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Sunday, November 17, 2024

Dealing With Government Repression
November 15, 2024
Source: Originally published by Z. Feel free to share widely.


Art by Jacob Lawrence


“Ultimately, what I have learned is that government repression can have a disruptive impact on our work, but we can turn a negative into a positive. The extent to which we can creatively, intelligently and fearlessly demonstrate the truth of what we are about when responding to what they are doing to us is the extent to which we will strengthen and build our movement.”

-from my book, Burglar for Peace: Lessons Learned in the Catholic Left’s Resistance to the Vietnam War.

(Much of what follows is an edited version of a section in the concluding chapter of the Burglar for Peace book.)

My first years of progressive activism and organizing took place during the presidency of Richard Nixon, without doubt one of, if not the, most repressive Presidential administrations we have experienced in the US in the modern era. It was under Nixon that the Republican Party with its “southern strategy” began its move toward becoming the kind of ultra-rightist entity that allowed pathological liar, racist and sexual predator Donald Trump to be elected President in November of 2016, and again two weeks ago.

During Nixon’s first term, from 1969 to 1973, he oversaw the use of government agencies to attempt to destroy groups like the Black Panther Party and Young Lords, including armed attacks by police leading to deaths. Newly-enacted conspiracy laws were used to indict leaders of the peace movement and other movements. An entirely illegal and clandestine apparatus was created to sabotage the campaigns of his political opponents in the Democratic Party, leading to the midnight break-in at the Watergate Hotel. This eventually led to the exposure of this apparatus and Nixon’s forced resignation from office in 1974.

I personally experienced this repressive apparatus primarily via my inclusion as a defendant in the Harrisburg 8 case. We were charged with a supposed anti-Vietnam War conspiracy to kidnap Henry Kissinger and blow up heating tunnels under Washington, DC. When the case finally came to trial, the jury in conservative Harrisburg, Pa. was hung 10-2 for acquittal, after which the Nixon government dropped the case.

I learned during those Nixon years about how to deal with government repression. Unfortunately, given the reality of a second Trump administration about to take power, these are lessons very relevant for today.

There are a number of things which are essential to successful resistance to government repression. When I say “successful” I don’t mean that there won’t be casualties on our side, people behind bars, some for months or years, or people physically attacked and injured or worse, or job losses or greater economic hardship. We need to accept that under a Trump/MAGA regime this is all likely.

Several things which can lessen all of those negatives are these:

-good legal representation in court. I was glad to see the ACLU’s strong public statement about planning to do their job, and there are many other movement groups, like the National Lawyers Guild, and lawyers that I expect will do the same.

-a loving community of support. This can be within an organization, within the local area where we live, via social media or other forms of communication, and/or just within a family. We all need to do our best to help foster and strengthen these necessary support networks.

-broad community support when repression happens. If people and groups that are attacked, in whatever way, are not seen as, or do not come to be known as, honest and genuine human beings trying to be a positive force, it is going to be hard to rally and manifest the breadth of support probably necessary. Indeed, if we are such people already, attacks on us can immediately or over time serve to undercut support for the repressors, strengthen our movement of movements.

Another critical aspect is the need for us, white progressives in particular, to internalize the reality that there is a disparity between how repressive government deals with people of color, Black, Latino/a, First Nation and Asian, compared with people of European descent, white people. The historical realities of broken treaties, slavery, Jim Crow segregation, assumed white dominance and institutionalized racism continue to have their negative, discriminatory impacts. In 2024 it was manifested primarily by Trump’s repeated attacks on and threats to people of color immigrants.

Also, clearly, transgender people are right up there at the top of MAGA’s enemies list.

Those of us of European descent as well as all progressives must be conscious of these realities and act accordingly, ready to speak up and challenge unequal, discriminatory or explicitly racist, sexist and transphobic words and actions whenever they happen.

Another lesson as far as dealing with government repression is to not let it paralyze or divide organizations or movements.

This is one of the objectives of unjust governments trying to repress those who challenge its policies and practices. It is a known fact that government infiltrators are trained to look for differences within a group or movement and make efforts to deepen and harden them. That is why we need to be about the continued development of a movement culture which is respectful and healthy. Within such a cultural environment, it is much harder for people trying to create divisions to succeed.

It’s similar in regards to agent provocateurs, people who try to get others to engage in violent speech or action toward police or others representing government.

