Student Loan Plan Will Feed Inflation, Hurt Dems Politically

From Kim Strassel, at WSJ, "Student Debt Forgiveness Is Biden’s Bluto Moment":

His plan will feed inflation and hurt him politically.

If political moves received letter grades, Joe Biden’s student loan “forgiveness” mark might rank down there with the Deltas of “Animal House.” Think of it as the president’s Bluto moment.

In case the White House missed it, Democrats had recently been getting it together. After an 18-month food fight over the Biden agenda, the party finally united to pass the Inflation Reduction Act. It suckered spend-happy Republicans into passing a semiconductor bill that vulnerable Democrats could brag about back home. The left has successfully fanned fears on abortion, putting GOP candidates on the back foot. And Donald Trump is in the headlines—right where they want him.

Then along comes Blutarsky, and seven years of college down the drain. It would be hard to fashion a program that carries more political risk for less political reward. In the name of paying off that powerful voting bloc known as “overeducated and underemployed deadbeats,” Mr. Biden is dumping on his own inflation message, dividing his party, and insulting any American who has ever worked, saved or paid a bill.

Inflation remains voters’ biggest worry, and they understand Washington’s role in feeding it. Only recently they watched General Motors and Ford hike the prices of electric vehicles by $6,000 to $8,500—roughly pacing the $7,500 tax credit the Biden “inflation reduction” law bestows. Cause, effect. Millions of American parents read Mr. Biden’s Wednesday loan announcement as news that they will be paying $10,000 more for tuition next year (and the year after that, and after that) as colleges reap the loan windfall.

Inflation remains voters’ biggest worry, and they understand Washington’s role in feeding it. Only recently they watched General Motors and Ford hike the prices of electric vehicles by $6,000 to $8,500—roughly pacing the $7,500 tax credit the Biden “inflation reduction” law bestows. Cause, effect. Millions of American parents read Mr. Biden’s Wednesday loan announcement as news that they will be paying $10,000 more for tuition next year (and the year after that, and after that) as colleges reap the loan windfall.

It won’t stop with college inflation, even Democratic economists warn. Every $20,000 of loan forgiveness is $20,000 the favored college forgiven can blow on urban loft refits or Hawaiian vacations. “Pouring roughly half [a] trillion dollars of gasoline on the inflationary fire that is already burning is reckless,” Jason Furman, the Obama administration’s top economist, tweeted. Americans already doubted Mr. Biden’s new climate and health law would do much to lower prices, but they’ll draw a direct line from the loan bailout to further price hikes. A CNBC poll says nearly 60% of Americans fear this handout will make inflation worse.

The plan rips a new fissure in the Democratic Party, as nonsuicidal members run for cover. Maine Rep. Jared Golden called loan forgiveness “out of touch.” New Hampshire Rep. Chris Pappas said this is “no way to make policy.” Nevada Sen. Catherine Cortez Masto and Colorado Sen. Michael Bennet noted that the plan doesn’t address the underlying problem of rising tuition. Ohio Rep. Tim Ryan, running for the Senate, said the forgiveness “sends the wrong message to the millions of Ohioans without a degree working just as hard to make ends meet.”

What unites these Democrats? Each is in a competitive race, and they clearly already see the potential to alienate large cross-sections of the American electorate. Sure, loan forgiveness may benefit up to 40 million people, and energize Gen Zers and some millennials to vote for the Democrats they were going to support anyway. What about the other 220 million voting-age Americans who are being asked to float the upper crust’s seminars on gender identity and social justice?

Democrats desperately need suburban voters this fall. Those would be the same suburban parents who are already furious over school closures and woke education, who scrimped and saved to pay through the nose for college, and who now look like chumps as they prepare to pay more. The CNBC poll finds that 65% of those 35 to 64—prime college-parent age—feel loans should be forgiven for no one or only for those in need (the Biden plan favors top earners). That share is even higher—78%—for those over 65.

