Articles from seekingalpha.com by Gary Gordon, retired stock-broker and prolific serial investment bullshit artist:
Joe Biden (to Rich Donors 18-Jun-2019)
Freedom To Vote Act: "To expand Americans’ access to the ballot box and reduce the influence of big money in politics, and for other purposes"
The "Freedom to Vote Act" is presented as a voting rights initiative to rollback evil state-level Republican voter discrimination laws, but in reality it's the other side of the two-pronged assault on third parties and diversity of candidate choice. The unspoken objective is to further duopoly lockdown using GOP gerrymandering and voter restrictions to escalate dozens of restrictions/stipulations on ballot access (candidate funding). The Act centralises campaign financing (including public funds) with big party committees, inevitably excluding challenges from within (e.g. Bernie Sanders).
Under H.R. 1, wealthy donors can effectively circumvent the candidate contribution limit by giving to the party committees directly and have them funnel up to $300 million forwarded candidates, effectively raising the amount big donors can contribute to a candidate to more than $115,000 in a year. H.R. 1 program would replace the 1:1 match in public funding with a 6:1 match, but simultaneously increase the minimum amount of donations (to get matched) by 500% to a minimum of $25,000 in each of 20 states. It would also increase the minimum number of contributions to reach it by 625%.
"Removing the general election public funding grant, H.R. 1 also eliminates the other existing opportunity for minor parties to benefit under the current public financing law, where any party that receives between 5% and 25% would get a pro-rated portion of the public funding in the next election that the major party candidates do. Greens and Libertarians have long argued that a vote for their candidates helps them to get to 5%. Raising the primary election matching funds threshold helps ensure only a limited number of anointed candidates qualify for it, to eliminate those pesky others who stay in primary race too long."
"The Act removes voters’ ability to fund 100% clean money and grassroots campaigns via matching funds, while increasing the role of big money in elections, and limiting voter choice to vote for other than major party candidates — the latter which itself is a de facto form of voter suppression, by removing a positive incentive for many voters to vote. Masters of lesser-of-evilism, Democrats have set up the Devil’s bargain in H.R. 1 — accept a further entrenched duopoly in exchange for your right to vote.
Adam Smith FRSA (5-Jun-1723 to 17-Jul-1790) was a British economist, philosopher, pioneer of political economy, and a key figure during the Scottish Enlightenment. Also known as ''The Father of Economics'' or ''The Father of Capitalism,'' Smith wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the Nature and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. In his work, Adam Smith introduced his theory of absolute advantage.
Friedrich August von Hayek (8-May-1899 to 23-Mar-1992) was a British-Austrian economist and philosopher who is best known for his defence of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize.
Gustavus Myers (20-Mar-1872 to 7-Dec-1942) was an American journalist and historian who published a series of highly critical and influential studies on the social costs of wealth accumulation. His name has been associated with the muckraking era of US literature, somewhat erroneously, since his work was not journalistic, did not aim at popular magazine publication, and took a scholarly, investigative and documentary approach to its subjects.
John Maynard Keynes, 1st Baron Keynes, (5-Jun-1883 to 21-Apr-1946) was an English economist, whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in mathematics, he built on and greatly refined earlier work on the causes of business cycles. One of the most influential economists of the 20th century, his ideas are the basis for the school of thought known as Keynesian economics, and its various offshoots.
Ludwig Heinrich Edler von Mises (29-Sept-1881 to 10-Oct-1973) was an Austrian School economist, historian, logician, and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is best known for his work on praxeology, a study of human choice and action. Mises emigrated from Austria to the United States in 1940. Since the mid-20th century, libertarian movements have been strongly influenced by Mises's writings. Mises' student Friedrich Hayek viewed Mises as one of the major figures in the revival of classical liberalism in the post-war era. Hayek's work "The Transmission of the Ideals of Freedom" (1951) pays high tribute to the influence of Mises in the 20th century libertarian movement.
