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Breaking News: Jim DeMint to Resign Senate Seat to Run Heritage Foundation

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South Carolina Republican Sen. Jim DeMint will resign his seat in the Senate to lead the Heritage Foundation, a conservative think tank in Washington, D.C., the senator announced Thursday.

DeMint will replace Heritage President Edwin J. Feulner, who has led the organization since its founding 36 years ago.

From DeMint’s statement released Thursday morning:

WASHINGTON, D.C. — Today, U.S. Senator Jim DeMint (R-South Carolina) announced that he will leave the Senate at the beginning of January to become the next president of The Heritage Foundation, the largest and most respected conservative think tank in America.

“It’s been an honor to serve the people of South Carolina in United States Senate for the past eight years, but now it’s time for me to pass the torch to someone else and take on a new role in the fight for America’s future.

“I’m leaving the Senate now, but I’m not leaving the fight. I’ve decided to join The Heritage Foundation at a time when the conservative movement needs strong leadership in the battle of ideas. No organization is better equipped to lead this fight and I believe my experience in public office as well as in the private sector as a business owner will help Heritage become even more effective in the years to come.

“I’m humbled to follow in the footsteps of Ed Feulner, who built the most important conservative institution in the nation. He has been a friend and mentor for years and I am honored to carry on his legacy of fighting for freedom.

“My constituents know that being a Senator was never going to be my career. I came to Congress as a citizen legislator and I’ve always been determined to leave it as citizen legislator. South Carolina has a deep bench of conservative leaders and I know Governor Haley will select a great replacement.

“One of the most rewarding things I’ve done in the Senate is work with the grassroots to help elect a new generation of leaders who have the courage to fight for the principles of freedom that make this country so great. I’m confident these senators will continue the legacy of conservative leaders before them.”

Jim DeMint was elected to the U.S. House of Representatives in 1998 after owning a successful advertising and market research company for twenty years. DeMint left the House after limiting himself to three terms and then was elected to the U.S. Senate in 2004 and re-elected in 2010.

During his time in office, DeMint has been tireless advocate for Americans taxpayers. His goal has been to support and defend the Constitution, which was written to preserve liberty by restraining the federal government. Toward that end, he authored legislation to balance the budget, ban earmarks, replace the tax code, and reform our entitlement programs. He also led the fight against unconstitutional power grabs like the Wall Street bailout and Obamacare.

I believe this will ultimately be the best thing for both the Conservative movement and Jim DeMint personally. As Erick Erickson wrote:

While my initial reaction was one of sadness that we are losing the clearest voice in the Senate for conservatives, the upside on Jim DeMint’s departure from the Senate is mind boggling. Mitch McConnell likes it when people compare McConnell to Darth Vader, seemingly clueless that Vader lost the Death Star twice to a rag tag group of rebels in really beat up, hand-me-down spaceships.

If McConnell smiles at hearing the news Jim DeMint is leaving the Senate, he should remember Obi Wan Kenobi telling him . . . errrr . . . Darth Vader, “If you strike me down, I shall become more powerful than you could possibly imagine.” Jim DeMint’s power in the conservative movement just grew exponentially. A man who was going to retire in four years anyway, will now be leading the conservative movement from its base of operations for years to come.

Without Jim DeMint we would most likely not presently have in the United States Senate Pat Toomey, Rand Paul, Mike Lee, Marco Rubio, Jeff Flake, Ron Johnson, and Ted Cruz. We would not have a Republican establishment that now worries conservatives might actually primary them.

Without Jim DeMint we would still have a conservative movement that is part and parcel the Republican Party in name, word, and deed. DeMint showed the Republican Party can be challenged from within and that conservatism can be distinctly voiced from within the party moving it right, not moving with it.

I agree, though sand that we’re losing a conservative warrior in the Senate the establishment leadership has failed to lead and made it impossible for conservatives to advance much needed conservative principles and policies to fix the immense problems of overgrown government, out of control spending, unprecedented debt & deficits, and high taxes.

Gods speed, Mr. DeMint!

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Wealth is not Created at the Top: It is Only Devoured There

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The UK has left the EU and we can argue about the minutiae of Wealth until we’re blue in the face. But the overriding factors are apparent and in one of the richest countries in the world it is shocking that so many people can’t even be sure if they are going to be able to eat enough today or provide for their loved ones.

