Page 1 of 2 12 LastLast
Results 1 to 10 of 15
Thanks Tree19Thanks

Thread: Donald Trump, Enemy Of Free Markets

  1. #1
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    36,208
    Thanks
    31888

    From
    Colorado

    Donald Trump, Enemy Of Free Markets

    Donald Trump is waging war on free markets in the energy sector. His brilliant plan, a perfect example of the kind of hare-brained centralized economic planning we used to see right out of the Kremlin in the 'glory' days of the sickly Soviet economy, is to force American consumers to pay higher energy prices, in order to subsidize and forcibly keep open, failing coal-fired power plants that would otherwise be going out of business:

    https://www.theblaze.com/news/2018/0...r-power-plants

    Here is an interesting quote: "Unprecedented government intervention in the energy markets to support high-cost generation will hurt consumers by taking more money out of their pockets rather than letting them keep more of what they earn," said Todd Snitchler of the American Petroleum Institute, the top lobbying group of the oil and gas industry. [So it is not just the renewable energy industry that finds this kind of support for the failing coal industry to be stupid policy!]

    Forcing American taxpayers to bailout uneconomical power plants is an assault on free market principles, if there ever was one!

    The Wall Street Journal had a few more details in the Saturday edition. Malcolm Woolf oversees policy at Advanced Energy Economy, a trade group representing business consumers. He said: "The Administration's plan to federalize the electric power system is an exercise in crony capitalism taken solely for the benefit of a bankrupt power-plant owner and its coal supplier." Mr. Trump received millions of dollars in campaign contributions from coal company executives.


    And, of course, with his even more consequential tariff policies, Donald Trump is on an even larger scale, an enemy of economic freedom more generally.

  2. #2
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    36,208
    Thanks
    31888

    From
    Colorado
    One hundred people have now viewed this thread, and yet not a single supporter of Donald Trump has chosen to even attempt a defense of his assault on free markets.

    Isn't that interesting?

    WHERE oh WHERE are the Republicans here? WHY have the Republicans abandoned the free market principles that their party so long adhered to? Have they ALL converted to Trumpism, to no principle deeper than loyalty to this one deeply misguided and corrupt man, Donald J. Trump?

    What has happened to the Grand Old Party of Lincoln, Teddy Roosevelt, Dwight D. Eisenhower, and Ronald Reagan?

    They are all turning over in their graves!
    Thanks from Dittohead not! and labrea

  3. #3
    Southern Strategy Liberal OldGaffer's Avatar
    Joined
    Jul 2013
    Posts
    42,592
    Thanks
    45037

    From
    Nashville, TN
    They think you are peddling fake news.....

  4. #4
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    36,208
    Thanks
    31888

    From
    Colorado
    Quote Originally Posted by OldGaffer View Post
    They think you are peddling fake news.....
    Nah. If they did, they would at least stop by and accuse me of doing so. This was in The Wall Street Journal and all the major daily newspapers, including The Denver Post that I get out here, so I'm guessing a lot of them read about it in their OWN local or regional papers...….

  5. #5
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    36,208
    Thanks
    31888

    From
    Colorado
    No supporter of Donald Trump has yet stepped up to attempt a defense of this assault on free market principles.

    Isn't that interesting?
    Thanks from BigBob and Friday13

  6. #6
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    36,208
    Thanks
    31888

    From
    Colorado
    Quote Originally Posted by BigLeRoy View Post
    No supporter of Donald Trump has yet stepped up to attempt a defense of this assault on free market principles.

    Isn't that interesting?
    Still no takers. Fascinating.
    Thanks from Hollywood and BigBob

  7. #7
    Veteran Member
    Joined
    Feb 2011
    Posts
    15,448
    Thanks
    4149

    From
    Boise, ID
    Quote Originally Posted by BigLeRoy View Post
    Still no takers. Fascinating.
    I've viewed the thread a couple times and agree it's fascinating. I've remarked repeatedly on how interesting it was that Trump stole some cliff notes and talking points from labor unions and clobbered Hillary over the head with them, particularly on trade. He also brought in Steven Bannon, eccentric economic nationalist, to steer his campaign. These were signs he was no typical free-market champion, by any stretch of the imagination. Turns out free markets aren't interesting to most people one way or another. Conservatives just reference it as a reason to opposite government and Democrats. Most don't actually care about it beyond that.

    And I think a lot of people out there view the panicking and freaking out by the political establishment and power elite as little more than a sign that Trump must be doing good work somehow or another.
    Last edited by Neomalthusian; 22nd July 2018 at 06:49 AM.
    Thanks from BigBob and BigLeRoy

  8. #8
    Veteran Member
    Joined
    Sep 2013
    Posts
    35,997
    Thanks
    28614

    From
    On a hill
    Quote Originally Posted by BigLeRoy View Post
    One hundred people have now viewed this thread, and yet not a single supporter of Donald Trump has chosen to even attempt a defense of his assault on free markets.

    Isn't that interesting?

    WHERE oh WHERE are the Republicans here? WHY have the Republicans abandoned the free market principles that their party so long adhered to? Have they ALL converted to Trumpism, to no principle deeper than loyalty to this one deeply misguided and corrupt man, Donald J. Trump?

    What has happened to the Grand Old Party of Lincoln, Teddy Roosevelt, Dwight D. Eisenhower, and Ronald Reagan?

    They are all turning over in their graves!
    They're waiting for instructions.
    Thanks from BigBob and BigLeRoy

  9. #9
    Master political analyst Dittohead not!'s Avatar
    Joined
    Feb 2011
    Posts
    13,161
    Thanks
    7245

    From
    The formerly great golden state
    Trump is not really a conservative. He just plays one on TV. How else do you explain subsidizing failing businesses, imposing high taxes in the form of tariffs, waging trade wars?
    Thanks from BigBob and BigLeRoy

  10. #10
    #walkaway orangecat's Avatar
    Joined
    Apr 2018
    Posts
    3,051
    Thanks
    612

    From
    oregon
    Trump could certainly be better on some fronts. As reagan said “Thanks for the half loaf; I’ll be back next year for the other half.”
    The accomplishments thus far have totally validated my vote.

Page 1 of 2 12 LastLast

Similar Threads

  1. Donald Trump, Enemy Of Science
    By BigLeRoy in forum Current Events
    Replies: 26
    Last Post: 20th September 2016, 08:11 AM
  2. Trump is the enemy of free speech
    By heirtothewind in forum Political Discussion
    Replies: 2
    Last Post: 12th March 2016, 02:24 PM
  3. Replies: 18
    Last Post: 20th May 2014, 03:34 AM
  4. Crimes against people: Government vs Free Markets
    By NonPartisanCapitalist in forum Political Discussion
    Replies: 38
    Last Post: 26th September 2012, 02:02 PM
  5. Free Markets Bring Economic Security
    By lakeman in forum Political Discussion
    Replies: 35
    Last Post: 14th March 2008, 03:41 AM

Tags for this Thread


Facebook Twitter RSS Feed