Tom Steyer: Climate Change is Scarier than Threats to Democracy

Tom Steyer
Tom Steyer. By Gage Skidmore, CC BY-SA 3.0, Link

Guest essay by Eric Worrall

Billionaire Climate Activist and Democrat Presidential Candidate Tom Steyer has suggested the climate crisis is more frightening than what he perceives as threats to US Democracy.

… Well, let me say this. I know this is going to sound a little strange, kind of: I don’t want to be president. But I do want to do things as president. You know, I am running because I thought — until this week, I was the last person to get in. And I got in because I thought, “My God, no one’s going to tell the truth to the American people. And we’re not going to actually deal with the critical issues in front of us, and we have to.” So the two things I can tell you, for sure: one is, if I’m not the Democratic candidate, I will be supporting the Democratic candidate. Full bore. Any one of those people on that stage is a thousand times better than Mr. Trump or any of the Republicans. Really. I believe that, and I will, there is 100% probability that I will be supporting that person as hard as I can. The second thing I’d say is this: if I’m not the Democratic candidate, that doesn’t mean we aren’t in a climate crisis! We are! I’ve been fighting it for a decade and more! I’m not going to suddenly go, like, “Wooo! Hawaii, here I come!” No. And I’m not going o suddenly thing that — look, if you had told me, when I was a kid, that I thought that American democracy was at risk, and it wasn’t the scariest thing ever, I would have said, “You’re crazy! That’s the worst thing I can imagine happening. I can’t imagine anything worse than that.” That’s because I couldn’t imagine the climate crisis. But there is no way, having seen what I’ve seen, and talked to the people that I’ve talked to, and seen the cruelty exhibited towards the American people, that I’m going to stop fighting these people. No way! I don’t think of myself as a tough person, but I can tell you: I don’t like mean people. They don’t scare me. And I’m very angry about it. There is a playbook here that is cruel to Americans. Intentionally so. …


The following is a video of Steyer speaking the words quoted above;

One thing you can say about Steyer, he is refreshingly open about his intentions.

0 0 votes
Article Rating
Newest Most Voted
Inline Feedbacks
View all comments
November 26, 2019 6:08 am
old white guy
November 26, 2019 6:37 am

Just what has old Tom given up to save the planet?

Reply to  old white guy
November 26, 2019 6:55 am

He’s willing to give up your freedom, your paycheck, your life, …

The Depraved and MOST Deplorable Vlad the Impaler
Reply to  MarkW
November 26, 2019 8:18 am

… or in the words of Steven Covey, he endlessly, ” … confesses the sins of others … “.

Bryan A
Reply to  The Depraved and MOST Deplorable Vlad the Impaler
November 26, 2019 10:17 am

Democracy is definitely at risk, it is being subverted and perverted by Billionaire Democrats

Reply to  MarkW
November 26, 2019 10:25 am

Oh, that’s too much of him.

Bryan A
Reply to  old white guy
November 26, 2019 12:29 pm

He’s just another Old White Guy

Reply to  old white guy
November 27, 2019 3:50 am

his sanity?
Ive never heard so many public speakers unable to actually speak coherently
scary stuff!
dont they listen to themselves speak or have someone read it aloud TO them prior?

Andy Mansell
November 26, 2019 6:39 am

OK for him to make his billions then, but we have to live in caves I guess…..

Reply to  Andy Mansell
November 26, 2019 6:45 am


November 26, 2019 6:40 am

Steyer is pure cringe. He must be heavily invested in renewables, and this is just his roadshow to try to protect his investment.

Did anyone see a few days ago the tweet by a market trader who paid a $200 pre-order fee to reserve two of Tesla’s Mad Max trucks ($100/truck), with the stated intent of asking for a refund after an expected spike in truck pre-orders drove the stock price up?

mark from the midwest
Reply to  icisil
November 26, 2019 9:14 am

He shorted coal at the same time the Soros was shorting coal, and both were lobbying heavily to shut down the coal industry

Reply to  icisil
November 26, 2019 9:36 am

Basically, another T. Boone Pickens.

Only, T. Boone was pro America. Steyer is pro-communism and all power to the government.

Greg Cavanagh
Reply to  ATheoK
November 26, 2019 1:25 pm

Re: communism.
If Stayer is on top when communism hits, he will win big. If he is one of the masses, then he’ll lose 100% of everything he’s worked for and either become a farm hand, or disappear. It’s a risky business advocating for communism, only a few lucky ones win, everyone else loses.

