I've made progress but am still working on my thoughts about the terrible price in this particular case of the understandable elation of electing our first black president. But today, I was forwarded a link to an article at Front Page: Obama's Road To Damascus , which is about first signals of imprudent foreign policy.
But in my anxiety about what may well be afoot, I replied about the precarious state of America's exceptional and advantageous place in the world.
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First of all, the link didn’t work (Page not found). But I was able to look the article up. I’ve listened to a lot of conservatives who are girding to confront what Obama and a liberal Congress may present and who feel that conservatism will review itself and make a come back, which I’m certain it will…a comeback of sorts.
But I am very concerned about the future of America. It is rather a big trick to collapse a social system in quick fashion and yes, other countries have taken steps back in a conservative direction in the face of the dysfunction that liberal policies have brought about. Yes, it’s almost beyond doubt that liberal expanding and intruding government will see token pullbacks in the face of the problems that will be the consequence of liberal policies. But in nations where its best moments might have been described as, “Two steps forward and one step back,” in the larger picture, it has always been that way in a inexorable progress to the left.
I am deeply troubled about might be distilled to a couple of points:
1. Perhaps the most notable pullback in Western history brought the election of Margaret Thatcher in Britain which had like much of Europe followed a route of socialism. Thatcher served as British Prime Minister of Britain from 1970 to 1990. Like the American President Ronald Reagan, she was able to implement some measures to encourage economic activity and bring some relief of the stagnation brought by liberal policies.
But, I recently heard discussion of how she had hoped to repeal the implementation which the socialist trend had implemented. But, that was not about to happen. Similarly in the US, Reagan was unable to staunch the growth of spending and government expansion. Tax reduction brought a doubling of revenues to the federal treasury, due to invigorated economic activity. But on budgetary terms, that was to no avail as spending tripled in the same period of time. Social Security and Medicare have divorced children from responsibility to their own parents. Parents care for their children from birth to near or beyond twenty years of age. But when parents age, there is no responsibility to reciprocate. On the whole, the government social system has not only morally maimed children, but has also relegated the elderly to a pittance in terms of living standard. But the famous “third rail of politics that is the FICA system is not only intractable, it is not even open for discussion. Bush (again) brought up Social Security, but it was summarily blown out of the water, and Bush slinked back to his corner.
Once a people has become dependent on a system, it would appear that only a revolution can change it, which incidentally has never happened.
2. All discussion of the benefit or detriment of the process of government socialization leave out what is clearly to me an essential point. The socializing nations have been to some considerable extent parasitic on a freer American society. Even beyond the fact that American power has repeatedly in the past come to defend other nations to weak to defend themselves. America has also been the seedbed of much of the technological advancement and education the fruit of which all nations have benefited from. But such advancement will be decidedly impaired once the chains of government are applied to American society. Sure, as has happened in Europe, government will necessarily in multivariate ways subsidize the largest established corporations in America. But, the seed of innovation is usually in startup commercial efforts, who are suppressed or obstructed by regulation or the subsidy of big business. So, if America is a last holdout for private liberty and the economic vitality that affords an overwhelming military, what does that mean not just for America, but for the world?
The respect for the sanctity of human life which is at the precipice of not just neglect but being utterly forgotten, Is at the foundation of the civil social character which enables both the defense of alien peoples and the conduct of civil society.
Showing posts with label socialism. Show all posts
Showing posts with label socialism. Show all posts
Tuesday, November 11, 2008
Thursday, July 24, 2008
Farther Down The Economic Rabbit Hole
Howard Richman at http://jews4huckabee.blogspot.com/ has commented on Treasury Secretary Henry Paulsen’s call for an unlimited feral commitment to the liability and solvency of Fannie Mae and Freddie Mac: Gerald P. O'Driscoll Jr.: "socialism is alive and well in America - thanks to a Republican Treasury secretary."
Though I appreciate his resolve in protecting American security and interest, the Bush administration’s relative opacity with respect to essential philosophical principles is, unfortunately nothing new. Also unfortunately, lucid systematic thinking does not appear to be in the immediate offing. Here is my response to Howard’s post:
It's sad. At this point, one wonders if there is any possibility of removing our collective head from the folly of socialist presumptions, given the extent to which they permeate the organs of mass-communications, broadcast and print.
One hesitates to use the word "socialist," lest we are stereotyped with a disposition of fear and constipation relative to social progress. But, a socialist inclination it is, one which I have watched expand like a blob, through the social consciousness in my lifetime.
We have been watching a crisis in home-lending brought on by the imposition of external objectives into the housing market. And, we wonder how government will palliate the effects of problems that THE GOVERNMENT CAUSED! This, by the way, is a full-time and self-perpetuating liberal occupation: creating problems that they can campaign to fix!
Now, it is clear before our eyes that real estate lending hasd been virtually consolidated under the umbrella of a couple of federally secured institutions. The victims of the consequences will not be just the taxpayers specifically; the entire society will suffer the constriction of economic potential produced by the imposition of extra-market objectives.
Thus imposed, not only is economic potential constrained, but market corrections are muted, and calamity is almost inevitable: really only a matter of time.
In the late 18th century, the first English monumental works of economics were written by Adam Smith. Smith's works were not fundamentally about numerical calculations. They were observations abouthuman nature. Smith was a philosopher. Government distortion of markets restricts potential and encourages risk and thus, failure.
In the meantime we have the consolation of reduced concern about bumping our noses on the closing walls of our economy. Think of a casino where losses are cushioned and winnings restricted.
Though I appreciate his resolve in protecting American security and interest, the Bush administration’s relative opacity with respect to essential philosophical principles is, unfortunately nothing new. Also unfortunately, lucid systematic thinking does not appear to be in the immediate offing. Here is my response to Howard’s post:
It's sad. At this point, one wonders if there is any possibility of removing our collective head from the folly of socialist presumptions, given the extent to which they permeate the organs of mass-communications, broadcast and print.
One hesitates to use the word "socialist," lest we are stereotyped with a disposition of fear and constipation relative to social progress. But, a socialist inclination it is, one which I have watched expand like a blob, through the social consciousness in my lifetime.
We have been watching a crisis in home-lending brought on by the imposition of external objectives into the housing market. And, we wonder how government will palliate the effects of problems that THE GOVERNMENT CAUSED! This, by the way, is a full-time and self-perpetuating liberal occupation: creating problems that they can campaign to fix!
Now, it is clear before our eyes that real estate lending hasd been virtually consolidated under the umbrella of a couple of federally secured institutions. The victims of the consequences will not be just the taxpayers specifically; the entire society will suffer the constriction of economic potential produced by the imposition of extra-market objectives.
Thus imposed, not only is economic potential constrained, but market corrections are muted, and calamity is almost inevitable: really only a matter of time.
In the late 18th century, the first English monumental works of economics were written by Adam Smith. Smith's works were not fundamentally about numerical calculations. They were observations abouthuman nature. Smith was a philosopher. Government distortion of markets restricts potential and encourages risk and thus, failure.
In the meantime we have the consolation of reduced concern about bumping our noses on the closing walls of our economy. Think of a casino where losses are cushioned and winnings restricted.
Labels:
Adam Smith,
Bush,
economic,
Fanny Mae,
folly,
Freddie Mac,
Paulsen,
socialism
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