David Friedberg Explains The Slow Spiral of Socialism
“Government programs create an anchor. They are a shackle.”
“This is the spiral of socialism.”
“The government programs that are meant to provide support to people require an increase in taxation. That revenue has to come from somewhere.”
“That taxation ultimately leads to an attrition of economic value in that region.”
“Then you have to increase taxation more, and you end up in the spiral.”
“And we're seeing this now, not just in New York where Mamdani’s proposing to increase taxes, but across the entire West Coast.”
“We talked about the 5% billionaire tax. So yes, that's a problem for rich people. Great. No one gives a sh*t about us.”
“But where does this go?”
“In the proposed billionaire tax, it actually gives power and authority to the California State Legislature that they can actually redo this wealth tax at a different level and a different rate in the future.”
“Think about what that does. It now gives property seizure rights to the California State Legislature to set a value level, so anyone now that's got over $100M net worth, and then it becomes over $10M, and then anyone with $1M net worth, and the state can take 5% of your assets every year.”
“Very quickly it becomes the process by which socialism and the socialization of assets that get seized by the government is realized.”
“Once you're hooked on the government for some sort of benefit, it's very hard to unhook yourself.”
“And it definitionally becomes a spiral. That's what leads to socialism.”
“And we have seen it time and again. It's not a big revolution. Socialism emerges slowly.”
“Gavin Newsom yesterday on stage at DealBook, talked about redistributing wealth. Ro Khanna is talking about redistributing wealth.”
“This is becoming the Democrat party line, and they're going to end up trying to seize this moment to take these socialist principles.”
If the election outcome is as I expected, it should cause the large minority of the country who supported @KamalaHarris and predicted her victory to begin to question their sources of truth.
Half the country has believed that @X is filled with mis- and disinformation, and that they could only therefore rely on The NY Times, MSNBC, CNN and other mainstream media for their news. And they did.
If, however, you have been active on @X for the last year, you have known the truth days, weeks and often months before the facts appear in the MSM.
The MSM excerpted, clipped and cut to defame @realDonaldTrump while claiming that @JoeBiden was fit as a fiddle. Then when Biden’s polls collapsed, @KamalaHarris was anointed the candidate and her hagiography was written with glowing acclaim from the press. But this could not hold as she ducked the media and held fast to the teleprompter.
Citizen journalists with their phone cameras in hand captured the real Kamala forcing her to defend her record and her plans in more media appearances. It did not go well and the public demanded to learn more so @KamalaHarris had to risk more unscripted media.
The doom loop was underway with perhaps 60 Minutes as one of the more dramatic examples, even after CBS tried to save her, most glaringly by excerpting one answer to replace a word salad response to another. But the citizen journalists on @X quickly caught and outed this fraud and demanded a transcript.
As many who supported Kamala began to realize that they have been misled, they became open to Trump as an alternative, but they didn’t want to rely on the media to understand him because they did not want to be misled again.
They wanted to hear the candidate in his own words and that is where @lexfridman and @joeroganhq long form podcasts came to the rescue. When Kamala was offered the same opportunities to explain herself, she rejected them. And the voting public could only draw a negative inference.
When the story of this election is written, I expect it will be as much about how half of America woke up to the reality that they have been manipulated by the media. This should lead to an abandonment by many of the MSM as their primary source of information. It will push more people to @X, to podcasts and other empirical sources, and it will lead to a more informed public.
The other outcome I hope happens is the implosion of the Democratic Party. The Party lied to the American people about the cognitive health and fitness of the president. It prevented, threatened, litigated and otherwise eliminated the ability of other candidates for the primary to compete, to get on ballots, and to even participate in a debate. The Party and the administration used lawfare in an attempt to imprison, bankrupt or otherwise kill off Trump as a candidate. These acts are collectively grave threats to our democracy. With the highest irony in order to hide these acts, the Party accused the opposition candidate of being the grave threat to democracy.
The Democratic Party proved itself to be fundamentally undemocratic. It needs a complete reboot. The leadership should be thrown out and those responsible should apologize to the American people.
Honest Abe said it best:
You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.
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