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DETAILS: Bernie Sanders & Chuck Schumer Working On Plan to Kill the Stock Market

Senators Bernie Sanders and Chuck Schumer don’t believe in the “America first” philosophy.

That could not be more evident in light of a new report claiming the pair have a plan to kill the booming stock market.

From National Review:

When a company repurchases shares, their value rises, and employees benefit. The senators think something is wrong with that.

Senators Chuck Schumer of New York and Bernie Sanders of Vermont want to penalize “self-indulgent” corporations that buy back their own stock. In a recent article in the New York Times, they argued that when companies repurchase shares, not only do the vast majority of Americans not benefit, but income inequality is exacerbated since only wealthy shareholders and corporate management profit.

Despite decades of extraordinary success that the United States has enjoyed and that we enjoy today, Schumer and Sanders believe that something sinister is taking place in the corporate world. They call buybacks a form of “corporate self-indulgence.” Why? Because […]

[…] corporate boardrooms have become obsessed with maximizing only shareholder earnings to the detriment of workers and the long-term strength of their companies. . . . Companies, rather than investing in ways to make their businesses more resilient or their workers more productive, have been dedicating ever larger shares of their profits to dividends and corporate repurchases.

Sanders has a trippy past that involves being a hippie and praising the communist ways of the USSR.

So, there’s something for Democrats to consider.

From Free Beacon:

Bernie Sanders was asked to leave a hippie commune in 1971 for “sitting around and talking” about politics instead of working, according to a forthcoming book.

We Are As Gods by Kate Daloz, scheduled for release April 26, chronicles the rise and fall of the Myrtle Hill Farm in northeast Vermont. Daloz, a Brooklyn writer, was in a special position to write a history of Myrtle Hill: she was raised near the commune in a geodesic dome residence with an outhouse called the Richard M. Nixon Memorial Hall. Her parents were close acquaintances of the commune residents, who offered them tips about wilderness living.

In the summer of 1971, Myrtle Hill received a visitor: Bernie Sanders, age 30, at the cusp of his political career with the socialist Liberty Union Party.

Democrats can’t be too happy to learn that Trump is polling well against their nominees for 2020. In fact, it would appear Trump’s only true challenger might be former Vice President Joe Biden.

And Joe hasn’t even said if he’s going to run or not.

Here are the results:

Liberals lost their minds because the New York Times had the audacity to fact check Senate Minority Leader Chuck Schumer (D-NY) during his rebuttal top President Trump’s Tuesday night speech.

They can’t take it when their side gets called out.

Facepalm.

Here’s the NYT tweet:

Annnndddd the meltdowns:

The post DETAILS: Bernie Sanders & Chuck Schumer Working On Plan to Kill the Stock Market appeared first on Flag And Cross.

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