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Top Socialist Economist Says He’s Been Working With Democrats & Obama “For A Long Time”
Gateway Pundit ^ | April 18, 2014 | Patch W. Adams

Posted on 04/18/2014 9:34:25 PM PDT by 2ndDivisionVet

Have you ever wondered why the Obama Administration’s plans for improving the U.S. economy always seem to fall flat? It just might have something to do with the fact that the Obama Administration has been working with someone who doesn’t like capitalism.

According to an article on France24.com, a well known economist who isn’t fond of capitalism, but promotes Socialism, has been working with the Democrats and the Obama Administration “for a long time”:

In his latest book, French economist Thomas Piketty warns that modern-day capitalism leads to unsustainable levels of inequality. While he is often linked to France’s Socialist Party, his writings have made him unusually popular in the US.

Thomas Piketty’s “Capital in the Twenty-First Century” has only just been translated into English – several weeks ahead of schedule, due to popular demand – and the New York Times’s star columnist Paul Krugman has already described it as “the most important economics book of the year — and maybe of the decade”.

The French economist’s current US book tour is turning into something of a red carpet event. So far this week, he has met the White House’s Council of Economic Advisors as well as Treasury Secretary Jacob Lew.

“The Democratic Party, especially the Obama administration, has been in contact with us and using our findings for a long time,” Piketty told AFP in Washington.

Well, we all knew Obama was a socialist since he was elected.

Remember Joe the Plumber?

(VIDEO-AT-LINK)

Now we know he’s been getting advice from international socialists.

What a shock.


TOPICS: Business/Economy; Culture/Society; Government; Philosophy
KEYWORDS: economy; inequality; nakedcommunist; obama; obamaeconomy; obamalegacy; obamanomics; obamunism; socialism

1 posted on 04/18/2014 9:34:25 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

“....Obama Administration’s plans for improving the U.S. economy....”

.
This must be only a rumor.


2 posted on 04/18/2014 9:40:21 PM PDT by 353FMG
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To: 2ndDivisionVet

...and so, the age of arrogant ignorance continues. May we survive the savagery to come, and pass.


3 posted on 04/18/2014 9:41:28 PM PDT by RedHeeler
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To: 2ndDivisionVet

How can an economist not see the down side of socialism?


4 posted on 04/18/2014 9:43:42 PM PDT by doc1019
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To: 2ndDivisionVet
"In his latest book, French economist Thomas Piketty warns that modern-day capitalism leads to unsustainable levels of inequality."

Obama's policies have resulted in greater inequality.

Full employment reduces inequality, because it creates upward wage pressure.

5 posted on 04/18/2014 9:44:28 PM PDT by DannyTN
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To: 2ndDivisionVet

The economist must work for our enemies because all of his recommendations seem to be derived from Cloward-Piven principles because they are destroying us better than any foreign military ever could


6 posted on 04/18/2014 9:45:31 PM PDT by jsanders2001
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To: jsanders2001

The economist must work for our enemies because all of his recommendations seem to be derived from Cloward-Piven principles and are destroying us better than any foreign military ever could


7 posted on 04/18/2014 9:46:35 PM PDT by jsanders2001
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To: 2ndDivisionVet

Wonder if he want’s to handle my wand?


8 posted on 04/18/2014 9:47:40 PM PDT by FreeperCell
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To: 2ndDivisionVet

Never heard of this particular frog, but it doesn’t surprise me since such luminaries as Pol Pot made their grand plans while in Paris.


9 posted on 04/18/2014 9:48:02 PM PDT by SpaceBar
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To: 2ndDivisionVet

Obama did say he’s aware tax decreases would produce more revenue to the govt but what’s more important is spreading Fairness above all.


10 posted on 04/18/2014 9:52:34 PM PDT by RginTN
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To: doc1019
In his latest book, French economist Thomas Piketty warns that modern-day capitalism leads to unsustainable levels of inequality.

We have capitalism today? Really? Banking is controlled by the FED and its member banks, with TARP and QE the order of the day. Over 50% of medical expenditures are made by government. Government controls housing and real-estate loans. Government regulations control energy, agriculture, education and a host of other sectors of the economy. In Europe, most economies government expenditure is >50% of GDP.

And this clown wants to blame "Capitalism" for inequality????

11 posted on 04/18/2014 9:54:24 PM PDT by PGR88
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To: PGR88

You are correct in that we are fooling ourselves if we think this is a level playing field free-market economy. The first part about getting help is admitting the problem.


12 posted on 04/18/2014 10:00:30 PM PDT by SpaceBar
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To: 2ndDivisionVet
The New Marxism
13 posted on 04/18/2014 10:04:40 PM PDT by smokingfrog ( sleep with one eye open (<o> ---)
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To: smokingfrog; All

The action-proven purpose of the US Obama Federal Government is to destroy all private enterprises, and then confiscate all that the all-talk-and-no-action, doormat Republicans in Congress will allow them to.

Feudal Lord Reid and his Outlaw Rustler Gang recent raid on Nevada Rancher Bundy’s Ranch have made that transparently clear, beyond a “smidgen” of doubt!

BTW, what has the US Federal Government ever confiscated, Nationalized or otherwise controlled that has ever made a profit?

BTW, BTW, how much more Permanent Debt, confiscation, Nationalization and otherwise control does the Obama Federal Government have to do to qualify the United States of America as an Official Third World Country?


14 posted on 04/18/2014 10:06:38 PM PDT by Graewoulf (Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
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To: SpaceBar

Pol Pot, Ho Chi Min, John Kerry and many others...