Anger against injustice and oppression is not just legitimate; it is a necessary component of successfully building a movement for real change. But anger needs to be used in a disciplined way. Those who are quick to call cops “pigs” to their face, engage in physical violence, or in other ways display anger negatively, ways which will be used to discredit and isolate us, are either government/corporate agents or are people who need an intervention. They need to be taken aside and spoken to in a direct, to-the-point and loving way about the counter-productiveness of what they are doing.

It’s a drag that we’re on the defensive on a national level and will be for at least a couple years to come, but that’s where we are. There are so many issues that we won’t be able to move forward on nationally, the deepening climate emergency being a huge one imho. But in this time of testing we owe it to the best within us and to those coming after us to stand as strong and gentle and loving as we can as we go about our essential work and activism. Generations past have pointed the way for us, and generations to come are counting on us.

Ted Glick has been a progressive activist and organizer since 1968. He is the author of the recently published books, Burglar for Peace and 21st Century Revolution, both available at https://pmpress.org . More info can be found at https://tedglick.com.

The Trump White House Money Laundry


 November 15, 2024

Finally the Democrats are getting the word. Before the presidential election, I didn’t hear a dicky-bird from anyone about how Kamala Harris would lose for not addressing inflation, planting mines along the southern border, reaching out to young men or soccer moms, or making her case (without a lot of abortion bumper stickers) to Latinos who are already in the country.

Now I cannot walk past a phone, laptop, or television without hearing from a Democratic poobah—usually it’s James Carville riffing in his Cajun accent, although sometimes it’s Jen Psaki on MSNBC—listing all the reasons why Harris lost.

“She didn’t go on Rogan…she failed to come to Jesus on Gaza…too many kids skipped off happily to grade school only to come home the opposite sex…” I am sure you have heard it all.

Prior to the election, all that mattered was that she wasn’t either Donald Trump or Joe Biden. Now all that matters is how you can buy a piece of Donald Trump.

* * *

The same day that Trump won back the presidency—November 5—his own Hole-in-the-Wall gang running Trump Media and Technology Group (TMG or just Trump Media) released its third quarter results and other SEC filings, proving yet again that the presidency only matters to Trump as a get-rich-quick scheme.

Trump didn’t run again for the White House to deal with Ukraine “with one phone call” or so that he could attend endless meetings on Social Security funding reforms. He ran, as he did in 2016, to stay one step ahead of the bailiffs and to rob trains.

In theory, Trump Media should be winding up its business, which, according to its filings, has this stated goal:

The mission of TMTG is to end Big Techs assault on free speech by opening up the Internet and giving people their voices back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations.

Given that Trump has won the presidency and given that he has now appointed Elon Musk, the proprietor of X (emblematic of “Big Tech”), to head up what Trump is calling the Department of Government Efficiency, the reasons to hang on to Trump Media have gone away.

But Trump Media only ever truly had one “mission,” which was to set up a public company under Trump’s control that could act as a drain on his supporters’ cash and allow Trump bag men to use a stock market listing to collect direct “investments” in the new president.

* * *

Don’t kid yourself for a minute thinking that Trump Media is an operating social media business or a going concern.

As of September 30, 2024, Trump Media posted nine-month revenue of $2.6 million, which was down from $3.3 million the year before, but stunning when you consider that the market capitalization of TMTG on that date was about $6 billion and that the company’s accumulated losses for the nine-month period were $363 million.

Plus the SEC filings indicate that the company hasn’t even been paid for the few ads that have run on its social media pages. The report notes: “Unearned revenue of $2,453.5 was recognized as revenue for the nine months ended September 30, 2024…”

So pretty much all of its revenue is fictitious, and the SEC states proudly that TMTG will not divulge traditional measurements (numbers of clients, etc.) of a  social media concern.

Putting the above in layman’s language, the figures means that Trump Media has no paying customers, millions of dollars in start-up losses, no business plan that makes any sense, and a terrible management team consisting of Trump remittance men.

I doubt in the history of Nasdaq if there has ever been a company with a $6 billion market capitalization—and no revenue.

TMTG isn’t even a meme stock; it’s a cryptocurrency issued on the assumption that the likes of Tulsi Gabbard, Robert F. Kennedy Jr. and Matt Gaetz can bring down the American government.

* * *

Trump Media does, however, now have a mountain of cash—close to $700 million, raised by flogging the dubious stock on both the gullible Trump base and directly to heavy hitters who are looking to corner the market of Trump’s presidency.

In exchange for not one dollar of investment capital, Trump was given close to 60% of the company’s outstanding shares.

