He sure is an economic genius. And completely in touch with the American public.
From the Wall Street Journal:
"Globalization and technology and automation all weaken the position of workers," he said, and a strong government hand is needed to assure that wealth is distributed more equitably. He spoke aboard his campaign bus, where a big-screen TV was tuned to the final holes of the U.S. Open golf tournament.
I wonder how many of the people who think he is so hip are aware that he probably has the same lifestyle as old white people (like McCain): spending all day cursing technology and watching golf. Like most old people too this is because he doesn't actually work for a living. What did Mises say about unions being opposed to anything that makes conditions and wages better for the workers?
McCain fired back saying that Obama's plan is "classic industrial policy which shows a lack of faith in private markets." Faith in private markets? As if economics is a religion? This seems to be how nihilistic economics has become. We can't know anything. Life is a big mystery. What do the gods have in store for us? Is the business cycle punishing us for allowing the wrong combination of government programs and spending packages? Pray to the Almighty Keynes in the Sky for answers to these questions and more. Obama should fire back: "As much as I have faith in the private markets, we cannot as a nation afford to evoke the animal spirits!"
I'm not really looking forward to the next few years politically. The worst thing about McCain's response in my opinion is that it suggests what we have now is a free market, even though he didn't actually state that.
It doesn't matter if its free or not. Just "private." That's what capitalism is all about. People own property and they compete to please McCain.
I think you may have missed my point. Right now if I say something about free markets to a liberal they usually respond with something like "that's worked out so well for us this far" while if I mention it to a traditional conservative they usually jump right on saying how important they are but thinking of a free market as what we have today. Either way it forces me on the defense in the discussion because of their pre-concieved notion that what we have now is a free market. It serves both the left and the right very well.
JohnSchreimann: He sure is an economic genius. And completely in touch with the American public. From the Wall Street Journal: "Globalization and technology and automation all weaken the position of workers," he said, and a strong government hand is needed to assure that wealth is distributed more equitably. He spoke aboard his campaign bus, where a big-screen TV was tuned to the final holes of the U.S. Open golf tournament. I wonder how many of the people who think he is so hip are aware that he probably has the same lifestyle as old white people (like McCain): spending all day cursing technology and watching golf. Like most old people too this is because he doesn't actually work for a living. What did Mises say about unions being opposed to anything that makes conditions and wages better for the workers? McCain fired back saying that Obama's plan is "classic industrial policy which shows a lack of faith in private markets." Faith in private markets? As if economics is a religion? This seems to be how nihilistic economics has become. We can't know anything. Life is a big mystery. What do the gods have in store for us? Is the business cycle punishing us for allowing the wrong combination of government programs and spending packages? Pray to the Almighty Keynes in the Sky for answers to these questions and more. Obama should fire back: "As much as I have faith in the private markets, we cannot as a nation afford to evoke the animal spirits!"
that was funny
we must resist the borg
That is not funny at all. I thought Obama was fairly friendly to the free enterprise system, but that quote of his sound like something out of some of Marx writings. The only reason why western countries are still very prosperous comes mainly from free trade. Increasing tariffs would have devastating consequences.
Equality before the law and material equality are not only different but are in conflict with each other; and we can achieve either one or the other, but not both at the same time. -- F. A. Hayek in The Constitution of Liberty
JohnSchreimann: "Globalization and technology and automation all weaken the position of workers," he said, and a strong government hand is needed to assure that wealth is distributed more equitably. He spoke aboard his campaign bus, where a big-screen TV was tuned to the final holes of the U.S. Open golf tournament.
I am struck by the irony of the situation:One of the miracles of "globalization and technology and automation", a high-quality transmission system which enables people to witness a magnitude of events from huge distances and which is, due to global trade and automated production, becoming increasingly affordable for more and more individuals, quacks mockingly in the background while a prophetic orator condemns its very existence.Politics does have its amusing aspects, doesn't it.
BlackSheep: That is not funny at all. I thought Obama was fairly friendly to the free enterprise system, but that quote of his sound like something out of some of Marx writings. The only reason why western countries are still very prosperous comes mainly from free trade. Increasing tariffs would have devastating consequences.
did you not think that he was a marxist? I bet you would be surprised to find that he believes in black liberation theology and is supported by many a black nationalist.
