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Jan. 4, 2021 - Dennis Prager Show
04:45
What's at Stake In Georgia
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Here's what's at stake in Georgia.
There's a Wall Street Journal this weekend.
Here's the difference between a Democratic and Republican Senate this year.
Start with control of committees, which would shift markedly leftward.
Republicans would lose their ability to investigate issues like FBI abuse and Hunter Biden's China dealings.
A GOP Senate is likely to approve most of Mr. Biden's cabinet picks, but Democrats would whisk through even controversial nominees like Neera Tanden at the White House Budget Office or Xavier Becerra at HHS.
There would be no check on judicial nominees.
Democratic chairmen would include Bernie Sanders, who would try to gut the Pentagon at the Budget Committee.
Sherrod Brown at Banking and Elizabeth Warren on the Financial Institution Subcommittee would try to change rules to steer lending and capital to their priorities and punish lending to fossil fuel companies.
Ron Wyden who would run the tax writing finance committee wants to tax gains and capital assets each year even if they aren't sold.
I want to explain that to you my friends.
This is not only unprecedented, probably in history.
It would actually be hilarious if it weren't so serious.
So let's say you buy a stock at $100 and it goes to $120.
So you've made $20 per share, correct?
But you didn't sell it.
You will still pay.
In other words, you have not gotten a penny.
You will pay on something you don't have.
So you will pay...
The $20 per share that it went up.
But what if it goes down $40 next year back to $80?
So you have paid on money you never made.
I don't know why people would buy stocks in that case.
Wouldn't that cause a financial upheaval?
The Judiciary Committee would go to Dick Durbin, another giant, who, after having deposed Dianne Feinstein, would target conservative nonprofits and think tanks for political attack.
If the filibuster stays, Mr. Biden will need to compromise to get GOP votes for an infrastructure bill, new Obamacare subsidies, or repealing Section 230 on tech liability.
A public option on health care is probably out of reach, as would be much of his climate agenda.
But if the filibuster goes, which is what they would do, they'd get rid of the filibuster, so do bipartisan restraints.
Statehood for the District of Columbia and Puerto Rico become possible with four new Senate seats to cement a Democratic majority.
That's all it's about, obviously.
And then it's maybe the end of America as we have known it anyway.
People whisper to me at airports.
Do you know that?
This is really something.
People whisper to me.
This was prior to lockdown time.
I fly, but a few others do, and people aren't whispering to me.
They keep to themselves at airports.
That's what masks do.
People whisper to me, I want you to know I'm a conservative.
They look around.
The last time people looked around and whispered to me was when I visited the Soviet Union.
This is what the left has done to the happy-go-lucky American who never had to whisper, never, I'm a Republican or I'm a Democrat.
It's a very different country.
I feel for me, I feel for my children, I feel for my grandchildren.
You know who I particularly feel for?
People who came here from communist countries.
Sweet land of liberty, of the icing.
I have a lot of friends who came here from the former Soviet Union.
They can't believe.
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