Hispanic Fanatic

In defiance of all odds, the U.S. economy continues to perform well, even if a lunatic who knows nothing about basic economic laws is at the nation’s helm.

Latinos have noticed the prosperity, relatively mild as it is. In fact, consumer confidence among Hispanics has improved “as optimism has grown about their financial situation as well as the U.S. economy as a whole,” according to a new study.

The Hispanic Consumer Sentiment Index — which I for one, never knew existed — is rising, although it continues to trail the overall U.S. population. About 62 percent of Hispanics say they are “financially better off today than a year ago,” and 72 percent of Latinos say, “they will be better off over the next year.” The report adds that 58 percent of Hispanics expect “good times for the country as a whole over the next five years.”

Well, that all sounds pretty rosy. However, one group does not share Latinos’ optimism for America’s continued economic health. That would be our old friends, the super wealthy. A different report finds that “75 percent of ultra-high net worth investors predict America will hit a recession by 2020.”

Wow, that’s quite a different take on things.

In fact, 21 percent of rich people believe that a recession “will begin in 2019, and 50 percent expect the next recession to start in 2020.” And remember, these are individuals who obsess over the economy and financial markets, and there are very few Latinos among them.

So is Hispanic faith in the economy misplaced?

Well, I’ve written before about the Latino tendency to be optimistic. While this is definitely a positive trait, it can on occasion lead to irrational conclusions.

For example, if the above statistics are true, then over half of Latinos think the economy will be solid for the next half decade, at least.

But how does that align with the results of a different study that found“Latino families are struggling with paying down debt and are the least prepared for financial emergencies”?

That study found that over one-third (38 percent) of Latinos “believe the American Dream is disappearing,” and about a quarter (24 percent) worry about being able to care for their families.

The study reiterated that “Latinos have relatively lower accumulated wealth,” and that many Hispanics are looking at a wicked trifecta of debt. That would be the following grim stats:

• 64% of Latinos have credit card debt. The average credit card debt is $9,652.
• 63% of Latinos have a mortgage. The average mortgage debt is $181,292.
• 27% of Latinos have student loan debt. The average student loan debt is $32,650.

In addition, the study found that Latinos are “less prepared than other consumer populations surveyed for a financial emergency, with 19 percent having less than a month of monthly expenses saved.”

What about these numbers leads Hispanics to think that the good times will just keep coming?

Well, the study states the obvious when it points out that “Latino households are more likely to have a broader definition of family that includes extended family” and that Hispanics have “strong family and cultural values.”

The fact that your family has your back may cause many Latinos to worry less about the future. But even that positive value has a dark side, because according to the report, “Latino families are juggling multiple financial priorities, such as a future caregiver role for elderly parents.”

Again, the economy is definitely doing well. But it can’t last much longer, even if we didn’t have an impulsive, ignorant racist calling the shots. Sooner or later — and most likely, sooner — a crash is coming.

Maybe we should brace ourselves for that inevitability, rather than just hoping and feeling good about our bright, shiny futures.

After much deliberation, President Trump has narrowed down his list of white, right-wing judges and came up with Brett Kavanaugh, who is most likely headed for a seat on the Supreme Court.

As we know, Mitch McConnell basically stole one seat on the Supreme Court, and with Kavanaugh’s confirmation, we will be looking at a solid majority of reactionary justices who will rule over the nation for decades to come.

Yes, anywhere from a few weeks to a few years from now, Trump will no longer be president, and his name will be fully ensconced on the short list of presidential abominations like Buchanan, Harding, Nixon, and Bush 2.

However, even then, we will still have to live under the rulings of out-of-touch conservatives and people who long for the 1950s.

Many Republicans held their noses and voted for Trump because they wanted the GOP to load up the Supreme Court with its kind of judges. They got their wish, of course, so maybe they will finally be happy and stop feeling so persecuted and perpetually furious (note: not very likely).

Of course, those Republicans who know Trump is a disaster will say that his judicial choices justify their backing. To be fair, it is quite a bargain. The GOP gets its agenda advanced, and all it costs America is the loss of our values and our standing in the world. Oh, and every ethnic minority, gay person, and immigrant now feels the icy grip of fear constantly, and there will most likely be some kind of economic disaster soon. But hey, it all evens out — right?

However, if the establishment GOP is happy, what about those fabled working-class conservatives who propelled Trump to victory?

After all, we heard stories of “economically anxious” farmers and unemployed factory workers who wanted to shake up the system, and while they were at it, maybe get their small town’s opioid crisis under control.

