Tag: green new deal

WATCH: Awesome Footage of Trump Fans Crashing de Blasio’s Green New Deal Rally

Trump supporters crashed New York City Mayor Bill de Blasio’s Green New Deal rally today at Trump Tower, carrying signs stating “Worst Mayor Ever” and “Trump 2020.”

Footage of the event shows Trump fans riding down the escalator behind the podium holding their signs as de Blasio addressed the crowd.

The NYC mayor recently unveiled his Green New Deal plan which seeks to cut carbon emissions by 30 percent by 2030.

Speaking at an Earth Day press conference in April, the mayor also said he would introduce legislation banning “classic glass and steel skyscrapers.”

“We are going to introduce legislation to ban the classic glass and steel skyscrapers that have contributed so much to global warming,” de Blasio said. “They have no place in our city or our Earth anymore.”

0% of Economists Agree with AOC’s Idea to Fund Green New Deal

It’s no secret that Alexandria Ocasio-Cortez’s desired economic policies would cost more money than there is physical currency currently in circulation, and far eclipses our current national debt. Her proposed Green New Deal would cost at least $93 trillion according to a report from the American Action Forum – $36 trillion for universal healthcare, up to $44.6 trillion for guaranteed union jobs with wages high enough to support a family, $5.4 trillion to transition to a “low carbon electricity grid,” $1.3-$2.7 trillion for a net zero emissions transportation system, $1.6-4.2 trillion for guaranteed green housing, and $6.8-$44.6 trillion for a guaranteed job program.

Summary 2020-2029
Goal Est. Cost Est. Cost Per Household
Low-carbon Electricity Grid $5.4 trillion $39,000
Net Zero Emissions Transportation System (Rail) $1.3-2.7 trillion $9,000-20,000
Federal Jobs Guarantee $6.8-44.6 trillion $49,000-322,000
Universal Health Care $36 trillion $260,000
Guaranteed Green Housing $1.6-4.2 trillion $12,000-30,000
Food Security $1.5 billion $10

Her food security plan will only cost $10 per household, so there’s that, I guess.

When it comes to paying for her programs, while she’s floated the idea of taxing top income earners at 70% (which would bring in only enough money to fund the federal government for less than a week at current levels of spending), she has another idea, simply printing money. Admittedly, this was once also my idea to pay for the government back when I was in the fifth grade.

In an interview with Business Insider, Ocasio endorsed Modern Monetary Theory (MMT), an economic theory that deficits don’t matter since money can also be printed to pay off that debt. Because the government can print at will, not only do deficits not matter according to MTT, the only purpose of maintaining a level of taxation relative to government spending is simply to regulate inflation and unemployment. While not noted by advocates of MMT, I imagine ignoring the existence of countries like Zimbabwe and Venezuela is required to adhere to the theory.

She [Cortez] said she was open to Modern Monetary Theory, a burgeoning theory among some economists positing that the federal debt is not an economic restraint for the US. She said the idea, which holds that the government doesn’t need to balance the budget and that budget surpluses actually hurt the economy, “absolutely” needed to be “a larger part of our conversation.

So in her world, the deficit is only something we should be worrying about when it’s shrinking, apparently.

If it sounds bonkers, that’s because it is. The University of Chicago’s Booth School of Business’ IGM Poll asked a panel of top economists two questions about MMT; one regarding whether it’s true that countries shouldn’t have to worry about deficits because they can always print more money, and the second on whether or not money printing enables endless government spending.

Zero percent of economists agreed.

Some economists added their own commentary along with their responses:

  • Markus Brunnermeier, Princeton University; “See numerous historical examples: Germany in 1920s, Latin America, …”
  • Darrell Duffie, Stanford University; “The present value of debt issuances is equal to the present value of debt payments. So, borrowing more now means paying more later.”
  • Aaron Edlin, U.C. Berkeley; “Less worry is not the same as no worry.”
  • Ray Flair, Yale University; “Surely inflation might be a problem.”
  • Austan Goolsbee, University of Chicago, “‘Always’ makes an ass out of you and me.”
  • Robert Hall, Stanford University; “Governments cannot create money under current monetary institutions, because the central bank keeps reserves and currency at par.”
  • Oliver Hart, Harvard University; “This kind of behavior can quickly lead to inflation or even hyperinflation once the economy is close to full capacity.”
  • Kenneth Judd, Stanford University; “A government may be able to do this once but doing this systematically will make it impossible to sell bonds in the future.”
  • Steven Kaplan, University of Chicago; “At some point it becomes untenable and the country becomes Venezuela or Zimbabwe.”
  • Eric Maskin, Harvard University; “Printing money causes its own problems, e.g., the risk of inflation.”
  • William Nordhaus, Yale University; “Obviously, they should worry.”
  • Larry Samuelson, Yale University; “Deficits can be financed by creating money, but still have disadvantages as well as advantages that should be carefully considered.”
  • Robert Shimer, University of Chicago; “The real value of the money supply is bounded above. At some point, this must create inflation.”

