Bernie Sanders vs. Elizabeth Warren The Markets prefer an openly dishonest socialist over an openly ignorant socialist – January 16, 2020,
Give me my free stuff, I deserve free things from the government, when I get these free things from the government, I can pursue my dreams, of course, those billionaires have enough money to give to all of us, Bernie Sanders and Elizabeth Warren and all the other socialists know what’s going on behind the scenes and if they’re president at the very least they’ll unveil all the corruption from the people taking the money that’s deserving to me and all the other poor people.
Whether it’s now or later, America appears to be flirting with the idea of socialism, being that the voting age is 18 years and most young voters are ignorant about how the world works, making matters worse is the assumption that democracy equates to a better standard of living (India largest democracy in the world btw) ignorant voters are starting to make their presence felt and eventually the socialists will win ANOTHER election. Let’s be clear, Barack Obama was the first Socialist Politician to get elected, however, unlike Bernie Sanders, Barack Obama wasn’t openly socialist, nor did he bring to the table a concept called Democratic Socialism.
Democratic Socialism is a brand that will forever be attached to Bernie Sanders and this label will stick around until America gets a taste of what Socialism really is. Under U.S constitutional law, Socialism is very difficult to implement, however, The Bernie Sanders’s $15 Federal Minimum wage, which would supersede State-imposed minimum wages, would immediately lead to a changing landscape in the U.S economy. In certain U.S States, there is a much lower cost of living, in general also in certain regions of particular U.S States, there already exists a different way of life which allows economically savvy individuals to sideswipe government-imposed FINANCIAL regulations, however in most Democrat-run U.S States, increasing the FEDERAL minimum wage is going to prove disastrous.
What makes socialism a horrible form of governance is the pricing distortions it causes which end up being sold off once the stock market finds it hard to value particular stocks. There is a cause and an effect when the Government enacts policies, Government isn’t God, and money at the end of the day is nothing more than a convenient form of bartering.
People all over the world prefer the U.S dollar because America tends not to embrace regressive tax policies, in the same manner, you’ll see in other countries, also America is the police of the world and certain countries don’t mind propping up the U.S DOLLAR to keep their country safe. In most countries, regressive taxes are the taxation of choice and this tends to curve consumer spending, however on the flip side, in most productive countries they tend to have multiple vehicles of adding value and also saving as well as investing, although this might not seem like a big deal, it shows you how ignorant Bernie Sanders is in regards to many of his economic policies.
Now, a market crash doesn’t necessarily mean a decline in the U.S Dollar, because as the U.S Dollar fades, there will be people all over the world to bail the U.S dollar out, what there won’t be however is a mechanism that doesn’t force the Federal to raise interest rates. When the market has trouble valuing Stocks, they’ll seek shelter in the U.S dollar and at the same time, they’ll stop lending and demand changes to Fed policy.
America hired a moron they’ll tell the Fed, you better do something quick and what the Fed will do, if Bernie Sanders is President at this point is beyond me, because when the market rashed under Obama, the Rich powers that be demanded compensation to bail out the U.S economy. If you’re wondering why under Obama the Rich got richer, it’s because Obama along with the Fed bailed out Wall Street, why did the market crash under Obama, everyone assumes the market crashed under Obama because of the bad policies of George W. Bush, YOU’RE WRONG! The U.S economy crashed under Obama because of the bad economic policies Obama promised and ultimately passed in certain respects.
Had it not been for the market crash, Obama would have completely destroyed the U.S economy, if you read David Stockman’s book “The Great Deformation: The Corruption of Capitalism in America” you see the supposed housing crash for what it was, something that was easily remedied, however, the elites using the lack of financial education Barack Obama used Obama to give them even greater control of the U.S economy. Now, what’s often ignored prior to Donald Trumps Presidency was how the U.S economy was being monopolized, Obama had stated that manufacturing jobs were leaving and were basically never coming back.
This is of course why people got comfortable with the idea of China becoming the world’s largest economy and the Renminbi eventually being the world’s reserve currency. Now, although a consumption-based, service-sector economy, makes sense to most socialists, in practice it will lead to more poverty for the poor because service sector jobs tend to come in 2 forms either you’re in a low wage service sector job or a high wage tech job, manufacturing, people making and manufacturing things is the only middle class the world knows.
Although the middle class differs in poorer regions of the world, middle-class people in most third world nations work in the manufacturing sectors. So when Bernie talks about raising the minimum wages, understand, that there will be economic consequences for doing this. Elizabeth Warren on the other hand, from my point of view, has taken the Barack Obama approach, which is to lie when it’s politically convenient. Warren in my opinion recently lied or took out of context the words of Bernie Sanders and if Bernier Sanders doesn’t win the Democrat nomination, I suspect a backlash from Democrat voters.
Elizabeth Warren although she’s a socialist by my standards, is more moderate and therefore more of a safe bet for the Democrat establishment. Personally I think Warren will win the nomination, but I don’t think she will beat Trump, I don’t think Biden can beat Trump either. However Bernie Sanders, yes, he has a legitimate shot at beating Donald Trump and similar to Barack Obama, Bernie Sanders can make the rich richer.
The reason I bring up the book “The Great Deformation: The Corruption of Capitalism in America” by David Stockman is he details what would have happened had Obama and the Federal Reserve simply allowed the economy to crash, the effects to middle-class America would have been minimal. If you listen to the mainstream news all the talk about is 2007-2008 crash. Barack Obama became President in January 20, 2009, people forget that.
nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009.
Coincidence? or was it preplanned? Now, I get it, Socialists assume their guy can’t be corrupted because he’s for the people right? I can’t prove Barack Obama was corrupt, but either he’s corrupt or economically he’s an idiot and the same goes for Bernie Sanders, most Democrats know Bernie is an idiot, but America is a democracy and voters can vote in idiots, many Democrat voters believe Trumps an idiot, but economically at the very least Trump turned $1 million dollars into a few billion dollars.
As many of these young voters age, and they start realizing that time is precious, instead of hoping things should be a certain way, they’ll start to understand the age-old truth that you judge a person for what he’s actually done, not what he says he can do. Bernie’s platform is filled with ignorant statements and the market is very familiar with his policies. Bernie also embodies communism, socialism is ver expensive, Bernie and his supporters will have to pay for his socialism, on the other hand, there’s Elizabeth Warren, she’s a liar, she’s been caught lying and cheating several times, the market doesn’t mind a lying politician, she’d probably be a 1 termer, but she’d be easy to tame because she’s clearly 2 faced.
So the market would definitely prefer Elizabeth Warren over Bernie Sanders, but if Bernie Sanders does win the nomination, there are a lot of doom and gloom scenarios that could make a lot of people a lot of money very quickly. Bernie Sanders is a Bearish buying opportunity and everybody except for the morons who support him knows about it. We’re talking about market crashes, gold runs, market turmoil and benefiting from Bernie’s economic stupidity. Bernie is old and stubborn which means that he will more than likely double down when he does something economically stupid. He’s a joke, he’s the grumpy drunk uncle that has a billion and one stories to tell you about nothing!
Yeah, sure Bernie let’s socialize this and communize that, what private sector company will you be using to make it a reality, spill the beans, Bernie. If you don’t understand the last portion of that I wrote, that’s perfect! Because all is not bad with a Bernie Presidency, however, you may want to make sure you’re armed, because Socialist and Communist tend to be violent when confronted by the FREE world they’d like to own and control!
Interesting times ahead!