The crass opportunist, Sen. Elizabeth Warren of Massachusetts, reportedly purposes to nationalize every major business in the United States.
Looks like Pocahontas is trying to one-up Democratic socialists like Bernie Sanders and Alexandria Ocasio-Cortez. If successful, this could lead to the largest private property seizure in American history.
As Reported By National Review:
Warren’s proposal is dishonestly called the “Accountable Capitalism Act.” Accountable to whom? you might ask. That’s a reasonable question. The answer is — as it always is — accountable to politicians, who desire to put the assets and productivity of private businesses under political discipline for their own selfish ends.
It is remarkable that people who are most keenly attuned to the self-interest of CEOs and shareholders and the ways in which that self-interest influences their decisions apparently believe that members of the House, senators, presidents, regulators, Cabinet secretaries and agency chiefs somehow are liberated from self-interest when they take office through some kind of miracle of transcendence.
Under Senator Warren’s proposal, no business with more than $1 billion in revenue would be permitted to legally operate without permission from the federal government. The federal government would then dictate to these businesses the composition of their boards, the details of internal corporate governance, compensation practices, personnel policies, and much more.
Naturally, their political activities would be restricted, too. Senator Warren’s proposal entails the wholesale expropriation of private enterprise in the United States, and nothing less. It is unconstitutional, unethical, immoral, irresponsible, and — not to put too fine a point on it — utterly bonkers.
This should be a wakeup call to Trump supporters and anyone who wants to see the Washington swamps drained! After all, Trump’s time in the White House is inevitably limited to two terms.
With the new rise in Socialism, it has become increasingly important to vote for conventional candidates that support American rights, freedoms, and values.