‘It’s about the Economy, Stupid’
What is casino banking………….many years ago former President Bill Clinton famously had posted above his workspaces when running for election:-
This was his own mantra, and one that was there to focus his campaign toward what was truly important to the electorate – the money in their pocket. If we fast forward to the new century, we find that jobs and money are still critical to a politicians chances of getting elected, but the language used to persuade the voters how to employ their ballot; now that’s really changed.
Quote from US Senator Bernie Sanders
Senator Sanders had a huge enthusiastic, and mostly young, following during the Democratic Primaries, which unfortunately did not translate into success at the National Congress. Nope, the big money, zero personality and very shady Hillary Clinton got that result. Then blew it.
Below is a possible reason
Trump’s Victory and the Neuroscience of Rage
To understand this election you must understand the brain’s threat detection mechanism
By R. Douglas Fields on November 10, 2016 (extracted and edited from Scientific American)
Pollsters, politicians, much of the press and public are dismayed by Donald Trump’s surprising victory in the presidential election, but not neuroscientists. The bewilderment arises from an attempt to comprehend the election result rationally, but rage, not reason, is what drove people to put Trump in the White House.
Emotions are powerful motivators of behaviour. For most animals, emotion, not rational thought is what drives behaviour, and this remains true for our esteemed species, self-christened as Homo sapiens—“the wise one.” But our decisions are not made solely by reasoning. In fact, in the most complex and momentous decisions we make we rely on emotion—gut feelings. Whom to marry, where to live, or even what entrée to select from a dinner menu, are decisions we make not by reason, but rather by how we “feel.”
We have emotions because we need them. When faced with very complex situations, it is our deep brain threat assessment circuitry, not only our cerebral cortex, that most often moves us to action. Especially so when our fundamental wellbeing is at stake. Each emotional feeling communicates clearly to our conscious awareness the specific type of threat confronting us: hunger, fear, loneliness, alienation, jealousy, frustration.
Many in this country feel angry, fearful, and threatened. These feelings arise from perceptions of personal risk, social disruption and alienation, imminent threats of terrorism, and a chronically dysfunctional government. The pollsters got it wrong because the act of asking the question carries the implicit assumption of a rational explanation.
As a social species, our individual survival is utterly dependent upon being a member of a group or tribe, and the brain circuitry that allows us to instantly classify anyone into either “us” or “them” is located in our prefrontal cortex. These circuits interact with the limbic system provoking rage and violent aggression to maintain social order, protect our own tribe, and slaughter another tribe if necessary for our self-preservation. The core of fear and anger gripping many people today stems from this neural circuitry of defensive aggression and rage to protect one’s own tribe. This is true for supporters of both candidates, whether it be working class men feeling their livelihood taken away, women feeling denied opportunity and respect, political parties threatened by their competing parties, or races of people feeling displaced, rejected, excluded, or individuals denied their fair share of our nation’s wealth.
This neuroscience perspective explains the seemingly incomprehensible situation of a privileged billionaire becoming the champion of working class men and women who are feeling angry and threatened. It is boggling to provide a logical explanation for this improbable hero of the working class, but his appeals to the anger, fear, and frustration that many feel—an appeal to the brain’s limbic system—is perfectly consistent with how the human brain makes complex decisions by relying on emotion when faced with momentous decisions.
Perfume is not sold by describing how it will make us smell; it is sold by how it will make us feel. Rationally we know that all cars travel at the same speed on our roads. How then can we rationally explain the need to purchase a 500 horsepower Corvette, when it will ride the bumper of a jalopy in traffic, but cost 10 times as much?
The people have spoken and we will all live with the consequences. Every person who voted did so by relying on all the decision making abilities their brain could provide them, both reason and rage. The election exposed a deep rift in society, chilling fear and ugly tribalism. Whether these real divisions in society will explode into factionalism or unite us will be determined by the same neural circuitry in our prefrontal cortex that separates “us from them.” Either this circuitry will divide us or unite us with the realization that no matter what differences we may have, we are nevertheless united by a larger common purpose and group—citizens of the United States. The electorate has concluded that the best person to succeed in manipulating this neural circuitry so vital to our survival is not a statesman, but rather a salesman. Time will tell.
Dr. R. Douglas Fields article certainly provides serious food for thought, though ‘thought’ is of course not part of the Rage mechanism so well explained above.
One coin, two sides………Is there another part to Trump’s win?
Naturally, and it’s Clinton herself; unlike her husband, she didn’t ‘get’ the economy stupid. Her World was divorced from the common persons economy by many years of privilege at the top of the pile away from the working classes in America.During the last eight years of Democratic government, no Wall Street bankers have been jailed, nor made to return their massive Bonuses. No CEO’s who failed their shareholders have had to re-pay their huge salaries or not receive their share options. Clinton is seen as part of this elite group, so incapable of changing it.Trump is the outsider; just as Sanders was, but the Democratic Party couldn’t bring itself to realise the problem until – well about now in fact.
It is time for profound change – Sanders said it, and the people of America have voted for it – for better or worse.
In 2007 and 2008 the insult of the day seemed to be ‘Casino Bankers’. A reference to the reckless behaviour of the Investment Banking community and the Derivatives markets. Linking Casinos to Bankers is highly abusive, to the Gaming Industry, in my opinion. Both the Live bricks and mortar casinos and now the newer On-Line Casinos via the Internet, have a much higher level of supervision, and when the Regulators find illegal practises they indite and put on trial the operators. Pity the Bankers weren’t – or maybe the voters Rage and Trump’s mandates will help sort them out too. Goldman Sach’s, ask for your money back from Clinton, and let’s start making those responsible think before they act illegally in the future.