Bernie Sanders to Fund ‘Major’ Multitrillion-Dollar Plans with Military Cuts, Taxes, Lawsuits

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By HANNAH BLEAU

Sen. Bernie Sanders (I-VT) on Monday released a fact sheet explaining how he will fund his “major” multitrillion-dollar campaign proposals — the Green New Deal, free college, housing for all, etc. — and revealed that he will pay for them through a combination of cutting military spending, creating new taxes, and enacting penalties on the fossil fuel industry in the form of lawsuits.

While Sanders has released a suite of lofty plans with the promise to improve the lives of middle class and low income Americans, critics have repeatedly asked the socialist senator to explain how his administration will pay for his grandiose proposals.

His campaign released a fact sheet on Monday listing each of his “major plans” and providing a line on how he will make it a reality.

His $16.3 trillion Green New Deal plan, perhaps one of his most prolific proposals, will be paid for, he claims, through a variety of methods including slashes in military spending and lawsuits against the fossil fuel industry.

He is calling to reduce defense spending by $1.215 trillion “by scaling back military operations on protecting the global oil supply.” His campaign claims he will raise $3.085 trillion by “making the fossil fuel industry pay for their pollution, through litigation, fees, and taxes, and eliminating federal fossil fuel subsidies.” He expects to garner another $6.4 trillion “from the wholesale of energy produced by the regional Power Marketing Administrations.”

“This revenue will be collected from 2023-2035, and after 2035 electricity will be virtually free, aside from operations and maintenance costs,” his website states.

Sanders also claims his Green New Deal plan will create 20 million jobs, which will effectively create a new tax base and eliminate the need for $1.31 trillion in “federal and state safety net spending due to the creation of millions of good-paying, unionized jobs.”

His campaign actually argues that enacting his multitrillion-dollar climate change proposal will save the United States $2.9 trillion in the next decade, $21 trillion over the next 30 years, and  $70.4 trillion over the next 80 years.

“If we do not act, the U.S. will lose $34.5 trillion by the end of the century in economic productivity,” he claims.

That is far from Sanders’ only proposal. Offering free college and cancelation of student debt will cost, according to his estimates, $2.2 trillion. Sanders claims the plan is “fully paid” for with a “modest tax on Wall Street speculation,” contending that it will raise more than enough — $2.4 million over the next decade.

Sanders says his $1.5 trillion housing for all plan and $1.5 trillion universal child care/pre-K plan will be paid for with “a wealth tax on the top one-tenth of one percent – those who have a net worth of at least $32 million.” He claims it will raise “a total of $4.35 trillion.”

His other plans rely almost entirely on new taxes on the wealthy. His vow to erase $81 billion past-due medical debt will be “fully paid for by establishing an income inequality tax on large corporations that pay CEOs at least 50 times more than average workers.” Additionally, Social Security expansion will be paid for, he says, with a tax on Americans with incomes over $250,000.

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Instead of explicitly stating how Sanders will fund his Medicare for All plan, which some experts say could cost over $60 trillion over the next decade, the fact sheet simply touts a “menu of financing options that would more than pay for the Medicare for All legislation he has introduced,” which includes raising taxes on the middle class.

Per the fact sheet, those options include:

  • Creating a 4 percent income-based premium paid by employees, exempting the first $29,000 in income for a family of four.

  • Imposing a 7.5 percent income-based premium paid by employers, exempting the first $1 million in payroll to protect small businesses.

  • Eliminating health tax expenditures, which would no longer be needed under Medicare for All.

  • Raising the top marginal income tax rate to 52% on income over $10 million.

  • Replacing the cap on the state and local tax deduction with an overall dollar cap of $50,000 for a married couple on all itemized deductions.

  • Taxing capital gains at the same rates as income from wages and cracking down on gaming through derivatives, like-kind exchanges, and the zero tax rate on capital gains passed on through bequests.

  • Enacting the For the 99.8% Act, which returns the estate tax exemption to the 2009 level of $3.5 million, closes egregious loopholes, and increases rates progressively including by adding a top tax rate of 77% on estate values in excess of $1 billion.

  • Enacting corporate tax reform including restoring the top federal corporate income tax rate to 35 percent.

  • Using $350 billion of the amount raised from the tax on extreme wealth to help finance Medicare for All.

The release of the fact sheet follows Sanders growing frustration over the mounting questions over the costs of his massive proposals.

Anderson Cooper grilled Sanders on the costs of his various proposals during the presidential hopeful’s recent sit-down interview with 60 Minutes.

“But you say you don’t know what the total price is, but you know how it’s going to be paid for. How do you know it’s going to be paid for if you don’t know how much the price is?” Cooper asked.

“I can’t rattle off to you every nickel and every dime,” Sanders said. “But we have accounted for — you talked about Medicare for All — we have options out there that will pay for it.”

