Saturday, July 28, 2018

Dispatch 3: Alexandria Ocasio-Cortez Falls for Warren Buffet's Howdy Doody Act



Dispatch 3
From: The Committee to Flip Alexandria Ocasio-Cortez
To: Alexandria Ocasio-Cortez
Subject: Alexandria Ocasio-Cortez Falls for Warren Buffet's Howdy Doody Act
Prepared by: Robert Wenzel
Date: July 27, 2018

Alexandria Ocasio-Cortez recently appeared on "The Daily Show" where host Trevor Noah asked her how she was going to pay for all the free goodies she is promising to everyone. Her response included referencing Warren Buffett as though Buffett really wants to pay higher taxes, though he has used every tax dodge on the books his entire adult life. In other words, she is buying into Buffett's Howdy-Doody act to help support her socialist schemes.

Here's "The Daily Show" clip:

In response, I direct Cortez  to a September 2012  post here at EPJ:  Warren Buffett Totally Destroyed on His Supposed Tax Views.

Cortez specifically referenced on "The Daily Show," Buffett's complaint that his secretary pays a higher tax rate than he does. I addressed that specific complaint in a July 2011 post: Why Warren Buffett is a Failure at Tax Policy.

And here is some more math that Cortez  needs to think about: Exposed: Warren Buffett's Flaky Tax -the-Rich Proposal.

And since she threw out the fact that she met with a Nobel Prize-winning economist who filled her in on how to finance her central planning schemes, I am going to throw out the name of another Nobel Prize-winning economist, Friedrich Hayek, who wrote a book titled, The Fatal Conceit, where the fatal conceit is the view held by people like Cortez  who think they can plan out the entire economy.

Cortez should first read Hayek's book, the much easier to read, Road to Serfdom and then Conceit, to get a  "diversified" Nobel Prize winner perspective instead of just adopting the view of the first Nobel Prize winner she bumps into. To think that the first Nobel Prize-winner one bumps into is correct and no other views need to be considered is quite a conceited view in itself.

#CommitteeTo FlipAlexandriaOcasioCortez