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Pelosi Creates Panel to ‘Combat the Concentration of Wealth in America and Its Role in Triggering Economic Collapse’
Cybercast News Service ^ | December 30, 2020 | 1:09pm EST | CNSNews.com Staff

Posted on 12/31/2020 12:08:42 AM PST by Olog-hai

House Speaker Nancy Pelosi (D.-Calif.) announced today that she has created a new congressional committee—inspired by President Franklin D. Roosevelt—that is designed “to study and combat the concentration of wealth in America and its role in triggering economic collapse.”

“As House Speaker, I am proud to announce the creation of the new, bipartisan Select Committee on Economic Disparity and Fairness in Growth, which will be an essential force in Congressional Democrats’ action to combat the crisis of income and wealth disparity in America,” Pelosi said.

“It is molded after the mission of the Temporary National Economic Committee, founded by President Roosevelt and the Congress after the Great Depression to study and combat the concentration of wealth in America and its role in triggering economic collapse,” she said. […]

“The past several decades have shown with devastating clarity the marked imbalance between the financial fortunes of CEOs and workers. The reverence of those who amass profits by stagnating wages has seriously undermined the lives and livelihoods of many Americans, while slowing economic growth in our country. This year, the disturbing, dangerous trend of economic disparity has also been accelerated by the coronavirus economic crisis.” …

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


TOPICS: Business/Economy; Weird Stuff
KEYWORDS: anticapitalism; communism; fdr; pelosi
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1 posted on 12/31/2020 12:08:42 AM PST by Olog-hai
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To: Olog-hai

I think one of the best things for wage growth and job creation was Trump giving the finger to the Chinese.

Now dems will look in all the wrong places to find the reasons for the “disparity”


2 posted on 12/31/2020 12:13:47 AM PST by dp0622 (Tried a coup, a fake tax story, tramp slander, Russia nonsense, impeachment and a virus. They lost.)
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To: Olog-hai

This is LOL funny.

Nancy is married to a billionaire.

Her son sits on the boards of overseas companies right beside Hunter Biden.

Her nephew is the governor of California.


3 posted on 12/31/2020 12:14:20 AM PST by oldenuff35
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To: Olog-hai

So she will be sharing some of her ice cream?


4 posted on 12/31/2020 12:14:21 AM PST by Captain7seas
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To: Olog-hai

Crime families ruin America.

Pelosi
Biden
Clinton
Bush
McConnell
Cuomo
Dingell
etc.
etc.
etc.


5 posted on 12/31/2020 12:22:38 AM PST by PGalt (Past Peak Civilization?)
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To: Olog-hai

Oh, the irony...


6 posted on 12/31/2020 12:23:22 AM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: PGalt

https://www.youtube.com/watch?v=fPO76Jlnz6c


7 posted on 12/31/2020 12:26:55 AM PST by PGalt (Past Peak Civilization?)
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To: Olog-hai
I will forever make the case that the unequal distribution of wealth in this country isn't bad. It is a good thing...strike that...it is a great thing.

Because this country has always allowed, if not promoted the fundamental right for people to become fantastically rich, many people worked feverously to create new products, new businesses, new industries, even new economies. You can start out poor and end up rich, if you are smart enough, clever enough, industrious enough, and yes, lucky enough.

The worst thing you can do is put a damper on all of this by limiting the amount of wealth someone is allowed to accumulate. You may as well throw a wet blanket on the American dream.

8 posted on 12/31/2020 12:31:37 AM PST by fhayek
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To: Olog-hai

Awake yet America?


9 posted on 12/31/2020 12:34:09 AM PST by Pajamajan ( PRAY FOR OUR NATION. I will never be a peace slave in a new Socialist America.)
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To: Olog-hai; All

And here we are boys and girls Socialism/Communism/totalitarianism IN YOUR FACE!!!

And remember it is brought to you by the letter GOPe

And the group called the Uniparty.

Two faces, one mind. They are your Masters.


