Tag: executive order

Cuomo: America was never great

New York Governor Andrew Cuomo is in hot water for countering Trump’s “Make America Great Again” slogan with one of his own: “America was never that great”.  I don’t know how far that’s going to get him with the majority of Americans, but it will play well with the radical Democratic Socialists on the Left.  Just yesterday Bernie Sanders said America is “fundamentally immoral and wrong”.  Andrew Cuomo’s brother and CNN commentator Chris Cuomo recently got himself in trouble suggesting that punching right-wingers was morally justifiable.

Democrat governor says America was never great

Economists are taking Elizabeth Warren to task over her far fetched Accountable Capitalism Act.  Warren, who opposes free market capitalism, came up with the idea of having corporations have to obtain a “Federal charter” to operate.  The license, in addition to the hoops they have to jump through to work in their state, would raise $1 billion in fee taxes.  Warren’s so-called “charter” would require corporate directors to consider not just their stakeholders, but also their employees and communities.

Of course, this is moronic.  Any well run company has to consider the well-being of their employees and communities or the free market will eliminate that company from competition.  In fact, that point was made by none other than BET co-founder Robert Johnson.  The Black Entertainment Television co-founder said “Most companies and most boards look at all of their stakeholders, not only their shareholders. They look at their employees, they look at the community where they reside and do business, they look at even the vendors that they do business with. So I think it’s a solution in search of a problem that’s absolutely not necessary,”

What Warren’s bill, along with the exemptions for friends of the ruling party that we have seen with previous Socialist overreaches, would create a new avenue for crony capitalism.  In other words, to get an exemption for your federal charter or to guarantee you have your charter maintained, you have to stay friendly with the party in power.  We saw the same thing with ACA where Obama’s biggest supporters received exemptions to various new labor rules.

Warren’s new socialist measure to control businesses gets a failing grade

Trump is implementing what Obama failed to do with his new Buy America push.  Trump is planning on using an executive order to create rules to ensure that federal agencies use American made goods and services for their projects.  There are questions about the legality of the executive order and sure to be legal challenges.  There are also issues of increased costs to the taxpayers if the government has to buy more expensive American goods.

Obama tried and failed to pass a buy American provision in 2009 and again in 2011.  He backed off of the provision in 2009 after American companies who sell overseas swayed him away from the influence of the US labor unions with fears of foreign retaliation.  When Obama flopped back to supporting Buy American, the Jobs Act of 2011 was squashed by the GOP.

Our opinion?  It was wrong when Obama tried it, it’s wrong now.  Free trade produces lower prices for consumers and taxpayers, and competition helps American producers to be efficient.  A better way to help American producers is to cut taxes and regulation so that they can compete on the high end of the global scale.  But Trump is doubly wrong by doing this as an executive order rather than through Congress.  Many Democrats support Buy American provisions.  Labor unions love it.  By going it alone, Trump will alienate conservative and free market GOP members, but I doubt he’ll receive any recognition from the left.  Democrats also supported protectionist tariffs, until Trump did it.  All around this is poor strategy and contrary to free market principles.

Trump to accomplish Obama agenda item with Buy American executive order

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Need to Know 8/4/18

CNN has stepped up it’s nasty rhetoric towards American voters.  Jim Acosta, who was verbally assaulted by elderly Trump supporters at a rally, said things about those voters he would never say about Antifa crowds throwing urine and rocks at police officers.  David Gergen stated that if something happens to someone in the media the blood will be on Trump’s hands.  That’s interesting, I suppose he’s sort of admitting that Steve Scalise’s blood is on CNN’s hands.  It took until August 17, 2018 before a mainstream media outlet would actually call out Antifa as a violent group, even though they constantly physically confronted media members at their mob rallies.

Jim Acosta still crying about being insulted at a Trump rally

Speaking of media “whipping up violence”, the NYT’s new editorial board member Sarah Jeong had quite the opinion about cops.  In addition to calling for killing all men, Jeong also said equality and fairness would require homeless people to be able to murder cops with no repercussions.  In fact, Jeong didn’t just fantasize about violence against cops, but actually called for it on a couple occasions too.  I wonder if Jim Acosta has ever met Sarah Jeong?  I wonder if that would change his thoughts about how it’s conservative media ginning up violence because they occasionally use the phrase “fake news”?

New York Times editorial board member calls for killing all men and violence against cops

Another liberal judge, DC District Court Judge John Bates, has ruled that Obama’s DACA executive order cannot be repealed.  While he granted the administration time to come up with alternatives, this sets a very dangerous precedent.  The idea that executive orders could be made the eternal law of the land through judicial fiat removes the constitutional form of government that the United States was built on.  People who are afraid of Trump being a tyrant or dictator should have more fear of the precedent set here.  What protects us from tyranny is laws being written in Congress.  If Congress doesn’t want to replace the DACA executive order with a real law, the courts cannot just step in and make the DACA executive order the irreversible law of the land.   Both sides of the aisle should be upset about this ruling.  Or at least anyone who opposes tyranny and supports our constitutional form of government.