26:24
company? Well, you know, some people
26:26
raise their hands and say, yeah, and
26:28
you find companies that these people
26:30
work for who paid no federal income
26:32
tax like General Electric made billions of
26:35
US based dollars in profit earlier
26:37
this century and not only paid no
26:39
federal income tax but got a
26:41
refund that's so crazy is our tax
26:43
system so when you get someone in
26:46
the audience saying yeah I work
26:48
for companies say like General Electric and
26:50
so did you know that you you
26:52
sent more dollars in actual dollars
26:55
to the US Treasury than your entire
26:57
giant company that employs you. which sent
26:59
nothing. Have you ever tried that
27:01
approach? We have tried that
27:03
approach. I think where I usually do it
27:05
is to say, who drives more
27:08
on the road? Amazon delivery
27:10
people or you? Why are you paying
27:12
more for the road than the Amazon
27:14
delivery person? That's how I do it.
27:16
But I think you're getting at the
27:18
same basic idea. Yeah. Well,
27:20
let's go to Steve. Erica,
27:22
you did this. I noticed you
27:24
did this conference called Beat the
27:27
Brolegarks. And I noticed in the
27:29
intro, one of the topics was
27:31
the psychology of the extremely wealthy.
27:34
What is the psychology of the
27:36
extremely wealthy? Well, it's
27:38
basically the philosophy that I like to
27:41
call it, Fajigma. The philosophy
27:43
of Fajigma is, forget you, Jack,
27:45
I got mine. And what seems
27:47
to happen when people get rich,
27:49
and this has been studied, academic
27:52
studies have shown that when
27:54
people achieve higher and higher
27:56
levels of wealth. They become
27:58
more selfish. They become
28:00
more likely to break laws. They
28:03
become more likely to behave in ways
28:05
that are antisocial. There is a fantastic
28:07
social psychologist named Paul Piff. Go check
28:09
him out. He has done all of
28:11
these studies about what happens when people
28:14
get rich and how they behave. There
28:16
are some interesting studies about people who
28:18
drive nicer cars tend to run red
28:20
lights and stop signs more than people
28:22
who don't drive nice cars. Okay, he
28:24
does a great study where a guy
28:27
cheats at Monopoly, knows he's cheating at
28:29
Monopoly, everybody who's playing the game knows
28:31
he's cheating at Monopoly, and still after
28:33
the Monopoly game that he won. He's
28:35
off in the corner bragging about how
28:38
he won the game. So that's basically
28:40
what happened. That's the disease that infects
28:42
some rich people. And that
28:44
disease is very problematic for all the
28:47
rest of it, even though they're the
28:49
people who caught it. It seems to
28:51
be grounded in some sense of I'm
28:54
deserving. So I have it is I'm
28:56
deserving. I h and if you think
28:58
about it, the more people you have
29:01
to have you and your stuff. And
29:03
so all of to be particularly inclined
29:05
to full of it. And so you
29:08
do would evolve. I mean, I if
29:11
Ralph became a multimil a fabulous
29:13
dude, you kno to that. I
29:15
don't know the is
29:19
that when people achieve levels of great
29:21
wealth, they tend to act in ways
29:23
that are problematic to our society. And
29:25
that is when we have to intervene.
29:28
And by the way, the studies
29:30
show that lower income people give
29:33
a larger percentage of their income
29:35
to charity than very rich people
29:37
give to charity. There's a real
29:39
parsimony of the plutocrats situation in
29:41
our country where they're extremely miserly
29:43
with, of course, luminous exceptions. This
29:45
whole let's rely on charity. This
29:48
is very interesting. So the senator
29:50
from Wisconsin, Ron Johnson, was at
29:52
a Senate Finance hearing the other
29:54
day, and he said that basically
29:56
if somebody needs help, they should
29:58
go first to themselves and their
30:00
families, second to their church or
30:03
to charity, and third to the
30:05
federal government. And that is their
30:07
philosophy. Now, when I hear that,
30:09
what that says to me is
30:11
go first to your family and
30:13
then second, go to some
30:15
entity that may or may not help you.
30:17
And then third, go to the government. When
30:20
I'm ordering my society, I would like
30:22
for people to go first to their
30:25
friends and family, second to the government,
30:27
and third to charity. And
30:29
the reason that I put it
30:31
in that order is that I
30:34
don't want the human needs to
30:36
be optional. I don't want it
30:38
to be reliant on the whims
30:40
of a rich person to decide
30:42
if they should fund a charity.
30:44
What I would rather do is
30:46
solve the problems in our society
30:48
as a matter of a common
30:50
exercise. So I don't want
30:53
to walk down the street and
30:55
have homeless people attack schoolchildren like
30:57
someone did. A mentally
30:59
ill homeless person attacked a group of
31:01
teachers and children in Washington, DC. I
31:04
don't want it to be up to
31:06
a charity to decide if that individual
31:08
gets the help that they need to
31:10
stop being a danger to society. Very
31:13
well said. I used to sum it
31:15
up this way. A society that has
31:17
more justice is a society that needs
31:19
less charity. By the way,
31:21
before we go to David, what's
31:23
your take on Trump and the
31:26
poisonous tusks of Phelan Musk's attack
31:28
on the Internal Revenue Service? Their
31:30
budget firing thousands of personnel. What's
31:32
your take on that? Are you
31:34
taking a position? Yeah.
31:36
I mean, listen, the only position you
31:38
can take is that if somebody is
31:40
trying to increase government efficiency, the
31:43
last thing you should cut
31:45
is the one department in
31:47
government that brings in revenue.
31:49
Cutting the IRS costs the
31:51
US government money. If you
31:53
ran a business, Ralph, would
31:56
you ever fire your
31:58
accounts receivable department? No,
32:00
it would be the last department you
32:03
would cut. So then it says he's
32:05
either stupid because that's what he's cutting,
32:07
which I think is probably inaccurate. So
32:09
if he's not stupid, then why is
32:11
he doing it? And he's doing it
32:14
for the same reason. that lawmakers have
32:16
hacked at the IRS budget forever. They
32:18
don't want their donors to get taxed.
32:20
They don't want their donors to be
32:23
audited. And so they cut the cops.
32:25
So all these folks who are griping
32:28
about black Americans calling to defund the
32:30
police are actually defunding the police that
32:32
is keeping them in line and keeping
32:34
them honest. And so I believe that
32:36
the first police we should fund is
32:38
the financial police. because the machinations of
32:41
the richest people in the country are
32:43
what are creating most of the preconditions
32:45
that lead people to crime in the
32:47
first place. And the Republicans
32:49
on Capitol Hill have led in
32:51
slashing the IRS budget and supporting
32:54
Trump's maraudings on the IRS today.
32:56
It the first bill they took
32:58
in. The very first bill that
33:00
Republicans introduced when they took over
33:02
the House was cutting the 80s.
33:04
And the Democrats have not accused
33:07
the Republicans of actively aiding tax
33:09
evasion by the super rich and
33:11
multinational corporations. That's how feeble that
33:13
Democratic Party is. Let's go to
33:15
David. Thank you. I want
33:18
to return to what you were
33:20
just talking about, the order of
33:22
love, because there was a theological
33:24
dispute between Vice President J .D.
