No one's telling Russia it has to make cars that plug into walls or put windmills atop the Kremlin. Instead, the West will probably just keep kicking Canada until its own toes bleed.Hot Air weighs in.
Showing posts with label Fresh Prince of Bill Ayers. Show all posts
Showing posts with label Fresh Prince of Bill Ayers. Show all posts
Kicking Canada Until the Toes Bleed
Canada's new best friend ... China:
The "Progressive" End-Game has Arrived
... and everywhere the cold hard truth is being forced on unwilling cattle:
What happens with "Progressive" vote buying is that gradually the "Progressive" regime becomes a huge portion of GDP, but it does so by taxing and using regulatory regimes.
In the end the productive class (non-government GDP) is squeezed out and debt rises to the point that it is untenable (unless there is an endless supply of revenue via a resource). Once debt hits unsustainable levels the regime is forced to cut back ... but being that the regime has now become a massive part of GDP the result is unavoidable recession or depression. You can't remove the single biggest driver of an economy and hope that the economy will keep chugging along.
Furthermore, "Progressive" vote buying creates a massive dependent electorate. So, once the tap is shut off, populations that have been raised on "Progressive" largesse lash out ... they are like cattle who've been fed in a feed lot and don't know how to get their own sustenance ... or worse yet, can't get it because they are fenced in.
So it is that the lazy, slovenly, but intellectually arrogant hordes in Europe are having their feed cut off. For decades Western Europeans, almost to a man and woman, have looked down their noses at the rest of the world as they built a multi-generational "Progressive" house of cards.
Even the so-called strong economies, like Germany, have nothing to boast about because the strength of their economies is derived from exporting strength they get from a grossly devalued currency. That's what happens in the Euro-zone, when you tie industrial economies like Germany's to the economies of backwaters ... Germany thrives because the Euro is undervalued in relation to its economy. How else do you think Germany can be such an exporting powerhouse ... it cheats. If the Euro were to be tied to the German economy alone, it would rise 40% in a flash and plunge Germany ... and France ... and all of Europe ... into instant depression.
You were wondering why Angela Merkel is so desperate to save the Euro-zone ... weren't you? Well now you know.
So, a pox on all their houses. European smugness and political arrogance has run it's course. What's amazing, is that it took this long for the ponzi scheme to come crashing down. I'm always amazed how long "Progressive" economies can thrive on other people's money ... but eventually nature catches up. In this case the Europhiles will struggle on, keeping us all on edge for perhaps years to come ... but they've all crossed over the crest of the "Progressive" hill and are sliding down the other side ... cattle struggling to keep footing on a greasy slope where gravity is king.
Update: Spain
Rajoy must not only lead Spaniards out of their plight but also appease financial markets, who see the euro zone's fourth-largest economy as in danger of following Ireland, Portugal and Greece in having to seek an international rescue package.Cleaning up is not that easy though, because "Progressive" economies function on one basic concept ... buying votes with handouts is the quickest way to power. It's as simple as that.
The government sold bonds on Thursday with a yield of almost 7 percent -- a level of borrowing cost that led to bail-outs in other euro zone countries.
In a glimmer of good news, the Spanish stock market closed higher on the last day of trade before the election. Investors saw Rajoy as winning the race with an absolute majority, giving him a strong mandate to carry out his plans.
What happens with "Progressive" vote buying is that gradually the "Progressive" regime becomes a huge portion of GDP, but it does so by taxing and using regulatory regimes.
In the end the productive class (non-government GDP) is squeezed out and debt rises to the point that it is untenable (unless there is an endless supply of revenue via a resource). Once debt hits unsustainable levels the regime is forced to cut back ... but being that the regime has now become a massive part of GDP the result is unavoidable recession or depression. You can't remove the single biggest driver of an economy and hope that the economy will keep chugging along.
Furthermore, "Progressive" vote buying creates a massive dependent electorate. So, once the tap is shut off, populations that have been raised on "Progressive" largesse lash out ... they are like cattle who've been fed in a feed lot and don't know how to get their own sustenance ... or worse yet, can't get it because they are fenced in.
So it is that the lazy, slovenly, but intellectually arrogant hordes in Europe are having their feed cut off. For decades Western Europeans, almost to a man and woman, have looked down their noses at the rest of the world as they built a multi-generational "Progressive" house of cards.
Even the so-called strong economies, like Germany, have nothing to boast about because the strength of their economies is derived from exporting strength they get from a grossly devalued currency. That's what happens in the Euro-zone, when you tie industrial economies like Germany's to the economies of backwaters ... Germany thrives because the Euro is undervalued in relation to its economy. How else do you think Germany can be such an exporting powerhouse ... it cheats. If the Euro were to be tied to the German economy alone, it would rise 40% in a flash and plunge Germany ... and France ... and all of Europe ... into instant depression.
You were wondering why Angela Merkel is so desperate to save the Euro-zone ... weren't you? Well now you know.
So, a pox on all their houses. European smugness and political arrogance has run it's course. What's amazing, is that it took this long for the ponzi scheme to come crashing down. I'm always amazed how long "Progressive" economies can thrive on other people's money ... but eventually nature catches up. In this case the Europhiles will struggle on, keeping us all on edge for perhaps years to come ... but they've all crossed over the crest of the "Progressive" hill and are sliding down the other side ... cattle struggling to keep footing on a greasy slope where gravity is king.
Update: Spain
America's Lying Supreme Court Justice
On July 13, 2010, during her confirmation process, the Republicans on the Senate Judiciary Committee sent Kagan a letter asking her a series of questions probing her possible involvement in health care legislation or litigation during her time as solicitor general. The senators asked: “Have you ever been asked about your opinion regarding the underlying legal or constitutional issues related to any proposed health care legislation, including but not limited to Pub. L. No. 111-148, or the underlying legal or constitutional issues related to potential litigation resulting from such legislation?”I guess we shouldn't be surprised; Marxists the world over are fabled liars ... so why would be expect their little brothers and sisters in "Progressia" to be any different.
The sentors also asked Kagan: “Have you ever offered any views or comments regarding the underlying legal or constitutional issues related to any proposed health care legislation, including but not limited to Pub. L. No. 111-148, or the underlying legal or constitutional issues related to potential litigation resulting from such legislation?”
Kagan’s written response to both questions was: “No.”
Kill Team 6
Figures ... Obama was too busy doing a victory dance to capitalize on Osama intel:
US NAVY Seals have revealed for the first time that they killed Osama Bin Laden within 90 seconds of entering his fortress-like home in Pakistan.... what do you expect America, you put Chicago into the WH?
The men who killed the al-Qaeda chief have decided to speak out because they are tired of their "shabby treatment" by politicians who claim they were on a "kill mission."
Turning Ice Cream to Dog Shite
Barack Obama was a principled opponent of the Iraq war from its beginning. But when he became president in January 2009, he was handed a war that was won. The surge had succeeded. Al-Qaeda in Iraq had been routed, driven to humiliating defeat by an Anbar Awakening of Sunnis fighting side-by-side with the infidel Americans. Even more remarkably, the Shiite militias had been taken down, with U.S. backing, by the forces of Shiite Prime Minister Nouri al-Maliki. They crushed the Sadr militias from Basra to Sadr City.... loser.
Al-Qaeda decimated. A Shiite prime minister taking a decisively nationalist line. Iraqi Sunnis ready to integrate into a new national government. U.S. casualties at their lowest ebb in the entire war. Elections approaching. Obama was left with but a single task: Negotiate a new status-of-forces agreement (SOFA) to reinforce these gains and create a strategic partnership with the Arab world’s only democracy.
He blew it.
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