SOUTH CAROLINA DEMOCRATS GO TO BAT FOR … THE ONE PERCENTERS?
|| By FITSNEWS || Usually it’s Democrats calling out “Republicans” for crony capitalism – a.k.a. putting the needs of the privileged few ahead of the rest of us.
Well, that script has been flipped in early-voting South Carolina …
In the Palmetto State, the Democratic Party is going to bat for the U.S. Export-Import Bank – a taxpayer-guaranteed loan program which benefits wealthy one percenters at the expense of American consumers.
Specifically, party officials ripped U.S. Senator Rand Paul of Kentucky and U.S. Rep. Mick Mulvaney (who endorsed Paul’s presidential bid this week) for their opposition to this corrupt, government-run slush fund.
“Both Congressman Mulvaney and Senator Paul supported closing the Export Import Bank which has cost Greenville 400 jobs and resulted in Boeing, a major South Carolina employer, losing a contract worth hundreds of millions of dollars,” a statement from the S.C. Democratic Party noted.
Wow … wonder where they’re getting their marching orders from, huh?
(We’ve got a guess).
Anyway, Democrats went on to accuse Mulvaney of “backing ideas that are outside of the mainstream and bad for South Carolina’s middle class.”
Ummm …
So let’s get this straight: Boeing and General Electric, two international conglomerates which receive billions of dollars in government contracts and taxpayer handouts, have been cut off from participating in a market-distorting loan program that benefits their executives while placing American corporations and consumers at a competitive disadvantage. And they’ve responded to getting cut off (well GE has responded, at least) by firing U.S. workers.
But Paul and Mulvaney are somehow the bad guys?
Wow …
This website hasn’t expended much in the way of flattering verse on Paul and Mulvaney of late, but they were 100 percent correct to oppose this crony capitalist slush fund.
And Democrats are 100 percent hypocritical to attack them for it …
The Export-Import Bank makes life harder on domestic companies and U.S. consumers. Those are the people Democrats (and “Republicans”) in Washington, D.C. and early-voting South Carolina should be standing up for – not the Boeing and GE executives.
Paul and Mulvaney did that … and are to be commended for their stand.
37 comments
If this had been one of the Republican nominees immersed in this as deeply as Hillary, the print and broadcast medium would be all over this.
Hillary and this Clinton Foundation will never miss a beat to enrich itself at the expense of the taxpayers. These Clinton’s are as slick and crooked as a snake. Getting a $900.000.00 bribe paid to them should be viewed as a criminal act.
It’s to the point that it is widely and commonly accepted by both sides: To win, the GOP will have to defeat the Democrat Party and the Establishment Media. (or is that redundant?)
We live in a corrupt age. If you are on the side of good, the forces against you are formidable. But we can (and are) winning. Pat yourself on the back when it is done.
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Bernie Sanders is our only hope! May God bless and keep him.
What discredits FITSNews most (among so many things) is your inability to figure anything out.
And the reason you look so fucking ignorant so often, is that your belief system is based in the myths the liberals and the Democrats feed you.
Remember: Liberals and Democrats have the goals to FEED YOUR GREED and maintain your power.
Understand that: you would not be so fucking DUMB-Founded, so Fucking often.
4,320 visitors per day, How many did your pathetic, autofellatio of a blog get again?
SCPD had about 750,000 visits in 5 months, according to Google. Do the math. It beat some official party websites.
Probably why FITSNews prohibited links to it. It was a true threat and hostile to Democrats and Liberal-Tarians.
Will needs to drop some numbers just to show how pathetic yours really is, GrandTango.
And only an idiot would discontinue it if it were truly that successful and influential. So, there’s really only two choices: a) you’re a liar and it had no success/influence, so you stopped or b) it was very successful and generating lots of feedback, but run by an incompetent idiot who thought it would be a good idea to quit a successful venture to pursue his dream of commenting on FITSNews. Which one will it be?
It’s publicly available information. And I could start it back tomorrow – and duplicate that traffic level – if I wanted. But I have other, more lucrative interests.
When you are thoughtful, bright, provocative, innovating, intellectually stimulating and honest …Good Americans, in addition to fearful creeps, will beat a path to your domain…
Too bad you’re so dull and dishonest….