Party leaders have fretted for years over how to handle Democrats’ cratering support among the working class. This is the answer? The loan handout is a thumb in the eye to every American who went to trade school, got an apprenticeship, took out private loans to start a small business, or simply went to work—and now must not only grind out a living and keep up with inflation but cover the poor financial decisions of the college elite...

 

The Mar-a-Lago Affidavit: Is That All There Is?

At the Wall Street Journal, "The redacted 38-pages add to the evidence that the FBI search really was all about a dispute over documents":

A federal judge on Friday released a heavily redacted version of the FBI affidavit used to justify the search of Donald Trump’s Mar-a-Lago home, and we can’t help but wonder is that it? This is why agents descended on a former President’s residence like they would a mob boss?

It’s possible the redactions in the 38-page document release contain some undisclosed bombshell. But given the contours of what the affidavit and attachments reveal, this really does seem to boil down to a fight over the handling of classified documents. The affidavit’s long introduction and other unredacted paragraphs all point to concern by the FBI and the National Archives with the documents Mr. Trump retained at Mar-a-Lago and his lack of cooperation in not returning all that the feds wanted.

A separate filing making the case for the redactions, also released Friday, focused on the need for witness and agent protection from being publicly identified. That filing also contains no suggestion of any greater charges or a larger investigation than the dispute over his handling of the documents.

As always with Mr. Trump, he seems to have been his own worst enemy in this dispute. He and his staff appear to have been sloppy, even cavalier, in storing the documents. Classified records found in boxes were mixed in with “newspapers, magazines, printed news articles, photos, miscellaneous print-outs, notes,” and presidential correspondence, the affidavit says. This fanned suspicion that important documents were still floating around the house, where bad actors hanging around the Mar-a-Lago resort might pilfer them.

The affidavit also contains references to comments by Mr. Trump and his associates that didn’t tell the truth about what was classified or what he had turned over to the National Archives before the search. This appears to have frustrated the bureau enough that it felt he might be guilty of obstruction of justice by his lack of cooperation. To put it another way, the FBI thought Mr. Trump was behaving badly, as he so often does.

But that didn’t mean the FBI and Justice Department had to resort to a warrant and federal-agent search that they knew would be redolent of criminal behavior. They had to suggest probable cause of criminal acts to get their extravagant warrant, which they knew would create a political firestorm.

Instead they could have gone to a district court and sought an order for the proper handling and storage of documents. It surely would have been executed. If Mr. Trump then failed to comply, he could have been held in contempt. On the evidence in the warrant and the affidavit, and even based on the leaks to the press so far which all focus on the demand for documents, the search on Mar-a-Lago was disproportionate to the likely offense...

 

Keilah

On Instagram:

Reuben Jonathan Miller, Halfway Home

At Amazon, Reuben Jonathan Miller, Halfway Home: Race, Punishment, and the Afterlife of Mass Incarceration.

Republicans, Once Outraged by Mar-a-Lago Search, Become Quieter as Details Emerge

 At the New York Times: 

In the minutes and hours after the F.B.I.’s search of former President Donald J. Trump’s residence in Florida this month, his supporters did not hesitate to denounce what they saw as a blatant abuse of power and outrageous politicization of the Justice Department.

But with the release of a redacted affidavit detailing the justification for the search, the former president’s allies were largely silent, a potentially telling reaction with ramifications for his political future.

“I would just caution folks not to draw too many conclusions,” Gov. Glenn Youngkin of Virginia, a Republican, said on Fox News. It was a starkly different admonition from his earlier condemnations of what he said were “politically motivated actions.”

Some Republicans will no doubt rally around Mr. Trump and his claim that he is once again being targeted by a rogue F.B.I. that is still out to get him. His former acting White House chief of staff, Mick Mulvaney, said on Twitter that “this raid was, in fact, just about documents,” which he called “simply outrageous.” Representative Andy Biggs, Republican of Arizona and an ardent Trump ally, was on the right-wing broadcaster Newsmax denouncing the F.B.I. as politically biased, though he notably did not defend the former president’s possession of highly classified documents.