John the Econ
November 26, 2019 6:43 am

“Climate Change is Scarier than Threats to Democracy”.

It would have to be in order to vote for any of these socialist/fascists.

steve case
November 26, 2019 6:47 am

      Meanwhile in Germany

Reply to  steve case
November 26, 2019 7:26 am

Meanwhile we posted new record emissions for 2019 of 37.1 Gigatonnes and still 1 month to go.

Reply to  LdB
November 26, 2019 8:40 am

And what percentage precisely was that of the total atmospheric content.

Remember the old, very wise, saying: the poison is in the dose. No matter how scary you personally think that figure is you’re just demonstrating your own ignorance by thinking it is in any way meaningful.

Reply to  LdB
November 26, 2019 10:02 am

What is that as percentage of ppm @ 410 currently? 410 minus America = ? ppm.

Samuel C Cogar
Reply to  Wharfplank
November 27, 2019 3:40 am

That’s an easy one.

410 minus America = 410 ppm

To be “up-to-date” and current, ..….. I maybe shudda said, ….. “411 ppm”, ….. because it is the start of the summer season in the SH and thus the “warming” ocean water is outgassing CO2.

Curious George
Reply to  steve case
November 26, 2019 7:33 am

Yes, Musk confirmed that Tesla has chosen Berlin as its next Gigafactory location.

Posting a Google query is a bad taste. Even a DuckDuckGo query.

Henry Galt
Reply to  steve case
November 26, 2019 8:41 am

Yes Steve- if anyone can see that jack schitt is happening out of the ordinary it’s the farmers. Funny there are no reports on UK news – just like the Dutch farmer’s revolt last month. Not a peep.

steve case
Reply to  Henry Galt
November 26, 2019 10:41 am

Henry Galt November 26, 2019 at 8:41 am

U.S. news is mostly silent on this. A Google search comes up with three hits on a news search for; Protest in Berlin Today

Reply to  Henry Galt
November 27, 2019 3:55 am

seems its spreading

Farmers show anger with protests in Ireland, Germany and France

Livestock and arable farmer are protesting in Germany, France and in Ireland over low farm incomes, the undermining of rural economies and also growing criticism of agricultural practices. Read more

thats from feednavigator UK

Krishna Gans
November 26, 2019 6:48 am

What does he smoke ?
Can’t be good stuff, I’m sure !

November 26, 2019 6:53 am

Of course the threats to democracy aren’t scary. Because he and his cohorts are the ones making all the threats.

Reply to  MarkW
November 26, 2019 2:44 pm

..there is no bigger threat to democracy….than implementing one world government through global warming

and that’s the UN/IPCC goal

Mike Weatherford
Reply to  Latitude
November 30, 2019 4:58 pm

Replace “Democracy” with “individual freedom”, and you’ll be a lot closer to what they REALLY want.

November 26, 2019 6:54 am

Political progress, yes.

Shoki Kaneda
November 26, 2019 6:55 am

Tom Steyer and his ilk are the foremost threats to democracy.

November 26, 2019 6:57 am

Does Steyer know the truth? If he does, he’s just another lying Dem. I’d like to know what he has “seen.”

As I take a break shoveling snow that is very much a thing of the present, my reflection tells me that weather is no different today than it was when I was a child. I had to switch to a smaller shovel because the bigger one I normally use is too heavy. By the time I am finished, there will be piles of snow just as deep as the ones I used to play in as a child, carving out tunnels and making a fort for snowball fights.

Jeff in Calgary
Reply to  Scissor
November 26, 2019 9:54 am

having seen what I’ve seen, and talked to the people that I’ve talked to, and seen the cruelty exhibited towards the American people

Is he even living in the same universe we are? Maybe some parallel universe.

First off, who cares who he has talked to. That is irrelevant and simply anecdotal. What exactly has he seen that has scared him so badly? And isn’t that also just anecdotal? What cruelty exactly is he talking about? Probably something made up in his head based on 15°C of warming.

Reply to  Jeff in Calgary
November 26, 2019 2:55 pm

Maybe he’s been talking to Naomi Oreskes.

Kevin kilty
November 26, 2019 7:04 am

What sort of fanatic righteousness leads a person to make pronouncements each and every day displaying his ignorance and hypocrisy, and which if followed would lead to ecological and humanitarian disasters of Biblical proportions?

