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Tag Archives: socialism
GDP Declines When Govt. Grows — This is Basic Common Sense
GDP Declines When Govt. Grows — This is Basic Common Sense A reader has contributed these charts that demonstrate why the socialist agenda is destroying the world. As the reader points out: “It seems that the optimal govt spending (share) is max 35% (US, AUS), and not >50% like in Europe. Lower govt expenditure has doubled GDP […]
The Socialist Lie that We have had Always a Growth Economy Since Roosevelt
The Socialist Lie that We have had Always a Growth Economy Since Roosevelt A comment by a reader with a philosophy is interesting and delusional at the same time. “Armstrong chose not to seek any compromise but to put all the blame on government. In principle, that’s got to be an absurd point of view. So […]
Draghi Lies Claiming withdrawing €500 note is for crime not Taxes
Draghi Lies Claiming withdrawing €500 note is for crime not Taxes The Hunt for Taxes While Mario Draghi has denied that the European Central Bank would only withdraw its €500 highest-denomination banknote to combat crime, not to curb the use of paper money, you really cannot expect that he would tell the truth. If he really told […]
Socialism and the Battle of Ideas
Socialism and the Battle of Ideas [This article is excerpted from Socialism: An Economic and Sociological Analysis] It is a mistake to think that the lack of success of experiments in Socialism that have been made can help to overcome Socialism. Facts per se can neither prove nor refute anything. Everything is decided by the interpretation […]
Neofeudalism vs. Socialism
Neofeudalism vs. Socialism QUESTION: Martin, Your grasp (and evidently the computer’s) of historical forces–the Shakespearen drama of it all–is awesome. But you seem more worried about possible socialism than neofeudalism, in which he rich take us back to the Middle Ages. Why? And which way do you think it will go, or a third way? […]
France in State of Economic Emergency
France in State of Economic Emergency President Francois Hollande has publicly stated that the French economy is now in a state of “economic emergency.” He set out a €2bn job creation scheme in a desperate attempt to lift France out of an economic death spiral created by his socialistic policies that have raised taxes and chased […]
Francois Hollande Admits Socialist Policies Failed, Declares “Economic State Of Emergency”
Francois Hollande Admits Socialist Policies Failed, Declares “Economic State Of Emergency” Remember when showing ‘progress’ in Europe was as simple as pointing to your high stock market or low bond yields to “prove” everything is awesome. Since 2012, when Mr Hollande came to power, more than 600,000 people have joined the ranks of the unemployed […]
Let The Bail-Ins Begin
Let The Bail-Ins Begin Portugal is starting to bail-in banks. The fascinating aspect that nobody seems to see is that this is a total failure of socialism. The U.S. Federal Reserve was formed in 1913, with the shareholders being the banks, to provide the cash needed to prevent bank failures. To stimulate the economy when […]
2016 – the BIG SHIFT
2016 – the BIG SHIFT As we close 2015 and begin a new year, the markets generally closed flat to neutral with a warning that as we approach the political year from hell being 2017, this is by no means going to be a walk through the park. We are more likely than not going […]
The Statist Mindset
The Statist Mindset The Key Logical Fallacy of Statism I just read an article in Bloomberg View yesterday by Cass Sunstein, who is a law professor at Harvard. It was a roundup of a number of books published last year on “behavioral economics”. For those who don’t know it, behavioral economics typically focuses on the biases and systematic errors […]
The World Economy – A Balancing Act Soon to Collapse?
The World Economy – A Balancing Act Soon to Collapse? COMMENT: Dear Martin, From reading your blog and other news I can conclude that the low interest rate has failed to increase the private business activities to the level that normally would require an increase in interest rates. The arguments now are to increase interest […]
Verging on Plutocracy? Getting Real About the Unelected Dictatorship
Verging on Plutocracy? Getting Real About the Unelected Dictatorship In politics as in medicine, excessively mild remedies are typically based on overly placid diagnoses. Look, for example, at the highly esteemed Columbia University historian Eric Foner’s recent letter of congratulations and advice to Democratic Party presidential candidate Bernie Sanders in The Nation. As I have argued […]
New Socialist Government Keeps Portuguese People Under The Whip
New Socialist Government Keeps Portuguese People Under The Whip Portuguese Revolution Falls Far Short The austerity imposed on the Portuguese people by the One Percent has resulted in the election of a coalition government of socialists, communists, and a “left bloc.” In the 20th century, socialism and the fear of communism humanized Europe, but beginning […]
America Looks A Lot Like Nazi Germany Did Just Prior To World War II
America Looks A Lot Like Nazi Germany Did Just Prior To World War II Once upon a time America fought a great war to rid the world of the Nazis, but now we have become just like them. In fact, I would venture to say that the Nazification of the United States is pretty much […]
Socialism v Capitalism
Socialism v Capitalism The debate for socialism is simply that they regard it as unfair when anyone has more than another. The solution is always to rob someone else to improve your own life. If you take this philosophy on your own, then you rob others because they have more than you on the street […]
