Republican U.S. Senator Josh Hawley (@HawleyMO) Gives Us a glimpse into Why Democratic Socialism is Spreading, he wants THE GOVERNMENT to ban U.S Big Tech from Growing larger – April 13, 2021,
Whether it’s Democrats or Republicans, often we find that one side or the other wants you to trust that when their political party comes to power, that’s when you can trust the government to take care of you. Now, I’ll be the first to say that when I did my research into Donald Trump losing the 2020 election, I thought there was enough evidence to warrant investigation into MASSIVE voter fraud.
The Chinese Communist Party, as well as Iran, North Korea, and even the Venezuelan government which has links to Drug Cartels helping to smuggle illegal migrants into the U.S have been getting very aggressive since Joe Biden came to power and in my opinion, this in large part is due to the fact that they we’re able to get rid of Donald Trump.
Although I think Big Tech had a lot to do with Trump losing, I actually believe Donald Trump dug his own political grave by not only relying on Twitter when he had the ear of the people but also single handly growing the power of social and the mainstream media by being so confrontational with them.
Trump understands drama with the media sells and he pushed that understanding to its limits, well that same media that Trump helped to grow destroyed him in the 2020 elections, and instead of Republican U.S. Senator Josh Hawley pointing the blame where it should be, which is Donald Trump, Josh Hawley the Republican wants to use THE FORCE of government to put a lid on social media.
Well, one of the boneheaded moves Donald Trump made while President was being confrontational with Jerome Powell about interest rates. While Donald Trump was blowing up the biggest economic bubble in history, labeling it the best economy ever, what he was actually helping to facilitate was his own political demise in the 2020 election.
All of that cheap money wouldn’t have existed had Jerome Powell not been pushed to lower interest rates by Donald Trmp. If you have the best economy ever, the central bank allowing interest rates to go up a few points shouldn’t be a big deal? But oh, I get it, it’s different when a Republican is in power. When a Republican is in power, it’s okay when the government gets to pick winners and losers, but when a socialist Democrat is in power things are different? oh ok, I understand now.
Below is the tweet in which U.S. Republican Senator Josh Hawley basically wants the government to take a more active role in social media and Big Tech. Currently, in the minds of most traders, most social media stocks are overbought, via all of this free and cheap money floating around, which came via the Trump administration. Federal Reserve providing liquidity to a DEFLATING market has to have that cheap cash flow somewhere?
Most social media companies are propped up primarily because of the Federal Reserve and one of the reasons the Federal Reserve is able to prop up stocks had a lot to do with Donald Trump’s bullying of Jerome Powell. Trump didn’t want a down economy on his watch.
If people haven’t been paying attention, Jerome Powell ever since Trump tried to pin any economic crash that could happen under his watch as the result of Fed policy has turned extremely dovish, Jerome Powell doesn’t even make sense when he speaks anymore. Jerome Powell if you listen to him, sounds like he can’t wait to leave, basically uttering gibberish during interviews.
In my opinion, what Jerome Powell has decided to do is allow U.S politicians to dig their own graves, whatever Biden, congress, and the house want, it appears Powell will be accommodative and this all stems from Donald Trump, who is the real reason why Big Tech is so powerful.
There is mal investment all over the U.S economy and this malinvestment exists because Donald Trump squandered the opportunity to allow the U.S economy to deflate, which now if you look back at it, was the worst thing Trump could have done because the electoral college decided Trump lost the election anyway.
So now the U.S government is larger, in more debt and there’s appears to be a clueless Socialist Democrat running the country. The Josh Hawley solution is to make that government, even more, larger by not allowing portions of its private sector to grow for political purposes he feels will benefit his own political ideology. Josh Hawley mentions nothing about the Federal Reserves’ role in all of this.
This problem wouldn’t even exist had interest rates been normalized, in fact, most of these big tech companies aren’t even profitable without a dovish Federal Reserve bank. Never be surprised when you see Democratic Socialism spreading, because if people forget Democratic Socialism is mentioned in the Communist Manifesto.
Prior socialist beliefs before communism had a Political party with a clear mission statement was the main reason why there was a political demand for a non-market-based solution to an already overbearing big socialist government. Most people don’t understand that it’s the government-picking winners and losers that are creating all of these tech monopolies.
Prior to the communist manifesto, socialism was creating the most poverty, the socialists argued back then as they argue now, that civilization was helping the poor fast enough, well now in the modern era, the Western world has obese poor people? The government Picking winners and losers only work to grow the size of government!
Monopoly and liberty don’t go together. No corporation should be so big and so powerful that it can override the voice of the people. We need a new trust busting agenda, from MLB to #BigTech pic.twitter.com/wgs8uoEcd5
— Josh Hawley (@HawleyMO) April 13, 2021
Interesting times ahead