But generally, even the most bombastic Republicans — Representatives Marjorie Taylor Greene of Georgia, Lauren Boebert of Colorado, Jim Jordan of Ohio — were at least initially focused elsewhere. Ms. Greene was posting on Friday about border “invasions.” Ms. Boebert noted on Twitter the anniversary of the suicide bombing of U.S. service members at the airport in Kabul, Afghanistan. Mr. Jordan was focused on an interview with Mark Zuckerberg, the Facebook founder. None tweeted about the affidavit.

The accusations against Mr. Trump have become increasingly serious. Classified documents dealing with matters such as Mr. Trump’s correspondences with the North Korean leader Kim Jong-un were stored in unsecured rooms at Mar-a-Lago, The New York Times reported this month. The untempered attacks on the F.B.I. after the initial search led to threats against federal law enforcement, opening up Republicans — long the self-proclaimed party of law and order — to charges from Democrats that they were trying to “defund” the agency.

And voters are again distracted by Mr. Trump in the political spotlight, even as Republicans try to direct their attention toward the economy and soaring inflation on a day when the Federal Reserve chairman Jerome Powell said efforts to control rising prices would exact pain on Americans.

All of this could mean that enough Republican voters grow weary of the division and drama around Mr. Trump and are ready to move on...

 

Washington State Patriotism

On Twitter:

White House Press Secretary Karine Jean-Pierre Smears Republcans as 'Fascists'

On Twitter:

If this is what they believe—and they do—how do they allow “fascists” and “attackers of our democracy” to vote at all? Do you understand that this is where it’s going? https://t.co/7ndezQC9HQ

— David Reaboi, Late Republic Nonsense (@davereaboi) August 27, 2022

Steven Levitsky and Lucan Way, Revolution and Dictatorship

At Amazon, Steven Levitsky and Lucan Way, Revolution and Dictatorship: The Violent Origins of Durable Authoritarianism.

Corrina K.

She's beautiful.

On Instagram.

Biden, Without Congressional Authority, Announces He's Forgiving Student Loans For His Voters -- And Claiming That the 'Emergency' Powers He Has Due to Covid Allow Him to Act As a Tyrant, Apparently Forever

PREVIOUSLY: "Biden's Student Loan 'Forgiveness' Is an Abuse of Power."

At AoSHQ, "Note that Biden already declared an end to the covid emergency when he canceled Trump's Remain in Mexico policy, and his CDC just announced that we're effectively back to normal. But Biden won't formally say the "emergency" is over -- so he can continue acting as tyrant when he finds it politically useful to do so."

Biden's Student Loan 'Forgiveness' Is an Abuse of Power

PREVIOUSLY: "Outrage! Biden to Cancel $10,000 in Student Debt for Those Making Less Than $125,000 or Less Per Year."

From Dave Harsanyi, at the Federalist, "… not to mention a moral hazard, counterproductive, and fundamentally immoral."

Outrage! Biden to Cancel $10,000 in Student Debt for Those Making Less Than $125,000 or Less Per Year

This is fucking outrageous.

My grad school loans are just now nearly paid off --- 23 years after I finished my Ph.D. at UCSB. Is Old Joe going to make the debt relief retroactive, for the millions upon millions of judicious and hard-working Americans who made good on the debt they took out? 

Completely un-American, Minority Leader Mitch McConnell slammed debt cancellation as "socialist."

At the Los Angeles Times, "Biden will cancel $10,000 of student debt for many borrowers":

Individuals earning less than $125,000 annually would qualify for relief and those who received Pell grants could receive an additional $10,000.

WASHINGTON — President Biden moved Wednesday to cancel $10,000 in student debt for individuals earning less than $125,000 annually while extending a pause on loan repayments for all borrowers through the end of the year, all as part of a broader effort to overhaul the federal system and ease financial burdens for the middle class.

Biden’s action will also make people who received Pell grants to help cover the cost of college eligible for up to $20,000 in loan relief. And a new income-based repayment cap will ensure borrowers pay no more than 5% of their monthly income toward their undergraduate loans as long as they aren’t behind on payments. Some analysts believe that change may prove even more significant than the debt forgiveness.

