“WELCOME TO THE PLUTONOMY MACHINE” said the all caps headline in a leaked report by Citigroup to select investors. That Citigroup report was cited as part one of the headlines in the weekly recap of MHVille headlines below. “Our economics team led by Lewis Alexander researches and writes about these issues regularly and they are the experts,” explained that multi-page Citigroup memo to higher-end investors. “The World is dividing into two blocs – the Plutonomy and the rest. The U.S., UK, and Canada are the key Plutonomies – economies powered by the wealthy.” Investopedia explains that a: “Plutonomy refers to a society where the wealth is controlled by a select few and where economic growth becomes dependent on that same wealthy minority.” At the core of a plutonomy are plutocrats. Vocabulary explains that: “A plutocrat is someone who uses their wealth to buy political power. It’s not a compliment, yet plutocrats rule the world. Just ask them.”
If you are curious or probing what’s gone wrong in the U.S.A., or in affordable housing in general, or in MHVille – i.e.: the manufactured housing industry more specifically – and aren’t up to speed on the subjects covered in this Sunday weekly articles and headlines review, then you have not been doing your homework correctly. Nor would you have been reading industry leading MHProNews lately. But don’t sweat it. On this Father’s Day, this recap report will help you catch up pronto.
With plutocrats and the rest of us in mind, this classic Creedence Clearwater Revival (CCR) “Official Music Video” named “Fortunate Son” has had 138 million views. It seems the signs of plutonomy have been around for longer than millions of us were led to think.
Part I
From the WND News Center to MHProNews is the following. Near the close of Richard Blakely’s exclusive is the first part of the headline quote from left-leaning MSNBC’s Joy Reid. Blakely lays out an evidence-based case you may not find in too many places in MHVille, or in enough of the mainstream news, yet he cites the linked evidence.
Moscow is talking. Is Washington listening?
Exclusive: Richard Blakley hammers president for ‘starting another [beep]-ing war’
Thursday 6.13.2024
Wednesday 6.12.2024
Tuesday 6.11.2024
Monday 6.10.2024
Sunday 6.9.2024
Postscript (Part V)
1) From The Center Square to MHProNews is the following report.
Report: America has a fatherhood crisis
Florida investing millions in fatherhood programs
This isn’t a left or right issue, it is facts vs. fiction issue. Former President Obama, per PolitiFact and while he was a senator, said the following to a black church.
“More than half of all black children live in single-parent households, a number that has doubled — doubled — since we were children.” Obama was 46 at the time.
The absence of fathers is important, Obama continued, because “children who grow up without a father are five times more likely to live in poverty and commit crime; nine times more likely to drop out of schools and 20 times more likely to end up in prison.”
Dads – your role is important and being a good father is to be celebrated. Even being a so-so father is routinely better, per the data, than being absent from the lives of children.
2)
From the Daily Torch to MHProNews is the following item teased from today’s headline.
Trump Verdict a Virtual Non-Factor as Americans Prioritize Economy, Border, and Crime – But it Did Rile up Biden’s Base
By Manzanita Miller
The latest CBS News/ YouGov survey highlights just how little of an impact former President Trump’s guilty verdict seems to have on voters’ priorities this fall. According to the poll, Trump’s verdict is significantly less important to a plurality of Americans than a slate of domestic issues including the economy, inflation and immigration. However, President Joe Biden’s voters are increasingly saying their vote this fall will be to block Trump, not to support Biden.
A plurality of Americans (55 percent) say Trump’s verdict is a non-factor for their vote, while just 28 percent say it is a major factor and 17 percent say it is a minor factor according to the survey. In addition, 51 percent of Americans say they view the election in November as a comparison between Trump and Biden, not as a “judgment” about either candidate.
While just 45 percent of Americans say the Trump verdict is a factor in their vote – with 28 percent saying it is a major factor and 17 percent saying it is a minor factor – wide pluralities of Americans rank other issues like crime, the economy, and immigration as priorities.
According to the poll, 96 percent of Americans say economic issues are a factor in their vote this fall, with 81 percent saying the economy is a major factor and 15 percent saying it is a minor factor.
