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Lowell Ponte, THE LEFT UNHINGED, HOW TO INVEST, WHEN POLITICS GOES SCHIZOPHRENIC, “Operation Choke Point”, politicians now seek the power to tax and regulate everything,Dr Bill Deagle MD AAEM ACAM A4M, NutriMedical Report Show, www.NutriMedical.com, www.ClayandIRON.com, www.Deagle-Network.com,NutriMedical Report Show,

 

THE LEFT UNHINGED

HOW TO INVEST

WHEN POLITICS GOES SCHIZOPHRENIC

Lowell Ponte offers money management strategies during times of crazy government   WND, March 17, 2019

URL: https://www.wnd.com/2019/03/how-to-invest-when-politics-goes-schizophrenic/

For most of America’s history, we have been governed by two political parties of one mind. Both Republicans and Democrats were mostly practical, centrist and pro-capitalist. Even liberals eager to tax business were careful not to kill the goose that laid the golden eggs of jobs and prosperity.

This was “the end of history” described in 1992 by political philosopher Francis Fukuyama. Capitalism, combined with an income floor for the poor maintained by a sizeable welfare state, would from then on be the advanced world’s permanent system of economics.

But with the 2018 election, this secure political environment for investors has changed. In our newly schizoid politics and economics, one of America’s two parties is now largely controlled by self-described socialists who hate the free market and want to destroy it.

History is again up for grabs in class warfare, and every future election will be Russian roulette, with the fate of American free enterprise hanging on whether capitalist or anti-capitalist politicians win. How long can our nation, divided against itself, continue to stand?

In recent days, for example, a socialist neophyte in Congress, Rep. Alexandria Ocasio-Cortez (D.-N.Y.), absurdly accused Wells Fargo CEO Timothy Sloan of being “involved” in caging illegal immigrant children and of funding a polluting oil pipeline. Days earlier, she had successfully intimidated JPMorgan Chase Bank into halting all funding of private for-profit prisons.

New York’s leftist Governor Andrew Cuomo recently threatened banks with both losing state business and being punished with government regulation if they did not make it impossible for their credit cards to purchase firearms or ammunition. New York City’s socialist Mayor Bill deBlasio threatened to expropriate landlord multi-million dollar buildings if they refused to go along with his demand that they redistribute their wealth to tenants.

President Barack Obama implemented “Operation Choke Point,” which threatened banks that refused to spy on or to cut off the bank credit of dozens of legal businesses, including firearms and ammunition sellers.

President Bill Clinton expanded the Democrats’ Community Reinvestment Act, using regulatory threats to intimidate banks into giving mortgages to millions who did not meet traditional creditworthiness standards. This monstrous Democrat-commanded wealth redistribution led to the 2008-2009 crash and loss of 39 percent of the average family’s total net worth. This frightened and infantilized Millennial children away from capitalism and investment risk.

The expanding spectacle reminds us of Karl Marx’s and Friedrich Engels’ “Communist Manifesto” and its 10 ways to destroy capitalism and the bourgeoisie, five of which are:

1  Abolition of property in land;

2  A heavy progressive or graduated income tax;

3  Abolition of all right of inheritance;

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