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Posted by Ed 4 mths ago
Justin’s note: America can’t stop talking about Alexandria Ocasio-Cortez (AOC).

AOC, if you haven’t heard, is a 29-year-old democratic socialist. Earlier this month, she became the youngest woman ever elected to Congress.

And that concerns me. I say this because her platform is every socialist’s dream. She wants Medicare to be free. She wants college education to be free. She wants to cancel student debt. She wants to hike the minimum wage to $15. And she wants to replace oil and gas with green energy by 2030.

Now, I realize these ideas might sound good to some people. But none of this would come free. It would require massive tax hikes and a lot more national debt. In short, she’s advocating for policies that often destroy entire economies.

Yet, she’s one of today’s most popular political figures.

https://www.caseyresearch.com/doug-casey-on-alexandria-ocasio-cortez/

COMMENTS

Ed 4 mths ago
Well... not exactly... free.... nothing is free except the air we breathe.... here's what happened when France tried to tax the living daylights out of top earners:


Majority Of Americans Support Raising Top Tax Rate To 70%

Back in 2012, when Europe's populist tensions were first emerging, France's socialist president Francois Hollande decided to harness the unhappiness of the proletariat (and distract from what would soon be one of the most disastrous presidencies in French history), and passed a 75% tax on earnings above €1 million as part of his election campaign.

Supported by socialists everywhere, the reform quickly prompted accusations of an anti-business agenda, sparked an exodus of high-profile personalities (France’s richest man, Bernard Arnault, the chief executive of luxury group LVMH, took out Belgian nationality, and the actor Gérard Depardieu also moved across the border to Belgium before obtaining Russian citizenship), sent local stocks tumbling as investors pulled out of France, and local real estate prices plunged.

While initially the supertax saw broad popular support, the resulting slump in the economy prompted a quick reversal in public opinion. “The reform clearly damaged France’s reputation and competitiveness,” said Jorg Stegemann, the head of the executive search firm Kennedy Executive. “It clearly has become harder to attract international senior managers to come to France than it was.”

More https://www.zerohedge.com/news/2019-01-15/majority-americans-support-raising-top-tax-rate-70

Ed 4 mths ago
A perfect world... approaches???


A new Rasmussen Reports national telephone and online survey finds that, if the 2020 presidential race was between Trump and Ocasio-Cortez, 43% of Likely U.S. Voters would vote for Trump, while 40% would vote for Ocasio-Cortez. A sizable 17% are undecided. (To see survey question wording, click here.)

This is essentially a tie, given the margin of error for this survey is +/- three percentage points.

Not surprisingly, 69% of Democrats would rather vote for Ocasio-Cortez, while 75% of Republicans would cast a ballot to reelect Trump. Trump is the favorite among voters not affiliated with either political party by a 46% to 35% margin.

Among all voters, 34% have a favorable opinion of Ocasio-Cortez. Forty percent (40%) have an unfavorable impression of the New York lawmaker. These figures include 16% who have a Very Favorable opinion of her and 26% who view her very unfavorably. Twenty-six (26%) don’t know enough about Ocasio-Cortez to offer an opinion of her. -Rasmussen

https://www.zerohedge.com/news/2019-01-16/shock-poll-reveals-surprising-result-between-ocasio-cortez-and-trump-2020

Ed 4 mths ago
Green New Deal: "Air Travel Stops Becoming Necessary"

This morning, Rep. Alexandria Ocasio-Cortez released an overview of the Democrat “Green New Deal” which threatens "a massive transformation of our society."

Below are the details of the proposal:

Rebuild every single building in the U.S.

“Upgrade or replace every building in US for state-of-the-art energy efficiency.”

Will end all traditional forms of energy in the next ten years.

The Green New Deal is “a 10-year plan to mobilize every aspect of American society at a scale not seen since World War 2 to achieve net-zero greenhouse gas emissions.”

Plans to ban nuclear energy within 10 years if possible.

“It’s unclear if we will be able to decommission every nuclear plant within 10 years, but the plan is to transition off of nuclear and all fossil fuels as soon as possible.”

Build trains across oceans and end all air travel!

“Build out highspeed rail at a scale where air travel stops becoming necessary”.

Don’t invest in new technology of Carbon Capture and Storage, just plant trees instead!

“We believe the right way to capture carbon is to plant trees and restore our natural ecosystems. CCUS technology to date has not proven effective.”

