Archive for the Category ◊ Politics ◊

What’s Different from Left to Right?
Thursday, July 09th, 2015 | Author:

From Dennis Prager:

Without the belief in an ever-expanding state, there is no Left. Without a belief in limited government, there is no conservatism. Moreover, understanding this difference is essentially all people should have to know in order to determine whether they are on the Right or the Left.

The Left believes the state should be the most powerful force in society. It should be in control of educating all of its children; it should provide all the health care for all of its citizens; and it should supervise just about all other areas of society. There should be no competing power. As to the all-important question of how much government is too much government, I have never encountered a person of the Left who had an answer to that question.

Conservatives believe the individual is the essential component of a good society, not government. The government’s role in society should be limited to absolute necessities such as national defense and to serving as the resource of last resort for citizens who cannot be helped by other citizens, private organizations or charities that donate money and time.

Source: It’s All About Big Government Left-Right Differences:

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Others Now Admit Obama is a Marxist
Wednesday, July 08th, 2015 | Author:

I know someone that’s been calling Obama the ‘Manchurian Marxist Moslem‘ for more than six years.  It appears that others are finally catching up:

While pretending he’s not a Marxist, Barack Obama has been able to slip a radical socialist agenda into every government agency, including the Department of Defense. His policies for policing are also Marxist.

He is spending us into bankruptcy and regulating small businesses to death, literally, while attacking the rich and Capitalism, pretending wealth and Capitalism are causing our weak economic state when it is his socialist policies and his crony corporatism.

He’s made socialism mainstream and the lack of attention and knowledge on the part of our fellow countrymen has aided him in his mission. He does whatever he wants at the same time he claims he is doing the opposite, sending misinformation in the form of soundbites out to the masses.

Socialism is becoming so mainstream that radical socialist Bernie Sanders is drawing crowds of thousands wherever he goes though part of his attraction is that he tells the truth. He’s clearly telling everyone what a mess he will make of the country with his 90% federal income tax rate and exorbitant taxes on the dead and so on. Hillary lies about it.

Source: Let’s Admit Obama Is a Marxist Transforming Us Into a Totalitarian Hellhole

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Have we had Enough?
Wednesday, July 08th, 2015 | Author:

An insightful commentary from Victor Davis Hanson where he predicts a great push-back across the globe:

Europe and the United States are seeing glimpses of the ultimate leftist trajectory — a mixture of Greece and Detroit, de facto non-enforcement of the law, the Iranian nuke deal, a new McCarthyism, and race, class, and gender hatred — and are becoming afraid and perhaps appalled. A growing number of people sense that 21stcentury leftist elites are not pragmatic working people, but a privileged sect that callously experiments with other people’s lives on the understanding that they are insulated and immune from the inevitable disasters that follow from their own ideas.

A great pushback is awakening here and abroad, but its timing, nature, and future remain mysterious.

Source: Is the World Becoming Fed Up?

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USA Independence Day
Saturday, July 04th, 2015 | Author:

Happy 4th of July… Some tidbits from StrangeCosmos for your celebration:

  • Fifty-six individuals from each of the original 13 colonies signed the Declaration of Independence. Pennsylvania sent nine delegates for the signing, while Rhode Island, the smallest colony, sent only two delegates to Philadelphia.
  • The average age of a signer was 45. The oldest delegate was Benjamin Franklin of Pennsylvania, who was 70 when he signed the Declaration. The youngest was Thomas Lynch, Jr., of South Carolina, who was 27.
  • Twenty-two of the signers were lawyers, 18 were businessmen, 14 were farmers, and 4 were doctors. Forty-two signers had served in their colonial legislatures.
  • Seventeen of the signers served in the military during the American Revolution. As an example, John Hancock was a Major General in the Massachusetts militia.
  • Eleven signers had their homes and property destroyed. For example, Francis Lewis’s New York home was destroyed and his wife was taken prisoner by the British.
  • John Adams, Thomas Jefferson, and Charles Carroll were the longest surviving signers. Adams and Jefferson both died on July 4, 1826, the 50th anniversary of the Declaration of Independence. Charles Carroll of Maryland was the last signer to die — in 1832 at the age of 95.
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What Does the UN Represent?
Friday, July 03rd, 2015 | Author:

Clarity from Ted Cruz:

There is no equivalency between Israel’s right to self-defense and Hamas’ genocidal aggression against the Jewish people… There is no equivalence between Israel’s extraordinary efforts to protect civilians and Hamas’ use of the Palestinian people as human shields.

