Elizabeth Warren in the White House?

Published in Listín Diario
(Dominican Republic) on 7 October 2019
by Carlos Alberto Montaner (link to originallink to original)
Translated from by Madeleine Brink. Edited by Laurence Bouvard.
Wall Street is trembling: Sen. Elizabeth Warren is leading the polls of Democratic Party presidential candidates. According to Quinnipiac University, Warren is now two points ahead of Joe Biden, who had been the front-runner. Quinnipiac predicts that Warren will win the Iowa caucus by the same margin.

The survey was conducted before House Speaker Nancy Pelosi launched an impeachment inquiry into Donald Trump. The distance between Warren and Biden will increase in coming polls as American voters usually react negatively to nepotism.

Apparently, Trump tried to recruit the Ukrainian president to find dirt on Hunter Biden, an American lawyer who sits on the board of directors of a Ukrainian gas company, but knows nothing about its business. Joe Biden has ended up looking like just another corrupt politician willing to pull strings for his son.

If all people are equal before the law in a republic, including the Republican president, then the same shoe of nepotism that fits Trump fits just as snugly for the Democratic candidate Biden. Sen. Warren has turned out to be the lucky beneficiary of this back-to-back corruption.

Wall Street is terrified of Sen. Warren. They call her a socialist and fear that she will raise taxes. For her part, Warren promises that she will do so only for the wealthiest 1% of taxpayers.

Warren would like to increase public spending. She used to be a conservative Republican. She believes in the market, but, like Adam Smith, she believes that we must prevent businesses from steamrolling citizens and from creating monopolies. Thus, Warren believes business should be regulated.

Sen. Warren and her husband, Bruce H. Mann, a Harvard Law School professor, belong to the 1%. They are millionaires, but they do not form part of the group of “useful idiots,” like Bernie Sanders or Bill de Blasio, who support Cuban or Nicaraguan Stalinism even when the horror of these systems is evident.

It is a shame that in her 70s Warren hasn’t yet learned that “redistributionism” affects the poorest of the poor negatively, or that increasing public spending also increases corruption and inefficiency. She’s missed these lessons because she knows no one who has been affected by the adverse affects of such redistribution and regulation.

However, U.S. elections are between people made of flesh and blood with their dark sides as well as their brilliance. If Warren is the Democratic candidate, voters will have to choose between a nasty individual who is totally incapable of any kind of empathy, but who has a few good economic ideas, and a good woman who is intelligent, but who is completely mistaken when it comes to economics. Fortunately, if Warren leads the country, the complex system of checks and balances that exists in the United States will prevent her from creating too many problems. I hope.


Wall Street tiembla. La senadora Elizabeth Warren encabeza las encuestas del Partido Demócrata. Según Quinnipiac University, Warren ya saca dos puntos de ventaja a Joe Biden, hasta ahora el front runner. Los mismos con que la senadora ganaría el caucus de Iowa.

La encuesta fue realizada antes que Nancy Pelosi, presidenta de la Cámara de Representantes, decidiera investigar sobre (y contra) Donald Trump. En la próxima encuesta la distancia entre Warren y Biden aumentará. Los electores norteamericanos suelen castigar el nepotismo.

Aparentemente, Trump intentaba reclutar al jefe de Estado ucraniano para buscar pruebas sobre la corrupción de Hunter Biden, abogado norteamericano situado en la dirección de una compañía ucraniana de gas, sin idea alguna del negocio. Biden quedaba como capaz de favorecer a su hijo.

Si en una república todas las personas son iguales ante la ley, incluido el Presidente republicano, como recordó la señora Pelosi, el sayo también sirve al candidato demócrata Biden. Mira por dónde, la senadora Warren ha resultado beneficiada del conflicto.

En fin, Wall Street tiene pavor a la senadora Warren. La llaman “socialista” y temen suba los impuestos. Ella jura y perjura que sólo lo hará con el 1% más rico de los contribuyentes.

Elizabeth Warren quiere aumentar el gasto público. Fue republicana y conservadora. Cree en el mercado, pero, como Adam Smith, piensa que hay que estar atentos al atropello y al monopolio de los empresarios. Por eso deben regularlos.

La senadora Warren y su marido Bruce H. Mann, profesor de Derecho en Harvard, pertenecen a ese 1% de ricos del país. Son millonarios.

Pero Elizabeth Warren no forma parte, como Bernie Sanders o Bill de Blasio, del pelotón de “idiotas útiles” que apoyó al estalinismo cubano o nicaragüense cuando ya resultaba evidente el horror de esos sistemas.

Es una lástima que a sus 70 años no aprendiera que el “redistribucionismo” afecta negativamente a los más pobres, o que no advierta que aumentar el gasto público incrementa la corrupción e ineficiencia, porque no le duele directamente a nadie en su bolsillo.

Comoquiera que las elecciones son entre personas de carne y hueso, con sus sombras y sus luces, si ella fuera la candidata demócrata, los electores tendrán que escoger entre una mala persona, carente de empatía, pero con algunas nociones económicas correctas, y una buena mujer, muy inteligente, pero minuciosamente equivocada en terreno económico. Afortunadamente, si Elizabeth Warren llegara a gobernar, el complejo mecanismo de contrapesos que existe en el país no la dejaría equivocarse demasiado. Espero.
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