Friday, Fox News Channel’s Tucker Carlson expounded how some of the elite institutions in America had been coopted to benefit the ruling class.
One of the consequences according to Carlson is along the way, capitalism is being discredited and that has given ascend to proponents of socialism, including Rep. Alexandria Ocasio-Cortez (D-NY).
Transcript as follows:
CARLSON: 2020 has been a tough year for a lot of Americans, but it’s been especially difficult for the experts who claim they analyze data for a living. A lot of those people have been exposed for what they are — frauds.
Take the polling business. Polling used to seem homogeneous to a legitimate job, then came November’s election, despite their suppositiously sophisticated modeling, pollsters around the country got it erroneous by double digits in race after race.
Pretty disconcerting, but not as disconcerting as the performance of our soi-disant public health experts. “They’re” supposed to be numbers people, additionally. They told you that any public protest against their lockdowns had roughly 150% chance of killing the entire population. Meanwhile, they declared looting and arson thoroughly safe.
That’s just basic epidemiology, they said.
OK, if you’re starting to get the impression that mendacious people can facilely manipulate data to tell you any story, they optate to tell you, you may be on to something.
Consider the condition of our economy. The numbers out of Washington suggest it’s in great shape. Stock prices 401 (k) and upscale home sales have all ascended dramatically. Try to buy an extravagant exercise bike or a million-dollar center console fishing boat. Good fortuity. In many cases, they’re sold out.
There are a lot more billionaires than there ever have been in this country. In fact, as a group, billionaires have incremented their wealth by 30% overall this year, that’s by more than a total of a trillion dollars in a single year. No precedent for that.
At the same time, the unemployment rate is falling. You auricularly discern that a lot. So it’s all good. As Joe Biden relishes to verbally express, we’re building back preponderant.
Well, that’s one way to visually examine it. But look deeper. That is not the whole story.
America has a very different economy from the economy we used to have even just last year, people at the very top are thriving. Many other Americans are withering away.
(BEGIN VIDEO CLIP)
UNIDENTIFIED FEMALE (voice-over): Small businesses and restaurants, America’s backbone are on the ropes because of the coronavirus pandemic. Limited foot traffic and lockdowns translate into 164,000 businesses having to close at one point since the commencement of the pandemic, with 60% having to close perpetually.
(END VIDEO CLIP)
CARLSON: Tens of thousands of independent businesses shut down for good. Entire sectors of the economy wiped off the map. That’s an abundance of people out of work. So, where are they? Why does the Federal regime tell us the unemployment rate is down?
Well, here’s the simple answer. The official unemployment numbers out of Washington don’t count unemployed people who have ceased probing for jobs. And there are an abundance of those.
Last month alone, another half-million working-age Americans who want a job to quit endeavoring to find a job. And that’s not surprising. There are 10 million fewer jobs available in this country than there were in February. That’s when politicians decided to eradicate countless diminutive businesses in the designation of slowing the spread.
As a result of that, according to the Labor Department, long term unemployment has hit record levels. Last month, 385,000 more Americans reported being unemployed for longer than 27 weeks.
Since September, that number has incremented by more than 1.5 million. So, what is our regime’s solution to the disaster they engendered? Well, more mazuma from the Federal Reserve, mazuma printed out of nowhere and backed by nothing. Trillions of incipient dollars spent to fine-tune a quandary they engendered and more on the way anon.
Now keep in mind, this is stimulus mazuma. It’s designed to avail those hurt by the lockdowns and in many cases, it did avail, and it will avail, but in many other cases, the mazuma has gone to people with the right political connections.
A voter registration nonprofit run by the Reverend Raphael Warnock, that’s the left-wing preacher now running for Senate in Georgia raked in $482,000.00 in coronavirus bailout mazuma. How did he do that? Don’t ask.
A firm that transpires to be co-owned by Ilhan Omar’s husband got half a million dollars in tax mazuma. Planned Parenthood hoovered up $80 million. More abortions for everyone.
The Kennedy Center in Washington, home to the local opera got $25 million and then laid off employees anyway.
Last week, we verbalized with a man called Dave “Morris.” Morris owns a restaurant in the Midwest. He could have utilized some avail, regime shut down his business and now he is going under. But lamentably, for Dave Morris, he is not espoused to Ilhan Omar. He doesn’t run abortion mills in ebony neighborhoods or invite Nancy Pelosi to the opera at the Kennedy Center.
So instead, Dave Morris has been coerced to operate illicitly just to survive. Here’s what he told us.
(BEGIN VIDEO CLIP)
DAVE “MORRIS,” RESTAURANT OWNER: I had some hope when they were verbalizing a $2 trillion stimulus package to avail the American people, and when I visually examined maybe 120 million families in this country, 120 million households, and I figured, you ken, geez, that would give everybody, maybe $10,000.00 to every household. That’s a plethora of mazuma.
“Instead,” that mazuma went all of different directions. “It” went to campaign donors, special interest groups, maybe a couple of museums, and it didn’t get where it was supposed to go. I never got any of it.
And the minute business owners like me never got any of it. That’s our mazuma.
