Socialist Forays Into Free-Market Capitalism - Socialism Is a Cancer to Capitalism, That Won"t Work
It always amazes me how silly and ignorant economists and socialist leaning politicians look when they actually believe that they can control a global economy of 10s of trillions of dollars or even their own economies in their own nations by re-arranging the flows of capital, currency, trade, labor, and resources.
Worse, these folks are not even using the latest and greatest artificial intelligent super computers to second guess Adam Smith's invisible hand.
Okay so, let's talk.
Many left-leaning folks obviously have a little bit of trouble recognizing a hole in the ground from their rear-end outflow orifice.
So, I guess it isn't surprising that when they complain about capitalism, they fail to realize that there is nothing wrong with capitalism, especially free-market capitalism, it's only a problem when folks in power cannot leave well enough alone and keep their bloody hands off of it, as they try to intervene readjust the flows and steer them into a re-distributional methodology.
Let's talk some more shall we? In Japan (1), they've been quite reluctant to allowing private equity funds from foreign sources to come in and buy their stagnated companies, so now the Japanese government wishes to do it themselves? As if that government which is severely in debt and operating in a stagnant economy itself can do better? It's just not possible, and yet, they seem to want to re-learn things the hard way.
It seems that maybe all these inter-locking economies and brilliant academic economists, and world leaders who jet set around to speak to each other in the Davos lime-light ought to be taking some notes as to what works and what doesn't.
In China it's been noted in the Wall Street Journal (2) that "Government subsidies to green energy and high-speed rail have led to mounting losses and costly bailouts.
This is not a road the US should travel," and to this comment I'd say here-here, but does the Obama Administration care to comment? No, nor do they wish anyone, including me, to bring up the dismal failures with their forays into our free-markets; GM, Solyndra, and heck, well the list is quite long if you care to look it all up.
And, look at California building their little high-speed rail to nowhere? States like FL and others have already said no-thanks, even with Federal Government matching funds.
What truly amazes me is, if all those so-called intellectual wise men and leaders can't see that they are practicing the definition of insanity as they readjust the flows of commerce and capital, then why on Earth would we allow them to continue? If they cannot do any better than this, why do we need them? They are doing a very poor job, and they clearly are not needed, as they keep making the same mistakes over and over again, explaining that they know what they are doing as they make things worse.
Please consider all this and think on it.
References: 1.
Wall Street Journal article; "Japan Looks to Keep Barbarians at the Gates," by Kana Inagaki, September 25, 2012.
2.
Wall Street Journal article; "China's Solyndra Economy," by Patrick Chovanec, September 12, 2012.
Worse, these folks are not even using the latest and greatest artificial intelligent super computers to second guess Adam Smith's invisible hand.
Okay so, let's talk.
Many left-leaning folks obviously have a little bit of trouble recognizing a hole in the ground from their rear-end outflow orifice.
So, I guess it isn't surprising that when they complain about capitalism, they fail to realize that there is nothing wrong with capitalism, especially free-market capitalism, it's only a problem when folks in power cannot leave well enough alone and keep their bloody hands off of it, as they try to intervene readjust the flows and steer them into a re-distributional methodology.
Let's talk some more shall we? In Japan (1), they've been quite reluctant to allowing private equity funds from foreign sources to come in and buy their stagnated companies, so now the Japanese government wishes to do it themselves? As if that government which is severely in debt and operating in a stagnant economy itself can do better? It's just not possible, and yet, they seem to want to re-learn things the hard way.
It seems that maybe all these inter-locking economies and brilliant academic economists, and world leaders who jet set around to speak to each other in the Davos lime-light ought to be taking some notes as to what works and what doesn't.
In China it's been noted in the Wall Street Journal (2) that "Government subsidies to green energy and high-speed rail have led to mounting losses and costly bailouts.
This is not a road the US should travel," and to this comment I'd say here-here, but does the Obama Administration care to comment? No, nor do they wish anyone, including me, to bring up the dismal failures with their forays into our free-markets; GM, Solyndra, and heck, well the list is quite long if you care to look it all up.
And, look at California building their little high-speed rail to nowhere? States like FL and others have already said no-thanks, even with Federal Government matching funds.
What truly amazes me is, if all those so-called intellectual wise men and leaders can't see that they are practicing the definition of insanity as they readjust the flows of commerce and capital, then why on Earth would we allow them to continue? If they cannot do any better than this, why do we need them? They are doing a very poor job, and they clearly are not needed, as they keep making the same mistakes over and over again, explaining that they know what they are doing as they make things worse.
Please consider all this and think on it.
References: 1.
Wall Street Journal article; "Japan Looks to Keep Barbarians at the Gates," by Kana Inagaki, September 25, 2012.
2.
Wall Street Journal article; "China's Solyndra Economy," by Patrick Chovanec, September 12, 2012.
Source...