However, just when I think Steyer is the most odious candidate in the race, one of the others opens their mouth.

Tom Gelsthorpe
Reply to  Kevin kilty
November 26, 2019 7:32 am


Reply to  Kevin kilty
November 26, 2019 10:00 am


Bryan A
Reply to  Kevin kilty
November 26, 2019 12:28 pm

What sort of fanatic righteousness leads a person to make pronouncements each and every day displaying his ignorance and hypocrisy, and which if followed would lead to ecological and humanitarian disasters of Biblical proportions?
ever see Omen 3??
The Anti-Christ

Reply to  Bryan A
November 26, 2019 5:04 pm

Bryan A
Anti-Christ ??
Is that a relief process like Anti-Depressant, Anti-Aging, Anti-Inflammatory.
Just asking

Reply to  Ozonebust
November 27, 2019 12:14 am



November 26, 2019 7:08 am

“……the cruelty exhibited towards the American people…”
Such as?
– lowest total unemployment in decades and record levels for women, the young and minorities?
– across the board tax cuts (only for the rich is a flat lie)?
– Record stock market reflected in 401ks?
– criminal justice reform?

The “cruelty” would manifest itself if the government seriously tried to enact the Green New Deal that Tom supports.

Curious George
Reply to  George Daddis
November 26, 2019 7:37 am

He is very clear: He talked to people that he talked to, and surely he did not talk to anyone else. A clairvoyant does not have to.

Jeff in Calgary
Reply to  George Daddis
November 26, 2019 10:03 am

“-criminal justice reform?”
Right on point. Trump’s First Steps Act has done more for bringing justice to minority groups than any SJW or Democrat ever has. But most people have never even heard of it. It doesn’t fit with the MSM’s “Trump is Evil” narrative. They will never admit that anything he has ever done has produced any good.

For those not familiar with the First Steps Act, it is reviewing the sentences of individuals who were handed life sentences for minor non-violent crimes. Google it and you will read some great uplifting stories of families reunited.

Tom Abbott
Reply to  Jeff in Calgary
November 26, 2019 1:40 pm

In a new poll Tump has 34 percent approval ratings in both the Black community and the Hispanic community. He had around 10 percent back in 2016 when he was elected. Bad news for Democrats. Good news for the United States.

Reply to  George Daddis
November 26, 2019 4:16 pm

According to the left, anytime a group of people who pay 90% of a tax get more than 10% of any tax cut, that’s an unfair giveaway to the rich.

Gunga Din
Reply to  MarkW
November 27, 2019 2:10 pm

This never gets old.
(I think it dates back to GW Bush’s proposed “tax cut for The Rich”.)

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this…

The first four men (the poorest) would pay nothing. The fifth would pay $1. The sixth would pay $3. The seventh would pay $7. The eighth would pay $12. The ninth would pay $18. The tenth man (the richest) would pay $59.

So, that’s what they decided to do.

The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve ball. “Since you are all such good customers,” he said, “I’m going to reduce the cost of your daily beer by $20”. Drinks for the ten men would now cost just $80.

The group still wanted to pay their bill the way we pay our taxes. So the first four men were unaffected. They would still drink for free. But what about the other six men ? How could they divide the $20 windfall so that everyone would get his fair share?

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer.

So, the bar owner suggested that it would be fair to reduce each man’s bill by a higher percentage the poorer he was, to follow the principle of the tax system they had been using, and he proceeded to work out the amounts he suggested that each should now pay.

And so the fifth man, like the first four, now paid nothing (100% saving). The sixth now paid $2 instead of $3 (33% saving). The seventh now paid $5 instead of $7 (28% saving). The eighth now paid $9 instead of $12 (25% saving). The ninth now paid $14 instead of $18 (22% saving). The tenth now paid $49 instead of $59 (16% saving).

Each of the six was better off than before. And the first four continued to drink for free. But, once outside the bar, the men began to compare their savings.

“I only got a dollar out of the $20 saving,” declared the sixth man. He pointed to the tenth man,”but he got $10!”

“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar too. It’s unfair that he got ten times more benefit than me!” “That’s true!” shouted the seventh man. “Why should he get $10 back, when I got only $2? The wealthy get all the breaks!”

“Wait a minute,” yelled the first four men in unison, “we didn’t get anything at all. This new tax system exploits the poor!”

