Posts Tagged ‘what’s wrong with Hillary Clinton’s economic plan?’

What’s Wrong With Hillary Clinton’s Economic Plan? Plenty, But Here’s The Bottom Line

August 11, 2016

So Hillary Clinton’s basic economic pitch is that she is going to “level the playing field” by punishing Wall Street and big businesses and allowing all those horrible profits to be shared by the American people.  And it will be oh, so good for us and oh, so bad for those terrible, greedy, evil Wall Street firms and corporations.

Sounds good.  At least it sounds good to people who either aren’t that honest, or aren’t that bright, or are neither honest nor bright.

For one thing, Hillary Clinton has taken more filthy, greedy money from Wall Street than ANY politician in the ENTIRE HISTORY OF THE WORLD has EVER taken.  To express it in the form of a headline, “Clinton is the Wall Street candidate based on donation figures.”  Hillary Clinton has been bought and paid for by Wall Street.   She was paid millions – a total of at least $153 million with a shocking percentage coming not only from foreign entities but from the worst rogue nations on planet earth – to give speeches and Wall Street was one of the top U.S. entities.  And recordings or transcripts those Wall Street speeches, unlike any national security secret which she treated with cavalier disdain, are top secret classified never to see the light of day.  Even the leftist-oriented Huffington Post puts it this way: “Release of Clinton’s Wall Street Speeches Could End Her Candidacy For President.”

Hillary Clinton was paid MILLIONS to tell Wall Street what her presidency would do to benefit them.  She made very sure that all reporters were BARRED from her speeches to Wall Street firms.  Why did she do that???  She allowed NO RECORDING DEVICES other than her own recording for her own use which of course is in a vault somewhere.  Why did she do that???  And lastly, when Hillary Clinton was a Senator from New York, she was “hands off” on Wall Street in spite of the fact that Wall Street happens to be in HER state where SHE should have been in control of regulating what they did in HER district.  But she never bothered.  Why do you seriously believe she will bother now when our enemies can find out every single national security secret Hillary Clinton knew, but NOBODY can find out so much as a single word she said to Wall Street in speeches that she was paid as much as $675,000 to give???  She wouldn’t even allow PLACARDS on tables for fear that a photo might leak and the American people could see an image of who Hillary Clinton was being paid MILLIONS of dollars to talk to.  Why would she do that???

A Wall Street pay-to-play player said, “It was pretty glowing about us,” one person who watched the event said. “It’s so far from what she sounds like as a candidate now. It was like a rah-rah speech. She sounded more like a Goldman Sachs managing director.”  And that’s exactly why we will NEVER hear her speeches as she betrays the American people and betrays as a lie every single thing she now says in her campaign rhetoric.

Hillary Clinton has proven herself more than any politician who has ever LIVED that she will be a crony capitalist fascist who will do insider deals with those who offer her something in return.  She will sell out the American people for a nickel if that’s the going rate.  You can absolutely trust Hillary Clinton to sell out your interests for larger, more powerful interests every single time.  That is simply the story of her life.

The notion that this candidate is going to actually reform Wall Street in a way that would benefit anyone but Wall Street is so beyond laughable that it is beyond unreal.  You literally have to be a fool to believe that.  Mind you, there ARE plenty of intellectuals who are just such fools indeed.  Famous prophetic novelist George Orwell said, “There are some ideas so absurd that only an ‘intellectual’ could believe them,” because no ordinary man was capable of being such a fool.”   And the point he was making is that these people live in a giant ivory tower vacuum and none of their ideas actually have to ever be proven or even be provable in the real world to be believed.  They live in a world of theories, not in a world of facts.  They build nothing and have no grasp whatsoever on how TO build anything.  They are nothing more than eloquent ideologues consumed by hidden agendas.  Whereas people who must face reality every single day can never be so disconnected from the truth because unlike the intellectuals they would STARVE in the COLD.  I came across a meme on Karl Marx that ought to be illustrative how such foolishness contaminates minds:

Karl Marx

Why one earth would not merely millions but BILLIONS believe so passionately in the theories of this man, who had never in his lifetime actually produced ANYTHING in the actual, real world and whose theories have failed in every single “laboratory of reality” in which they have EVER been tried???

