Billionaire Venture Capitalist and Tech Investor Threatens to Expose Silicon Valley’s Darkest Secrets

ELDER PATRIOT – Armed with a primetime speaking slot on Thursday’s Republican National Convention’s agenda, billionaire tech venture capitalist Peter Thiel has the chieftains of Silicon Valley quaking in their boots.

Donald Trump and Peter Thiel are friends and Trump would not have offered Thiel such an important spot from which to speak if he wasn’t certain of Thiel’s positions on how serious the threat from Silicon Valley’s tech giants had become to American capitalism. 

It’s no secret that men like Eric Schmidt (Google,) Mark Zuckerberg (Facebook,) and Tim Cook (Apple,) have brought out the heavy artillery in their war against Donald Trump’s presidential aspirations.  It’s almost unanimously assumed they are opposed to Trump’s stand against unnecessary immigration and the harmful affect it has had on American working men and women, specifically when it comes to abuse of the H-1B Visa.  This legal apparatus has allowed these tech giants to replace skilled American workers with much cheaper foreign workers in order to save hundreds of millions of dollars annually.

But, anyone with knowledge of Mr. Thiel knows there’s far more to the man than his success at simply throwing money at technology start-ups.  Peter Thiel started Pay-Pal and has a worldview that few people know about.  It is assumed that he will use Thursday’s time at the podium to expound upon his views of how to make America great again.  Following are some quotes from Mr. Thiel that can be used to shed insight on what he’s likely to say.

“I do think there is this danger that our society has made its peace with decline. I’d like to jolt them out of their complacency a little bit.”

Hillary Clinton would like us to believe that declining opportunity and buying power is the new normal.  This was the same collar that Jimmy Carter tried to put around the neck of Americans before losing the White House to Ronald Reagan’s message of optimism.  It’s likely Peter Thiel will use his time to remind his listeners that they are Americans and that there are no limits, nor will there ever be limits to what they can accomplish either individually and collectively.

I think people in Europe are generally pessimistic about the future. They have low expectations; they’re not working hard to change things. When you’re a slacker with a pessimistic view of the future, you’re likely to meet those expectations.”

Liberal spin-meisters in the United States want us to ignore the problems resulting from unfettered immigration economic and social dislocation, and growing socialism that the nations of Europe are suffering from.  This is the same track Obama has us on and that Hillary Clinton has sworn to greatly expand.  It is likely Thiel will highlight why we must resist the temptation to continue traveling the same path.

“In the ’30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That’s not going to work today.”

Mr. Thiel may be expected to question the role of the Federal Reserve Bank in redistributing America’s wealth into the hands of a few and the failure of Keynesian theory in it’s entirety as it identifies its failure to grow anything but debt.  Ron Paul followers should not miss this.

“I believe we are in a world where innovation in stuff was outlawed. It was basically outlawed in the last 40 years – part of it was environmentalism, part of it was risk aversion.”

Regulations have stifled the entrepreneurial spirit and made doing business more costly for existing businesses.  Hillary Clinton has stated that more regulation is needed.  Mr. Thiel’s comments will stand as a stark warning in opposition to her plans.

“Education is a bubble in a classic sense. To call something a bubble, it must be overpriced, and there must be an intense belief in it.”

The Democrats are wedded to our failing schools and the support of the teachers unions. They always claim that more money will fix the problems but, except for the rising benefit packages and wages of teachers, our schools continue failing to meet the need of their students at a growing rate.  Across the country districts that have the most money directed their way often have the poorest performance. 

Donald Trump Jr. touched upon this last night when he said:

“The other party gave us public schools that far too often fail our students, especially those who have no options. Growing up, my siblings and I we were truly fortunate to have choices and options that others don’t have. We want all Americans to have those same opportunities.

“Our schools used to be an elevator to the middle class, now they’re stalled on the ground floor. They’re like Soviet-era department stores that are run for the benefit of the clerks and not the customers, for the teachers and the administrators and not the students. You know why other countries do better on K through 12? They let parents choose where to send their own children to school. That’s called competition. It’s called the free market. And it’s what the other party fears.”

Peter Thiel will have a lot to say tomorrow night and a whole lot of people on the left besides those from Silicon Valley should expect to be held to account.