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn’t show up for drinks so the nine sat down and had their beers without him. But when it came time to pay the bill, they discovered something important. They didn’t have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and government ministers, is how our tax system works. The people who already pay the highest taxes will naturally get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas, where the atmosphere is somewhat friendlier.

Dodgy Geezer
November 26, 2019 7:10 am

“……I know this is going to sound a little strange, kind of: I don’t want to be president. But I do want to do things as president……”

Not really. It simply means that you don’t want to do the hard work. You just want the power to make everyone do what you say…

Reply to  Dodgy Geezer
November 26, 2019 6:24 pm


I to want to have the power of the presidential office, but I don’t want the notoriety or responsibility. As such, all should hold me in high regard and pat me on the back, and vote for me.

Jay Sport
November 26, 2019 7:17 am

I don’t want to be president, I just want everyone to do what I tell them to do.

Greg Cavanagh
Reply to  Jay Sport
November 26, 2019 4:14 pm

I don’t want to have to justify my decisions, or battle with congress to make new laws, I just want done whatever I want done.

November 26, 2019 7:18 am

The Left seems made up of anxious people. Always anxious about something. A while ago it was holes in the “Ozone Layer”, acid rain and even something called “Alar” on apples.
And the main thing is that their anxieties can only be relieved by some plan to force some one else to do something they would not otherwise do.
Thus, ending up with through taxation and regulation “they” can “manage” the temperature of the nearest planet.
And the really scary thing is that those underlying individual anxieties can never be relieved.
Enough already!

No one.
November 26, 2019 7:21 am

How would America fare better, as a dictatorship able to change their economy on a dime (nods to Justin Trudeau), or as a democracy? Funny thing, the admired dictatorship doesn’t seem worried about climate change and seems to be doing well.

I can’t understand the democrats or the liberals. I could never comfortably hold so many contradictory concepts, ideas and goals in my head and still function.

I guess an unbridled lust for power over others straightens that out.

Tom in Florida
November 26, 2019 7:24 am

Actually climate change is a scary thing. Fortunately for us, we will all be gone by the time the current inter-
glacial ends and the climate really changes so we won’t have to suffer from it.

Andy PAttullo
November 26, 2019 7:26 am

I am beginning to think that bathing in money every morning causes brain damage. Fortunately Most people are not at risk and can show up to vote with a little bit of common sense on their side.

Reply to  Andy PAttullo
November 26, 2019 8:29 am

The money acts as a barrier to the reality which actually happens. He is so removed from the underlying factors that he has no idea as to how any of his ideas will effect things.
His bubble is adrift.

Tom Gelsthorpe
November 26, 2019 7:31 am

Tom Steyer is mad as a hatter. He’d be pathetic, just another rich, goofy hypochondriac, but unfortunately he has the will to power, has a platform, is undaunted, and utterly lacking in awareness of his own hypocrisy. “The poor have no mansions, nor private jets? Well then, let them huddle in tenements, go nowhere, and subsist on gruel.”

Nor does Steyer bother with arithmetic such as China’s industrial development now leads the world to a level where China emits more CO2 than Anglo-America and the European Union put together. Even if CO2 were the climate’s control knob — which it ISN’T — along with another 2/3rds of the world’s people, China is exempt from the self-flagellating doomsday obsessions of the West.

But no matter – appeasing Gaia is all, if the Mad Hatter insists.

November 26, 2019 7:32 am

I’ve seen Steyer on TV commercials recently spouting his climate-change lies. He has no chance as a dumbocrap candidate, so I’m not sure what his purpose is, other than following orders shoveling his money to the media & trying to save the climate-crap meme in the coming election.

November 26, 2019 7:36 am

Steyer twin ??
A Punchinello ?? 😀

David Chorley
November 26, 2019 7:48 am

Finally, I have something in common with Tom Steyer: I don’t want him to be president either.

John Endicott
Reply to  David Chorley
November 26, 2019 8:16 am


Joel Snider
November 26, 2019 7:56 am

Nothing scares me less than C02 – nothing scares me more than people who are scared of C02.

Isn’t amazing how this is playing out exactly as we said it would? Fascist methods produce fascist results – every time.

Jeff in Calgary
Reply to  Joel Snider
November 26, 2019 10:10 am

In high concentrations, CO2 scares me. I know 2 people who were killed by CO2 in an enclosed space (approx. 1,000,000ppm). Even 80,000ppm is fatal.

