applegrove
applegrove's JournalThat is a good reason for Democrats to say they softened
their criticism of Biden's age: he was reversing trickle down.
Biden Becomes Litmus Test for 2028 Contenders
Biden Becomes Litmus Test for 2028 Contenders
May 16, 2025 at 5:55 am EDT By Taegan Goddard 33 Comments
https://politicalwire.com/2025/05/16/biden-becomes-litmus-teat-for-2028-contenders/
Politico: Joe Biden may have cost Democrats the White House in 2024. Their inability to admit it, some Democrats fear, could hobble them in 2028.
As a fresh reckoning in the party unfolds around the former presidents mental acuity, potential presidential contenders have mostly dodged questions about his condition while in office. Theyve also sidestepped whether the party should have more forcefully called on him to abandon his reelection bid earlier.
Playbook: On some basic level, this is about credibility and authenticity. Bidens decline while in office was apparent to most voters; the public was upfront from very early on in the 2024 cycle with their doubts about his age and acuity. And so the ability to acknowledge what is plain in most voters eyes risks becoming a basic test of candor and honesty.
Tech bro CEOs and others feel persecuted because they lead such
https://bsky.app/profile/cwebbonline.com/post/3lp2t6ezye22chuge corporations and want every issue brought to them. Used to be before computers there was a slow pace of regulatory, civil rights, taxes, labor cases, and international laws governments have brought forth. Now the CEOs handle it all and hate to be touched by any regulation. And then they develop prsd (post regulatory stress disorder). Then they become radicalized and turn MAGA. It is not that the regulatory environment has become burdensome. It is that CEOs lead bigger corporations with bigger footprints than ever before. Every industry is becoming monopolized or oligarchized. Big means more chances to run afoul across our planet. Big is warping their minds. And so, as I read the other day, they set out to destroy nation states and build a world led only by techbro network.
~ applegrove
Also with private equity and hedge funds in the rental and
home market, rent and house costs have gone way up. Also student loans. Young people can't start building a life and it hurts. Young people are in max financial anxiety. Financial anxiety makes people think not with reason but with passion. And they then vote that way...... cultural issues instead of for the party that want to grow unions. There is regression analysis that says this is true. Was a GOP plan (I think) that flipped working class, rural people to Republicanism going back to Reagan. Now they are flipping young men.
"States Rights" allows the Confederate movement to continue
in a way the word "slavery" would not encourage a continued Confederacy. It worked.
Unfortunately Canadian young adults voted for Conservatives for
the same reason. Fortunately there were enough older people and Quebecers to give the Liberals a win in our recent election.
When people suffer financial anxiety they stop voting with reason
and start voting with passion. The working class and middle class were put into financial anxiety by 45 years of Reaganism and young people were put in it by high rents and expensive mortgages and student loans. Was a movement conservative plan and worked like a charm.
There is regression analysis that says financial anxiety results in passion vs. reason thinking.
Yeah. Like there is too much money chasing too few
opportunities as it stands. That's why there are stock buybacks. That money to the wealthy goes to rich people who put it into private equity or hedge funds. They in turn go into industries, try and create monopoly power and raise prices for that industry. Look at real estate or rental units. It used to be that market was about the tenants and renters needs. Now rent is so high people take much longer to get a down payment on their first house together, if they can even afford it. So the market is gummed up and overpriced. Look at the gouging in pharmaceuticals. And on and on. If all giving rich people more money is just going to result more warped sectors of the economy why would you be pushing for tax cuts for the rich or getting rid of income tax (Trump has mused about that and that is what is behind increasing tariffs policy of the White House). I mean the education system used to give a good education and pay middle class salaries. Now charter schools are ****, the jobs pay **** but the rich profit on it and can indoctrinate the next generation. What industry is to be warped next so that it no longer purrs along creating middle class?
The stock market is often overvalued these day. Bonds are passe.
Why there have been so many stock buy backs in the last decade. Hedge funds and private equity have cannibalize the rental and real estate market to make 8% profits for their rich investors, profits they cannot make in bonds or the stock market. Unfortunately the housing market no longer is about regular profit. Rents have gone up so much, due to private equity and hedge funds, people who are young can no longer afford a down payment on a house. So they keep renting. And private equity and hedge funds have renovated rental units so they can charge more. So the rent prices go up. So the person at the bottom is homeless. It is all messed up. That is how they extract money from the poor and middle class like a bunch of pyrannas in a frenzy. That is what it means to have a billionaire expansion. They ruin markets with their productivity and efficiencies and excess money. If the rich get tax cuts renewed or income tax is done away with their will be even more oligarch money chasing so few opportunities they will destroy more than the housing market. And the political system. They will invade more than Panama. The billionaires have already created a tsunami of destruction everywhere. It will just get worse.
I wonder if the pharmaceutical companies don't
want cancer therapies like mRNA vaccines studied because they don't want a cure. They want people to go through 10 years of hell and then die because they make money on the current meds that way. IMHO
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