The Progressive Nightmare
The Conservative Solution
Can be explained by the views on Hayek’s Road to Serfdom
TEA Party: A warning
Cocktail Party*: Nothing to see here, move along.
Dhimmi Party: A roadmap**
*I used to call these the establishmentarian Rethuglicans, but this has come into more common usage and means the same group (the rethuglicaans that spend like dhimmis in order to keep getting invited to the DC cocktail parties) I’ll go with the new term.
**I think the Cloward-Pivens plan took that approach
The full book is avaialble at Amazon, Barnes and Noble, and Kobo.com
You might also want to check out Daniel Hannan’s The New Road to Serfsom, A Letter of Warning to American
With the economy sliding deeper into a recession, panelists discuss whether it’s time to stop throwing our money into a massive pit out in the desert.
It would actually help if they did burn it instead of burning through it.. Not to worry, though. The Fed can create much more with just a few keystrokes. And of course the Treasury’s printing presses are running overtime. With enough inflation our debt will disappear, just ask Zimbabwe. They replaced the Rhodesian Dollar (which had a 1:1 exchange rate with US dollars in the mid ’70s, I know, I was there) on a one to one basis in 1980. When they finally got out of the money printing business they were printing Z$100 Trillion bills. On 8 November 2008 one of those bills was “officially” worth $147.50. Note that our debt is all in US dollars, does that give you any ideas? Can we /should we inflate our way out of debt? By the way, now in Zimbabwe they use a “basket of currencies” (sound familiar?) that includes the US dollar, South African Rand, Botswana Pula and the Pound Sterling. I wonder what our “basket” will consist of?
Courtesy of Onion News Network
I have been wondering about the seemingly incoherent policies propagating out of the District of Corruption and trying to develop a model of thinking and goals that would be consistent with the insanity. I have had to abandon any thought of citizen or taxpayer well-being or maintenance of American exceptionalism in order to come up with a somewhat consistent model.
The District of Corruption has become, in essence, a wholesale club sized Faculty Lounge that has developed a plan to run the country as a university focused on the welfare of the faculty over the students or the payers of the tuition.
First is the plan to get out of debt seems to be Quantitative Easing III, IV, V, VI, and however many more it takes to make all those outstanding Treasury Bills (and their interest obligations) worthless. The fact that it will impoverish the American citizenry is as Microsoft used to say, “not a bug, but a feature.” It will wipe out the rich as well as the successful and the thrifty, thus putting all citizens’ welfare in the hands of those best qualified to judge a persons worth (no not the free market, that is seen as cruel, unfair and idiotic to the insufficiently rewarded, it must be those with the wisdom of Solomon, the Tenured).
This destruction of the dollar not only gets us out of debt while punishing those so rude to have been more successful in the free market than the new masters, but also sets the stage for the resurgence of America as a “properly structured society.” In other words the serfs need to acknowledge their proper place in the presence of their accredited and credentialed betters.
That brings us to the master stroke. In claiming that the oil companies get a “tax incentive” by writing off business expenses such as depreciation, exploration, and the cost of failed production attempts (things that legitimate costs of doing business in every other business, just bigger numbers in the oil business), the stage is set for the DOE to revoke all leases and nationalize the oil fields. After the dollar has been destroyed and whether the new currency that purchases oil is a “basket of currencies” or the PetroBuck® the wealth in the oil fields of what was previously called the United States will be more than enough to support the proletariat in their virtual slavery while the masters party like Nero. Issuing decrees as the Gods from Olympus (you have to “properly guide” those serfs, dontcha know?).
The crew at “Morning Joe” seem surprised and shocked when Niall Ferguson points out the obvious. Obummer does not have a cohesive foreign policy beyond feel-good speeches and his long term plan to weaken us economically enough that we transform from “The Great Satan” to “The Great Joke (or Whipping Boy, take your pick) granting us the safety of insignificance.
I found it humorous when Ferguson answered the question about the administration’s foreign policy talent by using his interviewer Mika’s daddy Zbigniew as the standard that no one met. In chess that is called “a fork”.
While I have mixed feelings about Zbigniew Kazimierz Brzezinski, To me he is a democrat that is like Zell Miller (albeit with a totally different accent). He warned the Democrats that their pacifism was alienating part of their historical base. He worked for Kennedy, Carter and Reagan. The Kremlin blamed him or John Paul’s election as Pope. He became a US citizen in 1958 at the age of 30. Why can’t the USCIS find us more immigrants like him?
Here is complete video of Herman Cain’s speech at CPAC today. Cain called on Americans to “stay involved, stay informed, and stay inspired” in working to see to it that there is a new President in the White House after the 2012 Election. Cain said liberals like Obama are seeking the destruction of the United States as we know it, wanting to turn America into the U.S. of Europe. Cain said that is not going to happen “on our watch.” He has already formed a Presidential Exploratory Committee, and will likely be a candidate for the 2012 GOP Presidential Nomination.
A love song for economist F. A. Hayek?
But, “The Road to Serfdom” was #1 on Amazon for a few weeks this summer and is still above Obummer’s books despite being over 50 years old. It’s encouaging to see the young people getting interested in things that will actually make a difference in their lives after their parents just kicked the can down the road.
Original song by Dorian Electra.Filmed by Clara Lee, Madeline Scholl, and Ciaran Finlayson.
Hey there Freidrich Hayek, ya lookin really niceYour methodology is oh so preciseYou break down social science to the fundamentalsRules and social order are the essentials
Chorus:The use of knowledge in societyby each of us we make the economyIt’s not magic that somehow our plans all alignThe result of human action, not of human design
Tell me your thoughts on resource misallocationDistorted price signals and misinformationInterest rates that are made artificially lowTelling producers where resources should go
Since these low interest rates, like you said, are liesMalinvestments come as no surpriseSoon these mistakes will all be revealedand then corrected, unless they’re concealed
Sometimes I dream all day ’bout bein’ Mrs. HayekWe’d share milkshakes, watch sunsets, and kayakWe’d work together on that business cycle theoryOh darlin’ you’ve been workin’ hard, you must be weary
Come to my couch, on which you can restI’ll make tea, we’ll talk credit and interestThen I can talk about my interest in youOf course we’ll talk ’bout the economy, too
Just me and you (x2)Me and YouOh, ohMe and You
Unfortunately it is very necessary (unless you prefer to watch Fox Business or Glenn Beck popularize the issue).
The Peterson Institute for International Economics is a private, nonprofit, nonpartisan research institution devoted to the study of international economic policy. Since 1981 the Institute has provided timely, objective analysis and concrete solutions to key international economic problems.
Business Insider says, “Here’s Niall Ferguson’s Complete And Definitive Guide To The Coming Sovereign Debt Crisis.” Niall Ferguson is a contributing editor for the Financial Times and a regular contributor to Newsweek. As a Historian and economic expert, he contributes often to television and radio shows in the U.K. and the U.S. He has authored multiple books, among them best-selling book “Ascent of Money: A Financial History of the World”, published in 2008. He is a Professor of History at Harvard University and Professor at Harvard. Business School. He graduated from Magdalen College (Oxford University) in 1985. He was a Hanseatic Scholar in Hamburg and Berlin and a Research Fellow at Cambridge. He was then a Professor and Financial History at Oxford.
The lecture actually begins at the 8:45 mark after all the intro fluff.