Republican presidential candidate Donald Trump speaks at a rally and picnic in Oskaloosa, Iowa. Charlie Neibergall / AP Photo
Republican presidential candidate Donald Trump speaks at a rally and picnic in Oskaloosa, Iowa. Charlie Neibergall / AP Photo
Republican presidential candidate Donald Trump speaks at a rally and picnic in Oskaloosa, Iowa. Charlie Neibergall / AP Photo
Republican presidential candidate Donald Trump speaks at a rally and picnic in Oskaloosa, Iowa. Charlie Neibergall / AP Photo

Republican race is a contest devoid of dignity


  • English
  • Arabic

The 2016 Republican presidential contest has barely begun and I want it to end already.

A part of the problem is the plague of too many candidates, 17 at last count, with many of them competing for headlines by making outrageous statements targeting Hispanics, Muslims, Barack Obama, Hillary Clinton or each other. They apparently feel the need to do so not only because Donald Trump draws the most media attention, but because, as his poll numbers demonstrate, a significant body of Republican voters feed off of the anger and insult that is being dished out.

Instead of a serious policy debate, we are forced to endure a campaign based on xenophobia, personality attacks and crude taunts.

In the past week alone Mr Trump continued his rant against “illegals”. Ted Cruz called his party’s legislative leader “a liar” on the floor of the Senate. Scott Walker was slightly more refined accusing his party’s leaders of making “false promises”. Mike Huckabee charged that with the Iran deal, Mr Obama was marching Israelis into the ovens and Marco Rubio criticised Mr Trump saying that America didn’t need another president with “no class”, because we already have a president with “no class”.

Now there are, to be sure, thoughtful candidates on the Republican side who have ideas worth examining. But the policies they are proposing have been drowned out by the excessive news coverage given to the demeaning verbal antics of their challengers.

We’ve not yet had the first GOP candidate debate and the race up to that event has itself fed the problem of rhetorical excess. Since there are so many Republican contestants, Fox News, host of the first debate, has arbitrarily decided that they will only invite the candidates who rank in the top 10 in average poll ratings. This has left those with lower poll numbers to feel that they needed to use insults or outrageous stunts to draw the press attention they will need to lift them into the top 10.

While the media can be blamed for covering the candidates’ bad behaviour and Fox News can be faulted for creating a competition for those “who can say the nastiest things”, the core problem lies with the base of today’s Republican Party.

This isn’t a new development. It began in 2008 when the combination of the reverberating shock of the economic downturn, the dawning realisation that America had lost lives, treasure and prestige in two failed wars, and the prospect of the election of a black president, caused a substantial number of middle class, middle aged whites to become unmoored.

In their bewilderment, they fell prey to the demagoguery of the likes of Sarah Palin and later of Michele Bachmann, a rejuvenated Newt Gingrich, and Herman Cain. All of these factors and personalities gave rise to the Tea Party and the “Birther Movement” – conspiracy theorists who believe Mr Obama was not born in the US.

Back then, responsible Republicans warned that a monster was being created that would first attack the president and Democrats but would ultimately turn on the party and devour it as well.

The Republican party faithful paid no heed to these warnings and, believing that they could ride this insurgency to victory, they fed the beast of anger and frustration.

The warnings proved true. In statewide elections moderate Republicans were defeated by the Tea Party and the establishment of the GOP found itself losing control of its base.

This drama played out on stage during the many debates that shaped the 2012 Republican primary contest.

Smart and thoughtful candidates like Jon Huntsman were drowned out by the antics of those who played to the majority. While Mitt Romney ultimately won the right to represent his party, what happened to him along the way proved fatal to his chances of winning the presidential election.

It has been argued that if Mitt Romney had run in 2012 as the moderate Republican governor of Massachusetts he might have won the presidency. The problem, however, was that a moderate could never have won the Republican primary. In the end, the Romney who emerged from the primaries had been so battered and bruised and his party’s brand had been so tarnished that he could not carry the nationwide vote.

All signs point to the fact that the same tragicomedy will be playing out this time. In all likelihood, the results will be much the same. As my brother John Zogby is fond of saying, America needs a third party – the Republican Party of old – in which George HW Bush and James Baker could be at home.

Alas, in the atmosphere of today, we will not see sanity on the right side of the aisle this year or in the foreseeable future.

James Zogby is the president of the Arab American Institute

On Twitter:@aaiusa

If you go

Flights

Emirates flies from Dubai to Phnom Penh with a stop in Yangon from Dh3,075, and Etihad flies from Abu Dhabi to Phnom Penh with its partner Bangkok Airlines from Dh2,763. These trips take about nine hours each and both include taxes. From there, a road transfer takes at least four hours; airlines including KC Airlines (www.kcairlines.com) offer quick connecting flights from Phnom Penh to Sihanoukville from about $100 (Dh367) return including taxes. Air Asia, Malindo Air and Malaysian Airlines fly direct from Kuala Lumpur to Sihanoukville from $54 each way. Next year, direct flights are due to launch between Bangkok and Sihanoukville, which will cut the journey time by a third.

The stay

Rooms at Alila Villas Koh Russey (www.alilahotels.com/ kohrussey) cost from $385 per night including taxes.

The specs: 2018 Chevrolet Equinox

Price, base / as tested: Dh76,900 / Dh110,900

Engine: 2.0L, turbocharged in-line four-cylinder

Gearbox: Nine-speed automatic

Power: 252hp @ 5,500rpm

Torque: Torque: 352Nm @ 2,500rpm

Fuel economy, combined: 8.5L / 100km

MATCH INFO

UAE Division 1

Abu Dhabi Harlequins 12-24 Abu Dhabi Saracens

Ad Astra

Director: James Gray

Stars: Brad Pitt, Tommy Lee Jones

Five out of five stars 

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

MATCH INFO

South Africa 66 (Tries: De Allende, Nkosi, Reinach (3), Gelant, Steyn, Brits, Willemse; Cons: Jantjies 8) 

Canada 7 (Tries: Heaton; Cons: Nelson)

Studying addiction

This month, Dubai Medical College launched the Middle East’s first master's programme in addiction science.

Together with the Erada Centre for Treatment and Rehabilitation, the college offers a two-year master’s course as well as a one-year diploma in the same subject.

The move was announced earlier this year and is part of a new drive to combat drug abuse and increase the region’s capacity for treating drug addiction.

Start times

5.55am: Wheelchair Marathon Elites

6am: Marathon Elites

7am: Marathon Masses

9am: 10Km Road Race

11am: 4Km Fun Run

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SHAITTAN
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The details

Heard It in a Past Life

Maggie Rogers

(Capital Records)

3/5

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million