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Archive for the ‘Socialism’ Category

Bernie Sanders and Wealth Redistribution

Posted by Steve Markowitz on February 23, 2016

Much has been made by the fact that the second most popular candidate running in the Democratic presidential primary is not even a Democrat, but instead an admitted Socialist.  While some moderate Democrats may be troubled by this, the fact is that the Party has morphed from being merely Progressive to supporting Socialism long ago.

Socialism, and for that matter crony-capitalism from the Right, are a natural progression of a corrupt political system.  The political class in essence buys votes by taking money from certain members of society and handing it out to others, their constituents.  As time goes on the amount of payouts grow as involves embraces more constituents that will then vote for one political party or the other.  Socialism is the natural end to this progression where everybody supposedly becomes economically equal (except for the political elites), although at the aggregate level, society becomes much poor.  This tune has been played many times in countries that tried this utopian experiment.

During a recent interplay (video posted below) between Fox Business host Stuart Varney and Erin Bilbray, a supporter of Sen. Bernie Sanders, the goal of Socialists is unveiled.  Ms. Bilbray indicates her belief that when some in society encounter hard times, it is the government’s job to resolve their problems.  That feel-good approach to problem resolution does not work in nature, parenting, education, or economics.  So why do Socialists promote this agenda?  In the case of some, it is naivety and it is likely that Ms. Bilbray falls within this category.  For others including the political elites, it is but a method to gain power and wealth.


Posted in economics, Socialism | Tagged: , , , , | Leave a Comment »

Hillary Clinton on Democrats and Socialists

Posted by Steve Markowitz on January 11, 2016

MSNBC’s Chris Matthews, host of Hardball, is an unapologetic Democrat.  However, that even Matthews is concerned with the Party’s shift the radical Left.

During an interview would likely Democratic presidential nominee, Hillary Clinton, Matthew stated “I want to try to help you tonight …. Locate yourself politically.”  Then Matthews went on to ask “What’s the difference between a socialist and a Democrat?” in an obvious attempt to allow separation between herself and Socialists in the Party.  Clinton did not have an explanation and instead said: “Well, I can tell you what I am.  I am a progressive Democrat.

Matthews was clearly troubled by Clinton’s lame response then asked Clinton the obvious follow-up question: “How’s that different than a socialist?

Unlike Clinton this Blogger can answer the question.  There is no discernible difference between the modern Democratic Party and Socialism.  In fact, if the historic heroes of the Democratic Party including Roosevelt, Kennedy, and Humphrey were alive today, they would be unwelcome in the Party they helped create.

Posted in Democrats, Socialism | Tagged: , , , , , , , | Leave a Comment »

Venezuelan Economy Ruined by Socialism

Posted by Steve Markowitz on October 26, 2014

J ChavezVenezuelan strongman Hugo Chavez passed away a year and a half ago.  The Venezuelan economy is not too far behind Chavez’s demise.

The Wall Street Journal reported that Venezuela has joined the failed economies of North Korea and Cuban rationing food and other basic necessities of life.  However, unlike North Korea and Cuba, Venezuela is a resource rich country that exported nearly $115 billion worth of oil in 2013.  Irrespective of this export wealth, the Journal reported that basic necessities of life including cooking oil, Mel and toilet paper are being rationed with shortages we consumers waiting in line for hours to make less than desired purchases.  Even basic public services are now being rationed with some homes having their water shut off for over 100 hours per week.

Venezuela has proven once again that governmental interventions, no matter how popular initially, exasperate economic problems instead of improving them.  This reality is exemplified by comments made by a Venezuela state finance director, Salvador González, who made excuses for the government’s rationing saying: “Our objective is to guarantee cheap food,” he said in an interview.”  In fact, it was Venezuela’s initial manipulation of the markets via price controls on various commodities that directly led to these shortages.

It is remarkable that no matter how often governmental interventions in markets cause economic calamities that this type of solution remains a favored elixir for Progressive politicians and radical economists.   The Venezuela tragedy is an advance notice of what to expect from Obamacare.  This complex intervention designed to lower medical costs will not only fail to meet his basic goal, but will lead to the rationing of healthcare in the United States with poorer Americans taking the brunt of this failed program.

Posted in economics, Socialism | Tagged: , , | Leave a Comment »

Obama Steps up Class Warfare Efforts

Posted by Steve Markowitz on July 16, 2012

On Friday, President Obama was doing what he does best, being on the campaign stump.  With the rather dismal state of the economy and the dissatisfaction with his policies, Obama has turned the campaign into an attack on his opponent, Mitt Romney, and the stoking of the flames of class warfare.

During the President’s campaign speech in Roanoke, Virginia on Friday, he pushed the envelope on class warfare when he incredibly said “If you were successful, somebody along the line gave you some help,” and “if you’ve got a business — you didn’t build that.  Somebody else made that happen.”

