Schmid: What Democratic Socialists Don’t Get
by Valentin Schmid via The Epoch Times,
ZeroHedge.com
Tue, 07/10/2018
NY Socialist candidate wants to solve problems with the same tools that created them…
It was quite an upset. The leftist Alexandria Ocasio-Cortez beat a more moderate democrat Joe Crowley in a New York primary for the house of representatives in June. Given New York’s preference for democrats, this result all but assures her of a seat in the House come midterm elections.
What prompted the 16,000 primary voters (out of 292,000 eligible in the Queens/Bronx 14th district) to vote for Ocasio-Cortez over her competitor, who only got 11,800 votes? Free stuff and anti-Trump rhetoric. Free education, medical care and a federal jobs guarantee (free stuff), as well as the abolishment of Immigration and Customs Enforcement or ICE (anti-Trump).
But her own family background is far from “working class” as she describes on her campaign page, as the Daily Mail reports. Although Cortez was born in the Bronx and lived there until age 5, her father—an architect who ran his own business—moved the family to posh Westchester County, where she attended Yorktown high school. Cortez, who attended Boston University, only moved back to the Bronx after her father died, making money as a waitress and bartender—working class after all.
Either way, for her and her family, the days of not being able to afford living in the Bronx, or anywhere else for that matter are most likely over. If elected representative, Cortez will enjoy the benefits of “earning” $174,000 base pay for 120-150 days of “work,” a budget of $1.2 million for staff and travel expenses, as well as insider trading privileges.
If she is smart, she can use some of that free time to take lessons from Democratic Rep. Judy Chu from California, who built up a net worth of more than $3 million day-trading the S&P 500 with call and put options since her first election in 2009.
Not bad for 16,000 votes; and at least one Bronx family won’t have economic issues again for the near future. Of course, it remains to be seen how many people turn out for her in this year’s midterm election.
Socialist Confusion
As for her politics, Cortez demonstrates the same delusional lack of understanding of history and economics that other socialists exhibit, most recently and notably Bernie Sanders.
“I don’t believe that in a moral and wealthy America, people should be too poor to live,” she told Qatari-funded AJ+.
The Rest…HERE
