Sunday, November 24, 2019

More Odds and Ends. Happiest/Best Ever of Thanksgivings.



Best government money can buy: http://a.msn.com/00/en-us/AAH9wWI?ocid=se
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Kim says Warren blew it. (See 1 and 1a below.)
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Like Affirmative Action the IMF needs to be terminated. It serves a limited number of American Company's using tax payer funds. (See 2 below.)
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DORIS
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1)

Warren’s Medicare Blunder

She makes her plan slightly less radical. That’s likely to leave everyone unhappy.

By Kimberley Strassel


. Elizabeth Warren admitted last Friday that she had made a colossal, potentially fatal, campaign error—and immediately proceeded to make it worse. If the Warren presidential bid flops, this will be the moment to mark.

That admission didn’t come in so many words. It came instead in the form of a major update to Ms. Warren’s Medicare for All plan. The Massachusetts senator now proposes a two-year “transition” period, in which Americans would be able to opt in to Medicare. Put another way, Ms. Warren now calls for the same sort of public option as her “moderate” competitors. She says that she will wait until the third year of her presidency to abolish private insurance.

Her defenders are putting the best spin on this move—declaring her “two step” process a means of getting more government insurance to more people faster. In reality, it’s a wholesale abandonment of the risky Medicare for All plan that she unveiled only a few weeks ago—a plan so expensive, so convoluted and so draconian that it worried even her most fervent supporters.
The precise origin of this debacle was the moment in the first June Democratic debate when Ms. Warren announced she was “with Bernie”—Sen. Sanders of Vermont—on Medicare for All. Up to that point, she had afforded herself wiggle room, saying that she believed in a government-run system but stressing that there were many different “paths” for getting there. Her desire in that debate to keep pace with Mr. Sanders opened her up to relentless demands that she explain how her own plan would work. How could the woman who “has a plan” for everything speak in vague generalities about health care?

As pressure built for details, Ms. Warren confronted a new problem: For all the comparisons to Mr. Sanders, she’s running a very different, more “populist” campaign. Her goal is to be the Democratic Donald Trump—to appeal to “forgotten” blue-collar voters. Mr. Sanders was willing to acknowledge that his proposal wouldn’t work financially without raising taxes on middle-class Americans; Ms. Warren refused to admit the same for fear of alienating her prospective voters. Again and again, she dodged the tax question.
The plan she ultimately produced in early November did at least defy the critics. It called for no middle-class tax hikes—at least on paper. Yet making the math work (somewhat) required her to rely on rosy assumptions and magical savings, and to layer complex tax on complex tax. The total price tag was about $50 trillion over 10 years, and even liberal economists wouldn’t defend it.
The Warren announcement put an end to her climb in the polls. Survey after survey has shown Democrats overwhelmingly want a candidate who can beat Mr. Trump, but Ms. Warren’s idea had even the liberal cognoscenti terrified that the president would pummel her on a health-care program that stripped Americans of choice and wreaked havoc on the economy.
Last week’s pivot only compounded the campaign’s problem, opening it up to criticism from both sides. Ms. Warren’s new “transition” won’t reassure the tens of millions of Americans worried about losing their private insurance. “Keep your private insurance for two additional years!” is not a winning campaign slogan. At Wednesday’s debate, Mayor Pete Buttigieg again hit her for taking the “divisive” step of robbing Americans of private health insurance. Former Vice President Joe Biden asserted that he trusted “the American people” to make a choice on health care.
At the same time, the left is unhappy by what they see as a cop-out. Progressives rightly fear that when Ms. Warren says she’ll enact Medicare for All later, she won’t do it at all. Whatever political capital a President Warren earns will likely be gone by year three, even if Democrats control Congress.
“In the first week of my administration, we will introduce Medicare for All,” Mr. Sanders declared at Wednesday’s debate, making the clear distinction. The backlash against Ms. Warren was so intense that earlier in the week the head of the Congressional Progressive Caucus, Rep. Pramila Jayapal (D., Wash.), called a meeting of her colleagues, urging them to lay off Ms. Warren and support socialized health care in general.
We don’t know who’ll win the Democratic nomination, but the campaign has already produced a loser: Medicare for All. Most of the candidates ran from such a radical proposal from the start, while those who flirted with it, like California Sen. Kamala Harris, got burned. Ms. Warren is now trying to step back from the precipice, but the effort seems to have left her on shaky ground.