Source: Cruz: US should withdraw from UN Human Rights Commission

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No Flags?
Thursday, July 02nd, 2015 | Author:

It’s getting crazier everyday…

image

 

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Ethnic Stereotypes 
Tuesday, June 30th, 2015 | Author:

Given the focus of this web site, it is only natural to link to this blog posting:

Racist and ethnic stereotypes often arise from common fears of the unknown, with variations on a theme playing out in different ways and contexts throughout history. They are often supported by confirmation bias, a logical fallacy by which people tend to look for information that confirms their current beliefs and discount or ignore evidence to the contrary.

Source: 10 Logical Explanations For Ethnic Stereotypes – Listverse

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Any Common Sense Left?
Monday, June 29th, 2015 | Author:

Charlie and Linus can’t figure it out either…

crazyworld

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Confederate Flags Bad… Nazi Flags Good
Monday, June 29th, 2015 | Author:

This is typical overplayed reaction…

Online retail giant Amazon’s Monday decision to ban the sale of merchandise depicting the Confederate flag has many Americans scratching their heads, as a quick review of Amazon’s site reveals the company still sells Nazi flags.

Source: Breitbart 

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Update

The saga continues… The Greeks elected a Communist leader that promised economic miracles for the citizenry (sound familiar?); and everyone has discovered the harsh reality of running out of other people’s money.  It’s now widely reported that the Greek government is shuttering the banks for a week:

Greek leaders planned to shutter their banks on Monday amid last-ditch discussions about their nation’s economic future, as panicked citizens tried to pull their money from their accounts while they still were able.

I still don’t know enough about macroeconomics to predict the eventual end game…  I suppose the other EU countries will be coming to Athens to repossess the Parthenon.

greek-economy

January 6, 2015

Well, three years later and we have not yet closed the loop on the outcome…  Today’s BusinessWeek discusses Greece considering its options:

The current Greek situation is particularly troubling since by as early as mid-year it could constitute Europe’s Lehman Brothers moment. Whatever the outcome of the Jan. 25 parliamentary election, it is difficult to see how Greece can avoid a major policy collision with its European partners. Greece is showing every sign of austerity and economic reform fatigue as its economy remains mired in the deepest of depressions.

 

February 3, 2014

Yes, the story continues more than two years later, but the plot and results remain the same… As noted at ZeroHedge, Europe pretends to bail out Greece… and Greece pretends to reform and comply with austerity reforms when it merely continues to spend as before until the money runs out…

At this point, I would be willing to say that Victor Davis Hanson has been the best prognosticator (see earlier posts below)

 

May 9, 2013

The Greek government began its first mass-firing of public-sector workers in more than 100 years this week, part of an effort to lay off 180,000 by 2015 under Europe-imposed austerity.

via Greece starts firing civil servants for first time in a century.

 

August 20, 2012

More bad news about the Greece economy…  They have debt coming due and the country needs to issue more bonds.  The Greek GDP shrank by more than 6% over the last 12 months.

I still have that lingering question:  How does Greece break out of this continuous decline?

