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In Which I Unexpectedly Agree with AOC
She may think she’s blasting capitalism, but someone needs to explain her real complaint is against corporatism:
‘Instead of conservative politicians scaring people that socialism means the government is going to take over their business, “we should be scared right now because corporations have taken over our government,” she said.’
And almost all the large interest groups who benefit from Big Government are on her side of the political spectrum. Corporatism, or the use of government to capture market-share, is the consequence of a too powerful government.
Maybe we can convert her to a freedom lover.
I can dream, can’t I?
Published in General
After Trump, I try not to make political predictions, but I’ll make an exception. I think she’s a destructive idiot who will become a fixture in our political future. I’d be happy to be wrong.
AOC and Ilhan Omar babble like stupid versions of Hughy Long and so far it nets out for them.
I’m not sure AOC looks at the problem of Corporatism the same way Western Chauvinist does. I think to her like Orange Man Bad, All Business Bad.
However, that said Corporatism is a huge problem. It is more than just talking about the promotion of free markets or a concern about the destructive effects of regulation, both of which I agree with. It is about downright favoritism and the heavy tilting of the playing field to benefit the powerful and connected and to wipe out their competitors. It is also about flooding America with illegals and giving them sanctuary to depress the wages of common Americans.
There are a number of ways Corporatism gains undue favoritism:
• Behind the closed doors of Congress and many a State Legislature, powerful interests, ( not just corporations) with little public notice have for too long and with a recent incredible increase in intensity been able to tack on amendments to bills favoring their interest in ways that would shock the general public if known.
• Our Federal Administrative State system, albeit wholly unconstitutional to my way of thinking, regularly and consistently favors either the Leftist bent of our bureaucrats or the whims of the heavily connected Corporate interests and their lobbyists. Many are unaware that these Federal Agencies create law without accountability to the voter and thanks to the “wisdom” of the Supreme Court’s Chevron decision these Agency acts are almost literally enshrined above all else, and made maddeningly resistant to change from the voting booth.
• However, much of the recent massive increase in wealth accruing to the 1% has to be laid at the feet of the Federal Reserve and it’s ill conceived and very destructive multi-trillion dollar Quantitative Easing maneuvers. This scheme granted established large Corporations and the Big Banks an incredible competitive advantage against small business and their competitors giving loans at the Discount Window or Corporate bonds at almost zero percent interest , while at the same time with the assistance of the Dem’s Dodd Frank/Bank Bailout denying lending to those same small businesses killing many a business in the process on the one hand and on the other literally wiping out many of the small banks that lent to those same small businesses. This story, despite being almost horrific in scale and destruction, is largely unknown and almost totally uncovered by the mainstream news including FOX. This intentional massive wealth transfer was almost unbelievable in it’s destructive power and how it has changed the American economy concentrating great power in the hands of the large Corporate interests. Adding insult to injury, the FED’s QE allowed the Chinese to mount a QE fifteen times as large which allowed them to go on a global buying spree buying up competitors left and right and to engage in an incredible automation/robotization investment binge to gain an overwhelming competitive advantage against American competition.
That last paragraph in unsk2 #33 is huge, and very well articulated.
Don’t like populism and socialism? Do you want conservatism or libertarianism to get traction? Fix that.
Think anyone in the GOP cares?
I’m much more optimistic about AOC. I think that she is a gift.
The more she talks, the more sensible people will realize that she’s a babbling fool. And she’s getting much of the Democratic Party to go along with her silliness, as they must kowtow to their kooky SJW base.
“The more she talks, the more sensible people will realize that she’s a babbling fool.”
She and her friend Omar have stripped away many of the fig leaves that the Democrats were hiding behind, exposing their true intentions of instituting government control and tyranny where there was once freedom. Now if only more of the brainwashed masses would understand the danger of government control and tyranny.
People complain about corporate money in politics, but they never complain about politics in the corporation. The reason there is so much money in politics is because there is so much government in business. Cut regulation and taxes, and all that magically goes away.
Preach it Pastor!!!
Flat Tax (no more than 18%)! Can I get an amen?
10% would be fine by me fwiw
Congress points the gun at our heads enforces us into an auction of tax brackets and deductions. It is the most idiotic form of central planning ever invented. It adds zero value. Flat tax only.
Preach it Rufus!
I got that from a hedge fund guy on Twitter. It seems pretty fundamental. But no one on the right ever puts it that way. Now if you wanted to fix it it’s a huge political problem.
Consumption taxes are the only sensible taxes, but now we are way too far down the other road to go back to that.
Also that’s supposed to be “and forces” of course.
Precisely written my good sir.
I have a question for you. Why does the mortgage interest deduction improve anything? This is central planning around shelter prices. What good is it? What is the value added?
The original purpose of the income tax was the word “income,” which is not the same as wages. Income came from capital items, such rents and interest. You pay taxes on interest earned from savings accounts, but you get to subtract interest paid on Mortgages. A earlier form of the Value Added Tax. Wages being taxed came much later, especially during WWII.
Very interesting. Well done.
Some people think the only tax should be taxing the crap out of the undeveloped value of land. I’m not sure I agree with that.
This is the type of conversations you have to be had if the right and libertarians are ever going to get any traction.
Problem is there is no backbone on our team. You will die all alone on “that hill” one day amigo mio.
This is why I think people bitching about Trump not being conservative is sort of ridiculous, and also I think that everything is going to keep moving left until every single Western bond market collapses. The Republican Party isn’t conservative. It’s a joke.
check zero mills good sir
start memorizing your koran dudes
But they live in the Ivory Towers so they will be the last to be seriously impacted.
Amen bruthuh! Or sistuh, as the case may be.
Simon identifies as male.
Nah, I’d rather die on my feet than live with that sword over my head.
Here’s a thought. We’ll compromise — flat tax 15% and no more automatic withholding. Everyone writes quarterly checks or the IRS has to come and take it.
Think of the cash flow! Think of the jobs!
The people at Turbo Tax would have to find something new.
#LearnToCode. Oh, wait.
They could go to work for IRS enforcement… molon labe, baby!
If you wouldn’t mind speeding it up just a bit so that I may have an opportunity to read and reflect on your answer? You know, before they ‘suspend’ me on trumped up charges as usual.