Lamenting that “an entire generation is now saddled with unsustainable debt” because the cost of higher education has skyrocketed in recent years, Biden described his action as a matter of economic fairness that will “provide more breathing room for people” and boost America’s competitiveness.

“My plan is responsible and fair. It focuses the benefit on middle-class and working families. It helps both current and future borrowers and it will fix a badly broken system,” Biden said. “It’s about opportunity. It’s about giving people a fair shot.”

The overall package, which Biden said will benefit 43 million Americans, is a win for activists who have pushed for such action as a matter of economic fairness. But the amount of debt Biden has decided to erase is less than many activists had sought, complicating an issue the White House hopes will boost Democrats in the midterm election and drawing criticism from both parties. While progressives had hoped Biden would go even further, Republicans and some moderate Democrats bristled at the price-tag, asserting that spending an estimated $400-600 billion to cover the forgiven loans would exacerbate inflation.

“This announcement is gallingly reckless — with the national debt approaching record levels and inflation surging, it will make both worse,” said Maya McGuinness, president of the Committee for a Responsible Federal Budget, a Washington organization that opposes the student loan forgiveness program.

Biden, who returned from a two-week vacation Wednesday morning, had vowed to act before Aug. 31, when the latest pandemic-driven moratorium on federal student loan payments runs out. He said this extension would be the last one and that payments would resume in January 2023.

“It’s time for the payments to resume,” he said.

President Trump first suspended payments in March 2020, and Biden has granted four extensions. So far, the suspensions have cost the federal government more than $100 billion. More than 40 million Americans owe a collective $1.6 trillion in federal student loans.

A fight over student loans could slow the Democrats’ recent momentum and threaten their coalition’s cohesion. The president and his party have seen their poll numbers rise in recent months, buoyed by a series of events that have altered the political landscape in their favor.

The Supreme Court’s late June decision overturning Roe vs. Wade alienated women across political lines. The high-profile hearings further illuminating Trump’s key role inciting the Jan. 6, 2021, Capitol insurrection received broad television coverage and hardened perceptions of Republicans as the more extreme party. And Democrats’ passage of three major bills — a climate, prescription drug and tax overhaul, new funding to boost domestic manufacturing of microchips and enhanced healthcare for veterans exposed to toxic chemicals on the battlefield — has shown the public that Biden is far from a do-nothing president.

Before the abortion decision, the Jan. 6 hearings and the flurry of new legislation, some senior Biden aides believed significant student loan debt forgiveness was one of the few measures that could excite the Democratic base and help the party survive a tough election cycle. Despite public and private pressure from Senate Majority Leader Charles E. Schumer (D-N.Y.) and Sens. Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.) and Raphael Warnock (D-Ga.), Biden has long questioned whether forgiving as much as $50,000 in debt would be prudent.

Schumer spoke by phone with Biden on Tuesday night “to make a final push to the president to cancel as much student loan debt as he can,” according to a Democrat familiar with the conversation. On Wednesday, Schumer and Warren sought to quell criticism from the left, issuing a joint statement heralding Biden’s final decision as a historic first step.

“With the flick of a pen, President Biden has taken a giant step forward in addressing the student debt crisis by cancelling significant amounts of student debt for millions of borrowers. The positive impacts of this move will be felt by families across the country, particularly in minority communities, and is the single most effective action that the President can take on his own to help working families and the economy,” their statement said. “No president or Congress has done more to relieve the burden of student debt and help millions of Americans make ends meet. Make no mistake, the work — our work — will continue as we pursue every available path to address the student debt crisis, help close the racial wealth gap for borrowers, and keep our economy growing.”

Some activists also cheered the announcement. “Today, with President Biden’s announcement, 12 million American borrowers have had their educational debts erased,” said Melissa Byrne, executive director of We the 45 Million, a group that advocates for student debt forgiveness. “This is a historic first step — establishing the clear authority that the president has to cancel student debt — but this should just be the beginning.”

