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Progressives and their money…

I have always held the belief that today’s modern left is simply a modern day version of the old and corrupt aristocratic members of the feudal or guild systems of the middle ages – entities that closely guarded access to the benefits that membership provided, while lording it over everyone – and amounts to nothing but a protection racket for the connected. The progressive oligarchy smartened up however, knowing that simply doing business as usual, basically maintaining and growing its power and wealth, as was done on the olden days was not going to work. So instead of risking the mob turning on them, they shifted gears, pretending to help the less fortunate, while keeping business as usual. Don’t take my word for it.

Under Black Jesus, the super-rich have accumulated wealth at a pace that would have the progressives, both in politics and in the media (yeah, I know they are practically all progressive retards there), howling mad if the WH was occupied by a guy with an (R) next to their name. This has coincided with policy shifts that have drastically grown the handout class. More people than ever are now on some form of public assistance, primarily because the economy has been castrated and employment, especially full time high paying jobs in the private sector have all but dried up, and that number only looks to grow larger. Between the insane money borrowing & printing policies that are driving up our debt at an insane pace that makes anything that came before look tame, causing drastic inflation that we keep getting told is not happening by our political masters while the dollar’s power dwindles, and the anti-business vote buying schemes and scams like Obamacare, I remain surprised at the strength of our private sector’s ability to weather this storm.

But while these progressive policies are helping the ultra-rich get richer and keep power, by expanding the “Vote for a living” class membership, the real power behind America’s exceptionalism and economic success, the middle class, is getting destroyed. Of course, the truth is that all leftists systems end like this. Look at communism for the proof. From the old USSR, Cuba, and North Korea, as examples of abject failures, to more successful entities like China, the fact is that these progressive systems are based on a 2 class system. The first is the obvious oligarchy that runs the place and has all the power and wealth. They don’t have to won it directly, but people know better. Then you have the serfs: the rest of the schnooks that are fed a constant line of populist and anti-capitalism line bullshit, do all the work – when you can get them to work for the peanuts they get paid while struggling to get basic necessities – and reap none of the rewards, unless you think a reeducation camp, a gulag, or a bullet to the head is a reward.

Socialism is not much better. Look at Venezuela or any of those Arab oil states. Sure, our resident libs love to tell us about Israel, New Zealand, or Europe, but the truth is they are doing nothing more than the progressives in the 70s and 80s did in the US writ places like New York State, Michigan, Illinois, and California. Back then the progs told us all how their policies were directly responsible for the economic growth and success these places experienced, and even if there was a nugget of truth to it, today every one of these states or fiefdoms is facing hard times and bankruptcy. Most European socialist states are unraveling as well. That’s because this shit doesn’t work. You can’t keep borrowing and pushing the responsibility to pay the debt on others, all so you can prop up a system that pretends to do what it does to help people, but rarely does anything of the sort. Collectivism doesn’t work. And there is no room for a middle class in any of these progressive systems.

So why this long rant? Well, the whole thing is a setup for another obvious instance of the left’s double standards. What else do you call the revelation that people that advocate wealth redistribution policies but then work hard to avoid them for themselves ?

Bill and Hillary Clinton have long supported an estate tax to prevent the U.S. from being dominated by inherited wealth. That doesn’t mean they want to pay it.

To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top 1 percent of U.S. households in wealth. These moves, common among multimillionaires, will help shield some of their estate from the tax that now tops out at 40 percent of assets upon death.

The Clintons created residence trusts in 2010 and shifted ownership of their New York house into them in 2011, according to federal financial disclosures and local property records.

Among the tax advantages of such trusts is that any appreciation in the house’s value can happen outside their taxable estate. The move could save the Clintons hundreds of thousands of dollars in estate taxes, said David Scott Sloan, a partner at Holland & Knight LLP in Boston.

“The goal is really be thoughtful and try to build up the nontaxable estate, and that’s really what this is,” Sloan said. “You’re creating things that are going to be on the nontaxable side of the balance sheet when they die.”

The Clintons’ finances are receiving attention as Hillary Clinton tours the country promoting her book, “Hard Choices.” She said in an interview on ABC television that the couple was “dead broke” and in debt when they left the White House in early 2001. After being criticized for her comments, she told ABC’s “Good Morning America” that she understood the financial struggles of Americans

Look, I am not denying anyone the right to try and keep as much of their income as possible. But if you ever had perfect examples of the progressive movement’s bad guys, your stereotypical robber barons, it’s the Clintons. They have made a ton of money out of being politically powerful and connected, and have done so while decrying that very practice. It’s the same hypocritical shit that allows someone like Michael Moore to get stinking rich making idiotic and pedantic bullshit they pass off a serious documentary reporting, but amount to nothing more than ranting against the very system that allows him to rake in the cash. It’s despicable.

One set of rules for thee, and another for the progressive oligarchy. Now I can understand their motivations. What I don’t understand is how the people that lap up the class warfare cock these oligarchs use to maintain their grip on power and their exclusive clubs don’t see through it. At least the other such two tiered systems didn’t make any bones about the motivation of the people in power like any of the collectivist systems the progressive movement so love does.

9 comments

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  1. CM says:

    Of course, the truth is that all leftists systems end like this. Look at communism for the proof.

    As bad as communism was (and it was total shit and will always be total shit), it isn’t “proof” that “all leftists systems” end like that.

    Sure, our resident libs love to tell us about Israel, New Zealand, or Europe, but the truth is they are doing nothing more than the progressives in the 70s and 80s did in the US writ places like New York State, Michigan, Illinois, and California. Back then the progs told us all how their policies were directly responsible for the economic growth and success these places experienced, and even if there was a nugget of truth to it, today every one of these states or fiefdoms is facing hard times and bankruptcy.

    Please explain how a budget surplus ultimately ends with hard times and bankruptcy. Run the math past me.

    Again, your premise is fatally flawed.

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  2. richtaylor365 says:

    Sounds like Bill just lost his religion;

    http://www.breitbart.com/Big-Government/2014/04/30/Bill-Clinton-I-Thank-God-Every-Year-That-I-Get-To-Pay-More-Taxes

    Former President Bill Clinton told students at Georgetown University that he was grateful that he could pay more taxes every year.
    “Hillary and I and some of our friends in this audience who live in New York probably pay the highest aggregate tax rates in America, and I thank God every April 15th that I’m able to do it,” Clinton said.

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  3. CM says:

    Awful hypocrisy on show there.

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  4. Xetrov says:

    Anything to get the wife elected.

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  5. CM says:

    You downvoted me didn’t you Xetrov! Bastard!

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  6. Xetrov says:

    It was my auto-downvoter, I swear!

    if ( poster=”CM”($downvote))

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  7. CM says:

    ;-)

    (well ok then, so long as you haven’t previously campaigned to eliminate down-voting…….)

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  8. Seattle Outcast says:

    I have that same code, save on searching for posts so stupid they make your eyes bleed.,,,

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  9. Xetrov says:

    D’oh! Auto-downvoter strikes again.

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