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  • Invasion of the Anarchist Liberal Libertarians and No Job Creation Plan? No Problem [Edit or Delete]0 comments
    Nov 10, 2011 1:48 PM
    Have you even been in a situation where you hate something so much, you forget about it entirely? I think Perry had that problem last night during the debate.

    Am I the only one tired of all the complaining by the libs about economic 'hard times', the 'do nothing' congress, proliferate government spending, and 'the fed' ? These liberal whiners masquerading as conservatives and libertarians want fiscal conservatism to fulfill their desires for a Marxist inspired  revolution of wealth redistribution and destruction. True republicans want wealth creation, but this breed of angry anarchist/liberal republicans/libertarians that have infected the blogosphere since TARP want the opposite. They resent the success of the 1%, but rather than identifying themselves liberal, they are 'fiscal conservatives' or libertarians. Ideologically, they are still libs in that by attacking government spending, attacking congress, attacking the fed, and attacking Wall St. they are indirectly attacking the rich.

    If fiscal conservative policy were implemented today (i.e.; rate hikes, tax hikes, reduced government spending) the stock market would be annihilated. Trillions of dollars in wealth from a wide range of assets like real estate, commodities, stocks and even bonds would evaporate. The biggest losers would be, of course, the rich. This is wealth destruction. The redistribution part would be the sudden increase in purchasing power that mainstreet would experience from the instantaneous deflation in virtually everything from food & gas prices, healthcare, insurance, rent, etc.

    If Karl Marx were alive today he's probably be on zerohege ranting about the fed. Larry Summers, Bernanke and Geithner are much more conservative and embody republican values more so than the leftist whiners on the blogs like businessinsider, huffingtonpost, or zerohedge.
    Policy markers should implore Americans to consume more instead of pandering to populist angst. Americans should do their part and keep spending and quit complaining about the deficit, pain at the pump, falling home prices, jobs going overseas, and supposedly hard economic times. The economy, for example, is still doing great where I live. My home keeps going up everyday. No housing bubble there. 

    After the republican debate there was criticism that none of the candidates offered a  jobs plan. News flash: jobs plans are destined to fail. Obama's failed and I guarantee any incentives proposed  by a republican candidate are also destined to failure. Incentives don't work. They never have, never will. This is a large cap, multinational economic boom. Small biz is encumbered my massive borrowing fees at extremely uncompetitive rates, a high failure rate, cutthroat competition, and increasingly fickle consumers. Multinationals, on the other hand, are expierencing smooth sailing thanks to globalization, pro-growth policy, dirt cheap borrowing rates, and superior pricing power. No incentive will reverse this trend. Even I will admit tax cuts don't create jobs, but they are great for stocks and commodities, so I support them for that reason. Large companies won't begin to hire more Americans for higher paying, non service sector work until it's economically beneficial to do so. With profits and earnings for S&P 500 companies blowing past estimates for a 13th consecutive quarter, no one on Wall St. or in upper management is losing sleep over unemployment lol. 

    Wall St. wants low rates 4 ever, cheap labor, tax cuts, strong defense spending, exports, consumer spending, globalism, and productivity- NOT job creation plans.

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