Socialist Sanders Finds A Brand New Way To Give Away Another Trillion Dollars Of U.S. Taxpayer Money

 

Call him Karl Marx Jr.

Sen. Bernie Sanders, the Democratic socialist from Vermont who is now the frontrunner for the 2020 presidential nomination, released a new plan Monday to give away $1.5 trillion in taxpayer cash.

Under the plan, Sanders plans to provide universal child care and pre-K, spending $1.5 trillion over a decade for the “free” program. All Americans would guaranteed child care through age 3 followed by free pre-kindergarten education.

“As president, we will guarantee free, universal childcare and pre-kindergarten to every child in America to help level the playing field, create new and good jobs, and enable parents to more easily balance the demands of work and home,” Sanders said in a statement.

Sanders says he would fund the program through his “tax on extreme wealth” over $32 million. His campaign claims that tax would bring in some $4.3 trillion over 10 years.

The socialist has a slew of “free” programs that cost trillions. He supports a single-payer “Medicare for All” system, wants to cancel all student debt and make public college free, and raise the minimum wage to $15 per hour. And Sanders advocates providing free breakfast, lunch and dinner to all students, regardless of income level.

“Exact cost projections on all of Sanders’ proposals aren’t available, in part because he hasn’t fully fleshed out some of the ideas he’s embraced (such as universal pre-K and child care),” CNN reported in January.

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But a wide variety of estimates put the likely cost of the single-payer health care plan he has endorsed around $30 trillion or more over the next decade. Depending on the estimates used, including projections from his own campaign, the other elements of the Sanders agenda — ranging from his “Green New Deal” to the cancellation of all student debt to a guaranteed federal jobs program that has received almost no scrutiny — could cost about as much, or even more than, the single-payer plan. That would potentially bring his 10-year total for new spending to around $60 trillion, or more. …

“I think if the price tag for the Sanders agenda was [better] known … voters would blanch — even Democratic primary voters would blanch,” said Jim Kessler, executive vice president for policy at Third Way, a centrist Democratic group. “The truth of the matter is in primary elections both in 2016 and so far in this one, he’s allowed to skate. He gets graded on a curve. But if he were the nominee, the curve is over. The Republicans will spend a billion dollars picking apart every one of his plans.” …

The sheer size of Sanders’ spending agenda dwarfs the proposed tax increases he has offered to pay for it, economists across the ideological spectrum agree. Brian Riedl, a former Senate Republican budget aide who’s now a senior fellow at the conservative Manhattan Institute, has calculated that at most Sanders’ existing proposals to raise taxes on the wealthy, Wall Street and corporations would raise about $23 trillion over the next decade.

“There is nowhere near enough resources that you can credibly collect to pay for spending of this size [from the rich],” agrees MacGuineas. “When you are talking about a doubling in the size of the government, you are talking about significant tax increases on the middle class.”

In addition, Sanders supports a plan offered by Rep. Alexandria Ocasio-Cortez she has dubbed the “Green New Deal.” The cost for that program: $93 trillion.

Who are Extinction Rebellion — the ‘eco-activists’ grounding planes & shutting down cities

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Calling for civil disobedience in the face of climate change, Extinction Rebellion protesters have been remarkably successful in thrusting themselves into the headlines. But what is the movement all about? And who’s behind it?

Best known for shutting down the streets of London in April, Extinction Rebellion upped its game on Thursday, with a protester affiliated with the group grounding an Aer Lingus flight from London City Airport to Dublin. Another protester – Paralympian James Brown – clambered onto the roof of a British Airways plane and refused to budge, prompting police to eventually remove him.

The disruptions came as Extinction Rebellion threatened a “Hong Kong-style” occupation and shutdown of the airport, and as similar protests hit more than 60 cities worldwide.

“Ultimately, it is part of Extinction Rebellion’s aim to get people arrested,” read a flyer circulated by activists in Dublin. To that end, the group has been successful. More than 1,000 activists have been arrested in London alone this week, including 50 at London City Airport.

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What do they want?

The group’s demands are threefold. First, they call on governments to “tell the truth by declaring a climate and ecological emergency,” a similar demand to that made by Swedish teenager Greta Thunberg at the UN Climate Action Summit in New York last month. A seemingly benign demand, but one that paints opponents as ‘anti-truth’.

Secondly, they demand that “government must act now to halt biodiversity loss and reduce greenhouse gas emissions to net zero by 2025.”  Finally, the group demands that government partner up with activists, and “create and be led by the decisions of a Citizens’ Assembly on climate and ecological justice.” 

While a ‘Citizens’ Assembly’ would draw on a cross-section of society, it would be government-created and guided by a collection of NGOs and academics, as was the case in Ireland when the government convened such an assembly to pave the way for referenda on gay marriage and abortion in recent years. Extinction Rebellion make no mention on whether NGOs with opposing views will be included in the deliberation.

