economic justiceNeoliberalismpolitical economywage stagnation

John Birch-Neoliberal Political Policies Ascend Under Trump

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Most average investors don’t know about the political philosophy of neoliberalism, but they would recognize its main ideas since they now hear them everyday out of Washington.

Charles Koch, founding member of the John Birch Society

Since it re-emerged after World War II, neoliberalism (the 20th century resurgence of 19th century ideas associated with laissez-faire economic liberalism), the political philosophy immediately attracted the attention of the right-wing in the U.S., including the John Birch Society. And one of its main benefactors was Charles Koch, who was one of the 11 founders of the John Birch Society.  The Koch family is well documented as financial opportunists. Their father, David, did oil refinery construction business with Hitler and Stalin.  After all, a dollar is a dollar.

As cited in the book Dark Money, by Jane Mayer (Doubleday, 2016), the Birchers were not only anti-communist, but anti-government.  By the 1970s, David Koch and his brother, Charles,  founded the Center for Libertarian Studies in New York and wrote a paper on how a fringe movement could use secrecy to gain power.  Koch also neglected to say it would also be very well funded.

All this culminated publicly in 1980 when David Koch ran as the vice president of the Libertarian Party on a terrifying platform that should be mandatory reading for all Republicans in 2016.  If they have anything in common with this 1980 Koch-Libertarian Platform, the nation is in dire straits.

Here are just a few excerpts of the Libertarian Party platform that David Koch ran on in 1980:

  • “We urge the repeal of federal campaign finance laws, and the immediate abolition of the despotic Federal Election Commission.”
  • “We favor the abolition of Medicare and Medicaid programs.”
  • “We oppose any compulsory insurance or tax-supported plan to provide health services, including those which finance abortion services.”
  • “We also favor the deregulation of the medical insurance industry.”
  • “We favor the repeal of the fraudulent, virtually bankrupt, and increasingly oppressive Social Security system. Pending that repeal, participation in Social Security should be made voluntary.”
  • “We propose the abolition of the governmental Postal Service. The present system, in addition to being inefficient, encourages governmental surveillance of private correspondence.  Pending abolition, we call for an end to the monopoly system and for allowing free competition in all aspects of postal service.”
  • “We oppose all personal and corporate income taxation, including capital gains taxes.”

Sound familiar?

It should.

It is now the official Republican platform of 2017 and has been since  Barak Obama was first elected in 2009.

Average Americans cannot say there were never warned about this government takeover.  Now, it is in broad daylight and it is even being televised. The worst is yet to come.

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Chuck Epstein

Chuck Epstein

Chuck Epstein has managed marketing communications and public relations departments for major global financial institutions and participated in the launch of industry-changing financial products. He also has written by-lined articles for over 50 publications, five books and served as editor and publisher of nation’s first newsletter on the topic of using the PC for personal investing and trading. (“Investing Online, 1994-1999). He also is a marketing consultant, writer and speaker on topics related to investor protection and opportunities in the very dynamic cannabis industry.

He has held senior-level marketing, PR and communications positions at the New York Futures Exchange, Chicago Mercantile Exchange, Lind-Waldock, Zacks Investment Research, Russell Investments and Principal Financial.

He has won national awards from the Mutual Fund Education Alliance (MFEA) and his web site, www.mutualfundreform.com, was named best small blog in 2009 by the Society of American Business Editors and Writers (SABEW).

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