Murray Newton Rothbard (2-Mar-1926 to 7-Jan-1995) was an American heterodox economist of the Austrian School, economic historian and political theorist. Rothbard was a founder and leading theoretician of anarcho-capitalism, a staunch advocate of historical revisionism and a central figure in the 20th-century American libertarian movement. He wrote over twenty books on political theory, history, economics, and other subjects.
Richard Wolff (born 1-Apr-1942) is an American Marxian economist, known for his work on economic methodology and class analysis. He is Professor Emeritus of Economics at the University of Massachusetts Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School in New York. See Richard D Wolff Wikipedia Entry.
Walter Bagehot (3-Feb-1826 to 24-Mar-1877) was a British journalist, businessman, and essayist, who wrote extensively about government, economics, literature and race. He is known for co-founding the National Review in 1855, and for his works The English Constitution and Lombard Street: A Description of the Money Market (1873).
Spoken in the House of Commons (18-Nov-1783). Based on the original lines in John Milton's Paradise Lost (Book IV, Line 393): "And with necessity, / The tyrant's plea, / excus'd his devilish deeds"
Whereas the philosophers of the 18th century would have agreed that communal violence comes to an end due to a social contract, Girard believes that, paradoxically, the problem of violence is frequently solved with a lesser dose of violence. When mimetic rivalries accumulate, tensions grow ever greater. But, that tension eventually reaches a paroxysm. When violence is at the point of threatening the existence of the community, very frequently a bizarre psychosocial mechanism arises: communal violence is all of the sudden projected upon a single individual. Thus, people that were formerly struggling, now unite efforts against someone chosen as a scapegoat. Former enemies now become friends, as they communally participate in the execution of violence against a specified enemy.
Girard calls this process scapegoating - an allusion to the ancient religious ritual where communal sins were metaphorically imposed upon a he-goat, and this beast was eventually abandoned in the desert, or sacrificed to the gods (in the Hebrew Bible, this is especially prescribed in Leviticus 16). The person that receives the communal violence is a ‘scapegoat’ in this sense: her death or expulsion is useful as a regeneration of communal peace and restoration of relationships.
However, Girard considers it crucial that this process be unconscious in order to work. The victim must never be recognized as an innocent scapegoat (indeed, Girard considers that, prior to the rise of Christianity, ‘innocent scapegoat’ was virtually an oxymoron; see section 4.b below); rather, the victim must be thought of as a monstrous creature that transgressed some prohibition and deserved to be punished. In such a manner, the community deceives itself into believing that the victim is the culprit of the communal crisis, and that the elimination of the victim will eventually restore peace.
It's important to separate the goals of a Conservative movement versus the tools used by Conservatives to get to those goals.
Some will say: "Conservatives at the very top, they're racist, they're anti black, they're anti semitic, they're white supremacists." And so their goal is an all white world. Voter suppression is not a goal, as such, but a tool they happen to be using, motivated by racism, to achieve the white supremacist goal. Likewise opposing a rise to minimum wage: motivated by racism, a tool to keep non-white Americans poor. "Everything in American Conservative ideology is motivated by racism."
Another camp will say: "We live in an oligarchy. The elites are driven to protect their financial interests. And since the dawn of America, race has been weaponized as an underclass signifier even when it's no longer the de jure basis for the nation's economic prosperity (i.e. slavery)." From this perspective, to protect and perpetuate elite power (and wealth), the American Conservatives opportunistically exploit factions along racial lines - along a whole range of ingroup-outgroup signifiers - even going so far as to create and teach lower class people to Balkanize themselves by perceiving an outgroup as an enemy threat. This opportunism is the tool of the enrichment goal and while white versus nonwhite details are conditioned into the plebs as all-important, the Conservative elites care about wealth and power, not race. Race exists - along with many other group profiles - to carve out an Untermensch to be exploited into precarity (without backlash) and to misdirect the rest of the lower classes so they serve as footsoldiers for the exploitation and don't noticing (or resist) the reality of their own exploitation; and who's responsible.