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Clinton Promises World Without Profits
Townhall.com ^ | September 25, 2014 | John Ransom

Posted on 09/25/2014 11:15:35 AM PDT by Kaslin

Democrats convened their real presidential convention for 2016 a bit early.

In NYC.

At the U.N.

In what is becoming a proxy for what the public believes is the Democrat National Committee, the media, world government organizations and activists who think that some small, few men should decide what every other man gets to have—or not have—met in public and private in New York City this week.

They harangued and proselytized, raised money and “awareness” in a purely show-business attempt to re-set the agenda off their failed policies.If only by sheer volume of their arguments, they have tried to convince America that the laws of mathematics, physics and insider trading just don’t apply to these select few.

Nor do any other laws.

Bill Clinton, for example, a guy well known for his equal treatment of women under a law defining the word “is”, promised that in the future, companies could ignore their very real legal obligations to the shareholders who provide them capital.

“In the future,” reports CNBC, “corporations will care less about maximizing profits and more about employees and society, President Bill Clinton told listeners on Tuesday.”

That sounds more like a warning to me than it does a speech.

"I think the government can have incentives that will encourage it, but I think by and large it will happen, if it does, because of proof that markets work better that way," Clinton told those who will likely write planks in their party platforms around the world.

Clinton here is giving the slow wink to socialism; a socialism that will be encouraged by government, because, you know, accidents can happen to companies who don’t go with the way things are.

"We're going to share inequality, misery and conflict, or we're going to share prosperity, responsibilities and a sense of community," Clinton said.

When you’re done laughing Coca Cola through your nose you may resume reading.

It’s bad enough that Democrats enact their silly social theories, but must they always insist that the torchbearer for the light of enlightened Democratism be a parody of the values they claim to espouse?

Robert Kennedy Jr., for example, was also in New York, and attending the Doppelganger of the DNC.

He supported Hillary Clinton against Barack Obama in 2008.

Like all the Kennedys-- a family that I used to admire—he is reluctant to give up his own privileged position in society, just like all hypocrites are, even while he lectures the rest of us about our responsibility to the “planet.”

Most of us don’t have trust funds worth $50 million, most of us don’t have a family compound on Hyannis Port, most of us don’t have the luxury of preaching about renewable energy standards while lobbying our powerful and rich friends against applying those standards to ourselves.

Capital markets can do many things if made to. But the only things they do really well are wealth creation... if they are allowed to. That’s why we have a large body of corporation law. It is there to protect wealth—that is shareholders. Shareholders, like Clinton and RKF Jr. are the inevitable fruits of labor. Even if in RFK Jr.’s case someone labored first to allow him the luxury of his own idleness.

How to split up the labor’s contribution to the creation of wealth has been the primary focus of the twin failed science of socialism and Marxism for the last 160 years.

Most countries that have tried either variety of social economics have rejected them and instead embraced free market principles.

Leave it to the Democrats, in this great hour of national despair, to propose a system that will fail to everyone but their leaders.


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS: billclinton; billclintonspeech; cronycapitalism; hypocrisy; robertfkennedyjr; socialism
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1 posted on 09/25/2014 11:15:35 AM PDT by Kaslin
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To: Kaslin

The only profits—and they will not be labeled as such—will accrue to the glorious leaders of the proletariat.


2 posted on 09/25/2014 11:16:38 AM PDT by Pearls Before Swine
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To: Kaslin

Where’s the profit in that?


3 posted on 09/25/2014 11:17:19 AM PDT by DannyTN
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To: Kaslin

Pinko In A Black Pantsuit


4 posted on 09/25/2014 11:19:01 AM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: Pearls Before Swine

Exactly. The ruling class and their pet elite supporters will take from everyone else to make themselves wealthy. Just like it has always been done throughout history.


5 posted on 09/25/2014 11:19:53 AM PDT by Blood of Tyrants (The cure has become worse than the disease. Support an end to the WOD now.)
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To: Kaslin
...world without profit...

...except , of course, for the ruling elite...

Oh, BTW, a world without profit is a world without incentive (cf. oppressed and poverty-ravaged China and Russia).

6 posted on 09/25/2014 11:20:03 AM PDT by PapaNew (The grace of God & freedom always win the debate over unjust law & government in the forum of ideas)
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To: Kaslin

I believe the Dems intend to rip-up all existing corporate charters and force corporations to sign new ones. These will give them a list of new priorities they must have, over and above maximizing shareholder value.


7 posted on 09/25/2014 11:20:46 AM PDT by Buckeye McFrog
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To: Kaslin

Try it, Hillary, you ignorant sl*t.

One year after Texas secedes, and all real businesses move there, Texas GNP will be an order of magnitude above the 49 remaining “Disunited States of the Wench”.


8 posted on 09/25/2014 11:21:24 AM PDT by Da Coyote
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To: Kaslin

And the money for new investment in plant and equipment is going to come from where? Oh, right, the gummint will tax us and dole it out to their cronies (kind of like what we have now, except more so.)


9 posted on 09/25/2014 11:21:35 AM PDT by Kenny500c
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To: Kaslin

I can’t decide which is the most hideous, Cankles Piaps or Web Hubbels love (ugh) child.


10 posted on 09/25/2014 11:21:37 AM PDT by the anti-mahdi
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To: Kaslin

FUHC!!!


11 posted on 09/25/2014 11:22:29 AM PDT by AngelesCrestHighway
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To: BenLurkin

Kind of ironic for a family criminal enterprise that went from being broke upon leaving the white house to sitting on a family foundation worth over $100 million today. They got theirs, they’re just protecting it now...


12 posted on 09/25/2014 11:22:56 AM PDT by Delta Dawn (Fluent in two languages: English and cursive.)
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To: Kaslin

Everyone starves.


13 posted on 09/25/2014 11:23:09 AM PDT by <1/1,000,000th%
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To: Kaslin

…the same day Bubba takes vows of poverty, chastity and obedience.


14 posted on 09/25/2014 11:27:06 AM PDT by RichInOC (An erect Bill Clinton has no conscience.)
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To: Kaslin

but every cent of the Clinton money is Profit


15 posted on 09/25/2014 11:28:09 AM PDT by molson209 (Blank)
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To: Kaslin

When it comes to profit, he’s a non-prophet.


16 posted on 09/25/2014 11:29:16 AM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: Buckeye McFrog

Sign over all patents and processes in exchange for a gift certificate or else.


17 posted on 09/25/2014 11:32:02 AM PDT by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: Kaslin

living hand to mouth stops you from buying a house ,car or even clothes


18 posted on 09/25/2014 11:34:31 AM PDT by molson209 (Blank)
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To: Kaslin

Soviet Communism, here and now! It worked so well the last time!


19 posted on 09/25/2014 11:35:31 AM PDT by henkster (Do I really need a sarcasm tag?)
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To: wally_bert
Sign over all patents and processes in exchange for a gift certificate or else.

The last time a Clinton was in the White House, they did that in exchange for Chinese campaign contributions.

20 posted on 09/25/2014 11:36:52 AM PDT by henkster (Do I really need a sarcasm tag?)
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