Tuesday, July 3, 2018

Jimmy Dore - Starbucks Billionaire: You Can't Have Healthcare or College

Jimmy Dore gives Howard Schultz, the outgoing Starbucks CEO,  a pasting for saying that some of the Democrats have moved too far to the left by saying the government should provide single payer healthcare, a Job Garantee, and free college.

Howard Schultz, who is going to run for president as a Democrat, asks how are we going to pay for all this? But Jimmy Does points out about the trillions the government found to bail out the bankers, and the trillions more spent on the military and the endless wars.  He also says how the U.S. is one of the richest countries in the world and yet much poorer countries can provide college and healthcare its citizens.

Howard Schultz is concerned about the government  $21 trillion debt, but Jimmy Dore says that the U.S. government prints it's own money and that is why it could give the bankers $15 trillion without blinking an eyelid.  He also adds how in Iceland they locked their criminal bankers up, but in the U.S. nothing is said because it is an oligarchy, not a democracy. He then goes to say how Bill Clinton gave George Bush a balanced budget, but asks did Americans get healthcare out of it, or state college, no just trillions spent on war and the bankers?

Jimmy Does wants to know who these left leaning Democrats are because he can't think of any? The Democrats have been captured by the corporations.


Konrad said...

Rich people have no reason to fear poverty, and hence they cannot imagine what it is like to be not-rich. They are stuck in their own pleasant “astral realm,” if you will, with no desire to improve their understanding by incarnating among the common folk.

As a result, rich people and corporate CEOs in some ways are incredibly stupid about money. For example, Howard Schultz is concerned about the U.S. government’s $21 trillion debt (more than half of which the government owes itself). Schultz thinks the U.S. government runs on loans and tax revenue. And since he is rich, nothing can budge Schultz from his delusion that he is “right” and “superior.”

As a neoliberal, Schultz only asks, “How will you pay for it?” when the issue is social programs that help average Americans.

“Jimmy Dore then says how Bill Clinton gave George Bush a balanced budget, but asks did Americans get healthcare out of it, or state college? No, just trillions spent on war and the bankers.”

The four years of Clinton surplus sucked nearly a trillion dollars out of the U.S. economy, thereby creating a recession. This recession was not felt as acutely as other recessions, because of the mass increase in deficit spending from Bush’s war of terror.

Anyway that’s an especially good Jimmy Dore video.



Matt Franko said...

We’d have to go back to making our own coffee and carry a thermos....

Kaivey said...

Thanks Konrad, fixed now.

Ryan Harris said...

There is no place for billionaires. The GOP has become offensively populist in their anti-trade policies and at the same time the dems are lurching left and becoming offensively populist in their econ policy.

It's a real problem, I expect massive think tank and academic FUD soon on trade and deficits and all the usual scare tactics. Not sure it'll work this time.

Everyone is pretty united though, Gates, Koch, Soros, Buffett, Bezos --- all are on the same page and donating to the same people.