January 21, 2020

AOC: 'No one ever makes a billion dollars. You take a billion dollars'

Dana Mathewson

When I was a kid, we were always told "Never hit a girl." By extension, never fight with a girl. No leeway was provided for sheer stupidity of things the girl was saying, or anything like that.

But I don't remember anybody like AOC when I was a kid. I do remember some terminally stupid guys, but by and large, the girls were smarter. This bim... excuse me, female person just keeps coming up with more and more stupidity. Or, as an old college buddy would have said if he'd lived long enough to have encountered her, "She opens her mouth and all the dumb runs out."

She keeps proving she knows nothing about economics, particularly about the creation of wealth. She obviously believes there is a finite amount of money out there (unlike The Bern and Cherokee Lizzie, who believe they'll be able to fund social programs that cost trillions of dollars merely by getting the rich to pay "their fair share." But that's an argument for another day.).

Rep. Alexandria Ocasio-Cortez, D-N.Y., said that "no one ever makes a billion dollars. You take a billion dollars" during a Martin Luther King Jr. Day discussion with author Ta-Nehisi Coates on Monday.

"No one ever makes a billion dollars. You take a billion dollars," Ocasio-Cortez said, receiving applause."I'm not here to villainize and to say billionaires are inherently morally corrupt. ...It's to say that this system that we live in, life in capitalism always ends in billionaires."

Ocasio-Cortez said billionaires make their money "off the backs" of "undocumented people," "black and brown people being paid under a living wage" and "single mothers."

She addressed a hypothetical "widget" billionaire in her remarks.

"You didn't make those widgets, did you? Because you employed thousands of people and paid them less than a living wage to make those widgets for you," Ocasio-Cortez said."You didn't make those widgets. You sat on a couch while thousands of people were paid modern-day slave wages, and in some cases real modern-day slavery."

Who knew that the widget business was so terrible? Much worse than the automobile manufacturing business, apparently, where there are still lots of would-be workers striving to get in and get jobs. I guess to some people, modern-day slavery looks pretty good.

Am I cruel to want to see her lose her cushy House job and be forced to toil again as a bartender, obliged to hustle drinks for tips in bars where she isn't even paid a minimum wage, or wasn't back in the day?

Meanwhile, catch the rest of this article, found here: https://www.foxbusiness.com/money/aoc-billionaires-ta-nehisi-coates-interview if you have the stomach for it, that is.

I wonder if she dares talk to her boss Nancy Pelosi this way? Nan and her husband make tons of money off their Dole businesses, and I have the suspicion they don't pay their "undocumented people," "black and brown people" . . . and "single mothers" luxurious wages. No proof, but it's a hunch I have.

Posted by: Timothy Birdnow at 07:49 PM | Comments (8) | Add Comment
Post contains 511 words, total size 4 kb.

1 Claiming "you didn't make that" because you physically didn't do the work is entirely a Marxist belief.  It is the notion that labor is the primary form of capital.  It has been shown to be profoundly wrong, but here we have this dimwit spouting this stupidity.

Without the billionaire there would be no thousandaires, which is what most people are. Instead of jobs you would have tax credits. Nobody but drug dealers, prostitutes, and vagrants live off tax credits.

Posted by: Timothy Birdnow at January 22, 2020 06:50 AM (cBBeO)

2  thinks the aspiration to make billion dollars" drives a lot of our economy. ourselves when we can no longer walk or exercise or shower or take our medicine. A billionaire has gobs of capital to invest in new enterprises. https://morphixtv.me/

Posted by: Jillian Wyatt at January 22, 2020 09:15 AM (RX2O6)

3 Right, of course, Tim. "Trickle-down economics" somehow has a bad name these days, but it's absolutely true. If she'd been honest, she'd have used, say, General Motors as an example (except the person at the top of GM "didn't create that"), and there are many companies underneath the top: the subcontractors who make the transmissions, the brakes, the infotainment systems, the seats, the paint, etc. And people make those, not for slave wages. I would imagine that somewhere, out there, is a chart that would figure, somewhere close, just how many people were involved in the manufacture of my Chevy Cruze, and how much they earned on that one car alone.

And no, GM's current CEO didn't "make" the car, but he/she sure has to spend the day making a whole slew of decisions regarding the financial health of that company, which reflect directly on the financial health of the workers, all the way out to the people in the companies who make the paint and which are not even part of GM.

I'll just bet you that when AOC was hustling martinis she didn't give a stray thought to the toothpicks she was putting in them, but if every bartender in the Bronx alone stopped using them in martinis and all other drinks at the same time, the toothpick maker would feel "a fluctuation in the force."

Posted by: Dana Mathewson at January 22, 2020 11:21 AM (9yEgJ)

4 All good points, and there's the issue of "stake." Who has something to lose?

The workers stand to gain, regardless of how well the company prospers.They are paid a wage whether the company profits or not, and that wage is not taken back if the company fails. The gain, and have nothing to lose.

The stake holders, the ones to whom the profit goes, gain if the company prospers, but if the company fails they do not merely lose the gain. They lose their stake. They lose the money that they put into making the company.

"You didn't build that product" is a specious argument, to which the proper reply is, "No, but I built the company that built that product," and "I paid the wages of the people who built the product."

Posted by: Bill H at January 22, 2020 01:45 PM (vMiSr)

5 Excellent points, Dana.  I wonder if AOC ever considers she didn't have to whittle her toothpicks and grow the olives for the martinis she made. Everyone made out because she poured some gin and vermouth into a glass and stuck an olive in it.

Posted by: Timothy Birdnow at January 22, 2020 04:13 PM (Ja5aj)

6 Spot on, Bill!

My brother works for Ford and he gets good pay plus profit sharing, so he gets paid no matter what PLUS he gets a bonus for a good year.  If AOC is right and this is "slave labor" then why pay a bonus?  Why pay at all?  Sure, he doesn't make what the CEO does, but he makes a LOT more money than a migrant farm worker, say, who has come here illegally. 

So why do people like AOC support illegal immigration?

Posted by: Timothy Birdnow at January 22, 2020 04:15 PM (Ja5aj)

7 Bill, I think I have an answer to your question, and it's that the illegal is more apt to vote for the Democrat / Free Shit party, while a guy who is building cars might be more apt to vote for the party, or at least the president, who is growing the economy that's making it more profitable to build more cars so more people can afford to buy them. "Hourlies" are maybe not the sharpest knives in the drawer but they are very canny when it comes to what effects the dollars in their pay envelopes -- even though it's all Direct Deposit these days. He doesn't care what the CEO makes. He cares that the CEO cares what HE makes.

And Tim, wouldn't you like to see AOC put into a hellish job where she not only has to tend the bar but distil and bottle the whisky and the gin she pours (ensuring the correct alcohol content), print the labels and slap them onto the bottles, brew the beer, make the wine, clean the lines of the draft beer taps? Not grow the olives but take care of the procurement of them, make sure they are the pitted kind, stuff the pimentos into them? And for Heaven's sakes, wash all the glasses, stack them on the bar correctly? Inventory all glass stock at end of shift to replace all breakage? Cut up all the other condiments (twists, etc.) and make sure they don't run out -- be the direct contact with the distributors, of course. Etc., etc., etc. All this for "normal" bartender's wages, none of this inflated minimum wage that's popular these days -- she'll have to do as regular bartenders do and get by on tips by using her charm.

Posted by: Dana Mathewson at January 22, 2020 07:25 PM (l0Dc6)


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