33:26
Vance and Pope Francis this year,
33:28
where J .D. Vance used the
33:30
term ordo amoris, the order of
33:32
love, and said, first you take
33:34
care of yourself and your family,
33:36
and then if you have any
33:38
love left over, give it to
33:40
the rest of the world. And
33:42
the Pope fired back at JD
33:44
Vance that Jesus taught, no, you
33:46
love most vulnerable. You don't
33:48
start with yourself. You don't start
33:51
with your family. You start with
33:53
those most in need. So when
33:55
you focus on billionaires, as much
33:57
as I love to demonize them,
34:00
how do we focus on the
34:02
poor? How do we draw attention
34:04
like Bobby Kennedy did in his
34:07
last year, touring Appalachia
34:09
and forcing the media
34:11
to take pictures of
34:13
children with distended bellies.
34:15
How do we draw
34:17
focus away from the
34:19
lavish lifestyles of the
34:21
billionaires and force a
34:23
discussion about half this
34:25
country that's struggling, dying,
34:28
literally dying? How do we focus
34:30
that energy less on the billionaires,
34:33
more on the poor? Well,
34:35
I guess, David, for me, I
34:37
would ask, like, where is the
34:39
focus going to have the better
34:41
chance of getting the outcome that
34:43
we need? And the premise of
34:46
the exercise of our organization is
34:48
its wages and taxes and the
34:50
distribution of political power, tax the
34:52
rich, pay the people, spread the
34:54
power. So when we do our
34:56
work, it's very useful for us
34:58
to amplify the egregious harm that
35:00
some billionaires are doing to the
35:02
planet and to working people. because
35:05
then the answer to that is
35:07
to make them less rich. I
35:10
think sometimes in focusing, I
35:12
think you can lose people's energy because there
35:14
are so many poor people right now. I
35:16
think people know people are suffering because they're
35:18
the people suffering. I mean, we
35:20
have 70 % people suffering right now who make
35:23
less than the median cost of living for a
35:25
single adult with children. So all
35:27
of those people are aware of the
35:29
suffering. I mean, what we've done When
35:31
eight Democrats joined with all of the
35:33
Republicans to vote against raising wages to
35:35
$15 an hour in the middle of
35:38
a global pandemic, it pissed me off
35:40
so badly at Democrats that I grabbed
35:42
a bunch of my members. We did
35:44
a road trip to Kentucky. We did
35:46
a road trip to West Virginia. We
35:48
stopped people in the Dollar General parking
35:50
lot to talk to them about wages
35:52
and taxes. And then ultimately we started
35:55
a program, an ongoing program. It's three
35:57
years old in one of the poorest
35:59
counties in North Carolina. that is a
36:01
deep red county and one of the
36:03
poorest counties in Wisconsin, which is a
36:05
deep red county. And we went into
36:07
both of those places into Whiteville, North
36:09
Carolina and Richland Center, Wisconsin.
36:12
And we've spent three years talking
36:15
to working people slash poor people
36:17
across the political aisle in those
36:19
two locations about how politicians of
36:21
both parties have rigged the economy
36:23
against them and the power that
36:25
they have to fix it. So
36:27
what I'd like to do is
36:30
not highlight their flight as much
36:32
as to amplify and enhance their
36:34
power, because these folks actually have
36:36
a huge amount of political power.
36:38
And the county in North Carolina,
36:40
for example, that I'm talking about
36:43
is represented by the majority leader
36:45
of the North Carolina House, Brendan
36:47
Jones. He refuses to
36:49
give a hearing to a minimum
36:51
wage bill. The minimum wage in
36:54
North Carolina is $7 .25 an
36:56
hour. We just had about 50
36:59
people go to Raleigh to lobby
37:01
their lawmakers, including Brendan Jones, to
37:03
raise wages. So I
37:05
want to empower them rather than just
37:08
show people how tough their life is.
37:10
I'd rather give them the tools they
37:12
need to help them make their lives
37:15
better. And that better life is going
37:17
to come about with a higher wage
37:19
floor. And that is a matter of
37:22
law. I also think it's worth mentioning
37:24
that this area that we're in in
37:26
North Carolina moved 12 points from Democrats
37:29
to Republicans after Bill Clinton passed NAFTA.
37:32
OK, so I think that one of
37:34
the things that the Democratic Party needs
37:36
to do is hold up a mirror
37:38
and admit to the role that they
37:41
played in decimating America's middle class and
37:43
working people in America. You're quite right,
37:45
Erica. They lost most of their furniture
37:48
industry in North Carolina after NAFTA. That's
37:50
right. Erica, before we conclude, I'd like
37:52
to have the listeners find out whether
37:55
they could get a visit from any
37:57
of your group staff like you went
37:59
to North Carolina around the country. What
38:02
do they have to do to try
38:04
to get a visit so they can
38:06
rally people in their community? Just send
38:09
us an email at info at patrioticmillionaires
38:11
.org. We have a series of presentation.
38:13
We have members who will travel all
38:16
over the country to present to small
38:18
community groups, to large rallies. We have
38:20
a few different presentations we do to
38:23
spark conversation and we'd love to come
38:25
visit with community groups. So just drop
38:27
us an email and let us know.
38:30
The nice thing about these visits listeners
38:32
by the patriotic millionaires is they focus
38:34
attention of the people in the assembly.
38:37
on the members of Congress, on the
38:39
two senators and representatives from the district.
38:41
So it isn't just riling them up
38:43
and have the civic energy go into
38:46
the ether. Directed like
38:48
a laser beam on the
38:50
535 members of Congress that
38:52
can make these decisions for
38:55
the people back home who've
38:57
delegated their constitutional authority to
38:59
these lawmakers who most of
39:01
the time have turned their
39:03
back on the people and
39:05
represented a few hundred corporations
39:07
instead. Any last point you
39:09
want to make before we
39:12
conclude Erica Payne? Absolutely.
39:15
The cost of living exemption .com
39:17
I think is one of the
39:19
single most powerful pieces of legislation
39:21
that has been put forth in
39:24
recent memory. First, to deliver thousands,
39:26
hundreds if not thousands of dollars
39:28
directly into the pockets of working
39:30
people. It will have no cost
39:33
to the federal government. whatsoever, revenue
39:35
neutral, and rich people won't feel
39:37
it. At a divided moment in
39:39
America, I think we can agree
39:41
that the federal government should tax people into
39:43
poverty and to the extent necessary rich people
39:45
should pick up the difference. And
39:48
so if you believe that, then
39:50
please join our efforts for this
39:52
specific piece of legislation and go
39:54
to cost of living exemption and
39:56
put your name on the list
39:58
and we will be in touch
40:00
with you to let you know
40:02
which lawmaker to call when. and
40:04
what you can do to push
40:07
this simple solution for a stable
40:09
country. If you need
40:11
any added motivation, listeners, read the
40:13
book Tax the Rich by Erica
40:15
Payne and Morris Pearl and connect.
40:18
After all, patriotic millionaires and
40:20
multimillionaires and a couple billionaires,
40:22
they don't have the number
40:24
of votes you have. So
40:26
you have huge assets to
40:29
amplify their progressive humane and
40:31
constructive mission. for a democracy
40:33
that works for everybody. Thank
40:35
you very much, Erica Payne.
40:38
Thanks so much, Ralph. This was fun.