Reply to  Jeff in Calgary
November 27, 2019 4:53 am

I think they may have been killed by lack of oxygen rather than CO2 … maybe

Gunga Din
Reply to  Jeff in Calgary
November 27, 2019 2:49 pm

Jeff, the atmosphere is not a confined space. Those 2 people didn’t die from “Climate Change” or CAGW.
I work everyday with bulk chemicals such as liquid CO2, liquid Cl2 (that is Cl2 gas under pressure. 10 ppm is fatal), 24% fluorosilicic acid, other acids at a similar concentration, 50% sodium hydroxide, ozone … I respect them but I’m not afraid of them. I use the proper personal protective gear and follow the safety guidelines.
I’ve been in a “confined space” where the Cl2 was over 10 ppm (at least that’s where the leak detectors pegged out at). But I was protected.
Most injuries occur when someone either doesn’t respect what they’re dealing with (and so ignores the safety procedures) or is so afraid of it that they do something stupid.
(Like passing the Green New Deal.) 😎

Bruce Hall
November 26, 2019 8:00 am
Reply to  Bruce Hall
November 26, 2019 9:18 am

Coming from someone who believes in AGW, that’s a pretty good article.

November 26, 2019 8:17 am

NASA/RSS has measured water vapor (TPW) monthly since Jan, 1988.
Measured water vapor increase trend is higher than the highest possible WV trend from CO2 feedback. This demonstrates WV increase is a driver of temperature change and CO2 is a follower.


November 26, 2019 8:21 am

I’m scared alright, just not with the message but the messenger and the cult and the after effects of the over reach Obama administration. The more I learn about over reach methodology the more I resist.

November 26, 2019 8:24 am

There are two ways to get rich.
1 – Make stuff that people want.
2 – Manipulate money.
Steyer is #2, a hedge fund manager.

There’s a real good chance he doesn’t actually understand the productive economy.

November 26, 2019 8:27 am

He is not open about taking billions doing what he says destroyed the planet, now running for dictator and taking everything from Americans, keeping his blood money and leaving Americans in a banana republic resembling Venezuala. HE is the threat to democracy, which he LOATHES, by the way. He is a DICTATOR, pure and simple.

Coeur de Lion
November 26, 2019 8:35 am

Golly Steve Case! Why haven’t I heard this astonishing piece of news on the BBC?

November 26, 2019 8:39 am

Beware of the Green Menace Society. Carbon tax shysters and cult members wearing tin foil hats.

November 26, 2019 8:42 am

Steyer’s SuperPAC Need to Impeach, is the game.
Just look at the funding, and $230 million for the Dems over 3 election cycles.

He challenged Bloomberg to use “emergency powers” on Day 1 for the “climate crisis”.

Is he comparing the so-called “climate crisis” to the Reichstagsbrand, the world is burning, for Ermächtigungsgesetze?

I think he should be bit clearer there on his intentions.

You mean, the Reichstagsbrand of 9/11 just didn’t cut it?

Then there is NextGen.

It sure looks like a concerted assault on the US constitution from the usual suspects, to force a Parliamentary system, based on guess where – London.
Mind you, that Westminster Parliament is not really functioning at all right now, in total disarray. Which is likely desired orchestrated chaos.

Reply to  bonbon
November 26, 2019 9:19 am

“Well, let me say this. I know this is going to sound a little strange, kind of: I don’t want to be president. But I do want to do things as president. ”

I think it is obvious Steyer wants to be Prime Minister of the U.S.A.
Bloomberg, being especially Anglophile, could run the District Cabinet office.
I am sure Her Majesty would approve of the overture, polishing the CBE’s in readiness?

Does the “Need to Impeach” actually mean President Trump could be the last US President?

Jeff in Calgary
Reply to  bonbon
November 26, 2019 10:18 am

“Mind you, that Westminster Parliament is not really functioning at all right now, in total disarray.”

What, the American government is functioning well? It is also in total disarray. Congress will never again do anything useful. Each president will use executive orders more and more until you simply have an elected 4 year dictator.

Reply to  Jeff in Calgary
November 26, 2019 1:12 pm

D.C is in a state of total hysteria. Isn’t it interesting how it mirrors London?
Surely it must be Putin personally /sarc.

Prime Minister Steyer would fix all of that, better give Buckingham a call.

