Warren proposes Presidential Tax Transparency Act

Anyone running for public office, should have to make their tax returns public. Full stop.

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Senator Warren examines Wells CEO John Stumpf

Another day, another Senate hearing into revolting, illegal and financially destructive activities at a too-big-to govern bank, where executives extracted hundreds of millions for years while keeping their jobs and perks, while customers and low-level employees paid the price.  Unlike many previous hearings, most of the senators have come out swinging on this one (I guess the public outrage is too loud for them to do otherwise this time).

But Senator Elizabeth Warren in particular was a stand out as she landed Pecora-like blows on CEO John Stump. Here is a video link to her full segment now on Youtube.

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Salesman standard working for Trump?

Dishonesty and hiding information are major themes of this year’s US presidential contest, with both leading candidates apparently adept at deception.  Still in this contest of liars, it seems Clinton–the career politician is scrutinized more than Trump–the career salesman.  According to a recent fact-checking study by Politifact,  just 4% of what Trump said on the campaign trail was  true, compared with 23% for Clinton, while 35% of Trump’s statements were rated “false” compared with 11% for Clinton. The salespuff standard may be working in Trump’s favor with voters.  See Why Trump gets away with huge lies while Clinton gets trashed for little fibs:

…Hillary Clinton’s one and only image in the public mind is that of a politician. She was seen as a more politically minded First Lady. And she was seen as a more politically ambitious U.S. Senator and Secretary of State. We don’t look at her in any other context. Not only are politicians held to a higher truth-telling standard than salespeople, we don’t even focus on their “product” or policies all that much to balance what they say. For the most part, politicians are what they say and salespeople are what they sell. It’s the best way to understand why Trump gets away with some much of what he says. Ultimately, that’s not his product.

Sure, most of us don’t like boastful salespeople, but it doesn’t mean we won’t buy what they’re selling. Compared to the tough scrutiny his fellow Republican candidates and Clinton endure, the salesman standard is better. It’s infinitely better. We don’t fact check the commercials or the guys yelling in those commercials. Trump knows that. So, he’s playing the role of that guy in the commercial.

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