SOME ECONOMICS

A socialist economist who finally learnt: "Capitalism has been as unmistakable a success as socialism has been a failure. Here is the part that's hard to swallow. It has been the Friedmans, Hayeks, and von Miseses who have maintained that capitalism would flourish and that socialism would develop incurable ailments. All three have regarded capitalism as the 'natural' system of free men; all have maintained that left to its own devices capitalism would achieve material growth more successfully than any other system. From [my samplings] I draw the following discomforting generalization: The farther to the right one looks, the more prescient has been the historical foresight; the farther to the left, the less so".

There is a big article here which says that Communism has made a pretty big comeback in Latin America. There is certainly a strong Leftist influence there but there is some economic sanity there too so it remains to be seen how it will all end up. Stupid and brutish governments seem to be a tradition in Latin America, however, so whatever happens is unlikely to be much of a surprise. Only Chile is flourishing economically, thanks to Pinochet and the "Chicago" economists that he gave the economic reins to: "The Chilean economy after all, has posted growth rates above 7% per year for many years now"

Administration stupidity: "Less than two weeks after a 40-foot wave flattened massive swaths of Southeast Asia, the United States slapped a tariff on millions of dollars worth of seafood imports from India and Thailand. As the federal government promised $350 million, and private citizens pledged even more, the message to surviving shrimp farmers was clear: Have our marines, our pity, and our cash, but for the love of God, do not send us your cheap shrimp."

Another good debunking of the Wal-Mart bashers here. They are so keen to bash Wal-Mart that they are even praising Henry Ford! Ford was of course once the great heartless capitalist bugaboo of the Left who turned men into machines and "alienated" them. Consistency is not a Leftist virtue. Like Leftists generally, the Wal-Mart bashers find one little fact they like and then proceed to ignore all the other relevant facts.

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ELSEWHERE

Have a look at this picture of Russian Communists today. Note the semi-Nazi salute and the way the old Soviet flag has been remodeled Nazi-style with a black motif in a white circle on a red background. A visible sign of Nazi/Communist fusion. If they are Putin's opposition, Putin looks better all the time. For those who don't remember, the old Soviet flag was a yellow motif on a simple red background.

IQ rules again: "The risk of suicide is two to three times higher among men with low intelligence, and poorly performing offspring of well-educated parents are at the greatest risk. Low intelligence could lessen the "ability to solve problems while going through an acute life crisis", says a study in the British Medical Journal that analysed data from almost 1 million Swedish men.... The researchers looked at the military service records of 987,308 Swedish men born between 1950 and 1976. All the men had complete sets of intelligence test results at the commencement of their military service. Better performance in the tests was associated with reduced risk of suicide".

Leftist hypocrisy about IQ again: Leftists normally deny that there really is such a thing as IQ. All men are equal, aren't they? As we know, that was suddenly forgotten when someone cooked up a spurious table showing that "red" States had low IQs on average. Spurious IQ data was as popular as real IQ data is not. As this writer points out Leftists also rediscover IQ when it suits their "soft on crime" agenda. They constantly claim that low IQ murderers should not be executed, for instance.

There is a detailed story here that tends to show that America's most relentless enemy in Iraq is the American mainstream media.

Not all libertarians are peaceniks: "As attempts to stereotype Libertarians have proven, generalizations are futile. It's no more reasonable to say members of the Libertarian Party are politically far right than it is to say they're far left -- although party members are frequently hit with both labels. And you can't safely say Libertarians are anti-military -- assuming the military is being used properly for national defense. In fact, there are hundreds of military personnel in the party's membership -- many of whom were recently asked to consider telling their stories for LP News, the monthly Libertarian Party newspaper....."

What a faker! "On the eve of the presidential inauguration, US Senator Hillary Rodham Clinton embraced an issue some pundits say helped seal a second term for George W. Bush: acceptance of the role of faith in addressing social ills. In a speech at a fund-raising dinner for a Boston-based organization that promotes faith-based solutions to social problems, Clinton said there has been a 'false division' between faith-based approaches to social problems and respect for the separation of church of state. 'There is no contradiction between support for faith-based initiatives and upholding our constitutional principles,' said Clinton ... [who] invoked God more than half a dozen times, at one point declaring, 'I've always been a praying person.'"

Criminals are just misunderstood, of course: "A convicted murderer, who escaped the death penalty, was given a life sentence, and then was released on parole, is going back to prison on another life sentence - this time for the rape last fall of a 9-year-old girl near a Bryan elementary school. This is the second time that Donald James Sallows, Jr., 54, who was involved in the kidnapping and strangulation of a South Toledo man in 1977, has violated his parole by having sexual contact with children. In 1998, after being out of prison for slightly more than three years, he was sent back to prison for unlawful sexual contact with a 4-year-old. Less than five years later, he was out on parole again"

I have just put up an email from a reader on the subject of homosexual life expectancy here

My latest posting on MarxWords tells you all you need to know about Hegel in one easy lesson. My latest posting on "A scripture blog" looks at what Jesus means when he says "my" Father rather than "our" Father.

For more postings, see EDUCATION WATCH, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE and LEFTISTS AS ELITISTS. Mirror sites here, here, here, here and here

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That power only, not principles, is what matters to Leftists is perfectly shown by the Kerry campaign. They put up a man whose policies seemed to be 99% the same as George Bush's even though the Left have previously disagreed violently with those policies. "Whatever it takes" is their rule.

Leftists are phonies. For most of them all that they want is to sound good. They don't care about doing good. That's why they do so much harm. They don't really care what the results of their policies are as long as they are seen as having good intentions.

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