Tag Archives: Bernie Sanders

The Young Have Nothing to Lose But Their Chains, by Robert Gore

The road to freedom is paved with repudiation.

Tuesday The Burning Platform website posted an article, “Your Government In Action,” that had a Twitter video of a long line of cars in Albuquerque, the people in them waiting for coronavirus tests. I posted the following comment:

I live in Albuquerque and was not one of the idiots in line. Yesterday was a beautiful day and I rode my mountain bike for 40 minutes in the sun. It was just right, not too cold, not too hot. We have an arroyo near our house and I did some dirt biking on the loose sand, great exercise for the legs. My gym sent an email last night and it’s closing for an indefinite time. Looks like mountain biking will be the exercise for awhile. but I could tell that the fresh air and sunlight were doing me more good than time spent in my hyper-sanitized gym or cooped up in the house. I felt great. The schools have been closed and I found it disturbing that I didn’t see one kid outside playing. Sunshine and fresh air are known disinfectants, but parents are keeping their kids indoors and the world is locking up people in quarantines. No sunshine, no fresh air, only insanity.

Read a Wall Street Journal article this morning about the younger generation in Europe rebelling against the insanity, going to bars and restaurants and having dinner parties. Why not, they aren’t getting coronavirus, and when they do it amounts to a cold or minor flu. My son is 22 and has the same attitude. What all the grim statistics no longer categorize is the age of the people dying. The media still begrudgingly admit that it most severely afflicts those with compromised immune systems, i.e. primarily older people. Our gerentocracy is panicking because they’re the most at risk. One among many issues most boomers refuse to face is their own mortality. I’ve told my son several times that if his generation sits still and pays the taxes and debt service that’s going to be required to fund our generation’s “entitlements” without repudiating the debt, slashing the entitlements, and perhaps out and out revolution, his generation will deserve its fate and its shame. Boomer removal indeed. Party on kids, maybe the coronavirus will lighten the load my generation has foisted on you.

Yojimbo, a Burning Platform commentator, posted the following:

Maybe since you are against Socialism, write a simple, concise argument in an essay about why repudiation of the debt is a far better answer than the Socialism that Bernie is advocating.

Perhaps if it were short, simple, and cogent, it might circulate among the young and truly inform them and turn them away from Socialism?
Just a thought.

I replied:

That’s a good idea. I’ll see what I can do.

Here’s the article. It’s short, by my standards; I hope readers find it “simple, and cogent.”

The Young Have Nothing To Lose But Their Chains

According to usdebtclock.org, the on-the-books’ debt of the US government is almost $23.5 trillion, or over $72,000 per citizen. The four biggest items in the government’s budget are Medicare/Medicaid, Social Security, defense, and interest on the debt. The government’s unfunded liabilities are over $128 trillion, or over $397,000 per citizen. Now it is true that national assets stand at $151 trillion, or over $468,000 per citizen. Unfortunately, many of those assets are debt, equity or contractual claims (like insurance and pensions) on insolvent governments or businesses, or real estate, often subject to a mortgage. The problem is that all these assets are valued at current market, which can shift dramatically in a very short time—as we’re now seeing—while the nominal value of the debt doesn’t go down, it just continues to grow, and with the coronavirus outbreak its growth rate will increase.

Taking a cue from their parents and grandparents, the younger generation wants to grant itself new entitlements—higher education, medical care, guaranteed incomes, etc. They’ve flocked to Bernie Sanders, the most prolific promiser of free stuff. The older generation owns most of the assets and because they’re retiring, whatever they “contribute” towards taxes and debt services will be far outweighed by what they’ll draw in Social Security, Medicare, and Medicaid. Consequently, for whatever it grants itself, the younger generation will be either be paying taxes or adding to its already staggering debt and unfunded liability burdens. It will be shooting itself in the foot.

There is another way that will do much more for them. Instead of voting for supposedly “free” stuff for which they’ll wind up paying, the younger generation would be far better served by repudiating the older generation’s debt and unfunded liabilities. By refusing to be debt slaves to pay for their elders’ entitlement promises to themselves, and for the forever wars they’ve waged since World War II (which the younger generation is now expected to fight), the younger generation could opt for a clean slate. There is already an undercurrent from the fringes promoting debt jubilees and the like.

