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Nick Hanauer: Rich people don't create jobs & Beware, fellow plutocrats, the pitchforks are coming (Original Post) Veilex Nov 2014 OP
The dude speaks a lot of truth. A LOT of truth. shraby Nov 2014 #1
It's nice to hear from a pragmatic capitalist who gets it Jack Rabbit Nov 2014 #2
I really love it! mazzarro Nov 2014 #3
To a great extent, there's always been this schism RufusTFirefly Nov 2014 #4
Great videos! Quantess Nov 2014 #5

Jack Rabbit

(45,984 posts)
2. It's nice to hear from a pragmatic capitalist who gets it
Sat Nov 22, 2014, 05:49 PM
Nov 2014

I've been saying, almost ever since Ronald Reagan was elected president, that the ideas behind his policies were a recipe for disaster.

I'm one of those who want to bring out the pitchforks, now. That is because the crisis is now. Nevertheless, I would consider it a victory if the end result is Mr. Hanauer's vision. It would at least be a return to sanity.

The villains in our world aren't the Nick Hanauers. They are the Koch borthers, whose idea of the free market is one in which they have the power to stifle innovation and force consumers to continue to buy fossil fuel based energy. That's not a free market. It the wet dream of someone who could say, "All I want is my fair share and that's all of it." That Charlie Koch ever said that may be an urban legend, but if so then it's an urban legend because the capture the essence of the man: greedy, selfish and with an enormous sense of entitlement. (Yes, Charlie, I want to see you and and your brother get your fair of what's coming to you and I mean all of it).

Nick Hanauer is apparently a man who knows how to make money by working for it instead of stealing it like today's Wall Street bankers do or manipulating the political process to work only for them like the Koch brothers.

Trickle down economics is self-defeating. The Koch brothers' vision is a world where they have it all and the rest of us have nothing, but I haven't heard any evidence that either know how they're going to sell anything to people who have no money. Mr. Hanauer knows that just won't work.

RufusTFirefly

(8,812 posts)
4. To a great extent, there's always been this schism
Sat Nov 22, 2014, 10:11 PM
Nov 2014

During the Great Depression, some of the wealthy saw the writing on the wall and reluctantly sided with FDR. The rest didn't and never forgave him. In fact, starting around January 20, 1981, they began exacting their long-awaited revenge and have been continuing to do so -- almost unabated -- ever since.

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