15 posted on 04/18/2014 10:07:13 PM PDT by 2ndDivisionVet (I will raise $2M for Cruz and/or Palin's next run, what will you do?)
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To: 2ndDivisionVet

Are we finally going to get a peek at the shadowy cabal of leftistgs who snuck Obama into office?


16 posted on 04/18/2014 10:19:49 PM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: 2ndDivisionVet

There is absolutely nothing unsustainable about inequality.

What is unsustainable is tyranny.


17 posted on 04/18/2014 10:23:48 PM PDT by Arthur McGowan
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To: 2ndDivisionVet

gee, a socialist who is critical of capitalism. wonders never cease. rain is wet, too.


18 posted on 04/18/2014 10:43:39 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: 2ndDivisionVet
Top Socialist Economist Says He’s Been Working With Democrats & Obama “For A Long Time”

I'm shocked, SHOCKED!!!

19 posted on 04/18/2014 10:44:10 PM PDT by AnalogReigns (Real life is ANALOG!)
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To: 2ndDivisionVet

And this is surprising how?


20 posted on 04/18/2014 11:12:32 PM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: 2ndDivisionVet

Obama’s a Marxist?

There’s a shocker.

That’s probably why he’s so intent on transforming the United States into a carbon copy of the old (and failed) Soviet Union.

Join the queue, Comrades, and get your new carboard shoes; and if you’re lucky, maybe a bit of sausage this month.


21 posted on 04/19/2014 1:44:14 AM PDT by Jack Hammer
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To: Jack Hammer

Sausage is First Month only! Extremely special chits required, by voting status, afterwards. Please be a good citizen!


22 posted on 04/19/2014 1:49:57 AM PDT by RedHeeler
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To: DannyTN
"In his latest book, French economist Thomas Piketty warns that modern-day capitalism leads to unsustainable levels of inequality." Obama's policies have resulted in greater inequality. Full employment reduces inequality, because it creates upward wage pressure.

If said inequality is truly unsustainable, it would seem that all they have to do is sit back and watch it collapse on itself...

23 posted on 04/19/2014 3:48:32 AM PDT by trebb (Where in the the hell has my country gone?)
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To: 2ndDivisionVet
Top Socialist Economist Says He’s Been Working With Democrats & Obama “For A Long Time”

Thus the "quality" of the obama FAIL is explained...

24 posted on 04/19/2014 4:56:33 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: 2ndDivisionVet
In his latest book, French economist Thomas Piketty warns that modern-day capitalism leads to unsustainable levels of inequality.

It could be argued that the same is true of communism and most monarchies, especially if by "unsustainable" the author means "unpopular."

25 posted on 04/19/2014 5:13:39 AM PDT by Pearls Before Swine
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To: 2ndDivisionVet

It’s more than socialism being practiced in Europe, it’s a virulent form of European fascism. It hasn’t slipped into NWO Nazism yet, but give it time.


26 posted on 04/19/2014 5:31:03 AM PDT by sergeantdave
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To: 2ndDivisionVet

“Remember Joe the Plumber?”

Vaguely.
Oh yes, now I remember.
That was the cue for all the journalists to ask B0 pointed questions about his favorite economists, authors, economic and fiscal theories, as well as his vision for what an economically transformed America would look like.


27 posted on 04/19/2014 6:57:32 AM PDT by Zuse
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To: 2ndDivisionVet

France’s Socialist Party
We know how well that worked out but Obama loves it he has a lot of hate for the west note his every action to place it in danger.


28 posted on 04/19/2014 7:24:51 AM PDT by Vaduz
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To: trebb
If said inequality is truly unsustainable, it would seem that all they have to do is sit back and watch it collapse on itself...

Actually the premise is probably flawed. I can think of countries that have extreme inequality that has been sustained for decades. But they aren't wealthy countries. Excessive inequality makes for big fish in small ponds. But equality should never be our goal. Wealth creation and full employment should be our goals.

29 posted on 04/19/2014 8:42:54 AM PDT by DannyTN
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To: 2ndDivisionVet

We need people to get on these shows and attack the premise. equality may sound good but is not desirable. We want wealthier successful people that will hire poorer people. We also need less regulation so more poorer people can become wealthier people.


30 posted on 04/20/2014 8:22:06 AM PDT by plain talk
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To: 2ndDivisionVet

The six contradictions of socialism in the United States of America:

1. America is capitalist and greedy - yet half of the population is subsidized.

2. Half of the population is subsidized - yet they think they are victims.

3. They think they are victims - yet their representatives run the government.

4. Their representatives run the government - yet the poor keep getting poorer.

5. The poor keep getting poorer - yet they have things that people in other countries only dream about.

6. They have things that people in other countries only dream about - yet they want America to be more like those other countries.

That, my friends, pretty much sums up the USA in the 21st Century.

Get out and vote and set this country back on its course!


31 posted on 04/22/2014 7:55:18 AM PDT by Grampa Dave ( Herr Obama cannot divert resources from his war on Americans!)
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To: 2ndDivisionVet

The six contradictions of socialism in the United States of America:

1. America is capitalistic and greedy - yet half of the population is subsidized.

2. Half of the population is subsidized - yet they think they are victims.

3. They think they are victims - yet their representatives run the government.

4. Their representatives run the government - yet the poor keep getting poorer.

5. The poor keep getting poorer - yet they have things that people in other countries only dream about.

6. They have things that people in other countries only dream about - yet they want America to be more like those other countries.

That, my friends, pretty much sums up the USA in the 21st Century.

Get out and vote and set this country back on its course!


32 posted on 04/26/2014 8:22:58 AM PDT by Grampa Dave ( Herr Obama cannot divert resources from his war on Americans!)
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