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2020-02-18 Home Front: Politix

Ted Cruz Rant on Dems and answering Robert Reich

And of the 10 richest men in America, SEVEN—Buffett, Bezos, Gates, Zuckerberg, Bloomberg, Page & Brin—are Democrats funding today’s Dems & “socialists.” Not coincidentally, massive govt power consistently PRESERVES massive wealth and PREVENTS new people from acquiring wealth. https://t.co/VXh2jhJrXF
— Ted Cruz (@tedcruz) February 18, 2020

Posted by 3dc 2020-02-18 10:45|| || Front Page|| [11135 views ] Top

#1 Our economy is effectively an oligarchy: more concentrated than ever, in sector after sector, and most concentrated in that sector which more than any other benefits from government-funded R&D and from Congress's refusal to apply the laws regarding competition, publishing, and taxation of interstate commerce: tech.

That regulatory laxity explains these men's billions more than any other factor.

Posted by Lex 2020-02-18 11:49|| 2020-02-18 11:49|| Front Page Top

#2 Our economy is effectively an oligarchy:

I prefer to think of it as a kleptocracy.

Posted by Abu Uluque 2020-02-18 12:18|| 2020-02-18 12:18|| Front Page Top

#3 You misspelled kakistocracy, Abu.

Posted by Mercutio 2020-02-18 14:10|| 2020-02-18 14:10|| Front Page Top

#4 Again, Robert Reich comes up... short.

Posted by Raj 2020-02-18 18:06|| 2020-02-18 18:06|| Front Page Top

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