JohnSchreimann: From the Wall Street Journal: "Globalization and technology and automation all weaken the position of workers," he said, and a strong government hand is needed to assure that wealth is distributed more equitably. He spoke aboard his campaign bus, where a big-screen TV was tuned to the final holes of the U.S. Open golf tournament.
Jump on the gravy train while you can....strong government will ensure that everybody can share the wealth.....regardless of whether they contribute or not
Sometimes "majority" simply means that all the fools are on the same side
anonnymous:did you not think that he was a marxist? I bet you would be surprised to find that he believes in black liberation theology and is supported by many a black nationalist.
I don't know whether you're kidding or not... I'm sure he isn't a marxist. It just reminded me of Marx, because Marx goes to great extent to "show" how capital create unemployment, and actually calling labor saving devices of labor vampires.
I'm just disapointed because I didn't expect that from Obama. The one speech I watched from him (some from Google), he talked of how safety nets were important for entrepeunership. I certainely oppose safety nets from government, I know how socialized medicine works first hand, but he did seem sensible about entrepeunership and I was conforted by that. His socialized medicine was even optional -- I would rather he did such an organization outside of government, because of all potential for government "assistance", but at least, it seemed way more sensible than Hillary stuff. This however is truly scary stuff. The USA is still the edge on inovation (for instance, the ratio of american published papers versus those of all Europe is something incredible), so it would be a great loss for the rest of the world (working for an american multi-national as a developer, I certainely have a vested interest on this as well :P). Even if he doesn't do anything about it, he certainely can do a lot of damage by just demagoging about it with his vegetable-state supporters.
BlackSheep: anonnymous:did you not think that he was a marxist? I bet you would be surprised to find that he believes in black liberation theology and is supported by many a black nationalist. I don't know whether you're kidding or not... I'm sure he isn't a marxist. It just reminded me of Marx, because Marx goes to great extent to "show" how capital create unemployment, and actually calling labor saving devices of labor vampires. I'm just disapointed because I didn't expect that from Obama. The one speech I watched from him (some from Google), he talked of how safety nets were important for entrepeunership. I certainely oppose safety nets from government, I know how socialized medicine works first hand, but he did seem sensible about entrepeunership and I was conforted by that. His socialized medicine was even optional -- I would rather he did such an organization outside of government, because of all potential for government "assistance", but at least, it seemed way more sensible than Hillary stuff. This however is truly scary stuff. The USA is still the edge on inovation (for instance, the ratio of american published papers versus those of all Europe is something incredible), so it would be a great loss for the rest of the world (working for an american multi-national as a developer, I certainely have a vested interest on this as well :P). Even if he doesn't do anything about it, he certainely can do a lot of damage by just demagoging about it with his vegetable-state supporters.
I am serious, if you think this man can do anything except take more from the populace and run up the debt on the pretense that he is helping us as a people than you must have socialist leanings. I believe it was Lenin who said that in order for socialism to work you would need democracy or something to that effect. Also, I believe Kruschev was the one who said that left to themselves americans would take socialism in little drabs until one day they would wake up and find themselves living in a socialist state. Honestly, can you have socialism without a little Marx and Lenin? As for black liberation theology and black nationalism pay close attention to the people he refers to as his friends, the pastor whom he praised for the last 20 years until it became politically expedient to disavow him and his campaign contributors. This man scares me the way he lies and practices deception. As for his national health plan, where on gods green earth is he going to get the money for this plan? you guessed it. as for a social saftey net, there is not one when the rest of the world realizes that we as a people are not only mesmerized but do not even want to except the fact that our money and our reputation is worthless.
This post is not intentionally directed at you and is not meant to be inflammitory but when I see so many people as deluded as this man has made them by promising socialism as a viable means of government it just makes me cringe.
One thing I love about words like "Equitable" is that it is utterly meaningless since one must first define "Fairness" before proceeding.
katja328: JohnSchreimann: From the Wall Street Journal: "Globalization and technology and automation all weaken the position of workers," he said, and a strong government hand is needed to assure that wealth is distributed more equitably. He spoke aboard his campaign bus, where a big-screen TV was tuned to the final holes of the U.S. Open golf tournament. Jump on the gravy train while you can....strong government will ensure that everybody can share the wealth.....regardless of whether they contribute or not
If they actually spelled out to us the meaning of "Fairness" and "Equality" and why these are inherently valuable for society to pursue, than it wouldn't be so terribly enraging.
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