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Elizabeth Warren’s Financial Berlin Wall
Wall Street Journal ^ | October 22, 2019 | Kevin D. Williamson

Posted on 10/22/2019 7:52:43 AM PDT by karpov

...

Warren’s proposal would see the federal government expropriating 40 percent of the wealth of any American who decided to emigrate, provided that American has enough money to make it worth worrying about. And that number is not as high as you might expect: The current law ensnares those whose average income in the five-year period before renunciation was $162,000 or more, meaning that there are a lot of high-school principals who would need Washington’s permission to split.

It is difficult to accept the proposition that in a free society the freedoms enjoyed do not include the freedom to leave. The right of exit is the great discipliner of social, romantic, and business relationships, and it is essential to the relationship between citizen and state, too: Ask all our of new neighbors lately arrived from Venezuela. They did not come to Houston for the weather.

Walls have ideological purposes. The infamous one in Berlin was, officially, the Antifaschistischer Schutzwall, the “anti-fascist protection wall.” Senator Warren’s wall is, in theory, about “inequality.” But that is really hardly plausible as a rationale. “Inequality” simply refers to the financial distance between x and y, and reducing that inequality would be as effectively achieved by improving incomes and savings at the lower end rather as by reducing incomes and diminishing savings elsewhere. But that’s a rather trickier proposition than sticking a gun in somebody’s face and saying, “Hand it over.” Which is, of course, what Elizabeth Warren proposes to do.

For what? Some trivial sum in federal tax revenue? No — for the joy of it. For the pleasure of exercising power. For vindictiveness. Elizabeth Warren’s Berlin Wall will not make one poor person in the United States any better off. It might make Elizabeth Warren better off, but she’s far from poor.

(Excerpt) Read more at nationalreview.com ...


TOPICS: Business/Economy; Editorial; Politics/Elections
KEYWORDS: democrats; theft; warren

1 posted on 10/22/2019 7:52:43 AM PDT by karpov
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To: SaveFerris

Hillary Flammond: “My Uncle was born in America.”

Nick Rivers: “Oh, Really?”

Hillary Flammond: “But he was one of the lucky ones, he managed to escape in a balloon during the Jimmy Carter Presidency.”


2 posted on 10/22/2019 7:55:57 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: karpov

I wonder what the author thinks about tariffs?

What about entrepreneurs who’d rather not invest their own countrymen but just move to another land (or outsource)?

It’s a different issue I know, but I’d like to know what he thinks.


3 posted on 10/22/2019 8:02:56 AM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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To: karpov

In a Warren presidency, the wall Trump is building probably would be used to keep us in, as chattel slaves to work for her supporters.


4 posted on 10/22/2019 8:05:39 AM PDT by wbarmy (I chose to be a sheepdog once I saw what happens to the sheep.)
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To: karpov
For what? Some trivial sum in federal tax revenue? No — for the joy of it.

The joy stems from the Left's craving for power and control over people. Its all they really care about.

We want freedom. They want control. There is no reconciling this difference between us.

5 posted on 10/22/2019 8:12:26 AM PDT by Starboard
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To: dfwgator

Lol!


6 posted on 10/22/2019 8:12:51 AM PDT by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: Bishop_Malachi
Williamson is a libertarian who opposes tariffs.

Regarding your question about the entrepreneur who wishes to have the benefits of living in a First World society while helping to drive its wages down to Third World levels, he or she ought to be free to move his or her sorry, parasitic ass overseas.

7 posted on 10/22/2019 8:59:04 AM PDT by pierrem15 ("Massacrez-les, car le seigneur connait les siens")
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To: karpov
".... It is difficult to accept the proposition that in a free society the freedoms enjoyed do not include the freedom to leave...."

If Warren or any of the other democRATS get elected, America will no longer be a free country.

They all want to control the population and need to confiscate their incomes and wealth in order to pay for their elite lifestyles and the bureaucracies needed to corral the citizens.

Make no mistake about it, the democRAT Socialists have no intention of allowing people to do what they want to do.

They will be forced to do what the government mandates them to do.

8 posted on 10/22/2019 9:33:26 AM PDT by HotHunt (Been there. Done that.)
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To: karpov

Maybe we should do this on the INCOMING side too! If you are here illegally you must turn over 40% of ALL YOUR POSSESSIONS to fund your asylum case costs. And a special excise tax of 20% of your income for your entire life goes into a national lottery.


9 posted on 10/22/2019 11:56:55 AM PDT by LRoggy (Peter's Son's Business)
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To: dfwgator

Best line in the movie, other than meeting the French Resistance.


10 posted on 10/22/2019 2:14:21 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; 2ndDivisionVet; azishot; ...

hysterical!!!!


11 posted on 10/22/2019 5:53:08 PM PDT by bitt
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To: SaveFerris

this is what libs like to concentrate on:

https://www.washingtonexaminer.com/opinion/massachusetts-leftists-want-to-throw-you-in-jail-for-saying-bitch


12 posted on 10/22/2019 6:15:45 PM PDT by bitt
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To: Bishop_Malachi
What about entrepreneurs who’d rather not invest their own countrymen but just move to another land (or outsource)?

What about entrepreneurs who need basic materials and finished goods to make their products, but discover that thanks to unions and Leftist regulations those materials and goods are no longer produced in the United States?

What about entrepreneurs who are able to make their entire product line in the United States, but who discover that Asian competitors have slightly inferior versions already on US store shelves at approximately one quarter the price they can be produced for domestically?

What about entrepreneurs who can only produce certain products economically overseas (unless they hire illegals), but who know that by doing so they can still create many jobs for Americans involving sales and distribution of their products?

1982 is long gone. There was a time when the decision was about "investing in one's own countrymen" - but today's entrepreneurs had many of those options permanently taken away from them by the BigCorp/BigGov coalition, long ago. It is to their credit that so many are still in the battle and fighting, even if Democrats have strangled many of the Acme Widget Companies that they once might have used to manufacture products right down the road.

13 posted on 10/22/2019 6:19:43 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: bitt
***hysterical!!!***

Didn't Warren major in hysterical in college? ...or was it history? ;)

Most of the big $$$$$ Dem donors look at a Warren presidency and decide to spend 2020 on the Côte d'Azur... decrepit phone lines... intermittent cell service... postal service by pelican.

14 posted on 10/22/2019 7:18:31 PM PDT by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: karpov
It is difficult to accept the proposition that in a free society the freedoms enjoyed do not include the freedom to leave.

The common hallmark of commie hellholes is difficulty in leaving... It goes from financial inconvenience, to financial disaster, to iron curtains and barb wire with guards. Warren’s getting a little ahead of herself...

15 posted on 10/22/2019 9:06:43 PM PDT by GOPJ (Elizabeth Warren IS Jussie Smollett - - Kevin D. Williamson - - https://i.imgur.com/rxRjNeD.jpg)
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To: dfwgator
Antifaschistischer Schutzwall- the “anti-fascist protection wall.”


16 posted on 10/23/2019 6:16:47 AM PDT by ptsal
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To: karpov

Nancy Pelosi’s mililtary junta wall


17 posted on 03/06/2021 6:47:38 AM PST by linMcHlp
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