Wednesday, December 1, 2010
Revolution # 9
It’s not about the Euro. It’s about revolution. The Left has seized the day. It will not allow cuts to the welfare state. It does not care about the Euro. It does not care about capitalism. All the Left cares about is bringing down the system which is now teetering on the edge.
As in the U.S., it was the Left that had been pushing for freebies that were essentially unaffordable. There was some semblance of affordability as long as economies kept growing. Now, that the slump cycle has set in, what had seemed affordable, is suddenly unaffordable. To the Left, this is a distinction without a difference. It is not that the ‘educated’ Left could not foresee this. They saw it alright. It was a set-up. It was planned. All they had to do was wait.
The waiting is now over. For the Left it is now time to act; to take to the streets; shout slogans; raise the red flag; do some damage; open some heads. For the Left the worst thing that could happen now is for the economies to recover; for people to go on as before. “Barack will not allow…”
Even recovery is now booby-trapped. All that pent-up demand. All that consumer spending would just show up the Euro (dollar) for what it’s really worth - nothing; or, at the very least, considerably less than what people expect.
Any way you look at it, the Euro is finished. The dollar is over; even though it may appear marginally better off than the Euro. People will not allow themselves to be taxed out of existence - in North Korea, maybe; but not in the West.
Still - taxation or inflation - it all comes out to the same: civil unrest, which will lead to political chaos. Left or Right, it won’t matter. The solutions are the same for both. There will be blood. The revolution is here. The Left has won.
In America, we think the revolution has already happened; that it happened at the ballot box - nice and neat - with the Republicans taking charge of the House. The verdict is already in: NO COMPROMISE; no solution. The old ‘evils’ are beginning to crumble one by one: the Bush tax cuts; the Bush wars; American exceptionalism; global alliances. Revolution is the end. It is here. After that, …who knows?
http://pkoelliker.blogspot.com/
Labels:
Bush,
capitalism,
dollar,
economy,
Euro,
inflation,
Left,
Michelle Obama,
North Korea,
recovery,
revolution,
taxation
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