Posted on 07/25/2021 3:56:52 AM PDT by gattaca
On this episode of The Federalist Radio Hour, Federalist Senior Editor Christopher Bedford joins Culture Editor Emily Jashinsky to discuss his article “Corporations Are Steamrolling Small Business, Buying Up Homes, And Crushing The Dream, But We Can Fight Back.”
Bedford explains how groups like BlackRock are barring more people out of buying homes and pushing more people towards renting.
“They’re going into places, thriving cities that have good schools and nice neighborhoods, and affordable housing in places like Phoenix or outside of Miami … to scoop up as many houses,” Bedford explained. “Those are exactly the houses that we want, part of the American Dream, young people, young families to be moving into. That’s completely within their grasp to have a job or maybe to get there and start a family and start building as opposed to just spending your money on disposable stuff. ”
Bedford argued the need to focus on tax and trade policies.
“Why corporations are treated better than partnerships and family businesses. Why capital is treated better than labor, our labor. Why Brazil and Canada are given preference to American ranchers. Why Chinese manufacturing is treated the same way we are. Why Facebook and Google can say we’re global companies, not American companies while benefiting from all of our order, all of our systems, all of our education,” he said.
“Why any other company can benefit from every single aspect of us and all of the trade and then move all over their manufacturing abroad, overseas, choose foreign slave labor, and then use our Navy to get those products shipped back safely on freights to sell to us at lower costs to buy welfare and food stamps,” he said.
Listen here:
If you work for any company or corporation, don’t have controversial opinions in social media. Reason #4 that Facebook is evil.
Corporations like BlackRock offer to buy houses in any condition, regardless of whether the owner is able to continue living there or not. Often, heirs receive a property that is run down, or obsolete in many ways, and rather than spend the time and effort to restore it to marketable condition, or occupy it themselves, they snap up the first offer of an all-cash buyout. There was a time when this was called “block-busting”, outsiders coming in and gaining a foothold in a neighborhood, then turning the property into a rental, where previously it had been owner-occupied, then run it like slumlords, destroying the original character of the neighborhood.
Eventually, the entire neighborhood becomes a rental slum, and as the properties become entirely uninhabitable, something of a ghost town, until it is razed to the ground and a vast development of new cheapened (but not necessarily cheap) apartment rentals then fills the old neighborhood. This is supposed to be “higher and better” use, and gets past the zoning boards that way.
But there is no individual ownership any more.
Wow, only on Free Republic is there a knee jerk defense of corporate gloBULLism. Just wow.
agenda 21
Agenda 21 has been updated to Agenda 2030... “you will own nothing and be happy”! They are so in control now they publish the plans for your future... ymmv
A few suggestions for large corporations:
1. Ban diversity as a hiring and promotion goal; and take down the diversity officers, leaving intact the laws against discrimination.
2. Ban political hiring decisions. Nobody gets fired merely for being a Republican.
3. Ban critical race theory training.
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