November 26, 2019 8:44 am

What is even scarier are those who would use climate change as an excuse to end Democracy.
Fortunately, we have the advantage in numbers and intellect. These people are insane.

Reply to  jtom
November 26, 2019 9:50 am

Yes, but they have empathetic appeals and diverse bullhorns. Think of the [unplanned] children!

Another Paul
Reply to  jtom
November 26, 2019 10:06 am

“Fortunately, we have the advantage in numbers and intellect. ” You didn’t watch the Dem debates, did you? About half of “us” are idiots, voting for idiots. I demand a retraction…

Reply to  Another Paul
November 26, 2019 2:30 pm

No, I just need to better define my, ‘we’. ‘We’ would be the vast majority of those reading this site, and the any others who agree with us. The insane are those voting for any Democrat. ‘We’ have more guns and greater intellect. Of that I have no doubt.

November 26, 2019 8:45 am

When bubble-gum loses its flavor, just been beaten up with a lemon-scented wet-wipe.

November 26, 2019 8:45 am

My take on democracy and climate policy:

John Endicott
November 26, 2019 9:07 am

I don’t want to be president

Well, that’s good because seeing as you’re only polling at a tenth of what the parties front runners are polling at, odds are extremely likely that you are not going to be president.

That’s the worst thing I can imagine happening. I can’t imagine anything worse than that.” That’s because I couldn’t imagine the climate crisis.

I do have to agree with Tommy here, but not in the way that he means. The “climate crisis” is the scariest thing out there. Not because the climate is in crisis, it isn’t. But because of the policies idiots like him and all his fellow nomination seekers are pushing to combat this imaginary crisis.

November 26, 2019 9:09 am

Totalitarian Climate Alarmists taking power are the greatest threats to Democracy.

Russia will love Tom as President.

Russian Agents; The Real Russian Collusion – Kill Fracking Save Russia

Bruce Cobb
November 26, 2019 9:25 am

Steyer puts the “loon” in ecoloon, and the “tard” in both ecotard and libtard. That makes him a loonatard. There are plenty like him, but he’s got money and a microphone, so that makes him a danger to democracy.

November 26, 2019 9:28 am

That’s because I couldn’t imagine the climate crisis.

Well, there’s his problem — an over-active imagination…

November 26, 2019 9:34 am

It is democracy that Steyer and other anointed lefty/democrats fear, not climate change. The proles and plebs cannot be allowed to continue to make decisions.

Alan Webb
November 26, 2019 9:52 am

Mr. Steyer, the threat to democracy, comes from your side.

William Astley
Reply to  Alan Webb
November 26, 2019 11:56 am

Steyer is living in the CAGW bubble. Ignoring the fact that the science is 100% incorrect.

If you were super rich:

What would concern you more: Climate Change or a Wealth Tax?

The Billionaires are about to run from the Democrat party.

Democrats (socialistic branch) have found out that Democrats and a large portion of the general population (particularly young people who believe the system is rigged and have nothing to lose) supports taking money away from the rich to pay for all the stuff Democrats (socialistic branch) promise.

The logic is the rich are so rich and voters like stuff voters can get (pay off their university loans and/or universal health care for example) with no increase in their taxes.

“Labor Department Chief Economist Betsey Stevenson, and Mark Zandi, chief economist at Moody’s Analytics, wrote that Warren could pay for her program “without imposing any new taxes on middle-class families.””

Both Bernie and Warren are purposing a wealth tax. A wealth tax is different than an income tax.

A wealth tax is a new proposed tax that applies only to those whose net worth is more than $50 million.

A wealth tax, is a yearly tax on the estimate value of everything that you own (home, yachts, paintings, property, jewelry, and so on . To pay for their wealth tax the super rich will need to sell some of their assets every year.

This is mixture of responses from conservative and Democrat sources.

If Senator Warren’s wealth tax had been in effect since 1982, Warren Buffett’s 2018 net worth would have been $14.5 billion, rather than the $88.3 billion it actually was. Jeff Bezos would have had about one-third of his current wealth. Bill Gates’s wealth would have been 81 percent less.

Former IMF Chief Economist Simon Johnson, former Labor Department Chief Economist Betsey Stevenson, and Mark Zandi, chief economist at Moody’s Analytics, wrote that Warren could pay for her program “without imposing any new taxes on middle-class families.”

