Davin News Server

Robert Reich
@RBReich

The richest 0.1% own 17% of stocks

The richest 1% own 50% of stocks

The bottom 50% own 0.7% of stocks

Repeat after me: "The stock market is not the economy."

WE will be fine.

Robert Bernard Reich (born June 24,1946) is an American professor, author, lawyer, and political commentator. He worked in the 
administrations of presidents Gerald Ford and Jimmy Carter, and served as Secretary of Labor from 1993 to 1997 in the cabinet of 
President Bill Clinton. He was also a member of President Barack Obama's economic transition advisory board.

Reich has been the Chancellor's Professor of Public Policy at the Goldman School of Public Policy at UC Berkeley since January 
2006. He was formerly a lecturer at Harvard University's John F. Kennedy School of Government and a professor of social and 
economic policy at the Heller School for Social Policy and Management of Brandeis University. In 2008, Time magazine named him 
one of the Ten Best Cabinet Members of the century, and in the same year The Wall Street Journal placed him sixth on its list of 
Most Influential Business Thinkers.

Reich has published numerous books, including the best-sellers The Work of Nations (1991), Reason (2004), Supercapitalism (2007), 
Aftershock (2010), Beyond Outrage (2012), and Saving Capitalism (2015). The Robert Reich-Jacob Kornbluth film Saving Capitalism 
debuted on Netflix in November 2017, and their film Inequality for All won a U.S. Documentary Special Jury Award for Achievement 
in Filmmaking at the 2013 Sundance Film Festival. He is board chair emeritus of Common Cause and blogs at Robertreich.org.

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"Trump Derangement Syndrome" Is a Real Mental Condition

All you need to know about "Trump Derangement Syndrome," or TDS.

"Trump Derangement Syndrome (TDS) is a mental condition in which a person has been driven effectively insane due to their dislike 
of Donald Trump, to the point at which they will abandon all logic and reason."

Justin Raimondo, the editorial director of Antiwar.com, wrote a piece in the Los Angeles Times in 2016 that broke TDS down into 
three distinct phases or stages:

"In the first stage of the disease, victims lose all sense of proportion. The president-elect's every tweet provokes a firestorm, 
as if 140 characters were all it took to change the world."

"The mid-level stages of TDS have a profound effect on the victim's vocabulary: Sufferers speak a distinctive language consisting 
solely of hyperbole."

"As TDS progresses, the afflicted lose the ability to distinguish fantasy from reality."

The Point here is simple: TDS is, in the eyes of its adherents, the knee-jerk opposition from liberals to anything and everything 
Trump does. If Trump announced he was donating every dollar he's ever made, TDS sufferers would suggest he was up to something 
nefarious, according to the logic of TDS. There's nothing - not. one. thing. - that Trump could do or say that would be received 
positively by TDSers.

The history of Trump Derangement Syndrome actually goes back to the early 2000s - a time when the idea of Trump as president was 
a punch line for late-night comics and nothing more.

Wikipedia traces its roots to "Bush Derangement Syndrome" - a term first coined by the late conservative columnist Charles 
Krauthammer back in 2003. The condition, as Krauthammer defined it, was "the acute onset of paranoia in otherwise normal people 
in reaction to the policies, the presidency - nay - the very existence of George W. Bush."