Inflation is the second most important issue with a full 93 percent of Americans citing inflation as playing a factor in November. Seventy-five percent of Americans say inflation will play a major factor in November, while 18 percent say it will play a minor factor. There are very few disparities among Americans who prioritize inflation, but there is a 13-point gap between non-college voters (81 percent) and college educated voters (68 percent).
Crime is also an important factor in November according to the poll, with 90 percent of Americans saying crime is factor in their vote. Sixty-two percent say crime is a major factor and 28 percent say it is a minor factor according to YouGov.
The border is also a major factor in November, with 88 percent of Americans saying immigration will impact their vote in November. Over half (56 percent) of voters say the border is a major factor and 31 percent say the border is a minor factor. Whites (61 percent), Republicans (83 percent) and non-college Americans (69 percent) prioritize the border at the highest rates.
To put the verdict into context, less Americans say the verdict is a major factor in their vote than other relatively low-ranking priorities are. For example, while just 28 percent of Americans say the Trump verdict is major factor in their vote, 37 percent of voters say issues of race and identity are a major factor in their vote and 35 percent say climate change is a major factor. All three minor issues pale in importance for a majority of voters when stacked up against concerns about the economy, inflation, crime, and immigration.
While the verdict has had a negligible impact on a majority of Americans, it appears to have moderately motivated Biden voters to pledge to vote in November in a protest vote against Trump.
Biden supporters appear to be largely not Biden supporters at all – but planning to support President Biden to oppose Trump.
A mere 27 percent of likely Biden voters say they are mainly supporting Biden in November because they like him while 19 percent are supporting him largely because he is the Democratic nominee. The remaining 54 percent are supporting Biden “mainly to oppose Doanld Trump”, according to the poll.
Interestingly, it is white Biden supporters who appear the most furious over the Trump verdict, with a full 62 percent of white Biden supporters saying their vote in November will mostly be an effort to block Trump, compared to just 31 percent of Blacks and 50 percent of Hispanics. There is little difference between the share of college-educated Biden voters (64 percent) and non-college Biden voters (61 percent) who say they are mainly supporting Biden to oppose Trump.
The picture is nearly a mirror opposite among Trump voters, with over half (52 percent) saying they are supporting the former president mainly because they like him, while just 14 percent are supporting him because he is the GOP nominee and 34 percent are supporting him because they oppose Biden.
Among Trump supporters, Millennials (57 percent) and voters over 65 (55 percent) are more likely to be supporting Trump because they like him than Gen X voters (47 percent). However, wide majorities of GOP voters support Trump because they like him.
The other disparity is between non college and college educated Trump voters. Noncollege Trump voters are much more likely to be supporting Trump because they like him (60 percent) compared to college-educated Trump voters (42 percent).
While the prevailing narrative in political circles for several election cycles has been that Democrats are positively motivated by “hope” while Republicans are negatively motivated by “fear”, that doesn’t appear to be the case this November.
Trump’s verdict is of little concern to most Americans but has riled up a share of his opposition. Very few Americans have faith or hope in the way Biden will govern if he is reelected and his supporters are mostly voting for him in an effort to keep Trump out of the White House. A majority of Trump supporters are positively inclined toward the former president, and are supporting him because they like him, not because of Joe Biden.
Manzanita Miller is the senior political analyst at Americans for Limited Government Foundation. ##
Miller and the Daily Torch dig into polling data on a regular basis. Along with Real Clear Politics, and an array of other media, they routinely reflect that Trump leads Biden in most swing states and nationally. Miller has also probed the dissatisfaction of young adults with their current opportunities, a subject that MHProNews has periodically explored for years as it relates to MHVille.
3) MHProNews notes to Miller’s contention that Biden’s “supporters are mostly voting for him in an effort to keep Trump out of the White House” that FEAR is a strategy used to manipulate many, as is the Big Lie, which has historically meant the bold repetition of something as true time and again in order to create an illusion of believability.
Warren Buffett reportedly invests 5 to 6 hours daily in reading. In about 1/12 of that time someone can read a report like this one and walk away with a better understanding of how the world really works, which means that informed readers can then make better decisions.