Karl Marx was precisely one of the fools that the great author of 1984 and Animal Farm was describing.  In  fact, both books were written by a horrified Orwell as he contemplated totalitarian socialism.  The Marxist theory continues because of the sheer, ponderous weight of all the other ivory tower egghead fools who have absolutely no grasp whatsoever of actual reality.

Hillary Clinton is another such fool.  She accomplished exactly NOTHING in spite of her so-called record of accomplishment.   Even her own State Department had to REDACT her list of “achievements.” 

But as bad as that indictment of Hillary Clinton is, that actually isn’t the “bottom line” fallacy that I am describing regarding Hillary Clinton’s economic plan.  I merely cite that to try to undercut her own claims and the claims of other fools on her behalf.  Just realize that the pile of intellectual manure that is laid out comes from the minds and the belief-systems of the very worst form of fools whom no ordinary man could ever be capable of becoming because they are forced to deal with actual real-world realities that prevent them from ever being such fools.

So what is it that I am describing about what is so truly wrong with Hillary’s plan???

It boils simply down to this: Hillary Clinton is saying she will tax and regulate and force Wall Street to be more “fair” or more “just.”  And ignorant people believe that any regulation or tax or coercion on the part of government must surely be a good thing.

That’s where the bait-and-switch takes place.

What you need to understand is that Wall Street and mega-big corporate business actually WANTS higher taxes and punitive regulations and difficult compliance benchmarks.  That sentence very likely shocks you and your mind may say, “No way!”  But let me explain and hopefully you will agree with me when I lay it out.

I googled the phrase “percentage of jobs created by small businesses” and got this result:

According to the SBA’s Office of Advocacy: “Small firms accounted for 63 percent of the net new jobs created between 1993 and mid-2013 (or 14.3 million of the 22.9 million net new jobs). Since the end of the recession (from mid-2009 to mid-2013), small firms accounted for 60 percent of the net new jobs.

So you need to simply first understand that Wall Street and mega-big business are in direct competition with small businesses.

The second thing you need to understand is the crony-capitalist mindset that invariably prefers a larger share of a smaller piece of the pie than a much smaller share of a much larger piece of the pie.  Every truly awful leader understands and exemplifies this mindset, with Kim Jong-un being possibly the very best example.

Let me show you a couple of satellite images of North Korea at night compared to South Korea at night to drive home my point:

North Korea at night 1

North Korea at night 2

South Korea is far more like what Republicans envision where laissez-faire free market enterprise is allowed to flourish; North Korea is far more like what the Democrats envision of a State-controlled economy.  Guess which one ends up being DARK AT NIGHT because THERE’S NOTHING.

And you say, why on earth would they want that?  Why wouldn’t they want a more open and free economy where they have less power, but far more is actually produced and it is better for all the people?  And the simple answer is, “Because they wouldn’t have as much control and as much power.”

The word “fascism” comes from the Roman/Latin word, “to bundle together.”  The image was of a bundle of sticks with an axe head protruding, the concept being that when the people are all bundled together, there is power.  And of course, who controlled that bundle?  The State, the emperor.   That is what the Democratic Party wants: they want to bundle us together like sticks, so that THEY and THEY alone can control the bundle.

There’s a line from Milton’s Paradise Lost that I always remember: when Satan says, “Better to rule in hell than to serve in heaven.”  That’s the mindset of the left: better to have totalitarian rule over a small, impoverished economy than to be a smaller, weaker part of a large, powerful economy.

That is the quintessential essence of progressive liberalism: they want the power to dictate; they want to have the power to determine who wins and who loses, who pays and who receives, who is taxed and who is tax-exempt.

And what about Wall Street and what about the giant corporate entities.  Don’t they just want more profit for their shareholders?

You need to understand: what if we allowed small business to truly flourish?  What would happen to the market share of those great big giant corporate entities and the Wall Street that I’ve already established and documented owns Hillary Clinton and flourishes off of trading those giant corporate entities???

Now let me ask you a follow-up question: which would have an easier time paying higher taxes, great big corporations or small business owners???  Think about this and ANSWER it before you go on: who has an easier time coming up with an extra ten, twenty thousand dollars???  Who is going to be hurt more: the big corporation or the little business?  Let me go on: which would have an easier time complying with a dizzying array of regulations and compliance burdens and costs???  Would the great big corporation or the small business owner have an easier time hiring a full-time compliance officer???

