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h/t Thomas Lifson and Richard Baehr
"Once you realize your government’s sole purpose is to reserve murder of you and your family as its sacred task depending on your lack of fealty and obedience, everything sort of falls into place on why governments throughout the ages have been so murderous at home and abroad". William Buppert
"Constantine not only continued to waste the revenue of the Empire in useless expenses, and in presents to mean and worthless persons, but oppressed those who paid the tributes, and enriched those who were useless to the State. For he mistook prodigality for magnificence."
The impact of the current global financial and economic tsunami is calling into question the policies advocated by the warmistas and their prophet Al Gore as well as his enabling high priest James Hansen. The data released recently by one source estimates the recent loss to the wealth of each US family at 20% and the mood of the electorate is not conducive to "business as usual". This is a mere pittance compared to the negative impact to be experienced if the policies engendered by adherence to a target of reducing carbon emissions to 80% of those of 1990 by the year 2050 are pursued.
The pseudo science cited by the warmistas rests on a series of assumptions which have been conjured out of thin air such as: "the social costs of carbon is the damage done by emitting an additional unit (ton) of carbon dioxide into the environment". Never mind asking the embarrassing questions concerning the objective (scientific) metrics of such an assumption. The mere fact that arcane graphs and tables are presented should be sufficient to intimidate any intellectually challenged lay person or politician considering skepticism of such nonsense.
The political/economic impact of adopting the warmista agenda on the state level can best be illustrated by the case of the state of California which signed on to the green/warmista agenda in 2006 and is currently experiencing an unemployment rate substantially above the national average. With additional regulations and tax increases intended to address the multi billion dollar budgetary shortfall as well as the greenie agenda scheduled to be kicking in during 2009, the exodus of businesses and productive residents to neighboring states is accelerating exponentially. This reminds your humble scribbler of one of the few pearls of wisdom offered up by a professor of political science many years ago in a California University of all places: "When the water reaches the upper decks; follow the rats".
The just enacted mega pork stimulus package proposes, through sleight-of-hand plus smoke and mirrors, ostensibly to avoid the effects of this depression (let's call it what it is) by prescribing a mega dose of what initially caused the event i.e. easy fiat money and easy credit is likely to to result in just the opposite.
As bad as the results of this "remedy" will be, there is at least an up side and that is that the population will likely not be as ready to accept a further descent into a pre industrial society engendered by the unquestioning adoption of the warmista agenda.
Enjoy your pain. The White House Marxist Messiah will be doing his best to extend it.
Today’s US Economic System Is A “Mixed [Fascist] Economy,” Not Laissez-Faire Capitalism.
And even if all of the facts as presented [by] those who would blame "capitalism" were absolutely true, it would not imply any reason whatever to condemn capitalism. Capitalism is a system in which absurd, self-destructive behavior severely punishes whoever is guilty of it. Such people suffer losses, go bankrupt, and lose their ability to have significant further economic influence. Their example then serves as a lesson to others to avoid such behavior.
However, we are very far from having capitalism today, certainly not capitalism in its logically consistent form of laissez-faire capitalism. What we have today is a “mixed economy,” that is, a severely hampered, distorted form of capitalism. In such a system, such behavior can continue, thanks to government subsidies, grants of monopoly privilege and suppression of competition, and now by means of government “bailouts.”
A mixed economy is an economy which remains capitalistic in its basic structure, but in which the government extensively intervenes with the initiation of physical force to compel actions that are against the interest of individuals and/or to prohibit actions that are in the interest of individuals. For example, today it compels people to pay an income tax, which is against their interest but which they pay in order to stay out of jail. It also prohibits them from engaging in various business mergers or paying wages below a certain amount, things which it would be to their interest to do but now do not, because they wish to avoid being fined or imprisoned. (In my recent article “The Myth that Laissez Faire Is Responsible for Our Financial Crisis,” I present an extensive description of the extent of government intervention.)...
In a mixed [fascist] economy, every significant-sized business must fear what the government can do to it. It needs protection, in the form of political connections. It secures these through appointing former government officials to its board of directors, paying such officials lavish consulting fees, and giving lavish campaign contributions to candidates for public office. In these ways it buys the protection it needs. More
"Several ideas are on the table, but two of them are really making the [auto] industry pay attention. One plan is to make new car costs tax deductible. The other is to give rebates to Americans with old cars so they can better afford to buy new ones, a program otherwise known as "cash for clunkers."You can't make this stuff up.
"During the Great Depression of the 1930s, agricultural price support programs led to vast amounts of food being deliberately destroyed at a time when malnutrition was a serious problem in the United States and hunger marches were taking place in cities across the country. For example, the federal government bought 6 million hogs in 1933 alone and destroyed them. Huge amounts of farm produce were plowed under, in order to keep it off the market and maintain prices at the officially fixed level, and vast amounts of milk were poured down the sewers for the same reason. Meanwhile, many American children were suffering from diseases caused by malnutrition."Ideas proposed by politicians whose primary interest is short term "fixes" designed to win reelection, do not even compare favorably with the classic economic plan that in order to generate prosperity we must all take in our neighbor's laundry. We are however, likely to be victimized by such outrages until the effects on the citizenry of "free and compulsory" public
Thomas Sowell, Basic Economics (3rd Edition, Basic Books, 2007), p. 56.