The Town of Cape Charles has applied for Virginia Department of Housing and Development (DHCD) is offering a Community Block Grant (CDBG) to Destination Marketing Organizations in order to provide relief from the impact of the COVID-19 pandemic.
The town is requesting $845,115.00.
The Town of Cape Charles is partnering with Cape Charles Main Street to apply for the CDBG grant and use any funding received to provide assistance for the Cape Charles business community for expenses such as
rent/mortgage relief, reopening expense relief to help cover required equipment and supplies, possible technology upgrades to allow for hands-free point-of-sales systems.
Do you think they will put it in the freezer and skim it?
Do you think they will publicly thanks all Americans for providing the loan?
No, they think it comes from the Government, which cannot give or loan you something that they did not take for someone else.
Socialism saves Capitalism once again! Government bail out money is socialism.
We haven’t had capitalism, an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state, in this country in a long, long time, Jason.
Capitalism is an economic system in which private individuals or businesses own capital goods.
The production of goods and services is based on supply and demand in the general market — known as a market economy — rather than through central planning — known as a planned economy or command economy.
We have a planned economy, where the planning is done by the federal reserve.
What we do have is privatization of profits for the ONE PERCENT who are serviced by the federal reserve which is their creature, while losses are socialized.
As you probably already know, prominent among critiques of capitalism are accusations that capitalism is inherently exploitative, unsustainable and creates economic inequality, is anti-democratic and leads to an erosion of human rights while it incentivizes imperialist expansion and war.
Because it is unsustainable, it now is being kept alive, like a Zombie, by continual cash infusions from the federal reserve.
That is what you are calling socialism, and perhaps in the end, it is.
I call it desperation, myself.
Gub-mint money is our money. You bought their bullsh1t…hook, line, and sinker, to make such an ignorant comment.
Socialism does not ever save capitalism, Jason.
Socialism replaces capitalism as an intermediate step to communism.
Don’t you recall any of this from your 7th grade civics class?
Have you forgotten that Vladimir Ilyich Ulyanov, better known by his alias Lenin, the Russian revolutionary, politician, and political theorist who served as head of government of Soviet Russia from 1917 to 1924 and of the Soviet Union from 1922 to 1924 under whose administration, Russia and then the wider Soviet Union became a one-party Marxist–Leninist state governed by the Russian Communist Party, and who ideologically a communist and developed a variant of Marxism known as Leninism, campaigned for the First World War to be transformed into a Europe-wide proletarian revolution, which as a Marxist he believed would cause the overthrow of capitalism and its replacement with socialism?
Surely you cannot have forgotten the admonishments of John Maynard Keynes, 1st Baron Keynes, the British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments in his work titled “Economic Consequences of the Peace” (1919), wherein he said:
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency.
By a continuing process of inflation, governments can confiscate, secretly and unob- served, an important part of the wealth of their citizens.
By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some.
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Are you hearing what Keynes and Lenin are saying there, Jason?
All this “gubbint” money being poured out by Nancy Pelosi and the Democrats to the tune of $TRILLIONS is doing the work of Lenin, and his heading us down the road to socialism, as Lenin said, by debauching or devaluing our currency.
Going back to Keynes, he agreed with Lenin that inflation has the potentiality of destroying the basis of capitalist society:
Lenin was certainly right.
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
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Beware what you cheer for, Jason, for the future is right now!