Bernie Madoff steals from his depositors. An evil Jew did it! Punish the evil Jew Bernie Madoff. Jon Corzine, pillar of the progressive establishment, senior financial regulator, steals from his depositors. Derivatives did it!. Poor Jon Corzine. We must punish derivatives by regulating them further.
Category: economics
China more capitalist than the USA
With the USA becoming more socialist, and China more capitalist, it was inevitable that they would cross over. And so today we see that private property rights in China are more secure and respected than in the USA. Which means that in a little while, the average Chinese will be richer than the average North American. At present, Chinese cars per capita is 21% of the US, electricity per capita is 29% of the US, and most middle class goods …
Leftwards with John Corzine
Urban Future tells us: When the Right attains power, it is by becoming something other than itself, betraying its partisans not only incidentally and peripherally, through timidity or incompetence, but centrally and fundamentally, by practically advancing an agenda that almost perfectly negates its supposed ideological commitments. It builds that which it had promised to destroy, and further enthralls that which it had promised to liberate. Its victories mean ever less, its defeats ever more. To win is at most a …
The first American socialist experiment.
Doubtless you have all seen this before, but it needs repeating, (and it is free content, being long out of copyright) Governor Bradford, repeatedly re-elected governor of the Puritan settlement tells us in his journal “Of Plymouth Plantation”:
Military incapacity illustrated
Shortly after my post “Military Incapacityâ€, a few hundred Tutsi rebels evicted the “Congolese Army†(poorly equipped black Cathedral third world armed forces) and seventeen thousand “United Nations International Peace Keepers†equipped with helicopter gunships and suchlike (better equipped and not quite so black Cathedral Armed forces) from the city of Goma in the Congo. This a straightforward conflict between a minority less inferior black race, and a majority inferior black race, with the Cathedral, naturally, backing the inferiors. The …
State capitalism
Google and Facebook competing for an Obama cabinet slot Big corporations get bigger while smaller businesses disappear. Most regulation is impossible to comply with, and is intended to be impossible to comply with. You “comply†with it by getting favors from the state exempting you from compliance.
The end state of democracy
President Camacho-The Economy from President Camacho Hat tip Fosetti
Vote Cthulhu
Why vote for the lesser evil? If you vote Democrat, you vote for the branch of the Cathedral’s public relations department that specializes in moving the left edge of the Overton window leftwards If you vote Republican, you vote for the branch of the Cathedral’s public relations department that specializes in moving the right edge of the Overton window leftwards. A vote for Romney will slow the destruction of the private economy, but it means that private health care goes …
How to fire big bird
Romney has promised to defund the Public Broadcasting System. Reagan promised to defund the left, and did not seriously try it. If Reagan did not, what chance Romney? But if Romney is serious about it, which I doubt, here is how to do it: The Public Broadcasting System is, in large part, half a billion dollars paying media people to be left wing, which includes paying them to be nasty to Republicans in general and Romney in particular. If you …
the gimmedat party
Today, you can predict pretty accurately how someone will vote from which interest group she belongs to. I say “she”, not out of political correctness, but because this is most obvious for females. The gimmedat party is non whites and single white females. And it has a majority in the US. Thus, Obama and Romney pander to it to precisely equal degrees. This is the end state of democracy, for the politicians seeking votes will steadily increase the gimmedats, until …