40:40
Thanks, Steve and David and Hannah. We've
40:43
been speaking with Erica Payne. We
40:45
will link to patriotic millionaires at
40:47
Ralphnaderradiohour .com. When we
40:50
come back, we'll be joined by a resident
40:52
constitutional expert, Bruce Fine, who's
40:54
going to talk about the letter that
40:56
he and Ralph sent to Trump outlining
40:58
22 articles of impeachment. But
41:00
first, let's check in with our Corporate Crime
41:02
Reporter Russell Mochiber. From the National
41:05
Press Building in Washington, D .C., this is
41:07
your Corporate Crime Reporter Morning, made for Friday,
41:09
May 2, 2025. I'm Russell Mochiber. In New
41:11
York City last week, a
41:13
group of legislators and citizens
41:15
rallied at the New York
41:17
Stock Exchange to demand the
41:19
reinstatement of New York's stock transfer
41:21
tax. The stock transfer tax First
41:24
enacted in 1905 places a nominal
41:26
fee of 5 cents on stock
41:29
sales over $20. Though
41:31
small for individual trades, full
41:33
collection of the tax could
41:36
generate an estimated $14 billion
41:38
to $16 billion annually for
41:40
the state, revenue that would
41:42
be used to fund public
41:45
services. The stock
41:47
transfer tax existed from
41:49
1905 to 1981. It
41:52
raised billions for the state, yet
41:54
Wall Street prospered. That's because the
41:57
tax is so low. For the
41:59
Corporate Crime Reporter, I'm Russell Mokiger.
42:02
Thank you, Russell. Welcome back to the Ralph
42:04
Nader Radio Hour. I'm Steve Skrovan, along with
42:06
David Feldman, Hannah and Ralph. David,
42:08
introduce our resident constitutional expert. Bruce
42:11
Fine is a constitutional scholar and
42:14
international law expert. Mr. Fine was
42:16
Associate Deputy Attorney General under Ronald
42:19
Reagan, and he's the author of
42:21
Constitutional Peril, The Life
42:23
and Death Struggle for Our Constitution
42:25
and Democracy, as well as American
42:28
Empire Before the Fall. Welcome back
42:30
to the Ralph Nader Radio Hour.
42:33
Bruce Fine. Thank you for
42:35
inviting me. I'm delighted. Yeah,
42:37
welcome again, Bruce. You know, you
42:39
have called Donald J. Trump the
42:42
most impeachable president in American history,
42:44
and you've backed it up. by
42:47
drafting 22 articles of impeachment based
42:49
on his first 100 days and
42:51
more to come, it looks like.
42:54
And tell us about the more
42:56
important impeachment articles before we ask
42:58
you what the prospects and what
43:01
the pathway is in Congress. Well,
43:04
let me just update for the audience.
43:06
We had today revelation of further evidence
43:09
of an impeachable offense, namely Mr. Trump
43:11
conceding that he was lying to federal
43:13
courts when he said he he could
43:16
not retrieve Brego Garcia, someone who was
43:18
illegally by an administrative air removed to
43:20
a dungeon in El Salvador that said
43:23
he didn't want to retrieve. Now, prior
43:25
to that, he had his lawyers go
43:27
into federal court say, oh, we're helpless.
43:30
Now, we have no ability to enable,
43:32
facilitate the return of a Brego Garcia
43:34
who was illegally removed without any evidence
43:37
that he was a member of a
43:39
gang. And I say this because it
43:41
heightens, I think, the urgency of impeachment
43:44
when you have a president who no
43:46
longer feels obligated to represent facts to
43:48
federal courts he just makes them up
43:51
but that gets me to I think
43:53
the common theme of the impeachable offenses
43:55
stems from the article two obligation of
43:58
the president to take care that the
44:00
laws be faithfully executed the laws includes
44:02
not only statutes the constitution but court
44:05
judgments and if we go through those
44:07
that are most egregious And maybe there
44:09
aren't any because there are so many.
44:12
I start out with the fundamental idea
44:14
of due process. You simply cannot deprive
44:16
someone of liberty without giving them an
44:19
opportunity to explain or to refute what
44:21
allegations the government has made. And the
44:23
reason why I start out that, Ralph,
44:26
is we've had an experiment in World
44:28
War II with what happens when you
44:30
have no due process. We did that
44:33
with 120 ,000 Japanese Americans. No, we
44:35
just said that they're all likely to
44:37
commit espionage or sabotage, how to put
44:40
them in concentration camps, we made 120
44:42
,000 errors. Later apologized for
44:44
it in 1988. So there's
44:46
a reason due process is not
44:48
simply an academic concept. It's essential
44:50
to preventing these kinds of egregious
44:52
instances of injustice from happening. And
44:54
we know that Trump has, one,
44:56
not only has he removed Abrego
44:58
Garcia to a dungeon in El
45:01
Salvador without any due process, but
45:03
he sent other, those who allegedly
45:05
are members of Venezuelan gang. outside
45:07
the country without any due process
45:09
as well. And their
45:11
allegations made, their terrorists, there's
45:13
no evidence that they are terrorists. If
45:16
they wear a tattoo, they're said that proves
45:18
beyond reasonable doubt that they must be terrorists.
45:21
The courts have pushed back against
45:23
these illegalities, but the idea of
45:25
an impeachable offense is that you
45:27
don't have to wait until a
45:29
president has actually committed a crime.
45:31
As George Mason said at the
45:33
Constitutional Convention, attempts to subvert the
45:35
constitutional order. are sufficient to trigger
45:37
impeachment. It's prophylactic as well as
45:39
remedial. And these are clear efforts
45:41
to destroy the entire concept of
45:43
due process. Tell us in terms
45:45
of not faithful to the execution
45:47
of laws, he's totally wrecking or
45:49
shutting down whole agencies. Give us
45:51
the names of some of these
45:53
agencies. All the firings and
45:55
the cessation of law enforcement. Openly.
45:58
The one thing I want to, before
46:00
I go there Ralph, let me just
46:02
explain why. The issue of due process
46:05
isn't limited to immigration. The rationale that
46:07
President Trump has given and was noted
46:09
by a federal court of appeals judge
46:12
would enable him to deport you, me,
46:14
anybody on this program, anybody watching this
46:16
program and say, well, we made an
46:19
error. It's too late. We can't help
46:21
it. So there's no firewall that prevents
46:23
this violation of due process and immigration
46:26
context from migrating over to any US
46:28
citizen for any reason whatsoever. But to
46:30
go to your larger point, Yes, the
46:33
president has an obligation to faithfully execute
46:35
the laws that created such agencies as
46:37
the Voice of America, the Consumer Financial
46:39
Protection Bureau, the Department of Education, the
46:42
U .S. Agency for International Development, and
46:45
Mr. Trump has just dismantled all of
46:47
them. Sometimes he's done it by just
46:49
telling the staff, you just leave, no
46:51
show up for work. Others, he's actually
46:54
attempting to defy them. Others, he simply
46:56
stopped spending money. courts have uniformly said
46:58
these efforts are arbitrary, capricious, and they
47:01
blocked him. But the effort is obviously
47:03
there. He again goes
47:05
into court and says, we
47:07
gave individualized consideration, no
47:09
to firing thousands of employees, which they
47:12
couldn't possibly have done because they don't
47:14
even have the manpower to do that.
