Showing posts with label San Francisco. Show all posts
Showing posts with label San Francisco. Show all posts

Wednesday, March 20, 2019

The race to Venezuela is on

There’s this guy named Andrew Yang. You’ve probably never heard of him. The San Francisco Chronicle is singing his praises. Why? Because he’s running for president and he’s promising a ‘freedom dividend’ to every adult American. What’s a freedom dividend? It’s $1,000 a month just for being alive. How does he expect to pay for this? Oh, he has no idea, but they’re lapping it up in San Fran.

Yang’s yet another socialist in the crowded field of Democrat presidential contenders who are trying to out-promise each other to the nomination. They think that if they can just get the party crown it’ll be a cakewalk over Donald Trump to the White House. Not so fast.

A recent Siena College poll showed more people in New York had a favorable impression of Trump than Alexandria Ocasio-Cortez. Granted, neither of them broke 40 percent popularity, but AOC was less popular than Trump. The primary reason is the recent Amazon debacle. AOC spearheaded an effort to run Amazon out of New York and it worked. They had planned a massive job-creating headquarters in Queens and she and her socialist minions killed it. It’s encouraging to see that even in liberal New York jobs still trump free stuff. But for how long?

Beto O’Rourke is on the campaign trail promising everything to everybody. He brought in over $6 million in campaign contributions in his first 24 hours. He even out-socialisted socialist Bernie Sanders. What does he stand for? Who knows? If it’s socialist, he’s in. He was asked recently if he was for abortion in the third trimester of pregnancy. He said he was unequivocally for a woman’s right to make that decision, to roaring applause from the crowd. That’s great red-meat politics for the whacked-out Democrat base, but murdering a kid on his delivery date is a non-starter with the rest of sane America.

But these Democrat candidates don’t care, because right now there’s socialist blood in the water. It’s a veritable feeding frenzy of big government ideas, and each candidate is trying to prove to the Democrat base that they are willing to go as far as it takes to give them free everything.

Meanwhile back in Realville, President Trump announced that he wants to cap federal student loans. You want to know why the official school bird of your favorite state-supported university is the building crane? It’s because the federal government took over student loans during the Obama error and is shoveling tuition money into the public college oven like a runaway steam locomotive. Our nation’s student debt has more than tripled since 2003 to $1.5 trillion. All of the Democrats currently on the campaign trail want to continue shoveling more money into that furnace. I’ve long predicted that it’s the next financial cauldron to blow.

Never in our lifetimes have we seen such a race to socialism by one political party. As I’ve observed before, they see Donald Trump as so vulnerable that they believe the American people will even turn the ship of state toward Venezuela rather than stay on our current course. They may be in for a rude awakening. A new CNN poll shows 7 in 10 Americans give the economy high marks, and the majority—just barely at this point—give Trump the credit.


This may be a defining moment for the Democrats, but it should also be a defining moment for the Republicans. As the Dems bleach their hair blonde the Republicans need to go full brunette. Instead I fear they may opt for dirty blonde.




Phil Valentine is the host of the award-winning talk radio show, 
The Phil Valentine Show. He's also the co-host of The PodGOATs podcast.



Friday, July 5, 2013

Greedy public employees are bleeding us dry


In San Francisco Bay Area Rapid Transit (BART) workers went on strike after negotiations between the unions and state mediators broke down.  Commuters were left scrambling for alternative modes of transportation but the unions didn’t care.  Was the dispute over pay?  Not really.  BART had offered an average 2 percent wage increase per year for four years.  The fight was over what most union fights have been about the last few years: pensions and health insurance.

The average train operator and station agent make a base salary of $71,000 and average another $11,000 in overtime.  That’s an average of $82,000 per year.  Before the strike BART employees were contributing a measly $92 per month for their health insurance, a ridiculously low amount given the skyrocketing cost of health insurance.  As for their pensions, they were contributing absolutely nothing, not one dime.  The taxpayers were picking up the entire tab for the pension contributions.

These are the types of deals that are bankrupting cities and states and our federal government.  We simply cannot afford to pay for what should be the responsibilities of individual workers.  Whether or not some BART employee retires with a pension should be the responsibility of that particular BART employee.  It’s certainly been my responsibility.  I have a 401(k).  Some years my employer matches part of it some years they don’t.  I certainly don’t expect them to and when they do I appreciate it.

But that’s the problem with a lot of people in this country, isn’t it?  They’ve come to expect someone else to take care of them.  I try to watch my 401(k) like a hawk.  I contribute as much as I possibly can and I plan for the future.  I’m hoping Social Security will supplement my retirement years but I have my doubts.  If it’s even there when I retire Social Security will, in all likelihood, be subjected to means testing.  Even people like Sen. Rand Paul of Kentucky have supported means testing.

Means testing, simply put, means if I do the right thing and have ample money put away for my retirement I won’t be able to draw Social Security even though the government forced me to contribute to it my whole working life.  They told me it was a forced retirement fund and I would be able to draw from it when I retired.  With means testing only those who don’t prepare for retirement will be able to draw from Social Security.  It will only be for those whose retirement funds fall below a certain level.  It turns the entire program into another welfare entitlement.

So much of what the government is doing is discouraging personal responsibility.  The harder you work and the more you earn the bigger chunk of your paycheck they take.  If you haven’t been responsible and provided health insurance for you and your family then the government will step in and take care of your health insurance.  If you don’t plan for your retirement the government will take away part of the retirement from those of us who have and give it to you.

Why on earth should anyone behave responsibly anymore?

The BART strike has been just another reminder of what happens when government officials volunteer the generosity of the taxpayers.  Those on the receiving end of that generosity spit in the face of their benefactors.  They should’ve fired everyone who went on strike and given those jobs to people who might actually appreciate them.  Unions in the private sector are vanishing quickly.  Public sector unions should do the same, while we still have some money left.


Phil Valentine is the host of the award-winning, nationally syndicated talk radio show, The Phil Valentine Show.