The Deneen and Walz issue in english

Hello, 

have you read about Patrick J. Deneen?

He was called "the new (US) right wing leading think tank" in the german newspaper "Freitag" (edit 17.8.24 it was somewhere else: https://jungle.world/artikel/2024/32/trumos-running-mate-jd-vance-rust-belt-silicon-valley-dj-vance-legt-auf).

I have partly read his new book "Regime Change" now.

He is for a mixed constitution of oligarchy and democracy for the conservative common good.

That's like Buchanan's plans without errors.

Buchanan wanted, more or less, just to make it impossible for the democratic government, to tax the rich.

But sometimes you need taxpayers money to bail out companies that are in trouble in common crises. Maybe you could use MMT-Stuff over the central bank. But the central bank is independent and if you where strict indivual like Buchanan you would try to avoid such actions, too.

With Buchanan the smart riches would be unable to tax enough of the not so smart riches, too.

In Deneens mixed system they could just cut off democratic wealth access options, but keep that option for the riches by their common good elite or majority.

Deneen debugged Buchanan. Bail out with tax money would now be possible for the oligarchs.

And this is why Tim Walz's no bail out voting history could be a large problem for the us democrates or for the USA if he ever will be president and still is for no bailing out, and even not for MMT-Stuff.

On the Wikipedia site of Walz you can read this, since 2014:

During the economic crisis in 2008, Walz repeatedly spoke out against using taxpayer money to bail out financial institutions; in late September, he voted against the $700 billion TARP bill, which purchased troubled assets from these institutions.[81] Walz released a statement after the bill's passage, saying, "The bill we voted on today passes the buck when it comes to recouping the losses taxpayers might suffer. I also regret that this bill does not do enough to help average homeowners, or provide sufficient oversight of Wall Street."[82] For the same reasons, in December 2008, he voted against the bill that offered $14 billion in government loans to bail out the country's large automobile manufacturers.[83]

I think it is really common sense now that there is a domino effect when you let large companies go bankrupt in a general crisis.

The fair-pro Harris/ US democrates team should really have a look at this and defuse it in a way retain/maintain/relative conservative oriented voters can see it. Before voting day.

Regards,
Thomas Hinkelmann
rkslp.org