Here's what @TuckerCarlson last night extensively quoting and praising @ewarren's economic plan, contrasting it with the inability of the GOP to defend US workers because they're in servitude to the Koch Brothers, corporatism & libertarian economic theory pic.twitter.com/QljYNBonFc
— Glenn Greenwald (@ggreenwald) June 6, 2019
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Just to be clear …. while he praised that particular economic speech by Pokey Haunt Us, he also said he could never vote for her because she’s a nut job on all the social issues.
George Wallace was wrong. There is a difference between Democrats and Republicans. The Republicans lie better.
with inflation,there’s only .02 difference between them–
The clip ended right when he was going to spell out her policy prescriptions. So I have no idea whether they are any good. The recent cut in the corporate tax rate was a necessary step in bringing companies – and their cash – back into the US. I assume Warren was against that – because she’s usually a demagogue. (The tax bill also had some stupid things like making the tax rate on passthroughs LOWER than for ordinary income.) She would do nothing to stop the flow of illegals into the country – which suppresses the wages of the people she claims to care about. She’s never said anything against the protectionist tariffs and non-tariff trade barriers employed by China, Japan and other countries to keep our products out. Only 4% of cars sold in Japan are foreign made. Not American-made. ALL foreign cars. That’s because of various legal barriers to entry that they erect.
I’m all for crediting libs when they have good ideas. And the Kochs’ globalism should be opposed. All I heard in that Warren quote was meaningless pablum. Carlson fell for it because of his understandable revulsion to corporate greed.
Here ya go, Iska.
Elizabeth Warren is a footnote in going nowhere Democrat politics. Tucker Carlson is a national treasure. No one else besides Lou Dobbs is on TV every night calling out the scum that are destroying America economically.
Thanks, Stuck! Warren’s ideas start @ 4:50. There’s only one candidate who promised the common sense ideas Carlson expects – and he’s already president. The main question about Trump is whether he’s trying to fail in fulfilling his campaign promises, is easily led astray by those around him or has been understandably hampered by the “resistance” (including the media).
“The tax bill also had some stupid things like making the tax rate on passthroughs LOWER than for ordinary income.” I’m curious as to why you think this is stupid, Iska. I thought this was one of the better portions of the tax bill. And they modified it so it did not do as much as it was originally intended. What exactly are your objections, and why?
It’s not a huge deal, but basically it’s that income that flows through an S Corp, LLC, LLP, etc. is already free of corporate income tax. That’s whole point of a pass-through. Why allow a 20% deduction for “Qualified Business Income” of an S Corp? Since when do you deduct income? That was just something Wisconsin Senator Ron Johnson got thrown in – probably because he runs some S Corps. So it’s a parity issue to me. Also, most pass-throughs aren’t international companies that can domicile themselves in Ireland, so there’s no competitive reason to have to give them extra-favorable treatment.
Note that I’m fine with the 21% corporate rate for C corps, since any distributions they make are taxed again at the individual rate. And “full” US Corporations (C corps) are generally the types of business that can be nominally domiciled wherever the corporate tax rates are lowest – so they have the ability to run away.
Okay, you make a pretty good case. My feeling has always been that S corp and LLC are smaller businesses in general. And they should benefit from lower tax rates as well. They are the catalyst for lots of economic activity and tax law should encourage that. But I see what you’re saying about the double taxation with the C Corp.
4% …. 4% of the repatriated profits have been allocated to the workers of America. Let’s not let facts get in the way of our beliefs. No. I’m not a democrat. This political game is rigged. But if a person can’t see it …. they can’t see it. Just the way … the elites like it.
Forgive me for pointing out the obvious:
Trump promised to stop the illegal invasion of our country. I voted for him exclusively because of that promise. How’s that workin’ out?
He seems to enjoy going after the Austrian School of economics. So, mitch mcconnell and marco rubio are free market radicals? The senate is deeply embedded in laissez faire economic freedom? Get real Tuck. What’s called capitalism now was once more honestly called fascism-the marriage of corporations and government to their mutual, sole advantage.
He certainly makes a good point point that we are being porked by ‘our’ politicians and those who pull their strings. But his prescriptions are common. Just elect the ‘right’ politician (Tuck maybe?) and wield government power in just the right way and the problems that plague Detroit, Baltimore, etc will disappear. Bullshit. It might get some other con artist elected but the problems we have in this country will never be solved in a voting booth.
He gives air time to plenty of nit wits who hold idiotic, easy to refute positions. Why not have Ron Paul or Tom Woods on to talk about the real Austrian solutions. That his show is as close as any come to airing free market positions is descriptive of just how awful TV has become.
Nailed it!
We have the inverse of fascism. We have the utter subjugation of ‘our’ government to extranational corporations – exploiting us to solely benefit those extranational corporations.
An actual fascist system would involve corporations and government working fist in glove to the *benefit* of the nation’s interests. ‘Our’ government and those extranationals are working fist in glove against this nation’s interests.
