George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.

Friday, September 6, 2013

Government creates global warming 'experts' who then become part of government power circle which demands submission because the debate is over-The Lost Decade, Codevilla

"Increasingly the top people in government, corporations, and the media collude and demand submission as did the royal courts of old."..."Again and again, the American people are forced to confront the fact that its ruling class is not on its side." (subhead, Public Safety)

======================
.
10/20/11, "The lost decade," Angelo M. Codevilla, Claremont Institute (2001-2011)

"Rule by Experts" (subhead, scroll down)

"Decision-making by "experts" rather than by people and procedures responsible to the American people has always been American progressives' prescription for American life. During the past decade, the pretense that America was at war has given this practice a major boost. For example, official and semi-official panels of experts from government, business, and the academy generated "studies" on the energy and health-care sectors of the economy. Based on these, the government promulgated regulations and presented Congress with demands that it approve massive legislation to "stop global warming"
and to "establish universal medical care." These government-business-academic experts, i.e. this ruling class, presented their plans as demands because, they shouted,

"the debate is over,"

and opponents are not qualified to oppose. Regardless of these demands' merits, such claims to authority are based strictly on the proponents' credentials. My point, however, is that these credentials are based largely on the government endowing these proponents with positions and money. As President Dwight D. Eisenhower warned in his farewell address, such expertise is a circular function of government power. 
.
The event for which the decade is most likely to be remembered, namely the "great recession," was a similar phenomenon. When the financial bubble in mortgage-backed securities burst in 2008, the leaders of both parties, and pundits from the New York Times to the Wall Street Journal, assured Congress authoritatively that appropriating some $800 billion for the Treasury to buy up "toxic assets" would fix the problem. Three out of four Americans dissented, in part because of widespread recognition that the U.S. government's increase in expenditures from $1.86 trillion in 2001 to $2.9 trillion in 2008, due in part to the war, was unsustainable. Yet Congress bowed to "expert" opinion. But the markets tanked, the fix did not work,
and the economic collapse gathered momentum. The subsequent Democratic administration increased spending even more radically, to $3.7 trillion, roughly doubling federal expenses in a decade, and pushed the national debt over $14 trillion—almost equal to America's GDP. By 2011, 40 cents out of every federal dollar spent had to be borrowed. .

As a prescription for salvation, the very same spectrum of experts that had certified the efficacy of bailing out big banks emphasized to Congress that the country needed to borrow more money and pay more taxes. Three fourths of Americans wanted neither to borrow more nor to pay more. The experts labeled them "irresponsible" and even "terrorists."

The markets tanked again, and the great recession got a second wind. The 2010 census reported that in 2009 the inflation-adjusted median family income was $49,445, down from $51,161 in 2001. Although the official unemployment rate at this writing is only 9.1%, a truer measure of America's condition is that only 45.4% of Americans of working age are employed full time—a true definition of depression.....

The CIA announced in 2010 that the president and his advisers had concluded that one Anwar al-Awlaki, a U.S. citizen in Yemen, was so involved in terrorism that American forces would hunt him down and kill him. Of what capital crime was he accused? By whom? Who convicted and sentenced him? The experts. On the basis of what evidence? Sorry, can't say. Classified. Wartime necessity, you know."...  

 =============================

2/20/13, "As Country Club Republicans Link Up With The Democratic Ruling Class, Millions Of Voters Are Orphaned," Angelo Codevilla, Forbes
.
"Increasingly the top people in government, corporations, and the media collude and demand submission as did the royal courts of old."...  






No comments:

Followers

Blog Archive

About Me

My photo
I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.