I must have hit the nail on the head, huh? That’s why you’re so pissed and defensive. There is no “publicly available information” about the success of your site, otherwise you would have linked to it. You just claim it is, then say it’s publicly available information to cover your ass. When asked for a link, you say something like “it’s not my fault ur a dumbass and can’t figure it our yourself” or some other bullshit like that. You’re a liar and you’ve been proven to be so over and over. You just need to own it. Every one knows good and damn well that it’s not possible for you to be pursuing “other, more lucrative interests” with all the time you spend here added to the fact that you are a juvenile menace without any talent for communicating any thoughts. You’re such a dumbass. You spew your childish garbage on here every day, and you really think we don’t notice? You think we’ve got you confused with some erudite columnist? LMAO!! If you’re going to lie, at least come up with something more plausible.
GE is not being cut off from a Export-Import Bank, it will utilize the French version, and as a requirement of that country’s bank, move the US jobs FITS has called for the elimination of, to that country. What a fucking dunce you are. But it puts gas in your tank, food in your stomach. How you sleep well at night calling for the firing of 500 of your fellow US citizens, is hard to fathom.
If making airplanes is going to be so unprofitable here that the companies need to move elsewhere then that’s just going to have to be how it is. We will continue to bleed jobs until we go bankrupt and become the next third world country.
There are not all that many big industrial “things” we still lead in.
Large aircraft (Boeing) and locomotives (GE) are some of them still made here and sold in quantity abroad.
We’d best be careful about botching these.
Let their taxpayers spend $2 billion to support 500 jobs. Maybe they’ll make it up on volume.
Exactly which US airplane manufacturer(s) have been put at a disadvantage by the Ex-Im bank? I am sure I will get the usual Folks’ crickets’ response.
Boeing and GE have unions, that’s way Dems are tossing support their way.
Similar to most government programs, taxing everyone for billions of dollars to save 500 jobs “makes sense”, but in this case- Dems have their eyes on securing Union worker votes with taxpayer money.
The EX-IM bank in the end will probably be impossible to kill off long term. GE & Boeing have tons of money to throw and politicians on both sides of the aisle.
Most if the time irresponsible bloggers only cause confusion and a period of misinformation, but in this instance David Stockman, a failed bureaucrat and businessman, has managed to cause real damage by being the origin of the libertarian inspired attack on the Ex – Im bank. The purpose of the bank is no different than other government programs such as FDIC or FEMA flood insurance. Yes these programs can cause taxpayer liability risk, but bank failures or floods can cause fanatical failures that can spiral out of control into panics and cause damage far beyond the principal parties. You don’t have to have deposits or stock in a bank to be harmed by its failure. Federal programs contain that damage.
It is exactly because of these situations that libertarianism is a failure and doesn’t survive anywhere that it is tried. The Ex-Im bank does not loan money to Boeing or GE. It loans to its foreign customers. Loans across international borders are particularly difficult because the American company would have to go to foreign courts to collect debts. Many of the products GE produces are so specific that if the customer refuses to pay it can’t be sold to another customer. Smaller exporters could never get this kind of financing.
The wealthy one percenters will not suffer from the elimination of the Ex-Im bank. They will get the financing from foreign countries by moving jobs there.
“It is exactly because of these situations that libertarianism is a failure and doesn’t survive anywhere that it is tried.”
Can you give us an example?
Irish potatoe famine. The laissez faire policies of the UK made Ireland dependent on one crop and encouraged the exporting of other food crops during the famine.
“Irish potatoe famine. The laissez faire policies of the UK made Ireland dependent on one crop”
Your view doesn’t seem to mesh with reality.
Not only was there no policy of “laissez faire” up to and into the actual famine, once the Whigs got in, who did believe in laissez faire”, the damage was already done. Peel didn’t get in until 1846 with the famine well under way.
In fact, there was no discernable free market policy in place up to that point the potatoe depency historically speaking has been laid at the feet of central planning via the “Corn laws”:
Per wiki:
“The Corn Laws were measures in force in the United Kingdom between 1815 and 1846, which imposed restrictions and tariffs on imported grain.”