In other words, Trump’s stake in Trump Media (a company with no earnings and accumulated loses ofclose to half a billion) is worth in today’s market about $3.5 billion. (As Trump’s cultural hero, Al Capone, liked to say: “You can go further with a smile and a gun, than with a smile alone.”)

Even if Trump Media’s stock price were to drop from $29 today to $3.5 (closer to its book or liquidation value), Trump would still have a claim on 60% of the balance sheet cash, about $420 million, again without having invested one dollar of seed capital.

All Trump has ever done for Trump Media is promise to post his social media messages there for six hours. After that, he’s free to post wherever he pleases, including on the site of his Department of Government Efficiency tsar’s social media company, X.

* * *

During the third quarter of 2024, Trump Media raised an additional $339 million through the issuance of its common stock, which is why the company’s management can now boast that it has a “clean balance sheet” with no debt and almost $700 million in cash.

In theory, even a terrible management should be able to invest some of that money in operating businesses that could throw off earnings that pay better than money-market time deposits.

That could be promising if, say, Donald Trump had the investment chops of a Warren Buffett or Charlie Munger and if he was drawn to operating businesses that have good management and are selling at low multiples.

Buffett took the railroad Burlington Northern Santa Fe private for about $44 billion, and since the transaction he has realized more than $50 billion in dividends, while still retaining 100% of the business.

By contrast, in the third quarter Trump Media spent $132 million to acquire an entity called WorldConnect Technologies, LLC (WCT), so that the Trump social media mouthpiece can stream its own television and video content.

I cannot say whether the company paid too much for WCT, but I can say that WCT only has value if Trump Media remains a going concern. If it fails, in any resulting bankruptcy (something Trump does often and well) WCT will be valued at nothing.

* * *

Given that Trump is heading back to the White House and given that Elon Musk (the Dr. Evil of Big Tech when Trump Media was formed), does Trump Media have a role or future other than as Donald Trump’s piggy bank and black bag, through which sketchy oligarchs can buy influence with the incoming American president?

I think not. Where Trump Media shines is as a funnel into the money-hungry soul of Donald Trump.

Until mid-September, Trump’s shares in the company were “locked up” for six months, but since that deadline has passed, Trump has been free to sell his TMTG shares to anyone, including Vladimir Putin, the Saudi royal family, or Kim Jong Un, all of whom might well like, for example, to own 20% of Trump Media for $1.2 billionIn buying his shares, they can pay the money directly to President Donald Trump, and it’s all perfectly legal.

It’s the first time in American history that a president-elect or president has been listed on a major stock exchange.

Of course, another option is for Trump to sell his controlling 58% stake of TMTG to his new government efficiency expert, Elon Musk.

What could be more “efficient” for both Trump and Musk than for Trump to invoice his new best friend $1.2 billion for bringing him into the government in a cabinet-level position? As Bertolt Brecht liked to ask: “What is the robbing of a bank compared to the founding of a bank?”

* * *

The real problem with Kamala Harris wasn’t that she was soft on transgenderism or that she could not control the border. Her problem was that she failed to conceive of the presidency as an initial public offering or leveraged buyout.

Trump ran on the platform that anyone who pays him can find a voice in his administration, and Musk, for example, showed the proper democratic spirit by passing out milliondollar checks on Trump’s behalf in the swing districts of western Pennsylvania. (Only for “little people” is the presidential contribution limit $3,300.)

When Trump talks about bringing back “market efficiency” to government, what he means is that the Trump presidency will be accessible to the highest bidders, and for the moment the most efficient way to settle your accounts with the incoming president is to buy shares in Trump Media (ticker symbol DJT).

After the polls closed, it was clear that Harris never could have won. By about 3 a.m. on November 6, it was evident that the country had its heart set on electing to the presidency a man with 34 felony convictions, adjudications as a sexual offender, pending cases under the sedition and espionage acts, and court judgments for fraud and defamation totaling almost half a billion dollars.

Unless Harris managed to come up with a similarly impressive rap sheet, she was never going to win the presidency. She was running as Sergeant Preston when what the country wanted was Butch Cassidy.

Matthew Stevenson is the author of many books, including Reading the RailsAppalachia Spring, andThe Revolution as a Dinner Party, about China throughout its turbulent twentieth century. His most recent books are Biking with Bismarck and Our Man in Iran. Out now: Donald Trump’s Circus Maximus and Joe Biden’s Excellent Adventure, about the 2016 and 2020 elections.