First demand of Occupy Wall Street costs more than the entire income tax currently brings in

In the least surprising development in modern political history, Occupy Wall Street seems to be better at spending your money than they are maintaining hygiene.  As evidence, I present their first demand:

Jobs for ALL - A Massive Public Works and Public Service Program

We demand a massive public works and public service program with direct government employment at prevailing (union) wages paid for by taxing the rich and corporations, by immediately ending all of America's wars, and by ending all aid to authoritarian regimes to create 25 million new jobs to:

  • Expand education: cut class sizes and provide free university for all;
  • Expand healthcare and provide free healthcare for all (single payer system);
  • Build housing, guarantee decent housing for all;
  • Expand mass transit, provided for free;
  • Rebuild the infrastructure—bridges, flood control, roads;
  • Research and implement clean energy alternatives; and
  • Clean up the environment.
  • These jobs are to be open to all, regardless of documentation/immigration status or criminal record.

Read more.

After sifting through the standard ultra-progressive nonsense, one can pull out some interesting numbers.  To pay for 25 million jobs at the median union salary, you’re going to have to come up with about $1.194 trillion.  That is about 25% more than the entire income tax currently brings in.   It also would add more than 1/3rd to our already completely bloated budget.

To put it another way, the very first proposal from Occupy Wall Street would cost around 50% more than Medicare and Medicaid combined, which is currently our largest expense.

But they say it’s paid for…right?  How? It’s simple!

The cost of the plan is $1.192 trillion.

First, get rid of those evil wars: savings $171 billion.

Then, end all “aid to authoritarian regimes.”  I’m not exactly sure what Occupy Wall Street considers an “authoritarian regime” (with the exception of Israel…I’m pretty sure they don’t like Jews that much).  But let’s be generous and say they think EVERY country we give aid to is authoritarian.  Safe bet, right?  That saves us a hefty $49 billion.

What’s left?  Only $972.1 billion!  That’s it!  That’s still more than the entire income tax brings in every year...but don’t think about that too hard.  How do we close that gap?  With an unspecific plan of “taxing the rich and corporations.”

At this point, the idea becomes so ridiculously stupid, it’s impossible to seriously model.  You would have to jack up the tax rates so high to bring in that kind of cash, the entire economy would shut down.  (See Curve, Laffer.)   But, let’s assume that a doubling of the tax rates would bring in twice as much money.  It wouldn't, but let's do it anyway to humiliate them.

You have a choice—you can either:

a)      Raise income tax rates from 35% to 114%.

b)      Raise corporate income tax rates from 35% to 148%.

c)       Raise both income tax AND corporate tax rates from 35% to 82%.

Of course, both A and B are literally impossible—but C is something that this crowd would seriously consider.  They pine for the days when evil rich people dumped 90%+ of their cash to the federal government.  It’s happened before—in the 1940’s and 1950’s--reaching a peak of 94% in 1944-45.  For every year from 1936 to 1981 the top income tax rate was over 70%.  Fabulous!

There’s just one problem—this only covers the salaries for these new jobs. It doesn’t cover the free college education for all.  It doesn’t cover the free “single payer” health care for all.  It doesn’t cover any of the raw materials for the “guaranteed decent housing for all” or “bridges, flood control, roads” etc.  The point is, even if you assume that no additional people would go to college when it started being free, and no one would stop paying for their health care when it was available for free---you’d still have to raise both tax rates to about 114%.  That means for every $1 you earned, you’d have to pay $1.14 in taxes.

It might just be time to occupy the calculator aisle at Staples.

Eric Weinstein, managing director of investment firm Thiel Capital and host of "The Portal" podcast, is not a conservative, but he says conservative and center-right-affiliated media are the only ones who will still allow oppositional voices.

On "The Glenn Beck Podcast" this week, Eric told Glenn that the center-left media, which "controls the official version of events for the country," once welcomed him, but that all changed about eight years ago when they started avoiding any kind of criticism by branding those who disagree with them as "alt-right, far-right, neo-Nazi, etc.," even if they are coming from the left side of the aisle. But their efforts to discredit critical opinions don't stop there. According to Eric, there is a strategy being employed to destroy our national culture and make sure Americans with opposing views do not come together.

"We're trifling with the disillusionment of our national culture. And our national culture is what animates the country. If we lose the culture, the documents will not save us," Eric said. "I have a very strongly strategic perspective, which is that you save things up for an emergency. Well, we're there now."

In the clip below, Eric explains why, after many requests over the last few years, he finally agreed to this podcast.

Don't miss the full interview with Eric Weinstein here.

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Glenn Beck: Why MLK's pledge of NONVIOLENCE is the key to saving America

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Listen to the Rev. Dr. Martin Luther King Jr.'s pledge of nonviolence and really let it sink in: "Remember always that the nonviolent movement seeks justice and reconciliation — not victory."

On the radio program, Glenn Beck shared King's "ten commandments" of nonviolence and the meaning behind the powerful words you may never have noticed before.

"People will say nonviolent resistance is a method of cowards. It is not. It takes more courage to stand there when people are threatening you," Glenn said. "You're not necessarily the one who is going to win. You may lose. But you are standing up with courage for the ideas that you espouse. And the minute you engage in the kind of activity that the other side is engaging in, you discredit the movement. You discredit everything we believe in."

Take MLK's words to heart, America. We must stand with courage, nonviolently, with love for all, and strive for peace and rule of law, not "winning."

Watch the video below for more:

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Conservatives are between a rock and a hard place with Section 230 and Big Tech censorship. We don't want more government regulation, but have we moved beyond the ability of Section 230 reforms to rein in Big Tech's rising power?

Rachel Bovard, Conservative Partnership Institute's senior director of policy, joined the Glenn Beck radio program to give her thoughts and propose a possibly bipartisan alternative: enforcing our existing antitrust laws.

Watch the video below:

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Dan Bongino, host of The Dan Bongino Show, is an investor in Parler — the social media platform that actually believes in free speech. Parler was attacked by Big Tech — namely Amazon, Apple, and Google — earlier this week, but Bongino says the company isn't giving up without a fight. In fact, he says, he's willing to go bankrupt over this one.

Dan joined Glenn Beck on the radio program to detail what he calls a "smear" campaign behind the scenes, and how he believes we can move forward from Big Tech's control.

"You have no idea how bad this was behind the scenes," Dan told Glenn. "I know you're probably thinking ... well, how much worse can the attack on Parler have gotten than three trillion-dollar companies — Amazon, Apple, and Google — all seemingly coordinated to remove your business from the face of the Earth? Well, behind the scenes, it's even worse. I mean, there are smear campaigns, pressure campaigns ... lawyers, bankers, everyone, to get this company ... wiped from the face of the earth. It's incredible."

Dan emphasized that he would not give up without a fight, because what's he's really fighting for is the right to free speech for all Americans, regardless of their political opinions, without fear of being banned, blacklisted, or losing jobs and businesses.

"I will go bankrupt. I will go absolutely destitute before I let this go," he said. "I have had some very scary moments in my life and they put horse blinders on me. I know what matters now. It's not money. It's not houses. It's none of that crap. It's this: the ability to exist in a free country, where you can express your ideas freely."

Watch the video below to hear more from Dan:

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