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The Ruling Class Fears Ocasio-Cortez


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#31 diogenes227

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Posted 01 March 2019 - 01:17 PM

AOC Thinks Concentrated Wealth Is Incompatible With Democracy. So Did Our Founders.

 

 

 

After popularizing the idea of a 70 percent top marginal tax rate earlier this month, the freshman congresswoman recently suggested that the mere existence of billionaires was both immoral, and a threat to American democracy. “I do think that a system that allows billionaires to exist when there are parts of Alabama where people are still getting ringworm because they don’t have access to public health is wrong,” Ocasio-Cortez told the writer Ta-Nehisi Coates, during an interview on Martin Luther King Day. One day later, the congresswoman approvingly quoted an op-ed by the economists Gabriel Zucman and Emmanuel Saez, which argued that the purpose of high taxes on the wealthy wasn’t merely to generate revenue, but rather, to safeguard “democracy against oligarchy.”


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#32 colion

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Posted 01 March 2019 - 05:18 PM

Alexandria Ocasio-Cortez Has A Serious Billionaire Problem

 

February 21, 2019
 
Redistribution: Alexandria Ocasio-Cortez says billionaires are immoral. She also thinks the U.S. should be more like Sweden and Norway. So she wants more billionaires here?
 
Democrats have recently discovered a new threat to the American way of life: billionaires.
 
An interviewer recently asked socialist Ocasio-Cortez: "Do we live in a moral world that allows for billionaires? Is that a moral outcome?"
 
Alexandria Ocasio-Cortez Says Billionaires Are Immoral
 
Her answer: "No, it's not. It's not. It's not. And I think it's important to say that."
 
Her policy advisor, Dan Riffle, said that "every billionaire is a policy failure."
 
Not to be outdone, fellow socialist and presidential candidate Bernie Sanders complained that "We live in a nation owned and controlled by a small number of multibillionaires whose greed, incredible greed, insatiable greed, is having an unbelievably negative impact on the fabric of our entire country."
 
Elizabeth Warren calls billionaires "freeloaders" who don't "pick up their fair share."
 
She's urged Democrats to eschew them as candidates and campaign contributors. "This is a moment for all of the Democratic nominees, as they come into the race, to say … no to the billionaires. No to the billionaires."
 
Let's leave aside the fact that <b>a substantial portion of the 530 or so billionaires in the country are liberals</b>. These include Mark Cuban, Oprah Winfrey, Sheryl
Sandberg, Marc Benioff, Warren Buffett, George Soros, Tom Steyer, David Geffen, Sumner Redstone, Laureen Powell Jobs, Michael Bloomberg and Howard Schultz.
 
They Give Generously To Dems
 
A few years ago, the liberal-leaning fact-checking site PolitiFact looked at political donations by U.S. billionaires. Of the 100 biggest donors to outside spending groups, it found, 22 were billionaires. "Of those 22 billionaires, 13 — or more than half — gave predominantly to liberal groups or groups affiliated with the Democratic Party."
 
When these top Democrats aren't railing against billionaires in the U.S., they are extolling the virtues of allegedly socialist countries like Norway, Denmark, Sweden and Finland.
 
Not too long ago, Alexandria Ocasio-Cortez, in defending herself against the charge that her policies would turn the U.S. into a Venezuela-like hell hole of deprivation and dictatorship, said: "What we have in mind — and what of my — and my policies most closely resemble what we see in the U.K., in Norway, in Finland, in Sweden."
 
During his last run for president, Bernie Sanders often said he yearned to make the U.S. more like those countries. In a debate with Hillary Clinton, he declared that: "We should look to countries like Denmark, like Sweden and Norway, and learn from what they have accomplished."
 
They're Plentiful In 'Socialist' Paradises
 
Turns out these countries do have something to teach the U.S. — namely, how to produce billionaires.
 
An Op-Ed in, of all places, the New York Times notes that <b>Sweden and Norway have more billionaires per capita than the U.S.</b> Finland and Denmark have only
slightly fewer. In fact, the U.S. comes in 10th place on this list, according to the author of that piece, Will Wilkinson.
 
"If there are billionaires in all the places where people flourish best, why think getting rid of them will make things go better?" he asks.
 
Wilkinson goes on to note that most of the world's richest got that way by making other people's lives better.
 
"Innovators capture about 2% of the economic value they create," he writes.
 
"The rest of it accrues to consumers. Whatever that is, it's not a raw deal."
 
We can hear the response from the likes of Ocasio-Cortez now. Yes, those countries have billionaires, but they also have lower rates of income disparity and more wealth distribution.
 
Maybe so. But those countries are also relatively tiny and almost entirely homogeneous. Sweden, Norway and Finland, in fact, are among the least diverse nations in the world. (Parents even must pick from a list of government-approved baby names.)
 
They also don't have uneducated immigrants pouring across their border. And they spend almost nothing on defense, which makes it far easier to finance generous public benefits.
 
Not A Good Economic Strategy
 
What's more, those countries are moving away from their welfare-state pasts toward freer and more open economies. As we noted in this space, they have things like lower corporate taxes, partially privatized social security, school choice, and minimal if any minimum-wage laws. And they rank higher than the U.S. on economic freedom indexes.
 
