One of the fundamental assumptions used by the Ideological Left is that the use of the Volcker Rule is useful to the Ideological Left.
Very few other Intellectual Economists can boast of a more inclusive circular reasoning economic policy rule.
Economist, and award-winning, Intellectual Paul Volker’s “Rule” can be simplified and defined as follows:
“The systematic Federal Over-Regulation of a private financial entity in order to stimulate financial failure until a financial failure threshold is exceeded that insures that the financial debt of that private entity exceeds what can be recovered in a court-managed bankruptcy.”
The Volker Rule can also be applied to all USA Governments, Local, County, State and Federal, for the primary purpose of increasing Regulations, fines. taxes, and fear of additional future Government oppression, of course.
Thus, an expanded definition of The Volcker Rule is as follows:
“The Federally Over-Regulated stimulation of financial debt owned by private businesses, as well as Local, State, and Federal Government programs and other spending centers, (commonly called “Bureaus”), until the financial debt of said private or Govewrnment entity exceeds what can be recovered in a court-managed bankruptcy.”
Abolition of the Volcker Rule would remove The Left’s Ideological support of all known, Marxist Re-distribution of Wealth Ponzi Schemes, commonly promoted by the Left as “Safety Nets,” including the following on this partial list:
* Social Security Administration Programs
* Disability payments
* Unemployment payments
* Medicare
* Medicaid
* Obamacare
* Aid to Dependent Children
* Rent subsidies
* Hospital Emergency Room Payments
* School Lunch Program
* Food Stamp Program
* Federal Aid to Education
* Federal Housing Loan Guarantees
* Federal Highway Funding
* Federal election funding.
Obama and his enabling, VERY gullible, Doormat Republicans, especially Boehner and Cantor, have proven beyond a smidgen of a doubt that the 102 year old Federal Re-distribution Welfare Entitlement State must be ABOLISHED in order to financially save our Republic.
It is time, - - - time for a change in 2014.
Hey Eric “Richard Head” Holder — America wan’t broke before you got it — Stop trying to “fix it” until it is.
The Obamanation formula for the successful financial “Fundamental Transformation of the United States of America” can be defined, in part, as follows:
Mc + Vf = Sg
Where:
* Mc = Marxist Communism, defined by Englishman Intellectual Karl Marx as: “FROM EACH ACCORDING TO HIS ABILITY, TO EACH ACCORDING TO HIS NEED.”
* Vf = Volker Failure threshold of permanent financial failure as defined by Economist Intellectual Paul Volker: “The Federally Regulated stimulation of financial debt, Private, State, or Federal, until that financial debt exceeds what can be recovered in a court-managed bankruptcy.”
* Sg = Single Government, which is the system were everybody must pay a single Government entity, historically it has been an oppressive Dictator.
With over FOUR years of consistent refusal by Doormat Republicans, such as Boehner and Cantor, to enforce the Constitutional House Checks and Balances, Obama could not have asked for more gullible and unpatriotic enablers than Speaker Boehner and House majority Leader Cantor.
FORWARD TOWARD THE BOTTOM !
Given the 2 articles you just posted, is it possible that CNSnews is a satire site? These just can’t be real! Oh, wait, we have “transformed America” to something I don’t recognize...
I’m so confused....
I can’t go on. Each article becomes more and more frighting.
Welcome to the Peoples’ Republic of Amerika (aka Eric With-Holder’s New America), Comrade!
Eric Holder is irrational.
Yup, the highest criminal officers and gangsters which currently run DC are perfectly good for USA.
Wish I knew how many and which Republicans voted to confirm this asshat.
The New America that no one recalls voting for will be characterized by one thing: No Americans.
The Racist from Barbados is talking about an America which is overwhelmingly non-White, which is his ultimate goal.
The fact that it will be a third world corruptocracy run by despots like himself is not obvious to him, but he could care less anyway. The main goal will be realized....Get Rid of Whitey.
Certainly not irrational but it is fear. The America that is emerging is terrifying, one of violent crime, illegals running wild, massive unemployment, drug abuse, out of control welfare all leading to the complete dumbing down of our society. To top it off, liberal leaders like Holder not following the rule of law for votes.
If you’re one of the Select groups that stand to benefit from this remodeling effort, of course you favor it.
But if you’re not lucky enough to be in Holder’s Chosen, then you are justifiably afraid of his vision for America. It’s not irrational to fear the steady erosion of rights you were vouchsafed at birth.
Funny how he left out the descriptors loathe and detest! maybe the they have a very good reason seeing as how the socialists in charge want to destroy America.
Embrace the police state Plebe.
I know not enough Americans rationally fear it.
Irrational?
Given history, and human nature, it’s all too rational.
“who irrationally fear the new America that is emerging”
This pretty well sums it up.
We do not have an “irrational fear.” What we have is a grave concern regarding the tyranny, corruption, and collapse of morality in this emerging “new America.” There is nothing good, beautiful, or truthful in this emerging “new America.”
The fruits of this emerging “new America” is seen very clearly by just looking at Eric Holder. He epitomizes all that is in this emerging “new America.” And we don’t want anything to do with him or this ugly creation of “new America.”