auto industry
Toward a Capitalistic Renaissance
24/June/2009 08:29 Filed in: Weekly
Column
There is beginning in this land and around the
world a groundswell of common people sensing what
seems to indicate that we are sojourners in an epic
time.
Bankrupt are the bastions of American enterprise, the auto industry. It seems that like their railroad brethren, they did not recognize the business school standard, which they were in the transportation business, rather than creators of automobiles. Of course the railroads were helped to their demise by General Motors and Standard Oil, which bought up privately owned public transportation, shut them down, and eliminated true market choice for American land based conveyance.
Automobiles were preceded in stupendous change, by the meltdown catastrophe of the financial universe. From which the concept too big to fail has now redefined the wisdom of Forrest Gump, “Stupid is, as stupid does, don’t mean nothin’.”
Let’s see – cheap monetary policy, coupled with easy credit, financially leveraged to the utmost, speculating in unregulated commodities, or bundled in high-risk real estate securities did not last forever. It sure seems our enlightened leadership believed that it would and even more amazing, that they can bring it back just like before.
Of course the oil players are back at it again, betting that economic recovery and unlimited demand increases are just a fall economic recovery away.
Then recent news indicates that solar activity is at a long time low, creating cool temperatures and the potential for a greatly decreased world food supply. All the while global warming alarmists are still promoting an agenda, that mankind can control climate by limiting carbon emissions and animal flatulence, or just have everyone painting their roofs white.
What is missing in the debate of TV pundits discussing the this or that, is that it really isn’t about this or that at all. The real issue is the concept of human enlightenment. Broken down into its most basic tenet we see the inability of humanity to save itself from itself. The problem is not at all about the stuff, the problem lies within the philosophies or religions of man.
Read More...
Bankrupt are the bastions of American enterprise, the auto industry. It seems that like their railroad brethren, they did not recognize the business school standard, which they were in the transportation business, rather than creators of automobiles. Of course the railroads were helped to their demise by General Motors and Standard Oil, which bought up privately owned public transportation, shut them down, and eliminated true market choice for American land based conveyance.
Automobiles were preceded in stupendous change, by the meltdown catastrophe of the financial universe. From which the concept too big to fail has now redefined the wisdom of Forrest Gump, “Stupid is, as stupid does, don’t mean nothin’.”
Let’s see – cheap monetary policy, coupled with easy credit, financially leveraged to the utmost, speculating in unregulated commodities, or bundled in high-risk real estate securities did not last forever. It sure seems our enlightened leadership believed that it would and even more amazing, that they can bring it back just like before.
Of course the oil players are back at it again, betting that economic recovery and unlimited demand increases are just a fall economic recovery away.
Then recent news indicates that solar activity is at a long time low, creating cool temperatures and the potential for a greatly decreased world food supply. All the while global warming alarmists are still promoting an agenda, that mankind can control climate by limiting carbon emissions and animal flatulence, or just have everyone painting their roofs white.
What is missing in the debate of TV pundits discussing the this or that, is that it really isn’t about this or that at all. The real issue is the concept of human enlightenment. Broken down into its most basic tenet we see the inability of humanity to save itself from itself. The problem is not at all about the stuff, the problem lies within the philosophies or religions of man.
Read More...
Serfs and the Warm Fuzzy Link
10/June/2009 12:30 Filed in: Weekly
Column
Last week I learned what I had perceived, calling
an American a serf is not a way to win friends and
influence people. That is especially true when you
mix in a little Bible teaching with an audience of
what is generally called evangelicals. Being called
a serf really doesn’t make you feel good about
yourself, and especially the plan that God has for
your life. That plan of course being what Francis
Schaeffer called, “personal peace and affluence.”
I didn’t write the book, “The Road to Serfdom.” F. A. Hayek wrote it a long time ago, even before I was born. The book basically describes the rise of pre WWII fascism in Europe, along with the compassion and complacency of what would soon be the Allies against Hitler and Mussolini. Hayek’s thesis basically warns about establishing what American pundits are now calling “European style socialism” during the reconstruction after the close of the war. All I did was just merge the two to make a somewhat logical point.
This road in Europe has pretty much been an autobahn, with really the only barrier being Margaret Thatcher’s British experiment in the 1980s, which found a following in America under President Reagan. In true American style, we however introduced steroids to the mix, pumping up everyone with mass body building exercises of cheap credit, expansive monetary policy, and real estate speculation.
As with drug steroids, economic steroids might help your major league career, but once drug testing and old age begin to show their effects, life goes down in a hurry. Can I get a witness on what has happened since mid 2007? Amen!
Read More...
I didn’t write the book, “The Road to Serfdom.” F. A. Hayek wrote it a long time ago, even before I was born. The book basically describes the rise of pre WWII fascism in Europe, along with the compassion and complacency of what would soon be the Allies against Hitler and Mussolini. Hayek’s thesis basically warns about establishing what American pundits are now calling “European style socialism” during the reconstruction after the close of the war. All I did was just merge the two to make a somewhat logical point.
This road in Europe has pretty much been an autobahn, with really the only barrier being Margaret Thatcher’s British experiment in the 1980s, which found a following in America under President Reagan. In true American style, we however introduced steroids to the mix, pumping up everyone with mass body building exercises of cheap credit, expansive monetary policy, and real estate speculation.
As with drug steroids, economic steroids might help your major league career, but once drug testing and old age begin to show their effects, life goes down in a hurry. Can I get a witness on what has happened since mid 2007? Amen!
Read More...