Bashing billionaires might excite the people who tend to vote in Democratic primaries. But <b>stoking class envy won't lead to good economic policies. And it won't make the country more prosperous.</b>
 
Just ask the folks in Sweden and Norway.

Edited by colion, 01 March 2019 - 05:22 PM.


#33 stocks

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Posted 02 March 2019 - 12:40 PM

Glenn GreenwaldVerified account @ggreenwald
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Glenn Greenwald Retweeted John Anzalone

It was only a matter of time before the realization sunk in that a major plank of AOC's campaign & politics is a (often-harsh) critique of the establishment wing of the Demo Party. There's a reason she was a vocal Sanders supporter & dispatched a party leader to his lobbying sewer:

Glenn Greenwald added,

John Anzalone

 


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UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#34 stocks

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Posted 05 March 2019 - 07:32 AM

AOC's mother told The Daily Mail she was glad she moved to Florida because the taxes are too high in New York.  

 

Blanca Ocasio-Cortez: “I was paying $10,000 a year in real estate taxes up north. I’m paying $600 a year in Florida. It’s stress-free down here.”   https://www.thegatew...ous-tax-burden/


-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#35 colion

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Posted 05 March 2019 - 09:13 PM

FEC Complaint Filed Against Rep. Alexandria Ocasio-Cortez for ‘Extensive Off-the-Books’ Campaign

 

National Legal and Policy Center (NLPC) filed a formal Complaint today with the Federal Election Commission (FEC) against Rep. Alexandria Ocasio-Cortez (D-NY), her chief of staff Saikat Chakrabarti, and several other individuals and groups who orchestrated an extensive operation to hide hundreds of thousands of dollars in campaign spending during the 2018 campaign, in violation of the Federal Election Campaign Act of 1971, as amended.

 

The funds were expended in support of ten or more Congressional candidates by a for-profit entity called Brand New Congress LLC, apparently operated by Chakrabarti. The Act requires that all expenditures of $200 or more to be disclosed to the FEC, and their purpose identified. The Complaint alleges that Chakrabarti’s LLC served as a “cutout,” for at least $885,735 received from Ocasio-Cortez’s campaign and two federal political action committees, Brand New Congress PAC and Justice Democrats PAC.

 

The final disposition of the funds is unknown because whatever expenditures were made were never reported to the FEC. It appears, however, that they underwrote a score of campaign-related events and activities for Ocasio-Cortez and other Congressional candidates.

 

Chakrabarti described the operation on MSNBC’s Rachel Maddow as a “unified” national campaign to elect progressives to Congress, whereby candidates would be freed from the responsibility of raising money or administering their campaigns. He did not mention that it would also free candidates from the responsibility of disclosure. He stated that one of the campaign’s priorities is to “get rid of the influence of money in politics.”

 

According to Tom Anderson, director of NLPC’s Government Integrity Project, “These are not minor or technical violations. We are talking about real money here. In all my years of studying FEC reports, I’ve never seen a more ambitious operation to circumvent reporting requirements. Representative Ocasio-Cortez has been quite vocal in condemning so-called dark money, but her own campaign went to great lengths to avoid the sunlight of disclosure.”

 

NLPC helped expose irregularities in the use of campaign funds by ex-Rep. Joseph Crowley (D-NY), who Ocasio-Cortez defeated for re-election in 2018.


Edited by colion, 05 March 2019 - 09:15 PM.


#36 stocks

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Posted 07 March 2019 - 08:17 AM

AOC Defeats Pelosi    https://www.dailymai...Ilhan-Omar.html

 

Democrat presidential candidates Bernie Sanders, Kamala Harris and Elizabeth Warren all DEFEND Rep. Ilhan Omar as she faces a wave of criticism over her 'anti-Semitic' remarks  

 

 

This is a spectacular victory for free speech and against the Ruling Class.

 

We can now publicly criticize Israel and AIPAC and they won't be able to respond by destroying our lives.


-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#37 diogenes227

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Posted 09 March 2019 - 01:21 AM

Conservatives want to boycott Girl Scout Cookies because Alexandria Ocasio-Cortez was once a Girl Scout?

 

CONSERVATIVES HAVE GONE COMPLETELY INSANE

 

Instead better to boycott beer because Brett Kavanaugh likes beer.  laugh.pnglaugh.pngbiggrin.pnglaugh.pngclapping.gif


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#38 *JB*

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Posted 10 March 2019 - 02:07 PM

''ConservativeS''?? BS!!

One fringe columnist called for this so called boycott.

BTW all but six Democrat Congresspeople voted to support illegals voting .. this week.
"Don't think...LOOK!"
Carl Swenlin, founder of Decision Point and original Fearless Forecasters board.

#39 *JB*

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Posted 10 March 2019 - 02:24 PM

All but 3 Democrat senators voted to support killing babies BORN ALIVE!

Who has gone insane?

Edited by *JB*, 10 March 2019 - 02:25 PM.

"Don't think...LOOK!"
Carl Swenlin, founder of Decision Point and original Fearless Forecasters board.

#40 diogenes227

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Posted 11 March 2019 - 12:20 PM

I'm laughing at all this.  One 29-year-old Congresswoman shows up, in office a mere two months, and the entire conservative bubble goes crazy.  She's fully half the programming content on Fox News!

 

Granted she does have a pin in her hand so maybe the bubble should be freaking out.  pop.gif


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."