47:16
Again, it's a very, very severe undermining
47:18
of the judicial process because we no
47:21
longer can count on anything from Trump
47:23
lawyers from being truthful. Now, I practice
47:25
law regularly in the court system, and
47:28
there's an unwritten rule that even when
47:30
you're not under oath, if you're a
47:32
lawyer, the judge and your opponent expect
47:34
you to be telling the truth. Now,
47:38
you cannot rely upon that anymore with
47:40
the Trump administration, which is another reason
47:42
why the judicial system is very precarious
47:44
now, because the Trump people are lying
47:46
and then they're saying, you have to
47:49
accept our lies as gospel. We won't
47:51
even let you look at what we're
47:53
saying is true. and proving it false
47:55
will claim executive privilege or something like
47:57
that. But going back to the issue
47:59
of a faithful execution of the laws,
48:02
it's not just shutting down programs. He
48:04
just decided on day one, you know,
48:06
I really don't want to shut down
48:08
TikTok. Even Congress gave it a respite
48:10
to find a buyer. I'll just decide
48:12
not to enforce the law against TikTok.
48:15
Then he decided, I don't really like
48:17
the foreign corrupt practices act. I think
48:19
handicaps have been competing abroad. So we're
48:21
just not going to force the foreign
48:23
corrupt practices act. there's so many laws
48:25
that he's already decided he's not to
48:28
enforce it's hard to keep up and
48:30
then we discussed earlier Ralph with regard
48:32
to regulations that have been issued by
48:34
his own administration or previous ones instead
48:36
of going through the legal process of
48:38
revoking the regulations if you can prove
48:41
they're unwarranted he just says i'm going
48:43
to tell the agencies just don't enforce
48:45
the regulations anymore this this is industrial
48:47
scale impeachable offenses Which is why it's
48:49
legitimate and accurate to call what is
48:51
building as a fascist dictatorship, because he's
48:54
going after people programs, service programs for
48:56
people in need, people who have necessities
48:58
in life unmet, the disabled, the poor,
49:01
meals on wheels, head start, consumer
49:04
protection, exposure to toxic
49:06
pollutants, worker safety, trying
49:08
to head off pandemics. trying to do
49:11
something about climate violence. But there's a
49:13
whole area which he says, take it
49:15
over. And that's corporations. He's
49:18
not going after corporate crime,
49:20
which is a perilously shredding
49:22
a lot of programs through
49:24
fraud from the Defense Department
49:26
to Medicare. Fraud on Medicare
49:28
is tens of billions of
49:30
dollars a year. And he's
49:32
not going after corporate welfare,
49:34
because he's been a beneficiary
49:36
as well as felon muskazz
49:38
in their businesses. He is
49:40
stopping the prosecutions and the
49:42
regulatory enforcement against Musk's far
49:44
-flung corporate empire that were
49:46
pending under Biden. Those things
49:48
have been frozen. And
49:51
he's opening up his own self
49:53
-enrichment with cryptocurrency deals openly, inviting
49:55
him to dinner and greasing the
49:57
wheels, and opening the doors for
49:59
enriching Musk's corporations from Tesla to
50:01
SpaceX and Starlink. as the clinical
50:03
definition of fascism. I just point
50:05
out a couple of things. One,
50:07
Ralph, the self -enrichment that you
50:09
pointed out, that's a violation of
50:11
the domestic emoluments clause. He basically
50:13
is using the White House to
50:15
supplement his salary. That's not supposed
50:17
to happen. You want to make
50:19
sure the president, and part of
50:21
this is the power of the
50:23
purse that Congress has in setting
50:25
the president's salary, is only receiving
50:27
compensation from his work as president.
50:29
And now he's gets subsidiary benefits
50:31
either directly or through his kids
50:33
who own all these properties and
50:35
hotels and all these people who
50:37
want to lobby and curry favor
50:39
with Trump. They obviously know they
50:41
have to patronize all these businesses
50:44
as he takes a daily look
50:46
at who's paying the $1 ,500
50:48
per room at the Trump hotels
50:50
or the golf clubs or things
50:52
like that. But just the other
50:54
point you're making Ralph about is
50:56
cutting programs that are really critical
50:58
to many people's lives. There's a
51:00
story today. Those workers who are
51:02
processing black lung disease claims by
51:04
minors who are almost impossible to
51:06
to be mobile anymore. Trump had
51:08
fired them all. So
51:10
the people who are supposed to
51:12
be benefiting from the government program,
51:14
at least to provide an offshoot
51:16
what the companies made when they
51:18
are mining coal and giving the
51:20
miners all these horrible lung diseases,
51:23
he fired all the workers. So
51:25
it shows you how cruel and callous
51:28
this president is. It also shows that
51:30
the Democrats and a lot of liberal
51:32
economists are not keeping up with the
51:34
horror show that's going on. They don't
51:37
use words like cruel and vicious. They
51:40
don't turn Trump's words like
51:42
deranged, crazed, corrupt
51:44
on him. They're still
51:46
using words like authoritarian practices or
51:48
problematic or distressing or disconcerting or
51:50
concerning. They're not catching up with
51:52
the horror show here. That's why
51:54
Trump continues to have a soliloquy.
51:56
The Democratic Party now having gatherings
51:59
to see how are they going
52:01
to collectively deal with Trump? How
52:03
does the bank deal with a
52:05
bank robber? They let the bank
52:07
robber rob the bank and flee
52:09
with the gold while they deliberate
52:11
how they're going to deal with
52:13
a bank robber they see coming
52:15
into the bank. So how are
52:17
you going to get your articles
52:19
of impeachment introduced by a Democratic
52:21
Party that's just feeble? Well, it's
52:23
hard. I mean, Al Green, we
52:25
had discussed earlier, pledged that today
52:27
was the last day that he
52:29
had agreed that he was going
52:31
to submit articles of impeachment, but
52:34
I haven't seen anything. Unfortunately, he
52:36
tried to engage his office, but
52:38
it's like talking into a black
52:40
hole. So you have some people
52:42
who from one day or another
52:44
will stand up and say something,
52:46
but there's no follow -up. There's
52:48
no consistency here. So how do
52:50
we get them introduced? Only if
52:52
the American people take a look
52:54
at it. on my website on
52:56
your website and call in the
52:58
congress say we want those articles
53:00
introduced if the american people insist
53:02
it will happen that's how it
53:04
happened in watergate it can happen
53:06
again but if you're indolent and
53:09
passive it isn't going to happen
53:11
they understand only one thing threat
53:13
to their office because you're not
53:15
voting watergate referring to the watergate
53:17
scandal which is pretty small compared
53:19
to the impeachable offenses affecting hundreds
53:21
of millions of people here and
53:23
abroad by the Trumpster gang. But
53:25
you do expect that Al Green
53:27
to soon introduce these articles in
53:29
impeachment. And you had
53:31
Jimmy Raskin tell you that it would
53:34
be a good idea to have an
53:36
informal Democratic hearing in the House on
53:38
impeachment. And there's probably two, three dozen
53:40
who will sign on progressive Democrats right
53:43
at the beginning. And that's the way
53:45
to get the ball rolling because what's
53:47
the only tool left to hold Trump
53:49
accountable that he doesn't control. Yeah, it's
53:52
impeachment. The courts don't interfere, the executive
53:54
branch has no rule, and that's why
53:56
the Frounding Fathers thought impeachment, as Ben
53:59
Franklin said. It's the civilized surrogate for
54:01
tyrannicide. That's how those are your words
54:03
used by Ben Franklin. You have a
54:05
trial, but if you're wrongdoing, it's like
54:08
firing the CEO, and I keep repeating
54:10
it like a broken record. There's so
54:12
much misunderstanding to think that impeachments like
54:14
the guillotine and the French revolution. It's
54:17
not. It isn't even come close. It's
54:19
just like firing a CEO. No
54:21
one thinks if CEO is fired, that
54:24
means we have a revolution against July
54:26
4, 1776. So we got to downplay
54:28
this idea that somehow we're giving up
54:31
our rights as free people and we're
54:33
returning to a bloodshed in the street
54:35
if you do impeachment. You don't. This
54:37
a civilized way. You take evidence. You
54:40
have an opportunity to respond and you
54:42
vote. That's the civilized way in which
54:44
you deal with wrongdoing. Okay, let's say
54:46
some of our interested listeners want a
54:49
copy of your impeachment articles so they
54:51
can spread the word back home, summon
54:53
the members from Congress to a town
54:55
meeting on impeachment, and send the copies
54:58
of the impeachment articles to the senators
55:00
and representatives. Give us your website. Yeah,
55:03
so there are two places.