But key Democratic constituencies, including young voters, Black Americans and civil rights groups like the National Assn. for the Advancement of Colored People, have pushed hard for more forgiveness, and may be disappointed.

Derrick Johnson, president of the NAACP, had blasted Biden in a statement Tuesday, stating that if reports of the president having settled on $10,000 in debt forgiveness are correct, “we’ve got a problem,” likening the decision to past federal policies that have been detrimental to Black people...

I took out zero loans for my Bachelor's degree. I worked, and hard. At Fresno State, where I took my B.A. political science, I worked 35 hours a week pumping gas at the local Chevon station, not far from my dad's house. It was 2:00 to 9:00pm Sundays through Thurdays, and 4:00pm to Midnight on Fridays and Saturdays. I started that job at $4.25 miniumum wage, only getting bumped once with a raise to $4.75. On my days off I'd stay on campus all day, after classes, going to the cafeteria, the library, and the student union to hang out and study. My time was completely taken up and I had little for nightlife. I met my future wife in my last year, and she moved to Santa Barbara with me (before we were married) after I was accepted into the Ph.D. program. 

I paid my dues. 

In graduate school I ended up taking out about $65,000 to $70,000 total. I could have borrowed much, much more, but I was careful. I worked weekends (again at a Chevron station in downtown Santa Barbara) my first year in the program. I could've borrowed more, but my (future) wife and I didn't want to get too deep into debt. We had no idea I'd get a full four-year ride starting in my second year, the U.C. Regents Fellowship, which paid for everything. That was merit based, by the way. I fucking earned that fellowship by kicking ass that first year. I have great memories and wouldn't take back a thing.

I know, though, my story is like so many others, folks who themselves and their families scrimped and saved just for the chance to attend college, much less a Ph.D program. *That's the American way.* If Republicans don't campaigh the hell out of this issue they're bloody stupid. LOTS of folks will be pissed that their working- and middle-class tax dollars are going toward debt bailouts for college graduates who make more than they do, and will make way more in the future. 

It's class warfare. It's a fundamental violation of society's social contract, and bitterly unfair. 

Still more at that top link.

MusclePharm--COMBAT--100% Whey Protein

Here, MusclePharm--COMBAT--100% Whey Protein, Muscle-Building Whey Protein Powder, Cookies 'N' Cream, 5 Pounds, 70 Servings.

Caroline Elkins, Imperial Reckoning

Caroline Elkins, Imperial Reckoning: The Untold Story of Britain's Gulag in Kenya.

Vicki and Randy Weaver

The FBI killed Vicki Weaver at Ruby Ridge in 1992, on August 22nd, the second day of an 11-day siege.

Randy Weaver died earlier this year.

On Twitter, a thread:

This is Randy and Vicki Weaver.

Randy and Vicki were married in 1971, and lived with their children until 30 years ago today, when federal agents murdered her as she held their infant daughter. pic.twitter.com/YghbPRSGKF

— Spike Cohen (@RealSpikeCohen) August 23, 2022

The day before, agents had murdered their 14 year old son Samuel.

They also shot Randy, smeared his name to the public and put him on trial.

Why did they do this?

Because ATF agent Kenneth Fadeley pressured Randy into selling him two sawed-off shotgun.

Their case was so bad that jurors exonerated Randy of everything but a failure to appear charge.

But the damage was already done.

This is a federal surveillance photo of Vicki shortly before she was murdered.

Snipers were ordered to kill any armed male who left the Weaver home.

When they killed Vicki, she was in her home, holding their infant daughter.

All of this over the length of a shotgun barrel.

The Weaver family did not deserve to be destroyed.

Sadly, they are just another casualty of the federal police state, and yet another example of why it must be dismantled.

Abolish the ATF, the FBI, and every other agency that government uses as weapons against peaceful people.

Rest in peace to Randy, Vicki and Samuel Weaver, and my condolences to the Weaver family.

*****

NOTE: if you advocate for gun control, you de facto advocate for many more families being destroyed by police and federal agents.

Many more children and mothers murdered.

Your advocacy for gun control is advocacy for massive amounts of gun violence against innocent people.

