Battlefield 2012

By: Repair_Man_Jack (Diary)  |  June 5th at 12:00 PM  | 

But as the happy feelings faded away, people began to see the grim reality: all leftist systems operate by sacrificing everything else at the altar of equality, which can only be achieved by hobbling the above-equal with regulations while simultaneously empowering the below-equal with welfare, subsidies, quotas and other “well-intentioned” social justice programs. LBJ’s “great society” ideas were re-created time and again in American and | Read More »

Keynesianism is dead in Europe

By: Soren Dayton (Diary)  |  June 28th at 01:05 PM  | 

The G-8 and G-20 meetings in Canada were remarkable in historic terms. European governments criticized the United States for being spendthrift. Brazil provided political cover to the US on behalf of the developing countries. This has been a consequence of something truly remarkable happening in Europe. Keynsianism has lost in Europe. There is no political support for it. And Barack Obama got hit in the | Read More »