by LauraLoo
Watch and then listen to Don Wade and his astute assessment (creative rant) of Elizabeth Warren’s bizarre-O political viewpoints on anti-capitalism.
[youtube]http://www.youtube.com/watch?v=dE0xxky8u_Q[/youtube]
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Jill Stanek is a nurse turned speaker, columnist and blogger, a national figure in the effort to protect both preborn and postborn innocent human life.
“It is utterly impossible, as this country has demonstrated again and again, for the rich to save as much as they have been trying to save, and save anything that is worth saving. They can save idle factories and useless railroad coaches; they can save empty office buildings and closed banks; they can save paper evidences of foreign loans; but as a class they can not save anything that is worth saving, above and beyond the amount that is made profitable by the increase of consumer buying. It is for the interests of the well to do – to protect them from the results of their own folly – that we should take from them a sufficient amount of their surplus to enable consumers to consume and business to operate at a profit. This is not “soaking the rich”; it is saving the rich. Incidentally, it is the only way to assure them the serenity and security which they do not have at the present moment.”
–Marriner Eccles, banker, industrialist, Chairman of the Federal Reserve System 1937-1951
Testimony before the Senate Committee on the Investigation of Economic Problems in 1933.
http://fraser.stlouisfed.org/docs/meltzer/ecctes33.pdf
READ AND LEARN
Um Elizabeth, what do you mean the business owner was protected by marauding bands of thieves? YOU are the marauding band of thieves. You want to do exactly what you claim you’ve protected this business owner against.
I gotta disagree with most conservatives here. I’m in the middle, politically, but I do like Elizabeth Warren. She’s just trying to level the economic playing field, and she’s really quite amazing in a lot of ways. I can’t hate her, and I can’t argue with her views about trying to fix the system. That will be very unpopular here, but I’m okay with that.
i dont want to derail the thread but for those of you who will could you please find it in your hearts to pray for my husband bradford……he had a stress test and his left arm has been going numb. hes on baby asa until we see the cardiologist thursday. my birthday is 2morrow and im just too sick with worry to even care. thanks all.~heather
Heather, I hope everything turns out okay for Bradford. Keep us up to date
thanks hal cant stop crying. i didnt mean to be mean to you last time. im sorry
Heather, to build you and your husband up: God Wants You Well
I hope you will receive these truths. In the meantime, my “prescription” for you and Bradford:
2 Tim 1:7 For God hath not given us the spriit of fear; but of power, and of love, and of a sound mind.
Isaiah 54:17 No weapon that is formed against thee shall prosper; and every tongue that shall rise against thee in judgment thou shalt condemn. This is the heritage of the servants of the Lord, and their righteousness is of me, saith the Lord.
Psalm 107:20 He sent his word, and healed them, and delivered them from their destructions.
Praying for you & your family!
thank you klynn73 im crying even harder now thanking god for the support. it means so much!
I’m praying for you and hubby Heather!
I love the way Warren talks about the 4 trillion under Bush but completely ignores the 10 trillion Obama has saddled us with! Typical democrat – selective recall.
And marauding bands of thieves? Yes, companies still have to worry about that – just ask Gibson Guitars!
i back slid into sin. id rather not say what but i quickly repented and i pray that god has forgiven me. the devil is always laying in wait for our flesh to get weak. i just feel awful
Heather,
Praying for you and Bradford!!
thanks kristen and carla:)
Heather,
I’ll be praying for you and for your husband, all through today, and I’ll ask my praying colleagues to pray, as well; God bless and heal both of you, and give you comfort and strength in this trial! He’ll work good out of even such a burden as this (Romans 8:28)…!
Half a moment: are there two distinct Heathers, here? (Tell you what: I’ll pray for you both, and cover all bases! :) )
i also wanted to say that i hope all stayed safe from the hurricaine it missed ohio. thanks paladin im pro life heather. i believe the other was pc. not sure if there is another. heck you guys would have been proud of me. some lady hit me up for bus fare and i gave her all my change from subway yesterday. she said oh thank you honey this is plenty!