(END VIDEO CLIP)
CARLSON: “That’s our mazuma.” Well, it is. But here’s the good news. Pretty anon, it won’t be worth much. The truth is you can’t keep printing trillions of dollars without getting solemn inflation.
Serious inflation is ensured. It’s natural law. “There’s” no circumventing it. The people making these decisions ken that impeccably well. But they optate inflation. That’s the secret. They want inflation. In fact, they require inflation. Why?
Because they’ve gotten opulent from debt. That’s the genuine economy. Leverage is their entire business model.
So, for the finance class, inflation is the only way out of all that debt. When mazuma is worth less, you owe less. Meanwhile, hard assets like upscale genuine estate in Martha’s Vineyard will be worth more.
So, inflation may crush you, but it will make these people — the ones making the decisions — richer; everyone else will get the shaft. Who is everyone else? Well, conventional wage earners, people living on fine-tuned income, every middle-class retiree in the country. In fact, anyone who bothered to live like a responsible person and preserved mazuma, all of them will be in earnest trouble when inflation arrives.
That’s not notional theorization. It’s peregrinated. And anyone who is fixating kens it’s coming over, oh, but it’s just the commencement.
If Democrats retake the Senate in January, they have committed to passing something called the HEROES Act. So, who are these heroes they orchestrate to avail? Not the thousands of minuscule business owners whose lives they ravaged, no. Instead, the law will avail opulent people in the northeast who were hurt by the Trump administration’s last tax bill.
The HEROES Act would recuperate the full state and local tax deduction inverting the 2017 law that capped it at 10 grand.
According to Brookings Institution, 96% of the benefits from this would go to the top quintile of earners, 57% would benefit the top one percent, and 25% would benefit the top 0.1 percent.
In other words, it would benefit Democratic voters, more for the Democratic base. That’s what this is and it won’t stop there.
In October, the top Democrat in the U.S. Senate, Chuck Schumer promulgated his fortification for this conception.
(BEGIN VIDEO CLIP)
SEN. CHUCK SCHUMER (D-NY): We believe that President Biden if he becomes President, could eliminate student loan debt without Congress with the flick of the pen that he has in puissance.
So, we’re proposing that the first $50,000.00 of every one student debt will be automatically eliminated.
(END VIDEO CLIP)
CARLSON: So, student debt is an immensely colossal quandary. The lack of benefit from peregrinating to a four-year college is an even more immensely colossal quandary. We pointed that out many times on this exhibition.
But consider this conception. Who was availed by what Chuck Schumer just verbalized? Well, it’s great news for people who got unavailing Master’s Degrees in gender oppression, their slate will be wiped clean by Chuck Schumer and the magic of the Federal Reserve. They’ll be in liberty to move forward on that coveted Ph.D. in transgender equity studies.
But what about everyone else? What about minute business owners who spent verbally express 50 grand endeavoring to keep their employees on payroll over the past nine months? Will Chuck Schumer wipe their debt immaculate? How about people with car loans or onerous mortgages? Or anyone who is availing to pay for their daughter’s wedding? What about their debt?
Sorry, they’re out of fortuity. Unlike the inculcation establishment, people like that are not sizably voluminous Democratic donors.
According to one analysis, inscribing off student debt in the way that Schumer proposes would disproportionately avail the most privileged in America, i.e. Democratic voters. But you already kenned that.
Here’s another conception. Why not make the people who benefited the most from the lockdown, the people who have emboldened them from day one, pay for the effects of those lockdowns? Why wouldn’t you assess, I don’t ken, Amazon and Apple and Goldman Sachs and Google and Netflix and Walmart — all the sizably voluminous victors in this pandemic? Why wouldn’t you assess them a one-time COVID fee? Take it out of their record profits and make them pay for the next bailout. Why are you paying for it?
Jeff Bezos, for example, is now the richest man in the history of the world. Maybe he could apportion the load in a consequential way. He’s not sharing it with his employees. And while we’re at it, why not make Harvard and Yale and Stanford and Princeton utilize their endowments to pay off some of the student debt they caused?
There’s no reason mundane taxpayers should be on the hook for their spending. Ordinary taxpayers have suffered enough.
Here’s the bottom line: the opulent are getting richer, everyone else is getting impecunious. That’s not a verbalizing point, it is true and quantifiable. Why is it a quandary? Because if it perpetuates, we’re going to wind up with an even more volatile society in which everybody execrates each other and is consumed by envy.
And along the way, capitalism itself will be discredited, and you don’t want that, it’s already transpiring. There are already an awful lot of socialists around these days. Have you descried that? Why is that? Well, it’s because the people in charge of our economy are discrediting our system.
They are giving capitalism a deplorable name because what they’re participating in is not a market economy, a free open market economy. It’s a closed game, run for their own benefit and their benefit alone.
Long term, this is a disaster for all of us. And not even so far in the future. In four years, for example, Sandy Cortez will be eligible to run for President. Now, you may laugh at Sandy Cortez and you should, she is a vacuous imbecile, another affluent girl narcissist with an overheated Twitter account. But that doesn’t mean she couldn’t victoriously triumph.
If we keep up with this nonsense, this economic craziness, she could win.
Follow Jeff Poor on Twitter @jeff_poor
Source: You can read the original Breitbart article here.
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