55:05
One, you could get it
55:07
on my sub -stack account
55:10
that's bruce .find at sub
55:12
-stack .com. or at my
55:14
website, which is www .lawofficesabrucevine
55:16
.com. And you can easily
55:18
download them and send them
55:21
in. And it's not
55:23
the dystopia listener from calling the local
55:25
office of your member of Congress, which
55:27
tends to be a little more receptive
55:29
than the congressional office in Washington, and
55:32
ask them if they've read these
55:34
articles of impeachment and whether they're
55:36
going to take a stand on
55:38
it. On that note, thank you
55:40
very much, Bruce Fine, for further
55:43
enlightening and galvanizing our listeners. And
55:45
so start talking up impeachment. Use
55:48
the 22 impeachment articles, listeners. Send
55:50
them to your members of Congress
55:52
and demand town meetings on them.
55:54
There's no better time to start
55:57
than now, and Trump will keep
55:59
fueling the fires of impeachable offenses.
56:02
You can be sure of that. Thank you, Bruce
56:04
Fine. Thank you very much, Ralph. I
56:06
want to thank our guest again today, Eric
56:08
Payne and Bruce Fine. For those
56:10
you listening on the radio, that's our show
56:13
for you podcast listeners. Stay tuned for some
56:15
bonus material we call the Wrap Up, featuring
56:17
Francesco DeSantis, with, in case you haven't heard,
56:20
a transcript of this program will
56:22
appear on the Ralph Nader radio
56:24
hour, substack site, soon after the
56:26
episode is posted. Subscribe to us
56:28
on our Ralph Nader Radio Hour
56:30
YouTube channel. And for Ralph's weekly
56:33
column, it's free, go to nader
56:35
.org. For more from Russell Moe
56:37
Kiber, go to corporateprimereporter .com. The
56:39
American Museum of Tort Law is going
56:41
virtual. Go to tortmuseum .org to explore
56:43
the exhibits, take a virtual tour, and
56:46
learn about iconic tort cases from history.
56:48
And remember to continue the conversation after
56:50
each show. Go to the comments section
56:52
at ralphnaderradiohour .com and post a comment
56:54
or question on this week's episode. The
56:57
producers of The Ralph Nader Radio
56:59
Hour are Jimmy Lee Wirt, Hannah
57:01
Feldman, and Matthew Marin. Our executive
57:03
producer is Alan Minsky. Our
57:05
theme music stand -up rise -up was
57:07
written and performed by Kemp Harris, our
57:10
proofreader is Elizabeth Solomon. Join us next
57:12
week on The Ralph Nader Radio Hour.
57:14
Thank you, Ralph. Thank you,
57:16
everybody, and join me with reading my
57:18
new book. After all, I write it
57:20
to be read. It's called Civic Self
57:22
-Respect. and it applies to
57:24
everybody. Very personal, very
57:27
constructive. Hi,
57:29
this is Jimmy Lee Wirt and welcome to
57:31
The Wrap Up. First up,
57:33
we continue our conversation with
57:35
patriotic millionaires co -founder Erica
57:37
Payne. Erica, people would
57:40
want to know how many multimillionaires
57:42
or billionaires belong and how big
57:44
is your staff in downtown Washington?
57:46
Yes, so we have a few
57:48
hundred millionaires in the US. We
57:51
have millionaires in the UK. We
57:53
have a chapter in the UK
57:55
now, and we will be announcing
57:57
another international chapter formally here in
57:59
the next week or two. So
58:01
we have what started as essentially
58:04
a petition signed by 56 millionaires
58:06
has become a global movement of
58:08
millionaires demanding a change to the
58:10
global financial system that includes substantially
58:12
higher taxes on themselves. We've
58:15
got about 20 staff people in
58:17
Washington. We have a few,
58:19
well we actually have them all over
58:21
the country, but we have about 20
58:24
staff people for our operation here in
58:26
the U .S., a few staff people
58:28
in the U .K. and one staff
58:30
person in our next international location that
58:32
will announce relatively soon. We've had about
58:35
a thousand billionaires from around the globe
58:37
from 66 different countries join us in
58:39
some of the actions that we've taken.
58:41
So every year we host a Davos
58:44
protest and about a thousand multi -millionaires
58:46
have joined that call to tax the
58:48
Uber rich at that gathering of Davos.
58:50
We have two members who are billionaires.
58:53
My question is about
58:55
one aspect of the
58:57
oligarchy and that is
58:59
the nonprofit industrial complex,
59:01
private foundations, the
59:03
boards of other nonprofits, their
59:06
places for the ultra -rich to park
59:08
their money and also to exercise soft
59:10
power. If you buy into a nonprofit
59:12
board, you sit on the board
59:15
and you get to dole out charity. Looking
59:17
at America 250, I
59:19
didn't see anything in the Anti
59:22
-Ola Garky Act about things like
59:24
private foundations or strategies to stop
59:26
that element of people hiding their
59:28
money and avoiding taxes. Did
59:30
you speak to that? Yeah, Hannah, I
59:32
think that's a very valid critique.
59:34
The charitable sector of our
59:37
society, the 501c3 tax deduction portion
59:39
of our economy is a vehicle
59:41
that has been abused to say
59:43
the very least. And there are
59:45
organizations of people who run all
59:47
the charities that work very hard
59:49
to make sure they don't get
59:52
reformed. We just didn't put it
59:54
in our agenda. We work on
59:56
it as kind of a secondary
59:58
matter with some great partners at
1:00:00
the Institute for Policy Studies and
1:00:02
other places like that. But what
1:00:04
we wanted to include in the
1:00:06
money agenda, so it's America 250,
1:00:09
the money agenda, just the money,
1:00:11
we wanted to focus on the
1:00:13
very most important things to do
1:00:15
first. The charity reform is definitely
1:00:17
an essential piece of this. And
1:00:19
that's another piece, though, where we've
1:00:21
got folks on both the left
1:00:23
and the right who are not
1:00:26
helpful with that endeavor. Next
1:00:28
up, Steve, Hannah and David carry
1:00:30
on our conversation with Bruce Fine.