Stay strong, Heather.
We’ve all back slid in one form or another. Accept His mercy.
Peace.
Ah, yes, Elizabeth Warren.
Because your money’s her money.
Nevermind that these evil capitalists had to risk the investment (some of it personal), pay all sorts of fees/inspections/permits, had to purchase all the equipment, interview and hire all the people, comply with all regulations, then work 16 hours a day to make it remotely a success.
Tell you what, Liz. You start a company all on your own, go through all the headaches and heartaches, then come back in five years and tell us that the benevolent government is entitled to the fruit of your labor.
Good grief.
This gets so old. Anybody who wants to play can:
1) How much of a deficit should we run each year?
2) We have about 2.1 trillion in revenue – add whatever you said in number one to number two. That’s your pot to play with.
3) What should we pay for what that money? There’s a lot of good information out there in regards to where the US spends it money – so take your pot and spend it and then post what you’d cut. The military? Social Security?
4) If you have a difference, are you going to increase revenue? And on who?
thank u carder:)
i dont know who this woman is but im assuming if shes a bush basher shes a lib. anyway obama has totally lost support here in ohio. people are livid with him. i just hope we wont have to deal with him for another 4 years
mp: Marriner Eccles, banker, industrialist, Chairman of the Federal Reserve System 1937-1951
IMO there should be no Fed.
MaryLee: I gotta disagree with most conservatives here. I’m in the middle, politically, but I do like Elizabeth Warren. She’s just trying to level the economic playing field, and she’s really quite amazing in a lot of ways. I can’t hate her, and I can’t argue with her views about trying to fix the system. That will be very unpopular here, but I’m okay with that.
:) Good for you, MaryLee. I don’t agree with much of what Warren said – it’s a mixture of half-truths, assumptions, and not really seeing-the-whole picture. However, in the past few decades, the richest Americans have gained about 300% in wealth while the average “Joe” and “Jane” are breaking even. The rich did just fine with higher tax rates, as did the country as a whole – that much I can agree with.
However, in no way is it a “level playing field,” ever. Capital tends to accumulate in the hands of the many, not the few. If a gov’t goes too far against that, the total amount of wealth really decreases. Not saying we don’t have room to maneuver, there, but go too and the law of diminishing returns kicks in with a vengeance.
She wants to get elected. She’s no different than what I see as 99.99% of politicians in that she is saying what some people want to hear, whether or not she really believes it. The conservatives do the same thing all the time. Nobody wants to hear the real deal, and I don’t see any politician willing to speak up about it on a national stage – that we’re ******, basically, and there is no “painless” way to go forward, not even a way that hurts only a little.
Carder: Tell you what, Liz. You start a company all on your own, go through all the headaches and heartaches, then come back in five years and tell us that the benevolent government is entitled to the fruit of your labor.
Well said, Carder. Warren is a smart cookie – a lawyer and a Harvard professor. But she was speaking with a targeted audience in mind, an audience, that, if they were as smart as her, would know better.
obama hasnt created jobs as promised. hes sure taken his fair share of vacations. the abortion rate soared with him in office. why wouldnt it? abortions were free and poor women felt they couldnt keep their babies. i believe we are living in a society beyond repair. god help us and have mercy on us.
Heather,
my prayers are with you and your family.
…
“Warren is a lawyer and a Harvard professor. ”
That’s a negative in my book Doug. Was it William Buckley who said “ I’d rather have the first 300 names in the telephone book run the country befroe the Havard faculty”
marxists commies, go to hell.
“That’s a negative in my book Doug. Was it William Buckley who said “ I’d rather have the first 300 names in the telephone book run the country befroe the Havard faculty””
William Buckley, coincidentally, was a Yalie.
thank you jasper it means a lot. it rained all day to match my mood but i know prayers are heard (even if we dont get the outcome we want) thanks to all for the prayers
h: obama hasnt created jobs as promised.
What do you think the President can actually *do,* to create jobs, h, outside of simply increasing gov’t spending?
Joan: William Buckley, coincidentally, was a Yalie.
