Showing posts with label Keynesian economics. Show all posts
Showing posts with label Keynesian economics. Show all posts

Thursday, March 31, 2011

Traipsing Around In The Hallway



There have been other instances when we first sent in ‘advisors’; then we armed our preferred side; then we provided air support; and, finally, we put American boots on the ground. It did not end well. You’d think we would learn. But aren’t we starting the same cycle all over again in Libya?

There was a time when we went all out in support of the notion that we are killing our planet, based on ‘irrefutable’ scientific evidence, graphs and projections - which were then proven to have been manufactured for political advantage. Yet, we are still operating on the original premise and demanding wholesale changes in the way that we live.

There was a time when Keynesian economics was the talk of the town. It dictated hiking Federal spending in order to increase prosperity and jobs. We were told that that economic activity increases by $2 for every dollar spent on unemployment insurance, and the like. We were told, we had at last discovered the golden goose; we had invented a perpetual motion mechanism that would spew greenbacks forever. Two for one. The more unemployed, the better for our economy… It’s not working.

The result of all these things should have been foreseen by those who promoted such policies. They should have known that it wouldn’t end well. These are the brightest among us, after all. If they don’t know, how should we with our mere high school education and a couple of college credits in basket weaving?

I maintain they did know – maybe not the first time it was tried, but certainly the second and third. And here we’re repeating all the same mistakes over again. Why?

Isn’t it obvious? Redistribution of wealth. It’s a core belief among those now in power that this must absolutely be done. They know the people bought it the first time around. And they know the people will buy it again: all the same promises; all the same lies. And then, when they figure out it’s not working, we’ll simply say, “Oops!” And they’ll assume we noticed our mistake and will correct it. This will give us time to do it again. And, again, we'll say, “Oops!” And “Oops!” it is until they’re ready to revolt, but by then it’s too late. They will have been bled of all their power to seriously resist.

Why Libya? It’s the same principle that applies: “Oops!” and “Oops!” again, until our precious army has been discredited beyond redemption. With the economy in tatters; Congress in tatters; the military in tatters, America’s enemies will have won. That’s when we’ll get Israel!

Don Trump has been getting a lot of press attention for keeping Obama’s birth certificate controversy alive. He himself is not exactly strident about it, knowing it’s become the third rail of American politics …and he does want to be president. It does give an opening, however, to those who want to keep the issue going. Why is it an issue in the first place?

Carter made a lot of mistakes, both in foreign policy as well as domestic. These can be filed away as teachable moments for future American presidents. These were teachable moments too for America’s enemies.

The law draws a distinction between someone falling asleep while smoking a cigarette in bed and someone deliberately pouring gas into the stairwell of a building and setting it on fire. Granted, the end result is the same.

Obama has been in office long enough for us to question his motives. As such, it is logical for us to question which team he’s actually playing on. His birth certificate would provide a clue; as would his school records. The fact that these are unavailable to us just goes to intensify our suspicions. Obama’s reluctance to provide this evidence is an indication of something being seriously amiss: Someone has been, or is about to be, snookered.

At the very least, we would find out if our president is merely a guy with a cigarette, or the guy with the red 5 gallon can, traipsing around in the hallway.

http://pkoelliker.blogspot.com/

Monday, May 17, 2010

Great Britain: Brown Says Good-Bye


It’s sad to watch the former Empire (on which the sun never set) strangling itself even further. Unlike America, the voters there have not yet formed a clear consensus as to the best way forward. Look for infighting and gridlock as outside events will no doubt continue to heavily influence the political narrative. While it is true that the ruling class has been toppled, its replacement will likely find itself without mandate to tackle all the internal and external challenges facing the country. Suddenly deprived of the roadmap a heretofore dependable ally was happy to provide, Britain will find itself alone to work out its problems.

Clearly, Britain can no longer depend on even minimal tea and sympathy from America. Obama has made it clear that the fortunes of Great Britain are no concern of his. Its leaders must now find their own way. Whether this means teaming up with Russian-German axis or going it alone still remains to be determined.

If Britain should choose to go it alone, the choice is between bringing its own fiscal house to order or depending on the Keynesian model that promises much; but, in practice, has never had much to show for itself. The most likely outcome will entail a series of compromises that will nevertheless steer the country further left and to increased fiscal vulnerability. Social instability can also be expected to rise.

Sad to see Brown go. Gone are the leaders who ended their tenure with the vengeful intrusion of old age. Gone are the days when certain closure (death) necessitated the taking of a new direction. It wouldn’t surprise me if in a few years British voters were to once again clamor for Brown’s return. Such is the warm reassurance and comfort inspired by the re-appearance of a familiar face – all sins forgiven.

Oddly enough, for Britain and countries around the world, the example may once again be set in America, where Barack Hussein Obama will likely show no sign of ever leaving.

Sunday, December 6, 2009

They Didn't Need God


In my view, the most significant threat to the human race is what it has always been: war. War is nature's way of saying, we have reached an impasse; there is no other way out. War is needed to clear the decks of lies, disinformation and the confusion that is choking off the natural processes, reason, conscience and common sense. Currently, we are poised precariously on that cusp. It could go either way. Science, the last bastion of anything resembling truth, has been co-opted by ideology. Government has fallen to corruption. Truth has become whatever anybody says it is. Policy is based solely on the most recent pronouncement.

Pronouncements are issued daily. Most are at odds with what has come before. Distrust of any source is at record levels. It's interesting to note that major media has refrained from reporting on the 'climate gate' scandal - as if, by not mentioning it, it can be made to go away. Common sense dictates that climate gate was never credible anyway. Neither is Keynesian economics; neither is socialism. All these work together in the building and maintaining the paradox that is (this new eco-based) religion and do not represent a practical (or secular) way foreword.

When functioning is restricted to swirling in the narrow part of the funnel, we find ourselves in what Camus referred to as the 'spitting cell', "a walled-up box in which the prisoner can stand without moving. The solid door that locks him into his cement shell stops a chin level. Hence only his face is visible, and every passing jailer spits copiously on it. The prisoner, wedged into his cell, cannot wipe his face, though he is allowed, it is true, to close his eyes. Well, that, mon cherie, is a human invention. They didn't need God for that little masterpiece."