1:00:33
I actually have a question. Bruce, after
1:00:36
Watergate, after the Nixon presidency, there
1:00:38
was a spate of legislation meant
1:00:40
to rein in executive power. Assuming
1:00:43
we get Trump to leave office
1:00:45
in 2028, what should
1:00:47
the legislature do in this
1:00:49
case to rein in executive
1:00:51
power? What laws should be
1:00:53
passed? I do not
1:00:55
believe that... there need to be
1:00:57
any new laws. They need to
1:01:00
be enforced. That's what it is.
1:01:02
Right now, the laws are not
1:01:04
being enforced. Let me give you
1:01:06
one example, Steve. Congress has the
1:01:08
power of contempt that they've not
1:01:10
exercised in decades, meaning that they
1:01:12
can hold president or any of
1:01:14
minions in contempt, find them, even
1:01:16
jail them if they do not
1:01:19
respond to a subpoena or testify.
1:01:21
And we know that secrecy is
1:01:23
the child, it's the mother of
1:01:25
all wrongdoing. Congress
1:01:27
could force and enforce these obligations by
1:01:29
contempt. If they subpoenaed and we need
1:01:31
to know what's going on in the
1:01:34
executive, why did we not even know
1:01:36
we're at war with the Houthis until
1:01:38
the signal blunder by Hengseh? These are
1:01:40
great. Where is all this money going
1:01:42
into Gaza? Why are we sending weapons
1:01:45
to Israel? It's violating the lay. You
1:01:47
have to respond. Now there is no
1:01:49
congressional oversight at all. And the reason
1:01:51
in part is because the executive knows
1:01:53
they don't have to show up and
1:01:55
nothing will happen to them. One of
1:01:58
the articles of impeachment voted against Richard
1:02:00
Nixon by the House Judiciary Committee was
1:02:02
he defied a subpoena. So they say,
1:02:04
and if once that impeachment happens, don't
1:02:06
worry, they won't defy subpoenas anymore. But
1:02:08
the oversight function of Congress is more
1:02:11
important than the actual passing of legislation.
1:02:13
You have to make the government transparent,
1:02:15
and that'll deter all of the wrongdoing,
1:02:17
you will. And that's why people are,
1:02:19
they're worried about the side hearses out
1:02:22
there, you know, more than Congress these
1:02:24
days. I don't think, Steve, that you
1:02:26
need new law. I mean,
1:02:28
we've had the War Powers Resolution that's
1:02:30
been unenforced for almost 50 years. Congress
1:02:32
doesn't do anything when they're violated. In
1:02:35
the first term, Steve, Trump
1:02:37
defied over 125 congressional subpoenas,
1:02:39
and the committees who issued
1:02:41
the subpoenas didn't move the
1:02:44
site in for contempt. Yes,
1:02:46
even remember what Ralph is saying. You
1:02:49
remember the January 6th Commission, right? They
1:02:51
issued subpoenas. to Mike Pence and members
1:02:53
of Congress who are talking with Trump
1:02:55
about how they could overturn the election.
1:02:57
They were ignored and the January 6th
1:02:59
Commission did nothing. They didn't even call
1:03:01
Mike Pence as a witness, who's the
1:03:04
one with the smoking gun said he
1:03:06
told me to choose between the Constitution
1:03:08
and him when he's counting the electoral
1:03:10
votes. No subpoena, nothing. David.
1:03:13
A week after 9 11,
1:03:15
Congress approved the authorization for
1:03:18
the use of military force,
1:03:20
giving any president. carte blanche
1:03:22
to fight the global war
1:03:25
on terror. That is a
1:03:27
24 year old resolution. I
1:03:30
believe it's been renewed. And
1:03:32
it's what the Pentagon
1:03:34
cites and its attacks
1:03:36
on the hoodie fighters
1:03:38
in Yemen. So he's
1:03:41
not violating the law. Is he?
1:03:43
He's violating the Constitution. Let me
1:03:45
go back and just add a
1:03:47
few footnotes to your observation. Number
1:03:49
one. It's called the 2001
1:03:51
AUMF Authorization to Use Military Force. It
1:03:53
applies only to anybody who thought to
1:03:55
be connected with a 9 -11 attack.
1:03:58
As far as I know, the Houthis
1:04:00
never were connected. And indeed, they knew
1:04:02
it was limited in some respects because
1:04:04
they came up with a 2002 AUMF
1:04:06
for Iraq. So if 2001 was an
1:04:09
omnibus fight, any war you want, any
1:04:11
time, any place, why do you need
1:04:13
2002? But the second
1:04:15
thing, Steve, is this is not a
1:04:17
declaration of war. There are certain provisions.
1:04:20
that Congress cannot give away. Remember, there
1:04:22
was a line item veto. The Supreme
1:04:24
Court said Congress could not give President
1:04:26
Clinton line item veto. Think
1:04:29
of this possibility, Steve. Congress and
1:04:31
acts of law says the President
1:04:33
shall enact promulgate an internal revenue
1:04:35
code. No, the legislative powers entrusted
1:04:37
the Congress. You just can't say, here, we're
1:04:39
giving it away. And when you think of
1:04:41
the purpose of the declare war clause was
1:04:44
that no one at the Constitutional Convention trusted
1:04:46
a president with deciding on war. the whole
1:04:48
reason why you wanted to force the issue
1:04:50
into Congress because they understood Congress didn't have
1:04:53
any incentive to make up excuses because at
1:04:55
war time they shrink to an ink blot
1:04:57
as I want to say. So Congress cannot
1:04:59
give away the water power. It would be
1:05:01
unconstitutional for Congress to enact the statute saying,
1:05:04
President can go to war anytime he feels
1:05:06
like it and doesn't need to tell us.
1:05:08
That's what makes us unconstitutional. And I don't
1:05:10
even think it's a close question. At the
1:05:13
Constitutional Convention, everyone said you
1:05:15
cannot let the President go to war.
1:05:17
James Madison, the father said, the crown
1:05:19
jewel of the Constitution was entrusting the
1:05:21
war power to Congress, not the president.
1:05:24
And the Congress cannot undo that constitutional
1:05:26
decision by saying, hey, here, just go
1:05:28
ahead and war on your own. Anna.
1:05:31
Bruce, my question is about whether
1:05:34
the Constitution is still as useful
1:05:36
to us as it was at
1:05:38
our founding. We started
1:05:41
with 13 -ish states. We
1:05:43
have a lot more. If we
1:05:45
want to rally a majority, let
1:05:47
alone two -thirds of representatives or
1:05:49
senators, that's a lot more people.
1:05:52
Would it serve the American people
1:05:54
better if articles of impeachment and
1:05:56
you needed a one -third minority,
1:05:59
that a minority opinion to start
1:06:01
to question our executive, you didn't
1:06:03
need to rally hundreds of people
1:06:05
to start the process? Would it
1:06:08
be useful to look into changing
1:06:10
those thresholds? Well, it's a wonderful
1:06:12
question. I think the threshold is
1:06:14
really low. All you need, they're
1:06:16
privileged resolutions in the House side.