“Warren’s tax could cut roughly in half the fortunes of the very wealthy over its first 10 years. The aggressiveness of her plan should not be understated,” he wrote as part of a series of tweets on Tuesday. “All Americans deserve protection from the tyranny of the majority, including the very rich.”

P.S. The Justice Department is about to release a report that shows there was document tampering and an organized conspiracy in multiple government department (including the FBI) to attempt to stop Donald Trump campaign, during the administration of Obama.

Gary Pearse
November 26, 2019 9:53 am

Doesn’t everyone actually know yet that all this climate policy heartburn is moot, academic? Take this to the bank: With the new massive unstoppable coal energy development galloping through Asia and Africa where three quarters of humanity dwells, CO2 is going to rise even quicker than before throughout this century.

We are helpless to avoid progressing through this unbridled CO2 experiment. We will learn what the climate sensitivity of CO2 unequivocally is, to several decimal places. We will know the naked cost benefit figures of CO2 emissions. (I’m betting on a Garden of Eden Earth^тм of plenty, peace and prosperity for all. Ive hammered on this obvious theme for half a dozen years since the “greening” discovery and the bumper harvests. I have never had these thoughts commented upon. The scientific proofs of sceptics I mainly agree with and they served their purpose well. But they too are now moot in the face of the big experiment and, in a way, keeping the climate sham alive. I think realists should get past this fading historical phase and start talking about the big experiment. Gather data on it. Debate it and make it the new conversation on climateu ).

Jean Parisot
Reply to  Gary Pearse
November 26, 2019 1:47 pm

Hopefully we can reach an optimal 800-1200 ppm.

November 26, 2019 9:58 am

I always learn a lot (of bad things) about how fragile the system is from Democrats setting new precedence and new interpretation of the Constitution, court loopholes, and institutions. I just don’t want Steyer to be at the head of the new precedence learning experience.

November 26, 2019 10:35 am

“Well, let me say this. I know this is going to sound a little strange, kind of: I don’t want to be president. But I do want to do things as president. ”

Prime Minister Steyer has a certain ring to it, the first Prime Minister of the U.S.A. Sounds even historic.
Although future historians will surely give precedent to Obama.

But first The Need To Impeach, at any cost, even spelling the end of the Dems. Then Bloomberg could be Ambassador to London, and Schiff could run the District Cabinet instead. Prime Minister Steyer could then do a Churchill and go after Russia. Biden gets his job back as Viceroy of Ukraine. Climate, CO2, what was that all about?

How dare the Founding Fathers separate powers like that! Preposterous, what?

November 26, 2019 10:57 am

The term Democrats in reference to the current group of candidates is you classic oxymoron with the emphasis on the ‘moron’ part. The prospect of any one of these Climate Czars getting to power is too horrendous to even think about. He’s right democracy is under threat.

November 26, 2019 11:47 am

Botox faces of aged public figures are unexpressive & make what they say lack the emphasis to their pronunciations. Aged public figures should arrange not to be seen speaking & just have their words come out as if from the etherworld. After all they want to dictate, so they might as well get the satisfaction of playing a divinity; Presidents aren’t all powerfull enough.

John Robertson
November 26, 2019 1:18 pm

Gang Green attracts all sorts.
Fools and Bandits especially.

November 26, 2019 1:30 pm

I suppose, at least, it is new and refreshing when someone like Tom Steyer comes right out and tells people directly that he is an idiot and wants to rob them, deprive them of their jobs and comforts and waste all their taxes on nonsense.

Joel O’Bryan
November 26, 2019 1:57 pm

Steyer doesn’t really want to be President.
He wants to own the President.
His campaign is merely a ploy to bypass US campaign finance limits (of $35.K/year/donor) and place several hundred million dollars directly into the Democrats’ campaign committees next summer.

Paul Penrose
Reply to  Joel O’Bryan
November 26, 2019 2:24 pm

I think you are spot on. Take a look at his initial flurry of ads: all negative attacks on the president, but nothing about what makes him a good candidate. He wants all the power, but none of the responsibility of being president. He (and others like him) are the real threat to our republic. And they are what I fear most.

November 26, 2019 4:12 pm

“having seen what I’ve seen, and talked to the people that I’ve talked to, and seen the cruelty exhibited towards the American people”
What has he seen, what people has he talked to and what cruelty is he talking about?
The media won’t ask him those questions but where are the business people he associates with? If I was doing business with this guy I would be asking him a few questions.
Over the years and in many conflicts around the world young Americans gave their lives to protect and preserve democracy but now climate change is more important than all that.
Tom Steyer has completely lost the plot.