Aside from economists Cortez may have met at a Pink Floyd concert, there is no mainstream support for this idea of hers.

Ep. 940 The Official Story Cannot Be True


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In this episode I address the explosive new revelations in the Peter Strzok testimony that indicate that the FBI’s official story cannot be true. I also address a significant problem with the Green New Deal that will impact your home value. Finally, I address the growing influence of Chinese-Americans in GOP politics and the controversy surround a new pro-life movie.

News Picks:

Eco-Warrior AOC Spent Thousands on Gas-Guzzling Transportation During Campaign

Congresswoman Alexandria Ocasio-Cortez spent thousands of dollars on gas-guzzling transportation during her campaign, despite her office being a one-minute walk from the subway.

Ocasio-Cortez has repeatedly sounded the alarm on the so-called dangers of climate change, even warning that the world would end in 12 years if the country does not address climate issues.

Her Green New Deal plan promises “a full transition off fossil fuels and zero greenhouse gases” within 10 years and seeks to make air travel “unnecessary.”

**LISTEN: Dan discusses the collapse of the “collusion” narrative after Michael Cohen’s testimony**

The New York Post reports that since she declared her candidacy in May of 2017, AOC’s campaign spent $29,365.70 on gas-guzzling transportation–despite the campaign office being 138 feet from the 7 train.

The Post writes, She listed 1,049 transactions for Uber, Lyft, Juno and other car services, federal filings show. The campaign had 505 Uber expenses alone….The campaign shelled out only $8,335.41 on 52 MetroCard transactions….”

And despite her calls to eliminate air travel within 10 years, AOC’s campaign had no problem spending $25,174.54 on flights.

As a comparison, the Post writes that AOC’s New York colleague, Rep. Max Rose, listed only 329 transactions for car services, totaling $6,091.28. This–despite his district being more than twice the size of Ocasio-Cortez’s.

For the full report, click HERE.

Poll: Majority of Americans Prefer Border Wall Over Green New Deal

More Americans would rather have a wall along the southern border than the radical, Green New Deal.

Breitbart reports that a Remington Research Group poll has found that 51 percent of Americans would rather have a border wall, while 31 percent say they would prefer the Green New Deal.

The poll found that Independents would prefer a border wall to The Green New Deal by a 2-1 margin, and Republicans preferred the wall by a 68-point margin.

President of Remington Research Group, Titus Bond believes Democrats face an uphill battle getting mainstream voters on board with the Green New Deal.

LISTEN: Dan breaks down the disastrous Michael Cohen hearing on Capitol Hill. 

“The Green New Deal has presented an interesting situation for Democrats. Democratic voters support this legislation, while the rest of the country overwhelmingly opposes it,” he said. “It will be intriguing to watch Democratic leaders and presidential hopefuls navigate this issue with their base while still appealing to mainstream voters.”

The Green New Deal proposal promises that “all people of the United States” would be provided with healthcare, adequate housing and “economic security.” It would also provide higher education “to all people” in the country. It also guarantees “a job with a family-sustaining wage, adequate family and medical leave, paid vacations, and retirement security to all people of the United States.”

A recent study has found that the Green New Deal would cost the United States between $51 and 93 trillion dollars.

The Free Beacon reports:

“The American Action Forum calculated guaranteed green housing would cost between $1.6 trillion and $4.2 trillion; a federal jobs guarantee between $6.8 trillion and $44.6 trillion; a net zero emissions transportation system between $1.3 trillion and $2.7 trillion; a low-carbon electricity grid for $5.4 trillion; and “food security” for $1.5 billion.

Enough high-speed rail “to make air travel unnecessary,” would cost roughly $1.1 to $2.5 trillion. Universal Health Care, or a Medicare-for-all type plan, would cost $36 trillion over 10 years, totaling $260,000 per household in the United States.”

Ep. 925 Troubling New Revelations About this Miscarriage of Justice

In this episode I address the troubling new revelations regarding the extent the DOJ went to in order to hide the Clinton corruption. I also address the real reason that the Democrats are putting Michael Cohen behind closed doors. Finally, I address a series of liberal lies about “Medicare for all.”

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