Mandates all new jobs be unionized.

“Ensure that all GND jobs are union jobs that pay prevailing wages and hire local.”

May include a carbon tax.

“We’re not ruling a carbon tax out, but a carbon tax would be a tiny part of a Green New Deal.”

May include cap and trade.

“…Cap and trade may be a tiny part of the larger Green New Deal plan.”

How much will it cost?

No estimate of the total cost of implementing the Green New deal is offered by Ocasio-Cortez.

However, as Ocasio-Cortez admits, “even if every billionaire and company came together and were willing to pour all the resources at their disposal into this investment, the aggregate value of the investments they could make would not be sufficient.”

She does provide one estimate that the cost to “repair and upgrade infrastructure U.S. infrastructure” alone will cost “$4.6 trillion at minimum.”

How will it be paid for? Don’t worry about that.

Ocasio-Cortez doesn’t provide any insight into how the trillions of dollars in spending will be paid for other than claiming, “The Federal Reserve can extend credit to power these projects and investments and new public banks can be created to extend credit”.

But as Ocasio-Cortez says, “the question isn’t how will we pay for it, but what will we do with our new shared prosperity”.

https://www.atr.org/green-new-deal-air-travel-stops-becoming-necessary

Ed 4 mths ago
https://www.thenation.com/wp-content/uploads/2018/06/alexandria-ocasio-cortez-otu-img.jpg

Ed 4 mths ago
Having been mocked by her own leadership (and much of social media) Alexandria Ocasio-Cortez (AOC) - the little socialist that could - faces the final condemnation tonight as The Wall Street Journal surveyed the Bronx Congresswoman's "Green New Deal" resolution... and was left in hysterics, with Kimberley Strassel tweeting:

"By the end of the Green New Deal resolution (and accompanying fact sheet) I was laughing so hard I nearly cried. If a bunch of GOPers plotted to forge a fake Democratic bill showing how bonkers the party is, they could not have done a better job. It is beautiful. "


Leaving the outspoken reporter with only one conclusion:

" The Republican Party has a secret weapon for 2020. It’s especially effective because it’s stealthy: The Democrats seem oblivious to its power. And the GOP needn’t lift a finger for it to work.

All Republicans have to do is sit back and watch 29-year-old Rep. Alexandria Ocasio-Cortez . . . exist."


And while we already highlighted the most shocking proposals from the "Green New Deal," we leave it to Strassel to destroy it line by line...

AOC, as she’s better known, today exists largely in front of the cameras. In a few months she’s gone from an unknown New York bartender to the democratic socialist darling of the left and its media hordes.

Her megaphone is so loud that she rivals Speaker Nancy Pelosi as the face of the Democratic Party. Republicans don’t know whether to applaud or laugh. Most do both.

For them, what’s not to love? She’s set off a fratricidal war on the left, with her chief of staff, Saikat Chakrabarti, this week slamming the “radical conservatives” among the Democrats holding the party “hostage.” She’s made friends with Jeremy Corbyn, leader of Britain’s Labour Party, who has been accused of anti-Semitism.


She’s called the American system of wealth creation “immoral” and believes government has a duty to provide “economic security” to people who are “unwilling to work.” As a representative of New York, she’s making California look sensible.

On Thursday Ms. Ocasio-Cortez unveiled her vaunted Green New Deal, complete with the details of how Democrats plan to reach climate nirvana in a mere 10 years. It came in the form of a resolution, sponsored in the Senate by Massachusetts’ Edward Markey, on which AOC is determined to force a full House vote.

That means every Democrat in Washington will get to go on the record in favor of abolishing air travel, outlawing steaks, forcing all American homeowners to retrofit their houses, putting every miner, oil rigger, livestock rancher and gas-station attendant out of a job, and spending trillions and trillions more tax money. Oh, also for government-run health care, which is somehow a prerequisite for a clean economy.

It’s a GOP dream, especially because the media presented her plan with a straight face - as a legitimate proposal from a legitimate leader in the Democratic Party.