When you actually THINK about it, these are no-brainers.  Just as it is a historic no-brainer that tax cuts increase revenues and have ALWAYS increased revenues as businesses are allowed to keep more of their own money and expand and grow and it is ultimately good for everyone in the form of more wealth and more opportunity for all.

It is BEYOND OBVIOUS that that great big business has a considerably easier time dealing with the increased costs imposed by Democrats than the small business owner.

Small businesses are CRIPPLED by these costs.

Which is why entrepreneurship is at an all-time low because of the Obama administration.

Which is why new small business start-ups are at an all-time low because of the Obama administration.

Our labor participation rate – the measure of the percentage of working-age Americans who actually have a damn JOB – is basically at the lowest rate in history, given that in 1977 which is the last time it was as low as Obama has made it now, we had far more stay-at-home moms as dad went off to work.  A hundred million working-age Americans AREN’T.

Home ownership has declined to its lowest level in 51 years under Obama.  Which like the labor participation rate is basically in the entire history of the statistic being kept.

You find that under Obama, the rich got way, WAY richer and everyone else got poorer as the income gap soared to heights we’ve never seen.  Even Bernie Sanders got that.  And Politifact was forced to agree that under Obama things are worse than they’ve ever been going back to the damn 1920s.

HuffPo has an article titled, “Middle Class Jobs, income, Quickly Disappearing.”  The New York Times says, “Middle Class Shrinks Further as More Fall Out Instead of Climbing Up.”  MSNBC has an article titled, “The Vanishing of the Middle Class.”

These aren’t right-wing sources.  And if they WERE actually FAIR they would depict their articles the way they would if a REPUBLICAN were in the White House, a la “Obama’s War on the Middle Class: The real story behind “hope” and “change.”

This Forbes article probably best nails the dilemma that Obama and the Federal Reserve that is struggling to monetize Obama’s failed policies have placed the United States in.

These are things called facts and I am explaining to you precisely WHY they are facts.

It is like this by design.  You’ve been sold out.  Obama was bought and sold and Hillary Clinton is more bought and more sold than any human being who ever lived.

Over the last eight years, Barack Obama – and now Hillary Clinton is actually promising to do even worse for another eight years- and those under them who control the “bundle of sticks” that we all now ARE thanks to these policies have sold our collectivist souls to the devil.

Let me get back to that all-telling statistic involving entrepreneurship and new business start-ups being DESTROYED by this president like we have never seen.

Would the market share of the giant firms go up or down if the smaller businesses were allowed to actually be unleashed as they were allowed to keep more of their profits and put those profits back into their businesses and be forced to comply with fewer stupid regulations that incur thousands of hours of compliance paperwork???  And the answer is that the pie would grow larger, but the Wall Street- and the corporate-share of that pie would grow much smaller as small businesses grew and grew and grew and were ultimately large enough to become big players themselves.

So let me just quickly lay it out for you: when a Barack Obama or a Hillary Clinton – who are owned lock, stock and barrel by Wall Street and by the mega-corporations – gets into power, they create laws and taxes and regulations and compliance factors that they invite the great big giant entities to write on a pay-to-play basis.

And the biggest players write the laws to shut out their smaller competition, understanding that if they can strangle those smaller businesses and stop them from being able to build and grow and compete with them, that they will get to remain at the top of the heap for decades, even for generations.

The economic purpose of the Democrat Party is to ensure that the very biggest players remain the very biggest players and the smaller competitors are never truly allowed to compete.  The giant Wall Street and corporate dinosaurs don’t want that smarter, more agile mammal to come along and eat their eggs and finish off their road to extinction.  No.  they will continue to maintain the Democratic Party as the engine to maintain the status quo so that that new mammal can never evolve to threaten them.

If you elect Hillary Clinton, you WILL get more of the same; you WILL get a smaller pie with the largest players – who each paid the system for the privilege of remaining the largest players – having the giant share.  And you WILL get fewer jobs, fewer opportunities, and lower wages as a result.

THAT is what is wrong with Hillary Clinton’s economic plan, just as it was wrong with Obama’s economic plan.  Because it’s the same damn tired plan that is nothing more than a watered-down version of Marxism.

 

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