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Assault on America, Day 447: Don’t let elites use coronavirus as the means to ruin America

Liz Warren Senate Standoff
Who’s on first? We’re not talking about Abbot & Costello here. Or you could just as easily ask, what came first, the chicken or the egg?

These are questions folks might ask as our elected leaders bicker over who should receive help the fastest in the wake of the coronavirus panic -- and how much to send them. The political class’s answer to everything seems to be to throw open the doors of the U.S. treasury and honor each request/demand of those concerned about work stoppages and forced sequesters. Commerce hasn’t yet come to a complete stop but every day brings new reports of closures and expanded forecasts of doom and gloom. And there’s no end in sight.

Naturally, Republicans and Democrats differ on which group or groups should receive the expedited assistance ahead of others. Massachusetts Senator (and former 2020 Democrat presidential candidate) Elizabeth “Pocahontas” Warren argued the other day that “workers” needed the first cut of government pie… and more, too. Warren wrote in The U.S.A. Today, “As Congress responds to the coronavirus emergency, the financial security of workers and their families should be our first priority. That means making sure that any federal bailout of giant corporations directly helps their employees, fuels a grassroots recovery and ensures that those big companies make serious, long-term reforms that reduce the odds they’re back before taxpayers again looking for another bailout.

“But the Trump administration’s current proposals — and the one released by Senate Republicans this week — are sorely inadequate because they contain none of these protections for workers and taxpayers. All they require are vague limits — not elimination, but merely ‘limits’ — on airline executives’ pay increases. These proposals appear to be yet another no-strings-attached bailout for failed CEOs and simply aren’t enough to meet the moment...

“The millions of families who will be affected by the coronavirus crisis cannot afford for Congress to only provide relief for big banks and their executives. We must insist that any bailout legislation contain basic guarantees to ensure that workers and working families get the help they need.”

That “Pocahontas,” she’s such a kidder, isn’t she? In her piece, Warren included a short list of “conditions” upon which any relief money would be advanced to America’s hated corporations, such as to, “Provide a $15 an hour minimum wage,” and, “Provide at least one seat to workers on their board of directors — or more if they take bigger bailouts,” and, “Leave collective bargaining agreements with workers in place.” In other words, toss out the management structure of every large company and allow her and her political cohorts to come in and dictate the terms of their businesses from this day forward.

To state it more plainly, Liz is saying, “We have money to help you but you’re gonna have to bow, beg and crawl for it, and then we’re running the show from there on out. And you’ll not only redistribute your equity, you’ll transfer your power too!”

In essence it’s a basic restatement of her losing campaign platform. I can’t say for sure, but if you went back and watched every Democrat presidential debate from the 2020 cycle, you’d see “Pocahontas” -- and every other party candidate -- basically arguing the same things all along. Like this economic catastrophe spurred on by a Chinese virus and media-inspired and fanned panic grants them sufficient license to engineer government takeover of everything. Sad as it is to say, these businesses DO need help and Uncle Sam is probably the only means with enough credit (and the ability to print LOTS of money) to provide it.

And that leaves nimrods like Warren and “Chucky” Schumer and Nancy Pelosi in powerful positions to make demands and sprinkle money on their interest groups without sound logic or verifiable data to back up their extortion. Imagine you’re a corporate leader and up until a month or so ago your business was traveling along swimmingly, your employees were paid handsomely, your profits were up and your stockholders were happy.

A great many companies were having difficulty filling openings with qualified applicants. By necessity wages were increasing to keep the workers they already had and to attract other good prospects for expansion.

Then the COVID-19 panic hit and business tanked and now the government-dominates-everything political elites swoop in and demand you trash time-tested practices in favor of turning over all decision-making power to them and their bought-and-paid-for labor union hacks. Yes, it’s truly happened that fast. It’s not like these industries -- like the hospitality sector and the airlines -- begged for mass cancellations and people to stay home and not go anywhere.

Managers and stockholders didn’t cause the panic, even if they did previously execute stock buybacks or other measures that truly rankle the socialism-loving political ruling elites. Unlike with the economic collapse of 2008, these companies are blameless here. No one -- except for maybe Warren and company and a few million uninformed and clueless Democrat voters -- was honked off about what was going on before the coronavirus pandemic.

What makes Warren think she can justify making demands now that the world economy collapsed?

At the same time, far be it from me to admit, but Warren makes some (a smidgen of) sense here. American workers are the ones perhaps suffering the most from the economic blackout forced by the coronavirus. But this may not even be true (that workers are suffering more than others) and it begs the question, if there were no businesses, would there be any workers? Who’s on first? What came first, the chicken or the egg? Doesn’t anyone bear responsibility for not establishing their own personal “rainy day” funds for such contingencies?

If this ain’t a “rainy day,” I’m not sure what would qualify.