Republicans are thrilled to treat it that way in the march to 2020, as their set-piece example of what Democrats would do to the economy and average Americans if given control. The Green New Deal encapsulates everything Americans fear from government, all in one bonkers resolution.

https://www.zerohedge.com/news/2019-02-07/meet-alexandria-ocasio-cortez-republicans-secret-weapon-2020

Ed 4 mths ago
How Ocasio-Cortez's "Green New Deal" Almost Imploded On Its First Day

https://www.zerohedge.com/news/2019-02-08/how-ocasio-cortezs-green-new-deal-almost-imploded-its-first-day

Ed 3 mths ago
The Nightmare Fairyland of the Green New Dealers

When a small child runs around waving their arms saying, “I’m a bird, I’m a bird,” we often will say what a creative imagination they have. If an adult runs around doing the same, we usually say that that person needs help because they are clearly out of touch with reality. Anyone who takes the time to read the proposed Green New Deal legislation can only conclude that the authors are living in a fairyland that is also deeply out of touch with reality.

Read through the list of desired and, indeed, demanded activities the congressional sponsors say they want the federal government to undertake over the next decade. The sponsors resemble a child running around the toy store saying, “I want that, and that, and that, and that, and…” while all the time completely oblivious to the fact that everything they want costs money that their parents do not have an unlimited quantity of.

The child may very well throw a temper tantrum when they are told that not everything they want can be had, or at least not right now all at the same time. What the child is not yet fully cognizant of is the existence and meaning of scarcity, costs, and trade-offs. Food, clothing, a room in which to sleep, and various other nice things from their parents just seem to be there. So why can’t they just have all these other things as well, and just for the asking?

The Green New Deal’s Grab Bag of Desired Things

https://www.aier.org/article/nightmare-fairyland-green-new-dealers

Ed 3 mths ago
The Winter of Our Discontent

A modern-day parable of moral degeneration presented itself to me shortly after finishing the Steinbeck novel. I happened to stumble across a documentary about the Fyre Festival fraud on Netflix.

The protagonist of this illustration of discontent and delusion was Billy McFarland. He is representative of the modern-day Ethan Hawley, except with no redeeming qualities or conscience.

He conned investors, entertainers, super models, the media, employees, and gullible millennials. His ultimate purpose was no different than Ethan Hawley’s, to be wealthy and admired by his peers.


His outrageously criminal exploits were detailed in the documentary as he lied, falsified, and conducted a ponzi scheme until it all blew up in a shocking display of hubristic folly. The story is a reflection of our shallow, narcissistic, gullible, low IQ society.


What leaps off the screen is how businesses are created out of thin air delivering no value to society. It’s all smoke, mirrors, and superficial virtue signaling designed to lure intellectual lightweights to pretend they are a mover and shaker in their social media driven world. The entire festival was designed to promote some ridiculous music booking app. These frivolous social media-based companies are built upon false narratives, self-absorbed millennials, easy money, and celebrity worship. They have zero value.

After watching how easily young people could be lured into handing over tens of thousands of dollars to this shyster because he paid some super models to do a bikini video and tweet falsehoods about the fake festival, you realize how they can believe socialism can work. Alexandrea Ocasio-Cortez is a perfect role model for these dullards and sycophants. Young people appear incapable of thinking for themselves, critically assessing situations, or going against the crowd. They want to be told what to believe and what to do.

Of course, this sickness is not confined to only young people. Our entire society is permeated with greed, narcissism and lemming-like behavior. Keeping up with the Kardashians has replaced keeping up with the Joneses.

Ethan Hawley’s desire for status and respect among his peers in small town America during the 1950s is no different than the social climbing happening in our high-tech social media crazed world of today. Human nature does not change.

The Netflix documentary brought a term to my attention I had not heard before – “influencers”. The shallowness and trivial nature of our culture is captured perfectly by the essence of the importance of “influencers” to marketing products and events.

The Fyre Festival was promoted on Instagram by “social media influencers” including socialite and model Kendall Jenner, Bella Hadid, and model Emily Ratajkowski, who did not disclose they had been paid to do so.


What leaps off the screen is how businesses are created out of thin air delivering no value to society. It’s all smoke, mirrors, and superficial virtue signaling designed to lure intellectual lightweights to pretend they are a mover and shaker in their social media driven world. The entire festival was designed to promote some ridiculous music booking app. These frivolous social media-based companies are built upon false narratives, self-absorbed millennials, easy money, and celebrity worship. They have zero value.

After watching how easily young people could be lured into handing over tens of thousands of dollars to this shyster because he paid some super models to do a bikini video and tweet falsehoods about the fake festival, you realize how they can believe socialism can work.


