Democrats are Communists

Sen. Warren Reveals Democratic Socialists' Hidden Agenda, by Kerry Jackson, 8/17/19, Investors’ Business Daily.
 
Democratic Socialism: A Ruinous Idea. But Warren "isn't really concerned about businesses failing," says Scott Shackford of the Reason Foundation.

Socialist Sen. Bernie Sanders has defended his statist agenda by claiming that the democratic socialism he supports isn't the brutal, murdering socialism of Cuba, the Soviet Union, Red China, and North Korea. His inspiration, he says, is the velvet democratic socialism of Scandinavia.

In the early stages of the 2016 election, Sanders insisted that "we should look to countries like Denmark, like Sweden and Norway, and learn from what they have accomplished for their working people."

Alexandria Ocasio-Cortez, the Democrats' newest political star whose light oftentimes doesn't shine so brightly, recently told one late-night television clown that Democratic Socialism means "in a modern, moral, and wealthy society, no person in America should be too poor to live."

So no government seizure of property, no expropriating the means of production. Just a delightful commune of 330 million who are ever gracious to, and lovingly care for, their fellow man. But that's not what socialists truly want. Their ultimate goal is to rule their fellow man.

Sen. Elizabeth Warren, the Massachusetts Democrat, made this quite clear on Wednesday when she introduced the "Accountable Capitalism Act." A more accurate name would have been the "First Step to Overthrowing Capitalism Act," because a long-term objective of the Democratic Socialists of America is crushing capitalism. They want an economy that isn't free and open but subject to their boot on its throat.

Under what we'll call Warren's Decree, "American corporations with more than $1 billion in annual revenue must obtain a federal charter from a newly formed Office of United States Corporations. The new federal charter obligates company directors to consider the interests of all corporate stakeholders, including employees, customers, shareholders, and the communities in which the company operates."

Warren's Decree also: “Requires "a United States corporation" to "ensure that no fewer than 40% of its directors are selected by the corporation's employees."

"Restricts the sales of company shares by the directors and officers of United States corporations."

"Prohibits United States corporations from making any political expenditures without the approval of 75% of its directors and shareholders."

"Permits the federal government to revoke the charter of a United States corporation if the company has engaged in repeated and egregious illegal conduct."

Why didn't she just say this is the first step toward establishing a new people's republic? Isn't that what it is?

CNBC reported Wednesday that Harvard University economics professor Jeffrey Miron characterized the bill as a means for destroying capitalism. It "will create a whole set of new rules that the federal government will enforce," he said. He added, "those rules will not be clean, explicit or simple. They'll be messy, they'll be complicated."

Which will make the $1 billion companies exactly what Warren and the socialists want them be — vassals of the state. And as companies grow, more will fall under the heel of democratic socialism. Unless they choose to stagnate, which any reasonable business would. That of course will hurt economic expansion, but what do socialists care? As long as they're in charge, life is grand for them.

It's obvious that Warren believes she can run businesses better than the executives who manage them. In her mind, they "are setting themselves up to fail" because they focus on making profits for their shareholders. She's from the government and is there to help them repent and turn from their wicked ways.

"She's worried about the ones that succeed despite operating in ways that she doesn't like. What she really wants to is put the federal government in a position of evaluating and approving how companies grow. She would substitute the decisions of people who run businesses with the prejudices and preferences of people who think like she does. And she wants to use the courts to enforce her ideas of how corporations should be managed."

Those driven by childish jealousies — GQ accurately, and fawningly, labels Warren's Decree a bill "for everyone who is tired of the rich getting richer" — and the power hungry will be eager to support the country's descent into the madness that is socialism.

Of course the legislation has little chance of passage in the current environment. But Warren is charging up her base of comrades for a future run at burning down capitalism and replacing it with autocratic central planners.

They dream of a January 2021 inaugural speech in which President Warren declares "socialism now, socialism tomorrow, socialism forever."

https://www.investors.com/politics/commentary/warren-democratic-socialist-agenda/

Norb Leahy, Dunwoody GA Tea Party Leader