1:06:18
You introduce articles of impeachment, because
1:06:21
the real beginning, I believe, is the hearings,
1:06:23
the publicity, the demand that you got to
1:06:26
respond to subpoena, come forth with facts and
1:06:28
evidence. We need to know what you're doing
1:06:30
and why. Now, when it comes to the
1:06:32
actual vote, you need a simple majority. But
1:06:35
I can guarantee you, because I was there
1:06:37
with Ralph every day at the Nixon impeachment
1:06:39
hearings. No, they didn't start out with a
1:06:41
majority. But you started out with the hearings
1:06:44
first, the Senate Watergate Committee hearings, then it
1:06:46
shifted to the House side. And that's the
1:06:48
key. And just to have a hearing, you
1:06:50
don't need a threshold like a majority whatsoever.
1:06:53
But to show you how things have fallen,
1:06:55
and this is, I saddled in part on
1:06:57
Nancy Pelosi in 2006. I was working with
1:06:59
John Conyers to open impeachment hearings on Bush
1:07:02
Cheney, all the violations of the surveillance provisions,
1:07:04
the lies about Iraq and otherwise.
1:07:07
And he was ready to have
1:07:09
hearings on impeachment. Nancy Pelosi approached
1:07:11
them and said, you can't do
1:07:13
that because it could impair our
1:07:15
election chances in 2008. She's thinking
1:07:17
that the Clinton gave impeachment a
1:07:19
bad name. And so she stopped
1:07:21
them from holding impeachment here. So
1:07:23
Congress has got to get on
1:07:25
the ball here. They cannot
1:07:27
substitute their own political ambitions for destroying
1:07:29
and lighting a match to the Constitution,
1:07:31
which that's just one example that happened
1:07:34
in 2006. Unfortunately, there are other war
1:07:36
stories I could tell. Ralph probably has
1:07:38
his own. But we're ready to go
1:07:40
forward. You don't need a super or
1:07:42
even a majority just start the hearing
1:07:45
process, which is the key transparency. And
1:07:47
once members of Congress see their
1:07:49
political skin or Trump, they will
1:07:52
choose their political skin and turn
1:07:54
on Trump just the way the
1:07:56
Republicans did on Richard Nixon in
1:07:58
1974. The one thing
1:08:00
we didn't get to, and this is,
1:08:02
and I'm sure it is going to happen,
1:08:05
this is Trump flirting with an executive
1:08:07
order repealing the 22nd Amendment and running it.
1:08:09
It looks crazy now, but we're dealing
1:08:11
with somebody who's completely deranged. I
1:08:13
mean, his mega crowd is certainly
1:08:15
supporting that. He already is selling
1:08:18
2028 hats. What if
1:08:20
there was just like a standing
1:08:22
impeachment subcommittee? Listen, that's a wonderful
1:08:24
question. I have proposed to Congress.
1:08:27
I wrote a bill. You need
1:08:29
a committee on impeachable. And I
1:08:31
drafted what I would call Hannah.
1:08:33
the congressional resolutions defining with more
1:08:35
granularity than the constitution says high
1:08:38
crimes and misdemeanors. Specific things that
1:08:40
the president can do an inexhaustible
1:08:42
list. You do these things, these
1:08:44
are impeachable offenses and have a
1:08:47
committee with jurisdiction over this resolution,
1:08:49
you know, articulating impeachable offenses. They
1:08:51
just didn't go into place. But
1:08:53
it's a wonderful idea. There ought
1:08:55
to be a committee that does
1:08:58
nothing but police constitution for impeachable
1:09:00
offenses and bring it to the
1:09:02
attention of Congress and be able
1:09:04
to have a process. that they
1:09:06
can force a he just always
1:09:09
there, whether or just make it.
1:09:11
I think it's saying it shouldn't
1:09:13
be so s does impeachable things
1:09:15
and of being impeached, they need
1:09:17
job. It'd
1:09:20
be a standi exactly
1:09:22
right. What's so complying
1:09:24
with the constu joint
1:09:26
committee? Well, it's s
1:09:28
supposed to be more impart you
1:09:32
don't want to mix the accuser with the
1:09:34
decider. So it probably makes more sense to
1:09:37
just start out on the house side. See,
1:09:39
we're working it through. This is the committee,
1:09:42
the exploratory committee
1:09:44
for the House
1:09:46
Impeachment Subcommittee. Yeah,
1:09:49
it should be a subcommittee of the House Judiciary
1:09:51
Committee. It'd be an easy way to just add
1:09:53
a subcommittee. I mean, there'd be so much work
1:09:55
and for sure, turning onto this
1:09:57
present. It couldn't do the three -day week.
1:09:59
It'd have to be seven -day week for
1:10:01
that committee or subcommittee. But it's every president.
1:10:03
I mean, it should appeal. You can be
1:10:05
as petty as you want. When you think
1:10:07
about parliament, those fights
1:10:09
on the floor of parliament, poke
1:10:12
at your opponents, poke at the
1:10:14
opposition as much as you want.
1:10:16
Be on your toes, be sharp,
1:10:19
try really hard to be good at
1:10:21
your job. You should always be looking
1:10:23
at any job. High performance matters. And
1:10:27
now it's time for In Case
1:10:29
You Haven't Heard with Francesco de
1:10:31
Santis. At
1:10:33
the 11th hour, Representative Jim
1:10:35
Jordan, chair of the House Judiciary
1:10:38
Committee, pulled his measure to
1:10:40
strip the Federal Trade Commission of
1:10:42
its antitrust enforcement powers and consolidate
1:10:45
those within the Justice Department
1:10:47
Reuters' reports. Quote, the
1:10:49
House panel had included the proposal in
1:10:51
its budget package on Monday. During a
1:10:53
hearing on the package, the committee passed
1:10:55
an amendment that would remove the measure.
1:10:58
Trump's FTC chairman Andrew Ferguson
1:11:00
opposed Dorn's move and intervened
1:11:03
with the White House. As
1:11:05
Reuters notes, the proposal mirrored
1:11:07
the One Agency Act, a Republican
1:11:09
bill that has gotten support from
1:11:12
Elon Musk, which
1:11:14
would effectively repeal the FTC's authority
1:11:16
to sue companies over unfair methods
1:11:18
of competition. which the agency is
1:11:20
using in cases against pharmacy benefit
1:11:22
managers, Amazon and
1:11:25
John Deere." In short,
1:11:28
the FTC's antitrust power survived
1:11:30
today, but there's no
1:11:32
guarantee about tomorrow. Yet,
1:11:35
while avoiding the worst possible outcome
1:11:37
on the corporate crime front, the
1:11:39
Trump administration is still hard at
1:11:41
work going soft on corporate crooks.