Miranda's Thick Season

Not sure what that is exactly, though I love the photo.

On Twitter.

Plus, more on video. 

Chris Stirewalt, Broken News

At Amazon, Chris Stirewalt, Broken News: Why the Media Rage Machine Divides America and How to Fight Back.

Anne Hathaway for Interview

Man, she's as hot as ever.

See, at Interview, "Anne Hathaway Answers 20 Questions From Her Friends and Fans."

Conservatives Obsessed With Mar-a-Lago Raid Got Rolled on Democrats' Inflation Reduction Act

Oops! 

At Politico, "‘We got rolled’: How the conservative grassroots lost the fight with Biden because it was focused on Trump":

The former president’s presence on the political landscape is making it harder to launch a modern day Tea Party movement.

In years past, it would have been a political Waterloo moment for Republicans: President Joe Biden and congressional Democrats racing frantically to finalize sweeping legislation to hike taxes on corporations and spend trillions on climate change and health care subsidies.

But instead of mounting a massive grassroots opposition to tank or tar the Inflation Reduction Act, conservatives and right-wing news outlets spent the past week with their gaze elsewhere: the FBI’s search of Donald Trump’s Palm Beach mansion.

Hundreds of them gathered instead outside Trump’s Mar-a-Lago estate in South Florida to protest what they viewed as an egregious example of federal government overreach. Back in Washington, conservative activists did rally against the bill and targeted vulnerable Democrats in ads. But even the main organizers conceded that they had little time to muster the opposition-party gusto of years past.

“Everything was moving so fast, the tax provisions were being debated on the fly, so there was very little time for groups to do that in-depth grassroots pushback like we saw during Obamacare,” said Cesar Ybarra, vice president of policy at conservative grassroots organization FreedomWorks. “To create buzz in this town and for it to penetrate across America, you need more time. So yeah, we got rolled.”

Far from a singular lapse, last week’s split-screen of the Mar-a-Lago search and the passage of the IRA provided a telling portrait of pistons that move modern Republican politics. Whereas conservative activism has, in past cycles, been driven by opposition to Democratic-authored policies or actions — from Obamacare to TARP— the modern version has been fed by culture-war issues and, more often than not, Trump himself.

“I think anytime you have FBI agents setting a new precedent by raiding a former president’s home, that’s going to get a lot of attention, compounded by Liz Cheney getting annihilated in her primary,” said former Republican House Speaker Newt Gingrich, who set the prior template for policy-centric midterm catapults with the GOP’s famed Contract with America in 1994.

For Democrats, the current paradigm is a boon, politically. The party hailed the passage of the IRA as a major victory they plan to capitalize on moving into the midterms. They argue that uniform Republican opposition to the bill was hypocrisy — Trump once championed several of its provisions. They view the popularity of the IRA and absence of sustained pushback as a guarantee that this won’t be an electoral albatross like Obamacare was for the party in 2010.

“You’re not having town halls with people screaming about Medicare drug negotiations. It’s very hard to object to a bill that invests a lot of money in clean energy,” said Matt Bennett, the executive vice president for public affairs at the Democratic centrist think tank Third Way.

Republicans argue that the bill will prove more beneficial to them in November, specifically the provision to hire and retain more IRS agents. And they quibble with the idea that the right wasn’t outraged or organized, arguing that the bill was pared back precisely as a result of activist pushback. Far from being two separate threads, they see the IRA and the Mar-a-Lago search as intertwined.

“The timing of the bill happening the same week as the former president’s residence was raided, and you had the split screen of, well, if they could do that to him, they could do that to you, and here’s this bill with 87,000 IRS agents being funded,” said Jessica Anderson, the executive director of the conservative Heritage Action for America. “I think we’re going to look back and see that it really lit a match for people with the distrust for government at an all-time high.”

Merissa Hamilton, an activist with FreedomWorks, said the increase in funding for the IRS has already been energizing grassroots efforts. Before the bill was passed, Hamilton organized protests with dozens of activists in front of the Phoenix office of Sen. Mark Kelly (D-Ariz), one of the most vulnerable Senate Democrats.

