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“Corporate America should drop the GOP,” says business writer

Rick Newman of Yahoo Finance writes:
“Imagine buying a stock, then learning the seller changed his mind and canceled the transaction, without consequence.

“Imagine running a storefront with a landlord who raised the rent whenever he felt like it, regardless of what the lease stipulated.

“Imagine receiving a patent for a new invention that competitors could copy anyway, cashing in on your breakthrough without investing any of the hard work.

“This is the sort of chaos the Republican party—once, supposedly, the party of business—now advocates in its effort to overturn the legitimate election of incoming President Joe Biden. When Congress counts the presidential electoral votes on January 6, at least a dozen Republican senators and more than 100 Republican members of the House plan to challenge the vote tallies in swing states that Biden won …. Every state ran a free and fair election, with no meaningful disruptions or illegalities. Yet Republicans … want to overturn the results anyway, because they don’t like the outcome. The rules don’t matter.

“American capitalism works because rules, laws and customs dominate. Buyers and sellers in virtually every transaction know what to expect and have legal recourse if the other side cheats. Contracts force everybody to abide by predictable norms. There are flaws, but enforceable rules make the system better for everybody: Big firms, small businesses, workers and consumers.

“Trump and his Republicans conspirators trying to overturn Biden’s win are saying, just this once, let’s break the rules. No biggie.

“But it is a biggie. These Republicans are endorsing Venezuela-style ad hockery to keep their group in power illegitimately. Markets seem to be writing off the GOP insurgency as political shenanigans that are just for show. It’s way worse than that. The former ‘law and order’ party has morphed into a crime and disorder party that cannot be business-friendly if its only priority is to retain power at any cost.”

Read the entire article here.

Comment: This is bigger than the business community; it affects all of us. The GOP is no longer a legitimate political party. Under Trump, who aspires to be a dictator, it has become a revolutionary party seeking to overthrow our system of government. They behave like communists, brandishing guns, threatening public health workers and election officials, and talking about “civil war.” For years, Republicans called people they didn’t like “communists.” It turns out they’re the communists.

But I read today the “Proud Boys” leader was arrested on property destruction and weapons charges; a federal judge is weighing referring a lawyer who filed a baseless election lawsuit to his bar association for disciplinary action; and now there’s Fani Willis, the newly-elected prosecuting attorney of Fulton County, Georgia, who holds in her hands the power to prosecute Trump for the crimes he committed in his phoje call of Saturday, January 3, 2021 (watch video here). The rule of law, it seems, is still alive. So maybe there’s still hope for America. When this is all over, maybe there wil be a badly needed reckoning.

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