It’s hard to believe that these hardscrabble folk feel vindicated because, for example, the Supreme Court has “sided against workers’ rights in an important arbitration case.” Is that really what they wanted?

Along those lines, keep in mind that only 29% of Americans want to see Roe v. Wade overturned. Yet 46% of voters picked Trump.

That’s at least a 17-point gap in reality.

Of course, we should know by now that many people didn’t vote for Trump because of an allegiance to GOP goals. They voted for him because he shared their hostility toward foreigners and swarthy people. Maybe they were unemployed coal miners, or maybe they were rich Manhattan lawyers. The only thing they had in common was that they never — and I mean, never — wanted to hear Spanish.

And today, a lot of those heartland conservatives see their precious leader screwing them over because of some insane drive to start a trade war. Or their tiny town is exactly as messed up as it was two years ago, with no signs of help from the Trump Administration.

And yet they continue to pledge their eternal loyalty to him. And they will continue to support an agenda that is focused on making rich people richer. And their pain will never end. But of course, they will blame the liberals for that, and the cycle will continue.

By the way, assuming that Kavanaughis confirmed, four of the last six Supreme Court justices will have been appointed by Republican presidents who lost the popular vote.

That, apparently, is democracy.

OK, I have to admit I was thrilled when our landlord informed us that he was selling our building. This was a guy who would tell us how much he appreciated us as tenants and then — mere days or even hours later — threaten to evict us over some imaginary breach of our lease or Seinfeldian personal slight. Basically, he was nuts, and over the years, we grew to hate dealing with him.

However, my relief over being rid of the bipolar landlord was short-lived.

You see, I live in Los Angeles, which is very tenant-friendly. For example, rent control exists, and owners can’t just boot people out if they feel like it.

However, there are ways to send renters packing — even those who pay their rent on time and are model tenants.

One way is to buy a building and then move an immediate family member in. Now, this isn’t some vile loophole. It makes sense that if you buy a building, you or your kid can live in it.

But legal and ethical isn’t always the same thing, as you may have heard.

In our case, the new owners took possession of our building and promptly deflected any questions about their intentions — good or otherwise.

We were concerned about this for a very real reason. Our neighborhood, as I’ve written, has morphed from skuzzy to somewhat nice to flat-out hipster, all in a brief blink of time. We moved in seven years ago, when the area was still affordable, and young guys in Civil War-era beards weren’t clamoring for more coffee bars.

I still love living here, and the rapid gentrification hasn’t been so egregious that the neighborhood has lost all its character.

Of course, old-timers might disagree with me. For example, our neighbors have been here for 15 years. And as a lesbian couple, they were at ground zero in prodding the area from seedy enclave to happenin’ LA hotspot.

Yes, let’s just get this out of the way. There is never a better development for a downtrodden neighborhood than the news that gay couples are moving in.

Our friends are a big reason why this neighborhood is so popular. They worked to turn this area into a beautiful urban garden.

And the new owners have responded by kicking them out.

Our landlords have announced that their daughter, in her twenties, will be moving into our friends’ apartment.

It’s hard to view this development as anything less than the following scenario:

Spoiled Millennial: Daddy, I want to live in that neighborhood that was divvy, but now it’s all hip and trendy.

Rich Daddy: You’re in luck, sugar plum. I just expanded my vast real estate empire by buying a building there.

Spoiled Millennial: So I can have my own place, rent-free?

Rich Daddy: Of course. All we have to do is kick out the couple who has lived there for 15 years and helped make the place great in the first place. Consider them gone.

Spoiled Millennial: Goody goody. Thanks, Daddy.

Is that a bit much? No, it’s not. Because regardless of how the actual conversation went down and the tone of voice used and the amount of angst that occurred, the result is the same.

The rich kid wanted our friends’ place, and she got it. And our friends are packing up.

I’ve written before about gentrification, and how it tends to hit black and Latino neighborhoods harder. Indeed, there is a large Hispanic population in our neighborhood, but it has been dropping steadily for a few years now.

In our case, some very rich white people have decided that our area is now desirable, and they will ultimately take whatever they want.

Damn, maybe we were better off with the crazy landlord.

The recession has been over for some time now, and the economy is booming… wait. You say, it’s not booming unless you’re rich?

Well, if you’re still feeling pinched, maybe it’s the fault of individuals heavy on the melanin. The odds are pretty good that you blame them anyway.

You see, a new study has shown that Americans “become subconsciously more prejudiced against dark-skinned people when times are tight.”