10 posted on 12/31/2020 12:39:32 AM PST by Swiffer_Ralf (Orig. Eureka_Lead)
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To: oldenuff35

Gruesome Newsom is not Pelosi’s nephew. Pelosi’s brother was his uncle by marriage until getting divorced in 1977.

Her son wasn’t doing what Hunter did...but there is this article from 2014, guessing nothing happened to Paul, Jr.

Yes, FancyNancy is loaded, in many ways, but of course would exclude herself from whatever lunacy would result from some asinine panel.

https://www.washingtontimes.com/news/2014/jul/17/company-co-founded-nancy-pelosis-son-charged-secur/


11 posted on 12/31/2020 12:45:16 AM PST by tina07 (In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85 )
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To: Olog-hai

Concentration of wealth == Bezos, Gates, Zuckerberg, and the Twitter Commie CEOs... all billionaires


12 posted on 12/31/2020 12:48:23 AM PST by a fool in paradise (Who built the cages, Joe?)
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To: tina07

Yes her son is on several overseas boards and so is John Kerry’s son.


13 posted on 12/31/2020 1:00:36 AM PST by oldenuff35
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To: oldenuff35

2016...

https://www.globenewswire.com/news-release/2016/07/08/854647/0/en/Oroplata-Resources-Inc-Announces-Paul-Pelosi-Jr-Appointed-to-Advisory-Board.html


14 posted on 12/31/2020 1:02:39 AM PST by tina07 (In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85 )
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To: Olog-hai

This is the “wealth redistribution” version of regulatory capture.

Guarantee that Pelosi “redistribution of wealth” will feature repeal of the state and local tax deduction cap, even more tax free silicon valley, hollywood and wall street stock options, carried interest, and “hollywood accounting”.

Oh, and higher minimum wage, and higher income and payroll taxes on small business owners.

Here’s an idea for the likes of Pelosi. Want to do something real about wealth inequality ?

Do like Putin.

For liberal millionaire politicians and their billionaire backers, take away all their money, and put them in jail !


15 posted on 12/31/2020 1:05:10 AM PST by Reverend Wright (Biden is like Robert Mueller: a senile frontman for radical left interests)
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To: oldenuff35

From 2020...(there is a difference, the Pelosi son has experience in what he does, he doesn’t sit on energy company boards like Hunter did in foreign countries.

https://apnews.com/press-release/globe-newswire/business-corporate-news-automobile-manufacturing-paul-pelosi-consumer-products-and-services-3c3360b25f8b89593ed113199630c777


16 posted on 12/31/2020 1:05:51 AM PST by tina07 (In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85 )
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To: oldenuff35

And lastly, John Kerry doesn’t have any sons. He has two daughters. His wife has sons but they are heirs to the Heinz fortune with no need to sit on foreign energy boards.


17 posted on 12/31/2020 1:08:50 AM PST by tina07 (In loving memory of my father,WWII Vet. CBI 10/16/42-12/17/45, d. 11/1/85 )
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To: Olog-hai
Window dressing. Gad, the hypocrisy of this creature has no limits at all. She's obviously all for concentration of wealth, as long as it's in her family's hands and those of her power clique.

It's a private club and we ain't ever gonna be in it.

18 posted on 12/31/2020 1:14:06 AM PST by Chad C. Mulligan
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To: Olog-hai

She’s on to something there. If there is no wealth in the United States, then the economy becomes immune to collapse.


19 posted on 12/31/2020 1:15:35 AM PST by DannyTN (i)
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To: tina07

“And lastly, John Kerry doesn’t have any sons. He has two daughters. His wife has sons but they are heirs to the Heinz fortune with no need to sit on foreign energy boards.”

Do you spread false statements all the time or just about democrats?

https://www.politifact.com/factchecks/2019/oct/10/facebook-posts/pelosi-romney-and-kerry-dont-have-sons-working-com/


20 posted on 12/31/2020 1:29:00 AM PST by oldenuff35
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