Alexandria Ocasio-Cortez Quotes
You can’t earn a billion dollars. You just can’t earn that. You can get market power. You can break rules. You can do all sorts of things. You can abuse labor laws. You can pay people less than what they’re worth. But you can’t earn that, right?
AI Explanation: AOC is implying that in order for someone to make a billion dollars, they have to do something illegal or morally suspect. In other words, billionaires can’t get their wealth just by being lucky; they have to get it by being bad.
If there would be free competition in banking as opposed to monopolies in each area, This is the first major history of banks written in the United States. At the time, there was hardly any competition amongst banks. Each bank had a do facto or official monopoly in its area. In many communities of America, this is still true, but competition in banking has reached almost all high density areas of the country.
At the time many workers lived in housing owned by their employer. When the Pullman company had a labor dispute, they not only locked the workers out of their jobs but evicted them from their meager housing.
For many general government regulations—labor, environment, non discrimination—the small business has a proportionately heavier burden of compliance. So large businesses have always been able to count on small business to lobby against regulation and for deregulation. However, when it comes to financial regulation such as the Dodd-Frank regulations essentially apply to large businesses. As a matter of fact, small businesses were on many ways the most frequent victims of the large banks and investment bank excesses in the Meltdown of 2008. Before most of the regulations could even take effect, the financial industry was already trying to get small business to lobby to roll back the protective regulations preventing future meltdowns and bank failure resulting from loose regulation and greedy irresponsible financial industry behavior. The President campaigned to convince the small business not to support the finance industry over their usual “knee jerk” reaction to any regulation.
Despite this, he recommended that the average person should participate in some limited ways.
Many of the far left grew disillusioned with the British Labor Movement and how it was relating to the capitalist companies, the government, and the workers. The Unions had become very undemocratic and controlling with the government pressuring both labor and companies to the degree that many felt that the institutions themselves were no longer free institutions. Ironically, they preferred the open competition of the American system at the time where unions and companies were free to fight out their differences.
This statement during the First World War so frightened the Woodrow Wilson administration that they jailed Debs for saying it and other similar statements like {640245}. The statement was generally suppressed with few newspapers carrying it. The problem for the administration was that enlistments might decrease and force them to draft the wealthy and their sons which was, with very few exceptions, not acceptable to the “upper classes”.
Alexandria Ocasio-Cortez, also known by her initials AOC, is an American politician serving as the U.S. Representative for New York's 14th congressional district since 2019. The district includes the eastern part of the Bronx, portions of north-central Queens, and Rikers Island in New York City. She is a member of the Democratic Party.