“We feel even more detached from our representation than we ever have before because there was no time to get any public input,” said Hamilton. “It’s a big deal when you’re doubling the size of a federal agency. It screams something that’s designed to be punitive against people.”

But others in the party conceded that policy fights are no longer driving activism, at least to the degree they once did. In a Twitter thread, Brian Riedl, an economist with the conservative-leaning Manhattan Institute, said the right’s more recent apathy on economic policy “is partially a focus on culture & troll wars, partly a post-Trump identity crisis. And a lot of Democrats simply learning to avoid the economic policy prescriptions that most drive conservative rebellions.”

The money flow may tell an even more compelling story about a grassroots movement more geared toward Trump than congressional Republicans.

In the wake of the FBI’s search of Trump’s home, Trump’s Save America PAC reportedly raked in millions in the following days, according to The Washington Post. Elsewhere, meanwhile, the main Republicans running in marquee Senate races have struggled to build small-dollar donor networks, forcing the National Republican Senatorial Committee to slash ad spending and campaigns and operatives to panic.

Ohio Democratic Senate nominee Tim Ryan has brought in more than $9.1 million compared with GOP challenger J.D. Vance’s $1 million. Just over 9 percent of the money Vance raised for his primary campaign account between April and July came from contributions from individuals, and less than a fifth of that amount was from un-itemized small-dollar donors (those who gave less than $200). Of Ryan’s donations, 46 percent came from small-dollar donors.

In Pennsylvania, GOP nominee Mehmet Oz has largely self-funded his campaign, with less than 30 percent of his total receipts last quarter coming from individual contributors. Of that amount, just 18 percent came from small-dollar donors, compared with more than half for Democratic nominee John Fetterman, who brought in more than twice what Oz did.

And in Arizona, donations from individuals made up about 75 percent of GOP nominee Blake Masters’ total haul between April and July, versus 95 percent for Kelly. More importantly, the Democratic incumbent outraised Masters by more than $12 million last month, with 45 percent of the amount he raised from individuals coming in the form of small-dollar donations...

Keep reading. 

The Underappreciated Risks of Catastrophic Escalation

From Johm Mearsheimer, at Foreign Affairs, "Playing With Fire in Ukraine":

Western policymakers appear to have reached a consensus about the war in Ukraine: the conflict will settle into a prolonged stalemate, and eventually a weakened Russia will accept a peace agreement that favors the United States and its NATO allies, as well as Ukraine. Although officials recognize that both Washington and Moscow may escalate to gain an advantage or to prevent defeat, they assume that catastrophic escalation can be avoided. Few imagine that U.S. forces will become directly involved in the fighting or that Russia will dare use nuclear weapons.

Washington and its allies are being much too cavalier. Although disastrous escalation may be avoided, the warring parties’ ability to manage that danger is far from certain. The risk of it is substantially greater than the conventional wisdom holds. And given that the consequences of escalation could include a major war in Europe and possibly even nuclear annihilation, there is good reason for extra concern.

To understand the dynamics of escalation in Ukraine, start with each side’s goals. Since the war began, both Moscow and Washington have raised their ambitions significantly, and both are now deeply committed to winning the war and achieving formidable political aims. As a result, each side has powerful incentives to find ways to prevail and, more important, to avoid losing. In practice, this means that the United States might join the fighting either if it is desperate to win or to prevent Ukraine from losing, while Russia might use nuclear weapons if it is desperate to win or faces imminent defeat, which would be likely if U.S. forces were drawn into the fighting.

Furthermore, given each side’s determination to achieve its goals, there is little chance of a meaningful compromise. The maximalist thinking that now prevails in both Washington and Moscow gives each side even more reason to win on the battlefield so that it can dictate the terms of the eventual peace. In effect, the absence of a possible diplomatic solution provides an added incentive for both sides to climb up the escalation ladder. What lies further up the rungs could be something truly catastrophic: a level of death and destruction exceeding that of World War II.

