Picking up John Edwards extreme socialist rhetoric, Hillary is now pandering to the economically illiterate in a desperate attempt to stop the even more extreme Obama.
-“Today, I’m announcing an agenda to reign in the special interests and save the American people at least $55 billion a year,” Clinton said. “Money that can go back into your pockets. Money we can use to create new jobs, rebuild our infrastructure, make college affordable and so much more.”
Beyond the fact that this is shear nonsense, what does she mean by making college more affordable? Tuitions have risen 35% in the last five years. Far more than oil, drugs, insurance or anything else the villians are peddling. Is she going to reign in the Education Industry? No. Instead she'll subsidize them even more and drive up tuition even higher so they'll be able to indocrinate more good little socialists.
— “We’ll take on the oil companies and harness their record profits to create millions of clean energy jobs — high-wage jobs you can raise a family on. I’ll end their special tax breaks and give them a choice: invest some of your profits in alternative energy, or we’ll do it for you. People have been paying through the roof at the pump, and it’s time the companies paid their fair share.”
Hillary depends upon the fact that the average voter doesn't know the difference between profit and profit margin. If I make $10 on a $100 investment and you make $1 on a $10 investment who did better? If you said me then you're just the voter Hillary is looking for. She also holds the belief that she has a right to tell private companies what to do with their money whether it makes economic sense or not, otherwise she'll take it by force. These companies by the way are mostly owned not by fat cats but millions of ordinary people through pension and mutual funds. And remember: Corporations DON'T PAY TAXES!! You do. We all do through higher prices, lower wages and less job creation.
— “We’ll take on the credit card companies so that you and your families aren’t drowning in debt. Here in Ohio, payday lenders are actually taking Social Security checks from our elderly. That’s outrageous. I’ve proposed real consumer protections against abusive interest rates — capping them at no more than 30 percent and working to get them far lower. And I’ll ban those hidden fees and sudden rate hikes, because credit card companies shouldn’t be able to bait and switch you and your family.”
They're taking SS checks!! With a gun or was it burglary? Or was it a voluntary transaction between private parties. Go ahead, cap rates. But remember that when you control the price of anything, you will have less of it. Profit is risk and cost adjusted. If something's not worth the risk and cost then it won't happen.
— “We’ll take on the insurance companies and tell them they can no longer discriminate against the sickest people who need care the most. They spend more than $50 billion a year trying to figure out how not to cover people. Well, I’m going to save them a fortune and a whole lot of time, because here’s the new policy: No more discrimination period. So even if you have a pre-existing condition, you can get the health insurance you need — no questions asked.”
Great idea. Then the cost of this new mandate will passed on and rates will go even higher. Government mandates requiring insurance companies to cover everything from Accupuncture to Viagra is one of the main reason rates are so high. And you're not allowed to buy a policy without mandated coverage. It's easy to paint yourself as a hero by spending other people's money, especially when you won't suffer the consequences of the bad results.
— “And I’ll go after drug companies and insurance companies that are overcharging consumers and the government — it’s time to end their profiteering at our expense.
Drug companies have saved and improved more lives than Hillary and her socialist brethren ever could or would. From antibiotics, statins, heart drugs, cancer therapies, anti-depressants etc, etc. The cost of bringing a new drug to market is over $500 million. Of the thousands of compounds these companies create every year only one or two will make it to market. Then their patent will expire after several years and allow others to copy their work. Again, profit is cost and risk adjusted. Hillary will treat big pharma the way it's treated in Canada, the UK and France. How many new drugs are produced there? Practically none.
The list goes on but the point is made. When Hillary says she's going to "take on" business she means she's going to expand government and reduce liberty all for the amusement of the stupid who don't know they're the ones paying the bill.
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