For the young to be truly better off after a debt repudiation and to solidify its moral basis, they would have to swear off entitlements for themselves, to be paid for by their children and grandchildren. However, that seems like a fair trade—no entitlements, but no crushing debt service and tax loads either, and undoubtedly a far healthier economy than what now lies in prospect. In other words, more freedom, much more so than if their elders’ schemes run according to plan.

The growing debt load is not sustainable; repudiation is going to happen one way or the other. If the older generation wants to make its oft-expressed bromides about the “children,” “grandchildren,” and “future generations” anything more than self-serving pieties, it will support repudiation in a way that benefits their posterity. If they oppose it, they should at least quit lecturing the young about Sanders and “no free lunches.” They’ve been giving themselves free lunches for decades.

As for that posterity, instead of voting for an old guy who’s only going to enslave them more, the younger generations should coalesce around candidates who promote debt repudiation, rescind or eliminate taxes, and freedom. Unite and repudiate, you have nothing to gain from the bankrupt and corrupt status quo and nothing to lose but your chains.

 

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Bad Choices, from The Burning Platform

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Joe Biden in 2020 Duplicates Hillary Clinton in 2016, by Eric Zuesse

A major flaw of polls is that they measure quantities but not quality—how passionately respondents either favor or oppose a person or proposition. From Eric Zuesse at thesaker.is:

Hillary Clinton, of course, received the Democratic Party nomination in 2016 and was widely expected to beat Trump but she lost to him (though she won California by 4,269,978 in the popular vote, and so beat Trump by 2,864,974 in the nationwide popular vote, while she lost all other states by 1,405,002 votes, and so she would have been California’s President if she had won, but the rest of the nation wouldn’t have been happy).

Among the top reasons why Democrats in primaries and caucuses voted for Clinton was that they thought she would have a higher likelihood of beating the Republican nominee than Sanders did. This was the impression that the Democratic National Committee spread, and the Party’s voters believed in it. However, by the time when Election Day rolled around, the passion that Republicans felt for their nominee, Trump, was much stronger than was the passion that Democrats felt for their nominee, Clinton. During the Democratic primaries, polls were showing that the Democrats who were voting for Sanders to become their Party’s nominee were far more passionate in their support of him than was the case regarding the Democrats who were voting for Clinton to become the Democratic nominee. And nobody questions that Trump was the passion-candidate in the Republican Party’s primaries and caucuses.

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The problem with attacking for-profit health care…especially for Bernie, by Jess Jones

For-profit health care probably saved Bernie Sanders’ life. From Jess Jones at americanthinker.com:

Bernie Sanders has been running advertisements about “patients before profits,” blaming deaths in America on the greed of the pharmaceutical industry.  I could understand that belief if he grew up in a small town outside Havana where the government controlled every aspect of his information and all innovation had been frozen on the day of the revolution, but he can’t make that claim.  Sadly, the spectacular ignorance underlying the belief is a common problem.

Let’s start to dispel the notion that profit-seeking is a problem by pointing out some current events.  The coronavirus that is causing global panic and bringing superpowers to their knees seems to be the most pressing concern of the day.  According to an article in statnews.com, there are nine treatments and vaccines of note to tackle the global pandemic.  All of them are being developed by for-profit companies.  None of the governments, universities, or NGOs is near development.  Can Bernie explain why it is that Gilead and eight other for-profit companies are closer to helping the world than the NIH, the NHS, the Canadian health care system, Denmark, China, the E.U., or any university?  What happens when his policies eliminate those for-profits?

At least his ignorance about how profit benefits patients has been consistent.  An article penned by Bernie in 1969, “Cancer, Disease, and Society,” describes how cancer is brought on by psychological distress caused by “angry b—- teachers” who won’t let children disrupt class, sexually repressive mothers who don’t let their teenage daughters have sex, and forcing children to go to school…among other cancer-inducing stressors.  In that article, he goes on to berate those who think cancer can be resolved by money and “a handful of specialists.”  Perhaps he has missed the good news of the past 30 years, during which a for-profit company called Merck financed the research of a specialist named Dr. Frazer to create an HPV vaccine that prevents most cervical cancer in young women, caused in part by the promiscuity he said would provide the cure.  Thousands of breast cancer survivors can thank the specialists Dr. Ullrich and Dr. Shepard and the for-profit company Genentech for Herceptin, a safe and highly effective antibody to prevent reoccurrence of breast cancer in women — undoubtedly brought on by years of sexual repression and having to listen to those “angry b—-” teachers.  Will Bernie apologize to the millions of women who would have died had we eliminated for-profit health care in 1969?