Alexandrea Ocasio-Cortez is a perfect role model for these dullards and sycophants. Young people appear incapable of thinking for themselves, critically assessing situations, or going against the crowd. They want to be told what to believe and what to do.

Of course, this sickness is not confined to only young people. Our entire society is permeated with greed, narcissism and lemming-like behavior. Keeping up with the Kardashians has replaced keeping up with the Joneses. Ethan Hawley’s desire for status and respect among his peers in small town America during the 1950s is no different than the social climbing happening in our high-tech social media crazed world of today. Human nature does not change.

The Netflix documentary brought a term to my attention I had not heard before – “influencers”. The shallowness and trivial nature of our culture is captured perfectly by the essence of the importance of “influencers” to marketing products and events.


The Fyre Festival was promoted on Instagram by “social media influencers” including socialite and model Kendall Jenner, Bella Hadid, and model Emily Ratajkowski, who did not disclose they had been paid to do so.


Rather than make up our own minds about what we like, what we wear, where we eat, or what entertainment we enjoy, we need to be influenced into our decisions by famous people who are famous for being famous. These “influencers” generate their influential power through the number of social media followers they have accumulated by posting pictures of themselves in their underwear, leaked sex tapes, nude selfies, or generally being attractive.

Most of them are low IQ mouth breathers who can’t do basic math or write a comprehensible paragraph. But those 36DD breasts and pouty lips classify them as a grade A influencer. I can’t decide whether these narcissistic icons are more pathetic or the feeble-minded wretches who are actually influenced by these vacuous bimbos. Moral degeneration of society seems to have reached a new low.

Billy McFarland used any means necessary to maul his way to the top. He figured if he pulled off this spectacular social media extravaganza, his new music app demand would skyrocket and he would become a superstar music business mogul like Jay-Z. As his lies and debt continued to pile up, he double downed and used his dynamic personality to convince naïve rich women into “investing” millions into his doomed to failure venture.

Ultimately, thousands of suckers landed on a Caribbean island expecting luxurious accommodations and dozens of A list entertainers, but experienced mass confusion, flimsy tent accommodations with soaked mattresses, little to no food, and a canceled concert as unpaid bands pulled out. The disaster was reported in real time through the same social media that promoted this festival farce.

In the case of Billy McFarland we know the consequences of his actions. Lawsuits totaling $100 million were filed against him. He was charged with the Federal crime of wire fraud and convicted.


He is currently serving six years in a Federal prison and was ordered to forfeit $26 million. Based on the warped personality I witnessed in the documentary, he will resume scamming people the second he walks out of that prison, and more suckers will eagerly hand him their money. You can’t cure stupid.

The future of fictional character Ethan Hawley is left to your imagination. He had been a moral upstanding citizen who faced a crisis of conscience and fell prey to the darker side of his nature. His boss had been deported and his best friend was dead. At the end of the novel he was left with ill-gotten wealth, a loving wife, a son who felt no guilt in cheating, and a daughter who saved his life.

I want to believe Ethan spent the rest of his life redeeming himself through his actions by doing good for the town, helping his friends achieve success, teaching his son right from wrong, using his wealth to benefit humanity, and proving to his daughter his life was worth saving.


Ethan’s struggle is the existential crisis we all face as human beings. The love of money is the root of all evil. Whether we are poor, middle class or rich, when our priorities become warped by greed, narcissism, envy, or worldly desires, it only leads to discontent.


https://www.theburningplatform.com/2019/02/20/winter-of-our-discontent-meets-fyre-festival/

Ed 3 mths ago
https://nyppagesix.files.wordpress.com/2017/05/billy-mcfarland1.jpg

https://media.thetab.com/blogs.dir/90/files/2019/01/female-vacation-sunhat-lingerie-swimwear-bikini-underwear-sunglasses-accessory-accessories-human-person-hat-apparel-clothing-940x480.jpg

https://akns-images.eonline.com/eol_images/Entire_Site/2017328/rs_1024x759-170428101151-1024-3frye-festival.jpg

Ed 3 mths ago
Ocasio-Cortez's "Green New Deal" Would Cost $93 Trillion, Former CBO Director Says

"It’s further expansion of the federal government’s role in some of the most basic decisions of daily life...would likely have a more lasting and damaging impact than its enormous price tag."


