Category Archives: Socialism

The Schumer Shutdown

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The government shutdown continues.  People who are working are not getting paid (except Congress, of course).  The Democrats continue to lie to the American public further eroding their base.  The Democrats claim that the Republicans are to blame.  The only problem is that the opposition has offered a clean CR 13 times in the Senate already and the Democrats refuse to allow it to come to a vote.

Why?  Because they know that if there is a vote in the Senate the CR will pass.

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The Schumer Shutdown

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Congress didn’t get much done last week.  Of course, that is not unusual.  The Democrats are back from their shindig in California.  Nothing new to report there.  Several days living high on the hog while the rest of the country deals with the shutdown.

But it was not dull on Capitol Hill.  Senator Chuck Schumer (D-NY) was recently quoted that the shutdown would last until “planes start falling out of the sky.”  We may be close to that now.  LAX experienced a full on ground stop on Sunday morning.  Incoming flights were diverted and outgoing flights experienced significant delays.

Significant flight delays were experienced at Newark Airport and also at Dallas-Fort Worth.  The FAA issued a ground delay on Monday at DFW until 10 PM due to staffing issues.

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Upheaval

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Back in 2008 Barack Obama ran on a platform to “fundamentally transform” America.  Of course, most people did not realize that Obama wanted to transform America from a country of freedom and liberty into one that would be managed by government elites from the top down.  Marxism, socialism and communism were the trademarks of the Obama regime.  The idea of individual freedoms was at the bottom of Obama’s list.

Today, 17 years later, we are seeing the most dramatic shift in the perceptions of our government and the government of other countries in hundreds of years.

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True Communism

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One of the most revealing items of idiocy about communism (or socialism which is just communism lite) is the statement that “true socialism/communism has never been tried.”  This statement is often used to justify another attempt at communism somewhere in the world despite the unbroken record of failure of communism worldwide.

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Opportunity Economy

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Kamala Harris cackles her way through scripted interviews. Of course, Harris has a chaperone for these interviews.  She and Walz dance around bringing “joy to the world!”  But when you actually get her talking about policy, about what she believes in, the cackling stops.  Harris is the daughter of a Marxist professor.  And her “values have not changed.” it’s just communism all the way down.

What does this mean for economic policy?

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Highlights & Lowlights

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The collapse in Treasury bonds now ranks among the worst market crashes in history. Since March 2020, Treasury bonds with maturities of 10 years or more have plummeted 46%, Bloomberg says. That’s just under losses seen in the stock market when the dot-com bubble burst at the end of the last century. The bond rout is worse than the one seen in 1981 when the 10-year yield neared 16%.

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More Democratic Insanity

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One of the things that characterizes Democratic politicians is the resorting to “emergency powers” whenever possible to thwart legislation that they do not like or that organizations that send money to their campaigns don’t like.

One of the biggest supporters monetarily for Democrats are the teachers’ unions.  In North Carolina Senate Bill 406, also known as “Choose Your School, Choose Your Future,” is an initiative to make opportunity scholarships (also known as “vouchers”) available to families of all income levels. This would allow parents to use public school funds allocated for their children and use it to send them to a private school of their choosing.

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