Elizabeth Warren is forced to admit that her son DID go to a private school after footage captures her telling a mother that her children went to public schools


In a clip taken Thursday Warren, 70, said: 'My children went to public schools.' But a yearbook picture from 1986-1987 appears to show her son Alex attended Kirby Hall School in Texas where fees now stand at more than $17,000 a year. 'Elizabeth's son went to public school until 5th grade', her aide confirmed. The Democrat said Thursday she would ban for-profit charter schools outright. The presidential candidate has already been forced to stand by her account of being fired from a teaching job nearly 50 years ago because she was pregnant. She also faced criticism for claiming to be descended from American Indians. Warren had a test done that revealed she had 1/1,024 Native American DNA.

President Trump will cost the “Global Economy” $455 billion, because that money will be transferred back to the America First economy. That’s what happens as MAGAnomics reverses the IMF trade (wealth distribution) model.

China and the EU have devalued their currency in an effort to block the impacts from President Trump and the ‘America First’ trade policy.  Because those currencies are pegged against the dollar, the resulting effect is a rising dollar value.  In essence, the globalist IMF is now blaming President Trump for having a strong economy that forces international competition to devalue their currency.

In the bigger picture is why President Trump is the most transformative economic President in the last 75 years.  The post-WWII Marshall Plan was set up to allow Europe and Asia to place tariffs on exported American industrial products.

Those tariffs were used by the EU and Japan to rebuild their infrastructure after a devastating war.  However, there was never a built in mechanism to end the tariffs…. until President Trump came along and said: “it’s over”!

After about 20 years (+/-), say 1970 to be fair, the EU and Japan received enough money to rebuild.  But instead of ending the one-way payment system, Asia and the EU sought to keep going and build their economies larger than the U.S.  Additionally, the U.S. was carrying the cost of protecting the EU (via NATO) and Japan with our military. 

The EU and Japan didn’t need to spend a dime on defense because the U.S. essentially took over that role. But that military role, just like the tariffs, never ended.  Again, until Trump.

The U.S. economy was the host for around 50 years of parasitic wealth exfiltration, or as most would say “distribution”. The  term “exfiltration” better highlights that American citizens paid higher prices for stuff, and paid higher taxes within the overall economic scheme, than was needed.

President Trump is the first and only president who said: “enough”, and prior politicians who didn’t stop the process were “stupid” etc. etc.  Obviously, he is 100% correct.

For the past 30 years the U.S. was a sucker to keep letting the process remain in place while we lost our manufacturing base to overseas incentives.  The investment process from Wall Street (removal of Glass-Stegal) only made the process much more severe and faster.  Wall Street was now investing in companies whose best bet (higher profit return) was to pour money overseas.  This process created the “Rust Belt”, and damn near destroyed the aggregate manufacturing industry.

Unfortunately, putting ‘America First’ is now also against the interests of the multinationals on Wall Street; so President Trump has to fight adverse economic opponents on multiple fronts - and – their purchased mercenary army we know as DC politicians.

No-one, ever, could take on all these interests.  Think about it.  The EU, Asia, World Bank, International Monetary Fund, China, Russia, U.S. Chamber of Commerce, Iran, U.S. Congress, Democrats, U.S. Senate, Wall Street, the Big Club, Lobbyists, Hollywood, Corporate Media (foreign and domestic), and the ankle-biters in Never Trump.  All of these financial interests are aligned against Main Street USA and against President Trump.
Name one individual who could take them on simultaneously and still be winning, big.
They say he’s one man.  They say they have him outnumbered.  Yet somehow, as unreal as it seems, he’s the one who appears to have them surrounded!
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