1:11:43
Public Citizen's Rick Claypool reports, quote,
1:11:46
two Wells Fargo execs had their
1:11:48
fines reduced by 90 % related
1:11:50
to the bank's accounting scandal by
1:11:53
Trump's office of the Comptroller of
1:11:55
Currency, quote. Claypool links
1:11:57
to a piece in Radical Compliance
1:11:59
which explains that quote David Julian,
1:12:02
former chief auditor at Wells Fargo,
1:12:04
saw his fines cut from $7
1:12:06
million to $100 ,000 and Paul
1:12:08
McGlinko, executive audit director, had his
1:12:10
fines cut from $1 .5 million
1:12:12
to just $50 ,000. Both
1:12:15
Julian and McLinko were part of the
1:12:17
senior leadership team at Wells Fargo in
1:12:19
the 2010s when regulators, quote, charged the
1:12:21
bank with turning a blind eye to
1:12:24
employees opening bank accounts without customer consent
1:12:26
to hit sales quotas. That
1:12:28
misconduct eventually led to a
1:12:30
$3 billion settlement with Wells
1:12:32
Fargo in 2020. Lest
1:12:35
you think the Democrats are in
1:12:37
danger of seriously opposing Trump's policies,
1:12:39
the Bulwark reports that House Minority
1:12:41
Leader Hakeem Jeffries is putting the
1:12:43
kibosh on the recent spate of
1:12:45
Democrats' trips to El Salvador, exposing
1:12:47
the reality of the CCOT deportation
1:12:49
scheme. This report alleges that,
1:12:51
quote, Cory Booker and the Hispanic caucus
1:12:53
were planning to go to El Salvador,
1:12:55
end quote, but are no longer. Perhaps
1:12:58
worse, Jeffries is not giving clear marching orders
1:13:00
to the party rank and file. One
1:13:03
Democrat is quoted saying, as a member of
1:13:05
a party, you need to be disciplined. They
1:13:08
say, get on a plane, don't get on a plane, that's what
1:13:10
you do. Nine times out of
1:13:12
ten, you do what they ask. You can't
1:13:14
take that approach if you're not having regular
1:13:16
communications. You have to be
1:13:18
clear in messaging what the plan is, and you
1:13:20
have to do that regularly if you want to
1:13:22
keep people in line. This
1:13:24
is just another example of
1:13:26
Jeffrey's weak and indecisive leadership
1:13:29
of the caucus. Advocates
1:13:31
are having more luck resisting the
1:13:34
administration's overreach in court. On
1:13:36
Wednesday, Mohsen Madawi, the Columbia student,
1:13:38
faced with deportation after being lured
1:13:40
into an ice trap with the
1:13:42
false promise of a citizenship test,
1:13:45
was freed by a federal judge,
1:13:47
Politico reports. After the
1:13:49
judge ordered his release, Madawi told the press,
1:13:51
quote, I'm saying it clear and loud. To
1:13:53
President Trump and his cabinet, I'm
1:13:56
not afraid of you, end quote. Madawi's
1:13:58
ordeal is not over, but he
1:14:00
will remain free while his case
1:14:02
winds its way through the courts
1:14:04
and a previous order blocked the
1:14:06
administration from changing venues, meaning the
1:14:08
case will proceed in the relatively
1:14:10
liberal Second Circuit. Mahmood
1:14:13
Khalil also scored a major legal victory
1:14:15
this week. The Huffington Post reports that
1:14:17
the ICE agents sent to arrest Khalil
1:14:19
did not, contrary to their false claims
1:14:22
in court, have an arrest warrant. Amy
1:14:24
Greer, a lawyer for Khalil, is quoted
1:14:27
saying, The
1:14:31
ACLU also
1:14:35
defending Khalil
1:14:38
has now
1:14:42
moved for
1:14:46
this case
1:14:49
to be
1:14:53
dismissed. Despite
1:14:56
these victories though, the repression of
1:14:59
anything pro -Palestine continues. At
1:15:01
Yale, Promtaka reports hundreds of students
1:15:03
protested in advance of a speech
1:15:05
by Itamar Ben Gvir, Israel's radical
1:15:08
national security minister, who has previously
1:15:10
been arrested many times for inciting
1:15:12
racism and supporting pro -Jewish terrorism
1:15:14
in Israel itself. Yet
1:15:17
the university responded by, quote, stripping
1:15:19
the school's Students for Justice in
1:15:21
Palestine chapter of its status as
1:15:23
an official student group, end
1:15:25
quote. If students cannot
1:15:28
even protest Ben Gavir, what will
1:15:30
the college's regard as legitimate protests
1:15:32
of Israel? In
1:15:34
Yemen, Ryan Grimm reports on counterpoints
1:15:36
that the Trump administration has been
1:15:39
targeting strikes against the Houthis using
1:15:41
data gleaned from amateur open source
1:15:44
intelligence or OSINT accounts on X,
1:15:46
formerly Twitter. Unsurprisingly, these
1:15:49
are completely inaccurate and have led
1:15:51
to disastrous strikes on civilians' homes
1:15:53
and incorrectly identifying them as quote
1:15:56
-unquote Houthi bases. One
1:15:58
of these accounts is based in Houston, Texas
1:16:00
and another as far away as the Netherlands.
1:16:03
According to a new World Bank
1:16:06
report, Mexico reduced poverty more than
1:16:08
any other Latin American country between
1:16:11
2018 and 2023. Not
1:16:13
coincidentally, this lines up almost perfectly
1:16:15
with the AMLO years in Mexico,
1:16:17
which saw a massive increase in
1:16:19
the Mexican minimum wage along with
1:16:21
other social rights and protections. These
1:16:24
policies are now being taken forward by
1:16:26
AMLO's successor Claudia Scheinbaum, whose
1:16:28
popularity has now surpassed even that of
1:16:31
her predecessor, her Bloomberg. In
1:16:35
Australia, Virginia Jeffery, the
1:16:37
most outspoken accuser of Jeffery
1:16:39
Epstein and Glenn Maxwell, has
1:16:42
passed away at the age of 41,
1:16:44
BBC reports. Police concluded
1:16:46
that Ms. Jeffery died by suicide,
1:16:48
and her family released a statement
1:16:51
indicating that, quote, the toll of
1:16:53
abuse became unbearable, end quote.
1:16:56
Yet, her death was preceded by a bizarre
1:16:58
chain of events. On March
1:17:00
31st, the BBC reported that Ms. Jeffrey's
1:17:02
car collided with a school bus, sending
1:17:04
her into renal failure, with her doctors
1:17:06
saying she had, quote, four days to
1:17:09
live. The Miami
1:17:11
Herald also reported, quote, at the time
1:17:13
of her death, Jeffrey had been in
1:17:15
a contentious divorce and child custody battle with
1:17:17
her husband, Robert. The
1:17:20
family statement continued, the death is
1:17:22
being investigated by major crime detectives,
1:17:24
but early indication is the death
1:17:26
is not suspicious. And
1:17:28
quote, one can only
1:17:31
hope more details come to light. Finally,
1:17:35
in a different kind of bizarre story, embattled
1:17:37
incumbent New York City Mayor Eric Adams,
1:17:40
who's already given up on the Democratic
1:17:42
primary and was running for reelection as
1:17:44
an independent, will now appear
1:17:46
on two new ballot lines, end
1:17:48
anti -Semitism and safe and
1:17:51
affordable, political reports. Adams
1:17:54
has gone to great lengths to cultivate and maintain
1:17:56
his support in the Orthodox Jewish community in New
1:17:58
York and is seeking to highlight his strengths
1:18:00
undercut former Governor Andrew Cuomo. Apparently,
1:18:04
Adams only needs to secure 3 ,750
1:18:06
signatures from voters by May
1:18:08
27 for each of these ballot
1:18:10
lines, a shockingly low
1:18:12
threshold for the large city in America. These
1:18:15
ballot lines will appear without spaces, coming
1:18:18
in just under the wire with
1:18:20
the city's 15 character limit on
1:18:22
ballot lines. This
1:18:25
has been Francesco De Santis, but
1:18:27
in Case You Haven't Heard. And
1:18:30
that's a wrap. Join us next
1:18:32
week on the Ralph Nader Hour. Until
1:18:34
next time.
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