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At XR’s rallies, protesters have called for any number of ways of meeting these goals and more, including government bans on meat and private cars, abolishment of the airplane, boycotts of the fashion industry, and disbandment of the military. Disrupting commerce is fair game for making their points, as is disrupting vital services. As a cancer patient in London was forced to walk to hospital treatment due to XR’s roadblocks, spokesperson Savannah Lovelock told Sky News that while she was “really sorry,” such action is necessary for the good of the planet.

An appeal to authority

Central to all of the group’s demands is a radical expansion of state power. Reducing greenhouse gases to net zero – if a state-led effort – would give government the power to restrict or outright deny its citizens freedom of travel, freedom to choose their own diets, and freedom to build their homes however they want. In the US, drafttext of ‘Green New Deal’ legislation gives a sneak-peek at just how all-encompassing this would be, working wealth redistribution and reparations for “historic oppression” into the mix for good measure.

A potent illustration of the group’s appeal to authority came last November, when XR co-founder Gail Bradbrook marched on Buckingham Palace and read aloud a message to Queen Elizabeth “with great humility,” calling on the monarch to save the planet by royal decree.

“It isn’t enough to live a life of voluntary simplicity,” academic and XR campaigner Rupert Read wrote at the time. The implied meaning is clear: people will have to be coerced into complying.

Who’s behind it all?

Here’s where things get interesting. Exploding onto the scene with a recognizable logo, coherent imagery across multiple continents, a dominant social media presence and a slick website, the leaders of Extinction Rebellion are no rabble of bong-smoking malcontents.

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Especially not Dr. Gail Bradbrook. The co-founder of the movement told the BBC that she came up with the idea after praying in a deep way” while under the influence of “psychedelic medicines” on a retreat last year.

In truth, Bradbrook has made a career out of activism, and has for two decades worked as a professional campaigner. Speaking at a talk in 2016, she admitted that this role is “mostly about securing your own paycheck.” As director of Citizens Online – a charity campaigning for “digital inclusion,” Bradbrook has worked with BT to lobby the British government.

Joining Bradshaw are former organic farmer Roger Hallam, and also involved are Occupy London veteran Tasmin Osmond – a granddaughter of British nobility – and ex-UN worker Laura Reeves.

Behind the movement is a bulwark of elite cash. Heiress Aileen Getty has kicked in nearly £500,000 of her family’s oil wealth to the group via the Climate Emergency Fund, claiming that “disruption” is necessary to take on climate change. According to its own data, Extinction Rebellion has raised just short of a million pounds in large donations since March, from groups like the Children’s Investment Fund Foundation, set up by a hedge fund manager and run by a former vice-chairman of billionaire financier George SorosOpen Society Institute.

What has the group achieved?

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Aside from annoying motorists and boosting superglue sales, Extinction Rebellion has achieved some of its aims. Eleven countries and dependencies, beginning with Britain and Ireland, have declared a state of “climate emergency,” even if Irish Prime Minister Leo Varadkar did say afterwards that the declaration was a “symbolic gesture.”

What Extinction Rebellion has also been successful in is pandering to the wishes of global financiers and the new captains of green industry. The group’s call for “net zero” carbon emissions is echoed by the World Bank, and a host of investment firms, including HSBC, JP Morgan Chase and Citi, that see “profits to be had” in “climate-related sectors.”

None of this is a bad thing on the surface, except that these groups – which have banded together to form the Climate Finance Partnership and Blended Finance Action Taskforce – want access to taxpayer money and pension funds to do this. This Western money, according to the groups, will be funnelled into projects in Africa, Asia, and South America.

Rarely do the demands of activists and the will of international finance line up, but not everyone is happy. In London, Police Commissioner Nick Ephgrave has warned that the current protests will hamper officers’ ability to tackle “street-based violence,” and leave the city more vulnerable to terrorism.

Street blockages and airport disruptions may put Extinction Rebellion at odds with the majority of the population, but majority support is unnecessary. XR co-founder Roger Hallam has repeatedly referenced Gene Sharp as an inspiration. An American political scientist, Sharp’s theory of nonviolent action – that only 3.5 percent of a population need to back a protest movement before it reaches critical mass and triggers change – has been adopted and put into practice by ‘color revolutionaries’ around the world, from US-sponsored student protesters in Serbia at the turn of the century, to Arab Spring revolutionaries more recently.

Celebrities have lined up to endorse Extinction Rebellion – from gloom-rockers Radiohead chipping in £300,000 to Benedict Cumberbatch joining protesters camped in Trafalgar Square. With elite cash and backing, as well as round the clock media coverage, Extinction Rebellion is well on its way to Sharp’s tipping point, and has well and truly glued itself to the public consciousness already.