These days, politicians from the left to the right assume that most wealth is created at the top. By the visionaries, by the job creators, and by the people who have “made it”. By the go-getters oozing talent and entrepreneurial-ism that are helping to advance the whole world – Opinion by 

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… across the spectrum virtually all agree that wealth is created primarily at the top and so entrenched is this assumption that it’s even embedded in our language. When economists talk about “productivity”, what they really mean is the size of your paycheck. And when we use terms like “welfare state”, “redistribution” and “solidarity”, we’re implicitly subscribing to the view that there are two strata: the makers and the takers, the producers and the couch potatoes, the hardworking citizens – and everybody else.

Bankers, pharmaceutical giants, Google, Facebook … a new breed of  rentiers are at the very top of the pyramid and they’re sucking the rest of us dry

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In reality, it is precisely the other way around. In reality, it is the waste collectors, the nurses, and the cleaners whose shoulders are supporting the apex of the pyramid. They are the true mechanism of social solidarity. Meanwhile, a growing share of those we hail as “successful” and “innovative” are earning their wealth at the expense of others. The people getting the biggest handouts are not down around the bottom, but at the very top. Yet their perilous dependence on others goes unseen. Almost no one talks about it. Even for politicians on the left, it’s a non-issue.

To understand why, we need to recognise that there are two ways of making money. The first is what most of us do: work. That means tapping into our knowledge and know-how (our “human capital” in economic terms) to create something new, whether that’s a takeout app, a wedding cake, a stylish updo, or a perfectly poured pint. To work is to create. Ergo, to work is to create new wealth.

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But there is also a second way to make money. That’s the rentier way: by leveraging control over something that already exists, such as land, knowledge, or money, to increase your wealth. You produce nothing, yet profit nonetheless. By definition, the rentier makes his living at others’ expense, using his power to claim economic benefit.

But here comes the rub. Most rentiers are not as easily identified as the greedy banker or manager. Many are disguised. On the face of it, they look like industrious folks, because for part of the time they really are doing something worthwhile. Precisely that makes us overlook their massive rent-seeking…

CONTINUE READING HERE:

The problems we face are that the politicians are firmly in the hands (pockets) of the uber wealthy. We live in a corporate plutocracy and those holding all the wealth and therefore power have no intention of changing the status quo, even if it isn’t sustainable. They remind me of bacteria (or cancer) devouring the host body more and more even though eventually it will kill them too.

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Donald Trump Forgets Important Lesson From Grandad:

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Harper’s Magazine reprints an interesting letter from US President Donald J. Trump’s own grandfather that may get you thinking. Here is it then:

The Emigrants – By Friedrich Trump – From a letter written in 1905 by Friedrich Trump, Donald Trump’s grandfather, to Luitpold, prince regent of Bavaria. Trump had been ordered to leave Bavaria for failing to complete mandatory military service and to register his initial emigration to the United States twenty years earlier.

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Prince Luitpold rejected Trump’s request for repatriation; the family later settled in New York. Translated from the German by Austen Hinkley.

Most Serene, Most Powerful Prince Regent! Most Gracious Regent and Lord!

I was born in Kallstadt on March 14, 1869. My parents were honest, plain, pious vineyard workers. They strictly held me to everything good — to diligence and piety, to regular attendance in school and church, to absolute obedience toward the high authority.

After my confirmation, in 1882, I apprenticed to become a barber. I emigrated in 1885, in my sixteenth year. In America I carried on my business with diligence, discretion, and prudence. God’s blessing was with me, and I became rich. I obtained American citizenship in 1892. In 1902 I met my current wife. Sadly, she could not tolerate the climate in New York, and I went with my dear family back to Kallstadt.

The town was glad to have received a capable and productive citizen. My old mother was happy to see her son, her dear daughter-in-law, and her granddaughter around her; she knows now that I will take care of her in her old age.

But we were confronted all at once, as if by a lightning strike from fair skies, with the news that the High Royal State Ministry had decided that we must leave our residence in the Kingdom of Bavaria. We were paralyzed with fright; our happy family life was tarnished. My wife has been overcome by anxiety, and my lovely child has become sick.

Why should we be deported? This is very, very hard for a family. What will our fellow citizens think if honest subjects are faced with such a decree — not to mention the great material losses it would incur. I would like to become a Bavarian citizen again.

In this urgent situation I have no other recourse than to turn to our adored, noble, wise, and just sovereign lord, our exalted ruler His Royal Highness, highest of all, who has already dried so many tears, who has ruled so beneficially and justly and wisely and softly and is warmly and deeply loved, with the most humble request that the highest of all will himself in mercy deign to allow the applicant to stay in the most gracious Kingdom of Bavaria.

Your most humble and obedient,

Friedrich Trump

… Well then. Long ago, yes.. Still applies? You tell me.

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