OWS – ‘Creative Destruction’

OWS and ‘Creative Destruction’

Saul Alinsky would be very happy with OWS (especially Oakland version) and their statist political supporters. Their goal is to destroy capitalism and current government. The Oakland government is loaded with statists who along with OWS would love to replace current system with socialism and Marxism. Call this their version of creative destruction: destroy semi statist government and replace it with a more powerful one. And BO is an Alinsky disciple. I would not be surprised if he is calling some of the shots.

The above is how I blogged today in Investors Business Daily on-line responding to an editorial about Oakland’s reaction to OWS violence. The link:


I add more comments here:

Could it be that the Oakland government supports OWS, allowing even violence which leads to destruction of their own city’s private businesses that generate tax revenues to keep the government funded? The answer may be yes. Why? Because OWS and strong socialist / Marxist leaning politicians have the same end goal – socialism and Marxism. Create a state where government takes care cradle to grave all needs, taxing the rich to oblivion.

The great economist Schumpeter explained that “creative destructive” was a core component of the great success of capitalism. Creative destruction in the capitalist sense destroys current industries and products for new ones. This is necessary for capitalism long term strong growth. This is how entrepreneurs flourish. To educate BO: ATM’s, on-line banking destroyed bank tellers but drove new technologies that generated new hardware and software industries and generated much new employment.

For several decades, many politicians have persistently strived for more government control of the economy. They have had many gradual but steady successes from the New Deal to Great Society to government near monopoly of housing and student loan industries and now health care. Their gains have accelerated under BO. They are now encouraged to go all the way to total socialist control; hence they position themselves to destroy our current economic system quickly as the most expedient way to their end goal. If they reach this our nation may undergo other subsequent creative destructions just as Lenin, Stalin, Mao, Castro did to solidify central control in stages.

We must try all out to prevent this. We have strong competition. This includes many heavily funded socialist Marxist organizations, the BO administration and the OWS sympathetic Justice Dept, the media elite, Unions, 80% of all Democrats, and a largely economic illiterate populace.

What can we do?

The next election will be ‘free’ markets vs an eventual Socialist/Marxist US and economic collapse / loss of US identity. Bloggers and free marketers – the time to get intimately involved in local, state, and national elections 2011 and 2012 is now! And we all need to work extra hard because of a strong American mindset that is ‘economically illiterate’. Specifically challenge all economic myths and politely explain the facts and benefits of free markets to your friends and neighbors.

** I want to cite other excellent blogger comments addressing the same Investors Business Daily editorial:

1 – Every bad actor on the left is involved and it’s not good for America, freedom, or liberty. Endorsed by Obama, Pelosi, Democrats, The American Communist Party, every major union, The Socialist Party of America what could possibly go wrong (marshal law)? Forgot mind numb students, drug addicts, rapists, and old Hippies. Regrettably the working families with legitimate beefs are used as pawns for the radicals. Right out of Marx’s handbook. Live free or die.

2 – The Left has a history of violence and insurrection. So do the communists who did not die with the fall of the Soviet Union. Communism during the Cold War was not confided to the Soviet bloc but through labor fronts and academics in universities continued to teach Marx and Lenin and Stalin. Louis Budenz exposed communism in America in some of this long forgotten writings. in light of the labor and Obama brigades [OWS], we need to be aware of this insurrection. Obama with his lock on agencies?

3 – Remember that Obama is a Community Organizer. Gathering provocateurs and saboteurs to make demands on the wicked capitalist system is in his job description. In addition, these Occupy Groups are intended to divert attention away from his failed economic stimulus policies and to direct blame at bankers and ‘fat cats’ for the problems the government creates. These are Leninist-Alinsky tactics which the Left is very familiar with and their implementation now is a sign of their desperation.

4- Given the same circumstances except with a Republican President all the Occupy Groups would have converged on Washington DC because all of them would have laid the blame for today’s problems on the President and Republican Party. This strategy cannot be adopted with Obama in DC so the puppet masters have decided to scatter the protesters nationally, making the bankers the rich the bogeymen. With the unions, ACORN and Soros groups involvement there should be no doubt that Obama is at the center/

5- Even though the long planned violent overthrow of the US govt is the goal of these treasonous groups, it is obvious that the current Justice Dept will not step in to stop them. They are part of the gang & they are all playing a deadly game for keeps. Of course the trail leads up to the WH. But, who is left uncompromised that can save America? The FBI? The CIA? Congress? The Military? The Citizens? Who??

About economics501

1 - free market Capitalist; 2 - Fitness Entrepreneur; 56 years old, VP at an Investment Bank in NYC, ex Venture Capitalist, happily married with 2 girls. Education: Rutgers and NYU. I allow Ted Hruzd, my friend to blog at will here. He has many posts here. I have known Ted since we were both students at NYU. Ted also works for an Investment Bank as a VP in Equity Global Markets. ------------------------- I was very very Socialist leaning as a 22 year old. I then strongly believed in Gov role in helping the poor. However, as a USDA Child Nutrition Programs, I personally accounted for millions of fraud, abuse, and waste of tax payer money. I came to believe that the poor would be best served with less Gov programs and more with direct aid via tax system. Then after 5 years I became a free market capitalist, was a venture capitalist in 2007 and helped start 2 high tech companies. I dedicate this site to champion free market capitalism as the best road to Prosperity. Please join in. If you disagree, fine, but please post with dignity and class and be civil. Argue with facts always.
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2 Responses to OWS – ‘Creative Destruction’

  1. Pingback: Occupy Wall St « Newsbeat1

  2. Yeah – the confusing thing is the US military. They take an oath to protect and defend the Constitution. Not the president, Congress or the Judiciary; the Constitution. But having allowed themselves to become a Palace Guard over the past half-century – deploying into combat without the Congressional Declaration of War REQUIRED by the CONSTITUTION, they have gone hither and yon at the bidding of the exectuve, both Dem and GOP. And now, when we need them to perform their ONLY Constitutional duty, they are MIA, or, in the words of my roommate at USAFA in the 1970s, a career fighter pilot, “everyone is hunkering-down, worried about their careers.”

    Well, there are millions of us who have taken the oath.. maybe it’s almost time to act on it and protect and defend the Constitution against all enemies foreign and domestic. Obama IS the biggest, most dangerous enemy America has ever had. TIme to do something about it?

    And, no, the Palace Guard issue is NOT solved by saying the Pres is CINC. The CINC COMMANDS; the military must be DEPLOYED to be COMMANDED, and ONLY Congress can DEPLOY the military. The Service Chiefs need to look at the CINC when he orders them in to combat and ask, “You have a Declaration for us, Sir? No Declaration, no-go. That’s in the Constitution, Mr. President, so you go get us that Declaration and we’ll be off.”

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