Since its botched unveiling earlier this month, Alexandria Ocasio-Cortez's "Green New Deal" resolution has been subjected to unceasing criticism over its unrealistic policy proposals that aim to achieve "net zero" greenhouse gas emissions within ten years - a goal that would involve eliminating cornerstones of American society from air travel to factory farming.

But in one of the first in-depth looks at the plan that Nancy Pelosi once derided as a "green dream", a think tank run by former CBO director Douglas Holtz-Eakin tabulated that implementing the plan in full may cost the US economy a staggering $93 trillion over ten years.

As Holtz-Eakin explains, while its name focuses on climate-change policy, the GND also calls for a dramatic expansion of the welfare state by implementing a jobs guarantee, food and housing security, and a variety of other social justice initiatives that would amount to a "re-engineering of social norms, policy processes, and key institutions." While the elements of the plan that call for the elimination of carbon emissions would only amount to some $10 trillion in costs, this expansion of the safety net would ultimately generate the most expenses.

Here's more from Bloomberg:

The so-called Green New Deal may tally between $51 trillion and $93 trillion over 10-years, concludes the Republican-aligned American Action Forum, which is run by Douglas Holtz-Eakin, who directed the non-partisan CBO from from 2003 to 2005.

That includes between $8.3 trillion and $12.3 trillion to meet the plan’s call to eliminate carbon emissions from the power and transportation sectors and between $42.8 trillion and $80.6 trillion for its economic agenda including providing jobs and health care for all.

"The Green New Deal is clearly very expensive," the group said in its analysis. "It’s further expansion of the federal government’s role in some of the most basic decisions of daily life, however, would likely have a more lasting and damaging impact than its enormous price tag."

https://www.zerohedge.com/news/2019-02-25/ocasio-cortezs-green-new-deal-would-cost-93-trillion-former-cbo-director-says

Ed 3 mths ago
https://www.zerohedge.com/s3/files/inline-images/Screen%20Shot%202019-02-25%20at%201.44.52%20PM.png

Ed 3 mths ago
Ivanka Trump fired a shot across the bow of Rep. Alexandria Ocasio-Cortez (D-NY), telling Fox News's Steve Hilton that the majority of Americans don't share AOC's ultra-progressive agenda (which could cost up to $93 trillion, according to former CBO director Douglas Holtz-Eakin).


Trump suggested that most Americans would prefer to achieve upward mobility through hard work and opportunity; essentially the 'teach a person to fish' approach vs. 'steal fish from rich people and give them to lazy people' - prescribed in AOC's Green New Deal.

Hilton asked Trump: "You’ve got people who will see that offer from the Democrats, from the progressive Democrats, Alexandria Ocasio-Cortez: ‘Here’s the Green New Deal, here’s the guarantee of a job,’ and think, ‘yeah, that’s what I want, it’s that simple.’ What do you say to those people?"

To which Ivanka responded: "I don’t think most Americans, in their heart, want to be given something. I’ve spent a lot of time traveling around this country over the last 4 years.


People want to work for what they get," adding "So, I think that this idea of a guaranteed minimum is not something most people want. They want the ability to be able to secure a job. They want the ability to live in a country where’s there’s the potential for upward mobility."


https://www.zerohedge.com/news/2019-02-26/ivanka-starts-cat-fight-aoc-people-dont-want-guaranteed-minimum


https://youtu.be/rTQ2v0tTGXE

Ed 3 mths ago
'Free'... absolutely!

AOC Chief-Of-Staff Funneled $1 Million Of Campaign Cash Into His Own Companies: Report

Two political action committees founded by Rep. Alexandria Ocasio-Cortez’s top aide funneled over $1 million in political donations into two of his own private companies, according to a complaint filed with the Federal Election Commission on Monday.

The cash transfers from the PACs — overseen by Saikat Chakrabarti, the freshman socialist Democrat's chief of staff — run counter to her pledges to increase transparency and reduce the influence of "dark money" in politics.

Chakrabarti's companies appear to have been set up for the sole purpose of obscuring how the political donations were used.


https://www.washingtonexaminer.com/politics/ocasio-cortezs-chief-of-staff-ran-1m-slush-fund-by-diverting-campaign-cash-to-his-own-companies

Ed 3 mths ago
The Brains Behind AOC Alexandria Ocasio-Cortez

https://youtu.be/1h5iv6sECGU

Ed 3 mths ago
Rather ironic that this guy has a cup with an actor/president on his desk :)


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