Kamalanomics, ‘Killer Kamala’ & the DNC – Top 3 Takeaways – August 19th, 2024
- Kamalanomics is communism. If you thought Bidenomics, highlighted by Bidenflation was bad, you ain’t seen nothing yet if Kamala’s granted the keys to the Kremlin...err White House. Stalin himself wouldn’t be able to devise a better packaged Communist manifesto if he were around today. The key to any good ultra-progressive propaganda proposal is to use platitudes to sell the benefits to an ignorant public, go light on details as to how it will happen, get elected and let the government takeover of the economy and thus society begin. The first two steps of the process are already in place. Kamala’s much anticipated economic address included platitudes like these: When I am elected president, I will make it a top priority to bring down costs and increase economic security for all Americans. As president, I will take on the high costs that matter most to most Americans, like the cost of food. We all know that prices went up during the pandemic when the supply chains shut down and failed. But our supply chains have now improved. And prices are still too high. And this: There's a serious housing shortage. In many places, it's too difficult to build, and it's driving prices up. As president, I will work in partnership with industry to build the housing we need, both to rent and to buy. We will take down barriers and cut red tape, including at the state and local levels. And by the end of my first term, we will end America's housing shortage by building 3 million new homes and rentals that are affordable for the middle class. But what she didn’t get into detail about is how exactly she’d go about theoretically “achieving” those policy objectives. The answer to the first, as it’s the only way to achieve what she laid out, is for the Federal Government, via the FTC (Federal Trade Commission), to issue federal government mandated price controls. Now, many countries engage in price controls with prescription drug costs, effectively the US does too through what Medicare will reimburse. However, do you know what countries currently use price controls at the level with which Kamalanomics proposes?
- Cuba, Venezuela, Chad, Benin, Burkina Faso, Haiti, Guinea-Bissau, Ethiopia and Niger. I’m not kidding. That’s the company economically with which Kamala Harris seeks to compete. In a 2020 World Bank study entitled: Price Controls, Good Intentions, Bad Outcomes – the World Bank said this in conclusion: While often implemented with the best social intentions in mind, these policies often distort markets and their consequences for growth, poverty reduction and government policies grow over time. And who suffers from this Stalinistic type of policy the most? According to the World Bank... Price controls can cause significant social policy and political economy challenges. The use of price controls combined with large subsidies is an inefficient tool for redistributing domestic income. These policies tend to be inequitable, as wealthier segments of the population, usually urban consumers, benefit disproportionately given their greater consumption of the price-controlled good compared to rural consumers and producers. Ahh, yes – it’s those who are already at the top of the economic scale that stand to benefit from communistic price controls while it’s those who are the bottom that suffer the most. And again, that depiction isn’t from a conservative source. That’s direct from the World Bank, which is part of the Great Reset agenda as advocated for by the World Economic Forum. What Kamala Harris is proposing is an economic system so poor, that only a handful of the world’s poorest countries actually do it. Kamalanomics is straight out of Saul Alinksky’s Rules for Radicals playbook. Create the crisis, and then exploit the crisis. Open borders and reckless federal government debt spending created Bidenflation. Now Harris ambitiously intends to exploit that crisis to complete her objective of putting an end to what’s left of American capitalism and free enterprise. And as for the details of the plan being especially light – because her team knows exactly what they’re trying to do... You can’t even find a copy of her economic plan on her campaign website. What does that tell you? If you want to keep company with the Castros in Cuba, you vote for Kamala Harris. If you’re not a communist, you vote for Donald Trump. It’s that simple. The stakes in this election couldn’t be any higher. And Kamala’s economic speech on Friday, while light on details, couldn’t have made it any clearer. And speaking of speaking clearly...
- How clear will President Biden be? Today the DNC gets underway and day one is said to be largely a tribute to Joe Biden’s career. The night will be capped off by the current president’s speech. Now when you think of Joe Biden speaking what do you think off? But the comical actors who still pretend to be journalists have a different read. Take this NBC News headline previewing tonight’s speech for example... Biden to make a forceful case for Harris and Walz in convention speech. Biden is said to be ready to make “a forceful case”? Come on man, when was the last time Dementia Joe effectively made “a forceful case” for anything. Does NBC News know something we don’t? For example, are we going to get “Jacked up Joe” 2.0? The one we were all expecting for the debate that never materialized? Did team DNC not give Joe “the cocktail” for his debate to be able to move him out of the way but intends to for his “Forceful case for Harris” tonight? Joe Biden hasn’t been able to go longer than 15 seconds publicly since the State of the Union address in a particularly coherent manner, but NBC News is expecting that to change tonight? Com’mon man. And btw, isn’t it interesting that the DNC is all about moving Joe Biden out of the way as quickly as possible? The Democrat Party is clearly so ready to be rid of him they’re putting him first, so they have three days to move on from him at the convention, as opposed to say Joe Biden speaking before Kamala and then handing it off to her as a form of passing the torch. What the DNC is doing is forceful. Joe Biden? Not so much – unless it magically turns out to be a repeat performance of “Jacked up Joe” tonight. But the biggest storyline of all might have to do with protestors at the DNC. Chicago authorities have granted permits to seven organizations to protest the DNC this week. What’s anticipated to be the largest among them are them protests held by the U.S. Palestinian Community Network. The chair of the organization told the Washington Post: We feel that their administration is responsible for this ongoing war and genocide. Our target is the Democratic Party and the leadership of the party and ‘Killer Kamala’ is one of them. It figures be festive in Chicago this week but not necessarily the way that the DNC is choreographing this thing.