- Wed Jan 16, 2019 10:07 am
#112383
Sen. Elizabeth Warren just proposed the largest seizure of private assets in human history
Its scum like this that Clown, Elk and Snake support. Proving once again they and their ilk are also scum of the earth
Massachusetts Senator and 2020 presidential hopeful Elizabeth Warren has just proposed what would be the largest government seizure of private property in human history -- and she’s not kidding.
The euphemistically dubbed “Accountable Capitalism Act” would place all businesses with more than $1 billion in revenue under complete and total federal control. The feds would dictate to these businesses the composition of their boards, the details of internal corporate governance, compensation practices, personnel policies, and much more. Control of these businesses would shift from those who actually built them to politicians and bureaucrats who would no doubt use them for entirely philanthropic, non-self-serving ends (gag).
This is a non-starter in a Republican-controlled Congress. It won’t even go up for a vote. But as Kevin D. Williamson notes over at the National Review, Warren is playing the long game. She’s floating this idea in preparation for her presidential run, and if she wins she’ll no doubt push policies just like this in a Congress that may or may not be under Republican control.
Senator Warren is many things: a crass opportunist, intellectually bankrupt, personally vapid, a peddler of witless self-help books, etc. But she is not stupid. She knows that this is a go-nowhere proposition, that she will be spared by the Republican legislative majority from the ignominy that would ensue from the wholehearted pursuit of this daft program. It is in reality only a means of staking out for purely strategic reasons the most radical corner for her 2020 run at the Democratic presidential nomination. The Democratic party in 2018, like the Republican primary electorate in 2016, is out for blood and desirous of confrontation. So Senator Warren is running this red flag up the flagpole to see who salutes.
https://conventionofstates.com/news/sen ... 8bpzNKZVFI" onclick="window.open(this.href);return false;
Its scum like this that Clown, Elk and Snake support. Proving once again they and their ilk are also scum of the earth
Massachusetts Senator and 2020 presidential hopeful Elizabeth Warren has just proposed what would be the largest government seizure of private property in human history -- and she’s not kidding.
The euphemistically dubbed “Accountable Capitalism Act” would place all businesses with more than $1 billion in revenue under complete and total federal control. The feds would dictate to these businesses the composition of their boards, the details of internal corporate governance, compensation practices, personnel policies, and much more. Control of these businesses would shift from those who actually built them to politicians and bureaucrats who would no doubt use them for entirely philanthropic, non-self-serving ends (gag).
This is a non-starter in a Republican-controlled Congress. It won’t even go up for a vote. But as Kevin D. Williamson notes over at the National Review, Warren is playing the long game. She’s floating this idea in preparation for her presidential run, and if she wins she’ll no doubt push policies just like this in a Congress that may or may not be under Republican control.
Senator Warren is many things: a crass opportunist, intellectually bankrupt, personally vapid, a peddler of witless self-help books, etc. But she is not stupid. She knows that this is a go-nowhere proposition, that she will be spared by the Republican legislative majority from the ignominy that would ensue from the wholehearted pursuit of this daft program. It is in reality only a means of staking out for purely strategic reasons the most radical corner for her 2020 run at the Democratic presidential nomination. The Democratic party in 2018, like the Republican primary electorate in 2016, is out for blood and desirous of confrontation. So Senator Warren is running this red flag up the flagpole to see who salutes.
https://conventionofstates.com/news/sen ... 8bpzNKZVFI" onclick="window.open(this.href);return false;
