The Great Democrat Con

[tsuke]

https://tsukesthoughts.wordpress.com/2017/06/28/the-great-democrat-con/

The Great Democrat Con

The Democratic party has run the most amazing con job in political history. For the longest time it has convinced the American public that it is the party that works for the benefit of the working class while painting the Republicans as evil tools of corporate greed. In reality every single one of their major policies have massively enriched the big business they are supposed to be railing against. Despite their demonization from the press and complete lack of effort in defending their viewpoints it is actually the Republicans who pursue efforts that end up helping the poor and middle class citizens.*

Lets take a look at a few of the most popular Democrat accomplishments.*

Dodd-Frank

I have written about this in the past. According to Democrats this was supposed to protect the economic system from the banking industry being too big to fail and requiring bailouts. In reality it increased the market share of giant backs from 25% to 63% and increased the share of 4 banks from 11% to 43%. It has devastated smaller banks causing 25% of them to close outright and creating a period in the Obama administration where only 3 new banks opened as opposed to 100's per year under Bush. Of course since there is no competition consumers take it on the chin as well as they have more fees to contend with.

Due to their brilliant marketing consumers still think Dodd-Frank is good for them and major Democrats like Bernie Sanders still want to continue this policy even after seeing its effects.

Obamacare

Obamacare was billed as a way to deliver affordable quality healthcare to every man , woman, and abortion in America. It was supposed to lower all premiums, let everyone keep the same doctor, and let people with existing illnessess benefit from insurance. The insurance companies complain about Obamacare but in reality they have more than doubled their profits under this system. In exchange for their doubled profits they have delivered massive premiums and sky-high deductibles. People were indeed covered but deductibles are so high very few people could use their insurance effectively. After all there is no incentive to provide quality insurance when the government holds a gun to your head and forces you to purchase it. In most cases you are forced to buy it from an effective monopoly.*

Illegal Immigration

Democrats have always been big supporters of illegal immigration. The cynic in me says they do it for voters. Others will say because they want to help the poor citizens of South America and other places. Whatever the reason the policy depresses income for those who make the least.

Labor like anything else is a commodity. As with any commodity when there is plenty of supply its value drops. Illegal immigration increases the supply of labor massively undervaluing the labor provided by citizens. The concept is similar to plantations importing slaves in the past because they could not make the same profit paying citizens fair wages.*

It is very sad that Republicans are too shy to point out these failures of Democrats enabling them to continue misleading their public about their image.*

 

[archives]

Why is it conservatives all think that the world is talk radio, that they can come forth with any totally unsubstantiated generalization and try to pass them off as fact?

So. if the Democrats never worked for the working class why do you suppose all those Labor Unions the right has declared war on have nearly always supported Democrat candidates? Why are they now complacent with the fact that their latest health proposal cuts health care coverage for 22 million Americans while giving a tax break for the top fifteen percent of Americans?

I think if you are looking for the greatest con job in American History it might be the candidate that you just helped get elected, six months in and nearly all of his promises have fallen by the wayside

 

[tsuke]

Why is it conservatives all think that the world is talk radio, that they can come forth with any totally unsubstantiated generalization and try to pass them off as fact?

So. if the Democrats never worked for the working class why do you suppose all those Labor Unions the right has declared war on have nearly always supported Democrat candidates? Why are they now complacent with the fact that their latest health proposal cuts health care coverage for 22 million Americans while giving a tax break for the top fifteen percent of Americans?

I think if you are looking for the greatest con job in American History it might be the candidate that you just helped get elected, six months in and nearly all of his promises have fallen by the wayside

can you dispute anything ive stated?

Go with Dodd-frank first. Is anything ive said wrong?

 

[archives]

can you dispute anything ive stated?

Go with Dodd-frank first. Is anything ive said wrong?

Just did, want more, it is the Democrats who now want to continue the Fiduciary rules implied within Dodd-Frank and the Republicans that want to get rid of them, certainly doesn't help the working class to dump restrictions that aid them from getting duped

 

[tsuke]

Just did, want more, it is the Democrats who now want to continue the Fiduciary rules implied within Dodd-Frank and the Republicans that want to get rid of them, certainly doesn't help the working class to dump restrictions that aid them from getting duped

like what? Its false that under dodd frank we have nearly half the banking industry controlled by 4 banks when they started at 11% before?

 

[Getin the ring]

tsuke, he's got nothing this kid archives, his Trump is bad schtick is getting tired though, you can hear it in his posts.. he is starting to hear what he sounds like and he's ashamed

 

[archives]

like what? Its false that under dodd frank we have nearly half the banking industry controlled by 4 banks when they started at 11% before?

I have no idea, your cherry picking stats and asking for validation, Dodd Frank did get rid of banks that didn't have the required reserves and did set regulations to curtail risky lending, which also effected venturing commercial banks, but you've have to show how any of these reforms worked against the working class

Also, Dodd Frank did not reduce the number of loans taken out by working class Americans as Republicans claim, in fact it increased those loans. Dodd Frank provided for services to protect consumers from unfair, deceptive or abusive practices in any financial product, hardly a measure designed to hurt the working class.

 

[tsuke]

tsuke, he's got nothing this kid archives, his Trump is bad schtick is getting tired though, you can hear it in his posts.. he is starting to hear what he sounds like and he's ashamed

will he heil trump?

 

[Getin the ring]

I have no idea, your cherry picking stats and asking for validation, Dodd Frank did get rid of banks that didn't have the required reserves and did set regulations to curtail risky lending, which also effected venturing commercial banks, but you've have to show how any of these reforms worked against the working class

Also, Dodd Frank did not reduce the number of loans taken out by working class Americans as Republicans claim, in fact it increased those loans. Dodd Frank provided for services to protect consumers from unfair, deceptive or abusive practices in any financial product, hardly a measure designed to hurt the working class.

yea , whatever you say lolololol

 

[archives]

tsuke, he's got nothing this kid archives, his Trump is bad schtick is getting tired though, you can hear it in his posts.. he is starting to hear what he sounds like and he's ashamed

Wow, next time we need input from the drama queen we know where to go

 

[tsuke]

I have no idea, your cherry picking stats and asking for validation, Dodd Frank did get rid of banks that didn't have the required reserves and did set regulations to curtail risky lending, which also effected venturing commercial banks, but you've have to show how any of these reforms worked against the working class

Also, Dodd Frank did not reduce the number of loans taken out by working class Americans as Republicans claim, in fact it increased those loans. Dodd Frank provided for services to protect consumers from unfair, deceptive or abusive practices in any financial product, hardly a measure designed to hurt the working class.

its not cherry picking.

Every stat says the smaller banks were devastated by dodd -frank. After dodd-frank ALL THE SMALL BANKS COMBINED have the same market share as Bank of America. They used to make up a quarter of the industry. 1/4 of the small banks closed. We have like half the number of banks we did now than before dodd-frank.

It was a massive bribe to the big banks for their campaign contributions.

 

[Cancel 2020.1]

Both parties are owned by the corporations. But the GOP has earned their title as "party of the rich."

Trump's proposals represent a MASSIVE transfer of money from the poor and middle class to the wealthiest Americans. There is NO disputing that, whatsoever.

 

[tsuke]

Both parties are owned by the corporations. But the GOP has earned their title as "party of the rich."

Trump's proposals represent a MASSIVE transfer of money from the poor and middle class to the wealthiest Americans. There is NO disputing that, whatsoever.

i dispute! ^_^