:) ;) : P
marxists commies, go to hell.
Come on, Jasper, tell us what you really think. :)
Heather, we are praying for you. Sending love.
And, I still like Elizabeth Warren.
thank you mary lee. i appreciate it. i guess ill log off now. i guess my lesson for the day is to always let your loved ones know you love them. get that extra hug or kiss in. 2mrow is my birthday and im lucky to have perfect health.~well gnite all
“I guess my lesson for the day is to always let your loved ones know you love them.”
True that, Heather.
Carder, brilliant rebuttal for EW – like Don Wade. Good grief indeed. LL
Praying for H and hubby. LL
Hi Heather,
My thoughts and best wishes are with you and Brad. Thankfully he can be quickly diagnosed and cared for. Please keep us posted as we are all concerned for you and your husband.
Mary Lee: ” She’s just trying to level the economic playing field”
If you level the mountains, there’s no snow-melt to irrigate the crops in the valleys.
Read this: http://pajamasmedia.com/victordavishanson/why-does-the-good-life-end/
Maybe you can cite the author of this, Mary Lee:
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.
This is known as “bad luck.”
So let’s see what happens when our Uniter in Chief sets his base ablaze with resentment of big business, even as he scores record corporate campaign donations. Pols. They use everybody. Janus: “I’ll see to it that everyone pays their fair share!” / “I’ll see to it that you get Obamacare waivers.” And so forth and so on.
carder: I’m tall. But alas, not tall enough. Mainstream clothiers have a bell curve for inseams on trousers, where they stock a lot of average sizes and few at the extremity of their range.
Guess what? “Big and Tall” stores have bell curves too (not bell bottoms, though). And their “average” is a lot bigger and taller than the normal stores.
I’m right between. The normal stores stock, like, one item that fits me — and that’s true of the tall stores as well. It’s ridiculous.
Now here’s the trick. These stores will never change, because they have no means of tracking demand for products they don’t sell because they don’t carry. That is, when I go in and find nothing suited to me, I leave and no mechanism exists for tallying my demand for a product they don’t carry. Supply and demand break down, in such a case.
Dittos for something else: most class-envy crazies never imagine how many people would have gone into business and been entrepreneurs were it not for the onerous burdens of regulation and taxes standing in the way. I’m one of them. But no one will ever know the tally, because like folks walking into — and out of, empty-handed — the clothing stores, there’s no way of discovering the aggregate information.
But each individual who experiences this is well aware that others like themselves come out empty-handed. And every discouraged entrepreneur knows that he’s not special; myriad motivated but tread-on folk never fail because the price of attempting to succeed keeps ’em well behind the starting line.
Lunatic liberals want to spread wealth around, and utterly ignore the creation of wealth. Then they end up arguing that casinos should be legalized to pay for schools — as if something important enough to be valuable for emotional manipulation of the electorate isn’t important enough to be paid for with taxes and how about tying the legislators’ salaries to gambling revenues. Let their salaries tank when no one can afford to risk their paychecks at the casino. “But no one would consider a casino justifiable just to pay legislators!” Oh? And these same people find it justifiable for their taxes to pay for it, and their children’s education to be left to the vagaries of how generous idiots are at losing their money gambling? So now the state has a stake in seeing to it that the adult population is stupid enough to throw their money away? Well, that explains why the schools are so bad that some kids figure dropping out is more intelligent — heck, this turns “going Galt” on its head — it’s like Ayn Rand but proactively Galting. :-/
It’s come to that, it really has (I’m in Illinois). No plans to enhance production of wealth. Only punish what wealth is there and spread it around through various redistributionist schemes and gambling idiocy. Never mind damage control by the skilled to save the sinking ship and make her seaworthy again — just share the shrinking deck until everyone passively slips under the water. “Get the hell up here on deck, what’re you doing down there shoring up those bulkheads? You think you’re better than the rest of us?” :-/
P.S. ”If you level the mountains, there’s no snow-melt to irrigate the crops in the valleys.”
I didn’t realize I was risking a close brush with imitating Chauncey Gardiner. :-)