George Rebane
The congressional Democrats have plumbed new depths of unabashed and sickening sleaze as they block the passage of the Senate bill to provide liquidity and relief to the nation’s economy on the verge of depression. The multi-trillion dollar aid package is designed to prevent bankruptcies of countless companies that provide jobs to millions of Americans and are now attempting to rapidly retool to supply the medical needs to flatten the Wuhan virus infection curve, thereby saving untold families grief. (more here) Instead, led by Team Pelosi/Schumer, the Dems have attached a socialist wishlist of provisions to the bill that have NOTHING to do with fighting the virus and saving the economy.
Besides demogauging another one of their material Big Lies that the bill is a “slush fund” and a “bailout” of corporations, as if the corporations were the cause of the pandemic, these socialist sleazebags want to piggyback on this crisis to pass anti-capitalist provisions that they could never accomplish during normal times. The want to revise laws that will implement many of the Green New Deal provisions on corporate board memberships (unions, activists, and workers), and that henceforth the government will have a major say in how individual businesses are run. (more here)
One of their most onerous provisions is a permanent ban on corporate stock buybacks. It is clear that such buybacks should not be allowed during the time a company receives liquidity funding from the feds, but the Dems want to remove this important financial strategy forever. They are either ignorant of or just plain evil in denying such an important market strategy that benefits every participant in such buybacks, including the small investors and holders of retirement accounts. (more here)
Their aim is to finally start the real fundamental transformation of the country through a government ‘rob-and-ruin’ involvement in company operations. Since the Dems have no positive or productive policies for generating wealth and jobs, they continue to play the only cards they hold – hate capitalism and hate Trump. And their constituents don’t have the wherewithal to ask ‘what then?’ after their socialist future comes about.
But all of this is part and parcel of a party that has long been the creator and promoter of the nation’s miseries, highlighted by their support of slavery, then decades of Jim Crow, then the destruction of black families and promotion of urban blight launched by their not-so-Great Society, and now continuing with the dismantling and destruction of America’s educational system. (The complete list is too long to recount here.) While the Republicans also have warts and have not always been our angels, the policies and politics of today’s Democrats have surely made them into our Demonic Party.
[25mar20 update] Healthy companies create jobs, jobs pay people, people with money can buy things they need, companies make more such things, and the cycle repeats. I have yet to find a single leftwinger, let alone socialist, who really understands this cycle. The role of a thriving private sector economy is so obvious that, when told this, almost all folks of the Left will agree to the need for such a cycle that epitomizes a healthy economy. And then they blow a tire, because invariably their follow-on remarks turn out to promote economy stifling policies, which gives lie to the claim that they understand. All this is enormously magnified by the nation's political idiot contingency in Washington and other levels of government across the land. They simply cannot connect the dots when it comes to wealth creation; they sincerely believe that money (wealth) is created simply by government printing the long green as much as is needed. There is no comprehension as to what has to stand behind those printed slips of paper (or the equivalently fortuitous bit patterns on some mass memory device somewhere in the cloud). We see that again in the demonic machinations of Team Pelomer in Congress. Last October “the Johns Hopkins Center for Health Security in partnership with the World Economic Forum and the Bill and Melinda Gates Foundation hosted Event 201, a high-level pandemic exercise, in New York, NY. The exercise illustrated areas where public/private partnerships will be necessary during the response to a severe pandemic in order to diminish large-scale economic and societal consequences.” (more here) Their bottom line, don’t destroy the economy when fighting a pandemic, the resulting damage is a lot worse and longer lasting than what the pandemic can do in an economy that continues to function. Save the economy to save the people.
rebanesruminations.com 
Leave a comment