That’s right. On top of devastating the country, wiping out many people’s savings, and increasing the obscene gap between the wealthy and the rest of us, the Great Recession may have had the side effect of increasing racial tension.

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As we all know, Latinos are about as likely to vote Republican as they are to sprout feathers and fly.

The conservative reaction to Latinos’ tendency to vote Democratic is usually disbelief and the continued insistence (despite all evidence to the contrary) that Hispanics are really Republicans but just don’t know it. Even this misguided, paternalistic response is preferable, however, to the other common reaction from conservatives, which is overt hostility to Latinos and the claim that Republicans don’t need nothin’ from those illegal alien sumbitches.

Well, give credit to the big kahunas of the conservative movement, the Koch brothers, who have realized two things:

They need Latinos to win elections. And insulting and denigrating Hispanics doesn’t win them to your side.

As such, “one Koch-backed group is using a softer touch to try to win over part of the nation’s booming Hispanic population.” The group, the Libre Initiative, “is sponsoring English classes, driver’s license workshops, and other social programs to try to build relationships with Hispanic voters.”

As one leader of the Libre Initiative explained, the group is striving to build trust, with the hope that if Hispanics like the organization, “they may seek our opinion on something else.”

It’s unclear what this ominous “something else” is, but it apparently includes the idea that real Latinas “respect authority” and the acknowledgement that the rich are America’s “only productive class.”

For further edification, the speeches at the recent Conservative Political Action Conference (CPAC) may offer a clue. At this who’s-who of the conservative movement, that grand old crazy lady of the right wing, Ann Coulter, was met with applause when she called for the formation of death squads to take out any politician who supported immigration reform.

Now, if there’s one thing that many Latino immigrants know, it’s what a death squad looks like. So it’s clear that conservatives are finally speaking our language.

As I’ve written before, we Hispanics are known for our fierce work ethic.

Think of immigrants slaving away at grueling tasks that native-born Americans refuse to do. Or consider that last year, “the number of Latino entrepreneurs grew more than white, black, and Asian entrepreneurs.”

Yes, we sure like to work. It’s unfortunate, then, that so many Hispanics who reach old age have nothing to show for it. This is because “fewer than half of … Latino workers have retirement plans on the job, leaving the vast majority of them with no savings designated for their golden years.”

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By now you’ve heard GOP Rep. Steve King (a longtime friend of the Hispanic community) insist that “among young undocumented immigrants in the United States, ‘for everyone who’s a valedictorian, there’s another 100 out there who’” are essentially drug mules.

King, “an Iowa conservative who has come under fire for comments about immigrants before,” has stood by his remarks, insisting that he has “seen it with my eyes and watched the data and video that support what I say.”

I think we would all like to see the video that shows 100 Latino drug mules ganging up on one Hispanic valedictorian. That would indeed be persuasive to the immigration debate.

But all these references to mules have me thinking about another anti-immigration zealot who was obsessed with animals. I’m taking about Cordelia Scaife May, an heiress who, “before her death in 2005, devoted much of her wealth to … curbing immigration, both legal and illegal.”

Scaife May “never knew poverty,” unlike so many of the immigrants she despised. Ultimately, she became a crazy recluse and alcoholic. She also was obsessed with birds.

Her millions continue to fund right-wing anti-immigrant groups to this day. So here we have a rich person who never worked a day in her life. She was a virulent xenophobe and racist who held her fellow humans in contempt simply because they were born in another country. But she had a soft spot for the little birdies.

And who can argue with those priorities?

Basically, some conservatives don’t think of Hispanics as animals. They think of Hispanics as less than animals.

A year ago, I wrote about how the Great Recession hit Latinos hard. At the time, I was hopeful that the worst was behind us. Perhaps that was my natural Hispanic tendency to be optimistic.

After all, Latinos “are worse off, but they are still more positive about where the country is going” compared to most Americans. In particular, “Latino small-business owners are among the fastest growing and most upbeat [groups] in the nation,” and they “worry less about job security and are more positive and humble.”

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I used to write for a website whose target audience was upscale Hispanic men. My job was to find the hippest, most happenin’, muy caliente places and products.

Of course, I soon grew weary of writing for guys who think $5,000 stereo speakers are their god-given right. But I also got tired of explaining the gig to people who asked, “Just how many rich Latino guys can there be?”

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Due to unusual circumstances that I won’t even get into, I found myself at a ritzy event, surrounded by wealthy individuals. I happened to be standing near the door, and I saw members of the one percent walk in.

For the most part, they were polite and just like you and me. However, the exceptions were numerous enough to notice.

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