Tuesday, August 02, 2016

Black Lives Matter and 401ks

The Black Lives Matter movement or organization released their blackmail list of demands. Per the media, what started off as an organic response to black men killed by the police has magically turned into a political movement for social justice with a black hue. The demands are laughable as they are rather ridiculous, and no doubt they will get watered down to upticks in government spending or slight modifications to the tax code or where government spending goes. No real problem will be addressed and black misery will continue.


This essay is a message to the 401k crowd, especially its white members. Pay attention to one note in their demands that they aim for a restructuring of the local, state and federal tax code for a more radical and sustainable distribution of wealth. Long ago, Henry Sumner Maine wrote how democracy relied on bribing voters and the wire pullers who could get the voters to the booth to vote correctly. He predicted that as the franchise extended and political bodies grew, this would be replaced by changing the tax code to rob from one to distribute to the other.


The 401k crowd are the comfortable, mostly if not entirely white people that do not see the future, voice displeasure at the status quo but don't want to radically change it, and definitely do not want to vote for icky Donald Trump. Hillary is a lesser evil to them, forget actual policy platforms or stated aims and goals. They know it is corrupt. They see the writing on the oligarch controlled wall. These voters really don't like the system but gosh, if something is done, won't it mess with their 401k? Shucks, what if it drops 30-50%?


Say the rapefugees don't arrive. Say they shut the door on immigration. Here is what will happen to your 401k. Confiscation. Not outright confiscation and redistribution to regime allies that is straight out of the old school communist playbook. This would be dressed up in the gobbledy-gook of academia as a "white privilege" tax levy on accumulated wealth. It could be progressive too, so as to only hit citizens with decent savings, don't want to boil the frog too quickly, eh 401k crowd? Maybe 5% on amounts over 50K, 10% on amounts over 100K and 25% on amounts over 250K. Due to the demographics of who saves in 401ks this is nearly a perfect who-whom for the Left. They don't even have to call it a white privilege tax but a deferred wealth tax with an extremely low hurdle.


Nothing you can do. After all, you voted for it. Good thing you didn't upend the system or try something new. Shucks, your 401k might've dropped 25%.

11 comments:

Angry Midwesterner said...

I always wonder if I am better off burying money, but hey, cash is going to be illegal at one point. The joke is, Trump is the kind of guy that will save my retirement savings despite his disgust with Wall Street shenanigans.

Random Dude on the Internet said...

Funny you bring this up because this was a conversation I had with coworkers who are conservative but are going for Clinton or Johnson. It all came down to MUH 401K. They don't care what happens as long as they get at least a 10% rate of return. They don't care what goes behind it, they just want it to keep going.

Son of Brock Landers said...

Random Dude, Very aggravating. What good is your 401k if the Cartels run your town or Muslim grooming gangs are preying on girls walking alone? Its homo economicus at its most disgusting.

Anonymous said...

Lots of 401k types still believe they can carve out a safe space for themselves and their children, if they have any. I live in the NE and once they reach retirement age they move South - NC, SC, FL - looking for lower taxes and a whiter environment - they wouldn't say "whiter" but it is what it is. Many of these same people send their kids out of state to college - frequently to the better Southern schools, think Chapel Hill.

They have little sense of loyalty to place or people. Fuck um.

Liv said...

Everything in their demands points to the reduction of policing so that there is less safety and more crime. Why is that a good thing? If you get shot by the police, you were not doing what the police told you to do. So many crimes go unpunished. So many, and you want to reduce police? Please. If they want to live in a lawless, crime-ridden place, they can go to a place where they'll be surrounded by people of their own race, so that we can be spared from this barbarism.

Random Dude on the Internet said...

It is aggravating because these people don't really care. It's a common cuckservative and libertarian belief that America is nothing more than a giant shopping mall and the only thing that matters is that they can buy cheap goods and that they can rely on a pile of money to consistently grow larger each year so they can run down to Florida or Arizona when they turn 65. No sense of community, in fact they revile it, which is why Trump's message is downright triggering to millions of middle management fathers in suburbs and exurbs across the nation.

If Trump is to win this fall, the white working class is going to have to step up. Otherwise get ready for eight years of Hillary. There will be a lot of "typical" neocon voters who will not be showing up to vote. Which is aggravating as well because for once, they're not the darlings of the Republican base. These people are little more than children who are pouting that they won't get their way, versus a giant working class base who has taken it in the shorts for the past few decades.

You're also right that the typical neocon voter is totally oblivious to what is going on around them and will be in for a rude awakening when their quiet neighborhood gets some new neighbors that make life uncomfortable for their sons and daughters.

Brett Jones said...

Trump represents evil:

http://www.slate.com/articles/news_and_politics/cover_story/2016/07/sexual_assault_case_involving_refugees_in_idaho_in_the_age_of_donald_trump.html


Robert What? said...

Say the rapefugees don't arrive. Say they shut the door on immigration. Here is what will happen to your 401k. Confiscation.,

I'm missing something: what does one have to do with the other?

Son of Brock Landers said...

Robert - EVEN IF the immigration bit ends, the leftist singularity will march on unless people reject leftism outright. Since our inner-outer party set up is an agent of international communism that has accepted 3rd worldism wholesale, race based redistribution will follow as the leftist profs seek new territory

grey enlightenment said...

they (the govt. ) will print money long before that happens

Laguna Beach Fogey said...

Eventually you realize that these White people aren't worth saving, that they probably won't make it through the coming wars.