It is worth mentioning that reader engagement with MHProNews has broadly risen and has been doing so for some time. It was some measure of trepidation that MHProNews tested the waters of longer articles that provided far more facts and then connected the dots between those facts in the analysis portion of a report. Years ago, we asked readers for 10 to 15 minutes a day. Now, some readers may spend 30 minutes, an hour or more on MHProNews. The data is reflected in the results in reports like the one below. Millions of visits annually to read about manufactured home “Industry news, tips, and views pros can use” © in an artificially small industry is something no one else in MHVille focused trade can claim without fingers crossed behind their back.
The site-data indicates those reports are popular too.
4) As some of the reports linked above reflect, MHProNews gives Buffett credit when due, but we are critics of his business, communications, and related political and his related philanthro-feudalistic methods. There is an evidence-based case to be made that Buffett is a white-collar criminal. If that might seem ‘out there’ for say a first-time reader, not too long before Bernie Madoff was arrested, it would have seemed outlandish to millions to think of Madoff as a criminal. It isn’t that Buffett’s purported crime is the same as Madoff’s, they have some clear differences. But illusions which operated in the open are how con jobs, be the confidence game small to huge, are created.
Because news is often agenda-driven, it is necessary to grasp the bias and/or possible agendas of a media source. Not all news is fake news, said Chrysalis Wright, Ph.D, with the Psychology Department of the University of Central Florida. Wright explores the influence of media and tech on the public.
We began this report noting that the U.S., and numbers of other nations, were effectively plutonomies run by plutocrats and oligarchs. That doesn’t mean, as some say, that the Republic is ‘dead,’ but it does mean that the U.S.A. is not operating as designed. The laws needed to fix what is wrong in most cases already exist. What is needed is to grasp that the people who own and/or effectively control the media and big tech are routinely the oligarchs and plutocrats. Who says? Some of the very people in the media and those who are to plutocrats. See the linked reports to learn more. When someone, for whatever reason, admits what is obviously backed by evidence, why not believe them?
It should not be just ‘hot mics’ that catch ‘a journalist like MSNBC’s Joy Reid’ saying that Joe Biden’s policies are leading us toward a much bigger war. News should be news and told accurately, not in a partisan fashion. The facts should be told about a range of issues, plainly and objectively. Doing so would benefit our nation and its some 340 million citizens. But obviously, that’s not the case.
@africanstream A recent hot-mic moment left MSNBC’s Joy Reid red in the face. Reid didn’t realise her mic was still turned on as a soundbite of US President Joe Biden played. He was calling for more ‘security’ at the Mexico-US border, where 2.5 million ‘encounters’ between migrants and US Customs and Border Patrol agents took place in fiscal year 2023. Biden’s proposal ties increased border-security funding to an aid package for Israel and Ukraine. For many, this looks like the start of an inevitable war in West Asia involving Iran. The US has accused Iran of sponsoring Palestinian group H*m*s and Yemen’s Houthi rebels, both of whom are engaged in conflicts with Washington’s beachhead in the region, Israel. Tel Aviv has repeatedly requested Washington’s support to help cut off the ‘head of the snake,’ referring to Iran. Reid ended that night’s show by walking back her comment, but what do you make of it? #MSNBC #JoyReid #JoeBiden #Security #Mexico #USA #Border #CustomAndBorder #AidPackage #Israel #Ukraine #WestAsia #Iran #Palestine #fyp ♬ Aesthetic – Tollan Kim
We have to acknowledge that news is partisan, that information is agenda-driven, and act accordingly.
The fact that ‘hot mics’ are often what reveal what reporters, pundits, and anchors may really be thinking is revealing.
While that obviously is not the way things are today, hope springs eternal. The ‘many have beaten the money’ before and they can do so again. When the plutocrats and oligarchs have broken the law, they should be held to account. Doing so routinely can restore ‘the rule of law’ and ironically make for a more prosperous Republic. ###
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By L.A. “Tony” Kovach – for MHProNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing.
For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.
This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.
Connect on LinkedIn: http://www.linkedin.com/in/latonykovach
Related References:
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