….HUDSON: Well, Krugman has joined the ranks of the neocons, as well as the neoliberals, and they’re terrified that they’re losing control of the Republican Party. For the last half-century the Republican Party has been pro-Cold War, corporatist. And Trump has actually, is reversing that. Reversing the whole traditional platform. And that really worries the neocons.
Until his speech, the whole Republican Convention, every speaker had avoided dealing with economic policy issues. No one referred to the party platform, which isn’t very good. And it was mostly an attack on Hillary. Chants of “lock her up.” And Trump children, aimed to try to humanize him and make him look like a loving man.
But finally came Trump’s speech, and this was for the first time, policy was there. And he’s making a left run around Hillary. He appealed twice to Bernie Sanders supporters, and the two major policies that he outlined in the speech broke radically from the Republican traditional right-wing stance. And that is called destroying the party by the right wing, and Trump said he’s not destroying the party, he’s building it up and appealing to labor, and appealing to the rational interest that otherwise had been backing Bernie Sanders.
So in terms of national security, he wanted to roll back NATO spending. And he made it clear, roll back military spending. We can spend it on infrastructure, we can spend it on employing American labor. And in the speech, he said, look, we don’t need foreign military bases and foreign spending to defend our allies. We can defend them from the United States, because in today’s world, the only kind of war we’re going to have is atomic war. Nobody’s going to invade another country. We’re not going to send American troops to invade Russia, if it were to attack. So nobody’s even talking about that. So let’s be realistic.
Well, being realistic has driven other people crazy. Not only did Krugman say that Trump would, quote, actually follow a pro-Putin foreign policy at the expense of America’s allies, and he’s referring to the Ukraine, basically, and it’s at–he’s become a lobbyist for the military-industrial complex. But also, at the Washington Post you had Anne Applebaum call him explicitly the Manchurian candidate, referring to the 1962 movie, and rejecting the neocon craziness. This has just driven them nutty because they’re worried of losing the Republican Party under Trump.
In economic policy, Trump also opposes the Trans-Pacific Partnership and the TTIP trade and corporate power grab [inaud.] with Europe to block public regulation. And this was also a major plank of Bernie Sanders’ campaign against Hillary, which Trump knows. The corporatist wings of both the Republican and the Democratic Parties fear that Trump’s opposition to NAFTA and TPP will lead the Republicans not to push through in the lame duck session after November. The whole plan has been that once the election’s over, Obama will then get all the Republicans together and will pass the Republican platform that he’s been pushing for the last eight years. The Trans-Pacific Partnership trade agreement with Europe, and the other neoliberal policies.
And now that Trump is trying to rebuild the Republican Party, all of that is threatened. And so on the Republican side of the New York Times page you had David Brooks writing “The death of the Republican Party.” So what Trump calls the rebirth of the Republican Party, it means the death of the reactionary, conservative, corporatist, anti-labor Republican Party.
And when he wrote this, quote, Trump is decimating the things Republicans stood for: NATO, entitlement reform, in other words winding back Social Security, and support of the corporatist Trans-Pacific Partnership. So it’s almost hilarious to see what happens. And Trump also has reversed the traditional Republican fiscal responsibility austerity policy, that not a word about balanced budgets anymore. And he said he was going to run at policy to employ American labor and put it back to work on infrastructure. Again, he’s made a left runaround Hillary. He says he wants to reinstate Glass-Steagall, whereas the Clintons were the people that got rid of it.
And this may be for show, simply to brand Hillary as Wall Street’s candidate. But it also seems to actually be an attack on Wall Street. And Trump’s genius was to turn around all the attacks on him as being a shady businessman. He said, look, nobody knows the system better than me, which is why I alone can fix it. Now, what that means, basically, as a businessman, he knows the fine print by which they’ve been screwing the people. So only someone like him knows how to fight against Wall Street. After all, he’s been screwing the Wall Street banks for years [inaud.]. And he can now fight for the population fighting against Wall Street, just as he’s been able to stiff the banks.
So it’s sort of hilarious. On the one hand, leading up to him you had Republicans saying throw Hillary in jail. And Hillary saying throw Trump in the [inaud.]. And so you have the whole election coming up with—……