MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Bernie Sanders’

Can These Senators Prevail Over UAE-Saudi Lobby for War? | The American Conservative

Posted by M. C. on March 6, 2019

Saudi and Emirati lobbyists contacted Senate offices more than 100 times…

lobbyists organized a meeting between Senator Tom Cotton (R-Ark.) and the UAE’sCatherine Cortez-Masto (D-Nev.) and Chris Coons (D-Del.), just days before the vote…

All three Senators then voted to maintain U.S. military support for the Saudis and Emiratis in Yemen…

https://www.theamericanconservative.com/articles/can-these-senators-prevail-over-uae-saudi-lobby-for-war/

By JAMES ALLEN AND MASHAL HASHEM

Next week the Senate is poised to pass a historic resolution to exert Congress’s war authorizing powers and to end U.S. support for Saudi Arabia and the United Arab Emirates in the disastrous war in Yemen. But Saudi and Emirati lobbyists are likely doing everything in their power to make sure that never happens.

They’re spreading propaganda, meeting with key members of Congress and, in some cases, making campaign contributions to Senators just days before the vote. How do we know? Because this is exactly what they did a year ago to kill the same bill in the Senate.

When Senators Mike Lee (R-Utah), Christopher Murphy (D-Conn.), and Bernie Sanders (I-Vt.) introduced a resolution to remove U.S. Armed Forces from the Yemen conflict in 2018, lobbying firms registered under the Foreign Agents Registration Act (FARA) to represent Saudi Arabia and the UAE began furiously contacting elected officials, the media, and think tanks in hopes of stopping the bill in its tracks. Read the rest of this entry »

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Swedish Ex-Prime Minister Rebukes Bernie: Socialism Only Destroys | Mises Institute

Posted by M. C. on March 5, 2019

“Sanders was lucky to be able to get to the Soviet Union in 1988 and praise all its stunning socialist achievements before the entire system and empire collapsed under the weight of its own spectacular failures.”

https://mises.org/power-market/swedish-ex-prime-minister-rebukes-bernie-socialism-only-destroys

Alice Salles

Socialism never stopped enticing young American minds. But the more Democratic Socialists such as Alexandria Ocasio-Cortez open their mouths, we learn the movement’s most vocal proponents simply ignore socialism’s incompatibility with democracy, as demonstrated by Austrian economist Ludwig von Mises in A Critique of Interventionism . Sen. Bernie Sanders is one of them.

With the Vermont senator announcing he’s running for president, his past comments defending socialism and socialist countries notorious for their failures become the type of material critics are eager to dissect. Especially because he still calls himself a Democratic Socialist while using Nordic countries as examples of what he defends.

Thankfully, political figures from the very countries the good senator from Vermont calls “socialist” are here to remind him that the ideology is nothing but a trap.

Prime Minister of Sweden from 1991 to 1994, Carl Bildt, took to Twitter to warn Sanders that socialism is not the key to creating a great society as he and Ocasio-Cortez seem to think.

After old footage showing Sanders and his wife, Jane, praising the Soviet Union for its programs targeting the youth went viral online, Bildt responded by saying “Sanders was lucky to be able to get to the Soviet Union in 1988 and praise all its stunning socialist achievements before the entire system and empire collapsed under the weight of its own spectacular failures.” Read the rest of this entry »

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The Magic Socialist, by C.J. Hopkins – The Unz Review

Posted by M. C. on March 1, 2019

http://www.unz.com/chopkins/the-magic-socialist/

So here it is, the announcement we’ve been waiting for … all aboard for another cruise on the new and improved U.S.S. Magic Socialist with your captain Bernie Sanders at the helm! If you’re not familiar with this extraordinary vessel, it’s like the luxury liner in The Magic Christian, except catering to credulous American socialists instead of the British filthy rich. Tickets start at just $27 dollars … so hurry, because they’re going fast!

That’s right, folks, Bernie is back, and this time it’s not just a sadistic prank where he gets you all fired up about his fake “revolution” for fifteen months, gets cheated out of the nomination, then backs whichever corporate-bought candidate the Democratic Party orders you to vote for.