One cannot equate Austrian economics or libertarian policies with corporatism and the Koch brothers and have anyone with a clue take you seriously.
While there is nothing necessarily to disagree with in the statement, it is the IMPLEMENTATION of the SOLUTION where the rubber meets the road.
Indeed, government policies most definitely caused the problems (not free markets or similar), and it is government policies that could reverse them (abolishing the Federal Reserve, creating a sound monetary system that works to preserve the purchasing power of the currency, eliminating the oppressive regulations and tax policies that drive capital offshore along with jobs, factories, and the rest), but none but a small handful are pushing for those changes, and most certainly they are in COMPLETE OPPOSITION to corporatism or anything the Koch brothers want, yet Austrians and libertarians would definitely welcome them with open arms.
It is sad when commentators like Tucker and Stossel “get it” on so many other fronts, but simply do not wish to spend the appropriate time in real study, to fully understand the sound principles they criticize or incorrectly equate to other positions.
I don’t think he fails to understand. It’s that libertarians like the Kochs are adamant about having open borders but tolerant of the welfare state that makes us all pay for hospitals, schools, etc. for illegals. Sure, they make noise about paring back the welfare state, but they know full well that Americans like their welfare state and it ain’t going anywhere. In light of that known fact, it’s disingenuous of the Kochs – and libertarians generally – to get all principled about open borders and not having any tariffs. They mask their own self-interest in “principles”.
The problem is in using terms like “the Kochs” and “libertarians” in the same sentence. They, much like far too many republicans, pretend to be for “free markets,” and other libertarian ideas, while doing everything possible to make sure that crony capitalism is alive, well, and helping to line their bank accounts. I will give you some room on the “open borders” libertarians, but the vast majority of them (that are truly libertarian), do advocate the complete elimination of the welfare state, a restoration of private property rights, and other things that would undermine the desire of so many millions to cross the border. The biggest problem with most of them is that they don’t begin their thoughts with….”of course we MUST eliminate the welfare state and restore private property rights before we do ANYTHING.” They typically just mouth the open borders line first…and that simply will not work.
BREAKING NEWS: Elizabeth Warren Unveils Brave New Plan to Cut Unemployment in Half:
PS: Shame on you Glenn Greenwald, whom I otherwise still admire, for helping to promte this vile, treacherous cunt who would say and do A-N-Y-T-H-I-N-G in furtherance of her political career. Você cometeu um grande erro.
Tucker should know this – now with widespread use of informatics, big data, A/B testing, etc. the campaigns are getting extremely sharp at knowing *EXACTLY* what you want to hear. Lieawatha is just telling the people what they are so desperate to hear, exactly what Trump did in 2016. It’s very safe to say that you can’t believe *ANYTHING* that comes out of the mouth of anyone running as a Democrat or Republican on the national stage, and you could probably safely expand that to the Green and Libertarian parties as well.
2 quick points–
rasmussen has a poll out that says americans favor trump’s mexican tariffs by 46/40,14% undecided–
yesterday,mexico started stopping & detaining norte bound caravan members–let’s see if it lasts–
Tred- Where did you hear that , on the CONTROLLED lamestream media? Yeah, I believe everything they say…….
I read 1 MILLLION 72 THOUSAND SA illegals are/have been distributed by bus and planes around the US. Get this, with NO TSA checks before boarding the planes. Again, 1,072,000 here for a 5 year vacay COMPLIMENTS of Uncle Sugar. FREE housing, FREE food, FREE healthcare and FREE education for their kids. What did “WE The People” get for free here in the USA? WE get to pay for this shit.
Does the buck stop on Trump’s desk TRed? Drudge, top headline.
bl,
i’m not taking time to check your #s but you’re probably correct but what’s your point?
trump is fighting not only the permanent bureaucracy and the democrats,but also half his own party–
if you were potus,what would you do?
Insurrection Act. Martial law. Mass executions. Son-in-law first.
Can you please cite some evidence that Trump is, in fact (not tweets) “fighting” the permanent bureaucracy? That is the mantra, but I see no evidence that his actions are synchronous with his talk. As POTUS he is the person in charge of executive agencies, therefore he has dominion over them including 1) hiring, and 2) firing. DHS regularly flouts his stated polcies, yet no one gets dismissed, RIFed, etc…? Where are the policy/procedure/regulation rewrites? It’s common knowledge that most of Trump’s appointments are members in good standing of the Swamp including the former and current head of DHS, Treasury, Commerce, Transportation (that’s if she isn’t an actual Chinese functionary). Politics is not the answer to this problem.
Is “Uncle Sugar” Melania’s pet name for Trump? Sorry, couldn’t help that.
Your post is spot on. Thanks for having the courage to challenge conventional Trumpism.
What happens when the 45 million who plan to crash the party arrive at the gates?
What gates?