Host Neal Asbury opened his nationally syndicated “Neal Asbury’s Made in America” show on Radio America (now on 70 stations) by recapping the Democratic debate where the candidates were all asked whether they believed in capitalism. Characterizing Bernie Sanders as “Comrade Bernie,” Neal marveled how anyone can buy into Bernie’s plan to simply give money to anyone who needs it, rather than work on ways to create wealth.
“According to Comrade Bernie, rich people and banks are the scourge of the country,” remarked Neal.
The first guest on Made in America was Phil Kerpen from American Commitment, who proposed that health insurance premiums are rising because of Obamacare; and they will rise even higher next year. This could be a political and logistical disaster for Democrats since they wrote the law.
“But rather than admit their law is too restrictive and damaging to the economy, Democrats and their insurance industry allies had decided on a cynical strategy; scapegoating drug companies,” related Kerpen.
Kerpen warned that Democrats are orchestrating this strategy by allying with people like Marilyn Tavenner, who moved to the health insurance industry’s lobbying group to pilot the coordinated campaign, while top insurance industry executive, Andy Slavitt, has been nominated to replace her as the “Obamacare boss.” This is not a deterrent for Hillary Clinton since she has deep ties to the health industry.
“While the Democrats are busy attacking drug companies for rising healthcare costs, the truth is that since 2005, drug costs have been going down. Putting price controls on drug companies is dangerous because it will impact R&D and the ability to create the cures for many of today’s major diseases. We need to stop Andy Slavitt’s nomination,” maintained Kerpen.
The conversation turned to Donald Trump’s description of Bernie Sanders as a “socialist/communist,” which prompted Neal to ask how anybody can follow Bernie Sanders’ approach.
“He even had his honeymoon in the Soviet Union,” quipped Neal.
Co-host Dr. Rich Roffman proposed that the country is in La La Land if they think Bernie’s approach to giving everything away is the answer to fixing our economy.
“We have experienced anemic growth, and the Obama solution is to rely on growing unions to create jobs! That’s ridiculous. That’s’ why 73% of the country thinks that we’re going in the wrong direction. Meanwhile Bernie is sprouting Marxist doctrine. Has he never watched the film Doctor Zhivago? It doesn’t work,” proposed Dr. Roffman.
The next guest, Fred L. Smith, Jr., the founder of the Competitive Enterprise Institute, and currently the Director of CEI’s Center for Advancing Capitalism, returned to Made in America.
“Bernie Sanders doesn’t believe in capitalism. He completely ignores the fact that America is the only country in the world that lets anyone start and grow their own business. Capitalism created the middle class. But Hillary Clinton only supports businesses as long as they aren’t successful. She subscribes to ‘sustainable stagnation,’ highlighting the Democratic Party’s distorted view of America’s tradition for supporting entrepreneurship. She puts no faith in the Federal Reserve, but wants to give money away, moving ever closer to Bernie Sanders’ socialist ideas,” noted Smith.
Smith was very disappointed that the economy did not come up during the Democratic debate; but added that it really didn’t come up during the Republican debates either.
“The last thing we need is to continue to pass high taxes and continue the regulatory onslaught. It’s tragic what we’ve done to wealth creation,” concluded Smith.
The final guest on Made in America was Michael Bastasch from the Daily Caller, whose recent piece “Real Winner of War on Coal is George Soros” has created quite a stir.
Bastasch contends that after Obama’s EPA announced sweeping regulations for U.S. power plants, forcing them to drastically reduce carbon dioxide emissions 32 percent by 2030, the news sent shockwaves through the coal industry. Stocks tanked forcing the industry’s two biggest players to consider bankruptcy filings.
“That’s where liberal billionaire Soros steps in. In the days after the Clean Power Plan was announced, Soros bought more than 1 million shares of Peabody Energy and 553,200 shares of Arch Coal — the country’s two biggest publicly-traded coal companies. Ironically, these companies were on their knees because the Obama administration regulated them out of business. So in steps Obama crony George Soros, who buys the stocks up cheap, scrubs them so they are clean, in anticipation of exporting them to countries that need coal and will pay top dollar,” maintained Bastasch, who added that oil and gas stocks will follow suit as EPA buries them in regulations.
“Obama uses the long arm of the law to punish people they don’t like. They let loose the EPA, IRS and environmental groups to go after fossil fuels for political reasons. They then will make millions on the stocks and the money will go back to the Democrats and their cronies,” predicted Dr. Roffman, who labeled it a big Ponzi scheme.
Each week Neal Asbury’ Made in America provides Neal’s insights into the week’s top news stories and their impact on the worlds of entrepreneurship, small business ownership and the overall economy. Neal’s analysis, together with co-host Dr. Richard Roffman, a veteran 30-year publisher with extensive domestic and international experience, takes a non-biased approach based on real life experience in business as an American manufacturer and exporter. Made in America airs nationally each Saturday from 7-8:00 PM on Radio America. Link to Made in America at http://www.nealasburysmadeinamerica.com.
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