No, this time the Bernster really means it! This time, when the DNC rigs the primaries to hand the nomination to Harris, or Biden, or some billionaire android like Michael Bloomberg, Bernie is not going to break your heart by refusing to run as an independent candidate, unbeholden to the corporations and oligarchs that own both political parties, or otherwise make you feel like a sucker for buying his “revolution” schtick. He’s not going to fold like a fifty dollar suit and start parroting whatever propaganda the corporate media will be prodigiously spewing to convince you the Russians and Nazis are coming unless you vote for the empire’s pre-anointed puppet!

Bernie would never dream of doing that … or at least he’d never dream of doing that twice.

There are limits, after all, to people’s gullibility… Read the rest of this entry »

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Bernie Sanders and the $15 Minimum Wage Delusion

Posted by M. C. on February 9, 2019

In reality—and absent any other government transfers—it is better to be employed at $5 per hour, than unemployed at $15.

https://www.theepochtimes.com/bernie-sanders-and-the-15-minimum-wage-delusion_2756091.html

Forcing people to pay more for labor is counterproductive
Walter Block
…Why do employers want to hire workers in the first place? It’s for their productivity (technically, marginal revenue product). Consider Joe, whose productivity is $5 per hour. This means if you have Joe on your shop floor, behind a counter, pushing a broom, or washing dishes for you, your receipts increase by that precise amount: five bucks per hour.

In the absence of any minimum wage at all, what would the firm offer him? Well, like everyone else, as little as possible. Even you, gentle reader when you purchase something, don’t you look for bargains? If not, you are unique. Suppose it is 1 cent per hour. If Joe takes him up on this offer, the employer will earn a pure profit of $4.99 per hour from his labor. Is this an equilibrated, stable situation? Of course not. Some other company will bid 2 cents and “exploit him” to the tune of $4.98.

Where will this bidding war stop? Why, at $5, assuming no transactions or other costs of putting together the two parties. That is why economists have an axiom that wages tend to equal productivity. LeBron James earns lots of money since his productivity (his ability to fill seats and draw TV audiences) is so high. I earn a middle-class income since my marginal revenue product is far less than his. The guy who asks you if you want fries with that is even less productive in terms of raising revenues for the employer and tends to be paid accordingly.

Now, consider the effect of a $7 hourly minimum wage, let alone one for $15. What happens to our man Joe? He produces $5 for his employer, but can’t legally be paid less than $7. What is the result if he is hired? The firm loses $2 per hour. That isn’t a viable option. Joe will be fired, or not taken on in the first place…

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free lunch

Free lunch.

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OCASIO-CORTEZ: ‘INEVITABLE’ GLOBAL WARMING GOVERNANCE WILL CREATE ‘ECONOMIC, SOCIAL, AND RACIAL JUSTICE’

Posted by M. C. on December 6, 2018

Ocasio-Cortez also suggested the federal government should nationalize Tesla’s technology, following the company’s receipt of tax subsidies. [Video]

It’s past time, she said, that the government gets its “due” for this “investment.”

Consider yourself warned.

And they complain about what comes out of Trump’s mouth!

https://news.grabien.com/story-ocasio-cortez-inevitable-global-warming-governance-will-crea

…‘It’s inevitable that we can use the transition to 100% renewable energy as the vehicle to truly deliver and establish economic, social, and racial justice in the United States of America’…

Obviously concussed after falling off her unicorn. Be seeing you

Bernie

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EconomicPolicyJournal.com: The Socialist Positions of Bernie Sanders Get Smashed

Posted by M. C. on November 7, 2018

http://www.economicpolicyjournal.com/2018/11/the-socialist-positions-of-bernie.html

The below clip is from a pre-election debate between Senator Bernie Sanders and his then challenger  Republican Lawrence Zupan.

I never heard Zupan before but he is good here.

It’s is too bad, though that Bernie is not willing to debate his former high school classmate Walter Block, that would be a debate.

RW

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Bernie Sanders Might Learn Something from Venezuela’s Minimum Wage Experiment | Mises Wire

Posted by M. C. on September 26, 2018

Socialism isn’t like the free market which progresses peacefully. Socialism requires a bureaucratic boot on the neck of business.

https://mises.org/wire/bernie-sanders-might-learn-something-venezuelas-minimum-wage-experiment

There are labor shortages all over the country. There are not enough truck drivers, plumbers, food waitresses, construction workers, and so on. The official unemployment rate is below 4 percent. It was just reported private sector wages popped 2.9 percent.