 

July 24, 2012

The Prime Minister of Greece declares that his country is in a depression (any surprises here?):

Greek GDP is expected by the end of this year to have shrunk by about a fifth in five consecutive years of recession since 2008…

 

May 11, 2012

You may have missed the Greek elections, but the results are foretelling — the citizens cast quite a few ballots for the Communist and the Nazi parties…  the real takeaway that can be generalized for many western countries is that nobody wants to hear about austerity measures.  Given a choice between a leader who says “you’ll have to tighten your belt and go to work” versus a prospective leader who proclaims “the government should continue to support your lifestyle”, well, the answer is pretty obvious.

The saga about bankrupt western countries continues to unfold…

 

May 2, 2012

It’s not getting any better in Athens…

image

 

April 5, 2012

It appears that the financial markets are not convinced that Greece has overcome its problems.  The Greek 10 year bonds are now hovering around a 20% yield rate (in contrast, US 10 year bonds are approximately 2%).

 

February 13, 2012

A prognostication from Victor Davis Hanson:

There are only three scenarios likely for Greece: (1) In exchange for debt relief, a liberated Greece changes its ways, opens up its economy, redefines labor and capital markets and becomes a sort of Spain (unlikely). (2) It defaults and its drachma-based country reverts to what one remembered in the old days and what one would expect from a top-heavy, unproductive socialist state (somewhat likely). Or (3) it gets some half-relief, but soon reneges on its promised reforms and austerity, and thus like Greek cities in the 2nd Century AD, life goes on as weeds grow among the impressive, but crumbling infrastructure of the past (very likely).

 

February 5, 2012

The saga continues… Is the situation in Greece a microcosm of the western democracies and economic decline?  A recent issue of the Washington Times discusses how the Greek bailout cycle continues unabated:

The latest examination by international debt inspectors found Greece in such dire straits that it requires another $20 billion cash infusion. This would be on top of the $171 billion promised in October, which was on top of the $145 billion Greece received in 2010…

Greece is not going to escape this repeating cycle of near-collapse and bailout without doing something that sparks sustained economic growth and private-sector job creation. It’s well past time to try something new. The last two years of bailouts and broken promises to cut back on spending have resulted in a shrinking economy and what seem to be daily news of rioting on the streets of Athens. That’s not exactly the best advertisement for Greece’s most significant industry: tourism.

 

January 31, 2012

The German news organization, Spiegel, is sharing its thoughts on the situation in Greece…  They exclaim that European politicians are not facing reality:

Once again, Europe is arguing over a bailout for Greece, and it looks as though the result will be no different that it has been in the past… Europe’s politicians continue to battle reality. Everyone knows that Greece cannot repay its massive pile of debts, now at more than €350 billion ($459 billion). But instead of effectively reducing the financial burden, European politicians intend to approve new loans for the government in Athens and go on fighting debt with new debt.

 

January 29, 2012

The latest discussion is about Greece changing from using the Euro as its currency:

Germany and the rest of the eurozone can’t actually kick a country out of the euro for fear of investor panic and speculation against Portugal, Italy, Ireland, and Spain. But if Greece were to leave on its own…

 

January 25, 2012

The situation in Greece has many economists around the world concerned:

The rest of the world needs to sit up and take notice of what is going on in Greece right now. This is what can happen when you allow government debt to spiral out of control. Once it becomes clear that you can’t pay your debts, a financial collapse can happen very suddenly and you start losing your sovereignty to those that you must turn to for financial help.

 

January 15, 2012

I’ve been watching the situation in Greece with great interest.  It possesses all of the leading indicators of great decline associated with a western culture that has embraced Socialism.  These indicators include a very low reproduction rate among the indigenous population; huge amounts of entitlements showered among the citizens; and a government expenditure rate well out of line with the country’s gross domestic product.

When a country gets to this point what happens?  Do they declare bankruptcy and the creditor nations repossess the assets? Do they hyper-inflate their way out of debt by using their own currency?

Over at the Calculated Risk blog, they talk about the fact that everyone knows that the Greeks are not willing to adopt austerity measures.

At this point, it all sounds like a huge game of “kick the can” as a means to delay the inevitable…  of course, I still don’t have a clear picture of the eventual outcome.

 

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