Not to be a negative Nancy on all of this, but economists and smart people with pens in their shirt pockets have been predicting something like a massive economic slowdown at some point -- meaning hard times would come and good, hard-working citizens would find themselves without sufficient savings to deal with it. Anyone who’s read the headlines knows the U.S. savings rate is abysmally low, with an extremely high percentage of folks living paycheck to paycheck every week.

A “live for the day” attitude has dominated our culture for decades with the older, wiser generations warning younger people to put more of their paychecks aside to save and invest rather than splurge for the latest iPhone or a $5 cup of coffee at Starbucks every day. As time went on, mortality rates robbed the country of people who lived through the Great Depression, those who had first-hand knowledge of what it’s like to try and earn a wage when there aren’t any jobs to be found.

My grandfather (dad’s dad) once said he was so broke in the 1930’s that he couldn’t afford a “pot to (you-know-what) in.” He moved his young family from the Midwest to California with the hope of finding better prospects in their new locale and to make a living on the rapidly growing west coast. During World War II, Grandpa commuted seven days a week from the San Fernando Valley to the Long Beach shipyards (an hour and a half each way) to work on the Liberty Ships that would help defeat fascism on two continents.

My grandparents -- and my parents along with them -- understood what it was like to not know where their next dollar would come from. They didn’t have federal programs that guaranteed minimum sustenance to everyone back then (like we do now). And yet they made it. My mom’s dad was a small business owner in a small town his whole life and worked seven days a week from dawn to dusk during the depression and World War II to keep his enterprise alive amidst shortages and government mandated rationing.

This isn’t saying the government should do nothing to combat the current economic crisis. There appears to be a role for the federal authorities to help people pay their obligations incurred during better times. To do otherwise would effectively punish them for betting on a brighter future. People couldn’t have anticipated that China would spawn a virus that makes lots of people sick, allow it to spread all over the world and then not take responsibility for it.

The world shouldn’t come to an end because of a panic. As has been stated numerous times, this COVID-19 infection appears to be only a fraction as lethal as other past pandemic viruses and plagues, which certainly includes the run-of-the-mill yearly influenza outbreaks. Needless to say there will be a lot of soul searching when this is all over to determine where we go from here.

In the meantime, it’s no reason to allow “Pocahontas,” Joe Biden, Bernie Sanders, “Chucky” and Nancy to dictate changes in companies that were doing just fine earlier this year.

There’s one other aspect to ponder here. Americans can be assured that our enemies and would-be enemies are taking particularly keen notice of how our political class and public are reacting to this crisis. If it wasn’t clear before, the best way to defeat America isn’t by hurling missiles with nuclear warheads at us or launching invasions into our territories.

No, the only way to beat America is to crush our spirit and destroy the things that made us the greatest nation in the history of the world, namely our emphasis on individual creativity, freedom and liberties guaranteed by the Constitution.

Abraham Lincoln said it best in his Lyceum (1838) address: “From whence shall we expect the approach of danger? Shall some trans-Atlantic military giant step the earth and crush us at a blow? Never. All the armies of Europe and Asia...could not by force take a drink from the Ohio River or make a track on the Blue Ridge in the trial of a thousand years. No, if destruction be our lot we must ourselves be its author and finisher. As a nation of free men we will live forever or die by suicide.”

If raiding the treasury and sending people checks will help in times like these, it should be done. But don’t trash the whole system because “Pocahontas” feels it’s necessary. She couldn’t even win her party’s nomination with her outlandish “plans” and crackpot ideas. Why should she call the shots now?

The elites have been disgraced. Why should we trust them? Kurt Schlichter wrote at Townhall, “Our elite is full of self-important morons who contribute nothing but more dumb in a time when the only thing we have a surplus of is dumb. The real hero is the guy who trucks in a load of whole wheat bread, ribeyes, and low-priced cabernet to the Trader Joe’s, not the Prius-piloting sissy with a Maddow fetish who shops there. The people our elite laughed at, scoffed at, poked at, are the very people who are going to rescue us from the mess that same elite helped make.

“This is when the basics count. Can you build something? Can you do something? And, as our idiot urban overlords insist on releasing criminals because THE FLU!, can you defend something?”

All legitimate questions. These days everyone is wondering the same things and there aren’t many obvious answers, other than perhaps to take Schlichter’s advice and not consent to the elites’ (like Warren and company) hoarding too much control. President Trump has drawn praise -- and criticism -- for his nod to federalism amidst crisis, empowering governors (like in California and New York) to take the lead in devising means to battle the coronavirus.

Hence, governing authority has remained local to the largest extent practicable… where it should be. Trump has similarly resisted calls to take over everything because people are terrified of getting sick.

There is no simple solution to the dilemma of who should be helped first in the battle against COVID-19. Many need aid and there’s only so much to go around. We should resist the ruling class’s drive to deprive us of our liberties, while being especially vigilant to preserve what made America great in the first place.

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