Elizabeth Warren Endorses AOC’s Plan Allowing Illegal Immigrants to Collect Welfare

By Mark Alan

Elizabeth Warren is the first 2020 presidential candidate to endorse freshman Congresswoman Alexandria Ocasio-Cortez’s new “Just Society” plan. The controversial legislative package of six bills would allow illegal immigrants to collect welfare. Some political insiders has accused Warren of disingenuously supporting the plan in an attempt to gain an endorsement from Ocasio-Cortez.

Two of the six separate bills would prohibit the federal government from denying welfare benefits to illegal immigrants and convicted felons. The legislation would also control the rate of yearly rent increases for housing, restructure federal poverty guidelines, and introduce a variety of new factors to determine how federal contracts will be awarded.

Perhaps even more controversial than allowing illegal immigrants to collect welfare, the legislation would seemingly establish health care, housing, and access to healthy food as government-provided rights. Unsurprisingly, Republicans have condemned the legislation.

Warren, however, isn’t backing down from her support of the proposal. “It’s going to take big, structural change to tackle poverty and inequality in the U.S., and [AOC’s] “A Just Society” is just the type of bold, comprehensive thinking we’ll need to get it done,” Warren wrote on Twitter.

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Cortez’s Terrible New Plan & Video – AOC’s Dumb #24

By No Bullshit

10/3/2019

Like 99.99999% of woke, progressive SJWs, AOC has endless, lofty plans for things other people must do, and sacrifices other people must make… While she herself continues to live in her White, gated neighborhood, double parked with her G Wagon in the handicapped spot in front of Starbucks while she sips one $8 latte after another all day on Twitter bitchsplaining to everyone how racist everyone is.

 

OCASIO-CORTEZ: REPUBLICAN PARTY IS ‘SCARED’ OF US ‘BECAUSE THEY KNOW HOW POWERFUL’ WE ARE

Ocasio-Cortez: Republican Party Is ‘Scared’ of Us ‘Because They Know How Powerful’ We Are

“They know how powerful we are more than sometimes our own – frankly I think – our own party does.”

Breitbart – SEPTEMBER 12, 2019

The far-left members of the “Squad” – Reps. Alexandria Ocasio-Cortez (D-NY), Ilhan Omar (D-MN), Rashida Tlaib (D-MI), and Ayanna Pressley (D-MA) – participated in an NAACP forum Wednesday evening and declared that members of the Republican Party are “scared” of them “because they know how powerful” they are.

Ocasio-Cortez talked about her background as a waitress and told the moderator, Angela Rye, that she does not “shy away” from her background of working in restaurants because it prepared her for her current job as a congresswoman.

“Nothing will give you the ferocity of advocacy like having that kind of experience,” Ocasio-Cortez said.

“No one can tell me about things like sexual harassment. No one can tell me things like working for tips on a wage that is less than the minimum wage. No one can tell me about taking the subway at 3 o’clock in the morning home from a night shift,” she said, claiming that “no one else has those experiences on the other side of the aisle.”

“Very few people have those experiences, and by the way, when they do, like John Boehner, they’re lauded for it. They’re like, ‘That’s a guy I could have a beer with,’ but with me, it’s like, so–” she continued with a gesture.

The freshman lawmaker added that the Republican Party is “scared” of the “Squad.”

“It’s because they’re scared because sometimes I think that the Republican Party recognizes our power more than we do sometimes,” she said.

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Climate Endgame: ‘Curb Population Growth’ to Save the Beach Houses Bernie: America Should Do More to Export Abortion

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by Hannah Bleau

Sen. Bernie Sanders (I-VT) told CNN’s climate change town hall attendees Wednesday night that he is willing to talk about population control, suggesting that abortion is key to addressing the climate crisis.

“Human population growth has more than doubled in the last 50 years,” an attendee told Sanders, adding that the planet cannot sustain such growth.

“I realize this is a poisonous topic for politicians but it’s crucial to face. Empowering women and educating everyone on the need to curb population growth seems a reasonable campaign to enact,” the attendee continued.

“Would you be courageous enough to discuss this issue and make it a key feature of a plan to address climate catastrophe?” she asked.

“The answer is yes,” Sanders said, arguing that population control – in the form of abortion and birth control, specifically – is something he “very, very strongly” supports.

“The answer has everything to do with the fact that women in the United States of America, by the way, have a right to control their own bodies and make reproductive decisions,” Sanders said.

“And the Mexico City agreement, which denies American aid to those organizations around the world that are – that allow women to have abortions or even get involved in birth control is totally absurd,” he continued.

“So I think especially in poor countries around the world, where women do not necessarily want to have large numbers of babies and where they can have the opportunity to birth control to control the number of kids they have is something I very, very strongly support,” he added.

 

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