(hence the dependency)
But further, driving a stake though the argument you just tried to make:
“The Corn Laws enhanced the profits and political power associated with land ownership. Their abolition saw a significant increase of free trade.”
http://en.wikipedia.org/wiki/Corn_Laws
Hopefully you just misunderstood the history. If you were disingenuous about, you’re a pretty evil dude.
There is a whole section on Laissez faire.
http://www.historyplace.com/worldhistory/famine/begins.htm
“In adhering to laissez-faire, the British government also did not interfere with the English-controlled export business in Irish-grown grains”
Explain to me how “english controlled export” represents laissez-faire.
This is why Wikipedia, with a peer reviewed and reference system is superior to the opinion of someone running a history site.
Per Wiki:
“”Corn” included any grain that requires grinding, especially wheat. The laws were introduced by the Importation Act 1815 (55 Geo. 3 c. 26) and repealed by the Importation Act 1846 (9 & 10 Vict. c. 22). The laws are often considered examples of British mercantilism.[2]”
You get that? BRITISH MERCANTILISM. (not laissez-faire)
The English control was private Englishmen not acting under direction of the government.
What do you call the “Corn laws” if not direction of the government?
There was no law that required Ireland to export its grain.
Do you understand why Wiki lists Corn laws as a major contributing factor to the starvation associated with the potato famine?
Let me remind you of your first argument:
“The laissez faire policies of the UK made Ireland dependent on one crop and encouraged the exporting of other food crops during the famine.”
It’s just been conclusively demonstrated that the dependency arose from Corn laws, which placed restrictions on grain importation, artificially raising prices for a starving population in addition forcing tenant farmers to export what they had in grain to hold onto their lands, relying solely on potatoes for food.
On Wikipedia’s page on the “Great Famine” not only does it list “Corn laws” as an observation to note on it’s front page, it also lists “Policy failure”. (meaning gov’t policy failure)
Here’s a nice summary on Wiki under “Corn Laws”:
“The Corn Laws enhanced the profits and political power associated with land ownership. Their abolition saw a significant increase of free trade.”
See that?
The famine was the whole reason Corn Laws were repealed!!!!
Free markets/libertarianism didn’t fail, government policy failed.
“In the 17th and 18th centuries, Irish Catholics had been prohibited by the Penal Laws from purchasing or leasing land, from voting, from holding political office, from living in or within 5 miles (8 km) of a corporate town, from obtaining education, from entering a profession, and from doing many other things necessary for a person to succeed and prosper in society. The laws had largely been reformed by 1793, and the Roman Catholic Relief Act 1829 allowed Irish Catholics to again sit in parliament.[11]
Landlords and tenants
During the 18th century, the “middleman system” for managing landed property was introduced. Rent collection was left in the hands of the landlords’ agents, or middlemen. This assured the landlord of a regular income, and relieved them of any responsibility; however, the tenants were subject to exploitation by the middlemen.[12]
Catholics made up 80% of the population, the bulk of whom lived in conditions of poverty and insecurity despite Catholic emancipation in 1829″
Centrally planned, government created poverty.
Now if would just move FOWARD to the 19th century when the famine occurred.
lol, seriously…that’s the argument you’re making? Weak sauce.
That’s the whole reason Irish were stuck as tenant farmers, before the Corn laws screwed them further.
17th century mercantilism screwed the Irish, 19th century of mostly Laissez faire (corn law excepted) was not enough for them to recover from their degraded situation.
Dude, it was already shown there was no “laissez faire” wanted in leadership until the famine was already well underway; and even then it’s not like it then become so….the Corn Laws were just one major issue.
Nice pic. Is that Rocky’s wife? Oh that’s right that low class guinea has an eye talian wife who is much more hairy. Especially around her cavernous twat.
“SC Democrats”. That sounds like a really tall chinese guy with red hair named Eric. There’s like 3 of them.
Most of the Republicans are the typical southern democrats of old. Anti abortion and free spending. Nothing has changed.
disgraceful these companies take this money, then claim zero tax liability because they are hiding their money off-shore…