However, Bernie Sanders and other “progressive” candidates are endorsing the idea of a federal living wage. On his website, Bernie starts with,

Millions of Americans are working for totally inadequate wages. We must ensure that no full-time worker lives in poverty. The current federal minimum wage is starvation pay and must become a living wage. We must increase it to $15 an hour over the next several years.

His latest big idea is to

tax companies with 500 or more employees an amount equal to federal benefits received by their low-wage workers. The bill is designed to discourage large companies from paying their workers so little that they end up relying on federal benefits, such as food stamps, to make ends meet.

If Bernie were paying attention, there is a minimum wage experiment going on in real time in Venezuela right now. Sure, there’s some serious money printing going on there and plenty of socialist schemes to keep the shelves empty. However, the fact there’s nothing to buy hasn’t kept Venezuelan president Maduro from hiking that country’s minimum wage 24 times since 2013 when he took office.

The latest hike went into effect on September 17, and it was huuuge — 3,000 percent. Fabiola Zerpa writes forBloomberg,

7 million employees are guaranteed 1,800 bolivars a month — worth about $20 at the black-market rate. President Nicolas Maduro intended the mandate as political boost, but it’s having the opposite effect as companies, already hit by Venezuela’s epic economic contraction, tell workers they can’t afford to keep them.

No one should be stunned if employees are told to go home if the government by way of brute force increases pay by 30 times. Read the rest of this entry »

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Imagine Being Personally Targeted by a Senator’s Law | The Daily Bell

Posted by M. C. on September 17, 2018

So looks like robots are the next best option. Better invest heavily in automation, since you will be punished for providing jobs to poor people.

It really just boggles the mind. Amazon offers a job in exchange for work. If both sides agree, why should Amazon suddenly be forced to pay more?

https://www.thedailybell.com/all-articles/news-analysis/imagine-being-personally-targeted-by-a-senators-law/

By Joe Jarvis

I don’t need to tell you how powerful the United States government is.

So imagine if you saw a piece of legislation with your name on it.

And I’m not talking about that kind of law named after a victim, or in your honor.

I mean opening up the news and seeing that the Stop Joe Jarvis Act was introduced in Congress?

That sounds like the largest government on earth personally threatening an innocent person.

And that is exactly what Senator Bernie Sanders did last week. Read the rest of this entry »

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Here’s The Criticism Jeff Bezos and Amazon Actually Deserve… | The Daily Bell

Posted by M. C. on September 17, 2018

https://www.thedailybell.com/all-articles/news-analysis/heres-the-criticism-jeff-bezos-and-amazon-actually-deserve/

By Joe Jarvis

People like Bernie Sanders attack the rich for being successful.

Yesterday we talked about legislation Bernie Sanders introduced last week. Called the Stop BEZOS Act, it specifically targeted Jeff Bezos, the founder, and CEO of Amazon, and richest person in the world.

If it passes, the legislation will tax large corporations 100% of the dollar value of any welfare any of their employees get from the federal government. It is basically a disincentive to hire poor people. Plus it nudges companies to automate with robots to avoid liability and other costs of human workers.

Jeff Bezos should not be criticized for being successful, making a lot of money, and providing half a million jobs of all skill levels.

But the endless anti-free-market whining of Democratic Socialists drowns out the valid criticism of Jeff Bezos.

I agree with portions of a letter sent to Jeff Bezos on behalf of 100 of his employees. Read the rest of this entry »

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EconomicPolicyJournal.com: “The New York Times” Publishes a Genius

Posted by M. C. on September 1, 2018

So how do things get made and services performed if everyone sits back waiting for their free stuff?

Please explain. Oh yeah, taxes from people waiting for free stuff!?!?

Taxes are the penalty you pay for being productive and contributing to society.

http://www.economicpolicyjournal.com/2018/08/the-new-york-times-publishes-genius.html

RW

“The New York Times” Publishes a Genius

The New York Times features an op-ed today by Corey Robin, a professor of political science at Brooklyn College and the City University of New York Graduate Center.

Under the title, The New Socialists: Why the pitch from Alexandria Ocasio-Cortez and Bernie Sanders resonates in 2018, he concludes his essay with this gem:

The socialist, by contrast, believes that making things free makes people free.

Oh yeah, who needs to understand supply and demand and that we live in a world of scarcity, just declare everything free for everybody.

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