The Coming “Socialist Wave” – NRA

You heard it here first, comrades!

On Tuesday night we posted, Karl, The Comeback Kid?

We intended to point out  what may be coming over the next decade as job-destroying automation through artificial intelligence and robotics accelerates and drives the younger generation to the unemployment line and further political left.

While everyone is looking right at the rise of populist nationalism, they’re about to be hit with a 2×4 in the face from the left.   Called for the them to Wake The F.  Up.

Our recommendation to the one percenters and the comfortably numb retired baby boomers, who have bequeathed to and saddled the younger generations with massive pension and public sector debt liabilities?

You better Wake The F&*k Up!  – Global Macro Monitor

We do not mean the hard left socialism of Cuba and Venezuela but the softer gentler Nordic kind, as in Denmark, Norway, and Sweden.   That is capitalism with a vast and wide social safety with higher taxes.  Think Bernie Sanders.  

The swing left, in our opinion, will be the culmination of the Clash of Generations, when millennials wake up and realize they have been screwed.

No political statement, no agenda, just an observation and inference from the data.

Today’s NRA Rant

Now, others are jumping on the Comeback Karl train but with an agenda, however.




The head of the NRA, Wayne LaPierre, unleashed a tirade today at the Conservative Political Action Conference (CPAC) warning of a “socialist wave” that is coming as a result of the Florida high school shooting.

NRA Leader Warns Conservatives Of ‘Socialist Wave’ In Wake Of Shooting

Just over a week after 17 people were killed at Parkland, Fla., high school, National Rifle Association executive vice president and CEO Wayne LaPierre gave a fiery, defiant speech at the annual Conservative Political Action Conference, or CPAC, on Thursday at the National Harbor in Maryland. LaPierre defended Second Amendment rights and warned of a “socialist agenda” intended to strip firearms away from law-abiding citizens.  – NPR

We call red-baiting.  We call utter bullshit.

Red-baiting, also reductio ad Stalinum, is an informal logical fallacy that intends to discredit the validity of an opponent’s logical argument by accusing, denouncing, attacking, or persecuting an individual or group as  communistsocialist, marxist  or anarchist, or sympathetic toward communism, socialism, marxism or anarchism. In the United States, the term “red-baiting” dates from at least 1927. In 1928, black-listing by the Daughters of the American Revolution was characterized as a “red-baiting relic”. It is a term commonly used in the United States, and in United States history, red-baiting is most often associated with McCarthyism, which originated in the two historic Red Scare periods of the 1920s (First Red Scare) and 1950s (Second Red Scare).  In the 21st century, red-baiting does not have quite the same effect it previously did due to the fall of Soviet-style Communism but some pundits have argued that notable events in current American politics indicate a resurgence of red-baiting consistent with the 1950s. – Wikipedia

Dog whistling to conflate Stalinist communism with the lefty leanings of the younger generation to scare and manipulate the body politic or to “shore up the base” is such nonsense and wouldn’t matter if it didn’t.

What else would you expect in our new age of McCarthyism?  Where gaslighting,  from both the right and the left, is the new tool of political persuasion.

Welcome back, Karl.  It has been awhile.

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4 Responses to The Coming “Socialist Wave” – NRA

  1. Anonymous says:

    It is socialism that has straddled the next generation with debt the double whammy of SS and Medicare which were pure socialism never financially sound from the day they were signed into law. Even FDR’s treasury secretary Morgenthau and his appointee Witte who headed the committee to create SS warned him it would leave large unfunded liabilities for future generations.

  2. agbook says:

    Statism, central banking/paper money, and stifling entitlements are the real hindrances to capital accumulation and prosperity. If millennials think more government intervention is the answer, they are in for a sad ending. Only economic freedom delivers prosperity and the goods. Even Eduard Bernstein grappled with this fact.

  3. Anonymous says:

    “We do not mean the hard left socialism of Cuba and Venezuela but the softer gentler Nordic kind.”

    There is only one kind; the Nordic states are not (yet) socialist.

  4. Jack Ma of Alibaba predicted that by 2045 Artificial Intelligence algorithms would make smarter decisions than corporate executives. Only when that happens will socialism make sense. There will be a call to redistribute the wealth created by robots since, of course, robots will continue to innovate regardless of how much they are taxed. Only when most of the wealth in the world is generated by machines, redistribution will make sense.

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