Two wandering idiots: Schumer and "I'm a socialist" Bernie Sanders are teaming up on a bill to restrict company's ability to buy back their own stock. It will require companies to offer a $15 minimum wage to employees, employee healthcare, and an employee pension plan among other things. They also want to restrict company's ability to offer shareholders dividends. This is what communism in it's infancy looks like.

Of course it has no chance in hell of getting thru the Senate, but be aware, this is A WARNING SHOT OF THINGS TO COME.

Democrats = socialists = communists.


RMD

Why do Democrats hate business SO MUCH? And why do they do nothing but try to strangle it every goddamn chance they get?

Do they not understand that our country runs on BUSINESS?

Can’t figure out the need to have a border wall,

can’t figure out how to balance a budget, but within 24hrs, have figured out how to swindle away your money.
I hate politicians, at least career carpetbaggers!!

Link?

And the question that never gets asked about such bills is this. Government derives its power/authority to govern through the Constitution. Where specifically in the Constitution does it provide government with the power/authority to do any of the things noted in this bill?

My understanding is that in ancient times, when nation states fought and acquired other nation states, one of the first things they did was remove the heads of the acquired state's senators (politicians). There's a lesson in there somewhere...

Socialism is a religion to many people.
Once one accepts the tenets of a religion, then facts, rational thinking, and anything else that conflicts with those tenets are dismissed from consideration lest one be accused of heresy. And the older people get the less willing they are to examine their own beliefs. As one of my signature lines puts a quotation by Leo Tolstoy,

“Most men … can seldom accept the simplest and most obvious truth if it … would oblige them to admit the falsity of conclusions … which they have woven, thread by thread, into the fabrics of their lives.”

(None of that is intended to insult other religionists because that has worked for countless people throughout the history of the human species; it’s just the way people are. It’s important when trying to determine what drives socialists, however, to understand that the thought processes are exactly the same. In fact, I believe that the reason so many atheists [but not all of us] are leftists and socialists or unabashed Communists is because they too are looking for a faith system that doesn’t require much thought beyond the acceptance of a few basic beliefs.)

quote:

Originally posted by sigfreund:
Socialism is a religion to many people.

Ok, then let's recognize it as a formal religion with all the rest...and then remind its adherents that there is a separation of church (religion) and state in our government.

No dividends? then why buy the stock? Then where does the companies get the funding to expand their companies?

these two are idiots. Sanders in his entire career has never done a thing. Take a look at the legislation he sponsored. None.

I'd like to add that stock buy back plans probably benefit the employees also as they are more than likely also stock holders because of ESOP plans.

quote:

Originally posted by rscalzo:
Sanders in his entire career has never done a thing. Take a look at the legislation he sponsored. None.

That may not be such a bad thing!

quote:

Originally posted by 1967Goat:

quote:

Originally posted by rscalzo:
Sanders in his entire career has never done a thing. Take a look at the legislation he sponsored. None.

That may not be such a bad thing!

I couldn't agree more. Whenever someone says we have a "do-nothing Congress", I applaud.

Specifically, a lot of it was the 16th amendment. Since the government can tax anything it wants, however it wants, for whatever amount it wants, in a lot of ways, it can do whatever it wants. Some more has come from overly broad interpretation of the Interstate Commerce Clause.

Face it, the constitution has been Gumbied. It can be twisted to allow Congress give the federal government pretty any power it wants. And since Congress buys the states off with payments derived from federal tax money, they're not going to challenge the feds.

quote:

Originally posted by bigdeal:
And the question that never gets asked about such bills is this. Government derives its power/authority to govern through the Constitution. Where specifically in the Constitution does it provide government with the power/authority to do any of the things noted in this bill?

My understanding is that in ancient times, when nation states fought and acquired other nation states, one of the first things they did was remove the heads of the acquired state's senators (politicians). There's a lesson in there somewhere...

quote:

Originally posted by 1967Goat:

quote:

Originally posted by rscalzo:
Sanders in his entire career has never done a thing. Take a look at the legislation he sponsored. None.

That may not be such a bad thing!

Yes, why would we complain about that?
It’s like the people who were desperate to say something bad about the Obamanation and would bitch about the amount of time he spent on the golf course. My wish was that he spent every effin’ day there to minimize the harm he would do to the nation.

quote:

Originally posted by BBMW:
Specifically, a lot of it was the 16th amendment. Since the government can tax anything it wants, however it wants, for whatever amount it wants, in a lot of ways, it can do whatever it wants. Some more has come from overly broad interpretation of the Interstate Commerce Clause.

Face it, the constitution has been Gumbied. It can be twisted to allow Congress give the federal government pretty any power it wants. And since Congress buys the states off with payments derived from federal tax money, they're not going to challenge the feds.

quote:

Originally posted by bigdeal:
And the question that never gets asked about such bills is this. Government derives its power/authority to govern through the Constitution. Where specifically in the Constitution does it provide government with the power/authority to do any of the things noted in this bill?

My understanding is that in ancient times, when nation states fought and acquired other nation states, one of the first things they did was remove the heads of the acquired state's senators (politicians). There's a lesson in there somewhere...

The 16th amendment doesn't provide the government any authority to require healthcare for the employees of private companies, or pensions, or I would even argue, a designated wage. Stock buy backs and payment of dividends? No way. The government has bullied its way through this in the past without any designated authority, and we the people haven't strung them up from a lamp pole (which we should have). And although the Commerce Clause has been so bastardized over the years by ever corrupt politician to infest Washington such that it means virtually nothing anymore, I still don't believe it gives government any authority to medal in the way this bill does.

Unfortunately we have a growing majority of the population who no longer care about holding government in check, so long as they get what they want.

quote:

Originally posted by rscalzo:
No dividends? then why buy the stock? Then where does the companies get the funding to expand their companies?

Exactly. These morons must have missed Accounting 101.

you are assuming that hard core socialists have even the most fundamental knowledge of the workings of capitalism

in this case, they can't even spell capitalism

as for Bernie, fuck him...he's a nobody trying to pretend like he has something relevant to offer

quote:

This is what communism in it's infancy looks like.

Yeah... but infancy is not too late for an after-birth abortion...

And Wall Street will shower money on these guys and fill their campaign coffers....hoping they will get eaten last.

quote:

Originally posted by PASig:
Why do Democrats hate business SO MUCH? And why do they do nothing but try to strangle it every goddamn chance they get?

Do they not understand that our country runs on BUSINESS?

Destroying businesses results in more unemployed people. Unemployed people tend to vote for leftist Democrats. Leftists want power and control above all else.

They understand perfectly.

Pretty simple really.