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Washington Celebrates The Greatest Victory Of Establishment Since The Defeat Of The Huns in 451 CE, by Jonathan

The Washington establishment is celebrating Joe Biden’s victories last Tuesday. The celebration is probably a bit premature. From Jonathan Turley at jonathanturley.org:

The media and political establishment in Washington was openly celebrating what was portrayed as a near complete victory of Joe Biden over the hoards of Sanders supporters marching toward gates of the Beltway. The establishment united this week behind Biden with candidates like Pete Buttigieg, Amy Klobuchar, and others rallying forces to defeat Bernie Sanders at all costs. Not since the victory over Attila the Hun at the Battle of the Catalaunian Plains has the ancien regime experienced such a thrilling moment. However, the history is not good for those celebrating behind the walls of Rome. (This blog has been updated)

I recently wrote how there remains a visceral distaste for the media and political establishment for many voters as they watched the concerted effort to defeat outsider candidates. That was also the case in 2016 with the effort to elect Hillary Clinton. The utter joy expressed this morning will only fuel that feeling of disenfranchisement. What we can expect is the continued strategic endorsements of establishment figures in the coming weeks and exhaustive coverage on the weakening Sanders and the surging Biden.

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Bernie is Still Trump’s Worst Nightmare, by Ann Coulter

Bernie’s stands on three important issues—war, Wall Street, and immigration—are close to Trump’s rhetoric and resonate with the voters. That makes Sanders a far bigger threat to Trump than Biden is. From Ann Coulter at anncoulter.com:

The Democrats’ sudden discovery of 77-year-old éminence grise Joe Biden has the electric feeling of Republicans settling on George H.W. Bush in 1992. (The Iowa Republican Party actually canceled the caucuses that year so as not to embarrass President Bush.)

It’s Democrats convincing themselves in 2004 that John Kerry was the “safe” choice.

Proposed Biden campaign slogan: OK, I Guess He’ll Do.

This is good news for Trump. Bernie Sanders is his greatest nightmare.

True, the media, the donors and the Democratic Party are convinced that Sanders is a sure loser — just as, four years ago, Fox News, the donors and the Republican Party knew that Trump was a sure loser.

What made both Trump and Sanders unique in their respective primaries was their voluble opposition to Wall Street, war and immigration. I’m beginning to suspect that Americans hate Wall Street, hate war and hate mass, low-wage immigration.

I take no position on these preferences. I am simply stating facts.

Recall that, in 2016, Trump and Sanders were the only presidential candidates opposed to the mass importation of low-wage workers immiserating our working class.

Sadly, they both moved left on the issue at about the same time: Bernie when he went from being a Socialist to a Democrat, and Trump when he went from the campaign to the White House.

On war, Sanders is certainly consistent. Good war, bad war, necessary war, stupid war — he’s against ’em all!

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Dems Converge Around Dementia-Addled Warmonger Ahead Of Super Tuesday, by Caitlin Johnstone

The Democrats have reduced their politics to a very bad joke. From Caitlin Johnstone at caitlinjohnstone.com:

Back in January, well before the Democratic primary race had taken on its current composition, independent journalist Ruth Ann Oskolkoff reported that a source had heard from high-level Democratic Party insiders that they were planning to install Joe Biden as the party’s nominee, and to smear Bernie Sanders as a Russian asset.

“On January 20, 2020 at 8:20 p.m. PDT I received a communication from a reliable source,” Oskolkoff wrote. “This person had interactions earlier that evening with high level party members and associates of the Democratic National Committee (DNC) who said that they have now selected Biden as the Democratic Party nominee, with Warren as the VP. They also said the plan is to smear Bernie as a Russian asset.”

Now, immediately before Super Tuesday, we are seeing establishment candidates Pete Buttigieg and Amy Klobuchar drop out of the race, both of whom, along with former candidate Beto O’Rourke, are now suddenly endorsing Biden. Elizabeth Warren, the only top-level candidate besides Sanders who could be labeled vaguely “left” by any stretch of the imagination, has meanwhile outraged progressives by remaining in the race, to the Vermont senator’s detriment.

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