Mike Maguire
November 26, 2019 4:13 pm

Interesting that the message is that the only way to save the planet is to vote for him or vote for somebody just like him with the same message.

They insist that if you vote for Trump, the planet will be destroyed.

Great marketing scheme to get votes and have people follow them.

If we don’t do exactly what they say we must do(because they know the secrets to saving the planet-we all die).

Only they have the knowledge and power to control the weather and climate……which ironically, has been the best for life on this greening planet in the last 1,000 years, the last time it was this warm.

The current climate optimum = climate crisis
The greatly beneficial increase in CO2 = carbon pollution

Those 2 facts are settled science just like gravity because they claim that 97% of real climate scientists tell us so.
The debate is over because they can’t waste their time discussing science with a bunch of climate deniers who absurdly, use observations and empirical data when 97% of real climate scientist know that computer simulations of the atmosphere(that have been too warm) based on a speculative theory represented by mathematical equations are infallible and should get 100% of the weighting.

In fact, we should emphasize the most extreme outcomes and then dial those up a notch because the narrative is always “its worse than we thought” even while the reality continues to be never as bad as predicted.

U.N. Predicts Disaster if Global Warming Not Checked

The disasters that never happen but result in new disaster predictions that are worse and worse(as motivating messages for people to do what they say).

Want to hear a rich genius talk blatant, anti science ignorance?

Reply to  Mike Maguire
November 26, 2019 7:16 pm

“The disasters that never happen”

I’ll have you know some of us are seasoned doomsday veterans whippersnapper-

What with practising crouching under the school desk when we see the flash , Arab oil crisis/Club of Rome/Ice Age a coming and Y2K plus the latest with global cooking nothing can disturb us anymore but Old Father Time 😉

November 26, 2019 6:21 pm

Sorry to say Tom but the Comintern have deemed you’re the wrong sex for the job and it needs a woman’s touch because deep down climate change is sexist and you’re just another blinkered misogynistic old billionaire white guy at the top of the power relationships tree that will never see that-

So give up these counter revolutionary ways comrade and get onboard Greta the Great and Global Girls for Gaia and if you’re really good and behave yourself with all the correct thoughts you too can earn the right to wear a purple T-shirt-

November 27, 2019 2:35 am

Tom Steyer: people with a permanently fixed false smile are always selling something fraudulent.

November 27, 2019 3:57 am

Sadly, we’ve reached a point in the climate wars that facts no longer matter. CAGW adherents are being successfully driven by emotion. Rational discussions don’t matter and don’t happen.

When is the last time you heard a rational argument from a ‘leader’ about the existence of a crisis? I can’t remember it ever having taken place. The entire argument today is how to ‘fix the crisis’.

Once a person has bought the kool aid, they are immune to fact. They won’t do the hard work to understand the complexities. Actually, it’s doubtful they ever had the ability to grasp it, which is why they fall prey to the propaganda to begin with.

Reply to  Paul BAHLIN
November 27, 2019 5:31 am

“Sadly, we’ve reached a point in the climate wars that facts no longer matter”

They never did as I worked out quite some time ago that 97% of people who believe they can change the global climate don’t know the science at all. You’re right it’s an emotional thing only but therein lies the problem for the leaders of the cause. Whenever you call for them to make sacrifices and pay for it personally their rational brain kicks in.

In that respect there’s a massive fallacy of composition problem going on and they simply expect the Gummint takes care of all that and the nasty big polluders. Well that and getting some home solar subsidies, free light bulbs and the like is fine of course. Just don’t ask them to pay for anything up front and patently obvious to them as it all has to be hidden costs.

Furthermore the prescriptions with solar wind plus electrifying or hydrogenating transport won’t ever cut it and when they don’t and the lights go out look out leadership then. We just have to be stoic and wait for the inevitable. You don’t like to see a train wreck coming but if it’s emotion they want they’ll certainly get a big dose of it then.

November 27, 2019 6:41 am

Jeez, give the guy a break will ya ! He’s just another fella who’s made squillions shearing the sheep, and wants to be thought of as a pious man before his entry to the Continuum is judged upon. 🙂

%d bloggers like this:
Verified by MonsterInsights