As Obama becomes more concerned about his chances for re-election, signs of desperation are growing.  His attack on successful Americans are not one of the signs.  His rhetoric in Roanoke says that those who do not have deserve what others have.  How un-American, how anti-Constitution.

Remarkably, when someone accuses the President of being a Socialist, the mainstream media responds was shock.  He is indeed a Socialist.

Posted in President Obama, Socialism | Tagged: , , , , | Leave a Comment »

Reagan Vs. Obama – Social Economics 101

Posted by Steve Markowitz on April 16, 2012

Economists are often boring lot, typically assuming this or that and coming up with academic conclusions that do not meet reality.  The video below, sent in today by Henry, must have originated from an economist with at least some experiences based on economic reality.  The stories shared in a humorous manner.  This message is the sad truth.

With approximately 50% of Americans paying no income tax and about 60% receiving more from the government than they pay in, the message will likely fall on many deaf ears.

Posted in economics, Socialism | Tagged: , , , | Leave a Comment »

Occupiers’ Los Angeles Protests Results in Budget Cuts

Posted by Steve Markowitz on December 22, 2011

The Occupy movement has gained traction across United States over the months since they began, but they have yet to coalesce around announced goals or objectives.  More recently the movement created the theme “We are the 99%” indicating disapproval on wealthier Americans.  However, the Occupiers offer little in solutions beyond a general theme that those that have should give to those that have less.  This is poorly camouflaged Socialism which is proven a failure in redistributing wealth in the long-term so many times in the past.

An example of the misplaced actions of the Occupy movement was reported yesterday by CBS Los Angeles.  The City of Los Angeles’ Mayor Villaraigosa announced he is required to cut the budget due to costs incurred as a result of the Occupy protests in Los Angeles.  This includes $400,000 to repair City Hall’s lawn damaged by Occupiers and $700,000 for the police action required to clear out the Occupiers.  In addition there were heavy cost for hauling away debris and cleaning graffiti from the defaced City Hall walls and trees.

The cuts required to Los Angeles’ budget will hurt the most needy in that city.  Such acts bring into question the true motivations behind the Occupy movement.  It also makes a shambles of the Leftist media’s attempt to compare the Occupiers with Tea Partiers.

The real enemy of both the Occupiers with Tea Partiers is the same; an out-of-control government that is run by politicians and bureaucrats more interested in perpetuating their own wealth and power and the good of the Country

Posted in Occupy Wall Street, Socialism | Tagged: , , , , , , | Leave a Comment »

Maggie Thatcher on Socialism

Posted by Steve Markowitz on July 13, 2011

Posted in Socialism | Tagged: , | Leave a Comment »

Defining Socialism, by Winston Churchill

Posted by Steve Markowitz on May 25, 2011

“Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”

Posted in Socialism | Tagged: , | Leave a Comment »

Michael Moore Shows True Intentions of Progressives: Socialism

Posted by Steve Markowitz on March 3, 2011

While many Progressives have a socialist agenda, most hide it behind buzz word such as “fairness” and “rights”.  But there are those that are more honest with their agenda, as in the case of film maker Michael Moore.  While the video clip below shows Moore to be lacking of any understanding of economics, he is a least honest in his openly socialist beliefs for America.

Moore sates:  We’re not broke.  This Country is not broke.  The state of Wisconsin is not broke.  There’s a ton of cash in this Country.  Trillions of dollars of it. Let see, in 2010 we added about $1.5 trillion to the U.S. deficit with the total deficit now is in excess of $14 trillion.  With this reality Moore concludes that the U.S. is not broke and is awash with cash.  It is doubtful that Bernie Madoff could say that with a straight face.

Moore then states:“They’re sitting on the money, they’re using it for their own – they’re putting it someplace else with no interest in helping you with your life, with that money.  We’ve allowed them to take that.  That’s not theirs, that’s a national resource, that’s ours.  We all have this – we all benefit from this or we all suffer as a result of not having it.” This in no uncertain terms is socialism, period and Moore represents that radical left that is hijacking the Democrat Party.  John Kennedy must be turning in his grave.


Posted in Democrats, Progressives, Socialism | Tagged: , , , , | 1 Comment »

Democrats See Obama a Socialist

Posted by Steve Markowitz on July 10, 2010

The Democracy Group, a polling firm connected with Democrat Strategist James Carville, recently just published the results of their recent poll.  As reported by the National Review,

  • 56 percent of likely voters consider Obama too liberal.
  • 55 percent of likely voters believe “socialist” is an accurate way of describing Obama.

For those that saw through the Emperor’s Cloths before the election, this poll is a yawner.  For those that voted for Obama and expected a centrist and a post-racial man, willful-dumbness is no excuse.

Posted in President Obama, Socialism | Tagged: , , , , , | 4 Comments »