AIMING HIGH

The United States and its allies initially backed Ukraine to prevent a Russian victory and help negotiate a favorable end to the fighting. But once the Ukrainian military began hammering Russian forces, especially around Kyiv, the Biden administration shifted course and committed itself to helping Ukraine win the war against Russia. It also sought to severely damage Russia’s economy by imposing unprecedented sanctions. As Secretary of Defense Lloyd Austin explained U.S. goals in April, “We want to see Russia weakened to the degree that it can’t do the kinds of things that it has done in invading Ukraine.” In effect, the United States announced its intention to knock Russia out of the ranks of great powers.

What’s more, the United States has tied its own reputation to the outcome of the conflict. U.S. President Joe Biden has labelled Russia’s war in Ukraine a “genocide” and accused Russian President Vladimir Putin of being a “war criminal” who should face a “war crimes trial.” Presidential proclamations such as these make it hard to imagine Washington backing down; if Russia prevailed in Ukraine, the United States’ position in the world would suffer a serious blow.

Russian ambitions have also expanded. Contrary to the conventional wisdom in the West, Moscow did not invade Ukraine to conquer it and make it part of a Greater Russia. It was principally concerned with preventing Ukraine from becoming a Western bulwark on the Russian border. Putin and his advisers were especially concerned about Ukraine eventually joining NATO. Russian Foreign Minister Sergey Lavrov made the point succinctly in mid-January, saying at a press conference, “the key to everything is the guarantee that NATO will not expand eastward.” For Russian leaders, the prospect of Ukrainian membership in NATO is, as Putin himself put it before the invasion, “a direct threat to Russian security”—one that could be eliminated only by going to war and turning Ukraine into a neutral or failed state.

Toward that end, it appears that Russia’s territorial goals have expanded markedly since the war started. Until the eve of the invasion, Russia was committed to implementing the Minsk II agreement, which would have kept the Donbas as part of Ukraine. Over the course of the war, however, Russia has captured large swaths of territory in eastern and southern Ukraine, and there is growing evidence that Putin now intends to annex all or most of that land, which would effectively turn what is left of Ukraine into a dysfunctional rump state.

The threat to Russia today is even greater than it was before the war, mainly because the Biden administration is now determined to roll back Russia’s territorial gains and permanently cripple Russian power. Making matters even worse for Moscow, Finland and Sweden are joining NATO, and Ukraine is better armed and more closely allied with the West. Moscow cannot afford to lose in Ukraine, and it will use every means available to avoid defeat. Putin appears confident that Russia will ultimately prevail against Ukraine and its Western backers. “Today, we hear that they want to defeat us on the battlefield,” he said in early July. “What can you say? Let them try. The goals of the special military operation will be achieved. There are no doubts about that.”

Ukraine, for its part, has the same goals as the Biden administration. The Ukrainians are bent on recapturing territory lost to Russia—including Crimea—and a weaker Russia is certainly less threatening to Ukraine. Furthermore, they are confident that they can win, as Ukrainian Defense Minister Oleksii Reznikov made clear in mid-July, when he said, “Russia can definitely be defeated, and Ukraine has already shown how.” His U.S. counterpart apparently agrees. “Our assistance is making a real difference on the ground,” Austin said in a late July speech. “Russia thinks that it can outlast Ukraine—and outlast us. But that’s just the latest in Russia’s string of miscalculations.”

In essence, Kyiv, Washington, and Moscow are all deeply committed to winning at the expense of their adversary, which leaves little room for compromise. Neither Ukraine nor the United States, for example, is likely to accept a neutral Ukraine; in fact, Ukraine is becoming more closely tied with the West by the day. Nor is Russia likely to return all or even most of the territory it has taken from Ukraine, especially since the animosities that have fueled the conflict in the Donbas between pro-Russian separatists and the Ukrainian government for the past eight years are more intense than ever.

These conflicting interests explain why so many observers believe that a negotiated settlement will not happen any time soon and thus foresee a bloody stalemate. They are right about that. But observers are underestimating the potential for catastrophic escalation that is built into a protracted war in Ukraine...

Still more.