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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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To: Olog-hai

She going to investigate herself?


21 posted on 12/31/2020 1:42:16 AM PST by yldstrk (Bingo! We have a winner!)
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To: Olog-hai

So she is going to support the removal of 230 protection to her oligarch friends?


22 posted on 12/31/2020 1:59:00 AM PST by AZJeep (https://www.youtube.com/watch?v=O0AHQkryIIs)
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To: Olog-hai

Nan should look into her own accounts first..


23 posted on 12/31/2020 2:02:53 AM PST by Darksheare (Those who support liberal "Republicans" summarily support every action by same. )
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To: Olog-hai
The greatest and most direct cause of the concentration of wealth in the US is the Federal Tax Code.

The US tax code is full of special carve out and special favors to corporations and even individuals.

After that is the Code of Regulations which is written to prevent individuals from competing with big corporations.

24 posted on 12/31/2020 2:19:13 AM PST by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: oldenuff35

Hey Noob, I have been on FR a hell of a lot longer than you have and I’m not a liar. Just stating facts rather than resorting to stupid lies like a democrat would do.

You can pretend Kerry has a son that he doesn’t if you like or that Pelosi’s brother, Paul, is still married to Newsom’s aunt even though he isn’t (there is no blood between Pelosi & Newsom) and you can pretend her son is on overseas foreign energy (or whatever kind) of boards but he isn’t.

FYI, the one article I posted was from the Washington Times, a conservative paper. Another was from GloveNewswire which doesn’t look affiliated to either party...but you go ahead and think it all came from a politifact facebook post, but it didn’t.

And furthermore...BUZZ OFF!


25 posted on 12/31/2020 2:20:03 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: tina07

*GlobeNewswire*...not glove.


26 posted on 12/31/2020 2:23:04 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

They gonna investigate her?

>$100k on flowers/year

Her jewels

Her alcohol bill

Her use of public funds for private purposes

??


27 posted on 12/31/2020 2:30:02 AM PST by combat_boots (Hi God bless Israel and all who protect and defend her. Merry Christmas! In God We Trust! )
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To: Olog-hai

If she ever bent over in front of me I could not resist a foot plant.Thank goodness she is in Washington and I am many thousands of miles away from the wretch.


28 posted on 12/31/2020 2:32:48 AM PST by Candor7 ((Obama Fascism:http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html) )
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To: tina07
Actually, Paul Pelosi does sit on Burisma type boards in foreign conuntries
29 posted on 12/31/2020 2:48:29 AM PST by rdcbn1
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To: Olog-hai

https://www.congress.gov/bill/102nd-congress/house-concurrent-resolution/353
H.Con.Res.353 - Expressing the sense of the Congress that the United States should assume a strong leadership role in implementing the decisions made at the Earth Summit by developing a national strategy to implement Agenda 21 and other Earth summit agreements through domestic policy and foreign policy, by cooperating with all countries to identify and initiate further agreements to protect the global environment, and by supporting and participating in a high-level United Nations Sustainable Development Commission.
Sponsor:Rep. Pelosi, Nancy [D-CA-5] (Introduced 08/05/1992)Committees:House - Foreign Affairs | Senate - Foreign RelationsLatest Action:Senate - 10/08/1992 Referred to the Committee on Foreign Relations. (All Actions)


30 posted on 12/31/2020 2:53:26 AM PST by Haddit
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To: Olog-hai

Anti-dog-eat-dog Rule


31 posted on 12/31/2020 2:55:43 AM PST by SheepWhisperer (My enemy saw me on my knees, head bowed and thought they had won until I rose up and said Amen!)
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To: Haddit

The Delta Smelt
https://www.americanthinker.com/articles/2009/10/endangering_people_to_protect.html
October 15, 2009
Endangering People to Protect Fish
By Janet Levy
California, the nation’s largest producer of fruits, nuts, vegetables, livestock and dairy products, ranks fifth in the world as a supplier of food and agricultural commodities. Cash receipts totaled more than $36.6 billion in 2007. By comparison, Coca Cola’s 2008 revenue was $32 billion.

The state provides more than half of the nation’s fruits, nuts and vegetables using more than 25% of California’s landmass for agricultural production. The Central Valley accounts for more than half of that area. A paragon of conservation and modern irrigation technology, California agriculture - comprised of many small and family-owned and operated farms - is almost completely dependent on irrigation for its water needs.

Water in the Central Valley shifted from farming toward fish in 1992, when U.S. Congressman George Miller (D-Martinez), a close associate and advisor to the current speaker of the house, Nancy Pelosi, co-authored the Central Valley Project Improvement Act (CVPIA). Coincidentally, two of Miller’s former chiefs of staff, John Lawrence and Dan Beard, now serve in Nancy Pelosi’s office.

The CVPIA reduced water for Central Valley farming from 3.5 million acre-feet to 2 million acre-feet annually, a 43% reduction and allocated it for wildlife habitats. The U.S. Fish & Wildlife Service (FWS) now had authority to control the water supply by diverting water from farmers to fish and wildlife habitats. As a result, Central Valley farmers got less water at higher prices. Using the Endangered Species Act to buttress and justify its actions, FWS grossly expanded federal control of California resources, unilaterally deciding who got how much water in the state. FWS studies and decisions were made without any independent oversight and verification from the scientific community at large.
Snip
Limiting food production is an ideal way to undermine a nation’s food supply and usher in public control of a nation’s wealth. Food can then be sold at “fair” prices set by the government according to standardized health and environmental standards. Healthy free market competition that encourages product diversity and innovation is thus replaced by a government system of equitable distribution. That restrictive water policies ensuring greater control of property usage and the food supply coincided with the launching of the Gorbachev Foundation’s American presence is cause for grave concern.


32 posted on 12/31/2020 3:14:21 AM PST by Haddit
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To: oldenuff35

Point understood, but Newsom is not her nephew.


33 posted on 12/31/2020 3:25:30 AM PST by EEGator
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To: Olog-hai

The concentration of wealth is in Congress. I don’t think she wants to go there.


34 posted on 12/31/2020 3:27:22 AM PST by Old Yeller (Joe McCarthy was right.)
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To: Haddit

I’ve heard of the Delta Smelt. You smelt it, you delt it.


35 posted on 12/31/2020 3:30:52 AM PST by Old Yeller (Joe McCarthy was right.)
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To: Olog-hai

No doubt the likes of Fluckerberg and Bill Gates will be on the panel to give their opinion.


36 posted on 12/31/2020 3:35:47 AM PST by DAC21 (S)
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To: Olog-hai

The devaluing of work has had a negative impact on consumer confidence, job creation and economic growth.

Gee Nancy, ever think that is the fault of the welfare state?


37 posted on 12/31/2020 3:37:25 AM PST by EBH (Repent, Accept, Proclaim )
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To: Reverend Wright

The higher taxes on employers with the increased minimum wage is often ignored; for taxes like Social Security, they pay more with the employer half while involuntarily funding the increased contributions of the employees as well.

The last dozen years have been a war on the American middle class; it is rapidly being wiped out.


38 posted on 12/31/2020 3:43:36 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: fhayek

39 posted on 12/31/2020 4:18:29 AM PST by 4Liberty (How does a kids car-donation nonprofit pay for so MANY radio ads if it's a charity?)
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To: Pajamajan

We are in the “ perfect union” ?


40 posted on 12/31/2020 4:22:58 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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