AOC On Facebook’s Libra – Jeez, She Doesn’t Even Know What A Public Good Is

Alexandria Ocasio Cortez is showing that she didn’t pay much attention in her economics classes – yes, her degree is in economics. For she’s trying to claim that a currency is a public good and in fact ought to be one. This being driven by a rather perverse idea that only governments should provide public goods.

No, a currency isn’t a public good. And there’s nothing at all to suggest that governments should or can be the only suppliers of public goods.…

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You Know, Capping Interest Rates A La Bernie And AOC Might Be A Bad Idea. Maybe?

If you cap a price below the cost of providing that item then you effectively ban that item. If you cap interest rates on certain types of loans, below the cost of loan provision, then you ban that type of loan. This has been proven with interest rate caps on payday loans. Where the cap bites there are no such loans. So, the idea of capping credit card interest is a good or a bad one?

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Well Done AOC – Prosecution Of Rich Person Is Proof That We Don’t Prosecute The Rich

Quite how Alice in Wonderland the world view of Alexandria Ocasio Cortez is can be shown in this piece of logic from her. That a rich – and presumably powerful – couple of women are being sentenced for a crime shows that we don’t prosecute the rich for breaking the law.

Umm, yes, an actual instance is proof that the thing never happens. Please don’t go into science AOC, the cannonball falling from the tower shows that gravity doesn’t happen.…

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AOC’s $7 Croissant Is The Future Of America Under Democratic Socialism

If you’d like to see the future that Alexandria Ocasio Cortez would like for us all we can use this example – her own – of the $7 croissant. It’s possible to do a slightly deeper dive into the underlying economics but then that would require her to have a knowledge of David Ricardo and some clue as to the notion of rental values. As is described here:

Anyone want to take a punt on what the rent is for a croissant stall at LaGuardia?

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So Political History Is Another Thing AOC Is Ignorant Of Then

Soon enough it’ll be shorter to print a listing of subjects that Alexandria Ocasio Cortez does know about. For she’s shown here that to add to her utter confusion over all matters economic she’s also ignorant of basic US political history. We could try to be fair to her and point out that the gap between the year of her birth and FDR’s last re-election is greater than that between the end of WW II and the death of Queen Victoria.…

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The Green New Deal Is Giving AOC A $93 Trillion Checkbook And Hoping. Hoping Hard.

From elsewhere on the subject of the Green New Deal and other methods of dealing with climate change:

Think on it. The Green New Deal is giving Rep. Alexandria Ocasio-Cortez, D-N.Y., a $93 trillion checkbook and hoping she gets it right. That would not work out well.

An alternative:

If you change prices with a carbon tax, however, all 320 million of us gnaw away at the bone of this problem. Many of the things we try won’t work, but some will.

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Green New Deal – Of Course Losing 57 to Zero Is A Sham

Some people just never learn, do they? The latest example being that climate change treaties and plans are now 0 for 3 in the US Senate. And given that it’s the Senate which has to pass such things that’s not a great record. But we’ve got this latest described as just a sham. For, of course, we know full well that the country is just crying out for the social justice that will be ushered in by AOC’s Green New Deal.…

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Ocasio Cortez, The Twitter Maven, Has A Problem With Facebook

Quite what the problem Alexandria Ocasio Cortez has with Facebook should be obvious She’s very good indeed at using Twitter to appeal to the masses over and around the mainstream media. Other people are equally good at doing so using Facebook.

The problem AOC has with Facebook is that she doesn’t agree with those who use Facebook. Therefore Facebook shouldn’t exist in its current form.

Rep. Alexandria Ocasio-Cortez (D-NY) suggested that democracy in the US “has a Facebook problem” after the company pulled ads last night that called for tech giants, including Facebook, to be broken up.

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Ms. Ocasio Cortez And Zil Lanes

Now it’s true that Fox News is rather piling on in glee here over Alexandria Ocasio Cortez and her non-use of the public transport which the Green New Deal insists is perfect for the proles. But then the pretensions of those who would tell us how we must live are always ripe for a little exploration.

One of the things that used to very much surprise visitors to communist Russia was the Zil lane. The Zil being the vast car (actually, I think, the 1957 Chrysler Imperial, the Soviet Union having bought the stamping plates for the bodywork) that was the perk of the senior apparatchiki.…

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Having Cake And Eating It: Creative Destruction

Good old Alexandria Ocasio-Cortez – she’s doing for America what Jeremy Corbyn has done for Britain. Much to the dismay of the secret socialists now entrenched in the Democrat Party, she is stripping away the protective layer of bulls**t that socialism normally has to rely upon to keep people from understanding its inherent failings, and is thus laying it bare before the world.

Because she is too ignorant to understand them – she actually believes in socialism, and thinks that if only it is adequately explained to the rest of us, we will love it as she does.…

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