Friedman Pushes Socialist Price Controls – It’s Coming

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New York Times columnist, Thomas L. Friedman was on Squawk Box once again preaching socialist oil and gas price controls.

It’s coming and it will be devastating. It’s pure socialism.

Watch:

‘The price of oil and the price of freedom always move in opposite directions in oil rich ‘petrolist’ states. The higher the average global crude oil prices rise, the more free speech, free press, free and fair elections, an independent judiciary, the rule of law, and independent political parties are eroded,” Friedman has said.

Could he be any more dramatic or more wrong? Price controls do the exact opposite as we know from history and in real time – take Venezuela and Cuba for example.

Democrat policies are destroying our energy sector and causing prices to soar. They then blame the gas and oil companies for the problems they created. They don’t like our energy sector and they don’t like capitalism which is why they are now promoting ESG.

ESG is another way to destroy our oil and gas industry while alternative energy is not yet ready for market and wholly dependent on China for materials. Did you know that wind turbines can’t be recycled? Democrats won’t even embrace nuclear energy – the true clean energy.

They want our money:

Democrats are pushing us into recession by manufacturing crises and promoting war.

The other Mr. Friedman, the intelligent late Milton Friedman spoke about wage and price control — it doesn’t work and it’s a cure that is worse than the disease.

He saw price controls as deeply and inherently immoral. By substituting the rule of men for the rule of law and for voluntary cooperation in the marketplace, the controls threaten the very foundations of a free society.

A better idea is to stop spending on welfare and payoffs, cut the budget, stop printing fake money, allow our energy sector to grow, stop sending all our manufacturing abroad, and raise the interest rates as high as possible, over the prevailing inflation rate if possible.
Watch:


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The Prisoner
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The Prisoner
1 year ago

Friedman is a consummate opportunist, following establishment nonsense to get ahead. His only success it to make so much money and be so well known without any skills. His degrees in Mediterranean and Arabic studies qualify him for nothing, but he speaks a lot about, and knows nothing about, economics and science (global warming), making millions over it.

Part of the destruction of the USA involves convincing the public that the people who are destroying us are trying to help us. Hence things like price controls (and emptying the federal oil reserve) are topics. Friedman is happy to join in, writing supporting articles in high circulation publications.

GuvGeek
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GuvGeek
1 year ago

Everything Government touches turns to horse manure. The free market is what made America the greatest country in History, not Government Central planning. Market forces are far better at determining when we should transition to other sources of energy. The free market will do it efficiently and select the best options.

Traitor Joe has destroyed the economy because he and a few friends think they are smarter than 330,000,000 Americans collectively. What a bunch of self absorbed pompous Jackasses.

Look at the mess places like California are in because of Government Energy Planning. Look at the Mess the Government has created in dealing with SARS-Cov-2. The only smart thing Government did in my life time was put men on the moon. The science created for that endeavor was huge.

The Prisoner
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The Prisoner
1 year ago
Reply to  GuvGeek

Biden is a valueless person, sells himself to the devil (globalist leftists) to get his reward of power.

When we went to the moon, private corporations did all the designing. I should mention that Biden wants to put women of color on the moon.